RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1997-06-11
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)
                    May 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 May 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

 
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: May 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:     05/01/97
        GROSS INTEREST RATE:  12.17629
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       10
REPORT DATE: 05/25/97


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

GROSS INTEREST                             15,923.33    15,923.33    15,923.33
    LESS SERVICE FEE                        2,846.00     2,846.00     2,846.00
NET INTEREST                               13,077.33    13,077.33    13,077.33
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                       1,875.49     1,875.49     1,875.49
  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                   14,952.82    14,952.82    14,952.82


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,569,279.39 1,569,279.39 1,569,279.39
    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      1,569,279.39 1,569,279.39 1,569,279.39
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    1,875.49     1,875.49     1,875.49
  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              1,875.49     1,875.49     1,875.49
ENDING PRINCIPAL BALANCE                1,567,403.90 1,567,403.90 1,567,403.90


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              1        156.95
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                  1,233.22     1,233.22     1,233.22
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            1     11,125.28
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                123,663.32   123,663.32   123,663.32
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
REO                     0          0.00
  PRINICPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           2     11,282.23   124,896.54   124,896.54   124,896.54


***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:     05/01/97
        GROSS INTEREST RATE:  12.4111
          NET INTEREST RATE:  10.25
        TOTAL NUMBER OF LOANS:       6
REPORT DATE: 05/25/97


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

GROSS INTEREST                              6,032.03     6,032.03     6,032.03
    LESS SERVICE FEE                        1,050.34     1,050.34     1,050.34
NET INTEREST                                4,981.69     4,981.69     4,981.69
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                         714.97       714.97       714.97
  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                    5,696.66     5,696.66     5,696.66


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           583,222.77   583,222.77   583,222.77
    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        583,222.77   583,222.77   583,222.77
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      714.97       714.97       714.97
  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                714.97       714.97       714.97
ENDING PRINCIPAL BALANCE                  582,507.80   582,507.80   582,507.80


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            1      1,747.36
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                 26,402.94    26,402.94    26,402.94
FORECLOSURE             0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
REO                     0          0.00
  PRINICPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           1      1,747.36    26,402.94    26,402.94    26,402.94


***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        359,507.39      8.0000           654.58  
STRIP                      0.00              0.00      1.4365             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  51,185,471.15        359,507.39                       654.58  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            2,396.72          0.00         3,051.30        0.00       358,852.81
STRIP         430.35          0.00           430.35        0.00             0.00
                                                                                
            2,827.07          0.00         3,481.65        0.00       358,852.81
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        7.023622   0.000013     0.000047      0.000000      0.000060    7.010833
STRIP   0.000000   0.000000     0.000008      0.000000      0.000008    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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                       74.90 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   134.82 
                                                                                
    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                                                     358,852.81 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                           359,407.39 
                                                                                
    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              554.58 
                                                                                
       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                        10.1364% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.007010833 

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

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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      1,192,171.07      8.0000        80,855.08  
STRIP                      0.00              0.00      1.5598             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  50,250,749.71      1,192,171.07                    80,855.08  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            7,923.29          0.00        88,778.37        0.00     1,111,315.99
STRIP       1,548.27          0.00         1,548.27        0.00             0.00
                                                                                
            9,471.56          0.00        90,326.64        0.00     1,111,315.99
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       23.724443   0.001609     0.000158      0.000000      0.001767   22.115411
STRIP   0.000000   0.000000     0.000031      0.000000      0.000031    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                      354.14 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   430.83 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,280.98 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    293,694.35 
      (B)  TWO MONTHLY PAYMENTS:                                1    162,476.91 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,111,315.99 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         1,114,308.71 
                                                                                
    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                       78,950.58 
    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            1,904.50 
                                                                                
       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                                             0.022115411 

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

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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      4,758,151.76      8.5000       201,610.87  
STRIP                      0.00              0.00      0.9019             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  96,428,600.14      4,758,151.76                   201,610.87  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           32,914.47          0.00       234,525.34        0.00     4,556,540.89
STRIP       3,454.71          0.00         3,454.71        0.00             0.00
                                                                                
           36,369.18          0.00       237,980.05        0.00     4,556,540.89
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       49.343781   0.002091     0.000341      0.000000      0.002432   47.253003
STRIP   0.000000   0.000000     0.000036      0.000000      0.000036    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-1 (POOL 3029)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,184.27 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,529.55 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,534.88 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    190,422.22 
      (B)  TWO MONTHLY PAYMENTS:                                1    138,828.77 
      (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                                                   4,556,540.89 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         4,569,445.44 
                                                                                
    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                      194,556.55 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     434.60 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,619.72 
                                                                                
       MORTGAGE POOL INSURANCE                             5,237,225.62         
       SPECIAL HAZARD LOSS COVERAGE                          975,802.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3667% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.047253003 

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

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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      2,105,156.71      6.5000         3,552.61  
STRIP                      0.00              0.00      2.8918             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  99,525,248.34      2,105,156.71                     3,552.61  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           11,402.93          0.00        14,955.54        0.00     2,101,604.10
STRIP       5,073.04          0.00         5,073.04        0.00             0.00
                                                                                
           16,475.97          0.00        20,028.58        0.00     2,101,604.10
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       21.151987   0.000036     0.000115      0.000000      0.000150   21.116291
STRIP   0.000000   0.000000     0.000051      0.000000      0.000051    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                      760.82 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   676.65 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,685.52 
    MASTER SERVICER ADVANCES THIS MONTH                                1,447.58 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    202,266.01 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    176,635.97 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,101,604.10 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         1,957,810.16 
                                                                                
    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             148,312.10 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     344.94 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,207.67 
                                                                                
       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                        10.2562% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.021116291 

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

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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      5,985,593.83      7.0000       389,754.17  
STRIP                      0.00              0.00      1.9556             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 106,883,729.60      5,985,593.83                   389,754.17  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           33,831.07          0.00       423,585.24        0.00     5,595,839.66
STRIP       9,464.99          0.00         9,464.99        0.00             0.00
                                                                                
           43,296.06          0.00       433,050.23        0.00     5,595,839.66
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       56.000982   0.003647     0.000317      0.000000      0.003963   52.354457
STRIP   0.000000   0.000000     0.000089      0.000000      0.000089    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    2,400.92 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,005.70 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,999.50 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    579,548.93 
      (B)  TWO MONTHLY PAYMENTS:                                1    185,699.28 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,595,839.66 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         5,604,923.73 
                                                                                
    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                      378,494.60 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,100.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,159.57 
                                                                                
       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                         9.8741% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.052354457 

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

SEC REPORT
DISTRIBUTION DATE:           05/27/97
MONTHLY Cutoff:                Apr-97
DETERMINATION DATE:          05/20/97
RUN TIME/DATE:               05/14/97       10:48 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                             CLASS A       STRIP
CUSIP Number                          795483BD7               NA
Tot Principal and Interest Distr            9,579.24    3,657.57

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,620.92
Total Principal Prepayments                    38.33
Principal Payoffs-In-Full                       0.00
Principal Curtailments                         38.33
Principal Liquidations                          0.00
Scheduled Principal Due                     1,582.59

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,958.32    3,657.57
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       1,123,526.87
Current Period ENDING Prin Bal          1,121,905.95
Change in Principal Balance                 1,620.92

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.013742
Interest Distributed                        0.067471
Total Distribution                          0.081213
Total Principal Prepayments                 0.000325
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                 9.525246
ENDING Principal Balance                    9.511504

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.511402%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689185%
Prepayment Percentages                     38.689185%
Trading Factors                             0.951150%
Certificate Denominations                      1,000
Sub-Servicer Fees                             390.66
Master Servicer Fees                          140.44
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr           10,189.27       28.03      23,454.11

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,800.70                   3,421.62
Total Principal Prepayments                    60.75                      99.08
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         60.75                      99.08
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,507.94                   4,090.53

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  8,388.57       28.03      20,032.49
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       1,780,454.89               2,903,981.76
Current Period ENDING Prin Bal          1,777,886.20               2,899,792.15
Change in Principal Balance                 2,568.69                   4,189.61

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      50.705961
Interest Distributed                      236.213973
Total Distribution                        286.919933
Total Principal Prepayments                 1.710661
Current Period Interest Shortfall
BEGINNING Principal Balance               200.543512
ENDING Principal Balance                  200.254185

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               588,034.12    3,259.12     591,293.24
Period Ending Class Percentages            61.310815%
Prepayment Percentages                     61.310815%
Trading Factors                            20.025419%                  2.286349%
Certificate Denominations                    250,000
Sub-Servicer Fees                             619.09                   1,009.75
Master Servicer Fees                          222.56                     363.00
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             134,947.80           1
Loans Delinquent THREE + Payments         468,284.26           1
Tot Unpaid Principal on Delinq Loans      603,232.06           2
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           21.3760%
Loans in Pool                                     18
Current Period Sub-Servicer Fee             1,009.75
Current Period Master Servicer Fee            363.00
Aggregate REO Losses                     (509,401.82)
 ................................................................................

Run:        05/21/97     15:04:13                                    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      6,416,007.59      8.5000        11,267.39  
STRIP                      0.00              0.00      0.3218             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 126,773,722.44      6,416,007.59                    11,267.39  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           45,446.72          0.00        56,714.11        0.00     6,404,740.20
STRIP       1,720.82          0.00         1,720.82        0.00             0.00
                                                                                
           47,167.54          0.00        58,434.93        0.00     6,404,740.20
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       50.609917   0.000089     0.000358      0.000000      0.000447   50.521039
STRIP   0.000000   0.000000     0.000014      0.000000      0.000014    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    2,735.97 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,175.39 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,683.30 
    MASTER SERVICER ADVANCES THIS MONTH                                3,911.55 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    159,456.44 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    103,470.13 
      (D)  LOANS IN FORECLOSURE                                 1    135,695.30 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,404,740.20 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         6,021,687.32 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  34      
                                                                                
    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             447,248.69 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     500.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,767.39 
                                                                                
       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                         9.8100% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.050521039 

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

SEC REPORT
DISTRIBUTION DATE:           05/27/97
MONTHLY Cutoff:                Apr-97
DETERMINATION DATE:          05/20/97
RUN TIME/DATE:               05/14/97       10:51 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AH1               NA
Total Princ and Interest Distributed       57,579.82    1,284.97

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                43,224.51
Total Principal Prepayments                16,851.29
Principal Payoffs-In-Full                  16,209.56
Principal Curtailments                        641.73
Principal Liquidations                          0.00
Scheduled Principal Due                    26,373.22

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 14,355.31    1,284.97
Prepayment Interest Shortfall                   9.39        0.14
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  1,970,016.46
Current Period ENDING Princ Balance     1,926,791.95
Change in Principal Balance                43,224.51

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.599802
Interest Distributed                        0.199200
Total Distribution                          0.799002
Total Principal Prepayments                 0.233836
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                27.336788
ENDING Principal Balance                   26.736986

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.589436%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306472%
Prepayment Percentages                     75.306472%
Trading Factors                             2.673699%
Certificate Denominations                      1,000
Sub-Servicer Fees                             542.87
Master Servicer Fees                          246.09
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       18,049.15       27.06      76,941.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,666.46                  56,890.97
Total Principal Prepayments                 5,525.66                  22,376.95
Principal Payoffs-In-Full                   5,315.23                  21,524.79
Principal Curtailments                        210.43                     852.16
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     8,647.96                  35,021.18

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  4,382.69       27.06      20,050.03
Prepayment Interest Shortfall                   3.06        0.02          12.61
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    645,982.42               2,615,998.88
Current Period ENDING Princ Balance       631,808.80               2,558,600.75
Change in Principal Balance                14,173.62                  57,398.13

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   1,006.154167
Interest Distributed                      322.663060
Total Distribution                      1,328.817227
Total Principal Prepayments               406.810969
Current Period Interest Shortfall
BEGINNING Principal Balance               190.234458
ENDING Principal Balance                  186.060489

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               112,396.64      168.49     112,565.13
Period Ending Class Percentages            24.693528%
Prepayment Percentages                     24.693528%
Trading Factors                            18.606049%                  3.390654%
Certificate Denominations                    250,000
Sub-Servicer Fees                             178.01                     720.88
Master Servicer Fees                           80.70                     326.79
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             631,808.80

POOL DELINQUENCY DATA                  Unpaid Princ    Number of
                                          Balance          Loans

Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments             102,823.96           1
Loans Delinquent THREE + Payments          45,190.02           1
Tot Unpaid Princ on Delinquent Loans      148,013.98           2
Loans in Foreclosure, INCL in Delinq       45,190.02           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             12.3091%

Loans in Pool                                     36
Curr Period Sub-Servicer Fee                  720.88
Curr Period Master Servicer Fee               326.79

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

SEC REPORT
DISTRIBUTION DATE:           05/27/97
MONTHLY Cutoff:                Apr-97
DETERMINATION DATE:          05/20/97
RUN TIME/DATE:               05/14/97       10:59 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AK4               NA
Total Princ and Interest Distributed      180,649.73      720.20

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               159,834.44
Total Principal Prepayments               155,632.59
Principal Payoffs-In-Full                 152,294.32
Principal Curtailments                      3,338.27
Principal Liquidations                          0.00
Scheduled Principal Due                     4,201.85

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 20,815.29      720.20
Prepayment Interest Shortfall                 128.30        2.70
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     2,792,479.26
Curr Period ENDING Princ Balance        2,632,644.82
Change in Principal Balance               159,834.44

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.679151
Interest Distributed                        0.218676
Total Distribution                          1.897827
Total Principal Prepayments                 1.635008
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                29.336566
ENDING Principal Balance                   27.657416

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.204334%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     66.023163%
Trading Factors                             2.765742%
Certificate Denominations                      1,000
Sub-Servicer Fees                             702.49
Master Servicer Fees                          289.10
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       92,916.82       49.14     274,335.89

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                82,253.99                 242,088.43
Total Principal Prepayments                80,091.63                 235,724.22
Principal Payoffs-In-Full                  78,373.69                 230,668.01
Principal Curtailments                      1,717.94                   5,056.21
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,162.36                   6,364.21

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,662.83       49.14      32,247.46
Prepayment Interest Shortfall                  65.88        0.15         197.03
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     1,437,065.54               4,229,544.80
Curr Period ENDING Princ Balance        1,354,811.55               3,987,456.37
Change in Principal Balance                82,253.99                 242,088.43


PER CERTIFICATE DATA BY CLASS
Principal Distributed                   3,541.031757
Interest Distributed                      459.034506
Total Distribution                      4,000.066263
Total Principal Prepayments             3,447.942225
Current Period Interest Shortfall
BEGINNING Principal Balance               247.462510
ENDING Principal Balance                  233.298383

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               372,388.50      318.35     372,706.85
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     33.976837%
Trading Factors                            23.329838%                  3.948177%
Certificate Denominations                    250,000
Sub-Servicer Fees                             361.51                   1,064.00
Master Servicer Fees                          148.78                     437.88
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              189,442.35           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments               0.00           0
Total Unpaid Principal on Delinq Loans    189,442.35           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           6.3733%

Loans in Pool                                     29
Current Period Sub-Servicer Fee             1,064.00
Current Period Master Servicer Fee            437.88

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

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   14-May-97
1987-SA1, CLASS A, 7.74872792% PASS-THROUGH RATE (POOL 4009)         10:15 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 1997
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,219,732.96
ENDING POOL BALANCE                                             $3,103,251.53
PRINCIPAL DISTRIBUTIONS                                           $116,481.43

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                 $107,985.20
     PARTIAL PRINCIPAL PREPAYMENTS                   $2,915.99
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 04/01                    $5,580.24
                                                   $116,481.43

INTEREST DUE ON BEG POOL BALANCE                    $20,790.70
PREPAYMENT INTEREST SHORTFALL                         ($209.77)
                                                                   $20,580.93

TOTAL DISTRIBUTION DUE THIS PERIOD                                $137,062.36

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $332.01

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               54.863583%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $2.653618230
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.468863844
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $2.526492159

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,656,304.92

TRADING FACTOR                                                    0.070696632

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                     $120,539.79
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,053.85
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             14-May-97
1987-SA1, CLASS B, 7.71872792% PASS-THROUGH RATE (POOL 4009)         10:15 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 1997
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,557,485.86
ENDING POOL BALANCE                                             $2,553,053.39
NET CHANGE TO PRINCIPAL BALANCE                                     $4,432.47

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 04/01                    $4,432.47
                                                                    $4,432.47

INTEREST DUE ON BEGINNING POOL BALANCE              $16,450.45
PREPAYMENT INTEREST SHORTFALL                         ($165.98)
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,284.47

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,716.94

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $348.75
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,281.27

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

RFC MANAGEMENT FEE                                                    $263.72

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               45.136417%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,656,304.92

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                     $120,539.79
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,053.85
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             14-May-97
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               10:15 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 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 04/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $63.94
PREPAYMENT INTEREST SHORTFALL                           ($0.65)
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $63.29

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         $5,656,304.92

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                     $120,539.79
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,053.85
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00















CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   14-May-97
1987-SA1, CLASS A, 7.74872792% PASS-THROUGH RATE (POOL 4009)         10:16 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 1997
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,219,732.96
ENDING POOL BALANCE                                             $3,103,251.53
PRINCIPAL DISTRIBUTIONS                                           $116,481.43

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                 $107,985.20
     PARTIAL PRINCIPAL PREPAYMENTS                   $2,915.99
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 04/01                    $5,580.24
                                                   $116,481.43

INTEREST DUE ON BEG POOL BALANCE                    $20,790.70
PREPAYMENT INTEREST SHORTFALL                         ($209.77)
                                                                   $20,580.93

TOTAL DISTRIBUTION DUE THIS PERIOD                                $137,062.36

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $332.01

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               54.863583%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $2.653618230
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.468863844
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $2.526492159

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,656,304.92

TRADING FACTOR                                                    0.070696632

NUMBER OF LOANS DELINQUENT ONE MONTH                                        0
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                           $0.00
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,590.73
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             14-May-97
1987-SA1, CLASS B, 7.71872792% PASS-THROUGH RATE (POOL 4009)         10:16 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 1997
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,557,485.86
ENDING POOL BALANCE                                             $2,553,053.39
NET CHANGE TO PRINCIPAL BALANCE                                     $4,432.47

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 04/01                    $4,432.47
                                                                    $4,432.47

INTEREST DUE ON BEGINNING POOL BALANCE              $16,450.45
PREPAYMENT INTEREST SHORTFALL                         ($165.98)
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,284.47

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,716.94

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $348.75
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,281.27

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

RFC MANAGEMENT FEE                                                    $263.72

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               45.136417%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,656,304.92

NUMBER OF LOANS DELINQUENT ONE MONTH                                        0
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                           $0.00
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,590.73
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             14-May-97
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               10:16 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MAY 20, 1997
DISTRIBUTION  DATE: MAY 27, 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 04/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $63.94
PREPAYMENT INTEREST SHORTFALL                           ($0.65)
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $63.29

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         $5,656,304.92

NUMBER OF LOANS DELINQUENT ONE MONTH                                        0
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                           $0.00
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $295,590.73
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00















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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3A  (POOL  3085)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3085                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AW8   25,441,326.74      3,638,225.68      7.5901         5,613.04  
                                                                                
- --------------------------------------------------------------------------------
                  25,441,326.74      3,638,225.68                     5,613.04  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           23,012.08          0.00        28,625.12        0.00     3,632,612.64
                                                                                
           23,012.08          0.00        28,625.12        0.00     3,632,612.64
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      143.004558   0.000221     0.000905      0.000000      0.001125  142.783931
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3A (POOL 3085)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      957.20 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,113.60 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,431.94 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    177,175.50 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,632,612.64 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         3,637,969.10 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  27      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     150.30 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,462.74 
                                                                                
       LOC AMOUNT AVAILABLE                                1,795,614.55         
       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                         8.3877% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6474% 
                                                                                
    POOL TRADING FACTOR                                             0.142783931 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3B  (POOL  3086)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3086                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AX6   38,297,875.16      4,597,278.40      7.8058         6,689.19  
                                                                                
- --------------------------------------------------------------------------------
                  38,297,875.16      4,597,278.40                     6,689.19  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           29,904.53          0.00        36,593.72        0.00     4,590,589.21
                                                                                
           29,904.53          0.00        36,593.72        0.00     4,590,589.21
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      120.040038   0.000175     0.000781      0.000000      0.000956  119.865376
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,445.63 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   929.33 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,299.22 
    MASTER SERVICER ADVANCES THIS MONTH                                1,084.78 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     95,495.67 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    133,006.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,590,589.21 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         4,461,345.16 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  41      
                                                                                
    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             136,305.48 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     221.20 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,467.99 
                                                                                
       LOC AMOUNT AVAILABLE                                1,795,614.55         
       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                         8.4464% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8075% 
                                                                                
    POOL TRADING FACTOR                                             0.119865376 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3C  (POOL  3087)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3087                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AY4   69,360,201.61      8,389,000.73      6.7500       216,808.04  
                                                                                
- --------------------------------------------------------------------------------
                  69,360,201.61      8,389,000.73                   216,808.04  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           47,188.13          0.00       263,996.17        0.00     8,172,192.69
                                                                                
           47,188.13          0.00       263,996.17        0.00     8,172,192.69
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      120.948333   0.003126     0.000680      0.000000      0.003806  117.822505
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    2,702.56 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,633.49 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,326.03 
    MASTER SERVICER ADVANCES THIS MONTH                                2,536.62 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    528,536.11 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1     47,084.41 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,172,192.69 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         7,837,969.70 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  59      
                                                                                
    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             346,245.93 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,312.43 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             201,409.90 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,085.71 
                                                                                
       LOC AMOUNT AVAILABLE                                1,795,614.55         
       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                         7.4245% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500% 
                                                                                
    POOL TRADING FACTOR                                             0.117822505 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-4B  (POOL  3088)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3088                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BA5    9,209,655.99        939,984.87      8.5000        11,783.04  
STRIP                      0.00              0.00      0.2368             0.00  
                                                                                
- --------------------------------------------------------------------------------
                   9,209,655.99        939,984.87                    11,783.04  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            6,658.23          0.00        18,441.27        0.00       928,201.83
STRIP         185.48          0.00           185.48        0.00             0.00
                                                                                
            6,843.71          0.00        18,626.75        0.00       928,201.83
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.065145   0.001279     0.000723      0.000000      0.002002  100.785722
STRIP   0.000000   0.000000     0.000020      0.000000      0.000020    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-4B (POOL 3088)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      195.83 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   172.33 
                                                                                
    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                                                     928,201.83 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                           939,984.87 
                                                                                
    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           11,783.04 
                                                                                
       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                                             0.100785722 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-2  (POOL  3094)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3094                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BF4  199,725,759.94     24,431,116.81      6.7491       682,533.38  
                                                                                
- --------------------------------------------------------------------------------
                 199,725,759.94     24,431,116.81                   682,533.38  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          135,564.13          0.00       818,097.51        0.00    23,748,583.43
                                                                                
          135,564.13          0.00       818,097.51        0.00    23,748,583.43
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      122.323314   0.003417     0.000679      0.000000      0.004096  118.905961
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    8,746.16 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,985.09 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,288.98 
    MASTER SERVICER ADVANCES THIS MONTH                                1,961.20 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    112,398.36 
      (B)  TWO MONTHLY PAYMENTS:                                1    136,600.94 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    372,358.29 
      (D)  LOANS IN FORECLOSURE                                 8  1,012,068.12 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  23,748,583.43 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        23,527,134.89 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 173      
                                                                                
    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             272,635.08 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      637,884.44 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   7,143.92 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           37,505.02 
                                                                                
       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                         7.4412% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500% 
                                                                                
    POOL TRADING FACTOR                                             0.118905961 

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

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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      8,794,570.49      7.8101        15,888.52  
                                                                                
- --------------------------------------------------------------------------------
                  60,404,491.94      8,794,570.49                    15,888.52  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,214.98          0.00        73,103.50        0.00     8,778,681.97
                                                                                
           57,214.98          0.00        73,103.50        0.00     8,778,681.97
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      145.594644   0.000263     0.000947      0.000000      0.001210  145.331608
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3A (POOL 3095)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,088.02 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,825.58 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                      790.62 
    MASTER SERVICER ADVANCES THIS MONTH                                  958.58 
                                                                                
                                                            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                                                   8,778,681.97 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         8,669,259.96 
                                                                                
    AGGREGATE NUMBER 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             123,755.23 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,649.44 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,239.08 
                                                                                
       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                         8.4901% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8127% 
                                                                                
    POOL TRADING FACTOR                                             0.145331608 

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

Run:        05/21/97     15:04:13                                    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     11,534,385.28      6.7318       132,673.99  
                                                                                
- --------------------------------------------------------------------------------
                  80,948,485.59     11,534,385.28                   132,673.99  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           64,510.33          0.00       197,184.32        0.00    11,401,711.29
                                                                                
           64,510.33          0.00       197,184.32        0.00    11,401,711.29
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      142.490439   0.001639     0.000797      0.000000      0.002436  140.851447
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    3,837.99 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,402.18 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,126.72 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     85,413.36 
      (B)  TWO MONTHLY PAYMENTS:                                3    234,399.41 
      (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                                                  11,401,711.29 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        11,418,592.32 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  88      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                      112,715.30 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,912.85 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           18,045.84 
                                                                                
       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                         7.3824% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7318% 
                                                                                
    POOL TRADING FACTOR                                             0.140851447 

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

Run:        05/21/97     15:04:13                                    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      9,608,282.69      6.8457       179,953.41  
                                                                                
- --------------------------------------------------------------------------------
                  42,805,537.40      9,608,282.69                   179,953.41  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           54,804.81          0.00       234,758.22        0.00     9,428,329.28
                                                                                
           54,804.81          0.00       234,758.22        0.00     9,428,329.28
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      224.463546   0.004204     0.001280      0.000000      0.005484  220.259570
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    3,867.28 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,975.55 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,347.90 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    390,913.32 
      (B)  TWO MONTHLY PAYMENTS:                                2    367,678.51 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1     97,202.78 
      (D)  LOANS IN FORECLOSURE                                 2    354,515.62 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,428,329.28 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         9,448,746.57 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  79      
                                                                                
    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                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,108.94 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             163,432.55 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           14,411.92 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,462.44         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5957% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8457% 
                                                                                
    POOL TRADING FACTOR                                             0.220259570 

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

Run:        05/21/97     15:04:13                                    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      9,896,223.18      6.6902       143,441.41  
                                                                                
- --------------------------------------------------------------------------------
                  55,464,913.85      9,896,223.18                   143,441.41  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           54,625.28          0.00       198,066.69        0.00     9,752,781.77
                                                                                
           54,625.28          0.00       198,066.69        0.00     9,752,781.77
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      178.423124   0.002586     0.000985      0.000000      0.003571  175.836959
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1B (POOL 2001)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,005.12 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,007.44 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,059.00 
    MASTER SERVICER ADVANCES THIS MONTH                                1,344.67 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 5    836,053.28 
      (B)  TWO MONTHLY PAYMENTS:                                2    359,959.27 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4    323,655.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,752,781.77 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         9,589,146.45 
                                                                                
    AGGREGATE NUMBER 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             185,612.48 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      127,346.54 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,029.60 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           15,065.27 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,462.44         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       972,601.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3116% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5616% 
                                                                                
    POOL TRADING FACTOR                                             0.175836959 

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

DISTRIBUTION DATE:           05/27/97
MONTHLY Cutoff:                Apr-97
DETERMINATION DATE:          05/20/97
RUN TIME/DATE:               05/14/97       11:04 AM

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       78,656.70

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                18,467.74
Total Principal Prepayments                 1,765.23
Principal Payoffs-In-Full                       0.00
Principal Curtailments                      1,765.23
Principal Liquidations                          0.00
Scheduled Principal Due                    16,702.51

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 60,188.96
Prepayment Interest Shortfall                   5.28
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    10,504,930.42
Curr Period ENDING Princ Balance       10,486,462.68
Change in Principal Balance                18,467.74

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.122270
Interest Distributed                        0.398494
Total Distribution                          0.520763
Total Principal Prepayments                 0.011687
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                69.550112
ENDING Principal Balance                   69.427842

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               6.876113%
Subordinated Unpaid Amounts
Period Ending Class Percentages            52.175880%
Prepayment Percentages                    100.000000%
Trading Factors                             6.942784%
Certificate Denominations                      1,000
Sub-Servicer Fees                           3,856.21
Master Servicer Fees                        1,084.43
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       64,410.80       61.46     143,128.96

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                14,043.54                  32,511.28
Total Principal Prepayments                     0.00                   1,765.23
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                   1,765.23
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    15,030.42                  31,732.93

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 50,367.26       61.46     110,617.68
Prepayment Interest Shortfall                   4.82        0.01          10.11
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     9,627,139.86              20,132,070.28
Curr Period ENDING Princ Balance        9,611,833.00              20,098,295.68
Change in Principal Balance                15,306.86                  33,774.60

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     290.871066
Interest Distributed                    1,043.211227
Total Distribution                      1,334.082292
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               797.592752
ENDING Principal Balance                  796.324604

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                         2,521.29
Passthru Rate                               6.866113%   0.010000%
Subordinated Unpaid Amounts             1,176,506.30    1,033.45     979,036.47
Period Ending Class Percentages            47.824120%
Prepayment Percentages                      0.000000%
Trading Factors                            79.632460%                 12.321820%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,534.58                   7,390.79
Master Servicer Fees                          993.99                   2,078.42
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            1,102,149.80           6
Loans Delinquent TWO Payments             364,730.02           1
Loans Delinquent THREE + Payments         836,802.82           5
Total Unpaid Princ on Delinquent Loans  2,303,682.64          12
Loans in Foreclosure, INCL in Delinq      652,619.23           4
REO/Pending Cash Liquidations             184,183.59           1
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           6.6119%

Loans in Pool                                    135
Current Period Sub-Servicer Fee             7,390.79
Current Period Master Servicer Fee          2,078.42

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

SEC REPORT
DISTRIBUTION DATE:           05/27/97
MONTHLY Cutoff:                Apr-97
DETERMINATION DATE:          05/20/97
RUN TIME/DATE:               05/14/97       10:45 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                             CLASS A
CUSIP Number                          760920BM9
Tot Prin & Int Distributed                637,383.76

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               519,034.58
Total Principal Prepayments               488,076.50
Principal Payoffs-In-Full                 475,227.99
Principal Curtailments                     12,848.51
Principal Liquidations                          0.00
Scheduled Principal Due                    30,958.08

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                118,349.18
Prepayment Interest Shortfall               1,139.99
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      18,215,714.27
Current Period ENDING Prin Bal         17,696,679.69
Change in Principal Balance               519,034.58

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       3.875803
Interest Distributed                        0.883752
Total Distribution                          4.759555
Total Principal Prepayments                 3.644628
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               136.022752
ENDING Principal Balance                  132.146950

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.871610%
Subordinated Unpaid Amounts
Period Ending Class Percentages            60.117439%
Prepayment Percentages                    100.000000%
Trading Factors                            13.214695%
Certificate Denominations                      1,000
Sub-Servicer Fees                           5,581.28
Master Servicer Fees                        1,860.43
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 95,527.16       90.72     733,001.64

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                19,731.09                 538,765.67
Total Principal Prepayments                     0.00                 488,076.50
Principal Payoffs-In-Full                       0.00                 475,227.99
Principal Curtailments                          0.00                  12,848.51
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    19,986.69                  50,944.77

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 75,796.07       90.72     194,235.97
Prepayment Interest Shortfall                 735.05        0.93       1,875.97
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      11,760,155.93              29,975,870.20
Current Period ENDING Prin Bal         11,740,169.24              29,436,848.93
Change in Principal Balance                19,986.69                 539,021.27

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     346.859535
Interest Distributed                    1,332.444866
Total Distribution                      1,679.304400
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               826.943106
ENDING Principal Balance                  825.537695

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.861610%   0.010000%
Subordinated Unpaid Amounts             1,913,927.20    1,552.49   1,915,479.69
Period Ending Class Percentages            39.882561%
Prepayment Percentages                      0.000000%
Trading Factors                            82.553769%                 19.871246%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,702.68                   9,283.96
Master Servicer Fees                        1,234.23                   3,094.66
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                                    144
Current Period Sub-Servicer Fee             9,283.96
Current Period Master Servicer Fee          3,094.66

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              352,852.38           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         644,520.35           3
Tot Unpaid Prin on Delinquent Loans       997,372.73           5
Loans in Foreclosure, INCL in Delinq      358,911.23           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            3.1570%
Aggregate REO Losses                   (1,861,130.82)
 ................................................................................

Run:        05/21/97     15:04:13                                    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      8,900,463.47      6.7500        14,526.54  
                                                                                
- --------------------------------------------------------------------------------
                  69,922,443.97      8,900,463.47                    14,526.54  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           50,060.56          0.00        64,587.10        0.00     8,885,936.93
                                                                                
           50,060.56          0.00        64,587.10        0.00     8,885,936.93
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      127.290509   0.000208     0.000716      0.000000      0.000924  127.082757
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    3,295.09 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,858.81 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,739.51 
    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    154,675.26 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    487,609.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,885,936.93 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         8,906,206.99 
                                                                                
    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                     808.75 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,717.79 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4443% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500% 
                                                                                
    POOL TRADING FACTOR                                             0.127082757 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4B  (POOL  3099)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3099                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BV9   74,994,327.48      8,295,021.72      6.7541        14,083.54  
                                                                                
- --------------------------------------------------------------------------------
                  74,994,327.48      8,295,021.72                    14,083.54  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           46,680.87          0.00        60,764.41        0.00     8,280,938.18
                                                                                
           46,680.87          0.00        60,764.41        0.00     8,280,938.18
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.608655   0.000188     0.000622      0.000000      0.000810  110.420861
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    3,090.81 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,711.97 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,386.71 
    MASTER SERVICER ADVANCES THIS MONTH                                  769.63 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    714,087.89 
      (B)  TWO MONTHLY PAYMENTS:                                2    339,074.25 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1     85,954.99 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,280,938.18 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         8,187,953.67 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  56      
                                                                                
    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             104,729.14 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,238.29 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,845.25 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4519% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7500% 
                                                                                
    POOL TRADING FACTOR                                             0.110420861 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4C  (POOL  3100)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3100                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BT4   37,402,303.81      5,681,826.78      7.6343        10,011.29  
                                                                                
- --------------------------------------------------------------------------------
                  37,402,303.81      5,681,826.78                    10,011.29  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           36,133.52          0.00        46,144.81        0.00     5,671,815.49
                                                                                
           36,133.52          0.00        46,144.81        0.00     5,671,815.49
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      151.911145   0.000268     0.000966      0.000000      0.001234  151.643480
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,668.32 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,193.78 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,219.59 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    276,592.82 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    444,348.54 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,671,815.49 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         5,682,246.66 
                                                                                
    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                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,167.15 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,844.14 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4043% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7182% 
                                                                                
    POOL TRADING FACTOR                                             0.151643479 

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

Run:        05/21/97     15:04:13                                    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      2,981,962.29      7.8127         7,062.34  
                                                                                
- --------------------------------------------------------------------------------
                  22,040,775.69      2,981,962.29                     7,062.34  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,396.46          0.00        26,458.80        0.00     2,974,899.95
                                                                                
           19,396.46          0.00        26,458.80        0.00     2,974,899.95
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      135.292983   0.000320     0.000880      0.000000      0.001200  134.972561
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,067.93 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   638.59 
                                                                                
    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                                                   2,974,899.95 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         2,978,897.97 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  20      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                   2,743.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,319.34 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4923% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8126% 
                                                                                
    POOL TRADING FACTOR                                             0.134972561 

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

Run:        05/21/97     15:04:13                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4E  (POOL  3102)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3102                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BR8   20,728,527.60      2,109,955.20      7.6612         2,877.92  
                                                                                
- --------------------------------------------------------------------------------
                  20,728,527.60      2,109,955.20                     2,877.92  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           13,470.66          0.00        16,348.58        0.00     2,107,077.28
                                                                                
           13,470.66          0.00        16,348.58        0.00     2,107,077.28
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      101.789922   0.000139     0.000650      0.000000      0.000789  101.651083
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1989-4E (POOL 3102)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      769.09 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   439.57 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,107,077.28 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         2,109,858.51 
                                                                                
    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            2,877.92 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       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                                             0.101651083 

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

SEC REPORT
DISTRIBUTION DATE:          05/27/97
MONTHLY Cutoff:               Apr-97
DETERMINATION DATE:         05/20/97
RUN TIME/DATE:              05/14/97       12:00 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A-1    CLASS A-2
CUSIP Number                         760920BZ0      760920CA4
Tot Principal and Interest Distr         453,106.71     3,740.01

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              376,426.21        51.93
Total Principal Prepayments              367,386.92        50.68
Principal Payoffs-In-Full                221,861.86        30.62
Principal Curtailments                     1,442.17         0.20
Principal Liquidations                   144,082.89        19.86
Scheduled Principal Due                    9,039.29         1.25

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                76,680.50     3,688.08
Prepayment Interest Shortfall                872.60        41.97
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     11,817,614.63     1,633.01
Current Period ENDING Prin Bal        11,441,188.42     1,581.08
Change in Principal Balance              376,426.21        51.93
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      4.862865     5.193000
Interest Distributed                       0.990598   368.808000
Total Distribution                         4.746091     5.068000
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                 147.803090   158.108000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                7.8750%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             65.5697%      0.0091%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             14.7803%     15.8108%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          5,160.85         0.71
Master Servicer Fees                       1,132.59         0.16
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          60,950.93        17.29     517,814.94

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               21,468.70         5.69     397,952.53
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                39,482.23        11.60     119,862.41
Prepayment Interest Shortfall
Unpaid Interest Shortfall Paid
Remaining Unpaid Interest Shortfall
Current Period Interest Shortfall

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         7,423,674.24         0.00  84,841,991.29
Current Period BEGINNING Prin Bal      6,084,802.96       154.75  17,904,205.35
Current Period ENDING Prin Bal         6,005,961.44       152.78  17,448,883.72
Change in Principal Balance               78,841.52         1.97     455,321.63
PER CERTIFICATE DATA BY CLASS
Principal Distributed                    722.980943
Interest Distributed                   1,329.605419
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 809.028150

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                7.8750%      7.8750%
Subordinated Unpaid Amounts            2,019,957.37       572.97
Period Ending Class Percentages             34.4203%      0.0009%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             80.9028%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,657.28                    7,818.84
Master Servicer Fees                         583.16                    1,715.91
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         (7,492.88)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment             276,111.02            1
Loans Delinquent TWO Payments                  0.00            0
Loans Delinquent THREE + Payments      2,016,297.83            9
Tot Unpaid Principal on Delinq Loans   2,292,408.85           10
Loans in Foreclosure (incl in delinq)    996,094.00            4
REO/Pending Cash Liquidations          1,020,203.83            5
6 Mo Avg Delinquencies 2+ Payments          15.0145%
Loans in Pool                                    93
Current Period Sub-Servicer Fee            7,818.91
Current Period Master Servicer Fee         1,715.93
Aggregate REO Losses                  (1,782,965.83)
 ................................................................................

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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     18,506,777.42      7.6152       270,261.09  
                                                                                
- --------------------------------------------------------------------------------
                  87,338,199.16     18,506,777.42                   270,261.09  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          116,400.04          0.00       386,661.13        0.00    18,236,516.33
                                                                                
          116,400.04          0.00       386,661.13        0.00    18,236,516.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      211.897859   0.003094     0.001333      0.000000      0.004427  208.803439
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1989-5A (POOL 3105)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    6,272.93 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,658.81 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   13,899.73 
    MASTER SERVICER ADVANCES THIS MONTH                                4,570.08 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 5  1,096,015.16 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4    783,072.88 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  18,236,516.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        17,684,799.19 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  89      
                                                                                
    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             586,427.55 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      238,028.06 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   7,405.51 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           24,827.52 
                                                                                
       MORTGAGE POOL INSURANCE                             8,670,539.71         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4563% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6530% 
                                                                                
    POOL TRADING FACTOR                                             0.208803439 

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

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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     11,158,091.96      8.2500       479,538.14  
                                                                                
- --------------------------------------------------------------------------------
                  62,922,765.27     11,158,091.96                   479,538.14  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           75,017.95          0.00       554,556.09        0.00    10,678,553.82
                                                                                
           75,017.95          0.00       554,556.09        0.00    10,678,553.82
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      177.329968   0.007621     0.001192      0.000000      0.008813  169.708909
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1989-5B (POOL 3106)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,269.53 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,291.74 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   15,540.17 
    MASTER SERVICER ADVANCES THIS MONTH                                4,181.79 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7  1,147,619.05 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    304,283.25 
      (D)  LOANS IN FORECLOSURE                                 4    585,612.98 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,678,553.82 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        10,177,376.34 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  67      
                                                                                
    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             519,084.69 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      464,705.65 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,157.08 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,675.41 
                                                                                
       MORTGAGE POOL INSURANCE                             8,670,539.71         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1239% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.169708909 

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

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                    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      3,137,823.08     10.0000         2,935.51  
                                                                                
- --------------------------------------------------------------------------------
                 120,931,254.07      3,137,823.08                     2,935.51  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           26,146.12          0.00        29,081.63        0.00     3,134,887.57
                                                                                
           26,146.12          0.00        29,081.63        0.00     3,134,887.57
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       25.947164   0.000024     0.000216      0.000000      0.000240   25.922890
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1989-7 (POOL 3108)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,145.94 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,236.11 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,805.03 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    147,276.30 
      (B)  TWO MONTHLY PAYMENTS:                                1    227,064.03 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,134,887.57 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         3,137,477.28 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     288.48 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,647.03 
                                                                                
       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                        11.6755% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.025922890 

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


Run:        05/27/97     11:57:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     6,429,617.42     9.000000  %    983,293.32
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         7,181.74  1237.750000  %        800.87
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           360.19     0.497155  %         40.17
B                  17,727,586.62     5,952,697.82    10.000000  %        210.80
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                  262,737,586.62    14,777,857.17                    984,345.16
===============================================================================
_______________________________________________________________________________
                                                                      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        47,017.99  1,030,311.31             0.00         0.00   5,446,324.10
A-5        17,462.78     17,462.78             0.00         0.00   2,388,000.00
A-6         7,222.70      8,023.57             0.00         0.00       6,380.87
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        5,969.52      6,009.69             0.00         0.00         320.02
B          48,367.30     48,578.10             0.00   110,019.51   5,842,470.43
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          126,040.29  1,110,385.45             0.00   110,019.51  13,683,495.42
===============================================================================
_______________________________________________________________________________



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    330.843749  50.596548     2.419368    53.015916   0.000000    280.247201
A-5   1000.000000   0.000000     7.312722     7.312722   0.000000   1000.000000
A-6     71.817400   8.008700    72.227000    80.235700   0.000000     63.809000
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    36.019000   4.017000   596.952000   600.969000   0.000000     32.002000
B   83,946.816160   2.972768   682.090871   685.063639   0.000000 82,392.354850

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:09                                        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                        4,041.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,388.76

SUBSERVICER ADVANCES THIS MONTH                                       42,512.43
MASTER SERVICER ADVANCES THIS MONTH                                   12,124.50


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,091,212.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

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


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                      3,190,827.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      13,683,495.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           53

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               1,260,254.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      820,716.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          59.71880260 %    40.28119740 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             57.30279250 %    42.69720750 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5164 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.02640906
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              262.39

POOL TRADING FACTOR:                                                 5.20804640

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

Run:        05/21/97     15:04:13                                    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      4,051,160.19     10.5000         3,425.29  
                                                                                
- --------------------------------------------------------------------------------
                 193,971,603.35      4,051,160.19                     3,425.29  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           35,447.65          0.00        38,872.94        0.00     4,047,734.90
                                                                                
           35,447.65          0.00        38,872.94        0.00     4,047,734.90
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       20.885326   0.000018     0.000183      0.000000      0.000200   20.867667
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,234.66 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,699.42 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,489.13 
    MASTER SERVICER ADVANCES THIS MONTH                                5,830.53 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    251,348.80 
      (B)  TWO MONTHLY PAYMENTS:                                1    427,377.90 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    167,148.29 
      (D)  LOANS IN FORECLOSURE                                 5  1,197,689.17 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,047,734.90 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         3,477,179.29 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  13      
                                                                                
    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             585,206.46 
                                                                                
    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            3,425.29 
                                                                                
       MORTGAGE POOL INSURANCE                             1,385,534.21         
       SPECIAL HAZARD LOSS COVERAGE                          856,064.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                              366,957.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.4827% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.020867667 

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

Run:        05/21/97     15:04:13                                    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      9,461,445.70      7.2856        13,326.13  
                                                                                
- --------------------------------------------------------------------------------
                  46,306,707.62      9,461,445.70                    13,326.13  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,441.42          0.00        70,767.55        0.00     9,448,119.57
                                                                                
           57,441.42          0.00        70,767.55        0.00     9,448,119.57
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      204.321278   0.000288     0.001240      0.000000      0.001528  204.033499
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    3,620.22 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,018.58 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,195.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    409,701.39 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,448,119.57 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         9,460,258.18 
                                                                                
    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                     357.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,968.34 
                                                                                
       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                         8.1361% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.2900% 
                                                                                
    POOL TRADING FACTOR                                             0.204033499 

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

Run:        05/21/97     15:04:13                                    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      2,995,910.95      7.7305         7,291.27  
                                                                                
- --------------------------------------------------------------------------------
                  19,212,019.52      2,995,910.95                     7,291.27  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,278.35          0.00        26,569.62        0.00     2,988,619.68
                                                                                
           19,278.35          0.00        26,569.62        0.00     2,988,619.68
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      155.939408   0.000380     0.001003      0.000000      0.001383  155.559892
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                      997.24 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   957.78 
                                                                                
    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                                                   2,988,619.68 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         2,992,470.91 
                                                                                
    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                   3,346.93 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,944.34 
                                                                                
       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                         8.5050% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7305% 
                                                                                
    POOL TRADING FACTOR                                             0.155559892 

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

Run:        05/21/97     15:04:13                                    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      1,590,285.88      8.2500         2,148.14  
                                                                                
- --------------------------------------------------------------------------------
                  15,507,832.37      1,590,285.88                     2,148.14  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           10,931.05          0.00        13,079.19        0.00     1,588,137.74
                                                                                
           10,931.05          0.00        13,079.19        0.00     1,588,137.74
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.547270   0.000139     0.000705      0.000000      0.000843  102.408751
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                      627.33 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   496.96 
                                                                                
    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                                                   1,588,137.74 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         1,589,495.42 
                                                                                
    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                     314.92 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            1,833.22 
                                                                                
       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                         9.0984% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.102408751 

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

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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     10,160,662.54      9.7900       506,834.62  
                                                                                
- --------------------------------------------------------------------------------
                 199,971,518.09     10,160,662.54                   506,834.62  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           83,179.28          0.00       590,013.90        0.00     9,653,827.92
                                                                                
           83,179.28          0.00       590,013.90        0.00     9,653,827.92
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       50.810549   0.002535     0.000416      0.000000      0.002950   48.276015
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    2,321.84 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,863.76 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,361.48 
    MASTER SERVICER ADVANCES THIS MONTH                                2,173.67 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    404,741.69 
      (B)  TWO MONTHLY PAYMENTS:                                2    488,917.31 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    205,444.24 
      (D)  LOANS IN FORECLOSURE                                 2    459,385.69 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,653,827.92 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         9,438,753.62 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  38      
                                                                                
    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             227,459.22 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,434.75 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             496,234.35 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,165.52 
                                                                                
       LOC AMOUNT AVAILABLE                                3,302,994.26         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,080,672.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.7017% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.7728% 
                                                                                
    POOL TRADING FACTOR                                             0.048276015 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-6  (POOL  3127)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3127                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920DK1  100,033,801.56      4,272,471.19      9.5000       289,497.59  
S     760920DL9            0.00              0.00      0.8930             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 100,033,801.56      4,272,471.19                   289,497.59  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          33,815.59          0.00       323,313.18        0.00     3,982,973.60
S           3,178.67          0.00         3,178.67        0.00             0.00
                                                                                
           36,994.26          0.00       326,491.85        0.00     3,982,973.60
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      42.710275   0.002894     0.000338      0.000000      0.003232   39.816277
S       0.000000   0.000000     0.000032      0.000000      0.000032    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-6 (POOL 3127)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,090.58 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   424.27 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,929.57 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    471,672.16 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    358,414.35 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,982,973.60 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         3,988,480.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,019.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             284,919.93 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,558.66 
                                                                                
       LOC AMOUNT AVAILABLE                                5,513,667.33         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       722,237.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.8743% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.039816277 

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

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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      3,124,648.12     10.5000         2,785.84  
S     760920ED6            0.00              0.00      0.6543             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  95,187,660.42      3,124,648.12                     2,785.84  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          27,336.40          0.00        30,122.24        0.00     3,121,862.28
S           1,703.44          0.00         1,703.44        0.00             0.00
                                                                                
           29,039.84          0.00        31,825.68        0.00     3,121,862.28
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      32.826189   0.000029     0.000287      0.000000      0.000316   32.796922
S       0.000000   0.000000     0.000018      0.000000      0.000018    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,073.35 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   296.42 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                3,187.10 
                                                                                
                                                            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                                                   3,121,862.28 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         2,801,549.04 
                                                                                
    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             322,362.78 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     506.27 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,279.57 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       1,734,505.65         
       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                        11.7568% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.032796922 

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


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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     1,658,138.61     9.500000  %      1,477.78
I     760920FV5        10,000.00           600.10     0.500000  %          0.53
B                  11,825,033.00     4,942,239.53     9.500000  %      4,404.66
S     760920FW3             0.00             0.00     0.135453  %          0.00

- -------------------------------------------------------------------------------
                  110,000,309.00     6,600,978.24                      5,882.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          13,126.93     14,604.71             0.00         0.00   1,656,660.83
I           2,750.41      2,750.94             0.00         0.00         599.57
B          39,126.06     43,530.72             0.00         0.00   4,937,834.87
S             749.85        749.85             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           55,753.25     61,636.22             0.00         0.00   6,595,095.27
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       16.891295   0.015054     0.133723     0.148777   0.000000     16.876241
I       60.010000   0.053000   275.041000   275.094000   0.000000     59.957000
B      417.947208   0.372486     3.308748     3.681234   0.000000    417.574722

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

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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                        1,940.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       687.58

SUBSERVICER ADVANCES THIS MONTH                                        2,414.41
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     258,744.79


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       6,595,095.27

AGGREGATE NUMBER OF 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

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          25.12868020 %    74.87131980 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             25.12868020 %    74.87131980 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1355 %

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                         10.61325963
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              279.29

POOL TRADING FACTOR:                                                 5.99552431


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

Run:        05/21/97     15:04:13                                    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     22,257,651.05      7.3460       214,166.70  
                                                                                
- --------------------------------------------------------------------------------
                 190,576,742.37     22,257,651.05                   214,166.70  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          136,235.64          0.00       350,402.34        0.00    22,043,484.35
                                                                                
          136,235.64          0.00       350,402.34        0.00    22,043,484.35
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      116.791014   0.001124     0.000715      0.000000      0.001839  115.667232
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    7,563.08 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,825.21 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,795.25 
    MASTER SERVICER ADVANCES THIS MONTH                                2,428.72 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    809,733.17 
      (B)  TWO MONTHLY PAYMENTS:                                1    295,024.31 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    188,193.23 
      (D)  LOANS IN FORECLOSURE                                 1    206,739.43 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  22,043,484.35 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        21,789,353.39 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  88      
                                                                                
    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             285,690.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,165.86 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             179,112.08 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           31,888.76 
                                                                                
       LOC AMOUNT AVAILABLE                                2,878,276.29         
       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                         8.0635% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3235% 
                                                                                
    POOL TRADING FACTOR                                             0.115667232 

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

Run:        05/21/97     15:04:13                                    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     29,696,361.04      6.6265       812,712.96  
                                                                                
- --------------------------------------------------------------------------------
                 139,233,192.04     29,696,361.04                   812,712.96  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          163,094.36          0.00       975,807.32        0.00    28,883,648.08
                                                                                
          163,094.36          0.00       975,807.32        0.00    28,883,648.08
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      213.285070   0.005837     0.001171      0.000000      0.007008  207.448006
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    9,582.87 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 8,937.94 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   21,256.77 
    MASTER SERVICER ADVANCES THIS MONTH                                3,303.90 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 5    973,719.53 
      (B)  TWO MONTHLY PAYMENTS:                                2    393,978.38 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 7  1,901,393.20 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  28,883,648.08 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        28,451,811.80 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 110      
                                                                                
    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             484,806.24 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      221,754.15 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,324.24 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             547,444.55 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           38,190.02 
                                                                                
       LOC AMOUNT AVAILABLE                                2,684,645.51         
       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                         7.4114% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6250% 
                                                                                
    POOL TRADING FACTOR                                             0.207448006 

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

Run:        05/21/97     15:04:13                                    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     37,840,962.08      5.8967       677,806.78  
S     760920JG4            0.00              0.00      0.5500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 180,816,953.83     37,840,962.08                   677,806.78  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         185,180.53          0.00       862,987.31        0.00    37,163,155.30
S          17,272.25          0.00        17,272.25        0.00             0.00
                                                                                
          202,452.78          0.00       880,259.56        0.00    37,163,155.30
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     209.277732   0.003749     0.001024      0.000000      0.004773  205.529153
S       0.000000   0.000000     0.000096      0.000000      0.000096    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                   12,592.75 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                10,099.13 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,188.97 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    707,597.23 
      (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                                                  37,163,155.30 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        37,218,626.16 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 147      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                      606,645.19 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   8,874.05 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           62,287.54 
                                                                                
       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                         7.1679% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               5.8973% 
                                                                                
    POOL TRADING FACTOR                                             0.205529153 

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


Run:        05/27/97     11:57:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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       929,713.41    10.000000  %        712.23
A-3   760920KA5    62,000,000.00     1,144,512.56    10.000000  %        876.77
A-4   760920KB3        10,000.00           174.67     0.692400  %          0.13
B                  10,439,807.67     1,764,135.07    10.000000  %      1,338.60
R                           0.00             9.92    10.000000  %          0.01

- -------------------------------------------------------------------------------
                  122,813,807.67     3,838,545.63                      2,927.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2         7,747.58      8,459.81             0.00         0.00     929,001.18
A-3         9,537.56     10,414.33             0.00         0.00   1,143,635.79
A-4         2,214.83      2,214.96             0.00         0.00         174.54
B          14,701.21     16,039.81             0.00         0.00   1,762,796.47
R               1.54          1.55             0.00         0.00           9.91

- -------------------------------------------------------------------------------
           34,202.72     37,130.46             0.00         0.00   3,835,617.89
===============================================================================
_______________________________________________________________________________



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    106.447608   0.081547     0.887060     0.968607   0.000000    106.366061
A-3     18.459880   0.014141     0.153832     0.167973   0.000000     18.445739
A-4     17.467000   0.013000   221.483000   221.496000   0.000000     17.454000
B      168.981568   0.128222     1.408187     1.536409   0.000000    168.853347

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:10                                        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                        1,477.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       399.98

SUBSERVICER ADVANCES THIS MONTH                                        4,668.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     251,697.85

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        232,410.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       3,835,617.89

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                           15.10

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          54.04157620 %    45.95842380 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             54.04139510 %    45.95860490 %

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                         11.27919627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                 3.12311617


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


Run:        05/27/97     11:57:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    11,450,486.11     7.064577  %    277,319.14
R     760920KT4           100.00             0.00     7.064577  %          0.00
B                  10,120,256.77     6,902,860.21     7.064577  %     10,605.32

- -------------------------------------------------------------------------------
                  155,696,256.77    18,353,346.32                    287,924.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          67,293.47    344,612.61             0.00         0.00  11,173,166.97
R               0.00          0.00             0.00         0.00           0.00
B          40,567.49     51,172.81             0.00         0.00   6,892,254.89

- -------------------------------------------------------------------------------
          107,860.96    395,785.42             0.00         0.00  18,065,421.86
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       78.656468   1.904980     0.462257     2.367237   0.000000     76.751488
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      682.083505   1.047930     4.008544     5.056474   0.000000    681.035575

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:07                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R13 (POOL # 2015)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 2015 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,182.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,992.62

SPREAD                                                                 3,434.96

SUBSERVICER ADVANCES THIS MONTH                                        4,190.59
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                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        575,270.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,065,421.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           72

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      259,727.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          62.38909190 %    37.61090810 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             61.84835900 %    38.15164100 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82588566
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              261.20

POOL TRADING FACTOR:                                                11.60299049


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


Run:        05/27/97     11:57:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,255,581.15     6.166010  %    315,463.10
R     760920KR8           100.00             0.00     6.166010  %          0.00
B                   9,358,525.99     8,148,212.09     6.166010  %     16,344.99

- -------------------------------------------------------------------------------
                  120,755,165.99    27,403,793.24                    331,808.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          98,140.73    413,603.83             0.00         0.00  18,940,118.05
R               0.00          0.00             0.00         0.00           0.00
B          41,529.34     57,874.33             0.00         0.00   8,131,867.10

- -------------------------------------------------------------------------------
          139,670.07    471,478.16             0.00         0.00  27,071,985.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      172.856187   2.831893     0.881003     3.712896   0.000000    170.024294
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      870.672593   1.746535     4.437594     6.184129   0.000000    868.926058

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:07                                        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                        9,083.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,838.16

SPREAD                                                                 5,096.26

SUBSERVICER ADVANCES THIS MONTH                                        7,073.48
MASTER SERVICER ADVANCES THIS MONTH                                    1,917.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     431,780.09

 (B)  TWO MONTHLY PAYMENTS:                                    1     555,518.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      27,071,985.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          113

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                 266,222.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      276,837.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          70.26611600 %    29.73388400 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.96205840 %    30.03794160 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.92148389
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              242.52

POOL TRADING FACTOR:                                                22.41890434


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


Run:        05/27/97     11:57:11                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     6,775,523.35     9.000000  %    201,745.38
S     760920LY2        10,000.00           959.53     0.699613  %         28.57
R                           0.00             0.00     9.000000  %          0.00

- -------------------------------------------------------------------------------
                   70,625,405.90     6,776,482.88                    201,773.95
===============================================================================
_______________________________________________________________________________
                                                                      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        49,855.14    251,600.52             0.00         0.00   6,573,777.97
S           3,876.02      3,904.59             0.00         0.00         930.96
R               7.06          7.06             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           53,738.22    255,512.17             0.00         0.00   6,574,708.93
===============================================================================
_______________________________________________________________________________



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    159.916079   4.761600     1.176682     5.938282   0.000000    155.154479
S       95.953000   2.857000   387.602000   390.459000   0.000000     93.096000

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

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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                        1,515.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       692.35

SUBSERVICER ADVANCES THIS MONTH                                        2,221.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     254,561.18

 (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                                                       6,574,708.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           23

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      196,152.00

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            100.00000030 %     0.00000000 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.7205 %

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                         10.11965423
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              287.38

POOL TRADING FACTOR:                                                 9.30926885


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

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                    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     27,779,187.62      6.6250     1,073,935.61  
S     760920ML9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 114,708,718.07     27,779,187.62                 1,073,935.61  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         151,530.69          0.00     1,225,466.30        0.00    26,705,252.01
S           5,718.14          0.00         5,718.14        0.00             0.00
                                                                                
          157,248.83          0.00     1,231,184.44        0.00    26,705,252.01
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     242.171546   0.009362     0.001321      0.000000      0.010683  232.809262
S       0.000000   0.000000     0.000050      0.000000      0.000050    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1991-21A (POOL 3152)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,728.05 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,824.88 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,876.22 
    MASTER SERVICER ADVANCES THIS MONTH                                1,436.84 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    431,389.46 
      (B)  TWO MONTHLY PAYMENTS:                                3    902,183.85 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    198,918.15 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  26,705,252.01 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        26,532,718.28 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  92      
                                                                                
    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             205,577.77 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      814,855.31 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,803.03 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             223,344.19 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           33,933.08 
                                                                                
       LOC AMOUNT AVAILABLE                               14,322,562.58         
       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                         7.3879% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6250% 
                                                                                
    POOL TRADING FACTOR                                             0.232809262 

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

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                    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     14,170,919.83      7.5961       629,193.69  
S     760920MN5            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,810,233.31     14,170,919.83                   629,193.69  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          87,468.01          0.00       716,661.70        0.00    13,541,726.14
S           2,878.71          0.00         2,878.71        0.00             0.00
                                                                                
           90,346.72          0.00       719,540.41        0.00    13,541,726.14
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     249.443085   0.011075     0.001540      0.000000      0.012615  238.367726
S       0.000000   0.000000     0.000051      0.000000      0.000051    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1991-21B (POOL 3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,883.98 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,719.95 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,370.62 
    MASTER SERVICER ADVANCES THIS MONTH                                1,267.37 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    296,913.16 
      (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                                                  13,541,726.14 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        13,388,341.60 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  57      
                                                                                
    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             167,032.19 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      611,368.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,730.53 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,095.16 
                                                                                
       LOC AMOUNT AVAILABLE                               14,322,562.58         
       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                         8.3891% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6453% 
                                                                                
    POOL TRADING FACTOR                                             0.238367726 

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

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                    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      5,189,608.47      8.2500         5,634.30  
S     760920MC9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  23,305,328.64      5,189,608.47                     5,634.30  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          35,676.45          0.00        41,310.75        0.00     5,183,974.17
S           1,081.11          0.00         1,081.11        0.00             0.00
                                                                                
           36,757.56          0.00        42,391.86        0.00     5,183,974.17
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     222.679051   0.000242     0.001531      0.000000      0.001773  222.437291
S       0.000000   0.000000     0.000046      0.000000      0.000046    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1991-21C (POOL 3154)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,824.71 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   510.03 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,895.99 
    MASTER SERVICER ADVANCES THIS MONTH                                2,540.44 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    141,026.66 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1     88,663.49 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,183,974.17 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         4,875,024.99 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  28      
                                                                                
    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             313,830.60 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     305.98 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,328.32 
                                                                                
       LOC AMOUNT AVAILABLE                               14,322,562.58         
       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                         9.0741% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.222437291 

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

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                    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     13,738,864.05      6.6250       344,584.72  
S     760920NX2            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,799,660.28     13,738,864.05                   344,584.72  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          75,844.89          0.00       420,429.61        0.00    13,394,279.33
S           3,148.28          0.00         3,148.28        0.00             0.00
                                                                                
           78,993.17          0.00       423,577.89        0.00    13,394,279.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     241.882856   0.006067     0.001335      0.000000      0.007402  235.816187
S       0.000000   0.000000     0.000055      0.000000      0.000055    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
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  1991-25A (POOL 3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,395.60 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,150.20 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,740.48 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    811,728.19 
      (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                                                  13,394,279.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        13,410,838.56 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  52      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                     922.10 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                  327,037.08 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,625.54 
                                                                                
       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                         7.3750% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6250% 
                                                                                
    POOL TRADING FACTOR                                             0.235816187 

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

Run:        05/21/97     15:04:13                                    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     20,436,237.83      7.6008        27,789.81  
S     760920NY0            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  79,584,135.22     20,436,237.83                    27,789.81  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         129,411.81          0.00       157,201.62        0.00    20,408,448.02
S           4,682.17          0.00         4,682.17        0.00             0.00
                                                                                
          134,093.98          0.00       161,883.79        0.00    20,408,448.02
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     256.787836   0.000349     0.001626      0.000000      0.001975  256.438648
S       0.000000   0.000000     0.000059      0.000000      0.000059    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    5,397.61 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,934.90 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   12,644.43 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4  1,363,763.24 
      (B)  TWO MONTHLY PAYMENTS:                                1    241,088.86 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  20,408,448.02 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        20,430,584.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  80      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                   4,918.69 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           22,871.12 
                                                                                
       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                         8.3839% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6216% 
                                                                                
    POOL TRADING FACTOR                                             0.256438648 

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


Run:        05/27/97     11:57:12                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-S30 (POOL # 4049)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4049 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920SC3    49,874,000.00             0.00     6.750000  %          0.00
A-2   760920SD1   129,239,000.00             0.00     7.450000  %          0.00
A-3   760920SE9    21,463,000.00             0.00     8.000000  %          0.00
A-4   760920SF6    78,616,000.00             0.00     8.400000  %          0.00
A-5   760920SG4    19,196,000.00             0.00     8.750000  %          0.00
A-6   760920RZ3    25,602,000.00    12,075,434.34     6.887500  %    562,392.43
A-7   760920SA7     5,940,500.00     2,683,980.13    18.504301  %    125,001.72
A-8   760920SL3    45,032,000.00     2,078,290.09     9.000000  %     93,251.27
A-9   760920SB5             0.00             0.00     0.096206  %          0.00
R-I   760920SJ8           500.00            23.07     9.000000  %          1.04
R-II  760920SK5       300,629.00       481,216.37     9.000000  %          0.00
M     760920SH2    10,142,260.00     7,719,336.77     9.000000  %     49,176.33
B                  20,284,521.53    15,205,674.54     9.000000  %     69,194.14

- -------------------------------------------------------------------------------
                  405,690,410.53    40,243,955.31                    899,016.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        68,342.73    630,735.16             0.00         0.00  11,513,041.91
A-7        40,811.26    165,812.98             0.00         0.00   2,558,978.41
A-8        15,370.10    108,621.37             0.00         0.00   1,985,038.82
A-9         3,181.48      3,181.48             0.00         0.00           0.00
R-I             0.17          1.21             0.00         0.00          22.03
R-II            0.00          0.00         3,558.86         0.00     484,775.23
M          57,088.74    106,265.07             0.00         0.00   7,670,160.44
B         112,454.30    181,648.44             0.00         0.00  15,108,806.22

- -------------------------------------------------------------------------------
          297,248.78  1,196,265.71         3,558.86         0.00  39,320,823.06
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      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    471.659805  21.966738     2.669429    24.636167   0.000000    449.693067
A-7    451.810476  21.042289     6.870004    27.912293   0.000000    430.768186
A-8     46.151405   2.070778     0.341315     2.412093   0.000000     44.080628
R-I     46.140000   2.080000     0.340000     2.420000   0.000000     44.060000
R-II  1600.698436   0.000000     0.000000     0.000000  11.838046   1612.536482
M      761.106180   4.848656     5.628799    10.477455   0.000000    756.257524
B      749.619581   3.411179     5.543849     8.955028   0.000000    744.844102

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:12                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-S30 (POOL # 4049)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4049 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,499.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,391.68

SUBSERVICER ADVANCES THIS MONTH                                       23,645.56
MASTER SERVICER ADVANCES THIS MONTH                                   17,268.25


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     404,654.53

 (B)  TWO MONTHLY PAYMENTS:                                    3     686,235.93

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     488,727.25


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,248,281.30

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,320,823.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          156

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               2,005,802.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      666,756.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         43.03489520 %    19.18135700 %   37.78374770 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            42.06894750 %    19.50661213 %   38.42444040 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.097595 %

      BANKRUPTCY AMOUNT AVAILABLE                         158,173.00
      FRAUD AMOUNT AVAILABLE                              576,443.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,780,938.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.58626876
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              279.47

POOL TRADING FACTOR:                                                 9.69232253



FIXED STRIP INTEREST ON CLASS A-7:                                          0.00
INVERSE LIBOR INTEREST ON CLASS A-7:                                   40,811.26
TOTAL INTEREST DISTRIBUTION TO CLASS A-7:                              40,811.26


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


Run:        05/27/97     11:57:13                                    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-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     7,730,526.62     6.737500  %     11,318.82
A-6   760920TY4     3,789,773.00     2,273,684.51    14.491500  %      3,329.07
A-7   760920UA4        10,000.00           659.79  7590.550000  %          0.97
A-8   760920TZ1             0.00             0.00     0.052476  %          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     3,057,040.62     9.000000  %      3,249.30
B                   8,174,757.92     5,217,558.78     9.000000  %      5,545.70

- -------------------------------------------------------------------------------
                  163,495,140.92    18,279,470.32                     23,443.86
===============================================================================
_______________________________________________________________________________
                                                                      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             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        43,394.21     54,713.03             0.00         0.00   7,719,207.80
A-6        27,451.58     30,780.65             0.00         0.00   2,270,355.44
A-7         4,172.56      4,173.53             0.00         0.00         658.82
A-8           799.19        799.19             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          22,922.79     26,172.09             0.00         0.00   3,053,791.32
B          39,123.15     44,668.85             0.00         0.00   5,212,013.08

- -------------------------------------------------------------------------------
          137,865.37    161,309.23             0.00         0.00  18,256,026.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    599.952692   0.878434     3.367749     4.246183   0.000000    599.074258
A-6    599.952691   0.878435     7.243595     8.122030   0.000000    599.074256
A-7     65.979000   0.097000   417.256000   417.353000   0.000000     65.882000
R-I      0.000000   0.000000    18.900000    18.900000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      830.902029   0.883158     6.230402     7.113560   0.000000    830.018871
B      638.252390   0.678393     4.785848     5.464241   0.000000    637.573997

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:13                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S1 (POOL # 4051)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4051 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,372.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,821.00

SUBSERVICER ADVANCES THIS MONTH                                       13,967.64
MASTER SERVICER ADVANCES THIS MONTH                                    9,183.17


                                                          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:                          2     479,844.42


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,169,709.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,256,026.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           67

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               1,086,409.33

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        4,014.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         54.73282730 %    16.72390200 %   28.54327120 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            54.72287240 %    16.72757939 %   28.54954820 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0525 %

      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                          9.47942072
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.10

POOL TRADING FACTOR:                                                11.16609727


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


Run:        05/27/97     11:57:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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        57,794.86     8.000000  %     57,794.86
A-9   760920TP3     6,191,000.00     6,191,000.00     8.000000  %    177,391.57
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     3,187,545.56     8.000000  %     27,603.56
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           589.01     8.000000  %          5.10
A-18  760920UR7             0.00             0.00     0.167393  %          0.00
R-I   760920TR9        38,000.00         4,911.82     8.000000  %          0.00
R-II  760920TS7       702,000.00     1,011,067.19     8.000000  %          0.00
M     760920TQ1    12,177,000.00    10,807,380.63     8.000000  %     10,586.60
B                  27,060,001.70    23,045,200.37     8.000000  %     22,574.40

- -------------------------------------------------------------------------------
                  541,188,443.70    63,416,931.44                    295,956.09
===============================================================================
_______________________________________________________________________________
                                                                      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             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           384.92     58,179.78             0.00         0.00           0.00
A-9        41,232.34    218,623.91             0.00         0.00   6,013,608.43
A-10      127,283.08    127,283.08             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       21,229.20     48,832.76             0.00         0.00   3,159,942.00
A-16       26,398.38     26,398.38             0.00         0.00           0.00
A-17            3.93          9.03             0.00         0.00         583.91
A-18        8,837.79      8,837.79             0.00         0.00           0.00
R-I             0.00          0.00            32.75         0.00       4,944.57
R-II            0.00          0.00         6,740.45         0.00   1,017,807.64
M          71,980.10     82,566.70             0.00         0.00  10,796,794.03
B         153,487.30    176,061.70             0.00         0.00  23,022,625.97

- -------------------------------------------------------------------------------
          450,837.04    746,793.13         6,773.20         0.00  63,127,748.55
===============================================================================

































Run:        05/27/97     11:57:14
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      3.181135   3.181135     0.021187     3.202322   0.000000      0.000000
A-9   1000.000000  28.653137     6.660045    35.313182   0.000000    971.346863
A-10  1000.000000   0.000000     6.660046     6.660046   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   181.120834   1.568473     1.206273     2.774746   0.000000    179.552361
A-17    58.901000   0.510000     0.393000     0.903000   0.000000     58.391000
R-I    129.258421   0.000000     0.000000     0.000000   0.861842    130.120263
R-II  1440.266652   0.000000     0.000000     0.000000   9.601781   1449.868433
M      887.524072   0.869393     5.911152     6.780545   0.000000    886.654679
B      851.633367   0.834234     5.672111     6.506345   0.000000    850.799132

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:14                                        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                       18,176.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,589.03

SUBSERVICER ADVANCES THIS MONTH                                        8,384.29
MASTER SERVICER ADVANCES THIS MONTH                                    5,244.49


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     394,667.49

 (B)  TWO MONTHLY PAYMENTS:                                    2     422,672.69

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        221,264.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,127,748.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          239

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                 633,779.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      227,061.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         46.61901760 %    17.04179100 %   36.33919180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            46.42701380 %    17.10308743 %   36.46989870 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1676 %
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                          9.14241788
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.12

POOL TRADING FACTOR:                                                11.66465199


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


Run:        05/27/97     11:57:15                                    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-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     6,936,861.97     8.080254  %     47,898.63
R                         100.00             0.00     8.080254  %          0.00
B                   5,302,117.23     4,065,799.72     8.080254  %     24,272.18

- -------------------------------------------------------------------------------
                  106,042,332.23    11,002,661.69                     72,170.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          46,681.68     94,580.31             0.00         0.00   6,888,963.34
R               0.00          0.00             0.00         0.00           0.00
B          27,360.84     51,633.02             0.00         0.00   4,041,527.54

- -------------------------------------------------------------------------------
           74,042.52    146,213.33             0.00         0.00  10,930,490.88
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       68.858984   0.475467     0.463387     0.938854   0.000000     68.383517
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      766.825693   4.577827     5.160362     9.738189   0.000000    762.247865

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S4 (POOL # 4054)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4054 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,766.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,172.39

SUBSERVICER ADVANCES THIS MONTH                                       10,271.55
MASTER SERVICER ADVANCES THIS MONTH                                    2,123.93


                                                          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                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        889,431.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      10,930,490.88

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

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                 172,863.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        6,486.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.04712590 %    36.95287410 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             63.02519640 %    36.97480360 %

      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                          8.62008919
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              111.52

POOL TRADING FACTOR:                                                10.30766737



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                 -0.0001


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


Run:        05/27/97     11:57:15                                    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-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     6,275,718.67     7.500000  %    265,830.33
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     0.426303  %          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     4,276,299.93     7.500000  %     23,961.09

