RESIDENTIAL FUNDING MORTGAGE SECURITIES II INC
8-K, 1999-06-07
ASSET-BACKED SECURITIES
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                       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)
                                  May 25, 1999


                RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
                          (Exact name of the registrant
                          as specified in its charter)



Delaware            333-28025             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 May 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-HS2 RFM2 1999-HS3 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:     /s/Davee Olson
Name:   Davee Olson
Title:  Chief Financial Officer
Dated   May 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:
Name:  Davee Olson
Title: Chief Financial Officer
Dated: May 25, 1999





<PAGE>




Run:         05/12/1999                                             REPT1HC.FRG
             12:06:21

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1995-1     (ISSUER)
                  SERIES 1995-1


PAYMENT DATE:  05/20/1999


 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                 128,078,000.00     1,382,736.38        178,675.28
525180AF2                   41,015,845.50        10.796049          1.395051

                                  5.22750             0.00     39,633,109.12
                                                  0.000000        309.445097


CERTIFICATES                 6,740,000.00        72,765.37          9,672.44
525180AG0                    2,158,425.33        10.796049          1.435080

                                  5.37750             0.00      2,085,659.96
                                                  0.000000        309.445098


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.22750             0.00              0.00


- -----------------------------------------------------------------------------
                           134,818,000.00     1,455,501.75        188,347.72
                            43,174,270.83             0.00     41,718,769.08

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   365,082.00
SECURITY PRINCIPAL COLLECTIONS:                1,367,407.77


AGGREGATE SECURITY COLLECTIONS:                1,732,489.77


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------
FIDELITY LOANS:            14,084,834.76      9.1068
GMACMC LOANS:              14,207,723.99      8.8428

GOAL LINE LOANS:           15,448,489.30      9.4577

TOTAL LOANS:               43,741,048.05      9.1451




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:             88,831.20      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                8.101 %
RESIDUAL OWNERSHIP
INTEREST:                      83,888.56



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500























 ................................................................................




Run:         05/12/1999                                             REPT1HC.FRG
             16:21:11

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS1     (ISSUER)
           RFMSII SERIES 1996-HS1


PAYMENT DATE:  05/20/1999


 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     1,953,774.24        226,944.65
76110VAA6                   52,803,407.58        12.054605          1.400227

                                  5.15750             0.00     50,849,633.34
                                                  0.000000        313.737503


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.15750             0.00              0.00


CERTIFICATES                14,092,938.00       169,884.80         20,192.45
76110VAB4                    4,591,367.97        12.054605          1.432806

                                  5.27750             0.00      4,421,483.17
                                                  0.000000        313.737502


VARIABLE FUNDING CERT                0.00             0.00              0.00
76110VAB4

                                  5.27750             0.00              0.00


- -----------------------------------------------------------------------------
                           176,169,938.00     2,123,659.04        247,137.10
                            57,394,775.55             0.00     55,271,116.51

=============================================================================




 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   537,355.01
SECURITY PRINCIPAL COLLECTIONS:                2,146,248.48
AGGREGATE SECURITY COLLECTIONS:                2,683,603.49


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:               57,663,321.54      9.5643




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:             18,526.48      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                5.014 %
RESIDUAL OWNERSHIP
INTEREST:                     304,676.42



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500






















Run:         05/12/1999                                             REPT2H.FRM
             16:21:14

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:     05/20/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

TERM NOTES                                   0.00         0.00       92.00037298

VARIABLE FUNDING NOTES                       0.00         0.00        0.00000000

CERTIFICATES                                 0.00         0.00        7.99962702

VARIABLE FUNDING CERT                        0.00         0.00        0.00000000

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  31
CURRENT AMOUNT:            2,392,205.03                             1,371,288.19
TARGET AMOUNT:             2,392,205.03
                                                   60 - 89 DAYS DELINQUENT  10
                                                                      546,679.11
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 12
                                                                      505,464.70
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   11
YET REIMBURSED:                    0.00                               689,259.56

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:              522,082.50


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:        05/26/99     13:57:24                                    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  12,640,773.84     7.550000  %  3,287,963.09
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   3,504,494.53     0.000000  %    197,785.03

