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)
July 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 July 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 July 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: July 25, 1999
<PAGE>
Run: 07/13/99 REPT1HC.FRG
08:20:20
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1995-1 (ISSUER)
SERIES 1995-1
PAYMENT DATE: 07/20/99
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 128,078,000.00 1,502,182.64 164,235.07
525180AF2 38,295,942.39 11.728655 1.282305
5.32375 0.00 36,793,759.75
0.000000 287.276189
CERTIFICATES 6,740,000.00 79,051.13 8,886.25
525180AG0 2,015,292.65 11.728654 1.318435
5.47375 0.00 1,936,241.52
0.000000 287.276190
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.32375 0.00 0.00
- -----------------------------------------------------------------------------
134,818,000.00 1,581,233.77 173,121.32
40,311,235.04 0.00 38,730,001.27
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 335,289.69
SECURITY PRINCIPAL COLLECTIONS: 1,581,233.77
AGGREGATE SECURITY COLLECTIONS: 1,916,523.46
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
FIDELITY LOANS: 13,022,233.18 9.1131
GMACMC LOANS: 13,370,408.47 8.8481
GOAL LINE LOANS: 14,359,638.59 9.4581
TOTAL LOANS: 40,752,280.24 9.1491
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 8.793 %
RESIDUAL OWNERSHIP
INTEREST: 158,518.29
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 07/13/1999 REPT1HC.FRG
13:50:00
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS1 (ISSUER)
RFMSII SERIES 1996-HS1
PAYMENT DATE: 07/20/1999
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 2,051,668.95 205,493.58
76110VAA6 48,554,932.15 12.658606 1.267876
5.25375 0.00 46,503,263.20
0.000000 286.920804
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.25375 0.00 0.00
CERTIFICATES 14,092,938.00 178,396.95 18,276.22
76110VAB4 4,221,954.05 12.658606 1.296835
5.37375 0.00 4,043,557.10
0.000000 286.920804
VARIABLE FUNDING CERT 0.00 0.00 0.00
76110VAB4
5.37375 0.00 0.00
- -----------------------------------------------------------------------------
176,169,938.00 2,230,065.90 223,769.80
52,776,886.20 0.00 50,546,820.30
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 481,200.00
SECURITY PRINCIPAL COLLECTIONS: 2,478,602.18
AGGREGATE SECURITY COLLECTIONS: 2,959,802.18
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 52,678,840.84 9.5550
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 10,845.90 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 5.539 %
RESIDUAL OWNERSHIP
INTEREST: 498,489.75
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/13/1999 REPT2H.FRM
13:50:01
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: 07/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 92.00037297
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 7.99962703
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 23
CURRENT AMOUNT: 2,132,020.54 816,901.16
TARGET AMOUNT: 2,132,020.54
60 - 89 DAYS DELINQUENT 9
368,059.19
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 8
220,076.89
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 12
YET REIMBURSED: 0.00 733,866.86
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 485,547.13
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: 07/28/99 13:39:19 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 7,182,590.59 7.550000 % 2,301,448.52
A-5 76110VAG3 9,374,000.00 9,374,000.00 7.850000 % 0.00
A-6 76110VAH1 12,341,000.00 12,341,000.00 7.950000 % 0.00
A-L 76110VAK4 20,152,179.00 20,152,179.00 7.600000 % 0.00
IO 76110VAJ7 0.00 0.00 1.700000 % 0.00
R-I 0.00 0.00 0.000000 % 0.00
R-II 0.00 3,108,021.86 0.000000 % 135,027.75
- -------------------------------------------------------------------------------
198,367,179.00 52,157,791.45 2,436,476.27
===============================================================================
- -------------------------------------------------------------------------------
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 45,190.47 2,346,638.99 0.00 0.00 4,881,142.07
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 27,948.93 27,948.93 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 132,892.99 267,920.74 0.00 0.00 2,972,994.11
- -------------------------------------------------------------------------------
476,743.57 2,913,219.84 0.00 0.00 49,721,315.18
===============================================================================
- -------------------------------------------------------------------------------
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-4 271.041154 86.847114 1.705301 88.552415 0.000000 184.194040
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-July-99
DISTRIBUTION DATE 26-July-99
Run: 07/28/99 13:39:19 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 21,557.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,449.27
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 435,253.95
(B) TWO MONTHLY PAYMENTS: 3 47,412.02
(C) THREE OR MORE MONTHLY PAYMENTS: 11 274,954.46
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 49,721,315.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,836
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 94.04111680 % 5.95888320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.02068490 % 5.97931510 %
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: 25.06529322
................................................................................
