SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
September 25, 1999
RESIDENTIAL ACCREDIT LOANS, INC.
(Exact name of the registrant as specified in it's charter)
33-95932, 333-8733, 333-33493
333-48327, 333-63549 51-0368240
333-72661
Delaware (Commission File Number) (I.R.S. Employee
(State or other Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the September, 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
<PAGE>
Master Serviced by Residential Funding Corporation
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
1999-QS10 RALI
1999-QS2 RALI
<PAGE>
1999-QS3 RALI 1999-QS4 RALI 1999-QS5 RALI 1999-QS6 RALI 1999-QS7 RALI 1999-QS8
RALI 1999-QS9 RALI
Item 7. Financial Statements and Exhibits
(a) Not applicable
(b) Not applicable
(c) See Item 5.
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 ACCREDIT LOANS, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated: September 25, 1999
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities ExchangeAct of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
By: /s/ Davee Olson
Name: Davee Olson
Title: Chief Financial Officer
Dated: September 25, 1999
<PAGE>
Run: 09/28/99 08:06:18 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 29,383,465.33 7.500000 % 2,278,708.02
A-5 76110FAE3 22,100,000.00 22,100,000.00 7.500000 % 0.00
A-6 76110FAF0 31,109,000.00 31,109,000.00 7.500000 % 0.00
R 514.42 1,279,535.11 0.000000 % 0.00
- -------------------------------------------------------------------------------
258,459,514.42 83,872,000.44 2,278,708.02
===============================================================================
_______________________________________________________________________________
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-4 183,646.66 2,462,354.68 0.00 0.00 27,104,757.31
A-5 138,125.00 138,125.00 0.00 0.00 22,100,000.00
A-6 194,431.25 194,431.25 0.00 0.00 31,109,000.00
R 0.00 0.00 86,019.90 0.00 1,365,555.01
- -------------------------------------------------------------------------------
516,202.91 2,794,910.93 86,019.90 0.00 81,679,312.32
===============================================================================
_______________________________________________________________________________
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-4 638.770985 49.537131 3.992319 53.529450 0.000000 589.233855
A-5 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-6 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
R ****.****** 0.000000 0.000000 0.000000 ***.****** ****.******
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:18 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,010.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,010.21
SUBSERVICER ADVANCES THIS MONTH 53,223.35
MASTER SERVICER ADVANCES THIS MONTH 7,954.06
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 55 3,989,315.83
(B) TWO MONTHLY PAYMENTS: 8 635,084.91
(C) THREE OR MORE MONTHLY PAYMENTS: 3 282,311.81
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,108,528.77
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 81,679,312.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,041
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 953,459.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,030,816.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.47441920 % 1.52558080 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.32815070 % 1.67184930 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32828605
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 275.90
POOL TRADING FACTOR: 31.60236237
................................................................................
Run: 09/28/99 08:07:11 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 0.00 6.750000 % 0.00
A-I-4 76110FAK9 31,852,000.00 18,805,278.47 6.900000 % 1,621,906.54
A-I-5 76110FAL7 14,535,000.00 14,535,000.00 7.050000 % 0.00
A-I-6 76110FAM5 18,417,136.00 18,417,136.00 7.250000 % 0.00
A-I-7 76110FAN3 20,000,000.00 20,000,000.00 6.700000 % 0.00
A-II 76110FAQ6 29,374,968.00 7,973,737.46 5.502654 % 8,614.29
R 0.53 1,492,867.64 0.000000 % 32,907.90
- -------------------------------------------------------------------------------
255,942,104.53 81,224,019.57 1,663,428.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 108,130.35 1,730,036.89 0.00 0.00 17,183,371.93
A-I-5 85,393.13 85,393.13 0.00 0.00 14,535,000.00
A-I-6 111,270.20 111,270.20 0.00 0.00 18,417,136.00
A-I-7 111,666.67 111,666.67 0.00 0.00 20,000,000.00
A-II 37,801.21 46,415.50 0.00 0.00 7,965,123.17
R 115,880.66 148,788.56 0.00 0.00 1,459,959.74
- -------------------------------------------------------------------------------
570,142.22 2,233,570.95 0.00 0.00 79,560,590.84
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 590.395532 50.920085 3.394774 54.314859 0.000000 539.475447
A-I-5 1000.000000 0.000000 5.875000 5.875000 0.000000 1000.000000
A-I-6 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-I-7 1000.000000 0.000000 5.583334 5.583334 0.000000 1000.000000
A-II 271.446677 0.293253 1.286851 1.580104 0.000000 271.153425
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:11 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,409.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 67,040.52
MASTER SERVICER ADVANCES THIS MONTH 4,323.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 4,323,310.21
(B) TWO MONTHLY PAYMENTS: 5 1,279,965.45
(C) THREE OR MORE MONTHLY PAYMENTS: 8 777,443.07
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,777,688.01
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 79,560,590.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 831
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 530,064.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,560,442.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16203670 % 1.83796330 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.16497120 % 1.83502880 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,056,881.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,229,822.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92408700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.78
POOL TRADING FACTOR: 31.08538589
................................................................................
Run: 09/28/99 08:06:23 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 0.00 7.050000 % 0.00
A-5 76110FAW3 14,000,000.00 7,715,140.46 7.350000 % 2,428,008.88
A-6 76110FAX1 10,000,000.00 10,000,000.00 7.450000 % 0.00
A-7 76110FAY9 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-8 76110FAZ6 14,043,411.00 14,043,411.00 7.500000 % 0.00
A-9 76110FBA0 18,190,000.00 18,190,000.00 7.500000 % 0.00
A-10 76110FBB8 178,007.00 93,412.12 0.000000 % 137.59
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 77,861,077.76 2,428,146.47
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-5 47,255.24 2,475,264.12 0.00 0.00 5,287,131.58
A-6 62,083.33 62,083.33 0.00 0.00 10,000,000.00
A-7 157,083.33 157,083.33 0.00 0.00 26,000,000.00
A-8 87,771.32 87,771.32 0.00 0.00 14,043,411.00
A-9 113,687.50 113,687.50 0.00 0.00 18,190,000.00
A-10 0.00 137.59 0.00 0.00 93,274.53
R 77,059.64 77,059.64 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
544,940.36 2,973,086.83 0.00 0.00 75,432,931.29
===============================================================================
_______________________________________________________________________________
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 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 551.081461 173.429206 3.375374 176.804580 0.000000 377.652256
A-6 1000.000000 0.000000 6.208333 6.208333 0.000000 1000.000000
A-7 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-9 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-10 524.766554 0.772947 0.000000 0.772947 0.000000 523.993607
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:23 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,037.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 706.15
SUBSERVICER ADVANCES THIS MONTH 38,003.51
MASTER SERVICER ADVANCES THIS MONTH 2,536.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,656,969.27
(B) TWO MONTHLY PAYMENTS: 6 772,313.15
(C) THREE OR MORE MONTHLY PAYMENTS: 10 852,665.16
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,587,810.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,432,931.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 828
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 318,400.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,333,049.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.66364120 % 2.33635890 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.58843500 % 2.41156500 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81332716
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 291.62
POOL TRADING FACTOR: 41.46684805
................................................................................
Run: 09/28/99 08:07:12 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 0.00 7.750000 % 0.00
A-I-7 76110FBJ1 8,047,000.00 6,483,108.74 7.750000 % 2,758,155.94
A-I-8 76110FBK8 17,436,000.00 17,436,000.00 7.750000 % 0.00
A-I-9 76110FBL6 25,145,000.00 25,145,000.00 7.750000 % 0.00
A-I-10 76110FBM4 19,000,000.00 19,000,000.00 7.750000 % 0.00
A-I-11 76110FBN2 15,875,562.00 15,875,562.00 7.750000 % 0.00
A-II 76110FBP7 20,551,438.00 8,275,893.71 7.750000 % 89,866.65
A-P 76110FBQ5 1,166,695.86 734,615.06 0.000000 % 7,618.08
R-I 76110FBR3 100.00 0.00 7.750000 % 0.00
R-II 76110FBS1 100.00 0.00 7.750000 % 0.00
M-1 76110FBT9 12,528,500.00 11,993,938.23 7.750000 % 134,285.36
M-2 76110FBU6 5,568,000.00 5,330,426.44 7.750000 % 59,680.00
M-3 76110FBV4 4,176,000.00 3,997,819.84 7.750000 % 44,760.00
B-1 1,809,600.00 1,732,388.57 7.750000 % 19,396.00
B-2 696,000.00 666,303.29 7.750000 % 7,460.00
B-3 1,670,738.96 1,415,881.04 7.750000 % 15,852.29
A-V 76110FHY2 0.00 0.00 0.687313 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 118,086,936.92 3,137,074.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 41,859.20 2,800,015.14 0.00 0.00 3,724,952.80
A-I-8 112,578.24 112,578.24 0.00 0.00 17,436,000.00
A-I-9 162,352.59 162,352.59 0.00 0.00 25,145,000.00
A-I-10 122,676.44 122,676.44 0.00 0.00 19,000,000.00
A-I-11 102,503.02 102,503.02 0.00 0.00 15,875,562.00
A-II 53,434.59 143,301.24 0.00 0.00 8,186,027.06
A-P 0.00 7,618.08 0.00 0.00 726,996.98
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 77,440.72 211,726.08 0.00 0.00 11,859,652.87
M-2 34,416.72 94,096.72 0.00 0.00 5,270,746.44
M-3 25,812.54 70,572.54 0.00 0.00 3,953,059.84
B-1 11,185.43 30,581.43 0.00 0.00 1,712,992.57
B-2 4,302.09 11,762.09 0.00 0.00 658,843.29
B-3 9,141.85 24,994.14 0.00 0.00 1,359,582.60
A-V 67,618.01 67,618.01 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
825,321.44 3,962,395.76 0.00 0.00 114,909,416.45
===============================================================================
Run: 09/28/99 08:07:12
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 805.655367 342.755802 5.201839 347.957641 0.000000 462.899565
A-I-8 1000.000000 0.000000 6.456655 6.456655 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.456655 6.456655 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.456655 6.456655 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.456655 6.456655 0.000000 1000.000000
A-II 402.691710 4.372767 2.600041 6.972808 0.000000 398.318943
A-P 629.654296 6.529620 0.000000 6.529620 0.000000 623.124676
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
M-1 957.332341 10.718391 6.181165 16.899556 0.000000 946.613950
M-2 957.332335 10.718391 6.181164 16.899555 0.000000 946.613944
M-3 957.332337 10.718391 6.181164 16.899555 0.000000 946.613946
B-1 957.332322 10.718391 6.181162 16.899553 0.000000 946.613931
B-2 957.332313 10.718391 6.181164 16.899555 0.000000 946.613922
B-3 847.457966 9.488191 5.471740 14.959931 0.000000 813.761235
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:12 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 24,289.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 450.52
SUBSERVICER ADVANCES THIS MONTH 42,242.27
MASTER SERVICER ADVANCES THIS MONTH 4,690.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,037,469.21
(B) TWO MONTHLY PAYMENTS: 11 1,128,706.98
(C) THREE OR MORE MONTHLY PAYMENTS: 2 165,855.61
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 798,211.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 114,909,416.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,234
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 585,702.85
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,741,796.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.58009370 % 18.05634500 % 3.23030900 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 78.26733950 % 18.34789506 % 3.26794480 %
BANKRUPTCY AMOUNT AVAILABLE 164,142.00
FRAUD AMOUNT AVAILABLE 1,819,704.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,939,378.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.71290500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 292.98
POOL TRADING FACTOR: 41.27423211
................................................................................
Run: 09/28/99 08:07:12 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBW2 45,914,000.00 0.00 6.850000 % 0.00
A-I-2 76110FBX0 26,945,000.00 0.00 11.000000 % 0.00
A-I-3 76110FBY8 15,646,000.00 0.00 7.300000 % 0.00
A-I-4 76110FBZ5 32,740,000.00 0.00 7.500000 % 0.00
A-I-5 76110FCA9 10,023,000.00 0.00 7.700000 % 0.00
A-I-6 76110FCB7 26,811,000.00 7,424,097.82 8.000000 % 2,811,532.36
A-I-7 76110FCC5 18,046,000.00 18,046,000.00 8.000000 % 0.00
A-I-8 76110FCD3 9,094,000.00 9,094,000.00 8.000000 % 0.00
A-I-9 76110FCE1 10,284,000.00 10,284,000.00 8.000000 % 0.00
A-I-10 76110FCF8 27,538,000.00 27,538,000.00 7.900000 % 0.00
A-II-1 76110FCG6 16,021,000.00 1,697,275.53 7.250000 % 115,544.82
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,707,269.01 0.000000 % 3,736.36
A-V-1 0.00 0.00 0.926888 % 0.00
A-V-2 0.00 0.00 0.352202 % 0.00
R-I 76110FCK7 100.00 0.00 8.000000 % 0.00
R-II 76110FCL5 100.00 0.00 8.000000 % 0.00
M-1 76110FCM3 13,230,500.00 12,669,885.03 8.000000 % 15,957.39
M-2 76110FCN1 5,570,800.00 5,334,748.91 8.000000 % 6,718.98
M-3 76110FCP6 4,456,600.00 4,267,760.83 8.000000 % 5,375.13
B-1 76110FCR2 2,228,400.00 2,133,976.19 8.000000 % 2,687.69
B-2 76110FCS0 696,400.00 668,216.12 8.000000 % 841.60
B-3 76110FCT8 1,671,255.97 826,745.89 8.000000 % 133.65
STRIP 0.00 0.00 0.185897 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 110,271,975.33 2,962,527.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 49,474.59 2,861,006.95 0.00 0.00 4,612,565.46
A-I-7 120,259.52 120,259.52 0.00 0.00 18,046,000.00
A-I-8 60,602.91 60,602.91 0.00 0.00 9,094,000.00
A-I-9 68,533.13 68,533.13 0.00 0.00 10,284,000.00
A-I-10 181,220.78 181,220.78 0.00 0.00 27,538,000.00
A-II-1 10,250.35 125,795.17 0.00 0.00 1,581,730.71
A-II-2 54,676.06 54,676.06 0.00 0.00 8,580,000.00
A-P 0.00 3,736.36 0.00 0.00 1,703,532.65
A-V-1 58,419.39 58,419.39 0.00 0.00 0.00
A-V-2 10,153.95 10,153.95 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 84,432.80 100,390.19 0.00 0.00 12,653,927.64
M-2 35,551.05 42,270.03 0.00 0.00 5,328,029.93
M-3 28,440.59 33,815.72 0.00 0.00 4,262,385.70
B-1 14,220.93 16,908.62 0.00 0.00 2,131,288.50
B-2 4,453.02 5,294.62 0.00 0.00 667,374.52
B-3 5,509.48 5,643.13 0.00 0.00 825,704.62
STRIP 5,855.83 5,855.83 0.00 0.00 0.00
- -------------------------------------------------------------------------------
792,054.38 3,754,582.36 0.00 0.00 107,308,539.73
===============================================================================
Run: 09/28/99 08:07:12
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 276.904920 104.864882 1.845309 106.710191 0.000000 172.040038
A-I-7 1000.000000 0.000000 6.664054 6.664054 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.664054 6.664054 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664054 6.664054 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.580753 6.580753 0.000000 1000.000000
A-II-1 105.940673 7.212085 0.639807 7.851892 0.000000 98.728588
A-II-2 1000.000000 0.000000 6.372501 6.372501 0.000000 1000.000000
A-P 561.668533 1.229214 0.000000 1.229214 0.000000 560.439319
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 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
M-1 957.627076 1.206106 6.381679 7.587785 0.000000 956.420970
M-2 957.627075 1.206107 6.381678 7.587785 0.000000 956.420968
M-3 957.627077 1.206106 6.381679 7.587785 0.000000 956.420971
B-1 957.627082 1.206108 6.381677 7.587785 0.000000 956.420975
B-2 959.529179 1.208501 6.394342 7.602843 0.000000 958.320678
B-3 494.685377 0.079970 3.296611 3.376581 0.000000 494.062334
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:13 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,638.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 539.65
SUBSERVICER ADVANCES THIS MONTH 34,483.39
MASTER SERVICER ADVANCES THIS MONTH 5,528.25
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,939,973.41
(B) TWO MONTHLY PAYMENTS: 10 1,094,872.83
(C) THREE OR MORE MONTHLY PAYMENTS: 5 487,615.90
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 375,821.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,308,539.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,268
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 6
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 670,959.32
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,814,178.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.14203190 % 20.19769300 % 3.29089800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.50427610 % 20.72933182 % 3.43200360 %
BANKRUPTCY AMOUNT AVAILABLE 184,567.00
FRAUD AMOUNT AVAILABLE 1,465,881.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,759,911.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.94081400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 284.15
POOL TRADING FACTOR: 38.52594247
................................................................................
Run: 09/28/99 08:06:28 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6(POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4220
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110FCQ4 138,145,180.00 47,518,605.64 5.698750 % 774,434.18
R 973,833.13 2,495,943.22 0.000000 % 95,244.87
- -------------------------------------------------------------------------------
139,119,013.13 50,014,548.86 869,679.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 248,099.89 1,022,534.07 0.00 0.00 46,744,171.46
R 30,395.92 125,640.79 0.00 0.00 2,400,698.35
- -------------------------------------------------------------------------------
278,495.81 1,148,174.86 0.00 0.00 49,144,869.81
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 343.975849 5.605944 1.795936 7.401880 0.000000 338.369905
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:28 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,261.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 668.75
SUBSERVICER ADVANCES THIS MONTH 9,300.44
MASTER SERVICER ADVANCES THIS MONTH 571.79
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 622,788.84
(B) TWO MONTHLY PAYMENTS: 1 89,978.79
(C) THREE OR MORE MONTHLY PAYMENTS: 5 560,353.49
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 49,144,869.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 633
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,552.43
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 752,565.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.00956570 % 4.99043430 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.11505810 % 4.88494190 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.28689003
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 247.14
POOL TRADING FACTOR: 35.32577518
................................................................................
Run: 09/28/99 08:07:13 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FCU5 23,848,000.00 0.00 9.500000 % 0.00
A-I-2 76110FCV3 25,000,000.00 0.00 7.600000 % 0.00
A-I-3 76110FCW1 12,373,000.00 0.00 6.650000 % 0.00
A-I-4 76110FCX9 7,100,000.00 0.00 7.450000 % 0.00
A-I-5 76110FCY7 10,137,000.00 0.00 7.600000 % 0.00
A-I-6 76110FCZ4 5,558,000.00 0.00 7.800000 % 0.00
A-I-7 76110FDA8 16,926,000.00 5,137,182.80 8.000000 % 2,099,089.76
A-I-8 76110FDB6 6,884,000.00 6,884,000.00 8.000000 % 0.00
A-I-9 76110FDC4 11,229,000.00 11,229,000.00 8.000000 % 0.00
A-I-10 76110FDD2 22,501,000.00 22,501,000.00 8.000000 % 0.00
A-II-1 76110FDE0 11,162,000.00 1,936,942.24 8.000000 % 245,240.57
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 677,431.68 0.000000 % 4,863.34
A-V-1 796QS5AV1 0.00 0.00 1.016709 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.416854 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,434,528.64 8.000000 % 8,964.95
M-2 76110FDK6 3,958,800.00 3,721,189.22 8.000000 % 4,487.21
M-3 76110FDL4 2,815,100.00 2,649,355.64 8.000000 % 3,194.73
B-1 76110FDM2 1,407,600.00 1,337,528.69 8.000000 % 1,612.86
B-2 76110FDN0 439,800.00 422,417.59 8.000000 % 509.37
B-3 76110FDP5 1,055,748.52 686,648.73 8.000000 % 828.00
- -------------------------------------------------------------------------------
175,944,527.21 69,142,225.23 2,368,790.79
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 33,973.90 2,133,063.66 0.00 0.00 3,038,093.04
A-I-8 45,526.18 45,526.18 0.00 0.00 6,884,000.00
A-I-9 74,261.11 74,261.11 0.00 0.00 11,229,000.00
A-I-10 148,806.61 148,806.61 0.00 0.00 22,501,000.00
A-II-1 12,809.65 258,050.22 0.00 0.00 1,691,701.67
A-II-2 29,925.33 29,925.33 0.00 0.00 4,525,000.00
A-P 0.00 4,863.34 0.00 0.00 672,568.34
A-V-1 41,758.00 41,758.00 0.00 0.00 0.00
A-V-2 6,705.44 6,705.44 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,167.01 58,131.96 0.00 0.00 7,425,563.69
M-2 24,609.46 29,096.67 0.00 0.00 3,716,702.01
M-3 17,521.07 20,715.80 0.00 0.00 2,646,160.91
B-1 8,845.52 10,458.38 0.00 0.00 1,335,915.83
B-2 2,793.59 3,302.96 0.00 0.00 421,908.22
B-3 4,541.04 5,369.04 0.00 0.00 685,820.73
- -------------------------------------------------------------------------------
501,243.91 2,870,034.70 0.00 0.00 66,773,434.44
===============================================================================
Run: 09/28/99 08:07:13
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 303.508378 124.015701 2.007202 126.022903 0.000000 179.492676
A-I-8 1000.000000 0.000000 6.613332 6.613332 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.613332 6.613332 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.613333 6.613333 0.000000 1000.000000
A-II-1 173.530034 21.971024 1.147612 23.118636 0.000000 151.559010
A-II-2 1000.000000 0.000000 6.613333 6.613333 0.000000 1000.000000
A-P 612.573229 4.397715 0.000000 4.397715 0.000000 608.175514
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 938.880929 1.132153 6.209132 7.341285 0.000000 937.748777
M-2 939.979090 1.133477 6.216394 7.349871 0.000000 938.845612
M-3 941.123100 1.134855 6.223960 7.358815 0.000000 939.988246
B-1 950.219302 1.145823 6.284115 7.429938 0.000000 949.073480
B-2 960.476558 1.158186 6.351955 7.510141 0.000000 959.318372
B-3 650.390426 0.784278 4.301252 5.085530 0.000000 649.606148
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:13 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,098.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 127.83
SUBSERVICER ADVANCES THIS MONTH 38,635.48
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,087,386.30
(B) TWO MONTHLY PAYMENTS: 8 1,206,861.10
(C) THREE OR MORE MONTHLY PAYMENTS: 3 231,604.12
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 929,192.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,773,434.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 786
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 2,280,184.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.26273640 % 19.96619800 % 3.53849620 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.44348150 % 20.64956929 % 3.69684230 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 1,003,426.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,900,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.09417100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 288.75
POOL TRADING FACTOR: 37.95141315
................................................................................