- -------------------------------------------------------------------------------
                  198,367,179.00    58,012,447.37                  3,485,748.12
===============================================================================
- -------------------------------------------------------------------------------
                                                                       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        79,531.54  3,367,494.63            0.00       0.00      9,352,810.75
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         31,179.06     31,179.06            0.00       0.00              0.00
R-I             0.00          0.00            0.00       0.00              0.00
R-II      187,484.83    385,269.86            0.00       0.00      3,306,709.50

- -------------------------------------------------------------------------------
          568,906.61  4,054,654.73            0.00       0.00     54,526,699.25
===============================================================================
- -------------------------------------------------------------------------------



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     477.010334  124.074079     3.001190   127.075269   0.000000  352.936255
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-May-99
DISTRIBUTION DATE        25-May-99

Run:     05/26/99     13:57:24                                        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                       24,969.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,995.14

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19     422,354.68

 (B)  TWO MONTHLY PAYMENTS:                                    6     147,838.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7     226,800.32


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      54,526,699.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,986

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          93.95906450 %     6.04093550 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             93.93561400 %     6.06438600 %

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:                                                27.48776255

 ................................................................................




Run:         05/13/1999                                             REPT1HC.FRG
             10:21:03

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS3     (ISSUER)
           RFMSII SERIES 1996-HS3


PAYMENT DATE:  05/20/1999


 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     3,470,973.60        330,154.29
43707QAC2                   77,116,329.98        14.038657          1.335338

                                  5.13750             0.00     73,645,356.38
                                                  0.000000        297.865090


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.13750             0.00              0.00


CERTIFICATES                21,499,396.00       301,822.64         29,770.70
43707QAD0                    6,705,742.16        14.038657          1.384723

                                  5.32750             0.00      6,403,919.52
                                                  0.000000        297.865090


VARIABLE FUNDING CERT                0.00             0.00              0.00


                                  5.32750             0.00              0.00


- -----------------------------------------------------------------------------
                           268,743,396.00     3,772,796.24        359,924.99
                            83,822,072.14             0.00     80,049,275.90

=============================================================================




 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   714,454.53
SECURITY PRINCIPAL COLLECTIONS:                3,623,823.48
AGGREGATE SECURITY COLLECTIONS:                4,338,278.01


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:               84,734,417.25      9.5594




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            149,355.52      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                1.888 %
RESIDUAL OWNERSHIP
INTEREST:                     191,902.19



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500






















Run:         05/13/1999                                             REPT2H.FRM
             10:21:05

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:     05/20/1999

 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  41
CURRENT AMOUNT:            4,685,141.35                             1,204,912.66
TARGET AMOUNT:             4,685,141.35
                                                   60 - 89 DAYS DELINQUENT  16
                                                                      748,977.44
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 19
                                                                      700,545.53
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   27
YET REIMBURSED:                    0.00                             1,288,857.23

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:              955,941.95


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:         05/14/1999                                             REPT1HE.FRG
             11:16:44

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:  05/20/1999


 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     1,753,023.28        202,066.77
43707QAE8                   47,568,439.85        15.022407          1.731597

                                  5.09750             0.00     45,815,416.57
                                                  0.000000        392.611924


VARIABLE FUNDING NOTES               0.00             0.00              0.00
                                     0.00         0.000000          0.000000

                                  5.09750             0.00              0.00
                                                  0.000000          0.000000


CERTIFICATES                10,147,353.78       152,437.68         18,363.94
43707QAF5                    4,136,409.76        15.022407          1.809727

                                  5.32750             0.00      3,983,972.08
                                                  0.000000        392.611923


VARIABLE FUNDING CERT                0.00             0.00              0.00
                                     0.00         0.000000          0.000000

                                  5.32750             0.00              0.00
                                                  0.000000          0.000000


- -----------------------------------------------------------------------------


                           126,841,253.78     1,905,460.96        220,430.71
                            51,704,849.61             0.00     49,799,388.65

