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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 6,634,135.43 7.275000 % 133,721.87
R 0.00 2,151,301.47 0.000000 % 0.00
-------------------------------------------------------------------------------
94,350,062.00 8,785,436.90 133,721.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 41,553.21 175,275.08 0.00 0.00 6,500,413.56
R 0.00 0.00 37,453.21 0.00 2,188,754.68
-------------------------------------------------------------------------------
41,553.21 175,275.08 37,453.21 0.00 8,689,168.24
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 70.314055 1.417295 0.440415 1.857710 0.000000 68.896760
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 3,439.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 429.28
SUBSERVICER ADVANCES THIS MONTH 17,239.79
MASTER SERVICER ADVANCES THIS MONTH 1,149.48
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 685,886.57
(B) TWO MONTHLY PAYMENTS: 2 87,261.54
(C) THREE OR MORE MONTHLY PAYMENTS: 3 302,667.33
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 672,610.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 8,689,168.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 92
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 131,847.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 89,854.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 75.51286870 % 24.48713130 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 74.81053860 % 25.18946140 %
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 11.58063109
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 292.52
POOL TRADING FACTOR: 9.20949924
................................................................................
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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 8,003,673.01 8.000000 % 117,051.83
A5-I 76110WAH9 11,122,743.00 11,122,743.00 8.000000 % 0.00
A-II 76110WAJ5 41,561,444.00 7,939,167.64 8.000000 % 442,012.64
R 76110WAK2 100.00 0.00 8.000000 % 0.00
B1-I 1,946,488.25 117,190.77 8.120000 % 352.22
B2-I 760,800.00 0.00 8.120000 % 0.00
B3-I 988,100.00 0.00 8.120000 % 0.00
B1-II 1,125,622.41 670,677.42 8.120000 % 982.88
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 1.965113 % 0.00
-------------------------------------------------------------------------------
156,997,402.05 27,853,451.84 560,399.57
===============================================================================
_______________________________________________________________________________
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 53,180.35 170,232.18 0.00 0.00 7,886,621.18
A5-I 73,905.00 73,905.00 0.00 0.00 11,122,743.00
A-II 52,896.90 494,909.54 0.00 0.00 7,497,155.00
R 0.00 0.00 0.00 0.00 0.00
B1-I 790.35 1,142.57 0.00 0.00 116,838.55
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 4,535.60 5,518.48 0.00 0.00 669,694.54
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 45,500.72 45,500.72 0.00 0.00 0.00
-------------------------------------------------------------------------------
230,808.92 791,208.49 0.00 0.00 27,293,052.27
===============================================================================
_______________________________________________________________________________
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 485.600838 7.101798 3.226571 10.328369 0.000000 478.499040
A5-I 1000.000000 0.000000 6.644494 6.644494 0.000000 1000.000000
A-II 191.022421 10.635161 1.272740 11.907901 0.000000 180.387260
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B1-I 60.206256 0.180952 0.406039 0.586991 0.000000 60.025303
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 595.828063 0.873188 4.029415 4.902603 0.000000 594.954877
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 21-August-00
DISTRIBUTION DATE 25-August-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 8,148.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,319.92
SUBSERVICER ADVANCES THIS MONTH 20,734.59
MASTER SERVICER ADVANCES THIS MONTH 2,692.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 465,327.08
(B) TWO MONTHLY PAYMENTS: 1 273,383.94
(C) THREE OR MORE MONTHLY PAYMENTS: 1 72,143.89
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 1,183,003.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 27,293,052.27
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 290,404.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 489,944.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.17138040 % 2.82861960 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.11819300 % 2.88180700 %
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 10.05762800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.51
POOL TRADING FACTOR: 17.38439739
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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 6,053.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,319.92
SUBSERVICER ADVANCES THIS MONTH 13,649.17
MASTER SERVICER ADVANCES THIS MONTH 2,692.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 259,911.36
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 72,143.89
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 930,710.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 19,126,202.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 94
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 290,404.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 59,566.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.39101450 % 0.60898550 %
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 10.48787436
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 216.53
POOL TRADING FACTOR: 16.82101231
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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 2,094.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 7,085.42
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 205,415.72
(B) TWO MONTHLY PAYMENTS: 1 273,383.94
(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 8,166,849.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 33
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 430,377.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.21034270 % 7.78965730 %
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 9.05002180
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.92
POOL TRADING FACTOR: 18.86405959
................................................................................
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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 10,660,077.88 7.125000 % 315,760.65
R 4,664,765.74 6,219,687.28 0.000000 % 0.00
-------------------------------------------------------------------------------
103,661,454.74 16,879,765.16 315,760.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 65,390.44 381,151.09 0.00 0.00 10,344,317.23
R 60,065.92 60,065.92 0.00 0.00 6,219,687.28
-------------------------------------------------------------------------------
125,456.36 441,217.01 0.00 0.00 16,564,004.51
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 107.681156 3.189608 0.660532 3.850140 0.000000 104.491547
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 6,041.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,336.72
SUBSERVICER ADVANCES THIS MONTH 9,396.71
MASTER SERVICER ADVANCES THIS MONTH 893.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 206,378.80
(B) TWO MONTHLY PAYMENTS: 1 43,770.72
(C) THREE OR MORE MONTHLY PAYMENTS: 5 295,177.26
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 492,785.70
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 16,564,004.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 197
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 93,595.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 224,072.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 63.15299870 % 36.84700130 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 62.45058210 % 37.54941790 %
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 10.41474705
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.11
POOL TRADING FACTOR: 15.97894275
................................................................................
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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 28,000,000.00 310,726.17 7.040000 % 310,726.17
A-3 76110WAQ9 12,000,000.00 12,000,000.00 7.410000 % 412,847.53
A-4 76110WAR7 14,086,733.00 14,086,733.00 7.980000 % 0.00
A-5 76110WAU0 352,608.35 136,595.43 0.000000 % 477.76
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 3,037,753.35 7.980000 % 3,750.81
B-2 904,165.00 462,158.22 7.980000 % 0.00
B-3 904,163.45 0.00 7.980000 % 0.00
SPRED 0.00 0.00 1.373973 % 0.00
-------------------------------------------------------------------------------
100,462,675.80 30,033,966.17 727,802.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 1,810.80 312,536.97 0.00 0.00 0.00
A-3 73,606.96 486,454.49 0.00 0.00 11,587,152.47
A-4 93,053.47 93,053.47 0.00 0.00 14,086,733.00
A-5 0.00 477.76 0.00 0.00 136,117.67
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 20,066.65 23,817.46 0.00 0.00 3,034,002.54
B-2 2,120.45 2,120.45 0.00 0.00 461,587.58
B-3 0.00 0.00 0.00 0.00 0.00
SPRED 34,159.40 34,159.40 0.00 0.00 0.00
-------------------------------------------------------------------------------
224,817.73 952,620.00 0.00 0.00 29,305,593.26
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 11.097363 11.097363 0.064671 11.162034 0.000000 0.000000
A-3 1000.000000 34.403961 6.133913 40.537874 0.000000 965.596039
A-4 1000.000000 0.000000 6.605752 6.605752 0.000000 1000.000000
A-5 387.385693 1.354931 0.000000 1.354931 0.000000 386.030762
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-1 944.925868 1.166730 6.241947 7.408677 0.000000 943.759138
B-2 511.143674 0.000000 2.345202 2.345202 0.000000 510.512550
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 21-August-00
DISTRIBUTION DATE 25-August-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 11,381.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 26,290.06
MASTER SERVICER ADVANCES THIS MONTH 5,772.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 718,861.62
(B) TWO MONTHLY PAYMENTS: 2 143,438.59
(C) THREE OR MORE MONTHLY PAYMENTS: 9 768,732.82
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,317,673.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,305,593.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 328
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 655,614.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 691,016.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 88.29358070 % 11.70641930 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 88.01627370 % 11.98372630 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 301,635.00
SPECIAL HAZARD AMOUNT AVAILABLE 807,514.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.72560292
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.05
POOL TRADING FACTOR: 29.17062782
................................................................................
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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 13,901,881.82 6.975000 % 580,909.36
R 0.00 1,604,917.91 0.000000 % 0.00
-------------------------------------------------------------------------------
143,731,008.00 15,506,799.73 580,909.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 82,363.30 663,272.66 0.00 0.00 13,320,972.46
R 0.00 0.00 58,687.59 0.00 1,663,605.50
-------------------------------------------------------------------------------
82,363.30 663,272.66 58,687.59 0.00 14,984,577.96
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 96.721522 4.041643 0.573038 4.614681 0.000000 92.679879
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 6,230.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 18,254.39
MASTER SERVICER ADVANCES THIS MONTH 1,607.99
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 763,647.10
(B) TWO MONTHLY PAYMENTS: 4 317,573.87
(C) THREE OR MORE MONTHLY PAYMENTS: 3 225,591.29
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 504,175.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 14,984,577.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 145
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 195,020.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 513,876.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 89.65023130 % 10.34976870 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 88.89788220 % 11.10211780 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 158,990.00
SPECIAL HAZARD AMOUNT AVAILABLE 611,808.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.89645386
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 305.53
POOL TRADING FACTOR: 10.42543162
................................................................................
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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 5,312,344.62 7.625000 % 461,077.75
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 22,013,497.65 6.920000 % 849,175.89
R 1,035.81 6,999,328.56 0.000000 % 0.00
-------------------------------------------------------------------------------
317,942,035.81 53,071,170.83 1,310,253.64
===============================================================================
_______________________________________________________________________________
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 33,741.94 494,819.69 0.00 0.00 4,851,266.87
A-I-4 76,829.50 76,829.50 0.00 0.00 11,675,000.00
A-I-5 47,415.55 47,415.55 0.00 0.00 7,071,000.00
A-II 131,161.84 980,337.73 0.00 0.00 21,164,321.76
R 101,128.26 101,128.26 0.00 0.00 6,999,328.56
-------------------------------------------------------------------------------
390,277.09 1,700,530.73 0.00 0.00 51,760,917.19
===============================================================================
_______________________________________________________________________________
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-3 713.162118 61.897939 4.529727 66.427666 0.000000 651.264179
A-I-4 1000.000000 0.000000 6.580685 6.580685 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.705636 6.705636 0.000000 1000.000000
A-II 98.706826 3.807639 0.588120 4.395759 0.000000 94.899187
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 21,444.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 75,711.05
MASTER SERVICER ADVANCES THIS MONTH 6,045.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,733,783.60
(B) TWO MONTHLY PAYMENTS: 5 659,226.34
(C) THREE OR MORE MONTHLY PAYMENTS: 16 1,409,396.43
FORECLOSURES
NUMBER OF LOANS 36
AGGREGATE PRINCIPAL BALANCE 4,014,162.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 51,760,917.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 548
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 660,972.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 972,061.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 86.81142990 % 13.18857010 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 86.47758010 % 13.52241990 %
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 11.05920600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 297.60
POOL TRADING FACTOR: 16.27998546
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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 10,407.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 27,840.80
MASTER SERVICER ADVANCES THIS MONTH 1,540.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 726,625.53
(B) TWO MONTHLY PAYMENTS: 2 376,619.48
(C) THREE OR MORE MONTHLY PAYMENTS: 10 736,099.51
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,182,418.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 25,021,100.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 287
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 175,148.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 371,610.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.58756600 %
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 10.33634213
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 286.17
POOL TRADING FACTOR: 26.35957799
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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 11,036.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 47,870.25
MASTER SERVICER ADVANCES THIS MONTH 4,505.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 1,007,158.07
(B) TWO MONTHLY PAYMENTS: 3 282,606.86
(C) THREE OR MORE MONTHLY PAYMENTS: 6 673,296.92
FORECLOSURES
NUMBER OF LOANS 23
AGGREGATE PRINCIPAL BALANCE 2,831,743.31
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 26,739,816.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 261
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 485,824.38
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 600,451.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 20.20912870 %
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 11.73560686
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 308.30
POOL TRADING FACTOR: 11.98988459
................................................................................
