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)
October 25, 1997
RESIDENTIAL ASSET SECURITIES CORP
(Exact name of the registrant as specified in its charter)
33-56893
(Commission File Number)
Delaware 51-0362653
(State or other (I.R.S Employee
jurisdiction of Identification No.)
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the October 1997 distribution to holders of the following series of
Conduit Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
1995-KS1 RASC
1995-KS2 RASC
1995-KS3 RASC
1995-KS4 RASC
1996-KS1 RASC
1996-KS2 RASC
1996-KS3 RASC
1996-KS4 RASC
1996-KS5 RASC
1997-KS1 RASC
1997-KS2 RASC
1997-KS3 RASC
1995-K1 RASC
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 ASSET
SECURITIES CORP
By: /s/Davee Olson
Name: Davee Olson
Title: Executive Vice President
and Chief Financial Officer
Dated: October 25, 1997
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS1 (POOL # 4173)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4173
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WAB2 94,350,062.00 28,004,446.54 6.337500 % 1,065,921.50
R 0.00 1,887,001.24 0.000000 % 0.00
- -------------------------------------------------------------------------------
94,350,062.00 29,891,447.78 1,065,921.50
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 157,710.13 1,223,631.63 0.00 0.00 26,938,525.04
R 97,857.85 97,857.85 0.00 0.00 1,887,001.24
- -------------------------------------------------------------------------------
255,567.98 1,321,489.48 0.00 0.00 28,825,526.28
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 296.814289 11.297518 1.671542 12.969060 0.000000 285.516771
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1995-KS1 (POOL # 4173)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4173
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,370.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 48,963.49
MASTER SERVICER ADVANCES THIS MONTH 2,776.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,725,290.21
(B) TWO MONTHLY PAYMENTS: 9 780,744.60
(C) THREE OR MORE MONTHLY PAYMENTS: 7 824,296.54
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 995,792.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 28,825,526.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 282
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 317,691.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,050,518.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.68715340 % 6.31284660 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 93.45371450 % 6.54628550 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 330,005.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,238,927.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.98726272
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.11
POOL TRADING FACTOR: 30.55167709
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS2 (POOL # 4179)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4179
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WAC0 105,461,520.00 38,222,782.66 6.187500 % 927,117.69
R 0.00 3,058,384.08 0.000000 % 0.00
- -------------------------------------------------------------------------------
105,461,520.00 41,281,166.74 927,117.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 209,656.09 1,136,773.78 0.00 0.00 37,295,664.97
R 127,610.53 127,610.53 0.00 0.00 3,058,384.08
- -------------------------------------------------------------------------------
337,266.62 1,264,384.31 0.00 0.00 40,354,049.05
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 362.433451 8.791052 1.987987 10.779039 0.000000 353.642399
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1995-KS2 (POOL # 4179)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4179
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,848.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 80,724.99
MASTER SERVICER ADVANCES THIS MONTH 1,759.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 5,127,027.45
(B) TWO MONTHLY PAYMENTS: 13 1,316,079.59
(C) THREE OR MORE MONTHLY PAYMENTS: 9 832,562.12
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,661,344.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 40,354,049.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 378
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 193,335.51
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 904,766.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.59133320 % 7.40866680 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.42112210 % 7.57887780 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 403,772.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,478,333.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.56290478
