RESIDENTIAL FUNDING MORTGAGE SECURITIES I INC
8-K, 1997-04-07
ASSET-BACKED SECURITIES
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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                    Form 8-K


                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                Date of Report (Date of earliest event reported)
                                 March 25, 1997


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

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

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

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

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


<PAGE>






Item 5.  Other Events

See the respective monthly reports, each reflecting the required information for
the March  1997  distribution  to  holders  of the  following  series of Conduit
Mortgage Pass-Through Certificates.

Master Serviced by GMACM Pennsylvania

Series 1986-1
Series 1986-4

Master Serviced by Residential Funding Corporation

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


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:  March 25, 1997


<PAGE>




                          GMAC MORTGAGE CORPORATION
                          100WITMER ROAD, P.O.BOX 963
                          HORHSAM, PA 19044-0963
                 SERIES 1986-1 HF
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

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

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

SCHEDULED INSTALLMENTS OF:     03/01/97
        GROSS INTEREST RATE:  12.142881
          NET INTEREST RATE:  10.000000
        TOTAL NUMBER OF LOANS:       10
REPORT DATE: 03/25/97


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

GROSS INTEREST                             15,917.69    15,917.69    15,917.69
    LESS SERVICE FEE                        2,853.23     2,853.23     2,853.23
NET INTEREST                               13,064.46    13,064.46    13,064.46
PAYOFF NET INTEREST                           866.27       866.27       866.27
   PLUS REO NET INT GAIN                        0.00         0.00         0.00
   LESS REO REIMBURSEMENT                       0.00         0.00         0.00
PRINCIPAL INSTALLMENT                       1,834.08     1,834.08     1,834.08
  ADDITIONAL PRINCIPAL                          0.00         0.00         0.00
  PAYOFF PRINCIPAL                        137,461.76   137,461.76   137,461.76
  REO PRINCIPAL                                 0.00         0.00         0.00
      ADJUSTMENT + OR-                          0.00         0.00         0.00
        TOTAL REMITTANCE                  153,226.57   153,226.57   153,226.57


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE         1,710,500.94 1,710,500.94 1,710,500.94
    LESS PAYOFF PRINCIPAL BALANCE         137,461.76   137,461.76   137,461.76
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      1,573,039.18 1,573,039.18 1,573,039.18
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                    1,834.08     1,834.08     1,834.08
  PRINCIPAL PREPAYMENT
    ADDITIONAL PRINCIPAL                        0.00         0.00         0.00
    PAYOFF PRINCIPAL                      137,461.76   137,461.76   137,461.76
    REO PRINCIPAL                               0.00         0.00         0.00
    PRINCIPAL ADJUSTMENT + OR -                 0.00         0.00         0.00
3)  TOTAL PRINCIPAL REMITTANCE            139,295.84   139,295.84   139,295.84
ENDING PRINCIPAL BALANCE                1,571,205.10 1,571,205.10 1,571,205.10


***SECTION 3***DELINQUENCY DATA

                 #LOANS   AGGREGATGE PR BAL
                 DELINQ   ON LOANS DELINQ
30-59 DAYS              1    110,408.08
  PRINCIPAL                                   262.36       262.36       262.36
  INTEREST                                  2,275.82     2,275.82     2,275.82
60-89 DAYS              1    149,390.69
  PRINCIPAL                                   552.86       552.86       552.86
  INTEREST                                  4,243.09     4,243.09     4,243.09
OVER 90 DAYS            0          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
FORECLOSURE             1          0.00
  PRINCIPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
REO                     0    193,864.80
  PRINICPAL                                10,164.49    10,164.49    10,164.49
  INTEREST                                116,191.51   116,191.51   116,191.51
        TOTAL           3    453,663.57   133,690.13   133,690.13   133,690.13


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

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

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
         THROUGH DEPARTMENT (215-682-1909)
- -------------------------------------------------------------------------------
<PAGE>

                          GMAC MORTGAGE CORPORATION
                          100 WITMER ROAD, P.O.BOX 963
                          HORSHAM, PA 19044-0963
                 SERIES 1986-4 HL
                 PARTICIPATION CERTIFICATE REMITTANCE ADVICE

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

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

SCHEDULED INSTALLMENTS OF:     03/01/97
        GROSS INTEREST RATE:  12.403772
          NET INTEREST RATE:  10.25
        TOTAL NUMBER OF LOANS:       6
REPORT DATE: 03/25/97


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

GROSS INTEREST                              6,043.09     6,043.09     6,043.09
    LESS SERVICE FEE                        1,049.31     1,049.31     1,049.31
NET INTEREST                                4,993.78     4,993.78     4,993.78
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                         703.92       703.92       703.92
  ADDITIONAL PRINCIPAL                          0.00         0.00         0.00
  PAYOFF PRINCIPAL                              0.00         0.00         0.00
  REO PRINCIPAL                                 0.00         0.00         0.00
      ADJUSTMENT + OR-                          0.00         0.00         0.00
        TOTAL REMITTANCE                    5,697.70     5,697.70     5,697.70


***SECTION 2***PRINCIPAL BALANCE DATA

1)  BEGINNING PRINCIPAL BALANCE           584,637.78   584,637.78   584,637.78
    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        584,637.78   584,637.78   584,637.78
  PRINCIPAL REMITTANCE:
    REGULAR INSTALLMENTS                      703.92       703.92       703.92
  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                703.92       703.92       703.92
ENDING PRINCIPAL BALANCE                  583,933.86   583,933.86   583,933.86


***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                                 1,676.24     1,676.24     1,676.24
  INTEREST                                 25,503.36    25,503.36    25,503.36
REO                     0          0.00
  PRINICPAL                                     0.00         0.00         0.00
  INTEREST                                      0.00         0.00         0.00
        TOTAL           1     74,862.29    27,179.60    27,179.60    27,179.60


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

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

IF ANY QUESTIONS, CONTACT CONVENTIONAL PASS
          THROUGH DEPARTMENT (215-682-1909)
- -------------------------------------------------------------------------------
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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1986-12  (POOL  3010)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3010                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483AN6   51,185,471.15        409,369.66      8.0000           712.77  
STRIP                      0.00              0.00      1.4203             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  51,185,471.15        409,369.66                       712.77  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            2,729.13          0.00         3,441.90        0.00       408,656.89
STRIP         484.54          0.00           484.54        0.00             0.00
                                                                                
            3,213.67          0.00         3,926.44        0.00       408,656.89
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
        7.997771   0.013925     0.053318      0.000000      0.067243    7.983845
STRIP   0.000000   0.000000     0.009466      0.000000      0.009466    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
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                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1986-12 (POOL 3010)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       85.29 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   153.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                     408,656.89 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                           409,034.43 
                                                                                
    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              612.77 
                                                                                
       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                        10.1203% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.007983845 

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

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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      1,363,714.04      8.0000       169,423.44  
STRIP                      0.00              0.00      1.5635             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  50,250,749.71      1,363,714.04                   169,423.44  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            8,709.66          0.00       178,133.10        0.00     1,194,290.60
STRIP       1,713.73          0.00         1,713.73        0.00             0.00
                                                                                
           10,423.39          0.00       179,846.83        0.00     1,194,290.60
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       27.138183   3.371560     0.173324      0.000000      3.544884   23.766623
STRIP   0.000000   0.000000     0.034104      0.000000      0.034104    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                      379.69 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   473.59 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,280.63 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    291,520.15 
      (B)  TWO MONTHLY PAYMENTS:                                1    166,048.11 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,194,290.60 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         1,197,271.12 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                   8      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      167,213.85 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     208.20 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,001.39 
                                                                                
       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                        10.3563% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.023766623 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1987-1  (POOL  3029)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3029                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      795483BA3   96,428,600.14      4,773,228.98      8.5000         7,734.92  
STRIP                      0.00              0.00      0.8797             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  96,428,600.14      4,773,228.98                     7,734.92  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           33,810.37          0.00        41,545.29        0.00     4,765,494.06
STRIP       3,499.14          0.00         3,499.14        0.00             0.00
                                                                                
           37,309.51          0.00        45,044.43        0.00     4,765,494.06
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       49.500138   0.080214     0.350626      0.000000      0.430840   49.419924
STRIP   0.000000   0.000000     0.036287      0.000000      0.036287    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    2,214.61 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,571.19 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,081.07 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    577,731.17 
      (B)  TWO MONTHLY PAYMENTS:                                1    139,175.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    140,667.05 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,765,494.06 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         4,778,704.65 
                                                                                
    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                     931.41 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,803.51 
                                                                                
       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                        10.3314% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.049419924 

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

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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      2,338,309.36      6.5000       229,633.23  
STRIP                      0.00              0.00      2.8931             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  99,525,248.34      2,338,309.36                   229,633.23  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           12,407.43          0.00       242,040.66        0.00     2,108,676.13
STRIP       5,513.74          0.00         5,513.74        0.00             0.00
                                                                                
           17,921.17          0.00       247,554.40        0.00     2,108,676.13
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       23.494635   2.307286     0.124666      0.000000      2.431952   21.187349
STRIP   0.000000   0.000000     0.055400      0.000000      0.055400    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                      800.42 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   740.61 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,203.98 
    MASTER SERVICER ADVANCES THIS MONTH                                1,447.26 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    155,790.94 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    177,124.49 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,108,676.13 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         1,964,202.50 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  11      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             148,819.33 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      226,141.82 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     343.76 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,147.65 
                                                                                
       MORTGAGE POOL INSURANCE                             7,415,287.39         
       SPECIAL HAZARD LOSS COVERAGE                          976,420.16         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.2562% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.021187349 

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

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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      6,336,967.66      7.0000        12,141.39  
STRIP                      0.00              0.00      1.9580             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 106,883,729.60      6,336,967.66                    12,141.39  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           36,965.64          0.00        49,107.03        0.00     6,324,826.27
STRIP      10,340.01          0.00        10,340.01        0.00             0.00
                                                                                
           47,305.65          0.00        59,447.04        0.00     6,324,826.27
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       59.288422   0.113594     0.345849      0.000000      0.459443   59.174828
STRIP   0.000000   0.000000     0.096741      0.000000      0.096741    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    2,537.93 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,191.53 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,219.41 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    163,828.51 
      (B)  TWO MONTHLY PAYMENTS:                                1    186,176.09 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   6,324,826.27 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         6,334,677.49 
                                                                                
    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                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,184.25 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           10,957.14 
                                                                                
       MORTGAGE POOL INSURANCE                             6,565,698.13         
       SPECIAL HAZARD LOSS COVERAGE                          973,390.58         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.8537% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.059174828 

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

SEC REPORT
DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/13/97       10:27 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                             CLASS A       STRIP
CUSIP Number                          795483BD7               NA
Tot Principal and Interest Distr            9,558.41    3,667.88

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 1,577.65
Total Principal Prepayments                    23.11
Principal Payoffs-In-Full                       0.00
Principal Curtailments                         23.11
Principal Liquidations                          0.00
Scheduled Principal Due                     1,554.54

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                  7,980.76    3,667.88
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        117,952,531.57
Current Period BEGINNING Prin Bal       1,126,696.17
Current Period ENDING Prin Bal          1,125,118.52
Change in Principal Balance                 1,577.65

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.013375
Interest Distributed                        0.067661
Total Distribution                          0.081036
Total Principal Prepayments                 0.000196
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                 9.552115
ENDING Principal Balance                    9.538740

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.500000%   1.511399%
Subordinated Unpaid Amounts
Period Ending Class Percentages            38.689185%
Prepayment Percentages                     38.689184%
Trading Factors                             0.953874%
Certificate Denominations                      1,000
Sub-Servicer Fees                             391.74
Master Servicer Fees                          140.84
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Principal and Interest Distr           12,717.00       28.01      25,971.30

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 2,156.87                   3,734.52
Total Principal Prepayments                    36.63                      59.74
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         36.63                      59.74
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,463.49                   4,018.03

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,560.13       28.01      22,236.78
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Paid                  0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,878,147.54             126,830,679.11
Current Period BEGINNING Prin Bal       1,785,477.31               2,912,173.48
Current Period ENDING Prin Bal          1,782,977.19               2,908,095.71
Change in Principal Balance                 2,500.12                   4,077.77

PER CERTIFICATE DATA BY CLASS
Principal Distributed                      60.735361
Interest Distributed                      297.362990
Total Distribution                        358.098352
Total Principal Prepayments                 1.031465
Current Period Interest Shortfall
BEGINNING Principal Balance               201.109218
ENDING Principal Balance                  200.827614

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.380000%   0.120000%
Subordinated Unpaid Amounts               578,412.83    2,956.03     581,368.86
Period Ending Class Percentages            61.310815%
Prepayment Percentages                     61.310816%
Trading Factors                            20.082761%                  2.292896%
Certificate Denominations                    250,000
Sub-Servicer Fees                             620.80                   1,012.54
Master Servicer Fees                          223.18                     364.02
Percentage Interest
Current Period Master Servicer Advance                                     0.00

MISCELLANEOUS POOL DATA

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


                                              Unpaid      Number
POOL DELINQUENCY DATA                       Prin Bal    of Loans
Loans Delinquent ONE Payment                    0.00           0
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments         468,284.26           1
Tot Unpaid Principal on Delinq Loans      468,284.26           1
Loans in Foreclosure, INCL in Delinq      468,284.26           1
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments           21.0029%
Loans in Pool                                     18
Current Period Sub-Servicer Fee             1,012.54
Current Period Master Servicer Fee            364.02
Aggregate REO Losses                     (509,401.82)
 ................................................................................

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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      7,133,483.54      8.5000        12,049.70  
STRIP                      0.00              0.00      0.3205             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 126,773,722.44      7,133,483.54                    12,049.70  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           50,528.84          0.00        62,578.54        0.00     7,121,433.84
STRIP       1,905.16          0.00         1,905.16        0.00             0.00
                                                                                
           52,434.00          0.00        64,483.70        0.00     7,121,433.84
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       56.269418   0.095049     0.398575      0.000000      0.493624   56.174369
STRIP   0.000000   0.000000     0.015028      0.000000      0.015028    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1987-6 (POOL 3042)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,930.90 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,436.46 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,856.71 
    MASTER SERVICER ADVANCES THIS MONTH                                3,910.58 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    603,467.31 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    103,744.97 
      (D)  LOANS IN FORECLOSURE                                 1    135,695.30 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   7,121,433.84 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         6,737,662.56 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  36      
                                                                                
    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             448,488.59 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     510.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           11,538.91 
                                                                                
       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                         9.7845% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.056174369 

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

SEC REPORT
DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/17/97       08:59 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AH1               NA
Total Princ and Interest Distributed      157,418.49        0.00

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed               141,818.89
Total Principal Prepayments                   682.65
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        682.65
Principal Liquidations                    113,299.84
Scheduled Principal Due                    27,836.40

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 15,599.60        0.00
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         72,064,664.88
Current Period BEGINNING Princ Balance  2,139,374.31
Current Period ENDING Princ Balance     1,997,555.42
Change in Principal Balance               141,818.89

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       1.967939
Interest Distributed                        0.216467
Total Distribution                          2.184406
Total Principal Prepayments                 1.581670
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                29.686870
ENDING Principal Balance                   27.718930

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               8.750000%   0.000000%
Subordinated Unpaid Amounts
Period Ending Class Percentages            75.306472%
Prepayment Percentages                     75.306471%
Trading Factors                             2.771893%
Certificate Denominations                      1,000
Sub-Servicer Fees                             558.20
Master Servicer Fees                          357.20
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed      139,407.20      189.19     297,014.88

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                46,169.07                 187,987.96
Total Principal Prepayments                   223.85                     906.50
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                        223.85                     906.50
Principal Liquidations                    130,180.40                 243,480.24
Scheduled Principal Due                     7,208.06                  35,044.46

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 93,238.13      189.19     109,026.92
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    701,516.08               2,840,890.39
Current Period ENDING Princ Balance       655,012.65               2,652,568.07
Change in Principal Balance                46,503.43                 188,322.32

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   3,399.066193
Interest Distributed                    6,864.391584
Total Distribution                     10,263.457776
Total Principal Prepayments                16.480318
Current Period Interest Shortfall
BEGINNING Principal Balance               206.588488
ENDING Principal Balance                  192.893758

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.690000%   0.060000%
Subordinated Unpaid Amounts               118,867.60      161.31     119,028.91
Period Ending Class Percentages            24.693528%
Prepayment Percentages                     24.693529%
Trading Factors                            19.289376%                  3.515180%
Certificate Denominations                    250,000
Sub-Servicer Fees                             183.04                     741.24
Master Servicer Fees                          117.13                     474.33
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             655,012.65

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         155,430.40           2
Tot Unpaid Princ on Delinquent Loans      155,430.40           2
Loans in Foreclosure, INCL in Delinq      155,430.40           2
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
Six Month Average Delinq 2+ Pmts             14.2455%

Loans in Pool                                     37
Curr Period Sub-Servicer Fee                  741.24
Curr Period Master Servicer Fee               474.33

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

SEC REPORT
DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/13/97       11:12 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920AK4               NA
Total Princ and Interest Distributed       25,477.81      725.20

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 4,467.43
Total Principal Prepayments                   152.62
Principal Payoffs-In-Full                       0.00
Principal Curtailments                        152.62
Principal Liquidations                          0.00
Scheduled Principal Due                     4,314.81

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 21,010.38      725.20
Prepayment Interest Shortfall                   0.00        0.00
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance         95,187,665.32
Curr Period BEGINNING Princ Balance     2,801,383.79
Curr Period ENDING Princ Balance        2,796,916.36
Change in Principal Balance                 4,467.43

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.046933
Interest Distributed                        0.220726
Total Distribution                          0.267659
Total Principal Prepayments                 0.001603
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                29.430113
ENDING Principal Balance                   29.383181

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               9.000000%   0.205099%
Subordinated Unpaid Amounts
Period Ending Class Percentages            66.023163%
Prepayment Percentages                     66.023163%
Trading Factors                             2.938318%
Certificate Denominations                      1,000
Sub-Servicer Fees                             708.30
Master Servicer Fees                          291.81
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       13,104.14        7.25      39,314.40

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                 2,299.03                   6,766.46
Total Principal Prepayments                    78.54                     231.16
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                         78.54                     231.16
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                     2,220.49                   6,535.30

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 10,805.11        7.25      32,547.94
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)          0.00                       0.00
Remaining Unpaid Interest Shortfall             0.00                       0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          5,807,205.05             100,994,870.37
Curr Period BEGINNING Princ Balance     1,441,647.99               4,243,031.78
Curr Period ENDING Princ Balance        1,439,348.96               4,236,265.32
Change in Principal Balance                 2,299.03                   6,766.46


PER CERTIFICATE DATA BY CLASS
Principal Distributed                      98.973171
Interest Distributed                      465.159655
Total Distribution                        564.132827
Total Principal Prepayments                 3.381145
Current Period Interest Shortfall
BEGINNING Principal Balance               248.251608
ENDING Principal Balance                  247.855715

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               8.980000%   0.020000%
Subordinated Unpaid Amounts               372,379.36      327.50     372,706.86
Period Ending Class Percentages            33.976837%
Prepayment Percentages                     33.976837%
Trading Factors                            24.785572%                  4.194535%
Certificate Denominations                    250,000
Sub-Servicer Fees                             364.51                   1,072.81
Master Servicer Fees                          150.17                     441.98
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              341,467.19           3
Loans Delinquent TWO Payments                   0.00           0
Loans Delinquent THREE + Payments               0.00           0
Total Unpaid Principal on Delinq Loans    341,467.19           3
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           5.7934%

Loans in Pool                                     30
Current Period Sub-Servicer Fee             1,072.81
Current Period Master Servicer Fee            441.98

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

CONDUIT SENIOR MORTGAGE PASS-THROUGH CERTIFICATES                   13-Mar-97
1987-SA1, CLASS A, 7.74874635% PASS-THROUGH RATE (POOL 4009)         2:00 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MARCH 20, 1997
DISTRIBUTION  DATE: MARCH 25, 1997
ORIGINAL POOL BALANCE:            $43,895,323.25

BEGINNING POOL BALANCE                                          $3,313,961.25
ENDING POOL BALANCE                                             $3,306,440.94
PRINCIPAL DISTRIBUTIONS                                             $7,520.31

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                   $1,807.05
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 03/01                    $5,713.26
                                                     $7,520.31

INTEREST DUE ON BEG POOL BALANCE                    $21,399.20
PREPAYMENT INTEREST SHORTFALL                            $0.00
                                                                   $21,399.20

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $28,621.20

UNPAID INTEREST SHORTFALL                                               $0.00
ADVANCE BY MASTER SERVICER                                              $0.00

RFC MANAGEMENT FEE                                                    $345.20

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               56.343775%

TOTAL PRINCIPAL PASS-THROUGH PER SINGLE CERTIFICATE              $0.171323718
TOTAL INTEREST PASS-THROUGH PER SINGLE CERTIFICATE               $0.487505238
TOTAL PRINCIPAL PREPAYMENT PASS-THROUGH PER SINGLE CERTIFICATE   $0.041167256

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,868,334.04

TRADING FACTOR                                                    0.075325586

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

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $120,722.50
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                  $0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,970.63
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00

CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             13-Mar-97
1987-SA1, CLASS B, 7.71874635% PASS-THROUGH RATE (POOL 4009)         02:00 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MARCH 20, 1997
DISTRIBUTION  DATE: MARCH 25, 1997
ORIGINAL POOL BALANCE:             $3,177,409.46

BEGINNING POOL BALANCE                                          $2,566,317.42
ENDING POOL BALANCE                                             $2,561,893.10
NET CHANGE TO PRINCIPAL BALANCE                                     $4,424.32

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     LIQUIDATED MORTGAGE LOAN                            $0.00
     SCHEDULED PAYMENTS DUE 03/01                    $4,424.32
                                                                    $4,424.32

INTEREST DUE ON BEGINNING POOL BALANCE              $16,507.29
PREPAYMENT INTEREST SHORTFALL                            $0.00
LOSS ON LIQUIDATED MORTGAGE                              $0.00
                                                                   $16,507.29

TOTAL DISTRIBUTION DUE THIS PERIOD                                 $20,931.61

PRINCIPAL DISTRIBUTION PER SINGLE CERTIFICATE                         $348.11
INTEREST DISTRIBUTION PER SINGLE CERTIFICATE                        $1,298.80

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

RFC MANAGEMENT FEE                                                    $267.33

PERCENTAGE OF PRINCIPAL DUE ON NEXT DISTRIBUTION DATE               43.656225%

REMAINING SPECIAL HAZARD LOSS AMOUNT                            $1,412,181.98

SCHEDULED PRINCIPAL BALANCE OF LOANS AFTER DISTRIBUTION         $5,868,334.04

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

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $120,722.50
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                   0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,970.63
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00





CONDUIT SUBORDINATED MORTGAGE PASS-THROUGH CERTIFICATES             13-Feb-97
1987-SA1, CLASS C, 0.03% PASS-THROUGH RATE (POOL 4009)               12:04 PM
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (SELLER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)

DETERMINATION DATE: MARCH 20, 1997
DISTRIBUTION  DATE: MARCH 25, 1997
ORIGINAL POOL BALANCE:                     $0.00

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

PRINCIPAL DISTRIBUTIONS
     PRINCIPAL PREPAYMENTS IN FULL                       $0.00
     PARTIAL PRINCIPAL PREPAYMENTS                       $0.00
     SCHEDULED PAYMENTS DUE 03/01                        $0.00
                                                         $0.00
INTEREST DUE ON BEGINNING POOL BALANCE AFTER DEDUCTING
CURRENT MONTH CLASS C UNPAID INTEREST AMOUNT            $64.16
PREPAYMENT INTEREST SHORTFALL                            $0.00
LOSS ON LIQUIDATED MORTGAGE                              $0.00

TOTAL DISTRIBUTION DUE THIS PERIOD                                     $64.16

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         $5,868,334.04
                                                                      
NUMBER OF LOANS DELINQUENT ONE MONTH                                        1
NUMBER OF LOANS DELINQUENT TWO OR MORE MONTHS                               0
NUMBER OF LOANS IN FORECLOSURE                                              1
NUMBER OF REO PROPERTIES                                                    0

ACTUAL PRINCIPAL BALANCE DELINQUENT ONE MONTH                     $120,722.50
ACTUAL PRINCIPAL BALANCE DELINQUENT TWO OR MORE MONTHS                   0.00
ACTUAL PRINCIPAL BALANCE IN FORECLOSURE                           $296,970.63
ACTUAL PRINCIPAL BALANCE REO PROPERTIES                                 $0.00















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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3A  (POOL  3085)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3085                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AW8   25,441,326.74      3,910,385.16      7.5050         6,247.19  
                                                                                
- --------------------------------------------------------------------------------
                  25,441,326.74      3,910,385.16                     6,247.19  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           24,456.20          0.00        30,703.39        0.00     3,904,137.97
                                                                                
           24,456.20          0.00        30,703.39        0.00     3,904,137.97
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      153.702093   0.245553     0.961278      0.000000      1.206831  153.456540
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,169.84 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,141.07 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                      893.70 
    MASTER SERVICER ADVANCES THIS MONTH                                1,129.54 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    110,141.07 
      (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                                                   3,904,137.97 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         3,762,303.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  28      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             147,371.34 
                                                                                
    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            5,797.19 
                                                                                
       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                         8.2421% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5051% 
                                                                                
    POOL TRADING FACTOR                                             0.153456540 

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

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                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1988-3B  (POOL  3086)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3086                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920AX6   38,297,875.16      4,982,060.76      7.8046       283,889.90  
                                                                                
- --------------------------------------------------------------------------------
                  38,297,875.16      4,982,060.76                   283,889.90  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           32,321.82          0.00       316,211.72        0.00     4,698,170.86
                                                                                
           32,321.82          0.00       316,211.72        0.00     4,698,170.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      130.087133   7.412680     0.843959      0.000000      8.256639  122.674452
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,460.02 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   969.77 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,964.27 
    MASTER SERVICER ADVANCES THIS MONTH                                1,084.58 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    234,791.74 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    133,006.61 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,698,170.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         4,568,384.83 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  42      
                                                                                
    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             136,710.40 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      105,995.71 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                       0.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             171,388.46 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            6,505.73 
                                                                                
       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                         8.4449% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8063% 
                                                                                
    POOL TRADING FACTOR                                             0.122674452 

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

Run:        03/27/97     11:20:07                                    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      8,418,402.84      6.7095        14,075.25  
                                                                                
- --------------------------------------------------------------------------------
                  69,360,201.61      8,418,402.84                    14,075.25  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           47,069.39          0.00        61,144.64        0.00     8,404,327.59
                                                                                
           47,069.39          0.00        61,144.64        0.00     8,404,327.59
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      121.372237   0.202930     0.678622      0.000000      0.881552  121.169307
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1988-3C (POOL 3087)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,783.50 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,639.24 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,889.85 
    MASTER SERVICER ADVANCES THIS MONTH                                3,991.90 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    320,619.80 
      (B)  TWO MONTHLY PAYMENTS:                                2    128,872.98 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,404,327.59 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         7,867,292.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  59      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              3      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             549,144.96 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     709.34 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,365.91 
                                                                                
       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                         7.3814% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7069% 
                                                                                
    POOL TRADING FACTOR                                             0.121169307 

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

Run:        03/27/97     11:20:07                                    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        963,282.47      8.5000        11,604.28  
STRIP                      0.00              0.00      0.2368             0.00  
                                                                                
- --------------------------------------------------------------------------------
                   9,209,655.99        963,282.47                    11,604.28  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
            6,823.25          0.00        18,427.53        0.00       951,678.19
STRIP         190.08          0.00           190.08        0.00             0.00
                                                                                
            7,013.33          0.00        18,617.61        0.00       951,678.19
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      104.594837   1.260012     0.740880      0.000000      2.000892  103.334825
STRIP   0.000000   0.000000     0.020639      0.000000      0.020639    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                      200.68 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   176.60 
                                                                                
    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                                                     951,678.19 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                           963,282.47 
                                                                                
    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           11,604.28 
                                                                                
       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                                             0.103334825 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-2  (POOL  3094)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3094                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BF4  199,725,759.94     24,956,807.91      6.7170        45,960.51  
                                                                                
- --------------------------------------------------------------------------------
                 199,725,759.94     24,956,807.91                    45,960.51  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          139,656.84          0.00       185,617.35        0.00    24,910,847.40
                                                                                
          139,656.84          0.00       185,617.35        0.00    24,910,847.40
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      124.955378   0.230118     0.699243      0.000000      0.929361  124.725260
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    9,015.92 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,163.80 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,292.64 
    MASTER SERVICER ADVANCES THIS MONTH                                1,983.49 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 5    795,214.40 
      (B)  TWO MONTHLY PAYMENTS:                                2    272,337.91 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    242,866.53 
      (D)  LOANS IN FORECLOSURE                                 7  1,088,520.74 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  24,910,847.40 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        24,693,967.89 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 179      
                                                                                
    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             270,353.23 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   6,948.54 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           39,011.97 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       5,798,123.63         
       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                         7.4031% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7149% 
                                                                                
    POOL TRADING FACTOR                                             0.124725260 

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

Run:        03/27/97     11:20:07                                    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      8,923,336.07      7.8037       113,263.20  
                                                                                
- --------------------------------------------------------------------------------
                  60,404,491.94      8,923,336.07                   113,263.20  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,748.95          0.00       171,012.15        0.00     8,810,072.87
                                                                                
           57,748.95          0.00       171,012.15        0.00     8,810,072.87
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      147.726366   1.875079     0.956037      0.000000      2.831116  145.851287
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    3,116.89 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,839.78 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,225.71 
    MASTER SERVICER ADVANCES THIS MONTH                                  958.40 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    180,902.23 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    100,293.39 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,810,072.87 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         8,700,988.25 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  69      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             124,096.32 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       98,913.91 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   2,313.82 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,035.47 
                                                                                
       LOC AMOUNT AVAILABLE                               11,806,248.64         
       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                         8.4837% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8063% 
                                                                                
    POOL TRADING FACTOR                                             0.145851287 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-3C  (POOL  3097)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3097                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BJ6   80,948,485.59     11,572,884.04      6.7381        19,417.18  
                                                                                
- --------------------------------------------------------------------------------
                  80,948,485.59     11,572,884.04                    19,417.18  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           64,974.71          0.00        84,391.89        0.00    11,553,466.86
                                                                                
           64,974.71          0.00        84,391.89        0.00    11,553,466.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      142.966035   0.239871     0.802667      0.000000      1.042538  142.726164
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    3,908.99 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,411.64 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,581.65 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    131,966.15 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    220,719.88 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  11,553,466.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        11,569,935.40 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  90      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,424.97 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           17,992.21 
                                                                                
       LOC AMOUNT AVAILABLE                               11,806,248.64         
       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                         7.3835% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7331% 
                                                                                
    POOL TRADING FACTOR                                             0.142726164 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1A  (POOL  2000)       
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2000                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BK3   42,805,537.40      9,740,631.17      6.8169        23,484.16  
                                                                                
- --------------------------------------------------------------------------------
                  42,805,537.40      9,740,631.17                    23,484.16  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           55,284.63          0.00        78,768.79        0.00     9,717,147.01
                                                                                
           55,284.63          0.00        78,768.79        0.00     9,717,147.01
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      227.555400   0.548624     1.291530      0.000000      1.840154  227.006775
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-SW1A (POOL 2000)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,990.29 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,995.12 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,677.79 
    MASTER SERVICER ADVANCES THIS MONTH                                1,183.83 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    447,179.97 
      (B)  TWO MONTHLY PAYMENTS:                                2    347,724.84 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    354,515.62 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,717,147.01 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         9,572,388.55 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  80      
                                                                                
    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             163,678.80 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   8,707.01 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           14,777.15 
                                                                                
       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                         7.5660% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.8160% 
                                                                                
    POOL TRADING FACTOR                                             0.227006775 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-SW1B  (POOL  2001)       
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2001                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BL1   55,464,913.85      9,929,529.65      6.6926        16,173.32  
                                                                                
- --------------------------------------------------------------------------------
                  55,464,913.85      9,929,529.65                    16,173.32  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           55,372.93          0.00        71,546.25        0.00     9,913,356.33
                                                                                
           55,372.93          0.00        71,546.25        0.00     9,913,356.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      179.023620   0.291596     0.998342      0.000000      1.289938  178.732024
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    4,137.39 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,073.99 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,981.77 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                10  1,349,778.51 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    112,419.56 
      (D)  LOANS IN FORECLOSURE                                 4    517,423.35 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,913,356.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         9,942,690.48 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  71      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                   1,023.72 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           15,149.60 
                                                                                
       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                         7.4426% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6926% 
                                                                                
    POOL TRADING FACTOR                                             0.178732024 

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

DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/13/97       04:55 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      116,972.37

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                56,519.12
Total Principal Prepayments                40,043.90
Principal Payoffs-In-Full                       0.00
Principal Curtailments                     40,043.90
Principal Liquidations                          0.00
Scheduled Principal Due                    16,475.22

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 60,453.25
Prepayment Interest Shortfall                 119.85
Unpaid Interest Shortfall Distr (Paid)          0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        151,041,172.86
Curr Period BEGINNING Princ Balance    10,580,949.28
Curr Period ENDING Princ Balance       10,524,430.16
Change in Principal Balance                56,519.12

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.374197
Interest Distributed                        0.400244
Total Distribution                          0.774440
Total Principal Prepayments                 0.265119
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance                70.053410
ENDING Principal Balance                   69.679214

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               6.869679%
Subordinated Unpaid Amounts
Period Ending Class Percentages            52.186941%
Prepayment Percentages                    100.000000%
Trading Factors                             6.967921%
Certificate Denominations                      1,000
Sub-Servicer Fees                           3,878.07
Master Servicer Fees                        1,090.41
Percentage Interest
Curr Period Master Servicer Adv Amt             0.00


                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Total Princ and Interest Distributed       62,876.07       58.65     179,907.09

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                13,523.45                  70,042.57
Total Principal Prepayments                     0.00                  40,043.90
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                  40,043.90
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    14,764.17                  31,239.39

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 49,352.62       58.65     109,864.52
Prepayment Interest Shortfall                 109.23        0.16         229.24
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     9,657,395.99              20,238,345.27
Curr Period ENDING Princ Balance        9,642,358.80              20,166,788.96
Change in Principal Balance                15,037.19                  71,556.31

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     280.098915
Interest Distributed                    1,022.195912
Total Distribution                      1,302.294826
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               800.099423
ENDING Principal Balance                  798.853617

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                         2,521.29
Passthru Rate                               6.859679%   0.010000%
Subordinated Unpaid Amounts             1,171,174.19    1,001.34     973,672.25
Period Ending Class Percentages            47.813059%
Prepayment Percentages                      0.000000%
Trading Factors                            79.885362%                 12.363812%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,553.04                   7,431.11
Master Servicer Fees                          999.02                   2,089.43
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              862,184.51           5
Loans Delinquent TWO Payments             632,408.09           3
Loans Delinquent THREE + Payments       1,016,457.33           6
Total Unpaid Princ on Delinquent Loans  2,511,049.93          14
Loans in Foreclosure, INCL in Delinq      832,273.74           5
REO/Pending Cash Liquidations             184,183.59           1
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts           5.2605%

Loans in Pool                                    135
Current Period Sub-Servicer Fee             7,431.11
Current Period Master Servicer Fee          2,089.43

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

SEC REPORT
DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/18/97       07:27 AM

CERTIFICATEHOLDER STATEMENT
CONDUIT SENIOR SUBORDINATED MORTGAGE PASSTHRU CERTIFICATES

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

                                          CLASS A       STRIP
CUSIP Number                          760920BP2               NA
Total Princ and Interest Distributed            0.00   11,646.77

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   11,646.77
Prepayment Interest Shortfall                   0.00        0.00
Strip Advances Payable to M/S                           6,619.50
Gross Termination Strip Payable                        18,266.27

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                              10.463158%   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    4,342,189.27    1,011.68   4,354,847.72

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed             4,307,575.69               4,307,575.69
Total Principal Prepayments                     0.00                       0.00
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                       0.00
Principal Liquidations                  4,303,801.97               4,303,801.97
Scheduled Principal Due                     3,773.72               4,078,038.17

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 34,613.58    1,011.68      47,272.03
Prepayment Interest Shortfall                   0.00        0.00           0.00
Unpaid Interest Shortfall Distr (Paid)
Remaining Unpaid Interest Shortfall

BALANCES BY CLASS
INITIAL Scheduled Pool Balance          8,552,552.64             117,966,243.36
Curr Period BEGINNING Princ Balance     4,307,575.69               4,307,575.69
Curr Period ENDING Princ Balance                0.00                       0.00
Change in Principal Balance             4,307,575.69               4,307,575.69

PER CERTIFICATE DATA BY CLASS
Principal Distributed                   119,193.0153
Interest Distributed                        894.7849
Total Distribution                      120,087.8002
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               503.659652
ENDING Principal Balance                    0.000000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                              10.443158%   0.020000%
Subordinated Unpaid Amounts             1,856,019.74      793.68   1,856,813.42
Period Ending Class Percentages           100.000000%
Prepayment Percentages                    100.000000%
Trading Factors                             0.000000%                  0.000000%
Certificate Denominations                    250,000
Sub-Servicer Fees                           1,080.64                   1,080.64
Master Servicer Fees                          424.80                     424.80
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                   0.00

POOL DELINQUENCY DATA
                                       Unpaid Princ    Number of
                                          Balance          Loans
Loans Delinquent ONE Payment               79,468.17           1
Loans Delinquent TWO Payments             163,007.58           1
Loans Delinquent THREE + Payments         704,149.99           3
Total Unpaid Princ on Delinquent Loans    946,625.74           5
Loans in Foreclosure, INCL in Delinq      470,182.08           2
REO/Pending Cash Liquidations             233,967.91           1
Principal Balance New REO                       0.00
Six Month Avg Delinquencies 2+ Pmts          23.9816%

Loans in Pool                                     21
Current Period Sub-Servicer Fee             1,080.64
Current Period Master Servicer Fee            424.80

Aggregate REO Losses                   (2,219,894.19)
 ................................................................................

SEC REPORT
DISTRIBUTION DATE:           03/25/97
MONTHLY Cutoff:                Feb-97
DETERMINATION DATE:          03/20/97
RUN TIME/DATE:               03/14/97       12:33 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                191,808.02

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                69,479.83
Total Principal Prepayments                37,174.67
Principal Payoffs-In-Full                       0.00
Principal Curtailments                     37,174.67
Principal Liquidations                          0.00
Scheduled Principal Due                    32,305.16

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                122,328.19
Prepayment Interest Shortfall                 147.79
Unpaid Interest Shortfall Paid                  0.00
Remaining Unpaid Interest Shortfall             0.00

BALANCES BY CLASS
INITIAL Scheduled Pool Balance        133,916,671.59
Current Period BEGINNING Prin Bal      18,891,261.57
Current Period ENDING Prin Bal         18,821,781.74
Change in Principal Balance                69,479.83

PER CERTIFICATE DATA BY CLASS
Principal Distributed                       0.518829
Interest Distributed                        0.913465
Total Distribution                          1.432294
Total Principal Prepayments                 0.277596
Current Period Interest Shortfall           0.000000
BEGINNING Principal Balance               141.067287
ENDING Principal Balance                  140.548458

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                               7.779850%
Subordinated Unpaid Amounts
Period Ending Class Percentages            61.273473%
Prepayment Percentages                    100.000000%
Trading Factors                            14.054846%
Certificate Denominations                      1,000
Sub-Servicer Fees                           5,899.02
Master Servicer Fees                        1,966.34
Percentage Interest
Current Period Master Servicer Advance          0.00

                                             CLASS B     CLASS C         TOTALS
CUSIP Number                                      NA          NA
Tot Prin & Int Distributed                 98,881.69       99.12     290,788.83

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                20,377.51                  89,857.34
Total Principal Prepayments                     0.00                  37,174.67
Principal Payoffs-In-Full                       0.00                       0.00
Principal Curtailments                          0.00                  37,174.67
Principal Liquidations                          0.00                       0.00
Scheduled Principal Due                    20,377.51                  52,682.67

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                 78,504.18       99.12     200,931.49
Prepayment Interest Shortfall                  93.10        0.12         241.01
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      11,916,263.22              30,807,524.79
Current Period ENDING Prin Bal         11,895,885.71              30,717,667.45
Change in Principal Balance                20,377.51                  89,857.34

PER CERTIFICATE DATA BY CLASS
Principal Distributed                     358.223171
Interest Distributed                    1,380.051651
Total Distribution                      1,738.274823
Total Principal Prepayments                 0.000000
Current Period Interest Shortfall
BEGINNING Principal Balance               837.920158
ENDING Principal Balance                  836.487266

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00
Passthru Rate                               7.769850%   0.010000%
Subordinated Unpaid Amounts             1,882,444.54    1,619.99   1,884,064.53
Period Ending Class Percentages            38.726527%
Prepayment Percentages                      0.000000%
Trading Factors                            83.648727%                 20.735858%
Certificate Denominations                    250,000
Sub-Servicer Fees                           3,728.35                   9,627.37
Master Servicer Fees                        1,242.78                   3,209.12
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                                    150
Current Period Sub-Servicer Fee             9,627.37
Current Period Master Servicer Fee          3,209.12

POOL DELINQUENCY DATA                         Unpaid      Number
                                            Prin Bal    of Loans

Loans Delinquent ONE Payment              369,336.60           2
Loans Delinquent TWO Payments             465,573.30           2
Loans Delinquent THREE + Payments         679,397.23           3
Tot Unpaid Prin on Delinquent Loans     1,514,307.13           7
Loans in Foreclosure, INCL in Delinq      679,397.23           3
REO/Pending Cash Liquidations                   0.00           0
Principal Balance New REO                       0.00
6 Mo Avg Delinquencies 2+ Payments            2.9742%
Aggregate REO Losses                   (1,729,398.01)
 ................................................................................

Run:        03/27/97     11:20:07                                    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      9,030,478.08      6.7479        14,670.75  
                                                                                
- --------------------------------------------------------------------------------
                  69,922,443.97      9,030,478.08                    14,670.75  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           50,775.13          0.00        65,445.88        0.00     9,015,807.33
                                                                                
           50,775.13          0.00        65,445.88        0.00     9,015,807.33
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      129.149921   0.209815     0.726164      0.000000      0.935979  128.940106
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    3,368.80 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,886.85 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    6,411.81 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    779,817.66 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    242,882.62 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,015,807.33 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         9,034,447.61 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  47      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                     978.27 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           13,692.48 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4455% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7479% 
                                                                                
    POOL TRADING FACTOR                                             0.128940106 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-4B  (POOL  3099)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3099                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920BV9   74,994,327.48      8,323,299.93      6.8136        14,163.19  
                                                                                
- --------------------------------------------------------------------------------
                  74,994,327.48      8,323,299.93                    14,163.19  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           47,250.64          0.00        61,413.83        0.00     8,309,136.74
                                                                                
           47,250.64          0.00        61,413.83        0.00     8,309,136.74
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      110.985727   0.188857     0.630056      0.000000      0.818913  110.796870
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    3,458.32 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,717.52 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,727.35 
    MASTER SERVICER ADVANCES THIS MONTH                                  769.46 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    304,116.06 
      (B)  TWO MONTHLY PAYMENTS:                                1    250,164.52 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1     86,204.49 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   8,309,136.74 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         8,215,107.08 
                                                                                
    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             105,043.72 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,595.67 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,567.52 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         7.4600% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.7581% 
                                                                                
    POOL TRADING FACTOR                                             0.110796870 

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

Run:        03/27/97     11:20:07                                    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      5,701,891.69      7.5772         8,875.68  
                                                                                
- --------------------------------------------------------------------------------
                  37,402,303.81      5,701,891.69                     8,875.68  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           35,997.24          0.00        44,872.92        0.00     5,693,016.01
                                                                                
           35,997.24          0.00        44,872.92        0.00     5,693,016.01
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      152.447606   0.237303     0.962434      0.000000      1.199737  152.210303
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-4C (POOL 3100)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,928.21 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,191.87 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,515.79 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    201,192.65 
      (B)  TWO MONTHLY PAYMENTS:                                1    116,865.46 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    444,348.54 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,693,016.01 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         5,702,222.52 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  32      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,014.14 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,861.54 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.2938% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6076% 
                                                                                
    POOL TRADING FACTOR                                             0.152210303 

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

Run:        03/27/97     11:20:07                                    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      3,001,689.76      7.8126        12,565.44  
                                                                                
- --------------------------------------------------------------------------------
                  22,040,775.69      3,001,689.76                    12,565.44  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,488.16          0.00        32,053.60        0.00     2,989,124.32
                                                                                
           19,488.16          0.00        32,053.60        0.00     2,989,124.32
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      136.188027   0.570100     0.884187      0.000000      1.454287  135.617928
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,075.08 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   678.86 
                                                                                
    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                                                   2,989,124.32 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         2,993,075.38 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  20      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   8,346.67 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,218.77 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.4924% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.8127% 
                                                                                
    POOL TRADING FACTOR                                             0.135617928 

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

Run:        03/27/97     11:20:07                                    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      2,115,697.92      7.6200         2,884.68  
                                                                                
- --------------------------------------------------------------------------------
                  20,728,527.60      2,115,697.92                     2,884.68  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           13,434.49          0.00        16,319.17        0.00     2,112,813.24
                                                                                
           13,434.49          0.00        16,319.17        0.00     2,112,813.24
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      102.066966   0.139165     0.648116      0.000000      0.787281  101.927801
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                      698.54 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   440.96 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   2,112,813.24 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         2,115,668.37 
                                                                                
    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                      29.55 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,855.13 
                                                                                
       LOC AMOUNT AVAILABLE                               10,086,373.58         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       707,401.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3486% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.6612% 
                                                                                
    POOL TRADING FACTOR                                             0.101927801 

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

SEC REPORT
DISTRIBUTION DATE:          03/25/97
MONTHLY Cutoff:               Feb-97
DETERMINATION DATE:         03/20/97
RUN TIME/DATE:              03/13/97       11:55 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         570,881.70     3,913.48

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed              489,379.43        67.55
Total Principal Prepayments              479,934.93        66.24
Principal Payoffs-In-Full                478,171.48        66.00
Principal Curtailments                     1,763.45         0.24
Principal Liquidations                         0.00         0.00
Scheduled Principal Due                    9,444.50         1.31

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                81,502.27     3,845.93
Prepayment Interest Shortfall                739.64        34.92
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     12,532,100.20     1,731.63
Current Period ENDING Prin Bal        12,042,720.77     1,664.08
Change in Principal Balance              489,379.43        67.55
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      6.322052     6.755000
Interest Distributed                       1.052888   384.593000
Total Distribution                         6.200043     6.624000
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                 155.573990   166.408000

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed
Passthru Rate                                7.8750%      0.2500%
Subordinated Unpaid Amounts
Period Ending Class Percentages             66.4095%      0.0092%
Prepayment Percentages                     100.0000%    100.0000%
Trading Factors                             15.5574%     16.6408%
Certificate Denominations                     1,000        1,000
Sub-Servicer fees                          5,697.41         0.79
Master Servicer Fees                       1,207.38         0.17
Current Period Master Servicer Advanc          0.00         0.00
Deferred Interest Added to Principal           0.00


                                            CLASS B      CLASS C         TOTALS
CUSIP Number                         NA             NA
Tot Principal and Interest Distr          28,650.31         8.44     603,453.93

PRINCIPAL DISTRIBUTION BY CLASS
Total Principal Distributed                    0.00         0.00     489,446.98
Total Principal Prepayments
Principal Payoffs-In-Full
Principal Curtailments
Principal Liquidations
Scheduled Principal Due

INTEREST DISTRIBUTION BY CLASS
Total Interest Distributed                28,650.31         8.44     114,006.95
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      6,094,085.20       154.98  18,628,072.01
Current Period ENDING Prin Bal         6,089,492.53       154.87  18,134,032.25
Change in Principal Balance                4,592.67         0.11     494,039.76
PER CERTIFICATE DATA BY CLASS
Principal Distributed                      0.000000
Interest Distributed                     964.829176
Total Principal Prepayments
Unpaid Interest Shortfall Paid
Current Period Interest Shortfall
Unpaid Interest Shortfall Remaining
ENDING Principal Balance                 820.280138

MISCELLANEOUS DATA BY CLASS
Foreclosure Profits Distributed                             0.00           0.00
Passthru Rate                                7.8750%      7.8750%
Subordinated Unpaid Amounts            1,913,391.31       563.81
Period Ending Class Percentages             33.5804%      0.0009%      100.0000%
Prepayment Percentages                       0.0000%      0.0000%
Trading Factors                             82.0280%
Certificate Denominations                   250,000
Sub-Servicer fees                          2,770.52                    8,468.72
Master Servicer Fees                         587.12                    1,794.67
Cur Period Master Servicer Advance                                         0.00
Deferred Interest Added to Principal           0.00         0.00           0.00
                                              OTHER        OTHER
MISCELLANEOUS POOL DATA

Initial Special Hazard Amount          1,935,824.00
Current Special Hazard Amount            905,342.00
Suspense Net (charges)/Recoveries         (6,175.38)
                                             Unpaid       Number
POOL DELINQUENCY DATA                      Prin Bal     of Loans
Loans Delinquent ONE Payment                   0.00            0
Loans Delinquent TWO Payments            199,176.46            1
Loans Delinquent THREE + Payments      2,039,045.89            9
Tot Unpaid Principal on Delinq Loans   2,238,222.35           10
Loans in Foreclosure (incl in delinq)    796,917.54            3
REO/Pending Cash Liquidations          1,242,099.44            6
6 Mo Avg Delinquencies 2+ Payments          14.8182%
Loans in Pool                                    90
Current Period Sub-Servicer Fee            8,468.79
Current Period Master Servicer Fee         1,794.68
Aggregate REO Losses                  (1,713,159.08)
 ................................................................................

Run:        03/27/97     11:20:07                                    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     18,979,891.67      7.4701        78,862.59  
                                                                                
- --------------------------------------------------------------------------------
                  87,338,199.16     18,979,891.67                    78,862.59  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          117,827.51          0.00       196,690.10        0.00    18,901,029.08
                                                                                
          117,827.51          0.00       196,690.10        0.00    18,901,029.08
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      217.314896   0.902956     1.349095      0.000000      2.252051  216.411940
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
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Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1989-5A (POOL 3105)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    5,803.67 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 6,022.51 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    8,654.44 
    MASTER SERVICER ADVANCES THIS MONTH                                7,251.72 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    120,292.83 
      (B)  TWO MONTHLY PAYMENTS:                                1    135,366.35 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    202,897.50 
      (D)  LOANS IN FORECLOSURE                                 4    783,877.26 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  18,901,029.08 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        17,984,993.44 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  90      
                                                                                
    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             949,734.72 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  52,285.06 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           26,577.53 
                                                                                
       MORTGAGE POOL INSURANCE                             8,900,605.15         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         8.3117% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5084% 
                                                                                
    POOL TRADING FACTOR                                             0.216411940 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1989-5B  (POOL  3106)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3106                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920CE6   62,922,765.27     11,267,216.98      8.2500        93,297.69  
                                                                                
- --------------------------------------------------------------------------------
                  62,922,765.27     11,267,216.98                    93,297.69  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           77,117.72          0.00       170,415.41        0.00    11,173,919.29
                                                                                
           77,117.72          0.00       170,415.41        0.00    11,173,919.29
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      179.064237   1.482733     1.225593      0.000000      2.708326  177.581504
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    4,430.41 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,509.50 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,236.94 
    MASTER SERVICER ADVANCES THIS MONTH                                2,641.81 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1     45,853.00 
      (B)  TWO MONTHLY PAYMENTS:                                3    680,220.66 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    510,640.49 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  11,173,919.29 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        10,862,001.99 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  70      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             328,970.96 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                       69,429.08 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  10,871.83 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,996.78 
                                                                                
       MORTGAGE POOL INSURANCE                             8,900,605.15         
       SPECIAL HAZARD LOSS COVERAGE                        1,996,946.00         
       BANKRUPTCY BOND                                       104,405.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         9.1163% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.177581504 

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

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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      3,411,897.75     10.0000       264,417.29  
                                                                                
- --------------------------------------------------------------------------------
                 120,931,254.07      3,411,897.75                   264,417.29  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           28,428.57          0.00       292,845.86    1,004.41     3,146,476.05
                                                                                
           28,428.57          0.00       292,845.86    1,004.41     3,146,476.05
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       28.213532   2.186509     0.235080      0.000000      2.421589   26.018717
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,054.36 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,249.99 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    2,309.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    225,293.65 
      (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                                                   3,146,476.05 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         3,149,195.06 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     468.99 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             262,415.22 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            1,533.08 
                                                                                
       MORTGAGE POOL INSURANCE                             2,611,224.93         
       SPECIAL HAZARD LOSS COVERAGE                        1,516,886.00         
       BANKRUPTCY BOND                                       100,000.00         
       MORTGAGE REPURCHASE BOND                                    0.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        11.6754% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.026018717 

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


Run:        03/28/97     14:28:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     7,670,299.56     9.000000  %    531,088.57
A-5   760920CQ9     2,388,000.00     2,388,000.00     9.000000  %          0.00
A-6   760920CJ5       100,000.00         8,192.25  1237.750000  %        432.56
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           410.87     0.514490  %         21.69
B                  17,727,586.62     6,138,110.65    10.000000  %      5,799.02
R-I                         0.00             0.00    10.000000  %          0.00
R-II                        0.00             0.00     0.000000  %          0.00

- -------------------------------------------------------------------------------
                  262,737,586.62    16,205,013.33                    537,341.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        56,819.74    587,908.31             0.00         0.00   7,139,210.99
A-5        17,689.73     17,689.73             0.00         0.00   2,388,000.00
A-6         8,346.04      8,778.60             0.00         0.00       7,759.69
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        6,862.31      6,884.00             0.00         0.00         389.18
B          50,522.05     56,321.07             0.00         0.00   6,132,311.63
R-I             3.38          3.38             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          140,243.25    677,585.09             0.00         0.00  15,667,671.49
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    394.684551  27.327805     2.923729    30.251534   0.000000    367.356745
A-5   1000.000000   0.000000     7.407760     7.407760   0.000000   1000.000000
A-6     81.922500   4.325600    83.460400    87.786000   0.000000     77.597000
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    41.087000   2.169000   686.231000   688.400000   0.000000     38.918000
B     86561.56619  81.779603   712.477833   794.257436   0.000000   86479.78658

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:23                                        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                        4,438.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,519.19

SUBSERVICER ADVANCES THIS MONTH                                       49,499.58
MASTER SERVICER ADVANCES THIS MONTH                                   15,161.40


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,278,081.35

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     207,763.45


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      3,780,798.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      15,667,671.49

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

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               1,554,988.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      522,032.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          62.12215000 %    37.87785010 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             60.86009570 %    39.13990430 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5149 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                         11.01639732
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              264.22

POOL TRADING FACTOR:                                                 5.96323948

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

Run:        03/27/97     11:20:07                                    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      4,798,052.81     10.5000         4,454.65  
                                                                                
- --------------------------------------------------------------------------------
                 193,971,603.35      4,798,052.81                     4,454.65  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           41,982.31          0.00        46,436.96        0.00     4,793,598.16
                                                                                
           41,982.31          0.00        46,436.96        0.00     4,793,598.16
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       24.735852   0.022965     0.216435      0.000000      0.239400   24.712886
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,607.18 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,054.95 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   13,873.53 
    MASTER SERVICER ADVANCES THIS MONTH                                3,672.15 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    424,511.91 
      (B)  TWO MONTHLY PAYMENTS:                                2    725,861.30 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 4  1,130,061.39 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,793,598.16 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         4,450,694.67 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    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             358,189.29 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      74.34 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,380.31 
                                                                                
       MORTGAGE POOL INSURANCE                             1,385,534.21         
       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                        11.4898% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.024712886 

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

Run:        03/27/97     11:20:07                                    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      9,491,242.43      7.3058        14,606.47  
                                                                                
- --------------------------------------------------------------------------------
                  46,306,707.62      9,491,242.43                    14,606.47  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           57,772.99          0.00        72,379.46        0.00     9,476,635.96
                                                                                
           57,772.99          0.00        72,379.46        0.00     9,476,635.96
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      204.964743   0.315429     1.247616      0.000000      1.563045  204.649314
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    3,825.29 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,031.31 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    1,715.96 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                1    225,398.29 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   9,476,635.96 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         9,489,071.05 
                                                                                
    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                   1,851.79 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           12,754.68 
                                                                                
       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                         8.1318% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.2856% 
                                                                                
    POOL TRADING FACTOR                                             0.204649314 

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

Run:        03/27/97     11:20:07                                    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      3,007,621.39      7.6433         5,868.53  
                                                                                
- --------------------------------------------------------------------------------
                  19,212,019.52      3,007,621.39                     5,868.53  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           19,144.27          0.00        25,012.80        0.00     3,001,752.86
                                                                                
           19,144.27          0.00        25,012.80        0.00     3,001,752.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      156.548945   0.305461     0.996474      0.000000      1.301935  156.243484
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                      782.58 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   952.41 
                                                                                
    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                                                   3,001,752.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         3,005,542.61 
                                                                                
    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                   1,966.59 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,901.94 
                                                                                
       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                         8.5049% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7305% 
                                                                                
    POOL TRADING FACTOR                                             0.156243484 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-3C  (POOL  3120)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3120                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DD7   15,507,832.37      1,836,601.75      8.2500         2,730.61  
                                                                                
- --------------------------------------------------------------------------------
                  15,507,832.37      1,836,601.75                     2,730.61  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           12,622.19          0.00        15,352.80        0.00     1,833,871.14
                                                                                
           12,622.19          0.00        15,352.80        0.00     1,833,871.14
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      118.430591   0.176079     0.813924      0.000000      0.990003  118.254511
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-3C (POOL 3120)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      704.63 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   576.32 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   1,833,871.14 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         1,835,740.41 
                                                                                
    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                     646.68 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,083.93 
                                                                                
       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                         9.0854% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.118254511 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-5  (POOL  3126)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3126                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
      760920DJ4  199,971,518.09     11,921,452.74      9.8545     1,010,353.73  
                                                                                
- --------------------------------------------------------------------------------
                 199,971,518.09     11,921,452.74                 1,010,353.73  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
           98,296.17          0.00     1,108,649.90        0.00    10,911,099.01
                                                                                
           98,296.17          0.00     1,108,649.90        0.00    10,911,099.01
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
       59.615754   5.052488     0.491551      0.000000      5.544039   54.563265
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-5 (POOL 3126)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,453.92 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 4,990.40 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   23,327.59 
    MASTER SERVICER ADVANCES THIS MONTH                               11,618.79 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 9  2,166,330.77 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3    639,052.45 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,911,099.01 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         9,696,294.08 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  39      
                                                                                
    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           1,227,422.56 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     776.27 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             999,655.63 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,921.83 
                                                                                
       LOC AMOUNT AVAILABLE                                3,302,994.26         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                     1,080,672.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.7056% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.7783% 
                                                                                
    POOL TRADING FACTOR                                             0.054563265 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-6  (POOL  3127)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3127                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920DK1  100,033,801.56      4,577,964.75      9.5000       300,689.72  
S     760920DL9            0.00              0.00      0.8838             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 100,033,801.56      4,577,964.75                   300,689.72  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          34,379.20          0.00       335,068.92        0.00     4,277,275.03
S           3,198.35          0.00         3,198.35        0.00             0.00
                                                                                
           37,577.55          0.00       338,267.27        0.00     4,277,275.03
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      45.764178   3.005881     0.343676      0.000000      3.349557   42.758297
S       0.000000   0.000000     0.031973      0.000000      0.031973    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,104.87 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   423.36 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,582.46 
    MASTER SERVICER ADVANCES THIS MONTH                                2,640.61 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    219,860.38 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    358,414.35 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   4,277,275.03 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         3,996,902.78 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  16      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             285,184.09 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      296,831.99 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     119.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            3,738.73 
                                                                                
       LOC AMOUNT AVAILABLE                                5,513,667.33         
       BANKRUPTCY AMOUNT AVAILABLE                           100,000.00         
       FRAUD AMOUNT AVAILABLE                                      0.00         
       SPECIAL HAZARD AMOUNT AVAILABLE                       722,237.00         
                                                                                
    ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                        10.8743% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               9.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.042758297 

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

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Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-8  (POOL  3129)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3129                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920ED6   95,187,660.42      3,430,101.93     10.5000         2,488.22  
S     760920ED6            0.00              0.00      0.6070             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  95,187,660.42      3,430,101.93                     2,488.22  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          30,013.09          0.00        32,501.31        0.00     3,427,613.71
S           1,735.04          0.00         1,735.04        0.00             0.00
                                                                                
           31,748.13          0.00        34,236.35        0.00     3,427,613.71
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A      36.035153   0.026140     0.315304      0.000000      0.341444   36.009013
S       0.000000   0.000000     0.018228      0.000000      0.018228    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-8 (POOL 3129)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,075.09 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   292.64 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                        0.00 
    MASTER SERVICER ADVANCES THIS MONTH                                6,072.96 
                                                                                
                                                            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                                                   3,427,613.71 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         2,806,259.17 
                                                                                
    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             623,358.07 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      33.44 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            2,454.78 
                                                                                
       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                        11.7568% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                              10.5000% 
                                                                                
    POOL TRADING FACTOR                                             0.036009013 

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


Run:        03/28/97     14:28:23                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1990-S14 (POOL # 4027)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4027 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920FU7    98,165,276.00     1,661,585.41     9.500000  %      1,612.08
I     760920FV5        10,000.00           601.20     0.500000  %          0.54
B                  11,825,033.00     4,950,929.63     9.500000  %      4,325.23
S     760920FW3             0.00             0.00     0.135418  %          0.00

- -------------------------------------------------------------------------------
                  110,000,309.00     6,613,116.24                      5,937.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          13,153.90     14,765.98             0.00         0.00   1,659,973.33
I           2,755.40      2,755.94             0.00         0.00         600.66
B          39,193.92     43,519.15             0.00         0.00   4,946,604.40
S             751.02        751.02             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           55,854.24     61,792.09             0.00         0.00   6,607,178.39
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       16.926407   0.016422     0.133997     0.150419   0.000000     16.909985
I       60.120000   0.054000   275.540000   275.594000   0.000000     60.066000
B      418.682098   0.365769     3.314487     3.680256   0.000000    418.316329

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:24                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1990-S14 (POOL # 4027)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4027 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        1,944.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       690.20

SUBSERVICER ADVANCES THIS MONTH                                        2,414.28
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     258,947.10

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       6,607,178.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           24

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          160.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          25.13469520 %    74.86530480 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             25.13287660 %    74.86712340 %

CLASS S    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1354 %

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                         10.61320636
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              281.29

POOL TRADING FACTOR:                                                 6.00650894


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

Run:        03/27/97     11:20:07                                    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     23,022,602.37      7.3593       513,648.10  
                                                                                
- --------------------------------------------------------------------------------
                 190,576,742.37     23,022,602.37                   513,648.10  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          141,097.59          0.00       654,745.69        0.00    22,508,954.27
                                                                                
          141,097.59          0.00       654,745.69        0.00    22,508,954.27
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      120.804890   2.695230     0.740372      0.000000      3.435602  118.109660
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1990-R16 (POOL 2009)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    7,569.18 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,983.76 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   11,132.85 
    MASTER SERVICER ADVANCES THIS MONTH                                3,806.72 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 5  1,023,049.31 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      2    395,368.31 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  22,508,954.27 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        22,076,164.94 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  89      
                                                                                
    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             465,659.45 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  15,255.71 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION             466,430.31 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           31,962.08 
                                                                                
       LOC AMOUNT AVAILABLE                                2,995,770.19         
       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                         8.0628% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.3228% 
                                                                                
    POOL TRADING FACTOR                                             0.118109660 

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

Run:        03/27/97     11:20:07                                    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     30,185,623.25      6.6151       256,196.72  
                                                                                
- --------------------------------------------------------------------------------
                 139,233,192.04     30,185,623.25                   256,196.72  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          165,448.17          0.00       421,644.89        0.00    29,929,426.53
                                                                                
          165,448.17          0.00       421,644.89        0.00    29,929,426.53
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      216.799046   1.840055     1.188281      0.000000      3.028336  214.958991
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
         CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-4 (POOL 3151)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    9,982.51 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 9,119.61 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   22,923.62 
    MASTER SERVICER ADVANCES THIS MONTH                                5,971.10 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 6  1,171,589.62 
      (B)  TWO MONTHLY PAYMENTS:                                2    670,540.65 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      1    318,270.31 
      (D)  LOANS IN FORECLOSURE                                 5  1,353,605.10 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  29,929,426.53 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        29,055,701.26 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 112      
                                                                                
    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             925,947.23 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      212,301.72 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   5,340.44 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           38,554.56 
                                                                                
       LOC AMOUNT AVAILABLE                                2,788,100.94         
       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                         7.3993% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6124% 
                                                                                
    POOL TRADING FACTOR                                             0.214958991 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-R9  (POOL  2014)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  2014                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920HW1  180,816,953.83     37,998,772.05      5.8605        80,206.66  
S     760920JG4            0.00              0.00      0.5500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 180,816,953.83     37,998,772.05                    80,206.66  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         185,491.29          0.00       265,697.95        0.00    37,918,565.39
S          17,408.10          0.00        17,408.10        0.00             0.00
                                                                                
          202,899.39          0.00       283,106.05        0.00    37,918,565.39
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     210.150493   0.443579     1.025851      0.000000      1.469430  209.706914
S       0.000000   0.000000     0.096275      0.000000      0.096275    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-R9 (POOL 2014)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                   12,666.26 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                10,226.22 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,994.72 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3  1,092,985.75 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  37,918,565.39 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        37,976,982.72 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 149      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                   0.00 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                  17,417.93 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           62,788.73 
                                                                                
       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                         7.1305% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               5.8605% 
                                                                                
    POOL TRADING FACTOR                                             0.209706914 

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


Run:        03/28/97     14:28:25                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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       957,052.97    10.000000  %     26,633.97
A-3   760920KA5    62,000,000.00     1,178,168.59    10.000000  %     32,787.43
A-4   760920KB3        10,000.00           179.80     0.703000  %          5.00
B                  10,439,807.67     1,766,755.36    10.000000  %      1,294.20
R                           0.00            10.21    10.000000  %          0.28

- -------------------------------------------------------------------------------
                  122,813,807.67     3,902,166.93                     60,720.88
===============================================================================
_______________________________________________________________________________
                                                                      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         7,861.85     34,495.82             0.00         0.00     930,419.00
A-3         9,678.24     42,465.67             0.00         0.00   1,145,381.16
A-4         2,253.46      2,258.46             0.00         0.00         174.80
B          14,513.21     15,807.41             0.00         0.00   1,765,461.16
R               1.56          1.84             0.00         0.00           9.93

- -------------------------------------------------------------------------------
           34,308.32     95,029.20             0.00         0.00   3,841,446.05
===============================================================================
_______________________________________________________________________________



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    109.577853   3.049458     0.900143     3.949601   0.000000    106.528395
A-3     19.002719   0.528830     0.156101     0.684931   0.000000     18.473890
A-4     17.980000   0.500000   225.346000   225.846000   0.000000     17.480000
B      169.232558   0.123969     1.390179     1.514148   0.000000    169.108590

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:25                                        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                        1,480.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       401.16

SUBSERVICER ADVANCES THIS MONTH                                        4,526.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     239,481.20

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        232,410.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       3,841,446.05

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       57,862.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          54.72373710 %    45.27626300 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             54.04175570 %    45.95824430 %

CLASS A-4  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6924 %

      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                         11.27917239
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                 3.12786170


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


Run:        03/28/97     14:28:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R13 (POOL # 2015)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2015 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A                 145,575,900.00    11,501,303.55     7.064178  %     25,389.31
R     760920KT4           100.00             0.00     7.064178  %          0.00
B                  10,120,256.77     6,924,210.57     7.064178  %     10,630.08

- -------------------------------------------------------------------------------
                  155,696,256.77    18,425,514.12                     36,019.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          67,678.68     93,067.99             0.00         0.00  11,475,914.24
R               0.00          0.00             0.00         0.00           0.00
B          40,745.06     51,375.14             0.00         0.00   6,913,580.49

- -------------------------------------------------------------------------------
          108,423.74    144,443.13             0.00         0.00  18,389,494.73
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       79.005547   0.174406     0.464903     0.639309   0.000000     78.831141
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      684.193171   1.050376     4.026091     5.076467   0.000000    683.142794

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:19                                        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                        6,216.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,964.60

SPREAD                                                                 3,453.32

SUBSERVICER ADVANCES THIS MONTH                                        4,189.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        575,270.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,389,494.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           73

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        7,732.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          62.42052990 %    37.57947010 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             62.40472840 %    37.59527160 %

      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                          7.81937142
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              263.14

POOL TRADING FACTOR:                                                11.81113478


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


Run:        03/28/97     14:28:20                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-R14 (POOL # 2016)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   2016 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920KQ0   111,396,540.00    19,865,586.48     6.168793  %    287,810.93
R     760920KR8           100.00             0.00     6.168793  %          0.00
B                   9,358,525.99     8,180,534.20     6.168793  %     16,105.49

- -------------------------------------------------------------------------------
                  120,755,165.99    28,046,120.68                    303,916.42
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         101,366.66    389,177.59             0.00         0.00  19,577,775.55
R               0.00          0.00             0.00         0.00           0.00
B          41,742.20     57,847.69             0.00         0.00   8,164,428.71

- -------------------------------------------------------------------------------
          143,108.86    447,025.28             0.00         0.00  27,742,204.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      178.332168   2.583661     0.909962     3.493623   0.000000    175.748507
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      874.126354   1.720943     4.460339     6.181282   0.000000    872.405411

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:20                                        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                        9,304.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,914.65

SPREAD                                                                 5,219.42

SUBSERVICER ADVANCES THIS MONTH                                        3,898.52
MASTER SERVICER ADVANCES THIS MONTH                                    1,917.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     538,679.23

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      27,742,204.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          115

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 266,958.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      248,700.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          70.83185120 %    29.16814880 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             70.57036770 %    29.42963230 %

      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                          6.92423312
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              244.57

POOL TRADING FACTOR:                                                22.97392748


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


Run:        03/28/97     14:28:26                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1991-20 (POOL # 4043)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4043 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920LZ9    28,246,162.00             0.00     9.000000  %          0.00
A-2   760920MA3    42,369,243.90     6,787,487.06     9.000000  %      5,894.34
S     760920LY2        10,000.00           961.22     0.699607  %          0.83
R                           0.00             0.00     9.000000  %          0.00

- -------------------------------------------------------------------------------
                   70,625,405.90     6,788,448.28                      5,895.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        50,904.66     56,799.00             0.00         0.00   6,781,592.72
S           3,957.58      3,958.41             0.00         0.00         960.39
R               7.21          7.21             0.00         0.00           0.00

- -------------------------------------------------------------------------------
           54,869.45     60,764.62             0.00         0.00   6,782,553.11
===============================================================================
_______________________________________________________________________________



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    160.198447   0.139118     1.201453     1.340571   0.000000    160.059328
S       96.122000   0.083000   395.758000   395.841000   0.000000     96.039000

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:26                                        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                        1,547.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       708.76

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                                                       6,782,553.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           24

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          189.98

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                  0.6996 %

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                         10.09808662
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.34

POOL TRADING FACTOR:                                                 9.60355980


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

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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     28,484,751.26      6.6117       315,914.24  
S     760920ML9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                 114,708,718.07     28,484,751.26                   315,914.24  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         156,358.55          0.00       472,272.79        0.00    28,168,837.02
S           5,912.19          0.00         5,912.19        0.00             0.00
                                                                                
          162,270.74          0.00       478,184.98        0.00    28,168,837.02
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     248.322462   2.754056     1.363092      0.000000      4.117148  245.568406
S       0.000000   0.000000     0.051541      0.000000      0.051541    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    9,080.85 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 2,930.69 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    9,723.37 
    MASTER SERVICER ADVANCES THIS MONTH                                2,156.64 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4  1,180,689.23 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 2    408,377.89 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  28,168,837.02 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        27,896,887.34 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  97      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              2      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             308,035.79 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      279,417.54 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,151.57 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           35,345.13 
                                                                                
       LOC AMOUNT AVAILABLE                               14,352,531.85         
       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                               6.6114% 
                                                                                
    POOL TRADING FACTOR                                             0.245568406 

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

Run:        03/27/97     11:20:07                                    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     14,547,323.05      7.5497       358,018.40  
S     760920MN5            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,810,233.31     14,547,323.05                   358,018.40  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          89,496.98          0.00       447,515.38        0.00    14,189,304.65
S           2,963.59          0.00         2,963.59        0.00             0.00
                                                                                
           92,460.57          0.00       450,478.97        0.00    14,189,304.65
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     256.068708   6.302005     1.575367      0.000000      7.877372  249.766703
S       0.000000   0.000000     0.052166      0.000000      0.052166    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1991-21B (POOL 3153)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    3,974.66 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,836.52 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,999.84 
    MASTER SERVICER ADVANCES THIS MONTH                                1,267.18 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    521,300.99 
      (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                                                  14,189,304.65 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        14,036,819.96 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  58      
                                                                                
    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             167,509.33 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      338,080.20 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   3,299.78 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,638.42 
                                                                                
       LOC AMOUNT AVAILABLE                               14,352,531.85         
       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                         8.3116% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5675% 
                                                                                
    POOL TRADING FACTOR                                             0.249766703 

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

Run:        03/27/97     11:20:07                                    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      5,201,322.73      8.2500         5,301.41  
S     760920MC9            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  23,305,328.64      5,201,322.73                     5,301.41  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          35,758.68          0.00        41,060.09        0.00     5,196,021.32
S           1,083.60          0.00         1,083.60        0.00             0.00
                                                                                
           36,842.28          0.00        42,143.69        0.00     5,196,021.32
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     223.181694   0.227476     1.534356      0.000000      1.761832  222.954218
S       0.000000   0.000000     0.046496      0.000000      0.046496    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,828.87 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   509.44 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    3,062.80 
    MASTER SERVICER ADVANCES THIS MONTH                                2,540.18 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 3    373,066.52 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,196,021.32 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         4,885,990.45 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  28      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             314,458.73 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                      59.36 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            5,242.05 
                                                                                
       LOC AMOUNT AVAILABLE                               14,352,531.85         
       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                         9.0741% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.2500% 
                                                                                
    POOL TRADING FACTOR                                             0.222954218 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1991-25A  (POOL  3159)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3159                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920NV6   56,799,660.28     13,773,753.65      6.6232        17,317.17  
S     760920NX2            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  56,799,660.28     13,773,753.65                    17,317.17  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          76,019.17          0.00        93,336.34        0.00    13,756,436.48
S           3,156.38          0.00         3,156.38        0.00             0.00
                                                                                
           79,175.55          0.00        96,492.72        0.00    13,756,436.48
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     242.497113   0.304882     1.338374      0.000000      1.643256  242.192232
S       0.000000   0.000000     0.055570      0.000000      0.055570    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    4,304.30 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,150.69 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    5,037.69 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    715,097.25 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  13,756,436.48 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        13,774,119.67 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  53      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                     500.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           16,817.17 
                                                                                
       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                         7.3732% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               6.6232% 
                                                                                
    POOL TRADING FACTOR                                             0.242192232 

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

Run:        03/27/97     11:20:07                                    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     21,558,873.85      7.5547       689,301.87  
S     760920NY0            0.00              0.00      0.2750             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  79,584,135.22     21,558,873.85                   689,301.87  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A         133,671.65          0.00       822,973.52        0.00    20,869,571.98
S           4,865.81          0.00         4,865.81        0.00             0.00
                                                                                
          138,537.46          0.00       827,839.33        0.00    20,869,571.98
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     270.894115   8.661297     1.679627      0.000000     10.340924  262.232817
S       0.000000   0.000000     0.061140      0.000000      0.061140    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    5,568.04 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 3,023.64 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,364.66 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4    750,810.31 
      (B)  TWO MONTHLY PAYMENTS:                                2    576,344.12 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  20,869,571.98 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        20,891,493.73 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  82      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      664,887.43 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   1,273.47 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           23,140.97 
                                                                                
       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                         8.3491% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5870% 
                                                                                
    POOL TRADING FACTOR                                             0.262232817 

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


Run:        03/28/97     14:28:27                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    13,335,330.73     6.575000  %    326,711.67
A-7   760920SA7     5,940,500.00     2,964,014.52    19.910263  %     72,617.48
A-8   760920SL3    45,032,000.00     2,287,322.98     9.000000  %     53,974.16
A-9   760920SB5             0.00             0.00     0.097868  %          0.00
R-I   760920SJ8           500.00            25.39     9.000000  %          0.60
R-II  760920SK5       300,629.00       474,177.03     9.000000  %          0.00
M     760920SH2    10,142,260.00     7,792,876.66     9.000000  %      7,719.12
B                  20,284,521.53    15,350,534.60     9.000000  %     15,205.23

- -------------------------------------------------------------------------------
                  405,690,410.53    42,204,281.91                    476,228.26
===============================================================================
_______________________________________________________________________________
                                                                      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        72,378.92    399,090.59             0.00         0.00  13,008,619.06
A-7        48,715.80    121,333.28             0.00         0.00   2,891,397.04
A-8        16,993.49     70,967.65             0.00         0.00   2,233,348.82
A-9         3,409.64      3,409.64             0.00         0.00           0.00
R-I             0.19          0.79             0.00         0.00          24.79
R-II            0.00          0.00         3,522.86         0.00     477,699.89
M          57,896.57     65,615.69             0.00         0.00   7,785,157.54
B         114,045.60    129,250.83             0.00         0.00  15,335,329.37

- -------------------------------------------------------------------------------
          313,440.21    789,668.47         3,522.86         0.00  41,731,576.51
===============================================================================
_______________________________________________________________________________



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    520.870664  12.761178     2.827081    15.588259   0.000000    508.109486
A-7    498.950344  12.224136     8.200623    20.424759   0.000000    486.726208
A-8     50.793280   1.198573     0.377365     1.575938   0.000000     49.594706
R-I     50.780000   1.200000     0.380000     1.580000   0.000000     49.580000
R-II  1577.283063   0.000000     0.000000     0.000000  11.718297   1589.001360
M      768.357019   0.761085     5.708449     6.469534   0.000000    767.595934
B      756.760990   0.749597     5.622297     6.371894   0.000000    756.011393

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:28                                        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                       12,568.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,350.41

SUBSERVICER ADVANCES THIS MONTH                                       45,439.05
MASTER SERVICER ADVANCES THIS MONTH                                    8,192.42


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,263,716.81

 (B)  TWO MONTHLY PAYMENTS:                                    2     335,575.09

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     257,728.24


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      2,516,006.29

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,731,576.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          163

