RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1997-01-08
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)
                                December 25, 1996


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

                           2-99554, 33-9518, 33-10349
                          33-20826, 33-26683, 33-31592
                          33-35340, 33-40243, 33-44591
                          33-49296, 33-49689, 33-52603,
                                    33-54227
                            (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


<PAGE>






Item 5.  Other Events

See the respective monthly reports, each reflecting the required information for
the December 1996  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


<PAGE>



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


<PAGE>



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


<PAGE>



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


<PAGE>



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


<PAGE>


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






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:  December 25, 1996


<PAGE>




                          GMAC MORTGAGE CORPORATION
                                PO BOX 780
                          WATERLOO, IA 50704
                 SERIES 1986-1 HF
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

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

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

SCHEDULED INSTALLMENTS OF:  12/01/96
        GROSS INTEREST RATE:  10.998971
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       11
REPORT DATE: 12/26/96


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

GROSS INTEREST                             15,732.14    15,732.14    15,732.14
    LESS SERVICE FEE                        3,152.87     3,152.87     3,152.87
NET INTEREST                               12,579.27    12,579.27    12,579.27
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                       3,667.57     3,667.57     3,667.57
  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                   16,246.84    16,246.84    16,246.84


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,716,393.99 1,716,393.99 1,716,393.99
    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      1,716,393.99 1,716,393.99 1,716,393.99
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    3,667.57     3,667.57     3,667.57
  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              3,667.57     3,667.57     3,667.57
ENDING PRINCIPAL BALANCE                1,712,726.42 1,712,726.42 1,712,726.42


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              1    149,750.67
  PRINCIPAL                                   359.98       359.98       359.98
  INTEREST                                  2,837.32     2,837.32     2,837.32
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
FORECLOSURE             1    193,864.80
  PRINCIPAL                                 9,516.95     9,516.95     9,516.95
  INTEREST                                110,725.05   110,725.05   110,725.05
REO                     0          0.00         0.00
  PRINICPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           2    343,615.47   123,439.30   123,439.30   123,439.30


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

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

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



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

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

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

SCHEDULED INSTALLMENTS OF:  12/01/96
        GROSS INTEREST RATE:  12.208552
          NET INTEREST RATE:  10.250000
        TOTAL NUMBER OF LOANS:       7
REPORT DATE: 12/26/96


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

GROSS INTEREST                              7,362.87     7,362.87     7,362.87
    LESS SERVICE FEE                        1,181.18     1,181.18     1,181.18
NET INTEREST                                6,181.69     6,181.69     6,181.69
PAYOFF NET INTEREST                            70.21        70.21        70.21
   PLUS REO NET INT GAIN                        0.00         0.00         0.00
   LESS REO REIMBURSEMENT                       0.00         0.00         0.00
PRINCIPAL INSTALLMENT                         848.41       848.41       848.41
  ADDITIONAL PRINCIPAL                          0.00         0.00         0.00
  PAYOFF PRINCIPAL                         41,658.45    41,658.45    41,658.45
  REO PRINCIPAL                                 0.00         0.00         0.00
      ADJUSTMENT + OR-                          0.00         0.00         0.00
        TOTAL REMITTANCE                   48,758.76    48,758.76    48,758.76


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           765,367.62   765,367.62   765,367.62
    LESS PAYOFF PRINCIPAL BALANCE          41,658.45    41,658.45    41,658.45
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        723,709.17   723,709.17   723,709.17
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      848.41       848.41       848.41
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00         0.00         0.00
    PAYOFF PRINCIPAL                       41,658.45    41,658.45    41,658.45
    REO PRINCIPAL                               0.00         0.00         0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00         0.00         0.00
3)  TOTAL PRINCIPAL REMITTANCE             42,506.86    42,506.86    42,506.86
ENDING PRINCIPAL BALANCE                  722,860.76   722,860.76   722,860.76


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
60-89 DAYS              0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
FORECLOSURE             1     74,862.29
  PRINCIPAL                                 1,468.02     1,468.02     1,468.02
  INTEREST                                 22,799.48    22,799.48    22,799.48
REO                     0          0.00
  PRINICPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           1     74,862.29    24,267.50    24,267.50    24,267.50


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

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

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (319-236-4797)
- -------------------------------------------------------------------------------
<PAGE>
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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        411,472.34      8.0000           695.00  
STRIP                      0.00              0.00      1.4205             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  51,185,471.15        411,472.34                       695.00  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            2,743.15          0.00         3,438.15        0.00       410,777.34
STRIP         487.06          0.00           487.06        0.00             0.00
                                                                                
            3,230.21          0.00         3,925.21        0.00       410,777.34
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        8.038850   0.013578     0.053592      0.000000      0.067170    8.025272
STRIP   0.000000   0.000000     0.009516      0.000000      0.009516    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
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  1986-12 (POOL 3010)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       85.72 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   154.30 
                                                                                
    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                                                     410,777.34 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                           411,372.34 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   3      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     100.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION              595.00 
                                                                                
       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                        10.1204% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.008025272 

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

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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      1,370,639.21      8.0000         2,325.30  
STRIP                      0.00              0.00      1.5790             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  50,250,749.71      1,370,639.21                     2,325.30  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            9,137.59          0.00        11,462.89        0.00     1,368,313.91
STRIP       1,803.53          0.00         1,803.53        0.00             0.00
                                                                                
           10,941.12          0.00        13,266.42        0.00     1,368,313.91
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       27.275995   0.046274     0.181840      0.000000      0.228114   27.229721
STRIP   0.000000   0.000000     0.035891      0.000000      0.035891    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                      393.56 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   496.86 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,235.95 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    130,076.45 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,368,313.91 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         1,371,497.44 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   9      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     154.84 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,170.46 
                                                                                
       MORTGAGE POOL INSURANCE                             2,916,016.00         
       SPECIAL HAZARD LOSS COVERAGE                          718,071.50         
       BANKRUPTCY BOND                                             0.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.3586% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.027229721 

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

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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      5,067,618.49      8.5000       139,848.24  
STRIP                      0.00              0.00      0.8897             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  96,428,600.14      5,067,618.49                   139,848.24  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           35,389.28          0.00       175,237.52        0.00     4,927,770.25
STRIP       3,725.50          0.00         3,725.50        0.00             0.00
                                                                                
           39,114.78          0.00       178,963.02        0.00     4,927,770.25
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       52.553065   1.450278     0.367000      0.000000      1.817278   51.102787
STRIP   0.000000   0.000000     0.038635      0.000000      0.038635    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    2,269.90 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,644.56 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,533.74 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    139,515.18 
      (B)  TWO MONTHLY PAYMENTS:                                1    191,823.45 
      (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                                                   4,927,770.25 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         4,940,085.34 
                                                                                
    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                      132,446.85 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     625.12 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,776.27 
                                                                                
       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                        10.3330% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.051102787 

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

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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      2,674,221.52      6.5000       144,784.03  
STRIP                      0.00              0.00      2.8947             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  99,525,248.34      2,674,221.52                   144,784.03  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           13,728.70          0.00       158,512.73        0.00     2,529,437.49
STRIP       6,113.89          0.00         6,113.89        0.00             0.00
                                                                                
           19,842.59          0.00       164,626.62        0.00     2,529,437.49
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       26.869780   1.454747     0.137942      0.000000      1.592689   25.415033
STRIP   0.000000   0.000000     0.061431      0.000000      0.061431    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                      927.80 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   876.52 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,613.74 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    253,040.81 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    331,491.43 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,529,437.49 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         2,539,545.80 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  14      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      139,692.48 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     341.92 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,749.63 
                                                                                
       MORTGAGE POOL INSURANCE                             7,415,287.30         
       SPECIAL HAZARD LOSS COVERAGE                          976,420.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.2489% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.025415033 

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

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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      7,081,439.96      7.0000        17,464.79  
STRIP                      0.00              0.00      1.9640             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 106,883,729.60      7,081,439.96                    17,464.79  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           41,308.40          0.00        58,773.19        0.00     7,063,975.17
STRIP      11,589.73          0.00        11,589.73        0.00             0.00
                                                                                
           52,898.13          0.00        70,362.92        0.00     7,063,975.17
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       66.253676   0.163400     0.386480      0.000000      0.549880   66.090276
STRIP   0.000000   0.000000     0.108433      0.000000      0.108433    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    2,720.17 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,314.57 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,964.85 
    MASTER SERVICER ADVANCES THIS MONTH                                3,429.38 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    570,639.90 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    187,105.45 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,063,975.17 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         6,687,168.12 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  37      
                                                                                
    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             388,198.17 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,857.96 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,606.83 
                                                                                
       MORTGAGE POOL INSURANCE                             6,802,512.01         
       SPECIAL HAZARD LOSS COVERAGE                          973,390.58         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.8661% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.066090276 

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

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       02:04 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                             CLASS A       STRIP
CUSIP Number                          795483BD7               NA
Tot Principal and Interest Distr           88,679.91    5,006.65

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                78,135.91
Total Principal Prepayments                76,245.13
Principal Payoffs-In-Full                  76,221.92
Principal Curtailments                         23.21
Principal Liquidations                          0.00
Scheduled Principal Due                     1,890.78

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,544.00    5,006.65
Prepayment Interest Shortfall                 202.65       90.90
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       1,517,173.71
Current Period ENDING Prin Bal          1,439,037.80
Change in Principal Balance                78,135.91

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.662435
Interest Distributed                        0.089392
Total Distribution                          0.751827
Total Principal Prepayments                 0.646405
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                12.862579
ENDING Principal Balance                   12.200143

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.532085%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689184%
Prepayment Percentages                     38.689184%
Trading Factors                             1.220014%
Certificate Denominations                      1,000
Sub-Servicer Fees                             511.12
Master Servicer Fees                          186.07
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr          131,388.54      420.78     225,495.88

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               122,558.71                 200,694.62
Total Principal Prepayments               120,825.80                 197,070.93
Principal Payoffs-In-Full                 120,789.01                 197,010.93
Principal Curtailments                         36.79                      60.00
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,996.32                   4,887.10

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  8,829.83      420.78      24,801.26
Prepayment Interest Shortfall                 316.60        4.53         614.68
Unpaid Interest Shortfall Paid                  0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,878,147.54             126,830,679.11
Current Period BEGINNING Prin Bal       2,404,267.75               3,921,441.46
Current Period ENDING Prin Bal          2,280,445.63               3,719,483.43
Change in Principal Balance               123,822.12                 201,958.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   3,451.134075
Interest Distributed                      248.639425
Total Distribution                      3,699.773500
Total Principal Prepayments             3,402.337015
Current Period Interest Shortfall
BEGINNING Principal Balance               270.807366
ENDING Principal Balance                  256.860524

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               528,982.10    3,302.27     532,284.37
Period Ending Class Percentages            61.310816%
Prepayment Percentages                     61.310816%
Trading Factors                            25.686052%                  2.932637%
Certificate Denominations                    250,000
Sub-Servicer Fees                             809.97                   1,321.09
Master Servicer Fees                          294.86                     480.93
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              249,726.64           2
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         812,064.62           2
Tot Unpaid Principal on Delinq Loans    1,061,791.26           4
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           19.9459%
Loans in Pool                                     21
Current Period Sub-Servicer Fee             1,321.09
Current Period Master Servicer Fee            480.93
Aggregate REO Losses                     (458,833.34)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       04:53 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AB4               NA
Total Principal and Interest Distr        267,179.85    1,989.04

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               251,604.09
Total Principal Prepayments               221,613.61
Principal Payoffs-In-Full                 221,559.44
Principal Curtailments                         54.17
Principal Liquidations                          0.00
Scheduled Principal Due                    29,990.48

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 15,575.76    1,989.04
Prepayment Interest Shortfall               1,353.81      230.72
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        120,690,107.20
Current Period BEGINNING Princ Bal      2,390,057.58
Current Period ENDING Princ Bal         2,138,453.49
Change in Principal Balance               251,604.09


PER CERTIFICATE DATA BY CLASS
Principal Distributed                       2.084712
Interest Distributed                        0.129056
Total Distribution                          2.213768
Total Principal Prepayments                 1.836220
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                19.803260

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   0.708517%
Subordinated Unpaid Amounts
Period Ending Class Percentages            70.946950%
Prepayment Percentages                     70.946950%
Trading Factors                             1.771855%
Certificate Denominations                      1,000
Sub-Servicer Fees                             856.06
Master Servicer Fees                          274.86
Percentage Interest
Curr Per Master Servicer Advance Amt            0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Principal and Interest Distr        109,076.01      335.17     378,580.07

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               103,032.84                 354,636.93
Total Principal Prepayments                90,751.62                 312,365.23
Principal Payoffs-In-Full                  90,729.44                 312,288.88
Principal Curtailments                         22.18                      76.35
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    12,281.22                  42,271.70

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  6,043.17      335.17      23,943.14
Prepayment Interest Shortfall                 539.39       15.00       2,138.92
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          6,352,110.91             127,042,218.11
Current Period BEGINNING Princ Bal        978,737.81               3,368,795.39
Current Period ENDING Princ Bal           875,704.97               3,014,158.46
Change in Principal Balance               103,032.84                 354,636.93

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   4,055.063012
Interest Distributed                      237.841014
Total Distribution                      4,292.904026
Total Principal Prepayments             3,571.711093
Current Period Interest Shortfall
BEGINNING Principal Balance               154.080718
ENDING Principal Balance                  137.860466

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.270000%   0.230000%
Subordinated Unpaid Amounts               143,720.96      517.27     144,238.23
Period Ending Class Percentages           143,720.96
Prepayment Percentages                     29.053050%
Trading Factors                            13.786047%                  2.372564%
Certificate Denominations                    250,000
Sub-Servicer Fees                             350.56                   1,206.62
Master Servicer Fees                          112.56                     387.42
Percentage Interest
Curr Per Master Servicer Advance Amt                                       0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,270,422.18
Current Special Hazard Amount             875,704.97
POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance       Loans
Loans Delinquent ONE Payment              238,375.24           1
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments               0.00           0
Tot Unpaid Princ on Delinquent Loans      238,375.24           1
Loans in Foreclosure, INCL in Delinq            0.00           0
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           4.8036%

Loans in Pool                                     29
Current Period Sub-Servicer Fee             1,206.62
Current Period Master Servicer Fee            387.42

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-6  (POOL  3042)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3042                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AD0  126,773,722.44      8,165,151.71      8.5000       400,648.93  
STRIP                      0.00              0.00      0.3111             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 126,773,722.44      8,165,151.71                   400,648.93  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           55,362.07          0.00       456,011.00        0.00     7,764,502.78
STRIP       2,053.56          0.00         2,053.56        0.00             0.00
                                                                                
           57,415.63          0.00       458,064.56        0.00     7,764,502.78
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       64.407288   3.160347     0.436700      0.000000      3.597047   61.246942
STRIP   0.000000   0.000000     0.016199      0.000000      0.016199    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-6 (POOL 3042)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,188.99 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,684.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,191.22 
    MASTER SERVICER ADVANCES THIS MONTH                                3,909.17 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    200,693.46 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    239,976.94 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,764,502.78 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         7,377,552.56 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  39      
                                                                                
    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             450,311.21 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      387,554.87 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     910.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,183.27 
                                                                                
       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                         9.7674% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.061246942 

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

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       05:00 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AH1               NA
Total Princ and Interest Distributed       44,343.29    1,406.05

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                28,071.74
Total Principal Prepayments                   978.98
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        978.98
Principal Liquidations                          0.00
Scheduled Principal Due                    27,092.76

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 16,271.55    1,406.05
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         72,064,664.88
Current Period BEGINNING Princ Balance  2,231,526.78
Current Period ENDING Princ Balance     2,203,455.04
Change in Principal Balance                28,071.74

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.389535
Interest Distributed                        0.225791
Total Distribution                          0.615326
Total Principal Prepayments                 0.013585
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                30.965617
ENDING Principal Balance                   30.576081

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.569393%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306471%
Prepayment Percentages                     75.306471%
Trading Factors                             3.057608%
Certificate Denominations                      1,000
Sub-Servicer Fees                             581.70
Master Servicer Fees                          264.06
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed        8,679.39       12.23      54,440.96

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 5,610.07                  33,681.81
Total Principal Prepayments                   321.02                   1,300.00
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                        321.02                   1,300.00
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     7,008.52                  34,101.28

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  3,069.32       12.23      20,759.15
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          3,395,717.19              75,460,382.07
Current Period BEGINNING Princ Balance    731,733.55               2,963,260.33
Current Period ENDING Princ Balance       722,528.62               2,925,983.66
Change in Principal Balance                 9,204.93                  37,276.67

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     413.025415
Interest Distributed                      225.969937
Total Distribution                        638.995352
Total Principal Prepayments                23.634183
Current Period Interest Shortfall
BEGINNING Principal Balance               215.487188
ENDING Principal Balance                  212.776441

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               195,686.03      275.79     195,961.82
Period Ending Class Percentages            24.693529%
Prepayment Percentages                     24.693529%
Trading Factors                            21.277644%                  3.877510%
Certificate Denominations                    250,000
Sub-Servicer Fees                             190.75                     772.45
Master Servicer Fees                           86.59                     350.65
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             722,528.62

POOL DELINQUENCY DATA                  Unpaid Princ    Number of
                                          Balance          Loans

Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         409,040.96           3
Tot Unpaid Princ on Delinquent Loans      409,040.96           3
Loans in Foreclosure, INCL in Delinq       46,589.88           1
REO/Pending Cash Liquidations             252,210.70           1
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             12.3580%

Loans in Pool                                     37
Curr Period Sub-Servicer Fee                  772.45
Curr Period Master Servicer Fee               350.65

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

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       05:04 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AK4               NA
Total Princ and Interest Distributed      133,132.59      771.55

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               110,562.22
Total Principal Prepayments               106,136.52
Principal Payoffs-In-Full                 105,846.65
Principal Curtailments                        289.87
Principal Liquidations                          0.00
Scheduled Principal Due                     4,425.70

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 22,570.37      771.55
Prepayment Interest Shortfall                 506.76       31.98
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         95,187,665.32
Curr Period BEGINNING Princ Balance     3,076,950.98
Curr Period ENDING Princ Balance        2,966,388.76
Change in Principal Balance               110,562.22

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.161518
Interest Distributed                        0.237114
Total Distribution                          1.398633
Total Principal Prepayments                 1.115024
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                32.325102
ENDING Principal Balance                   31.163584

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.198665%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     66.023163%
Trading Factors                             3.116358%
Certificate Denominations                      1,000
Sub-Servicer Fees                             752.27
Master Servicer Fees                          313.48
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       64,181.97       32.83     198,118.94

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                56,246.55                 166,808.77
Total Principal Prepayments                54,619.98                 160,756.50
Principal Payoffs-In-Full                  54,470.80                 160,317.45
Principal Curtailments                        149.18                     439.05
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,277.56                   6,703.26

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,935.42       32.83      31,310.17
Prepayment Interest Shortfall                 260.21        0.58         799.53
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     1,583,460.38               4,660,411.36
Curr Period ENDING Princ Balance        1,526,562.84               4,492,951.60
Change in Principal Balance                56,897.54                 167,459.76


PER CERTIFICATE DATA BY CLASS
Principal Distributed                   2,421.412259
Interest Distributed                      341.619589
Total Distribution                      2,763.031848
Total Principal Prepayments             2,351.388470
Current Period Interest Shortfall
BEGINNING Principal Balance               272.671684
ENDING Principal Balance                  262.873935

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               376,690.75      314.02     377,004.77
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     33.976837%
Trading Factors                            26.287393%                  4.448693%
Certificate Denominations                    250,000
Sub-Servicer Fees                             387.14                   1,139.41
Master Servicer Fees                          161.32                     474.80
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                    0.00           0
Loans Delinquent TWO Payments              45,885.48           1
Loans Delinquent THREE + Payments         487,544.03           1
Total Unpaid Principal on Delinq Loans    533,429.51           2
Loans in Foreclosure, INCL in Delinq      487,544.03           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           7.4110%

Loans in Pool                                     31
Current Period Sub-Servicer Fee             1,139.41
Current Period Master Servicer Fee            474.80

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

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   12-Dec-96
1987-SA1, CLASS A, 7.74879320% PASS-THROUGH RATE (POOL 4009)         11:41 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: DECEMBER 20, 1996
DISTRIBUTION  DATE: DECEMBER 26, 1996
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,557,228.75
ENDING POOL BALANCE                                             $3,328,992.62
PRINCIPAL DISTRIBUTIONS                                           $228,236.13

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                 $220,461.67
     PARTIAL PRINCIPAL PREPAYMENTS                   $2,039.56
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 12/01                    $5,734.90
                                                   $228,236.13

INTEREST DUE ON BEG POOL BALANCE                    $22,970.19
PREPAYMENT INTEREST SHORTFALL                         ($174.12)
                                                                   $22,796.07

TOTAL DISTRIBUTION DUE THIS PERIOD                                $251,032.20

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $367.74

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               56.384936%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $5.199554602
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.519327990
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $5.068905148

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,904,046.09

TRADING FACTOR                                                    0.075839346

NUMBER OF LOANS DELINQUENT ONE MONTH                                        2
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $418,687.38
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             12-Dec-96
1987-SA1, CLASS B, 7.71879320% PASS-THROUGH RATE (POOL 4009)         11:41 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: DECEMBER 20, 1996
DISTRIBUTION  DATE: DECEMBER 26, 1996
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,579,211.62
ENDING POOL BALANCE                                             $2,575,053.47
NET CHANGE TO PRINCIPAL BALANCE                                     $4,158.15

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 12/01                    $4,158.15
                                                                    $4,158.15

INTEREST DUE ON BEGINNING POOL BALANCE              $16,590.33
PREPAYMENT INTEREST SHORTFALL                         ($125.75)
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,464.58

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,622.73

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $327.17
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,295.44

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

RFC MANAGEMENT FEE                                                    $266.63

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               43.615064%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,904,046.09

NUMBER OF LOANS DELINQUENT ONE MONTH                                        2
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $418,687.38
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             12-Dec-96
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               11:41 AM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: DECEMBER 20, 1996
DISTRIBUTION  DATE: DECEMBER 26, 1996
ORIGINAL POOL BALANCE:                     $0.00

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

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     SCHEDULED PAYMENTS DUE 12/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $64.48
PREPAYMENT INTEREST SHORTFALL                           ($0.49)
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $63.99

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         $5,904,046.09

NUMBER OF LOANS DELINQUENT ONE MONTH                                        2
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              0
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $418,687.38
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                                 $0.00
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00















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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3A  (POOL  3085)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3085                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AW8   25,441,326.74      4,006,757.28      7.5073         6,121.91  
                                                                                
- --------------------------------------------------------------------------------
                  25,441,326.74      4,006,757.28                     6,121.91  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           25,066.61          0.00        31,188.52        0.00     4,000,635.37
                                                                                
           25,066.61          0.00        31,188.52        0.00     4,000,635.37
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      157.490107   0.240629     0.985271      0.000000      1.225900  157.249479
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3A (POOL 3085)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,206.28 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,164.32 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,431.55 
    MASTER SERVICER ADVANCES THIS MONTH                                1,129.15 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    178,403.14 
      (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                                                   4,000,635.37 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         3,858,101.79 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  29      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             147,988.61 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     450.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,671.91 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2448% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5076% 
                                                                                
    POOL TRADING FACTOR                                             0.157249479 

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

Run:        12/27/96     13:40:53                                    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      5,748,217.52      7.8198       632,240.05  
                                                                                
- --------------------------------------------------------------------------------
                  38,297,875.16      5,748,217.52                   632,240.05  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           36,261.57          0.00       668,501.62        0.00     5,115,977.47
                                                                                
           36,261.57          0.00       668,501.62        0.00     5,115,977.47
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      150.092335  16.508489     0.946830      0.000000     17.455319  133.583846
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    1,794.22 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,130.20 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,859.14 
    MASTER SERVICER ADVANCES THIS MONTH                                1,084.26 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    241,301.14 
      (B)  TWO MONTHLY PAYMENTS:                                1     65,444.14 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    173,132.27 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,115,977.47 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         4,986,486.95 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  45      
                                                                                
    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             137,307.32 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      625,300.51 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      62.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,877.54 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4706% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8218% 
                                                                                
    POOL TRADING FACTOR                                             0.133583846 

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

Run:        12/27/96     13:40:53                                    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      8,725,426.14      6.7124        86,613.33  
                                                                                
- --------------------------------------------------------------------------------
                  69,360,201.61      8,725,426.14                    86,613.33  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           48,737.21          0.00       135,350.54        0.00     8,638,812.81
                                                                                
           48,737.21          0.00       135,350.54        0.00     8,638,812.81
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      125.798743   1.248747     0.702668      0.000000      1.951415  124.549996
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3C (POOL 3087)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,017.14 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,781.08 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,205.09 
    MASTER SERVICER ADVANCES THIS MONTH                                1,199.68 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    256,560.86 
      (B)  TWO MONTHLY PAYMENTS:                                1    196,414.02 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    398,735.19 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,638,812.81 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         8,498,361.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  63      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             163,157.01 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       72,046.12 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,191.82 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,375.39 
                                                                                
       LOC AMOUNT AVAILABLE                                1,919,728.52         
       BANKRUPTCY AMOUNT AVAILABLE                           388,117.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,049,406.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3828% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7099% 
                                                                                
    POOL TRADING FACTOR                                             0.124549996 

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

Run:        12/27/96     13:40:53                                    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        997,745.01      8.5000        11,339.87  
STRIP                      0.00              0.00      0.2368             0.00  
                                                                                
- --------------------------------------------------------------------------------
                   9,209,655.99        997,745.01                    11,339.87  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            7,067.36          0.00        18,407.23        0.00       986,405.14
STRIP         196.89          0.00           196.89        0.00             0.00
                                                                                
            7,264.25          0.00        18,604.12        0.00       986,405.14
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      108.336838   1.231302     0.767386      0.000000      1.998688  107.105536
STRIP   0.000000   0.000000     0.021379      0.000000      0.021379    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                      207.86 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   182.92 
                                                                                
    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                                                     986,405.14 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                           997,745.01 
                                                                                
    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           11,339.87 
                                                                                
       LOC AMOUNT AVAILABLE                                1,606,222.01         
       BANKRUPTCY AMOUNT AVAILABLE                           696,851.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       640,045.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.2068% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.107105536 

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

Run:        12/27/96     13:40:53                                    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     25,315,496.96      6.7353        43,176.55  
                                                                                
- --------------------------------------------------------------------------------
                 199,725,759.94     25,315,496.96                    43,176.55  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          142,063.26          0.00       185,239.81        0.00    25,272,320.41
                                                                                
          142,063.26          0.00       185,239.81        0.00    25,272,320.41
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      126.751286   0.216179     0.711292      0.000000      0.927471  126.535107
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-2 (POOL 3094)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,532.72 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,242.63 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   23,431.83 
    MASTER SERVICER ADVANCES THIS MONTH                                1,826.74 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                10  1,748,721.78 
      (B)  TWO MONTHLY PAYMENTS:                                2    273,533.05 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 9  1,361,483.23 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  25,272,320.41 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        25,074,548.38 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 182      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             249,587.20 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   4,684.87 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           38,491.68 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,798,949.24         
       BANKRUPTCY AMOUNT AVAILABLE                           373,426.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,264,044.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4029% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7148% 
                                                                                
    POOL TRADING FACTOR                                             0.126535107 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3A  (POOL  3095)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3095                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BH0   60,404,491.94      8,969,713.63      7.7969        14,834.06  
                                                                                
- --------------------------------------------------------------------------------
                  60,404,491.94      8,969,713.63                    14,834.06  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           58,261.12          0.00        73,095.18        0.00     8,954,879.57
                                                                                
           58,261.12          0.00        73,095.18        0.00     8,954,879.57
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      148.494149   0.245579     0.964516      0.000000      1.210095  148.248570
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    3,145.55 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,861.55 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,992.94 
    MASTER SERVICER ADVANCES THIS MONTH                                  958.14 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                1    150,256.44 
      (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                                                   8,954,879.57 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         8,844,895.91 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  70      
                                                                                
    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             124,599.26 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,900.30 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,933.76 
                                                                                
       LOC AMOUNT AVAILABLE                               11,805,442.74         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4760% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7993% 
                                                                                
    POOL TRADING FACTOR                                             0.148248570 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3B  (POOL  3096)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3096                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BG2   37,514,866.19      3,498,717.09      7.9304     3,498,717.09  
                                                                                
- --------------------------------------------------------------------------------
                  37,514,866.19      3,498,717.09                 3,498,717.09  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           46,686.27          0.00     3,545,403.36        0.00             0.00
                                                                                
           46,686.27          0.00     3,545,403.36        0.00             0.00
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       93.262150  93.262150     1.244474      0.000000     94.506624    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-3B (POOL 3096)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,304.95 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   729.77 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,901.95 
    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    725,797.37 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                           0.00 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         3,500,481.47 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  19      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     132.35 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION        3,498,584.74 
                                                                                
       LOC AMOUNT AVAILABLE                               11,805,442.74         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.6280% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.9304% 
                                                                                
    POOL TRADING FACTOR                                             0.000000000 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3C  (POOL  3097)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3097                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BJ6   80,948,485.59     12,000,510.80      6.8762       221,524.72  
                                                                                
- --------------------------------------------------------------------------------
                  80,948,485.59     12,000,510.80                   221,524.72  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           67,596.68          0.00       289,121.40        0.00    11,778,986.08
                                                                                
           67,596.68          0.00       289,121.40        0.00    11,778,986.08
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      148.248738   2.736614     0.835058      0.000000      3.571672  145.512124
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    3,932.85 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,466.80 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,485.92 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    354,028.69 
      (B)  TWO MONTHLY PAYMENTS:                                1    114,374.85 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    277,745.38 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  11,778,986.08 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        11,797,375.73 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  91      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      201,903.80 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,972.88 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,648.04 
                                                                                
       LOC AMOUNT AVAILABLE                               11,805,442.74         
       BANKRUPTCY AMOUNT AVAILABLE                           136,507.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,469,790.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4209% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7709% 
                                                                                
    POOL TRADING FACTOR                                             0.145512124 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1A  (POOL  2000)       
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2000                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BK3   42,805,537.40     10,086,887.89      6.8170       312,884.01  
                                                                                
- --------------------------------------------------------------------------------
                  42,805,537.40     10,086,887.89                   312,884.01  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           56,727.88          0.00       369,611.89        0.00     9,774,003.88
                                                                                
           56,727.88          0.00       369,611.89        0.00     9,774,003.88
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      235.644463   7.309428     1.325246      0.000000      8.634674  228.335035
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1A (POOL 2000)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,161.34 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,091.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,003.38 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 6    841,141.13 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    522,152.21 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,774,003.88 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         9,794,382.69 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  81      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      296,080.20 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,307.68 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           14,496.13 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,462.44         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       989,403.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.5670% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8170% 
                                                                                
    POOL TRADING FACTOR                                             0.228335035 

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

Run:        12/27/96     13:40:53                                    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     10,306,648.92      6.6965        17,914.71  
                                                                                
- --------------------------------------------------------------------------------
                  55,464,913.85     10,306,648.92                    17,914.71  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,506.83          0.00        75,421.54        0.00    10,288,734.21
                                                                                
           57,506.83          0.00        75,421.54        0.00    10,288,734.21
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      185.822860   0.322992     1.036815      0.000000      1.359807  185.499868
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    4,294.46 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,150.83 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   14,327.42 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 8  1,259,066.64 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    167,664.51 
      (D)  LOANS IN FORECLOSURE                                 4    517,423.35 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,288,734.21 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        10,316,251.96 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  74      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                   1,535.35 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,379.36 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       7,872,462.44         
       BANKRUPTCY AMOUNT AVAILABLE                           497,233.28         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       989,403.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4465% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6965% 
                                                                                
    POOL TRADING FACTOR                                             0.185499868 

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

DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       05:08 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A
CUSIP Number                          760920BN7
Total Princ and Interest Distributed      337,410.34

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               273,989.90
Total Principal Prepayments               257,666.25
Principal Payoffs-In-Full                 255,365.31
Principal Curtailments                      2,300.94
Principal Liquidations                          0.00
Scheduled Principal Due                    16,323.65

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 63,420.44
Prepayment Interest Shortfall                 454.23
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    11,107,282.89
Curr Period ENDING Princ Balance       10,833,292.99
Change in Principal Balance               273,989.90

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.814008
Interest Distributed                        0.419888
Total Distribution                          2.233896
Total Principal Prepayments                 1.705934
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                73.538113
ENDING Principal Balance                   71.724105

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               6.900842%
Subordinated Unpaid Amounts
Period Ending Class Percentages            52.793263%
Prepayment Percentages                    100.000000%
Trading Factors                             7.172411%
Certificate Denominations                      1,000
Sub-Servicer Fees                           4,042.53
Master Servicer Fees                        1,136.28
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       63,485.60       56.78     400,952.72

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,020.94                 287,010.84
Total Principal Prepayments                     0.00                 257,666.25
Principal Payoffs-In-Full                       0.00                 255,365.31
Principal Curtailments                          0.00                   2,300.94
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    14,257.19                  30,580.84

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 50,464.66       56.78     113,941.88
Prepayment Interest Shortfall                 396.16        0.57         850.96
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     9,701,182.79              20,808,465.68
Curr Period ENDING Princ Balance        9,686,925.60              20,520,218.59
Change in Principal Balance                14,257.19                 288,247.09

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     269.690882
Interest Distributed                    1,045.228584
Total Distribution                      1,314.919467
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               803.727088
ENDING Principal Balance                  802.545903

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                         2,521.29
Passthru Rate                               6.890842%   0.010000%
Subordinated Unpaid Amounts             1,149,255.69      933.45     951,685.86
Period Ending Class Percentages            47.206737%
Prepayment Percentages                      0.000000%
Trading Factors                            80.254590%                 12.580492%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,614.76                   7,657.29
Master Servicer Fees                        1,016.04                   2,152.32
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

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

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Blance           Loans
Loans Delinquent ONE Payment            1,423,190.08           7
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         851,681.37           5
Total Unpaid Princ on Delinquent Loans  2,274,871.45          12
Loans in Foreclosure, INCL in Delinq      851,681.37           5
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           4.5520%

Loans in Pool                                    137
Current Period Sub-Servicer Fee             7,657.29
Current Period Master Servicer Fee          2,152.32

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

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       05:13 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

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

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

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                      0.00        0.00
Prepayment Interest Shortfall                   0.00        0.02
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

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

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

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                              10.440462%   0.000000%
Subordinated Unpaid Amounts
Period Ending Class Percentages             0.000000%
Prepayment Percentages                      0.000000%
Trading Factors                             0.000000%
Certificate Denominations                      1,000
Sub-Servicer Fees                               0.00
Master Servicer Fees                            0.00
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       38,534.46       27.32      38,561.78

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 3,771.32                   3,771.32
Total Principal Prepayments                    83.79                      83.79
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         83.79                      83.79
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     3,885.94                   3,885.94

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 34,763.14       27.32      34,790.46
Prepayment Interest Shortfall                   0.73        0.00           0.75
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,552,552.64             117,966,243.36
Curr Period BEGINNING Princ Balance     4,624,127.65               4,624,127.65
Curr Period ENDING Princ Balance        4,619,782.62               4,619,782.62
Change in Principal Balance                 4,345.03                   4,345.03

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     110.239602
Interest Distributed                    1,016.162702
Total Distribution                      1,126.402304
Total Principal Prepayments                 2.449269
Current Period Interest Shortfall
BEGINNING Principal Balance               540.672223
ENDING Principal Balance                  540.164184

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                              10.420462%   0.020000%
Subordinated Unpaid Amounts             2,055,890.54    1,668.48   1,999,398.47
Period Ending Class Percentages           100.000000%
Prepayment Percentages                    100.000000%
Trading Factors                            54.016418%                  3.916190%
Certificate Denominations                    250,000
Sub-Servicer Fees                           1,110.14                   1,110.14
Master Servicer Fees                          439.20                     439.20
Percentage Interest
Curr Period Master Servicer Adv Amt                                        0.00

MISCELLANEOUS POOL DATA

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

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments             316,783.74           2
Loans Delinquent THREE + Payments         647,214.31           3
Total Unpaid Princ on Delinquent Loans    963,998.05           5
Loans in Foreclosure, INCL in Delinq      233,180.47           1
REO/Pending Cash Liquidations             414,033.84           2
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts          25.8411%

Loans in Pool                                     21
Current Period Sub-Servicer Fee             1,110.14
Current Period Master Servicer Fee            439.20

Aggregate REO Losses                   (2,121,839.73)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           12/26/96
MONTHLY Cutoff:                Nov-96
DETERMINATION DATE:          12/20/96
RUN TIME/DATE:               12/11/96       01:29 PM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                             CLASS A
CUSIP Number                          760920BM9
Tot Prin & Int Distributed                776,639.28

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               642,423.96
Total Principal Prepayments               608,461.28
Principal Payoffs-In-Full                 600,508.34
Principal Curtailments                      7,952.94
Principal Liquidations                          0.00
Scheduled Principal Due                    33,962.68

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                134,215.32
Prepayment Interest Shortfall                 761.64
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      20,840,696.59
Current Period ENDING Prin Bal         20,198,272.63
Change in Principal Balance               642,423.96

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       4.797192
Interest Distributed                        1.002230
Total Distribution                          5.799422
Total Principal Prepayments                 4.543581
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               155.624362
ENDING Principal Balance                  150.827170

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.771926%
Subordinated Unpaid Amounts
Period Ending Class Percentages            62.817293%
Prepayment Percentages                    100.000000%
Trading Factors                            15.082717%
Certificate Denominations                      1,000
Sub-Servicer Fees                           6,405.89
Master Servicer Fees                        2,135.30
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 93,976.66       93.90     870,709.84

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                19,074.38                 661,498.34
Total Principal Prepayments                     0.00                 608,461.28
Principal Payoffs-In-Full                       0.00                 600,508.34
Principal Curtailments                          0.00                   7,952.94
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    19,515.24                  53,477.92

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 74,902.28       93.90     209,211.50
Prepayment Interest Shortfall                 437.08        0.56       1,199.28
Unpaid Interest Shortfall Paid                                             0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         14,221,239.46             148,137,911.05
Current Period BEGINNING Prin Bal      11,975,242.74              32,815,939.33
Current Period ENDING Prin Bal         11,955,727.50              32,154,000.13
Change in Principal Balance                19,515.24                 661,939.20

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     335.315006
Interest Distributed                    1,316.732627
Total Distribution                      1,652.047634
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               842.067442
ENDING Principal Balance                  840.695182

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.761926%   0.010000%
Subordinated Unpaid Amounts             1,876,583.18    1,608.25   1,878,191.43
Period Ending Class Percentages            37.182707%
Prepayment Percentages                      0.000000%
Trading Factors                            84.069518%                 21.705450%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,791.76                  10,197.65
Master Servicer Fees                        1,263.92                   3,399.22
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

Initial Special Hazard Amount           1,483,753.94
Current Special Hazard Amount           1,091,196.00
Loans in Pool                                    156
Current Period Sub-Servicer Fee            10,197.65
Current Period Master Servicer Fee          3,399.22

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              835,991.25           3
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         680,963.48           3
Tot Unpaid Prin on Delinquent Loans     1,516,954.73           6
Loans in Foreclosure, INCL in Delinq      680,963.48           3
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            2.7642%
Aggregate REO Losses                   (1,729,398.01)
 ................................................................................

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4A  (POOL  3098)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3098                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BS6   69,922,443.97      9,327,370.95      6.7660        15,115.19  
                                                                                
- --------------------------------------------------------------------------------
                  69,922,443.97      9,327,370.95                    15,115.19  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           52,583.50          0.00        67,698.69        0.00     9,312,255.76
                                                                                
           52,583.50          0.00        67,698.69        0.00     9,312,255.76
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      133.395952   0.216171     0.752026      0.000000      0.968197  133.179781
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    3,604.97 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,949.58 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,999.81 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    295,224.70 
      (B)  TWO MONTHLY PAYMENTS:                                1    245,272.15 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    146,881.38 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,312,255.76 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         9,329,167.90 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  48      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,298.62 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,816.57 
                                                                                
       LOC AMOUNT AVAILABLE                               10,093,057.01         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4436% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7479% 
                                                                                
    POOL TRADING FACTOR                                             0.133179781 

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

Run:        12/27/96     13:40:53                                    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      8,364,313.11      6.9651        13,040.02  
                                                                                
- --------------------------------------------------------------------------------
                  74,994,327.48      8,364,313.11                    13,040.02  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           48,543.38          0.00        61,583.40        0.00     8,351,273.09
                                                                                
           48,543.38          0.00        61,583.40        0.00     8,351,273.09
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      111.532610   0.173880     0.647294      0.000000      0.821174  111.358730
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    3,176.36 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,725.22 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,362.35 
    MASTER SERVICER ADVANCES THIS MONTH                                  769.23 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    341,062.87 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    244,468.43 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,351,273.09 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         8,258,134.05 
                                                                                
    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             105,508.18 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     893.24 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,146.78 
                                                                                
       LOC AMOUNT AVAILABLE                               10,093,057.01         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.6568% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.9549% 
                                                                                
    POOL TRADING FACTOR                                             0.111358730 

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

Run:        12/27/96     13:40:53                                    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      5,872,142.58      7.5666         9,589.34  
                                                                                
- --------------------------------------------------------------------------------
                  37,402,303.81      5,872,142.58                     9,589.34  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           37,016.18          0.00        46,605.52        0.00     5,862,553.24
                                                                                
           37,016.18          0.00        46,605.52        0.00     5,862,553.24
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      156.999489   0.256384     0.989676      0.000000      1.246060  156.743105
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4C (POOL 3100)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,141.77 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,230.59 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,485.65 
    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    444,348.54 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,862,553.24 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         5,869,849.85 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  34      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                   1,683.27 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,906.07 
                                                                                
       LOC AMOUNT AVAILABLE                               10,093,057.01         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2544% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5667% 
                                                                                
    POOL TRADING FACTOR                                             0.156743105 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4D  (POOL  3101)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3101                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BQ0   22,040,775.69      3,205,230.95      7.8020         7,004.75  
                                                                                
- --------------------------------------------------------------------------------
                  22,040,775.69      3,205,230.95                     7,004.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           20,821.61          0.00        27,826.36        0.00     3,198,226.20
                                                                                
           20,821.61          0.00        27,826.36        0.00     3,198,226.20
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      145.422783   0.317809     0.944686      0.000000      1.262495  145.104975
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    1,140.07 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   684.66 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                      656.83 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     82,197.03 
      (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                                                   3,198,226.20 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         3,202,091.07 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  21      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,728.07 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,276.68 
                                                                                
       LOC AMOUNT AVAILABLE                               10,093,057.01         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4787% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8020% 
                                                                                
    POOL TRADING FACTOR                                             0.145104975 

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

Run:        12/27/96     13:40:53                                    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      2,215,837.35      7.6158        94,458.49  
                                                                                
- --------------------------------------------------------------------------------
                  20,728,527.60      2,215,837.35                    94,458.49  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           13,825.73          0.00       108,284.22        0.00     2,121,378.86
                                                                                
           13,825.73          0.00       108,284.22        0.00     2,121,378.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      106.897962   4.556932     0.666990      0.000000      5.223922  102.341030
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4E (POOL 3102)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      791.23 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   453.89 
                                                                                
    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                                                   2,121,378.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         2,124,176.84 
                                                                                
    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                       91,653.26 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       7.25 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,797.98 
                                                                                
       LOC AMOUNT AVAILABLE                               10,093,057.01         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3032% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6158% 
                                                                                
    POOL TRADING FACTOR                                             0.102341030 

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

SEC REPORT
DISTRIBUTION DATE:          12/26/96
MONTHLY Cutoff:               Nov-96
DETERMINATION DATE:         12/20/96
RUN TIME/DATE:              12/13/96       11:26 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A-1    CLASS A-2
CUSIP Number                         760920BZ0      760920CA4
Tot Principal and Interest Distr         317,766.64     4,119.42

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              229,804.79        31.61
Total Principal Prepayments              219,786.75        30.23
Principal Payoffs-In-Full                      0.00         0.00
Principal Curtailments                     2,878.38         0.40
Principal Liquidations                   216,908.37        29.83
Scheduled Principal Due                   10,018.04         1.38

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                87,961.85     4,087.81
Prepayment Interest Shortfall                 12.91         0.60
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     13,414,194.23     1,853.27
Current Period ENDING Prin Bal        13,184,389.44     1,821.66
Change in Principal Balance              229,804.79        31.61
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      2.968735     3.161000
Interest Distributed                       1.136336   408.781000
Total Distribution                         2.839317     3.023000
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                 170.322647   182.166000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                7.8700%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             68.3499%      0.0094%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             17.0323%     18.2166%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          6,073.56         0.84
Master Servicer Fees                       1,350.85         0.19
Current Period Master Servicer Advanc      2,337.22         0.32
Deferred Interest Added to Principal           0.00


                                            CLASS B      CLASS C         TOTALS
CUSIP Number                         NA             NA
Tot Principal and Interest Distr               0.00         0.00     321,886.06

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                    0.00         0.00     229,836.40
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                     0.00         0.00      92,049.66
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      6,208,202.37       157.84  19,624,407.71
Current Period ENDING Prin Bal         6,103,178.51       155.21  19,289,544.82
Change in Principal Balance              105,023.86         2.63     334,862.89
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      0.000000
Interest Distributed                       0.000000
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 822.123697

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                7.8700%      7.8700%
Subordinated Unpaid Amounts            1,835,256.01       541.91
Period Ending Class Percentages             31.6399%      0.0008%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             82.2124%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,810.89                    8,885.29
Master Servicer Fees                         625.18                    1,976.22
Cur Period Master Servicer Advance                                     2,337.54
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        (13,979.17)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment             387,254.44            2
Loans Delinquent TWO Payments                  0.00            0
Loans Delinquent THREE + Payments      2,200,284.99           10
Tot Unpaid Principal on Delinq Loans   2,587,539.43           12
Loans in Foreclosure (incl in delinq)  1,862,835.63            8
REO/Pending Cash Liquidations            337,449.36            2
6 Mo Avg Delinquencies 2+ Payments          12.8463%
Loans in Pool                                    95
Current Period Sub-Servicer Fee            8,885.36
Current Period Master Servicer Fee         1,976.23
Aggregate REO Losses                  (1,713,159.08)
 ................................................................................

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5A  (POOL  3105)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3105                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CC0   87,338,199.16     19,684,499.50      7.4546       333,515.30  
                                                                                
- --------------------------------------------------------------------------------
                  87,338,199.16     19,684,499.50                   333,515.30  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          121,591.02          0.00       455,106.32        0.00    19,350,984.20
                                                                                
          121,591.02          0.00       455,106.32        0.00    19,350,984.20
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      225.382475   3.818665     1.392186      0.000000      5.210851  221.563810
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5A (POOL 3105)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    6,775.82 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 6,066.59 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   14,333.75 
    MASTER SERVICER ADVANCES THIS MONTH                                3,689.42 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    563,425.99 
      (B)  TWO MONTHLY PAYMENTS:                                1    120,924.92 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4  1,135,249.23 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  19,350,984.20 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        18,900,445.65 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  93      
                                                                                
    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             492,838.95 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      301,099.68 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,223.65 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           26,191.97 
                                                                                
       MORTGAGE POOL INSURANCE                             9,067,698.25         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2692% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.4624% 
                                                                                
    POOL TRADING FACTOR                                             0.221563810 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5B  (POOL  3106)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3106                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CE6   62,922,765.27     12,612,521.56      8.2586       398,859.39  
                                                                                
- --------------------------------------------------------------------------------
                  62,922,765.27     12,612,521.56                   398,859.39  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           85,690.68          0.00       484,550.07        0.00    12,213,662.17
                                                                                
           85,690.68          0.00       484,550.07        0.00    12,213,662.17
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      200.444490   6.338873     1.361839      0.000000      7.700712  194.105617
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5B (POOL 3106)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,785.35 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,704.02 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,639.57 
    MASTER SERVICER ADVANCES THIS MONTH                                5,832.85 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    675,828.78 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    174,702.34 
      (D)  LOANS IN FORECLOSURE                                 2    311,151.44 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  12,213,662.17 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        11,509,790.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  76      
                                                                                
    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             720,463.36 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      383,111.65 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,907.49 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,840.25 
                                                                                
       MORTGAGE POOL INSURANCE                             9,067,698.25         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1115% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.194105617 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-7  (POOL  3108)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3108                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CG1  120,931,254.07      3,995,271.11     10.0000       207,071.75  
                                                                                
- --------------------------------------------------------------------------------
                 120,931,254.07      3,995,271.11                   207,071.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           33,285.78          0.00       240,357.53      363.15     3,787,836.21
                                                                                
           33,285.78          0.00       240,357.53      363.15     3,787,836.21
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       33.037540   1.712310     0.275245      0.000000      1.987555   31.322227
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-7 (POOL 3108)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,224.95 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,619.12 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,206.44 
    MASTER SERVICER ADVANCES THIS MONTH                                2,397.46 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    547,333.14 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    371,317.14 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,787,836.21 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         3,529,729.20 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  17      
                                                                                
    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             262,832.11 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     977.49 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             203,527.17 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,567.09 
                                                                                
       MORTGAGE POOL INSURANCE                             2,799,081.83         
       SPECIAL HAZARD LOSS COVERAGE                        1,516,886.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6702% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.031322227 

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


Run:        12/27/96     12:59:00                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,260,403.25     9.000000  %    555,203.62
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         8,672.88  1237.750000  %        452.20
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           434.98     0.521319  %         22.68
B                  17,727,586.62     6,362,621.72    10.000000  %          0.00
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                  262,737,586.62    17,020,132.83                    555,678.50
===============================================================================
_______________________________________________________________________________
                                                                      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        61,683.31    616,886.93             0.00         0.00   7,705,199.63
A-5        17,832.03     17,832.03             0.00         0.00   2,388,000.00
A-6         8,906.77      9,358.97             0.00         0.00       8,220.68
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        7,361.91      7,384.59             0.00         0.00         412.30
B          42,837.59     42,837.59             0.00   222,712.83   6,149,866.17
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          138,621.61    694,300.11             0.00   222,712.83  16,251,698.78
===============================================================================
_______________________________________________________________________________



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    425.049051  28.568674     3.173989    31.742663   0.000000    396.480376
A-5   1000.000000   0.000000     7.467349     7.467349   0.000000   1000.000000
A-6     86.728800   4.522000    89.067700    93.589700   0.000000     82.207000
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    43.498000   2.268000   736.191000   738.459000   0.000000     41.230000
B    89727.691880   0.000000   604.109162   604.109162   0.000000  86727.346220

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:01                                        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                        4,992.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,683.14

SUBSERVICER ADVANCES THIS MONTH                                       49,658.74
MASTER SERVICER ADVANCES THIS MONTH                                    4,854.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     157,461.02

 (B)  TWO MONTHLY PAYMENTS:                                    2     931,181.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     359,397.59


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                      3,773,666.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      16,251,698.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           62

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                 499,338.89

REMAINING SUBCLASS INTEREST SHORTFALL                                  9,953.67

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      199,308.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          62.61708540 %    37.38291460 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.15862570 %    37.84137430 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5140 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.01478486
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              267.23

POOL TRADING FACTOR:                                                 6.18552488

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

Run:        12/27/96     13:40:53                                    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      4,810,944.15     10.5000         4,256.22  
                                                                                
- --------------------------------------------------------------------------------
                 193,971,603.35      4,810,944.15                     4,256.22  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           42,095.76          0.00        46,351.98        0.00     4,806,687.93
                                                                                
           42,095.76          0.00        46,351.98        0.00     4,806,687.93
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       24.802312   0.021942     0.217020      0.000000      0.238962   24.780369
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    1,651.47 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,219.33 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   22,602.06 
    MASTER SERVICER ADVANCES THIS MONTH                                1,599.91 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    921,757.39 
      (B)  TWO MONTHLY PAYMENTS:                                1    211,627.96 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4  1,114,762.90 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,806,687.93 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         4,655,231.76 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  17      
                                                                                
    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             167,860.67 
                                                                                
    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            4,256.22 
                                                                                
       MORTGAGE POOL INSURANCE                             1,550,531.83         
       SPECIAL HAZARD LOSS COVERAGE                        1,148,314.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                              366,957.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.5005% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.024780369 

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

Run:        12/27/96     13:40:53                                    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      9,530,040.52      7.3730        13,259.80  
                                                                                
- --------------------------------------------------------------------------------
                  46,306,707.62      9,530,040.52                    13,259.80  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           58,549.15          0.00        71,808.95        0.00     9,516,780.72
                                                                                
           58,549.15          0.00        71,808.95        0.00     9,516,780.72
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      205.802593   0.286347     1.264377      0.000000      1.550724  205.516246
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    3,491.73 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,044.30 
                                                                                
    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                                                   9,516,780.72 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         9,529,081.82 
                                                                                
    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                     815.73 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,444.07 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2429% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3968% 
                                                                                
    POOL TRADING FACTOR                                             0.205516246 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3B  (POOL  3119)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3119                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DC9   19,212,019.52      3,025,272.92      7.6435         6,038.37  
                                                                                
- --------------------------------------------------------------------------------
                  19,212,019.52      3,025,272.92                     6,038.37  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,257.20          0.00        25,295.57        0.00     3,019,234.55
                                                                                
           19,257.20          0.00        25,295.57        0.00     3,019,234.55
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      157.467721   0.314302     1.002352      0.000000      1.316654  157.153419
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3B (POOL 3119)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,007.05 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   957.93 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   3,019,234.55 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         3,023,018.98 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  17      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,967.07 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,071.30 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4178% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6434% 
                                                                                
    POOL TRADING FACTOR                                             0.157153419 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3C  (POOL  3120)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3120                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DD7   15,507,832.37      2,561,847.28      8.2500       199,309.84  
                                                                                
- --------------------------------------------------------------------------------
                  15,507,832.37      2,561,847.28                   199,309.84  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           17,610.64          0.00       216,920.48        0.00     2,362,537.44
                                                                                
           17,610.64          0.00       216,920.48        0.00     2,362,537.44
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      165.196993  12.852205     1.135596      0.000000     13.987801  152.344788
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
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  1990-3C (POOL 3120)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,088.34 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   802.63 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,362,537.44 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         2,364,430.14 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  10      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     300.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                  196,396.99 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,612.85 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,564,361.10         
       BANKRUPTCY AMOUNT AVAILABLE                           102,949.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,052,184.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0965% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.152344788 

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

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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     12,873,790.90      9.9160       226,778.18  
                                                                                
- --------------------------------------------------------------------------------
                 199,971,518.09     12,873,790.90                   226,778.18  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          106,260.76          0.00       333,038.94        0.00    12,647,012.72
                                                                                
          106,260.76          0.00       333,038.94        0.00    12,647,012.72
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       64.378123   1.134052     0.531379      0.000000      1.665431   63.244070
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
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  1990-5 (POOL 3126)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,680.24 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,510.92 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   25,416.55 
    MASTER SERVICER ADVANCES THIS MONTH                               18,703.79 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7  1,696,755.35 
      (B)  TWO MONTHLY PAYMENTS:                                1    264,209.05 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    444,438.08 
      (D)  LOANS IN FORECLOSURE                                 3    631,528.52 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  12,647,012.72 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        10,672,691.86 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  43      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              7      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS           1,989,854.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,043.03 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             212,787.81 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,947.34 
                                                                                
       LOC AMOUNT AVAILABLE                                3,431,727.64         
       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                        10.7526% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.8277% 
                                                                                
    POOL TRADING FACTOR                                             0.063244070 

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

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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      4,596,952.02      9.5000         6,160.51  
S     760920DL9            0.00              0.00      0.8839             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 100,033,801.56      4,596,952.02                     6,160.51  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          36,375.33          0.00        42,535.84        0.00     4,590,791.51
S           3,384.44          0.00         3,384.44        0.00             0.00
                                                                                
           39,759.77          0.00        45,920.28        0.00     4,590,791.51
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      45.953987   0.061584     0.363630      0.000000      0.425214   45.892403
S       0.000000   0.000000     0.033833      0.000000      0.033833    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    1,218.72 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   497.66 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,598.88 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    832,027.38 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    287,704.27 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,590,791.51 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         4,596,441.65 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  18      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                   2,154.11 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,006.40 
                                                                                
       LOC AMOUNT AVAILABLE                                5,513,467.33         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       722,237.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.8270% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.045892403 

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

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                    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      3,809,420.93     10.5000       374,447.07  
S     760920ED6            0.00              0.00      0.6210             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  95,187,660.42      3,809,420.93                   374,447.07  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          31,554.87          0.00       406,001.94        0.00     3,434,973.86
S           1,866.25          0.00         1,866.25        0.00             0.00
                                                                                
           33,421.12          0.00       407,868.19        0.00     3,434,973.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      40.020113   3.933777     0.331502      0.000000      4.265279   36.086336
S       0.000000   0.000000     0.019606      0.000000      0.019606    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
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  1990-8 (POOL 3129)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,130.82 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   310.94 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                6,072.13 
                                                                                
                                                            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                                                   3,434,973.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         2,811,866.62 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  12      
                                                                                
    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             624,698.82 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      372,046.22 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      17.23 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,383.62 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       1,846,428.42         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                226,282.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,396,176.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.7567% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.036086336 

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


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               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S14 (POOL # 4027)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4027 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920FU7    98,165,276.00     2,207,728.05     9.500000  %    202,781.75
I     760920FV5        10,000.00           668.11     0.500000  %         18.82
B                  11,825,033.00     5,140,698.14     9.500000  %      4,221.64
S     760920FW3             0.00             0.00     0.125759  %          0.00

- -------------------------------------------------------------------------------
                  110,000,309.00     7,349,094.30                    207,022.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          17,331.45    220,113.20             0.00         0.00   2,004,946.30
I           3,036.47      3,055.29             0.00         0.00         649.29
B          40,356.29     44,577.93             0.00         0.00   5,136,476.50
S             768.97        768.97             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           61,493.18    268,515.39             0.00         0.00   7,142,072.09
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       22.489908   2.065718     0.176554     2.242272   0.000000     20.424191
I       66.811000   1.882000   303.647000   305.529000   0.000000     64.929000
B      434.730131   0.357009     3.412785     3.769794   0.000000    434.373122

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

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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                        2,085.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       760.39

SUBSERVICER ADVANCES THIS MONTH                                        4,580.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     259,346.40

 (B)  TWO MONTHLY PAYMENTS:                                    1     237,277.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       7,142,072.09

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      200,986.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          30.04990910 %    69.95009090 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             28.08142460 %    71.91857540 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1293 %

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                         10.59960523
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              284.27

POOL TRADING FACTOR:                                                 6.49277457


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

Run:        12/27/96     13:40:53                                    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     23,602,044.75      7.3601       256,438.82  
                                                                                
- --------------------------------------------------------------------------------
                 190,576,742.37     23,602,044.75                   256,438.82  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          144,682.60          0.00       401,121.42        0.00    23,345,605.93
                                                                                
          144,682.60          0.00       401,121.42        0.00    23,345,605.93
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      123.845357   1.345593     0.759183      0.000000      2.104776  122.499764
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-R16 (POOL 2009)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,048.16 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 6,133.64 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   12,118.86 
    MASTER SERVICER ADVANCES THIS MONTH                                5,210.04 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    610,624.92 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4    872,985.11 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  23,345,605.93 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        22,695,053.37 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  91      
                                                                                
    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             684,294.93 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  12,854.81 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             211,352.46 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           32,231.55 
                                                                                
       LOC AMOUNT AVAILABLE                                3,116,217.55         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                336,386.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,457,325.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.0906% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3506% 
                                                                                
    POOL TRADING FACTOR                                             0.122499764 

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

Run:        12/27/96     13:40:53                                    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     31,241,209.85      6.6542       296,859.95  
                                                                                
- --------------------------------------------------------------------------------
                 139,233,192.04     31,241,209.85                   296,859.95  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          173,210.22          0.00       470,070.17        0.00    30,944,349.90
                                                                                
          173,210.22          0.00       470,070.17        0.00    30,944,349.90
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      224.380476   2.132106     1.244030      0.000000      3.376136  222.248369
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-4 (POOL 3151)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   11,079.46 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 9,406.79 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   39,487.97 
    MASTER SERVICER ADVANCES THIS MONTH                                6,326.76 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 7  1,682,552.84 
      (B)  TWO MONTHLY PAYMENTS:                                1    295,350.40 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    800,204.57 
      (D)  LOANS IN FORECLOSURE                                 4    998,304.62 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  30,944,349.90 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        30,019,736.38 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 116      
                                                                                
    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             973,592.38 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   4,969.74 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             253,090.65 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           38,799.56 
                                                                                
       LOC AMOUNT AVAILABLE                                2,892,640.84         
       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                         7.3960% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6111% 
                                                                                
    POOL TRADING FACTOR                                             0.222248369 

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

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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     39,497,388.93      5.8930       254,711.82  
S     760920JG4            0.00              0.00      0.5500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 180,816,953.83     39,497,388.93                   254,711.82  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         193,036.26          0.00       447,748.08        0.00    39,242,677.11
S          18,016.28          0.00        18,016.28        0.00             0.00
                                                                                
          211,052.54          0.00       465,764.36        0.00    39,242,677.11
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     218.438526   1.408672     1.067578      0.000000      2.476250  217.029854
S       0.000000   0.000000     0.099638      0.000000      0.099638    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-R9 (POOL 2014)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   13,165.80 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                11,548.16 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,307.54 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    560,234.57 
      (B)  TWO MONTHLY PAYMENTS:                                1    273,840.71 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  39,242,677.11 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        39,304,176.74 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 153      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                 190,209.66 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           64,502.16 
                                                                                
       LOC AMOUNT AVAILABLE                                2,502,726.14         
       BANKRUPTCY AMOUNT AVAILABLE                         1,022,179.00         
       FRAUD AMOUNT AVAILABLE                                614,130.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,721,189.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.1497% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               5.8797% 
                                                                                
    POOL TRADING FACTOR                                             0.217029854 

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


Run:        12/27/96     12:59:03                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-S11 (POOL # 4037)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4037 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920JY5    41,630,000.00             0.00    10.000000  %          0.00
A-2   760920JZ2     8,734,000.00     1,011,535.65    10.000000  %        733.23
A-3   760920KA5    62,000,000.00     1,245,238.87    10.000000  %        902.65
A-4   760920KB3        10,000.00           190.04     0.697900  %          0.14
B                  10,439,807.67     1,867,294.49    10.000000  %      1,341.15
R                           0.00            10.80    10.000000  %          0.01

- -------------------------------------------------------------------------------
                  122,813,807.67     4,124,269.85                      2,977.18
===============================================================================
_______________________________________________________________________________
                                                                      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         8,429.43      9,162.66             0.00         0.00   1,010,802.42
A-3        10,376.95     11,279.60             0.00         0.00   1,244,336.22
A-4         2,398.60      2,398.74             0.00         0.00         189.90
B          15,560.65     16,901.80             0.00         0.00   1,865,953.34
R               1.67          1.68             0.00         0.00          10.79

- -------------------------------------------------------------------------------
           36,767.30     39,744.48             0.00         0.00   4,121,292.67
===============================================================================
_______________________________________________________________________________



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    115.815852   0.083951     0.965128     1.049079   0.000000    115.731901
A-3     20.084498   0.014559     0.167370     0.181929   0.000000     20.069939
A-4     19.004000   0.014000   239.860000   239.874000   0.000000     18.990000
B      178.862921   0.128466     1.490510     1.618976   0.000000    178.734456

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:03                                        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                        1,499.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       407.52

SUBSERVICER ADVANCES THIS MONTH                                        4,525.97
MASTER SERVICER ADVANCES THIS MONTH                                    2,031.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     239,949.66

 (B)  TWO MONTHLY PAYMENTS:                                    1     232,410.20

 (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                                                       4,121,292.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           17

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                 213,380.81

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                           15.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          54.72424070 %    45.27575930 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             54.72407590 %    45.27592410 %

CLASS A-4  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6979 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.28600348
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                               14.86

POOL TRADING FACTOR:                                                 3.35572420


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


Run:        12/27/96     12:58:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    12,105,210.24     7.053445  %    344,728.95
R     760920KT4           100.00             0.00     7.053445  %          0.00
B                  10,120,256.77     6,955,387.68     7.053445  %          0.00

- -------------------------------------------------------------------------------
                  155,696,256.77    19,060,597.92                    344,728.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          70,136.59    414,865.54             0.00         0.00  11,760,481.29
R               0.00          0.00             0.00         0.00           0.00
B          32,489.77     32,489.77             0.00    18,083.83   6,945,113.02

- -------------------------------------------------------------------------------
          102,626.36    447,355.31             0.00    18,083.83  18,705,594.31
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       83.153944   2.368036     0.481787     2.849823   0.000000     80.785908
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      687.273835   0.000000     3.210370     3.210370   0.000000    686.258578

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:58:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R13 (POOL # 2015)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 2015 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,336.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,988.37

SPREAD                                                                 3,520.50

SUBSERVICER ADVANCES THIS MONTH                                        5,694.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     295,201.38

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        494,314.12

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,705,594.31

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           74

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                  7,809.17

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      326,846.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.50907930 %    36.49092070 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.87146560 %    37.12853440 %

      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                          7.81386534
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              266.09

POOL TRADING FACTOR:                                                12.01415801


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


Run:        12/27/96     12:58:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    21,462,874.44     6.190418  %    219,877.45
R     760920KR8           100.00             0.00     6.190418  %          0.00
B                   9,358,525.99     8,227,876.32     6.190418  %     15,618.69

- -------------------------------------------------------------------------------
                  120,755,165.99    29,690,750.76                    235,496.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         110,493.07    330,370.52             0.00         0.00  21,242,996.99
R               0.00          0.00             0.00         0.00           0.00
B          42,357.94     57,976.63             0.00         0.00   8,212,257.63

- -------------------------------------------------------------------------------
          152,851.01    388,347.15             0.00         0.00  29,455,254.62
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      192.670925   1.973827     0.991890     2.965717   0.000000    190.697099
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      879.185069   1.668926     4.526134     6.195060   0.000000    877.516143

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:58:59                                        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                        9,909.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,106.04

SPREAD                                                                 5,555.46

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                    1,917.10


                                                          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


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      29,455,254.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          120

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 268,046.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      179,135.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.28808260 %    27.71191740 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.11954970 %    27.88045030 %

      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                          6.92061750
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              247.58

POOL TRADING FACTOR:                                                24.39254203


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


Run:        12/27/96     12:59:04                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-20 (POOL # 4043)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4043 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920LZ9    28,246,162.00             0.00     9.000000  %          0.00
A-2   760920MA3    42,369,243.90     7,529,089.74     9.000000  %      6,217.09
S     760920LY2        10,000.00         1,066.24     0.711658  %          0.88
R                           0.00             0.00     9.000000  %          0.00

- -------------------------------------------------------------------------------
                   70,625,405.90     7,530,155.98                      6,217.97
===============================================================================
_______________________________________________________________________________
                                                                      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        56,467.12     62,684.21             0.00         0.00   7,522,872.65
S           4,465.67      4,466.55             0.00         0.00       1,065.36
R               8.00          8.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           60,940.79     67,158.76             0.00         0.00   7,523,938.01
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    177.701772   0.146736     1.332738     1.479474   0.000000    177.555037
S      106.624000   0.088000   446.567000   446.655000   0.000000    106.536000

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:04                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-20 (POOL # 4043)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4043 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,882.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       785.52

SUBSERVICER ADVANCES THIS MONTH                                       10,928.23
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     501,250.08

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     725,847.81


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       7,523,937.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           25

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          135.88

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                  0.7117 %

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                         10.13673019
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.59

POOL TRADING FACTOR:                                                10.65330230


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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21A  (POOL  3152)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3152                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MK1  114,708,718.07     29,907,896.40      6.6465        37,568.97  
S     760920ML9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 114,708,718.07     29,907,896.40                    37,568.97  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         165,646.20          0.00       203,215.17        0.00    29,870,327.43
S           6,230.58          0.00         6,230.58        0.00             0.00
                                                                                
          171,876.78          0.00       209,445.75        0.00    29,870,327.43
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     260.729061   0.327516     1.444059      0.000000      1.771575  260.401545
S       0.000000   0.000000     0.054317      0.000000      0.054317    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21A (POOL 3152)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,267.14 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,992.20 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   19,894.27 
    MASTER SERVICER ADVANCES THIS MONTH                                8,795.88 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 6  2,361,407.95 
      (B)  TWO MONTHLY PAYMENTS:                                1    263,397.98 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    637,372.91 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  29,870,327.43 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        28,671,301.16 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 100      
                                                                                
    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           1,242,641.30 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,116.89 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           36,452.08 
                                                                                
       LOC AMOUNT AVAILABLE                               14,653,506.88         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3747% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6117% 
                                                                                
    POOL TRADING FACTOR                                             0.260401545 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21B  (POOL  3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3153                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MM7   56,810,233.31     15,215,611.62      7.5313       298,088.86  
S     760920MN5            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,810,233.31     15,215,611.62                   298,088.86  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          94,700.48          0.00       392,789.34        0.00    14,917,522.76
S           3,143.56          0.00         3,143.56        0.00             0.00
                                                                                
           97,844.04          0.00       395,932.90        0.00    14,917,522.76
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     267.832233   5.247098     1.666962      0.000000      6.914060  262.585135
S       0.000000   0.000000     0.055334      0.000000      0.055334    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21B (POOL 3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,271.35 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,943.89 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,619.87 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    310,672.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    264,407.01 
      (D)  LOANS IN FORECLOSURE                                 1    172,020.22 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  14,917,522.76 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        14,937,102.49 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  62      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      279,065.91 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,943.35 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,079.60 
                                                                                
       LOC AMOUNT AVAILABLE                               14,653,506.88         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2763% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5319% 
                                                                                
    POOL TRADING FACTOR                                             0.262585135 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-21C  (POOL  3154)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3154                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920MB1   23,305,328.64      5,500,069.94      8.2500       146,379.57  
S     760920MC9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  23,305,328.64      5,500,069.94                   146,379.57  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          37,812.98          0.00       184,192.55        0.00     5,353,690.37
S           1,145.85          0.00         1,145.85        0.00             0.00
                                                                                
           38,958.83          0.00       185,338.40        0.00     5,353,690.37
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     236.000531   6.280949     1.622504      0.000000      7.903453  229.719583
S       0.000000   0.000000     0.049167      0.000000      0.049167    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21C (POOL 3154)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,977.39 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   558.23 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,008.51 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    188,737.26 
      (B)  TWO MONTHLY PAYMENTS:                                1     89,070.95 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    468,066.36 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,353,690.37 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         5,369,433.04 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  30      
                                                                                
    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                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             141,107.75 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,271.82 
                                                                                
       LOC AMOUNT AVAILABLE                               14,653,506.88         
       BANKRUPTCY AMOUNT AVAILABLE                         1,306,278.00         
       FRAUD AMOUNT AVAILABLE                                669,363.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,890,846.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.0678% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.229719583 

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

Run:        12/27/96     13:40:53                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25A  (POOL  3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3159                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920NV6   56,799,660.28     15,462,188.45      6.6234       386,478.04  
S     760920NX2            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,799,660.28     15,462,188.45                   386,478.04  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          85,335.72          0.00       471,813.76        0.00    15,075,710.41
S           3,543.09          0.00         3,543.09        0.00             0.00
                                                                                
           88,878.81          0.00       475,356.85        0.00    15,075,710.41
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     272.223256   6.804232     1.502398      0.000000      8.306630  265.419024
S       0.000000   0.000000     0.062379      0.000000      0.062379    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-25A (POOL 3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    4,946.62 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,296.67 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,074.98 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    388,258.19 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    335,210.41 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  15,075,710.41 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        15,094,871.80 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  56      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,417.07 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                  367,016.22 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           18,044.75 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                527,884.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.3734% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6234% 
                                                                                
    POOL TRADING FACTOR                                             0.265419024 

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

Run:        12/27/96     13:40:53                                    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     22,367,109.29      7.5437        28,084.70  
S     760920NY0            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  79,584,135.22     22,367,109.29                    28,084.70  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         140,588.48          0.00       168,673.18        0.00    22,339,024.59
S           5,125.05          0.00         5,125.05        0.00             0.00
                                                                                
          145,713.53          0.00       173,798.23        0.00    22,339,024.59
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     281.049850   0.352893     1.766539      0.000000      2.119432  280.696957
S       0.000000   0.000000     0.064398      0.000000      0.064398    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    5,844.60 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,242.71 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,532.85 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    451,122.19 
      (B)  TWO MONTHLY PAYMENTS:                                1    270,290.76 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  22,339,024.59 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        22,363,538.06 
                                                                                
    AGGREGATE NUMBER 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 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,233.66 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           24,851.04 
                                                                                
       LOC AMOUNT AVAILABLE                               13,882,257.19         
       BANKRUPTCY AMOUNT AVAILABLE                           951,412.00         
       FRAUD AMOUNT AVAILABLE                                527,884.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,883,017.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3052% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5438% 
                                                                                
    POOL TRADING FACTOR                                             0.280696957 

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


Run:        12/27/96     12:59:05                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    14,872,806.09     6.637500  %    314,950.78
A-7   760920SA7     5,940,500.00     3,305,745.78    19.629070  %     70,003.42
A-8   760920SL3    45,032,000.00     2,542,154.27     9.000000  %     52,021.10
A-9   760920SB5             0.00             0.00     0.099789  %          0.00
R-I   760920SJ8           500.00            28.22     9.000000  %          0.58
R-II  760920SK5       300,629.00       463,713.19     9.000000  %          0.00
M     760920SH2    10,142,260.00     7,917,312.95     9.000000  %     50,160.73
B                  20,284,521.53    15,595,651.21     9.000000  %     14,657.03