Run: 09/28/99 08:07:13 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FDQ3 20,106,154.00 0.00 7.050000 % 0.00
A-I-2 76110FDR1 43,322,483.00 0.00 0.000000 % 0.00
A-I-3 76110FDS9 0.00 0.00 0.000000 % 0.00
A-I-4 76110FDT7 13,330,948.00 0.00 7.125000 % 0.00
A-I-5 76110FDU4 24,973,716.00 0.00 7.600000 % 0.00
A-I-6 76110FDV2 0.00 0.00 8.000000 % 0.00
A-I-7 76110FDW0 1,000,000.00 0.00 7.700000 % 0.00
A-I-8 76110FDX8 9,539,699.00 0.00 7.700000 % 0.00
A-I-9 76110FDY6 22,526,000.00 12,667,213.04 8.000000 % 1,662,202.30
A-I-10 76110FDZ3 11,650,000.00 11,650,000.00 8.000000 % 0.00
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 9,249,699.93 8.000000 % 173,834.25
A-P 76110FED1 601,147.92 317,541.13 0.000000 % 4,561.01
A-V-1 796QS7AV1 0.00 0.00 0.889129 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.508060 % 0.00
R-I 76110FEE9 100.00 0.00 8.000000 % 0.00
R-II 76110FEF6 100.00 0.00 8.000000 % 0.00
M-1 76110FEG4 9,114,600.00 8,688,252.17 8.000000 % 10,057.47
M-2 76110FEH2 5,126,400.00 4,886,605.66 8.000000 % 5,656.71
M-3 76110FEJ8 3,645,500.00 3,474,976.76 8.000000 % 4,022.61
B-1 1,822,700.00 1,737,440.73 8.000000 % 2,011.25
B-2 569,600.00 542,956.21 8.000000 % 628.52
B-3 1,366,716.75 1,019,831.81 8.000000 % 1,180.55
- -------------------------------------------------------------------------------
227,839,864.67 93,274,517.44 1,864,154.67
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 0.00 0.00 0.00 0.00 0.00
A-I-8 0.00 0.00 0.00 0.00 0.00
A-I-9 84,396.41 1,746,598.71 0.00 0.00 11,005,010.74
A-I-10 77,619.14 77,619.14 0.00 0.00 11,650,000.00
A-I-11 202,682.55 202,682.55 0.00 0.00 30,421,000.00
A-I-12 57,424.83 57,424.83 0.00 0.00 8,619,000.00
A-II 61,626.93 235,461.18 0.00 0.00 9,075,865.68
A-P 0.00 4,561.01 0.00 0.00 312,980.12
A-V-1 53,357.34 53,357.34 0.00 0.00 0.00
A-V-2 8,977.63 8,977.63 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 57,886.23 67,943.70 0.00 0.00 8,678,194.70
M-2 32,557.43 38,214.14 0.00 0.00 4,880,948.95
M-3 23,152.33 27,174.94 0.00 0.00 3,470,954.15
B-1 11,575.85 13,587.10 0.00 0.00 1,735,429.48
B-2 3,617.49 4,246.01 0.00 0.00 542,327.69
B-3 6,794.72 7,975.27 0.00 0.00 1,018,651.25
- -------------------------------------------------------------------------------
681,668.88 2,545,823.55 0.00 0.00 91,410,362.76
===============================================================================
Run: 09/28/99 08:07:13
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-9 562.337434 73.790389 3.746622 77.537011 0.000000 488.547045
A-I-10 1000.000000 0.000000 6.662587 6.662587 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.662587 6.662587 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.662586 6.662586 0.000000 1000.000000
A-II 460.092515 8.646749 3.065406 11.712155 0.000000 451.445766
A-P 528.224617 7.587168 0.000000 7.587168 0.000000 520.637449
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 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
M-1 953.223638 1.103446 6.350935 7.454381 0.000000 952.120192
M-2 953.223638 1.103447 6.350934 7.454381 0.000000 952.120192
M-3 953.223635 1.103445 6.350934 7.454379 0.000000 952.120189
B-1 953.223641 1.103445 6.350935 7.454380 0.000000 952.120195
B-2 953.223683 1.103441 6.350930 7.454371 0.000000 952.120242
B-3 746.191052 0.863785 4.971564 5.835349 0.000000 745.327260
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:13 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,141.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 583.44
SUBSERVICER ADVANCES THIS MONTH 39,345.20
MASTER SERVICER ADVANCES THIS MONTH 3,062.80
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,590,703.54
(B) TWO MONTHLY PAYMENTS: 6 719,338.12
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,562,007.62
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 640,736.88
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 91,410,362.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,028
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 4
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 370,372.56
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,746,923.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.10808380 % 18.27919900 % 3.53818900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 77.68705790 % 18.63037985 % 3.61855450 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,279,136.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,637,912.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10184900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 291.30
POOL TRADING FACTOR: 40.12044288
................................................................................
Run: 09/28/99 08:06:29 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FEK5 4,000,000.00 188,514.78 7.400000 % 70,309.40
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 0.00 7.050000 % 0.00
A-4 76110FEN9 3,765,148.00 1,831,187.40 7.300000 % 682,968.54
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 769,823.81 7.400000 % 287,117.20
A-7 76110FER0 31,579,563.00 3,826,264.99 5.845000 % 472,834.39
A-8 76110FES8 0.00 0.00 3.155000 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 10,352,504.10 7.400000 % 453,166.06
A-11 76110FEV1 13,975,000.00 13,975,000.00 7.750000 % 0.00
A-12 76110FEW9 2,000,000.00 2,000,000.00 7.750000 % 0.00
A-13 76110FEX7 20,646,958.00 20,646,958.00 7.750000 % 0.00
A-14 76110FEY5 115,824.70 67,668.14 0.000000 % 4,726.90
A-15-1 96QS8A151 0.00 0.00 1.001208 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.503038 % 0.00
R-I 76110FEZ2 100.00 0.00 7.750000 % 0.00
R-II 76110FFA6 100.00 0.00 7.750000 % 0.00
M-1 76110FFB4 6,661,000.00 6,348,498.82 7.750000 % 5,390.72
M-2 76110FFC2 4,440,700.00 4,232,364.34 7.750000 % 3,593.84
M-3 76110FFD0 3,108,500.00 2,962,664.57 7.750000 % 2,515.70
B-1 1,509,500.00 1,438,681.73 7.750000 % 1,221.63
B-2 444,000.00 423,169.72 7.750000 % 359.33
B-3 1,154,562.90 925,495.99 7.750000 % 785.86
- -------------------------------------------------------------------------------
177,623,205.60 69,988,796.39 1,984,989.57
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,158.40 71,467.80 0.00 0.00 118,205.38
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 11,100.31 694,068.85 0.00 0.00 1,148,218.86
A-5 0.00 0.00 0.00 0.00 0.00
A-6 4,730.45 291,847.65 0.00 0.00 482,706.61
A-7 18,571.16 491,405.55 0.00 0.00 3,353,430.60
A-8 10,024.30 10,024.30 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 63,614.56 516,780.62 0.00 0.00 9,899,338.04
A-11 89,935.87 89,935.87 0.00 0.00 13,975,000.00
A-12 12,870.97 12,870.97 0.00 0.00 2,000,000.00
A-13 132,873.14 132,873.14 0.00 0.00 20,646,958.00
A-14 0.00 4,726.90 0.00 0.00 62,941.24
A-15-1 47,431.28 47,431.28 0.00 0.00 0.00
A-15-2 5,404.42 5,404.42 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 40,855.65 46,246.37 0.00 0.00 6,343,108.10
M-2 27,237.31 30,831.15 0.00 0.00 4,228,770.50
M-3 19,066.18 21,581.88 0.00 0.00 2,960,148.87
B-1 9,258.61 10,480.24 0.00 0.00 1,437,460.10
B-2 2,723.30 3,082.63 0.00 0.00 422,810.39
B-3 5,956.01 6,741.87 0.00 0.00 924,710.13
- -------------------------------------------------------------------------------
502,811.92 2,487,801.49 0.00 0.00 68,003,806.82
===============================================================================
Run: 09/28/99 08:06:29
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 47.128695 17.577349 0.289600 17.866949 0.000000 29.551346
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-4 486.352037 181.392216 2.948174 184.340390 0.000000 304.959821
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 296.029152 110.408462 1.819054 112.227516 0.000000 185.620691
A-7 121.162696 14.972797 0.588075 15.560872 0.000000 106.189899
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10 494.065235 21.626999 3.035956 24.662955 0.000000 472.438236
A-11 1000.000000 0.000000 6.435483 6.435483 0.000000 1000.000000
A-12 1000.000000 0.000000 6.435485 6.435485 0.000000 1000.000000
A-13 1000.000000 0.000000 6.435483 6.435483 0.000000 1000.000000
A-14 584.228925 40.810812 0.000000 40.810812 0.000000 543.418114
A-15-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-15-2 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
M-1 953.084945 0.809296 6.133561 6.942857 0.000000 952.275649
M-2 953.084951 0.809296 6.133562 6.942858 0.000000 952.275655
M-3 953.084951 0.809297 6.133563 6.942860 0.000000 952.275654
B-1 953.084949 0.809294 6.133561 6.942855 0.000000 952.275654
B-2 953.084955 0.809302 6.133559 6.942861 0.000000 952.275653
B-3 801.598588 0.680656 5.158671 5.839327 0.000000 800.917932
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,328.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 38,754.36
MASTER SERVICER ADVANCES THIS MONTH 443.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,397,506.55
(B) TWO MONTHLY PAYMENTS: 4 500,499.32
(C) THREE OR MORE MONTHLY PAYMENTS: 2 151,122.58
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 798,226.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 68,003,806.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 773
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 51,796.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,925,517.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.64386210 % 19.36972100 % 3.98641660 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.98351460 % 19.89892640 % 4.09912440 %
BANKRUPTCY AMOUNT AVAILABLE 158,130.00
FRAUD AMOUNT AVAILABLE 3,552,464.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,776,232.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.97897312
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 312.59
POOL TRADING FACTOR: 38.28542931
................................................................................
Run: 09/28/99 08:06:31 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFE8 33,258,000.00 0.00 6.750000 % 0.00
A-2 76110FFF5 10,146,000.00 0.00 6.750000 % 0.00
A-3 76110FFG3 24,816,000.00 0.00 6.750000 % 0.00
A-4 76110FFH1 15,938,000.00 0.00 6.750000 % 0.00
A-5 76110FFJ7 10,253,000.00 0.00 6.750000 % 0.00
A-6 76110FFK4 31,511,646.00 8,189,066.62 11.000000 % 243,997.79
A-7 76110FFL2 17,652,000.00 3,556,475.49 6.750000 % 921,769.45
A-8 76110FFM0 5,655,589.00 5,323,406.15 6.750000 % 216,886.94
A-9 76110FFN8 19,068,000.00 19,068,000.00 6.750000 % 0.00
A-10 76110FFP3 10,267,765.00 10,267,765.00 6.750000 % 0.00
A-11 76110FFQ1 47,506,000.00 47,506,000.00 7.500000 % 0.00
A-12 76110FFR9 212,947.62 128,979.10 0.000000 % 154.89
A-13-1 0.00 0.00 1.015612 % 0.00
A-13-2 0.00 0.00 0.644248 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,151,464.07 7.500000 % 7,618.52
M-2 76110FFW8 6,251,000.00 6,100,650.73 7.500000 % 5,078.74
M-3 76110FFW8 4,375,700.00 4,270,455.51 7.500000 % 3,555.12
B-1 1,624,900.00 1,585,817.84 7.500000 % 1,320.18
B-2 624,800.00 609,772.30 7.500000 % 507.63
B-3 1,500,282.64 1,356,731.52 7.500000 % 1,129.45
- -------------------------------------------------------------------------------
250,038,730.26 117,114,584.33 1,402,018.71
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 75,035.83 319,033.62 0.00 0.00 7,945,068.83
A-7 19,997.01 941,766.46 0.00 0.00 2,634,706.04
A-8 29,931.95 246,818.89 0.00 0.00 5,106,519.21
A-9 107,213.76 107,213.76 0.00 0.00 19,068,000.00
A-10 57,732.63 57,732.63 0.00 0.00 10,267,765.00
A-11 296,791.41 296,791.41 0.00 0.00 47,506,000.00
A-12 0.00 154.89 0.00 0.00 128,824.21
A-13-1 79,509.75 79,509.75 0.00 0.00 0.00
A-13-2 12,413.47 12,413.47 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 57,173.32 64,791.84 0.00 0.00 9,143,845.55
M-2 38,113.52 43,192.26 0.00 0.00 6,095,571.99
M-3 26,679.46 30,234.58 0.00 0.00 4,266,900.39
B-1 9,907.32 11,227.50 0.00 0.00 1,584,497.66
B-2 3,809.53 4,317.16 0.00 0.00 609,264.67
B-3 8,476.11 9,605.56 0.00 0.00 1,355,602.07
- -------------------------------------------------------------------------------
822,785.07 2,224,803.78 0.00 0.00 115,712,565.62
===============================================================================
Run: 09/28/99 08:06:31
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
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 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 259.874290 7.743099 2.381209 10.124308 0.000000 252.131191
A-7 201.477197 52.218981 1.132847 53.351828 0.000000 149.258217
A-8 941.264676 38.349134 5.292455 43.641589 0.000000 902.915543
A-9 1000.000000 0.000000 5.622706 5.622706 0.000000 1000.000000
A-10 1000.000000 0.000000 5.622707 5.622707 0.000000 1000.000000
A-11 1000.000000 0.000000 6.247451 6.247451 0.000000 1000.000000
A-12 605.684628 0.727362 0.000000 0.727362 0.000000 604.957266
A-13-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-13-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 975.947965 0.812469 6.097187 6.909656 0.000000 975.135496
M-2 975.947965 0.812468 6.097188 6.909656 0.000000 975.135497
M-3 975.947965 0.812469 6.097187 6.909656 0.000000 975.135496
B-1 975.947960 0.812468 6.097188 6.909656 0.000000 975.135491
B-2 975.947983 0.812468 6.097199 6.909667 0.000000 975.135515
B-3 904.317283 0.752831 5.649675 6.402506 0.000000 903.564458
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:32 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1 (POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4237
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 24,489.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,717.74
SUBSERVICER ADVANCES THIS MONTH 45,342.19
MASTER SERVICER ADVANCES THIS MONTH 1,898.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,604,123.78
(B) TWO MONTHLY PAYMENTS: 5 582,340.46
(C) THREE OR MORE MONTHLY PAYMENTS: 3 514,356.03
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,057,221.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 115,712,565.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,233
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 232,393.11
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,304,482.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.27544340 % 16.68801100 % 3.03654600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.05283260 % 16.85756238 % 3.07081630 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 1,451,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,451,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.76559338
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.42
POOL TRADING FACTOR: 46.27785683
................................................................................
Run: 09/28/99 08:06:32 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFY4 31,108,570.00 5,889,826.55 9.000000 % 361,861.44
A-2 76110FFZ1 37,000,000.00 0.00 7.250000 % 0.00
A-3 76110FGA5 5,200,000.00 0.00 7.250000 % 0.00
A-4 76110FGB3 18,200,000.00 6,022,656.85 7.250000 % 780,255.52
A-5 76110FGC1 10,000,000.00 1,330,480.51 7.250000 % 124,398.14
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 0.00
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 90,582.07 0.000000 % 11,794.87
A-10-1 97QS2A101 0.00 0.00 0.790056 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.431506 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,797,069.26 7.750000 % 4,034.37
M-2 76110FGL1 4,109,600.00 3,997,492.88 7.750000 % 3,361.92
M-3 76110FGM9 2,630,200.00 2,558,449.91 7.750000 % 2,151.67
B-1 1,068,500.00 1,039,352.03 7.750000 % 874.10
B-2 410,900.00 399,690.94 7.750000 % 336.14
B-3 821,738.81 705,640.48 7.750000 % 593.45
- -------------------------------------------------------------------------------
164,383,983.57 75,603,454.48 1,289,661.62
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 44,148.34 406,009.78 0.00 0.00 5,527,965.11
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 36,366.00 816,621.52 0.00 0.00 5,242,401.33
A-5 8,033.70 132,431.84 0.00 0.00 1,206,082.37
A-6 44,510.15 44,510.15 0.00 0.00 7,371,430.00
A-7 67,133.15 67,133.15 0.00 0.00 10,400,783.00
A-8 200,093.37 200,093.37 0.00 0.00 31,000,000.00
A-9 0.00 11,794.87 0.00 0.00 78,787.20
A-10-1 39,829.82 39,829.82 0.00 0.00 0.00
A-10-2 5,416.60 5,416.60 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,963.28 34,997.65 0.00 0.00 4,793,034.89
M-2 25,802.32 29,164.24 0.00 0.00 3,994,130.96
M-3 16,513.83 18,665.50 0.00 0.00 2,556,298.24
B-1 6,708.63 7,582.73 0.00 0.00 1,038,477.93
B-2 2,579.86 2,916.00 0.00 0.00 399,354.80
B-3 4,554.64 5,148.09 0.00 0.00 701,031.04
- -------------------------------------------------------------------------------
532,653.69 1,822,315.31 0.00 0.00 74,309,776.87
===============================================================================
Run: 09/28/99 08:06:32
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 189.331318 11.632211 1.419170 13.051381 0.000000 177.699107
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-4 330.915212 42.871182 1.998132 44.869314 0.000000 288.044029
A-5 133.048051 12.439814 0.803370 13.243184 0.000000 120.608237
A-6 1000.000000 0.000000 6.038197 6.038197 0.000000 1000.000000
A-7 1000.000000 0.000000 6.454625 6.454625 0.000000 1000.000000
A-8 1000.000000 0.000000 6.454625 6.454625 0.000000 1000.000000
A-9 693.787140 90.339392 0.000000 90.339392 0.000000 603.447748
A-10-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 972.720671 0.818065 6.278547 7.096612 0.000000 971.902606
M-2 972.720674 0.818065 6.278548 7.096613 0.000000 971.902609
M-3 972.720671 0.818063 6.278545 7.096608 0.000000 971.902608
B-1 972.720664 0.818063 6.278549 7.096612 0.000000 971.902602
B-2 972.720711 0.818058 6.278559 7.096617 0.000000 971.902653
B-3 858.716263 0.722188 5.542686 6.264874 0.000000 853.106889
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:32 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,652.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,988.39
SUBSERVICER ADVANCES THIS MONTH 20,889.58
MASTER SERVICER ADVANCES THIS MONTH 2,450.45
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,011,628.65
(B) TWO MONTHLY PAYMENTS: 4 263,108.53
(C) THREE OR MORE MONTHLY PAYMENTS: 1 55,042.78
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 328,863.01
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,309,776.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 852
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 289,853.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,230,100.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.12530520 % 15.03453900 % 2.84015610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.83733250 % 15.26510315 % 2.88136230 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,931,520.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,900,600.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.78873484
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.69
POOL TRADING FACTOR: 45.20499823
................................................................................
Run: 09/28/99 08:06:33 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3(POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4244
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FGS6 32,109,000.00 0.00 7.250000 % 0.00
A-2 76110FGT4 26,579,000.00 0.00 7.500000 % 0.00
A-3 76110FGU1 16,821,000.00 3,850,762.20 7.500000 % 1,335,410.77
A-4 76110FGV9 23,490,000.00 23,490,000.00 7.750000 % 0.00
A-5 76110FGW7 7,138,000.00 7,138,000.00 7.750000 % 0.00
A-6 76110FGX5 1,000,000.00 1,000,000.00 7.750000 % 0.00
A-7 76110FGY3 15,374,000.00 550,108.89 9.500000 % 190,772.97
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 70,394.62 0.000000 % 537.74
A-10-1 97QS3A101 0.00 0.00 0.795829 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.507662 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,206,084.81 7.750000 % 10,067.81
M-2 76110FHE6 4,112,900.00 4,004,733.07 7.750000 % 7,744.57
M-3 76110FHF3 2,632,200.00 2,562,974.60 7.750000 % 4,956.42
B-1 1,069,400.00 1,041,275.38 7.750000 % 2,013.67
B-2 411,200.00 400,385.68 7.750000 % 774.29
B-3 823,585.68 539,662.62 7.750000 % 1,043.63
- -------------------------------------------------------------------------------
164,514,437.18 77,354,381.87 1,553,321.87
===============================================================================
_______________________________________________________________________________
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 24,064.82 1,359,475.59 0.00 0.00 2,515,351.43
A-4 151,690.88 151,690.88 0.00 0.00 23,490,000.00
A-5 46,094.91 46,094.91 0.00 0.00 7,138,000.00
A-6 6,457.68 6,457.68 0.00 0.00 1,000,000.00
A-7 4,354.59 195,127.56 0.00 0.00 359,335.92
A-8 177,586.17 177,586.17 0.00 0.00 27,500,000.00
A-9 0.00 537.74 0.00 0.00 69,856.88
A-10-1 39,289.73 39,289.73 0.00 0.00 0.00
A-10-2 7,658.52 7,658.52 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,619.22 43,687.03 0.00 0.00 5,196,017.00
M-2 25,861.28 33,605.85 0.00 0.00 3,996,988.50
M-3 16,550.86 21,507.28 0.00 0.00 2,558,018.18
B-1 6,724.22 8,737.89 0.00 0.00 1,039,261.71
B-2 2,585.56 3,359.85 0.00 0.00 399,611.39
B-3 3,484.97 4,528.60 0.00 0.00 536,995.83
- -------------------------------------------------------------------------------
546,023.41 2,099,345.28 0.00 0.00 75,799,436.84
===============================================================================
Run: 09/28/99 08:06:33
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3(POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4244
_______________________________________________________________________________
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-3 228.925878 79.389499 1.430641 80.820140 0.000000 149.536379
A-4 1000.000000 0.000000 6.457679 6.457679 0.000000 1000.000000
A-5 1000.000000 0.000000 6.457679 6.457679 0.000000 1000.000000
A-6 1000.000000 0.000000 6.457680 6.457680 0.000000 1000.000000
A-7 35.781767 12.408805 0.283244 12.692049 0.000000 23.372962
A-8 1000.000000 0.000000 6.457679 6.457679 0.000000 1000.000000
A-9 655.739510 5.009152 0.000000 5.009152 0.000000 650.730358
A-10-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 973.700565 1.882995 6.287845 8.170840 0.000000 971.817570
M-2 973.700569 1.882995 6.287846 8.170841 0.000000 971.817574
M-3 973.700555 1.882995 6.287843 8.170838 0.000000 971.817560
B-1 973.700561 1.882990 6.287844 8.170834 0.000000 971.817571
B-2 973.700584 1.883001 6.287840 8.170841 0.000000 971.817583
B-3 655.259839 1.267178 4.231460 5.498638 0.000000 652.021812
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:33 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3 (POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4244
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,880.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 25,607.84
MASTER SERVICER ADVANCES THIS MONTH 479.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,182,865.55
(B) TWO MONTHLY PAYMENTS: 3 165,255.41
(C) THREE OR MORE MONTHLY PAYMENTS: 2 639,325.21
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,286,913.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,799,436.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 802
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 60,521.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,396,293.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.20185490 % 15.23445300 % 2.56369240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.87380330 % 15.50278494 % 2.60911120 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 850,914.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,609,783.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80084425
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.16
POOL TRADING FACTOR: 46.07464131
................................................................................
Run: 09/28/99 08:06:34 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHK2 43,231,010.00 0.00 7.250000 % 0.00
A-2 76110FHL0 35,775,000.00 0.00 7.250000 % 0.00
A-3 76110FHM8 22,398,546.00 6,157,170.84 7.250000 % 1,511,901.09
A-4 76110FHN6 24,498,244.00 3,332,159.99 10.000000 % 335,977.98
A-5 76110FHP1 17,675,100.00 17,675,100.00 7.500000 % 0.00
A-6 76110FHQ9 7,150,100.00 7,150,100.00 7.750000 % 0.00
A-7 76110FHR7 52,000,000.00 52,000,000.00 7.750000 % 0.00
A-8 76110FHS5 155,284.33 120,352.85 0.000000 % 130.00
A-9-1 797QS4A91 0.00 0.00 0.804159 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.477337 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,030,245.51 7.750000 % 5,733.14
M-2 76110FHW6 4,975,300.00 4,867,055.41 7.750000 % 3,969.06
M-3 76110FHX4 3,316,900.00 3,244,736.23 7.750000 % 2,646.07
B-1 1,216,200.00 1,189,739.88 7.750000 % 970.23
B-2 552,900.00 540,870.89 7.750000 % 441.08
B-3 995,114.30 843,465.90 7.750000 % 687.84
- -------------------------------------------------------------------------------
221,126,398.63 104,150,997.50 1,862,456.49
===============================================================================
_______________________________________________________________________________
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 37,187.05 1,549,088.14 0.00 0.00 4,645,269.75
A-4 27,758.65 363,736.63 0.00 0.00 2,996,182.01
A-5 110,432.20 110,432.20 0.00 0.00 17,675,100.00
A-6 46,162.19 46,162.19 0.00 0.00 7,150,100.00
A-7 335,720.30 335,720.30 0.00 0.00 52,000,000.00
A-8 0.00 130.00 0.00 0.00 120,222.85
A-9-1 55,842.84 55,842.84 0.00 0.00 0.00
A-9-2 8,267.84 8,267.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,388.39 51,121.53 0.00 0.00 7,024,512.37
M-2 31,422.49 35,391.55 0.00 0.00 4,863,086.35
M-3 20,948.54 23,594.61 0.00 0.00 3,242,090.16
B-1 7,681.15 8,651.38 0.00 0.00 1,188,769.65
B-2 3,491.94 3,933.02 0.00 0.00 540,429.81
B-3 5,445.55 6,133.39 0.00 0.00 842,778.06
- -------------------------------------------------------------------------------
735,749.13 2,598,205.62 0.00 0.00 102,288,541.01
===============================================================================
Run: 09/28/99 08:06:34
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
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-3 274.891542 67.499966 1.660244 69.160210 0.000000 207.391576
A-4 136.016279 13.714370 1.133087 14.847457 0.000000 122.301909
A-5 1000.000000 0.000000 6.247897 6.247897 0.000000 1000.000000
A-6 1000.000000 0.000000 6.456160 6.456160 0.000000 1000.000000
A-7 1000.000000 0.000000 6.456160 6.456160 0.000000 1000.000000
A-8 775.048261 0.837174 0.000000 0.837174 0.000000 774.211088
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 978.243608 0.797754 6.315697 7.113451 0.000000 977.445853
M-2 978.243605 0.797753 6.315698 7.113451 0.000000 977.445853
M-3 978.243610 0.797754 6.315698 7.113452 0.000000 977.445856
B-1 978.243611 0.797755 6.315696 7.113451 0.000000 977.445856
B-2 978.243606 0.797757 6.315681 7.113438 0.000000 977.445849
B-3 847.607054 0.691217 5.472286 6.163503 0.000000 846.915832
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:34 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,512.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 626.10
SUBSERVICER ADVANCES THIS MONTH 24,761.96
MASTER SERVICER ADVANCES THIS MONTH 1,012.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,521,391.21
(B) TWO MONTHLY PAYMENTS: 3 137,146.52
(C) THREE OR MORE MONTHLY PAYMENTS: 3 292,248.12
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 203,396.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 102,288,541.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,094
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 123,957.74
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,777,509.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.97029310 % 14.55536200 % 2.47434460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.67401610 % 14.79118651 % 2.51739240 %
BANKRUPTCY AMOUNT AVAILABLE 123,032.00
FRAUD AMOUNT AVAILABLE 112,437.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,380,465.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80733475
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.82
POOL TRADING FACTOR: 46.25795095
................................................................................