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                 958,636.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      430,900.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         45.16335730 %    18.46465900 %   36.37198390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            44.59714000 %    18.65531617 %   36.74754380 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.098497 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.59236263
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              282.33

POOL TRADING FACTOR:                                                10.28655729



FIXED STRIP INTEREST ON CLASS A-7:                                          0.00
INVERSE LIBOR INTEREST ON CLASS A-7:                                   48,715.80
TOTAL INTEREST DISTRIBUTION TO CLASS A-7:                              48,715.80


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


Run:        03/28/97     14:28:28                                    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-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     8,001,089.43     6.425000  %    260,494.00
A-6   760920TY4     3,789,773.00     2,353,261.82    15.554000  %     76,615.89
A-7   760920UA4        10,000.00           682.88  7590.550000  %         22.23
A-8   760920TZ1             0.00             0.00     0.051527  %          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     3,063,396.76     9.000000  %      3,136.21
B                   8,174,757.92     5,228,407.03     9.000000  %      5,352.67

- -------------------------------------------------------------------------------
                  163,495,140.92    18,646,837.92                    345,621.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        42,337.01    302,831.01             0.00         0.00   7,740,595.43
A-6        30,144.65    106,760.54             0.00         0.00   2,276,645.93
A-7         4,268.90      4,291.13             0.00         0.00         660.65
A-8           791.29        791.29             0.00         0.00           0.00
R-I             1.93          1.93             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          22,706.16     25,842.37             0.00         0.00   3,060,260.55
B          38,753.39     44,106.06             0.00         0.00   5,223,054.36

- -------------------------------------------------------------------------------
          139,003.33    484,624.33             0.00         0.00  18,301,216.92
===============================================================================
_______________________________________________________________________________



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    620.950599  20.216485     3.285702    23.502187   0.000000    600.734114
A-6    620.950600  20.216485     7.954210    28.170695   0.000000    600.734115
A-7     68.288000   2.223000   426.890000   429.113000   0.000000     66.065000
R-I      0.000000   0.000000    19.300000    19.300000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      832.629625   0.852420     6.171522     7.023942   0.000000    831.777204
B      639.579432   0.654780     4.740616     5.395396   0.000000    638.924652

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:29                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S1 (POOL # 4051)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4051 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,418.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,821.11

SUBSERVICER ADVANCES THIS MONTH                                       14,422.95
MASTER SERVICER ADVANCES THIS MONTH                                    9,182.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     183,692.04

 (B)  TWO MONTHLY PAYMENTS:                                    2     251,697.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     296,398.56


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        944,936.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,301,216.92

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,088,295.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      326,530.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         55.53238660 %    16.42850500 %   28.03910800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            54.73899390 %    16.72162329 %   28.53938280 %

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

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

      * ADJUSTED IN ACCORDANCE WITH THE POOLING AND SERVICING AGREEMENT

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.47950500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.17

POOL TRADING FACTOR:                                                11.19373751


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


Run:        03/28/97     14:28:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     1,383,180.58     8.000000  %    647,905.30
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     3,346,096.57     8.000000  %     77,491.13
A-16  760920SY5             0.00             0.00     0.500000  %          0.00
A-17  760920SZ2        10,000.00           618.31     8.000000  %         14.32
A-18  760920UR7             0.00             0.00     0.168970  %          0.00
R-I   760920TR9        38,000.00         4,846.98     8.000000  %          0.00
R-II  760920TS7       702,000.00       997,719.91     8.000000  %          0.00
M     760920TQ1    12,177,000.00    10,868,223.86     8.000000  %     50,430.78
B                  27,060,001.70    23,174,939.88     8.000000  %    105,458.36

- -------------------------------------------------------------------------------
                  541,188,443.70    65,078,068.09                    881,299.89
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8         9,160.26    657,065.56             0.00         0.00     735,275.28
A-9        41,000.56     41,000.56             0.00         0.00   6,191,000.00
A-10      126,567.56    126,567.56             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       22,159.88     99,651.01             0.00         0.00   3,268,605.44
A-16       26,942.44     26,942.44             0.00         0.00           0.00
A-17            4.09         18.41             0.00         0.00         603.99
A-18        9,104.94      9,104.94             0.00         0.00           0.00
R-I             0.00          0.00            32.31         0.00       4,879.29
R-II            0.00          0.00         6,651.47         0.00   1,004,371.38
M          71,991.45    122,422.23             0.00         0.00  10,817,793.08
B         153,511.51    258,969.87             0.00         0.00  23,067,403.43

- -------------------------------------------------------------------------------
          460,442.69  1,341,742.58         6,683.78         0.00  64,201,373.89
===============================================================================

































Run:        03/28/97     14:28:30
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     76.132793  35.661895     0.504197    36.166092   0.000000     40.470898
A-9   1000.000000   0.000000     6.622607     6.622607   0.000000   1000.000000
A-10  1000.000000   0.000000     6.622606     6.622606   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   190.129926   4.403155     1.259156     5.662311   0.000000    185.726771
A-17    61.831000   1.432000     0.409000     1.841000   0.000000     60.399000
R-I    127.552105   0.000000     0.000000     0.000000   0.850263    128.402368
R-II  1421.253433   0.000000     0.000000     0.000000   9.475028   1430.728462
M      892.520642   4.141478     5.912084    10.053562   0.000000    888.379164
B      856.427880   3.897204     5.673004     9.570208   0.000000    852.453880

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S2 (POOL # 4052)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4052 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,676.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,967.02

SUBSERVICER ADVANCES THIS MONTH                                       23,150.13
MASTER SERVICER ADVANCES THIS MONTH                                    1,644.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,219,737.53

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,041,041.75

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        660,591.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      64,201,373.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          243

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                 199,536.16

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      574,718.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         47.68873030 %    16.70028700 %   35.61098320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            47.22044960 %    16.84978440 %   35.92976600 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1695 %
CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  8.0000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,916,094.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.14410688
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.07

POOL TRADING FACTOR:                                                11.86303489


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


Run:        03/28/97     14:28:32                                    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-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     7,043,249.01     8.080615  %     55,608.27
R                         100.00             0.00     8.080615  %          0.00
B                   5,302,117.23     4,113,628.32     8.080615  %     23,792.16

- -------------------------------------------------------------------------------
                  106,042,332.23    11,156,877.33                     79,400.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          47,363.99    102,972.26             0.00         0.00   6,987,640.74
R               0.00          0.00             0.00         0.00           0.00
B          27,663.06     51,455.22             0.00         0.00   4,089,836.16

- -------------------------------------------------------------------------------
           75,027.05    154,427.48             0.00         0.00  11,077,476.90
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       69.915038   0.551997     0.470160     1.022157   0.000000     69.363041
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      775.846354   4.487294     5.217361     9.704655   0.000000    771.359060

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S4 (POOL # 4054)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4054 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,852.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,263.83

SUBSERVICER ADVANCES THIS MONTH                                       14,823.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     204,173.20

 (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                                                      11,077,476.90

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       14,871.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          63.12921440 %    36.87078560 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             63.07971390 %    36.92028610 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.62039978
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              113.60

POOL TRADING FACTOR:                                                10.44627807



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                 -0.0002


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


Run:        03/28/97     14:28:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     6,350,051.67     7.500000  %     37,885.43
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     0.426261  %          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     4,324,654.89     7.500000  %     24,083.14

- -------------------------------------------------------------------------------
                  116,500,312.92    10,674,706.56                     61,968.57
===============================================================================
_______________________________________________________________________________
                                                                      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        39,678.61     77,564.04             0.00         0.00   6,312,166.24
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        4,446.76      4,446.76             0.00         0.00           0.00
A-12        3,790.96      3,790.96             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          27,022.83     51,105.97             0.00         0.00   4,300,571.75

- -------------------------------------------------------------------------------
           74,939.16    136,907.73             0.00         0.00  10,612,737.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    911.316256   5.437059     5.694404    11.131463   0.000000    905.879196
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      742.390143   4.134224     4.638862     8.773086   0.000000    738.255920

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S5 (POOL # 4055)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4055 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,009.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,106.76

SUBSERVICER ADVANCES THIS MONTH                                        3,517.08
MASTER SERVICER ADVANCES THIS MONTH                                    2,670.99


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     150,240.74

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         83,084.93

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      10,612,737.99

AGGREGATE NUMBER OF 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                 215,723.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        2,523.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          59.48689680 %    40.51310330 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             59.47726450 %    40.52273550 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4263 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.89730926
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              114.58

POOL TRADING FACTOR:                                                 9.10962187


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


Run:        03/28/97     14:28:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S6 (POOL # 4056)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4056 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920VJ4    67,533,900.00             0.00     7.500000  %          0.00
A-2   760920VK1    55,635,000.00             0.00     7.500000  %          0.00
A-3   760920VL9    94,808,000.00             0.00     7.500000  %          0.00
A-4   760920VM7     4,966,000.00             0.00     7.500000  %          0.00
A-5   760920VN5    94,152,000.00             0.00     7.500000  %          0.00
A-6   760920VP0    30,584,000.00             0.00     7.500000  %          0.00
A-7   760920VQ8     5,327,000.00             0.00     7.500000  %          0.00
A-8   760920VR6    32,684,000.00             0.00     7.500000  %          0.00
A-9   760920VV7    30,371,000.00    30,005,090.35     5.692000  %    278,774.57
A-10  760920VS4    10,124,000.00    10,002,026.10    12.923821  %     92,927.91
A-11  760920VT2             0.00             0.00     1.000000  %          0.00
A-12  760920VU9             0.00             0.00     0.143307  %          0.00
R     760920VX3           100.00             0.00     7.500000  %          0.00
M     760920VW5    10,339,213.00     8,770,826.85     7.500000  %      8,279.98
B                  22,976,027.86    19,337,729.01     7.500000  %     18,255.53

- -------------------------------------------------------------------------------
                  459,500,240.86    68,115,672.31                    398,237.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9       141,663.31    420,437.88             0.00         0.00  29,726,315.78
A-10      107,220.17    200,148.08             0.00         0.00   9,909,098.19
A-11       56,499.50     56,499.50             0.00         0.00           0.00
A-12        8,096.80      8,096.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          54,563.14     62,843.12             0.00         0.00   8,762,546.87
B         120,299.63    138,555.16             0.00         0.00  19,319,473.48

- -------------------------------------------------------------------------------
          488,342.55    886,580.54             0.00         0.00  67,717,434.32
===============================================================================
_______________________________________________________________________________



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      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    987.952005   9.178972     4.664427    13.843399   0.000000    978.773033
A-10   987.952005   9.178972    10.590693    19.769665   0.000000    978.773033
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      848.307008   0.800833     5.277301     6.078134   0.000000    847.506176
B      841.648048   0.794547     5.235876     6.030423   0.000000    840.853502

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S6 (POOL # 4056)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4056 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       21,828.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,029.71

SUBSERVICER ADVANCES THIS MONTH                                       45,239.54
MASTER SERVICER ADVANCES THIS MONTH                                    7,049.83


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,874,483.61

 (B)  TWO MONTHLY PAYMENTS:                                    4     861,316.42

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,971,859.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      67,717,434.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          261

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                 869,580.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      333,934.29

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         58.73408440 %    12.87637100 %   28.38954440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            58.53059020 %    12.93986838 %   28.52954140 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1428 %

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.15818788
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.66

POOL TRADING FACTOR:                                                14.73719234


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


Run:        03/28/97     14:28:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S7 (POOL # 4057)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4057 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920WT1   107,070,000.00             0.00     8.500000  %          0.00
A-2   760920WU8    74,668,000.00             0.00     8.500000  %          0.00
A-3   760920WV6    56,784,000.00             0.00     8.500000  %          0.00
A-4   760920WX2    31,674,000.00    29,007,617.82     8.500000  %    145,806.34
A-5   760920WY0    30,082,000.00     3,223,103.17     8.500000  %     16,200.88
A-6   760920WW4             0.00             0.00     0.124969  %          0.00
R     760920XA1       539,100.00             0.00     8.500000  %          0.00
M     760920WZ7     7,278,000.00     6,473,224.63     8.500000  %      6,614.08
B                  15,364,881.77    12,600,213.26     8.500000  %     12,874.38

- -------------------------------------------------------------------------------
                  323,459,981.77    51,304,158.88                    181,495.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       204,982.36    350,788.70             0.00         0.00  28,861,811.48
A-5        22,776.06     38,976.94             0.00         0.00   3,206,902.29
A-6         5,330.16      5,330.16             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          45,743.05     52,357.13             0.00         0.00   6,466,610.55
B          89,039.42    101,913.80             0.00         0.00  12,587,338.88

- -------------------------------------------------------------------------------
          367,871.05    549,366.73             0.00         0.00  51,122,663.20
===============================================================================
_______________________________________________________________________________



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    915.817952   4.603345     6.471628    11.074973   0.000000    911.214608
A-5    107.143912   0.538557     0.757133     1.295690   0.000000    106.605355
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      889.423555   0.908777     6.285113     7.193890   0.000000    888.514777
B      820.065748   0.837909     5.794995     6.632904   0.000000    819.227838

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:37                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S7 (POOL # 4057)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4057 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,608.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,373.30

SUBSERVICER ADVANCES THIS MONTH                                       36,261.11
MASTER SERVICER ADVANCES THIS MONTH                                    2,557.39


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,263,830.54

 (B)  TWO MONTHLY PAYMENTS:                                    1     328,649.42

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     493,840.81


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,397,820.12

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      51,122,663.20

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 302,943.64

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      129,075.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         62.82282310 %    12.61734900 %   24.55982820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            62.72895770 %    12.64920516 %   24.62183720 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1241 %

      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                          9.06965080
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              289.50

POOL TRADING FACTOR:                                                15.80494221



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        03/28/97     14:28:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    26,107,103.62     7.719104  %    755,878.85
S     760920WF1             0.00             0.00     0.150000  %          0.00
R     760920WE4           100.00             0.00     7.719104  %          0.00
B                   7,295,556.68     4,853,996.07     7.719104  %      4,904.24

- -------------------------------------------------------------------------------
                  108,082,314.68    30,961,099.69                    760,783.09
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         164,625.78    920,504.63             0.00         0.00  25,351,224.77
S           3,793.85      3,793.85             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          30,608.25     35,512.49             0.00         0.00   4,849,091.83

- -------------------------------------------------------------------------------
          199,027.88    959,810.97             0.00         0.00  30,200,316.60
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      259.033330   7.499791     1.633408     9.133199   0.000000    251.533539
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      665.335941   0.672221     4.195466     4.867687   0.000000    664.663718

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S8 (POOL # 4058)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4058 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,714.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,346.36

SUBSERVICER ADVANCES THIS MONTH                                       11,085.84
MASTER SERVICER ADVANCES THIS MONTH                                    3,998.04


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,231,029.88

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        226,523.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      30,200,316.60

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 542,864.19

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      729,501.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          84.32227500 %    15.67772500 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.94357290 %    16.05642710 %

      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                          8.37779985
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.90

POOL TRADING FACTOR:                                                27.94195951



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1734

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        03/28/97     14:28:38                                    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-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    20,073,713.27     8.000000  %    686,214.49
A-6   760920WG9     5,000,000.00     7,363,211.68     8.000000  %          0.00
A-7   760920WH7    20,288,000.00     3,048,548.95     8.000000  %     70,825.09
A-8   760920WJ3             0.00             0.00     0.179147  %          0.00
R     760920WL8           100.00             0.00     8.000000  %          0.00
M     760920WK0     4,908,000.00     4,596,958.85     8.000000  %      5,098.22
B                  10,363,398.83     9,706,625.60     8.000000  %     10,765.05

- -------------------------------------------------------------------------------
                  218,151,398.83    44,789,058.35                    772,902.85
===============================================================================
_______________________________________________________________________________
                                                                      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       133,009.53    819,224.02             0.00         0.00  19,387,498.78
A-6             0.00          0.00        48,789.05         0.00   7,412,000.73
A-7        20,199.85     91,024.94             0.00         0.00   2,977,723.86
A-8         6,645.81      6,645.81             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          30,459.70     35,557.92             0.00         0.00   4,591,860.63
B          64,316.63     75,081.68             0.00         0.00   9,695,860.55

- -------------------------------------------------------------------------------
          254,631.52  1,027,534.37        48,789.05         0.00  44,064,944.55
===============================================================================
_______________________________________________________________________________



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    807.019135  27.587732     5.347353    32.935085   0.000000    779.431403
A-6   1472.642336   0.000000     0.000000     0.000000   9.757810   1482.400146
A-7    150.263651   3.490984     0.995655     4.486639   0.000000    146.772667
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      936.625683   1.038757     6.206133     7.244890   0.000000    935.586925
B      936.625692   1.038756     6.206134     7.244890   0.000000    935.586935

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:39                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S9 (POOL # 4059)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4059 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,973.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,700.05

SUBSERVICER ADVANCES THIS MONTH                                        6,098.81
MASTER SERVICER ADVANCES THIS MONTH                                    1,632.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     112,807.66

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        664,889.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      44,064,944.55

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                 208,353.60

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      674,440.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         68.06455640 %    10.26357600 %   21.67186800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            67.57576500 %    10.42066585 %   22.00356920 %

CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1818 %

      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                          8.68518644
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              286.37

POOL TRADING FACTOR:                                                20.19924914



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        03/28/97     14:28:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     2,063,965.52     8.000000  %    316,014.10
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     0.162718  %          0.00
R     760920WS3           100.00             0.00     8.000000  %          0.00
B                   7,347,668.28     5,601,463.69     8.000000  %     34,058.81

- -------------------------------------------------------------------------------
                  139,954,768.28    19,165,429.21                    350,072.91
===============================================================================
_______________________________________________________________________________
                                                                      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        13,685.49    329,699.59             0.00         0.00   1,747,951.42
A-3        76,252.82     76,252.82             0.00         0.00  11,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5         2,584.76      2,584.76             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          37,141.51     71,200.32             0.00         0.00   5,567,404.88

- -------------------------------------------------------------------------------
          129,664.58    479,737.49             0.00         0.00  18,815,356.30
===============================================================================
_______________________________________________________________________________



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     48.453307   7.418694     0.321278     7.739972   0.000000     41.034613
A-3   1000.000000   0.000000     6.630680     6.630680   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      762.345751   4.635322     5.054870     9.690192   0.000000    757.710428

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:40                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S10 (POOL # 4060)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4060 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        5,603.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,036.51

SUBSERVICER ADVANCES THIS MONTH                                        8,156.66
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      29,682.73

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     472,404.80


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        156,541.78

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,815,356.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           90

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      233,540.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          70.77308510 %    29.22691490 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             70.41031380 %    29.58968620 %

CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1587 %

      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                          8.63704595
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              112.88

POOL TRADING FACTOR:                                                13.44388371



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


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


Run:        03/28/97     14:28:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    23,720,619.62     8.500000  %     33,056.26
A-10  760920XQ6     6,395,000.00     3,906,602.17     8.500000  %      5,444.11
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     0.172355  %          0.00
R     760920XW3           100.00             0.00     8.500000  %          0.00
M     760920XV5     7,292,000.00     6,348,530.44     8.500000  %      6,318.96
B                  15,395,727.87    12,783,433.55     8.500000  %     12,723.90

- -------------------------------------------------------------------------------
                  324,107,827.87    46,759,185.78                     57,543.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             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       167,981.56    201,037.82             0.00         0.00  23,687,563.36
A-10       27,665.26     33,109.37             0.00         0.00   3,901,158.06
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        6,714.42      6,714.42             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          44,958.19     51,277.15             0.00         0.00   6,342,211.48
B          90,528.02    103,251.92             0.00         0.00  12,770,709.65

- -------------------------------------------------------------------------------
          337,847.45    395,390.68             0.00         0.00  46,701,642.55
===============================================================================










































Run:        03/28/97     14:28:41
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    610.883843   0.851307     4.326077     5.177384   0.000000    610.032536
A-10   610.883842   0.851307     4.326077     5.177384   0.000000    610.032535
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      870.615804   0.866561     6.165413     7.031974   0.000000    869.749243
B      830.323429   0.826456     5.880075     6.706531   0.000000    829.496972

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:42                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S11 (POOL # 4061)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4061 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,862.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,828.52

SUBSERVICER ADVANCES THIS MONTH                                       21,782.87
MASTER SERVICER ADVANCES THIS MONTH                                   12,108.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,633,203.57

 (B)  TWO MONTHLY PAYMENTS:                                    2     548,724.23

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     101,126.14


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        394,515.09

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,701,642.55

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       5

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,482,022.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       11,001.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         59.08405230 %    13.57707700 %   27.33887120 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            59.07441350 %    13.58027498 %   27.34531150 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1724 %

      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                          9.13818226
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              288.85

POOL TRADING FACTOR:                                                14.40929176



OPTIMAL PERCENTAGE:                               NOT APPLICABLE UNTIL CREDIT
                                                  SUPPORT DEPLETION DATE


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


Run:        03/28/97     14:28:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S12 (POOL # 4062)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4062 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920XE3   100,482,169.00     8,773,112.80     7.903543  %    212,932.83
R     760920XF0           100.00             0.00     7.903543  %          0.00
B                   5,010,927.54     3,975,745.29     7.903543  %     22,079.19

- -------------------------------------------------------------------------------
                  105,493,196.54    12,748,858.09                    235,012.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          57,527.96    270,460.79             0.00         0.00   8,560,179.97
R               0.00          0.00             0.00         0.00           0.00
B          26,070.16     48,149.35             0.00         0.00   3,953,666.10

- -------------------------------------------------------------------------------
           83,598.12    318,610.14             0.00         0.00  12,513,846.07
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       87.310146   2.119111     0.572519     2.691630   0.000000     85.191035
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      793.415043   4.406208     5.202662     9.608870   0.000000    789.008835

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:43                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S12 (POOL # 4062)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4062 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,172.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,340.37

SUBSERVICER ADVANCES THIS MONTH                                        5,835.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     168,104.84

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        452,010.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      12,513,846.07

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                      164,211.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          68.81489100 %    31.18510900 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             68.40566780 %    31.59433220 %

      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                          8.33265771
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              116.58

POOL TRADING FACTOR:                                                11.86223044


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

Run:        03/27/97     11:20:07                                    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     27,612,469.21      8.3597       280,105.76  
                                                                                
- --------------------------------------------------------------------------------
                 149,986,318.83     27,612,469.21                   280,105.76  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
          192,037.96          0.00       472,143.72        0.00    27,332,363.45
                                                                                
          192,037.96          0.00       472,143.72        0.00    27,332,363.45
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
      184.099919   1.867542     1.280370      0.000000      3.147912  182.232377
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-13 (POOL 3165)         
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    7,962.21 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 5,196.12 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,444.61 
    MASTER SERVICER ADVANCES THIS MONTH                                1,704.65 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 0          0.00 
      (B)  TWO MONTHLY PAYMENTS:                                2    489,534.22 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 3  1,088,199.52 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  27,332,363.45 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        27,148,813.74 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                 113      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             215,240.73 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                      248,274.37 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                   4,604.15 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION           27,227.24 
                                                                                
       FSA GUARANTY INSURANCE POLICY                       8,168,929.39         
       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                         8.9394% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.3637% 
                                                                                
    POOL TRADING FACTOR                                             0.182232377 

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


Run:        03/28/97     14:28:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    17,442,859.60     8.350000  %    736,197.95
S     760920XD5             0.00             0.00     0.150000  %          0.00
R     760920XC7           100.00             0.00     8.350000  %          0.00
B                   6,546,994.01     3,375,760.49     8.350000  %      3,739.30

- -------------------------------------------------------------------------------
                   93,528,473.01    20,818,620.09                    739,937.25
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         119,395.65    855,593.60             0.00         0.00  16,706,661.65
S           2,559.93      2,559.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          23,106.94     26,846.24             0.00         0.00   3,372,021.19

- -------------------------------------------------------------------------------
          145,062.52    884,999.77             0.00         0.00  20,078,682.84
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      200.535561   8.463857     1.372658     9.836515   0.000000    192.071704
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      515.619914   0.571148     3.529397     4.100545   0.000000    515.048767

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:45                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S14 (POOL # 4063)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4063 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,264.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,431.15

SUBSERVICER ADVANCES THIS MONTH                                       21,464.17
MASTER SERVICER ADVANCES THIS MONTH                                    6,900.83


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     502,993.89

 (B)  TWO MONTHLY PAYMENTS:                                    1     218,018.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,915,760.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      20,078,682.84

AGGREGATE NUMBER OF 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                 843,966.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      716,876.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.78489800 %    16.21510200 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.20596420 %    16.79403580 %

      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                          9.08902048
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              270.13

POOL TRADING FACTOR:                                                21.46798958



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:        03/28/97     14:28:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     3,385,153.06     8.000000  %     22,175.29
A-6   760920ZF8     6,450,000.00     4,366,847.49     8.000000  %     28,606.13
A-7   760920ZG6    37,500,000.00             0.00     8.000000  %          0.00
A-8   760920ZH4    10,000,000.00     1,692,576.55     8.000000  %     11,087.65
A-9   760920ZJ0     9,350,000.00       203,109.19     8.000000  %      1,330.52
A-10  760920ZC5    60,000,000.00     4,620,023.20     8.000000  %     30,264.63
A-11  760920ZD3    15,000,000.00     1,155,005.77     8.000000  %      7,566.16
A-12  760920ZB7             0.00             0.00     0.240312  %          0.00
R     760920ZK7           100.00             0.00     8.000000  %          0.00
B                   8,345,599.90     6,448,284.60     8.000000  %     38,482.37

- -------------------------------------------------------------------------------
                  208,639,599.90    21,870,999.86                    139,512.75
===============================================================================
_______________________________________________________________________________
                                                                      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        22,558.29     44,733.58             0.00         0.00   3,362,977.77
A-6        29,100.20     57,706.33             0.00         0.00   4,338,241.36
A-7             0.00          0.00             0.00         0.00           0.00
A-8        11,279.14     22,366.79             0.00         0.00   1,681,488.90
A-9         1,353.50      2,684.02             0.00         0.00     201,778.67
A-10       30,787.32     61,051.95             0.00         0.00   4,589,758.57
A-11        7,696.83     15,262.99             0.00         0.00   1,147,439.61
A-12        4,378.07      4,378.07             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          42,970.67     81,453.04             0.00         0.00   6,409,802.23

- -------------------------------------------------------------------------------
          150,124.02    289,636.77             0.00         0.00  21,731,487.11
===============================================================================
_______________________________________________________________________________



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    172.711891   1.131392     1.150933     2.282325   0.000000    171.580499
A-6    677.030619   4.435059     4.511659     8.946718   0.000000    672.595560
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    169.257655   1.108765     1.127914     2.236679   0.000000    168.148890
A-9     21.722908   0.142302     0.144759     0.287061   0.000000     21.580606
A-10    77.000387   0.504411     0.513122     1.017533   0.000000     76.495976
A-11    77.000385   0.504411     0.513122     1.017533   0.000000     76.495974
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      772.656810   4.611098     5.148900     9.759998   0.000000    768.045714

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:46                                        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                        5,673.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,340.78

SUBSERVICER ADVANCES THIS MONTH                                       10,904.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     450,401.74

 (B)  TWO MONTHLY PAYMENTS:                                    2     424,739.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      21,731,487.11

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        8,989.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          70.51673610 %    29.48326390 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             70.50453930 %    29.49546070 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2402 %

      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                          8.67668908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              112.75

POOL TRADING FACTOR:                                                10.41580176


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:        03/28/97     14:28:47                                    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-S16 (POOL # 4065)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4065 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920XY9    39,900,000.00             0.00     7.000000  %          0.00
A-2   760920YD4    22,000,000.00             0.00     0.000000  %          0.00
A-3   760920YE2       100,000.00             0.00     0.000000  %          0.00
A-4   760920YF9    88,000,000.00             0.00     8.250000  %          0.00
A-5   760920YG7    26,000,000.00             0.00     8.250000  %          0.00
A-6   760920YH5    39,064,000.00             0.00     8.250000  %          0.00
A-7   760920YJ1    30,000,000.00             0.00     8.250000  %          0.00
A-8   760920YK8    20,625,000.00    17,804,446.82     6.092000  %    180,043.16
A-9   760920YL6     4,375,000.00     3,776,700.83    18.423427  %     38,190.97
A-10  760920XZ6    23,595,000.00     1,885,504.17     7.270000  %     19,066.70
A-11  760920YA0     6,435,000.00       514,228.39    11.843331  %      5,200.01
A-12  760920YB8             0.00             0.00     0.500000  %          0.00
A-13  760920YC6             0.00             0.00     0.227852  %          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     6,144,950.98     8.750000  %      5,229.95
B                  15,327,940.64    12,001,675.55     8.750000  %     10,214.58

- -------------------------------------------------------------------------------
                  322,682,743.64    42,127,506.74                    257,945.37
===============================================================================
_______________________________________________________________________________
                                                                      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             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        90,323.39    270,366.55             0.00         0.00  17,624,403.66
A-9        57,942.18     96,133.15             0.00         0.00   3,738,509.86
A-10       11,414.94     30,481.64             0.00         0.00   1,866,437.47
A-11        5,071.56     10,271.57             0.00         0.00     509,028.38
A-12        9,984.97      9,984.97             0.00         0.00           0.00
A-13        7,993.37      7,993.37             0.00         0.00           0.00
R-I             0.01          0.01             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          44,775.28     50,005.23             0.00         0.00   6,139,721.03
B          87,450.41     97,664.99             0.00         0.00  11,991,460.97

- -------------------------------------------------------------------------------
          314,956.11    572,901.48             0.00         0.00  41,869,561.37
===============================================================================







































Run:        03/28/97     14:28:47
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    863.245906   8.729365     4.379316    13.108681   0.000000    854.516541
A-9    863.245904   8.729365    13.243927    21.973292   0.000000    854.516539
A-10    79.911175   0.808082     0.483786     1.291868   0.000000     79.103093
A-11    79.911172   0.808082     0.788121     1.596203   0.000000     79.103089
R-I      0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      846.341685   0.720319     6.166882     6.887201   0.000000    845.621366
B      782.993347   0.666403     5.705293     6.371696   0.000000    782.326945

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:48                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S16 (POOL # 4065)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4065 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       10,885.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,324.11

SUBSERVICER ADVANCES THIS MONTH                                       48,090.90
MASTER SERVICER ADVANCES THIS MONTH                                    8,053.70


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,375,900.85

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,089,994.42

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,315,184.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,869,561.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          170

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                 975,500.08

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      222,090.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         56.92451810 %    14.58655300 %   28.48892920 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            56.69603070 %    14.66392489 %   28.64004440 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2277 %

      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                          9.42220823
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.66

POOL TRADING FACTOR:                                                12.97545722


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


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

Run:        03/27/97     11:20:07                                    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      5,554,660.97      8.0000         5,137.30  
S     760920YS1            0.00              0.00      0.5605             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  32,200,599.87      5,554,660.97                     5,137.30  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          37,030.17          0.00        42,167.47        0.00     5,549,523.67
S           2,594.43          0.00         2,594.43        0.00             0.00
                                                                                
           39,624.60          0.00        44,761.90        0.00     5,549,523.67
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     172.501785   0.159541     1.149984      0.000000      1.309525  172.342245
S       0.000000   0.000000     0.080571      0.000000      0.080571    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         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                    1,673.47 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   555.08 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    7,115.34 
    MASTER SERVICER ADVANCES THIS MONTH                                1,976.59 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 2    327,567.16 
      (B)  TWO MONTHLY PAYMENTS:                                0          0.00 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 1    581,112.78 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                   5,549,523.67 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         5,324,691.81 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  20      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              1      
                                                                                
    BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH                                  
    FORECLOSURE OR GRANT OF A DEED IN LIEU OF                                   
    FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS             234,910.73 
                                                                                
    TOTAL PAYOFFS INCLUDED IN THIS DISTRIBUTION                            0.00 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     137.63 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            4,999.67 
                                                                                
       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                         9.0390% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               8.0000% 
                                                                                
    POOL TRADING FACTOR                                             0.172342245 

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

Run:        03/27/97     11:20:07                                    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      6,961,598.68      7.6285         7,706.82  
S     760920YU6            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  63,951,716.07      6,961,598.68                     7,706.82  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          44,253.15          0.00        51,959.97        0.00     6,953,891.86
S           1,450.25          0.00         1,450.25        0.00             0.00
                                                                                
           45,703.40          0.00        53,410.22        0.00     6,953,891.86
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     108.857105   0.120510     0.691978      0.000000      0.812488  108.736595
S       0.000000   0.000000     0.022677      0.000000      0.022677    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17B (POOL 3167)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    1,516.65 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                   727.56 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                    4,066.86 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 1    276,837.50 
      (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                                                   6,953,891.86 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                         6,961,459.15 
                                                                                
    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                     400.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            7,306.82 
                                                                                
       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                         8.2059% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.5694% 
                                                                                
    POOL TRADING FACTOR                                             0.108736595 

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

Run:        03/27/97     11:20:07                                    rept1.rkg  
Page:         1 of 2                                                            
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-17C  (POOL  3168)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                           DISTRIBUTION SUMMARY  3168                           
                                                                                
- --------------------------------------------------------------------------------
                                       PRINCIPAL       CURRENT                  
                     ORIGINAL       BALANCE BEFORE   PASS_THROUGH    PRINCIPAL  
CLASS   CUSIP       FACE VALUE       DISTRIBUTION        RATE      DISTRIBUTION 
- --------------------------------------------------------------------------------
                                                                                
A     760920YV4   75,606,730.04     10,720,405.47      7.7744       698,277.15  
S     760920YW2            0.00              0.00      0.2500             0.00  
                                                                                
- --------------------------------------------------------------------------------
                  75,606,730.04     10,720,405.47                   698,277.15  
================================================================================
- --------------------------------------------------------------------------------
                       REO LIQUIDATIONS/               REAL ESTATE    REMAINING 
           INTEREST       SUBSEQUENT         TOTAL        OWNED/      PRINCIPAL 
         DISTRIBUTION   RECVS. & EXPS.   DISTRIBUTION   PRINLOSS       BALANCE  
- --------------------------------------------------------------------------------
A          66,356.90          0.00       764,634.05        0.00    10,022,128.32
S           2,133.83          0.00         2,133.83        0.00             0.00
                                                                                
           68,490.73          0.00       766,767.88        0.00    10,022,128.32
================================================================================
- --------------------------------------------------------------------------------
                                                                                
                                  AMOUNT PER $1,000 UNIT                        
                                                                                
- --------------------------------------------------------------------------------
      BEGINNING                               REO LIQ./                   ENDING
       BALANCE    PRINCIPAL     INTEREST    SUBSEQ.RECVS.    TOTAL       BALANCE
CLASS  FACTOR      FACTOR        FACTOR      & EXPENSES   DISTRIBUTION    FACTOR
A     141.791683   9.235648     0.877659      0.000000     10.113307  132.556035
S       0.000000   0.000000     0.028223      0.000000      0.028223    0.000000
                                                                                
                                                                                
Determination Date       20-March-1997                                          
Distribution Date        25-March-1997                                          
                                                                                
MASTER SERVICER                                                                 
RESIDENTIAL FUNDING CORPORATION                                                 
BOND ADMINISTRATION                                                             
10 UNIVERSAL CITY PLAZA, SUITE 2100                                             
UNIVERSAL CITY, CA 91608                                                        
(818) 753-3500                                                                  
                                                                                
Run:    03/27/97    11:20:07                                         rept2.rkg  
Page:   2 of 2                                                                  
                                                                                
                    RESIDENTIAL FUNDING CORPORATION (SELLER)                    
                   RESIDENTIAL FUNDING CORPORATION (SERVICER)                   
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES  1992-17C (POOL 3168)        
                        STATEMENT TO CERTIFICATEHOLDERS                         
                         ADDITIONAL RELATED INFORMATION                         
- --------------------------------------------------------------------------------
                                                                                
    SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                    2,745.73 
    SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                 1,071.55 
                                                                                
    SUBSERVICER ADVANCES THIS MONTH                                   10,293.68 
    MASTER SERVICER ADVANCES THIS MONTH                                    0.00 
                                                                                
                                                            NUMBER OF PRINCIPAL 
    DELINQUENCIES:                                            LOANS    BALANCE  
      (A)  ONE MONTHLY PAYMENT:                                 4  1,104,944.05 
      (B)  TWO MONTHLY PAYMENTS:                                1    226,128.70 
      (C)  THREE OR MORE MONTHLY PAYMENTS:                      0          0.00 
      (D)  LOANS IN FORECLOSURE                                 0          0.00 
                                                                                
    SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER                         
    DISTRIBUTION                                                  10,022,128.32 
    ACTUAL UPAID PRINCIPAL BALANCE @ 02/28                        10,033,054.37 
                                                                                
    AGGREGATE NUMBER LOANS IN THE POOL AS OF THE                                
    DETERMINATION DATE                                                  36      
                                                                                
    NUMBER OF REO LOANS ACQUIRED                                                
    INCLUDING ANY PENDING CASH LIQUIDATIONS                              0      
                                                                                
    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                      688,142.78 
    TOTAL CURTAILMENTS INCLUDED IN THIS DISTRIBUTION                     300.00 
    TOTAL REO LIQUIDATIONS INCLUDED IN THIS DISTRIBUTION                   0.00 
    TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                        0.00 
    TOTAL SCHEDULED PRINCIPAL INCLUDED IN THIS DISTRIBUTION            9,834.37 
                                                                                
       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                         8.4268% 
    NEXT PERIOD ADJUSTABLE PASS THRU RATE                               7.7298% 
                                                                                
    POOL TRADING FACTOR                                             0.132556035 

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


Run:        03/28/97     14:28:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S18 (POOL # 4066)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4066 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920A57    23,863,000.00             0.00     7.400000  %          0.00
A-2   760920A73    38,374,000.00             0.00     7.450000  %          0.00
A-3   760920A99    23,218,000.00             0.00     7.750000  %          0.00
A-4   760920B49     9,500,000.00     5,896,439.90     7.950000  %     68,707.82
A-5   760920B31        41,703.00           294.81  1008.000000  %          3.44
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     0.383781  %          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     5,709,708.85     8.000000  %     32,560.45

- -------------------------------------------------------------------------------
                  157,858,019.23    17,094,443.56                    101,271.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        39,055.44    107,763.26             0.00         0.00   5,827,732.08
A-5           247.59        251.03             0.00         0.00         291.37
A-6        36,578.73     36,578.73             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        5,465.91      5,465.91             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
B          38,056.48     70,616.93             0.00         0.00   5,677,148.40

- -------------------------------------------------------------------------------
          119,404.15    220,675.86             0.00         0.00  16,993,171.85
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      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    620.677884   7.232402     4.111099    11.343501   0.000000    613.445482
A-5      7.069276   0.082488     5.936983     6.019471   0.000000      6.986788
A-6   1000.000000   0.000000     6.665220     6.665220   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      803.748710   4.583495     5.357163     9.940658   0.000000    799.165215

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:50                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S18 (POOL # 4066)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4066 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,510.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,806.57

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      16,993,171.85

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                        3,788.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          66.59903650 %    33.40096350 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             66.59159070 %    33.40840930 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3839 %

      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                          8.82562567
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              117.46

POOL TRADING FACTOR:                                                10.76484548


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


Run:        03/28/97     14:28:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    14,032,067.54     8.500000  %    520,275.29
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     0.170031  %          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     5,533,713.22     8.500000  %     36,843.94
B                  12,805,385.16    10,721,871.97     8.500000  %     33,218.60

- -------------------------------------------------------------------------------
                  320,111,585.16    39,391,652.73                    590,337.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             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        98,644.34    618,919.63             0.00         0.00  13,511,792.25
A-7        64,000.41     64,000.41             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        5,539.42      5,539.42             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          38,901.58     75,745.52             0.00         0.00   5,496,869.28
B          75,373.91    108,592.51             0.00         0.00  10,650,484.84

- -------------------------------------------------------------------------------
          282,459.66    872,797.49             0.00         0.00  38,763,146.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    416.381826  15.438436     2.927132    18.365568   0.000000    400.943390
A-7   1000.000000   0.000000     7.029922     7.029922   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      864.372574   5.755067     6.076473    11.831540   0.000000    858.617507
B      837.293985   2.594112     5.886111     8.480223   0.000000    831.719211

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:52                                        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                        9,589.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,033.96

SUBSERVICER ADVANCES THIS MONTH                                       26,852.75
MASTER SERVICER ADVANCES THIS MONTH                                    2,548.21


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,008,155.05

 (B)  TWO MONTHLY PAYMENTS:                                    1     394,674.74

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,091,119.39


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        804,459.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,763,146.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          147

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                 307,207.73

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      366,233.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         58.73342690 %    14.04793400 %   27.21863960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            58.34354110 %    14.18065816 %   27.47580070 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1677 %

      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                          9.09082747
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.66

POOL TRADING FACTOR:                                                12.10926070


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


Run:        03/28/97     14:28:53                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,569,170.27     8.100000  %    441,540.97
A-6   760920D70     2,829,000.00       751,782.09     8.100000  %     45,110.35
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     6,712,217.91     8.100000  %          0.00
A-10  760920E53    16,830,000.00             0.00     8.100000  %          0.00
A-11  760920D96     8,130,000.00     2,032,320.37     8.100000  %     34,970.64
A-12  760920F37    10,000,000.00       814,230.95     8.100000  %     14,010.68
A-13  760920E95             0.00             0.00     0.400000  %          0.00
A-14  760920F29             0.00             0.00     0.243418  %          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     7,556,083.80     8.500000  %      7,477.26
B                  16,895,592.50    15,064,153.12     8.500000  %     14,907.02

- -------------------------------------------------------------------------------
                  375,449,692.50    51,126,958.51                    558,016.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        64,310.88    505,851.85             0.00         0.00   9,127,629.30
A-6         5,052.45     50,162.80             0.00         0.00     706,671.74
A-7        17,003.20     17,003.20             0.00         0.00   2,530,000.00
A-8        40,975.70     40,975.70             0.00         0.00   6,097,000.00
A-9             0.00          0.00        45,110.35         0.00   6,757,328.26
A-10            0.00          0.00             0.00         0.00           0.00
A-11       13,658.48     48,629.12             0.00         0.00   1,997,349.73
A-12        5,472.15     19,482.83             0.00         0.00     800,220.27
A-13        9,460.90      9,460.90             0.00         0.00           0.00
A-14       10,325.89     10,325.89             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          53,289.40     60,766.66             0.00         0.00   7,548,606.54
B         106,240.20    121,147.22             0.00         0.00  15,049,246.10

- -------------------------------------------------------------------------------
          325,789.25    883,806.17        45,110.35         0.00  50,614,051.94
===============================================================================











































Run:        03/28/97     14:28:53
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    249.164699  11.496966     1.674544    13.171510   0.000000    237.667733
A-6    265.741283  15.945688     1.785949    17.731637   0.000000    249.795596
A-7   1000.000000   0.000000     6.720632     6.720632   0.000000   1000.000000
A-8   1000.000000   0.000000     6.720633     6.720633   0.000000   1000.000000
A-9   1448.159204   0.000000     0.000000     0.000000   9.732546   1457.891750
A-10     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-11   249.977905   4.301432     1.680010     5.981442   0.000000    245.676474
A-12    81.423095   1.401068     0.547215     1.948283   0.000000     80.022027
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      894.422798   0.885092     6.307931     7.193023   0.000000    893.537706
B      891.602536   0.882303     6.288042     7.170345   0.000000    890.720234

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:54                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S20 (POOL # 4068)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4068 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,555.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,314.80

SUBSERVICER ADVANCES THIS MONTH                                       35,612.31
MASTER SERVICER ADVANCES THIS MONTH                                    2,590.83


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     776,128.87

 (B)  TWO MONTHLY PAYMENTS:                                    2   1,384,653.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,226,051.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,614,051.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          190

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                 306,022.25

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      462,312.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         55.75673270 %    14.77906000 %   29.46420750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            55.35261100 %    14.91405302 %   29.73333590 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2436 %

      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                          9.18940802
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              291.11

POOL TRADING FACTOR:                                                13.48091447


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


Run:        03/28/97     14:28:55                                    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-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    35,645,587.54     6.673231  %    494,962.87
S     760920ZN1             0.00             0.00     0.150000  %          0.00
R     760920ZM3           100.00             0.00     6.673231  %          0.00
B                   7,968,810.12     1,926,638.93     6.673231  %      2,271.99

- -------------------------------------------------------------------------------
                  113,840,137.12    37,572,226.47                    497,234.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         196,171.84    691,134.71             0.00         0.00  35,150,624.67
S           4,647.86      4,647.86             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          10,603.06     12,875.05             0.00         0.00   1,924,366.94

- -------------------------------------------------------------------------------
          211,422.76    708,657.62             0.00         0.00  37,074,991.61
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      336.688150   4.675141     1.852929     6.528070   0.000000    332.013009
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      241.772473   0.285110     1.330570     1.615680   0.000000    241.487363

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:55                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S21 (POOL # 4069)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4069 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,185.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,848.65

SUBSERVICER ADVANCES THIS MONTH                                       19,133.85
MASTER SERVICER ADVANCES THIS MONTH                                    5,620.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     611,595.89

 (B)  TWO MONTHLY PAYMENTS:                                    2     417,205.17

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     572,474.58


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                      1,186,346.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,074,991.61

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

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                 872,027.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      452,927.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.87217260 %     5.12782740 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.80952830 %     5.19047170 %

      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                          7.35307400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              296.55

POOL TRADING FACTOR:                                                32.56759219



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.1494

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        03/28/97     14:33:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,154,870.74     8.500000  %    744,617.84
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       806,634.01     0.094424  %      4,007.49
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     3,892,413.12     8.500000  %      3,860.31
B                  10,804,782.23     9,648,963.52     8.500000  %      9,569.38

- -------------------------------------------------------------------------------
                  216,050,982.23    36,478,002.79                    762,055.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             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       134,671.08    879,288.92             0.00         0.00  18,410,252.90
A-7        20,917.02     20,917.02             0.00         0.00   2,975,121.40
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11        2,848.97      6,856.46             0.00         0.00     802,626.52
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          27,366.17     31,226.48             0.00         0.00   3,888,552.81
B          67,838.45     77,407.83             0.00         0.00   9,639,394.14

- -------------------------------------------------------------------------------
          253,641.69  1,015,696.71             0.00         0.00  35,715,947.77
===============================================================================
_______________________________________________________________________________



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    934.383939  36.322821     6.569321    42.892142   0.000000    898.061117
A-7   1000.000000   0.000000     7.030644     7.030644   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   220.278718   1.094381     0.778008     1.872389   0.000000    219.184337
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      901.021556   0.893590     6.334762     7.228352   0.000000    900.127965
B      893.027117   0.885663     6.278556     7.164219   0.000000    892.141455

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:46                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S23 (POOL # 4070)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4070 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,896.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,747.51

SUBSERVICER ADVANCES THIS MONTH                                        6,899.53
MASTER SERVICER ADVANCES THIS MONTH                                    5,706.17


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     452,834.56

 (B)  TWO MONTHLY PAYMENTS:                                    1      80,361.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        322,715.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      35,715,947.77

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

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                 726,226.05

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      725,877.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         62.87796590 %    10.67057600 %   26.45145780 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            62.12351120 %    10.88744119 %   26.98904760 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0909 %

      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                          8.82927500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.54

POOL TRADING FACTOR:                                                16.53125915



COFI INDEX USED FOR THIS DISTRIBUTION                                     0.0000


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


Run:        03/28/97     14:28:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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     7,253,933.35     8.000000  %    112,070.89
A-7   760920J90     7,108,000.00             0.00     8.000000  %          0.00
A-8   760920K23    10,000,000.00     1,015,894.15     8.000000  %     15,695.23
A-9   760920K31    37,500,000.00     3,963,176.11     8.000000  %     61,229.77
A-10  760920J74    17,000,000.00     5,931,553.58     8.000000  %     91,640.56
A-11  760920J66             0.00             0.00     0.346555  %          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     6,690,223.76     8.000000  %     45,656.12

- -------------------------------------------------------------------------------
                  183,771,178.70    24,854,780.95                    326,292.57
===============================================================================
_______________________________________________________________________________
                                                                      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        48,256.21    160,327.10             0.00         0.00   7,141,862.46
A-7             0.00          0.00             0.00         0.00           0.00
A-8         6,758.16     22,453.39             0.00         0.00   1,000,198.92
A-9        26,364.71     87,594.48             0.00         0.00   3,901,946.34
A-10       39,459.18    131,099.74             0.00         0.00   5,839,913.02
A-11        7,162.61      7,162.61             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          44,506.17     90,162.29             0.00         0.00   6,606,632.68

- -------------------------------------------------------------------------------
          172,507.04    498,799.61             0.00         0.00  24,490,553.42
===============================================================================
_______________________________________________________________________________



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-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    660.529353  10.204962     4.394119    14.599081   0.000000    650.324391
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    101.589415   1.569523     0.675816     2.245339   0.000000    100.019892
A-9    105.684696   1.632794     0.703059     2.335853   0.000000    104.051902
A-10   348.914916   5.390621     2.321128     7.711749   0.000000    343.524295
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      808.977145   5.520706     5.381655    10.902361   0.000000    798.869371

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:56                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S22 (POOL # 4072)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4072 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        6,351.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,606.85

SUBSERVICER ADVANCES THIS MONTH                                       10,859.84
MASTER SERVICER ADVANCES THIS MONTH                                    2,223.66


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     635,691.43

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        196,791.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      24,490,553.42

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 185,040.38

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       53,679.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          73.08274910 %    26.91725090 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             73.02375100 %    26.97624900 %

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                          8.78364509
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              118.18

POOL TRADING FACTOR:                                                13.32665633


                                                  PAC         COMPANION
ENDING A-7 PRINCIPAL COMPONENT:                        0.00           0.00
ENDING A-8 PRINCIPAL COMPONENT:                1,000,198.92           0.00
ENDING A-9 PRINCIPAL COMPONENT:                3,901,946.34           0.00
ENDING A-10 PRINCIPAL COMPONENT:               5,839,913.02           0.00


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


Run:        03/28/97     14:28:59                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    31,790,266.45     7.511195  %     37,846.77
S     760920H84             0.00             0.00     0.150000  %          0.00
R     760920H76           100.00             0.00     7.511195  %          0.00
B                   8,084,552.09     6,477,186.46     7.511195  %      6,937.20

- -------------------------------------------------------------------------------
                  134,742,525.09    38,267,452.91                     44,783.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         198,965.42    236,812.19             0.00         0.00  31,752,419.68
S           4,782.94      4,782.94             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          40,538.71     47,475.91             0.00         0.00   6,470,249.26

- -------------------------------------------------------------------------------
          244,287.07    289,071.04             0.00         0.00  38,222,668.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      250.993213   0.298811     1.570889     1.869700   0.000000    250.694402
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      801.180621   0.858082     5.014341     5.872423   0.000000    800.322540

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:00                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S25 (POOL # 4074)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4074 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,313.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,216.73

SUBSERVICER ADVANCES THIS MONTH                                       16,746.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     307,600.77

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


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

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      38,222,668.94

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        3,798.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.07390230 %    16.92609770 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.07222010 %    16.92777990 %

      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                          8.21534838
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              294.17

POOL TRADING FACTOR:                                                28.36719062



PASS THROUGH RATE FOR NEXT DISTRIBUTION:                                  0.2179

TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                       0.00

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


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


Run:        03/28/97     14:29:00                                    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-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     1,238,484.27     8.500000  %     78,757.76
A-11  760920T24    20,000,000.00    11,258,947.67     8.500000  %    715,979.59
A-12  760920P44    39,837,000.00    22,426,134.93     8.500000  %  1,426,123.95
A-13  760920P77     4,598,000.00     6,697,124.52     8.500000  %          0.00
A-14  760920M62     2,400,000.00       300,875.47     8.500000  %     46,689.74
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     0.091674  %          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     7,709,815.03     8.500000  %      7,052.51
B                  17,878,726.36    15,156,102.49     8.500000  %     13,863.95

- -------------------------------------------------------------------------------
                  376,384,926.36    76,789,484.38                  2,288,467.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             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        8,634.23     87,391.99             0.00         0.00   1,159,726.51
A-11       78,492.98    794,472.57             0.00         0.00  10,542,968.08
A-12      156,346.25  1,582,470.20             0.00         0.00  21,000,010.98
A-13            0.00          0.00        46,689.74         0.00   6,743,814.26
A-14        2,097.58     48,787.32             0.00         0.00     254,185.73
A-15       25,794.95     25,794.95             0.00         0.00   3,700,000.00
A-16       27,886.43     27,886.43             0.00         0.00   4,000,000.00
A-17       29,991.86     29,991.86             0.00         0.00   4,302,000.00
A-18        5,773.78      5,773.78             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          53,749.82     60,802.33             0.00         0.00   7,702,762.52
B         105,662.42    119,526.37             0.00         0.00  15,142,238.54

- -------------------------------------------------------------------------------
          494,430.30  2,782,897.80        46,689.74         0.00  74,547,706.62
===============================================================================




























Run:        03/28/97     14:29:00
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   562.947395  35.798982     3.924650    39.723632   0.000000    527.148414
A-11   562.947384  35.798980     3.924649    39.723629   0.000000    527.148404
A-12   562.947384  35.798980     3.924649    39.723629   0.000000    527.148404
A-13  1456.529909   0.000000     0.000000     0.000000  10.154358   1466.684267
A-14   125.364779  19.454058     0.873992    20.328050   0.000000    105.910721
A-15  1000.000000   0.000000     6.971608     6.971608   0.000000   1000.000000
A-16  1000.000000   0.000000     6.971608     6.971608   0.000000   1000.000000
A-17  1000.000000   0.000000     6.971609     6.971609   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      910.357189   0.832744     6.346655     7.179399   0.000000    909.524444
B      847.717124   0.775444     5.909952     6.685396   0.000000    846.941680

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:02                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S26 (POOL # 4075)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4075 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,719.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,885.77

SUBSERVICER ADVANCES THIS MONTH                                       20,713.06
MASTER SERVICER ADVANCES THIS MONTH                                    6,720.66


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,047,777.69

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,531,287.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      74,547,706.62

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          274

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 841,115.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,171,535.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         70.22259270 %    10.04019600 %   19.73721090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            69.35519270 %    10.33266195 %   20.31214540 %

CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0920 %

      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                          9.03447453
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.18

POOL TRADING FACTOR:                                                19.80624127


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


Run:        03/28/97     14:29:02                                    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-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     6,972,630.72     8.000000  %    312,918.69
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     0.168401  %          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     6,027,305.79     8.000000  %     32,365.66

- -------------------------------------------------------------------------------
                  157,499,405.19    26,020,936.51                    345,284.35
===============================================================================
_______________________________________________________________________________
                                                                      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             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        46,388.89    359,307.58             0.00         0.00   6,659,712.03
A-8        86,628.68     86,628.68             0.00         0.00  13,021,000.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12        3,644.13      3,644.13             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          40,099.65     72,465.31             0.00         0.00   5,994,940.13

- -------------------------------------------------------------------------------
          176,761.35    522,045.70             0.00         0.00  25,675,652.16
===============================================================================
_______________________________________________________________________________



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    422.993856  18.983177     2.814177    21.797354   0.000000    404.010679
A-8   1000.000000   0.000000     6.652997     6.652997   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      805.638197   4.326147     5.359909     9.686056   0.000000    801.312050

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:03                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S27 (POOL # 4076)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4076 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,372.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,778.01

SUBSERVICER ADVANCES THIS MONTH                                        6,772.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     245,701.17

 (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                                                      25,675,652.16

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      205,556.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          76.83670690 %    23.16329310 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             76.65126440 %    23.34873560 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1659 %

      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                          8.63211309
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              119.27

POOL TRADING FACTOR:                                                16.30206294


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


Run:        03/28/97     14:29:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760920R83   112,112,000.00             0.00     7.750000  %          0.00
A-2   760920R91    10,192,000.00             0.00    10.750000  %          0.00
A-3   760920S41    46,773,810.00             0.00     7.125000  %          0.00
A-4   760920S74    14,926,190.00             0.00    12.375000  %          0.00
A-5   760920S33    15,000,000.00             0.00     6.375000  %          0.00
A-6   760920S58    54,705,000.00             0.00     7.500000  %          0.00
A-7   760920S66     7,815,000.00             0.00    11.500000  %          0.00
A-8   760920S82     8,967,000.00             0.00     8.000000  %          0.00
A-9   760920S90       833,000.00             0.00     8.000000  %          0.00
A-10  760920S25    47,400,000.00    43,880,029.58     8.000000  %  1,310,931.93
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     0.269698  %          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     6,708,217.98     8.000000  %      6,873.84
B                  16,432,384.46    14,933,333.15     8.000000  %     15,302.01

- -------------------------------------------------------------------------------
                  365,162,840.46    71,124,580.71                  1,333,107.78
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00          0.00             0.00         0.00           0.00
A-10      290,237.60  1,601,169.53             0.00         0.00  42,569,097.65
A-11       37,060.16     37,060.16             0.00         0.00   5,603,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13            0.00          0.00             0.00         0.00           0.00
A-14       15,859.64     15,859.64             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          44,370.46     51,244.30             0.00         0.00   6,701,344.14
B          98,774.22    114,076.23             0.00         0.00  14,918,031.14

- -------------------------------------------------------------------------------
          486,302.08  1,819,409.86             0.00         0.00  69,791,472.93
===============================================================================











































Run:        03/28/97     14:29:04
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S28 (POOL # 4077)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4077 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-10   925.739021  27.656792     6.123156    33.779948   0.000000    898.082229
A-11  1000.000000   0.000000     6.614342     6.614342   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      918.524283   0.941202     6.075435     7.016637   0.000000    917.583081
B      908.774572   0.931212     6.010947     6.942159   0.000000    907.843361

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:05                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S28 (POOL # 4077)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4077 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,356.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,373.42

SUBSERVICER ADVANCES THIS MONTH                                       16,425.98
MASTER SERVICER ADVANCES THIS MONTH                                    3,880.77


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,549,849.45

 (B)  TWO MONTHLY PAYMENTS:                                    2     488,663.56

 (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                                                      69,791,472.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          273

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                 496,370.38

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,260,227.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         69.57233220 %     9.43164500 %   20.99602280 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            69.02289870 %     9.60195259 %   21.37514870 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2688 %

      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                          8.69260576
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              292.47

POOL TRADING FACTOR:                                                19.11242470


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


Run:        03/28/97     14:29:06                                    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-S29 (POOL # 4078)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4078 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760920U22   110,015,514.00    17,168,998.81     7.184373  %     19,008.54
S     760920U30             0.00             0.00     0.250000  %          0.00
R     760920U48           100.00             0.00     7.184373  %          0.00
B                   6,095,852.88     4,057,163.88     7.184373  %      4,424.81

- -------------------------------------------------------------------------------
                  116,111,466.88    21,226,162.69                     23,433.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         102,789.11    121,797.65             0.00         0.00  17,149,990.27
S           4,422.06      4,422.06             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B          24,289.85     28,714.66             0.00         0.00   4,052,739.07

- -------------------------------------------------------------------------------
          131,501.02    154,934.37             0.00         0.00  21,202,729.34
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      156.059797   0.172781     0.934315     1.107096   0.000000    155.887017
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      665.561318   0.725872     3.984652     4.710524   0.000000    664.835446

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S29 (POOL # 4078)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4078 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        7,656.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,170.77

SPREAD                                                                 2,801.82

SUBSERVICER ADVANCES THIS MONTH                                       17,381.43
MASTER SERVICER ADVANCES THIS MONTH                                    3,061.54


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,767,238.86

 (B)  TWO MONTHLY PAYMENTS:                                    1     281,919.36

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     216,665.06


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        208,462.61

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      21,202,729.34

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 402,586.13

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                          283.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          80.88602290 %    19.11397710 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             80.88576710 %    19.11423290 %

      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                          8.13971744
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.79

POOL TRADING FACTOR:                                                18.26066788


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


Run:        03/28/97     14:29:09                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    21,426,960.42     7.500000  %    503,930.29
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     5,151,622.52     7.500000  %     60,692.41
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     0.203319  %          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     9,508,757.72     7.500000  %     51,151.70

- -------------------------------------------------------------------------------
                  261,801,192.58    57,023,340.66                    615,774.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4       133,674.55    637,604.84             0.00         0.00  20,923,030.13
A-5       130,611.64    130,611.64             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        32,138.99     92,831.40             0.00         0.00   5,090,930.11
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13        9,644.01      9,644.01             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          59,321.48    110,473.18             0.00         0.00   9,457,606.02

- -------------------------------------------------------------------------------
          365,390.67    981,165.07             0.00         0.00  56,407,566.26
===============================================================================















































Run:        03/28/97     14:29:09
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    875.677814  20.594642     5.463016    26.057658   0.000000    855.083172
A-5   1000.000000   0.000000     6.238615     6.238615   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    343.441501   4.046161     2.142599     6.188760   0.000000    339.395341
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      805.759147   4.334525     5.026821     9.361346   0.000000    801.424622

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:10                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S31 (POOL # 4080)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4080 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,630.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,048.92

SUBSERVICER ADVANCES THIS MONTH                                        2,667.24
MASTER SERVICER ADVANCES THIS MONTH                                    2,261.26


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     234,396.89

 (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                                                      56,407,566.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          244

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                 198,786.04

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      309,021.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          83.32479720 %    16.67520280 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             83.23344430 %    16.76655570 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2044 %

      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                          8.11776925
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.59

POOL TRADING FACTOR:                                                21.54595466


                                   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:              60,692.41          N/A              0.00
CLASS A-8 ENDING BAL:          5,090,930.11          N/A              0.00


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


Run:        03/28/97     14:29:11                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    58,206,960.50     7.750000  %    446,547.58
A-11  760920U55     2,522,000.00             0.00     7.750000  %          0.00
A-12  760920U63     2,475,000.00     2,203,378.90     7.750000  %     63,021.88
A-13  760920U89    10,958,000.00    10,958,000.00     7.750000  %          0.00
A-14  760920W46     6,968,000.00     9,761,621.10     7.750000  %          0.00
A-15  760920V54    23,788,000.00             0.00     7.750000  %          0.00
A-16  760920W53    16,332,000.00     9,014,365.16     7.750000  %     49,615.98
A-17  760920W38             0.00             0.00     0.323530  %          0.00
R-I   760920W79           100.00             0.00     7.750000  %          0.00
R-II  760920W87       856,900.00             0.00     7.750000  %          0.00
M     760920W61     8,605,908.00     7,918,563.03     7.750000  %     25,003.93
B                  20,436,665.48    18,804,409.95     7.750000  %          0.00

- -------------------------------------------------------------------------------
                  430,245,573.48   116,867,298.64                    584,189.37
===============================================================================
_______________________________________________________________________________
                                                                      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             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      375,789.23    822,336.81             0.00         0.00  57,760,412.92
A-11            0.00          0.00             0.00         0.00           0.00
A-12       14,225.21     77,247.09             0.00         0.00   2,140,357.02
A-13       70,745.81     70,745.81             0.00         0.00  10,958,000.00
A-14            0.00          0.00        63,021.88         0.00   9,824,642.98
A-15            0.00          0.00             0.00         0.00           0.00
A-16       58,197.53    107,813.51             0.00         0.00   8,964,749.18
A-17       31,497.41     31,497.41             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          51,122.94     76,126.87             0.00         0.00   7,893,559.10
B         120,272.83    120,272.83             0.00    60,507.54  18,745,032.50

- -------------------------------------------------------------------------------
          721,850.96  1,306,040.33        63,021.88    60,507.54 116,286,753.70
===============================================================================




























Run:        03/28/97     14:29:11
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   885.937208   6.796663     5.719688    12.516351   0.000000    879.140545
A-11     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-12   890.254101  25.463386     5.747560    31.210946   0.000000    864.790715
A-13  1000.000000   0.000000     6.456088     6.456088   0.000000   1000.000000
A-14  1400.921513   0.000000     0.000000     0.000000   9.044472   1409.965985
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-16   551.944964   3.037961     3.563405     6.601366   0.000000    548.907003
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      920.131034   2.905438     5.940447     8.845885   0.000000    917.225597
B      920.131025   0.000000     5.885149     5.885149   0.000000    917.225587

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:12                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S32 (POOL # 4081)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4081 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       35,116.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,202.49

SUBSERVICER ADVANCES THIS MONTH                                       28,550.49
MASTER SERVICER ADVANCES THIS MONTH                                    5,059.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,017,431.92

 (B)  TWO MONTHLY PAYMENTS:                                    3     959,213.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     740,376.46


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        900,623.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     116,286,753.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          431

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                 620,059.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      211,520.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.13391750 %     6.77568800 %   16.09039500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.09232500 %     6.78801226 %   16.11966270 %

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

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

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.55972041
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.74

POOL TRADING FACTOR:                                                27.02799537


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


Run:        03/28/97     14:29:13                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S33 (POOL # 4082)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4082 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609203M8    18,000,000.00             0.00     7.000000  %          0.00
A-2   7609203L0    20,000,000.00             0.00     6.500000  %          0.00
A-3   7609203T3    70,813,559.00             0.00     7.000000  %          0.00
A-4   7609203Q9    70,830,509.00             0.00     0.000000  %          0.00
A-5   7609203R7       355,932.00             0.00     0.000000  %          0.00
A-6   7609203S5    17,000,000.00             0.00     6.823529  %          0.00
A-7   7609203W6    11,800,000.00     8,868,562.84     8.000000  %    192,395.96
A-8   7609204H8    36,700,000.00    22,166,334.18     8.000000  %    100,657.49
A-9   7609204J4    15,000,000.00    14,029,325.45     8.000000  %     63,707.27
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     0.169197  %          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     6,795,384.03     8.000000  %      6,745.04
B                  15,322,642.27    13,212,876.80     8.000000  %     13,115.00

- -------------------------------------------------------------------------------
                  322,581,934.27    98,572,483.30                    376,620.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7        58,998.51    251,394.47             0.00         0.00   8,676,166.88
A-8       147,462.53    248,120.02             0.00         0.00  22,065,676.69
A-9        93,330.72    157,037.99             0.00         0.00  13,965,618.18
A-10      212,881.43    212,881.43             0.00         0.00  32,000,000.00
A-11        9,978.82      9,978.82             0.00         0.00   1,500,000.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       13,869.00     13,869.00             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          45,206.60     51,951.64             0.00         0.00   6,788,638.99
B          87,899.26    101,014.26             0.00         0.00  13,199,761.80

- -------------------------------------------------------------------------------
          669,626.87  1,046,247.63             0.00         0.00  98,195,862.54
===============================================================================













































Run:        03/28/97     14:29:13
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    751.573122  16.304742     4.999874    21.304616   0.000000    735.268380
A-8    603.987307   2.742711     4.018053     6.760764   0.000000    601.244597
A-9    935.288363   4.247151     6.222048    10.469199   0.000000    931.041212
A-10  1000.000000   0.000000     6.652545     6.652545   0.000000   1000.000000
A-11  1000.000000   0.000000     6.652547     6.652547   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      936.120389   0.929185     6.227583     7.156768   0.000000    935.191204
B      862.310597   0.855923     5.736560     6.592483   0.000000    861.454674

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:14                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S33 (POOL # 4082)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4082 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,662.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,437.94

SUBSERVICER ADVANCES THIS MONTH                                       45,105.69
MASTER SERVICER ADVANCES THIS MONTH                                    4,855.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,286,328.01

 (B)  TWO MONTHLY PAYMENTS:                                    3     583,083.19

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     206,625.39


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                      2,623,014.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      98,195,862.54

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          379

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                 637,732.07

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      278,778.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.70198160 %     6.89379400 %   13.40422430 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.64435540 %     6.91336561 %   13.44227900 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1690 %

      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                          8.60859177
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.30

POOL TRADING FACTOR:                                                30.44059574


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


Run:        03/28/97     14:29:15                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    31,915,473.73     7.500000  %    468,970.91
A-7   7609203P1    15,000,000.00    10,775,459.30     7.500000  %    158,336.27
A-8   7609204B1     7,005,400.00     7,039,669.69     7.500000  %     15,833.63
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    14,958,148.76     7.500000  %          0.00
A-12  7609203Y2             0.00             0.00     0.279802  %          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    11,070,263.76     7.500000  %     11,858.71
B                  16,042,796.83    14,858,347.86     7.500000  %     15,916.59

- -------------------------------------------------------------------------------
                  427,807,906.83   161,155,363.10                    670,916.11
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       199,332.63    668,303.54             0.00         0.00  31,446,502.82
A-7        67,299.66    225,635.93             0.00         0.00  10,617,123.03
A-8        33,586.23     49,419.86        10,381.03         0.00   7,034,217.09
A-9       190,729.42    190,729.42             0.00         0.00  30,538,000.00
A-10      249,825.68    249,825.68             0.00         0.00  40,000,000.00
A-11            0.00          0.00        93,423.24         0.00  15,051,572.00
A-12       37,550.14     37,550.14             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
M          69,140.91     80,999.62             0.00         0.00  11,058,405.05
B          92,799.92    108,716.51             0.00         0.00  14,842,431.27

- -------------------------------------------------------------------------------
          940,264.59  1,611,180.70       103,804.27         0.00 160,588,251.26
===============================================================================















































Run:        03/28/97     14:29:15
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    718.363954  10.555751     4.486644    15.042395   0.000000    707.808203
A-7    718.363953  10.555751     4.486644    15.042395   0.000000    707.808202
A-8   1004.891896   2.260204     4.794334     7.054538   1.481861   1004.113554
A-9   1000.000000   0.000000     6.245642     6.245642   0.000000   1000.000000
A-10  1000.000000   0.000000     6.245642     6.245642   0.000000   1000.000000
A-11  1378.898106   0.000000     0.000000     0.000000   8.612104   1387.510209
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      940.937299   1.007953     5.876758     6.884711   0.000000    939.929346
B      926.169422   0.992133     5.784523     6.776656   0.000000    925.177288

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:16                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S34 (POOL # 4083)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4083 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       45,217.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,024.24

SUBSERVICER ADVANCES THIS MONTH                                       27,132.46
MASTER SERVICER ADVANCES THIS MONTH                                    5,291.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,398,651.13

 (B)  TWO MONTHLY PAYMENTS:                                    1     241,758.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,901,331.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     160,588,251.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          611

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                 717,518.60

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      394,478.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.91079820 %     6.86931100 %    9.21989040 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            83.87127570 %     6.88618561 %    9.24253870 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2793 %

      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                          8.24387772
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.91

POOL TRADING FACTOR:                                                37.53746686


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00       15,833.63
CLASS A-8 ENDING BALANCE:                     1,672,504.79    5,361,712.30


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


Run:        03/28/97     14:29:17                                    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-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       514,742.89     6.500000  %    514,742.89
A-5   7609202S6    20,800,000.00    20,800,000.00     6.500000  %     20,087.99
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     6.075000  %          0.00
A-8   7609202Z0     6,810,000.00     1,200,000.00     9.158333  %          0.00
A-9   7609203C0    37,200,000.00    15,000,000.00     7.000000  %          0.00
A-10  7609203A4        20,000.00         5,237.00  2775.250000  %         96.60
A-11  7609203B2             0.00             0.00     0.448218  %          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     4,737,247.47     7.000000  %     26,317.87

- -------------------------------------------------------------------------------
                  146,754,518.99    48,737,227.36                    561,245.35
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4         2,779.68    517,522.57             0.00         0.00           0.00
A-5       112,322.85    132,410.84             0.00         0.00  20,779,912.01
A-6        18,210.92     18,210.92             0.00         0.00   3,680,000.00
A-7        14,131.74     14,131.74             0.00         0.00   2,800,000.00
A-8         9,130.38      9,130.38             0.00         0.00   1,200,000.00
A-9        87,232.98     87,232.98             0.00         0.00  15,000,000.00
A-10       12,074.69     12,171.29             0.00         0.00       5,140.40
A-11       18,148.53     18,148.53             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
B          27,549.61     53,867.48             0.00         0.00   4,710,929.64

- -------------------------------------------------------------------------------
          301,581.38    862,826.73             0.00         0.00  48,175,982.05
===============================================================================
_______________________________________________________________________________



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     51.474289  51.474289     0.277968    51.752257   0.000000      0.000000
A-5   1000.000000   0.965769     5.400137     6.365906   0.000000    999.034231
A-6   1000.000000   0.000000     4.948620     4.948620   0.000000   1000.000000
A-7    176.211454   0.000000     0.889348     0.889348   0.000000    176.211454
A-8    176.211454   0.000000     1.340731     1.340731   0.000000    176.211454
A-9    403.225806   0.000000     2.344973     2.344973   0.000000    403.225807
A-10   261.850000   4.830000   603.734500   608.564500   0.000000    257.020000
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      802.335964   4.457393     4.666010     9.123403   0.000000    797.878578

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:18                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S35 (POOL # 4084)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4084 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,055.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,342.14

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                                                      48,175,982.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          212

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      290,485.08

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          90.28002260 %     9.71997740 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             90.22141440 %     9.77858560 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4468 %

      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                          7.86964086
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.88

POOL TRADING FACTOR:                                                32.82759698

                                   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:        03/28/97     14:29:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    20,681,300.50     5.700000  %  1,485,096.42
A-3   7609204R6    19,990,000.00    12,722,647.79     6.400000  %    316,579.08
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     0.347630  %          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     8,263,741.41     7.000000  %     45,064.21

- -------------------------------------------------------------------------------
                  260,444,078.54   103,927,689.70                  1,846,739.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        97,660.50  1,582,756.92             0.00         0.00  19,196,204.08
A-3        67,456.49    384,035.57             0.00         0.00  12,406,068.71
A-4       215,427.62    215,427.62             0.00         0.00  38,524,000.00
A-5       103,369.84    103,369.84             0.00         0.00  17,825,000.00
A-6        34,278.77     34,278.77             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       36,576.29     36,576.29             0.00         0.00           0.00
A-12       29,930.53     29,930.53             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
B          47,922.66     92,986.87             0.00         0.00   8,218,677.20

- -------------------------------------------------------------------------------
          632,622.70  2,479,362.41             0.00         0.00 102,080,949.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    377.582029  27.113659     1.783004    28.896663   0.000000    350.468371
A-3    636.450615  15.836872     3.374512    19.211384   0.000000    620.613742
A-4   1000.000000   0.000000     5.592037     5.592037   0.000000   1000.000000
A-5   1000.000000   0.000000     5.799150     5.799150   0.000000   1000.000000
A-6   1000.000000   0.000000     5.799149     5.799149   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      793.211664   4.325577     4.599953     8.925530   0.000000    788.886086

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:20                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S36 (POOL # 4085)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4085 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,015.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,166.42

SUBSERVICER ADVANCES THIS MONTH                                       11,237.14
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     270,139.45

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        738,286.77

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     102,080,949.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          449

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,279,996.55

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.04856620 %     7.95143380 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.94886290 %     8.05113710 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3468 %

      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                          7.76155760
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.61

POOL TRADING FACTOR:                                                39.19495907


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


Run:        03/28/97     14:29:20                                    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-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     7,411,872.75     7.650000  %  1,180,222.91
A-9   7609206U7    51,291,000.00    51,291,000.00     7.650000  %          0.00
A-10  7609206P8    21,624,652.00    21,624,652.00     7.650000  %          0.00
A-11  7609206Q6    10,902,000.00     8,836,245.18     7.650000  %    129,827.71
A-12  7609206G8             0.00             0.00     0.350000  %          0.00
A-13  7609206H6             0.00             0.00     0.104117  %          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     8,709,876.70     8.000000  %     38,022.42
B                  16,935,768.50    15,677,780.28     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  376,350,379.50   113,551,426.91                  1,348,073.04
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        46,960.49  1,227,183.40             0.00         0.00   6,231,649.84
A-9       324,971.91    324,971.91             0.00         0.00  51,291,000.00
A-10      137,010.48    137,010.48             0.00         0.00  21,624,652.00
A-11       55,985.09    185,812.80             0.00         0.00   8,706,417.47
A-12       25,846.38     25,846.38             0.00         0.00           0.00
A-13        9,791.70      9,791.70             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          57,709.22     95,731.64             0.00         0.00   8,671,854.28
B          79,578.54     79,578.54             0.00    92,738.44  15,609,339.89

- -------------------------------------------------------------------------------
          737,853.81  2,085,926.85             0.00    92,738.44 112,134,913.48
===============================================================================













































Run:        03/28/97     14:29:20
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    282.993118  45.062155     1.793001    46.855156   0.000000    237.930963
A-9   1000.000000   0.000000     6.335847     6.335847   0.000000   1000.000000
A-10  1000.000000   0.000000     6.335847     6.335847   0.000000   1000.000000
A-11   810.515977  11.908614     5.135305    17.043919   0.000000    798.607363
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      925.720034   4.041173     6.133563    10.174736   0.000000    921.678861
B      925.720039   0.000000     4.698845     4.698845   0.000000    921.678865

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:22                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S37 (POOL # 4086)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4086 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,030.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,872.75

SUBSERVICER ADVANCES THIS MONTH                                       38,608.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,462,433.63

 (B)  TWO MONTHLY PAYMENTS:                                    2     519,460.68

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,211,567.32


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        818,745.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     112,134,913.48

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          409

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      920,811.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.52280890 %     7.67042500 %   13.80676640 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.34644590 %     7.73341149 %   13.92014260 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1049 %

      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                          8.52907153
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.06

POOL TRADING FACTOR:                                                29.79535018


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


Run:        03/28/97     14:29:23                                    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-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    18,013,824.45     7.500000  %    899,638.17
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     9,894,157.96     7.500000  %          0.00
A-9   7609206B9     9,248,000.00    12,676,938.76     7.500000  %          0.00
A-10  7609205S3             0.00             0.00     0.199873  %          0.00
R     7609206D5           100.00             0.00     7.500000  %          0.00
M     7609206C7     9,625,924.00     9,137,614.45     7.500000  %      9,677.06
B                  18,182,304.74    17,259,942.00     7.500000  %     18,278.90

- -------------------------------------------------------------------------------
                  427,814,328.74   189,521,477.62                    927,594.13
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       112,257.34  1,011,895.51             0.00         0.00  17,114,186.28
A-6       287,793.89    287,793.89             0.00         0.00  46,182,000.00
A-7       475,836.43    475,836.43             0.00         0.00  76,357,000.00
A-8        52,876.25     52,876.25         8,781.50         0.00   9,902,939.46
A-9             0.00          0.00        78,999.30         0.00  12,755,938.06
A-10       31,474.56     31,474.56             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          56,943.17     66,620.23             0.00         0.00   9,127,937.39
B         107,559.35    125,838.25             0.00         0.00  17,241,663.10

- -------------------------------------------------------------------------------
        1,124,740.99  2,052,335.12        87,780.80         0.00 188,681,664.29
===============================================================================
_______________________________________________________________________________