Run: 07/15/1999 REPT1HC.FRG
18:23:40
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1996-HS3 (ISSUER)
RFMSII SERIES 1996-HS3
PAYMENT DATE: 07/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 247,244,000.00 3,872,195.18 296,827.94
43707QAC2 70,403,833.32 15.661432 1.200547
5.23375 0.00 66,531,638.14
0.000000 269.093034
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.23375 0.00 0.00
CERTIFICATES 21,499,396.00 336,711.34 26,748.04
43707QAD0 6,122,049.03 15.661433 1.244130
5.42375 0.00 5,785,337.69
0.000000 269.093034
VARIABLE FUNDING CERT 0.00 0.00 0.00
5.42375 0.00 0.00
- -----------------------------------------------------------------------------
268,743,396.00 4,208,906.52 323,575.98
76,525,882.35 0.00 72,316,975.83
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 922,989.64
SECURITY PRINCIPAL COLLECTIONS: 4,208,906.52
AGGREGATE SECURITY COLLECTIONS: 5,131,896.16
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 77,002,117.18 9.5589
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 2.202 %
RESIDUAL OWNERSHIP
INTEREST: 587,297.06
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/15/1999 REPT2H.FRM
18:23:41
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: 07/20/1999
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: 4,685,141.35 1,528,733.32
TARGET AMOUNT: 4,685,141.35
60 - 89 DAYS DELINQUENT 5
216,868.93
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 4
326,325.61
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 1
YET REIMBURSED: 0.00 49,274.05
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,416,105.75
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: 07/16/1999 REPT1HE.FRG
07:45:59
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: 07/20/1999
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 1,502,901.37 187,492.10
43707QAE8 44,813,248.51 12.879005 1.606700
5.19375 26,173.80 43,284,173.34
0.224295 370.920617
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.19375 0.00 0.00
0.000000 0.000000
CERTIFICATES 10,147,353.78 130,687.82 17,025.75
43707QAF5 3,896,826.53 12.879005 1.677851
5.42375 2,276.00 3,763,862.71
0.224295 370.920616
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
5.42375 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
126,841,253.78 1,633,589.19 204,517.85
48,710,075.04 28,449.80 47,048,036.05
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 390,726.95
SECURITY PRINCIPAL COLLECTIONS: 1,633,589.19
AGGREGATE SECURITY COLLECTIONS: 2,024,316.14
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
49,213,737.83 9.0506
TOTAL LOANS: 49,213,737.83 8.9266
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.502 %
RESIDUAL OWNERSHIP
INTEREST: 152,685.33
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/16/1999 REPT2H.FRM
07:46:01
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1996-RHS4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
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 24
CURRENT AMOUNT: 2,165,701.78 774,538.23
TARGET AMOUNT: 2,165,701.78
60 - 89 DAYS DELINQUENT 7
210,632.42
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 5
230,482.73
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 19
YET REIMBURSED: 0.00 525,342.42
REO LOANS 1
ADDITIONAL BALANCES 16,265.52
CURRENT PERIOD: 960,672.19
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 07/19/1999 REPT1HC.FRG
13:28:09
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RFMSII SERIES 1997-HI1
PAYMENT DATE: 07/26/1999
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 2,124,732.01 52,149.53
437184AC8 9,284,783.47 80.178566 1.967907
6.74000 179,483.03 6,980,568.43
6.772945 263.417677
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
12,310,699.66 0.000000 0.000000
0.00000 0.00 12,490,182.69
0.000000 2272.844547
- -----------------------------------------------------------------------------
154,734,428.36 2,124,732.01 496,304.72
94,413,483.13 179,483.03 92,288,751.12
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 996,742.46
SECURITY PRINCIPAL COLLECTIONS: 1,845,434.21
