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)
August 25, 1999
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
(Exact name of the registrant
as specified in its charter)
Delaware 333-77561 41-1808858
(State or other (Commission (I.R.S. Employee
jurisdiction of File No.) Identification No.)
Incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota
(Address of Principal (Zip Code)
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
<PAGE>
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the August, 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
1995-1 RFM2 1996-HS1 RFM2 1996-HS2 RFM2 1996-HS3 RFM2 1996-RHS4 RFM2 1997-GMACM4
RFM2 1997-HI1 RFM2 1997-HI3 RFM2 1997-HS2 RFM2 1997-HS5 RFM2 1998-HI2 RFM2
1998-HI4 RFM2 1998-HS1 RFM2 1998-HS3 RFM2 1999-HI1 RFM2 1999-HI4 RFM2 1999-HI4
RFM2 1999-HS2 RFM2 1999-HS3 RFM2 1999-HS5 RFM2 1999-HS5 RFM2
Item 7. Financial Statements and Exhibits
(a) See attached monthly reports.
.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated August 25, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL FUNDING MORTGAGE
SECURITIES II, INC.
By: /s/ Davee Olson
Name: Davee Olson
Title:Chief Financial Officer
Dated:August 25, 1999
<PAGE>
Run: 08/11/99 REPT1HC.FRG
19:17:57
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1995-1 (ISSUER)
SERIES 1995-1
PAYMENT DATE: 08/20/99
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 128,078,000.00 997,125.70 173,625.66
525180AF2 36,793,759.75 7.785300 1.355624
5.48000 0.00 35,796,634.05
0.000000 279.490889
CERTIFICATES 6,740,000.00 52,472.93 9,387.01
525180AG0 1,936,241.52 7.785301 1.392731
5.63000 0.00 1,883,768.59
0.000000 279.490889
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.48000 0.00 0.00
- -----------------------------------------------------------------------------
134,818,000.00 1,049,598.63 183,012.67
38,730,001.27 0.00 37,680,402.64
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 311,801.70
SECURITY PRINCIPAL COLLECTIONS: 1,019,233.00
AGGREGATE SECURITY COLLECTIONS: 1,331,034.70
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
FIDELITY LOANS: 12,619,934.28 9.1121
GMACMC LOANS: 13,201,061.24 8.8476
GOAL LINE LOANS: 13,881,686.09 9.4655
TOTAL LOANS: 39,702,681.61 9.1498
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 30,905.03 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 9.103 %
RESIDUAL OWNERSHIP
INTEREST: 94,118.36
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 08/16/1999 REPT1HC.FRG
14:26:14
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS1 (ISSUER)
RFMSII SERIES 1996-HS1
PAYMENT DATE: 08/20/1999
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 1,882,235.70 216,640.62
76110VAA6 46,503,263.20 11.613219 1.336652
5.41000 0.00 44,621,027.50
0.000000 275.307585
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.41000 0.00 0.00
CERTIFICATES 14,092,938.00 163,664.37 19,255.19
76110VAB4 4,043,557.10 11.613219 1.366301
5.53000 0.00 3,879,892.73
0.000000 275.307585
VARIABLE FUNDING CERT 0.00 0.00 0.00
76110VAB4
5.53000 0.00 0.00
- -----------------------------------------------------------------------------
176,169,938.00 2,045,900.07 235,895.81
50,546,820.30 0.00 48,500,920.23
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 427,043.29
SECURITY PRINCIPAL COLLECTIONS: 2,060,743.86
AGGREGATE SECURITY COLLECTIONS: 2,487,787.15
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 50,613,272.35 9.5654
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 4,824.63 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 5.775 %
RESIDUAL OWNERSHIP
INTEREST: 198,830.47
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/16/1999 REPT2H.FRM
14:26:15
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: 08/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 92.00037296
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 7.99962704
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 27
CURRENT AMOUNT: 2,112,352.12 875,802.90
TARGET AMOUNT: 2,112,352.12
60 - 89 DAYS DELINQUENT 6
231,408.73
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 10
323,113.19
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 12
YET REIMBURSED: 0.00 740,860.59
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 839,806.23
