SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 25, 1999
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
(Exact name of the registrant
as specified in its charter)
Delaware 333-77561 41-1808858
(State or other (Commission (I.R.S. Employee
jurisdiction of File No.) Identification No.)
Incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
<PAGE>
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the September 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
1995-1 RFM2 1996-HS1 RFM2 1996-HS2 RFM2 1996-HS3 RFM2 1996-RHS4 RFM2 1997-GMACM4
RFM2 1997-HI1 RFM2 1997-HI3 RFM2 1997-HS2 RFM2 1997-HS5 RFM2 1998-HI2 RFM2
1998-HI4 RFM2 1998-HS1 RFM2 1998-HS3 RFM2 1999-HI1 RFM2 1999-HI4 RFM2 1999-HI4
RFM2 1999-HS2 RFM2 1999-HS3 RFM2 1999-HS5 RFM2 1999-HS5 RFM2
Item 7. Financial Statements and Exhibits
(a) See attached monthly reports.
.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated September 25, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By: /s/ Davee Olson
Name: Davee Olson
Title: Chief Financial Officer
Dated: September 25, 1999
<PAGE>
Run: 09/10/99 REPT1HC.FRG
10:43:21
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1995-1 (ISSUER)
SERIES 1995-1
PAYMENT DATE: 09/20/99
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 128,078,000.00 1,181,096.52 172,388.14
525180AF2 35,796,634.05 9.221697 1.345962
5.59250 0.00 34,615,537.53
0.000000 270.269192
CERTIFICATES 6,740,000.00 62,154.24 9,315.10
525180AG0 1,883,768.59 9.221697 1.382062
5.74250 0.00 1,821,614.35
0.000000 270.269191
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.59250 0.00 0.00
- -----------------------------------------------------------------------------
134,818,000.00 1,243,250.76 181,703.24
37,680,402.64 0.00 36,437,151.88
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 315,873.93
SECURITY PRINCIPAL COLLECTIONS: 1,205,932.94
AGGREGATE SECURITY COLLECTIONS: 1,521,806.87
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
FIDELITY LOANS: 12,348,027.12 9.3625
GMACMC LOANS: 12,530,311.13 9.0984
GOAL LINE LOANS: 13,581,092.60 9.7287
TOTAL LOANS: 38,459,430.85 9.4027
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 37,317.82 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 9.494 %
RESIDUAL OWNERSHIP
INTEREST: 93,177.61
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
15:50:37
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS1 (ISSUER)
RFMSII SERIES 1996-HS1
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 162,077,000.00 1,236,924.41 207,247.63
76110VAA6 44,621,027.50 7.631708 1.278699
5.39375 0.00 43,384,103.09
0.000000 267.675877
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.39375 0.00 0.00
CERTIFICATES 14,092,938.00 107,553.19 18,421.54
76110VAB4 3,879,892.73 7.631708 1.307147
5.51375 0.00 3,772,339.54
0.000000 267.675877
VARIABLE FUNDING CERT 0.00 0.00 0.00
76110VAB4
5.51375 0.00 0.00
- -----------------------------------------------------------------------------
176,169,938.00 1,344,477.60 225,669.17
48,500,920.23 0.00 47,156,442.63
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 415,892.92
SECURITY PRINCIPAL COLLECTIONS: 1,314,631.34
AGGREGATE SECURITY COLLECTIONS: 1,730,524.26
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 49,268,794.75 9.8289
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 30,052.68 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 5.993 %
RESIDUAL OWNERSHIP
INTEREST: 153,300.10
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
15:50:38
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-HS1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
1996-HS1 LLC (LIMITED LIABILITY COMPANY)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 92.00037295
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 7.99962705
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 17
CURRENT AMOUNT: 2,112,352.12 616,669.55
TARGET AMOUNT: 2,112,352.12
60 - 89 DAYS DELINQUENT 8
323,428.83
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 9
306,500.38
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 12
YET REIMBURSED: 0.00 735,779.51
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 647,905.41
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/28/99 08:07:11 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC. (COMPANY)
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES SERIES 1996-HS2(POOL # 50025)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 50025
- -------------------------------------------------------------------------------
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
- -------------------------------------------------------------------------------
A-1 76110VAC2 74,000,000.00 0.00 6.950000 % 0.00
A-2 76110VAD0 15,000,000.00 0.00 6.950000 % 0.00
A-3 76110VAE8 41,000,000.00 0.00 7.200000 % 0.00
A-4 76110VAF5 26,500,000.00 2,822,851.13 7.550000 % 1,949,204.92
A-5 76110VAG3 9,374,000.00 9,374,000.00 7.850000 % 0.00
A-6 76110VAH1 12,341,000.00 12,341,000.00 7.950000 % 0.00
