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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 7,829,514.80 6.837500 % 275,853.37
R 0.00 2,033,061.40 0.000000 % 0.00
-------------------------------------------------------------------------------
94,350,062.00 9,862,576.20 275,853.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 44,079.30 319,932.67 0.00 0.00 7,553,661.43
R 0.00 0.00 41,879.75 0.00 2,074,941.15
-------------------------------------------------------------------------------
44,079.30 319,932.67 41,879.75 0.00 9,628,602.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 82.983674 2.923722 0.467189 3.390911 0.000000 80.059952
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4173
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,745.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 15,400.36
MASTER SERVICER ADVANCES THIS MONTH 1,681.94
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 642,940.71
(B) TWO MONTHLY PAYMENTS: 1 82,592.16
(C) THREE OR MORE MONTHLY PAYMENTS: 2 96,193.88
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 801,793.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,628,602.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 101
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 176,514.32
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 227,105.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 79.38610200 % 20.61389800 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 78.45023580 % 21.54976420 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 128,494.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,238,927.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.29132316
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 295.61
POOL TRADING FACTOR: 10.20518946
................................................................................
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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 10,049,360.78 6.687500 % 232,330.95
R 0.00 630,261.45 0.000000 % 10,843.36
-------------------------------------------------------------------------------
105,461,520.00 10,679,622.23 243,174.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 56,015.41 288,346.36 0.00 0.00 9,817,029.83
R 35,077.67 45,921.03 0.00 0.00 619,418.09
-------------------------------------------------------------------------------
91,093.08 334,267.39 0.00 0.00 10,436,447.92
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 95.289360 2.202993 0.531146 2.734139 0.000000 93.086368
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4179
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,172.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 5,934.75
MASTER SERVICER ADVANCES THIS MONTH 528.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 269,384.34
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 339,730.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 10,436,447.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 127
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 49,716.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 236,563.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.09846680 % 5.90153320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.06485720 % 5.93514280 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 124,582.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,050,091.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.13468046
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 298.06
POOL TRADING FACTOR: 9.89597711
................................................................................
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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 0.00 8.000000 % 0.00
A3-I 76110WAF3 19,819,000.00 0.00 8.000000 % 0.00
A4-I 76110WAG1 16,482,000.00 9,701,700.61 8.000000 % 555,688.80
A5-I 76110WAH9 11,122,743.00 11,122,743.00 8.000000 % 0.00
A-II 76110WAJ5 41,561,444.00 8,738,422.29 8.000000 % 15,037.57
R 76110WAK2 100.00 0.00 8.000000 % 0.00
B1-I 1,946,488.25 120,320.30 8.120000 % 1,601.99
B2-I 760,800.00 0.00 8.120000 % 0.00
B3-I 988,100.00 0.00 8.120000 % 0.00
B1-II 1,125,622.41 673,633.19 8.120000 % 1,003.76
B2-II 259,759.02 0.00 8.120000 % 0.00
B3-II 346,345.37 0.00 8.120000 % 0.00
SPRED 0.00 0.00 1.944082 % 0.00
-------------------------------------------------------------------------------
156,997,402.05 30,356,819.39 573,332.12
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A3-I 0.00 0.00 0.00 0.00 0.00
A4-I 64,671.50 620,360.30 0.00 0.00 9,146,011.81
A5-I 74,144.17 74,144.17 0.00 0.00 11,122,743.00
A-II 58,243.81 73,281.38 0.00 0.00 8,723,384.72
R 0.00 0.00 0.00 0.00 0.00
B1-I 814.09 2,416.08 0.00 0.00 118,718.31
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 4,557.28 5,561.04 0.00 0.00 672,629.43
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 49,173.46 49,173.46 0.00 0.00 0.00
-------------------------------------------------------------------------------
251,604.31 824,936.43 0.00 0.00 29,783,487.27
===============================================================================
_______________________________________________________________________________
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 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A3-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A4-I 588.623990 33.714889 3.923765 37.638654 0.000000 554.909101
A5-I 1000.000000 0.000000 6.665997 6.665997 0.000000 1000.000000
A-II 210.253096 0.361815 1.401390 1.763205 0.000000 209.891281
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B1-I 61.814039 0.823015 0.418235 1.241250 0.000000 60.991024
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-II 598.453961 0.891738 4.048676 4.940414 0.000000 597.562227
B2-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B3-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
SPRED 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4181
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 9,029.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 408.74
SUBSERVICER ADVANCES THIS MONTH 30,482.78
MASTER SERVICER ADVANCES THIS MONTH 1,268.25
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,206,188.97
(B) TWO MONTHLY PAYMENTS: 1 72,143.89
(C) THREE OR MORE MONTHLY PAYMENTS: 1 825,781.04
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 969,844.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,783,487.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 136
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 143,316.71
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 280,441.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 222,594.12
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.38459600 % 2.61540400 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.34299830 % 2.65700170 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 371,623.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,653,330.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.03162100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.92
POOL TRADING FACTOR: 18.97068797
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4181
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,497.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 28,085.44
MASTER SERVICER ADVANCES THIS MONTH 1,268.25
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,206,188.97
(B) TWO MONTHLY PAYMENTS: 1 72,143.89
(C) THREE OR MORE MONTHLY PAYMENTS: 1 825,781.04
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 717,551.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 20,387,473.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 98
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 143,316.71
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 278,424.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 222,594.12
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.42553520 % 0.57446480 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.50460019
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 219.41
POOL TRADING FACTOR: 17.93026776
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4181
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,532.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 408.74
SUBSERVICER ADVANCES THIS MONTH 2,397.34
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 252,293.10
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,396,014.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 38
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,016.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.84286850 % 7.15713150 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.00535042
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 11.83
POOL TRADING FACTOR: 21.70322473
................................................................................
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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 11,936,687.94 6.687500 % 145,358.69
R 4,664,765.74 6,219,687.28 0.000000 % 0.00
-------------------------------------------------------------------------------
103,661,454.74 18,156,375.22 145,358.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 66,498.85 211,857.54 0.00 0.00 11,791,329.25
R 78,966.02 78,966.02 0.00 0.00 6,219,687.28
-------------------------------------------------------------------------------
145,464.87 290,823.56 0.00 0.00 18,011,016.53
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 120.576638 1.468319 0.671728 2.140047 0.000000 119.108319
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4190
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,484.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,077.74
SUBSERVICER ADVANCES THIS MONTH 9,856.24
MASTER SERVICER ADVANCES THIS MONTH 1,524.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 148,965.88
(B) TWO MONTHLY PAYMENTS: 3 216,113.63
(C) THREE OR MORE MONTHLY PAYMENTS: 3 231,907.97
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 542,220.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 18,011,016.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 210
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 167,487.64
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 126,563.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 65.74378310 % 34.25621690 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 65.46731680 % 34.53268320 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 192,120.00
SPECIAL HAZARD AMOUNT AVAILABLE 679,472.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.39632571
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.64
POOL TRADING FACTOR: 17.37484446
................................................................................
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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 7,153,169.74 6.587500 % 308,767.41
R 0.00 724,391.84 0.000000 % 0.00
-------------------------------------------------------------------------------
77,178,720.00 7,877,561.58 308,767.41
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 38,762.87 347,530.28 0.00 0.00 6,844,402.33
R 0.00 0.00 30,470.35 0.00 754,862.19
-------------------------------------------------------------------------------
38,762.87 347,530.28 30,470.35 0.00 7,599,264.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 92.683187 4.000681 0.502248 4.502929 0.000000 88.682506
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4202
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,052.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 9,529.54
MASTER SERVICER ADVANCES THIS MONTH 3,355.54
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 1 136,127.45
(C) THREE OR MORE MONTHLY PAYMENTS: 4 455,951.02
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 435,724.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,599,264.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 71
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 366,161.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 273,971.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 90.80436460 % 9.19563540 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 90.06664150 % 9.93335850 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 76,078.00
SPECIAL HAZARD AMOUNT AVAILABLE 914,736.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.40019284
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.07
POOL TRADING FACTOR: 9.84632101
................................................................................
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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 0.00 6.770000 % 0.00
A-2 76110WAP1 28,000,000.00 2,753,108.98 7.040000 % 1,106,086.32
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 352,608.35 138,226.67 0.000000 % 537.46
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 3,048,050.23 7.980000 % 3,508.46
B-2 904,165.00 551,236.11 7.980000 % 0.00
B-3 904,163.45 0.00 7.980000 % 0.00
SPRED 0.00 0.00 1.419926 % 0.00
-------------------------------------------------------------------------------
100,462,675.80 32,577,354.99 1,110,132.24
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 16,148.92 1,122,235.24 0.00 0.00 1,647,022.66
A-3 74,087.85 74,087.85 0.00 0.00 12,000,000.00
A-4 93,661.41 93,661.41 0.00 0.00 14,086,733.00
A-5 0.00 537.46 0.00 0.00 137,689.21
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 20,266.21 23,774.67 0.00 0.00 3,044,541.77
B-2 1,201.15 1,201.15 0.00 0.00 475,529.60
B-3 0.00 0.00 0.00 0.00 0.00
SPRED 38,541.54 38,541.54 0.00 0.00 0.00
-------------------------------------------------------------------------------
243,907.08 1,354,039.32 0.00 0.00 31,391,516.24
===============================================================================
_______________________________________________________________________________
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 98.325321 39.503083 0.576747 40.079830 0.000000 58.822238
A-3 1000.000000 0.000000 6.173988 6.173988 0.000000 1000.000000
A-4 1000.000000 0.000000 6.648909 6.648909 0.000000 1000.000000
A-5 392.011902 1.524241 0.000000 1.524241 0.000000 390.487662
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-1 948.128823 1.091344 6.304023 7.395367 0.000000 947.037479
B-2 609.663181 0.000000 1.328463 1.328463 0.000000 525.932324
B-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
SPRED 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS2 (POOL # 4209)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4209
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,320.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 28,858.56
MASTER SERVICER ADVANCES THIS MONTH 4,758.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 851,613.67
(B) TWO MONTHLY PAYMENTS: 6 560,033.13
(C) THREE OR MORE MONTHLY PAYMENTS: 4 235,730.84
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,595,539.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 31,391,516.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 345
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 562,777.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 794,885.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 88.90449120 % 11.09550880 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 88.73715090 % 11.26284910 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 404,303.00
SPECIAL HAZARD AMOUNT AVAILABLE 814,904.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.75564192
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.37
POOL TRADING FACTOR: 31.24694419
................................................................................
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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 15,468,175.73 6.537500 % 467,471.02
R 0.00 1,437,310.08 0.000000 % 0.00
-------------------------------------------------------------------------------
143,731,008.00 16,905,485.81 467,471.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 84,018.54 551,489.56 0.00 0.00 15,000,704.71
R 0.00 0.00 52,547.53 0.00 1,489,857.61
-------------------------------------------------------------------------------
84,018.54 551,489.56 52,547.53 0.00 16,490,562.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 107.618919 3.252402 0.584554 3.836956 0.000000 104.366517
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS3 (POOL # 4210)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4210
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,898.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 20,113.71
MASTER SERVICER ADVANCES THIS MONTH 1,061.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 871,318.63
(B) TWO MONTHLY PAYMENTS: 3 171,798.92
(C) THREE OR MORE MONTHLY PAYMENTS: 4 361,940.76
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 639,406.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 16,490,562.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 160
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 130,988.89
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 405,548.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 91.49796640 % 8.50203360 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 90.96539230 % 9.03460770 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 242,806.00
SPECIAL HAZARD AMOUNT AVAILABLE 785,689.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.65817958
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 308.71
POOL TRADING FACTOR: 11.47321135
................................................................................