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-5    257.274193  12.848670     1.603264    14.451934   0.000000    244.425523
A-6   1000.000000   0.000000     6.231733     6.231733   0.000000   1000.000000
A-7   1000.000000   0.000000     6.231733     6.231733   0.000000   1000.000000
A-8   1040.067062   0.000000     5.558315     5.558315   0.923105   1040.990167
A-9   1370.776250   0.000000     0.000000     0.000000   8.542312   1379.318562
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      949.271410   1.005312     5.915606     6.920918   0.000000    948.266098
B      949.271407   1.005313     5.915606     6.920919   0.000000    948.266094

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:23                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S38 (POOL # 4087)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4087 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,793.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,927.64

SUBSERVICER ADVANCES THIS MONTH                                       26,572.45
MASTER SERVICER ADVANCES THIS MONTH                                    7,096.88


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   1,835,290.03

 (B)  TWO MONTHLY PAYMENTS:                                    1     577,479.61

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     241,665.17


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        717,452.41

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     188,681,664.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          714

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                 952,455.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      639,103.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.07146970 %     4.82141400 %    9.10711660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.02429090 %     4.83774479 %    9.13796430 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2004 %

      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                          8.16253287
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.31

POOL TRADING FACTOR:                                                44.10363366


                                                           COMPONENTS
                                                  ACCRUAL        NON-ACCRUAL
CLASS A-8 PRINCIPAL DISTRIBUTION:                     0.00            0.00
CLASS A-8 ENDING BALANCE:                     1,417,939.46    8,485,000.00


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


Run:        03/28/97     14:29:24                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    20,727,547.94     7.500000  %    623,546.55
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     0.153795  %          0.00
R-I   7609205Q7           100.00             0.00     7.500000  %          0.00
R-II  7609205R5           100.00             0.00     7.500000  %          0.00
B                   8,730,829.51     6,975,059.60     7.500000  %     37,116.49

- -------------------------------------------------------------------------------
                  183,802,829.51    47,267,607.54                    660,663.04
===============================================================================
_______________________________________________________________________________
                                                                      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             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       128,488.80    752,035.35             0.00         0.00  20,104,001.39
A-8       121,282.24    121,282.24             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        6,008.43      6,008.43             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          43,237.97     80,354.46             0.00         0.00   6,937,943.11

- -------------------------------------------------------------------------------
          299,017.44    959,680.48             0.00         0.00  46,606,944.50
===============================================================================
_______________________________________________________________________________



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      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    693.716254  20.869057     4.300305    25.169362   0.000000    672.847197
A-8   1000.000000   0.000000     6.198939     6.198939   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      798.899989   4.251199     4.952332     9.203531   0.000000    794.648790

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:25                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S39 (POOL # 4088)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4088 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,121.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,320.20

SUBSERVICER ADVANCES THIS MONTH                                       10,304.32
MASTER SERVICER ADVANCES THIS MONTH                                    2,584.10


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     475,698.45

 (B)  TWO MONTHLY PAYMENTS:                                    1     167,079.63

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        270,654.98

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      46,606,944.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          200

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                 227,853.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      409,137.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.24346810 %    14.75653190 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.11392840 %    14.88607160 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1536 %

      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                          8.14111969
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.47

POOL TRADING FACTOR:                                                25.35703320


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


Run:        03/28/97     14:29:26                                    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-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    38,360,552.93     7.949069  %    843,503.49
R     7609206F0           100.00             0.00     7.949069  %          0.00
B                  11,237,146.51     8,438,166.37     7.949069  %      7,754.87

- -------------------------------------------------------------------------------
                  187,272,146.51    46,798,719.30                    851,258.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         252,058.22  1,095,561.71             0.00         0.00  37,517,049.44
R               0.00          0.00             0.00         0.00           0.00
B          55,445.21     63,200.08             0.00         0.00   8,430,411.50

- -------------------------------------------------------------------------------
          307,503.43  1,158,761.79             0.00         0.00  45,947,460.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      217.914476   4.791683     1.431865     6.223548   0.000000    213.122792
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      750.917180   0.690110     4.934100     5.624210   0.000000    750.227070

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:26                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S40 (POOL # 4089)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4089 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,506.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,771.25

SUBSERVICER ADVANCES THIS MONTH                                       24,410.74
MASTER SERVICER ADVANCES THIS MONTH                                    5,357.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,724,112.99

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     232,742.83


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,276,068.16

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      45,947,460.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          159

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                 698,063.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      808,249.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          81.96923660 %    18.03076340 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.65206230 %    18.34793770 %

      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                          8.46256716
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.13

POOL TRADING FACTOR:                                                24.53512805



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        03/28/97     14:29:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609207T9    10,965,657.00             0.00     5.000000  %          0.00
A-2   7609207Z5       245,000.00             0.00     7.000000  %          0.00
A-3   7609207U6     5,418,291.00             0.00     6.000000  %          0.00
A-4   7609207V4    16,878,481.00             0.00     6.000000  %          0.00
A-5   7609207R3    14,917,608.00             0.00     0.000000  %          0.00
A-6   7609207S1        74,963.00             0.00     0.000000  %          0.00
A-7   7609208A9     6,200,000.00             0.00     7.000000  %          0.00
A-8   7609208B7    14,000,000.00    13,230,181.45     7.000000  %  1,117,893.47
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     0.396501  %          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     5,102,189.65     7.000000  %     27,628.16

- -------------------------------------------------------------------------------
                  156,959,931.35    58,232,371.10                  1,145,521.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             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        76,634.64  1,194,528.11             0.00         0.00  12,112,287.98
A-9        81,672.98     81,672.98             0.00         0.00  14,100,000.00
A-10       56,186.38     56,186.38             0.00         0.00   9,700,000.00
A-11       93,257.81     93,257.81             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       19,106.00     19,106.00             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
B          29,553.97     57,182.13             0.00         0.00   5,074,561.49

- -------------------------------------------------------------------------------
          356,411.78  1,501,933.41             0.00         0.00  57,086,849.47
===============================================================================


































Run:        03/28/97     14:29:27
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-S41 (POOL # 4090)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4090 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    945.012961  79.849534     5.473903    85.323437   0.000000    865.163427
A-9   1000.000000   0.000000     5.792410     5.792410   0.000000   1000.000000
A-10  1000.000000   0.000000     5.792410     5.792410   0.000000   1000.000000
A-11  1000.000000   0.000000     5.792411     5.792411   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      812.588857   4.400137     4.706847     9.106984   0.000000    808.188720

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S41 (POOL # 4090)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4090 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,667.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,291.39

SUBSERVICER ADVANCES THIS MONTH                                       16,164.57
MASTER SERVICER ADVANCES THIS MONTH                                    2,595.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     599,508.89

 (B)  TWO MONTHLY PAYMENTS:                                    2     429,259.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        410,917.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,086,849.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          260

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                 231,935.71

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      830,195.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          91.23822450 %     8.76177550 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             91.11080480 %     8.88919520 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                0.399620 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              600,266.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,273,775.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.84887230
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              121.81

POOL TRADING FACTOR:                                                36.37033285


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:        03/28/97     14:29:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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    31,737,157.32     7.959894  %  1,066,910.19
M     760944AB4     5,352,000.00     4,385,343.73     7.959894  %    140,847.33
R     760944AC2           100.00             0.00     7.959894  %          0.00
B                   8,362,385.57     6,336,955.69     7.959894  %    219,604.94

- -------------------------------------------------------------------------------
                  133,787,485.57    42,459,456.74                  1,427,362.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         206,931.52  1,273,841.71             0.00         0.00  30,670,247.13
M          28,593.17    169,440.50             0.00         0.00   4,244,496.40
R               0.00          0.00             0.00         0.00           0.00
B          41,317.99    260,922.93             0.00         0.00   6,117,350.75

- -------------------------------------------------------------------------------
          276,842.68  1,704,205.14             0.00         0.00  41,032,094.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      264.315519   8.885513     1.723381    10.608894   0.000000    255.430006
M      819.384105  26.316766     5.342521    31.659287   0.000000    793.067339
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      757.792814  26.261039     4.940935    31.201974   0.000000    731.531774

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:29                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S42 (POOL # 4091)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4091 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,633.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,387.09

SUBSERVICER ADVANCES THIS MONTH                                        8,778.72
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     590,384.89

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     261,215.73


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        314,175.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      41,032,094.28

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,388,706.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.74696980 %    10.32830900 %   14.92472160 %
PREPAYMENT PERCENT           74.74696980 %     0.00000000 %   25.25303020 %
NEXT DISTRIBUTION            74.74696980 %    10.34433283 %   14.90869730 %

      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                          8.47420205
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.75

POOL TRADING FACTOR:                                                30.66960568



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        03/28/97     14:29:30                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1992-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       709,481.79     7.000000  %    214,566.05
A-4   760944AZ1    11,666,667.00             0.00     8.000000  %          0.00
A-5   760944BA5     5,000,000.00     3,592,356.08     8.000000  %    128,739.63
A-6   760944BH0    45,000,000.00     1,418,963.62     8.500000  %    429,132.09
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     0.154801  %          0.00
R     760944BF4           100.00             0.00     8.000000  %          0.00
M     760944BE7     9,408,500.00     8,791,441.73     8.000000  %      8,439.87
B                  16,938,486.28    15,739,458.63     8.000000  %     15,110.05

- -------------------------------------------------------------------------------
                  376,347,086.28   128,085,034.85                    795,987.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3         4,134.68    218,700.73             0.00         0.00     494,915.74
A-4             0.00          0.00             0.00         0.00           0.00
A-5        23,926.14    152,665.77             0.00         0.00   3,463,616.45
A-6        10,041.38    439,173.47             0.00         0.00     989,831.53
A-7        99,904.40     99,904.40             0.00         0.00  15,000,000.00
A-8        30,720.60     30,720.60             0.00         0.00   4,612,500.00
A-9       259,057.65    259,057.65             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       99,904.40     99,904.40             0.00         0.00  15,000,000.00
A-12        8,158.86      8,158.86             0.00         0.00   1,225,000.00
A-13       16,507.30     16,507.30             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          58,553.58     66,993.45             0.00         0.00   8,783,001.86
B         104,829.43    119,939.48             0.00         0.00  15,724,348.58

- -------------------------------------------------------------------------------
          869,738.42  1,665,726.11             0.00         0.00 127,289,047.16
===============================================================================










































Run:        03/28/97     14:29:30
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     31.532524   9.536269     0.183764     9.720033   0.000000     21.996255
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    718.471216  25.747926     4.785228    30.533154   0.000000    692.723290
A-6     31.532525   9.536269     0.223142     9.759411   0.000000     21.996256
A-7   1000.000000   0.000000     6.660293     6.660293   0.000000   1000.000000
A-8   1000.000000   0.000000     6.660293     6.660293   0.000000   1000.000000
A-9   1000.000000   0.000000     6.660293     6.660293   0.000000   1000.000000
A-10  1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-11  1000.000000   0.000000     6.660293     6.660293   0.000000   1000.000000
A-12  1000.000000   0.000000     6.660294     6.660294   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      934.414809   0.897047     6.223477     7.120524   0.000000    933.517762
B      929.212822   0.892056     6.188830     7.080886   0.000000    928.320767

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S43 (POOL # 4092)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4092 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,238.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,440.98

SUBSERVICER ADVANCES THIS MONTH                                       35,227.79
MASTER SERVICER ADVANCES THIS MONTH                                    2,478.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,889,473.49

 (B)  TWO MONTHLY PAYMENTS:                                    1     314,870.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,089,083.79


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,344,498.91

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     127,289,047.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          454

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 325,223.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      673,024.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.84795750 %     6.86375400 %   12.28828850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.74669350 %     6.90004526 %   12.35326130 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1548 %

      BANKRUPTCY AMOUNT AVAILABLE                         228,480.00
      FRAUD AMOUNT AVAILABLE                            1,312,828.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,929,321.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.57385252
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.97

POOL TRADING FACTOR:                                                33.82224861


AMOUNT PAID FROM SPECIAL RESERVE ACCT FOR A-10 SHORTFALL                  147.23
AMOUNT PAID TO CLASS R FROM EARNINGS ON RESERVE ACCOUNT                     0.00
AMOUNT ON DEPOSIT IN SPECIAL RESERVE ACCOUNT                           65,078.69


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


Run:        03/28/97     14:29:32                                    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-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     5,166,494.10     7.500000  %  1,290,660.14
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     1,545,377.13     7.500000  %    143,406.68
A-11  760944AJ7     4,175,000.00     4,175,000.00     7.500000  %          0.00
A-12  760944AE8             0.00             0.00     0.145834  %          0.00
R     760944AU2           100.00             0.00     7.500000  %          0.00
M     760944AT5     3,008,033.00     2,886,930.09     7.500000  %      3,034.56
B                   5,682,302.33     5,401,879.61     7.500000  %      5,678.13

- -------------------------------------------------------------------------------
                  133,690,335.33    65,492,580.93                  1,442,779.51
===============================================================================
_______________________________________________________________________________
                                                                      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        32,111.90  1,322,772.04             0.00         0.00   3,875,833.96
A-6        26,030.15     26,030.15             0.00         0.00   4,188,000.00
A-7        68,531.15     68,531.15             0.00         0.00  11,026,000.00
A-8       118,546.58    118,546.58             0.00         0.00  19,073,000.00
A-9        74,770.80     74,770.80             0.00         0.00  12,029,900.00
A-10        9,605.16    153,011.84             0.00         0.00   1,401,970.45
A-11       25,949.35     25,949.35             0.00         0.00   4,175,000.00
A-12        7,915.16      7,915.16             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          17,943.46     20,978.02             0.00         0.00   2,883,895.53
B          33,574.91     39,253.04             0.00         0.00   5,396,201.48

- -------------------------------------------------------------------------------
          414,978.62  1,857,758.13             0.00         0.00  64,049,801.42
===============================================================================
_______________________________________________________________________________



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    346.535254  86.569196     2.153860    88.723056   0.000000    259.966058
A-6   1000.000000   0.000000     6.215413     6.215413   0.000000   1000.000000
A-7   1000.000000   0.000000     6.215414     6.215414   0.000000   1000.000000
A-8   1000.000000   0.000000     6.215413     6.215413   0.000000   1000.000000
A-9   1000.000000   0.000000     6.215413     6.215413   0.000000   1000.000000
A-10   185.630886  17.226028     1.153773    18.379801   0.000000    168.404859
A-11  1000.000000   0.000000     6.215413     6.215413   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      959.740166   1.008819     5.965181     6.974000   0.000000    958.731347
B      950.649806   0.999264     5.908682     6.907946   0.000000    949.650541

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:33                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1992-S44 (POOL # 4093)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4093 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,890.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,930.72

SUBSERVICER ADVANCES THIS MONTH                                        2,686.99
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        374,740.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      64,049,801.42

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          241

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,373,937.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.34389520 %     4.40802600 %    8.24807870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.07240800 %     4.50258309 %    8.42500890 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1443 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,657.00
      FRAUD AMOUNT AVAILABLE                              331,785.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,922,460.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.09946867
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.07

POOL TRADING FACTOR:                                                47.90907380


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


Run:        03/28/97     14:29:33                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    40,156,207.31     7.865225  %    809,163.50
R     760944CB2           100.00             0.00     7.865225  %          0.00
B                   3,851,896.47     3,194,943.77     7.865225  %     16,453.34

- -------------------------------------------------------------------------------
                  154,075,839.47    43,351,151.08                    825,616.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         260,401.18  1,069,564.68             0.00         0.00  39,347,043.81
R               0.00          0.00             0.00         0.00           0.00
B          20,718.28     37,171.62             0.00         0.00   3,178,490.43

- -------------------------------------------------------------------------------
          281,119.46  1,106,736.30             0.00         0.00  42,525,534.24
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      267.309147   5.386385     1.733421     7.119806   0.000000    261.922762
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      829.446948   4.271491     5.378719     9.650210   0.000000    825.175457

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S1 (POOL # 4094)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4094 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,196.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,566.44

SUBSERVICER ADVANCES THIS MONTH                                        9,140.36
MASTER SERVICER ADVANCES THIS MONTH                                    2,015.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     465,521.44

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        356,258.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      42,525,534.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          220

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                 177,638.85

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      602,366.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.63008320 %     7.36991680 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.52568960 %     7.47431040 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              221,072.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,081,232.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.24839398
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.63

POOL TRADING FACTOR:                                                27.60039107


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


Run:        03/28/97     14:29:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S2 (POOL # 4095)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4095 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CC0    51,176,000.00             0.00     8.000000  %          0.00
A-2   760944CD8   101,367,845.00             0.00     8.000000  %          0.00
A-3   760944CE6    44,286,923.00             0.00     8.000000  %          0.00
A-4   760944CF3    31,377,195.00    29,761,858.42     8.000000  %    751,154.51
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     0.234504  %          0.00
R     760944CM8           100.00             0.00     8.000000  %          0.00
M-1   760944CJ5     6,417,561.00     6,024,379.43     8.000000  %      6,209.41
M-2   760944CK2     4,813,170.00     4,605,782.58     8.000000  %      4,747.24
M-3   760944CL0     3,208,780.00     3,104,154.21     8.000000  %      3,199.49
B-1                 4,813,170.00     4,760,192.39     8.000000  %          0.00
B-2                 1,604,363.09       851,058.37     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  320,878,029.09    90,281,305.40                    765,310.65
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-4       197,477.48    948,631.99             0.00         0.00  29,010,703.91
A-5       273,199.13    273,199.13             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        17,559.65     17,559.65             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        39,973.29     46,182.70             0.00         0.00   6,018,170.02
M-2        43,158.34     47,905.58             0.00         0.00   4,601,035.34
M-3        41,127.06     44,326.55             0.00         0.00   3,100,954.72
B-1         9,887.65      9,887.65             0.00         0.00   4,760,192.39
B-2             0.00          0.00             0.00         0.00     845,274.77

- -------------------------------------------------------------------------------
          622,382.60  1,387,693.25             0.00         0.00  89,510,211.15
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4    948.518770  23.939505     6.293663    30.233168   0.000000    924.579266
A-5   1000.000000   0.000000     6.635253     6.635253   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    938.733489   0.967565     6.228735     7.196300   0.000000    937.765924
M-2    956.912509   0.986302     8.966718     9.953020   0.000000    955.926207
M-3    967.393904   0.997105    12.817039    13.814144   0.000000    966.396799
B-1    988.993198   0.000000     2.054291     2.054291   0.000000    988.993198
B-2    530.464940   0.000000     0.000000     0.000000   0.000000    526.860020

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S2 (POOL # 4095)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4095 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,243.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,442.85

SUBSERVICER ADVANCES THIS MONTH                                       20,416.20
MASTER SERVICER ADVANCES THIS MONTH                                    7,520.10


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     807,466.95

 (B)  TWO MONTHLY PAYMENTS:                                    2     392,297.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,416,308.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      89,510,211.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          371

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                 928,571.47

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      678,040.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.57190160 %    15.21280200 %    6.21529640 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.40958370 %    15.32803901 %    6.26237730 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2354 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,703.00
      FRAUD AMOUNT AVAILABLE                              453,771.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,967,958.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68739798
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.86

POOL TRADING FACTOR:                                                27.89540044


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


Run:        03/28/97     14:29:36                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     5,301,670.51     7.500000  %    167,647.93
A-4   760944BV9    37,600,000.00    18,810,704.06     7.500000  %    136,311.87
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     0.179712  %          0.00
R     760944BZ0           100.00             0.00     7.500000  %          0.00
M     760944BY3     2,674,000.00     2,569,140.03     7.500000  %      2,678.11
B-1                 3,744,527.00     3,597,686.66     7.500000  %      3,750.29
B-2                   534,817.23       513,844.56     7.500000  %        535.64

- -------------------------------------------------------------------------------
                  106,963,444.23    49,793,045.82                    310,923.84
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        33,024.49    200,672.42             0.00         0.00   5,134,022.58
A-4       117,173.23    253,485.10             0.00         0.00  18,674,392.19
A-5        62,290.72     62,290.72             0.00         0.00  10,000,000.00
A-6        56,061.65     56,061.65             0.00         0.00   9,000,000.00
A-7         7,432.05      7,432.05             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          16,003.36     18,681.47             0.00         0.00   2,566,461.92
B-1        22,410.25     26,160.54             0.00         0.00   3,593,936.37
B-2         3,200.77      3,736.41             0.00         0.00     513,308.92

- -------------------------------------------------------------------------------
          317,596.52    628,520.36             0.00         0.00  49,482,121.98
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    495.483225  15.668031     3.086401    18.754432   0.000000    479.815194
A-4    500.284682   3.625316     3.116309     6.741625   0.000000    496.659367
A-5   1000.000000   0.000000     6.229072     6.229072   0.000000   1000.000000
A-6   1000.000000   0.000000     6.229072     6.229072   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      960.785352   1.001537     5.984802     6.986339   0.000000    959.783815
B-1    960.785344   1.001539     5.984801     6.986340   0.000000    959.783805
B-2    960.785351   1.001520     5.984811     6.986331   0.000000    959.783812

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:37                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S3 (POOL # 4096)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4096 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,271.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,330.90

SUBSERVICER ADVANCES THIS MONTH                                        3,082.61
MASTER SERVICER ADVANCES THIS MONTH                                    3,910.28


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     415,125.22

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      49,482,121.98

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

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                 526,003.81

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      259,018.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.58312390 %     5.15963600 %    8.25723990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.51289200 %     5.18664483 %    8.30046310 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1805 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              493,785.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,754,266.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15326498
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.31

POOL TRADING FACTOR:                                                46.26077847


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


Run:        03/28/97     14:29:38                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    34,716,064.75     7.883877  %    453,932.53
R     760944BR8           100.00             0.00     7.883877  %          0.00
B                   7,272,473.94     5,536,875.94     7.883877  %          0.00

- -------------------------------------------------------------------------------
                  121,207,887.94    40,252,940.69                    453,932.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         227,663.20    681,595.73             0.00         0.00  34,262,132.22
R               0.00          0.00             0.00         0.00           0.00
B               0.00          0.00             0.00    87,172.30   5,486,013.71

- -------------------------------------------------------------------------------
          227,663.20    681,595.73             0.00    87,172.30  39,748,145.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      304.699777   3.984125     1.998179     5.982304   0.000000    300.715652
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      761.346962   0.000000     0.000000     0.000000   0.000000    754.353162

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:38                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S4 (POOL # 4097)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4097 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,932.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,193.62

SUBSERVICER ADVANCES THIS MONTH                                       15,008.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,167,198.67

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     303,044.43


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        526,757.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,748,145.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          147

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      208,027.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          86.24479150 %    13.75520860 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             86.19806390 %    13.80193610 %

      BANKRUPTCY AMOUNT AVAILABLE                         167,284.00
      FRAUD AMOUNT AVAILABLE                              411,026.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,807,122.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.39776811
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.25

POOL TRADING FACTOR:                                                32.79336568



TOTAL BALANCE OF CONVERTED LOANS REMAINING IN POOL:                         0.00

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


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


Run:        03/28/97     14:29:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S5 (POOL # 4098)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4098 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A     760944BJ6   141,622,300.00    45,502,432.68     6.898243  %  1,513,273.27
R     760944BK3           100.00             0.00     6.898243  %          0.00
B                  11,897,842.91     9,953,916.26     6.898243  %     11,427.23

- -------------------------------------------------------------------------------
                  153,520,242.91    55,456,348.94                  1,524,700.50
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         257,499.27  1,770,772.54             0.00         0.00  43,989,159.41
R               0.00          0.00             0.00         0.00           0.00
B          56,329.44     67,756.67             0.00         0.00   9,942,489.03

- -------------------------------------------------------------------------------
          313,828.71  1,838,529.21             0.00         0.00  53,931,648.44
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      321.294264  10.685275     1.818211    12.503486   0.000000    310.608989
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      836.615203   0.960446     4.734425     5.694871   0.000000    835.654757

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:39                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S5 (POOL # 4098)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4098 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       15,981.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,827.31

SPREAD                                                                10,996.81

SUBSERVICER ADVANCES THIS MONTH                                       33,971.33
MASTER SERVICER ADVANCES THIS MONTH                                    4,737.86


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   3,088,641.18

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     272,917.03


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,347,748.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,931,648.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          185

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                 687,176.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,461,035.86

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          82.05089870 %    17.94910130 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             81.56464840 %    18.43535160 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              551,161.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,837,058.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62753875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.15

POOL TRADING FACTOR:                                                35.12999160


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


Run:        03/28/97     14:29:40                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S6 (POOL # 4099)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4099 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944ES3    52,656,000.00     1,672,205.40     8.000000  %    123,212.54
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    26,669,941.14     8.000000  %    274,247.27
A-6   760944EU8    23,596,900.00    23,596,900.00     8.000000  %          0.00
A-7   760944EW4     5,326,000.00     7,302,312.86     8.000000  %          0.00
A-8   760944ER5    18,394,000.00       120,149.33     8.000000  %     44,162.39
A-9   760944EX2     7,607,000.00     7,607,000.00     8.000000  %          0.00
A-10  760944EV6    40,000,000.00    11,887,464.79     8.000000  %     67,939.52
A-11  760944EF1     2,607,000.00       630,687.14     8.000000  %     48,641.21
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     0.226021  %          0.00
R     760944FB9           100.00             0.00     8.000000  %          0.00
M-1   760944EY0     9,677,910.00     9,202,878.86     8.000000  %      9,041.55
M-2   760944EZ7     4,032,382.00     3,868,511.86     8.000000  %      3,800.70
M-3   760944FA1     2,419,429.00     2,342,447.59     8.000000  %      2,301.38
B-1                 5,000,153.00     4,932,222.55     8.000000  %          0.00
B-2                 1,451,657.66       842,869.04     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  322,590,531.66   110,347,590.56                    573,346.56
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        11,138.68    134,351.22             0.00         0.00   1,548,992.86
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       177,650.30    451,897.57             0.00         0.00  26,395,693.87
A-6       157,180.56    157,180.56             0.00         0.00  23,596,900.00
A-7             0.00          0.00        48,641.21         0.00   7,350,954.07
A-8           800.33     44,962.72             0.00         0.00      75,986.94
A-9        50,670.74     50,670.74             0.00         0.00   7,607,000.00
A-10       79,183.22    147,122.74             0.00         0.00  11,819,525.27
A-11        4,201.05     52,842.26             0.00         0.00     582,045.93
A-12       25,878.25     25,878.25             0.00         0.00   3,885,000.00
A-13       38,547.60     38,547.60             0.00         0.00   5,787,000.00
A-14       20,766.57     20,766.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        61,301.01     70,342.56             0.00         0.00   9,193,837.31
M-2        25,768.42     29,569.12             0.00         0.00   3,864,711.16
M-3        15,603.21     17,904.59             0.00         0.00   2,340,146.21
B-1        44,142.10     44,142.10             0.00         0.00   4,932,222.55
B-2             0.00          0.00             0.00         0.00     837,195.19

- -------------------------------------------------------------------------------
          712,832.04  1,286,178.60        48,641.21         0.00 109,817,211.36
===============================================================================







































Run:        03/28/97     14:29:40
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     31.757167   2.339953     0.211537     2.551490   0.000000     29.417215
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    689.805270   7.093274     4.594840    11.688114   0.000000    682.711995
A-6   1000.000000   0.000000     6.661068     6.661068   0.000000   1000.000000
A-7   1371.068881   0.000000     0.000000     0.000000   9.132784   1380.201665
A-8      6.531985   2.400913     0.043510     2.444423   0.000000      4.131072
A-9   1000.000000   0.000000     6.661067     6.661067   0.000000   1000.000000
A-10   297.186620   1.698488     1.979581     3.678069   0.000000    295.488132
A-11   241.920652  18.657925     1.611450    20.269375   0.000000    223.262727
A-12  1000.000000   0.000000     6.661068     6.661068   0.000000   1000.000000
A-13  1000.000000   0.000000     6.661068     6.661068   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    950.915937   0.934246     6.334117     7.268363   0.000000    949.981691
M-2    959.361454   0.942545     6.390372     7.332917   0.000000    958.418910
M-3    968.181993   0.951208     6.449129     7.400337   0.000000    967.230785
B-1    986.414326   0.000000     8.828150     8.828150   0.000000    986.414326
B-2    580.625214   0.000000     0.000000     0.000000   0.000000    576.716683

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:41                                        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                       33,438.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,606.92

SUBSERVICER ADVANCES THIS MONTH                                       43,509.43
MASTER SERVICER ADVANCES THIS MONTH                                    2,424.34


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,679,735.49

 (B)  TWO MONTHLY PAYMENTS:                                    3     851,195.86

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     312,132.66


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,752,030.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     109,817,211.36

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          418

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                 307,777.92

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      421,966.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.79801310 %    13.96844100 %    5.23354570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            80.72423060 %    14.02211410 %    5.25365530 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2263 %

      BANKRUPTCY AMOUNT AVAILABLE                         164,976.00
      FRAUD AMOUNT AVAILABLE                              550,741.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,959,268.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.71615299
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.73

POOL TRADING FACTOR:                                                34.04229219


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


Run:        03/28/97     14:29:42                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S7 (POOL # 4100)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4100 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944DN5    23,017,500.00             0.00     5.500000  %          0.00
A-2   760944DQ8     7,746,000.00             0.00     6.000000  %          0.00
A-3   760944DD7    42,158,384.00     3,768,050.17     6.025000  %     92,971.48
A-4   760944DE5             0.00             0.00     3.975000  %          0.00
A-5   760944DR6    28,033,649.00             0.00     6.500000  %          0.00
A-6   760944DW5    56,309,467.00    26,914,645.71     7.150000  %    664,082.05
A-7   760944DY1     1,986,000.00       949,262.86     7.500000  %     23,421.76
A-8   760944DZ8    31,082,000.00    31,082,000.00     7.500000  %          0.00
A-9   760944DF2    18,270,000.00             0.00     0.000000  %          0.00
A-10  760944DG0     6,090,000.00             0.00     0.000000  %          0.00
A-11  760944DX3    37,465,000.00     3,949,262.87     7.500000  %     23,421.76
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     0.325172  %          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     2,813,191.43     7.500000  %     14,506.97
M-2   760944EB0     6,051,700.00     5,146,434.44     7.500000  %     26,538.96
B                   1,344,847.83       881,695.21     7.500000  %      4,546.69

- -------------------------------------------------------------------------------
                  268,959,047.83    75,504,542.69                    849,489.67
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-3        18,828.55    111,800.03             0.00         0.00   3,675,078.69
A-4        12,422.16     12,422.16             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       159,601.83    823,683.88             0.00         0.00  26,250,563.66
A-7         5,904.60     29,326.36             0.00         0.00     925,841.10
A-8       193,336.29    193,336.29             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       24,565.21     47,986.97             0.00         0.00   3,925,841.11
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       20,362.39     20,362.39             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        17,498.62     32,005.59             0.00         0.00   2,798,684.46
M-2        32,011.86     58,550.82             0.00         0.00   5,119,895.48
B           5,484.32     10,031.01             0.00         0.00     877,148.52

- -------------------------------------------------------------------------------
          490,015.83  1,339,505.50             0.00         0.00  74,655,053.02
===============================================================================









































Run:        03/28/97     14:29:42
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     89.378430   2.205290     0.446615     2.651905   0.000000     87.173140
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    477.977277  11.793435     2.834369    14.627804   0.000000    466.183842
A-7    477.977271  11.793434     2.973112    14.766546   0.000000    466.183837
A-8   1000.000000   0.000000     6.220201     6.220201   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   105.412061   0.625164     0.655684     1.280848   0.000000    104.786897
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    836.636857   4.314341     5.204051     9.518392   0.000000    832.322516
M-2    850.411362   4.385373     5.289730     9.675103   0.000000    846.025989
B      655.609646   3.380814     4.078030     7.458844   0.000000    652.228825

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:43                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S7 (POOL # 4100)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4100 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,160.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,161.26

SUBSERVICER ADVANCES THIS MONTH                                        3,140.95
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     162,778.74

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (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                                                      74,655,053.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          327

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      460,130.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.29034550 %    10.54191700 %    1.16773800 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.21817400 %    10.60689079 %    1.17493520 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3259 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              379,274.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,557,063.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22498035
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.05

POOL TRADING FACTOR:                                                27.75703350


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


Run:        03/28/97     14:29:44                                    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-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    30,067,691.29     7.825576  %    505,876.72
R     760944DC9           100.00             0.00     7.825576  %          0.00
B                   6,746,402.77     5,193,324.68     7.825576  %      4,808.89

- -------------------------------------------------------------------------------
                  112,439,802.77    35,261,015.97                    510,685.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         195,241.03    701,117.75             0.00         0.00  29,561,814.57
R               0.00          0.00             0.00         0.00           0.00
B          33,722.25     38,531.14             0.00         0.00   5,188,515.79

- -------------------------------------------------------------------------------
          228,963.28    739,648.89             0.00         0.00  34,750,330.36
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      284.480580   4.786270     1.847241     6.633511   0.000000    279.694310
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B      769.791674   0.712808     4.998553     5.711361   0.000000    769.078866

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:44                                        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                       10,121.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,049.24

SUBSERVICER ADVANCES THIS MONTH                                        8,426.00
MASTER SERVICER ADVANCES THIS MONTH                                    2,227.55


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     455,486.92

 (B)  TWO MONTHLY PAYMENTS:                                    1     220,064.37

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        463,286.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      34,750,330.36

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 302,174.06

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      478,034.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          85.27176680 %    14.72823330 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             85.06916130 %    14.93083870 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                              352,929.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,906,035.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.30126597
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.97

POOL TRADING FACTOR:                                                30.90571978


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


Run:        03/28/97     14:29:45                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     8,568,556.61     6.000000  %    637,920.24
A-4   760944EL8        10,000.00         2,892.33  2969.500000  %        215.33
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     6.125000  %          0.00
A-8   760944EJ3    15,077,940.00     1,425,914.27     9.041665  %          0.00
A-9   760944EK0             0.00             0.00     0.214718  %          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     3,625,914.94     7.000000  %     19,401.75
B-2                   677,492.20       557,693.82     7.000000  %      2,984.14

- -------------------------------------------------------------------------------
                  135,502,292.20    71,958,105.27                    660,521.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        42,691.08    680,611.32             0.00         0.00   7,930,636.37
A-4         7,131.97      7,347.30             0.00         0.00       2,677.00
A-5       195,305.99    195,305.99             0.00         0.00  33,600,000.00
A-6       121,194.34    121,194.34             0.00         0.00  20,850,000.00
A-7        16,922.11     16,922.11             0.00         0.00   3,327,133.30
A-8        10,705.83     10,705.83             0.00         0.00   1,425,914.27
A-9        12,829.99     12,829.99             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-1        21,076.28     40,478.03             0.00         0.00   3,606,513.19
B-2         3,241.70      6,225.84             0.00         0.00     554,709.68

- -------------------------------------------------------------------------------
          431,099.29  1,091,620.75             0.00         0.00  71,297,583.81
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    480.031183  35.737829     2.391657    38.129486   0.000000    444.293354
A-4    289.233000  21.533000   713.197000   734.730000   0.000000    267.700000
A-5   1000.000000   0.000000     5.812678     5.812678   0.000000   1000.000000
A-6   1000.000000   0.000000     5.812678     5.812678   0.000000   1000.000000
A-7     94.569568   0.000000     0.480990     0.480990   0.000000     94.569568
A-8     94.569568   0.000000     0.710033     0.710033   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    823.173570   4.404684     4.784844     9.189528   0.000000    818.768886
B-2    823.173787   4.404685     4.784837     9.189522   0.000000    818.769102

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:46                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S9 (POOL # 4102)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4102 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,203.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,954.58

SUBSERVICER ADVANCES THIS MONTH                                        6,249.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     470,161.02

 (B)  TWO MONTHLY PAYMENTS:                                    1      99,370.22

 (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                                                      71,297,583.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          318

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      275,483.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.18604930 %     5.81395070 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.16358500 %     5.83641500 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2149 %

      BANKRUPTCY AMOUNT AVAILABLE                         225,000.00
      FRAUD AMOUNT AVAILABLE                              361,367.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,603,325.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.62781107
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.51

POOL TRADING FACTOR:                                                52.61725293


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


Run:        03/28/97     14:29:47                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S10 (POOL # 4103)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4103 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944CS5    38,548,900.00             0.00     6.500000  %          0.00
A-2   760944CN6    38,548,900.00             0.00     0.000000  %          0.00
A-3   760944CP1             0.00             0.00     0.000000  %          0.00
A-4   760944CT3    14,583,000.00             0.00     8.000000  %          0.00
A-5   760944CU0    20,606,000.00    18,889,331.95     8.150000  %    226,992.37
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     2,639,119.72     8.500000  %     22,699.24
A-10  760944FD5             0.00             0.00     0.145696  %          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     3,094,534.82     8.500000  %      2,672.43
M-2   760944CY2     2,016,155.00     1,883,305.71     8.500000  %      1,626.42
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       119,131.55     8.500000  %          0.00

- -------------------------------------------------------------------------------
                  134,410,378.59    37,375,004.60                    253,990.46
===============================================================================
_______________________________________________________________________________
                                                                      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       128,179.50    355,171.87             0.00         0.00  18,662,339.58
A-6         5,504.64      5,504.64             0.00         0.00           0.00
A-7        51,149.29     51,149.29             0.00         0.00   7,500,864.00
A-8         1,943.13      1,943.13             0.00         0.00       1,000.00
A-9        18,677.65     41,376.89             0.00         0.00   2,616,420.48
A-10        4,533.91      4,533.91             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        21,900.73     24,573.16             0.00         0.00   3,091,862.39
M-2        13,328.58     14,955.00             0.00         0.00   1,881,679.29
M-3        26,735.56     26,735.56             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     116,223.96

- -------------------------------------------------------------------------------
          271,952.99    525,943.45             0.00         0.00  37,118,106.55
===============================================================================













































Run:        03/28/97     14:29:47
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    916.690864  11.015839     6.220494    17.236333   0.000000    905.675026
A-7   1000.000000   0.000000     6.819120     6.819120   0.000000   1000.000000
A-8   1000.000000   0.000000  1943.130000  1943.130000   0.000000   1000.000000
A-9    506.278066   4.354531     3.583045     7.937576   0.000000    501.923535
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    920.921518   0.795305     6.517572     7.312877   0.000000    920.126214
M-2    934.107601   0.806694     6.610891     7.417585   0.000000    933.300907
M-3    941.261205   0.000000    19.891005    19.891005   0.000000    941.261205
B-1    983.339495   0.000000     0.000000     0.000000   0.000000    983.339495
B-2    177.264428   0.000000     0.000000     0.000000   0.000000    172.938015

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S10 (POOL # 4103)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4103 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        9,511.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,950.65

SUBSERVICER ADVANCES THIS MONTH                                       20,626.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,693,180.72

 (B)  TWO MONTHLY PAYMENTS:                                    1     133,934.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        743,530.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      37,118,106.55

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          149

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      224,621.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         77.67307580 %    16.70365700 %    5.62326720 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            77.53796390 %    16.80768301 %    5.65435310 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1465 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              374,095.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,590,842.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.07749010
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.01

POOL TRADING FACTOR:                                                27.61550629


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


Run:        03/28/97     14:33:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ1 (POOL # 8013)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8013 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944GM4    33,088,000.00    28,977,105.52     7.470000  %    111,989.11
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    64,013,935.95                    111,989.11
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       179,909.63    291,898.74             0.00         0.00  28,865,116.41
A-2       217,532.54    217,532.54             0.00         0.00  35,036,830.43
S-1         2,572.02      2,572.02             0.00         0.00           0.00
S-2        12,428.19     12,428.19             0.00         0.00           0.00
S-3         1,645.38      1,645.38             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          414,087.76    526,076.87             0.00         0.00  63,901,946.84
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    875.758750   3.384584     5.437308     8.821892   0.000000    872.374166
A-2   1000.000000   0.000000     6.208682     6.208682   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-March-97    
DISTRIBUTION DATE        28-March-97    

Run:     03/28/97     14:33:37                                        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                     1,600.35

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,901,946.84

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               3,526,383.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                93.80111868


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


Run:        03/28/97     14:29:48                                    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-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     9,411,700.09    10.000000  %     60,624.81
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    33,361,601.06     7.250000  %    484,998.46
A-6   7609208K7    48,625,000.00     8,340,400.23     6.125000  %    121,249.62
A-7   7609208L5             0.00             0.00     3.875000  %          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     0.164089  %          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     8,174,799.06     8.000000  %      7,834.85
M-2   7609208S0     5,252,983.00     4,985,847.96     8.000000  %      4,778.51
M-3   7609208T8     3,501,988.00     3,354,503.76     8.000000  %      3,215.01
B-1                 5,252,983.00     5,134,940.89     8.000000  %          0.00
B-2                 1,750,995.34     1,043,491.17     8.000000  %          0.00

- -------------------------------------------------------------------------------
                  350,198,858.34   126,222,284.22                    682,701.26
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        78,180.51    138,805.32             0.00         0.00   9,351,075.28
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       200,916.38    685,914.84             0.00         0.00  32,876,602.60
A-6        42,434.92    163,684.54             0.00         0.00   8,219,150.61
A-7        26,846.58     26,846.58             0.00         0.00           0.00
A-8        43,171.28     43,171.28             0.00         0.00   6,663,000.00
A-9       230,661.48    230,661.48             0.00         0.00  35,600,000.00
A-10       65,777.40     65,777.40             0.00         0.00  10,152,000.00
A-11       17,204.66     17,204.66             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        54,324.73     62,159.58             0.00         0.00   8,166,964.21
M-2        33,132.91     37,911.42             0.00         0.00   4,981,069.45
M-3        22,291.99     25,507.00             0.00         0.00   3,351,288.75
B-1        46,979.59     46,979.59             0.00         0.00   5,134,940.89
B-2             0.00          0.00             0.00         0.00   1,037,569.68

- -------------------------------------------------------------------------------
          861,922.43  1,544,623.69             0.00         0.00 125,533,661.47
===============================================================================











































Run:        03/28/97     14:29:48
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    318.457741   2.051323     2.645344     4.696667   0.000000    316.406418
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    563.084004   8.185904     3.391108    11.577012   0.000000    554.898100
A-6    171.524940   2.493565     0.872698     3.366263   0.000000    169.031375
A-8   1000.000000   0.000000     6.479256     6.479256   0.000000   1000.000000
A-9   1000.000000   0.000000     6.479255     6.479255   0.000000   1000.000000
A-10  1000.000000   0.000000     6.479255     6.479255   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    933.732283   0.894903     6.205015     7.099918   0.000000    932.837380
M-2    949.146030   0.909676     6.307447     7.217123   0.000000    948.236355
M-3    957.885567   0.918053     6.365524     7.283577   0.000000    956.967514
B-1    977.528557   0.000000     8.943412     8.943412   0.000000    977.528557
B-2    595.941717   0.000000     0.000000     0.000000   0.000000    592.559932

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:49                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S11 (POOL # 4104)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4104 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,631.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,244.12

SUBSERVICER ADVANCES THIS MONTH                                       51,684.64
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   3,953,889.20

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,615,635.71

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,141,790.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     125,533,661.47

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          484

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      567,649.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.02093790 %    13.08418000 %    4.89488220 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            81.93963860 %    13.14334515 %    4.91701630 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1644 %

      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                          8.64823269
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.14

POOL TRADING FACTOR:                                                35.84639369


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


Run:        03/28/97     14:29:50                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,749,308.36     7.500000  %    345,899.64
A-6   760944GG7    20,505,000.00     9,085,146.69     7.000000  %    322,335.58
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     1,231,912.37     7.500000  %    153,706.80
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    24,593,087.63     7.500000  %          0.00
A-13  760944GH5    23,529,000.00     1,817,029.37     6.075000  %     64,467.12
A-14  760944GU6             0.00             0.00     3.925000  %          0.00
A-15  760944GV4             0.00             0.00     0.162785  %          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     7,762,845.30     7.500000  %      8,070.90
M-2   760944GX0     3,698,106.00     3,532,852.64     7.500000  %      3,673.05
M-3   760944GY8     2,218,863.00     2,126,777.34     7.500000  %      2,211.17
B-1                 4,437,728.00     4,323,128.99     7.500000  %      4,494.68
B-2                 1,479,242.76     1,205,609.00     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  295,848,488.76   131,977,697.69                    904,858.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        60,744.32    406,643.96             0.00         0.00   9,403,408.72
A-6        52,832.43    375,168.01             0.00         0.00   8,762,811.11
A-7       144,251.49    144,251.49             0.00         0.00  23,152,000.00
A-8        62,306.28     62,306.28             0.00         0.00  10,000,000.00
A-9         7,675.59    161,382.39             0.00         0.00   1,078,205.57
A-10       21,202.83     21,202.83             0.00         0.00   3,403,000.00
A-11      186,887.68    186,887.68             0.00         0.00  29,995,000.00
A-12            0.00          0.00       153,706.80         0.00  24,746,794.43
A-13        9,170.20     73,637.32             0.00         0.00   1,752,562.25
A-14        5,924.78      5,924.78             0.00         0.00           0.00
A-15       17,859.93     17,859.93             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        48,400.12     56,471.02             0.00         0.00   7,754,774.40
M-2        22,026.78     25,699.83             0.00         0.00   3,529,179.59
M-3        13,260.12     15,471.29             0.00         0.00   2,124,566.17
B-1        29,256.20     33,750.88             0.00         0.00   4,318,634.31
B-2         6,468.08      6,468.08             0.00         0.00   1,204,355.55

- -------------------------------------------------------------------------------
          688,266.83  1,593,125.77       153,706.80         0.00 131,225,292.10
===============================================================================



































Run:        03/28/97     14:29:50
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    443.069822  15.719853     2.760604    18.480457   0.000000    427.349969
A-6    443.069822  15.719853     2.576563    18.296416   0.000000    427.349969
A-7   1000.000000   0.000000     6.230628     6.230628   0.000000   1000.000000
A-8   1000.000000   0.000000     6.230628     6.230628   0.000000   1000.000000
A-9    164.804330  20.562783     1.026835    21.589618   0.000000    144.241548
A-10  1000.000000   0.000000     6.230629     6.230629   0.000000   1000.000000
A-11  1000.000000   0.000000     6.230628     6.230628   0.000000   1000.000000
A-12  1340.222759   0.000000     0.000000     0.000000   8.376392   1348.599152
A-13    77.225100   2.739901     0.389740     3.129641   0.000000     74.485199
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    954.094435   0.991956     5.948629     6.940585   0.000000    953.102479
M-2    955.314055   0.993225     5.956233     6.949458   0.000000    954.320831
M-3    958.498718   0.996533     5.976088     6.972621   0.000000    957.502185
B-1    974.176198   1.012834     6.592608     7.605442   0.000000    973.163364
B-2    815.017678   0.000000     4.372562     4.372562   0.000000    814.170319

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:51                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S12 (POOL # 4105)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4105 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       48,708.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,776.12

SUBSERVICER ADVANCES THIS MONTH                                       28,635.56
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,363,945.76

 (B)  TWO MONTHLY PAYMENTS:                                    2     719,454.38

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     234,539.64


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        625,439.56

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,225,292.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          500

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      615,190.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.64059410 %    10.17026000 %    4.18914570 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.57327650 %    10.21793889 %    4.20878460 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1625 %

      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                          8.23045583
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              299.01

POOL TRADING FACTOR:                                                44.35557290


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


Run:        03/28/97     14:29:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     2,827,356.00     6.125000  %    547,915.31
A-6   760944FK9             0.00             0.00     2.375000  %          0.00
A-7   760944FN3     6,666,667.00     2,261,885.03     6.250000  %    438,332.29
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     0.277336  %          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     1,909,325.66     7.500000  %      9,833.63
M-2   760944FW3     4,582,565.00     3,835,585.86     7.500000  %     19,754.48
B-1                   458,256.00       383,681.10     7.500000  %      1,976.08
B-2                   917,329.35       671,950.05     7.500000  %      3,460.75

- -------------------------------------------------------------------------------
                  183,302,633.35    61,389,784.70                  1,021,272.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5        14,322.85    562,238.16             0.00         0.00   2,279,440.69
A-6         5,553.76      5,553.76             0.00         0.00           0.00
A-7        11,692.12    450,024.41             0.00         0.00   1,823,552.74
A-8       201,598.53    201,598.53             0.00         0.00  32,500,001.00
A-9        64,674.19     64,674.19             0.00         0.00  12,000,000.00
A-10       39,699.40     39,699.40             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        1,077.91      1,077.91             0.00         0.00     200,000.00
A-15       14,081.38     14,081.38             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        11,843.61     21,677.24             0.00         0.00   1,899,492.03
M-2        23,792.26     43,546.74             0.00         0.00   3,815,831.38
B-1         2,379.99      4,356.07             0.00         0.00     381,705.02
B-2         4,168.14      7,628.89             0.00         0.00     668,489.30

- -------------------------------------------------------------------------------
          394,884.14  1,416,156.68             0.00         0.00  60,368,512.16
===============================================================================





































Run:        03/28/97     14:29:52
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    154.925925  30.023204     0.784825    30.808029   0.000000    124.902721
A-7    339.282738  65.749840     1.753818    67.503658   0.000000    273.532897
A-8   1000.000000   0.000000     6.203032     6.203032   0.000000   1000.000000
A-9   1000.000000   0.000000     5.389516     5.389516   0.000000   1000.000000
A-10   120.000000   0.000000     0.992485     0.992485   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     5.389550     5.389550   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    833.300161   4.291759     5.168988     9.460747   0.000000    829.008402
M-2    836.995408   4.310791     5.191909     9.502700   0.000000    832.684617
B-1    837.263669   4.312175     5.193582     9.505757   0.000000    832.951494
B-2    732.506869   3.772636     4.543766     8.316402   0.000000    728.734233

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:53                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S13 (POOL # 4106)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4106 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,381.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,563.06

SUBSERVICER ADVANCES THIS MONTH                                       17,975.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,248,443.81

 (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                                                      60,368,512.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          278

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      705,095.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.92235460 %     9.35809000 %    1.71955510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.79296920 %     9.46739153 %    1.73963920 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2770 %

      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                          8.22492418
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              125.34

POOL TRADING FACTOR:                                                32.93379427


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


Run:        03/28/97     14:29:54                                    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-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    22,360,708.15     7.500000  %    376,133.83
A-7   760944HD3    36,855,000.00    25,257,567.07     7.000000  %    424,862.46
A-8   760944HW1    29,999,000.00     5,051,129.52    10.000190  %     84,966.03
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    20,256,771.10     7.500000  %    340,754.74
A-16  760944HM3             0.00             0.00     0.296218  %          0.00
R     760944HV3         1,000.00             0.00     7.500000  %          0.00
M-1   760944HS0    13,271,500.00    12,629,439.18     7.500000  %     13,090.33
M-2   760944HT8     6,032,300.00     5,757,125.07     7.500000  %      5,967.22
M-3   760944HU5     3,619,400.00     3,480,459.14     7.500000  %      3,607.47
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     1,832,176.64     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  482,582,094.79   208,771,494.67                  1,249,382.08
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6       139,346.38    515,480.21             0.00         0.00  21,984,574.32
A-7       146,905.63    571,768.09             0.00         0.00  24,832,704.61
A-8        41,970.65    126,936.68             0.00         0.00   4,966,163.49
A-9       594,297.23    594,297.23             0.00         0.00  95,366,000.00
A-10       52,134.83     52,134.83             0.00         0.00   8,366,000.00
A-11        8,630.98      8,630.98             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      126,235.17    466,989.91             0.00         0.00  19,916,016.36
A-16       51,384.33     51,384.33             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        78,703.52     91,793.85             0.00         0.00  12,616,348.85
M-2        35,876.97     41,844.19             0.00         0.00   5,751,157.85
M-3        21,689.36     25,296.83             0.00         0.00   3,476,851.67
B-1        64,406.08     64,406.08             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   1,822,991.94

- -------------------------------------------------------------------------------
        1,361,581.13  2,610,963.21             0.00         0.00 207,512,927.89
===============================================================================

































Run:        03/28/97     14:29:54
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    685.322672  11.527946     4.270761    15.798707   0.000000    673.794726
A-7    685.322672  11.527946     3.986043    15.513989   0.000000    673.794726
A-8    168.376597   2.832295     1.399068     4.231363   0.000000    165.544301
A-9   1000.000000   0.000000     6.231752     6.231752   0.000000   1000.000000
A-10  1000.000000   0.000000     6.231751     6.231751   0.000000   1000.000000
A-11  1000.000000   0.000000     6.231755     6.231755   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   685.299608  11.527952     4.270617    15.798569   0.000000    673.771655
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    951.621081   0.986349     5.930266     6.916615   0.000000    950.634732
M-2    954.383083   0.989211     5.947478     6.936689   0.000000    953.393871
M-3    961.612184   0.996704     5.992529     6.989233   0.000000    960.615481
B-1    967.827359   0.000000    13.345921    13.345921   0.000000    967.827359
B-2    977.406030   0.000000     0.000000     0.000000   0.000000    977.406030
B-3    759.295730   0.000000     0.000000     0.000000   0.000000    755.489381

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S14 (POOL # 4107)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4107 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       60,042.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,889.28

SUBSERVICER ADVANCES THIS MONTH                                       71,269.65
MASTER SERVICER ADVANCES THIS MONTH                                    6,479.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,744,456.50

 (B)  TWO MONTHLY PAYMENTS:                                    2     447,993.44

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,228,096.16


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      2,999,464.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     207,512,927.89

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          751

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                 848,904.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,042,176.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         85.28136280 %    10.47414200 %    4.24449490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            85.20744250 %    10.52674578 %    4.26581170 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2958 %

      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                          8.26827768
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.88

POOL TRADING FACTOR:                                                43.00054439


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


Run:        03/28/97     14:29:56                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     9,669,383.75     5.600000  %    629,601.98
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    13,397,826.95     6.125000  %    477,091.93
A-11  760944JE9             0.00             0.00     2.375000  %          0.00
A-12  760944JN9     2,200,013.00       652,951.16     7.500000  %     13,975.66
A-13  760944JP4     9,999,984.00     2,967,919.10     9.500000  %     63,524.84
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     6.642000  %          0.00
A-17  760944JT6    11,027,260.00     2,328,663.67     8.002400  %          0.00
A-18  760944JU3     4,711,421.00             0.00     0.000000  %          0.00
A-19  760944JV1             0.00             0.00     0.311169  %          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     4,837,412.57     7.000000  %     25,138.41
M-2   760944JK5     5,050,288.00     4,323,079.76     7.000000  %     22,465.59
B-1                 1,442,939.00     1,279,157.31     7.000000  %      6,647.35
B-2                   721,471.33       274,595.56     7.000000  %      1,426.98

- -------------------------------------------------------------------------------
                  288,587,914.33   126,401,022.15                  1,239,872.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3        44,997.69    674,599.67             0.00         0.00   9,039,781.77
A-4        51,349.58     51,349.58             0.00         0.00  10,298,695.00
A-5       222,709.23    222,709.23             0.00         0.00  40,000,000.00
A-6        67,305.67     67,305.67             0.00         0.00  11,700,000.00
A-7         7,395.61      7,395.61             0.00         0.00           0.00
A-8       103,265.95    103,265.95             0.00         0.00  18,141,079.00
A-9         2,319.47      2,319.47             0.00         0.00      10,000.00
A-10       68,193.64    545,285.57             0.00         0.00  12,920,735.02
A-11       26,442.43     26,442.43             0.00         0.00           0.00
A-12        4,069.54     18,045.20             0.00         0.00     638,975.50
A-13       23,430.37     86,955.21             0.00         0.00   2,904,394.26
A-14            0.00          0.00             0.00         0.00           0.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       35,988.78     35,988.78             0.00         0.00   6,520,258.32
A-17       15,485.68     15,485.68             0.00         0.00   2,328,663.67
A-18            0.00          0.00             0.00         0.00           0.00
A-19       32,685.10     32,685.10             0.00         0.00           0.00
R-I             0.07          0.07             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        28,139.38     53,277.79             0.00         0.00   4,812,274.16
M-2        25,147.50     47,613.09             0.00         0.00   4,300,614.17
B-1         7,440.90     14,088.25             0.00         0.00   1,272,509.96
B-2         1,597.31      3,024.29             0.00         0.00     273,168.58

- -------------------------------------------------------------------------------
          767,963.90  2,007,836.64             0.00         0.00 125,161,149.41
===============================================================================





























Run:        03/28/97     14:29:56
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    407.660945  26.544002     1.897101    28.441103   0.000000    381.116944
A-4   1000.000000   0.000000     4.986028     4.986028   0.000000   1000.000000
A-5   1000.000000   0.000000     5.567731     5.567731   0.000000   1000.000000
A-6   1000.000000   0.000000     5.752621     5.752621   0.000000   1000.000000
A-8   1000.000000   0.000000     5.692382     5.692382   0.000000   1000.000000
A-9   1000.000000   0.000000   231.947000   231.947000   0.000000   1000.000000
A-10   421.492910  15.009215     2.145358    17.154573   0.000000    406.483695
A-12   296.794228   6.352535     1.849780     8.202315   0.000000    290.441693
A-13   296.792385   6.352494     2.343041     8.695535   0.000000    290.439891
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     0.916540     0.916540   0.000000    166.053934
A-17   211.173371   0.000000     1.404309     1.404309   0.000000    211.173371
A-18     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000     0.700000     0.700000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    838.080243   4.355222     4.875139     9.230361   0.000000    833.725021
M-2    856.006580   4.448378     4.979419     9.427797   0.000000    851.558202
B-1    886.494377   4.606813     5.156767     9.763580   0.000000    881.887564
B-2    380.604951   1.977847     2.213990     4.191837   0.000000    378.627076

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:58                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S15 (POOL # 4108)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4108 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,433.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,491.07

SUBSERVICER ADVANCES THIS MONTH                                       11,376.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     631,184.66

 (B)  TWO MONTHLY PAYMENTS:                                    1     178,082.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     252,536.43


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     125,161,149.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          546

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      583,009.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.52360870 %     7.24716600 %    1.22922490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.48412510 %     7.28092413 %    1.23495070 %

CLASS A-19 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3103 %

      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                          7.76312871
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              126.87

POOL TRADING FACTOR:                                                43.37019785


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


Run:        03/28/97     14:33:38                                    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    28,414,599.52     7.470000  %     84,534.47
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    52,483,120.10                     84,534.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       175,789.56    260,324.03             0.00         0.00  28,330,065.05
A-2       148,902.14    148,902.14             0.00         0.00  24,068,520.58
S-1         3,805.62      3,805.62             0.00         0.00           0.00
S-2         6,385.21      6,385.21             0.00         0.00           0.00
S-3         3,385.15      3,385.15             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          338,267.68    422,802.15             0.00         0.00  52,398,585.63
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    890.656036   2.649734     5.510126     8.159860   0.000000    888.006302
A-2   1000.000000   0.000000     6.186593     6.186593   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-March-97    
DISTRIBUTION DATE        28-March-97    

Run:     03/28/97     14:33:39                                        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                     1,312.08

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                                                      52,398,585.63

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               3,779,681.35

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                93.61634537


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


Run:        03/28/97     14:29:58                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    16,305,068.41     7.000000  %    523,659.33
A-2   760944KV9    20,040,000.00    10,769,204.13     7.000000  %    143,372.86
A-3   760944KS6    30,024,000.00    16,134,460.35     6.000000  %    214,801.74
A-4   760944LF3    10,008,000.00     5,378,153.43    10.000000  %     71,600.58
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     0.241543  %          0.00
R     760944LE6       333,970.00             0.00     7.000000  %          0.00
M-1   760944LB2     5,917,999.88     5,688,878.12     7.000000  %          0.00
M-2   760944LC0     2,689,999.61     2,585,853.36     7.000000  %          0.00
M-3   760944LD8     1,613,999.76     1,551,512.02     7.000000  %          0.00
B-1                 2,151,999.69     2,073,057.79     7.000000  %          0.00
B-2                 1,075,999.84     1,038,790.39     7.000000  %          0.00
B-3                 1,075,999.84       987,524.76     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  215,199,968.62   152,614,502.76                    953,434.51
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        94,936.62    618,595.95             0.00         0.00  15,781,409.08
A-2        62,703.93    206,076.79             0.00         0.00  10,625,831.27
A-3        80,522.78    295,324.52             0.00         0.00  15,919,658.61
A-4        44,734.88    116,335.46             0.00         0.00   5,306,552.85
A-5       130,022.74    130,022.74             0.00         0.00  22,331,000.00
A-6       106,412.41    106,412.41             0.00         0.00  18,276,000.00
A-7       197,354.37    197,354.37             0.00         0.00  33,895,000.00
A-8        81,748.21     81,748.21             0.00         0.00  14,040,000.00
A-9         9,083.13      9,083.13             0.00         0.00   1,560,000.00
A-10       30,662.22     30,662.22             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1             0.00          0.00             0.00         0.00   5,688,878.12
M-2             0.00          0.00             0.00         0.00   2,585,853.36
M-3             0.00          0.00             0.00         0.00   1,551,512.02
B-1             0.00          0.00             0.00         0.00   2,073,057.79
B-2             0.00          0.00             0.00         0.00   1,038,790.39
B-3             0.00          0.00             0.00         0.00     896,503.16

- -------------------------------------------------------------------------------
          838,181.29  1,791,615.80             0.00         0.00 151,570,046.65
===============================================================================













































Run:        03/28/97     14:29:58
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    325.022294  10.438531     1.892449    12.330980   0.000000    314.583764
A-2    537.385436   7.154334     3.128939    10.283273   0.000000    530.231101
A-3    537.385437   7.154335     2.681947     9.836282   0.000000    530.231102
A-4    537.385435   7.154335     4.469912    11.624247   0.000000    530.231100
A-5   1000.000000   0.000000     5.822522     5.822522   0.000000   1000.000000
A-6   1000.000000   0.000000     5.822522     5.822522   0.000000   1000.000000
A-7   1000.000000   0.000000     5.822522     5.822522   0.000000   1000.000000
A-8   1000.000000   0.000000     5.822522     5.822522   0.000000   1000.000000
A-9   1000.000000   0.000000     5.822519     5.822519   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.283919   0.000000     0.000000     0.000000   0.000000    961.283920
M-2    961.283916   0.000000     0.000000     0.000000   0.000000    961.283916
M-3    961.283922   0.000000     0.000000     0.000000   0.000000    961.283922
B-1    963.316956   0.000000     0.000000     0.000000   0.000000    963.316956
B-2    965.418722   0.000000     0.000000     0.000000   0.000000    965.418722
B-3    917.774077   0.000000     0.000000     0.000000   0.000000    833.181499

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:29:59                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S16 (POOL # 4109)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4109 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,271.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,217.02

SUBSERVICER ADVANCES THIS MONTH                                       14,338.43
MASTER SERVICER ADVANCES THIS MONTH                                    3,400.40


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,584,278.78

 (B)  TWO MONTHLY PAYMENTS:                                    1     214,835.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        213,787.48

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     151,570,046.65

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          538

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                 496,579.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      537,174.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.87529940 %     6.43860400 %    2.68609660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.87247440 %     6.48297188 %    2.64455370 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2408 %

      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                          7.63813553
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              301.46

POOL TRADING FACTOR:                                                70.43218808


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


Run:        03/28/97     14:30:00                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     9,613,698.80     5.650000  %  1,115,333.37
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    16,806,026.97     5.975000  %    602,237.05
A-8   760944KE7             0.00             0.00    14.100000  %          0.00
A-9   760944KK3    14,731,000.00    14,731,000.00     7.000000  %          0.00
A-10  760944KF4    17,454,500.00             0.00     0.000000  %          0.00
A-11  760944KG2     4,803,430.00             0.00     0.000000  %          0.00
A-12  760944KH0     2,677,070.00             0.00     0.000000  %          0.00
A-13  760944KJ6    34,380,000.00     6,895,190.19     7.000000  %     87,149.34
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     0.139864  %          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     3,440,560.04     7.000000  %     17,745.43
M-2   760944KM9     2,343,800.00     1,985,421.30     7.000000  %     10,240.24
M-3   760944MF2     1,171,900.00       999,100.32     7.000000  %      5,153.07
B-1                 1,406,270.00     1,219,917.40     7.000000  %          0.00
B-2                   351,564.90       146,330.10     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  234,376,334.90   107,100,245.12                  1,837,858.50
===============================================================================
_______________________________________________________________________________
                                                                      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        44,810.31  1,160,143.68             0.00         0.00   8,498,365.43
A-4        37,153.59     37,153.59             0.00         0.00   7,444,000.00
A-5       149,445.26    149,445.26             0.00         0.00  28,305,000.00
A-6        70,976.85     70,976.85             0.00         0.00  12,746,000.00
A-7        82,840.36    685,077.41             0.00         0.00  16,203,789.92
A-8        48,872.34     48,872.34             0.00         0.00           0.00
A-9        85,068.60     85,068.60             0.00         0.00  14,731,000.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11            0.00          0.00             0.00         0.00           0.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       39,818.35    126,967.69             0.00         0.00   6,808,040.85
A-14       14,500.36     14,500.36             0.00         0.00   2,768,000.00
A-15            0.00          0.00             0.00         0.00           0.00
A-16       12,357.64     12,357.64             0.00         0.00           0.00
R-I             3.26          3.26             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,868.55     37,613.98             0.00         0.00   3,422,814.61
M-2        11,465.41     21,705.65             0.00         0.00   1,975,181.06
M-3         5,769.61     10,922.68             0.00         0.00     993,947.25
B-1        14,936.51     14,936.51             0.00         0.00   1,219,917.40
B-2             0.00          0.00             0.00         0.00     139,283.40

- -------------------------------------------------------------------------------
          637,887.00  2,475,745.50             0.00         0.00 105,255,339.92
===============================================================================

































Run:        03/28/97     14:30:00
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    451.707880  52.404895     2.105451    54.510346   0.000000    399.302985
A-4   1000.000000   0.000000     4.991079     4.991079   0.000000   1000.000000
A-5   1000.000000   0.000000     5.279818     5.279818   0.000000   1000.000000
A-6   1000.000000   0.000000     5.568559     5.568559   0.000000   1000.000000
A-7    358.536224  12.847998     1.767299    14.615297   0.000000    345.688226
A-9   1000.000000   0.000000     5.774801     5.774801   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   200.558179   2.534885     1.158184     3.693069   0.000000    198.023294
A-14   461.333333   0.000000     2.416727     2.416727   0.000000    461.333333
A-15     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-I      0.000000   0.000000    32.600000    32.600000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    838.833636   4.326465     4.844097     9.170562   0.000000    834.507170
M-2    847.095017   4.369076     4.891804     9.260880   0.000000    842.725941
M-3    852.547419   4.397193     4.923296     9.320489   0.000000    848.150226
B-1    867.484480   0.000000    10.621367    10.621367   0.000000    867.484480
B-2    416.224999   0.000000     0.000000     0.000000   0.000000    396.181189

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S17 (POOL # 4110)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4110 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       30,416.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,828.00

SUBSERVICER ADVANCES THIS MONTH                                        7,831.28
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     153,077.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     369,439.56


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        237,754.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,255,339.92

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          448

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,292,512.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.72519950 %     5.99912900 %    1.27567170 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.63586650 %     6.07279681 %    1.29133670 %

CLASS A-16 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1405 %

      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                          7.60969552
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              127.79

POOL TRADING FACTOR:                                                44.90868925


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


Run:        03/28/97     14:30:02                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     6,746,069.98     7.500000  %  1,002,290.60
A-3   760944LY2    81,356,000.00    17,962,811.16     6.250000  %  1,870,938.09
A-4   760944LN6    40,678,000.00     8,981,405.58    10.000000  %    935,469.05
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     0.134040  %          0.00
R     760944LX4         1,000.00             0.00     7.500000  %          0.00
M-1   760944LU0    13,767,600.00    13,142,824.77     7.500000  %     45,349.67
M-2   760944LV8     6,257,900.00     5,993,468.86     7.500000  %     20,680.62
M-3   760944LW6     3,754,700.00     3,610,372.36     7.500000  %     12,457.69
B-1                 5,757,200.00     5,595,753.50     7.500000  %          0.00
B-2                 2,753,500.00     2,690,855.48     7.500000  %          0.00
B-3                 2,753,436.49     2,217,307.28     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  500,624,336.49   253,965,868.97                  3,887,185.72
===============================================================================
_______________________________________________________________________________
                                                                      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        41,933.38  1,044,223.98             0.00         0.00   5,743,779.38
A-3        93,046.93  1,963,985.02             0.00         0.00  16,091,873.07
A-4        74,437.55  1,009,906.60             0.00         0.00   8,045,936.53
A-5       413,933.96    413,933.96             0.00         0.00  66,592,000.00
A-6       326,754.96    326,754.96             0.00         0.00  52,567,000.00
A-7       332,181.51    332,181.51             0.00         0.00  53,440,000.00
A-8        89,671.60     89,671.60             0.00         0.00  14,426,000.00
A-9        28,213.58     28,213.58             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        81,695.42    127,045.09             0.00         0.00  13,097,475.10
M-2        37,255.23     57,935.85             0.00         0.00   5,972,788.24
M-3        22,441.97     34,899.66             0.00         0.00   3,597,914.67
B-1        29,575.84     29,575.84             0.00         0.00   5,595,753.50
B-2             0.00          0.00             0.00         0.00   2,690,855.48
B-3             0.00          0.00             0.00         0.00   2,181,063.26

- -------------------------------------------------------------------------------
        1,571,141.93  5,458,327.65             0.00         0.00 250,042,439.23
===============================================================================















































Run:        03/28/97     14:30:02
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     94.769470  14.080279     0.589084    14.669363   0.000000     80.689191
A-3    220.792703  22.996928     1.143701    24.140629   0.000000    197.795775
A-4    220.792703  22.996928     1.829922    24.826850   0.000000    197.795775
A-5   1000.000000   0.000000     6.215971     6.215971   0.000000   1000.000000
A-6   1000.000000   0.000000     6.215971     6.215971   0.000000   1000.000000
A-7   1000.000000   0.000000     6.215971     6.215971   0.000000   1000.000000
A-8   1000.000000   0.000000     6.215971     6.215971   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    954.619888   3.293942     5.933890     9.227832   0.000000    951.325946
M-2    957.744429   3.304722     5.953312     9.258034   0.000000    954.439707
M-3    961.560806   3.317892     5.977034     9.294926   0.000000    958.242914
B-1    971.957462   0.000000     5.137192     5.137192   0.000000    971.957462
B-2    977.249130   0.000000     0.000000     0.000000   0.000000    977.249130
B-3    805.287243   0.000000     0.000000     0.000000   0.000000    792.124049

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:03                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S18 (POOL # 4111)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4111 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       65,975.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    27,378.50

SUBSERVICER ADVANCES THIS MONTH                                       46,413.19
MASTER SERVICER ADVANCES THIS MONTH                                    7,506.94


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   5,034,748.46

 (B)  TWO MONTHLY PAYMENTS:                                    1     287,530.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     527,420.42


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        492,078.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     250,042,439.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          887

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               1,001,366.37

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,047,113.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.90746030 %     8.95658400 %    4.13595590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.74790950 %     9.06573223 %    4.18635820 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1324 %

      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                          8.07162376
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.72

POOL TRADING FACTOR:                                                49.94612147


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


Run:        03/28/97     14:28:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-19 (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    28,092,104.26     6.929974  %    849,592.18
A-2   760944LJ5     5,265,582.31     1,793,028.79     6.929974  %     54,226.74
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    29,885,133.05                    903,818.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       158,555.27  1,008,147.45             0.00         0.00  27,242,512.08
A-2        10,120.07     64,346.81             0.00         0.00   1,738,802.05
S-1         2,190.59      2,190.59             0.00         0.00           0.00
S-2         3,495.22      3,495.22             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          174,361.15  1,078,180.07             0.00         0.00  28,981,314.13
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    340.518610  10.298337     1.921929    12.220266   0.000000    330.220273
A-2    340.518614  10.298337     1.921928    12.220265   0.000000    330.220277

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:28:21                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-19 (POOL # 3184)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 3184 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        8,126.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,506.30

SUBSERVICER ADVANCES THIS MONTH                                       14,431.57
MASTER SERVICER ADVANCES THIS MONTH                                    1,961.61


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,630,253.09

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     368,758.35


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      28,981,314.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          101

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                 290,226.21

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      873,939.34

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                          7,667,674.06
      BANKRUPTCY AMOUNT AVAILABLE                         149,087.00
      FRAUD AMOUNT AVAILABLE                            1,755,272.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,146,180.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.92257573
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.64

POOL TRADING FACTOR:                                                33.02202732


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


Run:        03/28/97     14:30:04                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     2,287,084.62     5.249810  %    683,205.87
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    28,983,553.52     6.075000  %    797,159.58
A-10  760944NK0             0.00             0.00     2.425000  %          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     6.042000  %          0.00
A-14  760944NP9    13,505,000.00     3,526,465.71     8.845132  %          0.00
A-15  760944NQ7             0.00             0.00     0.094683  %          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     3,307,208.93     7.000000  %     16,982.19
M-2   760944NW4     1,958,800.00     1,653,604.47     7.000000  %      8,491.09
M-3   760944NX2     1,305,860.00     1,102,397.33     7.000000  %          0.00
B-1                 1,567,032.00     1,322,876.82     7.000000  %          0.00
B-2                   783,516.00       661,438.41     7.000000  %          0.00
B-3                   914,107.69       705,222.27     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  261,172,115.69   143,759,843.98                  1,505,838.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4         9,972.97    693,178.84             0.00         0.00   1,603,878.75
A-5       104,466.52    104,466.52             0.00         0.00  21,873,000.00
A-6        62,642.75     62,642.75             0.00         0.00  12,561,000.00
A-7       138,111.53    138,111.53             0.00         0.00  23,816,000.00
A-8       104,615.88    104,615.88             0.00         0.00  18,040,000.00
A-9       146,250.24    943,409.82             0.00         0.00  28,186,393.94
A-10       58,379.73     58,379.73             0.00         0.00           0.00
A-11       75,271.28     75,271.28             0.00         0.00  12,499,498.87
A-12       14,078.47     14,078.47             0.00         0.00   2,400,000.00
A-13       45,269.91     45,269.91             0.00         0.00   9,020,493.03
A-14       25,908.52     25,908.52             0.00         0.00   3,526,465.71
A-15       11,306.00     11,306.00             0.00         0.00           0.00
R-I             2.65          2.65             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        38,444.92     55,427.11             0.00         0.00   3,290,226.74
M-2        19,222.47     27,713.56             0.00         0.00   1,645,113.38
M-3        12,694.85     12,694.85             0.00         0.00   1,102,397.33
B-1             0.00          0.00             0.00         0.00   1,322,876.82
B-2             0.00          0.00             0.00         0.00     661,438.41
B-3             0.00          0.00             0.00         0.00     685,751.06

- -------------------------------------------------------------------------------
          866,638.69  2,372,477.42             0.00         0.00 142,234,534.04
===============================================================================

































Run:        03/28/97     14:30:04
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    288.118496  86.067759     1.256358    87.324117   0.000000    202.050737
A-5   1000.000000   0.000000     4.776049     4.776049   0.000000   1000.000000
A-6   1000.000000   0.000000     4.987083     4.987083   0.000000   1000.000000
A-7   1000.000000   0.000000     5.799107     5.799107   0.000000   1000.000000
A-8   1000.000000   0.000000     5.799106     5.799106   0.000000   1000.000000
A-9    814.671094  22.406599     4.110809    26.517408   0.000000    792.264495
A-11   337.824294   0.000000     2.034359     2.034359   0.000000    337.824294
A-12  1000.000000   0.000000     5.866029     5.866029   0.000000   1000.000000
A-13   261.122971   0.000000     1.310462     1.310462   0.000000    261.122971
A-14   261.122970   0.000000     1.918439     1.918439   0.000000    261.122970
R-I      0.000000   0.000000    26.500000    26.500000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    844.192600   4.334845     9.813386    14.148231   0.000000    839.857755
M-2    844.192603   4.334843     9.813391    14.148234   0.000000    839.857760
M-3    844.192586   0.000000     9.721448     9.721448   0.000000    844.192586
B-1    844.192601   0.000000     0.000000     0.000000   0.000000    844.192601
B-2    844.192601   0.000000     0.000000     0.000000   0.000000    844.192601
B-3    771.487077   0.000000     0.000000     0.000000   0.000000    750.186294

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:06                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S20 (POOL # 4112)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4112 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       39,070.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,550.06

SUBSERVICER ADVANCES THIS MONTH                                       13,384.78
MASTER SERVICER ADVANCES THIS MONTH                                    2,420.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     537,262.92

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     406,936.52


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        350,138.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     142,234,534.04

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          569

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 229,042.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      787,117.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.91154860 %     4.21759700 %    1.87085450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.87785550 %     4.24491667 %    1.87722790 %

CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0941 %

      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                          7.54710901
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              128.68

POOL TRADING FACTOR:                                                54.46007651


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


Run:        03/28/97     14:30:06                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     9,599,703.54     6.500000  %  1,209,201.73
A-4   760944QX9    38,099,400.00     3,839,877.42    10.000000  %    483,680.19
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     0.077879  %          0.00
R     760944QL5         1,000.00             0.00     7.500000  %          0.00
M-1   760944QH4     7,403,017.00     7,100,196.12     7.500000  %      7,072.70
M-2   760944QJ0     3,365,008.00     3,235,333.52     7.500000  %      3,222.80
M-3   760944QK7     2,692,006.00     2,599,688.56     7.500000  %      2,589.62
B-1                 2,422,806.00     2,349,757.45     7.500000  %      2,340.66
B-2                 1,480,605.00     1,444,643.76     7.500000  %          0.00
B-3                 1,480,603.82     1,337,822.80     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  269,200,605.82   148,514,583.17                  1,708,107.70
===============================================================================
_______________________________________________________________________________
                                                                      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        51,705.13  1,260,906.86             0.00         0.00   8,390,501.81
A-4        31,818.51    515,498.70             0.00         0.00   3,356,197.23
A-5       383,176.71    383,176.71             0.00         0.00  61,656,000.00
A-6        56,057.06     56,057.06             0.00         0.00   9,020,000.00
A-7       230,878.01    230,878.01             0.00         0.00  37,150,000.00
A-8        57,061.11     57,061.11             0.00         0.00   9,181,560.00
A-9         9,584.10      9,584.10             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,125.96     51,198.66             0.00         0.00   7,093,123.42
M-2        20,106.79     23,329.59             0.00         0.00   3,232,110.72
M-3        16,156.41     18,746.03             0.00         0.00   2,597,098.94
B-1        14,603.15     16,943.81             0.00         0.00   2,347,416.79
B-2        20,064.06     20,064.06             0.00         0.00   1,444,643.76
B-3             0.00          0.00             0.00         0.00   1,335,051.11

- -------------------------------------------------------------------------------
          935,337.00  2,643,444.70             0.00         0.00 146,803,703.78
===============================================================================















