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.18
POOL TRADING FACTOR: 38.26423979
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS3 (POOL # 4181)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4181
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A1-I 76110WAD8 36,305,000.00 0.00 8.000000 % 0.00
A2-I 76110WAE6 26,280,000.00 22,449,863.03 8.000000 % 1,772,756.42
A3-I 76110WAF3 19,819,000.00 19,819,000.00 8.000000 % 0.00
A4-I 76110WAG1 16,482,000.00 16,482,000.00 8.000000 % 0.00
A5-I 76110WAH9 11,122,743.00 11,122,743.00 8.000000 % 0.00
A-II 76110WAJ5 41,561,444.00 22,569,260.02 8.000000 % 1,338,525.05
R 76110WAK2 100.00 0.00 8.000000 % 0.00
B1-I 1,946,488.25 1,559,212.21 8.120000 % 5,491.94
B2-I 760,800.00 0.00 8.120000 % 0.00
B3-I 988,100.00 0.00 8.120000 % 0.00
B1-I 1,125,622.41 982,062.03 8.120000 % 902.55
B2-I 259,759.02 0.00 8.120000 % 0.00
B3-I 346,345.37 0.00 8.120000 % 0.00
SPRE 0.00 0.00 1.975182 % 0.00
- -------------------------------------------------------------------------------
156,997,402.05 94,984,140.29 3,117,675.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A1-I 0.00 0.00 0.00 0.00 0.00
A2-I 149,530.77 1,922,287.19 0.00 0.00 20,677,106.61
A3-I 132,007.51 132,007.51 0.00 0.00 19,819,000.00
A4-I 109,780.90 109,780.90 0.00 0.00 16,482,000.00
A5-I 74,084.74 74,084.74 0.00 0.00 11,122,743.00
A-II 149,927.92 1,488,452.97 0.00 0.00 21,230,734.97
R 0.00 0.00 0.00 0.00 0.00
B1-I 10,541.15 16,033.09 0.00 0.00 1,483,220.03
B2-I 0.00 0.00 0.00 0.00 0.00
B3-I 0.00 0.00 0.00 0.00 0.00
B1-II 6,621.71 7,524.26 0.00 0.00 981,159.48
B2-II 0.00 0.00 0.00 0.00 0.00
B3-II 0.00 0.00 0.00 0.00 0.00
SPRED 156,098.41 156,098.41 0.00 0.00 0.00
- -------------------------------------------------------------------------------
788,593.11 3,906,269.07 0.00 0.00 91,795,964.09
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A1-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A2-I 854.256584 67.456485 5.689908 73.146393 0.000000 786.800100
A3-I 1000.000000 0.000000 6.660654 6.660654 0.000000 1000.000000
A4-I 1000.000000 0.000000 6.660654 6.660654 0.000000 1000.000000
A5-I 1000.000000 0.000000 6.660654 6.660654 0.000000 1000.000000
A-II 543.033587 32.205932 3.607380 35.813312 0.000000 510.827655
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B1-I 801.038593 2.821461 5.415471 8.236932 0.000000 761.997934
B2-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B3-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B1-I 872.461335 0.801823 5.882710 6.684533 0.000000 871.659513
B2-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B3-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1995-KS3 (POOL # 4181)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4181
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,690.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 149,032.49
MASTER SERVICER ADVANCES THIS MONTH 14,863.05
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 7,411,385.88
(B) TWO MONTHLY PAYMENTS: 10 2,724,003.44
(C) THREE OR MORE MONTHLY PAYMENTS: 4 789,913.93
FORECLOSURES
NUMBER OF LOANS 17
AGGREGATE PRINCIPAL BALANCE 4,307,957.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 91,795,964.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 381
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,658,151.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,550,073.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.32452780 % 2.67547220 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.31537270 % 2.68462730 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 459,101.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,298,881.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.38821500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 254.42
POOL TRADING FACTOR: 58.46973446
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS4 (POOL # 4190)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4190
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WAL0 98,996,689.00 51,363,142.77 6.187500 % 2,264,042.65
R 4,664,765.74 6,219,687.28 0.000000 % 0.00
- -------------------------------------------------------------------------------
103,661,454.74 57,582,830.05 2,264,042.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 278,726.10 2,542,768.75 0.00 0.00 49,099,100.12
R 184,890.63 184,890.63 0.00 0.00 6,219,687.28
- -------------------------------------------------------------------------------
