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)
June 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 June 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.
.
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 June 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: June 25, 1999
<PAGE>
Run: 06/14/99 REPT1HC.FRG
19:35:44
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1995-1 (ISSUER)
SERIES 1995-1
PAYMENT DATE: 06/21/99
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 128,078,000.00 1,337,166.73 183,941.66
525180AF2 39,633,109.12 10.440253 1.436169
5.22125 0.00 38,295,942.39
0.000000 299.004844
CERTIFICATES 6,740,000.00 70,367.31 9,957.87
525180AG0 2,085,659.96 10.440254 1.477429
5.37125 0.00 2,015,292.65
0.000000 299.004844
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.22125 0.00 0.00
- -----------------------------------------------------------------------------
134,818,000.00 1,407,534.04 193,899.53
41,718,769.08 0.00 40,311,235.04
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 319,590.05
SECURITY PRINCIPAL COLLECTIONS: 1,367,600.54
AGGREGATE SECURITY COLLECTIONS: 1,687,190.59
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
FIDELITY LOANS: 13,308,265.64 9.1108
GMACMC LOANS: 13,918,205.54 8.8506
GOAL LINE LOANS: 15,107,042.83 9.4570
TOTAL LOANS: 42,333,514.01 9.1486
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 39,945.39 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 8.464 %
RESIDUAL OWNERSHIP
INTEREST: 81,592.35
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 06/14/1999 REPT1HC.FRG
18:13:56
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS1 (ISSUER)
RFMSII SERIES 1996-HS1
PAYMENT DATE: 06/21/1999
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 2,294,701.19 232,834.82
76110VAA6 50,849,633.34 14.158093 1.436569
5.15125 0.00 48,554,932.15
0.000000 299.579411
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.15125 0.00 0.00
CERTIFICATES 14,092,938.00 199,529.12 20,717.11
76110VAB4 4,421,483.17 14.158093 1.470035
5.27125 0.00 4,221,954.05
0.000000 299.579410
VARIABLE FUNDING CERT 0.00 0.00 0.00
76110VAB4
5.27125 0.00 0.00
- -----------------------------------------------------------------------------
176,169,938.00 2,494,230.31 253,551.93
55,271,116.51 0.00 52,776,886.20
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 456,743.50
SECURITY PRINCIPAL COLLECTIONS: 2,479,090.55
AGGREGATE SECURITY COLLECTIONS: 2,935,834.05
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 55,168,288.95 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: 15,942.04 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 5.269 %
RESIDUAL OWNERSHIP
INTEREST: 180,221.74
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/14/1999 REPT2H.FRM
18:13:59
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: 06/21/1999
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 20
CURRENT AMOUNT: 2,391,402.75 1,016,568.58
TARGET AMOUNT: 2,391,402.75
60 - 89 DAYS DELINQUENT 3
81,328.74
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 11
461,039.27
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 14
YET REIMBURSED: 0.00 861,966.93
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 318,669.52
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: 06/15/1999 REPT1HC.FRG
13:15:52
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS3 (ISSUER)
RFMSII SERIES 1996-HS3
PAYMENT DATE: 06/21/1999
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 3,241,523.06 335,904.65
43707QAC2 73,645,356.38 13.110624 1.358596
5.13125 0.00 70,403,833.32
0.000000 284.754467
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.13125 0.00 0.00
CERTIFICATES 21,499,396.00 281,870.49 30,290.54
43707QAD0 6,403,919.52 13.110624 1.408902
5.32125 0.00 6,122,049.03
0.000000 284.754466
VARIABLE FUNDING CERT 0.00 0.00 0.00
5.32125 0.00 0.00
- -----------------------------------------------------------------------------
268,743,396.00 3,523,393.55 366,195.19
80,049,275.90 0.00 76,525,882.35
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 675,966.84
SECURITY PRINCIPAL COLLECTIONS: 3,427,521.10
AGGREGATE SECURITY COLLECTIONS: 4,103,487.94
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 81,211,023.70 9.5619
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 96,387.27 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 2.088 %