Run:        03/28/97     14:30:06
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    239.749243  30.199391     1.291318    31.490709   0.000000    209.549852
A-4    100.785771  12.695218     0.835145    13.530363   0.000000     88.090553
A-5   1000.000000   0.000000     6.214751     6.214751   0.000000   1000.000000
A-6   1000.000000   0.000000     6.214752     6.214752   0.000000   1000.000000
A-7   1000.000000   0.000000     6.214751     6.214751   0.000000   1000.000000
A-8   1000.000000   0.000000     6.214751     6.214751   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.094937   0.955381     5.960537     6.915918   0.000000    958.139556
M-2    961.463842   0.957739     5.975258     6.932997   0.000000    960.506103
M-3    965.706822   0.961967     6.001625     6.963592   0.000000    964.744856
B-1    969.849608   0.966095     6.027371     6.993466   0.000000    968.883514
B-2    975.711793   0.000000    13.551258    13.551258   0.000000    975.711794
B-3    903.565682   0.000000     0.000000     0.000000   0.000000    901.693682

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:07                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S21 (POOL # 4113)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4113 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       39,640.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,607.19

SUBSERVICER ADVANCES THIS MONTH                                       34,447.67
MASTER SERVICER ADVANCES THIS MONTH                                    1,593.04


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,519,796.45

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     307,604.56


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,855,290.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     146,803,703.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          519

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 214,489.24

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,562,939.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.83456690 %     8.70972900 %    3.45570370 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.70504810 %     8.80245712 %    3.49249480 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0787 %

      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                          8.02575336
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.68

POOL TRADING FACTOR:                                                54.53319963


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


Run:        03/28/97     14:30:08                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944PH5    29,659,000.00     6,587,426.58     7.000000  %    542,151.95
A-2   760944PP7    20,000,000.00    13,528,163.41     7.000000  %    152,079.74
A-3   760944PQ5    20,000,000.00    14,194,609.50     7.000000  %    136,419.12
A-4   760944PR3    44,814,000.00    33,440,764.22     7.000000  %    267,256.24
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    12,280,920.06     7.000000  %     63,894.84
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     6.242000  %          0.00
A-13  760944PM4     9,750,000.00     1,837,004.63     8.768662  %          0.00
A-14  760944PN2             0.00             0.00     0.210091  %          0.00
R     760944QA9           100.00             0.00     7.000000  %          0.00
M-1   760944PX0     8,667,030.00     8,302,780.24     7.000000  %      9,263.17
M-2   760944PY8     4,333,550.00     4,165,031.50     7.000000  %      4,646.80
M-3   760944PZ5     2,600,140.00     2,499,028.51     7.000000  %      2,788.09
B-1                 2,773,475.00     2,671,184.96     7.000000  %      2,980.16
B-2                 1,560,100.00     1,505,771.69     7.000000  %      1,679.95
B-3                 1,733,428.45     1,613,296.16     7.000000  %      1,799.91

- -------------------------------------------------------------------------------
                  346,680,823.45   269,952,325.61                  1,184,959.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        38,349.21    580,501.16             0.00         0.00   6,045,274.63
A-2        78,755.24    230,834.98             0.00         0.00  13,376,083.67
A-3        82,635.00    219,054.12             0.00         0.00  14,058,190.38
A-4       194,677.96    461,934.20             0.00         0.00  33,173,507.98
A-5       152,816.38    152,816.38             0.00         0.00  26,250,000.00
A-6       174,257.25    174,257.25             0.00         0.00  29,933,000.00
A-7        71,494.31    135,389.15             0.00         0.00  12,217,025.22
A-8       218,309.11    218,309.11             0.00         0.00  37,500,000.00
A-9       250,659.61    250,659.61             0.00         0.00  43,057,000.00
A-10       15,718.26     15,718.26             0.00         0.00   2,700,000.00
A-11      137,389.21    137,389.21             0.00         0.00  23,600,000.00
A-12       22,251.19     22,251.19             0.00         0.00   4,286,344.15
A-13       13,396.34     13,396.34             0.00         0.00   1,837,004.63
A-14       47,166.89     47,166.89             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        48,335.26     57,598.43             0.00         0.00   8,293,517.07
M-2        24,247.05     28,893.85             0.00         0.00   4,160,384.70
M-3        14,548.29     17,336.38             0.00         0.00   2,496,240.42
B-1        15,550.51     18,530.67             0.00         0.00   2,668,204.80
B-2         8,765.97     10,445.92             0.00         0.00   1,504,091.74
B-3         9,391.93     11,191.84             0.00         0.00   1,611,496.25

- -------------------------------------------------------------------------------
        1,618,714.98  2,803,674.95             0.00         0.00 268,767,365.64
===============================================================================





































Run:        03/28/97     14:30:08
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S22 (POOL # 4114)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4114 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    222.105485  18.279509     1.293004    19.572513   0.000000    203.825976
A-2    676.408171   7.603987     3.937762    11.541749   0.000000    668.804184
A-3    709.730475   6.820956     4.131750    10.952706   0.000000    702.909519
A-4    746.212439   5.963677     4.344133    10.307810   0.000000    740.248761
A-5   1000.000000   0.000000     5.821576     5.821576   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821577     5.821577   0.000000   1000.000000
A-7    818.728004   4.259656     4.766287     9.025943   0.000000    814.468348
A-8   1000.000000   0.000000     5.821576     5.821576   0.000000   1000.000000
A-9   1000.000000   0.000000     5.821576     5.821576   0.000000   1000.000000
A-10  1000.000000   0.000000     5.821578     5.821578   0.000000   1000.000000
A-11  1000.000000   0.000000     5.821577     5.821577   0.000000   1000.000000
A-12   188.410732   0.000000     0.978074     0.978074   0.000000    188.410732
A-13   188.410731   0.000000     1.373984     1.373984   0.000000    188.410731
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    957.972943   1.068783     5.576912     6.645695   0.000000    956.904161
M-2    961.113060   1.072285     5.595193     6.667478   0.000000    960.040775
M-3    961.113059   1.072285     5.595195     6.667480   0.000000    960.040775
B-1    963.118456   1.074522     5.606869     6.681391   0.000000    962.043934
B-2    965.176393   1.076822     5.618851     6.695673   0.000000    964.099571
B-3    930.696713   1.038353     5.418118     6.456471   0.000000    929.658360

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:09                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S22 (POOL # 4114)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4114 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       69,871.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    29,324.16

SUBSERVICER ADVANCES THIS MONTH                                       18,614.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,616,031.04

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     247,142.15


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        766,824.53

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     268,767,365.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          937

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      883,782.12

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.31083010 %     5.54425300 %    2.14491680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.28554590 %     5.56248418 %    2.15196990 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2099 %

      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                          7.64607765
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.26

POOL TRADING FACTOR:                                                77.52588187


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


Run:        03/28/97     14:30:10                                    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-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     7,418,098.90     5.500000  %  1,216,613.84
A-3   760944MH8    12,946,000.00     5,853,239.55     6.325000  %    486,645.54
A-4   760944MJ4             0.00             0.00     2.675000  %          0.00
A-5   760944MV7    22,700,000.00    13,158,031.57     6.500000  %    420,284.78
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     6.505000  %          0.00
A-12  760944MP0     2,692,308.00     1,989,305.77     6.490675  %          0.00
A-13  760944MQ8    15,531,578.00    11,476,048.76     6.375000  %          0.00
A-14  760944MR6     7,168,422.00     5,296,638.91     6.770815  %          0.00
A-15  760944MS4     5,000,000.00     3,694,424.61     6.500000  %          0.00
A-16  760944MT2     2,307,692.00     1,705,118.82     6.499981  %          0.00
A-17  760944MU9             0.00             0.00     0.272516  %          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     2,288,165.62     6.500000  %     11,830.58
M-2   760944NA2     1,368,000.00     1,142,829.72     6.500000  %      5,908.81
M-3   760944NB0       912,000.00       761,886.47     6.500000  %      3,939.21
B-1                   729,800.00       609,676.25     6.500000  %      3,152.23
B-2                   547,100.00       457,048.35     6.500000  %      2,363.09
B-3                   547,219.77       457,148.37     6.500000  %      2,363.62

- -------------------------------------------------------------------------------
                  182,383,319.77   122,629,086.28                  2,153,101.70
===============================================================================
_______________________________________________________________________________
                                                                      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        33,740.96  1,250,354.80             0.00         0.00   6,201,485.06
A-3        30,616.74    517,262.28             0.00         0.00   5,366,594.01
A-4        12,948.59     12,948.59             0.00         0.00           0.00
A-5        70,730.45    491,015.23             0.00         0.00  12,737,746.79
A-6        53,700.83     53,700.83             0.00         0.00  11,100,000.00
A-7        87,566.22     87,566.22             0.00         0.00  16,290,000.00
A-8        68,467.21     68,467.21             0.00         0.00  12,737,000.00
A-9        39,240.85     39,240.85             0.00         0.00   7,300,000.00
A-10       81,706.96     81,706.96             0.00         0.00  15,200,000.00
A-11       19,874.50     19,874.50             0.00         0.00   3,694,424.61
A-12       10,678.09     10,678.09             0.00         0.00   1,989,305.77
A-13       60,502.70     60,502.70             0.00         0.00  11,476,048.76
A-14       29,658.11     29,658.11             0.00         0.00   5,296,638.91
A-15       19,859.23     19,859.23             0.00         0.00   3,694,424.61
A-16        9,165.77      9,165.77             0.00         0.00   1,705,118.82
A-17       27,636.79     27,636.79             0.00         0.00           0.00
R-I             0.16          0.16             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        12,299.94     24,130.52             0.00         0.00   2,276,335.04
M-2         6,143.24     12,052.05             0.00         0.00   1,136,920.91
M-3         4,095.49      8,034.70             0.00         0.00     757,947.26
B-1         3,277.29      6,429.52             0.00         0.00     606,524.02
B-2         2,456.85      4,819.94             0.00         0.00     454,685.26
B-3         2,457.35      4,820.97             0.00         0.00     454,784.75

- -------------------------------------------------------------------------------
          686,824.32  2,839,926.02             0.00         0.00 120,475,984.58
===============================================================================





























Run:        03/28/97     14:30:10
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    294.954231  48.374308     1.341589    49.715897   0.000000    246.579923
A-3    452.127263  37.590417     2.364958    39.955375   0.000000    414.536846
A-5    579.648968  18.514748     3.115879    21.630627   0.000000    561.134220
A-6   1000.000000   0.000000     4.837913     4.837913   0.000000   1000.000000
A-7   1000.000000   0.000000     5.375459     5.375459   0.000000   1000.000000
A-8   1000.000000   0.000000     5.375458     5.375458   0.000000   1000.000000
A-9   1000.000000   0.000000     5.375459     5.375459   0.000000   1000.000000
A-10  1000.000000   0.000000     5.375458     5.375458   0.000000   1000.000000
A-11   738.884922   0.000000     3.974900     3.974900   0.000000    738.884922
A-12   738.884916   0.000000     3.966147     3.966147   0.000000    738.884916
A-13   738.884919   0.000000     3.895464     3.895464   0.000000    738.884920
A-14   738.884919   0.000000     4.137328     4.137328   0.000000    738.884919
A-15   738.884922   0.000000     3.971846     3.971846   0.000000    738.884922
A-16   738.884921   0.000000     3.971834     3.971834   0.000000    738.884921
R-I      0.000000   0.000000     1.600000     1.600000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    835.401833   4.319306     4.490668     8.809974   0.000000    831.082527
M-2    835.401842   4.319306     4.490673     8.809979   0.000000    831.082537
M-3    835.401831   4.319309     4.490669     8.809978   0.000000    831.082522
B-1    835.401822   4.319307     4.490669     8.809976   0.000000    831.082516
B-2    835.401846   4.319302     4.490678     8.809980   0.000000    831.082544
B-3    835.401780   4.319270     4.490664     8.809934   0.000000    831.082455

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:11                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S23 (POOL # 4115)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4115 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,235.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,041.02

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                                                     120,475,984.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          460

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,519,068.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.33817390 %     3.41915800 %    1.24266850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.27939340 %     3.46226945 %    1.25833710 %

CLASS A-17 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2724 %

      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                          7.13638566
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              129.11

POOL TRADING FACTOR:                                                66.05647092


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


Run:        03/28/97     14:30:12                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    11,300,435.74     6.500000  %    248,693.38
A-5   760944QB7    30,000,000.00    12,797,731.95     7.050000  %     53,633.49
A-6   760944PG7    48,041,429.00    48,041,429.00     6.500000  %          0.00
A-7   760944QY7    55,044,571.00    26,040,337.03    10.000000  %    109,131.38
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     0.124352  %          0.00
R     760944QW1           100.00             0.00     7.500000  %          0.00
M-1   760944QT8     6,864,500.00     6,560,714.42     7.500000  %      6,691.90
M-2   760944QU5     3,432,150.00     3,304,423.85     7.500000  %      3,370.50
M-3   760944QV3     2,059,280.00     1,990,657.39     7.500000  %      2,030.46
B-1                 2,196,565.00     2,147,995.40     7.500000  %      2,190.95
B-2                 1,235,568.00     1,208,247.63     7.500000  %          0.00
B-3                 1,372,850.89       984,912.50     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  274,570,013.89   131,466,884.91                    425,742.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4        61,092.18    309,785.56             0.00         0.00  11,051,742.36
A-5        75,041.11    128,674.60             0.00         0.00  12,744,098.46
A-6       259,720.57    259,720.57             0.00         0.00  48,041,429.00
A-7       216,582.66    325,714.04             0.00         0.00  25,931,205.65
A-8        94,129.90     94,129.90             0.00         0.00  15,090,000.00
A-9        12,475.80     12,475.80             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       13,597.06     13,597.06             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        40,925.08     47,616.98             0.00         0.00   6,554,022.52
M-2        20,612.66     23,983.16             0.00         0.00   3,301,053.35
M-3        12,417.52     14,447.98             0.00         0.00   1,988,626.93
B-1        26,675.40     28,866.35             0.00         0.00   2,145,804.45
B-2         2,641.28      2,641.28             0.00         0.00   1,208,247.63
B-3             0.00          0.00             0.00         0.00     982,675.49

- -------------------------------------------------------------------------------
          835,911.22  1,261,653.28             0.00         0.00 131,038,905.84
===============================================================================









































Run:        03/28/97     14:30:12
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    422.604179   9.300426     2.284674    11.585100   0.000000    413.303753
A-5    426.591065   1.787783     2.501370     4.289153   0.000000    424.803282
A-6   1000.000000   0.000000     5.406179     5.406179   0.000000   1000.000000
A-7    473.077300   1.982600     3.934678     5.917278   0.000000    471.094700
A-8   1000.000000   0.000000     6.237899     6.237899   0.000000   1000.000000
A-9   1000.000000   0.000000     6.237900     6.237900   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    955.745418   0.974856     5.961844     6.936700   0.000000    954.770562
M-2    962.785382   0.982037     6.005757     6.987794   0.000000    961.803345
M-3    966.676406   0.986005     6.030030     7.016035   0.000000    965.690402
B-1    977.888385   0.997444    12.144143    13.141587   0.000000    976.890941
B-2    977.888412   0.000000     2.137705     2.137705   0.000000    977.888413
B-3    717.421322   0.000000     0.000000     0.000000   0.000000    715.791859

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:13                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S27 (POOL # 4116)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4116 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       38,449.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,169.11

SUBSERVICER ADVANCES THIS MONTH                                       25,972.43
MASTER SERVICER ADVANCES THIS MONTH                                    6,737.79


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   2,191,640.69

 (B)  TWO MONTHLY PAYMENTS:                                    2     270,937.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,121,199.82

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,038,905.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          466

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                 908,103.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      293,883.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.67982430 %     9.01808500 %    3.30209050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.65219360 %     9.03831021 %    3.30949620 %

CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1243 %

      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                          8.10493690
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              304.22

POOL TRADING FACTOR:                                                47.72513356


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


Run:        03/28/97     14:30:14                                    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-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    19,613,744.57     7.000000  %    446,305.08
A-2   760944RC4    15,690,000.00             0.00     7.000000  %          0.00
A-3   760944RD2    16,985,000.00     7,295,347.34     7.000000  %    444,839.74
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    76,937,818.93     7.000000  %    668,358.61
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     0.189385  %          0.00
R     760944RP5         1,000.00             0.00     7.000000  %          0.00
M-1   760944RL4     9,349,300.00     8,967,606.67     7.000000  %      9,880.25
M-2   760944RM2     4,674,600.00     4,512,124.02     7.000000  %      4,971.33
M-3   760944RN0     3,739,700.00     3,631,324.44     7.000000  %      4,000.89
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     1,517,700.28     7.000000  %          0.00

- -------------------------------------------------------------------------------
                  373,968,498.07   283,899,264.44                  1,578,355.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       114,051.14    560,356.22             0.00         0.00  19,167,439.49
A-2             0.00          0.00             0.00         0.00           0.00
A-3        42,421.41    487,261.15             0.00         0.00   6,850,507.60
A-4        71,255.27     71,255.27             0.00         0.00  12,254,000.00
A-5        42,599.65     42,599.65             0.00         0.00   7,326,000.00
A-6       427,665.36    427,665.36             0.00         0.00  73,547,000.00
A-7        49,717.04     49,717.04             0.00         0.00   8,550,000.00
A-8       447,382.49  1,115,741.10             0.00         0.00  76,269,460.32
A-9       192,215.95    192,215.95             0.00         0.00  33,056,000.00
A-10      133,968.52    133,968.52             0.00         0.00  23,039,000.00
A-11       44,663.31     44,663.31             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        52,145.36     62,025.61             0.00         0.00   8,957,726.42
M-2        26,237.36     31,208.69             0.00         0.00   4,507,152.69
M-3        21,115.64     25,116.53             0.00         0.00   3,627,323.55
B-1        35,754.10     35,754.10             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   1,512,004.90

- -------------------------------------------------------------------------------
        1,701,192.60  3,279,548.50             0.00         0.00 282,315,213.16
===============================================================================











































Run:        03/28/97     14:30:14
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    435.116458   9.900949     2.530140    12.431089   0.000000    425.215509
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    429.517064  26.190152     2.497581    28.687733   0.000000    403.326912
A-4   1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
A-5   1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
A-6   1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
A-7   1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
A-8    668.617528   5.808279     3.887916     9.696195   0.000000    662.809249
A-9   1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
A-10  1000.000000   0.000000     5.814858     5.814858   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.174127   1.056790     5.577461     6.634251   0.000000    958.117337
M-2    965.242806   1.063477     5.612750     6.676227   0.000000    964.179329
M-3    971.020253   1.069843     5.646346     6.716189   0.000000    969.950411
B-1    975.948763   0.000000    12.747469    12.747469   0.000000    975.948763
B-2    977.815080   0.000000     0.000000     0.000000   0.000000    977.815080
B-3    811.561866   0.000000     0.000000     0.000000   0.000000    808.516368

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:15                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S24 (POOL # 4117)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4117 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       64,019.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    30,344.55

SUBSERVICER ADVANCES THIS MONTH                                       18,125.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,211,181.98

 (B)  TWO MONTHLY PAYMENTS:                                    1     308,103.88

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,086,589.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     282,315,213.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          982

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,271,259.30

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.15202140 %     6.02715700 %    1.82082140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.11668210 %     6.05429742 %    1.82902050 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1900 %

      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                          7.58666862
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.31

POOL TRADING FACTOR:                                                75.49170976


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


Run:        03/28/97     14:30:16                                    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-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    54,509,859.17     6.500000  %    587,016.25
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     6.275000  %          0.00
A-5   760944RU4     8,250,000.00     5,094,651.59     7.085000  %          0.00
A-6   760944RV2     5,000,000.00     4,392,169.24     6.500000  %      2,496.31
A-7   760944RW0             0.00             0.00     0.297088  %          0.00
R     760944SA7           100.00             0.00     6.500000  %          0.00
M-1   760944RX8     2,337,700.00     1,968,605.31     6.500000  %     10,025.98
M-2   760944RY6       779,000.00       656,005.28     6.500000  %      3,340.99
M-3   760944RZ3       779,100.00       656,089.48     6.500000  %      3,341.42
B-1                   701,100.00       590,404.75     6.500000  %      3,006.89
B-2                   389,500.00       328,002.63     6.500000  %      1,670.50
B-3                   467,420.45       393,620.39     6.500000  %      2,004.70

- -------------------------------------------------------------------------------
                  155,801,920.45    98,248,502.05                    612,903.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       294,923.84    881,940.09             0.00         0.00  53,922,842.92
A-2        28,134.44     28,134.44             0.00         0.00   5,200,000.00
A-3        60,667.57     60,667.57             0.00         0.00  11,213,000.00
A-4        69,186.76     69,186.76             0.00         0.00  13,246,094.21
A-5        30,045.25     30,045.25             0.00         0.00   5,094,651.59
A-6        23,763.69     26,260.00             0.00         0.00   4,389,672.93
A-7        24,295.88     24,295.88             0.00         0.00           0.00
R               0.01          0.01             0.00         0.00           0.00
M-1        10,651.08     20,677.06             0.00         0.00   1,958,579.33
M-2         3,549.29      6,890.28             0.00         0.00     652,664.29
M-3         3,549.75      6,891.17             0.00         0.00     652,748.06
B-1         3,194.37      6,201.26             0.00         0.00     587,397.86
B-2         1,774.65      3,445.15             0.00         0.00     326,332.13
B-3         2,129.65      4,134.35             0.00         0.00     391,615.69

- -------------------------------------------------------------------------------
          555,866.23  1,168,769.27             0.00         0.00  97,635,599.01
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    549.300742   5.915415     2.971974     8.887389   0.000000    543.385327
A-2   1000.000000   0.000000     5.410469     5.410469   0.000000   1000.000000
A-3   1000.000000   0.000000     5.410467     5.410467   0.000000   1000.000000
A-4    617.533530   0.000000     3.225490     3.225490   0.000000    617.533530
A-5    617.533526   0.000000     3.641848     3.641848   0.000000    617.533526
A-6    878.433848   0.499262     4.752738     5.252000   0.000000    877.934586
R        0.000000   0.000000     0.100000     0.100000   0.000000      0.000000
M-1    842.112037   4.288822     4.556222     8.845044   0.000000    837.823215
M-2    842.112041   4.288819     4.556213     8.845032   0.000000    837.823222
M-3    842.112027   4.288820     4.556219     8.845039   0.000000    837.823206
B-1    842.112038   4.288818     4.556226     8.845044   0.000000    837.823221
B-2    842.112015   4.288832     4.556226     8.845058   0.000000    837.823184
B-3    842.112043   4.288815     4.556219     8.845034   0.000000    837.823185

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S25 (POOL # 4118)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4118 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,532.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,871.23

SUBSERVICER ADVANCES THIS MONTH                                        2,568.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     246,866.80

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      97,635,599.01

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          401

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      112,529.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.32539660 %     3.33918600 %    1.33541760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.32000890 %     3.34303442 %    1.33695670 %

CLASS A-7  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2971 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              540,104.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,942,992.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.19764460
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.89

POOL TRADING FACTOR:                                                62.66649264


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


Run:        03/28/97     14:30:18                                    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-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    16,522,904.64     7.050000  %    898,851.66
A-4   760944SE9    24,745,827.00    24,745,827.00     7.250000  %          0.00
A-5   760944SF6    47,058,123.00     6,810,881.83     6.125000  %    202,241.62
A-6   760944SG4             0.00             0.00     3.375000  %          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     0.080439  %          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     9,925,348.64     7.500000  %     10,496.70
M-2   760944SP4     5,640,445.00     5,435,079.70     7.500000  %      5,747.95
M-3   760944SQ2     3,760,297.00     3,651,376.07     7.500000  %      3,861.57
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     1,218,545.97     7.500000  %          0.00

- -------------------------------------------------------------------------------
                  376,029,704.99   216,848,219.58                  1,121,199.50
===============================================================================
_______________________________________________________________________________
                                                                      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        96,897.46    995,749.12             0.00         0.00  15,624,052.98
A-4       149,237.14    149,237.14             0.00         0.00  24,745,827.00
A-5        34,701.35    236,942.97             0.00         0.00   6,608,640.21
A-6        19,121.16     19,121.16             0.00         0.00           0.00
A-7       341,026.93    341,026.93             0.00         0.00  54,662,626.00
A-8       226,015.93    226,015.93             0.00         0.00  36,227,709.00
A-9       214,282.02    214,282.02             0.00         0.00  34,346,901.00
A-10      122,437.46    122,437.46             0.00         0.00  19,625,291.00
A-11       14,509.78     14,509.78             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        61,921.86     72,418.56             0.00         0.00   9,914,851.94
M-2        33,908.15     39,656.10             0.00         0.00   5,429,331.75
M-3        53,646.17     57,507.74             0.00         0.00   3,647,514.50
B-1         4,844.09      4,844.09             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   1,213,369.96

- -------------------------------------------------------------------------------
        1,372,549.50  2,493,749.00             0.00         0.00 215,721,844.07
===============================================================================









































Run:        03/28/97     14:30:18
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    333.572647  18.146466     1.956214    20.102680   0.000000    315.426181
A-4   1000.000000   0.000000     6.030800     6.030800   0.000000   1000.000000
A-5    144.733393   4.297698     0.737415     5.035113   0.000000    140.435695
A-7   1000.000000   0.000000     6.238759     6.238759   0.000000   1000.000000
A-8   1000.000000   0.000000     6.238759     6.238759   0.000000   1000.000000
A-9   1000.000000   0.000000     6.238758     6.238758   0.000000   1000.000000
A-10  1000.000000   0.000000     6.238759     6.238759   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    959.822575   1.015075     5.988102     7.003177   0.000000    958.807500
M-2    963.590585   1.019060     6.011609     7.030669   0.000000    962.571526
M-3    971.033956   1.026932    14.266472    15.293404   0.000000    970.007023
B-1    976.417009   0.000000     1.717627     1.717627   0.000000    976.417009
B-2    980.790874   0.000000     0.000000     0.000000   0.000000    980.790874
B-3    648.110698   0.000000     0.000000     0.000000   0.000000    645.357722

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:19                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S26 (POOL # 4119)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4119 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,155.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,906.98

SUBSERVICER ADVANCES THIS MONTH                                       35,270.33
MASTER SERVICER ADVANCES THIS MONTH                                    4,681.27


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,831,935.97

 (B)  TWO MONTHLY PAYMENTS:                                    2     465,971.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     542,959.23


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,007,759.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     215,721,844.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          739

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                 651,323.09

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      897,044.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.97566270 %     8.76733200 %    2.25700480 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.92981980 %     8.80379003 %    2.26639020 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.0798 %

      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                          7.99492213
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              303.40

POOL TRADING FACTOR:                                                57.36829862


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


Run:        03/28/97     14:33:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-MZ3 (POOL # 8020)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8020 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944UW6    40,617,070.70    36,941,103.39     6.970000  %     92,429.83
A-2   760944UX4    30,021,313.12    30,021,313.12     6.970000  %          0.00
S     760944UV8             0.00             0.00     0.500000  %          0.00
R     760944UY2           100.00             0.00     6.970000  %          0.00

- -------------------------------------------------------------------------------
                   70,638,483.82    66,962,416.51                     92,429.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       196,269.30    288,699.13             0.00         0.00  36,848,673.56
A-2       159,504.22    159,504.22             0.00         0.00  30,021,313.12
S          12,237.89     12,237.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          368,011.41    460,441.24             0.00         0.00  66,869,986.68
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    909.496986   2.275640     4.832187     7.107827   0.000000    907.221346
A-2   1000.000000   0.000000     5.313033     5.313033   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-March-97    
DISTRIBUTION DATE        28-March-97    

Run:     03/28/97     14:33:41                                        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                     1,674.06

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      66,869,986.68

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               4,412,774.38

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:                                                94.66509339


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


Run:        03/28/97     14:30:20                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    13,321,820.81     9.860000  %    209,530.28
A-2   760944SZ2    24,926,000.00             0.00     6.350000  %          0.00
A-3   760944TA6    25,850,000.00    11,690,011.43     6.350000  %    921,933.24
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     6.342000  %          0.00
A-9   760944TH1     1,757,369.00     1,757,369.00     8.842390  %          0.00
A-10  760944TC2             0.00             0.00     0.104908  %          0.00
R     760944TM0           100.00             0.00     7.000000  %          0.00
M-1   760944TJ7     5,350,000.00     5,152,901.66     7.000000  %      5,595.69
M-2   760944TK4     3,210,000.00     3,091,741.00     7.000000  %      3,357.41
M-3   760944TL2     2,141,000.00     2,062,123.81     7.000000  %      2,239.32
B-1                 1,070,000.00     1,030,580.33     7.000000  %      1,119.14
B-2                   642,000.00       618,348.19     7.000000  %        671.48
B-3                   963,170.23       863,863.48     7.000000  %        938.09

- -------------------------------------------------------------------------------
                  214,013,270.23   165,487,390.71                  1,145,384.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       109,239.54    318,769.82             0.00         0.00  13,112,290.53
A-2             0.00          0.00             0.00         0.00           0.00
A-3        61,734.51    983,667.75             0.00         0.00  10,768,078.19
A-4       247,814.45    247,814.45             0.00         0.00  46,926,000.00
A-5       227,039.81    227,039.81             0.00         0.00  39,000,000.00
A-6        24,962.73     24,962.73             0.00         0.00   4,288,000.00
A-7       179,093.66    179,093.66             0.00         0.00  30,764,000.00
A-8        25,952.93     25,952.93             0.00         0.00   4,920,631.00
A-9        12,923.26     12,923.26             0.00         0.00   1,757,369.00
A-10       14,438.19     14,438.19             0.00         0.00           0.00
R               0.02          0.02             0.00         0.00           0.00
M-1        29,997.79     35,593.48             0.00         0.00   5,147,305.97
M-2        17,998.68     21,356.09             0.00         0.00   3,088,383.59
M-3        12,004.73     14,244.05             0.00         0.00   2,059,884.49
B-1         5,999.56      7,118.70             0.00         0.00   1,029,461.19
B-2         3,599.73      4,271.21             0.00         0.00     617,676.71
B-3         5,028.99      5,967.08             0.00         0.00     862,925.39

- -------------------------------------------------------------------------------
          977,828.58  2,123,213.23             0.00         0.00 164,342,006.06
===============================================================================













































Run:        03/28/97     14:30:20
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    599.946895   9.436176     4.919592    14.355768   0.000000    590.510720
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3    452.224814  35.664729     2.388182    38.052911   0.000000    416.560085
A-4   1000.000000   0.000000     5.280963     5.280963   0.000000   1000.000000
A-5   1000.000000   0.000000     5.821534     5.821534   0.000000   1000.000000
A-6   1000.000000   0.000000     5.821532     5.821532   0.000000   1000.000000
A-7   1000.000000   0.000000     5.821534     5.821534   0.000000   1000.000000
A-8   1000.000000   0.000000     5.274309     5.274309   0.000000   1000.000000
A-9   1000.000000   0.000000     7.353754     7.353754   0.000000   1000.000000
R        0.000000   0.000000     0.200000     0.200000   0.000000      0.000000
M-1    963.159189   1.045923     5.607064     6.652987   0.000000    962.113265
M-2    963.159190   1.045922     5.607065     6.652987   0.000000    962.113268
M-3    963.159183   1.045922     5.607067     6.652989   0.000000    962.113260
B-1    963.159187   1.045925     5.607065     6.652990   0.000000    962.113262
B-2    963.159174   1.045919     5.607056     6.652975   0.000000    962.113256
B-3    896.895952   0.973940     5.221310     6.195250   0.000000    895.921991

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:21                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S28 (POOL # 4120)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4120 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       48,697.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,669.71

SUBSERVICER ADVANCES THIS MONTH                                       10,978.80
MASTER SERVICER ADVANCES THIS MONTH                                    2,069.28


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     834,687.79

 (B)  TWO MONTHLY PAYMENTS:                                    1     232,077.77

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        509,989.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     164,342,006.06

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                 290,008.29

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      965,677.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.25345300 %     6.22812800 %    1.51841900 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.20793410 %     6.26472458 %    1.52734130 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1046 %

      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                          7.58436280
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.15

POOL TRADING FACTOR:                                                76.79056812


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


Run:        03/28/97     14:30:22                                    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-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    28,258,896.78     6.038793  %    737,120.68
A-2   760944UF3    47,547,000.00    30,453,325.16     6.025000  %    354,262.79
A-3   760944UG1             0.00             0.00     2.975000  %          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    22,409,970.25     7.000000  %    207,580.09
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     0.119867  %          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     3,300,681.48     7.000000  %     16,768.05
M-2   760944UR7     1,948,393.00     1,650,338.15     7.000000  %      8,384.01
M-3   760944US5     1,298,929.00     1,100,225.74     7.000000  %      5,589.34
B-1                   909,250.00       770,157.75     7.000000  %      3,912.54
B-2                   389,679.00       330,067.97     7.000000  %      1,676.80
B-3                   649,465.07       550,113.42     7.000000  %      2,794.68

- -------------------------------------------------------------------------------
                  259,785,708.07   134,571,776.70                  1,338,088.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       141,798.11    878,918.79             0.00         0.00  27,521,776.10
A-2       152,460.34    506,723.13             0.00         0.00  30,099,062.37
A-3        75,281.25     75,281.25             0.00         0.00           0.00
A-4       105,495.87    105,495.87             0.00         0.00  22,048,000.00
A-5        44,101.68     44,101.68             0.00         0.00   8,492,000.00
A-6        88,457.62     88,457.62             0.00         0.00  15,208,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8       130,348.02    337,928.11             0.00         0.00  22,202,390.16
A-9             0.00          0.00             0.00         0.00           0.00
A-10            0.00          0.00             0.00         0.00           0.00
A-11       13,403.50     13,403.50             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        19,198.48     35,966.53             0.00         0.00   3,283,913.43
M-2         9,599.22     17,983.23             0.00         0.00   1,641,954.14
M-3         6,399.48     11,988.82             0.00         0.00   1,094,636.40
B-1         4,479.64      8,392.18             0.00         0.00     766,245.21
B-2         1,919.85      3,596.65             0.00         0.00     328,391.17
B-3         3,199.73      5,994.41             0.00         0.00     547,318.74

- -------------------------------------------------------------------------------
          796,142.79  2,134,231.77             0.00         0.00 133,233,687.72
===============================================================================









































Run:        03/28/97     14:30:22
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    442.748986  11.548909     2.221636    13.770545   0.000000    431.200077
A-2    640.488888   7.450792     3.206519    10.657311   0.000000    633.038096
A-4   1000.000000   0.000000     4.784827     4.784827   0.000000   1000.000000
A-5   1000.000000   0.000000     5.193321     5.193321   0.000000   1000.000000
A-6   1000.000000   0.000000     5.816519     5.816519   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    345.161726   3.197180     2.007640     5.204820   0.000000    341.964547
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    847.025317   4.303040     4.926740     9.229780   0.000000    842.722278
M-2    847.025292   4.303038     4.926737     9.229775   0.000000    842.722254
M-3    847.025311   4.303037     4.926736     9.229773   0.000000    842.722274
B-1    847.025296   4.303041     4.926742     9.229783   0.000000    842.722255
B-2    847.025295   4.303029     4.926747     9.229776   0.000000    842.722266
B-3    847.025414   4.303034     4.926731     9.229765   0.000000    842.722365

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:23                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S29 (POOL # 4121)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4121 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       31,398.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,211.21

SUBSERVICER ADVANCES THIS MONTH                                       12,480.49
MASTER SERVICER ADVANCES THIS MONTH                                    2,836.26


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5     907,368.38

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        228,812.95

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     133,233,687.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          571

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 266,990.88

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      654,440.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.27696900 %     4.49666800 %    1.22636350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.24885760 %     4.51875503 %    1.23238740 %

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                          7.52661775
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              130.24

POOL TRADING FACTOR:                                                51.28599595


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


Run:        03/28/97     14:30:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S30 (POOL # 4122)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4122 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944TP3    69,208,000.00             0.00     7.500000  %          0.00
A-2   760944TT5    51,250,000.00    15,482,092.06     7.500000  %    163,042.85
A-3   760944SW9    49,628,000.00    45,539,667.16     6.200000  %    479,581.00
A-4   760944SX7    41,944,779.00    39,176,943.69     6.025000  %    324,680.32
A-5   760944SY5       446,221.00       416,775.95   326.650000  %      3,454.05
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    14,223,235.25     7.500000  %    108,015.69
A-11  760944TR9     3,400,000.00     3,400,000.00     7.500000  %          0.00
A-12  760944TS7             0.00             0.00     0.034984  %          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     8,522,749.12     7.500000  %      8,915.94
M-2   760944TY4     4,823,973.00     4,648,771.46     7.500000  %      4,863.24
M-3   760944TZ1     3,215,982.00     3,099,180.98     7.500000  %      3,242.16
B-1                 1,929,589.00     1,859,508.39     7.500000  %      1,945.30
B-2                   803,995.00       774,794.74     7.500000  %        810.54
B-3                 1,286,394.99       999,183.91     7.500000  %      1,045.28

- -------------------------------------------------------------------------------
                  321,598,232.99   195,910,902.71                  1,099,596.37
===============================================================================
_______________________________________________________________________________
                                                                      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        96,581.33    259,624.18             0.00         0.00  15,319,049.21
A-3       234,846.34    714,427.34             0.00         0.00  45,060,086.16
A-4       196,331.44    521,011.76             0.00         0.00  38,852,263.37
A-5       113,236.80    116,690.85             0.00         0.00     413,321.90
A-6       186,624.63    186,624.63             0.00         0.00  32,053,000.00
A-7        69,631.47     69,631.47             0.00         0.00  11,162,000.00
A-8        84,403.67     84,403.67             0.00         0.00  13,530,000.00
A-9         6,381.74      6,381.74             0.00         0.00   1,023,000.00
A-10       88,728.25    196,743.94             0.00         0.00  14,115,219.56
A-11       21,210.09     21,210.09             0.00         0.00   3,400,000.00
A-12        5,700.68      5,700.68             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        53,167.13     62,083.07             0.00         0.00   8,513,833.18
M-2        29,000.25     33,863.49             0.00         0.00   4,643,908.22
M-3        19,333.50     22,575.66             0.00         0.00   3,095,938.82
B-1        11,600.10     13,545.40             0.00         0.00   1,857,563.09
B-2         4,833.37      5,643.91             0.00         0.00     773,984.20
B-3         6,233.16      7,278.44             0.00         0.00     998,138.63

- -------------------------------------------------------------------------------
        1,227,843.95  2,327,440.32             0.00         0.00 194,811,306.34
===============================================================================







































Run:        03/28/97     14:30:24
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    302.089601   3.181324     1.884514     5.065838   0.000000    298.908277
A-3    917.620439   9.663517     4.732134    14.395651   0.000000    907.956923
A-4    934.012400   7.740661     4.680712    12.421373   0.000000    926.271739
A-5    934.012406   7.740671   253.768424   261.509095   0.000000    926.271735
A-6   1000.000000   0.000000     5.822376     5.822376   0.000000   1000.000000
A-7   1000.000000   0.000000     6.238261     6.238261   0.000000   1000.000000
A-8   1000.000000   0.000000     6.238261     6.238261   0.000000   1000.000000
A-9   1000.000000   0.000000     6.238260     6.238260   0.000000   1000.000000
A-10   533.304659   4.050082     3.326894     7.376976   0.000000    529.254577
A-11  1000.000000   0.000000     6.238262     6.238262   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    963.681069   1.008140     6.011694     7.019834   0.000000    962.672930
M-2    963.681070   1.008140     6.011694     7.019834   0.000000    962.672930
M-3    963.681072   1.008140     6.011694     7.019834   0.000000    962.672932
B-1    963.681069   1.008142     6.011695     7.019837   0.000000    962.672927
B-2    963.681043   1.008141     6.011692     7.019833   0.000000    962.672902
B-3    776.731811   0.812558     4.845456     5.658014   0.000000    775.919245

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S30 (POOL # 4122)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4122 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       45,508.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,467.59

SUBSERVICER ADVANCES THIS MONTH                                       28,063.06
MASTER SERVICER ADVANCES THIS MONTH                                   11,541.75


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     953,010.13

 (B)  TWO MONTHLY PAYMENTS:                                    2     662,112.57

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     276,885.26


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,996,394.71

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,811,306.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          691

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       5

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,585,279.82

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      894,647.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.84018330 %     8.30515400 %    1.85466300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.79352560 %     8.34329410 %    1.86318030 %

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                          7.94089442
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              305.37

POOL TRADING FACTOR:                                                60.57598779


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


Run:        03/28/97     14:30:26                                    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-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    50,044,377.81     7.747454  %    463,241.88
M     760944SU3     3,678,041.61     3,449,244.74     7.747454  %     16,244.15
R     760944SV1           100.00             0.00     7.747454  %          0.00
B-1                 4,494,871.91     4,080,612.25     7.747454  %     19,217.57
B-2                 1,225,874.16             0.00     7.747454  %          0.00

- -------------------------------------------------------------------------------
                  163,449,887.68    57,574,234.80                    498,703.60
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         322,408.92    785,650.80             0.00         0.00  49,581,135.93
M          22,221.62     38,465.77             0.00         0.00   3,433,000.59
R               0.00          0.00             0.00         0.00           0.00
B-1        26,289.19     45,506.76             0.00         0.00   4,056,279.50
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          370,919.73    869,623.33             0.00         0.00  57,070,416.02
===============================================================================











Run:        03/28/97     14:30:26
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      324.855910   3.007068     2.092871     5.099939   0.000000    321.848842
M      937.793833   4.416522     6.041699    10.458221   0.000000    933.377312
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    907.837271   4.275443     5.848707    10.124150   0.000000    902.423825
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:26                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S33 (POOL # 4123)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4123 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,925.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,818.21

SUBSERVICER ADVANCES THIS MONTH                                       50,151.19
MASTER SERVICER ADVANCES THIS MONTH                                   11,909.42


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,142,388.90

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,406,411.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,266,646.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,070,416.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          198

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               1,626,544.63

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      193,562.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.92148140 %     5.99095200 %    7.08756660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.87712370 %     6.01537684 %    7.10749940 %

      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                          8.20931719
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.38

POOL TRADING FACTOR:                                                34.91615493


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


Run:        03/28/97     14:30:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     1,954,251.05     7.000000  %  1,732,679.36
A-2   760944VV7    41,000,000.00    26,343,771.76     7.000000  %    278,196.53
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     1,258,387.85     0.000000  %      1,864.64
A-9   760944WC8             0.00             0.00     0.251629  %          0.00
R     760944WG9           100.00             0.00     7.000000  %          0.00
M-1   760944WD6     9,616,700.00     9,245,891.23     7.000000  %     10,032.29
M-2   760944WE4     7,479,800.00     7,191,387.61     7.000000  %      7,803.04
M-3   760944WF1     4,274,200.00     4,109,391.84     7.000000  %      4,458.91
B-1                 2,564,500.00     2,465,615.89     7.000000  %      2,675.33
B-2                   854,800.00       821,839.92     7.000000  %        891.74
B-3                 1,923,420.54       996,917.44     7.000000  %      1,081.70

- -------------------------------------------------------------------------------
                  427,416,329.03   319,343,454.59                  2,039,683.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        11,362.54  1,744,041.90             0.00         0.00     221,571.69
A-2       153,169.73    431,366.26             0.00         0.00  26,065,575.23
A-3       843,446.67    843,446.67             0.00         0.00 145,065,000.00
A-4       210,040.40    210,040.40             0.00         0.00  36,125,000.00
A-5       280,555.83    280,555.83             0.00         0.00  48,253,000.00
A-6       160,933.10    160,933.10             0.00         0.00  27,679,000.00
A-7        45,548.97     45,548.97             0.00         0.00   7,834,000.00
A-8             0.00      1,864.64             0.00         0.00   1,256,523.21
A-9        66,744.47     66,744.47             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        53,758.09     63,790.38             0.00         0.00   9,235,858.94
M-2        41,812.65     49,615.69             0.00         0.00   7,183,584.57
M-3        23,893.10     28,352.01             0.00         0.00   4,104,932.93
B-1        14,335.75     17,011.08             0.00         0.00   2,462,940.56
B-2         4,778.40      5,670.14             0.00         0.00     820,948.18
B-3         5,796.32      6,878.02             0.00         0.00     995,835.74

- -------------------------------------------------------------------------------
        1,916,176.02  3,955,859.56             0.00         0.00 317,303,771.05
===============================================================================

















































Run:        03/28/97     14:30:27
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     20.960038  18.583603     0.121867    18.705470   0.000000      2.376435
A-2    642.531019   6.785281     3.735847    10.521128   0.000000    635.745737
A-3   1000.000000   0.000000     5.814267     5.814267   0.000000   1000.000000
A-4   1000.000000   0.000000     5.814267     5.814267   0.000000   1000.000000
A-5   1000.000000   0.000000     5.814267     5.814267   0.000000   1000.000000
A-6   1000.000000   0.000000     5.814267     5.814267   0.000000   1000.000000
A-7   1000.000000   0.000000     5.814267     5.814267   0.000000   1000.000000
A-8    833.475145   1.235018     0.000000     1.235018   0.000000    832.240127
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.441163   1.043215     5.590077     6.633292   0.000000    960.397947
M-2    961.441163   1.043215     5.590076     6.633291   0.000000    960.397948
M-3    961.441168   1.043215     5.590075     6.633290   0.000000    960.397953
B-1    961.441174   1.043217     5.590076     6.633293   0.000000    960.397957
B-2    961.441179   1.043215     5.590080     6.633295   0.000000    960.397964
B-3    518.304458   0.562373     3.013558     3.575931   0.000000    517.742074

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S31 (POOL # 4125)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4125 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       76,057.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    33,875.23

SUBSERVICER ADVANCES THIS MONTH                                       38,066.74
MASTER SERVICER ADVANCES THIS MONTH                                    1,678.69


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,219,641.65

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,608,194.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,634,500.12

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     317,303,771.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,103

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 242,982.39

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,693,178.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.22434540 %     6.43403500 %    1.34161930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.18285340 %     6.46836827 %    1.34877830 %

      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                          7.63652072
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.08

POOL TRADING FACTOR:                                                74.23763425


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


Run:        03/28/97     14:30:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    26,380,653.83     6.500000  %  1,761,266.10
A-2   760944VC9    37,300,000.00    37,300,000.00     6.500000  %          0.00
A-3   760944VD7    17,482,000.00    17,482,000.00     6.500000  %          0.00
A-4   760944VE5     5,120,000.00     5,120,000.00     6.500000  %          0.00
A-5   760944VF2    37,500,000.00    25,390,619.97     6.500000  %     19,253.22
A-6   760944VG0    64,049,000.00    54,200,037.60     6.500000  %     15,659.29
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     0.251835  %          0.00
R     760944VM7           100.00             0.00     6.500000  %          0.00
M     760944VL9    10,156,500.00     8,606,107.85     6.500000  %     43,370.39
B                     781,392.32       603,426.40     6.500000  %      3,040.96

- -------------------------------------------------------------------------------
                  312,503,992.32   209,146,845.65                  1,842,589.96
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       142,438.01  1,903,704.11             0.00         0.00  24,619,387.73
A-2       201,395.23    201,395.23             0.00         0.00  37,300,000.00
A-3        94,391.19     94,391.19             0.00         0.00  17,482,000.00
A-4        27,644.60     27,644.60             0.00         0.00   5,120,000.00
A-5       137,092.48    156,345.70             0.00         0.00  25,371,366.75
A-6       292,644.21    308,303.50             0.00         0.00  54,184,378.31
A-7       183,922.97    183,922.97             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       43,751.63     43,751.63             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M          46,467.27     89,837.66             0.00         0.00   8,562,737.46
B           3,258.09      6,299.05             0.00         0.00     600,385.44

- -------------------------------------------------------------------------------
        1,173,005.68  3,015,595.64             0.00         0.00 207,304,255.69
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    298.167343  19.906710     1.609906    21.516616   0.000000    278.260633
A-2   1000.000000   0.000000     5.399336     5.399336   0.000000   1000.000000
A-3   1000.000000   0.000000     5.399336     5.399336   0.000000   1000.000000
A-4   1000.000000   0.000000     5.399336     5.399336   0.000000   1000.000000
A-5    677.083199   0.513419     3.655799     4.169218   0.000000    676.569780
A-6    846.227694   0.244489     4.569068     4.813557   0.000000    845.983205
A-7   1000.000000   0.000000     5.399336     5.399336   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      847.349761   4.270210     4.575126     8.845336   0.000000    843.079551
B      772.245112   3.891707     4.169608     8.061315   0.000000    768.353405

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:30                                        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                       47,903.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,896.73

SUBSERVICER ADVANCES THIS MONTH                                       18,807.54
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     734,003.33

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     770,356.97


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        568,718.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     207,304,255.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          838

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      788,596.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.59661820 %     4.11486400 %    0.28851810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.57986740 %     4.13051697 %    0.28961560 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2516 %

      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                          7.15243877
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              132.33

POOL TRADING FACTOR:                                                66.33651434


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


Run:        03/28/97     14:30:31                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    32,230,768.76     5.400000  %    257,343.86
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     5.992000  %          0.00
A-9   760944WY0     8,653,500.00     7,320,688.44     9.352002  %          0.00
A-10  760944WU8     8,704,536.00     8,704,536.00     6.625000  %          0.00
A-11  760944WV6     3,108,764.00     3,108,764.00     8.050000  %          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     0.150751  %          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     5,145,423.46     7.000000  %      5,648.12
M-2   760944WQ7     3,209,348.00     3,087,238.11     7.000000  %      3,388.85
M-3   760944WR5     2,139,566.00     2,058,159.37     7.000000  %      2,259.24
B-1                 1,390,718.00     1,337,803.69     7.000000  %      1,468.50
B-2                   320,935.00       308,724.02     7.000000  %        338.89
B-3                   962,805.06       666,077.71     7.000000  %        731.15

- -------------------------------------------------------------------------------
                  213,956,513.06   173,248,070.36                    271,178.61
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       144,970.34    402,314.20             0.00         0.00  31,973,424.90
A-2        97,623.25     97,623.25             0.00         0.00  18,171,000.00
A-3        25,124.02     25,124.02             0.00         0.00   4,309,000.00
A-4       195,306.96    195,306.96             0.00         0.00  33,496,926.28
A-5         2,613.39      2,613.39             0.00         0.00     448,220.39
A-6       134,086.24    134,086.24             0.00         0.00  26,829,850.30
A-7        74,492.35     74,492.35             0.00         0.00   8,943,283.44
A-8        85,254.09     85,254.09             0.00         0.00  17,081,606.39
A-9        57,025.78     57,025.78             0.00         0.00   7,320,688.44
A-10       48,033.72     48,033.72             0.00         0.00   8,704,536.00
A-11       20,844.83     20,844.83             0.00         0.00   3,108,764.00
A-12            0.00          0.00             0.00         0.00           0.00
A-13       51,278.63     51,278.63             0.00         0.00           0.00
A-14       21,754.22     21,754.22             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        30,000.87     35,648.99             0.00         0.00   5,139,775.34
M-2        18,000.43     21,389.28             0.00         0.00   3,083,849.26
M-3        12,000.29     14,259.53             0.00         0.00   2,055,900.13
B-1         7,800.18      9,268.68             0.00         0.00   1,336,335.19
B-2         1,800.04      2,138.93             0.00         0.00     308,385.13
B-3         3,883.64      4,614.79             0.00         0.00     665,346.56

- -------------------------------------------------------------------------------
        1,031,893.27  1,303,071.88             0.00         0.00 172,976,891.75
===============================================================================



































Run:        03/28/97     14:30:31
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    544.889668   4.350626     2.450852     6.801478   0.000000    540.539043
A-2   1000.000000   0.000000     5.372475     5.372475   0.000000   1000.000000
A-3   1000.000000   0.000000     5.830592     5.830592   0.000000   1000.000000
A-4    963.172558   0.000000     5.615868     5.615868   0.000000    963.172558
A-5    912.872485   0.000000     5.322587     5.322587   0.000000    912.872485
A-6    918.909163   0.000000     4.592388     4.592388   0.000000    918.909164
A-7    918.909164   0.000000     7.653979     7.653979   0.000000    918.909164
A-8    845.980060   0.000000     4.222276     4.222276   0.000000    845.980060
A-9    845.980059   0.000000     6.589909     6.589909   0.000000    845.980059
A-10  1000.000000   0.000000     5.518240     5.518240   0.000000   1000.000000
A-11  1000.000000   0.000000     6.705183     6.705183   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    961.951807   1.055932     5.608749     6.664681   0.000000    960.895875
M-2    961.951808   1.055931     5.608750     6.664681   0.000000    960.895877
M-3    961.951802   1.055934     5.608750     6.664684   0.000000    960.895869
B-1    961.951805   1.055929     5.608743     6.664672   0.000000    960.895875
B-2    961.951859   1.055946     5.608737     6.664683   0.000000    960.895914
B-3    691.809524   0.759396     4.033651     4.793047   0.000000    691.050128

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:32                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S34 (POOL # 4127)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4127 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       37,406.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    18,531.58

SUBSERVICER ADVANCES THIS MONTH                                       17,055.92
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,274,824.16

 (B)  TWO MONTHLY PAYMENTS:                                    1     425,787.90

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     227,765.37


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        467,502.12

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     172,976,891.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          590

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       81,004.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.72521400 %     5.93993400 %    1.33485210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.72180720 %     5.94271560 %    1.33547720 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1507 %

      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                          7.53495469
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.04

POOL TRADING FACTOR:                                                80.84675212


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


Run:        03/28/97     14:30:33                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    45,763,493.97     8.112380  %    355,663.58
M     760944VP0     3,025,700.00     2,811,119.77     8.112380  %      2,363.18
R     760944VQ8           100.00             0.00     8.112380  %          0.00
B-1                 3,429,100.00     2,533,390.41     8.112380  %      2,129.70
B-2                   941,300.03             0.00     8.112380  %          0.00

- -------------------------------------------------------------------------------
                  134,473,200.03    51,108,004.15                    360,156.46
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         308,796.21    664,459.79             0.00         0.00  45,407,830.39
M          18,968.46     21,331.64             0.00         0.00   2,808,756.59
R               0.00          0.00             0.00         0.00           0.00
B-1        17,094.44     19,224.14             0.00         0.00   2,531,260.71
B-2             0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          344,859.11    705,015.57             0.00         0.00  50,747,847.69
===============================================================================











Run:        03/28/97     14:30:33
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      360.124129   2.798804     2.429993     5.228797   0.000000    357.325326
M      929.080798   0.781036     6.269115     7.050151   0.000000    928.299762
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    738.791639   0.621067     4.985110     5.606177   0.000000    738.170572
B-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:33                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S38 (POOL # 4128)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4128 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,517.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,257.88

SUBSERVICER ADVANCES THIS MONTH                                       36,604.78
MASTER SERVICER ADVANCES THIS MONTH                                    6,789.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   2,062,197.19

 (B)  TWO MONTHLY PAYMENTS:                                    4     933,005.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,963,245.83

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      50,747,847.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          170

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                 928,716.57

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      317,192.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.54271400 %     5.50035100 %    4.95693470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.47735220 %     5.53473047 %    4.98791740 %

      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                          8.56565654
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.27

POOL TRADING FACTOR:                                                37.73826136


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


Run:        03/28/97     14:30:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    13,893,593.96     6.847405  %    486,065.67
A-2   760944XA1    25,550,000.00    25,550,000.00     6.847405  %          0.00
A-3   760944XB9    15,000,000.00    12,315,772.56     6.847405  %     98,778.83
A-4                32,700,000.00    32,700,000.00     6.847405  %          0.00
A-5   760944XC7             0.00             0.00     0.050800  %          0.00
R     760944XD5           100.00             0.00     6.847405  %          0.00
B-1                 2,684,092.00     2,576,230.27     6.847405  %      2,836.87
B-2                 1,609,940.00     1,545,243.68     6.847405  %      1,701.58
B-3                 1,341,617.00     1,287,703.37     6.847405  %      1,417.98
B-4                   536,646.00       515,080.61     6.847405  %        567.19
B-5                   375,652.00       360,556.23     6.847405  %        397.03
B-6                   429,317.20       412,064.82     6.847405  %        453.77

- -------------------------------------------------------------------------------
                  107,329,364.20    91,156,245.50                    592,218.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        79,113.40    565,179.07             0.00         0.00  13,407,528.29
A-2       145,487.73    145,487.73             0.00         0.00  25,550,000.00
A-3        70,128.91    168,907.74             0.00         0.00  12,216,993.73
A-4       186,201.52    186,201.52             0.00         0.00  32,700,000.00
A-5         3,850.88      3,850.88             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
B-1        14,669.66     17,506.53             0.00         0.00   2,573,393.40
B-2         8,798.98     10,500.56             0.00         0.00   1,543,542.10
B-3         7,332.49      8,750.47             0.00         0.00   1,286,285.39
B-4         2,932.99      3,500.18             0.00         0.00     514,513.42
B-5         2,053.10      2,450.13             0.00         0.00     360,159.20
B-6         2,346.41      2,800.18             0.00         0.00     411,611.05

- -------------------------------------------------------------------------------
          522,916.07  1,115,134.99             0.00         0.00  90,564,026.58
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    512.640911  17.934679     2.919098    20.853777   0.000000    494.706232
A-2   1000.000000   0.000000     5.694236     5.694236   0.000000   1000.000000
A-3    821.051504   6.585255     4.675261    11.260516   0.000000    814.466249
A-4   1000.000000   0.000000     5.694236     5.694236   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    959.814444   1.056920     5.465409     6.522329   0.000000    958.757524
B-2    959.814453   1.056921     5.465409     6.522330   0.000000    958.757531
B-3    959.814440   1.056919     5.465412     6.522331   0.000000    958.757522
B-4    959.814496   1.056916     5.465409     6.522325   0.000000    958.757580
B-5    959.814483   1.056909     5.465431     6.522340   0.000000    958.757574
B-6    959.814375   1.056911     5.465399     6.522310   0.000000    958.757464

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:35                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S41 (POOL # 4129)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4129 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       18,529.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,528.38

SUBSERVICER ADVANCES THIS MONTH                                        9,256.18
MASTER SERVICER ADVANCES THIS MONTH                                    3,129.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     689,204.36

 (B)  TWO MONTHLY PAYMENTS:                                    1     400,238.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        290,214.07

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      90,564,026.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          316

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                 458,894.68

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      491,840.22

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          92.65340630 %     7.34659370 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             92.61350800 %     7.38649200 %

      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                          7.26836274
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.46

POOL TRADING FACTOR:                                                84.37954259


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


Run:        03/28/97     14:30:35                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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     3,138,114.43     7.088543  %     13,085.13
A-2   760944XF0    25,100,000.00     6,140,667.41     7.088543  %    126,452.53
A-3   760944XG8    29,000,000.00     7,094,795.00     5.998543  %    146,100.53
A-4   760944ZC5             0.00             0.00     1.090000  %          0.00
A-5   760944XH6    52,129,000.00    52,129,000.00     7.088543  %          0.00
A-6   760944XJ2    35,266,000.00    35,266,000.00     7.088543  %          0.00
A-7   760944XK9    41,282,000.00    41,282,000.00     7.088543  %          0.00
R-I   760944XL7           100.00             0.00     7.088543  %          0.00
R-II  760944XQ6       210,347.00             0.00     7.088543  %          0.00
M-1   760944XM5     5,029,000.00     4,850,158.48     7.088543  %      5,318.18
M-2   760944XN3     3,520,000.00     3,394,821.63     7.088543  %      3,722.41
M-3   760944XP8     2,012,000.00     1,940,449.16     7.088543  %      2,127.69
B-1   760944B80     1,207,000.00     1,164,076.62     7.088543  %      1,276.41
B-2   760944B98       402,000.00       387,704.04     7.088543  %        425.12
B-3                   905,558.27       660,902.19     7.088543  %        724.68

- -------------------------------------------------------------------------------
                  201,163,005.27   157,448,688.96                    299,232.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        18,522.20     31,607.33             0.00         0.00   3,125,029.30
A-2        36,244.26    162,696.79             0.00         0.00   6,014,214.88
A-3        35,436.63    181,537.16             0.00         0.00   6,948,694.47
A-4         6,439.22      6,439.22             0.00         0.00           0.00
A-5       307,682.72    307,682.72             0.00         0.00  52,129,000.00
A-6       208,151.67    208,151.67             0.00         0.00  35,266,000.00
A-7       243,660.11    243,660.11             0.00         0.00  41,282,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        28,627.25     33,945.43             0.00         0.00   4,844,840.30
M-2        20,037.36     23,759.77             0.00         0.00   3,391,099.22
M-3        11,453.17     13,580.86             0.00         0.00   1,938,321.47
B-1         6,870.77      8,147.18             0.00         0.00   1,162,800.21
B-2         2,288.35      2,713.47             0.00         0.00     387,278.92
B-3         3,900.89      4,625.57             0.00         0.00     660,177.51

- -------------------------------------------------------------------------------
          929,314.60  1,228,547.28             0.00         0.00 157,149,456.28
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    615.316555   2.565712     3.631804     6.197516   0.000000    612.750843
A-2    244.648104   5.037949     1.443994     6.481943   0.000000    239.610155
A-3    244.648103   5.037949     1.221953     6.259902   0.000000    239.610154
A-5   1000.000000   0.000000     5.902333     5.902333   0.000000   1000.000000
A-6   1000.000000   0.000000     5.902333     5.902333   0.000000   1000.000000
A-7   1000.000000   0.000000     5.902333     5.902333   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    964.437956   1.057502     5.692434     6.749936   0.000000    963.380453
M-2    964.437963   1.057503     5.692432     6.749935   0.000000    963.380460
M-3    964.437952   1.057500     5.692430     6.749930   0.000000    963.380452
B-1    964.437962   1.057506     5.692436     6.749942   0.000000    963.380456
B-2    964.437910   1.057512     5.692413     6.749925   0.000000    963.380398
B-3    729.828452   0.800258     4.307696     5.107954   0.000000    729.028194

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:36                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S35 (POOL # 4130)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4130 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       32,752.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,132.54

SUBSERVICER ADVANCES THIS MONTH                                       15,201.98
MASTER SERVICER ADVANCES THIS MONTH                                    1,439.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,154,410.96

 (B)  TWO MONTHLY PAYMENTS:                                    2     374,639.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        662,668.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     157,149,456.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          558

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                 209,271.30

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      126,590.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.12561740 %     6.46904700 %    1.40533580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.11927430 %     6.47425784 %    1.40646790 %

      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                          7.46349882
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.27

POOL TRADING FACTOR:                                                78.12045563


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


Run:        03/28/97     14:30:37                                    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-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     1,217,470.48     4.450000  %    357,450.46
A-3   760944XS2    17,312,000.00    17,312,000.00     5.065000  %          0.00
A-4   760944YL6    53,021,000.00    34,658,045.40     6.250000  %    285,970.06
A-5   760944YM4    24,343,000.00    19,058,686.36     5.775000  %    391,191.63
A-6   760944YN2             0.00             0.00     2.725000  %          0.00
A-7   760944XT0     4,877,000.00     4,877,000.00     5.732000  %          0.00
A-8   760944YQ5     7,400,000.00     7,400,000.00     6.478840  %          0.00
A-9   760944YR3    26,000,000.00    26,000,000.00     6.478840  %          0.00
A-10  760944YP7    11,167,000.00    11,167,000.00     6.304600  %          0.00
A-11  760944YW2    40,005,000.00    29,847,243.69     7.000000  %     43,778.25
A-12  760944YX0    16,300,192.00    11,995,104.41     6.200000  %          0.00
A-13  760944YY8     8,444,808.00     6,214,427.03     5.404600  %          0.00
A-14  760944YZ5             0.00             0.00     0.208432  %          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     7,063,079.68     6.500000  %     35,614.52
B                     777,263.95       442,078.72     6.500000  %      2,229.10

- -------------------------------------------------------------------------------
                  259,085,063.95   177,252,135.77                  1,116,234.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2         4,510.36    361,960.82             0.00         0.00     860,020.02
A-3        72,999.41     72,999.41             0.00         0.00  17,312,000.00
A-4       180,333.61    466,303.67             0.00         0.00  34,372,075.34
A-5        91,629.98    482,821.61             0.00         0.00  18,667,494.73
A-6        43,236.65     43,236.65             0.00         0.00           0.00
A-7        23,272.95     23,272.95             0.00         0.00   4,877,000.00
A-8        39,913.67     39,913.67             0.00         0.00   7,400,000.00
A-9       140,237.20    140,237.20             0.00         0.00  26,000,000.00
A-10       58,612.02     58,612.02             0.00         0.00  11,167,000.00
A-11      173,938.16    217,716.41             0.00         0.00  29,803,465.44
A-12       61,913.93     61,913.93             0.00         0.00  11,995,104.41
A-13       27,961.29     27,961.29             0.00         0.00   6,214,427.03
A-14       30,757.33     30,757.33             0.00         0.00           0.00
R-I             1.80          1.80             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M          38,220.83     73,835.35             0.00         0.00   7,027,465.16
B           2,392.23      4,621.33             0.00         0.00     439,849.62

- -------------------------------------------------------------------------------
          989,931.42  2,106,165.44             0.00         0.00 176,135,901.75
===============================================================================













































Run:        03/28/97     14:30:37
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    201.367926  59.121809     0.746007    59.867816   0.000000    142.246116
A-3   1000.000000   0.000000     4.216694     4.216694   0.000000   1000.000000
A-4    653.666385   5.393524     3.401173     8.794697   0.000000    648.272861
A-5    782.922662  16.069984     3.764120    19.834104   0.000000    766.852678
A-7   1000.000000   0.000000     4.771981     4.771981   0.000000   1000.000000
A-8   1000.000000   0.000000     5.393739     5.393739   0.000000   1000.000000
A-9   1000.000000   0.000000     5.393738     5.393738   0.000000   1000.000000
A-10  1000.000000   0.000000     5.248681     5.248681   0.000000   1000.000000
A-11   746.087831   1.094319     4.347911     5.442230   0.000000    744.993512
A-12   735.887308   0.000000     3.798356     3.798356   0.000000    735.887308
A-13   735.887309   0.000000     3.311063     3.311063   0.000000    735.887309
R-I      0.000000   0.000000    18.040000    18.040000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M      851.835554   4.295253     4.609584     8.904837   0.000000    847.540301
B      568.762671   2.867880     3.077770     5.945650   0.000000    565.894790

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:38                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S36 (POOL # 4131)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4131 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       43,152.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    19,368.39

SUBSERVICER ADVANCES THIS MONTH                                       17,488.58
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,510,820.05

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        213,857.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     176,135,901.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          750

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      222,466.79

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.76582910 %     3.98476400 %    0.24940670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.76048110 %     3.98979713 %    0.24972170 %

CLASS A-14 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2086 %

      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                          7.12606249
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              133.18

POOL TRADING FACTOR:                                                67.98381160


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


Run:        03/28/97     14:30:39                                    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-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     8,070,235.45     7.000000  %  1,013,512.23
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     6.025000  %          0.00
A-7   760944ZK7             0.00             0.00     3.475000  %          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     0.124898  %          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     6,424,463.52     7.000000  %      6,837.64
M-2   760944ZS0     4,012,200.00     3,854,562.84     7.000000  %      4,102.46
M-3   760944ZT8     2,674,800.00     2,569,708.57     7.000000  %      2,734.98
B-1                 1,604,900.00     1,541,844.34     7.000000  %      1,641.01
B-2                   534,900.00       513,884.07     7.000000  %        546.93
B-3                 1,203,791.32       816,390.37     7.000000  %        868.89

- -------------------------------------------------------------------------------
                  267,484,931.32   220,614,029.16                  1,030,244.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        46,930.68  1,060,442.91             0.00         0.00   7,056,723.22
A-2       149,560.23    149,560.23             0.00         0.00  29,037,000.00
A-3       194,776.69    194,776.69             0.00         0.00  36,634,000.00
A-4       103,192.45    103,192.45             0.00         0.00  18,679,000.00
A-5       249,102.39    249,102.39             0.00         0.00  43,144,000.00
A-6       107,923.89    107,923.89             0.00         0.00  21,561,940.00
A-7        62,246.55     62,246.55             0.00         0.00           0.00
A-8        98,859.78     98,859.78             0.00         0.00  17,000,000.00
A-9       122,120.90    122,120.90             0.00         0.00  21,000,000.00
A-10       56,797.85     56,797.85             0.00         0.00   9,767,000.00
A-11       22,890.88     22,890.88             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        37,360.06     44,197.70             0.00         0.00   6,417,625.88
M-2        22,415.37     26,517.83             0.00         0.00   3,850,460.38
M-3        14,943.58     17,678.56             0.00         0.00   2,566,973.59
B-1         8,966.26     10,607.27             0.00         0.00   1,540,203.33
B-2         2,988.38      3,535.31             0.00         0.00     513,337.14
B-3         4,747.55      5,616.44             0.00         0.00     815,521.48

- -------------------------------------------------------------------------------
        1,305,823.49  2,336,067.63             0.00         0.00 219,583,785.02
===============================================================================









































Run:        03/28/97     14:30:39
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    149.603949  18.788229     0.869989    19.658218   0.000000    130.815720
A-2   1000.000000   0.000000     5.150678     5.150678   0.000000   1000.000000
A-3   1000.000000   0.000000     5.316828     5.316828   0.000000   1000.000000
A-4   1000.000000   0.000000     5.524517     5.524517   0.000000   1000.000000
A-5   1000.000000   0.000000     5.773744     5.773744   0.000000   1000.000000
A-6   1000.000000   0.000000     5.005296     5.005296   0.000000   1000.000000
A-8   1000.000000   0.000000     5.815281     5.815281   0.000000   1000.000000
A-9   1000.000000   0.000000     5.815281     5.815281   0.000000   1000.000000
A-10  1000.000000   0.000000     5.815281     5.815281   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.710540   1.022497     5.586802     6.609299   0.000000    959.688043
M-2    960.710543   1.022496     5.586803     6.609299   0.000000    959.688047
M-3    960.710547   1.022499     5.586803     6.609302   0.000000    959.688048
B-1    960.710536   1.022500     5.586803     6.609303   0.000000    959.688037
B-2    960.710544   1.022490     5.586801     6.609291   0.000000    959.688054
B-3    678.182636   0.721803     3.943823     4.665626   0.000000    677.460841

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:40                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S37 (POOL # 4132)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4132 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,934.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,320.71

SUBSERVICER ADVANCES THIS MONTH                                       37,253.56
MASTER SERVICER ADVANCES THIS MONTH                                    4,386.16


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   2,975,713.82

 (B)  TWO MONTHLY PAYMENTS:                                    2     618,340.13

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,740,104.32

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     219,583,785.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          774

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 628,142.74

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      795,441.68

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.87404620 %     5.82407900 %    1.30187500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.84823250 %     5.84517652 %    1.30659100 %

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                          7.53883749
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.65

POOL TRADING FACTOR:                                                82.09202064


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


Run:        03/28/97     14:30:41                                    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-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    61,458,697.52     5.875000  %    506,402.28
A-2   760944ZB7             0.00             0.00     3.125000  %          0.00
A-3   760944ZD3    59,980,000.00    36,155,627.19     5.500000  %    675,203.05
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     5.820000  %          0.00
A-10  760944ZW1    11,262,000.00    11,262,000.00    11.129790  %          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     4,310,555.13     0.000000  %      8,458.93
A-16  760944A40             0.00             0.00     0.078306  %          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     6,927,243.45     7.000000  %      7,646.50
M-2   760944B49     4,801,400.00     4,617,841.72     7.000000  %      5,097.31
M-3   760944B56     3,200,900.00     3,078,529.09     7.000000  %      3,398.17
B-1                 1,920,600.00     1,847,175.14     7.000000  %      2,038.97
B-2                   640,200.00       615,725.06     7.000000  %        679.66
B-3                 1,440,484.07     1,103,240.77     7.000000  %      1,217.79

- -------------------------------------------------------------------------------
                  320,088,061.92   258,417,657.08                  1,210,142.66
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       300,039.50    806,441.78             0.00         0.00  60,952,295.24
A-2       159,595.48    159,595.48             0.00         0.00           0.00
A-3       165,244.04    840,447.09             0.00         0.00  35,480,424.14
A-4       199,845.49    199,845.49             0.00         0.00  34,356,514.27
A-5        63,036.82     63,036.82             0.00         0.00  10,837,000.00
A-6        14,803.79     14,803.79             0.00         0.00   2,545,000.00
A-7        37,111.28     37,111.28             0.00         0.00   6,380,000.00
A-8        40,173.92     40,173.92             0.00         0.00   6,906,514.27
A-9       190,621.43    190,621.43             0.00         0.00  39,415,000.00
A-10      104,157.30    104,157.30             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       97,658.50     97,658.50             0.00         0.00  16,789,000.00
A-15            0.00      8,458.93             0.00         0.00   4,302,096.20
A-16       16,815.22     16,815.22             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        40,294.49     47,940.99             0.00         0.00   6,919,596.95
M-2        26,861.13     31,958.44             0.00         0.00   4,612,744.41
M-3        17,907.24     21,305.41             0.00         0.00   3,075,130.92
B-1        10,744.68     12,783.65             0.00         0.00   1,845,136.17
B-2         3,581.56      4,261.22             0.00         0.00     615,045.40
B-3         6,417.35      7,635.14             0.00         0.00   1,102,022.99

- -------------------------------------------------------------------------------
        1,494,909.22  2,705,051.88             0.00         0.00 257,207,514.43
===============================================================================































Run:        03/28/97     14:30:41
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    763.898594   6.294308     3.729330    10.023638   0.000000    757.604286
A-3    602.794718  11.257137     2.754986    14.012123   0.000000    591.537582
A-4    803.491996   0.000000     4.673764     4.673764   0.000000    803.491996
A-5   1000.000000   0.000000     5.816815     5.816815   0.000000   1000.000000
A-6   1000.000000   0.000000     5.816813     5.816813   0.000000   1000.000000
A-7   1000.000000   0.000000     5.816815     5.816815   0.000000   1000.000000
A-8    451.140785   0.000000     2.624203     2.624203   0.000000    451.140785
A-9   1000.000000   0.000000     4.836266     4.836266   0.000000   1000.000000
A-10  1000.000000   0.000000     9.248562     9.248562   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     5.816815     5.816815   0.000000   1000.000000
A-15   859.073711   1.685826     0.000000     1.685826   0.000000    857.387885
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    961.769840   1.061631     5.594437     6.656068   0.000000    960.708210
M-2    961.769842   1.061630     5.594437     6.656067   0.000000    960.708212
M-3    961.769843   1.061630     5.594439     6.656069   0.000000    960.708213
B-1    961.769832   1.061632     5.594439     6.656071   0.000000    960.708201
B-2    961.769853   1.061637     5.594439     6.656076   0.000000    960.708216
B-3    765.881965   0.845403     4.454995     5.300398   0.000000    765.036569

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:42                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S39 (POOL # 4133)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4133 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       70,013.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    28,759.84

SUBSERVICER ADVANCES THIS MONTH                                       18,610.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,086,413.52

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,680,358.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     257,207,514.43

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          922

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      924,724.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.84169740 %     5.75490200 %    1.40340070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.81562370 %     5.67925564 %    1.40851260 %

      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                          7.41191875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.53

POOL TRADING FACTOR:                                                80.35523502


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


Run:        03/28/97     14:30:43                                    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-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     7,312,298.09     6.000000  %    816,416.52
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     5.892000  %          0.00
A-9   760944YF9     3,770,880.00     3,530,467.90     5.281002  %          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     5.992000  %          0.00
A-12  760944XX1       987,000.00       987,000.00     6.013714  %          0.00
A-13  760944XY9             0.00             0.00     0.376464  %          0.00
R     760944YK8       109,869.00             0.00     6.000000  %          0.00
M-1   760944YH5     2,008,172.00     1,706,880.99     6.000000  %      8,609.56
M-2   760944YJ1     3,132,748.00     2,662,734.02     6.000000  %     13,430.91
B                     481,961.44       409,651.54     6.000000  %      2,066.29

- -------------------------------------------------------------------------------
                  160,653,750.44   120,278,280.40                    840,523.28
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        36,497.32    852,913.84             0.00         0.00   6,495,881.57
A-2       116,719.78    116,719.78             0.00         0.00  23,385,000.00
A-3       176,439.77    176,439.77             0.00         0.00  35,350,000.00
A-4        17,978.39     17,978.39             0.00         0.00   3,602,000.00
A-5        50,536.14     50,536.14             0.00         0.00  10,125,000.00
A-6        72,228.18     72,228.18             0.00         0.00  14,471,035.75
A-7        24,433.05     24,433.05             0.00         0.00   4,895,202.95
A-8        42,346.32     42,346.32             0.00         0.00   8,639,669.72
A-9        15,509.74     15,509.74             0.00         0.00   3,530,467.90
A-10       10,421.28     10,421.28             0.00         0.00   1,509,339.44
A-11        8,433.89      8,433.89             0.00         0.00   1,692,000.00
A-12        4,937.60      4,937.60             0.00         0.00     987,000.00
A-13       37,667.48     37,667.48             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,519.42     17,128.98             0.00         0.00   1,698,271.43
M-2        13,290.30     26,721.21             0.00         0.00   2,649,303.11
B           2,044.68      4,110.97             0.00         0.00     407,585.25

- -------------------------------------------------------------------------------
          638,003.34  1,478,526.62             0.00         0.00 119,437,757.12
===============================================================================















































Run:        03/28/97     14:30:43
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    209.960608  23.442057     1.047960    24.490017   0.000000    186.518551
A-2   1000.000000   0.000000     4.991224     4.991224   0.000000   1000.000000
A-3   1000.000000   0.000000     4.991224     4.991224   0.000000   1000.000000
A-4   1000.000000   0.000000     4.991224     4.991224   0.000000   1000.000000
A-5   1000.000000   0.000000     4.991224     4.991224   0.000000   1000.000000
A-6    578.841430   0.000000     2.889127     2.889127   0.000000    578.841430
A-7    916.361466   0.000000     4.573765     4.573765   0.000000    916.361466
A-8    936.245093   0.000000     4.588895     4.588895   0.000000    936.245093
A-9    936.245094   0.000000     4.113029     4.113029   0.000000    936.245094
A-10   936.245093   0.000000     6.464333     6.464333   0.000000    936.245093
A-11  1000.000000   0.000000     4.984569     4.984569   0.000000   1000.000000
A-12  1000.000000   0.000000     5.002634     5.002634   0.000000   1000.000000
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    849.967528   4.287262     4.242376     8.529638   0.000000    845.680265
M-2    849.967511   4.287262     4.242378     8.529640   0.000000    845.680249
B      849.967458   4.287252     4.242373     8.529625   0.000000    845.680206

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:44                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S42 (POOL # 4134)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4134 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,883.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,734.47

SUBSERVICER ADVANCES THIS MONTH                                       16,273.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,560,902.67

 (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                                                     119,437,757.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          463

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      233,836.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.02649250 %     0.34058600 %    3.63292110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.01871310 %     0.34125327 %    3.64003360 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3767 %

