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)
October 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 October, 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
<PAGE>
1999-QS10 RALI
1999-QS11 RALI
1999-QS12 RALI
1999-QS2 RALI
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: October 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: October 25, 1999
<PAGE>
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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 27,104,757.31 7.500000 % 2,038,837.55
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 1,365,555.01 0.000000 % 0.00
- -------------------------------------------------------------------------------
258,459,514.42 81,679,312.32 2,038,837.55
===============================================================================
_______________________________________________________________________________
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-4 169,404.73 2,208,242.28 0.00 0.00 25,065,919.76
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 0.00 100,179.90 0.00 1,465,734.91
- -------------------------------------------------------------------------------
501,960.98 2,540,798.53 100,179.90 0.00 79,740,654.67
===============================================================================
_______________________________________________________________________________
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-4 589.233855 44.322555 3.682712 48.005267 0.000000 544.911299
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-October-99
DISTRIBUTION DATE 25-October-99
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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 16,600.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 570.81
SUBSERVICER ADVANCES THIS MONTH 53,786.92
MASTER SERVICER ADVANCES THIS MONTH 7,240.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 3,965,361.72
(B) TWO MONTHLY PAYMENTS: 7 667,025.14
(C) THREE OR MORE MONTHLY PAYMENTS: 4 317,054.98
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,175,648.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 79,740,654.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,015
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 859,060.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,655,956.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.32815070 % 1.67184930 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.16187250 % 1.83812750 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32747335
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 274.65
POOL TRADING FACTOR: 30.85228062
................................................................................
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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 17,183,371.93 6.900000 % 1,404,179.84
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 7,965,123.17 5.446336 % 70,644.06
R 0.53 1,459,959.74 0.000000 % 23,167.41
- -------------------------------------------------------------------------------
255,942,104.53 79,560,590.84 1,497,991.31
===============================================================================
_______________________________________________________________________________
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 98,804.39 1,502,984.23 0.00 0.00 15,779,192.09
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 37,608.64 108,252.70 0.00 0.00 7,894,479.11
R 117,550.46 140,717.87 0.00 0.00 1,436,792.33
- -------------------------------------------------------------------------------
562,293.49 2,060,284.80 0.00 0.00 78,062,599.53
===============================================================================
_______________________________________________________________________________
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-4 539.475447 44.084511 3.101984 47.186495 0.000000 495.390936
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 271.153425 2.404907 1.280296 3.685203 0.000000 268.748518
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
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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 17,122.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,443.57
SUBSERVICER ADVANCES THIS MONTH 46,738.46
MASTER SERVICER ADVANCES THIS MONTH 2,461.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,054,463.28
(B) TWO MONTHLY PAYMENTS: 3 369,548.54
(C) THREE OR MORE MONTHLY PAYMENTS: 4 584,877.54
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,817,741.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 78,062,599.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 817
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 300,544.89
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,166,090.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16497120 % 1.83502880 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.15943570 % 1.84056430 %
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 8.92546300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 286.64
POOL TRADING FACTOR: 30.50010067
................................................................................
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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 5,287,131.58 7.350000 % 1,087,768.59
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 93,274.53 0.000000 % 129.26
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 75,432,931.29 1,087,897.85
===============================================================================
_______________________________________________________________________________
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 32,383.68 1,120,152.27 0.00 0.00 4,199,362.99
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 0.00 129.26 0.00 0.00 93,145.27
R 74,570.94 74,570.94 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
527,580.10 1,615,477.95 0.00 0.00 74,345,033.44
===============================================================================
_______________________________________________________________________________
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-5 377.652256 77.697756 2.313120 80.010876 0.000000 299.954499
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-10 523.993607 0.726151 0.000000 0.726151 0.000000 523.267456
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
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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 15,518.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 148.95
SUBSERVICER ADVANCES THIS MONTH 49,872.36
MASTER SERVICER ADVANCES THIS MONTH 2,536.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,375,293.50
(B) TWO MONTHLY PAYMENTS: 8 910,601.28
(C) THREE OR MORE MONTHLY PAYMENTS: 9 470,907.54
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,462,762.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,345,033.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 820
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 318,150.23
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 992,907.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.58843500 % 2.41156500 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.55314630 % 2.44685370 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81244900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 290.48
POOL TRADING FACTOR: 40.86881091
................................................................................