- -------------------------------------------------------------------------------
                  405,690,410.53    44,697,411.71                    501,793.64
===============================================================================
_______________________________________________________________________________
                                                                      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        82,085.03    397,035.81             0.00         0.00  14,557,855.31
A-7        53,955.49    123,958.91             0.00         0.00   3,235,742.36
A-8        19,024.40     71,045.50             0.00         0.00   2,490,133.17
A-9         3,708.78      3,708.78             0.00         0.00           0.00
R-I             0.21          0.79             0.00         0.00          27.64
R-II            0.00          0.00         3,470.23         0.00     467,183.42
M          59,249.79    109,410.52             0.00         0.00   7,867,152.22
B         116,711.20    131,368.23             0.00         0.00  15,496,843.79

- -------------------------------------------------------------------------------
          334,734.90    836,528.54         3,470.23         0.00  44,114,937.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    580.923603  12.301804     3.206196    15.508000   0.000000    568.621799
A-7    556.476017  11.784096     9.082651    20.866747   0.000000    544.691922
A-8     56.452173   1.155203     0.422464     1.577667   0.000000     55.296970
R-I     56.440000   1.160000     0.420000     1.580000   0.000000     55.280000
R-II  1542.476574   0.000000     0.000000     0.000000  11.543231   1554.019805
M      780.626108   4.945715     5.841873    10.787588   0.000000    775.680393
B      768.844914   0.722572     5.753707     6.476279   0.000000    763.973839

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:05                                        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                       13,509.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,667.11

SUBSERVICER ADVANCES THIS MONTH                                       53,016.45
MASTER SERVICER ADVANCES THIS MONTH                                    1,822.17


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,282,189.19

 (B)  TWO MONTHLY PAYMENTS:                                    2     437,961.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     703,465.84


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                      3,854,279.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,114,937.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          172

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                 216,560.95

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      299,289.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         47.39524450 %    17.71313500 %   34.89162040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            47.03835680 %    17.83330680 %   35.12833640 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.100271 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.59197342
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              285.27

POOL TRADING FACTOR:                                                10.87404010



FIXED STRIP INTEREST ON CLASS A-7:                                          0.00
INVERSE LIBOR INTEREST ON CLASS A-7:                                   53,955.49
TOTAL INTEREST DISTRIBUTION TO CLASS A-7:                              53,955.49


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


Run:        12/27/96     12:59:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     8,762,808.74     6.487500  %    202,478.12
A-6   760920TY4     3,789,773.00     2,577,296.94    15.341500  %     59,552.40
A-7   760920UA4        10,000.00           747.89  7590.550000  %         17.28
A-8   760920TZ1             0.00             0.00     0.050596  %          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     3,072,597.14     9.000000  %      3,035.74
B                   8,174,757.92     5,244,109.64     9.000000  %      5,181.21

- -------------------------------------------------------------------------------
                  163,495,140.92    19,657,560.35                    270,264.75
===============================================================================
_______________________________________________________________________________
                                                                      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             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        46,869.81    249,347.93             0.00         0.00   8,560,330.62
A-6        32,599.04     92,151.44             0.00         0.00   2,517,744.54
A-7         4,680.41      4,697.69             0.00         0.00         730.61
A-8           820.01        820.01             0.00         0.00           0.00
R-I             2.13          2.13             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          22,799.26     25,835.00             0.00         0.00   3,069,561.40
B          38,912.29     44,093.50             0.00         0.00   5,238,928.43

- -------------------------------------------------------------------------------
          146,682.95    416,947.70             0.00         0.00  19,387,295.60
===============================================================================
_______________________________________________________________________________



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    680.066307  15.713974     3.637484    19.351458   0.000000    664.352333
A-6    680.066310  15.713975     8.601845    24.315820   0.000000    664.352335
A-7     74.789000   1.728000   468.041000   469.769000   0.000000     73.061000
R-I      0.000000   0.000000    21.300000    21.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      835.130283   0.825113     6.196827     7.021940   0.000000    834.305171
B      641.500298   0.633806     4.760054     5.393860   0.000000    640.866492

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:07                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S1 (POOL # 4051)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4051 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,962.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,060.47

SUBSERVICER ADVANCES THIS MONTH                                       25,360.98
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,238,183.04

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,836,876.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,387,295.60

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      250,842.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.69207050 %    15.63061300 %   26.67731680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            57.14466830 %    15.83284984 %   27.02248180 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0513 %

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

      * ADJUSTED IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.48229058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.83

POOL TRADING FACTOR:                                                11.85802556


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


Run:        12/27/96     12:59:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     3,493,471.18     8.000000  %    572,427.87
A-9   760920TP3     6,191,000.00     6,191,000.00     8.000000  %          0.00
A-10  760920TJ7    19,111,442.00    19,111,442.00     8.000000  %          0.00
A-11  760920TD0    30,157,000.00             0.00     6.800000  %          0.00
A-12  760920TK4    24,904,800.00             0.00     0.000000  %          0.00
A-13  760920TE8     6,226,200.00             0.00     0.000000  %          0.00
A-14  760920TL2    36,520,000.00             0.00     6.850000  %          0.00
A-15  760920SX7    17,599,000.00     3,598,732.34     8.000000  %     68,385.68
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           665.00     8.000000  %         12.64
A-18  760920UR7             0.00             0.00     0.167974  %          0.00
R-I   760920TR9        38,000.00         4,751.31     8.000000  %          0.00
R-II  760920TS7       702,000.00       978,028.64     8.000000  %          0.00
M     760920TQ1    12,177,000.00    11,001,390.02     8.000000  %     43,280.91
B                  27,060,001.70    23,458,897.77     8.000000  %     71,876.70

- -------------------------------------------------------------------------------
                  541,188,443.70    67,838,378.26                    755,983.80
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        23,200.87    595,628.74             0.00         0.00   2,921,043.31
A-9        41,115.72     41,115.72             0.00         0.00   6,191,000.00
A-10      126,923.05    126,923.05             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       23,899.93     92,285.61             0.00         0.00   3,530,346.66
A-16       28,161.23     28,161.23             0.00         0.00           0.00
A-17            4.41         17.05             0.00         0.00         652.36
A-18        9,460.69      9,460.69             0.00         0.00           0.00
R-I             0.00          0.00            31.68         0.00       4,782.99
R-II            0.00          0.00         6,520.19         0.00     984,548.83
M          73,070.76    116,351.67             0.00         0.00  10,958,109.11
B         155,813.02    227,689.72             0.00         0.00  23,366,607.39

- -------------------------------------------------------------------------------
          481,649.68  1,237,633.48         6,551.87         0.00  67,068,532.65
===============================================================================

































Run:        12/27/96     12:59:07
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    192.287053  31.507479     1.277018    32.784497   0.000000    160.779575
A-9   1000.000000   0.000000     6.641208     6.641208   0.000000   1000.000000
A-10  1000.000000   0.000000     6.641207     6.641207   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   204.485047   3.885771     1.358028     5.243799   0.000000    200.599276
A-17    66.500000   1.264000     0.441000     1.705000   0.000000     65.236000
R-I    125.034474   0.000000     0.000000     0.000000   0.833684    125.868158
R-II  1393.203191   0.000000     0.000000     0.000000   9.288020   1402.491211
M      903.456518   3.554316     6.000719     9.555035   0.000000    899.902202
B      866.921519   2.656197     5.758056     8.414253   0.000000    863.510936

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S2 (POOL # 4052)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4052 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,835.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,100.12

SUBSERVICER ADVANCES THIS MONTH                                       30,973.30
MASTER SERVICER ADVANCES THIS MONTH                                    1,761.43


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,781,731.30

 (B)  TWO MONTHLY PAYMENTS:                                    2     565,877.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     216,679.32


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,312,440.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,068,532.65

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

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                 213,940.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      502,960.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         49.20237090 %    16.21705900 %   34.58056980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            48.82142920 %    16.33867430 %   34.83989650 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1675 %
CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  8.0000 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14761557
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.77

POOL TRADING FACTOR:                                                12.39282424


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


Run:        12/27/96     12:59:09                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S3 (POOL # 4053)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4053 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920UK2    10,820,000.00             0.00     7.500000  %          0.00
A-2   760920UL0    26,800,000.00             0.00     7.500000  %          0.00
A-3   760920UM8    25,330,000.00             0.00     7.500000  %          0.00
A-4   760920UN6    15,000,000.00     3,762,516.57     7.500000  %     22,307.91
A-5   760920UP1     8,110,000.00     4,534,028.14     7.500000  %     26,882.19
A-6   760920UQ9    74,560,000.00     2,102,089.49     7.500000  %     12,463.26
A-7   760920UE6     4,915,714.00             0.00     0.000000  %          0.00
A-8   760920UF3     1,966,286.00             0.00     0.000000  %          0.00
A-9   760920UH9             0.00             0.00     0.500000  %          0.00
A-10  760920UG1             0.00             0.00     0.390074  %          0.00
R     760920UJ5           100.00             0.00     7.500000  %          0.00
B                   8,816,068.76     6,763,305.81     7.500000  %     37,856.94

- -------------------------------------------------------------------------------
                  176,318,168.76    17,161,940.01                     99,510.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        23,511.01     45,818.92             0.00         0.00   3,740,208.66
A-5        28,331.99     55,214.18             0.00         0.00   4,507,145.95
A-6        13,135.42     25,598.68             0.00         0.00   2,089,626.23
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         7,149.37      7,149.37             0.00         0.00           0.00
A-10        5,577.56      5,577.56             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          42,262.19     80,119.13             0.00         0.00   6,725,448.87

- -------------------------------------------------------------------------------
          119,967.54    219,477.84             0.00         0.00  17,062,429.71
===============================================================================
_______________________________________________________________________________



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    250.834438   1.487194     1.567401     3.054595   0.000000    249.347244
A-5    559.066355   3.314697     3.493463     6.808160   0.000000    555.751658
A-6     28.193260   0.167157     0.176172     0.343329   0.000000     28.026103
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      767.156654   4.294085     4.793767     9.087852   0.000000    762.862570

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:10                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S3 (POOL # 4053)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4053 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,315.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,811.79

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                                                      17,062,429.71

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        3,448.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          60.59125130 %    39.40874870 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             60.58328750 %    39.41671250 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3901 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.88685099
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.32

POOL TRADING FACTOR:                                                 9.67706835


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


Run:        12/27/96     12:59:11                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     7,960,694.96     8.084995  %    793,320.20
R                         100.00             0.00     8.084995  %          0.00
B                   5,302,117.23     4,182,942.19     8.084995  %     22,443.81

- -------------------------------------------------------------------------------
                  106,042,332.23    12,143,637.15                    815,764.01
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          52,521.18    845,841.38             0.00         0.00   7,167,374.76
R               0.00          0.00             0.00         0.00           0.00
B          27,597.21     50,041.02             0.00         0.00   4,160,498.38

- -------------------------------------------------------------------------------
           80,118.39    895,882.40             0.00         0.00  11,327,873.14
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       79.022095   7.874919     0.521353     8.396272   0.000000     71.147177
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      788.919220   4.232990     5.204942     9.437932   0.000000    784.686230

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:11                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S4 (POOL # 4054)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4054 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,086.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,408.78

SUBSERVICER ADVANCES THIS MONTH                                       12,851.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      39,298.05

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     196,905.35


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        879,769.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      11,327,873.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           61

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      750,606.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          65.55445340 %    34.44554660 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             63.27202530 %    36.72797470 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.62043282
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.68

POOL TRADING FACTOR:                                                10.68240664



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                 -0.0045


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


Run:        12/27/96     12:59:12                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     6,560,967.56     7.500000  %     37,459.84
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     0.427362  %          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     4,395,484.15     7.500000  %     23,481.41

- -------------------------------------------------------------------------------
                  116,500,312.92    10,956,451.71                     60,941.25
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        40,997.19     78,457.03             0.00         0.00   6,523,507.72
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        4,564.20      4,564.20             0.00         0.00           0.00
A-12        3,901.14      3,901.14             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          27,465.83     50,947.24             0.00         0.00   4,372,002.74

- -------------------------------------------------------------------------------
           76,928.36    137,869.61             0.00         0.00  10,895,510.46
===============================================================================
_______________________________________________________________________________



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    941.585471   5.375982     5.883638    11.259620   0.000000    936.209489
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      754.549019   4.030925     4.714912     8.745837   0.000000    750.518092

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:12                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S5 (POOL # 4055)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4055 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,172.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,157.96

SUBSERVICER ADVANCES THIS MONTH                                        3,714.91
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                                        317,994.09

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      10,895,510.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           57

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        2,410.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          59.88222950 %    40.11777050 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             59.87335560 %    40.12664440 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4274 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.90000965
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.72

POOL TRADING FACTOR:                                                 9.35234437


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


Run:        12/27/96     12:59:13                                    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-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     2,698,697.31     7.500000  %    868,665.87
A-9   760920VV7    30,371,000.00    30,371,000.00     5.684000  %          0.00
A-10  760920VS4    10,124,000.00    10,124,000.00    12.947821  %          0.00
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.151394  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     8,901,306.81     7.500000  %      8,115.57
B                  22,976,027.86    19,625,408.40     7.500000  %     17,893.04

- -------------------------------------------------------------------------------
                  459,500,240.86    71,720,412.52                    894,674.48
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        16,796.38    885,462.25             0.00         0.00   1,830,031.44
A-9       143,256.20    143,256.20             0.00         0.00  30,371,000.00
A-10      108,780.01    108,780.01             0.00         0.00  10,124,000.00
A-11       59,517.28     59,517.28             0.00         0.00           0.00
A-12        9,010.57      9,010.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          55,400.71     63,516.28             0.00         0.00   8,893,191.24
B         122,146.27    140,039.31             0.00         0.00  19,607,515.36

- -------------------------------------------------------------------------------
          514,907.42  1,409,581.90             0.00         0.00  70,825,738.04
===============================================================================
_______________________________________________________________________________



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     82.569371  26.577710     0.513902    27.091612   0.000000     55.991661
A-9   1000.000000   0.000000     4.716875     4.716875   0.000000   1000.000000
A-10  1000.000000   0.000000    10.744766    10.744766   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      860.926921   0.784931     5.358310     6.143241   0.000000    860.141990
B      854.168898   0.778770     5.316248     6.095018   0.000000    853.390128

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:14                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4056 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,976.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,438.23

SUBSERVICER ADVANCES THIS MONTH                                       47,775.26
MASTER SERVICER ADVANCES THIS MONTH                                    4,236.73


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,990,494.84

 (B)  TWO MONTHLY PAYMENTS:                                    2     545,156.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      3,515,302.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      70,825,738.04

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

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                 508,592.87

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      829,284.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         60.22511000 %    12.41112000 %   27.36376960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.75939340 %    12.55643991 %   27.68416670 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1508 %

      BANKRUPTCY AMOUNT AVAILABLE                         171,275.00
      FRAUD AMOUNT AVAILABLE                              881,310.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,911,312.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.16280391
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.65

POOL TRADING FACTOR:                                                15.41364547


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


Run:        12/27/96     12:59:15                                    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-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       122,515.45     8.500000  %    122,515.45
A-4   760920WX2    31,674,000.00    31,674,000.00     8.500000  %    546,704.08
A-5   760920WY0    30,082,000.00     3,532,984.00     8.500000  %     74,358.52
A-6   760920WW4             0.00             0.00     0.125220  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,492,253.67     8.500000  %      6,315.18
B                  15,364,881.77    12,637,253.51     8.500000  %     11,737.68

- -------------------------------------------------------------------------------
                  323,459,981.77    54,459,006.63                    761,630.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3           861.33    123,376.78             0.00         0.00           0.00
A-4       222,678.69    769,382.77             0.00         0.00  31,127,295.92
A-5        24,838.04     99,196.56             0.00         0.00   3,458,625.48
A-6         5,640.28      5,640.28             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,642.69     51,957.87             0.00         0.00   6,485,938.49
B          88,844.07    100,581.75             0.00         0.00  12,624,960.93

- -------------------------------------------------------------------------------
          388,505.10  1,150,136.01             0.00         0.00  53,696,820.82
===============================================================================
_______________________________________________________________________________



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      2.157570   2.157570     0.015169     2.172739   0.000000      0.000000
A-4   1000.000000  17.260342     7.030331    24.290673   0.000000    982.739658
A-5    117.445117   2.471861     0.825678     3.297539   0.000000    114.973256
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      892.038152   0.867708     6.271323     7.139031   0.000000    891.170444
B      822.476456   0.763929     5.782281     6.546210   0.000000    821.676412

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S7 (POOL # 4057)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4057 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,421.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,754.99

SUBSERVICER ADVANCES THIS MONTH                                       41,211.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,255,951.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     209,532.95

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     505,097.94


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,146,461.78

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,696,820.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          205

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      709,212.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         64.87356570 %    11.92135900 %   23.20507530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            64.40962590 %    12.07881284 %   23.51156130 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1251 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07036748
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.86

POOL TRADING FACTOR:                                                16.60076172



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        12/27/96     12:59:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    29,616,503.34     7.705589  %  1,887,726.15
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.705589  %          0.00
B                   7,295,556.68     5,176,346.76     7.705589  %          0.00

- -------------------------------------------------------------------------------
                  108,082,314.68    34,792,850.10                  1,887,726.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         186,362.48  2,074,088.63             0.00         0.00  27,728,777.19
S           4,261.87      4,261.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00   345,169.03   4,863,750.00

- -------------------------------------------------------------------------------
          190,624.35  2,078,350.50             0.00   345,169.03  32,592,527.19
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      293.853412  18.729921     1.849079    20.579000   0.000000    275.123491
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      709.520464   0.000000     0.000000     0.000000   0.000000    666.672910

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:16                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S8 (POOL # 4058)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4058 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,584.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,704.26

SUBSERVICER ADVANCES THIS MONTH                                        9,388.37
MASTER SERVICER ADVANCES THIS MONTH                                    1,403.82


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     662,518.57

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     226,523.62


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        364,753.49

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      32,592,527.19

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

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                 185,715.16

REMAINING SUBCLASS INTEREST SHORTFALL                                 32,572.27

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,054,988.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.12238360 %    14.87761640 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.07710070 %    14.92289930 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.34285989
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.07

POOL TRADING FACTOR:                                                30.15528238



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1531

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        12/27/96     12:59:17                                    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-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    20,983,054.61     8.000000  %    721,837.71
A-6   760920WG9     5,000,000.00     7,218,046.81     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     3,133,457.50     8.000000  %     74,870.98
A-8   760920WJ3             0.00             0.00     0.176579  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,611,733.65     8.000000  %      4,827.11
B                  10,363,398.83     9,737,823.05     8.000000  %     10,192.59

- -------------------------------------------------------------------------------
                  218,151,398.83    45,684,115.62                    811,728.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       139,535.30    861,373.01             0.00         0.00  20,261,216.90
A-6             0.00          0.00        47,999.32         0.00   7,266,046.13
A-7        20,837.20     95,708.18             0.00         0.00   3,058,586.52
A-8         6,705.49      6,705.49             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,667.59     35,494.70             0.00         0.00   4,606,906.54
B          64,755.58     74,948.17             0.00         0.00   9,727,630.46

- -------------------------------------------------------------------------------
          262,501.16  1,074,229.55        47,999.32         0.00  44,920,386.55
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    843.577188  29.019885     5.609707    34.629592   0.000000    814.557303
A-6   1443.609362   0.000000     0.000000     0.000000   9.599864   1453.209226
A-7    154.448812   3.690407     1.027070     4.717477   0.000000    150.758405
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      939.636033   0.983519     6.248490     7.232009   0.000000    938.652514
B      939.636041   0.983517     6.248490     7.232007   0.000000    938.652523

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:18                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4059 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,525.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,882.55

SUBSERVICER ADVANCES THIS MONTH                                        8,922.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     275,559.36

 (B)  TWO MONTHLY PAYMENTS:                                    1     310,085.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        571,950.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,920,386.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      715,911.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.58961480 %    10.09483000 %   21.31555560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            68.08901680 %    10.25571437 %   21.65526880 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1793 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68331114
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.74

POOL TRADING FACTOR:                                                20.59138139



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        12/27/96     12:59:18                                    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-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     3,223,144.49     8.000000  %     87,347.08
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     0.162638  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,700,962.41     8.000000  %     33,226.41

- -------------------------------------------------------------------------------
                  139,954,768.28    20,424,106.90                    120,573.49
===============================================================================
_______________________________________________________________________________
                                                                      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        21,486.02    108,833.10             0.00         0.00   3,135,797.41
A-3        76,660.93     76,660.93             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         2,767.90      2,767.90             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          38,003.56     71,229.97             0.00         0.00   5,667,736.00

- -------------------------------------------------------------------------------
          138,918.41    259,491.90             0.00         0.00  20,303,533.41
===============================================================================
_______________________________________________________________________________



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     75.665997   2.050545     0.504402     2.554947   0.000000     73.615452
A-3   1000.000000   0.000000     6.666168     6.666168   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      775.887287   4.522033     5.172195     9.694228   0.000000    771.365253

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:19                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4060 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,955.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,137.93

SUBSERVICER ADVANCES THIS MONTH                                        5,221.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     440,331.41

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      20,303,533.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           93

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        1,537.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          72.08709080 %    27.91290920 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             72.08497710 %    27.91502290 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1626 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.63752433
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.42

POOL TRADING FACTOR:                                                14.50721091



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


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


Run:        12/27/96     12:59:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    24,870,432.53     8.500000  %     31,311.16
A-10  760920XQ6     6,395,000.00     4,095,967.45     8.500000  %      5,156.71
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     0.175058  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,387,890.18     8.500000  %      6,102.73
B                  15,395,727.87    13,011,529.80     8.500000  %     12,430.69

- -------------------------------------------------------------------------------
                  324,107,827.87    48,365,819.96                     55,001.29
===============================================================================
_______________________________________________________________________________
                                                                      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       176,133.42    207,444.58             0.00         0.00  24,839,121.37
A-10       29,007.81     34,164.52             0.00         0.00   4,090,810.74
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        7,054.40      7,054.40             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,239.30     51,342.03             0.00         0.00   6,381,787.45
B          92,148.18    104,578.87             0.00         0.00  12,999,099.11

- -------------------------------------------------------------------------------
          349,583.11    404,584.40             0.00         0.00  48,310,818.67
===============================================================================










































Run:        12/27/96     12:59:20
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    640.495301   0.806365     4.536014     5.342379   0.000000    639.688936
A-10   640.495301   0.806365     4.536014     5.342379   0.000000    639.688936
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      876.013464   0.836908     6.203963     7.040871   0.000000    875.176557
B      845.138983   0.807412     5.985308     6.792720   0.000000    844.331572

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S11 (POOL # 4061)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4061 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,585.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,022.63

SUBSERVICER ADVANCES THIS MONTH                                       32,571.74
MASTER SERVICER ADVANCES THIS MONTH                                    6,239.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,051,159.95

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,240,211.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     101,456.93


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,681,589.87

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      48,310,818.67

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

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                 760,029.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        8,794.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.89022830 %    13.20744700 %   26.90232440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.88292670 %    13.20985159 %   26.90722180 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1751 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14111145
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.37

POOL TRADING FACTOR:                                                14.90578583



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        12/27/96     12:59:21                                    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     9,174,059.75     7.912576  %     56,413.43
R     760920XF0           100.00             0.00     7.912576  %          0.00
B                   5,010,927.54     4,041,342.43     7.912576  %     21,821.83

- -------------------------------------------------------------------------------
                  105,493,196.54    13,215,402.18                     78,235.26
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          60,459.17    116,872.60             0.00         0.00   9,117,646.32
R               0.00          0.00             0.00         0.00           0.00
B          26,633.38     48,455.21             0.00         0.00   4,019,520.60

- -------------------------------------------------------------------------------
           87,092.55    165,327.81             0.00         0.00  13,137,166.92
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       91.300375   0.561427     0.601691     1.163118   0.000000     90.738948
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      806.505861   4.354848     5.315060     9.669908   0.000000    802.151013

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:21                                        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                        3,289.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,423.91

SUBSERVICER ADVANCES THIS MONTH                                        7,082.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        620,335.29

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      13,137,166.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           64

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        6,876.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          69.41945180 %    30.58054820 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             69.40344430 %    30.59655570 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.33634528
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              119.74

POOL TRADING FACTOR:                                                12.45309399


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

Run:        12/27/96     13:40:53                                    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     28,657,342.36      8.3700       320,148.65  
                                                                                
- --------------------------------------------------------------------------------
                 149,986,318.83     28,657,342.36                   320,148.65  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          199,857.32          0.00       520,005.97        0.00    28,337,193.71
                                                                                
          199,857.32          0.00       520,005.97        0.00    28,337,193.71
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      191.066376   2.134519     1.332504      0.000000      3.467023  188.931857
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-13 (POOL 3165)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    8,006.70 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,298.02 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,823.65 
    MASTER SERVICER ADVANCES THIS MONTH                                3,602.04 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    301,480.25 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    280,071.95 
      (D)  LOANS IN FORECLOSURE                                 2    808,127.57 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  28,337,193.71 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        27,908,292.21 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 116      
                                                                                
    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             457,785.90 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,903.70 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             288,927.44 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           27,317.51 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,385,536.82         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                374,041.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       843,438.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.9386% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3641% 
                                                                                
    POOL TRADING FACTOR                                             0.188931857 

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


Run:        12/27/96     12:59:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    18,235,493.28     8.348883  %    634,277.13
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.348883  %          0.00
B                   6,546,994.01     3,402,711.98     8.348883  %      3,678.47

- -------------------------------------------------------------------------------
                   93,528,473.01    21,638,205.26                    637,955.60
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         123,829.37    758,106.50             0.00         0.00  17,601,216.15
S           2,639.92      2,639.92             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          23,106.34     26,784.81             0.00         0.00   3,399,033.51

- -------------------------------------------------------------------------------
          149,575.63    787,531.23             0.00         0.00  21,000,249.66
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      209.648243   7.292102     1.423631     8.715733   0.000000    202.356141
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      519.736535   0.561855     3.529307     4.091162   0.000000    519.174678

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S14 (POOL # 4063)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4063 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,623.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,491.53

SUBSERVICER ADVANCES THIS MONTH                                       28,681.39
MASTER SERVICER ADVANCES THIS MONTH                                    4,612.03


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,228,502.94

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     295,085.09


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      1,998,327.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      21,000,249.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           96

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                 570,548.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      614,563.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.27451840 %    15.72548160 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.81431860 %    16.18568140 %

      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                          9.08658947
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              272.96

POOL TRADING FACTOR:                                                22.45332248



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:        12/27/96     12:59:23                                    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     3,651,597.07     8.000000  %     46,805.47
A-6   760920ZF8     6,450,000.00     4,710,560.25     8.000000  %     60,379.05
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,825,798.54     8.000000  %     23,402.73
A-9   760920ZJ0     9,350,000.00       219,095.83     8.000000  %      2,808.33
A-10  760920ZC5    60,000,000.00     4,983,663.31     8.000000  %     63,879.63
A-11  760920ZD3    15,000,000.00     1,245,915.80     8.000000  %     15,969.91
A-12  760920ZB7             0.00             0.00     0.234316  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,559,961.27     8.000000  %     37,175.68

- -------------------------------------------------------------------------------
                  208,639,599.90    23,196,592.07                    250,420.80
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        24,263.71     71,069.18             0.00         0.00   3,604,791.60
A-6        31,300.19     91,679.24             0.00         0.00   4,650,181.20
A-7             0.00          0.00             0.00         0.00           0.00
A-8        12,131.86     35,534.59             0.00         0.00   1,802,395.81
A-9         1,455.82      4,264.15             0.00         0.00     216,287.50
A-10       33,114.87     96,994.50             0.00         0.00   4,919,783.68
A-11        8,278.72     24,248.63             0.00         0.00   1,229,945.89
A-12        4,514.51      4,514.51             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          43,588.87     80,764.55             0.00         0.00   6,522,785.59

- -------------------------------------------------------------------------------
          158,648.55    409,069.35             0.00         0.00  22,946,171.27
===============================================================================
_______________________________________________________________________________



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    186.305973   2.388034     1.237944     3.625978   0.000000    183.917939
A-6    730.319419   9.361093     4.852743    14.213836   0.000000    720.958326
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    182.579854   2.340273     1.213186     3.553459   0.000000    180.239581
A-9     23.432709   0.300356     0.155703     0.456059   0.000000     23.132353
A-10    83.061055   1.064661     0.551915     1.616576   0.000000     81.996395
A-11    83.061053   1.064661     0.551915     1.616576   0.000000     81.996393
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      786.038313   4.454525     5.222977     9.677502   0.000000    781.583789

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S15 (POOL # 4064)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4064 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,950.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,497.43

SUBSERVICER ADVANCES THIS MONTH                                          952.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      81,337.81

 (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                                                      22,946,171.27

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          112

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      118,964.34

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          71.72015070 %    28.27984930 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             71.57353390 %    28.42646610 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2324 %

      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                          8.66662388
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.11

POOL TRADING FACTOR:                                                10.99799428


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:        12/27/96     12:59:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,589,348.76     6.084000  %     69,483.96
A-9   760920YL6     4,375,000.00     4,155,316.40    18.461142  %     14,739.02
A-10  760920XZ6    23,595,000.00     2,074,526.61     7.270000  %      7,358.40
A-11  760920YA0     6,435,000.00       565,779.97    11.843331  %      2,006.84
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.224619  %          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     6,160,139.81     8.750000  %      5,096.07
B                  15,327,940.64    12,031,340.78     8.750000  %      9,953.12

- -------------------------------------------------------------------------------
                  322,682,743.64    44,576,452.33                    108,637.41
===============================================================================
_______________________________________________________________________________
                                                                      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        99,279.52    168,763.48             0.00         0.00  19,519,864.80
A-9        63,901.80     78,640.82             0.00         0.00   4,140,577.38
A-10       12,563.30     19,921.70             0.00         0.00   2,067,168.21
A-11        5,581.77      7,588.61             0.00         0.00     563,773.13
A-12       10,989.48     10,989.48             0.00         0.00           0.00
A-13        8,340.72      8,340.72             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          44,900.29     49,996.36             0.00         0.00   6,155,043.74
B          87,694.54     97,647.66             0.00         0.00  12,021,387.66

- -------------------------------------------------------------------------------
          333,251.42    441,888.83             0.00         0.00  44,467,814.92
===============================================================================







































Run:        12/27/96     12:59:25
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    949.786607   3.368919     4.813552     8.182471   0.000000    946.417687
A-9    949.786606   3.368919    14.606126    17.975045   0.000000    946.417687
A-10    87.922298   0.311863     0.532456     0.844319   0.000000     87.610435
A-11    87.922295   0.311863     0.867408     1.179271   0.000000     87.610432
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      848.433637   0.701880     6.184099     6.885979   0.000000    847.731757
B      784.928717   0.649345     5.721221     6.370566   0.000000    784.279372

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S16 (POOL # 4065)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4065 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,686.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,607.83

SUBSERVICER ADVANCES THIS MONTH                                       42,675.50
MASTER SERVICER ADVANCES THIS MONTH                                    6,056.78


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,280,479.50

 (B)  TWO MONTHLY PAYMENTS:                                    2     754,772.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     368,858.38


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,766,258.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,467,814.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          176

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                 737,711.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       71,760.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.19038050 %    13.81926900 %   26.99035060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.12452310 %    13.84157002 %   27.03390680 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2248 %

      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                          9.42133281
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.16

POOL TRADING FACTOR:                                                13.78066097


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


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

Run:        12/27/96     13:40:53                                    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      5,767,730.66      8.0000         5,107.83  
S     760920YS1            0.00              0.00      0.5541             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  32,200,599.87      5,767,730.66                     5,107.83  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          38,451.30          0.00        43,559.13        0.00     5,762,622.83
S           2,663.23          0.00         2,663.23        0.00             0.00
                                                                                
           41,114.53          0.00        46,222.36        0.00     5,762,622.83
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     179.118733   0.158625     1.194118      0.000000      1.352743  178.960108
S       0.000000   0.000000     0.082707      0.000000      0.082707    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         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                    1,845.87 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   601.07 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,495.81 
    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                                 2    818,410.08 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,762,622.83 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         5,772,703.78 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  22      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      37.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,070.04 
                                                                                
       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                         9.0632% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.178960108 

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

Run:        12/27/96     13:40:53                                    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      6,983,439.11      7.5830         7,267.67  
S     760920YU6            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  63,951,716.07      6,983,439.11                     7,267.67  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          44,128.39          0.00        51,396.06        0.00     6,976,171.44
S           1,454.84          0.00         1,454.84        0.00             0.00
                                                                                
           45,583.23          0.00        52,850.90        0.00     6,976,171.44
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     109.198620   0.113643     0.690027      0.000000      0.803670  109.084976
S       0.000000   0.000000     0.022749      0.000000      0.022749    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17B (POOL 3167)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,331.98 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   728.61 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,908.20 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                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                                                   6,976,171.44 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                         6,982,874.65 
                                                                                
    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                     200.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,067.67 
                                                                                
       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                         8.3588% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5831% 
                                                                                
    POOL TRADING FACTOR                                             0.109084976 

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

Run:        12/27/96     13:40:53                                    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     11,362,302.64      7.7411       235,578.26  
S     760920YW2            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  75,606,730.04     11,362,302.64                   235,578.26  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          72,844.39          0.00       308,422.65        0.00    11,126,724.38
S           2,352.52          0.00         2,352.52        0.00             0.00
                                                                                
           75,196.91          0.00       310,775.17        0.00    11,126,724.38
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     150.281630   3.115837     0.963464      0.000000      4.079301  147.165793
S       0.000000   0.000000     0.031115      0.000000      0.031115    0.000000
                                                                                
                                                                                
Determination Date       20-December-96                                         
Distribution Date        26-December-96                                         
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    12/27/96    13:40:53                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17C (POOL 3168)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,011.40 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,178.96 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,194.42 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    278,678.99 
      (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                                                  11,126,724.38 
    ACTUAL UPAID PRINCIPAL BALANCE @ 11/30                        11,136,643.03 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  39      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      224,311.51 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     516.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,749.96 
                                                                                
       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                         8.4521% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7560% 
                                                                                
    POOL TRADING FACTOR                                             0.147165793 

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


Run:        12/27/96     12:59:26                                    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-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     6,120,903.07     7.950000  %     68,560.46
A-5   760920B31        41,703.00           306.04  1008.000000  %          3.43
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     0.382950  %          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     5,805,790.13     8.000000  %     31,730.15

- -------------------------------------------------------------------------------
                  157,858,019.23    17,414,999.24                    100,294.04
===============================================================================
_______________________________________________________________________________
                                                                      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        40,539.29    109,099.75             0.00         0.00   6,052,342.61
A-5           257.00        260.43             0.00         0.00         302.61
A-6        36,576.12     36,576.12             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        5,555.96      5,555.96             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          38,694.11     70,424.26             0.00         0.00   5,774,059.98

- -------------------------------------------------------------------------------
          121,622.48    221,916.52             0.00         0.00  17,314,705.20
===============================================================================
_______________________________________________________________________________



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    644.305586   7.216891     4.267294    11.484185   0.000000    637.088696
A-5      7.338561   0.082248     6.162626     6.244874   0.000000      7.256313
A-6   1000.000000   0.000000     6.664745     6.664745   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      817.273954   4.466614     5.446922     9.913536   0.000000    812.807339

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:27                                        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                        4,598.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,849.16

SUBSERVICER ADVANCES THIS MONTH                                        7,161.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     388,132.61

 (B)  TWO MONTHLY PAYMENTS:                                    1     223,146.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      17,314,705.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           96

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        5,116.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          66.66212820 %    33.33787190 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             66.65227670 %    33.34772330 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3831 %

      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                          8.82502163
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.52

POOL TRADING FACTOR:                                                10.96853064


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


Run:        12/27/96     12:59:28                                    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-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    15,260,621.15     8.500000  %    187,889.51
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     0.172000  %          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     5,634,524.14     8.500000  %     41,785.69
B                  12,805,385.16    10,917,198.60     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  320,111,585.16    40,916,343.89                    229,675.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       108,077.14    295,966.65             0.00         0.00  15,072,731.64
A-7        64,475.38     64,475.38             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        5,863.64      5,863.64             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          39,904.22     81,689.91             0.00         0.00   5,592,738.45
B          57,075.20     57,075.20             0.00         0.00  10,836,236.57

- -------------------------------------------------------------------------------
          275,395.58    505,070.78             0.00         0.00  40,605,706.66
===============================================================================
_______________________________________________________________________________



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    452.837423   5.575356     3.207037     8.782393   0.000000    447.262067
A-7   1000.000000   0.000000     7.082094     7.082094   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      880.119360   6.526974     6.233087    12.760061   0.000000    873.592385
B      852.547461   0.000000     4.457125     4.457125   0.000000    846.224962

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:28                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S19 (POOL # 4067)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4067 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,970.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,226.88

SUBSERVICER ADVANCES THIS MONTH                                       27,512.10
MASTER SERVICER ADVANCES THIS MONTH                                    4,669.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,185,443.40

 (B)  TWO MONTHLY PAYMENTS:                                    1     252,937.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,164,359.46


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        794,463.76

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      40,605,706.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          153

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                 570,510.94

REMAINING SUBCLASS INTEREST SHORTFALL                                 20,241.42

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        7,201.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.54740540 %    13.77084000 %   26.68175490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.54023120 %    13.77328191 %   26.68648690 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1707 %

      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                          9.09358118
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.88

POOL TRADING FACTOR:                                                12.68486007


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


Run:        12/27/96     12:59:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    11,800,713.47     8.100000  %    514,694.66
A-6   760920D70     2,829,000.00       884,912.88     8.100000  %     44,177.62
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     6,579,087.12     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     2,209,061.63     8.100000  %     40,764.52
A-12  760920F37    10,000,000.00       885,040.75     8.100000  %     16,331.94
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.246080  %          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     7,681,608.36     8.500000  %      7,373.28
B                  16,895,592.50    15,314,404.62     8.500000  %     14,699.70

- -------------------------------------------------------------------------------
                  375,449,692.50    53,981,828.83                    638,041.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        79,240.10    593,934.76             0.00         0.00  11,286,018.81
A-6         5,942.06     50,119.68             0.00         0.00     840,735.26
A-7        16,988.59     16,988.59             0.00         0.00   2,530,000.00
A-8        40,940.48     40,940.48             0.00         0.00   6,097,000.00
A-9             0.00          0.00        44,177.62         0.00   6,623,264.74
A-10            0.00          0.00             0.00         0.00           0.00
A-11       14,833.53     55,598.05             0.00         0.00   2,168,297.11
A-12        5,942.93     22,274.87             0.00         0.00     868,708.81
A-13       10,274.83     10,274.83             0.00         0.00           0.00
A-14       11,012.25     11,012.25             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          54,128.10     61,501.38             0.00         0.00   7,674,235.08
B         107,912.23    122,611.93             0.00         0.00  15,299,704.92

- -------------------------------------------------------------------------------
          347,215.10    985,256.82        44,177.62         0.00  53,387,964.73
===============================================================================











































Run:        12/27/96     12:59:29
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    307.270237  13.401762     2.063276    15.465038   0.000000    293.868476
A-6    312.800594  15.615984     2.100410    17.716394   0.000000    297.184609
A-7   1000.000000   0.000000     6.714858     6.714858   0.000000   1000.000000
A-8   1000.000000   0.000000     6.714856     6.714856   0.000000   1000.000000
A-9   1419.436272   0.000000     0.000000     0.000000   9.531310   1428.967581
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   271.717298   5.014086     1.824542     6.838628   0.000000    266.703212
A-12    88.504075   1.633194     0.594293     2.227487   0.000000     86.870881
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      909.281293   0.872784     6.407209     7.279993   0.000000    908.408509
B      906.414180   0.870031     6.387005     7.257036   0.000000    905.544148

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:30                                        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                       14,161.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,607.23

SUBSERVICER ADVANCES THIS MONTH                                       35,685.58
MASTER SERVICER ADVANCES THIS MONTH                                    4,205.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,792,405.07

 (B)  TWO MONTHLY PAYMENTS:                                    1     257,664.69

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     205,358.38


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,137,462.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,387,964.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          201

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                 510,829.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      542,049.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         57.40045590 %    14.22998900 %   28.36955500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.96794190 %    14.37446645 %   28.65759160 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2434 %

      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                          9.18632923
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.52

POOL TRADING FACTOR:                                                14.21973857


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


Run:        12/27/96     12:59:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    38,167,525.69     6.685380  %    346,807.99
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.685380  %          0.00
B                   7,968,810.12     1,979,700.11     6.685380  %          0.00

- -------------------------------------------------------------------------------
                  113,840,137.12    40,147,225.80                    346,807.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         212,146.69    558,954.68             0.00         0.00  37,820,717.70
S           5,006.83      5,006.83             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00    59,627.09   1,931,076.80

- -------------------------------------------------------------------------------
          217,153.52    563,961.51             0.00    59,627.09  39,751,794.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      360.508958   3.275753     2.003818     5.279571   0.000000    357.233205
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      248.431081   0.000000     0.000000     0.000000   0.000000    242.329378

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:31                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S21 (POOL # 4069)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4069 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,089.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,195.66

SUBSERVICER ADVANCES THIS MONTH                                       29,134.05
MASTER SERVICER ADVANCES THIS MONTH                                    5,618.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,310,987.38

 (B)  TWO MONTHLY PAYMENTS:                                    1     346,361.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,625,832.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,751,794.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          136

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                 875,298.23

REMAINING SUBCLASS INTEREST SHORTFALL                                 11,003.78

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      245,896.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.06889940 %     4.93110060 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             95.14216450 %     4.85783550 %

      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                          7.35418696
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.51

POOL TRADING FACTOR:                                                34.91896224



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1389

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        12/27/96     13:03:22                                    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-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    20,043,378.14     8.500000  %     40,678.61
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       824,732.66     0.098615  %      1,275.53
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     3,924,980.58     8.500000  %      3,828.99
B                  10,804,782.23     9,729,695.53     8.500000  %      9,491.76

- -------------------------------------------------------------------------------
                  216,050,982.23    37,497,908.31                     55,274.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       141,917.91    182,596.52             0.00         0.00  20,002,699.53
A-7        21,065.47     21,065.47             0.00         0.00   2,975,121.40
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        3,080.33      4,355.86             0.00         0.00     823,457.13
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          27,790.98     31,619.97             0.00         0.00   3,921,151.59
B          68,891.47     78,383.23             0.00         0.00   9,720,203.77

- -------------------------------------------------------------------------------
          262,746.16    318,021.05             0.00         0.00  37,442,633.42
===============================================================================
_______________________________________________________________________________



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      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    977.725763   1.984322     6.922825     8.907147   0.000000    975.741441
A-7   1000.000000   0.000000     7.080541     7.080541   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   225.221167   0.348327     0.841188     1.189515   0.000000    224.872840
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      908.560319   0.886340     6.433097     7.319437   0.000000    907.673979
B      900.498994   0.878476     6.376018     7.254494   0.000000    899.620516

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S23 (POOL # 4070)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4070 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,184.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,930.91

SUBSERVICER ADVANCES THIS MONTH                                        9,867.32
MASTER SERVICER ADVANCES THIS MONTH                                    5,793.43


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     306,783.52

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        924,686.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,442,633.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          150

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                 731,435.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       18,694.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         63.58549920 %    10.46719900 %   25.94730210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            63.56731860 %    10.47242470 %   25.96025680 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0986 %

      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                          8.83930200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.45

POOL TRADING FACTOR:                                                17.33046202



COFI INDEX USED FOR THIS DISTRIBUTION                                     0.0000


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


Run:        12/27/96     12:59:32                                    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-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     7,560,363.23     8.000000  %    203,565.51
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00     1,058,808.85     8.000000  %     28,508.81
A-9   760920K31    37,500,000.00     4,130,593.64     8.000000  %    111,217.73
A-10  760920J74    17,000,000.00     6,182,121.81     8.000000  %    166,455.86
A-11  760920J66             0.00             0.00     0.343724  %          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     6,795,938.06     8.000000  %     34,602.97

- -------------------------------------------------------------------------------
                  183,771,178.70    25,727,825.59                    544,350.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6        49,855.57    253,421.08             0.00         0.00   7,356,797.72
A-7             0.00          0.00             0.00         0.00           0.00
A-8         6,982.14     35,490.95             0.00         0.00   1,030,300.04
A-9        27,238.52    138,456.25             0.00         0.00   4,019,375.91
A-10       40,766.99    207,222.85             0.00         0.00   6,015,665.95
A-11        7,289.43      7,289.43             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          44,814.68     79,417.65             0.00         0.00   6,761,335.09

- -------------------------------------------------------------------------------
          176,947.33    721,298.21             0.00         0.00  25,183,474.71
===============================================================================
_______________________________________________________________________________



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    688.432274  18.536288     4.539753    23.076041   0.000000    669.895986
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    105.880885   2.850881     0.698214     3.549095   0.000000    103.030004
A-9    110.149164   2.965806     0.726361     3.692167   0.000000    107.183358
A-10   363.654224   9.791521     2.398058    12.189579   0.000000    353.862703
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      821.760044   4.184167     5.418961     9.603128   0.000000    817.575877

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S22 (POOL # 4072)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4072 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,525.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,673.91

SUBSERVICER ADVANCES THIS MONTH                                        9,405.11
MASTER SERVICER ADVANCES THIS MONTH                                    4,308.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     610,987.77

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        201,048.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      25,183,474.71

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

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                 367,416.85

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      413,352.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          73.58526070 %    26.41473930 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             73.15169900 %    26.84830100 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3473 %

      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                          8.78496084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.35

POOL TRADING FACTOR:                                                13.70371289


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                1,030,300.04           0.00
ENDING A-9 PRINCIPAL COMPONENT:                4,019,375.91           0.00
ENDING A-10 PRINCIPAL COMPONENT:               6,015,665.95           0.00


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


Run:        12/27/96     12:59:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    34,106,529.47     7.491704  %    419,570.56
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.491704  %          0.00
B                   8,084,552.09     6,497,345.82     7.491704  %      6,734.89

- -------------------------------------------------------------------------------
                  134,742,525.09    40,603,875.29                    426,305.45
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         211,955.21    631,525.77             0.00         0.00  33,686,958.91
S           5,052.24      5,052.24             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          40,377.80     47,112.69             0.00         0.00   6,490,610.93

- -------------------------------------------------------------------------------
          257,385.25    683,690.70             0.00         0.00  40,177,569.84
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      269.280769   3.312629     1.673447     4.986076   0.000000    265.968140
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      803.674186   0.833058     4.994437     5.827495   0.000000    802.841129

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:35                                        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                       11,878.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,443.75

SUBSERVICER ADVANCES THIS MONTH                                       26,157.77
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,837,834.89

 (B)  TWO MONTHLY PAYMENTS:                                    1     949,042.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     195,029.92


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        483,157.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      40,177,569.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          135

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      384,217.08

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.99821260 %    16.00178750 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.84518790 %    16.15481210 %

      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                          8.12619347
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.56

POOL TRADING FACTOR:                                                29.81803244



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1502

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        12/27/96     12:59:36                                    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-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     1,369,834.66     8.500000  %     43,326.16
A-11  760920T24    20,000,000.00    12,453,042.13     8.500000  %    393,874.20
A-12  760920P44    39,837,000.00    24,804,592.00     8.500000  %    784,538.33
A-13  760920P77     4,598,000.00     6,557,390.91     8.500000  %          0.00
A-14  760920M62     2,400,000.00       440,609.10     8.500000  %     46,327.97
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     0.092529  %          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     7,811,879.91     8.500000  %     39,762.31
B                  17,878,726.36    15,356,743.54     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,384,926.36    80,796,092.25                  1,307,828.97
===============================================================================
_______________________________________________________________________________
                                                                      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             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        9,677.88     53,004.04             0.00         0.00   1,326,508.50
A-11       87,980.72    481,854.92             0.00         0.00  12,059,167.93
A-12      175,244.39    959,782.72             0.00         0.00  24,020,053.67
A-13            0.00          0.00        46,327.96         0.00   6,603,718.87
A-14        3,112.90     49,440.87             0.00         0.00     394,281.13
A-15       26,140.49     26,140.49             0.00         0.00   3,700,000.00
A-16       28,259.99     28,259.99             0.00         0.00   4,000,000.00
A-17       30,393.62     30,393.62             0.00         0.00   4,302,000.00
A-18        6,213.86      6,213.86             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          55,190.92     94,953.23             0.00         0.00   7,772,117.60
B          86,073.09     86,073.09             0.00         0.00  15,278,578.06

- -------------------------------------------------------------------------------
          508,287.86  1,816,116.83        46,327.96         0.00  79,456,425.76
===============================================================================




























Run:        12/27/96     12:59:36
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   622.652118  19.693709     4.399036    24.092745   0.000000    602.958409
A-11   622.652107  19.693710     4.399036    24.092746   0.000000    602.958397
A-12   622.652107  19.693710     4.399036    24.092746   0.000000    602.958397
A-13  1426.139824   0.000000     0.000000     0.000000  10.075676   1436.215500
A-14   183.587125  19.303321     1.297042    20.600363   0.000000    164.283804
A-15  1000.000000   0.000000     7.064997     7.064997   0.000000   1000.000000
A-16  1000.000000   0.000000     7.064998     7.064998   0.000000   1000.000000
A-17  1000.000000   0.000000     7.064998     7.064998   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      922.408774   4.695042     6.516817    11.211859   0.000000    917.713732
B      858.939459   0.000000     4.814274     4.814274   0.000000    854.567476

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:37                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4075 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,379.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,385.79

SUBSERVICER ADVANCES THIS MONTH                                       36,694.87
MASTER SERVICER ADVANCES THIS MONTH                                    1,717.50


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     910,676.46

 (B)  TWO MONTHLY PAYMENTS:                                    1     226,232.55

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     933,397.66


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,512,371.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      79,456,425.76

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          291

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                 217,111.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      928,416.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         71.32457420 %     9.66863600 %   19.00679000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            70.98951350 %     9.78160989 %   19.22887660 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0940 %

      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                          9.04070067
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.92

POOL TRADING FACTOR:                                                21.11041654


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


Run:        12/27/96     12:59:38                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     9,317,627.85     8.000000  %  1,049,338.34
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     0.184102  %          0.00
R-I   760920R67           100.00             0.00     8.000000  %          0.00
R-II  760920R75           100.00             0.00     8.000000  %          0.00
B                   7,481,405.19     6,121,387.79     8.000000  %     31,034.84

- -------------------------------------------------------------------------------
                  157,499,405.19    28,460,015.64                  1,080,373.18
===============================================================================
_______________________________________________________________________________
                                                                      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        60,232.68  1,109,571.02             0.00         0.00   8,268,289.51
A-8        84,172.69     84,172.69             0.00         0.00  13,021,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        4,233.81      4,233.81             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
B          39,570.97     70,605.81             0.00         0.00   6,090,352.95

- -------------------------------------------------------------------------------
          188,210.15  1,268,583.33             0.00         0.00  27,379,642.46
===============================================================================
_______________________________________________________________________________



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      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    565.252842  63.657992     3.654009    67.312001   0.000000    501.594850
A-8   1000.000000   0.000000     6.464380     6.464380   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      818.213642   4.148263     5.289243     9.437506   0.000000    814.065379

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S27 (POOL # 4076)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4076 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,948.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,996.56

SUBSERVICER ADVANCES THIS MONTH                                        8,952.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     454,229.23

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        323,248.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      27,379,642.46

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                      936,083.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          78.49127050 %    21.50872950 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             77.75590770 %    22.24409230 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1772 %

      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                          8.64700435
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.48

POOL TRADING FACTOR:                                                17.38396563


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


Run:        12/27/96     12:59:39                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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       216,941.82     8.000000  %    216,941.82
A-9   760920S90       833,000.00        20,153.06     8.000000  %     20,153.06
A-10  760920S25    47,400,000.00    47,400,000.00     8.000000  %    324,757.32
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     0.266292  %          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     6,786,083.93     8.000000  %     42,260.09
B                  16,432,384.46    15,106,672.51     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  365,162,840.46    75,132,851.32                    604,112.29
===============================================================================
_______________________________________________________________________________
                                                                      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         1,444.11    218,385.93             0.00         0.00           0.00
A-9           134.15     20,287.21             0.00         0.00           0.00
A-10      315,525.19    640,282.51             0.00         0.00  47,075,242.68
A-11       37,297.20     37,297.20             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       16,647.69     16,647.69             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          45,172.58     87,432.67             0.00         0.00   6,743,823.84
B          25,014.50     25,014.50             0.00         0.00  15,012,596.26

- -------------------------------------------------------------------------------
          441,235.42  1,045,347.71             0.00         0.00  74,434,662.78
===============================================================================











































Run:        12/27/96     12:59:39
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     24.193356  24.193356     0.161047    24.354403   0.000000      0.000000
A-9     24.193349  24.193349     0.161044    24.354393   0.000000      0.000000
A-10  1000.000000   6.851420     6.656650    13.508070   0.000000    993.148580
A-11  1000.000000   0.000000     6.656648     6.656648   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      929.186096   5.786472     6.185266    11.971738   0.000000    923.399623
B      919.323215   0.000000     1.522268     1.522268   0.000000    913.598163

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:40                                        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                       18,301.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,847.95

SUBSERVICER ADVANCES THIS MONTH                                       20,093.54
MASTER SERVICER ADVANCES THIS MONTH                                    3,880.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,750,270.34

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     377,800.97


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        472,389.11

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      74,434,662.78

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

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                 497,692.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      230,301.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         70.86127300 %     9.03211300 %   20.10661410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            70.77111750 %     9.06005830 %   20.16882420 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2670 %

      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                          8.68885027
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.20

POOL TRADING FACTOR:                                                20.38396423


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


Run:        12/27/96     12:59:41                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,437,779.04     7.197921  %     24,850.46
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.197921  %          0.00
B                   6,095,852.88     4,252,534.48     7.197921  %      4,485.48

- -------------------------------------------------------------------------------
                  116,111,466.88    23,690,313.52                     29,335.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         116,570.33    141,420.79             0.00         0.00  19,412,928.58
S           4,934.52      4,934.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          25,502.88     29,988.36             0.00         0.00   4,248,049.00

- -------------------------------------------------------------------------------
          147,007.73    176,343.67             0.00         0.00  23,660,977.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      176.682164   0.225881     1.059581     1.285462   0.000000    176.456282
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      697.611075   0.735825     4.183644     4.919469   0.000000    696.875250

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:41                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S29 (POOL # 4078)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4078 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,377.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,475.23

SPREAD                                                                 3,126.56

SUBSERVICER ADVANCES THIS MONTH                                       12,201.27
MASTER SERVICER ADVANCES THIS MONTH                                    1,627.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     661,719.04

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,000,943.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,660,977.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           75

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                 208,012.33

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        4,347.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.04947990 %    17.95052010 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.04618140 %    17.95381860 %

      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                          8.16114420
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.76

POOL TRADING FACTOR:                                                20.37781299


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


Run:        12/27/96     12:59:44                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    23,347,061.27     7.500000  %    245,707.73
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     5,382,875.82     7.500000  %     29,592.57
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     0.203678  %          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     9,659,244.12     7.500000  %     49,984.78

- -------------------------------------------------------------------------------
                  261,801,192.58    59,325,181.21                    325,285.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       145,873.93    391,581.66             0.00         0.00  23,101,353.54
A-5       130,809.47    130,809.47             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        33,632.55     63,225.12             0.00         0.00   5,353,283.25
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       10,066.26     10,066.26             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          60,351.57    110,336.35             0.00         0.00   9,609,259.34

- -------------------------------------------------------------------------------
          380,733.78    706,018.86             0.00         0.00  58,999,896.13
===============================================================================















































Run:        12/27/96     12:59:44
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    954.148566  10.041593     5.961581    16.003174   0.000000    944.106974
A-5   1000.000000   0.000000     6.248064     6.248064   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    358.858388   1.972838     2.242170     4.215008   0.000000    356.885550
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      818.511160   4.235641     5.114110     9.349751   0.000000    814.275517

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:45                                        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                       14,254.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,276.60

SUBSERVICER ADVANCES THIS MONTH                                        6,928.84
MASTER SERVICER ADVANCES THIS MONTH                                    2,260.33


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     590,457.93

 (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                                                      58,999,896.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          251

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                 201,803.84

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       18,288.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.71813800 %    16.28186200 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.71309110 %    16.28690890 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2037 %

      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                          8.11796431
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              123.91

POOL TRADING FACTOR:                                                22.53614491


                                   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:              29,592.57          N/A              0.00
CLASS A-8 ENDING BAL:          5,353,283.25          N/A              0.00


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


Run:        12/27/96     12:59:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    62,454,959.20     7.750000  %  1,325,291.84
A-11  760920U55     2,522,000.00             0.00     7.750000  %          0.00
A-12  760920U63     2,475,000.00     2,389,121.26     7.750000  %     61,766.57
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00     9,575,878.74     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00     9,486,361.10     7.750000  %    147,253.43
A-17  760920W38             0.00             0.00     0.329534  %          0.00
R-I   760920W79           100.00             0.00     7.750000  %          0.00
R-II  760920W87       856,900.00             0.00     7.750000  %          0.00
M     760920W61     8,605,908.00     8,006,621.38     7.750000  %     55,912.32
B                  20,436,665.48    19,013,524.36     7.750000  %          0.00

- -------------------------------------------------------------------------------
                  430,245,573.48   121,884,466.04                  1,590,224.16
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10      402,848.49  1,728,140.33             0.00         0.00  61,129,667.36
A-11            0.00          0.00             0.00         0.00           0.00
A-12       15,410.37     77,176.94             0.00         0.00   2,327,354.69
A-13       70,681.56     70,681.56             0.00         0.00  10,958,000.00
A-14            0.00          0.00        61,766.57         0.00   9,637,645.31
A-15            0.00          0.00             0.00         0.00           0.00
A-16       61,189.15    208,442.58             0.00         0.00   9,339,107.67
A-17       33,428.86     33,428.86             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          51,644.50    107,556.82             0.00         0.00   7,950,709.06
B         106,546.00    106,546.00             0.00   148,871.90  18,880,747.96

- -------------------------------------------------------------------------------
          741,748.93  2,331,973.09        61,766.57   148,871.90 120,223,232.05
===============================================================================




























Run:        12/27/96     12:59:45
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   950.593738  20.171563     6.131543    26.303106   0.000000    930.422176
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12   965.301519  24.956190     6.226412    31.182602   0.000000    940.345329
A-13  1000.000000   0.000000     6.450224     6.450224   0.000000   1000.000000
A-14  1374.265032   0.000000     0.000000     0.000000   8.864318   1383.129350
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   580.845034   9.016252     3.746580    12.762832   0.000000    571.828782
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      930.363348   6.496969     6.001052    12.498021   0.000000    923.866379
B      930.363340   0.000000     5.213473     5.213473   0.000000    923.866370

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:46                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S32 (POOL # 4081)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4081 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       36,644.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,076.62

SUBSERVICER ADVANCES THIS MONTH                                       36,174.74
MASTER SERVICER ADVANCES THIS MONTH                                    5,857.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,440,202.15

 (B)  TWO MONTHLY PAYMENTS:                                    1      96,707.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2   1,074,887.89


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,000,429.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     120,223,232.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          441

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                 761,875.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      810,083.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.83134590 %     6.56902500 %   15.59962890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.68197000 %     6.61328840 %   15.70474160 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3290 %

      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                          8.57035416
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.85

POOL TRADING FACTOR:                                                27.94293293


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


Run:        12/27/96     12:59:47                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,127,873.77     8.000000  %    423,339.03
A-8   7609204H8    36,700,000.00    22,825,178.97     8.000000  %    221,482.01
A-9   7609204J4    15,000,000.00    14,446,315.82     8.000000  %    140,178.49
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     0.171437  %          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     6,831,178.25     8.000000  %      6,536.28
B                  15,322,642.27    13,282,474.71     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,581,934.27   101,013,021.52                    791,535.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        67,324.27    490,663.30             0.00         0.00   9,704,534.74
A-8       151,728.64    373,210.65             0.00         0.00  22,603,696.96
A-9        96,030.78    236,209.27             0.00         0.00  14,306,137.33
A-10      212,717.56    212,717.56             0.00         0.00  32,000,000.00
A-11        9,971.14      9,971.14             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       14,389.53     14,389.53             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          72,257.03     78,793.31             0.00         0.00   6,824,641.97
B          74,156.01     74,156.01             0.00         0.00  13,269,765.64

- -------------------------------------------------------------------------------
          698,574.96  1,490,110.77             0.00         0.00 100,208,776.64
===============================================================================













































Run:        12/27/96     12:59:47
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    858.294387  35.876189     5.705447    41.581636   0.000000    822.418198
A-8    621.939481   6.034932     4.134295    10.169227   0.000000    615.904549
A-9    963.087721   9.345233     6.402052    15.747285   0.000000    953.742489
A-10  1000.000000   0.000000     6.647424     6.647424   0.000000   1000.000000
A-11  1000.000000   0.000000     6.647427     6.647427   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      941.051339   0.900427     9.954004    10.854431   0.000000    940.150913
B      866.852758   0.000000     4.839637     4.839637   0.000000    866.023327

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:48                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S33 (POOL # 4082)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4082 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,281.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,587.19

SUBSERVICER ADVANCES THIS MONTH                                       44,230.42
MASTER SERVICER ADVANCES THIS MONTH                                    4,099.04


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,065,588.76

 (B)  TWO MONTHLY PAYMENTS:                                    1     231,312.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     644,943.44


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,757,095.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,208,776.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          386

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                 539,141.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      707,592.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.08805930 %     6.76267100 %   13.14926980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.94745740 %     6.81042340 %   13.24211920 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1713 %

      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                          8.61187885
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.94

POOL TRADING FACTOR:                                                31.06459662


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


Run:        12/27/96     12:59:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    34,832,464.65     7.500000  %    973,974.93
A-7   7609203P1    15,000,000.00    11,760,308.13     7.500000  %    328,838.21
A-8   7609204B1     7,005,400.00     7,107,456.09     7.500000  %     32,883.82
A-9   7609203V8    30,538,000.00    30,538,000.00     7.500000  %          0.00
A-10  7609203U0    40,000,000.00    40,000,000.00     7.500000  %          0.00
A-11  7609204A3    10,847,900.00    14,681,880.30     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.278748  %          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    11,127,422.71     7.500000  %     26,659.74
B                  16,042,796.83    14,989,281.52     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  427,807,906.83   165,036,813.40                  1,362,356.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       217,177.02  1,191,151.95             0.00         0.00  33,858,489.72
A-7        73,324.38    402,162.59             0.00         0.00  11,431,469.92
A-8        34,142.52     67,026.34        10,171.78         0.00   7,084,744.05
A-9       190,401.45    190,401.45             0.00         0.00  30,538,000.00
A-10      249,396.10    249,396.10             0.00         0.00  40,000,000.00
A-11            0.00          0.00        91,540.09         0.00  14,773,420.39
A-12       38,243.83     38,243.83             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          69,378.39     96,038.13             0.00         0.00  11,100,762.97
B               0.00          0.00             0.00   131,838.15  14,950,900.09

- -------------------------------------------------------------------------------
          872,063.69  2,234,420.39       101,711.87   131,838.15 163,737,787.14
===============================================================================















































Run:        12/27/96     12:59:49
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    784.020542  21.922547     4.888292    26.810839   0.000000    762.097995
A-7    784.020542  21.922547     4.888292    26.810839   0.000000    762.097995
A-8   1014.568203   4.694067     4.873743     9.567810   1.451991   1011.326127
A-9   1000.000000   0.000000     6.234902     6.234902   0.000000   1000.000000
A-10  1000.000000   0.000000     6.234903     6.234903   0.000000   1000.000000
A-11  1353.430646   0.000000     0.000000     0.000000   8.438508   1361.869154
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      945.795629   2.265993     5.896943     8.162936   0.000000    943.529635
B      934.330945   0.000000     0.000000     0.000000   0.000000    931.938505

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:50                                        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                       46,373.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,409.10

SUBSERVICER ADVANCES THIS MONTH                                       27,311.45
MASTER SERVICER ADVANCES THIS MONTH                                    3,152.70


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     585,485.30

 (B)  TWO MONTHLY PAYMENTS:                                    1     242,433.71

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     204,774.67


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,658,003.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     163,737,787.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          619

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                 430,231.21

REMAINING SUBCLASS INTEREST SHORTFALL                                 93,456.71

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      888,017.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.17522510 %     6.74238800 %    9.08238670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.08940080 %     6.77959753 %    9.13100170 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2792 %

      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                          8.24299233
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.49

POOL TRADING FACTOR:                                                38.27367015


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       32,883.82
CLASS A-8 ENDING BALANCE:                     1,641,597.06    5,443,146.99


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


Run:        12/27/96     12:59:50                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     1,837,571.37     6.500000  %    448,783.96
A-5   7609202S6    20,800,000.00    20,800,000.00     6.500000  %          0.00
A-6   7609202X5     3,680,000.00     3,680,000.00     5.956521  %          0.00
A-7   7609202Y3    15,890,000.00     2,800,000.00     6.137500  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     9.012500  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         5,475.93  2775.250000  %         81.06
A-11  7609203B2             0.00             0.00     0.447449  %          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     4,814,874.07     7.000000  %     25,612.99

- -------------------------------------------------------------------------------
                  146,754,518.99    50,137,921.37                    474,478.01
===============================================================================
_______________________________________________________________________________
                                                                      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         9,944.14    458,728.10             0.00         0.00   1,388,787.41
A-5       112,560.58    112,560.58             0.00         0.00  20,800,000.00
A-6        18,249.46     18,249.46             0.00         0.00   3,680,000.00
A-7        14,307.35     14,307.35             0.00         0.00   2,800,000.00
A-8         9,004.01      9,004.01             0.00         0.00   1,200,000.00
A-9        87,417.61     87,417.61             0.00         0.00  15,000,000.00
A-10       12,652.31     12,733.37             0.00         0.00       5,394.87
A-11       18,677.52     18,677.52             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          28,060.32     53,673.31             0.00         0.00   4,789,261.12

- -------------------------------------------------------------------------------
          310,873.30    785,351.31             0.00         0.00  49,663,443.40
===============================================================================
_______________________________________________________________________________



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    183.757137  44.878396     0.994414    45.872810   0.000000    138.878741
A-5   1000.000000   0.000000     5.411566     5.411566   0.000000   1000.000000
A-6   1000.000000   0.000000     4.959092     4.959092   0.000000   1000.000000
A-7    176.211454   0.000000     0.900400     0.900400   0.000000    176.211454
A-8    176.211454   0.000000     1.322175     1.322175   0.000000    176.211454
A-9    403.225806   0.000000     2.349936     2.349936   0.000000    403.225807
A-10   273.796500   4.053000   632.615500   636.668500   0.000000    269.743500
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      815.483391   4.338009     4.752507     9.090516   0.000000    811.145388

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:51                                        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                       12,404.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,348.88

SUBSERVICER ADVANCES THIS MONTH                                        2,223.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     203,630.82

 (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                                                      49,663,443.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          215

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      207,766.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          90.39674180 %     9.60325830 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             90.35656650 %     9.64343350 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4482 %

      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                          7.87052074
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.16

POOL TRADING FACTOR:                                                33.84116806

                                   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:        12/27/96     12:59:52                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    23,681,173.45     5.700000  %    931,919.50
A-3   7609204R6    19,990,000.00    13,362,132.87     6.400000  %    198,657.95
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     0.346932  %          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     8,412,976.56     7.000000  %     44,332.22

- -------------------------------------------------------------------------------
                  260,444,078.54   107,716,282.88                  1,174,909.67
===============================================================================
_______________________________________________________________________________
                                                                      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       112,240.61  1,044,160.11             0.00         0.00  22,749,253.95
A-3        71,109.52    269,767.47             0.00         0.00  13,163,474.92
A-4       216,225.60    216,225.60             0.00         0.00  38,524,000.00
A-5       103,752.74    103,752.74             0.00         0.00  17,825,000.00
A-6        34,405.74     34,405.74             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       40,273.61     40,273.61             0.00         0.00           0.00
A-12       31,073.99     31,073.99             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          48,968.84     93,301.06             0.00         0.00   8,368,644.34

- -------------------------------------------------------------------------------
          658,050.65  1,832,960.32             0.00         0.00 106,541,373.21
===============================================================================
_______________________________________________________________________________



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    432.351221  17.014213     2.049196    19.063409   0.000000    415.337008
A-3    668.440864   9.937866     3.557255    13.495121   0.000000    658.502998
A-4   1000.000000   0.000000     5.612750     5.612750   0.000000   1000.000000
A-5   1000.000000   0.000000     5.820631     5.820631   0.000000   1000.000000
A-6   1000.000000   0.000000     5.820629     5.820629   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      807.536296   4.255317     4.700371     8.955688   0.000000    803.280980

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:53                                        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                       26,035.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,470.12

SUBSERVICER ADVANCES THIS MONTH                                        6,690.30
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     414,815.38

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        211,098.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     106,541,373.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          459

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      607,298.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.18968910 %     7.81031090 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.14516940 %     7.85483060 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3474 %

      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                          7.76298091
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.80

POOL TRADING FACTOR:                                                40.90758132


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


Run:        12/27/96     12:59:54                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    11,330,511.39     7.650000  %    862,026.10
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     9,267,306.03     7.650000  %     94,825.20
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.105137  %          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     8,774,542.72     8.000000  %     30,472.32
B                  16,935,768.50    15,794,179.14     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,350,379.50   118,082,191.28                    987,323.62
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             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        71,947.33    933,973.43             0.00         0.00  10,468,485.29
A-9       325,691.44    325,691.44             0.00         0.00  51,291,000.00
A-10      137,313.84    137,313.84             0.00         0.00  21,624,652.00
A-11       58,846.24    153,671.44             0.00         0.00   9,172,480.83
A-12       27,167.26     27,167.26             0.00         0.00           0.00
A-13       10,304.90     10,304.90             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          58,266.40     88,738.72             0.00         0.00   8,744,070.40
B          85,950.49     85,950.49             0.00    73,779.22  15,739,328.95

- -------------------------------------------------------------------------------
          775,487.90  1,762,811.52             0.00    73,779.22 117,040,017.47
===============================================================================













































Run:        12/27/96     12:59:54
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    432.610874  32.913066     2.747025    35.660091   0.000000    399.697808
A-9   1000.000000   0.000000     6.349875     6.349875   0.000000   1000.000000
A-10  1000.000000   0.000000     6.349875     6.349875   0.000000   1000.000000
A-11   850.055589   8.697964     5.397747    14.095711   0.000000    841.357625
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      932.592993   3.238718     6.192783     9.431501   0.000000    929.354275
B      932.592999   0.000000     5.075087     5.075087   0.000000    929.354281

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:54                                        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                       29,057.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,401.92

SUBSERVICER ADVANCES THIS MONTH                                       35,088.01
MASTER SERVICER ADVANCES THIS MONTH                                    2,954.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,346,987.62

 (B)  TWO MONTHLY PAYMENTS:                                    3     733,559.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     943,143.45


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        495,075.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     117,040,017.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          420

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                 385,864.53

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      632,096.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.19354170 %     7.43087700 %   13.37558100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.08117250 %     7.47100914 %   13.44781840 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1053 %

      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                          8.52845644
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.55

POOL TRADING FACTOR:                                                31.09868459


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


Run:        12/27/96     12:59:55                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    23,669,404.70     7.500000  %  2,134,962.31
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     9,868,184.29     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,443,276.60     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.200263  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,197,148.13     7.500000  %     22,498.08
B                  18,182,304.74    17,372,394.56     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  427,814,328.74   195,089,408.28                  2,157,460.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       147,279.79  2,282,242.10             0.00         0.00  21,534,442.39
A-6       287,361.49    287,361.49             0.00         0.00  46,182,000.00
A-7       475,121.50    475,121.50             0.00         0.00  76,357,000.00
A-8        52,796.81     52,796.81         8,606.68         0.00   9,876,790.97
A-9             0.00          0.00        77,426.67         0.00  12,520,703.27
A-10       32,413.79     32,413.79             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          57,228.06     79,726.14             0.00         0.00   9,174,650.05
B          46,148.05     46,148.05             0.00   104,445.81  17,329,898.18

- -------------------------------------------------------------------------------
        1,098,349.49  3,255,809.88        86,033.35   104,445.81 192,975,484.86
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    338.047426  30.491621     2.103456    32.595077   0.000000    307.555806
A-6   1000.000000   0.000000     6.222370     6.222370   0.000000   1000.000000
A-7   1000.000000   0.000000     6.222370     6.222370   0.000000   1000.000000
A-8   1037.336728   0.000000     5.549964     5.549964   0.904728   1038.241456
A-9   1345.510013   0.000000     0.000000     0.000000   8.372261   1353.882274
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      955.456134   2.337238     5.945202     8.282440   0.000000    953.118895
B      955.456132   0.000000     2.538075     2.538075   0.000000    953.118894

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:56                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S38 (POOL # 4087)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4087 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       54,253.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,524.47

SUBSERVICER ADVANCES THIS MONTH                                       11,911.26
MASTER SERVICER ADVANCES THIS MONTH                                    6,086.24