      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                          6.74041711
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              134.38

POOL TRADING FACTOR:                                                74.34482967


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


Run:        03/28/97     14:30:45                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    82,914,439.19     5.775000  %  1,125,969.25
A-2   760944C30             0.00             0.00     1.725000  %          0.00
A-3   760944C48    30,006,995.00    11,003,998.86     4.750000  %    422,241.15
A-4   760944C55             0.00             0.00     1.725000  %          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    41,724,345.30     6.750000  %          0.00
A-11  760944D47     4,850,379.00     4,158,008.62     0.000000  %     18,200.27
A-12  760944D54             0.00             0.00     0.134449  %          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    10,410,433.27     6.750000  %     11,848.91
M-2   760944E20     6,487,300.00     6,246,067.42     6.750000  %      7,109.12
M-3   760944E38     4,325,000.00     4,164,173.33     6.750000  %      4,739.56
B-1                 2,811,100.00     2,706,568.22     6.750000  %      3,080.55
B-2                   865,000.00       832,834.67     6.750000  %        947.91
B-3                 1,730,037.55     1,359,696.05     6.750000  %      1,547.58

- -------------------------------------------------------------------------------
                  432,489,516.55   357,888,696.25                  1,595,684.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       398,305.22  1,524,274.47             0.00         0.00  81,788,469.94
A-2        42,105.56     42,105.56             0.00         0.00           0.00
A-3        43,478.85    465,720.00             0.00         0.00  10,581,757.71
A-4        76,868.83     76,868.83             0.00         0.00           0.00
A-5       308,995.45    308,995.45             0.00         0.00  59,913,758.57
A-6        33,931.50     33,931.50             0.00         0.00   6,579,267.84
A-7       132,035.18    132,035.18             0.00         0.00  24,049,823.12
A-8       316,567.68    316,567.68             0.00         0.00  56,380,504.44
A-9       255,165.28    255,165.28             0.00         0.00  45,444,777.35
A-10            0.00          0.00       234,275.64         0.00  41,958,620.94
A-11            0.00     18,200.27             0.00         0.00   4,139,808.35
A-12       40,025.70     40,025.70             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        58,452.95     70,301.86             0.00         0.00  10,398,584.36
M-2        35,070.69     42,179.81             0.00         0.00   6,238,958.30
M-3        23,381.17     28,120.73             0.00         0.00   4,159,433.77
B-1        15,196.96     18,277.51             0.00         0.00   2,703,487.67
B-2         4,676.24      5,624.15             0.00         0.00     831,886.76
B-3         7,634.48      9,182.06             0.00         0.00   1,358,148.47

- -------------------------------------------------------------------------------
        1,791,891.74  3,387,576.04       234,275.64         0.00 356,527,287.59
===============================================================================







































Run:        03/28/97     14:30:45
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    611.742851   8.307403     2.938696    11.246099   0.000000    603.435448
A-3    366.714456  14.071424     1.448957    15.520381   0.000000    352.643032
A-5    963.750404   0.000000     4.970386     4.970386   0.000000    963.750404
A-6    966.588862   0.000000     4.985024     4.985024   0.000000    966.588862
A-7    973.681464   0.000000     5.345578     5.345578   0.000000    973.681465
A-8    990.697237   0.000000     5.562609     5.562609   0.000000    990.697237
A-9    984.076044   0.000000     5.525432     5.525432   0.000000    984.076044
A-10  1089.436938   0.000000     0.000000     0.000000   6.117017   1095.553956
A-11   857.254375   3.752340     0.000000     3.752340   0.000000    853.502036
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    962.814638   1.095853     5.406053     6.501906   0.000000    961.718785
M-2    962.814641   1.095852     5.406053     6.501905   0.000000    961.718789
M-3    962.814643   1.095852     5.406051     6.501903   0.000000    961.718791
B-1    962.814635   1.095852     5.406055     6.501907   0.000000    961.718783
B-2    962.814647   1.095850     5.406058     6.501908   0.000000    961.718798
B-3    785.934415   0.894530     4.412898     5.307428   0.000000    785.039880

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:46                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S40 (POOL # 4135)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4135 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      105,436.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    38,353.70

SUBSERVICER ADVANCES THIS MONTH                                       45,819.80
MASTER SERVICER ADVANCES THIS MONTH                                    3,197.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,624,297.64

 (B)  TWO MONTHLY PAYMENTS:                                    2     344,030.42

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      1,764,696.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     356,527,287.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,317

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                 471,682.71

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      953,883.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.72899590 %     5.88602400 %    1.38497990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.70958790 %     5.83320749 %    1.38867670 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1348 %

      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                          7.28601485
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              308.89

POOL TRADING FACTOR:                                                82.43605312


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


Run:        03/28/97     14:30:47                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-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    11,893,721.59     6.500000  %    458,984.25
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    25,742,146.51     6.500000  %     28,462.34
A-11  760944G28             0.00             0.00     0.336041  %          0.00
R     760944G36     5,463,000.00        34,552.94     6.500000  %          0.00
M-1   760944G44     6,675,300.00     6,435,825.86     6.500000  %      7,115.91
M-2   760944G51     4,005,100.00     3,861,418.36     6.500000  %      4,269.46
M-3   760944G69     2,670,100.00     2,574,311.04     6.500000  %      2,846.34
B-1                 1,735,600.00     1,673,335.94     6.500000  %      1,850.16
B-2                   534,100.00       514,939.34     6.500000  %        569.35
B-3                 1,068,099.02       782,189.68     6.500000  %        864.84

- -------------------------------------------------------------------------------
                  267,002,299.02   223,310,441.26                    504,962.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        64,402.79    523,387.04             0.00         0.00  11,434,737.34
A-2       133,638.63    133,638.63             0.00         0.00  16,042,000.00
A-3       172,462.56    172,462.56             0.00         0.00  34,794,000.00
A-4       181,533.28    181,533.28             0.00         0.00  36,624,000.00
A-5       152,041.06    152,041.06             0.00         0.00  30,674,000.00
A-6        68,725.34     68,725.34             0.00         0.00  12,692,000.00
A-7       175,538.78    175,538.78             0.00         0.00  32,418,000.00
A-8        15,789.72     15,789.72             0.00         0.00   2,916,000.00
A-9        19,699.24     19,699.24             0.00         0.00   3,638,000.00
A-10      139,390.00    167,852.34             0.00         0.00  25,713,684.17
A-11       62,513.55     62,513.55             0.00         0.00           0.00
R               3.00          3.00           187.10         0.00      34,740.04
M-1        34,849.06     41,964.97             0.00         0.00   6,428,709.95
M-2        20,909.03     25,178.49             0.00         0.00   3,857,148.90
M-3        13,939.52     16,785.86             0.00         0.00   2,571,464.70
B-1         9,060.87     10,911.03             0.00         0.00   1,671,485.78
B-2         2,788.32      3,357.67             0.00         0.00     514,369.99
B-3         4,235.44      5,100.28             0.00         0.00     781,324.84

- -------------------------------------------------------------------------------
        1,271,520.19  1,776,482.84           187.10         0.00 222,805,665.71
===============================================================================












































Run:        03/28/97     14:30:47
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    245.976911   9.492363     1.331930    10.824293   0.000000    236.484548
A-2   1000.000000   0.000000     8.330547     8.330547   0.000000   1000.000000
A-3   1000.000000   0.000000     4.956675     4.956675   0.000000   1000.000000
A-4   1000.000000   0.000000     4.956675     4.956675   0.000000   1000.000000
A-5   1000.000000   0.000000     4.956675     4.956675   0.000000   1000.000000
A-6   1000.000000   0.000000     5.414855     5.414855   0.000000   1000.000000
A-7   1000.000000   0.000000     5.414855     5.414855   0.000000   1000.000000
A-8   1000.000000   0.000000     5.414856     5.414856   0.000000   1000.000000
A-9   1000.000000   0.000000     5.414854     5.414854   0.000000   1000.000000
A-10   964.125337   1.066005     5.220599     6.286604   0.000000    963.059332
R        6.324902   0.000000     0.000549     0.000549   0.034249      6.359151
M-1    964.125337   1.066006     5.220598     6.286604   0.000000    963.059331
M-2    964.125330   1.066006     5.220601     6.286607   0.000000    963.059324
M-3    964.125329   1.066005     5.220598     6.286603   0.000000    963.059324
B-1    964.125340   1.066006     5.220598     6.286604   0.000000    963.059334
B-2    964.125332   1.065999     5.220595     6.286594   0.000000    963.059334
B-3    732.319444   0.809700     3.965400     4.775100   0.000000    731.509743

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:48                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S43 (POOL # 4136)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4136 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       58,426.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,512.64

SUBSERVICER ADVANCES THIS MONTH                                       28,053.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,677,390.99

 (B)  TWO MONTHLY PAYMENTS:                                    2     524,748.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     123,294.96


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        855,593.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     222,805,665.71

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          814

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      257,867.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.90583100 %     5.76397400 %    1.33019530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.89762040 %     5.77064479 %    1.33173480 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3362 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,273,402.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,868,057.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.27537142
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.87

POOL TRADING FACTOR:                                                83.44709635


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


Run:        03/28/97     14:30:49                                    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-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     8,314,966.12     6.500000  %     26,374.28
A-2   760944G85    50,000,000.00    35,328,560.92     6.375000  %    229,638.48
A-3   760944G93    16,984,000.00    14,030,023.00     5.925000  %     46,235.87
A-4   760944H27             0.00             0.00     3.075000  %          0.00
A-5   760944H35    85,916,000.00    72,037,761.71     6.100000  %    217,223.24
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     5.992000  %          0.00
A-10  760944H84     5,731,923.00     5,041,226.65     7.443414  %          0.00
A-11  760944H92     5,000,000.00     4,397,500.33     6.192000  %          0.00
A-12  760944J25     1,923,077.00     1,691,346.35     7.300800  %          0.00
A-13  760944J33             0.00             0.00     0.315083  %          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     5,787,361.92     6.500000  %      6,686.30
M-2   760944J74     3,601,003.00     3,470,974.02     6.500000  %      4,010.11
M-3   760944J82     2,400,669.00     2,313,982.98     6.500000  %      2,673.41
B-1   760944J90     1,560,435.00     1,504,089.07     6.500000  %      1,737.71
B-2   760944K23       480,134.00       462,796.79     6.500000  %        534.68
B-3   760944K31       960,268.90       806,037.61     6.500000  %        931.25

- -------------------------------------------------------------------------------
                  240,066,876.90   203,408,905.66                    536,045.33
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        45,019.80     71,394.08             0.00         0.00   8,288,591.84
A-2       187,601.32    417,239.80             0.00         0.00  35,098,922.44
A-3        69,243.10    115,478.97             0.00         0.00  13,983,787.13
A-4        35,936.29     35,936.29             0.00         0.00           0.00
A-5       366,032.64    583,255.88             0.00         0.00  71,820,538.47
A-6        78,389.01     78,389.01             0.00         0.00  14,762,000.00
A-7        99,829.05     99,829.05             0.00         0.00  18,438,000.00
A-8        30,644.99     30,644.99             0.00         0.00   5,660,000.00
A-9        46,728.64     46,728.64             0.00         0.00   9,362,278.19
A-10       31,256.35     31,256.35             0.00         0.00   5,041,226.65
A-11       22,681.23     22,681.23             0.00         0.00   4,397,500.33
A-12       10,285.67     10,285.67             0.00         0.00   1,691,346.35
A-13       53,385.65     53,385.65             0.00         0.00           0.00
R-I             1.20          1.20             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        31,334.57     38,020.87             0.00         0.00   5,780,675.62
M-2        18,792.93     22,803.04             0.00         0.00   3,466,963.91
M-3        12,528.62     15,202.03             0.00         0.00   2,311,309.57
B-1         8,143.61      9,881.32             0.00         0.00   1,502,351.36
B-2         2,505.73      3,040.41             0.00         0.00     462,262.11
B-3         4,364.12      5,295.37             0.00         0.00     805,106.36

- -------------------------------------------------------------------------------
        1,154,704.52  1,690,749.85             0.00         0.00 202,872,860.33
===============================================================================





































Run:        03/28/97     14:30:49
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    831.496612   2.637428     4.501980     7.139408   0.000000    828.859184
A-2    706.571218   4.592770     3.752026     8.344796   0.000000    701.978449
A-3    826.072951   2.722319     4.076961     6.799280   0.000000    823.350632
A-5    838.467360   2.528321     4.260355     6.788676   0.000000    835.939039
A-6   1000.000000   0.000000     5.310189     5.310189   0.000000   1000.000000
A-7   1000.000000   0.000000     5.414310     5.414310   0.000000   1000.000000
A-8   1000.000000   0.000000     5.414309     5.414309   0.000000   1000.000000
A-9    879.500065   0.000000     4.389727     4.389727   0.000000    879.500065
A-10   879.500065   0.000000     5.453030     5.453030   0.000000    879.500065
A-11   879.500066   0.000000     4.536246     4.536246   0.000000    879.500066
A-12   879.500067   0.000000     5.348548     5.348548   0.000000    879.500067
R-I      0.000000   0.000000    11.990000    11.990000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.890898   1.113610     5.218804     6.332414   0.000000    962.777288
M-2    963.890899   1.113609     5.218804     6.332413   0.000000    962.777290
M-3    963.890890   1.113610     5.218804     6.332414   0.000000    962.777280
B-1    963.890883   1.113606     5.218808     6.332414   0.000000    962.777277
B-2    963.890893   1.113606     5.218814     6.332420   0.000000    962.777287
B-3    839.387395   0.969749     4.544706     5.514455   0.000000    838.417614

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:50                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S44 (POOL # 4137)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4137 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       52,426.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    21,482.11

SUBSERVICER ADVANCES THIS MONTH                                       22,569.15
MASTER SERVICER ADVANCES THIS MONTH                                    3,956.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,403,538.39

 (B)  TWO MONTHLY PAYMENTS:                                    2     847,086.78

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        134,658.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     202,872,860.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          757

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                 559,722.74

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      301,041.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.94758390 %     5.68919000 %    1.36322620 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.93711890 %     5.69763204 %    1.36524910 %

CLASS A-13 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3153 %

      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                          7.25117025
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.06

POOL TRADING FACTOR:                                                84.50681033


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


Run:        03/28/97     14:30:51                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,920,437.39     8.147121  %  2,046,603.06
M-1   760944E61     2,987,500.00     2,823,615.57     8.147121  %      2,251.45
M-2   760944E79     1,991,700.00     1,882,441.90     8.147121  %      1,500.99
R     760944E53           100.00             0.00     8.147121  %          0.00
B-1                   863,100.00       815,753.17     8.147121  %        650.45
B-2                   332,000.00       313,787.54     8.147121  %        250.20
B-3                   796,572.42        31,657.00     8.147121  %         25.25

- -------------------------------------------------------------------------------
                  132,777,672.42    54,787,692.57                  2,051,281.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         325,153.48  2,371,756.54             0.00         0.00  46,873,834.33
M-1        18,767.38     21,018.83             0.00         0.00   2,821,364.12
M-2        12,511.79     14,012.78             0.00         0.00   1,880,940.91
R               0.00          0.00             0.00         0.00           0.00
B-1         5,421.97      6,072.42             0.00         0.00     815,102.72
B-2         2,085.62      2,335.82             0.00         0.00     313,537.34
B-3           210.41        235.66             0.00         0.00      31,631.75

- -------------------------------------------------------------------------------
          364,150.65  2,415,432.05             0.00         0.00  52,736,411.17
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      388.853991  16.267838     2.584548    18.852386   0.000000    372.586153
M-1    945.143287   0.753623     6.281968     7.035591   0.000000    944.389664
M-2    945.143295   0.753623     6.281965     7.035588   0.000000    944.389672
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    945.143286   0.753621     6.281972     7.035593   0.000000    944.389665
B-2    945.143193   0.753614     6.281988     7.035602   0.000000    944.389578
B-3     39.741522   0.031686     0.264144     0.295830   0.000000     39.709823

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:51                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S46 (POOL # 4138)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4138 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       14,523.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,631.56

SUBSERVICER ADVANCES THIS MONTH                                       30,633.10
MASTER SERVICER ADVANCES THIS MONTH                                    1,779.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,159,239.79

 (B)  TWO MONTHLY PAYMENTS:                                    3     983,700.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                      1,887,320.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,736,411.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          190

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                 234,006.59

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,007,595.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.29092480 %     8.58962500 %    2.11944990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.88324650 %     8.91661933 %    2.20013420 %

      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                          8.59989137
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.20

POOL TRADING FACTOR:                                                39.71783072


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


Run:        03/28/97     14:30:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1993-S45 (POOL # 4139)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4139 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760944M21    30,000,000.00    18,905,130.87     6.500000  %    278,507.12
A-2   760944M39    10,308,226.00     5,005,085.71     5.200000  %    194,903.84
A-3   760944M47    53,602,774.00    26,026,445.10     6.750000  %  1,013,499.94
A-4   760944M54    19,600,000.00    14,558,320.19     6.500000  %    185,294.50
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    22,007,427.83     6.500000  %    268,557.36
A-8   760944M96   122,726,000.00    97,570,660.37     6.500000  %    396,142.90
A-9   760944N20    19,481,177.00    19,481,177.00     6.300000  %          0.00
A-10  760944N38    10,930,823.00    10,930,823.00     8.000000  %          0.00
A-11  760944N46    25,000,000.00    25,000,000.00     6.000000  %          0.00
A-12  760944N53    17,010,000.00    17,010,000.00     6.500000  %          0.00
A-13  760944N61    13,003,000.00    13,003,000.00     6.500000  %          0.00
A-14  760944N79    20,507,900.00    20,507,900.00     6.500000  %          0.00
A-15  760944N87    58,137,000.00    64,069,935.25     6.500000  %          0.00
A-16  760944N95     1,000,000.00     1,227,353.96     6.500000  %          0.00
A-17  760944P28     2,791,590.78     2,387,587.91     0.000000  %     13,568.75
A-18  760944P36             0.00             0.00     0.378603  %          0.00
R     760944P44           100.00             0.00     6.500000  %          0.00
M-1   760944P51    13,235,200.00    12,747,370.72     6.500000  %     14,140.83
M-2   760944P69     5,294,000.00     5,098,871.26     6.500000  %      5,656.25
M-3   760944P77     5,294,000.00     5,098,871.26     6.500000  %      5,656.25
B-1                 2,382,300.00     2,294,492.05     6.500000  %      2,545.31
B-2                   794,100.00       764,830.67     6.500000  %        848.44
B-3                 2,117,643.10     1,173,734.17     6.500000  %      1,302.05

- -------------------------------------------------------------------------------
                  529,391,833.88   441,984,017.32                  2,380,623.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       102,187.06    380,694.18             0.00         0.00  18,626,623.75
A-2        21,643.01    216,546.85             0.00         0.00   4,810,181.87
A-3       146,090.33  1,159,590.27             0.00         0.00  25,012,945.16
A-4        78,691.44    263,985.94             0.00         0.00  14,373,025.69
A-5        68,100.81     68,100.81             0.00         0.00  12,599,000.00
A-6       240,620.34    240,620.34             0.00         0.00  44,516,000.00
A-7       118,955.76    387,513.12             0.00         0.00  21,738,870.47
A-8       527,394.32    923,537.22             0.00         0.00  97,174,517.47
A-9       102,060.71    102,060.71             0.00         0.00  19,481,177.00
A-10       72,718.63     72,718.63             0.00         0.00  10,930,823.00
A-11      124,736.66    124,736.66             0.00         0.00  25,000,000.00
A-12       91,943.39     91,943.39             0.00         0.00  17,010,000.00
A-13       70,284.54     70,284.54             0.00         0.00  13,003,000.00
A-14      110,850.44    110,850.44             0.00         0.00  20,507,900.00
A-15            0.00          0.00       346,314.35         0.00  64,416,249.60
A-16            0.00          0.00         6,634.16         0.00   1,233,988.12
A-17            0.00     13,568.75             0.00         0.00   2,374,019.16
A-18      139,153.12    139,153.12             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        68,902.79     83,043.62             0.00         0.00  12,733,229.89
M-2        27,560.70     33,216.95             0.00         0.00   5,093,215.01
M-3        27,560.70     33,216.95             0.00         0.00   5,093,215.01
B-1        12,402.32     14,947.63             0.00         0.00   2,291,946.74
B-2         4,134.10      4,982.54             0.00         0.00     763,982.23
B-3         6,344.32      7,646.37             0.00         0.00   1,172,432.12

- -------------------------------------------------------------------------------
        2,162,335.49  4,542,959.03       352,948.51         0.00 439,956,342.29
===============================================================================































Run:        03/28/97     14:30:52
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    630.171029   9.283571     3.406235    12.689806   0.000000    620.887458
A-2    485.542877  18.907603     2.099586    21.007189   0.000000    466.635275
A-3    485.542877  18.907602     2.725425    21.633027   0.000000    466.635275
A-4    742.771438   9.453801     4.014869    13.468670   0.000000    733.317637
A-5   1000.000000   0.000000     5.405255     5.405255   0.000000   1000.000000
A-6   1000.000000   0.000000     5.405255     5.405255   0.000000   1000.000000
A-7    563.411787   6.875332     3.045384     9.920716   0.000000    556.536455
A-8    795.028440   3.227865     4.297332     7.525197   0.000000    791.800576
A-9   1000.000000   0.000000     5.238940     5.238940   0.000000   1000.000000
A-10  1000.000000   0.000000     6.652622     6.652622   0.000000   1000.000000
A-11  1000.000000   0.000000     4.989466     4.989466   0.000000   1000.000000
A-12  1000.000000   0.000000     5.405255     5.405255   0.000000   1000.000000
A-13  1000.000000   0.000000     5.405256     5.405256   0.000000   1000.000000
A-14  1000.000000   0.000000     5.405256     5.405256   0.000000   1000.000000
A-15  1102.050936   0.000000     0.000000     0.000000   5.956867   1108.007802
A-16  1227.353960   0.000000     0.000000     0.000000   6.634160   1233.988120
A-17   855.278620   4.860580     0.000000     4.860580   0.000000    850.418040
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    963.141526   1.068426     5.206026     6.274452   0.000000    962.073100
M-2    963.141530   1.068427     5.206026     6.274453   0.000000    962.073104
M-3    963.141530   1.068427     5.206026     6.274453   0.000000    962.073104
B-1    963.141523   1.068425     5.206028     6.274453   0.000000    962.073097
B-2    963.141506   1.068430     5.206019     6.274449   0.000000    962.073076
B-3    554.264394   0.614844     2.995944     3.610788   0.000000    553.649536

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:54                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S45 (POOL # 4139)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4139 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      101,637.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    46,887.81

SUBSERVICER ADVANCES THIS MONTH                                       46,999.26
MASTER SERVICER ADVANCES THIS MONTH                                      648.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   4,488,050.95

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,088,032.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     421,623.55


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        883,975.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     439,956,342.29

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,565

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                  93,916.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,537,129.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.81747250 %     5.21958600 %    0.96294160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.79590550 %     5.20953052 %    0.96630070 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3789 %

      BANKRUPTCY AMOUNT AVAILABLE                         135,873.00
      FRAUD AMOUNT AVAILABLE                              757,037.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,483,403.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.24552888
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.24

POOL TRADING FACTOR:                                                83.10599336


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


Run:        03/28/97     14:30:54                                    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-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     7,376,131.63     6.500000  %     92,963.49
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    74,841,315.39     5.650000  %    943,246.43
A-9   760944S58    43,941,000.00    31,807,124.75     5.975000  %    400,874.26
A-10  760944S66             0.00             0.00     2.525000  %          0.00
A-11  760944S74    16,684,850.00    16,614,005.06     6.142000  %          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     6.270051  %          0.00
A-14  760944T24    10,093,055.55    10,050,199.79     6.500000  %          0.00
A-15  760944T32     1,121,450.62     1,116,688.87     9.000000  %          0.00
A-16  760944T40     2,760,493.83     2,748,772.60     5.484375  %          0.00
A-17  760944T57    78,019,000.00    51,611,465.21     6.500000  %    855,099.37
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    34,793,650.17     6.500000  %    342,471.58
A-24  760944U48             0.00             0.00     0.232735  %          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    15,563,313.60     6.500000  %     17,452.92
M-2   760944U89     5,867,800.00     5,659,334.20     6.500000  %      6,346.46
M-3   760944U97     5,867,800.00     5,659,334.20     6.500000  %      6,346.46
B-1                 2,640,500.00     2,546,690.75     6.500000  %      2,855.90
B-2                   880,200.00       848,929.04     6.500000  %        952.00
B-3                 2,347,160.34     2,105,174.36     6.500000  %      2,360.76

- -------------------------------------------------------------------------------
                  586,778,060.34   503,865,638.73                  2,670,969.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        39,867.36    132,830.85             0.00         0.00   7,283,168.14
A-2        28,051.50     28,051.50             0.00         0.00   5,190,000.00
A-3        16,209.33     16,209.33             0.00         0.00   2,999,000.00
A-4       172,753.06    172,753.06             0.00         0.00  31,962,221.74
A-5       267,083.83    267,083.83             0.00         0.00  49,415,000.00
A-6        12,777.22     12,777.22             0.00         0.00   2,364,000.00
A-7        63,464.12     63,464.12             0.00         0.00  11,741,930.42
A-8       351,613.30  1,294,859.73             0.00         0.00  73,898,068.96
A-9       158,029.36    558,903.62             0.00         0.00  31,406,250.49
A-10       66,782.28     66,782.28             0.00         0.00           0.00
A-11       84,851.52     84,851.52             0.00         0.00  16,614,005.06
A-12       23,485.44     23,485.44             0.00         0.00   3,227,863.84
A-13       29,812.69     29,812.69             0.00         0.00   5,718,138.88
A-14       54,320.46     54,320.46             0.00         0.00  10,050,199.79
A-15        8,357.00      8,357.00             0.00         0.00   1,116,688.87
A-16       12,535.49     12,535.49             0.00         0.00   2,748,772.60
A-17      278,955.53  1,134,054.90             0.00         0.00  50,756,365.84
A-18      251,652.80    251,652.80             0.00         0.00  46,560,000.00
A-19      194,814.72    194,814.72             0.00         0.00  36,044,000.00
A-20       21,646.68     21,646.68             0.00         0.00   4,005,000.00
A-21       13,582.55     13,582.55             0.00         0.00   2,513,000.00
A-22      209,620.70    209,620.70             0.00         0.00  38,783,354.23
A-23      188,056.70    530,528.28             0.00         0.00  34,451,178.59
A-24       97,510.60     97,510.60             0.00         0.00           0.00
R-I             0.71          0.71             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        84,118.37    101,571.29             0.00         0.00  15,545,860.68
M-2        30,588.22     36,934.68             0.00         0.00   5,652,987.74
M-3        30,588.22     36,934.68             0.00         0.00   5,652,987.74
B-1        13,764.64     16,620.54             0.00         0.00   2,543,834.85
B-2         4,588.39      5,540.39             0.00         0.00     847,977.04
B-3        11,378.31     13,739.07             0.00         0.00   2,102,813.60

- -------------------------------------------------------------------------------
        2,820,861.10  5,491,830.73             0.00         0.00 501,194,669.10
===============================================================================
















Run:        03/28/97     14:30:54
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    723.859826   9.123012     3.912400    13.035412   0.000000    714.736815
A-2   1000.000000   0.000000     5.404913     5.404913   0.000000   1000.000000
A-3   1000.000000   0.000000     5.404912     5.404912   0.000000   1000.000000
A-4    976.571901   0.000000     5.278287     5.278287   0.000000    976.571901
A-5   1000.000000   0.000000     5.404914     5.404914   0.000000   1000.000000
A-6   1000.000000   0.000000     5.404915     5.404915   0.000000   1000.000000
A-7    995.753937   0.000000     5.381964     5.381964   0.000000    995.753937
A-8    723.859829   9.123012     3.400779    12.523791   0.000000    714.736817
A-9    723.859829   9.123012     3.596399    12.719411   0.000000    714.736817
A-11   995.753936   0.000000     5.085543     5.085543   0.000000    995.753936
A-12   995.753936   0.000000     7.244952     7.244952   0.000000    995.753936
A-13   995.753935   0.000000     5.191567     5.191567   0.000000    995.753935
A-14   995.753936   0.000000     5.381964     5.381964   0.000000    995.753936
A-15   995.753937   0.000000     7.451955     7.451955   0.000000    995.753937
A-16   995.753937   0.000000     4.541032     4.541032   0.000000    995.753937
A-17   661.524311  10.960143     3.575482    14.535625   0.000000    650.564168
A-18  1000.000000   0.000000     5.404914     5.404914   0.000000   1000.000000
A-19  1000.000000   0.000000     5.404914     5.404914   0.000000   1000.000000
A-20  1000.000000   0.000000     5.404914     5.404914   0.000000   1000.000000
A-21  1000.000000   0.000000     5.404914     5.404914   0.000000   1000.000000
A-22   997.770883   0.000000     5.392866     5.392866   0.000000    997.770883
A-23   766.886713   7.548415     4.144957    11.693372   0.000000    759.338298
R-I      0.000000   0.000000     1.420000     1.420000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.472913   1.081574     5.212893     6.294467   0.000000    963.391339
M-2    964.472920   1.081574     5.212894     6.294468   0.000000    963.391346
M-3    964.472920   1.081574     5.212894     6.294468   0.000000    963.391346
B-1    964.472922   1.081575     5.212891     6.294466   0.000000    963.391346
B-2    964.472893   1.081572     5.212895     6.294467   0.000000    963.391320
B-3    896.902663   1.005798     4.847683     5.853481   0.000000    895.896869

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:56                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S47 (POOL # 4140)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4140 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      116,388.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    53,060.04

SUBSERVICER ADVANCES THIS MONTH                                       60,164.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,597,577.77

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,398,373.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     941,287.62


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        952,352.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     501,194,669.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,784

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,105,927.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.57313270 %     5.33514900 %    1.09171850 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.54612820 %     5.35756619 %    1.09630570 %

CLASS A-24 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2335 %

      BANKRUPTCY AMOUNT AVAILABLE                         104,596.00
      FRAUD AMOUNT AVAILABLE                            5,084,081.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   5,084,081.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.13623201
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.95

POOL TRADING FACTOR:                                                85.41469134


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


Run:        03/28/97     14:30:57                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     3,156,697.58     6.500000  %    208,526.83
A-2   760944K56    85,878,000.00    46,850,310.63     6.500000  %  1,196,406.69
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     6.075000  %          0.00
A-10  760944L55     7,049,337.00     6,418,799.63     7.420648  %          0.00
A-11  760944L63             0.00             0.00     0.160386  %          0.00
R     760944L71           100.00             0.00     6.500000  %          0.00
M-1   760944L89     3,099,138.00     2,662,925.79     6.500000  %     13,023.55
M-2   760944L97     3,305,815.00     2,840,512.42     6.500000  %     13,892.07
B                     826,454.53       578,081.27     6.500000  %      2,827.22

- -------------------------------------------------------------------------------
                  206,613,407.53   152,878,070.66                  1,434,676.36
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        17,062.65    225,589.48             0.00         0.00   2,948,170.75
A-2       253,236.32  1,449,643.01             0.00         0.00  45,653,903.94
A-3        70,051.67     70,051.67             0.00         0.00  12,960,000.00
A-4        14,918.41     14,918.41             0.00         0.00   2,760,000.00
A-5       121,509.50    121,509.50             0.00         0.00  23,954,120.07
A-6        59,758.77     59,758.77             0.00         0.00   9,581,648.02
A-7        28,517.95     28,517.95             0.00         0.00   5,276,000.00
A-8       118,545.04    118,545.04             0.00         0.00  21,931,576.52
A-9        70,257.45     70,257.45             0.00         0.00  13,907,398.73
A-10       39,609.17     39,609.17             0.00         0.00   6,418,799.63
A-11       20,389.76     20,389.76             0.00         0.00           0.00
R               0.99          0.99             0.00         0.00           0.00
M-1        14,393.70     27,417.25             0.00         0.00   2,649,902.24
M-2        15,353.60     29,245.67             0.00         0.00   2,826,620.35
B           3,124.66      5,951.88             0.00         0.00     575,254.05

- -------------------------------------------------------------------------------
          846,729.64  2,281,406.00             0.00         0.00 151,443,394.30
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    316.969332  20.938531     1.713289    22.651820   0.000000    296.030801
A-2    545.544966  13.931469     2.948792    16.880261   0.000000    531.613498
A-3   1000.000000   0.000000     5.405221     5.405221   0.000000   1000.000000
A-4   1000.000000   0.000000     5.405221     5.405221   0.000000   1000.000000
A-5    905.295543   0.000000     4.592196     4.592196   0.000000    905.295543
A-6    905.295542   0.000000     5.646142     5.646142   0.000000    905.295542
A-7   1000.000000   0.000000     5.405222     5.405222   0.000000   1000.000000
A-8    946.060587   0.000000     5.113668     5.113668   0.000000    946.060587
A-9    910.553663   0.000000     4.599938     4.599938   0.000000    910.553663
A-10   910.553663   0.000000     5.618850     5.618850   0.000000    910.553663
R        0.000000   0.000000     9.910000     9.910000   0.000000      0.000000
M-1    859.247246   4.202314     4.644420     8.846734   0.000000    855.044932
M-2    859.247242   4.202313     4.644422     8.846735   0.000000    855.044928
B      699.471355   3.420902     3.780789     7.201691   0.000000    696.050453

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:30:58                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S48 (POOL # 4141)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4141 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       34,514.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    16,375.14

SUBSERVICER ADVANCES THIS MONTH                                       19,772.34
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,751,560.91

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     192,892.02


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     151,443,394.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          589

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      686,996.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.02198050 %     3.59988700 %    0.37813220 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.00393490 %     3.61621754 %    0.37984760 %

CLASS A-11 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1596 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              780,276.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,293,856.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.05600006
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.42

POOL TRADING FACTOR:                                                73.29795104


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


Run:        03/28/97     14:30:59                                    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-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     6,991,556.19     6.000000  %    698,278.80
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    33,582,070.86     6.000000  %     38,041.64
A-5   760944Q43    10,500,000.00     3,109,247.71     6.000000  %    236,654.69
A-6   760944Q50    25,817,000.00    17,386,296.68     6.000000  %     42,378.31
A-7   760944Q68    11,470,000.00    11,470,000.00     6.000000  %          0.00
A-8   760944Q76    13,328,000.00    16,103,420.66     6.000000  %          0.00
A-9   760944Q84             0.00             0.00     0.237560  %          0.00
R     760944Q92           100.00             0.00     6.000000  %          0.00
M-1   760944R26     1,938,400.00     1,660,473.32     6.000000  %      8,407.25
M-2   760944R34       775,500.00       664,309.23     6.000000  %      3,363.51
M-3   760944R42       387,600.00       332,026.15     6.000000  %      1,681.10
B-1                   542,700.00       464,887.98     6.000000  %      2,353.80
B-2                   310,100.00       265,638.03     6.000000  %      1,344.97
B-3                   310,260.75       265,775.71     6.000000  %      1,345.67

- -------------------------------------------------------------------------------
                  155,046,660.75   116,752,702.52                  1,033,849.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        34,915.60    733,194.40             0.00         0.00   6,293,277.39
A-2       113,897.41    113,897.41             0.00         0.00  22,807,000.00
A-3         8,240.05      8,240.05             0.00         0.00   1,650,000.00
A-4       167,707.76    205,749.40             0.00         0.00  33,544,029.22
A-5        15,527.48    252,182.17             0.00         0.00   2,872,593.02
A-6        86,826.60    129,204.91             0.00         0.00  17,343,918.37
A-7        57,280.81     57,280.81             0.00         0.00  11,470,000.00
A-8             0.00          0.00        80,419.95         0.00  16,183,840.61
A-9        23,085.29     23,085.29             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,292.35     16,699.60             0.00         0.00   1,652,066.07
M-2         3,317.54      6,681.05             0.00         0.00     660,945.72
M-3         1,658.13      3,339.23             0.00         0.00     330,345.05
B-1         2,321.64      4,675.44             0.00         0.00     462,534.18
B-2         1,326.59      2,671.56             0.00         0.00     264,293.06
B-3         1,327.28      2,672.95             0.00         0.00     264,430.04

- -------------------------------------------------------------------------------
          525,724.53  1,559,574.27        80,419.95         0.00 115,799,272.73
===============================================================================















































Run:        03/28/97     14:30:59
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    251.748387  25.143267     1.257223    26.400490   0.000000    226.605120
A-2   1000.000000   0.000000     4.993967     4.993967   0.000000   1000.000000
A-3   1000.000000   0.000000     4.993970     4.993970   0.000000   1000.000000
A-4    897.004938   1.016124     4.479613     5.495737   0.000000    895.988814
A-5    296.118830  22.538542     1.478808    24.017350   0.000000    273.580288
A-6    673.443726   1.641489     3.363156     5.004645   0.000000    671.802238
A-7   1000.000000   0.000000     4.993968     4.993968   0.000000   1000.000000
A-8   1208.239845   0.000000     0.000000     0.000000   6.033910   1214.273755
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    856.620574   4.337211     4.277935     8.615146   0.000000    852.283363
M-2    856.620542   4.337215     4.277937     8.615152   0.000000    852.283327
M-3    856.620614   4.337203     4.277941     8.615144   0.000000    852.283411
B-1    856.620564   4.337203     4.277944     8.615147   0.000000    852.283361
B-2    856.620542   4.337214     4.277943     8.615157   0.000000    852.283328
B-3    856.620472   4.337223     4.277950     8.615173   0.000000    852.283249

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:00                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1993-S49 (POOL # 4142)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4142 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,104.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,594.27

SUBSERVICER ADVANCES THIS MONTH                                       18,253.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,055,092.72

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        820,490.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     115,799,272.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          501

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      362,291.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.87106990 %     2.27558600 %    0.85334360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.86128070 %     2.28270591 %    0.85601340 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2381 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              597,733.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,738,787.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          6.63179018
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.78

POOL TRADING FACTOR:                                                74.68672474


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


Run:        03/28/97     14:31:01                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    47,883,237.65     5.750000  %    808,890.26
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     6.575000  %          0.00
A-14  760944Z43    22,295,600.00    21,279,253.46     7.179544  %          0.00
A-15  760944Z50    15,911,200.00    15,185,886.80     6.675000  %          0.00
A-16  760944Z68     5,303,800.00     5,062,025.89     6.974997  %          0.00
A-17  760944Z76    29,322,000.00    24,219,438.96     5.875000  %    359,506.78
A-18  760944Z84             0.00             0.00     3.125000  %          0.00
A-19  760944Z92    49,683,000.00    47,898,455.05     6.750000  %     52,540.99
A-20  7609442A5     5,593,279.30     4,659,579.43     0.000000  %     19,508.47
A-21  7609442B3             0.00             0.00     0.158494  %          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    14,132,950.93     6.750000  %     15,502.78
M-2   7609442F4     5,330,500.00     5,139,035.76     6.750000  %      5,637.13
M-3   7609442G2     5,330,500.00     5,139,035.76     6.750000  %      5,637.13
B-1                 2,665,200.00     2,569,469.68     6.750000  %      2,818.51
B-2                   799,500.00       770,783.08     6.750000  %        845.49
B-3                 1,865,759.44     1,645,178.68     6.750000  %      1,804.65

- -------------------------------------------------------------------------------
                  533,047,438.74   457,246,740.28                  1,272,692.19
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3       229,169.96  1,038,060.22             0.00         0.00  47,074,347.39
A-4        63,414.52     63,414.52             0.00         0.00  11,287,000.00
A-5        86,804.32     86,804.32             0.00         0.00  20,857,631.08
A-6        30,381.51     30,381.51             0.00         0.00           0.00
A-7       204,866.21    204,866.21             0.00         0.00  37,443,000.00
A-8       115,170.91    115,170.91             0.00         0.00  20,499,000.00
A-9        13,315.53     13,315.53             0.00         0.00   2,370,000.00
A-10      269,789.10    269,789.10             0.00         0.00  48,019,128.22
A-11      116,485.61    116,485.61             0.00         0.00  20,733,000.00
A-12      270,934.03    270,934.03             0.00         0.00  48,222,911.15
A-13      285,843.46    285,843.46             0.00         0.00  52,230,738.70
A-14      127,162.66    127,162.66             0.00         0.00  21,279,253.46
A-15       84,371.89     84,371.89             0.00         0.00  15,185,886.80
A-16       29,388.32     29,388.32             0.00         0.00   5,062,025.89
A-17      118,434.52    477,941.30             0.00         0.00  23,859,932.18
A-18       62,997.09     62,997.09             0.00         0.00           0.00
A-19      269,111.11    321,652.10             0.00         0.00  47,845,914.06
A-20            0.00     19,508.47             0.00         0.00   4,640,070.96
A-21       60,321.21     60,321.21             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        79,404.11     94,906.89             0.00         0.00  14,117,448.15
M-2        28,872.99     34,510.12             0.00         0.00   5,133,398.63
M-3        28,872.99     34,510.12             0.00         0.00   5,133,398.63
B-1        14,436.23     17,254.74             0.00         0.00   2,566,651.17
B-2         4,330.54      5,176.03             0.00         0.00     769,937.59
B-3         9,243.24     11,047.89             0.00         0.00   1,643,374.03

- -------------------------------------------------------------------------------
        2,603,122.06  3,875,814.25             0.00         0.00 455,974,048.09
===============================================================================





















Run:        03/28/97     14:31:01
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    806.603963  13.625939     3.860420    17.486359   0.000000    792.978024
A-4   1000.000000   0.000000     5.618368     5.618368   0.000000   1000.000000
A-5    839.172443   0.000000     3.492429     3.492429   0.000000    839.172443
A-7   1000.000000   0.000000     5.471415     5.471415   0.000000   1000.000000
A-8   1000.000000   0.000000     5.618367     5.618367   0.000000   1000.000000
A-9   1000.000000   0.000000     5.618367     5.618367   0.000000   1000.000000
A-10   992.376792   0.000000     5.575537     5.575537   0.000000    992.376792
A-11  1000.000000   0.000000     5.618367     5.618367   0.000000   1000.000000
A-12   983.117799   0.000000     5.523517     5.523517   0.000000    983.117799
A-13   954.414928   0.000000     5.223232     5.223232   0.000000    954.414928
A-14   954.414928   0.000000     5.703487     5.703487   0.000000    954.414928
A-15   954.414928   0.000000     5.302673     5.302673   0.000000    954.414928
A-16   954.414927   0.000000     5.540993     5.540993   0.000000    954.414927
A-17   825.981821  12.260650     4.039101    16.299751   0.000000    813.721171
A-19   964.081377   1.057525     5.416563     6.474088   0.000000    963.023852
A-20   833.067541   3.487841     0.000000     3.487841   0.000000    829.579699
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    964.081376   1.057524     5.416563     6.474087   0.000000    963.023851
M-2    964.081373   1.057524     5.416563     6.474087   0.000000    963.023850
M-3    964.081373   1.057524     5.416563     6.474087   0.000000    963.023850
B-1    964.081375   1.057523     5.416565     6.474088   0.000000    963.023852
B-2    964.081401   1.057523     5.416560     6.474083   0.000000    963.023877
B-3    881.774276   0.967242     4.954133     5.921375   0.000000    880.807029

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:02                                        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                      100,278.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    48,797.36

SUBSERVICER ADVANCES THIS MONTH                                       32,742.22
MASTER SERVICER ADVANCES THIS MONTH                                    4,801.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   3,657,242.07

 (B)  TWO MONTHLY PAYMENTS:                                    1     224,761.08

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        895,563.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     455,974,048.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,599

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                 694,975.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      770,763.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.50479720 %     5.39366200 %    1.10154060 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.49390700 %     5.34772659 %    1.10338750 %
CLASS A-21 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1587 %

      BANKRUPTCY AMOUNT AVAILABLE                         141,216.00
      FRAUD AMOUNT AVAILABLE                            4,604,516.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,604,516.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.22901350
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.61

POOL TRADING FACTOR:                                                85.54098847


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


Run:        03/28/97     14:31:03                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    16,339,371.07    10.500000  %     78,196.42
A-2   760944V96    67,648,000.00    29,944,796.34     6.625000  %    729,833.29
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     0.125470  %          0.00
R     760944X37       267,710.00        21,560.84     7.000000  %         86.06
M-1   760944X45     7,801,800.00     7,545,472.22     7.000000  %      8,066.85
M-2   760944X52     2,600,600.00     2,515,157.40     7.000000  %      2,688.95
M-3   760944X60     2,600,600.00     2,515,157.40     7.000000  %      2,688.95
B-1                 1,300,350.00     1,257,627.06     7.000000  %      1,344.53
B-2                   390,100.00       377,283.28     7.000000  %        403.35
B-3                   910,233.77       801,610.19     7.000000  %        857.00

- -------------------------------------------------------------------------------
                  260,061,393.77   217,481,035.80                    824,165.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       142,802.37    220,998.79             0.00         0.00  16,261,174.65
A-2       165,126.97    894,960.26             0.00         0.00  29,214,963.05
A-3       112,405.11    112,405.11             0.00         0.00  20,384,000.00
A-4       290,431.34    290,431.34             0.00         0.00  52,668,000.00
A-5       272,983.84    272,983.84             0.00         0.00  49,504,000.00
A-6        58,725.44     58,725.44             0.00         0.00  10,079,000.00
A-7       112,352.68    112,352.68             0.00         0.00  19,283,000.00
A-8         6,117.84      6,117.84             0.00         0.00   1,050,000.00
A-9        18,615.71     18,615.71             0.00         0.00   3,195,000.00
A-10       22,712.81     22,712.81             0.00         0.00           0.00
R             125.62        211.68             0.00         0.00      21,474.78
M-1        43,963.80     52,030.65             0.00         0.00   7,537,405.37
M-2        14,654.60     17,343.55             0.00         0.00   2,512,468.45
M-3        14,654.60     17,343.55             0.00         0.00   2,512,468.45
B-1         7,327.58      8,672.11             0.00         0.00   1,256,282.53
B-2         2,198.25      2,601.60             0.00         0.00     376,879.93
B-3         4,670.59      5,527.59             0.00         0.00     800,753.19

- -------------------------------------------------------------------------------
        1,289,869.15  2,114,034.55             0.00         0.00 216,656,870.40
===============================================================================














































Run:        03/28/97     14:31:03
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    801.774919   3.837108     7.007330    10.844438   0.000000    797.937811
A-2    442.656048  10.788690     2.440973    13.229663   0.000000    431.867358
A-3   1000.000000   0.000000     5.514379     5.514379   0.000000   1000.000000
A-4   1000.000000   0.000000     5.514380     5.514380   0.000000   1000.000000
A-5   1000.000000   0.000000     5.514379     5.514379   0.000000   1000.000000
A-6   1000.000000   0.000000     5.826515     5.826515   0.000000   1000.000000
A-7   1000.000000   0.000000     5.826515     5.826515   0.000000   1000.000000
A-8   1000.000000   0.000000     5.826514     5.826514   0.000000   1000.000000
A-9   1000.000000   0.000000     5.826513     5.826513   0.000000   1000.000000
R       80.538045   0.321467     0.469239     0.790706   0.000000     80.216578
M-1    967.145046   1.033973     5.635084     6.669057   0.000000    966.111073
M-2    967.145043   1.033973     5.635084     6.669057   0.000000    966.111071
M-3    967.145043   1.033973     5.635084     6.669057   0.000000    966.111071
B-1    967.145046   1.033975     5.635083     6.669058   0.000000    966.111070
B-2    967.145040   1.033966     5.635094     6.669060   0.000000    966.111074
B-3    880.664085   0.941516     5.131198     6.072714   0.000000    879.722568

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:04                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S2 (POOL # 4144)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4144 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       44,479.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,858.84

SUBSERVICER ADVANCES THIS MONTH                                       36,283.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,803,757.70

 (B)  TWO MONTHLY PAYMENTS:                                    1     461,933.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        959,042.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     216,656,870.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          833

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      591,656.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.09718780 %     5.78247500 %    1.12033700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.07833720 %     5.79826628 %    1.12339650 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1257 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,187,032.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,187,032.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.49638203
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.28

POOL TRADING FACTOR:                                                83.30989358


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


Run:        03/28/97     14:31:05                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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   149,461,754.33     6.740102  %  2,345,405.16
A-2   7609442W7    76,450,085.00    93,512,304.13     6.740102  %          0.00
A-3   7609442R8             0.00             0.00     0.186000  %          0.00
R     7609442S6           100.00             0.00     6.740102  %          0.00
M-1   7609442T4     8,228,000.00     7,961,514.52     6.740102  %      8,488.97
M-2   7609442U1     2,992,100.00     2,895,192.98     6.740102  %      3,087.00
M-3   7609442V9     1,496,000.00     1,447,548.10     6.740102  %      1,543.45
B-1                 2,244,050.00     2,171,370.55     6.740102  %      2,315.23
B-2                 1,047,225.00     1,013,307.86     6.740102  %      1,080.44
B-3                 1,196,851.02     1,158,087.86     6.740102  %      1,234.82

- -------------------------------------------------------------------------------
                  299,203,903.02   259,621,080.33                  2,363,155.07
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       839,253.54  3,184,658.70             0.00         0.00 147,116,349.17
A-2             0.00          0.00       524,272.92         0.00  94,036,577.05
A-3        40,167.53     40,167.53             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        44,635.91     53,124.88             0.00         0.00   7,953,025.55
M-2        16,231.78     19,318.78             0.00         0.00   2,892,105.98
M-3         8,115.62      9,659.07             0.00         0.00   1,446,004.65
B-1        12,173.70     14,488.93             0.00         0.00   2,169,055.32
B-2         5,681.07      6,761.51             0.00         0.00   1,012,227.42
B-3         6,492.77      7,727.59             0.00         0.00   1,156,853.04

- -------------------------------------------------------------------------------
          972,751.92  3,335,906.99       524,272.92         0.00 257,782,198.18
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    727.132687  11.410416     4.082976    15.493392   0.000000    715.722271
A-2   1223.181166   0.000000     0.000000     0.000000   6.857715   1230.038882
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.612363   1.031717     5.424880     6.456597   0.000000    966.580645
M-2    967.612373   1.031717     5.424879     6.456596   0.000000    966.580656
M-3    967.612366   1.031718     5.424880     6.456598   0.000000    966.580648
B-1    967.612375   1.031719     5.424879     6.456598   0.000000    966.580656
B-2    967.612366   1.031717     5.424880     6.456597   0.000000    966.580649
B-3    967.612377   1.031716     5.424877     6.456593   0.000000    966.580653

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:06                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S3 (POOL # 4145)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4145 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       56,729.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    26,122.40

SUBSERVICER ADVANCES THIS MONTH                                       21,027.32
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,232,966.32

 (B)  TWO MONTHLY PAYMENTS:                                    1     238,745.43

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     476,528.65


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        113,785.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     257,782,198.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          953

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,562,060.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.58795450 %     4.73931300 %    1.67273250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.54909990 %     4.76803141 %    1.68286860 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,598,606.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,727,444.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.31271132
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.47

POOL TRADING FACTOR:                                                86.15602791


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


Run:        03/28/97     14:33:42                                    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    26,040,337.03     5.975000  %    109,131.38
A-2   7609442N7             0.00             0.00     4.025000  %          0.00
R     7609442P2           100.00             0.00    10.000000  %          0.00

- -------------------------------------------------------------------------------
                   36,569,304.65    26,040,337.03                    109,131.38
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       129,408.14    238,539.52             0.00         0.00  25,931,205.65
A-2        87,174.52     87,174.52             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          216,582.66    325,714.04             0.00         0.00  25,931,205.65
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    712.083768   2.984243     3.538719     6.522962   0.000000    709.099525
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-March-97    
DISTRIBUTION DATE        28-March-97    

Run:     03/28/97     14:33:42                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
                  MORTGAGE PASS-THROUGH CERTIFICATES 1994-RS4
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 8021 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                            0.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      25,931,205.65

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                 908,103.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       53,608.05

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:                                                70.90975860


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


Run:        03/28/97     14:31:07                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    82,176,261.18     6.500000  %    375,882.62
A-2   7609443C0    22,306,000.00    11,737,755.50     6.500000  %    185,136.21
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    24,684,541.32     6.500000  %     26,284.47
A-9   7609443K2             0.00             0.00     0.533154  %          0.00
R     7609443L0           100.00             0.00     6.500000  %          0.00
M-1   7609443M8     6,635,000.00     6,422,820.88     6.500000  %      6,839.12
M-2   7609443N6     3,317,000.00     3,210,926.43     6.500000  %      3,419.04
M-3   7609443P1     1,990,200.00     1,926,555.88     6.500000  %      2,051.43
B-1                 1,326,800.00     1,284,370.57     6.500000  %      1,367.62
B-2                   398,000.00       385,272.46     6.500000  %        410.24
B-3                   928,851.36       756,583.97     6.500000  %        805.62

- -------------------------------------------------------------------------------
                  265,366,951.36   231,917,088.19                    602,196.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       444,863.25    820,745.87             0.00         0.00  81,800,378.56
A-2        63,542.64    248,678.85             0.00         0.00  11,552,619.29
A-3       173,454.76    173,454.76             0.00         0.00  32,041,000.00
A-4       243,522.01    243,522.01             0.00         0.00  44,984,000.00
A-5        56,842.01     56,842.01             0.00         0.00  10,500,000.00
A-6        58,287.43     58,287.43             0.00         0.00  10,767,000.00
A-7         5,630.06      5,630.06             0.00         0.00   1,040,000.00
A-8       133,630.38    159,914.85             0.00         0.00  24,658,256.85
A-9       102,979.89    102,979.89             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        34,770.10     41,609.22             0.00         0.00   6,415,981.76
M-2        17,382.43     20,801.47             0.00         0.00   3,207,507.39
M-3        10,429.46     12,480.89             0.00         0.00   1,924,504.45
B-1         6,952.98      8,320.60             0.00         0.00   1,283,002.95
B-2         2,085.68      2,495.92             0.00         0.00     384,862.22
B-3         4,095.80      4,901.42             0.00         0.00     755,778.35

- -------------------------------------------------------------------------------
        1,358,468.88  1,960,665.25             0.00         0.00 231,314,891.82
===============================================================================

















































Run:        03/28/97     14:31:07
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    792.954572   3.627055     4.292679     7.919734   0.000000    789.327517
A-2    526.215166   8.299839     2.848679    11.148518   0.000000    517.915327
A-3   1000.000000   0.000000     5.413525     5.413525   0.000000   1000.000000
A-4   1000.000000   0.000000     5.413525     5.413525   0.000000   1000.000000
A-5   1000.000000   0.000000     5.413525     5.413525   0.000000   1000.000000
A-6   1000.000000   0.000000     5.413526     5.413526   0.000000   1000.000000
A-7   1000.000000   0.000000     5.413519     5.413519   0.000000   1000.000000
A-8    968.021228   1.030764     5.240407     6.271171   0.000000    966.990465
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.021233   1.030764     5.240407     6.271171   0.000000    966.990469
M-2    968.021233   1.030763     5.240407     6.271170   0.000000    966.990470
M-3    968.021244   1.030766     5.240408     6.271174   0.000000    966.990478
B-1    968.021232   1.030766     5.240413     6.271179   0.000000    966.990466
B-2    968.021256   1.030754     5.240402     6.271156   0.000000    966.990503
B-3    814.537183   0.867329     4.409511     5.276840   0.000000    813.669853

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:08                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S5 (POOL # 4146)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4146 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       53,696.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    24,694.69

SUBSERVICER ADVANCES THIS MONTH                                       34,172.91
MASTER SERVICER ADVANCES THIS MONTH                                    1,871.60


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,470,515.78

 (B)  TWO MONTHLY PAYMENTS:                                    1     364,653.12

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     250,844.17


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        948,827.84

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     231,314,891.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          822

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                 260,175.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      355,247.59

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.96916790 %     4.98467100 %    1.04616140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.95990590 %     4.99232605 %    1.04776800 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5335 %

      BANKRUPTCY AMOUNT AVAILABLE                         109,256.00
      FRAUD AMOUNT AVAILABLE                            2,318,827.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,767,680.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.43684074
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.79

POOL TRADING FACTOR:                                                87.16793506


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


Run:        03/28/97     14:31:09                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    55,402,798.12     7.978820  %    829,675.88
M-1   7609442K3     3,625,500.00     3,141,216.96     7.978820  %     47,040.80
M-2   7609442L1     2,416,900.00     2,094,058.00     7.978820  %     31,359.24
R     7609442J6           100.00             0.00     7.978820  %          0.00
B-1                   886,200.00       767,824.13     7.978820  %     11,498.43
B-2                   322,280.00       279,230.84     7.978820  %      4,181.58
B-3                   805,639.55       388,303.75     7.978820  %      5,814.97

- -------------------------------------------------------------------------------
                  161,126,619.55    62,073,431.80                    929,570.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         365,150.70  1,194,826.58             0.00         0.00  54,573,122.24
M-1        20,703.24     67,744.04             0.00         0.00   3,094,176.16
M-2        13,801.59     45,160.83             0.00         0.00   2,062,698.76
R               0.00          0.00             0.00         0.00           0.00
B-1         5,060.61     16,559.04             0.00         0.00     756,325.70
B-2         1,840.36      6,021.94             0.00         0.00     275,049.26
B-3         2,559.25      8,374.22             0.00         0.00     378,781.56

- -------------------------------------------------------------------------------
          409,115.75  1,338,686.65             0.00         0.00  61,140,153.68
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      361.944196   5.420238     2.385514     7.805752   0.000000    356.523958
M-1    866.423103  12.974983     5.710451    18.685434   0.000000    853.448120
M-2    866.423104  12.974984     5.710451    18.685435   0.000000    853.448120
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    866.423076  12.974983     5.710460    18.685443   0.000000    853.448093
B-2    866.423110  12.974991     5.710438    18.685429   0.000000    853.448120
B-3    481.981986   7.217831     3.176669    10.394500   0.000000    470.162568

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S6 (POOL # 4147)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4147 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,352.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,499.83

SUBSERVICER ADVANCES THIS MONTH                                       16,365.64
MASTER SERVICER ADVANCES THIS MONTH                                    2,484.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4   1,082,083.43

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     110,092.83


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        995,455.01

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,140,153.68

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 331,882.69

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      615,650.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.25364120 %     8.43400300 %    2.31235600 %
PREPAYMENT PERCENT           89.25364120 %     0.00000000 %   10.74635880 %
NEXT DISTRIBUTION            89.25905310 %     8.43451416 %    2.30643270 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              617,932.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,905,524.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.42529937
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.40

POOL TRADING FACTOR:                                                37.94540831


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


Run:        03/28/97     14:33:43                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-MZ1 (POOL # 8022)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   8022 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443Q9    49,500,000.00    44,554,953.42     6.470000  %    168,248.47
A-2   7609443R7    61,308,403.22    61,308,403.22     6.470000  %          0.00
A-3   7609443S5     5,000,000.00     6,033,225.65     6.470000  %          0.00
S-1   7609443T3             0.00             0.00     0.500000  %          0.00
S-2   7609443U0             0.00             0.00     0.250000  %          0.00
R     7609443V8           100.00             0.00     6.470000  %          0.00

- -------------------------------------------------------------------------------
                  115,808,503.22   111,896,582.29                    168,248.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       239,777.22    408,025.69             0.00         0.00  44,386,704.95
A-2       329,937.69    329,937.69             0.00         0.00  61,308,403.22
A-3             0.00          0.00        32,468.44         0.00   6,065,694.09
S-1        14,676.10     14,676.10             0.00         0.00           0.00
S-2         5,103.67      5,103.67             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          589,494.68    757,743.15        32,468.44         0.00 111,760,802.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    900.100069   3.398959     4.843984     8.242943   0.000000    896.701110
A-2   1000.000000   0.000000     5.381606     5.381606   0.000000   1000.000000
A-3   1206.645130   0.000000     0.000000     0.000000   6.493688   1213.138818
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000

_______________________________________________________________________________


DETERMINATION DATE       25-March-97    
DISTRIBUTION DATE        28-March-97    

Run:     03/28/97     14:33:44                                        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                     2,797.41

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     111,760,802.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            0

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               2,131,699.54

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                            0.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

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

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                                0.00

POOL TRADING FACTOR:                                                96.50483268


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


Run:        03/28/97     14:31:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,005,494.45     5.500000  %  1,254,803.58
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    28,544,197.76     5.875000  %    501,921.43
A-9   7609445W4             0.00             0.00     3.125000  %          0.00
A-10  7609445X2    43,420,000.00    35,718,671.52     6.500000  %    241,976.39
A-11  7609445Y0    66,266,000.00    66,266,000.00     6.500000  %          0.00
A-12  7609445Z7    32,444,000.00    39,184,818.09     6.500000  %          0.00
A-13  7609446A1     4,623,000.00     5,583,510.49     6.500000  %          0.00
A-14  7609446B9       478,414.72       389,360.52     0.000000  %      1,568.30
A-15  7609446C7             0.00             0.00     0.501812  %          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    11,328,867.23     6.500000  %     12,019.65
M-2   7609446G8     4,252,700.00     4,119,385.52     6.500000  %      4,370.57
M-3   7609446H6     4,252,700.00     4,119,385.52     6.500000  %      4,370.57
B-1                 2,126,300.00     2,059,644.31     6.500000  %      2,185.23
B-2                   638,000.00       617,999.86     6.500000  %        655.68
B-3                 1,488,500.71     1,412,117.83     6.500000  %      1,498.23

- -------------------------------------------------------------------------------
                  425,269,315.43   370,575,090.44                  2,025,369.63
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       219,554.52  1,474,358.10             0.00         0.00  46,750,690.87
A-3       207,879.37    207,879.37             0.00         0.00  41,665,000.00
A-4        52,439.67     52,439.67             0.00         0.00  10,090,000.00
A-5        39,694.91     39,694.91             0.00         0.00   7,344,000.00
A-6       243,621.20    243,621.20             0.00         0.00  45,072,637.34
A-7       102,988.39    102,988.39             0.00         0.00  19,054,000.00
A-8       139,448.69    641,370.12             0.00         0.00  28,042,276.33
A-9        74,174.84     74,174.84             0.00         0.00           0.00
A-10      193,062.27    435,038.66             0.00         0.00  35,476,695.13
A-11      358,173.02    358,173.02             0.00         0.00  66,266,000.00
A-12            0.00          0.00       211,797.07         0.00  39,396,615.16
A-13            0.00          0.00        30,179.32         0.00   5,613,689.81
A-14            0.00      1,568.30             0.00         0.00     387,792.22
A-15      154,634.37    154,634.37             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        61,233.43     73,253.08             0.00         0.00  11,316,847.58
M-2        22,265.61     26,636.18             0.00         0.00   4,115,014.95
M-3        22,265.61     26,636.18             0.00         0.00   4,115,014.95
B-1        11,132.55     13,317.78             0.00         0.00   2,057,459.08
B-2         3,340.34      3,996.02             0.00         0.00     617,344.18
B-3         7,632.65      9,130.88             0.00         0.00   1,410,619.60

- -------------------------------------------------------------------------------
        1,913,541.44  3,938,911.07       241,976.39         0.00 368,791,697.20
===============================================================================



































Run:        03/28/97     14:31:10
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    834.660427  21.816980     3.817344    25.634324   0.000000    812.843447
A-3   1000.000000   0.000000     4.989304     4.989304   0.000000   1000.000000
A-4   1000.000000   0.000000     5.197192     5.197192   0.000000   1000.000000
A-5   1000.000000   0.000000     5.405080     5.405080   0.000000   1000.000000
A-6    991.980926   0.000000     5.361736     5.361736   0.000000    991.980926
A-7   1000.000000   0.000000     5.405080     5.405080   0.000000   1000.000000
A-8    568.790805  10.001623     2.778748    12.780371   0.000000    558.789182
A-10   822.631772   5.572925     4.446390    10.019315   0.000000    817.058847
A-11  1000.000000   0.000000     5.405080     5.405080   0.000000   1000.000000
A-12  1207.767787   0.000000     0.000000     0.000000   6.528081   1214.295869
A-13  1207.767789   0.000000     0.000000     0.000000   6.528081   1214.295871
A-14   813.855644   3.278118     0.000000     3.278118   0.000000    810.577526
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    968.651809   1.027716     5.235640     6.263356   0.000000    967.624093
M-2    968.651802   1.027717     5.235641     6.263358   0.000000    967.624086
M-3    968.651802   1.027717     5.235641     6.263358   0.000000    967.624086
B-1    968.651794   1.027715     5.235644     6.263359   0.000000    967.624079
B-2    968.651818   1.027712     5.235643     6.263355   0.000000    967.624107
B-3    948.684687   1.006530     5.127717     6.134247   0.000000    947.678151

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:11                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S7 (POOL # 4148)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4148 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       72,691.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    38,866.53

SUBSERVICER ADVANCES THIS MONTH                                       57,720.76
MASTER SERVICER ADVANCES THIS MONTH                                   14,941.09


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,709,407.88

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,248,308.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     606,450.26


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,809,983.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     368,791,697.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,299

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       5

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               2,116,104.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,390,187.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.60931600 %     5.28589800 %    1.10478650 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.58521990 %     5.30024879 %    1.10895210 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5013 %

      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                          7.35644595
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.42

POOL TRADING FACTOR:                                                86.71956424


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


Run:        03/28/97     14:31:12                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    15,242,225.48     6.000000  %    373,523.40
A-2   7609445A2    54,914,000.00    30,991,296.18     6.000000  %    281,432.22
A-3   7609445B0    15,096,000.00     9,693,359.12     6.000000  %    137,318.55
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     5.940000  %          0.00
A-8   7609445G9     3,452,000.00     3,156,682.26     6.102844  %          0.00
A-9   7609445H7             0.00             0.00     0.323170  %          0.00
R     7609445J3           100.00             0.00     6.000000  %          0.00
M-1   7609445K0       775,800.00       673,635.15     6.000000  %      3,230.96
M-2   7609445L8     2,868,200.00     2,490,487.66     6.000000  %     11,945.14
B                     620,201.82       538,527.66     6.000000  %      2,582.93

- -------------------------------------------------------------------------------
                  155,035,301.82   120,975,108.57                    810,033.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        76,140.47    449,663.87             0.00         0.00  14,868,702.08
A-2       154,812.82    436,245.04             0.00         0.00  30,709,863.96
A-3        48,421.87    185,740.42             0.00         0.00   9,556,040.57
A-4        31,086.15     31,086.15             0.00         0.00   6,223,000.00
A-5        46,214.23     46,214.23             0.00         0.00   9,251,423.55
A-6       186,345.43    186,345.43             0.00         0.00  37,303,669.38
A-7        26,758.64     26,758.64             0.00         0.00   5,410,802.13
A-8        16,039.07     16,039.07             0.00         0.00   3,156,682.26
A-9        32,549.40     32,549.40             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         3,365.06      6,596.02             0.00         0.00     670,404.19
M-2        12,440.90     24,386.04             0.00         0.00   2,478,542.52
B           2,690.11      5,273.04             0.00         0.00     535,944.73

- -------------------------------------------------------------------------------
          636,864.15  1,446,897.35             0.00         0.00 120,165,075.37
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    891.984169  21.858813     4.455786    26.314599   0.000000    870.125356
A-2    564.360567   5.124963     2.819187     7.944150   0.000000    559.235604
A-3    642.114409   9.096353     3.207596    12.303949   0.000000    633.018056
A-4   1000.000000   0.000000     4.995364     4.995364   0.000000   1000.000000
A-5    972.298849   0.000000     4.856987     4.856987   0.000000    972.298849
A-6    967.268303   0.000000     4.831858     4.831858   0.000000    967.268303
A-7    914.450250   0.000000     4.522332     4.522332   0.000000    914.450250
A-8    914.450249   0.000000     4.646312     4.646312   0.000000    914.450249
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    868.310325   4.164682     4.337535     8.502217   0.000000    864.145643
M-2    868.310320   4.164682     4.337529     8.502211   0.000000    864.145638
B      868.310351   4.164628     4.337524     8.502152   0.000000    864.145723

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:13                                        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                       25,253.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,830.15

SUBSERVICER ADVANCES THIS MONTH                                        2,644.63
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     246,036.25

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     120,165,075.37

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          499

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      229,799.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.93932870 %     2.61551600 %    0.44515580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.93347550 %     2.62051740 %    0.44600710 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3235 %

      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                          6.69919492
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.75

POOL TRADING FACTOR:                                                77.50820230


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


Run:        03/28/97     14:31:14                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-S9 (POOL # 4150)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4150 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609443W6    19,785,000.00     9,798,624.61     6.500000  %    334,666.46
A-2   7609443X4    70,702,000.00    37,736,223.24     6.500000  %  1,104,759.19
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    28,569,752.46     6.500000  %     30,586.06
A-9   7609444E5             0.00             0.00     0.445398  %          0.00
R     7609444F2           100.00             0.00     6.500000  %          0.00
M-1   7609444G0     8,605,600.00     8,334,232.61     6.500000  %      8,922.42
M-2   7609444H8     3,129,000.00     3,030,330.70     6.500000  %      3,244.20
M-3   7609444J4     3,129,000.00     3,030,330.70     6.500000  %      3,244.20
B-1                 1,251,600.00     1,212,132.28     6.500000  %      1,297.68
B-2                   625,800.00       606,066.14     6.500000  %        648.84
B-3                 1,251,647.88     1,129,387.89     6.500000  %      1,209.09

- -------------------------------------------------------------------------------
                  312,906,747.88   268,374,080.63                  1,488,578.14
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        52,973.13    387,639.59             0.00         0.00   9,463,958.15
A-2       204,008.82  1,308,768.01             0.00         0.00  36,631,464.05
A-3        60,619.50     60,619.50             0.00         0.00  11,213,000.00
A-4       441,976.86    441,976.86             0.00         0.00  81,754,000.00
A-5       342,546.39    342,546.39             0.00         0.00  63,362,000.00
A-6        95,137.96     95,137.96             0.00         0.00  17,598,000.00
A-7         5,406.18      5,406.18             0.00         0.00   1,000,000.00
A-8       154,453.23    185,039.29             0.00         0.00  28,539,166.40
A-9        99,418.30     99,418.30             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        45,056.36     53,978.78             0.00         0.00   8,325,310.19
M-2        16,382.51     19,626.71             0.00         0.00   3,027,086.50
M-3        16,382.51     19,626.71             0.00         0.00   3,027,086.50
B-1         6,553.01      7,850.69             0.00         0.00   1,210,834.60
B-2         3,276.50      3,925.34             0.00         0.00     605,417.30
B-3         6,105.68      7,314.77             0.00         0.00   1,128,178.80

- -------------------------------------------------------------------------------
        1,550,296.94  3,038,875.08             0.00         0.00 266,885,502.49
===============================================================================















































Run:        03/28/97     14:31:14
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    495.255224  16.915161     2.677439    19.592600   0.000000    478.340063
A-2    533.736291  15.625572     2.885475    18.511047   0.000000    518.110719
A-3   1000.000000   0.000000     5.406180     5.406180   0.000000   1000.000000
A-4   1000.000000   0.000000     5.406180     5.406180   0.000000   1000.000000
A-5   1000.000000   0.000000     5.406180     5.406180   0.000000   1000.000000
A-6   1000.000000   0.000000     5.406180     5.406180   0.000000   1000.000000
A-7   1000.000000   0.000000     5.406180     5.406180   0.000000   1000.000000
A-8    968.466185   1.036816     5.235703     6.272519   0.000000    967.429370
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.466186   1.036816     5.235702     6.272518   0.000000    967.429370
M-2    968.466187   1.036817     5.235702     6.272519   0.000000    967.429370
M-3    968.466187   1.036817     5.235702     6.272519   0.000000    967.429370
B-1    968.466187   1.036817     5.235706     6.272523   0.000000    967.429370
B-2    968.466187   1.036817     5.235698     6.272515   0.000000    967.429370
B-3    902.320779   0.965999     4.878113     5.844112   0.000000    901.354780

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:15                                        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                       56,226.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    28,780.15

SUBSERVICER ADVANCES THIS MONTH                                       34,488.40
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,048,210.58

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     825,308.24


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,206,803.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     266,885,502.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          942

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,201,263.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.53794510 %     5.36374200 %    1.09831260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.50885910 %     5.38788471 %    1.10325610 %

CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4451 %

      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                          7.32193891
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.35

POOL TRADING FACTOR:                                                85.29234486


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


Run:        03/28/97     14:31:16                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    24,873,164.91     6.000000  %    695,877.51
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     6.092000  %          0.00
A-8   7609444S4     5,178,948.00     4,846,170.25     7.383532  %          0.00
A-9   7609444T2    16,947,000.00    16,947,000.00     6.500000  %          0.00
A-10  7609444U9             0.00             0.00     0.193670  %          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       684,152.03     6.500000  %      3,270.40
M-2   7609444Y1     2,903,500.00     2,530,490.97     6.500000  %     12,096.31
B                     627,984.63       547,308.17     6.500000  %      2,616.25

- -------------------------------------------------------------------------------
                  156,939,684.63   119,250,426.58                    713,860.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2       124,222.98    820,100.49             0.00         0.00  24,177,287.40
A-3       151,469.12    151,469.12             0.00         0.00  28,657,000.00
A-4        25,591.40     25,591.40             0.00         0.00   4,730,000.00
A-5        13,929.92     13,929.92             0.00         0.00           0.00
A-6       134,910.03    134,910.03             0.00         0.00  24,935,106.59
A-7        53,243.95     53,243.95             0.00         0.00  10,500,033.66
A-8        29,783.96     29,783.96             0.00         0.00   4,846,170.25
A-9        91,690.82     91,690.82             0.00         0.00  16,947,000.00
A-10       19,223.95     19,223.95             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         3,701.56      6,971.96             0.00         0.00     680,881.63
M-2        13,691.09     25,787.40             0.00         0.00   2,518,394.66
B           2,961.21      5,577.46             0.00         0.00     544,691.92

- -------------------------------------------------------------------------------
          664,421.88  1,378,282.35             0.00         0.00 118,536,566.11
===============================================================================
_______________________________________________________________________________



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    849.754532  23.773616     4.243893    28.017509   0.000000    825.980916
A-3   1000.000000   0.000000     5.285589     5.285589   0.000000   1000.000000
A-4   1000.000000   0.000000     5.410444     5.410444   0.000000   1000.000000
A-6    974.560564   0.000000     5.272807     5.272807   0.000000    974.560564
A-7    935.744141   0.000000     4.745005     4.745005   0.000000    935.744141
A-8    935.744141   0.000000     5.750967     5.750967   0.000000    935.744142
A-9   1000.000000   0.000000     5.410446     5.410446   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    871.531248   4.166115     4.715363     8.881478   0.000000    867.365134
M-2    871.531245   4.166113     4.715375     8.881488   0.000000    867.365132
B      871.531155   4.166105     4.715386     8.881491   0.000000    867.365050

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:17                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S10 (POOL # 4151)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4151 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,289.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,658.28

SUBSERVICER ADVANCES THIS MONTH                                        9,176.76
MASTER SERVICER ADVANCES THIS MONTH                                    2,496.28


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     646,845.88

 (B)  TWO MONTHLY PAYMENTS:                                    1     264,146.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     118,536,566.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          516

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 242,993.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      143,817.08

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.84533530 %     2.69570800 %    0.45895700 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.84150780 %     2.69897838 %    0.45951380 %

CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.1937 %

      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                          7.09412144
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              137.70

POOL TRADING FACTOR:                                                75.53001421


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


Run:        03/28/97     14:31:17                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   121,999,826.76     6.991117  %  1,294,999.47
A-2   760947LS8    99,787,000.00    72,898,183.88     6.991117  %    773,797.08
A-3   7609446Y9   100,000,000.00   121,806,594.88     6.991117  %          0.00
A-4   7609446Z6             0.00             0.00     0.133000  %          0.00
R     7609447A0           100.00             0.00     6.991117  %          0.00
M-1   7609447B8    10,702,300.00    10,374,358.85     6.991117  %     10,922.74
M-2   7609447C6     3,891,700.00     3,772,450.04     6.991117  %      3,971.86
M-3   7609447D4     3,891,700.00     3,772,450.04     6.991117  %      3,971.86
B-1                 1,751,300.00     1,697,636.43     6.991117  %      1,787.37
B-2                   778,400.00       754,548.16     6.991117  %        794.43
B-3                 1,362,164.15     1,320,424.60     6.991117  %      1,390.23

- -------------------------------------------------------------------------------
                  389,164,664.15   338,396,473.64                  2,091,635.04
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       709,871.43  2,004,870.90             0.00         0.00 120,704,827.29
A-2       424,167.31  1,197,964.39             0.00         0.00  72,124,386.80
A-3             0.00          0.00       708,747.09         0.00 122,515,341.97
A-4        37,458.59     37,458.59             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        60,364.52     71,287.26             0.00         0.00  10,363,436.11
M-2        21,950.47     25,922.33             0.00         0.00   3,768,478.18
M-3        21,950.47     25,922.33             0.00         0.00   3,768,478.18
B-1         9,877.91     11,665.28             0.00         0.00   1,695,849.06
B-2         4,390.44      5,184.87             0.00         0.00     753,753.73
B-3         7,683.06      9,073.29             0.00         0.00   1,319,034.37

- -------------------------------------------------------------------------------
        1,297,714.20  3,389,349.24       708,747.09         0.00 337,013,585.69
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    730.537885   7.754488     4.250727    12.005215   0.000000    722.783397
A-2    730.537884   7.754488     4.250727    12.005215   0.000000    722.783397
A-3   1218.065949   0.000000     0.000000     0.000000   7.087471   1225.153420
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    969.357881   1.020597     5.640332     6.660929   0.000000    968.337284
M-2    969.357874   1.020598     5.640329     6.660927   0.000000    968.337277
M-3    969.357874   1.020598     5.640329     6.660927   0.000000    968.337277
B-1    969.357866   1.020596     5.640330     6.660926   0.000000    968.337270
B-2    969.357862   1.020594     5.640339     6.660933   0.000000    968.337269
B-3    969.357915   1.020597     5.640333     6.660930   0.000000    968.337318

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:18                                        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                       64,297.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,047.08

SUBSERVICER ADVANCES THIS MONTH                                       29,423.62
MASTER SERVICER ADVANCES THIS MONTH                                    2,237.42


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   2,743,064.39

 (B)  TWO MONTHLY PAYMENTS:                                    3     496,270.97

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     374,008.93


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        635,297.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     337,013,585.69

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,329

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                 292,011.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,026,603.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.58980670 %     5.29534400 %    1.11484890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.57028010 %     5.31147504 %    1.11824490 %

      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                          7.43316518
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.43