463,616.73 2,727,659.38 0.00 0.00 55,318,787.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 518.836976 22.869883 2.815509 25.685392 0.000000 495.967094
R 1333.333253 0.000000 39.635566 39.635566 0.000000 1333.333253
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1995-KS4 (POOL # 4190)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4190
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,887.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 87,934.81
MASTER SERVICER ADVANCES THIS MONTH 4,805.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 69 6,650,733.33
(B) TWO MONTHLY PAYMENTS: 20 2,025,645.05
(C) THREE OR MORE MONTHLY PAYMENTS: 1 213,916.82
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,280,070.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,318,787.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 563
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 501,216.70
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,224,917.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 89.19871210 % 10.80128790 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 88.75664570 % 11.24335430 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,548,157.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,077,292.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.52505160
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.44
POOL TRADING FACTOR: 53.36485730
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS1 (POOL # 4202)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4202
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WAM8 77,178,720.00 33,515,152.35 6.087500 % 1,690,141.09
R 0.00 2,739,844.56 0.000000 % 0.00
- -------------------------------------------------------------------------------
77,178,720.00 36,254,996.91 1,690,141.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 178,227.28 1,868,368.37 0.00 0.00 31,825,011.26
R 126,060.99 126,060.99 0.00 0.00 2,739,844.56
- -------------------------------------------------------------------------------
304,288.27 1,994,429.36 0.00 0.00 34,564,855.82
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 434.253799 21.899056 2.309280 24.208336 0.000000 412.354743
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-KS1 (POOL # 4202)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4202
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,577.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 90,379.60
MASTER SERVICER ADVANCES THIS MONTH 803.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 5,626,195.77
(B) TWO MONTHLY PAYMENTS: 12 1,459,923.72
(C) THREE OR MORE MONTHLY PAYMENTS: 4 487,323.90
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 2,578,284.28
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 34,564,855.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 287
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 98,926.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,674,051.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.44284980 % 7.55715020 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.07332280 % 7.92667720 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,071,853.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,292,750.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.00472661
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.84
POOL TRADING FACTOR: 44.78547431
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS2 (POOL # 4209)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4209
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110WAN6 41,000,000.00 16,531,962.27 6.770000 % 1,309,715.84
A-2 76110WAP1 28,000,000.00 28,000,000.00 7.040000 % 0.00
A-3 76110WAQ9 12,000,000.00 12,000,000.00 7.410000 % 0.00
A-4 76110WAR7 14,086,733.00 14,086,733.00 7.980000 % 0.00
A-5 76110WAU0 352,608.35 321,399.54 0.000000 % 658.35
R-I 76110WAS5 100.00 0.00 7.980000 % 0.00
R-II 76110WAT3 100.00 0.00 7.980000 % 0.00
B-1 3,214,806.00 3,145,321.26 7.980000 % 9,906.81
B-2 904,165.00 884,622.41 7.980000 % 2,786.29
B-3 904,163.45 838,913.54 7.980000 % 2,642.32
SPRE 0.00 0.00 1.915115 % 0.00
- -------------------------------------------------------------------------------
100,462,675.80 75,808,952.02 1,325,709.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 93,257.21 1,402,973.05 0.00 0.00 15,222,246.43
A-2 164,247.98 164,247.98 0.00 0.00 28,000,000.00
A-3 74,091.57 74,091.57 0.00 0.00 12,000,000.00
A-4 93,666.11 93,666.11 0.00 0.00 14,086,733.00
A-5 0.00 658.35 0.00 0.00 320,741.19