- -------------------------------------------------------------------------------
                  116,500,312.92    10,552,018.60                    289,791.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        38,350.47    304,180.80             0.00         0.00   6,009,888.34
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        4,298.84      4,298.84             0.00         0.00           0.00
A-12        3,665.22      3,665.22             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          26,132.16     50,093.25             0.00         0.00   4,252,338.84

- -------------------------------------------------------------------------------
           72,446.69    362,238.11             0.00         0.00  10,262,227.18
===============================================================================
_______________________________________________________________________________



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    900.648489  38.150162     5.503799    43.653961   0.000000    862.498327
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      734.089308   4.113271     4.485967     8.599238   0.000000    729.976037

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:16                                        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                        2,929.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,078.38

SUBSERVICER ADVANCES THIS MONTH                                        1,047.27
MASTER SERVICER ADVANCES THIS MONTH                                    2,671.94


                                                          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                                                      10,262,227.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           55

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                 213,428.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      230,666.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          59.47410550 %    40.52589450 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             58.56319720 %    41.43680280 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4165 %

      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                          8.88971337
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              112.52

POOL TRADING FACTOR:                                                 8.80875503


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


Run:        05/27/97     11:57:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    29,260,897.07     5.609000  %  1,004,572.11
A-10  760920VS4    10,124,000.00     9,753,953.51    13.172813  %    334,868.39
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.142744  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     8,734,471.96     7.500000  %      8,230.48
B                  22,976,027.86    19,257,574.50     7.500000  %     17,993.16

- -------------------------------------------------------------------------------
                  459,500,240.86    67,006,897.04                  1,365,664.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             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       134,988.44  1,139,560.55             0.00         0.00  28,256,324.96
A-10      105,677.55    440,545.94             0.00         0.00   9,419,085.12
A-11       55,111.60     55,111.60             0.00         0.00           0.00
A-12        7,866.87      7,866.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          53,879.24     62,109.72             0.00         0.00   8,726,241.48
B         118,791.76    136,784.92             0.00         0.00  19,239,428.10

- -------------------------------------------------------------------------------
          476,315.46  1,841,979.60             0.00         0.00  65,641,079.66
===============================================================================
_______________________________________________________________________________



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    963.448588  33.076689     4.444649    37.521338   0.000000    930.371900
A-10   963.448589  33.076688    10.438319    43.515007   0.000000    930.371900
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      844.790794   0.796045     5.211155     6.007200   0.000000    843.994749
B      838.159434   0.783128     5.170248     5.953376   0.000000    837.369637

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4056 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,203.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,814.36

SUBSERVICER ADVANCES THIS MONTH                                       49,592.34
MASTER SERVICER ADVANCES THIS MONTH                                   12,014.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   4,059,996.11

 (B)  TWO MONTHLY PAYMENTS:                                    3     685,258.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,385,633.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      65,641,079.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          252

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               1,490,197.52

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,302,676.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         58.22512650 %    13.03518300 %   28.73969000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            57.39608530 %    13.29387256 %   29.31004210 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1399 %

      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                          9.15916409
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.60

POOL TRADING FACTOR:                                                14.28531997


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


Run:        05/27/97     11:57:17                                    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-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    27,219,807.91     8.500000  %  1,329,514.70
A-5   760920WY0    30,082,000.00     3,024,455.50     8.500000  %    147,725.44
A-6   760920WW4             0.00             0.00     0.126022  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,460,134.87     8.500000  %      6,574.29
B                  15,364,881.77    12,574,733.87     8.500000  %     12,796.93

- -------------------------------------------------------------------------------
                  323,459,981.77    49,279,132.15                  1,496,611.36
===============================================================================
_______________________________________________________________________________
                                                                      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       190,140.00  1,519,654.70             0.00         0.00  25,890,293.21
A-5        21,126.90    168,852.34             0.00         0.00   2,876,730.06
A-6         5,103.64      5,103.64             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,126.33     51,700.62             0.00         0.00   6,453,560.58
B          87,838.97    100,635.90             0.00         0.00  12,561,936.94

- -------------------------------------------------------------------------------
          349,335.84  1,845,947.20             0.00         0.00  47,782,520.79
===============================================================================
_______________________________________________________________________________



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    859.373868  41.974954     6.003031    47.977985   0.000000    817.398914
A-5    100.540373   4.910759     0.702310     5.613069   0.000000     95.629614
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      887.625016   0.903310     6.200375     7.103685   0.000000    886.721707
B      818.407460   0.832869     5.716866     6.549735   0.000000    817.574592

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:18                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S7 (POOL # 4057)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4057 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,014.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,084.50

SUBSERVICER ADVANCES THIS MONTH                                       32,213.91
MASTER SERVICER ADVANCES THIS MONTH                                    4,022.11


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     217,069.53

 (B)  TWO MONTHLY PAYMENTS:                                    1     328,053.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     916,604.22


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,518,169.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      47,782,520.79

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

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                 485,025.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,446,461.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         61.37336860 %    13.10927100 %   25.51736060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            60.20407210 %    13.50611159 %   26.28981630 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1248 %

      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                          9.07620719
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              287.21

POOL TRADING FACTOR:                                                14.77231295



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        05/27/97     11:57:18                                    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-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    23,692,739.66     7.749077  %    203,912.44
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.749077  %          0.00
B                   7,295,556.68     4,814,582.17     7.749077  %      4,995.97

- -------------------------------------------------------------------------------
                  108,082,314.68    28,507,321.83                    208,908.41
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         152,224.89    356,137.33             0.00         0.00  23,488,827.22
S           3,545.43      3,545.43             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          30,933.49     35,929.46             0.00         0.00   4,809,586.20

- -------------------------------------------------------------------------------
          186,703.81    395,612.22             0.00         0.00  28,298,413.42
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      235.078136   2.023209     1.510367     3.533576   0.000000    233.054927
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      659.933488   0.684796     4.240045     4.924841   0.000000    659.248692

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:18                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S8 (POOL # 4058)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4058 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,152.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,160.87

SUBSERVICER ADVANCES THIS MONTH                                        8,153.74
MASTER SERVICER ADVANCES THIS MONTH                                    2,594.31


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     527,073.13

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        533,478.11

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      28,298,413.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          118

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                 356,914.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      179,327.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.11106810 %    16.88893190 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.00404290 %    16.99595710 %

      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                          8.38359810
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.67

POOL TRADING FACTOR:                                                26.18227922



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1501

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        05/27/97     11:57:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    18,833,540.12     8.000000  %    550,074.66
A-6   760920WG9     5,000,000.00     7,460,915.81     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     2,921,607.87     8.000000  %     55,642.24
A-8   760920WJ3             0.00             0.00     0.181575  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,586,812.81     8.000000  %      5,100.62
B                  10,363,398.83     9,685,201.92     8.000000  %     10,770.11

- -------------------------------------------------------------------------------
                  218,151,398.83    43,488,078.53                    621,587.63
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-5       124,434.57    674,509.23             0.00         0.00  18,283,465.46
A-6             0.00          0.00        49,294.82         0.00   7,510,210.63
A-7        19,303.28     74,945.52             0.00         0.00   2,865,965.63
A-8         6,521.46      6,521.46             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,305.41     35,406.03             0.00         0.00   4,581,712.19
B          63,990.83     74,760.94             0.00         0.00   9,674,431.81

- -------------------------------------------------------------------------------
          244,555.55    866,143.18        49,294.82         0.00  42,915,785.72
===============================================================================
_______________________________________________________________________________



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      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    757.160723  22.114532     5.002616    27.117148   0.000000    735.046191
A-6   1492.183162   0.000000     0.000000     0.000000   9.858964   1502.042126
A-7    144.006697   2.742618     0.951463     3.694081   0.000000    141.264079
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      934.558437   1.039246     6.174696     7.213942   0.000000    933.519191
B      934.558447   1.039245     6.174695     7.213940   0.000000    933.519202

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:19                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4059 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,563.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,556.67

SUBSERVICER ADVANCES THIS MONTH                                       12,633.96
MASTER SERVICER ADVANCES THIS MONTH                                    1,632.95


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     691,346.90

 (B)  TWO MONTHLY PAYMENTS:                                    1     270,863.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        664,775.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      42,915,785.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          177

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                 207,977.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      523,933.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         67.18177670 %    10.54728800 %   22.27093550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            66.78111850 %    10.67605338 %   22.54282810 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1835 %

      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                          8.68847436
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              284.35

POOL TRADING FACTOR:                                                19.67247790



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        05/27/97     11:57:20                                    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-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     1,605,836.83     8.000000  %    327,707.27
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     0.159226  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,526,934.66     8.000000  %     58,075.29

- -------------------------------------------------------------------------------
                  139,954,768.28    18,632,771.49                    385,782.56
===============================================================================
_______________________________________________________________________________
                                                                      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        10,608.26    338,315.53             0.00         0.00   1,278,129.56
A-3        75,969.70     75,969.70             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         2,449.87      2,449.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          36,511.27     94,586.56             0.00         0.00   5,468,859.37

- -------------------------------------------------------------------------------
          125,539.10    511,321.66             0.00         0.00  18,246,988.93
===============================================================================
_______________________________________________________________________________



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     37.698355   7.693201     0.249038     7.942239   0.000000     30.005154
A-3   1000.000000   0.000000     6.606061     6.606061   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      752.202529   7.903907     4.969096    12.873003   0.000000    744.298621

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:20                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4060 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,404.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,399.34

SUBSERVICER ADVANCES THIS MONTH                                        7,469.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     187,110.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        438,895.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,246,988.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           87

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      271,136.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          70.33756000 %    29.66244000 %
CURRENT PREPAYMENT PERCENTAGE                91.12309420 %     8.87690580 %
PERCENTAGE FOR NEXT DISTRIBUTION             70.02870230 %    29.97129770 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1589 %

      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                          8.63487995
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              111.08

POOL TRADING FACTOR:                                                13.03777581



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


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


Run:        05/27/97     11:57:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    22,838,785.76     8.500000  %     94,827.28
A-10  760920XQ6     6,395,000.00     3,761,370.97     8.500000  %     15,617.32
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     0.174156  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,335,983.22     8.500000  %      6,363.12
B                  15,395,727.87    12,758,168.38     8.500000  %     12,154.04

- -------------------------------------------------------------------------------
                  324,107,827.87    45,694,308.33                    128,961.76
===============================================================================
_______________________________________________________________________________
                                                                      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       161,658.66    256,485.94             0.00         0.00  22,743,958.48
A-10       26,623.92     42,241.24             0.00         0.00   3,745,753.65
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        6,626.85      6,626.85             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          44,847.68     51,210.80             0.00         0.00   6,329,620.10
B          90,305.53    102,459.57             0.00       658.77  12,745,355.58

- -------------------------------------------------------------------------------
          330,062.64    459,024.40             0.00       658.77  45,564,687.81
===============================================================================










































Run:        05/27/97     11:57:20
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    588.173725   2.442114     4.163241     6.605355   0.000000    585.731612
A-10   588.173725   2.442114     4.163240     6.605354   0.000000    585.731611
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      868.895121   0.872617     6.150258     7.022875   0.000000    868.022504
B      828.682378   0.789442     5.865622     6.655064   0.000000    827.850147

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:21                                        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                       12,659.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,667.35

SUBSERVICER ADVANCES THIS MONTH                                       22,835.20
MASTER SERVICER ADVANCES THIS MONTH                                   12,108.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,836,073.09

 (B)  TWO MONTHLY PAYMENTS:                                    1     239,700.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        706,968.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,564,687.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          178

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               1,479,455.80

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       83,730.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         58.21328240 %    13.86602300 %   27.92069480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            58.13649430 %    13.89150328 %   27.97200240 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1737 %

      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                          9.14206895
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.64

POOL TRADING FACTOR:                                                14.05849655



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        05/27/97     11:57:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     8,509,655.39     7.907319  %    464,037.40
R     760920XF0           100.00             0.00     7.907319  %          0.00
B                   5,010,927.54     3,931,138.38     7.907319  %     74,837.25

- -------------------------------------------------------------------------------
                  105,493,196.54    12,440,793.77                    538,874.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          55,524.33    519,561.73             0.00         0.00   8,045,617.99
R               0.00          0.00             0.00         0.00           0.00
B          25,650.14    100,487.39             0.00    31,372.38   3,824,928.75


B RECOURSE OBLIGATION
                  31,372.38


- -------------------------------------------------------------------------------
           81,174.47    651,421.50             0.00    31,372.38  11,870,546.74
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       84.688214   4.618107     0.552579     5.170686   0.000000     80.070107
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      784.513116  14.934810     5.118841    20.053651   0.000000    763.317513
B RECOURSE OBLIGATION                          6.260793
_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S12 (POOL # 4062)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4062 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,001.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,267.10

SUBSERVICER ADVANCES THIS MONTH                                        1,853.62
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                                        163,902.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      11,870,546.74

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           59

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      234,127.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          68.40122540 %    31.59877460 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             67.77799010 %    32.22200990 %

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

LOSS AMOUNT COVERED BY LOSS OBLIGATION                                31,372.38
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31961501
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              114.44

POOL TRADING FACTOR:                                                11.25242872


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

Run:        05/21/97     15:04:13                                    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     26,833,169.40      8.3601        30,543.66  
                                                                                
- --------------------------------------------------------------------------------
                 149,986,318.83     26,833,169.40                    30,543.66  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          186,917.96          0.00       217,461.62        0.00    26,802,625.74
                                                                                
          186,917.96          0.00       217,461.62        0.00    26,802,625.74
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      178.904114   0.000204     0.001246      0.000000      0.001450  178.700471
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    7,781.13 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,048.41 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,352.32 
    MASTER SERVICER ADVANCES THIS MONTH                                1,704.80 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3  1,088,199.52 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  26,802,625.74 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                        26,621,027.76 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 111      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             214,842.61 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,270.16 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           27,273.50 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,168,929.39         
       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                         8.9373% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3598% 
                                                                                
    POOL TRADING FACTOR                                             0.178700470 

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


Run:        05/27/97     11:57:22                                    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    16,066,317.31     8.350000  %    368,301.68
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.350000  %          0.00
B                   6,546,994.01     3,296,767.17     8.350000  %      3,256.34

- -------------------------------------------------------------------------------
                   93,528,473.01    19,363,084.48                    371,558.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         111,296.39    479,598.07             0.00         0.00  15,698,015.63
S           2,409.60      2,409.60             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          22,837.73     26,094.07             0.00       481.38   3,293,029.45

- -------------------------------------------------------------------------------
          136,543.72    508,101.74             0.00       481.38  18,991,045.08
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      184.709848   4.234259     1.279543     5.513802   0.000000    180.475589
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      503.554328   0.497379     3.488277     3.985656   0.000000    502.983422

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:22                                        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                        6,896.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,275.35

SUBSERVICER ADVANCES THIS MONTH                                       18,942.35
MASTER SERVICER ADVANCES THIS MONTH                                    5,329.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     519,377.73

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,809,711.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,991,045.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           86

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                 642,423.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      350,086.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.97395660 %    17.02604340 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.66009360 %    17.33990640 %

      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                          9.08820395
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              267.87

POOL TRADING FACTOR:                                                20.30509477



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1500

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        05/27/97     11:57:23                                    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-S15 (POOL # 4064)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4064 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920YX0    13,793,900.00             0.00     8.000000  %          0.00
A-2   760920YY8     9,250,000.00             0.00     8.000000  %          0.00
A-3   760920YZ5    11,875,000.00             0.00     8.000000  %          0.00
A-4   760920ZA9     7,475,000.00             0.00     8.000000  %          0.00
A-5   760920ZE1    19,600,000.00     3,226,363.55     8.000000  %    214,779.00
A-6   760920ZF8     6,450,000.00     4,162,009.01     8.000000  %    277,064.91
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,613,181.79     8.000000  %    107,389.50
A-9   760920ZJ0     9,350,000.00       193,581.82     8.000000  %     12,886.74
A-10  760920ZC5    60,000,000.00     4,403,308.85     8.000000  %    293,128.24
A-11  760920ZD3    15,000,000.00     1,100,827.18     8.000000  %     73,282.06
A-12  760920ZB7             0.00             0.00     0.243540  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,371,839.27     8.000000  %     37,424.44

- -------------------------------------------------------------------------------
                  208,639,599.90    21,071,111.47                  1,015,954.89
===============================================================================
_______________________________________________________________________________
                                                                      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        21,013.87    235,792.87             0.00         0.00   3,011,584.55
A-6        27,107.90    304,172.81             0.00         0.00   3,884,944.10
A-7             0.00          0.00             0.00         0.00           0.00
A-8        10,506.94    117,896.44             0.00         0.00   1,505,792.29
A-9         1,260.84     14,147.58             0.00         0.00     180,695.08
A-10       28,679.52    321,807.76             0.00         0.00   4,110,180.61
A-11        7,169.88     80,451.94             0.00         0.00   1,027,545.12
A-12        4,177.91      4,177.91             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          41,500.89     78,925.33             0.00         0.00   6,334,414.83

- -------------------------------------------------------------------------------
          141,417.75  1,157,372.64             0.00         0.00  20,055,156.58
===============================================================================
_______________________________________________________________________________



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    164.610385  10.958112     1.072136    12.030248   0.000000    153.652273
A-6    645.272715  42.955800     4.202775    47.158575   0.000000    602.316915
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    161.318179  10.738950     1.050694    11.789644   0.000000    150.579229
A-9     20.703938   1.378261     0.134849     1.513110   0.000000     19.325677
A-10    73.388481   4.885471     0.477992     5.363463   0.000000     68.503010
A-11    73.388479   4.885471     0.477992     5.363463   0.000000     68.503008
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      763.496854   4.484331     4.972789     9.457120   0.000000    759.012522

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:23                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S15 (POOL # 4064)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4064 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,363.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,237.62

SUBSERVICER ADVANCES THIS MONTH                                        8,374.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     365,275.92

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     314,111.39


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      20,055,156.58

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                      892,195.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.76030770 %    30.23969230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             68.41503180 %    31.58496820 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2450 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68394995
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              110.61

POOL TRADING FACTOR:                                                 9.61234425


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:        05/27/97     11:57:24                                    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-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    17,363,768.65     6.009000  %    559,633.47
A-9   760920YL6     4,375,000.00     3,683,223.64    18.814713  %    118,710.13
A-10  760920XZ6    23,595,000.00     1,838,836.03     7.270000  %     59,265.60
A-11  760920YA0     6,435,000.00       501,500.71    11.843331  %     16,163.35
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.227577  %          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     6,134,455.02     8.750000  %     71,999.86
B                  15,327,940.64    11,981,175.94     8.750000  %          0.00

- -------------------------------------------------------------------------------
                  322,682,743.64    41,502,959.99                    825,772.41
===============================================================================
_______________________________________________________________________________
                                                                      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        86,438.71    646,072.18             0.00         0.00  16,804,135.18
A-9        57,410.03    176,120.16             0.00         0.00   3,564,513.51
A-10       11,074.89     70,340.49             0.00         0.00   1,779,570.43
A-11        4,920.48     21,083.83             0.00         0.00     485,337.36
A-12        9,687.52      9,687.52             0.00         0.00           0.00
A-13        7,824.71      7,824.71             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          44,467.85    116,467.71             0.00         0.00   6,062,455.16
B          73,695.94     73,695.94             0.00         0.00  11,840,553.32

- -------------------------------------------------------------------------------
          295,520.13  1,121,292.54             0.00         0.00  40,536,564.96
===============================================================================







































Run:        05/27/97     11:57:24
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    841.879692  27.133744     4.190968    31.324712   0.000000    814.745948
A-9    841.879689  27.133744    13.122293    40.256037   0.000000    814.745945
A-10    77.933292   2.511786     0.469374     2.981160   0.000000     75.421506
A-11    77.933288   2.511787     0.764643     3.276430   0.000000     75.421501
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      844.896081   9.916512     6.124540    16.041052   0.000000    834.979569
B      781.655946   0.000000     4.807948     4.807948   0.000000    772.481679

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:24                                        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                       10,722.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,228.74

SUBSERVICER ADVANCES THIS MONTH                                       46,430.54
MASTER SERVICER ADVANCES THIS MONTH                                    4,284.92


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,722,473.37

 (B)  TWO MONTHLY PAYMENTS:                                    1     212,709.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,094,341.89


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

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      40,536,564.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          164

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                 522,578.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      479,276.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         56.35099050 %    14.78076500 %   28.86824440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            55.83491470 %    14.95552266 %   29.20956260 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2261 %

      BANKRUPTCY AMOUNT AVAILABLE                         191,092.00
      FRAUD AMOUNT AVAILABLE                              500,887.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,293,738.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.42247295
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.33

POOL TRADING FACTOR:                                                12.56235908


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


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

Run:        05/21/97     15:04:13                                    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      5,276,756.79      8.0000         4,823.76  
S     760920YS1            0.00              0.00      0.5700             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  32,200,599.87      5,276,756.79                     4,823.76  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          35,178.37          0.00        40,002.13        0.00     5,271,933.03
S           2,506.46          0.00         2,506.46        0.00             0.00
                                                                                
           37,684.83          0.00        42,508.59        0.00     5,271,933.03
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     163.871382   0.000150     0.001092      0.000000      0.001242  163.721578
S       0.000000   0.000000     0.000078      0.000000      0.000078    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,614.64 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   525.22 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,494.48 
    MASTER SERVICER ADVANCES THIS MONTH                                1,976.84 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    124,623.73 
      (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                                                   5,271,933.03 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         5,048,073.83 
                                                                                
    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             234,520.47 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.84 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,822.92 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,679.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0544% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.163721578 

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

Run:        05/21/97     15:04:13                                    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      6,946,365.83      7.5503         7,308.96  
S     760920YU6            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  63,951,716.07      6,946,365.83                     7,308.96  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          43,705.11          0.00        51,014.07        0.00     6,939,056.87
S           1,447.13          0.00         1,447.13        0.00             0.00
                                                                                
           45,152.24          0.00        52,461.20        0.00     6,939,056.87
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     108.618912   0.000114     0.000683      0.000000      0.000798  108.504623
S       0.000000   0.000000     0.000023      0.000000      0.000023    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    1,513.35 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   724.45 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,525.18 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    205,730.92 
      (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                                                   6,939,056.87 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         6,947,949.53 
                                                                                
    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                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     131.89 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,177.07 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,679.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.1867% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5503% 
                                                                                
    POOL TRADING FACTOR                                             0.108504623 

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

Run:        05/21/97     15:04:13                                    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     10,009,607.78      7.5506       341,155.01  
S     760920YW2            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  75,606,730.04     10,009,607.78                   341,155.01  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          61,047.10          0.00       402,202.11        0.00     9,668,452.77
S           2,021.26          0.00         2,021.26        0.00             0.00
                                                                                
           63,068.36          0.00       404,223.37        0.00     9,668,452.77
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     132.390434   0.004512     0.000807      0.000000      0.005320  127.878203
S       0.000000   0.000000     0.000027      0.000000      0.000027    0.000000
                                                                                
                                                                                
Determination Date       20-May-1997                                            
Distribution Date        27-May-1997                                            
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    05/21/97    15:04:13                                         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                    2,697.98 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,016.83 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,235.56 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    225,493.32 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    334,050.61 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,668,452.77 
    ACTUAL UPAID PRINCIPAL BALANCE @ 04/30                         9,678,969.60 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  35      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH 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                      330,275.82 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     972.25 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,906.94 
                                                                                
       FSA GUARANTY INSURANCE POLICY                      12,547,679.22         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                141,653.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,791,111.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2855% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5771% 
                                                                                
    POOL TRADING FACTOR                                             0.127878203 

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


Run:        05/27/97     11:57:25                                    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     5,448,479.65     7.950000  %     90,995.95
A-5   760920B31        41,703.00           272.41  1008.000000  %          4.55
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     0.386619  %          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     5,644,842.94     8.000000  %     33,232.24

- -------------------------------------------------------------------------------
                  157,858,019.23    16,581,595.00                    124,232.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        36,038.13    127,034.08             0.00         0.00   5,357,483.70
A-5           228.45        233.00             0.00         0.00         267.86
A-6        36,527.83     36,527.83             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        5,333.71      5,333.71             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          37,571.77     70,804.01             0.00         0.00   5,611,610.70

- -------------------------------------------------------------------------------
          115,699.89    239,932.63             0.00         0.00  16,457,362.26
===============================================================================
_______________________________________________________________________________



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    573.524174   9.578521     3.793487    13.372008   0.000000    563.945653
A-5      6.532144   0.109105     5.478023     5.587128   0.000000      6.423039
A-6   1000.000000   0.000000     6.655946     6.655946   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      794.617615   4.678062     5.288932     9.966994   0.000000    789.939554

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:25                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S18 (POOL # 4066)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4066 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,372.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,913.60

SUBSERVICER ADVANCES THIS MONTH                                        5,812.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     478,769.15

 (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                                                      16,457,362.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           95

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       26,613.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          65.95717760 %    34.04282240 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             65.90212570 %    34.09787430 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3867 %

      BANKRUPTCY AMOUNT AVAILABLE                         265,253.00
      FRAUD AMOUNT AVAILABLE                              196,467.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,148,099.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.82857742
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              115.36

POOL TRADING FACTOR:                                                10.42542048


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


Run:        05/27/97     11:57:26                                    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-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    12,750,771.98     8.500000  %    249,582.22
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     0.168162  %          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     5,491,573.87     8.500000  %      5,413.65
B                  12,805,385.16    10,640,224.71     8.500000  %     10,150.82

- -------------------------------------------------------------------------------
                  320,111,585.16    37,986,570.56                    265,146.69
===============================================================================
_______________________________________________________________________________
                                                                      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        89,996.04    339,578.26             0.00         0.00  12,501,189.76
A-7        64,256.81     64,256.81             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        5,304.29      5,304.29             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          38,760.00     44,173.65             0.00         0.00   5,486,160.22
B          75,099.60     85,250.42             0.00         0.00  10,629,735.46

- -------------------------------------------------------------------------------
          273,416.74    538,563.43             0.00         0.00  37,721,085.44
===============================================================================
_______________________________________________________________________________



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    378.361186   7.406001     2.670506    10.076507   0.000000    370.955186
A-7   1000.000000   0.000000     7.058085     7.058085   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      857.790358   0.845619     6.054358     6.899977   0.000000    856.944739
B      830.917975   0.792699     5.864690     6.657389   0.000000    830.098847

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:26                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S19 (POOL # 4067)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4067 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,095.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,892.04

SUBSERVICER ADVANCES THIS MONTH                                       27,404.98
MASTER SERVICER ADVANCES THIS MONTH                                    6,331.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,397,998.06

 (B)  TWO MONTHLY PAYMENTS:                                    2     539,739.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     673,538.98


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        741,239.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,721,085.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          143

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                 782,248.34

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      228,037.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.53289030 %    14.45661900 %   28.01049040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            57.27616140 %    14.54401472 %   28.17982390 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1670 %

      BANKRUPTCY AMOUNT AVAILABLE                         224,340.00
      FRAUD AMOUNT AVAILABLE                              421,091.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,938,553.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.09027777
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.36

POOL TRADING FACTOR:                                                11.78373017


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


Run:        05/27/97     11:57:26                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920E20    54,519,000.00             0.00     8.100000  %          0.00
A-2   760920E46   121,290,000.00             0.00     8.100000  %          0.00
A-3   760920E61    38,352,000.00             0.00     8.100000  %          0.00
A-4   760920E79    45,739,000.00             0.00     8.100000  %          0.00
A-5   760920E87    38,405,000.00     8,740,643.17     8.100000  %    674,718.53
A-6   760920D70     2,829,000.00       661,275.30     8.100000  %     45,546.12
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     6,802,724.70     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     1,966,699.90     8.100000  %     53,438.62
A-12  760920F37    10,000,000.00       787,940.69     8.100000  %     21,409.71
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.244551  %          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     7,541,044.18     8.500000  %     54,607.95
B                  16,895,592.50    15,034,169.42     8.500000  %     22,989.76

- -------------------------------------------------------------------------------
                  375,449,692.50    50,161,497.36                    872,710.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        58,521.01    733,239.54             0.00         0.00   8,065,924.64
A-6         4,427.42     49,973.54             0.00         0.00     615,729.18
A-7        16,939.05     16,939.05             0.00         0.00   2,530,000.00
A-8        40,821.10     40,821.10             0.00         0.00   6,097,000.00
A-9             0.00          0.00        45,546.12         0.00   6,848,270.82
A-10            0.00          0.00             0.00         0.00           0.00
A-11       13,167.59     66,606.21             0.00         0.00   1,913,261.28
A-12        5,275.48     26,685.19             0.00         0.00     766,530.98
A-13        9,120.88      9,120.88             0.00         0.00           0.00
A-14       10,139.64     10,139.64             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          52,982.67    107,590.62             0.00         0.00   7,486,436.23
B         105,628.68    128,618.44             0.00    85,879.15  14,925,300.52

- -------------------------------------------------------------------------------
          317,023.52  1,189,734.21        45,546.12    85,879.15  49,248,453.65
===============================================================================











































Run:        05/27/97     11:57:26
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S20 (POOL # 4068)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4068 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    227.591282  17.568507     1.523786    19.092293   0.000000    210.022774
A-6    233.748780  16.099724     1.565012    17.664736   0.000000    217.649056
A-7   1000.000000   0.000000     6.695277     6.695277   0.000000   1000.000000
A-8   1000.000000   0.000000     6.695276     6.695276   0.000000   1000.000000
A-9   1467.686019   0.000000     0.000000     0.000000   9.826563   1477.512583
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   241.906507   6.573016     1.619630     8.192646   0.000000    235.333491
A-12    78.794069   2.140971     0.527548     2.668519   0.000000     76.653098
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      892.642540   6.464009     6.271623    12.735632   0.000000    886.178531
B      889.827890   1.360696     6.251848     7.612544   0.000000    883.384262

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:27                                        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                       13,129.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,154.12

SUBSERVICER ADVANCES THIS MONTH                                       25,293.50
MASTER SERVICER ADVANCES THIS MONTH                                    2,591.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     844,834.16

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,242,370.70

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      49,248,453.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          186

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                 305,428.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      549,802.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         54.99493680 %    15.03353100 %   29.97153240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            54.49250670 %    15.20136304 %   30.30613030 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2461 %

      BANKRUPTCY AMOUNT AVAILABLE                         363,201.00
      FRAUD AMOUNT AVAILABLE                              582,172.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,431,774.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.19149140
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.71

POOL TRADING FACTOR:                                                13.11719110


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


Run:        05/27/97     11:57:27                                    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    33,847,747.68     6.709007  %    191,842.99
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.709007  %          0.00
B                   7,968,810.12     1,922,133.73     6.709007  %          0.00

- -------------------------------------------------------------------------------
                  113,840,137.12    35,769,881.41                    191,842.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         188,644.85    380,487.84             0.00         0.00  33,655,904.69
S           4,457.24      4,457.24             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B           8,551.40      8,551.40             0.00     4,462.75   1,919,832.27

- -------------------------------------------------------------------------------
          201,653.49    393,496.48             0.00     4,462.75  35,575,736.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      319.706767   1.812041     1.781833     3.593874   0.000000    317.894726
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      241.207119   0.000000     1.073109     1.073109   0.000000    240.918310

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:28                                        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                       11,699.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,683.65

SUBSERVICER ADVANCES THIS MONTH                                       18,014.13
MASTER SERVICER ADVANCES THIS MONTH                                    5,621.61


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,109,520.74

 (B)  TWO MONTHLY PAYMENTS:                                    1     225,319.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,285,047.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,575,736.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          125

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                 869,816.55

REMAINING SUBCLASS INTEREST SHORTFALL                                  2,161.30

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      151,315.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.62639050 %     5.37360950 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.60353480 %     5.39646520 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              418,036.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,836,592.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.39061794
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.61

POOL TRADING FACTOR:                                                31.25060972



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1499

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        05/27/97     12:00:04                                    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-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    17,763,230.58     8.500000  %    631,347.31
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       785,275.10     0.091495  %      4,987.10
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     3,884,657.45     8.500000  %      3,937.94
B                  10,804,782.23     9,629,737.86     8.500000  %      9,761.82

- -------------------------------------------------------------------------------
                  216,050,982.23    35,038,022.39                    650,034.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       124,604.99    755,952.30             0.00         0.00  17,131,883.27
A-7        20,869.80     20,869.80             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        2,645.64      7,632.74             0.00         0.00     780,288.00
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          27,249.98     31,187.92             0.00         0.00   3,880,719.51
B          67,550.41     77,312.23             0.00         0.00   9,619,976.04

- -------------------------------------------------------------------------------
          242,920.82    892,954.99             0.00         0.00  34,387,988.22
===============================================================================
_______________________________________________________________________________



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    866.499053  30.797430     6.078292    36.875722   0.000000    835.701623
A-7   1000.000000   0.000000     7.014773     7.014773   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   214.445944   1.361896     0.722482     2.084378   0.000000    213.084048
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      899.226262   0.911560     6.307866     7.219426   0.000000    898.314701
B      891.247751   0.903473     6.251898     7.155371   0.000000    890.344279

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:05                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S23 (POOL # 4070)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4070 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,530.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,573.97

SUBSERVICER ADVANCES THIS MONTH                                        9,355.85
MASTER SERVICER ADVANCES THIS MONTH                                    5,706.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     226,641.50

 (B)  TWO MONTHLY PAYMENTS:                                    2     624,185.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        323,236.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,387,988.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          138

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                 724,882.95

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      614,515.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         61.42934340 %    11.08697700 %   27.48367970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            60.74008320 %    11.28510189 %   27.97481490 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0919 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              391,468.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,889,292.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.82868100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.35

POOL TRADING FACTOR:                                                15.91660814



COFI INDEX USED FOR THIS DISTRIBUTION                                     0.0000


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


Run:        05/27/97     11:57:28                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     7,051,643.94     8.000000  %     41,989.08
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00       987,564.06     8.000000  %      5,880.46
A-9   760920K31    37,500,000.00     3,852,655.58     8.000000  %     22,940.67
A-10  760920J74    17,000,000.00     5,766,141.18     8.000000  %     34,334.54
A-11  760920J66             0.00             0.00     0.348417  %          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     6,570,721.33     8.000000  %     36,379.22

- -------------------------------------------------------------------------------
                  183,771,178.70    24,228,726.09                    141,523.97
===============================================================================
_______________________________________________________________________________
                                                                      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        46,996.49     88,985.57             0.00         0.00   7,009,654.86
A-7             0.00          0.00             0.00         0.00           0.00
A-8         6,581.73     12,462.19             0.00         0.00     981,683.60
A-9        25,676.47     48,617.14             0.00         0.00   3,829,714.91
A-10       38,429.11     72,763.65             0.00         0.00   5,731,806.64
A-11        7,032.59      7,032.59             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
B          43,791.33     80,170.55             0.00         0.00   6,534,342.11

- -------------------------------------------------------------------------------
          168,507.72    310,031.69             0.00         0.00  24,087,202.12
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    642.109264   3.823446     4.279411     8.102857   0.000000    638.285819
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8     98.756406   0.588046     0.658173     1.246219   0.000000     98.168360
A-9    102.737482   0.611751     0.684706     1.296457   0.000000    102.125731
A-10   339.184775   2.019679     2.260536     4.280215   0.000000    337.165097
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      794.526996   4.398950     5.295217     9.694167   0.000000    790.128046

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:28                                        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                        6,239.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,556.53

SUBSERVICER ADVANCES THIS MONTH                                        4,385.00
MASTER SERVICER ADVANCES THIS MONTH                                    2,224.25


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     152,766.07

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        195,043.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      24,087,202.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          109

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                 183,129.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        7,380.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.88045070 %    27.11954940 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.87214150 %    27.12785850 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3484 %

      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                          8.78442780
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.09

POOL TRADING FACTOR:                                                13.10717072


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                  981,683.60           0.00
ENDING A-9 PRINCIPAL COMPONENT:                3,829,714.91           0.00
ENDING A-10 PRINCIPAL COMPONENT:               5,731,806.64           0.00


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


Run:        05/27/97     11:57:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    30,833,009.31     7.636396  %  1,157,418.11
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.636396  %          0.00
B                   8,084,552.09     6,463,484.41     7.636396  %      5,710.34

- -------------------------------------------------------------------------------
                  134,742,525.09    37,296,493.72                  1,163,128.45
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         192,050.65  1,349,468.76             0.00         0.00  29,675,591.20
S           4,563.21      4,563.21             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          40,259.33     45,969.67             0.00     1,000.00   6,456,774.07

- -------------------------------------------------------------------------------
          236,873.19  1,400,001.64             0.00     1,000.00  36,132,365.27
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      243.435395   9.138146     1.516295    10.654441   0.000000    234.297249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      799.485777   0.706327     4.979785     5.686112   0.000000    798.655757

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S25 (POOL # 4074)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4074 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,792.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,177.43

SUBSERVICER ADVANCES THIS MONTH                                       25,496.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,423,448.19

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,915,595.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      36,132,365.27

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,125,407.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.66999450 %    17.33000550 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.13022030 %    17.86977970 %

      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                          8.41738633
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.84

POOL TRADING FACTOR:                                                26.81585880



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.2941

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        05/27/97     11:57:31                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,094,862.29     8.500000  %     43,885.82
A-11  760920T24    20,000,000.00     9,953,293.33     8.500000  %    398,962.03
A-12  760920P44    39,837,000.00    19,825,467.33     8.500000  %    794,672.51
A-13  760920P77     4,598,000.00     6,790,961.46     8.500000  %          0.00
A-14  760920M62     2,400,000.00       207,038.52     8.500000  %     47,901.33
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     0.091811  %          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     7,695,600.63     8.500000  %     35,206.58
B                  17,878,726.36    15,128,159.56     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,384,926.36    72,697,383.12                  1,320,628.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10        7,722.81     51,608.63             0.00         0.00   1,050,976.47
A-11       70,207.44    469,169.47             0.00         0.00   9,554,331.30
A-12      139,842.69    934,515.20             0.00         0.00  19,030,794.82
A-13            0.00          0.00        47,901.33         0.00   6,838,862.79
A-14        1,460.38     49,361.71             0.00         0.00     159,137.19
A-15       26,098.65     26,098.65             0.00         0.00   3,700,000.00
A-16       28,214.76     28,214.76             0.00         0.00   4,000,000.00
A-17       30,344.97     30,344.97             0.00         0.00   4,302,000.00
A-18        5,538.76      5,538.76             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          54,282.38     89,488.96             0.00         0.00   7,660,394.05
B          55,775.65     55,775.65             0.00         0.00  15,058,949.78

- -------------------------------------------------------------------------------
          419,488.49  1,740,116.76        47,901.33         0.00  71,355,446.40
===============================================================================




























Run:        05/27/97     11:57:31
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   497.664677  19.948100     3.510368    23.458468   0.000000    477.716577
A-11   497.664667  19.948102     3.510372    23.458474   0.000000    477.716565
A-12   497.664667  19.948101     3.510372    23.458473   0.000000    477.716566
A-13  1476.938117   0.000000     0.000000     0.000000  10.417862   1487.355979
A-14    86.266050  19.958888     0.608492    20.567380   0.000000     66.307163
A-15  1000.000000   0.000000     7.053689     7.053689   0.000000   1000.000000
A-16  1000.000000   0.000000     7.053690     7.053690   0.000000   1000.000000
A-17  1000.000000   0.000000     7.053689     7.053689   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      908.678785   4.157112     6.409538    10.566650   0.000000    904.521673
B      846.154209   0.000000     3.119664     3.119664   0.000000    842.283140

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4075 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,726.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,488.98

SUBSERVICER ADVANCES THIS MONTH                                       14,856.09
MASTER SERVICER ADVANCES THIS MONTH                                    6,662.52


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     524,165.70

 (B)  TWO MONTHLY PAYMENTS:                                    3     732,983.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      48,138.90


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        489,842.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      71,355,446.40

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

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                 831,077.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,009,353.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.60442670 %    10.58580100 %   20.80977180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            68.16032280 %    10.73554219 %   21.10413510 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0934 %

      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                          9.03397766
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.77

POOL TRADING FACTOR:                                                18.95810416


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


Run:        05/27/97     11:57:32                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     5,880,764.25     8.000000  %    870,715.35
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     0.164358  %          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     5,962,868.23     8.000000  %     31,955.76

- -------------------------------------------------------------------------------
                  157,499,405.19    24,864,632.48                    902,671.11
===============================================================================
_______________________________________________________________________________
                                                                      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             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        38,242.13    908,957.48             0.00         0.00   5,010,048.90
A-8        84,674.49     84,674.49             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        3,321.94      3,321.94             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          38,776.04     70,731.80             0.00         0.00   5,930,912.47

- -------------------------------------------------------------------------------
          165,014.60  1,067,685.71             0.00         0.00  23,961,961.37
===============================================================================
_______________________________________________________________________________



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      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    356.755900  52.821848     2.319955    55.141803   0.000000    303.934051
A-8   1000.000000   0.000000     6.502918     6.502918   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      797.025168   4.271358     5.182989     9.454347   0.000000    792.753810

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:32                                        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                        6,881.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,613.67

SUBSERVICER ADVANCES THIS MONTH                                        6,872.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     246,554.18

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        323,248.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,961,961.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          129

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      769,418.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          76.01867540 %    23.98132460 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             75.24863520 %    24.75136480 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1684 %

      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                          8.63459534
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.63

POOL TRADING FACTOR:                                                15.21400118


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


Run:        05/27/97     11:57:33                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    41,652,438.96     8.000000  %     59,845.64
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     0.267728  %          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     6,646,829.22     8.000000  %      6,963.94
B                  16,432,384.46    14,796,674.12     8.000000  %     15,502.61

- -------------------------------------------------------------------------------
                  365,162,840.46    68,698,942.30                     82,312.19
===============================================================================
_______________________________________________________________________________
                                                                      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             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      277,641.28    337,486.92             0.00         0.00  41,592,593.32
A-11       37,347.73     37,347.73             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       15,324.86     15,324.86             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          44,305.54     51,269.48             0.00         0.00   6,639,865.28
B          98,629.70    114,132.31             0.00         0.00  14,781,171.51

- -------------------------------------------------------------------------------
          473,249.11    555,561.30             0.00         0.00  68,616,630.11
===============================================================================











































Run:        05/27/97     11:57:33
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   878.743438   1.262566     5.857411     7.119977   0.000000    877.480872
A-11  1000.000000   0.000000     6.665667     6.665667   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      910.118613   0.953539     6.066546     7.020085   0.000000    909.165074
B      900.458126   0.943419     6.002153     6.945572   0.000000    899.514708

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:33                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S28 (POOL # 4077)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4077 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,095.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,227.22

SUBSERVICER ADVANCES THIS MONTH                                       12,192.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     480,030.49

 (B)  TWO MONTHLY PAYMENTS:                                    3     835,234.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        196,832.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      68,616,630.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          269

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                       10,335.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.78626860 %     9.67530100 %   21.53843080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            68.78156690 %     9.67675805 %   21.54167510 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2677 %

      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                          8.69140043
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.92

POOL TRADING FACTOR:                                                18.79069350


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


Run:        05/27/97     11:57:33                                    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-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    17,130,598.89     7.168860  %  1,227,960.48
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.168860  %          0.00
B                   6,095,852.88     4,048,272.66     7.168860  %      4,263.02

- -------------------------------------------------------------------------------
                  116,111,466.88    21,178,871.55                  1,232,223.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          98,910.19  1,326,870.67             0.00         0.00  15,902,638.41
S           4,264.43      4,264.43             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          23,374.28     27,637.30             0.00         0.00   4,044,009.64

- -------------------------------------------------------------------------------
          126,548.90  1,358,772.40             0.00         0.00  19,946,648.05
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      155.710756  11.161703     0.899057    12.060760   0.000000    144.549053
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      664.102750   0.699331     3.834456     4.533787   0.000000    663.403419

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S29 (POOL # 4078)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4078 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,414.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,086.14

SPREAD                                                                 1,914.29

SUBSERVICER ADVANCES THIS MONTH                                       11,600.42
MASTER SERVICER ADVANCES THIS MONTH                                    3,061.84


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     725,145.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     187,825.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        707,047.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,946,648.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           66

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                 401,827.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,209,921.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          80.88532410 %    19.11467590 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             79.72586860 %    20.27413140 %

      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                          8.08491370
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.71

POOL TRADING FACTOR:                                                17.17887870


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


Run:        05/27/97     11:57:35                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,686,887.69     7.500000  %    721,588.49
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     4,942,051.46     7.500000  %     86,906.75
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     0.205919  %          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     9,406,777.19     7.500000  %     51,826.97

- -------------------------------------------------------------------------------
                  261,801,192.58    54,971,716.34                    860,322.21
===============================================================================
_______________________________________________________________________________
                                                                      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       122,054.30    843,642.79             0.00         0.00  18,965,299.20
A-5       129,798.51    129,798.51             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        30,639.61    117,546.36             0.00         0.00   4,855,144.71
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        9,357.28      9,357.28             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
B          58,319.91    110,146.88             0.00         0.00   9,354,950.22

- -------------------------------------------------------------------------------
          350,169.61  1,210,491.82             0.00         0.00  54,111,394.13
===============================================================================















































Run:        05/27/97     11:57:35
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    804.564457  29.489905     4.988120    34.478025   0.000000    775.074552
A-5   1000.000000   0.000000     6.199776     6.199776   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    329.470097   5.793783     2.042641     7.836424   0.000000    323.676314
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      797.117457   4.391747     4.941950     9.333697   0.000000    792.725710

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:36                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S31 (POOL # 4080)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4080 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,026.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,031.84

SUBSERVICER ADVANCES THIS MONTH                                        2,417.75
MASTER SERVICER ADVANCES THIS MONTH                                    2,261.89


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     205,176.71

 (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                                                      54,111,394.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          237

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                 196,741.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      557,453.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.88796890 %    17.11203110 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.71168140 %    17.28831860 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2041 %

      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                          8.11690190
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              118.52

POOL TRADING FACTOR:                                                20.66888756


                                   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:              86,906.75          N/A              0.00
CLASS A-8 ENDING BAL:          4,855,144.71          N/A              0.00


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


Run:        05/27/97     11:57:36                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    57,353,300.50     7.750000  %  1,621,310.38
A-11  760920U55     2,522,000.00             0.00     7.750000  %          0.00
A-12  760920U63     2,475,000.00     2,076,966.74     7.750000  %     63,296.44
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00     9,888,033.26     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00     8,919,514.84     7.750000  %    180,144.10
A-17  760920W38             0.00             0.00     0.321776  %          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     7,867,326.46     7.750000  %      8,056.62
B                  20,436,665.48    18,682,737.17     7.750000  %     19,132.25

- -------------------------------------------------------------------------------
                  430,245,573.48   115,745,878.97                  1,891,939.79
===============================================================================
_______________________________________________________________________________
                                                                      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             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      367,136.73  1,988,447.11             0.00         0.00  55,731,990.12
A-11            0.00          0.00             0.00         0.00           0.00
A-12       13,295.32     76,591.76             0.00         0.00   2,013,670.30
A-13       70,145.65     70,145.65             0.00         0.00  10,958,000.00
A-14            0.00          0.00        63,296.44         0.00   9,951,329.70
A-15            0.00          0.00             0.00         0.00           0.00
A-16       57,096.65    237,240.75             0.00         0.00   8,739,370.74
A-17       30,762.85     30,762.85             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          50,361.26     58,417.88             0.00         0.00   7,859,269.84
B         119,594.16    138,726.41             0.00         0.00  18,663,604.92

- -------------------------------------------------------------------------------
          708,392.62  2,600,332.41        63,296.44         0.00 113,917,235.62
===============================================================================




























Run:        05/27/97     11:57:36
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   872.944103  24.677104     5.587993    30.265097   0.000000    848.266999
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12   839.178481  25.574319     5.371846    30.946165   0.000000    813.604162
A-13  1000.000000   0.000000     6.401319     6.401319   0.000000   1000.000000
A-14  1419.063327   0.000000     0.000000     0.000000   9.083875   1428.147202
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   546.137328  11.030131     3.495999    14.526130   0.000000    535.107197
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      914.177384   0.936173     5.851940     6.788113   0.000000    913.241211
B      914.177373   0.936174     5.851940     6.788114   0.000000    913.241201

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:37                                        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                       34,429.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,055.66

SUBSERVICER ADVANCES THIS MONTH                                       33,644.96
MASTER SERVICER ADVANCES THIS MONTH                                    4,634.40


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,938,805.16

 (B)  TWO MONTHLY PAYMENTS:                                    2     476,180.28

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2   1,215,197.89


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        680,066.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     113,917,235.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          423

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                 569,292.80

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,710,112.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.06176340 %     6.79706800 %   16.14116830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.71741720 %     6.89910512 %   16.38347770 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3221 %

      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                          8.55922831
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.46

POOL TRADING FACTOR:                                                26.47725918


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


Run:        05/27/97     11:57:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,346,173.26     8.000000  %  1,326,387.18
A-8   7609204H8    36,700,000.00    21,893,031.02     8.000000  %    693,937.66
A-9   7609204J4    15,000,000.00    13,856,348.77     8.000000  %    439,201.05
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     0.169659  %          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     6,781,839.54     8.000000  %     29,993.22
B                  15,322,642.27    13,186,541.02     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,581,934.27    97,563,933.61                  2,489,519.11
===============================================================================
_______________________________________________________________________________
                                                                      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             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        54,830.49  1,381,217.67             0.00         0.00   7,019,786.08
A-8       143,827.05    837,764.71             0.00         0.00  21,199,093.36
A-9        91,029.78    530,230.83             0.00         0.00  13,417,147.72
A-10      210,225.14    210,225.14             0.00         0.00  32,000,000.00
A-11        9,854.30      9,854.30             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       13,592.89     13,592.89             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          44,553.53     74,546.75             0.00         0.00   6,751,846.32
B          59,118.43     59,118.43             0.00         0.00  13,128,222.50

- -------------------------------------------------------------------------------
          627,031.61  3,116,550.72             0.00         0.00  95,016,095.98
===============================================================================













































Run:        05/27/97     11:57:37
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    707.302819 112.405693     4.646652   117.052345   0.000000    594.897125
A-8    596.540355  18.908383     3.918993    22.827376   0.000000    577.631972
A-9    923.756585  29.280070     6.068652    35.348722   0.000000    894.476515
A-10  1000.000000   0.000000     6.569536     6.569536   0.000000   1000.000000
A-11  1000.000000   0.000000     6.569533     6.569533   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      934.254524   4.131814     6.137617    10.269431   0.000000    930.122710
B      860.591848   0.000000     3.858239     3.858239   0.000000    856.785812

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:38                                        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                       24,909.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,508.73

SUBSERVICER ADVANCES THIS MONTH                                       44,845.82
MASTER SERVICER ADVANCES THIS MONTH                                    2,307.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,824,718.56

 (B)  TWO MONTHLY PAYMENTS:                                    1     314,680.69

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,632,167.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      95,016,095.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          366

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                 302,598.26

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,116,353.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.53303050 %     6.95117500 %   13.51579480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.07715680 %     7.10600267 %   13.81684060 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1689 %

      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                          8.60597078
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.60

POOL TRADING FACTOR:                                                29.45487205


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


Run:        05/27/97     11:57:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    30,133,770.79     7.500000  %  1,043,074.76
A-7   7609203P1    15,000,000.00    10,173,911.98     7.500000  %    352,168.03
A-8   7609204B1     7,005,400.00     7,000,282.11     7.500000  %     35,216.80
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    15,145,041.03     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.277490  %          0.00
R-I   7609204D7           100.00             0.00     7.500000  %          0.00
R-II  7609204E5           100.00             0.00     7.500000  %          0.00
M     7609204C9    11,765,145.00    11,046,506.66     7.500000  %     37,073.07
B                  16,042,796.83    14,826,461.43     7.500000  %     42,031.50

- -------------------------------------------------------------------------------
                  427,807,906.83   158,863,974.00                  1,509,564.16
===============================================================================
_______________________________________________________________________________
                                                                      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       187,707.23  1,230,781.99             0.00         0.00  29,090,696.03
A-7        63,374.64    415,542.67             0.00         0.00   9,821,743.95
A-8        33,122.73     68,339.53        10,482.95         0.00   6,975,548.26
A-9       190,225.23    190,225.23             0.00         0.00  30,538,000.00
A-10      249,165.27    249,165.27             0.00         0.00  40,000,000.00
A-11            0.00          0.00        94,340.46         0.00  15,239,381.49
A-12       36,613.28     36,613.28             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          68,810.15    105,883.22             0.00         0.00  11,009,433.59
B          92,355.98    134,387.48             0.00     7,727.45  14,776,702.47

- -------------------------------------------------------------------------------
          921,374.51  2,430,938.67       104,823.41     7,727.45 157,451,505.79
===============================================================================















































Run:        05/27/97     11:57:38
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    678.260799  23.477869     4.224976    27.702845   0.000000    654.782930
A-7    678.260799  23.477869     4.224976    27.702845   0.000000    654.782930
A-8    999.269436   5.027093     4.728171     9.755264   1.496410    995.738753
A-9   1000.000000   0.000000     6.229132     6.229132   0.000000   1000.000000
A-10  1000.000000   0.000000     6.229132     6.229132   0.000000   1000.000000
A-11  1396.126534   0.000000     0.000000     0.000000   8.696656   1404.823191
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      938.918021   3.151093     5.848644     8.999737   0.000000    935.766928
B      924.181836   2.619961     5.756850     8.376811   0.000000    921.080197

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:39                                        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                       44,055.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,104.27

SUBSERVICER ADVANCES THIS MONTH                                       26,026.77
MASTER SERVICER ADVANCES THIS MONTH                                    7,113.78


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,954,408.71

 (B)  TWO MONTHLY PAYMENTS:                                    1     203,688.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,309,726.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     157,451,505.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          601

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                 963,470.07

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      879,306.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.71376000 %     6.95343700 %    9.33280280 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            83.62280760 %     6.99226948 %    9.38492290 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2791 %

      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                          8.24212254
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.28

POOL TRADING FACTOR:                                                36.80425333


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       35,216.80
CLASS A-8 ENDING BALANCE:                     1,693,373.86    5,282,174.40


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


Run:        05/27/97     11:57:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,844,870.32     6.500000  %    526,602.62
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     6.387500  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     8.429166  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         4,971.51  2775.250000  %         95.11
A-11  7609203B2             0.00             0.00     0.449557  %          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     4,684,599.01     7.000000  %     26,837.33

- -------------------------------------------------------------------------------
                  146,754,518.99    47,214,440.84                    553,535.06
===============================================================================
_______________________________________________________________________________
                                                                      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       106,849.53    633,452.15             0.00         0.00  19,318,267.70
A-6        18,157.31     18,157.31             0.00         0.00   3,680,000.00
A-7        14,814.94     14,814.94             0.00         0.00   2,800,000.00
A-8         8,378.71      8,378.71             0.00         0.00   1,200,000.00
A-9        86,976.17     86,976.17             0.00         0.00  15,000,000.00
A-10       11,428.82     11,523.93             0.00         0.00       4,876.40
A-11       17,582.08     17,582.08             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          27,163.24     54,000.57             0.00         0.00   4,657,761.72

- -------------------------------------------------------------------------------
          291,350.80    844,885.86             0.00         0.00  46,660,905.82
===============================================================================
_______________________________________________________________________________



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    954.080304  25.317434     5.136997    30.454431   0.000000    928.762870
A-6   1000.000000   0.000000     4.934052     4.934052   0.000000   1000.000000
A-7    176.211454   0.000000     0.932344     0.932344   0.000000    176.211454
A-8    176.211454   0.000000     1.230354     1.230354   0.000000    176.211454
A-9    403.225806   0.000000     2.338069     2.338069   0.000000    403.225807
A-10   248.575500   4.755500   571.441000   576.196500   0.000000    243.820000
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      793.419024   4.545373     4.600571     9.145944   0.000000    788.873658

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:40                                        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                       11,687.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,511.83

SUBSERVICER ADVANCES THIS MONTH                                        4,053.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     357,586.68

 (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                                                      46,660,905.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          210

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      283,051.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          90.07803770 %     9.92196230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             90.01784980 %     9.98215020 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4486 %

      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                          7.87243780
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              118.83

POOL TRADING FACTOR:                                                31.79520886

                                   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:        05/27/97     11:57:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    18,039,193.67     5.700000  %    724,287.43
A-3   7609204R6    19,990,000.00    12,159,427.96     6.400000  %    154,396.87
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     0.348018  %          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     8,173,027.35     7.000000  %     46,308.12

- -------------------------------------------------------------------------------
                  260,444,078.54   100,631,648.98                    924,992.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        85,567.38    809,854.81             0.00         0.00  17,314,906.24
A-3        64,760.37    219,157.24             0.00         0.00  12,005,031.09
A-4       216,397.07    216,397.07             0.00         0.00  38,524,000.00
A-5       103,835.01    103,835.01             0.00         0.00  17,825,000.00
A-6        34,433.03     34,433.03             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       33,601.36     33,601.36             0.00         0.00           0.00
A-12       29,144.19     29,144.19             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
B          47,609.89     93,918.01             0.00         0.00   8,126,719.23

- -------------------------------------------------------------------------------
          615,348.30  1,540,340.72             0.00         0.00  99,706,656.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    329.344635  13.223439     1.562218    14.785657   0.000000    316.121196
A-3    608.275536   7.723705     3.239638    10.963343   0.000000    600.551830
A-4   1000.000000   0.000000     5.617201     5.617201   0.000000   1000.000000
A-5   1000.000000   0.000000     5.825246     5.825246   0.000000   1000.000000
A-6   1000.000000   0.000000     5.825246     5.825246   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      784.504294   4.444976     4.569930     9.014906   0.000000    780.059317

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:41                                        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                       24,326.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,797.98

SUBSERVICER ADVANCES THIS MONTH                                       15,901.72
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     395,831.15

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     270,139.45


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        738,286.77

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      99,706,656.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          445

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      354,816.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.87827350 %     8.12172660 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.84937140 %     8.15062860 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3482 %

      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                          7.76376773
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              119.45

POOL TRADING FACTOR:                                                38.28332636


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


Run:        05/27/97     11:57:42                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     4,826,679.90     7.650000  %    236,457.83
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     8,551,866.97     7.650000  %     26,011.00
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.104132  %          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     8,663,348.45     8.000000  %      8,628.33
B                  16,935,768.50    15,594,029.38     8.000000  %     15,406.00

- -------------------------------------------------------------------------------
                  376,350,379.50   110,551,576.70                    286,503.16
===============================================================================
_______________________________________________________________________________
                                                                      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        30,744.25    267,202.08             0.00         0.00   4,590,222.07
A-9       326,705.70    326,705.70             0.00         0.00  51,291,000.00
A-10      137,741.46    137,741.46             0.00         0.00  21,624,652.00
A-11       54,472.39     80,483.39             0.00         0.00   8,525,855.97
A-12       25,148.02     25,148.02             0.00         0.00           0.00
A-13        9,585.22      9,585.22             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          57,707.19     66,335.52             0.00         0.00   8,654,720.12
B         103,872.93    119,278.93             0.00       124.99  15,578,498.37

- -------------------------------------------------------------------------------
          745,977.16  1,032,480.32             0.00       124.99 110,264,948.53
===============================================================================













































Run:        05/27/97     11:57:42
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    184.287729   9.028209     1.173848    10.202057   0.000000    175.259519
A-9   1000.000000   0.000000     6.369650     6.369650   0.000000   1000.000000
A-10  1000.000000   0.000000     6.369650     6.369650   0.000000   1000.000000
A-11   784.431019   2.385892     4.996550     7.382442   0.000000    782.045127
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      920.774828   0.917053     6.133348     7.050401   0.000000    919.857775
B      920.774831   0.909672     6.133347     7.043019   0.000000    919.857777

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:42                                        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                       27,324.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,613.52

SUBSERVICER ADVANCES THIS MONTH                                       26,380.93
MASTER SERVICER ADVANCES THIS MONTH                                    1,796.06


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     293,646.55

 (B)  TWO MONTHLY PAYMENTS:                                    2     435,135.32

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     940,780.11


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,688,156.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     110,264,948.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          403

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                 235,680.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      176,523.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.05786350 %     7.83647700 %   14.10565990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.02273630 %     7.84902205 %   14.12824160 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1043 %

      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                          8.52671586
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.13

POOL TRADING FACTOR:                                                29.29848209


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


Run:        05/27/97     11:57:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    15,495,563.33     7.500000  %  2,793,865.06
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     9,911,766.60     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,835,347.99     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.201130  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,118,176.64     7.500000  %          0.00
B                  18,182,304.74    17,223,226.13     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  427,814,328.74   187,123,080.69                  2,793,865.06
===============================================================================
_______________________________________________________________________________
                                                                      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        96,498.38  2,890,363.44             0.00         0.00  12,701,698.27
A-6       287,597.69    287,597.69             0.00         0.00  46,182,000.00
A-7       475,512.04    475,512.04             0.00         0.00  76,357,000.00
A-8        52,840.20     52,840.20         8,885.17         0.00   9,920,651.77
A-9             0.00          0.00        79,931.93         0.00  12,915,279.92
A-10       31,250.43     31,250.43             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M               0.00          0.00             0.00         0.00   9,118,176.64
B               0.00          0.00             0.00   346,284.78  17,040,982.04

- -------------------------------------------------------------------------------
          943,698.74  3,737,563.80        88,817.10   346,284.78 184,235,788.64
===============================================================================
_______________________________________________________________________________



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    221.308283  39.902097     1.378194    41.280291   0.000000    181.406185
A-6   1000.000000   0.000000     6.227485     6.227485   0.000000   1000.000000
A-7   1000.000000   0.000000     6.227485     6.227485   0.000000   1000.000000
A-8   1041.918070   0.000000     5.554525     5.554525   0.934003   1042.852073
A-9   1387.905276   0.000000     0.000000     0.000000   8.643159   1396.548434
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      947.252091   0.000000     0.000000     0.000000   0.000000    947.252091
B      947.252088   0.000000     0.000000     0.000000   0.000000    937.228931

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:43                                        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                       51,761.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,496.17

SUBSERVICER ADVANCES THIS MONTH                                       21,019.22
MASTER SERVICER ADVANCES THIS MONTH                                    1,847.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,979,973.49

 (B)  TWO MONTHLY PAYMENTS:                                    2     391,277.32

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        460,055.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     184,235,788.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          701

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                 253,750.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,735,848.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.92295370 %     4.87282300 %    9.20422330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.80126110 %     4.94918860 %    9.24955040 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2000 %

      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                          8.16035664
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.06

POOL TRADING FACTOR:                                                43.06442685


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,435,651.77    8,485,000.00


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


Run:        05/27/97     11:57:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,230,329.74     7.500000  %    522,434.70
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     0.154146  %          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     6,900,541.80     7.500000  %     37,734.66

- -------------------------------------------------------------------------------
                  183,802,829.51    45,695,871.54                    560,169.36
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-7       119,566.70    642,001.40             0.00         0.00  18,707,895.04
A-8       121,647.55    121,647.55             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        5,839.45      5,839.45             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
B          42,904.88     80,639.54             0.00         0.00   6,862,807.14

- -------------------------------------------------------------------------------
          289,958.58    850,127.94             0.00         0.00  45,135,702.18
===============================================================================
_______________________________________________________________________________



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    643.606872  17.485013     4.001697    21.486710   0.000000    626.121860
A-8   1000.000000   0.000000     6.217611     6.217611   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      790.364970   4.322002     4.914181     9.236183   0.000000    786.042968

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:44                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S39 (POOL # 4088)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4088 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,771.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,814.79

SUBSERVICER ADVANCES THIS MONTH                                        7,864.67
MASTER SERVICER ADVANCES THIS MONTH                                    2,584.82


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     406,507.52

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        270,654.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,135,702.18

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 225,524.64

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      310,287.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.89898200 %    15.10101800 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.79516920 %    15.20483080 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1519 %

      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                          8.14183664
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.05

POOL TRADING FACTOR:                                                24.55658724


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


Run:        05/27/97     11:57:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    37,050,533.29     7.960325  %    265,936.55
R     7609206F0           100.00             0.00     7.960325  %          0.00
B                  11,237,146.51     8,422,546.43     7.960325  %      6,795.24

- -------------------------------------------------------------------------------
                  187,272,146.51    45,473,079.72                    272,731.79
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         245,081.50    511,018.05             0.00         0.00  36,784,596.74
R               0.00          0.00             0.00         0.00           0.00
B          55,713.38     62,508.62             0.00     1,165.33   8,414,585.86

- -------------------------------------------------------------------------------
          300,794.88    573,526.67             0.00     1,165.33  45,199,182.60
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      210.472658   1.510704     1.392232     2.902936   0.000000    208.961954
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      749.527153   0.604712     4.957965     5.562677   0.000000    748.818737

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:45                                        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                       14,140.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,677.32

SUBSERVICER ADVANCES THIS MONTH                                       30,628.40
MASTER SERVICER ADVANCES THIS MONTH                                    5,357.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,589,212.37

 (B)  TWO MONTHLY PAYMENTS:                                    1     950,777.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,507,610.97

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,199,182.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          156

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                 696,796.34

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      230,918.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.47795030 %    18.52204970 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.38332290 %    18.61667710 %

      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                          8.48467969
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.13

POOL TRADING FACTOR:                                                24.13556070



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        05/27/97     11:57:46                                    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-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    11,588,064.65     7.000000  %    510,214.60
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     0.400191  %          0.00
R-I   7609208D3           100.00             0.00     7.000000  %          0.00
R-II  7609208E1           100.00             0.00     7.000000  %          0.00
B                   6,278,931.35     5,046,411.64     7.000000  %     28,387.08

- -------------------------------------------------------------------------------
                  156,959,931.35    56,534,476.29                    538,601.68
===============================================================================
_______________________________________________________________________________
                                                                      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             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        67,484.45    577,699.05             0.00         0.00  11,077,850.05
A-9        82,113.00     82,113.00             0.00         0.00  14,100,000.00
A-10       56,489.08     56,489.08             0.00         0.00   9,700,000.00
A-11       93,760.24     93,760.24             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       18,822.40     18,822.40             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          29,388.38     57,775.46             0.00         0.00   5,018,024.56

- -------------------------------------------------------------------------------
          348,057.55    886,659.23             0.00         0.00  55,995,874.61
===============================================================================


































Run:        05/27/97     11:57:46
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    827.718904  36.443900     4.820318    41.264218   0.000000    791.275004
A-9   1000.000000   0.000000     5.823617     5.823617   0.000000   1000.000000
A-10  1000.000000   0.000000     5.823616     5.823616   0.000000   1000.000000
A-11  1000.000000   0.000000     5.823617     5.823617   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      803.705497   4.521007     4.680473     9.201480   0.000000    799.184492

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:46                                        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                       15,235.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,083.41

SUBSERVICER ADVANCES THIS MONTH                                       14,950.02
MASTER SERVICER ADVANCES THIS MONTH                                    2,596.40


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     893,576.73

 (B)  TWO MONTHLY PAYMENTS:                                    1     208,905.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        229,470.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,995,874.61

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

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                 229,586.95

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      220,583.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.07374480 %     8.92625520 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.03858170 %     8.96141830 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.399899 %

      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                          7.84997779
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              119.69

POOL TRADING FACTOR:                                                35.67526701


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:        05/27/97     11:57:47                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    29,938,394.28     7.957719  %     31,734.17
M     760944AB4     5,352,000.00     4,147,820.49     7.957719  %      4,376.10
R     760944AC2           100.00             0.00     7.957719  %          0.00
B                   8,362,385.57     5,966,772.47     7.957719  %      5,345.20

- -------------------------------------------------------------------------------
                  133,787,485.57    40,052,987.24                     41,455.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         198,514.22    230,248.39             0.00         0.00  29,906,660.11
M          27,503.19     31,879.29             0.00         0.00   4,143,444.39
R               0.00          0.00             0.00         0.00           0.00
B          39,564.23     44,909.43             0.00         0.00   5,960,427.28

- -------------------------------------------------------------------------------
          265,581.64    307,037.11             0.00         0.00  40,010,531.78
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      249.334940   0.264291     1.653279     1.917570   0.000000    249.070650
M      775.003828   0.817657     5.138862     5.956519   0.000000    774.186172
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      713.525156   0.639196     4.731212     5.370408   0.000000    712.766379

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:47                                        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                       13,104.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,199.29

SUBSERVICER ADVANCES THIS MONTH                                       14,107.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     887,138.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     261,011.35


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        706,650.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      40,010,531.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          143

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                        4,095.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.74696980 %    10.35583300 %   14.89719710 %
PREPAYMENT PERCENT           74.74696980 %     0.00000000 %   25.25303020 %
NEXT DISTRIBUTION            74.74696980 %    10.35588433 %   14.89714590 %

      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                          8.47537544
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.75

POOL TRADING FACTOR:                                                29.90603464



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        05/27/97     11:57:48                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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       166,210.33     7.000000  %    166,210.33
A-4   760944AZ1    11,666,667.00             0.00     8.000000  %          0.00
A-5   760944BA5     5,000,000.00     3,266,393.20     8.000000  %    136,345.09
A-6   760944BH0    45,000,000.00       332,420.71     8.500000  %    332,420.71
A-7   760944BB3    15,000,000.00    15,000,000.00     8.000000  %     47,233.25
A-8   760944BC1     4,612,500.00     4,612,500.00     8.000000  %          0.00
A-9   760944BD9    38,895,833.00    38,895,833.00     8.000000  %    183,094.44
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     0.154688  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,774,519.92     8.000000  %     33,221.43
B                  16,938,486.28    15,709,163.22     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,347,086.28   126,082,040.38                    898,525.25
===============================================================================
_______________________________________________________________________________
                                                                      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           967.35    167,177.68             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        21,726.30    158,071.39             0.00         0.00   3,130,048.11
A-6         2,349.28    334,769.99             0.00         0.00           0.00
A-7        99,772.00    147,005.25             0.00         0.00  14,952,766.75
A-8        30,679.89     30,679.89             0.00         0.00   4,612,500.00
A-9       258,714.33    441,808.77             0.00         0.00  38,712,738.56
A-10      154,000.00    154,000.00             0.00         0.00  23,100,000.00
A-11       99,772.00     99,772.00             0.00         0.00  15,000,000.00
A-12        8,148.05      8,148.05             0.00         0.00   1,225,000.00
A-13       16,215.70     16,215.70             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          58,363.43     91,584.86             0.00         0.00   8,741,298.49
B               0.00          0.00             0.00         0.00  15,606,571.47

- -------------------------------------------------------------------------------
          750,708.33  1,649,233.58             0.00         0.00 125,080,923.38
===============================================================================










































Run:        05/27/97     11:57:48
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      7.387126   7.387126     0.042993     7.430119   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    653.278640  27.269018     4.345260    31.614278   0.000000    626.009622
A-6      7.387127   7.387127     0.052206     7.439333   0.000000      0.000000
A-7   1000.000000   3.148883     6.651467     9.800350   0.000000    996.851117
A-8   1000.000000   0.000000     6.651467     6.651467   0.000000   1000.000000
A-9   1000.000000   4.707302     6.651466    11.358768   0.000000    995.292698
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.651467     6.651467   0.000000   1000.000000
A-12  1000.000000   0.000000     6.651469     6.651469   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      932.616243   3.531002     6.203266     9.734268   0.000000    929.085241
B      927.424267   0.000000     0.000000     0.000000   0.000000    921.367542

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:48                                        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                       30,654.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,125.68

SUBSERVICER ADVANCES THIS MONTH                                       44,056.05
MASTER SERVICER ADVANCES THIS MONTH                                    2,478.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,905,900.76

 (B)  TWO MONTHLY PAYMENTS:                                    2     441,533.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     991,220.05


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,414,540.06

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     125,080,923.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          449

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                 324,599.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      301,728.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.58114930 %     6.95937300 %   12.45947730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.53430590 %     6.98851452 %   12.47717960 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1557 %

      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                          8.57549215
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.72

POOL TRADING FACTOR:                                                33.23552325


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                  351.12
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           64,393.67


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


Run:        05/27/97     11:57:49                                    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-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     3,536,206.95     7.500000  %    273,469.63
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     1,364,234.11     7.500000  %     30,385.52
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.143256  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,880,784.78     7.500000  %      3,150.70
B                   5,682,302.33     5,390,380.81     7.500000  %      5,895.42

- -------------------------------------------------------------------------------
                  133,690,335.33    63,663,506.65                    312,901.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        22,084.03    295,553.66             0.00         0.00   3,262,737.32
A-6        26,154.55     26,154.55             0.00         0.00   4,188,000.00
A-7        68,858.67     68,858.67             0.00         0.00  11,026,000.00
A-8       119,113.13    119,113.13             0.00         0.00  19,073,000.00
A-9        75,128.15     75,128.15             0.00         0.00  12,029,900.00
A-10        8,519.80     38,905.32             0.00         0.00   1,333,848.59
A-11       26,073.37     26,073.37             0.00         0.00   4,175,000.00
A-12        7,594.21      7,594.21             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          17,990.84     21,141.54             0.00         0.00   2,877,634.08
B          33,663.57     39,558.99             0.00         0.00   5,384,485.39

- -------------------------------------------------------------------------------
          405,180.32    718,081.59             0.00         0.00  63,350,605.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    237.186059  18.342587     1.481255    19.823842   0.000000    218.843472
A-6   1000.000000   0.000000     6.245117     6.245117   0.000000   1000.000000
A-7   1000.000000   0.000000     6.245118     6.245118   0.000000   1000.000000
A-8   1000.000000   0.000000     6.245118     6.245118   0.000000   1000.000000
A-9   1000.000000   0.000000     6.245118     6.245118   0.000000   1000.000000
A-10   163.871965   3.649912     1.023399     4.673311   0.000000    160.222053
A-11  1000.000000   0.000000     6.245119     6.245119   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      957.697199   1.047429     5.980932     7.028361   0.000000    956.649771
B      948.626190   1.037507     5.924282     6.961789   0.000000    947.588685

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4093 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,368.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,846.43

SUBSERVICER ADVANCES THIS MONTH                                        3,540.99
MASTER SERVICER ADVANCES THIS MONTH                                    2,687.37


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     476,557.13

 (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                                                      63,350,605.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          239