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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 20,673,064.77 6.895000 % 1,051,859.74
R 0.40 2,111,600.10 0.000000 % 0.00
-------------------------------------------------------------------------------
200,011,758.40 22,784,664.87 1,051,859.74
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 122,743.45 1,174,603.19 0.00 0.00 19,621,205.03
R 37,521.38 37,521.38 0.00 0.00 2,111,600.10
-------------------------------------------------------------------------------
160,264.83 1,212,124.57 0.00 0.00 21,732,805.13
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 103.359247 5.258990 0.613681 5.872671 0.000000 98.100258
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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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
ADDITIONAL RELATED INFORMATION FOR POOL 4232
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 8,958.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 41,808.19
MASTER SERVICER ADVANCES THIS MONTH 8,011.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 887,020.92
(B) TWO MONTHLY PAYMENTS: 3 318,180.57
(C) THREE OR MORE MONTHLY PAYMENTS: 10 940,463.97
FORECLOSURES
NUMBER OF LOANS 20
AGGREGATE PRINCIPAL BALANCE 2,046,440.79
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 21,732,805.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 197
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 817,988.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 984,131.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 90.73236270 % 9.26763730 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 90.28381250 % 9.71618750 %
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 11.61301332
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.95
POOL TRADING FACTOR: 10.86576375
................................................................................
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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 12,398,637.17 7.390000 % 941,057.32
A-I-4 76110WBG0 21,743,601.00 21,743,601.00 7.650000 % 0.00
A-II 76100WBH8 151,859,043.00 23,079,815.02 6.860000 % 1,081,152.32
R 1.60 2,840,624.56 0.000000 % 0.00
-------------------------------------------------------------------------------
273,602,645.60 60,062,677.75 2,022,209.64
===============================================================================
_______________________________________________________________________________
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 75,874.15 1,016,931.47 0.00 0.00 11,457,579.85
A-I-4 137,742.64 137,742.64 0.00 0.00 21,743,601.00
A-II 134,846.52 1,215,998.84 0.00 0.00 21,998,662.70
R 0.00 0.00 132,651.52 0.00 2,973,276.08
-------------------------------------------------------------------------------
348,463.31 2,370,672.95 132,651.52 0.00 58,173,119.63
===============================================================================
_______________________________________________________________________________
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-3 774.914823 58.816083 4.742134 63.558217 0.000000 716.098741
A-I-4 1000.000000 0.000000 6.334859 6.334859 0.000000 1000.000000
A-II 151.981828 7.119446 0.887972 8.007418 0.000000 144.862382
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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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 23,915.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 105,348.44
MASTER SERVICER ADVANCES THIS MONTH 15,329.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,678,582.98
(B) TWO MONTHLY PAYMENTS: 8 882,154.83
(C) THREE OR MORE MONTHLY PAYMENTS: 32 3,101,272.81
FORECLOSURES
NUMBER OF LOANS 40
AGGREGATE PRINCIPAL BALANCE 4,204,717.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 58,173,119.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 657
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 1,587,406.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,664,844.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.27056620 % 4.72943380 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.88891760 % 5.11108240 %
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 11.06130700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 270.97
POOL TRADING FACTOR: 21.26189953
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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 14,352.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 45,354.71
MASTER SERVICER ADVANCES THIS MONTH 3,776.31
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,833,418.00
(B) TWO MONTHLY PAYMENTS: 3 334,784.79
(C) THREE OR MORE MONTHLY PAYMENTS: 18 1,388,167.98
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,360,760.35
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 34,418,616.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 437
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 411,247.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 901,547.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 3.44300690 %
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 10.35168114
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 239.67
POOL TRADING FACTOR: 28.27139689
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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 9,562.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 59,993.73
MASTER SERVICER ADVANCES THIS MONTH 11,553.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 845,164.98
(B) TWO MONTHLY PAYMENTS: 5 547,370.04
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,713,104.83
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 2,843,957.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 23,754,502.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 220
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,176,158.38
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 763,296.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 6.57081450 %
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 12.08950623
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.33
POOL TRADING FACTOR: 15.64246829
................................................................................
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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 40,174,873.43 6.865000 % 1,073,223.63
A-II 76110WBL9 115,163,718.00 13,542,654.71 6.860000 % 231,528.78
SB-I 797KS2SBI 0.22 3,445,621.98 0.000000 % 174,084.82
SB-II 97KS2SBII 0.37 1,186,138.32 0.000000 % 81,478.84
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 58,349,288.44 1,560,316.07
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 237,494.88 1,310,718.51 0.00 0.00 39,101,649.80
A-II 79,999.47 311,528.25 0.00 0.00 13,311,125.93
SB-I 77,696.60 251,781.42 0.00 0.00 3,271,537.16
SB-II 51,796.88 133,275.72 0.00 0.00 1,104,659.48
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
-------------------------------------------------------------------------------
446,987.83 2,007,303.90 0.00 0.00 56,788,972.37
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 160.632109 4.291094 0.949581 5.240675 0.000000 156.341014
A-II 117.594803 2.010432 0.694659 2.705091 0.000000 115.584371
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 23,500.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 152,399.10
MASTER SERVICER ADVANCES THIS MONTH 10,174.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,820,881.85
(B) TWO MONTHLY PAYMENTS: 10 817,106.50
(C) THREE OR MORE MONTHLY PAYMENTS: 30 3,922,196.29
FORECLOSURES
NUMBER OF LOANS 57
AGGREGATE PRINCIPAL BALANCE 7,326,056.56
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 56,788,972.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 527
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 1,011,608.07
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,262,850.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.06201070 % 7.93798940 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.29393230 % 7.70606770 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 595,920.00
SPECIAL HAZARD AMOUNT AVAILABLE 942,838.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.46181500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.21
POOL TRADING FACTOR: 15.54718182
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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 17,455.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 117,731.60
MASTER SERVICER ADVANCES THIS MONTH 9,741.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,858,439.08
(B) TWO MONTHLY PAYMENTS: 7 650,946.64
(C) THREE OR MORE MONTHLY PAYMENTS: 23 3,207,147.37
FORECLOSURES
NUMBER OF LOANS 43
AGGREGATE PRINCIPAL BALANCE 5,734,468.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 42,373,186.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 392
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 11
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 966,938.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 955,782.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 7.89908950 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 595,920.00
SPECIAL HAZARD AMOUNT AVAILABLE 942,838.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.47035766
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.48
POOL TRADING FACTOR: 16.94216753
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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 6,044.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 34,667.50
MASTER SERVICER ADVANCES THIS MONTH 433.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 962,442.77
(B) TWO MONTHLY PAYMENTS: 3 166,159.86
(C) THREE OR MORE MONTHLY PAYMENTS: 7 715,048.92
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,591,587.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 14,415,785.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 135
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 44,669.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 307,067.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 8.05319430 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 595,920.00
SPECIAL HAZARD AMOUNT AVAILABLE 942,838.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.43670630
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.40
POOL TRADING FACTOR: 12.51764498
................................................................................
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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 0.00 6.680000 % 0.00
A-I-4 76110WBS4 16,300,000.00 11,762,104.45 6.900000 % 1,975,304.32
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 7,922,499.99 6.850000 % 2,099,930.91
A-II-2 76110WBW5 60,012,000.00 4,831,226.24 6.830000 % 678,583.62
M-II-1 76110WBZ8 15,751,000.00 15,751,000.00 7.040000 % 0.00
M-II-2 76110WCA2 9,226,000.00 9,226,000.00 7.200000 % 0.00
B-II 76110WCC8 5,901,000.00 5,901,000.00 7.670000 % 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
-------------------------------------------------------------------------------
450,045,157.80 119,336,375.68 4,753,818.85
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-I-4 67,632.10 2,042,936.42 0.00 0.00 9,786,800.13
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 46,731.75 2,146,662.66 0.00 0.00 5,822,569.08
A-II-2 28,414.32 706,997.94 0.00 0.00 4,152,642.62
M-II-1 95,486.06 95,486.06 0.00 0.00 15,751,000.00
M-II-2 57,201.20 57,201.20 0.00 0.00 9,226,000.00
B-II 38,974.47 38,974.47 0.00 0.00 5,901,000.00
SB-I 28,950.92 28,950.92 0.00 0.00 2,500,525.00
SB-II 148,304.68 148,304.68 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
-------------------------------------------------------------------------------
847,841.18 5,601,660.03 0.00 0.00 114,582,556.83
===============================================================================
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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 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 721.601500 121.184314 4.149209 125.333523 0.000000 600.417186
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 49.792283 13.197899 0.293705 13.491604 0.000000 36.594384
A-II-2 80.504336 11.307466 0.473477 11.780943 0.000000 69.196871
M-II-1 1000.000000 0.000000 6.062222 6.062222 0.000000 1000.000000
M-II-2 1000.000000 0.000000 6.200000 6.200000 0.000000 1000.000000
B-II 1000.000000 0.000000 6.604723 6.604723 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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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 47,318.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 160,362.01
MASTER SERVICER ADVANCES THIS MONTH 26,083.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 2,782,230.83
(B) TWO MONTHLY PAYMENTS: 15 1,081,784.15
(C) THREE OR MORE MONTHLY PAYMENTS: 47 3,179,832.05
FORECLOSURES
NUMBER OF LOANS 108
AGGREGATE PRINCIPAL BALANCE 8,895,473.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 114,582,556.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,379
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 36
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,666,047.23
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,341,975.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 478,641.79
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 54.42919670 % 0.00000000 % 45.57080330 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 52.53854820 % 0.00000000 % 47.46145180 %
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 11.25317500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 290.57
POOL TRADING FACTOR: 25.46023546
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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 28,514.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 67,694.77
MASTER SERVICER ADVANCES THIS MONTH 8,888.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 1,401,378.59
(B) TWO MONTHLY PAYMENTS: 9 508,786.84
(C) THREE OR MORE MONTHLY PAYMENTS: 32 1,551,332.17
FORECLOSURES
NUMBER OF LOANS 54
AGGREGATE PRINCIPAL BALANCE 3,636,739.86
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 68,729,325.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 913
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 17
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 945,554.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,278,323.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 478,641.79
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.82841100 % 0.00000000 % 26.17158900 %
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 10.27307588
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 269.79
POOL TRADING FACTOR: 34.35727634
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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 13,254.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 65,962.36
MASTER SERVICER ADVANCES THIS MONTH 6,473.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 914,281.74
(B) TWO MONTHLY PAYMENTS: 3 263,559.80
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,304,658.45
FORECLOSURES
NUMBER OF LOANS 38
AGGREGATE PRINCIPAL BALANCE 3,818,042.75
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 31,736,247.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 333
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 661,576.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,407,224.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 23.40278700 % 0.00000000 % 76.59721300 %
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 12.69602081
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.79
POOL TRADING FACTOR: 17.48240425
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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 5,549.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 26,704.88
MASTER SERVICER ADVANCES THIS MONTH 10,721.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 466,570.50
(B) TWO MONTHLY PAYMENTS: 3 309,437.51
(C) THREE OR MORE MONTHLY PAYMENTS: 3 323,841.43
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,440,690.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 14,116,983.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 133
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 1,058,916.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 656,427.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 32.68993600 % 0.00000000 % 67.31006400 %
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 12.78119880
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.55
POOL TRADING FACTOR: 20.61787128
................................................................................