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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 3,504,291.62 7.750000 % 2,196,407.24
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 8,186,027.06 7.750000 % 43,088.77
A-P 76110FBQ5 1,166,695.86 726,996.98 0.000000 % 3,997.63
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 11,964,940.77 7.750000 % 21,240.86
M-2 76110FBU6 5,568,000.00 5,317,539.20 7.750000 % 9,440.01
M-3 76110FBV4 4,176,000.00 3,988,154.41 7.750000 % 7,080.00
B-1 1,809,600.00 1,728,200.22 7.750000 % 3,068.00
B-2 696,000.00 664,692.38 7.750000 % 1,180.00
B-3 1,670,738.96 1,372,011.81 7.750000 % 2,435.57
A-V 76110FHY2 0.00 0.00 0.681332 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 114,909,416.45 2,287,938.08
===============================================================================
_______________________________________________________________________________
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 22,623.85 2,219,031.09 0.00 0.00 1,307,884.38
A-I-8 112,567.53 112,567.53 0.00 0.00 17,436,000.00
A-I-9 162,337.15 162,337.15 0.00 0.00 25,145,000.00
A-I-10 122,664.78 122,664.78 0.00 0.00 19,000,000.00
A-I-11 102,493.28 102,493.28 0.00 0.00 15,875,562.00
A-II 52,849.33 95,938.10 0.00 0.00 8,142,938.29
A-P 0.00 3,997.63 0.00 0.00 722,999.35
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 77,246.15 98,487.01 0.00 0.00 11,943,699.91
M-2 34,330.25 43,770.26 0.00 0.00 5,308,099.19
M-3 25,747.69 32,827.69 0.00 0.00 3,981,074.41
B-1 11,157.33 14,225.33 0.00 0.00 1,725,132.22
B-2 4,291.28 5,471.28 0.00 0.00 663,512.38
B-3 8,857.77 11,293.34 0.00 0.00 1,340,472.09
A-V 65,219.74 65,219.74 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
802,386.13 3,090,324.21 0.00 0.00 112,592,374.22
===============================================================================
Run: 10/26/99 07:46:00
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-7 435.478019 272.947339 2.811464 275.758803 0.000000 162.530680
A-I-8 1000.000000 0.000000 6.456041 6.456041 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.456041 6.456041 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.456041 6.456041 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.456041 6.456041 0.000000 1000.000000
A-II 398.318943 2.096630 2.571564 4.668194 0.000000 396.222313
A-P 623.124676 3.426455 0.000000 3.426455 0.000000 619.698222
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-1 955.017821 1.695403 6.165634 7.861037 0.000000 953.322418
M-2 955.017816 1.695404 6.165634 7.861038 0.000000 953.322412
M-3 955.017818 1.695402 6.165635 7.861037 0.000000 953.322416
B-1 955.017805 1.695402 6.165633 7.861035 0.000000 953.322403
B-2 955.017787 1.695402 6.165632 7.861034 0.000000 953.322385
B-3 821.200584 1.457780 5.301708 6.759488 0.000000 802.322878
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-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:00 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 23,776.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,345.55
SUBSERVICER ADVANCES THIS MONTH 39,322.20
MASTER SERVICER ADVANCES THIS MONTH 3,865.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,667,750.76
(B) TWO MONTHLY PAYMENTS: 7 753,947.08
(C) THREE OR MORE MONTHLY PAYMENTS: 9 649,735.24
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 724,654.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 112,592,374.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,211
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 481,303.03
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,070,319.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.07408630 % 18.51078400 % 3.27641070 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 77.68648460 % 18.85818081 % 3.33345630 %
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 8.70963200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 291.43
POOL TRADING FACTOR: 40.44197535
................................................................................