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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-1 76110WAW6 33,524,000.00 0.00 0.125000 % 0.00
A-I-2 76110WAX4 35,203,000.00 0.00 7.300000 % 0.00
A-I-3 76110WAY2 7,449,000.00 6,004,850.25 7.625000 % 134,307.88
A-I-4 76110WAZ9 11,675,000.00 11,675,000.00 7.900000 % 0.00
A-I-5 76110WBA3 7,071,000.00 7,071,000.00 8.050000 % 0.00
A-II 76110WBB1 223,019,000.00 24,633,436.65 6.445000 % 316,656.99
R 1,035.81 6,921,824.55 0.000000 % 0.00
-------------------------------------------------------------------------------
317,942,035.81 56,306,111.45 450,964.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 38,135.17 172,443.05 0.00 0.00 5,870,542.37
A-I-4 76,818.82 76,818.82 0.00 0.00 11,675,000.00
A-I-5 47,408.96 47,408.96 0.00 0.00 7,071,000.00
A-II 132,291.69 448,948.68 0.00 0.00 24,316,779.66
R 49,234.95 49,234.95 77,504.01 0.00 6,999,328.56
-------------------------------------------------------------------------------
343,889.59 794,854.46 77,504.01 0.00 55,932,650.59
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 806.128373 18.030324 5.119502 23.149826 0.000000 788.098049
A-I-4 1000.000000 0.000000 6.579770 6.579770 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.704704 6.704704 0.000000 1000.000000
A-II 110.454431 1.419866 0.593186 2.013052 0.000000 109.034565
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,945.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,730.98
SUBSERVICER ADVANCES THIS MONTH 83,303.45
MASTER SERVICER ADVANCES THIS MONTH 8,232.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,534,857.90
(B) TWO MONTHLY PAYMENTS: 8 839,553.91
(C) THREE OR MORE MONTHLY PAYMENTS: 19 1,817,569.00
FORECLOSURES
NUMBER OF LOANS 41
AGGREGATE PRINCIPAL BALANCE 4,702,593.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,932,650.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 584
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 10
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 898,637.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 238,294.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 87.70679710 % 12.29320290 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 87.48614900 % 12.51385100 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 678,811.00
SPECIAL HAZARD AMOUNT AVAILABLE 779,338.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.79623300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 301.22
POOL TRADING FACTOR: 17.59209047
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,737.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,749.26
SUBSERVICER ADVANCES THIS MONTH 27,443.78
MASTER SERVICER ADVANCES THIS MONTH 2,243.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 471,446.31
(B) TWO MONTHLY PAYMENTS: 5 392,082.19
(C) THREE OR MORE MONTHLY PAYMENTS: 10 678,235.33
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,433,012.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 26,040,375.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 298
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 249,034.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 34,504.08
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.17780060 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.33555796
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.59
POOL TRADING FACTOR: 27.43337857
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,208.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 981.72
SUBSERVICER ADVANCES THIS MONTH 55,859.67
MASTER SERVICER ADVANCES THIS MONTH 5,988.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 1,063,411.59
(B) TWO MONTHLY PAYMENTS: 3 447,471.72
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,139,333.67
FORECLOSURES
NUMBER OF LOANS 26
AGGREGATE PRINCIPAL BALANCE 3,269,581.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,892,274.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 286
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 649,603.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 203,790.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 18.44240770 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.19754495
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.36
POOL TRADING FACTOR: 13.40341732
................................................................................
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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 23,929,203.64 6.420000 % 1,656,142.73
R 0.40 2,111,600.10 0.000000 % 0.00
-------------------------------------------------------------------------------
200,011,758.40 26,040,803.74 1,656,142.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 126,744.98 1,782,887.71 0.00 0.00 22,273,060.91
R 0.00 0.00 0.00 0.00 2,111,600.10
-------------------------------------------------------------------------------
126,744.98 1,782,887.71 0.00 0.00 24,384,661.01
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 119.638985 8.280227 0.633688 8.913915 0.000000 111.358758
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS5 (POOL # 4232)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4232
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,424.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 40,879.27
MASTER SERVICER ADVANCES THIS MONTH 3,599.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 491,360.66
(B) TWO MONTHLY PAYMENTS: 5 680,073.42
(C) THREE OR MORE MONTHLY PAYMENTS: 9 915,621.32
FORECLOSURES
NUMBER OF LOANS 22
AGGREGATE PRINCIPAL BALANCE 2,181,322.48
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 24,384,661.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 221
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 407,009.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,443,351.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 91.89118690 % 8.10881310 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 91.34045740 % 8.65954260 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 284,827.00
SPECIAL HAZARD AMOUNT AVAILABLE 978,277.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.57303855
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.13
POOL TRADING FACTOR: 12.19161374
................................................................................
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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-1 76110WBD7 52,000,000.00 0.00 0.140000 % 0.00
A-I-2 76110WBE5 32,000,000.00 0.00 7.070000 % 0.00
A-I-3 76110WBF2 16,000,000.00 14,030,625.95 7.390000 % 305,004.99
A-I-4 76110WBG0 21,743,601.00 21,743,601.00 7.650000 % 0.00
A-II 76100WBH8 151,859,043.00 26,435,858.07 6.385000 % 733,886.01
R 1.60 2,736,026.46 0.000000 % 0.00
-------------------------------------------------------------------------------
273,602,645.60 64,946,111.48 1,038,891.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 86,405.27 391,410.26 0.00 0.00 13,725,620.96
A-I-4 138,615.46 138,615.46 0.00 0.00 21,743,601.00
A-II 140,660.79 874,546.80 0.00 0.00 25,701,972.06
R 82,132.20 82,132.20 0.00 0.00 2,736,026.46
-------------------------------------------------------------------------------
447,813.72 1,486,704.72 0.00 0.00 63,907,220.48
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 876.914122 19.062812 5.400329 24.463141 0.000000 857.851310
A-I-4 1000.000000 0.000000 6.375000 6.375000 0.000000 1000.000000
A-II 174.081553 4.832679 0.926259 5.758938 0.000000 169.248874
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 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
ADDITIONAL RELATED INFORMATION FOR POOL 4241
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,175.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,402.54
SUBSERVICER ADVANCES THIS MONTH 109,883.45
MASTER SERVICER ADVANCES THIS MONTH 12,657.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,666,516.08
(B) TWO MONTHLY PAYMENTS: 14 1,470,510.82
(C) THREE OR MORE MONTHLY PAYMENTS: 30 2,829,629.35
FORECLOSURES
NUMBER OF LOANS 40
AGGREGATE PRINCIPAL BALANCE 4,383,002.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,907,220.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 720
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 13
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,412,102.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 831,919.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.78723590 % 4.21276410 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.71875220 % 4.28124780 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 571,476.00
SPECIAL HAZARD AMOUNT AVAILABLE 793,565.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.91023900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 275.72
POOL TRADING FACTOR: 23.35767636
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Page: 2 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
ADDITIONAL RELATED INFORMATION FOR POOL 4241
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,239.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,402.54
SUBSERVICER ADVANCES THIS MONTH 42,088.54
MASTER SERVICER ADVANCES THIS MONTH 2,396.34
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,228,771.35
(B) TWO MONTHLY PAYMENTS: 8 706,149.88
(C) THREE OR MORE MONTHLY PAYMENTS: 16 1,208,709.54
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,329,335.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 36,686,657.98
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 284,059.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 264,240.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 3.29110920 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 367,709.00
SPECIAL HAZARD AMOUNT AVAILABLE 747,040.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.35676136
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 243.26
POOL TRADING FACTOR: 30.13436224
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4241
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,935.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 67,794.91
MASTER SERVICER ADVANCES THIS MONTH 10,261.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,437,744.73
(B) TWO MONTHLY PAYMENTS: 6 764,360.94
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,620,919.81
FORECLOSURES
NUMBER OF LOANS 25
AGGREGATE PRINCIPAL BALANCE 3,053,667.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 27,220,562.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 254
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 9
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,128,042.97
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 567,679.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.43237490 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
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 11.65619081
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.47
POOL TRADING FACTOR: 17.92488733
................................................................................
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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 46,221,874.11 6.390000 % 2,001,582.58
A-II 76110WBL9 115,163,718.00 15,630,576.64 6.385000 % 696,711.62
SB-I 797KS2SBI 0.22 3,926,310.32 0.000000 % 165,196.49
SB-II 97KS2SBII 0.37 1,368,160.28 0.000000 % 93,255.01
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
365,268,593.59 67,146,921.35 2,956,745.70
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 246,131.48 2,247,714.06 0.00 0.00 44,220,291.53
A-II 83,167.69 779,879.31 0.00 0.00 14,933,865.02
SB-I 100,741.78 265,938.27 0.00 0.00 3,761,113.83
SB-II 19,466.37 112,721.38 0.00 0.00 1,274,905.27
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
-------------------------------------------------------------------------------
449,507.32 3,406,253.02 0.00 0.00 64,190,175.65
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 184.809969 8.002973 0.984113 8.987086 0.000000 176.806996
A-II 135.724835 6.049749 0.722169 6.771918 0.000000 129.675086
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS2 (POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4251
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,469.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 165,054.30
MASTER SERVICER ADVANCES THIS MONTH 13,090.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 2,729,724.39
(B) TWO MONTHLY PAYMENTS: 6 762,058.24
(C) THREE OR MORE MONTHLY PAYMENTS: 33 3,964,139.29
FORECLOSURES
NUMBER OF LOANS 69
AGGREGATE PRINCIPAL BALANCE 8,964,986.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,190,175.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 592
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 15
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,412,288.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,248,808.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.11509550 % 7.88490450 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.15453290 % 7.84546710 %
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 12.28643400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.23
POOL TRADING FACTOR: 17.57341769
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS2 (POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4251
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,710.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 129,520.21
MASTER SERVICER ADVANCES THIS MONTH 10,342.90
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,888,882.45
(B) TWO MONTHLY PAYMENTS: 6 762,058.24
(C) THREE OR MORE MONTHLY PAYMENTS: 26 3,235,788.58
FORECLOSURES
NUMBER OF LOANS 53
AGGREGATE PRINCIPAL BALANCE 6,882,298.10
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,981,405.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 443
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 12
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,109,286.20
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,558,715.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 7.82941670 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,132,276.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.35964232
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.52
POOL TRADING FACTOR: 19.18451422
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS2 (POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4251
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,758.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 35,534.09
MASTER SERVICER ADVANCES THIS MONTH 2,747.30
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 840,841.94
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 7 728,350.71
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 2,082,688.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 16,208,770.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 149
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 303,002.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 690,092.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 8.04859970 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,132,276.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.06972142
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.38
POOL TRADING FACTOR: 14.07454580
................................................................................