AGGREGATE SECURITY COLLECTIONS: 2,842,176.67
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 92,288,751.12 13.0459
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 279,297.80 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 14.364 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/19/1999 REPT2H.FRM
13:28:10
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
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 7.56383454
A-4 NOTES 0.00 0.00 28.28080311
A-5 NOTES 0.00 0.00 10.23960113
A-6 NOTES 0.00 0.00 27.08889187
A-7 NOTES 0.00 0.00 13.29306102
CERTIFICATES 0.00 0.00 13.53380833
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 24
CURRENT AMOUNT: 12,490,182.69 796,044.22
TARGET AMOUNT: 13,926,098.55
60 - 89 DAYS DELINQUENT 25
828,463.00
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 47
1,644,679.50
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: 07/26/1999 REPT1HC.FRG
13:11:06
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RFMSII SERIES 1997-HS2
PAYMENT DATE: 07/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 300,402,933.00 4,239,698.51 396,849.47
76110VAP3 95,127,342.26 14.113373 1.321057
5.17875 0.00 90,887,643.75
0.000000 302.552451
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.17875 0.00 0.00
CERTIFICATES 0.00 0.00 410,902.90
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
300,402,933.00 4,239,698.51 807,752.37
95,127,342.26 0.00 90,887,643.75
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 855,286.84
SECURITY PRINCIPAL COLLECTIONS: 4,203,262.23
AGGREGATE SECURITY COLLECTIONS: 5,058,549.07
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 95,393,687.75 9.6990
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 36,436.28 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 3.273 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/26/1999 REPT2H.FRM
13:11:07
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
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 41
CURRENT AMOUNT: 4,506,044.00 1,751,338.91
TARGET AMOUNT: 4,506,044.00
60 - 89 DAYS DELINQUENT 8
271,757.61
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 6
213,331.51
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 31
YET REIMBURSED: 0.00 1,280,027.78
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 1,247,274.22
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: 07/19/1999 REPT1HC.FRG
15:43:43
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RFMSII SERIES 1997-HI3
PAYMENT DATE: 07/26/1999
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 2,053,401.30 377,984.66
437184AJ3 63,172,922.88 20.534013 3.779847
7.18000 0.00 61,119,521.58
0.000000 611.195216
A-PB NOTES 122,765,141.00 2,520,861.01 464,033.40
437184AH7 77,554,328.07 20.534013 3.779847
7.18000 0.00 75,033,467.06
0.000000 611.195218
CERTIFICATES 8,079,564.43 0.00 0.00
15,161,624.22 0.000000 0.000000
0.00000 0.00 15,006,498.52
0.000000 1876.539800
- -----------------------------------------------------------------------------
230,844,705.43 4,574,262.31 842,018.06
155,888,875.17 0.00 151,159,487.16
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,625,504.81
SECURITY PRINCIPAL COLLECTIONS: 3,790,775.56
AGGREGATE SECURITY COLLECTIONS: 5,416,280.37
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 151,159,487.16 12.8201
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 937,463.73 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 10.468 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/19/1999 REPT2H.FRM
15:43:43
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HI3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-PV NOTES 0.00 0.00 40.43379792
A-PB NOTES 0.00 0.00 49.63860917
CERTIFICATES 0.00 0.00 9.92759290
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 41
CURRENT AMOUNT: 15,006,498.52 1,454,704.18
TARGET AMOUNT: 20,776,023.49
60 - 89 DAYS DELINQUENT 17
573,940.85
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 66
2,378,585.46
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: 07/26/1999 REPT1HE.FRG