Run: 10/26/99 07:46:00 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 4,612,565.46 8.000000 % 1,651,791.96
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 1,581,730.71 7.250000 % 653,081.91
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,703,532.65 0.000000 % 95,266.44
A-V-1 0.00 0.00 0.922935 % 0.00
A-V-2 0.00 0.00 0.353001 % 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 12,653,927.64 8.000000 % 15,964.05
M-2 76110FCN1 5,570,800.00 5,328,029.93 8.000000 % 6,721.78
M-3 76110FCP6 4,456,600.00 4,262,385.70 8.000000 % 5,377.38
B-1 76110FCR2 2,228,400.00 2,131,288.50 8.000000 % 2,688.81
B-2 76110FCS0 696,400.00 667,374.52 8.000000 % 841.95
B-3 76110FCT8 1,671,255.97 825,704.62 8.000000 % 1,041.70
STRIP 0.00 0.00 0.184168 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 107,308,539.73 2,432,775.98
===============================================================================
_______________________________________________________________________________
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 30,740.06 1,682,532.02 0.00 0.00 2,960,773.50
A-I-7 120,266.06 120,266.06 0.00 0.00 18,046,000.00
A-I-8 60,606.21 60,606.21 0.00 0.00 9,094,000.00
A-I-9 68,536.86 68,536.86 0.00 0.00 10,284,000.00
A-I-10 181,230.64 181,230.64 0.00 0.00 27,538,000.00
A-II-1 9,553.06 662,634.97 0.00 0.00 928,648.80
A-II-2 54,679.04 54,679.04 0.00 0.00 8,580,000.00
A-P 0.00 95,266.44 0.00 0.00 1,608,266.21
A-V-1 55,978.15 55,978.15 0.00 0.00 0.00
A-V-2 10,145.68 10,145.68 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 84,331.04 100,295.09 0.00 0.00 12,637,963.59
M-2 35,508.21 42,229.99 0.00 0.00 5,321,308.15
M-3 28,406.31 33,783.69 0.00 0.00 4,257,008.32
B-1 14,203.79 16,892.60 0.00 0.00 2,128,599.69
B-2 4,447.66 5,289.61 0.00 0.00 666,532.57
B-3 5,502.84 6,544.54 0.00 0.00 824,662.92
STRIP 5,783.96 5,783.96 0.00 0.00 0.00
- -------------------------------------------------------------------------------
769,919.57 3,202,695.55 0.00 0.00 104,875,763.75
===============================================================================
Run: 10/26/99 07:46:00
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-6 172.040038 61.608741 1.146547 62.755288 0.000000 110.431297
A-I-7 1000.000000 0.000000 6.664416 6.664416 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.664417 6.664417 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664417 6.664417 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.581111 6.581111 0.000000 1000.000000
A-II-1 98.728588 40.764116 0.596284 41.360400 0.000000 57.964472
A-II-2 1000.000000 0.000000 6.372848 6.372848 0.000000 1000.000000
A-P 560.439321 31.341377 0.000000 31.341377 0.000000 529.097944
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-1 956.420970 1.206610 6.373987 7.580597 0.000000 955.214360
M-2 956.420968 1.206609 6.373988 7.580597 0.000000 955.214359
M-3 956.420971 1.206610 6.373987 7.580597 0.000000 955.214361
B-1 956.420975 1.206610 6.373986 7.580596 0.000000 955.214365
B-2 958.320678 1.209003 6.386646 7.595649 0.000000 957.111674
B-3 494.062331 0.623304 3.292637 3.915941 0.000000 493.439027
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:00 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 22,021.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 40,039.89
MASTER SERVICER ADVANCES THIS MONTH 5,528.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,940,508.94
(B) TWO MONTHLY PAYMENTS: 7 845,474.74
(C) THREE OR MORE MONTHLY PAYMENTS: 5 595,231.51
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 340,352.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 104,875,763.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,245
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 670,484.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,287,292.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.50427610 % 20.72933200 % 3.37752020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.98140670 % 21.18342624 % 3.50526090 %
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 8.94758500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.74
POOL TRADING FACTOR: 37.65252654
................................................................................
Run: 10/26/99 07:45:02 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 46,744,171.46 5.742500 % 902,743.19
R 973,833.13 2,400,698.35 0.000000 % 41,744.60
- -------------------------------------------------------------------------------
139,119,013.13 49,144,869.81 944,487.79
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 208,673.66 1,111,416.85 0.00 0.00 45,841,428.27
R 66,855.10 108,599.70 0.00 0.00 2,358,953.75
- -------------------------------------------------------------------------------
275,528.76 1,220,016.55 0.00 0.00 48,200,382.02
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 338.369905 6.534743 1.510539 8.045282 0.000000 331.835163
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:02 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 15,004.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,163.50
SUBSERVICER ADVANCES THIS MONTH 15,111.44
MASTER SERVICER ADVANCES THIS MONTH 571.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,393,935.94
(B) TWO MONTHLY PAYMENTS: 2 97,482.63
(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 48,200,382.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 621
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 85,421.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 831,089.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.11505810 % 4.88494190 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.10594390 % 4.89405610 %
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 7.33801159
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 246.86
POOL TRADING FACTOR: 34.64686885
................................................................................