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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-1 76110WBP0 74,500,000.00 0.00 0.095000 % 0.00
A-I-2 76110WBQ8 20,000,000.00 0.00 6.550000 % 0.00
A-I-3 76110WBR6 32,800,000.00 1,350,239.67 6.680000 % 1,350,239.67
A-I-4 76110WBS4 16,300,000.00 16,300,000.00 6.900000 % 176,239.56
A-I-5 76110WBT2 22,038,000.00 22,038,000.00 7.250000 % 0.00
A-I-6 76110WBU9 18,400,000.00 18,400,000.00 6.900000 % 0.00
M-I-1 76110WBX3 9,002,000.00 9,002,000.00 7.150000 % 0.00
M-I-2 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-1 76110WBV7 159,111,000.00 14,703,115.50 6.375000 % 2,681,765.38
A-II-2 76110WBW5 60,012,000.00 6,262,611.47 6.355000 % 412,149.45
M-II-1 76110WBZ8 15,751,000.00 15,751,000.00 6.565000 % 0.00
M-II-2 76110WCA2 9,226,000.00 9,226,000.00 6.725000 % 0.00
B-II 76110WCC8 5,901,000.00 5,901,000.00 7.195000 % 0.00
SB-I 76110WCD6 996.58 2,500,525.00 0.000000 % 0.00
SB-II 76110WCE4 1,161.22 5,000,020.00 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
450,045,157.80 133,436,511.64 4,620,394.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 7,516.33 1,357,756.00 0.00 0.00 0.00
A-I-4 93,725.00 269,964.56 0.00 0.00 16,123,760.44
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 78,110.30 2,759,875.68 0.00 0.00 12,021,350.12
A-II-2 33,165.75 445,315.20 0.00 0.00 5,850,462.02
M-II-1 86,171.10 86,171.10 0.00 0.00 15,751,000.00
M-II-2 51,704.04 51,704.04 0.00 0.00 9,226,000.00
B-II 35,381.41 35,381.41 0.00 0.00 5,901,000.00
SB-I 9,766.34 9,766.34 0.00 0.00 2,500,525.00
SB-II 121,426.29 121,426.29 0.00 0.00 5,000,020.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
853,112.24 5,473,506.30 0.00 0.00 128,816,117.58
===============================================================================
Run: 05/25/00 08:07:03
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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-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 41.165844 41.165844 0.229156 41.395000 0.000000 0.000000
A-I-4 1000.000000 10.812243 5.750000 16.562243 0.000000 989.187757
A-I-5 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.750000 5.750000 0.000000 1000.000000
M-I-1 1000.000000 0.000000 5.958334 5.958334 0.000000 1000.000000
M-I-2 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-1 92.407913 16.854682 0.490917 17.345599 0.000000 75.553231
A-II-2 104.355987 6.867784 0.552652 7.420436 0.000000 97.488203
M-II-1 1000.000000 0.000000 5.470834 5.470834 0.000000 1000.000000
M-II-2 1000.000000 0.000000 5.604166 5.604166 0.000000 1000.000000
B-II 1000.000000 0.000000 5.995833 5.995833 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 53,102.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 664.26
SUBSERVICER ADVANCES THIS MONTH 182,618.58
MASTER SERVICER ADVANCES THIS MONTH 31,086.59
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 2,552,172.38
(B) TWO MONTHLY PAYMENTS: 26 2,043,655.26
(C) THREE OR MORE MONTHLY PAYMENTS: 50 3,681,030.34
FORECLOSURES
NUMBER OF LOANS 119
AGGREGATE PRINCIPAL BALANCE 10,653,693.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 128,816,117.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,522
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 39
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,252,633.20
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,906,111.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 59.24462930 % 0.00000000 % 40.75537070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 57.78281010 % 0.00000000 % 42.21718990 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,780,910.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,780,910.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.00880500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 294.34
POOL TRADING FACTOR: 28.62293158
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 30,883.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 664.26
SUBSERVICER ADVANCES THIS MONTH 81,451.79
MASTER SERVICER ADVANCES THIS MONTH 16,476.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,076,151.24
(B) TWO MONTHLY PAYMENTS: 15 799,973.51
(C) THREE OR MORE MONTHLY PAYMENTS: 35 2,017,255.66
FORECLOSURES
NUMBER OF LOANS 60
AGGREGATE PRINCIPAL BALANCE 4,756,802.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,066,285.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 990
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 25
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,696,965.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,194,201.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.84037460 % 0.00000000 % 24.15962540 %
PREPAYMENT PERCENT 0.00000000 % 0.00000000 % 100.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.32035458
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 272.56
POOL TRADING FACTOR: 37.52507547
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,858.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 68,322.24
MASTER SERVICER ADVANCES THIS MONTH 7,933.18
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,092,200.25
(B) TWO MONTHLY PAYMENTS: 7 646,276.94
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,114,273.60
FORECLOSURES
NUMBER OF LOANS 41
AGGREGATE PRINCIPAL BALANCE 4,088,841.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 37,940,646.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 384
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 857,490.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,371,519.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 36.20880350 % 0.00000000 % 63.79119650 %
PREPAYMENT PERCENT 0.00000000 % 0.00000000 % 100.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.98214404
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.83
POOL TRADING FACTOR: 20.90019360
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 6,360.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 32,844.55
MASTER SERVICER ADVANCES THIS MONTH 6,677.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 383,820.89
(B) TWO MONTHLY PAYMENTS: 4 597,404.81
(C) THREE OR MORE MONTHLY PAYMENTS: 5 549,501.08
FORECLOSURES
NUMBER OF LOANS 18
AGGREGATE PRINCIPAL BALANCE 1,808,049.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 15,809,185.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 148
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 698,177.64
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 340,390.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 38.56933620 % 0.00000000 % 61.43066380 %
PREPAYMENT PERCENT 0.00000000 % 0.00000000 % 100.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.94182434
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.56
POOL TRADING FACTOR: 23.08933358
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS4(POOL # 4272)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4272
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WCF1 79,798,000.00 0.00 0.140000 % 0.00
A-I-2 76110WCG9 15,000,000.00 0.00 6.460000 % 0.00
A-I-3 76110WCH7 32,000,000.00 16,697,955.21 6.560000 % 1,967,042.30
A-I-4 76110WCJ3 30,000,000.00 30,000,000.00 6.720000 % 0.00
A-I-5 76110WCK0 23,257,000.00 23,257,000.00 6.980000 % 0.00
A-I-6 76110WCL8 20,000,000.00 20,000,000.00 6.680000 % 0.00
A-II-1 76110WCM6 200,060,000.00 53,693,829.26 6.365000 % 1,880,894.62
A-II-2 76110WCN4 200,020,000.00 52,819,991.32 6.340000 % 2,580,692.13
SB-I 76110WCQ7 768.84 2,000,557.69 0.000000 % 0.00
SB-II 76110WCP9 504.57 8,001,610.09 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
600,136,273.41 206,470,943.57 6,428,629.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 91,282.16 2,058,324.46 0.00 0.00 14,730,912.91
A-I-4 168,000.00 168,000.00 0.00 0.00 30,000,000.00
A-I-5 135,278.22 135,278.22 0.00 0.00 23,257,000.00
A-I-6 111,333.33 111,333.33 0.00 0.00 20,000,000.00
A-II-1 284,801.02 2,165,695.64 0.00 0.00 51,812,934.64
A-II-2 279,065.62 2,859,757.75 0.00 0.00 50,239,299.19
SB-I 0.00 0.00 0.00 0.00 2,000,557.69
SB-II 202,170.25 202,170.25 0.00 0.00 8,001,610.09
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
-------------------------------------------------------------------------------
1,271,930.60 7,700,559.65 0.00 0.00 200,042,314.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 521.811100 61.470072 2.852568 64.322640 0.000000 460.341028
A-I-4 1000.000000 0.000000 5.600000 5.600000 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.816667 5.816667 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.566667 5.566667 0.000000 1000.000000
A-II-1 268.388630 9.401653 1.423578 10.825231 0.000000 258.986977
A-II-2 264.073549 12.902170 1.395189 14.297359 0.000000 251.171379
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS4 (POOL # 4272)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4272
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 82,917.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 434.83
SUBSERVICER ADVANCES THIS MONTH 261,756.60
MASTER SERVICER ADVANCES THIS MONTH 35,321.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 71 6,050,514.41
(B) TWO MONTHLY PAYMENTS: 25 2,268,866.22
(C) THREE OR MORE MONTHLY PAYMENTS: 52 4,696,045.95
FORECLOSURES
NUMBER OF LOANS 154
AGGREGATE PRINCIPAL BALANCE 15,076,590.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 200,042,314.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,268
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 46
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,741,368.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,204,488.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.15565360 % 4.84434640 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.99997400 % 5.00002600 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,993,552.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,544,333.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.94767800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 308.14
POOL TRADING FACTOR: 33.33281513
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS4 (POOL # 4272)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4272
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 37,132.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 434.83
SUBSERVICER ADVANCES THIS MONTH 65,317.50
MASTER SERVICER ADVANCES THIS MONTH 14,210.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 1,510,343.33
(B) TWO MONTHLY PAYMENTS: 7 497,027.11
(C) THREE OR MORE MONTHLY PAYMENTS: 21 1,643,771.24
FORECLOSURES
NUMBER OF LOANS 51
AGGREGATE PRINCIPAL BALANCE 3,850,223.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,988,470.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,132
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 21
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,524,832.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,244,806.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.82442880 % 2.17557120 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 6,001,673.07
SPECIAL HAZARD AMOUNT AVAILABLE 2,000,558.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.14933666
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.38
POOL TRADING FACTOR: 44.98169242
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS4 (POOL # 4272)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4272
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,946.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 90,843.92
MASTER SERVICER ADVANCES THIS MONTH 7,419.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,256,106.42
(B) TWO MONTHLY PAYMENTS: 7 699,507.07
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,425,145.44
FORECLOSURES
NUMBER OF LOANS 47
AGGREGATE PRINCIPAL BALANCE 5,179,046.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,710,410.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 523
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 10
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 774,553.74
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,294,723.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.67780130 % 6.32219870 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 168,119.00
FRAUD AMOUNT AVAILABLE 12,002,415.14
SPECIAL HAZARD AMOUNT AVAILABLE 4,000,805.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.52648125
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.00
POOL TRADING FACTOR: 27.35241759
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS4 (POOL # 4272)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4272
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,838.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 105,595.18
MASTER SERVICER ADVANCES THIS MONTH 13,690.98
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,284,064.66
(B) TWO MONTHLY PAYMENTS: 11 1,072,332.04
(C) THREE OR MORE MONTHLY PAYMENTS: 17 1,627,129.27
FORECLOSURES
NUMBER OF LOANS 56
AGGREGATE PRINCIPAL BALANCE 6,047,320.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,343,433.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 613
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 15
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,441,982.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,664,959.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.34607860 % 7.65392140 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.67359955
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.50
POOL TRADING FACTOR: 27.66340091
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1(POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4291
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WCR5 70,000,000.00 0.00 6.940000 % 0.00
A-I-2 76110WCS3 35,000,000.00 0.00 6.450000 % 0.00
A-I-3 76110WCT1 100,000,000.00 28,491,543.34 6.285000 % 4,299,927.58
A-I-4 76110WCU8 31,000,000.00 31,000,000.00 6.390000 % 0.00
A-I-5 76110WCV6 31,000,000.00 31,000,000.00 6.505000 % 0.00
A-I-6 76110WCW4 30,000,000.00 30,000,000.00 6.585000 % 0.00
A-I-7 76110WCX2 20,000,000.00 20,000,000.00 6.810000 % 0.00
A-I-8 76110WCY0 25,448,000.00 25,448,000.00 7.010000 % 0.00
A-I-9 76110WCZ7 38,000,000.00 38,000,000.00 6.445000 % 0.00
A-II-1 76110WDA1 150,000,000.00 44,419,637.89 6.365000 % 2,546,842.68
A-II-2 76110WDB9 325,000,000.00 114,155,265.29 6.340000 % 5,422,913.50
SB-I 76110WDC7 33.88 3,424,032.30 0.000000 % 0.00
SB-II 76110WDD5 73,292.19 9,065,895.25 0.000000 % 683,855.33
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
855,521,326.07 375,004,374.07 12,953,539.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 149,224.46 4,449,152.04 0.00 0.00 24,191,615.76
A-I-4 165,075.00 165,075.00 0.00 0.00 31,000,000.00
A-I-5 168,045.83 168,045.83 0.00 0.00 31,000,000.00
A-I-6 164,625.00 164,625.00 0.00 0.00 30,000,000.00
A-I-7 113,500.00 113,500.00 0.00 0.00 20,000,000.00
A-I-8 148,658.73 148,658.73 0.00 0.00 25,448,000.00
A-I-9 204,091.67 204,091.67 0.00 0.00 38,000,000.00
A-II-1 235,609.16 2,782,451.84 0.00 0.00 41,872,795.21
A-II-2 603,120.32 6,026,033.82 0.00 0.00 108,732,351.79
SB-I 180,353.87 180,353.87 0.00 0.00 3,424,032.30
SB-II 390,861.11 1,074,716.44 0.00 0.00 8,382,039.92
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
-------------------------------------------------------------------------------
2,523,165.15 15,476,704.24 0.00 0.00 362,050,834.98
===============================================================================
Run: 05/25/00 08:07:05
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1(POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4291
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 284.915433 42.999276 1.492245 44.491521 0.000000 241.916158
A-I-4 1000.000000 0.000000 5.325000 5.325000 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.420833 5.420833 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.487500 5.487500 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.675000 5.675000 0.000000 1000.000000
A-I-8 1000.000000 0.000000 5.841667 5.841667 0.000000 1000.000000
A-I-9 1000.000000 0.000000 5.370833 5.370833 0.000000 1000.000000
A-II-1 296.130919 16.978951 1.570728 18.549679 0.000000 279.151968
A-II-2 351.246970 16.685888 1.855755 18.541643 0.000000 334.561082
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:05 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1 (POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4291
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 149,336.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 403,691.73
MASTER SERVICER ADVANCES THIS MONTH 74,963.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 107 9,654,786.81
(B) TWO MONTHLY PAYMENTS: 43 4,340,934.66
(C) THREE OR MORE MONTHLY PAYMENTS: 86 6,438,298.20
FORECLOSURES
NUMBER OF LOANS 230
AGGREGATE PRINCIPAL BALANCE 23,153,755.31
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 362,050,834.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,060
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 85
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 8,161,039.55
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 11,140,182.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 135,232.53
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.66939150 % 3.33060850 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.73911200 % 3.26088800 %
BANKRUPTCY AMOUNT AVAILABLE 357,952.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.69612400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.75