RESIDUAL OWNERSHIP
INTEREST: 200,709.91
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/15/1999 REPT2H.FRM
13:15:54
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: 06/21/1999
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 30
CURRENT AMOUNT: 4,685,141.35 1,030,105.42
TARGET AMOUNT: 4,685,141.35
60 - 89 DAYS DELINQUENT 8
236,336.02
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 20
976,195.98
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 27
YET REIMBURSED: 0.00 1,282,764.64
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 796,515.52
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: 06/15/1999 REPT1HE.FRG
15:05:11
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: 06/21/1999
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 1,002,168.06 207,340.21
43707QAE8 45,815,416.57 8.588007 1.776787
5.09125 0.00 44,813,248.51
0.000000 384.023917
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.09125 0.00 0.00
0.000000 0.000000
CERTIFICATES 10,147,353.78 87,145.55 18,844.19
43707QAF5 3,983,972.08 8.588007 1.857055
5.32125 0.00 3,896,826.53
0.000000 384.023915
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
5.32125 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
126,841,253.78 1,089,313.61 226,184.40
49,799,388.65 0.00 48,710,075.04
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 391,176.35
SECURITY PRINCIPAL COLLECTIONS: 1,131,449.73
AGGREGATE SECURITY COLLECTIONS: 1,522,626.08
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
50,847,327.00 9.0490
TOTAL LOANS: 50,847,327.00 8.9250
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 40,333.84 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.486 %
RESIDUAL OWNERSHIP
INTEREST: 201,940.63
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/15/1999 REPT2H.FRM
15:05:13
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
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 20
CURRENT AMOUNT: 2,137,251.96 616,337.00
TARGET AMOUNT: 2,137,251.96
60 - 89 DAYS DELINQUENT 8
254,844.15
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 4
200,460.26
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 17
YET REIMBURSED: 0.00 432,705.91
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 908,444.67
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: 06/17/1999 REPT1HC.FRG
11:26:45
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RFMSII SERIES 1997-HI1
PAYMENT DATE: 06/25/1999
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 1,827,560.75 62,414.33
437184AC8 11,112,344.22 68.964557 2.355258
6.74000 0.00 9,284,783.47
0.000000 350.369188
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
12,481,735.54 0.000000 0.000000
0.00000 0.00 12,310,699.66
0.000000 2304.421791
- -----------------------------------------------------------------------------
154,734,428.36 1,827,560.75 506,569.52
96,412,079.76 0.00 94,413,483.13
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 982,320.53
SECURITY PRINCIPAL COLLECTIONS: 1,351,809.74
AGGREGATE SECURITY COLLECTIONS: 2,334,130.27
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 94,413,483.13 13.0533
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 646,786.89 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 13.745 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/17/1999 REPT2H.FRM
11:26:48
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
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 9.83417110
A-4 NOTES 0.00 0.00 27.64435665
A-5 NOTES 0.00 0.00 10.00916361
A-6 NOTES 0.00 0.00 26.47926882
A-7 NOTES 0.00 0.00 12.99390680
CERTIFICATES 0.00 0.00 13.03913303
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 28
CURRENT AMOUNT: 12,310,699.66 907,033.89
TARGET AMOUNT: 13,926,098.55
60 - 89 DAYS DELINQUENT 14
474,849.24
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 50
1,765,774.26
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: 06/14/1999 REPT1HC.FRG
19:19:28
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RFMSII SERIES 1997-HS2
PAYMENT DATE: 06/21/1999
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 5,357,167.92 453,408.44
76110VAP3 100,484,510.18 17.833274 1.509334
5.07625 0.00 95,127,342.26
0.000000 316.665824
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.07625 0.00 0.00
CERTIFICATES 0.00 0.00 257,352.59
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