Run: 10/26/99 07:46:01 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 3,038,093.04 8.000000 % 1,307,044.34
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 1,691,701.67 8.000000 % 88,560.23
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 672,568.34 0.000000 % 1,289.69
A-V-1 796QS5AV1 0.00 0.00 1.016841 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.400012 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,425,563.69 8.000000 % 9,223.99
M-2 76110FDK6 3,958,800.00 3,716,702.01 8.000000 % 4,616.86
M-3 76110FDL4 2,815,100.00 2,646,160.91 8.000000 % 3,287.04
B-1 76110FDM2 1,407,600.00 1,335,915.83 8.000000 % 1,659.47
B-2 76110FDN0 439,800.00 421,908.22 8.000000 % 524.09
B-3 76110FDP5 1,055,748.52 685,820.73 8.000000 % 851.92
- -------------------------------------------------------------------------------
175,944,527.21 66,773,434.44 1,417,057.63
===============================================================================
_______________________________________________________________________________
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 20,248.79 1,327,293.13 0.00 0.00 1,731,048.70
A-I-8 45,881.64 45,881.64 0.00 0.00 6,884,000.00
A-I-9 74,840.93 74,840.93 0.00 0.00 11,229,000.00
A-I-10 149,968.45 149,968.45 0.00 0.00 22,501,000.00
A-II-1 11,275.14 99,835.37 0.00 0.00 1,603,141.44
A-II-2 30,158.98 30,158.98 0.00 0.00 4,525,000.00
A-P 0.00 1,289.69 0.00 0.00 671,278.65
A-V-1 40,813.57 40,813.57 0.00 0.00 0.00
A-V-2 6,197.29 6,197.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,491.15 58,715.14 0.00 0.00 7,416,339.70
M-2 24,771.70 29,388.56 0.00 0.00 3,712,085.15
M-3 17,636.58 20,923.62 0.00 0.00 2,642,873.87
B-1 8,903.84 10,563.31 0.00 0.00 1,334,256.36
B-2 2,812.00 3,336.09 0.00 0.00 421,384.13
B-3 4,570.98 5,422.90 0.00 0.00 684,968.81
- -------------------------------------------------------------------------------
487,571.04 1,904,628.67 0.00 0.00 65,356,376.81
===============================================================================
Run: 10/26/99 07:46:01
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-7 179.492676 77.221100 1.196313 78.417413 0.000000 102.271576
A-I-8 1000.000000 0.000000 6.664968 6.664968 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664968 6.664968 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.664968 6.664968 0.000000 1000.000000
A-II-1 151.559010 7.934083 1.010136 8.944219 0.000000 143.624927
A-II-2 1000.000000 0.000000 6.664968 6.664968 0.000000 1000.000000
A-P 608.175513 1.166212 0.000000 1.166212 0.000000 607.009301
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-1 937.748777 1.164866 6.250066 7.414932 0.000000 936.583911
M-2 938.845612 1.166227 6.257376 7.423603 0.000000 937.679385
M-3 939.988246 1.167646 6.264992 7.432638 0.000000 938.820600
B-1 949.073480 1.178936 6.325547 7.504483 0.000000 947.894544
B-2 959.318372 1.191655 6.393815 7.585470 0.000000 958.126717
B-3 649.606149 0.806935 4.329611 5.136546 0.000000 648.799213
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:01 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 13,754.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 197.96
SUBSERVICER ADVANCES THIS MONTH 41,328.47
MASTER SERVICER ADVANCES THIS MONTH 267.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 2,231,487.56
(B) TWO MONTHLY PAYMENTS: 8 1,524,173.62
(C) THREE OR MORE MONTHLY PAYMENTS: 2 81,096.44
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 932,945.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,356,376.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 770
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 34,160.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,328,743.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.44348150 % 20.64956900 % 3.65960630 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.93718260 % 21.07108654 % 3.77306270 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 651,277.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,655,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.08890200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.25
POOL TRADING FACTOR: 37.14601292
................................................................................