POOL TRADING FACTOR: 42.31932319
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1 (POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4291
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 83,519.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 137,033.81
MASTER SERVICER ADVANCES THIS MONTH 36,792.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 4,340,781.71
(B) TWO MONTHLY PAYMENTS: 10 855,320.27
(C) THREE OR MORE MONTHLY PAYMENTS: 44 2,329,757.21
FORECLOSURES
NUMBER OF LOANS 92
AGGREGATE PRINCIPAL BALANCE 8,151,023.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 203,063,648.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,490
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 44
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,121,110.84
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,449,375.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 135,232.53
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.34877830 % 1.65122170 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 142,938.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.86272010
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.94
POOL TRADING FACTOR: 53.37487120
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1 (POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4291
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,157.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 81,551.26
MASTER SERVICER ADVANCES THIS MONTH 20,682.26
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,284,870.55
(B) TWO MONTHLY PAYMENTS: 10 823,680.59
(C) THREE OR MORE MONTHLY PAYMENTS: 13 882,389.76
FORECLOSURES
NUMBER OF LOANS 47
AGGREGATE PRINCIPAL BALANCE 4,808,072.06
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 44,865,902.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 500
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 20
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,162,141.24
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,394,406.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 41.98921320 % 58.01078680 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 215,014.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.68308084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.47
POOL TRADING FACTOR: 29.89669355
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS1 (POOL # 4291)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4291
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 47,659.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 185,106.66
MASTER SERVICER ADVANCES THIS MONTH 17,488.74
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 3,029,134.55
(B) TWO MONTHLY PAYMENTS: 23 2,661,933.80
(C) THREE OR MORE MONTHLY PAYMENTS: 29 3,226,151.23
FORECLOSURES
NUMBER OF LOANS 91
AGGREGATE PRINCIPAL BALANCE 10,194,660.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 114,121,284.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,070
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 21
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,877,787.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,296,400.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 21.20498480 % 78.79501520 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 6,015,118.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.79104131
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.50
POOL TRADING FACTOR: 35.11386201
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2(POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4303
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WDE3 62,000,000.00 0.00 6.775000 % 0.00
A-I-2 76110WDF0 65,000,000.00 0.00 6.400000 % 0.00
A-I-3 76110WDG8 72,000,000.00 54,484,807.51 6.240000 % 4,131,174.41
A-I-4 76110WDH6 33,000,000.00 33,000,000.00 6.355000 % 0.00
A-I-5 76110WDJ2 19,000,000.00 19,000,000.00 6.400000 % 0.00
A-I-6 76110WDK9 20,000,000.00 20,000,000.00 6.485000 % 0.00
A-I-7 76110WDU7 18,000,000.00 18,000,000.00 6.630000 % 0.00
A-I-8 76110WDV5 16,600,000.00 16,600,000.00 6.805000 % 0.00
A-I-9 76110WDW3 33,900,000.00 33,900,000.00 6.415000 % 0.00
A-II-1 76110WDL7 370,000,000.00 170,740,734.65 6.310000 % 10,704,915.55
A-II-2 76110WDM5 75,000,000.00 32,943,101.76 6.295000 % 2,405,685.00
M-I-1 76110WDN3 19,085,000.00 19,085,000.00 6.720000 % 0.00
M-I-2 76110WDP8 13,058,000.00 13,058,000.00 6.980000 % 0.00
M-I-3 76110WDQ6 9,041,000.00 9,041,000.00 7.620000 % 0.00
B-I-1 76110WDR4 10,246,000.00 10,246,000.00 9.179000 % 0.00
B-I-2 76110WDS2 5,425,000.00 5,425,000.00 9.649000 % 0.00
B-I-3 76110WDT0 5,426,154.06 3,507,335.38 9.649000 % 0.00
SB-I 76110WDX1 0.00 0.00 0.000000 % 0.00
SB-II 76110WDY9 202,335.73 8,904,046.71 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
846,983,489.79 467,935,026.01 17,241,774.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 283,321.00 4,414,495.41 0.00 0.00 50,353,633.10
A-I-4 174,762.50 174,762.50 0.00 0.00 33,000,000.00
A-I-5 101,333.33 101,333.33 0.00 0.00 19,000,000.00
A-I-6 108,083.33 108,083.33 0.00 0.00 20,000,000.00
A-I-7 99,450.00 99,450.00 0.00 0.00 18,000,000.00
A-I-8 94,135.83 94,135.83 0.00 0.00 16,600,000.00
A-I-9 181,223.75 181,223.75 0.00 0.00 33,900,000.00
A-II-1 897,811.70 11,602,727.25 0.00 0.00 160,035,819.10
A-II-2 172,814.02 2,578,499.02 0.00 0.00 30,537,416.76
M-I-1 106,876.00 106,876.00 0.00 0.00 19,085,000.00
M-I-2 75,954.03 75,954.03 0.00 0.00 13,058,000.00
M-I-3 57,410.35 57,410.35 0.00 0.00 9,041,000.00
B-I-1 78,373.36 78,373.36 0.00 0.00 10,246,000.00
B-I-2 43,621.52 43,621.52 0.00 0.00 5,425,000.00
B-I-3 28,201.90 28,201.90 0.00 0.00 3,178,485.75
SB-I 550,899.41 550,899.41 0.00 0.00 0.00
SB-II 704,814.63 704,814.63 0.00 0.00 8,904,046.71
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
-------------------------------------------------------------------------------
3,759,086.66 21,000,861.62 0.00 0.00 450,364,401.42
===============================================================================
Run: 05/25/00 08:07:06
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2(POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4303
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 756.733438 57.377422 3.935014 61.312436 0.000000 699.356015
A-I-4 1000.000000 0.000000 5.295833 5.295833 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.333333 5.333333 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.404167 5.404167 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.525000 5.525000 0.000000 1000.000000
A-I-8 1000.000000 0.000000 5.670833 5.670833 0.000000 1000.000000
A-I-9 1000.000000 0.000000 5.345833 5.345833 0.000000 1000.000000
A-II-1 461.461445 28.932204 2.426518 31.358722 0.000000 432.529241
A-II-2 439.241357 32.075800 2.304187 34.379987 0.000000 407.165557
M-I-1 1000.000000 0.000000 5.600000 5.600000 0.000000 1000.000000
M-I-2 1000.000000 0.000000 5.816666 5.816666 0.000000 1000.000000
M-I-3 1000.000000 0.000000 6.350000 6.350000 0.000000 1000.000000
B-I-1 1000.000000 0.000000 7.649167 7.649167 0.000000 1000.000000
B-I-2 1000.000000 0.000000 8.040833 8.040833 0.000000 1000.000000
B-I-3 646.375931 0.000000 5.197401 5.197401 0.000000 585.771380
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:06 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 186,475.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,504.69
SUBSERVICER ADVANCES THIS MONTH 548,428.39
MASTER SERVICER ADVANCES THIS MONTH 96,122.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 162 14,144,993.49
(B) TWO MONTHLY PAYMENTS: 57 5,896,653.42
(C) THREE OR MORE MONTHLY PAYMENTS: 236 18,315,586.92
FORECLOSURES
NUMBER OF LOANS 246
AGGREGATE PRINCIPAL BALANCE 20,254,028.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 450,364,401.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,285
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 126
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 10,421,096.83
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 15,924,123.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 122,225.52
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.19743590 % 8.80122200 % 6.00134220 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.69294370 % 9.14459488 % 6.16246140 %
BANKRUPTCY AMOUNT AVAILABLE 151,371.00
FRAUD AMOUNT AVAILABLE 12,053,435.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,017,812.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.79803300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.93
POOL TRADING FACTOR: 53.17274857
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 103,395.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,504.69
SUBSERVICER ADVANCES THIS MONTH 262,923.33
MASTER SERVICER ADVANCES THIS MONTH 41,491.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 93 7,325,156.04
(B) TWO MONTHLY PAYMENTS: 36 3,492,286.15
(C) THREE OR MORE MONTHLY PAYMENTS: 126 7,971,630.67
FORECLOSURES
NUMBER OF LOANS 150
AGGREGATE PRINCIPAL BALANCE 10,108,843.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 250,887,118.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,376
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 62
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,360,107.97
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,273,652.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 122,225.52
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.36067720 % 0.00000000 % 23.63932280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 151,371.00
FRAUD AMOUNT AVAILABLE 12,053,435.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,017,812.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.02286059
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.15
POOL TRADING FACTOR: 62.44372498
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,468.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 57,379.39
MASTER SERVICER ADVANCES THIS MONTH 8,314.10
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 638,416.43
(B) TWO MONTHLY PAYMENTS: 6 516,500.78
(C) THREE OR MORE MONTHLY PAYMENTS: 26 2,473,682.25
FORECLOSURES
NUMBER OF LOANS 19
AGGREGATE PRINCIPAL BALANCE 2,188,855.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 32,273,332.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 304
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 9
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 943,690.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,379,012.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.02958990 % 0.00000000 % 4.97041010 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.82734275
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.96
POOL TRADING FACTOR: 42.98529471
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 69,611.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 228,125.67
MASTER SERVICER ADVANCES THIS MONTH 46,316.71
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 62 6,181,421.02
(B) TWO MONTHLY PAYMENTS: 15 1,887,866.49
(C) THREE OR MORE MONTHLY PAYMENTS: 84 7,870,274.00
FORECLOSURES
NUMBER OF LOANS 77
AGGREGATE PRINCIPAL BALANCE 7,956,329.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 167,203,949.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,605
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 55
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,117,298.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 10,271,458.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.96395740 % 0.00000000 % 4.03604260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.76249346
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.08
POOL TRADING FACTOR: 45.17531254
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS3(POOL # 4330)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4330
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WDZ6 169,000,000.00 26,459,552.17 6.275000 % 5,220,471.06
A-I-2 76110WEA0 53,000,000.00 53,000,000.00 5.830000 % 0.00
A-I-3 76110WEB8 73,000,000.00 73,000,000.00 5.910000 % 0.00
A-I-4 76110WEC6 25,000,000.00 25,000,000.00 6.035000 % 0.00
A-I-5 76110WED4 36,000,000.00 36,000,000.00 6.160000 % 0.00
A-I-6 76110WEE2 49,121,000.00 49,121,000.00 6.645000 % 0.00
A-I-7 76110WEF9 45,000,000.00 45,000,000.00 5.980000 % 0.00
A-II 76110WEG7 425,000,000.00 253,797,312.69 6.345000 % 6,122,874.28
SB-I 76110WEH5 84.30 6,076,634.64 0.000000 % 0.00
SB-II 76110WEJ1 129,754.99 10,628,243.87 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
875,250,839.29 578,082,743.37 11,343,345.34
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 138,361.41 5,358,832.47 0.00 0.00 21,239,081.11
A-I-2 257,491.67 257,491.67 0.00 0.00 53,000,000.00
A-I-3 359,525.00 359,525.00 0.00 0.00 73,000,000.00
A-I-4 125,729.17 125,729.17 0.00 0.00 25,000,000.00
A-I-5 184,800.00 184,800.00 0.00 0.00 36,000,000.00
A-I-6 272,007.54 272,007.54 0.00 0.00 49,121,000.00
A-I-7 224,250.00 224,250.00 0.00 0.00 45,000,000.00
A-II 1,341,953.29 7,464,827.57 0.00 0.00 247,674,438.41
SB-I 510,569.08 510,569.08 0.00 0.00 6,076,634.64
SB-II 529,518.33 529,518.33 0.00 0.00 10,628,243.87
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
-------------------------------------------------------------------------------
3,944,205.49 15,287,550.83 0.00 0.00 566,739,398.03
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 156.565397 30.890361 0.818707 31.709068 0.000000 125.675036
A-I-2 1000.000000 0.000000 4.858333 4.858333 0.000000 1000.000000
A-I-3 1000.000000 0.000000 4.925000 4.925000 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.029167 5.029167 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.133333 5.133333 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.537500 5.537500 0.000000 1000.000000
A-I-7 1000.000000 0.000000 4.983333 4.983333 0.000000 1000.000000
A-II 597.170148 14.406763 3.157537 17.564300 0.000000 582.763385
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS3 (POOL # 4330)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4330
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 234,789.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,546.80
SUBSERVICER ADVANCES THIS MONTH 635,552.81
MASTER SERVICER ADVANCES THIS MONTH 75,684.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 192 16,052,681.91
(B) TWO MONTHLY PAYMENTS: 86 7,869,283.76
(C) THREE OR MORE MONTHLY PAYMENTS: 296 21,178,495.55
FORECLOSURES
NUMBER OF LOANS 283
AGGREGATE PRINCIPAL BALANCE 25,755,321.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 566,739,398.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,587
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 116
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 8,042,714.84
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,299,305.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 232,115.53
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.11029630 % 2.88970370 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.05245860 % 2.94754140 %
BANKRUPTCY AMOUNT AVAILABLE 375,746.00
FRAUD AMOUNT AVAILABLE 13,246,465.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,623,232.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.14020700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 310.38
POOL TRADING FACTOR: 64.75165434
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS3 (POOL # 4330)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4330
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 107,446.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 308,588.25
MASTER SERVICER ADVANCES THIS MONTH 28,440.94
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 76 8,361,061.31
(B) TWO MONTHLY PAYMENTS: 38 4,758,549.36
(C) THREE OR MORE MONTHLY PAYMENTS: 96 8,676,926.67
FORECLOSURES
NUMBER OF LOANS 115
AGGREGATE PRINCIPAL BALANCE 13,369,615.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 258,302,682.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,362
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 40
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,103,546.86
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,506,396.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 90,225.35
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.98062910 % 4.01937090 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.36243569
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.77
POOL TRADING FACTOR: 60.75855177
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS3 (POOL # 4330)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4330
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 127,342.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,546.80
SUBSERVICER ADVANCES THIS MONTH 326,964.56
MASTER SERVICER ADVANCES THIS MONTH 47,243.43
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 116 7,691,620.60
(B) TWO MONTHLY PAYMENTS: 48 3,110,734.40
(C) THREE OR MORE MONTHLY PAYMENTS: 200 12,501,568.88
FORECLOSURES
NUMBER OF LOANS 168
AGGREGATE PRINCIPAL BALANCE 12,385,705.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 308,436,715.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,225
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 76
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,939,167.98
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,792,909.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 141,890.18