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                 371,197.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      243,272.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.00799560 %     4.52501700 %    8.46698700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.95810490 %     4.54239397 %    8.49950110 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1425 %

      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                          8.09834592
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.94

POOL TRADING FACTOR:                                                47.38607710


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


Run:        05/27/97     11:57:50                                    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-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    38,963,819.00     7.862986  %    441,446.49
R     760944CB2           100.00             0.00     7.862986  %          0.00
B                   3,851,896.47     3,161,742.78     7.862986  %     16,859.13

- -------------------------------------------------------------------------------
                  154,075,839.47    42,125,561.78                    458,305.62
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         254,287.64    695,734.13             0.00         0.00  38,522,372.51
R               0.00          0.00             0.00         0.00           0.00
B          20,634.32     37,493.45             0.00         0.00   3,144,883.65

- -------------------------------------------------------------------------------
          274,921.96    733,227.58             0.00         0.00  41,667,256.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      259.371736   2.938591     1.692725     4.631316   0.000000    256.433145
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      820.827560   4.376839     5.356925     9.733764   0.000000    816.450721

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S1 (POOL # 4094)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4094 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,998.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,437.22

SUBSERVICER ADVANCES THIS MONTH                                        8,487.95
MASTER SERVICER ADVANCES THIS MONTH                                    2,016.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     738,225.88

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,667,256.16

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

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                 175,933.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      233,682.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.49447930 %     7.50552080 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.45238600 %     7.54761400 %

      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                          8.24629858
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.56

POOL TRADING FACTOR:                                                27.04334197


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


Run:        05/27/97     11:57:50                                    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-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    27,840,505.68     8.000000  %  3,119,707.13
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     0.234554  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     5,991,712.99     8.000000  %      6,251.15
M-2   760944CK2     4,813,170.00     4,580,808.31     8.000000  %      4,779.16
M-3   760944CL0     3,208,780.00     3,087,322.33     8.000000  %      3,221.00
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09       820,632.06     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  320,878,029.09    88,255,053.76                  3,133,958.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       182,636.56  3,302,343.69             0.00         0.00  24,720,798.55
A-5       270,104.85    270,104.85             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        16,974.74     16,974.74             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,306.25     45,557.40             0.00         0.00   5,985,461.84
M-2        30,050.57     34,829.73             0.00         0.00   4,576,029.15
M-3        20,253.15     23,474.15             0.00         0.00   3,084,101.33
B-1        42,433.26     42,433.26             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00     814,809.58

- -------------------------------------------------------------------------------
          601,759.38  3,735,717.82             0.00         0.00  85,115,272.84
===============================================================================
_______________________________________________________________________________



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    887.284720  99.425941     5.820678   105.246619   0.000000    787.858779
A-5   1000.000000   0.000000     6.560102     6.560102   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    933.643325   0.974069     6.124796     7.098865   0.000000    932.669256
M-2    951.723772   0.992934     6.243405     7.236339   0.000000    950.730839
M-3    962.148334   1.003808     6.311791     7.315599   0.000000    961.144525
B-1    988.993198   0.000000     8.816073     8.816073   0.000000    988.993198
B-2    511.500212   0.000000     0.000000     0.000000   0.000000    507.871058

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:51                                        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                       23,490.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,143.08

SUBSERVICER ADVANCES THIS MONTH                                       34,114.12
MASTER SERVICER ADVANCES THIS MONTH                                    5,150.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,646,640.14

 (B)  TWO MONTHLY PAYMENTS:                                    2     593,512.92

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     250,022.57


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        860,173.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      85,115,272.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          359

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                 628,043.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,047,704.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.19879170 %    15.47769000 %    6.32351830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.41816050 %    16.03189635 %    6.54994310 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2341 %

      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                          8.68468537
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.05

POOL TRADING FACTOR:                                                26.52574035


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


Run:        05/27/97     11:57:51                                    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-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     5,020,430.56     7.500000  %    165,077.95
A-4   760944BV9    37,600,000.00    18,582,032.32     7.500000  %    134,222.26
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     0.179561  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,563,755.20     7.500000  %      2,724.85
B-1                 3,744,527.00     3,590,146.02     7.500000  %      3,815.73
B-2                   534,817.23       512,767.57     7.500000  %        544.97

- -------------------------------------------------------------------------------
                  106,963,444.23    49,269,131.67                    306,385.76
===============================================================================
_______________________________________________________________________________
                                                                      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        31,229.42    196,307.37             0.00         0.00   4,855,352.61
A-4       115,588.92    249,811.18             0.00         0.00  18,447,810.06
A-5        62,204.67     62,204.67             0.00         0.00  10,000,000.00
A-6        55,984.20     55,984.20             0.00         0.00   9,000,000.00
A-7         7,337.51      7,337.51             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          15,947.75     18,672.60             0.00         0.00   2,561,030.35
B-1        22,332.38     26,148.11             0.00         0.00   3,586,330.29
B-2         3,189.68      3,734.65             0.00         0.00     512,222.60

- -------------------------------------------------------------------------------
          313,814.53    620,200.29             0.00         0.00  48,962,745.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    469.199118  15.427846     2.918637    18.346483   0.000000    453.771272
A-4    494.202987   3.569741     3.074173     6.643914   0.000000    490.633246
A-5   1000.000000   0.000000     6.220467     6.220467   0.000000   1000.000000
A-6   1000.000000   0.000000     6.220467     6.220467   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      958.771578   1.019016     5.964005     6.983021   0.000000    957.752562
B-1    958.771567   1.019015     5.964006     6.983021   0.000000    957.752552
B-2    958.771598   1.019021     5.964019     6.983040   0.000000    957.752614

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:51                                        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                       14,025.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,128.43

SUBSERVICER ADVANCES THIS MONTH                                       10,879.98
MASTER SERVICER ADVANCES THIS MONTH                                    3,910.61


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     965,506.91

 (B)  TWO MONTHLY PAYMENTS:                                    2     503,224.84

 (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                                                      48,962,745.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          187

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                 524,973.66

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      254,020.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.46887300 %     5.20357300 %    8.32755410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.39867290 %     5.23056929 %    8.37075780 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1804 %

      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                          8.15122668
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.08

POOL TRADING FACTOR:                                                45.77521439


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


Run:        05/27/97     11:57:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    33,681,905.14     7.889113  %  1,788,797.81
R     760944BR8           100.00             0.00     7.889113  %          0.00
B                   7,272,473.94     5,480,892.21     7.889113  %          0.00

- -------------------------------------------------------------------------------
                  121,207,887.94    39,162,797.35                  1,788,797.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         216,808.00  2,005,605.81             0.00         0.00  31,893,107.33
R               0.00          0.00             0.00         0.00           0.00
B          34,191.68     34,191.68             0.00     6,100.00   5,475,880.63

- -------------------------------------------------------------------------------
          250,999.68  2,039,797.49             0.00     6,100.00  37,368,987.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      295.623051  15.700117     1.902904    17.603021   0.000000    279.922934
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      753.648931   0.000000     4.701520     4.701520   0.000000    752.959815

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:52                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S4 (POOL # 4097)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4097 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,311.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,004.89

SUBSERVICER ADVANCES THIS MONTH                                       10,876.94
MASTER SERVICER ADVANCES THIS MONTH                                    1,410.19


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     503,961.06

 (B)  TWO MONTHLY PAYMENTS:                                    1     239,234.93

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      91,595.40


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        604,051.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,368,987.96

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

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                 188,573.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,757,999.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          86.00485010 %    13.99514990 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.34645720 %    14.65354280 %

      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                          8.40367619
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.07

POOL TRADING FACTOR:                                                30.83049181



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        05/27/97     11:57:53                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    42,861,454.85     6.909560  %  1,031,374.11
R     760944BK3           100.00             0.00     6.909560  %          0.00
B                  11,897,842.91     9,575,007.00     6.909560  %     11,402.07

- -------------------------------------------------------------------------------
                  153,520,242.91    52,436,461.85                  1,042,776.18
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         243,960.93  1,275,335.04             0.00         0.00  41,830,080.74
R               0.00          0.00             0.00         0.00           0.00
B          54,499.49     65,901.56             0.00         0.00   9,563,604.93

- -------------------------------------------------------------------------------
          298,460.42  1,341,236.60             0.00         0.00  51,393,685.67
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      302.646228   7.282569     1.722617     9.005186   0.000000    295.363659
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      804.768316   0.958331     4.580619     5.538950   0.000000    803.809985

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:53                                        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                       15,377.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,817.79

SPREAD                                                                10,428.88

SUBSERVICER ADVANCES THIS MONTH                                       23,256.46
MASTER SERVICER ADVANCES THIS MONTH                                    1,014.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,642,078.54

 (B)  TWO MONTHLY PAYMENTS:                                    1     651,490.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        976,745.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,393,685.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          176

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                 143,111.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      980,334.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.73979200 %    18.26020800 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.39147870 %    18.60852130 %

      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                          7.63152953
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.13

POOL TRADING FACTOR:                                                33.47681367


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


Run:        05/27/97     11:57:53                                    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-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     1,112,867.99     8.000000  %    221,112.95
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    25,424,964.32     8.000000  %    492,154.63
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     7,399,858.67     8.000000  %          0.00
A-8   760944ER5    18,394,000.00             0.00     8.000000  %          0.00
A-9   760944EX2     7,607,000.00     7,526,669.11     8.000000  %     79,252.29
A-10  760944EV6    40,000,000.00    11,579,045.56     8.000000  %    121,921.91
A-11  760944EF1     2,607,000.00       533,141.33     8.000000  %     49,231.24
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     0.223199  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,128,850.58     8.000000  %      9,172.84
M-2   760944EZ7     4,032,382.00     3,864,711.16     8.000000  %      3,883.33
M-3   760944FA1     2,419,429.00     2,340,146.21     8.000000  %      2,351.42
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66       663,003.81     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,590,531.66   107,774,381.29                    979,080.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         7,403.91    228,516.86             0.00         0.00     891,755.04
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       169,152.22    661,306.85             0.00         0.00  24,932,809.69
A-6       156,990.12    156,990.12             0.00         0.00  23,596,900.00
A-7             0.00          0.00        49,231.24         0.00   7,449,089.91
A-8             0.00          0.00             0.00         0.00           0.00
A-9        50,074.91    129,327.20             0.00         0.00   7,447,416.82
A-10       77,035.36    198,957.27             0.00         0.00  11,457,123.65
A-11        3,546.99     52,778.23             0.00         0.00     483,910.09
A-12       25,846.89     25,846.89             0.00         0.00   3,885,000.00
A-13       38,500.90     38,500.90             0.00         0.00   5,787,000.00
A-14       20,004.86     20,004.86             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,734.21     69,907.05             0.00         0.00   9,119,677.74
M-2        51,423.15     55,306.48             0.00         0.00   3,860,827.83
M-3        31,137.56     33,488.98             0.00         0.00   2,337,794.79
B-1         1,567.40      1,567.40             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00         0.00     657,381.61

- -------------------------------------------------------------------------------
          693,418.48  1,672,499.09        49,231.24         0.00 106,838,909.72
===============================================================================







































Run:        05/27/97     11:57:53
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     21.134685   4.199198     0.140609     4.339807   0.000000     16.935488
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    657.604540  12.729344     4.375041    17.104385   0.000000    644.875196
A-6   1000.000000   0.000000     6.652998     6.652998   0.000000   1000.000000
A-7   1389.383903   0.000000     0.000000     0.000000   9.243567   1398.627471
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    989.439872  10.418337     6.582741    17.001078   0.000000    979.021535
A-10   289.476139   3.048048     1.925884     4.973932   0.000000    286.428091
A-11   204.503771  18.884250     1.360564    20.244814   0.000000    185.619521
A-12  1000.000000   0.000000     6.652996     6.652996   0.000000   1000.000000
A-13  1000.000000   0.000000     6.652998     6.652998   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    943.266736   0.947812     6.275550     7.223362   0.000000    942.318924
M-2    958.418910   0.963036    12.752549    13.715585   0.000000    957.455874
M-3    967.230785   0.971890    12.869797    13.841687   0.000000    966.258894
B-1    986.414326   0.000000     0.313470     0.313470   0.000000    986.414326
B-2    456.721876   0.000000     0.000000     0.000000   0.000000    452.848924

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:54                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S6 (POOL # 4099)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4099 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,708.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,669.88

SUBSERVICER ADVANCES THIS MONTH                                       37,042.35
MASTER SERVICER ADVANCES THIS MONTH                                      683.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,914,755.94

 (B)  TWO MONTHLY PAYMENTS:                                    1     137,355.54

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     312,132.66


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,396,964.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     106,838,909.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          409

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                  87,635.21

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      827,177.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.58078920 %    14.22760000 %    5.19161080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.43044000 %    14.33775429 %    5.23180570 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2211 %

      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                          8.71214082
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.91

POOL TRADING FACTOR:                                                33.11904698


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


Run:        05/27/97     11:57:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     3,563,592.92     6.337500  %    129,871.39
A-4   760944DE5             0.00             0.00     3.662500  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    25,454,236.66     7.150000  %    927,652.88
A-7   760944DY1     1,986,000.00       897,755.14     7.500000  %     32,717.74
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     3,897,755.15     7.500000  %     32,717.74
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     0.326436  %          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     2,784,105.36     7.500000  %     14,696.58
M-2   760944EB0     6,051,700.00     5,093,224.57     7.500000  %     26,885.83
B                   1,344,847.83       872,579.23     7.500000  %      4,606.12

- -------------------------------------------------------------------------------
                  268,959,047.83    73,645,249.03                  1,169,148.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        18,723.32    148,594.71             0.00         0.00   3,433,721.53
A-4        10,820.38     10,820.38             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       150,883.88  1,078,536.76             0.00         0.00  24,526,583.78
A-7         5,582.08     38,299.82             0.00         0.00     865,037.40
A-8       193,262.21    193,262.21             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       24,235.53     56,953.27             0.00         0.00   3,865,037.41
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       19,930.57     19,930.57             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        17,311.06     32,007.64             0.00         0.00   2,769,408.78
M-2        31,668.74     58,554.57             0.00         0.00   5,066,338.74
B           5,425.52     10,031.64             0.00         0.00     867,973.11

- -------------------------------------------------------------------------------
          477,843.29  1,646,991.57             0.00         0.00  72,476,100.75
===============================================================================









































Run:        05/27/97     11:57:54
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     84.528689   3.080559     0.444119     3.524678   0.000000     81.448130
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    452.041868  16.474190     2.679547    19.153737   0.000000    435.567678
A-7    452.041863  16.474189     2.810715    19.284904   0.000000    435.567674
A-8   1000.000000   0.000000     6.217818     6.217818   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   104.037239   0.873288     0.646885     1.520173   0.000000    103.163951
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    827.986724   4.370730     5.148271     9.519001   0.000000    823.615994
M-2    841.618813   4.442690     5.233032     9.675722   0.000000    837.176122
B      648.831199   3.424997     4.034315     7.459312   0.000000    645.406187

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S7 (POOL # 4100)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4100 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,727.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,915.44

SUBSERVICER ADVANCES THIS MONTH                                       25,743.85
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,625,153.14

 (B)  TWO MONTHLY PAYMENTS:                                    1     504,162.78

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        196,597.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      72,476,100.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          321

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      780,393.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.11884100 %    10.69631800 %    1.18484120 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.99090940 %    10.81149157 %    1.19759910 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3264 %

      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                          8.22545456
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.00

POOL TRADING FACTOR:                                                26.94689074


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


Run:        05/27/97     11:57:55                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    29,498,057.90     7.826324  %    503,902.59
R     760944DC9           100.00             0.00     7.826324  %          0.00
B                   6,746,402.77     5,183,542.16     7.826324  %     46,974.52

- -------------------------------------------------------------------------------
                  112,439,802.77    34,681,600.06                    550,877.11
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         191,065.05    694,967.64             0.00         0.00  28,994,155.31
R               0.00          0.00             0.00         0.00           0.00
B          33,574.89     80,549.41             0.00        27.62   5,136,540.03

- -------------------------------------------------------------------------------
          224,639.94    775,517.05             0.00        27.62  34,130,695.34
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      279.091086   4.767593     1.807731     6.575324   0.000000    274.323494
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      768.341639   6.962899     4.976708    11.939607   0.000000    761.374647

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:55                                        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                        9,854.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,579.24

SUBSERVICER ADVANCES THIS MONTH                                        5,024.29
MASTER SERVICER ADVANCES THIS MONTH                                    2,227.84


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     219,444.98

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        463,068.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,130,695.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          116

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                 301,619.82

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      236,426.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      281,388.46

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.05391290 %    14.94608710 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             84.95037980 %    15.04962020 %

      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                          8.31926073
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.96

POOL TRADING FACTOR:                                                30.35463821


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


Run:        05/27/97     11:57:56                                    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-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     6,013,578.38     6.000000  %    742,499.83
A-4   760944EL8        10,000.00         2,029.89  2969.500000  %        250.63
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     6.437500  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     8.312499  %          0.00
A-9   760944EK0             0.00             0.00     0.211797  %          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     3,587,284.54     7.000000  %     19,710.33
B-2                   677,492.20       551,752.17     7.000000  %      3,031.61

- -------------------------------------------------------------------------------
                  135,502,292.20    69,357,692.55                    765,492.40
===============================================================================
_______________________________________________________________________________
                                                                      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        29,919.46    772,419.29             0.00         0.00   5,271,078.55
A-4         4,998.33      5,248.96             0.00         0.00       1,779.26
A-5       195,032.45    195,032.45             0.00         0.00  33,600,000.00
A-6       121,024.60    121,024.60             0.00         0.00  20,850,000.00
A-7        17,760.57     17,760.57             0.00         0.00   3,327,133.30
A-8         9,828.67      9,828.67             0.00         0.00   1,425,914.27
A-9        12,181.01     12,181.01             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        20,822.53     40,532.86             0.00         0.00   3,567,574.21
B-2         3,202.70      6,234.31             0.00         0.00     548,720.56

- -------------------------------------------------------------------------------
          414,770.32  1,180,262.72             0.00         0.00  68,592,200.15
===============================================================================
_______________________________________________________________________________



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    336.895147  41.596629     1.676160    43.272789   0.000000    295.298518
A-4    202.989000  25.063000   499.833000   524.896000   0.000000    177.926000
A-5   1000.000000   0.000000     5.804537     5.804537   0.000000   1000.000000
A-6   1000.000000   0.000000     5.804537     5.804537   0.000000   1000.000000
A-7     94.569568   0.000000     0.504822     0.504822   0.000000     94.569568
A-8     94.569568   0.000000     0.651858     0.651858   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    814.403501   4.474739     4.727236     9.201975   0.000000    809.928762
B-2    814.403723   4.474738     4.727228     9.201966   0.000000    809.928970

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:56                                        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                       16,615.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,479.81

SUBSERVICER ADVANCES THIS MONTH                                        8,549.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     677,505.51

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (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                                                      68,592,200.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          314

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      384,406.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.03233220 %     5.96766780 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.99888800 %     6.00111200 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2128 %

      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                          7.62678470
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.28

POOL TRADING FACTOR:                                                50.62069360


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


Run:        05/27/97     11:57:57                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    18,421,448.43     8.150000  %    257,302.55
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     2,592,331.36     8.500000  %     25,730.26
A-10  760944FD5             0.00             0.00     0.147469  %          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     3,089,172.33     8.500000  %      2,718.68
M-2   760944CY2     2,016,155.00     1,880,042.14     8.500000  %      1,654.56
M-3   760944EE4     1,344,103.00     1,264,051.27     8.500000  %      1,112.45
B-1                 2,016,155.00     1,982,564.84     8.500000  %          0.00
B-2                   672,055.59       114,397.92     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  134,410,378.59    36,845,872.29                    288,518.50
===============================================================================
_______________________________________________________________________________
                                                                      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       125,046.10    382,348.65             0.00         0.00  18,164,145.88
A-6         5,370.08      5,370.08             0.00         0.00           0.00
A-7        51,166.30     51,166.30             0.00         0.00   7,500,864.00
A-8         1,943.78      1,943.78             0.00         0.00       1,000.00
A-9        18,352.63     44,082.89             0.00         0.00   2,566,601.10
A-10        4,525.63      4,525.63             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        21,870.06     24,588.74             0.00         0.00   3,086,453.65
M-2        13,309.92     14,964.48             0.00         0.00   1,878,387.58
M-3         8,948.96     10,061.41             0.00         0.00   1,262,938.82
B-1        15,153.95     15,153.95             0.00         0.00   1,982,564.84
B-2             0.00          0.00             0.00         0.00     112,552.45

- -------------------------------------------------------------------------------
          265,687.41    554,205.91             0.00         0.00  36,555,508.32
===============================================================================













































Run:        05/27/97     11:57:57
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    893.984686  12.486778     6.068432    18.555210   0.000000    881.497907
A-7   1000.000000   0.000000     6.821388     6.821388   0.000000   1000.000000
A-8   1000.000000   0.000000  1943.780000  1943.780000   0.000000   1000.000000
A-9    497.302376   4.935989     3.520694     8.456683   0.000000    492.366387
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    919.325662   0.809069     6.508445     7.317514   0.000000    918.516594
M-2    932.488891   0.820651     6.601635     7.422286   0.000000    931.668240
M-3    940.442265   0.827652     6.657942     7.485594   0.000000    939.614613
B-1    983.339495   0.000000     7.516262     7.516262   0.000000    983.339495
B-2    170.220919   0.000000     0.000000     0.000000   0.000000    167.474911

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:57                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S10 (POOL # 4103)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4103 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,400.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,891.22

SUBSERVICER ADVANCES THIS MONTH                                       30,422.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,736,880.79

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (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                                                      36,555,508.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          147

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      257,937.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.39169140 %    16.91713400 %    5.69117420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.23216630 %    17.03650239 %    5.73133130 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1459 %

      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                          9.07757981
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.74

POOL TRADING FACTOR:                                                27.19693874


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


Run:        05/30/97     10:51:41                                    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    28,690,213.92     7.470000  %     81,657.66
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    63,727,044.35                     81,657.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       153,294.54    234,952.20             0.00         0.00  28,608,556.26
A-2       187,205.12    187,205.12             0.00         0.00  35,036,830.43
S-1         2,209.60      2,209.60             0.00         0.00           0.00
S-2        10,630.79     10,630.79             0.00         0.00           0.00
S-3         1,406.83      1,406.83             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          354,746.88    436,404.54             0.00         0.00  63,645,386.69
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    867.088187   2.467893     4.632935     7.100828   0.000000    864.620293
A-2   1000.000000   0.000000     5.343095     5.343095   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       27-May-97      
DISTRIBUTION DATE        30-May-97      

Run:     05/30/97     10:51:41                                        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                     1,593.18

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                                                      63,645,386.69

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               3,353,510.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                93.42451624


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


Run:        05/27/97     11:57:58                                    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     9,286,920.93    10.000000  %     74,079.27
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    32,363,367.80     7.250000  %    592,634.18
A-6   7609208K7    48,625,000.00     8,090,841.91     6.437500  %    148,158.55
A-7   7609208L5             0.00             0.00     3.562500  %          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     0.163853  %          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     8,159,156.50     8.000000  %      7,857.15
M-2   7609208S0     5,252,983.00     4,976,307.49     8.000000  %      4,792.11
M-3   7609208T8     3,501,988.00     3,348,084.88     8.000000  %      3,224.16
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,031,668.69     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  350,198,858.34   124,806,289.09                    830,745.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        77,102.62    151,181.89             0.00         0.00   9,212,841.66
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       194,800.07    787,434.25             0.00         0.00  31,770,733.62
A-6        43,242.26    191,400.81             0.00         0.00   7,942,683.36
A-7        23,930.18     23,930.18             0.00         0.00           0.00
A-8        43,148.11     43,148.11             0.00         0.00   6,663,000.00
A-9       230,537.72    230,537.72             0.00         0.00  35,600,000.00
A-10       65,742.10     65,742.10             0.00         0.00  10,152,000.00
A-11       16,978.06     16,978.06             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        54,191.69     62,048.84             0.00         0.00   8,151,299.35
M-2        33,051.76     37,843.87             0.00         0.00   4,971,515.38
M-3        22,237.40     25,461.56             0.00         0.00   3,344,860.72
B-1        46,895.87     46,895.87             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,025,730.34

- -------------------------------------------------------------------------------
          851,857.84  1,682,603.26             0.00         0.00 123,969,605.32
===============================================================================











































Run:        05/27/97     11:57:58
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    314.235668   2.506573     2.608873     5.115446   0.000000    311.729095
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    546.235616  10.002602     3.287876    13.290478   0.000000    536.233014
A-6    166.392636   3.046962     0.889301     3.936263   0.000000    163.345673
A-8   1000.000000   0.000000     6.475778     6.475778   0.000000   1000.000000
A-9   1000.000000   0.000000     6.475779     6.475779   0.000000   1000.000000
A-10  1000.000000   0.000000     6.475778     6.475778   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    931.945577   0.897450     6.189819     7.087269   0.000000    931.048127
M-2    947.329830   0.912265     6.291998     7.204263   0.000000    946.417565
M-3    956.052642   0.920666     6.349936     7.270602   0.000000    955.131977
B-1    977.528557   0.000000     8.927474     8.927474   0.000000    977.528557
B-2    589.189855   0.000000     0.000000     0.000000   0.000000    585.798441

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:58                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S11 (POOL # 4104)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4104 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,143.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,989.13

SUBSERVICER ADVANCES THIS MONTH                                       45,720.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,121,702.87

 (B)  TWO MONTHLY PAYMENTS:                                    3     561,960.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     797,749.39


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,423,542.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     123,969,605.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          477

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      716,497.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.85174910 %    13.20730600 %    4.94094460 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.74685910 %    13.28363949 %    4.96950140 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1629 %

      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                          8.64639216
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.02

POOL TRADING FACTOR:                                                35.39977426


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


Run:        05/27/97     11:57:59                                    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     8,780,581.10     7.500000  %    596,412.89
A-6   760944GG7    20,505,000.00     8,182,412.98     7.000000  %    555,782.87
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       923,538.10     7.500000  %    155,634.14
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    24,901,461.90     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     1,636,482.62     6.387500  %    111,156.57
A-14  760944GU6             0.00             0.00     3.612500  %          0.00
A-15  760944GV4             0.00             0.00     0.162585  %          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     7,732,936.11     7.500000  %      8,170.17
M-2   760944GX0     3,698,106.00     3,519,241.04     7.500000  %      3,718.22
M-3   760944GY8     2,218,863.00     2,124,566.17     7.500000  %      2,244.69
B-1                 4,437,728.00     4,318,634.31     7.500000  %          0.00
B-2                 1,479,242.76     1,182,819.21     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  295,848,488.76   129,852,673.54                  1,433,119.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        54,584.24    650,997.13             0.00         0.00   8,184,168.21
A-6        47,474.70    603,257.57             0.00         0.00   7,626,630.11
A-7       143,923.77    143,923.77             0.00         0.00  23,152,000.00
A-8        62,164.73     62,164.73             0.00         0.00  10,000,000.00
A-9         5,741.14    161,375.28             0.00         0.00     767,903.96
A-10       21,154.66     21,154.66             0.00         0.00   3,403,000.00
A-11      186,463.09    186,463.09             0.00         0.00  29,995,000.00
A-12            0.00          0.00       155,634.14         0.00  25,057,096.04
A-13        8,664.13    119,820.70             0.00         0.00   1,525,326.05
A-14        4,900.06      4,900.06             0.00         0.00           0.00
A-15       17,520.16     17,520.16             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        48,129.76     56,299.93             0.00         0.00   7,724,765.94
M-2        21,903.74     25,621.96             0.00         0.00   3,515,522.82
M-3        17,323.89     19,568.58             0.00         0.00   2,122,321.48
B-1        35,952.93     35,952.93             0.00         0.00   4,318,634.31
B-2             0.00          0.00             0.00         0.00   1,177,006.70

- -------------------------------------------------------------------------------
          675,901.00  2,109,020.55       155,634.14         0.00 128,569,375.62
===============================================================================



































Run:        05/27/97     11:57:59
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    399.044769  27.104749     2.480651    29.585400   0.000000    371.940021
A-6    399.044769  27.104749     2.315274    29.420023   0.000000    371.940020
A-7   1000.000000   0.000000     6.216472     6.216472   0.000000   1000.000000
A-8   1000.000000   0.000000     6.216473     6.216473   0.000000   1000.000000
A-9    123.550247  20.820621     0.768045    21.588666   0.000000    102.729627
A-10  1000.000000   0.000000     6.216474     6.216474   0.000000   1000.000000
A-11  1000.000000   0.000000     6.216472     6.216472   0.000000   1000.000000
A-12  1357.027896   0.000000     0.000000     0.000000   8.481425   1365.509321
A-13    69.551729   4.724237     0.368232     5.092469   0.000000     64.827492
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    950.418438   1.004157     5.915400     6.919557   0.000000    949.414282
M-2    951.633360   1.005439     5.922962     6.928401   0.000000    950.627921
M-3    957.502185   1.011640     7.807553     8.819193   0.000000    956.490545
B-1    973.163364   0.000000     8.101652     8.101652   0.000000    973.163364
B-2    799.611289   0.000000     0.000000     0.000000   0.000000    795.681907

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S12 (POOL # 4105)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4105 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       47,414.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,573.93

SUBSERVICER ADVANCES THIS MONTH                                       28,919.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,215,717.92

 (B)  TWO MONTHLY PAYMENTS:                                    1     233,553.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     366,537.15


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,123,025.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,569,375.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          492

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,146,103.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.46183430 %    10.30147700 %    4.23668870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.33223700 %    10.39330725 %    4.27445570 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1621 %

      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                          8.22791337
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.57

POOL TRADING FACTOR:                                                43.45784430


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


Run:        05/27/97     11:58:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944FP8    22,000,000.00             0.00     6.477270  %          0.00
A-2   760944FL7     3,692,298.00             0.00     5.250000  %          0.00
A-3   760944FM5     3,391,307.00             0.00     5.500000  %          0.00
A-4   760944FS2    15,000,000.00             0.00     7.228260  %          0.00
A-5   760944FJ2    18,249,728.00     1,995,517.65     6.437500  %    395,554.45
A-6   760944FK9             0.00             0.00     2.062500  %          0.00
A-7   760944FN3     6,666,667.00     1,596,414.29     6.250000  %    316,443.59
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     0.277058  %          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     1,889,498.47     7.500000  %     10,050.35
M-2   760944FW3     4,582,565.00     3,795,755.63     7.500000  %     20,189.85
B-1                   458,256.00       379,696.80     7.500000  %      2,019.63
B-2                   917,329.35       664,972.26     7.500000  %      3,537.03

- -------------------------------------------------------------------------------
                  183,302,633.35    59,821,856.10                    747,794.90
===============================================================================
_______________________________________________________________________________
                                                                      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        10,648.28    406,202.73             0.00         0.00   1,599,963.20
A-6         3,411.59      3,411.59             0.00         0.00           0.00
A-7         8,270.51    324,714.10             0.00         0.00   1,279,970.70
A-8       202,046.44    202,046.44             0.00         0.00  32,500,001.00
A-9        64,817.89     64,817.89             0.00         0.00  12,000,000.00
A-10       39,787.60     39,787.60             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        1,080.30      1,080.30             0.00         0.00     200,000.00
A-15       13,738.45     13,738.45             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        11,746.66     21,797.01             0.00         0.00   1,879,448.12
M-2        23,597.50     43,787.35             0.00         0.00   3,775,565.78
B-1         2,360.51      4,380.14             0.00         0.00     377,677.17
B-2         4,134.02      7,671.05             0.00         0.00     661,435.23

- -------------------------------------------------------------------------------
          385,639.75  1,133,434.65             0.00         0.00  59,074,061.20
===============================================================================





































Run:        05/27/97     11:58:00
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S13 (POOL # 4106)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4106 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    109.345063  21.674539     0.583476    22.258015   0.000000     87.670523
A-7    239.462132  47.466536     1.240576    48.707112   0.000000    191.995595
A-8   1000.000000   0.000000     6.216813     6.216813   0.000000   1000.000000
A-9   1000.000000   0.000000     5.401491     5.401491   0.000000   1000.000000
A-10   120.000000   0.000000     0.994690     0.994690   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     5.401500     5.401500   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    824.646844   4.386344     5.126676     9.513020   0.000000    820.260501
M-2    828.303719   4.405797     5.149409     9.555206   0.000000    823.897922
B-1    828.569184   4.407209     5.151073     9.558282   0.000000    824.161975
B-2    724.900233   3.855791     4.506571     8.362362   0.000000    721.044443

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:00                                        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                       15,891.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,462.67

SUBSERVICER ADVANCES THIS MONTH                                       11,931.97
MASTER SERVICER ADVANCES THIS MONTH                                    3,840.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     964,046.15

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      90,986.25


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      59,074,061.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          275

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 339,014.82

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      429,598.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.75005960 %     9.50364000 %    1.74630000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.66824770 %     9.57275289 %    1.75899940 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2789 %

      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                          8.22723804
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.22

POOL TRADING FACTOR:                                                32.22761186


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


Run:        05/27/97     11:58:01                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    21,349,870.86     7.500000  %    364,544.10
A-7   760944HD3    36,855,000.00    24,115,774.48     7.000000  %    411,771.27
A-8   760944HW1    29,999,000.00     4,822,788.36    10.000190  %     82,347.99
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    19,341,013.01     7.500000  %    330,255.14
A-16  760944HM3             0.00             0.00     0.294825  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,603,248.79     7.500000  %     37,773.86
M-2   760944HT8     6,032,300.00     5,745,186.19     7.500000  %     17,219.20
M-3   760944HU5     3,619,400.00     3,473,241.52     7.500000  %     10,409.84
B-1                 4,825,900.00     4,665,788.34     7.500000  %     13,984.08
B-2                 2,413,000.00     2,358,480.75     7.500000  %          0.00
B-3                 2,412,994.79     1,818,650.14     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  482,582,094.79   205,411,042.44                  1,268,305.48
===============================================================================
_______________________________________________________________________________
                                                                      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       133,097.39    497,641.49             0.00         0.00  20,985,326.76
A-7       140,317.64    552,088.91             0.00         0.00  23,704,003.21
A-8        40,088.47    122,436.46             0.00         0.00   4,740,440.37
A-9       594,521.90    594,521.90             0.00         0.00  95,366,000.00
A-10       52,154.54     52,154.54             0.00         0.00   8,366,000.00
A-11        8,634.24      8,634.24             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      120,573.95    450,829.09             0.00         0.00  19,010,757.87
A-16       50,338.52     50,338.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        78,570.00    116,343.86             0.00         0.00  12,565,474.93
M-2        35,816.10     53,035.30             0.00         0.00   5,727,966.99
M-3        21,652.56     32,062.40             0.00         0.00   3,462,831.68
B-1        29,087.03     43,071.11             0.00         0.00   4,651,804.26
B-2        20,443.53     20,443.53             0.00         0.00   2,358,480.75
B-3             0.00          0.00             0.00         0.00   1,806,130.64

- -------------------------------------------------------------------------------
        1,325,295.87  2,593,601.35             0.00         0.00 204,130,217.46
===============================================================================

































Run:        05/27/97     11:58:01
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    654.342003  11.172738     4.079238    15.251976   0.000000    643.169264
A-7    654.342002  11.172738     3.807289    14.980027   0.000000    643.169264
A-8    160.764971   2.745025     1.336327     4.081352   0.000000    158.019946
A-9   1000.000000   0.000000     6.234108     6.234108   0.000000   1000.000000
A-10  1000.000000   0.000000     6.234107     6.234107   0.000000   1000.000000
A-11  1000.000000   0.000000     6.234108     6.234108   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   654.318922  11.172744     4.079094    15.251838   0.000000    643.146178
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    949.647650   2.846239     5.920205     8.766444   0.000000    946.801411
M-2    952.403924   2.854500     5.937387     8.791887   0.000000    949.549424
M-3    959.618036   2.876123     5.982362     8.858485   0.000000    956.741913
B-1    966.822425   2.897714     6.027276     8.924990   0.000000    963.924710
B-2    977.406030   0.000000     8.472246     8.472246   0.000000    977.406030
B-3    753.690040   0.000000     0.000000     0.000000   0.000000    748.501674

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4107 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       58,982.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,558.76

SUBSERVICER ADVANCES THIS MONTH                                       63,874.29
MASTER SERVICER ADVANCES THIS MONTH                                    6,506.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,562,983.49

 (B)  TWO MONTHLY PAYMENTS:                                    4     888,623.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     585,029.16


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      3,547,429.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     204,130,217.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          739

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                 850,163.37

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      665,176.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.07159330 %    10.62341900 %    4.30498730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.02294780 %    10.65803675 %    4.31901550 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2956 %

      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                          8.26824578
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.87

POOL TRADING FACTOR:                                                42.29958377


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


Run:        05/27/97     11:58:02                                    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-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     7,921,599.71     5.600000  %  1,209,354.65
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    12,073,412.97     6.437500  %    916,409.68
A-11  760944JE9             0.00             0.00     2.062500  %          0.00
A-12  760944JN9     2,200,013.00       614,154.54     7.500000  %     26,844.78
A-13  760944JP4     9,999,984.00     2,791,573.24     9.500000  %    122,020.04
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     6.559000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.234800  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.310291  %          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     4,787,226.12     7.000000  %     25,174.78
M-2   760944JK5     5,050,288.00     4,278,229.34     7.000000  %     22,498.09
B-1                 1,442,939.00     1,265,886.51     7.000000  %      6,656.97
B-2                   721,471.33       271,746.74     7.000000  %      1,429.03

- -------------------------------------------------------------------------------
                  288,587,914.33   123,002,525.16                  2,330,388.02
===============================================================================
_______________________________________________________________________________
                                                                      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        36,571.53  1,245,926.18             0.00         0.00   6,712,245.06
A-4        50,941.96     50,941.96             0.00         0.00  10,298,695.00
A-5       220,941.31    220,941.31             0.00         0.00  40,000,000.00
A-6        66,771.38     66,771.38             0.00         0.00  11,700,000.00
A-7         7,336.90      7,336.90             0.00         0.00           0.00
A-8       102,446.20    102,446.20             0.00         0.00  18,141,079.00
A-9         2,301.06      2,301.06             0.00         0.00      10,000.00
A-10       64,075.12    980,484.80             0.00         0.00  11,157,003.29
A-11       20,528.92     20,528.92             0.00         0.00           0.00
A-12        3,797.36     30,642.14             0.00         0.00     587,309.76
A-13       21,863.25    143,883.29             0.00         0.00   2,669,553.20
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       35,256.94     35,256.94             0.00         0.00   6,520,258.32
A-17       15,808.91     15,808.91             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       31,464.83     31,464.83             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        27,626.39     52,801.17             0.00         0.00   4,762,051.34
M-2        24,689.04     47,187.13             0.00         0.00   4,255,731.25
B-1         7,305.25     13,962.22             0.00         0.00   1,259,229.54
B-2         1,568.20      2,997.23             0.00         0.00     270,317.71

- -------------------------------------------------------------------------------
          741,294.58  3,071,682.60             0.00         0.00 120,672,137.14
===============================================================================





























Run:        05/27/97     11:58:02
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    333.974420  50.986358     1.541855    52.528213   0.000000    282.988062
A-4   1000.000000   0.000000     4.946448     4.946448   0.000000   1000.000000
A-5   1000.000000   0.000000     5.523533     5.523533   0.000000   1000.000000
A-6   1000.000000   0.000000     5.706956     5.706956   0.000000   1000.000000
A-8   1000.000000   0.000000     5.647194     5.647194   0.000000   1000.000000
A-9   1000.000000   0.000000   230.106000   230.106000   0.000000   1000.000000
A-10   379.827116  28.830062     2.015790    30.845852   0.000000    350.997053
A-12   279.159505  12.202101     1.726063    13.928164   0.000000    266.957404
A-13   279.157771  12.202024     2.186328    14.388352   0.000000    266.955747
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     0.897902     0.897902   0.000000    166.053934
A-17   211.173371   0.000000     1.433621     1.433621   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    829.385456   4.361523     4.786264     9.147787   0.000000    825.023933
M-2    847.125815   4.454813     4.888640     9.343453   0.000000    842.671002
B-1    877.297315   4.613480     5.062757     9.676237   0.000000    872.683835
B-2    376.656325   1.980716     2.173628     4.154344   0.000000    374.675609

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:03                                        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                       33,327.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,190.01

SUBSERVICER ADVANCES THIS MONTH                                       25,238.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,854,584.50

 (B)  TWO MONTHLY PAYMENTS:                                    2     442,646.48

 (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                                                     120,672,137.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          533

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,683,549.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.37977970 %     7.37013800 %    1.25008270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.25951520 %     7.47296170 %    1.26752310 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3107 %

      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                          7.76449307
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.73

POOL TRADING FACTOR:                                                41.81468840


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


Run:        05/30/97     10:51:42                                    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    28,262,693.00     7.470000  %    106,638.86
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    52,331,213.58                    106,638.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       175,424.74    282,063.60             0.00         0.00  28,156,054.14
A-2       149,391.78    149,391.78             0.00         0.00  24,068,520.58
S-1         3,810.21      3,810.21             0.00         0.00           0.00
S-2         6,394.39      6,394.39             0.00         0.00           0.00
S-3         3,389.78      3,389.78             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          338,410.90    445,049.76             0.00         0.00  52,224,574.72
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    885.894524   3.342597     5.498691     8.841288   0.000000    882.551927
A-2   1000.000000   0.000000     6.206936     6.206936   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       27-May-97      
DISTRIBUTION DATE        30-May-97      

Run:     05/30/97     10:51:42                                        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                     1,308.28

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                                                      52,224,574.72

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               3,767,156.57

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:                                                93.30545405


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


Run:        05/27/97     11:58:03                                    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-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    14,886,704.50     7.000000  %    444,640.12
A-2   760944KV9    20,040,000.00    10,380,869.80     7.000000  %    121,738.17
A-3   760944KS6    30,024,000.00    15,552,656.46     6.000000  %    182,388.56
A-4   760944LF3    10,008,000.00     5,184,218.80    10.000000  %     60,796.19
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     0.239069  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,682,479.70     7.000000  %      6,478.23
M-2   760944LC0     2,689,999.61     2,585,853.36     7.000000  %      2,947.97
M-3   760944LD8     1,613,999.76     1,551,512.02     7.000000  %      1,768.78
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       887,341.46     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  215,199,968.62   149,925,484.28                    820,758.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        86,697.13    531,337.25             0.00         0.00  14,442,064.38
A-2        60,456.06    182,194.23             0.00         0.00  10,259,131.63
A-3        77,636.14    260,024.70             0.00         0.00  15,370,267.90
A-4        43,131.19    103,927.38             0.00         0.00   5,123,422.61
A-5       130,051.19    130,051.19             0.00         0.00  22,331,000.00
A-6       106,435.70    106,435.70             0.00         0.00  18,276,000.00
A-7       197,397.56    197,397.56             0.00         0.00  33,895,000.00
A-8        81,766.10     81,766.10             0.00         0.00  14,040,000.00
A-9         9,085.12      9,085.12             0.00         0.00   1,560,000.00
A-10       29,819.95     29,819.95             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        33,093.60     39,571.83             0.00         0.00   5,676,001.47
M-2        21,855.13     24,803.10             0.00         0.00   2,582,905.39
M-3        27,061.27     28,830.05             0.00         0.00   1,549,743.24
B-1         3,028.46      3,028.46             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     882,782.24

- -------------------------------------------------------------------------------
          907,514.60  1,728,272.62             0.00         0.00 149,100,167.04
===============================================================================













































Run:        05/27/97     11:58:03
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    296.748884   8.863376     1.728205    10.591581   0.000000    287.885508
A-2    518.007475   6.074759     3.016769     9.091528   0.000000    511.932716
A-3    518.007476   6.074759     2.585803     8.660562   0.000000    511.932717
A-4    518.007474   6.074759     4.309671    10.384430   0.000000    511.932715
A-5   1000.000000   0.000000     5.823796     5.823796   0.000000   1000.000000
A-6   1000.000000   0.000000     5.823796     5.823796   0.000000   1000.000000
A-7   1000.000000   0.000000     5.823796     5.823796   0.000000   1000.000000
A-8   1000.000000   0.000000     5.823796     5.823796   0.000000   1000.000000
A-9   1000.000000   0.000000     5.823795     5.823795   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.202740   1.094665     5.592024     6.686689   0.000000    959.108075
M-2    961.283916   1.095900     8.124585     9.220485   0.000000    960.188017
M-3    961.283922   1.095899    16.766589    17.862488   0.000000    960.188024
B-1    963.316956   0.000000     1.407277     1.407277   0.000000    963.316956
B-2    965.418722   0.000000     0.000000     0.000000   0.000000    965.418722
B-3    824.666907   0.000000     0.000000     0.000000   0.000000    820.429713

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4109 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       33,697.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,876.98

SUBSERVICER ADVANCES THIS MONTH                                       17,638.95
MASTER SERVICER ADVANCES THIS MONTH                                    3,400.92


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,963,922.86

 (B)  TWO MONTHLY PAYMENTS:                                    1     229,998.11

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        213,787.48

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     149,100,167.04

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          533

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                 495,568.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      654,396.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.78273130 %     6.54981700 %    2.66745150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.74227700 %     6.57856413 %    2.67915890 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2394 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,722.00
      FRAUD AMOUNT AVAILABLE                              813,516.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,277,559.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.63610276
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.05

POOL TRADING FACTOR:                                                69.28447434


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


Run:        05/27/97     11:58:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     7,943,156.24     5.650000  %    690,186.34
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    15,903,998.35     6.287500  %    372,674.03
A-8   760944KE7             0.00             0.00    12.850000  %          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     6,764,658.20     7.000000  %     53,929.42
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     0.140740  %          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     3,404,768.14     7.000000  %     18,100.95
M-2   760944KM9     2,343,800.00     1,964,767.10     7.000000  %     10,445.40
M-3   760944MF2     1,171,900.00       988,706.75     7.000000  %      5,256.32
B-1                 1,406,270.00     1,215,013.00     7.000000  %      6,459.44
B-2                   351,564.90       137,021.54     7.000000  %        728.46

- -------------------------------------------------------------------------------
                  234,376,334.90   104,316,089.32                  1,157,780.36
===============================================================================
_______________________________________________________________________________
                                                                      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        37,285.82    727,472.16             0.00         0.00   7,252,969.90
A-4        37,416.56     37,416.56             0.00         0.00   7,444,000.00
A-5       150,503.03    150,503.03             0.00         0.00  28,305,000.00
A-6        71,479.22     71,479.22             0.00         0.00  12,746,000.00
A-7        83,078.07    455,752.10             0.00         0.00  15,531,324.32
A-8        42,447.45     42,447.45             0.00         0.00           0.00
A-9        85,670.71     85,670.71             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       39,341.06     93,270.48             0.00         0.00   6,710,728.78
A-14       14,602.99     14,602.99             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       12,197.51     12,197.51             0.00         0.00           0.00
R-I             3.12          3.12             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,801.03     37,901.98             0.00         0.00   3,386,667.19
M-2        11,426.45     21,871.85             0.00         0.00   1,954,321.70
M-3         5,750.00     11,006.32             0.00         0.00     983,450.43
B-1         7,066.13     13,525.57             0.00         0.00   1,208,553.56
B-2           796.86      1,525.32             0.00         0.00     136,293.08

- -------------------------------------------------------------------------------
          618,866.01  1,776,646.37             0.00         0.00 103,158,308.96
===============================================================================

































Run:        05/27/97     11:58:04
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    373.216005  32.428997     1.751906    34.180903   0.000000    340.787008
A-4   1000.000000   0.000000     5.026405     5.026405   0.000000   1000.000000
A-5   1000.000000   0.000000     5.317189     5.317189   0.000000   1000.000000
A-6   1000.000000   0.000000     5.607973     5.607973   0.000000   1000.000000
A-7    339.292536   7.950549     1.772370     9.722919   0.000000    331.341988
A-9   1000.000000   0.000000     5.815675     5.815675   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   196.761437   1.568628     1.144301     2.712929   0.000000    195.192809
A-14   461.333333   0.000000     2.433832     2.433832   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    31.210000    31.210000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    830.107309   4.413144     4.827636     9.240780   0.000000    825.694166
M-2    838.282746   4.456609     4.875181     9.331790   0.000000    833.826137
M-3    843.678428   4.485297     4.906562     9.391859   0.000000    839.193131
B-1    863.996956   4.593314     5.024732     9.618046   0.000000    859.403642
B-2    389.747498   2.071993     2.266637     4.338630   0.000000    387.675448

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:05                                        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                       29,794.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,211.69

SUBSERVICER ADVANCES THIS MONTH                                       11,608.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     241,092.57

 (B)  TWO MONTHLY PAYMENTS:                                    1     262,339.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        607,194.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     103,158,308.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          443

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      603,199.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.60873700 %     6.09516900 %    1.29609400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.56551800 %     6.13080942 %    1.30367260 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1406 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              610,423.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,714,776.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.60963003
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.81

POOL TRADING FACTOR:                                                44.01396114


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


Run:        05/27/97     11:58:05                                    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-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     5,537,549.20     7.500000  %    213,146.19
A-3   760944LY2    81,356,000.00    15,706,910.97     6.250000  %    397,871.96
A-4   760944LN6    40,678,000.00     7,853,455.48    10.000000  %    198,935.98
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     0.131395  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,083,230.93     7.500000  %     14,381.80
M-2   760944LV8     6,257,900.00     5,966,292.53     7.500000  %      6,558.47
M-3   760944LW6     3,754,700.00     3,594,001.76     7.500000  %      3,950.72
B-1                 5,757,200.00     5,589,667.83     7.500000  %      6,144.47
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,175,764.79     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  500,624,336.49   249,222,728.97                    840,989.59
===============================================================================
_______________________________________________________________________________
                                                                      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        34,547.19    247,693.38             0.00         0.00   5,324,403.01
A-3        81,659.13    479,531.09             0.00         0.00  15,309,039.01
A-4        65,327.30    264,263.28             0.00         0.00   7,654,519.50
A-5       415,448.58    415,448.58             0.00         0.00  66,592,000.00
A-6       327,950.59    327,950.59             0.00         0.00  52,567,000.00
A-7       333,396.99    333,396.99             0.00         0.00  53,440,000.00
A-8        89,999.72     89,999.72             0.00         0.00  14,426,000.00
A-9        27,239.61     27,239.61             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        81,622.56     96,004.36             0.00         0.00  13,068,849.13
M-2        37,222.01     43,780.48             0.00         0.00   5,959,734.06
M-3        22,421.96     26,372.68             0.00         0.00   3,590,051.04
B-1        34,872.35     41,016.82             0.00         0.00   5,583,523.36
B-2        35,711.12     35,711.12             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,170,415.15

- -------------------------------------------------------------------------------
        1,587,419.11  2,428,408.70             0.00         0.00 248,376,389.74
===============================================================================















































Run:        05/27/97     11:58:05
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     77.792049   2.994299     0.485322     3.479621   0.000000     74.797750
A-3    193.063953   4.890505     1.003726     5.894231   0.000000    188.173448
A-4    193.063953   4.890505     1.605961     6.496466   0.000000    188.173448
A-5   1000.000000   0.000000     6.238716     6.238716   0.000000   1000.000000
A-6   1000.000000   0.000000     6.238716     6.238716   0.000000   1000.000000
A-7   1000.000000   0.000000     6.238716     6.238716   0.000000   1000.000000
A-8   1000.000000   0.000000     6.238716     6.238716   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    950.291331   1.044612     5.928598     6.973210   0.000000    949.246719
M-2    953.401705   1.048030     5.948003     6.996033   0.000000    952.353675
M-3    957.200778   1.052207     5.971705     7.023912   0.000000    956.148571
B-1    970.900408   1.067267     6.057172     7.124439   0.000000    969.833141
B-2    977.249130   0.000000    12.969355    12.969355   0.000000    977.249130
B-3    790.199737   0.000000     0.000000     0.000000   0.000000    788.256841

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4111 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       64,943.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,136.71

SUBSERVICER ADVANCES THIS MONTH                                       39,961.04
MASTER SERVICER ADVANCES THIS MONTH                                    7,507.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   3,827,583.10

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     314,514.62


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,307,029.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     248,376,389.74

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          883

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                 999,505.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      572,380.10

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.71878230 %     9.08565800 %    4.19555960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.68817590 %     9.10659594 %    4.20522820 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1315 %

      BANKRUPTCY AMOUNT AVAILABLE                         224,285.00
      FRAUD AMOUNT AVAILABLE                            2,720,982.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,918,865.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07083146
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.15

POOL TRADING FACTOR:                                                49.61332713


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


Run:        05/27/97     11:57:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    26,717,383.70     6.915206  %     29,589.32
A-2   760944LJ5     5,265,582.31     1,705,284.79     6.915206  %      1,888.59
S-1   760944LK2             0.00             0.00     0.090000  %          0.00
S-2   760944LG1             0.00             0.00     0.139119  %          0.00

- -------------------------------------------------------------------------------
                   87,763,582.31    28,422,668.49                     31,477.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       153,953.68    183,543.00             0.00         0.00  26,687,794.38
A-2         9,826.37     11,714.96             0.00         0.00   1,703,396.20
S-1         2,131.56      2,131.56             0.00         0.00           0.00
S-2         3,294.90      3,294.90             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          169,206.51    200,684.42             0.00         0.00  28,391,190.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    323.854926   0.358667     1.866150     2.224817   0.000000    323.496259
A-2    323.854930   0.358667     1.866151     2.224818   0.000000    323.496263

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:57:08                                        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                        7,786.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,208.89

SUBSERVICER ADVANCES THIS MONTH                                        2,623.30
MASTER SERVICER ADVANCES THIS MONTH                                    1,962.06


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     367,401.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      28,391,190.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           99

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                 289,657.63

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        1,805.51

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            100.00000010 %     0.00000000 %

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,667,674.06
      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                          7.91320397
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.63

POOL TRADING FACTOR:                                                32.34962591


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


Run:        05/27/97     11:58:06                                    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     1,081,701.77     5.249810  %    686,829.99
A-5   760944NJ3    21,873,000.00    21,873,000.00     5.750030  %          0.00
A-6   760944NR5    12,561,000.00    12,561,000.00     6.004100  %          0.00
A-7   760944NS3    23,816,000.00    23,816,000.00     6.981720  %          0.00
A-8   760944NT1    18,040,000.00    18,040,000.00     6.981720  %          0.00
A-9   760944NU8    35,577,000.00    27,577,121.68     6.387500  %    801,388.18
A-10  760944NK0             0.00             0.00     2.112500  %          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     5.959000  %          0.00
A-14  760944NP9    13,505,000.00     3,526,465.71     9.057450  %          0.00
A-15  760944NQ7             0.00             0.00     0.093257  %          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     3,273,071.19     7.000000  %     17,227.41
M-2   760944NW4     1,958,800.00     1,636,535.60     7.000000  %      8,613.71
M-3   760944NX2     1,305,860.00     1,096,649.33     7.000000  %      5,772.08
B-1                 1,567,032.00     1,316,601.65     7.000000  %      6,929.77
B-2                   783,516.00       661,438.41     7.000000  %          0.00
B-3                   914,107.69       678,104.26     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  261,172,115.69   141,057,681.50                  1,526,761.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4         4,719.05    691,549.04             0.00         0.00     394,871.78
A-5       104,515.94    104,515.94             0.00         0.00  21,873,000.00
A-6        62,672.39     62,672.39             0.00         0.00  12,561,000.00
A-7       138,176.86    138,176.86             0.00         0.00  23,816,000.00
A-8       104,665.37    104,665.37             0.00         0.00  18,040,000.00
A-9       146,380.74    947,768.92             0.00         0.00  26,775,733.50
A-10       48,411.63     48,411.63             0.00         0.00           0.00
A-11       75,306.89     75,306.89             0.00         0.00  12,499,498.87
A-12       14,085.13     14,085.13             0.00         0.00   2,400,000.00
A-13       44,669.15     44,669.15             0.00         0.00   9,020,493.03
A-14       26,542.98     26,542.98             0.00         0.00   3,526,465.71
A-15       10,931.61     10,931.61             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        19,039.59     36,267.00             0.00         0.00   3,255,843.78
M-2         9,519.80     18,133.51             0.00         0.00   1,627,921.89
M-3         6,379.25     12,151.33             0.00         0.00   1,090,877.25
B-1         7,658.73     14,588.50             0.00         0.00   1,309,671.88
B-2        14,842.71     14,842.71             0.00         0.00     661,438.41
B-3             0.00          0.00             0.00         0.00     671,053.73

- -------------------------------------------------------------------------------
          838,520.45  2,365,281.59             0.00         0.00 139,523,869.83
===============================================================================

































Run:        05/27/97     11:58:06
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    136.268804  86.524312     0.594489    87.118801   0.000000     49.744492
A-5   1000.000000   0.000000     4.778308     4.778308   0.000000   1000.000000
A-6   1000.000000   0.000000     4.989443     4.989443   0.000000   1000.000000
A-7   1000.000000   0.000000     5.801850     5.801850   0.000000   1000.000000
A-8   1000.000000   0.000000     5.801850     5.801850   0.000000   1000.000000
A-9    775.139042  22.525457     4.114477    26.639934   0.000000    752.613585
A-11   337.824294   0.000000     2.035321     2.035321   0.000000    337.824294
A-12  1000.000000   0.000000     5.868804     5.868804   0.000000   1000.000000
A-13   261.122971   0.000000     1.293071     1.293071   0.000000    261.122971
A-14   261.122970   0.000000     1.965419     1.965419   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    835.478658   4.397440     4.860014     9.257454   0.000000    831.081218
M-2    835.478660   4.397442     4.860016     9.257458   0.000000    831.081218
M-3    839.790889   4.420137     4.885095     9.305232   0.000000    835.370752
B-1    840.188107   4.422226     4.887411     9.309637   0.000000    835.765881
B-2    844.192601   0.000000    18.943723    18.943723   0.000000    844.192601
B-3    741.820977   0.000000     0.000000     0.000000   0.000000    734.107958

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:07                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S20 (POOL # 4112)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4112 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,416.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,165.58

SUBSERVICER ADVANCES THIS MONTH                                       12,118.78
MASTER SERVICER ADVANCES THIS MONTH                                    2,421.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     453,203.70

 (B)  TWO MONTHLY PAYMENTS:                                    1     207,225.75

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     406,936.52


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         98,152.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     139,523,869.83

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          563

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                 226,864.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      791,371.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.85896580 %     4.25801400 %    1.88302000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.82413420 %     4.28216543 %    1.89370040 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0932 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              786,800.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,743,769.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54658627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              126.65

POOL TRADING FACTOR:                                                53.42219228


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


Run:        05/27/97     11:58:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     7,957,816.41     6.500000  %    530,037.24
A-4   760944QX9    38,099,400.00     3,183,123.25    10.000000  %    212,014.68
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     0.078717  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,085,938.11     7.500000  %      7,258.21
M-2   760944QJ0     3,365,008.00     3,228,836.60     7.500000  %      3,307.33
M-3   760944QK7     2,692,006.00     2,594,468.09     7.500000  %      2,657.54
B-1                 2,422,806.00     2,345,038.86     7.500000  %      2,402.05
B-2                 1,480,605.00     1,444,532.36     7.500000  %      1,479.65
B-3                 1,480,603.82     1,332,346.69     7.500000  %      1,364.75

- -------------------------------------------------------------------------------
                  269,200,605.82   146,179,660.37                    760,521.45
===============================================================================
_______________________________________________________________________________
                                                                      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        42,994.26    573,031.50             0.00         0.00   7,427,779.17
A-4        26,457.98    238,472.66             0.00         0.00   2,971,108.57
A-5       384,361.40    384,361.40             0.00         0.00  61,656,000.00
A-6        56,230.37     56,230.37             0.00         0.00   9,020,000.00
A-7       231,591.83    231,591.83             0.00         0.00  37,150,000.00
A-8        57,237.53     57,237.53             0.00         0.00   9,181,560.00
A-9         9,564.42      9,564.42             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,173.49     51,431.70             0.00         0.00   7,078,679.90
M-2        20,128.46     23,435.79             0.00         0.00   3,225,529.27
M-3        16,173.83     18,831.37             0.00         0.00   2,591,810.55
B-1        14,618.89     17,020.94             0.00         0.00   2,342,636.81
B-2         9,005.17     10,484.82             0.00         0.00   1,443,052.71
B-3         8,305.81      9,670.56             0.00         0.00   1,330,981.94

- -------------------------------------------------------------------------------
          920,843.44  1,681,364.89             0.00         0.00 145,419,138.92
===============================================================================















































Run:        05/27/97     11:58:07
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    198.743685  13.237495     1.073767    14.311262   0.000000    185.506191
A-4     83.547858   5.564777     0.694446     6.259223   0.000000     77.983080
A-5   1000.000000   0.000000     6.233966     6.233966   0.000000   1000.000000
A-6   1000.000000   0.000000     6.233966     6.233966   0.000000   1000.000000
A-7   1000.000000   0.000000     6.233966     6.233966   0.000000   1000.000000
A-8   1000.000000   0.000000     6.233966     6.233966   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.168964   0.980439     5.966958     6.947397   0.000000    956.188524
M-2    959.533113   0.982859     5.981698     6.964557   0.000000    958.550253
M-3    963.767573   0.987197     6.008096     6.995293   0.000000    962.780376
B-1    967.902036   0.991433     6.033867     7.025300   0.000000    966.910603
B-2    975.636554   0.999355     6.082088     7.081443   0.000000    974.637199
B-3    899.867116   0.921746     5.609745     6.531491   0.000000    898.945364

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:08                                        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                       39,081.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,533.86

SUBSERVICER ADVANCES THIS MONTH                                       35,292.11
MASTER SERVICER ADVANCES THIS MONTH                                    1,593.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,625,834.01

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,180,094.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     145,419,138.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          515

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 214,072.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      610,787.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.66506870 %     8.83108000 %    3.50385130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.61325960 %     8.86817225 %    3.51856810 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0790 %

      BANKRUPTCY AMOUNT AVAILABLE                         140,181.00
      FRAUD AMOUNT AVAILABLE                            1,571,922.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,588,291.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.02587031
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.42

POOL TRADING FACTOR:                                                54.01887506


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


Run:        05/27/97     11:58:08                                    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-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     5,646,659.53     7.000000  %  1,217,940.26
A-2   760944PP7    20,000,000.00    13,264,267.64     7.000000  %    341,645.98
A-3   760944PQ5    20,000,000.00    13,957,888.76     7.000000  %    306,464.52
A-4   760944PR3    44,814,000.00    32,977,008.88     7.000000  %    600,389.12
A-5   760944PS1    26,250,000.00    26,250,000.00     7.000000  %          0.00
A-6   760944PT9    29,933,000.00    29,933,000.00     7.000000  %          0.00
A-7   760944PU6    15,000,000.00    12,170,046.79     7.000000  %    143,539.27
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     6.159000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.962328  %          0.00
A-14  760944PN2             0.00             0.00     0.209803  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,284,133.72     7.000000  %      9,339.07
M-2   760944PY8     4,333,550.00     4,155,677.61     7.000000  %      4,684.88
M-3   760944PZ5     2,600,140.00     2,493,416.15     7.000000  %      2,810.94
B-1                 2,773,475.00     2,665,185.97     7.000000  %      3,004.58
B-2                 1,560,100.00     1,502,390.00     7.000000  %      1,693.71
B-3                 1,733,428.45     1,609,672.98     7.000000  %      1,814.65

- -------------------------------------------------------------------------------
                  346,680,823.45   267,889,696.81                  2,633,326.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        32,839.73  1,250,779.99             0.00         0.00   4,428,719.27
A-2        77,142.05    418,788.03             0.00         0.00  12,922,621.66
A-3        81,176.00    387,640.52             0.00         0.00  13,651,424.24
A-4       191,787.01    792,176.13             0.00         0.00  32,376,619.76
A-5       152,664.21    152,664.21             0.00         0.00  26,250,000.00
A-6       174,083.73    174,083.73             0.00         0.00  29,933,000.00
A-7        70,778.31    214,317.58             0.00         0.00  12,026,507.52
A-8       218,091.73    218,091.73             0.00         0.00  37,500,000.00
A-9       250,410.01    250,410.01             0.00         0.00  43,057,000.00
A-10       15,702.60     15,702.60             0.00         0.00   2,700,000.00
A-11      137,252.40    137,252.40             0.00         0.00  23,600,000.00
A-12       21,933.46     21,933.46             0.00         0.00   4,286,344.15
A-13       13,678.58     13,678.58             0.00         0.00   1,837,004.63
A-14       46,695.82     46,695.82             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        48,178.69     57,517.76             0.00         0.00   8,274,794.65
M-2        24,168.50     28,853.38             0.00         0.00   4,150,992.73
M-3        14,501.16     17,312.10             0.00         0.00   2,490,605.21
B-1        15,500.14     18,504.72             0.00         0.00   2,662,181.39
B-2         8,737.57     10,431.28             0.00         0.00   1,500,696.29
B-3         9,361.49     11,176.14             0.00         0.00   1,607,858.33

- -------------------------------------------------------------------------------
        1,604,683.19  4,238,010.17             0.00         0.00 265,256,369.83
===============================================================================





































Run:        05/27/97     11:58:08
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    190.386039  41.064778     1.107243    42.172021   0.000000    149.321261
A-2    663.213382  17.082299     3.857103    20.939402   0.000000    646.131083
A-3    697.894438  15.323226     4.058800    19.382026   0.000000    682.571212
A-4    735.863991  13.397356     4.279623    17.676979   0.000000    722.466635
A-5   1000.000000   0.000000     5.815779     5.815779   0.000000   1000.000000
A-6   1000.000000   0.000000     5.815780     5.815780   0.000000   1000.000000
A-7    811.336453   9.569285     4.718554    14.287839   0.000000    801.767168
A-8   1000.000000   0.000000     5.815779     5.815779   0.000000   1000.000000
A-9   1000.000000   0.000000     5.815779     5.815779   0.000000   1000.000000
A-10  1000.000000   0.000000     5.815778     5.815778   0.000000   1000.000000
A-11  1000.000000   0.000000     5.815780     5.815780   0.000000   1000.000000
A-12   188.410732   0.000000     0.964108     0.964108   0.000000    188.410732
A-13   188.410731   0.000000     1.402931     1.402931   0.000000    188.410731
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    955.821512   1.077540     5.558847     6.636387   0.000000    954.743972
M-2    958.954578   1.081072     5.577067     6.658139   0.000000    957.873506
M-3    958.954576   1.081073     5.577069     6.658142   0.000000    957.873503
B-1    960.955469   1.083327     5.588707     6.672034   0.000000    959.872142
B-2    963.008781   1.085642     5.600647     6.686289   0.000000    961.923140
B-3    928.606531   1.046850     5.400569     6.447419   0.000000    927.559675

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:09                                        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                       69,288.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    28,389.86

SUBSERVICER ADVANCES THIS MONTH                                       23,007.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,925,171.53

 (B)  TWO MONTHLY PAYMENTS:                                    1     246,468.37

 (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                                                     265,256,369.83

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          927

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,331,323.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.26902840 %     5.57439400 %    2.15657750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.20108130 %     5.62338714 %    2.17553150 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2097 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,526.00
      FRAUD AMOUNT AVAILABLE                            2,805,255.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,669,534.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.64659034
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.82

POOL TRADING FACTOR:                                                76.51313597


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


Run:        05/27/97     11:58:09                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     5,808,184.35     5.500000  %    913,766.36
A-3   760944MH8    12,946,000.00     5,209,273.73     6.637500  %    365,506.54
A-4   760944MJ4             0.00             0.00     2.362500  %          0.00
A-5   760944MV7    22,700,000.00    12,601,879.27     6.500000  %    315,664.74
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     6.817500  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     5.910315  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.687500  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     6.093730  %          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     0.272394  %          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     2,264,280.43     6.500000  %     12,058.95
M-2   760944NA2     1,368,000.00     1,130,900.21     6.500000  %      6,022.87
M-3   760944NB0       912,000.00       753,933.46     6.500000  %      4,015.25
B-1                   729,800.00       603,312.10     6.500000  %      3,213.08
B-2                   547,100.00       452,277.42     6.500000  %      2,408.71
B-3                   547,219.77       452,376.36     6.500000  %      2,409.25

- -------------------------------------------------------------------------------
                  182,383,319.77   119,759,378.81                  1,625,065.75
===============================================================================
_______________________________________________________________________________
                                                                      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        26,470.65    940,237.01             0.00         0.00   4,894,417.99
A-3        28,651.23    394,157.77             0.00         0.00   4,843,767.19
A-4        10,197.90     10,197.90             0.00         0.00           0.00
A-5        67,875.06    383,539.80             0.00         0.00  12,286,214.53
A-6        53,807.20     53,807.20             0.00         0.00  11,100,000.00
A-7        87,739.67     87,739.67             0.00         0.00  16,290,000.00
A-8        68,602.83     68,602.83             0.00         0.00  12,737,000.00
A-9        39,318.58     39,318.58             0.00         0.00   7,300,000.00
A-10       81,868.81     81,868.81             0.00         0.00  15,200,000.00
A-11       20,870.53     20,870.53             0.00         0.00   3,694,424.61
A-12        9,742.57      9,742.57             0.00         0.00   1,989,305.77
A-13       63,594.23     63,594.23             0.00         0.00  11,476,048.76
A-14       26,745.16     26,745.16             0.00         0.00   5,296,638.91
A-15       20,663.89     20,663.89             0.00         0.00   3,694,424.61
A-16        8,418.59      8,418.59             0.00         0.00   1,705,118.82
A-17       27,031.41     27,031.41             0.00         0.00           0.00
R-I             0.19          0.19             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,195.65     24,254.60             0.00         0.00   2,252,221.48
M-2         6,091.15     12,114.02             0.00         0.00   1,124,877.34
M-3         4,060.77      8,076.02             0.00         0.00     749,918.21
B-1         3,249.50      6,462.58             0.00         0.00     600,099.02
B-2         2,436.02      4,844.73             0.00         0.00     449,868.71
B-3         2,436.53      4,845.78             0.00         0.00     449,967.11

- -------------------------------------------------------------------------------
          672,068.12  2,297,133.87             0.00         0.00 118,134,313.06
===============================================================================





























Run:        05/27/97     11:58:09
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    230.941724  36.332658     1.052511    37.385169   0.000000    194.609065
A-3    402.384808  28.233164     2.213134    30.446298   0.000000    374.151645
A-5    555.148867  13.905936     2.990091    16.896027   0.000000    541.242931
A-6   1000.000000   0.000000     4.847495     4.847495   0.000000   1000.000000
A-7   1000.000000   0.000000     5.386106     5.386106   0.000000   1000.000000
A-8   1000.000000   0.000000     5.386106     5.386106   0.000000   1000.000000
A-9   1000.000000   0.000000     5.386107     5.386107   0.000000   1000.000000
A-10  1000.000000   0.000000     5.386106     5.386106   0.000000   1000.000000
A-11   738.884922   0.000000     4.174106     4.174106   0.000000    738.884922
A-12   738.884916   0.000000     3.618668     3.618668   0.000000    738.884916
A-13   738.884919   0.000000     4.094512     4.094512   0.000000    738.884920
A-14   738.884919   0.000000     3.730969     3.730969   0.000000    738.884919
A-15   738.884922   0.000000     4.132778     4.132778   0.000000    738.884922
A-16   738.884921   0.000000     3.648056     3.648056   0.000000    738.884921
R-I      0.000000   0.000000     1.900000     1.900000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    826.681428   4.402683     4.452592     8.855275   0.000000    822.278744
M-2    826.681440   4.402683     4.452595     8.855278   0.000000    822.278757
M-3    826.681425   4.402686     4.452599     8.855285   0.000000    822.278739
B-1    826.681420   4.402686     4.452590     8.855276   0.000000    822.278734
B-2    826.681448   4.402687     4.452605     8.855292   0.000000    822.278761
B-3    826.681317   4.402655     4.452599     8.855254   0.000000    822.278607

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:10                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S23 (POOL # 4115)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4115 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,718.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,825.67

SUBSERVICER ADVANCES THIS MONTH                                        4,582.48
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     378,224.78

 (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                                                     118,134,313.06

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                      987,259.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.27629480 %     3.46454200 %    1.25916310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.23681840 %     3.49349560 %    1.26968600 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2719 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              676,160.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,936,187.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13597388
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              126.96

POOL TRADING FACTOR:                                                64.77254236


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


Run:        05/27/97     11:58:11                                    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-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    10,316,787.96     6.500000  %    824,936.72
A-5   760944QB7    30,000,000.00    12,585,597.38     7.050000  %    177,906.76
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    25,608,693.70    10.000000  %    361,997.91
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     0.123810  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,547,313.90     7.500000  %     22,914.98
M-2   760944QU5     3,432,150.00     3,297,674.43     7.500000  %     11,541.55
M-3   760944QV3     2,059,280.00     1,986,591.40     7.500000  %          0.00
B-1                 2,196,565.00     2,143,608.03     7.500000  %          0.00
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89       980,432.89     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  274,570,013.89   129,806,376.32                  1,399,297.92
===============================================================================
_______________________________________________________________________________
                                                                      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        55,669.95    880,606.67             0.00         0.00   9,491,851.24
A-5        73,659.01    251,565.77             0.00         0.00  12,407,690.62
A-6       259,234.17    259,234.17             0.00         0.00  48,041,429.00
A-7       212,593.70    574,591.61             0.00         0.00  25,246,695.79
A-8        93,953.61     93,953.61             0.00         0.00  15,090,000.00
A-9        12,452.43     12,452.43             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       13,341.76     13,341.76             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        40,764.99     63,679.97             0.00         0.00   6,524,398.92
M-2        20,532.04     32,073.59             0.00         0.00   3,286,132.88
M-3         3,582.96      3,582.96             0.00         0.00   1,986,591.40
B-1             0.00          0.00             0.00         0.00   2,143,608.03
B-2             0.00          0.00             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00     958,317.41

- -------------------------------------------------------------------------------
          785,784.62  2,185,082.54             0.00         0.00 128,384,962.92
===============================================================================









