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: 08/27/99 08:24:56 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 4,881,142.07 7.550000 % 2,058,290.94
A-5 76110VAG3 9,374,000.00 9,374,000.00 7.850000 % 0.00
A-6 76110VAH1 12,341,000.00 12,341,000.00 7.950000 % 0.00
A-L 76110VAK4 20,152,179.00 20,152,179.00 7.600000 % 0.00
IO 76110VAJ7 0.00 0.00 1.700000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 2,972,994.11 0.000000 % 138,879.14
- -------------------------------------------------------------------------------
198,367,179.00 49,721,315.18 2,197,170.08
===============================================================================
- -------------------------------------------------------------------------------
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 30,710.52 2,089,001.46 0.00 0.00 2,822,851.13
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 26,338.71 26,338.71 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 162,133.77 301,012.91 0.00 0.00 2,834,114.97
- -------------------------------------------------------------------------------
489,894.18 2,687,064.26 0.00 0.00 47,524,145.10
===============================================================================
- -------------------------------------------------------------------------------
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-4 184.194040 77.671356 1.158888 78.830244 0.000000 106.522684
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-August-99
DISTRIBUTION DATE 25-August-99
Run: 08/27/99 08:24:56 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 21,729.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,476.44
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 624,916.25
(B) TWO MONTHLY PAYMENTS: 1 26,423.36
(C) THREE OR MORE MONTHLY PAYMENTS: 6 149,469.53
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,524,145.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,763
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 0.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.02068490 % 5.97931510 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.03647350 % 5.96352650 %
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: 23.95766539
................................................................................
Run: 08/18/1999 REPT1HC.FRG
08:19:04
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS3 (ISSUER)
RFMSII SERIES 1996-HS3
PAYMENT DATE: 08/20/1999
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 1,559,367.68 308,799.21
43707QAC2 66,531,638.14 6.306999 1.248965
5.39000 0.00 64,972,270.46
0.000000 262.786035
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.39000 0.00 0.00
CERTIFICATES 21,499,396.00 135,596.67 27,798.55
43707QAD0 5,785,337.69 6.306999 1.292992
5.58000 0.00 5,649,741.02
0.000000 262.786035
VARIABLE FUNDING CERT 0.00 0.00 0.00
5.58000 0.00 0.00
- -----------------------------------------------------------------------------
268,743,396.00 1,694,964.35 336,597.76
72,316,975.83 0.00 70,622,011.48
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 616,863.27
SECURITY PRINCIPAL COLLECTIONS: 3,001,633.97
AGGREGATE SECURITY COLLECTIONS: 3,618,497.24
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 73,947,269.24 9.7921
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 53,423.61 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 2.366 %
RESIDUAL OWNERSHIP
INTEREST: ***,***.**
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/18/1999 REPT2H.FRM
08:19:05
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: 08/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 92.00002818
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 7.99997182
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 48
CURRENT AMOUNT: 3,325,257.76 1,646,725.98
TARGET AMOUNT: 3,325,257.76
60 - 89 DAYS DELINQUENT 8
203,260.60
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 5
257,933.35
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 2
YET REIMBURSED: 0.00 232,412.79
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 979,594.45
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: 08/16/1999 REPT1HE.FRG
07:43:31
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: 08/20/1999