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   417,687.89
SECURITY PRINCIPAL COLLECTIONS:                1,905,460.96
AGGREGATE SECURITY COLLECTIONS:                2,323,148.85


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------

                           52,019,110.59      9.0513

TOTAL LOANS:               52,019,110.59      8.9273





AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:                  0.00      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                0.397 %
RESIDUAL OWNERSHIP
INTEREST:                     191,871.27



ADMINISTRATOR:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500





















Run:         05/14/1999                                             REPT2H.FRM
             11:16:46

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4    (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

TERM NOTES                                   0.00         0.00       91.99995785

VARIABLE FUNDING NOTES                       0.00         0.00        0.00000000

CERTIFICATES                                 0.00         0.00        8.00004215

VARIABLE FUNDING CERT                        0.00         0.00        0.00000000

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  13
CURRENT AMOUNT:            2,219,721.94                               417,668.19
TARGET AMOUNT:             2,219,721.94
                                                   60 - 89 DAYS DELINQUENT  10
                                                                      385,169.34
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  3
                                                                       51,235.14
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   18
YET REIMBURSED:                    0.00                               633,410.56

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:              900,816.40


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:         05/19/1999                                             REPT1HC.FRG
             13:32:47

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI1     (ISSUER)
           RFMSII SERIES 1997-HI1


PAYMENT DATE:  05/25/1999


 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     2,608,713.62         77,440.97
437184AC8                   13,787,708.92        98.442023          2.922301

                                  6.74000        66,651.08     11,112,344.22
                                                  2.515135        419.333744


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
                            12,415,084.46         0.000000          0.000000

                                  0.00000             0.00     12,481,735.54
                                                  0.000000       2292.116434


- -----------------------------------------------------------------------------
                           154,734,428.36     2,608,713.62        521,596.16
                            99,020,793.38        66,651.08     96,412,079.76

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 1,090,121.35
SECURITY PRINCIPAL COLLECTIONS:                2,128,490.93
AGGREGATE SECURITY COLLECTIONS:                3,218,612.28


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:               96,412,079.76     13.0576




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00



AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            480,222.69      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                               12.789 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500















































Run:         05/19/1999                                             REPT2H.FRM
             13:32:49

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI1     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 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       11.52588374

A-4 NOTES                                    0.00         0.00       27.07129653

A-5 NOTES                                    0.00         0.00        9.80167633

A-6 NOTES                                    0.00         0.00       25.93036066

A-7 NOTES                                    0.00         0.00       12.72454658

CERTIFICATES                                 0.00         0.00       12.94623617

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  23
CURRENT AMOUNT:           12,481,735.54                               761,269.21
TARGET AMOUNT:            13,926,098.55
                                                   60 - 89 DAYS DELINQUENT  26
                                                                      878,520.70
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 53
                                                                    1,865,066.57
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:         05/13/1999                                             REPT1HC.FRG
             12:39:18

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS2     (ISSUER)
           RFMSII SERIES 1997-HS2


PAYMENT DATE:  05/20/1999


 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     4,726,787.90        445,613.69
76110VAP3                  105,211,298.08        15.734826          1.483387

                                  5.08250             0.00    100,484,510.18
                                                  0.000000        334.499098


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.08250             0.00              0.00


CERTIFICATES                         0.00             0.00        237,090.29


                                  0.00000             0.00              0.00


- -----------------------------------------------------------------------------
                           300,402,933.00     4,726,787.90        682,703.98
                           105,211,298.08             0.00    100,484,510.18

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   902,140.96
SECURITY PRINCIPAL COLLECTIONS:                4,521,355.36
AGGREGATE SECURITY COLLECTIONS:                5,423,496.32




MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:              104,990,554.18      9.7028




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            207,162.33      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                2.829 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500





























Run:         05/13/1999                                             REPT2H.FRM
             12:39:21

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS2     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 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  33
CURRENT AMOUNT:            4,506,044.00                             1,259,757.91
TARGET AMOUNT:             4,506,044.00
                                                   60 - 89 DAYS DELINQUENT   9
                                                                      375,015.59
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 20
                                                                      711,163.80
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   24
YET REIMBURSED:                    0.00                             1,016,441.21