Run: 09/28/99 08:06:35 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHZ9 33,300,000.00 0.00 7.250000 % 0.00
A-2 76110FJA2 10,800,000.00 0.00 7.250000 % 0.00
A-3 76110FJB0 29,956,909.00 3,393,801.56 10.000000 % 1,427,552.62
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 10,531,444.44 7.250000 % 2,056,916.09
A-6 76110FJE4 18,143,000.00 18,143,000.00 8.000000 % 0.00
A-7 76110FJF1 4,767,000.00 4,767,000.00 8.000000 % 0.00
A-8 76110FJG9 0.00 0.00 0.750000 % 0.00
A-9 76110FJH7 42,917,000.00 42,917,000.00 7.250000 % 0.00
A-10 76110FJJ3 340,158.57 215,169.37 0.000000 % 12,287.83
A-11-1 0.00 0.00 0.707079 % 0.00
A-11-2 0.00 0.00 0.358725 % 0.00
R-I 76110FJL8 100.00 0.00 8.000000 % 0.00
R-II 76110FJM6 100.00 0.00 8.000000 % 0.00
M-1 76110FJN4 6,730,000.00 6,581,820.39 8.000000 % 4,902.09
M-2 76110FJP9 4,330,000.00 4,234,663.05 8.000000 % 3,153.94
M-3 76110FJQ7 2,886,000.00 2,822,456.72 8.000000 % 2,102.14
B-1 1,058,000.00 1,034,705.17 8.000000 % 770.64
B-2 481,000.00 470,409.46 8.000000 % 350.36
B-3 866,066.26 598,780.35 8.000000 % 445.97
- -------------------------------------------------------------------------------
192,360,424.83 95,710,250.51 3,508,481.68
===============================================================================
_______________________________________________________________________________
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 28,215.57 1,455,768.19 0.00 0.00 1,966,248.94
A-4 0.00 0.00 0.00 0.00 0.00
A-5 63,478.76 2,120,394.85 0.00 0.00 8,474,528.35
A-6 120,670.62 120,670.62 0.00 0.00 18,143,000.00
A-7 31,705.72 31,705.72 0.00 0.00 4,767,000.00
A-8 26,760.43 26,760.43 0.00 0.00 0.00
A-9 258,684.15 258,684.15 0.00 0.00 42,917,000.00
A-10 0.00 12,287.83 0.00 0.00 202,881.54
A-11-1 42,612.13 42,612.13 0.00 0.00 0.00
A-11-2 6,925.94 6,925.94 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 43,776.24 48,678.33 0.00 0.00 6,576,918.30
M-2 28,165.10 31,319.04 0.00 0.00 4,231,509.11
M-3 18,772.40 20,874.54 0.00 0.00 2,820,354.58
B-1 6,881.91 7,652.55 0.00 0.00 1,033,934.53
B-2 3,128.73 3,479.09 0.00 0.00 470,059.10
B-3 3,982.54 4,428.51 0.00 0.00 598,334.38
- -------------------------------------------------------------------------------
683,760.24 4,192,241.92 0.00 0.00 92,201,768.83
===============================================================================
Run: 09/28/99 08:06:35
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
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-3 113.289444 47.653535 0.941872 48.595407 0.000000 65.635909
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 893.624363 174.535444 5.386361 179.921805 0.000000 719.088919
A-6 1000.000000 0.000000 6.651084 6.651084 0.000000 1000.000000
A-7 1000.000000 0.000000 6.651085 6.651085 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.027545 6.027545 0.000000 1000.000000
A-10 632.556075 36.123829 0.000000 36.123829 0.000000 596.432246
A-11-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11-2 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
M-1 977.982227 0.728394 6.504642 7.233036 0.000000 977.253834
M-2 977.982229 0.728393 6.504642 7.233035 0.000000 977.253836
M-3 977.982231 0.728392 6.504643 7.233035 0.000000 977.253839
B-1 977.982202 0.728393 6.504641 7.233034 0.000000 977.253809
B-2 977.982245 0.728399 6.504636 7.233035 0.000000 977.253846
B-3 691.379376 0.514938 4.598424 5.113362 0.000000 690.864438
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:35 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,513.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 26,071.97
MASTER SERVICER ADVANCES THIS MONTH 3,863.99
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,115,218.25
(B) TWO MONTHLY PAYMENTS: 2 232,543.73
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 911,165.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 92,201,768.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 964
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 5
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 467,277.36
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,437,171.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.51450680 % 14.28234800 % 2.20314490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.90076060 % 14.78147563 % 2.28516680 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 995,474.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,391,187.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.93359342
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.33
POOL TRADING FACTOR: 47.93177646
................................................................................
Run: 09/28/99 08:06:35 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6(POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4249
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJR5 42,946,000.00 0.00 7.500000 % 0.00
A-2 76110FJS3 15,683,000.00 14,200,308.08 7.500000 % 772,444.73
A-3 76110FJT1 18,746,000.00 18,746,000.00 7.500000 % 0.00
A-4 76110FJU8 2,046,000.00 2,046,000.00 7.500000 % 0.00
A-5 76110FJV6 21,277,000.00 19,442,246.65 7.500000 % 78,157.29
A-6 76110FJW4 164,986.80 80,701.92 0.000000 % 355.75
A-7-1 0.00 0.00 0.844040 % 0.00
A-7-2 0.00 0.00 0.298619 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,428,716.47 7.500000 % 9,763.37
M-2 76110FKA0 1,061,700.00 971,431.68 7.500000 % 3,905.13
M-3 76110FKB8 690,100.00 631,426.03 7.500000 % 2,538.32
B-1 371,600.00 340,005.65 7.500000 % 1,366.81
B-2 159,300.00 145,755.91 7.500000 % 585.93
B-3 372,446.48 333,810.11 7.500000 % 1,341.92
- -------------------------------------------------------------------------------
106,172,633.28 59,366,402.50 870,459.25
===============================================================================
_______________________________________________________________________________
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 88,670.91 861,115.64 0.00 0.00 13,427,863.35
A-3 117,055.55 117,055.55 0.00 0.00 18,746,000.00
A-4 12,775.83 12,775.83 0.00 0.00 2,046,000.00
A-5 121,403.11 199,560.40 0.00 0.00 19,364,089.36
A-6 0.00 355.75 0.00 0.00 80,346.17
A-7-1 35,291.33 35,291.33 0.00 0.00 0.00
A-7-2 2,273.81 2,273.81 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,165.62 24,928.99 0.00 0.00 2,418,953.10
M-2 6,065.91 9,971.04 0.00 0.00 967,526.55
M-3 3,942.81 6,481.13 0.00 0.00 628,887.71
B-1 2,123.10 3,489.91 0.00 0.00 338,638.84
B-2 910.14 1,496.07 0.00 0.00 145,169.98
B-3 2,084.41 3,426.33 0.00 0.00 332,468.19
- -------------------------------------------------------------------------------
407,762.53 1,278,221.78 0.00 0.00 58,495,943.25
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 905.458655 49.253633 5.653951 54.907584 0.000000 856.205021
A-3 1000.000000 0.000000 6.244295 6.244295 0.000000 1000.000000
A-4 1000.000000 0.000000 6.244296 6.244296 0.000000 1000.000000
A-5 913.768231 3.673323 5.705838 9.379161 0.000000 910.094908
A-6 489.141677 2.156233 0.000000 2.156233 0.000000 486.985444
A-7-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-7-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 914.977573 3.678183 5.713389 9.391572 0.000000 911.299390
M-2 914.977564 3.678186 5.713394 9.391580 0.000000 911.299378
M-3 914.977583 3.678192 5.713389 9.391581 0.000000 911.299391
B-1 914.977530 3.678175 5.713402 9.391577 0.000000 911.299354
B-2 914.977464 3.678154 5.713371 9.391525 0.000000 911.299310
B-3 896.263297 3.602961 5.596536 9.199497 0.000000 892.660309
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,305.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,443.88
SUBSERVICER ADVANCES THIS MONTH 20,051.78
MASTER SERVICER ADVANCES THIS MONTH 381.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,349,010.96
(B) TWO MONTHLY PAYMENTS: 6 414,323.40
(C) THREE OR MORE MONTHLY PAYMENTS: 1 69,239.23
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 34,381.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 58,495,943.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 896
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 35,439.14
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 631,780.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.81734250 % 6.80024700 % 1.38241040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.72884540 % 6.86435185 % 1.39736140 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 613,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 733,321.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.57966580
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 144.47
POOL TRADING FACTOR: 55.09512333
................................................................................
Run: 09/28/99 08:07:16 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 24,934,336.17 5,211,994.18 7.488750 % 6,102.08
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 5,211,994.18 6,102.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 32,515.64 38,617.72 0.00 0.00 5,205,892.10
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
32,515.64 38,617.72 0.00 0.00 5,205,892.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 209.028792 0.244726 1.304051 1.548777 0.000000 208.784067
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1 (POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3328
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,628.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 227.63
SUBSERVICER ADVANCES THIS MONTH 2,759.29
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 105,867.71
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 273,512.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 5,205,892.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 36
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 1,713.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000060 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96242800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.86
POOL TRADING FACTOR: 20.87840653
................................................................................
Run: 09/28/99 08:07:16 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 5,206,459.21 7.796303 % 810,612.56
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 5,206,459.21 810,612.56
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 30,544.06 841,156.62 0.00 0.00 4,395,846.65
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
30,544.06 841,156.62 0.00 0.00 4,395,846.65
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 169.048755 26.319815 0.991736 27.311551 0.000000 142.728940
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,460.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 204.93
SUBSERVICER ADVANCES THIS MONTH 2,152.73
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 299,015.99
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,395,846.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 31
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 806,921.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000100 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000110 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.7910 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.38593600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.77
POOL TRADING FACTOR: 14.27289386
................................................................................
Run: 09/28/99 08:06:36 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7(POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4255
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKC6 82,491,000.00 16,330,750.61 7.500000 % 1,890,736.71
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 9,475,821.47 9.500000 % 270,105.24
A-8 76110FKP7 156,262.27 43,942.34 0.000000 % 672.38
A-9-1 0.00 0.00 0.845913 % 0.00
A-9-2 0.00 0.00 0.562882 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,569,191.89 7.750000 % 39,227.82
M-2 76110FKM4 3,827,000.00 3,753,964.06 7.750000 % 22,416.74
M-3 76110FKN2 2,870,200.00 2,815,424.02 7.750000 % 16,812.26
B-1 1,052,400.00 1,032,315.61 7.750000 % 6,164.46
B-2 478,400.00 469,270.02 7.750000 % 2,802.24
B-3 861,188.35 769,112.03 7.750000 % 4,592.74
- -------------------------------------------------------------------------------
191,342,550.62 91,259,792.05 2,253,530.59
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 101,968.85 1,992,705.56 0.00 0.00 14,440,013.90
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,683.76 68,683.76 0.00 0.00 11,000,000.00
A-4 24,975.91 24,975.91 0.00 0.00 4,000,000.00
A-5 112,911.93 112,911.93 0.00 0.00 17,500,000.00
A-6 105,627.30 105,627.30 0.00 0.00 17,500,000.00
A-7 74,944.64 345,049.88 0.00 0.00 9,205,716.23
A-8 0.00 672.38 0.00 0.00 43,269.96
A-9-1 52,388.14 52,388.14 0.00 0.00 0.00
A-9-2 7,906.02 7,906.02 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 42,385.15 81,612.97 0.00 0.00 6,529,964.07
M-2 24,220.99 46,637.73 0.00 0.00 3,731,547.32
M-3 18,165.43 34,977.69 0.00 0.00 2,798,611.76
B-1 6,660.62 12,825.08 0.00 0.00 1,026,151.15
B-2 3,027.78 5,830.02 0.00 0.00 466,467.78
B-3 4,962.39 9,555.13 0.00 0.00 764,469.30
- -------------------------------------------------------------------------------
648,828.91 2,902,359.50 0.00 0.00 89,006,211.47
===============================================================================
Run: 09/28/99 08:06:36
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7(POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4255
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 197.970089 22.920521 1.236121 24.156642 0.000000 175.049568
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.243978 6.243978 0.000000 1000.000000
A-4 1000.000000 0.000000 6.243978 6.243978 0.000000 1000.000000
A-5 1000.000000 0.000000 6.452110 6.452110 0.000000 1000.000000
A-6 1000.000000 0.000000 6.035846 6.035846 0.000000 1000.000000
A-7 432.192541 12.319509 3.418228 15.737737 0.000000 419.873032
A-8 281.208893 4.302894 0.000000 4.302894 0.000000 276.905999
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 980.915617 5.857521 6.328976 12.186497 0.000000 975.058096
M-2 980.915615 5.857523 6.328976 12.186499 0.000000 975.058093
M-3 980.915623 5.857522 6.328977 12.186499 0.000000 975.058101
B-1 980.915631 5.857526 6.328981 12.186507 0.000000 975.058105
B-2 980.915594 5.857525 6.328972 12.186497 0.000000 975.058069
B-3 893.082251 5.333026 5.762259 11.095285 0.000000 887.691177
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:36 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,585.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 36,746.28
MASTER SERVICER ADVANCES THIS MONTH 5,182.44
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,820,098.43
(B) TWO MONTHLY PAYMENTS: 4 189,017.12
(C) THREE OR MORE MONTHLY PAYMENTS: 4 641,622.31
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 968,965.16
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,006,211.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 962
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 639,694.94
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,708,848.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 472,316.62
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.10679810 % 14.40383400 % 2.48936740 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.78248100 % 14.67327160 % 2.53711060 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 910,546.00
SPECIAL HAZARD AMOUNT AVAILABLE 983,302.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.86754025
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.35
POOL TRADING FACTOR: 46.51668496
................................................................................
Run: 09/28/99 08:06:37 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKU6 13,399,900.00 0.00 7.000000 % 0.00
A-2 76110FKV4 20,850,000.00 0.00 7.000000 % 0.00
A-3 76110FKW2 16,320,750.00 3,280,969.39 10.000000 % 210,403.46
A-4 76110FKX0 19,700,543.00 0.00 7.000000 % 0.00
A-5 76110FKY8 21,419,142.00 5,350,052.95 7.150000 % 1,502,881.85
A-6 76110FKZ5 6,323,320.00 6,323,320.00 7.250000 % 0.00
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 8,024,227.44 7.500000 % 370,749.82
A-9 76110FLC5 5,000,001.00 5,000,001.00 7.375000 % 0.00
A-10 76110FLD3 54,507,000.00 54,507,000.00 7.500000 % 0.00
A-11 76110FLE1 26,409.16 10,293.63 0.000000 % 9.31
A-12-1 0.00 0.00 0.950311 % 0.00
A-12-2 0.00 0.00 0.662201 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,485,239.23 7.500000 % 5,833.77
M-2 76110FLJ0 4,361,000.00 4,277,699.93 7.500000 % 3,333.91
M-3 76110FLK7 3,270,500.00 3,208,029.75 7.500000 % 2,500.24
B-1 1,199,000.00 1,176,097.73 7.500000 % 916.62
B-2 545,000.00 534,589.91 7.500000 % 416.64
B-3 981,461.72 824,849.06 7.500000 % 642.88
- -------------------------------------------------------------------------------
218,029,470.88 116,498,678.02 2,097,688.50
===============================================================================
_______________________________________________________________________________
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 27,331.19 237,734.65 0.00 0.00 3,070,565.93
A-4 0.00 0.00 0.00 0.00 0.00
A-5 31,865.48 1,534,747.33 0.00 0.00 3,847,171.10
A-6 38,189.11 38,189.11 0.00 0.00 6,323,320.00
A-7 99,627.93 99,627.93 0.00 0.00 16,496,308.00
A-8 50,132.67 420,882.49 0.00 0.00 7,653,477.62
A-9 30,717.68 30,717.68 0.00 0.00 5,000,001.00
A-10 340,541.39 340,541.39 0.00 0.00 54,507,000.00
A-11 0.00 9.31 0.00 0.00 10,284.32
A-12-1 71,522.78 71,522.78 0.00 0.00 0.00
A-12-2 14,425.00 14,425.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,765.26 52,599.03 0.00 0.00 7,479,405.46
M-2 26,725.63 30,059.54 0.00 0.00 4,274,366.02
M-3 20,042.69 22,542.93 0.00 0.00 3,205,529.51
B-1 7,347.86 8,264.48 0.00 0.00 1,175,181.11
B-2 3,339.94 3,756.58 0.00 0.00 534,173.27
B-3 5,153.38 5,796.26 0.00 0.00 824,206.18
- -------------------------------------------------------------------------------
813,727.99 2,911,416.49 0.00 0.00 114,400,989.52
===============================================================================
Run: 09/28/99 08:06:37
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
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-3 201.030553 12.891776 1.674628 14.566404 0.000000 188.138776
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 249.779050 70.165362 1.487710 71.653072 0.000000 179.613689
A-6 1000.000000 0.000000 6.039408 6.039408 0.000000 1000.000000
A-7 1000.000000 0.000000 6.039408 6.039408 0.000000 1000.000000
A-8 308.647447 14.260686 1.928325 16.189011 0.000000 294.386761
A-9 1000.000000 0.000000 6.143535 6.143535 0.000000 1000.000000
A-10 1000.000000 0.000000 6.247663 6.247663 0.000000 1000.000000
A-11 389.774987 0.352529 0.000000 0.352529 0.000000 389.422458
A-12-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-12-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 980.898864 0.764483 6.128327 6.892810 0.000000 980.134381
M-2 980.898860 0.764483 6.128326 6.892809 0.000000 980.134377
M-3 980.898869 0.764482 6.128326 6.892808 0.000000 980.134386
B-1 980.898857 0.764487 6.128324 6.892811 0.000000 980.134370
B-2 980.898917 0.764477 6.128330 6.892807 0.000000 980.134440
B-3 840.429171 0.655003 5.250719 5.905722 0.000000 839.774153
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:37 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 24,009.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 709.87
SUBSERVICER ADVANCES THIS MONTH 33,884.25
MASTER SERVICER ADVANCES THIS MONTH 1,828.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 3,341,192.69
(B) TWO MONTHLY PAYMENTS: 5 596,518.08
(C) THREE OR MORE MONTHLY PAYMENTS: 4 202,227.85
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 219,105.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 114,400,989.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,148
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 220,431.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,006,891.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.97145810 % 12.85189800 % 2.17664340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.70779460 % 13.07619895 % 2.21483080 %
BANKRUPTCY AMOUNT AVAILABLE 113,527.00
FRAUD AMOUNT AVAILABLE 1,163,492.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,574,115.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.71616087
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.68
POOL TRADING FACTOR: 52.47042479
................................................................................
Run: 09/28/99 08:06:38 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 4,552,791.22 10.000000 % 642,194.86
A-4 76110FLP6 38,010,000.00 7,876,890.29 6.750000 % 3,532,071.84
A-5 76110FLQ4 17,163,462.00 17,163,462.00 6.750000 % 0.00
A-6 76110FLR2 29,977,000.00 29,977,000.00 7.250000 % 0.00
A-7 76110FLS0 16,065,000.00 16,065,000.00 7.250000 % 0.00
A-8 76110FLT8 54,645,000.00 54,645,000.00 7.250000 % 0.00
A-9-1 0.00 0.00 1.042119 % 0.00
A-9-2 0.00 0.00 0.749112 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,992,678.02 7.250000 % 14,094.74
M-2 76110FLX9 5,420,000.00 5,328,451.99 7.250000 % 9,396.49
M-3 76110FLY2 4,065,000.00 3,996,338.98 7.250000 % 7,047.37
B-1 1,490,500.00 1,465,324.27 7.250000 % 2,584.04
B-2 677,500.00 666,056.51 7.250000 % 1,174.56
B-3 1,219,925.82 1,175,083.60 7.250000 % 2,072.14
- -------------------------------------------------------------------------------
271,005,025.82 150,904,076.88 4,210,636.04
===============================================================================
_______________________________________________________________________________
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 37,919.82 680,114.68 0.00 0.00 3,910,596.36
A-4 44,284.02 3,576,355.86 0.00 0.00 4,344,818.45
A-5 96,493.30 96,493.30 0.00 0.00 17,163,462.00
A-6 181,015.04 181,015.04 0.00 0.00 29,977,000.00
A-7 97,007.93 97,007.93 0.00 0.00 16,065,000.00
A-8 329,971.89 329,971.89 0.00 0.00 54,645,000.00
A-9-1 112,455.34 112,455.34 0.00 0.00 0.00
A-9-2 13,316.64 13,316.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,263.50 62,358.24 0.00 0.00 7,978,583.28
M-2 32,175.67 41,572.16 0.00 0.00 5,319,055.50
M-3 24,131.75 31,179.12 0.00 0.00 3,989,291.61
B-1 8,848.31 11,432.35 0.00 0.00 1,462,740.23
B-2 4,021.96 5,196.52 0.00 0.00 664,881.95
B-3 7,095.70 9,167.84 0.00 0.00 1,171,197.47
- -------------------------------------------------------------------------------
1,037,000.87 5,247,636.91 0.00 0.00 146,691,626.85
===============================================================================
Run: 09/28/99 08:06:38
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
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-3 198.192704 27.956111 1.650731 29.606842 0.000000 170.236593
A-4 207.232052 92.924805 1.165062 94.089867 0.000000 114.307247
A-5 1000.000000 0.000000 5.622018 5.622018 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038464 6.038464 0.000000 1000.000000
A-7 1000.000000 0.000000 6.038464 6.038464 0.000000 1000.000000
A-8 1000.000000 0.000000 6.038464 6.038464 0.000000 1000.000000
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.109228 1.733670 5.936470 7.670140 0.000000 981.375557
M-2 983.109223 1.733670 5.936470 7.670140 0.000000 981.375554
M-3 983.109220 1.733670 5.936470 7.670140 0.000000 981.375550
B-1 983.109205 1.733673 5.936471 7.670144 0.000000 981.375532
B-2 983.109240 1.733668 5.936472 7.670140 0.000000 981.375572
B-3 963.241847 1.698579 5.816501 7.515080 0.000000 960.056305
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:38 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9 (POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4263
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 34,206.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 34,216.06
MASTER SERVICER ADVANCES THIS MONTH 1,135.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,396,187.46
(B) TWO MONTHLY PAYMENTS: 6 630,592.61
(C) THREE OR MORE MONTHLY PAYMENTS: 8 983,522.37
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 475,198.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 146,691,626.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,566
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 150,584.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,933,064.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 52,347.91
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.33308400 % 11.47581300 % 2.19110340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.96664960 % 11.78453792 % 2.24881250 %
BANKRUPTCY AMOUNT AVAILABLE 153,458.00
FRAUD AMOUNT AVAILABLE 8,130,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,710,050.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.60176877
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.90
POOL TRADING FACTOR: 54.12874776
................................................................................