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 1,047,725.32 199,407.78
43707QAE8 43,284,173.34 8.978407 1.708811
5.35000 0.00 42,236,448.02
0.000000 361.942210
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.35000 0.00 0.00
0.000000 0.000000
CERTIFICATES 10,147,353.78 91,107.07 18,085.36
43707QAF5 3,763,862.71 8.978407 1.782274
5.58000 0.00 3,672,755.64
0.000000 361.942209
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
5.58000 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
126,841,253.78 1,138,832.39 217,493.14
47,048,036.05 0.00 45,909,203.66
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 376,687.43
SECURITY PRINCIPAL COLLECTIONS: 1,294,452.69
AGGREGATE SECURITY COLLECTIONS: 1,671,140.12
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
47,919,285.14 9.3024
TOTAL LOANS: 47,919,285.14 9.1750
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.515 %
RESIDUAL OWNERSHIP
INTEREST: 309,913.75
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/16/1999 REPT2H.FRM
07:43:32
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 91.99995786
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 8.00004214
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 33
CURRENT AMOUNT: 2,010,081.48 1,003,054.39
TARGET AMOUNT: 2,010,081.48
60 - 89 DAYS DELINQUENT 5
181,999.01
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 0
0.00
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 19
YET REIMBURSED: 0.00 528,979.92
REO LOANS 2
ADDITIONAL BALANCES 46,221.40
CURRENT PERIOD: 791,966.32
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: 08/19/1999 REPT1HC.FRG
12:37:40
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RFMSII SERIES 1997-HI1
PAYMENT DATE: 08/25/1999
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 2,437,295.01 39,207.53
437184AC8 6,980,568.43 91.973397 1.479529
6.74000 92,959.72 4,450,313.70
3.507914 167.936366
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
12,490,182.69 0.000000 0.000000
0.00000 0.00 12,583,142.41
0.000000 2305.981333
- -----------------------------------------------------------------------------
154,734,428.36 2,437,295.01 483,362.72
92,288,751.12 92,959.72 89,851,456.11
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,040,878.54
SECURITY PRINCIPAL COLLECTIONS: 1,992,688.54
AGGREGATE SECURITY COLLECTIONS: 3,033,567.08
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 89,851,456.11 13.0453
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 444,606.47 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 15.248 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/19/1999 REPT2H.FRM
12:37:41
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
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 4.95296781
A-4 NOTES 0.00 0.00 29.04794327
A-5 NOTES 0.00 0.00 10.51735877
A-6 NOTES 0.00 0.00 27.82370045
A-7 NOTES 0.00 0.00 13.65364629
CERTIFICATES 0.00 0.00 14.00438341
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 29
CURRENT AMOUNT: 12,583,142.41 973,740.52
TARGET AMOUNT: 13,926,098.55
60 - 89 DAYS DELINQUENT 21
655,619.32
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 48
1,656,696.49
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: 08/13/1999 REPT1HC.FRG
09:42:24
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RFMSII SERIES 1997-HS2
PAYMENT DATE: 08/20/1999
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 3,347,963.24 417,540.36
76110VAP3 90,887,643.75 11.144909 1.389934
5.33500 0.00 87,539,680.51
0.000000 291.407543
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.33500 0.00 0.00
CERTIFICATES 0.00 0.00 324,337.48
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
300,402,933.00 3,347,963.24 741,877.84
90,887,643.75 0.00 87,539,680.51
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 783,748.47
SECURITY PRINCIPAL COLLECTIONS: 3,316,721.17
AGGREGATE SECURITY COLLECTIONS: 4,100,469.64
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 92,045,724.51 9.9493
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 31,267.07 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 3.426 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/13/1999 REPT2H.FRM
09:42:26
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