A-L 76110VAK4 20,152,179.00 20,152,179.00 7.600000 % 0.00
IO 76110VAJ7 0.00 0.00 1.700000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 2,834,114.97 0.000000 % 125,238.70
- -------------------------------------------------------------------------------
198,367,179.00 47,524,145.10 2,074,443.62
===============================================================================
- -------------------------------------------------------------------------------
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 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 17,760.44 1,966,965.36 0.00 0.00 873,646.21
A-5 61,321.58 61,321.58 0.00 0.00 9,374,000.00
A-6 81,759.13 81,759.13 0.00 0.00 12,341,000.00
A-L 127,630.47 127,630.47 0.00 0.00 20,152,179.00
IO 24,731.69 24,731.69 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 152,239.01 277,477.71 0.00 0.00 2,708,876.27
- -------------------------------------------------------------------------------
465,442.32 2,539,885.94 0.00 0.00 45,449,701.48
===============================================================================
- -------------------------------------------------------------------------------
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 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 106.522684 73.554903 0.670205 74.225108 0.000000 32.967782
A-5 1000.000000 0.000000 6.541666 6.541666 0.000000 1000.000000
A-6 1000.000000 0.000000 6.625000 6.625000 0.000000 1000.000000
A-L 1000.000000 0.000000 6.333333 6.333333 0.000000 1000.000000
IO 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
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
- -------------------------------------------------------------------------------
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:11 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC. (COMPANY)
HOME EQUITY LOAN PASS-THROUGH CERTIFICATES SERIES 1996-HS2 (POOL # 50025)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 50025
- -------------------------------------------------------------------------------
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,581.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,292.96
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 462,010.99
(B) TWO MONTHLY PAYMENTS: 4 112,419.76
(C) THREE OR MORE MONTHLY PAYMENTS: 5 111,416.08
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 45,449,701.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,699
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 0.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.03647350 % 5.96352650 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.03983700 % 5.96016300 %
CLASS IO - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.0000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 0.00000000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 0.00
POOL TRADING FACTOR: 22.91190590
................................................................................
Run: 09/14/1999 REPT1HC.FRG
15:57:59
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS3 (ISSUER)
RFMSII SERIES 1996-HS3
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 247,244,000.00 2,146,582.26 300,652.41
43707QAC2 64,972,270.46 8.682040 1.216015
5.37375 0.00 62,825,688.20
0.000000 254.103995
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.37375 0.00 0.00
CERTIFICATES 21,499,396.00 186,658.61 27,067.95
43707QAD0 5,649,741.02 8.682040 1.259010
5.56375 0.00 5,463,082.41
0.000000 254.103995
VARIABLE FUNDING CERT 0.00 0.00 0.00
5.56375 0.00 0.00
- -----------------------------------------------------------------------------
268,743,396.00 2,333,240.87 327,720.36
70,622,011.48 0.00 68,288,770.61
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 625,483.82
SECURITY PRINCIPAL COLLECTIONS: 2,443,873.48
AGGREGATE SECURITY COLLECTIONS: 3,069,357.30
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 71,503,395.76 9.7788
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 2.447 %
RESIDUAL OWNERSHIP
INTEREST: 397,214.25
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
15:58:00
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
1996-HS3 LLC (LIMITED LIABILITY COMPANY)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 92.00002817
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 7.99997183
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 39
CURRENT AMOUNT: 3,214,625.15 1,183,083.52
TARGET AMOUNT: 3,214,625.15
60 - 89 DAYS DELINQUENT 9
250,388.28
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
281,144.41
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 2
YET REIMBURSED: 0.00 232,324.35
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 829,554.78
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HE.FRG
16:26:06
Page: 1
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4
GMAC MORTGAGE CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING CORPORATION (ADMINISTRATOR)