Run: 10/26/99 07:46:01 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 11,005,010.74 8.000000 % 2,887,906.94
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 9,075,865.68 8.000000 % 441,431.09
A-P 76110FED1 601,147.92 312,980.12 0.000000 % 632.99
A-V-1 796QS7AV1 0.00 0.00 0.888117 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.502880 % 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 8,678,194.70 8.000000 % 10,072.53
M-2 76110FEH2 5,126,400.00 4,880,948.95 8.000000 % 5,665.18
M-3 76110FEJ8 3,645,500.00 3,470,954.15 8.000000 % 4,028.64
B-1 1,822,700.00 1,735,429.48 8.000000 % 2,014.26
B-2 569,600.00 542,327.69 8.000000 % 629.46
B-3 1,366,716.75 1,018,651.25 8.000000 % 905.39
- -------------------------------------------------------------------------------
227,839,864.67 91,410,362.76 3,353,286.48
===============================================================================
_______________________________________________________________________________
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 73,074.73 2,960,981.67 0.00 0.00 8,117,103.80
A-I-10 77,357.55 77,357.55 0.00 0.00 11,650,000.00
A-I-11 201,999.47 201,999.47 0.00 0.00 30,421,000.00
A-I-12 57,231.30 57,231.30 0.00 0.00 8,619,000.00
A-II 60,264.95 501,696.04 0.00 0.00 8,634,434.59
A-P 0.00 632.99 0.00 0.00 312,347.13
A-V-1 51,984.76 51,984.76 0.00 0.00 0.00
A-V-2 8,719.13 8,719.13 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 57,624.36 67,696.89 0.00 0.00 8,668,122.17
M-2 32,410.15 38,075.33 0.00 0.00 4,875,283.77
M-3 23,047.59 27,076.23 0.00 0.00 3,466,925.51
B-1 11,523.48 13,537.74 0.00 0.00 1,733,415.22
B-2 3,601.13 4,230.59 0.00 0.00 541,698.23
B-3 6,763.98 7,669.37 0.00 0.00 1,017,468.93
- -------------------------------------------------------------------------------
665,602.58 4,018,889.06 0.00 0.00 88,056,799.35
===============================================================================
Run: 10/26/99 07:46:01
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-9 488.547045 128.203274 3.244017 131.447291 0.000000 360.343772
A-I-10 1000.000000 0.000000 6.640133 6.640133 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.640132 6.640132 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.640132 6.640132 0.000000 1000.000000
A-II 451.445766 21.957376 2.997660 24.955036 0.000000 429.488390
A-P 520.637450 1.052963 0.000000 1.052963 0.000000 519.584487
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-1 952.120192 1.105098 6.322204 7.427302 0.000000 951.015093
M-2 952.120192 1.105099 6.322205 7.427304 0.000000 951.015093
M-3 952.120189 1.105099 6.322203 7.427302 0.000000 951.015090
B-1 952.120195 1.105097 6.322203 7.427300 0.000000 951.015099
B-2 952.120242 1.105091 6.322209 7.427300 0.000000 951.015151
B-3 745.327260 0.662456 4.949072 5.611528 0.000000 744.462177
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:01 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 18,625.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,644.33
MASTER SERVICER ADVANCES THIS MONTH 3,062.89
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,763,570.85
(B) TWO MONTHLY PAYMENTS: 4 420,063.24
(C) THREE OR MORE MONTHLY PAYMENTS: 5 740,989.76
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 682,820.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,056,799.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,003
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 370,070.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,238,149.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 77.68705790 % 18.63038000 % 3.60616490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 76.86131340 % 19.31745371 % 3.75246790 %
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 9.09077000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 290.07
POOL TRADING FACTOR: 38.64854795
................................................................................