Run: 09/28/99 08:06:38 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFMN0 199,969,492.00 68,342,172.14 7.250000 % 4,070,058.08
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 7611OFMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 7611OFMR1 64,916,508.00 63,444,947.57 7.250000 % 73,486.56
A-5 7611OFMS9 76,250.57 58,947.44 0.000000 % 59.72
A-6-1 0.00 0.00 1.006094 % 0.00
A-6-2 0.00 0.00 0.672372 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,392,452.08 7.250000 % 10,288.89
M-2 7611OFMW0 6,524,000.00 6,395,053.52 7.250000 % 6,331.32
M-3 7611OFMX8 4,893,000.00 4,796,290.10 7.250000 % 4,748.49
B-1 7611OFMY6 1,794,000.00 1,758,541.69 7.250000 % 1,741.02
B-2 7611OFMZ3 816,000.00 799,871.80 7.250000 % 791.90
B-3 7611OFNA7 1,468,094.11 1,331,300.49 7.250000 % 1,318.03
- -------------------------------------------------------------------------------
326,202,444.68 192,462,576.83 4,168,824.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 412,680.85 4,482,738.93 0.00 0.00 64,272,114.06
A-2 60,384.51 60,384.51 0.00 0.00 10,000,000.00
A-3 151,824.78 151,824.78 0.00 0.00 25,143,000.00
A-4 383,109.20 456,595.76 0.00 0.00 63,371,461.01
A-5 0.00 59.72 0.00 0.00 58,887.72
A-6-1 129,034.27 129,034.27 0.00 0.00 0.00
A-6-2 21,547.73 21,547.73 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,754.31 73,043.20 0.00 0.00 10,382,163.19
M-2 38,616.22 44,947.54 0.00 0.00 6,388,722.20
M-3 28,962.17 33,710.66 0.00 0.00 4,791,541.61
B-1 10,618.87 12,359.89 0.00 0.00 1,756,800.67
B-2 4,829.99 5,621.89 0.00 0.00 799,079.90
B-3 8,038.99 9,357.02 0.00 0.00 1,325,696.83
- -------------------------------------------------------------------------------
1,312,401.89 5,481,225.90 0.00 0.00 188,289,467.19
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 341.762993 20.353395 2.063719 22.417114 0.000000 321.409598
A-2 1000.000000 0.000000 6.038451 6.038451 0.000000 1000.000000
A-3 1000.000000 0.000000 6.038451 6.038451 0.000000 1000.000000
A-4 977.331491 1.132017 5.901568 7.033585 0.000000 976.199475
A-5 773.075401 0.783207 0.000000 0.783207 0.000000 772.292194
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 980.235058 0.970467 5.919101 6.889568 0.000000 979.264591
M-2 980.235058 0.970466 5.919102 6.889568 0.000000 979.264592
M-3 980.235050 0.970466 5.919103 6.889569 0.000000 979.264584
B-1 980.235056 0.970468 5.919103 6.889571 0.000000 979.264588
B-2 980.235049 0.970466 5.919105 6.889571 0.000000 979.264583
B-3 906.822309 0.897783 5.475800 6.373583 0.000000 903.005346
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10 (POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4264
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 39,698.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 42,239.35
MASTER SERVICER ADVANCES THIS MONTH 3,817.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,575,328.14
(B) TWO MONTHLY PAYMENTS: 8 1,472,532.55
(C) THREE OR MORE MONTHLY PAYMENTS: 8 705,037.92
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 742,729.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 188,289,467.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,859
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 497,083.85
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,950,198.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.76037990 % 11.21797700 % 2.02164270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.48253410 % 11.45174360 % 2.06213960 %
BANKRUPTCY AMOUNT AVAILABLE 203,326.00
FRAUD AMOUNT AVAILABLE 5,143,425.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,571,718.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.51775871
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.49
POOL TRADING FACTOR: 57.72166036
................................................................................
Run: 09/28/99 08:06:39 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 61,549,183.49 7.000000 % 1,297,070.81
A-2 7611OFMD2 43,142.76 24,531.53 0.000000 % 180.95
A-3-1 0.00 0.00 1.081845 % 0.00
A-3-2 0.00 0.00 0.642512 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,820,408.06 7.000000 % 11,128.18
M-2 7611OFMH3 892,000.00 826,751.21 7.000000 % 3,262.02
M-3 7611OFMJ9 419,700.00 388,999.43 7.000000 % 1,534.83
B-1 7611OFMK6 367,000.00 340,154.37 7.000000 % 1,342.11
B-2 7611OFML4 262,400.00 243,205.71 7.000000 % 959.59
B-3 7611OFMM2 263,388.53 244,121.96 7.000000 % 963.20
- -------------------------------------------------------------------------------
104,940,731.29 66,437,355.76 1,316,441.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 358,568.17 1,655,638.98 0.00 0.00 60,252,112.68
A-2 0.00 180.95 0.00 0.00 24,350.58
A-3-1 47,148.90 47,148.90 0.00 0.00 0.00
A-3-2 7,523.97 7,523.97 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,430.90 27,559.08 0.00 0.00 2,809,279.88
M-2 4,816.42 8,078.44 0.00 0.00 823,489.19
M-3 2,266.20 3,801.03 0.00 0.00 387,464.60
B-1 1,981.64 3,323.75 0.00 0.00 338,812.26
B-2 1,416.85 2,376.44 0.00 0.00 242,246.12
B-3 1,422.18 2,385.38 0.00 0.00 243,158.76
- -------------------------------------------------------------------------------
441,575.23 1,758,016.92 0.00 0.00 65,120,914.07
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 617.653623 13.016265 3.598276 16.614541 0.000000 604.637358
A-2 568.612903 4.194215 0.000000 4.194215 0.000000 564.418688
A-3-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 926.851153 3.656977 5.399573 9.056550 0.000000 923.194177
M-2 926.851132 3.656973 5.399574 9.056547 0.000000 923.194159
M-3 926.851156 3.656969 5.399571 9.056540 0.000000 923.194186
B-1 926.851144 3.656975 5.399564 9.056539 0.000000 923.194169
B-2 926.851029 3.656974 5.399581 9.056555 0.000000 923.194055
B-3 926.851143 3.656993 5.399552 9.056545 0.000000 923.194188
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:39 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11 (POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4265
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,728.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,167.58
SUBSERVICER ADVANCES THIS MONTH 12,769.40
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 686,137.36
(B) TWO MONTHLY PAYMENTS: 2 82,616.32
(C) THREE OR MORE MONTHLY PAYMENTS: 1 348,563.14
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 118,347.23
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,120,914.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 813
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 1,054,249.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.67665430 % 6.07737800 % 1.24596730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.55805440 % 6.17349085 % 1.26614540 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 845,878.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,663,826.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.31382744
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 148.87
POOL TRADING FACTOR: 62.05494594
................................................................................
Run: 09/28/99 08:06:40 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNB5 57,575,000.00 0.00 7.000000 % 0.00
A-2 76110FNC3 22,405,757.00 7,570,858.33 9.000000 % 552,280.75
A-3 76110FND1 62,824,125.00 16,554,834.40 7.000000 % 3,865,965.23
A-4 76110FNE9 24,294,118.00 24,294,118.00 6.875000 % 0.00
A-5 76110FNF6 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-6 76110FNG4 22,583,041.00 22,583,041.00 7.250000 % 0.00
A-7 76110FNR0 59,318,800.00 58,339,399.38 7.250000 % 45,431.38
A-8-1 0.00 0.00 0.931807 % 0.00
A-8-2 0.00 0.00 0.736242 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,270,562.40 7.250000 % 7,998.13
M-2 76110FNL3 4,471,600.00 4,401,725.86 7.250000 % 3,427.81
M-3 76110FNM1 4,471,500.00 4,401,627.41 7.250000 % 3,427.74
B-1 76110FNN9 1,639,600.00 1,615,145.68 7.250000 % 1,257.78
B-2 76110FNP4 745,200.00 734,623.35 7.250000 % 572.08
B-3 76110FNQ2 1,341,561.05 1,264,701.48 7.250000 % 984.88
- -------------------------------------------------------------------------------
298,104,002.05 178,030,637.29 4,481,345.78
===============================================================================
_______________________________________________________________________________
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 56,757.94 609,038.69 0.00 0.00 7,018,577.58
A-3 96,529.91 3,962,495.14 0.00 0.00 12,688,869.17
A-4 139,127.45 139,127.45 0.00 0.00 24,294,118.00
A-5 157,018.32 157,018.32 0.00 0.00 26,000,000.00
A-6 136,382.75 136,382.75 0.00 0.00 22,583,041.00
A-7 352,321.34 397,752.72 0.00 0.00 58,293,968.00
A-8-1 113,655.52 113,655.52 0.00 0.00 0.00
A-8-2 19,381.06 19,381.06 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,025.63 70,023.76 0.00 0.00 10,262,564.27
M-2 26,582.75 30,010.56 0.00 0.00 4,398,298.05
M-3 26,582.17 30,009.91 0.00 0.00 4,398,199.67
B-1 9,754.13 11,011.91 0.00 0.00 1,613,887.90
B-2 4,436.51 5,008.59 0.00 0.00 734,051.27
B-3 7,637.74 8,622.62 0.00 0.00 1,263,716.60
- -------------------------------------------------------------------------------
1,208,193.22 5,689,539.00 0.00 0.00 173,549,291.51
===============================================================================
Run: 09/28/99 08:06:40
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
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-2 337.897904 24.649055 2.533186 27.182241 0.000000 313.248849
A-3 263.510783 61.536316 1.536510 63.072826 0.000000 201.974467
A-4 1000.000000 0.000000 5.726796 5.726796 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039166 6.039166 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039167 6.039167 0.000000 1000.000000
A-7 983.489204 0.765885 5.939455 6.705340 0.000000 982.723319
A-8-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 984.373792 0.766574 5.944797 6.711371 0.000000 983.607218
M-2 984.373795 0.766573 5.944796 6.711369 0.000000 983.607221
M-3 984.373792 0.766575 5.944799 6.711374 0.000000 983.607217
B-1 985.085192 0.767126 5.949091 6.716217 0.000000 984.318065
B-2 985.806965 0.767687 5.953449 6.721136 0.000000 985.039278
B-3 942.708854 0.734130 5.693174 6.427304 0.000000 941.974722
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:41 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12 (POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4270
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 36,546.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,564.43
MASTER SERVICER ADVANCES THIS MONTH 799.25
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 2,241,547.40
(B) TWO MONTHLY PAYMENTS: 3 179,981.20
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,012,714.74
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,837,960.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 173,549,291.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,762
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 102,544.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,342,705.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.25590910 % 10.71383900 % 2.03025200 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.93701510 % 10.98193016 % 2.08105470 %
BANKRUPTCY AMOUNT AVAILABLE 175,592.00
FRAUD AMOUNT AVAILABLE 5,962,080.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,981,040.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.47903304
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.68
POOL TRADING FACTOR: 58.21769930
................................................................................
Run: 09/28/99 08:05:32 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3(POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3359
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 25,117,531.34 6,181,753.36 7.792387 % 798,623.84
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 6,181,753.36 798,623.84
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 39,194.60 837,818.44 0.00 0.00 5,383,129.52
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
39,194.60 837,818.44 0.00 0.00 5,383,129.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 246.113094 31.795475 1.560448 33.355923 0.000000 214.317619
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:05:32 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3 (POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3359
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,871.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 278.51
SUBSERVICER ADVANCES THIS MONTH 461.50
MASTER SERVICER ADVANCES THIS MONTH 314.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 1 61,939.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 5,383,129.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 46
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 44,119.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 793,564.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.10299321
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.78
POOL TRADING FACTOR: 21.43176193
................................................................................
Run: 09/28/99 08:06:42 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13(POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4277
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNS8 31,499,000.00 15,605,667.93 7.250000 % 462,553.75
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 29,907,443.20 7.250000 % 1,211,920.71
A-4 76110FNV1 6,745,000.00 6,745,000.00 7.250000 % 0.00
A-5 76110FNW9 4,235,415.00 4,235,415.00 7.250000 % 0.00
A-6 76110FNX7 10,499,000.00 10,499,000.00 7.250000 % 0.00
A-7 76110fNY5 62,999,000.00 61,889,199.26 7.250000 % 52,290.81
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 41,534,193.63 7.000000 % 1,231,078.16
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 61,558,685.42 0.000000 % 1,126,561.61
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 3.855000 % 0.00
A-14 76110FPF4 0.00 0.00 10.645000 % 0.00
A-15 76110FPG2 26,249,000.00 13,004,640.68 7.000000 % 385,459.01
A-16 76110FPH0 2,386,273.00 1,182,240.21 10.000000 % 35,041.73
A-17 76110FPJ6 139,012.74 130,283.16 0.000000 % 2,823.31
A-18-1 0.00 0.00 0.913951 % 0.00
A-18-2 0.00 0.00 0.625843 % 0.00
R-I 76110FPL1 100.00 0.00 7.250000 % 0.00
R-II 76110FPM9 100.00 0.00 7.250000 % 0.00
M-1 76110FPN7 16,267,000.00 15,995,964.22 7.250000 % 12,473.91
M-2 76110FPP2 5,422,000.00 5,331,660.28 7.250000 % 4,157.71
M-3 76110FPQ0 6,507,000.00 6,398,582.36 7.250000 % 4,989.72
B-1 76110FPR8 2,386,000.00 2,346,245.20 7.250000 % 1,829.64
B-2 76110FPS6 1,085,000.00 1,066,922.07 7.250000 % 832.00
B-3 76110FPT4 1,952,210.06 1,843,247.92 7.250000 % 1,437.37
- -------------------------------------------------------------------------------
433,792,422.80 279,274,390.54 4,533,449.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 94,254.02 556,807.77 0.00 0.00 15,143,114.18
A-2 0.00 0.00 0.00 0.00 0.00
A-3 180,632.88 1,392,553.59 0.00 0.00 28,695,522.49
A-4 40,737.98 40,737.98 0.00 0.00 6,745,000.00
A-5 25,580.77 25,580.77 0.00 0.00 4,235,415.00
A-6 63,411.13 63,411.13 0.00 0.00 10,499,000.00
A-7 373,794.04 426,084.85 0.00 0.00 61,836,908.45
A-8 0.00 0.00 0.00 0.00 0.00
A-9 242,205.13 1,473,283.29 0.00 0.00 40,303,115.47
A-10 8,650.19 8,650.19 0.00 0.00 0.00
A-11 0.00 1,126,561.61 0.00 0.00 60,432,123.81
A-12 185,898.92 185,898.92 0.00 0.00 0.00
A-13 49,423.47 49,423.47 0.00 0.00 0.00
A-14 136,475.45 136,475.45 0.00 0.00 0.00
A-15 75,836.08 461,295.09 0.00 0.00 12,619,181.67
A-16 9,848.84 44,890.57 0.00 0.00 1,147,198.48
A-17 0.00 2,823.31 0.00 0.00 127,459.85
A-18-1 163,260.37 163,260.37 0.00 0.00 0.00
A-18-2 33,809.69 33,809.69 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 96,611.30 109,085.21 0.00 0.00 15,983,490.31
M-2 32,201.78 36,359.49 0.00 0.00 5,327,502.57
M-3 38,645.71 43,635.43 0.00 0.00 6,393,592.64
B-1 14,170.69 16,000.33 0.00 0.00 2,344,415.56
B-2 6,443.92 7,275.92 0.00 0.00 1,066,090.07
B-3 11,132.72 12,570.09 0.00 0.00 1,815,563.92
- -------------------------------------------------------------------------------
1,883,025.08 6,416,474.52 0.00 0.00 274,714,694.47
===============================================================================
Run: 09/28/99 08:06:42
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13(POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4277
_______________________________________________________________________________
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 495.433758 14.684712 2.992286 17.676998 0.000000 480.749045
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 733.043535 29.704667 4.427385 34.132052 0.000000 703.338868
A-4 1000.000000 0.000000 6.039730 6.039730 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039732 6.039732 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039730 6.039730 0.000000 1000.000000
A-7 982.383836 0.830026 5.933333 6.763359 0.000000 981.553810
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 607.767068 18.014284 3.544171 21.558455 0.000000 589.752784
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 615.351101 11.261302 0.000000 11.261302 0.000000 604.089799
A-12 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-13 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-14 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-15 495.433757 14.684712 2.889104 17.573816 0.000000 480.749045
A-16 495.433762 14.684712 4.127290 18.812002 0.000000 480.749050
A-17 937.203022 20.309721 0.000000 20.309721 0.000000 916.893301
A-18-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-18-2 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
M-1 983.338306 0.766823 5.939098 6.705921 0.000000 982.571483
M-2 983.338303 0.766822 5.939096 6.705918 0.000000 982.571481
M-3 983.338306 0.766823 5.939098 6.705921 0.000000 982.571483
B-1 983.338307 0.766823 5.939099 6.705922 0.000000 982.571484
B-2 983.338313 0.766820 5.939097 6.705917 0.000000 982.571493
B-3 944.185238 0.736278 5.702624 6.438902 0.000000 930.004389
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:42 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13 (POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4277
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 57,830.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 48,113.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 4,324,506.69
(B) TWO MONTHLY PAYMENTS: 6 788,763.84
(C) THREE OR MORE MONTHLY PAYMENTS: 10 781,548.88
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 420,311.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 274,714,694.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,567
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 4,297,478.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.18437460 % 9.93257800 % 1.88304720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.00721560 % 10.08485752 % 1.90324560 %
BANKRUPTCY AMOUNT AVAILABLE 262,848.00
FRAUD AMOUNT AVAILABLE 7,065,187.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,532,593.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.37271712
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.28
POOL TRADING FACTOR: 63.32860604
................................................................................
Run: 09/28/99 08:06:43 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1(POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4281
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FPU1 64,326,000.00 11,144,944.69 7.000000 % 2,029,914.93
A-2 76110FPV9 117,395,000.00 59,215,443.88 7.000000 % 2,220,707.15
A-3 76110FPW7 51,380,000.00 51,380,000.00 7.000000 % 0.00
A-4 76110FPX5 1,862,000.00 1,862,000.00 7.000000 % 0.00
A-5 76110FPY3 65,040,000.00 65,040,000.00 7.000000 % 0.00
A-6-1 0.00 0.00 1.123284 % 0.00
A-6-2 0.00 0.00 0.929097 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,190,915.42 7.000000 % 8,929.49
M-2 76110FQD8 4,054,000.00 3,996,649.91 7.000000 % 0.00
M-3 76110FQE6 4,865,000.00 4,796,177.02 7.000000 % 0.00
B-1 76110FQF3 1,783,800.00 1,758,565.38 7.000000 % 0.00
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 0.00
B-3 76110FQH9 1,459,579.11 1,420,058.92 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 212,604,085.20 4,259,551.57
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 64,959.85 2,094,874.78 0.00 0.00 9,115,029.76
A-2 345,145.37 2,565,852.52 0.00 0.00 56,994,736.73
A-3 299,475.41 299,475.41 0.00 0.00 51,380,000.00
A-4 10,852.93 10,852.93 0.00 0.00 1,862,000.00
A-5 379,094.60 379,094.60 0.00 0.00 65,040,000.00
A-6-1 154,478.32 154,478.32 0.00 0.00 0.00
A-6-2 36,702.69 36,702.69 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 114,455.26 123,384.75 0.00 0.00 11,181,985.93
M-2 35,398.90 35,398.90 0.00 0.00 3,996,649.91
M-3 0.00 0.00 0.00 0.00 4,796,177.02
B-1 0.00 0.00 0.00 0.00 1,758,565.38
B-2 0.00 0.00 0.00 0.00 799,329.98
B-3 0.00 0.00 0.00 0.00 1,409,868.81
- -------------------------------------------------------------------------------
1,440,563.33 5,700,114.90 0.00 0.00 208,334,343.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 173.257232 31.556679 1.009854 32.566533 0.000000 141.700553
A-2 504.411976 18.916539 2.940035 21.856574 0.000000 485.495436
A-3 1000.000000 0.000000 5.828638 5.828638 0.000000 1000.000000
A-4 1000.000000 0.000000 5.828641 5.828641 0.000000 1000.000000
A-5 1000.000000 0.000000 5.828638 5.828638 0.000000 1000.000000
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 985.853448 0.786635 10.082831 10.869466 0.000000 985.066813
M-2 985.853456 0.000000 8.731845 8.731845 0.000000 985.853456
M-3 985.853447 0.000000 0.000000 0.000000 0.000000 985.853447
B-1 985.853448 0.000000 0.000000 0.000000 0.000000 985.853448
B-2 985.853453 0.000000 0.000000 0.000000 0.000000 985.853453
B-3 972.923571 0.000000 0.000000 0.000000 0.000000 965.942031
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:43 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1 (POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4281
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,762.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 52,378.49
MASTER SERVICER ADVANCES THIS MONTH 2,096.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 3,302,763.00
(B) TWO MONTHLY PAYMENTS: 8 801,561.27
(C) THREE OR MORE MONTHLY PAYMENTS: 14 2,131,276.73
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 568,865.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 208,334,343.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,940
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 286,950.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,100,099.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.72942790 % 9.39951000 % 1.87106200 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.50761880 % 9.58786368 % 1.90451760 %
BANKRUPTCY AMOUNT AVAILABLE 217,609.00
FRAUD AMOUNT AVAILABLE 2,610,096.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,096.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.35884351
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.35
POOL TRADING FACTOR: 64.23573833
................................................................................
Run: 09/28/99 08:06:44 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQJ5 20,000,000.00 8,538,794.82 6.750000 % 488,620.19
A-2 76110FQK2 158,282,400.00 67,577,046.83 6.500000 % 3,866,998.79
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 21,039,971.34 5.938750 % 760,942.88
A-5 76110FQN6 0.00 0.00 3.087025 % 0.00
A-6 76110FQP1 13,504,750.00 7,244,639.73 5.838750 % 266,884.35
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 130,882.95 0.000000 % 164.55
A-9-1 0.00 0.00 1.053855 % 0.00
A-9-2 0.00 0.00 0.734544 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 17,116,615.48 7.000000 % 13,235.79
M-2 76110FQW6 5,422,000.00 5,348,819.03 7.000000 % 4,136.09
M-3 76110FQX4 5,422,000.00 5,348,819.03 7.000000 % 4,136.09
B-1 76110FQY2 2,385,700.00 2,353,500.11 7.000000 % 1,819.89
B-2 76110FQZ9 1,084,400.00 1,069,763.83 7.000000 % 827.22
B-3 76110FRA3 1,952,351.82 1,871,355.51 7.000000 % 1,447.07
- -------------------------------------------------------------------------------
433,770,084.51 306,978,108.66 5,409,212.91
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 48,018.10 536,638.29 0.00 0.00 8,050,174.63
A-2 365,946.15 4,232,944.94 0.00 0.00 63,710,048.04
A-3 464,412.93 464,412.93 0.00 0.00 82,584,000.00
A-4 104,098.58 865,041.46 0.00 0.00 20,279,028.46
A-5 72,743.63 72,743.63 0.00 0.00 0.00
A-6 35,240.44 302,124.79 0.00 0.00 6,977,755.38
A-7 505,931.43 505,931.43 0.00 0.00 86,753,900.00
A-8 0.00 164.55 0.00 0.00 130,718.40
A-9-1 198,481.54 198,481.54 0.00 0.00 0.00
A-9-2 49,515.06 49,515.06 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 99,820.68 113,056.47 0.00 0.00 17,103,379.69
M-2 31,193.24 35,329.33 0.00 0.00 5,344,682.94
M-3 31,193.24 35,329.33 0.00 0.00 5,344,682.94
B-1 13,725.14 15,545.03 0.00 0.00 2,351,680.22
B-2 6,238.65 7,065.87 0.00 0.00 1,068,936.61
B-3 10,913.37 12,360.44 0.00 0.00 1,869,908.44
- -------------------------------------------------------------------------------
2,037,472.18 7,446,685.09 0.00 0.00 301,568,895.75
===============================================================================
Run: 09/28/99 08:06:44
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 426.939741 24.431009 2.400905 26.831914 0.000000 402.508732
A-2 426.939741 24.431009 2.311983 26.742992 0.000000 402.508732
A-3 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-4 541.028375 19.567122 2.676823 22.243945 0.000000 521.461253
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 536.451229 19.762257 2.609485 22.371742 0.000000 516.688971
A-7 1000.000000 0.000000 5.831800 5.831800 0.000000 1000.000000
A-8 943.418238 1.186094 0.000000 1.186094 0.000000 942.232144
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 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
M-1 986.502955 0.762835 5.753088 6.515923 0.000000 985.740121
M-2 986.502956 0.762835 5.753087 6.515922 0.000000 985.740122
M-3 986.502956 0.762835 5.753087 6.515922 0.000000 985.740122
B-1 986.502959 0.762833 5.753087 6.515920 0.000000 985.740127
B-2 986.502979 0.762837 5.753089 6.515926 0.000000 985.740142
B-3 958.513466 0.741193 5.589858 6.331051 0.000000 957.772273
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:45 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2 (POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4284
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 63,287.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 69,311.41
MASTER SERVICER ADVANCES THIS MONTH 3,725.42
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,238,443.43
(B) TWO MONTHLY PAYMENTS: 10 880,397.96
(C) THREE OR MORE MONTHLY PAYMENTS: 12 956,934.05
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 2,134,610.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 301,568,895.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,707
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 487,904.73
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,171,778.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.20998130 % 9.06452800 % 1.72549040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.02485710 % 9.21605177 % 1.75509460 %
BANKRUPTCY AMOUNT AVAILABLE 2,037,626.00
FRAUD AMOUNT AVAILABLE 3,609,315.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,609,315.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.24569009
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.19
POOL TRADING FACTOR: 69.52275100
................................................................................