Run:        05/27/97     11:58:11
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    385.818547  30.850289     2.081898    32.932187   0.000000    354.968259
A-5    419.519913   5.930225     2.455300     8.385525   0.000000    413.589687
A-6   1000.000000   0.000000     5.396055     5.396055   0.000000   1000.000000
A-7    465.235594   6.576451     3.862210    10.438661   0.000000    458.659144
A-8   1000.000000   0.000000     6.226217     6.226217   0.000000   1000.000000
A-9   1000.000000   0.000000     6.226215     6.226215   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    953.793270   3.338186     5.938523     9.276709   0.000000    950.455083
M-2    960.818854   3.362776     5.982268     9.345044   0.000000    957.456079
M-3    964.701935   0.000000     1.739909     1.739909   0.000000    964.701935
B-1    975.891007   0.000000     0.000000     0.000000   0.000000    975.891007
B-2    977.888412   0.000000     0.000000     0.000000   0.000000    977.888413
B-3    714.158323   0.000000     0.000000     0.000000   0.000000    698.049160

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:11                                        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                       37,837.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,691.56

SUBSERVICER ADVANCES THIS MONTH                                       33,709.31
MASTER SERVICER ADVANCES THIS MONTH                                    4,947.52


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,347,212.83

 (B)  TWO MONTHLY PAYMENTS:                                    1     207,154.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,048,176.08

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,384,962.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          456

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                 658,459.50

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      967,103.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.54770860 %     9.11479100 %    3.33750060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.45390740 %     9.18886677 %    3.35722580 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1239 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              690,012.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,317,262.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.10421559
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.95

POOL TRADING FACTOR:                                                46.75855207


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


Run:        05/27/97     11:58:12                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    18,628,868.34     7.000000  %    402,946.96
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00     6,313,704.72     7.000000  %    401,623.98
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    75,462,929.79     7.000000  %    603,428.20
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     0.189283  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     8,947,766.83     7.000000  %     10,059.00
M-2   760944RM2     4,674,600.00     4,502,141.44     7.000000  %      5,061.27
M-3   760944RN0     3,739,700.00     3,623,290.54     7.000000  %      4,073.27
B-1                 2,804,800.00     2,737,341.09     7.000000  %          0.00
B-2                   935,000.00       914,257.10     7.000000  %          0.00
B-3                 1,870,098.07     1,506,263.79     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  373,968,498.07   280,408,563.64                  1,427,192.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       108,393.62    511,340.58             0.00         0.00  18,225,921.38
A-2             0.00          0.00             0.00         0.00           0.00
A-3        36,736.81    438,360.79             0.00         0.00   5,912,080.74
A-4        71,300.92     71,300.92             0.00         0.00  12,254,000.00
A-5        42,626.94     42,626.94             0.00         0.00   7,326,000.00
A-6       427,939.32    427,939.32             0.00         0.00  73,547,000.00
A-7        49,748.88     49,748.88             0.00         0.00   8,550,000.00
A-8       439,087.31  1,042,515.51             0.00         0.00  74,859,501.59
A-9       192,339.08    192,339.08             0.00         0.00  33,056,000.00
A-10      134,054.33    134,054.33             0.00         0.00  23,039,000.00
A-11       44,118.54     44,118.54             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        52,063.33     62,122.33             0.00         0.00   8,937,707.83
M-2        26,196.08     31,257.35             0.00         0.00   4,497,080.17
M-3        21,082.41     25,155.68             0.00         0.00   3,619,217.27
B-1        35,809.84     35,809.84             0.00         0.00   2,737,341.09
B-2             0.00          0.00             0.00         0.00     914,257.10
B-3             0.00          0.00             0.00         0.00   1,500,465.38

- -------------------------------------------------------------------------------
        1,681,497.41  3,108,690.09             0.00         0.00 278,975,572.55
===============================================================================











































Run:        05/27/97     11:58:12
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    413.267705   8.939081     2.404633    11.343714   0.000000    404.328624
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    371.722386  23.645804     2.162897    25.808701   0.000000    348.076582
A-4   1000.000000   0.000000     5.818583     5.818583   0.000000   1000.000000
A-5   1000.000000   0.000000     5.818583     5.818583   0.000000   1000.000000
A-6   1000.000000   0.000000     5.818583     5.818583   0.000000   1000.000000
A-7   1000.000000   0.000000     5.818582     5.818582   0.000000   1000.000000
A-8    655.800207   5.244010     3.815828     9.059838   0.000000    650.556197
A-9   1000.000000   0.000000     5.818583     5.818583   0.000000   1000.000000
A-10  1000.000000   0.000000     5.818583     5.818583   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.052061   1.075909     5.568687     6.644596   0.000000    955.976151
M-2    963.107312   1.082717     5.603919     6.686636   0.000000    962.024595
M-3    968.871979   1.089197     5.637460     6.726657   0.000000    967.782782
B-1    975.948763   0.000000    12.767342    12.767342   0.000000    975.948763
B-2    977.815080   0.000000     0.000000     0.000000   0.000000    977.815080
B-3    805.446417   0.000000     0.000000     0.000000   0.000000    802.345826

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:12                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S24 (POOL # 4117)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4117 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       63,355.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,593.41

SUBSERVICER ADVANCES THIS MONTH                                       17,347.47
MASTER SERVICER ADVANCES THIS MONTH                                    1,450.32


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,071,092.56

 (B)  TWO MONTHLY PAYMENTS:                                    1     232,563.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     223,444.45


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        957,070.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     278,975,572.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          974

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 210,877.54

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,117,758.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.07190380 %     6.08868700 %    1.83940960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.04013860 %     6.11308191 %    1.84677950 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1897 %

      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                          7.58692985
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.90

POOL TRADING FACTOR:                                                74.59868251


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


Run:        05/27/97     11:58:13                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    53,408,631.68     6.500000  %  1,750,048.37
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     6.587500  %          0.00
A-5   760944RU4     8,250,000.00     5,094,651.59     6.272500  %          0.00
A-6   760944RV2     5,000,000.00     4,387,486.23     6.500000  %      7,442.14
A-7   760944RW0             0.00             0.00     0.297132  %          0.00
R     760944SA7           100.00             0.00     6.500000  %          0.00
M-1   760944RX8     2,337,700.00     1,948,476.05     6.500000  %     10,054.18
M-2   760944RY6       779,000.00       649,297.54     6.500000  %      3,350.39
M-3   760944RZ3       779,100.00       649,380.88     6.500000  %      3,350.82
B-1                   701,100.00       584,367.78     6.500000  %      3,015.35
B-2                   389,500.00       324,648.75     6.500000  %      1,675.20
B-3                   467,420.45       389,595.56     6.500000  %      2,010.33

- -------------------------------------------------------------------------------
                  155,801,920.45    97,095,630.27                  1,780,946.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       286,545.19  2,036,593.56             0.00         0.00  51,658,583.31
A-2        27,898.77     27,898.77             0.00         0.00   5,200,000.00
A-3        60,159.40     60,159.40             0.00         0.00  11,213,000.00
A-4        72,023.93     72,023.93             0.00         0.00  13,246,094.21
A-5        26,376.88     26,376.88             0.00         0.00   5,094,651.59
A-6        23,539.51     30,981.65             0.00         0.00   4,380,044.09
A-7        23,813.15     23,813.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,453.87     20,508.05             0.00         0.00   1,938,421.87
M-2         3,483.58      6,833.97             0.00         0.00     645,947.15
M-3         3,484.02      6,834.84             0.00         0.00     646,030.06
B-1         3,135.22      6,150.57             0.00         0.00     581,352.43
B-2         1,741.78      3,416.98             0.00         0.00     322,973.55
B-3         2,090.25      4,100.58             0.00         0.00     387,585.23

- -------------------------------------------------------------------------------
          544,745.55  2,325,692.33             0.00         0.00  95,314,683.49
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    538.203574  17.635394     2.887542    20.522936   0.000000    520.568180
A-2   1000.000000   0.000000     5.365148     5.365148   0.000000   1000.000000
A-3   1000.000000   0.000000     5.365148     5.365148   0.000000   1000.000000
A-4    617.533530   0.000000     3.357759     3.357759   0.000000    617.533530
A-5    617.533526   0.000000     3.197198     3.197198   0.000000    617.533526
A-6    877.497246   1.488428     4.707902     6.196330   0.000000    876.008818
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    833.501326   4.300885     4.471861     8.772746   0.000000    829.200441
M-2    833.501335   4.300886     4.471861     8.772747   0.000000    829.200449
M-3    833.501322   4.300886     4.471852     8.772738   0.000000    829.200436
B-1    833.501326   4.300884     4.471859     8.772743   0.000000    829.200442
B-2    833.501284   4.300899     4.471836     8.772735   0.000000    829.200385
B-3    833.501316   4.300882     4.471863     8.772745   0.000000    829.200413

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:13                                        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                       22,098.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,444.98

SUBSERVICER ADVANCES THIS MONTH                                        4,544.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     425,098.26

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      95,314,683.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          396

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,279,930.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.31825840 %     3.34428500 %    1.33745680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.25538970 %     3.38919352 %    1.35541680 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2971 %

      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                          7.19792607
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.75

POOL TRADING FACTOR:                                                61.17683480


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


Run:        05/27/97     11:58:13                                    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-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    14,532,421.30     7.050000  %  2,477,741.03
A-4   760944SE9    24,745,827.00    24,745,827.00     7.250000  %          0.00
A-5   760944SF6    47,058,123.00     6,363,023.08     6.437500  %    557,491.73
A-6   760944SG4             0.00             0.00     3.062500  %          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     0.078715  %          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     9,904,238.66     7.500000  %          0.00
M-2   760944SP4     5,640,445.00     5,423,519.96     7.500000  %          0.00
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     1,208,136.46     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,029,704.99   214,359,032.24                  3,035,232.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        84,761.02  2,562,502.05             0.00         0.00  12,054,680.27
A-4       148,425.68    148,425.68             0.00         0.00  24,745,827.00
A-5        33,888.30    591,380.03             0.00         0.00   5,805,531.35
A-6        16,121.62     16,121.62             0.00         0.00           0.00
A-7       339,172.64    339,172.64             0.00         0.00  54,662,626.00
A-8       224,787.00    224,787.00             0.00         0.00  36,227,709.00
A-9       213,116.90    213,116.90             0.00         0.00  34,346,901.00
A-10      121,771.72    121,771.72             0.00         0.00  19,625,291.00
A-11       13,959.39     13,959.39             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        25,401.88     25,401.88             0.00         0.00   9,904,238.66
M-2             0.00          0.00             0.00         0.00   5,423,519.96
M-3             0.00          0.00             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   1,110,073.86

- -------------------------------------------------------------------------------
        1,221,406.15  4,256,638.91             0.00         0.00 211,225,736.88
===============================================================================









































Run:        05/27/97     11:58:13
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    293.387776  50.021873     1.711198    51.733071   0.000000    243.365903
A-4   1000.000000   0.000000     5.998008     5.998008   0.000000   1000.000000
A-5    135.216253  11.846876     0.720137    12.567013   0.000000    123.369378
A-7   1000.000000   0.000000     6.204836     6.204836   0.000000   1000.000000
A-8   1000.000000   0.000000     6.204836     6.204836   0.000000   1000.000000
A-9   1000.000000   0.000000     6.204836     6.204836   0.000000   1000.000000
A-10  1000.000000   0.000000     6.204836     6.204836   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    957.781152   0.000000     2.456468     2.456468   0.000000    957.781152
M-2    961.541148   0.000000     0.000000     0.000000   0.000000    961.541148
M-3    968.968688   0.000000     0.000000     0.000000   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    642.574169   0.000000     0.000000     0.000000   0.000000    590.417400

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:14                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S26 (POOL # 4119)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4119 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       51,268.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,738.22

SUBSERVICER ADVANCES THIS MONTH                                       37,672.55
MASTER SERVICER ADVANCES THIS MONTH                                    1,843.68


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,187,143.15

 (B)  TWO MONTHLY PAYMENTS:                                    2     466,064.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     796,081.14


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        753,220.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     211,225,736.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          727

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                 251,859.14

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,252,121.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.87136520 %     8.85027700 %    2.27835760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.75271000 %     8.98156113 %    2.26572890 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0788 %

      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                          7.99424887
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.66

POOL TRADING FACTOR:                                                56.17261990


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


Run:        05/30/97     10:51:44                                    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    36,748,930.73     6.970000  %    105,897.59
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    66,770,243.85                    105,897.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       193,518.91    299,416.50             0.00         0.00  36,643,033.14
A-2       158,091.45    158,091.45             0.00         0.00  30,021,313.12
S          12,104.32     12,104.32             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          363,714.68    469,612.27             0.00         0.00  66,664,346.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    904.765659   2.607219     4.764472     7.371691   0.000000    902.158440
A-2   1000.000000   0.000000     5.265974     5.265974   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       27-May-97      
DISTRIBUTION DATE        30-May-97      

Run:     05/30/97     10:51:44                                        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                     1,669.26

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                                                      66,664,346.26

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               3,504,399.75

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                94.37397670


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


Run:        05/27/97     11:58:15                                    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-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    12,876,994.85     9.860000  %    228,762.00
A-2   760944SZ2    24,926,000.00             0.00     6.350000  %          0.00
A-3   760944TA6    25,850,000.00     9,732,777.18     6.350000  %  1,006,552.78
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     6.259000  %          0.00
A-9   760944TH1     1,757,369.00     1,757,369.00     9.074790  %          0.00
A-10  760944TC2             0.00             0.00     0.104680  %          0.00
R     760944TM0           100.00             0.00     7.000000  %          0.00
M-1   760944TJ7     5,350,000.00     5,141,672.94     7.000000  %      5,684.57
M-2   760944TK4     3,210,000.00     3,085,003.77     7.000000  %      3,410.74
M-3   760944TL2     2,141,000.00     2,057,630.22     7.000000  %      2,274.89
B-1                 1,070,000.00     1,028,334.58     7.000000  %      1,136.91
B-2                   642,000.00       617,000.75     7.000000  %        682.15
B-3                   963,170.23       861,981.03     7.000000  %        952.99

- -------------------------------------------------------------------------------
                  214,013,270.23   163,057,395.32                  1,249,457.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       105,482.49    334,244.49             0.00         0.00  12,648,232.85
A-2             0.00          0.00             0.00         0.00           0.00
A-3        51,345.15  1,057,897.93             0.00         0.00   8,726,224.40
A-4       247,557.58    247,557.58             0.00         0.00  46,926,000.00
A-5       226,804.47    226,804.47             0.00         0.00  39,000,000.00
A-6        24,936.86     24,936.86             0.00         0.00   4,288,000.00
A-7       178,908.03    178,908.03             0.00         0.00  30,764,000.00
A-8        25,586.72     25,586.72             0.00         0.00   4,920,631.00
A-9        13,249.17     13,249.17             0.00         0.00   1,757,369.00
A-10       14,180.60     14,180.60             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        29,901.39     35,585.96             0.00         0.00   5,135,988.37
M-2        17,940.84     21,351.58             0.00         0.00   3,081,593.03
M-3        11,966.14     14,241.03             0.00         0.00   2,055,355.33
B-1         5,980.28      7,117.19             0.00         0.00   1,027,197.67
B-2         3,588.17      4,270.32             0.00         0.00     616,318.60
B-3         5,012.88      5,965.87             0.00         0.00     861,028.04

- -------------------------------------------------------------------------------
          962,440.78  2,211,897.81             0.00         0.00 161,807,938.29
===============================================================================













































Run:        05/27/97     11:58:15
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    579.914202  10.302274     4.750394    15.052668   0.000000    569.611928
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    376.509756  38.938212     1.986273    40.924485   0.000000    337.571544
A-4   1000.000000   0.000000     5.275489     5.275489   0.000000   1000.000000
A-5   1000.000000   0.000000     5.815499     5.815499   0.000000   1000.000000
A-6   1000.000000   0.000000     5.815499     5.815499   0.000000   1000.000000
A-7   1000.000000   0.000000     5.815500     5.815500   0.000000   1000.000000
A-8   1000.000000   0.000000     5.199886     5.199886   0.000000   1000.000000
A-9   1000.000000   0.000000     7.539208     7.539208   0.000000   1000.000000
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    961.060363   1.062536     5.589045     6.651581   0.000000    959.997826
M-2    961.060364   1.062536     5.589047     6.651583   0.000000    959.997829
M-3    961.060355   1.062536     5.589043     6.651579   0.000000    959.997819
B-1    961.060355   1.062533     5.589047     6.651580   0.000000    959.997822
B-2    961.060358   1.062539     5.589050     6.651589   0.000000    959.997819
B-3    894.941520   0.989441     5.204532     6.193973   0.000000    893.952090

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:15                                        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                       47,950.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,203.67

SUBSERVICER ADVANCES THIS MONTH                                       11,589.94
MASTER SERVICER ADVANCES THIS MONTH                                    2,069.45


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,171,726.24

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        509,989.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     161,807,938.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          570

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                 289,432.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,069,182.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.15514070 %     6.30717000 %    1.53768950 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.10330400 %     6.34884595 %    1.54785010 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1050 %

      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                          7.58415560
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.75

POOL TRADING FACTOR:                                                75.60649773


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


Run:        05/27/97     11:58:16                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    26,539,999.41     6.038793  %    780,602.58
A-2   760944UF3    47,547,000.00    29,627,217.04     6.337500  %    375,160.34
A-3   760944UG1             0.00             0.00     2.662500  %          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    21,925,912.64     7.000000  %    219,825.00
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     0.120023  %          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     3,267,067.62     7.000000  %     16,990.88
M-2   760944UR7     1,948,393.00     1,633,531.25     7.000000  %      8,495.43
M-3   760944US5     1,298,929.00     1,089,021.14     7.000000  %      5,663.62
B-1                   909,250.00       762,314.53     7.000000  %      3,964.53
B-2                   389,679.00       326,706.59     7.000000  %      1,699.09
B-3                   649,465.07       544,511.10     7.000000  %      2,831.82

- -------------------------------------------------------------------------------
                  259,785,708.07   131,464,281.32                  1,415,233.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       132,861.06    913,463.64             0.00         0.00  25,759,396.83
A-2       155,652.28    530,812.62             0.00         0.00  29,252,056.70
A-3        65,392.38     65,392.38             0.00         0.00           0.00
A-4       105,248.77    105,248.77             0.00         0.00  22,048,000.00
A-5        43,998.38     43,998.38             0.00         0.00   8,492,000.00
A-6        88,250.42     88,250.42             0.00         0.00  15,208,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       127,233.77    347,058.77             0.00         0.00  21,706,087.64
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       13,080.28     13,080.28             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        18,958.45     35,949.33             0.00         0.00   3,250,076.74
M-2         9,479.21     17,974.64             0.00         0.00   1,625,035.82
M-3         6,319.47     11,983.09             0.00         0.00   1,083,357.52
B-1         4,423.63      8,388.16             0.00         0.00     758,350.00
B-2         1,895.85      3,594.94             0.00         0.00     325,007.50
B-3         3,159.73      5,991.55             0.00         0.00     541,679.28

- -------------------------------------------------------------------------------
          775,953.68  2,191,186.97             0.00         0.00 130,049,048.03
===============================================================================









































Run:        05/27/97     11:58:16
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    415.817996  12.230166     2.081613    14.311779   0.000000    403.587830
A-2    623.114330   7.890305     3.273651    11.163956   0.000000    615.224025
A-4   1000.000000   0.000000     4.773620     4.773620   0.000000   1000.000000
A-5   1000.000000   0.000000     5.181156     5.181156   0.000000   1000.000000
A-6   1000.000000   0.000000     5.802895     5.802895   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    337.706198   3.385778     1.959674     5.345452   0.000000    334.320421
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    838.399283   4.360222     4.865143     9.225365   0.000000    834.039061
M-2    838.399260   4.360224     4.865143     9.225367   0.000000    834.039036
M-3    838.399281   4.360223     4.865139     9.225362   0.000000    834.039058
B-1    838.399263   4.360220     4.865142     9.225362   0.000000    834.039043
B-2    838.399272   4.360230     4.865158     9.225388   0.000000    834.039042
B-3    838.399361   4.360219     4.865142     9.225361   0.000000    834.039127

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:16                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S29 (POOL # 4121)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4121 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       30,622.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,448.62

SUBSERVICER ADVANCES THIS MONTH                                       11,698.17
MASTER SERVICER ADVANCES THIS MONTH                                    2,837.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     810,005.54

 (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                                                     130,049,048.03

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                 264,480.26

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      731,533.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.20135100 %     4.55608200 %    1.24256730 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.16873330 %     4.58170988 %    1.24955680 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1191 %

      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                          7.52558414
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.17

POOL TRADING FACTOR:                                                50.06012417


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


Run:        05/27/97     11:58:17                                    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-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    15,058,703.93     7.500000  %    224,710.92
A-3   760944SW9    49,628,000.00    44,294,295.77     6.200000  %    660,974.00
A-4   760944SX7    41,944,779.00    38,333,816.91     6.337500  %    447,484.89
A-5   760944SY5       446,221.00       407,806.51   297.275000  %      4,760.48
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    13,942,741.13     7.500000  %    148,870.70
A-11  760944TR9     3,400,000.00     3,400,000.00     7.500000  %          0.00
A-12  760944TS7             0.00             0.00     0.034670  %          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     8,504,864.23     7.500000  %      9,071.70
M-2   760944TY4     4,823,973.00     4,639,016.07     7.500000  %      4,948.20
M-3   760944TZ1     3,215,982.00     3,092,677.38     7.500000  %      3,298.80
B-1                 1,929,589.00     1,855,606.23     7.500000  %      1,979.28
B-2                   803,995.00       773,168.84     7.500000  %        824.70
B-3                 1,286,394.99       912,530.98     7.500000  %        973.35

- -------------------------------------------------------------------------------
                  321,598,232.99   192,983,227.98                  1,507,897.02
===============================================================================
_______________________________________________________________________________
                                                                      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        93,925.13    318,636.05             0.00         0.00  14,833,993.01
A-3       228,387.56    889,361.56             0.00         0.00  43,633,321.77
A-4       202,037.97    649,522.86             0.00         0.00  37,886,332.02
A-5       100,819.73    105,580.21             0.00         0.00     403,046.03
A-6       186,594.86    186,594.86             0.00         0.00  32,053,000.00
A-7        69,620.36     69,620.36             0.00         0.00  11,162,000.00
A-8        84,390.20     84,390.20             0.00         0.00  13,530,000.00
A-9         6,380.72      6,380.72             0.00         0.00   1,023,000.00
A-10       86,964.57    235,835.27             0.00         0.00  13,793,870.43
A-11       21,206.70     21,206.70             0.00         0.00   3,400,000.00
A-12        5,564.17      5,564.17             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        53,047.09     62,118.79             0.00         0.00   8,495,792.53
M-2        28,934.77     33,882.97             0.00         0.00   4,634,067.87
M-3        19,289.85     22,588.65             0.00         0.00   3,089,378.58
B-1        11,573.91     13,553.19             0.00         0.00   1,853,626.95
B-2         4,822.46      5,647.16             0.00         0.00     772,344.14
B-3         5,691.73      6,665.08             0.00         0.00     733,047.85

- -------------------------------------------------------------------------------
        1,209,251.78  2,717,148.80             0.00         0.00 191,296,821.18
===============================================================================







































Run:        05/27/97     11:58:17
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    293.828369   4.384603     1.832685     6.217288   0.000000    289.443766
A-3    892.526311  13.318570     4.601990    17.920560   0.000000    879.207741
A-4    913.911524  10.668429     4.816761    15.485190   0.000000    903.243095
A-5    913.911515  10.668436   225.941249   236.609685   0.000000    903.243079
A-6   1000.000000   0.000000     5.821448     5.821448   0.000000   1000.000000
A-7   1000.000000   0.000000     6.237266     6.237266   0.000000   1000.000000
A-8   1000.000000   0.000000     6.237265     6.237265   0.000000   1000.000000
A-9   1000.000000   0.000000     6.237263     6.237263   0.000000   1000.000000
A-10   522.787444   5.581954     3.260764     8.842718   0.000000    517.205490
A-11  1000.000000   0.000000     6.237265     6.237265   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    961.658796   1.025752     5.998121     7.023873   0.000000    960.633044
M-2    961.658797   1.025752     5.998120     7.023872   0.000000    960.633045
M-3    961.658797   1.025752     5.998121     7.023873   0.000000    960.633045
B-1    961.658794   1.025752     5.998122     7.023874   0.000000    960.633042
B-2    961.658767   1.025753     5.998122     7.023875   0.000000    960.633014
B-3    709.370751   0.756649     4.424535     5.181184   0.000000    569.846630

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:17                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S30 (POOL # 4122)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4122 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       44,834.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,373.58

SUBSERVICER ADVANCES THIS MONTH                                       24,072.25
MASTER SERVICER ADVANCES THIS MONTH                                    8,212.14


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     960,712.63

 (B)  TWO MONTHLY PAYMENTS:                                    4     810,092.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,562,536.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     191,296,821.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          682

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,119,649.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      887,634.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.75151160 %     8.41345500 %    1.83503310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.76550800 %     8.47857214 %    1.75591990 %

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                          7.94168861
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.88

POOL TRADING FACTOR:                                                59.48316923


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


Run:        05/27/97     11:58:18                                    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-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    49,167,254.31     7.828729  %  1,965,171.33
M     760944SU3     3,678,041.61     3,429,814.77     7.828729  %      3,068.32
R     760944SV1           100.00             0.00     7.828729  %          0.00
B-1                 4,494,871.91     4,052,515.28     7.828729  %      3,625.39
B-2                 1,225,874.16             0.00     7.828729  %          0.00

- -------------------------------------------------------------------------------
                  163,449,887.68    56,649,584.36                  1,971,865.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         315,213.83  2,280,385.16             0.00         0.00  47,202,082.98
M          21,988.72     25,057.04             0.00         0.00   3,426,746.45
R               0.00          0.00             0.00         0.00           0.00
B-1        25,980.89     29,606.28             0.00         0.00   3,702,079.48
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          363,183.44  2,335,048.48             0.00         0.00  54,330,908.91
===============================================================================











Run:        05/27/97     11:58:18
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      319.162189  12.756628     2.046165    14.802793   0.000000    306.405560
M      932.511139   0.834227     5.978377     6.812604   0.000000    931.676912
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    901.586377   0.806561     5.780118     6.586679   0.000000    823.622909
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:18                                        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                       14,436.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,640.49

SUBSERVICER ADVANCES THIS MONTH                                       33,870.63
MASTER SERVICER ADVANCES THIS MONTH                                    9,030.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,994,786.38

 (B)  TWO MONTHLY PAYMENTS:                                    2     491,661.48

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,039,967.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      54,330,908.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          191

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,255,893.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,736,447.34

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.79190650 %     6.05443900 %    7.15365400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.87887600 %     6.30717674 %    6.81394730 %

      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                          8.44409307
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.35

POOL TRADING FACTOR:                                                33.24010171


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


Run:        05/27/97     11:58:18                                    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-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    25,899,694.39     7.000000  %    300,004.40
A-3   760944VW5   145,065,000.00   143,887,256.62     7.000000  %  2,711,535.12
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     1,254,731.31     0.000000  %      1,877.11
A-9   760944WC8             0.00             0.00     0.251821  %          0.00
R     760944WG9           100.00             0.00     7.000000  %          0.00
M-1   760944WD6     9,616,700.00     9,225,800.08     7.000000  %     10,102.92
M-2   760944WE4     7,479,800.00     7,175,760.86     7.000000  %      7,857.98
M-3   760944WF1     4,274,200.00     4,100,462.21     7.000000  %      4,490.31
B-1                 2,564,500.00     2,460,258.15     7.000000  %      2,694.16
B-2                   854,800.00       820,054.08     7.000000  %        898.02
B-3                 1,923,420.54       994,751.15     7.000000  %      1,089.32

- -------------------------------------------------------------------------------
                  427,416,329.03   315,709,768.85                  3,040,549.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       150,240.01    450,244.41             0.00         0.00  25,599,689.99
A-3       834,667.08  3,546,202.20             0.00         0.00 141,175,721.50
A-4       209,555.38    209,555.38             0.00         0.00  36,125,000.00
A-5       279,907.97    279,907.97             0.00         0.00  48,253,000.00
A-6       160,561.47    160,561.47             0.00         0.00  27,679,000.00
A-7        45,443.78     45,443.78             0.00         0.00   7,834,000.00
A-8             0.00      1,877.11             0.00         0.00   1,252,854.20
A-9        65,882.91     65,882.91             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        53,517.40     63,620.32             0.00         0.00   9,215,697.16
M-2        41,625.45     49,483.43             0.00         0.00   7,167,902.88
M-3        23,786.13     28,276.44             0.00         0.00   4,095,971.90
B-1        14,271.57     16,965.73             0.00         0.00   2,457,563.99
B-2         4,757.00      5,655.02             0.00         0.00     819,156.06
B-3         5,770.39      6,859.71             0.00         0.00     884,620.22

- -------------------------------------------------------------------------------
        1,889,986.54  4,930,535.88             0.00         0.00 312,560,177.90
===============================================================================

















































Run:        05/27/97     11:58:18
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    631.699863   7.317180     3.664390    10.981570   0.000000    624.382683
A-3    991.881271  18.691863     5.753745    24.445608   0.000000    973.189408
A-4   1000.000000   0.000000     5.800841     5.800841   0.000000   1000.000000
A-5   1000.000000   0.000000     5.800841     5.800841   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800841     5.800841   0.000000   1000.000000
A-7   1000.000000   0.000000     5.800840     5.800840   0.000000   1000.000000
A-8    831.053288   1.243277     0.000000     1.243277   0.000000    829.810011
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.351969   1.050560     5.565048     6.615608   0.000000    958.301409
M-2    959.351969   1.050560     5.565049     6.615609   0.000000    958.301409
M-3    959.351975   1.050562     5.565048     6.615610   0.000000    958.301413
B-1    959.351979   1.050560     5.565050     6.615610   0.000000    958.301419
B-2    959.351989   1.050562     5.565044     6.615606   0.000000    958.301427
B-3    517.178188   0.566345     3.000072     3.566417   0.000000    459.920335

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:19                                        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                       75,076.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    33,380.11

SUBSERVICER ADVANCES THIS MONTH                                       41,927.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,683,228.31

 (B)  TWO MONTHLY PAYMENTS:                                    2     387,730.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     312,753.18


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,633,408.05

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     312,560,177.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,088

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,561,119.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.15194180 %     6.49394600 %    1.35411190 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.11642620 %     6.55220127 %    1.33137250 %

      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                          7.63585845
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.87

POOL TRADING FACTOR:                                                73.12780459


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


Run:        05/27/97     11:58:19                                    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-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    23,118,936.60     6.500000  %  2,019,660.59
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    25,371,366.75     6.500000  %    509,832.39
A-6   760944VG0    64,049,000.00    54,184,378.31     6.500000  %    414,663.68
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     0.251366  %          0.00
R     760944VM7           100.00             0.00     6.500000  %          0.00
M     760944VL9    10,156,500.00     8,519,122.88     6.500000  %     43,640.35
B                     781,392.32       597,327.35     6.500000  %      3,059.89

- -------------------------------------------------------------------------------
                  312,503,992.32   205,757,131.89                  2,990,856.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       124,218.06  2,143,878.65             0.00         0.00  21,099,276.01
A-2       200,412.92    200,412.92             0.00         0.00  37,300,000.00
A-3        93,930.80     93,930.80             0.00         0.00  17,482,000.00
A-4        27,509.76     27,509.76             0.00         0.00   5,120,000.00
A-5       136,320.37    646,152.76             0.00         0.00  24,861,534.36
A-6       291,132.70    705,796.38             0.00         0.00  53,769,714.63
A-7       183,025.89    183,025.89             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       42,752.83     42,752.83             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,773.25     89,413.60             0.00         0.00   8,475,482.53
B           3,209.44      6,269.33             0.00         0.00     594,267.46

- -------------------------------------------------------------------------------
        1,148,286.02  4,139,142.92             0.00         0.00 202,766,274.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    261.301784  22.827214     1.403975    24.231189   0.000000    238.474570
A-2   1000.000000   0.000000     5.373001     5.373001   0.000000   1000.000000
A-3   1000.000000   0.000000     5.373001     5.373001   0.000000   1000.000000
A-4   1000.000000   0.000000     5.373000     5.373000   0.000000   1000.000000
A-5    676.569780  13.595530     3.635210    17.230740   0.000000    662.974250
A-6    845.983205   6.474163     4.545468    11.019631   0.000000    839.509042
A-7   1000.000000   0.000000     5.373001     5.373001   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      838.785298   4.296790     4.506794     8.803584   0.000000    834.488508
B      764.439750   3.915946     4.107335     8.023281   0.000000    760.523805

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:20                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S32 (POOL # 4126)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4126 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       46,883.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,808.38

SUBSERVICER ADVANCES THIS MONTH                                       18,779.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     867,336.81

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        804,517.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     202,766,274.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          827

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,936,838.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.56931510 %     4.14037800 %    0.29030700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.52699280 %     4.17992713 %    0.29308000 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2517 %

      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                          7.15239358
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.18

POOL TRADING FACTOR:                                                64.88437907


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


Run:        05/27/97     11:58:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    30,957,803.80     5.400000  %  1,177,105.43
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     5.909000  %          0.00
A-9   760944WY0     8,653,500.00     7,320,688.44     9.545668  %          0.00
A-10  760944WU8     8,704,536.00     8,704,536.00     6.937500  %          0.00
A-11  760944WV6     3,108,764.00     3,108,764.00     7.175000  %          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     0.150833  %          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     5,134,108.41     7.000000  %      5,681.13
M-2   760944WQ7     3,209,348.00     3,080,449.12     7.000000  %      3,408.66
M-3   760944WR5     2,139,566.00     2,053,633.37     7.000000  %      2,272.44
B-1                 1,390,718.00     1,334,861.79     7.000000  %      1,477.09
B-2                   320,935.00       308,045.12     7.000000  %        340.87
B-3                   962,805.06       664,612.97     7.000000  %        735.42

- -------------------------------------------------------------------------------
                  213,956,513.06   171,947,389.82                  1,191,021.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       138,949.88  1,316,055.31             0.00         0.00  29,780,698.37
A-2        97,416.57     97,416.57             0.00         0.00  18,171,000.00
A-3        25,070.83     25,070.83             0.00         0.00   4,309,000.00
A-4       194,893.46    194,893.46             0.00         0.00  33,496,926.28
A-5         2,607.86      2,607.86             0.00         0.00     448,220.39
A-6       133,802.36    133,802.36             0.00         0.00  26,829,850.30
A-7        74,334.64     74,334.64             0.00         0.00   8,943,283.44
A-8        83,895.17     83,895.17             0.00         0.00  17,081,606.39
A-9        58,083.46     58,083.46             0.00         0.00   7,320,688.44
A-10       50,192.97     50,192.97             0.00         0.00   8,704,536.00
A-11       18,539.75     18,539.75             0.00         0.00   3,108,764.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       49,477.18     49,477.18             0.00         0.00           0.00
A-14       21,556.83     21,556.83             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        29,871.53     35,552.66             0.00         0.00   5,128,427.28
M-2        17,922.82     21,331.48             0.00         0.00   3,077,040.46
M-3        11,948.55     14,220.99             0.00         0.00   2,051,360.93
B-1         7,766.55      9,243.64             0.00         0.00   1,333,384.70
B-2         1,792.28      2,133.15             0.00         0.00     307,704.25
B-3         3,866.87      4,602.29             0.00         0.00     663,877.55

- -------------------------------------------------------------------------------
        1,021,989.56  2,213,010.60             0.00         0.00 170,756,368.78
===============================================================================



































Run:        05/27/97     11:58:20
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    523.369069  19.900009     2.349071    22.249080   0.000000    503.469060
A-2   1000.000000   0.000000     5.361101     5.361101   0.000000   1000.000000
A-3   1000.000000   0.000000     5.818248     5.818248   0.000000   1000.000000
A-4    963.172558   0.000000     5.603978     5.603978   0.000000    963.172558
A-5    912.872485   0.000000     5.311324     5.311324   0.000000    912.872485
A-6    918.909163   0.000000     4.582665     4.582665   0.000000    918.909164
A-7    918.909164   0.000000     7.637774     7.637774   0.000000    918.909164
A-8    845.980060   0.000000     4.154975     4.154975   0.000000    845.980060
A-9    845.980059   0.000000     6.712135     6.712135   0.000000    845.980059
A-10  1000.000000   0.000000     5.766300     5.766300   0.000000   1000.000000
A-11  1000.000000   0.000000     5.963705     5.963705   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    959.836426   1.062104     5.584569     6.646673   0.000000    958.774322
M-2    959.836428   1.062104     5.584567     6.646671   0.000000    958.774324
M-3    959.836420   1.062103     5.584567     6.646670   0.000000    958.774317
B-1    959.836423   1.062106     5.584561     6.646667   0.000000    958.774317
B-2    959.836478   1.062115     5.584558     6.646673   0.000000    958.774362
B-3    690.288198   0.763820     4.016265     4.780085   0.000000    689.524367

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:21                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S34 (POOL # 4127)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4127 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,076.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,051.55

SUBSERVICER ADVANCES THIS MONTH                                       15,935.15
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,809,926.08

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     230,257.37


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        227,765.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     170,756,368.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          584

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,000,753.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.68630320 %     5.97170500 %    1.34199180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.64343970 %     6.00670344 %    1.34985680 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1501 %

      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                          7.53428290
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.91

POOL TRADING FACTOR:                                                79.80891366


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


Run:        05/27/97     11:58:21                                    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-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    43,823,722.03     8.134995  %     43,473.31
M     760944VP0     3,025,700.00     2,789,404.32     8.134995  %      2,398.05
R     760944VQ8           100.00             0.00     8.134995  %          0.00
B-1                 3,429,100.00     2,513,820.39     8.134995  %      2,161.12
B-2                   941,300.03             0.00     8.134995  %          0.00

- -------------------------------------------------------------------------------
                  134,473,200.03    49,126,946.74                     48,032.48
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         297,048.40    340,521.71             0.00         0.00  43,780,248.72
M          18,907.30     21,305.35             0.00         0.00   2,787,006.27
R               0.00          0.00             0.00         0.00           0.00
B-1        17,039.32     19,200.44             0.00         0.00   2,510,711.72
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          332,995.02    381,027.50             0.00         0.00  49,077,966.71
===============================================================================











Run:        05/27/97     11:58:21
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      344.859589   0.342102     2.337547     2.679649   0.000000    344.517487
M      921.903797   0.792560     6.248901     7.041461   0.000000    921.111237
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    733.084597   0.630230     4.969036     5.599266   0.000000    732.178041
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:22                                        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                       13,047.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,097.31

SUBSERVICER ADVANCES THIS MONTH                                       29,242.96
MASTER SERVICER ADVANCES THIS MONTH                                    4,426.71


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,508,032.39

 (B)  TWO MONTHLY PAYMENTS:                                    1     431,238.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,962,876.24

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      49,077,966.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          164

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                 619,969.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        6,745.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.20505940 %     5.67795200 %    5.11698890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.20550640 %     5.67873214 %    5.11576150 %

      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                          8.59740842
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.25

POOL TRADING FACTOR:                                                36.49646673


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


Run:        05/27/97     11:58:22                                    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    12,982,900.17     6.846649  %    339,857.98
A-2   760944XA1    25,550,000.00    25,550,000.00     6.846649  %          0.00
A-3   760944XB9    15,000,000.00    12,130,700.32     6.846649  %     69,066.33
A-4                32,700,000.00    32,700,000.00     6.846649  %          0.00
A-5   760944XC7             0.00             0.00     0.050800  %          0.00
R     760944XD5           100.00             0.00     6.846649  %          0.00
B-1                 2,684,092.00     2,570,532.71     6.846649  %      2,889.63
B-2                 1,609,940.00     1,541,826.24     6.846649  %      1,733.22
B-3                 1,341,617.00     1,284,855.50     6.846649  %      1,444.35
B-4                   536,646.00       513,941.47     6.846649  %        577.74
B-5                   375,652.00       359,758.83     6.846649  %        404.42
B-6                   429,317.20       336,781.41     6.846649  %        378.60

- -------------------------------------------------------------------------------
                  107,329,364.20    89,971,296.65                    416,352.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        73,823.40    413,681.38             0.00         0.00  12,643,042.19
A-2       145,282.49    145,282.49             0.00         0.00  25,550,000.00
A-3        68,977.62    138,043.95             0.00         0.00  12,061,633.99
A-4       185,938.84    185,938.84             0.00         0.00  32,700,000.00
A-5         3,795.87      3,795.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B-1        14,616.57     17,506.20             0.00         0.00   2,567,643.08
B-2         8,767.13     10,500.35             0.00         0.00   1,540,093.02
B-3         7,305.95      8,750.30             0.00         0.00   1,283,411.15
B-4         2,922.37      3,500.11             0.00         0.00     513,363.73
B-5         2,045.66      2,450.08             0.00         0.00     359,354.41
B-6         1,915.03      2,293.63             0.00         0.00     336,402.81

- -------------------------------------------------------------------------------
          515,390.93    931,743.20             0.00         0.00  89,554,944.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    479.038454  12.539959     2.723910    15.263869   0.000000    466.498494
A-2   1000.000000   0.000000     5.686203     5.686203   0.000000   1000.000000
A-3    808.713355   4.604422     4.598508     9.202930   0.000000    804.108933
A-4   1000.000000   0.000000     5.686203     5.686203   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    957.691730   1.076576     5.445629     6.522205   0.000000    956.615153
B-2    957.691740   1.076574     5.445625     6.522199   0.000000    956.615166
B-3    957.691726   1.076574     5.445630     6.522204   0.000000    956.615152
B-4    957.691793   1.076576     5.445620     6.522196   0.000000    956.615218
B-5    957.691773   1.076582     5.445625     6.522207   0.000000    956.615192
B-6    784.458228   0.881842     4.460595     5.342437   0.000000    783.576363

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:22                                        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                       18,355.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,504.83

SUBSERVICER ADVANCES THIS MONTH                                        3,641.34
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     529,351.97

 (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                                                      89,554,944.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          313

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      315,212.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.65577310 %     7.34422690 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.62992320 %     7.37007680 %

      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                          7.26816628
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.01

POOL TRADING FACTOR:                                                83.43936913


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


Run:        05/27/97     11:58:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S35 (POOL # 4130)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4130 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944XE3     5,100,000.00     3,071,757.98     7.088857  %     50,141.75
A-2   760944XF0    25,100,000.00     5,499,409.74     7.088857  %    484,561.42
A-3   760944XG8    29,000,000.00     6,353,899.69     5.998857  %    559,851.84
A-4   760944ZC5             0.00             0.00     1.090000  %          0.00
A-5   760944XH6    52,129,000.00    52,129,000.00     7.088857  %          0.00
A-6   760944XJ2    35,266,000.00    35,266,000.00     7.088857  %          0.00
A-7   760944XK9    41,282,000.00    41,282,000.00     7.088857  %          0.00
R-I   760944XL7           100.00             0.00     7.088857  %          0.00
R-II  760944XQ6       210,347.00             0.00     7.088857  %          0.00
M-1   760944XM5     5,029,000.00     4,839,526.32     7.088857  %      5,317.73
M-2   760944XN3     3,520,000.00     3,387,379.75     7.088857  %      3,722.09
M-3   760944XP8     2,012,000.00     1,936,195.45     7.088857  %      2,127.51
B-1   760944B80     1,207,000.00     1,161,524.81     7.088857  %      1,276.30
B-2   760944B98       402,000.00       386,854.14     7.088857  %        425.08
B-3                   905,558.27       409,550.20     7.088857  %        450.01

- -------------------------------------------------------------------------------
                  201,163,005.27   155,723,098.08                  1,107,873.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        18,050.50     68,192.25             0.00         0.00   3,021,616.23
A-2        32,316.06    516,877.48             0.00         0.00   5,014,848.32
A-3        31,596.20    591,448.04             0.00         0.00   5,794,047.85
A-4         5,741.07      5,741.07             0.00         0.00           0.00
A-5       306,324.45    306,324.45             0.00         0.00  52,129,000.00
A-6       207,232.78    207,232.78             0.00         0.00  35,266,000.00
A-7       242,584.48    242,584.48             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        28,438.39     33,756.12             0.00         0.00   4,834,208.59
M-2        19,905.18     23,627.27             0.00         0.00   3,383,657.66
M-3        11,377.62     13,505.13             0.00         0.00   1,934,067.94
B-1         6,825.44      8,101.74             0.00         0.00   1,160,248.51
B-2         2,273.26      2,698.34             0.00         0.00     386,429.06
B-3         2,406.65      2,856.66             0.00         0.00     409,100.19

- -------------------------------------------------------------------------------
          915,072.08  2,022,945.81             0.00         0.00 154,615,224.35
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    602.305486   9.831716     3.539314    13.371030   0.000000    592.473771
A-2    219.099990  19.305236     1.287492    20.592728   0.000000    199.794754
A-3    219.099989  19.305236     1.089524    20.394760   0.000000    199.794753
A-5   1000.000000   0.000000     5.876277     5.876277   0.000000   1000.000000
A-6   1000.000000   0.000000     5.876277     5.876277   0.000000   1000.000000
A-7   1000.000000   0.000000     5.876277     5.876277   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    962.323786   1.057413     5.654880     6.712293   0.000000    961.266373
M-2    962.323793   1.057412     5.654881     6.712293   0.000000    961.266381
M-3    962.323782   1.057411     5.654881     6.712292   0.000000    961.266372
B-1    962.323786   1.057415     5.654880     6.712295   0.000000    961.266371
B-2    962.323731   1.057413     5.654876     6.712289   0.000000    961.266318
B-3    452.262669   0.496953     2.657620     3.154573   0.000000    451.765727

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:23                                        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                       32,310.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,513.11

SUBSERVICER ADVANCES THIS MONTH                                       16,533.27
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,821,083.51

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        551,512.05

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     154,615,224.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          549

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      936,763.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.21629240 %     6.52639300 %    1.25731450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.16913340 %     6.56593439 %    1.26493220 %

      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                          7.46337233
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.93

POOL TRADING FACTOR:                                                76.86066538


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


Run:        05/27/97     11:58:24                                    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-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        87,353.04     4.450000  %     87,353.04
A-3   760944XS2    17,312,000.00    17,312,000.00     5.065000  %    636,367.57
A-4   760944YL6    53,021,000.00    33,753,920.80     6.250000  %    439,005.19
A-5   760944YM4    24,343,000.00    17,821,892.64     6.087500  %    582,552.59
A-6   760944YN2             0.00             0.00     2.412500  %          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    29,708,834.13     7.000000  %     73,849.15
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     0.209323  %          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     6,992,008.73     6.500000  %     35,611.77
B                     777,263.95       437,630.39     6.500000  %      2,228.94

- -------------------------------------------------------------------------------
                  259,085,063.95   173,767,171.17                  1,856,968.25
===============================================================================
_______________________________________________________________________________
                                                                      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           322.81     87,675.85             0.00         0.00           0.00
A-3        72,818.94    709,186.51             0.00         0.00  16,675,632.43
A-4       175,195.08    614,200.27             0.00         0.00  33,314,915.61
A-5        90,097.03    672,649.62             0.00         0.00  17,239,340.05
A-6        35,705.80     35,705.80             0.00         0.00           0.00
A-7        23,215.42     23,215.42             0.00         0.00   4,877,000.00
A-8        39,815.00     39,815.00             0.00         0.00   7,400,000.00
A-9       139,890.52    139,890.52             0.00         0.00  26,000,000.00
A-10       58,467.12     58,467.12             0.00         0.00  11,167,000.00
A-11      172,703.56    246,552.71             0.00         0.00  29,634,984.98
A-12       64,251.23     64,251.23             0.00         0.00  11,995,104.41
A-13       25,401.82     25,401.82             0.00         0.00   6,214,427.03
A-14       30,206.61     30,206.61             0.00         0.00           0.00
R-I             1.81          1.81             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          37,742.70     73,354.47             0.00         0.00   6,956,396.96
B           2,362.32      4,591.26             0.00         0.00     435,401.45

- -------------------------------------------------------------------------------
          968,197.77  2,825,166.02             0.00         0.00 171,910,202.92
===============================================================================













































Run:        05/27/97     11:58:24
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     14.448071  14.448071     0.053392    14.501463   0.000000      0.000000
A-3   1000.000000  36.758755     4.206270    40.965025   0.000000    963.241245
A-4    636.614187   8.279836     3.304258    11.584094   0.000000    628.334351
A-5    732.115706  23.931011     3.701147    27.632158   0.000000    708.184696
A-7   1000.000000   0.000000     4.760185     4.760185   0.000000   1000.000000
A-8   1000.000000   0.000000     5.380405     5.380405   0.000000   1000.000000
A-9   1000.000000   0.000000     5.380405     5.380405   0.000000   1000.000000
A-10  1000.000000   0.000000     5.235705     5.235705   0.000000   1000.000000
A-11   742.628025   1.845998     4.317049     6.163047   0.000000    740.782027
A-12   735.887308   0.000000     3.941747     3.941747   0.000000    735.887308
A-13   735.887309   0.000000     3.007981     3.007981   0.000000    735.887309
R-I      0.000000   0.000000    18.050000    18.050000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      843.264114   4.294921     4.551920     8.846841   0.000000    838.969193
B      563.039608   2.867674     3.039276     5.906950   0.000000    560.171934

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:24                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S36 (POOL # 4131)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4131 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,195.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,074.68

SUBSERVICER ADVANCES THIS MONTH                                       18,062.67
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,051,439.04

 (B)  TWO MONTHLY PAYMENTS:                                    1     497,106.73

 (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                                                     171,910,202.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          738

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      971,935.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.72437130 %     4.02378000 %    0.25184870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.70019800 %     4.04652943 %    0.25327260 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2093 %

      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                          7.12681483
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.02

POOL TRADING FACTOR:                                                66.35280332


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


Run:        05/27/97     11:58:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     5,775,646.48     7.000000  %  1,199,335.91
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     6.337500  %          0.00
A-7   760944ZK7             0.00             0.00     3.162500  %          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     0.124129  %          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     6,410,744.98     7.000000  %      6,941.40
M-2   760944ZS0     4,012,200.00     3,846,331.97     7.000000  %      4,164.72
M-3   760944ZT8     2,674,800.00     2,564,221.31     7.000000  %      2,776.48
B-1                 1,604,900.00     1,538,551.94     7.000000  %      1,665.91
B-2                   534,900.00       512,786.75     7.000000  %        555.23
B-3                 1,203,791.32       723,742.12     7.000000  %        783.65

- -------------------------------------------------------------------------------
                  267,484,931.32   218,194,965.55                  1,216,223.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        33,610.65  1,232,946.56             0.00         0.00   4,576,310.57
A-2       149,665.49    149,665.49             0.00         0.00  29,037,000.00
A-3       194,913.78    194,913.78             0.00         0.00  36,634,000.00
A-4       103,265.08    103,265.08             0.00         0.00  18,679,000.00
A-5       249,277.71    249,277.71             0.00         0.00  43,144,000.00
A-6       113,601.50    113,601.50             0.00         0.00  21,561,940.00
A-7        56,688.72     56,688.72             0.00         0.00           0.00
A-8        98,929.36     98,929.36             0.00         0.00  17,000,000.00
A-9       122,206.85    122,206.85             0.00         0.00  21,000,000.00
A-10       56,837.83     56,837.83             0.00         0.00   9,767,000.00
A-11       22,516.25     22,516.25             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        37,306.52     44,247.92             0.00         0.00   6,403,803.58
M-2        22,383.25     26,547.97             0.00         0.00   3,842,167.25
M-3        14,922.17     17,698.65             0.00         0.00   2,561,444.83
B-1         8,953.41     10,619.32             0.00         0.00   1,536,886.03
B-2         2,984.10      3,539.33             0.00         0.00     512,231.52
B-3         4,211.69      4,995.34             0.00         0.00     722,958.47

- -------------------------------------------------------------------------------
        1,292,274.36  2,508,497.66             0.00         0.00 216,978,742.25
===============================================================================









































Run:        05/27/97     11:58:25
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    107.067449  22.232981     0.623066    22.856047   0.000000     84.834469
A-2   1000.000000   0.000000     5.154303     5.154303   0.000000   1000.000000
A-3   1000.000000   0.000000     5.320571     5.320571   0.000000   1000.000000
A-4   1000.000000   0.000000     5.528405     5.528405   0.000000   1000.000000
A-5   1000.000000   0.000000     5.777807     5.777807   0.000000   1000.000000
A-6   1000.000000   0.000000     5.268612     5.268612   0.000000   1000.000000
A-8   1000.000000   0.000000     5.819374     5.819374   0.000000   1000.000000
A-9   1000.000000   0.000000     5.819374     5.819374   0.000000   1000.000000
A-10  1000.000000   0.000000     5.819374     5.819374   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    958.659077   1.038013     5.578795     6.616808   0.000000    957.621064
M-2    958.659082   1.038014     5.578797     6.616811   0.000000    957.621068
M-3    958.659081   1.038014     5.578798     6.616812   0.000000    957.621067
B-1    958.659069   1.038015     5.578796     6.616811   0.000000    957.621054
B-2    958.659095   1.038007     5.578800     6.616807   0.000000    957.621088
B-3    601.218922   0.650952     3.498721     4.149673   0.000000    600.567937

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S37 (POOL # 4132)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4132 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,452.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,921.88

SUBSERVICER ADVANCES THIS MONTH                                       38,406.00
MASTER SERVICER ADVANCES THIS MONTH                                    1,744.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,119,108.03

 (B)  TWO MONTHLY PAYMENTS:                                    3     671,066.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,734,616.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     216,978,742.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          767

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                 242,221.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      979,966.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.85209030 %     5.87607400 %    1.27183540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.81980740 %     5.90261310 %    1.27757950 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1247 %

      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                          7.53884932
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.33

POOL TRADING FACTOR:                                                81.11811801


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


Run:        05/27/97     11:58:26                                    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-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    60,501,070.86     6.187500  %    960,162.41
A-2   760944ZB7             0.00             0.00     2.812500  %          0.00
A-3   760944ZD3    59,980,000.00    34,878,791.64     5.500000  %  1,280,216.55
A-4   760944A57    42,759,000.00    34,356,514.27     7.000000  %          0.00
A-5   760944A65    10,837,000.00    10,837,000.00     7.000000  %          0.00
A-6   760944A73     2,545,000.00     2,545,000.00     7.000000  %          0.00
A-7   760944A81     6,380,000.00     6,380,000.00     7.000000  %          0.00
A-8   760944A99    15,309,000.00     6,906,514.27     7.000000  %          0.00
A-9   760944B23    39,415,000.00    39,415,000.00     6.340000  %          0.00
A-10  760944ZW1    11,262,000.00    11,262,000.00     9.309883  %          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     4,287,778.55     0.000000  %     17,871.29
A-16  760944A40             0.00             0.00     0.078140  %          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     6,911,880.19     7.000000  %      7,734.03
M-2   760944B49     4,801,400.00     4,607,600.26     7.000000  %      5,155.66
M-3   760944B56     3,200,900.00     3,071,701.52     7.000000  %      3,437.07
B-1                 1,920,600.00     1,843,078.47     7.000000  %      2,062.31
B-2                   640,200.00       614,359.50     7.000000  %        687.44
B-3                 1,440,484.07     1,100,794.00     7.000000  %      1,231.73

- -------------------------------------------------------------------------------
                  320,088,061.92   256,120,077.00                  2,278,558.49
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       311,025.28  1,271,187.69             0.00         0.00  59,540,908.45
A-2       141,375.12    141,375.12             0.00         0.00           0.00
A-3       159,382.83  1,439,599.38             0.00         0.00  33,598,575.09
A-4       199,813.37    199,813.37             0.00         0.00  34,356,514.27
A-5        63,026.69     63,026.69             0.00         0.00  10,837,000.00
A-6        14,801.41     14,801.41             0.00         0.00   2,545,000.00
A-7        37,105.32     37,105.32             0.00         0.00   6,380,000.00
A-8        40,167.46     40,167.46             0.00         0.00   6,906,514.27
A-9       207,619.53    207,619.53             0.00         0.00  39,415,000.00
A-10       87,111.83     87,111.83             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       97,642.81     97,642.81             0.00         0.00  16,789,000.00
A-15            0.00     17,871.29             0.00         0.00   4,269,907.26
A-16       16,627.81     16,627.81             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        40,198.67     47,932.70             0.00         0.00   6,904,146.16
M-2        26,797.25     31,952.91             0.00         0.00   4,602,444.60
M-3        17,864.65     21,301.72             0.00         0.00   3,068,264.45
B-1        10,719.12     12,781.43             0.00         0.00   1,841,016.16
B-2         3,573.04      4,260.48             0.00         0.00     613,672.06
B-3         6,402.09      7,633.82             0.00         0.00   1,099,562.27

- -------------------------------------------------------------------------------
        1,481,254.28  3,759,812.77             0.00         0.00 253,841,518.51
===============================================================================































Run:        05/27/97     11:58:26
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    751.995810  11.934303     3.865877    15.800180   0.000000    740.061507
A-3    581.507030  21.344057     2.657266    24.001323   0.000000    560.162973
A-4    803.491996   0.000000     4.673013     4.673013   0.000000    803.491996
A-5   1000.000000   0.000000     5.815880     5.815880   0.000000   1000.000000
A-6   1000.000000   0.000000     5.815878     5.815878   0.000000   1000.000000
A-7   1000.000000   0.000000     5.815881     5.815881   0.000000   1000.000000
A-8    451.140785   0.000000     2.623781     2.623781   0.000000    451.140785
A-9   1000.000000   0.000000     5.267526     5.267526   0.000000   1000.000000
A-10  1000.000000   0.000000     7.735023     7.735023   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     5.815880     5.815880   0.000000   1000.000000
A-15   854.534444   3.561665     0.000000     3.561665   0.000000    850.972778
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    959.636824   1.073783     5.581133     6.654916   0.000000    958.563041
M-2    959.636827   1.073783     5.581133     6.654916   0.000000    958.563044
M-3    959.636827   1.073782     5.581133     6.654915   0.000000    958.563045
B-1    959.636817   1.073784     5.581131     6.654915   0.000000    958.563032
B-2    959.636832   1.073789     5.581131     6.654920   0.000000    958.563043
B-3    764.183390   0.855081     4.444402     5.299483   0.000000    763.328309

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S39 (POOL # 4133)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4133 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       68,964.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,744.89

SUBSERVICER ADVANCES THIS MONTH                                       20,938.13
MASTER SERVICER ADVANCES THIS MONTH                                    3,194.54


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,611,101.62

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,405,377.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     253,841,518.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          912

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                 471,847.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,991,800.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.79305550 %     5.79400700 %    1.41293710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.73591030 %     5.74171447 %    1.42414050 %

      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                          7.41177146
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.21

POOL TRADING FACTOR:                                                79.30365069


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


Run:        05/27/97     11:58:27                                    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-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     5,699,832.50     6.000000  %  2,366,028.12
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     5.809000  %          0.00
A-9   760944YF9     3,770,880.00     3,530,467.90     5.484118  %          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     5.909000  %          0.00
A-12  760944XX1       987,000.00       987,000.00     6.156000  %          0.00
A-13  760944XY9             0.00             0.00     0.376684  %          0.00
R     760944YK8       109,869.00             0.00     6.000000  %          0.00
M-1   760944YH5     2,008,172.00     1,689,608.94     6.000000  %      8,563.72
M-2   760944YJ1     3,132,748.00     2,635,789.62     6.000000  %     13,359.41
B                     481,961.44       405,506.25     6.000000  %      2,055.29

- -------------------------------------------------------------------------------
                  160,653,750.44   118,617,453.07                  2,390,006.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        28,266.48  2,394,294.60             0.00         0.00   3,333,804.38
A-2       115,970.38    115,970.38             0.00         0.00  23,385,000.00
A-3       175,306.95    175,306.95             0.00         0.00  35,350,000.00
A-4        17,862.96     17,862.96             0.00         0.00   3,602,000.00
A-5        50,211.68     50,211.68             0.00         0.00  10,125,000.00
A-6        71,764.45     71,764.45             0.00         0.00  14,471,035.75
A-7        24,276.18     24,276.18             0.00         0.00   4,895,202.95
A-8        41,481.74     41,481.74             0.00         0.00   8,639,669.72
A-9        16,002.86     16,002.86             0.00         0.00   3,530,467.90
A-10       10,354.37     10,354.37             0.00         0.00   1,509,339.44
A-11        8,263.67      8,263.67             0.00         0.00   1,692,000.00
A-12        5,021.97      5,021.97             0.00         0.00     987,000.00
A-13       36,930.39     36,930.39             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,379.07     16,942.79             0.00         0.00   1,681,045.22
M-2        13,071.35     26,430.76             0.00         0.00   2,622,430.21
B           2,010.97      4,066.26             0.00         0.00     403,450.96

- -------------------------------------------------------------------------------
          625,175.47  3,015,182.01             0.00         0.00 116,227,446.53
===============================================================================















































Run:        05/27/97     11:58:27
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    163.661312  67.936604     0.811625    68.748229   0.000000     95.724707
A-2   1000.000000   0.000000     4.959178     4.959178   0.000000   1000.000000
A-3   1000.000000   0.000000     4.959178     4.959178   0.000000   1000.000000
A-4   1000.000000   0.000000     4.959178     4.959178   0.000000   1000.000000
A-5   1000.000000   0.000000     4.959178     4.959178   0.000000   1000.000000
A-6    578.841430   0.000000     2.870578     2.870578   0.000000    578.841430
A-7    916.361466   0.000000     4.544399     4.544399   0.000000    916.361466
A-8    936.245093   0.000000     4.495204     4.495204   0.000000    936.245093
A-9    936.245094   0.000000     4.243800     4.243800   0.000000    936.245094
A-10   936.245093   0.000000     6.422828     6.422828   0.000000    936.245093
A-11  1000.000000   0.000000     4.883966     4.883966   0.000000   1000.000000
A-12  1000.000000   0.000000     5.088116     5.088116   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    841.366646   4.264436     4.172486     8.436922   0.000000    837.102210
M-2    841.366628   4.264438     4.172487     8.436925   0.000000    837.102190
B      841.366583   4.264428     4.172491     8.436919   0.000000    837.102155

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S42 (POOL # 4134)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4134 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,407.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,168.07

SUBSERVICER ADVANCES THIS MONTH                                       13,363.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,155,368.87

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        151,379.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     116,227,446.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          457

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,788,798.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.01162840 %     0.34186100 %    3.64651110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.95024540 %     0.34712193 %    3.70263270 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3777 %

      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                          6.74152051
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              132.62

POOL TRADING FACTOR:                                                72.34655040


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


Run:        05/27/97     11:58:28                                    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-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    80,594,572.78     6.087500  %  2,964,705.39
A-2   760944C30             0.00             0.00     1.412500  %          0.00
A-3   760944C48    30,006,995.00    10,134,043.43     4.750000  %  1,111,771.59
A-4   760944C55             0.00             0.00     1.412500  %          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    42,194,223.35     6.750000  %          0.00
A-11  760944D47     4,850,379.00     4,100,970.53     0.000000  %     22,458.42
A-12  760944D54             0.00             0.00     0.135193  %          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    10,386,661.61     6.750000  %     11,896.36
M-2   760944E20     6,487,300.00     6,231,804.87     6.750000  %      7,137.60
M-3   760944E38     4,325,000.00     4,154,664.67     6.750000  %      4,758.54
B-1                 2,811,100.00     2,700,387.92     6.750000  %      3,092.89
B-2                   865,000.00       830,932.94     6.750000  %        951.71
B-3                 1,730,037.55     1,329,700.32     6.750000  %      1,508.56

- -------------------------------------------------------------------------------
                  432,489,516.55   355,026,093.74                  4,128,281.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       406,860.04  3,371,565.43             0.00         0.00  77,629,867.39
A-2        31,654.64     31,654.64             0.00         0.00           0.00
A-3        39,918.72  1,151,690.31             0.00         0.00   9,022,271.84
A-4        62,750.34     62,750.34             0.00         0.00           0.00
A-5       308,048.09    308,048.09             0.00         0.00  59,913,758.57
A-6        33,827.47     33,827.47             0.00         0.00   6,579,267.84
A-7       131,630.37    131,630.37             0.00         0.00  24,049,823.12
A-8       315,597.10    315,597.10             0.00         0.00  56,380,504.44
A-9       254,382.96    254,382.96             0.00         0.00  45,444,777.35
A-10            0.00          0.00       236,187.57         0.00  42,430,410.92
A-11            0.00     22,458.42             0.00         0.00   4,078,512.11
A-12       39,803.01     39,803.01             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        58,140.67     70,037.03             0.00         0.00  10,374,765.25
M-2        34,883.32     42,020.92             0.00         0.00   6,224,667.27
M-3        23,256.27     28,014.81             0.00         0.00   4,149,906.13
B-1        15,115.77     18,208.66             0.00         0.00   2,697,295.03
B-2         4,651.26      5,602.97             0.00         0.00     829,981.23
B-3         7,443.16      8,951.72             0.00         0.00   1,178,266.81

- -------------------------------------------------------------------------------
        1,767,963.19  5,896,244.25       236,187.57         0.00 350,984,075.30
===============================================================================







































Run:        05/27/97     11:58:28
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    594.626873  21.873601     3.001814    24.875415   0.000000    572.753272
A-3    337.722702  37.050414     1.330314    38.380728   0.000000    300.672288
A-5    963.750404   0.000000     4.955147     4.955147   0.000000    963.750404
A-6    966.588862   0.000000     4.969741     4.969741   0.000000    966.588862
A-7    973.681464   0.000000     5.329189     5.329189   0.000000    973.681465
A-8    990.697237   0.000000     5.545555     5.545555   0.000000    990.697237
A-9    984.076044   0.000000     5.508492     5.508492   0.000000    984.076044
A-10  1101.705615   0.000000     0.000000     0.000000   6.166938   1107.872553
A-11   845.494863   4.630240     0.000000     4.630240   0.000000    840.864623
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    960.616103   1.100241     5.377172     6.477413   0.000000    959.515861
M-2    960.616107   1.100242     5.377171     6.477413   0.000000    959.515865
M-3    960.616109   1.100240     5.377172     6.477412   0.000000    959.515868
B-1    960.616100   1.100242     5.377173     6.477415   0.000000    959.515859
B-2    960.616116   1.100243     5.377179     6.477422   0.000000    959.515873
B-3    768.596219   0.871981     4.302311     5.174292   0.000000    681.064298

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S40 (POOL # 4135)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4135 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      104,320.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    37,570.12

SUBSERVICER ADVANCES THIS MONTH                                       48,242.19
MASTER SERVICER ADVANCES THIS MONTH                                      672.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,754,165.36

 (B)  TWO MONTHLY PAYMENTS:                                    1     241,334.39

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     222,750.99


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,041,097.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     350,984,075.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,301

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                 103,362.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,269,330.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.69526440 %     5.91953400 %    1.38520180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.66230220 %     5.91176071 %    1.35643340 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1342 %

      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                          7.28502875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.73

POOL TRADING FACTOR:                                                81.15435447


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


Run:        05/27/97     11:58:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S43 (POOL # 4136)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4136 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944E87    48,353,000.00    10,737,391.50     6.500000  %    997,492.09
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    25,685,021.39     6.500000  %     28,780.77
A-11  760944G28             0.00             0.00     0.336146  %          0.00
R     760944G36     5,463,000.00        34,927.86     6.500000  %          0.00
M-1   760944G44     6,675,300.00     6,421,543.93     6.500000  %      7,195.51
M-2   760944G51     4,005,100.00     3,852,849.38     6.500000  %      4,317.22
M-3   760944G69     2,670,100.00     2,568,598.31     6.500000  %      2,878.18
B-1                 1,735,600.00     1,669,622.59     6.500000  %      1,870.86
B-2                   534,100.00       513,796.63     6.500000  %        575.72
B-3                 1,068,099.02       780,453.91     6.500000  %        874.53

- -------------------------------------------------------------------------------
                  267,002,299.02   222,062,205.50                  1,043,984.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        58,074.70  1,055,566.79             0.00         0.00   9,739,899.41
A-2       133,485.26    133,485.26             0.00         0.00  16,042,000.00
A-3       172,264.64    172,264.64             0.00         0.00  34,794,000.00
A-4       181,324.95    181,324.95             0.00         0.00  36,624,000.00
A-5       151,866.58    151,866.58             0.00         0.00  30,674,000.00
A-6        68,646.47     68,646.47             0.00         0.00  12,692,000.00
A-7       175,337.33    175,337.33             0.00         0.00  32,418,000.00
A-8        15,771.60     15,771.60             0.00         0.00   2,916,000.00
A-9        19,676.63     19,676.63             0.00         0.00   3,638,000.00
A-10      138,921.07    167,701.84             0.00         0.00  25,656,240.62
A-11       62,112.22     62,112.22             0.00         0.00           0.00
R               3.00          3.00           188.91         0.00      35,116.77
M-1        34,731.82     41,927.33             0.00         0.00   6,414,348.42
M-2        20,838.68     25,155.90             0.00         0.00   3,848,532.16
M-3        13,892.63     16,770.81             0.00         0.00   2,565,720.13
B-1         9,030.39     10,901.25             0.00         0.00   1,667,751.73
B-2         2,778.95      3,354.67             0.00         0.00     513,220.91
B-3         4,221.20      5,095.73             0.00         0.00     779,579.38

- -------------------------------------------------------------------------------
        1,262,978.12  2,306,963.00           188.91         0.00 221,018,409.53
===============================================================================












































Run:        05/27/97     11:58:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S43 (POOL # 4136)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4136 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    222.062571  20.629373     1.201057    21.830430   0.000000    201.433198
A-2   1000.000000   0.000000     8.320986     8.320986   0.000000   1000.000000
A-3   1000.000000   0.000000     4.950987     4.950987   0.000000   1000.000000
A-4   1000.000000   0.000000     4.950987     4.950987   0.000000   1000.000000
A-5   1000.000000   0.000000     4.950987     4.950987   0.000000   1000.000000
A-6   1000.000000   0.000000     5.408641     5.408641   0.000000   1000.000000
A-7   1000.000000   0.000000     5.408641     5.408641   0.000000   1000.000000
A-8   1000.000000   0.000000     5.408642     5.408642   0.000000   1000.000000
A-9   1000.000000   0.000000     5.408639     5.408639   0.000000   1000.000000
A-10   961.985820   1.077931     5.203036     6.280967   0.000000    960.907888
R        6.393531   0.000000     0.000549     0.000549   0.034580      6.428111
M-1    961.985818   1.077931     5.203035     6.280966   0.000000    960.907887
M-2    961.985813   1.077931     5.203036     6.280967   0.000000    960.907882
M-3    961.985810   1.077930     5.203037     6.280967   0.000000    960.907880
B-1    961.985820   1.077933     5.203036     6.280969   0.000000    960.907888
B-2    961.985827   1.077925     5.203052     6.280977   0.000000    960.907901
B-3    730.694341   0.818763     3.952068     4.770831   0.000000    729.875569

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:30                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S43 (POOL # 4136)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4136 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       58,078.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,535.14

SUBSERVICER ADVANCES THIS MONTH                                       25,153.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,555,211.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     206,230.44


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        978,106.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     221,018,409.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          810

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      794,969.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.88178520 %     5.78351100 %    1.33470400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.85618210 %     5.80431320 %    1.33950470 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3355 %

      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                          7.27491963
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.72

POOL TRADING FACTOR:                                                82.77771777


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


Run:        05/27/97     11:58:30                                    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     8,235,785.97     6.500000  %     24,503.62
A-2   760944G85    50,000,000.00    34,639,146.43     6.375000  %    213,350.79
A-3   760944G93    16,984,000.00    13,891,214.91     6.237500  %     42,956.48
A-4   760944H27             0.00             0.00     2.762500  %          0.00
A-5   760944H35    85,916,000.00    71,385,619.92     6.100000  %    201,816.13
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     5.909000  %          0.00
A-10  760944H84     5,731,923.00     5,041,226.65     7.597557  %          0.00
A-11  760944H92     5,000,000.00     4,397,500.33     6.109000  %          0.00
A-12  760944J25     1,923,077.00     1,691,346.35     7.516600  %          0.00
A-13  760944J33             0.00             0.00     0.315711  %          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     5,774,105.15     6.500000  %      6,470.40
M-2   760944J74     3,601,003.00     3,463,023.26     6.500000  %      3,880.63
M-3   760944J82     2,400,669.00     2,308,682.47     6.500000  %      2,587.09
B-1   760944J90     1,560,435.00     1,500,643.75     6.500000  %      1,681.61
B-2   760944K23       480,134.00       461,736.69     6.500000  %        517.42
B-3   760944K31       960,268.90       804,191.24     6.500000  %        901.14

- -------------------------------------------------------------------------------
                  240,066,876.90   201,816,501.31                    498,665.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        44,593.44     69,097.06             0.00         0.00   8,211,282.35
A-2       183,950.04    397,300.83             0.00         0.00  34,425,795.64
A-3        72,177.75    115,134.23             0.00         0.00  13,848,258.43
A-4        31,966.49     31,966.49             0.00         0.00           0.00
A-5       362,738.03    564,554.16             0.00         0.00  71,183,803.79
A-6        78,393.12     78,393.12             0.00         0.00  14,762,000.00
A-7        99,834.28     99,834.28             0.00         0.00  18,438,000.00
A-8        30,646.60     30,646.60             0.00         0.00   5,660,000.00
A-9        46,083.78     46,083.78             0.00         0.00   9,362,278.19
A-10       31,905.29     31,905.29             0.00         0.00   5,041,226.65
A-11       22,378.37     22,378.37             0.00         0.00   4,397,500.33
A-12       10,590.26     10,590.26             0.00         0.00   1,691,346.35
A-13       53,076.01     53,076.01             0.00         0.00           0.00
R-I             1.20          1.20             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        31,264.43     37,734.83             0.00         0.00   5,767,634.75
M-2        18,750.86     22,631.49             0.00         0.00   3,459,142.63
M-3        12,500.57     15,087.66             0.00         0.00   2,306,095.38
B-1         8,125.38      9,806.99             0.00         0.00   1,498,962.14
B-2         2,500.11      3,017.53             0.00         0.00     461,219.27
B-3         4,354.36      5,255.50             0.00         0.00     803,290.10