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:            1,686,656.04


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:         05/20/1999                                             REPT1HC.FRG
             13:50:07

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI3     (ISSUER)
           RFMSII SERIES 1997-HI3


PAYMENT DATE:  05/25/1999


 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     1,721,840.83        398,039.59
437184AJ3                   66,524,722.92        17.218408          3.980396

                                  7.18000             0.00     64,802,882.09
                                                  0.000000        648.028821


A-PB NOTES                 122,765,141.00     2,113,820.34        488,653.87
437184AH7                   81,669,170.14        17.218408          3.980396

                                  7.18000             0.00     79,555,349.80
                                                  0.000000        648.028823


CERTIFICATES                 8,079,564.43             0.00              0.00
                            15,091,240.02         0.000000          0.000000

                                  0.00000             0.00     15,091,240.02
                                                  0.000000       1867.828415


- -----------------------------------------------------------------------------
                           230,844,705.43     3,835,661.17        886,693.46
                           163,285,133.08             0.00    159,449,471.91

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 1,772,441.91


SECURITY PRINCIPAL COLLECTIONS:                3,029,186.56
AGGREGATE SECURITY COLLECTIONS:                4,801,628.47


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:              159,449,471.91     12.8159




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            806,474.61      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                8.951 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500



























Run:         05/20/1999                                             REPT2H.FRM
             13:50:09

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI3     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

A-PV NOTES                                   0.00         0.00       40.64164109

A-PB NOTES                                   0.00         0.00       49.89376813

CERTIFICATES                                 0.00         0.00        9.46459078

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  42
CURRENT AMOUNT:           15,091,240.02                             1,573,086.29
TARGET AMOUNT:            20,776,023.49
                                                   60 - 89 DAYS DELINQUENT  15
                                                                      499,680.86
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 86
                                                                    2,991,181.85
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:         05/14/1999                                             REPT1HE.FRG
             10:22:26

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:  05/20/1999


 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     2,380,129.69        420,492.69
43707QAG3                   98,794,170.70        12.268710          2.167488

                                  5.10750             0.00     96,414,041.01
                                                  0.000000        496.979593


VARIABLE FUNDING NOTES               0.00             0.00              0.00
                                     0.00         0.000000          0.000000

                                  5.10750             0.00              0.00
                                                  0.000000          0.000000


CERTIFICATES                    62,173.00             0.00        304,600.61
                             3,396,088.03         0.000000       4899.242597

                                  0.00000             0.00      3,396,088.03
                                                  0.000000        496.979593


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     2,380,129.69        725,093.30
                           102,190,258.73             0.00     99,810,129.04

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   749,555.95
SECURITY PRINCIPAL COLLECTIONS:                2,365,886.07
AGGREGATE SECURITY COLLECTIONS:                3,115,442.02


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------

TOTAL LOANS:               99,810,129.04      8.5754





AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:             14,243.62      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                0.140 %
RESIDUAL OWNERSHIP
INTEREST:                     304,600.61



ADMINISTRATOR:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500























Run:         05/14/1999                                             REPT2H.FRM
             10:22:28

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4  (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

TERM NOTES                                   0.00         0.00       96.59745152

VARIABLE FUNDING NOTES                       0.00         0.00        0.00000000

CERTIFICATES                                 0.00         0.00        3.40254848

VARIABLE FUNDING CERT                        0.00         0.00        0.00000000

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  57
CURRENT AMOUNT:            3,396,088.03                             1,748,935.79
TARGET AMOUNT:             3,396,088.03
                                                   60 - 89 DAYS DELINQUENT  12
                                                                      387,438.07
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  6
                                                                      112,091.53
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   26
YET REIMBURSED:                    0.00                               836,252.46

                                                   REO LOANS                 1
 ADDITIONAL BALANCES                                                   16,673.27


CURRENT PERIOD:            1,694,354.67


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:         05/19/1999                                             REPT1HC.FRG
             14:25:43

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS5     (ISSUER)
           RFMSII SERIES 1997-HS5