POOL TRADING FACTOR:                                                86.59922566


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


Run:        03/28/97     14:31:19                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,888,546.00     6.500000  %    871,529.30
A-2   760947AB7    16,923,000.00    16,923,000.00     6.500000  %          0.00
A-3   760947AC5    28,000,000.00    16,227,645.10     6.500000  %    400,850.57
A-4   760947AD3    73,800,000.00    70,119,237.64     6.500000  %     85,750.11
A-5   760947AE1    13,209,000.00    15,866,574.58     6.500000  %          0.00
A-6   760947AF8     1,749,506.64     1,319,271.92     0.000000  %     19,058.76
A-7   760947AG6             0.00             0.00     0.045000  %          0.00
A-8   760947AH4             0.00             0.00     0.215446  %          0.00
R     760947AJ0           100.00             0.00     6.500000  %          0.00
M-1   760947AK7       909,200.00       796,302.85     6.500000  %      3,729.43
M-2   760947AL5     2,907,400.00     2,546,382.37     6.500000  %     11,925.81
B                     726,864.56       636,608.30     6.500000  %      2,981.50

- -------------------------------------------------------------------------------
                  181,709,071.20   142,323,568.76                  1,395,825.48
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        96,677.75    968,207.05             0.00         0.00  17,017,016.70
A-2        91,459.50     91,459.50             0.00         0.00  16,923,000.00
A-3        87,701.49    488,552.06             0.00         0.00  15,826,794.53
A-4       378,955.89    464,706.00             0.00         0.00  70,033,487.53
A-5             0.00          0.00        85,750.11         0.00  15,952,324.69
A-6             0.00     19,058.76             0.00         0.00   1,300,213.16
A-7         5,325.09      5,325.09             0.00         0.00           0.00
A-8        25,494.91     25,494.91             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         4,303.58      8,033.01             0.00         0.00     792,573.42
M-2        13,761.79     25,687.60             0.00         0.00   2,534,456.56
B           3,440.46      6,421.96             0.00         0.00     633,626.80

- -------------------------------------------------------------------------------
          707,120.46  2,102,945.94        85,750.11         0.00 141,013,493.39
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    411.382256  20.042528     2.223295    22.265823   0.000000    391.339727
A-2   1000.000000   0.000000     5.404450     5.404450   0.000000   1000.000000
A-3    579.558754  14.316092     3.132196    17.448288   0.000000    565.242662
A-4    950.125171   1.161926     5.134904     6.296830   0.000000    948.963246
A-5   1201.194230   0.000000     0.000000     0.000000   6.491794   1207.686024
A-6    754.082259  10.893791     0.000000    10.893791   0.000000    743.188468
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    875.828036   4.101881     4.733370     8.835251   0.000000    871.726155
M-2    875.828015   4.101881     4.733367     8.835248   0.000000    871.726133
B      875.827953   4.101878     4.733358     8.835236   0.000000    871.726089

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:20                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S12 (POOL # 4153)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4153 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       26,772.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,861.25

SUBSERVICER ADVANCES THIS MONTH                                       19,727.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,611,398.67

 (B)  TWO MONTHLY PAYMENTS:                                    1      70,064.25

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        224,200.40

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     141,013,493.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          608

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      643,309.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         97.17789200 %     2.37062600 %    0.45148150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            97.16515370 %     2.35936994 %    0.45351940 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.2157 %

      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                          7.00700627
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              139.03

POOL TRADING FACTOR:                                                77.60399217


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


Run:        03/28/97     14:31:21                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   131,408,835.42     7.000000  %  1,151,261.21
A-2   760947AS0    49,338,300.00    49,338,300.00     7.000000  %          0.00
A-3   760947AT8    12,500,000.00     8,875,612.52     7.000000  %     56,532.84
A-4   760947BA8   100,000,000.00   121,154,350.56     7.000000  %          0.00
A-5   760947AU5     2,381,928.79     2,157,474.05     0.000000  %      2,721.90
A-6   760947AV3             0.00             0.00     0.356825  %          0.00
R     760947AW1           100.00             0.00     7.000000  %          0.00
M-1   760947AX9    11,822,000.00    11,466,572.33     7.000000  %     11,596.26
M-2   760947AY7     3,940,650.00     3,822,174.58     7.000000  %      3,865.40
M-3   760947AZ4     3,940,700.00     3,822,223.09     7.000000  %      3,865.45
B-1                 2,364,500.00     2,293,411.44     7.000000  %      2,319.35
B-2                   788,200.00       764,502.82     7.000000  %        773.15
B-3                 1,773,245.53     1,605,325.23     7.000000  %      1,623.50

- -------------------------------------------------------------------------------
                  394,067,185.32   336,708,782.04                  1,234,559.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       766,125.11  1,917,386.32             0.00         0.00 130,257,574.21
A-2       287,646.64    287,646.64             0.00         0.00  49,338,300.00
A-3        51,745.61    108,278.45             0.00         0.00   8,819,079.68
A-4             0.00          0.00       706,340.55         0.00 121,860,691.11
A-5             0.00      2,721.90             0.00         0.00   2,154,752.15
A-6       100,065.93    100,065.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        66,851.13     78,447.39             0.00         0.00  11,454,976.07
M-2        22,283.62     26,149.02             0.00         0.00   3,818,309.18
M-3        22,283.90     26,149.35             0.00         0.00   3,818,357.64
B-1        13,370.79     15,690.14             0.00         0.00   2,291,092.09
B-2         4,457.12      5,230.27             0.00         0.00     763,729.67
B-3         9,359.19     10,982.69             0.00         0.00   1,603,701.73

- -------------------------------------------------------------------------------
        1,344,189.04  2,578,748.10       706,340.55         0.00 336,180,563.53
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    640.339135   5.609955     3.733234     9.343189   0.000000    634.729180
A-2   1000.000000   0.000000     5.830088     5.830088   0.000000   1000.000000
A-3    710.049002   4.522627     4.139649     8.662276   0.000000    705.526374
A-4   1211.543506   0.000000     0.000000     0.000000   7.063406   1218.606911
A-5    905.767653   1.142729     0.000000     1.142729   0.000000    904.624924
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    969.935064   0.980905     5.654807     6.635712   0.000000    968.954159
M-2    969.935056   0.980904     5.654808     6.635712   0.000000    968.954152
M-3    969.935060   0.980904     5.654808     6.635712   0.000000    968.954155
B-1    969.935056   0.980905     5.654807     6.635712   0.000000    968.954151
B-2    969.935067   0.980906     5.654808     6.635714   0.000000    968.954161
B-3    905.303413   0.915542     5.278000     6.193542   0.000000    904.387860

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:21                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S13 (POOL # 4154)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4154 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,862.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    23,557.66

SUBSERVICER ADVANCES THIS MONTH                                       57,678.32
MASTER SERVICER ADVANCES THIS MONTH                                    3,623.44


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    14   3,656,662.82

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,663,008.11

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     223,712.54


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      2,367,964.27

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     336,180,563.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,266

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                 465,223.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      187,506.42

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.89370300 %     5.71241800 %    1.39387870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.88972120 %     5.67898474 %    1.39465970 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3569 %

      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                          7.59903988
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.89

POOL TRADING FACTOR:                                                85.31046889


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


Run:        03/28/97     14:31:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   116,940,335.96     6.500000  %  1,430,302.04
A-2   760947BC4     1,321,915.43     1,064,888.25     0.000000  %      8,671.86
A-3   760947BD2             0.00             0.00     0.306208  %          0.00
R     760947BE0           100.00             0.00     6.500000  %          0.00
M-1   760947BF7     1,168,000.00     1,025,647.78     6.500000  %      4,888.63
M-2   760947BG5     2,491,000.00     2,187,404.59     6.500000  %     10,426.00
B                     622,704.85       546,811.50     6.500000  %      2,606.30

- -------------------------------------------------------------------------------
                  155,671,720.28   121,765,088.08                  1,456,894.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       633,095.08  2,063,397.12             0.00         0.00 115,510,033.92
A-2             0.00      8,671.86             0.00         0.00   1,056,216.39
A-3        31,054.93     31,054.93             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         5,552.68     10,441.31             0.00         0.00   1,020,759.15
M-2        11,842.23     22,268.23             0.00         0.00   2,176,978.59
B           2,960.35      5,566.65             0.00         0.00     544,205.20

- -------------------------------------------------------------------------------
          684,505.27  2,141,400.10             0.00         0.00 120,308,193.25
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    779.248980   9.531026     4.218721    13.749747   0.000000    769.717954
A-2    805.564581   6.560072     0.000000     6.560072   0.000000    799.004510
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    878.123099   4.185471     4.754007     8.939478   0.000000    873.937628
M-2    878.123079   4.185468     4.754006     8.939474   0.000000    873.937611
B      878.123079   4.185466     4.754018     8.939484   0.000000    873.937629

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:23                                        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                       23,365.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,938.26

SUBSERVICER ADVANCES THIS MONTH                                       11,121.23
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     816,956.03

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        294,457.33

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     120,308,193.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          526

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      876,380.70

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.88495640 %     2.66201100 %    0.45303280 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.86215440 %     2.65795508 %    0.45634900 %
CLASS A-3  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3082 %

      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                          7.04746191
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.65

POOL TRADING FACTOR:                                                77.28326830


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


Run:        03/28/97     14:31:24                                    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-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    12,544,389.23     7.750000  %    227,786.70
A-2   760947BS9    40,324,000.00    28,228,205.77     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     2,675,584.35     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    26,246,419.86     7.750000  %          0.00
A-8   760947BY6    15,537,000.00     7,643,392.85     7.750000  %    138,792.19
A-9   760947BZ3     2,074,847.12     1,919,814.69     0.000000  %      2,806.21
A-10  760947CE9             0.00             0.00     0.318556  %          0.00
R     760947CA7       355,000.00        37,600.65     7.750000  %         65.72
M-1   760947CB5     4,463,000.00     4,344,778.30     7.750000  %      4,022.56
M-2   760947CC3     2,028,600.00     1,974,863.84     7.750000  %      1,828.40
M-3   760947CD1     1,623,000.00     1,580,007.87     7.750000  %      1,462.83
B-1                   974,000.00       948,199.43     7.750000  %        877.88
B-2                   324,600.00       316,001.57     7.750000  %        292.57
B-3                   730,456.22       711,106.99     7.750000  %        658.38

- -------------------------------------------------------------------------------
                  162,292,503.34   124,652,403.71                    378,593.44
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        80,955.46    308,742.16             0.00         0.00  12,316,602.53
A-2       182,171.27    182,171.27             0.00         0.00  28,228,205.77
A-3        41,947.88     41,947.88             0.00         0.00   6,500,000.00
A-4        17,266.94     17,266.94             0.00         0.00   2,675,584.35
A-5        99,197.05     99,197.05             0.00         0.00  15,371,000.00
A-6        87,839.10     87,839.10             0.00         0.00  13,611,038.31
A-7             0.00          0.00       169,381.78         0.00  26,415,801.64
A-8        49,326.79    188,118.98             0.00         0.00   7,504,600.66
A-9             0.00      2,806.21             0.00         0.00   1,917,008.48
A-10       33,065.98     33,065.98             0.00         0.00           0.00
R             242.66        308.38             0.00         0.00      37,534.93
M-1        28,039.11     32,061.67             0.00         0.00   4,340,755.74
M-2        12,744.82     14,573.22             0.00         0.00   1,973,035.44
M-3        10,196.61     11,659.44             0.00         0.00   1,578,545.04
B-1         6,119.23      6,997.11             0.00         0.00     947,321.55
B-2         2,039.32      2,331.89             0.00         0.00     315,709.00
B-3         4,589.18      5,247.56             0.00         0.00     710,448.61

- -------------------------------------------------------------------------------
          655,741.40  1,034,334.84       169,381.78         0.00 124,443,192.05
===============================================================================














































Run:        03/28/97     14:31:24
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    482.476509   8.761027     3.113672    11.874699   0.000000    473.715482
A-2    700.034862   0.000000     4.517688     4.517688   0.000000    700.034862
A-3   1000.000000   0.000000     6.453520     6.453520   0.000000   1000.000000
A-4    535.116870   0.000000     3.453388     3.453388   0.000000    535.116870
A-5   1000.000000   0.000000     6.453520     6.453520   0.000000   1000.000000
A-6    698.467610   0.000000     4.507574     4.507574   0.000000    698.467610
A-7   1220.763714   0.000000     0.000000     0.000000   7.878222   1228.641937
A-8    491.947792   8.933011     3.174795    12.107806   0.000000    483.014782
A-9    925.280071   1.352490     0.000000     1.352490   0.000000    923.927581
R      105.917324   0.185127     0.683549     0.868676   0.000000    105.732197
M-1    973.510710   0.901313     6.282570     7.183883   0.000000    972.609397
M-2    973.510717   0.901311     6.282569     7.183880   0.000000    972.609406
M-3    973.510702   0.901312     6.282569     7.183881   0.000000    972.609390
B-1    973.510708   0.901314     6.282577     7.183891   0.000000    972.609394
B-2    973.510690   0.901325     6.282563     7.183888   0.000000    972.609365
B-3    973.510760   0.901313     6.282580     7.183893   0.000000    972.609433

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:25                                        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                       24,142.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,771.84

SUBSERVICER ADVANCES THIS MONTH                                       20,481.46
MASTER SERVICER ADVANCES THIS MONTH                                    1,675.18


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,142,507.38

 (B)  TWO MONTHLY PAYMENTS:                                    1     132,613.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        395,271.32

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,443,192.05

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          478

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                 227,436.92

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       93,688.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.95408650 %     6.43647300 %    1.60944050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.94799420 %     6.34211972 %    1.61065910 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3187 %

      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                          8.25112693
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.71

POOL TRADING FACTOR:                                                76.67833664


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


Run:        03/28/97     14:33:48                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1994-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    21,121,269.73     6.500000  %    110,532.67
A-II  760947BJ9    22,971,650.00    17,840,840.14     7.000000  %     82,657.10
A-II  760947BK6    31,478,830.00    22,210,046.29     7.500000  %    107,084.26
IO    760947BL4             0.00             0.00     0.335738  %          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       928,151.60     7.037787  %      4,109.41
M-2   760947BQ3     1,539,985.00     1,373,664.92     7.037787  %      6,081.93
B                     332,976.87       297,015.00     7.037787  %      1,315.04

- -------------------------------------------------------------------------------
                   83,242,471.87    63,770,987.68                    311,780.41
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I       114,354.01    224,886.68             0.00         0.00  21,010,737.06
A-II      104,023.48    186,680.58             0.00         0.00  17,758,183.04
A-III     138,748.64    245,832.90             0.00         0.00  22,102,962.03
IO         17,833.70     17,833.70             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1         5,440.92      9,550.33             0.00         0.00     924,042.19
M-2         8,052.58     14,134.51             0.00         0.00   1,367,582.99
B           1,741.14      3,056.18             0.00         0.00     295,699.96

- -------------------------------------------------------------------------------
          390,194.47    701,974.88             0.00         0.00  63,459,207.27
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-I    816.176864   4.271249     4.418915     8.690164   0.000000    811.905614
A-II   776.646002   3.598222     4.528342     8.126564   0.000000    773.047780
A-II   705.555012   3.401786     4.407681     7.809467   0.000000    702.153226
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    891.998885   3.949347     5.228993     9.178340   0.000000    888.049539
M-2    891.998896   3.949347     5.228999     9.178346   0.000000    888.049550
B      891.998895   3.949346     5.229012     9.178358   0.000000    888.049549

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:48                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       11,468.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,516.15

SUBSERVICER ADVANCES THIS MONTH                                        8,833.30
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     511,880.14

 (B)  TWO MONTHLY PAYMENTS:                                    1      50,480.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     288,006.71


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,459,207.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          310

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       28,758.16

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.92474320 %     3.60950400 %    0.46575260 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.92285310 %     3.61117838 %    0.46596860 %
CLASS IO   - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3357 %

      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                          7.62448300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              141.41

POOL TRADING FACTOR:                                                76.23416969


Run:     03/28/97     14:33:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4157)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4157      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,620.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,271.14

SUBSERVICER ADVANCES THIS MONTH                                        1,991.11
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     196,160.37

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      21,837,198.53

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          106

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       11,667.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.21737130 %     3.35032300 %    0.43230510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.35211313 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.04530343
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              139.43

POOL TRADING FACTOR:                                                81.43012912


Run:     03/28/97     14:33:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4158)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4158      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,161.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,015.79

SUBSERVICER ADVANCES THIS MONTH                                        3,442.93
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      50,480.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     288,006.71


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      18,496,682.74

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                        4,914.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.00845440 %     3.53535400 %    0.45619200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.53629318 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.44952027
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.90

POOL TRADING FACTOR:                                                77.70141213


Run:     03/28/97     14:33:49                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S16 (POOL # 4159)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4159      
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        3,686.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,229.22

SUBSERVICER ADVANCES THIS MONTH                                        3,399.26
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     315,719.77

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      23,125,325.99

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                       12,175.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.58135550 %     3.91364900 %    0.50499560 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     3.91570943 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.31134348
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              142.08

POOL TRADING FACTOR:                                                70.89189311


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


Run:        03/28/97     14:31:26                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    10,684,579.58     8.000000  %    832,651.76
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    29,505,635.23     8.000000  %  2,102,593.32
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     2,368,683.35     0.000000  %      4,222.01
A-12  760947CW9             0.00             0.00     0.332943  %          0.00
R     760947CS8           100.00             0.00     8.000000  %          0.00
M-1   760947CT6     5,660,500.00     5,537,383.47     8.000000  %      4,765.53
M-2   760947CU3     2,572,900.00     2,516,939.11     8.000000  %      2,166.11
M-3   760947CV1     2,058,400.00     2,013,629.58     8.000000  %      1,732.95
B-1                 1,029,200.00     1,006,814.75     8.000000  %        866.48
B-2                   617,500.00       604,069.30     8.000000  %        519.87
B-3                   926,311.44       771,763.20     8.000000  %        664.18

- -------------------------------------------------------------------------------
                  205,832,763.60   147,412,497.57                  2,950,182.21
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        71,213.12    903,864.88             0.00         0.00   9,851,927.82
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         6,873.32      6,873.32             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       196,656.16  2,299,249.48             0.00         0.00  27,403,041.91
A-8        13,996.58     13,996.58             0.00         0.00   2,100,000.00
A-9        90,417.90     90,417.90             0.00         0.00  13,566,000.00
A-10      338,164.01    338,164.01             0.00         0.00  50,737,000.00
A-11            0.00      4,222.01             0.00         0.00   2,364,461.34
A-12       40,889.94     40,889.94             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        36,906.87     41,672.40             0.00         0.00   5,532,617.94
M-2        16,775.49     18,941.60             0.00         0.00   2,514,773.00
M-3        13,420.92     15,153.87             0.00         0.00   2,011,896.63
B-1         6,710.46      7,576.94             0.00         0.00   1,005,948.27
B-2         4,026.15      4,546.02             0.00         0.00     603,549.43
B-3         5,143.83      5,808.01             0.00         0.00     771,099.02

- -------------------------------------------------------------------------------
        1,007,653.08  3,957,835.29             0.00         0.00 144,462,315.36
===============================================================================










































Run:        03/28/97     14:31:26
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    370.298038  28.857412     2.468050    31.325462   0.000000    341.440626
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     6.873320     6.873320   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    591.923992  42.180940     3.945195    46.126135   0.000000    549.743052
A-8   1000.000000   0.000000     6.665038     6.665038   0.000000   1000.000000
A-9   1000.000000   0.000000     6.665038     6.665038   0.000000   1000.000000
A-10  1000.000000   0.000000     6.665038     6.665038   0.000000   1000.000000
A-11   852.703173   1.519883     0.000000     1.519883   0.000000    851.183290
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    978.249884   0.841892     6.520072     7.361964   0.000000    977.407992
M-2    978.249878   0.841894     6.520071     7.361965   0.000000    977.407983
M-3    978.249893   0.841892     6.520074     7.361966   0.000000    977.408001
B-1    978.249854   0.841897     6.520074     7.361971   0.000000    977.407958
B-2    978.249879   0.841895     6.520081     7.361976   0.000000    977.407984
B-3    833.157367   0.717027     5.553024     6.270051   0.000000    832.440351

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:27                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S17 (POOL # 4160)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4160 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,230.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       54,422.96
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   3,742,203.31

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,516,911.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     798,899.61


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,040,071.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     144,462,315.36

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          597

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,822,892.23

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.41597350 %     6.94131800 %    1.64270860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.24555090 %     6.96326066 %    1.67532210 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3306 %

      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                          8.47268027
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.19

POOL TRADING FACTOR:                                                70.18431509


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


Run:        03/28/97     14:31:28                                    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-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     5,861,468.08     8.000000  %  1,481,847.52
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     1,291,642.29     0.000000  %      1,868.49
A-8   760947DD0             0.00             0.00     0.376595  %          0.00
R     760947DE8       160,000.00        17,684.01     8.000000  %        295.48
M-1   760947DF5     4,067,400.00     3,983,490.60     8.000000  %      3,446.62
M-2   760947DG3     1,355,800.00     1,327,830.18     8.000000  %      1,148.87
M-3   760947DH1     1,694,700.00     1,659,738.78     8.000000  %      1,436.05
B-1                   611,000.00       598,395.24     8.000000  %        517.75
B-2                   474,500.00       464,711.19     8.000000  %        402.08
B-3                   610,170.76       526,389.79     8.000000  %        455.45

- -------------------------------------------------------------------------------
                  135,580,848.50    98,557,350.16                  1,491,418.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2        39,037.44  1,520,884.96             0.00         0.00   4,379,620.56
A-3        56,976.39     56,976.39             0.00         0.00   8,555,000.00
A-4       324,815.40    324,815.40             0.00         0.00  48,771,000.00
A-5       103,230.17    103,230.17             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      1,868.49             0.00         0.00   1,289,773.80
A-8        30,899.29     30,899.29             0.00         0.00           0.00
R             117.77        413.25             0.00         0.00      17,388.53
M-1        26,530.09     29,976.71             0.00         0.00   3,980,043.98
M-2         8,843.36      9,992.23             0.00         0.00   1,326,681.31
M-3        11,053.88     12,489.93             0.00         0.00   1,658,302.73
B-1         3,985.32      4,503.07             0.00         0.00     597,877.49
B-2         3,094.98      3,497.06             0.00         0.00     464,309.11
B-3         3,505.77      3,961.22             0.00         0.00     525,934.34

- -------------------------------------------------------------------------------
          678,756.53  2,170,174.84             0.00         0.00  97,065,931.85
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    273.172768  69.061263     1.819334    70.880597   0.000000    204.111505
A-3   1000.000000   0.000000     6.660011     6.660011   0.000000   1000.000000
A-4   1000.000000   0.000000     6.660011     6.660011   0.000000   1000.000000
A-5   1000.000000   0.000000     6.660011     6.660011   0.000000   1000.000000
A-6   1000.000000   0.000000     6.666667     6.666667   0.000000   1000.000000
A-7    946.759045   1.369582     0.000000     1.369582   0.000000    945.389463
R      110.525063   1.846750     0.736063     2.582813   0.000000    108.678313
M-1    979.370261   0.847377     6.522616     7.369993   0.000000    978.522884
M-2    979.370246   0.847374     6.522614     7.369988   0.000000    978.522872
M-3    979.370260   0.847377     6.522618     7.369995   0.000000    978.522883
B-1    979.370278   0.847381     6.522619     7.370000   0.000000    978.522897
B-2    979.370263   0.847376     6.522613     7.369989   0.000000    978.522887
B-3    862.692585   0.746430     5.745556     6.491986   0.000000    861.946154

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:28                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S18 (POOL # 4161)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4161 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,053.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       23,910.57
MASTER SERVICER ADVANCES THIS MONTH                                      543.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,286,808.72

 (B)  TWO MONTHLY PAYMENTS:                                    2     377,534.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     223,767.63


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        137,940.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      97,065,931.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          384

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                  63,482.50

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,405,979.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.19879350 %     7.16702700 %    1.63417950 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.06964700 %     7.17556396 %    1.65815900 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3730 %

      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                          8.56191461
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.10

POOL TRADING FACTOR:                                                71.59265702


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


Run:        03/28/97     14:31:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    41,209,651.64     7.863975  %    542,277.29
R     760947DP3           100.00             0.00     7.863975  %          0.00
M-1   760947DL2    12,120,000.00     6,629,505.51     7.863975  %     87,237.58
M-2   760947DM0     3,327,400.00     3,236,849.23     7.863975  %      2,598.92
M-3   760947DN8     2,139,000.00     2,080,789.96     7.863975  %      1,670.70
B-1                   951,000.00       925,119.80     7.863975  %        742.79
B-2                   142,700.00       138,816.62     7.863975  %        111.46
B-3                    95,100.00        92,511.97     7.863975  %         74.28
B-4                   950,747.29       549,307.04     7.863975  %        441.05

- -------------------------------------------------------------------------------
                   95,065,047.29    54,862,551.77                    635,154.07
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         270,004.92    812,282.21             0.00         0.00  40,667,374.35
R               0.00          0.00             0.00         0.00           0.00
M-1        43,436.40    130,673.98             0.00         0.00   6,542,267.93
M-2        21,207.78     23,806.70             0.00         0.00   3,234,250.31
M-3        13,633.30     15,304.00             0.00         0.00   2,079,119.26
B-1         6,061.37      6,804.16             0.00         0.00     924,377.01
B-2           909.53      1,020.99             0.00         0.00     138,705.16
B-3           606.14        680.42             0.00         0.00      92,437.69
B-4         3,599.05      4,040.10             0.00         0.00     548,865.99

- -------------------------------------------------------------------------------
          359,458.49    994,612.56             0.00         0.00  54,227,397.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      546.989629   7.197830     3.583867    10.781697   0.000000    539.791799
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    546.988903   7.197820     3.583861    10.781681   0.000000    539.791083
M-2    972.786329   0.781066     6.373679     7.154745   0.000000    972.005262
M-3    972.786330   0.781066     6.373679     7.154745   0.000000    972.005264
B-1    972.786330   0.781062     6.373680     7.154742   0.000000    972.005268
B-2    972.786405   0.781079     6.373721     7.154800   0.000000    972.005326
B-3    972.786225   0.781073     6.373712     7.154785   0.000000    972.005153
B-4    577.763456   0.463888     3.785496     4.249384   0.000000    577.299558

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S19 (POOL # 4162)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4162 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,628.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,294.61

SUBSERVICER ADVANCES THIS MONTH                                       44,974.36
MASTER SERVICER ADVANCES THIS MONTH                                    7,348.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   3,345,113.45

 (B)  TWO MONTHLY PAYMENTS:                                    5     924,645.07

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     590,348.36


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      1,422,876.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      54,227,397.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          336

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               1,002,263.27

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      591,104.03

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         75.11435450 %    21.77650200 %    3.10914340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            74.99414700 %    21.86281843 %    3.14303460 %

      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                          8.28058053
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.99

POOL TRADING FACTOR:                                                57.04241385


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


Run:        03/28/97     14:31:31                                    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-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    46,344,103.11     7.930403  %    979,158.10
M-1   760947DR9     2,949,000.00     2,818,620.59     7.930403  %      2,363.97
M-2   760947DS7     1,876,700.00     1,793,728.50     7.930403  %      1,504.40
R     760947DT5           100.00             0.00     7.930403  %          0.00
B-1                 1,072,500.00     1,025,083.31     7.930403  %        859.74
B-2                   375,400.00       358,803.03     7.930403  %        300.93
B-3                   965,295.81       833,274.92     7.930403  %        698.86

- -------------------------------------------------------------------------------
                  107,242,895.81    53,173,613.46                    984,886.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         306,190.51  1,285,348.61             0.00         0.00  45,364,945.01
M-1        18,622.32     20,986.29             0.00         0.00   2,816,256.62
M-2        11,850.97     13,355.37             0.00         0.00   1,792,224.10
R               0.00          0.00             0.00         0.00           0.00
B-1         6,772.62      7,632.36             0.00         0.00   1,024,223.57
B-2         2,370.57      2,671.50             0.00         0.00     358,502.10
B-3         5,505.36      6,204.22             0.00         0.00     832,576.06

- -------------------------------------------------------------------------------
          351,312.35  1,336,198.35             0.00         0.00  52,188,727.46
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      463.422958   9.791199     3.061786    12.852985   0.000000    453.631759
M-1    955.788603   0.801617     6.314791     7.116408   0.000000    954.986985
M-2    955.788618   0.801620     6.314792     7.116412   0.000000    954.986999
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    955.788634   0.801622     6.314797     7.116419   0.000000    954.987012
B-2    955.788572   0.801625     6.314784     7.116409   0.000000    954.986947
B-3    863.232712   0.723985     5.703288     6.427273   0.000000    862.508727

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:32                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1994-S20 (POOL # 4163)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4163 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,314.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       249.05

SUBSERVICER ADVANCES THIS MONTH                                       17,910.02
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,197,834.27

 (B)  TWO MONTHLY PAYMENTS:                                    2     457,158.78

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     149,146.07


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        595,911.50

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,188,727.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          227

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      940,289.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.15620420 %     8.67413100 %    4.16966450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.92479620 %     8.83041405 %    4.24478970 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              554,948.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,970,148.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.34933211
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.33

POOL TRADING FACTOR:                                                48.66404163


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


Run:        03/28/97     14:31:33                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    24,516,699.06     7.850000  %    751,695.00
A-2   760947EC1     6,468,543.00     4,086,116.60     9.250000  %    125,282.50
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    15,721,475.04     0.000000  %      1,132.24
A-8   760947EH0             0.00             0.00     0.471841  %          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     3,046,525.58     8.500000  %      2,079.49
M-2   760947EN7     1,860,998.00     1,827,915.54     8.500000  %      1,247.69
M-3   760947EP2     1,550,831.00     1,523,262.31     8.500000  %      1,039.74
B-1   760947EQ0       558,299.00       548,374.27     8.500000  %        374.31
B-2   760947ER8       248,133.00       243,722.00     8.500000  %        166.36
B-3                   124,066.00       121,860.52     8.500000  %         83.18
B-4                   620,337.16       584,899.41     8.500000  %        399.24

- -------------------------------------------------------------------------------
                  124,066,559.16    60,952,850.33                    883,499.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       160,366.68    912,061.68             0.00         0.00  23,765,004.06
A-2        31,494.52    156,777.02             0.00         0.00   3,960,834.10
A-3        60,027.49     60,027.49             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       123,912.38    125,044.62             0.00         0.00  15,720,342.80
A-8        17,973.53     17,973.53             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        21,577.76     23,657.25             0.00         0.00   3,044,446.09
M-2        12,946.66     14,194.35             0.00         0.00   1,826,667.85
M-3        10,788.87     11,828.61             0.00         0.00   1,522,222.57
B-1         3,884.00      4,258.31             0.00         0.00     547,999.96
B-2         1,726.22      1,892.58             0.00         0.00     243,555.64
B-3           863.11        946.29             0.00         0.00     121,777.34
B-4         4,142.69      4,541.93             0.00         0.00     584,500.17

- -------------------------------------------------------------------------------
          449,703.91  1,333,203.66             0.00         0.00  60,069,350.58
===============================================================================















































Run:        03/28/97     14:31:33
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    631.690415  19.367963     4.131963    23.499926   0.000000    612.322452
A-2    631.690413  19.367963     4.868874    24.236837   0.000000    612.322450
A-3   1000.000000   0.000000     6.874426     6.874426   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    343.667817   0.024751     2.708696     2.733447   0.000000    343.643067
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    982.223272   0.670444     6.956836     7.627280   0.000000    981.552828
M-2    982.223269   0.670441     6.956837     7.627278   0.000000    981.552828
M-3    982.223279   0.670441     6.956832     7.627273   0.000000    981.552838
B-1    982.223271   0.670447     6.956846     7.627293   0.000000    981.552824
B-2    982.223243   0.670447     6.956834     7.627281   0.000000    981.552796
B-3    982.223333   0.670450     6.956862     7.627312   0.000000    981.552883
B-4    942.873405   0.643569     6.678126     7.321695   0.000000    942.229819

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:34                                        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                       12,476.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       22,425.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     954,245.01

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,280,666.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     280,647.67


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        243,525.45

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      60,069,350.58

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      841,679.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.86301500 %    10.64343700 %    2.49354810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.67640000 %    10.64325891 %    2.52896970 %
CLASS A-8  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4693 %

      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                          9.16076262
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.50

POOL TRADING FACTOR:                                                48.41703597


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


Run:        03/28/97     14:31:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   139,158,044.27     8.146969  %  5,347,870.85
R     760947EA5           100.00             0.00     8.146969  %          0.00
B-1                 4,660,688.00     4,538,030.11     8.146969  %      3,347.47
B-2                 2,330,345.00     2,269,016.05     8.146969  %      1,673.74
B-3                 2,330,343.10     2,101,012.22     8.146969  %      1,549.81

- -------------------------------------------------------------------------------
                  310,712,520.10   148,066,102.65                  5,354,441.87
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         943,953.56  6,291,824.41             0.00         0.00 133,810,173.42
R               0.00          0.00             0.00         0.00           0.00
B-1        30,782.91     34,130.38             0.00         0.00   4,534,682.64
B-2        15,391.46     17,065.20             0.00         0.00   2,267,342.31
B-3        14,251.84     15,801.65             0.00         0.00   2,099,462.41

- -------------------------------------------------------------------------------
        1,004,379.77  6,358,821.64             0.00         0.00 142,711,660.78
===============================================================================












Run:        03/28/97     14:31:34
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      461.719242  17.743961     3.131989    20.875950   0.000000    443.975281
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
B-1    973.682450   0.718235     6.604800     7.323035   0.000000    972.964215
B-2    973.682459   0.718237     6.604799     7.323036   0.000000    972.964222
B-3    901.589221   0.665057     6.115769     6.780826   0.000000    900.924164

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:35                                        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                       35,784.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       83,142.59
MASTER SERVICER ADVANCES THIS MONTH                                   12,194.57


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   4,864,809.70

 (B)  TWO MONTHLY PAYMENTS:                                    9   2,273,694.45

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6   1,361,368.18


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                      2,534,029.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     142,711,660.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          611

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               1,642,745.17

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,245,221.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          93.98372870 %     6.01627130 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.76260680 %     6.23739320 %

      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                          8.61937746
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              328.90

POOL TRADING FACTOR:                                                45.93045067


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


Run:        03/28/97     14:31:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    15,837,094.66     7.650000  %  3,145,365.46
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    16,682,907.51     0.000000  %      1,462.61
A-8   760947FL0             0.00             0.00     8.500000  %          0.00
A-9   760947FM8             0.00             0.00     0.454562  %          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     4,662,536.64     8.500000  %      3,196.97
M-2   760947FT3     2,834,750.00     2,797,522.76     8.500000  %      1,918.18
M-3   760947FU0     2,362,291.00     2,331,268.28     8.500000  %      1,598.49
B-1   760947FV8       944,916.00       932,506.94     8.500000  %        639.39
B-2   760947FW6       566,950.00       559,504.56     8.500000  %        383.64
B-3                   377,967.00       373,003.35     8.500000  %        255.76
B-4                   944,921.62       932,512.44     8.500000  %        639.40

- -------------------------------------------------------------------------------
                  188,983,349.15    94,771,857.14                  3,155,459.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       100,550.79  3,245,916.25             0.00         0.00  12,691,729.20
A-2       264,858.95    264,858.95             0.00         0.00  40,142,000.00
A-3        64,005.32     64,005.32             0.00         0.00   9,521,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5             0.00          0.00             0.00         0.00           0.00
A-6             0.00          0.00             0.00         0.00           0.00
A-7       126,728.44    128,191.05             0.00         0.00  16,681,444.90
A-8        24,850.09     24,850.09             0.00         0.00           0.00
A-9        30,748.19     30,748.19             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        32,891.95     36,088.92             0.00         0.00   4,659,339.67
M-2        19,735.18     21,653.36             0.00         0.00   2,795,604.58
M-3        16,445.98     18,044.47             0.00         0.00   2,329,669.79
B-1         6,578.39      7,217.78             0.00         0.00     931,867.55
B-2         3,947.04      4,330.68             0.00         0.00     559,120.92
B-3         2,631.36      2,887.12             0.00         0.00     372,747.59
B-4         6,578.43      7,217.83             0.00         0.00     931,873.04

- -------------------------------------------------------------------------------
          700,550.11  3,856,010.01             0.00         0.00  91,616,397.24
===============================================================================













































Run:        03/28/97     14:31:37
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    455.039239  90.374196     2.889075    93.263271   0.000000    364.665042
A-2   1000.000000   0.000000     6.598051     6.598051   0.000000   1000.000000
A-3   1000.000000   0.000000     6.722542     6.722542   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    259.113383   0.022717     1.968304     1.991021   0.000000    259.090666
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    986.867545   0.676667     6.961875     7.638542   0.000000    986.190878
M-2    986.867540   0.676666     6.961877     7.638543   0.000000    986.190874
M-3    986.867528   0.676669     6.961877     7.638546   0.000000    986.190859
B-1    986.867552   0.676663     6.961878     7.638541   0.000000    986.190889
B-2    986.867554   0.676673     6.961884     7.638557   0.000000    986.190881
B-3    986.867504   0.676673     6.961878     7.638551   0.000000    986.190832
B-4    986.867503   0.676670     6.961879     7.638549   0.000000    986.190833

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:38                                        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                       19,499.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       39,000.99
MASTER SERVICER ADVANCES THIS MONTH                                    2,989.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,996,485.13

 (B)  TWO MONTHLY PAYMENTS:                                    4   1,139,088.71

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     256,044.82


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,347,901.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      91,616,397.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          359

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 353,300.61

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,090,371.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.64127500 %    10.39011500 %    2.96860980 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.18816930 %    10.67998124 %    3.06930000 %
CLASS A-9  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4558 %

      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                          9.20698475
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.70

POOL TRADING FACTOR:                                                48.47855520


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


Run:        03/28/97     14:31:39                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    12,571,223.30     8.000000  %    955,715.81
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       904,225.49     0.000000  %      4,947.54
A-6   760947EZ0             0.00             0.00     0.374126  %          0.00
R     760947FA4           100.00             0.00     8.000000  %          0.00
M-1   760947FB2     1,575,400.00     1,464,361.59     8.000000  %      5,634.65
M-2   760947FC0       525,100.00       488,089.55     8.000000  %      1,878.10
M-3   760947FD8       525,100.00       488,089.55     8.000000  %      1,878.10
B-1                   630,100.00       585,688.88     8.000000  %      2,253.64
B-2                   315,000.00       292,797.95     8.000000  %      1,126.64
B-3                   367,575.59       341,667.86     8.000000  %      1,314.64

- -------------------------------------------------------------------------------
                  105,020,175.63    62,806,459.17                    974,749.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        83,703.98  1,039,419.79             0.00         0.00  11,615,507.49
A-2       121,515.43    121,515.43             0.00         0.00  18,250,000.00
A-3        44,105.11     44,105.11             0.00         0.00   6,624,000.00
A-4       138,469.76    138,469.76             0.00         0.00  20,796,315.00
A-5             0.00      4,947.54             0.00         0.00     899,277.95
A-6        19,556.96     19,556.96             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,750.27     15,384.92             0.00         0.00   1,458,726.94
M-2         3,249.89      5,127.99             0.00         0.00     486,211.45
M-3         3,249.89      5,127.99             0.00         0.00     486,211.45
B-1         3,899.74      6,153.38             0.00         0.00     583,435.24
B-2         1,949.56      3,076.20             0.00         0.00     291,671.31
B-3         2,274.96      3,589.60             0.00         0.00     201,704.43

- -------------------------------------------------------------------------------
          431,725.55  1,406,474.67             0.00         0.00  61,693,061.26
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    231.258707  17.581233     1.539808    19.121041   0.000000    213.677474
A-2   1000.000000   0.000000     6.658380     6.658380   0.000000   1000.000000
A-3   1000.000000   0.000000     6.658380     6.658380   0.000000   1000.000000
A-4   1000.000000   0.000000     6.658380     6.658380   0.000000   1000.000000
A-5    859.950884   4.705288     0.000000     4.705288   0.000000    855.245596
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    929.517323   3.576647     6.189076     9.765723   0.000000    925.940675
M-2    929.517330   3.576652     6.189088     9.765740   0.000000    925.940678
M-3    929.517330   3.576652     6.189088     9.765740   0.000000    925.940678
B-1    929.517346   3.576639     6.189081     9.765720   0.000000    925.940708
B-2    929.517302   3.576635     6.189079     9.765714   0.000000    925.940667
B-3    929.517273   3.576516     6.189094     9.765610   0.000000    548.742723

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:40                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S4 (POOL # 4168)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4168 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,381.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,219.29

SUBSERVICER ADVANCES THIS MONTH                                        8,204.49
MASTER SERVICER ADVANCES THIS MONTH                                    1,522.31


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     701,182.15

 (B)  TWO MONTHLY PAYMENTS:                                    1      77,291.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,693,061.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          307

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 143,208.66

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      573,224.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.08632750 %     1.97110000 %    3.94257290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.22973760 %     1.74543289 %    3.99901060 %
CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.3700 %

      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                          8.58003126
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              146.95

POOL TRADING FACTOR:                                                58.74400884


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


Run:        03/28/97     14:31:41                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    48,526,162.68     7.962476  %    862,052.48
R     760947GA3           100.00             0.00     7.962476  %          0.00
M-1   760947GB1    16,170,335.00     8,188,790.41     7.962476  %    145,471.36
M-2   760947GC9     3,892,859.00     3,773,953.31     7.962476  %      4,303.85
M-3   760947GD7     1,796,704.00     1,741,824.44     7.962476  %      1,986.39
B-1                 1,078,022.00     1,045,094.28     7.962476  %      1,191.83
B-2                   299,451.00       290,304.41     7.962476  %        331.07
B-3                   718,681.74       538,833.73     7.962476  %        614.49

- -------------------------------------------------------------------------------
                  119,780,254.74    64,104,963.26                  1,015,951.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         321,783.48  1,183,835.96             0.00         0.00  47,664,110.20
R               0.00          0.00             0.00         0.00           0.00
M-1        54,300.96    199,772.32             0.00         0.00   8,043,319.05
M-2        25,025.59     29,329.44             0.00         0.00   3,769,649.46
M-3        11,550.27     13,536.66             0.00         0.00   1,739,838.05
B-1         6,930.16      8,121.99             0.00         0.00   1,043,902.45
B-2         1,925.04      2,256.11             0.00         0.00     289,973.34
B-3         3,573.08      4,187.57             0.00         0.00     538,219.24

- -------------------------------------------------------------------------------
          425,088.58  1,441,040.05             0.00         0.00  63,089,011.79
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      506.408739   8.996197     3.358064    12.354261   0.000000    497.412542
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    506.408210   8.996187     3.358060    12.354247   0.000000    497.412023
M-2    969.455434   1.105576     6.428589     7.534165   0.000000    968.349858
M-3    969.455425   1.105574     6.428588     7.534162   0.000000    968.349851
B-1    969.455429   1.105571     6.428589     7.534160   0.000000    968.349857
B-2    969.455470   1.105590     6.428564     7.534154   0.000000    968.349880
B-3    749.752916   0.855024     4.971714     5.826738   0.000000    748.897892

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:41                                        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                       19,775.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,239.84

SUBSERVICER ADVANCES THIS MONTH                                       17,770.26
MASTER SERVICER ADVANCES THIS MONTH                                    3,121.15


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   1,088,195.76

 (B)  TWO MONTHLY PAYMENTS:                                    3     139,074.75

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     299,369.50


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        836,765.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,089,011.79

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          637

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                 420,343.32

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      942,845.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         75.69798060 %    21.37832600 %    2.92369320 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.55057350 %    21.48203970 %    2.96738680 %

      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                          8.44766788
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              300.40

POOL TRADING FACTOR:                                                52.67062750


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


Run:        03/28/97     14:33:53                                    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    52,119,559.76     7.957390  %  2,372,856.49
II A  760947GF2   199,529,000.00   102,350,112.33     7.526959  %  5,215,058.18
III   760947GG0   151,831,000.00   100,911,532.90     7.153583  %  2,240,700.78
R     760947GL9         1,000.00           554.07     7.957390  %         25.23
I M   760947GH8    10,069,000.00     9,688,288.50     7.957390  %     17,832.75
II M  760947GJ4    21,982,000.00    21,104,906.43     7.526959  %     39,335.37
III   760947GK1    12,966,000.00    12,290,023.29     7.153583  %     34,536.33
I B                 1,855,785.84     1,785,618.10     7.957390  %      3,286.70
II B                3,946,359.39     3,788,897.55     7.526959  %      7,061.75
III                 2,509,923.08     2,379,069.35     7.153583  %      6,685.45

- -------------------------------------------------------------------------------
                  498,755,068.31   306,418,562.28                  9,937,379.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
I A       345,348.79  2,718,205.28             0.00         0.00  49,746,703.27
II A      641,496.71  5,856,554.89             0.00         0.00  97,135,054.15
III A     601,105.94  2,841,806.72             0.00         0.00  98,670,832.12
R               3.67         28.90             0.00         0.00         528.84
I M        64,195.45     82,028.20             0.00         0.00   9,670,455.75
II M      132,278.58    171,613.95             0.00         0.00  21,065,571.06
III M      73,208.74    107,745.07             0.00         0.00  12,255,486.96
I B        11,831.67     15,118.37             0.00         0.00   1,782,331.40
II B       23,747.56     30,809.31             0.00         0.00   3,781,835.80
III B      14,171.55     20,857.00             0.00         0.00   2,372,383.90

- -------------------------------------------------------------------------------
        1,907,388.66 11,844,767.69             0.00         0.00 296,481,183.25
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
I A    554.080261  25.225711     3.671385    28.897096   0.000000    528.854550
II A   512.958579  26.136843     3.215055    29.351898   0.000000    486.821736
III    664.630628  14.757861     3.959046    18.716907   0.000000    649.872767
R      554.070000  25.230000     3.670000    28.900000   0.000000    528.840000
I M    962.189741   1.771055     6.375554     8.146609   0.000000    960.418686
II M   960.099465   1.789435     6.017586     7.807021   0.000000    958.310029
III    947.865440   2.663607     5.646209     8.309816   0.000000    945.201833
I B    962.189743   1.771055     6.375558     8.146613   0.000000    960.418688
II B   960.099468   1.789435     6.017587     7.807022   0.000000    958.310033
III    947.865442   2.663607     5.646209     8.309816   0.000000    945.201835

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:54                                        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                       62,777.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,397.16

SUBSERVICER ADVANCES THIS MONTH                                       57,897.09
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    75   5,238,248.18

 (B)  TWO MONTHLY PAYMENTS:                                   12   1,028,992.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     160,887.22


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                        648,048.39

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     296,481,183.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,426

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    9,258,372.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.34408890 %    14.06025100 %    2.59566030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            82.82249680 %    14.50058763 %    2.67691560 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85743500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              262.43

POOL TRADING FACTOR:                                                59.44424470


Run:     03/28/97     14:33:54                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10023 GROUP I)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10023
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,014.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       314.31

SUBSERVICER ADVANCES THIS MONTH                                       15,809.46
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   1,637,309.21

 (B)  TWO MONTHLY PAYMENTS:                                    2      77,154.46

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      69,400.54


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        219,342.57

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,200,019.27

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          898

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,276,946.81

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         81.95757000 %    15.23459000 %    2.80783960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    15.80139331 %    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                          8.35158086
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              268.19

POOL TRADING FACTOR:                                                57.74088642


Run:     03/28/97     14:33:54                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10024 GROUP II)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10024
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       25,832.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       911.68

SUBSERVICER ADVANCES THIS MONTH                                       26,670.13
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   2,282,186.79

 (B)  TWO MONTHLY PAYMENTS:                                    7     697,045.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      91,486.68


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        278,147.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     121,982,461.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,291

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,024,297.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.43615390 %    16.58618100 %    2.97766500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    17.26934421 %    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                          7.91029618
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              275.58

POOL TRADING FACTOR:                                                54.10444854


Run:     03/28/97     14:33:55                                        rept2.frg
Page:      2 of 2
                     THE FIFTH THIRD BANK (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1995-R5 (POOL # 10025  GROUP III)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10025
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,931.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       171.17

SUBSERVICER ADVANCES THIS MONTH                                       15,417.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   1,318,752.18

 (B)  TWO MONTHLY PAYMENTS:                                    3     254,792.83

 (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                                                     113,298,702.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,237

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,957,128.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.30834640 %    10.63329000 %    2.05836350 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %    10.81697022 %    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                          7.53360143
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              245.17

POOL TRADING FACTOR:                                                67.71907634

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


Run:        03/28/97     14:31:42                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S7 (POOL # 4170)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4170 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947HB0    10,285,000.00             0.00     8.250000  %          0.00
A-2   760947HC8    10,286,000.00             0.00     7.750000  %          0.00
A-3   760947HD6    25,078,000.00             0.00     8.000000  %          0.00
A-4   760947HE4     1,719,000.00             0.00     8.000000  %          0.00
A-5   760947HF1    22,300,000.00    21,873,416.59     8.000000  %  1,178,843.83
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       495,492.37     0.000000  %      3,137.24
R-I   760947HM6         1,000.00             0.00     8.000000  %          0.00
R-II  760947HN4         1,000.00             0.00     8.000000  %          0.00
M-1   760947HP9     1,574,800.00     1,474,704.35     8.000000  %      5,424.05
M-2   760947HQ7     1,049,900.00       983,167.44     8.000000  %      3,616.15
M-3   760947HR5       892,400.00       835,678.26     8.000000  %      3,073.67
B-1                   209,800.00       196,464.94     8.000000  %        722.61
B-2                   367,400.00       344,047.72     8.000000  %      1,265.43
B-3                   367,731.33       344,358.02     8.000000  %      1,266.57

- -------------------------------------------------------------------------------
                  104,981,638.99    56,827,329.69                  1,197,349.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00             0.00         0.00           0.00
A-2             0.00          0.00             0.00         0.00           0.00
A-3             0.00          0.00             0.00         0.00           0.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       144,598.35  1,323,442.18             0.00         0.00  20,694,572.76
A-6       104,432.36    104,432.36             0.00         0.00  17,800,000.00
A-7        33,813.67     33,813.67             0.00         0.00   5,280,000.00
A-8        46,109.55     46,109.55             0.00         0.00   7,200,000.00
A-9        15,816.07     15,816.07             0.00         0.00           0.00
A-10            0.00      3,137.24             0.00         0.00     492,355.13
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-1         9,748.81     15,172.86             0.00         0.00   1,469,280.30
M-2         6,499.41     10,115.56             0.00         0.00     979,551.29
M-3         5,524.41      8,598.08             0.00         0.00     832,604.59
B-1         1,298.77      2,021.38             0.00         0.00     195,742.33
B-2         2,274.39      3,539.82             0.00         0.00     342,782.29
B-3         2,276.44      3,543.01             0.00         0.00     343,091.45

- -------------------------------------------------------------------------------
          372,392.23  1,569,741.78             0.00         0.00  55,629,980.14
===============================================================================













































Run:        03/28/97     14:31:42
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S7 (POOL # 4170)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4170 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-3      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    980.870699  52.862952     6.484231    59.347183   0.000000    928.007747
A-6   1000.000000   0.000000     5.866987     5.866987   0.000000   1000.000000
A-7   1000.000000   0.000000     6.404104     6.404104   0.000000   1000.000000
A-8   1000.000000   0.000000     6.404104     6.404104   0.000000   1000.000000
A-10   869.883614   5.507721     0.000000     5.507721   0.000000    864.375893
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    936.439135   3.444279     6.190507     9.634786   0.000000    932.994857
M-2    936.439128   3.444280     6.190504     9.634784   0.000000    932.994847
M-3    936.439108   3.444274     6.190509     9.634783   0.000000    932.994834
B-1    936.439180   3.444280     6.190515     9.634795   0.000000    932.994900
B-2    936.439085   3.444284     6.190501     9.634785   0.000000    932.994801
B-3    936.439166   3.444281     6.190498     9.634779   0.000000    932.994885

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:43                                        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                       11,657.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,468.73

SPREAD                                                                18,645.86

SUBSERVICER ADVANCES THIS MONTH                                       10,034.40
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     965,279.37

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,629,980.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          223

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      988,008.18

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.58248810 %     5.84669400 %    1.57081810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.44970700 %     5.89868300 %    1.59893730 %

      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                          8.63837816
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              150.04

POOL TRADING FACTOR:                                                52.99019969


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


Run:        03/28/97     14:31:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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     2,308,916.37     7.650000  %    118,376.70
A-2   760947GP0    20,646,342.00    20,646,342.00     8.000000  %          0.00
A-3   760947GQ8    10,027,461.00     4,848,897.43     8.000000  %     15,121.87
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     0.839501  %          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     2,758,912.00     8.000000  %      2,124.14
M-2   760947GY1     1,277,000.00     1,254,050.91     8.000000  %        965.52
M-3   760947GZ8     1,277,000.00     1,254,050.91     8.000000  %        965.52
B-1                   613,000.00       601,983.71     8.000000  %        463.48
B-2                   408,600.00       401,257.01     8.000000  %        308.94
B-3                   510,571.55       501,396.04     8.000000  %        386.03

- -------------------------------------------------------------------------------
                  102,156,471.55    56,315,074.38                    138,712.20
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        14,716.84    133,093.54             0.00         0.00   2,190,539.67
A-2       137,618.86    137,618.86             0.00         0.00  20,646,342.00
A-3        32,320.48     47,442.35             0.00         0.00   4,833,775.56
A-4       144,903.79    144,903.79             0.00         0.00  21,739,268.00
A-5           673.32        673.32             0.00         0.00           0.00
A-6        39,390.43     39,390.43             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        18,389.62     20,513.76             0.00         0.00   2,756,787.86
M-2         8,358.92      9,324.44             0.00         0.00   1,253,085.39
M-3         8,358.92      9,324.44             0.00         0.00   1,253,085.39
B-1         4,012.54      4,476.02             0.00         0.00     601,520.23
B-2         2,674.59      2,983.53             0.00         0.00     400,948.07
B-3         3,342.07      3,728.10             0.00         0.00     501,010.01

- -------------------------------------------------------------------------------
          414,760.38    553,472.58             0.00         0.00  56,176,362.18
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     53.886678   2.762736     0.343469     3.106205   0.000000     51.123941
A-2   1000.000000   0.000000     6.665532     6.665532   0.000000   1000.000000
A-3    483.561834   1.508046     3.223197     4.731243   0.000000    482.053788
A-4   1000.000000   0.000000     6.665532     6.665532   0.000000   1000.000000
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    982.028903   0.756083     6.545746     7.301829   0.000000    981.272820
M-2    982.028904   0.756085     6.545748     7.301833   0.000000    981.272819
M-3    982.028904   0.756085     6.545748     7.301833   0.000000    981.272819
B-1    982.028891   0.756085     6.545742     7.301827   0.000000    981.272806
B-2    982.028904   0.756094     6.545742     7.301836   0.000000    981.272810
B-3    982.028944   0.756074     6.545743     7.301817   0.000000    981.272870

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:45                                        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                       12,420.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,429.85

SUBSERVICER ADVANCES THIS MONTH                                       25,554.53
MASTER SERVICER ADVANCES THIS MONTH                                    3,570.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     548,821.76

 (B)  TWO MONTHLY PAYMENTS:                                    4     976,662.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,512,208.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      56,176,362.18

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          228

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                 428,190.42

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       95,354.10

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.97542110 %     9.35276000 %    2.67181880 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.95501050 %     9.36863555 %    2.67635400 %

CLASS A-6  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.8394 %

      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                          9.16225969
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.61

POOL TRADING FACTOR:                                                54.99050753


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


Run:        03/28/97     14:31:46                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    17,262,786.98     6.600000  %    498,627.31
A-2   760947HT1    23,921,333.00    19,971,190.99     7.000000  %    332,418.21
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     6,166,526.13     8.000000  %    275,404.47
A-9   760947JF9    63,512,857.35    28,483,204.48     0.000000  %    560,434.74
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     0.492480  %          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     5,420,284.55     8.000000  %      3,930.24
M-2   760947JH5     2,499,831.00     2,463,765.79     8.000000  %      1,786.47
M-3   760947JJ1     2,499,831.00     2,463,765.79     8.000000  %      1,786.47
B-1   760947JK8       799,945.00       788,404.14     8.000000  %        571.67
B-2   760947JL6       699,952.00       689,853.75     8.000000  %        500.21
B-3                   999,934.64       985,508.55     8.000000  %        714.61

- -------------------------------------------------------------------------------
                  199,986,492.99   126,205,291.15                  1,676,174.40
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        94,853.73    593,481.04             0.00         0.00  16,764,159.67
A-2       116,386.22    448,804.43             0.00         0.00  19,638,772.78
A-3        70,806.45     70,806.45             0.00         0.00  12,694,000.00
A-4        73,402.20     73,402.20             0.00         0.00  12,686,000.00
A-5        55,970.87     55,970.87             0.00         0.00   9,469,000.00
A-6        40,204.71     40,204.71             0.00         0.00   6,661,000.00
A-7             0.00          0.00             0.00         0.00           0.00
A-8        41,070.51    316,474.98             0.00         0.00   5,891,121.66
A-9       201,229.61    761,664.35             0.00         0.00  27,922,769.74
A-10            0.00          0.00             0.00         0.00           0.00
A-11       59,974.85     59,974.85             0.00         0.00           0.00
A-12       51,744.71     51,744.71             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        36,100.37     40,030.61             0.00         0.00   5,416,354.31
M-2        16,409.26     18,195.73             0.00         0.00   2,461,979.32
M-3        16,409.26     18,195.73             0.00         0.00   2,461,979.32
B-1         5,250.96      5,822.63             0.00         0.00     787,832.47
B-2         4,594.59      5,094.80             0.00         0.00     689,353.54
B-3         6,563.72      7,278.33             0.00         0.00     984,793.94

- -------------------------------------------------------------------------------
          890,972.02  2,567,146.42             0.00         0.00 124,529,116.75
===============================================================================







































Run:        03/28/97     14:31:46
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    744.470717  21.503679     4.090639    25.594318   0.000000    722.967038
A-2    834.869486  13.896308     4.865374    18.761682   0.000000    820.973178
A-3   1000.000000   0.000000     5.577946     5.577946   0.000000   1000.000000
A-4   1000.000000   0.000000     5.786079     5.786079   0.000000   1000.000000
A-5   1000.000000   0.000000     5.910959     5.910959   0.000000   1000.000000
A-6   1000.000000   0.000000     6.035837     6.035837   0.000000   1000.000000
A-7      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-8    329.937193  14.735392     2.197459    16.932851   0.000000    315.201801
A-9    448.463597   8.823957     3.168329    11.992286   0.000000    439.639640
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    985.572942   0.714637     6.564148     7.278785   0.000000    984.858305
M-2    985.572941   0.714636     6.564148     7.278784   0.000000    984.858304
M-3    985.572941   0.714636     6.564148     7.278784   0.000000    984.858304
B-1    985.572933   0.714637     6.564151     7.278788   0.000000    984.858297
B-2    985.572939   0.714635     6.564150     7.278785   0.000000    984.858305
B-3    985.572967   0.714637     6.564149     7.278786   0.000000    984.858310

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S9 (POOL # 4172)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4172 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       24,873.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,041.85

SUBSERVICER ADVANCES THIS MONTH                                       18,298.16
MASTER SERVICER ADVANCES THIS MONTH                                    7,877.03


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7   1,788,915.27

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        548,748.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,529,116.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          426

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                 978,736.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,584,648.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.83253410 %     8.21218400 %    1.95528230 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.70294900 %     8.30353031 %    1.98020260 %
CLASS A-12 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4921 %

      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                          8.78153329
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.09

POOL TRADING FACTOR:                                                62.26876370


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


Run:        03/28/97     14:31:49                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    42,198,347.34     6.600000  %  1,161,816.04
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    32,353,964.87     7.200000  %  1,052,592.17
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  %    925,240.30
A-7   760947JS1     5,000,000.00     4,315,962.00     7.500000  %     63,918.50
A-8   760947JT9     8,040,000.00             0.00     7.500000  %          0.00
A-9   760947JU6       142,330.60       136,888.01     0.000000  %        373.30
A-10  760947JV4             0.00             0.00     0.611909  %          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     5,692,123.64     7.500000  %      4,371.00
M-2   760947JZ5     2,883,900.00     2,846,061.79     7.500000  %      2,185.50
M-3   760947KA8     2,883,900.00     2,846,061.79     7.500000  %      2,185.50
B-1                   922,800.00       910,692.41     7.500000  %        699.32
B-2                   807,500.00       796,905.22     7.500000  %        611.95
B-3                 1,153,493.52     1,138,359.14     7.500000  %        874.15

- -------------------------------------------------------------------------------
                  230,710,285.52   177,166,263.82                  3,214,867.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       232,022.45  1,393,838.49             0.00         0.00  41,036,531.30
A-2        42,433.48     42,433.48             0.00         0.00   8,936,000.00
A-3        78,226.92     78,226.92             0.00         0.00  12,520,000.00
A-4       194,066.53  1,246,658.70             0.00         0.00  31,301,372.70
A-5             0.00          0.00             0.00         0.00           0.00
A-6       440,045.56  1,365,285.86             0.00         0.00  61,549,657.31
A-7        30,399.75     94,318.25             0.00         0.00   4,252,043.50
A-8             0.00          0.00             0.00         0.00           0.00
A-9             0.00        373.30             0.00         0.00     136,514.71
A-10       90,314.68     90,314.68             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        35,565.28     39,936.28             0.00         0.00   5,687,752.64
M-2        17,782.64     19,968.14             0.00         0.00   2,843,876.29
M-3        17,782.64     19,968.14             0.00         0.00   2,843,876.29
B-1         5,690.15      6,389.47             0.00         0.00     909,993.09
B-2         4,979.19      5,591.14             0.00         0.00     796,293.27
B-3         7,112.64      7,986.79             0.00         0.00   1,137,484.99

- -------------------------------------------------------------------------------
        1,196,421.91  4,411,289.64             0.00         0.00 173,951,396.09
===============================================================================













































Run:        03/28/97     14:31:49
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    758.938512  20.895295     4.172931    25.068226   0.000000    738.043216
A-2   1000.000000   0.000000     4.748599     4.748599   0.000000   1000.000000
A-3    597.043395   0.000000     3.730421     3.730421   0.000000    597.043395
A-4    846.187129  27.529545     5.075625    32.605170   0.000000    818.657583
A-5      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-6    863.192398  12.783701     6.079946    18.863647   0.000000    850.408698
A-7    863.192400  12.783700     6.079950    18.863650   0.000000    850.408700
A-8      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-9    961.760928   2.622767     0.000000     2.622767   0.000000    959.138161
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    986.879510   0.757828     6.166178     6.924006   0.000000    986.121682
M-2    986.879500   0.757828     6.166178     6.924006   0.000000    986.121672
M-3    986.879500   0.757828     6.166178     6.924006   0.000000    986.121672
B-1    986.879508   0.757824     6.166179     6.924003   0.000000    986.121684
B-2    986.879529   0.757833     6.166180     6.924013   0.000000    986.121697
B-3    986.879528   0.757828     6.166172     6.924000   0.000000    986.121699

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:50                                        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                       35,440.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       38,362.38
MASTER SERVICER ADVANCES THIS MONTH                                    4,067.61


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9   2,225,696.40

 (B)  TWO MONTHLY PAYMENTS:                                    2     750,130.86

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,064,612.32


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        961,294.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     173,951,396.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          596

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                 497,227.65

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,078,793.00

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.96167080 %     6.43071100 %    1.60761840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.81929850 %     6.53947337 %    1.63609200 %
CLASS A-10 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.6033 %

      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                          8.40081612
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.40

POOL TRADING FACTOR:                                                75.39819722


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


Run:        03/28/97     14:31:51                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S11 (POOL # 4175)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4175 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947KP5    11,300,000.00             0.00     7.650000  %          0.00
A-2   760947KQ3   105,000,000.00    69,190,454.52     7.500000  %  1,073,099.74
A-3   760947KR1    47,939,000.00    31,589,725.72     7.250000  %    489,936.46
A-4   760947KS9    27,875,000.00    18,368,418.27     7.650000  %    284,882.43
A-5   760947KT7    30,655,000.00    29,283,536.54     7.650000  %    379,724.01
A-6   760947KU4    20,568,000.00    15,497,368.39     7.650000  %    151,950.92
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    32,418,081.45     7.500000  %     24,958.91
A-17  760947LF6     1,348,796.17     1,176,516.45     0.000000  %      1,476.99
A-18  760947LG4             0.00             0.00     0.480470  %          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    11,178,604.58     7.500000  %      8,606.49
M-2   760947LL3     5,670,200.00     5,589,351.60     7.500000  %      4,303.28
M-3   760947LM1     4,536,100.00     4,471,422.12     7.500000  %      3,442.58
B-1                 2,041,300.00     2,012,194.16     7.500000  %      1,549.20
B-2                 1,587,600.00     1,564,963.26     7.500000  %      1,204.88
B-3                 2,041,838.57     1,800,239.85     7.500000  %      1,386.02

- -------------------------------------------------------------------------------
                  453,612,334.74   372,962,876.91                  2,426,521.91
===============================================================================
_______________________________________________________________________________
                                                                      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       432,241.22  1,505,340.96             0.00         0.00  68,117,354.78
A-3       190,766.71    680,703.17             0.00         0.00  31,099,789.26
A-4       117,044.75    401,927.18             0.00         0.00  18,083,535.84
A-5       186,596.59    566,320.60             0.00         0.00  28,903,812.53
A-6        98,750.23    250,701.15             0.00         0.00  15,345,417.47
A-7        31,250.00     31,250.00             0.00         0.00   5,000,000.00
A-8        13,381.34     13,381.34             0.00         0.00   2,100,000.00
A-9        79,513.37     79,513.37             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      624,712.22    624,712.22             0.00         0.00 100,000,000.00
A-16      202,519.72    227,478.63             0.00         0.00  32,393,122.54
A-17            0.00      1,476.99             0.00         0.00   1,175,039.46
A-18      149,262.37    149,262.37             0.00         0.00           0.00
A-19       59,347.66     59,347.66             0.00         0.00   9,500,000.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        69,834.11     78,440.60             0.00         0.00  11,169,998.09
M-2        34,917.36     39,220.64             0.00         0.00   5,585,048.32
M-3        27,933.52     31,376.10             0.00         0.00   4,467,979.54
B-1        12,570.42     14,119.62             0.00         0.00   2,010,644.96
B-2         9,776.52     10,981.40             0.00         0.00   1,563,758.38
B-3        11,246.32     12,632.34             0.00         0.00   1,798,853.83

- -------------------------------------------------------------------------------
        2,471,926.10  4,898,448.01             0.00         0.00 370,536,355.00
===============================================================================


























Run:        03/28/97     14:31:51
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S11 (POOL # 4175)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4175 
_________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-2    658.956710  10.219998     4.116583    14.336581   0.000000    648.736712
A-3    658.956710  10.219997     3.979364    14.199361   0.000000    648.736713
A-4    658.956709  10.219997     4.198915    14.418912   0.000000    648.736712
A-5    955.261345  12.387017     6.086987    18.474004   0.000000    942.874328
A-6    753.469875   7.387734     4.801159    12.188893   0.000000    746.082141
A-7   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-8   1000.000000   0.000000     6.372067     6.372067   0.000000   1000.000000
A-9   1000.000000   0.000000     6.163827     6.163827   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     6.247122     6.247122   0.000000   1000.000000
A-16   985.741522   0.758929     6.158048     6.916977   0.000000    984.982593
A-17   872.271494   1.095043     0.000000     1.095043   0.000000    871.176451
A-19  1000.000000   0.000000     6.247122     6.247122   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    985.741522   0.758930     6.158048     6.916978   0.000000    984.982592
M-2    985.741526   0.758929     6.158047     6.916976   0.000000    984.982597
M-3    985.741522   0.758929     6.158048     6.916977   0.000000    984.982593
B-1    985.741518   0.758928     6.158046     6.916974   0.000000    984.982590
B-2    985.741534   0.758932     6.158050     6.916982   0.000000    984.982603
B-3    881.675896   0.678810     5.507938     6.186748   0.000000    880.997086

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:52                                        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                       78,204.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,537.79

SUBSERVICER ADVANCES THIS MONTH                                       66,097.97
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   6,188,617.77

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,142,385.26

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,361,881.22

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     370,536,355.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,324

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,139,182.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.84084130 %     5.71279100 %    1.44636750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.79938590 %     5.72765011 %    1.45474280 %
CLASS A-18 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4798 %

      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                          8.26672935
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.03

POOL TRADING FACTOR:                                                81.68568767


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


Run:        03/28/97     14:31:53                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    19,238,542.01     7.250000  %  1,185,852.84
A-2   760947KH3    23,594,900.00    23,594,900.00     7.250000  %          0.00
A-3   760947KJ9    56,568,460.00    41,318,247.41     7.250000  %  1,143,904.35
A-4   760947KE0       434,639.46       385,384.84     0.000000  %      1,759.03
A-5   760947KF7             0.00             0.00     0.537274  %          0.00
R     760947KK6           100.00             0.00     7.250000  %          0.00
M-1   760947KL4     1,803,000.00     1,694,097.81     7.250000  %      6,110.94
M-2   760947KM2       901,000.00       846,579.11     7.250000  %      3,053.77
M-3   760947KN0       721,000.00       677,451.20     7.250000  %      2,443.70
B-1                   360,000.00       338,255.81     7.250000  %      1,220.15
B-2                   361,000.00       339,195.40     7.250000  %      1,223.54
B-3                   360,674.91       338,889.93     7.250000  %      1,222.45

- -------------------------------------------------------------------------------
                  120,152,774.37    88,771,543.52                  2,346,790.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       115,839.86  1,301,692.70             0.00         0.00  18,052,689.17
A-2       142,070.53    142,070.53             0.00         0.00  23,594,900.00
A-3       248,787.04  1,392,691.39             0.00         0.00  40,174,343.06
A-4             0.00      1,759.03             0.00         0.00     383,625.81
A-5        39,611.16     39,611.16             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        10,200.56     16,311.50             0.00         0.00   1,687,986.87
M-2         5,097.46      8,151.23             0.00         0.00     843,525.34
M-3         4,079.09      6,522.79             0.00         0.00     675,007.50
B-1         2,036.72      3,256.87             0.00         0.00     337,035.66
B-2         2,042.38      3,265.92             0.00         0.00     337,971.86
B-3         2,040.54      3,262.99             0.00         0.00     337,667.48

- -------------------------------------------------------------------------------
          571,805.34  2,918,596.11             0.00         0.00  86,424,752.75
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    548.919825  33.835107     3.305177    37.140284   0.000000    515.084717
A-2   1000.000000   0.000000     6.021239     6.021239   0.000000   1000.000000
A-3    730.411388  20.221593     4.397981    24.619574   0.000000    710.189796
A-4    886.677063   4.047101     0.000000     4.047101   0.000000    882.629962
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    939.599451   3.389318     5.657549     9.046867   0.000000    936.210133
M-2    939.599456   3.389312     5.657558     9.046870   0.000000    936.210144
M-3    939.599445   3.389320     5.657545     9.046865   0.000000    936.210125
B-1    939.599472   3.389306     5.657556     9.046862   0.000000    936.210167
B-2    939.599446   3.389307     5.657562     9.046869   0.000000    936.210139
B-3    939.599403   3.389313     5.657560     9.046873   0.000000    936.210062

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:54                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S12 (POOL # 4176)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4176 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       17,729.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                        3,975.39
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     396,596.57

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      86,424,752.75

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                    2,026,435.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.20912630 %     3.64098700 %    1.14988720 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.09630470 %     3.71018673 %    0.00000000 %
CLASS A-5  - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.5273 %

      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                          8.04960826
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              155.44

POOL TRADING FACTOR:                                                71.92905299


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


Run:        03/28/97     14:31:55                                    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-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    57,514,964.10     5.895000  %  1,042,862.69
R                           0.00             0.00     0.000000  %          0.00
B-1                 1,156,700.00     1,099,877.33     6.875000  %        965.05
B-2                 1,257,300.00     1,195,535.38     6.875000  %      1,048.99
B-3                   604,098.39       574,422.21     6.875000  %        504.01

- -------------------------------------------------------------------------------
                  100,579,098.39    60,384,799.02                  1,045,380.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         263,631.86  1,306,494.55             0.00         0.00  56,472,101.41
R         129,836.65    129,836.65             0.00         0.00           0.00
B-1         5,879.63      6,844.68             0.00         0.00   1,098,912.28
B-2         6,390.99      7,439.98             0.00         0.00   1,194,486.39
B-3         3,070.70      3,574.71             0.00         0.00     573,918.20

- -------------------------------------------------------------------------------
          408,809.83  1,454,190.57             0.00         0.00  59,339,418.28
===============================================================================












Run:        03/28/97     14:31:55
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      589.528235  10.689340     2.702226    13.391566   0.000000    578.838895
B-1    950.875188   0.834313     5.083107     5.917420   0.000000    950.040875
B-2    950.875193   0.834320     5.083107     5.917427   0.000000    950.040873
B-3    950.875254   0.834318     5.083112     5.917430   0.000000    950.040936

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:55                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S13 (POOL # 4177)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4177 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,430.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       18,840.98
MASTER SERVICER ADVANCES THIS MONTH                                    5,456.24


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,105,203.51

 (B)  TWO MONTHLY PAYMENTS:                                    4     949,310.72

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     101,510.77


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        366,461.70

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      59,339,418.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          330

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                 725,568.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      992,397.94

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          95.24742160 %     4.75257840 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             95.16793900 %     4.83206100 %

      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                          8.64104421
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.08

POOL TRADING FACTOR:                                                58.99776318


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


Run:        03/28/97     14:31:56                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    25,082,893.57     7.500000  %  1,944,396.81
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    66,171,919.38     7.500000  %  1,282,746.50
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     1,142,828.14     0.000000  %      8,197.17
R     760947MG3           100.00             0.00     7.500000  %          0.00
M-1   760947MH1    10,777,500.00    10,631,209.30     7.500000  %      8,419.45
M-2   760947MJ7     5,987,500.00     5,906,227.38     7.500000  %      4,677.47
M-3   760947MK4     4,790,000.00     4,724,981.90     7.500000  %      3,741.98
B-1                 2,395,000.00     2,362,490.95     7.500000  %      1,870.99
B-2                 1,437,000.00     1,417,494.57     7.500000  %      1,122.59
B-3                 2,155,426.27     2,123,759.59     7.500000  %      1,681.93

- -------------------------------------------------------------------------------
                  478,999,910.73   406,942,505.78                  3,256,854.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       156,709.29  2,101,106.10             0.00         0.00  23,138,496.76
A-2       355,335.46    355,335.46             0.00         0.00  56,875,000.00
A-3       146,819.92    146,819.92             0.00         0.00  23,500,000.00
A-4             0.00          0.00             0.00         0.00           0.00
A-5       413,419.42  1,696,165.92             0.00         0.00  64,889,172.88
A-6       607,347.17    607,347.17             0.00         0.00  97,212,000.00
A-7        77,639.63     77,639.63             0.00         0.00  12,427,000.00
A-8       332,267.24    332,267.24             0.00         0.00  53,182,701.00
A-9       256,656.38    256,656.38             0.00         0.00  41,080,426.00
A-10       19,377.57     19,377.57             0.00         0.00   3,101,574.00
A-11            0.00      8,197.17             0.00         0.00   1,134,630.97
R               0.00          0.00             0.00         0.00           0.00
M-1        66,420.14     74,839.59             0.00         0.00  10,622,789.85
M-2        36,900.08     41,577.55             0.00         0.00   5,901,549.91
M-3        29,520.07     33,262.05             0.00         0.00   4,721,239.92
B-1        14,760.03     16,631.02             0.00         0.00   2,360,619.96
B-2         8,856.02      9,978.61             0.00         0.00   1,416,371.98
B-3        13,268.52     14,950.45             0.00         0.00   2,045,249.07

- -------------------------------------------------------------------------------
        2,535,296.94  5,792,151.83             0.00         0.00 403,608,822.30
===============================================================================













































Run:        03/28/97     14:31:56
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    367.504155  28.488496     2.296040    30.784536   0.000000    339.015659
A-2   1000.000000   0.000000     6.247656     6.247656   0.000000   1000.000000
A-3   1000.000000   0.000000     6.247656     6.247656   0.000000   1000.000000
A-4      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-5    882.292258  17.103287     5.512259    22.615546   0.000000    865.188972
A-6   1000.000000   0.000000     6.247656     6.247656   0.000000   1000.000000
A-7   1000.000000   0.000000     6.247657     6.247657   0.000000   1000.000000
A-8   1000.000000   0.000000     6.247656     6.247656   0.000000   1000.000000
A-9   1000.000000   0.000000     6.247656     6.247656   0.000000   1000.000000
A-10  1000.000000   0.000000     6.247657     6.247657   0.000000   1000.000000
A-11   972.218842   6.973440     0.000000     6.973440   0.000000    965.245402
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    986.426286   0.781206     6.162852     6.944058   0.000000    985.645080
M-2    986.426285   0.781206     6.162853     6.944059   0.000000    985.645079
M-3    986.426284   0.781207     6.162854     6.944061   0.000000    985.645077
B-1    986.426284   0.781207     6.162852     6.944059   0.000000    985.645077
B-2    986.426284   0.781204     6.162853     6.944057   0.000000    985.645080
B-3    985.308391   0.780324     6.155868     6.936192   0.000000    948.883800

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:31:57                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S14 (POOL # 4178)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4178 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       83,029.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,153.05

SPREAD                                                               143,962.52

SUBSERVICER ADVANCES THIS MONTH                                       69,091.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   6,695,033.04

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,496,771.91

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     417,271.29


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        503,243.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     403,608,822.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,407

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,796,221.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.30552360 %     1.45484200 %    5.23963420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.27464440 %     1.44254553 %    5.27874340 %

      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                          8.20206269
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.01

POOL TRADING FACTOR:                                                84.26073017


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


Run:        03/28/97     14:32:00                                    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    69,387,224.85     7.000000  %  2,260,340.09
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     1,135,958.41     0.000000  %      6,364.21
A-6   7609473R0             0.00             0.00     0.502261  %          0.00
R     760947MU2           100.00             0.00     7.000000  %          0.00
M-1   760947MR9     2,277,000.00     2,156,370.36     7.000000  %      8,081.37
M-2   760947MS7       911,000.00       862,737.55     7.000000  %      3,233.26
M-3   760947MT5     1,367,000.00     1,294,579.84     7.000000  %      4,851.66
B-1                   455,000.00       430,895.25     7.000000  %      1,614.86
B-2                   455,000.00       430,895.25     7.000000  %      1,614.86
B-3                   455,670.95       431,530.74     7.000000  %      1,617.24