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.06265090 % 1.93734910 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.95410039
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 288.28
POOL TRADING FACTOR: 68.52305446
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS4(POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4348
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 76110WEZ5 350,000,000.00 263,204,310.11 6.602000 % 3,787,300.44
A-II-1 76110WFA9 300,000,000.00 200,075,223.00 6.695000 % 4,469,312.12
A-II-2 76110WFB7 175,000,000.00 115,043,546.30 6.765000 % 3,740,278.53
SB-I 76110WFC5 88,694.02 3,500,886.94 0.000000 % 0.00
SB-II 76110WFD3 90,412.42 14,252,712.37 0.000000 % 0.00
R-I 76110WFE1 0.00 0.00 0.000000 % 0.00
R-II 76110WFF8 0.00 0.00 0.000000 % 0.00
R-III 76110WFG6 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
825,179,106.44 596,076,678.72 11,996,891.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 1,447,705.61 5,235,006.05 0.00 0.00 259,417,009.67
A-II-1 1,116,253.01 5,585,565.13 0.00 0.00 195,605,910.88
A-II-2 648,557.99 4,388,836.52 0.00 0.00 111,303,267.77
SB-I 476,026.49 476,026.49 0.00 0.00 3,500,886.94
SB-II 371,148.04 371,148.04 0.00 0.00 14,252,712.37
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
-------------------------------------------------------------------------------
4,059,691.14 16,056,582.23 0.00 0.00 584,079,787.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 752.012315 10.820858 4.136302 14.957160 0.000000 741.191456
A-II-1 666.917410 14.897707 3.720843 18.618550 0.000000 652.019703
A-II-2 657.391693 21.373020 3.706046 25.079066 0.000000 636.018673
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 242,247.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,967.36
SUBSERVICER ADVANCES THIS MONTH 583,485.35
MASTER SERVICER ADVANCES THIS MONTH 68,007.74
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 218 18,252,685.54
(B) TWO MONTHLY PAYMENTS: 64 5,813,682.58
(C) THREE OR MORE MONTHLY PAYMENTS: 271 22,370,895.25
FORECLOSURES
NUMBER OF LOANS 246
AGGREGATE PRINCIPAL BALANCE 19,677,035.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 584,079,787.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,619
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 89
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 7,951,034.86
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 10,083,057.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 82,257.81
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.02159140 % 2.97840860 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.96041540 % 3.03958460 %
BANKRUPTCY AMOUNT AVAILABLE 360,553.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.96730700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.57
POOL TRADING FACTOR: 70.78218329
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 108,982.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,967.36
SUBSERVICER ADVANCES THIS MONTH 252,656.73
MASTER SERVICER ADVANCES THIS MONTH 23,870.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 120 7,714,169.18
(B) TWO MONTHLY PAYMENTS: 35 2,690,501.70
(C) THREE OR MORE MONTHLY PAYMENTS: 147 9,821,829.47
FORECLOSURES
NUMBER OF LOANS 130
AGGREGATE PRINCIPAL BALANCE 7,408,713.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 262,917,896.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,796
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 42
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,903,726.84
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,236,498.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 14,855.23
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.68735710 % 1.31264290 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 138,083.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.00953062
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 304.17
POOL TRADING FACTOR: 75.10036774
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 84,799.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 221,812.94
MASTER SERVICER ADVANCES THIS MONTH 23,677.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 76 6,652,484.03
(B) TWO MONTHLY PAYMENTS: 22 1,670,853.00
(C) THREE OR MORE MONTHLY PAYMENTS: 109 9,409,963.05
FORECLOSURES
NUMBER OF LOANS 92
AGGREGATE PRINCIPAL BALANCE 7,713,060.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 204,046,299.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,206
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 34
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,592,882.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,733,724.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 67,402.58
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.95215520 % 4.04784480 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 222,450.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.09626980
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.97
POOL TRADING FACTOR: 68.00895762
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1998-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 48,465.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 109,015.68
MASTER SERVICER ADVANCES THIS MONTH 20,459.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,886,032.33
(B) TWO MONTHLY PAYMENTS: 7 1,452,327.88
(C) THREE OR MORE MONTHLY PAYMENTS: 15 3,139,102.73
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 4,555,261.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 117,115,591.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 617
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 13
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,454,425.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,112,834.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.19069780 % 4.80930220 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.64782845
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.55
POOL TRADING FACTOR: 66.89955187
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-RS1(POOL # 4328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110WEY8 241,665,155.00 150,202,948.64 6.745000 % 2,710,967.76
R 4,931,942.62 9,247,391.16 0.000000 % 0.00
-------------------------------------------------------------------------------
246,597,097.62 159,450,339.80 2,710,967.76
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 844,265.74 3,555,233.50 0.00 0.00 147,491,980.88
R 71,939.34 71,939.34 61,716.34 0.00 9,309,107.50
-------------------------------------------------------------------------------
916,205.08 3,627,172.84 61,716.34 0.00 156,801,088.38
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 621.533330 11.217868 3.493535 14.711403 0.000000 610.315463
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-RS1 (POOL # 4328)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4328
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 46,975.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SPREAD 0.00
SUBSERVICER ADVANCES THIS MONTH 137,009.75
MASTER SERVICER ADVANCES THIS MONTH 7,239.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,343,654.88
(B) TWO MONTHLY PAYMENTS: 12 889,366.74
(C) THREE OR MORE MONTHLY PAYMENTS: 41 2,951,291.75
FORECLOSURES
NUMBER OF LOANS 54
AGGREGATE PRINCIPAL BALANCE 7,138,469.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 156,801,088.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,121
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 10
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 666,927.89
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,138,341.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.20045690 % 5.79954310 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.06311040 % 5.93688960 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,397,913.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,465,971.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.58241400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.79
POOL TRADING FACTOR: 63.58594237
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS1(POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4356
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WFH4 225,000,000.00 103,392,932.62 6.285000 % 10,576,947.62
A-I-2 76110WFJ0 98,000,000.00 98,000,000.00 6.000000 % 0.00
A-I-3 76110WFK7 94,000,000.00 94,000,000.00 6.110000 % 0.00
A-I-4 76110WFL5 38,000,000.00 38,000,000.00 6.280000 % 0.00
A-I-5 76110WFM3 58,000,000.00 58,000,000.00 6.390000 % 0.00
A-I-6 76110WFN1 36,000,000.00 36,000,000.00 6.695000 % 0.00
A-I-7 76110WFP6 36,000,000.00 36,000,000.00 6.900000 % 0.00
A-I-8 76110WFQ4 65,000,000.00 65,000,000.00 6.320000 % 0.00
A-II 76110WFR2 650,000,000.00 482,793,190.68 6.420000 % 12,030,703.37
SB-I 76110WFS0 1,156.10 5,850,010.40 0.000000 % 0.00
SB-II 76110WFT8 1,689.06 18,525,048.14 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
1,300,002,845.16 1,035,561,181.84 22,607,650.99
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 541,470.67 11,118,418.29 0.00 0.00 92,815,985.00
A-I-2 489,954.93 489,954.93 0.00 0.00 98,000,000.00
A-I-3 478,572.65 478,572.65 0.00 0.00 94,000,000.00
A-I-4 198,848.38 198,848.38 0.00 0.00 38,000,000.00
A-I-5 308,821.59 308,821.59 0.00 0.00 58,000,000.00
A-I-6 200,831.53 200,831.53 0.00 0.00 36,000,000.00
A-I-7 206,980.96 206,980.96 0.00 0.00 36,000,000.00
A-I-8 342,301.84 342,301.84 0.00 0.00 65,000,000.00
A-II 2,582,943.57 14,613,646.94 0.00 0.00 470,762,487.31
SB-I 1,198,816.15 1,198,816.15 0.00 0.00 5,850,010.40
SB-II 1,333,227.12 1,333,227.12 0.00 0.00 18,525,048.14
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
-------------------------------------------------------------------------------
7,882,769.39 30,490,420.38 0.00 0.00 1,012,953,530.85
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 459.524145 47.008656 2.406536 49.415192 0.000000 412.515489
A-I-2 1000.000000 0.000000 4.999540 4.999540 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.091198 5.091198 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.232852 5.232852 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.324510 5.324510 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.578654 5.578654 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.749471 5.749471 0.000000 1000.000000
A-I-8 1000.000000 0.000000 5.266182 5.266182 0.000000 1000.000000
A-II 742.758755 18.508774 3.973759 22.482533 0.000000 724.249981
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 404,572.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 80,868.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 436 38,430,552.98
(B) TWO MONTHLY PAYMENTS: 155 12,767,135.24
(C) THREE OR MORE MONTHLY PAYMENTS: 529 39,866,487.48
FORECLOSURES
NUMBER OF LOANS 373
AGGREGATE PRINCIPAL BALANCE 30,938,425.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,012,953,530.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 116
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 9,209,981.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 20,685,230.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 598,565.20
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.64619810 % 2.35380190 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.59366470 % 2.40633530 %
BANKRUPTCY AMOUNT AVAILABLE 535,659.00
FRAUD AMOUNT AVAILABLE 21,052,607.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,526,303.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.05446800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.21
POOL TRADING FACTOR: 77.91933184
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 200,626.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 510,358.72
MASTER SERVICER ADVANCES THIS MONTH 37,601.42
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 230 17,546,768.28
(B) TWO MONTHLY PAYMENTS: 93 6,721,579.57
(C) THREE OR MORE MONTHLY PAYMENTS: 278 18,278,277.97
FORECLOSURES
NUMBER OF LOANS 183
AGGREGATE PRINCIPAL BALANCE 13,915,705.28
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 523,665,995.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,725
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 55
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,260,479.54
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,097,406.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 522,985.70
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.90499060 % 1.09500940 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 535,659.00
FRAUD AMOUNT AVAILABLE 21,052,607.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,526,303.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.98510969
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.02
POOL TRADING FACTOR: 80.56385600
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 203,945.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 566,783.66
MASTER SERVICER ADVANCES THIS MONTH 43,266.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 206 20,883,784.70
(B) TWO MONTHLY PAYMENTS: 62 6,045,555.67
(C) THREE OR MORE MONTHLY PAYMENTS: 251 21,588,209.51
FORECLOSURES
NUMBER OF LOANS 190
AGGREGATE PRINCIPAL BALANCE 17,022,719.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 489,287,535.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,912
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 61
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,949,502.04
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 11,587,824.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 75,579.50
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.30473290 % 3.69526710 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 535,659.00
FRAUD AMOUNT AVAILABLE 21,052,607.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,526,303.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.12870045
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.39
POOL TRADING FACTOR: 75.27480985
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS1(POOL # 4367)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4367
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WFU5 60,645,000.00 39,861,877.51 6.210000 % 1,510,732.77
A-I-2 76110WFV3 16,956,000.00 16,956,000.00 6.570000 % 0.00
A-I-3 76110WFW1 29,639,167.00 29,639,167.00 6.846000 % 0.00
A-II 76110WFX9 70,510,073.00 46,761,987.74 6.485000 % 2,301,622.37
SB-I 2,188,575.75 4,086,955.51 0.000000 % 0.00
SB-II 1,438,981.44 2,870,672.52 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-III 0.00 0.00 0.000000 % 0.00
R-IV 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
181,377,797.19 140,176,660.28 3,812,355.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 206,285.22 1,717,017.99 0.00 0.00 38,351,144.74
A-I-2 92,834.10 92,834.10 0.00 0.00 16,956,000.00
A-I-3 169,091.45 169,091.45 0.00 0.00 29,639,167.00
A-II 251,345.77 2,552,968.14 0.00 0.00 44,460,365.37
SB-I 0.00 0.00 126,584.79 0.00 4,213,540.30
SB-II 0.00 0.00 87,356.18 0.00 2,958,028.70
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
R-IV 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
719,556.54 4,531,911.68 213,940.97 0.00 136,578,246.11
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 657.298665 24.911085 3.401521 28.312606 0.000000 632.387579
A-I-2 1000.000000 0.000000 5.475000 5.475000 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.705000 5.705000 0.000000 1000.000000
A-II 663.195849 32.642462 3.564679 36.207141 0.000000 630.553387
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS1 (POOL # 4367)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4367
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 38,326.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 105,458.97
MASTER SERVICER ADVANCES THIS MONTH 12,298.44
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 1,916,215.21
(B) TWO MONTHLY PAYMENTS: 11 1,754,184.98
(C) THREE OR MORE MONTHLY PAYMENTS: 53 4,693,517.39
FORECLOSURES
NUMBER OF LOANS 37
AGGREGATE PRINCIPAL BALANCE 3,665,026.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 136,578,246.11
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,208
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 15
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,453,888.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,276,741.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.03652890 % 4.96347110 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.74911330 % 5.25088670 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 5,441,334.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,161,442.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.48531500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 275.26
POOL TRADING FACTOR: 75.30042168
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS1 (POOL # 4367)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4367
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,347.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 66,533.54
MASTER SERVICER ADVANCES THIS MONTH 6,237.26
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,175,972.48
(B) TWO MONTHLY PAYMENTS: 6 1,115,933.07
(C) THREE OR MORE MONTHLY PAYMENTS: 36 2,765,217.42
FORECLOSURES
NUMBER OF LOANS 26
AGGREGATE PRINCIPAL BALANCE 2,423,137.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,159,852.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 855