PAYMENT DATE:  05/25/1999


 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     5,330,771.07         29,630.20
76110VAU2                    5,330,771.07       294.517739          1.637028

                                  6.67000             0.00              0.00
                                                  0.000000          0.000000


A-6 Certificates             8,300,000.00       504,427.22         46,756.67
76110VAV0                    8,300,000.00        60.774364          5.633334

                                  6.76000             0.00      7,795,572.78
                                                  0.000000        939.225636


A-7 Certificates            18,778,000.00             0.00        109,538.33
76110VAW8                   18,778,000.00         0.000000          5.833333

                                  7.00000             0.00     18,778,000.00
                                                  0.000000       1000.000000


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       122,433.36              0.00
                             4,592,531.00                           0.000000

                                  0.00000             0.00      4,592,531.00
                                                  0.000000


- -----------------------------------------------------------------------------
                           229,626,573.80     5,957,631.65        661,084.35
                            95,249,302.07             0.00     89,414,103.78

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   886,682.27
SECURITY PRINCIPAL COLLECTIONS:                5,732,033.73
AGGREGATE SECURITY COLLECTIONS:                6,618,716.00


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:               89,414,103.78     11.0027




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            103,164.56      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                1.044 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00





MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500























































Run:         05/19/1999                                             REPT2H.FRM
             14:25:46

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS5     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 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        8.71850463

A-7 Certificates                             0.00         0.00       21.00116112

A-L1 Certificates                            0.00         0.00       22.68993273

A-L2 Certificates                            0.00         0.00        1.36443799

IO Certificates                              0.00         0.00        0.00000000

M-1 Certificates                             0.00         0.00       21.82877105

M-2 Certificates                             0.00         0.00       10.27242863

B-1 Certificates                             0.00         0.00        8.98851485

R-I Certificates                             0.00         0.00        0.00000000

R-II Certificates                            0.00         0.00        5.13624899

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT   6
CURRENT AMOUNT:            4,592,531.00                                90,096.82
TARGET AMOUNT:             4,592,531.00
                                                   60 - 89 DAYS DELINQUENT   3
                                                                       88,901.68
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  9
                                                                      207,865.42
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:         05/13/1999                                             REPT1HC.FRG
             14:26:10

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS1     (ISSUER)
           RFMSII SERIES 1998-HS1


PAYMENT DATE:  05/20/1999


 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    11,701,618.41        985,855.49
76110VBD9                  231,625,372.75        22.595275          1.903641

                                  5.10750             0.00    219,923,754.34
                                                  0.000000        424.662430


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.10750             0.00              0.00


CERTIFICATES                         0.00             0.00        840,562.20


                                  0.00000             0.00              0.00


- -----------------------------------------------------------------------------
                           517,879,000.00    11,701,618.41      1,826,417.69
                           231,625,372.75             0.00    219,923,754.34

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 1,980,818.55
SECURITY PRINCIPAL COLLECTIONS:               11,572,511.74
AGGREGATE SECURITY COLLECTIONS:               13,553,330.29




MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


TOTAL LOANS:              227,577,148.69      9.4809




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            129,308.11      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                0.271 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500





























Run:         05/13/1999                                             REPT2H.FRM
             14:26:12

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS1     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 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  51
CURRENT AMOUNT:            7,653,394.35                             1,724,470.71
TARGET AMOUNT:             7,653,394.35
                                                   60 - 89 DAYS DELINQUENT   8
                                                                      245,635.38
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 17
                                                                      748,829.40
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   35
YET REIMBURSED:                    0.00                             1,340,652.71

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:            4,006,700.27


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:         05/20/1999                                             REPT1HC.FRG
             14:27:12

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI2     (ISSUER)
           RFMSII SERIES 1998-HI2


PAYMENT DATE:  05/25/1999


 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     8,428,149.93        264,710.63
76110VBE7                   66,351,600.92        62.579076          1.965478

                                  4.95250             0.00     57,923,450.99
                                                  0.000000        430.082054


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     8,428,149.93      1,997,120.29
                           335,671,600.92             0.00    327,243,450.99