Run: 09/28/99 08:07:17 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3(POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4285
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FRB1 115,517,963.00 87,896,870.00 6.500000 % 1,185,964.18
A-2 76110FRC9 34,880,737.00 20,013,561.15 6.500000 % 431,279.35
A-3-1 0.00 0.00 1.241834 % 0.00
A-3-2 0.00 0.00 1.004417 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,698,048.00 6.500000 % 13,857.35
M-2 76110FRG0 785,100.00 739,327.12 6.500000 % 2,770.41
M-3 76110FRH8 707,000.00 665,780.49 6.500000 % 2,494.82
B-1 76110FRJ4 471,200.00 443,728.08 6.500000 % 1,662.74
B-2 76110FRK1 314,000.00 295,693.18 6.500000 % 1,108.02
B-3 76110FRL9 471,435.62 409,046.63 6.500000 % 1,532.78
- -------------------------------------------------------------------------------
157,074,535.62 114,162,054.65 1,640,669.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 475,754.71 1,661,718.89 0.00 0.00 86,710,905.82
A-2 108,326.34 539,605.69 0.00 0.00 19,582,281.80
A-3-1 93,771.53 93,771.53 0.00 0.00 0.00
A-3-2 19,640.27 19,640.27 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,016.22 33,873.57 0.00 0.00 3,684,190.65
M-2 4,001.72 6,772.13 0.00 0.00 736,556.71
M-3 3,603.63 6,098.45 0.00 0.00 663,285.67
B-1 2,401.75 4,064.49 0.00 0.00 442,065.34
B-2 1,600.48 2,708.50 0.00 0.00 294,585.16
B-3 2,214.03 3,746.81 0.00 0.00 407,513.85
- -------------------------------------------------------------------------------
731,330.68 2,372,000.33 0.00 0.00 112,521,385.00
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 760.893524 10.266491 4.118448 14.384939 0.000000 750.627033
A-2 573.771166 12.364399 3.105621 15.470020 0.000000 561.406767
A-3-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 941.697988 3.528737 5.097077 8.625814 0.000000 938.169251
M-2 941.698026 3.528735 5.097083 8.625818 0.000000 938.169291
M-3 941.698006 3.528741 5.097072 8.625813 0.000000 938.169265
B-1 941.697963 3.528735 5.097093 8.625828 0.000000 938.169228
B-2 941.698025 3.528726 5.097070 8.625796 0.000000 938.169299
B-3 867.661697 3.251303 4.696357 7.947660 0.000000 864.410394
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:17 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,767.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,395.23
SUBSERVICER ADVANCES THIS MONTH 13,678.06
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,174,730.54
(B) TWO MONTHLY PAYMENTS: 2 129,294.15
(C) THREE OR MORE MONTHLY PAYMENTS: 1 48,755.20
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 112,521,385.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,286
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 1,212,880.91
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.52390420 % 4.47009800 % 1.00599790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.46487670 % 4.51828160 % 1.01684170 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.97258000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.82
POOL TRADING FACTOR: 71.63566300
................................................................................
Run: 09/28/99 08:07:17 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4(POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4290
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FRM7 135,006,400.00 68,091,752.08 6.500000 % 2,424,358.88
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 24,489,493.00 5.838750 % 606,089.72
A-I-4 76110FRQ8 0.00 0.00 3.161250 % 0.00
A-I-5 76110FRR6 64,868,000.00 64,868,000.00 7.000000 % 0.00
A-II 76110FRS4 75,203,000.00 57,126,022.69 7.000000 % 902,647.24
A-V-1 0.00 0.00 0.888778 % 0.00
A-V-2 0.00 0.00 0.635331 % 0.00
R-I 76110FRV7 100.00 0.00 7.000000 % 0.00
R-II 76110FRW5 100.00 0.00 7.000000 % 0.00
M-1 76110FRX3 14,190,000.00 13,998,693.43 7.000000 % 10,978.61
M-2 76110FRY1 5,067,800.00 4,999,476.99 7.000000 % 3,920.89
M-3 76110FRZ8 5,067,800.00 4,999,476.99 7.000000 % 3,920.89
B-1 76110FSA2 2,230,000.00 2,199,935.59 7.000000 % 1,725.32
B-2 76110FSB0 1,216,400.00 1,200,000.75 7.000000 % 941.11
B-3 76110FSC8 1,621,792.30 1,590,424.46 7.000000 % 1,247.31
- -------------------------------------------------------------------------------
405,421,992.30 303,295,720.98 3,955,829.97
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 368,580.06 2,792,938.94 0.00 0.00 65,667,393.20
A-I-2 335,767.02 335,767.02 0.00 0.00 59,732,445.00
A-I-3 119,075.84 725,165.56 0.00 0.00 23,883,403.28
A-I-4 64,470.74 64,470.74 0.00 0.00 0.00
A-I-5 378,139.92 378,139.92 0.00 0.00 64,868,000.00
A-II 333,161.45 1,235,808.69 0.00 0.00 56,223,375.45
A-V-1 179,517.95 179,517.95 0.00 0.00 0.00
A-V-2 32,146.92 32,146.92 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 81,603.87 92,582.48 0.00 0.00 13,987,714.82
M-2 29,143.91 33,064.80 0.00 0.00 4,995,556.10
M-3 29,143.91 33,064.80 0.00 0.00 4,995,556.10
B-1 12,824.29 14,549.61 0.00 0.00 2,198,210.27
B-2 6,995.27 7,936.38 0.00 0.00 1,199,059.64
B-3 9,271.21 10,518.52 0.00 0.00 1,589,177.16
- -------------------------------------------------------------------------------
1,979,842.36 5,935,672.33 0.00 0.00 299,339,891.02
===============================================================================
Run: 09/28/99 08:07:17
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4(POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4290
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 504.359438 17.957363 2.730093 20.687456 0.000000 486.402076
A-I-2 1000.000000 0.000000 5.621183 5.621183 0.000000 1000.000000
A-I-3 594.143357 14.704436 2.888917 17.593353 0.000000 579.438922
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.829375 5.829375 0.000000 1000.000000
A-II 759.624253 12.002809 4.430162 16.432971 0.000000 747.621444
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 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
M-1 986.518212 0.773686 5.750801 6.524487 0.000000 985.744526
M-2 986.518211 0.773687 5.750801 6.524488 0.000000 985.744524
M-3 986.518211 0.773687 5.750801 6.524488 0.000000 985.744524
B-1 986.518202 0.773686 5.750802 6.524488 0.000000 985.744516
B-2 986.518209 0.773685 5.750797 6.524482 0.000000 985.744525
B-3 980.658534 0.769094 5.716645 6.485739 0.000000 979.889447
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4 (POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4290
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 62,544.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,625.36
SUBSERVICER ADVANCES THIS MONTH 59,253.04
MASTER SERVICER ADVANCES THIS MONTH 7,348.35
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 5,012,293.76
(B) TWO MONTHLY PAYMENTS: 10 1,497,146.23
(C) THREE OR MORE MONTHLY PAYMENTS: 6 729,267.37
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 827,806.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 299,339,891.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,676
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 950,438.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,718,026.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.44232870 % 7.91229300 % 1.64537790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.32361710 % 8.01056850 % 1.66581440 %
BANKRUPTCY AMOUNT AVAILABLE 230,361.00
FRAUD AMOUNT AVAILABLE 8,108,440.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,054,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.16946600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.91
POOL TRADING FACTOR: 73.83415224
................................................................................
Run: 09/28/99 08:06:47 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5(POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4299
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FSD6 151,551,000.00 78,321,965.61 6.750000 % 2,209,186.63
A-2 76110FSE4 75,936,500.00 74,926,650.71 6.750000 % 1,189,562.03
A-3 76110FSF1 17,485,800.00 17,485,800.00 6.750000 % 0.00
A-4 76110FSG9 13,164,700.00 13,164,700.00 6.750000 % 0.00
A-5 76110FSH7 67,790,000.00 67,790,000.00 6.750000 % 0.00
A-6-1 0.00 0.00 1.061385 % 0.00
A-6-2 0.00 0.00 0.862435 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,487,783.32 6.750000 % 9,804.76
M-2 76110FSM6 4,216,900.00 4,162,594.44 6.750000 % 3,268.25
M-3 76110FSN4 4,392,600.00 4,336,031.75 6.750000 % 3,404.43
B-1 76110FSP9 1,757,100.00 1,734,471.93 6.750000 % 1,361.82
B-2 76110FSQ7 1,054,300.00 1,040,722.65 6.750000 % 817.12
B-3 76110FSR5 1,405,623.28 1,387,521.56 6.750000 % 1,089.41
- -------------------------------------------------------------------------------
351,405,323.28 276,838,241.97 3,418,494.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 440,338.42 2,649,525.05 0.00 0.00 76,112,778.98
A-2 421,249.42 1,610,811.45 0.00 0.00 73,737,088.68
A-3 98,307.92 98,307.92 0.00 0.00 17,485,800.00
A-4 74,014.02 74,014.02 0.00 0.00 13,164,700.00
A-5 381,126.05 381,126.05 0.00 0.00 67,790,000.00
A-6-1 186,662.76 186,662.76 0.00 0.00 0.00
A-6-2 47,188.02 47,188.02 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,208.28 80,013.04 0.00 0.00 12,477,978.56
M-2 23,402.76 26,671.01 0.00 0.00 4,159,326.19
M-3 24,377.85 27,782.28 0.00 0.00 4,332,627.32
B-1 9,751.47 11,113.29 0.00 0.00 1,733,110.11
B-2 5,851.10 6,668.22 0.00 0.00 1,039,905.53
B-3 7,800.87 8,890.28 0.00 0.00 1,386,432.15
- -------------------------------------------------------------------------------
1,790,278.94 5,208,773.39 0.00 0.00 273,419,747.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 516.802698 14.577183 2.905546 17.482729 0.000000 502.225515
A-2 986.701398 15.665221 5.547391 21.212612 0.000000 971.036177
A-3 1000.000000 0.000000 5.622157 5.622157 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622158 5.622158 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622157 5.622157 0.000000 1000.000000
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.121924 0.775037 5.549755 6.324792 0.000000 986.346887
M-2 987.121924 0.775036 5.549755 6.324791 0.000000 986.346888
M-3 987.121921 0.775038 5.549754 6.324792 0.000000 986.346883
B-1 987.121922 0.775038 5.549752 6.324790 0.000000 986.346884
B-2 987.121929 0.775036 5.549749 6.324785 0.000000 986.346894
B-3 987.121926 0.775037 5.549759 6.324796 0.000000 986.346891
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:47 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5 (POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4299
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 57,307.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,319.79
SUBSERVICER ADVANCES THIS MONTH 51,955.14
MASTER SERVICER ADVANCES THIS MONTH 1,465.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,583,155.48
(B) TWO MONTHLY PAYMENTS: 5 744,033.16
(C) THREE OR MORE MONTHLY PAYMENTS: 5 674,290.08
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,019,902.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 273,419,747.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,291
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 190,509.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,201,135.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.91558830 % 7.58074800 % 1.50366370 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.80923010 % 7.66950166 % 1.52126820 %
BANKRUPTCY AMOUNT AVAILABLE 184,749.00
FRAUD AMOUNT AVAILABLE 2,914,047.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,914,047.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.09187795
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.04
POOL TRADING FACTOR: 77.80751440
................................................................................
Run: 09/28/99 08:07:18 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FSS3 20,174,375.00 15,719,773.79 6.750000 % 265,457.30
CB-2 76110FST1 39,313,092.00 39,313,092.00 6.750000 % 0.00
CB-3 76110FSU8 13,813,906.00 13,813,906.00 6.750000 % 0.00
CB-4 76110FSV6 16,300,000.00 7,747,165.66 6.750000 % 509,678.02
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 100,080,739.56 6.750000 % 2,170,285.99
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 51,287,681.10 6.750000 % 1,354,290.83
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 6,767,955.97 6.750000 % 150,381.52
A-P 76110FTE3 57,464.36 52,923.21 0.000000 % 59.32
A-V-1 0.00 0.00 1.009288 % 0.00
A-V-2 0.00 0.00 0.749927 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,906,230.99 6.750000 % 10,145.51
M-2 76110FTH6 5,029,000.00 4,963,897.04 6.750000 % 3,902.09
M-3 76110FTJ2 4,224,500.00 4,169,811.70 6.750000 % 3,277.86
B-1 76110FTK9 2,011,600.00 1,985,558.82 6.750000 % 1,560.84
B-2 76110FTL7 1,207,000.00 1,191,374.77 6.750000 % 936.53
B-3 76110FTM5 1,609,449.28 1,588,614.12 6.750000 % 1,248.80
- -------------------------------------------------------------------------------
402,311,611.64 320,189,849.73 4,471,224.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 88,377.21 353,834.51 0.00 0.00 15,454,316.49
CB-2 221,019.79 221,019.79 0.00 0.00 39,313,092.00
CB-3 77,662.34 77,662.34 0.00 0.00 13,813,906.00
CB-4 43,554.88 553,232.90 0.00 0.00 7,237,487.64
CB-5 115,251.83 115,251.83 0.00 0.00 20,500,000.00
CB-6 562,657.97 2,732,943.96 0.00 0.00 97,910,453.57
CB-7 159,883.11 159,883.11 0.00 0.00 28,438,625.00
NB-1 288,237.95 1,642,528.78 0.00 0.00 49,933,390.27
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,303.47 54,303.47 0.00 0.00 9,662,500.00
NB-4 38,036.07 188,417.59 0.00 0.00 6,617,574.45
A-P 0.00 59.32 0.00 0.00 52,863.89
A-V-1 208,691.16 208,691.16 0.00 0.00 0.00
A-V-2 44,927.20 44,927.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,546.60 82,692.11 0.00 0.00 12,896,085.48
M-2 27,902.32 31,804.41 0.00 0.00 4,959,994.95
M-3 23,438.73 26,716.59 0.00 0.00 4,166,533.84
B-1 11,160.93 12,721.77 0.00 0.00 1,983,997.98
B-2 6,696.78 7,633.31 0.00 0.00 1,190,438.24
B-3 8,929.68 10,178.48 0.00 0.00 1,587,365.34
- -------------------------------------------------------------------------------
2,053,278.02 6,524,502.63 0.00 0.00 315,718,625.14
===============================================================================
Run: 09/28/99 08:07:18
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 779.195082 13.158143 4.380667 17.538810 0.000000 766.036940
CB-2 1000.000000 0.000000 5.622040 5.622040 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622041 5.622041 0.000000 1000.000000
CB-4 475.286237 31.268590 2.672079 33.940669 0.000000 444.017647
CB-5 1000.000000 0.000000 5.622040 5.622040 0.000000 1000.000000
CB-6 733.192231 15.899531 4.122036 20.021567 0.000000 717.292700
CB-7 1000.000000 0.000000 5.622041 5.622041 0.000000 1000.000000
NB-1 675.722572 17.842976 3.797576 21.640552 0.000000 657.879596
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.620023 5.620023 0.000000 1000.000000
NB-4 676.795597 15.038152 3.803607 18.841759 0.000000 661.757445
A-P 920.974496 1.032225 0.000000 1.032225 0.000000 919.942271
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.054490 0.775918 5.548285 6.324203 0.000000 986.278573
M-2 987.054492 0.775918 5.548284 6.324202 0.000000 986.278574
M-3 987.054492 0.775917 5.548285 6.324202 0.000000 986.278575
B-1 987.054494 0.775920 5.548285 6.324205 0.000000 986.278574
B-2 987.054490 0.775915 5.548285 6.324200 0.000000 986.278575
B-3 987.054479 0.775918 5.548283 6.324201 0.000000 986.278573
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 66,367.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,479.60
SUBSERVICER ADVANCES THIS MONTH 57,129.01
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 5,857,507.06
(B) TWO MONTHLY PAYMENTS: 6 726,879.61
(C) THREE OR MORE MONTHLY PAYMENTS: 4 971,856.52
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 355,932.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 315,718,625.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,583
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 4,219,475.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.62686800 % 6.88339700 % 1.48835070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.51494420 % 6.97539281 % 1.50849480 %
BANKRUPTCY AMOUNT AVAILABLE 182,918.00
FRAUD AMOUNT AVAILABLE 8,046,232.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,023,116.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02912600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.79
POOL TRADING FACTOR: 78.47614039
................................................................................
Run: 09/28/99 08:07:18 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FTZ6 172,668,000.00 126,837,410.34 6.750000 % 2,930,152.66
CB-2 76110FUA9 35,551,000.00 35,551,000.00 6.750000 % 0.00
CB-3 76110FUB7 44,215,000.00 44,215,000.00 6.750000 % 0.00
NB-1 76110FUC5 32,242,000.00 25,624,549.69 6.750000 % 911,828.45
NB-2 76110FUD3 77,840,000.00 48,425,255.17 6.750000 % 435,523.79
NB-3 76110FUE1 3,780,000.00 0.00 6.750000 % 0.00
NB-4 76110FUF1 13,684,000.00 13,684,000.00 6.750000 % 0.00
A-P 76110FUF8 73,404.89 69,490.38 0.000000 % 745.31
A-V 76110FUG6 0.00 0.00 0.941377 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,107,119.47 6.750000 % 10,154.01
M-2 76110FUK5 5,094,600.00 5,041,222.63 6.750000 % 3,905.41
M-3 76110FUM3 4,279,400.00 4,234,563.67 6.750000 % 3,280.49
B-1 76110FUN1 2,037,800.00 2,016,449.48 6.750000 % 1,562.13
B-2 76110FUP6 1,222,600.00 1,209,790.52 6.750000 % 937.22
B-3 76110FUQ4 1,631,527.35 1,614,433.46 6.750000 % 1,250.69
- -------------------------------------------------------------------------------
407,565,332.24 321,630,284.81 4,299,340.16
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 713,095.39 3,643,248.05 0.00 0.00 123,907,257.68
CB-2 199,872.06 199,872.06 0.00 0.00 35,551,000.00
CB-3 248,582.13 248,582.13 0.00 0.00 44,215,000.00
NB-1 144,120.45 1,055,948.90 0.00 0.00 24,712,721.24
NB-2 272,358.72 707,882.51 0.00 0.00 47,989,731.38
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,963.08 76,963.08 0.00 0.00 13,684,000.00
A-P 0.00 745.31 0.00 0.00 68,745.07
A-V 252,213.29 252,213.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,695.20 83,849.21 0.00 0.00 13,096,965.46
M-2 28,344.44 32,249.85 0.00 0.00 5,037,317.22
M-3 23,808.97 27,089.46 0.00 0.00 4,231,283.18
B-1 11,337.55 12,899.68 0.00 0.00 2,014,887.35
B-2 6,802.08 7,739.30 0.00 0.00 1,208,853.30
B-3 9,077.21 10,327.90 0.00 0.00 1,613,182.78
- -------------------------------------------------------------------------------
2,060,270.57 6,359,610.73 0.00 0.00 317,330,944.66
===============================================================================
Run: 09/28/99 08:07:18
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 734.573924 16.969865 4.129864 21.099729 0.000000 717.604059
CB-2 1000.000000 0.000000 5.622122 5.622122 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622122 5.622122 0.000000 1000.000000
NB-1 794.756829 28.280766 4.469960 32.750726 0.000000 766.476063
NB-2 622.112733 5.595116 3.498956 9.094072 0.000000 616.517618
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624312 5.624312 0.000000 1000.000000
A-P 946.672354 10.153465 0.000000 10.153465 0.000000 936.518889
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 989.522756 0.766578 5.563623 6.330201 0.000000 988.756178
M-2 989.522755 0.766578 5.563624 6.330202 0.000000 988.756177
M-3 989.522753 0.766577 5.563623 6.330200 0.000000 988.756176
B-1 989.522760 0.766577 5.563623 6.330200 0.000000 988.756183
B-2 989.522755 0.766579 5.563619 6.330198 0.000000 988.756175
B-3 989.522768 0.766576 5.563627 6.330203 0.000000 988.756196
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 66,499.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,625.32
SUBSERVICER ADVANCES THIS MONTH 68,015.55
MASTER SERVICER ADVANCES THIS MONTH 2,521.71
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 6,190,350.53
(B) TWO MONTHLY PAYMENTS: 8 1,947,787.08
(C) THREE OR MORE MONTHLY PAYMENTS: 5 376,405.93
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 747,200.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 317,330,944.64
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,421
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 336,464.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,050,260.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.53392460 % 6.95920300 % 1.50504280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.42586500 % 7.04802549 % 1.52458230 %
BANKRUPTCY AMOUNT AVAILABLE 167,865.00
FRAUD AMOUNT AVAILABLE 8,151,307.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,075,653.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02008300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.19
POOL TRADING FACTOR: 77.86014156
................................................................................
Run: 09/28/99 08:07:18 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8(POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4306
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FTN3 124,454,000.00 104,214,842.17 6.500000 % 1,488,372.98
NB 76110FTP8 41,430,000.00 30,299,805.63 6.500000 % 662,105.08
A-P 76110FTQ6 63,383.01 60,024.40 0.000000 % 247.46
A-V 76110FTV5 0.00 0.00 0.932871 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,303,653.73 6.500000 % 15,479.64
M-2 76110FTT0 780,000.00 744,808.05 6.500000 % 2,678.97
M-3 76110FTU7 693,500.00 662,210.74 6.500000 % 2,381.88
B-1 76110FTW3 520,000.00 496,538.72 6.500000 % 1,785.98
B-2 76110FTX1 433,500.00 413,941.39 6.500000 % 1,488.89
B-3 76110FTY9 433,464.63 413,907.65 6.500000 % 1,488.77
- -------------------------------------------------------------------------------
173,314,947.64 141,609,732.48 2,176,029.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 563,981.78 2,052,354.76 0.00 0.00 102,726,469.19
NB 163,974.13 826,079.21 0.00 0.00 29,637,700.55
A-P 0.00 247.46 0.00 0.00 59,776.94
A-V 109,985.85 109,985.85 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,290.18 38,769.82 0.00 0.00 4,288,174.09
M-2 4,030.70 6,709.67 0.00 0.00 742,129.08
M-3 3,583.70 5,965.58 0.00 0.00 659,828.86
B-1 2,687.12 4,473.10 0.00 0.00 494,752.74
B-2 2,240.13 3,729.02 0.00 0.00 412,452.50
B-3 2,239.95 3,728.72 0.00 0.00 412,418.89
- -------------------------------------------------------------------------------
876,013.54 3,052,043.19 0.00 0.00 139,433,702.84
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 837.376397 11.959222 4.531648 16.490870 0.000000 825.417176
NB 731.349400 15.981296 3.957860 19.939156 0.000000 715.368104
A-P 947.010879 3.904238 0.000000 3.904238 0.000000 943.106641
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 954.882123 3.434577 5.167557 8.602134 0.000000 951.447546
M-2 954.882115 3.434577 5.167564 8.602141 0.000000 951.447539
M-3 954.882105 3.434578 5.167556 8.602134 0.000000 951.447527
B-1 954.882154 3.434577 5.167538 8.602115 0.000000 951.447577
B-2 954.882099 3.434579 5.167543 8.602122 0.000000 951.447520
B-3 954.882178 3.434582 5.167550 8.602132 0.000000 951.447624
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:19 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,270.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,847.16
SUBSERVICER ADVANCES THIS MONTH 11,205.95
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 614,840.58
(B) TWO MONTHLY PAYMENTS: 1 86,468.45
(C) THREE OR MORE MONTHLY PAYMENTS: 1 461,271.56
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 139,433,702.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,517
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 1,666,661.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.02997190 % 4.03268400 % 0.93523780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.97053980 % 4.08088713 % 0.94682280 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,733,149.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,733,149.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75777000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 158.71
POOL TRADING FACTOR: 80.45105442
................................................................................