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 26
CURRENT AMOUNT: 4,506,044.00 1,029,856.49
TARGET AMOUNT: 4,506,044.00
60 - 89 DAYS DELINQUENT 6
294,385.75
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
276,455.48
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 31
YET REIMBURSED: 0.00 1,290,636.68
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,248,198.91
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: 08/19/1999 REPT1HC.FRG
13:05:51
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RFMSII SERIES 1997-HI3
PAYMENT DATE: 08/25/1999
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 1,855,892.70 365,698.47
437184AJ3 61,119,521.58 18.558927 3.656985
7.18000 10,467.38 59,253,161.50
0.104674 592.531615
A-PB NOTES 122,765,141.00 2,278,389.29 448,950.24
437184AH7 75,033,467.06 18.558927 3.656985
7.18000 12,850.30 72,742,227.47
0.104674 592.531617
CERTIFICATES 8,079,564.43 0.00 0.00
15,006,498.52 0.000000 0.000000
0.00000 0.00 15,029,816.20
0.000000 1857.340040
- -----------------------------------------------------------------------------
230,844,705.43 4,134,281.99 814,648.71
151,159,487.16 23,317.68 147,025,205.17
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,648,541.56
SECURITY PRINCIPAL COLLECTIONS: 3,388,544.81
AGGREGATE SECURITY COLLECTIONS: 5,037,086.37
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 147,025,205.17 12.8157
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 745,737.18 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 11.270 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/19/1999 REPT2H.FRM
13:05:52
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-PV NOTES 0.00 0.00 40.30136291
A-PB NOTES 0.00 0.00 49.47602514
CERTIFICATES 0.00 0.00 10.22261195
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 36
CURRENT AMOUNT: 15,029,816.20 1,307,694.66
TARGET AMOUNT: 20,776,023.49
60 - 89 DAYS DELINQUENT 27
956,294.81
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 52
1,817,612.10
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: 08/16/1999 REPT1HE.FRG
08:04:02
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: 08/20/1999
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 2,637,669.51 419,644.47
43707QAG3 90,919,600.05 13.596235 2.163116
5.36000 0.00 88,281,930.54
0.000000 455.061498
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.36000 0.00 0.00
0.000000 0.000000
CERTIFICATES 62,173.00 0.00 227,624.88
3,396,088.23 0.000000 3661.153234
0.00000 0.00 3,396,088.23
0.000000 455.061498
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 2,637,669.51 647,269.35
94,315,688.28 0.00 91,678,018.77
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 671,397.63
SECURITY PRINCIPAL COLLECTIONS: 2,622,972.80
AGGREGATE SECURITY COLLECTIONS: 3,294,370.43
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 91,678,018.77 8.8257
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 14,696.71 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.169 %
RESIDUAL OWNERSHIP
INTEREST: 227,624.88
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/16/1999 REPT2H.FRM
08:04:03
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 96.29563523
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 3.70436477
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 63
CURRENT AMOUNT: 3,396,088.23 1,481,882.44
TARGET AMOUNT: 3,396,088.03
60 - 89 DAYS DELINQUENT 24
670,266.86
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 5
132,388.61
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 34
YET REIMBURSED: 0.00 1,149,480.72
REO LOANS 1
ADDITIONAL BALANCES 16,673.27
CURRENT PERIOD: 1,429,125.38
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: 08/20/1999 REPT1HC.FRG
15:10:23
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RFMSII SERIES 1997-HS5
PAYMENT DATE: 08/25/1999
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 0.00 0.00
76110VAU2 0.00 0.000000 0.000000
6.67000 0.00 0.00
0.000000 0.000000
A-6 Certificates 8,300,000.00 0.00 0.00
76110VAV0 0.00 0.000000 0.000000
6.76000 0.00 0.00
0.000000 0.000000
A-7 Certificates 18,778,000.00 3,969,891.48 103,395.68
76110VAW8 17,724,973.62 211.411837 5.506214
7.00000 0.00 13,755,082.14
0.000000 732.510498