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 3,749,846.73
SECURITY PRINCIPAL COLLECTIONS:                6,675,423.50
AGGREGATE SECURITY COLLECTIONS:               10,425,270.23


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------




TOTAL LOANS:              337,784,135.22     13.2079




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            657,142.75      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                1.127 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500


































Run:         05/20/1999                                             REPT2H.FRM
             14:27:14

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI2     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

A-1 Notes                                    0.00         0.00       17.70041564

A-2 Notes                                    0.00         0.00       26.58265574

A-3 Notes                                    0.00         0.00        7.11396972

A-4 Notes                                    0.00         0.00        6.53641805

A-5 Notes                                    0.00         0.00        9.96811392

A-6 Notes                                    0.00         0.00        0.00000000

M-1 Notes                                    0.00         0.00       12.34554882

M-2 Notes                                    0.00         0.00        8.64188417

B-1 Notes                                    0.00         0.00        7.40732929

B-2 Notes                                    0.00         0.00        3.70366465

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  74
CURRENT AMOUNT:           10,540,684.23                             2,495,717.43
TARGET AMOUNT:            14,007,639.07
                                                   60 - 89 DAYS DELINQUENT  40
                                                                    1,324,117.84
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 83
                                                                    2,554,049.79
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:         05/13/1999                                             REPT1HC.FRG
             16:25:49

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS3     (ISSUER)
           RFMSII SERIES 1998-HS3


PAYMENT DATE:  05/20/1999


 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     3,653,707.30        459,072.72
                           107,647,731.20        24.358049          3.060485

                                  5.11750       340,139.98    103,653,883.92
                                                  2.267600        691.025893


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.11750             0.00              0.00


CERTIFICATES                         0.00             0.00              0.00


                                  0.00000             0.00              0.00


- -----------------------------------------------------------------------------
                           150,000,000.00     3,653,707.30        459,072.72
                           107,647,731.20       340,139.98    103,653,883.92

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                   919,148.23
SECURITY PRINCIPAL COLLECTIONS:                3,546,003.60
AGGREGATE SECURITY COLLECTIONS:                4,465,151.83




MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------
GMACMC LOANS:              **,***,***.**      9.6939

GOAL LINE LOANS:           99,999,999.99     99.9999

TOTAL LOANS:              105,774,394.76      9.5611




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:            107,825.16      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                0.105 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500



























Run:         05/13/1999                                             REPT2H.FRM
             16:25:52

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS3     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 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  16
CURRENT AMOUNT:            2,120,510.84                               360,976.22
TARGET AMOUNT:             2,674,620.43
                                                   60 - 89 DAYS DELINQUENT   7
                                                                      286,826.47
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 10
                                                                      380,369.91
DRAW AMOUNT:                       0.00
PRIOR DRAWS NOT                                    180 OR MORE DELINQUENT   10
YET REIMBURSED:                    0.00                               353,115.29

                                                   REO LOANS                 0
 ADDITIONAL BALANCES                                                        0.00


CURRENT PERIOD:            2,963,506.08


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:         05/20/1999                                             REPT1HC.FRG
             15:11:28

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI4     (ISSUER)
           RFMSII SERIES 1998-HI4


PAYMENT DATE:  05/25/1999


 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     2,159,135.91      1,070,490.08
76110VBR8                  186,985,167.61        10.795680          5.352450

                                  6.87000     1,075,832.93    183,750,198.77
                                                  5.379165        918.750994


CERTIFICATES                 7,264,348.67             0.00              0.00
                            12,181,824.14         0.000000          0.000000

                                  0.00000             0.00     13,257,657.07
                                                  0.000000       1825.030388


- -----------------------------------------------------------------------------
                           207,264,348.67     2,159,135.91      1,070,490.08
                           199,166,991.75     1,075,832.93    197,007,855.84

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 2,226,729.62
SECURITY PRINCIPAL COLLECTIONS:                2,124,371.74
AGGREGATE SECURITY COLLECTIONS:                4,351,101.36


