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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS1(POOL # 4173)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4173
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WAB2 94,350,062.00 7,553,661.43 7.275000 % 289,646.31
R 0.00 2,074,941.15 0.000000 % 0.00
-------------------------------------------------------------------------------
94,350,062.00 9,628,602.58 289,646.31
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 48,599.22 338,245.53 0.00 0.00 7,264,015.12
R 0.00 0.00 36,228.83 0.00 2,111,169.98
-------------------------------------------------------------------------------
48,599.22 338,245.53 36,228.83 0.00 9,375,185.10
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 80.059952 3.069911 0.515095 3.585006 0.000000 76.990041
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:28:54 rept2.frg
Page: 2 of 2
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 3,661.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 12,776.94
MASTER SERVICER ADVANCES THIS MONTH 1,682.01
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 515,093.83
(B) TWO MONTHLY PAYMENTS: 1 39,241.92
(C) THREE OR MORE MONTHLY PAYMENTS: 2 154,342.19
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 632,788.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,375,185.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 98
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 176,404.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 246,494.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 78.45023580 % 21.54976420 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 77.48129820 % 22.51870180 %
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 11.35749780
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.62
POOL TRADING FACTOR: 9.93659665
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS2(POOL # 4179)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4179
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WAC0 105,461,520.00 9,817,029.83 7.125000 % 0.00
R 0.00 619,418.09 0.000000 % 8,605.66
-------------------------------------------------------------------------------
105,461,520.00 10,436,447.92 8,605.66
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 62,164.43 62,164.43 0.00 0.00 9,817,029.83
R 28,342.85 36,948.51 0.00 0.00 610,812.43
-------------------------------------------------------------------------------
90,507.28 99,112.94 0.00 0.00 10,427,842.26
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 93.086368 0.000000 0.589451 0.589451 0.000000 93.086368
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:28:55 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS2 (POOL # 4179)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4179
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,127.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 707.15
SUBSERVICER ADVANCES THIS MONTH 7,279.75
MASTER SERVICER ADVANCES THIS MONTH 528.50
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 452,779.41
(B) TWO MONTHLY PAYMENTS: 1 23,642.59
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 290,372.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 10,427,842.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 127
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 49,694.60
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,816.70
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.06485720 % 5.93514280 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.14248490 % 5.85751510 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 124,582.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,050,091.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.29363090
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 1.43
POOL TRADING FACTOR: 9.88781711
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS3(POOL # 4181)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4181
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A1-I 76110WAD8 36,305,000.00 0.00 8.000000 % 0.00
A2-I 76110WAE6 26,280,000.00 0.00 8.000000 % 0.00
A3-I 76110WAF3 19,819,000.00 0.00 8.000000 % 0.00
A4-I 76110WAG1 16,482,000.00 9,146,011.81 8.000000 % 599,527.86
A5-I 76110WAH9 11,122,743.00 11,122,743.00 8.000000 % 0.00
A-II 76110WAJ5 41,561,444.00 8,723,384.72 8.000000 % 226,044.63
R 76110WAK2 100.00 0.00 8.000000 % 0.00
B1-I 1,946,488.25 118,718.31 8.120000 % 327.23
B2-I 760,800.00 0.00 8.120000 % 0.00
B3-I 988,100.00 0.00 8.120000 % 0.00
B1-II 1,125,622.41 672,629.43 8.120000 % 991.52
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 1.951913 % 0.00
-------------------------------------------------------------------------------
156,997,402.05 29,783,487.27 826,891.24
===============================================================================
-------------------------------------------------------------------------------
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 60,588.68 660,116.54 0.00 0.00 8,546,483.95
A5-I 73,683.74 73,683.74 0.00 0.00 11,122,743.00
A-II 57,894.86 283,939.49 0.00 0.00 8,497,340.09
R 0.00 0.00 0.00 0.00 0.00
B1-I 798.26 1,125.49 0.00 0.00 118,391.08
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 4,531.03 5,522.55 0.00 0.00 671,637.91
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 48,168.10 48,168.10 0.00 0.00 0.00
-------------------------------------------------------------------------------
245,664.67 1,072,555.91 0.00 0.00 28,956,596.03
===============================================================================
-------------------------------------------------------------------------------
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 554.909101 36.374703 3.676051 40.050754 0.000000 518.534398
A5-I 1000.000000 0.000000 6.624602 6.624602 0.000000 1000.000000
A-II 209.891281 5.438806 1.392994 6.831800 0.000000 204.452475
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B1-I 60.991023 0.168113 0.410103 0.578216 0.000000 60.822911
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 597.562223 0.880864 4.025355 4.906219 0.000000 596.681360
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 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:33 rept2.frg
Page: 2 of 2
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 8,762.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 22,305.81
MASTER SERVICER ADVANCES THIS MONTH 1,268.98
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 447,471.46
(B) TWO MONTHLY PAYMENTS: 1 189,586.29
(C) THREE OR MORE MONTHLY PAYMENTS: 1 72,143.89
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 1,485,079.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 28,956,596.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 134
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 143,003.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 756,845.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.34299830 % 2.65700170 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.27167870 % 2.72832130 %
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 10.02774100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.89
POOL TRADING FACTOR: 18.44399694
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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 6,296.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 19,908.60
MASTER SERVICER ADVANCES THIS MONTH 1,268.98
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 447,471.46
(B) TWO MONTHLY PAYMENTS: 1 189,586.29
(C) THREE OR MORE MONTHLY PAYMENTS: 1 72,143.89
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 1,232,786.02
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 19,787,618.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 97
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 143,003.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 543,660.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.41768990 % 0.58231010 %
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 10.49611223
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 1.30
POOL TRADING FACTOR: 17.40271036
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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 2,466.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 2,397.21
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 252,293.10
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,168,978.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 37
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 213,185.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.84133230 % 7.15866770 %
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 9.01694717
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 12.05
POOL TRADING FACTOR: 21.17880911
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-KS4(POOL # 4190)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4190
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WAL0 98,996,689.00 11,791,329.25 7.125000 % 521,617.33
R 4,664,765.74 6,219,687.28 0.000000 % 0.00
-------------------------------------------------------------------------------
103,661,454.74 18,011,016.53 521,617.33
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 74,368.99 595,986.32 0.00 0.00 11,269,711.92
R 70,899.36 70,899.36 0.00 0.00 6,219,687.28
-------------------------------------------------------------------------------
145,268.35 666,885.68 0.00 0.00 17,489,399.20
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 119.108319 5.269038 0.751227 6.020265 0.000000 113.839281
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:28:57 rept2.frg
Page: 2 of 2
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 6,377.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 11,105.31
MASTER SERVICER ADVANCES THIS MONTH 1,524.08
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 232,167.17
(B) TWO MONTHLY PAYMENTS: 2 158,227.23
(C) THREE OR MORE MONTHLY PAYMENTS: 4 306,712.97
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 542,013.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 17,489,399.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 206
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 167,374.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 503,133.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 65.46731680 % 34.53268320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 64.43738740 % 35.56261260 %
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 10.38243569
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 2.84
POOL TRADING FACTOR: 16.87165132
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS1(POOL # 4202)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4202
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WAM8 77,178,720.00 6,844,402.33 7.425000 % 46,842.40
R 0.00 754,862.19 0.000000 % 0.00
-------------------------------------------------------------------------------
77,178,720.00 7,599,264.52 46,842.40
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 45,574.00 92,416.40 0.00 0.00 6,797,559.93
R 0.00 0.00 0.00 0.00 738,812.77
-------------------------------------------------------------------------------
45,574.00 92,416.40 0.00 0.00 7,536,372.70
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 88.682506 0.606934 0.590500 1.197434 0.000000 88.075572
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:28:59 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS1 (POOL # 4202)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4202
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,068.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,899.50
MASTER SERVICER ADVANCES THIS MONTH 2,269.10
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 72,434.09
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 4 483,886.82
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 619,694.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,536,372.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 71
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 231,984.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION -75,561.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 90.06664150 % 9.93335850 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 90.19670600 % 9.80329400 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 76,078.00
SPECIAL HAZARD AMOUNT AVAILABLE 914,736.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.50033494
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 305.12
POOL TRADING FACTOR: 9.76483246
................................................................................
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Page: 1 of 2
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 1,647,022.66 7.040000 % 758,927.05
A-3 76110WAQ9 12,000,000.00 12,000,000.00 7.410000 % 0.00
A-4 76110WAR7 14,086,733.00 14,086,733.00 7.980000 % 0.00
A-5 76110WAU0 352,608.35 137,689.21 0.000000 % 543.94
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 3,044,541.77 7.980000 % 3,075.84
B-2 904,165.00 475,529.60 7.980000 % 0.00
B-3 904,163.45 0.00 7.980000 % 0.00
SPRED 0.00 0.00 1.408972 % 0.00
-------------------------------------------------------------------------------
100,462,675.80 31,391,516.24 762,546.83
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-1 0.00 0.00 0.00 0.00 0.00
A-2 9,640.18 768,567.23 0.00 0.00 888,095.61
A-3 73,928.58 73,928.58 0.00 0.00 12,000,000.00
A-4 93,460.06 93,460.06 0.00 0.00 14,086,733.00
A-5 0.00 543.94 0.00 0.00 137,145.27
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
B-1 20,199.36 23,275.20 0.00 0.00 3,041,465.93
B-2 0.00 0.00 0.00 0.00 462,723.05
B-3 0.00 0.00 0.00 0.00 0.00
SPRED 36,772.88 36,772.88 0.00 0.00 0.00
-------------------------------------------------------------------------------
234,001.06 996,547.89 0.00 0.00 30,616,162.86
===============================================================================
-------------------------------------------------------------------------------
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 58.822238 27.104538 0.344292 27.448830 0.000000 31.717700
A-3 1000.000000 0.000000 6.160715 6.160715 0.000000 1000.000000
A-4 1000.000000 0.000000 6.634616 6.634616 0.000000 1000.000000
A-5 390.487661 1.542618 0.000000 1.542618 0.000000 388.945043
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-1 947.037479 0.956773 6.283228 7.240001 0.000000 946.080706
B-2 525.932324 0.000000 0.000000 0.000000 0.000000 511.768372
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 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:01 rept2.frg
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 11,971.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 28,314.27
MASTER SERVICER ADVANCES THIS MONTH 4,257.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 629,363.06
(B) TWO MONTHLY PAYMENTS: 6 428,392.70
(C) THREE OR MORE MONTHLY PAYMENTS: 7 630,003.46
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,505,092.39
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 30,616,162.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 338
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 504,953.70
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 680,251.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 88.73715090 % 11.26284910 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 88.50294640 % 11.49705360 %
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 9.74651422
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.04
POOL TRADING FACTOR: 30.47516166
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS3(POOL # 4210)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4210
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WAV8 143,731,008.00 15,000,704.71 6.975000 % 460,522.29
R 0.00 1,489,857.61 0.000000 % 0.00
-------------------------------------------------------------------------------
143,731,008.00 16,490,562.32 460,522.29
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 92,002.33 552,524.62 0.00 0.00 14,540,182.42
R 0.00 0.00 50,979.18 0.00 1,540,836.79
-------------------------------------------------------------------------------
92,002.33 552,524.62 50,979.18 0.00 16,081,019.21
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 104.366517 3.204057 0.640101 3.844158 0.000000 101.162461
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:01 rept2.frg
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 6,630.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 22,407.24
MASTER SERVICER ADVANCES THIS MONTH 1,607.80
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,310,608.94
(B) TWO MONTHLY PAYMENTS: 1 39,488.33
(C) THREE OR MORE MONTHLY PAYMENTS: 6 459,534.70
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 441,130.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 16,081,019.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 157
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 195,308.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 400,644.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 90.96539230 % 9.03460770 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 90.41828900 % 9.58171100 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 242,806.00
SPECIAL HAZARD AMOUNT AVAILABLE 785,689.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.73683302
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 3.72
POOL TRADING FACTOR: 11.18827415
................................................................................