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Page: 1 of 2
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 11,773,463.21 6.560000 % 1,801,456.94
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 47,206,712.21 6.840000 % 1,343,804.01
A-II-2 76110WCN4 200,020,000.00 45,973,977.58 6.815000 % 1,090,296.59
SB-I 76110WCQ7 768.84 1,753,102.63 0.000000 % 17,431.31
SB-II 76110WCP9 504.57 6,269,780.57 0.000000 % 2,268,975.52
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
-------------------------------------------------------------------------------
600,136,273.41 186,234,036.20 6,521,964.37
===============================================================================
_______________________________________________________________________________
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 64,361.60 1,865,818.54 0.00 0.00 9,972,006.27
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-1 278,047.53 1,621,851.54 0.00 0.00 45,862,908.20
A-II-2 269,797.01 1,360,093.60 0.00 0.00 44,883,680.99
SB-I 187,085.22 204,516.53 0.00 0.00 1,735,671.32
SB-II 171,745.91 2,440,721.43 0.00 0.00 4,000,805.05
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,385,648.82 7,907,613.19 0.00 0.00 179,712,071.83
===============================================================================
_______________________________________________________________________________
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-3 367.920725 56.295529 2.011300 58.306829 0.000000 311.625196
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-1 235.962772 6.717005 1.389821 8.106826 0.000000 229.245767
A-II-2 229.846903 5.450938 1.348850 6.799788 0.000000 224.395965
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 74,328.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 236,742.01
MASTER SERVICER ADVANCES THIS MONTH 40,056.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 60 5,239,527.04
(B) TWO MONTHLY PAYMENTS: 27 2,119,340.36
(C) THREE OR MORE MONTHLY PAYMENTS: 47 4,470,408.74
FORECLOSURES
NUMBER OF LOANS 132
AGGREGATE PRINCIPAL BALANCE 12,934,314.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 179,712,071.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,066
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 53
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,240,582.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,900,984.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.69204250 % 4.30795750 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.80796270 % 3.19203730 %
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 11.20963700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 303.83
POOL TRADING FACTOR: 29.94521075
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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 35,052.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 62,151.33
MASTER SERVICER ADVANCES THIS MONTH 16,388.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 1,981,915.76
(B) TWO MONTHLY PAYMENTS: 11 740,341.62
(C) THREE OR MORE MONTHLY PAYMENTS: 19 1,628,569.59
FORECLOSURES
NUMBER OF LOANS 37
AGGREGATE PRINCIPAL BALANCE 2,666,040.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 84,964,677.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,071
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 1,777,297.55
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,622,989.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.97991400 % 2.02008600 %
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 10.13395031
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 281.61
POOL TRADING FACTOR: 42.47049614
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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 19,852.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 80,016.90
MASTER SERVICER ADVANCES THIS MONTH 6,933.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,690,306.17
(B) TWO MONTHLY PAYMENTS: 8 803,246.50
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,309,551.89
FORECLOSURES
NUMBER OF LOANS 38
AGGREGATE PRINCIPAL BALANCE 4,371,890.39
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,366,364.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 452
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 11
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 713,832.99
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,895,771.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.30968520 % 4.69031480 %
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 12.10111185
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.00
POOL TRADING FACTOR: 23.68076895
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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 19,423.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 94,573.78
MASTER SERVICER ADVANCES THIS MONTH 16,735.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,567,305.11
(B) TWO MONTHLY PAYMENTS: 8 575,752.24
(C) THREE OR MORE MONTHLY PAYMENTS: 16 1,532,287.26
FORECLOSURES
NUMBER OF LOANS 57
AGGREGATE PRINCIPAL BALANCE 5,896,383.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,381,029.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 543
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 16
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,749,452.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,382,223.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.09410140 % 7.90589860 %
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 12.24738075
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.52
POOL TRADING FACTOR: 23.68339533
................................................................................
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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 15,886,257.43 6.285000 % 3,564,955.83
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 36,869,710.80 6.840000 % 1,431,575.23
A-II-2 76110WDB9 325,000,000.00 98,676,055.07 6.815000 % 4,239,247.01
SB-I 76110WDC7 33.88 3,424,032.30 0.000000 % 0.00
SB-II 76110WDD5 73,292.19 7,493,547.28 0.000000 % 341,581.62
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
-------------------------------------------------------------------------------
855,521,326.07 337,797,602.88 9,577,359.69
===============================================================================
_______________________________________________________________________________
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 83,204.27 3,648,160.10 0.00 0.00 12,321,301.60
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-1 217,162.60 1,648,737.83 0.00 0.00 35,438,135.57
A-II-2 579,077.69 4,818,324.70 0.00 0.00 94,436,808.06
SB-I 264,230.17 264,230.17 0.00 0.00 3,424,032.30
SB-II 239,512.61 581,094.23 0.00 0.00 7,151,965.66
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
-------------------------------------------------------------------------------
2,347,183.57 11,924,543.26 0.00 0.00 328,220,243.19
===============================================================================
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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-3 158.862574 35.649558 0.832043 36.481601 0.000000 123.213016
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-1 245.798072 9.543835 1.447751 10.991586 0.000000 236.254237
A-II-2 303.618631 13.043837 1.781778 14.825615 0.000000 290.574794
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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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 134,802.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,778.06
SUBSERVICER ADVANCES THIS MONTH 386,307.76
MASTER SERVICER ADVANCES THIS MONTH 88,081.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 116 11,172,221.59
(B) TWO MONTHLY PAYMENTS: 36 3,165,196.75
(C) THREE OR MORE MONTHLY PAYMENTS: 87 6,314,109.72
FORECLOSURES
NUMBER OF LOANS 213
AGGREGATE PRINCIPAL BALANCE 20,226,007.70
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 328,220,243.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,736
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 9,459,114.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,045,968.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.76801150 % 3.23198850 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.77777400 % 3.22222600 %
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 10.81810900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 304.00
POOL TRADING FACTOR: 38.36493997
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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 78,891.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,778.06
SUBSERVICER ADVANCES THIS MONTH 125,781.96
MASTER SERVICER ADVANCES THIS MONTH 32,469.18
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 56 4,007,746.81
(B) TWO MONTHLY PAYMENTS: 16 1,565,936.07
(C) THREE OR MORE MONTHLY PAYMENTS: 45 2,230,476.99
FORECLOSURES
NUMBER OF LOANS 78
AGGREGATE PRINCIPAL BALANCE 6,891,703.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 191,193,333.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,360
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 41
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,712,604.11
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,123,251.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.24190680 % 1.75809320 %
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 9.84695707
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.12
POOL TRADING FACTOR: 50.25478301
Run: 08/25/00 08:17:39 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 14,842.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 74,124.98
MASTER SERVICER ADVANCES THIS MONTH 31,870.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,384,726.60
(B) TWO MONTHLY PAYMENTS: 7 581,588.52
(C) THREE OR MORE MONTHLY PAYMENTS: 17 1,183,905.70
FORECLOSURES
NUMBER OF LOANS 44
AGGREGATE PRINCIPAL BALANCE 3,350,725.09
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 38,056,919.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 443
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 3,295,338.68
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,193,871.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 50.53730530 % 49.46269470 %
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 12.12536853
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.58
POOL TRADING FACTOR: 25.35948226
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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 41,067.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 186,400.82
MASTER SERVICER ADVANCES THIS MONTH 23,741.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 4,779,748.18
(B) TWO MONTHLY PAYMENTS: 13 1,017,672.16
(C) THREE OR MORE MONTHLY PAYMENTS: 25 2,899,727.03
FORECLOSURES
NUMBER OF LOANS 91
AGGREGATE PRINCIPAL BALANCE 9,983,579.02
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 98,969,989.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 933
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 23
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,451,171.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,728,844.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 24.59585510 % 75.40414490 %
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 12.19153151
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.54
POOL TRADING FACTOR: 30.45197557
................................................................................