13:25:02
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: 07/20/1999
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 2,701,962.79 392,453.14
43707QAG3 93,621,562.84 13.927643 2.022954
5.20375 0.00 90,919,600.05
0.000000 468.657732
VARIABLE FUNDING NOTES 0.00 0.00 0.00
0.00 0.000000 0.000000
5.20375 0.00 0.00
0.000000 0.000000
CERTIFICATES 62,173.00 0.00 338,179.96
3,396,088.16 0.000000 5439.337976
0.00000 0.00 3,396,088.23
0.000000 0.000000
VARIABLE FUNDING CERT 0.00 0.00 0.00
0.00 0.000000 0.000000
0.00000 0.00 0.00
0.000000 0.000000
- -----------------------------------------------------------------------------
194,062,173.00 2,701,962.79 730,633.10
97,017,651.00 0.00 94,315,688.28
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 740,334.87
SECURITY PRINCIPAL COLLECTIONS: 2,701,962.79
AGGREGATE SECURITY COLLECTIONS: 3,442,297.66
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 94,315,688.28 8.5763
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 0.00 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.148 %
RESIDUAL OWNERSHIP
INTEREST: 338,179.96
ADMINISTRATOR:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/26/1999 REPT2H.FRM
13:25:03
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-GMACM4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 96.39923295
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATES 0.00 0.00 3.60076705
VARIABLE FUNDING CERT 0.00 0.00 0.00000000
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 57
CURRENT AMOUNT: 3,396,088.23 1,738,759.32
TARGET AMOUNT: 3,396,088.03
60 - 89 DAYS DELINQUENT 11
290,919.54
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 6
246,738.96
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 30
YET REIMBURSED: 0.00 971,071.88
REO LOANS 1
ADDITIONAL BALANCES 16,673.27
CURRENT PERIOD: 1,266,265.23
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: 07/20/1999 REPT1HC.FRG
08:14:16
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RFMSII SERIES 1997-HS5
PAYMENT DATE: 07/26/1999
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 3,005,051.76 16,928.46
76110VAV0 3,005,051.76 362.054429 2.039573
6.76000 0.00 0.00
0.000000 0.000000
A-7 Certificates 18,778,000.00 1,053,026.38 109,538.33
76110VAW8 18,778,000.00 56.077664 5.833333
7.00000 0.00 17,724,973.62
0.000000 943.922336
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 1,156,594.48 0.00
4,592,531.00 0.000000
0.00000 0.00 4,592,531.00
0.000000
- -----------------------------------------------------------------------------
229,626,573.80 5,214,672.62 601,625.94
84,623,582.76 0.00 80,565,504.62
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,758,220.41
SECURITY PRINCIPAL COLLECTIONS: 4,058,078.14
AGGREGATE SECURITY COLLECTIONS: 5,816,298.55
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 80,565,504.62 10.9984
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 1.242 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/20/1999 REPT2H.FRM
08:14:23
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1997-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
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 22.00069832
A-L1 Certificates 0.00 0.00 25.18199333
A-L2 Certificates 0.00 0.00 1.51429573
IO Certificates 0.00 0.00 0.00000000
M-1 Certificates 0.00 0.00 24.22624930
M-2 Certificates 0.00 0.00 11.40066092
B-1 Certificates 0.00 0.00 9.97573346
R-I Certificates 0.00 0.00 0.00000000
R-II Certificates 0.00 0.00 5.70036894
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 8
CURRENT AMOUNT: 4,592,531.00 215,228.10
TARGET AMOUNT: 4,592,531.00
60 - 89 DAYS DELINQUENT 2
90,481.84
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 7
192,823.65
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 6
YET REIMBURSED: 0.00 24,013.07
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: 07/15/1999 REPT1HC.FRG
11:33:15
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RFMSII SERIES 1998-HS1
PAYMENT DATE: 07/20/1999
DISTRIBUTION AMOUNTS
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS ORIGINAL/ PRINCIPAL INTEREST