1996-RHS4 LLC (LIMITED LIABILITY COMPANY)
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 116,693,900.00 1,014,949.32 193,989.95
43707QAE8 42,236,448.02 8.697535 1.662383
5.33375 0.00 41,221,498.70
0.000000 353.244674
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.33375 0.00 0.00
0.000000 0.000000
CERTIFICATES 10,147,353.78 88,256.97 17,596.20
43707QAF5 3,672,755.64 8.697536 1.734068
5.56375 0.00 3,584,498.67
0.000000 353.244673
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
5.56375 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
126,841,253.78 1,103,206.29 211,586.15
45,909,203.66 0.00 44,805,997.37
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 383,638.26
SECURITY PRINCIPAL COLLECTIONS: 1,123,644.64
AGGREGATE SECURITY COLLECTIONS: 1,507,282.90
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
46,790,592.95 9.5530
TOTAL LOANS: 46,790,592.95 9.4221
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 5,047.55 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.538 %
RESIDUAL OWNERSHIP
INTEREST: 187,708.25
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:26:07
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 91.99995786
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 8.00004214
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 17
CURRENT AMOUNT: 1,984,595.58 403,808.52
TARGET AMOUNT: 1,984,595.58
60 - 89 DAYS DELINQUENT 9
332,707.23
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
191,152.00
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 13
YET REIMBURSED: 0.00 377,467.80
REO LOANS 2
ADDITIONAL BALANCES 46,221.40
CURRENT PERIOD: 875,352.04
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/20/1999 REPT1HC.FRG
13:35:47
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RFMSII SERIES 1997-HI1
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 42,750,000.00 0.00 0.00
437184AA2 0.00 0.000000 0.000000
6.73000 0.00 0.00
0.000000 0.000000
A-2 NOTES 7,250,000.00 0.00 0.00
437184AB0 0.00 0.000000 0.000000
6.66000 0.00 0.00
0.000000 0.000000
A-3 NOTES 26,500,000.00 2,296,942.74 24,995.93
437184AC8 4,450,313.70 86.677085 0.943243
6.74000 86,572.25 2,066,798.71
3.266877 77.992404
A-4 NOTES 26,100,000.00 0.00 151,380.00
437184AD6 26,100,000.00 0.000000 5.800000
6.96000 0.00 26,100,000.00
0.000000 1000.000000
A-5 NOTES 9,450,000.00 0.00 57,093.75
437184AE4 9,450,000.00 0.000000 6.041667
7.25000 0.00 9,450,000.00
0.000000 1000.000000
A-6 NOTES 25,000,000.00 0.00 156,041.67
437184AF1 25,000,000.00 0.000000 6.241667
7.49000 0.00 25,000,000.00
0.000000 1000.000000
A-7 NOTES 12,268,000.00 0.00 79,639.77
437184AG9 12,268,000.00 0.000000 6.491667
7.79000 0.00 12,268,000.00
0.000000 1000.000000
CERTIFICATES 5,416,428.36 0.00 0.00
12,583,142.41 0.000000 0.000000
0.00000 0.00 12,669,714.66
0.000000 2323.143883
- -----------------------------------------------------------------------------
154,734,428.36 2,296,942.74 469,151.12
89,851,456.11 86,572.25 87,554,513.37
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 989,055.30
SECURITY PRINCIPAL COLLECTIONS: 1,882,927.88
AGGREGATE SECURITY COLLECTIONS: 2,871,983.18
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 87,554,513.37 13.0456
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 414,014.86 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 16.121 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/20/1999 REPT2H.FRM
13:35:48
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 0.00000000
A-2 NOTES 0.00 0.00 0.00000000
A-3 NOTES 0.00 0.00 2.36058500
A-4 NOTES 0.00 0.00 29.80999950
A-5 NOTES 0.00 0.00 10.79327568
A-6 NOTES 0.00 0.00 28.55363937
A-7 NOTES 0.00 0.00 14.01184191
CERTIFICATES 0.00 0.00 14.47065853
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 34
CURRENT AMOUNT: 12,669,714.66 956,825.55
TARGET AMOUNT: 13,926,098.55
60 - 89 DAYS DELINQUENT 22
850,342.13
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 45
1,516,037.01
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
16:02:25
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RFMSII SERIES 1997-HS2
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 300,402,933.00 1,599,405.77 400,934.78
76110VAP3 87,539,680.51 5.324202 1.334657
5.31875 0.00 85,940,274.74
0.000000 286.083341
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.31875 0.00 0.00
CERTIFICATES 0.00 0.00 1,979,988.14
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
300,402,933.00 1,599,405.77 2,380,922.92
87,539,680.51 0.00 85,940,274.74
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 755,080.72
SECURITY PRINCIPAL COLLECTIONS: 3,235,583.43
AGGREGATE SECURITY COLLECTIONS: 3,990,664.15
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 88,701,646.48 9.9428
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 108,617.10 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 3.677 %
RESIDUAL OWNERSHIP
INTEREST: ***,***.**
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:02:25