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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 41,783,415.25 6.240000 % 5,265,337.86
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 370,000,000.00 134,535,915.38 6.785000 % 8,369,249.62
A-II-2 76110WDM5 75,000,000.00 24,964,320.77 6.770000 % 2,136,765.53
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 8.966362 % 0.00
B-I-2 76110WDS2 5,425,000.00 5,425,000.00 9.436362 % 0.00
B-I-3 76110WDT0 5,426,154.06 2,759,865.77 9.436362 % 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 % 2,167,875.40
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
-------------------------------------------------------------------------------
846,983,489.79 410,302,563.88 17,939,228.41
===============================================================================
_______________________________________________________________________________
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-3 217,273.76 5,482,611.62 0.00 0.00 36,518,077.39
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-1 761,955.64 9,131,205.26 0.00 0.00 126,166,665.76
A-II-2 141,074.99 2,277,840.52 0.00 0.00 22,827,555.24
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 76,557.78 76,557.78 0.00 0.00 10,246,000.00
B-I-2 42,660.22 42,660.22 0.00 0.00 5,425,000.00
B-I-3 21,702.58 21,702.58 0.00 0.00 2,269,749.49
SB-I 519,626.35 519,626.35 0.00 0.00 0.00
SB-II 0.00 2,167,875.40 0.00 0.00 6,736,171.31
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
-------------------------------------------------------------------------------
2,780,080.44 20,719,308.85 0.00 0.00 391,873,219.19
===============================================================================
Run: 08/25/00 08:17:39
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-3 580.325212 73.129693 3.017691 76.147384 0.000000 507.195519
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-1 363.610582 22.619594 2.059340 24.678934 0.000000 340.990989
A-II-2 332.857610 28.490207 1.881000 30.371207 0.000000 304.367403
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 7.471968 7.471968 0.000000 1000.000000
B-I-2 1000.000000 0.000000 7.863635 7.863635 0.000000 1000.000000
B-I-3 508.622818 0.000000 3.999625 3.999625 0.000000 418.298018
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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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 162,866.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 524,616.28
MASTER SERVICER ADVANCES THIS MONTH 76,525.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 141 12,487,653.82
(B) TWO MONTHLY PAYMENTS: 53 4,187,625.09
(C) THREE OR MORE MONTHLY PAYMENTS: 231 18,168,962.12
FORECLOSURES
NUMBER OF LOANS 242
AGGREGATE PRINCIPAL BALANCE 20,226,413.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 391,873,219.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,721
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 8,196,135.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 15,289,695.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.30039380 % 10.03747100 % 6.66213540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.19330910 % 10.50952144 % 6.29716950 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 4,008,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,008,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.78142800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 302.34
POOL TRADING FACTOR: 46.26692538
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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 97,535.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 238,387.98
MASTER SERVICER ADVANCES THIS MONTH 40,812.81
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 85 6,562,180.37
(B) TWO MONTHLY PAYMENTS: 26 2,114,698.07
(C) THREE OR MORE MONTHLY PAYMENTS: 123 8,186,738.78
FORECLOSURES
NUMBER OF LOANS 138
AGGREGATE PRINCIPAL BALANCE 9,379,763.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 236,142,826.88
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,181
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 70
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,361,555.44
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,219,337.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.35539920 % 0.00000000 % 24.64460080 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 4,008,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,008,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.01060843
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.48
POOL TRADING FACTOR: 58.77399288
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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 10,322.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 59,598.92
MASTER SERVICER ADVANCES THIS MONTH 7,000.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,257,283.86
(B) TWO MONTHLY PAYMENTS: 1 61,026.48
(C) THREE OR MORE MONTHLY PAYMENTS: 24 2,261,074.90
FORECLOSURES
NUMBER OF LOANS 21
AGGREGATE PRINCIPAL BALANCE 2,344,070.06
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 24,210,663.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 240
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 780,136.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,144,455.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.09304280 % 0.00000000 % 6.90695720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 4,008,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,008,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.02201199
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.81
POOL TRADING FACTOR: 32.24651560
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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 55,008.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 226,629.38
MASTER SERVICER ADVANCES THIS MONTH 28,712.79
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 4,668,189.59
(B) TWO MONTHLY PAYMENTS: 26 2,011,900.54
(C) THREE OR MORE MONTHLY PAYMENTS: 84 7,721,148.44
FORECLOSURES
NUMBER OF LOANS 83
AGGREGATE PRINCIPAL BALANCE 8,502,579.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 131,519,728.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,300
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 38
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,054,444.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,925,902.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.01945590 % 0.00000000 % 4.98054410 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 4,008,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,008,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.93705768
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.96
POOL TRADING FACTOR: 35.53411769
................................................................................
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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 8,530,309.36 6.750000 % 6,207,618.98
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 7.120000 % 0.00
A-I-7 76110WEF9 45,000,000.00 45,000,000.00 5.980000 % 0.00
A-II 76110WEG7 425,000,000.00 226,033,081.41 6.820000 % 17,425,950.56
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
-------------------------------------------------------------------------------
875,250,839.29 532,389,269.28 23,633,569.54
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 49,582.42 6,257,201.40 0.00 0.00 2,322,690.38
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-6 301,166.31 301,166.31 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 1,327,442.06 18,753,392.62 0.00 0.00 208,607,130.85
SB-I 451,030.17 451,030.17 0.00 0.00 6,076,634.64
SB-II 657,352.67 657,352.67 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
-------------------------------------------------------------------------------
3,938,369.47 27,571,939.01 0.00 0.00 508,755,699.74
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 50.475203 36.731473 0.293387 37.024860 0.000000 13.743730
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 6.131111 6.131111 0.000000 1000.000000
A-I-7 1000.000000 0.000000 4.983333 4.983333 0.000000 1000.000000
A-II 531.842544 41.002237 3.123393 44.125630 0.000000 490.840308
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 212,329.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 654,114.17
MASTER SERVICER ADVANCES THIS MONTH 98,699.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 232 19,612,150.75
(B) TWO MONTHLY PAYMENTS: 78 5,996,005.45
(C) THREE OR MORE MONTHLY PAYMENTS: 273 20,055,841.52
FORECLOSURES
NUMBER OF LOANS 279
AGGREGATE PRINCIPAL BALANCE 23,740,917.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 508,755,699.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,018
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 148
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 10,636,155.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 21,843,545.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.86228110 % 3.13771890 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.71652260 % 3.28347740 %
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 10.79216100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.11
POOL TRADING FACTOR: 58.12684512
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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 93,165.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 308,372.69
MASTER SERVICER ADVANCES THIS MONTH 42,193.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 89 9,272,715.86
(B) TWO MONTHLY PAYMENTS: 31 2,695,226.81
(C) THREE OR MORE MONTHLY PAYMENTS: 78 8,440,554.06
FORECLOSURES
NUMBER OF LOANS 117
AGGREGATE PRINCIPAL BALANCE 10,934,368.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 219,235,374.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,032
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 51
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,668,314.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 16,993,124.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.50909140 % 4.49090860 %
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 11.91499834
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.84
POOL TRADING FACTOR: 51.56904972
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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 119,164.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 345,741.48
MASTER SERVICER ADVANCES THIS MONTH 56,506.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 143 10,339,434.89
(B) TWO MONTHLY PAYMENTS: 47 3,300,778.64
(C) THREE OR MORE MONTHLY PAYMENTS: 195 11,615,287.46
FORECLOSURES
NUMBER OF LOANS 162
AGGREGATE PRINCIPAL BALANCE 12,806,549.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 289,520,325.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,986
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 97
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,967,840.81
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,850,420.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.94519430 % 2.05480570 %
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 9.94190763
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.12
POOL TRADING FACTOR: 64.32054288
................................................................................
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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-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 350,000,000.00 249,686,208.95 6.602000 % 4,163,066.96
A-II-1 76110WFA9 300,000,000.00 184,491,872.01 7.170000 % 5,736,845.24
A-II-2 76110WFB7 175,000,000.00 102,926,019.36 7.240000 % 3,311,913.50
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
-------------------------------------------------------------------------------
825,179,106.44 554,857,699.63 13,211,825.70
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 1,373,690.29 5,536,757.25 0.00 0.00 245,523,141.99
A-II-1 1,139,083.57 6,875,928.81 0.00 0.00 178,755,026.77
A-II-2 641,686.55 3,953,600.05 0.00 0.00 99,614,105.86
SB-I 349,754.20 349,754.20 0.00 0.00 3,500,886.94
SB-II 481,167.62 481,167.62 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
-------------------------------------------------------------------------------
3,985,382.23 17,197,207.93 0.00 0.00 541,645,873.93
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 713.389168 11.894477 3.924829 15.819306 0.000000 701.494691
A-II-1 614.972907 19.122817 3.796945 22.919762 0.000000 595.850089
A-II-2 588.148682 18.925220 3.666780 22.592000 0.000000 569.223462
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 224,162.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,098.35
SUBSERVICER ADVANCES THIS MONTH 618,269.13
MASTER SERVICER ADVANCES THIS MONTH 80,966.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 231 18,710,991.86
(B) TWO MONTHLY PAYMENTS: 84 7,479,818.54
(C) THREE OR MORE MONTHLY PAYMENTS: 285 23,572,574.90
FORECLOSURES
NUMBER OF LOANS 242
AGGREGATE PRINCIPAL BALANCE 19,554,427.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 541,645,873.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,204
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 111
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 9,239,960.69
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 11,806,968.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.80033290 % 3.19966710 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.72228660 % 3.27771340 %
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 10.20630800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.14
POOL TRADING FACTOR: 65.63979501
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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-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 103,086.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,098.35
SUBSERVICER ADVANCES THIS MONTH 266,362.65
MASTER SERVICER ADVANCES THIS MONTH 30,888.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 136 8,431,385.34
(B) TWO MONTHLY PAYMENTS: 43 2,803,979.99
(C) THREE OR MORE MONTHLY PAYMENTS: 159 10,084,263.42
FORECLOSURES
NUMBER OF LOANS 127
AGGREGATE PRINCIPAL BALANCE 7,732,821.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 249,024,028.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,607
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 54
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,482,866.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,427,633.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.61727280 % 1.38272720 %
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 9.99245465
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 301.06
POOL TRADING FACTOR: 71.13169696
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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-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 77,376.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 236,792.33
MASTER SERVICER ADVANCES THIS MONTH 33,659.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 76 6,935,101.36
(B) TWO MONTHLY PAYMENTS: 32 2,997,445.84
(C) THREE OR MORE MONTHLY PAYMENTS: 108 9,510,153.73
FORECLOSURES
NUMBER OF LOANS 93
AGGREGATE PRINCIPAL BALANCE 7,641,990.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 187,195,415.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,043
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 3,751,176.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,221,280.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.62520630 % 4.37479370 %
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 10.51628026
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.97
POOL TRADING FACTOR: 62.39253101
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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-KS4 (POOL # 4348)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4348
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,699.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 115,114.15
MASTER SERVICER ADVANCES THIS MONTH 16,418.05
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 3,344,505.16
(B) TWO MONTHLY PAYMENTS: 9 1,678,392.71
(C) THREE OR MORE MONTHLY PAYMENTS: 18 3,978,157.75
FORECLOSURES
NUMBER OF LOANS 22
AGGREGATE PRINCIPAL BALANCE 4,179,615.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 105,426,429.88
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 554
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 11
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,005,917.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,158,054.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.65476130 % 5.34523870 %
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 10.16105694
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.17
POOL TRADING FACTOR: 60.22239060
................................................................................