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
B-1 20,914.01 30,820.82 0.00 0.00 3,135,414.45
B-2 5,882.07 8,668.36 0.00 0.00 881,836.12
B-3 5,578.15 8,220.47 0.00 0.00 818,148.99
SPRED 120,971.92 120,971.92 0.00 0.00 0.00
- -------------------------------------------------------------------------------
578,609.02 1,904,318.63 0.00 0.00 74,465,120.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 403.218592 31.944289 2.274566 34.218855 0.000000 371.274303
A-2 1000.000000 0.000000 5.865999 5.865999 0.000000 1000.000000
A-3 1000.000000 0.000000 6.174298 6.174298 0.000000 1000.000000
A-4 1000.000000 0.000000 6.649243 6.649243 0.000000 1000.000000
A-5 911.491574 1.867086 0.000000 1.867086 0.000000 909.624489
R-I 0.000000 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-1 978.386024 3.081620 6.505528 9.587148 0.000000 975.304404
B-2 978.386036 3.081617 6.505527 9.587144 0.000000 975.304419
B-3 927.833944 2.922392 6.169404 9.091796 0.000000 904.868462
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:16:53 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-KS2 (POOL # 4209)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4209
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 30,002.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 663.71
SUBSERVICER ADVANCES THIS MONTH 102,136.22
MASTER SERVICER ADVANCES THIS MONTH 1,181.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 69 7,871,849.78
(B) TWO MONTHLY PAYMENTS: 13 1,300,191.19
(C) THREE OR MORE MONTHLY PAYMENTS: 4 430,388.99
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 2,761,412.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,465,120.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 738
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 129,379.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 999,678.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 176,665.16
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.55011910 % 6.44988090 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 93.47840040 % 6.52159960 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,663,458.00
SPECIAL HAZARD AMOUNT AVAILABLE 877,779.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.83332347
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.20
POOL TRADING FACTOR: 74.12217481
................................................................................
Run: 11/03/97 09:16:55 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS3 (POOL # 4210)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4210
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WAV8 143,731,008.00 88,566,370.69 6.037500 % 4,932,960.49
R 0.00 3,593,275.20 0.000000 % 0.00
- -------------------------------------------------------------------------------
143,731,008.00 92,159,645.89 4,932,960.49
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 469,423.30 5,402,383.79 0.00 0.00 83,633,410.20
R 250,598.32 250,598.32 0.00 0.00 3,593,275.20
- -------------------------------------------------------------------------------
720,021.62 5,652,982.11 0.00 0.00 87,226,685.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 616.195294 34.320781 3.265985 37.586766 0.000000 581.874512
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:16:55 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-KS3 (POOL # 4210)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4210
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 37,031.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 157,319.43
MASTER SERVICER ADVANCES THIS MONTH 6,842.60
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 76 9,229,942.54
(B) TWO MONTHLY PAYMENTS: 19 2,112,350.00
(C) THREE OR MORE MONTHLY PAYMENTS: 8 834,887.04
FORECLOSURES
NUMBER OF LOANS 41
AGGREGATE PRINCIPAL BALANCE 6,313,777.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,226,685.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 678
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 882,410.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,788,367.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.10103190 % 3.89896810 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.88053220 % 4.11946780 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,045,090.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,088,173.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.29901877
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.48
POOL TRADING FACTOR: 60.68745124
................................................................................