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------


GMACMC LOANS:              99,999,999.99     99.9999

GOAL LINE LOANS:           **,***,***.**     13.6613

TOTAL LOANS:              197,007,855.84     13.4742




FUNDING ACCOUNT


DEPOSIT AMOUNT:                                        0.00
NEW BALANCE:                                           0.00

AGGREGATE LIQUIDATION                         CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE                          LOSS AMOUNTS AS A
COLLECTION PERIOD:             34,764.17      PERCENTAGE OF POOL BALANCE:

DISTRIBUTION TO                                                0.030 %
RESIDUAL OWNERSHIP
INTEREST:                           0.00



MASTER SERVICER:

RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA  91608
(818) 753-3500
































Run:         05/20/1999                                             REPT2H.FRM
             15:11:30

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI4     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

NOTES                                        0.00         0.00       93.27049319

CERTIFICATES                                 0.00         0.00        6.72950681

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  35
CURRENT AMOUNT:           13,257,657.07                             1,225,801.51
TARGET AMOUNT:            17,617,469.64
                                                   60 - 89 DAYS DELINQUENT  15
                                                                      606,594.33
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT 39
                                                                    1,308,178.59
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:         05/20/1999                                             REPT1HC.FRG
             14:47:37

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI1     (ISSUER)
           RFMSII SERIES 1999-HI1


PAYMENT DATE:  05/25/1999


 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       961,115.71        216,884.22
76110VBS6                   52,869,039.40        17.395759          3.925506

                                  5.09250     1,021,507.87     50,886,415.82
                                                 18.488830        921.021101


A-2 NOTES                   55,250,000.00       961,115.71        266,548.07
76110VBT4                   52,869,039.40        17.395759          4.824399

                                  6.05000     1,021,507.87     50,886,415.82
                                                 18.488830        921.021101


A-3 NOTES                  120,200,000.00             0.00        632,051.67
76110VBU1                  120,200,000.00         0.000000          5.258333

                                  6.31000             0.00    120,200,000.00
                                                  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              0.00
                             2,753,011.24         0.000000          0.000000

                                  0.00000             0.00      4,796,026.97
                                                  0.000000      31018.485390


- -----------------------------------------------------------------------------
                           439,688,753.89     1,922,231.42      2,310,313.96
                           437,591,090.04     2,043,015.74    435,668,858.61

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 4,791,791.42
SECURITY PRINCIPAL COLLECTIONS:                1,922,231.43
AGGREGATE SECURITY COLLECTIONS:                6,714,022.85


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------
GMACMC LOANS:              **,***,***.**     13.2027

GOAL LINE LOANS:           50,653,546.83     14.0837

TOTAL LOANS:              435,668,858.61     13.3281




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:         05/20/1999                                             REPT2H.FRM
             14:47:39

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI1     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

A-1 NOTES                                    0.00         0.00       11.68006728

A-2 NOTES                                    0.00         0.00       11.68006728

A-3 NOTES                                    0.00         0.00       27.58976172

A-4 NOTES                                    0.00         0.00       11.93567063

A-5 NOTES                                    0.00         0.00       14.89663507

A-6 NOTES                                    0.00         0.00       21.11695573

CERTIFICATES                                 0.00         0.00        1.10084227

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  30
CURRENT AMOUNT:            4,796,026.97                             1,069,443.82
TARGET AMOUNT:             8,793,775.08
                                                   60 - 89 DAYS DELINQUENT   6
                                                                      218,227.18
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  0
                                                                            0.00
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:         05/24/1999                                             REPT1HC.FRG
             13:56:00

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS2     (ISSUER)
           RFMSII SERIES 1999-HS2


PAYMENT DATE:  05/25/1999


 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     2,466,811.84        164,808.18
76110VCC0                   36,221,577.08        64.916101          4.337057

                                  5.46000             0.00     33,754,765.24
                                                  0.000000        888.283296


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     2,309,314.17        657,618.95
76110VCF3                  127,589,772.80        17.824834          5.075944

                                  6.18500             0.00    125,280,458.63
                                                  0.000000        966.998507


IO CERTIFICATE                       0.00             0.00         38,375.01
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        320,280.81