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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 241,665,155.00 141,197,873.41 7.220000 % 3,441,980.07
R 4,931,942.62 9,390,463.82 0.000000 % 143,072.66
-------------------------------------------------------------------------------
246,597,097.62 150,588,337.23 3,585,052.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 877,858.56 4,319,838.63 0.00 0.00 137,755,893.34
R 619,333.07 762,405.73 0.00 0.00 9,247,391.16
-------------------------------------------------------------------------------
1,497,191.63 5,082,244.36 0.00 0.00 147,003,284.50
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 584.270717 14.242765 3.632541 17.875306 0.000000 570.027952
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 45,070.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SPREAD 0.00
SUBSERVICER ADVANCES THIS MONTH 123,704.18
MASTER SERVICER ADVANCES THIS MONTH 4,796.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,460,120.31
(B) TWO MONTHLY PAYMENTS: 12 969,868.50
(C) THREE OR MORE MONTHLY PAYMENTS: 32 3,146,130.72
FORECLOSURES
NUMBER OF LOANS 54
AGGREGATE PRINCIPAL BALANCE 6,024,686.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 147,003,284.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,060
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 552,753.49
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,332,659.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.76414930 % 6.23585070 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 93.70939830 % 6.29060170 %
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 8.67290700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 284.82
POOL TRADING FACTOR: 59.61273913
................................................................................
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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 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 74,130,609.97 6.760000 % 7,786,745.39
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 650,000,000.00 445,461,554.35 6.895000 % 9,152,178.61
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
-------------------------------------------------------------------------------
1,300,002,845.16 968,967,222.86 16,938,924.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 431,481.33 8,218,226.72 0.00 0.00 66,343,864.58
A-I-2 489,953.22 489,953.22 0.00 0.00 98,000,000.00
A-I-3 478,570.98 478,570.98 0.00 0.00 94,000,000.00
A-I-4 198,847.69 198,847.69 0.00 0.00 38,000,000.00
A-I-5 308,820.52 308,820.52 0.00 0.00 58,000,000.00
A-I-6 200,830.83 200,830.83 0.00 0.00 36,000,000.00
A-I-7 206,980.24 206,980.24 0.00 0.00 36,000,000.00
A-I-8 342,300.65 342,300.65 0.00 0.00 65,000,000.00
A-II 2,644,866.11 11,797,044.72 0.00 0.00 436,309,375.74
SB-I 963,332.43 963,332.43 0.00 0.00 5,850,010.40
SB-II 677,408.29 677,408.29 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
-------------------------------------------------------------------------------
6,943,392.29 23,882,316.29 0.00 0.00 952,028,298.86
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 329.469378 34.607757 1.917695 36.525452 0.000000 294.861620
A-I-2 1000.000000 0.000000 4.999523 4.999523 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.091181 5.091181 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.232834 5.232834 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.324492 5.324492 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.578634 5.578634 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.749451 5.749451 0.000000 1000.000000
A-I-8 1000.000000 0.000000 5.266164 5.266164 0.000000 1000.000000
A-II 685.325468 14.080275 4.069025 18.149300 0.000000 671.245193
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 378,194.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,747.58
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 107,066.60
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 397 33,197,339.62
(B) TWO MONTHLY PAYMENTS: 157 13,938,885.74
(C) THREE OR MORE MONTHLY PAYMENTS: 547 40,754,674.95
FORECLOSURES
NUMBER OF LOANS 411
AGGREGATE PRINCIPAL BALANCE 33,621,560.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 952,028,298.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 160
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 12,034,809.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 14,645,402.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 46,598.65
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.48442900 % 2.51557100 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.43967080 % 2.56032920 %
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 10.08305400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.65
POOL TRADING FACTOR: 73.23278579
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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 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 189,545.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,747.58
SUBSERVICER ADVANCES THIS MONTH 523,776.85
MASTER SERVICER ADVANCES THIS MONTH 50,946.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 233 17,181,606.38
(B) TWO MONTHLY PAYMENTS: 82 6,812,890.61
(C) THREE OR MORE MONTHLY PAYMENTS: 280 17,646,460.14
FORECLOSURES
NUMBER OF LOANS 216
AGGREGATE PRINCIPAL BALANCE 16,157,494.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 497,193,874.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,410
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 79
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,627,976.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,729,741.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 46,598.65
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.84153760 % 1.15846240 %
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 9.96863255
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 309.24
POOL TRADING FACTOR: 76.49122933
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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 1999-KS1 (POOL # 4356)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4356
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 188,649.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 555,629.05
MASTER SERVICER ADVANCES THIS MONTH 56,120.23
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 164 16,015,733.24
(B) TWO MONTHLY PAYMENTS: 75 7,125,995.13
(C) THREE OR MORE MONTHLY PAYMENTS: 267 23,108,214.81
FORECLOSURES
NUMBER OF LOANS 195
AGGREGATE PRINCIPAL BALANCE 17,464,066.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 454,834,423.88
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,600
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 81
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 6,406,833.18
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,915,660.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.00741740 % 3.99258260 %
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 10.20813179
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.40
POOL TRADING FACTOR: 69.97434492
................................................................................
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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-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 34,964,779.38 6.210000 % 2,472,436.72
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 41,931,108.40 6.960000 % 734,107.86
SB-I 2,188,575.75 4,180,015.04 0.000000 % 76,437.19
SB-II 1,438,981.44 3,009,366.39 0.000000 % 311,276.85
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
-------------------------------------------------------------------------------
181,377,797.19 130,680,436.21 3,594,258.62
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 180,942.73 2,653,379.45 0.00 0.00 32,492,342.66
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 252,360.29 986,468.15 0.00 0.00 41,197,000.54
SB-I 54,017.23 130,454.42 0.00 0.00 4,103,577.85
SB-II 62,233.06 373,509.91 0.00 0.00 2,698,089.54
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
-------------------------------------------------------------------------------
811,478.86 4,405,737.48 0.00 0.00 127,086,177.59
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 576.548427 40.769012 2.983638 43.752650 0.000000 535.779416
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 594.682527 10.411390 3.579067 13.990457 0.000000 584.271137
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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-RS1 (POOL # 4367)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4367
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 35,744.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,281.82
SUBSERVICER ADVANCES THIS MONTH 90,006.50
MASTER SERVICER ADVANCES THIS MONTH 7,456.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 3,407,417.84
(B) TWO MONTHLY PAYMENTS: 6 521,875.30
(C) THREE OR MORE MONTHLY PAYMENTS: 34 3,007,011.26
FORECLOSURES
NUMBER OF LOANS 32
AGGREGATE PRINCIPAL BALANCE 3,419,735.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,086,177.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,133
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 11
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 913,400.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,328,781.70
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 1,857,048.84
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.49850210 % 5.50149790 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.64798810 % 5.35201190 %
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 8.52891600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 274.02
POOL TRADING FACTOR: 70.06710830
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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 19,598.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,893.89
SUBSERVICER ADVANCES THIS MONTH 52,296.60
MASTER SERVICER ADVANCES THIS MONTH 4,025.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 2,000,195.25
(B) TWO MONTHLY PAYMENTS: 4 182,251.08
(C) THREE OR MORE MONTHLY PAYMENTS: 26 2,117,337.00
FORECLOSURES
NUMBER OF LOANS 17
AGGREGATE PRINCIPAL BALANCE 1,786,228.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,191,087.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 798
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 462,725.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 647,189.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 1,568,531.19
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.12477620 % 4.87522380 %
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 8.32351931
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.88
POOL TRADING FACTOR: 76.02306800
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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 16,145.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,387.93
SUBSERVICER ADVANCES THIS MONTH 37,709.90
MASTER SERVICER ADVANCES THIS MONTH 3,431.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,407,222.59
(B) TWO MONTHLY PAYMENTS: 2 339,624.22
(C) THREE OR MORE MONTHLY PAYMENTS: 8 889,674.26
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,633,506.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 43,895,090.08
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 335
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 450,674.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 681,592.13
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 288,517.65
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 8.91818848
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 262.90
POOL TRADING FACTOR: 61.00857116
................................................................................
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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 23,775,149.15 6.535000 % 1,481,660.59
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 32,828,384.64 6.970000 % 316,812.45
SB-I 76110WGR1 2,561,855.81 3,458,102.11 0.000000 % 0.00
SB-II 76110WGS9 962,705.86 1,822,548.26 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
-------------------------------------------------------------------------------
170,826,561.67 143,400,184.16 1,798,473.04
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 129,475.50 1,611,136.09 0.00 0.00 22,293,488.56
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 197,034.14 513,846.59 0.00 0.00 32,511,572.19
SB-I 75,049.47 75,049.47 0.00 0.00 3,458,102.11
SB-II 0.00 0.00 43,953.79 0.00 1,866,502.05
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
R-IV 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
910,636.17 2,709,109.21 43,953.79 0.00 141,645,664.91
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 540.344299 33.674104 2.942625 36.616729 0.000000 506.670195
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 785.631184 7.581785 4.715315 12.297100 0.000000 778.049399
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 40,313.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,195.43
SUBSERVICER ADVANCES THIS MONTH 138,443.19
MASTER SERVICER ADVANCES THIS MONTH 11,392.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,173,448.35
(B) TWO MONTHLY PAYMENTS: 19 1,313,337.90
(C) THREE OR MORE MONTHLY PAYMENTS: 75 5,402,395.54
FORECLOSURES
NUMBER OF LOANS 57
AGGREGATE PRINCIPAL BALANCE 4,685,335.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 141,645,664.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 959
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 1,303,897.24
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,072,058.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 323,565.15
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.31754280 % 3.68245720 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.24089860 % 3.75910140 %
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 8.67761100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 291.31
POOL TRADING FACTOR: 82.91782234
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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 28,357.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 155.46
SUBSERVICER ADVANCES THIS MONTH 75,947.52
MASTER SERVICER ADVANCES THIS MONTH 5,540.08
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,191,693.99
(B) TWO MONTHLY PAYMENTS: 12 726,146.37
(C) THREE OR MORE MONTHLY PAYMENTS: 45 2,802,791.17
FORECLOSURES
NUMBER OF LOANS 38
AGGREGATE PRINCIPAL BALANCE 2,460,370.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,267,590.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 731
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 631,230.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 895,463.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 323,565.15
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.82011410 % 3.17988590 %
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 8.49709748
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.57
POOL TRADING FACTOR: 83.75186326
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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 11,956.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,039.97
SUBSERVICER ADVANCES THIS MONTH 62,495.67
MASTER SERVICER ADVANCES THIS MONTH 5,852.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 981,754.36
(B) TWO MONTHLY PAYMENTS: 7 587,191.53
(C) THREE OR MORE MONTHLY PAYMENTS: 30 2,599,604.37
FORECLOSURES
NUMBER OF LOANS 19
AGGREGATE PRINCIPAL BALANCE 2,224,964.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 34,378,074.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 228
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 672,666.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 176,595.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.74026210 % 5.25973790 %
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 9.24085526
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.60
POOL TRADING FACTOR: 80.41898240
................................................................................