300,402,933.00 5,357,167.92 710,761.03
100,484,510.18 0.00 95,127,342.26
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 838,068.97
SECURITY PRINCIPAL COLLECTIONS: 5,242,988.89
AGGREGATE SECURITY COLLECTIONS: 6,081,057.86
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 99,633,386.26 9.6976
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 115,584.70 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 3.097 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/14/1999 REPT2H.FRM
19:19:30
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
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 43
CURRENT AMOUNT: 4,506,044.00 1,252,992.20
TARGET AMOUNT: 4,506,044.00
60 - 89 DAYS DELINQUENT 3
70,539.64
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 12
430,606.15
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 27
YET REIMBURSED: 0.00 1,122,128.48
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 964,261.85
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: 06/17/1999 REPT1HC.FRG
15:11:19
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RFMSII SERIES 1997-HI3
PAYMENT DATE: 06/25/1999
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 1,598,363.51 387,737.24
437184AJ3 64,802,882.09 15.983635 3.877372
7.18000 31,595.70 63,172,922.88
0.315957 631.729229
A-PB NOTES 122,765,141.00 1,962,233.23 476,006.18
437184AH7 79,555,349.80 15.983635 3.877372
7.18000 38,788.50 77,554,328.07
0.315957 631.729231
CERTIFICATES 8,079,564.43 0.00 0.00
15,091,240.02 0.000000 0.000000
0.00000 0.00 15,161,624.22
0.000000 1867.828415
- -----------------------------------------------------------------------------
230,844,705.43 3,560,596.74 863,743.42
159,449,471.91 70,384.20 155,888,875.17
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,610,383.24
SECURITY PRINCIPAL COLLECTIONS: 2,946,140.12
AGGREGATE SECURITY COLLECTIONS: 4,556,523.36
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 155,888,875.17 12.8214
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 614,456.62 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 9.549 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/17/1999 REPT2H.FRM
15:11:21
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-PV NOTES 0.00 0.00 40.52433043
A-PB NOTES 0.00 0.00 49.74975154
CERTIFICATES 0.00 0.00 9.72591803
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 31
CURRENT AMOUNT: 15,161,624.22 1,008,319.57
TARGET AMOUNT: 20,776,023.49
60 - 89 DAYS DELINQUENT 24
968,513.68
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 73
2,674,972.71
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: 06/15/1999 REPT1HE.FRG
11:42:04
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: 06/21/1999
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 2,792,478.17 437,184.11
43707QAG3 96,414,041.01 14.394217 2.253526
5.10125 0.00 93,621,562.84
0.000000 482.585375
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.10125 0.00 0.00
0.000000 0.000000
CERTIFICATES 62,173.00 0.00 246,947.44
3,396,088.03 0.000000 3971.940231
0.00000 0.00 3,396,088.16
0.000000 0.000000
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
0.00000 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
194,062,173.00 2,792,478.17 684,131.55
99,810,129.04 0.00 97,017,651.00
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 694,112.56
SECURITY PRINCIPAL COLLECTIONS: 2,792,478.17
AGGREGATE SECURITY COLLECTIONS: 3,486,590.73
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 97,017,651.00 8.5752
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.144 %
RESIDUAL OWNERSHIP
INTEREST: 246,947.44
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/15/1999 REPT2H.FRM
11:42:06
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 96.49951517
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 3.50048483
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 49
CURRENT AMOUNT: 3,396,088.16 1,446,626.68
TARGET AMOUNT: 3,396,088.03
60 - 89 DAYS DELINQUENT 16
497,731.13
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 3
170,973.77
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 29
YET REIMBURSED: 0.00 858,676.96
REO LOANS 1
ADDITIONAL BALANCES 16,673.27
CURRENT PERIOD: 1,234,399.00
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: 06/18/1999 REPT1HC.FRG
15:21:07
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RFMSII SERIES 1997-HS5