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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 5,870,542.37 7.625000 % 415,707.62
A-I-4 76110WAZ9 11,675,000.00 11,675,000.00 7.900000 % 0.00
A-I-5 76110WBA3 7,071,000.00 7,071,000.00 8.050000 % 0.00
A-II 76110WBB1 223,019,000.00 24,316,779.66 6.910000 % 1,399,924.48
R 1,035.81 6,999,328.56 0.000000 % 0.00
-------------------------------------------------------------------------------
317,942,035.81 55,932,650.59 1,815,632.10
===============================================================================
-------------------------------------------------------------------------------
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 37,233.26 452,940.88 0.00 0.00 5,454,834.75
A-I-4 76,717.97 76,717.97 0.00 0.00 11,675,000.00
A-I-5 47,346.72 47,346.72 0.00 0.00 7,071,000.00
A-II 148,305.22 1,548,229.70 0.00 0.00 22,916,855.18
R 82,199.36 82,199.36 0.00 0.00 6,999,328.56
-------------------------------------------------------------------------------
391,802.53 2,207,434.63 0.00 0.00 54,117,018.49
===============================================================================
-------------------------------------------------------------------------------
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-3 788.098049 55.807171 4.998424 60.805595 0.000000 732.290878
A-I-4 1000.000000 0.000000 6.571132 6.571132 0.000000 1000.000000
A-I-5 1000.000000 0.000000 6.695902 6.695902 0.000000 1000.000000
A-II 109.034565 6.277153 0.664989 6.942142 0.000000 102.757412
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,513.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 574.66
SUBSERVICER ADVANCES THIS MONTH 85,468.33
MASTER SERVICER ADVANCES THIS MONTH 6,711.06
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,364,253.26
(B) TWO MONTHLY PAYMENTS: 7 843,996.35
(C) THREE OR MORE MONTHLY PAYMENTS: 19 1,540,391.56
FORECLOSURES
NUMBER OF LOANS 37
AGGREGATE PRINCIPAL BALANCE 4,361,912.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,117,018.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 571
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 728,133.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,495,387.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 87.48614900 % 12.51385100 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 87.06630790 % 12.93369210 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 678,811.00
SPECIAL HAZARD AMOUNT AVAILABLE 779,338.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.83700400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 300.09
POOL TRADING FACTOR: 17.02103289
Run: 06/26/00 08:29:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,613.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 574.66
SUBSERVICER ADVANCES THIS MONTH 29,340.84
MASTER SERVICER ADVANCES THIS MONTH 2,586.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 728,567.32
(B) TWO MONTHLY PAYMENTS: 4 424,221.58
(C) THREE OR MORE MONTHLY PAYMENTS: 11 740,757.05
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,286,858.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 25,624,668.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 295
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 284,155.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 388,481.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.46779170 %
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 10.35568473
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 288.79
POOL TRADING FACTOR: 26.99543310
Run: 06/26/00 08:29:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-KS4 (POOL # 4223)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4223
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,899.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 56,127.49
MASTER SERVICER ADVANCES THIS MONTH 4,124.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,635,685.94
(B) TWO MONTHLY PAYMENTS: 3 419,774.77
(C) THREE OR MORE MONTHLY PAYMENTS: 8 799,634.51
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 3,075,053.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 28,492,350.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 276
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 443,978.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,106,905.38
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 18.65195970 %
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 11.26987924
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 310.26
POOL TRADING FACTOR: 12.77570423
................................................................................
Run: 06/26/00 08:29:03 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS5(POOL # 4232)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4232
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WBC9 200,011,758.00 22,273,060.91 6.885000 % 607,333.06
R 0.40 2,111,600.10 0.000000 % 0.00
-------------------------------------------------------------------------------
200,011,758.40 24,384,661.01 607,333.06
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 137,594.22 744,927.28 0.00 0.00 21,665,727.85
R 80,801.59 80,801.59 0.00 0.00 2,111,600.10
-------------------------------------------------------------------------------
218,395.81 825,728.87 0.00 0.00 23,777,327.95
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 111.358758 3.036487 0.687931 3.724418 0.000000 108.322271
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:03 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-KS5 (POOL # 4232)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4232
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 9,864.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 44,359.77
MASTER SERVICER ADVANCES THIS MONTH 4,514.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 1,286,608.72
(B) TWO MONTHLY PAYMENTS: 3 371,875.60
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,103,501.45
FORECLOSURES
NUMBER OF LOANS 19
AGGREGATE PRINCIPAL BALANCE 1,753,888.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 23,777,327.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 216
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 464,970.15
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 454,207.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 91.34045740 % 8.65954260 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 91.11927080 % 8.88072920 %
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 11.62356796
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 6.09
POOL TRADING FACTOR: 11.88796506
................................................................................
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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 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 13,725,620.96 7.390000 % 755,483.85
A-I-4 76110WBG0 21,743,601.00 21,743,601.00 7.650000 % 0.00
A-II 76100WBH8 151,859,043.00 25,701,972.06 6.850000 % 1,729,087.99
R 1.60 2,736,026.46 0.000000 % 0.00
-------------------------------------------------------------------------------
273,602,645.60 63,907,220.48 2,484,571.84
===============================================================================
-------------------------------------------------------------------------------
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 84,533.63 840,017.48 0.00 0.00 12,970,137.11
A-I-4 138,625.43 138,625.43 0.00 0.00 21,743,601.00
A-II 156,526.27 1,885,614.26 0.00 0.00 23,972,884.07
R 66,453.87 66,453.87 0.00 0.00 2,736,026.46
-------------------------------------------------------------------------------
446,139.20 2,930,711.04 0.00 0.00 61,422,648.64
===============================================================================
-------------------------------------------------------------------------------
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-3 857.851310 47.217741 5.283352 52.501093 0.000000 810.633569
A-I-4 1000.000000 0.000000 6.375459 6.375459 0.000000 1000.000000
A-II 169.248874 11.386138 1.030734 12.416872 0.000000 157.862736
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4241
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 25,575.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 380.27
SUBSERVICER ADVANCES THIS MONTH 104,350.90
MASTER SERVICER ADVANCES THIS MONTH 12,355.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,302,200.85
(B) TWO MONTHLY PAYMENTS: 10 856,509.22
(C) THREE OR MORE MONTHLY PAYMENTS: 29 3,012,295.48
FORECLOSURES
NUMBER OF LOANS 42
AGGREGATE PRINCIPAL BALANCE 4,613,007.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 61,422,648.64
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 691
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 1,345,714.98
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,171,438.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.71875220 % 4.28124780 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.54557400 % 4.45442600 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 571,476.00
SPECIAL HAZARD AMOUNT AVAILABLE 793,565.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.94271400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 273.79
POOL TRADING FACTOR: 22.44958140
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4241
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,977.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 380.27
SUBSERVICER ADVANCES THIS MONTH 38,768.52
MASTER SERVICER ADVANCES THIS MONTH 3,541.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 999,665.24
(B) TWO MONTHLY PAYMENTS: 7 498,876.80
(C) THREE OR MORE MONTHLY PAYMENTS: 15 1,320,180.01
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,332,275.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 35,931,174.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 454
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 396,718.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 705,685.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 3.31847080 %
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 10.35428226
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 242.12
POOL TRADING FACTOR: 29.51380901
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-KS1 (POOL # 4241)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4241
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,597.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 65,582.38
MASTER SERVICER ADVANCES THIS MONTH 8,814.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,302,535.61
(B) TWO MONTHLY PAYMENTS: 3 357,632.42
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,692,115.47
FORECLOSURES
NUMBER OF LOANS 26
AGGREGATE PRINCIPAL BALANCE 3,280,731.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 25,491,474.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 237
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 948,996.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,465,753.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.57883560 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 3,909,309.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,270,558.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.77212919
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.42
POOL TRADING FACTOR: 16.78627356
................................................................................