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 9
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 717,464.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,239,787.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.48622160 % 4.51377840 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 3,282,862.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,000,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.35427928
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 280.74
POOL TRADING FACTOR: 81.47754402
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS1 (POOL # 4367)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4367
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,979.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 38,925.43
MASTER SERVICER ADVANCES THIS MONTH 6,061.18
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 740,242.73
(B) TWO MONTHLY PAYMENTS: 5 638,251.91
(C) THREE OR MORE MONTHLY PAYMENTS: 17 1,928,299.97
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,241,889.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,418,394.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 353
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 736,424.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,036,954.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 100.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,158,472.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,161,442.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.73169819
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 264.96
POOL TRADING FACTOR: 65.90551389
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2(POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4385
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WGH3 44,000,000.00 27,690,957.26 6.535000 % 1,360,500.38
A-I-2 76110WGJ9 25,000,000.00 25,000,000.00 7.110000 % 0.00
A-I-3 76110WGK6 16,250,000.00 16,250,000.00 7.525000 % 0.00
A-I-4 76110WGL4 27,715,000.00 27,715,000.00 7.795000 % 0.00
A-I-5 76110WGM2 12,551,000.00 12,551,000.00 7.555000 % 0.00
A-II 76110WGN0 41,786,000.00 34,818,897.81 6.495000 % 525,428.99
SB-I 76110WGR1 2,561,855.81 3,458,102.11 0.000000 % 0.00
SB-II 76110WGS9 962,705.86 1,745,448.46 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-III 0.00 0.00 0.000000 % 0.00
R-IV 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
170,826,561.67 149,229,405.64 1,885,929.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 150,800.34 1,511,300.72 0.00 0.00 26,330,456.88
A-I-2 148,125.00 148,125.00 0.00 0.00 25,000,000.00
A-I-3 101,901.04 101,901.04 0.00 0.00 16,250,000.00
A-I-4 180,032.02 180,032.02 0.00 0.00 27,715,000.00
A-I-5 79,019.00 79,019.00 0.00 0.00 12,551,000.00
A-II 188,457.28 713,886.27 0.00 0.00 34,293,468.82
SB-I 92,239.87 92,239.87 0.00 0.00 3,458,102.11
SB-II 0.00 0.00 67,387.31 0.00 1,812,835.77
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
R-IV 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
940,574.55 2,826,503.92 67,387.31 0.00 147,410,863.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 629.339938 30.920463 3.427280 34.347743 0.000000 598.419475
A-I-2 1000.000000 0.000000 5.925000 5.925000 0.000000 1000.000000
A-I-3 1000.000000 0.000000 6.270833 6.270833 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.495833 6.495833 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.295833 6.295833 0.000000 1000.000000
A-II 833.267071 12.574283 4.510058 17.084341 0.000000 820.692788
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2 (POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4385
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,300.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 412.15
SUBSERVICER ADVANCES THIS MONTH 184,612.05
MASTER SERVICER ADVANCES THIS MONTH 6,396.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,021,601.08
(B) TWO MONTHLY PAYMENTS: 28 2,236,294.04
(C) THREE OR MORE MONTHLY PAYMENTS: 115 8,889,603.78
FORECLOSURES
NUMBER OF LOANS 59
AGGREGATE PRINCIPAL BALANCE 5,324,375.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 147,410,863.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,003
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 10
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 725,025.71
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,585,494.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.51305280 % 3.48694720 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.42432200 % 3.57567800 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 5,124,797.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,672,466.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.65039300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 294.53
POOL TRADING FACTOR: 86.29270656
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2 (POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4385
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,792.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 412.15
SUBSERVICER ADVANCES THIS MONTH 96,035.10
MASTER SERVICER ADVANCES THIS MONTH 2,712.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 1,651,333.03
(B) TWO MONTHLY PAYMENTS: 18 1,191,674.96
(C) THREE OR MORE MONTHLY PAYMENTS: 71 4,305,370.99
FORECLOSURES
NUMBER OF LOANS 38
AGGREGATE PRINCIPAL BALANCE 2,962,344.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 111,304,558.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 764
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 321,526.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,157,963.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.93063480 % 3.06936520 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 3,842,336.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,452,697.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.52861644
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.44
POOL TRADING FACTOR: 86.90382759
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2 (POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4385
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,508.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 88,576.95
MASTER SERVICER ADVANCES THIS MONTH 3,684.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,370,268.05
(B) TWO MONTHLY PAYMENTS: 10 1,044,619.08
(C) THREE OR MORE MONTHLY PAYMENTS: 44 4,584,232.79
FORECLOSURES
NUMBER OF LOANS 21
AGGREGATE PRINCIPAL BALANCE 2,362,031.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 36,106,304.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 239
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 403,499.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 427,530.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.22636490 % 4.77363510 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,282,461.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,219,769.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.02579402
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.55
POOL TRADING FACTOR: 84.46174887
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS2(POOL # 4382)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4382
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WFY7 175,000,000.00 98,387,933.47 6.245000 % 6,780,921.12
A-I-2 76110WFZ4 70,000,000.00 60,706,105.24 6.625000 % 2,116,272.49
A-I-3 76110WGA8 79,000,000.00 79,000,000.00 6.600000 % 0.00
A-I-4 76110WGB6 74,000,000.00 74,000,000.00 6.795000 % 0.00
A-I-5 76110WGC4 60,000,000.00 60,000,000.00 6.985000 % 0.00
A-I-6 76110WGD2 44,000,000.00 44,000,000.00 7.210000 % 0.00
A-I-7 76110WGE0 44,000,000.00 44,000,000.00 7.390000 % 0.00
A-I-8 76110WGF7 39,000,000.00 39,000,000.00 7.500000 % 0.00
A-I-9 76110WGG5 65,000,000.00 65,000,000.00 7.150000 % 0.00
A-II-1 76110WGP5 500,000,000.00 423,261,070.53 6.370000 % 8,547,979.37
A-II-2 76110WGQ3 75,000,000.00 64,097,382.22 6.415000 % 1,812,007.97
SB-I 76110WGT7 6,671.62 5,850,060.05 0.000000 % 0.00
SB-II 76110WGU4 485.64 15,812,513.38 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
1,225,007,157.26 1,073,115,064.89 19,257,180.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 512,027.20 7,292,948.32 0.00 0.00 91,607,012.35
A-I-2 335,148.29 2,451,420.78 0.00 0.00 58,589,832.75
A-I-3 434,500.00 434,500.00 0.00 0.00 79,000,000.00
A-I-4 419,025.00 419,025.00 0.00 0.00 74,000,000.00
A-I-5 349,250.00 349,250.00 0.00 0.00 60,000,000.00
A-I-6 264,366.67 264,366.67 0.00 0.00 44,000,000.00
A-I-7 270,966.67 270,966.67 0.00 0.00 44,000,000.00
A-I-8 243,750.00 243,750.00 0.00 0.00 39,000,000.00
A-I-9 387,291.67 387,291.67 0.00 0.00 65,000,000.00
A-II-1 2,246,810.85 10,794,790.22 0.00 0.00 414,713,091.16
A-II-2 342,653.92 2,154,661.89 0.00 0.00 62,285,374.25
SB-I 990,251.11 990,251.11 0.00 0.00 5,850,060.05
SB-II 1,206,871.89 1,206,871.89 0.00 0.00 15,812,513.38
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
-------------------------------------------------------------------------------
8,002,913.27 27,260,094.22 0.00 0.00 1,053,857,883.94
===============================================================================
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Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4382
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 562.216763 38.748121 2.925870 41.673991 0.000000 523.468642
A-I-2 867.230075 30.232464 4.787833 35.020297 0.000000 836.997611
A-I-3 1000.000000 0.000000 5.500000 5.500000 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.662500 5.662500 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.820833 5.820833 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.008333 6.008333 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.158333 6.158333 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-I-9 1000.000000 0.000000 5.958333 5.958333 0.000000 1000.000000
A-II-1 846.522141 17.095959 4.493622 21.589581 0.000000 829.426182
A-II-2 854.631763 24.160106 4.568719 28.728825 0.000000 830.471657
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS2 (POOL # 4382)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4382
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 411,155.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 336.34
SUBSERVICER ADVANCES THIS MONTH 934,099.59
MASTER SERVICER ADVANCES THIS MONTH 51,347.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 391 34,127,503.42
(B) TWO MONTHLY PAYMENTS: 138 13,171,924.96
(C) THREE OR MORE MONTHLY PAYMENTS: 459 37,795,438.25
FORECLOSURES
NUMBER OF LOANS 247
AGGREGATE PRINCIPAL BALANCE 21,735,672.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,053,857,883.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 60
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,801,990.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 17,257,832.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 841,630.09
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.98133730 % 2.01866270 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.94445020 % 2.05554980 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 36,750,215.00
SPECIAL HAZARD AMOUNT AVAILABLE 12,250,072.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.98327300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.30
POOL TRADING FACTOR: 86.02871238
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS2 (POOL # 4382)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4382
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 205,701.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 336.34
SUBSERVICER ADVANCES THIS MONTH 483,463.33
MASTER SERVICER ADVANCES THIS MONTH 19,974.08
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 234 16,754,405.49
(B) TWO MONTHLY PAYMENTS: 71 6,746,131.15
(C) THREE OR MORE MONTHLY PAYMENTS: 267 19,367,481.82
FORECLOSURES
NUMBER OF LOANS 134
AGGREGATE PRINCIPAL BALANCE 11,217,778.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 561,046,905.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,834
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 29
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,181,492.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,830,134.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 379,496.22
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.97357300 % 1.02642700 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 251,779.00
FRAUD AMOUNT AVAILABLE 19,500,200.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,500,067.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.93342897
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.97
POOL TRADING FACTOR: 86.31402255
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS2 (POOL # 4382)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4382
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,409.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 79,736.83
MASTER SERVICER ADVANCES THIS MONTH 10,764.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 3,322,983.11
(B) TWO MONTHLY PAYMENTS: 10 1,118,298.47
(C) THREE OR MORE MONTHLY PAYMENTS: 25 3,143,035.10
FORECLOSURES
NUMBER OF LOANS 17
AGGREGATE PRINCIPAL BALANCE 1,940,934.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,230,830.66
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 433
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 1,214,027.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,778,565.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.05425080 % 2.94574920 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.95783515
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.53
POOL TRADING FACTOR: 85.64070209
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS2 (POOL # 4382)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4382
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 179,045.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 370,899.43
MASTER SERVICER ADVANCES THIS MONTH 20,609.74
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 137 14,050,114.82
(B) TWO MONTHLY PAYMENTS: 57 5,307,495.34
(C) THREE OR MORE MONTHLY PAYMENTS: 167 15,284,921.33
FORECLOSURES
NUMBER OF LOANS 96
AGGREGATE PRINCIPAL BALANCE 8,576,959.48
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 428,580,148.11
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,256
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 26
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,406,470.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,649,131.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 462,133.87
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.82769050 % 3.17230950 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 250,778.00
FRAUD AMOUNT AVAILABLE 17,250,015.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,750,005.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.05233648
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.30
POOL TRADING FACTOR: 85.71600724
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3(POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4396
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1A 76110WGV2 155,000,000.00 114,844,807.15 6.365000 % 6,783,450.18
A-I-1B 76110WGW0 75,000,000.00 55,570,067.96 6.960000 % 3,282,314.60
A-I-2 76110WGX8 110,000,000.00 110,000,000.00 7.075000 % 0.00
A-I-3 76110WGY6 110,000,000.00 110,000,000.00 7.180000 % 0.00
A-I-4 76110WGZ3 30,000,000.00 30,000,000.00 7.380000 % 0.00
A-I-5 76110WHA7 85,000,000.00 85,000,000.00 7.570000 % 0.00
A-I-6 76110WHB5 65,000,000.00 65,000,000.00 6.775000 % 0.00
A-I-7 76110WHC3 70,000,000.00 70,000,000.00 7.505000 % 0.00
A-II-1 76110WHD1 350,000,000.00 318,653,273.75 6.535000 % 4,165,691.04
A-II-2 76110WHE9 400,000,000.00 368,168,824.15 6.485000 % 5,470,019.91
SB-I 76110WHF6 2,496.74 10,621,418.54 0.000000 % 0.00
SB-II 76110WHG4 11,202.85 14,052,985.71 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
1,450,013,699.59 1,351,911,377.26 19,701,475.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1A 609,156.00 7,392,606.18 0.00 0.00 108,061,356.97
A-I-1B 322,306.39 3,604,620.99 0.00 0.00 52,287,753.36
A-I-2 648,541.67 648,541.67 0.00 0.00 110,000,000.00
A-I-3 658,166.67 658,166.67 0.00 0.00 110,000,000.00
A-I-4 184,500.00 184,500.00 0.00 0.00 30,000,000.00
A-I-5 536,208.33 536,208.33 0.00 0.00 85,000,000.00
A-I-6 366,979.17 366,979.17 0.00 0.00 65,000,000.00
A-I-7 437,791.67 437,791.67 0.00 0.00 70,000,000.00
A-II-1 1,735,332.62 5,901,023.66 0.00 0.00 314,487,582.71
A-II-2 1,989,645.69 7,459,665.60 0.00 0.00 362,698,804.24
SB-I 0.00 0.00 1,347,503.76 0.00 11,968,922.30
SB-II 0.00 0.00 1,707,456.58 0.00 15,760,442.29
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
-------------------------------------------------------------------------------
7,488,628.21 27,190,103.94 3,054,960.34 0.00 1,335,264,861.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1A 740.934240 43.764195 3.930039 47.694234 0.000000 697.170045
A-I-1B 740.934239 43.764195 4.297419 48.061614 0.000000 697.170045
A-I-2 1000.000000 0.000000 5.895833 5.895833 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.983333 5.983333 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.150000 6.150000 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.308333 6.308333 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.645833 5.645833 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.254167 6.254167 0.000000 1000.000000