CUSIP BEGINNING DISTRIBUTION DISTRIBUTION
BALANCE FACTOR FACTOR
PASS-THROUGH ACCEL PRIN ENDING BALANCE
RATE FACTOR FACTOR
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 517,879,000.00 11,562,964.13 879,423.29
76110VBD9 209,790,608.19 22.327540 1.698125
5.20375 0.00 198,227,644.06
0.000000 382.768261
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.20375 0.00 0.00
CERTIFICATES 0.00 0.00 826,451.37
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
517,879,000.00 11,562,964.13 1,705,874.66
209,790,608.19 0.00 198,227,644.06
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,831,101.35
SECURITY PRINCIPAL COLLECTIONS: 11,460,631.18
AGGREGATE SECURITY COLLECTIONS: 13,291,732.53
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 205,881,038.41 9.4652
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 102,340.70 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.375 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/15/1999 REPT2H.FRM
11:33:16
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
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 50
CURRENT AMOUNT: 7,653,394.35 1,712,887.90
TARGET AMOUNT: 7,653,394.35
60 - 89 DAYS DELINQUENT 8
364,133.66
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 18
780,329.51
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 35
YET REIMBURSED: 0.00 1,360,888.17
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 2,603,098.19
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 07/20/1999 REPT1HC.FRG
12:00:16
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RFMSII SERIES 1998-HI2
PAYMENT DATE: 07/26/1999
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 8,530,087.54 224,258.15
76110VBE7 50,741,123.27 63.335963 1.665118
5.13250 0.00 42,211,035.73
0.000000 313.417254
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 8,530,087.54 1,956,667.81
320,061,123.27 0.00 311,531,035.73
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 3,557,661.03
SECURITY PRINCIPAL COLLECTIONS: 6,929,094.32
AGGREGATE SECURITY COLLECTIONS: 10,486,755.35
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
TOTAL LOANS: 323,594,547.26 13.2020
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 850,325.89 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 1.630 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/20/1999 REPT2H.FRM
12:00:24
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 Notes 0.00 0.00 13.54954431
A-2 Notes 0.00 0.00 27.92338163
A-3 Notes 0.00 0.00 7.47277071
A-4 Notes 0.00 0.00 6.86608959
A-5 Notes 0.00 0.00 10.47086687
A-6 Notes 0.00 0.00 0.00000000
M-1 Notes 0.00 0.00 12.96821034
M-2 Notes 0.00 0.00 9.07774724
B-1 Notes 0.00 0.00 7.78092621
B-2 Notes 0.00 0.00 3.89046310
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 89
CURRENT AMOUNT: 12,063,511.53 2,993,724.96
TARGET AMOUNT: 14,007,639.07
60 - 89 DAYS DELINQUENT 43
1,313,590.08
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 84
2,628,271.85
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 0.00
SPECIAL HAZARD AMOUNT: 2,075,429.00
FRAUD LOSS AMOUNT: 6,840,322.00
BANKRUPTCY LOSS AMOUNT: 100,000.00
MASTER SERVICER
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
................................................................................
Run: 07/14/1999 REPT1HC.FRG
16:56:53
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RFMSII SERIES 1998-HS3
PAYMENT DATE: 07/20/1999
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 3,594,450.14 416,599.49
99,191,174.86 23.963001 2.777330
5.21375 299,237.15 95,297,487.57
1.994914 635.316584
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.21375 0.00 0.00
CERTIFICATES 0.00 0.00 76,396.46
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
150,000,000.00 3,594,450.14 492,995.95
99,191,174.86 299,237.15 95,297,487.57
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 853,356.75
SECURITY PRINCIPAL COLLECTIONS: 3,544,493.25
AGGREGATE SECURITY COLLECTIONS: 4,397,850.00
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: 97,972,108.00 9.6630