Run: 06/26/00 08:29:35 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS2(POOL # 4251)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4251
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A-I 76110WBK1 250,104,875.00 44,220,291.53 6.855000 % 1,877,270.59
A-II 76110WBL9 115,163,718.00 14,933,865.02 6.850000 % 334,345.17
SB-I 797KS2SBI 0.22 3,761,113.83 0.000000 % 162,508.43
SB-II 97KS2SBII 0.37 1,274,905.27 0.000000 % 59,247.50
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 64,190,175.65 2,433,371.69
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I 269,448.98 2,146,719.57 0.00 0.00 42,343,020.94
A-II 90,930.64 425,275.81 0.00 0.00 14,599,519.85
SB-I 42,671.33 205,179.76 0.00 0.00 3,598,605.40
SB-II 0.00 59,247.50 0.00 0.00 1,215,657.77
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
403,050.95 2,836,422.64 0.00 0.00 61,756,803.96
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I 176.806996 7.505934 1.077344 8.583278 0.000000 169.301062
A-II 129.675086 2.903216 0.789577 3.692793 0.000000 126.771870
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:36 rept2.frg
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 25,675.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 189.43
SUBSERVICER ADVANCES THIS MONTH 161,217.78
MASTER SERVICER ADVANCES THIS MONTH 9,024.13
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,349,093.10
(B) TWO MONTHLY PAYMENTS: 9 1,142,397.25
(C) THREE OR MORE MONTHLY PAYMENTS: 29 3,482,598.75
FORECLOSURES
NUMBER OF LOANS 68
AGGREGATE PRINCIPAL BALANCE 8,945,534.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 61,756,803.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 567
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 953,827.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,582,918.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.15453290 % 7.84546710 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.20448140 % 7.79551860 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,501,049.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.35065400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.22
POOL TRADING FACTOR: 16.90723075
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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 19,090.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 127,097.22
MASTER SERVICER ADVANCES THIS MONTH 8,023.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,050,126.83
(B) TWO MONTHLY PAYMENTS: 6 779,255.72
(C) THREE OR MORE MONTHLY PAYMENTS: 23 2,857,603.03
FORECLOSURES
NUMBER OF LOANS 51
AGGREGATE PRINCIPAL BALANCE 6,759,903.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 45,941,626.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 421
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 847,322.55
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,392,536.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 7.83869040 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,132,276.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.38538815
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.51
POOL TRADING FACTOR: 18.36894475
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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 6,585.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 189.43
SUBSERVICER ADVANCES THIS MONTH 34,120.56
MASTER SERVICER ADVANCES THIS MONTH 1,001.10
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 298,966.27
(B) TWO MONTHLY PAYMENTS: 3 363,141.53
(C) THREE OR MORE MONTHLY PAYMENTS: 6 624,995.72
FORECLOSURES
NUMBER OF LOANS 17
AGGREGATE PRINCIPAL BALANCE 2,185,630.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 15,815,177.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 146
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 106,504.78
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 190,381.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 7.86552740 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 7,503,146.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,132,276.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 12.24975389
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.36
POOL TRADING FACTOR: 13.73277786
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3(POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4259
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A-I-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 16,123,760.44 6.900000 % 1,319,661.29
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 12,021,350.12 6.840000 % 2,351,688.31
A-II-2 76110WBW5 60,012,000.00 5,850,462.02 6.820000 % 304,053.33
M-II-1 76110WBZ8 15,751,000.00 15,751,000.00 7.030000 % 0.00
M-II-2 76110WCA2 9,226,000.00 9,226,000.00 7.190000 % 0.00
B-II 76110WCC8 5,901,000.00 5,901,000.00 7.660000 % 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
-------------------------------------------------------------------------------
450,045,157.80 128,816,117.58 3,975,402.93
===============================================================================
-------------------------------------------------------------------------------
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 92,711.62 1,412,372.91 0.00 0.00 14,804,099.15
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 73,089.81 2,424,778.12 0.00 0.00 9,669,661.81
A-II-2 35,466.80 339,520.13 0.00 0.00 5,546,408.69
M-II-1 98,426.25 98,426.25 0.00 0.00 15,751,000.00
M-II-2 58,964.39 58,964.39 0.00 0.00 9,226,000.00
B-II 40,179.25 40,179.25 0.00 0.00 5,901,000.00
SB-I 91,161.59 91,161.59 0.00 0.00 2,500,525.00
SB-II 161,160.23 161,160.23 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
-------------------------------------------------------------------------------
987,305.62 4,962,708.55 0.00 0.00 124,840,714.65
===============================================================================
Run: 06/26/00 08:29:36
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3(POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4259
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-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-4 989.187757 80.960815 5.687829 86.648644 0.000000 908.226942
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 75.553231 14.780174 0.459364 15.239538 0.000000 60.773057
A-II-2 97.488203 5.066542 0.590995 5.657537 0.000000 92.421661
M-II-1 1000.000000 0.000000 6.248889 6.248889 0.000000 1000.000000
M-II-2 1000.000000 0.000000 6.391111 6.391111 0.000000 1000.000000
B-II 1000.000000 0.000000 6.808888 6.808888 0.000000 1000.000000
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:36 rept2.frg
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 51,350.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 193,203.93
MASTER SERVICER ADVANCES THIS MONTH 29,616.30
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 3,649,921.31
(B) TWO MONTHLY PAYMENTS: 15 968,175.81
(C) THREE OR MORE MONTHLY PAYMENTS: 53 3,980,936.17
FORECLOSURES
NUMBER OF LOANS 123
AGGREGATE PRINCIPAL BALANCE 11,101,470.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 124,840,714.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,477
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 37
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,062,829.32
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,505,052.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 57.78281010 % 0.00000000 % 42.21718990 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 56.43845430 % 0.00000000 % 43.56154570 %
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 11.13444400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 292.60
POOL TRADING FACTOR: 27.73959735
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-KS3 (POOL # 4259)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4259
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 30,263.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 84,634.71
MASTER SERVICER ADVANCES THIS MONTH 14,852.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 1,226,907.56
(B) TWO MONTHLY PAYMENTS: 9 416,487.11
(C) THREE OR MORE MONTHLY PAYMENTS: 36 2,117,924.87
FORECLOSURES
NUMBER OF LOANS 64
AGGREGATE PRINCIPAL BALANCE 5,008,391.09
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,746,624.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 967
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 22
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,524,043.82
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,064,971.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.34908660 % 0.00000000 % 24.65091340 %
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 10.31041713
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 271.02
POOL TRADING FACTOR: 36.86538665
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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 14,857.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 74,589.08
MASTER SERVICER ADVANCES THIS MONTH 8,759.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,686,598.69
(B) TWO MONTHLY PAYMENTS: 5 497,745.19
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,312,807.10
FORECLOSURES
NUMBER OF LOANS 39
AGGREGATE PRINCIPAL BALANCE 3,968,015.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 35,596,507.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 364
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 934,091.49
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,262,976.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 31.68462100 % 0.00000000 % 68.31537900 %
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 12.31129810
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.81
POOL TRADING FACTOR: 19.60888841
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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 6,229.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 33,980.14
MASTER SERVICER ADVANCES THIS MONTH 6,003.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 736,415.06
(B) TWO MONTHLY PAYMENTS: 1 53,943.51
(C) THREE OR MORE MONTHLY PAYMENTS: 5 550,204.20
FORECLOSURES
NUMBER OF LOANS 20
AGGREGATE PRINCIPAL BALANCE 2,125,064.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 15,497,582.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 146
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 604,694.01
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 177,103.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 37.00672650 % 0.00000000 % 62.99327350 %
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 12.35252522
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.57
POOL TRADING FACTOR: 22.63423723
................................................................................
Run: 06/26/00 08:29:36 REPT1B.FRG
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 14,730,912.91 6.560000 % 2,132,551.04
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 51,812,934.64 6.830000 % 1,994,791.31
A-II-2 76110WCN4 200,020,000.00 50,239,299.19 6.805000 % 2,164,330.30
SB-I 76110WCQ7 768.84 2,000,557.69 0.000000 % 200,788.28
SB-II 76110WCP9 504.57 8,001,610.09 0.000000 % 1,398,379.45
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
-------------------------------------------------------------------------------
600,136,273.41 200,042,314.52 7,890,840.38
===============================================================================
-------------------------------------------------------------------------------
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 80,528.99 2,213,080.03 0.00 0.00 12,598,361.87
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-1 314,562.08 2,309,353.39 0.00 0.00 49,818,143.33
A-II-2 303,891.94 2,468,222.24 0.00 0.00 48,074,968.89
SB-I 0.00 200,788.28 0.00 0.00 1,799,769.41
SB-II 86,212.23 1,484,591.68 0.00 0.00 6,603,230.64
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,199,806.79 9,090,647.17 0.00 0.00 192,151,474.14
===============================================================================
-------------------------------------------------------------------------------
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-3 460.341028 66.642220 2.516531 69.158751 0.000000 393.698808
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-1 258.986977 9.970965 1.572339 11.543304 0.000000 249.016012
A-II-2 251.171379 10.820569 1.519308 12.339877 0.000000 240.350809
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:36 rept2.frg
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 79,659.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 245,103.74
MASTER SERVICER ADVANCES THIS MONTH 36,703.74
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 62 4,892,626.20
(B) TWO MONTHLY PAYMENTS: 26 2,922,591.20
(C) THREE OR MORE MONTHLY PAYMENTS: 47 4,062,759.10
FORECLOSURES
NUMBER OF LOANS 144
AGGREGATE PRINCIPAL BALANCE 14,114,947.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 192,151,474.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,195
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 49
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,874,280.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,569,880.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 102,207.08
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.99997400 % 5.00002600 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.62688750 % 4.37311250 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,993,552.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,544,333.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.98668900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.96
POOL TRADING FACTOR: 32.01797369
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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 36,349.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 64,093.72
MASTER SERVICER ADVANCES THIS MONTH 12,652.74
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,375,661.20
(B) TWO MONTHLY PAYMENTS: 14 1,034,895.27
(C) THREE OR MORE MONTHLY PAYMENTS: 19 1,480,121.33
FORECLOSURES
NUMBER OF LOANS 44
AGGREGATE PRINCIPAL BALANCE 3,328,778.19
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,655,131.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,101
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 20
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,365,237.04
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,702,865.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.77687330 % 2.22312670 %
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 10.13733819
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 284.57
POOL TRADING FACTOR: 43.81534798
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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 21,647.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 81,642.75
MASTER SERVICER ADVANCES THIS MONTH 8,035.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,751,242.29
(B) TWO MONTHLY PAYMENTS: 7 703,627.13
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,156,590.78
FORECLOSURES
NUMBER OF LOANS 43
AGGREGATE PRINCIPAL BALANCE 4,903,092.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 51,781,113.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 498
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 832,368.94
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,371,938.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 102,207.08
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.70397720 % 5.29602280 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 168,119.00
FRAUD AMOUNT AVAILABLE 12,002,415.14
SPECIAL HAZARD AMOUNT AVAILABLE 4,000,805.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.60245166
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.97
POOL TRADING FACTOR: 25.88791848
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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 21,663.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 99,367.27
MASTER SERVICER ADVANCES THIS MONTH 16,015.23
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 1,765,722.71
(B) TWO MONTHLY PAYMENTS: 5 1,184,068.80
(C) THREE OR MORE MONTHLY PAYMENTS: 18 1,426,046.99
FORECLOSURES
NUMBER OF LOANS 57
AGGREGATE PRINCIPAL BALANCE 5,883,076.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 52,715,229.16
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 596
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 1,676,674.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,495,076.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 90.77734440 % 9.22265560 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.79414371
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.53
POOL TRADING FACTOR: 26.34969366
................................................................................