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 100.00000000
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 25
CURRENT AMOUNT: 2,761,371.74 882,130.19
TARGET AMOUNT: 2,761,371.74
60 - 89 DAYS DELINQUENT 5
182,127.12
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
274,436.18
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 31
YET REIMBURSED: 0.00 1,277,404.84
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,248,547.94
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/20/1999 REPT1HC.FRG
13:50:25
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RFMSII SERIES 1997-HI3
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-PV NOTES 100,000,000.00 1,584,778.36 354,531.42
437184AJ3 59,253,161.50 15.847784 3.545314
7.18000 116,734.08 57,551,649.06
1.167341 575.516491
A-PB NOTES 122,765,141.00 1,945,555.39 435,240.99
437184AH7 72,742,227.47 15.847784 3.545314
7.18000 143,308.75 70,653,363.33
1.167341 575.516492
CERTIFICATES 8,079,564.43 0.00 0.00
15,029,816.20 0.000000 0.000000
0.00000 0.00 15,289,859.03
0.000000 1860.226047
- -----------------------------------------------------------------------------
230,844,705.43 3,530,333.75 789,772.41
147,025,205.17 260,042.83 143,494,871.42
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,480,250.11
SECURITY PRINCIPAL COLLECTIONS: 3,130,697.80
AGGREGATE SECURITY COLLECTIONS: 4,610,947.91
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 143,494,871.42 12.8096
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 399,635.95 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 11.826 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/20/1999 REPT2H.FRM
13:50:26
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-PV NOTES 0.00 0.00 40.10711218
A-PB NOTES 0.00 0.00 49.23755297
CERTIFICATES 0.00 0.00 10.65533484
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 38
CURRENT AMOUNT: 15,289,859.03 1,325,015.87
TARGET AMOUNT: 20,776,023.49
60 - 89 DAYS DELINQUENT 28
958,614.41
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 55
1,973,345.67
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HE.FRG
16:57:10
Page: 1
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4
GMAC MORTGAGE CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING CORPORATION (ADMINISTRATOR)
1997-GMACM4 LLC (LIMITED LIABILITY COMPANY)
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 194,000,000.00 1,520,635.98 406,234.82
43707QAG3 88,281,930.54 7.838330 2.093994
5.34375 0.00 86,761,294.56
0.000000 447.223168
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.34375 0.00 0.00
0.000000 0.000000
CERTIFICATES 62,173.00 0.00 243,398.66
3,396,088.23 0.000000 3914.861113
0.00000 0.00 3,396,088.23
0.000000 0.000000
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
0.00000 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
194,062,173.00 1,520,635.98 649,633.48
91,678,018.77 0.00 90,157,382.79
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 709,821.03
SECURITY PRINCIPAL COLLECTIONS: 1,469,616.23
AGGREGATE SECURITY COLLECTIONS: 2,179,437.26
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 90,157,382.79 9.0724
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 51,019.75 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.228 %
RESIDUAL OWNERSHIP
INTEREST: 243,398.66
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:57:11
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 96.23315571
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 3.76684429
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 39
CURRENT AMOUNT: 3,396,088.23 1,123,950.74
TARGET AMOUNT: 3,396,088.03
60 - 89 DAYS DELINQUENT 19
521,401.53
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 12
375,737.51
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 33
YET REIMBURSED: 0.00 1,015,891.66
REO LOANS 1
ADDITIONAL BALANCES 16,673.27
CURRENT PERIOD: 1,650,565.31
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/20/1999 REPT1HC.FRG
14:36:13
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RFMSII SERIES 1997-HS5
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Certificates 43,000,000.00 0.00 0.00
76110VAQ1 0.00 0.000000 0.000000
6.88000 0.00 0.00
0.000000 0.000000
A-2 Certificates 16,800,000.00 0.00 0.00
76110VAR9 0.00 0.000000 0.000000
6.56000 0.00 0.00
0.000000 0.000000
A-3 Certificates 55,800,000.00 0.00 0.00
76110VAS7 0.00 0.000000 0.000000
6.51000 0.00 0.00
0.000000 0.000000
A-4 Certificates 10,600,000.00 0.00 0.00
76110VAT5 0.00 0.000000 0.000000
6.50000 0.00 0.00
0.000000 0.000000
A-5 Certificates 18,100,000.00 0.00 0.00
76110VAU2 0.00 0.000000 0.000000
6.67000 0.00 0.00
0.000000 0.000000
A-6 Certificates 8,300,000.00 0.00 0.00
76110VAV0 0.00 0.000000 0.000000
6.76000 0.00 0.00
0.000000 0.000000
A-7 Certificates 18,778,000.00 3,906,560.14 80,237.98
76110VAW8 13,755,082.14 208.039202 4.272978
7.00000 0.00 9,848,522.00
0.000000 524.471296
A-L1 Certificates 20,288,000.00 0.00 113,781.87
76110VAX6 20,288,000.00 0.000000 5.608333