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     154,474.62

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     241,665.17


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,235,059.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     192,975,484.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          727

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                 819,926.55

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,636,695.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.38083790 %     4.71432500 %    8.90483740 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.26532890 %     4.75430859 %    8.98036260 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1998 %

      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                          8.16237829
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.62

POOL TRADING FACTOR:                                                45.10729817


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,391,790.97    8,485,000.00


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


Run:        12/27/96     12:59:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    22,679,538.18     7.500000  %    501,735.08
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     0.155157  %          0.00
R-I   7609205Q7           100.00             0.00     7.500000  %          0.00
R-II  7609205R5           100.00             0.00     7.500000  %          0.00
B                   8,730,829.51     7,083,553.98     7.500000  %     35,985.79

- -------------------------------------------------------------------------------
                  183,802,829.51    49,328,092.16                    537,720.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       141,541.38    643,276.46             0.00         0.00  22,177,803.10
A-8       122,103.77    122,103.77             0.00         0.00  19,565,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        6,368.76      6,368.76             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
B          44,207.96     80,193.75             0.00         0.00   7,047,568.19

- -------------------------------------------------------------------------------
          314,221.87    851,942.74             0.00         0.00  48,790,371.29
===============================================================================
_______________________________________________________________________________



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    759.046092  16.792231     4.737153    21.529384   0.000000    742.253861
A-8   1000.000000   0.000000     6.240929     6.240929   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      811.326572   4.121693     5.063431     9.185124   0.000000    807.204880

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:57                                        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                       14,857.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,223.47

SUBSERVICER ADVANCES THIS MONTH                                       11,995.85
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     168,687.09

 (B)  TWO MONTHLY PAYMENTS:                                    1     411,762.39

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     273,102.62


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        239,048.70

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      48,790,371.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          204

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      287,124.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.63991900 %    14.36008100 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.55541180 %    14.44458820 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1553 %

      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                          8.14278929
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.70

POOL TRADING FACTOR:                                                26.54495114


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


Run:        12/27/96     12:59:58                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    43,690,699.17     7.954238  %    993,497.02
R     7609206F0           100.00             0.00     7.954238  %          0.00
B                  11,237,146.51     8,865,489.83     7.954238  %          0.00

- -------------------------------------------------------------------------------
                  187,272,146.51    52,556,189.00                    993,497.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         289,266.48  1,282,763.50             0.00         0.00  42,697,202.15
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00   408,769.44   8,515,416.84

- -------------------------------------------------------------------------------
          289,266.48  1,282,763.50             0.00   408,769.44  51,212,618.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      248.193393   5.643750     1.643234     7.286984   0.000000    242.549643
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      788.944936   0.000000     0.000000     0.000000   0.000000    757.791743

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:59                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S40 (POOL # 4089)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4089 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,306.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,372.22

SUBSERVICER ADVANCES THIS MONTH                                       31,782.61
MASTER SERVICER ADVANCES THIS MONTH                                    1,573.84


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,129,038.19

 (B)  TWO MONTHLY PAYMENTS:                                    1     319,155.82

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     272,862.41


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,496,412.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,212,618.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          172

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                 212,714.61

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      275,944.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.13140660 %    16.86859340 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.37242460 %    16.62757540 %

      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                          8.46049406
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.33

POOL TRADING FACTOR:                                                27.34662893



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        12/27/96     13:00:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     1,072,132.83     7.000000  %    335,478.71
A-8   7609208B7    14,000,000.00    14,000,000.00     7.000000  %          0.00
A-9   7609208C5    14,100,000.00    14,100,000.00     7.000000  %          0.00
A-10  7609207W2     9,700,000.00     9,700,000.00     7.000000  %          0.00
A-11  7609207X0    16,100,000.00    16,100,000.00     7.000000  %          0.00
A-12  7609207Y8    19,580,800.00             0.00     7.000000  %          0.00
A-13  7609207L6     5,010,527.00             0.00     0.000000  %          0.00
A-14  7609207M4     1,789,473.00             0.00     0.000000  %          0.00
A-15  7609207N2    11,568,421.00             0.00     0.000000  %          0.00
A-16  7609207P7     4,131,579.00             0.00     0.000000  %          0.00
A-17  7609207Q5             0.00             0.00     0.396104  %          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     5,184,732.66     7.000000  %     27,486.14

- -------------------------------------------------------------------------------
                  156,959,931.35    60,156,865.49                    362,964.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             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         6,249.57    341,728.28             0.00         0.00     736,654.12
A-8        81,607.33     81,607.33             0.00         0.00  14,000,000.00
A-9        82,190.24     82,190.24             0.00         0.00  14,100,000.00
A-10       56,542.22     56,542.22             0.00         0.00   9,700,000.00
A-11       93,848.43     93,848.43             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       19,842.56     19,842.56             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          30,222.28     57,708.42             0.00         0.00   5,157,246.52

- -------------------------------------------------------------------------------
          370,502.63    733,467.48             0.00         0.00  59,793,900.64
===============================================================================


































Run:        12/27/96     13:00:00
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    172.924650  54.109469     1.007995    55.117464   0.000000    118.815181
A-8   1000.000000   0.000000     5.829095     5.829095   0.000000   1000.000000
A-9   1000.000000   0.000000     5.829095     5.829095   0.000000   1000.000000
A-10  1000.000000   0.000000     5.829095     5.829095   0.000000   1000.000000
A-11  1000.000000   0.000000     5.829095     5.829095   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      825.734886   4.377517     4.813286     9.190803   0.000000    821.357367

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:01                                        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                       16,367.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,535.74

SUBSERVICER ADVANCES THIS MONTH                                        9,464.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     212,737.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     181,446.38

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        478,090.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      59,793,900.64

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                       44,051.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.38131180 %     8.61868820 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.37496220 %     8.62503780 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.396169 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              600,857.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,405,623.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.84788628
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.96

POOL TRADING FACTOR:                                                38.09500942


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:        12/27/96     13:00:02                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    34,567,783.34     7.962912  %  1,354,503.96
M     760944AB4     5,352,000.00     4,769,090.61     7.962912  %    178,764.34
R     760944AC2           100.00             0.00     7.962912  %          0.00
B                   8,362,385.57     6,909,526.96     7.962912  %    278,850.58

- -------------------------------------------------------------------------------
                  133,787,485.57    46,246,400.91                  1,812,118.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         222,187.61  1,576,691.57             0.00         0.00  33,213,279.38
M          30,653.77    209,418.11             0.00         0.00   4,590,326.27
R               0.00          0.00             0.00         0.00           0.00
B          44,411.63    323,262.21             0.00         0.00   6,630,676.38

- -------------------------------------------------------------------------------
          297,253.01  2,109,371.89             0.00         0.00  44,434,282.03
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      287.889728  11.280671     1.850438    13.131109   0.000000    276.609058
M      891.085689  33.401409     5.727536    39.128945   0.000000    857.684281
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      826.262662  33.345818     5.310879    38.656697   0.000000    792.916845

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:02                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S42 (POOL # 4091)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4091 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,465.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,002.41

SUBSERVICER ADVANCES THIS MONTH                                        3,665.35
MASTER SERVICER ADVANCES THIS MONTH                                    3,752.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     230,054.51

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     261,215.73


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,434,282.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          157

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                 503,122.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,772,140.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.74696980 %    10.31235000 %   14.94068040 %
PREPAYMENT PERCENT           74.74696980 %     0.00000000 %   25.25303020 %
NEXT DISTRIBUTION            74.74696980 %    10.33059624 %   14.92243390 %

      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                          8.47709505
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.75

POOL TRADING FACTOR:                                                33.21258475



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        12/27/96     13:00:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     1,921,558.69     7.000000  %    284,965.63
A-4   760944AZ1    11,666,667.00             0.00     8.000000  %          0.00
A-5   760944BA5     5,000,000.00     4,319,602.22     8.000000  %    170,979.38
A-6   760944BH0    45,000,000.00     3,843,117.42     8.500000  %    569,931.26
A-7   760944BB3    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-8   760944BC1     4,612,500.00     4,612,500.00     8.000000  %          0.00
A-9   760944BD9    38,895,833.00    38,895,833.00     8.000000  %          0.00
A-10  760944AW8    23,100,000.00    23,100,000.00     8.000000  %          0.00
A-11  760944AX6    15,000,000.00    15,000,000.00     8.000000  %          0.00
A-12  760944AY4     1,225,000.00     1,225,000.00     8.000000  %          0.00
A-13  760944AD0             0.00             0.00     0.156885  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,840,572.29     8.000000  %     32,550.80
B                  16,938,486.28    15,827,417.86     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,347,086.28   132,585,601.48                  1,058,427.07
===============================================================================
_______________________________________________________________________________
                                                                      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        11,182.16    296,147.79             0.00         0.00   1,636,593.06
A-4             0.00          0.00             0.00         0.00           0.00
A-5        28,728.17    199,707.55             0.00         0.00   4,148,622.84
A-6        27,156.68    597,087.94             0.00         0.00   3,273,186.16
A-7        99,759.76     99,759.76             0.00         0.00  15,000,000.00
A-8        30,676.13     30,676.13             0.00         0.00   4,612,500.00
A-9       258,682.59    258,682.59             0.00         0.00  38,895,833.00
A-10      154,000.00    154,000.00             0.00         0.00  23,100,000.00
A-11       99,759.76     99,759.76             0.00         0.00  15,000,000.00
A-12        8,147.05      8,147.05             0.00         0.00   1,225,000.00
A-13       17,292.30     17,292.30             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          58,795.56     91,346.36             0.00         0.00   8,808,021.49
B          16,725.16     16,725.16             0.00         0.00  15,769,141.66

- -------------------------------------------------------------------------------
          810,905.32  1,869,332.39             0.00         0.00 131,468,898.21
===============================================================================










































Run:        12/27/96     13:00:03
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     85.402608  12.665139     0.496985    13.162124   0.000000     72.737469
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    863.920444  34.195876     5.745634    39.941510   0.000000    829.724568
A-6     85.402609  12.665139     0.603482    13.268621   0.000000     72.737470
A-7   1000.000000   0.000000     6.650651     6.650651   0.000000   1000.000000
A-8   1000.000000   0.000000     6.650651     6.650651   0.000000   1000.000000
A-9   1000.000000   0.000000     6.650650     6.650650   0.000000   1000.000000
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.650651     6.650651   0.000000   1000.000000
A-12  1000.000000   0.000000     6.650653     6.650653   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      939.636742   3.459723     6.249196     9.708919   0.000000    936.177020
B      934.405684   0.000000     0.987407     0.987407   0.000000    930.965223

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S43 (POOL # 4092)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4092 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,426.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,889.76

SUBSERVICER ADVANCES THIS MONTH                                       47,937.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   3,763,796.20

 (B)  TWO MONTHLY PAYMENTS:                                    4     789,048.14

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     371,653.84


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,310,516.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,468,898.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          465

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      628,525.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.39466890 %     6.66782200 %   11.93750880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.30572060 %     6.69969978 %   11.99457960 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1563 %

      BANKRUPTCY AMOUNT AVAILABLE                         228,933.00
      FRAUD AMOUNT AVAILABLE                            1,468,268.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,953,945.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57614286
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.09

POOL TRADING FACTOR:                                                34.93288589


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                  369.97
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           67,108.75


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


Run:        12/27/96     13:00:04                                    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-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     6,391,587.05     7.500000  %    283,792.59
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     1,681,498.56     7.500000  %     31,532.51
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.145650  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,892,997.36     7.500000  %      3,001.53
B                   5,682,302.33     5,464,995.13     7.500000  %      5,670.03

- -------------------------------------------------------------------------------
                  133,690,335.33    66,922,978.10                    323,996.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        39,858.42    323,651.01             0.00         0.00   6,107,794.46
A-6        26,116.69     26,116.69             0.00         0.00   4,188,000.00
A-7        68,758.97     68,758.97             0.00         0.00  11,026,000.00
A-8       118,940.68    118,940.68             0.00         0.00  19,073,000.00
A-9        75,019.38     75,019.38             0.00         0.00  12,029,900.00
A-10       10,485.96     42,018.47             0.00         0.00   1,649,966.05
A-11       26,035.62     26,035.62             0.00         0.00   4,175,000.00
A-12        8,104.68      8,104.68             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          18,040.95     21,042.48             0.00         0.00   2,889,995.83
B          34,080.11     39,750.14             0.00         0.00   5,459,325.10

- -------------------------------------------------------------------------------
          425,441.46    749,438.12             0.00         0.00  66,598,981.44
===============================================================================
_______________________________________________________________________________



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    428.706624  19.034985     2.673447    21.708432   0.000000    409.671639
A-6   1000.000000   0.000000     6.236077     6.236077   0.000000   1000.000000
A-7   1000.000000   0.000000     6.236076     6.236076   0.000000   1000.000000
A-8   1000.000000   0.000000     6.236076     6.236076   0.000000   1000.000000
A-9   1000.000000   0.000000     6.236077     6.236077   0.000000   1000.000000
A-10   201.981809   3.787689     1.259575     5.047264   0.000000    198.194120
A-11  1000.000000   0.000000     6.236077     6.236077   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      961.757188   0.997838     5.997590     6.995428   0.000000    960.759350
B      961.757191   0.997837     5.997592     6.995429   0.000000    960.759351

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:05                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4093 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,401.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,034.32

SUBSERVICER ADVANCES THIS MONTH                                        5,368.12
MASTER SERVICER ADVANCES THIS MONTH                                    2,137.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     272,551.59

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        374,740.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      66,598,981.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          248

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 288,367.23

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      254,562.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.51102730 %     4.32287600 %    8.16609670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.46329040 %     4.33939944 %    8.19731020 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1448 %

      BANKRUPTCY AMOUNT AVAILABLE                         137,505.00
      FRAUD AMOUNT AVAILABLE                              355,941.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,945,200.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.10170580
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.52

POOL TRADING FACTOR:                                                49.81585339


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


Run:        12/27/96     13:00:06                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    41,661,671.33     7.864578  %    424,324.31
R     760944CB2           100.00             0.00     7.864578  %          0.00
B                   3,851,896.47     3,243,888.97     7.864578  %     16,218.75

- -------------------------------------------------------------------------------
                  154,075,839.47    44,905,560.30                    440,543.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         271,849.58    696,173.89             0.00         0.00  41,237,347.02
R               0.00          0.00             0.00         0.00           0.00
B          21,166.94     37,385.69             0.00         0.00   3,227,670.22

- -------------------------------------------------------------------------------
          293,016.52    733,559.58             0.00         0.00  44,465,017.24
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      277.330619   2.824614     1.809630     4.634244   0.000000    274.506005
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      842.153727   4.210588     5.495200     9.705788   0.000000    837.943139

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S1 (POOL # 4094)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4094 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,647.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,737.40

SUBSERVICER ADVANCES THIS MONTH                                       11,564.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     511,330.44

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        550,465.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,465,017.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          226

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      216,024.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.77619750 %     7.22380250 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.74110210 %     7.25889790 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              289,790.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,663,313.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24842552
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              127.49

POOL TRADING FACTOR:                                                28.85917571


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


Run:        12/27/96     13:00:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     1,215,592.65     8.000000  %  1,093,602.82
A-4   760944CF3    31,377,195.00    31,377,195.00     8.000000  %          0.00
A-5   760944CG1    41,173,880.00    41,173,880.00     8.000000  %          0.00
A-6   760944CH9     5,637,293.00             0.00     8.000000  %          0.00
A-7   760944BL1    20,001,399.00             0.00     0.000000  %          0.00
A-8   760944BM9     5,000,350.00             0.00     0.000000  %          0.00
A-9   760944BN7             0.00             0.00     0.236712  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     6,058,428.75     8.000000  %      6,017.27
M-2   760944CK2     4,813,170.00     4,615,040.79     8.000000  %      4,583.69
M-3   760944CL0     3,208,780.00     3,110,393.95     8.000000  %      3,089.26
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09       910,850.74     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  320,878,029.09    93,221,574.27                  1,107,293.04
===============================================================================
_______________________________________________________________________________
                                                                      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         8,047.86  1,101,650.68             0.00         0.00     121,989.83
A-4       207,733.48    207,733.48             0.00         0.00  31,377,195.00
A-5       272,592.67    272,592.67             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        18,261.63     18,261.63             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        40,109.98     46,127.25             0.00         0.00   6,052,411.48
M-2        30,553.99     35,137.68             0.00         0.00   4,610,457.10
M-3        20,592.44     23,681.70             0.00         0.00   3,107,304.69
B-1        43,141.50     43,141.50             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00     905,218.21

- -------------------------------------------------------------------------------
          641,033.55  1,748,326.59             0.00         0.00  92,108,648.70
===============================================================================
_______________________________________________________________________________



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     27.448117  24.693583     0.181721    24.875304   0.000000      2.754534
A-4   1000.000000   0.000000     6.620524     6.620524   0.000000   1000.000000
A-5   1000.000000   0.000000     6.620524     6.620524   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    944.039137   0.937626     6.250035     7.187661   0.000000    943.101512
M-2    958.836025   0.952322     6.347997     7.300319   0.000000    957.883702
M-3    969.338487   0.962752     6.417529     7.380281   0.000000    968.375735
B-1    988.993198   0.000000     8.963220     8.963220   0.000000    988.993198
B-2    567.733542   0.000000     0.000000     0.000000   0.000000    564.222785

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:08                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S2 (POOL # 4095)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4095 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,880.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,700.30

SUBSERVICER ADVANCES THIS MONTH                                       23,785.23
MASTER SERVICER ADVANCES THIS MONTH                                    9,357.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,425,857.41

 (B)  TWO MONTHLY PAYMENTS:                                    3     714,836.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     214,292.82


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        696,160.97

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      92,108,648.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          379

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               1,170,799.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,020,337.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.13046760 %    14.78613000 %    6.08340200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.89928450 %    14.94992432 %    6.15079110 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2349 %

      BANKRUPTCY AMOUNT AVAILABLE                         152,909.00
      FRAUD AMOUNT AVAILABLE                            1,146,127.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,116,030.71 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68684843
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.29

POOL TRADING FACTOR:                                                28.70519024


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


Run:        12/27/96     13:00:08                                    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-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     5,647,663.29     7.500000  %     32,700.34
A-4   760944BV9    37,600,000.00    19,092,025.30     7.500000  %     26,588.13
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     0.179662  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,577,019.31     7.500000  %      2,610.78
B-1                 3,744,527.00     3,608,720.40     7.500000  %      3,656.00
B-2                   534,817.23       515,420.45     7.500000  %        522.18

- -------------------------------------------------------------------------------
                  106,963,444.23    50,440,848.75                     66,077.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        35,287.54     67,987.88             0.00         0.00   5,614,962.95
A-4       119,290.13    145,878.26             0.00         0.00  19,065,437.17
A-5        62,481.65     62,481.65             0.00         0.00  10,000,000.00
A-6        56,233.49     56,233.49             0.00         0.00   9,000,000.00
A-7         7,549.69      7,549.69             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          16,101.64     18,712.42             0.00         0.00   2,574,408.53
B-1        22,547.88     26,203.88             0.00         0.00   3,605,064.40
B-2         3,220.43      3,742.61             0.00         0.00     514,898.27

- -------------------------------------------------------------------------------
          322,712.45    388,789.88             0.00         0.00  50,374,771.32
===============================================================================
_______________________________________________________________________________



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    527.818999   3.056107     3.297901     6.354008   0.000000    524.762893
A-4    507.766630   0.707131     3.172610     3.879741   0.000000    507.059499
A-5   1000.000000   0.000000     6.248165     6.248165   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248166     6.248166   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      963.731978   0.976358     6.021556     6.997914   0.000000    962.755621
B-1    963.731975   0.976358     6.021556     6.997914   0.000000    962.755616
B-2    963.731946   0.976352     6.021552     6.997904   0.000000    962.755575

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S3 (POOL # 4096)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4096 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,522.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,293.98

SUBSERVICER ADVANCES THIS MONTH                                       12,210.51
MASTER SERVICER ADVANCES THIS MONTH                                    3,909.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,285,899.15

 (B)  TWO MONTHLY PAYMENTS:                                    2     368,810.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,374,771.32

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 527,523.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       14,975.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.71481480 %     5.10899300 %    8.17619240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.71086530 %     5.11051160 %    8.17862310 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1797 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              589,779.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,789,829.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15291127
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.08

POOL TRADING FACTOR:                                                47.09531530


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


Run:        12/27/96     13:00:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    37,676,217.03     7.882285  %  1,466,325.80
R     760944BR8           100.00             0.00     7.882285  %          0.00
B                   7,272,473.94     5,552,031.32     7.882285  %      5,061.40

- -------------------------------------------------------------------------------
                  121,207,887.94    43,228,248.35                  1,471,387.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         243,385.80  1,709,711.60             0.00         0.00  36,209,891.23
R               0.00          0.00             0.00         0.00           0.00
B          35,865.75     40,927.15             0.00         0.00   5,546,969.92

- -------------------------------------------------------------------------------
          279,251.55  1,750,638.75             0.00         0.00  41,756,861.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      330.680767  12.869810     2.136175    15.005985   0.000000    317.810958
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      763.430899   0.695967     4.931712     5.627679   0.000000    762.734933

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:10                                        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                       13,669.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,449.19

SUBSERVICER ADVANCES THIS MONTH                                       13,920.84
MASTER SERVICER ADVANCES THIS MONTH                                    1,944.78


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,270,995.51

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     396,281.57


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        190,712.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,756,861.15

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

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                 259,949.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,431,978.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          87.15647400 %    12.84352600 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             86.71602760 %    13.28397240 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                              715,834.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,904,321.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.39661674
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.37

POOL TRADING FACTOR:                                                34.45061362



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        12/27/96     13:00:11                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,829,162.00     6.885068  %  1,623,370.79
R     760944BK3           100.00             0.00     6.885068  %          0.00
B                  11,897,842.91    10,099,950.18     6.885068  %     11,707.87

- -------------------------------------------------------------------------------
                  153,520,242.91    58,929,112.18                  1,635,078.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         275,933.46  1,899,304.25             0.00         0.00  47,205,791.21
R               0.00          0.00             0.00         0.00           0.00
B          57,074.80     68,782.67             0.00         0.00  10,088,242.31

- -------------------------------------------------------------------------------
          333,008.26  1,968,086.92             0.00         0.00  57,294,033.52
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      344.784416  11.462678     1.948376    13.411054   0.000000    333.321738
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      848.889186   0.984034     4.797070     5.781104   0.000000    847.905153

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:11                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S5 (POOL # 4098)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4098 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,803.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,471.46

SPREAD                                                                11,690.85

SUBSERVICER ADVANCES THIS MONTH                                       24,305.74
MASTER SERVICER ADVANCES THIS MONTH                                    6,774.88


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,124,963.98

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      2,300,142.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,294,033.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          197

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                 993,645.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,566,768.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.86084790 %    17.13915210 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             82.39215900 %    17.60784100 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              834,843.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,837,058.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.61238354
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.16

POOL TRADING FACTOR:                                                37.32018165


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


Run:        12/27/96     13:00:12                                    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-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     2,571,411.93     8.000000  %    291,440.49
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    28,671,400.83     8.000000  %    648,690.12
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     7,158,746.81     8.000000  %          0.00
A-8   760944ER5    18,394,000.00       442,446.95     8.000000  %    104,459.40
A-9   760944EX2     7,607,000.00     7,607,000.00     8.000000  %          0.00
A-10  760944EV6    40,000,000.00    12,383,288.21     8.000000  %    160,700.59
A-11  760944EF1     2,607,000.00       774,253.19     8.000000  %     47,537.03
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     0.222553  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,254,542.93     8.000000  %      8,815.08
M-2   760944EZ7     4,032,382.00     3,890,229.32     8.000000  %      3,705.50
M-3   760944FA1     2,419,429.00     2,355,597.86     8.000000  %      2,243.74
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66       875,289.83     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,590,531.66   114,185,330.41                  1,267,591.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        17,075.24    308,515.73             0.00         0.00   2,279,971.44
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       190,389.91    839,080.03             0.00         0.00  28,022,710.71
A-6       156,693.14    156,693.14             0.00         0.00  23,596,900.00
A-7             0.00          0.00        47,537.03         0.00   7,206,283.84
A-8         2,938.03    107,397.43             0.00         0.00     337,987.55
A-9        50,513.61     50,513.61             0.00         0.00   7,607,000.00
A-10       82,230.13    242,930.72             0.00         0.00  12,222,587.62
A-11        5,141.36     52,678.39             0.00         0.00     726,716.16
A-12       25,798.00     25,798.00             0.00         0.00   3,885,000.00
A-13       38,428.06     38,428.06             0.00         0.00   5,787,000.00
A-14       21,093.48     21,093.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        61,453.97     70,269.05             0.00         0.00   9,245,727.85
M-2        25,832.72     29,538.22             0.00         0.00   3,886,523.82
M-3        31,218.31     33,462.05             0.00         0.00   2,353,354.12
B-1        28,519.85     28,519.85             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00         0.00     869,758.09

- -------------------------------------------------------------------------------
          737,325.81  2,004,917.76        47,537.03         0.00 112,959,743.75
===============================================================================







































Run:        12/27/96     13:00:12
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     48.834168   5.534801     0.324279     5.859080   0.000000     43.299367
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    741.572067  16.778060     4.924344    21.702404   0.000000    724.794007
A-6   1000.000000   0.000000     6.640412     6.640412   0.000000   1000.000000
A-7   1344.113183   0.000000     0.000000     0.000000   8.925466   1353.038648
A-8     24.053874   5.678993     0.159728     5.838721   0.000000     18.374880
A-9   1000.000000   0.000000     6.640411     6.640411   0.000000   1000.000000
A-10   309.582205   4.017515     2.055753     6.073268   0.000000    305.564691
A-11   296.990100  18.234381     1.972137    20.206518   0.000000    278.755719
A-12  1000.000000   0.000000     6.640412     6.640412   0.000000   1000.000000
A-13  1000.000000   0.000000     6.640411     6.640411   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    956.254287   0.910845     6.349922     7.260767   0.000000    955.343442
M-2    964.747219   0.918936     6.406318     7.325254   0.000000    963.828283
M-3    973.617271   0.927384    12.903173    13.830557   0.000000    972.689887
B-1    986.414326   0.000000     5.703795     5.703795   0.000000    986.414326
B-2    602.958848   0.000000     0.000000     0.000000   0.000000    599.148211

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S6 (POOL # 4099)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4099 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,541.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,992.55

SUBSERVICER ADVANCES THIS MONTH                                       34,766.72
MASTER SERVICER ADVANCES THIS MONTH                                    4,075.62


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,875,636.57

 (B)  TWO MONTHLY PAYMENTS:                                    3     780,206.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,842,241.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     112,959,743.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          428

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                 525,660.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,116,823.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.33921200 %    13.57474700 %    5.08604070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.15471430 %    13.70895974 %    5.13632600 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2244 %

      BANKRUPTCY AMOUNT AVAILABLE                         186,282.00
      FRAUD AMOUNT AVAILABLE                            1,289,331.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,959,268.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.71586649
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.19

POOL TRADING FACTOR:                                                35.01644737


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


Run:        12/27/96     13:00:13                                    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-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DN5    23,017,500.00             0.00     5.500000  %          0.00
A-2   760944DQ8     7,746,000.00             0.00     6.000000  %          0.00
A-3   760944DD7    42,158,384.00     4,081,597.25     6.087500  %    162,436.78
A-4   760944DE5             0.00             0.00     3.912500  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    29,154,267.87     7.150000  %  1,160,262.80
A-7   760944DY1     1,986,000.00     1,028,252.95     7.500000  %     40,921.75
A-8   760944DZ8    31,082,000.00    31,082,000.00     7.500000  %          0.00
A-9   760944DF2    18,270,000.00             0.00     0.000000  %          0.00
A-10  760944DG0     6,090,000.00             0.00     0.000000  %          0.00
A-11  760944DX3    37,465,000.00     4,028,252.96     7.500000  %     40,921.75
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     0.324294  %          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     2,851,189.43     7.500000  %        103.16
M-2   760944EB0     6,051,700.00     5,160,300.48     7.500000  %          0.00
B                   1,344,847.83     1,042,517.89     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  268,959,047.83    78,428,378.83                  1,404,646.24
===============================================================================
_______________________________________________________________________________
                                                                      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        20,545.08    182,981.86             0.00         0.00   3,919,160.47
A-4        13,204.55     13,204.55             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       172,364.20  1,332,627.00             0.00         0.00  27,994,005.07
A-7         6,376.76     47,298.51             0.00         0.00     987,331.20
A-8       192,756.53    192,756.53             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       24,981.40     65,903.15             0.00         0.00   3,987,331.21
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       21,030.58     21,030.58             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        17,681.79     17,784.95             0.00         0.00   2,851,086.27
M-2             0.00          0.00             0.00         0.00   5,160,300.48
B               0.00          0.00             0.00         0.00     949,030.52

- -------------------------------------------------------------------------------
          468,940.89  1,873,587.13             0.00         0.00  76,930,245.22
===============================================================================









































Run:        12/27/96     13:00:13
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     96.815790   3.853012     0.487331     4.340343   0.000000     92.962778
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    517.750734  20.605111     3.061016    23.666127   0.000000    497.145623
A-7    517.750730  20.605111     3.210856    23.815967   0.000000    497.145619
A-8   1000.000000   0.000000     6.201548     6.201548   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   107.520431   1.092266     0.666793     1.759059   0.000000    106.428165
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    847.937377   0.030680     5.258525     5.289205   0.000000    847.906697
M-2    852.702626   0.000000     0.000000     0.000000   0.000000    852.702626
B      775.193941   0.000000     0.000000     0.000000   0.000000    705.678738

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:14                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S7 (POOL # 4100)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4100 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,596.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,416.14

SUBSERVICER ADVANCES THIS MONTH                                       12,163.47
MASTER SERVICER ADVANCES THIS MONTH                                    2,689.44


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     350,391.12

 (B)  TWO MONTHLY PAYMENTS:                                    1     516,307.54

 (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                                                      76,930,245.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          332

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 238,944.63

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      687,425.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.45569940 %    10.21504000 %    1.32926110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.35254300 %    10.41383233 %    1.23362470 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3251 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              444,494.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,631,391.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22442075
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.01

POOL TRADING FACTOR:                                                28.60295864


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


Run:        12/27/96     13:00:15                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    31,868,512.34     7.818510  %    360,696.37
R     760944DC9           100.00             0.00     7.818510  %          0.00
B                   6,746,402.77     5,277,010.63     7.818510  %      3,576.56

- -------------------------------------------------------------------------------
                  112,439,802.77    37,145,522.97                    364,272.93
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         206,861.11    567,557.48             0.00         0.00  31,507,815.97
R               0.00          0.00             0.00         0.00           0.00
B          34,253.51     37,830.07             0.00     1,443.66   5,271,990.41

- -------------------------------------------------------------------------------
          241,114.62    605,387.55             0.00     1,443.66  36,779,806.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      301.518756   3.412670     1.957183     5.369853   0.000000    298.106086
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      782.196203   0.530143     5.077300     5.607443   0.000000    781.452070

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:15                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S8 (POOL # 4101)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4101 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,804.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,958.85

SUBSERVICER ADVANCES THIS MONTH                                       13,470.11
MASTER SERVICER ADVANCES THIS MONTH                                    1,864.91


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     830,539.74

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,013,158.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      36,779,806.38

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 238,363.63

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      330,378.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.79368330 %    14.20631670 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.66607350 %    14.33392650 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              489,658.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,927,158.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.29447541
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.79

POOL TRADING FACTOR:                                                32.71066426


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


Run:        12/27/96     13:00:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    11,195,176.46     6.000000  %    590,786.28
A-4   760944EL8        10,000.00         3,778.95  2969.500000  %        199.42
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     6.187500  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     8.895832  %          0.00
A-9   760944EK0             0.00             0.00     0.213979  %          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     3,682,975.69     7.000000  %     18,951.67
B-2                   677,492.20       566,470.20     7.000000  %      2,914.91

- -------------------------------------------------------------------------------
                  135,502,292.20    74,651,448.87                    612,852.28
===============================================================================
_______________________________________________________________________________
                                                                      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        55,937.06    646,723.34             0.00         0.00  10,604,390.18
A-4         9,344.84      9,544.26             0.00         0.00       3,579.53
A-5       195,864.07    195,864.07             0.00         0.00  33,600,000.00
A-6       121,540.65    121,540.65             0.00         0.00  20,850,000.00
A-7        17,143.63     17,143.63             0.00         0.00   3,327,133.30
A-8        10,563.25     10,563.25             0.00         0.00   1,425,914.27
A-9        13,302.29     13,302.29             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
B-1        21,469.12     40,420.79             0.00         0.00   3,664,024.02
B-2         3,302.16      6,217.07             0.00         0.00     563,555.29

- -------------------------------------------------------------------------------
          448,467.07  1,061,319.35             0.00         0.00  74,038,596.59
===============================================================================
_______________________________________________________________________________



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    627.180754  33.097271     3.133729    36.231000   0.000000    594.083484
A-4    377.895000  19.942000   934.484000   954.426000   0.000000    357.953000
A-5   1000.000000   0.000000     5.829288     5.829288   0.000000   1000.000000
A-6   1000.000000   0.000000     5.829288     5.829288   0.000000   1000.000000
A-7     94.569568   0.000000     0.487286     0.487286   0.000000     94.569568
A-8     94.569568   0.000000     0.700576     0.700576   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    836.127790   4.302504     4.874028     9.176532   0.000000    831.825286
B-2    836.128003   4.302500     4.874034     9.176534   0.000000    831.825503

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:17                                        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                       17,920.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,995.28

SUBSERVICER ADVANCES THIS MONTH                                        4,145.83
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     181,848.08

 (B)  TWO MONTHLY PAYMENTS:                                    1     204,664.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      74,038,596.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          325

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      228,714.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.30761770 %     5.69238230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.29003320 %     5.70996680 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2142 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              417,545.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,688,009.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62759117
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              127.75

POOL TRADING FACTOR:                                                54.64010637


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


Run:        12/27/96     13:00:18                                    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-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    20,068,696.22     8.150000  %    110,304.88
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     2,757,056.15     8.500000  %     11,030.49
A-10  760944FD5             0.00             0.00     0.148423  %          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     3,118,780.13     8.500000  %          0.00
M-2   760944CY2     2,016,155.00     1,884,915.89     8.500000  %          0.00
M-3   760944EE4     1,344,103.00     1,265,152.01     8.500000  %          0.00
B-1                 2,016,155.00     1,982,564.84     8.500000  %          0.00
B-2                   672,055.59       225,025.15     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  134,410,378.59    38,804,054.39                    121,335.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             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       136,289.77    246,594.65             0.00         0.00  19,958,391.34
A-6         5,852.93      5,852.93             0.00         0.00           0.00
A-7        51,189.59     51,189.59             0.00         0.00   7,500,864.00
A-8         1,944.67      1,944.67             0.00         0.00       1,000.00
A-9        19,527.70     30,558.19             0.00         0.00   2,746,025.66
A-10        4,799.16      4,799.16             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        20,901.56     20,901.56             0.00         0.00   3,118,780.13
M-2             0.00          0.00             0.00         0.00   1,884,915.89
M-3             0.00          0.00             0.00         0.00   1,265,152.01
B-1             0.00          0.00             0.00         0.00   1,982,564.84
B-2             0.00          0.00             0.00         0.00     191,918.55

- -------------------------------------------------------------------------------
          240,505.38    361,840.75             0.00         0.00  38,649,612.42
===============================================================================













































Run:        12/27/96     13:00:18
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    973.924887   5.353047     6.614082    11.967129   0.000000    968.571840
A-7   1000.000000   0.000000     6.824492     6.824492   0.000000   1000.000000
A-8   1000.000000   0.000000  1944.670000  1944.670000   0.000000   1000.000000
A-9    528.902514   2.116045     3.746115     5.862160   0.000000    526.786470
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    928.136828   0.000000     6.220223     6.220223   0.000000    928.136828
M-2    934.906240   0.000000     0.000000     0.000000   0.000000    934.906240
M-3    941.261205   0.000000     0.000000     0.000000   0.000000    941.261205
B-1    983.339495   0.000000     0.000000     0.000000   0.000000    983.339495
B-2    334.831156   0.000000     0.000000     0.000000   0.000000    285.569457

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:18                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S10 (POOL # 4103)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4103 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,765.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,010.15

SUBSERVICER ADVANCES THIS MONTH                                        2,750.79
MASTER SERVICER ADVANCES THIS MONTH                                    3,061.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     134,164.29

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        208,903.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,649,612.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          155

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                 386,814.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        2,884.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.15579290 %    16.15513700 %    5.68907050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.15416280 %    16.21969184 %    5.62614540 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1477 %

      BANKRUPTCY AMOUNT AVAILABLE                         118,613.00
      FRAUD AMOUNT AVAILABLE                              433,881.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,604,879.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07817132
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.34

POOL TRADING FACTOR:                                                28.75493159


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


Run:        12/27/96     13:03:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    29,395,319.48     7.470000  %    159,627.41
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    64,432,149.91                    159,627.41
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       181,830.36    341,457.77             0.00         0.00  29,235,692.07
A-2       216,727.02    216,727.02             0.00         0.00  35,036,830.43
S-1         2,582.57      2,582.57             0.00         0.00           0.00
S-2        12,457.99     12,457.99             0.00         0.00           0.00
S-3         1,657.52      1,657.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          415,255.46    574,882.87             0.00         0.00  64,272,522.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    888.398195   4.824329     5.495357    10.319686   0.000000    883.573866
A-2   1000.000000   0.000000     6.185691     6.185691   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       26-December-96 
DISTRIBUTION DATE        31-December-96 

Run:     12/27/96     13:03:16                                        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                     1,610.80

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      64,272,522.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               4,769,539.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 


ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                94.34508350


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


Run:        12/27/96     13:00:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     9,656,572.41    10.000000  %     34,891.93
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    35,320,579.57     7.250000  %    279,135.41
A-6   7609208K7    48,625,000.00     8,830,144.86     6.187500  %     69,783.85
A-7   7609208L5             0.00             0.00     3.812500  %          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     0.164153  %          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     8,211,626.80     8.000000  %      7,833.00
M-2   7609208S0     5,252,983.00     5,008,309.37     8.000000  %      4,777.38
M-3   7609208T8     3,501,988.00     3,369,615.92     8.000000  %      3,214.25
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,071,325.20     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  350,198,858.34   129,018,115.02                    399,635.82
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        80,386.74    115,278.67             0.00         0.00   9,621,680.48
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       213,170.56    492,305.97             0.00         0.00  35,041,444.16
A-6        45,482.51    115,266.36             0.00         0.00   8,760,361.01
A-7        28,024.58     28,024.58             0.00         0.00           0.00
A-8        43,263.91     43,263.91             0.00         0.00   6,663,000.00
A-9       231,156.44    231,156.44             0.00         0.00  35,600,000.00
A-10       65,918.54     65,918.54             0.00         0.00  10,152,000.00
A-11       17,630.35     17,630.35             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        54,686.56     62,519.56             0.00         0.00   8,203,793.80
M-2        33,353.59     38,130.97             0.00         0.00   5,003,531.99
M-3        22,440.47     25,654.72             0.00         0.00   3,366,401.67
B-1        46,151.66     46,151.66             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,065,405.10

- -------------------------------------------------------------------------------
          881,665.91  1,281,301.73             0.00         0.00 128,612,559.10
===============================================================================











































Run:        12/27/96     13:00:19
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    326.743331   1.180616     2.719995     3.900611   0.000000    325.562715
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    596.148048   4.711305     3.597937     8.309242   0.000000    591.436743
A-6    181.596809   1.435143     0.935373     2.370516   0.000000    180.161666
A-8   1000.000000   0.000000     6.493158     6.493158   0.000000   1000.000000
A-9   1000.000000   0.000000     6.493158     6.493158   0.000000   1000.000000
A-10  1000.000000   0.000000     6.493158     6.493158   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    937.938778   0.894692     6.246344     7.141036   0.000000    937.044086
M-2    953.421964   0.909460     6.349457     7.258917   0.000000    952.512504
M-3    962.200876   0.917836     6.407923     7.325759   0.000000    961.283040
B-1    977.528557   0.000000     8.785800     8.785800   0.000000    977.528557
B-2    611.837836   0.000000     0.000000     0.000000   0.000000    608.456845

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S11 (POOL # 4104)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4104 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,356.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,570.10

SUBSERVICER ADVANCES THIS MONTH                                       35,689.55
MASTER SERVICER ADVANCES THIS MONTH                                    1,614.64


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,072,588.03

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,577,648.54

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,612,559.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          499

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                 209,076.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      282,486.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.33130430 %    12.85831200 %    4.81038350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            82.29249650 %    12.88655445 %    4.82094910 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1645 %

      BANKRUPTCY AMOUNT AVAILABLE                         544,063.00
      FRAUD AMOUNT AVAILABLE                            1,406,867.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,200,598.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.64715092
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.48

POOL TRADING FACTOR:                                                36.72557921


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


Run:        12/27/96     13:00:21                                    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-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    10,915,094.22     7.500000  %    181,555.31
A-6   760944GG7    20,505,000.00    10,171,514.58     7.000000  %    169,187.04
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     1,687,328.25     7.500000  %    150,860.45
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    24,137,671.75     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     2,034,302.95     6.137500  %     33,837.41
A-14  760944GU6             0.00             0.00     3.862500  %          0.00
A-15  760944GV4             0.00             0.00     0.162030  %          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     7,800,740.46     7.500000  %     22,125.62
M-2   760944GX0     3,698,106.00     3,550,098.64     7.500000  %     10,069.32
M-3   760944GY8     2,218,863.00     2,137,159.43     7.500000  %      6,061.73
B-1                 4,437,728.00     4,323,128.99     7.500000  %          0.00
B-2                 1,479,242.76     1,232,598.13     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  295,848,488.76   134,539,637.40                    573,696.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        68,183.26    249,738.57             0.00         0.00  10,733,538.91
A-6        59,302.45    228,489.49             0.00         0.00  10,002,327.54
A-7       144,623.45    144,623.45             0.00         0.00  23,152,000.00
A-8        62,466.94     62,466.94             0.00         0.00  10,000,000.00
A-9        10,540.22    161,400.67             0.00         0.00   1,536,467.80
A-10       21,257.50     21,257.50             0.00         0.00   3,403,000.00
A-11      187,369.59    187,369.59             0.00         0.00  29,995,000.00
A-12            0.00          0.00       150,860.45         0.00  24,288,532.20
A-13       10,399.11     44,236.52             0.00         0.00   2,000,465.54
A-14        6,544.45      6,544.45             0.00         0.00           0.00
A-15       18,158.65     18,158.65             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        48,734.23     70,859.85             0.00         0.00   7,778,614.84
M-2        22,178.84     32,248.16             0.00         0.00   3,540,029.32
M-3        13,351.66     19,413.39             0.00         0.00   2,131,097.70
B-1        50,466.72     50,466.72             0.00         0.00   4,323,128.99
B-2             0.00          0.00             0.00         0.00   1,216,840.16

- -------------------------------------------------------------------------------
          723,577.07  1,297,273.95       150,860.45         0.00 134,101,043.00
===============================================================================



































Run:        12/27/96     13:00:21
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    496.050455   8.251014     3.098676    11.349690   0.000000    487.799442
A-6    496.050455   8.251014     2.892097    11.143111   0.000000    487.799441
A-7   1000.000000   0.000000     6.246694     6.246694   0.000000   1000.000000
A-8   1000.000000   0.000000     6.246694     6.246694   0.000000   1000.000000
A-9    225.729532  20.182000     1.410063    21.592063   0.000000    205.547532
A-10  1000.000000   0.000000     6.246694     6.246694   0.000000   1000.000000
A-11  1000.000000   0.000000     6.246694     6.246694   0.000000   1000.000000
A-12  1315.404455   0.000000     0.000000     0.000000   8.221278   1323.625733
A-13    86.459388   1.438115     0.441970     1.880085   0.000000     85.021273
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    958.751949   2.719355     5.989693     8.709048   0.000000    956.032594
M-2    959.977524   2.722832     5.997351     8.720183   0.000000    957.254692
M-3    963.177731   2.731908     6.017343     8.749251   0.000000    960.445823
B-1    974.176198   0.000000    11.372198    11.372198   0.000000    974.176198
B-2    833.262912   0.000000     0.000000     0.000000   0.000000    822.610185

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:22                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S12 (POOL # 4105)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4105 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       49,859.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,348.34

SUBSERVICER ADVANCES THIS MONTH                                       27,611.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,850,081.05

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     268,015.88


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        625,439.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     134,101,043.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                       56,993.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.84526760 %    10.02529700 %    4.12943520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.83925180 %    10.02955798 %    4.13119020 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1619 %

      BANKRUPTCY AMOUNT AVAILABLE                         212,759.00
      FRAUD AMOUNT AVAILABLE                              728,338.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,447,874.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23263748
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.30

POOL TRADING FACTOR:                                                45.32760791


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


Run:        12/27/96     13:00:23                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     4,186,756.73     6.187500  %    534,130.64
A-6   760944FK9             0.00             0.00     2.312500  %          0.00
A-7   760944FN3     6,666,667.00     3,349,405.71     6.250000  %    427,304.55
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     0.276495  %          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     1,938,530.22     7.500000  %      9,717.90
M-2   760944FW3     4,582,565.00     3,894,253.99     7.500000  %     19,521.98
B-1                   458,256.00       389,549.78     7.500000  %      1,952.82
B-2                   917,329.35       682,228.05     7.500000  %        880.08

- -------------------------------------------------------------------------------
                  183,302,633.35    63,940,725.48                    993,507.97
===============================================================================
_______________________________________________________________________________
                                                                      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        21,418.11    555,548.75             0.00         0.00   3,652,626.09
A-6         8,004.75      8,004.75             0.00         0.00           0.00
A-7        17,307.57    444,612.12             0.00         0.00   2,922,101.16
A-8       201,526.85    201,526.85             0.00         0.00  32,500,001.00
A-9        64,651.20     64,651.20             0.00         0.00  12,000,000.00
A-10       39,685.29     39,685.29             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        1,077.52      1,077.52             0.00         0.00     200,000.00
A-15       14,616.83     14,616.83             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        12,020.48     21,738.38             0.00         0.00   1,928,812.32
M-2        24,147.59     43,669.57             0.00         0.00   3,874,732.01
B-1         2,415.53      4,368.35             0.00         0.00     387,596.96
B-2         4,230.43      5,110.51             0.00         0.00     678,808.02

- -------------------------------------------------------------------------------
          411,102.15  1,404,610.12             0.00         0.00  62,944,677.56
===============================================================================





































Run:        12/27/96     13:00:23
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    229.414747  29.267869     1.173613    30.441482   0.000000    200.146878
A-7    502.410831  64.095679     2.596135    66.691814   0.000000    438.315152
A-8   1000.000000   0.000000     6.200826     6.200826   0.000000   1000.000000
A-9   1000.000000   0.000000     5.387600     5.387600   0.000000   1000.000000
A-10   120.000000   0.000000     0.992132     0.992132   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     5.387600     5.387600   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    846.046109   4.241250     5.246181     9.487431   0.000000    841.804859
M-2    849.797873   4.260055     5.269448     9.529503   0.000000    845.537818
B-1    850.070223   4.261417     5.271137     9.532554   0.000000    845.808806
B-2    743.711133   0.959394     4.611626     5.571020   0.000000    739.982886

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:24                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S13 (POOL # 4106)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4106 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,158.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,857.00

SUBSERVICER ADVANCES THIS MONTH                                        9,337.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     497,929.70

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        356,062.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      62,944,677.56

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      675,511.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.20162070 %     9.12217400 %    1.67620530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.08573440 %     9.22007159 %    1.69419400 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2767 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              369,318.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,776,306.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22615239
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.18

POOL TRADING FACTOR:                                                34.33921074


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


Run:        12/27/96     13:00:24                                    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-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    23,949,859.09     7.500000  %    508,719.80
A-7   760944HD3    36,855,000.00    27,052,594.60     7.000000  %    574,625.12
A-8   760944HW1    29,999,000.00     5,410,107.74    10.000190  %    114,916.29
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    21,696,446.75     7.500000  %    460,869.69
A-16  760944HM3             0.00             0.00     0.295458  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,655,193.29     7.500000  %          0.00
M-2   760944HT8     6,032,300.00     5,768,865.07     7.500000  %          0.00
M-3   760944HU5     3,619,400.00     3,484,822.39     7.500000  %          0.00
B-1                 4,825,900.00     4,670,638.05     7.500000  %          0.00
B-2                 2,413,000.00     2,358,480.75     7.500000  %          0.00
B-3                 2,412,994.79     2,009,477.88     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  482,582,094.79   214,173,485.61                  1,659,130.90
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-6       149,522.01    658,241.81             0.00         0.00  23,441,139.29
A-7       157,633.26    732,258.38             0.00         0.00  26,477,969.48
A-8        45,035.51    159,951.80             0.00         0.00   5,295,191.45
A-9       595,382.03    595,382.03             0.00         0.00  95,366,000.00
A-10       52,230.00     52,230.00             0.00         0.00   8,366,000.00
A-11        8,646.73      8,646.73             0.00         0.00   1,385,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14            0.00          0.00             0.00         0.00           0.00
A-15      135,453.67    596,323.36             0.00         0.00  21,235,577.06
A-16       52,674.81     52,674.81             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        69,654.64     69,654.64             0.00         0.00  12,655,193.29
M-2             0.00          0.00             0.00         0.00   5,768,865.07
M-3             0.00          0.00             0.00         0.00   3,484,822.39
B-1             0.00          0.00             0.00         0.00   4,670,638.05
B-2             0.00          0.00             0.00         0.00   2,358,480.75
B-3             0.00          0.00             0.00         0.00   1,852,980.84

- -------------------------------------------------------------------------------
        1,266,232.66  2,925,363.56             0.00         0.00 212,357,857.67
===============================================================================

































Run:        12/27/96     13:00:24
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    734.027801  15.591510     4.582629    20.174139   0.000000    718.436291
A-7    734.027801  15.591511     4.277120    19.868631   0.000000    718.436290
A-8    180.342936   3.830671     1.501234     5.331905   0.000000    176.512265
A-9   1000.000000   0.000000     6.243127     6.243127   0.000000   1000.000000
A-10  1000.000000   0.000000     6.243127     6.243127   0.000000   1000.000000
A-11  1000.000000   0.000000     6.243126     6.243126   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   734.004762  15.591518     4.582485    20.174003   0.000000    718.413243
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    953.561639   0.000000     5.248438     5.248438   0.000000    953.561639
M-2    956.329272   0.000000     0.000000     0.000000   0.000000    956.329272
M-3    962.817702   0.000000     0.000000     0.000000   0.000000    962.817702
B-1    967.827359   0.000000     0.000000     0.000000   0.000000    967.827359
B-2    977.406030   0.000000     0.000000     0.000000   0.000000    977.406030
B-3    832.773402   0.000000     0.000000     0.000000   0.000000    767.917464

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:26                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4107 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       61,714.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,482.04

SUBSERVICER ADVANCES THIS MONTH                                       71,385.20
MASTER SERVICER ADVANCES THIS MONTH                                    1,646.39


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,885,222.32

 (B)  TWO MONTHLY PAYMENTS:                                    2     796,308.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     576,031.68


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      3,292,734.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     212,357,857.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          766

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 224,406.85

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      732,582.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.55027610 %    10.22950200 %    4.22022210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.50042800 %    10.31696260 %    4.18260940 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2951 %

      BANKRUPTCY AMOUNT AVAILABLE                         245,792.00
      FRAUD AMOUNT AVAILABLE                            2,273,284.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,730,871.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.26848325
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.14

POOL TRADING FACTOR:                                                44.00450410


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


Run:        12/27/96     13:00:26                                    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-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    12,543,473.44     5.600000  %    487,214.29
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    15,575,718.77     6.187500  %    369,195.17
A-11  760944JE9             0.00             0.00     2.312500  %          0.00
A-12  760944JN9     2,200,013.00       716,749.07     7.500000  %     10,814.99
A-13  760944JP4     9,999,984.00     3,257,905.61     9.500000  %     49,158.37
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     6.634000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.024800  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.315605  %          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     4,911,415.60     7.000000  %     24,633.41
M-2   760944JK5     5,050,288.00     4,389,214.50     7.000000  %     22,014.29
B-1                 1,442,939.00     1,298,725.93     7.000000  %      6,513.81
B-2                   721,471.33       278,796.36     7.000000  %      1,398.32

- -------------------------------------------------------------------------------
                  288,587,914.33   131,970,695.27                    970,942.65
===============================================================================
_______________________________________________________________________________
                                                                      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        58,484.11    545,698.40             0.00         0.00  12,056,259.15
A-4        51,447.65     51,447.65             0.00         0.00  10,298,695.00
A-5       223,134.55    223,134.55             0.00         0.00  40,000,000.00
A-6        67,434.21     67,434.21             0.00         0.00  11,700,000.00
A-7         7,409.73      7,409.73             0.00         0.00           0.00
A-8       103,463.16    103,463.16             0.00         0.00  18,141,079.00
A-9         2,323.90      2,323.90             0.00         0.00      10,000.00
A-10       80,240.82    449,435.99             0.00         0.00  15,206,523.60
A-11       29,988.99     29,988.99             0.00         0.00           0.00
A-12        4,475.69     15,290.68             0.00         0.00     705,934.08
A-13       25,768.79     74,927.16             0.00         0.00   3,208,747.24
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       36,014.08     36,014.08             0.00         0.00   6,520,258.32
A-17       15,558.69     15,558.69             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       34,677.97     34,677.97             0.00         0.00           0.00
R-I             0.10          0.10             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        28,624.42     53,257.83             0.00         0.00   4,886,782.19
M-2        25,580.96     47,595.25             0.00         0.00   4,367,200.21
B-1         7,569.16     14,082.97             0.00         0.00   1,292,212.12
B-2         1,624.85      3,023.17             0.00         0.00     277,398.04

- -------------------------------------------------------------------------------
          803,821.83  1,774,764.48             0.00         0.00 130,999,752.62
===============================================================================





























Run:        12/27/96     13:00:26
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    528.832485  20.540941     2.465688    23.006629   0.000000    508.291545
A-4   1000.000000   0.000000     4.995550     4.995550   0.000000   1000.000000
A-5   1000.000000   0.000000     5.578364     5.578364   0.000000   1000.000000
A-6   1000.000000   0.000000     5.763608     5.763608   0.000000   1000.000000
A-8   1000.000000   0.000000     5.703253     5.703253   0.000000   1000.000000
A-9   1000.000000   0.000000   232.390000   232.390000   0.000000   1000.000000
A-10   490.008943  11.614805     2.524360    14.139165   0.000000    478.394139
A-12   325.793107   4.915875     2.034393     6.950268   0.000000    320.877231
A-13   325.791082   4.915845     2.576883     7.492728   0.000000    320.875237
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     0.917184     0.917184   0.000000    166.053934
A-17   211.173371   0.000000     1.410930     1.410930   0.000000    211.173371
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     1.000000     1.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    850.901245   4.267731     4.959172     9.226903   0.000000    846.633514
M-2    869.101822   4.359017     5.065248     9.424265   0.000000    864.742805
B-1    900.056018   4.514266     5.245655     9.759921   0.000000    895.541752
B-2    386.427497   1.938137     2.252148     4.190285   0.000000    384.489346

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S15 (POOL # 4108)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4108 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       35,858.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,240.29

SUBSERVICER ADVANCES THIS MONTH                                       23,234.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,192,984.67

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     130,999,752.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          562

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      309,038.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.75714550 %     7.04749600 %    1.19535800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.73770000 %     7.06412204 %    1.19817800 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3145 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              715,923.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,765,716.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.76593134
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.05

POOL TRADING FACTOR:                                                45.39336061


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


Run:        12/27/96     13:03:17                                    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    28,713,002.86     7.470000  %    114,542.14
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    52,781,523.44                    114,542.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       173,447.21    287,989.35             0.00         0.00  28,598,460.72
A-2       145,391.20    145,391.20             0.00         0.00  24,068,520.58
S-1         3,727.05      3,727.05             0.00         0.00           0.00
S-2         6,317.19      6,317.19             0.00         0.00           0.00
S-3         3,320.22      3,320.22             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          332,202.87    446,745.01             0.00         0.00  52,666,981.30
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    900.009493   3.590325     5.436705     9.027030   0.000000    896.419168
A-2   1000.000000   0.000000     6.040720     6.040720   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       26-December-96 
DISTRIBUTION DATE        31-December-96 

Run:     12/27/96     13:03:17                                        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                     1,319.54

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                                                      52,666,981.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,828,633.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                94.09586636


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


Run:        12/27/96     13:00:28                                    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-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    17,331,821.61     7.000000  %    702,215.54
A-2   760944KV9    20,040,000.00    11,050,319.23     7.000000  %    192,259.83
A-3   760944KS6    30,024,000.00    16,555,628.01     6.000000  %    288,044.37
A-4   760944LF3    10,008,000.00     5,518,542.65    10.000000  %     96,014.79
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     0.242479  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,707,622.71     7.000000  %      6,164.26
M-2   760944LC0     2,689,999.61     2,594,373.63     7.000000  %      2,801.94
M-3   760944LD8     1,613,999.76     1,556,624.18     7.000000  %      1,681.16
B-1                 2,151,999.69     2,079,888.42     7.000000  %      2,246.29
B-2                 1,075,999.84     1,039,944.22     7.000000  %          0.00
B-3                 1,075,999.84       993,047.56     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  215,199,968.62   154,529,812.22                  1,291,428.18
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       100,637.61    802,853.15             0.00         0.00  16,629,606.07
A-2        64,163.93    256,423.76             0.00         0.00  10,858,059.40
A-3        82,397.68    370,442.05             0.00         0.00  16,267,583.64
A-4        45,776.49    141,791.28             0.00         0.00   5,422,527.86
A-5       129,665.46    129,665.46             0.00         0.00  22,331,000.00
A-6       106,120.01    106,120.01             0.00         0.00  18,276,000.00
A-7       196,812.08    196,812.08             0.00         0.00  33,895,000.00
A-8        81,523.58     81,523.58             0.00         0.00  14,040,000.00
A-9         9,058.18      9,058.18             0.00         0.00   1,560,000.00
A-10       31,081.69     31,081.69             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        33,141.44     39,305.70             0.00         0.00   5,701,458.45
M-2        15,064.29     17,866.23             0.00         0.00   2,591,571.69
M-3         9,038.58     10,719.74             0.00         0.00   1,554,943.02
B-1        16,276.80     18,523.09             0.00         0.00   2,077,642.13
B-2         9,800.34      9,800.34             0.00         0.00   1,039,944.22
B-3             0.00          0.00             0.00         0.00     990,851.92

- -------------------------------------------------------------------------------
          930,558.16  2,221,986.34             0.00         0.00 153,236,188.40
===============================================================================













































Run:        12/27/96     13:00:28
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    345.489407  13.997838     2.006092    16.003930   0.000000    331.491569
A-2    551.413135   9.593804     3.201793    12.795597   0.000000    541.819331
A-3    551.413136   9.593804     2.744394    12.338198   0.000000    541.819333
A-4    551.413134   9.593804     4.573990    14.167794   0.000000    541.819331
A-5   1000.000000   0.000000     5.806523     5.806523   0.000000   1000.000000
A-6   1000.000000   0.000000     5.806523     5.806523   0.000000   1000.000000
A-7   1000.000000   0.000000     5.806522     5.806522   0.000000   1000.000000
A-8   1000.000000   0.000000     5.806523     5.806523   0.000000   1000.000000
A-9   1000.000000   0.000000     5.806526     5.806526   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.451305   1.041612     5.600108     6.641720   0.000000    963.409693
M-2    964.451303   1.041614     5.600109     6.641723   0.000000    963.409690
M-3    964.451308   1.041611     5.600112     6.641723   0.000000    963.409697
B-1    966.491041   1.043815     7.563570     8.607385   0.000000    965.447226
B-2    966.491054   0.000000     9.108124     9.108124   0.000000    966.491055
B-3    922.906792   0.000000     0.000000     0.000000   0.000000    920.866234

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4109 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,763.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,155.47

SUBSERVICER ADVANCES THIS MONTH                                       16,526.84
MASTER SERVICER ADVANCES THIS MONTH                                    2,401.91


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,656,824.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        715,705.09

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     153,236,188.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          542

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                 337,397.56

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,126,730.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.95870210 %     6.37975300 %    2.66154480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.89222230 %     6.42666283 %    2.68111490 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2414 %

      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                          7.63848542
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.31

POOL TRADING FACTOR:                                                71.20641763


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


Run:        12/27/96     13:00:30                                    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-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    12,860,906.92     5.650000  %  1,624,519.62
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    18,559,394.24     6.037500  %    877,178.00
A-8   760944KE7             0.00             0.00    13.850000  %          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     7,148,918.86     7.000000  %    126,935.87
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     0.141450  %          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     3,500,840.41     7.000000  %     25,043.15
M-2   760944KM9     2,343,800.00     2,020,206.89     7.000000  %     14,451.48
M-3   760944MF2     1,171,900.00     1,016,605.07     7.000000  %      7,272.25
B-1                 1,406,270.00     1,219,917.40     7.000000  %          0.00
B-2                   351,564.90       170,267.45     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  234,376,334.90   112,491,057.24                  2,675,400.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        59,982.18  1,684,501.80             0.00         0.00  11,236,387.30
A-4        37,176.11     37,176.11             0.00         0.00   7,444,000.00
A-5       149,535.85    149,535.85             0.00         0.00  28,305,000.00
A-6        71,019.87     71,019.87             0.00         0.00  12,746,000.00
A-7        92,496.04    969,674.04             0.00         0.00  17,682,216.24
A-8        53,046.39     53,046.39             0.00         0.00           0.00
A-9        85,120.16     85,120.16             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       41,308.62    168,244.49             0.00         0.00   7,021,982.99
A-14       14,509.15     14,509.15             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       13,134.76     13,134.76             0.00         0.00           0.00
R-I             3.49          3.49             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        20,228.91     45,272.06             0.00         0.00   3,475,797.26
M-2        11,673.37     26,124.85             0.00         0.00   2,005,755.41
M-3        13,141.08     20,413.33             0.00         0.00   1,009,332.82
B-1         8,619.74      8,619.74             0.00         0.00   1,219,917.40
B-2             0.00          0.00             0.00         0.00     160,322.80

- -------------------------------------------------------------------------------
          670,995.72  3,346,396.09             0.00         0.00 109,805,712.22
===============================================================================

































Run:        12/27/96     13:00:30
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    604.280737  76.329447     2.818314    79.147761   0.000000    527.951290
A-4   1000.000000   0.000000     4.994104     4.994104   0.000000   1000.000000
A-5   1000.000000   0.000000     5.283019     5.283019   0.000000   1000.000000
A-6   1000.000000   0.000000     5.571934     5.571934   0.000000   1000.000000
A-7    395.942191  18.713530     1.973291    20.686821   0.000000    377.228661
A-9   1000.000000   0.000000     5.778302     5.778302   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   207.938303   3.692143     1.201531     4.893674   0.000000    204.246160
A-14   461.333333   0.000000     2.418192     2.418192   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    34.940000    34.940000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    853.530430   6.105703     4.931956    11.037659   0.000000    847.424727
M-2    861.936552   6.165833     4.980532    11.146365   0.000000    855.770719
M-3    867.484487   6.205521    11.213482    17.419003   0.000000    861.278966
B-1    867.484480   0.000000     6.129503     6.129503   0.000000    867.484480
B-2    484.312996   0.000000     0.000000     0.000000   0.000000    456.026185

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S17 (POOL # 4110)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4110 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,885.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,184.13

SUBSERVICER ADVANCES THIS MONTH                                        9,975.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     354,535.09

 (B)  TWO MONTHLY PAYMENTS:                                    1     369,439.56

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        237,754.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     109,805,712.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          458

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,880,643.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.95247340 %     5.81170900 %    1.23581810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.83177030 %     5.91124574 %    1.25698400 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1401 %

      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                          7.60965348
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.13

POOL TRADING FACTOR:                                                46.85017038


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


Run:        12/27/96     13:00:32                                    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-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     8,257,505.88     7.500000  %    404,729.18
A-3   760944LY2    81,356,000.00    20,784,151.60     6.250000  %    755,492.71
A-4   760944LN6    40,678,000.00    10,392,075.80    10.000000  %    377,746.35
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     0.136675  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,229,485.84     7.500000  %     41,785.47
M-2   760944LV8     6,257,900.00     6,032,988.55     7.500000  %     19,055.26
M-3   760944LW6     3,754,700.00     3,634,178.41     7.500000  %     11,478.59
B-1                 5,757,200.00     5,609,181.74     7.500000  %      7,576.56
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,273,139.69     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  500,624,336.49   259,928,562.99                  1,617,864.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        51,467.42    456,196.60             0.00         0.00   7,852,776.70
A-3       107,952.96    863,445.67             0.00         0.00  20,028,658.89
A-4        86,362.36    464,108.71             0.00         0.00  10,014,329.45
A-5       415,054.90    415,054.90             0.00         0.00  66,592,000.00
A-6       327,639.82    327,639.82             0.00         0.00  52,567,000.00
A-7       333,081.05    333,081.05             0.00         0.00  53,440,000.00
A-8        89,914.43     89,914.43             0.00         0.00  14,426,000.00
A-9        29,523.32     29,523.32             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        82,456.80    124,242.27             0.00         0.00  13,187,700.37
M-2        37,602.44     56,657.70             0.00         0.00   6,013,933.29
M-3        22,651.13     34,129.72             0.00         0.00   3,622,699.82
B-1        34,960.94     42,537.50             0.00         0.00   5,601,605.18
B-2             0.00          0.00             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,247,320.75

- -------------------------------------------------------------------------------
        1,618,667.57  3,236,531.69             0.00         0.00 258,284,879.93
===============================================================================















































Run:        12/27/96     13:00:32
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    116.002274   5.685676     0.723019     6.408695   0.000000    110.316598
A-3    255.471651   9.286257     1.326921    10.613178   0.000000    246.185394
A-4    255.471651   9.286257     2.123073    11.409330   0.000000    246.185394
A-5   1000.000000   0.000000     6.232804     6.232804   0.000000   1000.000000
A-6   1000.000000   0.000000     6.232804     6.232804   0.000000   1000.000000
A-7   1000.000000   0.000000     6.232804     6.232804   0.000000   1000.000000
A-8   1000.000000   0.000000     6.232804     6.232804   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.914454   3.035058     5.989192     9.024250   0.000000    957.879396
M-2    964.059597   3.044993     6.008795     9.053788   0.000000    961.014604
M-3    967.901140   3.057126     6.032740     9.089866   0.000000    964.844014
B-1    974.289887   1.316015     6.072560     7.388575   0.000000    972.973873
B-2    977.249130   0.000000     0.000000     0.000000   0.000000    977.249130
B-3    825.564598   0.000000     0.000000     0.000000   0.000000    816.187611

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:33                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4111 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       67,853.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,694.77

SUBSERVICER ADVANCES THIS MONTH                                       31,763.89
MASTER SERVICER ADVANCES THIS MONTH                                    8,809.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,567,171.61

 (B)  TWO MONTHLY PAYMENTS:                                    2     785,037.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,009,554.16

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     258,284,879.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          908

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               1,178,039.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      822,695.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.12345060 %     8.80882500 %    4.06772410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.08243590 %     8.83688332 %    4.08068080 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1351 %

      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                          8.07642580
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.94

POOL TRADING FACTOR:                                                51.59255376


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


Run:        12/27/96     12:58:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-19 (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    29,755,344.98     6.913279  %  1,205,861.58
A-2   760944LJ5     5,265,582.31     1,899,188.10     6.913279  %     76,966.27
S-1   760944LK2             0.00             0.00     0.090000  %          0.00
S-2   760944LG1             0.00             0.00     0.143600  %          0.00

- -------------------------------------------------------------------------------
                   87,763,582.31    31,654,533.08                  1,282,827.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       170,186.18  1,376,047.76             0.00         0.00  28,549,483.40
A-2        10,862.44     87,828.71             0.00         0.00   1,822,221.83
S-1         2,356.97      2,356.97             0.00         0.00           0.00
S-2         3,760.67      3,760.67             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          187,166.26  1,469,994.11             0.00         0.00  30,371,705.23
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    360.679592  14.616858     2.062913    16.679771   0.000000    346.062734
A-2    360.679596  14.616858     2.062913    16.679771   0.000000    346.062738

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     12:59:00                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-19 (POOL # 3184)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 3184 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,784.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,285.69

SUBSERVICER ADVANCES THIS MONTH                                        9,940.61
MASTER SERVICER ADVANCES THIS MONTH                                    1,960.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,021,449.05

 (B)  TWO MONTHLY PAYMENTS:                                    1     369,091.92

 (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                                                      30,371,705.23

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

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                 291,065.25

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,251,857.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

LETTER OF CREDIT - TOTAL AVAILABLE AMOUNT                          7,668,090.86
      BANKRUPTCY AMOUNT AVAILABLE                         149,087.00
      FRAUD AMOUNT AVAILABLE                            1,755,272.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,146,180.00 

LOSS AMOUNT COVERED BY LETTER OF CREDIT                                  416.80
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.93215196
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.59

POOL TRADING FACTOR:                                                34.60627339


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


Run:        12/27/96     13:00:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     4,608,062.25     5.249810  %    777,579.23
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    31,691,653.14     6.137500  %    907,273.72
A-10  760944NK0             0.00             0.00     2.362500  %          0.00
A-11  760944NL8    37,000,000.00    12,499,498.87     7.250000  %          0.00
A-12  760944NM6     2,400,000.00     2,400,000.00     7.062290  %          0.00
A-13  760944NN4    34,545,000.00     9,020,493.03     6.034000  %          0.00
A-14  760944NP9    13,505,000.00     3,526,465.71     8.865596  %          0.00
A-15  760944NQ7             0.00             0.00     0.096115  %          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     3,340,301.59     7.000000  %     16,454.33
M-2   760944NW4     1,958,800.00     1,670,150.80     7.000000  %      8,227.16
M-3   760944NX2     1,305,860.00     1,113,428.16     7.000000  %      5,484.75
B-1                 1,567,032.00     1,336,113.82     7.000000  %      6,581.70
B-2                   783,516.00       668,056.91     7.000000  %      3,290.85
B-3                   914,107.69       779,404.51     7.000000  %      3,839.35

- -------------------------------------------------------------------------------
                  261,172,115.69   148,943,628.79                  1,728,731.09
===============================================================================
_______________________________________________________________________________
                                                                      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        20,075.62    797,654.85             0.00         0.00   3,830,483.02
A-5       104,372.35    104,372.35             0.00         0.00  21,873,000.00
A-6        62,586.28     62,586.28             0.00         0.00  12,561,000.00
A-7       137,987.02    137,987.02             0.00         0.00  23,816,000.00
A-8       104,521.57    104,521.57             0.00         0.00  18,040,000.00
A-9       161,414.82  1,068,688.54             0.00         0.00  30,784,379.42
A-10       62,133.20     62,133.20             0.00         0.00           0.00
A-11       75,203.43     75,203.43             0.00         0.00  12,499,498.87
A-12       14,065.78     14,065.78             0.00         0.00   2,400,000.00
A-13       45,169.22     45,169.22             0.00         0.00   9,020,493.03
A-14       25,945.06     25,945.06             0.00         0.00   3,526,465.71
A-15       11,880.09     11,880.09             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        19,403.97     35,858.30             0.00         0.00   3,323,847.26
M-2         9,701.99     17,929.15             0.00         0.00   1,661,923.64
M-3         6,467.96     11,952.71             0.00         0.00   1,107,943.41
B-1         7,761.55     14,343.25             0.00         0.00   1,329,532.12
B-2         3,880.78      7,171.63             0.00         0.00     664,766.06
B-3         4,527.60      8,366.95             0.00         0.00     775,565.16

- -------------------------------------------------------------------------------
          877,100.92  2,605,832.01             0.00         0.00 147,214,897.70
===============================================================================

































Run:        12/27/96     13:00:34
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    580.506708  97.956567     2.529053   100.485620   0.000000    482.550141
A-5   1000.000000   0.000000     4.771744     4.771744   0.000000   1000.000000
A-6   1000.000000   0.000000     4.982587     4.982587   0.000000   1000.000000
A-7   1000.000000   0.000000     5.793879     5.793879   0.000000   1000.000000
A-8   1000.000000   0.000000     5.793879     5.793879   0.000000   1000.000000
A-9    890.790487  25.501693     4.537055    30.038748   0.000000    865.288794
A-11   337.824294   0.000000     2.032525     2.032525   0.000000    337.824294
A-12  1000.000000   0.000000     5.860742     5.860742   0.000000   1000.000000
A-13   261.122971   0.000000     1.307547     1.307547   0.000000    261.122971
A-14   261.122970   0.000000     1.921145     1.921145   0.000000    261.122970
R-I      0.000000   0.000000    26.350000    26.350000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    852.639777   4.200105     4.953025     9.153130   0.000000    848.439672
M-2    852.639779   4.200102     4.953027     9.153129   0.000000    848.439677
M-3    852.639762   4.200106     4.953027     9.153133   0.000000    848.439657
B-1    852.639780   4.200106     4.953026     9.153132   0.000000    848.439675
B-2    852.639780   4.200106     4.953032     9.153138   0.000000    848.439675
B-3    852.639704   4.200107     4.953027     9.153134   0.000000    848.439597