Run: 06/26/00 08:29:37 REPT1B.FRG
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 24,191,615.76 6.285000 % 4,570,866.53
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 41,872,795.21 6.830000 % 3,211,973.98
A-II-2 76110WDB9 325,000,000.00 108,732,351.79 6.805000 % 5,471,586.74
SB-I 76110WDC7 33.88 3,424,032.30 0.000000 % 0.00
SB-II 76110WDD5 73,292.19 8,382,039.92 0.000000 % 432,680.57
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
-------------------------------------------------------------------------------
855,521,326.07 362,050,834.98 13,687,107.82
===============================================================================
-------------------------------------------------------------------------------
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-3 126,703.59 4,697,570.12 0.00 0.00 19,620,749.23
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-1 254,214.39 3,466,188.37 0.00 0.00 38,660,821.23
A-II-2 657,709.91 6,129,296.65 0.00 0.00 103,260,765.05
SB-I 246,418.46 246,418.46 0.00 0.00 3,424,032.30
SB-II 421,432.82 854,113.39 0.00 0.00 7,949,359.35
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
-------------------------------------------------------------------------------
2,670,475.40 16,357,583.22 0.00 0.00 348,363,727.16
===============================================================================
Run: 06/26/00 08:29:37
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-3 241.916158 45.708665 1.267036 46.975701 0.000000 196.207492
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-1 279.151968 21.413160 1.694763 23.107923 0.000000 257.738808
A-II-2 334.561082 16.835652 2.023723 18.859375 0.000000 317.725431
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:37 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 143,963.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 375,516.75
MASTER SERVICER ADVANCES THIS MONTH 80,151.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 90 7,687,344.84
(B) TWO MONTHLY PAYMENTS: 44 3,449,471.09
(C) THREE OR MORE MONTHLY PAYMENTS: 80 6,263,377.09
FORECLOSURES
NUMBER OF LOANS 229
AGGREGATE PRINCIPAL BALANCE 22,443,406.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 348,363,727.16
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,937
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 86
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 8,621,220.68
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 12,686,759.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 55,569.58
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.73911200 % 3.26088800 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.73519640 % 3.26480360 %
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 10.71957600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.51
POOL TRADING FACTOR: 40.71946736
Run: 06/26/00 08:29:37 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 81,872.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 122,312.96
MASTER SERVICER ADVANCES THIS MONTH 33,830.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 2,773,602.76
(B) TWO MONTHLY PAYMENTS: 19 1,521,848.29
(C) THREE OR MORE MONTHLY PAYMENTS: 34 1,642,132.68
FORECLOSURES
NUMBER OF LOANS 90
AGGREGATE PRINCIPAL BALANCE 7,913,545.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,492,781.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,438
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 42
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,796,925.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,882,695.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 55,569.58
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.31381330 % 1.68618670 %
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 9.85640217
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.15
POOL TRADING FACTOR: 52.17342813
Run: 06/26/00 08:29:37 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 17,002.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 75,287.91
MASTER SERVICER ADVANCES THIS MONTH 26,095.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,901,545.42
(B) TWO MONTHLY PAYMENTS: 9 649,125.05
(C) THREE OR MORE MONTHLY PAYMENTS: 15 1,018,981.87
FORECLOSURES
NUMBER OF LOANS 46
AGGREGATE PRINCIPAL BALANCE 4,380,627.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 41,493,884.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 476
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 22
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,686,877.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,353,854.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 44.57728200 % 55.42271800 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 215,014.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.79683139
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.61
POOL TRADING FACTOR: 27.64972634
Run: 06/26/00 08:29:37 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 45,089.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 177,915.88
MASTER SERVICER ADVANCES THIS MONTH 20,224.51
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,012,196.66
(B) TWO MONTHLY PAYMENTS: 16 1,278,497.75
(C) THREE OR MORE MONTHLY PAYMENTS: 31 3,602,262.54
FORECLOSURES
NUMBER OF LOANS 93
AGGREGATE PRINCIPAL BALANCE 10,149,232.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 108,377,061.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,023
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 22
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,137,417.82
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,450,209.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 22.29908310 % 77.70091690 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 6,015,118.00
FRAUD AMOUNT AVAILABLE 3,676,538.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,676,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.88803602
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.47
POOL TRADING FACTOR: 33.34642802
................................................................................
Run: 06/26/00 08:29:37 REPT1B.FRG
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 50,353,633.10 6.240000 % 3,644,504.11
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 370,000,000.00 160,035,819.10 6.775000 % 13,420,089.20
A-II-2 76110WDM5 75,000,000.00 30,537,416.76 6.760000 % 2,742,955.66
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 8.972861 % 0.00
B-I-2 76110WDS2 5,425,000.00 5,425,000.00 9.442861 % 0.00
B-I-3 76110WDT0 5,426,154.06 3,178,485.75 9.442861 % 0.00
SB-I 76110WDX1 0.00 0.00 0.000000 % 0.00
SB-II 76110WDY9 202,335.73 8,904,046.71 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
846,983,489.79 450,364,401.42 19,807,548.97
===============================================================================
-------------------------------------------------------------------------------
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-3 261,838.89 3,906,343.00 0.00 0.00 46,709,128.99
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-1 963,771.27 14,383,860.47 0.00 0.00 146,615,729.90
A-II-2 183,495.94 2,926,451.60 0.00 0.00 27,794,461.10
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 76,613.27 76,613.27 0.00 0.00 10,246,000.00
B-I-2 42,689.60 42,689.60 0.00 0.00 5,425,000.00
B-I-3 25,011.66 25,011.66 0.00 0.00 3,022,569.23
SB-I 542,765.09 542,765.09 0.00 0.00 0.00
SB-II 311,953.42 311,953.42 0.00 0.00 8,904,046.71
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
3,407,368.26 23,214,917.23 0.00 0.00 430,400,935.93
===============================================================================
Run: 06/26/00 08:29:37
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-3 699.356015 50.618113 3.636651 54.254764 0.000000 648.737903
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-1 432.529241 36.270511 2.604787 38.875298 0.000000 396.258730
A-II-2 407.165557 36.572742 2.446613 39.019355 0.000000 370.592815
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 7.477383 7.477383 0.000000 1000.000000
B-I-2 1000.000000 0.000000 7.869051 7.869051 0.000000 1000.000000
B-I-3 585.771380 0.000000 4.609464 4.609464 0.000000 557.037120
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:37 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 178,471.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,250.39
SUBSERVICER ADVANCES THIS MONTH 543,242.07
MASTER SERVICER ADVANCES THIS MONTH 101,545.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 175 13,695,730.46
(B) TWO MONTHLY PAYMENTS: 55 4,959,053.78
(C) THREE OR MORE MONTHLY PAYMENTS: 220 18,118,563.26
FORECLOSURES
NUMBER OF LOANS 241
AGGREGATE PRINCIPAL BALANCE 20,236,004.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 430,400,935.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,084
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 139
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 10,945,832.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 18,359,347.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 61,152.18
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.69294370 % 9.14459500 % 6.16246140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.01917600 % 9.56875243 % 6.41207150 %
BANKRUPTCY AMOUNT AVAILABLE 151,371.00
FRAUD AMOUNT AVAILABLE 12,053,435.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,017,812.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.79446800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.01
POOL TRADING FACTOR: 50.81574093
Run: 06/26/00 08:29:37 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-KS2 (POOL # 4303)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4303
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 101,412.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,250.39
SUBSERVICER ADVANCES THIS MONTH 248,595.08
MASTER SERVICER ADVANCES THIS MONTH 49,801.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 103 6,906,176.31
(B) TWO MONTHLY PAYMENTS: 28 1,988,866.00
(C) THREE OR MORE MONTHLY PAYMENTS: 121 8,674,559.38
FORECLOSURES
NUMBER OF LOANS 138
AGGREGATE PRINCIPAL BALANCE 9,626,253.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 247,086,698.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,318
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 5,272,383.44
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,110,634.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 61,152.18
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.07151530 % 0.00000000 % 23.92848470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 151,371.00
FRAUD AMOUNT AVAILABLE 12,053,435.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,017,812.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.01470079
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.95
POOL TRADING FACTOR: 61.49783177
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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 12,578.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 59,035.44
MASTER SERVICER ADVANCES THIS MONTH 8,993.54
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 825,325.84
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 25 2,253,153.48
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 2,797,016.02
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,585,707.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 283
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 1,004,733.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,675,817.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.62120670 % 0.00000000 % 5.37879330 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.90137136
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.87
POOL TRADING FACTOR: 39.40561032
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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 64,480.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 235,611.55
MASTER SERVICER ADVANCES THIS MONTH 42,749.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 63 5,964,228.31
(B) TWO MONTHLY PAYMENTS: 27 2,970,187.78
(C) THREE OR MORE MONTHLY PAYMENTS: 74 7,190,850.40
FORECLOSURES
NUMBER OF LOANS 79
AGGREGATE PRINCIPAL BALANCE 7,812,734.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 153,728,529.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,483
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 50
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,668,716.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 12,572,894.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.71294170 % 0.00000000 % 4.28705830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 11.83475264
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.07
POOL TRADING FACTOR: 41.53451152
................................................................................
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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 21,239,081.11 6.740000 % 5,445,362.91
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 7.110000 % 0.00
A-I-7 76110WEF9 45,000,000.00 45,000,000.00 5.980000 % 0.00
A-II 76110WEG7 425,000,000.00 247,674,438.41 6.810000 % 9,664,350.10
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
-------------------------------------------------------------------------------
875,250,839.29 566,739,398.03 15,109,713.01
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 127,245.69 5,572,608.60 0.00 0.00 15,793,718.20
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-6 310,444.72 310,444.72 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 1,499,255.93 11,163,606.03 0.00 0.00 238,010,088.31
SB-I 596,750.71 596,750.71 0.00 0.00 6,076,634.64
SB-II 348,143.99 348,143.99 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
-------------------------------------------------------------------------------
4,033,636.88 19,143,349.89 0.00 0.00 551,629,685.02
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 125.675036 32.221082 0.752933 32.974015 0.000000 93.453954
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 6.320000 6.320000 0.000000 1000.000000
A-I-7 1000.000000 0.000000 4.983333 4.983333 0.000000 1000.000000
A-II 582.763384 22.739647 3.527661 26.267308 0.000000 560.023737
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 228,662.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 625,786.85
MASTER SERVICER ADVANCES THIS MONTH 90,283.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 190 16,401,746.91
(B) TWO MONTHLY PAYMENTS: 83 7,207,237.54
(C) THREE OR MORE MONTHLY PAYMENTS: 271 19,534,000.86
FORECLOSURES
NUMBER OF LOANS 294
AGGREGATE PRINCIPAL BALANCE 26,498,490.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 551,629,685.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,427
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 129
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 9,708,688.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 13,634,293.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.05245860 % 2.94754140 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.97172230 % 3.02827770 %
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 10.31300300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.60
POOL TRADING FACTOR: 63.02532488
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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 103,829.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 281,326.87
MASTER SERVICER ADVANCES THIS MONTH 35,349.93
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 63 6,557,365.35
(B) TWO MONTHLY PAYMENTS: 35 4,001,992.05
(C) THREE OR MORE MONTHLY PAYMENTS: 83 7,982,429.83
FORECLOSURES
NUMBER OF LOANS 122
AGGREGATE PRINCIPAL BALANCE 13,296,125.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 248,638,332.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,281
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 3,899,974.34
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,909,791.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.88535290 % 4.11464710 %
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 10.75769455
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.29
POOL TRADING FACTOR: 58.48528108
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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 124,833.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 344,459.98
MASTER SERVICER ADVANCES THIS MONTH 54,933.68
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 127 9,844,381.56
(B) TWO MONTHLY PAYMENTS: 48 3,205,245.49
(C) THREE OR MORE MONTHLY PAYMENTS: 188 11,551,571.03
FORECLOSURES
NUMBER OF LOANS 172
AGGREGATE PRINCIPAL BALANCE 13,202,364.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 302,991,352.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,146
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 88
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 5,808,714.23
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,724,502.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.02986020 % 1.97013990 %
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 9.94808301
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.85
POOL TRADING FACTOR: 67.31329933
................................................................................