6.73000 0.00 20,288,000.00
0.000000 1000.000000
A-L2 Certificates 1,220,000.00 0.00 6,994.67
76110VAY4 1,220,000.00 0.000000 5.733336
6.88000 0.00 1,220,000.00
0.000000 1000.000000
IO Certificates 0.00 0.00 135,253.33
76110VAZ1
8.00000 0.00 0.00
M-1 Certificates 19,518,000.00 0.00 114,017.65
76110VBA5 19,518,000.00 0.000000 5.841667
7.01000 0.00 19,518,000.00
0.000000 1000.000000
M-2 Certificates 9,185,000.00 0.00 54,880.38
76110VBB3 9,185,000.00 0.000000 5.975001
7.17000 0.00 9,185,000.00
0.000000 1000.000000
B-1 Certificates 8,037,000.00 0.00 50,231.25
76110VBC1 8,037,000.00 0.000000 6.250000
7.50000 0.00 8,037,000.00
0.000000 1000.000000
R-I Certificates 0.00 0.00 0.00
0.00000 0.00 0.00
R-II Certificates 573.80 187,727.52 0.00
4,592,531.00 0.000000
0.00000 0.00 4,592,531.00
0.000000
- -----------------------------------------------------------------------------
229,626,573.80 4,094,287.66 555,397.13
76,595,613.14 0.00 72,689,053.00
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 810,720.81
SECURITY PRINCIPAL COLLECTIONS: 3,838,973.79
AGGREGATE SECURITY COLLECTIONS: 4,649,694.60
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 72,689,053.00 10.9882
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 67,586.35 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.578 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/20/1999 REPT2H.FRM
14:36:14
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Certificates 0.00 0.00 0.00000000
A-2 Certificates 0.00 0.00 0.00000000
A-3 Certificates 0.00 0.00 0.00000000
A-4 Certificates 0.00 0.00 0.00000000
A-5 Certificates 0.00 0.00 0.00000000
A-6 Certificates 0.00 0.00 0.00000000
A-7 Certificates 0.00 0.00 13.54883795
A-L1 Certificates 0.00 0.00 27.91066765
A-L2 Certificates 0.00 0.00 1.67838203
IO Certificates 0.00 0.00 0.00000000
M-1 Certificates 0.00 0.00 26.85136096
M-2 Certificates 0.00 0.00 12.63601549
B-1 Certificates 0.00 0.00 11.05668552
R-I Certificates 0.00 0.00 0.00000000
R-II Certificates 0.00 0.00 6.31805039
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 9
CURRENT AMOUNT: 4,592,531.00 348,911.37
TARGET AMOUNT: 4,592,531.00
60 - 89 DAYS DELINQUENT 1
39,188.15
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 4
149,579.70
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
16:11:09
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RFMSII SERIES 1998-HS1
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 517,879,000.00 7,189,631.89 877,353.34
76110VBD9 190,664,224.33 13.882841 1.694128
5.34375 0.00 183,474,592.44
0.000000 354.280812
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.34375 0.00 0.00
CERTIFICATES 0.00 0.00 723,914.34
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
517,879,000.00 7,189,631.89 1,601,267.68
190,664,224.33 0.00 183,474,592.44
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,686,403.58
SECURITY PRINCIPAL COLLECTIONS: 7,125,357.93
AGGREGATE SECURITY COLLECTIONS: 8,811,761.51
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 191,127,986.79 9.7062
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 64,474.53 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.534 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:11:10
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 100.00000000
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 30
CURRENT AMOUNT: 7,653,394.35 1,126,968.38
TARGET AMOUNT: 7,653,394.35
60 - 89 DAYS DELINQUENT 7
293,435.05
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 11
338,304.82
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 36
YET REIMBURSED: 0.00 1,471,770.95
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 2,996,900.19
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/24/1999 REPT1HC.FRG
12:11:43
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RFMSII SERIES 1998-HI2
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Notes 134,680,000.00 7,868,299.89 168,248.76
76110VBE7 34,123,932.17 58.422185 1.249248
5.37875 0.00 26,255,632.28
0.000000 194.948265
A-2 Notes 86,990,000.00 0.00 455,972.58
76110VBF4 86,990,000.00 0.000000 5.241667
6.29000 0.00 86,990,000.00
0.000000 1000.000000
A-3 Notes 23,280,000.00 0.00 122,802.00
76110VBG2 23,280,000.00 0.000000 5.275000
6.33000 0.00 23,280,000.00
0.000000 1000.000000
A-4 Notes 21,390,000.00 0.00 117,823.25
76110VBH0 21,390,000.00 0.000000 5.508333
6.61000 0.00 21,390,000.00
0.000000 1000.000000
A-5 Notes 32,620,000.00 0.00 185,118.50
76110VBJ6 32,620,000.00 0.000000 5.675000
6.81000 0.00 32,620,000.00
0.000000 1000.000000
A-6 Notes 0.00 0.00 208,333.33
76110VBK3
5.00000 0.00 0.00
M-1 Notes 40,400,000.00 0.00 228,260.00
76110VBL1 40,400,000.00 0.000000 5.650000
6.78000 0.00 40,400,000.00
0.000000 1000.000000
M-2 Notes 28,280,000.00 0.00 168,973.00
76110VBM9 28,280,000.00 0.000000 5.975000
7.17000 0.00 28,280,000.00
0.000000 1000.000000
B-1 Notes 24,240,000.00 0.00 161,802.00
76110VBN7 24,240,000.00 0.000000 6.675000