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 573.80 108,526.81 0.00
4,592,531.00 0.000000
0.00000 0.00 4,592,531.00
0.000000
- -----------------------------------------------------------------------------
229,626,573.80 4,078,418.29 578,554.83
80,565,504.62 0.00 76,595,613.14
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 832,780.80
SECURITY PRINCIPAL COLLECTIONS: 3,824,400.13
AGGREGATE SECURITY COLLECTIONS: 4,657,180.93
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 76,595,613.14 10.9987
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 78,525.21 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.409 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/20/1999 REPT2H.FRM
15:10:24
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
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 0.00000000
A-7 Certificates 0.00 0.00 17.95805475
A-L1 Certificates 0.00 0.00 26.48715660
A-L2 Certificates 0.00 0.00 1.59278051
IO Certificates 0.00 0.00 0.00000000
M-1 Certificates 0.00 0.00 25.48187709
M-2 Certificates 0.00 0.00 11.99154837
B-1 Certificates 0.00 0.00 10.49276802
R-I Certificates 0.00 0.00 0.00000000
R-II Certificates 0.00 0.00 5.99581466
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 8
CURRENT AMOUNT: 4,592,531.00 225,214.46
TARGET AMOUNT: 4,592,531.00
60 - 89 DAYS DELINQUENT 1
33,701.10
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 6
204,780.28
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: 08/13/1999 REPT1HC.FRG
11:32:20
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RFMSII SERIES 1998-HS1
PAYMENT DATE: 08/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 517,879,000.00 7,563,419.73 914,930.70
76110VBD9 198,227,644.06 14.604608 1.766688
5.36000 0.00 190,664,224.33
0.000000 368.163653
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.36000 0.00 0.00
CERTIFICATES 0.00 0.00 541,148.16
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
517,879,000.00 7,563,419.73 1,456,078.86
198,227,644.06 0.00 190,664,224.33
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,662,823.84
SECURITY PRINCIPAL COLLECTIONS: 7,378,635.76
AGGREGATE SECURITY COLLECTIONS: 9,041,459.60
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 198,317,618.68 9.7126
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 185,270.32 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.483 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/13/1999 REPT2H.FRM
11:32:21
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
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 53
CURRENT AMOUNT: 7,653,394.35 1,923,318.09
TARGET AMOUNT: 7,653,394.35
60 - 89 DAYS DELINQUENT 9
205,099.83
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 12
417,001.71
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 37
YET REIMBURSED: 0.00 1,511,277.64
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 2,812,511.44
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: 08/20/1999 REPT1HC.FRG
14:12:21
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RFMSII SERIES 1998-HI2
PAYMENT DATE: 08/25/1999
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 8,087,103.56 183,046.40
76110VBE7 42,211,035.73 60.046804 1.359121
5.20375 0.00 34,123,932.17
0.000000 253.370450
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 8,087,103.56 1,915,456.06
311,531,035.73 0.00 303,443,932.17
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 3,658,862.15
SECURITY PRINCIPAL COLLECTIONS: 6,343,941.39
AGGREGATE SECURITY COLLECTIONS: 10,002,803.54
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 316,576,775.78 13.2033
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 674,074.01 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.879 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/20/1999 REPT2H.FRM
14:12:22
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Notes 0.00 0.00 11.24554771
A-2 Notes 0.00 0.00 28.66756945
A-3 Notes 0.00 0.00 7.67192800
A-4 Notes 0.00 0.00 7.04907818
A-5 Notes 0.00 0.00 10.74992661
A-6 Notes 0.00 0.00 0.00000000
M-1 Notes 0.00 0.00 13.31382694
M-2 Notes 0.00 0.00 9.31967886
B-1 Notes 0.00 0.00 7.98829617
B-2 Notes 0.00 0.00 3.99414808
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 106
