RESIDENTIAL ASSET SECURITIES CORP
S-3, EX-24.1, 2000-12-18
ASSET-BACKED SECURITIES
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                                                         EXHIBIT 24.1

                    RESIDENTIAL ASSET SECURITIES CORPORATION

                                POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that each person whose signature appears

below  constitutes  and appoints  Diane S. Wold,  Lisa R.  Lundsten and Julie A.
Steinhagen as his true and lawful  attorney-in-fact  and agents, with full power
of substitution and resubstitution, for him and in his name, place and stead, in
any and all  capacities  (including  his capacity as director  and/or officer of
Residential  Asset  Securities  Corporation),  to  sign  any or  all  amendments
(including post-effective  amendments) to the Registration Statement on Form S-3
to be filed by the Registrant on December 18, 2000,  and to file the same,  with
all exhibits  thereto,  and other  documents in connection  therewith,  with the
Securities  and Exchange  Commission,  granting unto said  attorney-in-fact  and
agents full power and  authority  to do and perform each and every act and thing
requisite and  necessary to be done in and about the  premises,  as fully and to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming  that  said   attorney-in-fact   and  agent,  or  his  substitute  or
substitutes, may lawfully do or cause to be done by virtue hereof.

SIGNATURE                            TITLE                DATE

/s/William B. Acheson         President and Chief          December 18, 2000
William B.Acheson             Executive Officer
                              (Principal Executive Officer)

/s/Davee L. Olson             Director and Chief          December 18, 2000
Davee L. Olson                Financial Officer
                              (Principal Financial
                              Officer)

/s/Douglas Hultberg           Treasurer                   December 18, 2000
Douglas Hultberg              (Principal
                              Accounting Officer)

/s/Bruce J. Paradis           Director                    December 18, 2000
Bruce J. Paradis


/s/David C. Walker            Director                    December 18, 2000
David C. Walker

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