8.01000 0.00 24,240,000.00
0.000000 1000.000000
B-2 Notes 12,120,000.00 0.00 83,325.00
76110VBP2 12,120,000.00 0.000000 6.875000
8.25000 0.00 12,120,000.00
0.000000 1000.000000
- -----------------------------------------------------------------------------
404,000,000.00 7,868,299.89 1,900,658.42
303,443,932.17 0.00 295,575,632.28
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 3,993,026.18
SECURITY PRINCIPAL COLLECTIONS: 6,306,211.16
AGGREGATE SECURITY COLLECTIONS: 10,299,237.34
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 309,583,271.34 13.1985
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 687,891.67 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 2.144 %
RESIDUAL OWNERSHIP
INTEREST: 529,680.63
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/24/1999 REPT2H.FRM
12:11:45
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Notes 0.00 0.00 8.88288120
A-2 Notes 0.00 0.00 29.43070758
A-3 Notes 0.00 0.00 7.87615671
A-4 Notes 0.00 0.00 7.23672646
A-5 Notes 0.00 0.00 11.03609244
A-6 Notes 0.00 0.00 0.00000000
M-1 Notes 0.00 0.00 13.66824447
M-2 Notes 0.00 0.00 9.56777113
B-1 Notes 0.00 0.00 8.20094668
B-2 Notes 0.00 0.00 4.10047334
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 85
CURRENT AMOUNT: 14,007,639.07 2,907,254.92
TARGET AMOUNT: 14,007,639.07
60 - 89 DAYS DELINQUENT 45
1,522,344.08
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 99
3,213,066.05
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
16:13:51
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RFMSII SERIES 1998-HS3
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 150,000,000.00 3,585,935.28 424,765.89
92,136,636.30 23.906235 2.831773
5.35375 0.00 88,550,701.02
0.000000 590.338007
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.35375 0.00 0.00
CERTIFICATES 0.00 0.00 340,450.15
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
150,000,000.00 3,585,935.28 765,216.04
92,136,636.30 0.00 88,550,701.02
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 804,426.03
SECURITY PRINCIPAL COLLECTIONS: 3,557,098.74
AGGREGATE SECURITY COLLECTIONS: 4,361,524.77
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: 91,225,321.45 9.9101
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 91,225,321.45 9.7744
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 28,844.62 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.358 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:13:52
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 100.00000000
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 11
CURRENT AMOUNT: 2,674,620.43 346,464.35
TARGET AMOUNT: 2,674,620.43
60 - 89 DAYS DELINQUENT 2
43,174.19
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 9
237,445.19
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 12
YET REIMBURSED: 0.00 433,435.28
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,447,890.14
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/24/1999 REPT1HC.FRG
17:34:27
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RFMSII SERIES 1998-HI4
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
NOTES 200,000,000.00 3,170,541.52 997,125.06
76110VBR8 174,170,316.61 15.852708 4.985625
6.87000 213,077.39 170,786,697.70
1.065387 853.933488
CERTIFICATES 7,264,348.67 0.00 0.00
14,887,025.25 0.000000 0.000000
0.00000 0.00 15,100,102.64
0.000000 2078.658848
- -----------------------------------------------------------------------------
207,264,348.67 3,170,541.52 997,125.06
189,057,341.86 213,077.39 185,886,800.34
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,747,343.89
SECURITY PRINCIPAL COLLECTIONS: 2,677,108.63
AGGREGATE SECURITY COLLECTIONS: 4,424,452.52
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.2749
GOAL LINE LOANS: 944,037.11 13.2219
TOTAL LOANS: 185,886,800.34 13.0937
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 493,714.63 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.979 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/24/1999 REPT2H.FRM
17:34:28
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
NOTES 0.00 0.00 91.87672142
CERTIFICATES 0.00 0.00 8.12327858
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 43
CURRENT AMOUNT: 15,100,102.64 1,393,452.24
TARGET AMOUNT: 17,617,469.64
60 - 89 DAYS DELINQUENT 7
195,503.14
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 40
1,199,353.21
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/27/1999 REPT1HC.FRG
10:19:39
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RFMSII SERIES 1999-HI1
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 55,250,000.00 1,620,467.85 218,333.57
76110VBS6 44,572,083.70 29.329735 3.951739
5.34375 0.00 42,951,615.85
0.000000 777.404812
A-2 NOTES 55,250,000.00 1,620,467.85 224,717.59
76110VBT4 44,572,083.70 29.329735 4.067287
6.05000 0.00 42,951,615.85
0.000000 777.404812
A-3 NOTES 120,200,000.00 0.00 632,051.67
76110VBU1 120,199,999.98 0.000000 5.258333
6.31000 0.01 120,199,999.97