CURRENT AMOUNT: 13,132,843.61 3,380,563.21
TARGET AMOUNT: 14,007,639.07
60 - 89 DAYS DELINQUENT 44
1,575,593.69
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 90
2,817,149.66
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: 08/18/1999 REPT1HC.FRG
08:31:16
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RFMSII SERIES 1998-HS3
PAYMENT DATE: 08/20/1999
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 3,160,851.27 440,671.47
95,297,487.57 21.072342 2.937810
5.37000 0.00 92,136,636.30
0.000000 614.244242
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.37000 0.00 0.00
CERTIFICATES 0.00 0.00 318,409.76
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
150,000,000.00 3,160,851.27 759,081.23
95,297,487.57 0.00 92,136,636.30
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 809,492.06
SECURITY PRINCIPAL COLLECTIONS: 3,121,161.41
AGGREGATE SECURITY COLLECTIONS: 3,930,653.47
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: 94,811,256.73 9.9138
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 94,811,256.73 9.7780
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 39,689.86 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.314 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/18/1999 REPT2H.FRM
08:31:17
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
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 19
CURRENT AMOUNT: 2,674,620.43 494,789.29
TARGET AMOUNT: 2,674,620.43
60 - 89 DAYS DELINQUENT 5
115,086.81
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 8
272,679.21
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 12
YET REIMBURSED: 0.00 429,374.73
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,634,096.83
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: 08/19/1999 REPT1HC.FRG
15:18:55
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RFMSII SERIES 1998-HI4
PAYMENT DATE: 08/25/1999
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 2,631,596.25 1,016,784.59
76110VBR8 177,604,295.42 13.157981 5.083923
6.87000 802,382.56 174,170,316.61
4.011913 870.851583
CERTIFICATES 7,264,348.67 0.00 0.00
14,084,642.69 0.000000 0.000000
0.00000 0.00 14,887,025.25
0.000000 2049.326915
- -----------------------------------------------------------------------------
207,264,348.67 2,631,596.25 1,016,784.59
191,688,938.11 802,382.56 189,057,341.86
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 2,160,151.67
SECURITY PRINCIPAL COLLECTIONS: 2,334,602.45
AGGREGATE SECURITY COLLECTIONS: 4,494,754.12
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.2276
GOAL LINE LOANS: 945,861.92 13.2207
TOTAL LOANS: 189,057,341.86 13.0473
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 297,055.80 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.702 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/19/1999 REPT2H.FRM
15:18:56
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
NOTES 0.00 0.00 92.12565611
CERTIFICATES 0.00 0.00 7.87434389
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 46
CURRENT AMOUNT: 14,887,025.25 1,453,731.61
TARGET AMOUNT: 17,617,469.64
60 - 89 DAYS DELINQUENT 30
884,158.05
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 31
1,067,453.76
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: 08/19/1999 REPT1HC.FRG
16:28:30
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RFMSII SERIES 1999-HI1
PAYMENT DATE: 08/25/1999
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 1,781,471.49 207,756.88
76110VBS6 46,654,177.00 32.243828 3.760306
5.34375 300,621.81 44,572,083.70
5.441119 806.734547
A-2 NOTES 55,250,000.00 1,781,471.49 235,214.81
76110VBT4 46,654,177.00 32.243828 4.257282
6.05000 300,621.81 44,572,083.70
5.441119 806.734547
A-3 NOTES 120,200,000.00 0.00 632,051.67
76110VBU1 120,199,999.99 0.000000 5.258333
6.31000 0.01 120,199,999.98
0.000000 1000.000000
A-4 NOTES 52,000,000.00 0.00 282,100.00
76110VBV9 52,000,000.00 0.000000 5.425000
6.51000 0.00 52,000,000.00
0.000000 1000.000000
A-5 NOTES 64,900,000.00 0.00 369,930.00
76110VBW7 64,900,000.00 0.000000 5.700000
6.84000 0.00 64,900,000.00
0.000000 1000.000000
A-6 NOTES 92,000,000.00 0.00 542,800.00
76110VBX5 92,000,000.00 0.000000 5.900000
7.08000 0.00 92,000,000.00