Run: 09/28/99 08:06:48 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FUR2 25,000,000.00 17,914,266.66 6.750000 % 529,073.06
A-2 76110FUS0 29,011,000.00 3,938,274.16 6.750000 % 1,872,114.44
A-3 76110FUT8 12,434,000.00 12,434,000.00 6.750000 % 0.00
A-4 76110FUU5 17,404,000.00 17,404,000.00 6.750000 % 0.00
A-5 76110FUV3 7,831,000.00 7,831,000.00 6.750000 % 0.00
A-6 76110FUW1 13,853,000.00 13,853,000.00 6.750000 % 0.00
A-7 76110FUX9 14,886,000.00 14,886,000.00 6.750000 % 0.00
A-8 76110FUY7 8,409,000.00 8,409,000.00 6.750000 % 0.00
A-9 76110FUZ4 5,000,000.00 5,000,000.00 6.750000 % 0.00
A-10 76110FVA8 16,186,000.00 16,027,768.62 6.750000 % 12,099.68
A-11 76110FVB6 10,998.00 10,659.07 0.000000 % 11.25
A-12 76110FVC4 0.00 0.00 1.017949 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,779,812.14 6.750000 % 3,608.38
M-2 76110FVF7 2,011,300.00 1,991,637.89 6.750000 % 1,503.53
M-3 76110FVG5 2,011,300.00 1,991,637.89 6.750000 % 1,503.53
B-1 76110FVH3 884,900.00 876,249.39 6.750000 % 661.50
B-2 76110FVJ9 482,700.00 477,981.21 6.750000 % 360.84
B-3 76110FVK6 643,577.01 637,285.46 6.750000 % 481.08
- -------------------------------------------------------------------------------
160,885,875.01 128,462,572.49 2,421,417.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 100,741.26 629,814.32 0.00 0.00 17,385,193.60
A-2 22,146.97 1,894,261.41 0.00 0.00 2,066,159.72
A-3 69,922.87 69,922.87 0.00 0.00 12,434,000.00
A-4 97,871.77 97,871.77 0.00 0.00 17,404,000.00
A-5 44,037.80 44,037.80 0.00 0.00 7,831,000.00
A-6 77,902.65 77,902.65 0.00 0.00 13,853,000.00
A-7 83,711.74 83,711.74 0.00 0.00 14,886,000.00
A-8 47,288.20 47,288.20 0.00 0.00 8,409,000.00
A-9 28,117.61 28,117.61 0.00 0.00 5,000,000.00
A-10 90,132.50 102,232.18 0.00 0.00 16,015,668.94
A-11 0.00 11.25 0.00 0.00 10,647.82
A-12 108,945.02 108,945.02 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,879.37 30,487.75 0.00 0.00 4,776,203.76
M-2 11,200.02 12,703.55 0.00 0.00 1,990,134.36
M-3 11,200.02 12,703.55 0.00 0.00 1,990,134.36
B-1 4,927.60 5,589.10 0.00 0.00 875,587.89
B-2 2,687.93 3,048.77 0.00 0.00 477,620.37
B-3 3,583.79 4,064.87 0.00 0.00 636,804.38
- -------------------------------------------------------------------------------
831,297.12 3,252,714.41 0.00 0.00 126,041,155.20
===============================================================================
Run: 09/28/99 08:06:48
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 716.570666 21.162922 4.029650 25.192572 0.000000 695.407744
A-2 135.751065 64.531193 0.763399 65.294592 0.000000 71.219873
A-3 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623521 5.623521 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623522 5.623522 0.000000 1000.000000
A-10 990.224183 0.747540 5.568547 6.316087 0.000000 989.476643
A-11 969.182579 1.022913 0.000000 1.022913 0.000000 968.159665
A-12 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 990.224185 0.747541 5.568546 6.316087 0.000000 989.476644
M-2 990.224178 0.747541 5.568548 6.316089 0.000000 989.476637
M-3 990.224178 0.747541 5.568548 6.316089 0.000000 989.476637
B-1 990.224195 0.747542 5.568539 6.316081 0.000000 989.476653
B-2 990.224177 0.747545 5.568531 6.316076 0.000000 989.476631
B-3 990.224091 0.747541 5.568549 6.316090 0.000000 989.476582
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:49 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10 (POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4313
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,453.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 25,826.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 2,677,604.27
(B) TWO MONTHLY PAYMENTS: 3 458,622.28
(C) THREE OR MORE MONTHLY PAYMENTS: 2 410,808.03
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 126,041,155.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 981
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 2,324,435.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.62752530 % 6.82207700 % 1.55039810 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.47310810 % 6.94731214 % 1.57899280 %
BANKRUPTCY AMOUNT AVAILABLE 132,896.00
FRAUD AMOUNT AVAILABLE 3,217,718.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,608,859.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.09535123
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.20
POOL TRADING FACTOR: 78.34196457
................................................................................
Run: 09/28/99 08:06:49 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FVL4 99,000,000.00 27,702,811.56 6.750000 % 4,008,527.47
A-2 76110FVM2 43,000,000.00 43,000,000.00 6.750000 % 0.00
A-3 76110FVNO 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 6.138750 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 8.583401 % 0.00
A-10 76110FVU2 7,590,000.00 7,129,183.10 6.750000 % 33,119.78
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 76,941.90 0.000000 % 70.80
A-14 76110FVZ3 0.00 0.00 0.934267 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,644,495.22 6.750000 % 9,020.26
M-2 76110FWC3 5,349,900.00 5,292,853.45 6.750000 % 4,100.04
M-3 76110FWD1 5,349,900.00 5,292,853.45 6.750000 % 4,100.04
B-1 76110FWE9 2,354,000.00 2,328,899.06 6.750000 % 1,804.05
B-2 76110FWF6 1,284,000.00 1,270,308.56 6.750000 % 984.03
B-3 76110FWG4 1,712,259.01 1,694,000.95 6.750000 % 1,312.26
- -------------------------------------------------------------------------------
427,987,988.79 355,932,347.25 4,063,038.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 155,795.64 4,164,323.11 0.00 0.00 23,694,284.09
A-2 241,824.28 241,824.28 0.00 0.00 43,000,000.00
A-3 337,429.23 337,429.23 0.00 0.00 60,000,000.00
A-4 151,843.15 151,843.15 0.00 0.00 27,000,000.00
A-5 295,250.58 295,250.58 0.00 0.00 52,500,000.00
A-6 205,269.45 205,269.45 0.00 0.00 36,500,000.00
A-7 140,595.51 140,595.51 0.00 0.00 25,000,000.00
A-8 53,216.92 53,216.92 0.00 0.00 10,405,000.00
A-9 24,807.98 24,807.98 0.00 0.00 3,469,000.00
A-10 40,093.24 73,213.02 0.00 0.00 7,096,063.32
A-11 42,178.65 42,178.65 0.00 0.00 7,500,000.00
A-12 158,175.58 158,175.58 0.00 0.00 28,126,000.00
A-13 0.00 70.80 0.00 0.00 76,871.10
A-14 277,055.23 277,055.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,486.56 74,506.82 0.00 0.00 11,635,474.96
M-2 29,766.06 33,866.10 0.00 0.00 5,288,753.41
M-3 29,766.06 33,866.10 0.00 0.00 5,288,753.41
B-1 13,097.31 14,901.36 0.00 0.00 2,327,095.01
B-2 7,143.99 8,128.02 0.00 0.00 1,269,324.53
B-3 9,526.76 10,839.02 0.00 0.00 1,692,688.69
- -------------------------------------------------------------------------------
2,278,322.18 6,341,360.91 0.00 0.00 351,869,308.52
===============================================================================
Run: 09/28/99 08:06:49
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 279.826379 40.490176 1.573693 42.063869 0.000000 239.336203
A-2 1000.000000 0.000000 5.623820 5.623820 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623821 5.623821 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623820 5.623820 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623821 5.623821 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623821 5.623821 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623820 5.623820 0.000000 1000.000000
A-8 1000.000000 0.000000 5.114553 5.114553 0.000000 1000.000000
A-9 1000.000000 0.000000 7.151335 7.151335 0.000000 1000.000000
A-10 939.286311 4.363607 5.282377 9.645984 0.000000 934.922704
A-11 1000.000000 0.000000 5.623820 5.623820 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623821 5.623821 0.000000 1000.000000
A-13 988.592027 0.909678 0.000000 0.909678 0.000000 987.682350
A-14 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 989.336892 0.766377 5.563854 6.330231 0.000000 988.570515
M-2 989.336894 0.766377 5.563854 6.330231 0.000000 988.570517
M-3 989.336894 0.766377 5.563854 6.330231 0.000000 988.570517
B-1 989.336899 0.766376 5.563853 6.330229 0.000000 988.570523
B-2 989.336885 0.766379 5.563855 6.330234 0.000000 988.570506
B-3 989.336859 0.766379 5.563855 6.330234 0.000000 988.570468
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:49 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9 (POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4314
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 73,681.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,428.70
SUBSERVICER ADVANCES THIS MONTH 55,616.37
MASTER SERVICER ADVANCES THIS MONTH 1,106.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 5,574,187.90
(B) TWO MONTHLY PAYMENTS: 5 1,026,471.68
(C) THREE OR MORE MONTHLY PAYMENTS: 8 904,999.63
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 105,461.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 351,869,308.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,723
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 142,724.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,787,309.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.26556340 % 6.24697600 % 1.48746050 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.18229640 % 6.31285004 % 1.50347410 %
BANKRUPTCY AMOUNT AVAILABLE 182,125.00
FRAUD AMOUNT AVAILABLE 7,120,571.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,560,285.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01051398
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.70
POOL TRADING FACTOR: 82.21476250
................................................................................
Run: 09/28/99 08:06:51 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS11(POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4319
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FWH2 112,117,000.00 42,409,316.40 6.750000 % 5,005,506.98
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 5.979900 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 9.225765 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,937.68 0.000000 % 98.52
A-11 76110FWT6 0.00 0.00 0.883280 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,076,924.08 6.750000 % 10,129.25
M-2 76110FWW9 6,000,000.00 5,944,596.81 6.750000 % 4,604.62
M-3 76110FWX7 4,799,500.00 4,755,182.07 6.750000 % 3,683.32
B-1 76110FWY5 2,639,600.00 2,615,226.30 6.750000 % 2,025.73
B-2 76110FWZ2 1,439,500.00 1,426,207.85 6.750000 % 1,104.73
B-3 76110FXA6 1,919,815.88 1,902,088.58 6.750000 % 1,473.33
- -------------------------------------------------------------------------------
479,943,188.77 409,957,479.77 5,028,626.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 238,501.84 5,244,008.82 0.00 0.00 37,403,809.42
A-2 269,757.20 269,757.20 0.00 0.00 47,967,000.00
A-3 379,725.13 379,725.13 0.00 0.00 67,521,000.00
A-4 170,660.07 170,660.07 0.00 0.00 30,346,000.00
A-5 256,501.88 256,501.88 0.00 0.00 45,610,000.00
A-6 160,998.37 160,998.37 0.00 0.00 28,628,000.00
A-7 80,806.20 80,806.20 0.00 0.00 16,219,000.00
A-8 38,786.12 38,786.12 0.00 0.00 5,046,000.00
A-9 542,298.17 542,298.17 0.00 0.00 96,429,000.00
A-10 0.00 98.52 0.00 0.00 61,839.16
A-11 301,692.20 301,692.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,542.11 83,671.36 0.00 0.00 13,066,794.83
M-2 33,431.27 38,035.89 0.00 0.00 5,939,992.19
M-3 26,742.23 30,425.55 0.00 0.00 4,751,498.75
B-1 14,707.53 16,733.26 0.00 0.00 2,613,200.57
B-2 8,020.72 9,125.45 0.00 0.00 1,425,103.12
B-3 10,696.98 12,170.31 0.00 0.00 1,900,615.25
- -------------------------------------------------------------------------------
2,606,868.02 7,635,494.50 0.00 0.00 404,928,853.29
===============================================================================
Run: 09/28/99 08:06:51
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS11(POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4319
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 378.259465 44.645388 2.127258 46.772646 0.000000 333.614077
A-2 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-7 1000.000000 0.000000 4.982194 4.982194 0.000000 1000.000000
A-8 1000.000000 0.000000 7.686508 7.686508 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623808 5.623808 0.000000 1000.000000
A-10 985.125386 1.566971 0.000000 1.566971 0.000000 983.558414
A-11 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 990.766136 0.767437 5.571879 6.339316 0.000000 989.998699
M-2 990.766135 0.767437 5.571878 6.339315 0.000000 989.998698
M-3 990.766136 0.767438 5.571878 6.339316 0.000000 989.998698
B-1 990.766139 0.767438 5.571878 6.339316 0.000000 989.998701
B-2 990.766134 0.767440 5.571879 6.339319 0.000000 989.998694
B-3 990.766146 0.767433 5.571878 6.339311 0.000000 989.998713
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:51 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS11 (POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4319
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 84,873.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,959.08
SUBSERVICER ADVANCES THIS MONTH 61,478.59
MASTER SERVICER ADVANCES THIS MONTH 2,312.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 6,753,811.92
(B) TWO MONTHLY PAYMENTS: 4 552,683.89
(C) THREE OR MORE MONTHLY PAYMENTS: 10 915,904.83
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 346,964.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 404,928,853.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,113
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 302,991.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,711,067.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.74931720 % 5.80067400 % 1.45000910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.66494830 % 5.86727411 % 1.46688140 %
BANKRUPTCY AMOUNT AVAILABLE 154,256.00
FRAUD AMOUNT AVAILABLE 8,184,295.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,092,147.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96071089
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.42
POOL TRADING FACTOR: 84.37016355
................................................................................
Run: 09/28/99 08:07:19 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12(POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4321
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FXN8 188,037,444.00 165,839,257.07 7.000000 % 1,949,705.97
CB-2 76110FXP8 6,964,350.00 6,142,194.89 0.000000 % 72,211.33
NB-1 76110FXQ1 25,499,800.00 17,142,869.06 6.750000 % 560,431.66
NB-2 76110FXR9 7,423,000.00 7,423,000.00 6.750000 % 0.00
NB-3 76110FXS7 21,430,159.00 21,430,159.00 6.750000 % 0.00
NB-4 76110FXT5 4,020,000.00 4,020,000.00 6.750000 % 0.00
NB-5 76110FXU2 10,500,000.00 10,500,000.00 6.750000 % 0.00
NB-6 76110FXV0 0.00 0.00 0.350000 % 0.00
NB-7 76110FXW8 15,249,000.00 10,885,594.48 6.400000 % 292,611.26
NB-8 76110FXX6 20,899,000.00 16,105,611.90 6.100000 % 321,446.02
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,918.53 0.000000 % 56.03
A-V 76110FYA5 0.00 0.00 0.835425 % 0.00
R-I 76110FYB3 100.00 0.00 6.750000 % 0.00
R-II 76110FYC1 100.00 0.00 6.750000 % 0.00
M-1 76110FYD9 8,802,500.00 8,732,819.03 6.750000 % 6,715.82
M-2 76110FYE7 4,001,000.00 3,969,327.90 6.750000 % 3,052.54
M-3 76110FYF4 3,201,000.00 3,175,660.73 6.750000 % 2,442.19
B-1 76110FYG2 1,760,300.00 1,746,365.39 6.750000 % 1,343.01
B-2 76110FYH0 960,000.00 952,400.59 6.750000 % 732.43
B-3 76110FYJ6 1,280,602.22 1,270,464.96 6.750000 % 977.03
- -------------------------------------------------------------------------------
320,086,417.14 279,392,643.53 3,211,725.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 966,472.69 2,916,178.66 0.00 0.00 163,889,551.10
CB-2 0.00 72,211.33 0.00 0.00 6,069,983.56
NB-1 96,427.08 656,858.74 0.00 0.00 16,582,437.40
NB-2 41,753.71 41,753.71 0.00 0.00 7,423,000.00
NB-3 120,542.69 120,542.69 0.00 0.00 21,430,159.00
NB-4 22,612.14 22,612.14 0.00 0.00 4,020,000.00
NB-5 59,061.55 59,061.55 0.00 0.00 10,500,000.00
NB-6 3,174.92 3,174.92 0.00 0.00 0.00
NB-7 58,055.56 350,666.82 0.00 0.00 10,592,983.22
NB-8 81,868.87 403,314.89 0.00 0.00 15,784,165.88
NB-9 8,723.73 8,723.73 0.00 0.00 0.00
A-P 0.00 56.03 0.00 0.00 56,862.50
A-V 194,385.67 194,385.67 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 49,087.28 55,803.10 0.00 0.00 8,726,103.21
M-2 22,311.64 25,364.18 0.00 0.00 3,966,275.36
M-3 17,850.42 20,292.61 0.00 0.00 3,173,218.54
B-1 9,816.34 11,159.35 0.00 0.00 1,745,022.38
B-2 5,353.45 6,085.88 0.00 0.00 951,668.16
B-3 7,141.30 8,118.33 0.00 0.00 1,269,487.92
- -------------------------------------------------------------------------------
1,764,639.04 4,976,364.33 0.00 0.00 276,180,918.23
===============================================================================
Run: 09/28/99 08:07:19
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12(POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4321
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 881.948050 10.368711 5.139788 15.508499 0.000000 871.579339
CB-2 881.948048 10.368711 0.000000 10.368711 0.000000 871.579338
NB-1 672.274648 21.977885 3.781484 25.759369 0.000000 650.296763
NB-2 1000.000000 0.000000 5.624910 5.624910 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624909 5.624909 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624910 5.624910 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624910 5.624910 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 713.856284 19.188882 3.807172 22.996054 0.000000 694.667403
NB-8 770.640313 15.380928 3.917358 19.298286 0.000000 755.259385
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 980.307403 0.965013 0.000000 0.965013 0.000000 979.342390
A-V 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
M-1 992.083957 0.762945 5.576516 6.339461 0.000000 991.321012
M-2 992.083954 0.762944 5.576516 6.339460 0.000000 991.321010
M-3 992.083952 0.762946 5.576514 6.339460 0.000000 991.321006
B-1 992.083957 0.762944 5.576515 6.339459 0.000000 991.321014
B-2 992.083948 0.762948 5.576510 6.339458 0.000000 991.321000
B-3 992.083990 0.762946 5.576517 6.339463 0.000000 991.321040
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:19 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 57,954.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,635.70
SUBSERVICER ADVANCES THIS MONTH 45,216.37
MASTER SERVICER ADVANCES THIS MONTH 975.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 3,359,855.56
(B) TWO MONTHLY PAYMENTS: 3 538,686.32
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,170,607.08
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,199,951.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 276,180,918.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,963
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 125,933.03
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,996,844.64
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.87599100 % 5.68297300 % 1.42066410 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.81780230 % 5.74463913 % 1.43637560 %
BANKRUPTCY AMOUNT AVAILABLE 171,854.00
FRAUD AMOUNT AVAILABLE 6,401,728.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,200,864.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.91170500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.63
POOL TRADING FACTOR: 86.28323585
................................................................................
Run: 09/28/99 08:07:20 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13(POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4322
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 112,514,000.00 102,148,428.94 6.500000 % 1,287,720.49
NB 37,758,000.00 31,282,386.02 6.500000 % 651,722.29
A-P 53,454.22 51,257.23 0.000000 % 208.42
A-V 0.00 0.00 0.845670 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,937,717.07 6.500000 % 13,860.37
M-2 706,500.00 681,361.04 6.500000 % 2,398.32
M-3 628,000.00 605,654.26 6.500000 % 2,131.84
B-1 471,000.00 454,240.70 6.500000 % 1,598.88
B-2 314,000.00 302,827.13 6.500000 % 1,065.92
B-3 471,221.05 454,453.87 6.500000 % 1,599.63
- -------------------------------------------------------------------------------
156,999,275.27 139,918,326.26 1,962,306.16
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 552,878.98 1,840,599.47 0.00 0.00 100,860,708.45
NB 169,316.10 821,038.39 0.00 0.00 30,630,663.73
A-P 0.00 208.42 0.00 0.00 51,048.81
A-V 98,528.17 98,528.17 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,312.92 35,173.29 0.00 0.00 3,923,856.70
M-2 3,687.88 6,086.20 0.00 0.00 678,962.72
M-3 3,278.11 5,409.95 0.00 0.00 603,522.42
B-1 2,458.58 4,057.46 0.00 0.00 452,641.82
B-2 1,639.05 2,704.97 0.00 0.00 301,761.21
B-3 2,459.74 4,059.37 0.00 0.00 452,854.24
- -------------------------------------------------------------------------------
855,559.53 2,817,865.69 0.00 0.00 137,956,020.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 907.873055 11.444980 4.913868 16.358848 0.000000 896.428075
NB 828.496902 17.260509 4.484244 21.744753 0.000000 811.236393
A-P 958.899597 3.899001 0.000000 3.899001 0.000000 955.000596
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 964.417602 3.394653 5.219917 8.614570 0.000000 961.022949
M-2 964.417608 3.394650 5.219929 8.614579 0.000000 961.022958
M-3 964.417611 3.394650 5.219920 8.614570 0.000000 961.022962
B-1 964.417622 3.394650 5.219915 8.614565 0.000000 961.022972
B-2 964.417611 3.394650 5.219904 8.614554 0.000000 961.022962
B-3 964.417591 3.394649 5.219928 8.614577 0.000000 961.022938
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:20 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,041.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,174.88
SUBSERVICER ADVANCES THIS MONTH 13,464.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 745,443.57
(B) TWO MONTHLY PAYMENTS: 3 312,610.37
(C) THREE OR MORE MONTHLY PAYMENTS: 2 151,880.73
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 214,982.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 137,956,020.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,330
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 1,469,712.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.39830630 % 3.73413000 % 0.86587780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.34926190 % 3.77391421 % 0.87542690 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,569,993.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,620,356.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.66753200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 162.09
POOL TRADING FACTOR: 87.87048212
................................................................................
Run: 09/28/99 08:06:54 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS14(POOL # 4335)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4335
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FYK3 104,208,000.00 104,208,000.00 6.750000 % 0.00
A-2 76110FYL1 97,975,000.00 70,694,399.07 6.500000 % 3,299,789.29
A-3 76110FYM9 46,000,000.00 33,191,551.85 6.250000 % 1,549,275.99
A-4 76110FYN7 37,995,000.00 27,415,500.23 8.000000 % 1,279,668.29
A-5 76110FYP2 25,759,000.00 25,759,000.00 6.750000 % 0.00
A-6 76110FYQ0 88,071,000.00 88,071,000.00 6.750000 % 0.00
A-P 76110FYR8 95,321.30 90,597.81 0.000000 % 106.17
A-V 76110FYS6 0.00 0.00 0.819326 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,304,540.28 6.750000 % 9,455.24
M-2 76110FYV9 5,563,000.00 5,515,725.84 6.750000 % 4,238.48
M-3 76110FYW7 4,279,000.00 4,242,637.21 6.750000 % 3,260.19
B-1 76110FYX5 2,567,500.00 2,545,681.49 6.750000 % 1,956.19
B-2 76110FYY3 1,283,800.00 1,272,890.32 6.750000 % 978.13
B-3 76110FYZ0 1,711,695.86 1,697,149.89 6.750000 % 1,304.15
- -------------------------------------------------------------------------------
427,918,417.16 377,008,673.99 6,150,032.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 585,905.62 585,905.62 0.00 0.00 104,208,000.00
A-2 382,755.28 3,682,544.57 0.00 0.00 67,394,609.78
A-3 172,794.70 1,722,070.69 0.00 0.00 31,642,275.86
A-4 182,687.56 1,462,355.85 0.00 0.00 26,135,831.94
A-5 144,829.03 144,829.03 0.00 0.00 25,759,000.00
A-6 495,175.94 495,175.94 0.00 0.00 88,071,000.00
A-P 0.00 106.17 0.00 0.00 90,491.64
A-V 257,294.87 257,294.87 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,181.82 78,637.06 0.00 0.00 12,295,085.04
M-2 31,011.97 35,250.45 0.00 0.00 5,511,487.36
M-3 23,854.07 27,114.26 0.00 0.00 4,239,377.02
B-1 14,313.00 16,269.19 0.00 0.00 2,543,725.30
B-2 7,156.78 8,134.91 0.00 0.00 1,271,912.19
B-3 9,542.16 10,846.31 0.00 0.00 1,695,845.74
- -------------------------------------------------------------------------------
2,376,502.80 8,526,534.92 0.00 0.00 370,858,641.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 0.000000 5.622463 5.622463 0.000000 1000.000000
A-2 721.555489 33.679911 3.906663 37.586574 0.000000 687.875578
A-3 721.555475 33.679913 3.756407 37.436320 0.000000 687.875562
A-4 721.555474 33.679913 4.808200 38.488113 0.000000 687.875561
A-5 1000.000000 0.000000 5.622463 5.622463 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622463 5.622463 0.000000 1000.000000
A-P 950.446647 1.113812 0.000000 1.113812 0.000000 949.332835
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 991.502037 0.761905 5.574683 6.336588 0.000000 990.740132
M-2 991.502038 0.761905 5.574685 6.336590 0.000000 990.740133
M-3 991.502036 0.761905 5.574683 6.336588 0.000000 990.740131
B-1 991.502041 0.761905 5.574684 6.336589 0.000000 990.740136
B-2 991.502041 0.761902 5.574685 6.336587 0.000000 990.740139
B-3 991.502013 0.761905 5.574682 6.336587 0.000000 990.740110
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:54 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS14 (POOL # 4335)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4335
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 77,774.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,608.70
SUBSERVICER ADVANCES THIS MONTH 53,302.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 6,316,049.50
(B) TWO MONTHLY PAYMENTS: 4 524,107.00
(C) THREE OR MORE MONTHLY PAYMENTS: 5 428,860.46
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 214,596.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 370,858,641.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,880
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 5,860,310.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.68312490 % 5.85350100 % 1.46337420 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.56747580 % 5.94456942 % 1.48650400 %
BANKRUPTCY AMOUNT AVAILABLE 190,375.00
FRAUD AMOUNT AVAILABLE 8,558,368.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,279,184.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.89259238
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.92
POOL TRADING FACTOR: 86.66573510
................................................................................