PAYMENT DATE: 06/25/1999
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 4,790,521.02 43,915.06
76110VAV0 7,795,572.78 577.171207 5.290971
6.76000 0.00 3,005,051.76
0.000000 362.054429
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 96,422.22 0.00
4,592,531.00 0.000000
0.00000 0.00 4,592,531.00
0.000000
- -----------------------------------------------------------------------------
229,626,573.80 4,886,943.24 628,612.54
89,414,103.78 0.00 84,623,582.76
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 791,893.26
SECURITY PRINCIPAL COLLECTIONS: 4,723,673.80
AGGREGATE SECURITY COLLECTIONS: 5,515,567.06
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 84,623,582.76 10.9967
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 66,847.22 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.182 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/18/1999 REPT2H.FRM
15:21:10
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
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 3.55108075
A-7 Certificates 0.00 0.00 22.19003189
A-L1 Certificates 0.00 0.00 23.97440446
A-L2 Certificates 0.00 0.00 1.44167850
IO Certificates 0.00 0.00 0.00000000
M-1 Certificates 0.00 0.00 23.06449262
M-2 Certificates 0.00 0.00 10.85394839
B-1 Certificates 0.00 0.00 9.49735256
R-I Certificates 0.00 0.00 0.00000000
R-II Certificates 0.00 0.00 5.42701083
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 5
CURRENT AMOUNT: 4,592,531.00 188,758.15
TARGET AMOUNT: 4,592,531.00
60 - 89 DAYS DELINQUENT 2
46,552.48
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 8
234,393.03
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 6
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: 06/14/1999 REPT1HC.FRG
12:00:49
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RFMSII SERIES 1998-HS1
PAYMENT DATE: 06/21/1999
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 10,133,146.15 997,232.05
76110VBD9 219,923,754.34 19.566629 1.925608
5.10125 0.00 209,790,608.19
0.000000 405.095801
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.10125 0.00 0.00
CERTIFICATES 0.00 0.00 724,879.71
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
517,879,000.00 10,133,146.15 1,722,111.76
219,923,754.34 0.00 209,790,608.19
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,798,791.99
SECURITY PRINCIPAL COLLECTIONS: 10,080,615.99
AGGREGATE SECURITY COLLECTIONS: 11,879,407.98
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 217,444,002.54 9.4673
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 52,855.16 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.308 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/14/1999 REPT2H.FRM
12:00:52
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
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 44
CURRENT AMOUNT: 7,653,394.35 1,455,734.20
TARGET AMOUNT: 7,653,394.35
60 - 89 DAYS DELINQUENT 8
237,251.42
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 18
816,080.98
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 33
YET REIMBURSED: 0.00 1,282,535.37
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 2,942,857.09
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: 06/18/1999 REPT1HC.FRG
16:55:34
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RFMSII SERIES 1998-HI2
PAYMENT DATE: 06/25/1999
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 7,182,327.72 247,522.19
76110VBE7 57,923,450.99 53.328837 1.837854
4.96250 0.00 50,741,123.27
0.000000 376.753217
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 **,***,***.** 83,325.00
76110VBP2 12,120,000.00 0.000000 6.875000
8.25000 0.00 12,120,000.00
0.000000 1000.000000
- -----------------------------------------------------------------------------
404,000,000.00 7,182,327.72 1,979,931.85
327,243,450.99 0.00 320,061,123.27
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 3,371,870.14
SECURITY PRINCIPAL COLLECTIONS: 5,790,389.44
AGGREGATE SECURITY COLLECTIONS: 9,162,259.58
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 331,374,013.35 13.2068
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 619,732.43 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.335 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/18/1999 REPT2H.FRM
16:55:36
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Notes 0.00 0.00 15.85357283