Run: 11/03/97 09:23:34 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4223
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I- 76110WAW6 33,524,000.00 13,837,080.94 5.781250 % 3,237,092.47
A-I- 76110WAX4 35,203,000.00 35,203,000.00 7.300000 % 0.00
A-I- 76110WAY2 7,449,000.00 7,449,000.00 7.625000 % 0.00
A-I- 76110WAZ9 11,675,000.00 11,675,000.00 7.900000 % 0.00
A-I- 76110WBA3 7,071,000.00 7,071,000.00 8.050000 % 0.00
A-II 76110WBB1 223,019,000.00 154,815,225.64 5.956250 % 10,349,723.36
R 1,035.81 6,999,328.56 0.000000 % 0.00
- -------------------------------------------------------------------------------
317,942,035.81 237,049,635.14 13,586,815.83
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 69,669.14 3,306,761.61 0.00 0.00 10,599,988.47
A-I-2 209,820.55 209,820.55 0.00 0.00 35,203,000.00
A-I-3 46,374.94 46,374.94 0.00 0.00 7,449,000.00
A-I-4 75,305.99 75,305.99 0.00 0.00 11,675,000.00
A-I-5 46,475.31 46,475.31 0.00 0.00 7,071,000.00
A-II 794,756.13 11,144,479.49 0.00 0.00 144,465,502.28
R 600,256.83 600,256.83 0.00 0.00 6,999,328.56
- -------------------------------------------------------------------------------
1,842,658.89 15,429,474.72 0.00 0.00 223,462,819.31
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I- 412.751490 96.560448 2.078187 98.638635 0.000000 316.191041
A-I- 1000.000000 0.000000 5.960303 5.960303 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.225660 6.225660 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.450192 6.450192 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.572664 6.572664 0.000000 1000.000000
A-II 694.179535 46.407362 3.563625 49.970987 0.000000 647.772173
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:23:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 95,137.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 316,121.38
MASTER SERVICER ADVANCES THIS MONTH 8,856.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 197 22,449,305.13
(B) TWO MONTHLY PAYMENTS: 36 4,116,708.56
(C) THREE OR MORE MONTHLY PAYMENTS: 15 1,654,736.64
FORECLOSURES
NUMBER OF LOANS 74
AGGREGATE PRINCIPAL BALANCE 8,612,606.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 223,462,819.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,954
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 996,417.01
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 12,797,927.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 416,503.86
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.04731520 % 2.95268480 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.86778830 % 3.13221170 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 3,518,891.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,900,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.44101700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.28
POOL TRADING FACTOR: 70.28413803
................................................................................
Run: 11/03/97 09:18:11 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS5 (POOL # 4232)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4232
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WBC9 200,011,758.00 159,503,225.74 5.931250 % 9,965,355.90
R 0.40 4,442,465.80 0.000000 % 0.00
- -------------------------------------------------------------------------------
200,011,758.40 163,945,691.54 9,965,355.90
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 826,415.83 10,791,771.73 0.00 0.00 149,537,869.84
R 0.00 0.00 422,230.99 0.00 4,864,696.79
- -------------------------------------------------------------------------------
826,415.83 10,791,771.73 422,230.99 0.00 154,402,566.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 797.469245 49.823850 4.131836 53.955686 0.000000 747.645395
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:18:11 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-KS5 (POOL # 4232)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4232
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 66,255.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 203,459.52
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 107 14,724,674.17
(B) TWO MONTHLY PAYMENTS: 21 2,680,291.66
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,056,410.01
FORECLOSURES
NUMBER OF LOANS 43
AGGREGATE PRINCIPAL BALANCE 5,213,778.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 154,402,566.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,207
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,359,387.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.36255920 % 2.63744080 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.84934200 % 3.15065800 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 6,000,353.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,000,118.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.41637598
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.94
POOL TRADING FACTOR: 77.19674476
................................................................................
Run: 11/03/97 09:23:37 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4241
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I- 76110WBD7 52,000,000.00 40,800,737.18 5.796250 % 3,363,806.95
A-I- 76110WBE5 32,000,000.00 32,000,000.00 7.070000 % 0.00
A-I- 76110WBF2 16,000,000.00 16,000,000.00 7.390000 % 0.00
A-I- 76110WBG0 21,743,601.00 21,743,601.00 7.650000 % 0.00
A-II 76100WBH8 151,859,043.00 134,744,955.78 5.896250 % 4,525,623.01
R 1.60 4,263,368.97 0.000000 % 0.00
- -------------------------------------------------------------------------------
273,602,645.60 249,552,662.93 7,889,429.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 210,214.46 3,574,021.41 0.00 0.00 37,436,930.23
A-I-2 188,533.33 188,533.33 0.00 0.00 32,000,000.00
A-I-3 98,533.33 98,533.33 0.00 0.00 16,000,000.00
A-I-4 138,615.46 138,615.46 0.00 0.00 21,743,601.00
A-II 706,213.28 5,231,836.29 0.00 0.00 130,219,332.77
R 0.00 0.00 640,921.66 0.00 4,904,290.63
- -------------------------------------------------------------------------------
1,342,109.86 9,231,539.82 640,921.66 0.00 242,304,154.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I- 784.629561 64.688595 4.042586 68.731181 0.000000 719.940966
A-I- 1000.000000 0.000000 5.891667 5.891667 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.158333 6.158333 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.375000 6.375000 0.000000 1000.000000
A-II 887.302811 29.801472 4.650453 34.451925 0.000000 857.501339
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:23:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4241
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 102,102.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 285,014.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 211 23,182,958.85
(B) TWO MONTHLY PAYMENTS: 37 3,502,085.75
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,269,048.47
FORECLOSURES
NUMBER OF LOANS 48
AGGREGATE PRINCIPAL BALANCE 5,125,451.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 242,304,154.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,352
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,989,210.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 115,064.74
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.29159550 % 1.70840450 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.97597750 % 2.02402250 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 3,909,309.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,270,558.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.29454200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.89
POOL TRADING FACTOR: 88.56060368
................................................................................