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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 75,389,280.83 6.720000 % 7,599,657.16
A-I-2 76110WFZ4 70,000,000.00 53,528,405.49 6.625000 % 2,371,793.61
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 500,000,000.00 397,295,210.57 6.845000 % 9,571,684.24
A-II-2 76110WGQ3 75,000,000.00 59,423,073.50 6.890000 % 1,606,270.65
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 1,012,298,543.82 21,149,405.66
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 436,209.08 8,035,866.24 0.00 0.00 67,789,623.67
A-I-2 295,491.90 2,667,285.51 0.00 0.00 51,156,611.88
A-I-3 434,456.61 434,456.61 0.00 0.00 79,000,000.00
A-I-4 418,983.16 418,983.16 0.00 0.00 74,000,000.00
A-I-5 349,215.13 349,215.13 0.00 0.00 60,000,000.00
A-I-6 264,340.27 264,340.27 0.00 0.00 44,000,000.00
A-I-7 270,939.61 270,939.61 0.00 0.00 44,000,000.00
A-I-8 243,725.66 243,725.66 0.00 0.00 39,000,000.00
A-I-9 387,253.00 387,253.00 0.00 0.00 65,000,000.00
A-II-1 2,341,779.37 11,913,463.61 0.00 0.00 387,723,526.33
A-II-2 352,560.40 1,958,831.05 0.00 0.00 57,816,802.85
SB-I 869,837.49 869,837.49 0.00 0.00 5,850,060.05
SB-II 438,824.42 438,824.42 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
-------------------------------------------------------------------------------
7,103,616.10 28,253,021.76 0.00 0.00 991,149,138.16
===============================================================================
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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-1 430.795890 43.426612 2.492623 45.919235 0.000000 387.369278
A-I-2 764.691507 33.882766 4.221313 38.104079 0.000000 730.808741
A-I-3 1000.000000 0.000000 5.499451 5.499451 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.661935 5.661935 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.820252 5.820252 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.007733 6.007733 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.157718 6.157718 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.249376 6.249376 0.000000 1000.000000
A-I-9 1000.000000 0.000000 5.957738 5.957738 0.000000 1000.000000
A-II-1 794.590421 19.143368 4.683559 23.826927 0.000000 775.447053
A-II-2 792.307647 21.416942 4.700805 26.117747 0.000000 770.890705
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 385,750.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 996,809.22
MASTER SERVICER ADVANCES THIS MONTH 75,540.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 406 33,582,192.71
(B) TWO MONTHLY PAYMENTS: 167 15,382,032.96
(C) THREE OR MORE MONTHLY PAYMENTS: 464 38,172,144.11
FORECLOSURES
NUMBER OF LOANS 301
AGGREGATE PRINCIPAL BALANCE 26,682,307.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 991,149,138.16
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 107
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 8,484,362.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 18,088,378.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 388,645.90
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.86006080 % 2.13993920 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.81439820 % 2.18560180 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 1,077,161.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,077,161.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.97259500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.92
POOL TRADING FACTOR: 80.90966100
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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 193,367.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 499,700.91
MASTER SERVICER ADVANCES THIS MONTH 35,650.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 228 16,311,562.20
(B) TWO MONTHLY PAYMENTS: 94 7,873,164.11
(C) THREE OR MORE MONTHLY PAYMENTS: 261 18,362,946.74
FORECLOSURES
NUMBER OF LOANS 153
AGGREGATE PRINCIPAL BALANCE 13,449,861.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 529,796,295.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,484
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 3,908,207.24
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,854,925.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 199,364.73
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.91618940 % 1.08381060 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 1,077,161.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,077,161.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.91204373
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.38
POOL TRADING FACTOR: 81.50628582
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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 24,736.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 68,880.85
MASTER SERVICER ADVANCES THIS MONTH 9,210.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,659,704.92
(B) TWO MONTHLY PAYMENTS: 6 728,663.93
(C) THREE OR MORE MONTHLY PAYMENTS: 22 3,005,913.32
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 2,736,869.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 59,762,259.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 409
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,036,226.37
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,180,308.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.82987940 % 3.17012060 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 1,077,161.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,077,161.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.96072382
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.58
POOL TRADING FACTOR: 79.68263510
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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 167,647.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 428,227.46
MASTER SERVICER ADVANCES THIS MONTH 30,678.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 163 15,610,925.59
(B) TWO MONTHLY PAYMENTS: 67 6,780,204.92
(C) THREE OR MORE MONTHLY PAYMENTS: 181 16,803,284.05
FORECLOSURES
NUMBER OF LOANS 124
AGGREGATE PRINCIPAL BALANCE 10,495,576.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 401,590,583.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,011
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 38
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,539,928.70
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,053,143.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 189,281.17
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.62735180 % 3.37264820 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 1,077,161.00
SPECIAL HAZARD AMOUNT AVAILABLE 10,077,161.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.05424358
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.27
POOL TRADING FACTOR: 80.31809569
................................................................................
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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 92,356,765.47 6.840000 % 6,374,299.21
A-I-1B 76110WGW0 75,000,000.00 44,688,757.47 6.960000 % 3,084,338.32
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 7.250000 % 0.00
A-I-7 76110WHC3 70,000,000.00 70,000,000.00 7.505000 % 0.00
A-II-1 76110WHD1 350,000,000.00 303,124,584.85 7.010000 % 6,915,819.43
A-II-2 76110WHE9 400,000,000.00 348,224,007.01 6.960000 % 7,590,996.64
SB-I 76110WHF6 2,496.74 14,000,049.94 0.000000 % 0.00
SB-II 76110WHG4 11,202.85 18,446,161.77 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 1,290,840,326.51 23,965,453.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1A 543,981.35 6,918,280.56 0.00 0.00 85,982,466.26
A-I-1B 259,194.79 3,343,533.11 0.00 0.00 41,604,419.15
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-6 405,798.61 405,798.61 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 1,829,777.88 8,745,597.31 0.00 0.00 296,208,765.42
A-II-2 2,087,022.55 9,678,019.19 0.00 0.00 340,633,010.37
SB-I 1,166,400.32 1,166,400.32 0.00 0.00 14,000,049.94
SB-II 0.00 0.00 1,250,056.85 0.00 19,696,218.62
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
-------------------------------------------------------------------------------
8,757,383.84 32,722,837.44 1,250,056.85 0.00 1,268,124,929.76
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1A 595.850100 41.124511 3.509557 44.634068 0.000000 554.725589
A-I-1B 595.850100 41.124511 3.455931 44.580442 0.000000 554.725589
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 6.243056 6.243056 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.254167 6.254167 0.000000 1000.000000
A-II-1 866.070242 19.759484 5.227937 24.987421 0.000000 846.310758
A-II-2 870.560018 18.977492 5.217556 24.195048 0.000000 851.582526
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 506,055.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,705.14
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 48,420.08
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 514 42,472,712.48
(B) TWO MONTHLY PAYMENTS: 192 15,665,092.73
(C) THREE OR MORE MONTHLY PAYMENTS: 608 46,598,999.90
FORECLOSURES
NUMBER OF LOANS 336
AGGREGATE PRINCIPAL BALANCE 29,962,376.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,268,124,929.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 75
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,339,626.46
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 21,282,030.36
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 149,098.64
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.48642720 % 2.51357280 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.34282740 % 2.65717260 %
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 10.12660700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.61
POOL TRADING FACTOR: 87.45606542
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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-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 230,983.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,705.14
SUBSERVICER ADVANCES THIS MONTH 550,252.04
MASTER SERVICER ADVANCES THIS MONTH 26,678.60
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 292 20,252,035.03
(B) TWO MONTHLY PAYMENTS: 102 6,946,914.17
(C) THREE OR MORE MONTHLY PAYMENTS: 336 20,679,788.63
FORECLOSURES
NUMBER OF LOANS 171
AGGREGATE PRINCIPAL BALANCE 12,768,091.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 611,586,935.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,897
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 2,868,756.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,744,683.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 149,098.64
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.74572910 % 2.25427100 %
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 10.17517592
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.76
POOL TRADING FACTOR: 87.36925057
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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-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 147,079.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 330,112.60
MASTER SERVICER ADVANCES THIS MONTH 12,123.54
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 120 11,891,040.71
(B) TWO MONTHLY PAYMENTS: 44 3,506,721.97
(C) THREE OR MORE MONTHLY PAYMENTS: 160 13,096,012.31
FORECLOSURES
NUMBER OF LOANS 110
AGGREGATE PRINCIPAL BALANCE 10,066,729.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 350,893,215.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,620
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 1,362,455.78
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,635,784.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.31546150 % 2.68453850 %
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 10.09452053
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.58
POOL TRADING FACTOR: 87.72159372
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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-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 127,992.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 304,187.54
MASTER SERVICER ADVANCES THIS MONTH 9,617.94
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 102 10,329,636.74
(B) TWO MONTHLY PAYMENTS: 46 5,211,456.59
(C) THREE OR MORE MONTHLY PAYMENTS: 112 12,823,198.96
FORECLOSURES
NUMBER OF LOANS 55
AGGREGATE PRINCIPAL BALANCE 7,127,556.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 305,644,778.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,688
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 14
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,108,414.27
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,901,561.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 111.62290210 % 2.83367840 %
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 10.06625900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.57
POOL TRADING FACTOR: 87.32623020
................................................................................
Run: 08/25/00 08:17:44 REPT1B.FRG
Page: 1 of 2
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 07383GAP1 119,817,000.00 105,962,893.77 7.020000 % 1,545,280.97
A-II 07383GAQ9 258,025,000.00 228,665,743.02 6.672302 % 1,254,076.79
SB-I 22.71 129,907.48 0.000000 % 0.00
SB-II 314.09 1,796,681.37 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
-------------------------------------------------------------------------------
377,842,336.80 336,555,225.64 2,799,357.76
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 640,545.69 2,185,826.66 0.00 0.00 104,417,612.80
A-II 1,313,820.44 2,567,897.23 0.00 0.00 227,411,666.23
SB-I 0.00 0.00 5,657.78 0.00 135,565.26
SB-II 0.00 0.00 78,249.73 0.00 1,874,931.10
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,954,366.13 4,753,723.89 83,907.51 0.00 333,839,775.39
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 884.372783 12.897009 5.346033 18.243042 0.000000 871.475774
A-II 886.215456 4.860292 5.091834 9.952126 0.000000 881.355164
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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Page: 2 of 2
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 90,839.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,781.14
SUBSERVICER ADVANCES THIS MONTH 92,156.94
MASTER SERVICER ADVANCES THIS MONTH 3,249.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,727,729.47
(B) TWO MONTHLY PAYMENTS: 7 1,647,036.45
(C) THREE OR MORE MONTHLY PAYMENTS: 34 2,854,694.98
FORECLOSURES
NUMBER OF LOANS 33
AGGREGATE PRINCIPAL BALANCE 3,228,463.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 333,839,775.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,610
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 407,346.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,356,755.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.42755640 % 0.57244360 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.39776610 % 0.60223390 %
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 7.87178300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.16
POOL TRADING FACTOR: 88.35425332
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Page: 2 of 2
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 31,435.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 539.08
SUBSERVICER ADVANCES THIS MONTH 70,689.89
MASTER SERVICER ADVANCES THIS MONTH 3,249.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,125,387.14
(B) TWO MONTHLY PAYMENTS: 5 483,263.47
(C) THREE OR MORE MONTHLY PAYMENTS: 34 2,854,694.98
FORECLOSURES
NUMBER OF LOANS 31
AGGREGATE PRINCIPAL BALANCE 2,482,040.19
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 105,051,833.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,019
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 407,346.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,387,514.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.42981390 % 0.57018620 %
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 8.71663237
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.17
POOL TRADING FACTOR: 87.67688506
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Page: 2 of 2
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 59,404.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,242.06
SUBSERVICER ADVANCES THIS MONTH 21,467.05
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 602,342.33
(B) TWO MONTHLY PAYMENTS: 2 1,163,772.98
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 746,423.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 228,787,942.11
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 591
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 969,240.38
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 7.48385573
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.25
POOL TRADING FACTOR: 88.66879706
................................................................................