A-II-1 910.437925 11.901974 4.958093 16.860067 0.000000 898.535951
A-II-2 920.422060 13.675050 4.974114 18.649164 0.000000 906.747011
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 532,386.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,093.83
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 28,294.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 539 46,328,240.27
(B) TWO MONTHLY PAYMENTS: 193 16,258,057.25
(C) THREE OR MORE MONTHLY PAYMENTS: 557 45,634,185.61
FORECLOSURES
NUMBER OF LOANS 183
AGGREGATE PRINCIPAL BALANCE 16,424,349.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,335,264,861.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 43
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,102,064.03
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 15,150,178.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 184,974.17
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.17485050 % 1.82514950 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.92330610 % 2.07669390 %
BANKRUPTCY AMOUNT AVAILABLE 615,569.00
FRAUD AMOUNT AVAILABLE 43,500,411.00
SPECIAL HAZARD AMOUNT AVAILABLE 14,500,137.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.12946800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.82
POOL TRADING FACTOR: 92.08636182
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 242,660.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,689.04
SUBSERVICER ADVANCES THIS MONTH 511,769.99
MASTER SERVICER ADVANCES THIS MONTH 17,774.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 312 22,722,763.46
(B) TWO MONTHLY PAYMENTS: 106 7,329,682.24
(C) THREE OR MORE MONTHLY PAYMENTS: 292 19,424,928.24
FORECLOSURES
NUMBER OF LOANS 98
AGGREGATE PRINCIPAL BALANCE 7,147,601.84
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 642,318,032.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,264
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 27
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,903,514.15
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,020,744.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 53,730.34
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.36853660 % 1.63146340 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 274,524.00
FRAUD AMOUNT AVAILABLE 21,000,075.00
SPECIAL HAZARD AMOUNT AVAILABLE 7,000,025.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.18943375
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.17
POOL TRADING FACTOR: 91.75939166
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 155,207.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,849.54
SUBSERVICER ADVANCES THIS MONTH 313,446.70
MASTER SERVICER ADVANCES THIS MONTH 3,429.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 138 13,540,246.37
(B) TWO MONTHLY PAYMENTS: 54 5,325,348.76
(C) THREE OR MORE MONTHLY PAYMENTS: 155 12,156,278.76
FORECLOSURES
NUMBER OF LOANS 54
AGGREGATE PRINCIPAL BALANCE 5,581,288.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 370,801,686.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,807
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 398,649.86
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,103,847.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 48,333.33
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.09924230 % 1.90075770 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.08048921
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.52
POOL TRADING FACTOR: 92.69861436
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 134,518.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,555.25
SUBSERVICER ADVANCES THIS MONTH 269,469.31
MASTER SERVICER ADVANCES THIS MONTH 7,090.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 89 10,065,230.44
(B) TWO MONTHLY PAYMENTS: 33 3,603,026.25
(C) THREE OR MORE MONTHLY PAYMENTS: 110 14,052,978.61
FORECLOSURES
NUMBER OF LOANS 31
AGGREGATE PRINCIPAL BALANCE 3,695,459.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 322,145,143.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,825
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 9
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 799,900.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,025,586.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 82,910.50
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 113.08345520 % 2.12530010 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 341,045.00
FRAUD AMOUNT AVAILABLE 22,500,336.00
SPECIAL HAZARD AMOUNT AVAILABLE 7,500,112.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.06627928
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.57
POOL TRADING FACTOR: 92.04057409
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS3(POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4399
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 07383GAPI 119,817,000.00 110,546,021.85 6.545000 % 1,560,471.15
A-II 07383GAQ9 258,025,000.00 240,985,003.15 6.595000 % 4,591,857.60
SB-I 22.71 103,435.13 0.000000 % 0.00
SB-II 314.09 1,430,556.31 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
377,842,336.80 353,065,016.44 6,152,328.75
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 602,936.43 2,163,407.58 0.00 0.00 108,985,550.70
A-II 1,324,413.41 5,916,271.01 0.00 0.00 236,393,145.55
SB-I 0.00 0.00 13,729.31 0.00 117,164.44
SB-II 0.00 0.00 189,882.82 0.00 1,620,439.13
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,927,349.84 8,079,678.59 203,612.13 0.00 347,116,299.82
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 922.623850 13.023788 5.032144 18.055932 0.000000 909.600063
A-II 933.959900 17.796173 5.132888 22.929061 0.000000 916.163727
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS3 (POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4399
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 94,800.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,557.81
SUBSERVICER ADVANCES THIS MONTH 94,481.26
MASTER SERVICER ADVANCES THIS MONTH 1,095.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,801,728.19
(B) TWO MONTHLY PAYMENTS: 19 2,797,237.73
(C) THREE OR MORE MONTHLY PAYMENTS: 39 3,672,197.43
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,730,400.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 347,116,299.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,670
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 138,930.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,581,833.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.56552150 % 0.43447850 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.49941750 % 0.50058250 %
BANKRUPTCY AMOUNT AVAILABLE 137,315.00
FRAUD AMOUNT AVAILABLE 11,335,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,300,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85023100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.82
POOL TRADING FACTOR: 91.86802696
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS3 (POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4399
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 32,760.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 476.76
SUBSERVICER ADVANCES THIS MONTH 71,313.97
MASTER SERVICER ADVANCES THIS MONTH 1,095.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,439,898.16
(B) TWO MONTHLY PAYMENTS: 16 1,211,383.06
(C) THREE OR MORE MONTHLY PAYMENTS: 38 3,190,859.79
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,344,880.28
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,533,624.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,060
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 138,930.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,362,745.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.56404270 % 0.43595730 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 43,543.76
FRAUD AMOUNT AVAILABLE 3,594,510.65
SPECIAL HAZARD AMOUNT AVAILABLE 1,363,566.62
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.67012002
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 293.39
POOL TRADING FACTOR: 91.41741452
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS3 (POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4399
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 62,040.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,081.05
SUBSERVICER ADVANCES THIS MONTH 23,167.29
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 361,830.03
(B) TWO MONTHLY PAYMENTS: 3 1,585,854.67
(C) THREE OR MORE MONTHLY PAYMENTS: 1 481,337.64
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 385,520.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 237,582,675.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 610
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,219,087.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 100.00000000 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 93,771.24
FRAUD AMOUNT AVAILABLE 7,740,759.35
SPECIAL HAZARD AMOUNT AVAILABLE 2,936,433.38
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47223410
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.24
POOL TRADING FACTOR: 92.07727402
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS4(POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4407
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WHH2 117,000,000.00 96,713,954.37 6.345000 % 1,894,187.50
A-I-2 76110WHJ8 53,000,000.00 53,000,000.00 6.835000 % 0.00
A-I-3 76110WHK5 56,000,000.00 56,000,000.00 6.940000 % 0.00
A-I-4 76110WHL3 59,000,000.00 59,000,000.00 7.220000 % 0.00
A-I-5 76110WHM1 30,000,000.00 30,000,000.00 6.755000 % 0.00
A-I-6 76110WHN9 35,000,000.00 35,000,000.00 7.170000 % 0.00
A-II 76110WHP4 500,000,000.00 474,185,668.35 6.475000 % 5,585,969.67
SB-I 76110WHQ2 2,204.14 4,358,635.51 0.000000 % 0.00
SB-II 76110WHR0 3,820.39 6,373,073.18 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
850,006,024.53 814,631,331.41 7,480,157.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 511,375.03 2,405,562.53 0.00 0.00 94,819,766.87
A-I-2 301,879.17 301,879.17 0.00 0.00 53,000,000.00
A-I-3 323,866.67 323,866.67 0.00 0.00 56,000,000.00
A-I-4 354,983.33 354,983.33 0.00 0.00 59,000,000.00
A-I-5 168,875.00 168,875.00 0.00 0.00 30,000,000.00
A-I-6 209,125.00 209,125.00 0.00 0.00 35,000,000.00
A-II 2,558,626.84 8,144,596.51 0.00 0.00 468,599,698.68
SB-I 839,244.32 839,244.32 16,392.04 0.00 4,375,027.55
SB-II 0.00 0.00 1,257,757.77 0.00 7,630,830.95
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
5,267,975.36 12,748,132.53 1,274,149.81 0.00 808,425,324.05
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 826.614995 16.189637 4.370727 20.560364 0.000000 810.425358
A-I-2 1000.000000 0.000000 5.695833 5.695833 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.783333 5.783333 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.016667 6.016667 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.629167 5.629167 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.975000 5.975000 0.000000 1000.000000
A-II 948.371337 11.171939 5.117254 16.289193 0.000000 937.199397
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS4 (POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4407
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 323,695.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 30,536.08
SUBSERVICER ADVANCES THIS MONTH 526,544.01
MASTER SERVICER ADVANCES THIS MONTH 1,489.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 288 23,519,531.96
(B) TWO MONTHLY PAYMENTS: 109 9,420,788.02
(C) THREE OR MORE MONTHLY PAYMENTS: 250 19,851,000.93
FORECLOSURES
NUMBER OF LOANS 67
AGGREGATE PRINCIPAL BALANCE 6,222,172.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 808,425,324.05
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 9,235
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 165,615.83
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,757,364.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.68263000 % 1.31737000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.51490820 % 1.48509180 %
BANKRUPTCY AMOUNT AVAILABLE 381,785.00
FRAUD AMOUNT AVAILABLE 25,500,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 8,500,060.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.32514900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.55
POOL TRADING FACTOR: 95.10818756
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS4 (POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4407
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 124,977.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,390.38
SUBSERVICER ADVANCES THIS MONTH 214,783.35
MASTER SERVICER ADVANCES THIS MONTH 1,145.21
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 128 8,383,232.91
(B) TWO MONTHLY PAYMENTS: 53 4,309,293.11
(C) THREE OR MORE MONTHLY PAYMENTS: 112 8,462,131.64
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 2,114,697.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 332,194,794.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,120
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 128,974.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,649,556.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.69530290 % 1.30469710 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 146,335.00
FRAUD AMOUNT AVAILABLE 10,500,066.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,500,022.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.44796091
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.07
POOL TRADING FACTOR: 94.91220069
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS4 (POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4407
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 198,717.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,145.70
SUBSERVICER ADVANCES THIS MONTH 311,760.66
MASTER SERVICER ADVANCES THIS MONTH 343.93
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 160 15,136,299.05
(B) TWO MONTHLY PAYMENTS: 56 5,111,494.91
(C) THREE OR MORE MONTHLY PAYMENTS: 138 11,388,869.29
FORECLOSURES
NUMBER OF LOANS 43
AGGREGATE PRINCIPAL BALANCE 4,107,474.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 476,230,529.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,115
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 36,641.54
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,107,807.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.67382020 % 1.32617990 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 235,450.00
FRAUD AMOUNT AVAILABLE 15,000,115.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,000,038.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.23948111
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.95
POOL TRADING FACTOR: 95.24537818
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS4(POOL # 4411)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4411
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 07383GBB1 136,984,000.00 121,517,933.13 7.430000 % 4,358,964.04
A-II 07383GBC9 12,675,000.00 12,109,168.48 6.545000 % 216,810.82
SB-I 6,962,910.91 8,691,699.00 0.000000 % 0.00
SB-II 645,059.13 722,605.99 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
157,266,970.04 143,041,406.60 4,575,774.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 745,399.82 5,104,363.86 0.00 0.00 117,158,969.09
A-II 66,045.42 282,856.24 0.00 0.00 11,892,357.66
SB-I 0.00 0.00 414,920.11 0.00 9,106,619.11
SB-II 0.00 0.00 20,637.74 0.00 743,243.73
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
-------------------------------------------------------------------------------
811,445.24 5,387,220.10 435,557.85 0.00 138,901,189.59
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 887.095815 31.820972 5.441510 37.262482 0.000000 855.274843
A-II 955.358460 17.105390 5.210684 22.316074 0.000000 938.253070
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS4 (POOL # 4411)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4411
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 57,309.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 142,474.15
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 57 6,080,146.18
(B) TWO MONTHLY PAYMENTS: 24 2,656,846.82
(C) THREE OR MORE MONTHLY PAYMENTS: 66 6,073,234.04
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 527,559.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 138,901,189.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,314
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,904,996.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.41847570 % 6.58152430 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.90872680 % 7.09127320 %
BANKRUPTCY AMOUNT AVAILABLE 137,315.00
FRAUD AMOUNT AVAILABLE 11,335,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,300,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.26343700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 236.79
POOL TRADING FACTOR: 88.32190863
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS4 (POOL # 4411)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4411
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 53,341.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 140,922.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 56 5,966,069.82
(B) TWO MONTHLY PAYMENTS: 24 2,656,846.82
(C) THREE OR MORE MONTHLY PAYMENTS: 66 6,073,234.04