Run: 09/28/99 08:07:20 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15(POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4336
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 250,018,000.00 227,803,904.62 6.500000 % 3,403,096.38
NB 150,029,000.00 130,057,652.21 6.500000 % 1,401,706.38
A-V 0.00 0.00 1.011700 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,528,964.65 6.500000 % 11,320.90
M-2 5,377,000.00 5,341,326.60 6.500000 % 4,161.94
M-3 4,517,000.00 4,487,032.23 6.500000 % 3,496.27
B-1 2,581,000.00 2,563,876.49 6.500000 % 1,997.76
B-2 1,290,500.00 1,281,938.25 6.500000 % 998.88
B-3 1,720,903.67 1,709,486.45 6.500000 % 1,332.02
- -------------------------------------------------------------------------------
430,159,503.67 387,774,181.50 4,828,110.53
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,233,446.98 4,636,543.36 0.00 0.00 224,400,808.24
NB 704,363.62 2,106,070.00 0.00 0.00 128,655,945.83
A-V 326,823.68 326,823.68 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,670.05 89,990.95 0.00 0.00 14,517,643.75
M-2 28,921.71 33,083.65 0.00 0.00 5,337,164.66
M-3 24,295.96 27,792.23 0.00 0.00 4,483,535.96
B-1 13,882.63 15,880.39 0.00 0.00 2,561,878.73
B-2 6,941.31 7,940.19 0.00 0.00 1,280,939.37
B-3 9,256.37 10,588.39 0.00 0.00 1,708,154.43
- -------------------------------------------------------------------------------
2,426,602.31 7,254,712.84 0.00 0.00 382,946,070.97
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 911.150016 13.611405 4.933433 18.544838 0.000000 897.538610
NB 866.883417 9.342903 4.694850 14.037753 0.000000 857.540514
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.365558 0.774026 5.378781 6.152807 0.000000 992.591532
M-2 993.365557 0.774026 5.378782 6.152808 0.000000 992.591531
M-3 993.365559 0.774025 5.378782 6.152807 0.000000 992.591534
B-1 993.365552 0.774026 5.378780 6.152806 0.000000 992.591527
B-2 993.365556 0.774026 5.378776 6.152802 0.000000 992.591530
B-3 993.365567 0.774024 5.378785 6.152809 0.000000 992.591543
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:20 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 80,513.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,133.84
SUBSERVICER ADVANCES THIS MONTH 47,405.45
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,769,867.92
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 4 914,614.49
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 918,776.82
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 382,946,070.97
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,779
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 4,526,106.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.28607110 % 6.28131600 % 1.43261240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.19490180 % 6.35555401 % 1.44954420 %
BANKRUPTCY AMOUNT AVAILABLE 164,263.00
FRAUD AMOUNT AVAILABLE 8,603,190.04
SPECIAL HAZARD AMOUNT AVAILABLE 301,595.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.80794800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.06
POOL TRADING FACTOR: 89.02420328
................................................................................
Run: 09/28/99 08:06:55 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16(POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4337
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FZA4 109,739,000.00 100,506,013.33 6.500000 % 1,145,034.74
A-P 76110FZB2 32,286.88 30,963.62 0.000000 % 144.92
A-V 76110FZC0 0.00 0.00 0.754027 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,181,424.91 6.500000 % 10,935.61
M-2 76110FZF3 517,300.00 502,366.02 6.500000 % 1,726.80
M-3 76110FZG1 459,700.00 446,428.88 6.500000 % 1,534.52
B-1 76110FZH9 344,800.00 334,845.93 6.500000 % 1,150.98
B-2 76110FZJ5 229,800.00 223,165.87 6.500000 % 767.10
B-3 76110FZK2 344,884.43 334,927.98 6.500000 % 1,151.26
- -------------------------------------------------------------------------------
114,943,871.31 105,560,136.54 1,162,445.93
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 543,928.25 1,688,962.99 0.00 0.00 99,360,978.59
A-P 0.00 144.92 0.00 0.00 30,818.70
A-V 66,270.95 66,270.95 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,217.55 28,153.16 0.00 0.00 3,170,489.30
M-2 2,718.75 4,445.55 0.00 0.00 500,639.22
M-3 2,416.03 3,950.55 0.00 0.00 444,894.36
B-1 1,812.15 2,963.13 0.00 0.00 333,694.95
B-2 1,207.76 1,974.86 0.00 0.00 222,398.77
B-3 1,812.59 2,963.85 0.00 0.00 333,776.72
- -------------------------------------------------------------------------------
637,384.03 1,799,829.96 0.00 0.00 104,397,690.61
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 915.864126 10.434164 4.956563 15.390727 0.000000 905.429962
A-P 959.015551 4.488511 0.000000 4.488511 0.000000 954.527040
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 971.130925 3.338098 5.255662 8.593760 0.000000 967.792827
M-2 971.130910 3.338102 5.255654 8.593756 0.000000 967.792809
M-3 971.130911 3.338090 5.255667 8.593757 0.000000 967.792821
B-1 971.130887 3.338109 5.255655 8.593764 0.000000 967.792778
B-2 971.130853 3.338120 5.255701 8.593821 0.000000 967.792733
B-3 971.131054 3.338104 5.255645 8.593749 0.000000 967.792950
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:55 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,900.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,424.47
SUBSERVICER ADVANCES THIS MONTH 14,160.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,516,589.86
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 104,397,690.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,136
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 799,595.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.24002750 % 3.91381800 % 0.84615440 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.20356100 % 3.94263786 % 0.85263690 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,298,877.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,296,326.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.58108867
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 164.75
POOL TRADING FACTOR: 90.82492996
................................................................................
Run: 09/28/99 08:07:21 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17(POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4347
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FZX4 12,110,000.00 7,656,077.36 6.500000 % 419,858.38
A-2 76110FZY2 100,000,000.00 86,541,461.42 6.500000 % 1,268,697.43
A-3 76110FZZ9 33,937,000.00 29,941,737.34 6.500000 % 376,621.83
A-4 76110FA29 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-5 76110FA37 14,321,000.00 14,321,000.00 6.500000 % 0.00
A-6 76110FA45 723,000.00 723,000.00 6.500000 % 0.00
A-7 76110FA52 15,000,000.00 15,000,000.00 6.500000 % 0.00
A-8 76110FC76 24,000,000.00 24,000,000.00 6.500000 % 0.00
CB 76110FA60 200,070,000.00 184,011,566.22 6.500000 % 1,782,411.43
NB-1 76110FA78 73,215,000.00 65,972,401.09 6.500000 % 850,463.46
NB-2 76110FA86 2,000,000.00 2,000,000.00 6.500000 % 0.00
NB-3 76110FA94 4,725,000.00 4,725,000.00 6.500000 % 0.00
NB-4 76110FB28 4,735,000.00 4,735,000.00 6.500000 % 0.00
NB-5 76110FB36 2,800,000.00 2,800,000.00 6.500000 % 0.00
NB-6 76110FB44 2,664,000.00 2,664,000.00 6.500000 % 0.00
NB-7 76110FB51 10,000,000.00 10,000,000.00 6.500000 % 0.00
A-P 76110FB69 60,240.84 59,733.25 0.000000 % 65.20
A-V 76110FB77 0.00 0.00 0.963988 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,084,226.06 6.500000 % 14,872.03
M-2 76110FC27 7,062,000.00 7,016,858.65 6.500000 % 5,468.13
M-3 76110FC35 5,932,000.00 5,894,081.81 6.500000 % 4,593.16
B-1 76110FC43 3,389,000.00 3,367,337.01 6.500000 % 2,624.11
B-2 76110FC50 1,694,000.00 1,683,171.70 6.500000 % 1,311.67
B-3 76110FC68 2,259,938.31 2,245,614.82 6.500000 % 1,749.97
- -------------------------------------------------------------------------------
564,904,279.15 519,442,266.73 4,728,736.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 41,448.96 461,307.34 0.00 0.00 7,236,218.98
A-2 468,523.73 1,737,221.16 0.00 0.00 85,272,763.99
A-3 162,100.50 538,722.33 0.00 0.00 29,565,115.51
A-4 135,346.61 135,346.61 0.00 0.00 25,000,000.00
A-5 77,531.95 77,531.95 0.00 0.00 14,321,000.00
A-6 3,914.22 3,914.22 0.00 0.00 723,000.00
A-7 81,207.96 81,207.96 0.00 0.00 15,000,000.00
A-8 129,932.74 129,932.74 0.00 0.00 24,000,000.00
CB 996,375.15 2,778,786.58 0.00 0.00 182,229,154.79
NB-1 357,308.60 1,207,772.06 0.00 0.00 65,121,937.63
NB-2 10,832.06 10,832.06 0.00 0.00 2,000,000.00
NB-3 25,590.75 25,590.75 0.00 0.00 4,725,000.00
NB-4 25,644.91 25,644.91 0.00 0.00 4,735,000.00
NB-5 15,164.89 15,164.89 0.00 0.00 2,800,000.00
NB-6 14,428.31 14,428.31 0.00 0.00 2,664,000.00
NB-7 54,160.32 54,160.32 0.00 0.00 10,000,000.00
A-P 0.00 65.20 0.00 0.00 59,668.05
A-V 417,122.34 417,122.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,284.37 118,156.40 0.00 0.00 19,069,354.03
M-2 37,975.43 43,443.56 0.00 0.00 7,011,390.52
M-3 31,898.94 36,492.10 0.00 0.00 5,889,488.65
B-1 18,224.12 20,848.23 0.00 0.00 3,364,712.90
B-2 9,109.37 10,421.04 0.00 0.00 1,681,860.03
B-3 12,153.33 13,903.30 0.00 0.00 2,243,864.85
- -------------------------------------------------------------------------------
3,229,279.56 7,958,016.36 0.00 0.00 514,713,529.93
===============================================================================
Run: 09/28/99 08:07:21
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17(POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4347
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 632.211178 34.670386 3.422706 38.093092 0.000000 597.540791
A-2 865.414614 12.686974 4.685237 17.372211 0.000000 852.727640
A-3 882.274136 11.097676 4.776512 15.874188 0.000000 871.176460
A-4 1000.000000 0.000000 5.413864 5.413864 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413864 5.413864 0.000000 1000.000000
A-6 1000.000000 0.000000 5.413864 5.413864 0.000000 1000.000000
A-7 1000.000000 0.000000 5.413864 5.413864 0.000000 1000.000000
A-8 1000.000000 0.000000 5.413864 5.413864 0.000000 1000.000000
CB 919.735924 8.908939 4.980133 13.889072 0.000000 910.826985
NB-1 901.077663 11.615973 4.880265 16.496238 0.000000 889.461690
NB-2 1000.000000 0.000000 5.416030 5.416030 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416031 5.416031 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.416032 5.416032 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.416033 5.416033 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.416031 5.416031 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.416032 5.416032 0.000000 1000.000000
A-P 991.573989 1.082258 0.000000 1.082258 0.000000 990.491731
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.607854 0.774303 5.377434 6.151737 0.000000 992.833552
M-2 993.607852 0.774303 5.377433 6.151736 0.000000 992.833549
M-3 993.607857 0.774302 5.377434 6.151736 0.000000 992.833555
B-1 993.607852 0.774302 5.377433 6.151735 0.000000 992.833550
B-2 993.607851 0.774303 5.377434 6.151737 0.000000 992.833548
B-3 993.662000 0.774344 5.377728 6.152072 0.000000 992.887654
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:21 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 107,885.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,917.08
SUBSERVICER ADVANCES THIS MONTH 46,478.82
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,941,460.31
(B) TWO MONTHLY PAYMENTS: 8 653,945.80
(C) THREE OR MORE MONTHLY PAYMENTS: 3 292,460.38
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 655,062.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 514,713,529.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,861
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 4,324,567.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.42437020 % 6.15952300 % 1.40460720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.36073340 % 6.21126731 % 1.41640690 %
BANKRUPTCY AMOUNT AVAILABLE 212,158.00
FRAUD AMOUNT AVAILABLE 11,298,086.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,649,043.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.79043200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.68
POOL TRADING FACTOR: 91.11517631
................................................................................
Run: 09/28/99 08:06:59 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1(POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4355
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FC84 49,523,000.00 28,667,986.95 6.500000 % 2,008,028.58
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,841,572.68 6.500000 % 66,138.55
A-4 76110FD34 2,475,344.00 2,475,344.00 6.500000 % 0.00
A-5 76110FD42 14,025,030.00 14,025,030.00 6.500000 % 0.00
A-6 76110FD59 133,990,656.00 133,990,656.00 6.500000 % 0.00
A-P 76110FD67 16,409.82 15,913.38 0.000000 % 20.86
A-V 76110FD75 0.00 0.00 1.071139 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,082,502.26 6.500000 % 24,181.38
M-2 76110FE25 3,360,700.00 3,339,193.23 6.500000 % 8,890.31
M-3 76110FE33 2,823,000.00 2,804,934.24 6.500000 % 7,467.90
B-1 76110FE41 1,613,200.00 1,602,876.34 6.500000 % 4,267.52
B-2 76110FE58 806,600.00 801,438.17 6.500000 % 2,133.76
B-3 76110FE66 1,075,021.18 1,068,141.57 6.500000 % 2,843.84
- -------------------------------------------------------------------------------
268,851,631.00 247,715,588.82 2,123,972.70
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 155,240.04 2,163,268.62 0.00 0.00 26,659,958.37
A-2 135,377.52 135,377.52 0.00 0.00 25,000,000.00
A-3 134,519.62 200,658.17 0.00 0.00 24,775,434.13
A-4 13,404.23 13,404.23 0.00 0.00 2,475,344.00
A-5 75,946.95 75,946.95 0.00 0.00 14,025,030.00
A-6 725,572.89 725,572.89 0.00 0.00 133,990,656.00
A-P 0.00 20.86 0.00 0.00 15,892.52
A-V 221,051.03 221,051.03 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,182.67 73,364.05 0.00 0.00 9,058,320.88
M-2 18,082.07 26,972.38 0.00 0.00 3,330,302.92
M-3 15,189.00 22,656.90 0.00 0.00 2,797,466.34
B-1 8,679.74 12,947.26 0.00 0.00 1,598,608.82
B-2 4,339.86 6,473.62 0.00 0.00 799,304.41
B-3 5,784.10 8,627.94 0.00 0.00 1,065,297.73
- -------------------------------------------------------------------------------
1,562,369.72 3,686,342.42 0.00 0.00 245,591,616.12
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 578.882276 40.547394 3.134706 43.682100 0.000000 538.334882
A-2 1000.000000 0.000000 5.415101 5.415101 0.000000 1000.000000
A-3 993.600509 2.645376 5.380447 8.025823 0.000000 990.955133
A-4 1000.000000 0.000000 5.415098 5.415098 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415101 5.415101 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415101 5.415101 0.000000 1000.000000
A-P 969.747383 1.271190 0.000000 1.271190 0.000000 968.476193
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.600510 2.645376 5.380447 8.025823 0.000000 990.955134
M-2 993.600509 2.645374 5.380448 8.025822 0.000000 990.955134
M-3 993.600510 2.645377 5.380446 8.025823 0.000000 990.955133
B-1 993.600508 2.645376 5.380449 8.025825 0.000000 990.955133
B-2 993.600508 2.645376 5.380436 8.025812 0.000000 990.955133
B-3 993.600489 2.645380 5.380452 8.025832 0.000000 990.955108
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:06:59 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1 (POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4355
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 51,319.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,875.67
SUBSERVICER ADVANCES THIS MONTH 32,339.85
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,611,522.78
(B) TWO MONTHLY PAYMENTS: 3 644,809.76
(C) THREE OR MORE MONTHLY PAYMENTS: 1 90,510.80
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 226,700.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 245,591,616.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,808
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 1,464,478.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 470,423.18
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.45090420 % 6.14721400 % 1.40188160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.40588570 % 6.18347254 % 1.41024160 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,377,032.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,688,516.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.89637019
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.13
POOL TRADING FACTOR: 91.34838245
................................................................................
Run: 09/28/99 08:07:01 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG80 18,049,000.00 9,116,481.18 6.500000 % 1,164,746.59
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 125,005,433.82 6.500000 % 1,398,027.58
A-4 76110FE90 3,798,000.00 3,798,000.00 6.500000 % 0.00
A-5 76110FF24 5,219,000.00 5,219,000.00 6.500000 % 0.00
A-6 76110FF32 1,000,000.00 1,000,000.00 6.000000 % 0.00
A-7 76110FF40 1,000,000.00 1,000,000.00 7.000000 % 0.00
A-8 76110FF57 8,003,000.00 8,003,000.00 6.500000 % 0.00
A-9 76110FF65 32,176,000.00 32,176,000.00 6.500000 % 0.00
A-P 76110FF73 35,672.56 35,471.45 0.000000 % 35.08
A-V 76110FF81 0.00 0.00 1.043644 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,247,267.98 6.500000 % 7,640.92
M-2 76110FG31 3,861,100.00 3,842,451.83 6.500000 % 2,865.14
M-3 76110FG49 3,378,500.00 3,362,182.67 6.500000 % 2,507.02
B-1 76110FG56 1,930,600.00 1,921,275.67 6.500000 % 1,432.61
B-2 76110FG64 965,300.00 960,637.84 6.500000 % 716.30
B-3 76110FG72 1,287,113.52 1,280,897.08 6.500000 % 955.11
- -------------------------------------------------------------------------------
321,757,386.08 301,998,099.52 2,578,926.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 49,371.49 1,214,118.08 0.00 0.00 7,951,734.59
A-2 514,647.28 514,647.28 0.00 0.00 95,030,000.00
A-3 676,983.13 2,075,010.71 0.00 0.00 123,607,406.24
A-4 20,568.56 20,568.56 0.00 0.00 3,798,000.00
A-5 28,264.17 28,264.17 0.00 0.00 5,219,000.00
A-6 4,999.04 4,999.04 0.00 0.00 1,000,000.00
A-7 5,832.21 5,832.21 0.00 0.00 1,000,000.00
A-8 43,341.28 43,341.28 0.00 0.00 8,003,000.00
A-9 174,253.30 174,253.30 0.00 0.00 32,176,000.00
A-P 0.00 35.08 0.00 0.00 35,436.37
A-V 262,598.42 262,598.42 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,495.40 63,136.32 0.00 0.00 10,239,627.06
M-2 20,809.30 23,674.44 0.00 0.00 3,839,586.69
M-3 18,208.33 20,715.35 0.00 0.00 3,359,675.65
B-1 10,404.92 11,837.53 0.00 0.00 1,919,843.06
B-2 5,202.45 5,918.75 0.00 0.00 959,921.54
B-3 6,936.86 7,891.97 0.00 0.00 1,279,941.97
- -------------------------------------------------------------------------------
1,897,916.14 4,476,842.49 0.00 0.00 299,419,173.17
===============================================================================
Run: 09/28/99 08:07:01
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 505.096193 64.532472 2.735414 67.267886 0.000000 440.563720
A-2 1000.000000 0.000000 5.415630 5.415630 0.000000 1000.000000
A-3 921.006386 10.300291 4.987829 15.288120 0.000000 910.706096
A-4 1000.000000 0.000000 5.415629 5.415629 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415629 5.415629 0.000000 1000.000000
A-6 1000.000000 0.000000 4.999040 4.999040 0.000000 1000.000000
A-7 1000.000000 0.000000 5.832210 5.832210 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415629 5.415629 0.000000 1000.000000
A-9 1000.000000 0.000000 5.415630 5.415630 0.000000 1000.000000
A-P 994.362333 0.983389 0.000000 0.983389 0.000000 993.378945
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 995.170242 0.742053 5.389473 6.131526 0.000000 994.428189
M-2 995.170244 0.742053 5.389475 6.131528 0.000000 994.428191
M-3 995.170244 0.742051 5.389472 6.131523 0.000000 994.428193
B-1 995.170242 0.742054 5.389475 6.131529 0.000000 994.428188
B-2 995.170248 0.742049 5.389464 6.131513 0.000000 994.428199
B-3 995.170247 0.742056 5.389470 6.131526 0.000000 994.428189
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:01 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2 (POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4362
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 62,728.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,856.94
SUBSERVICER ADVANCES THIS MONTH 36,611.04
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 4,152,033.59
(B) TWO MONTHLY PAYMENTS: 7 927,905.66
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 102,275.48
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 299,419,173.17
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,221
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 2,353,733.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.84192440 % 5.77949100 % 1.37858470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.78564820 % 5.82423938 % 1.38942300 %
BANKRUPTCY AMOUNT AVAILABLE 115,826.00
FRAUD AMOUNT AVAILABLE 6,435,148.00
SPECIAL HAZARD AMOUNT AVAILABLE 32,175,740.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86920018
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.75
POOL TRADING FACTOR: 93.05743586
................................................................................
Run: 09/28/99 08:07:01 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3(POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4363
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJ38 167,033,000.00 157,294,119.10 6.500000 % 1,981,855.93
A-2 76110FJ46 9,013,000.00 9,013,000.00 6.500000 % 0.00
A-3 76110FJ53 25,854,000.00 25,854,000.00 6.500000 % 0.00
A-4 76110FJ61 45,000,000.00 42,806,211.15 6.500000 % 446,434.60
A-5 76110FJ79 60,600,000.00 50,070,093.39 6.500000 % 2,142,829.15
A-6 76110FJ87 100,000,000.00 100,000,000.00 6.500000 % 0.00
A-7 76110FJ95 20,000,000.00 20,000,000.00 6.500000 % 0.00
A-8 76110FK28 47,527,000.00 47,354,307.33 6.500000 % 35,515.38
A-P 76110FK36 12,443.31 12,116.96 0.000000 % 13.30
A-V 76110FK44 0.00 0.00 1.018667 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,242,566.27 6.500000 % 12,181.81
M-2 76110FK77 6,113,300.00 6,091,086.90 6.500000 % 4,568.27
M-3 76110FK85 5,349,000.00 5,329,564.04 6.500000 % 3,997.13
B-1 76110FK93 3,056,500.00 3,045,394.00 6.500000 % 2,284.02
B-2 76110FL27 1,528,300.00 1,522,746.82 6.500000 % 1,142.05
B-3 76110FL35 2,037,744.61 2,030,340.33 6.500000 % 1,522.75
- -------------------------------------------------------------------------------
509,426,187.92 486,665,546.29 4,632,344.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 851,610.97 2,833,466.90 0.00 0.00 155,312,263.17
A-2 48,797.57 48,797.57 0.00 0.00 9,013,000.00
A-3 139,976.94 139,976.94 0.00 0.00 25,854,000.00
A-4 231,758.44 678,193.04 0.00 0.00 42,359,776.55
A-5 271,086.05 2,413,915.20 0.00 0.00 47,927,264.24
A-6 541,413.11 541,413.11 0.00 0.00 100,000,000.00
A-7 108,282.62 108,282.62 0.00 0.00 20,000,000.00
A-8 256,382.43 291,897.81 0.00 0.00 47,318,791.95
A-P 0.00 13.30 0.00 0.00 12,103.66
A-V 412,931.91 412,931.91 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,939.39 100,121.20 0.00 0.00 16,230,384.46
M-2 32,977.95 37,546.22 0.00 0.00 6,086,518.63
M-3 28,854.96 32,852.09 0.00 0.00 5,325,566.91
B-1 16,488.16 18,772.18 0.00 0.00 3,043,109.98
B-2 8,244.35 9,386.40 0.00 0.00 1,521,604.77
B-3 10,992.53 12,515.28 0.00 0.00 2,028,817.58
- -------------------------------------------------------------------------------
3,047,737.38 7,680,081.77 0.00 0.00 482,033,201.90
===============================================================================
Run: 09/28/99 08:07:01
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3(POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4363
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 941.694869 11.865056 5.098459 16.963515 0.000000 929.829813
A-2 1000.000000 0.000000 5.414132 5.414132 0.000000 1000.000000
A-3 1000.000000 0.000000 5.414131 5.414131 0.000000 1000.000000
A-4 951.249137 9.920769 5.150188 15.070957 0.000000 941.328368
A-5 826.239165 35.360217 4.473367 39.833584 0.000000 790.878948
A-6 1000.000000 0.000000 5.414131 5.414131 0.000000 1000.000000
A-7 1000.000000 0.000000 5.414131 5.414131 0.000000 1000.000000
A-8 996.366430 0.747267 5.394459 6.141726 0.000000 995.619163
A-P 973.773056 1.068847 0.000000 1.068847 0.000000 972.704208
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.366430 0.747268 5.394459 6.141727 0.000000 995.619162
M-2 996.366431 0.747267 5.394460 6.141727 0.000000 995.619163
M-3 996.366431 0.747267 5.394459 6.141726 0.000000 995.619164
B-1 996.366432 0.747266 5.394458 6.141724 0.000000 995.619166
B-2 996.366433 0.747268 5.394458 6.141726 0.000000 995.619165
B-3 996.366434 0.747267 5.394459 6.141726 0.000000 995.619164
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:01 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3 (POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4363
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 100,942.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 21,655.43
SUBSERVICER ADVANCES THIS MONTH 58,747.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 6,760,333.62
(B) TWO MONTHLY PAYMENTS: 4 540,223.75
(C) THREE OR MORE MONTHLY PAYMENTS: 5 517,482.12
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 474,302.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 482,033,201.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,121
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 4,267,344.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.95973350 % 5.68437700 % 1.35588920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.89740580 % 5.73455727 % 1.36789290 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 10,188,524.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,094,262.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.84898248
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.58
POOL TRADING FACTOR: 94.62277624
................................................................................