0.000000 1000.000000
A-4 NOTES 52,000,000.00 0.00 282,100.00
76110VBV9 52,000,000.00 0.000000 5.425000
6.51000 0.00 52,000,000.00
0.000000 1000.000000
A-5 NOTES 64,900,000.00 0.00 369,930.00
76110VBW7 64,900,000.00 0.000000 5.700000
6.84000 0.00 64,900,000.00
0.000000 1000.000000
A-6 NOTES 92,000,000.00 0.00 542,800.00
76110VBX5 92,000,000.00 0.000000 5.900000
7.08000 0.00 92,000,000.00
0.000000 1000.000000
CERTIFICATES 88,753.89 0.00 1,822,399.72
8,793,775.08 0.000000 20533.181360
0.00000 0.00 8,793,775.09
0.000000 99080.446840
- -----------------------------------------------------------------------------
439,688,753.89 3,240,935.70 4,092,332.55
427,037,942.46 0.01 423,797,006.76
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,735,036.45
SECURITY PRINCIPAL COLLECTIONS: 3,019,961.33
AGGREGATE SECURITY COLLECTIONS: 7,754,997.78
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.1998
GOAL LINE LOANS: 48,662,604.39 14.0733
TOTAL LOANS: 423,797,006.76 13.3229
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 220,974.37 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.060 %
RESIDUAL OWNERSHIP
INTEREST: ***,***.**
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/27/1999 REPT2H.FRM
10:19:40
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 10.13495026
A-2 NOTES 0.00 0.00 10.13495026
A-3 NOTES 0.00 0.00 28.36263543
A-4 NOTES 0.00 0.00 12.27002531
A-5 NOTES 0.00 0.00 15.31393544
A-6 NOTES 0.00 0.00 21.70850632
CERTIFICATES 0.00 0.00 2.07499698
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 37
CURRENT AMOUNT: 8,793,775.09 1,367,447.84
TARGET AMOUNT: 8,793,775.08
60 - 89 DAYS DELINQUENT 20
757,649.41
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 43
1,405,348.06
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: -24,353.55
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/20/1999 REPT1HC.FRG
14:29:43
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RFMSII SERIES 1999-HS2
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-I-1 CERTIFICATE 38,000,000.00 1,846,140.21 131,268.53
76110VBZ0 28,850,225.94 48.582637 3.454435
5.46000 0.00 27,004,085.73
0.000000 710.633835
A-I-2 CERTIFICATE 20,000,000.00 0.00 95,666.67
76110VCA4 20,000,000.00 0.000000 4.783334
5.74000 0.00 20,000,000.00
0.000000 1000.000000
A-I-3 CERTIFICATE 12,000,000.00 0.00 60,300.00
76110VCB2 12,000,000.00 0.000000 5.025000
6.03000 0.00 12,000,000.00
0.000000 1000.000000
A-I-4 CERTIFICATE 15,991,000.00 0.00 84,485.78
76110VCC0 15,991,000.00 0.000000 5.283333
6.34000 0.00 15,991,000.00
0.000000 1000.000000
A-I-5 CERTIFICATE 5,000,000.00 0.00 28,125.00
76110VCD8 5,000,000.00 0.000000 5.625000
6.75000 0.00 5,000,000.00
0.000000 1000.000000
A-I-6 CERTIFICATE 10,110,000.00 0.00 53,414.50
76110VCE6 10,110,000.00 0.000000 5.283333
6.34000 0.00 10,110,000.00
0.000000 1000.000000
A-II CERTIFICATE 129,556,000.00 2,537,926.63 615,586.76
76110VCF3 119,434,778.96 19.589418 4.751511
6.18500 0.00 116,896,852.33
0.000000 902.288218
IO CERTIFICATE 0.00 0.00 38,441.67
76110VCG1
2.00000 0.00 0.00
R-I CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 0.00
R-II CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 2,840,765.70
- -----------------------------------------------------------------------------
230,657,000.00 4,384,066.84 1,107,288.91
213,423,935.31 0.00 209,842,703.76
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,933,024.35
SECURITY PRINCIPAL COLLECTIONS: 3,581,231.55
AGGREGATE SECURITY COLLECTIONS: 5,514,255.90
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 10.2050
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 209,842,703.76 10.0652
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.038 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/20/1999 REPT2H.FRM
14:29:44
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-I-1 CERTIFICATE 0.00 0.00 12.86872750
A-I-2 CERTIFICATE 0.00 0.00 9.53094849
A-I-3 CERTIFICATE 0.00 0.00 5.71856909
A-I-4 CERTIFICATE 0.00 0.00 7.62046986
A-I-5 CERTIFICATE 0.00 0.00 2.38273712
A-I-6 CERTIFICATE 0.00 0.00 4.81789446
A-II CERTIFICATE 0.00 0.00 55.70689390
IO CERTIFICATE 0.00 0.00 0.00000000
R-I CERTIFICATE 0.00 0.00 0.00000000
R-II CERTIFICATE 0.00 0.00 1.35375958
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 7
CURRENT AMOUNT: 2,840,765.70 179,495.28
TARGET AMOUNT: 6,422,451.65
60 - 89 DAYS DELINQUENT 0
0.00
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 4
127,175.75
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
16:17:46
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RFMSII SERIES 1999-HS3
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 275,000,000.00 6,325,151.37 1,074,866.76
76110VBY3 229,718,401.87 23.000550 3.908606
5.43375 820,837.09 222,572,413.41
2.984862 809.354231
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.43375 0.00 0.00
CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 2,134,813.96
- -----------------------------------------------------------------------------