A-2 Notes 0.00 0.00 27.17918350
A-3 Notes 0.00 0.00 7.27361067
A-4 Notes 0.00 0.00 6.68309846
A-5 Notes 0.00 0.00 10.19180326
A-6 Notes 0.00 0.00 0.00000000
M-1 Notes 0.00 0.00 12.62258896
M-2 Notes 0.00 0.00 8.83581227
B-1 Notes 0.00 0.00 7.57355337
B-2 Notes 0.00 0.00 3.78677669
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 86
CURRENT AMOUNT: 11,312,890.08 2,642,686.24
TARGET AMOUNT: 14,007,639.07
60 - 89 DAYS DELINQUENT 35
1,146,750.25
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 91
2,774,331.68
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: 06/14/1999 REPT1HC.FRG
14:38:17
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RFMSII SERIES 1998-HS3
PAYMENT DATE: 06/21/1999
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 4,207,836.62 470,934.15
103,653,883.92 28.052244 3.139561
5.11125 254,872.44 99,191,174.86
1.699150 661.274499
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.11125 0.00 0.00
CERTIFICATES 0.00 0.00 0.00
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
150,000,000.00 4,207,836.62 470,934.15
103,653,883.92 254,872.44 99,191,174.86
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 834,473.54
SECURITY PRINCIPAL COLLECTIONS: 4,110,830.73
AGGREGATE SECURITY COLLECTIONS: 4,945,304.27
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 9.6754
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 101,566,558.14 9.5429
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 97,005.89 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.205 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/14/1999 REPT2H.FRM
14:38:19
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
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: 2,375,383.28 561,924.22
TARGET AMOUNT: 2,674,620.43
60 - 89 DAYS DELINQUENT 5
182,731.26
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
301,266.82
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 10
YET REIMBURSED: 0.00 349,245.44
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,514,649.52
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: 06/21/1999 REPT1HC.FRG
15:44:28
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RFMSII SERIES 1998-HI4
PAYMENT DATE: 06/25/1999
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 2,420,299.53 1,051,969.89
76110VBR8 183,750,198.77 12.101498 5.259849
6.87000 281,844.22 181,048,055.02
1.409221 905.240275
CERTIFICATES 7,264,348.67 0.00 0.00
13,257,657.07 0.000000 0.000000
0.00000 0.00 13,539,501.29
0.000000 1863.828666
- -----------------------------------------------------------------------------
207,264,348.67 2,420,299.53 1,051,969.89
197,007,855.84 281,844.22 194,587,556.31
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,912,863.58
SECURITY PRINCIPAL COLLECTIONS: 1,886,397.69
AGGREGATE SECURITY COLLECTIONS: 3,799,261.27
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.2306
GOAL LINE LOANS: 950,557.63 13.1231
TOTAL LOANS: 194,587,556.31 13.0498
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 533,901.84 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.305 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/21/1999 REPT2H.FRM
15:44:31
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
NOTES 0.00 0.00 93.04194906
CERTIFICATES 0.00 0.00 6.95805094
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 34
CURRENT AMOUNT: 13,539,501.29 990,499.50
TARGET AMOUNT: 17,617,469.64
60 - 89 DAYS DELINQUENT 19
698,333.76
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 34
1,231,467.57
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: 06/21/1999 REPT1HC.FRG
13:54:31
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RFMSII SERIES 1999-HI1
PAYMENT DATE: 06/25/1999
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 1,038,281.66 223,585.72
76110VBS6 50,886,415.82 18.792428 4.046800
5.10250 778,362.89 49,069,771.27
14.088016 888.140656
A-2 NOTES 55,250,000.00 1,038,281.66 256,552.35
76110VBT4 50,886,415.82 18.792428 4.643481
6.05000 778,362.89 49,069,771.27
14.088016 888.140656
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
4,796,026.97 0.000000 0.000000
0.00000 0.00 6,352,752.74
0.000000 54037.372000
- -----------------------------------------------------------------------------
439,688,753.89 2,076,563.32 2,307,019.74
435,668,858.61 1,556,725.78 433,592,295.28
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,298,208.94