0.000000 1000.000000
CERTIFICATES 88,753.89 0.00 1,530,805.31
8,192,531.45 0.000000 0.000000
0.00000 0.00 8,793,775.08
0.000000 0.000000
- -----------------------------------------------------------------------------
439,688,753.89 3,562,942.98 3,800,658.67
430,600,885.44 601,243.63 427,037,942.46
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,827,830.72
SECURITY PRINCIPAL COLLECTIONS: 3,562,942.98
AGGREGATE SECURITY COLLECTIONS: 8,390,773.70
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.1994
GOAL LINE LOANS: 49,172,218.95 14.0814
TOTAL LOANS: 427,037,942.46 13.3233
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 0.008 %
RESIDUAL OWNERSHIP
INTEREST: ***,***.**
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/19/1999 REPT2H.FRM
16:28:31
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 10.43749964
A-2 NOTES 0.00 0.00 10.43749964
A-3 NOTES 0.00 0.00 28.14738177
A-4 NOTES 0.00 0.00 12.17690393
A-5 NOTES 0.00 0.00 15.19771279
A-6 NOTES 0.00 0.00 21.54375311
CERTIFICATES 0.00 0.00 2.05924912
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 48
CURRENT AMOUNT: 8,793,775.08 1,737,622.39
TARGET AMOUNT: 8,793,775.08
60 - 89 DAYS DELINQUENT 19
622,579.49
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 33
1,162,523.34
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: -42.61
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: 08/20/1999 REPT1HC.FRG
15:14:00
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RFMSII SERIES 1999-HS2
PAYMENT DATE: 08/25/1999
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 2,110,174.15 140,869.82
76110VBZ0 30,960,400.09 55.530899 3.707101
5.46000 0.00 28,850,225.94
0.000000 759.216472
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 2,022,279.51 626,009.92
76110VCF3 121,457,058.47 15.609308 4.831964
6.18500 0.00 119,434,778.96
0.000000 921.877636
IO CERTIFICATE 0.00 0.00 38,441.67
76110VCG1
2.00000 0.00 0.00
R-I CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 0.00
R-II CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 2,037,930.41
- -----------------------------------------------------------------------------
230,657,000.00 4,132,453.66 1,127,313.36
216,852,448.73 0.00 213,423,935.31
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,913,079.48
SECURITY PRINCIPAL COLLECTIONS: 3,370,035.37
AGGREGATE SECURITY COLLECTIONS: 5,283,114.85
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 10.2103
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 213,423,935.31 10.0705
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 58,478.05 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.037 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/20/1999 REPT2H.FRM
15:14:01
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-I-1 CERTIFICATE 0.00 0.00 13.51780244
A-I-2 CERTIFICATE 0.00 0.00 9.37102016
A-I-3 CERTIFICATE 0.00 0.00 5.62261209
A-I-4 CERTIFICATE 0.00 0.00 7.49259917
A-I-5 CERTIFICATE 0.00 0.00 2.34275504
A-I-6 CERTIFICATE 0.00 0.00 4.73705069
A-II CERTIFICATE 0.00 0.00 55.96128606
IO CERTIFICATE 0.00 0.00 0.00000000
R-I CERTIFICATE 0.00 0.00 0.00000000
R-II CERTIFICATE 0.00 0.00 0.95487435
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 3
CURRENT AMOUNT: 2,037,930.41 121,212.66
TARGET AMOUNT: 6,422,451.65
60 - 89 DAYS DELINQUENT 4
154,385.01
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 1
18,086.05
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 08/13/1999 REPT1HC.FRG
15:21:21
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RFMSII SERIES 1999-HS3
PAYMENT DATE: 08/20/1999
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 8,130,335.51 1,119,628.76
76110VBY3 238,571,384.06 29.564856 4.071377
5.45000 722,646.68 229,718,401.87
2.627806 835.339643
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.45000 0.00 0.00
CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 1,313,951.82
- -----------------------------------------------------------------------------
275,000,000.00 8,130,335.51 1,119,628.76
239,162,689.20 722,646.68 231,032,353.69
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,870,108.77
SECURITY PRINCIPAL COLLECTIONS: 8,130,335.51
AGGREGATE SECURITY COLLECTIONS: 10,000,444.28
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 9.8414