Run: 11/03/97 09:23:39 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS2 (POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4251
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 76110WBK1 250,104,875.00 241,519,581.06 5.901250 % 4,806,484.71
A-II 76110WBL9 115,163,718.00 108,434,691.47 5.896250 % 3,120,030.98
SB-I 0.22 1,799,546.07 0.000000 % 0.00
SB-I 0.37 991,291.79 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
365,268,593.59 352,745,110.39 7,926,515.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 1,266,484.95 6,072,969.66 0.00 0.00 236,713,096.35
A-II 562,932.15 3,682,963.13 0.00 0.00 105,314,660.49
SB-I 0.00 0.00 555,248.73 0.00 2,354,794.80
SB-II 0.00 0.00 306,786.28 0.00 1,298,078.07
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
1,829,417.10 9,755,932.79 862,035.01 0.00 345,680,629.71
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 965.673224 19.217877 5.063816 24.281693 0.000000 946.455347
A-II 941.569909 27.092135 4.888103 31.980238 0.000000 914.477774
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:23:40 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-KS2 (POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4251
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 145,297.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 261,310.78
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 157 18,676,867.17
(B) TWO MONTHLY PAYMENTS: 39 5,794,673.73
(C) THREE OR MORE MONTHLY PAYMENTS: 26 3,254,252.81
FORECLOSURES
NUMBER OF LOANS 39
AGGREGATE PRINCIPAL BALANCE 4,438,125.70
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 345,680,629.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,734
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,739,701.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 156,513.93
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.20882310 % 0.79117690 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.94328100 % 1.05671900 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,501,049.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.01205200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.18
POOL TRADING FACTOR: 94.63738076
................................................................................