Run: 09/28/99 08:07:01 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4(POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4364
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG98 200,000,000.00 191,731,088.27 6.250000 % 2,595,356.56
A-P 76110FH22 33,549.74 32,452.01 0.000000 % 213.75
A-V 76110FH30 0.00 0.00 0.900637 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,770,386.44 6.250000 % 19,381.87
M-2 76110FH63 942,600.00 927,330.82 6.250000 % 3,114.77
M-3 76110FH71 942,600.00 927,330.82 6.250000 % 3,114.77
B-1 76110FH89 628,400.00 618,220.55 6.250000 % 2,076.51
B-2 76110FH97 523,700.00 515,216.57 6.250000 % 1,730.54
B-3 76110FJ20 523,708.79 515,225.26 6.250000 % 1,730.55
- -------------------------------------------------------------------------------
209,460,058.53 201,037,250.74 2,626,719.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 997,423.56 3,592,780.12 0.00 0.00 189,135,731.71
A-P 0.00 213.75 0.00 0.00 32,238.26
A-V 150,707.05 150,707.05 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,018.71 49,400.58 0.00 0.00 5,751,004.57
M-2 4,824.16 7,938.93 0.00 0.00 924,216.05
M-3 4,824.16 7,938.93 0.00 0.00 924,216.05
B-1 3,216.11 5,292.62 0.00 0.00 616,144.04
B-2 2,680.26 4,410.80 0.00 0.00 513,486.03
B-3 2,680.30 4,410.85 0.00 0.00 513,494.71
- -------------------------------------------------------------------------------
1,196,374.31 3,823,093.63 0.00 0.00 198,410,531.42
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 958.655441 12.976783 4.987118 17.963901 0.000000 945.678659
A-P 967.280521 6.371137 0.000000 6.371137 0.000000 960.909384
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.801009 3.304441 5.117931 8.422372 0.000000 980.496568
M-2 983.800997 3.304445 5.117929 8.422374 0.000000 980.496552
M-3 983.800997 3.304445 5.117929 8.422374 0.000000 980.496552
B-1 983.801003 3.304440 5.117934 8.422374 0.000000 980.496563
B-2 983.800974 3.304449 5.117930 8.422379 0.000000 980.496525
B-3 983.801055 3.304432 5.117921 8.422353 0.000000 980.496642
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:01 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 41,724.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,586.58
SUBSERVICER ADVANCES THIS MONTH 28,876.77
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,354,043.86
(B) TWO MONTHLY PAYMENTS: 1 111,501.54
(C) THREE OR MORE MONTHLY PAYMENTS: 3 670,457.38
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 198,410,531.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,999
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 1,951,452.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.38632380 % 3.79346600 % 0.82021050 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.34094110 % 3.83015791 % 0.82827850 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,189,201.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,094,601.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48050625
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 168.02
POOL TRADING FACTOR: 94.72475698
................................................................................
Run: 09/28/99 08:07:22 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5(POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4372
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FL50 166,515,517.00 161,210,632.44 7.250000 % 1,126,181.82
CB-P 76110FL68 12,334,483.00 11,941,528.58 0.000000 % 83,420.88
NB-1 76110FL76 36,987,960.00 34,393,726.21 6.750000 % 1,040,467.07
NB-2 76110FL84 3,534,000.00 3,534,000.00 6.750000 % 0.00
NB-3 76110FL92 9,618,710.00 9,618,710.00 6.750000 % 0.00
NB-4 76110FM26 21,500,000.00 18,437,899.96 6.750000 % 1,228,066.43
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 247,625.74 0.000000 % 301.37
A-V 76110FM59 0.00 0.00 0.805169 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,593,106.13 6.750000 % 6,959.97
M-2 76110FM83 3,848,100.00 3,837,222.50 6.750000 % 2,783.97
M-3 76110FM91 3,256,100.00 3,246,895.93 6.750000 % 2,355.68
B-1 76110FN25 1,924,100.00 1,918,661.11 6.750000 % 1,392.02
B-2 76110FN33 888,100.00 885,589.60 6.750000 % 642.51
B-3 76110FN41 1,183,701.20 1,180,350.23 6.750000 % 859.76
- -------------------------------------------------------------------------------
296,006,355.96 284,592,278.43 3,493,431.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 973,853.94 2,100,035.76 0.00 0.00 160,084,450.62
CB-P 0.00 83,420.88 0.00 0.00 11,858,107.70
NB-1 193,125.38 1,233,592.45 0.00 0.00 33,353,259.14
NB-2 19,843.88 19,843.88 0.00 0.00 3,534,000.00
NB-3 54,010.34 54,010.34 0.00 0.00 9,618,710.00
NB-4 103,531.28 1,331,597.71 0.00 0.00 17,209,833.53
NB-5 137,830.94 137,830.94 0.00 0.00 24,546,330.00
A-P 0.00 301.37 0.00 0.00 247,324.37
A-V 190,822.56 190,822.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,918.66 60,878.63 0.00 0.00 9,586,146.16
M-2 21,567.36 24,351.33 0.00 0.00 3,834,438.53
M-3 18,249.39 20,605.07 0.00 0.00 3,244,540.25
B-1 10,783.96 12,175.98 0.00 0.00 1,917,269.09
B-2 4,977.51 5,620.02 0.00 0.00 884,947.09
B-3 6,634.23 7,493.99 0.00 0.00 1,179,490.47
- -------------------------------------------------------------------------------
1,789,149.43 5,282,580.91 0.00 0.00 281,098,846.95
===============================================================================
Run: 09/28/99 08:07:22
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5(POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4372
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 968.141801 6.763224 5.848428 12.611652 0.000000 961.378576
CB-P 968.141801 6.763225 0.000000 6.763225 0.000000 961.378576
NB-1 929.862750 28.129885 5.221304 33.351189 0.000000 901.732865
NB-2 1000.000000 0.000000 5.615133 5.615133 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.615133 5.615133 0.000000 1000.000000
NB-4 857.576742 57.119369 4.815408 61.934777 0.000000 800.457374
NB-5 1000.000000 0.000000 5.615134 5.615134 0.000000 1000.000000
A-P 995.061296 1.211030 0.000000 1.211030 0.000000 993.850266
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 997.173283 0.723467 5.604676 6.328143 0.000000 996.449816
M-2 997.173280 0.723466 5.604678 6.328144 0.000000 996.449814
M-3 997.173284 0.723467 5.604677 6.328144 0.000000 996.449817
B-1 997.173281 0.723466 5.604678 6.328144 0.000000 996.449816
B-2 997.173291 0.723466 5.604673 6.328139 0.000000 996.449826
B-3 997.169074 0.723468 5.604649 6.328117 0.000000 996.442743
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:22 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 58,758.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,956.68
SUBSERVICER ADVANCES THIS MONTH 28,342.23
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,591,455.84
(B) TWO MONTHLY PAYMENTS: 3 331,833.22
(C) THREE OR MORE MONTHLY PAYMENTS: 2 475,388.53
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 598,618.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 281,098,846.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,035
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 3,286,893.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.73352770 % 5.86004100 % 1.40010860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.64848860 % 5.92856396 % 1.41772660 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.87522600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.27
POOL TRADING FACTOR: 94.96378753
................................................................................
Run: 09/28/99 08:07:23 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6(POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4376
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FN58 226,382,557.00 221,699,057.17 7.000000 % 1,862,206.56
CB-P 76110FN66 17,414,043.00 17,053,773.79 0.000000 % 143,246.66
NB-1 76110FN74 114,280,000.00 108,751,821.59 6.500000 % 988,769.21
NB-2 76110FN82 3,836,000.00 3,836,000.00 6.500000 % 0.00
NB-3 76110FN90 13,124,100.00 13,124,100.00 6.500000 % 0.00
A-P 76110FP23 47,335.68 47,197.52 0.000000 % 45.79
A-V 76110FP31 0.00 0.00 1.010892 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,843,979.59 6.500000 % 9,361.25
M-2 76110FP64 4,826,800.00 4,816,479.86 6.500000 % 3,510.46
M-3 76110FP72 4,223,400.00 4,214,369.99 6.500000 % 3,071.62
B-1 76110FP80 2,413,400.00 2,408,239.93 6.500000 % 1,755.23
B-2 76110FP98 1,206,800.00 1,204,219.76 6.500000 % 877.69
B-3 76110FQ22 1,608,966.42 1,605,523.35 6.500000 % 1,172.61
- -------------------------------------------------------------------------------
402,235,002.10 391,604,762.55 3,014,017.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,292,897.44 3,155,104.00 0.00 0.00 219,836,850.61
CB-P 0.00 143,246.66 0.00 0.00 16,910,527.13
NB-1 589,019.89 1,577,789.10 0.00 0.00 107,763,052.38
NB-2 20,776.48 20,776.48 0.00 0.00 3,836,000.00
NB-3 71,082.55 71,082.55 0.00 0.00 13,124,100.00
A-P 0.00 45.79 0.00 0.00 47,151.73
A-V 329,823.65 329,823.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,554.87 78,916.12 0.00 0.00 12,834,618.34
M-2 26,083.01 29,593.47 0.00 0.00 4,812,969.40
M-3 22,822.37 25,893.99 0.00 0.00 4,211,298.37
B-1 13,041.50 14,796.73 0.00 0.00 2,406,484.70
B-2 6,521.30 7,398.99 0.00 0.00 1,203,342.07
B-3 8,694.49 9,867.10 0.00 0.00 1,604,350.74
- -------------------------------------------------------------------------------
2,450,317.55 5,464,334.63 0.00 0.00 388,590,745.47
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 979.311569 8.225928 5.711118 13.937046 0.000000 971.085642
CB-P 979.311570 8.225928 0.000000 8.225928 0.000000 971.085642
NB-1 951.626020 8.652163 5.154182 13.806345 0.000000 942.973857
NB-2 1000.000000 0.000000 5.416184 5.416184 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416185 5.416185 0.000000 1000.000000
A-P 997.081271 0.967255 0.000000 0.967255 0.000000 996.114016
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 997.861911 0.727285 5.403789 6.131074 0.000000 997.134626
M-2 997.861909 0.727285 5.403789 6.131074 0.000000 997.134623
M-3 997.861910 0.727286 5.403791 6.131077 0.000000 997.134624
B-1 997.861909 0.727285 5.403787 6.131072 0.000000 997.134623
B-2 997.861916 0.727287 5.403795 6.131082 0.000000 997.134629
B-3 997.860073 0.727287 5.403773 6.131060 0.000000 997.131274
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:23 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 81,279.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,147.57
SUBSERVICER ADVANCES THIS MONTH 63,183.95
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 7,536,355.88
(B) TWO MONTHLY PAYMENTS: 7 1,298,377.10
(C) THREE OR MORE MONTHLY PAYMENTS: 3 265,858.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 388,590,745.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,692
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 2,728,589.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.08075880 % 5.58594600 % 1.33246160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.03216830 % 5.62516899 % 1.34198000 %
BANKRUPTCY AMOUNT AVAILABLE 150,055.00
FRAUD AMOUNT AVAILABLE 8,044,700.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,022,350.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.83576200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.74
POOL TRADING FACTOR: 96.60788928
................................................................................
Run: 09/28/99 08:07:04 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7(POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4380
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQ30 260,286,000.00 254,593,539.09 6.750000 % 5,228,287.54
A-2 76110FQ48 15,420,000.00 15,259,297.64 6.750000 % 81,034.74
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,410,702.36 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,679.67 0.000000 % 94.51
A-V 76110FQ97 0.00 0.00 0.875289 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,950,899.57 6.750000 % 9,138.11
M-2 76110FR39 4,206,600.00 4,200,728.98 6.750000 % 2,964.02
M-3 76110FR47 3,680,500.00 3,675,363.24 6.750000 % 2,593.32
B-1 76110FR54 2,103,100.00 2,100,164.77 6.750000 % 1,481.87
B-2 76110FR62 1,051,600.00 1,050,132.31 6.750000 % 740.97
B-3 76110FR70 1,402,095.46 1,400,138.59 6.750000 % 987.93
- -------------------------------------------------------------------------------
350,510,075.44 344,781,646.22 5,327,323.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,431,638.84 6,659,926.38 0.00 0.00 249,365,251.55
A-2 85,806.59 166,841.33 0.00 0.00 15,178,262.90
A-3 197,094.32 197,094.32 0.00 0.00 35,050,000.00
A-4 0.00 0.00 81,034.74 0.00 14,491,737.10
A-P 0.00 94.51 0.00 0.00 90,585.16
A-V 251,407.38 251,407.38 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,825.93 81,964.04 0.00 0.00 12,941,761.46
M-2 23,621.68 26,585.70 0.00 0.00 4,197,764.96
M-3 20,667.43 23,260.75 0.00 0.00 3,672,769.92
B-1 11,809.72 13,291.59 0.00 0.00 2,098,682.90
B-2 5,905.13 6,646.10 0.00 0.00 1,049,391.34
B-3 7,873.31 8,861.24 0.00 0.00 1,399,150.66
- -------------------------------------------------------------------------------
2,108,650.33 7,435,973.34 81,034.74 0.00 339,535,357.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 978.129977 20.086703 5.500253 25.586956 0.000000 958.043274
A-2 989.578316 5.255171 5.564630 10.819801 0.000000 984.323145
A-3 1000.000000 0.000000 5.623233 5.623233 0.000000 1000.000000
A-4 1011.277359 0.000000 0.000000 0.000000 5.686648 1016.964007
A-P 995.604852 1.037659 0.000000 1.037659 0.000000 994.567193
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 998.604331 0.704612 5.615385 6.319997 0.000000 997.899719
M-2 998.604331 0.704612 5.615385 6.319997 0.000000 997.899720
M-3 998.604331 0.704611 5.615386 6.319997 0.000000 997.899720
B-1 998.604332 0.704612 5.615387 6.319999 0.000000 997.899720
B-2 998.604327 0.704612 5.615377 6.319989 0.000000 997.899715
B-3 998.604325 0.704610 5.615388 6.319998 0.000000 997.899715
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:04 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7 (POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4380
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 71,372.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,434.58
SUBSERVICER ADVANCES THIS MONTH 43,974.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 5,260,076.50
(B) TWO MONTHLY PAYMENTS: 5 628,566.59
(C) THREE OR MORE MONTHLY PAYMENTS: 5 481,545.96
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 339,535,357.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,581
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 5,002,989.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.63762910 % 6.04222200 % 1.32014940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.52911720 % 6.12964036 % 1.33960670 %
BANKRUPTCY AMOUNT AVAILABLE 134,666.00
FRAUD AMOUNT AVAILABLE 7,010,202.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,505,101.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.94853190
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.43
POOL TRADING FACTOR: 96.86892952
................................................................................
Run: 09/28/99 08:07:05 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8(POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4381
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FR88 100,048,000.00 98,910,926.16 6.500000 % 809,535.28
A-P 76110FR96 122,858.97 121,924.14 0.000000 % 474.40
A-V 76110FS20 0.00 0.00 0.693549 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,547,348.65 6.500000 % 8,198.74
M-2 76110FS53 575,400.00 571,752.38 6.500000 % 1,840.21
M-3 76110FS61 470,800.00 467,815.48 6.500000 % 1,505.68
B-1 76110FS79 313,900.00 311,910.10 6.500000 % 1,003.89
B-2 76110FS87 261,600.00 259,941.65 6.500000 % 836.63
B-3 76110FS95 261,601.59 259,943.23 6.500000 % 836.64
- -------------------------------------------------------------------------------
104,617,860.56 103,451,561.79 824,231.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 535,403.89 1,344,939.17 0.00 0.00 98,101,390.88
A-P 0.00 474.40 0.00 0.00 121,449.74
A-V 59,750.05 59,750.05 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,788.77 21,987.51 0.00 0.00 2,539,149.91
M-2 3,094.89 4,935.10 0.00 0.00 569,912.17
M-3 2,532.28 4,037.96 0.00 0.00 466,309.80
B-1 1,688.36 2,692.25 0.00 0.00 310,906.21
B-2 1,407.06 2,243.69 0.00 0.00 259,105.02
B-3 1,407.07 2,243.71 0.00 0.00 259,106.59
- -------------------------------------------------------------------------------
619,072.37 1,443,303.84 0.00 0.00 102,627,330.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 988.634717 8.091469 5.351470 13.442939 0.000000 980.543248
A-P 992.391032 3.861338 0.000000 3.861338 0.000000 988.529694
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.660731 3.198135 5.378675 8.576810 0.000000 990.462596
M-2 993.660723 3.198140 5.378676 8.576816 0.000000 990.462583
M-3 993.660748 3.198131 5.378675 8.576806 0.000000 990.462617
B-1 993.660720 3.198120 5.378656 8.576776 0.000000 990.462600
B-2 993.660742 3.198127 5.378670 8.576797 0.000000 990.462615
B-3 993.660742 3.198146 5.378675 8.576821 0.000000 990.462596
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8 (POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4381
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,508.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,164.79
SUBSERVICER ADVANCES THIS MONTH 10,724.92
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,163,090.34
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 102,627,330.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,013
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 491,235.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.72367460 % 3.47133400 % 0.80499170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.70318340 % 3.48383990 % 0.80884900 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,046,179.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,387,236.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.51092601
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 172.50
POOL TRADING FACTOR: 98.09733230
................................................................................
Run: 09/28/99 08:07:06 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9(POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4389
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FT29 165,986,000.00 165,316,843.35 7.000000 % 2,126,353.94
A-2 76110FT37 10,215,000.00 10,158,137.74 7.000000 % 57,076.47
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 9,806,862.26 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 36,845,536.75 7.000000 % 490,832.07
A-P 76110FT78 469,164.61 468,648.40 0.000000 % 484.47
A-V 76110FT86 0.00 0.00 0.773416 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,690,797.80 7.000000 % 7,397.12
M-2 76110FU35 3,250,000.00 3,247,812.01 7.000000 % 2,247.21
M-3 76110FU43 2,843,700.00 2,841,785.54 7.000000 % 1,966.27
B-1 76110FU50 1,624,500.00 1,623,406.34 7.000000 % 1,123.26
B-2 76110FU68 812,400.00 811,853.07 7.000000 % 561.73
B-3 76110FU76 1,083,312.85 1,082,583.53 7.000000 % 749.07
- -------------------------------------------------------------------------------
270,813,177.46 269,975,266.79 2,688,791.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 962,152.87 3,088,506.81 0.00 0.00 163,190,489.41
A-2 59,120.90 116,197.37 0.00 0.00 10,101,061.27
A-3 157,612.87 157,612.87 0.00 0.00 27,081,000.00
A-4 0.00 0.00 57,076.47 0.00 9,863,938.73
A-5 214,443.00 705,275.07 0.00 0.00 36,354,704.68
A-P 0.00 484.47 0.00 0.00 468,163.93
A-V 173,606.48 173,606.48 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,221.02 69,618.14 0.00 0.00 10,683,400.68
M-2 18,902.44 21,149.65 0.00 0.00 3,245,564.80
M-3 16,539.34 18,505.61 0.00 0.00 2,839,819.27
B-1 9,448.31 10,571.57 0.00 0.00 1,622,283.08
B-2 4,725.03 5,286.76 0.00 0.00 811,291.34
B-3 6,300.69 7,049.76 0.00 0.00 1,081,834.46
- -------------------------------------------------------------------------------
1,685,072.95 4,373,864.56 57,076.47 0.00 267,343,551.65
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 995.968596 12.810441 5.796590 18.607031 0.000000 983.158154
A-2 994.433455 5.587515 5.787655 11.375170 0.000000 988.845939
A-3 1000.000000 0.000000 5.820054 5.820054 0.000000 1000.000000
A-4 1005.832027 0.000000 0.000000 0.000000 5.853997 1011.686024
A-5 995.825318 13.265732 5.795757 19.061489 0.000000 982.559586
A-P 998.899725 1.032623 0.000000 1.032623 0.000000 997.867103
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 999.326771 0.691449 5.816136 6.507585 0.000000 998.635323
M-2 999.326772 0.691449 5.816135 6.507584 0.000000 998.635323
M-3 999.326771 0.691448 5.816134 6.507582 0.000000 998.635324
B-1 999.326771 0.691450 5.816134 6.507584 0.000000 998.635322
B-2 999.326773 0.691445 5.816137 6.507582 0.000000 998.635327
B-3 999.326769 0.691453 5.816132 6.507585 0.000000 998.635307
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:06 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9 (POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4389
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 55,879.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,325.94
SUBSERVICER ADVANCES THIS MONTH 49,792.68
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 52 6,854,621.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 267,343,551.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,932
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 2,444,838.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.46837110 % 6.22633900 % 1.30529000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.39937640 % 6.27237300 % 1.31724730 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,416,264.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,708,132.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08457729
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.12
POOL TRADING FACTOR: 98.71881205
................................................................................
Run: 09/28/99 08:07:06 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10(POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4390
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FV34 268,170,000.00 268,170,000.00 7.250000 % 1,914,102.00
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,602,000.00 7.250000 % 21,428.43
A-P 76110FV67 1,164,452.78 1,164,452.78 0.000000 % 926.67
A-V 76110FV75 0.00 0.00 0.671922 % 0.00
R 76110FV83 100.00 100.00 7.250000 % 100.00
M-1 76110FV91 13,932,800.00 13,932,800.00 7.250000 % 9,157.66
M-2 76110FW25 4,232,700.00 4,232,700.00 7.250000 % 2,782.04
M-3 76110FW33 3,703,600.00 3,703,600.00 7.250000 % 2,434.28
B-1 76110FU84 2,116,400.00 2,116,400.00 7.250000 % 1,391.05
B-2 76110FU92 1,058,200.00 1,058,200.00 7.250000 % 695.53
B-3 76110FV26 1,410,899.63 1,410,899.63 7.250000 % 927.34
- -------------------------------------------------------------------------------
352,721,152.41 352,721,152.41 1,953,945.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,619,988.24 3,534,090.24 0.00 0.00 266,255,898.00
A-2 146,975.11 146,975.11 0.00 0.00 24,330,000.00
A-3 196,945.44 218,373.87 0.00 0.00 32,580,571.57
A-P 0.00 926.67 0.00 0.00 1,163,526.11
A-V 197,476.01 197,476.01 0.00 0.00 0.00
R 0.60 100.60 0.00 0.00 0.00
M-1 84,166.65 93,324.31 0.00 0.00 13,923,642.34
M-2 25,569.32 28,351.36 0.00 0.00 4,229,917.96
M-3 22,373.08 24,807.36 0.00 0.00 3,701,165.72
B-1 12,784.96 14,176.01 0.00 0.00 2,115,008.95
B-2 6,392.48 7,088.01 0.00 0.00 1,057,504.47
B-3 8,523.11 9,450.45 0.00 0.00 1,409,972.29
- -------------------------------------------------------------------------------
2,321,195.00 4,275,140.00 0.00 0.00 350,767,207.41
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 7.137644 6.040900 13.178544 0.000000 992.862356
A-2 1000.000000 0.000000 6.040901 6.040901 0.000000 1000.000000
A-3 1000.000000 0.657273 6.040901 6.698174 0.000000 999.342727
A-P 1000.000000 0.795799 0.000000 0.795799 0.000000 999.204201
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 6.000000 1006.000000 0.000000 0.000000
M-1 1000.000000 0.657273 6.040900 6.698173 0.000000 999.342727
M-2 1000.000000 0.657273 6.040901 6.698174 0.000000 999.342727
M-3 1000.000000 0.657274 6.040901 6.698175 0.000000 999.342726
B-1 1000.000000 0.657272 6.040900 6.698172 0.000000 999.342728
B-2 1000.000000 0.657277 6.040900 6.698177 0.000000 999.342724
B-3 1000.000000 0.657276 6.040905 6.698181 0.000000 999.342731
_______________________________________________________________________________
DETERMINATION DATE 20-September-99
DISTRIBUTION DATE 27-September-99
Run: 09/28/99 08:07:06 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10 (POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4390
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 73,403.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 18,763.91
SUBSERVICER ADVANCES THIS MONTH 14,002.90
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,887,439.19
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 350,767,207.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,633
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 1,721,909.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.47501200 % 6.22064700 % 1.30434140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.43794810 % 6.23054994 % 1.31076590 %
BANKRUPTCY AMOUNT AVAILABLE 144,124.00
FRAUD AMOUNT AVAILABLE 7,054,423.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,527,212.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.22022082
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 356.46
POOL TRADING FACTOR: 99.44603691
................................................................................