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 97,972,108.00 9.5307
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 49,964.64 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.263 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/14/1999 REPT2H.FRM
16:56:54
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
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 15
CURRENT AMOUNT: 2,674,620.43 462,905.88
TARGET AMOUNT: 2,674,620.43
60 - 89 DAYS DELINQUENT 4
107,472.68
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 9
315,685.95
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 11
YET REIMBURSED: 0.00 417,601.68
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: 2,015,302.33
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: 07/20/1999 REPT1HC.FRG
10:43:58
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RFMSII SERIES 1998-HI4
PAYMENT DATE: 07/26/1999
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 2,898,618.20 1,036,500.11
76110VBR8 181,048,055.02 14.493091 5.182501
6.87000 545,141.40 177,604,295.42
2.725707 888.021477
CERTIFICATES 7,264,348.67 0.00 0.00
13,539,501.29 0.000000 0.000000
0.00000 0.00 14,084,642.69
0.000000 1938.872063
- -----------------------------------------------------------------------------
207,264,348.67 2,898,618.20 1,036,500.11
194,587,556.31 545,141.40 191,688,938.11
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 2,063,276.11
SECURITY PRINCIPAL COLLECTIONS: 2,461,576.59
AGGREGATE SECURITY COLLECTIONS: 4,524,852.70
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.2278
GOAL LINE LOANS: 948,612.38 13.2207
TOTAL LOANS: 191,688,938.11 13.0474
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 437,041.61 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.537 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/20/1999 REPT2H.FRM
10:44:06
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1998-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
NOTES 0.00 0.00 92.65234456
CERTIFICATES 0.00 0.00 7.34765544
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 50
CURRENT AMOUNT: 14,084,642.69 1,401,505.01
TARGET AMOUNT: 17,617,469.64
60 - 89 DAYS DELINQUENT 19
573,945.86
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 29
1,050,470.13
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: 07/20/1999 REPT1HC.FRG
11:35:28
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RFMSII SERIES 1999-HI1
PAYMENT DATE: 07/26/1999
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 1,495,704.92 222,786.98
76110VBS6 49,069,771.27 27.071582 4.032344
5.27250 919,889.35 46,654,177.00
16.649581 844.419493
A-2 NOTES 55,250,000.00 1,495,704.92 247,393.43
76110VBT4 49,069,771.27 27.071582 4.477709
6.05000 919,889.35 46,654,177.00
16.649581 844.419493
A-3 NOTES 120,200,000.00 0.00 632,051.67
76110VBU1 120,200,000.00 0.000000 5.258333
6.31000 0.01 120,199,999.99
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
6,352,752.74 0.000000 0.000000
0.00000 0.00 8,192,531.45
0.000000 71577.175270
- -----------------------------------------------------------------------------
439,688,753.89 2,991,409.84 2,297,062.08
433,592,295.28 1,839,778.71 430,600,885.44
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,602,906.32
SECURITY PRINCIPAL COLLECTIONS: 2,956,144.17
AGGREGATE SECURITY COLLECTIONS: 7,559,050.49
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.1999
GOAL LINE LOANS: 49,531,106.76 14.0841
TOTAL LOANS: 430,600,885.44 13.3250
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 35,265.67 PERCENTAGE OF POOL BALANCE:
DISTRIBUTION TO 0.008 %
RESIDUAL OWNERSHIP
INTEREST: 0.00
MASTER SERVICER:
RESIDENTIAL FUNDING CORPORATION
10 UNIVERSAL CITY PLAZA, SUITE 2100
UNIVERSAL CITY, CA 91608
(818) 753-3500
Run: 07/20/1999 REPT2H.FRM
11:35:37
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI1 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 10.83466815
A-2 NOTES 0.00 0.00 10.83466815
A-3 NOTES 0.00 0.00 27.91448045
A-4 NOTES 0.00 0.00 12.07614795
A-5 NOTES 0.00 0.00 15.07196158