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Page: 1 of 2
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 87,773,183.51 6.820000 % 4,224,600.82
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 7.230000 % 0.00
A-I-6 76110WHN9 35,000,000.00 35,000,000.00 7.170000 % 0.00
A-II 76110WHP4 500,000,000.00 454,472,321.58 6.950000 % 6,992,610.43
SB-I 76110WHQ2 2,204.14 4,375,027.55 0.000000 % 0.00
SB-II 76110WHR0 3,820.39 9,616,879.38 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
-------------------------------------------------------------------------------
850,006,024.53 789,237,412.02 11,217,211.25
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 515,472.40 4,740,073.22 0.00 0.00 83,548,582.69
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-5 186,775.00 186,775.00 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 2,719,890.60 9,712,501.03 0.00 0.00 447,479,711.15
SB-I 711,017.80 711,017.80 0.00 0.00 4,375,027.55
SB-II 0.00 0.00 882,838.04 0.00 10,499,717.42
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
-------------------------------------------------------------------------------
5,323,009.97 16,540,221.22 882,838.04 0.00 778,903,038.81
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 750.198150 36.107699 4.405747 40.513446 0.000000 714.090450
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 6.225833 6.225833 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.975000 5.975000 0.000000 1000.000000
A-II 908.944643 13.985221 5.439781 19.425002 0.000000 894.959422
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 1999-KS4 (POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4407
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 311,985.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,087.31
SUBSERVICER ADVANCES THIS MONTH 646,233.65
MASTER SERVICER ADVANCES THIS MONTH 13,899.34
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 285 24,020,102.22
(B) TWO MONTHLY PAYMENTS: 117 9,676,036.44
(C) THREE OR MORE MONTHLY PAYMENTS: 339 25,652,403.44
FORECLOSURES
NUMBER OF LOANS 143
AGGREGATE PRINCIPAL BALANCE 12,864,826.70
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 778,903,038.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,902
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 18
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,590,317.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,192,160.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 502,865.60
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.22716120 % 1.77283880 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.09029570 % 1.90970430 %
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 10.32696200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.30
POOL TRADING FACTOR: 91.63500214
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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 1999-KS4 (POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4407
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 120,905.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,676.47
SUBSERVICER ADVANCES THIS MONTH 288,192.59
MASTER SERVICER ADVANCES THIS MONTH 4,914.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 153 12,510,219.92
(B) TWO MONTHLY PAYMENTS: 49 3,621,066.46
(C) THREE OR MORE MONTHLY PAYMENTS: 146 10,073,191.38
FORECLOSURES
NUMBER OF LOANS 56
AGGREGATE PRINCIPAL BALANCE 5,159,676.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 320,923,610.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,990
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 556,611.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,499,591.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 380,997.48
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.65445130 % 1.34554870 %
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 10.44127139
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.53
POOL TRADING FACTOR: 91.69188264
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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 191,080.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,410.84
SUBSERVICER ADVANCES THIS MONTH 358,041.06
MASTER SERVICER ADVANCES THIS MONTH 8,985.18
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 132 11,509,882.30
(B) TWO MONTHLY PAYMENTS: 68 6,054,969.98
(C) THREE OR MORE MONTHLY PAYMENTS: 193 15,579,212.06
FORECLOSURES
NUMBER OF LOANS 87
AGGREGATE PRINCIPAL BALANCE 7,705,150.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 457,979,428.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,912
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 1,033,705.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,692,568.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 121,868.12
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.92779510 % 2.07220500 %
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 10.24686084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.95
POOL TRADING FACTOR: 91.59518586
................................................................................
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Page: 1 of 2
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 136,984,000.00 112,011,699.60 7.430000 % 2,410,847.02
A-II 07383GBC9 12,675,000.00 11,625,455.59 7.020000 % 309,892.50
SB-I 6,962,910.91 9,685,213.27 0.000000 % 0.00
SB-II 645,059.13 773,040.24 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
-------------------------------------------------------------------------------
157,266,970.04 134,095,408.70 2,720,739.52
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 693,539.11 3,104,386.13 0.00 0.00 109,600,852.58
A-II 70,275.88 380,168.38 0.00 0.00 11,315,563.09
SB-I 378,022.00 378,022.00 0.00 0.00 9,685,213.27
SB-II 30,172.41 30,172.41 0.00 0.00 773,040.24
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
-------------------------------------------------------------------------------
1,172,009.40 3,892,748.92 0.00 0.00 131,374,669.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 817.699144 17.599479 5.062921 22.662400 0.000000 800.099666
A-II 917.195707 24.449112 5.544448 29.993560 0.000000 892.746595
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-00
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Page: 2 of 2
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 53,926.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 148,254.56
MASTER SERVICER ADVANCES THIS MONTH 2,075.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 5,424,187.59
(B) TWO MONTHLY PAYMENTS: 20 1,739,995.40
(C) THREE OR MORE MONTHLY PAYMENTS: 52 5,164,146.30
FORECLOSURES
NUMBER OF LOANS 37
AGGREGATE PRINCIPAL BALANCE 3,605,061.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 131,374,669.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,248
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 189,018.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,468,019.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.20088620 % 7.79911380 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.03936830 % 7.96063170 %
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 11.26638300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 234.89
POOL TRADING FACTOR: 83.53608463
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Page: 2 of 2
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 50,082.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 140,800.39
MASTER SERVICER ADVANCES THIS MONTH 2,075.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 5,029,670.81
(B) TWO MONTHLY PAYMENTS: 18 1,490,748.60
(C) THREE OR MORE MONTHLY PAYMENTS: 51 5,050,069.94
FORECLOSURES
NUMBER OF LOANS 35
AGGREGATE PRINCIPAL BALANCE 3,326,110.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 119,286,065.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,171
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 189,018.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,165,668.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.04152920 % 7.95847080 %
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 11.50252996
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 223.35
POOL TRADING FACTOR: 82.86809706
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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 3,844.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 7,454.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 394,516.78
(B) TWO MONTHLY PAYMENTS: 2 249,246.80
(C) THREE OR MORE MONTHLY PAYMENTS: 1 114,076.36
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 278,950.79
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 12,088,603.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 77
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 302,350.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 93.76504820 % 6.23495180 %
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 8.93617269
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.73
POOL TRADING FACTOR: 90.75487738
................................................................................
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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 55,570,403.74 7.510000 % 1,898,791.88
A-II-1 76110WHT6 50,000,000.00 39,892,357.96 6.940000 % 1,449,861.42
A-II-2 76110WHU3 77,296,000.00 64,543,223.68 6.970000 % 1,276,757.85
A-II-3 76110WHV1 25,000,000.00 25,000,000.00 7.005000 % 0.00
SB-I 76110WHW9 1,973,950.59 2,537,997.81 0.000000 % 0.00
SB-II 76110WHX7 3,108,143.12 4,562,323.02 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
-------------------------------------------------------------------------------
221,171,093.71 192,106,306.21 4,625,411.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I 347,778.11 2,246,569.99 0.00 0.00 53,671,611.86
A-II-1 238,401.16 1,688,262.58 0.00 0.00 38,442,496.54
A-II-2 387,384.84 1,664,142.69 0.00 0.00 63,266,465.83
A-II-3 145,937.50 145,937.50 0.00 0.00 25,000,000.00
SB-I 0.00 0.00 79,219.14 0.00 2,617,216.95
SB-II 0.00 0.00 200,208.36 0.00 4,762,531.38
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,119,501.61 5,744,912.76 279,427.50 0.00 187,760,322.56
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I 871.105039 29.764894 5.451666 35.216560 0.000000 841.340145
A-II-1 797.847159 28.997228 4.768023 33.765251 0.000000 768.849931
A-II-2 835.013761 16.517774 5.011706 21.529480 0.000000 818.495987
A-II-3 1000.000000 0.000000 5.837500 5.837500 0.000000 1000.000000
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 67,897.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 153,951.57
MASTER SERVICER ADVANCES THIS MONTH 2,227.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 57 5,297,006.08
(B) TWO MONTHLY PAYMENTS: 27 2,677,414.31
(C) THREE OR MORE MONTHLY PAYMENTS: 74 5,516,442.33
FORECLOSURES
NUMBER OF LOANS 55
AGGREGATE PRINCIPAL BALANCE 4,609,796.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 187,760,322.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,025
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 270,967.70
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,196,896.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.30396270 % 3.69603740 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.06959120 % 3.93040880 %
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 9.49598700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.62
POOL TRADING FACTOR: 84.89369899
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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 17,490.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,551.27
MASTER SERVICER ADVANCES THIS MONTH 893.35
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,140,045.54
(B) TWO MONTHLY PAYMENTS: 14 1,771,353.41
(C) THREE OR MORE MONTHLY PAYMENTS: 25 1,526,847.78
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 425,664.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 56,288,828.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 460
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 121,144.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,772,943.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.63230490 % 4.36769510 %
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 9.41967042
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.83
POOL TRADING FACTOR: 85.58832104
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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 19,496.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,804.86
MASTER SERVICER ADVANCES THIS MONTH 793.09
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,225,871.52
(B) TWO MONTHLY PAYMENTS: 1 177,621.62
(C) THREE OR MORE MONTHLY PAYMENTS: 21 2,204,761.95
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,615,937.16
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 49,796,523.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 520
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 89,420.63
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,308,041.37
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 9.73127406
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.69
POOL TRADING FACTOR: 82.19411416
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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 30,910.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 66,595.44
MASTER SERVICER ADVANCES THIS MONTH 540.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 2,931,089.02
(B) TWO MONTHLY PAYMENTS: 12 728,439.28
(C) THREE OR MORE MONTHLY PAYMENTS: 28 1,784,832.60
FORECLOSURES
NUMBER OF LOANS 32
AGGREGATE PRINCIPAL BALANCE 2,568,194.56
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 81,674,970.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,045
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 60,402.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,115,912.28
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 9.40512987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.26
POOL TRADING FACTOR: 86.13677529
................................................................................