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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 350,000,000.00 259,417,009.67 6.602000 % 4,946,545.02
A-II-1 76110WFA9 300,000,000.00 195,605,910.88 7.160000 % 4,681,893.15
A-II-2 76110WFB7 175,000,000.00 111,303,267.77 7.230000 % 3,515,771.34
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
-------------------------------------------------------------------------------
825,179,106.44 584,079,787.63 13,144,209.51
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I 1,426,869.54 6,373,414.56 0.00 0.00 254,470,464.65
A-II-1 1,244,922.95 5,926,816.10 0.00 0.00 190,924,017.73
A-II-2 715,309.00 4,231,080.34 0.00 0.00 107,787,496.43
SB-I 386,651.42 386,651.42 0.00 0.00 3,500,886.94
SB-II 200,134.71 200,134.71 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
-------------------------------------------------------------------------------
3,973,887.62 17,118,097.13 0.00 0.00 570,935,578.12
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I 741.191456 14.132986 4.076770 18.209756 0.000000 727.058470
A-II-1 652.019703 15.606311 4.149743 19.756054 0.000000 636.413392
A-II-2 636.018673 20.090122 4.087480 24.177602 0.000000 615.928551
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 236,822.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 592,307.90
MASTER SERVICER ADVANCES THIS MONTH 69,440.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 211 18,099,378.04
(B) TWO MONTHLY PAYMENTS: 86 7,674,500.80
(C) THREE OR MORE MONTHLY PAYMENTS: 257 21,704,064.36
FORECLOSURES
NUMBER OF LOANS 248
AGGREGATE PRINCIPAL BALANCE 19,690,844.86
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 570,935,578.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,489
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 94
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 7,922,461.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 11,607,755.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.96041540 % 3.03958460 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.89043740 % 3.10956260 %
BANKRUPTCY AMOUNT AVAILABLE 360,553.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.98825400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 4.57
POOL TRADING FACTOR: 69.18929159
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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 107,044.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 256,903.76
MASTER SERVICER ADVANCES THIS MONTH 26,792.96
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 132 8,944,890.63
(B) TWO MONTHLY PAYMENTS: 36 2,366,953.10
(C) THREE OR MORE MONTHLY PAYMENTS: 141 9,516,226.75
FORECLOSURES
NUMBER OF LOANS 126
AGGREGATE PRINCIPAL BALANCE 7,308,335.58
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 257,971,351.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,727
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 3,065,739.73
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,364,973.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.66844860 % 1.33155140 %
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 9.99770413
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 3.76
POOL TRADING FACTOR: 73.68742721
Run: 06/26/00 08:29:40 rept2.frg
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 82,655.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 225,722.17
MASTER SERVICER ADVANCES THIS MONTH 26,803.34
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 62 5,784,878.35
(B) TWO MONTHLY PAYMENTS: 40 3,349,098.59
(C) THREE OR MORE MONTHLY PAYMENTS: 101 8,932,639.34
FORECLOSURES
NUMBER OF LOANS 98
AGGREGATE PRINCIPAL BALANCE 7,827,952.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 199,364,406.08
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,160
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 2,946,937.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,345,151.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.86349350 % 4.13650650 %
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 10.12454430
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 4.99
POOL TRADING FACTOR: 66.44847515
Run: 06/26/00 08:29:40 rept2.frg
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 47,123.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 109,681.97
MASTER SERVICER ADVANCES THIS MONTH 15,843.98
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 3,369,609.06
(B) TWO MONTHLY PAYMENTS: 10 1,958,449.11
(C) THREE OR MORE MONTHLY PAYMENTS: 15 3,255,198.27
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 4,554,557.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 113,599,820.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 602
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 1,909,784.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,897,630.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.03710490 % 4.96289520 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 13,086,258.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,543,129.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.72760593
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 5.67
POOL TRADING FACTOR: 64.89124944
................................................................................
Run: 06/26/00 08:29:18 REPT1B.FRG
Page: 1 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
DISTRIBUTION SUMMARY FOR POOL# 4328
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A 76110WEY8 241,665,155.00 147,491,980.88 7.210000 % 2,492,409.50
R 4,931,942.62 9,309,107.50 0.000000 % 0.00
-------------------------------------------------------------------------------
246,597,097.62 156,801,088.38 2,492,409.50
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A 945,259.72 3,437,669.22 0.00 0.00 144,999,571.38
R 0.00 0.00 0.00 0.00 9,277,175.04
-------------------------------------------------------------------------------
945,259.72 3,437,669.22 0.00 0.00 154,276,746.42
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A 610.315463 10.313483 3.911444 14.224927 0.000000 600.001980
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-RS1 (POOL # 4328)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4328
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 46,741.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SPREAD 0.00
SUBSERVICER ADVANCES THIS MONTH 124,708.37
MASTER SERVICER ADVANCES THIS MONTH 5,725.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,239,735.25
(B) TWO MONTHLY PAYMENTS: 17 1,991,926.14
(C) THREE OR MORE MONTHLY PAYMENTS: 33 2,667,116.74
FORECLOSURES
NUMBER OF LOANS 55
AGGREGATE PRINCIPAL BALANCE 7,149,534.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 154,276,746.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,098
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 622,800.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,064,120.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.06311040 % 5.93688960 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 93.98666670 % 6.01333330 %
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 8.61603700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 1.07
POOL TRADING FACTOR: 62.56227178
................................................................................
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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 92,815,985.00 6.750000 % 10,529,374.66
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 650,000,000.00 470,762,487.31 6.885000 % 14,126,971.32
SB-I 76110WFS0 1,156.10 5,850,010.40 0.000000 % 0.00
SB-II 76110WFT8 1,689.06 18,525,048.14 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
1,300,002,845.16 1,012,953,530.85 24,656,345.98
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 556,845.03 11,086,219.69 0.00 0.00 82,286,610.34
A-I-2 489,955.23 489,955.23 0.00 0.00 98,000,000.00
A-I-3 478,572.94 478,572.94 0.00 0.00 94,000,000.00
A-I-4 198,848.50 198,848.50 0.00 0.00 38,000,000.00
A-I-5 308,821.78 308,821.78 0.00 0.00 58,000,000.00
A-I-6 200,831.65 200,831.65 0.00 0.00 36,000,000.00
A-I-7 206,981.09 206,981.09 0.00 0.00 36,000,000.00
A-I-8 342,302.05 342,302.05 0.00 0.00 65,000,000.00
A-II 2,881,066.42 17,008,037.74 0.00 0.00 456,635,515.99
SB-I 854,839.54 854,839.54 0.00 0.00 5,850,010.40
SB-II 713,551.75 713,551.75 0.00 0.00 18,525,048.14
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
7,232,615.98 31,888,961.96 0.00 0.00 988,297,184.87
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 412.515489 46.797221 2.474867 49.272088 0.000000 365.718268
A-I-2 1000.000000 0.000000 4.999543 4.999543 0.000000 1000.000000
A-I-3 1000.000000 0.000000 5.091201 5.091201 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.232855 5.232855 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.324513 5.324513 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.578657 5.578657 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.749475 5.749475 0.000000 1000.000000
A-I-8 1000.000000 0.000000 5.266185 5.266185 0.000000 1000.000000
A-II 724.249980 21.733802 4.432410 26.166212 0.000000 702.516178
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 394,221.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 93,384.22
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 387 33,521,123.32
(B) TWO MONTHLY PAYMENTS: 166 13,712,086.53
(C) THREE OR MORE MONTHLY PAYMENTS: 516 38,485,541.25
FORECLOSURES
NUMBER OF LOANS 378
AGGREGATE PRINCIPAL BALANCE 30,317,405.56
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 988,297,184.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 138
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 10,552,635.95
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 21,672,792.64
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 460,988.72
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.59366470 % 2.40633530 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.53363070 % 2.46636930 %
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 10.05694500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.96
POOL TRADING FACTOR: 76.02269399
Run: 06/26/00 08:29:40 rept2.frg
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 196,341.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 491,501.97
MASTER SERVICER ADVANCES THIS MONTH 39,999.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 212 16,340,058.06
(B) TWO MONTHLY PAYMENTS: 80 5,817,134.26
(C) THREE OR MORE MONTHLY PAYMENTS: 273 17,987,180.89
FORECLOSURES
NUMBER OF LOANS 191
AGGREGATE PRINCIPAL BALANCE 14,378,070.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 513,136,620.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,615
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 67
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 4,481,688.70
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,597,651.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 460,988.72
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.88287370 % 1.11712630 %
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 9.97845614
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.67
POOL TRADING FACTOR: 78.94395509
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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 197,879.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 533,515.15
MASTER SERVICER ADVANCES THIS MONTH 53,384.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 175 17,181,065.26
(B) TWO MONTHLY PAYMENTS: 86 7,894,952.27
(C) THREE OR MORE MONTHLY PAYMENTS: 243 20,498,360.36
FORECLOSURES
NUMBER OF LOANS 187
AGGREGATE PRINCIPAL BALANCE 15,939,335.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 475,160,564.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,792
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 71
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 6,070,947.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 13,075,140.91
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.21387290 % 3.78612710 %
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 10.14170602
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.39
POOL TRADING FACTOR: 73.10143529
................................................................................
Run: 06/26/00 08:29:42 REPT1B.FRG
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 38,351,144.74 6.210000 % 2,270,391.73
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 44,460,365.37 6.950000 % 602,199.45
SB-I 2,188,575.75 4,213,540.30 0.000000 % 98,146.90
SB-II 1,438,981.44 2,958,028.70 0.000000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 0.00 0.000000 % 0.00
R-III 0.00 0.00 0.000000 % 0.00
R-IV 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
181,377,797.19 136,578,246.11 2,970,738.08
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 198,467.17 2,468,858.90 0.00 0.00 36,080,753.01
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 276,045.91 878,245.36 0.00 0.00 43,858,165.92
SB-I 133,255.71 231,402.61 0.00 0.00 4,115,393.40
SB-II 0.00 0.00 51,337.69 0.00 3,009,366.39
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
R-IV 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
869,694.34 3,840,432.42 51,337.69 0.00 133,658,845.72
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 632.387579 37.437410 3.272606 40.710016 0.000000 594.950169
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 630.553387 8.540616 3.914985 12.455601 0.000000 622.012771
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:42 rept2.frg
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 37,572.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 98,264.23
MASTER SERVICER ADVANCES THIS MONTH 11,993.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,068,320.66
(B) TWO MONTHLY PAYMENTS: 11 1,436,982.63
(C) THREE OR MORE MONTHLY PAYMENTS: 42 2,919,286.73
FORECLOSURES
NUMBER OF LOANS 45
AGGREGATE PRINCIPAL BALANCE 4,773,622.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 133,658,845.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,189
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 1,413,769.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,664,357.50
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.74911330 % 5.25088670 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.66944390 % 5.33055610 %
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 8.49646500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 275.53
POOL TRADING FACTOR: 73.69085290
Run: 06/26/00 08:29:42 rept2.frg
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 20,788.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 60,915.82
MASTER SERVICER ADVANCES THIS MONTH 5,931.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,001,093.58
(B) TWO MONTHLY PAYMENTS: 7 999,741.54
(C) THREE OR MORE MONTHLY PAYMENTS: 29 1,826,033.52
FORECLOSURES
NUMBER OF LOANS 32
AGGREGATE PRINCIPAL BALANCE 2,992,463.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 86,791,313.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 840
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 678,328.64
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,186,840.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.27417310 % 4.72582690 %
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 8.33195382
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.05
POOL TRADING FACTOR: 79.31308652
Run: 06/26/00 08:29:42 rept2.frg
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 16,783.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 37,348.41
MASTER SERVICER ADVANCES THIS MONTH 6,061.63
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 1,067,227.08
(B) TWO MONTHLY PAYMENTS: 4 437,241.09
(C) THREE OR MORE MONTHLY PAYMENTS: 13 1,093,253.21
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,781,158.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 46,867,532.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 349
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 735,440.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 477,517.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 100.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,158,472.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,161,442.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80111408
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 263.47
POOL TRADING FACTOR: 65.13988637
................................................................................