A-6 NOTES 0.00 0.00 21.36549253
CERTIFICATES 0.00 0.00 1.90258119
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 34
CURRENT AMOUNT: 8,192,531.45 968,254.36
TARGET AMOUNT: 8,793,775.08
60 - 89 DAYS DELINQUENT 18
684,598.55
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 19
674,266.45
DRAW AMOUNT: 0.00
PRIOR DRAWS NOT 180 OR MORE DELINQUENT 0
YET REIMBURSED: 0.00 0.00
REO LOANS 0
ADDITIONAL BALANCES 0.00
CURRENT PERIOD: -1,879.79
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: 07/20/1999 REPT1HC.FRG
12:03:39
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RFMSII SERIES 1999-HS2
PAYMENT DATE: 07/26/1999
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 1,132,018.19 146,020.50
76110VBZ0 32,092,418.28 29.789952 3.842645
5.46000 0.00 30,960,400.09
0.000000 814.747371
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 2,237,811.18 637,543.97
76110VCF3 123,694,869.65 17.272926 4.920991
6.18500 0.00 121,457,058.47
0.000000 937.486944
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 1,333,990.17
- -----------------------------------------------------------------------------
230,657,000.00 3,369,829.37 1,143,998.09
219,760,124.62 0.00 216,852,448.73
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,629,864.48
SECURITY PRINCIPAL COLLECTIONS: 2,907,675.89
AGGREGATE SECURITY COLLECTIONS: 4,537,540.37
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 10.2100
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 216,852,448.73 10.0702
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: 07/20/1999 REPT2H.FRM
12:03:48
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS2 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-I-1 CERTIFICATE 0.00 0.00 14.27717338
A-I-2 CERTIFICATE 0.00 0.00 9.22286104
A-I-3 CERTIFICATE 0.00 0.00 5.53371662
A-I-4 CERTIFICATE 0.00 0.00 7.37413854
A-I-5 CERTIFICATE 0.00 0.00 2.30571526
A-I-6 CERTIFICATE 0.00 0.00 4.66215625
A-II CERTIFICATE 0.00 0.00 56.00907861
IO CERTIFICATE 0.00 0.00 0.00000000
R-I CERTIFICATE 0.00 0.00 0.00000000
R-II CERTIFICATE 0.00 0.00 0.61516030
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 10
CURRENT AMOUNT: 1,333,990.17 297,130.88
TARGET AMOUNT: 6,422,451.65
60 - 89 DAYS DELINQUENT 1
18,086.05
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: 07/16/1999 REPT1HC.FRG
07:33:52
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RFMSII SERIES 1999-HS3
PAYMENT DATE: 07/20/1999
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 7,210,602.97 1,051,950.93
76110VBY3 246,681,487.07 26.220374 3.825276
5.29375 899,500.04 238,571,384.06
3.270909 867.532306
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.29375 0.00 0.00
CERTIFICATE 0.00 0.00 0.00
0.00000 0.00 591,305.14
- -----------------------------------------------------------------------------
275,000,000.00 7,210,602.97 1,051,950.93
246,681,487.07 899,500.04 239,162,689.20
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 1,980,842.99
SECURITY PRINCIPAL COLLECTIONS: 7,209,990.46
AGGREGATE SECURITY COLLECTIONS: 9,190,833.45
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 9.4378
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 239,162,689.20 9.3085
FUNDING ACCOUNT
DEPOSIT AMOUNT: 0.00
NEW BALANCE: 0.00
AGGREGATE LIQUIDATION CUMULATIVE LIQUIDATION
LOSS AMOUNTS FOR THE LOSS AMOUNTS AS A
COLLECTION PERIOD: 612.51 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: 07/16/1999 REPT2H.FRM
07:33:53
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS3 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
TERM NOTES 0.00 0.00 99.75276029
VARIABLE FUNDING NOTES 0.00 0.00 0.00000000
CERTIFICATE 0.00 0.00 0.24723971
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 21
CURRENT AMOUNT: 591,305.14 530,736.14
TARGET AMOUNT: 5,037,129.83
60 - 89 DAYS DELINQUENT 5
184,357.78
CREDIT ENHANCEMENT
90 - 179 DAYS DELINQUENT 5
103,786.76
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: 4,551,311.03
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: 07/20/1999 REPT1HC.FRG
11:54:34
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RFMSII SERIES 1999-HI4