275,000,000.00 6,325,151.37 1,074,866.76
231,032,353.69 820,837.09 224,707,227.37
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,925,362.36
SECURITY PRINCIPAL COLLECTIONS: 6,322,318.39
AGGREGATE SECURITY COLLECTIONS: 8,247,680.75
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 9.8968
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 224,707,227.37 9.7613
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 2,832.98 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.012 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:17:47
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 99.04995759
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATE 0.00 0.00 0.95004241
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 15
CURRENT AMOUNT: 2,134,813.96 514,040.69
TARGET AMOUNT: 5,037,129.83
60 - 89 DAYS DELINQUENT 6
179,696.58
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 6
120,854.37
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 1
YET REIMBURSED: 0.00 54,820.98
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 3,535,306.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/27/1999 REPT1HC.FRG
10:23:10
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RFMSII SERIES 1999-HI4
PAYMENT DATE: 09/27/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 86,300,000.00 2,095,614.59 470,297.32
76110VCK2 80,039,254.41 24.282904 5.449563
6.41000 1,677,641.10 76,265,998.72
19.439642 883.731156
A-2 NOTES 52,300,000.00 0.00 325,044.50
52,300,000.00 0.000000 6.215000
6.78000 0.00 52,300,000.00
0.000000 1000.000000
A-3 NOTES 54,000,000.00 0.00 344,520.00
54,000,000.00 0.000000 6.380000
6.96000 0.00 54,000,000.00
0.000000 1000.000000
A-4 NOTES 36,700,000.00 0.00 240,537.92
36,700,000.00 0.000000 6.554167
7.15000 0.00 36,700,000.00
0.000000 1000.000000
A-5 NOTES 37,400,000.00 0.00 251,982.50
37,400,000.00 0.000000 6.737500
7.35000 0.00 37,400,000.00
0.000000 1000.000000
A-6 NOTES 74,700,000.00 0.00 525,888.00
74,700,000.00 0.000000 7.040000
7.68000 0.00 74,700,000.00
0.000000 1000.000000
A-7 NOTES 83,921,000.00 0.00 603,881.53
83,921,000.00 0.000000 7.195833
7.85000 0.00 83,921,000.00
0.000000 1000.000000
CERTIFICATES 516.25 0.00 0.00
3,593,926.63 0.000000 0.000000
0.00000 0.00 5,271,567.73
0.000000 *****.******
- -----------------------------------------------------------------------------
425,321,516.25 2,095,614.59 2,762,151.77
422,654,181.04 1,677,641.10 420,558,566.45
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,718,869.37
SECURITY PRINCIPAL COLLECTIONS: 2,078,450.74
AGGREGATE SECURITY COLLECTIONS: 6,797,320.11
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.9034
GOAL LINE LOANS: 14,684,949.02 13.9120
TOTAL LOANS: 420,558,566.45 13.7199
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 17,163.85 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.004 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/27/1999 REPT2H.FRM
10:23:12
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/27/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 18.13445375
A-2 NOTES 0.00 0.00 12.43584228
A-3 NOTES 0.00 0.00 12.84006659
A-4 NOTES 0.00 0.00 8.72648970
A-5 NOTES 0.00 0.00 8.89293501
A-6 NOTES 0.00 0.00 17.76209212
A-7 NOTES 0.00 0.00 19.95465238
CERTIFICATES 0.00 0.00 1.25346816
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 29
CURRENT AMOUNT: 5,271,567.73 948,452.12
TARGET AMOUNT: 8,506,430.33
60 - 89 DAYS DELINQUENT 10
417,521.75
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 4
164,305.45
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 09/14/1999 REPT1HC.FRG
16:22:34
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RFMSII SERIES 1999-HS5
PAYMENT DATE: 09/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 135,500,000.00 4,299,498.87 587,178.47
76110VCS5 125,490,624.13 31.730619 4.333420
5.43375 259,772.59 120,931,352.67
1.917141 892.482308
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.43375 0.00 0.00
CERTIFICATES 0.00 0.00 0.00
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
135,500,000.00 4,299,498.87 587,178.47
125,490,624.13 259,772.59 120,931,352.67
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 861,068.76
SECURITY PRINCIPAL COLLECTIONS: 4,299,498.87
AGGREGATE SECURITY COLLECTIONS: 5,160,567.63
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 8.7098
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 120,441,093.09 8.5905
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.000 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 09/14/1999 REPT2H.FRM
16:22:35
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 09/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 100.00000000
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 9
CURRENT AMOUNT: 0.00 152,459.72
TARGET AMOUNT: 2,281,588.22
60 - 89 DAYS DELINQUENT 4
75,239.56
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 3
71,863.98
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