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:35                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S20 (POOL # 4112)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4112 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,659.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,087.11

SUBSERVICER ADVANCES THIS MONTH                                       33,993.91
MASTER SERVICER ADVANCES THIS MONTH                                    2,495.83


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,665,553.82

 (B)  TWO MONTHLY PAYMENTS:                                    1      99,028.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     658,046.54


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        890,907.27

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     147,214,897.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          579

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 238,430.48

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      995,034.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.01957920 %     4.11154200 %    1.86887840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.97915710 %     4.13933264 %    1.88151020 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0957 %

      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                          7.55029964
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.91

POOL TRADING FACTOR:                                                56.36700431


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


Run:        12/27/96     13:00:35                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PA0    37,931,000.00             0.00     6.500000  %          0.00
A-2   760944PB8    17,277,000.00             0.00     6.500000  %          0.00
A-3   760944PC6    40,040,600.00    11,463,705.25     6.500000  %    459,405.36
A-4   760944QX9    38,099,400.00     4,585,477.32    10.000000  %    183,761.95
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     0.077337  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,121,129.68     7.500000  %      6,903.04
M-2   760944QJ0     3,365,008.00     3,244,872.28     7.500000  %      3,145.50
M-3   760944QK7     2,692,006.00     2,607,353.24     7.500000  %      2,527.50
B-1                 2,422,806.00     2,352,099.03     7.500000  %          0.00
B-2                 1,480,605.00     1,444,643.76     7.500000  %          0.00
B-3                 1,480,603.82     1,350,612.61     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  269,200,605.82   151,177,453.17                    655,743.35
===============================================================================
_______________________________________________________________________________
                                                                      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        61,997.40    521,402.76             0.00         0.00  11,004,299.89
A-4        38,152.21    221,914.16             0.00         0.00   4,401,715.37
A-5       384,743.90    384,743.90             0.00         0.00  61,656,000.00
A-6        56,286.33     56,286.33             0.00         0.00   9,020,000.00
A-7       231,822.30    231,822.30             0.00         0.00  37,150,000.00
A-8        57,294.49     57,294.49             0.00         0.00   9,181,560.00
A-9         9,727.70      9,727.70             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,437.06     51,340.10             0.00         0.00   7,114,226.64
M-2        40,449.08     43,594.58             0.00         0.00   3,241,726.78
M-3        32,502.07     35,029.57             0.00         0.00   2,604,825.74
B-1           677.82        677.82             0.00         0.00   2,352,099.03
B-2             0.00          0.00             0.00         0.00   1,444,643.76
B-3             0.00          0.00             0.00         0.00   1,345,622.89

- -------------------------------------------------------------------------------
          958,090.36  1,613,833.71             0.00         0.00 150,516,720.10
===============================================================================















































Run:        12/27/96     13:00:35
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S21 (POOL # 4113)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4113 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    286.302035  11.473488     1.548363    13.021851   0.000000    274.828546
A-4    120.355631   4.823224     1.001386     5.824610   0.000000    115.532407
A-5   1000.000000   0.000000     6.240170     6.240170   0.000000   1000.000000
A-6   1000.000000   0.000000     6.240170     6.240170   0.000000   1000.000000
A-7   1000.000000   0.000000     6.240170     6.240170   0.000000   1000.000000
A-8   1000.000000   0.000000     6.240169     6.240169   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.922643   0.932463     6.002561     6.935024   0.000000    960.990180
M-2    964.298534   0.934767    12.020500    12.955267   0.000000    963.363766
M-3    968.554023   0.938891    12.073550    13.012441   0.000000    967.615132
B-1    970.816083   0.000000     0.279767     0.279767   0.000000    970.816083
B-2    975.711793   0.000000     0.000000     0.000000   0.000000    975.711794
B-3    912.203921   0.000000     0.000000     0.000000   0.000000    908.833863

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:36                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S21 (POOL # 4113)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4113 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,499.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,208.27

SUBSERVICER ADVANCES THIS MONTH                                       32,646.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,148,869.01

 (B)  TWO MONTHLY PAYMENTS:                                    2     442,342.36

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,857,281.48

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     150,516,720.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          529

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      514,185.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.01361560 %     8.58154100 %    3.40484330 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.97266850 %     8.61085675 %    3.41647470 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0774 %

      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                          8.02424153
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.30

POOL TRADING FACTOR:                                                55.91247451


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


Run:        12/27/96     13:00:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PH5    29,659,000.00     8,069,044.91     7.000000  %    283,874.13
A-2   760944PP7    20,000,000.00    13,943,774.06     7.000000  %     79,629.90
A-3   760944PQ5    20,000,000.00    14,567,422.09     7.000000  %     71,429.90
A-4   760944PR3    44,814,000.00    34,171,134.64     7.000000  %    139,937.03
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    12,455,534.88     7.000000  %     33,455.74
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     6.234000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.787328  %          0.00
A-14  760944PN2             0.00             0.00     0.210122  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,338,265.76     7.000000  %      9,041.61
M-2   760944PY8     4,333,550.00     4,182,832.56     7.000000  %      4,535.66
M-3   760944PZ5     2,600,140.00     2,509,709.19     7.000000  %      2,721.41
B-1                 2,773,475.00     2,682,601.42     7.000000  %      2,908.88
B-2                 1,560,100.00     1,512,207.26     7.000000  %      1,639.76
B-3                 1,733,428.45     1,620,191.25     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  346,680,823.45   273,216,066.80                    629,174.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        47,043.23    330,917.36             0.00         0.00   7,785,170.78
A-2        81,293.40    160,923.30             0.00         0.00  13,864,144.16
A-3        84,929.33    156,359.23             0.00         0.00  14,495,992.19
A-4       199,220.66    339,157.69             0.00         0.00  34,031,197.61
A-5       153,039.76    153,039.76             0.00         0.00  26,250,000.00
A-6       174,511.97    174,511.97             0.00         0.00  29,933,000.00
A-7        72,616.84    106,072.58             0.00         0.00  12,422,079.14
A-8       218,628.23    218,628.23             0.00         0.00  37,500,000.00
A-9       251,026.01    251,026.01             0.00         0.00  43,057,000.00
A-10       15,741.23     15,741.23             0.00         0.00   2,700,000.00
A-11      137,590.03    137,590.03             0.00         0.00  23,600,000.00
A-12       22,255.16     22,255.16             0.00         0.00   4,286,344.15
A-13       13,444.48     13,444.48             0.00         0.00   1,837,004.63
A-14       47,814.04     47,814.04             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        48,612.80     57,654.41             0.00         0.00   8,329,224.15
M-2        24,386.28     28,921.94             0.00         0.00   4,178,296.90
M-3        14,631.82     17,353.23             0.00         0.00   2,506,987.78
B-1        15,639.80     18,548.68             0.00         0.00   2,679,692.54
B-2        12,408.76     14,048.52             0.00         0.00   1,510,567.50
B-3         7,610.24      7,610.24             0.00         0.00   1,618,434.41

- -------------------------------------------------------------------------------
        1,642,444.07  2,271,618.09             0.00         0.00 272,585,135.94
===============================================================================





































Run:        12/27/96     13:00:37
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    272.060586   9.571264     1.586137    11.157401   0.000000    262.489321
A-2    697.188703   3.981495     4.064670     8.046165   0.000000    693.207208
A-3    728.371105   3.571495     4.246467     7.817962   0.000000    724.799610
A-4    762.510257   3.122619     4.445501     7.568120   0.000000    759.387638
A-5   1000.000000   0.000000     5.830086     5.830086   0.000000   1000.000000
A-6   1000.000000   0.000000     5.830086     5.830086   0.000000   1000.000000
A-7    830.368992   2.230383     4.841123     7.071506   0.000000    828.138609
A-8   1000.000000   0.000000     5.830086     5.830086   0.000000   1000.000000
A-9   1000.000000   0.000000     5.830086     5.830086   0.000000   1000.000000
A-10  1000.000000   0.000000     5.830085     5.830085   0.000000   1000.000000
A-11  1000.000000   0.000000     5.830086     5.830086   0.000000   1000.000000
A-12   188.410732   0.000000     0.978249     0.978249   0.000000    188.410732
A-13   188.410731   0.000000     1.378921     1.378921   0.000000    188.410731
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    962.067255   1.043219     5.608934     6.652153   0.000000    961.024036
M-2    965.220791   1.046638     5.627322     6.673960   0.000000    964.174153
M-3    965.220792   1.046640     5.627320     6.673960   0.000000    964.174152
B-1    967.234758   1.048821     5.639063     6.687884   0.000000    966.185936
B-2    969.301493   1.051061     7.953823     9.004884   0.000000    968.250433
B-3    934.674431   0.000000     4.390288     4.390288   0.000000    933.660925

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:38                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S22 (POOL # 4114)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4114 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       70,785.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,052.67

SUBSERVICER ADVANCES THIS MONTH                                       17,241.15
MASTER SERVICER ADVANCES THIS MONTH                                    1,890.27


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,678,724.35

 (B)  TWO MONTHLY PAYMENTS:                                    2     537,059.60

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        229,764.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     272,585,135.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          945

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 267,812.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      334,668.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.37021170 %     5.50143600 %    2.12835210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.36084420 %     5.50819060 %    2.13096520 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2102 %

      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                          7.64665372
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.76

POOL TRADING FACTOR:                                                78.62711679


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


Run:        12/27/96     13:00:39                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,125,503.61     5.500000  %    538,029.27
A-3   760944MH8    12,946,000.00     6,936,201.44     6.387500  %    215,211.71
A-4   760944MJ4             0.00             0.00     2.612500  %          0.00
A-5   760944MV7    22,700,000.00    14,097,176.26     6.500000  %    188,310.24
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     6.567500  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     6.374603  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.437500  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     6.635398  %          0.00
A-15  760944MS4     5,000,000.00     3,694,424.61     6.437500  %          0.00
A-16  760944MT2     2,307,692.00     1,705,118.82     6.635398  %          0.00
A-17  760944MU9             0.00             0.00     0.273689  %          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     2,323,454.41     6.500000  %     11,778.00
M-2   760944NA2     1,368,000.00     1,160,454.79     6.500000  %      5,882.55
M-3   760944NB0       912,000.00       773,636.52     6.500000  %      3,921.70
B-1                   729,800.00       619,078.87     6.500000  %      3,138.22
B-2                   547,100.00       464,097.09     6.500000  %      2,352.59
B-3                   547,219.77       464,198.63     6.500000  %      2,353.11

- -------------------------------------------------------------------------------
                  182,383,319.77   127,446,763.10                    970,977.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        46,288.82    584,318.09             0.00         0.00   9,587,474.34
A-3        36,825.56    252,037.27             0.00         0.00   6,720,989.73
A-4        15,061.73     15,061.73             0.00         0.00           0.00
A-5        76,162.67    264,472.91             0.00         0.00  13,908,866.02
A-6        53,972.88     53,972.88             0.00         0.00  11,100,000.00
A-7        88,009.83     88,009.83             0.00         0.00  16,290,000.00
A-8        68,814.06     68,814.06             0.00         0.00  12,737,000.00
A-9        39,439.64     39,439.64             0.00         0.00   7,300,000.00
A-10       82,120.89     82,120.89             0.00         0.00  15,200,000.00
A-11       20,167.11     20,167.11             0.00         0.00   3,694,424.61
A-12       10,540.26     10,540.26             0.00         0.00   1,989,305.77
A-13       61,405.37     61,405.37             0.00         0.00  11,476,048.76
A-14       29,212.19     29,212.19             0.00         0.00   5,296,638.91
A-15       19,767.91     19,767.91             0.00         0.00   3,694,424.61
A-16        9,404.12      9,404.12             0.00         0.00   1,705,118.82
A-17       28,992.31     28,992.31             0.00         0.00           0.00
R-I             0.17          0.17             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,552.91     24,330.91             0.00         0.00   2,311,676.41
M-2         6,269.58     12,152.13             0.00         0.00   1,154,572.24
M-3         4,179.72      8,101.42             0.00         0.00     769,714.82
B-1         3,344.69      6,482.91             0.00         0.00     615,940.65
B-2         2,507.37      4,859.96             0.00         0.00     461,744.50
B-3         2,507.92      4,861.03             0.00         0.00     461,845.52

- -------------------------------------------------------------------------------
          717,547.71  1,688,525.10             0.00         0.00 126,475,785.71
===============================================================================





























Run:        12/27/96     13:00:39
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    402.604517  21.392814     1.840510    23.233324   0.000000    381.211703
A-3    535.779503  16.623800     2.844551    19.468351   0.000000    519.155703
A-5    621.020981   8.295605     3.355184    11.650789   0.000000    612.725375
A-6   1000.000000   0.000000     4.862422     4.862422   0.000000   1000.000000
A-7   1000.000000   0.000000     5.402691     5.402691   0.000000   1000.000000
A-8   1000.000000   0.000000     5.402690     5.402690   0.000000   1000.000000
A-9   1000.000000   0.000000     5.402690     5.402690   0.000000   1000.000000
A-10  1000.000000   0.000000     5.402690     5.402690   0.000000   1000.000000
A-11   738.884922   0.000000     4.033422     4.033422   0.000000    738.884922
A-12   738.884916   0.000000     3.914953     3.914953   0.000000    738.884916
A-13   738.884919   0.000000     3.953582     3.953582   0.000000    738.884920
A-14   738.884919   0.000000     4.075121     4.075121   0.000000    738.884919
A-15   738.884922   0.000000     3.953582     3.953582   0.000000    738.884922
A-16   738.884921   0.000000     4.075119     4.075119   0.000000    738.884921
R-I      0.000000   0.000000     1.700000     1.700000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    848.285655   4.300110     4.583027     8.883137   0.000000    843.985546
M-2    848.285665   4.300110     4.583026     8.883136   0.000000    843.985556
M-3    848.285658   4.300110     4.583026     8.883136   0.000000    843.985548
B-1    848.285654   4.300110     4.583023     8.883133   0.000000    843.985544
B-2    848.285670   4.300110     4.583020     8.883130   0.000000    843.985560
B-3    848.285562   4.300100     4.583022     8.883122   0.000000    843.985461

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:40                                        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                       25,286.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,937.90

SUBSERVICER ADVANCES THIS MONTH                                        4,138.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     216,841.98

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     198,144.11


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     126,475,785.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          479

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      324,927.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.44521950 %     3.34064600 %    1.21413410 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.43351790 %     3.34922882 %    1.21725330 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2735 %

      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                          7.13719844
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              132.10

POOL TRADING FACTOR:                                                69.34613641


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


Run:        12/27/96     13:00:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    13,021,279.58     6.500000  %    393,632.97
A-5   760944QB7    30,000,000.00    13,168,851.03     7.050000  %     84,891.32
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    26,795,476.01    10.000000  %    172,733.63
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     0.123370  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,580,383.59     7.500000  %      6,576.79
M-2   760944QU5     3,432,150.00     3,314,330.58     7.500000  %      3,312.52
M-3   760944QV3     2,059,280.00     1,996,625.42     7.500000  %      1,995.53
B-1                 2,196,565.00     2,147,995.40     7.500000  %          0.00
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89       997,927.37     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  274,570,013.89   134,362,545.61                    663,142.76
===============================================================================
_______________________________________________________________________________
                                                                      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        70,294.06    463,927.03             0.00         0.00  12,627,646.61
A-5        77,106.08    161,997.40             0.00         0.00  13,083,959.71
A-6       259,346.80    259,346.80             0.00         0.00  48,041,429.00
A-7       222,542.56    395,276.19             0.00         0.00  26,622,742.38
A-8        93,994.43     93,994.43             0.00         0.00  15,090,000.00
A-9        12,457.84     12,457.84             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       13,766.97     13,766.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        40,988.70     47,565.49             0.00         0.00   6,573,806.80
M-2        20,644.71     23,957.23             0.00         0.00   3,311,018.06
M-3        12,436.82     14,432.35             0.00         0.00   1,994,629.89
B-1        31,473.59     31,473.59             0.00         0.00   2,147,995.40
B-2             0.00          0.00             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00     993,575.58

- -------------------------------------------------------------------------------
          855,052.56  1,518,195.32             0.00         0.00 133,695,051.06
===============================================================================









































Run:        12/27/96     13:00:41
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    486.958847  14.720754     2.628798    17.349552   0.000000    472.238093
A-5    438.961701   2.829711     2.570203     5.399914   0.000000    436.131990
A-6   1000.000000   0.000000     5.398399     5.398399   0.000000   1000.000000
A-7    486.795982   3.138068     4.042952     7.181020   0.000000    483.657914
A-8   1000.000000   0.000000     6.228922     6.228922   0.000000   1000.000000
A-9   1000.000000   0.000000     6.228920     6.228920   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    958.610764   0.958087     5.971112     6.929199   0.000000    957.652677
M-2    965.671833   0.965144     6.015095     6.980239   0.000000    964.706688
M-3    969.574521   0.969043     6.039402     7.008445   0.000000    968.605479
B-1    977.888385   0.000000    14.328549    14.328549   0.000000    977.888385
B-2    977.888412   0.000000     0.000000     0.000000   0.000000    977.888413
B-3    726.901499   0.000000     0.000000     0.000000   0.000000    723.731606

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:42                                        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                       39,587.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,199.84

SUBSERVICER ADVANCES THIS MONTH                                       19,371.08
MASTER SERVICER ADVANCES THIS MONTH                                    2,693.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     988,709.46

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     276,897.07


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,398,291.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     133,695,051.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          472

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                 362,064.77

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      533,205.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.90919750 %     8.85018900 %    3.24061320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.86097670 %     8.88548578 %    3.25353750 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1232 %

      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                          8.10506006
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.58

POOL TRADING FACTOR:                                                48.69251713


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


Run:        12/27/96     13:00:43                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,868,655.89     7.000000  %    418,270.93
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00     8,546,138.44     7.000000  %    416,897.63
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    78,817,095.73     7.000000  %    626,376.41
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     0.189844  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     9,004,082.42     7.000000  %     17,027.86
M-2   760944RM2     4,674,600.00     4,530,477.09     7.000000  %      8,567.71
M-3   760944RN0     3,739,700.00     3,642,511.23     7.000000  %      3,311.61
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     1,542,309.99     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  373,968,498.07   288,374,868.98                  1,490,452.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       121,491.46    539,762.39             0.00         0.00  20,450,384.96
A-2             0.00          0.00             0.00         0.00           0.00
A-3        49,753.22    466,650.85             0.00         0.00   8,129,240.81
A-4        71,339.35     71,339.35             0.00         0.00  12,254,000.00
A-5        42,649.92     42,649.92             0.00         0.00   7,326,000.00
A-6       428,170.00    428,170.00             0.00         0.00  73,547,000.00
A-7        49,775.70     49,775.70             0.00         0.00   8,550,000.00
A-8       458,851.02  1,085,227.43             0.00         0.00  78,190,719.32
A-9       192,442.76    192,442.76             0.00         0.00  33,056,000.00
A-10      134,126.60    134,126.60             0.00         0.00  23,039,000.00
A-11       45,530.92     45,530.92             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        52,419.24     69,447.10             0.00         0.00   8,987,054.56
M-2        27,788.36     36,356.07             0.00         0.00   4,521,909.38
M-3        42,388.93     45,700.54             0.00         0.00   3,639,199.62
B-1             0.00          0.00             0.00         0.00   2,737,341.09
B-2             0.00          0.00             0.00         0.00     914,257.10
B-3             0.00          0.00             0.00         0.00   1,528,910.83

- -------------------------------------------------------------------------------
        1,716,727.48  3,207,179.63             0.00         0.00 286,871,017.67
===============================================================================











































Run:        12/27/96     13:00:43
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    462.955740   9.279032     2.695198    11.974230   0.000000    453.676708
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    503.157989  24.545047     2.929245    27.474292   0.000000    478.612941
A-4   1000.000000   0.000000     5.821719     5.821719   0.000000   1000.000000
A-5   1000.000000   0.000000     5.821720     5.821720   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821719     5.821719   0.000000   1000.000000
A-7   1000.000000   0.000000     5.821719     5.821719   0.000000   1000.000000
A-8    684.949124   5.443438     3.987582     9.431020   0.000000    679.505686
A-9   1000.000000   0.000000     5.821720     5.821720   0.000000   1000.000000
A-10  1000.000000   0.000000     5.821720     5.821720   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.075569   1.821298     5.606756     7.428054   0.000000    961.254271
M-2    969.168932   1.832822     5.944543     7.777365   0.000000    967.336110
M-3    974.011613   0.885528    11.334848    12.220376   0.000000    973.126085
B-1    975.948763   0.000000     0.000000     0.000000   0.000000    975.948763
B-2    977.815080   0.000000     0.000000     0.000000   0.000000    977.815080
B-3    824.721449   0.000000     0.000000     0.000000   0.000000    817.556499

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:44                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S24 (POOL # 4117)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4117 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       65,016.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    30,393.46

SUBSERVICER ADVANCES THIS MONTH                                       36,595.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,896,216.52

 (B)  TWO MONTHLY PAYMENTS:                                    2     859,396.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     254,363.17


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,086,820.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     286,871,017.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          992

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      958,497.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.24239650 %     5.95650800 %    1.80109600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.21647670 %     5.97765633 %    1.80586700 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1899 %

      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                          7.58610914
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.24

POOL TRADING FACTOR:                                                76.70994192


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


Run:        12/27/96     13:00:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    59,053,360.76     6.500000  %  1,746,866.18
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     6.337500  %          0.00
A-5   760944RU4     8,250,000.00     5,094,651.59     6.922500  %          0.00
A-6   760944RV2     5,000,000.00     4,411,490.63     6.500000  %      7,428.60
A-7   760944RW0             0.00             0.00     0.295692  %          0.00
R     760944SA7           100.00             0.00     6.500000  %          0.00
M-1   760944RX8     2,337,700.00     1,998,054.68     6.500000  %      9,745.42
M-2   760944RY6       779,000.00       665,818.79     6.500000  %      3,247.50
M-3   760944RZ3       779,100.00       665,904.25     6.500000  %      3,247.92
B-1                   701,100.00       599,236.92     6.500000  %      2,922.75
B-2                   389,500.00       332,909.39     6.500000  %      1,623.75
B-3                   467,420.45       399,508.76     6.500000  %      1,948.59

- -------------------------------------------------------------------------------
                  155,801,920.45   102,880,029.98                  1,777,030.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       317,069.35  2,063,935.53             0.00         0.00  57,306,494.58
A-2        27,919.85     27,919.85             0.00         0.00   5,200,000.00
A-3        60,204.84     60,204.84             0.00         0.00  11,213,000.00
A-4        69,342.92     69,342.92             0.00         0.00  13,246,094.21
A-5        29,132.23     29,132.23             0.00         0.00   5,094,651.59
A-6        23,686.17     31,114.77             0.00         0.00   4,404,062.03
A-7        25,128.50     25,128.50             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,727.96     20,473.38             0.00         0.00   1,988,309.26
M-2         3,574.92      6,822.42             0.00         0.00     662,571.29
M-3         3,575.37      6,823.29             0.00         0.00     662,656.33
B-1         3,217.43      6,140.18             0.00         0.00     596,314.17
B-2         1,787.46      3,411.21             0.00         0.00     331,285.64
B-3         2,145.03      4,093.62             0.00         0.00     397,560.17

- -------------------------------------------------------------------------------
          577,512.03  2,354,542.74             0.00         0.00 101,102,999.27
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    595.086016  17.603327     3.195136    20.798463   0.000000    577.482688
A-2   1000.000000   0.000000     5.369202     5.369202   0.000000   1000.000000
A-3   1000.000000   0.000000     5.369200     5.369200   0.000000   1000.000000
A-4    617.533530   0.000000     3.232770     3.232770   0.000000    617.533530
A-5    617.533526   0.000000     3.531179     3.531179   0.000000    617.533526
A-6    882.298126   1.485720     4.737234     6.222954   0.000000    880.812406
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    854.709621   4.168807     4.589109     8.757916   0.000000    850.540814
M-2    854.709615   4.168806     4.589114     8.757920   0.000000    850.540809
M-3    854.709601   4.168810     4.589103     8.757913   0.000000    850.540791
B-1    854.709628   4.168806     4.589117     8.757923   0.000000    850.540822
B-2    854.709602   4.168806     4.589114     8.757920   0.000000    850.540796
B-3    854.709630   4.168816     4.589123     8.757939   0.000000    850.540814

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:45                                        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                       23,321.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,625.68

SUBSERVICER ADVANCES THIS MONTH                                        2,797.93
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     271,504.73

 (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                                                     101,102,999.27

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          411

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,275,237.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.46905970 %     3.23656400 %    1.29437660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.41190970 %     3.27738732 %    1.31070290 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2951 %

      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                          7.19466522
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.06

POOL TRADING FACTOR:                                                64.89201094


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


Run:        12/27/96     13:00:46                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    20,076,810.11     7.050000  %    511,605.31
A-4   760944SE9    24,745,827.00    24,745,827.00     7.250000  %          0.00
A-5   760944SF6    47,058,123.00     7,610,510.56     6.187500  %    115,111.19
A-6   760944SG4             0.00             0.00     3.312500  %          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     0.081478  %          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     9,983,995.63     7.500000  %     15,334.16
M-2   760944SP4     5,640,445.00     5,458,797.63     7.500000  %          0.00
M-3   760944SQ2     3,760,297.00     3,651,376.07     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     1,277,437.53     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,029,704.99   221,343,010.26                    642,050.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3       117,887.43    629,492.74             0.00         0.00  19,565,204.80
A-4       149,425.14    149,425.14             0.00         0.00  24,745,827.00
A-5        39,220.46    154,331.65             0.00         0.00   7,495,399.37
A-6        20,996.81     20,996.81             0.00         0.00           0.00
A-7       341,456.53    341,456.53             0.00         0.00  54,662,626.00
A-8       226,300.65    226,300.65             0.00         0.00  36,227,709.00
A-9       214,551.96    214,551.96             0.00         0.00  34,346,901.00
A-10      122,591.69    122,591.69             0.00         0.00  19,625,291.00
A-11       15,020.75     15,020.75             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        63,947.37     79,281.53             0.00         0.00   9,968,661.47
M-2       100,919.33    100,919.33             0.00         0.00   5,458,797.63
M-3             0.00          0.00             0.00         0.00   3,651,376.07
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   1,255,837.99

- -------------------------------------------------------------------------------
        1,412,318.12  2,054,368.78             0.00         0.00 220,679,360.06
===============================================================================









































Run:        12/27/96     13:00:46
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    405.320665  10.328543     2.379970    12.708513   0.000000    394.992122
A-4   1000.000000   0.000000     6.038398     6.038398   0.000000   1000.000000
A-5    161.725757   2.446149     0.833447     3.279596   0.000000    159.279608
A-7   1000.000000   0.000000     6.246618     6.246618   0.000000   1000.000000
A-8   1000.000000   0.000000     6.246618     6.246618   0.000000   1000.000000
A-9   1000.000000   0.000000     6.246618     6.246618   0.000000   1000.000000
A-10  1000.000000   0.000000     6.246618     6.246618   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    965.493983   1.482877     6.183977     7.666854   0.000000    964.011106
M-2    967.795560   0.000000    17.892087    17.892087   0.000000    967.795561
M-3    971.033956   0.000000     0.000000     0.000000   0.000000    971.033956
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    679.433480   0.000000     0.000000     0.000000   0.000000    667.945286

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S26 (POOL # 4119)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4119 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       53,427.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,351.43

SUBSERVICER ADVANCES THIS MONTH                                       29,628.82
MASTER SERVICER ADVANCES THIS MONTH                                    6,270.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,546,559.16

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,525,593.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     220,679,360.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          751

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                 869,458.39

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      323,695.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.13571490 %     8.62650700 %    2.23777850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.11977910 %     8.64550050 %    2.23472040 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0813 %

      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                          7.99768333
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.24

POOL TRADING FACTOR:                                                58.68668276


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


Run:        12/27/96     13:03:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ3 (POOL # 8020)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8020 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UW6    40,617,070.70    37,295,916.78     6.970000  %    116,706.25
A-2   760944UX4    30,021,313.12    30,021,313.12     6.970000  %          0.00
S     760944UV8             0.00             0.00     0.500000  %          0.00
R     760944UY2           100.00             0.00     6.970000  %          0.00

- -------------------------------------------------------------------------------
                   70,638,483.82    67,317,229.90                    116,706.25
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       217,037.93    333,744.18             0.00         0.00  37,179,210.53
A-2       174,604.93    174,604.93             0.00         0.00  30,021,313.12
S          13,456.89     13,456.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          405,099.75    521,806.00             0.00         0.00  67,200,523.65
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    918.232559   2.873330     5.343515     8.216845   0.000000    915.359229
A-2   1000.000000   0.000000     5.816032     5.816032   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       26-December-96 
DISTRIBUTION DATE        31-December-96 

Run:     12/27/96     13:03:18                                        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                     1,682.93

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,200,523.65

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               3,563,247.25

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                95.13302100


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


Run:        12/27/96     13:00:48                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    13,960,951.02     9.860000  %     68,277.57
A-2   760944SZ2    24,926,000.00             0.00     6.350000  %          0.00
A-3   760944TA6    25,850,000.00    14,502,184.36     6.350000  %    300,421.33
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     6.334000  %          0.00
A-9   760944TH1     1,757,369.00     1,757,369.00     8.864790  %          0.00
A-10  760944TC2             0.00             0.00     0.105578  %          0.00
R     760944TM0           100.00             0.00     7.000000  %          0.00
M-1   760944TJ7     5,350,000.00     5,169,325.02     7.000000  %      5,450.13
M-2   760944TK4     3,210,000.00     3,101,595.01     7.000000  %      3,270.08
M-3   760944TL2     2,141,000.00     2,068,696.23     7.000000  %      2,181.07
B-1                 1,070,000.00     1,033,865.01     7.000000  %      1,090.03
B-2                   642,000.00       620,319.00     7.000000  %        654.02
B-3                   963,170.23       866,616.75     7.000000  %        913.67

- -------------------------------------------------------------------------------
                  214,013,270.23   168,979,552.40                    382,257.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       114,590.32    182,867.89             0.00         0.00  13,892,673.45
A-2             0.00          0.00             0.00         0.00           0.00
A-3        76,659.01    377,080.34             0.00         0.00  14,201,763.03
A-4       248,052.31    248,052.31             0.00         0.00  46,926,000.00
A-5       227,257.73    227,257.73             0.00         0.00  39,000,000.00
A-6        24,986.69     24,986.69             0.00         0.00   4,288,000.00
A-7       179,265.56    179,265.56             0.00         0.00  30,764,000.00
A-8        25,945.07     25,945.07             0.00         0.00   4,920,631.00
A-9        12,968.44     12,968.44             0.00         0.00   1,757,369.00
A-10       14,851.24     14,851.24             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        30,122.29     35,572.42             0.00         0.00   5,163,874.89
M-2        18,073.37     21,343.45             0.00         0.00   3,098,324.93
M-3        12,054.54     14,235.61             0.00         0.00   2,066,515.16
B-1         6,024.46      7,114.49             0.00         0.00   1,032,774.98
B-2         3,614.68      4,268.70             0.00         0.00     619,664.98
B-3         5,049.88      5,963.55             0.00         0.00     865,703.08

- -------------------------------------------------------------------------------
          999,515.60  1,381,773.50             0.00         0.00 168,597,294.50
===============================================================================













































Run:        12/27/96     13:00:48
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    628.730062   3.074874     5.160564     8.235438   0.000000    625.655188
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    561.012935  11.621715     2.965532    14.587247   0.000000    549.391220
A-4   1000.000000   0.000000     5.286031     5.286031   0.000000   1000.000000
A-5   1000.000000   0.000000     5.827121     5.827121   0.000000   1000.000000
A-6   1000.000000   0.000000     5.827120     5.827120   0.000000   1000.000000
A-7   1000.000000   0.000000     5.827121     5.827121   0.000000   1000.000000
A-8   1000.000000   0.000000     5.272712     5.272712   0.000000   1000.000000
A-9   1000.000000   0.000000     7.379463     7.379463   0.000000   1000.000000
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    966.228976   1.018716     5.630335     6.649051   0.000000    965.210260
M-2    966.228975   1.018717     5.630333     6.649050   0.000000    965.210259
M-3    966.228972   1.018716     5.630332     6.649048   0.000000    965.210257
B-1    966.228981   1.018720     5.630336     6.649056   0.000000    965.210262
B-2    966.228972   1.018723     5.630343     6.649066   0.000000    965.210249
B-3    899.754501   0.948607     5.242978     6.191585   0.000000    898.805894

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:49                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S28 (POOL # 4120)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4120 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       49,708.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,798.00

SUBSERVICER ADVANCES THIS MONTH                                       15,510.43
MASTER SERVICER ADVANCES THIS MONTH                                    2,069.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,906,380.33

 (B)  TWO MONTHLY PAYMENTS:                                    1     286,610.44

 (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                                                     168,597,294.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          590

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 290,858.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      204,099.27

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.38936500 %     6.11885600 %    1.49177860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.38015170 %     6.12626378 %    1.49358450 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1054 %

      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                          7.58424418
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.08

POOL TRADING FACTOR:                                                78.77889736


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


Run:        12/27/96     13:00:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    30,543,999.12     6.038793  %    866,523.30
A-2   760944UF3    47,547,000.00    31,551,553.38     6.087500  %    416,454.14
A-3   760944UG1             0.00             0.00     2.912500  %          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    23,053,476.49     7.000000  %    244,021.08
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     0.122511  %          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     3,350,455.57     7.000000  %     16,509.34
M-2   760944UR7     1,948,393.00     1,675,225.16     7.000000  %      8,254.66
M-3   760944US5     1,298,929.00     1,116,817.09     7.000000  %      5,503.11
B-1                   909,250.00       781,771.68     7.000000  %      3,852.17
B-2                   389,679.00       335,045.38     7.000000  %      1,650.93
B-3                   649,465.07       558,409.11     7.000000  %      2,751.57

- -------------------------------------------------------------------------------
                  259,785,708.07   138,714,752.98                  1,565,520.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       153,172.86  1,019,696.16             0.00         0.00  29,677,475.82
A-2       159,501.77    575,955.91             0.00         0.00  31,135,099.24
A-3        76,311.93     76,311.93             0.00         0.00           0.00
A-4       105,432.90    105,432.90             0.00         0.00  22,048,000.00
A-5        44,075.35     44,075.35             0.00         0.00   8,492,000.00
A-6        88,404.81     88,404.81             0.00         0.00  15,208,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       134,010.94    378,032.02             0.00         0.00  22,809,455.41
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       14,112.53     14,112.53             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,476.35     35,985.69             0.00         0.00   3,333,946.23
M-2         9,738.17     17,992.83             0.00         0.00   1,666,970.50
M-3         6,492.11     11,995.22             0.00         0.00   1,111,313.98
B-1         4,544.47      8,396.64             0.00         0.00     777,919.51
B-2         1,947.63      3,598.56             0.00         0.00     333,394.45
B-3         3,246.07      5,997.64             0.00         0.00     555,657.54

- -------------------------------------------------------------------------------
          820,467.89  2,385,988.19             0.00         0.00 137,149,232.68
===============================================================================









































Run:        12/27/96     13:00:49
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    478.551047  13.576337     2.399851    15.976188   0.000000    464.974710
A-2    663.586628   8.758789     3.354613    12.113402   0.000000    654.827839
A-4   1000.000000   0.000000     4.781971     4.781971   0.000000   1000.000000
A-5   1000.000000   0.000000     5.190220     5.190220   0.000000   1000.000000
A-6   1000.000000   0.000000     5.813046     5.813046   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    355.073106   3.758449     2.064057     5.822506   0.000000    351.314657
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    859.798411   4.236649     4.998047     9.234696   0.000000    855.561762
M-2    859.798388   4.236650     4.998052     9.234702   0.000000    855.561737
M-3    859.798411   4.236652     4.998048     9.234700   0.000000    855.561759
B-1    859.798383   4.236646     4.998042     9.234688   0.000000    855.561738
B-2    859.798398   4.236641     4.998037     9.234678   0.000000    855.561757
B-3    859.798526   4.236656     4.998052     9.234708   0.000000    855.561855

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:50                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S29 (POOL # 4121)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4121 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,473.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,753.53

SUBSERVICER ADVANCES THIS MONTH                                       21,005.83
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,466,788.66

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        511,381.94

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     137,149,232.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      882,004.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.36417270 %     4.42815000 %    1.20767700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.32792870 %     4.45662771 %    1.21544350 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1203 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              723,500.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,305,415.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.52724495
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.25

POOL TRADING FACTOR:                                                52.79321703


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


Run:        12/27/96     13:00:51                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S30 (POOL # 4122)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4122 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944TP3    69,208,000.00             0.00     7.500000  %          0.00
A-2   760944TT5    51,250,000.00    16,387,109.69     7.500000  %    220,220.92
A-3   760944SW9    49,628,000.00    48,201,723.54     6.200000  %    647,766.95
A-4   760944SX7    41,944,779.00    40,979,177.99     6.087500  %    438,543.61
A-5   760944SY5       446,221.00       435,948.65   320.775000  %      4,665.36
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    14,822,808.32     7.500000  %    145,896.09
A-11  760944TR9     3,400,000.00     3,400,000.00     7.500000  %          0.00
A-12  760944TS7             0.00             0.00     0.034195  %          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     8,561,129.11     7.500000  %      8,655.91
M-2   760944TY4     4,823,973.00     4,669,705.99     7.500000  %      4,721.40
M-3   760944TZ1     3,215,982.00     3,113,137.34     7.500000  %      3,147.60
B-1                 1,929,589.00     1,867,882.20     7.500000  %      1,888.56
B-2                   803,995.00       778,283.83     7.500000  %        786.90
B-3                 1,286,394.99     1,069,609.96     7.500000  %      1,081.45

- -------------------------------------------------------------------------------
                  321,598,232.99   202,054,516.62                  1,477,374.75
===============================================================================
_______________________________________________________________________________
                                                                      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       102,230.82    322,451.74             0.00         0.00  16,166,888.77
A-3       248,583.59    896,350.54             0.00         0.00  47,553,956.59
A-4       207,501.11    646,044.72             0.00         0.00  40,540,634.38
A-5       116,319.90    120,985.26             0.00         0.00     431,283.29
A-6       186,631.48    186,631.48             0.00         0.00  32,053,000.00
A-7        69,634.02     69,634.02             0.00         0.00  11,162,000.00
A-8        84,406.76     84,406.76             0.00         0.00  13,530,000.00
A-9         6,381.97      6,381.97             0.00         0.00   1,023,000.00
A-10       92,471.93    238,368.02             0.00         0.00  14,676,912.23
A-11       21,210.86     21,210.86             0.00         0.00   3,400,000.00
A-12        5,747.17      5,747.17             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        53,408.52     62,064.43             0.00         0.00   8,552,473.20
M-2        29,131.91     33,853.31             0.00         0.00   4,664,984.59
M-3        19,421.28     22,568.88             0.00         0.00   3,109,989.74
B-1        11,652.76     13,541.32             0.00         0.00   1,865,993.64
B-2         4,855.31      5,642.21             0.00         0.00     777,496.93
B-3         6,672.77      7,754.22             0.00         0.00   1,002,668.67

- -------------------------------------------------------------------------------
        1,266,262.16  2,743,636.91             0.00         0.00 200,511,282.03
===============================================================================







































Run:        12/27/96     13:00:51
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S30 (POOL # 4122)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4122 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    319.748482   4.296994     1.994748     6.291742   0.000000    315.451488
A-3    971.260650  13.052449     5.008938    18.061387   0.000000    958.208201
A-4    976.979232  10.455261     4.947007    15.402268   0.000000    966.523971
A-5    976.979232  10.455268   260.677781   271.133049   0.000000    966.523965
A-6   1000.000000   0.000000     5.822590     5.822590   0.000000   1000.000000
A-7   1000.000000   0.000000     6.238490     6.238490   0.000000   1000.000000
A-8   1000.000000   0.000000     6.238489     6.238489   0.000000   1000.000000
A-9   1000.000000   0.000000     6.238485     6.238485   0.000000   1000.000000
A-10   555.785839   5.470420     3.467264     8.937684   0.000000    550.315419
A-11  1000.000000   0.000000     6.238488     6.238488   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.020757   0.978738     6.038988     7.017726   0.000000    967.042019
M-2    968.020756   0.978737     6.038987     7.017724   0.000000    967.042019
M-3    968.020760   0.978737     6.038989     7.017726   0.000000    967.042023
B-1    968.020755   0.978737     6.038986     7.017723   0.000000    967.042018
B-2    968.020734   0.978737     6.038980     7.017717   0.000000    967.041997
B-3    831.478642   0.840683     5.187170     6.027853   0.000000    779.440745

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:52                                        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                       46,943.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,151.48

SUBSERVICER ADVANCES THIS MONTH                                       38,733.01
MASTER SERVICER ADVANCES THIS MONTH                                   10,307.35


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,727,950.95

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,657,194.12

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     200,511,282.03

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          704

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               1,435,655.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      982,484.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.07211090 %     8.08889200 %    1.83899680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.03866190 %     8.14290715 %    1.81843100 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0344 %

      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                          7.94093901
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.96

POOL TRADING FACTOR:                                                62.34837803


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


Run:        12/27/96     13:00:53                                    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-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    55,199,066.35     7.747749  %  2,892,726.39
M     760944SU3     3,678,041.61     3,473,323.45     7.747749  %      3,005.37
R     760944SV1           100.00             0.00     7.747749  %          0.00
B-1                 4,494,871.91     4,244,689.31     7.747749  %      3,672.81
B-2                 1,225,874.16       128,533.45     7.747749  %        111.20

- -------------------------------------------------------------------------------
                  163,449,887.68    63,045,612.56                  2,899,515.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         347,435.57  3,240,161.96             0.00         0.00  52,306,339.96
M          21,861.90     24,867.27             0.00         0.00   3,470,318.08
R               0.00          0.00             0.00         0.00           0.00
B-1        26,717.05     30,389.86             0.00         0.00   4,241,016.50
B-2           809.01        920.21             0.00         0.00     128,120.60

- -------------------------------------------------------------------------------
          396,823.53  3,296,339.30             0.00         0.00  60,145,795.14
===============================================================================











Run:        12/27/96     13:00:53
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      358.316832  18.777719     2.255328    21.033047   0.000000    339.539113
M      944.340445   0.817111     5.943897     6.761008   0.000000    943.523333
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    944.340438   0.817111     5.943896     6.761007   0.000000    943.523327
B-2    104.850444   0.090711     0.659954     0.750665   0.000000    104.513664

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S33 (POOL # 4123)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4123 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,229.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,392.00

SUBSERVICER ADVANCES THIS MONTH                                       48,853.43
MASTER SERVICER ADVANCES THIS MONTH                                    7,914.51


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,392,231.56

 (B)  TWO MONTHLY PAYMENTS:                                    1     327,960.25

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      3,925,315.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      60,145,795.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          209

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               1,075,947.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,845,265.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.55417560 %     5.50922300 %    6.93660130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.96591310 %     5.76984322 %    7.26424360 %

      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                          8.19211516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.44

POOL TRADING FACTOR:                                                36.79769744


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


Run:        12/27/96     13:00:54                                    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-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     7,169,620.32     7.000000  %  1,628,343.62
A-2   760944VV7    41,000,000.00    27,181,144.03     7.000000  %    261,444.53
A-3   760944VW5   145,065,000.00   145,065,000.00     7.000000  %          0.00
A-4   760944VX3    36,125,000.00    36,125,000.00     7.000000  %          0.00
A-5   760944VY1    48,253,000.00    48,253,000.00     7.000000  %          0.00
A-6   760944VZ8    27,679,000.00    27,679,000.00     7.000000  %          0.00
A-7   760944WA2     7,834,000.00     7,834,000.00     7.000000  %          0.00
A-8   760944WB0     1,509,808.49     1,277,266.54     0.000000  %      2,008.48
A-9   760944WC8             0.00             0.00     0.251258  %          0.00
R     760944WG9           100.00             0.00     7.000000  %          0.00
M-1   760944WD6     9,616,700.00     9,284,174.26     7.000000  %      9,706.77
M-2   760944WE4     7,479,800.00     7,221,163.88     7.000000  %      7,549.85
M-3   760944WF1     4,274,200.00     4,126,406.96     7.000000  %      4,314.23
B-1                 2,564,500.00     2,475,824.88     7.000000  %      2,588.52
B-2                   854,800.00       825,242.79     7.000000  %        862.81
B-3                 1,923,420.54     1,134,460.77     7.000000  %      1,186.09

- -------------------------------------------------------------------------------
                  427,416,329.03   325,651,304.43                  1,918,004.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        41,749.63  1,670,093.25             0.00         0.00   5,541,276.70
A-2       158,279.31    419,723.84             0.00         0.00  26,919,699.50
A-3       844,732.26    844,732.26             0.00         0.00 145,065,000.00
A-4       210,360.55    210,360.55             0.00         0.00  36,125,000.00
A-5       280,983.46    280,983.46             0.00         0.00  48,253,000.00
A-6       161,178.39    161,178.39             0.00         0.00  27,679,000.00
A-7        45,618.39     45,618.39             0.00         0.00   7,834,000.00
A-8             0.00      2,008.48             0.00         0.00   1,275,258.06
A-9        68,066.26     68,066.26             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        54,062.94     63,769.71             0.00         0.00   9,274,467.49
M-2        42,049.78     49,599.63             0.00         0.00   7,213,614.03
M-3        24,028.60     28,342.83             0.00         0.00   4,122,092.73
B-1        14,417.05     17,005.57             0.00         0.00   2,473,236.36
B-2         4,805.50      5,668.31             0.00         0.00     824,379.98
B-3         6,606.11      7,792.20             0.00         0.00   1,114,529.24

- -------------------------------------------------------------------------------
        1,956,938.23  3,874,943.13             0.00         0.00 323,714,554.09
===============================================================================

















































Run:        12/27/96     13:00:54
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     76.896729  17.464565     0.447780    17.912345   0.000000     59.432164
A-2    662.954732   6.376696     3.860471    10.237167   0.000000    656.578037
A-3   1000.000000   0.000000     5.823129     5.823129   0.000000   1000.000000
A-4   1000.000000   0.000000     5.823129     5.823129   0.000000   1000.000000
A-5   1000.000000   0.000000     5.823129     5.823129   0.000000   1000.000000
A-6   1000.000000   0.000000     5.823129     5.823129   0.000000   1000.000000
A-7   1000.000000   0.000000     5.823129     5.823129   0.000000   1000.000000
A-8    845.979174   1.330288     0.000000     1.330288   0.000000    844.648887
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.422053   1.009366     5.621777     6.631143   0.000000    964.412687
M-2    965.422054   1.009365     5.621779     6.631144   0.000000    964.412689
M-3    965.422058   1.009365     5.621777     6.631142   0.000000    964.412692
B-1    965.422063   1.009366     5.621778     6.631144   0.000000    964.412696
B-2    965.422075   1.009371     5.621783     6.631154   0.000000    964.412705
B-3    589.814212   0.616657     3.434564     4.051221   0.000000    579.451668

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S31 (POOL # 4125)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4125 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       77,577.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    34,362.30

SUBSERVICER ADVANCES THIS MONTH                                       35,230.26
MASTER SERVICER ADVANCES THIS MONTH                                    6,590.66


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,740,009.43

 (B)  TWO MONTHLY PAYMENTS:                                    1     792,599.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     508,554.10


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,050,494.26

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     323,714,554.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,122

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                 960,507.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,346,323.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.30241880 %     6.33553300 %    1.36204840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.27025180 %     6.36677406 %    1.36297410 %

      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                          7.63653071
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.95

POOL TRADING FACTOR:                                                75.73752618


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


Run:        12/27/96     13:00:56                                    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-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    32,026,590.43     6.500000  %  2,120,915.77
A-2   760944VC9    37,300,000.00    37,300,000.00     6.500000  %          0.00
A-3   760944VD7    17,482,000.00    17,482,000.00     6.500000  %          0.00
A-4   760944VE5     5,120,000.00     5,120,000.00     6.500000  %          0.00
A-5   760944VF2    37,500,000.00    26,010,319.24     6.500000  %     54,742.06
A-6   760944VG0    64,049,000.00    54,704,059.67     6.500000  %     44,523.55
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     0.253024  %          0.00
R     760944VM7           100.00             0.00     6.500000  %          0.00
M     760944VL9    10,156,500.00     8,734,050.69     6.500000  %     42,420.22
B                     781,392.32       671,955.90     6.500000  %      3,263.61

- -------------------------------------------------------------------------------
                  312,503,992.32   216,112,975.93                  2,265,865.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       172,795.36  2,293,711.13             0.00         0.00  29,905,674.66
A-2       201,247.37    201,247.37             0.00         0.00  37,300,000.00
A-3        94,321.89     94,321.89             0.00         0.00  17,482,000.00
A-4        27,624.30     27,624.30             0.00         0.00   5,120,000.00
A-5       140,335.35    195,077.41             0.00         0.00  25,955,577.18
A-6       295,148.75    339,672.30             0.00         0.00  54,659,536.12
A-7       183,787.94    183,787.94             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       45,389.03     45,389.03             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          47,123.45     89,543.67             0.00         0.00   8,691,630.47
B           3,625.46      6,889.07             0.00         0.00     668,692.29

- -------------------------------------------------------------------------------
        1,211,398.90  3,477,264.11             0.00         0.00 213,847,110.72
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    361.980542  23.971651     1.953020    25.924671   0.000000    338.008891
A-2   1000.000000   0.000000     5.395372     5.395372   0.000000   1000.000000
A-3   1000.000000   0.000000     5.395372     5.395372   0.000000   1000.000000
A-4   1000.000000   0.000000     5.395371     5.395371   0.000000   1000.000000
A-5    693.608513   1.459788     3.742276     5.202064   0.000000    692.148725
A-6    854.097014   0.695148     4.608171     5.303319   0.000000    853.401866
A-7   1000.000000   0.000000     5.395372     5.395372   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      859.946900   4.176657     4.639733     8.816390   0.000000    855.770243
B      859.946896   4.176660     4.639731     8.816391   0.000000    855.770236

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:56                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S32 (POOL # 4126)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4126 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       49,425.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,519.81

SUBSERVICER ADVANCES THIS MONTH                                       22,348.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     621,866.59

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     262,049.81


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,329,480.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     213,847,110.72

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                    1,216,230.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.64764380 %     4.04142800 %    0.31092810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.62289020 %     4.06441333 %    0.31269640 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2526 %

      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                          7.15320078
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.51

POOL TRADING FACTOR:                                                68.43020121


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


Run:        12/27/96     13:00:57                                    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-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    35,089,761.92     5.400000  %    686,211.21
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     5.984000  %          0.00
A-9   760944WY0     8,653,500.00     7,320,688.44     9.370668  %          0.00
A-10  760944WU8     8,704,536.00     8,704,536.00     6.687500  %          0.00
A-11  760944WV6     3,108,764.00     3,108,764.00     7.875000  %          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     0.152292  %          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     5,162,041.50     7.000000  %      5,509.09
M-2   760944WQ7     3,209,348.00     3,097,208.88     7.000000  %      3,305.44
M-3   760944WR5     2,139,566.00     2,064,806.56     7.000000  %      2,203.63
B-1                 1,390,718.00     1,342,124.36     7.000000  %      1,432.36
B-2                   320,935.00       309,721.10     7.000000  %        330.54
B-3                   962,805.06       668,228.92     7.000000  %        713.15

- -------------------------------------------------------------------------------
                  213,956,513.06   176,147,768.48                    699,705.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       157,722.25    843,933.46             0.00         0.00  34,403,550.71
A-2        97,556.76     97,556.76             0.00         0.00  18,171,000.00
A-3        25,106.91     25,106.91             0.00         0.00   4,309,000.00
A-4       195,173.92    195,173.92             0.00         0.00  33,496,926.28
A-5         2,611.61      2,611.61             0.00         0.00     448,220.39
A-6       133,994.90    133,994.90             0.00         0.00  26,829,850.30
A-7        74,441.61     74,441.61             0.00         0.00   8,943,283.44
A-8        85,082.27     85,082.27             0.00         0.00  17,081,606.39
A-9        57,100.68     57,100.68             0.00         0.00   7,320,688.44
A-10       48,453.84     48,453.84             0.00         0.00   8,704,536.00
A-11       20,377.79     20,377.79             0.00         0.00   3,108,764.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       55,051.31     55,051.31             0.00         0.00           0.00
A-14       22,329.23     22,329.23             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        30,077.26     35,586.35             0.00         0.00   5,156,532.41
M-2        18,046.26     21,351.70             0.00         0.00   3,093,903.44
M-3        12,030.84     14,234.47             0.00         0.00   2,062,602.93
B-1         7,820.05      9,252.41             0.00         0.00   1,340,692.00
B-2         1,804.63      2,135.17             0.00         0.00     309,390.56
B-3         3,893.51      4,606.66             0.00         0.00     667,515.77

- -------------------------------------------------------------------------------
        1,048,675.63  1,748,381.05             0.00         0.00 175,448,063.06
===============================================================================



































Run:        12/27/96     13:00:57
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    593.223478  11.601008     2.666434    14.267442   0.000000    581.622470
A-2   1000.000000   0.000000     5.368816     5.368816   0.000000   1000.000000
A-3   1000.000000   0.000000     5.826621     5.826621   0.000000   1000.000000
A-4    963.172558   0.000000     5.612042     5.612042   0.000000    963.172558
A-5    912.872485   0.000000     5.318961     5.318961   0.000000    912.872485
A-6    918.909163   0.000000     4.589259     4.589259   0.000000    918.909164
A-7    918.909164   0.000000     7.648765     7.648765   0.000000    918.909164
A-8    845.980060   0.000000     4.213767     4.213767   0.000000    845.980060
A-9    845.980059   0.000000     6.598565     6.598565   0.000000    845.980059
A-10  1000.000000   0.000000     5.566505     5.566505   0.000000   1000.000000
A-11  1000.000000   0.000000     6.554949     6.554949   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    965.058598   1.029940     5.623031     6.652971   0.000000    964.028657
M-2    965.058598   1.029941     5.623030     6.652971   0.000000    964.028656
M-3    965.058596   1.029943     5.623028     6.652971   0.000000    964.028654
B-1    965.058596   1.029943     5.623031     6.652974   0.000000    964.028653
B-2    965.058657   1.029928     5.623039     6.652967   0.000000    964.028729
B-3    694.043839   0.740690     4.043934     4.784624   0.000000    693.303139

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:58                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S34 (POOL # 4127)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4127 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,970.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,578.27

SUBSERVICER ADVANCES THIS MONTH                                       13,926.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     783,840.21

 (B)  TWO MONTHLY PAYMENTS:                                    4     967,809.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        225,909.54

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     175,448,063.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          595

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      511,715.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.82186120 %     5.86102100 %    1.31711820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.80092530 %     5.87811492 %    1.32095980 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1524 %

      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                          7.53623711
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.23

POOL TRADING FACTOR:                                                82.00173977


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


Run:        12/27/96     13:00:59                                    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-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    50,569,852.62     8.117479  %  1,555,404.41
M     760944VP0     3,025,700.00     2,818,062.82     8.117479  %      2,246.51
R     760944VQ8           100.00             0.00     8.117479  %          0.00
B-1                 3,429,100.00     2,675,209.78     8.117479  %      2,132.63
B-2                   941,300.03             0.00     8.117479  %          0.00

- -------------------------------------------------------------------------------
                  134,473,200.03    56,063,125.22                  1,559,783.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         337,295.40  1,892,699.81             0.00         0.00  49,014,448.21
M          18,796.17     21,042.68             0.00         0.00   2,815,816.31
R               0.00          0.00             0.00         0.00           0.00
B-1        17,843.37     19,976.00             0.00         0.00   2,580,295.80
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          373,934.94  1,933,718.49             0.00         0.00  54,410,560.32
===============================================================================











Run:        12/27/96     13:00:59
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      397.946541  12.239858     2.654260    14.894118   0.000000    385.706683
M      931.375490   0.742476     6.212172     6.954648   0.000000    930.633014
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    780.149246   0.621921     5.203511     5.825432   0.000000    752.470269
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:00:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S38 (POOL # 4128)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4128 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,604.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,739.28

SUBSERVICER ADVANCES THIS MONTH                                       44,898.94
MASTER SERVICER ADVANCES THIS MONTH                                    4,425.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   3,527,547.77

 (B)  TWO MONTHLY PAYMENTS:                                    1     216,120.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,257,427.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      54,410,560.32

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

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                 622,993.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,321,229.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.20162970 %     5.02658900 %    4.77178140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.08260150 %     5.17512831 %    4.74227020 %

      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                          8.56732538
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.32

POOL TRADING FACTOR:                                                40.46201050


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


Run:        12/27/96     13:01:00                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    14,762,228.56     6.847223  %     87,830.16
A-2   760944XA1    25,550,000.00    25,550,000.00     6.847223  %          0.00
A-3   760944XB9    15,000,000.00    12,492,297.49     6.847223  %     17,848.95
A-4                32,700,000.00    32,700,000.00     6.847223  %          0.00
A-5   760944XC7             0.00             0.00     0.050800  %          0.00
R     760944XD5           100.00             0.00     6.847223  %          0.00
B-1                 2,684,092.00     2,584,628.68     6.847223  %      2,784.35
B-2                 1,609,940.00     1,550,281.11     6.847223  %      1,670.07
B-3                 1,341,617.00     1,291,901.23     6.847223  %      1,391.73
B-4                   536,646.00       516,759.75     6.847223  %        556.69
B-5                   375,652.00       361,731.62     6.847223  %        389.68
B-6                   429,317.20       413,408.15     6.847223  %        445.36

- -------------------------------------------------------------------------------
                  107,329,364.20    92,223,236.59                    112,916.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        84,221.16    172,051.32             0.00         0.00  14,674,398.40
A-2       145,767.34    145,767.34             0.00         0.00  25,550,000.00
A-3        71,270.80     89,119.75             0.00         0.00  12,474,448.54
A-4       186,559.37    186,559.37             0.00         0.00  32,700,000.00
A-5         3,903.55      3,903.55             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B-1        14,745.77     17,530.12             0.00         0.00   2,581,844.33
B-2         8,844.63     10,514.70             0.00         0.00   1,548,611.04
B-3         7,370.53      8,762.26             0.00         0.00   1,290,509.50
B-4         2,948.21      3,504.90             0.00         0.00     516,203.06
B-5         2,063.75      2,453.43             0.00         0.00     361,341.94
B-6         2,358.56      2,803.92             0.00         0.00     412,962.79

- -------------------------------------------------------------------------------
          530,053.67    642,970.66             0.00         0.00  92,110,319.60
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    544.691483   3.240726     3.107563     6.348289   0.000000    541.450756
A-2   1000.000000   0.000000     5.705180     5.705180   0.000000   1000.000000
A-3    832.819833   1.189930     4.751387     5.941317   0.000000    831.629903
A-4   1000.000000   0.000000     5.705180     5.705180   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    962.943401   1.037353     5.493765     6.531118   0.000000    961.906049
B-2    962.943408   1.037349     5.493764     6.531113   0.000000    961.906059
B-3    962.943396   1.037353     5.493766     6.531119   0.000000    961.906043
B-4    962.943449   1.037351     5.493771     6.531122   0.000000    961.906098
B-5    962.943416   1.037343     5.493781     6.531124   0.000000    961.906073
B-6    962.943367   1.037345     5.493747     6.531092   0.000000    961.906022

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:01                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S41 (POOL # 4129)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4129 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,786.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,636.61

SUBSERVICER ADVANCES THIS MONTH                                        6,249.08
MASTER SERVICER ADVANCES THIS MONTH                                    3,129.37


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     917,239.60

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      92,110,319.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          321

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                 460,305.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       13,567.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.71473140 %     7.28526870 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.71365830 %     7.28634170 %

      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                          7.26875967
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.01

POOL TRADING FACTOR:                                                85.82024154


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


Run:        12/27/96     13:01:01                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     3,253,484.91     7.085910  %     30,999.95
A-2   760944XF0    25,100,000.00     7,255,588.33     7.085910  %    299,578.33
A-3   760944XG8    29,000,000.00     8,382,950.64     5.995910  %    346,126.35
A-4   760944ZC5             0.00             0.00     1.090000  %          0.00
A-5   760944XH6    52,129,000.00    52,129,000.00     7.085910  %          0.00
A-6   760944XJ2    35,266,000.00    35,266,000.00     7.085910  %          0.00
A-7   760944XK9    41,282,000.00    41,282,000.00     7.085910  %          0.00
R-I   760944XL7           100.00             0.00     7.085910  %          0.00
R-II  760944XQ6       210,347.00             0.00     7.085910  %          0.00
M-1   760944XM5     5,029,000.00     4,865,756.04     7.085910  %      5,165.92
M-2   760944XN3     3,520,000.00     3,405,739.00     7.085910  %      3,615.84
M-3   760944XP8     2,012,000.00     1,946,689.42     7.085910  %      2,066.78
B-1   760944B80     1,207,000.00     1,167,820.16     7.085910  %      1,239.86
B-2   760944B98       402,000.00       388,950.86     7.085910  %        412.95
B-3                   905,558.27       663,027.57     7.085910  %        703.93

- -------------------------------------------------------------------------------
                  201,163,005.27   160,007,006.93                    689,909.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        19,196.34     50,196.29             0.00         0.00   3,222,484.96
A-2        42,809.70    342,388.03             0.00         0.00   6,956,010.00
A-3        41,852.93    387,979.28             0.00         0.00   8,036,824.29
A-4         7,608.47      7,608.47             0.00         0.00           0.00
A-5       307,573.50    307,573.50             0.00         0.00  52,129,000.00
A-6       208,077.80    208,077.80             0.00         0.00  35,266,000.00
A-7       243,573.63    243,573.63             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        28,709.12     33,875.04             0.00         0.00   4,860,590.12
M-2        20,094.67     23,710.51             0.00         0.00   3,402,123.16
M-3        11,485.94     13,552.72             0.00         0.00   1,944,622.64
B-1         6,890.42      8,130.28             0.00         0.00   1,166,580.30
B-2         2,294.91      2,707.86             0.00         0.00     388,537.91
B-3         3,911.98      4,615.91             0.00         0.00     662,323.64

- -------------------------------------------------------------------------------
          944,079.41  1,633,989.32             0.00         0.00 159,317,097.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    637.938218   6.078422     3.763988     9.842410   0.000000    631.859796
A-2    289.067264  11.935392     1.705566    13.640958   0.000000    277.131873
A-3    289.067263  11.935391     1.443204    13.378595   0.000000    277.131872
A-5   1000.000000   0.000000     5.900238     5.900238   0.000000   1000.000000
A-6   1000.000000   0.000000     5.900238     5.900238   0.000000   1000.000000
A-7   1000.000000   0.000000     5.900238     5.900238   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    967.539479   1.027226     5.708713     6.735939   0.000000    966.512253
M-2    967.539489   1.027227     5.708713     6.735940   0.000000    966.512261
M-3    967.539473   1.027227     5.708718     6.735945   0.000000    966.512247
B-1    967.539486   1.027225     5.708716     6.735941   0.000000    966.512262
B-2    967.539453   1.027239     5.708731     6.735970   0.000000    966.512214
B-3    732.175490   0.777300     4.320009     5.097309   0.000000    731.398146

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:02                                        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                       33,306.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,904.55

SUBSERVICER ADVANCES THIS MONTH                                       19,500.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,884,532.10

 (B)  TWO MONTHLY PAYMENTS:                                    1     264,428.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        654,450.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     159,317,097.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          563

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      520,032.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.22660100 %     6.38608600 %    1.38731340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.20122760 %     6.40693065 %    1.39184170 %

      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                          7.46086399
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.76

POOL TRADING FACTOR:                                                79.19801000


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


Run:        12/27/96     13:01:03                                    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-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     2,844,747.02     4.450000  %    519,588.88
A-3   760944XS2    17,312,000.00    17,312,000.00     5.065000  %          0.00
A-4   760944YL6    53,021,000.00    35,959,910.78     6.250000  %    415,685.20
A-5   760944YM4    24,343,000.00    20,839,568.01     5.837500  %    568,634.94
A-6   760944YN2             0.00             0.00     2.662500  %          0.00
A-7   760944XT0     4,877,000.00     4,877,000.00     5.732000  %          0.00
A-8   760944YQ5     7,400,000.00     7,400,000.00     6.478840  %          0.00
A-9   760944YR3    26,000,000.00    26,000,000.00     6.478840  %          0.00
A-10  760944YP7    11,167,000.00    11,167,000.00     6.304600  %          0.00
A-11  760944YW2    40,005,000.00    30,046,542.10     7.000000  %     63,635.91
A-12  760944YX0    16,300,192.00    11,995,104.41     6.137500  %          0.00
A-13  760944YY8     8,444,808.00     6,214,427.03     5.525238  %          0.00
A-14  760944YZ5             0.00             0.00     0.210646  %          0.00
R-I   760944YT9           100.00             0.00     6.500000  %          0.00
R-II  760944YU6           100.00             0.00     6.500000  %          0.00
M     760944YS1     8,291,600.00     7,167,983.30     6.500000  %     34,712.57
B                     777,263.95       448,644.62     6.500000  %      2,172.66

- -------------------------------------------------------------------------------
                  259,085,063.95   182,272,927.27                  1,604,430.16
===============================================================================
_______________________________________________________________________________
                                                                      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        10,520.38    530,109.26             0.00         0.00   2,325,158.14
A-3        72,870.97     72,870.97             0.00         0.00  17,312,000.00
A-4       186,778.30    602,463.50             0.00         0.00  35,544,225.58
A-5       101,098.20    669,733.14             0.00         0.00  20,270,933.07
A-6        46,111.17     46,111.17             0.00         0.00           0.00
A-7        23,232.00     23,232.00             0.00         0.00   4,877,000.00
A-8        39,843.44     39,843.44             0.00         0.00   7,400,000.00
A-9       139,990.45    139,990.45             0.00         0.00  26,000,000.00
A-10       58,508.89     58,508.89             0.00         0.00  11,167,000.00
A-11      174,791.52    238,427.43             0.00         0.00  29,982,906.19
A-12       61,181.95     61,181.95             0.00         0.00  11,995,104.41
A-13       28,535.13     28,535.13             0.00         0.00   6,214,427.03
A-14       31,908.23     31,908.23             0.00         0.00           0.00
R-I             1.77          1.77             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          38,720.25     73,432.82             0.00         0.00   7,133,270.73
B           2,423.52      4,596.18             0.00         0.00     446,471.96

- -------------------------------------------------------------------------------
        1,016,516.17  2,620,946.33             0.00         0.00 180,668,497.11
===============================================================================













































Run:        12/27/96     13:01:03
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    470.517205  85.939279     1.740056    87.679335   0.000000    384.577926
A-3   1000.000000   0.000000     4.209275     4.209275   0.000000   1000.000000
A-4    678.220154   7.840011     3.522723    11.362734   0.000000    670.380143
A-5    856.080516  23.359279     4.153071    27.512350   0.000000    832.721237
A-7   1000.000000   0.000000     4.763584     4.763584   0.000000   1000.000000
A-8   1000.000000   0.000000     5.384249     5.384249   0.000000   1000.000000
A-9   1000.000000   0.000000     5.384248     5.384248   0.000000   1000.000000
A-10  1000.000000   0.000000     5.239446     5.239446   0.000000   1000.000000
A-11   751.069669   1.590699     4.369242     5.959941   0.000000    749.478970
A-12   735.887308   0.000000     3.753450     3.753450   0.000000    735.887308
A-13   735.887309   0.000000     3.379015     3.379015   0.000000    735.887309
R-I      0.000000   0.000000    17.750000    17.750000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      864.487349   4.186474     4.669816     8.856290   0.000000    860.300874
B      577.210123   2.795267     3.118001     5.913268   0.000000    574.414856

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S36 (POOL # 4131)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4131 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       44,310.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,551.70

SUBSERVICER ADVANCES THIS MONTH                                       11,721.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     720,793.19

 (B)  TWO MONTHLY PAYMENTS:                                    2     449,861.09

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     180,668,497.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          757

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      721,732.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.82130600 %     3.93255500 %    0.24613890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.80461300 %     3.94826483 %    0.24712220 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2096 %

      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                          7.12694802
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              136.33

POOL TRADING FACTOR:                                                69.73327384


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


Run:        12/27/96     13:01:05                                    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-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    11,697,998.40     7.000000  %  1,236,340.65
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     6.087500  %          0.00
A-7   760944ZK7             0.00             0.00     3.412500  %          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     0.125190  %          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     6,444,613.11     7.000000  %      6,662.07
M-2   760944ZS0     4,012,200.00     3,866,652.23     7.000000  %      3,997.12
M-3   760944ZT8     2,674,800.00     2,577,768.17     7.000000  %      2,664.75
B-1                 1,604,900.00     1,546,680.16     7.000000  %      1,598.87
B-2                   534,900.00       515,495.81     7.000000  %        532.89
B-3                 1,203,791.32       950,948.91     7.000000  %        983.04

- -------------------------------------------------------------------------------
                  267,484,931.32   224,423,096.79                  1,252,779.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        68,146.86  1,304,487.51             0.00         0.00  10,461,657.75
A-2       149,823.43    149,823.43             0.00         0.00  29,037,000.00
A-3       195,119.47    195,119.47             0.00         0.00  36,634,000.00
A-4       103,374.06    103,374.06             0.00         0.00  18,679,000.00
A-5       249,540.77    249,540.77             0.00         0.00  43,144,000.00
A-6       109,235.32    109,235.32             0.00         0.00  21,561,940.00
A-7        61,234.59     61,234.59             0.00         0.00           0.00
A-8        99,033.76     99,033.76             0.00         0.00  17,000,000.00
A-9       122,335.82    122,335.82             0.00         0.00  21,000,000.00
A-10       56,897.81     56,897.81             0.00         0.00   9,767,000.00
A-11       23,381.63     23,381.63             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        37,543.19     44,205.26             0.00         0.00   6,437,951.04
M-2        22,525.24     26,522.36             0.00         0.00   3,862,655.11
M-3        15,016.83     17,681.58             0.00         0.00   2,575,103.42
B-1         9,010.21     10,609.08             0.00         0.00   1,545,081.29
B-2         3,003.03      3,535.92             0.00         0.00     514,962.92
B-3         5,539.76      6,522.80             0.00         0.00     949,965.87

- -------------------------------------------------------------------------------
        1,330,761.78  2,583,541.17             0.00         0.00 223,170,317.40
===============================================================================









































Run:        12/27/96     13:01:05
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    216.854486  22.918965     1.263289    24.182254   0.000000    193.935521
A-2   1000.000000   0.000000     5.159742     5.159742   0.000000   1000.000000
A-3   1000.000000   0.000000     5.326185     5.326185   0.000000   1000.000000
A-4   1000.000000   0.000000     5.534240     5.534240   0.000000   1000.000000
A-5   1000.000000   0.000000     5.783904     5.783904   0.000000   1000.000000
A-6   1000.000000   0.000000     5.066117     5.066117   0.000000   1000.000000
A-8   1000.000000   0.000000     5.825515     5.825515   0.000000   1000.000000
A-9   1000.000000   0.000000     5.825515     5.825515   0.000000   1000.000000
A-10  1000.000000   0.000000     5.825516     5.825516   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    963.723698   0.996242     5.614187     6.610429   0.000000    962.727455
M-2    963.723700   0.996241     5.614187     6.610428   0.000000    962.727459
M-3    963.723706   0.996243     5.614188     6.610431   0.000000    962.727464
B-1    963.723696   0.996243     5.614188     6.610431   0.000000    962.727453
B-2    963.723705   0.996242     5.614190     6.610432   0.000000    962.727463
B-3    789.961594   0.816612     4.601935     5.418547   0.000000    789.144974

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S37 (POOL # 4132)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4132 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       54,194.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,055.29

SUBSERVICER ADVANCES THIS MONTH                                       36,409.51
MASTER SERVICER ADVANCES THIS MONTH                                    5,300.64


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,098,557.05

 (B)  TWO MONTHLY PAYMENTS:                                    2     490,729.36

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     325,501.04


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,335,969.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     223,170,317.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          783

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                 778,221.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,020,783.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.91420600 %     5.74318500 %    1.34260910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.88179550 %     5.76945434 %    1.34875020 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1244 %

      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                          7.54032250
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.13

POOL TRADING FACTOR:                                                83.43285594


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


Run:        12/27/96     13:01:07                                    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-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    63,506,227.09     5.937500  %    658,481.10
A-2   760944ZB7             0.00             0.00     3.062500  %          0.00
A-3   760944ZD3    59,980,000.00    38,885,666.60     5.500000  %    877,974.79
A-4   760944A57    42,759,000.00    34,356,514.27     7.000000  %          0.00
A-5   760944A65    10,837,000.00    10,837,000.00     7.000000  %          0.00
A-6   760944A73     2,545,000.00     2,545,000.00     7.000000  %          0.00
A-7   760944A81     6,380,000.00     6,380,000.00     7.000000  %          0.00
A-8   760944A99    15,309,000.00     6,906,514.27     7.000000  %          0.00
A-9   760944B23    39,415,000.00    39,415,000.00     5.630000  %          0.00
A-10  760944ZW1    11,262,000.00    11,262,000.00    11.794757  %          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     4,416,378.43     0.000000  %     39,460.88
A-16  760944A40             0.00             0.00     0.078795  %          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     6,949,636.62     7.000000  %      7,408.70
M-2   760944B49     4,801,400.00     4,632,769.46     7.000000  %      4,938.79
M-3   760944B56     3,200,900.00     3,088,480.82     7.000000  %      3,292.49
B-1                 1,920,600.00     1,853,146.37     7.000000  %      1,975.56
B-2                   640,200.00       617,715.47     7.000000  %        658.52
B-3                 1,440,484.07     1,106,807.14     7.000000  %      1,179.92