- -------------------------------------------------------------------------------
                  182,156,882.70   149,645,192.25                  2,287,717.55
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       404,419.87  2,664,759.96             0.00         0.00  67,126,884.76
A-2       198,167.25    198,167.25             0.00         0.00  34,000,000.00
A-3        81,598.28     81,598.28             0.00         0.00  14,000,000.00
A-4       148,712.87    148,712.87             0.00         0.00  25,515,000.00
A-5             0.00      6,364.21             0.00         0.00   1,129,594.20
A-6        62,581.66     62,581.66             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        12,568.30     20,649.67             0.00         0.00   2,148,288.99
M-2         5,028.43      8,261.69             0.00         0.00     859,504.29
M-3         7,545.40     12,397.06             0.00         0.00   1,289,728.18
B-1         2,511.46      4,126.32             0.00         0.00     429,280.39
B-2         2,511.46      4,126.32             0.00         0.00     429,280.39
B-3         2,515.15      4,132.39             0.00         0.00     429,913.50

- -------------------------------------------------------------------------------
          928,160.13  3,215,877.68             0.00         0.00 147,357,474.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    683.617979  22.269360     3.984432    26.253792   0.000000    661.348618
A-2   1000.000000   0.000000     5.828449     5.828449   0.000000   1000.000000
A-3   1000.000000   0.000000     5.828449     5.828449   0.000000   1000.000000
A-4   1000.000000   0.000000     5.828449     5.828449   0.000000   1000.000000
A-5    930.265727   5.211816     0.000000     5.211816   0.000000    925.053911
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    947.022556   3.549130     5.519675     9.068805   0.000000    943.473426
M-2    947.022558   3.549133     5.519682     9.068815   0.000000    943.473425
M-3    947.022560   3.549129     5.519678     9.068807   0.000000    943.473431
B-1    947.022527   3.549143     5.519692     9.068835   0.000000    943.473385
B-2    947.022527   3.549143     5.519692     9.068835   0.000000    943.473385
B-3    947.022715   3.549052     5.519663     9.068715   0.000000    943.473575

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:01                                        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                       30,043.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,882.56

SUBSERVICER ADVANCES THIS MONTH                                       30,840.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,306,945.97

 (B)  TWO MONTHLY PAYMENTS:                                    1     557,010.91

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     246,232.71


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,010,974.78

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     147,357,474.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          567

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,726,333.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.22447110 %     2.90466000 %    0.87086920 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.17993800 %     2.91639190 %    0.88114130 %

      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                          7.73578051
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              156.34

POOL TRADING FACTOR:                                                80.89591374


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


Run:        03/28/97     14:32:02                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-S16 (POOL # 4184)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4184 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947MV0    15,150,000.00    10,398,788.51     7.500000  %    296,300.26
A-2   760947MW8   152,100,000.00   108,961,397.63     7.500000  %  2,690,256.84
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    41,902,906.29     7.500000  %    101,824.26
A-8   760947NC1    22,189,665.00    17,163,809.65     8.500000  %    313,427.90
A-9   760947ND9    24,993,667.00    19,358,521.94     7.000000  %    351,425.10
A-10  760947NE7     9,694,332.00     7,486,049.48     7.250000  %    137,715.34
A-11  760947NF4    19,384,664.00    14,968,098.67     7.125000  %    275,430.69
A-12  760947NG2       917,418.09       875,745.89     0.000000  %        974.43
A-13  7609473Q1             0.00             0.00     0.521877  %          0.00
R     760947NH0           100.00             0.00     7.500000  %          0.00
M-1   760947NK3    10,149,774.00    10,024,979.14     7.500000  %     24,360.75
M-2   760947NL1     5,638,762.00     5,569,431.55     7.500000  %     13,533.75
M-3   760947NM9     4,511,009.00     4,455,544.65     7.500000  %     10,826.99
B-1   760947NN7     2,255,508.00     2,227,775.78     7.500000  %      5,413.51
B-2   760947NP2     1,353,299.00     1,336,659.73     7.500000  %      3,248.09
B-3   760947NQ0     2,029,958.72     2,002,017.57     7.500000  %      4,864.90

- -------------------------------------------------------------------------------
                  451,101,028.81   385,040,068.48                  4,229,602.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        64,956.92    361,257.18             0.00         0.00  10,102,488.25
A-2       680,636.62  3,370,893.46             0.00         0.00 106,271,140.79
A-3        59,856.28     59,856.28             0.00         0.00   9,582,241.00
A-4       215,183.32    215,183.32             0.00         0.00  34,448,155.00
A-5       311,846.67    311,846.67             0.00         0.00  49,922,745.00
A-6       277,068.53    277,068.53             0.00         0.00  44,355,201.00
A-7       261,750.05    363,574.31             0.00         0.00  41,801,082.03
A-8       121,510.56    434,938.46             0.00         0.00  16,850,381.75
A-9       112,863.00    464,288.10             0.00         0.00  19,007,096.84
A-10       45,203.51    182,918.85             0.00         0.00   7,348,334.14
A-11       88,824.53    364,255.22             0.00         0.00  14,692,667.98
A-12            0.00        974.43             0.00         0.00     874,771.46
A-13      167,361.34    167,361.34             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,621.88     86,982.63             0.00         0.00  10,000,618.39
M-2        34,789.93     48,323.68             0.00         0.00   5,555,897.80
M-3        27,831.93     38,658.92             0.00         0.00   4,444,717.66
B-1        13,915.99     19,329.50             0.00         0.00   2,222,362.27
B-2         8,349.56     11,597.65             0.00         0.00   1,333,411.64
B-3        12,505.77     17,370.67             0.00         0.00   1,997,152.67

- -------------------------------------------------------------------------------
        2,567,076.39  6,796,679.20             0.00         0.00 380,810,465.67
===============================================================================









































Run:        03/28/97     14:32:02
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    686.388681  19.557773     4.287585    23.845358   0.000000    666.830907
A-2    716.379998  17.687422     4.474928    22.162350   0.000000    698.692576
A-3   1000.000000   0.000000     6.246585     6.246585   0.000000   1000.000000
A-4   1000.000000   0.000000     6.246585     6.246585   0.000000   1000.000000
A-5   1000.000000   0.000000     6.246585     6.246585   0.000000   1000.000000
A-6   1000.000000   0.000000     6.246585     6.246585   0.000000   1000.000000
A-7    987.704667   2.400127     6.169781     8.569908   0.000000    985.304540
A-8    773.504677  14.124950     5.475998    19.600948   0.000000    759.379727
A-9    774.537083  14.060566     4.515664    18.576230   0.000000    760.476518
A-10   772.208903  14.205758     4.662880    18.868638   0.000000    758.003145
A-11   772.161884  14.208691     4.582206    18.790897   0.000000    757.953193
A-12   954.576653   1.062144     0.000000     1.062144   0.000000    953.514509
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.704666   2.400127     6.169781     8.569908   0.000000    985.304539
M-2    987.704668   2.400128     6.169782     8.569910   0.000000    985.304540
M-3    987.704669   2.400126     6.169779     8.569905   0.000000    985.304543
B-1    987.704668   2.400129     6.169781     8.569910   0.000000    985.304539
B-2    987.704661   2.400127     6.169782     8.569909   0.000000    985.304534
B-3    986.235607   2.396556     6.160603     8.557159   0.000000    983.839056

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:03                                        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                       76,609.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,942.93

SUBSERVICER ADVANCES THIS MONTH                                       67,119.91
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   4,642,660.25

 (B)  TWO MONTHLY PAYMENTS:                                    7   3,036,734.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2   1,200,955.02


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     380,810,465.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,377

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,295,296.88

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      643,186.17

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.33191370 %     5.21910900 %    1.44897710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.27408270 %     5.25228051 %    1.46154380 %

      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                          8.29018647
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.18

POOL TRADING FACTOR:                                                84.41799982


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


Run:        03/28/97     14:32:04                                    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   123,186,732.92     7.500000  %  2,469,329.55
A-2   760947PD7     7,348,151.00     7,348,151.00     7.500000  %          0.00
A-3   760947PE5    24,828,814.00    20,125,058.84     8.500000  %    303,161.87
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    20,125,058.84     7.000000  %    303,161.87
A-8   760947PK1    42,208,985.00    41,707,211.99     7.500000  %     31,810.16
A-9   760947PL9    49,657,668.00    40,250,143.45     7.250000  %    606,324.65
A-10  760947PM7       479,655.47       437,737.76     0.000000  %        698.01
A-11  7609473S8             0.00             0.00     0.468982  %          0.00
R     760947PN5           100.00             0.00     7.500000  %          0.00
M-1   760947PP0    10,087,900.00     9,967,976.81     7.500000  %      7,602.59
M-2   760947PQ8     5,604,400.00     5,537,775.88     7.500000  %      4,223.67
M-3   760947PR6     4,483,500.00     4,430,200.93     7.500000  %      3,378.92
B-1                 2,241,700.00     2,215,051.08     7.500000  %      1,689.42
B-2                 1,345,000.00     1,329,010.87     7.500000  %      1,013.64
B-3                 2,017,603.30     1,993,618.44     7.500000  %      1,520.53

- -------------------------------------------------------------------------------
                  448,349,608.77   390,371,046.81                  3,733,914.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       769,280.09  3,238,609.64             0.00         0.00 120,717,403.37
A-2        45,887.94     45,887.94             0.00         0.00   7,348,151.00
A-3       142,434.56    445,596.43             0.00         0.00  19,821,896.97
A-4        99,400.93     99,400.93             0.00         0.00  15,917,318.00
A-5       273,523.51    273,523.51             0.00         0.00  43,800,000.00
A-6       324,731.11    324,731.11             0.00         0.00  52,000,000.00
A-7       117,299.05    420,460.92             0.00         0.00  19,821,896.97
A-8       260,454.41    292,264.57             0.00         0.00  41,675,401.83
A-9       242,976.76    849,301.41             0.00         0.00  39,643,818.80
A-10            0.00        698.01             0.00         0.00     437,039.75
A-11      152,437.97    152,437.97             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        62,248.32     69,850.91             0.00         0.00   9,960,374.22
M-2        34,582.46     38,806.13             0.00         0.00   5,533,552.21
M-3        27,665.85     31,044.77             0.00         0.00   4,426,822.01
B-1        13,832.62     15,522.04             0.00         0.00   2,213,361.66
B-2         8,299.45      9,313.09             0.00         0.00   1,327,997.23
B-3        12,449.81     13,970.34             0.00         0.00   1,992,097.91

- -------------------------------------------------------------------------------
        2,587,504.84  6,321,419.72             0.00         0.00 386,637,131.93
===============================================================================













































Run:        03/28/97     14:32:04
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    762.766148  15.289966     4.763344    20.053310   0.000000    747.476182
A-2   1000.000000   0.000000     6.244828     6.244828   0.000000   1000.000000
A-3    810.552564  12.210083     5.736664    17.946747   0.000000    798.342481
A-4   1000.000000   0.000000     6.244829     6.244829   0.000000   1000.000000
A-5   1000.000000   0.000000     6.244829     6.244829   0.000000   1000.000000
A-6   1000.000000   0.000000     6.244829     6.244829   0.000000   1000.000000
A-7    810.552564  12.210083     4.724311    16.934394   0.000000    798.342481
A-8    988.112175   0.753635     6.170592     6.924227   0.000000    987.358541
A-9    810.552430  12.210091     4.893036    17.103127   0.000000    798.342339
A-10   912.608711   1.455232     0.000000     1.455232   0.000000    911.153479
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    988.112175   0.753635     6.170592     6.924227   0.000000    987.358540
M-2    988.112176   0.753635     6.170591     6.924226   0.000000    987.358542
M-3    988.112174   0.753634     6.170592     6.924226   0.000000    987.358539
B-1    988.112183   0.753633     6.170594     6.924227   0.000000    987.358549
B-2    988.112171   0.753636     6.170595     6.924231   0.000000    987.358535
B-3    988.112202   0.753637     6.170594     6.924231   0.000000    987.358570

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:05                                        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                       79,957.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,348.67

SUBSERVICER ADVANCES THIS MONTH                                       53,063.16
MASTER SERVICER ADVANCES THIS MONTH                                    1,808.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   5,859,591.56

 (B)  TWO MONTHLY PAYMENTS:                                    2     530,925.73

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        653,404.80

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     386,637,131.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,434

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 240,020.30

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,436,069.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.46718180 %     5.11265700 %    1.42016090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.40906290 %     5.15231125 %    1.43279530 %

      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                          8.25660637
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              337.36

POOL TRADING FACTOR:                                                86.23563495


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


Run:        03/28/97     14:32:06                                    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     9,324,814.62     7.000000  %  1,995,376.88
A-2   760947NS6    45,874,000.00    45,874,000.00     7.000000  %          0.00
A-3   760947NT4    14,000,000.00    11,524,696.88     7.000000  %    282,396.24
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       381,107.52     0.000000  %      1,523.27
A-8   7609473T6             0.00             0.00     0.512923  %          0.00
R     760947NX5           100.00             0.00     7.000000  %          0.00
M-1   760947NY3     2,110,000.00     2,006,166.04     7.000000  %      7,359.60
M-2   760947NZ0     1,054,500.00     1,002,607.63     7.000000  %      3,678.06
M-3   760947PA3       773,500.00       735,435.75     7.000000  %      2,697.94
B-1                   351,000.00       333,727.15     7.000000  %      1,224.28
B-2                   281,200.00       267,362.03     7.000000  %        980.82
B-3                   350,917.39       333,648.62     7.000000  %      1,223.99

- -------------------------------------------------------------------------------
                  140,600,865.75   120,358,066.24                  2,296,461.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        54,387.70  2,049,764.58             0.00         0.00   7,329,437.74
A-2       267,563.65    267,563.65             0.00         0.00  45,874,000.00
A-3        67,218.69    349,614.93             0.00         0.00  11,242,300.64
A-4        63,038.50     63,038.50             0.00         0.00  10,808,000.00
A-5       138,824.08    138,824.08             0.00         0.00  23,801,500.00
A-6        81,451.94     81,451.94             0.00         0.00  13,965,000.00
A-7             0.00      1,523.27             0.00         0.00     379,584.25
A-8        51,438.72     51,438.72             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        11,701.12     19,060.72             0.00         0.00   1,998,806.44
M-2         5,847.78      9,525.84             0.00         0.00     998,929.57
M-3         4,289.48      6,987.42             0.00         0.00     732,737.81
B-1         1,946.49      3,170.77             0.00         0.00     332,502.87
B-2         1,559.41      2,540.23             0.00         0.00     266,381.21
B-3         1,946.03      3,170.02             0.00         0.00     332,424.63

- -------------------------------------------------------------------------------
          751,213.59  3,047,674.67             0.00         0.00 118,061,605.16
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    347.746210  74.412712     2.028257    76.440969   0.000000    273.333498
A-2   1000.000000   0.000000     5.832577     5.832577   0.000000   1000.000000
A-3    823.192634  20.171160     4.801335    24.972495   0.000000    803.021474
A-4   1000.000000   0.000000     5.832578     5.832578   0.000000   1000.000000
A-5   1000.000000   0.000000     5.832577     5.832577   0.000000   1000.000000
A-6   1000.000000   0.000000     5.800000     5.800000   0.000000   1000.000000
A-7    915.797241   3.660401     0.000000     3.660401   0.000000    912.136840
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    950.789592   3.487962     5.545555     9.033517   0.000000    947.301630
M-2    950.789597   3.487966     5.545548     9.033514   0.000000    947.301631
M-3    950.789593   3.487964     5.545546     9.033510   0.000000    947.301629
B-1    950.789601   3.487977     5.545556     9.033533   0.000000    947.301624
B-2    950.789580   3.487980     5.545555     9.033535   0.000000    947.301600
B-3    950.789643   3.487972     5.545550     9.033522   0.000000    947.301671

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:07                                        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                       24,454.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,313.48

SUBSERVICER ADVANCES THIS MONTH                                        8,086.38
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     784,762.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     118,061,605.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          452

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,854,856.39

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.10012850 %     3.12077400 %    0.77909780 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.03866210 %     3.15976885 %    0.79137720 %

      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                          7.79249683
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              157.24

POOL TRADING FACTOR:                                                83.96933015


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


Run:        03/28/97     14:32:08                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    96,826,786.81     7.000000  %    442,865.75
A-2   7609473U3             0.00             0.00     0.547918  %          0.00
R     760947QL8           100.00             0.00     7.000000  %          0.00
M-1   760947QM6     1,786,900.00     1,707,389.11     7.000000  %      6,123.77
M-2   760947QN4       893,400.00       853,646.80     7.000000  %      3,061.72
M-3   760947QP9       595,600.00       569,097.85     7.000000  %      2,041.14
B-1                   297,800.00       284,548.93     7.000000  %      1,020.57
B-2                   238,200.00       227,600.91     7.000000  %        816.32
B-3                   357,408.38       341,504.93     7.000000  %      1,224.86

- -------------------------------------------------------------------------------
                  119,123,708.38   100,810,575.34                    457,154.13
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         564,278.51  1,007,144.26             0.00         0.00  96,383,921.06
A-2        45,985.57     45,985.57             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         9,950.17     16,073.94             0.00         0.00   1,701,265.34
M-2         4,974.81      8,036.53             0.00         0.00     850,585.08
M-3         3,316.54      5,357.68             0.00         0.00     567,056.71
B-1         1,658.27      2,678.84             0.00         0.00     283,528.36
B-2         1,326.39      2,142.71             0.00         0.00     226,784.59
B-3         1,990.19      3,215.05             0.00         0.00     340,280.07

- -------------------------------------------------------------------------------
          633,480.45  1,090,634.58             0.00         0.00 100,353,421.21
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      842.306785   3.852537     4.908720     8.761257   0.000000    838.454247
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    955.503447   3.427036     5.568398     8.995434   0.000000    952.076412
M-2    955.503470   3.427043     5.568402     8.995445   0.000000    952.076427
M-3    955.503442   3.427032     5.568402     8.995434   0.000000    952.076410
B-1    955.503459   3.427032     5.568402     8.995434   0.000000    952.076427
B-2    955.503401   3.427036     5.568388     8.995424   0.000000    952.076364
B-3    955.503422   3.427032     5.568392     8.995424   0.000000    952.076361

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:09                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S19 (POOL # 4188)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4188 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,824.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,934.63

SUBSERVICER ADVANCES THIS MONTH                                        7,523.98
MASTER SERVICER ADVANCES THIS MONTH                                    3,331.91


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     355,221.11

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        424,415.11

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,353,421.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          406

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 340,781.33

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       95,583.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.04824340 %     3.10496600 %    0.84679090 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.04447950 %     3.10792307 %    0.84759740 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,030,887.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     609,536.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.86019706
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              159.37

POOL TRADING FACTOR:                                                84.24302985


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


Run:        03/28/97     14:32:10                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    29,260,995.90     6.200000  %    957,310.00
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    45,772,782.19     7.050000  %    599,561.42
A-5   760947QU8   104,043,000.00    96,972,379.81     0.000000  %    358,063.03
A-6   760947QV6    26,848,000.00    26,590,188.60     7.500000  %     19,886.00
A-7   760947QW4       366,090.95       356,787.81     0.000000  %        364.98
A-8   7609473V1             0.00             0.00     0.437842  %          0.00
R-I   760947QX2           100.00             0.00     7.500000  %          0.00
R-II  760947QY0           100.00             0.00     7.500000  %          0.00
M-1   760947QZ7     6,711,800.00     6,647,349.08     7.500000  %      4,971.35
M-2   760947RA1     4,474,600.00     4,431,632.08     7.500000  %      3,314.28
M-3   760947RB9     2,983,000.00     2,954,355.35     7.500000  %      2,209.47
B-1                 1,789,800.00     1,772,613.20     7.500000  %      1,325.68
B-2                   745,700.00       738,539.32     7.500000  %        552.33
B-3                 1,193,929.65     1,182,464.78     7.500000  %        884.35

- -------------------------------------------------------------------------------
                  298,304,120.60   260,978,088.12                  1,948,442.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       151,151.00  1,108,461.00             0.00         0.00  28,303,685.90
A-2       194,137.10    194,137.10             0.00         0.00  35,848,000.00
A-3        43,649.43     43,649.43             0.00         0.00   8,450,000.00
A-4       268,860.30    868,421.72             0.00         0.00  45,173,220.77
A-5       258,688.24    616,751.27       435,139.41         0.00  97,049,456.19
A-6       166,154.82    186,040.82             0.00         0.00  26,570,302.60
A-7             0.00        364.98             0.00         0.00     356,422.83
A-8        95,203.20     95,203.20             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        41,537.46     46,508.81             0.00         0.00   6,642,377.73
M-2        27,692.06     31,006.34             0.00         0.00   4,428,317.80
M-3        18,460.96     20,670.43             0.00         0.00   2,952,145.88
B-1        11,076.57     12,402.25             0.00         0.00   1,771,287.52
B-2         4,614.93      5,167.26             0.00         0.00     737,986.99
B-3         7,388.89      8,273.24             0.00         0.00   1,181,580.43

- -------------------------------------------------------------------------------
        1,288,614.96  3,237,057.85       435,139.41         0.00 259,464,784.64
===============================================================================

















































Run:        03/28/97     14:32:10
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    780.293224  25.528267     4.030693    29.558960   0.000000    754.764957
A-2   1000.000000   0.000000     5.415563     5.415563   0.000000   1000.000000
A-3   1000.000000   0.000000     5.165613     5.165613   0.000000   1000.000000
A-4    679.625571   8.902174     3.991987    12.894161   0.000000    670.723397
A-5    932.041366   3.441491     2.486359     5.927850   4.182304    932.782178
A-6    990.397370   0.740688     6.188722     6.929410   0.000000    989.656682
A-7    974.587900   0.996965     0.000000     0.996965   0.000000    973.590934
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.397372   0.740688     6.188721     6.929409   0.000000    989.656684
M-2    990.397372   0.740687     6.188723     6.929410   0.000000    989.656684
M-3    990.397368   0.740687     6.188723     6.929410   0.000000    989.656681
B-1    990.397363   0.740686     6.188719     6.929405   0.000000    989.656677
B-2    990.397372   0.740687     6.188722     6.929409   0.000000    989.656685
B-3    990.397366   0.740689     6.188715     6.929404   0.000000    989.656660

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:11                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-S21 (POOL # 4189)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4189 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       54,161.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,735.78

SUBSERVICER ADVANCES THIS MONTH                                       37,454.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   2,499,152.86

 (B)  TWO MONTHLY PAYMENTS:                                    3     798,878.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     228,855.34


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                      1,486,446.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     259,464,784.64

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          975

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,318,096.26

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.19819450 %     5.38457000 %    1.41723540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.16359530 %     5.40452587 %    1.42444460 %

      BANKRUPTCY AMOUNT AVAILABLE                         106,142.00
      FRAUD AMOUNT AVAILABLE                            2,662,797.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,243,641.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.22195239
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.69

POOL TRADING FACTOR:                                                86.97995325


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


Run:        03/28/97     14:34:13                                    REPT1B.FRG
Page:         1 of 3
                    NORWEST MORTGAGE, INC. (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-R20 (POOL # 10044)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   10044
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947PS4    17,500,000.00    13,902,581.12     7.500000  %    185,094.18
A-2   760947PT2    73,285,445.00    62,205,351.06     7.500000  %    570,092.33
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    29,822,426.37     7.500000  %     25,541.29
A-6   760947PX3    19,608,650.00    16,190,321.31     7.500000  %    175,879.64
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    96,774,388.33     7.500000  %    888,487.88
A-11  760947QC8     3,268,319.71     3,022,824.79     0.000000  %      3,794.36
R     760947QD6           100.00             0.00     7.500000  %          0.00
M-1   760947QE4     7,342,463.00     7,254,223.91     7.500000  %      6,212.85
M-2   760947QF1     5,710,804.00     5,642,173.63     7.500000  %      4,832.22
M-3   760947QG9     3,263,317.00     3,224,099.64     7.500000  %      2,761.27
B-1   760947QH7     1,794,824.00     1,773,254.46     7.500000  %      1,518.70
B-2   760947QJ3     1,142,161.00     1,128,434.93     7.500000  %        966.44
B-3                 1,957,990.76     1,926,967.76     7.500000  %      1,650.37

- -------------------------------------------------------------------------------
                  326,331,688.47   290,096,785.31                  1,866,831.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        86,851.46    271,945.64             0.00         0.00  13,717,486.94
A-2       388,605.95    958,698.28             0.00         0.00  61,635,258.73
A-3        48,513.70     48,513.70             0.00         0.00   7,765,738.00
A-4       210,360.17    210,360.17             0.00         0.00  33,673,000.00
A-5       186,305.07    211,846.36             0.00         0.00  29,796,885.08
A-6       101,143.32    277,022.96             0.00         0.00  16,014,441.67
A-7        17,335.83     17,335.83             0.00         0.00   2,775,000.00
A-8         6,434.56      6,434.56             0.00         0.00   1,030,000.00
A-9        12,406.83     12,406.83             0.00         0.00   1,986,000.00
A-10      604,563.81  1,493,051.69             0.00         0.00  95,885,900.45
A-11            0.00      3,794.36             0.00         0.00   3,019,030.43
R               0.00          0.00             0.00         0.00           0.00
M-1        45,318.20     51,531.05             0.00         0.00   7,248,011.06
M-2        35,247.49     40,079.71             0.00         0.00   5,637,341.41
M-3        20,141.42     22,902.69             0.00         0.00   3,221,338.37
B-1        11,077.78     12,596.48             0.00         0.00   1,771,735.76
B-2         7,049.50      8,015.94             0.00         0.00   1,127,468.49
B-3        12,038.05     13,688.42             0.00         0.00   1,925,317.39

- -------------------------------------------------------------------------------
        1,793,393.14  3,660,224.67             0.00         0.00 288,229,953.78
===============================================================================













































Run:        03/28/97     14:34:13
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    794.433207  10.576810     4.962941    15.539751   0.000000    783.856397
A-2    848.809079   7.779066     5.302635    13.081701   0.000000    841.030013
A-3   1000.000000   0.000000     6.247146     6.247146   0.000000   1000.000000
A-4   1000.000000   0.000000     6.247147     6.247147   0.000000   1000.000000
A-5    987.982360   0.846153     6.172071     7.018224   0.000000    987.136207
A-6    825.672410   8.969493     5.158097    14.127590   0.000000    816.702918
A-7   1000.000000   0.000000     6.247146     6.247146   0.000000   1000.000000
A-8   1000.000000   0.000000     6.247146     6.247146   0.000000   1000.000000
A-9   1000.000000   0.000000     6.247145     6.247145   0.000000   1000.000000
A-10   848.580335   7.790836     5.301206    13.092042   0.000000    840.789500
A-11   924.886504   1.160951     0.000000     1.160951   0.000000    923.725553
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    987.982358   0.846153     6.172071     7.018224   0.000000    987.136205
M-2    987.982363   0.846154     6.172071     7.018225   0.000000    987.136209
M-3    987.982363   0.846154     6.172070     7.018224   0.000000    987.136208
B-1    987.982365   0.846155     6.172070     7.018225   0.000000    987.136210
B-2    987.982369   0.846150     6.172072     7.018222   0.000000    987.136218
B-3    984.155696   0.842874     6.148165     6.991039   0.000000    983.312807

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:34:14                                        rept2.frg
Page:      3 of 3
                    NORWEST MORTGAGE, INC. (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1995-R20 (POOL # 10044)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 10044
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,995.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SPREAD                                                                90,256.61

SUBSERVICER ADVANCES THIS MONTH                                       17,171.48
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     913,471.50

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3   1,110,281.09


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        246,653.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     288,229,953.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,011

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,617,762.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.70252370 %     5.61545100 %    1.68202550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.66114630 %     5.58813913 %    1.69156270 %

      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                          8.06604682
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              328.58

POOL TRADING FACTOR:                                                88.32423083

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


Run:        03/28/97     14:32:15                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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   142,823,812.02     6.850000  %  2,461,104.06
A-2   760947RD5    25,000,000.00    21,670,668.10     7.250000  %    263,872.94
A-3   760947RE3    22,600,422.00    22,600,422.00     7.000000  %          0.00
A-4   760947RF0    15,842,000.00    14,519,037.85     6.750000  %    106,121.96
A-5   760947RG8    11,649,000.00    11,131,899.83     6.900000  %     41,479.41
A-6   760947RU7    73,856,000.00    75,178,962.15     0.000000  %          0.00
A-7   760947RH6    93,000,000.00    83,251,934.61     7.250000  %    772,602.67
A-8   760947RJ2     6,350,000.00     6,867,100.17     7.250000  %          0.00
A-9   760947RK9    20,348,738.00    16,714,695.14     7.250000  %    288,023.43
A-10  760947RL7     2,511,158.00     2,511,158.00     9.500000  %          0.00
A-11  760947RM5    40,000,000.00    40,000,000.00     7.100000  %          0.00
A-12  760947RN3    15,000,000.00    15,000,000.00     7.250000  %          0.00
A-13  760947RP8       178,301.34       169,703.16     0.000000  %        190.85
A-14  7609473W9             0.00             0.00     0.633381  %          0.00
R-I   760947RQ6           100.00             0.00     7.250000  %          0.00
R-II  760947RY9           100.00             0.00     7.250000  %          0.00
M-1   760947RR4    11,941,396.00    11,833,805.50     7.250000  %      8,847.94
M-2   760947RS2     6,634,109.00     6,574,336.51     7.250000  %      4,915.52
M-3   760947RT0     5,307,287.00     5,259,469.01     7.250000  %      3,932.42
B-1   760947RV5     3,184,372.00     3,155,681.20     7.250000  %      2,359.45
B-2   760947RW3     1,326,822.00     1,314,867.49     7.250000  %        983.10
B-3   760947RX1     2,122,914.66     2,103,787.46     7.250000  %      1,572.96

- -------------------------------------------------------------------------------
                  530,728,720.00   482,681,340.20                  3,956,006.71
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       815,102.71  3,276,206.77             0.00         0.00 140,362,707.96
A-2       130,897.53    394,770.47             0.00         0.00  21,406,795.16
A-3       131,806.17    131,806.17             0.00         0.00  22,600,422.00
A-4        81,651.24    187,773.20             0.00         0.00  14,412,915.89
A-5        63,994.04    105,473.45             0.00         0.00  11,090,420.42
A-6       409,872.63    409,872.63       106,121.96         0.00  75,285,084.11
A-7       502,867.40  1,275,470.07             0.00         0.00  82,479,331.94
A-8             0.00          0.00        41,479.41         0.00   6,908,579.58
A-9       100,961.93    388,985.36             0.00         0.00  16,426,671.71
A-10       19,875.53     19,875.53             0.00         0.00   2,511,158.00
A-11      236,613.48    236,613.48             0.00         0.00  40,000,000.00
A-12       90,604.63     90,604.63             0.00         0.00  15,000,000.00
A-13            0.00        190.85             0.00         0.00     169,512.31
A-14      254,710.50    254,710.50             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        71,479.84     80,327.78             0.00         0.00  11,824,957.56
M-2        39,711.02     44,626.54             0.00         0.00   6,569,420.99
M-3        31,768.82     35,701.24             0.00         0.00   5,255,536.59
B-1        19,061.29     21,420.74             0.00         0.00   3,153,321.75
B-2         7,942.20      8,925.30             0.00         0.00   1,313,884.39
B-3        12,707.52     14,280.48             0.00         0.00   2,102,214.50

- -------------------------------------------------------------------------------
        3,021,628.48  6,977,635.19       147,601.37         0.00 478,872,934.86
===============================================================================





































Run:        03/28/97     14:32:15
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    821.411880  14.154363     4.687839    18.842202   0.000000    807.257517
A-2    866.826724  10.554918     5.235901    15.790819   0.000000    856.271806
A-3   1000.000000   0.000000     5.832023     5.832023   0.000000   1000.000000
A-4    916.490206   6.698773     5.154099    11.852872   0.000000    909.791434
A-5    955.609909   3.560770     5.493522     9.054292   0.000000    952.049139
A-6   1017.912724   0.000000     5.549619     5.549619   1.436877   1019.349601
A-7    895.182093   8.307556     5.407176    13.714732   0.000000    886.874537
A-8   1081.433098   0.000000     0.000000     0.000000   6.532191   1087.965288
A-9    821.411880  14.154363     4.961582    19.115945   0.000000    807.257517
A-10  1000.000000   0.000000     7.914886     7.914886   0.000000   1000.000000
A-11  1000.000000   0.000000     5.915337     5.915337   0.000000   1000.000000
A-12  1000.000000   0.000000     6.040309     6.040309   0.000000   1000.000000
A-13   951.777255   1.070379     0.000000     1.070379   0.000000    950.706876
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.990124   0.740947     5.985886     6.726833   0.000000    990.249177
M-2    990.990125   0.740947     5.985886     6.726833   0.000000    990.249179
M-3    990.990125   0.740947     5.985887     6.726834   0.000000    990.249178
B-1    990.990123   0.740947     5.985887     6.726834   0.000000    990.249176
B-2    990.990118   0.740943     5.985882     6.726825   0.000000    990.249174
B-3    990.990123   0.740948     5.985884     6.726832   0.000000    990.249179

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:16                                        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                       98,822.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,247.80

SUBSERVICER ADVANCES THIS MONTH                                       65,839.25
MASTER SERVICER ADVANCES THIS MONTH                                    4,494.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   6,286,717.93

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,346,362.64

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     473,313.29


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        869,469.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     478,872,934.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,759

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                 604,149.40

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,447,490.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.73239010 %     4.90508600 %    1.36252390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.68725300 %     4.93866189 %    1.37233630 %

      BANKRUPTCY AMOUNT AVAILABLE                         165,277.00
      FRAUD AMOUNT AVAILABLE                            4,859,749.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,859,749.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.17225908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.47

POOL TRADING FACTOR:                                                90.22932372


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


Run:        03/28/97     14:32:18                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    46,456,441.41     6.750000  %    657,825.08
A-2   760947SA0    20,391,493.00    20,391,493.00     6.750000  %          0.00
A-3   760947SB8    29,250,000.00    25,812,741.48     6.750000  %    254,013.36
A-4   760947SC6       313,006.32       287,241.47     0.000000  %      1,317.00
A-5   7609473X7             0.00             0.00     0.561017  %          0.00
R     760947SD4           100.00             0.00     6.750000  %          0.00
M-1   760947SE2     1,364,000.00     1,304,722.32     6.750000  %      4,873.49
M-2   760947SF9       818,000.00       782,450.78     6.750000  %      2,922.67
M-3   760947SG7       546,000.00       522,271.56     6.750000  %      1,950.83
B-1                   491,000.00       469,661.77     6.750000  %      1,754.32
B-2                   273,000.00       261,135.76     6.750000  %        975.41
B-3                   327,627.84       313,389.72     6.750000  %      1,170.60

- -------------------------------------------------------------------------------
                  109,132,227.16    96,601,549.27                    926,802.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       260,838.17    918,663.25             0.00         0.00  45,798,616.33
A-2       114,491.76    114,491.76             0.00         0.00  20,391,493.00
A-3       144,930.35    398,943.71             0.00         0.00  25,558,728.12
A-4             0.00      1,317.00             0.00         0.00     285,924.47
A-5        45,079.76     45,079.76             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,325.60     12,199.09             0.00         0.00   1,299,848.83
M-2         4,393.22      7,315.89             0.00         0.00     779,528.11
M-3         2,932.39      4,883.22             0.00         0.00     520,320.73
B-1         2,637.00      4,391.32             0.00         0.00     467,907.45
B-2         1,466.20      2,441.61             0.00         0.00     260,160.35
B-3         1,759.59      2,930.19             0.00         0.00     312,219.12

- -------------------------------------------------------------------------------
          585,854.04  1,512,656.80             0.00         0.00  95,674,746.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    839.200141  11.883108     4.711842    16.594950   0.000000    827.317033
A-2   1000.000000   0.000000     5.614683     5.614683   0.000000   1000.000000
A-3    882.486888   8.684218     4.954884    13.639102   0.000000    873.802671
A-4    917.685847   4.207583     0.000000     4.207583   0.000000    913.478265
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    956.541290   3.572940     5.370674     8.943614   0.000000    952.968350
M-2    956.541296   3.572946     5.370685     8.943631   0.000000    952.968350
M-3    956.541319   3.572949     5.370678     8.943627   0.000000    952.968370
B-1    956.541283   3.572953     5.370672     8.943625   0.000000    952.968330
B-2    956.541245   3.572930     5.370696     8.943626   0.000000    952.968315
B-3    956.541788   3.572956     5.370697     8.943653   0.000000    952.968846

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:18                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S2 (POOL # 4193)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4193 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       19,885.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,321.13

SUBSERVICER ADVANCES THIS MONTH                                        7,547.12
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     392,054.76

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        386,430.97

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      95,674,746.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          350

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      565,834.25

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.20655330 %     2.70930100 %    1.08414550 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.18405540 %     2.71722452 %    1.09057530 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              976,302.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     661,887.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.59011849
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              159.20

POOL TRADING FACTOR:                                                87.66864656


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


Run:        03/28/97     14:32:13                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S3 (POOL # 4191)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4191 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947SH5    25,823,654.00    22,658,609.42     7.000000  %    207,319.39
A-2   760947SJ1    50,172,797.00    44,897,722.83     7.400000  %    345,532.30
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    33,207,125.59     7.250000  %     24,883.69
A-6   760947SN2    45,513,473.00    39,932,973.66     7.250000  %    365,538.52
A-7   760947SP7     8,560,000.00     8,560,000.00     7.125000  %          0.00
A-8   760947SQ5    77,000,000.00    69,095,459.91     7.250000  %    517,769.77
A-9   760947SR3    36,574,716.00    30,220,731.18     7.250000  %    416,204.01
A-10  7609473Y5             0.00             0.00     0.632350  %          0.00
R     760947SS1           100.00             0.00     7.250000  %          0.00
M-1   760947ST9     8,000,000.00     7,927,686.53     7.250000  %      5,940.60
M-2   760947SU6     5,333,000.00     5,284,794.02     7.250000  %      3,960.15
M-3   760947SV4     3,555,400.00     3,523,262.06     7.250000  %      2,640.15
B-1                 1,244,400.00     1,233,151.64     7.250000  %        924.06
B-2                   888,900.00       880,865.06     7.250000  %        660.07
B-3                 1,422,085.30     1,409,230.84     7.250000  %      1,055.99

- -------------------------------------------------------------------------------
                  355,544,080.30   326,777,138.74                  1,892,428.70
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       132,152.70    339,472.09             0.00         0.00  22,451,290.03
A-2       276,822.13    622,354.43             0.00         0.00  44,552,190.53
A-3       150,686.88    150,686.88             0.00         0.00  24,945,526.00
A-4       199,341.04    199,341.04             0.00         0.00  33,000,000.00
A-5       200,592.20    225,475.89             0.00         0.00  33,182,241.90
A-6       241,220.62    606,759.14             0.00         0.00  39,567,435.14
A-7        50,816.34     50,816.34             0.00         0.00   8,560,000.00
A-8       417,380.63    935,150.40             0.00         0.00  68,577,690.14
A-9       182,552.48    598,756.49             0.00         0.00  29,804,527.17
A-10      172,168.65    172,168.65             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        47,888.28     53,828.88             0.00         0.00   7,921,745.93
M-2        31,923.52     35,883.67             0.00         0.00   5,280,833.87
M-3        21,282.74     23,922.89             0.00         0.00   3,520,621.91
B-1         7,449.02      8,373.08             0.00         0.00   1,232,227.58
B-2         5,320.98      5,981.05             0.00         0.00     880,204.99
B-3         8,512.65      9,568.64             0.00         0.00   1,408,174.85

- -------------------------------------------------------------------------------
        2,146,110.86  4,038,539.56             0.00         0.00 324,884,710.04
===============================================================================















































Run:        03/28/97     14:32:13
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    877.436223   8.028275     5.117506    13.145781   0.000000    869.407948
A-2    894.861868   6.886845     5.517375    12.404220   0.000000    887.975022
A-3   1000.000000   0.000000     6.040638     6.040638   0.000000   1000.000000
A-4   1000.000000   0.000000     6.040638     6.040638   0.000000   1000.000000
A-5    990.960813   0.742574     5.986035     6.728609   0.000000    990.218239
A-6    877.387969   8.031435     5.299983    13.331418   0.000000    869.356534
A-7   1000.000000   0.000000     5.936488     5.936488   0.000000   1000.000000
A-8    897.343635   6.724283     5.420528    12.144811   0.000000    890.619353
A-9    826.273844  11.379555     4.991221    16.370776   0.000000    814.894288
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    990.960816   0.742575     5.986035     6.728610   0.000000    990.218241
M-2    990.960814   0.742575     5.986034     6.728609   0.000000    990.218239
M-3    990.960809   0.742575     5.986033     6.728608   0.000000    990.218234
B-1    990.960816   0.742575     5.986033     6.728608   0.000000    990.218242
B-2    990.960805   0.742569     5.986028     6.728597   0.000000    990.218236
B-3    990.960838   0.742571     5.986033     6.728604   0.000000    990.218273

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:14                                        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                       67,793.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,755.92

SUBSERVICER ADVANCES THIS MONTH                                       52,150.13
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   5,287,155.52

 (B)  TWO MONTHLY PAYMENTS:                                    2     729,254.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     347,243.06


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        849,986.77

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     324,884,710.04

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,126

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,647,558.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.80036490 %     5.12145500 %    1.07818050 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.76892530 %     5.14742652 %    1.08364820 %

      BANKRUPTCY AMOUNT AVAILABLE                         166,126.00
      FRAUD AMOUNT AVAILABLE                            3,315,462.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,315,462.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.17411946
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.69

POOL TRADING FACTOR:                                                91.37677381


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


Run:        03/28/97     14:32:19                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    45,610,881.23     7.125000  %    450,413.67
A-2   760947TF8    59,147,000.00    51,120,798.75     7.250000  %    504,824.86
A-3   760947TG6    50,000,000.00    44,875,407.51     7.250000  %    322,322.05
A-4   760947TH4     2,000,000.00     1,799,115.90     6.812500  %     12,635.03
A-5   760947TJ0    18,900,000.00    17,001,645.91     7.000000  %    119,400.98
A-6   760947TK7    25,500,000.00    22,938,728.68     7.250000  %    161,096.56
A-7   760947TL5    30,750,000.00    27,661,408.06     7.500000  %    194,263.50
A-8   760947TM3    87,500,000.00    80,645,471.21     7.350000  %    431,130.05
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    60,739,962.76     7.250000  %     46,303.65
A-14  760947TT8       709,256.16       679,571.22     0.000000  %        807.41
A-15  7609473Z2             0.00             0.00     0.508823  %          0.00
R     760947TU5           100.00             0.00     7.250000  %          0.00
M-1   760947TV3    12,822,700.00    12,713,225.28     7.250000  %      9,691.62
M-2   760947TW1     7,123,700.00     7,062,880.92     7.250000  %      5,384.22
M-3   760947TX9     6,268,900.00     6,215,378.80     7.250000  %      4,738.14
B-1                 2,849,500.00     2,825,172.19     7.250000  %      2,153.70
B-2                 1,424,700.00     1,412,536.52     7.250000  %      1,076.81
B-3                 2,280,382.97     2,260,914.13     7.250000  %      1,723.56

- -------------------------------------------------------------------------------
                  569,896,239.13   534,148,099.07                  2,267,965.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       270,737.30    721,150.97             0.00         0.00  45,160,467.56
A-2       308,766.66    813,591.52             0.00         0.00  50,615,973.89
A-3       271,044.85    593,366.90             0.00         0.00  44,553,085.46
A-4        10,210.81     22,845.84             0.00         0.00   1,786,480.87
A-5        99,147.96    218,548.94             0.00         0.00  16,882,244.93
A-6       138,548.59    299,645.15             0.00         0.00  22,777,632.12
A-7       172,834.45    367,097.95             0.00         0.00  27,467,144.56
A-8       493,812.50    924,942.55             0.00         0.00  80,214,341.16
A-9       122,569.17    122,569.17             0.00         0.00  21,400,000.00
A-10      185,987.41    185,987.41             0.00         0.00  30,271,000.00
A-11      326,700.46    326,700.46             0.00         0.00  54,090,000.00
A-12      258,654.47    258,654.47             0.00         0.00  42,824,000.00
A-13      366,865.85    413,169.50             0.00         0.00  60,693,659.11
A-14            0.00        807.41             0.00         0.00     678,763.81
A-15      226,424.29    226,424.29             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        76,787.14     86,478.76             0.00         0.00  12,703,533.66
M-2        42,659.39     48,043.61             0.00         0.00   7,057,496.70
M-3        37,540.53     42,278.67             0.00         0.00   6,210,640.66
B-1        17,063.88     19,217.58             0.00         0.00   2,823,018.49
B-2         8,531.63      9,608.44             0.00         0.00   1,411,459.71
B-3        13,655.79     15,379.35             0.00         0.00   2,259,190.57

- -------------------------------------------------------------------------------
        3,448,543.13  5,716,508.94             0.00         0.00 531,880,133.26
===============================================================================





































Run:        03/28/97     14:32:19
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    864.300789   8.535088     5.130321    13.665409   0.000000    855.765701
A-2    864.300789   8.535088     5.220327    13.755415   0.000000    855.765701
A-3    897.508150   6.446441     5.420897    11.867338   0.000000    891.061709
A-4    899.557950   6.317515     5.105405    11.422920   0.000000    893.240435
A-5    899.557985   6.317512     5.245924    11.563436   0.000000    893.240473
A-6    899.557987   6.317512     5.433278    11.750790   0.000000    893.240475
A-7    899.557986   6.317512     5.620633    11.938145   0.000000    893.240474
A-8    921.662528   4.927201     5.643571    10.570772   0.000000    916.735328
A-9   1000.000000   0.000000     5.727531     5.727531   0.000000   1000.000000
A-10  1000.000000   0.000000     6.144079     6.144079   0.000000   1000.000000
A-11  1000.000000   0.000000     6.039942     6.039942   0.000000   1000.000000
A-12  1000.000000   0.000000     6.039942     6.039942   0.000000   1000.000000
A-13   991.462429   0.755818     5.988376     6.744194   0.000000    990.706611
A-14   958.146377   1.138390     0.000000     1.138390   0.000000    957.007987
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.462428   0.755817     5.988375     6.744192   0.000000    990.706611
M-2    991.462431   0.755818     5.988375     6.744193   0.000000    990.706613
M-3    991.462426   0.755817     5.988376     6.744193   0.000000    990.706609
B-1    991.462428   0.755817     5.988377     6.744194   0.000000    990.706612
B-2    991.462427   0.755815     5.988369     6.744184   0.000000    990.706612
B-3    991.462469   0.755816     5.988376     6.744192   0.000000    990.706649

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:21                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S4 (POOL # 4196)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4196 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      113,012.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    15,367.88

SUBSERVICER ADVANCES THIS MONTH                                       78,456.50
MASTER SERVICER ADVANCES THIS MONTH                                    8,092.14


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    26   6,698,018.96

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,104,363.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      3,008,270.67

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     531,880,133.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,821

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       2

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS               1,071,025.81

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,860,676.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.90964860 %     4.87216800 %    1.21818300 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.88831780 %     4.88299325 %    1.22244960 %

      BANKRUPTCY AMOUNT AVAILABLE                         175,482.00
      FRAUD AMOUNT AVAILABLE                            5,337,598.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   6,193,457.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.04845481
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.65

POOL TRADING FACTOR:                                                93.32929343


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


Run:        03/28/97     14:32:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    46,973,793.28     6.750000  %  1,072,867.53
A-2   760947SX0    21,274,070.00    21,274,070.00     6.750000  %          0.00
A-3   760947SY8    38,926,942.00    34,746,736.15     6.750000  %    546,224.35
A-4   760947SZ5       177,268.15       167,288.02     0.000000  %      1,272.85
A-5   7609474J7             0.00             0.00     0.520820  %          0.00
R     760947TA9           100.00             0.00     6.750000  %          0.00
M-1   760947TB7     1,493,000.00     1,434,578.03     6.750000  %      5,140.70
M-2   760947TC5       597,000.00       573,639.02     6.750000  %      2,055.59
M-3   760947TD3       597,000.00       573,639.02     6.750000  %      2,055.59
B-1                   597,000.00       573,639.02     6.750000  %      2,055.59
B-2                   299,000.00       287,299.97     6.750000  %      1,029.52
B-3                   298,952.57       287,254.41     6.750000  %      1,029.36

- -------------------------------------------------------------------------------
                  119,444,684.72   106,891,936.92                  1,633,731.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       263,962.14  1,336,829.67             0.00         0.00  45,900,925.75
A-2       119,546.42    119,546.42             0.00         0.00  21,274,070.00
A-3       195,254.04    741,478.39             0.00         0.00  34,200,511.80
A-4             0.00      1,272.85             0.00         0.00     166,015.17
A-5        46,346.26     46,346.26             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,061.39     13,202.09             0.00         0.00   1,429,437.33
M-2         3,223.48      5,279.07             0.00         0.00     571,583.43
M-3         3,223.48      5,279.07             0.00         0.00     571,583.43
B-1         3,223.48      5,279.07             0.00         0.00     571,583.43
B-2         1,614.44      2,643.96             0.00         0.00     286,270.45
B-3         1,614.19      2,643.55             0.00         0.00     286,225.05

- -------------------------------------------------------------------------------
          646,069.32  2,279,800.40             0.00         0.00 105,258,205.84
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    851.215817  19.441517     4.783279    24.224796   0.000000    831.774300
A-2   1000.000000   0.000000     5.619349     5.619349   0.000000   1000.000000
A-3    892.614070  14.032039     5.015910    19.047949   0.000000    878.582032
A-4    943.700377   7.180365     0.000000     7.180365   0.000000    936.520012
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    960.869411   3.443202     5.399457     8.842659   0.000000    957.426209
M-2    960.869380   3.443199     5.399464     8.842663   0.000000    957.426181
M-3    960.869380   3.443199     5.399464     8.842663   0.000000    957.426181
B-1    960.869380   3.443199     5.399464     8.842663   0.000000    957.426181
B-2    960.869465   3.443211     5.399465     8.842676   0.000000    957.426254
B-3    960.869512   3.443188     5.399485     8.842673   0.000000    957.426290

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:22                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S5 (POOL # 4197)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4197 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       23,439.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,633.27

SUBSERVICER ADVANCES THIS MONTH                                       19,806.47
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   2,088,540.65

 (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                                                     105,258,205.84

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          363

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,250,621.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.50497850 %     2.41917500 %    1.07584650 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.46340690 %     2.44408896 %    1.08864310 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,071,844.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,128,553.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.57849644
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              161.12

POOL TRADING FACTOR:                                                88.12297181


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


Run:        03/28/97     14:32:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    62,241,729.33     6.625000  %  1,064,786.73
A-2   760947UL3    50,000,000.00    44,749,812.04     6.625000  %    970,834.96
A-3   760947UM1    12,000,000.00    12,000,000.00     6.625000  %          0.00
A-4   760947UN9    10,424,000.00     9,433,239.99     6.000000  %     93,245.45
A-5   760947UP4    40,000,000.00    37,288,449.77     6.625000  %    400,081.32
A-6   760947UQ2     9,032,000.00     9,032,000.00     7.000000  %          0.00
A-7   760947UR0     9,317,000.00     7,218,978.58     8.000000  %    703,041.68
A-8   760947US8     1,331,000.00     1,031,282.66     0.000000  %    100,434.53
A-9   760947UT6    67,509,000.00    66,645,886.94     0.000000  %    312,007.98
A-10  760947UU3    27,446,000.00    27,201,523.19     7.000000  %     21,184.33
A-11  760947UV1    15,000,000.00    14,866,386.64     7.000000  %     11,577.82
A-12  760947UW9    72,100,000.00    65,999,011.95     6.625000  %    900,182.98
A-13  760947UX7    17,900,000.00    17,900,000.00     6.625000  %          0.00
A-14  7609474A6             0.00             0.00     0.641102  %          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     9,464,932.83     7.000000  %      7,371.21
M-2   760947VB4     5,306,000.00     5,258,736.50     7.000000  %      4,095.46
M-3   760947VC2     4,669,000.00     4,627,410.61     7.000000  %      3,603.79
B-1                 2,335,000.00     2,314,200.86     7.000000  %      1,802.28
B-2                   849,000.00       841,437.48     7.000000  %        655.30
B-3                 1,698,373.98     1,683,245.60     7.000000  %      1,310.90

- -------------------------------------------------------------------------------
                  424,466,573.98   399,798,264.97                  4,596,216.72
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       343,501.03  1,408,287.76             0.00         0.00  61,176,942.60
A-2       246,966.25  1,217,801.21             0.00         0.00  43,778,977.08
A-3        66,225.87     66,225.87             0.00         0.00  12,000,000.00
A-4        47,149.02    140,394.47             0.00         0.00   9,339,994.54
A-5       205,788.33    605,869.65             0.00         0.00  36,888,368.45
A-6        52,667.48     52,667.48             0.00         0.00   9,032,000.00
A-7        48,108.99    751,150.67             0.00         0.00   6,515,936.90
A-8             0.00    100,434.53             0.00         0.00     930,848.13
A-9       378,267.34    690,275.32        93,245.45         0.00  66,427,124.41
A-10      158,617.75    179,802.08             0.00         0.00  27,180,338.86
A-11       86,689.00     98,266.82             0.00         0.00  14,854,808.82
A-12      364,236.82  1,264,419.80             0.00         0.00  65,098,828.97
A-13       98,786.92     98,786.92             0.00         0.00  17,900,000.00
A-14      213,515.02    213,515.02             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        55,192.00     62,563.21             0.00         0.00   9,457,561.62
M-2        30,664.79     34,760.25             0.00         0.00   5,254,641.04
M-3        26,983.40     30,587.19             0.00         0.00   4,623,806.82
B-1        13,494.59     15,296.87             0.00         0.00   2,312,398.58
B-2         4,906.60      5,561.90             0.00         0.00     840,782.18
B-3         9,815.35     11,126.25             0.00         0.00   1,681,934.70

- -------------------------------------------------------------------------------
        2,451,576.55  7,047,793.27        93,245.45         0.00 395,295,293.70
===============================================================================





































Run:        03/28/97     14:32:24
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    915.319549  15.658628     5.051486    20.710114   0.000000    899.660921
A-2    894.996241  19.416699     4.939325    24.356024   0.000000    875.579542
A-3   1000.000000   0.000000     5.518823     5.518823   0.000000   1000.000000
A-4    904.953951   8.945266     4.523122    13.468388   0.000000    896.008686
A-5    932.211244  10.002033     5.144708    15.146741   0.000000    922.209211
A-6   1000.000000   0.000000     5.831209     5.831209   0.000000   1000.000000
A-7    774.817922  75.457946     5.163571    80.621517   0.000000    699.359976
A-8    774.817926  75.457949     0.000000    75.457949   0.000000    699.359978
A-9    987.214845   4.621724     5.603213    10.224937   1.381230    983.974350
A-10   991.092443   0.771855     5.779267     6.551122   0.000000    990.320588
A-11   991.092443   0.771855     5.779267     6.551122   0.000000    990.320588
A-12   915.381580  12.485201     5.051828    17.537029   0.000000    902.896380
A-13  1000.000000   0.000000     5.518822     5.518822   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    991.092443   0.771854     5.779267     6.551121   0.000000    990.320589
M-2    991.092443   0.771855     5.779267     6.551122   0.000000    990.320588
M-3    991.092442   0.771855     5.779268     6.551123   0.000000    990.320587
B-1    991.092445   0.771854     5.779268     6.551122   0.000000    990.320591
B-2    991.092438   0.771849     5.779270     6.551119   0.000000    990.320589
B-3    991.092433   0.771856     5.779263     6.551119   0.000000    990.320577

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S6 (POOL # 4198)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4198 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       88,795.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,011.34

SUBSERVICER ADVANCES THIS MONTH                                       89,502.77
MASTER SERVICER ADVANCES THIS MONTH                                      762.52


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    27   7,679,888.85

 (B)  TWO MONTHLY PAYMENTS:                                    2     656,807.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4   1,476,238.14


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                      2,590,685.19

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     395,295,293.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,366

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 100,719.77

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,191,611.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.94945750 %     4.84021100 %    1.21033140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.88529910 %     4.89153546 %    1.22316550 %

      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                          7.96157448
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.84

POOL TRADING FACTOR:                                                93.12754359


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


Run:        03/28/97     14:32:27                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    19,919,928.71     5.000000  %  1,059,804.23
A-2   760947VE8    28,800,000.00    28,800,000.00     5.125000  %          0.00
A-3   760947VF5    26,330,000.00    26,330,000.00     5.750000  %          0.00
A-4   760947VG3    34,157,000.00    34,157,000.00     5.875000  %          0.00
A-5   760947VH1   136,575,000.00   122,620,595.76     6.375000  %    394,327.96
A-6   760947VW8   123,614,000.00   126,329,626.45     0.000000  %     59,518.04
A-7   760947VJ7    66,675,000.00    61,840,650.22     7.000000  %    244,570.21
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    19,826,466.24     7.000000  %     15,548.28
A-12  760947VP3    38,585,000.00    38,250,209.99     7.000000  %     29,996.52
A-13  760947VQ1       698,595.74       675,296.53     0.000000  %        856.84
A-14  7609474B4             0.00             0.00     0.600348  %          0.00
R-I   760947VR9           100.00             0.00     7.000000  %          0.00
R-II  760947VS7           100.00             0.00     7.000000  %          0.00
M-1   760947VT5    12,554,000.00    12,445,072.85     7.000000  %      9,759.65
M-2   760947VU2     6,974,500.00     6,913,984.45     7.000000  %      5,422.07
M-3   760947VV0     6,137,500.00     6,084,246.82     7.000000  %      4,771.38
B-1   760947VX6     3,069,000.00     3,042,371.25     7.000000  %      2,385.88
B-2   760947VY4     1,116,000.00     1,106,316.82     7.000000  %        867.59
B-3                 2,231,665.53     2,212,302.09     7.000000  %      1,734.94

- -------------------------------------------------------------------------------
                  557,958,461.27   531,365,068.18                  1,829,563.59
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        82,978.72  1,142,782.95             0.00         0.00  18,860,124.48
A-2       122,968.91    122,968.91             0.00         0.00  28,800,000.00
A-3       126,132.69    126,132.69             0.00         0.00  26,330,000.00
A-4       167,184.72    167,184.72             0.00         0.00  34,157,000.00
A-5       651,257.27  1,045,585.23             0.00         0.00 122,226,267.80
A-6       484,353.69    543,871.73       453,846.00         0.00 126,723,954.41
A-7       360,645.96    605,216.17             0.00         0.00  61,596,080.01
A-8        60,861.28     60,861.28             0.00         0.00  10,436,000.00
A-9        38,198.67     38,198.67             0.00         0.00   6,550,000.00
A-10       22,306.86     22,306.86             0.00         0.00   3,825,000.00
A-11      115,625.16    131,173.44             0.00         0.00  19,810,917.96
A-12      223,069.83    253,066.35             0.00         0.00  38,220,213.47
A-13            0.00        856.84             0.00         0.00     674,439.69
A-14      265,769.23    265,769.23             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        72,577.91     82,337.56             0.00         0.00  12,435,313.20
M-2        40,321.39     45,743.46             0.00         0.00   6,908,562.38
M-3        35,482.47     40,253.85             0.00         0.00   6,079,475.44
B-1        17,742.68     20,128.56             0.00         0.00   3,039,985.37
B-2         6,451.88      7,319.47             0.00         0.00   1,105,449.23
B-3        12,901.84     14,636.78             0.00         0.00   2,210,567.15

- -------------------------------------------------------------------------------
        2,906,831.16  4,736,394.75       453,846.00         0.00 529,989,350.59
===============================================================================





































Run:        03/28/97     14:32:27
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    672.289190  35.767946     2.800497    38.568443   0.000000    636.521245
A-2   1000.000000   0.000000     4.269754     4.269754   0.000000   1000.000000
A-3   1000.000000   0.000000     4.790455     4.790455   0.000000   1000.000000
A-4   1000.000000   0.000000     4.894596     4.894596   0.000000   1000.000000
A-5    897.826072   2.887263     4.768495     7.655758   0.000000    894.938809
A-6   1021.968599   0.481483     3.918275     4.399758   3.671477   1025.158594
A-7    927.493817   3.668095     5.409013     9.077108   0.000000    923.825722
A-8   1000.000000   0.000000     5.831859     5.831859   0.000000   1000.000000
A-9   1000.000000   0.000000     5.831858     5.831858   0.000000   1000.000000
A-10  1000.000000   0.000000     5.831859     5.831859   0.000000   1000.000000
A-11   991.323312   0.777414     5.781258     6.558672   0.000000    990.545898
A-12   991.323312   0.777414     5.781258     6.558672   0.000000    990.545898
A-13   966.648508   1.226518     0.000000     1.226518   0.000000    965.421991
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    991.323311   0.777414     5.781258     6.558672   0.000000    990.545898
M-2    991.323313   0.777413     5.781259     6.558672   0.000000    990.545900
M-3    991.323311   0.777414     5.781258     6.558672   0.000000    990.545897
B-1    991.323314   0.777413     5.781258     6.558671   0.000000    990.545901
B-2    991.323315   0.777410     5.781254     6.558664   0.000000    990.545905
B-3    991.323323   0.777415     5.781261     6.558676   0.000000    990.545904

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:28                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S7 (POOL # 4199)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4199 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                      110,618.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    22,134.66

SUBSERVICER ADVANCES THIS MONTH                                       81,759.04
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   7,040,287.83

 (B)  TWO MONTHLY PAYMENTS:                                    2     455,164.09

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     423,713.90


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      3,379,919.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     529,989,350.59

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,798

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      958,908.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.00698940 %     4.79438400 %    1.19862690 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.99613500 %     4.79695507 %    1.20079780 %

      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                          7.89875887
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.77

POOL TRADING FACTOR:                                                94.98724141


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


Run:        03/28/97     14:32:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
    CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES SERIES 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    55,102,943.82     6.750000  %    604,457.43
A-2   760947UB5    39,034,000.00    35,123,748.51     6.750000  %    487,621.98
A-3   760947UC3     6,047,000.00     6,047,000.00     6.750000  %          0.00
A-4   760947UD1     5,000,000.00     4,822,760.30     6.750000  %     16,908.57
A-5   760947UE9       229,143.79       220,015.47     0.000000  %        882.14
A-6   7609474C2             0.00             0.00     0.513725  %          0.00
R     760947UF6           100.00             0.00     6.750000  %          0.00
M-1   760947UG4     1,425,200.00     1,374,679.39     6.750000  %      4,819.62
M-2   760947UH2       570,100.00       549,891.05     6.750000  %      1,927.92
M-3   760947UJ8       570,100.00       549,891.05     6.750000  %      1,927.92
B-1                   570,100.00       549,891.05     6.750000  %      1,927.92
B-2                   285,000.00       274,897.29     6.750000  %        963.79
B-3                   285,969.55       275,832.44     6.750000  %        967.06

- -------------------------------------------------------------------------------
                  114,016,713.34   104,891,550.37                  1,122,404.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       309,705.48    914,162.91             0.00         0.00  54,498,486.39
A-2       197,412.64    685,034.62             0.00         0.00  34,636,126.53
A-3        33,987.10     33,987.10             0.00         0.00   6,047,000.00
A-4        27,106.27     44,014.84             0.00         0.00   4,805,851.73
A-5             0.00        882.14             0.00         0.00     219,133.33
A-6        44,868.45     44,868.45             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         7,726.37     12,545.99             0.00         0.00   1,369,859.77
M-2         3,090.66      5,018.58             0.00         0.00     547,963.13
M-3         3,090.66      5,018.58             0.00         0.00     547,963.13
B-1         3,090.66      5,018.58             0.00         0.00     547,963.13
B-2         1,545.06      2,508.85             0.00         0.00     273,933.50
B-3         1,550.32      2,517.38             0.00         0.00     274,865.38

- -------------------------------------------------------------------------------
          633,173.67  1,755,578.02             0.00         0.00 103,769,146.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    918.382397  10.074291     5.161758    15.236049   0.000000    908.308107
A-2    899.824474  12.492237     5.057454    17.549691   0.000000    887.332237
A-3   1000.000000   0.000000     5.620489     5.620489   0.000000   1000.000000
A-4    964.552060   3.381714     5.421254     8.802968   0.000000    961.170346
A-5    960.163354   3.849722     0.000000     3.849722   0.000000    956.313632
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    964.551916   3.381715     5.421253     8.802968   0.000000    961.170201
M-2    964.551921   3.381723     5.421259     8.802982   0.000000    961.170198
M-3    964.551921   3.381723     5.421259     8.802982   0.000000    961.170198
B-1    964.551921   3.381723     5.421259     8.802982   0.000000    961.170198
B-2    964.551895   3.381719     5.421263     8.802982   0.000000    961.170175
B-3    964.551785   3.381689     5.421276     8.802965   0.000000    961.170097

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        CONDUIT MORTGAGE PASS-THROUGH CERTIFICATES 1996-S8 (POOL # 4200)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4200 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       22,303.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,336.76

SUBSERVICER ADVANCES THIS MONTH                                       23,810.69
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   2,310,722.58

 (B)  TWO MONTHLY PAYMENTS:                                    1     248,713.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     103,769,146.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          372

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      754,629.10

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.58447520 %     2.36402500 %    1.05149960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.55958710 %     2.37622273 %    1.05916160 %

      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                          7.56079279
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              163.15

POOL TRADING FACTOR:                                                91.01222354


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


Run:        03/28/97     14:32:35                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S9 (POOL # 4203)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4203 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947XB2   126,846,538.00   128,322,013.06     0.000000  %    150,379.21
A-2   760947WF4    20,813,863.00    19,685,689.42     7.250000  %    160,887.13
A-3   760947WG2     6,939,616.00     6,633,671.20     7.250000  %     50,960.43
A-4   760947WH0     3,076,344.00     2,820,295.31     6.100000  %     39,023.58
A-5   760947WJ6    74,488,122.00    74,488,122.00     6.300000  %          0.00
A-6   760947WK3    22,340,000.00    16,108,977.31     7.250000  %  1,304,544.25
A-7   760947WL1    30,014,887.00    29,789,079.31     7.250000  %     23,201.49
A-8   760947WM9    49,964,458.00    47,018,681.10     7.250000  %    490,670.35
A-9   760947WN7    16,853,351.00    16,853,351.00     7.250000  %          0.00
A-10  760947WP2    18,008,933.00    17,820,759.90     7.250000  %     19,334.58
A-11  760947WQ0     7,003,473.00     7,003,473.00     7.250000  %          0.00
A-12  760947WR8    95,117,613.00    89,753,495.82     7.250000  %    704,050.23
A-13  760947WS6    11,709,319.00    12,435,938.03     7.250000  %          0.00
A-14  760947WT4    67,096,213.00    61,511,695.42     6.730000  %    851,118.89
A-15  760947WU1     1,955,837.23     1,914,953.50     0.000000  %      9,857.88
A-16  7609474D0             0.00             0.00     0.368844  %          0.00
R-I   760947WV9           100.00             0.00     7.250000  %          0.00
R-II  760947WW7           100.00             0.00     7.250000  %          0.00
M-1   760947WX5    13,183,200.00    13,084,020.28     7.250000  %     10,190.61
M-2   760947WY3     7,909,900.00     7,850,392.32     7.250000  %      6,114.35
M-3   760947WZ0     5,859,200.00     5,815,120.12     7.250000  %      4,529.16
B-1                 3,222,600.00     3,198,355.76     7.250000  %      2,491.07
B-2                 1,171,800.00     1,162,984.32     7.250000  %        905.80
B-3                 2,343,649.31     2,326,017.56     7.250000  %      1,811.61

- -------------------------------------------------------------------------------
                  585,919,116.54   565,597,085.74                  3,830,070.62
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       556,187.03    706,566.24       306,937.05         0.00 128,478,570.90
A-2       118,867.94    279,755.07             0.00         0.00  19,524,802.29
A-3        40,056.05     91,016.48             0.00         0.00   6,582,710.77
A-4        14,328.49     53,352.07             0.00         0.00   2,781,271.73
A-5       390,844.22    390,844.22             0.00         0.00  74,488,122.00
A-6        97,270.71  1,401,814.96             0.00         0.00  14,804,433.06
A-7       179,875.17    203,076.66             0.00         0.00  29,765,877.82
A-8       283,912.54    774,582.89             0.00         0.00  46,528,010.75
A-9       101,765.46    101,765.46             0.00         0.00  16,853,351.00
A-10      107,606.96    126,941.54             0.00         0.00  17,801,425.32
A-11       42,289.02     42,289.02             0.00         0.00   7,003,473.00
A-12      541,957.84  1,246,008.07             0.00         0.00  89,049,445.59
A-13            0.00          0.00        75,091.83         0.00  12,511,029.86
A-14      344,785.41  1,195,904.30             0.00         0.00  60,660,576.53
A-15            0.00      9,857.88             0.00         0.00   1,905,095.62
A-16      173,750.24    173,750.24             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        79,005.14     89,195.75             0.00         0.00  13,073,829.67
M-2        47,402.96     53,517.31             0.00         0.00   7,844,277.97
M-3        35,113.40     39,642.56             0.00         0.00   5,810,590.96
B-1        19,312.61     21,803.68             0.00         0.00   3,195,864.69
B-2         7,022.44      7,928.24             0.00         0.00   1,162,078.52
B-3        14,045.17     15,856.78             0.00         0.00   2,324,205.95

- -------------------------------------------------------------------------------
        3,195,398.80  7,025,469.42       382,028.88         0.00 562,149,044.00
===============================================================================

































Run:        03/28/97     14:32:35
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   1011.631969   1.185521     4.384724     5.570245   2.419751   1012.866200
A-2    945.797011   7.729806     5.710998    13.440804   0.000000    938.067205
A-3    955.913295   7.343408     5.772085    13.115493   0.000000    948.569888
A-4    916.768512  12.685051     4.657636    17.342687   0.000000    904.083461
A-5   1000.000000   0.000000     5.247068     5.247068   0.000000   1000.000000
A-6    721.082243  58.394998     4.354105    62.749103   0.000000    662.687245
A-7    992.476810   0.772999     5.992865     6.765864   0.000000    991.703811
A-8    941.042553   9.820388     5.682290    15.502678   0.000000    931.222165
A-9   1000.000000   0.000000     6.038292     6.038292   0.000000   1000.000000
A-10   989.551124   1.073611     5.975199     7.048810   0.000000    988.477514
A-11  1000.000000   0.000000     6.038293     6.038293   0.000000   1000.000000
A-12   943.605427   7.401891     5.697765    13.099656   0.000000    936.203536
A-13  1062.054764   0.000000     0.000000     0.000000   6.412997   1068.467761
A-14   916.768513  12.685051     5.138672    17.823723   0.000000    904.083462
A-15   979.096558   5.040235     0.000000     5.040235   0.000000    974.056323
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    992.476810   0.773000     5.992865     6.765865   0.000000    991.703810
M-2    992.476810   0.773000     5.992865     6.765865   0.000000    991.703810
M-3    992.476809   0.773000     5.992866     6.765866   0.000000    991.703809
B-1    992.476808   0.773000     5.992866     6.765866   0.000000    991.703808
B-2    992.476805   0.772999     5.992866     6.765865   0.000000    991.703806
B-3    992.476797   0.773000     5.992863     6.765863   0.000000    991.703810

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:37                                        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                      117,641.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    11,037.72

SUBSERVICER ADVANCES THIS MONTH                                       94,912.10
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   9,319,586.05

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,581,106.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     233,613.61


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      2,096,910.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     562,149,044.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,954

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                    3,007,302.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.06813020 %     4.74549900 %    1.18637030 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.03637510 %     4.75473522 %    1.19272130 %

      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                          7.88620520
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              343.81

POOL TRADING FACTOR:                                                95.94311367


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


Run:        03/28/97     14:32:38                                    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   101,896,529.11     7.000000  %  1,081,471.93
A-2   760947WA5     1,458,253.68     1,404,114.33     0.000000  %      6,234.07
A-3   7609474F5             0.00             0.00     0.238850  %          0.00
R     760947WB3           100.00             0.00     7.000000  %          0.00
M-1   760947WC1     1,442,000.00     1,395,183.03     7.000000  %      4,893.12
M-2   760947WD9       865,000.00       836,916.31     7.000000  %      2,935.19
M-3   760947WE7       288,000.00       278,649.58     7.000000  %        977.27
B-1                   576,700.00       557,976.46     7.000000  %      1,956.91
B-2                   288,500.00       279,133.35     7.000000  %        978.96
B-3                   288,451.95       279,087.02     7.000000  %        978.79

- -------------------------------------------------------------------------------
                  115,330,005.63   106,927,589.19                  1,100,426.24
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       593,776.79  1,675,248.72             0.00         0.00 100,815,057.18
A-2             0.00      6,234.07             0.00         0.00   1,397,880.26
A-3        21,260.85     21,260.85             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1         8,130.09     13,023.21             0.00         0.00   1,390,289.91
M-2         4,876.92      7,812.11             0.00         0.00     833,981.12
M-3         1,623.77      2,601.04             0.00         0.00     277,672.31
B-1         3,251.47      5,208.38             0.00         0.00     556,019.55
B-2         1,626.58      2,605.54             0.00         0.00     278,154.39
B-3         1,626.31      2,605.10             0.00         0.00     278,108.23

- -------------------------------------------------------------------------------
          636,172.78  1,736,599.02             0.00         0.00 105,827,162.95
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    925.297432   9.820582     5.391942    15.212524   0.000000    915.476850
A-2    962.873846   4.275024     0.000000     4.275024   0.000000    958.598822
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    967.533308   3.393287     5.638065     9.031352   0.000000    964.140021
M-2    967.533306   3.393283     5.638058     9.031341   0.000000    964.140023
M-3    967.533264   3.393299     5.638090     9.031389   0.000000    964.139965
B-1    967.533310   3.393289     5.638061     9.031350   0.000000    964.140021
B-2    967.533276   3.393276     5.638059     9.031335   0.000000    964.140000
B-3    967.533830   3.393286     5.638062     9.031348   0.000000    964.140579

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:39                                        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                       22,104.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,606.38

SUBSERVICER ADVANCES THIS MONTH                                       10,168.50
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     4     719,589.58

 (B)  TWO MONTHLY PAYMENTS:                                    1     366,117.70

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     105,827,162.95

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

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      725,204.02

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.56290150 %     2.37932700 %    1.05777110 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.53906890 %     2.36417879 %    1.06510560 %

      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                          7.44570830
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              164.22

POOL TRADING FACTOR:                                                91.76030329


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


Run:        03/28/97     14:32:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    62,347,925.91     5.775000  %  1,439,854.27
R                           0.00       899,583.74     0.000000  %          0.00

- -------------------------------------------------------------------------------
                   91,183,371.00    63,247,509.65                  1,439,854.27
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         280,009.11  1,719,863.38             0.00         0.00  60,908,071.64
R         119,917.83    119,917.83        12,249.97         0.00     911,833.71

- -------------------------------------------------------------------------------
          399,926.94  1,839,781.21        12,249.97         0.00  61,819,905.35
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A      683.764213  15.790755     3.070835    18.861590   0.000000    667.973458

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:40                                        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                       14,249.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       21,704.84
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     908,961.66

 (B)  TWO MONTHLY PAYMENTS:                                    1     376,334.87

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     316,446.26


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,328,699.21

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,819,905.35

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          236

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,379,000.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          98.57767720 %     1.42232280 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.52501600 %     1.47498400 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.30532547
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              334.25

POOL TRADING FACTOR:                                                67.79734580


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


Run:        03/28/97     14:32:41                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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   175,795,390.39     7.500000  %  2,456,313.64
A-2   760947XD8    75,497,074.00    69,207,568.46     7.500000  %  1,433,159.58
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     6,167,173.26     0.000000  %     15,040.21
A-9   7609474E8             0.00             0.00     0.216914  %          0.00
R     760947XL0           100.00             0.00     7.500000  %          0.00
M-1   760947XM8     9,380,900.00     9,319,982.80     7.500000  %      7,028.52
M-2   760947XN6     6,700,600.00     6,657,087.97     7.500000  %      5,020.34
M-3   760947XP1     5,896,500.00     5,858,209.63     7.500000  %      4,417.88
B-1                 2,948,300.00     2,929,154.48     7.500000  %      2,208.98
B-2                 1,072,100.00     1,065,138.05     7.500000  %        803.26
B-3                 2,144,237.43     2,130,313.28     7.500000  %      1,606.53

- -------------------------------------------------------------------------------
                  536,050,225.54   518,632,944.32                  3,925,598.94
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,098,307.82  3,554,621.46             0.00         0.00 173,339,076.75
A-2       432,384.56  1,865,544.14             0.00         0.00  67,774,408.88
A-3       208,433.59    208,433.59             0.00         0.00  33,361,926.00
A-4       433,186.96    433,186.96             0.00         0.00  69,336,000.00
A-5       526,708.01    526,708.01             0.00         0.00  84,305,000.00
A-6       236,811.53    236,811.53             0.00         0.00  37,904,105.00
A-7        91,190.02     91,190.02             0.00         0.00  14,595,895.00
A-8             0.00     15,040.21             0.00         0.00   6,152,133.05
A-9        93,713.80     93,713.80             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        58,227.97     65,256.49             0.00         0.00   9,312,954.28
M-2        41,591.15     46,611.49             0.00         0.00   6,652,067.63
M-3        36,600.03     41,017.91             0.00         0.00   5,853,791.75
B-1        18,300.33     20,509.31             0.00         0.00   2,926,945.50
B-2         6,654.61      7,457.87             0.00         0.00   1,064,334.79
B-3        13,309.45     14,915.98             0.00         0.00   2,128,706.75

- -------------------------------------------------------------------------------
        3,295,419.83  7,221,018.77             0.00         0.00 514,707,345.38
===============================================================================

















































Run:        03/28/97     14:32:41
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    942.223376  13.165283     5.886681    19.051964   0.000000    929.058092
A-2    916.692062  18.982982     5.727170    24.710152   0.000000    897.709081
A-3   1000.000000   0.000000     6.247649     6.247649   0.000000   1000.000000
A-4   1000.000000   0.000000     6.247649     6.247649   0.000000   1000.000000
A-5   1000.000000   0.000000     6.247649     6.247649   0.000000   1000.000000
A-6   1000.000000   0.000000     6.247649     6.247649   0.000000   1000.000000
A-7   1000.000000   0.000000     6.247648     6.247648   0.000000   1000.000000
A-8    973.904629   2.375112     0.000000     2.375112   0.000000    971.529517
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    993.506252   0.749237     6.207077     6.956314   0.000000    992.757015
M-2    993.506249   0.749237     6.207078     6.956315   0.000000    992.757011
M-3    993.506255   0.749238     6.207077     6.956315   0.000000    992.757017
B-1    993.506251   0.749239     6.207079     6.956318   0.000000    992.757013
B-2    993.506249   0.749240     6.207080     6.956320   0.000000    992.757010
B-3    993.506246   0.749236     6.207078     6.956314   0.000000    992.757015

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:42                                        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                      108,447.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,721.32

SUBSERVICER ADVANCES THIS MONTH                                       63,896.98
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   5,869,809.79