- -------------------------------------------------------------------------------
        1,145,830.37  1,644,495.68             0.00         0.00 201,317,836.00
===============================================================================





































Run:        05/27/97     11:58:30
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    823.578597   2.450362     4.459344     6.909706   0.000000    821.128235
A-2    692.782929   4.267016     3.679001     7.946017   0.000000    688.515913
A-3    817.900077   2.529232     4.249750     6.778982   0.000000    815.370845
A-5    830.876902   2.348994     4.222008     6.571002   0.000000    828.527909
A-6   1000.000000   0.000000     5.310467     5.310467   0.000000   1000.000000
A-7   1000.000000   0.000000     5.414594     5.414594   0.000000   1000.000000
A-8   1000.000000   0.000000     5.414594     5.414594   0.000000   1000.000000
A-9    879.500065   0.000000     4.329148     4.329148   0.000000    879.500065
A-10   879.500065   0.000000     5.566245     5.566245   0.000000    879.500065
A-11   879.500066   0.000000     4.475674     4.475674   0.000000    879.500066
A-12   879.500067   0.000000     5.506935     5.506935   0.000000    879.500067
R-I      0.000000   0.000000    11.980000    11.980000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.682970   1.077652     5.207122     6.284774   0.000000    960.605318
M-2    961.682970   1.077653     5.207121     6.284774   0.000000    960.605318
M-3    961.682960   1.077654     5.207119     6.284773   0.000000    960.605306
B-1    961.682960   1.077655     5.207125     6.284780   0.000000    960.605306
B-2    961.682968   1.077657     5.207109     6.284766   0.000000    960.605310
B-3    837.464631   0.938435     4.534532     5.472967   0.000000    836.526206

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S44 (POOL # 4137)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4137 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,025.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,305.27

SUBSERVICER ADVANCES THIS MONTH                                       28,989.88
MASTER SERVICER ADVANCES THIS MONTH                                    3,957.27


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   4,192,780.02

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        134,658.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     201,317,836.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          752

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                 558,685.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      272,511.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.90821990 %     5.72094500 %    1.37083520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.89862010 %     5.72868902 %    1.37269080 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3157 %

      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                          7.25143132
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.52

POOL TRADING FACTOR:                                                83.85906402


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


Run:        05/27/97     11:58:31                                    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    45,959,691.28     8.148460  %  1,508,802.50
M-1   760944E61     2,987,500.00     2,819,046.51     8.148460  %      2,305.37
M-2   760944E79     1,991,700.00     1,879,395.81     8.148460  %      1,536.94
R     760944E53           100.00             0.00     8.148460  %          0.00
B-1                   863,100.00       814,433.15     8.148460  %        666.03
B-2                   332,000.00       313,279.78     8.148460  %        256.19
B-3                   796,572.42        31,605.78     8.148460  %          0.00

- -------------------------------------------------------------------------------
                  132,777,672.42    51,817,452.31                  1,513,567.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         308,560.28  1,817,362.78             0.00         0.00  44,450,888.78
M-1        18,926.28     21,231.65             0.00         0.00   2,816,741.14
M-2        12,617.73     14,154.67             0.00         0.00   1,877,858.87
R               0.00          0.00             0.00         0.00           0.00
B-1         5,467.87      6,133.90             0.00         0.00     813,767.12
B-2         2,103.26      2,359.45             0.00         0.00     244,000.64
B-3           212.19        212.19             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          347,887.61  1,861,454.64             0.00         0.00  50,203,256.55
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      365.319902  11.993022     2.452654    14.445676   0.000000    353.326880
M-1    943.613895   0.771672     6.335156     7.106828   0.000000    942.842223
M-2    943.613903   0.771672     6.335156     7.106828   0.000000    942.842230
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    943.613892   0.771672     6.335152     7.106824   0.000000    942.842220
B-2    943.613795   0.771657     6.335151     7.106808   0.000000    734.941687
B-3     39.677221   0.000000     0.266391     0.266391   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S46 (POOL # 4138)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4138 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,838.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,363.63

SUBSERVICER ADVANCES THIS MONTH                                       34,842.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,050,083.95

 (B)  TWO MONTHLY PAYMENTS:                                    3     757,056.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,761,900.51

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,203,256.55

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,338,008.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.69538970 %     9.06729700 %    2.23731320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.54184340 %     9.35118622 %    2.10697040 %

      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                          8.59999150
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.24

POOL TRADING FACTOR:                                                37.81001401


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


Run:        05/27/97     11:58:32                                    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    18,279,390.12     6.500000  %    331,874.40
A-2   760944M39    10,308,226.00     4,615,718.82     5.200000  %    194,023.35
A-3   760944M47    53,602,774.00    24,001,737.32     6.750000  %  1,008,921.40
A-4   760944M54    19,600,000.00    14,188,150.24     6.500000  %    184,457.43
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    20,837,689.54     6.500000  %    774,060.10
A-8   760944M96   122,726,000.00    95,845,205.81     6.500000  %  1,141,798.59
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    64,763,787.57     6.500000  %          0.00
A-16  760944N95     1,000,000.00     1,240,645.72     6.500000  %          0.00
A-17  760944P28     2,791,590.78     2,370,505.62     0.000000  %     14,296.69
A-18  760944P36             0.00             0.00     0.377713  %          0.00
R     760944P44           100.00             0.00     6.500000  %          0.00
M-1   760944P51    13,235,200.00    12,718,998.73     6.500000  %     14,360.76
M-2   760944P69     5,294,000.00     5,087,522.63     6.500000  %      5,744.22
M-3   760944P77     5,294,000.00     5,087,522.63     6.500000  %      5,744.22
B-1                 2,382,300.00     2,289,385.17     6.500000  %      2,584.90
B-2                   794,100.00       763,128.37     6.500000  %        861.63
B-3                 2,117,643.10     1,171,121.75     6.500000  %      1,322.28

- -------------------------------------------------------------------------------
                  529,391,833.88   436,308,410.04                  3,680,049.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        98,582.69    430,457.09             0.00         0.00  17,947,515.72
A-2        19,914.45    213,937.80             0.00         0.00   4,421,695.47
A-3       134,422.54  1,143,343.94             0.00         0.00  22,992,815.92
A-4        76,518.21    260,975.64             0.00         0.00  14,003,692.81
A-5        67,947.75     67,947.75             0.00         0.00  12,599,000.00
A-6       240,079.53    240,079.53             0.00         0.00  44,516,000.00
A-7       112,379.88    886,439.98             0.00         0.00  20,063,629.44
A-8       516,903.40  1,658,701.99             0.00         0.00  94,703,407.22
A-9       101,831.32    101,831.32             0.00         0.00  19,481,177.00
A-10       72,555.19     72,555.19             0.00         0.00  10,930,823.00
A-11      124,456.30    124,456.30             0.00         0.00  25,000,000.00
A-12       91,736.74     91,736.74             0.00         0.00  17,010,000.00
A-13       70,126.57     70,126.57             0.00         0.00  13,003,000.00
A-14      110,601.29    110,601.29             0.00         0.00  20,507,900.00
A-15            0.00          0.00       349,278.01         0.00  65,113,065.58
A-16            0.00          0.00         6,690.93         0.00   1,247,336.65
A-17            0.00     14,296.69             0.00         0.00   2,356,208.93
A-18      136,735.60    136,735.60             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        68,594.92     82,955.68             0.00         0.00  12,704,637.97
M-2        27,437.55     33,181.77             0.00         0.00   5,081,778.41
M-3        27,437.55     33,181.77             0.00         0.00   5,081,778.41
B-1        12,346.90     14,931.80             0.00         0.00   2,286,800.27
B-2         4,115.63      4,977.26             0.00         0.00     762,266.74
B-3         6,315.98      7,638.26             0.00         0.00   1,169,799.47

- -------------------------------------------------------------------------------
        2,121,039.99  5,801,089.96       355,968.94         0.00 432,984,329.01
===============================================================================































Run:        05/27/97     11:58:32
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    609.313004  11.062480     3.286090    14.348570   0.000000    598.250524
A-2    447.770433  18.822186     1.931899    20.754085   0.000000    428.948247
A-3    447.770433  18.822186     2.507753    21.329939   0.000000    428.948247
A-4    723.885216   9.411093     3.903990    13.315083   0.000000    714.474123
A-5   1000.000000   0.000000     5.393107     5.393107   0.000000   1000.000000
A-6   1000.000000   0.000000     5.393107     5.393107   0.000000   1000.000000
A-7    533.465337  19.816700     2.877035    22.693735   0.000000    513.648638
A-8    780.969035   9.303641     4.211849    13.515490   0.000000    771.665395
A-9   1000.000000   0.000000     5.227165     5.227165   0.000000   1000.000000
A-10  1000.000000   0.000000     6.637669     6.637669   0.000000   1000.000000
A-11  1000.000000   0.000000     4.978252     4.978252   0.000000   1000.000000
A-12  1000.000000   0.000000     5.393106     5.393106   0.000000   1000.000000
A-13  1000.000000   0.000000     5.393107     5.393107   0.000000   1000.000000
A-14  1000.000000   0.000000     5.393107     5.393107   0.000000   1000.000000
A-15  1113.985716   0.000000     0.000000     0.000000   6.007844   1119.993560
A-16  1240.645720   0.000000     0.000000     0.000000   6.690930   1247.336650
A-17   849.159424   5.121342     0.000000     5.121342   0.000000    844.038083
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.997849   1.085043     5.182764     6.267807   0.000000    959.912806
M-2    960.997852   1.085043     5.182764     6.267807   0.000000    959.912809
M-3    960.997852   1.085043     5.182764     6.267807   0.000000    959.912809
B-1    960.997847   1.085044     5.182765     6.267809   0.000000    959.912803
B-2    960.997821   1.085040     5.182760     6.267800   0.000000    959.912782
B-3    553.030749   0.624406     2.982556     3.606962   0.000000    552.406338

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:33                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S45 (POOL # 4139)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4139 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      100,306.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    45,947.08

SUBSERVICER ADVANCES THIS MONTH                                       51,745.74
MASTER SERVICER ADVANCES THIS MONTH                                      648.89


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   5,280,693.66

 (B)  TWO MONTHLY PAYMENTS:                                    2     360,928.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     513,466.77


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,291,385.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     432,984,329.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,547

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                  93,733.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,831,212.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.75079270 %     5.27588000 %    0.97332710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.70987170 %     5.28152944 %    0.97970060 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3766 %

      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                          7.24324054
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.83

POOL TRADING FACTOR:                                                81.78900793


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


Run:        05/27/97     11:58:33                                    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     7,120,812.41     6.500000  %     75,919.98
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    72,250,739.84     5.650000  %    770,315.86
A-9   760944S58    43,941,000.00    30,706,145.17     6.287500  %    327,379.77
A-10  760944S66             0.00             0.00     2.212500  %          0.00
A-11  760944S74    16,684,850.00    16,614,005.06     6.059000  %          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     6.511207  %          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    49,262,980.82     6.500000  %    698,329.29
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    33,853,070.41     6.500000  %    279,684.37
A-24  760944U48             0.00             0.00     0.233914  %          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    15,528,340.24     6.500000  %     17,737.90
M-2   760944U89     5,867,800.00     5,646,616.73     6.500000  %      6,450.09
M-3   760944U97     5,867,800.00     5,646,616.73     6.500000  %      6,450.09
B-1                 2,640,500.00     2,540,967.91     6.500000  %      2,902.53
B-2                   880,200.00       847,021.36     6.500000  %        967.55
B-3                 2,347,160.34     2,100,443.71     6.500000  %      2,399.30

- -------------------------------------------------------------------------------
                  586,778,060.34   496,556,930.76                  2,188,536.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        38,498.87    114,418.85             0.00         0.00   7,044,892.43
A-2        28,059.88     28,059.88             0.00         0.00   5,190,000.00
A-3        16,214.17     16,214.17             0.00         0.00   2,999,000.00
A-4       172,804.62    172,804.62             0.00         0.00  31,962,221.74
A-5       267,163.54    267,163.54             0.00         0.00  49,415,000.00
A-6        12,781.03     12,781.03             0.00         0.00   2,364,000.00
A-7        63,483.06     63,483.06             0.00         0.00  11,741,930.42
A-8       339,543.79  1,109,859.65             0.00         0.00  71,480,423.98
A-9       160,586.25    487,966.02             0.00         0.00  30,378,765.40
A-10       56,508.48     56,508.48             0.00         0.00           0.00
A-11       83,729.85     83,729.85             0.00         0.00  16,614,005.06
A-12       23,492.45     23,492.45             0.00         0.00   3,227,863.84
A-13       30,968.57     30,968.57             0.00         0.00   5,718,138.88
A-14       56,426.55     56,426.55             0.00         0.00  10,050,199.79
A-15        8,359.49      8,359.49             0.00         0.00   1,116,688.87
A-16       10,449.36     10,449.36             0.00         0.00   2,748,772.60
A-17      266,341.65    964,670.94             0.00         0.00  48,564,651.53
A-18      251,727.91    251,727.91             0.00         0.00  46,560,000.00
A-19      194,872.86    194,872.86             0.00         0.00  36,044,000.00
A-20       21,653.14     21,653.14             0.00         0.00   4,005,000.00
A-21       13,586.60     13,586.60             0.00         0.00   2,513,000.00
A-22      209,683.26    209,683.26             0.00         0.00  38,783,354.23
A-23      183,027.55    462,711.92             0.00         0.00  33,573,386.04
A-24       96,611.67     96,611.67             0.00         0.00           0.00
R-I             0.69          0.69             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        83,954.39    101,692.29             0.00         0.00  15,510,602.34
M-2        30,528.59     36,978.68             0.00         0.00   5,640,166.64
M-3        30,528.59     36,978.68             0.00         0.00   5,640,166.64
B-1        13,737.82     16,640.35             0.00         0.00   2,538,065.38
B-2         4,579.44      5,546.99             0.00         0.00     846,053.81
B-3        11,356.12     13,755.42             0.00         0.00   2,098,044.41

- -------------------------------------------------------------------------------
        2,781,260.24  4,969,796.97             0.00         0.00 494,368,394.03
===============================================================================
















Run:        05/27/97     11:58:33
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    698.803966   7.450440     3.778103    11.228543   0.000000    691.353526
A-2   1000.000000   0.000000     5.406528     5.406528   0.000000   1000.000000
A-3   1000.000000   0.000000     5.406526     5.406526   0.000000   1000.000000
A-4    976.571901   0.000000     5.279863     5.279863   0.000000    976.571901
A-5   1000.000000   0.000000     5.406527     5.406527   0.000000   1000.000000
A-6   1000.000000   0.000000     5.406527     5.406527   0.000000   1000.000000
A-7    995.753937   0.000000     5.383570     5.383570   0.000000    995.753937
A-8    698.803968   7.450440     3.284043    10.734483   0.000000    691.353528
A-9    698.803968   7.450440     3.654588    11.105028   0.000000    691.353529
A-11   995.753936   0.000000     5.018316     5.018316   0.000000    995.753936
A-12   995.753936   0.000000     7.247115     7.247115   0.000000    995.753936
A-13   995.753935   0.000000     5.392852     5.392852   0.000000    995.753935
A-14   995.753936   0.000000     5.590631     5.590631   0.000000    995.753936
A-15   995.753937   0.000000     7.454176     7.454176   0.000000    995.753937
A-16   995.753937   0.000000     3.785323     3.785323   0.000000    995.753937
A-17   631.422869   8.950759     3.413805    12.364564   0.000000    622.472110
A-18  1000.000000   0.000000     5.406527     5.406527   0.000000   1000.000000
A-19  1000.000000   0.000000     5.406527     5.406527   0.000000   1000.000000
A-20  1000.000000   0.000000     5.406527     5.406527   0.000000   1000.000000
A-21  1000.000000   0.000000     5.406526     5.406526   0.000000   1000.000000
A-22   997.770883   0.000000     5.394475     5.394475   0.000000    997.770883
A-23   746.155398   6.164522     4.034110    10.198632   0.000000    739.990876
R-I      0.000000   0.000000     1.380000     1.380000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    962.305581   1.099234     5.202731     6.301965   0.000000    961.206347
M-2    962.305588   1.099235     5.202732     6.301967   0.000000    961.206353
M-3    962.305588   1.099235     5.202732     6.301967   0.000000    961.206353
B-1    962.305590   1.099235     5.202734     6.301969   0.000000    961.206355
B-2    962.305567   1.099239     5.202727     6.301966   0.000000    961.206328
B-3    894.887185   1.022222     4.838229     5.860451   0.000000    893.864971

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:34                                        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                      114,618.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    52,227.60

SUBSERVICER ADVANCES THIS MONTH                                       54,818.03
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,647,988.31

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,319,044.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     793,528.05


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,349,464.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     494,368,394.03

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                    1,621,323.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.49319190 %     5.40151000 %    1.10529780 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.47185220 %     5.41922500 %    1.10892280 %

CLASS A-24 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2342 %

      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                          7.13676180
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.60

POOL TRADING FACTOR:                                                84.25134262


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


Run:        05/27/97     11:58:35                                    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     2,791,996.42     6.500000  %    305,614.92
A-2   760944K56    85,878,000.00    44,757,865.66     6.500000  %  1,753,442.22
A-3   760944K64    12,960,000.00    12,960,000.00     6.500000  %          0.00
A-4   760944K72     2,760,000.00     2,760,000.00     6.500000  %          0.00
A-5   760944K80    26,460,000.00    23,954,120.07     6.100000  %          0.00
A-6   760944K98    10,584,000.00     9,581,648.02     7.500000  %          0.00
A-7   760944L22     5,276,000.00     5,276,000.00     6.500000  %          0.00
A-8   760944L30    23,182,000.00    21,931,576.52     6.500000  %          0.00
A-9   760944L48    15,273,563.00    13,907,398.73     6.387500  %          0.00
A-10  760944L55     7,049,337.00     6,418,799.63     6.743554  %          0.00
A-11  760944L63             0.00             0.00     0.159003  %          0.00
R     760944L71           100.00             0.00     6.500000  %          0.00
M-1   760944L89     3,099,138.00     2,636,755.60     6.500000  %     13,155.74
M-2   760944L97     3,305,815.00     2,812,596.98     6.500000  %     14,033.07
B                     826,454.53       572,400.11     6.500000  %      2,855.92

- -------------------------------------------------------------------------------
                  206,613,407.53   150,361,157.74                  2,089,101.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        15,054.92    320,669.84             0.00         0.00   2,486,381.50
A-2       241,342.13  1,994,784.35             0.00         0.00  43,004,423.44
A-3        69,882.55     69,882.55             0.00         0.00  12,960,000.00
A-4        14,882.40     14,882.40             0.00         0.00   2,760,000.00
A-5       121,216.15    121,216.15             0.00         0.00  23,954,120.07
A-6        59,614.50     59,614.50             0.00         0.00   9,581,648.02
A-7        28,449.10     28,449.10             0.00         0.00   5,276,000.00
A-8       118,258.84    118,258.84             0.00         0.00  21,931,576.52
A-9        73,693.16     73,693.16             0.00         0.00  13,907,398.73
A-10       35,908.15     35,908.15             0.00         0.00   6,418,799.63
A-11       19,833.14     19,833.14             0.00         0.00           0.00
R               1.05          1.05             0.00         0.00           0.00
M-1        14,217.84     27,373.58             0.00         0.00   2,623,599.86
M-2        15,166.01     29,199.08             0.00         0.00   2,798,563.91
B           3,086.47      5,942.39             0.00         0.00     569,544.19

- -------------------------------------------------------------------------------
          830,606.41  2,919,708.28             0.00         0.00 148,272,055.87
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    280.349073  30.687310     1.511690    32.199000   0.000000    249.661763
A-2    521.179646  20.417828     2.810291    23.228119   0.000000    500.761818
A-3   1000.000000   0.000000     5.392172     5.392172   0.000000   1000.000000
A-4   1000.000000   0.000000     5.392174     5.392174   0.000000   1000.000000
A-5    905.295543   0.000000     4.581109     4.581109   0.000000    905.295543
A-6    905.295542   0.000000     5.632511     5.632511   0.000000    905.295542
A-7   1000.000000   0.000000     5.392172     5.392172   0.000000   1000.000000
A-8    946.060587   0.000000     5.101322     5.101322   0.000000    946.060587
A-9    910.553663   0.000000     4.824883     4.824883   0.000000    910.553663
A-10   910.553663   0.000000     5.093834     5.093834   0.000000    910.553663
R        0.000000   0.000000    10.510000    10.510000   0.000000      0.000000
M-1    850.802901   4.244967     4.587676     8.832643   0.000000    846.557933
M-2    850.802897   4.244965     4.587677     8.832642   0.000000    846.557932
B      692.597220   3.455617     3.734604     7.190221   0.000000    689.141591

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:35                                        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                       33,883.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,101.70

SUBSERVICER ADVANCES THIS MONTH                                       16,635.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,439,685.19

 (B)  TWO MONTHLY PAYMENTS:                                    1     190,306.35

 (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                                                     148,272,055.87

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          584

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,338,895.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.99514080 %     3.62417600 %    0.38068350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.95897690 %     3.65690200 %    0.38412110 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1591 %

      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                          7.05594943
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.30

POOL TRADING FACTOR:                                                71.76303689


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


Run:        05/27/97     11:58:36                                    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     5,466,045.82     6.000000  %    680,585.67
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    33,444,820.45     6.000000  %     38,364.78
A-5   760944Q43    10,500,000.00     2,592,234.76     6.000000  %    230,658.28
A-6   760944Q50    25,817,000.00    17,233,400.03     6.000000  %     42,738.27
A-7   760944Q68    11,470,000.00    11,470,000.00     6.000000  %          0.00
A-8   760944Q76    13,328,000.00    16,264,338.23     6.000000  %          0.00
A-9   760944Q84             0.00             0.00     0.237962  %          0.00
R     760944Q92           100.00             0.00     6.000000  %          0.00
M-1   760944R26     1,938,400.00     1,643,603.66     6.000000  %      8,544.05
M-2   760944R34       775,500.00       657,560.14     6.000000  %      3,418.24
M-3   760944R42       387,600.00       328,652.92     6.000000  %      1,708.46
B-1                   542,700.00       460,164.93     6.000000  %      2,392.11
B-2                   310,100.00       262,939.27     6.000000  %      1,366.85
B-3                   310,260.75       263,075.54     6.000000  %      1,367.56

- -------------------------------------------------------------------------------
                  155,046,660.75   114,543,835.75                  1,011,144.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        27,256.75    707,842.42             0.00         0.00   4,785,460.15
A-2       113,728.40    113,728.40             0.00         0.00  22,807,000.00
A-3         8,227.82      8,227.82             0.00         0.00   1,650,000.00
A-4       166,774.50    205,139.28             0.00         0.00  33,406,455.67
A-5        12,926.32    243,584.60             0.00         0.00   2,361,576.48
A-6        85,935.33    128,673.60             0.00         0.00  17,190,661.76
A-7        57,195.81     57,195.81             0.00         0.00  11,470,000.00
A-8             0.00          0.00        81,103.05         0.00  16,345,441.28
A-9        22,653.13     22,653.13             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,195.92     16,739.97             0.00         0.00   1,635,059.61
M-2         3,278.96      6,697.20             0.00         0.00     654,141.90
M-3         1,638.84      3,347.30             0.00         0.00     326,944.46
B-1         2,294.63      4,686.74             0.00         0.00     457,772.82
B-2         1,311.17      2,678.02             0.00         0.00     261,572.42
B-3         1,311.86      2,679.42             0.00         0.00     261,707.98

- -------------------------------------------------------------------------------
          512,729.44  1,523,873.71        81,103.05         0.00 113,613,794.53
===============================================================================















































Run:        05/27/97     11:58:36
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    196.818588  24.506181     0.981447    25.487628   0.000000    172.312406
A-2   1000.000000   0.000000     4.986557     4.986557   0.000000   1000.000000
A-3   1000.000000   0.000000     4.986558     4.986558   0.000000   1000.000000
A-4    893.338866   1.024755     4.454685     5.479440   0.000000    892.314111
A-5    246.879501  21.967455     1.231078    23.198533   0.000000    224.912046
A-6    667.521402   1.655431     3.328633     4.984064   0.000000    665.865971
A-7   1000.000000   0.000000     4.986557     4.986557   0.000000   1000.000000
A-8   1220.313493   0.000000     0.000000     0.000000   6.085163   1226.398656
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    847.917695   4.407785     4.228188     8.635973   0.000000    843.509910
M-2    847.917653   4.407789     4.228188     8.635977   0.000000    843.509865
M-3    847.917750   4.407792     4.228173     8.635965   0.000000    843.509959
B-1    847.917689   4.407794     4.228174     8.635968   0.000000    843.509895
B-2    847.917672   4.407772     4.228217     8.635989   0.000000    843.509900
B-3    847.917566   4.407776     4.228185     8.635961   0.000000    843.509790

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:36                                        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                       25,586.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,135.40

SUBSERVICER ADVANCES THIS MONTH                                       10,442.16
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     682,728.54

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      54,858.99


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        241,247.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     113,613,794.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          498

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      334,600.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.84313310 %     2.29590400 %    0.86096270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.83383590 %     2.30266578 %    0.86349830 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2379 %

      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                          6.63170928
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.54

POOL TRADING FACTOR:                                                73.27716313


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


Run:        05/27/97     11:58:37                                    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    45,068,828.18     5.750000  %  3,384,252.76
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     6.887500  %          0.00
A-14  760944Z43    22,295,600.00    21,279,253.46     6.412501  %          0.00
A-15  760944Z50    15,911,200.00    15,185,886.80     6.987500  %          0.00
A-16  760944Z68     5,303,800.00     5,062,025.89     6.037509  %          0.00
A-17  760944Z76    29,322,000.00    22,968,590.31     6.187500  %  1,504,112.34
A-18  760944Z84             0.00             0.00     2.812500  %          0.00
A-19  760944Z92    49,683,000.00    47,793,192.41     6.750000  %     52,940.16
A-20  7609442A5     5,593,279.30     4,628,309.33     0.000000  %     20,618.30
A-21  7609442B3             0.00             0.00     0.158363  %          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    14,101,892.07     6.750000  %     15,620.56
M-2   7609442F4     5,330,500.00     5,127,742.11     6.750000  %      5,679.96
M-3   7609442G2     5,330,500.00     5,127,742.11     6.750000  %      5,679.96
B-1                 2,665,200.00     2,563,822.96     6.750000  %      2,839.93
B-2                   799,500.00       769,089.19     6.750000  %        851.91
B-3                 1,865,759.44     1,511,505.32     6.750000  %      1,674.28

- -------------------------------------------------------------------------------
                  533,047,438.74   452,850,289.29                  4,994,270.16
===============================================================================
_______________________________________________________________________________
                                                                      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       214,772.78  3,599,025.54             0.00         0.00  41,684,575.42
A-4        63,141.87     63,141.87             0.00         0.00  11,287,000.00
A-5        86,431.12     86,431.12             0.00         0.00  20,857,631.08
A-6        30,250.89     30,250.89             0.00         0.00           0.00
A-7       203,985.42    203,985.42             0.00         0.00  37,443,000.00
A-8       114,675.75    114,675.75             0.00         0.00  20,499,000.00
A-9        13,258.28     13,258.28             0.00         0.00   2,370,000.00
A-10      268,629.17    268,629.17             0.00         0.00  48,019,128.22
A-11      115,984.80    115,984.80             0.00         0.00  20,733,000.00
A-12      269,769.18    269,769.18             0.00         0.00  48,222,911.15
A-13      298,141.83    298,141.83             0.00         0.00  52,230,738.70
A-14      113,088.63    113,088.63             0.00         0.00  21,279,253.46
A-15       87,942.15     87,942.15             0.00         0.00  15,185,886.80
A-16       25,328.96     25,328.96             0.00         0.00   5,062,025.89
A-17      117,783.56  1,621,895.90             0.00         0.00  21,464,477.97
A-18       53,537.98     53,537.98             0.00         0.00           0.00
A-19      267,365.24    320,305.40             0.00         0.00  47,740,252.25
A-20            0.00     20,618.30             0.00         0.00   4,607,691.03
A-21       59,435.00     59,435.00             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        78,888.97     94,509.53             0.00         0.00  14,086,271.51
M-2        28,685.68     34,365.64             0.00         0.00   5,122,062.15
M-3        28,685.68     34,365.64             0.00         0.00   5,122,062.15
B-1        14,342.56     17,182.49             0.00         0.00   2,560,983.03
B-2         4,302.45      5,154.36             0.00         0.00     768,237.28
B-3         8,455.69     10,129.97             0.00         0.00   1,486,154.11

- -------------------------------------------------------------------------------
        2,566,883.64  7,561,153.80             0.00         0.00 447,832,342.20
===============================================================================





















Run:        05/27/97     11:58:37
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    759.194599  57.008503     3.617896    60.626399   0.000000    702.186096
A-4   1000.000000   0.000000     5.594212     5.594212   0.000000   1000.000000
A-5    839.172443   0.000000     3.477414     3.477414   0.000000    839.172443
A-7   1000.000000   0.000000     5.447892     5.447892   0.000000   1000.000000
A-8   1000.000000   0.000000     5.594212     5.594212   0.000000   1000.000000
A-9   1000.000000   0.000000     5.594211     5.594211   0.000000   1000.000000
A-10   992.376792   0.000000     5.551566     5.551566   0.000000    992.376792
A-11  1000.000000   0.000000     5.594212     5.594212   0.000000   1000.000000
A-12   983.117799   0.000000     5.499769     5.499769   0.000000    983.117799
A-13   954.414928   0.000000     5.447961     5.447961   0.000000    954.414928
A-14   954.414928   0.000000     5.072240     5.072240   0.000000    954.414928
A-15   954.414928   0.000000     5.527060     5.527060   0.000000    954.414928
A-16   954.414927   0.000000     4.775625     4.775625   0.000000    954.414927
A-17   783.322772  51.296376     4.016901    55.313277   0.000000    732.026396
A-19   961.962692   1.065559     5.381423     6.446982   0.000000    960.897133
A-20   827.476885   3.686263     0.000000     3.686263   0.000000    823.790621
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    961.962691   1.065559     5.381423     6.446982   0.000000    960.897132
M-2    961.962688   1.065559     5.381424     6.446983   0.000000    960.897130
M-3    961.962688   1.065559     5.381424     6.446983   0.000000    960.897130
B-1    961.962689   1.065560     5.381420     6.446980   0.000000    960.897130
B-2    961.962714   1.065553     5.381426     6.446979   0.000000    960.897161
B-3    810.128727   0.897372     4.532031     5.429403   0.000000    796.541118

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:37                                        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                       99,008.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    47,514.91

SUBSERVICER ADVANCES THIS MONTH                                       26,644.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,526,065.73

 (B)  TWO MONTHLY PAYMENTS:                                    1     205,283.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     224,552.12


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        916,281.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     447,832,342.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,578

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    4,249,321.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.48497060 %     5.43422200 %    1.08080770 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.42415410 %     5.43292512 %    1.08644100 %
CLASS A-21 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1568 %

      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                          7.22619080
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.28

POOL TRADING FACTOR:                                                84.01359985


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


Run:        05/27/97     11:58:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    16,111,146.69    10.500000  %    103,211.06
A-2   760944V96    67,648,000.00    27,814,702.13     6.625000  %    963,303.27
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     0.126138  %          0.00
R     760944X37       267,710.00        21,309.67     7.000000  %        113.58
M-1   760944X45     7,801,800.00     7,529,349.85     7.000000  %      8,186.84
M-2   760944X52     2,600,600.00     2,509,783.28     7.000000  %      2,728.95
M-3   760944X60     2,600,600.00     2,509,783.28     7.000000  %      2,728.95
B-1                 1,300,350.00     1,254,939.89     7.000000  %      1,364.53
B-2                   390,100.00       376,477.14     7.000000  %        409.35
B-3                   910,233.77       799,897.39     7.000000  %        869.74

- -------------------------------------------------------------------------------
                  260,061,393.77   215,090,389.32                  1,082,916.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       140,590.97    243,802.03             0.00         0.00  16,007,935.63
A-2       153,144.70  1,116,447.97             0.00         0.00  26,851,398.86
A-3       112,232.07    112,232.07             0.00         0.00  20,384,000.00
A-4       289,984.24    289,984.24             0.00         0.00  52,668,000.00
A-5       272,563.60    272,563.60             0.00         0.00  49,504,000.00
A-6        58,635.04     58,635.04             0.00         0.00  10,079,000.00
A-7       112,179.72    112,179.72             0.00         0.00  19,283,000.00
A-8         6,108.42      6,108.42             0.00         0.00   1,050,000.00
A-9        18,587.06     18,587.06             0.00         0.00   3,195,000.00
A-10       22,548.02     22,548.02             0.00         0.00           0.00
R             123.97        237.55             0.00         0.00      21,196.09
M-1        43,802.33     51,989.17             0.00         0.00   7,521,163.01
M-2        14,600.77     17,329.72             0.00         0.00   2,507,054.33
M-3        14,600.77     17,329.72             0.00         0.00   2,507,054.33
B-1         7,300.67      8,665.20             0.00         0.00   1,253,575.36
B-2         2,190.18      2,599.53             0.00         0.00     376,067.79
B-3         4,653.43      5,523.17             0.00         0.00     799,027.65

- -------------------------------------------------------------------------------
        1,273,845.96  2,356,762.23             0.00         0.00 214,007,473.05
===============================================================================














































Run:        05/27/97     11:58:38
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    790.575921   5.064579     6.898816    11.963395   0.000000    785.511342
A-2    411.168137  14.239937     2.263847    16.503784   0.000000    396.928200
A-3   1000.000000   0.000000     5.505890     5.505890   0.000000   1000.000000
A-4   1000.000000   0.000000     5.505890     5.505890   0.000000   1000.000000
A-5   1000.000000   0.000000     5.505890     5.505890   0.000000   1000.000000
A-6   1000.000000   0.000000     5.817545     5.817545   0.000000   1000.000000
A-7   1000.000000   0.000000     5.817545     5.817545   0.000000   1000.000000
A-8   1000.000000   0.000000     5.817543     5.817543   0.000000   1000.000000
A-9   1000.000000   0.000000     5.817546     5.817546   0.000000   1000.000000
R       79.599828   0.424265     0.463076     0.887341   0.000000     79.175563
M-1    965.078552   1.049353     5.614388     6.663741   0.000000    964.029200
M-2    965.078551   1.049354     5.614385     6.663739   0.000000    964.029197
M-3    965.078551   1.049354     5.614385     6.663739   0.000000    964.029197
B-1    965.078548   1.049356     5.614388     6.663744   0.000000    964.029192
B-2    965.078544   1.049346     5.614407     6.663753   0.000000    964.029198
B-3    878.782370   0.955491     5.112357     6.067848   0.000000    877.826858

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:39                                        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                       43,894.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,033.60

SUBSERVICER ADVANCES THIS MONTH                                       27,209.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   2,913,024.35

 (B)  TWO MONTHLY PAYMENTS:                                    1     591,220.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     426,702.41


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     214,007,473.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          823

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      849,043.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.03537880 %     5.83425200 %    1.13036870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.00774770 %     5.85739904 %    1.13485330 %

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                          7.49685244
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.89

POOL TRADING FACTOR:                                                82.29113516


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


Run:        05/27/97     11:58:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   145,518,788.97     6.739634  %  1,522,431.46
A-2   7609442W7    76,450,085.00    94,563,524.01     6.739634  %          0.00
A-3   7609442R8             0.00             0.00     0.186000  %          0.00
R     7609442S6           100.00             0.00     6.739634  %          0.00
M-1   7609442T4     8,228,000.00     7,944,452.81     6.739634  %      8,646.06
M-2   7609442U1     2,992,100.00     2,888,988.52     6.739634  %      3,144.13
M-3   7609442V9     1,496,000.00     1,444,445.97     6.739634  %      1,572.01
B-1                 2,244,050.00     2,166,717.25     6.739634  %      2,358.07
B-2                 1,047,225.00     1,011,136.32     6.739634  %      1,100.43
B-3                 1,196,851.02     1,155,606.03     6.739634  %      1,257.67

- -------------------------------------------------------------------------------
                  299,203,903.02   256,693,659.88                  1,540,509.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       817,130.95  2,339,562.41             0.00         0.00 143,996,357.51
A-2             0.00          0.00       530,344.08         0.00  95,093,868.09
A-3        39,730.67     39,730.67             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,555.16     53,201.22             0.00         0.00   7,935,806.75
M-2        16,202.43     19,346.56             0.00         0.00   2,885,844.39
M-3         8,100.94      9,672.95             0.00         0.00   1,442,873.96
B-1        12,151.68     14,509.75             0.00         0.00   2,164,359.18
B-2         5,670.80      6,771.23             0.00         0.00   1,010,035.89
B-3         6,481.03      7,738.70             0.00         0.00   1,154,348.36

- -------------------------------------------------------------------------------
          950,023.66  2,490,533.49       530,344.08         0.00 255,683,494.13
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    707.950127   7.406642     3.975349    11.381991   0.000000    700.543485
A-2   1236.931575   0.000000     0.000000     0.000000   6.937129   1243.868703
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.538747   1.050809     5.415066     6.465875   0.000000    964.487938
M-2    965.538759   1.050810     5.415070     6.465880   0.000000    964.487948
M-3    965.538750   1.050809     5.415067     6.465876   0.000000    964.487941
B-1    965.538758   1.050810     5.415067     6.465877   0.000000    964.487948
B-2    965.538752   1.050806     5.415073     6.465879   0.000000    964.487947
B-3    965.538743   1.050807     5.415068     6.465875   0.000000    964.487928

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:40                                        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                       56,109.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    25,976.98

SUBSERVICER ADVANCES THIS MONTH                                       25,747.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,088,748.35

 (B)  TWO MONTHLY PAYMENTS:                                    1     316,228.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        352,530.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     255,683,494.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          948

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      730,802.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.52872720 %     4.78308900 %    1.68818330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.51023080 %     4.79676060 %    1.69300860 %

      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                          7.31167223
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.16

POOL TRADING FACTOR:                                                85.45459854


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


Run:        05/30/97     10:51:45                                    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    25,608,693.70     6.287500  %    361,997.91
A-2   7609442N7             0.00             0.00     3.712500  %          0.00
R     7609442P2           100.00             0.00    10.000000  %          0.00

- -------------------------------------------------------------------------------
                   36,569,304.65    25,608,693.70                    361,997.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       133,668.28    495,666.19             0.00         0.00  25,246,695.79
A-2        78,925.42     78,925.42             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          212,593.70    574,591.61             0.00         0.00  25,246,695.79
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    700.280303   9.898982     3.655214    13.554196   0.000000    690.381320
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       27-May-97      
DISTRIBUTION DATE        30-May-97      

Run:     05/30/97     10:51:45                                        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                                                      25,246,695.79

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                 658,459.50

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      243,187.75

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:                                                69.03794325


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


Run:        05/27/97     11:58:40                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    80,563,474.37     6.500000  %    961,256.24
A-2   7609443C0    22,306,000.00    10,943,397.82     6.500000  %    473,454.56
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    24,597,571.70     6.500000  %     26,555.86
A-9   7609443K2             0.00             0.00     0.532479  %          0.00
R     7609443L0           100.00             0.00     6.500000  %          0.00
M-1   7609443M8     6,635,000.00     6,400,191.72     6.500000  %      6,909.73
M-2   7609443N6     3,317,000.00     3,199,613.56     6.500000  %      3,454.34
M-3   7609443P1     1,990,200.00     1,919,768.15     6.500000  %      2,072.61
B-1                 1,326,800.00     1,279,845.42     6.500000  %      1,381.74
B-2                   398,000.00       383,915.06     6.500000  %        414.48
B-3                   928,851.36       733,933.85     6.500000  %        792.36

- -------------------------------------------------------------------------------
                  265,366,951.36   229,353,711.65                  1,476,291.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       435,723.13  1,396,979.37             0.00         0.00  79,602,218.13
A-2        59,186.77    532,641.33             0.00         0.00  10,469,943.26
A-3       173,291.99    173,291.99             0.00         0.00  32,041,000.00
A-4       243,293.49    243,293.49             0.00         0.00  44,984,000.00
A-5        56,788.67     56,788.67             0.00         0.00  10,500,000.00
A-6        58,232.73     58,232.73             0.00         0.00  10,767,000.00
A-7         5,624.78      5,624.78             0.00         0.00   1,040,000.00
A-8       133,034.62    159,590.48             0.00         0.00  24,571,015.84
A-9       101,617.23    101,617.23             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        34,615.09     41,524.82             0.00         0.00   6,393,281.99
M-2        17,304.93     20,759.27             0.00         0.00   3,196,159.22
M-3        10,382.96     12,455.57             0.00         0.00   1,917,695.54
B-1         6,921.98      8,303.72             0.00         0.00   1,278,463.68
B-2         2,076.38      2,490.86             0.00         0.00     383,500.58
B-3         3,969.44      4,761.80             0.00         0.00     733,141.49

- -------------------------------------------------------------------------------
        1,342,064.19  2,818,356.11             0.00         0.00 227,877,419.73
===============================================================================

















































Run:        05/27/97     11:58:40
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    777.392089   9.275581     4.204482    13.480063   0.000000    768.116509
A-2    490.603327  21.225435     2.653401    23.878836   0.000000    469.377892
A-3   1000.000000   0.000000     5.408445     5.408445   0.000000   1000.000000
A-4   1000.000000   0.000000     5.408445     5.408445   0.000000   1000.000000
A-5   1000.000000   0.000000     5.408445     5.408445   0.000000   1000.000000
A-6   1000.000000   0.000000     5.408445     5.408445   0.000000   1000.000000
A-7   1000.000000   0.000000     5.408442     5.408442   0.000000   1000.000000
A-8    964.610655   1.041406     5.217044     6.258450   0.000000    963.569249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.610659   1.041406     5.217044     6.258450   0.000000    963.569252
M-2    964.610660   1.041405     5.217043     6.258448   0.000000    963.569255
M-3    964.610667   1.041408     5.217044     6.258452   0.000000    963.569259
B-1    964.610657   1.041408     5.217049     6.258457   0.000000    963.569249
B-2    964.610704   1.041407     5.217035     6.258442   0.000000    963.569297
B-3    790.152097   0.853043     4.273504     5.126547   0.000000    789.299043

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:41                                        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                       53,077.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,144.41

SUBSERVICER ADVANCES THIS MONTH                                       43,792.13
MASTER SERVICER ADVANCES THIS MONTH                                    1,871.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   5,561,757.22

 (B)  TWO MONTHLY PAYMENTS:                                    1     218,281.79

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        612,835.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     227,877,419.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          812

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                 259,682.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,228,678.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.93196310 %     5.02262400 %    1.04541340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.89924530 %     5.04970469 %    1.05105010 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5311 %

      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                          7.43463601
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.57

POOL TRADING FACTOR:                                                85.87256950


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


Run:        05/27/97     11:58:41                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    52,396,171.01     7.975791  %  1,159,363.52
M-1   7609442K3     3,625,500.00     2,970,747.81     7.975791  %     65,733.36
M-2   7609442L1     2,416,900.00     1,980,416.60     7.975791  %     43,820.43
R     7609442J6           100.00             0.00     7.975791  %          0.00
B-1                   886,200.00       726,155.46     7.975791  %     16,067.55
B-2                   322,280.00       264,077.40     7.975791  %      5,843.21
B-3                   805,639.55       328,636.84     7.975791  %      7,271.71

- -------------------------------------------------------------------------------
                  161,126,619.55    58,666,205.12                  1,298,099.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         344,352.51  1,503,716.03             0.00         0.00  51,236,807.49
M-1        19,524.03     85,257.39             0.00         0.00   2,905,014.45
M-2        13,015.48     56,835.91             0.00         0.00   1,936,596.17
R               0.00          0.00             0.00         0.00           0.00
B-1         4,772.36     20,839.91             0.00         0.00     710,087.91
B-2         1,735.54      7,578.75             0.00         0.00     258,234.19
B-3         2,159.84      9,431.55             0.00         0.00     317,591.37

- -------------------------------------------------------------------------------
          385,559.76  1,683,659.54             0.00         0.00  57,364,331.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      342.302025   7.574074     2.249641     9.823715   0.000000    334.727951
M-1    819.403616  18.130840     5.385197    23.516037   0.000000    801.272776
M-2    819.403616  18.130841     5.385196    23.516037   0.000000    801.272775
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    819.403588  18.130840     5.385195    23.516035   0.000000    801.272749
B-2    819.403624  18.130849     5.385193    23.516042   0.000000    801.272775
B-3    407.920440   9.026009     2.680889    11.706898   0.000000    394.210252

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:42                                        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                       15,575.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,118.02

SUBSERVICER ADVANCES THIS MONTH                                       17,236.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,416,549.85

 (B)  TWO MONTHLY PAYMENTS:                                    1     109,828.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        777,121.06

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,364,331.58

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                    1,252,745.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.31235780 %     8.43955100 %    2.24809100 %
PREPAYMENT PERCENT           89.31235780 %     0.00000000 %   10.68764220 %
NEXT DISTRIBUTION            89.31823330 %     8.44010640 %    2.24166030 %

      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                          8.42314553
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.40

POOL TRADING FACTOR:                                                35.60202016


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


Run:        05/30/97     10:51:46                                    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    44,224,423.64     6.470000  %    157,866.54
A-2   7609443R7    61,308,403.22    61,308,403.22     6.470000  %          0.00
A-3   7609443S5     5,000,000.00     6,098,315.56     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   111,631,142.42                    157,866.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       237,560.37    395,426.91             0.00         0.00  44,066,557.10
A-2       329,330.39    329,330.39             0.00         0.00  61,308,403.22
A-3             0.00          0.00        32,758.32         0.00   6,131,073.88
S-1        14,617.29     14,617.29             0.00         0.00           0.00
S-2         5,082.89      5,082.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          586,590.94    744,457.48        32,758.32         0.00 111,506,034.20
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    893.422700   3.189223     4.799199     7.988422   0.000000    890.233477
A-2   1000.000000   0.000000     5.371701     5.371701   0.000000   1000.000000
A-3   1219.663112   0.000000     0.000000     0.000000   6.551664   1226.214776
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       27-May-97      
DISTRIBUTION DATE        30-May-97      

Run:     05/30/97     10:51:47                                        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                     2,790.78

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


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     111,506,034.20

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                 911,164.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                96.28484187


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


Run:        05/27/97     11:58:42                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    45,915,319.78     5.500000  %  2,966,920.49
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    27,708,127.89     6.187500  %  1,186,768.20
A-9   7609445W4             0.00             0.00     2.812500  %          0.00
A-10  7609445X2    43,420,000.00    35,233,187.69     6.500000  %    244,029.35
A-11  7609445Y0    66,266,000.00    66,266,000.00     6.500000  %          0.00
A-12  7609445Z7    32,444,000.00    39,609,752.33     6.500000  %          0.00
A-13  7609446A1     4,623,000.00     5,644,060.09     6.500000  %          0.00
A-14  7609446B9       478,414.72       387,268.69     0.000000  %      1,776.34
A-15  7609446C7             0.00             0.00     0.501048  %          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    11,304,716.55     6.500000  %     12,130.95
M-2   7609446G8     4,252,700.00     4,110,603.88     6.500000  %      4,411.04
M-3   7609446H6     4,252,700.00     4,110,603.88     6.500000  %      4,411.04
B-1                 2,126,300.00     2,055,253.60     6.500000  %      2,205.47
B-2                   638,000.00       616,682.42     6.500000  %        661.75
B-3                 1,488,500.71     1,409,107.50     6.500000  %      1,512.10

- -------------------------------------------------------------------------------
                  425,269,315.43   367,596,321.64                  4,424,826.73
===============================================================================
_______________________________________________________________________________
                                                                      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       209,504.74  3,176,425.23             0.00         0.00  42,948,399.29
A-3       207,393.99    207,393.99             0.00         0.00  41,665,000.00
A-4        52,317.22     52,317.22             0.00         0.00  10,090,000.00
A-5        39,602.22     39,602.22             0.00         0.00   7,344,000.00
A-6       243,052.37    243,052.37             0.00         0.00  45,072,637.34
A-7       102,747.93    102,747.93             0.00         0.00  19,054,000.00
A-8       142,231.54  1,328,999.74             0.00         0.00  26,521,359.69
A-9        64,650.70     64,650.70             0.00         0.00           0.00
A-10      189,993.53    434,022.88             0.00         0.00  34,989,158.34
A-11      357,336.72    357,336.72             0.00         0.00  66,266,000.00
A-12            0.00          0.00       213,593.99         0.00  39,823,346.32
A-13            0.00          0.00        30,435.36         0.00   5,674,495.45
A-14            0.00      1,776.34             0.00         0.00     385,492.35
A-15      152,800.24    152,800.24             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-1        60,960.22     73,091.17             0.00         0.00  11,292,585.60
M-2        22,166.26     26,577.30             0.00         0.00   4,106,192.84
M-3        22,166.26     26,577.30             0.00         0.00   4,106,192.84
B-1        11,082.87     13,288.34             0.00         0.00   2,053,048.13
B-2         3,325.43      3,987.18             0.00         0.00     616,020.67
B-3         7,598.56      9,110.66             0.00         0.00   1,336,107.21

- -------------------------------------------------------------------------------
        1,888,930.81  6,313,757.54       244,029.35         0.00 363,344,036.07
===============================================================================



































Run:        05/27/97     11:58:42
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    798.319043  51.585160     3.642610    55.227770   0.000000    746.733883
A-3   1000.000000   0.000000     4.977655     4.977655   0.000000   1000.000000
A-4   1000.000000   0.000000     5.185056     5.185056   0.000000   1000.000000
A-5   1000.000000   0.000000     5.392459     5.392459   0.000000   1000.000000
A-6    991.980926   0.000000     5.349217     5.349217   0.000000    991.980926
A-7   1000.000000   0.000000     5.392460     5.392460   0.000000   1000.000000
A-8    552.130717  23.648338     2.834201    26.482539   0.000000    528.482379
A-10   811.450661   5.620206     4.375715     9.995921   0.000000    805.830455
A-11  1000.000000   0.000000     5.392459     5.392459   0.000000   1000.000000
A-12  1220.865255   0.000000     0.000000     0.000000   6.583467   1227.448722
A-13  1220.865258   0.000000     0.000000     0.000000   6.583465   1227.448724
A-14   809.483224   3.712971     0.000000     3.712971   0.000000    805.770253
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-1    966.586854   1.037232     5.212280     6.249512   0.000000    965.549622
M-2    966.586846   1.037233     5.212279     6.249512   0.000000    965.549613
M-3    966.586846   1.037233     5.212279     6.249512   0.000000    965.549613
B-1    966.586841   1.037234     5.212280     6.249514   0.000000    965.549607
B-2    966.586865   1.037226     5.212273     6.249499   0.000000    965.549640
B-3    946.662296   1.015854     5.104841     6.120695   0.000000    897.619464

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:43                                        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                       72,016.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    38,504.23

SUBSERVICER ADVANCES THIS MONTH                                       47,404.12
MASTER SERVICER ADVANCES THIS MONTH                                   10,811.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,492,565.27

 (B)  TWO MONTHLY PAYMENTS:                                    2     278,699.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     605,367.91


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,518,074.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     363,344,036.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,288

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,517,306.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,262,370.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.57124570 %     5.31738600 %    1.11136790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.52263570 %     5.36818259 %    1.10348030 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4994 %

      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                          7.35504105
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.10

POOL TRADING FACTOR:                                                85.43857337


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


Run:        05/27/97     11:58:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    14,235,356.74     6.000000  %    362,646.37
A-2   7609445A2    54,914,000.00    30,232,668.20     6.000000  %    273,236.89
A-3   7609445B0    15,096,000.00     9,323,203.59     6.000000  %    133,319.82
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     6.580000  %          0.00
A-8   7609445G9     3,452,000.00     3,156,682.26     5.005833  %          0.00
A-9   7609445H7             0.00             0.00     0.323343  %          0.00
R     7609445J3           100.00             0.00     6.000000  %          0.00
M-1   7609445K0       775,800.00       667,162.11     6.000000  %      3,276.39
M-2   7609445L8     2,868,200.00     2,466,556.26     6.000000  %     12,113.10
B                     620,201.82       533,352.89     6.000000  %      2,619.28

- -------------------------------------------------------------------------------
                  155,035,301.82   118,803,877.11                    787,211.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        71,061.05    433,707.42             0.00         0.00  13,872,710.37
A-2       150,917.56    424,154.45             0.00         0.00  29,959,431.31
A-3        46,540.23    179,860.05             0.00         0.00   9,189,883.77
A-4        31,064.41     31,064.41             0.00         0.00   6,223,000.00
A-5        46,181.91     46,181.91             0.00         0.00   9,251,423.55
A-6       186,215.09    186,215.09             0.00         0.00  37,303,669.38
A-7        29,620.99     29,620.99             0.00         0.00   5,410,802.13
A-8        13,146.78     13,146.78             0.00         0.00   3,156,682.26
A-9        31,959.93     31,959.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         3,330.39      6,606.78             0.00         0.00     663,885.72
M-2        12,312.73     24,425.83             0.00         0.00   2,454,443.16
B           2,662.41      5,281.69             0.00         0.00     530,733.61

- -------------------------------------------------------------------------------
          625,013.48  1,412,225.33             0.00         0.00 118,016,665.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    833.061607  21.222283     4.158535    25.380818   0.000000    811.839324
A-2    550.545730   4.975724     2.748253     7.723977   0.000000    545.570006
A-3    617.594302   8.831467     3.082951    11.914418   0.000000    608.762836
A-4   1000.000000   0.000000     4.991870     4.991870   0.000000   1000.000000
A-5    972.298849   0.000000     4.853590     4.853590   0.000000    972.298849
A-6    967.268303   0.000000     4.828478     4.828478   0.000000    967.268303
A-7    914.450250   0.000000     5.006082     5.006082   0.000000    914.450250
A-8    914.450249   0.000000     3.808453     3.808453   0.000000    914.450249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    859.966628   4.223241     4.292846     8.516087   0.000000    855.743388
M-2    859.966620   4.223241     4.292842     8.516083   0.000000    855.743379
B      859.966664   4.223238     4.292828     8.516066   0.000000    855.743426

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:44                                        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                       24,781.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,770.15

SUBSERVICER ADVANCES THIS MONTH                                        3,449.41
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     353,350.29

 (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                                                     118,016,665.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          495

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      203,773.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.91334040 %     2.63772400 %    0.44893560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.90801080 %     2.64227842 %    0.44971070 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3237 %

      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                          6.69942159
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.56

POOL TRADING FACTOR:                                                76.12244687


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


Run:        05/27/97     11:58:44                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,311,808.56     6.500000  %    328,677.41
A-2   7609443X4    70,702,000.00    36,129,206.78     6.500000  %  1,084,988.86
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    28,508,263.43     6.500000  %     43,639.56
A-9   7609444E5             0.00             0.00     0.445399  %          0.00
R     7609444F2           100.00             0.00     6.500000  %          0.00
M-1   7609444G0     8,605,600.00     8,316,295.32     6.500000  %     12,730.32
M-2   7609444H8     3,129,000.00     3,023,808.69     6.500000  %      4,628.75
M-3   7609444J4     3,129,000.00     3,023,808.69     6.500000  %      4,628.75
B-1                 1,251,600.00     1,209,523.48     6.500000  %      1,851.50
B-2                   625,800.00       604,761.74     6.500000  %        925.75
B-3                 1,251,647.88     1,126,957.18     6.500000  %      1,725.12

- -------------------------------------------------------------------------------
                  312,906,747.88   266,181,433.87                  1,483,796.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        50,249.16    378,926.57             0.00         0.00   8,983,131.15
A-2       194,963.44  1,279,952.30             0.00         0.00  35,044,217.92
A-3        60,508.52     60,508.52             0.00         0.00  11,213,000.00
A-4       441,167.76    441,167.76             0.00         0.00  81,754,000.00
A-5       341,919.31    341,919.31             0.00         0.00  63,362,000.00
A-6        94,963.80     94,963.80             0.00         0.00  17,598,000.00
A-7         5,396.29      5,396.29             0.00         0.00   1,000,000.00
A-8       153,838.67    197,478.23             0.00         0.00  28,464,623.87
A-9        98,425.69     98,425.69             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,877.09     57,607.41             0.00         0.00   8,303,565.00
M-2        16,317.33     20,946.08             0.00         0.00   3,019,179.94
M-3        16,317.33     20,946.08             0.00         0.00   3,019,179.94
B-1         6,526.94      8,378.44             0.00         0.00   1,207,671.98
B-2         3,263.46      4,189.21             0.00         0.00     603,835.99
B-3         6,081.37      7,806.49             0.00         0.00   1,125,232.06

- -------------------------------------------------------------------------------
        1,534,816.16  3,018,612.18             0.00         0.00 264,697,637.85
===============================================================================















































Run:        05/27/97     11:58:44
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    470.649915  16.612454     2.539760    19.152214   0.000000    454.037460
A-2    511.006857  15.345943     2.757538    18.103481   0.000000    495.660914
A-3   1000.000000   0.000000     5.396283     5.396283   0.000000   1000.000000
A-4   1000.000000   0.000000     5.396283     5.396283   0.000000   1000.000000
A-5   1000.000000   0.000000     5.396283     5.396283   0.000000   1000.000000
A-6   1000.000000   0.000000     5.396284     5.396284   0.000000   1000.000000
A-7   1000.000000   0.000000     5.396290     5.396290   0.000000   1000.000000
A-8    966.381811   1.479307     5.214870     6.694177   0.000000    964.902504
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    966.381812   1.479306     5.214871     6.694177   0.000000    964.902505
M-2    966.381812   1.479306     5.214871     6.694177   0.000000    964.902506
M-3    966.381812   1.479306     5.214871     6.694177   0.000000    964.902506
B-1    966.381815   1.479306     5.214877     6.694183   0.000000    964.902509
B-2    966.381815   1.479306     5.214861     6.694167   0.000000    964.902509
B-3    900.378771   1.378271     4.858699     6.236970   0.000000    899.000492

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:45                                        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                       55,555.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    28,107.18

SUBSERVICER ADVANCES THIS MONTH                                       46,932.06
MASTER SERVICER ADVANCES THIS MONTH                                    1,454.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   4,396,882.27

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,227,622.04

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     612,921.06


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        632,176.72

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     264,697,637.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          937

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                 211,041.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,076,333.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      118,040.89

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.49873700 %     5.39628600 %    1.10497650 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.47230110 %     5.41822927 %    1.10946970 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4457 %

      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                          7.32248019
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.22

POOL TRADING FACTOR:                                                84.59313826


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


Run:        05/27/97     11:58:45                                    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-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    22,572,147.92     6.000000  %    710,289.92
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     6.009000  %          0.00
A-8   7609444S4     5,178,948.00     4,846,170.25     7.563365  %          0.00
A-9   7609444T2    16,947,000.00    16,947,000.00     6.500000  %          0.00
A-10  7609444U9             0.00             0.00     0.194143  %          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       677,618.69     6.500000  %      3,310.49
M-2   7609444Y1     2,903,500.00     2,506,325.93     6.500000  %     12,244.58
B                     627,984.63       542,081.63     6.500000  %      2,648.32

- -------------------------------------------------------------------------------
                  156,939,684.63   116,913,484.67                    728,493.31
===============================================================================
_______________________________________________________________________________
                                                                      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       112,809.23    823,099.15             0.00         0.00  21,861,858.00
A-3       151,574.08    151,574.08             0.00         0.00  28,657,000.00
A-4        25,609.14     25,609.14             0.00         0.00   4,730,000.00
A-5        12,981.26     12,981.26             0.00         0.00           0.00
A-6       135,003.52    135,003.52             0.00         0.00  24,935,106.59
A-7        52,554.92     52,554.92             0.00         0.00  10,500,033.66
A-8        30,530.52     30,530.52             0.00         0.00   4,846,170.25
A-9        91,754.35     91,754.35             0.00         0.00  16,947,000.00
A-10       18,906.30     18,906.30             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         3,668.75      6,979.24             0.00         0.00     674,308.20
M-2        13,569.73     25,814.31             0.00         0.00   2,494,081.35
B           2,934.95      5,583.27             0.00         0.00     539,433.31

- -------------------------------------------------------------------------------
          651,898.64  1,380,391.95             0.00         0.00 116,184,991.36
===============================================================================
_______________________________________________________________________________



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    771.143723  24.265994     3.853959    28.119953   0.000000    746.877729
A-3   1000.000000   0.000000     5.289251     5.289251   0.000000   1000.000000
A-4   1000.000000   0.000000     5.414195     5.414195   0.000000   1000.000000
A-6    974.560564   0.000000     5.276461     5.276461   0.000000    974.560564
A-7    935.744141   0.000000     4.683600     4.683600   0.000000    935.744141
A-8    935.744141   0.000000     5.895120     5.895120   0.000000    935.744142
A-9   1000.000000   0.000000     5.414194     5.414194   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    863.208522   4.217185     4.673567     8.890752   0.000000    858.991338
M-2    863.208517   4.217179     4.673577     8.890756   0.000000    858.991338
B      863.208436   4.217173     4.673586     8.890759   0.000000    858.991262

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:46                                        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                       26,571.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,421.52

SUBSERVICER ADVANCES THIS MONTH                                       13,407.74
MASTER SERVICER ADVANCES THIS MONTH                                    2,496.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,321,011.56

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     116,184,991.36

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          511

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                 240,727.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      157,315.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.81300560 %     2.72333400 %    0.46366050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.80869030 %     2.72702138 %    0.46428830 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1940 %

      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                          7.09239517
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.65

POOL TRADING FACTOR:                                                74.03162026


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


Run:        05/27/97     11:58:46                                    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   119,537,793.57     6.991602  %  1,205,327.50
A-2   760947LS8    99,787,000.00    71,427,052.70     6.991602  %    720,215.66
A-3   7609446Y9   100,000,000.00   123,228,022.38     6.991602  %          0.00
A-4   7609446Z6             0.00             0.00     0.133000  %          0.00
R     7609447A0           100.00             0.00     6.991602  %          0.00
M-1   7609447B8    10,702,300.00    10,352,426.04     6.991602  %     11,096.43
M-2   7609447C6     3,891,700.00     3,764,474.57     6.991602  %      4,035.02
M-3   7609447D4     3,891,700.00     3,764,474.57     6.991602  %      4,035.02
B-1                 1,751,300.00     1,694,047.40     6.991602  %      1,815.79
B-2                   778,400.00       752,952.95     6.991602  %        807.07
B-3                 1,362,164.15     1,317,633.02     6.991602  %      1,412.33

- -------------------------------------------------------------------------------
                  389,164,664.15   335,838,877.20                  1,948,744.82
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       695,438.97  1,900,766.47             0.00         0.00 118,332,466.07
A-2       415,543.52  1,135,759.18             0.00         0.00  70,706,837.04
A-3             0.00          0.00       716,907.74         0.00 123,944,930.12
A-4        37,167.18     37,167.18             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,227.65     71,324.08             0.00         0.00  10,341,329.61
M-2        21,900.71     25,935.73             0.00         0.00   3,760,439.55
M-3        21,900.71     25,935.73             0.00         0.00   3,760,439.55
B-1         9,855.52     11,671.31             0.00         0.00   1,692,231.61
B-2         4,380.48      5,187.55             0.00         0.00     752,145.88
B-3         7,665.64      9,077.97             0.00         0.00   1,308,497.21

- -------------------------------------------------------------------------------
        1,274,080.38  3,222,825.20       716,907.74         0.00 334,599,316.64
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    715.795171   7.217530     4.164305    11.381835   0.000000    708.577641
A-2    715.795171   7.217530     4.164305    11.381835   0.000000    708.577641
A-3   1232.280224   0.000000     0.000000     0.000000   7.169077   1239.449301
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.308526   1.036827     5.627543     6.664370   0.000000    966.271700
M-2    967.308521   1.036827     5.627543     6.664370   0.000000    966.271694
M-3    967.308521   1.036827     5.627543     6.664370   0.000000    966.271694
B-1    967.308514   1.036824     5.627545     6.664369   0.000000    966.271690
B-2    967.308517   1.036832     5.627544     6.664376   0.000000    966.271686
B-3    967.308544   1.036828     5.627545     6.664373   0.000000    966.271716

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:47                                        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                       63,704.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,778.20

SUBSERVICER ADVANCES THIS MONTH                                       41,635.78
MASTER SERVICER ADVANCES THIS MONTH                                    2,237.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   5,201,064.66

 (B)  TWO MONTHLY PAYMENTS:                                    1     218,241.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     114,844.62


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        513,454.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     334,599,316.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,321

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                 291,449.57

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      759,755.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.55464480 %     5.32439100 %    1.12096410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.54000970 %     5.33838768 %    1.12160260 %

      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                          7.43260320
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.15

POOL TRADING FACTOR:                                                85.97885355


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


Run:        05/27/97     11:58:47                                    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-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    16,451,392.99     6.500000  %  1,364,296.94
A-2   760947AB7    16,923,000.00    16,923,000.00     6.500000  %          0.00
A-3   760947AC5    28,000,000.00    15,566,641.96     6.500000  %    627,493.76
A-4   760947AD3    73,800,000.00    69,947,177.48     6.500000  %     86,458.11
A-5   760947AE1    13,209,000.00    16,038,634.75     6.500000  %          0.00
A-6   760947AF8     1,749,506.64     1,291,640.92     0.000000  %      8,261.84
A-7   760947AG6             0.00             0.00     0.045000  %          0.00
A-8   760947AH4             0.00             0.00     0.215778  %          0.00
R     760947AJ0           100.00             0.00     6.500000  %          0.00
M-1   760947AK7       909,200.00       788,806.42     6.500000  %      3,761.16
M-2   760947AL5     2,907,400.00     2,522,410.61     6.500000  %     12,027.28
B                     726,864.56       630,615.25     6.500000  %      3,006.87

- -------------------------------------------------------------------------------
                  181,709,071.20   140,160,320.38                  2,105,305.96
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        88,683.13  1,452,980.07             0.00         0.00  15,087,096.05
A-2        91,225.39     91,225.39             0.00         0.00  16,923,000.00
A-3        83,913.78    711,407.54             0.00         0.00  14,939,148.20
A-4       377,058.33    463,516.44             0.00         0.00  69,860,719.37
A-5             0.00          0.00        86,458.11         0.00  16,125,092.86
A-6             0.00      8,261.84             0.00         0.00   1,283,379.08
A-7         5,230.73      5,230.73             0.00         0.00           0.00
A-8        25,081.72     25,081.72             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         4,252.15      8,013.31             0.00         0.00     785,045.26
M-2        13,597.35     25,624.63             0.00         0.00   2,510,383.33
B           3,399.40      6,406.27             0.00         0.00     627,608.38

- -------------------------------------------------------------------------------
          692,441.98  2,797,747.94        86,458.11         0.00 138,141,472.53
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    378.332099  31.374688     2.039443    33.414131   0.000000    346.957411
A-2   1000.000000   0.000000     5.390616     5.390616   0.000000   1000.000000
A-3    555.951499  22.410491     2.996921    25.407412   0.000000    533.541007
A-4    947.793733   1.171519     5.109191     6.280710   0.000000    946.622214
A-5   1214.220210   0.000000     0.000000     0.000000   6.545394   1220.765604
A-6    738.288664   4.722383     0.000000     4.722383   0.000000    733.566281
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    867.582952   4.136780     4.676804     8.813584   0.000000    863.446173
M-2    867.582930   4.136782     4.676807     8.813589   0.000000    863.446148
B      867.582882   4.136782     4.676800     8.813582   0.000000    863.446114

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:47                                        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                       26,300.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,543.40

SUBSERVICER ADVANCES THIS MONTH                                       17,080.06
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     909,460.54

 (B)  TWO MONTHLY PAYMENTS:                                    1     523,463.22

 (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                                                     138,141,472.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          601

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,350,251.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.16146770 %     2.38442300 %    0.45410910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.13350020 %     2.38554616 %    0.45858330 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2156 %

      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                          7.00643169
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.91

POOL TRADING FACTOR:                                                76.02343219


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


Run:        05/27/97     11:58:48                                    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-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   127,340,831.16     7.000000  %  3,970,244.77
A-2   760947AS0    49,338,300.00    49,338,300.00     7.000000  %          0.00
A-3   760947AT8    12,500,000.00     8,675,852.62     7.000000  %    194,959.41
A-4   760947BA8   100,000,000.00   122,571,400.02     7.000000  %          0.00
A-5   760947AU5     2,381,928.79     2,145,979.21     0.000000  %     15,423.59
A-6   760947AV3             0.00             0.00     0.357936  %          0.00
R     760947AW1           100.00             0.00     7.000000  %          0.00
M-1   760947AX9    11,822,000.00    11,443,362.16     7.000000  %     11,642.67
M-2   760947AY7     3,940,650.00     3,814,437.89     7.000000  %      3,880.87
M-3   760947AZ4     3,940,700.00     3,814,486.30     7.000000  %      3,880.92
B-1                 2,364,500.00     2,288,769.21     7.000000  %      2,328.63
B-2                   788,200.00       762,955.34     7.000000  %        776.24
B-3                 1,773,245.53     1,602,075.79     7.000000  %      1,630.00

- -------------------------------------------------------------------------------
                  394,067,185.32   333,798,449.70                  4,204,767.10
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       742,644.36  4,712,889.13             0.00         0.00 123,370,586.39
A-2       287,738.11    287,738.11             0.00         0.00  49,338,300.00
A-3        50,597.07    245,556.48             0.00         0.00   8,480,893.21
A-4             0.00          0.00       714,829.30         0.00 123,286,229.32
A-5             0.00     15,423.59             0.00         0.00   2,130,555.62
A-6        99,541.59     99,541.59             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        66,737.03     78,379.70             0.00         0.00  11,431,719.49
M-2        22,245.58     26,126.45             0.00         0.00   3,810,557.02
M-3        22,245.86     26,126.78             0.00         0.00   3,810,605.38
B-1        13,347.97     15,676.60             0.00         0.00   2,286,440.58
B-2         4,449.51      5,225.75             0.00         0.00     762,179.10
B-3         9,343.21     10,973.21             0.00         0.00   1,600,445.79

- -------------------------------------------------------------------------------
        1,318,890.29  5,523,657.39       714,829.30         0.00 330,308,511.90
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    620.516249  19.346516     3.618815    22.965331   0.000000    601.169733
A-2   1000.000000   0.000000     5.831942     5.831942   0.000000   1000.000000
A-3    694.068210  15.596753     4.047766    19.644519   0.000000    678.471457
A-4   1225.714000   0.000000     0.000000     0.000000   7.148293   1232.862293
A-5    900.941799   6.475252     0.000000     6.475252   0.000000    894.466547
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.971761   0.984831     5.645156     6.629987   0.000000    966.986930
M-2    967.971753   0.984830     5.645155     6.629985   0.000000    966.986924
M-3    967.971756   0.984830     5.645154     6.629984   0.000000    966.986926
B-1    967.971753   0.984830     5.645155     6.629985   0.000000    966.986923
B-2    967.971758   0.984826     5.645154     6.629980   0.000000    966.986932
B-3    903.470931   0.919207     5.268988     6.188195   0.000000    902.551713

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:48                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S13 (POOL # 4154)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4154 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,124.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,727.24

SUBSERVICER ADVANCES THIS MONTH                                       55,991.00
MASTER SERVICER ADVANCES THIS MONTH                                    3,999.32


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,385,173.58

 (B)  TWO MONTHLY PAYMENTS:                                    3     970,849.97

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      3,303,871.72

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     330,308,511.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,249

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                 515,701.54

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,150,118.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.84609980 %     5.75068400 %    1.40321590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.77771500 %     5.76820796 %    1.41662940 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3563 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,235.00
      FRAUD AMOUNT AVAILABLE                            3,568,133.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,568,133.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59843393
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.65

POOL TRADING FACTOR:                                                83.82035455


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


Run:        05/27/97     11:58:49                                    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-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   114,656,054.89     6.500000  %  2,125,336.26
A-2   760947BC4     1,321,915.43     1,048,715.40     0.000000  %     19,456.88
A-3   760947BD2             0.00             0.00     0.307612  %          0.00
R     760947BE0           100.00             0.00     6.500000  %          0.00
M-1   760947BF7     1,168,000.00     1,015,817.52     6.500000  %      4,913.49
M-2   760947BG5     2,491,000.00     2,166,439.55     6.500000  %     10,479.02
B                     622,704.85       541,570.63     6.500000  %      2,619.55

- -------------------------------------------------------------------------------
                  155,671,720.28   119,428,597.99                  2,162,805.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       620,835.91  2,746,172.17             0.00         0.00 112,530,718.63
A-2             0.00     19,456.88             0.00         0.00   1,029,258.52
A-3        30,603.99     30,603.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         5,500.41     10,413.90             0.00         0.00   1,010,904.03
M-2        11,730.77     22,209.79             0.00         0.00   2,155,960.53
B           2,932.48      5,552.03             0.00         0.00     538,951.08

- -------------------------------------------------------------------------------
          671,603.56  2,834,408.76             0.00         0.00 117,265,792.79
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    764.027340  14.162488     4.137031    18.299519   0.000000    749.864852
A-2    793.330175  14.718703     0.000000    14.718703   0.000000    778.611473
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    869.706781   4.206755     4.709255     8.916010   0.000000    865.500026
M-2    869.706764   4.206752     4.709261     8.916013   0.000000    865.500012
B      869.706780   4.206712     4.709262     8.915974   0.000000    865.500052

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S14 (POOL # 4155)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4155 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,874.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,812.57

SUBSERVICER ADVANCES THIS MONTH                                       20,889.44
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,801,780.44

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        294,457.33

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     117,265,792.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          517

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,585,129.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.85434080 %     2.68817400 %    0.45748540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.81183230 %     2.70058683 %    0.46366750 %
CLASS A-3  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3057 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              658,767.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     854,579.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04549251
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.71