- -----------------------------------------------------------------------------
                           230,657,000.00     4,776,126.01      1,182,794.09
                           226,912,349.88             0.00    222,456,504.68

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 1,875,085.65
SECURITY PRINCIPAL COLLECTIONS:                4,108,416.62
AGGREGATE SECURITY COLLECTIONS:                5,983,502.27


MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------
GMACMC LOANS:              **,***,***.**     10.2049



GOAL LINE LOANS:           99,999,999.99     99.9999

TOTAL LOANS:              222,456,504.68     10.0651




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:         05/24/1999                                             REPT2H.FRM
             13:56:03

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS2     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/25/1999

 ADDITIONAL INFORMATION

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS                            EXCESS          REMAINING            ENDING
                            LOSS AMOUNT             UNPAID          SECURITY
                                                  INTEREST        PERCENTAGE

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

A-I-1 CERTIFICATE                            0.00         0.00       15.17364722

A-I-2 CERTIFICATE                            0.00         0.00        8.99052155

A-I-3 CERTIFICATE                            0.00         0.00        5.39431293

A-I-4 CERTIFICATE                            0.00         0.00        7.18837151

A-I-5 CERTIFICATE                            0.00         0.00        2.24763039

A-I-6 CERTIFICATE                            0.00         0.00        4.54470865

A-II CERTIFICATE                             0.00         0.00       56.31683318

IO CERTIFICATE                               0.00         0.00        0.00000000

R-I CERTIFICATE                              0.00         0.00        0.00000000

R-II CERTIFICATE                             0.00         0.00        0.14397458

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  10
CURRENT AMOUNT:              320,280.81                               320,411.18
TARGET AMOUNT:             6,422,451.65
                                                   60 - 89 DAYS DELINQUENT   1
                                                                      138,234.26
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  0
                                                                            0.00
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:         05/24/1999                                             REPT1HC.FRG
             13:54:33

Page:        1

RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS3     (ISSUER)
           RFMSII SERIES 1999-HS3


PAYMENT DATE:  05/20/1999


 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     8,092,381.86      1,144,479.90
76110VBY3                  264,237,782.79        29.426843          4.161745

                                  5.19750       792,102.39    255,353,298.54
                                                  2.880372        928.557449


VARIABLE FUNDING NOTES               0.00             0.00              0.00


                                  5.19750             0.00              0.00


CERTIFICATE                          0.00             0.00              0.00


                                  0.00000             0.00              0.00


- -----------------------------------------------------------------------------
                           275,000,000.00     8,092,381.86      1,144,479.90
                           264,237,782.79       792,102.39    255,353,298.54

=============================================================================


 SECURITY COLLECTIONS


SECURITY INTEREST COLLECTIONS:                 1,967,410.03
SECURITY PRINCIPAL COLLECTIONS:                8,092,381.86
AGGREGATE SECURITY COLLECTIONS:               10,059,791.89




MORTGAGE LOANS:            ENDING            WEIGHTED AVERAGE
                           ASSET BALANCE     NET LOAN RATE
                           -------------     ----------------
GMACMC LOANS:              **,***,***.**      9.0083

GOAL LINE LOANS:           99,999,999.99     99.9999

TOTAL LOANS:              254,434,938.47      8.8849




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:         05/24/1999                                             REPT2H.FRM
             13:54:36

Page:        2

RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS3     (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)



PAYMENT DATE:     05/20/1999

 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

CERTIFICATE                                  0.00         0.00        0.00000000

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA


 RESERVE AMOUNT                                     DELINQUENCY


AT END OF CURRENT PERIOD:                          LOANS
                                                   30 - 59 DAYS DELINQUENT  37
CURRENT AMOUNT:                    0.00                             1,314,232.60
TARGET AMOUNT:             5,037,129.83
                                                   60 - 89 DAYS DELINQUENT   5
                                                                      112,250.73
 CREDIT ENHANCEMENT
                                                   90 - 179 DAYS DELINQUENT  0
                                                                            0.00
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:            6,588,047.90


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










 ................................................................................




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