SECURITY PRINCIPAL COLLECTIONS: 2,076,563.33
AGGREGATE SECURITY COLLECTIONS: 6,374,772.27
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.2016
GOAL LINE LOANS: 50,246,580.11 14.0826
TOTAL LOANS: 433,592,295.28 13.3268
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: 06/21/1999 REPT2H.FRM
13:54:34
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 11.31703026
A-2 NOTES 0.00 0.00 11.31703026
A-3 NOTES 0.00 0.00 27.72189481
A-4 NOTES 0.00 0.00 11.99283303
A-5 NOTES 0.00 0.00 14.96797815
A-6 NOTES 0.00 0.00 21.21808921
CERTIFICATES 0.00 0.00 1.46514429
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 31
CURRENT AMOUNT: 6,352,752.74 1,069,180.64
TARGET AMOUNT: 8,793,775.08
60 - 89 DAYS DELINQUENT 16
550,961.41
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 6
218,227.18
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: -38.78
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 06/23/1999 REPT1HC.FRG
09:29:30
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RFMSII SERIES 1999-HS2
PAYMENT DATE: 06/25/1999
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 1,521,815.35 153,584.18
76110VBZ0 33,754,765.24 40.047772 4.041689
5.46000 0.00 32,232,949.89
0.000000 848.235523
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 1,726,212.56 645,716.36
76110VCF3 125,280,458.63 13.324065 4.984071
6.18500 0.00 123,554,246.07
0.000000 953.674442
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 0.00 871,928.66
- -----------------------------------------------------------------------------
230,657,000.00 3,248,027.91 1,159,734.16
222,456,504.68 0.00 219,760,124.62
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,756,463.83
SECURITY PRINCIPAL COLLECTIONS: 2,675,363.00
AGGREGATE SECURITY COLLECTIONS: 4,431,826.83
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 10.2086
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 219,760,124.62 10.0688
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 21,017.06 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: 06/23/1999 REPT2H.FRM
09:29:33
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/25/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-I-1 CERTIFICATE 0.00 0.00 14.66733328
A-I-2 CERTIFICATE 0.00 0.00 9.10083212
A-I-3 CERTIFICATE 0.00 0.00 5.46049927
A-I-4 CERTIFICATE 0.00 0.00 7.27657032
A-I-5 CERTIFICATE 0.00 0.00 2.27520803
A-I-6 CERTIFICATE 0.00 0.00 4.60047063
A-II CERTIFICATE 0.00 0.00 56.22232254
IO CERTIFICATE 0.00 0.00 0.00000000
R-I CERTIFICATE 0.00 0.00 0.00000000
R-II CERTIFICATE 0.00 0.00 0.39676382
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 9
CURRENT AMOUNT: 871,928.66 290,710.90
TARGET AMOUNT: 6,422,451.65
60 - 89 DAYS DELINQUENT 2
39,480.97
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 1
138,234.26
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: 06/14/1999 REPT1HC.FRG
16:21:51
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RFMSII SERIES 1999-HS3
PAYMENT DATE: 06/21/1999
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 8,061,646.30 1,178,313.61
76110VBY3 255,353,298.54 29.315077 4.284777
5.19125 610,165.17 246,681,487.07
2.218782 897.023589
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.19125 0.00 0.00
CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
275,000,000.00 8,061,646.30 1,178,313.61
255,353,298.54 610,165.17 246,681,487.07
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,841,541.30
SECURITY PRINCIPAL COLLECTIONS: 8,038,375.00
AGGREGATE SECURITY COLLECTIONS: 9,879,916.30
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 9.2363
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 246,373,292.17 9.1098
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 23,271.30 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.009 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 06/14/1999 REPT2H.FRM
16:21:54
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 06/21/1999
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 32
CURRENT AMOUNT: 0.00 850,842.69
TARGET AMOUNT: 5,037,129.83
60 - 89 DAYS DELINQUENT 7
313,587.35
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 1
54,820.98
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 4,120,524.47
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
................................................................................