POOL TRADING FACTOR:                                                75.32889890


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


Run:        05/27/97     11:58:50                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    11,503,504.73     7.750000  %    773,147.38
A-2   760947BS9    40,324,000.00    28,228,205.77     7.750000  %    279,606.53
A-3   760947BT7     6,500,000.00     6,500,000.00     7.750000  %          0.00
A-4   760947BU4     5,000,000.00     2,675,584.35     7.750000  %     53,731.22
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    26,586,300.11     7.750000  %          0.00
A-8   760947BY6    15,537,000.00     7,009,173.91     7.750000  %    471,084.64
A-9   760947BZ3     2,074,847.12     1,914,579.11     0.000000  %      2,393.71
A-10  760947CE9             0.00             0.00     0.317862  %          0.00
R     760947CA7       355,000.00        37,155.65     7.750000  %        468.57
M-1   760947CB5     4,463,000.00     4,336,713.27     7.750000  %      4,078.56
M-2   760947CC3     2,028,600.00     1,971,197.99     7.750000  %      1,853.86
M-3   760947CD1     1,623,000.00     1,577,074.97     7.750000  %      1,483.20
B-1                   974,000.00       946,439.33     7.750000  %        890.10
B-2                   324,600.00       315,414.99     7.750000  %        296.64
B-3                   730,456.22       653,555.16     7.750000  %        614.65

- -------------------------------------------------------------------------------
                  162,292,503.34   123,236,937.65                  1,589,649.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        74,263.56    847,410.94             0.00         0.00  10,730,357.35
A-2       182,233.76    461,840.29             0.00         0.00  27,948,599.24
A-3        41,962.27     41,962.27             0.00         0.00   6,500,000.00
A-4        17,272.86     71,004.08             0.00         0.00   2,621,853.13
A-5        99,231.07     99,231.07             0.00         0.00  15,371,000.00
A-6        87,869.23     87,869.23             0.00         0.00  13,611,038.31
A-7             0.00          0.00       171,634.06         0.00  26,757,934.17
A-8        45,249.35    516,333.99             0.00         0.00   6,538,089.27
A-9             0.00      2,393.71             0.00         0.00   1,912,185.40
A-10       32,630.48     32,630.48             0.00         0.00           0.00
R             239.86        708.43             0.00         0.00      36,687.08
M-1        27,996.66     32,075.22             0.00         0.00   4,332,634.71
M-2        12,725.52     14,579.38             0.00         0.00   1,969,344.13
M-3        10,181.18     11,664.38             0.00         0.00   1,575,591.77
B-1         6,109.96      7,000.06             0.00         0.00     945,549.23
B-2         2,036.24      2,332.88             0.00         0.00     315,118.35
B-3         4,219.18      4,833.83             0.00         0.00     652,940.51

- -------------------------------------------------------------------------------
          644,221.18  2,233,870.24       171,634.06         0.00 121,818,922.65
===============================================================================














































Run:        05/27/97     11:58:50
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    442.442490  29.736438     2.856291    32.592729   0.000000    412.706052
A-2    700.034862   6.933998     4.519238    11.453236   0.000000    693.100864
A-3   1000.000000   0.000000     6.455734     6.455734   0.000000   1000.000000
A-4    535.116870  10.746244     3.454572    14.200816   0.000000    524.370626
A-5   1000.000000   0.000000     6.455733     6.455733   0.000000   1000.000000
A-6    698.467610   0.000000     4.509120     4.509120   0.000000    698.467610
A-7   1236.572098   0.000000     0.000000     0.000000   7.982980   1244.555078
A-8    451.127882  30.320180     2.912361    33.232541   0.000000    420.807702
A-9    922.756714   1.153680     0.000000     1.153680   0.000000    921.603034
R      104.663803   1.319915     0.675662     1.995577   0.000000    103.343887
M-1    971.703623   0.913861     6.273058     7.186919   0.000000    970.789763
M-2    971.703633   0.913862     6.273055     7.186917   0.000000    970.789771
M-3    971.703617   0.913863     6.273062     7.186925   0.000000    970.789754
B-1    971.703624   0.913860     6.273060     7.186920   0.000000    970.789764
B-2    971.703604   0.913863     6.273075     7.186938   0.000000    970.789741
B-3    894.721877   0.841460     5.776089     6.617549   0.000000    893.880416

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:50                                        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                       23,811.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,875.66

SUBSERVICER ADVANCES THIS MONTH                                       25,726.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,649,603.30

 (B)  TWO MONTHLY PAYMENTS:                                    1     287,315.10

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        395,271.32

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,818,922.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          469

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,301,992.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.92202010 %     6.49920300 %    1.57877700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.83433810 %     6.46662311 %    1.59591370 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3155 %

      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                          8.24603759
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.18

POOL TRADING FACTOR:                                                75.06133687


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


Run:        05/27/97     12:00:05                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,907,145.34     6.500000  %    501,359.29
A-II  760947BJ9    22,971,650.00    17,674,948.92     7.000000  %    362,586.90
A-II  760947BK6    31,478,830.00    21,768,385.31     7.500000  %  1,132,054.16
IO    760947BL4             0.00             0.00     0.336541  %          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       919,916.56     7.037936  %      4,067.44
M-2   760947BQ3     1,539,985.00     1,361,477.05     7.037936  %      6,019.81
B                     332,976.87       294,379.73     7.037936  %      1,301.61

- -------------------------------------------------------------------------------
                   83,242,471.87    62,926,252.91                  2,007,389.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I       112,951.79    614,311.08             0.00         0.00  20,405,786.05
A-II      102,835.07    465,421.97             0.00         0.00  17,312,362.02
A-III     135,697.71  1,267,751.87             0.00         0.00  20,636,331.15
IO         17,601.71     17,601.71             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1         5,381.19      9,448.63             0.00         0.00     915,849.12
M-2         7,964.17     13,983.98             0.00         0.00   1,355,457.24
B           1,722.02      3,023.63             0.00         0.00     293,078.12

- -------------------------------------------------------------------------------
          384,153.66  2,391,542.87             0.00         0.00  60,918,863.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-I    807.902580  19.373734     4.364730    23.738464   0.000000    788.528846
A-II   769.424439  15.784104     4.476608    20.260712   0.000000    753.640336
A-II   691.524600  35.962396     4.310761    40.273157   0.000000    655.562203
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    884.084611   3.909006     5.171587     9.080593   0.000000    880.175605
M-2    884.084618   3.909006     5.171589     9.080595   0.000000    880.175612
B      884.084621   3.909005     5.171595     9.080600   0.000000    880.175616

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:06                                        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                       11,151.53
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                                                      60,918,863.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          305

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,728,284.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.90667930 %     3.62550400 %    0.46781700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.79049200 %     3.72841222 %    0.48109580 %
CLASS IO   - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3341 %

      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                          7.61069500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              139.20

POOL TRADING FACTOR:                                                73.18242998


Run:     05/27/97     12:00:06                                        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                        4,546.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,223.25

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                                                      21,224,466.38

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                      403,024.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.21463100 %     3.35275000 %    0.43261830 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.41641451 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04608130
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.32

POOL TRADING FACTOR:                                                79.14527294


Run:     05/27/97     12:00:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4158)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4158      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,101.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       989.26

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                                                      18,044,379.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           85

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      284,987.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.00631330 %     3.53725000 %    0.45643670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.59311657 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44870321
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              140.79

POOL TRADING FACTOR:                                                75.80136342


Run:     05/27/97     12:00:06                                        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                        3,502.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,227.40

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                                                      21,650,017.78

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                    1,040,272.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.53250920 %     3.95691300 %    0.51057810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     4.14704020 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.29922491
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              139.71

POOL TRADING FACTOR:                                                66.36925883


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


Run:        05/27/97     11:58:51                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,462,430.82     8.000000  %    544,026.25
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    26,419,492.92     8.000000  %  1,373,762.75
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     2,360,904.55     0.000000  %     25,914.82
A-12  760947CW9             0.00             0.00     0.328108  %          0.00
R     760947CS8           100.00             0.00     8.000000  %          0.00
M-1   760947CT6     5,660,500.00     5,527,755.08     8.000000  %      4,936.35
M-2   760947CU3     2,572,900.00     2,512,562.66     8.000000  %      2,243.75
M-3   760947CV1     2,058,400.00     2,010,128.29     8.000000  %      1,795.07
B-1                 1,029,200.00     1,005,064.10     8.000000  %        897.53
B-2                   617,500.00       603,018.94     8.000000  %        538.50
B-3                   926,311.44       770,421.26     8.000000  %        688.00

- -------------------------------------------------------------------------------
                  205,832,763.60   143,074,778.62                  1,954,803.02
===============================================================================
_______________________________________________________________________________
                                                                      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        63,002.21    607,028.46             0.00         0.00   8,918,404.57
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         6,866.21      6,866.21             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       175,904.74  1,549,667.49             0.00         0.00  25,045,730.17
A-8        13,982.10     13,982.10             0.00         0.00   2,100,000.00
A-9        90,324.36     90,324.36             0.00         0.00  13,566,000.00
A-10      337,814.17    337,814.17             0.00         0.00  50,737,000.00
A-11            0.00     25,914.82             0.00         0.00   2,334,989.73
A-12       39,069.94     39,069.94             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        36,804.58     41,740.93             0.00         0.00   5,522,818.73
M-2        16,729.00     18,972.75             0.00         0.00   2,510,318.91
M-3        13,383.72     15,178.79             0.00         0.00   2,008,333.22
B-1         6,691.86      7,589.39             0.00         0.00   1,004,166.57
B-2         4,014.99      4,553.49             0.00         0.00     602,480.44
B-3         5,129.57      5,817.57             0.00         0.00     769,733.26

- -------------------------------------------------------------------------------
          976,175.78  2,930,978.80             0.00         0.00 141,119,975.60
===============================================================================










































Run:        05/27/97     11:58:51
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    327.941735  18.854448     2.183483    21.037931   0.000000    309.087287
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     6.866210     6.866210   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    530.011694  27.559587     3.528893    31.088480   0.000000    502.452107
A-8   1000.000000   0.000000     6.658143     6.658143   0.000000   1000.000000
A-9   1000.000000   0.000000     6.658142     6.658142   0.000000   1000.000000
A-10  1000.000000   0.000000     6.658142     6.658142   0.000000   1000.000000
A-11   849.902880   9.329085     0.000000     9.329085   0.000000    840.573794
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    976.548906   0.872070     6.502002     7.374072   0.000000    975.676836
M-2    976.548898   0.872070     6.502002     7.374072   0.000000    975.676828
M-3    976.548917   0.872071     6.502002     7.374073   0.000000    975.676846
B-1    976.548873   0.872066     6.502002     7.374068   0.000000    975.676807
B-2    976.548891   0.872065     6.502008     7.374073   0.000000    975.676826
B-3    831.708675   0.742720     5.537630     6.280350   0.000000    830.965944

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:51                                        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                       26,564.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,794.55

SUBSERVICER ADVANCES THIS MONTH                                       47,111.27
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,379,849.97

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,698,349.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2   1,197,148.27


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        823,269.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     141,119,975.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          586

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,826,626.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.16721760 %     7.14247000 %    1.69031260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.05245350 %     7.11555598 %    1.71227480 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3286 %

      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                          8.46966082
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.39

POOL TRADING FACTOR:                                                68.56050180


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


Run:        05/27/97     11:58:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     3,456,531.45     8.000000  %    403,591.01
A-3   760947CZ2     8,555,000.00     8,555,000.00     8.000000  %          0.00
A-4   760947DA6    48,771,000.00    48,771,000.00     8.000000  %          0.00
A-5   760947DJ7    15,500,000.00    15,500,000.00     8.000000  %          0.00
A-6   760947DB4    10,000,000.00    10,000,000.00     8.000000  %          0.00
A-7   760947DC2     1,364,277.74     1,288,170.73     0.000000  %      1,688.49
A-8   760947DD0             0.00             0.00     0.373593  %          0.00
R     760947DE8       160,000.00        17,204.47     8.000000  %         80.47
M-1   760947DF5     4,067,400.00     3,976,523.79     8.000000  %      3,581.26
M-2   760947DG3     1,355,800.00     1,325,507.91     8.000000  %      1,193.75
M-3   760947DH1     1,694,700.00     1,656,836.03     8.000000  %      1,492.15
B-1                   611,000.00       597,348.69     8.000000  %        537.97
B-2                   474,500.00       463,898.45     8.000000  %        417.79
B-3                   610,170.76       525,469.17     8.000000  %        473.24

- -------------------------------------------------------------------------------
                  135,580,848.50    96,133,490.69                    413,056.13
===============================================================================
_______________________________________________________________________________
                                                                      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        23,036.26    426,627.27             0.00         0.00   3,052,940.44
A-3        57,015.32     57,015.32             0.00         0.00   8,555,000.00
A-4       325,037.35    325,037.35             0.00         0.00  48,771,000.00
A-5       103,300.71    103,300.71             0.00         0.00  15,500,000.00
A-6        66,666.67     66,666.67             0.00         0.00  10,000,000.00
A-7             0.00      1,688.49             0.00         0.00   1,286,482.24
A-8        29,919.55     29,919.55             0.00         0.00           0.00
R             114.66        195.13             0.00         0.00      17,124.00
M-1        26,501.79     30,083.05             0.00         0.00   3,972,942.53
M-2         8,833.93     10,027.68             0.00         0.00   1,324,314.16
M-3        11,042.08     12,534.23             0.00         0.00   1,655,343.88
B-1         3,981.06      4,519.03             0.00         0.00     596,810.72
B-2         3,091.68      3,509.47             0.00         0.00     463,480.66
B-3         3,502.02      3,975.26             0.00         0.00     524,995.93

- -------------------------------------------------------------------------------
          662,043.08  1,075,099.21             0.00         0.00  95,720,434.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    161.091087  18.809293     1.073601    19.882894   0.000000    142.281793
A-3   1000.000000   0.000000     6.664561     6.664561   0.000000   1000.000000
A-4   1000.000000   0.000000     6.664562     6.664562   0.000000   1000.000000
A-5   1000.000000   0.000000     6.664562     6.664562   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    944.214431   1.237644     0.000000     1.237644   0.000000    942.976787
R      107.527938   0.502938     0.716625     1.219563   0.000000    107.025000
M-1    977.657420   0.880479     6.515659     7.396138   0.000000    976.776941
M-2    977.657405   0.880476     6.515659     7.396135   0.000000    976.776929
M-3    977.657420   0.880480     6.515655     7.396135   0.000000    976.776940
B-1    977.657430   0.880475     6.515646     7.396121   0.000000    976.776956
B-2    977.657429   0.880485     6.515659     7.396144   0.000000    976.776944
B-3    861.183794   0.775586     5.739410     6.514996   0.000000    860.408208

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:52                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S18 (POOL # 4161)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4161 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,784.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,391.04

SUBSERVICER ADVANCES THIS MONTH                                       36,139.50
MASTER SERVICER ADVANCES THIS MONTH                                      543.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,241,941.43

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,395,169.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     215,730.82


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        688,732.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      95,720,434.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          380

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                  63,405.48

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      326,335.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.98997820 %     7.33707000 %    1.67295160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.95887900 %     7.26344443 %    1.67872600 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3715 %

      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                          8.56002789
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.48

POOL TRADING FACTOR:                                                70.60026222


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


Run:        05/27/97     11:58:53                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    40,219,513.89     7.827640  %  1,149,744.13
R     760947DP3           100.00             0.00     7.827640  %          0.00
M-1   760947DL2    12,120,000.00     6,470,219.43     7.827640  %    184,962.38
M-2   760947DM0     3,327,400.00     3,220,269.55     7.827640  %      2,591.77
M-3   760947DN8     2,139,000.00     2,070,131.81     7.827640  %      1,666.10
B-1                   951,000.00       920,381.19     7.827640  %        740.75
B-2                   142,700.00       138,105.58     7.827640  %        111.15
B-3                    95,100.00        92,038.11     7.827640  %         74.07
B-4                   950,747.29       546,493.39     7.827640  %        439.83

- -------------------------------------------------------------------------------
                   95,065,047.29    53,677,152.95                  1,340,330.18
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         262,269.70  1,412,013.83             0.00         0.00  39,069,769.76
R               0.00          0.00             0.00         0.00           0.00
M-1        42,192.02    227,154.40             0.00         0.00   6,285,257.05
M-2        20,999.24     23,591.01             0.00         0.00   3,217,677.78
M-3        13,499.24     15,165.34             0.00         0.00   2,068,465.71
B-1         6,001.77      6,742.52             0.00         0.00     919,640.44
B-2           900.58      1,011.73             0.00         0.00     137,994.43
B-3           600.18        674.25             0.00         0.00      91,964.04
B-4         3,563.65      4,003.48             0.00         0.00     459,531.95

- -------------------------------------------------------------------------------
          350,026.38  1,690,356.56             0.00         0.00  52,250,301.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      533.847196  15.260942     3.481194    18.742136   0.000000    518.586254
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    533.846488  15.260922     3.481190    18.742112   0.000000    518.585565
M-2    967.803555   0.778917     6.311006     7.089923   0.000000    967.024638
M-3    967.803558   0.778915     6.311005     7.089920   0.000000    967.024642
B-1    967.803565   0.778917     6.311009     7.089926   0.000000    967.024648
B-2    967.803644   0.778907     6.311002     7.089909   0.000000    967.024737
B-3    967.803470   0.778864     6.311041     7.089905   0.000000    967.024606
B-4    574.804047   0.462615     3.748262     4.210877   0.000000    483.337639

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:53                                        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                       16,226.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,959.50

SUBSERVICER ADVANCES THIS MONTH                                       42,303.22
MASTER SERVICER ADVANCES THIS MONTH                                    4,842.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   3,514,911.81

 (B)  TWO MONTHLY PAYMENTS:                                    4     660,235.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     590,071.40


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,136,281.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,250,301.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          327

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                 660,987.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      951,522.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.92855280 %    21.90991900 %    3.16152810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            74.77424800 %    22.14609348 %    3.07965850 %

      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                          8.26381165
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.98

POOL TRADING FACTOR:                                                54.96268360


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


Run:        05/27/97     11:58:54                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    44,421,248.15     8.062183  %  1,138,513.03
M-1   760947DR9     2,949,000.00     2,802,402.85     8.062183  %      2,309.25
M-2   760947DS7     1,876,700.00     1,783,407.77     8.062183  %      1,469.57
R     760947DT5           100.00             0.00     8.062183  %          0.00
B-1                 1,072,500.00     1,019,185.20     8.062183  %        839.83
B-2                   375,400.00       356,738.55     8.062183  %        293.96
B-3                   965,295.81       828,480.44     8.062183  %        682.70

- -------------------------------------------------------------------------------
                  107,242,895.81    51,211,462.96                  1,144,108.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         298,362.36  1,436,875.39             0.00         0.00  43,282,735.12
M-1        18,822.78     21,132.03             0.00         0.00   2,800,093.60
M-2        11,978.54     13,448.11             0.00         0.00   1,781,938.20
R               0.00          0.00             0.00         0.00           0.00
B-1         6,845.52      7,685.35             0.00         0.00   1,018,345.37
B-2         2,396.09      2,690.05             0.00         0.00     356,444.59
B-3         5,564.62      6,247.32             0.00         0.00     827,797.74

- -------------------------------------------------------------------------------
          343,969.91  1,488,078.25             0.00         0.00  50,067,354.62
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      444.195158  11.384686     2.983507    14.368193   0.000000    432.810472
M-1    950.289200   0.783062     6.382767     7.165829   0.000000    949.506138
M-2    950.289215   0.783061     6.382768     7.165829   0.000000    949.506154
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    950.289231   0.783058     6.382769     7.165827   0.000000    949.506173
B-2    950.289158   0.783058     6.382765     7.165823   0.000000    949.506100
B-3    858.265862   0.707234     5.764678     6.471912   0.000000    857.558617

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:54                                        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                       11,924.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,549.80

SUBSERVICER ADVANCES THIS MONTH                                       10,400.98
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     448,507.48

 (B)  TWO MONTHLY PAYMENTS:                                    1     185,686.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     149,146.07


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        595,911.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,067,354.62

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,101,908.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.74083020 %     8.95465700 %    4.30451320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.44901540 %     9.15173537 %    4.39924920 %

      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                          8.49053922
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.26

POOL TRADING FACTOR:                                                46.68594059


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


Run:        05/27/97     11:58:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    22,722,180.21     7.850000  %  1,249,827.90
A-2   760947EC1     6,468,543.00     3,787,030.12     9.250000  %    208,304.66
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    15,719,373.66     0.000000  %     10,254.45
A-8   760947EH0             0.00             0.00     0.466237  %          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     3,042,358.16     8.500000  %      2,102.41
M-2   760947EN7     1,860,998.00     1,825,415.09     8.500000  %      1,261.45
M-3   760947EP2     1,550,831.00     1,521,178.61     8.500000  %      1,051.20
B-1   760947EQ0       558,299.00       547,624.13     8.500000  %        378.43
B-2   760947ER8       248,133.00       243,388.61     8.500000  %        168.19
B-3                   124,066.00       121,693.82     8.500000  %         84.10
B-4                   620,337.16       584,099.31     8.500000  %        403.64

- -------------------------------------------------------------------------------
                  124,066,559.16    58,846,341.72                  1,473,836.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       148,193.13  1,398,021.03             0.00         0.00  21,472,352.31
A-2        29,103.75    237,408.41             0.00         0.00   3,578,725.46
A-3        59,851.64     59,851.64             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       122,491.71    132,746.16             0.00         0.00  15,709,119.21
A-8        17,096.05     17,096.05             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        21,485.12     23,587.53             0.00         0.00   3,040,255.75
M-2        12,891.07     14,152.52             0.00         0.00   1,824,153.64
M-3        10,742.56     11,793.76             0.00         0.00   1,520,127.41
B-1         3,867.31      4,245.74             0.00         0.00     547,245.70
B-2         1,718.81      1,887.00             0.00         0.00     243,220.42
B-3           859.40        943.50             0.00         0.00     121,609.72
B-4         4,124.91      4,528.55             0.00         0.00     583,695.67

- -------------------------------------------------------------------------------
          432,425.46  1,906,261.89             0.00         0.00  57,372,505.29
===============================================================================















































Run:        05/27/97     11:58:54
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    585.453344  32.202716     3.818303    36.021019   0.000000    553.250628
A-2    585.453342  32.202717     4.499274    36.701991   0.000000    553.250625
A-3   1000.000000   0.000000     6.854288     6.854288   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    343.621881   0.224160     2.677641     2.901801   0.000000    343.397721
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    980.879664   0.677833     6.926968     7.604801   0.000000    980.201830
M-2    980.879662   0.677835     6.926966     7.604801   0.000000    980.201827
M-3    980.879677   0.677830     6.926970     7.604800   0.000000    980.201847
B-1    980.879654   0.677827     6.926951     7.604778   0.000000    980.201827
B-2    980.879649   0.677822     6.926971     7.604793   0.000000    980.201827
B-3    980.879693   0.677865     6.926958     7.604823   0.000000    980.201828
B-4    941.583622   0.650662     6.649465     7.300127   0.000000    940.932944

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S1 (POOL # 4164)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4164 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,958.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       18,069.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     467,986.44

 (B)  TWO MONTHLY PAYMENTS:                                    1     265,563.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     280,288.63


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,211,804.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,372,505.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          222

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,432,956.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.40503050 %    11.01449100 %    2.58047870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.06276060 %    11.12821685 %    2.64544540 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4596 %

      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                          9.14756693
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.12

POOL TRADING FACTOR:                                                46.24332752


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


Run:        05/27/97     11:58:55                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   126,945,064.60     8.097585  %  3,874,526.50
R     760947EA5           100.00             0.00     8.097585  %          0.00
B-1                 4,660,688.00     4,531,349.42     8.097585  %      3,420.50
B-2                 2,330,345.00     2,265,675.70     8.097585  %      1,710.25
B-3                 2,330,343.10     1,936,181.38     8.097585  %      1,461.52

- -------------------------------------------------------------------------------
                  310,712,520.10   135,678,271.10                  3,881,118.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         853,689.94  4,728,216.44             0.00         0.00 123,070,538.10
R               0.00          0.00             0.00         0.00           0.00
B-1        30,472.77     33,893.27             0.00         0.00   4,527,928.92
B-2        15,236.39     16,946.64             0.00         0.00   2,263,965.45
B-3        13,020.58     14,482.10             0.00         0.00   1,909,048.71

- -------------------------------------------------------------------------------
          912,419.68  4,793,538.45             0.00         0.00 131,771,481.18
===============================================================================












Run:        05/27/97     11:58:55
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      421.197203  12.855480     2.832499    15.687979   0.000000    408.341723
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    972.249037   0.733905     6.538256     7.272161   0.000000    971.515133
B-2    972.249045   0.733904     6.538255     7.272159   0.000000    971.515141
B-3    830.856787   0.627169     5.587409     6.214578   0.000000    819.213578

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:56                                        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                       32,743.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       76,881.50
MASTER SERVICER ADVANCES THIS MONTH                                    8,446.02


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,662,902.15

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,277,901.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7   1,499,193.25


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                      3,787,062.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,771,481.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          571

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               1,114,556.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,652,325.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.56329760 %     6.43670240 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.39694520 %     6.60305480 %

      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                          8.63089008
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.91

POOL TRADING FACTOR:                                                42.40945332


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


Run:        05/27/97     11:58:56                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,990,207.82     7.650000  %  1,106,368.80
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    16,680,930.28     0.000000  %        518.99
A-8   760947FL0             0.00             0.00     8.500000  %          0.00
A-9   760947FM8             0.00             0.00     0.458557  %          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     4,656,038.71     8.500000  %      3,352.98
M-2   760947FT3     2,834,750.00     2,793,624.00     8.500000  %      2,011.79
M-3   760947FU0     2,362,291.00     2,328,019.31     8.500000  %      1,676.49
B-1   760947FV8       944,916.00       931,207.36     8.500000  %        670.60
B-2   760947FW6       566,950.00       558,724.80     8.500000  %        402.36
B-3                   377,967.00       372,483.51     8.500000  %        268.24
B-4                   944,921.62       931,212.86     8.500000  %        670.60

- -------------------------------------------------------------------------------
                  188,983,349.15    89,905,448.65                  1,115,940.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        70,047.53  1,176,416.33             0.00         0.00   9,883,839.02
A-2       265,883.68    265,883.68             0.00         0.00  40,142,000.00
A-3        64,252.96     64,252.96             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       126,182.10    126,701.09             0.00         0.00  16,680,411.29
A-8        22,334.30     22,334.30             0.00         0.00           0.00
A-9        29,539.54     29,539.54             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        32,973.19     36,326.17             0.00         0.00   4,652,685.73
M-2        19,783.92     21,795.71             0.00         0.00   2,791,612.21
M-3        16,486.60     18,163.09             0.00         0.00   2,326,342.82
B-1         6,594.63      7,265.23             0.00         0.00     930,536.76
B-2         3,956.78      4,359.14             0.00         0.00     558,322.44
B-3         2,637.85      2,906.09             0.00         0.00     372,215.27
B-4         6,594.67      7,265.27             0.00         0.00     930,542.26

- -------------------------------------------------------------------------------
          667,267.75  1,783,208.60             0.00         0.00  88,789,507.80
===============================================================================













































Run:        05/27/97     11:58:56
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    315.776088  31.788736     2.012640    33.801376   0.000000    283.987353
A-2   1000.000000   0.000000     6.623578     6.623578   0.000000   1000.000000
A-3   1000.000000   0.000000     6.748552     6.748552   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    259.082673   0.008061     1.959819     1.967880   0.000000    259.074613
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    985.492200   0.709688     6.979070     7.688758   0.000000    984.782512
M-2    985.492195   0.709689     6.979070     7.688759   0.000000    984.782506
M-3    985.492181   0.709688     6.979072     7.688760   0.000000    984.782493
B-1    985.492213   0.709693     6.979065     7.688758   0.000000    984.782520
B-2    985.492195   0.709692     6.979063     7.688755   0.000000    984.782503
B-3    985.492146   0.709692     6.979048     7.688740   0.000000    984.782455
B-4    985.492172   0.709688     6.979066     7.688754   0.000000    984.782484

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:56                                        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                       18,760.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       986.44

SUBSERVICER ADVANCES THIS MONTH                                       27,482.99
MASTER SERVICER ADVANCES THIS MONTH                                    2,989.08


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     758,522.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,551,827.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      88,789,507.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          348

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                 352,897.16

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,051,100.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.93380740 %    10.94036800 %    3.12582500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.76629190 %    11.00427404 %    3.16305070 %
CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4575 %

      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                          9.20752256
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.18

POOL TRADING FACTOR:                                                46.98271472


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


Run:        05/27/97     11:58:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,529,334.65     8.000000  %    520,728.39
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       894,110.00     0.000000  %     17,417.91
A-6   760947EZ0             0.00             0.00     0.365932  %          0.00
R     760947FA4           100.00             0.00     8.000000  %          0.00
M-1   760947FB2     1,575,400.00     1,453,021.49     8.000000  %      8,974.87
M-2   760947FC0       525,100.00       484,309.75     8.000000  %      2,991.43
M-3   760947FD8       525,100.00       484,309.75     8.000000  %      2,991.43
B-1                   630,100.00       581,153.28     8.000000  %      3,589.61
B-2                   315,000.00       290,530.51     8.000000  %      1,794.52
B-3                   367,575.59       200,915.52     8.000000  %      1,240.99

- -------------------------------------------------------------------------------
                  105,020,175.63    60,587,999.95                    559,729.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        70,142.00    590,870.39             0.00         0.00  10,008,606.26
A-2       121,573.84    121,573.84             0.00         0.00  18,250,000.00
A-3        44,126.31     44,126.31             0.00         0.00   6,624,000.00
A-4       138,536.32    138,536.32             0.00         0.00  20,796,315.00
A-5             0.00     17,417.91             0.00         0.00     876,692.09
A-6        18,461.80     18,461.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,679.42     18,654.29             0.00         0.00   1,444,046.62
M-2         3,226.27      6,217.70             0.00         0.00     481,318.32
M-3         3,226.27      6,217.70             0.00         0.00     481,318.32
B-1         3,871.40      7,461.01             0.00         0.00     577,563.67
B-2         1,935.39      3,729.91             0.00         0.00     288,735.99
B-3         1,338.41      2,579.40             0.00         0.00     199,674.53

- -------------------------------------------------------------------------------
          416,117.43    975,846.58             0.00         0.00  60,028,270.80
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    193.696370   9.579257     1.290324    10.869581   0.000000    184.117113
A-2   1000.000000   0.000000     6.661580     6.661580   0.000000   1000.000000
A-3   1000.000000   0.000000     6.661581     6.661581   0.000000   1000.000000
A-4   1000.000000   0.000000     6.661580     6.661580   0.000000   1000.000000
A-5    850.330690  16.565057     0.000000    16.565057   0.000000    833.765633
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    922.319087   5.696883     6.144103    11.840986   0.000000    916.622204
M-2    922.319082   5.696883     6.144106    11.840989   0.000000    916.622199
M-3    922.319082   5.696883     6.144106    11.840989   0.000000    916.622199
B-1    922.319124   5.696884     6.144104    11.840988   0.000000    916.622240
B-2    922.319079   5.696883     6.144095    11.840978   0.000000    916.622196
B-3    546.596470   3.376151     3.641196     7.017347   0.000000    543.220311

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:57                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S4 (POOL # 4168)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4168 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,066.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,940.90

SUBSERVICER ADVANCES THIS MONTH                                        7,848.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     709,827.09

 (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                                                      60,028,270.81

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                      174,184.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.14640210 %     1.79683300 %    4.05676530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.12922270 %     1.77901198 %    4.06539840 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3671 %

      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                          8.57658557
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.49

POOL TRADING FACTOR:                                                57.15879873


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


Run:        05/27/97     11:58:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    46,082,719.98     8.024502  %  1,145,727.46
R     760947GA3           100.00             0.00     8.024502  %          0.00
M-1   760947GB1    16,170,335.00     7,776,459.43     8.024502  %    193,341.52
M-2   760947GC9     3,892,859.00     3,765,418.07     8.024502  %     13,462.81
M-3   760947GD7     1,796,704.00     1,737,885.10     8.024502  %      6,213.60
B-1                 1,078,022.00     1,042,730.68     8.024502  %      3,728.16
B-2                   299,451.00       289,647.85     8.024502  %      1,035.60
B-3                   718,681.74       415,537.74     8.024502  %      1,485.69

- -------------------------------------------------------------------------------
                  119,780,254.74    61,110,398.85                  1,364,994.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         308,021.08  1,453,748.54             0.00         0.00  44,936,992.52
R               0.00          0.00             0.00         0.00           0.00
M-1        51,978.56    245,320.08             0.00         0.00   7,583,117.91
M-2        25,168.40     38,631.21             0.00         0.00   3,751,955.26
M-3        11,616.19     17,829.79             0.00         0.00   1,731,671.50
B-1         6,969.71     10,697.87             0.00         0.00   1,039,002.52
B-2         1,936.03      2,971.63             0.00         0.00     288,612.25
B-3         2,777.50      4,263.19             0.00         0.00     414,052.03

- -------------------------------------------------------------------------------
          408,467.47  1,773,462.31             0.00         0.00  59,745,403.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      480.909490  11.956569     3.214443    15.171012   0.000000    468.952921
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    480.908987  11.956556     3.214439    15.170995   0.000000    468.952431
M-2    967.262896   3.458335     6.465274     9.923609   0.000000    963.804561
M-3    967.262888   3.458333     6.465278     9.923611   0.000000    963.804556
B-1    967.262894   3.458334     6.465276     9.923610   0.000000    963.804561
B-2    967.262924   3.458329     6.465265     9.923594   0.000000    963.804596
B-3    578.194376   2.067243     3.864715     5.931958   0.000000    576.127105

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:58                                        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                       18,925.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,812.90

SUBSERVICER ADVANCES THIS MONTH                                       14,428.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7     678,426.83

 (B)  TWO MONTHLY PAYMENTS:                                    2      71,314.73

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     299,369.50


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        836,765.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      59,745,403.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          608

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,146,501.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      148,859.52

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         75.40896620 %    21.73077400 %    2.86026000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.21414120 %    21.87071105 %    2.91514770 %

      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                          8.53410556
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.48

POOL TRADING FACTOR:                                                49.87917593


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


Run:        05/27/97     12:00:08                                    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    47,922,612.00     8.029817  %  1,207,067.93
II A  760947GF2   199,529,000.00    93,563,263.43     7.646063  %  3,648,095.03
III   760947GG0   151,831,000.00    93,970,102.36     7.204356  %  2,771,269.07
R     760947GL9         1,000.00           509.45     8.029817  %         12.83
I M   760947GH8    10,069,000.00     9,652,525.71     8.029817  %     18,218.83
II M  760947GJ4    21,982,000.00    21,025,378.67     7.646063  %     39,112.92
III   760947GK1    12,966,000.00    12,221,473.41     7.204356  %     34,846.83
I B                 1,855,785.84     1,779,026.77     8.029817  %      3,357.85
II B                3,946,359.39     3,774,620.19     7.646063  %      7,021.82
III                 2,509,923.08     2,365,799.65     7.204356  %      6,745.55

- -------------------------------------------------------------------------------
                  498,755,068.31   286,275,311.64                  7,735,748.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
I A       320,384.54  1,527,452.47             0.00         0.00  46,715,544.07
II A      595,619.21  4,243,714.24             0.00         0.00  89,915,168.40
III A     563,651.01  3,334,920.08             0.00         0.00  91,198,833.29
R               3.41         16.24             0.00         0.00         496.62
I M        64,531.54     82,750.37             0.00         0.00   9,634,306.88
II M      133,846.55    172,959.47             0.00         0.00  20,986,265.75
III M      73,306.78    108,153.61             0.00         0.00  12,186,626.58
I B        11,893.60     15,251.45             0.00         0.00   1,775,668.92
II B       24,029.05     31,050.87             0.00         0.00   3,767,598.37
III B      14,190.53     20,936.08             0.00         0.00   2,359,054.10

- -------------------------------------------------------------------------------
        1,801,456.22  9,537,204.88             0.00         0.00 278,539,562.98
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
I A    509.462733  12.832275     3.405991    16.238266   0.000000    496.630458
II A   468.920625  18.283533     2.985126    21.268659   0.000000    450.637092
III    618.912491  18.252327     3.712358    21.964685   0.000000    600.660164
R      509.450000  12.830000     3.410000    16.240000   0.000000    496.620000
I M    958.637969   1.809398     6.408932     8.218330   0.000000    956.828571
II M   956.481606   1.779316     6.088916     7.868232   0.000000    954.702291
III    942.578545   2.687554     5.653770     8.341324   0.000000    939.890991
I B    958.637970   1.809398     6.408929     8.218327   0.000000    956.828572
II B   956.481612   1.779316     6.088916     7.868232   0.000000    954.702296
III    942.578547   2.687554     5.653771     8.341325   0.000000    939.890993

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:08                                        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                       58,819.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,884.60

SUBSERVICER ADVANCES THIS MONTH                                       54,597.56
MASTER SERVICER ADVANCES THIS MONTH                                      278.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    68   4,789,762.40

 (B)  TWO MONTHLY PAYMENTS:                                   11     792,455.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     492,196.64


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        473,188.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     278,539,562.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,267

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                  27,503.30

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    7,094,003.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.24826860 %    14.98535700 %    2.76637430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.79449980 %    15.36844489 %    2.83705530 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.94704700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              261.01

POOL TRADING FACTOR:                                                55.84696390


Run:     05/27/97     12:00:09                                        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                       12,220.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,502.53

SUBSERVICER ADVANCES THIS MONTH                                       11,870.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   1,050,895.55

 (B)  TWO MONTHLY PAYMENTS:                                    5     263,677.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        132,313.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      58,126,016.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          852

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,116,627.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.74026570 %    16.26245300 %    2.99728170 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    16.57486176 %    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                          8.41708643
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              267.53

POOL TRADING FACTOR:                                                54.84063170


Run:     05/27/97     12:00:09                                        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)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL GROUP II
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,283.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,586.65

SUBSERVICER ADVANCES THIS MONTH                                       23,929.72
MASTER SERVICER ADVANCES THIS MONTH                                      278.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   1,963,002.53

 (B)  TWO MONTHLY PAYMENTS:                                    4     301,211.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     334,835.41


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        340,875.16

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     114,669,032.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,231

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                  27,503.30

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,474,041.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.04755380 %    17.76343300 %    3.18901330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    18.30159834 %    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                          8.04058305
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              273.62

POOL TRADING FACTOR:                                                50.86062962


Run:     05/27/97     12:00:09                                        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)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL GROUP II
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,316.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,795.43

SUBSERVICER ADVANCES THIS MONTH                                       18,796.91
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    27   1,775,864.32

 (B)  TWO MONTHLY PAYMENTS:                                    2     227,566.19

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     157,361.23


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,744,513.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,184

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,503,334.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.56261450 %    11.25807700 %    2.17930810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    11.52459463 %    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                          7.58724397
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              243.75

POOL TRADING FACTOR:                                                63.20390813

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


Run:        05/27/97     11:58:59                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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    17,901,081.34     8.000000  %  1,201,803.81
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       489,387.95     0.000000  %      2,841.39
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     1,464,004.74     8.000000  %      5,489.60
M-2   760947HQ7     1,049,900.00       976,034.14     8.000000  %      3,659.85
M-3   760947HR5       892,400.00       829,615.06     8.000000  %      3,110.82
B-1                   209,800.00       195,039.50     8.000000  %        731.34
B-2                   367,400.00       341,551.51     8.000000  %      1,280.72
B-3                   367,731.33       341,859.56     8.000000  %      1,281.88

- -------------------------------------------------------------------------------
                  104,981,638.99    52,818,573.80                  1,220,199.41
===============================================================================
_______________________________________________________________________________
                                                                      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       119,286.44  1,321,090.25             0.00         0.00  16,699,277.53
A-6       105,268.93    105,268.93             0.00         0.00  17,800,000.00
A-7        34,084.54     34,084.54             0.00         0.00   5,280,000.00
A-8        46,478.92     46,478.92             0.00         0.00   7,200,000.00
A-9        15,942.77     15,942.77             0.00         0.00           0.00
A-10            0.00      2,841.39             0.00         0.00     486,546.56
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         9,755.61     15,245.21             0.00         0.00   1,458,515.14
M-2         6,503.94     10,163.79             0.00         0.00     972,374.29
M-3         5,528.26      8,639.08             0.00         0.00     826,504.24
B-1         1,299.67      2,031.01             0.00         0.00     194,308.16
B-2         2,275.98      3,556.70             0.00         0.00     340,270.79
B-3         2,278.03      3,559.91             0.00         0.00     340,577.68

- -------------------------------------------------------------------------------
          348,703.09  1,568,902.50             0.00         0.00  51,598,374.39
===============================================================================













































Run:        05/27/97     11:58:59
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    802.739074  53.892548     5.349168    59.241716   0.000000    748.846526
A-6   1000.000000   0.000000     5.913985     5.913985   0.000000   1000.000000
A-7   1000.000000   0.000000     6.455405     6.455405   0.000000   1000.000000
A-8   1000.000000   0.000000     6.455406     6.455406   0.000000   1000.000000
A-10   859.166729   4.988328     0.000000     4.988328   0.000000    854.178401
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    929.644869   3.485903     6.194825     9.680728   0.000000    926.158966
M-2    929.644861   3.485903     6.194819     9.680722   0.000000    926.158958
M-3    929.644845   3.485903     6.194823     9.680726   0.000000    926.158942
B-1    929.644900   3.485891     6.194805     9.680696   0.000000    926.159009
B-2    929.644829   3.485901     6.194829     9.680730   0.000000    926.158928
B-3    929.644912   3.485887     6.194822     9.680709   0.000000    926.158998

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:58:59                                        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                       10,878.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                17,256.13

SUBSERVICER ADVANCES THIS MONTH                                       10,347.43
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     699,371.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     280,425.14

 (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                                                      51,598,374.39

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                    1,021,787.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.07305740 %     6.24824200 %    1.67870100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.91468890 %     6.31297731 %    1.71223900 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              677,172.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     524,908.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63171414
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              148.76

POOL TRADING FACTOR:                                                49.14990363


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


Run:        05/27/97     11:59:00                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,286,283.23     7.650000  %  1,286,283.23
A-2   760947GP0    20,646,342.00    20,646,342.00     8.000000  %    360,657.20
A-3   760947GQ8    10,027,461.00     4,718,262.53     8.000000  %    210,385.99
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     0.844955  %          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     2,754,643.94     8.000000  %      2,128.99
M-2   760947GY1     1,277,000.00     1,252,110.88     8.000000  %        967.72
M-3   760947GZ8     1,277,000.00     1,252,110.88     8.000000  %        967.72
B-1                   613,000.00       601,052.44     8.000000  %        464.54
B-2                   408,600.00       400,636.26     8.000000  %        309.64
B-3                   510,571.55       500,620.39     8.000000  %        386.91

- -------------------------------------------------------------------------------
                  102,156,471.55    55,151,330.55                  1,862,551.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         8,163.32  1,294,446.55             0.00         0.00           0.00
A-2       137,025.53    497,682.73             0.00         0.00  20,285,684.80
A-3        31,314.14    241,700.13             0.00         0.00   4,507,876.54
A-4       144,279.06    144,279.06             0.00         0.00  21,739,268.00
A-5           373.49        373.49             0.00         0.00           0.00
A-6        38,659.64     38,659.64             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,282.00     20,410.99             0.00         0.00   2,752,514.95
M-2         8,310.01      9,277.73             0.00         0.00   1,251,143.16
M-3         8,310.01      9,277.73             0.00         0.00   1,251,143.16
B-1         3,989.07      4,453.61             0.00         0.00     600,587.90
B-2         2,658.94      2,968.58             0.00         0.00     400,326.62
B-3         3,322.52      3,709.43             0.00         0.00     500,233.48

- -------------------------------------------------------------------------------
          404,687.73  2,267,239.67             0.00         0.00  53,288,778.61
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     30.019939  30.019939     0.190520    30.210459   0.000000      0.000000
A-2   1000.000000  17.468334     6.636795    24.105129   0.000000    982.531666
A-3    470.534119  20.980983     3.122838    24.103821   0.000000    449.553136
A-4   1000.000000   0.000000     6.636795     6.636795   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    980.509696   0.757809     6.507439     7.265248   0.000000    979.751887
M-2    980.509695   0.757807     6.507447     7.265254   0.000000    979.751887
M-3    980.509695   0.757807     6.507447     7.265254   0.000000    979.751887
B-1    980.509690   0.757814     6.507455     7.265269   0.000000    979.751876
B-2    980.509692   0.757807     6.507440     7.265247   0.000000    979.751885
B-3    980.509764   0.757759     6.507452     7.265211   0.000000    979.751966

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:00                                        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                       11,974.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       22,087.06
MASTER SERVICER ADVANCES THIS MONTH                                    3,570.88


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,079,634.85

 (B)  TWO MONTHLY PAYMENTS:                                    2     702,021.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        868,540.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,288,778.61

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

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                 427,494.96

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,819,927.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.74068600 %     9.53533800 %    2.72397620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.32200390 %     9.86099026 %    2.81700580 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.8399 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              660,280.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,987,837.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.16300691
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.88

POOL TRADING FACTOR:                                                52.16387939


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


Run:        05/27/97     11:59:01                                    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-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    16,247,499.41     6.600000  %    534,468.78
A-2   760947HT1    23,921,333.00    19,294,332.61     7.000000  %    356,312.52
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     5,605,554.93     8.000000  %    295,411.19
A-9   760947JF9    63,512,857.35    26,066,794.21     0.000000  %    912,793.13
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     0.483343  %          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     5,412,455.24     8.000000  %      4,025.54
M-2   760947JH5     2,499,831.00     2,460,207.02     8.000000  %      1,829.79
M-3   760947JJ1     2,499,831.00     2,460,207.02     8.000000  %      1,829.79
B-1   760947JK8       799,945.00       787,265.33     8.000000  %        585.53
B-2   760947JL6       699,952.00       688,857.30     8.000000  %        512.34
B-3                   999,934.64       984,085.01     8.000000  %        731.92

- -------------------------------------------------------------------------------
                  199,986,492.99   121,517,258.08                  2,108,500.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        89,213.26    623,682.04             0.00         0.00  15,713,030.63
A-2       112,363.88    468,676.40             0.00         0.00  18,938,020.09
A-3        70,757.46     70,757.46             0.00         0.00  12,694,000.00
A-4        73,351.41     73,351.41             0.00         0.00  12,686,000.00
A-5        55,932.14     55,932.14             0.00         0.00   9,469,000.00
A-6        40,176.90     40,176.90             0.00         0.00   6,661,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        37,308.48    332,719.67             0.00         0.00   5,310,143.74
A-9       184,702.71  1,097,495.84             0.00         0.00  25,154,001.08
A-10            0.00          0.00             0.00         0.00           0.00
A-11       58,495.81     58,495.81             0.00         0.00           0.00
A-12       48,864.35     48,864.35             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        36,023.28     40,048.82             0.00         0.00   5,408,429.70
M-2        16,374.22     18,204.01             0.00         0.00   2,458,377.23
M-3        16,374.22     18,204.01             0.00         0.00   2,458,377.23
B-1         5,239.75      5,825.28             0.00         0.00     786,679.80
B-2         4,584.77      5,097.11             0.00         0.00     688,344.96
B-3         6,549.71      7,281.63             0.00         0.00     672,857.69

- -------------------------------------------------------------------------------
          856,312.35  2,964,812.88             0.00         0.00 119,098,262.15
===============================================================================







































Run:        05/27/97     11:59:01
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    700.685674  23.049370     3.847389    26.896759   0.000000    677.636305
A-2    806.574308  14.895178     4.697225    19.592403   0.000000    791.679130
A-3   1000.000000   0.000000     5.574087     5.574087   0.000000   1000.000000
A-4   1000.000000   0.000000     5.782076     5.782076   0.000000   1000.000000
A-5   1000.000000   0.000000     5.906869     5.906869   0.000000   1000.000000
A-6   1000.000000   0.000000     6.031662     6.031662   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    299.922682  15.805842     1.996173    17.802015   0.000000    284.116840
A-9    410.417596  14.371785     2.908115    17.279900   0.000000    396.045811
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    984.149335   0.731966     6.550130     7.282096   0.000000    983.417369
M-2    984.149336   0.731965     6.550131     7.282096   0.000000    983.417371
M-3    984.149336   0.731965     6.550131     7.282096   0.000000    983.417371
B-1    984.149323   0.731963     6.550138     7.282101   0.000000    983.417360
B-2    984.149342   0.731964     6.550121     7.282085   0.000000    983.417377
B-3    984.149334   0.731968     6.550138     7.282106   0.000000    672.901671

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S9 (POOL # 4172)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4172 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,877.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       560.96

SUBSERVICER ADVANCES THIS MONTH                                       23,848.46
MASTER SERVICER ADVANCES THIS MONTH                                    2,357.10


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,021,536.25

 (B)  TWO MONTHLY PAYMENTS:                                    1     101,271.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        884,730.97

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     119,098,262.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          411

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                 311,236.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,661,941.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.45493200 %     8.51717000 %    2.02789810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.50956740 %     8.66946669 %    1.80646960 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4766 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,406,531.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,987,200.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.76647480
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.20

POOL TRADING FACTOR:                                                59.55315300


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


Run:        05/27/97     11:59:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    39,832,547.56     6.600000  %  1,245,500.48
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    30,698,458.45     7.200000  %    500,631.54
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  %          0.00
A-7   760947JS1     5,000,000.00     4,197,361.66     7.500000  %          0.00
A-8   760947JT9     8,040,000.00             0.00     7.500000  %          0.00
A-9   760947JU6       142,330.60       136,322.54     0.000000  %        194.33
A-10  760947JV4             0.00             0.00     0.598747  %          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     5,683,317.19     7.500000  %      4,507.39
M-2   760947JZ5     2,883,900.00     2,841,658.57     7.500000  %      2,253.69
M-3   760947KA8     2,883,900.00     2,841,658.57     7.500000  %      2,253.69
B-1                   922,800.00       909,283.45     7.500000  %        721.14
B-2                   807,500.00       795,672.30     7.500000  %        631.04
B-3                 1,153,493.52     1,026,429.84     7.500000  %        814.07

- -------------------------------------------------------------------------------
                  230,710,285.52   171,176,830.69                  1,757,507.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       219,011.73  1,464,512.21             0.00         0.00  38,587,047.08
A-2        42,432.96     42,432.96             0.00         0.00   8,936,000.00
A-3        78,225.97     78,225.97             0.00         0.00  12,520,000.00
A-4       184,134.18    684,765.72             0.00         0.00  30,197,826.91
A-5             0.00          0.00             0.00         0.00           0.00
A-6       427,267.46    427,267.46             0.00         0.00  60,758,120.56
A-7        29,517.00     29,517.00             0.00         0.00   4,197,361.66
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00        194.33             0.00         0.00     136,128.21
A-10       85,383.42     85,383.42             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-1        35,509.82     40,017.21             0.00         0.00   5,678,809.80
M-2        17,754.92     20,008.61             0.00         0.00   2,839,404.88
M-3        17,754.92     20,008.61             0.00         0.00   2,839,404.88
B-1         5,681.27      6,402.41             0.00         0.00     908,562.31
B-2         4,971.42      5,602.46             0.00         0.00     795,041.26
B-3         6,413.22      7,227.29             0.00         0.00   1,025,615.77

- -------------------------------------------------------------------------------
        1,154,058.29  2,911,565.66             0.00         0.00 169,419,323.32
===============================================================================













































Run:        05/27/97     11:59:03
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    716.389533  22.400363     3.938932    26.339295   0.000000    693.989171
A-2   1000.000000   0.000000     4.748541     4.748541   0.000000   1000.000000
A-3    597.043395   0.000000     3.730375     3.730375   0.000000    597.043395
A-4    802.888936  13.093541     4.815854    17.909395   0.000000    789.795395
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    839.472329   0.000000     5.903395     5.903395   0.000000    839.472329
A-7    839.472332   0.000000     5.903400     5.903400   0.000000    839.472332
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    957.787995   1.365342     0.000000     1.365342   0.000000    956.422653
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    985.352680   0.781475     6.156562     6.938037   0.000000    984.571206
M-2    985.352672   0.781473     6.156566     6.938039   0.000000    984.571199
M-3    985.352672   0.781473     6.156566     6.938039   0.000000    984.571199
B-1    985.352677   0.781469     6.156556     6.938025   0.000000    984.571207
B-2    985.352693   0.781474     6.156557     6.938031   0.000000    984.571220
B-3    889.844479   0.705726     5.559823     6.265549   0.000000    889.138736

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:04                                        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                       34,491.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,856.30

SUBSERVICER ADVANCES THIS MONTH                                       25,366.80
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,850,702.52

 (B)  TWO MONTHLY PAYMENTS:                                    1     246,626.92

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     603,364.21


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        539,091.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     169,419,323.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          353

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,600,358.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.75749650 %     6.64558000 %    1.59692320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.67853670 %     6.70385133 %    1.61222110 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5967 %

      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                          8.39375289
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.68

POOL TRADING FACTOR:                                                73.43379726


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


Run:        05/27/97     11:59:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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    65,939,109.26     7.500000  %  1,105,097.92
A-3   760947KR1    47,939,000.00    30,105,285.34     7.250000  %    504,545.61
A-4   760947KS9    27,875,000.00    17,505,263.52     7.650000  %    293,377.19
A-5   760947KT7    30,655,000.00    28,133,024.79     7.650000  %    391,046.79
A-6   760947KU4    20,568,000.00    15,036,977.90     7.650000  %    156,481.87
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    32,368,080.05     7.500000  %     25,473.83
A-17  760947LF6     1,348,796.17     1,162,448.85     0.000000  %      1,320.32
A-18  760947LG4             0.00             0.00     0.477082  %          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    11,161,362.78     7.500000  %      8,784.04
M-2   760947LL3     5,670,200.00     5,580,730.63     7.500000  %      4,392.06
M-3   760947LM1     4,536,100.00     4,464,525.43     7.500000  %      3,513.60
B-1                 2,041,300.00     2,009,090.57     7.500000  %      1,581.16
B-2                 1,587,600.00     1,562,549.47     7.500000  %      1,229.73
B-3                 2,041,838.57     1,797,463.18     7.500000  %      1,414.61

- -------------------------------------------------------------------------------
                  453,612,334.74   365,647,911.77                  2,498,258.73
===============================================================================
_______________________________________________________________________________
                                                                      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       411,986.02  1,517,083.94             0.00         0.00  64,834,011.34
A-3       181,827.22    686,372.83             0.00         0.00  29,600,739.73
A-4       111,559.92    404,937.11             0.00         0.00  17,211,886.33
A-5       179,289.97    570,336.76             0.00         0.00  27,741,978.00
A-6        95,829.70    252,311.57             0.00         0.00  14,880,496.03
A-7        31,250.00     31,250.00             0.00         0.00   5,000,000.00
A-8        13,383.17     13,383.17             0.00         0.00   2,100,000.00
A-9        79,524.25     79,524.25             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      624,797.67    624,797.67             0.00         0.00 100,000,000.00
A-16      202,235.01    227,708.84             0.00         0.00  32,342,606.22
A-17            0.00      1,320.32             0.00         0.00   1,161,128.53
A-18      145,322.83    145,322.83             0.00         0.00           0.00
A-19       59,355.78     59,355.78             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        69,735.94     78,519.98             0.00         0.00  11,152,578.74
M-2        34,868.28     39,260.34             0.00         0.00   5,576,338.57
M-3        27,894.25     31,407.85             0.00         0.00   4,461,011.83
B-1        12,552.76     14,133.92             0.00         0.00   2,007,509.41
B-2         9,762.77     10,992.50             0.00         0.00   1,561,319.74
B-3        11,230.50     12,645.11             0.00         0.00   1,796,048.57

- -------------------------------------------------------------------------------
        2,422,667.71  4,920,926.44             0.00         0.00 363,149,653.04
===============================================================================


























Run:        05/27/97     11:59:04
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    627.991517  10.524742     3.923676    14.448418   0.000000    617.466775
A-3    627.991517  10.524742     3.792887    14.317629   0.000000    617.466775
A-4    627.991516  10.524742     4.002150    14.526892   0.000000    617.466774
A-5    917.730380  12.756379     5.848637    18.605016   0.000000    904.974001
A-6    731.086051   7.608026     4.659165    12.267191   0.000000    723.478026
A-7   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-8   1000.000000   0.000000     6.372938     6.372938   0.000000   1000.000000
A-9   1000.000000   0.000000     6.164671     6.164671   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     6.247977     6.247977   0.000000   1000.000000
A-16   984.221122   0.774587     6.149391     6.923978   0.000000    983.446536
A-17   861.841749   0.978888     0.000000     0.978888   0.000000    860.862861
A-19  1000.000000   0.000000     6.247977     6.247977   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    984.221121   0.774586     6.149391     6.923977   0.000000    983.446535
M-2    984.221126   0.774586     6.149392     6.923978   0.000000    983.446540
M-3    984.221122   0.774586     6.149390     6.923976   0.000000    983.446536
B-1    984.221119   0.774585     6.149395     6.923980   0.000000    983.446534
B-2    984.221133   0.774584     6.149389     6.923973   0.000000    983.446548
B-3    880.316009   0.692812     5.500190     6.193002   0.000000    879.623197

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:05                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S11 (POOL # 4175)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4175 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       76,360.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,997.11

SUBSERVICER ADVANCES THIS MONTH                                       64,762.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   4,768,716.35

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,272,076.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     220,008.68


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,272,374.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     363,149,653.04

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,296

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,210,301.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.70870180 %     5.81823400 %    1.47306370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.66418540 %     5.83504045 %    1.48205740 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4761 %

      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                          8.26250790
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.43

POOL TRADING FACTOR:                                                80.05727032


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


Run:        05/27/97     11:59:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,357,995.96     7.250000  %    454,654.96
A-2   760947KH3    23,594,900.00    23,594,900.00     7.250000  %          0.00
A-3   760947KJ9    56,568,460.00    39,504,224.00     7.250000  %    438,571.95
A-4   760947KE0       434,639.46       380,950.44     0.000000  %      1,837.39
A-5   760947KF7             0.00             0.00     0.529437  %          0.00
R     760947KK6           100.00             0.00     7.250000  %          0.00
M-1   760947KL4     1,803,000.00     1,681,744.72     7.250000  %      6,313.27
M-2   760947KM2       901,000.00       840,406.00     7.250000  %      3,154.88
M-3   760947KN0       721,000.00       672,511.33     7.250000  %      2,524.61
B-1                   360,000.00       335,789.31     7.250000  %      1,260.55
B-2                   361,000.00       336,722.04     7.250000  %      1,264.05
B-3                   360,674.91       336,418.78     7.250000  %      1,262.93

- -------------------------------------------------------------------------------
                  120,152,774.37    85,041,662.58                    910,844.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       104,754.96    559,409.92             0.00         0.00  16,903,341.00
A-2       142,394.48    142,394.48             0.00         0.00  23,594,900.00
A-3       238,406.75    676,978.70             0.00         0.00  39,065,652.05
A-4             0.00      1,837.39             0.00         0.00     379,113.05
A-5        37,478.58     37,478.58             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,149.28     16,462.55             0.00         0.00   1,675,431.45
M-2         5,071.82      8,226.70             0.00         0.00     837,251.12
M-3         4,058.59      6,583.20             0.00         0.00     669,986.72
B-1         2,026.48      3,287.03             0.00         0.00     334,528.76
B-2         2,032.10      3,296.15             0.00         0.00     335,457.99
B-3         2,030.28      3,293.21             0.00         0.00     335,155.85

- -------------------------------------------------------------------------------
          548,403.32  1,459,247.91             0.00         0.00  84,130,817.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    495.263523  12.972351     2.988900    15.961251   0.000000    482.291172
A-2   1000.000000   0.000000     6.034969     6.034969   0.000000   1000.000000
A-3    698.343635   7.752941     4.214482    11.967423   0.000000    690.590694
A-4    876.474584   4.227389     0.000000     4.227389   0.000000    872.247195
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    932.748042   3.501536     5.629107     9.130643   0.000000    929.246506
M-2    932.748058   3.501532     5.629101     9.130633   0.000000    929.246526
M-3    932.748031   3.501540     5.629112     9.130652   0.000000    929.246491
B-1    932.748083   3.501528     5.629111     9.130639   0.000000    929.246556
B-2    932.748033   3.501524     5.629086     9.130610   0.000000    929.246510
B-3    932.747942   3.501547     5.629113     9.130660   0.000000    929.246368

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:06                                        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                       17,243.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,972.56

SUBSERVICER ADVANCES THIS MONTH                                        4,893.85
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     488,285.03

 (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                                                      84,130,817.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          339

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      591,472.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.03477810 %     3.77348800 %    1.19173360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.99972940 %     3.78300053 %    0.00000000 %
CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5269 %

      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                          8.04898965
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              153.32

POOL TRADING FACTOR:                                                70.01987131


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


Run:        05/27/97     11:59:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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    54,500,253.41     6.270000  %  2,092,249.81
R                           0.00             0.00     0.000000  %          0.00
B-1                 1,156,700.00     1,092,057.19     7.250000  %      5,284.41
B-2                 1,257,300.00     1,187,035.10     7.250000  %      5,744.01
B-3                   604,098.39       513,888.82     7.250000  %      2,486.68

- -------------------------------------------------------------------------------
                  100,579,098.39    57,293,234.52                  2,105,764.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         284,322.31  2,376,572.12             0.00         0.00  52,408,003.60
R          84,557.56     84,557.56             0.00         0.00           0.00
B-1         6,587.62     11,872.03             0.00         0.00   1,086,772.78
B-2         7,160.55     12,904.56             0.00         0.00   1,181,291.09
B-3         3,099.93      5,586.61             0.00         0.00     511,402.13

- -------------------------------------------------------------------------------
          385,727.97  2,491,492.88             0.00         0.00  55,187,469.60
===============================================================================












Run:        05/27/97     11:59:07
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      558.627458  21.445555     2.914303    24.359858   0.000000    537.181903
B-1    944.114455   4.568523     5.695185    10.263708   0.000000    939.545932
B-2    944.114452   4.568528     5.695180    10.263708   0.000000    939.545924
B-3    850.670733   4.116349     5.131499     9.247848   0.000000    846.554367

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:08                                        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                       15,581.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       28,045.20
MASTER SERVICER ADVANCES THIS MONTH                                    3,698.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,712,236.72

 (B)  TWO MONTHLY PAYMENTS:                                    2     957,099.97

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     166,517.26


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        915,532.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,187,469.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          313

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                 490,985.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,828,525.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      226,422.02

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.12511180 %     4.87488820 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.96359220 %     5.03640780 %

      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                          8.64054440
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.39

POOL TRADING FACTOR:                                                54.86971994


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


Run:        05/27/97     11:59:08                                    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-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    21,786,106.49     7.500000  %    968,396.19
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    63,996,981.60     7.500000  %    638,864.88
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     1,129,599.96     0.000000  %      2,123.23
R     760947MG3           100.00             0.00     7.500000  %          0.00
M-1   760947MH1    10,777,500.00    10,608,469.23     7.500000  %      8,600.54
M-2   760947MJ7     5,987,500.00     5,893,594.01     7.500000  %      4,778.08
M-3   760947MK4     4,790,000.00     4,714,875.20     7.500000  %      3,822.46
B-1                 2,395,000.00     2,357,437.60     7.500000  %      1,911.23
B-2                 1,437,000.00     1,414,462.56     7.500000  %      1,146.74
B-3                 2,155,426.27     2,042,491.88     7.500000  %      1,655.89

- -------------------------------------------------------------------------------
                  478,999,910.73   401,322,719.53                  1,631,299.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       136,078.07  1,104,474.26             0.00         0.00  20,817,710.30
A-2       355,246.59    355,246.59             0.00         0.00  56,875,000.00
A-3       146,783.21    146,783.21             0.00         0.00  23,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       399,731.17  1,038,596.05             0.00         0.00  63,358,116.72
A-6       607,195.29    607,195.29             0.00         0.00  97,212,000.00
A-7        77,620.21     77,620.21             0.00         0.00  12,427,000.00
A-8       332,184.15    332,184.15             0.00         0.00  53,182,701.00
A-9       256,592.20    256,592.20             0.00         0.00  41,080,426.00
A-10       19,372.73     19,372.73             0.00         0.00   3,101,574.00
A-11            0.00      2,123.23             0.00         0.00   1,127,476.73
R               0.00          0.00             0.00         0.00           0.00
M-1        66,261.49     74,862.03             0.00         0.00  10,599,868.69
M-2        36,811.94     41,590.02             0.00         0.00   5,888,815.93
M-3        29,449.55     33,272.01             0.00         0.00   4,711,052.74
B-1        14,724.78     16,636.01             0.00         0.00   2,355,526.37
B-2         8,834.87      9,981.61             0.00         0.00   1,413,315.82
B-3        12,757.59     14,413.48             0.00         0.00   2,040,835.98

- -------------------------------------------------------------------------------
        2,499,643.84  4,130,943.08             0.00         0.00 399,691,420.28
===============================================================================













































Run:        05/27/97     11:59:08
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    319.200998  14.188539     1.993759    16.182298   0.000000    305.012458
A-2   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-3   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    853.293088   8.518198     5.329749    13.847947   0.000000    844.774890
A-6   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-7   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-8   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-9   1000.000000   0.000000     6.246094     6.246094   0.000000   1000.000000
A-10  1000.000000   0.000000     6.246096     6.246096   0.000000   1000.000000
A-11   960.965456   1.806260     0.000000     1.806260   0.000000    959.159196
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.316328   0.798009     6.148132     6.946141   0.000000    983.518320
M-2    984.316327   0.798009     6.148132     6.946141   0.000000    983.518318
M-3    984.316326   0.798008     6.148132     6.946140   0.000000    983.518317
B-1    984.316326   0.798008     6.148134     6.946142   0.000000    983.518317
B-2    984.316326   0.798010     6.148135     6.946145   0.000000    983.518316
B-3    947.604615   0.768242     5.918825     6.687067   0.000000    946.836368

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S14 (POOL # 4178)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4178 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       82,076.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,966.10

SPREAD                                                               141,769.52

SUBSERVICER ADVANCES THIS MONTH                                       48,833.75
MASTER SERVICER ADVANCES THIS MONTH                                    1,106.35


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,189,322.85

 (B)  TWO MONTHLY PAYMENTS:                                    3     761,649.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     939,830.96


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        527,012.87

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     399,691,420.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,393

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                 141,383.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,305,861.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.24542850 %     1.45289700 %    5.30167500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.22331690 %     1.45354088 %    5.31903040 %

      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                          8.20111174
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.68

POOL TRADING FACTOR:                                                83.44290079


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


Run:        05/27/97     11:59:11                                    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    64,226,153.69     7.000000  %    859,496.18
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     1,118,035.50     0.000000  %      5,058.43
A-6   7609473R0             0.00             0.00     0.496765  %          0.00
R     760947MU2           100.00             0.00     7.000000  %          0.00
M-1   760947MR9     2,277,000.00     2,140,153.32     7.000000  %      8,274.06
M-2   760947MS7       911,000.00       856,249.31     7.000000  %      3,310.35
M-3   760947MT5     1,367,000.00     1,284,843.92     7.000000  %      4,967.34
B-1                   455,000.00       427,654.69     7.000000  %      1,653.36
B-2                   455,000.00       427,654.69     7.000000  %      1,653.36
B-3                   455,670.95       428,285.40     7.000000  %      1,655.80

- -------------------------------------------------------------------------------
                  182,156,882.70   144,424,030.52                    886,068.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       374,425.62  1,233,921.80             0.00         0.00  63,366,657.51
A-2       198,213.19    198,213.19             0.00         0.00  34,000,000.00
A-3        81,617.20     81,617.20             0.00         0.00  14,000,000.00
A-4       148,747.34    148,747.34             0.00         0.00  25,515,000.00
A-5             0.00      5,058.43             0.00         0.00   1,112,977.07
A-6        59,751.07     59,751.07             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        12,476.67     20,750.73             0.00         0.00   2,131,879.26
M-2         4,991.76      8,302.11             0.00         0.00     852,938.96
M-3         7,490.38     12,457.72             0.00         0.00   1,279,876.58
B-1         2,493.14      4,146.50             0.00         0.00     426,001.33
B-2         2,493.14      4,146.50             0.00         0.00     426,001.33
B-3         2,496.82      4,152.62             0.00         0.00     426,629.60

- -------------------------------------------------------------------------------
          895,196.33  1,781,265.21             0.00         0.00 143,537,961.64
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    632.769987   8.467943     3.688922    12.156865   0.000000    624.302044
A-2   1000.000000   0.000000     5.829800     5.829800   0.000000   1000.000000
A-3   1000.000000   0.000000     5.829800     5.829800   0.000000   1000.000000
A-4   1000.000000   0.000000     5.829800     5.829800   0.000000   1000.000000
A-5    915.588192   4.142479     0.000000     4.142479   0.000000    911.445713
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    939.900448   3.633755     5.479433     9.113188   0.000000    936.266693
M-2    939.900450   3.633754     5.479429     9.113183   0.000000    936.266696
M-3    939.900454   3.633753     5.479429     9.113182   0.000000    936.266701
B-1    939.900418   3.633758     5.479429     9.113187   0.000000    936.266659
B-2    939.900418   3.633758     5.479429     9.113187   0.000000    936.266659
B-3    939.900602   3.633741     5.479436     9.113177   0.000000    936.266839

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:12                                        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                       29,088.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,558.14

SUBSERVICER ADVANCES THIS MONTH                                       35,139.67
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,763,926.88

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     368,111.08


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        412,022.54

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     143,537,961.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          559

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      327,229.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.11681190 %     2.98748600 %    0.89570210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.10789700 %     2.97112677 %    0.89775840 %

      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                          7.73545129
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              154.25

POOL TRADING FACTOR:                                                78.79908764


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


Run:        05/27/97     11:59:13                                    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    10,025,308.40     7.500000  %    181,633.55
A-2   760947MW8   152,100,000.00   105,570,386.73     7.500000  %  1,649,140.99
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    41,768,920.91     7.500000  %     32,346.66
A-8   760947NC1    22,189,665.00    16,768,740.52     8.500000  %    192,132.88
A-9   760947ND9    24,993,667.00    18,915,558.16     7.000000  %    215,425.36
A-10  760947NE7     9,694,332.00     7,312,462.26     7.250000  %     84,420.19
A-11  760947NF4    19,384,664.00    14,620,924.21     7.125000  %    168,840.40
A-12  760947NG2       917,418.09       873,777.70     0.000000  %      2,888.51
A-13  7609473Q2             0.00             0.00     0.518722  %          0.00
R     760947NH0           100.00             0.00     7.500000  %          0.00
M-1   760947NK3    10,149,774.00     9,992,924.07     7.500000  %      7,738.71
M-2   760947NL1     5,638,762.00     5,551,623.18     7.500000  %      4,299.28
M-3   760947NM9     4,511,009.00     4,441,297.96     7.500000  %      3,439.43
B-1   760947NN7     2,255,508.00     2,220,652.42     7.500000  %      1,719.72
B-2   760947NP2     1,353,299.00     1,332,385.73     7.500000  %      1,031.83
B-3   760947NQ0     2,029,958.72     1,995,616.09     7.500000  %      1,545.46

- -------------------------------------------------------------------------------
                  451,101,028.81   379,698,920.34                  2,546,602.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        62,642.53    244,276.08             0.00         0.00   9,843,674.85
A-2       659,650.17  2,308,791.16             0.00         0.00 103,921,245.74
A-3        59,874.06     59,874.06             0.00         0.00   9,582,241.00
A-4       215,247.21    215,247.21             0.00         0.00  34,448,155.00
A-5       311,939.25    311,939.25             0.00         0.00  49,922,745.00
A-6       277,150.79    277,150.79             0.00         0.00  44,355,201.00
A-7       260,990.58    293,337.24             0.00         0.00  41,736,574.25
A-8       118,748.92    310,881.80             0.00         0.00  16,576,607.64
A-9       110,313.21    325,738.57             0.00         0.00  18,700,132.80
A-10       44,168.43    128,588.62             0.00         0.00   7,228,042.07
A-11       86,790.06    255,630.46             0.00         0.00  14,452,083.81
A-12            0.00      2,888.51             0.00         0.00     870,889.19
A-13      164,090.77    164,090.77             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,440.18     70,178.89             0.00         0.00   9,985,185.36
M-2        34,688.98     38,988.26             0.00         0.00   5,547,323.90
M-3        27,751.18     31,190.61             0.00         0.00   4,437,858.53
B-1        13,875.61     15,595.33             0.00         0.00   2,218,932.70
B-2         8,325.33      9,357.16             0.00         0.00   1,331,353.90
B-3        12,469.49     14,014.95             0.00         0.00   1,994,070.63

- -------------------------------------------------------------------------------
        2,531,156.75  5,077,759.72             0.00         0.00 377,152,317.37
===============================================================================









































Run:        05/27/97     11:59:13
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    661.736528  11.989013     4.134820    16.123833   0.000000    649.747515
A-2    694.085383  10.842479     4.336950    15.179429   0.000000    683.242904
A-3   1000.000000   0.000000     6.248440     6.248440   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248439     6.248439   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248439     6.248439   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248440     6.248440   0.000000   1000.000000
A-7    984.546462   0.762452     6.151879     6.914331   0.000000    983.784010
A-8    755.700481   8.658665     5.351542    14.010207   0.000000    747.041816
A-9    756.814043   8.619198     4.413646    13.032844   0.000000    748.194845
A-10   754.302850   8.708201     4.556109    13.264310   0.000000    745.594649
A-11   754.252135   8.709999     4.477254    13.187253   0.000000    745.542136
A-12   952.431296   3.148521     0.000000     3.148521   0.000000    949.282775
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    984.546461   0.762451     6.151879     6.914330   0.000000    983.784009
M-2    984.546463   0.762451     6.151879     6.914330   0.000000    983.784012
M-3    984.546464   0.762452     6.151879     6.914331   0.000000    983.784012
B-1    984.546461   0.762454     6.151878     6.914332   0.000000    983.784008
B-2    984.546453   0.762455     6.151878     6.914333   0.000000    983.783998
B-3    983.082104   0.761316     6.142731     6.904047   0.000000    982.320778