- -------------------------------------------------------------------------------
                  320,088,061.92   263,359,850.01                  1,595,370.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       313,456.81    971,937.91             0.00         0.00  62,847,745.99
A-2       161,677.72    161,677.72             0.00         0.00           0.00
A-3       177,791.10  1,055,765.89             0.00         0.00  38,007,691.81
A-4       199,923.99    199,923.99             0.00         0.00  34,356,514.27
A-5        63,061.58     63,061.58             0.00         0.00  10,837,000.00
A-6        14,809.61     14,809.61             0.00         0.00   2,545,000.00
A-7        37,125.86     37,125.86             0.00         0.00   6,380,000.00
A-8        40,189.70     40,189.70             0.00         0.00   6,906,514.27
A-9       184,470.83    184,470.83             0.00         0.00  39,415,000.00
A-10      110,423.70    110,423.70             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       97,696.86     97,696.86             0.00         0.00  16,789,000.00
A-15            0.00     39,460.88             0.00         0.00   4,376,917.55
A-16       17,250.74     17,250.74             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        40,440.63     47,849.33             0.00         0.00   6,942,227.92
M-2        26,958.55     31,897.34             0.00         0.00   4,627,830.67
M-3        17,972.18     21,264.67             0.00         0.00   3,085,188.33
B-1        10,783.64     12,759.20             0.00         0.00   1,851,170.81
B-2         3,594.55      4,253.07             0.00         0.00     617,056.95
B-3         6,440.62      7,620.54             0.00         0.00   1,105,627.21

- -------------------------------------------------------------------------------
        1,524,068.67  3,119,439.42             0.00         0.00 261,764,479.25
===============================================================================































Run:        12/27/96     13:01:07
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    789.348287   8.184566     3.896100    12.080666   0.000000    781.163721
A-3    648.310547  14.637792     2.964173    17.601965   0.000000    633.672754
A-4    803.491996   0.000000     4.675600     4.675600   0.000000    803.491996
A-5   1000.000000   0.000000     5.819099     5.819099   0.000000   1000.000000
A-6   1000.000000   0.000000     5.819100     5.819100   0.000000   1000.000000
A-7   1000.000000   0.000000     5.819100     5.819100   0.000000   1000.000000
A-8    451.140785   0.000000     2.625234     2.625234   0.000000    451.140785
A-9   1000.000000   0.000000     4.680219     4.680219   0.000000   1000.000000
A-10  1000.000000   0.000000     9.804981     9.804981   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     5.819099     5.819099   0.000000   1000.000000
A-15   880.163805   7.864371     0.000000     7.864371   0.000000    872.299434
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.878880   1.028615     5.614727     6.643342   0.000000    963.850265
M-2    964.878881   1.028615     5.614727     6.643342   0.000000    963.850267
M-3    964.878884   1.028614     5.614727     6.643341   0.000000    963.850270
B-1    964.878876   1.028616     5.614725     6.643341   0.000000    963.850260
B-2    964.878897   1.028616     5.614730     6.643346   0.000000    963.850281
B-3    768.357779   0.819114     4.471150     5.290264   0.000000    767.538658

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:08                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S39 (POOL # 4133)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4133 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       71,411.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,967.20

SUBSERVICER ADVANCES THIS MONTH                                       40,466.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,678,938.99

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,252,734.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     261,764,479.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          934

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,314,454.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.95268740 %     5.66567200 %    1.38164090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.91764460 %     5.59863850 %    1.38851110 %

      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                          7.41318227
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.17

POOL TRADING FACTOR:                                                81.77889475


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


Run:        12/27/96     13:01:08                                    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-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    10,860,706.34     6.000000  %  1,299,930.94
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     5.884000  %          0.00
A-9   760944YF9     3,770,880.00     3,530,467.90     5.300580  %          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     5.984000  %          0.00
A-12  760944XX1       987,000.00       987,000.00     6.027429  %          0.00
A-13  760944XY9             0.00             0.00     0.376774  %          0.00
R     760944YK8       109,869.00             0.00     6.000000  %          0.00
M-1   760944YH5     2,008,172.00     1,732,288.40     6.000000  %      8,398.94
M-2   760944YJ1     3,132,748.00     2,702,369.58     6.000000  %     13,102.34
B                     481,961.44       415,749.33     6.000000  %      2,015.75

- -------------------------------------------------------------------------------
                  160,653,750.44   123,897,829.41                  1,323,447.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        54,088.37  1,354,019.31             0.00         0.00   9,560,775.40
A-2       116,461.72    116,461.72             0.00         0.00  23,385,000.00
A-3       176,049.68    176,049.68             0.00         0.00  35,350,000.00
A-4        17,938.64     17,938.64             0.00         0.00   3,602,000.00
A-5        50,424.41     50,424.41             0.00         0.00  10,125,000.00
A-6        72,068.49     72,068.49             0.00         0.00  14,471,035.75
A-7        24,379.03     24,379.03             0.00         0.00   4,895,202.95
A-8        42,195.33     42,195.33             0.00         0.00   8,639,669.72
A-9        15,532.82     15,532.82             0.00         0.00   3,530,467.90
A-10       10,398.24     10,398.24             0.00         0.00   1,509,339.44
A-11        8,404.01      8,404.01             0.00         0.00   1,692,000.00
A-12        4,937.92      4,937.92             0.00         0.00     987,000.00
A-13       38,747.10     38,747.10             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,627.12     17,026.06             0.00         0.00   1,723,889.46
M-2        13,458.31     26,560.65             0.00         0.00   2,689,267.24
B           2,070.52      4,086.27             0.00         0.00     413,733.58

- -------------------------------------------------------------------------------
          655,781.71  1,979,229.68             0.00         0.00 122,574,381.44
===============================================================================















































Run:        12/27/96     13:01:08
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    311.847312  37.325378     1.553059    38.878437   0.000000    274.521934
A-2   1000.000000   0.000000     4.980189     4.980189   0.000000   1000.000000
A-3   1000.000000   0.000000     4.980189     4.980189   0.000000   1000.000000
A-4   1000.000000   0.000000     4.980189     4.980189   0.000000   1000.000000
A-5   1000.000000   0.000000     4.980189     4.980189   0.000000   1000.000000
A-6    578.841430   0.000000     2.882740     2.882740   0.000000    578.841430
A-7    916.361466   0.000000     4.563652     4.563652   0.000000    916.361466
A-8    936.245093   0.000000     4.572533     4.572533   0.000000    936.245093
A-9    936.245094   0.000000     4.119150     4.119150   0.000000    936.245094
A-10   936.245093   0.000000     6.450041     6.450041   0.000000    936.245093
A-11  1000.000000   0.000000     4.966909     4.966909   0.000000   1000.000000
A-12  1000.000000   0.000000     5.002958     5.002958   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    862.619537   4.182381     4.296007     8.478388   0.000000    858.437156
M-2    862.619521   4.182379     4.296008     8.478387   0.000000    858.437142
B      862.619487   4.182389     4.296008     8.478397   0.000000    858.437098

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S42 (POOL # 4134)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4134 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,543.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,548.59

SUBSERVICER ADVANCES THIS MONTH                                        3,956.82
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     395,723.89

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     122,574,381.44

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                      722,733.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.08515550 %     0.33555800 %    3.57928630 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.06207250 %     0.33753675 %    3.60039080 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3766 %

      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                          6.74024960
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.56

POOL TRADING FACTOR:                                                76.29724243


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


Run:        12/27/96     13:01:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    88,824,543.91     5.837500  %  2,611,148.37
A-2   760944C30             0.00             0.00     1.662500  %          0.00
A-3   760944C48    30,006,995.00    13,220,302.20     4.750000  %    979,186.86
A-4   760944C55             0.00             0.00     1.662500  %          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    41,029,919.48     6.750000  %          0.00
A-11  760944D47     4,850,379.00     4,257,911.52     0.000000  %     43,826.14
A-12  760944D54             0.00             0.00     0.133787  %          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    10,451,212.78     6.750000  %     11,456.14
M-2   760944E20     6,487,300.00     6,270,534.37     6.750000  %      6,873.47
M-3   760944E38     4,325,000.00     4,180,485.14     6.750000  %      4,582.46
B-1                 2,811,100.00     2,717,170.33     6.750000  %      2,978.44
B-2                   865,000.00       836,097.03     6.750000  %        916.49
B-3                 1,730,037.55     1,365,022.22     6.750000  %      1,496.28

- -------------------------------------------------------------------------------
                  432,489,516.55   365,521,330.30                  3,662,464.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       430,468.42  3,041,616.79             0.00         0.00  86,213,395.54
A-2        48,657.57     48,657.57             0.00         0.00           0.00
A-3        52,133.44  1,031,320.30             0.00         0.00  12,241,115.34
A-4        73,938.46     73,938.46             0.00         0.00           0.00
A-5       308,389.56    308,389.56             0.00         0.00  59,913,758.57
A-6        33,864.96     33,864.96             0.00         0.00   6,579,267.84
A-7       131,776.28    131,776.28             0.00         0.00  24,049,823.12
A-8       315,946.94    315,946.94             0.00         0.00  56,380,504.44
A-9       254,664.94    254,664.94             0.00         0.00  45,444,777.35
A-10            0.00          0.00       229,924.82         0.00  41,259,844.30
A-11            0.00     43,826.14             0.00         0.00   4,214,085.38
A-12       40,598.39     40,598.39             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        58,566.85     70,022.99             0.00         0.00  10,439,756.64
M-2        35,139.03     42,012.50             0.00         0.00   6,263,660.90
M-3        23,426.74     28,009.20             0.00         0.00   4,175,902.68
B-1        15,226.57     18,205.01             0.00         0.00   2,714,191.89
B-2         4,685.35      5,601.84             0.00         0.00     835,180.54
B-3         7,649.36      9,145.64             0.00         0.00   1,363,525.94

- -------------------------------------------------------------------------------
        1,835,132.86  5,497,597.51       229,924.82         0.00 362,088,790.47
===============================================================================







































Run:        12/27/96     13:01:10
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    655.347612  19.265056     3.175997    22.441053   0.000000    636.082555
A-3    440.574013  32.631953     1.737376    34.369329   0.000000    407.942060
A-5    963.750404   0.000000     4.960640     4.960640   0.000000    963.750404
A-6    966.588862   0.000000     4.975249     4.975249   0.000000    966.588862
A-7    973.681464   0.000000     5.335096     5.335096   0.000000    973.681465
A-8    990.697237   0.000000     5.551702     5.551702   0.000000    990.697237
A-9    984.076044   0.000000     5.514598     5.514598   0.000000    984.076044
A-10  1071.305242   0.000000     0.000000     0.000000   6.003416   1077.308658
A-11   877.851302   9.035611     0.000000     9.035611   0.000000    868.815691
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    966.586153   1.059527     5.416587     6.476114   0.000000    965.526626
M-2    966.586156   1.059527     5.416588     6.476115   0.000000    965.526629
M-3    966.586160   1.059528     5.416587     6.476115   0.000000    965.526631
B-1    966.586151   1.059528     5.416588     6.476116   0.000000    965.526623
B-2    966.586162   1.059526     5.416590     6.476116   0.000000    965.526636
B-3    789.013059   0.864883     4.421499     5.286382   0.000000    788.148176

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:11                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S40 (POOL # 4135)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4135 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      107,497.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    38,386.35

SUBSERVICER ADVANCES THIS MONTH                                       30,619.59
MASTER SERVICER ADVANCES THIS MONTH                                    4,584.48


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,149,815.78

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,081,208.09

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,276,581.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     362,088,790.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,333

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                 687,413.31

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,031,675.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.85271620 %     5.78587000 %    1.36141370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.79294730 %     5.76635366 %    1.37279840 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1340 %

      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                          7.28496891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.78

POOL TRADING FACTOR:                                                83.72198091


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


Run:        12/27/96     13:01:12                                    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-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    15,910,531.70     6.500000  %    641,633.37
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    25,825,861.18     6.500000  %     27,777.55
A-11  760944G28             0.00             0.00     0.337236  %          0.00
R     760944G36     5,463,000.00        33,998.60     6.500000  %          0.00
M-1   760944G44     6,675,300.00     6,456,755.47     6.500000  %      6,944.70
M-2   760944G51     4,005,100.00     3,873,975.88     6.500000  %      4,166.74
M-3   760944G69     2,670,100.00     2,582,682.82     6.500000  %      2,777.86
B-1                 1,735,600.00     1,678,777.70     6.500000  %      1,805.64
B-2                   534,100.00       516,613.95     6.500000  %        555.66
B-3                 1,068,099.02     1,016,543.66     6.500000  %      1,093.36

- -------------------------------------------------------------------------------
                  267,002,299.02   227,693,740.96                    686,754.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        86,121.39    727,754.76             0.00         0.00  15,268,898.33
A-2       133,589.23    133,589.23             0.00         0.00  16,042,000.00
A-3       172,398.82    172,398.82             0.00         0.00  34,794,000.00
A-4       181,466.18    181,466.18             0.00         0.00  36,624,000.00
A-5       151,984.87    151,984.87             0.00         0.00  30,674,000.00
A-6        68,699.94     68,699.94             0.00         0.00  12,692,000.00
A-7       175,473.90    175,473.90             0.00         0.00  32,418,000.00
A-8        15,783.88     15,783.88             0.00         0.00   2,916,000.00
A-9        19,691.96     19,691.96             0.00         0.00   3,638,000.00
A-10      139,791.62    167,569.17             0.00         0.00  25,798,083.63
A-11       63,943.67     63,943.67             0.00         0.00           0.00
R               3.00          3.00           184.03         0.00      34,182.63
M-1        34,949.47     41,894.17             0.00         0.00   6,449,810.77
M-2        20,969.27     25,136.01             0.00         0.00   3,869,809.14
M-3        13,979.68     16,757.54             0.00         0.00   2,579,904.96
B-1         9,086.98     10,892.62             0.00         0.00   1,676,972.06
B-2         2,796.36      3,352.02             0.00         0.00     516,058.29
B-3         5,502.40      6,595.76             0.00         0.00   1,015,450.30

- -------------------------------------------------------------------------------
        1,296,232.62  1,982,987.50           184.03         0.00 227,007,170.11
===============================================================================












































Run:        12/27/96     13:01:12
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    329.049525  13.269774     1.781097    15.050871   0.000000    315.779752
A-2   1000.000000   0.000000     8.327467     8.327467   0.000000   1000.000000
A-3   1000.000000   0.000000     4.954843     4.954843   0.000000   1000.000000
A-4   1000.000000   0.000000     4.954843     4.954843   0.000000   1000.000000
A-5   1000.000000   0.000000     4.954844     4.954844   0.000000   1000.000000
A-6   1000.000000   0.000000     5.412854     5.412854   0.000000   1000.000000
A-7   1000.000000   0.000000     5.412854     5.412854   0.000000   1000.000000
A-8   1000.000000   0.000000     5.412853     5.412853   0.000000   1000.000000
A-9   1000.000000   0.000000     5.412853     5.412853   0.000000   1000.000000
A-10   967.260718   1.040358     5.235641     6.275999   0.000000    966.220361
R        6.223430   0.000000     0.000549     0.000549   0.033687      6.257117
M-1    967.260718   1.040358     5.235640     6.275998   0.000000    966.220360
M-2    967.260713   1.040359     5.235642     6.276001   0.000000    966.220354
M-3    967.260709   1.040358     5.235639     6.275997   0.000000    966.220351
B-1    967.260717   1.040355     5.235642     6.275997   0.000000    966.220362
B-2    967.260719   1.040367     5.235649     6.276016   0.000000    966.220352
B-3    951.731666   1.023660     5.151582     6.175242   0.000000    950.708016

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S43 (POOL # 4136)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4136 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       59,288.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,980.07

SUBSERVICER ADVANCES THIS MONTH                                       21,671.92
MASTER SERVICER ADVANCES THIS MONTH                                    3,929.30


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   1,980,974.18

 (B)  TWO MONTHLY PAYMENTS:                                    1     123,409.69

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,126,803.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     227,007,170.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          826

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                 576,151.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      441,670.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.91796540 %     5.67139600 %    1.41063840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.90418650 %     5.68243059 %    1.41338300 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3374 %

      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                          7.27577294
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.41

POOL TRADING FACTOR:                                                85.02067995


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


Run:        12/27/96     13:01:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     8,488,155.01     6.500000  %     90,971.67
A-2   760944G85    50,000,000.00    36,836,501.08     6.375000  %    792,082.21
A-3   760944G93    16,984,000.00    14,333,634.70     5.987500  %    159,479.42
A-4   760944H27             0.00             0.00     3.012500  %          0.00
A-5   760944H35    85,916,000.00    73,464,176.17     6.100000  %    749,258.86
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     5.984000  %          0.00
A-10  760944H84     5,731,923.00     5,041,226.65     7.458271  %          0.00
A-11  760944H92     5,000,000.00     4,397,500.33     6.184000  %          0.00
A-12  760944J25     1,923,077.00     1,691,346.35     7.321600  %          0.00
A-13  760944J33             0.00             0.00     0.315955  %          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     5,806,580.29     6.500000  %      6,337.44
M-2   760944J74     3,601,003.00     3,482,500.24     6.500000  %      3,800.88
M-3   760944J82     2,400,669.00     2,321,667.13     6.500000  %      2,533.92
B-1   760944J90     1,560,435.00     1,509,083.77     6.500000  %      1,647.05
B-2   760944K23       480,134.00       464,333.62     6.500000  %        506.78
B-3   760944K31       960,268.90       859,490.84     6.500000  %        938.07

- -------------------------------------------------------------------------------
                  240,066,876.90   206,918,474.37                  1,807,556.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        45,835.34    136,807.01             0.00         0.00   8,397,183.34
A-2       195,088.81    987,171.02             0.00         0.00  36,044,418.87
A-3        71,297.72    230,777.14             0.00         0.00  14,174,155.28
A-4        35,872.14     35,872.14             0.00         0.00           0.00
A-5       372,288.19  1,121,547.05             0.00         0.00  72,714,917.31
A-6        78,180.64     78,180.64             0.00         0.00  14,762,000.00
A-7        99,563.69     99,563.69             0.00         0.00  18,438,000.00
A-8        30,563.53     30,563.53             0.00         0.00   5,660,000.00
A-9        46,542.20     46,542.20             0.00         0.00   9,362,278.19
A-10       31,235.48     31,235.48             0.00         0.00   5,041,226.65
A-11       22,591.72     22,591.72             0.00         0.00   4,397,500.33
A-12       10,287.56     10,287.56             0.00         0.00   1,691,346.35
A-13       54,312.24     54,312.24             0.00         0.00           0.00
R-I             1.22          1.22             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        31,355.06     37,692.50             0.00         0.00   5,800,242.85
M-2        18,805.21     22,606.09             0.00         0.00   3,478,699.36
M-3        12,536.82     15,070.74             0.00         0.00   2,319,133.21
B-1         8,148.92      9,795.97             0.00         0.00   1,507,436.72
B-2         2,507.36      3,014.14             0.00         0.00     463,826.84
B-3         4,641.18      5,579.25             0.00         0.00     807,831.62

- -------------------------------------------------------------------------------
        1,171,655.03  2,979,211.33             0.00         0.00 205,060,196.92
===============================================================================





































Run:        12/27/96     13:01:14
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    848.815501   9.097167     4.583534    13.680701   0.000000    839.718334
A-2    736.730022  15.841644     3.901776    19.743420   0.000000    720.888377
A-3    843.949288   9.389980     4.197935    13.587915   0.000000    834.559308
A-5    855.069791   8.720830     4.333165    13.053995   0.000000    846.348961
A-6   1000.000000   0.000000     5.296074     5.296074   0.000000   1000.000000
A-7   1000.000000   0.000000     5.399918     5.399918   0.000000   1000.000000
A-8   1000.000000   0.000000     5.399917     5.399917   0.000000   1000.000000
A-9    879.500065   0.000000     4.372212     4.372212   0.000000    879.500065
A-10   879.500065   0.000000     5.449389     5.449389   0.000000    879.500065
A-11   879.500066   0.000000     4.518344     4.518344   0.000000    879.500066
A-12   879.500067   0.000000     5.349531     5.349531   0.000000    879.500067
R-I      0.000000   0.000000    12.210000    12.210000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.091736   1.055507     5.222217     6.277724   0.000000    966.036230
M-2    967.091735   1.055506     5.222214     6.277720   0.000000    966.036229
M-3    967.091727   1.055506     5.222219     6.277725   0.000000    966.036222
B-1    967.091721   1.055507     5.222210     6.277717   0.000000    966.036214
B-2    967.091729   1.055497     5.222209     6.277706   0.000000    966.036232
B-3    895.052250   0.976883     4.833209     5.810092   0.000000    841.255632

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:15                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S44 (POOL # 4137)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4137 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       53,234.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,710.58

SUBSERVICER ADVANCES THIS MONTH                                       18,469.78
MASTER SERVICER ADVANCES THIS MONTH                                    3,955.94


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,175,504.74

 (B)  TWO MONTHLY PAYMENTS:                                    1     628,325.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     205,060,196.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          762

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                 561,253.42

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,397,108.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.01963930 %     5.61126700 %    1.36909390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.98880480 %     5.65593694 %    1.35525820 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3145 %

      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                          7.25038608
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.60

POOL TRADING FACTOR:                                                85.41794669


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


Run:        12/27/96     13:01:15                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    53,053,943.94     8.150448  %    992,978.20
M-1   760944E61     2,987,500.00     2,830,323.63     8.150448  %      2,226.22
M-2   760944E79     1,991,700.00     1,886,914.01     8.150448  %      1,484.17
R     760944E53           100.00             0.00     8.150448  %          0.00
B-1                   863,100.00       817,691.15     8.150448  %        643.16
B-2                   332,000.00       314,533.01     8.150448  %        247.40
B-3                   796,572.42       269,877.56     8.150448  %        212.28

- -------------------------------------------------------------------------------
                  132,777,672.42    59,173,283.30                    997,791.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         358,198.59  1,351,176.79             0.00         0.00  52,060,965.74
M-1        19,109.19     21,335.41             0.00         0.00   2,828,097.41
M-2        12,739.68     14,223.85             0.00         0.00   1,885,429.84
R               0.00          0.00             0.00         0.00           0.00
B-1         5,520.72      6,163.88             0.00         0.00     817,047.99
B-2         2,123.60      2,371.00             0.00         0.00     314,285.61
B-3         1,822.10      2,034.38             0.00         0.00      86,784.43

- -------------------------------------------------------------------------------
          399,513.88  1,397,305.31             0.00         0.00  57,992,611.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      421.710004   7.892888     2.847214    10.740102   0.000000    413.817116
M-1    947.388663   0.745178     6.396382     7.141560   0.000000    946.643485
M-2    947.388668   0.745177     6.396385     7.141562   0.000000    946.643491
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    947.388657   0.745174     6.396385     7.141559   0.000000    946.643483
B-2    947.388584   0.745181     6.396386     7.141567   0.000000    946.643404
B-3    338.798524   0.266492     2.287425     2.553917   0.000000    108.947320

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:16                                        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                       15,730.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,150.62

SUBSERVICER ADVANCES THIS MONTH                                       35,428.07
MASTER SERVICER ADVANCES THIS MONTH                                    1,779.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,456,419.32

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,014,942.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,191,401.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,992,611.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          209

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                 234,583.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      834,544.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.65861110 %     7.97190500 %    2.36948440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.77172230 %     8.12780657 %    2.10047110 %

      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                          8.59955600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.21

POOL TRADING FACTOR:                                                43.67647810


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


Run:        12/27/96     13:01:17                                    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-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    19,879,719.91     6.500000  %    317,015.37
A-2   760944M39    10,308,226.00     5,592,452.76     5.200000  %    196,232.70
A-3   760944M47    53,602,774.00    29,080,753.70     6.750000  %  1,020,410.02
A-4   760944M54    19,600,000.00    15,116,728.31     6.500000  %    186,557.85
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    23,930,611.94     6.500000  %    504,778.92
A-8   760944M96   122,726,000.00   100,407,505.87     6.500000  %    744,588.00
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    63,042,376.63     6.500000  %          0.00
A-16  760944N95     1,000,000.00     1,207,669.56     6.500000  %          0.00
A-17  760944P28     2,791,590.78     2,435,127.42     0.000000  %      3,341.90
A-18  760944P36             0.00             0.00     0.379254  %          0.00
R     760944P44           100.00             0.00     6.500000  %          0.00
M-1   760944P51    13,235,200.00    12,789,011.87     6.500000  %     13,775.40
M-2   760944P69     5,294,000.00     5,115,527.47     6.500000  %      5,510.08
M-3   760944P77     5,294,000.00     5,115,527.47     6.500000  %      5,510.08
B-1                 2,382,300.00     2,301,987.34     6.500000  %      2,479.53
B-2                   794,100.00       767,329.10     6.500000  %        826.51
B-3                 2,117,643.10     1,391,227.52     6.500000  %      1,498.52

- -------------------------------------------------------------------------------
                  529,391,833.88   451,221,456.87                  3,002,524.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       107,394.20    424,409.57             0.00         0.00  19,562,704.54
A-2        24,169.23    220,401.93             0.00         0.00   5,396,220.06
A-3       163,142.32  1,183,552.34             0.00         0.00  28,060,343.68
A-4        81,663.57    268,221.42             0.00         0.00  14,930,170.46
A-5        68,062.30     68,062.30             0.00         0.00  12,599,000.00
A-6       240,484.28    240,484.28             0.00         0.00  44,516,000.00
A-7       129,277.92    634,056.84             0.00         0.00  23,425,833.02
A-8       542,421.30  1,287,009.30             0.00         0.00  99,662,917.87
A-9       102,003.00    102,003.00             0.00         0.00  19,481,177.00
A-10       72,677.51     72,677.51             0.00         0.00  10,930,823.00
A-11      124,666.13    124,666.13             0.00         0.00  25,000,000.00
A-12       91,891.40     91,891.40             0.00         0.00  17,010,000.00
A-13       70,244.79     70,244.79             0.00         0.00  13,003,000.00
A-14      110,787.75    110,787.75             0.00         0.00  20,507,900.00
A-15            0.00          0.00       340,567.45         0.00  63,382,944.08
A-16            0.00          0.00         6,524.07         0.00   1,214,193.63
A-17            0.00      3,341.90             0.00         0.00   2,431,785.52
A-18      142,225.56    142,225.56             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        69,088.78     82,864.18             0.00         0.00  12,775,236.47
M-2        27,635.10     33,145.18             0.00         0.00   5,110,017.39
M-3        27,635.10     33,145.18             0.00         0.00   5,110,017.39
B-1        12,435.80     14,915.33             0.00         0.00   2,299,507.81
B-2         4,145.27      4,971.78             0.00         0.00     766,502.59
B-3         7,515.68      9,014.20             0.00         0.00   1,176,299.96

- -------------------------------------------------------------------------------
        2,219,566.99  5,222,091.87       347,091.52         0.00 448,352,594.47
===============================================================================































Run:        12/27/96     13:01:17
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    662.657330  10.567179     3.579807    14.146986   0.000000    652.090151
A-2    542.523297  19.036515     2.344655    21.381170   0.000000    523.486782
A-3    542.523297  19.036515     3.043542    22.080057   0.000000    523.486782
A-4    771.261648   9.518258     4.166509    13.684767   0.000000    761.743391
A-5   1000.000000   0.000000     5.402199     5.402199   0.000000   1000.000000
A-6   1000.000000   0.000000     5.402199     5.402199   0.000000   1000.000000
A-7    612.647191  12.922837     3.309642    16.232479   0.000000    599.724355
A-8    818.143717   6.067076     4.419775    10.486851   0.000000    812.076641
A-9   1000.000000   0.000000     5.235977     5.235977   0.000000   1000.000000
A-10  1000.000000   0.000000     6.648860     6.648860   0.000000   1000.000000
A-11  1000.000000   0.000000     4.986645     4.986645   0.000000   1000.000000
A-12  1000.000000   0.000000     5.402199     5.402199   0.000000   1000.000000
A-13  1000.000000   0.000000     5.402199     5.402199   0.000000   1000.000000
A-14  1000.000000   0.000000     5.402199     5.402199   0.000000   1000.000000
A-15  1084.376157   0.000000     0.000000     0.000000   5.858016   1090.234172
A-16  1207.669560   0.000000     0.000000     0.000000   6.524070   1214.193630
A-17   872.308161   1.197131     0.000000     1.197131   0.000000    871.111030
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    966.287768   1.040815     5.220078     6.260893   0.000000    965.246953
M-2    966.287773   1.040816     5.220079     6.260895   0.000000    965.246957
M-3    966.287773   1.040816     5.220079     6.260895   0.000000    965.246957
B-1    966.287764   1.040813     5.220081     6.260894   0.000000    965.246950
B-2    966.287747   1.040813     5.220086     6.260899   0.000000    965.246934
B-3    656.969779   0.707636     3.549082     4.256718   0.000000    555.476020

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:18                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S45 (POOL # 4139)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4139 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      103,522.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    47,552.88

SUBSERVICER ADVANCES THIS MONTH                                       42,397.69
MASTER SERVICER ADVANCES THIS MONTH                                      648.70


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,686,499.48

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,293,172.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     851,085.34


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        422,894.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     448,352,594.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,590

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                  94,186.90

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,971,119.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.87668270 %     5.12940500 %    0.99391260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.89183440 %     5.12883644 %    0.95135960 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3795 %

      BANKRUPTCY AMOUNT AVAILABLE                         135,873.00
      FRAUD AMOUNT AVAILABLE                              757,037.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,640,824.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.24582981
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.84

POOL TRADING FACTOR:                                                84.69201181


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


Run:        12/27/96     13:01:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     7,587,773.25     6.500000  %     68,864.56
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    76,988,719.76     5.650000  %    698,728.63
A-9   760944S58    43,941,000.00    32,719,759.14     6.037500  %    296,955.61
A-10  760944S66             0.00             0.00     2.462500  %          0.00
A-11  760944S74    16,684,850.00    16,614,005.06     6.134000  %          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     6.293295  %          0.00
A-14  760944T24    10,093,055.55    10,050,199.79     6.437500  %          0.00
A-15  760944T32     1,121,450.62     1,116,688.87     9.000000  %          0.00
A-16  760944T40     2,760,493.83     2,748,772.60     5.712891  %          0.00
A-17  760944T57    78,019,000.00    53,558,193.08     6.500000  %    633,431.93
A-18  760944T65    46,560,000.00    46,560,000.00     6.500000  %          0.00
A-19  760944T73    36,044,000.00    36,044,000.00     6.500000  %          0.00
A-20  760944T81     4,005,000.00     4,005,000.00     6.500000  %          0.00
A-21  760944T99     2,513,000.00     2,513,000.00     6.500000  %          0.00
A-22  760944U22    38,870,000.00    38,783,354.23     6.500000  %          0.00
A-23  760944U30    45,370,000.00    35,573,324.43     6.500000  %    253,692.66
A-24  760944U48             0.00             0.00     0.232215  %          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    15,614,908.68     6.500000  %     17,057.84
M-2   760944U89     5,867,800.00     5,678,095.87     6.500000  %      6,202.79
M-3   760944U97     5,867,800.00     5,678,095.87     6.500000  %      6,202.79
B-1                 2,640,500.00     2,555,133.48     6.500000  %      2,791.25
B-2                   880,200.00       851,743.39     6.500000  %        930.45
B-3                 2,347,160.34     2,112,153.37     6.500000  %      2,307.35

- -------------------------------------------------------------------------------
                  586,778,060.34   509,971,075.75                  1,987,165.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        41,038.03    109,902.59             0.00         0.00   7,518,908.69
A-2        28,069.81     28,069.81             0.00         0.00   5,190,000.00
A-3        16,219.91     16,219.91             0.00         0.00   2,999,000.00
A-4       172,865.83    172,865.83             0.00         0.00  31,962,221.74
A-5       267,258.17    267,258.17             0.00         0.00  49,415,000.00
A-6        12,785.56     12,785.56             0.00         0.00   2,364,000.00
A-7        63,505.55     63,505.55             0.00         0.00  11,741,930.42
A-8       361,938.17  1,060,666.80             0.00         0.00  76,289,991.13
A-9       164,371.33    461,326.94             0.00         0.00  32,422,803.53
A-10       67,041.72     67,041.72             0.00         0.00           0.00
A-11       84,796.31     84,796.31             0.00         0.00  16,614,005.06
A-12       23,500.77     23,500.77             0.00         0.00   3,227,863.84
A-13       29,942.75     29,942.75             0.00         0.00   5,718,138.88
A-14       53,833.27     53,833.27             0.00         0.00  10,050,199.79
A-15        8,362.45      8,362.45             0.00         0.00   1,116,688.87
A-16       13,066.33     13,066.33             0.00         0.00   2,748,772.60
A-17      289,666.39    923,098.32             0.00         0.00  52,924,761.15
A-18      251,817.07    251,817.07             0.00         0.00  46,560,000.00
A-19      194,941.89    194,941.89             0.00         0.00  36,044,000.00
A-20       21,660.81     21,660.81             0.00         0.00   4,005,000.00
A-21       13,591.41     13,591.41             0.00         0.00   2,513,000.00
A-22      209,757.53    209,757.53             0.00         0.00  38,783,354.23
A-23      192,396.27    446,088.93             0.00         0.00  35,319,631.77
A-24       98,535.94     98,535.94             0.00         0.00           0.00
R-I             0.73          0.73             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        84,452.34    101,510.18             0.00         0.00  15,597,850.84
M-2        30,709.65     36,912.44             0.00         0.00   5,671,893.08
M-3        30,709.65     36,912.44             0.00         0.00   5,671,893.08
B-1        13,819.30     16,610.55             0.00         0.00   2,552,342.23
B-2         4,606.60      5,537.05             0.00         0.00     850,812.94
B-3        11,423.48     13,730.83             0.00         0.00   2,109,846.02

- -------------------------------------------------------------------------------
        2,856,685.02  4,843,850.88             0.00         0.00 507,983,909.89
===============================================================================
















Run:        12/27/96     13:01:19
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    744.629367   6.758053     4.027285    10.785338   0.000000    737.871314
A-2   1000.000000   0.000000     5.408441     5.408441   0.000000   1000.000000
A-3   1000.000000   0.000000     5.408439     5.408439   0.000000   1000.000000
A-4    976.571901   0.000000     5.281733     5.281733   0.000000    976.571901
A-5   1000.000000   0.000000     5.408442     5.408442   0.000000   1000.000000
A-6   1000.000000   0.000000     5.408443     5.408443   0.000000   1000.000000
A-7    995.753937   0.000000     5.385477     5.385477   0.000000    995.753937
A-8    744.629369   6.758053     3.500640    10.258693   0.000000    737.871316
A-9    744.629370   6.758053     3.740728    10.498781   0.000000    737.871317
A-11   995.753936   0.000000     5.082234     5.082234   0.000000    995.753936
A-12   995.753936   0.000000     7.249681     7.249681   0.000000    995.753936
A-13   995.753935   0.000000     5.214216     5.214216   0.000000    995.753935
A-14   995.753936   0.000000     5.333694     5.333694   0.000000    995.753936
A-15   995.753937   0.000000     7.456815     7.456815   0.000000    995.753937
A-16   995.753937   0.000000     4.733331     4.733331   0.000000    995.753937
A-17   686.476282   8.118944     3.712767    11.831711   0.000000    678.357338
A-18  1000.000000   0.000000     5.408442     5.408442   0.000000   1000.000000
A-19  1000.000000   0.000000     5.408442     5.408442   0.000000   1000.000000
A-20  1000.000000   0.000000     5.408442     5.408442   0.000000   1000.000000
A-21  1000.000000   0.000000     5.408440     5.408440   0.000000   1000.000000
A-22   997.770883   0.000000     5.396386     5.396386   0.000000    997.770883
A-23   784.071510   5.591639     4.240605     9.832244   0.000000    778.479872
R-I      0.000000   0.000000     1.460000     1.460000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.670307   1.057090     5.233589     6.290679   0.000000    966.613217
M-2    967.670314   1.057090     5.233588     6.290678   0.000000    966.613225
M-3    967.670314   1.057090     5.233588     6.290678   0.000000    966.613225
B-1    967.670320   1.057091     5.233592     6.290683   0.000000    966.613229
B-2    967.670291   1.057089     5.233583     6.290672   0.000000    966.613202
B-3    899.876048   0.983030     4.866928     5.849958   0.000000    898.893009

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:20                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S47 (POOL # 4140)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4140 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      117,949.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    53,738.02

SUBSERVICER ADVANCES THIS MONTH                                       44,354.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   4,356,032.61

 (B)  TWO MONTHLY PAYMENTS:                                    2     569,743.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,230,295.16


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        481,721.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     507,983,909.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,800

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,430,069.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.62902480 %     5.28875100 %    1.08222420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.61108930 %     5.30363983 %    1.08527080 %

CLASS A-24 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2328 %

      BANKRUPTCY AMOUNT AVAILABLE                         124,736.00
      FRAUD AMOUNT AVAILABLE                            5,411,796.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,411,796.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13553866
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.47

POOL TRADING FACTOR:                                                86.57172860


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


Run:        12/27/96     13:01:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     3,663,512.51     6.500000  %    119,901.01
A-2   760944K56    85,878,000.00    49,758,122.47     6.500000  %    687,922.84
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     6.137500  %          0.00
A-10  760944L55     7,049,337.00     6,418,799.63     7.285229  %          0.00
A-11  760944L63             0.00             0.00     0.159640  %          0.00
R     760944L71           100.00             0.00     6.500000  %          0.00
M-1   760944L89     3,099,138.00     2,701,487.22     6.500000  %     12,786.75
M-2   760944L97     3,305,815.00     2,881,645.46     6.500000  %     13,639.48
B                     826,454.53       586,452.38     6.500000  %      2,775.81

- -------------------------------------------------------------------------------
                  206,613,407.53   156,380,763.01                    837,025.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        19,831.80    139,732.81             0.00         0.00   3,543,611.50
A-2       269,357.04    957,279.88             0.00         0.00  49,070,199.63
A-3        70,156.73     70,156.73             0.00         0.00  12,960,000.00
A-4        14,940.79     14,940.79             0.00         0.00   2,760,000.00
A-5       121,691.73    121,691.73             0.00         0.00  23,954,120.07
A-6        59,848.39     59,848.39             0.00         0.00   9,581,648.02
A-7        28,560.72     28,560.72             0.00         0.00   5,276,000.00
A-8       118,722.82    118,722.82             0.00         0.00  21,931,576.52
A-9        71,086.71     71,086.71             0.00         0.00  13,907,398.73
A-10       38,944.67     38,944.67             0.00         0.00   6,418,799.63
A-11       20,791.00     20,791.00             0.00         0.00           0.00
R               1.00          1.00             0.00         0.00           0.00
M-1        14,624.04     27,410.79             0.00         0.00   2,688,700.47
M-2        15,599.29     29,238.77             0.00         0.00   2,868,005.98
B           3,174.63      5,950.44             0.00         0.00     583,676.57

- -------------------------------------------------------------------------------
          867,331.36  1,704,357.25             0.00         0.00 155,543,737.12
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    367.859475  12.039463     1.991345    14.030808   0.000000    355.820012
A-2    579.404766   8.010466     3.136508    11.146974   0.000000    571.394299
A-3   1000.000000   0.000000     5.413328     5.413328   0.000000   1000.000000
A-4   1000.000000   0.000000     5.413330     5.413330   0.000000   1000.000000
A-5    905.295543   0.000000     4.599083     4.599083   0.000000    905.295543
A-6    905.295542   0.000000     5.654610     5.654610   0.000000    905.295542
A-7   1000.000000   0.000000     5.413328     5.413328   0.000000   1000.000000
A-8    946.060587   0.000000     5.121336     5.121336   0.000000    946.060587
A-9    910.553663   0.000000     4.654232     4.654232   0.000000    910.553663
A-10   910.553663   0.000000     5.524586     5.524586   0.000000    910.553663
R        0.000000   0.000000    10.010000    10.010000   0.000000      0.000000
M-1    871.689876   4.125905     4.718744     8.844649   0.000000    867.563971
M-2    871.689874   4.125905     4.718743     8.844648   0.000000    867.563968
B      709.600297   3.358660     3.841300     7.199960   0.000000    706.241600

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S48 (POOL # 4141)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4141 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       35,344.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,824.51

SUBSERVICER ADVANCES THIS MONTH                                       20,538.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,722,628.02

 (B)  TWO MONTHLY PAYMENTS:                                    1     154,435.75

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     196,271.36


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     155,543,737.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          596

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       96,840.45

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.05476730 %     3.57021700 %    0.37501570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.05231100 %     3.57243985 %    0.37524920 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1597 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,740,407.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,397,357.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.05605929
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.67

POOL TRADING FACTOR:                                                75.28249932


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


Run:        12/27/96     13:01:22                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     9,378,192.98     6.000000  %    851,774.94
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    33,997,065.46     6.000000  %     79,821.92
A-5   760944Q43    10,500,000.00     3,918,106.25     6.000000  %    288,676.28
A-6   760944Q50    25,817,000.00    17,848,599.73     6.000000  %     88,921.44
A-7   760944Q68    11,470,000.00    11,470,000.00     6.000000  %          0.00
A-8   760944Q76    13,328,000.00    15,865,137.17     6.000000  %          0.00
A-9   760944Q84             0.00             0.00     0.237199  %          0.00
R     760944Q92           100.00             0.00     6.000000  %          0.00
M-1   760944R26     1,938,400.00     1,685,236.04     6.000000  %      8,177.77
M-2   760944R34       775,500.00       674,216.11     6.000000  %      3,271.70
M-3   760944R42       387,600.00       336,977.67     6.000000  %      1,635.22
B-1                   542,700.00       471,820.88     6.000000  %      2,289.56
B-2                   310,100.00       269,599.51     6.000000  %      1,308.26
B-3                   310,260.75       269,739.22     6.000000  %      1,308.92

- -------------------------------------------------------------------------------
                  155,046,660.75   120,641,691.02                  1,327,186.01
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        46,762.79    898,537.73             0.00         0.00   8,526,418.04
A-2       113,723.31    113,723.31             0.00         0.00  22,807,000.00
A-3         8,227.45      8,227.45             0.00         0.00   1,650,000.00
A-4       169,520.71    249,342.63             0.00         0.00  33,917,243.54
A-5        19,536.98    308,213.26             0.00         0.00   3,629,429.97
A-6        88,999.07    177,920.51             0.00         0.00  17,759,678.29
A-7        57,193.25     57,193.25             0.00         0.00  11,470,000.00
A-8             0.00          0.00        79,108.87         0.00  15,944,246.04
A-9        23,781.51     23,781.51             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,403.15     16,580.92             0.00         0.00   1,677,058.27
M-2         3,361.87      6,633.57             0.00         0.00     670,944.41
M-3         1,680.28      3,315.50             0.00         0.00     335,342.45
B-1         2,352.65      4,642.21             0.00         0.00     469,531.32
B-2         1,344.32      2,652.58             0.00         0.00     268,291.25
B-3         1,345.03      2,653.95             0.00         0.00     268,430.30

- -------------------------------------------------------------------------------
          546,232.37  1,873,418.38        79,108.87         0.00 119,393,613.88
===============================================================================















































Run:        12/27/96     13:01:22
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    337.685186  30.670277     1.683811    32.354088   0.000000    307.014909
A-2   1000.000000   0.000000     4.986334     4.986334   0.000000   1000.000000
A-3   1000.000000   0.000000     4.986333     4.986333   0.000000   1000.000000
A-4    908.089787   2.132110     4.528039     6.660149   0.000000    905.957678
A-5    373.152976  27.492979     1.860665    29.353644   0.000000    345.659997
A-6    691.350650   3.444298     3.447305     6.891603   0.000000    687.906352
A-7   1000.000000   0.000000     4.986334     4.986334   0.000000   1000.000000
A-8   1190.361432   0.000000     0.000000     0.000000   5.935539   1196.296972
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    869.395398   4.218825     4.335096     8.553921   0.000000    865.176574
M-2    869.395371   4.218827     4.335100     8.553927   0.000000    865.176544
M-3    869.395433   4.218834     4.335088     8.553922   0.000000    865.176600
B-1    869.395393   4.218832     4.335084     8.553916   0.000000    865.176562
B-2    869.395389   4.218833     4.335118     8.553951   0.000000    865.176556
B-3    869.395243   4.218839     4.335096     8.553935   0.000000    865.176404

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:23                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S49 (POOL # 4142)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4142 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,903.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,368.46

SUBSERVICER ADVANCES THIS MONTH                                        7,900.48
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     243,435.44

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        579,242.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     119,393,613.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          506

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      662,651.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.92677600 %     2.23507300 %    0.83815110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.90971910 %     2.24747794 %    0.84280290 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2373 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,350,753.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,832,300.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.63072703
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.98

POOL TRADING FACTOR:                                                77.00495664


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


Run:        12/27/96     13:01:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    52,138,031.00     5.750000  %    803,803.38
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     6.637500  %          0.00
A-14  760944Z43    22,295,600.00    21,279,253.46     7.026136  %          0.00
A-15  760944Z50    15,911,200.00    15,185,886.80     6.737500  %          0.00
A-16  760944Z68     5,303,800.00     5,062,025.89     6.787500  %          0.00
A-17  760944Z76    29,322,000.00    26,110,458.23     5.937500  %    357,245.95
A-18  760944Z84             0.00             0.00     3.062500  %          0.00
A-19  760944Z92    49,683,000.00    48,053,915.39     6.750000  %     51,518.24
A-20  7609442A5     5,593,279.30     4,749,263.22     0.000000  %     17,252.32
A-21  7609442B3             0.00             0.00     0.157510  %          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    14,178,821.17     6.750000  %     15,201.01
M-2   7609442F4     5,330,500.00     5,155,715.13     6.750000  %      5,527.40
M-3   7609442G2     5,330,500.00     5,155,715.13     6.750000  %      5,527.40
B-1                 2,665,200.00     2,577,809.21     6.750000  %      2,763.65
B-2                   799,500.00       773,284.75     6.750000  %        829.03
B-3                 1,865,759.44     1,650,518.31     6.750000  %      1,769.52

- -------------------------------------------------------------------------------
                  533,047,438.74   463,733,106.84                  1,261,437.90
===============================================================================
_______________________________________________________________________________
                                                                      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       249,485.60  1,053,288.98             0.00         0.00  51,334,227.62
A-4        63,402.35     63,402.35             0.00         0.00  11,287,000.00
A-5        86,787.66     86,787.66             0.00         0.00  20,857,631.08
A-6        30,375.68     30,375.68             0.00         0.00           0.00
A-7       204,826.90    204,826.90             0.00         0.00  37,443,000.00
A-8       115,148.81    115,148.81             0.00         0.00  20,499,000.00
A-9        13,312.97     13,312.97             0.00         0.00   2,370,000.00
A-10      269,737.33    269,737.33             0.00         0.00  48,019,128.22
A-11      116,463.26    116,463.26             0.00         0.00  20,733,000.00
A-12      270,882.03    270,882.03             0.00         0.00  48,222,911.15
A-13      288,505.23    288,505.23             0.00         0.00  52,230,738.70
A-14      124,421.63    124,421.63             0.00         0.00  21,279,253.46
A-15       85,145.55     85,145.55             0.00         0.00  15,185,886.80
A-16       28,592.83     28,592.83             0.00         0.00   5,062,025.89
A-17      129,015.27    486,261.22             0.00         0.00  25,753,212.28
A-18       66,544.72     66,544.72             0.00         0.00           0.00
A-19      269,932.73    321,450.97             0.00         0.00  48,002,397.15
A-20            0.00     17,252.32             0.00         0.00   4,732,010.90
A-21       60,785.36     60,785.36             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        79,646.54     94,847.55             0.00         0.00  14,163,620.16
M-2        28,961.14     34,488.54             0.00         0.00   5,150,187.73
M-3        28,961.14     34,488.54             0.00         0.00   5,150,187.73
B-1        14,480.30     17,243.95             0.00         0.00   2,575,045.56
B-2         4,343.77      5,172.80             0.00         0.00     772,455.72
B-3         9,271.46     11,040.98             0.00         0.00   1,648,748.79

- -------------------------------------------------------------------------------
        2,639,030.26  3,900,468.16             0.00         0.00 462,471,668.94
===============================================================================





















Run:        12/27/96     13:01:24
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    878.276919  13.540250     4.202641    17.742891   0.000000    864.736669
A-4   1000.000000   0.000000     5.617290     5.617290   0.000000   1000.000000
A-5    839.172443   0.000000     3.491759     3.491759   0.000000    839.172443
A-7   1000.000000   0.000000     5.470366     5.470366   0.000000   1000.000000
A-8   1000.000000   0.000000     5.617289     5.617289   0.000000   1000.000000
A-9   1000.000000   0.000000     5.617287     5.617287   0.000000   1000.000000
A-10   992.376792   0.000000     5.574467     5.574467   0.000000    992.376792
A-11  1000.000000   0.000000     5.617289     5.617289   0.000000   1000.000000
A-12   983.117799   0.000000     5.522457     5.522457   0.000000    983.117799
A-13   954.414928   0.000000     5.271871     5.271871   0.000000    954.414928
A-14   954.414928   0.000000     5.580546     5.580546   0.000000    954.414928
A-15   954.414928   0.000000     5.351297     5.351297   0.000000    954.414928
A-16   954.414927   0.000000     5.391008     5.391008   0.000000    954.414927
A-17   890.473304  12.183546     4.399948    16.583494   0.000000    878.289758
A-19   967.210422   1.036939     5.433100     6.470039   0.000000    966.173483
A-20   849.101746   3.084473     0.000000     3.084473   0.000000    846.017273
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    967.210421   1.036939     5.433101     6.470040   0.000000    966.173482
M-2    967.210417   1.036938     5.433100     6.470038   0.000000    966.173479
M-3    967.210417   1.036938     5.433100     6.470038   0.000000    966.173479
B-1    967.210419   1.036939     5.433101     6.470040   0.000000    966.173480
B-2    967.210444   1.036936     5.433108     6.470044   0.000000    966.173508
B-3    884.636183   0.948413     4.969258     5.917671   0.000000    883.687765

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:26                                        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                      101,672.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    49,691.48

SUBSERVICER ADVANCES THIS MONTH                                       47,183.07
MASTER SERVICER ADVANCES THIS MONTH                                    4,800.87


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   5,841,071.24

 (B)  TWO MONTHLY PAYMENTS:                                    2     438,410.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     543,191.17


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        124,032.33

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     462,471,668.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,614

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                 696,975.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      763,896.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.57453120 %     5.33575500 %    1.08971420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.56397350 %     5.28983660 %    1.09150470 %
CLASS A-21 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1575 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                            5,103,942.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,103,942.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.22731411
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.22

POOL TRADING FACTOR:                                                86.75994580


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


Run:        12/27/96     13:01:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    16,604,806.88    10.500000  %    127,342.56
A-2   760944V96    67,648,000.00    32,422,197.24     6.625000  %  1,188,530.57
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     0.125778  %          0.00
R     760944X37       267,710.00        21,852.96     7.000000  %        140.14
M-1   760944X45     7,801,800.00     7,569,317.83     7.000000  %      7,929.07
M-2   760944X52     2,600,600.00     2,523,105.93     7.000000  %      2,643.02
M-3   760944X60     2,600,600.00     2,523,105.93     7.000000  %      2,643.02
B-1                 1,300,350.00     1,261,601.48     7.000000  %      1,321.56
B-2                   390,100.00       378,475.59     7.000000  %        396.46
B-3                   910,233.77       804,143.49     7.000000  %        842.37

- -------------------------------------------------------------------------------
                  260,061,393.77   220,271,607.33                  1,331,788.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       145,032.99    272,375.55             0.00         0.00  16,477,464.32
A-2       178,678.39  1,367,208.96             0.00         0.00  31,233,666.67
A-3       112,336.01    112,336.01             0.00         0.00  20,384,000.00
A-4       290,252.79    290,252.79             0.00         0.00  52,668,000.00
A-5       272,816.01    272,816.01             0.00         0.00  49,504,000.00
A-6        58,689.34     58,689.34             0.00         0.00  10,079,000.00
A-7       112,283.60    112,283.60             0.00         0.00  19,283,000.00
A-8         6,114.08      6,114.08             0.00         0.00   1,050,000.00
A-9        18,604.27     18,604.27             0.00         0.00   3,195,000.00
A-10       23,046.53     23,046.53             0.00         0.00           0.00
R             127.25        267.39             0.00         0.00      21,712.82
M-1        44,075.62     52,004.69             0.00         0.00   7,561,388.76
M-2        14,691.88     17,334.90             0.00         0.00   2,520,462.91
M-3        14,691.88     17,334.90             0.00         0.00   2,520,462.91
B-1         7,346.22      8,667.78             0.00         0.00   1,260,279.92
B-2         2,203.83      2,600.29             0.00         0.00     378,079.13
B-3         4,682.46      5,524.83             0.00         0.00     803,301.12

- -------------------------------------------------------------------------------
        1,305,673.15  2,637,461.92             0.00         0.00 218,939,818.56
===============================================================================














































Run:        12/27/96     13:01:27
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    814.799886   6.248715     7.116786    13.365501   0.000000    808.551171
A-2    479.277987  17.569338     2.641296    20.210634   0.000000    461.708649
A-3   1000.000000   0.000000     5.510990     5.510990   0.000000   1000.000000
A-4   1000.000000   0.000000     5.510989     5.510989   0.000000   1000.000000
A-5   1000.000000   0.000000     5.510989     5.510989   0.000000   1000.000000
A-6   1000.000000   0.000000     5.822933     5.822933   0.000000   1000.000000
A-7   1000.000000   0.000000     5.822932     5.822932   0.000000   1000.000000
A-8   1000.000000   0.000000     5.822933     5.822933   0.000000   1000.000000
A-9   1000.000000   0.000000     5.822933     5.822933   0.000000   1000.000000
R       81.629226   0.523477     0.475328     0.998805   0.000000     81.105749
M-1    970.201470   1.016313     5.649417     6.665730   0.000000    969.185157
M-2    970.201465   1.016312     5.649419     6.665731   0.000000    969.185153
M-3    970.201465   1.016312     5.649419     6.665731   0.000000    969.185153
B-1    970.201469   1.016311     5.649417     6.665728   0.000000    969.185158
B-2    970.201461   1.016304     5.649398     6.665702   0.000000    969.185158
B-3    883.447216   0.925422     5.144261     6.069683   0.000000    882.521772

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S2 (POOL # 4144)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4144 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       45,051.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,630.60

SUBSERVICER ADVANCES THIS MONTH                                       22,380.08
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,722,698.17

 (B)  TWO MONTHLY PAYMENTS:                                    1     717,625.39

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        766,482.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     218,939,818.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          842

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,101,048.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.16309970 %     5.72726100 %    1.10963940 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.12871690 %     5.75606332 %    1.11521980 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1256 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,497,248.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,317,527.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.49641597
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.72

POOL TRADING FACTOR:                                                84.18774328


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


Run:        12/27/96     13:01:28                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   155,138,387.14     6.738323  %  1,413,226.81
A-2   7609442W7    76,450,085.00    91,958,398.41     6.738323  %          0.00
A-3   7609442R8             0.00             0.00     0.186000  %          0.00
R     7609442S6           100.00             0.00     6.738323  %          0.00
M-1   7609442T4     8,228,000.00     7,986,565.83     6.738323  %      8,298.74
M-2   7609442U1     2,992,100.00     2,904,302.85     6.738323  %      3,017.82
M-3   7609442V9     1,496,000.00     1,452,102.88     6.738323  %      1,508.86
B-1                 2,244,050.00     2,178,202.88     6.738323  %      2,263.34
B-2                 1,047,225.00     1,016,496.29     6.738323  %      1,056.23
B-3                 1,196,851.02     1,161,731.82     6.738323  %      1,207.15

- -------------------------------------------------------------------------------
                  299,203,903.02   263,796,188.10                  1,430,578.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       870,962.10  2,284,188.91             0.00         0.00 153,725,160.33
A-2             0.00          0.00       515,593.65         0.00  92,473,992.06
A-3        40,826.84     40,826.84             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,779.19     53,077.93             0.00         0.00   7,978,267.09
M-2        16,283.88     19,301.70             0.00         0.00   2,901,285.03
M-3         8,141.67      9,650.53             0.00         0.00   1,450,594.02
B-1        12,212.78     14,476.12             0.00         0.00   2,175,939.54
B-2         5,699.31      6,755.54             0.00         0.00   1,015,440.06
B-3         6,513.62      7,720.77             0.00         0.00   1,160,524.67

- -------------------------------------------------------------------------------
        1,005,419.39  2,435,998.34       515,593.65         0.00 262,881,202.80
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    754.749553   6.875360     4.237238    11.112598   0.000000    747.874192
A-2   1202.855411   0.000000     0.000000     0.000000   6.744187   1209.599598
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    970.657004   1.008597     5.442293     6.450890   0.000000    969.648407
M-2    970.657013   1.008596     5.442291     6.450887   0.000000    969.648418
M-3    970.657005   1.008596     5.442293     6.450889   0.000000    969.648409
B-1    970.657017   1.008596     5.442294     6.450890   0.000000    969.648421
B-2    970.657013   1.008599     5.442298     6.450897   0.000000    969.648414
B-3    970.657000   1.008597     5.442298     6.450895   0.000000    969.648395

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:29                                        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                       57,623.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,630.58

SUBSERVICER ADVANCES THIS MONTH                                       22,019.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   1,902,128.13

 (B)  TWO MONTHLY PAYMENTS:                                    2     856,223.91

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     321,096.99


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        113,785.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     262,881,202.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          966

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      640,877.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.66958160 %     4.67898000 %    1.65143820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.65414860 %     4.69038714 %    1.65546420 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,777,036.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,968,706.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.31214304
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.06

POOL TRADING FACTOR:                                                87.86021845


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


Run:        12/27/96     13:03:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    26,795,476.01     6.037500  %    172,733.63
A-2   7609442N7             0.00             0.00     3.962500  %          0.00
R     7609442P2           100.00             0.00    10.000000  %          0.00

- -------------------------------------------------------------------------------
                   36,569,304.65    26,795,476.01                    172,733.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       134,360.07    307,093.70             0.00         0.00  26,622,742.38
A-2        88,182.49     88,182.49             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          222,542.56    395,276.19             0.00         0.00  26,622,742.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    732.733355   4.723472     3.674132     8.397604   0.000000    728.009882
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       26-December-96 
DISTRIBUTION DATE        31-December-96 

Run:     12/27/96     13:03:20                                        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                                                      26,622,742.38

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                 362,064.77

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      129,503.13

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:                                                72.80078917


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


Run:        12/27/96     13:01:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    83,896,421.48     6.500000  %    891,381.84
A-2   7609443C0    22,306,000.00    12,584,998.64     6.500000  %    439,038.81
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    24,763,192.72     6.500000  %     25,548.75
A-9   7609443K2             0.00             0.00     0.533229  %          0.00
R     7609443L0           100.00             0.00     6.500000  %          0.00
M-1   7609443M8     6,635,000.00     6,443,285.66     6.500000  %      6,647.68
M-2   7609443N6     3,317,000.00     3,221,157.28     6.500000  %      3,323.34
M-3   7609443P1     1,990,200.00     1,932,694.38     6.500000  %      1,994.00
B-1                 1,326,800.00     1,288,462.91     6.500000  %      1,329.34
B-2                   398,000.00       386,500.04     6.500000  %        398.76
B-3                   928,851.36       802,388.46     6.500000  %        827.85

- -------------------------------------------------------------------------------
                  265,366,951.36   234,651,101.57                  1,370,490.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       453,995.10  1,345,376.94             0.00         0.00  83,005,039.64
A-2        68,102.16    507,140.97             0.00         0.00  12,145,959.83
A-3       173,385.91    173,385.91             0.00         0.00  32,041,000.00
A-4       243,425.35    243,425.35             0.00         0.00  44,984,000.00
A-5        56,819.45     56,819.45             0.00         0.00  10,500,000.00
A-6        58,264.29     58,264.29             0.00         0.00  10,767,000.00
A-7         5,627.83      5,627.83             0.00         0.00   1,040,000.00
A-8       134,002.95    159,551.70             0.00         0.00  24,737,643.97
A-9       104,167.06    104,167.06             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        34,867.04     41,514.72             0.00         0.00   6,436,637.98
M-2        17,430.90     20,754.24             0.00         0.00   3,217,833.94
M-3        10,458.54     12,452.54             0.00         0.00   1,930,700.38
B-1         6,972.35      8,301.69             0.00         0.00   1,287,133.57
B-2         2,091.50      2,490.26             0.00         0.00     386,101.28
B-3         4,342.03      5,169.88             0.00         0.00     801,560.61

- -------------------------------------------------------------------------------
        1,373,952.46  2,744,442.83             0.00         0.00 233,280,611.20
===============================================================================

















































Run:        12/27/96     13:01:30
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    809.553149   8.601332     4.380797    12.982129   0.000000    800.951817
A-2    564.197913  19.682543     3.053087    22.735630   0.000000    544.515369
A-3   1000.000000   0.000000     5.411376     5.411376   0.000000   1000.000000
A-4   1000.000000   0.000000     5.411376     5.411376   0.000000   1000.000000
A-5   1000.000000   0.000000     5.411376     5.411376   0.000000   1000.000000
A-6   1000.000000   0.000000     5.411376     5.411376   0.000000   1000.000000
A-7   1000.000000   0.000000     5.411375     5.411375   0.000000   1000.000000
A-8    971.105597   1.001912     5.255018     6.256930   0.000000    970.103685
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.105601   1.001911     5.255017     6.256928   0.000000    970.103690
M-2    971.105601   1.001911     5.255020     6.256931   0.000000    970.103690
M-3    971.105607   1.001909     5.255020     6.256929   0.000000    970.103698
B-1    971.105600   1.001914     5.255012     6.256926   0.000000    970.103686
B-2    971.105628   1.001910     5.255025     6.256935   0.000000    970.103719
B-3    863.850229   0.891251     4.674623     5.565874   0.000000    862.958967

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:30                                        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                       54,313.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,966.74

SUBSERVICER ADVANCES THIS MONTH                                       36,973.20
MASTER SERVICER ADVANCES THIS MONTH                                    3,763.89


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   3,682,147.20

 (B)  TWO MONTHLY PAYMENTS:                                    3     699,468.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,019,505.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     233,280,611.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          828

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                 532,869.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,128,395.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.00195070 %     4.94229000 %    1.05575960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.97293770 %     4.96619596 %    1.06086630 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5335 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,861.00
      FRAUD AMOUNT AVAILABLE                            2,448,515.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,767,680.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43701662
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.27

POOL TRADING FACTOR:                                                87.90869021


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


Run:        12/27/96     13:01:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    63,634,315.14     7.965407  %  2,844,068.40
M-1   7609442K3     3,625,500.00     3,363,397.11     7.965407  %     72,473.49
M-2   7609442L1     2,416,900.00     2,242,171.97     7.965407  %     48,313.66
R     7609442J6           100.00             0.00     7.965407  %          0.00
B-1                   886,200.00       822,132.80     7.965407  %     17,715.08
B-2                   322,280.00       298,981.00     7.965407  %      6,442.35
B-3                   805,639.55       655,632.58     7.965407  %     14,127.38

- -------------------------------------------------------------------------------
                  161,126,619.55    71,016,630.60                  3,003,140.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         413,137.75  3,257,206.15             0.00         0.00  60,790,246.74
M-1        21,836.43     94,309.92             0.00         0.00   3,290,923.62
M-2        14,557.02     62,870.68             0.00         0.00   2,193,858.31
R               0.00          0.00             0.00         0.00           0.00
B-1         5,337.60     23,052.68             0.00         0.00     804,417.72
B-2         1,941.10      8,383.45             0.00         0.00     292,538.65
B-3         4,256.60     18,383.98             0.00         0.00     406,809.84

- -------------------------------------------------------------------------------
          461,066.50  3,464,206.86             0.00         0.00  67,778,794.88
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      415.720358  18.580182     2.699012    21.279194   0.000000    397.140176
M-1    927.705726  19.989930     6.023012    26.012942   0.000000    907.715796
M-2    927.705726  19.989929     6.023013    26.012942   0.000000    907.715797
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    927.705710  19.989935     6.023020    26.012955   0.000000    907.715775
B-2    927.705722  19.989916     6.023023    26.012939   0.000000    907.715806
B-3    813.803866  17.535609     5.283517    22.819126   0.000000    504.952668

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S6 (POOL # 4147)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4147 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,405.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,771.36

SUBSERVICER ADVANCES THIS MONTH                                       16,198.15
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     821,775.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     269,714.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     218,333.95


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        858,366.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,778,794.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          240

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,692,546.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.60480750 %     7.89331900 %    2.50187370 %
PREPAYMENT PERCENT           94.80240370 %     0.00000000 %    5.19759630 %
NEXT DISTRIBUTION            89.68918210 %     8.09217977 %    2.21863820 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              983,715.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,142,050.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.41446865
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.05

POOL TRADING FACTOR:                                                42.06554762


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


Run:        12/27/96     13:03:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-MZ1 (POOL # 8022)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8022 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443Q9    49,500,000.00    45,030,784.77     6.470000  %    152,541.53
A-2   7609443R7    61,308,403.22    61,308,403.22     6.470000  %          0.00
A-3   7609443S5     5,000,000.00     5,936,872.58     6.470000  %          0.00
S-1   7609443T3             0.00             0.00     0.500000  %          0.00
S-2   7609443U0             0.00             0.00     0.250000  %          0.00
R     7609443V8           100.00             0.00     6.470000  %          0.00

- -------------------------------------------------------------------------------
                  115,808,503.22   112,276,060.57                    152,541.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       242,322.92    394,864.45             0.00         0.00  44,878,243.24
A-2       329,917.20    329,917.20             0.00         0.00  61,308,403.22
A-3             0.00          0.00        31,947.93         0.00   5,968,820.51
S-1        14,725.64     14,725.64             0.00         0.00           0.00
S-2         5,121.37      5,121.37             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          592,087.13    744,628.66        31,947.93         0.00 112,155,466.97
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    909.712824   3.081647     4.895413     7.977060   0.000000    906.631177
A-2   1000.000000   0.000000     5.381272     5.381272   0.000000   1000.000000
A-3   1187.374516   0.000000     0.000000     0.000000   6.389586   1193.764102
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       26-December-96 
DISTRIBUTION DATE        31-December-96 

Run:     12/27/96     13:03:21                                        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                     2,806.90

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     112,155,466.97

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               3,793,456.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            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:                                                96.84562347


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


Run:        12/27/96     13:01:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    51,881,258.34     5.500000  %    600,432.46
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    30,094,503.31     5.937500  %    240,172.98
A-9   7609445W4             0.00             0.00     3.062500  %          0.00
A-10  7609445X2    43,420,000.00    36,436,977.63     6.500000  %    238,420.09
A-11  7609445Y0    66,266,000.00    66,266,000.00     6.500000  %          0.00
A-12  7609445Z7    32,444,000.00    38,556,099.19     6.500000  %          0.00
A-13  7609446A1     4,623,000.00     5,493,923.28     6.500000  %          0.00
A-14  7609446B9       478,414.72       393,489.42     0.000000  %        502.50
A-15  7609446C7             0.00             0.00     0.501767  %          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    11,364,365.65     6.500000  %     11,770.92
M-2   7609446G8     4,252,700.00     4,132,293.41     6.500000  %      4,280.13
M-3   7609446H6     4,252,700.00     4,132,293.41     6.500000  %      4,280.13
B-1                 2,126,300.00     2,066,098.09     6.500000  %      2,140.01
B-2                   638,000.00       619,936.33     6.500000  %        642.11
B-3                 1,488,500.71     1,446,356.89     6.500000  %      1,498.11

- -------------------------------------------------------------------------------
                  425,269,315.43   376,109,232.29                  1,104,139.44
===============================================================================
_______________________________________________________________________________
                                                                      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       237,605.53    838,037.99             0.00         0.00  51,280,825.88
A-3       208,164.17    208,164.17             0.00         0.00  41,665,000.00
A-4        52,511.51     52,511.51             0.00         0.00  10,090,000.00
A-5        39,749.29     39,749.29             0.00         0.00   7,344,000.00
A-6       243,954.97    243,954.97             0.00         0.00  45,072,637.34
A-7       103,129.49    103,129.49             0.00         0.00  19,054,000.00
A-8       148,790.14    388,963.12             0.00         0.00  29,854,330.33
A-9        76,744.39     76,744.39             0.00         0.00           0.00
A-10      197,214.59    435,634.68             0.00         0.00  36,198,557.54
A-11      358,663.73    358,663.73             0.00         0.00  66,266,000.00
A-12            0.00          0.00       208,684.31         0.00  38,764,783.50
A-13            0.00          0.00        29,735.78         0.00   5,523,659.06
A-14            0.00        502.50             0.00         0.00     392,986.92
A-15      157,144.59    157,144.59             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        61,509.46     73,280.38             0.00         0.00  11,352,594.73
M-2        22,365.98     26,646.11             0.00         0.00   4,128,013.28
M-3        22,365.98     26,646.11             0.00         0.00   4,128,013.28
B-1        11,182.72     13,322.73             0.00         0.00   2,063,958.08
B-2         3,355.40      3,997.51             0.00         0.00     619,294.22
B-3         7,828.41      9,326.52             0.00         0.00   1,444,858.78

- -------------------------------------------------------------------------------
        1,952,280.35  3,056,419.79       238,420.09         0.00 375,243,512.94
===============================================================================



































Run:        12/27/96     13:01:32
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    902.047437  10.439580     4.131192    14.570772   0.000000    891.607857
A-3   1000.000000   0.000000     4.996140     4.996140   0.000000   1000.000000
A-4   1000.000000   0.000000     5.204312     5.204312   0.000000   1000.000000
A-5   1000.000000   0.000000     5.412485     5.412485   0.000000   1000.000000
A-6    991.980926   0.000000     5.369082     5.369082   0.000000    991.980926
A-7   1000.000000   0.000000     5.412485     5.412485   0.000000   1000.000000
A-8    599.683232   4.785848     2.964892     7.750740   0.000000    594.897384
A-10   839.174980   5.491020     4.542022    10.033042   0.000000    833.683960
A-11  1000.000000   0.000000     5.412485     5.412485   0.000000   1000.000000
A-12  1188.389200   0.000000     0.000000     0.000000   6.432139   1194.821338
A-13  1188.389202   0.000000     0.000000     0.000000   6.432139   1194.821341
A-14   822.486022   1.050344     0.000000     1.050344   0.000000    821.435678
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.687029   1.006449     5.259242     6.265691   0.000000    970.680581
M-2    971.687025   1.006450     5.259242     6.265692   0.000000    970.680575
M-3    971.687025   1.006450     5.259242     6.265692   0.000000    970.680575
B-1    971.687010   1.006448     5.259239     6.265687   0.000000    970.680563
B-2    971.687038   1.006442     5.259248     6.265690   0.000000    970.680596
B-3    971.687068   1.006449     5.259238     6.265687   0.000000    970.680612

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:34                                        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                       74,066.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    39,477.52

SUBSERVICER ADVANCES THIS MONTH                                       67,731.46
MASTER SERVICER ADVANCES THIS MONTH                                    5,473.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   4,514,489.11

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,544,580.88

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      3,797,113.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     375,243,512.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,315

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                 779,883.26

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      476,119.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.67571250 %     5.22441600 %    1.09987170 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.66768070 %     5.22557236 %    1.10126860 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5019 %

      BANKRUPTCY AMOUNT AVAILABLE                         142,572.00
      FRAUD AMOUNT AVAILABLE                            3,914,628.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,113,764.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.35705956
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.79

POOL TRADING FACTOR:                                                88.23667717


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


Run:        12/27/96     13:01:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    16,860,032.16     6.000000  %    805,435.38
A-2   7609445A2    54,914,000.00    32,210,237.02     6.000000  %    606,857.48
A-3   7609445B0    15,096,000.00    10,288,114.00     6.000000  %    296,102.51
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     5.770000  %          0.00
A-8   7609445G9     3,452,000.00     3,156,682.26     6.394237  %          0.00
A-9   7609445H7             0.00             0.00     0.323234  %          0.00
R     7609445J3           100.00             0.00     6.000000  %          0.00
M-1   7609445K0       775,800.00       683,179.35     6.000000  %      3,146.68
M-2   7609445L8     2,868,200.00     2,525,773.39     6.000000  %     11,633.54
B                     620,201.82       546,157.61     6.000000  %      2,515.56