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 413,879.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 126,265,588.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,233
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,716,732.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.32484180 % 6.67515830 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 125,684.82
FRAUD AMOUNT AVAILABLE 10,375,205.30
SPECIAL HAZARD AMOUNT AVAILABLE 3,935,802.39
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.51582691
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 225.30
POOL TRADING FACTOR: 87.71677517
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS4 (POOL # 4411)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4411
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,967.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 1,551.52
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 114,076.36
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 113,680.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 12,635,601.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 81
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 188,264.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.36861990 % 5.63138010 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 11,630.18
FRAUD AMOUNT AVAILABLE 960,064.70
SPECIAL HAZARD AMOUNT AVAILABLE 364,197.61
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.74134759
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.60
POOL TRADING FACTOR: 94.86145119
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS5(POOL # 4413)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4413
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I 76110WHS8 63,793,000.00 58,787,521.90 7.510000 % 1,212,038.88
A-II-1 76110WHT6 50,000,000.00 44,511,399.66 6.465000 % 1,548,883.10
A-II-2 76110WHU3 77,296,000.00 71,174,975.00 6.495000 % 1,697,388.02
A-II-3 76110WHV1 25,000,000.00 25,000,000.00 7.005000 % 0.00
SB-I 76110WHW9 1,973,950.59 2,300,922.63 0.000000 % 0.00
SB-II 76110WHX7 3,108,143.12 3,945,343.56 0.000000 % 0.00
R-I 76110WHY5 0.00 0.00 0.000000 % 0.00
R-II 76110WHZ2 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
221,171,093.71 205,720,162.75 4,458,310.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 367,911.91 1,579,950.79 0.00 0.00 57,575,483.02
A-II-1 239,805.17 1,788,688.27 0.00 0.00 42,962,516.56
A-II-2 385,234.55 2,082,622.57 0.00 0.00 69,477,586.98
A-II-3 145,937.50 145,937.50 0.00 0.00 25,000,000.00
SB-I 0.00 0.00 79,749.02 0.00 2,380,671.65
SB-II 0.00 0.00 237,144.83 0.00 4,182,488.39
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,138,889.13 5,597,199.13 316,893.85 0.00 201,578,746.60
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 921.535621 18.999559 5.767277 24.766836 0.000000 902.536062
A-II-1 890.227993 30.977662 4.796103 35.773765 0.000000 859.250331
A-II-2 920.810585 21.959584 4.983887 26.943471 0.000000 898.851001
A-II-3 1000.000000 0.000000 5.837500 5.837500 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS5 (POOL # 4413)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4413
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 72,983.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 128,348.04
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 54 4,738,193.22
(B) TWO MONTHLY PAYMENTS: 29 2,499,991.75
(C) THREE OR MORE MONTHLY PAYMENTS: 59 5,778,718.47
FORECLOSURES
NUMBER OF LOANS 26
AGGREGATE PRINCIPAL BALANCE 1,926,798.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 201,578,746.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,172
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,979,647.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.96370730 % 3.03629270 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.74412100 % 3.25587900 %
BANKRUPTCY AMOUNT AVAILABLE 207,642.00
FRAUD AMOUNT AVAILABLE 6,635,133.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,587,901.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.21623500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.89
POOL TRADING FACTOR: 91.14154260
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS5 (POOL # 4413)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4413
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,317.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 42,224.78
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,078,873.44
(B) TWO MONTHLY PAYMENTS: 11 576,777.26
(C) THREE OR MORE MONTHLY PAYMENTS: 26 1,850,990.66
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 80,535.19
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 59,956,154.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 479
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,084,188.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.23345680 % 3.76654320 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 61,743.97
FRAUD AMOUNT AVAILABLE 1,973,008.57
SPECIAL HAZARD AMOUNT AVAILABLE 1,364,248.16
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.38392256
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.80
POOL TRADING FACTOR: 91.16456538
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS5 (POOL # 4413)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4413
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,267.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 33,128.29
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 1,123,022.32
(B) TWO MONTHLY PAYMENTS: 5 595,649.97
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,207,269.83
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,040,298.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,060,577.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 565
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,395,551.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 56,878.11
FRAUD AMOUNT AVAILABLE 1,817,521.57
SPECIAL HAZARD AMOUNT AVAILABLE 1,256,735.77
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.21329797
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.30
POOL TRADING FACTOR: 89.23235903
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS5 (POOL # 4413)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4413
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 33,399.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 52,994.97
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,536,297.46
(B) TWO MONTHLY PAYMENTS: 13 1,327,564.52
(C) THREE OR MORE MONTHLY PAYMENTS: 22 2,720,457.98
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 805,964.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,562,014.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,128
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,499,907.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 89,019.92
FRAUD AMOUNT AVAILABLE 2,844,602.86
SPECIAL HAZARD AMOUNT AVAILABLE 1,966,917.06
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10322687
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.27
POOL TRADING FACTOR: 92.34542178
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS1(POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4426
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WJA5 220,000,000.00 210,211,091.50 7.615000 % 6,517,774.38
A-I-2 76110WJB3 100,000,000.00 100,000,000.00 7.700000 % 0.00
A-I-3 79110WJC1 105,000,000.00 105,000,000.00 7.735000 % 0.00
A-I-4 76110WJD9 105,000,000.00 105,000,000.00 8.040000 % 0.00
A-I-5 76110WJE7 55,000,000.00 55,000,000.00 8.195000 % 0.00
A-I-6 76110WJF4 65,000,000.00 65,000,000.00 7.905000 % 0.00
A-II 76110WJG2 750,000,000.00 737,594,056.19 6.405000 % 6,996,227.76
SB-I 76110WJH0 312.33 2,168,106.39 0.000000 % 0.00
SB-II 76110WJJ6 3,262.36 4,590,889.71 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
1,400,003,574.69 1,384,564,143.79 13,514,002.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 1,333,964.55 7,851,738.93 0.00 0.00 203,693,317.12
A-I-2 641,666.67 641,666.67 0.00 0.00 100,000,000.00
A-I-3 676,812.50 676,812.50 0.00 0.00 105,000,000.00
A-I-4 703,500.00 703,500.00 0.00 0.00 105,000,000.00
A-I-5 375,604.17 375,604.17 0.00 0.00 55,000,000.00
A-I-6 428,187.50 428,187.50 0.00 0.00 65,000,000.00
A-II 3,936,908.27 10,933,136.03 0.00 0.00 730,597,828.43
SB-I 0.00 0.00 1,082,938.25 0.00 3,251,044.64
SB-II 0.00 0.00 2,014,710.42 0.00 6,605,600.13
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
8,096,643.66 21,610,645.80 3,097,648.67 0.00 1,374,147,790.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 955.504961 29.626247 6.063475 35.689722 0.000000 925.878714
A-I-2 1000.000000 0.000000 6.416667 6.416667 0.000000 1000.000000
A-I-3 1000.000000 0.000000 6.445833 6.445833 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.700000 6.700000 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.829167 6.829167 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.587500 6.587500 0.000000 1000.000000
A-II 983.458742 9.328304 5.249211 14.577515 0.000000 974.130438
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 545,414.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 49,799.92
SUBSERVICER ADVANCES THIS MONTH 601,301.83
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 415 35,670,206.86
(B) TWO MONTHLY PAYMENTS: 180 15,198,257.84
(C) THREE OR MORE MONTHLY PAYMENTS: 150 14,238,726.24
FORECLOSURES
NUMBER OF LOANS 25
AGGREGATE PRINCIPAL BALANCE 1,802,680.31
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,374,147,790.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,648,139.24
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.51183220 % 0.48816780 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.28270850 % 0.71729150 %
BANKRUPTCY AMOUNT AVAILABLE 614,393.00
FRAUD AMOUNT AVAILABLE 42,000,107.00
SPECIAL HAZARD AMOUNT AVAILABLE 14,000,036.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.38207200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.40
POOL TRADING FACTOR: 98.15316297
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 237,626.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 20,901.86
SUBSERVICER ADVANCES THIS MONTH 280,241.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 213 15,656,583.98
(B) TWO MONTHLY PAYMENTS: 92 7,172,619.42
(C) THREE OR MORE MONTHLY PAYMENTS: 75 6,528,402.15
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 782,049.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 636,944,361.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,025
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,995,348.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.66248810 % 0.33751190 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 257,380.00
FRAUD AMOUNT AVAILABLE 19,500,009.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,500,003.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.44441766
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.84
POOL TRADING FACTOR: 97.99139319
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 307,787.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 28,898.06
SUBSERVICER ADVANCES THIS MONTH 321,060.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 202 20,013,622.88
(B) TWO MONTHLY PAYMENTS: 88 8,025,638.42
(C) THREE OR MORE MONTHLY PAYMENTS: 75 7,710,324.09
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,020,630.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 737,203,428.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,161
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,652,790.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.38143590 % 0.61856410 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 357,013.00
FRAUD AMOUNT AVAILABLE 22,500,098.00
SPECIAL HAZARD AMOUNT AVAILABLE 7,500,033.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.32820454
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.26
POOL TRADING FACTOR: 98.29336292
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS2(POOL # 4434)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4434
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WJK3 100,000,000.00 98,237,658.75 6.245000 % 2,428,688.84
A-I-2 76110WJL1 50,000,000.00 50,000,000.00 7.575000 % 0.00
A-I-3 76110WJM9 45,000,000.00 45,000,000.00 7.650000 % 0.00
A-I-4 76110WJN7 50,000,000.00 50,000,000.00 7.895000 % 0.00
A-I-5 76110WJP2 25,000,000.00 25,000,000.00 8.185000 % 0.00
A-I-6 76110WJQ0 30,000,000.00 30,000,000.00 7.830000 % 0.00
A-II 76110WJR8 575,000,000.00 570,093,347.13 6.395000 % 4,526,871.42
SB-I 530.82 727,332.63 0.000000 % 0.00
SB-II 3,705.06 1,939,599.89 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-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
875,004,235.88 870,997,938.40 6,955,560.26
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 511,245.15 2,939,933.99 0.00 0.00 95,808,969.91
A-I-2 315,625.00 315,625.00 0.00 0.00 50,000,000.00
A-I-3 286,875.00 286,875.00 0.00 0.00 45,000,000.00
A-I-4 328,958.33 328,958.33 0.00 0.00 50,000,000.00
A-I-5 170,520.83 170,520.83 0.00 0.00 25,000,000.00
A-I-6 195,750.00 195,750.00 0.00 0.00 30,000,000.00
A-II 3,038,122.46 7,564,993.88 0.00 0.00 565,566,475.71
SB-I 0.00 0.00 656,146.66 0.00 1,383,479.29
SB-II 0.00 0.00 1,534,172.92 0.00 3,473,772.81
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
-------------------------------------------------------------------------------
4,847,096.77 11,802,657.03 2,190,319.58 0.00 866,232,697.72
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 982.376588 24.286888 5.112452 29.399340 0.000000 958.089699
A-I-2 1000.000000 0.000000 6.312500 6.312500 0.000000 1000.000000
A-I-3 1000.000000 0.000000 6.375000 6.375000 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.579167 6.579167 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.820833 6.820833 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.525000 6.525000 0.000000 1000.000000
A-II 991.466691 7.872820 5.283691 13.156511 0.000000 983.593871
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS2 (POOL # 4434)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4434
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 351,622.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 37,329.29
SUBSERVICER ADVANCES THIS MONTH 265,228.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 228 20,352,278.40
(B) TWO MONTHLY PAYMENTS: 60 5,739,067.51
(C) THREE OR MORE MONTHLY PAYMENTS: 25 3,167,489.98
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 510,825.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 866,232,697.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 9,067
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,296,454.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 11,973.60
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.69380730 % 0.30619280 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.43926710 % 0.56073290 %
BANKRUPTCY AMOUNT AVAILABLE 370,490.00
FRAUD AMOUNT AVAILABLE 26,250,122.00
SPECIAL HAZARD AMOUNT AVAILABLE 8,750,042.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.39053500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.99
POOL TRADING FACTOR: 98.99754335
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS2 (POOL # 4434)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4434
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 114,717.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,522.71
SUBSERVICER ADVANCES THIS MONTH 83,969.99
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 105 7,884,191.05
(B) TWO MONTHLY PAYMENTS: 19 1,194,423.78
(C) THREE OR MORE MONTHLY PAYMENTS: 2 65,089.25
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 297,192,449.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,850
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,556,753.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 11,973.60
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.75671650 % 0.24328360 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 113,703.00
FRAUD AMOUNT AVAILABLE 9,000,011.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,000,005.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.56486999
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.45
POOL TRADING FACTOR: 99.06397445
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS2 (POOL # 4434)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4434
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 236,905.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 24,806.58
SUBSERVICER ADVANCES THIS MONTH 181,258.64
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 123 12,468,087.35
(B) TWO MONTHLY PAYMENTS: 41 4,544,643.73
(C) THREE OR MORE MONTHLY PAYMENTS: 23 3,102,400.73
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 510,825.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 569,040,248.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,217
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,739,701.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.66092860 % 0.33907140 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 256,787.00
FRAUD AMOUNT AVAILABLE 17,250,111.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,750,037.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.29948567
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.10
POOL TRADING FACTOR: 98.96288381
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