PAYMENT DATE: 07/26/1999
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 1,094,955.84 476,352.03
76110VCK2 86,300,000.00 12.687785 5.519722
6.41000 1,569,015.21 83,636,028.95
18.180941 969.131274
A-2 NOTES 52,300,000.00 0.00 305,344.83
52,300,000.00 0.000000 5.838333
6.78000 0.00 52,300,000.00
0.000000 1000.000000
A-3 NOTES 54,000,000.00 0.00 323,640.00
54,000,000.00 0.000000 5.993333
6.96000 0.00 54,000,000.00
0.000000 1000.000000
A-4 NOTES 36,700,000.00 0.00 225,959.86
36,700,000.00 0.000000 6.156944
7.15000 0.00 36,700,000.00
0.000000 1000.000000
A-5 NOTES 37,400,000.00 0.00 236,710.83
37,400,000.00 0.000000 6.329167
7.35000 0.00 37,400,000.00
0.000000 1000.000000
A-6 NOTES 74,700,000.00 0.00 494,016.00
74,700,000.00 0.000000 6.613333
7.68000 0.00 74,700,000.00
0.000000 1000.000000
A-7 NOTES 83,921,000.00 0.00 567,282.65
83,921,000.00 0.000000 6.759722
7.85000 0.00 83,921,000.00
0.000000 1000.000000
CERTIFICATES 516.25 0.00 0.00
516.25 0.000000 0.000000
0.00000 0.00 1,569,531.46
0.000000 1000.000000
- -----------------------------------------------------------------------------
425,321,516.25 1,094,955.84 2,629,306.20
425,321,516.25 1,569,015.21 424,226,560.41
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 4,464,147.03
SECURITY PRINCIPAL COLLECTIONS: 1,094,955.84
AGGREGATE SECURITY COLLECTIONS: 5,559,102.87
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 13.9023
GOAL LINE LOANS: 14,885,023.16 13.9053
TOTAL LOANS: 424,226,560.41 13.7186
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: 07/20/1999 REPT2H.FRM
11:54:44
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HI4 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/26/1999
ADDITIONAL INFORMATION
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
CLASS EXCESS REMAINING ENDING
LOSS AMOUNT UNPAID SECURITY
INTEREST PERCENTAGE
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
A-1 NOTES 0.00 0.00 19.71494403
A-2 NOTES 0.00 0.00 12.32831814
A-3 NOTES 0.00 0.00 12.72904741
A-4 NOTES 0.00 0.00 8.65103778
A-5 NOTES 0.00 0.00 8.81604395
A-6 NOTES 0.00 0.00 17.60851558
A-7 NOTES 0.00 0.00 19.78211829
CERTIFICATES 0.00 0.00 0.36997482
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
RESERVE AMOUNT DELINQUENCY
AT END OF CURRENT PERIOD: LOANS
30 - 59 DAYS DELINQUENT 26
CURRENT AMOUNT: 1,569,531.46 940,122.63
TARGET AMOUNT: 8,506,430.33
60 - 89 DAYS DELINQUENT 0
0.00
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: 07/15/1999 REPT1HC.FRG
15:58:00
Page: 1
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RFMSII SERIES 1999-HS5
PAYMENT DATE: 07/20/1999
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 6,095,112.10 429,789.06
76110VCS5 135,500,000.00 44.982377 3.171875
5.43750 363,326.43 129,041,561.47
2.681558 952.336064
VARIABLE FUNDING NOTES 0.00 0.00 0.00
5.43750 0.00 0.00
CERTIFICATES 0.00 0.00 0.00
0.00000 0.00 0.00
- -----------------------------------------------------------------------------
135,500,000.00 6,095,112.10 429,789.06
135,500,000.00 363,326.43 129,041,561.47
=============================================================================
SECURITY COLLECTIONS
SECURITY INTEREST COLLECTIONS: 808,359.25
SECURITY PRINCIPAL COLLECTIONS: 6,095,112.10
AGGREGATE SECURITY COLLECTIONS: 6,903,471.35
MORTGAGE LOANS: ENDING WEIGHTED AVERAGE
ASSET BALANCE NET LOAN RATE
------------- ----------------
GMACMC LOANS: **,***,***.** 7.5161
GOAL LINE LOANS: 99,999,999.99 99.9999
TOTAL LOANS: 128,115,959.39 7.4131
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: 07/15/1999 REPT2H.FRM
15:58:01
Page: 2
RESIDENTIAL FUNDING MORTGAGE SECURITIES II, INC.
HOME EQUITY LOAN TRUST 1999-HS5 (ISSUER)
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
PAYMENT DATE: 07/20/1999
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 20
CURRENT AMOUNT: 0.00 637,555.63
TARGET AMOUNT: 2,281,588.22
60 - 89 DAYS DELINQUENT 0
0.00
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
................................................................................