- -------------------------------------------------------------------------------
                  155,035,301.82   124,459,070.85                  1,725,691.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        83,876.38    889,311.76             0.00         0.00  16,054,596.78
A-2       160,241.58    767,099.06             0.00         0.00  31,603,379.54
A-3        51,181.97    347,284.48             0.00         0.00   9,992,011.49
A-4        30,958.58     30,958.58             0.00         0.00   6,223,000.00
A-5        46,024.58     46,024.58             0.00         0.00   9,251,423.55
A-6       185,580.71    185,580.71             0.00         0.00  37,303,669.38
A-7        25,886.15     25,886.15             0.00         0.00   5,410,802.13
A-8        16,735.92     16,735.92             0.00         0.00   3,156,682.26
A-9        33,355.99     33,355.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         3,398.73      6,545.41             0.00         0.00     680,032.67
M-2        12,565.38     24,198.92             0.00         0.00   2,514,139.85
B           2,717.05      5,232.61             0.00         0.00     543,642.05

- -------------------------------------------------------------------------------
          652,523.02  2,378,214.17             0.00         0.00 122,733,379.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    986.659185  47.134561     4.908496    52.043057   0.000000    939.524624
A-2    586.557836  11.051052     2.918046    13.969098   0.000000    575.506784
A-3    681.512586  19.614634     3.390433    23.005067   0.000000    661.897952
A-4   1000.000000   0.000000     4.974864     4.974864   0.000000   1000.000000
A-5    972.298849   0.000000     4.837055     4.837055   0.000000    972.298849
A-6    967.268303   0.000000     4.812029     4.812029   0.000000    967.268303
A-7    914.450250   0.000000     4.374877     4.374877   0.000000    914.450250
A-8    914.450249   0.000000     4.848181     4.848181   0.000000    914.450249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    880.612722   4.056045     4.380936     8.436981   0.000000    876.556677
M-2    880.612715   4.056042     4.380929     8.436971   0.000000    876.556673
B      880.612717   4.056018     4.380929     8.436947   0.000000    876.556699

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S8 (POOL # 4149)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4149 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,878.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,360.75

SUBSERVICER ADVANCES THIS MONTH                                       14,994.27
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     853,917.83

 (B)  TWO MONTHLY PAYMENTS:                                    2     617,644.43

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     122,733,379.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          503

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,152,441.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.98285520 %     2.57832000 %    0.43882510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.95452490 %     2.60252959 %    0.44294560 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3229 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              665,100.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,661,458.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.69862264
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              141.87

POOL TRADING FACTOR:                                                79.16479554


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


Run:        12/27/96     13:01:36                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,697,519.10     6.500000  %    154,497.19
A-2   7609443X4    70,702,000.00    40,703,541.63     6.500000  %    510,006.86
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    28,660,163.57     6.500000  %     30,016.85
A-9   7609444E5             0.00             0.00     0.446376  %          0.00
R     7609444F2           100.00             0.00     6.500000  %          0.00
M-1   7609444G0     8,605,600.00     8,360,606.91     6.500000  %      8,756.37
M-2   7609444H8     3,129,000.00     3,039,920.41     6.500000  %      3,183.82
M-3   7609444J4     3,129,000.00     3,039,920.41     6.500000  %      3,183.82
B-1                 1,251,600.00     1,215,968.16     6.500000  %      1,273.53
B-2                   625,800.00       607,984.08     6.500000  %        636.76
B-3                 1,251,647.88     1,132,961.93     6.500000  %      1,186.60

- -------------------------------------------------------------------------------
                  312,906,747.88   272,385,586.20                    712,741.80
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        57,860.66    212,357.85             0.00         0.00  10,543,021.91
A-2       220,157.01    730,163.87             0.00         0.00  40,193,534.77
A-3        60,648.78     60,648.78             0.00         0.00  11,213,000.00
A-4       442,190.41    442,190.41             0.00         0.00  81,754,000.00
A-5       342,711.89    342,711.89             0.00         0.00  63,362,000.00
A-6        95,183.93     95,183.93             0.00         0.00  17,598,000.00
A-7         5,408.80      5,408.80             0.00         0.00   1,000,000.00
A-8       155,016.87    185,033.72             0.00         0.00  28,630,146.72
A-9       101,174.58    101,174.58             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        45,220.79     53,977.16             0.00         0.00   8,351,850.54
M-2        16,442.30     19,626.12             0.00         0.00   3,036,736.59
M-3        16,442.30     19,626.12             0.00         0.00   3,036,736.59
B-1         6,576.92      7,850.45             0.00         0.00   1,214,694.63
B-2         3,288.46      3,925.22             0.00         0.00     607,347.32
B-3         6,127.94      7,314.54             0.00         0.00   1,131,775.33

- -------------------------------------------------------------------------------
        1,574,451.64  2,287,193.44             0.00         0.00 271,672,844.40
===============================================================================















































Run:        12/27/96     13:01:36
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    540.688355   7.808804     2.924471    10.733275   0.000000    532.879551
A-2    575.705661   7.213471     3.113872    10.327343   0.000000    568.492189
A-3   1000.000000   0.000000     5.408792     5.408792   0.000000   1000.000000
A-4   1000.000000   0.000000     5.408792     5.408792   0.000000   1000.000000
A-5   1000.000000   0.000000     5.408792     5.408792   0.000000   1000.000000
A-6   1000.000000   0.000000     5.408792     5.408792   0.000000   1000.000000
A-7   1000.000000   0.000000     5.408800     5.408800   0.000000   1000.000000
A-8    971.530968   1.017520     5.254809     6.272329   0.000000    970.513448
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.530969   1.017520     5.254810     6.272330   0.000000    970.513449
M-2    971.530972   1.017520     5.254810     6.272330   0.000000    970.513452
M-3    971.530972   1.017520     5.254810     6.272330   0.000000    970.513452
B-1    971.530968   1.017522     5.254810     6.272332   0.000000    970.513447
B-2    971.530968   1.017514     5.254810     6.272324   0.000000    970.513455
B-3    905.176247   0.948014     4.895914     5.843928   0.000000    904.228216

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:37                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S9 (POOL # 4150)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4150 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,056.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,251.51

SUBSERVICER ADVANCES THIS MONTH                                       40,166.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   4,220,954.92

 (B)  TWO MONTHLY PAYMENTS:                                    1     270,827.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     555,190.32


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        916,097.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     271,672,844.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          957

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      427,462.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.61296530 %     5.30147300 %    1.08556190 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.60291570 %     5.30981437 %    1.08727000 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4465 %

      BANKRUPTCY AMOUNT AVAILABLE                         124,986.00
      FRAUD AMOUNT AVAILABLE                            2,846,141.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,359,024.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.32326378
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.57

POOL TRADING FACTOR:                                                86.82230289


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


Run:        12/27/96     13:01:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    28,229,775.84     6.000000  %    876,834.99
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     6.084000  %          0.00
A-8   7609444S4     5,178,948.00     4,846,170.25     7.400866  %          0.00
A-9   7609444T2    16,947,000.00    16,947,000.00     6.500000  %          0.00
A-10  7609444U9             0.00             0.00     0.195278  %          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       693,802.77     6.500000  %      3,197.59
M-2   7609444Y1     2,903,500.00     2,566,186.40     6.500000  %     11,827.00
B                     627,984.63       555,028.57     6.500000  %      2,558.00

- -------------------------------------------------------------------------------
                  156,939,684.63   122,660,104.08                    894,417.58
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       140,820.39  1,017,655.38             0.00         0.00  27,352,940.85
A-3       151,290.38    151,290.38             0.00         0.00  28,657,000.00
A-4        25,561.20     25,561.20             0.00         0.00   4,730,000.00
A-5        15,308.82     15,308.82             0.00         0.00           0.00
A-6       134,750.83    134,750.83             0.00         0.00  24,935,106.59
A-7        53,111.28     53,111.28             0.00         0.00  10,500,033.66
A-8        29,818.65     29,818.65             0.00         0.00   4,846,170.25
A-9        91,582.62     91,582.62             0.00         0.00  16,947,000.00
A-10       19,914.19     19,914.19             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-1         3,749.35      6,946.94             0.00         0.00     690,605.18
M-2        13,867.83     25,694.83             0.00         0.00   2,554,359.40
B           2,999.41      5,557.41             0.00         0.00     552,470.57

- -------------------------------------------------------------------------------
          682,776.84  1,577,194.42             0.00         0.00 121,765,686.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    964.428132  29.955758     4.810918    34.766676   0.000000    934.472374
A-3   1000.000000   0.000000     5.279352     5.279352   0.000000   1000.000000
A-4   1000.000000   0.000000     5.404059     5.404059   0.000000   1000.000000
A-6    974.560564   0.000000     5.266584     5.266584   0.000000    974.560564
A-7    935.744141   0.000000     4.733182     4.733182   0.000000    935.744141
A-8    935.744141   0.000000     5.757665     5.757665   0.000000    935.744142
A-9   1000.000000   0.000000     5.404061     5.404061   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    883.825185   4.073363     4.776242     8.849605   0.000000    879.751822
M-2    883.825177   4.073360     4.776246     8.849606   0.000000    879.751817
B      883.825087   4.073364     4.776232     8.849596   0.000000    879.751723

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:38                                        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                       28,059.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,097.69

SUBSERVICER ADVANCES THIS MONTH                                       10,740.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     833,748.33

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        271,101.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,765,686.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          521

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      329,103.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.88976480 %     2.65774200 %    0.45249320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.88135860 %     2.66492529 %    0.45371610 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1957 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              663,513.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,827,686.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.09583265
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              140.84

POOL TRADING FACTOR:                                                77.58756925


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


Run:        12/27/96     13:01:39                                    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-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   127,516,954.88     6.989333  %  2,562,462.94
A-2   760947LS8    99,787,000.00    76,194,816.61     6.989333  %  1,531,140.66
A-3   7609446Y9   100,000,000.00   119,707,967.85     6.989333  %          0.00
A-4   7609446Z6             0.00             0.00     0.133000  %          0.00
R     7609447A0           100.00             0.00     6.989333  %          0.00
M-1   7609447B8    10,702,300.00    10,406,557.22     6.989333  %     10,606.33
M-2   7609447C6     3,891,700.00     3,784,158.40     6.989333  %      3,856.80
M-3   7609447D4     3,891,700.00     3,784,158.40     6.989333  %      3,856.80
B-1                 1,751,300.00     1,702,905.31     6.989333  %      1,735.60
B-2                   778,400.00       756,890.01     6.989333  %        771.42
B-3                 1,362,164.15     1,324,522.73     6.989333  %      1,349.95

- -------------------------------------------------------------------------------
                  389,164,664.15   345,178,931.41                  4,115,780.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       739,483.76  3,301,946.70             0.00         0.00 124,954,491.94
A-2       441,861.47  1,973,002.13             0.00         0.00  74,663,675.95
A-3             0.00          0.00       694,198.65         0.00 120,402,166.50
A-4        38,090.87     38,090.87             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,348.68     70,955.01             0.00         0.00  10,395,950.89
M-2        21,944.72     25,801.52             0.00         0.00   3,780,301.60
M-3        21,944.72     25,801.52             0.00         0.00   3,780,301.60
B-1         9,875.32     11,610.92             0.00         0.00   1,701,169.71
B-2         4,389.28      5,160.70             0.00         0.00     756,118.59
B-3         7,681.04      9,030.99             0.00         0.00   1,323,172.78

- -------------------------------------------------------------------------------
        1,345,619.86  5,461,400.36       694,198.65         0.00 341,757,349.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    763.574580  15.344089     4.428046    19.772135   0.000000    748.230491
A-2    763.574580  15.344090     4.428046    19.772136   0.000000    748.230490
A-3   1197.079679   0.000000     0.000000     0.000000   6.941987   1204.021665
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.366428   0.991033     5.638851     6.629884   0.000000    971.375395
M-2    972.366421   0.991032     5.638852     6.629884   0.000000    971.375389
M-3    972.366421   0.991032     5.638852     6.629884   0.000000    971.375389
B-1    972.366419   0.991035     5.638851     6.629886   0.000000    971.375384
B-2    972.366405   0.991033     5.638849     6.629882   0.000000    971.375373
B-3    972.366458   0.991033     5.638851     6.629884   0.000000    971.375425

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:40                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S11 (POOL # 4152)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4152 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       65,444.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,479.63

SUBSERVICER ADVANCES THIS MONTH                                       34,224.76
MASTER SERVICER ADVANCES THIS MONTH                                    2,237.19


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,757,237.58

 (B)  TWO MONTHLY PAYMENTS:                                    2     382,488.21

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     115,252.67


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        635,992.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     341,757,349.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,341

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                 292,838.93

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,069,776.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.69625720 %     5.20740800 %    1.09633520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.63963490 %     5.25418228 %    1.10618280 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            3,588,571.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,330,185.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43320318
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.87

POOL TRADING FACTOR:                                                87.81818624


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


Run:        12/27/96     13:01:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    20,615,648.22     6.500000  %  1,131,761.65
A-2   760947AB7    16,923,000.00    16,923,000.00     6.500000  %          0.00
A-3   760947AC5    28,000,000.00    17,481,946.56     6.500000  %    520,541.65
A-4   760947AD3    73,800,000.00    70,373,627.21     6.500000  %     84,157.75
A-5   760947AE1    13,209,000.00    15,612,185.00     6.500000  %          0.00
A-6   760947AF8     1,749,506.64     1,348,631.87     0.000000  %      7,224.61
A-7   760947AG6             0.00             0.00     0.045000  %          0.00
A-8   760947AH4             0.00             0.00     0.215051  %          0.00
R     760947AJ0           100.00             0.00     6.500000  %          0.00
M-1   760947AK7       909,200.00       807,365.03     6.500000  %      3,652.76
M-2   760947AL5     2,907,400.00     2,581,756.53     6.500000  %     11,680.64
B                     726,864.56       645,452.02     6.500000  %      2,920.22

- -------------------------------------------------------------------------------
                  181,709,071.20   146,389,612.44                  1,761,939.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       111,129.00  1,242,890.65             0.00         0.00  19,483,886.57
A-2        91,223.72     91,223.72             0.00         0.00  16,923,000.00
A-3        94,236.74    614,778.39             0.00         0.00  16,961,404.91
A-4       379,350.25    463,508.00             0.00         0.00  70,289,469.46
A-5             0.00          0.00        84,157.75         0.00  15,696,342.75
A-6             0.00      7,224.61             0.00         0.00   1,341,407.26
A-7         5,463.11      5,463.11             0.00         0.00           0.00
A-8        26,107.71     26,107.71             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         4,352.12      8,004.88             0.00         0.00     803,712.27
M-2        13,917.00     25,597.64             0.00         0.00   2,570,075.89
B           3,479.32      6,399.54             0.00         0.00     642,531.80

- -------------------------------------------------------------------------------
          729,258.97  2,491,198.25        84,157.75         0.00 144,711,830.91
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    474.097328  26.027082     2.555630    28.582712   0.000000    448.070246
A-2   1000.000000   0.000000     5.390517     5.390517   0.000000   1000.000000
A-3    624.355234  18.590773     3.365598    21.956371   0.000000    605.764461
A-4    953.572184   1.140349     5.140247     6.280596   0.000000    952.431836
A-5   1181.935423   0.000000     0.000000     0.000000   6.371243   1188.306666
A-6    770.864105   4.129513     0.000000     4.129513   0.000000    766.734592
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    887.994974   4.017554     4.786758     8.804312   0.000000    883.977420
M-2    887.994954   4.017555     4.786751     8.804306   0.000000    883.977399
B      887.994897   4.017557     4.786751     8.804308   0.000000    883.977340

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:41                                        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                       27,475.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,102.63

SUBSERVICER ADVANCES THIS MONTH                                       13,286.48
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     892,895.82

 (B)  TWO MONTHLY PAYMENTS:                                    2     461,269.22

 (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                                                     144,711,830.91

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          617

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,015,125.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.21832160 %     2.33666500 %    0.44501360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.19864120 %     2.33138378 %    0.44816200 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2147 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,569,156.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     896,783.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.00581167
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.14

POOL TRADING FACTOR:                                                79.63929921


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


Run:        12/27/96     13:01:42                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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   141,284,625.26     7.000000  %  3,570,385.94
A-2   760947AS0    49,338,300.00    49,338,300.00     7.000000  %          0.00
A-3   760947AT8    12,500,000.00     9,360,564.51     7.000000  %    175,324.28
A-4   760947BA8   100,000,000.00   119,059,223.18     7.000000  %          0.00
A-5   760947AU5     2,381,928.79     2,169,318.66     0.000000  %      2,558.62
A-6   760947AV3             0.00             0.00     0.361818  %          0.00
R     760947AW1           100.00             0.00     7.000000  %          0.00
M-1   760947AX9    11,822,000.00    11,500,458.82     7.000000  %     11,181.39
M-2   760947AY7     3,940,650.00     3,833,470.03     7.000000  %      3,727.11
M-3   760947AZ4     3,940,700.00     3,833,518.68     7.000000  %      3,727.16
B-1                 2,364,500.00     2,300,189.02     7.000000  %      2,236.37
B-2                   788,200.00       766,762.12     7.000000  %        745.49
B-3                 1,773,245.53     1,702,110.71     7.000000  %      1,654.88

- -------------------------------------------------------------------------------
                  394,067,185.32   345,148,540.99                  3,771,541.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       824,015.11  4,394,401.05             0.00         0.00 137,714,239.32
A-2       287,756.04    287,756.04             0.00         0.00  49,338,300.00
A-3        54,593.67    229,917.95             0.00         0.00   9,185,240.23
A-4             0.00          0.00       694,389.78         0.00 119,753,612.96
A-5             0.00      2,558.62             0.00         0.00   2,166,760.04
A-6       104,049.02    104,049.02             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        67,074.19     78,255.58             0.00         0.00  11,489,277.43
M-2        22,357.97     26,085.08             0.00         0.00   3,829,742.92
M-3        22,358.25     26,085.41             0.00         0.00   3,829,791.52
B-1        13,415.41     15,651.78             0.00         0.00   2,297,952.65
B-2         4,471.99      5,217.48             0.00         0.00     766,016.63
B-3         9,927.23     11,582.11             0.00         0.00   1,700,455.83

- -------------------------------------------------------------------------------
        1,410,018.88  5,181,560.12       694,389.78         0.00 342,071,389.53
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    688.462647  17.398053     4.015325    21.413378   0.000000    671.064594
A-2   1000.000000   0.000000     5.832306     5.832306   0.000000   1000.000000
A-3    748.845161  14.025942     4.367494    18.393436   0.000000    734.819218
A-4   1190.592232   0.000000     0.000000     0.000000   6.943898   1197.536130
A-5    910.740350   1.074180     0.000000     1.074180   0.000000    909.666170
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    972.801457   0.945812     5.673675     6.619487   0.000000    971.855645
M-2    972.801449   0.945811     5.673676     6.619487   0.000000    971.855638
M-3    972.801452   0.945812     5.673675     6.619487   0.000000    971.855640
B-1    972.801446   0.945811     5.673677     6.619488   0.000000    971.855635
B-2    972.801472   0.945813     5.673674     6.619487   0.000000    971.855659
B-3    959.884393   0.933255     5.598339     6.531594   0.000000    958.951144

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:43                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S13 (POOL # 4154)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4154 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       59,431.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,003.52

SUBSERVICER ADVANCES THIS MONTH                                       74,578.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   5,417,139.33

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,897,543.14

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     204,153.66


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,866,844.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     342,071,389.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,281

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,741,353.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.02100310 %     5.58851600 %    1.39048130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.96472160 %     5.59789929 %    1.40169470 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3593 %

      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                          7.60227484
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.77

POOL TRADING FACTOR:                                                86.80534748


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


Run:        12/27/96     13:01:43                                    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-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   120,040,527.39     6.500000  %    627,801.70
A-2   760947BC4     1,321,915.43     1,104,002.70     0.000000  %      5,732.79
A-3   760947BD2             0.00             0.00     0.305562  %          0.00
R     760947BE0           100.00             0.00     6.500000  %          0.00
M-1   760947BF7     1,168,000.00     1,040,141.56     6.500000  %      4,811.55
M-2   760947BG5     2,491,000.00     2,218,315.56     6.500000  %     10,261.62
B                     622,704.85       554,538.66     6.500000  %      2,565.20

- -------------------------------------------------------------------------------
                  155,671,720.28   124,957,525.87                    651,172.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       649,839.68  1,277,641.38             0.00         0.00 119,412,725.69
A-2             0.00      5,732.79             0.00         0.00   1,098,269.91
A-3        31,799.97     31,799.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         5,630.81     10,442.36             0.00         0.00   1,035,330.01
M-2        12,008.86     22,270.48             0.00         0.00   2,208,053.94
B           3,001.99      5,567.19             0.00         0.00     551,973.46

- -------------------------------------------------------------------------------
          702,281.31  1,353,454.17             0.00         0.00 124,306,353.01
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    799.907558   4.183448     4.330301     8.513749   0.000000    795.724110
A-2    835.153804   4.336730     0.000000     4.336730   0.000000    830.817074
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    890.532158   4.119478     4.820899     8.940377   0.000000    886.412680
M-2    890.532140   4.119478     4.820899     8.940377   0.000000    886.412662
B      890.532104   4.119432     4.820904     8.940336   0.000000    886.412656

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:44                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S14 (POOL # 4155)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4155 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,035.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,232.50

SUBSERVICER ADVANCES THIS MONTH                                       11,776.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,211,340.61

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,306,353.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          534

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       73,013.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.92136670 %     2.63089600 %    0.44773750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.91955490 %     2.60918599 %    0.44800100 %
CLASS A-3  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3056 %

      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                          7.04467028
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              141.94

POOL TRADING FACTOR:                                                79.85159590


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


Run:        12/27/96     13:01:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    14,484,414.79     7.750000  %    489,649.30
A-2   760947BS9    40,324,000.00    29,428,369.33     7.750000  %          0.00
A-3   760947BT7     6,500,000.00     6,500,000.00     7.750000  %          0.00
A-4   760947BU4     5,000,000.00     2,906,216.49     7.750000  %          0.00
A-5   760947BV2    15,371,000.00    15,371,000.00     7.750000  %          0.00
A-6   760947BW0    19,487,000.00    13,611,038.31     7.750000  %          0.00
A-7   760947BX8    21,500,000.00    25,744,551.30     7.750000  %          0.00
A-8   760947BY6    15,537,000.00     8,825,465.35     7.750000  %    298,347.09
A-9   760947BZ3     2,074,847.12     1,929,549.49     0.000000  %      4,734.21
A-10  760947CE9             0.00             0.00     0.324258  %          0.00
R     760947CA7       355,000.00        38,950.78     7.750000  %        207.23
M-1   760947CB5     4,463,000.00     4,356,449.17     7.750000  %      3,867.03
M-2   760947CC3     2,028,600.00     1,980,168.69     7.750000  %      1,757.71
M-3   760947CD1     1,623,000.00     1,584,252.06     7.750000  %      1,406.27
B-1                   974,000.00       950,746.47     7.750000  %        843.94
B-2                   324,600.00       316,850.41     7.750000  %        281.25
B-3                   730,456.22       713,017.14     7.750000  %        632.92

- -------------------------------------------------------------------------------
                  162,292,503.34   128,741,039.78                    801,726.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        93,519.71    583,169.01             0.00         0.00  13,994,765.49
A-2       190,006.48    190,006.48             0.00         0.00  29,428,369.33
A-3        41,967.74     41,967.74             0.00         0.00   6,500,000.00
A-4        18,764.20     18,764.20             0.00         0.00   2,906,216.49
A-5        99,244.01     99,244.01             0.00         0.00  15,371,000.00
A-6        87,880.69     87,880.69             0.00         0.00  13,611,038.31
A-7             0.00          0.00       166,221.62         0.00  25,910,772.92
A-8        56,982.28    355,329.37             0.00         0.00   8,527,118.26
A-9             0.00      4,734.21             0.00         0.00   1,924,815.28
A-10       34,778.29     34,778.29             0.00         0.00           0.00
R             251.49        458.72             0.00         0.00      38,743.55
M-1        28,127.74     31,994.77             0.00         0.00   4,352,582.14
M-2        12,785.11     14,542.82             0.00         0.00   1,978,410.98
M-3        10,228.84     11,635.11             0.00         0.00   1,582,845.79
B-1         6,138.57      6,982.51             0.00         0.00     949,902.53
B-2         2,045.77      2,327.02             0.00         0.00     316,569.16
B-3         4,603.65      5,236.57             0.00         0.00     712,384.22

- -------------------------------------------------------------------------------
          687,324.57  1,489,051.52       166,221.62         0.00 128,105,534.45
===============================================================================














































Run:        12/27/96     13:01:45
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    557.092877  18.832665     3.596912    22.429577   0.000000    538.260211
A-2    729.797870   0.000000     4.711995     4.711995   0.000000    729.797871
A-3   1000.000000   0.000000     6.456575     6.456575   0.000000   1000.000000
A-4    581.243298   0.000000     3.752840     3.752840   0.000000    581.243298
A-5   1000.000000   0.000000     6.456575     6.456575   0.000000   1000.000000
A-6    698.467610   0.000000     4.509709     4.509709   0.000000    698.467610
A-7   1197.420991   0.000000     0.000000     0.000000   7.731238   1205.152229
A-8    568.028921  19.202361     3.667521    22.869882   0.000000    548.826560
A-9    929.971886   2.281715     0.000000     2.281715   0.000000    927.690171
R      109.720507   0.583746     0.708423     1.292169   0.000000    109.136761
M-1    976.125738   0.866464     6.302429     7.168893   0.000000    975.259274
M-2    976.125747   0.866465     6.302430     7.168895   0.000000    975.259282
M-3    976.125730   0.866463     6.302428     7.168891   0.000000    975.259267
B-1    976.125739   0.866468     6.302433     7.168901   0.000000    975.259271
B-2    976.125724   0.866451     6.302434     7.168885   0.000000    975.259273
B-3    976.125770   0.866458     6.302431     7.168889   0.000000    975.259298

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:46                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S15 (POOL # 4156)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4156 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,968.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,853.34

SUBSERVICER ADVANCES THIS MONTH                                       39,179.11
MASTER SERVICER ADVANCES THIS MONTH                                    1,675.09


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   4,387,150.09

 (B)  TWO MONTHLY PAYMENTS:                                    2     511,805.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        237,937.72

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     128,105,534.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          490

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                 228,022.56

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      521,097.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.19196630 %     6.24617700 %    1.56185690 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.15989980 %     6.17759330 %    1.56827120 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3237 %

      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                          8.26009356
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.66

POOL TRADING FACTOR:                                                78.93496731


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


Run:        12/27/96     13:03:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    21,813,271.76     6.500000  %    104,676.72
A-II  760947BJ9    22,971,650.00    18,401,122.79     7.000000  %    122,789.20
A-II  760947BK6    31,478,830.00    22,593,243.69     7.500000  %    107,757.92
IO    760947BL4             0.00             0.00     0.335557  %          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       940,240.36     7.037573  %      4,015.64
M-2   760947BQ3     1,539,985.00     1,391,556.29     7.037573  %      5,943.15
B                     332,976.87       300,883.48     7.037573  %      1,285.03

- -------------------------------------------------------------------------------
                   83,242,471.87    65,440,318.37                    346,467.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I       118,034.82    222,711.54             0.00         0.00  21,708,595.04
A-II      107,230.50    230,019.70             0.00         0.00  18,278,333.59
A-III     141,063.88    248,821.80             0.00         0.00  22,485,485.77
IO         18,280.47     18,280.47             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         5,508.56      9,524.20             0.00         0.00     936,224.72
M-2         8,152.66     14,095.81             0.00         0.00   1,385,613.14
B           1,762.77      3,047.80             0.00         0.00     299,598.45

- -------------------------------------------------------------------------------
          400,033.66    746,501.32             0.00         0.00  65,093,850.71
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-I    842.917493   4.044961     4.561150     8.606111   0.000000    838.872532
A-II   801.036181   5.345249     4.667949    10.013198   0.000000    795.690932
A-II   717.728190   3.423187     4.481230     7.904417   0.000000    714.305003
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    903.616772   3.859228     5.293990     9.153218   0.000000    899.757544
M-2    903.616782   3.859228     5.293988     9.153216   0.000000    899.757554
B      903.616759   3.859227     5.293985     9.153212   0.000000    899.757532

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,763.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,828.32

SUBSERVICER ADVANCES THIS MONTH                                        9,627.85
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     934,035.06

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      65,093,850.72

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                       66,145.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.97697530 %     3.56324200 %    0.45978300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.97283570 %     3.56690812 %    0.46025610 %
CLASS IO   - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3356 %

      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                          7.62170000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.72

POOL TRADING FACTOR:                                                78.19788295


Run:     12/27/96     13:03:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,770.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,282.70

SUBSERVICER ADVANCES THIS MONTH                                        1,578.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     157,888.20

 (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                                                      22,546,574.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          107

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        5,939.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.28432020 %     3.29102600 %    0.42465380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.29189252 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04663966
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.58

POOL TRADING FACTOR:                                                84.07536560


Run:     12/27/96     13:03:25                                        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                        3,244.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,277.21

SUBSERVICER ADVANCES THIS MONTH                                        2,918.44
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     289,165.86

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,026,413.64

AGGREGATE NUMBER OF 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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       44,769.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.07743240 %     3.47425900 %    0.44830850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.48243422 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.45026334
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              146.10

POOL TRADING FACTOR:                                                79.92672137


Run:     12/27/96     13:03:25                                        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                        3,748.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,268.41

SUBSERVICER ADVANCES THIS MONTH                                        5,131.20
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     486,981.00

 (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                                                      23,520,862.86

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       15,436.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.60093510 %     3.89630700 %    0.50275780 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.89886411 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31161657
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              145.66

POOL TRADING FACTOR:                                                72.10443201


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


Run:        12/27/96     13:01:46                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    12,647,593.61     8.000000  %    270,257.91
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    34,462,593.70     8.000000  %    682,449.13
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     2,399,708.06     0.000000  %      2,705.74
A-12  760947CW9             0.00             0.00     0.333259  %          0.00
R     760947CS8           100.00             0.00     8.000000  %          0.00
M-1   760947CT6     5,660,500.00     5,551,387.76     8.000000  %      4,652.98
M-2   760947CU3     2,572,900.00     2,523,304.56     8.000000  %      2,114.95
M-3   760947CV1     2,058,400.00     2,018,722.13     8.000000  %      1,692.02
B-1                 1,029,200.00     1,009,361.03     8.000000  %        846.01
B-2                   617,500.00       605,597.02     8.000000  %        507.59
B-3                   926,311.44       773,715.04     8.000000  %        648.52

- -------------------------------------------------------------------------------
                  205,832,763.60   154,394,982.91                    965,874.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        84,299.98    354,557.89             0.00         0.00  12,377,335.70
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         6,873.59      6,873.59             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       229,703.46    912,152.59             0.00         0.00  33,780,144.57
A-8        13,997.13     13,997.13             0.00         0.00   2,100,000.00
A-9        90,421.43     90,421.43             0.00         0.00  13,566,000.00
A-10      338,177.24    338,177.24             0.00         0.00  50,737,000.00
A-11            0.00      2,705.74             0.00         0.00   2,397,002.32
A-12       42,869.14     42,869.14             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        37,001.65     41,654.63             0.00         0.00   5,546,734.78
M-2        16,818.58     18,933.53             0.00         0.00   2,521,189.61
M-3        13,455.39     15,147.41             0.00         0.00   2,017,030.11
B-1         6,727.69      7,573.70             0.00         0.00   1,008,515.02
B-2         4,036.48      4,544.07             0.00         0.00     605,089.43
B-3         5,157.04      5,805.56             0.00         0.00     773,066.52

- -------------------------------------------------------------------------------
        1,055,997.13  2,021,871.98             0.00         0.00 153,429,108.06
===============================================================================










































Run:        12/27/96     13:01:46
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    438.330686   9.366393     2.921605    12.287998   0.000000    428.964293
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     6.873590     6.873590   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    691.367458  13.690877     4.608170    18.299047   0.000000    677.676582
A-8   1000.000000   0.000000     6.665300     6.665300   0.000000   1000.000000
A-9   1000.000000   0.000000     6.665298     6.665298   0.000000   1000.000000
A-10  1000.000000   0.000000     6.665298     6.665298   0.000000   1000.000000
A-11   863.871769   0.974040     0.000000     0.974040   0.000000    862.897729
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    980.723922   0.822009     6.536817     7.358826   0.000000    979.901913
M-2    980.723915   0.822010     6.536818     7.358828   0.000000    979.901905
M-3    980.723926   0.822007     6.536820     7.358827   0.000000    979.901919
B-1    980.723892   0.822007     6.536815     7.358822   0.000000    979.901885
B-2    980.723919   0.822008     6.536810     7.358818   0.000000    979.901911
B-3    835.264476   0.700089     5.567285     6.267374   0.000000    834.564366

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:47                                        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                       28,855.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,958.08

SUBSERVICER ADVANCES THIS MONTH                                       52,802.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   4,028,306.83

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,553,605.37

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     967,705.21


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        282,324.63

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     153,429,108.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          628

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      836,069.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.78784500 %     6.64061100 %    1.57154430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.74240110 %     6.57303860 %    1.58024080 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3325 %

      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                          8.48142857
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.44

POOL TRADING FACTOR:                                                74.54066368


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


Run:        12/27/96     13:01:48                                    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-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     9,217,932.52     8.000000  %     99,173.47
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     1,307,123.06     0.000000  %      1,517.58
A-8   760947DD0             0.00             0.00     0.381620  %          0.00
R     760947DE8       160,000.00        18,353.28     8.000000  %         19.77
M-1   760947DF5     4,067,400.00     3,993,547.48     8.000000  %      3,343.65
M-2   760947DG3     1,355,800.00     1,331,182.48     8.000000  %      1,114.55
M-3   760947DH1     1,694,700.00     1,663,929.03     8.000000  %      1,393.15
B-1                   611,000.00       599,905.98     8.000000  %        502.28
B-2                   474,500.00       465,884.42     8.000000  %        390.07
B-3                   610,170.76       527,718.72     8.000000  %        441.84

- -------------------------------------------------------------------------------
                  135,580,848.50   101,951,576.97                    107,896.36
===============================================================================
_______________________________________________________________________________
                                                                      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        61,439.40    160,612.87             0.00         0.00   9,118,759.05
A-3        57,020.82     57,020.82             0.00         0.00   8,555,000.00
A-4       325,068.67    325,068.67             0.00         0.00  48,771,000.00
A-5       103,310.66    103,310.66             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      1,517.58             0.00         0.00   1,305,605.48
A-8        32,415.19     32,415.19             0.00         0.00           0.00
R             122.33        142.10             0.00         0.00      18,333.51
M-1        26,617.81     29,961.46             0.00         0.00   3,990,203.83
M-2         8,872.60      9,987.15             0.00         0.00   1,330,067.93
M-3        11,090.43     12,483.58             0.00         0.00   1,662,535.88
B-1         3,998.49      4,500.77             0.00         0.00     599,403.70
B-2         3,105.22      3,495.29             0.00         0.00     465,494.35
B-3         3,517.35      3,959.19             0.00         0.00     527,276.88

- -------------------------------------------------------------------------------
          703,245.64    811,142.00             0.00         0.00 101,843,680.61
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    429.600248   4.621963     2.863373     7.485336   0.000000    424.978285
A-3   1000.000000   0.000000     6.665204     6.665204   0.000000   1000.000000
A-4   1000.000000   0.000000     6.665204     6.665204   0.000000   1000.000000
A-5   1000.000000   0.000000     6.665204     6.665204   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    958.106272   1.112369     0.000000     1.112369   0.000000    956.993904
R      114.708000   0.123563     0.764563     0.888126   0.000000    114.584438
M-1    981.842819   0.822061     6.544183     7.366244   0.000000    981.020758
M-2    981.842809   0.822061     6.544181     7.366242   0.000000    981.020748
M-3    981.842822   0.822063     6.544185     7.366248   0.000000    981.020759
B-1    981.842848   0.822062     6.544173     7.366235   0.000000    981.020786
B-2    981.842824   0.822065     6.544194     7.366259   0.000000    981.020759
B-3    864.870549   0.724125     5.764534     6.488659   0.000000    864.146424

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S18 (POOL # 4161)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4161 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,840.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,323.99

SUBSERVICER ADVANCES THIS MONTH                                       26,113.22
MASTER SERVICER ADVANCES THIS MONTH                                      543.54


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,828,991.84

 (B)  TWO MONTHLY PAYMENTS:                                    2     324,595.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        137,940.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     101,843,680.61

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          399

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                  63,595.72

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       22,375.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.47278590 %     6.94390900 %    1.58330540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.47091030 %     6.85639757 %    1.58365370 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3817 %

      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                          8.57365304
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.43

POOL TRADING FACTOR:                                                75.11656826


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


Run:        12/27/96     13:01:50                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    43,670,632.25     7.758609  %    784,660.07
R     760947DP3           100.00             0.00     7.758609  %          0.00
M-1   760947DL2    12,120,000.00     7,025,409.96     7.758609  %    126,230.34
M-2   760947DM0     3,327,400.00     3,256,154.57     7.758609  %      2,558.57
M-3   760947DN8     2,139,000.00     2,093,200.28     7.758609  %      1,644.76
B-1                   951,000.00       930,637.44     7.758609  %        731.26
B-2                   142,700.00       139,644.56     7.758609  %        109.73
B-3                    95,100.00        93,063.73     7.758609  %         73.13
B-4                   950,747.29       685,661.44     7.758609  %        538.77

- -------------------------------------------------------------------------------
                   95,065,047.29    57,894,404.23                    916,546.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         282,322.25  1,066,982.32             0.00         0.00  42,885,972.18
R               0.00          0.00             0.00         0.00           0.00
M-1        45,417.92    171,648.26             0.00         0.00   6,899,179.62
M-2        21,050.41     23,608.98             0.00         0.00   3,253,596.00
M-3        13,532.14     15,176.90             0.00         0.00   2,091,555.52
B-1         6,016.39      6,747.65             0.00         0.00     929,906.18
B-2           902.77      1,012.50             0.00         0.00     139,534.83
B-3           601.63        674.76             0.00         0.00      92,990.60
B-4         4,432.67      4,971.44             0.00         0.00     552,149.05

- -------------------------------------------------------------------------------
          374,276.18  1,290,822.81             0.00         0.00  56,844,883.98
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      579.655056  10.415058     3.747359    14.162417   0.000000    569.239998
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    579.654287  10.415045     3.747353    14.162398   0.000000    569.239243
M-2    978.588258   0.768940     6.326384     7.095324   0.000000    977.819318
M-3    978.588256   0.768939     6.326386     7.095325   0.000000    977.819317
B-1    978.588265   0.768938     6.326383     7.095321   0.000000    977.819327
B-2    978.588367   0.768956     6.326349     7.095305   0.000000    977.819411
B-3    978.588118   0.768980     6.326288     7.095268   0.000000    977.819138
B-4    721.181588   0.566681     4.662301     5.228982   0.000000    580.752694

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S19 (POOL # 4162)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4162 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,615.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,039.42

SUBSERVICER ADVANCES THIS MONTH                                       47,151.31
MASTER SERVICER ADVANCES THIS MONTH                                    4,167.93


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   2,957,575.40

 (B)  TWO MONTHLY PAYMENTS:                                    4     804,089.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     818,199.59


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      1,935,794.19

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      56,844,883.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          350

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       4

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 560,913.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      600,312.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         75.43152540 %    21.37471700 %    3.19375800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.44385560 %    21.53989996 %    3.01624450 %

      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                          8.27657684
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.99

POOL TRADING FACTOR:                                                59.79577731


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


Run:        12/27/96     13:01:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    50,885,364.21     7.919208  %  1,236,102.04
M-1   760947DR9     2,949,000.00     2,825,552.54     7.919208  %      2,301.60
M-2   760947DS7     1,876,700.00     1,798,139.89     7.919208  %      1,464.71
R     760947DT5           100.00             0.00     7.919208  %          0.00
B-1                 1,072,500.00     1,027,604.33     7.919208  %        837.05
B-2                   375,400.00       359,685.45     7.919208  %        292.99
B-3                   965,295.81       836,325.06     7.919208  %        681.24

- -------------------------------------------------------------------------------
                  107,242,895.81    57,732,671.48                  1,241,679.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         335,708.38  1,571,810.42             0.00         0.00  49,649,262.17
M-1        18,641.15     20,942.75             0.00         0.00   2,823,250.94
M-2        11,862.96     13,327.67             0.00         0.00   1,796,675.18
R               0.00          0.00             0.00         0.00           0.00
B-1         6,779.46      7,616.51             0.00         0.00   1,026,767.28
B-2         2,372.97      2,665.96             0.00         0.00     359,392.46
B-3         5,517.52      6,198.76             0.00         0.00     834,643.82

- -------------------------------------------------------------------------------
          380,882.44  1,622,562.07             0.00         0.00  56,489,991.85
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      508.833798  12.360538     3.356953    15.717491   0.000000    496.473259
M-1    958.139213   0.780468     6.321177     7.101645   0.000000    957.358745
M-2    958.139228   0.780471     6.321181     7.101652   0.000000    957.358757
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    958.139235   0.780466     6.321175     7.101641   0.000000    957.358769
B-2    958.139185   0.780474     6.321177     7.101651   0.000000    957.358711
B-3    866.392510   0.705732     5.715885     6.421617   0.000000    864.650827

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:51                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S20 (POOL # 4163)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4163 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,379.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,015.69

SUBSERVICER ADVANCES THIS MONTH                                       13,506.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,044,064.89

 (B)  TWO MONTHLY PAYMENTS:                                    2     600,706.69

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     149,477.93


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      56,489,991.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          244

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,195,652.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.13963200 %     8.00879700 %    3.85157100 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.89036880 %     8.17830906 %    3.93132210 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              826,260.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,970,148.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.27902669
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.12

POOL TRADING FACTOR:                                                52.67481023


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


Run:        12/27/96     13:01:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    26,592,634.86     7.850000  %    295,439.94
A-2   760947EC1     6,468,543.00     4,432,105.90     9.250000  %     49,239.99
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    15,726,527.25     0.000000  %        915.76
A-8   760947EH0             0.00             0.00     0.479266  %          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     3,065,529.32     8.500000  %      2,046.27
M-2   760947EN7     1,860,998.00     1,839,317.78     8.500000  %      1,227.76
M-3   760947EP2     1,550,831.00     1,532,764.18     8.500000  %      1,023.14
B-1   760947EQ0       558,299.00       551,794.95     8.500000  %        368.33
B-2   760947ER8       248,133.00       245,242.30     8.500000  %        163.70
B-3                   124,066.00       122,620.67     8.500000  %         81.85
B-4                   620,337.16       613,110.39     8.500000  %        409.26

- -------------------------------------------------------------------------------
                  124,066,559.16    63,453,647.60                    350,916.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       173,923.02    469,362.96             0.00         0.00  26,297,194.92
A-2        34,156.86     83,396.85             0.00         0.00   4,382,865.91
A-3        60,019.69     60,019.69             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       125,148.22    126,063.98             0.00         0.00  15,725,611.49
A-8        19,002.91     19,002.91             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        21,709.54     23,755.81             0.00         0.00   3,063,483.05
M-2        13,025.72     14,253.48             0.00         0.00   1,838,090.02
M-3        10,854.76     11,877.90             0.00         0.00   1,531,741.04
B-1         3,907.72      4,276.05             0.00         0.00     551,426.62
B-2         1,736.76      1,900.46             0.00         0.00     245,078.60
B-3           868.37        950.22             0.00         0.00     122,538.82
B-4         4,341.94      4,751.20             0.00         0.00     612,701.13

- -------------------------------------------------------------------------------
          468,695.51    819,611.51             0.00         0.00  63,102,731.60
===============================================================================















































Run:        12/27/96     13:01:52
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    685.178397   7.612223     4.481252    12.093475   0.000000    677.566174
A-2    685.178393   7.612223     5.280457    12.892680   0.000000    677.566171
A-3   1000.000000   0.000000     6.873533     6.873533   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    343.778257   0.020018     2.735711     2.755729   0.000000    343.758239
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    988.350224   0.659733     6.999323     7.659056   0.000000    987.690491
M-2    988.350219   0.659732     6.999320     7.659052   0.000000    987.690487
M-3    988.350233   0.659737     6.999318     7.659055   0.000000    987.690496
B-1    988.350239   0.659736     6.999332     7.659068   0.000000    987.690503
B-2    988.350199   0.659727     6.999311     7.659038   0.000000    987.690472
B-3    988.350314   0.659729     6.999258     7.658987   0.000000    987.690584
B-4    988.350255   0.659722     6.999323     7.659045   0.000000    987.690517

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S1 (POOL # 4164)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4164 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,086.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,478.20

SUBSERVICER ADVANCES THIS MONTH                                       20,198.92
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     710,460.02

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,084,681.19

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     281,176.01


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        427,215.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,102,731.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          243

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      308,353.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.26880560 %    10.28288300 %    2.44831140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.20577640 %    10.19498514 %    2.46043240 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4786 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,795.00
      FRAUD AMOUNT AVAILABLE                              787,930.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,932,805.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.17493267
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.97

POOL TRADING FACTOR:                                                50.86199861


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


Run:        12/27/96     13:01:54                                    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-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   160,992,456.65     8.120015  %  9,254,612.32
R     760947EA5           100.00             0.00     8.120015  %          0.00
B-1                 4,660,688.00     4,561,968.43     8.120015  %      3,210.02
B-2                 2,330,345.00     2,280,985.21     8.120015  %      1,605.01
B-3                 2,330,343.10     2,246,020.85     8.120015  %      1,580.41

- -------------------------------------------------------------------------------
                  310,712,520.10   170,081,431.14                  9,261,007.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A       1,078,280.22 10,332,892.54             0.00         0.00 151,737,844.33
R               0.00          0.00             0.00         0.00           0.00
B-1        30,554.73     33,764.75             0.00         0.00   4,558,758.41
B-2        15,277.36     16,882.37             0.00         0.00   2,279,380.20
B-3        15,043.19     16,623.60             0.00         0.00   2,161,059.98

- -------------------------------------------------------------------------------
        1,139,155.50 10,400,163.26             0.00         0.00 160,737,042.92
===============================================================================












Run:        12/27/96     13:01:54
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      534.164700  30.706328     3.577678    34.284006   0.000000    503.458372
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    978.818670   0.688744     6.555841     7.244585   0.000000    978.129926
B-2    978.818677   0.688744     6.555836     7.244580   0.000000    978.129934
B-3    963.815521   0.678188     6.455354     7.133542   0.000000    927.356997

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:54                                        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                       41,066.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       76,051.35
MASTER SERVICER ADVANCES THIS MONTH                                   12,184.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   5,326,798.37

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,331,281.82

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5   1,172,270.07


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,286,012.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     160,737,042.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          674

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       6

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,652,241.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    8,925,839.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.65610420 %     5.34389580 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.40129140 %     5.59870860 %

      BANKRUPTCY AMOUNT AVAILABLE                         126,700.00
      FRAUD AMOUNT AVAILABLE                            4,421,502.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,210,751.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.64322774
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              331.96

POOL TRADING FACTOR:                                                51.73175605


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


Run:        12/27/96     13:01:55                                    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-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    22,768,401.17     7.650000  %    950,203.27
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    16,694,769.64     0.000000  %      9,282.79
A-8   760947FL0             0.00             0.00     8.500000  %          0.00
A-9   760947FM8             0.00             0.00     0.455223  %          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     4,672,028.07     8.500000  %      3,171.35
M-2   760947FT3     2,834,750.00     2,803,217.62     8.500000  %      1,902.81
M-3   760947FU0     2,362,291.00     2,336,014.00     8.500000  %      1,585.68
B-1   760947FV8       944,916.00       934,405.22     8.500000  %        634.27
B-2   760947FW6       566,950.00       560,643.53     8.500000  %        380.56
B-3                   377,967.00       373,762.67     8.500000  %        253.71
B-4                   944,921.62       934,410.73     8.500000  %        634.28

- -------------------------------------------------------------------------------
                  188,983,349.15   101,740,652.65                    968,048.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       145,123.29  1,095,326.56             0.00         0.00  21,818,197.90
A-2       265,894.45    265,894.45             0.00         0.00  40,142,000.00
A-3        64,255.56     64,255.56             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       128,774.72    138,057.51             0.00         0.00  16,685,486.85
A-8        28,682.62     28,682.62             0.00         0.00           0.00
A-9        33,186.41     33,186.41             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        33,087.77     36,259.12             0.00         0.00   4,668,856.72
M-2        19,852.66     21,755.47             0.00         0.00   2,801,314.81
M-3        16,543.89     18,129.57             0.00         0.00   2,334,428.32
B-1         6,617.55      7,251.82             0.00         0.00     933,770.95
B-2         3,970.54      4,351.10             0.00         0.00     560,262.97
B-3         2,647.03      2,900.74             0.00         0.00     373,508.96
B-4         6,617.59      7,251.87             0.00         0.00     933,776.45

- -------------------------------------------------------------------------------
          755,254.08  1,723,302.80             0.00         0.00 100,772,603.93
===============================================================================













































Run:        12/27/96     13:01:55
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    654.192967  27.301710     4.169754    31.471464   0.000000    626.891256
A-2   1000.000000   0.000000     6.623847     6.623847   0.000000   1000.000000
A-3   1000.000000   0.000000     6.748825     6.748825   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    259.297622   0.144177     2.000086     2.144263   0.000000    259.153444
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    988.876491   0.671245     7.003322     7.674567   0.000000    988.205247
M-2    988.876486   0.671244     7.003320     7.674564   0.000000    988.205242
M-3    988.876476   0.671247     7.003324     7.674571   0.000000    988.205230
B-1    988.876493   0.671245     7.003321     7.674566   0.000000    988.205248
B-2    988.876497   0.671241     7.003334     7.674575   0.000000    988.205256
B-3    988.876463   0.671249     7.003336     7.674585   0.000000    988.205214
B-4    988.876442   0.671209     7.003322     7.674531   0.000000    988.205191

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:56                                        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                       21,283.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,742.12

SUBSERVICER ADVANCES THIS MONTH                                       32,923.36
MASTER SERVICER ADVANCES THIS MONTH                                    2,988.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   2,579,044.30

 (B)  TWO MONTHLY PAYMENTS:                                    3     987,324.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     207,330.51


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        216,238.97

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,772,603.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          391

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                 353,893.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      898,899.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.53434350 %     9.69550700 %    2.77014980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.42365000 %     9.72942989 %    2.79474840 %
CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4563 %

      BANKRUPTCY AMOUNT AVAILABLE                         134,050.00
      FRAUD AMOUNT AVAILABLE                            1,168,540.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,315,932.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.21130858
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.58

POOL TRADING FACTOR:                                                53.32353585


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


Run:        12/27/96     13:01:57                                    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    16,117,250.52     8.000000  %    741,259.44
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       938,181.83     0.000000  %      4,870.77
A-6   760947EZ0             0.00             0.00     0.378802  %          0.00
R     760947FA4           100.00             0.00     8.000000  %          0.00
M-1   760947FB2     1,575,400.00     1,480,905.61     8.000000  %      5,514.83
M-2   760947FC0       525,100.00       493,603.88     8.000000  %      1,838.16
M-3   760947FD8       525,100.00       493,603.88     8.000000  %      1,838.16
B-1                   630,100.00       592,305.85     8.000000  %      2,205.72
B-2                   315,000.00       296,105.92     8.000000  %      1,102.69
B-3                   367,575.59       345,527.94     8.000000  %      1,286.73

- -------------------------------------------------------------------------------
                  105,020,175.63    66,427,800.43                    759,916.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       107,385.56    848,645.00             0.00         0.00  15,375,991.08
A-2       121,595.58    121,595.58             0.00         0.00  18,250,000.00
A-3        44,134.20     44,134.20             0.00         0.00   6,624,000.00
A-4       138,561.09    138,561.09             0.00         0.00  20,796,315.00
A-5             0.00      4,870.77             0.00         0.00     933,311.06
A-6        20,956.89     20,956.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,866.93     15,381.76             0.00         0.00   1,475,390.78
M-2         3,288.77      5,126.93             0.00         0.00     491,765.72
M-3         3,288.77      5,126.93             0.00         0.00     491,765.72
B-1         3,946.40      6,152.12             0.00         0.00     590,100.13
B-2         1,972.89      3,075.58             0.00         0.00     295,003.23
B-3         2,302.17      3,588.90             0.00         0.00     344,241.21

- -------------------------------------------------------------------------------
          457,299.25  1,217,215.75             0.00         0.00  65,667,883.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    296.490996  13.636119     1.975452    15.611571   0.000000    282.854876
A-2   1000.000000   0.000000     6.662772     6.662772   0.000000   1000.000000
A-3   1000.000000   0.000000     6.662772     6.662772   0.000000   1000.000000
A-4   1000.000000   0.000000     6.662771     6.662771   0.000000   1000.000000
A-5    892.244582   4.632277     0.000000     4.632277   0.000000    887.612305
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    940.018795   3.500590     6.263127     9.763717   0.000000    936.518205
M-2    940.018815   3.500590     6.263131     9.763721   0.000000    936.518225
M-3    940.018815   3.500590     6.263131     9.763721   0.000000    936.518225
B-1    940.018807   3.500587     6.263133     9.763720   0.000000    936.518219
B-2    940.018794   3.500603     6.263143     9.763746   0.000000    936.518191
B-3    940.018732   3.500532     6.263120     9.763652   0.000000    936.518146

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S4 (POOL # 4168)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4168 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,184.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,461.37

SUBSERVICER ADVANCES THIS MONTH                                       15,180.91
MASTER SERVICER ADVANCES THIS MONTH                                    3,131.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,223,219.25

 (B)  TWO MONTHLY PAYMENTS:                                    1      78,089.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        150,717.71

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      65,667,883.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          318

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                 299,841.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      511,786.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.34711460 %     1.88417600 %    3.76870930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.30247760 %     1.87206363 %    3.79846830 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3801 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              759,921.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     525,100.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.59108456
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              150.30

POOL TRADING FACTOR:                                                62.52882700


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


Run:        12/27/96     13:01:58                                    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    52,389,717.05     7.886570  %  1,456,787.69
R     760947GA3           100.00             0.00     7.886570  %          0.00
M-1   760947GB1    16,170,335.00     8,840,765.24     7.886570  %    245,832.94
M-2   760947GC9     3,892,859.00     3,791,187.06     7.886570  %      4,327.09
M-3   760947GD7     1,796,704.00     1,749,778.48     7.886570  %      1,997.12
B-1                 1,078,022.00     1,049,866.70     7.886570  %      1,198.27
B-2                   299,451.00       291,630.08     7.886570  %        332.85
B-3                   718,681.74       541,294.31     7.886570  %        617.81

- -------------------------------------------------------------------------------
                  119,780,254.74    68,654,238.92                  1,711,093.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         343,891.01  1,800,678.70             0.00         0.00  50,932,929.36
R               0.00          0.00             0.00         0.00           0.00
M-1        58,031.61    303,864.55             0.00         0.00   8,594,932.30
M-2        24,885.71     29,212.80             0.00         0.00   3,786,859.97
M-3        11,485.71     13,482.83             0.00         0.00   1,747,781.36
B-1         6,891.42      8,089.69             0.00         0.00   1,048,668.43
B-2         1,914.28      2,247.13             0.00         0.00     291,297.23
B-3         3,553.10      4,170.91             0.00         0.00     540,676.50

- -------------------------------------------------------------------------------
          450,652.84  2,161,746.61             0.00         0.00  66,943,145.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      546.727973  15.202727     3.588774    18.791501   0.000000    531.525246
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    546.727402  15.202712     3.588770    18.791482   0.000000    531.524690
M-2    973.882450   1.111546     6.392656     7.504202   0.000000    972.770904
M-3    973.882443   1.111546     6.392656     7.504202   0.000000    972.770896
B-1    973.882444   1.111545     6.392652     7.504197   0.000000    972.770899
B-2    973.882472   1.111534     6.392632     7.504166   0.000000    972.770938
B-3    753.176656   0.859643     4.943913     5.803556   0.000000    752.317013

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:01:59                                        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                       21,064.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       389.11

SUBSERVICER ADVANCES THIS MONTH                                       22,212.86
MASTER SERVICER ADVANCES THIS MONTH                                    3,120.76


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   1,495,168.22

 (B)  TWO MONTHLY PAYMENTS:                                    3     663,913.42

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     400,118.95


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        424,082.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      66,943,145.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          671

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                 421,370.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,632,734.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.30951540 %    20.94805900 %    2.74242510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            76.08386080 %    21.10682669 %    2.80931250 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,728,442.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,261,843.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.34948002
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.85

POOL TRADING FACTOR:                                                55.88829753


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


Run:        12/27/96     13:03:27                                    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    56,348,387.03     7.928910  %  1,168,027.81
II A  760947GF2   199,529,000.00   112,829,698.51     7.310300  %  2,757,609.05
III   760947GG0   151,831,000.00   109,239,196.91     7.125959  %  2,669,788.73
R     760947GL9         1,000.00           599.03     7.928910  %         12.42
I M   760947GH8    10,069,000.00     9,741,610.94     7.928910  %     17,621.45
II M  760947GJ4    21,982,000.00    21,224,742.98     7.310300  %     40,606.93
III   760947GK1    12,966,000.00    12,392,015.81     7.125959  %     33,901.49
I B                 1,855,785.84     1,795,445.79     7.928910  %      3,247.75
II B                3,946,359.39     3,810,411.42     7.310300  %      7,290.03
III                 2,509,923.08     2,398,812.78     7.125959  %      6,562.56

- -------------------------------------------------------------------------------
                  498,755,068.31   329,780,921.20                  6,704,668.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
I A       372,157.92  1,540,185.73             0.00         0.00  55,180,359.22
II A      687,054.03  3,444,663.08             0.00         0.00 110,072,089.46
III A     648,416.56  3,318,205.29             0.00         0.00 106,569,408.18
R               3.96         16.38             0.00         0.00         586.61
I M        64,339.33     81,960.78             0.00         0.00   9,723,989.49
II M      129,243.86    169,850.79             0.00         0.00  21,184,136.05
III M      73,555.91    107,457.40             0.00         0.00  12,358,114.32
I B        11,858.18     15,105.93             0.00         0.00   1,792,198.04
II B       23,202.75     30,492.78             0.00         0.00   3,803,121.39
III B      14,238.76     20,801.32             0.00         0.00   2,392,250.22

- -------------------------------------------------------------------------------
        2,024,071.26  8,728,739.48             0.00         0.00 323,076,252.98
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
I A    599.036698  12.417241     3.956391    16.373632   0.000000    586.619457
II A   565.480198  13.820593     3.443379    17.263972   0.000000    551.659606
III    719.478874  17.583950     4.270647    21.854597   0.000000    701.894924
R      599.030000  12.420000     3.960000    16.380000   0.000000    586.610000
I M    967.485444   1.750070     6.389843     8.139913   0.000000    965.735375
II M   965.551041   1.847281     5.879531     7.726812   0.000000    963.703760
III    955.731591   2.614645     5.672984     8.287629   0.000000    953.116946
I B    967.485445   1.750070     6.389843     8.139913   0.000000    965.735376
II B   965.551042   1.847281     5.879533     7.726814   0.000000    963.703761
III    955.731592   2.614645     5.672987     8.287632   0.000000    953.116946

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:28                                        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                       68,019.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,597.06

SUBSERVICER ADVANCES THIS MONTH                                       48,743.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    75   4,786,649.24

 (B)  TWO MONTHLY PAYMENTS:                                    5     474,859.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     311,943.36


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        421,034.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     323,076,252.96

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,628

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,978,793.29

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.42510270 %    13.14762800 %    2.42726900 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.13569270 %    13.39195916 %    2.47234810 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.75445100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              265.76

POOL TRADING FACTOR:                                                64.77653532


Run:     12/27/96     13:03:28                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10023  GROUP I)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,994.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,337.43

SUBSERVICER ADVANCES THIS MONTH                                       14,133.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    26   1,369,924.04

 (B)  TWO MONTHLY PAYMENTS:                                    1      83,088.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     171,959.05


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        132,313.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      66,697,133.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          957

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,066,111.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.00525960 %    14.34994700 %    2.64479370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    14.57932148 %    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                          8.31779914
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              273.61

POOL TRADING FACTOR:                                                62.92729394


Run:     12/27/96     13:03:29                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10024  GROUP II)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,458.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,548.01

SUBSERVICER ADVANCES THIS MONTH                                       17,560.23
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   1,797,420.95

 (B)  TWO MONTHLY PAYMENTS:                                    2      34,301.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     139,984.31


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        138,163.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     135,059,346.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,381

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,541,744.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.84080000 %    15.39532600 %    2.76387440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    15.68505737 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                          90,000.00
      FRAUD AMOUNT AVAILABLE                            6,763,721.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,362,105.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.69723636
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              278.71

POOL TRADING FACTOR:                                                59.90460780


Run:     12/27/96     13:03:29                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10025  GROUP III)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,567.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,711.62

SUBSERVICER ADVANCES THIS MONTH                                       17,050.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   1,619,304.25

 (B)  TWO MONTHLY PAYMENTS:                                    2     357,469.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        150,558.14

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,319,772.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,290

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,370,937.29

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.07480000 %     9.99114200 %    1.93405810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    10.18639752 %    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                          7.50843682
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              247.03

POOL TRADING FACTOR:                                                72.51330099

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


Run:        12/27/96     13:02:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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       594,951.12     8.250000  %    129,313.97
A-2   760947HC8    10,286,000.00       595,008.97     7.750000  %    129,326.55
A-3   760947HD6    25,078,000.00     1,450,674.21     8.000000  %    315,307.33
A-4   760947HE4     1,719,000.00     1,719,000.00     8.000000  %          0.00
A-5   760947HF1    22,300,000.00    22,300,000.00     8.000000  %          0.00
A-6   760947HG9    17,800,000.00    17,800,000.00     7.100000  %          0.00
A-7   760947HH7     5,280,000.00     5,280,000.00     7.750000  %          0.00
A-8   760947HJ3     7,200,000.00     7,200,000.00     7.750000  %          0.00
A-9   760947HK0             0.00             0.00     8.000000  %          0.00
A-10  760947HL8       569,607.66       504,499.62     0.000000  %      3,316.66
R-I   760947HM6         1,000.00         1,000.00     8.000000  %          0.00
R-II  760947HN4         1,000.00         1,000.00     8.000000  %          0.00
M-1   760947HP9     1,574,800.00     1,490,409.03     8.000000  %      5,271.80
M-2   760947HQ7     1,049,900.00       993,637.57     8.000000  %      3,514.65
M-3   760947HR5       892,400.00       844,577.72     8.000000  %      2,987.40
B-1                   209,800.00       198,557.17     8.000000  %        702.33
B-2                   367,400.00       347,711.62     8.000000  %      1,229.91
B-3                   367,731.33       348,025.20     8.000000  %      1,231.01

- -------------------------------------------------------------------------------
                  104,981,638.99    61,669,052.23                    592,201.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         4,086.52    133,400.49             0.00         0.00     465,637.15
A-2         3,839.23    133,165.78             0.00         0.00     465,682.42
A-3         9,662.25    324,969.58             0.00         0.00   1,135,366.88
A-4        11,449.44     11,449.44             0.00         0.00   1,719,000.00
A-5       148,529.65    148,529.65             0.00         0.00  22,300,000.00
A-6       105,219.60    105,219.60             0.00         0.00  17,800,000.00
A-7        34,068.57     34,068.57             0.00         0.00   5,280,000.00
A-8        46,457.14     46,457.14             0.00         0.00   7,200,000.00
A-9        15,935.30     15,935.30             0.00         0.00           0.00
A-10            0.00      3,316.66             0.00         0.00     501,182.96
R-I             6.66          6.66             0.00         0.00       1,000.00
R-II            6.67          6.67             0.00         0.00       1,000.00
M-1         9,926.90     15,198.70             0.00         0.00   1,485,137.23
M-2         6,618.14     10,132.79             0.00         0.00     990,122.92
M-3         5,625.33      8,612.73             0.00         0.00     841,590.32
B-1         1,322.49      2,024.82             0.00         0.00     197,854.84
B-2         2,315.94      3,545.85             0.00         0.00     346,481.71
B-3         2,318.03      3,549.04             0.00         0.00     346,794.19

- -------------------------------------------------------------------------------
          407,387.86    999,589.47             0.00         0.00  61,076,850.62
===============================================================================













































Run:        12/27/96     13:02:00
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     57.846487  12.573065     0.397328    12.970393   0.000000     45.273423
A-2     57.846487  12.573065     0.373248    12.946313   0.000000     45.273422
A-3     57.846487  12.573065     0.385288    12.958353   0.000000     45.273422
A-4   1000.000000   0.000000     6.660524     6.660524   0.000000   1000.000000
A-5   1000.000000   0.000000     6.660522     6.660522   0.000000   1000.000000
A-6   1000.000000   0.000000     5.911213     5.911213   0.000000   1000.000000
A-7   1000.000000   0.000000     6.452381     6.452381   0.000000   1000.000000
A-8   1000.000000   0.000000     6.452381     6.452381   0.000000   1000.000000
A-10   885.696692   5.822710     0.000000     5.822710   0.000000    879.873982
R-I   1000.000000   0.000000     6.660000     6.660000   0.000000   1000.000000
R-II  1000.000000   0.000000     6.670000     6.670000   0.000000   1000.000000
M-1    946.411627   3.347600     6.303594     9.651194   0.000000    943.064027
M-2    946.411630   3.347605     6.303591     9.651196   0.000000    943.064025
M-3    946.411609   3.347602     6.303597     9.651199   0.000000    943.064007
B-1    946.411678   3.347617     6.303575     9.651192   0.000000    943.064061
B-2    946.411595   3.347605     6.303593     9.651198   0.000000    943.063990
B-3    946.411610   3.347553     6.303597     9.651150   0.000000    943.064030

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S7 (POOL # 4170)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4170 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,813.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,734.50

SPREAD                                                                21,193.29

SUBSERVICER ADVANCES THIS MONTH                                        2,647.26
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     262,115.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,076,850.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          238

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      373,761.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.09580770 %     5.44208100 %    1.46211160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.05334740 %     5.43061804 %    1.47110350 %

      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                          8.65647257
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              154.36

POOL TRADING FACTOR:                                                58.17860267


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


Run:        12/27/96     13:02:01                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     5,695,209.57     7.650000  %  1,169,771.66
A-2   760947GP0    20,646,342.00    20,646,342.00     8.000000  %          0.00
A-3   760947GQ8    10,027,461.00     5,281,474.92     8.000000  %    149,430.91
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     0.847687  %          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     2,765,023.39     8.000000  %      2,013.59
M-2   760947GY1     1,277,000.00     1,256,828.82     8.000000  %        915.27
M-3   760947GZ8     1,277,000.00     1,256,828.82     8.000000  %        915.27
B-1                   613,000.00       603,317.19     8.000000  %        439.36
B-2                   408,600.00       402,145.86     8.000000  %        292.86
B-3                   510,571.55       502,506.67     8.000000  %        365.93

- -------------------------------------------------------------------------------
                  102,156,471.55    60,148,945.24                  1,324,144.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        36,291.28  1,206,062.94             0.00         0.00   4,525,437.91
A-2       137,582.83    137,582.83             0.00         0.00  20,646,342.00
A-3        35,194.62    184,625.53             0.00         0.00   5,132,044.01
A-4       144,865.85    144,865.85             0.00         0.00  21,739,268.00
A-5         1,660.38      1,660.38             0.00         0.00           0.00
A-6        42,471.24     42,471.24             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,425.53     20,439.12             0.00         0.00   2,763,009.80
M-2         8,375.24      9,290.51             0.00         0.00   1,255,913.55
M-3         8,375.24      9,290.51             0.00         0.00   1,255,913.55
B-1         4,020.37      4,459.73             0.00         0.00     602,877.83
B-2         2,679.81      2,972.67             0.00         0.00     401,853.00
B-3         3,348.59      3,714.52             0.00         0.00     502,140.74

- -------------------------------------------------------------------------------
          443,290.98  1,767,435.83             0.00         0.00  58,824,800.39
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    132.917730  27.300733     0.846985    28.147718   0.000000    105.616997
A-2   1000.000000   0.000000     6.663787     6.663787   0.000000   1000.000000
A-3    526.701118  14.902168     3.509824    18.411992   0.000000    511.798950
A-4   1000.000000   0.000000     6.663787     6.663787   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    984.204239   0.716733     6.558529     7.275262   0.000000    983.487506
M-2    984.204244   0.716735     6.558528     7.275263   0.000000    983.487510
M-3    984.204244   0.716735     6.558528     7.275263   0.000000    983.487510
B-1    984.204225   0.716737     6.558515     7.275252   0.000000    983.487488
B-2    984.204258   0.716740     6.558517     7.275257   0.000000    983.487518
B-3    984.204212   0.716726     6.558513     7.275239   0.000000    983.487505

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:02                                        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                       13,198.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       31,751.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,245,869.21

 (B)  TWO MONTHLY PAYMENTS:                                    1     463,305.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,061,914.38

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      58,824,800.39

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,280,342.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.71692480 %     8.77601600 %    2.50705930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.47134470 %     8.96702898 %    2.56162630 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.8358 %

      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                          9.15768598
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              328.16

POOL TRADING FACTOR:                                                57.58303855


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


Run:        12/27/96     13:02:03                                    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-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    18,648,365.20     6.600000  %    443,274.24
A-2   760947HT1    23,921,333.00    20,894,909.80     7.000000  %    295,516.16
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     6,971,734.51     8.000000  %    286,091.56
A-9   760947JF9    63,512,857.35    33,742,376.09     0.000000  %    629,993.29
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     0.493941  %          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     5,431,576.12     8.000000  %      3,773.83
M-2   760947JH5     2,499,831.00     2,468,898.32     8.000000  %      1,715.38
M-3   760947JJ1     2,499,831.00     2,468,898.32     8.000000  %      1,715.38
B-1   760947JK8       799,945.00       790,046.55     8.000000  %        548.92
B-2   760947JL6       699,952.00       691,290.86     8.000000  %        480.30
B-3                   999,934.64       987,561.56     8.000000  %        686.14

- -------------------------------------------------------------------------------
                  199,986,492.99   134,605,657.33                  1,663,795.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       102,546.59    545,820.83             0.00         0.00  18,205,090.96
A-2       121,863.89    417,380.05             0.00         0.00  20,599,393.64
A-3        70,861.41     70,861.41             0.00         0.00  12,694,000.00
A-4        73,459.17     73,459.17             0.00         0.00  12,686,000.00
A-5        56,014.31     56,014.31             0.00         0.00   9,469,000.00
A-6        40,235.92     40,235.92             0.00         0.00   6,661,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        46,469.43    332,560.99             0.00         0.00   6,685,642.95
A-9       236,857.25    866,850.54             0.00         0.00  33,112,382.80
A-10            0.00          0.00             0.00         0.00           0.00
A-11       61,986.12     61,986.12             0.00         0.00           0.00
A-12       55,395.58     55,395.58             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        36,203.65     39,977.48             0.00         0.00   5,427,802.29
M-2        16,456.20     18,171.58             0.00         0.00   2,467,182.94
M-3        16,456.20     18,171.58             0.00         0.00   2,467,182.94
B-1         5,265.98      5,814.90             0.00         0.00     789,497.63
B-2         4,607.74      5,088.04             0.00         0.00     690,810.56
B-3         6,582.49      7,268.63             0.00         0.00     986,875.42

- -------------------------------------------------------------------------------
          951,261.93  2,615,057.13             0.00         0.00 132,941,862.13
===============================================================================







































Run:        12/27/96     13:02:03
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    804.224823  19.116536     4.422399    23.538935   0.000000    785.108287
A-2    873.484341  12.353666     5.094360    17.448026   0.000000    861.130675
A-3   1000.000000   0.000000     5.582276     5.582276   0.000000   1000.000000
A-4   1000.000000   0.000000     5.790570     5.790570   0.000000   1000.000000
A-5   1000.000000   0.000000     5.915547     5.915547   0.000000   1000.000000
A-6   1000.000000   0.000000     6.040522     6.040522   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    373.019503  15.307200     2.486326    17.793526   0.000000    357.712303
A-9    531.268431   9.919146     3.729280    13.648426   0.000000    521.349286
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    987.626094   0.686197     6.582927     7.269124   0.000000    986.939897
M-2    987.626092   0.686198     6.582925     7.269123   0.000000    986.939893
M-3    987.626092   0.686198     6.582925     7.269123   0.000000    986.939893
B-1    987.626087   0.686197     6.582928     7.269125   0.000000    986.939890
B-2    987.626094   0.686190     6.582937     7.269127   0.000000    986.939905
B-3    987.626111   0.686195     6.582920     7.269115   0.000000    986.939926

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S9 (POOL # 4172)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4172 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,726.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,341.92

SUBSERVICER ADVANCES THIS MONTH                                       27,936.86
MASTER SERVICER ADVANCES THIS MONTH                                    5,519.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,325,923.80

 (B)  TWO MONTHLY PAYMENTS:                                    2     396,444.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        862,771.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     132,941,862.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          452

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                 668,221.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,570,255.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.44809860 %     7.71499700 %    1.83690450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.33510780 %     7.79451108 %    1.85863360 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4922 %

      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                          8.78235579
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.73