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:13                                        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                       75,762.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,476.82

SUBSERVICER ADVANCES THIS MONTH                                       75,143.90
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   5,337,671.85

 (B)  TWO MONTHLY PAYMENTS:                                    2     669,942.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,100,635.50


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,899,671.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     377,152,317.36

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,367

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,252,438.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.25955520 %     5.27574400 %    1.46470060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.21924410 %     5.29504046 %    1.47346020 %

      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                          8.28912557
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              333.77

POOL TRADING FACTOR:                                                83.60706212


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


Run:        05/27/97     11:59:14                                    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   117,892,314.42     7.500000  %  3,511,063.14
A-2   760947PD7     7,348,151.00     7,348,151.00     7.500000  %          0.00
A-3   760947PE5    24,828,814.00    19,475,058.19     8.500000  %    431,056.46
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    19,475,058.19     7.000000  %    431,056.46
A-8   760947PK1    42,208,985.00    41,614,972.55     7.500000  %     33,056.35
A-9   760947PL9    49,657,668.00    38,950,140.20     7.250000  %    862,114.23
A-10  760947PM7       479,655.47       434,500.41     0.000000  %      1,746.37
A-11  7609473S8             0.00             0.00     0.466713  %          0.00
R     760947PN5           100.00             0.00     7.500000  %          0.00
M-1   760947PP0    10,087,900.00     9,945,931.69     7.500000  %      7,900.43
M-2   760947PQ8     5,604,400.00     5,525,528.57     7.500000  %      4,389.14
M-3   760947PR6     4,483,500.00     4,420,403.12     7.500000  %      3,511.29
B-1                 2,241,700.00     2,210,152.29     7.500000  %      1,755.61
B-2                 1,345,000.00     1,326,071.64     7.500000  %      1,053.35
B-3                 2,017,603.30     1,989,209.36     7.500000  %      1,580.10

- -------------------------------------------------------------------------------
                  448,349,608.77   382,324,809.63                  5,290,282.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       735,029.46  4,246,092.60             0.00         0.00 114,381,251.28
A-2        45,813.90     45,813.90             0.00         0.00   7,348,151.00
A-3       137,611.80    568,668.26             0.00         0.00  19,044,001.73
A-4        99,240.55     99,240.55             0.00         0.00  15,917,318.00
A-5       273,082.18    273,082.18             0.00         0.00  43,800,000.00
A-6       324,207.15    324,207.15             0.00         0.00  52,000,000.00
A-7       113,327.37    544,383.83             0.00         0.00  19,044,001.73
A-8       259,459.07    292,515.42             0.00         0.00  41,581,916.20
A-9       234,749.68  1,096,863.91             0.00         0.00  38,088,025.97
A-10            0.00      1,746.37             0.00         0.00     432,754.04
A-11      148,333.97    148,333.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,010.42     69,910.85             0.00         0.00   9,938,031.26
M-2        34,450.30     38,839.44             0.00         0.00   5,521,139.43
M-3        27,560.12     31,071.41             0.00         0.00   4,416,891.83
B-1        13,779.75     15,535.36             0.00         0.00   2,208,396.68
B-2         8,267.73      9,321.08             0.00         0.00   1,325,018.29
B-3        12,402.23     13,982.33             0.00         0.00   1,987,629.26

- -------------------------------------------------------------------------------
        2,529,325.68  7,819,608.61             0.00         0.00 377,034,526.70
===============================================================================













































Run:        05/27/97     11:59:14
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    729.983371  21.740329     4.551266    26.291595   0.000000    708.243042
A-2   1000.000000   0.000000     6.234752     6.234752   0.000000   1000.000000
A-3    784.373277  17.361138     5.542423    22.903561   0.000000    767.012139
A-4   1000.000000   0.000000     6.234753     6.234753   0.000000   1000.000000
A-5   1000.000000   0.000000     6.234753     6.234753   0.000000   1000.000000
A-6   1000.000000   0.000000     6.234753     6.234753   0.000000   1000.000000
A-7    784.373277  17.361138     4.564349    21.925487   0.000000    767.012139
A-8    985.926872   0.783159     6.147010     6.930169   0.000000    985.143713
A-9    784.373124  17.361150     4.727360    22.088510   0.000000    767.011974
A-10   905.859387   3.640884     0.000000     3.640884   0.000000    902.218503
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    985.926872   0.783159     6.147010     6.930169   0.000000    985.143713
M-2    985.926874   0.783160     6.147009     6.930169   0.000000    985.143714
M-3    985.926870   0.783158     6.147010     6.930168   0.000000    985.143711
B-1    985.926881   0.783160     6.147009     6.930169   0.000000    985.143721
B-2    985.926870   0.783160     6.147011     6.930171   0.000000    985.143710
B-3    985.926897   0.783157     6.147011     6.930168   0.000000    985.143740

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:15                                        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                       77,972.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,713.23

SUBSERVICER ADVANCES THIS MONTH                                       28,523.62
MASTER SERVICER ADVANCES THIS MONTH                                    1,808.65


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,095,531.29

 (B)  TWO MONTHLY PAYMENTS:                                    1     237,420.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        492,791.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     377,034,526.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,405

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                 239,690.18

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,986,471.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.34434630 %     5.20879000 %    1.44686400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.25624340 %     5.27168233 %    1.46601650 %

      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                          8.25313327
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              334.80

POOL TRADING FACTOR:                                                84.09386767


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


Run:        05/27/97     11:59:15                                    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     5,904,155.60     7.000000  %  1,485,686.80
A-2   760947NS6    45,874,000.00    45,874,000.00     7.000000  %          0.00
A-3   760947NT4    14,000,000.00    11,040,587.21     7.000000  %    210,262.22
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       378,051.78     0.000000  %      1,558.19
A-8   7609473T6             0.00             0.00     0.507834  %          0.00
R     760947NX5           100.00             0.00     7.000000  %          0.00
M-1   760947NY3     2,110,000.00     1,991,343.31     7.000000  %      7,532.31
M-2   760947NZ0     1,054,500.00       995,199.77     7.000000  %      3,764.37
M-3   760947PA3       773,500.00       730,001.92     7.000000  %      2,761.25
B-1                   351,000.00       331,261.37     7.000000  %      1,253.00
B-2                   281,200.00       265,386.60     7.000000  %      1,003.83
B-3                   350,917.39       331,183.42     7.000000  %      1,252.72

- -------------------------------------------------------------------------------
                  140,600,865.75   116,415,670.98                  1,715,074.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        34,388.53  1,520,075.33             0.00         0.00   4,418,468.80
A-2       267,191.34    267,191.34             0.00         0.00  45,874,000.00
A-3        64,305.48    274,567.70             0.00         0.00  10,830,324.99
A-4        62,950.78     62,950.78             0.00         0.00  10,808,000.00
A-5       138,630.91    138,630.91             0.00         0.00  23,801,500.00
A-6        81,338.60     81,338.60             0.00         0.00  13,965,000.00
A-7             0.00      1,558.19             0.00         0.00     376,493.59
A-8        49,191.58     49,191.58             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        11,598.50     19,130.81             0.00         0.00   1,983,811.00
M-2         5,796.50      9,560.87             0.00         0.00     991,435.40
M-3         4,251.86      7,013.11             0.00         0.00     727,240.67
B-1         1,929.42      3,182.42             0.00         0.00     330,008.37
B-2         1,545.74      2,549.57             0.00         0.00     264,382.77
B-3         1,928.96      3,181.68             0.00         0.00     329,930.70

- -------------------------------------------------------------------------------
          725,048.20  2,440,122.89             0.00         0.00 114,700,596.29
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    220.181078  55.405064     1.282436    56.687500   0.000000    164.776013
A-2   1000.000000   0.000000     5.824461     5.824461   0.000000   1000.000000
A-3    788.613372  15.018730     4.593249    19.611979   0.000000    773.594642
A-4   1000.000000   0.000000     5.824462     5.824462   0.000000   1000.000000
A-5   1000.000000   0.000000     5.824461     5.824461   0.000000   1000.000000
A-6   1000.000000   0.000000     5.824461     5.824461   0.000000   1000.000000
A-7    908.454331   3.744314     0.000000     3.744314   0.000000    904.710017
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    943.764602   3.569815     5.496919     9.066734   0.000000    940.194787
M-2    943.764599   3.569815     5.496918     9.066733   0.000000    940.194784
M-3    943.764602   3.569813     5.496910     9.066723   0.000000    940.194790
B-1    943.764587   3.569801     5.496923     9.066724   0.000000    940.194786
B-2    943.764580   3.569808     5.496942     9.066750   0.000000    940.194772
B-3    943.764628   3.569815     5.496906     9.066721   0.000000    940.194785

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:16                                        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                       23,592.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,690.25

SUBSERVICER ADVANCES THIS MONTH                                        5,182.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     515,792.20

 (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                                                     114,700,596.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          446

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,274,671.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.99752530 %     3.20287900 %    0.79959530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.95290160 %     3.22795800 %    0.80851000 %

      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                          7.78665825
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              155.01

POOL TRADING FACTOR:                                                81.57886915


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


Run:        05/27/97     11:59:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    95,103,017.60     7.000000  %  1,224,168.19
A-2   7609473U3             0.00             0.00     0.543221  %          0.00
R     760947QL8           100.00             0.00     7.000000  %          0.00
M-1   760947QM6     1,786,900.00     1,695,070.76     7.000000  %      6,264.56
M-2   760947QN4       893,400.00       847,487.96     7.000000  %      3,132.10
M-3   760947QP9       595,600.00       564,991.96     7.000000  %      2,088.07
B-1                   297,800.00       282,495.99     7.000000  %      1,044.03
B-2                   238,200.00       225,958.83     7.000000  %        835.09
B-3                   357,408.38       339,041.05     7.000000  %      1,253.02

- -------------------------------------------------------------------------------
                  119,123,708.38    99,058,064.15                  1,238,785.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         554,487.53  1,778,655.72             0.00         0.00  93,878,849.41
A-2        44,819.37     44,819.37             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,882.92     16,147.48             0.00         0.00   1,688,806.20
M-2         4,941.18      8,073.28             0.00         0.00     844,355.86
M-3         3,294.13      5,382.20             0.00         0.00     562,903.89
B-1         1,647.06      2,691.09             0.00         0.00     281,451.96
B-2         1,317.42      2,152.51             0.00         0.00     225,123.74
B-3         1,976.74      3,229.76             0.00         0.00     337,788.03

- -------------------------------------------------------------------------------
          622,366.35  1,861,151.41             0.00         0.00  97,819,279.09
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      827.311528  10.649173     4.823548    15.472721   0.000000    816.662356
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    948.609749   3.505826     5.530763     9.036589   0.000000    945.103923
M-2    948.609760   3.505820     5.530759     9.036579   0.000000    945.103940
M-3    948.609738   3.505826     5.530776     9.036602   0.000000    945.103912
B-1    948.609772   3.505809     5.530759     9.036568   0.000000    945.103962
B-2    948.609698   3.505835     5.530730     9.036565   0.000000    945.103862
B-3    948.609683   3.505822     5.530760     9.036582   0.000000    945.103833

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:17                                        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                       20,352.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,016.04

SUBSERVICER ADVANCES THIS MONTH                                       21,712.05
MASTER SERVICER ADVANCES THIS MONTH                                    3,332.42


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,360,112.16

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (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                                                      97,819,279.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          401

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 338,494.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      872,691.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.00734520 %     3.13710000 %    0.85555470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.97172490 %     3.16508768 %    0.86318740 %

      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                          7.85593735
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              157.27

POOL TRADING FACTOR:                                                82.11571015


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


Run:        05/27/97     11:59:17                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    27,298,902.53     6.200000  %  1,051,830.98
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    44,339,692.79     7.050000  %  1,074,517.35
A-5   760947QU8   104,043,000.00    96,989,502.45     0.000000  %    641,710.63
A-6   760947QV6    26,848,000.00    26,550,257.24     7.500000  %     20,225.81
A-7   760947QW4       366,090.95       356,084.99     0.000000  %        335.05
A-8   7609473V1             0.00             0.00     0.434948  %          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     6,637,366.54     7.500000  %      5,056.30
M-2   760947RA1     4,474,600.00     4,424,976.96     7.500000  %      3,370.92
M-3   760947RB9     2,983,000.00     2,949,918.70     7.500000  %      2,247.23
B-1                 1,789,800.00     1,769,951.21     7.500000  %      1,348.34
B-2                   745,700.00       737,430.23     7.500000  %        561.77
B-3                 1,193,929.65     1,180,689.01     7.500000  %        899.43

- -------------------------------------------------------------------------------
                  298,304,120.60   257,532,772.65                  2,802,103.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       141,007.27  1,192,838.25             0.00         0.00  26,247,071.55
A-2       194,125.66    194,125.66             0.00         0.00  35,848,000.00
A-3        43,646.86     43,646.86             0.00         0.00   8,450,000.00
A-4       260,427.26  1,334,944.61             0.00         0.00  43,265,175.44
A-5       250,663.02    892,373.65       440,568.42         0.00  96,788,360.24
A-6       165,895.51    186,121.32             0.00         0.00  26,530,031.43
A-7             0.00        335.05             0.00         0.00     355,749.94
A-8        93,320.00     93,320.00             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        41,472.64     46,528.94             0.00         0.00   6,632,310.24
M-2        27,648.84     31,019.76             0.00         0.00   4,421,606.04
M-3        18,432.15     20,679.38             0.00         0.00   2,947,671.47
B-1        11,059.29     12,407.63             0.00         0.00   1,768,602.87
B-2         4,607.73      5,169.50             0.00         0.00     736,868.46
B-3         7,377.37      8,276.80             0.00         0.00   1,179,789.58

- -------------------------------------------------------------------------------
        1,259,683.60  4,061,787.41       440,568.42         0.00 255,171,237.26
===============================================================================

















































Run:        05/27/97     11:59:17
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    727.970734  28.048826     3.760194    31.809020   0.000000    699.921908
A-2   1000.000000   0.000000     5.415244     5.415244   0.000000   1000.000000
A-3   1000.000000   0.000000     5.165309     5.165309   0.000000   1000.000000
A-4    658.347332  15.954229     3.866774    19.821003   0.000000    642.393102
A-5    932.205938   6.167744     2.409225     8.576969   4.234484    930.272678
A-6    988.910058   0.753345     6.179064     6.932409   0.000000    988.156713
A-7    972.668103   0.915210     0.000000     0.915210   0.000000    971.752894
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    988.910060   0.753345     6.179064     6.932409   0.000000    988.156715
M-2    988.910061   0.753346     6.179064     6.932410   0.000000    988.156716
M-3    988.910057   0.753346     6.179065     6.932411   0.000000    988.156711
B-1    988.910051   0.753347     6.179065     6.932412   0.000000    988.156705
B-2    988.910058   0.753346     6.179067     6.932413   0.000000    988.156712
B-3    988.910033   0.753344     6.179066     6.932410   0.000000    988.156698

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:18                                        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                       53,072.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       30,403.59
MASTER SERVICER ADVANCES THIS MONTH                                    2,687.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,296,426.31

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     228,855.34


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,571,067.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     255,171,237.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          963

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                 364,507.70

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,165,319.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.11744280 %     5.44849600 %    1.43406090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.05895850 %     5.48713401 %    1.44624680 %

      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                          8.21639478
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              337.14

POOL TRADING FACTOR:                                                85.54063442


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


Run:        05/27/97     12:00:19                                    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    13,405,775.09     7.500000  %    160,085.36
A-2   760947PT2    73,285,445.00    60,675,182.44     7.500000  %    493,064.86
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    29,771,105.32     7.500000  %     25,986.82
A-6   760947PX3    19,608,650.00    15,718,247.76     7.500000  %    152,115.84
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    94,389,623.26     7.500000  %    768,440.70
A-11  760947QC8     3,268,319.71     3,014,722.81     0.000000  %     28,170.64
R     760947QD6           100.00             0.00     7.500000  %          0.00
M-1   760947QE4     7,342,463.00     7,241,740.20     7.500000  %      6,321.22
M-2   760947QF1     5,710,804.00     5,632,464.08     7.500000  %      4,916.51
M-3   760947QG9     3,263,317.00     3,218,551.32     7.500000  %      2,809.43
B-1   760947QH7     1,794,824.00     1,770,202.88     7.500000  %      1,545.19
B-2   760947QJ3     1,142,161.00     1,126,493.02     7.500000  %        983.30
B-3                 1,957,990.76     1,923,651.63     7.500000  %      1,679.11

- -------------------------------------------------------------------------------
                  326,331,688.47   285,117,497.81                  1,646,118.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        83,767.99    243,853.35             0.00         0.00  13,245,689.73
A-2       379,137.96    872,202.82             0.00         0.00  60,182,117.58
A-3        48,525.37     48,525.37             0.00         0.00   7,765,738.00
A-4       210,410.78    210,410.78             0.00         0.00  33,673,000.00
A-5       186,029.21    212,016.03             0.00         0.00  29,745,118.50
A-6        98,217.83    250,333.67             0.00         0.00  15,566,131.92
A-7        17,340.00     17,340.00             0.00         0.00   2,775,000.00
A-8         6,436.11      6,436.11             0.00         0.00   1,030,000.00
A-9        12,409.82     12,409.82             0.00         0.00   1,986,000.00
A-10      589,807.70  1,358,248.40             0.00         0.00  93,621,182.56
A-11            0.00     28,170.64             0.00         0.00   2,986,552.17
R               0.00          0.00             0.00         0.00           0.00
M-1        45,251.10     51,572.32             0.00         0.00   7,235,418.98
M-2        35,195.29     40,111.80             0.00         0.00   5,627,547.57
M-3        20,111.60     22,921.03             0.00         0.00   3,215,741.89
B-1        11,061.38     12,606.57             0.00         0.00   1,768,657.69
B-2         7,039.06      8,022.36             0.00         0.00   1,125,509.72
B-3        12,020.22     13,699.33             0.00         0.00   1,921,972.52

- -------------------------------------------------------------------------------
        1,762,761.42  3,408,880.40             0.00         0.00 283,471,378.83
===============================================================================













































Run:        05/27/97     12:00:19
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    766.044291   9.147735     4.786742    13.934477   0.000000    756.896556
A-2    827.929508   6.728005     5.173441    11.901446   0.000000    821.201503
A-3   1000.000000   0.000000     6.248649     6.248649   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248650     6.248650   0.000000   1000.000000
A-5    986.282153   0.860913     6.162932     7.023845   0.000000    985.421240
A-6    801.597650   7.757589     5.008903    12.766492   0.000000    793.840061
A-7   1000.000000   0.000000     6.248649     6.248649   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248650     6.248650   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248651     6.248651   0.000000   1000.000000
A-10   827.669175   6.738184     5.171815    11.909999   0.000000    820.930991
A-11   922.407560   8.619304     0.000000     8.619304   0.000000    913.788257
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    986.282151   0.860913     6.162932     7.023845   0.000000    985.421238
M-2    986.282156   0.860914     6.162931     7.023845   0.000000    985.421242
M-3    986.282154   0.860912     6.162932     7.023844   0.000000    985.421242
B-1    986.282154   0.860914     6.162933     7.023847   0.000000    985.421239
B-2    986.282162   0.860912     6.162931     7.023843   0.000000    985.421250
B-3    982.462057   0.857578     6.139059     6.996637   0.000000    981.604489

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:19                                        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                       55,206.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                87,224.12

SUBSERVICER ADVANCES THIS MONTH                                       17,196.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     247,393.64

 (B)  TWO MONTHLY PAYMENTS:                                    1     262,981.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,500,618.51


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        246,653.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     283,471,378.83

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          996

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,394,472.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.58670780 %     5.70457200 %    1.70872040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.55045320 %     5.67207473 %    1.71707680 %

      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                          8.06024627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.00

POOL TRADING FACTOR:                                                86.86602890

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


Run:        05/27/97     11:59:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   137,901,598.77     6.850000  %  1,214,465.18
A-2   760947RD5    25,000,000.00    21,142,921.67     7.250000  %    130,211.68
A-3   760947RE3    22,600,422.00    22,600,422.00     7.000000  %          0.00
A-4   760947RF0    15,842,000.00    14,306,153.32     6.750000  %    107,411.69
A-5   760947RG8    11,649,000.00    11,048,690.63     6.900000  %     41,983.52
A-6   760947RU7    73,856,000.00    75,391,846.68     0.000000  %          0.00
A-7   760947RH6    93,000,000.00    81,706,727.66     7.250000  %    381,251.27
A-8   760947RJ2     6,350,000.00     6,950,309.37     7.250000  %          0.00
A-9   760947RK9    20,348,738.00    16,138,647.68     7.250000  %    142,129.07
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       169,308.48     0.000000  %        189.40
A-14  7609473W9             0.00             0.00     0.630270  %          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    11,807,691.46     7.250000  %      9,011.98
M-2   760947RS2     6,634,109.00     6,559,828.71     7.250000  %      5,006.66
M-3   760947RT0     5,307,287.00     5,247,862.77     7.250000  %      4,005.33
B-1   760947RV5     3,184,372.00     3,148,717.46     7.250000  %      2,403.20
B-2   760947RW3     1,326,822.00     1,311,965.93     7.250000  %      1,001.33
B-3   760947RX1     2,122,914.66     2,093,378.07     7.250000  %      1,597.71

- -------------------------------------------------------------------------------
                  530,728,720.00   475,037,228.66                  2,040,668.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       787,039.54  2,001,504.72             0.00         0.00 136,687,133.59
A-2       127,714.35    257,926.03             0.00         0.00  21,012,709.99
A-3       131,810.89    131,810.89             0.00         0.00  22,600,422.00
A-4        80,456.90    187,868.59             0.00         0.00  14,198,741.63
A-5        63,517.96    105,501.48             0.00         0.00  11,006,707.11
A-6       408,133.91    408,133.91       107,411.69         0.00  75,499,258.37
A-7       493,551.53    874,802.80             0.00         0.00  81,325,476.39
A-8             0.00          0.00        41,983.52         0.00   6,992,292.89
A-9        97,485.90    239,614.97             0.00         0.00  15,996,518.61
A-10       19,876.24     19,876.24             0.00         0.00   2,511,158.00
A-11      236,621.95    236,621.95             0.00         0.00  40,000,000.00
A-12       90,607.87     90,607.87             0.00         0.00  15,000,000.00
A-13            0.00        189.40             0.00         0.00     169,119.08
A-14      249,454.39    249,454.39             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        71,324.66     80,336.64             0.00         0.00  11,798,679.48
M-2        39,624.81     44,631.47             0.00         0.00   6,554,822.05
M-3        31,699.85     35,705.18             0.00         0.00   5,243,857.44
B-1        19,019.91     21,423.11             0.00         0.00   3,146,314.26
B-2         7,924.96      8,926.29             0.00         0.00   1,310,964.60
B-3        12,645.10     14,242.81             0.00         0.00   2,091,780.36

- -------------------------------------------------------------------------------
        2,968,510.72  5,009,178.74       149,395.21         0.00 473,145,955.85
===============================================================================





































Run:        05/27/97     11:59:20
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    793.103124   6.984663     4.526441    11.511104   0.000000    786.118461
A-2    845.716867   5.208467     5.108574    10.317041   0.000000    840.508400
A-3   1000.000000   0.000000     5.832231     5.832231   0.000000   1000.000000
A-4    903.052223   6.780185     5.078708    11.858893   0.000000    896.272038
A-5    948.466875   3.604045     5.452653     9.056698   0.000000    944.862830
A-6   1020.795151   0.000000     5.526077     5.526077   1.454339   1022.249491
A-7    878.566964   4.099476     5.307006     9.406482   0.000000    874.467488
A-8   1094.536909   0.000000     0.000000     0.000000   6.611578   1101.148487
A-9    793.103124   6.984663     4.790759    11.775422   0.000000    786.118462
A-10  1000.000000   0.000000     7.915169     7.915169   0.000000   1000.000000
A-11  1000.000000   0.000000     5.915549     5.915549   0.000000   1000.000000
A-12  1000.000000   0.000000     6.040525     6.040525   0.000000   1000.000000
A-13   949.563699   1.062247     0.000000     1.062247   0.000000    948.501453
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    988.803274   0.754684     5.972891     6.727575   0.000000    988.048590
M-2    988.803276   0.754685     5.972891     6.727576   0.000000    988.048591
M-3    988.803276   0.754685     5.972892     6.727577   0.000000    988.048591
B-1    988.803274   0.754686     5.972892     6.727578   0.000000    988.048589
B-2    988.803268   0.754683     5.972889     6.727572   0.000000    988.048585
B-3    986.086775   0.752612     5.956481     6.709093   0.000000    985.334173

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:21                                        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                       97,445.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,088.13

SUBSERVICER ADVANCES THIS MONTH                                       64,325.57
MASTER SERVICER ADVANCES THIS MONTH                                    2,621.53


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,776,566.84

 (B)  TWO MONTHLY PAYMENTS:                                    3     568,714.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,001,129.61


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,326,190.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     473,145,955.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,740

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                 355,617.36

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,528,687.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.64677140 %     4.97304200 %    1.38018620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.62623790 %     4.98733185 %    1.38464690 %

      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                          8.17015879
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.02

POOL TRADING FACTOR:                                                89.15024532


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


Run:        05/27/97     11:59:22                                    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    45,498,092.75     6.750000  %    353,421.77
A-2   760947SA0    20,391,493.00    20,391,493.00     6.750000  %          0.00
A-3   760947SB8    29,250,000.00    25,442,683.58     6.750000  %    136,470.71
A-4   760947SC6       313,006.32       284,615.35     0.000000  %      1,748.25
A-5   7609473X7             0.00             0.00     0.559558  %          0.00
R     760947SD4           100.00             0.00     6.750000  %          0.00
M-1   760947SE2     1,364,000.00     1,294,947.69     6.750000  %      4,944.10
M-2   760947SF9       818,000.00       776,588.86     6.750000  %      2,965.01
M-3   760947SG7       546,000.00       518,358.84     6.750000  %      1,979.09
B-1                   491,000.00       466,143.18     6.750000  %      1,779.73
B-2                   273,000.00       259,179.40     6.750000  %        989.54
B-3                   327,627.84       311,041.88     6.750000  %      1,187.55

- -------------------------------------------------------------------------------
                  109,132,227.16    95,243,144.53                    505,485.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       255,551.22    608,972.99             0.00         0.00  45,144,670.98
A-2       114,533.84    114,533.84             0.00         0.00  20,391,493.00
A-3       142,905.09    279,375.80             0.00         0.00  25,306,212.87
A-4             0.00      1,748.25             0.00         0.00     282,867.10
A-5        44,346.52     44,346.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,273.39     12,217.49             0.00         0.00   1,290,003.59
M-2         4,361.90      7,326.91             0.00         0.00     773,623.85
M-3         2,911.49      4,890.58             0.00         0.00     516,379.75
B-1         2,618.21      4,397.94             0.00         0.00     464,363.45
B-2         1,455.74      2,445.28             0.00         0.00     258,189.86
B-3         1,747.04      2,934.59             0.00         0.00     309,854.33

- -------------------------------------------------------------------------------
          577,704.44  1,083,190.19             0.00         0.00  94,737,658.78
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    821.888304   6.384294     4.616338    11.000632   0.000000    815.504010
A-2   1000.000000   0.000000     5.616746     5.616746   0.000000   1000.000000
A-3    869.835336   4.665665     4.885644     9.551309   0.000000    865.169671
A-4    909.295857   5.585350     0.000000     5.585350   0.000000    903.710507
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    949.375139   3.624707     5.332397     8.957104   0.000000    945.750433
M-2    949.375134   3.624707     5.332396     8.957103   0.000000    945.750428
M-3    949.375165   3.624707     5.332399     8.957106   0.000000    945.750458
B-1    949.375112   3.624705     5.332403     8.957108   0.000000    945.750407
B-2    949.375092   3.624689     5.332381     8.957070   0.000000    945.750403
B-3    949.375609   3.624692     5.332392     8.957084   0.000000    945.750904

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:22                                        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                       19,645.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,043.89

SUBSERVICER ADVANCES THIS MONTH                                          947.99
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      95,236.95

 (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                                                      94,737,658.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          349

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      141,709.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.18121730 %     2.72739600 %    1.09138640 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.17550920 %     2.72331745 %    1.09301780 %

      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                          7.59031463
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              157.06

POOL TRADING FACTOR:                                                86.80997469


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


Run:        05/27/97     11:59:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    22,100,502.07     7.000000  %    190,340.86
A-2   760947SJ1    50,172,797.00    43,967,543.95     7.400000  %    317,234.75
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    33,157,032.06     7.250000  %     25,551.17
A-6   760947SN2    45,513,473.00    38,948,937.70     7.250000  %    335,602.55
A-7   760947SP7     8,560,000.00     8,560,000.00     7.125000  %          0.00
A-8   760947SQ5    77,000,000.00    67,701,614.81     7.250000  %    475,366.74
A-9   760947SR3    36,574,716.00    29,100,302.85     7.250000  %    382,118.76
A-10  7609473Y5             0.00             0.00     0.628284  %          0.00
R     760947SS1           100.00             0.00     7.250000  %          0.00
M-1   760947ST9     8,000,000.00     7,915,727.47     7.250000  %      6,099.95
M-2   760947SU6     5,333,000.00     5,276,821.82     7.250000  %      4,066.38
M-3   760947SV4     3,555,400.00     3,517,947.16     7.250000  %      2,710.97
B-1                 1,244,400.00     1,231,291.41     7.250000  %        948.85
B-2                   888,900.00       879,536.26     7.250000  %        677.78
B-3                 1,422,085.30     1,407,104.99     7.250000  %      1,084.33

- -------------------------------------------------------------------------------
                  355,544,080.30   321,709,888.55                  1,741,803.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       128,894.90    319,235.76             0.00         0.00  21,910,161.21
A-2       271,081.24    588,315.99             0.00         0.00  43,650,309.20
A-3       150,683.67    150,683.67             0.00         0.00  24,945,526.00
A-4       199,336.80    199,336.80             0.00         0.00  33,000,000.00
A-5       200,285.35    225,836.52             0.00         0.00  33,131,480.89
A-6       235,271.41    570,873.96             0.00         0.00  38,613,335.15
A-7        50,815.26     50,815.26             0.00         0.00   8,560,000.00
A-8       408,952.21    884,318.95             0.00         0.00  67,226,248.07
A-9       175,780.64    557,899.40             0.00         0.00  28,718,184.09
A-10      168,405.24    168,405.24             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        47,815.03     53,914.98             0.00         0.00   7,909,627.52
M-2        31,874.69     35,941.07             0.00         0.00   5,272,755.44
M-3        21,250.19     23,961.16             0.00         0.00   3,515,236.19
B-1         7,437.62      8,386.47             0.00         0.00   1,230,342.56
B-2         5,312.84      5,990.62             0.00         0.00     878,858.48
B-3         8,499.63      9,583.96             0.00         0.00   1,406,020.66

- -------------------------------------------------------------------------------
        2,111,696.72  3,853,499.81             0.00         0.00 319,968,085.46
===============================================================================















































Run:        05/27/97     11:59:19
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    855.823969   7.370795     4.991350    12.362145   0.000000    848.453174
A-2    876.322361   6.322844     5.402953    11.725797   0.000000    869.999518
A-3   1000.000000   0.000000     6.040509     6.040509   0.000000   1000.000000
A-4   1000.000000   0.000000     6.040509     6.040509   0.000000   1000.000000
A-5    989.465932   0.762493     5.976878     6.739371   0.000000    988.703438
A-6    855.767208   7.373697     5.169270    12.542967   0.000000    848.393511
A-7   1000.000000   0.000000     5.936362     5.936362   0.000000   1000.000000
A-8    879.241751   6.173594     5.311068    11.484662   0.000000    873.068157
A-9    795.639885  10.447621     4.806070    15.253691   0.000000    785.192265
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    989.465934   0.762494     5.976879     6.739373   0.000000    988.703440
M-2    989.465933   0.762494     5.976878     6.739372   0.000000    988.703439
M-3    989.465928   0.762494     5.976877     6.739371   0.000000    988.703434
B-1    989.465935   0.762496     5.976872     6.739368   0.000000    988.703439
B-2    989.465924   0.762493     5.976870     6.739363   0.000000    988.703431
B-3    989.465955   0.762493     5.976878     6.739371   0.000000    988.703462

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:20                                        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                       66,776.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,883.84

SUBSERVICER ADVANCES THIS MONTH                                       36,953.53
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,921,174.47

 (B)  TWO MONTHLY PAYMENTS:                                    1     225,310.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     347,243.06


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        626,760.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     319,968,085.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,114

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                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,493,889.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.71221410 %     5.19427500 %    1.09351090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.68285720 %     5.21852644 %    1.09861630 %

      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                          8.17132658
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.09

POOL TRADING FACTOR:                                                89.99392851


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


Run:        05/27/97     11:59:23                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    44,168,786.09     7.125000  %  1,056,165.92
A-2   760947TF8    59,147,000.00    49,504,494.62     7.250000  %  1,183,753.61
A-3   760947TG6    50,000,000.00    43,843,424.92     7.250000  %    755,806.48
A-4   760947TH4     2,000,000.00     1,758,662.17     6.812500  %     29,627.62
A-5   760947TJ0    18,900,000.00    16,619,358.28     7.000000  %    279,980.96
A-6   760947TK7    25,500,000.00    22,422,943.78     7.250000  %    377,752.08
A-7   760947TL5    30,750,000.00    27,039,432.15     7.500000  %    455,524.57
A-8   760947TM3    87,500,000.00    79,265,116.69     7.350000  %  1,010,948.14
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    60,647,111.38     7.250000  %     47,010.46
A-14  760947TT8       709,256.16       675,547.22     0.000000  %      9,399.97
A-15  7609473Z2             0.00             0.00     0.507439  %          0.00
R     760947TU5           100.00             0.00     7.250000  %          0.00
M-1   760947TV3    12,822,700.00    12,693,790.95     7.250000  %      9,839.56
M-2   760947TW1     7,123,700.00     7,052,084.10     7.250000  %      5,466.41
M-3   760947TX9     6,268,900.00     6,205,877.54     7.250000  %      4,810.47
B-1                 2,849,500.00     2,820,853.44     7.250000  %      2,186.58
B-2                 1,424,700.00     1,410,377.22     7.250000  %      1,093.25
B-3                 2,280,382.97     2,025,150.97     7.250000  %      1,569.78

- -------------------------------------------------------------------------------
                  569,896,239.13   526,738,011.52                  5,230,935.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       262,172.74  1,318,338.66             0.00         0.00  43,112,620.17
A-2       298,999.07  1,482,752.68             0.00         0.00  48,320,741.01
A-3       264,807.14  1,020,613.62             0.00         0.00  43,087,618.44
A-4         9,981.05     39,608.67             0.00         0.00   1,729,034.55
A-5        96,916.90    376,897.86             0.00         0.00  16,339,377.32
A-6       135,430.92    513,183.00             0.00         0.00  22,045,191.70
A-7       168,945.27    624,469.84             0.00         0.00  26,583,907.58
A-8       485,351.80  1,496,299.94             0.00         0.00  78,254,168.55
A-9       122,567.04    122,567.04             0.00         0.00  21,400,000.00
A-10      185,984.18    185,984.18             0.00         0.00  30,271,000.00
A-11      326,694.78    326,694.78             0.00         0.00  54,090,000.00
A-12      258,649.97    258,649.97             0.00         0.00  42,824,000.00
A-13      366,298.66    413,309.12             0.00         0.00  60,600,100.92
A-14            0.00      9,399.97             0.00         0.00     666,147.25
A-15      222,672.07    222,672.07             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        76,668.42     86,507.98             0.00         0.00  12,683,951.39
M-2        42,593.44     48,059.85             0.00         0.00   7,046,617.69
M-3        37,482.48     42,292.95             0.00         0.00   6,201,067.07
B-1        17,037.50     19,224.08             0.00         0.00   2,818,666.86
B-2         8,518.45      9,611.70             0.00         0.00   1,409,283.97
B-3        12,231.58     13,801.36             0.00         0.00   2,023,581.19

- -------------------------------------------------------------------------------
        3,400,003.46  8,630,939.32             0.00         0.00 521,507,075.66
===============================================================================





































Run:        05/27/97     11:59:23
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    836.973889  20.013756     4.968027    24.981783   0.000000    816.960134
A-2    836.973889  20.013756     5.055186    25.068942   0.000000    816.960133
A-3    876.868498  15.116130     5.296143    20.412273   0.000000    861.752369
A-4    879.331085  14.813810     4.990525    19.804335   0.000000    864.517275
A-5    879.331126  14.813807     5.127878    19.941685   0.000000    864.517319
A-6    879.331129  14.813807     5.311016    20.124823   0.000000    864.517322
A-7    879.331127  14.813807     5.494155    20.307962   0.000000    864.517320
A-8    905.887048  11.553693     5.546878    17.100571   0.000000    894.333355
A-9   1000.000000   0.000000     5.727432     5.727432   0.000000   1000.000000
A-10  1000.000000   0.000000     6.143972     6.143972   0.000000   1000.000000
A-11  1000.000000   0.000000     6.039837     6.039837   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039837     6.039837   0.000000   1000.000000
A-13   989.946809   0.767355     5.979117     6.746472   0.000000    989.179455
A-14   952.472827  13.253279     0.000000    13.253279   0.000000    939.219548
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    989.946809   0.767355     5.979117     6.746472   0.000000    989.179454
M-2    989.946811   0.767355     5.979118     6.746473   0.000000    989.179456
M-3    989.946807   0.767355     5.979116     6.746471   0.000000    989.179453
B-1    989.946812   0.767356     5.979119     6.746475   0.000000    989.179456
B-2    989.946810   0.767355     5.979118     6.746473   0.000000    989.179455
B-3    888.074940   0.688389     5.363827     6.052216   0.000000    887.386556

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:23                                        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                      111,031.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,722.27

SUBSERVICER ADVANCES THIS MONTH                                       63,085.06
MASTER SERVICER ADVANCES THIS MONTH                                    5,662.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,122,293.05

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,511,486.78

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     711,527.08


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,384,794.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     521,507,075.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,793

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                 772,055.18

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,822,554.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.87750760 %     4.93320700 %    1.18928490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.82092180 %     4.97244186 %    1.20027660 %

      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                          8.04557240
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.13

POOL TRADING FACTOR:                                                91.50912743


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


Run:        05/27/97     11:59:24                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    44,809,147.34     6.750000  %  1,568,724.86
A-2   760947SX0    21,274,070.00    21,274,070.00     6.750000  %          0.00
A-3   760947SY8    38,926,942.00    33,644,659.43     6.750000  %    798,678.03
A-4   760947SZ5       177,268.15       161,808.04     0.000000  %        718.25
A-5   7609474J7             0.00             0.00     0.519970  %          0.00
R     760947TA9           100.00             0.00     6.750000  %          0.00
M-1   760947TB7     1,493,000.00     1,424,253.60     6.750000  %      5,247.15
M-2   760947TC5       597,000.00       569,510.63     6.750000  %      2,098.16
M-3   760947TD3       597,000.00       569,510.63     6.750000  %      2,098.16
B-1                   597,000.00       569,510.63     6.750000  %      2,098.16
B-2                   299,000.00       285,232.32     6.750000  %      1,050.84
B-3                   298,952.57       285,187.09     6.750000  %      1,050.66

- -------------------------------------------------------------------------------
                  119,444,684.72   103,592,889.71                  2,381,764.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       251,068.78  1,819,793.64             0.00         0.00  43,240,422.48
A-2       119,200.10    119,200.10             0.00         0.00  21,274,070.00
A-3       188,513.38    987,191.41             0.00         0.00  32,845,981.40
A-4             0.00        718.25             0.00         0.00     161,089.79
A-5        44,712.69     44,712.69             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,980.20     13,227.35             0.00         0.00   1,419,006.45
M-2         3,191.01      5,289.17             0.00         0.00     567,412.47
M-3         3,191.01      5,289.17             0.00         0.00     567,412.47
B-1         3,191.01      5,289.17             0.00         0.00     567,412.47
B-2         1,598.17      2,649.01             0.00         0.00     284,181.48
B-3         1,597.93      2,648.59             0.00         0.00     284,136.43

- -------------------------------------------------------------------------------
          624,244.28  3,006,008.55             0.00         0.00 101,211,125.44
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    811.990097  28.426987     4.549637    32.976624   0.000000    783.563110
A-2   1000.000000   0.000000     5.603070     5.603070   0.000000   1000.000000
A-3    864.302658  20.517359     4.842748    25.360107   0.000000    843.785299
A-4    912.786871   4.051771     0.000000     4.051771   0.000000    908.735100
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    953.954186   3.514501     5.345077     8.859578   0.000000    950.439685
M-2    953.954154   3.514506     5.345075     8.859581   0.000000    950.439648
M-3    953.954154   3.514506     5.345075     8.859581   0.000000    950.439648
B-1    953.954154   3.514506     5.345075     8.859581   0.000000    950.439648
B-2    953.954247   3.514515     5.345050     8.859565   0.000000    950.439732
B-3    953.954301   3.514504     5.345095     8.859599   0.000000    950.439831

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:24                                        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                       22,561.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       719.04

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                                                     101,211,125.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          354

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,000,035.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.41964020 %     2.47824400 %    1.10211560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.34877740 %     2.52327141 %    1.12392870 %

      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                          7.57830893
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              158.38

POOL TRADING FACTOR:                                                84.73472526


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


Run:        05/27/97     11:59:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    60,316,856.05     6.625000  %    270,196.31
A-2   760947UL3    50,000,000.00    42,994,780.52     6.625000  %    246,355.46
A-3   760947UM1    12,000,000.00    12,000,000.00     6.625000  %          0.00
A-4   760947UN9    10,424,000.00     9,246,233.99     6.000000  %     94,342.96
A-5   760947UP4    40,000,000.00    36,464,093.37     6.625000  %    158,891.90
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    66,238,124.88     0.000000  %     96,612.65
A-10  760947UU3    27,446,000.00    27,158,900.58     7.000000  %     21,849.20
A-11  760947UV1    15,000,000.00    14,843,092.20     7.000000  %     11,941.19
A-12  760947UW9    72,100,000.00    64,144,210.05     6.625000  %    357,506.78
A-13  760947UX7    17,900,000.00    17,900,000.00     6.625000  %          0.00
A-14  7609474A6             0.00             0.00     0.637559  %          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     9,450,102.04     7.000000  %      7,602.56
M-2   760947VB4     5,306,000.00     5,250,496.48     7.000000  %      4,224.00
M-3   760947VC2     4,669,000.00     4,620,159.83     7.000000  %      3,716.90
B-1                 2,335,000.00     2,310,574.69     7.000000  %      1,858.85
B-2                   849,000.00       840,119.02     7.000000  %        675.87
B-3                 1,698,373.98     1,680,608.09     7.000000  %      1,352.02

- -------------------------------------------------------------------------------
                  424,466,573.98   391,647,458.56                  1,277,126.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       332,902.85    603,099.16             0.00         0.00  60,046,659.74
A-2       237,298.26    483,653.72             0.00         0.00  42,748,425.06
A-3        66,230.81     66,230.81             0.00         0.00  12,000,000.00
A-4        46,217.78    140,560.74             0.00         0.00   9,151,891.03
A-5       201,253.87    360,145.77             0.00         0.00  36,305,201.47
A-6        52,671.41     52,671.41             0.00         0.00   9,032,000.00
A-7        41,737.70     41,737.70             0.00         0.00   6,262,468.42
A-8             0.00          0.00             0.00         0.00     894,638.35
A-9       372,684.68    469,297.33        94,342.96         0.00  66,235,855.19
A-10      158,381.03    180,230.23             0.00         0.00  27,137,051.38
A-11       86,559.62     98,500.81             0.00         0.00  14,831,151.01
A-12      354,026.91    711,533.69             0.00         0.00  63,786,703.27
A-13       98,794.29     98,794.29             0.00         0.00  17,900,000.00
A-14      208,021.78    208,021.78             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        55,109.63     62,712.19             0.00         0.00   9,442,499.48
M-2        30,619.03     34,843.03             0.00         0.00   5,246,272.48
M-3        26,943.12     30,660.02             0.00         0.00   4,616,442.93
B-1        13,474.45     15,333.30             0.00         0.00   2,308,715.84
B-2         4,899.27      5,575.14             0.00         0.00     839,443.15
B-3         9,800.71     11,152.73             0.00         0.00   1,679,256.07

- -------------------------------------------------------------------------------
        2,397,627.20  3,674,753.85        94,342.96         0.00 390,464,674.87
===============================================================================





































Run:        05/27/97     11:59:25
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    887.012589   3.973475     4.895630     8.869105   0.000000    883.039114
A-2    859.895610   4.927109     4.745965     9.673074   0.000000    854.968501
A-3   1000.000000   0.000000     5.519234     5.519234   0.000000   1000.000000
A-4    887.014005   9.050553     4.433785    13.484338   0.000000    877.963453
A-5    911.602334   3.972298     5.031347     9.003645   0.000000    907.630037
A-6   1000.000000   0.000000     5.831644     5.831644   0.000000   1000.000000
A-7    672.155031   0.000000     4.479736     4.479736   0.000000    672.155031
A-8    672.155034   0.000000     0.000000     0.000000   0.000000    672.155034
A-9    981.174730   1.431108     5.520518     6.951626   1.397487    981.141110
A-10   989.539480   0.796080     5.770642     6.566722   0.000000    988.743401
A-11   989.539480   0.796079     5.770641     6.566720   0.000000    988.743401
A-12   889.656173   4.958485     4.910221     9.868706   0.000000    884.697688
A-13  1000.000000   0.000000     5.519234     5.519234   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    989.539481   0.796080     5.770642     6.566722   0.000000    988.743401
M-2    989.539480   0.796080     5.770643     6.566723   0.000000    988.743400
M-3    989.539480   0.796081     5.770640     6.566721   0.000000    988.743399
B-1    989.539482   0.796081     5.770642     6.566723   0.000000    988.743400
B-2    989.539482   0.796078     5.770636     6.566714   0.000000    988.743404
B-3    989.539471   0.796079     5.770643     6.566722   0.000000    988.743404

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:25                                        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                       87,286.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,837.56

SUBSERVICER ADVANCES THIS MONTH                                       71,365.61
MASTER SERVICER ADVANCES THIS MONTH                                      762.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   4,344,588.71

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,590,956.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,460,909.57


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,466,863.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     390,464,674.87

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,352

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                 100,586.66

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      867,705.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.83321410 %     4.93320200 %    1.23358440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.81951010 %     4.94416426 %    1.23632570 %

      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                          7.96016580
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.41

POOL TRADING FACTOR:                                                91.98949901


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


Run:        05/27/97     11:59:26                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,179,209.27     5.000000  %  1,479,576.29
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   120,680,010.02     6.375000  %    901,675.33
A-6   760947VW8   123,614,000.00   126,946,998.70     0.000000  %    136,094.71
A-7   760947VJ7    66,675,000.00    60,902,819.54     7.000000  %    474,994.07
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    19,795,290.96     7.000000  %     15,834.37
A-12  760947VP3    38,585,000.00    38,190,065.08     7.000000  %     30,548.45
A-13  760947VQ1       698,595.74       673,688.75     0.000000  %        729.68
A-14  7609474B4             0.00             0.00     0.599108  %          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    12,425,504.13     7.000000  %      9,939.23
M-2   760947VU2     6,974,500.00     6,903,112.85     7.000000  %      5,521.84
M-3   760947VV0     6,137,500.00     6,074,679.90     7.000000  %      4,859.17
B-1   760947VX6     3,069,000.00     3,037,587.41     7.000000  %      2,429.78
B-2   760947VY4     1,116,000.00     1,104,577.24     7.000000  %        883.56
B-3                 2,231,665.53     2,208,823.45     7.000000  %      1,766.86

- -------------------------------------------------------------------------------
                  557,958,461.27   526,220,367.30                  3,064,853.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        71,543.89  1,551,120.18             0.00         0.00  15,699,632.98
A-2       122,937.88    122,937.88             0.00         0.00  28,800,000.00
A-3       126,100.86    126,100.86             0.00         0.00  26,330,000.00
A-4       167,142.52    167,142.52             0.00         0.00  34,157,000.00
A-5       640,788.74  1,542,464.07             0.00         0.00 119,778,334.69
A-6       476,947.93    613,042.64       459,038.71         0.00 127,269,942.70
A-7       355,087.02    830,081.09             0.00         0.00  60,427,825.47
A-8        60,845.92     60,845.92             0.00         0.00  10,436,000.00
A-9        38,189.03     38,189.03             0.00         0.00   6,550,000.00
A-10       22,301.23     22,301.23             0.00         0.00   3,825,000.00
A-11      115,414.21    131,248.58             0.00         0.00  19,779,456.59
A-12      222,662.86    253,211.31             0.00         0.00  38,159,516.63
A-13            0.00        729.68             0.00         0.00     672,959.07
A-14      262,586.33    262,586.33             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        72,445.50     82,384.73             0.00         0.00  12,415,564.90
M-2        40,247.82     45,769.66             0.00         0.00   6,897,591.01
M-3        35,417.73     40,276.90             0.00         0.00   6,069,820.73
B-1        17,710.31     20,140.09             0.00         0.00   3,035,157.63
B-2         6,440.12      7,323.68             0.00         0.00   1,103,693.68
B-3        12,878.29     14,645.15             0.00         0.00   2,207,056.59

- -------------------------------------------------------------------------------
        2,867,688.19  5,932,541.53       459,038.71         0.00 523,614,552.67
===============================================================================





































Run:        05/27/97     11:59:26
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    579.791065  49.935076     2.414576    52.349652   0.000000    529.855990
A-2   1000.000000   0.000000     4.268676     4.268676   0.000000   1000.000000
A-3   1000.000000   0.000000     4.789246     4.789246   0.000000   1000.000000
A-4   1000.000000   0.000000     4.893361     4.893361   0.000000   1000.000000
A-5    883.617134   6.602053     4.691845    11.293898   0.000000    877.015081
A-6   1026.962955   1.100965     3.858365     4.959330   3.713485   1029.575475
A-7    913.428115   7.124021     5.325640    12.449661   0.000000    906.304094
A-8   1000.000000   0.000000     5.830387     5.830387   0.000000   1000.000000
A-9   1000.000000   0.000000     5.830386     5.830386   0.000000   1000.000000
A-10  1000.000000   0.000000     5.830387     5.830387   0.000000   1000.000000
A-11   989.764548   0.791719     5.770711     6.562430   0.000000    988.972830
A-12   989.764548   0.791718     5.770710     6.562428   0.000000    988.972830
A-13   964.347063   1.044495     0.000000     1.044495   0.000000    963.302568
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    989.764548   0.791718     5.770711     6.562429   0.000000    988.972829
M-2    989.764549   0.791718     5.770710     6.562428   0.000000    988.972831
M-3    989.764546   0.791718     5.770710     6.562428   0.000000    988.972828
B-1    989.764552   0.791717     5.770710     6.562427   0.000000    988.972835
B-2    989.764552   0.791720     5.770717     6.562437   0.000000    988.972832
B-3    989.764559   0.791718     5.770708     6.562426   0.000000    988.972837

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:27                                        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                      109,457.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,773.86

SUBSERVICER ADVANCES THIS MONTH                                       48,752.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,360,721.70

 (B)  TWO MONTHLY PAYMENTS:                                    1     181,684.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     423,102.78


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,629,245.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     523,614,552.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,779

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,184,786.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.95785640 %     4.83369000 %    1.20845370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.93261410 %     4.84764537 %    1.21350220 %

      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                          7.89668627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.13

POOL TRADING FACTOR:                                                93.84471946


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


Run:        05/27/97     11:59:27                                    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    54,178,577.94     6.750000  %    663,062.47
A-2   760947UB5    39,034,000.00    34,386,190.07     6.750000  %    536,284.56
A-3   760947UC3     6,047,000.00     6,047,000.00     6.750000  %          0.00
A-4   760947UD1     5,000,000.00     4,788,765.93     6.750000  %     17,162.63
A-5   760947UE9       229,143.79       217,923.18     0.000000  %        875.38
A-6   7609474C2             0.00             0.00     0.508209  %          0.00
R     760947UF6           100.00             0.00     6.750000  %          0.00
M-1   760947UG4     1,425,200.00     1,364,989.64     6.750000  %      4,892.04
M-2   760947UH2       570,100.00       546,015.01     6.750000  %      1,956.88
M-3   760947UJ8       570,100.00       546,015.01     6.750000  %      1,956.88
B-1                   570,100.00       546,015.01     6.750000  %      1,956.88
B-2                   285,000.00       272,959.61     6.750000  %        978.27
B-3                   285,969.55       273,888.16     6.750000  %        981.53

- -------------------------------------------------------------------------------
                  114,016,713.34   103,168,339.56                  1,230,107.52
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       303,683.13    966,745.60             0.00         0.00  53,515,515.47
A-2       192,742.34    729,026.90             0.00         0.00  33,849,905.51
A-3        33,894.80     33,894.80             0.00         0.00   6,047,000.00
A-4        26,842.11     44,004.74             0.00         0.00   4,771,603.30
A-5             0.00        875.38             0.00         0.00     217,047.80
A-6        43,538.98     43,538.98             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,651.08     12,543.12             0.00         0.00   1,360,097.60
M-2         3,060.53      5,017.41             0.00         0.00     544,058.13
M-3         3,060.53      5,017.41             0.00         0.00     544,058.13
B-1         3,060.53      5,017.41             0.00         0.00     544,058.13
B-2         1,530.00      2,508.27             0.00         0.00     271,981.34
B-3         1,535.20      2,516.73             0.00         0.00     272,906.55

- -------------------------------------------------------------------------------
          620,599.23  1,850,706.75             0.00         0.00 101,938,231.96
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    902.976299  11.051041     5.061386    16.112427   0.000000    891.925258
A-2    880.929192  13.738909     4.937807    18.676716   0.000000    867.190283
A-3   1000.000000   0.000000     5.605226     5.605226   0.000000   1000.000000
A-4    957.753186   3.432526     5.368422     8.800948   0.000000    954.320660
A-5    951.032450   3.820221     0.000000     3.820221   0.000000    947.212229
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.753045   3.432529     5.368425     8.800954   0.000000    954.320516
M-2    957.753043   3.432521     5.368409     8.800930   0.000000    954.320523
M-3    957.753043   3.432521     5.368409     8.800930   0.000000    954.320523
B-1    957.753043   3.432521     5.368409     8.800930   0.000000    954.320523
B-2    957.753018   3.432526     5.368421     8.800947   0.000000    954.320491
B-3    957.752880   3.432289     5.368404     8.800693   0.000000    954.320311

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:28                                        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                       21,943.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,988.10

SUBSERVICER ADVANCES THIS MONTH                                        8,979.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     692,075.43

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (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                                                     101,938,231.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      860,330.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.55185230 %     2.38660500 %    1.06154280 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.52269100 %     2.40166404 %    1.07052040 %

      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                          7.56222610
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              160.97

POOL TRADING FACTOR:                                                89.40639400


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


Run:        05/27/97     11:59:30                                    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   128,634,393.42     0.000000  %    155,588.24
A-2   760947WF4    20,813,863.00    19,355,378.54     7.250000  %    177,901.93
A-3   760947WG2     6,939,616.00     6,528,187.64     7.250000  %     58,042.91
A-4   760947WH0     3,076,344.00     2,739,867.25     6.100000  %     43,767.17
A-5   760947WJ6    74,488,122.00    74,488,122.00     6.300000  %          0.00
A-6   760947WK3    22,340,000.00    14,420,080.52     7.250000  %    426,683.70
A-7   760947WL1    30,014,887.00    29,742,377.89     7.250000  %     23,702.39
A-8   760947WM9    49,964,458.00    46,003,037.02     7.250000  %    558,863.75
A-9   760947WN7    16,853,351.00    16,853,351.00     7.250000  %          0.00
A-10  760947WP2    18,008,933.00    17,781,842.04     7.250000  %     19,751.99
A-11  760947WQ0     7,003,473.00     7,003,473.00     7.250000  %          0.00
A-12  760947WR8    95,117,613.00    88,315,573.83     7.250000  %    763,535.87
A-13  760947WS6    11,709,319.00    12,586,577.08     7.250000  %          0.00
A-14  760947WT4    67,096,213.00    59,757,529.28     6.730000  %    954,578.31
A-15  760947WU1     1,955,837.23     1,895,713.35     0.000000  %     14,336.76
A-16  7609474D0             0.00             0.00     0.366683  %          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    13,063,507.98     7.250000  %     10,410.61
M-2   760947WY3     7,909,900.00     7,838,084.97     7.250000  %      6,246.35
M-3   760947WZ0     5,859,200.00     5,806,003.54     7.250000  %      4,626.94
B-1                 3,222,600.00     3,193,341.58     7.250000  %      2,544.85
B-2                 1,171,800.00     1,161,161.07     7.250000  %        925.36
B-3                 2,343,649.31     2,322,371.00     7.250000  %      1,850.79

- -------------------------------------------------------------------------------
                  585,919,116.54   559,489,974.00                  3,223,357.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       553,663.63    709,251.87       310,736.47         0.00 128,789,541.65
A-2       116,904.06    294,805.99             0.00         0.00  19,177,476.61
A-3        39,429.43     97,472.34             0.00         0.00   6,470,144.73
A-4        13,923.53     57,690.70             0.00         0.00   2,696,100.08
A-5       390,946.67    390,946.67             0.00         0.00  74,488,122.00
A-6        87,095.48    513,779.18             0.00         0.00  13,993,396.82
A-7       179,640.24    203,342.63             0.00         0.00  29,718,675.50
A-8       277,852.60    836,716.35             0.00         0.00  45,444,173.27
A-9       101,792.13    101,792.13             0.00         0.00  16,853,351.00
A-10      107,400.10    127,152.09             0.00         0.00  17,762,090.05
A-11       42,300.10     42,300.10             0.00         0.00   7,003,473.00
A-12      533,415.02  1,296,950.89             0.00         0.00  87,552,037.96
A-13            0.00          0.00        76,021.35         0.00  12,662,598.43
A-14      335,040.75  1,289,619.06             0.00         0.00  58,802,950.97
A-15            0.00     14,336.76             0.00         0.00   1,881,376.59
A-16      170,912.25    170,912.25             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        78,901.95     89,312.56             0.00         0.00  13,053,097.37
M-2        47,341.06     53,587.41             0.00         0.00   7,831,838.62
M-3        35,067.54     39,694.48             0.00         0.00   5,801,376.60
B-1        19,287.39     21,832.24             0.00         0.00   3,190,796.73
B-2         7,013.27      7,938.63             0.00         0.00   1,160,235.71
B-3        14,026.83     15,877.62             0.00         0.00   2,320,520.21

- -------------------------------------------------------------------------------
        3,151,954.03  6,375,311.95       386,757.82         0.00 556,653,373.90
===============================================================================

































Run:        05/27/97     11:59:30
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   1014.094633   1.226586     4.364830     5.591416   2.449704   1015.317751
A-2    929.927258   8.547281     5.616644    14.163925   0.000000    921.379977
A-3    940.713094   8.363994     5.681788    14.045782   0.000000    932.349100
A-4    890.624472  14.227008     4.525999    18.753007   0.000000    876.397464
A-5   1000.000000   0.000000     5.248443     5.248443   0.000000   1000.000000
A-6    645.482566  19.099539     3.898634    22.998173   0.000000    626.383027
A-7    990.920868   0.789688     5.985038     6.774726   0.000000    990.131181
A-8    920.715222  11.185226     5.561005    16.746231   0.000000    909.529996
A-9   1000.000000   0.000000     6.039875     6.039875   0.000000   1000.000000
A-10   987.390094   1.096788     5.963713     7.060501   0.000000    986.293305
A-11  1000.000000   0.000000     6.039875     6.039875   0.000000   1000.000000
A-12   928.488122   8.027282     5.607952    13.635234   0.000000    920.460840
A-13  1074.919650   0.000000     0.000000     0.000000   6.492380   1081.412030
A-14   890.624472  14.227007     4.993438    19.220445   0.000000    876.397465
A-15   969.259262   7.330242     0.000000     7.330242   0.000000    961.929020
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    990.920867   0.789688     5.985038     6.774726   0.000000    990.131180
M-2    990.920868   0.789688     5.985039     6.774727   0.000000    990.131180
M-3    990.920866   0.789688     5.985039     6.774727   0.000000    990.131178
B-1    990.920865   0.789688     5.985040     6.774728   0.000000    990.131177
B-2    990.920865   0.789691     5.985040     6.774731   0.000000    990.131174
B-3    990.920864   0.789687     5.985038     6.774725   0.000000    990.131160

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:30                                        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                      116,430.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,012.54

SUBSERVICER ADVANCES THIS MONTH                                       63,304.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   4,341,183.11

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,670,944.76

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     574,792.64


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,365,964.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     556,653,373.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,938

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,390,527.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.01276650 %     4.78979000 %    1.19744300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.98710360 %     4.79406285 %    1.20257560 %

      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                          7.88483413
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.28

POOL TRADING FACTOR:                                                95.00515655


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


Run:        05/27/97     11:59:31                                    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   100,194,117.30     7.000000  %  1,765,359.64
A-2   760947WA5     1,458,253.68     1,389,933.43     0.000000  %     53,468.00
A-3   7609474F5             0.00             0.00     0.238312  %          0.00
R     760947WB3           100.00             0.00     7.000000  %          0.00
M-1   760947WC1     1,442,000.00     1,385,333.93     7.000000  %      4,943.61
M-2   760947WD9       865,000.00       831,008.22     7.000000  %      2,965.48
M-3   760947WE7       288,000.00       276,682.49     7.000000  %        987.35
B-1                   576,700.00       554,037.50     7.000000  %      1,977.10
B-2                   288,500.00       277,162.85     7.000000  %        989.06
B-3                   288,451.95       277,116.85     7.000000  %        988.90

- -------------------------------------------------------------------------------
                  115,330,005.63   105,185,392.57                  1,831,679.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       583,762.13  2,349,121.77             0.00         0.00  98,428,757.66
A-2             0.00     53,468.00             0.00         0.00   1,336,465.43
A-3        20,863.94     20,863.94             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,071.38     13,014.99             0.00         0.00   1,380,390.32
M-2         4,841.71      7,807.19             0.00         0.00     828,042.74
M-3         1,612.04      2,599.39             0.00         0.00     275,695.14
B-1         3,228.00      5,205.10             0.00         0.00     552,060.40
B-2         1,614.83      2,603.89             0.00         0.00     276,173.79
B-3         1,614.56      2,603.46             0.00         0.00     276,127.95

- -------------------------------------------------------------------------------
          625,608.59  2,457,287.73             0.00         0.00 103,353,713.43
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    909.838247  16.030799     5.301001    21.331800   0.000000    893.807449
A-2    953.149270  36.665774     0.000000    36.665774   0.000000    916.483496
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.703141   3.428301     5.597351     9.025652   0.000000    957.274841
M-2    960.703145   3.428301     5.597353     9.025654   0.000000    957.274844
M-3    960.703090   3.428299     5.597361     9.025660   0.000000    957.274792
B-1    960.703139   3.428299     5.597364     9.025663   0.000000    957.274840
B-2    960.703120   3.428284     5.597331     9.025615   0.000000    957.274835
B-3    960.703680   3.428301     5.597327     9.025628   0.000000    957.275380

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:31                                        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                       21,716.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,225.02

SUBSERVICER ADVANCES THIS MONTH                                        5,553.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     587,231.08

 (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                                                     103,353,713.43

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                    1,456,237.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.53034740 %     2.40186300 %    1.06778970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.48246700 %     2.40352099 %    1.08252490 %

      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                          7.44914111
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              161.78

POOL TRADING FACTOR:                                                89.61563200


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


Run:        05/27/97     11:59:32                                    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    58,033,980.72     6.150000  %  2,384,103.77
R                           0.00       911,833.71     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   91,183,371.00    58,945,814.43                  2,384,103.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         314,724.63  2,698,828.40             0.00         0.00  55,649,876.95
R          69,720.86     69,720.86             0.00         0.00     911,833.71

- -------------------------------------------------------------------------------
          384,445.49  2,768,549.26             0.00         0.00  56,561,710.66
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      636.453556  26.146256     3.451557    29.597813   0.000000    610.307300

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:32                                        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                       13,112.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       21,484.67
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,751,970.68

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     316,446.26


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        873,296.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      56,561,710.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          219

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,339,376.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          98.45309850 %     1.54690150 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.38789580 %     1.61210420 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.40803584
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              331.75

POOL TRADING FACTOR:                                                62.03072999


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


Run:        05/27/97     11:59:32                                    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   171,471,219.57     7.500000  %  1,146,409.93
A-2   760947XD8    75,497,074.00    66,684,589.82     7.500000  %    668,883.79
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     6,145,524.01     0.000000  %      6,128.75
A-9   7609474E8             0.00             0.00     0.213574  %          0.00
R     760947XL0           100.00             0.00     7.500000  %          0.00
M-1   760947XM8     9,380,900.00     9,305,847.37     7.500000  %      7,190.93
M-2   760947XN6     6,700,600.00     6,646,991.30     7.500000  %      5,136.35
M-3   760947XP1     5,896,500.00     5,849,324.60     7.500000  %      4,519.96
B-1                 2,948,300.00     2,924,711.89     7.500000  %      2,260.02
B-2                 1,072,100.00     1,063,522.57     7.500000  %        821.82
B-3                 2,144,237.43     2,127,082.29     7.500000  %      1,643.67

- -------------------------------------------------------------------------------
                  536,050,225.54   511,721,739.42                  1,842,995.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,071,427.85  2,217,837.78             0.00         0.00 170,324,809.64
A-2       416,674.75  1,085,558.54             0.00         0.00  66,015,706.03
A-3       208,460.04    208,460.04             0.00         0.00  33,361,926.00
A-4       433,241.93    433,241.93             0.00         0.00  69,336,000.00
A-5       526,774.84    526,774.84             0.00         0.00  84,305,000.00
A-6       236,841.58    236,841.58             0.00         0.00  37,904,105.00
A-7        91,201.59     91,201.59             0.00         0.00  14,595,895.00
A-8             0.00      6,128.75             0.00         0.00   6,139,395.26
A-9        91,052.84     91,052.84             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        58,147.05     65,337.98             0.00         0.00   9,298,656.44
M-2        41,533.34     46,669.69             0.00         0.00   6,641,854.95
M-3        36,549.16     41,069.12             0.00         0.00   5,844,804.64
B-1        18,274.89     20,534.91             0.00         0.00   2,922,451.87
B-2         6,645.36      7,467.18             0.00         0.00   1,062,700.75
B-3        13,290.94     14,934.61             0.00         0.00   2,125,438.62

- -------------------------------------------------------------------------------
        3,250,116.16  5,093,111.38             0.00         0.00 509,878,744.20
===============================================================================

















































Run:        05/27/97     11:59:32
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    919.046802   6.144497     5.742610    11.887107   0.000000    912.902305
A-2    883.273832   8.859731     5.519085    14.378816   0.000000    874.414100
A-3   1000.000000   0.000000     6.248441     6.248441   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248441     6.248441   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248441     6.248441   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248441     6.248441   0.000000   1000.000000
A-7   1000.000000   0.000000     6.248441     6.248441   0.000000   1000.000000
A-8    970.485834   0.967837     0.000000     0.967837   0.000000    969.517997
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.999421   0.766550     6.198451     6.965001   0.000000    991.232871
M-2    991.999418   0.766551     6.198451     6.965002   0.000000    991.232867
M-3    991.999423   0.766550     6.198450     6.965000   0.000000    991.232874
B-1    991.999420   0.766550     6.198450     6.965000   0.000000    991.232870
B-2    991.999412   0.766552     6.198452     6.965004   0.000000    991.232861
B-3    991.999421   0.766552     6.198446     6.964998   0.000000    991.232869

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:33                                        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                      107,149.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,030.78

SUBSERVICER ADVANCES THIS MONTH                                       78,591.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    27   8,787,574.05

 (B)  TWO MONTHLY PAYMENTS:                                    3     759,784.73

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     663,740.87


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        755,286.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     509,878,744.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,787

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,447,104.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.47808680 %     4.31234000 %    1.20957370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.46223380 %     4.27264644 %    1.21304620 %

      BANKRUPTCY AMOUNT AVAILABLE                         186,508.00
      FRAUD AMOUNT AVAILABLE                           10,721,005.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,665,909.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.91637498
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.86

POOL TRADING FACTOR:                                                95.11771844


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


Run:        05/27/97     11:59:34                                    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    68,161,143.10     7.000000  %    588,718.76
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    19,229,769.90     7.000000  %     73,655.65
A-6   760947XV8     2,531,159.46     2,402,956.36     0.000000  %     11,585.43
A-7   7609474G3             0.00             0.00     0.355931  %          0.00
R     760947XW6           100.00             0.00     7.000000  %          0.00
M-1   760947XX4     2,368,100.00     2,276,899.51     7.000000  %      8,721.19
M-2   760947XY2       789,000.00       758,613.96     7.000000  %      2,905.71
M-3   760947XZ9       394,500.00       379,306.97     7.000000  %      1,452.86
B-1                   789,000.00       758,613.96     7.000000  %      2,905.71
B-2                   394,500.00       379,306.97     7.000000  %      1,452.86
B-3                   394,216.33       379,034.24     7.000000  %      1,451.80

- -------------------------------------------------------------------------------
                  157,805,575.79   145,120,644.97                    692,849.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       397,232.75    985,951.51             0.00         0.00  67,572,424.34
A-2        80,424.30     80,424.30             0.00         0.00  13,800,000.00
A-3       106,941.01    106,941.01             0.00         0.00  18,350,000.00
A-4       106,329.08    106,329.08             0.00         0.00  18,245,000.00
A-5       112,068.17    185,723.82             0.00         0.00  19,156,114.25
A-6             0.00     11,585.43             0.00         0.00   2,391,370.93
A-7        43,003.61     43,003.61             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,269.42     21,990.61             0.00         0.00   2,268,178.32
M-2         4,421.09      7,326.80             0.00         0.00     755,708.25
M-3         2,210.54      3,663.40             0.00         0.00     377,854.11
B-1         4,421.09      7,326.80             0.00         0.00     755,708.25
B-2         2,210.54      3,663.40             0.00         0.00     377,854.11
B-3         2,208.95      3,660.75             0.00         0.00     377,582.44

- -------------------------------------------------------------------------------
          874,740.55  1,567,590.52             0.00         0.00 144,427,795.00
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    854.685180   7.382053     4.980975    12.363028   0.000000    847.303127
A-2   1000.000000   0.000000     5.827848     5.827848   0.000000   1000.000000
A-3   1000.000000   0.000000     5.827848     5.827848   0.000000   1000.000000
A-4   1000.000000   0.000000     5.827848     5.827848   0.000000   1000.000000
A-5    961.488495   3.682782     5.603409     9.286191   0.000000    957.805713
A-6    949.350050   4.577124     0.000000     4.577124   0.000000    944.772926
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.487906   3.682779     5.603404     9.286183   0.000000    957.805127
M-2    961.487909   3.682776     5.603409     9.286185   0.000000    957.805133
M-3    961.487883   3.682788     5.603397     9.286185   0.000000    957.805095
B-1    961.487909   3.682776     5.603409     9.286185   0.000000    957.805133
B-2    961.487883   3.682788     5.603397     9.286185   0.000000    957.805095
B-3    961.487922   3.682775     5.603395     9.286170   0.000000    957.805165

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:34                                        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                       30,282.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,401.48

SUBSERVICER ADVANCES THIS MONTH                                       21,532.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,858,345.58

 (B)  TWO MONTHLY PAYMENTS:                                    1     325,682.45

 (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                                                     144,427,795.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          612

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      135,667.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.54438380 %     2.39271000 %    1.06290620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.54110870 %     2.35532273 %    1.06391360 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,578,056.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     789,028.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.55341435
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              156.68

POOL TRADING FACTOR:                                                91.52261844


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


Run:        05/27/97     11:59:35                                    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    29,234,213.67     7.500000  %    307,937.40
A-2   760947YB1   105,040,087.00    98,298,669.67     7.500000  %    848,481.31
A-3   760947YC9     2,560,000.00     2,560,000.00     7.500000  %          0.00
A-4   760947YD7    33,579,740.00    33,270,387.48     7.500000  %     30,056.26
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     9,824,741.75     8.000000  %     84,803.89
A-12  760947YM7    59,143,468.00    55,347,671.44     7.000000  %    477,742.63
A-13  760947YN5    16,215,000.00    15,174,329.86     6.287500  %    130,979.75
A-14  760947YP0             0.00             0.00     2.712500  %          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     9,408,594.73     0.000000  %     38,484.83
A-19  760947H53             0.00             0.00     0.204060  %          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    10,923,333.37     7.500000  %      9,868.07
M-2   760947YX3     3,675,000.00     3,641,144.15     7.500000  %      3,289.39
M-3   760947YY1     1,837,500.00     1,820,572.09     7.500000  %      1,644.69
B-1                 2,756,200.00     2,730,808.57     7.500000  %      2,467.00
B-2                 1,286,200.00     1,274,350.89     7.500000  %      1,151.24
B-3                 1,470,031.75     1,456,489.06     7.500000  %      1,315.76