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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 26,330,456.88 6.535000 % 2,025,177.78
A-I-2 76110WGJ9 25,000,000.00 25,000,000.00 7.110000 % 0.00
A-I-3 76110WGK6 16,250,000.00 16,250,000.00 7.525000 % 0.00
A-I-4 76110WGL4 27,715,000.00 27,715,000.00 7.795000 % 0.00
A-I-5 76110WGM2 12,551,000.00 12,551,000.00 7.555000 % 0.00
A-II 76110WGN0 41,786,000.00 34,293,468.82 6.960000 % 426,002.98
SB-I 76110WGR1 2,561,855.81 3,458,102.11 0.000000 % 0.00
SB-II 76110WGS9 962,705.86 1,812,835.77 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
R-IV 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
170,826,561.67 147,410,863.58 2,451,180.76
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 143,391.28 2,168,569.06 0.00 0.00 24,305,279.10
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 212,162.26 638,165.24 0.00 0.00 33,867,465.84
SB-I 52,986.01 52,986.01 0.00 0.00 3,458,102.11
SB-II 0.00 0.00 2,957.72 0.00 1,815,793.49
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
-------------------------------------------------------------------------------
917,616.61 3,368,797.37 2,957.72 0.00 144,962,640.54
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 598.419475 46.026768 3.258893 49.285661 0.000000 552.392707
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 820.692788 10.194873 5.077353 15.272226 0.000000 810.497914
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:42 rept2.frg
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 41,666.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 265.50
SUBSERVICER ADVANCES THIS MONTH 157,779.99
MASTER SERVICER ADVANCES THIS MONTH 6,887.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,279,926.09
(B) TWO MONTHLY PAYMENTS: 24 1,809,756.53
(C) THREE OR MORE MONTHLY PAYMENTS: 89 6,650,629.72
FORECLOSURES
NUMBER OF LOANS 60
AGGREGATE PRINCIPAL BALANCE 5,006,511.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 144,962,640.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 984
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 795,932.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,956,178.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.42432200 % 3.57567800 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.36189330 % 3.63810670 %
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 8.64649600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 1.79
POOL TRADING FACTOR: 84.85954358
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2 (POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4385
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,342.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 83,606.95
MASTER SERVICER ADVANCES THIS MONTH 2,687.11
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 1,803,866.79
(B) TWO MONTHLY PAYMENTS: 14 815,862.87
(C) THREE OR MORE MONTHLY PAYMENTS: 55 3,367,192.10
FORECLOSURES
NUMBER OF LOANS 42
AGGREGATE PRINCIPAL BALANCE 2,980,572.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,279,381.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 748
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 330,406.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,772,323.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.89311730 % 3.10688270 %
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 8.51216125
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.95
POOL TRADING FACTOR: 85.32261921
Run: 06/26/00 08:29:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS2 (POOL # 4385)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4385
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,323.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 265.50
SUBSERVICER ADVANCES THIS MONTH 74,173.04
MASTER SERVICER ADVANCES THIS MONTH 4,200.45
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,476,059.30
(B) TWO MONTHLY PAYMENTS: 10 993,893.66
(C) THREE OR MORE MONTHLY PAYMENTS: 34 3,283,437.62
FORECLOSURES
NUMBER OF LOANS 18
AGGREGATE PRINCIPAL BALANCE 2,025,939.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 35,683,259.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 236
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 465,526.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 183,855.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.97917110 % 5.02082890 %
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 9.05789299
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 4.36
POOL TRADING FACTOR: 83.47213936
................................................................................
Run: 06/26/00 08:29:40 REPT1B.FRG
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 91,607,012.35 6.710000 % 8,169,595.84
A-I-2 76110WFZ4 70,000,000.00 58,589,832.75 6.625000 % 2,549,667.01
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 500,000,000.00 414,713,091.16 6.835000 % 8,421,732.18
A-II-2 76110WGQ3 75,000,000.00 62,285,374.25 6.880000 % 1,258,699.93
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 1,053,857,883.94 20,399,694.96
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 546,384.94 8,715,980.78 0.00 0.00 83,437,416.51
A-I-2 323,464.70 2,873,131.71 0.00 0.00 56,040,165.74
A-I-3 434,500.00 434,500.00 0.00 0.00 79,000,000.00
A-I-4 419,025.00 419,025.00 0.00 0.00 74,000,000.00
A-I-5 349,250.00 349,250.00 0.00 0.00 60,000,000.00
A-I-6 264,366.67 264,366.67 0.00 0.00 44,000,000.00
A-I-7 270,966.67 270,966.67 0.00 0.00 44,000,000.00
A-I-8 243,750.00 243,750.00 0.00 0.00 39,000,000.00
A-I-9 387,291.67 387,291.67 0.00 0.00 65,000,000.00
A-II-1 2,519,612.42 10,941,344.60 0.00 0.00 406,291,358.98
A-II-2 380,909.67 1,639,609.60 0.00 0.00 61,026,674.32
SB-I 1,005,816.37 1,005,816.37 0.00 0.00 5,850,060.05
SB-II 931,682.60 931,682.60 0.00 0.00 15,812,513.38
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
8,077,020.71 28,476,715.67 0.00 0.00 1,033,458,188.98
===============================================================================
Run: 06/26/00 08:29:40
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-1 523.468642 46.683405 3.122200 49.805605 0.000000 476.785237
A-I-2 836.997611 36.423814 4.620924 41.044738 0.000000 800.573796
A-I-3 1000.000000 0.000000 5.500000 5.500000 0.000000 1000.000000
A-I-4 1000.000000 0.000000 5.662500 5.662500 0.000000 1000.000000
A-I-5 1000.000000 0.000000 5.820833 5.820833 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.008333 6.008333 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.158333 6.158333 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-I-9 1000.000000 0.000000 5.958333 5.958333 0.000000 1000.000000
A-II-1 829.426182 16.843464 5.039225 21.882689 0.000000 812.582718
A-II-2 830.471657 16.782666 5.078796 21.861462 0.000000 813.688991
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:41 rept2.frg
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 403,060.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 959,457.08
MASTER SERVICER ADVANCES THIS MONTH 60,961.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 387 33,600,744.53
(B) TWO MONTHLY PAYMENTS: 148 14,678,666.28
(C) THREE OR MORE MONTHLY PAYMENTS: 457 38,287,358.02
FORECLOSURES
NUMBER OF LOANS 270
AGGREGATE PRINCIPAL BALANCE 22,996,898.75
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,033,458,188.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 74
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 6,839,602.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 18,708,687.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 357,027.75
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.94445020 % 2.05554980 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.90387520 % 2.09612480 %
BANKRUPTCY AMOUNT AVAILABLE 502,557.00
FRAUD AMOUNT AVAILABLE 36,750,215.00
SPECIAL HAZARD AMOUNT AVAILABLE 12,250,072.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.98002300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 2.27
POOL TRADING FACTOR: 84.36344088
Run: 06/26/00 08:29:41 rept2.frg
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 201,906.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 496,781.81
MASTER SERVICER ADVANCES THIS MONTH 22,834.10
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 228 16,743,897.67
(B) TWO MONTHLY PAYMENTS: 79 7,276,669.21
(C) THREE OR MORE MONTHLY PAYMENTS: 262 19,068,206.63
FORECLOSURES
NUMBER OF LOANS 149
AGGREGATE PRINCIPAL BALANCE 12,501,830.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 550,327,642.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 6,717
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 35
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,497,146.46
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,371,325.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 263,397.45
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.95729570 % 1.04270430 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 251,779.00
FRAUD AMOUNT AVAILABLE 19,500,200.00
SPECIAL HAZARD AMOUNT AVAILABLE 6,500,067.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.92945603
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 1.55
POOL TRADING FACTOR: 84.66492212
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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 25,975.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 76,583.54
MASTER SERVICER ADVANCES THIS MONTH 10,764.34
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 2,294,656.98
(B) TWO MONTHLY PAYMENTS: 7 1,095,190.00
(C) THREE OR MORE MONTHLY PAYMENTS: 28 4,047,929.90
FORECLOSURES
NUMBER OF LOANS 20
AGGREGATE PRINCIPAL BALANCE 1,741,366.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 62,972,130.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 424
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 5
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,213,505.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,201,046.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 24,343.52
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.97114860 % 3.02885140 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.93667005
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 6.60
POOL TRADING FACTOR: 83.96244346
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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 175,178.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 386,091.73
MASTER SERVICER ADVANCES THIS MONTH 27,362.76
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 144 14,562,189.88
(B) TWO MONTHLY PAYMENTS: 62 6,306,807.07
(C) THREE OR MORE MONTHLY PAYMENTS: 167 15,171,221.49
FORECLOSURES
NUMBER OF LOANS 101
AGGREGATE PRINCIPAL BALANCE 8,753,702.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 420,158,415.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,185
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 34
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 3,128,951.17
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,136,315.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 69,286.78
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.76441920 % 3.23558080 %
CURRENT PREPAYMENT PERCENTAGE 0.00000000 % 100.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 250,778.00
FRAUD AMOUNT AVAILABLE 17,250,015.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,750,005.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 10.05275367
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 2.57
POOL TRADING FACTOR: 84.03166124
................................................................................