POOL TRADING FACTOR:                                                66.47542049


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


Run:        12/27/96     13:02:06                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    45,859,605.53     6.600000  %  1,335,806.85
A-2   760947JN2     8,936,000.00     8,936,000.00     5.700000  %          0.00
A-3   760947JP7    20,970,000.00    12,520,000.00     7.500000  %          0.00
A-4   760947JQ5    38,235,000.00    35,332,566.85     7.200000  %          0.00
A-5   760947JR3     6,989,000.00             0.00     7.500000  %          0.00
A-6   760947KB6    72,376,561.40    62,474,897.61     7.500000  %          0.00
A-7   760947JS1     5,000,000.00     4,315,962.00     7.500000  %          0.00
A-8   760947JT9     8,040,000.00             0.00     7.500000  %          0.00
A-9   760947JU6       142,330.60       137,651.90     0.000000  %        395.87
A-10  760947JV4             0.00             0.00     0.614867  %          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     5,705,225.60     7.500000  %      4,337.86
M-2   760947JZ5     2,883,900.00     2,852,612.77     7.500000  %      2,168.93
M-3   760947KA8     2,883,900.00     2,852,612.77     7.500000  %      2,168.93
B-1                   922,800.00       912,788.61     7.500000  %        694.02
B-2                   807,500.00       798,739.51     7.500000  %        607.31
B-3                 1,153,493.52     1,140,979.38     7.500000  %        867.52

- -------------------------------------------------------------------------------
                  230,710,285.52   183,839,642.53                  1,347,047.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       252,163.60  1,587,970.45             0.00         0.00  44,523,798.68
A-2        42,435.19     42,435.19             0.00         0.00   8,936,000.00
A-3        78,230.07     78,230.07             0.00         0.00  12,520,000.00
A-4       211,941.41    211,941.41             0.00         0.00  35,332,566.85
A-5             0.00          0.00             0.00         0.00           0.00
A-6       443,327.50    443,327.50             0.00         0.00  62,474,897.61
A-7        30,626.48     30,626.48             0.00         0.00   4,315,962.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00        395.87             0.00         0.00     137,256.03
A-10       94,173.40     94,173.40             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
M-1        35,648.58     39,986.44             0.00         0.00   5,700,887.74
M-2        17,824.29     19,993.22             0.00         0.00   2,850,443.84
M-3        17,824.29     19,993.22             0.00         0.00   2,850,443.84
B-1         5,703.48      6,397.50             0.00         0.00     912,094.59
B-2         4,990.85      5,598.16             0.00         0.00     798,132.20
B-3         7,129.30      7,996.82             0.00         0.00   1,140,111.86

- -------------------------------------------------------------------------------
        1,242,018.44  2,589,065.73             0.00         0.00 182,492,595.24
===============================================================================













































Run:        12/27/96     13:02:06
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    824.786347  24.024525     4.535170    28.559695   0.000000    800.761822
A-2   1000.000000   0.000000     4.748790     4.748790   0.000000   1000.000000
A-3    597.043395   0.000000     3.730571     3.730571   0.000000    597.043395
A-4    924.089626   0.000000     5.543126     5.543126   0.000000    924.089626
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    863.192398   0.000000     6.125291     6.125291   0.000000    863.192398
A-7    863.192400   0.000000     6.125296     6.125296   0.000000    863.192400
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    967.127940   2.781341     0.000000     2.781341   0.000000    964.346599
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    989.151080   0.752082     6.180620     6.932702   0.000000    988.398998
M-2    989.151070   0.752082     6.180620     6.932702   0.000000    988.398988
M-3    989.151070   0.752082     6.180620     6.932702   0.000000    988.398988
B-1    989.151073   0.752081     6.180624     6.932705   0.000000    988.398992
B-2    989.151096   0.752087     6.180619     6.932706   0.000000    988.399009
B-3    989.151096   0.752081     6.180616     6.932697   0.000000    988.399016

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:07                                        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                       36,978.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,839.96

SUBSERVICER ADVANCES THIS MONTH                                       32,185.24
MASTER SERVICER ADVANCES THIS MONTH                                    4,067.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,074,892.25

 (B)  TWO MONTHLY PAYMENTS:                                    3     946,432.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     604,828.75


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        561,058.42

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     182,492,595.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          617

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                 498,111.14

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,207,244.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.23581700 %     6.21139200 %    1.55279070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.18442730 %     6.24780167 %    1.56306840 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6144 %

      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                          8.41215741
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.64

POOL TRADING FACTOR:                                                79.10032915


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


Run:        12/27/96     13:02:08                                    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-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       429,470.26     7.650000  %    202,348.42
A-2   760947KQ3   105,000,000.00    74,279,891.74     7.500000  %    571,836.47
A-3   760947KR1    47,939,000.00    33,913,368.86     7.250000  %    261,078.75
A-4   760947KS9    27,875,000.00    19,719,542.68     7.650000  %    151,808.97
A-5   760947KT7    30,655,000.00    30,655,000.00     7.650000  %          0.00
A-6   760947KU4    20,568,000.00    16,218,032.69     7.650000  %     80,972.04
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    32,513,835.57     7.500000  %     24,445.37
A-17  760947LF6     1,348,796.17     1,264,127.53     0.000000  %      1,295.17
A-18  760947LG4             0.00             0.00     0.484371  %          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    11,211,623.10     7.500000  %      8,429.40
M-2   760947LL3     5,670,200.00     5,605,861.01     7.500000  %      4,214.74
M-3   760947LM1     4,536,100.00     4,484,629.48     7.500000  %      3,371.75
B-1                 2,041,300.00     2,018,137.63     7.500000  %      1,517.33
B-2                 1,587,600.00     1,569,585.74     7.500000  %      1,180.09
B-3                 2,041,838.57     2,018,670.09     7.500000  %      1,517.72

- -------------------------------------------------------------------------------
                  453,612,334.74   384,723,776.38                  1,314,016.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1         2,737.22    205,085.64             0.00         0.00     227,121.84
A-2       464,138.59  1,035,975.06             0.00         0.00  73,708,055.27
A-3       204,844.40    465,923.15             0.00         0.00  33,652,290.11
A-4       125,682.10    277,491.07             0.00         0.00  19,567,733.71
A-5       195,379.02    195,379.02             0.00         0.00  30,655,000.00
A-6       103,365.30    184,337.34             0.00         0.00  16,137,060.65
A-7        31,250.00     31,250.00             0.00         0.00   5,000,000.00
A-8        13,384.31     13,384.31             0.00         0.00   2,100,000.00
A-9        79,531.03     79,531.03             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      624,850.93    624,850.93             0.00         0.00 100,000,000.00
A-16      203,163.00    227,608.37             0.00         0.00  32,489,390.20
A-17            0.00      1,295.17             0.00         0.00   1,262,832.36
A-18      155,253.67    155,253.67             0.00         0.00           0.00
A-19       59,360.84     59,360.84             0.00         0.00   9,500,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        70,055.93     78,485.33             0.00         0.00  11,203,193.70
M-2        35,028.27     39,243.01             0.00         0.00   5,601,646.27
M-3        28,022.24     31,393.99             0.00         0.00   4,481,257.73
B-1        12,610.35     14,127.68             0.00         0.00   2,016,620.30
B-2         9,807.57     10,987.66             0.00         0.00   1,568,405.65
B-3        12,613.68     14,131.40             0.00         0.00   2,017,152.37

- -------------------------------------------------------------------------------
        2,551,340.12  3,865,356.34             0.00         0.00 383,409,760.16
===============================================================================


























Run:        12/27/96     13:02:08
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     38.006218  17.906940     0.242232    18.149172   0.000000     20.099278
A-2    707.427540   5.446062     4.420368     9.866430   0.000000    701.981479
A-3    707.427540   5.446062     4.273022     9.719084   0.000000    701.981479
A-4    707.427540   5.446062     4.508775     9.954837   0.000000    701.981478
A-5   1000.000000   0.000000     6.373480     6.373480   0.000000   1000.000000
A-6    788.508007   3.936797     5.025540     8.962337   0.000000    784.571210
A-7   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-8   1000.000000   0.000000     6.373481     6.373481   0.000000   1000.000000
A-9   1000.000000   0.000000     6.165196     6.165196   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     6.248509     6.248509   0.000000   1000.000000
A-16   988.653133   0.743314     6.177608     6.920922   0.000000    987.909819
A-17   937.226512   0.960241     0.000000     0.960241   0.000000    936.266271
A-19  1000.000000   0.000000     6.248509     6.248509   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    988.653131   0.743314     6.177608     6.920922   0.000000    987.909817
M-2    988.653136   0.743314     6.177607     6.920921   0.000000    987.909822
M-3    988.653134   0.743315     6.177606     6.920921   0.000000    987.909819
B-1    988.653128   0.743316     6.177607     6.920923   0.000000    987.909812
B-2    988.653149   0.743317     6.177608     6.920925   0.000000    987.909833
B-3    988.653128   0.743315     6.177609     6.920924   0.000000    987.909818

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S11 (POOL # 4175)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4175 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       80,886.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,004.03

SUBSERVICER ADVANCES THIS MONTH                                       58,252.27
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   4,653,974.96

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,455,374.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,495,137.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     383,409,760.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,361

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,024,566.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.98270180 %     5.55524300 %    1.46205560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.96389060 %     5.55178817 %    1.46597500 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4840 %

      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                          8.27065163
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.49

POOL TRADING FACTOR:                                                84.52366278


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


Run:        12/27/96     13:02:10                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S12 (POOL # 4176)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4176 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947KG5    35,048,000.00    21,232,088.52     7.250000  %    959,323.66
A-2   760947KH3    23,594,900.00    23,594,900.00     7.250000  %          0.00
A-3   760947KJ9    56,568,460.00    43,241,274.00     7.250000  %    925,388.45
A-4   760947KE0       434,639.46       391,524.09     0.000000  %      1,953.97
A-5   760947KF7             0.00             0.00     0.541366  %          0.00
R     760947KK6           100.00             0.00     7.250000  %          0.00
M-1   760947KL4     1,803,000.00     1,719,309.48     7.250000  %     13,051.90
M-2   760947KM2       901,000.00       859,177.95     7.250000  %      6,522.33
M-3   760947KN0       721,000.00       687,533.06     7.250000  %      5,219.31
B-1                   360,000.00       343,289.75     7.250000  %      2,606.04
B-2                   361,000.00       344,243.32     7.250000  %      2,613.27
B-3                   360,674.91       343,933.31     7.250000  %      2,610.92

- -------------------------------------------------------------------------------
                  120,152,774.37    92,757,273.48                  1,919,289.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       128,220.65  1,087,544.31             0.00         0.00  20,272,764.86
A-2       142,489.68    142,489.68             0.00         0.00  23,594,900.00
A-3       261,134.19  1,186,522.64             0.00         0.00  42,315,885.55
A-4             0.00      1,953.97             0.00         0.00     389,570.12
A-5        41,827.92     41,827.92             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,382.91     23,434.81             0.00         0.00   1,706,257.58
M-2         5,188.58     11,710.91             0.00         0.00     852,655.62
M-3         4,152.02      9,371.33             0.00         0.00     682,313.75
B-1         2,073.13      4,679.17             0.00         0.00     340,683.71
B-2         2,078.88      4,692.15             0.00         0.00     341,630.05
B-3         2,077.01      4,687.93             0.00         0.00     341,322.39

- -------------------------------------------------------------------------------
          599,624.97  2,518,914.82             0.00         0.00  90,837,983.63
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    605.800289  27.371709     3.658430    31.030139   0.000000    578.428580
A-2   1000.000000   0.000000     6.039003     6.039003   0.000000   1000.000000
A-3    764.406067  16.358735     4.616251    20.974986   0.000000    748.047332
A-4    900.801989   4.495611     0.000000     4.495611   0.000000    896.306378
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    953.582629   7.238991     5.758686    12.997677   0.000000    946.343638
M-2    953.582630   7.238990     5.758690    12.997680   0.000000    946.343640
M-3    953.582607   7.238988     5.758696    12.997684   0.000000    946.343620
B-1    953.582639   7.239000     5.758694    12.997694   0.000000    946.343639
B-2    953.582604   7.238975     5.758670    12.997645   0.000000    946.343629
B-3    953.582577   7.238984     5.758676    12.997660   0.000000    946.343592

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:10                                        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                       18,736.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,398.87

SUBSERVICER ADVANCES THIS MONTH                                        2,799.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     286,554.84

 (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                                                      90,837,983.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          355

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,216,613.77

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      381,338.38

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.34731550 %     3.53596500 %    1.11671950 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.28475630 %     3.56814057 %    0.00000000 %
CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5414 %

      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                          8.06432803
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              159.23

POOL TRADING FACTOR:                                                75.60206920


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


Run:        12/27/96     13:02:11                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    61,232,696.04     5.957500  %    964,626.80
R                           0.00             0.00     0.000000  %          0.00
B-1                 1,156,700.00     1,102,782.89     6.937500  %        953.57
B-2                 1,257,300.00     1,198,693.64     6.937500  %      1,036.51
B-3                   604,098.39       575,939.67     6.937500  %        498.01

- -------------------------------------------------------------------------------
                  100,579,098.39    64,110,112.24                    967,114.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         302,698.77  1,267,325.57             0.00         0.00  60,268,069.24
R         114,271.28    114,271.28             0.00         0.00           0.00
B-1         6,348.28      7,301.85             0.00         0.00   1,101,829.32
B-2         6,900.40      7,936.91             0.00         0.00   1,197,657.13
B-3         3,315.45      3,813.46             0.00         0.00     575,441.66

- -------------------------------------------------------------------------------
          433,534.18  1,400,649.07             0.00         0.00  63,142,997.35
===============================================================================












Run:        12/27/96     13:02:11
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      627.634978   9.887422     3.102662    12.990084   0.000000    617.747555
B-1    953.387127   0.824388     5.488268     6.312656   0.000000    952.562739
B-2    953.387131   0.824394     5.488269     6.312663   0.000000    952.562738
B-3    953.387196   0.824386     5.488262     6.312648   0.000000    952.562810

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:12                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S13 (POOL # 4177)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4177 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,567.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,351.97

SUBSERVICER ADVANCES THIS MONTH                                       29,126.44
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,052,946.03

 (B)  TWO MONTHLY PAYMENTS:                                    3     251,596.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,571,563.41

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,142,997.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          346

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      911,679.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.51175920 %     4.48824080 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             95.44695650 %     4.55304350 %

      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                          8.67950909
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.40

POOL TRADING FACTOR:                                                62.77944261


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


Run:        12/27/96     13:02:13                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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    34,040,300.81     7.500000  %  1,055,568.97
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    72,081,249.61     7.500000  %    696,374.01
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     1,156,597.36     0.000000  %     10,517.09
R     760947MG3           100.00             0.00     7.500000  %          0.00
M-1   760947MH1    10,777,500.00    10,655,673.65     7.500000  %      8,108.62
M-2   760947MJ7     5,987,500.00     5,919,818.68     7.500000  %      4,504.79
M-3   760947MK4     4,790,000.00     4,735,854.94     7.500000  %      3,603.83
B-1                 2,395,000.00     2,367,927.48     7.500000  %      1,801.92
B-2                 1,437,000.00     1,420,756.48     7.500000  %      1,081.15
B-3                 2,155,426.27     2,128,646.75     7.500000  %      1,619.81

- -------------------------------------------------------------------------------
                  478,999,910.73   421,885,526.76                  1,783,180.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       212,685.59  1,268,254.56             0.00         0.00  32,984,731.84
A-2       355,358.00    355,358.00             0.00         0.00  56,875,000.00
A-3       146,829.24    146,829.24             0.00         0.00  23,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       450,367.44  1,146,741.45             0.00         0.00  71,384,875.60
A-6       607,385.70    607,385.70             0.00         0.00  97,212,000.00
A-7        77,644.55     77,644.55             0.00         0.00  12,427,000.00
A-8       332,288.32    332,288.32             0.00         0.00  53,182,701.00
A-9       256,672.66    256,672.66             0.00         0.00  41,080,426.00
A-10       19,378.80     19,378.80             0.00         0.00   3,101,574.00
A-11            0.00     10,517.09             0.00         0.00   1,146,080.27
R               0.00          0.00             0.00         0.00           0.00
M-1        66,577.21     74,685.83             0.00         0.00  10,647,565.03
M-2        36,987.34     41,492.13             0.00         0.00   5,915,313.89
M-3        29,589.87     33,193.70             0.00         0.00   4,732,251.11
B-1        14,794.94     16,596.86             0.00         0.00   2,366,125.56
B-2         8,876.96      9,958.11             0.00         0.00   1,419,675.33
B-3        13,299.89     14,919.70             0.00         0.00   2,127,026.94

- -------------------------------------------------------------------------------
        2,628,736.51  4,411,916.70             0.00         0.00 420,102,346.57
===============================================================================













































Run:        12/27/96     13:02:13
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    498.744371  15.465759     3.116181    18.581940   0.000000    483.278612
A-2   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-3   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    961.083328   9.284987     6.004899    15.289886   0.000000    951.798341
A-6   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-7   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-10  1000.000000   0.000000     6.248053     6.248053   0.000000   1000.000000
A-11   983.932497   8.947026     0.000000     8.947026   0.000000    974.985471
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    988.696233   0.752366     6.177426     6.929792   0.000000    987.943867
M-2    988.696230   0.752366     6.177426     6.929792   0.000000    987.943865
M-3    988.696230   0.752365     6.177426     6.929791   0.000000    987.943864
B-1    988.696234   0.752367     6.177428     6.929795   0.000000    987.943866
B-2    988.696228   0.752366     6.177425     6.929791   0.000000    987.943862
B-3    987.575766   0.751503     6.170422     6.921925   0.000000    986.824263

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:13                                        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                       86,374.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,199.88

SPREAD                                                               152,707.63

SUBSERVICER ADVANCES THIS MONTH                                       71,473.23
MASTER SERVICER ADVANCES THIS MONTH                                    1,789.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   6,405,206.40

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,087,756.25

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     336,754.22


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,585,567.22

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     420,102,346.57

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,451

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 215,346.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,462,052.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.52821350 %     1.40644700 %    5.06533920 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.50577610 %     1.40747317 %    5.08290050 %

      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                          8.21114989
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.03

POOL TRADING FACTOR:                                                87.70405530


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


Run:        12/27/96     13:02:17                                    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    73,417,324.85     7.000000  %  1,506,645.21
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     1,150,895.18     0.000000  %      5,024.55
R     760947MU2           100.00             0.00     7.000000  %          0.00
M-1   760947MR9     2,277,000.00     2,180,470.64     7.000000  %      7,957.17
M-2   760947MS7       911,000.00       872,379.78     7.000000  %      3,183.57
M-3   760947MT5     1,367,000.00     1,309,048.47     7.000000  %      4,777.10
B-1                   455,000.00       435,711.08     7.000000  %      1,590.04
B-2                   455,000.00       435,711.08     7.000000  %      1,590.04
B-3                   455,670.95       436,353.62     7.000000  %      1,592.36
SPRE                        0.00             0.00     0.512460  %          0.00

- -------------------------------------------------------------------------------
                  182,156,882.70   153,752,894.70                  1,532,360.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       427,093.59  1,933,738.80             0.00         0.00  71,910,679.64
A-2       197,789.58    197,789.58             0.00         0.00  34,000,000.00
A-3        81,442.77     81,442.77             0.00         0.00  14,000,000.00
A-4       148,429.45    148,429.45             0.00         0.00  25,515,000.00
A-5             0.00      5,024.55             0.00         0.00   1,145,870.63
R               0.00          0.00             0.00         0.00           0.00
M-1        12,684.54     20,641.71             0.00         0.00   2,172,513.47
M-2         5,074.93      8,258.50             0.00         0.00     869,196.21
M-3         7,615.18     12,392.28             0.00         0.00   1,304,271.37
B-1         2,534.68      4,124.72             0.00         0.00     434,121.04
B-2         2,534.68      4,124.72             0.00         0.00     434,121.04
B-3         2,538.42      4,130.78             0.00         0.00     434,761.26
SPRED      65,480.20     65,480.20             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          953,218.02  2,485,578.06             0.00         0.00 152,220,534.66
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    723.323398  14.843795     4.207819    19.051614   0.000000    708.479602
A-2   1000.000000   0.000000     5.817341     5.817341   0.000000   1000.000000
A-3   1000.000000   0.000000     5.817341     5.817341   0.000000   1000.000000
A-4   1000.000000   0.000000     5.817341     5.817341   0.000000   1000.000000
A-5    942.497834   4.114734     0.000000     4.114734   0.000000    938.383101
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    957.606781   3.494585     5.570725     9.065310   0.000000    954.112196
M-2    957.606784   3.494588     5.570724     9.065312   0.000000    954.112195
M-3    957.606781   3.494587     5.570724     9.065311   0.000000    954.112195
B-1    957.606769   3.494593     5.570725     9.065318   0.000000    954.112176
B-2    957.606769   3.494593     5.570725     9.065318   0.000000    954.112176
B-3    957.606843   3.494583     5.570730     9.065313   0.000000    954.112304

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:17                                        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                       30,816.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,037.91

SUBSERVICER ADVANCES THIS MONTH                                       29,768.30
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,508,746.73

 (B)  TWO MONTHLY PAYMENTS:                                    1     255,043.03

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        278,983.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     152,220,534.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                      970,728.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.28466550 %     2.85835000 %    0.85698470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.26079960 %     2.85505570 %    0.86248960 %

      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                          7.74792145
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              159.59

POOL TRADING FACTOR:                                                83.56562344


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


Run:        12/27/96     13:02:18                                    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    11,326,444.39     7.500000  %    214,838.92
A-2   760947MW8   152,100,000.00   117,384,044.83     7.500000  %  1,950,628.94
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    41,996,054.18     7.500000  %     30,984.52
A-8   760947NC1    22,189,665.00    18,145,088.69     8.500000  %    227,257.68
A-9   760947ND9    24,993,667.00    20,458,762.47     7.000000  %    254,808.37
A-10  760947NE7     9,694,332.00     7,917,208.19     7.250000  %     99,853.48
A-11  760947NF4    19,384,664.00    15,830,416.17     7.125000  %    199,706.98
A-12  760947NG2       917,418.09       888,341.78     0.000000  %        909.37
R     760947NH0           100.00             0.00     7.500000  %          0.00
M-1   760947NK3    10,149,774.00    10,047,264.13     7.500000  %      7,412.83
M-2   760947NL1     5,638,762.00     5,581,812.09     7.500000  %      4,118.24
M-3   760947NM9     4,511,009.00     4,465,449.08     7.500000  %      3,294.59
B-1   760947NN7     2,255,508.00     2,232,728.01     7.500000  %      1,647.30
B-2   760947NP2     1,353,299.00     1,339,631.05     7.500000  %        988.37
B-3   760947NQ0     2,029,958.72     2,006,467.97     7.500000  %      1,480.36
SPRE                        0.00             0.00     0.527855  %          0.00

- -------------------------------------------------------------------------------
                  451,101,028.81   397,928,055.03                  2,997,929.95
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        70,776.30    285,615.22             0.00         0.00  11,111,605.47
A-2       733,505.40  2,684,134.34             0.00         0.00 115,433,415.89
A-3        59,877.18     59,877.18             0.00         0.00   9,582,241.00
A-4       215,258.45    215,258.45             0.00         0.00  34,448,155.00
A-5       311,955.54    311,955.54             0.00         0.00  49,922,745.00
A-6       277,165.27    277,165.27             0.00         0.00  44,355,201.00
A-7       262,423.51    293,408.03             0.00         0.00  41,965,069.66
A-8       128,502.33    355,760.01             0.00         0.00  17,917,831.01
A-9       119,319.21    374,127.58             0.00         0.00  20,203,954.10
A-10       47,823.68    147,677.16             0.00         0.00   7,817,354.71
A-11       93,974.54    293,681.52             0.00         0.00  15,630,709.19
A-12            0.00        909.37             0.00         0.00     887,432.41
R               0.00          0.00             0.00         0.00           0.00
M-1        62,783.00     70,195.83             0.00         0.00  10,039,851.30
M-2        34,879.44     38,997.68             0.00         0.00   5,577,693.85
M-3        27,903.55     31,198.14             0.00         0.00   4,462,154.49
B-1        13,951.79     15,599.09             0.00         0.00   2,231,080.71
B-2         8,371.04      9,359.41             0.00         0.00   1,338,642.68
B-3        12,537.94     14,018.30             0.00         0.00   2,004,987.61
SPRED     175,005.63    175,005.63             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,656,013.80  5,653,943.75             0.00         0.00 394,930,125.08
===============================================================================









































Run:        12/27/96     13:02:18
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    747.620092  14.180787     4.671703    18.852490   0.000000    733.439305
A-2    771.755719  12.824648     4.822521    17.647169   0.000000    758.931071
A-3   1000.000000   0.000000     6.248766     6.248766   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248766     6.248766   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248766     6.248766   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248766     6.248766   0.000000   1000.000000
A-7    989.900281   0.730344     6.185655     6.915999   0.000000    989.169937
A-8    817.727022  10.241601     5.791089    16.032690   0.000000    807.485422
A-9    818.557856  10.194917     4.773978    14.968895   0.000000    808.362938
A-10   816.684243  10.300192     4.933159    15.233351   0.000000    806.384051
A-11   816.646405  10.302319     4.847881    15.150200   0.000000    806.344087
A-12   968.306369   0.991227     0.000000     0.991227   0.000000    967.315142
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    989.900281   0.730344     6.185655     6.915999   0.000000    989.169936
M-2    989.900281   0.730345     6.185656     6.916001   0.000000    989.169937
M-3    989.900282   0.730344     6.185656     6.916000   0.000000    989.169937
B-1    989.900284   0.730345     6.185653     6.915998   0.000000    989.169939
B-2    989.900273   0.730341     6.185654     6.915995   0.000000    989.169932
B-3    988.427967   0.729256     6.176451     6.905707   0.000000    987.698710

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:19                                        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                       79,573.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,212.12

SUBSERVICER ADVANCES THIS MONTH                                       81,009.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   7,717,285.11

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,954,959.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     227,567.20


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        880,019.85

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     394,930,125.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,419

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,704,220.24

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.53380750 %     5.06108700 %    1.40510550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.48943370 %     5.08436768 %    1.41474800 %

      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                          8.29833503
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.75

POOL TRADING FACTOR:                                                87.54804353


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


Run:        12/27/96     13:02:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-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   128,931,230.91     7.500000  %  1,382,800.48
A-2   760947PD7     7,348,151.00     7,348,151.00     7.500000  %          0.00
A-3   760947PE5    24,828,814.00    20,830,316.16     8.500000  %    169,767.69
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    20,830,316.16     7.000000  %    169,767.69
A-8   760947PK1    42,208,985.00    41,863,801.35     7.500000  %     30,973.58
A-9   760947PL9    49,657,668.00    41,660,660.23     7.250000  %    339,535.90
A-10  760947PM7       479,655.47       451,287.77     0.000000  %        525.99
R     760947PN5           100.00             0.00     7.500000  %          0.00
M-1   760947PP0    10,087,900.00    10,005,401.49     7.500000  %      7,402.65
M-2   760947PQ8     5,604,400.00     5,558,567.41     7.500000  %      4,112.59
M-3   760947PR6     4,483,500.00     4,446,834.08     7.500000  %      3,290.06
B-1                 2,241,700.00     2,223,367.47     7.500000  %      1,644.99
B-2                 1,345,000.00     1,334,000.63     7.500000  %        986.98
B-3                 2,017,603.30     2,001,103.45     7.500000  %      1,480.56
SPRE                        0.00             0.00     0.474661  %          0.00

- -------------------------------------------------------------------------------
                  448,349,608.77   399,202,356.11                  2,112,289.16
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       805,680.09  2,188,480.57             0.00         0.00 127,548,430.43
A-2        45,917.96     45,917.96             0.00         0.00   7,348,151.00
A-3       147,522.42    317,290.11             0.00         0.00  20,660,548.47
A-4        99,465.94     99,465.94             0.00         0.00  15,917,318.00
A-5       273,702.40    273,702.40             0.00         0.00  43,800,000.00
A-6       324,943.49    324,943.49             0.00         0.00  52,000,000.00
A-7       121,489.05    291,256.74             0.00         0.00  20,660,548.47
A-8       261,603.27    292,576.85             0.00         0.00  41,832,827.77
A-9       251,656.06    591,191.96             0.00         0.00  41,321,124.33
A-10            0.00        525.99             0.00         0.00     450,761.78
R               0.00          0.00             0.00         0.00           0.00
M-1        62,522.89     69,925.54             0.00         0.00   9,997,998.84
M-2        34,735.01     38,847.60             0.00         0.00   5,554,454.82
M-3        27,787.88     31,077.94             0.00         0.00   4,443,544.02
B-1        13,893.63     15,538.62             0.00         0.00   2,221,722.48
B-2         8,336.05      9,323.03             0.00         0.00   1,333,013.65
B-3        12,504.73     13,985.29             0.00         0.00   1,999,622.89
SPRED     157,877.50    157,877.50             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,649,638.37  4,761,927.53             0.00         0.00 397,090,066.95
===============================================================================













































Run:        12/27/96     13:02:20
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    798.335795   8.562232     4.988731    13.550963   0.000000    789.773563
A-2   1000.000000   0.000000     6.248914     6.248914   0.000000   1000.000000
A-3    838.957357   6.837527     5.941581    12.779108   0.000000    832.119829
A-4   1000.000000   0.000000     6.248913     6.248913   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248913     6.248913   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248913     6.248913   0.000000   1000.000000
A-7    838.957357   6.837527     4.893067    11.730594   0.000000    832.119829
A-8    991.822034   0.733815     6.197810     6.931625   0.000000    991.088219
A-9    838.957243   6.837532     5.067819    11.905351   0.000000    832.119711
A-10   940.858175   1.096600     0.000000     1.096600   0.000000    939.761575
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.822033   0.733815     6.197810     6.931625   0.000000    991.088219
M-2    991.822034   0.733815     6.197811     6.931626   0.000000    991.088220
M-3    991.822032   0.733815     6.197810     6.931625   0.000000    991.088217
B-1    991.822041   0.733814     6.197810     6.931624   0.000000    991.088228
B-2    991.822030   0.733814     6.197807     6.931621   0.000000    991.088216
B-3    991.822054   0.733816     6.197814     6.931630   0.000000    991.088233

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:21                                        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                       82,113.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,193.18

SUBSERVICER ADVANCES THIS MONTH                                       50,181.61
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,628,042.37

 (B)  TWO MONTHLY PAYMENTS:                                    5     933,087.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     214,510.91


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        838,206.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     397,090,066.95

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,467

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,816,826.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.58765990 %     5.01837000 %    1.39397030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.55828930 %     5.03563281 %    1.40035520 %

      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                          8.26463549
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.11

POOL TRADING FACTOR:                                                88.56705999


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


Run:        12/27/96     13:02:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S18 (POOL # 4186)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4186 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947NR8    26,815,000.00    12,483,703.95     7.000000  %    438,086.94
A-2   760947NS6    45,874,000.00    45,874,000.00     7.000000  %          0.00
A-3   760947NT4    14,000,000.00    11,971,759.53     7.000000  %     62,000.37
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       385,598.66     0.000000  %      1,471.62
R     760947NX5           100.00             0.00     7.000000  %          0.00
M-1   760947NY3     2,110,000.00     2,028,079.91     7.000000  %      7,295.86
M-2   760947NZ0     1,054,500.00     1,013,559.37     7.000000  %      3,646.20
M-3   760947PA3       773,500.00       743,469.11     7.000000  %      2,674.57
B-1                   351,000.00       337,372.54     7.000000  %      1,213.67
B-2                   281,200.00       270,282.50     7.000000  %        972.32
B-3                   350,917.39       337,293.14     7.000000  %      1,213.39
SPRE                        0.00             0.00     0.515195  %          0.00

- -------------------------------------------------------------------------------
                  140,600,865.75   124,019,618.71                    518,574.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        72,777.67    510,864.61             0.00         0.00  12,045,617.01
A-2       267,436.87    267,436.87             0.00         0.00  45,874,000.00
A-3        69,793.12    131,793.49             0.00         0.00  11,909,759.16
A-4        63,008.63     63,008.63             0.00         0.00  10,808,000.00
A-5       138,758.31    138,758.31             0.00         0.00  23,801,500.00
A-6        81,413.35     81,413.35             0.00         0.00  13,965,000.00
A-7             0.00      1,471.62             0.00         0.00     384,127.04
R               0.00          0.00             0.00         0.00           0.00
M-1        11,823.33     19,119.19             0.00         0.00   2,020,784.05
M-2         5,908.86      9,555.06             0.00         0.00   1,009,913.17
M-3         4,334.28      7,008.85             0.00         0.00     740,794.54
B-1         1,966.82      3,180.49             0.00         0.00     336,158.87
B-2         1,575.70      2,548.02             0.00         0.00     269,310.18
B-3         1,966.35      3,179.74             0.00         0.00     336,079.75
SPRED      53,213.07     53,213.07             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          773,976.36  1,292,551.30             0.00         0.00 123,501,043.77
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    465.549280  16.337384     2.714066    19.051450   0.000000    449.211897
A-2   1000.000000   0.000000     5.829814     5.829814   0.000000   1000.000000
A-3    855.125681   4.428598     4.985223     9.413821   0.000000    850.697083
A-4   1000.000000   0.000000     5.829814     5.829814   0.000000   1000.000000
A-5   1000.000000   0.000000     5.829814     5.829814   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800000     5.800000   0.000000   1000.000000
A-7    926.589402   3.536287     0.000000     3.536287   0.000000    923.053115
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.175313   3.457754     5.603474     9.061228   0.000000    957.717559
M-2    961.175315   3.457752     5.603471     9.061223   0.000000    957.717563
M-3    961.175320   3.457750     5.603465     9.061215   0.000000    957.717570
B-1    961.175328   3.457749     5.603476     9.061225   0.000000    957.717578
B-2    961.175320   3.457752     5.603485     9.061237   0.000000    957.717568
B-3    961.175335   3.457765     5.603456     9.061221   0.000000    957.717570

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:23                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1995-S18 (POOL # 4186)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4186 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,311.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,516.61

SUBSERVICER ADVANCES THIS MONTH                                        3,672.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     373,148.53

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     123,501,043.77

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          465

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       72,367.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.17414640 %     3.06154300 %    0.76431080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.17189850 %     3.05381367 %    0.76475990 %

      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                          7.79688752
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              160.45

POOL TRADING FACTOR:                                                87.83803934


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


Run:        12/27/96     13:02:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   100,752,260.45     7.000000  %  1,518,831.96
R     760947QL8           100.00             0.00     7.000000  %          0.00
M-1   760947QM6     1,786,900.00     1,725,313.91     7.000000  %      5,930.90
M-2   760947QN4       893,400.00       862,608.69     7.000000  %      2,965.28
M-3   760947QP9       595,600.00       575,072.45     7.000000  %      1,976.86
B-1                   297,800.00       287,536.23     7.000000  %        988.43
B-2                   238,200.00       229,990.35     7.000000  %        790.61
B-3                   357,408.38       345,090.18     7.000000  %      1,186.20
SPRE                        0.00             0.00     0.554361  %          0.00

- -------------------------------------------------------------------------------
                  119,123,708.38   104,777,872.26                  1,532,670.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         587,308.43  2,106,140.39             0.00         0.00  99,233,428.49
R               0.00          0.00             0.00         0.00           0.00
M-1        10,057.26     15,988.16             0.00         0.00   1,719,383.01
M-2         5,028.34      7,993.62             0.00         0.00     859,643.41
M-3         3,352.23      5,329.09             0.00         0.00     573,095.59
B-1         1,676.11      2,664.54             0.00         0.00     286,547.80
B-2         1,340.67      2,131.28             0.00         0.00     229,199.74
B-3         2,011.62      3,197.82             0.00         0.00     343,903.91
SPRED      48,369.97     48,369.97             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          659,144.63  2,191,814.87             0.00         0.00 103,245,201.95
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      876.454908  13.212485     5.109060    18.321545   0.000000    863.242423
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    965.534675   3.319100     5.628328     8.947428   0.000000    962.215575
M-2    965.534688   3.319096     5.628319     8.947415   0.000000    962.215592
M-3    965.534671   3.319107     5.628324     8.947431   0.000000    962.215564
B-1    965.534688   3.319107     5.628308     8.947415   0.000000    962.215581
B-2    965.534635   3.319102     5.628338     8.947440   0.000000    962.215533
B-3    965.534664   3.318893     5.628352     8.947245   0.000000    962.215575

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S19 (POOL # 4188)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4188 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,620.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,950.82

SUBSERVICER ADVANCES THIS MONTH                                       10,538.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     326,264.34

 (B)  TWO MONTHLY PAYMENTS:                                    1     425,790.93

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        353,884.28

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     103,245,201.95

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          413

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,172,488.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.15795610 %     3.01876200 %    0.82328140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.11432460 %     3.05304455 %    0.83263090 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,191,237.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     609,536.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.86411878
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              162.66

POOL TRADING FACTOR:                                                86.67057411


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


Run:        12/27/96     13:02:25                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S21 (POOL # 4189)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4189 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947QQ7    37,500,000.00    31,844,199.85     6.200000  %    812,583.39
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    49,038,880.75     7.050000  %    466,976.07
A-5   760947QU8   104,043,000.00    97,633,742.69     0.000000  %    278,881.96
A-6   760947QV6    26,848,000.00    26,648,536.99     7.500000  %     19,342.80
A-7   760947QW4       366,090.95       357,701.77     0.000000  %        309.81
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     6,661,935.74     7.500000  %      4,835.56
M-2   760947RA1     4,474,600.00     4,441,356.66     7.500000  %      3,223.75
M-3   760947RB9     2,983,000.00     2,960,838.26     7.500000  %      2,149.12
B-1                 1,789,800.00     1,776,502.95     7.500000  %      1,289.47
B-2                   745,700.00       740,159.94     7.500000  %        537.24
B-3                 1,193,929.65     1,185,059.54     7.500000  %        860.18
SPRE                        0.00             0.00     0.441127  %          0.00

- -------------------------------------------------------------------------------
                  298,304,120.60   267,586,915.14                  1,590,989.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       164,472.99    977,056.38             0.00         0.00  31,031,616.46
A-2       194,111.31    194,111.31             0.00         0.00  35,848,000.00
A-3        43,643.63     43,643.63             0.00         0.00   8,450,000.00
A-4       288,006.44    754,982.51             0.00         0.00  48,571,904.68
A-5       274,862.56    553,744.52       427,026.96         0.00  97,781,887.69
A-6       166,497.30    185,840.10             0.00         0.00  26,629,194.19
A-7             0.00        309.81             0.00         0.00     357,391.96
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        41,623.09     46,458.65             0.00         0.00   6,657,100.18
M-2        27,749.14     30,972.89             0.00         0.00   4,438,132.91
M-3        18,499.01     20,648.13             0.00         0.00   2,958,689.14
B-1        11,099.40     12,388.87             0.00         0.00   1,775,213.48
B-2         4,624.44      5,161.68             0.00         0.00     739,622.70
B-3         7,404.13      8,264.31             0.00         0.00   1,184,199.36
SPRED      98,333.39     98,333.39             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,340,926.83  2,931,916.18       427,026.96         0.00 266,422,952.75
===============================================================================

















































Run:        12/27/96     13:02:25
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S21 (POOL # 4189)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4189 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    849.178663  21.668890     4.385946    26.054836   0.000000    827.509772
A-2   1000.000000   0.000000     5.414844     5.414844   0.000000   1000.000000
A-3   1000.000000   0.000000     5.164927     5.164927   0.000000   1000.000000
A-4    728.119981   6.933572     4.276265    11.209837   0.000000    721.186410
A-5    938.397996   2.680449     2.641817     5.322266   4.104331    939.821878
A-6    992.570657   0.720456     6.201479     6.921935   0.000000    991.850201
A-7    977.084438   0.846265     0.000000     0.846265   0.000000    976.238173
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    992.570658   0.720457     6.201479     6.921936   0.000000    991.850201
M-2    992.570657   0.720455     6.201479     6.921934   0.000000    991.850201
M-3    992.570654   0.720456     6.201478     6.921934   0.000000    991.850198
B-1    992.570650   0.720455     6.201475     6.921930   0.000000    991.850196
B-2    992.570658   0.720451     6.201475     6.921926   0.000000    991.850208
B-3    992.570659   0.720453     6.201479     6.921932   0.000000    991.850198

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:26                                        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                       55,699.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,811.58

SUBSERVICER ADVANCES THIS MONTH                                       50,595.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,839,971.82

 (B)  TWO MONTHLY PAYMENTS:                                    2     571,249.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     240,300.12


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,115,186.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     266,422,952.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          999

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      969,704.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.35182970 %     5.26294700 %    1.38522370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.32760030 %     5.27504184 %    1.39027220 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,142.00
      FRAUD AMOUNT AVAILABLE                            5,966,082.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,300,925.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22563334
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              343.40

POOL TRADING FACTOR:                                                89.31252851


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


Run:        12/27/96     13:59:44                                    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    14,331,267.25     7.500000  %    129,307.93
A-2   760947PT2    73,285,445.00    63,525,709.56     7.500000  %    398,270.00
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    29,897,806.34     7.500000  %     24,918.79
A-6   760947PX3    19,608,650.00    16,597,666.18     7.500000  %    122,870.60
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    98,832,164.70     7.500000  %    620,703.08
A-11  760947QC8     3,268,319.71     3,057,856.59     0.000000  %      4,194.12
R     760947QD6           100.00             0.00     7.500000  %          0.00
M-1   760947QE4     7,342,463.00     7,272,559.88     7.500000  %      6,061.43
M-2   760947QF1     5,710,804.00     5,656,434.93     7.500000  %      4,714.44
M-3   760947QG9     3,263,317.00     3,232,248.96     7.500000  %      2,693.97
B-1   760947QH7     1,794,824.00     1,777,736.58     7.500000  %      1,481.68
B-2   760947QJ3     1,142,161.00     1,131,287.19     7.500000  %        942.89
B-3                 1,957,990.76     1,931,838.38     7.500000  %      1,610.16

- -------------------------------------------------------------------------------
                  326,331,688.47   294,474,314.54                  1,317,769.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        89,551.85    218,859.78             0.00         0.00  14,201,959.32
A-2       396,953.36    795,223.36             0.00         0.00  63,127,439.56
A-3        48,525.80     48,525.80             0.00         0.00   7,765,738.00
A-4       210,412.61    210,412.61             0.00         0.00  33,673,000.00
A-5       186,822.55    211,741.34             0.00         0.00  29,872,887.55
A-6       103,713.90    226,584.50             0.00         0.00  16,474,795.58
A-7        17,340.15     17,340.15             0.00         0.00   2,775,000.00
A-8         6,436.17      6,436.17             0.00         0.00   1,030,000.00
A-9        12,409.93     12,409.93             0.00         0.00   1,986,000.00
A-10      617,572.96  1,238,276.04             0.00         0.00  98,211,461.62
A-11            0.00      4,194.12             0.00         0.00   3,053,662.47
R               0.00          0.00             0.00         0.00           0.00
M-1        45,444.08     51,505.51             0.00         0.00   7,266,498.45
M-2        35,345.39     40,059.83             0.00         0.00   5,651,720.49
M-3        20,197.37     22,891.34             0.00         0.00   3,229,554.99
B-1        11,108.55     12,590.23             0.00         0.00   1,776,254.90
B-2         7,069.07      8,011.96             0.00         0.00   1,130,344.30
B-3        12,071.49     13,681.65             0.00         0.00   1,930,228.22

- -------------------------------------------------------------------------------
        1,820,975.23  3,138,744.32             0.00         0.00 293,156,545.45
===============================================================================














Run:        12/27/96     13:59:44
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    818.929557   7.389025     5.117249    12.506274   0.000000    811.540533
A-2    866.825733   5.434503     5.416537    10.851040   0.000000    861.391229
A-3   1000.000000   0.000000     6.248704     6.248704   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248704     6.248704   0.000000   1000.000000
A-5    990.479611   0.825531     6.189214     7.014745   0.000000    989.654081
A-6    846.446144   6.266143     5.289191    11.555334   0.000000    840.180001
A-7   1000.000000   0.000000     6.248703     6.248703   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248709     6.248709   0.000000   1000.000000
A-9   1000.000000   0.000000     6.248706     6.248706   0.000000   1000.000000
A-10   866.624247   5.442725     5.415279    10.858004   0.000000    861.181522
A-11   935.605100   1.283265     0.000000     1.283265   0.000000    934.321835
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.479609   0.825531     6.189215     7.014746   0.000000    989.654078
M-2    990.479612   0.825530     6.189214     7.014744   0.000000    989.654082
M-3    990.479613   0.825531     6.189215     7.014746   0.000000    989.654082
B-1    990.479612   0.825529     6.189214     7.014743   0.000000    989.654083
B-2    990.479617   0.825532     6.189206     7.014738   0.000000    989.654086
B-3    986.643257   0.822333     6.165244     6.987577   0.000000    985.820903

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:59:45                                        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                       59,638.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                92,489.91

SUBSERVICER ADVANCES THIS MONTH                                       12,445.98
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     263,951.13

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,356,934.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     293,156,545.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,026

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,071,734.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.79309550 %     5.54575500 %    1.66114920 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.76649680 %     5.50824267 %    1.66728000 %

      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                          8.06992065
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.20

POOL TRADING FACTOR:                                                89.83391923

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


Run:        12/27/96     13:02:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S1 (POOL # 4192)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4192 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947RC7   173,876,000.00   150,047,465.85     6.850000  %    768,913.88
A-2   760947RD5    25,000,000.00    22,445,168.79     7.250000  %     82,440.87
A-3   760947RE3    22,600,422.00    22,600,422.00     7.000000  %          0.00
A-4   760947RF0    15,842,000.00    14,833,564.23     6.750000  %    104,226.22
A-5   760947RG8    11,649,000.00    11,254,837.32     6.900000  %     40,738.43
A-6   760947RU7    73,856,000.00    74,864,435.77     0.000000  %          0.00
A-7   760947RH6    93,000,000.00    85,519,621.83     7.250000  %    241,381.47
A-8   760947RJ2     6,350,000.00     6,744,162.68     7.250000  %          0.00
A-9   760947RK9    20,348,738.00    17,560,080.58     7.250000  %     89,986.12
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       170,276.11     0.000000  %        187.08
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    11,859,829.20     7.250000  %      8,626.62
M-2   760947RS2     6,634,109.00     6,588,794.12     7.250000  %      4,792.57
M-3   760947RT0     5,307,287.00     5,271,035.09     7.250000  %      3,834.05
B-1   760947RV5     3,184,372.00     3,162,620.85     7.250000  %      2,300.43
B-2   760947RW3     1,326,822.00     1,317,759.01     7.250000  %        958.51
B-3   760947RX1     2,122,914.66     2,108,413.93     7.250000  %      1,533.64
SPRE                        0.00             0.00     0.638570  %          0.00

- -------------------------------------------------------------------------------
                  530,728,720.00   493,859,645.36                  1,349,919.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       856,362.15  1,625,276.03             0.00         0.00 149,278,551.97
A-2       135,581.09    218,021.96             0.00         0.00  22,362,727.92
A-3       131,811.36    131,811.36             0.00         0.00  22,600,422.00
A-4        83,423.33    187,649.55             0.00         0.00  14,729,338.01
A-5        64,703.31    105,441.74             0.00         0.00  11,214,098.89
A-6       412,463.07    412,463.07       104,226.22         0.00  74,968,661.99
A-7       516,585.26    757,966.73             0.00         0.00  85,278,240.36
A-8             0.00          0.00        40,738.43         0.00   6,784,901.11
A-9       106,072.48    196,058.60             0.00         0.00  17,470,094.46
A-10       19,876.31     19,876.31             0.00         0.00   2,511,158.00
A-11      236,622.79    236,622.79             0.00         0.00  40,000,000.00
A-12       90,608.20     90,608.20             0.00         0.00  15,000,000.00
A-13            0.00        187.08             0.00         0.00     170,089.03
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        71,639.85     80,266.47             0.00         0.00  11,851,202.58
M-2        39,799.92     44,592.49             0.00         0.00   6,584,001.55
M-3        31,839.94     35,673.99             0.00         0.00   5,267,201.04
B-1        19,103.96     21,404.39             0.00         0.00   3,160,320.42
B-2         7,959.98      8,918.49             0.00         0.00   1,316,800.50
B-3        12,735.97     14,269.61             0.00         0.00   2,106,880.29
SPRED     262,754.44    262,754.44             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,099,943.41  4,449,863.30       144,964.65         0.00 492,654,690.12
===============================================================================





































Run:        12/27/96     13:02:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S1 (POOL # 4192)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4192 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    862.956738   4.422197     4.925131     9.347328   0.000000    858.534542
A-2    897.806752   3.297635     5.423244     8.720879   0.000000    894.509117
A-3   1000.000000   0.000000     5.832252     5.832252   0.000000   1000.000000
A-4    936.344163   6.579107     5.265959    11.845066   0.000000    929.765056
A-5    966.163389   3.497161     5.554409     9.051570   0.000000    962.666228
A-6   1013.654081   0.000000     5.584693     5.584693   1.411209   1015.065289
A-7    919.565826   2.595500     5.554680     8.150180   0.000000    916.970327
A-8   1062.072863   0.000000     0.000000     0.000000   6.415501   1068.488364
A-9    862.956739   4.422197     5.212730     9.634927   0.000000    858.534542
A-10  1000.000000   0.000000     7.915197     7.915197   0.000000   1000.000000
A-11  1000.000000   0.000000     5.915570     5.915570   0.000000   1000.000000
A-12  1000.000000   0.000000     6.040547     6.040547   0.000000   1000.000000
A-13   954.990636   1.049235     0.000000     1.049235   0.000000    953.941401
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    993.169408   0.722413     5.999286     6.721699   0.000000    992.446995
M-2    993.169410   0.722414     5.999286     6.721700   0.000000    992.446996
M-3    993.169408   0.722412     5.999287     6.721699   0.000000    992.446996
B-1    993.169407   0.722412     5.999287     6.721699   0.000000    992.446994
B-2    993.169400   0.722410     5.999282     6.721692   0.000000    992.446990
B-3    993.169424   0.722412     5.999285     6.721697   0.000000    992.447002

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:30                                        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                      101,636.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,173.39

SUBSERVICER ADVANCES THIS MONTH                                       64,430.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   6,909,676.23

 (B)  TWO MONTHLY PAYMENTS:                                    1     338,092.79

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     475,117.18


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,002,890.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     492,654,690.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,801

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      845,709.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.86082540 %     4.80457100 %    1.33460310 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.85028360 %     4.81115996 %    1.33689480 %

      BANKRUPTCY AMOUNT AVAILABLE                         183,614.00
      FRAUD AMOUNT AVAILABLE                           10,614,574.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,307,287.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.17911071
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.23

POOL TRADING FACTOR:                                                92.82608451


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


Run:        12/27/96     13:02:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,050,640.97     6.750000  %    290,642.43
A-2   760947SA0    20,391,493.00    20,391,493.00     6.750000  %          0.00
A-3   760947SB8    29,250,000.00    26,428,327.61     6.750000  %    112,229.02
A-4   760947SC6       313,006.32       294,392.38     0.000000  %      1,257.56
R     760947SD4           100.00             0.00     6.750000  %          0.00
M-1   760947SE2     1,364,000.00     1,319,107.91     6.750000  %      4,751.26
M-2   760947SF9       818,000.00       791,077.92     6.750000  %      2,849.36
M-3   760947SG7       546,000.00       528,030.01     6.750000  %      1,901.90
B-1                   491,000.00       474,840.16     6.750000  %      1,710.31
B-2                   273,000.00       264,014.99     6.750000  %        950.95
B-3                   327,627.84       316,845.05     6.750000  %      1,141.21
SPRE                        0.00             0.00     0.560016  %          0.00

- -------------------------------------------------------------------------------
                  109,132,227.16    98,858,770.00                    417,434.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       270,117.61    560,760.04             0.00         0.00  47,759,998.54
A-2       114,631.17    114,631.17             0.00         0.00  20,391,493.00
A-3       148,567.35    260,796.37             0.00         0.00  26,316,098.59
A-4             0.00      1,257.56             0.00         0.00     293,134.82
R               0.00          0.00             0.00         0.00           0.00
M-1         7,415.39     12,166.65             0.00         0.00   1,314,356.65
M-2         4,447.06      7,296.42             0.00         0.00     788,228.56
M-3         2,968.33      4,870.23             0.00         0.00     526,128.11
B-1         2,669.33      4,379.64             0.00         0.00     473,129.85
B-2         1,484.16      2,435.11             0.00         0.00     263,064.04
B-3         1,781.15      2,922.36             0.00         0.00     315,703.84
SPRED      46,106.88     46,106.88             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          600,188.43  1,017,622.43             0.00         0.00  98,441,336.00
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    867.998139   5.250234     4.879468    10.129702   0.000000    862.747905
A-2   1000.000000   0.000000     5.621519     5.621519   0.000000   1000.000000
A-3    903.532568   3.836889     5.079226     8.916115   0.000000    899.695678
A-4    940.531744   4.017682     0.000000     4.017682   0.000000    936.514061
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.087911   3.483328     5.436503     8.919831   0.000000    963.604582
M-2    967.087922   3.483325     5.436504     8.919829   0.000000    963.604597
M-3    967.087930   3.483333     5.436502     8.919835   0.000000    963.604597
B-1    967.087902   3.483320     5.436517     8.919837   0.000000    963.604583
B-2    967.087875   3.483333     5.436484     8.919817   0.000000    963.604542
B-3    967.088298   3.483282     5.436504     8.919786   0.000000    963.605035

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:32                                        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                       20,403.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,705.31

SUBSERVICER ADVANCES THIS MONTH                                        6,162.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     638,044.34

 (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                                                      98,441,336.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          355

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       61,247.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.25228090 %     2.67664200 %    1.07107680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.24994550 %     2.67033487 %    1.07174430 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,091,322.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     661,887.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59041018
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              162.68

POOL TRADING FACTOR:                                                90.20372677


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


Run:        12/27/96     13:02:28                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    23,610,540.39     7.000000  %     83,396.62
A-2   760947SJ1    50,172,797.00    46,484,274.41     7.400000  %    138,994.36
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    33,280,115.65     7.250000  %     24,230.79
A-6   760947SN2    45,513,473.00    41,611,386.09     7.250000  %    147,042.09
A-7   760947SP7     8,560,000.00     8,560,000.00     7.125000  %          0.00
A-8   760947SQ5    77,000,000.00    71,472,859.76     7.250000  %    208,278.87
A-9   760947SR3    36,574,716.00    32,131,780.07     7.250000  %    167,422.87
R     760947SS1           100.00             0.00     7.250000  %          0.00
M-1   760947ST9     8,000,000.00     7,945,111.77     7.250000  %      5,784.73
M-2   760947SU6     5,333,000.00     5,296,410.12     7.250000  %      3,856.24
M-3   760947SV4     3,555,400.00     3,531,006.28     7.250000  %      2,570.88
B-1                 1,244,400.00     1,235,862.13     7.250000  %        899.81
B-2                   888,900.00       882,801.23     7.250000  %        642.76
B-3                 1,422,085.30     1,412,328.34     7.250000  %      1,028.27
SPRE                        0.00             0.00     0.639321  %          0.00

- -------------------------------------------------------------------------------
                  355,544,080.30   335,400,002.24                    784,148.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       137,706.44    221,103.06             0.00         0.00  23,527,143.77
A-2       286,607.85    425,602.21             0.00         0.00  46,345,280.05
A-3       150,688.79    150,688.79             0.00         0.00  24,945,526.00
A-4       199,343.57    199,343.57             0.00         0.00  33,000,000.00
A-5       201,035.68    225,266.47             0.00         0.00  33,255,884.86
A-6       251,362.49    398,404.58             0.00         0.00  41,464,344.00
A-7        50,816.99     50,816.99             0.00         0.00   8,560,000.00
A-8       431,747.12    640,025.99             0.00         0.00  71,264,580.89
A-9       194,098.90    361,521.77             0.00         0.00  31,964,357.20
R               0.00          0.00             0.00         0.00           0.00
M-1        47,994.15     53,778.88             0.00         0.00   7,939,327.04
M-2        31,994.10     35,850.34             0.00         0.00   5,292,553.88
M-3        21,329.80     23,900.68             0.00         0.00   3,528,435.40
B-1         7,465.49      8,365.30             0.00         0.00   1,234,962.32
B-2         5,332.75      5,975.51             0.00         0.00     882,158.47
B-3         8,531.47      9,559.74             0.00         0.00   1,411,300.07
SPRED     178,662.09    178,662.09             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,204,717.68  2,988,865.97             0.00         0.00 334,615,853.95
===============================================================================















































Run:        12/27/96     13:02:28
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    914.298975   3.229466     5.332570     8.562036   0.000000    911.069509
A-2    926.483616   2.770313     5.712415     8.482728   0.000000    923.713303
A-3   1000.000000   0.000000     6.040714     6.040714   0.000000   1000.000000
A-4   1000.000000   0.000000     6.040714     6.040714   0.000000   1000.000000
A-5    993.138969   0.723091     5.999269     6.722360   0.000000    992.415878
A-6    914.265235   3.230738     5.522815     8.753553   0.000000    911.034497
A-7   1000.000000   0.000000     5.936564     5.936564   0.000000   1000.000000
A-8    928.218958   2.704920     5.607105     8.312025   0.000000    925.514038
A-9    878.524390   4.577558     5.306915     9.884473   0.000000    873.946833
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.138971   0.723091     5.999269     6.722360   0.000000    992.415880
M-2    993.138969   0.723090     5.999269     6.722359   0.000000    992.415879
M-3    993.138966   0.723092     5.999269     6.722361   0.000000    992.415874
B-1    993.138967   0.723087     5.999269     6.722356   0.000000    992.415879
B-2    993.138970   0.723096     5.999269     6.722365   0.000000    992.415874
B-3    993.138977   0.723093     5.999267     6.722360   0.000000    992.415905

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S3 (POOL # 4191)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4191 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       69,793.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,098.90

SUBSERVICER ADVANCES THIS MONTH                                       35,583.82
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,923,248.85

 (B)  TWO MONTHLY PAYMENTS:                                    2     373,314.20

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     347,243.06


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        249,100.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     334,615,853.95

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,151

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      539,948.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.94647590 %     5.00075400 %    1.05277030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.93670770 %     5.00882314 %    1.05446910 %

      BANKRUPTCY AMOUNT AVAILABLE                         173,940.00
      FRAUD AMOUNT AVAILABLE                            7,110,882.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,949,167.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.18252182
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.39

POOL TRADING FACTOR:                                                94.11374637


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


Run:        12/27/96     13:02:33                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    47,744,812.04     7.125000  %    725,626.35
A-2   760947TF8    59,147,000.00    53,512,514.16     7.250000  %    813,283.97
A-3   760947TG6    50,000,000.00    46,402,476.97     7.250000  %    519,267.93
A-4   760947TH4     2,000,000.00     1,858,977.04     6.812500  %     20,355.31
A-5   760947TJ0    18,900,000.00    17,567,333.54     7.000000  %    192,357.62
A-6   760947TK7    25,500,000.00    23,701,957.99     7.250000  %    259,530.11
A-7   760947TL5    30,750,000.00    28,581,772.84     7.500000  %    312,962.79
A-8   760947TM3    87,500,000.00    82,688,041.74     7.350000  %    694,560.01
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    60,876,056.16     7.250000  %     45,040.70
A-14  760947TT8       709,256.16       700,908.79     0.000000  %     18,892.17
R     760947TU5           100.00             0.00     7.250000  %          0.00
M-1   760947TV3    12,822,700.00    12,741,710.41     7.250000  %      9,427.28
M-2   760947TW1     7,123,700.00     7,078,705.94     7.250000  %      5,237.36
M-3   760947TX9     6,268,900.00     6,229,304.93     7.250000  %      4,608.91
B-1                 2,849,500.00     2,831,502.24     7.250000  %      2,094.96
B-2                 1,424,700.00     1,415,701.43     7.250000  %      1,047.44
B-3                 2,280,382.97     2,265,979.95     7.250000  %      1,676.55
SPRE                        0.00             0.00     0.511916  %          0.00

- -------------------------------------------------------------------------------
                  569,896,239.13   544,782,756.17                  3,625,969.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       283,367.60  1,008,993.95             0.00         0.00  47,019,185.69
A-2       323,171.09  1,136,455.06             0.00         0.00  52,699,230.19
A-3       280,232.38    799,500.31             0.00         0.00  45,883,209.04
A-4        10,549.21     30,904.52             0.00         0.00   1,838,621.73
A-5       102,433.74    294,791.36             0.00         0.00  17,374,975.92
A-6       143,140.12    402,670.23             0.00         0.00  23,442,427.88
A-7       178,562.22    491,525.01             0.00         0.00  28,268,810.05
A-8       506,254.85  1,200,814.86             0.00         0.00  81,993,481.73
A-9       122,553.48    122,553.48             0.00         0.00  21,400,000.00
A-10      185,963.60    185,963.60             0.00         0.00  30,271,000.00
A-11      326,658.63    326,658.63             0.00         0.00  54,090,000.00
A-12      258,621.35    258,621.35             0.00         0.00  42,824,000.00
A-13      367,640.76    412,681.46             0.00         0.00  60,831,015.46
A-14            0.00     18,892.17             0.00         0.00     682,016.62
R               0.00          0.00             0.00         0.00           0.00
M-1        76,949.34     86,376.62             0.00         0.00  12,732,283.13
M-2        42,749.50     47,986.86             0.00         0.00   7,073,468.58
M-3        37,619.82     42,228.73             0.00         0.00   6,224,696.02
B-1        17,099.92     19,194.88             0.00         0.00   2,829,407.28
B-2         8,549.66      9,597.10             0.00         0.00   1,414,653.99
B-3        13,684.64     15,361.19             0.00         0.00   2,264,303.40
SPRED     232,306.45    232,306.45             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,518,108.36  7,144,077.82             0.00         0.00 541,156,786.71
===============================================================================





































Run:        12/27/96     13:02:33
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    904.737589  13.750215     5.369658    19.119873   0.000000    890.987374
A-2    904.737589  13.750215     5.463863    19.214078   0.000000    890.987374
A-3    928.049539  10.385359     5.604648    15.990007   0.000000    917.664181
A-4    929.488520  10.177655     5.274605    15.452260   0.000000    919.310865
A-5    929.488547  10.177652     5.419775    15.597427   0.000000    919.310895
A-6    929.488549  10.177651     5.613338    15.790989   0.000000    919.310897
A-7    929.488548  10.177652     5.806901    15.984553   0.000000    919.310896
A-8    945.006191   7.937829     5.785770    13.723599   0.000000    937.068363
A-9   1000.000000   0.000000     5.726798     5.726798   0.000000   1000.000000
A-10  1000.000000   0.000000     6.143292     6.143292   0.000000   1000.000000
A-11  1000.000000   0.000000     6.039169     6.039169   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039168     6.039168   0.000000   1000.000000
A-13   993.683890   0.735202     6.001024     6.736226   0.000000    992.948688
A-14   988.230811  26.636596     0.000000    26.636596   0.000000    961.594214
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.683890   0.735202     6.001025     6.736227   0.000000    992.948687
M-2    993.683892   0.735202     6.001025     6.736227   0.000000    992.948690
M-3    993.683889   0.735202     6.001024     6.736226   0.000000    992.948686
B-1    993.683888   0.735203     6.001025     6.736228   0.000000    992.948686
B-2    993.683884   0.735200     6.001025     6.736225   0.000000    992.948684
B-3    993.683947   0.735201     6.001027     6.736228   0.000000    992.948741

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:34                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S4 (POOL # 4196)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4196 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      115,361.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,731.19

SUBSERVICER ADVANCES THIS MONTH                                       82,730.22
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   7,410,134.61

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,494,282.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,470,718.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     541,156,786.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,847

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,222,822.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.01507240 %     4.78783100 %    1.19709630 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.97958720 %     4.81014899 %    1.20419400 %

      BANKRUPTCY AMOUNT AVAILABLE                         189,818.00
      FRAUD AMOUNT AVAILABLE                           11,397,925.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,791,107.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.05033078
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.47

POOL TRADING FACTOR:                                                94.95707281


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


Run:        12/27/96     13:02:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,236,114.53     6.750000  %    302,703.53
A-2   760947SX0    21,274,070.00    21,274,070.00     6.750000  %          0.00
A-3   760947SY8    38,926,942.00    35,389,416.24     6.750000  %    154,114.12
A-4   760947SZ5       177,268.15       169,341.91     0.000000  %        694.58
R     760947TA9           100.00             0.00     6.750000  %          0.00
M-1   760947TB7     1,493,000.00     1,449,851.62     6.750000  %      5,057.50
M-2   760947TC5       597,000.00       579,746.41     6.750000  %      2,022.32
M-3   760947TD3       597,000.00       579,746.41     6.750000  %      2,022.32
B-1                   597,000.00       579,746.41     6.750000  %      2,022.32
B-2                   299,000.00       290,358.77     6.750000  %      1,012.85
B-3                   298,952.57       290,312.73     6.750000  %      1,012.69
SPRE                        0.00             0.00     0.522279  %          0.00

- -------------------------------------------------------------------------------
                  119,444,684.72   108,838,705.03                    470,662.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       271,096.21    573,799.74             0.00         0.00  47,933,411.00
A-2       119,564.35    119,564.35             0.00         0.00  21,274,070.00
A-3       198,895.31    353,009.43             0.00         0.00  35,235,302.12
A-4             0.00        694.58             0.00         0.00     168,647.33
R               0.00          0.00             0.00         0.00           0.00
M-1         8,148.45     13,205.95             0.00         0.00   1,444,794.12
M-2         3,258.28      5,280.60             0.00         0.00     577,724.09
M-3         3,258.28      5,280.60             0.00         0.00     577,724.09
B-1         3,258.28      5,280.60             0.00         0.00     577,724.09
B-2         1,631.87      2,644.72             0.00         0.00     289,345.92
B-3         1,631.61      2,644.30             0.00         0.00     289,300.04
SPRED      47,329.62     47,329.62             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          658,072.26  1,128,734.49             0.00         0.00 108,368,042.80
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    874.090440   5.485315     4.912556    10.397871   0.000000    868.605126
A-2   1000.000000   0.000000     5.620192     5.620192   0.000000   1000.000000
A-3    909.123975   3.959061     5.109451     9.068512   0.000000    905.164914
A-4    955.286722   3.918245     0.000000     3.918245   0.000000    951.368478
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    971.099545   3.387475     5.457770     8.845245   0.000000    967.712070
M-2    971.099514   3.387471     5.457755     8.845226   0.000000    967.712044
M-3    971.099514   3.387471     5.457755     8.845226   0.000000    967.712044
B-1    971.099514   3.387471     5.457755     8.845226   0.000000    967.712044
B-2    971.099565   3.387458     5.457759     8.845217   0.000000    967.712107
B-3    971.099630   3.387460     5.457755     8.845215   0.000000    967.712169

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:35                                        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                       23,968.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,732.53

SUBSERVICER ADVANCES THIS MONTH                                        3,107.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     336,486.53

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     108,368,042.80

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                       90,937.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.53097960 %     2.40117800 %    1.06784270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.52806530 %     2.39945489 %    1.06873980 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,194,447.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,222,232.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.58312294
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.56

POOL TRADING FACTOR:                                                90.72655100


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


Run:        12/27/96     13:02:36                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    64,051,023.45     6.625000  %    281,000.14
A-2   760947UL3    50,000,000.00    46,399,462.56     6.625000  %    256,206.01
A-3   760947UM1    12,000,000.00    12,000,000.00     6.625000  %          0.00
A-4   760947UN9    10,424,000.00     9,709,719.55     6.000000  %     91,584.44
A-5   760947UP4    40,000,000.00    38,339,591.05     6.625000  %    165,245.21
A-6   760947UQ2     9,032,000.00     9,032,000.00     7.000000  %          0.00
A-7   760947UR0     9,317,000.00     7,258,888.70     8.000000  %          0.00
A-8   760947US8     1,331,000.00     1,036,984.11     0.000000  %          0.00
A-9   760947UT6    67,509,000.00    67,012,445.79     0.000000  %    100,475.71
A-10  760947UU3    27,446,000.00    27,264,110.12     7.000000  %     20,748.15
A-11  760947UV1    15,000,000.00    14,900,592.13     7.000000  %     11,339.44
A-12  760947UW9    72,100,000.00    68,364,079.82     6.625000  %    371,801.72
A-13  760947UX7    17,900,000.00    17,900,000.00     6.625000  %          0.00
R-I   760947UY5           100.00             0.00     7.000000  %          0.00
R-II  760947UZ2           100.00             0.00     7.000000  %          0.00
M-1   760947VA6     9,550,000.00     9,486,710.32     7.000000  %      7,219.44
M-2   760947VB4     5,306,000.00     5,270,836.12     7.000000  %      4,011.14
M-3   760947VC2     4,669,000.00     4,638,057.64     7.000000  %      3,529.59
B-1                 2,335,000.00     2,319,525.52     7.000000  %      1,765.17
B-2                   849,000.00       843,373.51     7.000000  %        641.81
B-3                 1,698,373.98     1,687,118.53     7.000000  %      1,283.92
SPRE                        0.00             0.00     0.645310  %          0.00

- -------------------------------------------------------------------------------
                  424,466,573.98   407,514,518.92                  1,316,851.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       353,297.95    634,298.09             0.00         0.00  63,770,023.31
A-2       255,934.00    512,140.01             0.00         0.00  46,143,256.55
A-3        66,190.60     66,190.60             0.00         0.00  12,000,000.00
A-4        48,505.07    140,089.51             0.00         0.00   9,618,135.11
A-5       211,476.69    376,721.90             0.00         0.00  38,174,345.84
A-6        52,639.43     52,639.43             0.00         0.00   9,032,000.00
A-7        48,349.20     48,349.20             0.00         0.00   7,258,888.70
A-8             0.00          0.00             0.00         0.00   1,036,984.11
A-9       384,190.34    484,666.05        91,584.44         0.00  67,003,554.52
A-10      158,898.03    179,646.18             0.00         0.00  27,243,361.97
A-11       86,842.18     98,181.62             0.00         0.00  14,889,252.69
A-12      377,088.26    748,889.98             0.00         0.00  67,992,278.10
A-13       98,734.31     98,734.31             0.00         0.00  17,900,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        55,289.52     62,508.96             0.00         0.00   9,479,490.88
M-2        30,718.97     34,730.11             0.00         0.00   5,266,824.98
M-3        27,031.08     30,560.67             0.00         0.00   4,634,528.05
B-1        13,518.44     15,283.61             0.00         0.00   2,317,760.35
B-2         4,915.27      5,557.08             0.00         0.00     842,731.70
B-3         9,832.70     11,116.62             0.00         0.00   1,685,834.61
SPRED     218,947.75    218,947.75             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,502,399.79  3,819,251.68        91,584.44         0.00 406,289,251.47
===============================================================================





































Run:        12/27/96     13:02:36
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    941.926815   4.132355     5.195558     9.327913   0.000000    937.794460
A-2    927.989251   5.124120     5.118680    10.242800   0.000000    922.865131
A-3   1000.000000   0.000000     5.515883     5.515883   0.000000   1000.000000
A-4    931.477317   8.785921     4.653211    13.439132   0.000000    922.691396
A-5    958.489776   4.131130     5.286917     9.418047   0.000000    954.358646
A-6   1000.000000   0.000000     5.828103     5.828103   0.000000   1000.000000
A-7    779.101503   0.000000     5.189353     5.189353   0.000000    779.101503
A-8    779.101510   0.000000     0.000000     0.000000   0.000000    779.101510
A-9    992.644622   1.488331     5.690950     7.179281   1.356626    992.512917
A-10   993.372809   0.755963     5.789479     6.545442   0.000000    992.616847
A-11   993.372809   0.755963     5.789479     6.545442   0.000000    992.616846
A-12   948.184186   5.156751     5.230073    10.386824   0.000000    943.027436
A-13  1000.000000   0.000000     5.515883     5.515883   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    993.372808   0.755962     5.789479     6.545441   0.000000    992.616846
M-2    993.372808   0.755963     5.789478     6.545441   0.000000    992.616845
M-3    993.372808   0.755963     5.789480     6.545443   0.000000    992.616845
B-1    993.372814   0.755961     5.789482     6.545443   0.000000    992.616852
B-2    993.372803   0.755960     5.789482     6.545442   0.000000    992.616843
B-3    993.372808   0.755964     5.789479     6.545443   0.000000    992.616838

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:37                                        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                       90,898.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,465.36

SUBSERVICER ADVANCES THIS MONTH                                       68,005.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   5,323,731.10

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,089,510.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,330,035.94


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,690,197.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     406,289,251.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,394

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      915,146.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.05036620 %     4.75948800 %    1.19014600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.03696490 %     4.77020838 %    1.19282670 %

      BANKRUPTCY AMOUNT AVAILABLE                         170,019.00
      FRAUD AMOUNT AVAILABLE                            8,489,331.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,244,666.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.96699786
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.64

POOL TRADING FACTOR:                                                95.71760802


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


Run:        12/27/96     13:02:38                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    23,476,665.95     5.000000  %  1,001,816.50
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   125,635,266.74     6.375000  %    387,508.51
A-6   760947VW8   123,614,000.00   125,438,854.72     0.000000  %     58,488.74
A-7   760947VJ7    66,675,000.00    63,151,566.33     7.000000  %    231,188.42
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    19,872,195.37     7.000000  %     15,150.47
A-12  760947VP3    38,585,000.00    38,338,432.91     7.000000  %     29,229.04
A-13  760947VQ1       698,595.74       677,368.90     0.000000  %        668.04
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    12,473,777.03     7.000000  %      9,509.95
M-2   760947VU2     6,974,500.00     6,929,931.34     7.000000  %      5,283.35
M-3   760947VV0     6,137,500.00     6,098,279.95     7.000000  %      4,649.30
B-1   760947VX6     3,069,000.00     3,049,388.38     7.000000  %      2,324.84
B-2   760947VY4     1,116,000.00     1,108,868.51     7.000000  %        845.40
B-3                 2,231,665.53     2,217,404.68     7.000000  %      1,690.52
SPRE                        0.00             0.00     0.601974  %          0.00