- -------------------------------------------------------------------------------
                  367,497,079.85   352,044,818.73                  1,938,222.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       182,548.07    490,485.47             0.00         0.00  28,926,276.27
A-2       613,809.28  1,462,290.59             0.00         0.00  97,450,188.36
A-3        16,000.00     16,000.00             0.00         0.00   2,560,000.00
A-4       207,751.26    237,807.52             0.00         0.00  33,240,331.22
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       169,739.22    169,739.22             0.00         0.00  27,457,512.00
A-8        81,188.77     81,188.77             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       65,438.85    150,242.74             0.00         0.00   9,739,937.86
A-12      322,568.49    800,311.12             0.00         0.00  54,869,928.81
A-13       79,435.03    210,414.78             0.00         0.00  15,043,350.11
A-14       34,269.19     34,269.19             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       15,173.72     15,173.72             0.00         0.00   2,430,000.00
A-18            0.00     38,484.83             0.00         0.00   9,370,109.90
A-19       59,810.82     59,810.82             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
M-1        68,208.89     78,076.96             0.00         0.00  10,913,465.30
M-2        22,736.50     26,025.89             0.00         0.00   3,637,854.76
M-3        11,368.26     13,012.95             0.00         0.00   1,818,927.40
B-1        17,052.06     19,519.06             0.00         0.00   2,728,341.57
B-2         7,957.46      9,108.70             0.00         0.00   1,273,199.65
B-3         9,094.80     10,410.56             0.00         0.00   1,455,173.30

- -------------------------------------------------------------------------------
        2,197,348.17  4,135,570.39             0.00         0.00 350,106,596.51
===============================================================================



























Run:        05/27/97     11:59:35
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    922.772070   9.719982     5.762093    15.482075   0.000000    913.052088
A-2    935.820528   8.077690     5.843572    13.921262   0.000000    927.742838
A-3   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-4    990.787525   0.895071     6.186804     7.081875   0.000000    989.892454
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     6.181886     6.181886   0.000000   1000.000000
A-8   1000.000000   0.000000     6.244329     6.244329   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   935.820527   8.077690     6.233143    14.310833   0.000000    927.742837
A-12   935.820528   8.077691     5.454000    13.531691   0.000000    927.742837
A-13   935.820528   8.077690     4.898861    12.976551   0.000000    927.742838
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     6.244329     6.244329   0.000000   1000.000000
A-18   974.999257   3.988128     0.000000     3.988128   0.000000    971.011129
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    990.787524   0.895071     6.186804     7.081875   0.000000    989.892453
M-2    990.787524   0.895072     6.186803     7.081875   0.000000    989.892452
M-3    990.787532   0.895069     6.186808     7.081877   0.000000    989.892463
B-1    990.787523   0.895073     6.186801     7.081874   0.000000    989.892450
B-2    990.787506   0.895071     6.186798     7.081869   0.000000    989.892435
B-3    990.787485   0.895069     6.186805     7.081874   0.000000    989.892429

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:35                                        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                       73,107.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,642.12

SUBSERVICER ADVANCES THIS MONTH                                       33,233.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,162,528.70

 (B)  TWO MONTHLY PAYMENTS:                                    1      35,712.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        354,320.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     350,106,596.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,378

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,619,246.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.62393800 %     4.78205400 %    1.59400790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.59418120 %     4.67578949 %    1.60144710 %

      BANKRUPTCY AMOUNT AVAILABLE                         111,281.00
      FRAUD AMOUNT AVAILABLE                            7,349,942.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,674,971.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.83117082
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.49

POOL TRADING FACTOR:                                                95.26785809


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


Run:        05/27/97     11:59:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S15 (POOL # 4213)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4213 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947ZT1    37,528,000.00    21,788,841.10     7.750000  %  2,277,123.10
A-2   760947ZU8   108,005,000.00    95,906,011.70     7.500000  %  1,750,467.48
A-3   760947ZV6    22,739,000.00    20,319,202.35     6.287500  %    350,093.50
A-4   760947ZW4             0.00             0.00     2.712500  %          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     1,820,723.00     7.750000  %     26,660.98
A-8   760947A27     4,558,000.00     4,194,038.94     7.750000  %     52,657.46
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     9,753,903.41     7.750000  %     56,656.83
A-18  760947B42    12,069,000.00    12,069,000.00     7.750000  %          0.00
A-19  760947B59     8,230,000.00     8,777,096.59     7.750000  %          0.00
A-20  760947B67    41,182,000.00    40,902,062.66     7.750000  %     29,445.35
A-21  760947B75    10,625,000.00    10,552,775.87     7.750000  %      7,596.93
A-22  760947B83     5,391,778.36     5,242,899.40     0.000000  %     18,156.14
A-23  7609474H1             0.00             0.00     0.330395  %          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    10,039,886.15     7.750000  %      7,227.70
M-2   760947C41     6,317,900.00     6,274,953.67     7.750000  %      4,517.33
M-3   760947C58     5,559,700.00     5,521,907.57     7.750000  %      3,975.22
B-1                 2,527,200.00     2,510,021.18     7.750000  %      1,806.96
B-2                 1,263,600.00     1,255,010.60     7.750000  %        903.48
B-3                 2,022,128.94     2,008,383.37     7.750000  %      1,445.82

- -------------------------------------------------------------------------------
                  505,431,107.30   473,934,717.56                  4,588,734.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       140,648.63  2,417,771.73             0.00         0.00  19,511,718.00
A-2       599,110.27  2,349,577.75             0.00         0.00  94,155,544.22
A-3       106,410.46    456,503.96             0.00         0.00  19,969,108.85
A-4        45,906.70     45,906.70             0.00         0.00           0.00
A-5       182,254.29    182,254.29             0.00         0.00  25,743,000.00
A-6       482,437.82    482,437.82             0.00         0.00  77,229,000.00
A-7        11,752.91     38,413.89             0.00         0.00   1,794,062.02
A-8        27,072.84     79,730.30             0.00         0.00   4,141,381.48
A-9        34,649.19     34,649.19             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       33,040.83     33,040.83             0.00         0.00   5,667,000.00
A-13       96,070.28     96,070.28             0.00         0.00  15,379,000.00
A-14       64,081.00     64,081.00             0.00         0.00   9,617,000.00
A-15       95,785.00     95,785.00             0.00         0.00  14,375,000.00
A-16      293,383.22    293,383.22             0.00         0.00  45,450,000.00
A-17       62,962.19    119,619.02             0.00         0.00   9,697,246.58
A-18       77,906.32     77,906.32             0.00         0.00  12,069,000.00
A-19            0.00          0.00        56,656.83         0.00   8,833,753.42
A-20      264,025.93    293,471.28             0.00         0.00  40,872,617.31
A-21       68,118.97     75,715.90             0.00         0.00  10,545,178.94
A-22            0.00     18,156.14             0.00         0.00   5,224,743.26
A-23      130,422.37    130,422.37             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        64,808.23     72,035.93             0.00         0.00  10,032,658.45
M-2        40,505.30     45,022.63             0.00         0.00   6,270,436.34
M-3        35,644.33     39,619.55             0.00         0.00   5,517,932.35
B-1        16,202.37     18,009.33             0.00         0.00   2,508,214.22
B-2         8,101.19      9,004.67             0.00         0.00   1,254,107.12
B-3        12,964.27     14,410.09             0.00         0.00   2,006,937.55

- -------------------------------------------------------------------------------
        3,099,259.91  7,687,994.19        56,656.83         0.00 469,402,640.11
===============================================================================



















Run:        05/27/97     11:59:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S15 (POOL # 4213)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4213 
_______________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    580.602246  60.677976     3.747832    64.425808   0.000000    519.924270
A-2    887.977517  16.207282     5.547061    21.754343   0.000000    871.770235
A-3    893.583814  15.396170     4.679646    20.075816   0.000000    878.187645
A-5   1000.000000   0.000000     7.079761     7.079761   0.000000   1000.000000
A-6   1000.000000   0.000000     6.246848     6.246848   0.000000   1000.000000
A-7    908.091272  13.297247     5.861800    19.159047   0.000000    894.794025
A-8    920.148956  11.552756     5.939631    17.492387   0.000000    908.596200
A-9   1000.000000   0.000000     6.663306     6.663306   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     5.830392     5.830392   0.000000   1000.000000
A-13  1000.000000   0.000000     6.246848     6.246848   0.000000   1000.000000
A-14  1000.000000   0.000000     6.663305     6.663305   0.000000   1000.000000
A-15  1000.000000   0.000000     6.663304     6.663304   0.000000   1000.000000
A-16  1000.000000   0.000000     6.455076     6.455076   0.000000   1000.000000
A-17   946.888983   5.500129     6.112241    11.612370   0.000000    941.388854
A-18  1000.000000   0.000000     6.455077     6.455077   0.000000   1000.000000
A-19  1066.475892   0.000000     0.000000     0.000000   6.884183   1073.360075
A-20   993.202435   0.715005     6.411197     7.126202   0.000000    992.487429
A-21   993.202435   0.715005     6.411197     7.126202   0.000000    992.487430
A-22   972.387782   3.367375     0.000000     3.367375   0.000000    969.020407
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    993.202437   0.715005     6.411197     7.126202   0.000000    992.487432
M-2    993.202436   0.715005     6.411197     7.126202   0.000000    992.487431
M-3    993.202434   0.715006     6.411197     7.126203   0.000000    992.487427
B-1    993.202430   0.715005     6.411194     7.126199   0.000000    992.487425
B-2    993.202437   0.715005     6.411198     7.126203   0.000000    992.487433
B-3    993.202427   0.715004     6.411198     7.126202   0.000000    992.487428

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:38                                        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                       98,051.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       51,303.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,139,060.64

 (B)  TWO MONTHLY PAYMENTS:                                    1     316,916.22

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     495,228.08


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        973,478.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     469,402,640.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,733

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    4,190,178.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.10910080 %     4.65908400 %    1.23181480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.05609650 %     4.64868010 %    1.24289820 %

      BANKRUPTCY AMOUNT AVAILABLE                         180,309.00
      FRAUD AMOUNT AVAILABLE                           10,108,622.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,547,191.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27775185
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.95

POOL TRADING FACTOR:                                                92.87173530


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


Run:        05/27/97     11:59:39                                    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    16,768,592.01     7.750000  %    383,723.13
A-2   760947E23    57,937,351.00    46,007,010.71     7.750000  %  1,615,767.48
A-3   760947E31    32,313,578.00    32,313,578.00     7.750000  %          0.00
A-4   760947E49    49,946,015.00    43,068,708.56     7.750000  %    931,417.53
A-5   760947E56    17,641,789.00    17,515,388.40     7.750000  %     11,715.45
A-6   760947E64    16,661,690.00    16,542,311.65     7.750000  %     11,064.59
A-7   760947E72    20,493,335.00    17,256,913.03     8.000000  %    438,319.88
A-8   760947E80    19,268,210.00    17,256,913.03     7.500000  %    438,319.88
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     3,821,272.63     7.750000  %    146,162.98
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     1,883,298.00     7.750000  %          0.00
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       921,637.60     7.750000  %    624,768.77
A-21  760947G96    19,601,988.00    19,601,988.00     7.750000  %          0.00
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     1,081,496.98     0.000000  %      5,224.39
A-25  7609475H0             0.00             0.00     0.559750  %          0.00
R     760947F97           100.00             0.00     7.750000  %          0.00
M-1   760947G21     7,283,700.00     7,231,513.47     7.750000  %      4,836.91
M-2   760947G39     4,552,300.00     4,519,683.51     7.750000  %      3,023.06
M-3   760947G47     4,006,000.00     3,977,297.66     7.750000  %      2,660.28
B-1                 1,820,900.00     1,807,853.53     7.750000  %      1,209.21
B-2                   910,500.00       903,976.43     7.750000  %        604.64
B-3                 1,456,687.10     1,446,250.69     7.750000  %        967.37

- -------------------------------------------------------------------------------
                  364,183,311.55   329,950,868.89                  4,619,785.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       108,283.91    492,007.04             0.00         0.00  16,384,868.88
A-2       297,092.27  1,912,859.75             0.00         0.00  44,391,243.23
A-3       208,666.33    208,666.33             0.00         0.00  32,313,578.00
A-4       278,118.06  1,209,535.59             0.00         0.00  42,137,291.03
A-5       113,106.38    124,821.83             0.00         0.00  17,503,672.95
A-6       106,822.69    117,887.28             0.00         0.00  16,531,247.06
A-7       115,032.02    553,351.90             0.00         0.00  16,818,593.15
A-8       107,842.52    546,162.40             0.00         0.00  16,818,593.15
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       24,676.03    170,839.01             0.00         0.00   3,675,109.65
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       12,161.48     12,161.48             0.00         0.00   1,883,298.00
A-15        8,395.83      8,395.83             0.00         0.00   1,300,000.00
A-16      121,959.89    121,959.89             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        5,951.51    630,720.28             0.00         0.00     296,868.83
A-21      126,580.68    126,580.68             0.00         0.00  19,601,988.00
A-22       95,038.50     95,038.50             0.00         0.00  14,717,439.00
A-23       54,021.59     54,021.59             0.00         0.00   8,365,657.00
A-24            0.00      5,224.39             0.00         0.00   1,076,272.59
A-25      153,889.35    153,889.35             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        46,697.81     51,534.72             0.00         0.00   7,226,676.56
M-2        29,186.05     32,209.11             0.00         0.00   4,516,660.45
M-3        25,683.57     28,343.85             0.00         0.00   3,974,637.38
B-1        11,674.29     12,883.50             0.00         0.00   1,806,644.32
B-2         5,837.47      6,442.11             0.00         0.00     903,371.79
B-3         9,339.23     10,306.60             0.00         0.00   1,445,283.32

- -------------------------------------------------------------------------------
        2,275,521.35  6,895,306.90             0.00         0.00 325,331,083.34
===============================================================================

















Run:        05/27/97     11:59:39
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    855.458005  19.575825     5.524157    25.099982   0.000000    835.882180
A-2    794.082054  27.888184     5.127819    33.016003   0.000000    766.193871
A-3   1000.000000   0.000000     6.457543     6.457543   0.000000   1000.000000
A-4    862.305202  18.648485     5.568373    24.216858   0.000000    843.656717
A-5    992.835160   0.664074     6.411276     7.075350   0.000000    992.171086
A-6    992.835160   0.664074     6.411276     7.075350   0.000000    992.171086
A-7    842.074412  21.388412     5.613143    27.001555   0.000000    820.686001
A-8    895.615785  22.748345     5.596914    28.345259   0.000000    872.867441
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   779.772625  29.826159     5.035415    34.861574   0.000000    749.946466
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  1000.000000   0.000000     6.457544     6.457544   0.000000   1000.000000
A-15  1000.000000   0.000000     6.458331     6.458331   0.000000   1000.000000
A-16  1000.000000   0.000000     6.457543     6.457543   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   166.518620 112.881282     1.075300   113.956582   0.000000     53.637338
A-21  1000.000000   0.000000     6.457543     6.457543   0.000000   1000.000000
A-22  1000.000000   0.000000     6.457543     6.457543   0.000000   1000.000000
A-23  1000.000000   0.000000     6.457543     6.457543   0.000000   1000.000000
A-24   966.973952   4.671163     0.000000     4.671163   0.000000    962.302789
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.835162   0.664073     6.411276     7.075349   0.000000    992.171089
M-2    992.835162   0.664073     6.411276     7.075349   0.000000    992.171089
M-3    992.835162   0.664074     6.411276     7.075350   0.000000    992.171088
B-1    992.835153   0.664073     6.411275     7.075348   0.000000    992.171080
B-2    992.835178   0.664075     6.411280     7.075355   0.000000    992.171104
B-3    992.835517   0.664075     6.411281     7.075356   0.000000    992.171428

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:40                                        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                       68,383.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       51,592.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,437,023.82

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,553,959.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        694,509.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     325,331,083.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,229

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    4,398,888.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.95304730 %     4.78259600 %    1.26435630 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.87109360 %     4.83137800 %    1.28149200 %

      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                          8.56863369
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.11

POOL TRADING FACTOR:                                                89.33168353


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


Run:        05/27/97     11:59:40                                    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    22,637,809.15     7.250000  %    407,430.56
A-2   760947C74    26,006,000.00    17,437,875.21     7.250000  %    258,297.49
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    16,758,725.04     7.250000  %     57,563.58
A-7   760947D40     1,820,614.04     1,660,826.63     0.000000  %     12,653.06
A-8   7609474Y4             0.00             0.00     0.388472  %          0.00
R     760947D57           100.00             0.00     7.250000  %          0.00
M-1   760947D65     1,515,800.00     1,472,629.73     7.250000  %      5,058.25
M-2   760947D73       606,400.00       589,129.61     7.250000  %      2,023.57
M-3   760947D81       606,400.00       589,129.61     7.250000  %      2,023.57
B-1                   606,400.00       589,129.61     7.250000  %      2,023.57
B-2                   303,200.00       294,564.80     7.250000  %      1,011.78
B-3                   303,243.02       294,606.60     7.250000  %      1,011.91

- -------------------------------------------------------------------------------
                  121,261,157.06   108,915,425.99                    749,097.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       136,653.09    544,083.65             0.00         0.00  22,230,378.59
A-2       105,263.70    363,561.19             0.00         0.00  17,179,577.72
A-3       138,821.34    138,821.34             0.00         0.00  22,997,000.00
A-4        43,559.37     43,559.37             0.00         0.00   7,216,000.00
A-5        98,865.76     98,865.76             0.00         0.00  16,378,000.00
A-6       101,164.01    158,727.59             0.00         0.00  16,701,161.46
A-7             0.00     12,653.06             0.00         0.00   1,648,173.57
A-8        35,228.65     35,228.65             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,889.53     13,947.78             0.00         0.00   1,467,571.48
M-2         3,556.27      5,579.84             0.00         0.00     587,106.04
M-3         3,556.27      5,579.84             0.00         0.00     587,106.04
B-1         3,556.27      5,579.84             0.00         0.00     587,106.04
B-2         1,778.14      2,789.92             0.00         0.00     293,553.02
B-3         1,778.39      2,790.30             0.00         0.00     293,594.69

- -------------------------------------------------------------------------------
          682,670.79  1,431,768.13             0.00         0.00 108,166,328.65
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    882.496848  15.882994     5.327190    21.210184   0.000000    866.613854
A-2    670.532770   9.932227     4.047670    13.979897   0.000000    660.600543
A-3   1000.000000   0.000000     6.036498     6.036498   0.000000   1000.000000
A-4   1000.000000   0.000000     6.036498     6.036498   0.000000   1000.000000
A-5   1000.000000   0.000000     6.036498     6.036498   0.000000   1000.000000
A-6    971.520292   3.337019     5.864580     9.201599   0.000000    968.183273
A-7    912.234331   6.949886     0.000000     6.949886   0.000000    905.284445
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.519811   3.337017     5.864580     9.201597   0.000000    968.182795
M-2    971.519805   3.337022     5.864561     9.201583   0.000000    968.182784
M-3    971.519805   3.337022     5.864561     9.201583   0.000000    968.182784
B-1    971.519805   3.337022     5.864561     9.201583   0.000000    968.182784
B-2    971.519789   3.337005     5.864578     9.201583   0.000000    968.182784
B-3    971.519806   3.336928     5.864570     9.201498   0.000000    968.182840

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:41                                        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                       22,595.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,945.46

SUBSERVICER ADVANCES THIS MONTH                                        6,140.55
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     110,024.02


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        627,716.82

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     108,166,328.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          412

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      374,312.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.42981280 %     2.47158500 %    1.09860180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.41747710 %     2.44233450 %    1.10239780 %

      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                          7.82497727
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.09

POOL TRADING FACTOR:                                                89.20113520


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


Run:        05/27/97     11:59:42                                    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    54,931,065.60     6.287500  %    446,636.11
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    19,914,071.91     8.000000  %     13,394.37
A-6   760947J36    48,165,041.00    40,606,461.71     7.250000  %    595,514.82
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     2,207,937.75     0.000000  %      2,011.71
A-14  7609474Z1             0.00             0.00     0.291977  %          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     4,261,791.39     8.000000  %      2,866.52
M-2   760947K67     2,677,200.00     2,663,569.87     8.000000  %      1,791.54
M-3   760947K75     2,463,100.00     2,450,559.90     8.000000  %      1,648.27
B-1                 1,070,900.00     1,065,447.85     8.000000  %        716.63
B-2                   428,400.00       426,218.93     8.000000  %        286.68
B-3                   856,615.33       852,254.15     8.000000  %        573.22

- -------------------------------------------------------------------------------
                  214,178,435.49   200,757,926.06                  1,065,439.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       287,783.90    734,420.01             0.00         0.00  54,484,429.49
A-2       124,153.30    124,153.30             0.00         0.00           0.00
A-3       218,016.51    218,016.51             0.00         0.00  33,761,149.00
A-4        33,212.56     33,212.56             0.00         0.00   4,982,438.00
A-5       132,745.72    146,140.09             0.00         0.00  19,900,677.54
A-6       245,303.43    840,818.25             0.00         0.00  40,010,946.89
A-7        61,957.29     61,957.29             0.00         0.00  10,255,000.00
A-8        43,042.09     43,042.09             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        6,188.85      6,188.85             0.00         0.00           0.00
A-12       26,713.04     26,713.04             0.00         0.00   4,421,960.00
A-13            0.00      2,011.71             0.00         0.00   2,205,926.04
A-14       48,841.74     48,841.74             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-1        28,408.78     31,275.30             0.00         0.00   4,258,924.87
M-2        17,755.16     19,546.70             0.00         0.00   2,661,778.33
M-3        16,335.25     17,983.52             0.00         0.00   2,448,911.63
B-1         7,102.20      7,818.83             0.00         0.00   1,064,731.22
B-2         2,841.14      3,127.82             0.00         0.00     425,932.25
B-3         5,681.06      6,254.28             0.00         0.00     851,680.93

- -------------------------------------------------------------------------------
        1,371,531.40  2,436,971.27             0.00         0.00 199,692,486.19
===============================================================================





































Run:        05/27/97     11:59:42
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    906.453228   7.370233     4.748909    12.119142   0.000000    899.082995
A-3   1000.000000   0.000000     6.457615     6.457615   0.000000   1000.000000
A-4   1000.000000   0.000000     6.665925     6.665925   0.000000   1000.000000
A-5    994.908813   0.669184     6.631988     7.301172   0.000000    994.239629
A-6    843.069182  12.364047     5.092977    17.457024   0.000000    830.705135
A-7   1000.000000   0.000000     6.041667     6.041667   0.000000   1000.000000
A-8   1000.000000   0.000000     6.040995     6.040995   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     6.040995     6.040995   0.000000   1000.000000
A-13   986.190527   0.898544     0.000000     0.898544   0.000000    985.291983
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    994.908813   0.669185     6.631987     7.301172   0.000000    994.239628
M-2    994.908811   0.669184     6.631989     7.301173   0.000000    994.239627
M-3    994.908814   0.669185     6.631988     7.301173   0.000000    994.239629
B-1    994.908815   0.669185     6.631992     7.301177   0.000000    994.239630
B-2    994.908800   0.669188     6.631979     7.301167   0.000000    994.239613
B-3    994.908823   0.669180     6.631985     7.301165   0.000000    994.239655

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:42                                        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                       41,896.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,472.12

SUBSERVICER ADVANCES THIS MONTH                                       27,039.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,829,735.29

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        745,700.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     199,692,486.19

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          768

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      930,163.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.09728390 %     4.72219700 %    1.18051930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.06949050 %     4.69202172 %    1.18607790 %

      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                          8.50915430
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              346.31

POOL TRADING FACTOR:                                                93.23650429


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


Run:        05/27/97     11:59:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    61,216,391.30     7.500000  %  1,186,269.19
A-2   760947K91    19,855,000.00    19,855,000.00     7.500000  %          0.00
A-3   760947L25    10,475,000.00    10,253,095.58     7.500000  %     32,981.97
A-4   760947L33     1,157,046.74     1,063,235.99     0.000000  %      4,161.95
A-5   7609475A5             0.00             0.00     0.336235  %          0.00
R     760947L41           100.00             0.00     7.500000  %          0.00
M-1   760947L58     1,310,400.00     1,282,639.11     7.500000  %      4,125.97
M-2   760947L66       786,200.00       769,544.32     7.500000  %      2,475.46
M-3   760947L74       524,200.00       513,094.80     7.500000  %      1,650.51
B-1                   314,500.00       307,837.31     7.500000  %        990.25
B-2                   209,800.00       205,355.37     7.500000  %        660.58
B-3                   262,361.78       256,803.64     7.500000  %        826.08

- -------------------------------------------------------------------------------
                  104,820,608.52    95,722,997.42                  1,234,141.96
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       382,420.32  1,568,689.51             0.00         0.00  60,030,122.11
A-2       124,034.68    124,034.68             0.00         0.00  19,855,000.00
A-3        64,051.35     97,033.32             0.00         0.00  10,220,113.61
A-4             0.00      4,161.95             0.00         0.00   1,059,074.04
A-5        26,808.40     26,808.40             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,012.67     12,138.64             0.00         0.00   1,278,513.14
M-2         4,807.36      7,282.82             0.00         0.00     767,068.86
M-3         3,205.31      4,855.82             0.00         0.00     511,444.29
B-1         1,923.06      2,913.31             0.00         0.00     306,847.06
B-2         1,282.86      1,943.44             0.00         0.00     204,694.79
B-3         1,604.26      2,430.34             0.00         0.00     255,977.56

- -------------------------------------------------------------------------------
          618,150.27  1,852,292.23             0.00         0.00  94,488,855.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    875.445347  16.964637     5.468929    22.433566   0.000000    858.480710
A-2   1000.000000   0.000000     6.247025     6.247025   0.000000   1000.000000
A-3    978.815807   3.148636     6.114687     9.263323   0.000000    975.667171
A-4    918.922247   3.597046     0.000000     3.597046   0.000000    915.325201
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    978.814950   3.148634     6.114675     9.263309   0.000000    975.666316
M-2    978.814958   3.148639     6.114678     9.263317   0.000000    975.666319
M-3    978.814956   3.148626     6.114670     9.263296   0.000000    975.666330
B-1    978.814976   3.148649     6.114658     9.263307   0.000000    975.666328
B-2    978.814919   3.148618     6.114681     9.263299   0.000000    975.666301
B-3    978.814978   3.148629     6.114686     9.263315   0.000000    975.666334

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:43                                        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                       19,845.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,333.78

SUBSERVICER ADVANCES THIS MONTH                                       12,266.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     365,847.15

 (B)  TWO MONTHLY PAYMENTS:                                    1     939,549.29

 (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                                                      94,488,855.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      925,833.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.47656560 %     2.70999900 %    0.81343570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.44166380 %     2.70616707 %    0.82149330 %

      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                          8.06192847
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              167.41

POOL TRADING FACTOR:                                                90.14339527


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


Run:        05/27/97     11:59:45                                    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    61,660,593.99     7.500000  %  1,453,397.19
A-4               105,985,000.00   105,362,613.01     0.000000  %    601,490.57
A-5   760947M32    26,381,000.00     8,785,924.43     7.087500  %  1,788,278.85
A-6   760947M40     4,255,000.00     1,417,084.59    11.857500  %    288,432.07
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    14,799,408.20     7.750000  %    812,145.48
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     1,290,196.43     0.000000  %      1,332.31
A-14  7609475B3             0.00             0.00     0.554372  %          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     8,993,026.80     7.750000  %      6,033.46
M-2   760947N72     5,645,600.00     5,620,554.63     7.750000  %      3,770.85
M-3   760947N80     5,194,000.00     5,170,958.05     7.750000  %      3,469.22
B-1                 2,258,300.00     2,248,281.59     7.750000  %      1,508.38
B-2                   903,300.00       899,292.73     7.750000  %        603.34
B-3                 1,807,395.50     1,799,377.43     7.750000  %      1,207.20

- -------------------------------------------------------------------------------
                  451,652,075.74   417,310,311.88                  4,961,668.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       310,020.63    310,020.63             0.00         0.00  52,409,000.00
A-2       432,204.44    432,204.44             0.00         0.00  70,579,000.00
A-3       385,296.75  1,838,693.94             0.00         0.00  60,207,196.80
A-4       403,584.13  1,005,074.70       341,484.76         0.00 105,102,607.20
A-5        51,880.83  1,840,159.68             0.00         0.00   6,997,645.58
A-6        13,999.59    302,431.66             0.00         0.00   1,128,652.52
A-7       129,281.26    129,281.26             0.00         0.00  20,022,000.00
A-8        77,573.92     77,573.92             0.00         0.00  12,014,000.00
A-9        95,559.18    907,704.66             0.00         0.00  13,987,262.72
A-10      190,906.47    190,906.47             0.00         0.00  29,566,000.00
A-11       64,040.13     64,040.13             0.00         0.00   9,918,000.00
A-12       30,702.85     30,702.85             0.00         0.00   4,755,000.00
A-13            0.00      1,332.31             0.00         0.00   1,288,864.12
A-14      192,746.59    192,746.59             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        58,067.61     64,101.07             0.00         0.00   8,986,993.34
M-2        36,291.70     40,062.55             0.00         0.00   5,616,783.78
M-3        33,388.67     36,857.89             0.00         0.00   5,167,488.83
B-1        14,517.06     16,025.44             0.00         0.00   2,246,773.21
B-2         5,806.69      6,410.03             0.00         0.00     898,689.39
B-3        11,618.51     12,825.71             0.00         0.00   1,798,170.23

- -------------------------------------------------------------------------------
        2,537,487.01  7,499,155.93       341,484.76         0.00 412,690,127.72
===============================================================================





































Run:        05/27/97     11:59:45
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     5.915408     5.915408   0.000000   1000.000000
A-2   1000.000000   0.000000     6.123697     6.123697   0.000000   1000.000000
A-3    896.581420  21.133253     5.602442    26.735695   0.000000    875.448167
A-4    994.127594   5.675242     3.807936     9.483178   3.222010    991.674362
A-5    333.039856  67.786621     1.966598    69.753219   0.000000    265.253235
A-6    333.039857  67.786621     3.290150    71.076771   0.000000    265.253236
A-7   1000.000000   0.000000     6.456960     6.456960   0.000000   1000.000000
A-8   1000.000000   0.000000     6.456960     6.456960   0.000000   1000.000000
A-9    710.314768  38.979865     4.586474    43.566339   0.000000    671.334904
A-10  1000.000000   0.000000     6.456960     6.456960   0.000000   1000.000000
A-11  1000.000000   0.000000     6.456960     6.456960   0.000000   1000.000000
A-12  1000.000000   0.000000     6.456961     6.456961   0.000000   1000.000000
A-13   978.770877   1.010719     0.000000     1.010719   0.000000    977.760158
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    995.563738   0.667928     6.428315     7.096243   0.000000    994.895810
M-2    995.563736   0.667927     6.428316     7.096243   0.000000    994.895809
M-3    995.563737   0.667928     6.428315     7.096243   0.000000    994.895809
B-1    995.563738   0.667927     6.428313     7.096240   0.000000    994.895811
B-2    995.563744   0.667929     6.428307     7.096236   0.000000    994.895815
B-3    995.563744   0.667928     6.428316     7.096244   0.000000    994.895821

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:45                                        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                       86,418.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       48,221.75
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   4,465,333.12

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,386,215.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        498,464.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     412,690,127.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,508

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    4,339,966.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.05521740 %     4.75566900 %    1.18911360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.99250780 %     4.79082600 %    1.20165720 %

      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                          8.57544785
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              346.36

POOL TRADING FACTOR:                                                91.37345977


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


Run:        05/27/97     11:59:46                                    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    54,239,667.58     7.500000  %    506,396.43
A-2   760947R29     5,000,000.00     4,097,629.74     7.500000  %     56,266.27
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    10,261,404.58     7.500000  %     32,563.84
A-8   760947R86       929,248.96       905,393.25     0.000000  %      3,184.50
A-9   7609475C1             0.00             0.00     0.343512  %          0.00
R     760947R94           100.00             0.00     7.500000  %          0.00
M-1   760947S28     1,570,700.00     1,542,351.73     7.500000  %      4,894.54
M-2   760947S36       784,900.00       770,733.99     7.500000  %      2,445.87
M-3   760947S44       418,500.00       410,946.84     7.500000  %      1,304.11
B-1                   313,800.00       308,136.48     7.500000  %        977.85
B-2                   261,500.00       256,780.39     7.500000  %        814.87
B-3                   314,089.78       308,420.99     7.500000  %        978.76

- -------------------------------------------------------------------------------
                  104,668,838.74    95,366,465.57                    609,827.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       338,827.66    845,224.09             0.00         0.00  53,733,271.15
A-2        25,597.33     81,863.60             0.00         0.00   4,041,363.47
A-3        36,531.64     36,531.64             0.00         0.00   5,848,000.00
A-4        43,728.03     43,728.03             0.00         0.00   7,000,000.00
A-5        31,234.31     31,234.31             0.00         0.00   5,000,000.00
A-6        27,592.39     27,592.39             0.00         0.00   4,417,000.00
A-7        64,101.57     96,665.41             0.00         0.00  10,228,840.74
A-8             0.00      3,184.50             0.00         0.00     902,208.75
A-9        27,285.90     27,285.90             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,634.86     14,529.40             0.00         0.00   1,537,457.19
M-2         4,814.67      7,260.54             0.00         0.00     768,288.12
M-3         2,567.13      3,871.24             0.00         0.00     409,642.73
B-1         1,924.88      2,902.73             0.00         0.00     307,158.63
B-2         1,604.07      2,418.94             0.00         0.00     255,965.52
B-3         1,926.66      2,905.42             0.00         0.00     307,442.23

- -------------------------------------------------------------------------------
          617,371.10  1,227,198.14             0.00         0.00  94,756,638.53
===============================================================================

















































Run:        05/27/97     11:59:46
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    869.769048   8.120403     5.433326    13.553729   0.000000    861.648645
A-2    819.525948  11.253254     5.119466    16.372720   0.000000    808.272694
A-3   1000.000000   0.000000     6.246860     6.246860   0.000000   1000.000000
A-4   1000.000000   0.000000     6.246861     6.246861   0.000000   1000.000000
A-5   1000.000000   0.000000     6.246862     6.246862   0.000000   1000.000000
A-6   1000.000000   0.000000     6.246862     6.246862   0.000000   1000.000000
A-7    981.952591   3.116157     6.134122     9.250279   0.000000    978.836435
A-8    974.327967   3.426961     0.000000     3.426961   0.000000    970.901006
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    981.951824   3.116152     6.134119     9.250271   0.000000    978.835672
M-2    981.951828   3.116155     6.134119     9.250274   0.000000    978.835673
M-3    981.951828   3.116153     6.134122     9.250275   0.000000    978.835675
B-1    981.951816   3.116157     6.134098     9.250255   0.000000    978.835660
B-2    981.951778   3.116138     6.134111     9.250249   0.000000    978.835641
B-3    981.951689   3.116115     6.134106     9.250221   0.000000    978.835496

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:47                                        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                       19,902.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,348.14

SUBSERVICER ADVANCES THIS MONTH                                       19,052.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,306,682.14

 (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                                                      94,756,638.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          332

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      306,924.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.19169000 %     2.88376200 %    0.92454790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.17923800 %     2.86564412 %    0.92757090 %

      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                          8.07137960
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              168.99

POOL TRADING FACTOR:                                                90.52994155


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


Run:        05/27/97     11:59:47                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    19,086,578.47     7.500000  %    373,902.27
A-2   760947P39    24,275,000.00    21,530,050.76     8.000000  %    421,769.40
A-3   760947P47    13,325,000.00    12,270,555.01     8.000000  %    162,018.53
A-4   760947P54     3,200,000.00     3,200,000.00     7.250000  %          0.00
A-5   760947P62    36,000,000.00    32,200,605.77     6.387500  %    583,787.93
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    21,354,143.37     7.500000  %    643,169.00
A-9   760947Q20    20,140,000.00    19,160,489.71     7.500000  %    150,504.59
A-10  760947Q38    16,200,000.00    16,140,295.17     8.000000  %     10,458.07
A-11  760947S51     5,000,000.00     4,981,572.58     8.000000  %      3,227.80
A-12  760947S69       575,632.40       566,343.69     0.000000  %        444.75
A-13  7609475D9             0.00             0.00     0.345078  %          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     4,219,790.13     8.000000  %      2,734.20
M-2   760947Q79     2,117,700.00     2,109,895.06     8.000000  %      1,367.10
M-3   760947Q87     2,435,400.00     2,426,424.15     8.000000  %      1,572.20
B-1                 1,058,900.00     1,054,997.36     8.000000  %        683.58
B-2                   423,500.00       421,939.15     8.000000  %        273.39
B-3                   847,661.00       844,536.91     8.000000  %        547.16

- -------------------------------------------------------------------------------
                  211,771,393.40   196,445,217.29                  2,356,459.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       119,264.91    493,167.18             0.00         0.00  18,712,676.20
A-2       143,502.14    565,271.54             0.00         0.00  21,108,281.36
A-3        81,785.73    243,804.26             0.00         0.00  12,108,536.48
A-4        19,333.33     19,333.33             0.00         0.00   3,200,000.00
A-5       171,363.49    755,151.42             0.00         0.00  31,616,817.84
A-6        70,088.00     70,088.00             0.00         0.00           0.00
A-7       232,462.25    232,462.25             0.00         0.00  34,877,000.00
A-8       133,434.08    776,603.08             0.00         0.00  20,710,974.37
A-9       119,726.75    270,231.34             0.00         0.00  19,009,985.12
A-10      107,578.33    118,036.40             0.00         0.00  16,129,837.10
A-11       33,203.18     36,430.98             0.00         0.00   4,978,344.78
A-12            0.00        444.75             0.00         0.00     565,898.94
A-13       56,478.37     56,478.37             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        28,125.75     30,859.95             0.00         0.00   4,217,055.93
M-2        14,062.88     15,429.98             0.00         0.00   2,108,527.96
M-3        16,172.61     17,744.81             0.00         0.00   2,424,851.95
B-1         7,031.77      7,715.35             0.00         0.00   1,054,313.78
B-2         2,812.31      3,085.70             0.00         0.00     421,665.76
B-3         5,629.01      6,176.17             0.00         0.00     843,989.69

- -------------------------------------------------------------------------------
        1,362,054.89  3,718,514.86             0.00         0.00 194,088,757.26
===============================================================================







































Run:        05/27/97     11:59:47
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    886.922791  17.374641     5.542050    22.916691   0.000000    869.548151
A-2    886.922791  17.374641     5.911520    23.286161   0.000000    869.548151
A-3    920.867168  12.158989     6.137766    18.296755   0.000000    908.708179
A-4   1000.000000   0.000000     6.041666     6.041666   0.000000   1000.000000
A-5    894.461271  16.216331     4.760097    20.976428   0.000000    878.244940
A-7   1000.000000   0.000000     6.665202     6.665202   0.000000   1000.000000
A-8    836.105848  25.182811     5.224514    30.407325   0.000000    810.923037
A-9    951.364931   7.472919     5.944724    13.417643   0.000000    943.892012
A-10   996.314517   0.645560     6.640638     7.286198   0.000000    995.668957
A-11   996.314516   0.645560     6.640636     7.286196   0.000000    995.668956
A-12   983.863469   0.772629     0.000000     0.772629   0.000000    983.090841
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    996.314428   0.645559     6.640636     7.286195   0.000000    995.668870
M-2    996.314426   0.645559     6.640638     7.286197   0.000000    995.668867
M-3    996.314425   0.645561     6.640638     7.286199   0.000000    995.668863
B-1    996.314440   0.645557     6.640637     7.286194   0.000000    995.668883
B-2    996.314404   0.645549     6.640638     7.286187   0.000000    995.668855
B-3    996.314458   0.645494     6.640638     7.286132   0.000000    995.668891

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:48                                        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                       40,835.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       392.85

SUBSERVICER ADVANCES THIS MONTH                                       38,964.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,393,062.27

 (B)  TWO MONTHLY PAYMENTS:                                    2     846,642.28

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     605,369.62


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,367,701.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,088,757.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          780

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,229,138.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.34467710 %     4.47016500 %    1.18515760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.27953620 %     4.50847126 %    1.19880890 %

      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                          8.61056891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.93

POOL TRADING FACTOR:                                                91.65012995


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


Run:        05/27/97     11:59:48                                    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    35,070,769.54     6.287500  %    424,836.95
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     2,437,789.38     7.750000  %      1,579.81
A-8   760947T68     7,100,000.00     6,331,664.47     7.400000  %    111,169.63
A-9   760947T76     8,846,378.00     8,846,378.00     7.400000  %          0.00
A-10  760947T84   108,794,552.00   100,389,685.26     7.150000  %  1,216,091.00
A-11  760947T92    16,999,148.00    15,685,887.62     6.237500  %    190,014.21
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       925,366.16     0.000000  %        852.26
A-15  7609475E7             0.00             0.00     0.457579  %          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     5,179,025.35     7.750000  %      3,356.26
M-2   760947U82     3,247,100.00     3,236,865.93     7.750000  %      2,097.65
M-3   760947U90     2,987,300.00     2,977,884.75     7.750000  %      1,929.81
B-1                 1,298,800.00     1,294,706.49     7.750000  %        839.03
B-2                   519,500.00       517,862.66     7.750000  %        335.60
B-3                 1,039,086.60     1,035,811.77     7.750000  %        671.26

- -------------------------------------------------------------------------------
                  259,767,021.76   246,286,588.38                  1,953,773.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       183,729.40    608,566.35             0.00         0.00  34,645,932.59
A-2        79,262.98     79,262.98             0.00         0.00           0.00
A-3        80,040.40     80,040.40             0.00         0.00  13,250,000.00
A-4        44,556.00     44,556.00             0.00         0.00   6,900,000.00
A-5       142,123.73    142,123.73             0.00         0.00  22,009,468.00
A-6       130,422.65    130,422.65             0.00         0.00  20,197,423.00
A-7        15,741.76     17,321.57             0.00         0.00   2,436,209.57
A-8        39,039.56    150,209.19             0.00         0.00   6,220,494.84
A-9        54,544.70     54,544.70             0.00         0.00   8,846,378.00
A-10      598,067.91  1,814,158.91             0.00         0.00  99,173,594.26
A-11       81,522.04    271,536.25             0.00         0.00  15,495,873.41
A-12       36,104.95     36,104.95             0.00         0.00           0.00
A-13        7,270.02      7,270.02             0.00         0.00           0.00
A-14            0.00        852.26             0.00         0.00     924,513.90
A-15       93,899.27     93,899.27             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        33,442.99     36,799.25             0.00         0.00   5,175,669.09
M-2        20,901.71     22,999.36             0.00         0.00   3,234,768.28
M-3        19,229.36     21,159.17             0.00         0.00   2,975,954.94
B-1         8,360.43      9,199.46             0.00         0.00   1,293,867.46
B-2         3,344.04      3,679.64             0.00         0.00     517,527.06
B-3         6,688.64      7,359.90             0.00         0.00   1,035,140.46

- -------------------------------------------------------------------------------
        1,678,292.54  3,632,066.01             0.00         0.00 244,332,814.86
===============================================================================



































Run:        05/27/97     11:59:48
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    922.745518  11.177867     4.834096    16.011963   0.000000    911.567652
A-3   1000.000000   0.000000     6.040785     6.040785   0.000000   1000.000000
A-4   1000.000000   0.000000     6.457391     6.457391   0.000000   1000.000000
A-5   1000.000000   0.000000     6.457391     6.457391   0.000000   1000.000000
A-6   1000.000000   0.000000     6.457391     6.457391   0.000000   1000.000000
A-7    996.848240   0.646008     6.437039     7.083047   0.000000    996.202232
A-8    891.783728  15.657694     5.498530    21.156224   0.000000    876.126034
A-9   1000.000000   0.000000     6.165766     6.165766   0.000000   1000.000000
A-10   922.745518  11.177867     5.497223    16.675090   0.000000    911.567652
A-11   922.745518  11.177867     4.795654    15.973521   0.000000    911.567651
A-14   994.813964   0.916221     0.000000     0.916221   0.000000    993.897742
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    996.848241   0.646006     6.437039     7.083045   0.000000    996.202235
M-2    996.848243   0.646007     6.437039     7.083046   0.000000    996.202236
M-3    996.848241   0.646005     6.437037     7.083042   0.000000    996.202236
B-1    996.848237   0.646004     6.437042     7.083046   0.000000    996.202233
B-2    996.848239   0.646006     6.437036     7.083042   0.000000    996.202233
B-3    996.848357   0.646010     6.437038     7.083048   0.000000    996.202298

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:49                                        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                       51,114.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,892.58

SUBSERVICER ADVANCES THIS MONTH                                       41,017.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   4,096,237.39

 (B)  TWO MONTHLY PAYMENTS:                                    1      93,586.97

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     478,449.96


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        703,668.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     244,332,814.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          911

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,794,036.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.19543280 %     4.64367400 %    1.16089290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.15265330 %     4.66019774 %    1.16944860 %

      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                          8.47070316
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.36

POOL TRADING FACTOR:                                                94.05844252


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


Run:        05/27/97     11:59:52                                    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    32,759,237.69     7.250000  %    385,671.06
A-2   760947V32    30,033,957.00    28,708,001.24     7.250000  %    225,687.64
A-3   760947V40    25,641,602.00    25,641,602.00     7.250000  %          0.00
A-4   760947V57    13,627,408.00    13,463,035.68     7.250000  %     42,205.46
A-5   760947V65     8,189,491.00     7,065,616.63     7.250000  %    191,291.87
A-6   760947V73    17,267,161.00    17,267,161.00     7.250000  %          0.00
A-7   760947V81       348,675.05       342,928.27     0.000000  %      1,455.99
A-8   7609475F4             0.00             0.00     0.534095  %          0.00
R     760947V99           100.00             0.00     7.250000  %          0.00
M-1   760947W23     2,022,800.00     1,998,401.19     7.250000  %      6,264.82
M-2   760947W31     1,146,300.00     1,132,473.45     7.250000  %      3,550.21
M-3   760947W49       539,400.00       532,893.81     7.250000  %      1,670.58
B-1                   337,100.00       333,033.93     7.250000  %      1,044.03
B-2                   269,700.00       266,446.91     7.250000  %        835.29
B-3                   404,569.62       399,689.78     7.250000  %      1,252.99

- -------------------------------------------------------------------------------
                  134,853,388.67   129,910,521.58                    860,929.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       197,823.45    583,494.51             0.00         0.00  32,373,566.63
A-2       173,359.22    399,046.86             0.00         0.00  28,482,313.60
A-3       154,842.13    154,842.13             0.00         0.00  25,641,602.00
A-4        81,299.33    123,504.79             0.00         0.00  13,420,830.22
A-5        42,667.19    233,959.06             0.00         0.00   6,874,324.76
A-6       104,271.34    104,271.34             0.00         0.00  17,267,161.00
A-7             0.00      1,455.99             0.00         0.00     341,472.28
A-8        57,792.15     57,792.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        12,067.76     18,332.58             0.00         0.00   1,992,136.37
M-2         6,838.68     10,388.89             0.00         0.00   1,128,923.24
M-3         3,217.99      4,888.57             0.00         0.00     531,223.23
B-1         2,011.09      3,055.12             0.00         0.00     331,989.90
B-2         1,608.99      2,444.28             0.00         0.00     265,611.62
B-3         2,413.61      3,666.60             0.00         0.00     398,436.79

- -------------------------------------------------------------------------------
          840,212.93  1,701,142.87             0.00         0.00 129,049,591.64
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    935.306803  11.011269     5.648044    16.659313   0.000000    924.295534
A-2    955.851446   7.514416     5.772107    13.286523   0.000000    948.337031
A-3   1000.000000   0.000000     6.038707     6.038707   0.000000   1000.000000
A-4    987.938108   3.097101     5.965869     9.062970   0.000000    984.841007
A-5    862.766273  23.358212     5.209993    28.568205   0.000000    839.408061
A-6   1000.000000   0.000000     6.038708     6.038708   0.000000   1000.000000
A-7    983.518236   4.175779     0.000000     4.175779   0.000000    979.342457
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.938101   3.097103     5.965869     9.062972   0.000000    984.840998
M-2    987.938105   3.097104     5.965873     9.062977   0.000000    984.841002
M-3    987.938098   3.097108     5.965869     9.062977   0.000000    984.840990
B-1    987.938090   3.097093     5.965856     9.062949   0.000000    984.840997
B-2    987.938116   3.097108     5.965851     9.062959   0.000000    984.841009
B-3    987.938195   3.097094     5.965871     9.062965   0.000000    984.841101

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:52                                        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                       27,231.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,652.54

SUBSERVICER ADVANCES THIS MONTH                                       21,287.08
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,253,683.70

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     129,049,591.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          488

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      453,314.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.40115330 %     2.82768900 %    0.77115780 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.38847870 %     2.83013901 %    0.77387370 %

      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                          8.07129987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              170.63

POOL TRADING FACTOR:                                                95.69621714


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


Run:        05/27/97     11:59:53                                    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    25,022,737.37     7.250000  %    197,736.45
A-2   760947W64    38,194,000.00    34,864,355.96     6.287500  %    475,997.00
A-3   760947W72             0.00             0.00     2.712500  %          0.00
A-4   760947W80    41,309,000.00    34,760,993.20     6.750000  %    935,655.17
A-5   760947W98    25,013,000.00    22,832,437.97     7.250000  %    311,727.31
A-6   760947X22     7,805,000.00     7,805,000.00     6.750000  %          0.00
A-7   760947X30    39,464,000.00    40,468,721.36     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       702,830.11     0.000000  %      1,222.73
A-11  7609475G2             0.00             0.00     0.396447  %          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     4,240,481.45     7.750000  %      2,758.08
M-2   760947Y21     3,188,300.00     3,180,410.96     7.750000  %      2,068.59
M-3   760947Y39     2,125,500.00     2,120,240.73     7.750000  %      1,379.04
B-1                   850,200.00       848,096.29     7.750000  %        551.62
B-2                   425,000.00       423,948.39     7.750000  %        275.74
B-3                   850,222.04       848,118.27     7.750000  %        551.62

- -------------------------------------------------------------------------------
                  212,551,576.99   200,808,372.06                  1,929,923.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       151,119.46    348,855.91             0.00         0.00  24,825,000.92
A-2       182,602.71    658,599.71             0.00         0.00  34,388,358.96
A-3        78,776.91     78,776.91             0.00         0.00           0.00
A-4       195,453.53  1,131,108.70             0.00         0.00  33,825,338.03
A-5       137,891.62    449,618.93             0.00         0.00  22,520,710.66
A-6        43,885.83     43,885.83             0.00         0.00   7,805,000.00
A-7        26,108.30     26,108.30       255,126.44         0.00  40,723,847.80
A-8        77,469.46     77,469.46             0.00         0.00  12,000,000.00
A-9        68,121.89     68,121.89             0.00         0.00  10,690,000.00
A-10            0.00      1,222.73             0.00         0.00     701,607.38
A-11       66,315.36     66,315.36             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        27,375.65     30,133.73             0.00         0.00   4,237,723.37
M-2        20,532.06     22,600.65             0.00         0.00   3,178,342.37
M-3        13,687.82     15,066.86             0.00         0.00   2,118,861.69
B-1         5,475.13      6,026.75             0.00         0.00     847,544.67
B-2         2,736.92      3,012.66             0.00         0.00     423,672.65
B-3         5,475.27      6,026.89             0.00         0.00     847,566.65

- -------------------------------------------------------------------------------
        1,103,027.92  3,032,951.27       255,126.44         0.00 199,133,575.15
===============================================================================











































Run:        05/27/97     11:59:53
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    976.573288   7.717147     5.897805    13.614952   0.000000    968.856142
A-2    912.822851  12.462612     4.780927    17.243539   0.000000    900.360239
A-4    841.487163  22.650153     4.731500    27.381653   0.000000    818.837010
A-5    912.822851  12.462612     5.512798    17.975410   0.000000    900.360239
A-6   1000.000000   0.000000     5.622784     5.622784   0.000000   1000.000000
A-7   1025.459187   0.000000     0.661573     0.661573   6.464789   1031.923976
A-8   1000.000000   0.000000     6.455788     6.455788   0.000000   1000.000000
A-9   1000.000000   0.000000     6.372487     6.372487   0.000000   1000.000000
A-10   920.953353   1.602204     0.000000     1.602204   0.000000    919.351149
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    997.525629   0.648807     6.439814     7.088621   0.000000    996.876822
M-2    997.525628   0.648807     6.439814     7.088621   0.000000    996.876822
M-3    997.525632   0.648807     6.439812     7.088619   0.000000    996.876824
B-1    997.525629   0.648812     6.439814     7.088626   0.000000    996.876817
B-2    997.525624   0.648800     6.439812     7.088612   0.000000    996.876824
B-3    997.525623   0.648807     6.439812     7.088619   0.000000    996.876825

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:53                                        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                       43,653.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,809.99

SUBSERVICER ADVANCES THIS MONTH                                       24,381.24
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,338,747.36

 (B)  TWO MONTHLY PAYMENTS:                                    1     161,313.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     279,762.74


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        446,333.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     199,133,575.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          810

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    1,544,097.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.17242720 %     4.76805000 %    1.05952240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.12709980 %     4.78820682 %    1.06776340 %

      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                          8.42436301
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.57

POOL TRADING FACTOR:                                                93.68717841


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


Run:        05/27/97     11:59:54                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-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    93,098,001.09     7.000000  %    577,055.91
A-2   760947Y54    15,536,000.00    15,536,000.00     7.000000  %          0.00
A-3   760947Y62    13,007,000.00    12,889,474.92     7.000000  %     40,015.70
A-4   760947Y70       163,098.92       161,350.36     0.000000  %        557.71
A-5   760947Y88             0.00             0.00     0.589209  %          0.00
R     760947Y96           100.00             0.00     7.000000  %          0.00
M-1   760947Z20     2,280,000.00     2,259,398.65     7.000000  %      7,014.36
M-2   760947Z38     1,107,000.00     1,096,997.50     7.000000  %      3,405.66
M-3   760947Z46       521,000.00       516,292.42     7.000000  %      1,602.84
B-1                   325,500.00       322,558.88     7.000000  %      1,001.39
B-2                   260,400.00       258,047.12     7.000000  %        801.11
B-3                   390,721.16       387,190.69     7.000000  %      1,202.05

- -------------------------------------------------------------------------------
                  130,238,820.08   126,525,311.63                    632,656.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       542,951.87  1,120,007.78             0.00         0.00  92,520,945.18
A-2        90,606.68     90,606.68             0.00         0.00  15,536,000.00
A-3        75,172.01    115,187.71             0.00         0.00  12,849,459.22
A-4             0.00        557.71             0.00         0.00     160,792.65
A-5        62,111.15     62,111.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,176.92     20,191.28             0.00         0.00   2,252,384.29
M-2         6,397.74      9,803.40             0.00         0.00   1,093,591.84
M-3         3,011.05      4,613.89             0.00         0.00     514,689.58
B-1         1,881.17      2,882.56             0.00         0.00     321,557.49
B-2         1,504.94      2,306.05             0.00         0.00     257,246.01
B-3         2,258.11      3,460.16             0.00         0.00     385,988.64

- -------------------------------------------------------------------------------
          799,071.64  1,431,728.37             0.00         0.00 125,892,654.90
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    963.268780   5.970697     5.617828    11.588525   0.000000    957.298084
A-2   1000.000000   0.000000     5.832047     5.832047   0.000000   1000.000000
A-3    990.964475   3.076474     5.779350     8.855824   0.000000    987.888000
A-4    989.279144   3.419459     0.000000     3.419459   0.000000    985.859686
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.964320   3.076474     5.779351     8.855825   0.000000    987.887847
M-2    990.964318   3.076477     5.779350     8.855827   0.000000    987.887841
M-3    990.964338   3.076468     5.779367     8.855835   0.000000    987.887870
B-1    990.964301   3.076467     5.779324     8.855791   0.000000    987.887834
B-2    990.964363   3.076459     5.779339     8.855798   0.000000    987.887903
B-3    990.964221   3.076465     5.779339     8.855804   0.000000    987.887730

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:54                                        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                       27,661.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,066.60

SUBSERVICER ADVANCES THIS MONTH                                       21,828.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,306,111.79

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     125,892,654.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          468

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      239,823.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.16941000 %     3.06471000 %    0.76588030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.16210420 %     3.06663301 %    0.76734100 %

      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                          7.90232519
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              172.81

POOL TRADING FACTOR:                                                96.66292648


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


Run:        05/27/97     11:59:55                                    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    41,011,658.10     7.500000  %     27,399.61
A-6   7609472A8     9,750,000.00     9,750,000.00     7.500000  %          0.00
A-7   7609472B6    25,963,473.00    25,187,054.02     6.287500  %    196,488.19
A-8   7609472C4             0.00             0.00     2.712500  %          0.00
A-9   7609472D2   156,744,610.00   150,810,503.46     7.350000  %  1,501,743.15
A-10  7609472E0    36,000,000.00    34,345,306.23     7.150000  %    426,828.01
A-11  7609472F7     6,260,870.00     5,973,097.14     6.237500  %     74,230.96
A-12  7609472G5             0.00             0.00     2.262500  %          0.00
A-13  7609472H3     6,079,451.00     6,191,828.44     7.350000  %          0.00
A-14  7609472J9       486,810.08       485,550.32     0.000000  %        538.95
A-15  7609472K6             0.00             0.00     0.463595  %          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     8,460,085.43     7.500000  %      5,652.12
M-2   7609472M2     5,297,900.00     5,287,515.96     7.500000  %      3,532.55
M-3   7609472N0     4,238,400.00     4,230,092.61     7.500000  %      2,826.10
B-1   7609472R1     1,695,400.00     1,692,076.97     7.500000  %      1,130.46
B-2                   847,700.00       846,038.48     7.500000  %        565.23
B-3                 1,695,338.32     1,692,015.41     7.500000  %      1,130.43

- -------------------------------------------------------------------------------
                  423,830,448.40   415,164,218.57                  2,242,065.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       334,063.40    334,063.40             0.00         0.00  54,550,000.00
A-2        42,617.94     42,617.94             0.00         0.00   6,820,000.00
A-3       212,192.32    212,192.32             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       256,280.40    283,680.01             0.00         0.00  40,984,258.49
A-6        60,927.41     60,927.41             0.00         0.00   9,750,000.00
A-7       131,947.81    328,436.00             0.00         0.00  24,990,565.83
A-8        56,923.81     56,923.81             0.00         0.00           0.00
A-9       923,561.31  2,425,304.46             0.00         0.00 149,308,760.31
A-10      204,606.88    631,434.89             0.00         0.00  33,918,478.22
A-11       31,042.52    105,273.48             0.00         0.00   5,898,866.18
A-12       11,259.91     11,259.91             0.00         0.00           0.00
A-13            0.00          0.00        37,918.67         0.00   6,229,747.11
A-14            0.00        538.95             0.00         0.00     485,011.37
A-15      160,363.39    160,363.39             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        52,866.77     58,518.89             0.00         0.00   8,454,433.31
M-2        33,041.50     36,574.05             0.00         0.00   5,283,983.41
M-3        26,433.70     29,259.80             0.00         0.00   4,227,266.51
B-1        10,573.73     11,704.19             0.00         0.00   1,690,946.51
B-2         5,286.86      5,852.09             0.00         0.00     845,473.25
B-3        10,573.35     11,703.78             0.00         0.00   1,690,884.98

- -------------------------------------------------------------------------------
        2,713,781.76  4,955,847.52        37,918.67         0.00 412,960,071.48
===============================================================================



































Run:        05/27/97     11:59:55
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     6.123985     6.123985   0.000000   1000.000000
A-2   1000.000000   0.000000     6.248965     6.248965   0.000000   1000.000000
A-3   1000.000000   0.000000     6.248965     6.248965   0.000000   1000.000000
A-4   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-5    998.039971   0.666784     6.236716     6.903500   0.000000    997.373187
A-6   1000.000000   0.000000     6.248965     6.248965   0.000000   1000.000000
A-7    970.095719   7.567870     5.082055    12.649925   0.000000    962.527849
A-9    962.141559   9.580828     5.892141    15.472969   0.000000    952.560731
A-10   954.036284  11.856334     5.683524    17.539858   0.000000    942.179951
A-11   954.036282  11.856334     4.958180    16.814514   0.000000    942.179949
A-13  1018.484801   0.000000     0.000000     0.000000   6.237187   1024.721987
A-14   997.412215   1.107105     0.000000     1.107105   0.000000    996.305109
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    998.039972   0.666783     6.236716     6.903499   0.000000    997.373189
M-2    998.039971   0.666783     6.236716     6.903499   0.000000    997.373188
M-3    998.039970   0.666785     6.236717     6.903502   0.000000    997.373186
B-1    998.039973   0.666781     6.236717     6.903498   0.000000    997.373192
B-2    998.039967   0.666781     6.236711     6.903492   0.000000    997.373186
B-3    998.039972   0.666781     6.236720     6.903501   0.000000    997.373185

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:56                                        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                       86,656.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,591.59

SUBSERVICER ADVANCES THIS MONTH                                       61,860.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    31   7,770,923.90

 (B)  TWO MONTHLY PAYMENTS:                                    3     591,666.75

 (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                                                     412,960,071.48

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,604

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                    1,926,729.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.64457020 %     4.33533100 %    1.02009850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.61955640 %     4.35046497 %    1.02486310 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4624 %

      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                          8.24389930
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              352.98

POOL TRADING FACTOR:                                                97.43520623


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


Run:        05/27/97     11:59:58                                    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    10,847,384.98     7.000000  %    113,854.77
A-3   7609472U4     7,931,000.00     7,931,000.00     7.300000  %          0.00
A-4   7609472V2     3,750,000.00     3,797,013.57     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    19,648,670.78     6.750000  %    137,704.33
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    15,043,516.99     7.500000  %     83,637.48
A-10               45,347,855.00    43,040,270.44     0.000000  %    532,797.86
A-11  7609473C3     3,300,000.00     2,333,303.12     7.500000  %          0.00
A-12  7609473D1     6,000,000.00     6,000,000.00     7.500000  %          0.00
A-13  7609473E9       112,677.89       112,493.65     0.000000  %        106.27
A-14  7609473F6             0.00             0.00     0.453848  %          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     4,503,541.08     7.500000  %      2,988.97
M-2   7609473K5     3,221,000.00     3,216,815.05     7.500000  %      2,134.98
M-3   7609473L3     2,576,700.00     2,573,352.18     7.500000  %      1,707.92
B-1                 1,159,500.00     1,157,993.50     7.500000  %        768.55
B-2                   515,300.00       514,630.49     7.500000  %        341.56
B-3                   902,034.34       900,862.36     7.500000  %        597.89

- -------------------------------------------------------------------------------
                  257,678,667.23   253,836,848.19                    876,640.58
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       558,705.43    558,705.43             0.00         0.00  92,500,000.00
A-2        63,259.57    177,114.34             0.00         0.00  10,733,530.21
A-3        48,234.08     48,234.08             0.00         0.00   7,931,000.00
A-4             0.00          0.00        23,725.01         0.00   3,820,738.58
A-5       112,470.06    112,470.06             0.00         0.00  18,000,000.00
A-6       110,494.35    248,198.68             0.00         0.00  19,510,966.45
A-7        94,142.44     94,142.44             0.00         0.00  16,143,000.00
A-8        33,893.40     33,893.40             0.00         0.00   5,573,000.00
A-9        93,996.96    177,634.44             0.00         0.00  14,959,879.51
A-10      196,688.14    729,486.00       117,277.85         0.00  42,624,750.43
A-11            0.00          0.00        14,579.26         0.00   2,347,882.38
A-12       37,490.02     37,490.02             0.00         0.00   6,000,000.00
A-13            0.00        106.27             0.00         0.00     112,387.38
A-14       95,977.18     95,977.18             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        28,139.64     31,128.61             0.00         0.00   4,500,552.11
M-2        20,099.74     22,234.72             0.00         0.00   3,214,680.07
M-3        16,079.17     17,787.09             0.00         0.00   2,571,644.26
B-1         7,235.53      8,004.08             0.00         0.00   1,157,224.95
B-2         3,215.58      3,557.14             0.00         0.00     514,288.93
B-3         5,628.89      6,226.78             0.00         0.00     900,264.47

- -------------------------------------------------------------------------------
        1,525,750.18  2,402,390.76       155,582.12         0.00 253,115,789.73
===============================================================================





































Run:        05/27/97     11:59:58
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     6.040059     6.040059   0.000000   1000.000000
A-2    979.624761  10.282197     5.712957    15.995154   0.000000    969.342564
A-3   1000.000000   0.000000     6.081715     6.081715   0.000000   1000.000000
A-4   1012.536952   0.000000     0.000000     0.000000   6.326669   1018.863621
A-5   1000.000000   0.000000     6.248337     6.248337   0.000000   1000.000000
A-6    988.612366   6.928520     5.559464    12.487984   0.000000    981.683847
A-7   1000.000000   0.000000     5.831781     5.831781   0.000000   1000.000000
A-8   1000.000000   0.000000     6.081715     6.081715   0.000000   1000.000000
A-9    990.421818   5.506451     6.188489    11.694940   0.000000    984.915367
A-10   949.113700  11.749130     4.337320    16.086450   2.586183    939.950753
A-11   707.061552   0.000000     0.000000     0.000000   4.417958    711.479509
A-12  1000.000000   0.000000     6.248337     6.248337   0.000000   1000.000000
A-13   998.364897   0.943131     0.000000     0.943131   0.000000    997.421766
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    998.700732   0.662831     6.240218     6.903049   0.000000    998.037901
M-2    998.700730   0.662831     6.240217     6.903048   0.000000    998.037898
M-3    998.700733   0.662832     6.240218     6.903050   0.000000    998.037901
B-1    998.700733   0.662829     6.240216     6.903045   0.000000    998.037904
B-2    998.700737   0.662837     6.240210     6.903047   0.000000    998.037900
B-3    998.700737   0.662835     6.240217     6.903052   0.000000    998.037913

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     11:59:58                                        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                       52,800.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,498.96

SUBSERVICER ADVANCES THIS MONTH                                       77,722.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    35  10,634,315.73

 (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                                                     253,115,789.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          996

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      552,580.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.92867180 %     4.05704400 %    1.01428430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.91759610 %     4.06409906 %    1.01649950 %

      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                          8.22969877
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              354.46

POOL TRADING FACTOR:                                                98.22923739


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


Run:        05/27/97     11:59:59                                    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    72,342,014.93     6.750000  %    992,256.80
A-2   7609474L2    17,686,000.00    17,457,511.10     6.137500  %    165,369.90
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    44,861,886.12     7.000000  %    139,429.39
A-6   7609474Q1             0.00             0.00     2.362500  %          0.00
A-7   7609474R9     1,021,562.20     1,018,005.06     0.000000  %      3,697.03
A-8   7609474S7             0.00             0.00     0.373217  %          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     2,262,234.58     7.000000  %      7,030.96
M-2   7609474W8       907,500.00       904,714.39     7.000000  %      2,811.83
M-3   7609474X6       907,500.00       904,714.39     7.000000  %      2,811.83
B-1   BC0073306       544,500.00       542,828.63     7.000000  %      1,687.10
B-2   BC0073314       363,000.00       361,885.75     7.000000  %      1,124.73
B-3   BC0073322       453,585.73       452,193.43     7.000000  %      1,405.38

- -------------------------------------------------------------------------------
                  181,484,047.93   179,725,988.38                  1,317,624.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       406,667.49  1,398,924.29             0.00         0.00  71,349,758.13
A-2        89,231.65    254,601.55             0.00         0.00  17,292,141.20
A-3       182,174.55    182,174.55             0.00         0.00  32,407,000.00
A-4        36,208.01     36,208.01             0.00         0.00   6,211,000.00
A-5       261,529.49    400,958.88             0.00         0.00  44,722,456.73
A-6        34,347.82     34,347.82             0.00         0.00           0.00
A-7             0.00      3,697.03             0.00         0.00   1,014,308.03
A-8        55,862.07     55,862.07             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        13,188.06     20,219.02             0.00         0.00   2,255,203.62
M-2         5,274.18      8,086.01             0.00         0.00     901,902.56
M-3         5,274.18      8,086.01             0.00         0.00     901,902.56
B-1         3,164.51      4,851.61             0.00         0.00     541,141.53
B-2         2,109.67      3,234.40             0.00         0.00     360,761.02
B-3         2,636.14      4,041.52             0.00         0.00     450,788.05

- -------------------------------------------------------------------------------
        1,097,667.82  2,415,292.77             0.00         0.00 178,408,363.43
===============================================================================

















































Run:        05/27/97     11:59:59
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    981.401041  13.461083     5.516903    18.977986   0.000000    967.939958
A-2    987.080804   9.350328     5.045327    14.395655   0.000000    977.730476
A-3   1000.000000   0.000000     5.621457     5.621457   0.000000   1000.000000
A-4   1000.000000   0.000000     5.829659     5.829659   0.000000   1000.000000
A-5    996.930803   3.098431     5.811766     8.910197   0.000000    993.832372
A-7    996.517941   3.618996     0.000000     3.618996   0.000000    992.898944
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    996.930451   3.098431     5.811766     8.910197   0.000000    993.832020
M-2    996.930457   3.098435     5.811769     8.910204   0.000000    993.832022
M-3    996.930457   3.098435     5.811769     8.910204   0.000000    993.832022
B-1    996.930450   3.098439     5.811772     8.910211   0.000000    993.832011
B-2    996.930441   3.098430     5.811763     8.910193   0.000000    993.832011
B-3    996.930459   3.098422     5.811779     8.910201   0.000000    993.832081

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:00                                        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                       37,176.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,854.36

SUBSERVICER ADVANCES THIS MONTH                                       36,744.41
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,949,480.21

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     178,408,363.43

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          648

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                      758,802.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.96232310 %     2.27838900 %    0.75928770 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.94933440 %     2.27512246 %    0.76253430 %

      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                          7.64397559
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              174.63

POOL TRADING FACTOR:                                                98.30525904


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


Run:        05/27/97     12:00:02                                    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   101,437,000.00     7.500000  %  1,235,875.09
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   125,000,000.00     7.500000  %     82,955.60
A-6   7609475P2   132,774,000.00   132,774,000.00     7.500000  %  1,200,091.65
A-7   7609475Q0     2,212,000.00     2,212,000.00     7.500000  %    128,659.57
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     1,271,532.92     0.000000  %      1,028.93
A-11  7609475U1             0.00             0.00     0.399125  %          0.00
R     7609475V9           100.00           100.00     7.500000  %        100.00
M-1   7609475X5    10,026,600.00    10,026,600.00     7.500000  %      6,654.35
M-2   7609475Y3     5,013,300.00     5,013,300.00     7.500000  %      3,327.18
M-3   7609475Z0     5,013,300.00     5,013,300.00     7.500000  %      3,327.18
B-1                 2,256,000.00     2,256,000.00     7.500000  %      1,497.24
B-2                 1,002,700.00     1,002,700.00     7.500000  %        665.46
B-3                 1,755,253.88     1,755,253.88     7.500000  %      1,164.89

- -------------------------------------------------------------------------------
                  501,329,786.80   501,329,786.80                  2,665,347.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       633,920.12  1,869,795.21             0.00         0.00 100,201,124.91
A-2       224,890.81    224,890.81             0.00         0.00  35,986,000.00
A-3       183,026.10    183,026.10             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       781,174.67    864,130.27             0.00         0.00 124,917,044.40
A-6       829,757.48  2,029,849.13             0.00         0.00 131,573,908.35
A-7        13,823.67    142,483.24             0.00         0.00   2,083,340.43
A-8       174,983.13    174,983.13             0.00         0.00  28,000,000.00
A-9        23,675.22     23,675.22             0.00         0.00   4,059,000.00
A-10            0.00      1,028.93             0.00         0.00   1,270,503.99
A-11      166,728.28    166,728.28             0.00         0.00           0.00
R               0.63        100.63             0.00         0.00           0.00
M-1        62,660.21     69,314.56             0.00         0.00  10,019,945.65
M-2        31,330.11     34,657.29             0.00         0.00   5,009,972.82
M-3        31,330.11     34,657.29             0.00         0.00   5,009,972.82
B-1        14,098.64     15,595.88             0.00         0.00   2,254,502.76
B-2         6,266.28      6,931.74             0.00         0.00   1,002,034.54
B-3        10,969.28     12,134.17             0.00         0.00   1,754,088.99

- -------------------------------------------------------------------------------
        3,291,800.99  5,957,148.13             0.00         0.00 498,664,439.66
===============================================================================













































Run:        05/27/97     12:00:02
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   1000.000000  12.183672     6.249397    18.433069   0.000000    987.816329
A-2   1000.000000   0.000000     6.249397     6.249397   0.000000   1000.000000
A-3   1000.000000   0.000000     6.249397     6.249397   0.000000   1000.000000
A-4   1000.000000   0.000000     6.354167     6.354167   0.000000   1000.000000
A-5   1000.000000   0.663645     6.249397     6.913042   0.000000    999.336355
A-6   1000.000000   9.038604     6.249397    15.288001   0.000000    990.961396
A-7   1000.000000  58.164363     6.249399    64.413762   0.000000    941.835637
A-8   1000.000000   0.000000     6.249398     6.249398   0.000000   1000.000000
A-9   1000.000000   0.000000     5.832772     5.832772   0.000000   1000.000000
A-10  1000.000000   0.809204     0.000000     0.809204   0.000000    999.190796
R     1000.000000  1000.0000    6.300000   1006.300000   0.000000      0.000000
M-1   1000.000000   0.663670     6.249398     6.913068   0.000000    999.336330
M-2   1000.000000   0.663671     6.249399     6.913070   0.000000    999.336329
M-3   1000.000000   0.663671     6.249399     6.913070   0.000000    999.336329
B-1   1000.000000   0.663670     6.249397     6.913067   0.000000    999.336330
B-2   1000.000000   0.663668     6.249407     6.913075   0.000000    999.336332
B-3   1000.000000   0.663659     6.249398     6.913057   0.000000    999.336339

_______________________________________________________________________________


DETERMINATION DATE       20-May-97      
DISTRIBUTION DATE        27-May-97      

Run:     05/27/97     12:00:02                                        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                      104,237.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,981.70

SUBSERVICER ADVANCES THIS MONTH                                        6,158.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     831,440.77

 (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                                                     498,664,439.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,932

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH 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                    2,332,496.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.98715330 %     4.01017300 %    1.00267400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.96364640 %     4.01871272 %    1.00737580 %

      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                          8.17209754
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              356.34

POOL TRADING FACTOR:                                                99.46834455

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




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