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Page: 1 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
DISTRIBUTION SUMMARY FOR POOL# 4396
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A-I-1A 76110WGV2 155,000,000.00 108,061,356.97 6.830000 % 7,579,811.26
A-I-1B 76110WGW0 75,000,000.00 52,287,753.36 6.960000 % 3,667,650.61
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 7.240000 % 0.00
A-I-7 76110WHC3 70,000,000.00 70,000,000.00 7.505000 % 0.00
A-II-1 76110WHD1 350,000,000.00 314,487,582.71 7.000000 % 5,197,170.16
A-II-2 76110WHE9 400,000,000.00 362,698,804.24 6.950000 % 6,925,863.78
SB-I 76110WHF6 2,496.74 11,968,922.30 0.000000 % 0.00
SB-II 76110WHG4 11,202.85 15,760,442.29 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
-------------------------------------------------------------------------------
1,450,013,699.59 1,335,264,861.87 23,370,495.81
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1A 656,052.50 8,235,863.76 0.00 0.00 100,481,545.71
A-I-1B 303,268.97 3,970,919.58 0.00 0.00 48,620,102.75
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-6 418,311.11 418,311.11 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 1,956,811.63 7,153,981.79 0.00 0.00 309,290,412.55
A-II-2 2,240,672.61 9,166,536.39 0.00 0.00 355,772,940.46
SB-I 0.00 0.00 1,260,827.94 0.00 13,229,750.24
SB-II 0.00 0.00 1,193,845.58 0.00 16,954,287.87
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
-------------------------------------------------------------------------------
8,040,325.16 31,410,820.97 2,454,673.52 0.00 1,314,349,039.58
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1A 697.170045 48.902008 4.232597 53.134605 0.000000 648.268037
A-I-1B 697.170045 48.902008 4.043586 52.945594 0.000000 648.268037
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 6.435556 6.435556 0.000000 1000.000000
A-I-7 1000.000000 0.000000 6.254167 6.254167 0.000000 1000.000000
A-II-1 898.535951 14.849058 5.590890 20.439948 0.000000 883.686893
A-II-2 906.747011 17.314659 5.601682 22.916341 0.000000 889.432351
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 524,488.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 855.10
SUBSERVICER ADVANCES THIS MONTH ***,***.**
MASTER SERVICER ADVANCES THIS MONTH 35,945.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 509 42,486,476.31
(B) TWO MONTHLY PAYMENTS: 213 18,216,162.81
(C) THREE OR MORE MONTHLY PAYMENTS: 557 45,439,162.01
FORECLOSURES
NUMBER OF LOANS 238
AGGREGATE PRINCIPAL BALANCE 20,480,571.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,314,349,039.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
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 3,949,268.64
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 19,877,914.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 38,349.07
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.92330610 % 2.07669400 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.70349910 % 2.29650090 %
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 10.12967200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.74
POOL TRADING FACTOR: 90.64390495
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 239,014.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 513,451.66
MASTER SERVICER ADVANCES THIS MONTH 20,652.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 283 19,979,212.13
(B) TWO MONTHLY PAYMENTS: 118 7,868,131.90
(C) THREE OR MORE MONTHLY PAYMENTS: 298 20,079,022.63
FORECLOSURES
NUMBER OF LOANS 128
AGGREGATE PRINCIPAL BALANCE 8,596,427.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 632,331,398.69
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,137
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 30
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 2,210,694.18
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,463,966.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 38,349.07
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.13660500 % 1.86339500 %
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 10.18415907
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.00
POOL TRADING FACTOR: 90.33273476
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 152,756.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 320,832.24
MASTER SERVICER ADVANCES THIS MONTH 6,984.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 121 11,895,466.19
(B) TWO MONTHLY PAYMENTS: 62 6,214,769.70
(C) THREE OR MORE MONTHLY PAYMENTS: 155 12,413,668.85
FORECLOSURES
NUMBER OF LOANS 69
AGGREGATE PRINCIPAL BALANCE 6,904,312.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 364,557,863.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,746
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 805,368.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,944,382.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.81476670 % 2.18523330 %
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 10.08570248
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.53
POOL TRADING FACTOR: 91.13768921
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-KS3 (POOL # 4396)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4396
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 132,717.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 855.10
SUBSERVICER ADVANCES THIS MONTH 279,917.88
MASTER SERVICER ADVANCES THIS MONTH 8,308.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 105 10,611,797.99
(B) TWO MONTHLY PAYMENTS: 33 4,133,261.21
(C) THREE OR MORE MONTHLY PAYMENTS: 104 12,946,470.53
FORECLOSURES
NUMBER OF LOANS 41
AGGREGATE PRINCIPAL BALANCE 4,979,831.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 317,459,776.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,787
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 933,206.27
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,469,565.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 112.58863030 % 2.37705290 %
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 10.07163501
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.57
POOL TRADING FACTOR: 90.70191110
................................................................................
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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-RS3(POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4399
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A-I 07383GAPI 119,817,000.00 108,985,550.70 7.010000 % 1,260,699.15
A-II 07383GAQ9 258,025,000.00 236,393,145.55 6.456901 % 2,239,716.67
SB-I 22.71 117,164.44 0.000000 % 0.00
SB-II 314.09 1,620,439.13 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
-------------------------------------------------------------------------------
377,842,336.80 347,116,299.82 3,500,415.82
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I 679,101.08 1,939,800.23 0.00 0.00 107,724,851.55
A-II 1,356,770.87 3,596,487.54 0.00 0.00 234,153,428.88
SB-I 0.00 0.00 4,155.59 0.00 121,320.03
SB-II 0.00 0.00 57,473.75 0.00 1,677,912.88
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
-------------------------------------------------------------------------------
2,035,871.95 5,536,287.77 61,629.34 0.00 343,677,513.34
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I 909.600063 10.521872 5.667819 16.189691 0.000000 899.078191
A-II 916.163727 8.680231 5.258292 13.938523 0.000000 907.483495
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 93,241.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,045.28
SUBSERVICER ADVANCES THIS MONTH 84,502.88
MASTER SERVICER ADVANCES THIS MONTH 2,803.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,610,077.88
(B) TWO MONTHLY PAYMENTS: 11 1,176,452.52
(C) THREE OR MORE MONTHLY PAYMENTS: 37 3,125,959.76
FORECLOSURES
NUMBER OF LOANS 21
AGGREGATE PRINCIPAL BALANCE 2,029,460.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 343,677,513.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,653
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 354,113.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,080,379.76
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.49941750 % 0.50058250 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.47647640 % 0.52352360 %
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 7.85722200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 313.12
POOL TRADING FACTOR: 90.95791548
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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 32,228.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 64,770.56
MASTER SERVICER ADVANCES THIS MONTH 2,803.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 1,655,407.66
(B) TWO MONTHLY PAYMENTS: 10 814,622.49
(C) THREE OR MORE MONTHLY PAYMENTS: 37 3,125,959.76
FORECLOSURES
NUMBER OF LOANS 20
AGGREGATE PRINCIPAL BALANCE 1,643,940.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 108,292,372.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,047
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 354,113.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,108,154.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.49962980 % 0.50037020 %
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 8.67803770
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 292.49
POOL TRADING FACTOR: 90.38145840
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
BEAR STEARNS ASSET BACKED SECURITIES, INC. (DEPOSITOR)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-RS3 (POOL # 4399)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4399
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 61,013.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,045.28
SUBSERVICER ADVANCES THIS MONTH 19,732.32
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 1,954,670.22
(B) TWO MONTHLY PAYMENTS: 1 361,830.03
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 385,520.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 235,385,140.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 606
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,972,225.45
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 7.47959392
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.61
POOL TRADING FACTOR: 91.22559995
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ASSET SECURITIES CORPORATION (DEPOSITOR)
HOME EQUITY MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES
SERIES 1999-KS4(POOL # 4407)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4407
-------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
-------------------------------------------------------------------------------
A-I-1 76110WHH2 117,000,000.00 94,819,766.87 6.810000 % 3,995,986.69
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 7.220000 % 0.00
A-I-6 76110WHN9 35,000,000.00 35,000,000.00 7.170000 % 0.00
A-II 76110WHP4 500,000,000.00 468,599,698.68 6.940000 % 7,644,376.21
SB-I 76110WHQ2 2,204.14 4,375,027.55 0.000000 % 0.00
SB-II 76110WHR0 3,820.39 7,630,830.95 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
-------------------------------------------------------------------------------
850,006,024.53 808,425,324.05 11,640,362.90
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 573,975.66 4,569,962.35 0.00 0.00 90,823,780.18
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-5 192,533.33 192,533.33 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 2,890,739.47 10,535,115.68 0.00 0.00 460,955,322.47
SB-I 753,637.81 753,637.81 0.00 0.00 4,375,027.55
SB-II 0.00 0.00 892,475.75 0.00 8,523,306.70
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
5,600,740.44 17,241,103.34 892,475.75 0.00 797,677,436.90
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 810.425358 34.153732 4.905775 39.059507 0.000000 776.271626
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 6.417778 6.417778 0.000000 1000.000000
A-I-6 1000.000000 0.000000 5.975000 5.975000 0.000000 1000.000000
A-II 937.199397 15.288752 5.781479 21.070231 0.000000 921.910645
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 319,740.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,005.63
SUBSERVICER ADVANCES THIS MONTH 575,649.63
MASTER SERVICER ADVANCES THIS MONTH 6,520.51
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 310 25,107,957.05
(B) TWO MONTHLY PAYMENTS: 121 10,289,186.41
(C) THREE OR MORE MONTHLY PAYMENTS: 271 21,423,806.54
FORECLOSURES
NUMBER OF LOANS 87
AGGREGATE PRINCIPAL BALANCE 7,759,939.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 797,677,436.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 9,111
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 723,957.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 10,300,133.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.51490820 % 1.48509180 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.38301380 % 1.61698620 %
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 10.32526200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.32
POOL TRADING FACTOR: 93.84373921
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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 123,676.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,636.34
SUBSERVICER ADVANCES THIS MONTH 232,765.89
MASTER SERVICER ADVANCES THIS MONTH 2,153.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 132 9,983,423.35
(B) TWO MONTHLY PAYMENTS: 50 3,607,775.56
(C) THREE OR MORE MONTHLY PAYMENTS: 117 8,626,897.89
FORECLOSURES
NUMBER OF LOANS 37
AGGREGATE PRINCIPAL BALANCE 3,133,111.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 328,198,807.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,070
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 223,975.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,767,751.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.68299330 % 1.31700670 %
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 10.44649154
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.24
POOL TRADING FACTOR: 93.77049740
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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 196,064.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 369.29
SUBSERVICER ADVANCES THIS MONTH 342,883.74
MASTER SERVICER ADVANCES THIS MONTH 4,366.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 178 15,124,533.70
(B) TWO MONTHLY PAYMENTS: 71 6,681,410.85
(C) THREE OR MORE MONTHLY PAYMENTS: 154 12,796,908.65
FORECLOSURES
NUMBER OF LOANS 50
AGGREGATE PRINCIPAL BALANCE 4,626,828.17
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 469,478,629.17
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,041
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 499,981.69
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,532,381.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.39766030 % 1.60233970 %
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 10.24051463
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.37
POOL TRADING FACTOR: 93.89500840
................................................................................