- -------------------------------------------------------------------------------
                  557,958,461.27   538,566,000.81                  1,748,353.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        97,794.66  1,099,611.16             0.00         0.00  22,474,849.45
A-2       122,968.84    122,968.84             0.00         0.00  28,800,000.00
A-3       126,132.62    126,132.62             0.00         0.00  26,330,000.00
A-4       167,184.61    167,184.61             0.00         0.00  34,157,000.00
A-5       667,268.25  1,054,776.76             0.00         0.00 125,247,758.23
A-6       494,503.14    552,991.88       445,997.25         0.00 125,826,363.23
A-7       368,290.81    599,479.23             0.00         0.00  62,920,377.91
A-8        60,861.25     60,861.25             0.00         0.00  10,436,000.00
A-9        38,198.65     38,198.65             0.00         0.00   6,550,000.00
A-10       22,306.85     22,306.85             0.00         0.00   3,825,000.00
A-11      115,891.77    131,042.24             0.00         0.00  19,857,044.90
A-12      223,584.20    252,813.24             0.00         0.00  38,309,203.87
A-13            0.00        668.04             0.00         0.00     676,700.86
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        72,745.26     82,255.21             0.00         0.00  12,464,267.08
M-2        40,414.36     45,697.71             0.00         0.00   6,924,647.99
M-3        35,564.29     40,213.59             0.00         0.00   6,093,630.65
B-1        17,783.59     20,108.43             0.00         0.00   3,047,063.54
B-2         6,466.76      7,312.16             0.00         0.00   1,108,023.11
B-3        12,931.58     14,622.10             0.00         0.00   2,215,714.16
SPRED     270,100.38    270,100.38             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,960,991.87  4,709,344.95       445,997.25         0.00 537,263,644.98
===============================================================================





































Run:        12/27/96     13:02:38
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    792.327572  33.810884     3.300529    37.111413   0.000000    758.516688
A-2   1000.000000   0.000000     4.269751     4.269751   0.000000   1000.000000
A-3   1000.000000   0.000000     4.790453     4.790453   0.000000   1000.000000
A-4   1000.000000   0.000000     4.894593     4.894593   0.000000   1000.000000
A-5    919.899445   2.837331     4.885728     7.723059   0.000000    917.062114
A-6   1014.762525   0.473156     4.000381     4.473537   3.607983   1017.897352
A-7    947.155101   3.467393     5.523672     8.991065   0.000000    943.687708
A-8   1000.000000   0.000000     5.831856     5.831856   0.000000   1000.000000
A-9   1000.000000   0.000000     5.831855     5.831855   0.000000   1000.000000
A-10  1000.000000   0.000000     5.831856     5.831856   0.000000   1000.000000
A-11   993.609769   0.757524     5.794589     6.552113   0.000000    992.852245
A-12   993.609768   0.757523     5.794589     6.552112   0.000000    992.852245
A-13   969.614988   0.956261     0.000000     0.956261   0.000000    968.658727
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    993.609768   0.757523     5.794588     6.552111   0.000000    992.852245
M-2    993.609770   0.757524     5.794589     6.552113   0.000000    992.852246
M-3    993.609768   0.757523     5.794589     6.552112   0.000000    992.852244
B-1    993.609769   0.757524     5.794588     6.552112   0.000000    992.852245
B-2    993.609776   0.757527     5.794588     6.552115   0.000000    992.852249
B-3    993.609773   0.757524     5.794587     6.552111   0.000000    992.852258

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:39                                        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                      112,207.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    25,224.65

SUBSERVICER ADVANCES THIS MONTH                                       52,376.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,516,276.43

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,035,468.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     861,807.89


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        848,068.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     537,263,644.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,818

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      891,653.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.07355950 %     4.74112800 %    1.18531260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.06371200 %     4.74302439 %    1.18728210 %

      BANKRUPTCY AMOUNT AVAILABLE                         209,026.00
      FRAUD AMOUNT AVAILABLE                           11,159,169.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,579,585.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.90062491
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.54

POOL TRADING FACTOR:                                                96.29097545


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


Run:        12/27/96     13:02:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    56,153,007.45     6.750000  %    348,953.04
A-2   760947UB5    39,034,000.00    35,950,153.88     6.750000  %    274,745.45
A-3   760947UC3     6,047,000.00     6,047,000.00     6.750000  %          0.00
A-4   760947UD1     5,000,000.00     4,872,825.55     6.750000  %     16,519.83
A-5   760947UE9       229,143.79       222,710.65     0.000000  %        819.61
R     760947UF6           100.00             0.00     6.750000  %          0.00
M-1   760947UG4     1,425,200.00     1,388,949.99     6.750000  %      4,708.81
M-2   760947UH2       570,100.00       555,599.49     6.750000  %      1,883.59
M-3   760947UJ8       570,100.00       555,599.49     6.750000  %      1,883.59
B-1                   570,100.00       555,599.49     6.750000  %      1,883.59
B-2                   285,000.00       277,751.01     6.750000  %        941.63
B-3                   285,969.55       278,695.86     6.750000  %        944.78
SPRE                        0.00             0.00     0.515596  %          0.00

- -------------------------------------------------------------------------------
                  114,016,713.34   106,857,892.86                    653,283.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       315,166.58    664,119.62             0.00         0.00  55,804,054.41
A-2       201,775.25    476,520.70             0.00         0.00  35,675,408.43
A-3        33,939.63     33,939.63             0.00         0.00   6,047,000.00
A-4        27,349.41     43,869.24             0.00         0.00   4,856,305.72
A-5             0.00        819.61             0.00         0.00     221,891.04
R               0.00          0.00             0.00         0.00           0.00
M-1         7,795.67     12,504.48             0.00         0.00   1,384,241.18
M-2         3,118.38      5,001.97             0.00         0.00     553,715.90
M-3         3,118.38      5,001.97             0.00         0.00     553,715.90
B-1         3,118.38      5,001.97             0.00         0.00     553,715.90
B-2         1,558.92      2,500.55             0.00         0.00     276,809.38
B-3         1,564.22      2,509.00             0.00         0.00     277,751.02
SPRED      45,812.01     45,812.01             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          644,316.83  1,297,600.75             0.00         0.00 106,204,608.88
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    935.883458   5.815884     5.252776    11.068660   0.000000    930.067574
A-2    920.995898   7.038619     5.169218    12.207837   0.000000    913.957279
A-3   1000.000000   0.000000     5.612639     5.612639   0.000000   1000.000000
A-4    974.565110   3.303966     5.469882     8.773848   0.000000    971.261144
A-5    971.925314   3.576837     0.000000     3.576837   0.000000    968.348477
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    974.564966   3.303964     5.469878     8.773842   0.000000    971.261002
M-2    974.564971   3.303964     5.469882     8.773846   0.000000    971.261007
M-3    974.564971   3.303964     5.469882     8.773846   0.000000    971.261007
B-1    974.564971   3.303964     5.469882     8.773846   0.000000    971.261007
B-2    974.564947   3.303965     5.469895     8.773860   0.000000    971.260983
B-3    974.564809   3.303778     5.469883     8.773661   0.000000    971.260821

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:41                                        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                       22,760.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,628.79

SUBSERVICER ADVANCES THIS MONTH                                        6,826.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     669,303.29

 (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                                                     106,204,608.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          376

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      290,987.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.61256700 %     2.34458200 %    1.04285130 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.60326760 %     2.34610626 %    1.04571420 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,140,167.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     644,114.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.56763374
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              166.59

POOL TRADING FACTOR:                                                93.14828131


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


Run:        12/27/96     13:02:44                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S9 (POOL # 4203)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4203 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947XB2   126,846,538.00   127,847,630.66     0.000000  %    142,592.12
A-2   760947WF4    20,813,863.00    20,116,558.56     7.250000  %    134,936.36
A-3   760947WG2     6,939,616.00     6,764,767.67     7.250000  %     33,560.39
A-4   760947WH0     3,076,344.00     2,922,912.44     6.100000  %     31,779.62
A-5   760947WJ6    74,488,122.00    74,488,122.00     6.300000  %          0.00
A-6   760947WK3    22,340,000.00    18,200,598.93     7.250000  %          0.00
A-7   760947WL1    30,014,887.00    29,863,458.22     7.250000  %     22,545.79
A-8   760947WM9    49,964,458.00    48,280,938.00     7.250000  %    323,134.81
A-9   760947WN7    16,853,351.00    16,853,351.00     7.250000  %          0.00
A-10  760947WP2    18,008,933.00    17,882,742.33     7.250000  %     18,788.16
A-11  760947WQ0     7,003,473.00     7,003,473.00     7.250000  %          0.00
A-12  760947WR8    95,117,613.00    91,684,923.31     7.250000  %    613,544.12
A-13  760947WS6    11,709,319.00    12,213,328.82     7.250000  %          0.00
A-14  760947WT4    67,096,213.00    63,749,813.38     6.730000  %    693,125.46
A-15  760947WU1     1,955,837.23     1,920,659.26     0.000000  %      1,815.94
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    13,116,689.14     7.250000  %      9,902.61
M-2   760947WY3     7,909,900.00     7,869,993.59     7.250000  %      5,941.55
M-3   760947WZ0     5,859,200.00     5,829,639.61     7.250000  %      4,401.16
B-1                 3,222,600.00     3,206,341.58     7.250000  %      2,420.67
B-2                 1,171,800.00     1,165,888.12     7.250000  %        880.20
B-3                 2,343,649.31     2,331,825.24     7.250000  %      1,760.46
SPRE                        0.00             0.00     0.373329  %          0.00

- -------------------------------------------------------------------------------
                  585,919,116.54   573,313,654.86                  2,041,129.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       560,111.14    702,703.26       301,564.77         0.00 128,006,603.31
A-2       121,518.83    256,455.19             0.00         0.00  19,981,622.20
A-3        40,864.19     74,424.58             0.00         0.00   6,731,207.28
A-4        14,855.85     46,635.47             0.00         0.00   2,891,132.82
A-5       391,002.44    391,002.44             0.00         0.00  74,488,122.00
A-6       109,945.02    109,945.02             0.00         0.00  18,200,598.93
A-7       180,397.29    202,943.08             0.00         0.00  29,840,912.43
A-8       291,652.43    614,787.24             0.00         0.00  47,957,803.19
A-9       101,806.66    101,806.66             0.00         0.00  16,853,351.00
A-10      108,024.94    126,813.10             0.00         0.00  17,863,954.17
A-11       42,306.14     42,306.14             0.00         0.00   7,003,473.00
A-12      553,844.49  1,167,388.61             0.00         0.00  91,071,379.19
A-13            0.00          0.00        73,777.50         0.00  12,287,106.32
A-14      357,475.16  1,050,600.62             0.00         0.00  63,056,687.92
A-15            0.00      1,815.94             0.00         0.00   1,918,843.32
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        79,234.46     89,137.07             0.00         0.00  13,106,786.53
M-2        47,540.56     53,482.11             0.00         0.00   7,864,052.04
M-3        35,215.32     39,616.48             0.00         0.00   5,825,238.45
B-1        19,368.67     21,789.34             0.00         0.00   3,203,920.91
B-2         7,042.83      7,923.03             0.00         0.00   1,165,007.92
B-3        14,085.94     15,846.40             0.00         0.00   2,330,064.78
SPRED     178,334.78    178,334.78             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,254,627.14  5,295,756.56       375,342.27         0.00 571,647,867.71
===============================================================================

































Run:        12/27/96     13:02:44
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   1007.892156   1.124131     4.415660     5.539791   2.377399   1009.145424
A-2    966.498077   6.483004     5.838360    12.321364   0.000000    960.015073
A-3    974.804322   4.836059     5.888538    10.724597   0.000000    969.968263
A-4    950.125357  10.330321     4.829060    15.159381   0.000000    939.795036
A-5   1000.000000   0.000000     5.249192     5.249192   0.000000   1000.000000
A-6    814.708994   0.000000     4.921442     4.921442   0.000000    814.708994
A-7    994.954878   0.751154     6.010261     6.761415   0.000000    994.203724
A-8    966.305649   6.467293     5.837198    12.304491   0.000000    959.838355
A-9   1000.000000   0.000000     6.040737     6.040737   0.000000   1000.000000
A-10   992.992885   1.043269     5.998409     7.041678   0.000000    991.949616
A-11  1000.000000   0.000000     6.040737     6.040737   0.000000   1000.000000
A-12   963.911104   6.450373     5.822733    12.273106   0.000000    957.460730
A-13  1043.043478   0.000000     0.000000     0.000000   6.300751   1049.344229
A-14   950.125358  10.330322     5.327799    15.658121   0.000000    939.795036
A-15   982.013856   0.928472     0.000000     0.928472   0.000000    981.085384
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    994.954877   0.751154     6.010260     6.761414   0.000000    994.203724
M-2    994.954878   0.751154     6.010261     6.761415   0.000000    994.203724
M-3    994.954876   0.751154     6.010261     6.761415   0.000000    994.203722
B-1    994.954875   0.751154     6.010262     6.761416   0.000000    994.203721
B-2    994.954873   0.751152     6.010266     6.761418   0.000000    994.203721
B-3    994.954847   0.751153     6.010259     6.761412   0.000000    994.203685

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:46                                        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                      119,511.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,739.33

SUBSERVICER ADVANCES THIS MONTH                                       55,423.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,617,345.92

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,286,309.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     413,358.55


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,384,146.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     571,647,867.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,981

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,232,778.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.13356870 %     4.69314900 %    1.17328270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.12087690 %     4.68751456 %    1.17582100 %

      BANKRUPTCY AMOUNT AVAILABLE                         202,281.00
      FRAUD AMOUNT AVAILABLE                           11,718,382.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,859,191.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89258725
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              347.71

POOL TRADING FACTOR:                                                97.56429711


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


Run:        12/27/96     13:02:46                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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   105,322,638.74     7.000000  %    734,695.47
A-2   760947WA5     1,458,253.68     1,421,727.31     0.000000  %      5,393.27
R     760947WB3           100.00             0.00     7.000000  %          0.00
M-1   760947WC1     1,442,000.00     1,409,581.16     7.000000  %      4,775.68
M-2   760947WD9       865,000.00       845,553.20     7.000000  %      2,864.75
M-3   760947WE7       288,000.00       281,525.22     7.000000  %        953.81
B-1                   576,700.00       563,734.71     7.000000  %      1,909.94
B-2                   288,500.00       282,013.98     7.000000  %        955.47
B-3                   288,451.95       281,967.16     7.000000  %        955.31
SPRE                        0.00             0.00     0.241422  %          0.00

- -------------------------------------------------------------------------------
                  115,330,005.63   110,408,741.48                    752,503.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       614,094.47  1,348,789.94             0.00         0.00 104,587,943.27
A-2             0.00      5,393.27             0.00         0.00   1,416,334.04
R               0.00          0.00             0.00         0.00           0.00
M-1         8,218.71     12,994.39             0.00         0.00   1,404,805.48
M-2         4,930.08      7,794.83             0.00         0.00     842,688.45
M-3         1,641.46      2,595.27             0.00         0.00     280,571.41
B-1         3,286.91      5,196.85             0.00         0.00     561,824.77
B-2         1,644.31      2,599.78             0.00         0.00     281,058.51
B-3         1,644.04      2,599.35             0.00         0.00     281,011.85
SPRED      22,202.14     22,202.14             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          657,662.12  1,410,165.82             0.00         0.00 109,656,237.78
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    956.409095   6.671590     5.576442    12.248032   0.000000    949.737505
A-2    974.951978   3.698444     0.000000     3.698444   0.000000    971.253534
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    977.518141   3.311845     5.699521     9.011366   0.000000    974.206297
M-2    977.518150   3.311850     5.699514     9.011364   0.000000    974.206301
M-3    977.518125   3.311840     5.699514     9.011354   0.000000    974.206285
B-1    977.518138   3.311843     5.699514     9.011357   0.000000    974.206294
B-2    977.518128   3.311854     5.699515     9.011369   0.000000    974.206274
B-3    977.518647   3.311851     5.699528     9.011379   0.000000    974.206796

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:47                                        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                       22,956.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,775.27

SUBSERVICER ADVANCES THIS MONTH                                        6,678.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     718,095.00

 (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                                                     109,656,237.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          400

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      378,221.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.63778710 %     2.32748800 %    1.03472500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.62604980 %     2.30544599 %    1.03833710 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,153,300.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     643,800.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44764581
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              167.66

POOL TRADING FACTOR:                                                95.08040616


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


Run:        12/27/96     13:02:48                                    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    69,313,150.56     5.837500  %  3,041,226.87
R                           0.00       603,201.10     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   91,183,371.00    69,916,351.66                  3,041,226.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         346,978.03  3,388,204.90             0.00         0.00  66,271,923.69
R               0.00          0.00       101,584.77         0.00     704,785.87

- -------------------------------------------------------------------------------
          346,978.03  3,388,204.90       101,584.77         0.00  66,976,709.56
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      760.151218  33.352867     3.805277    37.158144   0.000000    726.798351

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:48                                        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                       15,713.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       18,817.52
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,962,775.58

 (B)  TWO MONTHLY PAYMENTS:                                    1     637,935.40

 (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                                                      66,976,709.56

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          254

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,882,987.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          99.13725320 %     0.86274680 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.94771500 %     1.05228500 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23843423
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              337.27

POOL TRADING FACTOR:                                                73.45276757


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


Run:        12/27/96     13:02:49                                    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   180,284,263.59     7.500000  %    412,071.62
A-2   760947XD8    75,497,074.00    71,826,644.27     7.500000  %    240,427.11
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     6,202,873.51     0.000000  %      5,730.03
R     760947XL0           100.00             0.00     7.500000  %          0.00
M-1   760947XM8     9,380,900.00     9,340,812.16     7.500000  %      6,936.87
M-2   760947XN6     6,700,600.00     6,671,965.99     7.500000  %      4,954.88
M-3   760947XP1     5,896,500.00     5,871,302.22     7.500000  %      4,360.27
B-1                 2,948,300.00     2,935,700.89     7.500000  %      2,180.17
B-2                 1,072,100.00     1,067,518.54     7.500000  %        792.78
B-3                 2,144,237.43     2,135,074.35     7.500000  %      1,585.61
SPRE                        0.00             0.00     0.218831  %          0.00

- -------------------------------------------------------------------------------
                  536,050,225.54   525,839,081.52                    679,039.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,126,508.27  1,538,579.89             0.00         0.00 179,872,191.97
A-2       448,809.60    689,236.71             0.00         0.00  71,586,217.16
A-3       208,462.37    208,462.37             0.00         0.00  33,361,926.00
A-4       433,246.78    433,246.78             0.00         0.00  69,336,000.00
A-5       526,780.75    526,780.75             0.00         0.00  84,305,000.00
A-6       236,844.23    236,844.23             0.00         0.00  37,904,105.00
A-7        91,202.61     91,202.61             0.00         0.00  14,595,895.00
A-8             0.00      5,730.03             0.00         0.00   6,197,143.48
R               0.00          0.00             0.00         0.00           0.00
M-1        58,366.17     65,303.04             0.00         0.00   9,333,875.29
M-2        41,689.86     46,644.74             0.00         0.00   6,667,011.11
M-3        36,686.90     41,047.17             0.00         0.00   5,866,941.95
B-1        18,343.76     20,523.93             0.00         0.00   2,933,520.72
B-2         6,670.40      7,463.18             0.00         0.00   1,066,725.76
B-3        13,341.03     14,926.64             0.00         0.00   2,133,488.74
SPRED      95,868.54     95,868.54             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,342,821.27  4,021,860.61             0.00         0.00 525,160,042.18
===============================================================================

















































Run:        12/27/96     13:02:49
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    966.282717   2.208610     6.037829     8.246439   0.000000    964.074107
A-2    951.383153   3.184588     5.944728     9.129316   0.000000    948.198564
A-3   1000.000000   0.000000     6.248511     6.248511   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248511     6.248511   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248511     6.248511   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248511     6.248511   0.000000   1000.000000
A-7   1000.000000   0.000000     6.248511     6.248511   0.000000   1000.000000
A-8    979.542324   0.904872     0.000000     0.904872   0.000000    978.637452
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    995.726653   0.739467     6.221809     6.961276   0.000000    994.987186
M-2    995.726650   0.739468     6.221810     6.961278   0.000000    994.987182
M-3    995.726655   0.739467     6.221810     6.961277   0.000000    994.987187
B-1    995.726653   0.739467     6.221809     6.961276   0.000000    994.987186
B-2    995.726649   0.739465     6.221808     6.961273   0.000000    994.987184
B-3    995.726649   0.739466     6.221806     6.961272   0.000000    994.987174

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:50                                        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                      110,242.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,324.68

SUBSERVICER ADVANCES THIS MONTH                                       55,725.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   6,437,500.94

 (B)  TWO MONTHLY PAYMENTS:                                    2     729,895.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     587,636.67


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         34,954.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     525,160,042.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,824

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      288,101.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.60730920 %     4.21142300 %    1.18126750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.60432270 %     4.16403127 %    1.18192170 %

      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                          7.92403892
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              349.14

POOL TRADING FACTOR:                                                97.96843974


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


Run:        12/27/96     13:02:51                                    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    73,321,922.22     7.000000  %  1,405,607.97
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    19,588,219.36     7.000000  %     70,369.48
A-6   760947XV8     2,531,159.46     2,462,697.77     0.000000  %     11,122.13
R     760947XW6           100.00             0.00     7.000000  %          0.00
M-1   760947XX4     2,368,100.00     2,319,341.69     7.000000  %      8,332.09
M-2   760947XY2       789,000.00       772,754.77     7.000000  %      2,776.07
M-3   760947XZ9       394,500.00       386,377.39     7.000000  %      1,388.04
B-1                   789,000.00       772,754.77     7.000000  %      2,776.07
B-2                   394,500.00       386,377.39     7.000000  %      1,388.04
B-3                   394,216.33       386,099.59     7.000000  %      1,387.05
SPRE                        0.00             0.00     0.366228  %          0.00

- -------------------------------------------------------------------------------
                  157,805,575.79   150,791,544.95                  1,505,146.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       427,453.81  1,833,061.78             0.00         0.00  71,916,314.25
A-2        80,451.55     80,451.55             0.00         0.00  13,800,000.00
A-3       106,977.25    106,977.25             0.00         0.00  18,350,000.00
A-4       106,365.12    106,365.12             0.00         0.00  18,245,000.00
A-5       114,195.84    184,565.32             0.00         0.00  19,517,849.88
A-6             0.00     11,122.13             0.00         0.00   2,451,575.64
R               0.00          0.00             0.00         0.00           0.00
M-1        13,521.35     21,853.44             0.00         0.00   2,311,009.60
M-2         4,505.03      7,281.10             0.00         0.00     769,978.70
M-3         2,252.51      3,640.55             0.00         0.00     384,989.35
B-1         4,505.03      7,281.10             0.00         0.00     769,978.70
B-2         2,252.51      3,640.55             0.00         0.00     384,989.35
B-3         2,250.89      3,637.94             0.00         0.00     384,712.54
SPRED      45,992.31     45,992.31             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          910,723.20  2,415,870.14             0.00         0.00 149,286,398.01
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    919.397144  17.625178     5.359922    22.985100   0.000000    901.771966
A-2   1000.000000   0.000000     5.829822     5.829822   0.000000   1000.000000
A-3   1000.000000   0.000000     5.829823     5.829823   0.000000   1000.000000
A-4   1000.000000   0.000000     5.829823     5.829823   0.000000   1000.000000
A-5    979.410968   3.518474     5.709792     9.228266   0.000000    975.892494
A-6    972.952439   4.394085     0.000000     4.394085   0.000000    968.558354
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    979.410367   3.518471     5.709788     9.228259   0.000000    975.891897
M-2    979.410355   3.518466     5.709797     9.228263   0.000000    975.891889
M-3    979.410368   3.518479     5.709785     9.228264   0.000000    975.891889
B-1    979.410355   3.518466     5.709797     9.228263   0.000000    975.891889
B-2    979.410368   3.518479     5.709785     9.228264   0.000000    975.891889
B-3    979.410442   3.518474     5.709784     9.228258   0.000000    975.891945

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:51                                        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                       31,433.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,174.54

SUBSERVICER ADVANCES THIS MONTH                                        8,231.38
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     624,407.03

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     202,766.97


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     149,286,398.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          617

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      962,092.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.61312970 %     2.34510900 %    1.04176080 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.59095970 %     2.32169688 %    1.04858000 %

      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                          7.56359296
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              162.15

POOL TRADING FACTOR:                                                94.60147226


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


Run:        12/27/96     13:02:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    30,600,872.19     7.500000  %    240,401.78
A-2   760947YB1   105,040,087.00   102,064,318.81     7.500000  %    662,395.72
A-3   760947YC9     2,560,000.00     2,560,000.00     7.500000  %          0.00
A-4   760947YD7    33,579,740.00    33,415,095.05     7.500000  %     28,286.58
A-5   760947YE5     6,864,000.00     6,864,000.00     7.750000  %          0.00
A-6   760947YF2     1,536,000.00     1,536,000.00     6.000000  %          0.00
A-7   760947YG0    27,457,512.00    27,457,512.00     7.425000  %          0.00
A-8   760947YH8    13,002,000.00    13,002,000.00     7.500000  %          0.00
A-9   760947YJ4     3,150,000.00     3,150,000.00     7.500000  %          0.00
A-10  760947YK1     5,225,000.00     5,225,000.00     7.500000  %          0.00
A-11  760947YL9    10,498,532.00    10,201,110.34     8.000000  %     66,205.04
A-12  760947YM7    59,143,468.00    57,467,943.39     7.000000  %    372,965.99
A-13  760947YN5    16,215,000.00    15,755,631.75     6.037500  %    102,253.79
A-14  760947YP0             0.00             0.00     2.962500  %          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     9,531,797.00     0.000000  %     19,115.10
A-19  760947H53             0.00             0.00     0.207767  %          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    10,970,843.76     7.500000  %      9,287.05
M-2   760947YX3     3,675,000.00     3,656,981.09     7.500000  %      3,095.71
M-3   760947YY1     1,837,500.00     1,828,490.56     7.500000  %      1,547.86
B-1                 2,756,200.00     2,742,686.06     7.500000  %      2,321.74
B-2                 1,286,200.00     1,279,893.62     7.500000  %      1,083.46
B-3                 1,470,031.75     1,462,824.03     7.500000  %      1,238.33

- -------------------------------------------------------------------------------
                  367,497,079.85   360,617,999.65                  1,510,198.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       191,204.59    431,606.37             0.00         0.00  30,360,470.41
A-2       637,732.37  1,300,128.09             0.00         0.00 101,401,923.09
A-3        16,000.00     16,000.00             0.00         0.00   2,560,000.00
A-4       208,788.81    237,075.39             0.00         0.00  33,386,808.47
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       169,848.18    169,848.18             0.00         0.00  27,457,512.00
A-8        81,240.89     81,240.89             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       67,989.32    134,194.36             0.00         0.00  10,134,905.30
A-12      335,140.53    708,106.52             0.00         0.00  57,094,977.40
A-13       79,249.44    181,503.23             0.00         0.00  15,653,377.96
A-14       38,886.38     38,886.38             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       15,183.46     15,183.46             0.00         0.00   2,430,000.00
A-18            0.00     19,115.10             0.00         0.00   9,512,681.90
A-19       62,420.49     62,420.49             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        68,549.54     77,836.59             0.00         0.00  10,961,556.71
M-2        22,850.05     25,945.76             0.00         0.00   3,653,885.38
M-3        11,425.03     12,972.89             0.00         0.00   1,826,942.70
B-1        17,137.23     19,458.97             0.00         0.00   2,740,364.32
B-2         7,997.21      9,080.67             0.00         0.00   1,278,810.16
B-3         9,140.22     10,378.55             0.00         0.00   1,461,585.70

- -------------------------------------------------------------------------------
        2,253,981.24  3,764,179.39             0.00         0.00 359,107,801.50
===============================================================================



























Run:        12/27/96     13:02:52
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    965.910371   7.588234     6.035334    13.623568   0.000000    958.322137
A-2    971.670166   6.306123     6.071324    12.377447   0.000000    965.364043
A-3   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-4    995.096896   0.842370     6.217702     7.060072   0.000000    994.254526
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     6.185855     6.185855   0.000000   1000.000000
A-8   1000.000000   0.000000     6.248338     6.248338   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   971.670167   6.306124     6.476079    12.782203   0.000000    965.364043
A-12   971.670166   6.306123     5.666569    11.972692   0.000000    965.364043
A-13   971.670167   6.306123     4.887415    11.193538   0.000000    965.364043
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     6.248337     6.248337   0.000000   1000.000000
A-18   987.766533   1.980871     0.000000     1.980871   0.000000    985.785662
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    995.096895   0.842370     6.217702     7.060072   0.000000    994.254525
M-2    995.096895   0.842370     6.217701     7.060071   0.000000    994.254525
M-3    995.096903   0.842373     6.217703     7.060076   0.000000    994.254531
B-1    995.096894   0.842370     6.217702     7.060072   0.000000    994.254524
B-2    995.096890   0.842373     6.217703     7.060076   0.000000    994.254517
B-3    995.096895   0.842370     6.217702     7.060072   0.000000    994.254512

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:54                                        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                       74,988.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,315.32

SUBSERVICER ADVANCES THIS MONTH                                       33,249.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,841,096.34

 (B)  TWO MONTHLY PAYMENTS:                                    3     514,563.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     217,152.07


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     359,107,801.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,405

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,203,965.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.75033280 %     4.68725800 %    1.56240940 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.72899000 %     4.57867658 %    1.56774500 %

      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                          7.83685709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.48

POOL TRADING FACTOR:                                                97.71718503


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


Run:        12/27/96     13:02:57                                    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    33,077,046.71     7.750000  %  2,426,484.27
A-2   760947ZU8   108,005,000.00   104,583,468.26     7.500000  %  1,865,284.22
A-3   760947ZV6    22,739,000.00    22,054,693.66     6.037500  %    373,056.84
A-4   760947ZW4             0.00             0.00     2.962500  %          0.00
A-5   760947ZX2    25,743,000.00    25,743,000.00     8.500000  %          0.00
A-6   760947ZY0    77,229,000.00    77,229,000.00     7.500000  %          0.00
A-7   760947ZZ7     2,005,000.00     1,952,887.41     7.750000  %     28,409.73
A-8   760947A27     4,558,000.00     4,455,073.68     7.750000  %     56,111.37
A-9   760947A35     5,200,000.00     5,200,000.00     8.000000  %          0.00
A-10  760947A43     5,004,000.00     5,004,000.00     7.625000  %          0.00
A-11  760947A50    11,334,000.00    11,334,000.00     7.750000  %          0.00
A-12  760947A68     5,667,000.00     5,667,000.00     7.000000  %          0.00
A-13  760947A76    15,379,000.00    15,379,000.00     7.500000  %          0.00
A-14  760947A84     9,617,000.00     9,617,000.00     8.000000  %          0.00
A-15  760947A92    14,375,000.00    14,375,000.00     8.000000  %          0.00
A-16  760947B26    45,450,000.00    45,450,000.00     7.750000  %          0.00
A-17  760947B34    10,301,000.00    10,031,832.02     7.750000  %     54,872.32
A-18  760947B42    12,069,000.00    12,069,000.00     7.750000  %          0.00
A-19  760947B59     8,230,000.00     8,499,167.98     7.750000  %          0.00
A-20  760947B67    41,182,000.00    41,044,650.13     7.750000  %     27,852.54
A-21  760947B75    10,625,000.00    10,589,563.59     7.750000  %      7,185.99
A-22  760947B83     5,391,778.36     5,309,252.30     0.000000  %     21,388.19
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    10,074,885.89     7.750000  %      6,836.73
M-2   760947C41     6,317,900.00     6,296,828.60     7.750000  %      4,272.97
M-3   760947C58     5,559,700.00     5,541,157.33     7.750000  %      3,760.18
B-1                 2,527,200.00     2,518,771.30     7.750000  %      1,709.22
B-2                 1,263,600.00     1,259,385.65     7.750000  %        854.61
B-3                 2,022,128.94     2,015,384.74     7.750000  %      1,367.63
SPRE                        0.00             0.00     0.338562  %          0.00

- -------------------------------------------------------------------------------
                  505,431,107.30   496,371,049.25                  4,879,446.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       213,552.00  2,640,036.27             0.00         0.00  30,650,562.44
A-2       653,430.69  2,518,714.91             0.00         0.00 102,718,184.04
A-3       110,926.01    483,982.85             0.00         0.00  21,681,636.82
A-4        54,429.53     54,429.53             0.00         0.00           0.00
A-5       182,286.00    182,286.00             0.00         0.00  25,743,000.00
A-6       482,521.76    482,521.76             0.00         0.00  77,229,000.00
A-7        12,608.23     41,017.96             0.00         0.00   1,924,477.68
A-8        28,762.84     84,874.21             0.00         0.00   4,398,962.31
A-9        34,655.22     34,655.22             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       33,046.58     33,046.58             0.00         0.00   5,667,000.00
A-13       96,086.99     96,086.99             0.00         0.00  15,379,000.00
A-14       64,092.14     64,092.14             0.00         0.00   9,617,000.00
A-15       95,801.66     95,801.66             0.00         0.00  14,375,000.00
A-16      293,434.26    293,434.26             0.00         0.00  45,450,000.00
A-17       64,767.51    119,639.83             0.00         0.00   9,976,959.70
A-18       77,919.87     77,919.87             0.00         0.00  12,069,000.00
A-19            0.00          0.00        54,872.32         0.00   8,554,040.30
A-20      264,992.44    292,844.98             0.00         0.00  41,016,797.59
A-21       68,368.33     75,554.32             0.00         0.00  10,582,377.60
A-22            0.00     21,388.19             0.00         0.00   5,287,864.11
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        65,045.47     71,882.20             0.00         0.00  10,068,049.16
M-2        40,653.58     44,926.55             0.00         0.00   6,292,555.63
M-3        35,774.81     39,534.99             0.00         0.00   5,537,397.15
B-1        16,261.68     17,970.90             0.00         0.00   2,517,062.08
B-2         8,130.84      8,985.45             0.00         0.00   1,258,531.04
B-3        13,011.73     14,379.36             0.00         0.00   2,014,017.11
SPRED     139,997.49    139,997.49             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        3,255,552.66  8,134,999.47        54,872.32         0.00 491,546,474.76
===============================================================================



















Run:        12/27/96     13:02:57
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    881.396470  64.657969     5.690471    70.348440   0.000000    816.738500
A-2    968.320617  17.270351     6.050004    23.320355   0.000000    951.050267
A-3    969.906050  16.406035     4.878227    21.284262   0.000000    953.500014
A-5   1000.000000   0.000000     7.080993     7.080993   0.000000   1000.000000
A-6   1000.000000   0.000000     6.247935     6.247935   0.000000   1000.000000
A-7    974.008683  14.169441     6.288394    20.457835   0.000000    959.839242
A-8    977.418534  12.310524     6.310408    18.620932   0.000000    965.108010
A-9   1000.000000   0.000000     6.664465     6.664465   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     5.831406     5.831406   0.000000   1000.000000
A-13  1000.000000   0.000000     6.247935     6.247935   0.000000   1000.000000
A-14  1000.000000   0.000000     6.664463     6.664463   0.000000   1000.000000
A-15  1000.000000   0.000000     6.664463     6.664463   0.000000   1000.000000
A-16  1000.000000   0.000000     6.456199     6.456199   0.000000   1000.000000
A-17   973.869723   5.326893     6.287497    11.614390   0.000000    968.542831
A-18  1000.000000   0.000000     6.456199     6.456199   0.000000   1000.000000
A-19  1032.705708   0.000000     0.000000     0.000000   6.667354   1039.373062
A-20   996.664808   0.676328     6.434667     7.110995   0.000000    995.988480
A-21   996.664808   0.676328     6.434666     7.110994   0.000000    995.988480
A-22   984.694093   3.966816     0.000000     3.966816   0.000000    980.727277
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    996.664809   0.676328     6.434667     7.110995   0.000000    995.988481
M-2    996.664810   0.676328     6.434667     7.110995   0.000000    995.988482
M-3    996.664807   0.676328     6.434666     7.110994   0.000000    995.988480
B-1    996.664807   0.676330     6.434663     7.110993   0.000000    995.988477
B-2    996.664807   0.676330     6.434663     7.110993   0.000000    995.988477
B-3    996.664802   0.676327     6.434669     7.110996   0.000000    995.988470

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:02:58                                        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                      102,762.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       49,534.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,784,898.78

 (B)  TWO MONTHLY PAYMENTS:                                    3     611,662.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     256,086.41


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     491,546,474.76

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,793

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,486,999.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.35785600 %     4.46234500 %    1.17979890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.30599040 %     4.45491994 %    1.19064430 %

      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                          8.29087612
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              349.30

POOL TRADING FACTOR:                                                97.25291294


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


Run:        12/27/96     13:02:59                                    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    18,829,030.63     7.750000  %    362,528.96
A-2   760947E23    57,937,351.00    54,683,031.13     7.750000  %  1,526,523.83
A-3   760947E31    32,313,578.00    32,313,578.00     7.750000  %          0.00
A-4   760947E49    49,946,015.00    48,070,045.47     7.750000  %    879,972.57
A-5   760947E56    17,641,789.00    17,598,301.33     7.750000  %     11,177.48
A-6   760947E64    16,661,690.00    16,620,618.31     7.750000  %     10,556.51
A-7   760947E72    20,493,335.00    19,610,514.23     8.000000  %    414,110.17
A-8   760947E80    19,268,210.00    19,268,210.00     7.500000  %     71,805.94
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     4,606,108.92     7.750000  %    138,089.96
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       342,304.23     7.500000  %    342,304.23
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     4,276,394.21     7.750000  %    590,260.93
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     1,108,062.87     0.000000  %      1,027.52
R     760947F97           100.00             0.00     7.750000  %          0.00
M-1   760947G21     7,283,700.00     7,265,745.41     7.750000  %      4,614.80
M-2   760947G39     4,552,300.00     4,541,078.41     7.750000  %      2,884.24
M-3   760947G47     4,006,000.00     3,996,125.07     7.750000  %      2,538.12
B-1                 1,820,900.00     1,816,411.41     7.750000  %      1,153.69
B-2                   910,500.00       908,255.59     7.750000  %        576.87
B-3                 1,456,687.10     1,453,096.82     7.750000  %        922.93
SPRE                        0.00             0.00     0.577895  %          0.00

- -------------------------------------------------------------------------------
                  364,183,311.55   354,817,383.04                  4,361,048.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       121,590.45    484,119.41             0.00         0.00  18,466,501.67
A-2       353,121.42  1,879,645.25             0.00         0.00  53,156,507.30
A-3       208,668.33    208,668.33             0.00         0.00  32,313,578.00
A-4       310,417.38  1,190,389.95             0.00         0.00  47,190,072.90
A-5       113,642.89    124,820.37             0.00         0.00  17,587,123.85
A-6       107,329.39    117,885.90             0.00         0.00  16,610,061.80
A-7       130,722.02    544,832.19             0.00         0.00  19,196,404.06
A-8       120,412.73    192,218.67             0.00         0.00  19,196,404.06
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       29,744.44    167,834.40             0.00         0.00   4,468,018.96
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       12,161.60     12,161.60             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      121,961.06    121,961.06             0.00         0.00  18,886,422.00
A-17        2,139.16    344,443.39             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       27,615.27    617,876.20             0.00         0.00   3,686,133.28
A-21      126,581.90    126,581.90             0.00         0.00  19,601,988.00
A-22       95,039.41     95,039.41             0.00         0.00  14,717,439.00
A-23       54,022.11     54,022.11             0.00         0.00   8,365,657.00
A-24            0.00      1,027.52             0.00         0.00   1,107,035.35
R               0.00          0.00             0.00         0.00           0.00
M-1        46,919.32     51,534.12             0.00         0.00   7,261,130.61
M-2        29,324.49     32,208.73             0.00         0.00   4,538,194.17
M-3        25,805.40     28,343.52             0.00         0.00   3,993,586.95
B-1        11,729.67     12,883.36             0.00         0.00   1,815,257.72
B-2         5,865.16      6,442.03             0.00         0.00     907,678.72
B-3         9,383.52     10,306.45             0.00         0.00   1,452,173.89
SPRED     170,853.40    170,853.40             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,452,910.24  6,813,958.99             0.00         0.00 350,456,334.29
===============================================================================

















Run:        12/27/96     13:02:59
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    960.572299  18.494594     6.202997    24.697591   0.000000    942.077706
A-2    943.830365  26.347836     6.094884    32.442720   0.000000    917.482529
A-3   1000.000000   0.000000     6.457605     6.457605   0.000000   1000.000000
A-4    962.440056  17.618474     6.215058    23.833532   0.000000    944.821582
A-5    997.534963   0.633580     6.441687     7.075267   0.000000    996.901383
A-6    997.534963   0.633580     6.441687     7.075267   0.000000    996.901383
A-7    956.921566  20.207066     6.378758    26.585824   0.000000    936.714501
A-8   1000.000000   3.726653     6.249295     9.975948   0.000000    996.273347
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   939.927085  28.178772     6.069679    34.248451   0.000000    911.748313
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     6.457608     6.457608   0.000000   1000.000000
A-15  1000.000000   0.000000     6.458331     6.458331   0.000000   1000.000000
A-16  1000.000000   0.000000     6.457605     6.457605   0.000000   1000.000000
A-17   279.403514 279.403514     1.746075   281.149589   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   772.645628 106.646513     4.989441   111.635954   0.000000    665.999115
A-21  1000.000000   0.000000     6.457605     6.457605   0.000000   1000.000000
A-22  1000.000000   0.000000     6.457605     6.457605   0.000000   1000.000000
A-23  1000.000000   0.000000     6.457605     6.457605   0.000000   1000.000000
A-24   990.726698   0.918713     0.000000     0.918713   0.000000    989.807986
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.534963   0.633579     6.441688     7.075267   0.000000    996.901384
M-2    997.534963   0.633579     6.441687     7.075266   0.000000    996.901384
M-3    997.534965   0.633580     6.441687     7.075267   0.000000    996.901385
B-1    997.534961   0.633582     6.441688     7.075270   0.000000    996.901378
B-2    997.534970   0.633575     6.441691     7.075266   0.000000    996.901395
B-3    997.535311   0.633582     6.441685     7.075267   0.000000    996.901730

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:01                                        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                       73,724.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       31,896.89
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,327,916.83

 (B)  TWO MONTHLY PAYMENTS:                                    1     239,743.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     576,827.32


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     350,456,334.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,305

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                    4,135,482.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.35109240 %     4.46777800 %    1.18112910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.28422440 %     4.50638501 %    1.19511060 %

      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                          8.58602844
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.14

POOL TRADING FACTOR:                                                96.23075061


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


Run:        12/27/96     13:03:02                                    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    24,460,699.37     7.250000  %    335,430.65
A-2   760947C74    26,006,000.00    23,804,815.15     7.250000  %    300,337.94
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    17,035,825.45     7.250000  %     54,900.51
A-7   760947D40     1,820,614.04     1,781,775.91     0.000000  %      9,122.48
R     760947D57           100.00             0.00     7.250000  %          0.00
M-1   760947D65     1,515,800.00     1,496,979.21     7.250000  %      4,824.24
M-2   760947D73       606,400.00       598,870.69     7.250000  %      1,929.95
M-3   760947D81       606,400.00       598,870.69     7.250000  %      1,929.95
B-1                   606,400.00       598,870.69     7.250000  %      1,929.95
B-2                   303,200.00       299,435.35     7.250000  %        964.98
B-3                   303,243.02       299,477.82     7.250000  %        965.11
SPRE                        0.00             0.00     0.406451  %          0.00

- -------------------------------------------------------------------------------
                  121,261,157.06   117,566,620.33                    712,335.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       147,678.48    483,109.13             0.00         0.00  24,125,268.72
A-2       143,718.66    444,056.60             0.00         0.00  23,504,477.21
A-3       138,841.58    138,841.58             0.00         0.00  22,997,000.00
A-4        43,565.72     43,565.72             0.00         0.00   7,216,000.00
A-5        98,880.18     98,880.18             0.00         0.00  16,378,000.00
A-6       102,851.72    157,752.23             0.00         0.00  16,980,924.94
A-7             0.00      9,122.48             0.00         0.00   1,772,653.43
R               0.00          0.00             0.00         0.00           0.00
M-1         9,037.83     13,862.07             0.00         0.00   1,492,154.97
M-2         3,615.61      5,545.56             0.00         0.00     596,940.74
M-3         3,615.61      5,545.56             0.00         0.00     596,940.74
B-1         3,615.61      5,545.56             0.00         0.00     596,940.74
B-2         1,807.81      2,772.79             0.00         0.00     298,470.37
B-3         1,808.07      2,773.18             0.00         0.00     298,512.71
SPRED      39,792.62     39,792.62             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          738,829.50  1,451,165.26             0.00         0.00 116,854,284.57
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    953.559152  13.076199     5.756997    18.833196   0.000000    940.482953
A-2    915.358577  11.548794     5.526365    17.075159   0.000000    903.809783
A-3   1000.000000   0.000000     6.037378     6.037378   0.000000   1000.000000
A-4   1000.000000   0.000000     6.037378     6.037378   0.000000   1000.000000
A-5   1000.000000   0.000000     6.037378     6.037378   0.000000   1000.000000
A-6    987.584084   3.182638     5.962419     9.145057   0.000000    984.401446
A-7    978.667565   5.010661     0.000000     5.010661   0.000000    973.656904
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.583593   3.182636     5.962416     9.145052   0.000000    984.400957
M-2    987.583592   3.182635     5.962418     9.145053   0.000000    984.400957
M-3    987.583592   3.182635     5.962418     9.145053   0.000000    984.400957
B-1    987.583592   3.182635     5.962418     9.145053   0.000000    984.400957
B-2    987.583608   3.182652     5.962434     9.145086   0.000000    984.400957
B-3    987.583556   3.182629     5.962446     9.145075   0.000000    984.400923

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:03                                        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                       24,412.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,480.63

SUBSERVICER ADVANCES THIS MONTH                                        9,941.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     680,557.98

 (B)  TWO MONTHLY PAYMENTS:                                    1     342,585.22

 (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                                                     116,854,284.57

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          431

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      332,770.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.63815720 %     2.32735200 %    1.03449110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.62851470 %     2.29862042 %    1.03745820 %

      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                          7.84086989
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              170.10

POOL TRADING FACTOR:                                                96.36580040


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


Run:        12/27/96     13:03:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    59,949,915.93     5.975000  %    943,342.16
A-2   760947H79             0.00             0.00     3.025000  %          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    19,978,630.74     8.000000  %     12,684.20
A-6   760947J36    48,165,041.00    47,298,262.23     7.250000  %  1,257,789.56
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     2,232,616.08     0.000000  %      2,078.03
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     4,275,607.56     8.000000  %      2,714.53
M-2   760947K67     2,677,200.00     2,672,204.82     8.000000  %      1,696.55
M-3   760947K75     2,463,100.00     2,458,504.30     8.000000  %      1,560.88
B-1                 1,070,900.00     1,068,901.89     8.000000  %        678.63
B-2                   428,400.00       427,600.68     8.000000  %        271.48
B-3                   856,615.33       855,017.05     8.000000  %        542.84
SPRE                        0.00             0.00     0.303704  %          0.00

- -------------------------------------------------------------------------------
                  214,178,435.49   212,595,808.28                  2,223,358.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       298,379.73  1,241,721.89             0.00         0.00  59,006,573.77
A-2       151,062.55    151,062.55             0.00         0.00           0.00
A-3       217,952.45    217,952.45             0.00         0.00  33,761,149.00
A-4        33,202.80     33,202.80             0.00         0.00   4,982,438.00
A-5       133,136.93    145,821.13             0.00         0.00  19,965,946.54
A-6       285,644.60  1,543,434.16             0.00         0.00  46,040,472.67
A-7        61,957.29     61,957.29             0.00         0.00  10,255,000.00
A-8        43,029.45     43,029.45             0.00         0.00   7,125,000.00
A-9        46,720.21     46,720.21             0.00         0.00   7,733,000.00
A-10       18,729.17     18,729.17             0.00         0.00   3,100,000.00
A-11        6,187.03      6,187.03             0.00         0.00           0.00
A-12       26,705.19     26,705.19             0.00         0.00   4,421,960.00
A-13            0.00      2,078.03             0.00         0.00   2,230,538.05
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        28,492.51     31,207.04             0.00         0.00   4,272,893.03
M-2        17,807.49     19,504.04             0.00         0.00   2,670,508.27
M-3        16,383.39     17,944.27             0.00         0.00   2,456,943.42
B-1         7,123.12      7,801.75             0.00         0.00   1,068,223.26
B-2         2,849.52      3,121.00             0.00         0.00     427,329.20
B-3         5,697.80      6,240.64             0.00         0.00     854,474.21
SPRED      53,783.37     53,783.37             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,454,844.60  3,678,203.46             0.00         0.00 210,372,449.42
===============================================================================





































Run:        12/27/96     13:03:03
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    989.272540  15.566702     4.923758    20.490460   0.000000    973.705838
A-3   1000.000000   0.000000     6.455718     6.455718   0.000000   1000.000000
A-4   1000.000000   0.000000     6.663967     6.663967   0.000000   1000.000000
A-5    998.134178   0.633704     6.651533     7.285237   0.000000    997.500474
A-6    982.003986  26.114159     5.930538    32.044697   0.000000    955.889826
A-7   1000.000000   0.000000     6.041667     6.041667   0.000000   1000.000000
A-8   1000.000000   0.000000     6.039221     6.039221   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     6.039220     6.039220   0.000000   1000.000000
A-13   997.213272   0.928166     0.000000     0.928166   0.000000    996.285106
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    998.134177   0.633703     6.651534     7.285237   0.000000    997.500474
M-2    998.134177   0.633703     6.651535     7.285238   0.000000    997.500474
M-3    998.134181   0.633705     6.651533     7.285238   0.000000    997.500475
B-1    998.134177   0.633701     6.651527     7.285228   0.000000    997.500476
B-2    998.134174   0.633707     6.651541     7.285248   0.000000    997.500467
B-3    998.134192   0.633703     6.651527     7.285230   0.000000    997.500488

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:04                                        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                       44,326.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,527.34

SUBSERVICER ADVANCES THIS MONTH                                       29,087.38
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,578,950.84

 (B)  TWO MONTHLY PAYMENTS:                                    1     257,116.64

 (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                                                     210,372,449.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          799

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,088,134.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.41069700 %     4.47146500 %    1.11783800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.35463460 %     4.46842956 %    1.12905020 %

      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                          8.52219702
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              352.20

POOL TRADING FACTOR:                                                98.22298353


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


Run:        12/27/96     13:03:05                                    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    69,297,868.67     7.500000  %    306,554.85
A-2   760947K91    19,855,000.00    19,855,000.00     7.500000  %          0.00
A-3   760947L25    10,475,000.00    10,412,641.74     7.500000  %     31,141.70
A-4   760947L33     1,157,046.74     1,148,976.19     0.000000  %      4,165.43
R     760947L41           100.00             0.00     7.500000  %          0.00
M-1   760947L58     1,310,400.00     1,302,597.98     7.500000  %      3,895.76
M-2   760947L66       786,200.00       781,519.03     7.500000  %      2,337.33
M-3   760947L74       524,200.00       521,078.95     7.500000  %      1,558.42
B-1                   314,500.00       312,627.49     7.500000  %        934.99
B-2                   209,800.00       208,550.87     7.500000  %        623.73
B-3                   262,361.78       260,799.70     7.500000  %        779.99
SPRE                        0.00             0.00     0.345264  %          0.00

- -------------------------------------------------------------------------------
                  104,820,608.52   104,101,660.62                    351,992.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       432,943.37    739,498.22             0.00         0.00  68,991,313.82
A-2       124,045.53    124,045.53             0.00         0.00  19,855,000.00
A-3        65,053.72     96,195.42             0.00         0.00  10,381,500.04
A-4             0.00      4,165.43             0.00         0.00   1,144,810.76
R               0.00          0.00             0.00         0.00           0.00
M-1         8,138.08     12,033.84             0.00         0.00   1,298,702.22
M-2         4,882.59      7,219.92             0.00         0.00     779,181.70
M-3         3,255.47      4,813.89             0.00         0.00     519,520.53
B-1         1,953.16      2,888.15             0.00         0.00     311,692.50
B-2         1,302.93      1,926.66             0.00         0.00     207,927.14
B-3         1,629.37      2,409.36             0.00         0.00     260,019.71
SPRED      29,940.51     29,940.51             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          673,144.73  1,025,136.93             0.00         0.00 103,749,668.42
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    991.017199   4.383990     6.191451    10.575441   0.000000    986.633210
A-2   1000.000000   0.000000     6.247571     6.247571   0.000000   1000.000000
A-3    994.046944   2.972955     6.210379     9.183334   0.000000    991.073990
A-4    993.024871   3.600053     0.000000     3.600053   0.000000    989.424818
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    994.046078   2.972955     6.210379     9.183334   0.000000    991.073123
M-2    994.046082   2.972946     6.210366     9.183312   0.000000    991.073137
M-3    994.046070   2.972949     6.210359     9.183308   0.000000    991.073121
B-1    994.046073   2.972941     6.210366     9.183307   0.000000    991.073132
B-2    994.046092   2.972974     6.210343     9.183317   0.000000    991.073117
B-3    994.046084   2.972842     6.210394     9.183236   0.000000    991.073122

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:06                                        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                       21,679.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,507.46

SUBSERVICER ADVANCES THIS MONTH                                       27,363.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,450,165.41

 (B)  TWO MONTHLY PAYMENTS:                                    1     395,000.00

 (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                                                     103,749,668.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          389

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       40,311.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.70997020 %     2.53047900 %    0.75955090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.70869010 %     2.50353036 %    0.75984640 %

      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                          8.07301214
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              173.55

POOL TRADING FACTOR:                                                98.97831150


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


Run:        12/27/96     13:03:08                                    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    67,291,839.97     7.500000  %    906,343.84
A-4               105,985,000.00   106,023,757.03     0.000000  %    376,423.76
A-5   760947M32    26,381,000.00    25,334,962.01     6.775000  %  2,693,542.33
A-6   760947M40     4,255,000.00     4,086,284.20    13.795000  %    434,442.31
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    20,265,824.53     7.750000  %    874,343.18
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     1,315,872.98     0.000000  %      1,337.33
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     9,021,972.64     7.750000  %      5,656.81
M-2   760947N72     5,645,600.00     5,638,645.51     7.750000  %      3,535.45
M-3   760947N80     5,194,000.00     5,187,601.81     7.750000  %      3,252.65
B-1                 2,258,300.00     2,255,518.13     7.750000  %      1,414.22
B-2                   903,300.00       902,187.27     7.750000  %        565.67
B-3                 1,807,395.50     1,805,169.10     7.750000  %      1,131.85
SPRE                        0.00             0.00     0.578865  %          0.00

- -------------------------------------------------------------------------------
                  451,652,075.74   448,392,635.18                  5,301,989.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       309,740.44    309,740.44             0.00         0.00  52,409,000.00
A-2       431,813.81    431,813.81             0.00         0.00  70,579,000.00
A-3       420,104.52  1,326,448.36             0.00         0.00  66,385,496.13
A-4       419,457.89    795,881.65       330,374.60         0.00 105,977,707.87
A-5       142,877.30  2,836,419.63             0.00         0.00  22,641,419.68
A-6        46,922.80    481,365.11             0.00         0.00   3,651,841.89
A-7       129,164.42    129,164.42             0.00         0.00  20,022,000.00
A-8        77,503.81     77,503.81             0.00         0.00  12,014,000.00
A-9       130,737.35  1,005,080.53             0.00         0.00  19,391,481.35
A-10      190,733.93    190,733.93             0.00         0.00  29,566,000.00
A-11       63,982.25     63,982.25             0.00         0.00   9,918,000.00
A-12       30,675.10     30,675.10             0.00         0.00   4,755,000.00
A-13            0.00      1,337.33             0.00         0.00   1,314,535.65
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        58,201.87     63,858.68             0.00         0.00   9,016,315.83
M-2        36,375.60     39,911.05             0.00         0.00   5,635,110.06
M-3        33,465.86     36,718.51             0.00         0.00   5,184,349.16
B-1        14,550.63     15,964.85             0.00         0.00   2,254,103.91
B-2         5,820.13      6,385.80             0.00         0.00     901,621.60
B-3        11,645.37     12,777.22             0.00         0.00   1,804,037.25
SPRED     216,057.54    216,057.54             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,769,830.62  8,071,820.02       330,374.60         0.00 443,421,020.38
===============================================================================





































Run:        12/27/96     13:03:08
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     5.910062     5.910062   0.000000   1000.000000
A-2   1000.000000   0.000000     6.118163     6.118163   0.000000   1000.000000
A-3    978.463059  13.178774     6.108568    19.287342   0.000000    965.284285
A-4   1000.365684   3.551670     3.957710     7.509380   3.117183    999.931197
A-5    960.348812 102.101601     5.415917   107.517518   0.000000    858.247211
A-6    960.348813 102.101601    11.027685   113.129286   0.000000    858.247212
A-7   1000.000000   0.000000     6.451125     6.451125   0.000000   1000.000000
A-8   1000.000000   0.000000     6.451125     6.451125   0.000000   1000.000000
A-9    972.681763  41.965116     6.274891    48.240007   0.000000    930.716647
A-10  1000.000000   0.000000     6.451124     6.451124   0.000000   1000.000000
A-11  1000.000000   0.000000     6.451124     6.451124   0.000000   1000.000000
A-12  1000.000000   0.000000     6.451125     6.451125   0.000000   1000.000000
A-13   998.249663   1.014527     0.000000     1.014527   0.000000    997.235135
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    998.768157   0.626231     6.443178     7.069409   0.000000    998.141926
M-2    998.768158   0.626231     6.443177     7.069408   0.000000    998.141927
M-3    998.768157   0.626232     6.443177     7.069409   0.000000    998.141925
B-1    998.768157   0.626232     6.443178     7.069410   0.000000    998.141925
B-2    998.768150   0.626226     6.443186     7.069412   0.000000    998.141924
B-3    998.768172   0.626233     6.443177     7.069410   0.000000    998.141940

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:09                                        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                       92,894.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,951.19

SUBSERVICER ADVANCES THIS MONTH                                      109,620.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    50  14,100,670.36

 (B)  TWO MONTHLY PAYMENTS:                                    1     112,673.05

 (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                                                     443,421,020.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,591

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,690,212.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.45037260 %     4.43955500 %    1.11007210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.39150100 %     4.47335019 %    1.12184800 %

      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                          8.59820122
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              352.73

POOL TRADING FACTOR:                                                98.17756724


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


Run:        12/27/96     13:03:10                                    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    62,056,441.35     7.500000  %  1,211,123.70
A-2   760947R29     5,000,000.00     4,966,160.15     7.500000  %    134,569.30
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    10,418,927.58     7.500000  %     31,055.38
A-8   760947R86       929,248.96       926,195.93     0.000000  %      3,085.33
R     760947R94           100.00             0.00     7.500000  %          0.00
M-1   760947S28     1,570,700.00     1,566,028.39     7.500000  %      4,667.81
M-2   760947S36       784,900.00       782,565.54     7.500000  %      2,332.57
M-3   760947S44       418,500.00       417,255.29     7.500000  %      1,243.70
B-1                   313,800.00       312,866.69     7.500000  %        932.55
B-2                   261,500.00       260,722.24     7.500000  %        777.13
B-3                   314,089.78       313,155.59     7.500000  %        933.44
SPRE                        0.00             0.00     0.361661  %          0.00

- -------------------------------------------------------------------------------
                  104,668,838.74   104,285,318.75                  1,390,720.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       387,637.86  1,598,761.56             0.00         0.00  60,845,317.65
A-2        31,021.30    165,590.60             0.00         0.00   4,831,590.85
A-3        36,529.75     36,529.75             0.00         0.00   5,848,000.00
A-4        43,725.76     43,725.76             0.00         0.00   7,000,000.00
A-5        31,232.68     31,232.68             0.00         0.00   5,000,000.00
A-6        27,590.95     27,590.95             0.00         0.00   4,417,000.00
A-7        65,082.22     96,137.60             0.00         0.00  10,387,872.20
A-8             0.00      3,085.33             0.00         0.00     923,110.60
R               0.00          0.00             0.00         0.00           0.00
M-1         9,782.26     14,450.07             0.00         0.00   1,561,360.58
M-2         4,888.32      7,220.89             0.00         0.00     780,232.97
M-3         2,606.41      3,850.11             0.00         0.00     416,011.59
B-1         1,954.34      2,886.89             0.00         0.00     311,934.14
B-2         1,628.61      2,405.74             0.00         0.00     259,945.11
B-3         1,956.14      2,889.58             0.00         0.00     312,222.15
SPRED      31,412.54     31,412.54             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          677,049.14  2,067,770.05             0.00         0.00 102,894,597.84
===============================================================================

















































Run:        12/27/96     13:03:10
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    995.116200  19.421172     6.216030    25.637202   0.000000    975.695028
A-2    993.232030  26.913860     6.204260    33.118120   0.000000    966.318170
A-3   1000.000000   0.000000     6.246537     6.246537   0.000000   1000.000000
A-4   1000.000000   0.000000     6.246537     6.246537   0.000000   1000.000000
A-5   1000.000000   0.000000     6.246536     6.246536   0.000000   1000.000000
A-6   1000.000000   0.000000     6.246536     6.246536   0.000000   1000.000000
A-7    997.026563   2.971806     6.227964     9.199770   0.000000    994.054756
A-8    996.714519   3.320240     0.000000     3.320240   0.000000    993.394278
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.025778   2.971802     6.227962     9.199764   0.000000    994.053976
M-2    997.025787   2.971805     6.227953     9.199758   0.000000    994.053981
M-3    997.025783   2.971804     6.227981     9.199785   0.000000    994.053979
B-1    997.025781   2.971797     6.227980     9.199777   0.000000    994.053983
B-2    997.025774   2.971816     6.227954     9.199770   0.000000    994.053958
B-3    997.025723   2.971794     6.227965     9.199759   0.000000    994.053824

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:11                                        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                       21,758.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,667.68

SUBSERVICER ADVANCES THIS MONTH                                       26,305.16
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,793,219.85

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     102,894,597.84

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                    1,079,585.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.46611380 %     2.67596000 %    0.85792570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.42870120 %     2.68002908 %    0.86700840 %

      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                          8.08999700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              174.47

POOL TRADING FACTOR:                                                98.30490056


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


Run:        12/27/96     13:03:12                                    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    21,306,256.42     7.500000  %    257,873.94
A-2   760947P39    24,275,000.00    24,033,892.87     8.000000  %    290,887.07
A-3   760947P47    13,325,000.00    13,232,381.09     8.000000  %    111,741.38
A-4   760947P54     3,200,000.00     3,200,000.00     7.250000  %          0.00
A-5   760947P62    36,000,000.00    35,666,273.96     6.075000  %    402,628.45
A-6   760947P70             0.00             0.00     2.925000  %          0.00
A-7   760947P88    34,877,000.00    34,877,000.00     8.000000  %          0.00
A-8   760947P96    25,540,000.00    25,172,328.40     7.500000  %    443,582.55
A-9   760947Q20    20,140,000.00    20,053,963.10     7.500000  %    103,800.42
A-10  760947Q38    16,200,000.00    16,190,241.16     8.000000  %      9,864.46
A-11  760947S51     5,000,000.00     4,996,988.01     8.000000  %      3,044.59
A-12  760947S69       575,632.40       575,181.50     0.000000  %        451.86
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     4,232,848.23     8.000000  %      2,579.01
M-2   760947Q79     2,117,700.00     2,116,424.11     8.000000  %      1,289.50
M-3   760947Q87     2,435,400.00     2,433,932.70     8.000000  %      1,482.96
B-1                 1,058,900.00     1,058,262.03     8.000000  %        644.78
B-2                   423,500.00       423,244.85     8.000000  %        257.88
B-3                   847,661.00       847,150.30     8.000000  %        516.15
SPRE                        0.00             0.00     0.358219  %          0.00

- -------------------------------------------------------------------------------
                  211,771,393.40   210,416,368.73                  1,630,645.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       133,116.74    390,990.68             0.00         0.00  21,048,382.48
A-2       160,168.96    451,056.03             0.00         0.00  23,743,005.80
A-3        88,184.49    199,925.87             0.00         0.00  13,120,639.71
A-4        19,333.33     19,333.33             0.00         0.00   3,200,000.00
A-5       180,496.29    583,124.74             0.00         0.00  35,263,645.51
A-6        86,905.62     86,905.62             0.00         0.00           0.00
A-7       232,430.63    232,430.63             0.00         0.00  34,877,000.00
A-8       157,271.09    600,853.64             0.00         0.00  24,728,745.85
A-9       125,292.69    229,093.11             0.00         0.00  19,950,162.68
A-10      107,896.55    117,761.01             0.00         0.00  16,180,376.70
A-11       33,301.40     36,345.99             0.00         0.00   4,993,943.42
A-12            0.00        451.86             0.00         0.00     574,729.64
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        28,208.95     30,787.96             0.00         0.00   4,230,269.22
M-2        14,104.47     15,393.97             0.00         0.00   2,115,134.61
M-3        16,220.45     17,703.41             0.00         0.00   2,432,449.74
B-1         7,052.57      7,697.35             0.00         0.00   1,057,617.25
B-2         2,820.63      3,078.51             0.00         0.00     422,986.97
B-3         5,645.66      6,161.81             0.00         0.00     846,634.15
SPRED      62,790.35     62,790.35             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,461,240.87  3,091,885.87             0.00         0.00 208,785,723.73
===============================================================================







































Run:        12/27/96     13:03:12
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    990.067678  11.982990     6.185722    18.168712   0.000000    978.084688
A-2    990.067677  11.982990     6.598103    18.581093   0.000000    978.084688
A-3    993.049238   8.385845     6.617973    15.003818   0.000000    984.663393
A-4   1000.000000   0.000000     6.041666     6.041666   0.000000   1000.000000
A-5    990.729832  11.184124     5.013786    16.197910   0.000000    979.545709
A-7   1000.000000   0.000000     6.664295     6.664295   0.000000   1000.000000
A-8    985.604088  17.368150     6.157834    23.525984   0.000000    968.235938
A-9    995.728059   5.153943     6.221087    11.375030   0.000000    990.574115
A-10   999.397602   0.608917     6.660281     7.269198   0.000000    998.788685
A-11   999.397602   0.608917     6.660280     7.269197   0.000000    998.788685
A-12   999.216688   0.784980     0.000000     0.784980   0.000000    998.431708
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    999.397514   0.608918     6.660280     7.269198   0.000000    998.788596
M-2    999.397511   0.608915     6.660278     7.269193   0.000000    998.788596
M-3    999.397512   0.608918     6.660282     7.269200   0.000000    998.788593
B-1    999.397516   0.608915     6.660280     7.269195   0.000000    998.788601
B-2    999.397521   0.608926     6.660283     7.269209   0.000000    998.788595
B-3    999.397519   0.608923     6.660280     7.269203   0.000000    998.788608

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:13                                        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                       43,747.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,157.67

SUBSERVICER ADVANCES THIS MONTH                                       52,512.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    27   6,993,406.33

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     208,785,723.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          825

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,502,400.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.70463240 %     4.18564400 %    1.10972360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.66642380 %     4.20424032 %    1.11773080 %

      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                          8.62513678
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              355.17

POOL TRADING FACTOR:                                                98.59014496


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


Run:        12/27/96     13:03:13                                    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    38,006,979.00     5.975000  %    198,174.54
A-2   760947S85             0.00             0.00     3.025000  %          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     2,445,497.00     7.750000  %      1,513.61
A-8   760947T68     7,100,000.00     7,100,000.00     7.400000  %     51,857.52
A-9   760947T76     8,846,378.00     8,846,378.00     7.400000  %          0.00
A-10  760947T84   108,794,552.00   108,794,552.00     7.150000  %    567,272.41
A-11  760947T92    16,999,148.00    16,999,148.00     5.925000  %     88,636.31
A-12  760947U25             0.00             0.00     3.075000  %          0.00
A-13  760947U33             0.00             0.00     7.250000  %          0.00
A-14  760947U41       930,190.16       930,190.16     0.000000  %        764.24
R-I   760947U58           100.00           100.00     7.750000  %        100.00
R-II  760947U66           100.00           100.00     7.750000  %        100.00
M-1   760947U74     5,195,400.00     5,195,400.00     7.750000  %      3,215.63
M-2   760947U82     3,247,100.00     3,247,100.00     7.750000  %      2,009.75
M-3   760947U90     2,987,300.00     2,987,300.00     7.750000  %      1,848.95
B-1                 1,298,800.00     1,298,800.00     7.750000  %        803.88
B-2                   519,500.00       519,500.00     7.750000  %        321.54
B-3                 1,039,086.60     1,039,086.60     7.750000  %        643.13
SPRE                        0.00             0.00     0.468225  %          0.00

- -------------------------------------------------------------------------------
                  259,767,021.76   259,767,021.76                    917,261.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       189,236.50    387,411.04             0.00         0.00  37,808,804.46
A-2        95,805.93     95,805.93             0.00         0.00           0.00
A-3        80,049.30     80,049.30             0.00         0.00  13,250,000.00
A-4        44,560.95     44,560.95             0.00         0.00   6,900,000.00
A-5       142,139.54    142,139.54             0.00         0.00  22,009,468.00
A-6       130,437.15    130,437.15             0.00         0.00  20,197,423.00
A-7        15,793.28     17,306.89             0.00         0.00   2,443,983.39
A-8        43,781.81     95,639.33             0.00         0.00   7,048,142.48
A-9        54,550.76     54,550.76             0.00         0.00   8,846,378.00
A-10      648,211.67  1,215,484.08             0.00         0.00 108,227,279.59
A-11       83,930.37    172,566.68             0.00         0.00  16,910,511.69
A-12       43,558.81     43,558.81             0.00         0.00           0.00
A-13        7,270.83      7,270.83             0.00         0.00           0.00
A-14            0.00        764.24             0.00         0.00     929,425.92
R-I             0.65        100.65             0.00         0.00           0.00
R-II            0.65        100.65             0.00         0.00           0.00
M-1        33,552.46     36,768.09             0.00         0.00   5,192,184.37
M-2        20,970.12     22,979.87             0.00         0.00   3,245,090.25
M-3        19,292.31     21,141.26             0.00         0.00   2,985,451.05
B-1         8,387.79      9,191.67             0.00         0.00   1,297,996.12
B-2         3,354.98      3,676.52             0.00         0.00     519,178.46
B-3         6,710.54      7,353.67             0.00         0.00   1,038,443.53
SPRED     101,354.39    101,354.39             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,772,950.79  2,690,212.30             0.00         0.00 258,849,760.31
===============================================================================



































Run:        12/27/96     13:03:13
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   1000.000000   5.214162     4.978993    10.193155   0.000000    994.785838
A-3   1000.000000   0.000000     6.041457     6.041457   0.000000   1000.000000
A-4   1000.000000   0.000000     6.458109     6.458109   0.000000   1000.000000
A-5   1000.000000   0.000000     6.458109     6.458109   0.000000   1000.000000
A-6   1000.000000   0.000000     6.458109     6.458109   0.000000   1000.000000
A-7   1000.000000   0.618938     6.458106     7.077044   0.000000    999.381062
A-8   1000.000000   7.303876     6.166452    13.470328   0.000000    992.696124
A-9   1000.000000   0.000000     6.166451     6.166451   0.000000   1000.000000
A-10  1000.000000   5.214162     5.958126    11.172288   0.000000    994.785838
A-11  1000.000000   5.214162     4.937328    10.151490   0.000000    994.785838
A-14  1000.000000   0.821595     0.000000     0.821595   0.000000    999.178405
R-I   1000.000000 1000.00000     6.500000  1006.500000   0.000000      0.000000
R-II  1000.000000 1000.00000     6.500000  1006.500000   0.000000      0.000000
M-1   1000.000000   0.618938     6.458109     7.077047   0.000000    999.381062
M-2   1000.000000   0.618937     6.458107     7.077044   0.000000    999.381063
M-3   1000.000000   0.618937     6.458109     7.077046   0.000000    999.381063
B-1   1000.000000   0.618941     6.458107     7.077048   0.000000    999.381059
B-2   1000.000000   0.618941     6.458094     7.077035   0.000000    999.381059
B-3   1000.000000   0.618938     6.458114     7.077052   0.000000    999.381116

_______________________________________________________________________________


DETERMINATION DATE       20-December-96 
DISTRIBUTION DATE        26-December-96 

Run:     12/27/96     13:03:15                                        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                       54,131.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,711.73

SUBSERVICER ADVANCES THIS MONTH                                        7,552.01
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,024,031.71

 (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                                                     258,849,760.31

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          954

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      756,372.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.48023430 %     4.41583200 %    1.10393350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.46404880 %     4.41287860 %    1.10717060 %

      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                          8.48477393
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              356.69

POOL TRADING FACTOR:                                                99.64689072

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




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