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Page: 1 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
DISTRIBUTION SUMMARY FOR POOL# 4426
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WJA5 220,000,000.00 187,892,572.17 7.615000 % 8,326,719.12
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 750,000,000.00 711,967,356.40 6.880000 % 9,318,328.04
SB-I 76110WJH0 312.33 5,395,184.50 0.000000 % 0.00
SB-II 76110WJJ6 3,262.36 9,890,398.04 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 1,345,145,511.11 17,645,047.16
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 1,192,334.95 9,519,054.07 0.00 0.00 179,565,853.05
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 4,218,011.05 13,536,339.09 0.00 0.00 702,649,028.36
SB-I 0.00 0.00 1,067,376.00 0.00 6,462,560.50
SB-II 0.00 0.00 1,432,048.16 0.00 11,322,446.20
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
-------------------------------------------------------------------------------
8,236,116.84 25,881,164.00 2,499,424.16 0.00 1,329,999,888.11
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 854.057146 37.848723 5.419704 43.268427 0.000000 816.208423
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 949.289809 12.424437 5.624015 18.048452 0.000000 936.865371
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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 529,109.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 35,230.06
SUBSERVICER ADVANCES THIS MONTH 940,106.95
MASTER SERVICER ADVANCES THIS MONTH 11,093.13
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 513 43,081,220.52
(B) TWO MONTHLY PAYMENTS: 204 17,105,547.34
(C) THREE OR MORE MONTHLY PAYMENTS: 394 33,067,996.70
FORECLOSURES
NUMBER OF LOANS 126
AGGREGATE PRINCIPAL BALANCE 11,181,283.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,329,999,888.11
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 17
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,190,909.27
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 13,993,975.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 143,207.02
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.86364840 % 1.13635160 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.66278130 % 1.33721870 %
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 10.37893100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.14
POOL TRADING FACTOR: 94.99974944
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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 230,436.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,015.38
SUBSERVICER ADVANCES THIS MONTH 434,789.05
MASTER SERVICER ADVANCES THIS MONTH 5,417.93
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 280 21,129,213.36
(B) TWO MONTHLY PAYMENTS: 97 6,441,621.68
(C) THREE OR MORE MONTHLY PAYMENTS: 200 14,291,834.79
FORECLOSURES
NUMBER OF LOANS 59
AGGREGATE PRINCIPAL BALANCE 4,932,220.56
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 616,028,413.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,792
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 560,689.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,741,512.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 75,372.69
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.13439910 % 0.86560090 %
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 10.43985199
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.24
POOL TRADING FACTOR: 94.77355655
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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 298,673.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 20,214.68
SUBSERVICER ADVANCES THIS MONTH 505,317.90
MASTER SERVICER ADVANCES THIS MONTH 5,675.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 233 21,952,007.16
(B) TWO MONTHLY PAYMENTS: 107 10,663,925.66
(C) THREE OR MORE MONTHLY PAYMENTS: 194 18,776,161.91
FORECLOSURES
NUMBER OF LOANS 67
AGGREGATE PRINCIPAL BALANCE 6,249,062.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 713,971,474.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,958
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 630,219.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,252,462.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 67,834.33
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.62986880 % 1.37013120 %
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 10.32636694
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.27
POOL TRADING FACTOR: 95.19578252
................................................................................
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Page: 1 of 2
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 90,208,362.02 6.720000 % 4,202,850.61
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 575,000,000.00 551,938,819.27 6.870000 % 6,084,374.18
SB-I 530.82 2,594,574.60 0.000000 % 0.00
SB-II 3,705.06 5,969,493.17 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
-------------------------------------------------------------------------------
875,004,235.88 850,711,249.06 10,287,224.79
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 522,005.72 4,724,856.33 0.00 0.00 86,005,511.41
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 3,265,178.06 9,349,552.24 0.00 0.00 545,854,445.09
SB-I 0.00 0.00 594,808.23 0.00 3,189,382.83
SB-II 0.00 0.00 1,196,554.83 0.00 7,166,048.00
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
-------------------------------------------------------------------------------
5,084,912.94 15,372,137.73 1,791,363.06 0.00 842,215,387.33
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 902.083620 42.028506 5.220057 47.248563 0.000000 860.055114
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 959.893599 10.581520 5.678571 16.260091 0.000000 949.312078
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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-KS2 (POOL # 4434)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4434
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 342,477.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,961.02
SUBSERVICER ADVANCES THIS MONTH 564,910.69
MASTER SERVICER ADVANCES THIS MONTH 7,754.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 312 27,269,656.68
(B) TWO MONTHLY PAYMENTS: 128 11,460,010.48
(C) THREE OR MORE MONTHLY PAYMENTS: 212 18,472,008.59
FORECLOSURES
NUMBER OF LOANS 53
AGGREGATE PRINCIPAL BALANCE 5,471,721.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 842,215,387.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,851
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 866,845.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,037,965.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.99330500 % 1.00669500 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.77045340 % 1.22954660 %
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 10.39659300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.88
POOL TRADING FACTOR: 96.25272116
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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 112,131.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,635.62
SUBSERVICER ADVANCES THIS MONTH 195,383.37
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 140 10,298,600.53
(B) TWO MONTHLY PAYMENTS: 51 3,416,658.10
(C) THREE OR MORE MONTHLY PAYMENTS: 80 6,432,909.98
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 885,849.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 289,194,894.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,752
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,402,951.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.11388370 % 0.88611630 %
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 10.56366842
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.05
POOL TRADING FACTOR: 96.39812751
Run: 08/25/00 08:17:33 rept2.frg
Page: 2 of 2
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 230,346.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,325.40
SUBSERVICER ADVANCES THIS MONTH 369,527.32
MASTER SERVICER ADVANCES THIS MONTH 7,754.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 172 16,971,056.15
(B) TWO MONTHLY PAYMENTS: 77 8,043,352.38
(C) THREE OR MORE MONTHLY PAYMENTS: 132 12,039,098.61
FORECLOSURES
NUMBER OF LOANS 40
AGGREGATE PRINCIPAL BALANCE 4,585,871.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 553,020,493.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,099
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 866,845.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,635,013.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.93002250 % 1.06997750 %
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 10.30922320
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.16
POOL TRADING FACTOR: 96.17685734
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS3(POOL # 4445)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4445
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110WJU1 170,000,000.00 166,365,930.34 6.730000 % 5,466,518.99
A-I-2 76110WJV9 70,000,000.00 70,000,000.00 7.760000 % 0.00
A-I-3 76110WJW7 70,000,000.00 70,000,000.00 7.805000 % 0.00
A-I-4 76110WJX5 90,000,000.00 90,000,000.00 8.035000 % 0.00
A-I-5 76110WJY3 50,000,000.00 50,000,000.00 8.355000 % 0.00
A-I-6 76110WJZ0 50,000,000.00 50,000,000.00 7.810000 % 0.00
A-II 76110WKA3 750,000,000.00 745,109,132.47 6.850000 % 6,312,430.47
SB-I 76110WKB1 46.46 1,214,467.60 0.000000 % 0.00
SB-II 76110WKC9 0.02 2,445,128.29 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
-------------------------------------------------------------------------------
1,250,000,046.48 1,245,134,658.70 11,778,949.46
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 964,136.78 6,430,655.77 0.00 0.00 160,899,411.35
A-I-2 452,666.67 452,666.67 0.00 0.00 70,000,000.00
A-I-3 455,291.67 455,291.67 0.00 0.00 70,000,000.00
A-I-4 602,625.00 602,625.00 0.00 0.00 90,000,000.00
A-I-5 348,125.00 348,125.00 0.00 0.00 50,000,000.00
A-I-6 325,416.67 325,416.67 0.00 0.00 50,000,000.00
A-II 4,395,109.01 10,707,539.48 0.00 0.00 738,796,702.00
SB-I 0.00 0.00 1,062,703.54 0.00 2,277,171.14
SB-II 0.00 0.00 1,779,679.21 0.00 4,224,807.50
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
-------------------------------------------------------------------------------
7,543,370.80 19,322,320.26 2,842,382.75 0.00 1,236,198,091.99
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 978.623120 32.155994 5.671393 37.827387 0.000000 946.467126
A-I-2 1000.000000 0.000000 6.466667 6.466667 0.000000 1000.000000
A-I-3 1000.000000 0.000000 6.504167 6.504167 0.000000 1000.000000
A-I-4 1000.000000 0.000000 6.695833 6.695833 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.962500 6.962500 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.508333 6.508333 0.000000 1000.000000
A-II 993.478843 8.416574 5.860145 14.276719 0.000000 985.062269
_______________________________________________________________________________
DETERMINATION DATE 21-August-00
DISTRIBUTION DATE 25-August-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-KS3 (POOL # 4445)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4445
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 493,035.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 51,636.17
SUBSERVICER ADVANCES THIS MONTH 449,944.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 418 33,993,363.53
(B) TWO MONTHLY PAYMENTS: 108 9,359,492.91
(C) THREE OR MORE MONTHLY PAYMENTS: 46 4,884,207.39
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 405,296.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,236,198,091.99
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 8,189,368.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 113,852.43
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.70608830 % 0.29391170 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.47403420 % 0.52596580 %
BANKRUPTCY AMOUNT AVAILABLE 536,345.00
FRAUD AMOUNT AVAILABLE 37,500,001.00
SPECIAL HAZARD AMOUNT AVAILABLE 12,500,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.70388500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.54
POOL TRADING FACTOR: 98.89584368
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS3 (POOL # 4445)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4445
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 182,575.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,577.76
SUBSERVICER ADVANCES THIS MONTH 198,723.55
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 218 15,157,332.75
(B) TWO MONTHLY PAYMENTS: 44 3,080,211.89
(C) THREE OR MORE MONTHLY PAYMENTS: 29 2,163,085.53
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 298,720.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 493,176,582.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,415
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,960,699.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 113,852.43
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.75592540 % 0.24407470 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 191,089.00
FRAUD AMOUNT AVAILABLE 15,000,001.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,000,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.81737176
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.17
POOL TRADING FACTOR: 98.63530733
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 2000-KS3 (POOL # 4445)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4445
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 310,460.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 34,058.41
SUBSERVICER ADVANCES THIS MONTH 251,221.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 200 18,836,030.78
(B) TWO MONTHLY PAYMENTS: 64 6,279,281.02
(C) THREE OR MORE MONTHLY PAYMENTS: 17 2,721,121.86
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 106,576.10
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 743,021,509.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,235
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,228,669.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.67291630 % 0.32708370 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 345,256.00
FRAUD AMOUNT AVAILABLE 22,500,000.00
SPECIAL HAZARD AMOUNT AVAILABLE 7,500,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.62855868
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.74
POOL TRADING FACTOR: 99.06953460
................................................................................