Run: 11/03/97 09:23:42 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4259
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I- 76110WBP0 74,500,000.00 71,794,548.20 5.751250 % 3,259,101.99
A-I- 76110WBQ8 20,000,000.00 20,000,000.00 6.550000 % 0.00
A-I- 76110WBR6 32,800,000.00 32,800,000.00 6.680000 % 0.00
A-I- 76110WBS4 16,300,000.00 16,300,000.00 6.900000 % 0.00
A-I- 76110WBT2 22,038,000.00 22,038,000.00 7.250000 % 0.00
A-I- 76110WBU9 18,400,000.00 18,400,000.00 6.900000 % 0.00
M-I- 76110WBX3 9,002,000.00 9,002,000.00 7.150000 % 0.00
M-I- 76110WBY1 4,301,000.00 4,301,000.00 7.350000 % 0.00
B-I 76110WCB0 2,701,000.00 2,701,000.00 7.650000 % 0.00
A-II 76110WBV7 159,111,000.00 155,631,512.75 5.886250 % 2,585,107.59
A-II 76110WBW5 60,012,000.00 59,450,629.20 5.866250 % 670,161.25
M-II 76110WBZ8 15,751,000.00 15,751,000.00 6.076250 % 0.00
M-II 76110WCA2 9,226,000.00 9,226,000.00 6.236250 % 0.00
B-II 76110WCC8 5,901,000.00 5,901,000.00 6.706250 % 0.00
SB-I 996.58 647,080.29 0.000000 % 0.00
SB-I 1,161.22 732,531.14 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
450,045,157.80 444,676,301.58 6,514,370.83
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 367,029.68 3,626,131.67 0.00 0.00 68,535,446.21
A-I-2 109,166.67 109,166.67 0.00 0.00 20,000,000.00
A-I-3 182,586.67 182,586.67 0.00 0.00 32,800,000.00
A-I-4 93,725.00 93,725.00 0.00 0.00 16,300,000.00
A-I-5 133,146.25 133,146.25 0.00 0.00 22,038,000.00
A-I-6 105,800.00 105,800.00 0.00 0.00 18,400,000.00
M-I-1 53,636.92 53,636.92 0.00 0.00 9,002,000.00
M-I-2 26,343.63 26,343.63 0.00 0.00 4,301,000.00
B-I 17,218.88 17,218.88 0.00 0.00 2,701,000.00
A-II-1 814,298.66 3,399,406.25 0.00 0.00 153,046,405.16
A-II-2 310,002.00 980,163.25 0.00 0.00 58,780,467.95
M-II-1 85,072.90 85,072.90 0.00 0.00 15,751,000.00
M-II-2 51,142.79 51,142.79 0.00 0.00 9,226,000.00
B-II 35,176.52 35,176.52 0.00 0.00 5,901,000.00
SB-I 0.00 0.00 601,819.71 0.00 1,248,900.00
SB-II 0.00 0.00 599,138.44 0.00 1,331,669.58
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
2,384,346.57 8,898,717.40 1,200,958.15 0.00 439,362,888.90
===============================================================================
Run: 11/03/97 09:23:42
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4259
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I- 963.685211 43.746335 4.926573 48.672908 0.000000 919.938875
A-I- 1000.000000 0.000000 5.458334 5.458334 0.000000 1000.000000
A-I- 1000.000000 0.000000 5.566667 5.566667 0.000000 1000.000000
A-I- 1000.000000 0.000000 5.750000 5.750000 0.000000 1000.000000
A-I- 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-I- 1000.000000 0.000000 5.750000 5.750000 0.000000 1000.000000
M-I- 1000.000000 0.000000 5.958334 5.958334 0.000000 1000.000000
M-I- 1000.000000 0.000000 6.125001 6.125001 0.000000 1000.000000
B-I 1000.000000 0.000000 6.375002 6.375002 0.000000 1000.000000
A-II 978.131699 16.247196 5.117802 21.364998 0.000000 961.884503
A-II 990.645691 11.167121 5.165667 16.332788 0.000000 979.478570
M-II 1000.000000 0.000000 5.401111 5.401111 0.000000 1000.000000
M-II 1000.000000 0.000000 5.543333 5.543333 0.000000 1000.000000
B-II 1000.000000 0.000000 5.961112 5.961112 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-97
DISTRIBUTION DATE 27-October-97
Run: 11/03/97 09:23:43 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 184,156.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,973.84
SUBSERVICER ADVANCES THIS MONTH 341,630.02
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 310 28,751,571.37
(B) TWO MONTHLY PAYMENTS: 73 6,313,512.84
(C) THREE OR MORE MONTHLY PAYMENTS: 34 2,965,726.70
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 838,244.84
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 439,362,888.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,407
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 4,876,520.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 179,442.40
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 37.24911800 % 0.00000000 % 10.85320070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.74220590 % 0.00000000 % 11.25779410 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 60,012,900.00
SPECIAL HAZARD AMOUNT AVAILABLE 60,012,900.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.25804100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.03
POOL TRADING FACTOR: 97.62640066
................................................................................