 (B)  TWO MONTHLY PAYMENTS:                                    3   1,100,274.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6   1,519,719.18


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        406,558.17

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     514,707,345.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,799

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                    3,533,991.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.54404810 %     4.26082700 %    1.19512490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.50624040 %     4.23907175 %    1.20340660 %

      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                          7.91934464
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.36

POOL TRADING FACTOR:                                                96.01849246


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


Run:        03/28/97     14:32:44                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    69,726,201.22     7.000000  %    558,793.18
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    19,375,106.42     7.000000  %     72,516.73
A-6   760947XV8     2,531,159.46     2,427,649.08     0.000000  %     12,184.26
A-7   7609474G3             0.00             0.00     0.356457  %          0.00
R     760947XW6           100.00             0.00     7.000000  %          0.00
M-1   760947XX4     2,368,100.00     2,294,108.07     7.000000  %      8,586.34
M-2   760947XY2       789,000.00       764,347.48     7.000000  %      2,860.78
M-3   760947XZ9       394,500.00       382,173.73     7.000000  %      1,430.39
B-1                   789,000.00       764,347.48     7.000000  %      2,860.78
B-2                   394,500.00       382,173.73     7.000000  %      1,430.39
B-3                   394,216.33       381,898.95     7.000000  %      1,429.37

- -------------------------------------------------------------------------------
                  157,805,575.79   146,893,006.16                    662,092.22
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       406,417.84    965,211.02             0.00         0.00  69,167,408.04
A-2        80,437.00     80,437.00             0.00         0.00  13,800,000.00
A-3       106,957.90    106,957.90             0.00         0.00  18,350,000.00
A-4       106,345.87    106,345.87             0.00         0.00  18,245,000.00
A-5       112,933.00    185,449.73             0.00         0.00  19,302,589.69
A-6             0.00     12,184.26             0.00         0.00   2,415,464.82
A-7        43,599.99     43,599.99             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,371.83     21,958.17             0.00         0.00   2,285,521.73
M-2         4,455.20      7,315.98             0.00         0.00     761,486.70
M-3         2,227.61      3,658.00             0.00         0.00     380,743.34
B-1         4,455.20      7,315.98             0.00         0.00     761,486.70
B-2         2,227.61      3,658.00             0.00         0.00     380,743.34
B-3         2,226.00      3,655.37             0.00         0.00     380,469.58

- -------------------------------------------------------------------------------
          885,655.05  1,547,747.27             0.00         0.00 146,230,913.94
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    874.309733   7.006811     5.096148    12.102959   0.000000    867.302922
A-2   1000.000000   0.000000     5.828768     5.828768   0.000000   1000.000000
A-3   1000.000000   0.000000     5.828768     5.828768   0.000000   1000.000000
A-4   1000.000000   0.000000     5.828768     5.828768   0.000000   1000.000000
A-5    968.755321   3.625837     5.646650     9.272487   0.000000    965.129484
A-6    959.105548   4.813707     0.000000     4.813707   0.000000    954.291841
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    968.754727   3.625835     5.646649     9.272484   0.000000    965.128892
M-2    968.754728   3.625830     5.646641     9.272471   0.000000    965.128897
M-3    968.754702   3.625830     5.646667     9.272497   0.000000    965.128872
B-1    968.754728   3.625830     5.646641     9.272471   0.000000    965.128897
B-2    968.754702   3.625830     5.646667     9.272497   0.000000    965.128872
B-3    968.754770   3.625750     5.646646     9.272396   0.000000    965.128921

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:45                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S13 (POOL # 4207)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4207 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       30,657.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,372.70

SUBSERVICER ADVANCES THIS MONTH                                       18,609.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   1,945,137.30

 (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                                                     146,230,913.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          614

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      110,994.19

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.56038680 %     2.38162900 %    1.05798390 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.55777500 %     2.34406780 %    1.05878720 %

      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                          7.55407474
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              158.87

POOL TRADING FACTOR:                                                92.66523899


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


Run:        03/28/97     14:32:46                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S14 (POOL # 4208)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4208 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947YA3    31,680,861.00    29,813,676.37     7.500000  %    290,083.54
A-2   760947YB1   105,040,087.00    99,895,303.50     7.500000  %    799,287.33
A-3   760947YC9     2,560,000.00     2,560,000.00     7.500000  %          0.00
A-4   760947YD7    33,579,740.00    33,329,318.37     7.500000  %     29,258.29
A-5   760947YE5     6,864,000.00     6,864,000.00     7.750000  %          0.00
A-6   760947YF2     1,536,000.00     1,536,000.00     6.000000  %          0.00
A-7   760947YG0    27,457,512.00    27,457,512.00     7.425000  %          0.00
A-8   760947YH8    13,002,000.00    13,002,000.00     7.500000  %          0.00
A-9   760947YJ4     3,150,000.00     3,150,000.00     7.500000  %          0.00
A-10  760947YK1     5,225,000.00     5,225,000.00     7.500000  %          0.00
A-11  760947YL9    10,498,532.00     9,984,321.89     8.000000  %     79,887.06
A-12  760947YM7    59,143,468.00    56,246,665.95     7.000000  %    450,043.65
A-13  760947YN5    16,215,000.00    15,420,801.64     5.975000  %    123,385.69
A-14  760947YP0             0.00             0.00     3.025000  %          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     9,456,050.77     0.000000  %     28,814.52
A-19  760947H53             0.00             0.00     0.205757  %          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    10,942,681.56     7.500000  %      9,606.08
M-2   760947YX3     3,675,000.00     3,647,593.61     7.500000  %      3,202.06
M-3   760947YY1     1,837,500.00     1,823,796.82     7.500000  %      1,601.03
B-1                 2,756,200.00     2,735,645.58     7.500000  %      2,401.50
B-2                 1,286,200.00     1,276,608.12     7.500000  %      1,120.68
B-3                 1,470,031.75     1,459,068.89     7.500000  %      1,280.86

- -------------------------------------------------------------------------------
                  367,497,079.85   355,671,045.07                  1,819,972.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       186,228.16    476,311.70             0.00         0.00  29,523,592.83
A-2       623,986.06  1,423,273.39             0.00         0.00  99,096,016.17
A-3        16,000.00     16,000.00             0.00         0.00   2,560,000.00
A-4       208,188.26    237,446.55             0.00         0.00  33,300,060.08
A-5        44,330.00     44,330.00             0.00         0.00   6,864,000.00
A-6         7,680.00      7,680.00             0.00         0.00   1,536,000.00
A-7       169,795.51    169,795.51             0.00         0.00  27,457,512.00
A-8        81,215.70     81,215.70             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       66,523.81    146,410.87             0.00         0.00   9,904,434.83
A-12      327,916.58    777,960.23             0.00         0.00  55,796,622.30
A-13       76,738.52    200,124.21             0.00         0.00  15,297,415.95
A-14       38,850.88     38,850.88             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       15,178.75     15,178.75             0.00         0.00   2,430,000.00
A-18            0.00     28,814.52             0.00         0.00   9,427,236.25
A-19       60,949.83     60,949.83             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        68,352.37     77,958.45             0.00         0.00  10,933,075.48
M-2        22,784.33     25,986.39             0.00         0.00   3,644,391.55
M-3        11,392.16     12,993.19             0.00         0.00   1,822,195.79
B-1        17,087.93     19,489.43             0.00         0.00   2,733,244.08
B-2         7,974.20      9,094.88             0.00         0.00   1,275,487.44
B-3         9,113.93     10,394.79             0.00         0.00   1,457,788.03

- -------------------------------------------------------------------------------
        2,221,474.48  4,041,446.77             0.00         0.00 353,851,072.78
===============================================================================



























Run:        03/28/97     14:32:46
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    941.062693   9.156429     5.878254    15.034683   0.000000    931.906265
A-2    951.020761   7.609355     5.940456    13.549811   0.000000    943.411406
A-3   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-4    992.542479   0.871308     6.199818     7.071126   0.000000    991.671171
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     6.183936     6.183936   0.000000   1000.000000
A-8   1000.000000   0.000000     6.246401     6.246401   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   951.020761   7.609355     6.336487    13.945842   0.000000    943.411406
A-12   951.020761   7.609355     5.544426    13.153781   0.000000    943.411406
A-13   951.020761   7.609355     4.732564    12.341919   0.000000    943.411406
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     6.246399     6.246399   0.000000   1000.000000
A-18   979.917059   2.986008     0.000000     2.986008   0.000000    976.931051
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    992.542477   0.871308     6.199818     7.071126   0.000000    991.671170
M-2    992.542479   0.871309     6.199818     7.071127   0.000000    991.671170
M-3    992.542487   0.871309     6.199815     7.071124   0.000000    991.671178
B-1    992.542479   0.871308     6.199815     7.071123   0.000000    991.671171
B-2    992.542466   0.871311     6.199813     7.071124   0.000000    991.671155
B-3    992.542433   0.871308     6.199818     7.071126   0.000000    991.671119

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:47                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S14 (POOL # 4208)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4208 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       73,925.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    20,204.25

SUBSERVICER ADVANCES THIS MONTH                                       34,859.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   3,815,463.87

 (B)  TWO MONTHLY PAYMENTS:                                    3     619,076.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        354,320.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     353,851,072.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,389

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                    1,506,799.75

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.67866930 %     4.74100600 %    1.58032510 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.65137370 %     4.63462289 %    1.58714900 %

      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                          7.83305492
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.26

POOL TRADING FACTOR:                                                96.28677129


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


Run:        03/28/97     14:32:52                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    26,422,162.72     7.750000  %  2,199,995.87
A-2   760947ZU8   108,005,000.00    99,467,733.42     7.500000  %  1,691,178.32
A-3   760947ZV6    22,739,000.00    21,031,546.69     5.975000  %    338,235.66
A-4   760947ZW4             0.00             0.00     3.025000  %          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     1,874,970.79     7.750000  %     25,757.96
A-8   760947A27     4,558,000.00     4,301,182.45     7.750000  %     50,873.93
A-9   760947A35     5,200,000.00     5,200,000.00     8.000000  %          0.00
A-10  760947A43     5,004,000.00     5,004,000.00     7.625000  %          0.00
A-11  760947A50    11,334,000.00    11,334,000.00     7.750000  %          0.00
A-12  760947A68     5,667,000.00     5,667,000.00     7.000000  %          0.00
A-13  760947A76    15,379,000.00    15,379,000.00     7.500000  %          0.00
A-14  760947A84     9,617,000.00     9,617,000.00     8.000000  %          0.00
A-15  760947A92    14,375,000.00    14,375,000.00     8.000000  %          0.00
A-16  760947B26    45,450,000.00    45,450,000.00     7.750000  %          0.00
A-17  760947B34    10,301,000.00     9,866,150.50     7.750000  %     55,946.26
A-18  760947B42    12,069,000.00    12,069,000.00     7.750000  %          0.00
A-19  760947B59     8,230,000.00     8,664,849.50     7.750000  %          0.00
A-20  760947B67    41,182,000.00    40,960,071.19     7.750000  %     28,884.12
A-21  760947B75    10,625,000.00    10,567,742.13     7.750000  %      7,452.13
A-22  760947B83     5,391,778.36     5,270,015.10     0.000000  %      6,094.83
A-23  7609474H1             0.00             0.00     0.334287  %          0.00
R-I   760947B91           100.00             0.00     7.750000  %          0.00
R-II  760947C25           100.00             0.00     7.750000  %          0.00
M-1   760947C33    10,108,600.00    10,054,125.01     7.750000  %      7,089.94
M-2   760947C41     6,317,900.00     6,283,853.00     7.750000  %      4,431.23
M-3   760947C58     5,559,700.00     5,529,738.91     7.750000  %      3,899.45
B-1                 2,527,200.00     2,513,580.97     7.750000  %      1,772.52
B-2                 1,263,600.00     1,256,790.49     7.750000  %        886.26
B-3                 2,022,128.94     2,011,231.71     7.750000  %      1,418.28

- -------------------------------------------------------------------------------
                  505,431,107.30   483,142,744.58                  4,423,916.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       170,599.75  2,370,595.62             0.00         0.00  24,222,166.85
A-2       621,515.29  2,312,693.61             0.00         0.00  97,776,555.10
A-3       104,692.96    442,928.62             0.00         0.00  20,693,311.03
A-4        53,003.54     53,003.54             0.00         0.00           0.00
A-5       182,299.89    182,299.89             0.00         0.00  25,743,000.00
A-6       482,558.55    482,558.55             0.00         0.00  77,229,000.00
A-7        12,106.11     37,864.07             0.00         0.00   1,849,212.83
A-8        27,771.41     78,645.34             0.00         0.00   4,250,308.52
A-9        34,657.86     34,657.86             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       33,049.10     33,049.10             0.00         0.00   5,667,000.00
A-13       96,094.32     96,094.32             0.00         0.00  15,379,000.00
A-14       64,097.03     64,097.03             0.00         0.00   9,617,000.00
A-15       95,808.97     95,808.97             0.00         0.00  14,375,000.00
A-16      293,456.63    293,456.63             0.00         0.00  45,450,000.00
A-17       63,702.69    119,648.95             0.00         0.00   9,810,204.24
A-18       77,925.82     77,925.82             0.00         0.00  12,069,000.00
A-19            0.00          0.00        55,946.26         0.00   8,720,795.76
A-20      264,466.54    293,350.66             0.00         0.00  40,931,187.07
A-21       68,232.65     75,684.78             0.00         0.00  10,560,290.00
A-22            0.00      6,094.83             0.00         0.00   5,263,920.27
A-23      134,556.05    134,556.05             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        64,916.38     72,006.32             0.00         0.00  10,047,035.07
M-2        40,572.90     45,004.13             0.00         0.00   6,279,421.77
M-3        35,703.82     39,603.27             0.00         0.00   5,525,839.46
B-1        16,229.41     18,001.93             0.00         0.00   2,511,808.45
B-2         8,114.71      9,000.97             0.00         0.00   1,255,904.23
B-3        12,985.90     14,404.18             0.00         0.00   2,009,813.43

- -------------------------------------------------------------------------------
        3,164,113.28  7,588,030.04        55,946.26         0.00 478,774,774.08
===============================================================================



















Run:        03/28/97     14:32:52
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    704.065304  58.622785     4.545932    63.168717   0.000000    645.442519
A-2    920.954895  15.658334     5.754505    21.412839   0.000000    905.296561
A-3    924.910800  14.874694     4.604115    19.478809   0.000000    910.036107
A-5   1000.000000   0.000000     7.081532     7.081532   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248411     6.248411   0.000000   1000.000000
A-7    935.147526  12.846863     6.037960    18.884823   0.000000    922.300663
A-8    943.655649  11.161459     6.092894    17.254353   0.000000    932.494190
A-9   1000.000000   0.000000     6.664973     6.664973   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     5.831851     5.831851   0.000000   1000.000000
A-13  1000.000000   0.000000     6.248411     6.248411   0.000000   1000.000000
A-14  1000.000000   0.000000     6.664971     6.664971   0.000000   1000.000000
A-15  1000.000000   0.000000     6.664972     6.664972   0.000000   1000.000000
A-16  1000.000000   0.000000     6.456692     6.456692   0.000000   1000.000000
A-17   957.785700   5.431148     6.184127    11.615275   0.000000    952.354552
A-18  1000.000000   0.000000     6.456692     6.456692   0.000000   1000.000000
A-19  1052.837120   0.000000     0.000000     0.000000   6.797844   1059.634965
A-20   994.611024   0.701377     6.421896     7.123273   0.000000    993.909647
A-21   994.611024   0.701377     6.421896     7.123273   0.000000    993.909647
A-22   977.416865   1.130393     0.000000     1.130393   0.000000    976.286472
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    994.611025   0.701377     6.421896     7.123273   0.000000    993.909648
M-2    994.611026   0.701377     6.421897     7.123274   0.000000    993.909649
M-3    994.611024   0.701378     6.421897     7.123275   0.000000    993.909646
B-1    994.611020   0.701377     6.421894     7.123271   0.000000    993.909643
B-2    994.611024   0.701377     6.421898     7.123275   0.000000    993.909647
B-3    994.611011   0.701380     6.421895     7.123275   0.000000    993.909632

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:54                                        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                      100,146.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,795.39

SUBSERVICER ADVANCES THIS MONTH                                       61,534.42
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   6,239,496.72

 (B)  TWO MONTHLY PAYMENTS:                                    4     809,318.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     688,350.76


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        548,175.25

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     478,774,774.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,759

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,026,542.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.21408290 %     4.57605500 %    1.20986250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.16490200 %     4.56421213 %    1.22014650 %

      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                          8.28237854
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.47

POOL TRADING FACTOR:                                                94.72602045


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


Run:        03/28/97     14:32:55                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-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    17,412,949.32     7.750000  %    323,593.01
A-2   760947E23    57,937,351.00    48,720,247.19     7.750000  %  1,362,573.76
A-3   760947E31    32,313,578.00    32,313,578.00     7.750000  %          0.00
A-4   760947E49    49,946,015.00    44,632,767.78     7.750000  %    785,462.70
A-5   760947E56    17,641,789.00    17,564,516.73     7.750000  %     37,485.86
A-6   760947E64    16,661,690.00    16,588,710.63     7.750000  %     35,403.31
A-7   760947E72    20,493,335.00    17,992,950.56     8.000000  %    369,634.36
A-8   760947E80    19,268,210.00    17,992,950.56     7.500000  %    369,634.36
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     4,066,713.09     7.750000  %    123,258.97
A-12  760947F48     5,000,000.00     5,000,000.00     7.600000  %          0.00
A-13  760947F55       291,667.00       291,667.00     0.000000  %          0.00
A-14  760947F63     1,883,298.00     1,883,298.00     7.750000  %          0.00
A-15  760947F71     1,300,000.00     1,300,000.00     7.750000  %          0.00
A-16  760947F89    18,886,422.00    18,886,422.00     7.750000  %          0.00
A-17  760947G54     1,225,125.00             0.00     7.500000  %          0.00
A-18  760947G62     7,082,000.00     7,082,000.00     7.575000  %          0.00
A-19  760947G70     8,382,000.00     8,382,000.00     7.750000  %          0.00
A-20  760947G88     5,534,742.00     1,970,764.68     7.750000  %    526,866.36
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     1,104,522.95     0.000000  %      1,498.05
R     760947F97           100.00             0.00     7.750000  %          0.00
M-1   760947G21     7,283,700.00     7,251,796.90     7.750000  %     15,476.65
M-2   760947G39     4,552,300.00     4,532,360.62     7.750000  %      9,672.88
M-3   760947G47     4,006,000.00     3,988,453.45     7.750000  %      8,512.08
B-1                 1,820,900.00     1,812,924.32     7.750000  %      3,869.11
B-2                   910,500.00       906,511.96     7.750000  %      1,934.66
B-3                 1,456,687.10     1,450,307.21     7.750000  %      3,095.21
A-25  7609475H0             0.00             0.00     0.563660  %          0.00

- -------------------------------------------------------------------------------
                  364,183,311.55   337,813,496.95                  3,977,971.33
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       112,440.11    436,033.12             0.00         0.00  17,089,356.31
A-2       314,599.79  1,677,173.55             0.00         0.00  47,357,673.43
A-3       208,657.50    208,657.50             0.00         0.00  32,313,578.00
A-4       288,205.83  1,073,668.53             0.00         0.00  43,847,305.08
A-5       113,418.82    150,904.68             0.00         0.00  17,527,030.87
A-6       107,117.78    142,521.09             0.00         0.00  16,553,307.32
A-7       119,933.25    489,567.61             0.00         0.00  17,623,316.20
A-8       112,437.42    482,071.78             0.00         0.00  17,623,316.20
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       26,259.87    149,518.84             0.00         0.00   3,943,454.12
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       12,160.97     12,160.97             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      121,954.73    121,954.73             0.00         0.00  18,886,422.00
A-17            0.00          0.00             0.00         0.00           0.00
A-18       44,705.13     44,705.13             0.00         0.00   7,082,000.00
A-19       54,133.75     54,133.75             0.00         0.00   8,382,000.00
A-20       12,725.76    539,592.12             0.00         0.00   1,443,898.32
A-21      126,575.33    126,575.33             0.00         0.00  19,601,988.00
A-22       95,034.48     95,034.48             0.00         0.00  14,717,439.00
A-23       54,019.30     54,019.30             0.00         0.00   8,365,657.00
A-24            0.00      1,498.05             0.00         0.00   1,103,024.90
R               0.00          0.00             0.00         0.00           0.00
M-1        46,826.81     62,303.46             0.00         0.00   7,236,320.25
M-2        29,266.68     38,939.56             0.00         0.00   4,522,687.74
M-3        25,754.52     34,266.60             0.00         0.00   3,979,941.37
B-1        11,706.54     15,575.65             0.00         0.00   1,809,055.21
B-2         5,853.60      7,788.26             0.00         0.00     904,577.30
B-3         9,365.03     12,460.24             0.00         0.00   1,447,212.00
A-25      158,650.52    158,650.52             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,330,824.36  6,308,795.69             0.00         0.00 333,835,525.62
===============================================================================

















Run:        03/28/97     14:32:55
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    888.330212  16.508257     5.736188    22.244445   0.000000    871.821954
A-2    840.912578  23.518054     5.430000    28.948054   0.000000    817.394524
A-3   1000.000000   0.000000     6.457270     6.457270   0.000000   1000.000000
A-4    893.620197  15.726234     5.770347    21.496581   0.000000    877.893964
A-5    995.619930   2.124833     6.428986     8.553819   0.000000    993.495097
A-6    995.619930   2.124833     6.428986     8.553819   0.000000    993.495097
A-7    877.990359  18.036808     5.852305    23.889113   0.000000    859.953551
A-8    933.815365  19.183637     5.835385    25.019022   0.000000    914.631728
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   829.857445  25.152346     5.358615    30.510961   0.000000    804.705099
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     6.457273     6.457273   0.000000   1000.000000
A-15  1000.000000   0.000000     6.458331     6.458331   0.000000   1000.000000
A-16  1000.000000   0.000000     6.457270     6.457270   0.000000   1000.000000
A-17     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
A-18  1000.000000   0.000000     6.312501     6.312501   0.000000   1000.000000
A-19  1000.000000   0.000000     6.458333     6.458333   0.000000   1000.000000
A-20   356.071643  95.192579     2.299251    97.491830   0.000000    260.879065
A-21  1000.000000   0.000000     6.457270     6.457270   0.000000   1000.000000
A-22  1000.000000   0.000000     6.457270     6.457270   0.000000   1000.000000
A-23  1000.000000   0.000000     6.457269     6.457269   0.000000   1000.000000
A-24   987.561631   1.339417     0.000000     1.339417   0.000000    986.222215
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    995.619932   2.124834     6.428987     8.553821   0.000000    993.495099
M-2    995.619933   2.124834     6.428988     8.553822   0.000000    993.495099
M-3    995.619933   2.124833     6.428987     8.553820   0.000000    993.495100
B-1    995.619924   2.124834     6.428986     8.553820   0.000000    993.495090
B-2    995.619945   2.124833     6.428995     8.553828   0.000000    993.495113
B-3    995.620274   2.124835     6.428992     8.553827   0.000000    993.495446

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:57                                        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                       70,177.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       36,038.40
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,234,086.43

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,008,180.33

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     309,516.97


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        156,394.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     333,835,525.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,256

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,258,439.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      497,318.25

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.07727270 %     4.68434500 %    1.23838200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.01928160 %     4.71458193 %    1.25050740 %

      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                          8.57392735
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              347.47

POOL TRADING FACTOR:                                                91.66689275


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


Run:        03/28/97     14:32:59                                    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    23,410,350.73     7.250000  %    379,155.71
A-2   760947C74    26,006,000.00    20,846,841.76     7.250000  %  1,975,407.07
A-3   760947C82    22,997,000.00    22,997,000.00     7.250000  %          0.00
A-4   760947C90     7,216,000.00     7,216,000.00     7.250000  %          0.00
A-5   760947D24    16,378,000.00    16,378,000.00     7.250000  %          0.00
A-6   760947D32    17,250,000.00    16,870,729.81     7.250000  %     55,566.74
A-7   760947D40     1,820,614.04     1,677,566.99     0.000000  %      9,309.95
R     760947D57           100.00             0.00     7.250000  %          0.00
M-1   760947D65     1,515,800.00     1,482,471.86     7.250000  %      4,882.78
M-2   760947D73       606,400.00       593,066.98     7.250000  %      1,953.37
M-3   760947D81       606,400.00       593,066.98     7.250000  %      1,953.37
B-1                   606,400.00       593,066.98     7.250000  %      1,953.37
B-2                   303,200.00       296,533.49     7.250000  %        976.69
B-3                   303,243.02       296,575.58     7.250000  %        976.84
A-8   7609474Y4             0.00             0.00     0.404178  %          0.00

- -------------------------------------------------------------------------------
                  121,261,157.06   113,251,271.16                  2,432,135.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       141,196.27    520,351.98             0.00         0.00  23,031,195.02
A-2       125,734.82  2,101,141.89             0.00         0.00  18,871,434.69
A-3       138,703.20    138,703.20             0.00         0.00  22,997,000.00
A-4        43,522.30     43,522.30             0.00         0.00   7,216,000.00
A-5        98,781.63     98,781.63             0.00         0.00  16,378,000.00
A-6       101,753.46    157,320.20             0.00         0.00  16,815,163.07
A-7             0.00      9,309.95             0.00         0.00   1,668,257.04
R               0.00          0.00             0.00         0.00           0.00
M-1         8,941.32     13,824.10             0.00         0.00   1,477,589.08
M-2         3,577.00      5,530.37             0.00         0.00     591,113.61
M-3         3,577.00      5,530.37             0.00         0.00     591,113.61
B-1         3,577.00      5,530.37             0.00         0.00     591,113.61
B-2         1,788.50      2,765.19             0.00         0.00     295,556.80
B-3         1,788.75      2,765.59             0.00         0.00     295,598.74
A-8        38,079.69     38,079.69             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          711,020.94  3,143,156.83             0.00         0.00 110,819,135.27
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    912.613080  14.780747     5.504299    20.285046   0.000000    897.832334
A-2    801.616618  75.959666     4.834839    80.794505   0.000000    725.656952
A-3   1000.000000   0.000000     6.031361     6.031361   0.000000   1000.000000
A-4   1000.000000   0.000000     6.031361     6.031361   0.000000   1000.000000
A-5   1000.000000   0.000000     6.031361     6.031361   0.000000   1000.000000
A-6    978.013322   3.221260     5.898751     9.120011   0.000000    974.792062
A-7    921.429228   5.113632     0.000000     5.113632   0.000000    916.315597
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    978.012838   3.221256     5.898747     9.120003   0.000000    974.791582
M-2    978.012830   3.221257     5.898747     9.120004   0.000000    974.791573
M-3    978.012830   3.221257     5.898747     9.120004   0.000000    974.791573
B-1    978.012830   3.221257     5.898747     9.120004   0.000000    974.791573
B-2    978.012830   3.221273     5.898747     9.120020   0.000000    974.791557
B-3    978.012882   3.221245     5.898734     9.119979   0.000000    974.791566

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:32:59                                        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                       23,290.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                        9,163.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     303,736.01

 (B)  TWO MONTHLY PAYMENTS:                                    1     284,142.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        343,574.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     110,819,135.27

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          418

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,058,354.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.54508030 %     2.39178700 %    1.06313230 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.48002330 %     2.40014172 %    1.08315130 %

      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                          7.83244362
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              166.38

POOL TRADING FACTOR:                                                91.38881564


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


Run:        03/28/97     14:33:01                                    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    56,862,112.76     5.975000  %    785,277.51
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    19,940,318.88     8.000000  %     13,080.21
A-6   760947J36    48,165,041.00    43,181,191.29     7.250000  %  1,047,036.69
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     2,219,421.39     0.000000  %      9,026.62
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     4,267,408.48     8.000000  %      2,799.28
M-2   760947K67     2,677,200.00     2,667,080.49     8.000000  %      1,749.52
M-3   760947K75     2,463,100.00     2,453,789.77     8.000000  %      1,609.61
B-1                 1,070,900.00     1,066,852.12     8.000000  %        699.82
B-2                   428,400.00       426,780.69     8.000000  %        279.95
B-3                   856,615.33       853,377.42     8.000000  %        559.80
A-14  7609474Z1             0.00             0.00     0.296801  %          0.00

- -------------------------------------------------------------------------------
                  214,178,435.49   205,316,880.29                  1,862,119.01
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       283,025.25  1,068,302.76             0.00         0.00  56,076,835.25
A-2       143,288.93    143,288.93             0.00         0.00           0.00
A-3       217,963.21    217,963.21             0.00         0.00  33,761,149.00
A-4        33,204.44     33,204.44             0.00         0.00   4,982,438.00
A-5       132,888.18    145,968.39             0.00         0.00  19,927,238.67
A-6       260,793.58  1,307,830.27             0.00         0.00  42,134,154.60
A-7        61,957.29     61,957.29             0.00         0.00  10,255,000.00
A-8        43,031.57     43,031.57             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        6,187.34      6,187.34             0.00         0.00           0.00
A-12       26,706.51     26,706.51             0.00         0.00   4,421,960.00
A-13            0.00      9,026.62             0.00         0.00   2,210,394.77
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        28,439.27     31,238.55             0.00         0.00   4,264,609.20
M-2        17,774.22     19,523.74             0.00         0.00   2,665,330.97
M-3        16,352.78     17,962.39             0.00         0.00   2,452,180.16
B-1         7,109.82      7,809.64             0.00         0.00   1,066,152.30
B-2         2,844.19      3,124.14             0.00         0.00     426,500.74
B-3         5,687.16      6,246.96             0.00         0.00     852,817.62
A-14       50,763.88     50,763.88             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,403,467.00  3,265,586.01             0.00         0.00 203,454,761.28
===============================================================================





































Run:        03/28/97     14:33:01
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    938.318692  12.958375     4.670384    17.628759   0.000000    925.360318
A-3   1000.000000   0.000000     6.456036     6.456036   0.000000   1000.000000
A-4   1000.000000   0.000000     6.664296     6.664296   0.000000   1000.000000
A-5    996.220114   0.653488     6.639105     7.292593   0.000000    995.566625
A-6    896.525579  21.738520     5.414582    27.153102   0.000000    874.787060
A-7   1000.000000   0.000000     6.041667     6.041667   0.000000   1000.000000
A-8   1000.000000   0.000000     6.039519     6.039519   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     6.039519     6.039519   0.000000   1000.000000
A-13   991.319773   4.031802     0.000000     4.031802   0.000000    987.287972
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    996.220114   0.653488     6.639105     7.292593   0.000000    995.566626
M-2    996.220114   0.653489     6.639108     7.292597   0.000000    995.566626
M-3    996.220117   0.653490     6.639105     7.292595   0.000000    995.566627
B-1    996.220114   0.653488     6.639107     7.292595   0.000000    995.566626
B-2    996.220098   0.653478     6.639099     7.292577   0.000000    995.566620
B-3    996.220112   0.653491     6.639106     7.292597   0.000000    995.566610

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:02                                        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                       42,746.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,866.92

SUBSERVICER ADVANCES THIS MONTH                                       27,385.80
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8   2,221,624.27

 (B)  TWO MONTHLY PAYMENTS:                                    3     973,714.10

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        414,114.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     203,454,761.28

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          780

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,727,192.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.22184350 %     4.62254900 %    1.15560790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.17246250 %     4.61140367 %    1.16548390 %

      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                          8.51455097
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.73

POOL TRADING FACTOR:                                                94.99311208


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


Run:        03/28/97     14:33:04                                    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    63,538,791.24     7.500000  %  1,468,406.34
A-2   760947K91    19,855,000.00    19,855,000.00     7.500000  %          0.00
A-3   760947L25    10,475,000.00    10,318,611.15     7.500000  %     32,696.66
A-4   760947L33     1,157,046.74     1,101,749.29     0.000000  %     17,410.52
R     760947L41           100.00             0.00     7.500000  %          0.00
M-1   760947L58     1,310,400.00     1,290,834.96     7.500000  %      4,090.28
M-2   760947L66       786,200.00       774,461.58     7.500000  %      2,454.04
M-3   760947L74       524,200.00       516,373.39     7.500000  %      1,636.24
B-1                   314,500.00       309,804.34     7.500000  %        981.68
B-2                   209,800.00       206,667.56     7.500000  %        654.87
B-3                   262,361.78       258,444.57     7.500000  %        818.85
A-5   7609475A5             0.00             0.00     0.338160  %          0.00

- -------------------------------------------------------------------------------
                  104,820,608.52    98,170,738.08                  1,529,149.48
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       395,851.30  1,864,257.64             0.00         0.00  62,070,384.90
A-2       123,698.09    123,698.09             0.00         0.00  19,855,000.00
A-3        64,285.70     96,982.36             0.00         0.00  10,285,914.49
A-4             0.00     17,410.52             0.00         0.00   1,084,338.77
R               0.00          0.00             0.00         0.00           0.00
M-1         8,042.00     12,132.28             0.00         0.00   1,286,744.68
M-2         4,824.95      7,278.99             0.00         0.00     772,007.54
M-3         3,217.04      4,853.28             0.00         0.00     514,737.15
B-1         1,930.11      2,911.79             0.00         0.00     308,822.66
B-2         1,287.55      1,942.42             0.00         0.00     206,012.69
B-3         1,610.13      2,428.98             0.00         0.00     257,625.64
A-5        27,576.27     27,576.27             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          632,323.14  2,161,472.62             0.00         0.00  96,641,588.52
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    908.657599  20.999433     5.661003    26.660436   0.000000    887.658166
A-2   1000.000000   0.000000     6.230073     6.230073   0.000000   1000.000000
A-3    985.070277   3.121400     6.137060     9.258460   0.000000    981.948877
A-4    952.208110  15.047378     0.000000    15.047378   0.000000    937.160732
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    985.069414   3.121398     6.137057     9.258455   0.000000    981.948016
M-2    985.069423   3.121394     6.137052     9.258446   0.000000    981.948029
M-3    985.069420   3.121404     6.137047     9.258451   0.000000    981.948016
B-1    985.069444   3.121399     6.137075     9.258474   0.000000    981.948045
B-2    985.069399   3.121401     6.137035     9.258436   0.000000    981.947998
B-3    985.069434   3.121072     6.137060     9.258132   0.000000    981.948065

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:04                                        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                       20,280.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,561.96

SUBSERVICER ADVANCES THIS MONTH                                       18,648.90
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,972,899.24

 (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                                                      96,641,588.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          374

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,217,546.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.54206100 %     2.65962400 %    0.79831520 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.49848610 %     2.66292122 %    0.80837510 %

      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                          8.06086271
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              169.31

POOL TRADING FACTOR:                                                92.19712601


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


Run:        03/28/97     14:33:07                                    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    64,241,965.78     7.500000  %  1,236,268.32
A-4               105,985,000.00   105,755,939.22     0.000000  %    512,489.11
A-5   760947M32    26,381,000.00    12,072,572.79     6.775000  %  1,653,873.76
A-6   760947M40     4,255,000.00     1,947,189.16    13.795000  %    266,753.83
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    16,254,680.08     7.750000  %    714,033.69
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     1,295,001.57     0.000000  %      3,573.00
R-I   760947N31           100.00             0.00     7.750000  %          0.00
R-II  760947N49           100.00             0.00     7.750000  %          0.00
M-1   760947N64     9,033,100.00     9,004,875.67     7.750000  %      5,876.00
M-2   760947N72     5,645,600.00     5,627,960.07     7.750000  %      3,672.45
M-3   760947N80     5,194,000.00     5,177,771.11     7.750000  %      3,378.68
B-1                 2,258,300.00     2,251,243.84     7.750000  %      1,469.02
B-2                   903,300.00       900,477.60     7.750000  %        587.59
B-3                 1,807,395.50     1,801,748.22     7.750000  %      1,175.71
A-14  7609475B3             0.00             0.00     0.560111  %          0.00

- -------------------------------------------------------------------------------
                  451,652,075.74   425,594,425.11                  4,403,151.16
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       310,039.45    310,039.45             0.00         0.00  52,409,000.00
A-2       432,230.68    432,230.68             0.00         0.00  70,579,000.00
A-3       401,451.26  1,637,719.58             0.00         0.00  63,005,697.46
A-4       411,053.22    923,542.33       337,138.43         0.00 105,580,588.54
A-5        68,149.37  1,722,023.13             0.00         0.00  10,418,699.03
A-6        22,381.16    289,134.99             0.00         0.00   1,680,435.33
A-7       129,289.10    129,289.10             0.00         0.00  20,022,000.00
A-8        77,578.63     77,578.63             0.00         0.00  12,014,000.00
A-9       104,962.19    818,995.88             0.00         0.00  15,540,646.39
A-10      190,918.06    190,918.06             0.00         0.00  29,566,000.00
A-11       64,044.02     64,044.02             0.00         0.00   9,918,000.00
A-12       30,704.71     30,704.71             0.00         0.00   4,755,000.00
A-13            0.00      3,573.00             0.00         0.00   1,291,428.57
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        58,147.65     64,023.65             0.00         0.00   8,998,999.67
M-2        36,341.72     40,014.17             0.00         0.00   5,624,287.62
M-3        33,434.69     36,813.37             0.00         0.00   5,174,392.43
B-1        14,537.07     16,006.09             0.00         0.00   2,249,774.82
B-2         5,814.70      6,402.29             0.00         0.00     899,890.01
B-3        11,634.52     12,810.23             0.00         0.00   1,800,572.51
A-14      198,619.90    198,619.90             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        2,601,332.10  7,004,483.26       337,138.43         0.00 421,528,412.38
===============================================================================





































Run:        03/28/97     14:33:07
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     5.915767     5.915767   0.000000   1000.000000
A-2   1000.000000   0.000000     6.124069     6.124069   0.000000   1000.000000
A-3    934.116089  17.976071     5.837338    23.813409   0.000000    916.140018
A-4    997.838743   4.835487     3.878409     8.713896   3.181001    996.184258
A-5    457.623774  62.691853     2.583275    65.275128   0.000000    394.931922
A-6    457.623774  62.691853     5.259967    67.951820   0.000000    394.931922
A-7   1000.000000   0.000000     6.457352     6.457352   0.000000   1000.000000
A-8   1000.000000   0.000000     6.457352     6.457352   0.000000   1000.000000
A-9    780.162231  34.270875     5.037782    39.308657   0.000000    745.891356
A-10  1000.000000   0.000000     6.457352     6.457352   0.000000   1000.000000
A-11  1000.000000   0.000000     6.457352     6.457352   0.000000   1000.000000
A-12  1000.000000   0.000000     6.457352     6.457352   0.000000   1000.000000
A-13   982.416160   2.710555     0.000000     2.710555   0.000000    979.705605
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    996.875455   0.650497     6.437175     7.087672   0.000000    996.224958
M-2    996.875455   0.650498     6.437176     7.087674   0.000000    996.224958
M-3    996.875454   0.650497     6.437176     7.087673   0.000000    996.224958
B-1    996.875455   0.650498     6.437174     7.087672   0.000000    996.224957
B-2    996.875457   0.650493     6.437175     7.087668   0.000000    996.224964
B-3    996.875460   0.650500     6.437174     7.087674   0.000000    996.224960

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:09                                        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                       88,165.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       414.22

SUBSERVICER ADVANCES THIS MONTH                                       39,809.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   4,552,999.20

 (B)  TWO MONTHLY PAYMENTS:                                    1     291,445.08

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        396,893.61

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     421,528,412.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,532

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,788,049.67

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.16353760 %     4.66901600 %    1.16744670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.11096170 %     4.69664182 %    1.17796330 %

      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                          8.58213863
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.98

POOL TRADING FACTOR:                                                93.33033878


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


Run:        03/28/97     14:33:10                                    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    56,331,676.22     7.500000  %    760,989.42
A-2   760947R29     5,000,000.00     4,330,075.14     7.500000  %     84,554.38
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    10,325,525.40     7.500000  %     32,117.13
A-8   760947R86       929,248.96       916,715.66     0.000000  %      3,182.35
R     760947R94           100.00             0.00     7.500000  %          0.00
M-1   760947S28     1,570,700.00     1,551,989.48     7.500000  %      4,827.40
M-2   760947S36       784,900.00       775,550.11     7.500000  %      2,412.32
M-3   760947S44       418,500.00       413,514.74     7.500000  %      1,286.22
B-1                   313,800.00       310,061.95     7.500000  %        964.44
B-2                   261,500.00       258,384.95     7.500000  %        803.70
B-3                   314,089.78       310,348.20     7.500000  %        965.29
A-9   7609475C1             0.00             0.00     0.343294  %          0.00

- -------------------------------------------------------------------------------
                  104,668,838.74    97,788,841.85                    892,102.65
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       351,988.27  1,112,977.69             0.00         0.00  55,570,686.80
A-2        27,056.46    111,610.84             0.00         0.00   4,245,520.76
A-3        36,541.21     36,541.21             0.00         0.00   5,848,000.00
A-4        43,739.47     43,739.47             0.00         0.00   7,000,000.00
A-5        31,242.48     31,242.48             0.00         0.00   5,000,000.00
A-6        27,599.61     27,599.61             0.00         0.00   4,417,000.00
A-7        64,519.00     96,636.13             0.00         0.00  10,293,408.27
A-8             0.00      3,182.35             0.00         0.00     913,533.31
R               0.00          0.00             0.00         0.00           0.00
M-1         9,697.60     14,525.00             0.00         0.00   1,547,162.08
M-2         4,846.02      7,258.34             0.00         0.00     773,137.79
M-3         2,583.85      3,870.07             0.00         0.00     412,228.52
B-1         1,937.42      2,901.86             0.00         0.00     309,097.51
B-2         1,614.52      2,418.22             0.00         0.00     257,581.25
B-3         1,939.21      2,904.50             0.00         0.00     309,382.91
A-9        27,968.52     27,968.52             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          633,273.64  1,525,376.29             0.00         0.00  96,896,739.20
===============================================================================

















































Run:        03/28/97     14:33:10
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    903.315794  12.202970     5.644365    17.847335   0.000000    891.112824
A-2    866.015028  16.910876     5.411292    22.322168   0.000000    849.104152
A-3   1000.000000   0.000000     6.248497     6.248497   0.000000   1000.000000
A-4   1000.000000   0.000000     6.248496     6.248496   0.000000   1000.000000
A-5   1000.000000   0.000000     6.248496     6.248496   0.000000   1000.000000
A-6   1000.000000   0.000000     6.248497     6.248497   0.000000   1000.000000
A-7    988.088555   3.073409     6.174067     9.247476   0.000000    985.015146
A-8    986.512441   3.424647     0.000000     3.424647   0.000000    983.087794
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    988.087783   3.073407     6.174063     9.247470   0.000000    985.014376
M-2    988.087795   3.073411     6.174060     9.247471   0.000000    985.014384
M-3    988.087790   3.073405     6.174074     9.247479   0.000000    985.014385
B-1    988.087795   3.073423     6.174060     9.247483   0.000000    985.014372
B-2    988.087763   3.073423     6.174073     9.247496   0.000000    985.014340
B-3    988.087546   3.073230     6.174063     9.247293   0.000000    985.014251

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:11                                        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                       20,392.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,689.69

SUBSERVICER ADVANCES THIS MONTH                                       26,893.94
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,506,257.90

 (B)  TWO MONTHLY PAYMENTS:                                    1     689,155.20

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        667,628.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      96,896,739.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          337

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      587,671.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.26327040 %     2.82955900 %    0.90717020 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.24039430 %     2.82004164 %    0.91272390 %

      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                          8.07314290
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              171.06

POOL TRADING FACTOR:                                                92.57458129


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


Run:        03/28/97     14:33:12                                    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    19,860,403.38     7.500000  %    421,642.75
A-2   760947P39    24,275,000.00    22,402,941.08     8.000000  %    475,621.64
A-3   760947P47    13,325,000.00    12,605,867.16     8.000000  %    182,705.33
A-4   760947P54     3,200,000.00     3,200,000.00     7.250000  %          0.00
A-5   760947P62    36,000,000.00    33,408,808.24     6.075000  %    658,326.97
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    22,685,240.38     7.500000  %    725,289.91
A-9   760947Q20    20,140,000.00    19,471,972.72     7.500000  %    169,721.28
A-10  760947Q38    16,200,000.00    16,160,539.56     8.000000  %     10,122.42
A-11  760947S51     5,000,000.00     4,987,820.85     8.000000  %      3,124.20
A-12  760947S69       575,632.40       569,240.99     0.000000  %      2,439.89
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     4,225,082.91     8.000000  %      2,646.45
M-2   760947Q79     2,117,700.00     2,112,541.46     8.000000  %      1,323.23
M-3   760947Q87     2,435,400.00     2,429,467.56     8.000000  %      1,521.74
B-1                 1,058,900.00     1,056,320.61     8.000000  %        661.64
B-2                   423,500.00       422,468.38     8.000000  %        264.62
B-3                   847,661.00       845,596.17     8.000000  %        529.61
A-13  7609475D9             0.00             0.00     0.350501  %          0.00

- -------------------------------------------------------------------------------
                  211,771,393.40   201,321,311.45                  2,655,941.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       124,083.33    545,726.08             0.00         0.00  19,438,760.63
A-2       149,299.77    624,921.41             0.00         0.00  21,927,319.44
A-3        84,009.19    266,714.52             0.00         0.00  12,423,161.83
A-4        19,333.33     19,333.33             0.00         0.00   3,200,000.00
A-5       169,071.88    827,398.85             0.00         0.00  32,750,481.27
A-6        81,404.98     81,404.98             0.00         0.00           0.00
A-7       232,430.55    232,430.55             0.00         0.00  34,877,000.00
A-8       141,732.27    867,022.18             0.00         0.00  21,959,950.47
A-9       121,656.50    291,377.78             0.00         0.00  19,302,251.44
A-10      107,698.57    117,820.99             0.00         0.00  16,150,417.14
A-11       33,240.30     36,364.50             0.00         0.00   4,984,696.65
A-12            0.00      2,439.89             0.00         0.00     566,801.10
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        28,157.19     30,803.64             0.00         0.00   4,222,436.46
M-2        14,078.60     15,401.83             0.00         0.00   2,111,218.23
M-3        16,190.68     17,712.42             0.00         0.00   2,427,945.82
B-1         7,039.63      7,701.27             0.00         0.00   1,055,658.97
B-2         2,815.46      3,080.08             0.00         0.00     422,203.76
B-3         5,635.30      6,164.91             0.00         0.00     845,066.51
A-13       58,781.83     58,781.83             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,396,659.36  4,052,601.04             0.00         0.00 198,665,369.72
===============================================================================







































Run:        03/28/97     14:33:12
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    922.881198  19.593064     5.765954    25.359018   0.000000    903.288134
A-2    922.881198  19.593064     6.150351    25.743415   0.000000    903.288134
A-3    946.031307  13.711469     6.304630    20.016099   0.000000    932.319837
A-4   1000.000000   0.000000     6.041666     6.041666   0.000000   1000.000000
A-5    928.022451  18.286860     4.696441    22.983301   0.000000    909.735591
A-7   1000.000000   0.000000     6.664293     6.664293   0.000000   1000.000000
A-8    888.223977  28.398195     5.549423    33.947618   0.000000    859.825782
A-9    966.830820   8.427074     6.040541    14.467615   0.000000    958.403746
A-10   997.564170   0.624841     6.648060     7.272901   0.000000    996.939330
A-11   997.564170   0.624841     6.648060     7.272901   0.000000    996.939329
A-12   988.896716   4.238625     0.000000     4.238625   0.000000    984.658091
R-I      0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
R-II     0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.564081   0.624841     6.648059     7.272900   0.000000    996.939241
M-2    997.564084   0.624843     6.648062     7.272905   0.000000    996.939241
M-3    997.564080   0.624842     6.648058     7.272900   0.000000    996.939238
B-1    997.564085   0.624837     6.648059     7.272896   0.000000    996.939248
B-2    997.564061   0.624841     6.648076     7.272917   0.000000    996.939221
B-3    997.564085   0.624790     6.648059     7.272849   0.000000    996.939233

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:14                                        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                       41,824.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       54,162.98
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   4,913,622.18

 (B)  TWO MONTHLY PAYMENTS:                                    2     573,456.99

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     543,473.46


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,213,859.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     198,665,369.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          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                    2,529,800.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.47503730 %     4.36712400 %    1.15783870 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.40453820 %     4.41023039 %    1.17261280 %

      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                          8.61575713
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              351.43

POOL TRADING FACTOR:                                                93.81123982


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


Run:        03/28/97     14:33:15                                    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    36,201,018.57     5.975000  %    392,630.55
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     2,440,921.64     7.750000  %      1,564.82
A-8   760947T68     7,100,000.00     6,627,423.51     7.400000  %    102,741.99
A-9   760947T76     8,846,378.00     8,846,378.00     7.400000  %          0.00
A-10  760947T84   108,794,552.00   103,625,010.48     7.150000  %  1,123,900.56
A-11  760947T92    16,999,148.00    16,191,407.17     5.925000  %    175,609.46
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       927,728.59     0.000000  %        926.95
R-I   760947U58           100.00             0.00     7.750000  %          0.00
R-II  760947U66           100.00             0.00     7.750000  %          0.00
M-1   760947U74     5,195,400.00     5,185,679.77     7.750000  %      3,324.43
M-2   760947U82     3,247,100.00     3,241,024.90     7.750000  %      2,077.75
M-3   760947U90     2,987,300.00     2,981,710.97     7.750000  %      1,911.51
B-1                 1,298,800.00     1,296,370.03     7.750000  %        831.08
B-2                   519,500.00       518,528.05     7.750000  %        332.42
B-3                 1,039,086.60     1,037,142.63     7.750000  %        664.89
A-15  7609475E7             0.00             0.00     0.462903  %          0.00

- -------------------------------------------------------------------------------
                  259,767,021.76   251,477,235.31                  1,806,516.41
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       180,225.93    572,856.48             0.00         0.00  35,808,388.02
A-2        91,244.09     91,244.09             0.00         0.00           0.00
A-3        80,040.99     80,040.99             0.00         0.00  13,250,000.00
A-4        44,556.33     44,556.33             0.00         0.00   6,900,000.00
A-5       142,124.79    142,124.79             0.00         0.00  22,009,468.00
A-6       130,423.62    130,423.62             0.00         0.00  20,197,423.00
A-7        15,762.11     17,326.93             0.00         0.00   2,439,356.82
A-8        40,863.45    143,605.44             0.00         0.00   6,524,681.52
A-9        54,545.10     54,545.10             0.00         0.00   8,846,378.00
A-10      617,346.81  1,741,247.37             0.00         0.00 102,501,109.92
A-11       79,933.99    255,543.45             0.00         0.00  16,015,797.71
A-12       41,484.73     41,484.73             0.00         0.00           0.00
A-13        7,270.07      7,270.07             0.00         0.00           0.00
A-14            0.00        926.95             0.00         0.00     926,801.64
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        33,486.21     36,810.64             0.00         0.00   5,182,355.34
M-2        20,928.72     23,006.47             0.00         0.00   3,238,947.15
M-3        19,254.21     21,165.72             0.00         0.00   2,979,799.46
B-1         8,371.23      9,202.31             0.00         0.00   1,295,538.95
B-2         3,348.37      3,680.79             0.00         0.00     518,195.63
B-3         6,697.28      7,362.17             0.00         0.00   1,036,477.69
A-15       96,994.53     96,994.53             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,714,902.56  3,521,418.97             0.00         0.00 249,670,718.85
===============================================================================



































Run:        03/28/97     14:33:15
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    952.483452  10.330486     4.741917    15.072403   0.000000    942.152967
A-3   1000.000000   0.000000     6.040829     6.040829   0.000000   1000.000000
A-4   1000.000000   0.000000     6.457439     6.457439   0.000000   1000.000000
A-5   1000.000000   0.000000     6.457439     6.457439   0.000000   1000.000000
A-6   1000.000000   0.000000     6.457439     6.457439   0.000000   1000.000000
A-7    998.129067   0.639878     6.445361     7.085239   0.000000    997.489189
A-8    933.439931  14.470703     5.755415    20.226118   0.000000    918.969228
A-9   1000.000000   0.000000     6.165812     6.165812   0.000000   1000.000000
A-10   952.483452  10.330486     5.674428    16.004914   0.000000    942.152967
A-11   952.483452  10.330486     4.702235    15.032721   0.000000    942.152966
A-14   997.353692   0.996517     0.000000     0.996517   0.000000    996.357175
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    998.129070   0.639880     6.445357     7.085237   0.000000    997.489190
M-2    998.129069   0.639879     6.445357     7.085236   0.000000    997.489190
M-3    998.129070   0.639879     6.445355     7.085234   0.000000    997.489191
B-1    998.129065   0.639883     6.445357     7.085240   0.000000    997.489182
B-2    998.129066   0.639885     6.445371     7.085256   0.000000    997.489182
B-3    998.129155   0.639879     6.445353     7.085232   0.000000    997.489227

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:16                                        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                       52,265.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,495.04

SUBSERVICER ADVANCES THIS MONTH                                       48,289.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   4,557,764.42

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,788,919.95

 (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                                                     249,670,718.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          929

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,645,164.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.30832790 %     4.55335800 %    1.13831420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.27068840 %     4.56645537 %    1.14584200 %

      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                          8.47741200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              352.66

POOL TRADING FACTOR:                                                96.11332384


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


Run:        03/28/97     14:33:22                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S24 (POOL # 4233)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4233 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947V24    35,025,125.00    33,578,705.06     7.250000  %    562,260.53
A-2   760947V32    30,033,957.00    29,187,538.54     7.250000  %    329,024.57
A-3   760947V40    25,641,602.00    25,641,602.00     7.250000  %          0.00
A-4   760947V57    13,627,408.00    13,546,345.46     7.250000  %     41,345.76
A-5   760947V65     8,189,491.00     7,472,070.37     7.250000  %    278,879.80
A-6   760947V73    17,267,161.00    17,267,161.00     7.250000  %          0.00
A-7   760947V81       348,675.05       345,819.73     0.000000  %      1,446.88
R     760947V99           100.00             0.00     7.250000  %          0.00
M-1   760947W23     2,022,800.00     2,010,767.38     7.250000  %      6,137.21
M-2   760947W31     1,146,300.00     1,139,481.24     7.250000  %      3,477.89
M-3   760947W49       539,400.00       536,191.38     7.250000  %      1,636.55
B-1                   337,100.00       335,094.76     7.250000  %      1,022.77
B-2                   269,700.00       268,095.69     7.250000  %        818.27
B-3                   404,569.62       402,163.07     7.250000  %      1,227.46
A-8   7609475F4             0.00             0.00     0.535185  %          0.00

- -------------------------------------------------------------------------------
                  134,853,388.67   131,731,035.68                  1,227,277.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       202,464.75    764,725.28             0.00         0.00  33,016,444.53
A-2       175,987.96    505,012.53             0.00         0.00  28,858,513.97
A-3       154,607.53    154,607.53             0.00         0.00  25,641,602.00
A-4        81,678.47    123,024.23             0.00         0.00  13,504,999.70
A-5        45,053.28    323,933.08             0.00         0.00   7,193,190.57
A-6       104,113.35    104,113.35             0.00         0.00  17,267,161.00
A-7             0.00      1,446.88             0.00         0.00     344,372.85
R               0.00          0.00             0.00         0.00           0.00
M-1        12,124.04     18,261.25             0.00         0.00   2,004,630.17
M-2         6,870.57     10,348.46             0.00         0.00   1,136,003.35
M-3         3,233.00      4,869.55             0.00         0.00     534,554.83
B-1         2,020.47      3,043.24             0.00         0.00     334,071.99
B-2         1,616.49      2,434.76             0.00         0.00     267,277.42
B-3         2,424.87      3,652.33             0.00         0.00     400,935.61
A-8        58,632.64     58,632.64             0.00         0.00           0.00

- -------------------------------------------------------------------------------
          850,827.42  2,078,105.11             0.00         0.00 130,503,757.99
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    958.703361  16.053063     5.780558    21.833621   0.000000    942.650298
A-2    971.817951  10.955086     5.859633    16.814719   0.000000    960.862865
A-3   1000.000000   0.000000     6.029558     6.029558   0.000000   1000.000000
A-4    994.051507   3.034015     5.993691     9.027706   0.000000    991.017492
A-5    912.397409  34.053374     5.501353    39.554727   0.000000    878.344035
A-6   1000.000000   0.000000     6.029558     6.029558   0.000000   1000.000000
A-7    991.810943   4.149652     0.000000     4.149652   0.000000    987.661291
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    994.051503   3.034017     5.993692     9.027709   0.000000    991.017486
M-2    994.051505   3.034014     5.993693     9.027707   0.000000    991.017491
M-3    994.051502   3.034019     5.993697     9.027716   0.000000    991.017482
B-1    994.051498   3.034026     5.993681     9.027707   0.000000    991.017473
B-2    994.051502   3.034001     5.993660     9.027661   0.000000    991.017501
B-3    994.051580   3.034014     5.993703     9.027717   0.000000    991.017590

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:23                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S24 (POOL # 4233)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4233 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,487.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,387.17

SUBSERVICER ADVANCES THIS MONTH                                       41,123.21
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   3,590,065.42

 (B)  TWO MONTHLY PAYMENTS:                                    1     695,985.26

 (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                                                     130,503,757.99

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          490

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      824,852.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.42897910 %     2.80582600 %    0.76519530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.40634950 %     2.81615519 %    0.77004440 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,348,534.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     713,194.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07242447
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              172.90

POOL TRADING FACTOR:                                                96.77454848


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


Run:        03/28/97     14:33:24                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S25 (POOL # 4234)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4234 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947W56    25,623,000.00    25,361,362.48     7.250000  %    159,820.45
A-2   760947W64    38,194,000.00    36,772,143.03     5.975000  %    745,787.59
A-3   760947W72             0.00             0.00     3.025000  %          0.00
A-4   760947W80    41,309,000.00    38,447,874.39     6.750000  %  1,468,163.38
A-5   760947W98    25,013,000.00    24,081,835.20     7.250000  %    488,411.40
A-6   760947X22     7,805,000.00     7,805,000.00     6.750000  %          0.00
A-7   760947X30    39,464,000.00    39,963,285.50     0.000000  %          0.00
A-8   760947X48    12,000,000.00    12,000,000.00     7.750000  %          0.00
A-9   760947X55    10,690,000.00    10,690,000.00     7.650000  %          0.00
A-10  760947X63       763,154.95       753,847.39     0.000000  %      7,901.44
R-I   760947X71           100.00             0.00     7.750000  %          0.00
R-II  760947X89           100.00             0.00     7.750000  %          0.00
M-1   760947X97     4,251,000.00     4,245,849.28     7.750000  %      2,676.21
M-2   760947Y21     3,188,300.00     3,184,436.90     7.750000  %      2,007.19
M-3   760947Y39     2,125,500.00     2,122,924.64     7.750000  %      1,338.10
B-1                   850,200.00       849,169.85     7.750000  %        535.24
B-2                   425,000.00       424,485.05     7.750000  %        267.56
B-3                   850,222.04       849,191.86     7.750000  %        535.25
A-11  7609475G2             0.00             0.00     0.404424  %          0.00

- -------------------------------------------------------------------------------
                  212,551,576.99   207,551,405.57                  2,877,443.81
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       153,158.08    312,978.53             0.00         0.00  25,201,542.03
A-2       183,014.79    928,802.38             0.00         0.00  36,026,355.44
A-3        92,656.02     92,656.02             0.00         0.00           0.00
A-4       216,174.98  1,684,338.36             0.00         0.00  36,979,711.01
A-5       145,430.98    633,842.38             0.00         0.00  23,593,423.80
A-6        43,883.99     43,883.99             0.00         0.00   7,805,000.00
A-7        27,779.84     27,779.84       251,926.25         0.00  40,215,211.75
A-8        77,466.21     77,466.21             0.00         0.00  12,000,000.00
A-9        68,119.03     68,119.03             0.00         0.00  10,690,000.00
A-10            0.00      7,901.44             0.00         0.00     745,945.95
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        27,409.15     30,085.36             0.00         0.00   4,243,173.07
M-2        20,557.18     22,564.37             0.00         0.00   3,182,429.71
M-3        13,704.57     15,042.67             0.00         0.00   2,121,586.54
B-1         5,481.83      6,017.07             0.00         0.00     848,634.61
B-2         2,740.27      3,007.83             0.00         0.00     424,217.49
B-3         5,481.97      6,017.22             0.00         0.00     848,656.61
A-11       69,918.39     69,918.39             0.00         0.00           0.00

- -------------------------------------------------------------------------------
        1,152,977.28  4,030,421.09       251,926.25         0.00 204,925,888.01
===============================================================================











































Run:        03/28/97     14:33:24
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-S25 (POOL # 4234)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4234 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    989.788958   6.237382     5.977367    12.214749   0.000000    983.551576
A-2    962.772766  19.526302     4.791716    24.318018   0.000000    943.246464
A-4    930.738444  35.541005     5.233121    40.774126   0.000000    895.197439
A-5    962.772766  19.526302     5.814216    25.340518   0.000000    943.246464
A-6   1000.000000   0.000000     5.622548     5.622548   0.000000   1000.000000
A-7   1012.651670   0.000000     0.703929     0.703929   6.383698   1019.035368
A-8   1000.000000   0.000000     6.455518     6.455518   0.000000   1000.000000
A-9   1000.000000   0.000000     6.372220     6.372220   0.000000   1000.000000
A-10   987.803840  10.353651     0.000000    10.353651   0.000000    977.450189
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    998.788351   0.629548     6.447695     7.077243   0.000000    998.158803
M-2    998.788351   0.629549     6.447693     7.077242   0.000000    998.158803
M-3    998.788351   0.629546     6.447692     7.077238   0.000000    998.158805
B-1    998.788344   0.629546     6.447695     7.077241   0.000000    998.158798
B-2    998.788353   0.629553     6.447694     7.077247   0.000000    998.158800
B-3    998.788340   0.629553     6.447692     7.077245   0.000000    998.158794

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:25                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
           MORTGAGE PASS-THROUGH CERTIFICATES 1996-S25 (POOL # 4234)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4234 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       45,068.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       156.20

SUBSERVICER ADVANCES THIS MONTH                                       42,219.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   4,934,786.30

 (B)  TWO MONTHLY PAYMENTS:                                    2     390,505.82

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     288,000.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     204,925,888.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          828

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,494,596.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.35387070 %     4.61959600 %    1.02653380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.28509090 %     4.65884980 %    1.03903870 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,251,032.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,162,465.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.43236915
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              354.49

POOL TRADING FACTOR:                                                96.41231126


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


Run:        03/28/97     14:33:27                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S1 (POOL # 4235)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4235 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947Y47    96,648,000.00    94,804,403.17     7.000000  %    387,561.67
A-2   760947Y54    15,536,000.00    15,536,000.00     7.000000  %          0.00
A-3   760947Y62    13,007,000.00    12,968,361.97     7.000000  %     39,400.85
A-4   760947Y70       163,098.92       162,573.35     0.000000  %        552.36
A-5   760947Y88             0.00             0.00     0.591681  %          0.00
R     760947Y96           100.00             0.00     7.000000  %          0.00
M-1   760947Z20     2,280,000.00     2,273,226.77     7.000000  %      6,906.58
M-2   760947Z38     1,107,000.00     1,103,711.42     7.000000  %      3,353.33
M-3   760947Z46       521,000.00       519,452.26     7.000000  %      1,578.21
B-1                   325,500.00       324,533.03     7.000000  %        986.01
B-2                   260,400.00       259,626.43     7.000000  %        788.80
B-3                   390,721.16       389,560.43     7.000000  %      1,183.58

- -------------------------------------------------------------------------------
                  130,238,820.08   128,341,448.83                    442,311.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       552,799.59    940,361.26             0.00         0.00  94,416,841.50
A-2        90,589.62     90,589.62             0.00         0.00  15,536,000.00
A-3        75,617.85    115,018.70             0.00         0.00  12,928,961.12
A-4             0.00        552.36             0.00         0.00     162,020.99
A-5        63,255.17     63,255.17             0.00         0.00           0.00
R               0.00          0.00             0.00         0.00           0.00
M-1        13,255.07     20,161.65             0.00         0.00   2,266,320.19
M-2         6,435.69      9,789.02             0.00         0.00   1,100,358.09
M-3         3,028.90      4,607.11             0.00         0.00     517,874.05
B-1         1,892.34      2,878.35             0.00         0.00     323,547.02
B-2         1,513.87      2,302.67             0.00         0.00     258,837.63
B-3         2,271.48      3,455.06             0.00         0.00     388,376.85

- -------------------------------------------------------------------------------
          810,659.58  1,252,970.97             0.00         0.00 127,899,137.44
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    980.924625   4.010033     5.719721     9.729754   0.000000    976.914592
A-2   1000.000000   0.000000     5.830949     5.830949   0.000000   1000.000000
A-3    997.029443   3.029204     5.813627     8.842831   0.000000    994.000240
A-4    996.777600   3.386656     0.000000     3.386656   0.000000    993.390943
R        0.000000   0.000000     0.000000     0.000000   0.000000      0.000000
M-1    997.029285   3.029202     5.813627     8.842829   0.000000    994.000083
M-2    997.029286   3.029205     5.813631     8.842836   0.000000    994.000081
M-3    997.029290   3.029194     5.813628     8.842822   0.000000    994.000096
B-1    997.029278   3.029217     5.813641     8.842858   0.000000    994.000061
B-2    997.029301   3.029186     5.813633     8.842819   0.000000    994.000115
B-3    997.029263   3.029142     5.813634     8.842776   0.000000    994.000043

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:28                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S1 (POOL # 4235)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4235 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       28,091.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,822.87

SUBSERVICER ADVANCES THIS MONTH                                       31,358.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   3,262,695.06

 (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                                                     127,899,137.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          472

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       52,348.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         96.20053590 %     3.03980700 %    0.75965710 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            96.19897960 %     3.03719979 %    0.75996820 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,302,388.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                     651,194.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.90628387
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              174.99

POOL TRADING FACTOR:                                                98.20354435


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


Run:        03/28/97     14:33:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S2 (POOL # 4236)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4236 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   760947Z53    54,550,000.00    54,550,000.00     7.350000  %          0.00
A-2   760947Z61     6,820,000.00     6,820,000.00     7.500000  %          0.00
A-3   760947Z79    33,956,396.00    33,956,396.00     7.500000  %          0.00
A-4   760947Z87    23,875,000.00    23,875,000.00     7.500000  %          0.00
A-5   760947Z95    41,092,200.00    41,065,470.60     7.500000  %     26,791.95
A-6   7609472A8     9,750,000.00     9,750,000.00     7.500000  %          0.00
A-7   7609472B6    25,963,473.00    25,853,094.16     5.975000  %    285,788.43
A-8   7609472C4             0.00             0.00     3.025000  %          0.00
A-9   7609472D2   156,744,610.00   155,900,993.59     7.350000  %  2,184,257.52
A-10  7609472E0    36,000,000.00    35,746,653.43     7.150000  %    605,741.68
A-11  7609472F7     6,260,870.00     6,216,809.72     5.925000  %    105,346.39
A-12  7609472G5             0.00             0.00     2.575000  %          0.00
A-13  7609472H3     6,079,451.00     6,116,685.02     7.350000  %          0.00
A-14  7609472J9       486,810.08       486,406.13     0.000000  %        456.08
A-15  7609472K6             0.00             0.00     0.471369  %          0.00
R-I   7609472P5           100.00             0.00     7.500000  %          0.00
R-II  7609472Q3           100.00             0.00     7.500000  %          0.00
M-1   7609472L4     8,476,700.00     8,471,186.13     7.500000  %      5,526.77
M-2   7609472M2     5,297,900.00     5,294,453.85     7.500000  %      3,454.21
M-3   7609472N0     4,238,400.00     4,235,643.03     7.500000  %      2,763.42
B-1   7609472R1     1,695,400.00     1,694,297.19     7.500000  %      1,105.39
B-2                   847,700.00       847,148.59     7.500000  %        552.70
B-3                 1,695,338.32     1,694,235.55     7.500000  %      1,105.36

- -------------------------------------------------------------------------------
                  423,830,448.40   422,574,472.99                  3,222,889.90
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       334,068.84    334,068.84             0.00         0.00  54,550,000.00
A-2        42,618.63     42,618.63             0.00         0.00   6,820,000.00
A-3       212,195.78    212,195.78             0.00         0.00  33,956,396.00
A-4       149,218.75    149,218.75             0.00         0.00  23,875,000.00
A-5       256,620.85    283,412.80             0.00         0.00  41,038,678.65
A-6        60,928.40     60,928.40             0.00         0.00   9,750,000.00
A-7       128,707.63    414,496.06             0.00         0.00  25,567,305.73
A-8        65,161.60     65,161.60             0.00         0.00           0.00
A-9       954,750.95  3,139,008.47             0.00         0.00 153,716,736.07
A-10      212,958.66    818,700.34             0.00         0.00  35,140,911.75
A-11       30,690.91    136,037.30             0.00         0.00   6,111,463.33
A-12       13,338.25     13,338.25             0.00         0.00           0.00
A-13            0.00          0.00        37,459.10         0.00   6,154,144.12
A-14            0.00        456.08             0.00         0.00     485,950.05
A-15      165,965.72    165,965.72             0.00         0.00           0.00
R-I             0.00          0.00             0.00         0.00           0.00
R-II            0.00          0.00             0.00         0.00           0.00
M-1        52,937.00     58,463.77             0.00         0.00   8,465,659.36
M-2        33,085.40     36,539.61             0.00         0.00   5,290,999.64
M-3        26,468.82     29,232.24             0.00         0.00   4,232,879.61
B-1        10,587.78     11,693.17             0.00         0.00   1,693,191.80
B-2         5,293.89      5,846.59             0.00         0.00     846,595.89
B-3        10,587.39     11,692.75             0.00         0.00   1,693,130.19

- -------------------------------------------------------------------------------
        2,766,185.25  5,989,075.15        37,459.10         0.00 419,389,042.19
===============================================================================



































Run:        03/28/97     14:33:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S2 (POOL # 4236)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4236 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1000.000000   0.000000     6.124085     6.124085   0.000000   1000.000000
A-2   1000.000000   0.000000     6.249066     6.249066   0.000000   1000.000000
A-3   1000.000000   0.000000     6.249067     6.249067   0.000000   1000.000000
A-4   1000.000000   0.000000     6.250000     6.250000   0.000000   1000.000000
A-5    999.349526   0.651996     6.245001     6.896997   0.000000    998.697530
A-6   1000.000000   0.000000     6.249067     6.249067   0.000000   1000.000000
A-7    995.748687  11.007327     4.957258    15.964585   0.000000    984.741361
A-9    994.617892  13.935136     6.091125    20.026261   0.000000    980.682756
A-10   992.962595  16.826158     5.915518    22.741676   0.000000    976.136438
A-11   992.962595  16.826158     4.902020    21.728178   0.000000    976.136437
A-13  1006.124569   0.000000     0.000000     0.000000   6.161593   1012.286162
A-14   999.170210   0.936875     0.000000     0.936875   0.000000    998.233336
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    999.349526   0.651995     6.245001     6.896996   0.000000    998.697531
M-2    999.349525   0.651996     6.245003     6.896999   0.000000    998.697529
M-3    999.349526   0.651996     6.245003     6.896999   0.000000    998.697530
B-1    999.349528   0.651994     6.245004     6.896998   0.000000    998.697535
B-2    999.349522   0.652000     6.245004     6.897004   0.000000    998.697523
B-3    999.349528   0.651994     6.245001     6.896995   0.000000    998.697528

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:30                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S2 (POOL # 4236)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4236 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       88,059.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,834.79

SUBSERVICER ADVANCES THIS MONTH                                       56,821.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    26   7,481,513.33

 (B)  TWO MONTHLY PAYMENTS:                                    1     245,000.00

 (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                                                     419,389,042.20

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,620

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,909,684.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.73167660 %     4.26481700 %    1.00350650 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.69508420 %     4.28946320 %    1.01047660 %
CLASS A-15 - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  0.4686 %

      BANKRUPTCY AMOUNT AVAILABLE                         154,377.00
      FRAUD AMOUNT AVAILABLE                            8,476,609.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,238,304.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.25033658
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              355.52

POOL TRADING FACTOR:                                                98.95207949


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


Run:        03/28/97     14:33:34                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S3 (POOL # 4238)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4238 
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1   7609472S9    92,500,000.00    92,500,000.00     7.250000  %          0.00
A-2   7609472T7    11,073,000.00    11,073,000.00     7.000000  %    112,474.29
A-3   7609472U4     7,931,000.00     7,931,000.00     7.300000  %          0.00
A-4   7609472V2     3,750,000.00     3,750,000.00     7.500000  %          0.00
A-5   7609472W0    18,000,000.00    18,000,000.00     7.500000  %          0.00
A-6   7609472X8    19,875,000.00    19,875,000.00     6.750000  %    104,716.98
A-7   7609472Y6    16,143,000.00    16,143,000.00     7.000000  %          0.00
A-8   7609472Z3     5,573,000.00     5,573,000.00     7.300000  %          0.00
A-9   7609473A7    15,189,000.00    15,189,000.00     7.500000  %     69,250.47
A-10               45,347,855.00    45,347,855.00     0.000000  %  1,216,841.01
A-11  7609473C3     3,300,000.00     3,300,000.00     7.500000  %    498,066.52
A-12  7609473D1     6,000,000.00     6,000,000.00     7.500000  %          0.00
A-13  7609473E9       112,677.89       112,677.89     0.000000  %         81.85
A-14  7609473F6             0.00             0.00     0.462249  %          0.00
R-I   7609473G4           100.00           100.00     7.500000  %        100.00
R-II  7609473H2           100.00           100.00     7.500000  %        100.00
M-1   7609473J8     4,509,400.00     4,509,400.00     7.500000  %      2,916.11
M-2   7609473K5     3,221,000.00     3,221,000.00     7.500000  %      2,082.94
M-3   7609473L3     2,576,700.00     2,576,700.00     7.500000  %      1,666.28
B-1   7609473M1     1,159,500.00     1,159,500.00     7.500000  %        749.82
B-2   7609473N9       515,300.00       515,300.00     7.500000  %        333.23
B-3                   902,034.34       902,034.34     7.500000  %        583.32

- -------------------------------------------------------------------------------
                  257,678,667.23   257,678,667.23                  2,009,962.82
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       558,850.65    558,850.65             0.00         0.00  92,500,000.00
A-2        64,592.09    177,066.38             0.00         0.00  10,960,525.71
A-3        48,246.62     48,246.62             0.00         0.00   7,931,000.00
A-4             0.00          0.00        23,437.35         0.00   3,773,437.35
A-5       112,499.29    112,499.29             0.00         0.00  18,000,000.00
A-6       111,796.18    216,513.16             0.00         0.00  19,770,283.02
A-7        94,166.91     94,166.91             0.00         0.00  16,143,000.00
A-8        33,902.21     33,902.21             0.00         0.00   5,573,000.00
A-9        94,930.65    164,181.12             0.00         0.00  15,119,749.53
A-10      212,849.52  1,429,690.53       115,855.86         0.00  44,246,869.85
A-11            0.00    498,066.52        20,624.87         0.00   2,822,558.35
A-12       37,499.76     37,499.76             0.00         0.00   6,000,000.00
A-13            0.00         81.85             0.00         0.00     112,596.04
A-14       99,259.08     99,259.08             0.00         0.00           0.00
R-I             0.63        100.63             0.00         0.00           0.00
R-II            0.63        100.63             0.00         0.00           0.00
M-1        28,183.57     31,099.68             0.00         0.00   4,506,483.89
M-2        20,131.12     22,214.06             0.00         0.00   3,218,917.06
M-3        16,104.28     17,770.56             0.00         0.00   2,575,033.72
B-1         7,246.83      7,996.65             0.00         0.00   1,158,750.18
B-2         3,220.61      3,553.84             0.00         0.00     514,966.77
B-3         5,637.67      6,220.99             0.00         0.00     901,451.02

- -------------------------------------------------------------------------------
        1,549,118.30  3,559,081.12       159,918.08         0.00 255,828,622.49
===============================================================================





































Run:        03/28/97     14:33:34
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-S3 (POOL # 4238)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4238 
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1   1000.000000   0.000000     6.041629     6.041629   0.000000   1000.000000
A-2   1000.000000  10.157526     5.833296    15.990822   0.000000    989.842474
A-3   1000.000000   0.000000     6.083296     6.083296   0.000000   1000.000000
A-4   1000.000000   0.000000     0.000000     0.000000   6.249960   1006.249960
A-5   1000.000000   0.000000     6.249961     6.249961   0.000000   1000.000000
A-6   1000.000000   5.268779     5.624965    10.893744   0.000000    994.731221
A-7   1000.000000   0.000000     5.833297     5.833297   0.000000   1000.000000
A-8   1000.000000   0.000000     6.083296     6.083296   0.000000   1000.000000
A-9   1000.000000   4.559251     6.249960    10.809211   0.000000    995.440749
A-10  1000.000000  26.833486     4.693706    31.527192   2.554826    975.721340
A-11  1000.000000 150.929248     0.000000   150.929248   6.249961    855.320712
A-12  1000.000000   0.000000     6.249960     6.249960   0.000000   1000.000000
A-13  1000.000000   0.726407     0.000000     0.726407   0.000000    999.273593
R-I   1000.000000 1000.00000     6.300000  1006.300000   0.000000      0.000000
R-II  1000.000000 1000.00000     6.300000  1006.300000   0.000000      0.000000
M-1   1000.000000   0.646674     6.249960     6.896634   0.000000    999.353326
M-2   1000.000000   0.646675     6.249960     6.896635   0.000000    999.353325
M-3   1000.000000   0.646672     6.249963     6.896635   0.000000    999.353328
B-1   1000.000000   0.646675     6.249961     6.896636   0.000000    999.353325
B-2   1000.000000   0.646672     6.249971     6.896643   0.000000    999.353328
B-3   1000.000000   0.646672     6.249951     6.896623   0.000000    999.353328

_______________________________________________________________________________


DETERMINATION DATE       20-March-97    
DISTRIBUTION DATE        25-March-97    

Run:     03/28/97     14:33:35                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
            MORTGAGE PASS-THROUGH CERTIFICATES 1997-S3 (POOL # 4238)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4238 
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       53,501.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       943.83

SUBSERVICER ADVANCES THIS MONTH                                        2,508.19
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     348,521.87

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     255,828,622.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,004

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

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

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

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

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,683,401.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.99781230 %     4.00173200 %    1.00045600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.96488240 %     4.02630267 %    1.00704210 %

      BANKRUPTCY AMOUNT AVAILABLE                         127,664.00
      FRAUD AMOUNT AVAILABLE                            5,153,573.00 
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,576,787.00 

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23425126
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              357.17

POOL TRADING FACTOR:                                                99.28203419

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




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