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 231,032,353.69 9.7066
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 0.010 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 08/13/1999 REPT2H.FRM
15:21:22
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 99.43126934
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATE 0.00 0.00 0.56873066
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 22
CURRENT AMOUNT: 1,313,951.82 792,454.24
TARGET AMOUNT: 5,037,129.83
60 - 89 DAYS DELINQUENT 3
127,168.68
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
182,483.02
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: 3,729,058.50
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: 08/20/1999 REPT1HC.FRG
10:45:57
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RFMSII SERIES 1999-HI4
PAYMENT DATE: 08/25/1999
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 86,300,000.00 1,572,379.37 446,755.79
76110VCK2 83,636,028.95 18.219923 5.176776
6.41000 2,024,395.17 80,039,254.41
23.457650 927.453701
A-2 NOTES 52,300,000.00 0.00 295,495.00
52,300,000.00 0.000000 5.650000
6.78000 0.00 52,300,000.00
0.000000 1000.000000
A-3 NOTES 54,000,000.00 0.00 313,200.00
54,000,000.00 0.000000 5.800000
6.96000 0.00 54,000,000.00
0.000000 1000.000000
A-4 NOTES 36,700,000.00 0.00 218,670.83
36,700,000.00 0.000000 5.958333
7.15000 0.00 36,700,000.00
0.000000 1000.000000
A-5 NOTES 37,400,000.00 0.00 229,075.00
37,400,000.00 0.000000 6.125000
7.35000 0.00 37,400,000.00
0.000000 1000.000000
A-6 NOTES 74,700,000.00 0.00 478,080.00
74,700,000.00 0.000000 6.400000
7.68000 0.00 74,700,000.00
0.000000 1000.000000
A-7 NOTES 83,921,000.00 0.00 548,983.21
83,921,000.00 0.000000 6.541667
7.85000 0.00 83,921,000.00
0.000000 1000.000000
CERTIFICATES 516.25 0.00 0.00
1,569,531.46 0.000000 0.000000
0.00000 0.00 3,593,926.63
0.000000 *****.******
- -----------------------------------------------------------------------------
425,321,516.25 1,572,379.37 2,530,259.83
424,226,560.41 2,024,395.17 422,654,181.04
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,818,815.64
SECURITY PRINCIPAL COLLECTIONS: 1,572,379.37
AGGREGATE SECURITY COLLECTIONS: 6,391,195.01
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.9033
GOAL LINE LOANS: 14,826,877.67 13.9054
TOTAL LOANS: 422,654,181.04 13.7196
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: 08/20/1999 REPT2H.FRM
10:45:59
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 18.93729153
A-2 NOTES 0.00 0.00 12.37418257
A-3 NOTES 0.00 0.00 12.77640265
A-4 NOTES 0.00 0.00 8.68322180
A-5 NOTES 0.00 0.00 8.84884184
A-6 NOTES 0.00 0.00 17.67402367
A-7 NOTES 0.00 0.00 19.85571272
CERTIFICATES 0.00 0.00 0.85032322
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 32
CURRENT AMOUNT: 3,593,926.63 1,066,945.78
TARGET AMOUNT: 8,506,430.33
60 - 89 DAYS DELINQUENT 4
164,305.45
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: 08/25/1999 REPT1HC.FRG
17:18:58
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RFMSII SERIES 1999-HS5
PAYMENT DATE: 08/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 135,500,000.00 3,375,367.43 605,599.22
76110VCS5 129,041,561.47 24.910461 4.469367
5.45000 175,569.91 125,490,624.13
1.295719 926.130067
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.45000 0.00 0.00
CERTIFICATES 0.00 0.00 0.00
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
135,500,000.00 3,375,367.43 605,599.22
129,041,561.47 175,569.91 125,490,624.13
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 795,686.31
SECURITY PRINCIPAL COLLECTIONS: 3,375,367.43
AGGREGATE SECURITY COLLECTIONS: 4,171,053.74
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 8.2559
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 124,740,591.96 8.1428
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: 08/25/1999 REPT2H.FRM
17:19:00
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 08/20/1999
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 21
CURRENT AMOUNT: 0.00 610,625.86
TARGET AMOUNT: 2,281,588.22
60 - 89 DAYS DELINQUENT 4
75,623.98
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
................................................................................