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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 136,984,000.00 117,158,969.09 7.430000 % 3,424,954.49
A-II 07383GBC9 12,675,000.00 11,892,357.66 7.010000 % 159,221.24
SB-I 6,962,910.91 9,106,619.11 0.000000 % 0.00
SB-II 645,059.13 743,243.73 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
-------------------------------------------------------------------------------
157,266,970.04 138,901,189.59 3,584,175.73
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I 723,727.95 4,148,682.44 0.00 0.00 113,734,014.60
A-II 74,102.60 233,323.84 0.00 0.00 11,733,136.42
SB-I 0.00 0.00 397,804.41 0.00 9,504,423.52
SB-II 0.00 0.00 18,493.36 0.00 761,737.09
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
797,830.55 4,382,006.28 416,297.77 0.00 135,733,311.63
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I 855.274843 25.002588 5.283303 30.285891 0.000000 830.272255
A-II 938.253070 12.561834 5.846359 18.408193 0.000000 925.691236
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-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 55,862.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 126,076.24
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 4,526,870.58
(B) TWO MONTHLY PAYMENTS: 15 1,783,062.43
(C) THREE OR MORE MONTHLY PAYMENTS: 58 5,415,226.26
FORECLOSURES
NUMBER OF LOANS 19
AGGREGATE PRINCIPAL BALANCE 1,774,873.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 135,733,311.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,286
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,913,587.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.90872680 % 7.09127320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 92.43652090 % 7.56347910 %
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 11.25812500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.00
POOL TRADING FACTOR: 86.30757723
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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 51,941.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 121,276.87
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,255,207.76
(B) TWO MONTHLY PAYMENTS: 13 1,503,715.75
(C) THREE OR MORE MONTHLY PAYMENTS: 58 5,415,226.26
FORECLOSURES
NUMBER OF LOANS 18
AGGREGATE PRINCIPAL BALANCE 1,661,192.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 123,238,438.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,206
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,780,728.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 92.78772690 % 7.21227320 %
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 11.51036953
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 224.81
POOL TRADING FACTOR: 85.61381230
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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 3,920.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 4,799.37
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 271,662.82
(B) TWO MONTHLY PAYMENTS: 2 279,346.68
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 113,680.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 12,494,873.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 80
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 132,858.76
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.11786030 % 5.88213970 %
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 8.77021048
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.64
POOL TRADING FACTOR: 93.80494026
................................................................................
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Page: 1 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
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 57,575,483.02 7.510000 % 1,181,172.23
A-II-1 76110WHT6 50,000,000.00 42,962,516.56 6.930000 % 1,507,732.30
A-II-2 76110WHU3 77,296,000.00 69,477,586.98 6.960000 % 2,831,852.76
A-II-3 76110WHV1 25,000,000.00 25,000,000.00 7.005000 % 0.00
SB-I 76110WHW9 1,973,950.59 2,380,671.65 0.000000 % 0.00
SB-II 76110WHX7 3,108,143.12 4,182,488.39 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
-------------------------------------------------------------------------------
221,171,093.71 201,578,746.60 5,520,757.29
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I 360,326.56 1,541,498.79 0.00 0.00 56,394,310.79
A-II-1 263,428.35 1,771,160.65 0.00 0.00 41,454,784.26
A-II-2 427,851.96 3,259,704.72 0.00 0.00 66,645,734.22
A-II-3 145,264.33 145,264.33 0.00 0.00 25,000,000.00
SB-I 0.00 0.00 78,968.57 0.00 2,459,640.22
SB-II 0.00 0.00 157,496.27 0.00 4,339,984.66
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
1,196,871.20 6,717,628.49 236,464.84 0.00 196,294,454.15
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I 902.536062 18.515703 5.648371 24.164074 0.000000 884.020359
A-II-1 859.250331 30.154646 5.268567 35.423213 0.000000 829.095685
A-II-2 898.851001 36.636472 5.535241 42.171713 0.000000 862.214529
A-II-3 1000.000000 0.000000 5.810573 5.810573 0.000000 1000.000000
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:44 rept2.frg
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 71,105.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 162,560.97
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 69 8,278,878.03
(B) TWO MONTHLY PAYMENTS: 34 3,519,574.22
(C) THREE OR MORE MONTHLY PAYMENTS: 60 5,191,001.91
FORECLOSURES
NUMBER OF LOANS 33
AGGREGATE PRINCIPAL BALANCE 2,366,529.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 196,294,454.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,113
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,126,343.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.74412100 % 3.25587900 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 96.53600770 % 3.46399230 %
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 9.26896100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.52
POOL TRADING FACTOR: 88.75230974
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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 18,039.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 56,598.33
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,972,035.96
(B) TWO MONTHLY PAYMENTS: 10 1,254,939.82
(C) THREE OR MORE MONTHLY PAYMENTS: 25 1,405,518.27
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 388,361.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 58,853,951.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 473
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,054,990.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 96.02931230 % 3.97068770 %
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 9.38797162
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.36
POOL TRADING FACTOR: 89.48864206
Run: 06/26/00 08:29:44 rept2.frg
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 20,601.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 38,212.83
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,323,280.82
(B) TWO MONTHLY PAYMENTS: 9 1,048,148.16
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,152,591.87
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,143,674.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 52,607,565.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 549
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,414,122.30
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 9.33204709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.50
POOL TRADING FACTOR: 86.83401779
Run: 06/26/00 08:29:44 rept2.frg
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 32,464.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 67,749.81
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,983,561.25
(B) TWO MONTHLY PAYMENTS: 15 1,216,486.24
(C) THREE OR MORE MONTHLY PAYMENTS: 25 2,632,891.77
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 834,492.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 84,832,937.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,091
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,657,231.26
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 9.14727434
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.60
POOL TRADING FACTOR: 89.46725910
................................................................................
Run: 06/26/00 08:29:32 REPT1B.FRG
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 220,000,000.00 203,693,317.12 7.615000 % 7,874,562.79
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 750,000,000.00 730,597,828.43 6.870000 % 9,661,127.72
SB-I 76110WJH0 312.33 3,251,044.64 0.000000 % 0.00
SB-II 76110WJJ6 3,262.36 6,605,600.13 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 1,374,147,790.32 17,535,690.51
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 1,292,603.84 9,167,166.63 0.00 0.00 195,818,754.33
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 4,461,517.41 14,122,645.13 0.00 0.00 720,936,700.71
SB-I 0.00 0.00 1,080,135.28 0.00 4,331,179.92
SB-II 0.00 0.00 1,451,375.97 0.00 8,056,976.10
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
-------------------------------------------------------------------------------
8,579,892.09 26,115,582.60 2,531,511.25 0.00 1,359,143,611.06
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 925.878714 35.793467 5.875472 41.668939 0.000000 890.085247
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 974.130438 12.881504 5.948690 18.830194 0.000000 961.248934
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:32 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-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 540,614.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 29,655.59
SUBSERVICER ADVANCES THIS MONTH 696,232.53
MASTER SERVICER ADVANCES THIS MONTH 677.51
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 439 37,442,000.83
(B) TWO MONTHLY PAYMENTS: 174 14,706,692.45
(C) THREE OR MORE MONTHLY PAYMENTS: 237 20,452,944.24
FORECLOSURES
NUMBER OF LOANS 55
AGGREGATE PRINCIPAL BALANCE 4,594,296.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,359,143,611.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE *,***
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 69,956.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 14,237,158.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.28270850 % 0.71729150 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.08853220 % 0.91146780 %
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 10.38157800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.30
POOL TRADING FACTOR: 97.08143862
Run: 06/26/00 08:29:32 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-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 235,542.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,089.28
SUBSERVICER ADVANCES THIS MONTH 331,565.29
MASTER SERVICER ADVANCES THIS MONTH 677.51
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 230 17,267,612.28
(B) TWO MONTHLY PAYMENTS: 86 6,606,979.14
(C) THREE OR MORE MONTHLY PAYMENTS: 124 9,912,214.92
FORECLOSURES
NUMBER OF LOANS 24
AGGREGATE PRINCIPAL BALANCE 1,839,082.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 630,149,934.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,956
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 69,956.91
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,354,569.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.48958730 % 0.51041270 %
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 10.44341044
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.63
POOL TRADING FACTOR: 96.94609715
Run: 06/26/00 08:29:32 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-KS1 (POOL # 4426)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4426
-------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 305,072.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,566.31
SUBSERVICER ADVANCES THIS MONTH 364,667.24
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 209 20,174,388.55
(B) TWO MONTHLY PAYMENTS: 88 8,099,713.31
(C) THREE OR MORE MONTHLY PAYMENTS: 113 10,540,729.32
FORECLOSURES
NUMBER OF LOANS 31
AGGREGATE PRINCIPAL BALANCE 2,755,213.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 728,993,676.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7,089
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,882,588.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.10396510 % 0.89603490 %
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 10.32812934
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.26
POOL TRADING FACTOR: 97.19873411
................................................................................
Run: 06/26/00 08:29:32 REPT1B.FRG
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 95,808,969.91 6.710000 % 2,405,870.81
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 575,000,000.00 565,566,475.71 6.860000 % 7,207,213.57
SB-I 530.82 1,383,479.29 0.000000 % 0.00
SB-II 3,705.06 3,473,772.81 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
-------------------------------------------------------------------------------
875,004,235.88 866,232,697.72 9,613,084.38
===============================================================================
-------------------------------------------------------------------------------
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
-------------------------------------------------------------------------------
A-I-1 571,447.28 2,977,318.09 0.00 0.00 93,403,099.10
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 3,448,698.69 10,655,912.26 0.00 0.00 558,359,262.14
SB-I 0.00 0.00 581,057.15 0.00 1,964,536.44
SB-II 0.00 0.00 1,099,700.58 0.00 4,573,473.39
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
R-III 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
5,317,875.13 14,930,959.51 1,680,757.73 0.00 858,300,371.07
===============================================================================
-------------------------------------------------------------------------------
AMOUNTS PER $1,000 UNIT
-------------------------------------------------------------------------------
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
-------------------------------------------------------------------------------
A-I-1 958.089699 24.058708 5.714473 29.773181 0.000000 934.030991
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 983.593871 12.534284 5.997737 18.532021 0.000000 971.059586
-------------------------------------------------------------------------------
DETERMINATION DATE 20-June-00
DISTRIBUTION DATE 26-June-00
Run: 06/26/00 08:29:32 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 348,946.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,100.38
SUBSERVICER ADVANCES THIS MONTH 364,975.10
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 264 22,270,100.65
(B) TWO MONTHLY PAYMENTS: 116 10,273,192.72
(C) THREE OR MORE MONTHLY PAYMENTS: 65 6,609,367.96
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,477,742.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 858,300,371.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 8,999
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,475,263.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.43926710 % 0.56073290 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 99.23826090 % 0.76173910 %
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 10.39206700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.00
POOL TRADING FACTOR: 98.09099612
Run: 06/26/00 08:29:32 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 114,031.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,779.86
SUBSERVICER ADVANCES THIS MONTH 128,861.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 127 9,113,778.76
(B) TWO MONTHLY PAYMENTS: 47 3,814,345.61
(C) THREE OR MORE MONTHLY PAYMENTS: 16 1,058,052.71
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 295,367,635.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,826
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,620,052.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.53448370 % 0.46551630 %
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 10.56675392
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.35
POOL TRADING FACTOR: 98.45570431
Run: 06/26/00 08:29:32 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 234,915.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,320.52
SUBSERVICER ADVANCES THIS MONTH 236,113.83
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 137 13,156,321.89
(B) TWO MONTHLY PAYMENTS: 69 6,458,847.11
(C) THREE OR MORE MONTHLY PAYMENTS: 49 5,551,315.25
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,477,742.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 562,932,735.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 5,173
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,855,210.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 99.38953830 % 0.61046170 %
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 10.30040908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.11
POOL TRADING FACTOR: 97.90071448
................................................................................