Run: 10/26/99 07:45:03 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 4,000,000.00 118,205.38 7.400000 % 44,255.44
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 1,148,218.86 7.300000 % 429,886.66
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 482,706.61 7.400000 % 180,722.61
A-7 76110FER0 31,579,563.00 3,353,430.60 5.880000 % 297,620.15
A-8 76110FES8 0.00 0.00 3.120000 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 9,899,338.04 7.400000 % 285,240.14
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 62,941.24 0.000000 % 126.08
A-15-1 96QS8A151 0.00 0.00 0.992875 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.515288 % 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 6,343,108.10 7.750000 % 5,513.33
M-2 76110FFC2 4,440,700.00 4,228,770.50 7.750000 % 3,675.58
M-3 76110FFD0 3,108,500.00 2,960,148.87 7.750000 % 2,572.92
B-1 1,509,500.00 1,437,460.10 7.750000 % 1,249.42
B-2 444,000.00 422,810.39 7.750000 % 367.50
B-3 1,154,562.90 924,710.13 7.750000 % 803.74
- -------------------------------------------------------------------------------
177,623,205.60 68,003,806.82 1,252,033.57
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 728.74 44,984.18 0.00 0.00 73,949.94
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 6,983.15 436,869.81 0.00 0.00 718,332.20
A-5 0.00 0.00 0.00 0.00 0.00
A-6 2,975.90 183,698.51 0.00 0.00 301,984.00
A-7 16,427.46 314,047.61 0.00 0.00 3,055,810.45
A-8 8,716.61 8,716.61 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 61,029.75 346,269.89 0.00 0.00 9,614,097.90
A-11 90,231.30 90,231.30 0.00 0.00 13,975,000.00
A-12 12,913.25 12,913.25 0.00 0.00 2,000,000.00
A-13 133,309.62 133,309.62 0.00 0.00 20,646,958.00
A-14 0.00 126.08 0.00 0.00 62,815.16
A-15-1 46,055.80 46,055.80 0.00 0.00 0.00
A-15-2 5,291.26 5,291.26 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 40,955.06 46,468.39 0.00 0.00 6,337,594.77
M-2 27,303.58 30,979.16 0.00 0.00 4,225,094.92
M-3 19,112.57 21,685.49 0.00 0.00 2,957,575.95
B-1 9,281.14 10,530.56 0.00 0.00 1,436,210.68
B-2 2,729.93 3,097.43 0.00 0.00 422,442.89
B-3 5,970.51 6,774.25 0.00 0.00 923,906.39
- -------------------------------------------------------------------------------
490,015.63 1,742,049.20 0.00 0.00 66,751,773.25
===============================================================================
Run: 10/26/99 07:45:03
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 29.551345 11.063859 0.182185 11.246044 0.000000 18.487486
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-4 304.959821 114.175236 1.854681 116.029917 0.000000 190.784585
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 185.620692 69.495331 1.144357 70.639688 0.000000 116.125361
A-7 106.189899 9.424454 0.520193 9.944647 0.000000 96.765445
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-10 472.438236 13.612865 2.912598 16.525463 0.000000 458.825371
A-11 1000.000000 0.000000 6.456623 6.456623 0.000000 1000.000000
A-12 1000.000000 0.000000 6.456625 6.456625 0.000000 1000.000000
A-13 1000.000000 0.000000 6.456623 6.456623 0.000000 1000.000000
A-14 543.418114 1.088542 0.000000 1.088542 0.000000 542.329572
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-1 952.275649 0.827703 6.148485 6.976188 0.000000 951.447946
M-2 952.275655 0.827703 6.148486 6.976189 0.000000 951.447952
M-3 952.275654 0.827705 6.148486 6.976191 0.000000 951.447949
B-1 952.275654 0.827705 6.148486 6.976191 0.000000 951.447950
B-2 952.275653 0.827703 6.148491 6.976194 0.000000 951.447951
B-3 800.917932 0.696142 5.171230 5.867372 0.000000 800.221790
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:03 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 14,003.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 27,806.15
MASTER SERVICER ADVANCES THIS MONTH 1,342.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 2,118,020.11
(B) TWO MONTHLY PAYMENTS: 3 165,674.78
(C) THREE OR MORE MONTHLY PAYMENTS: 4 492,096.99
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 686,761.55
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,751,773.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 759
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 162,281.95
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,192,880.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.98351460 % 19.91736100 % 4.09912440 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.55393570 % 20.25454153 % 4.17244480 %
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 8.97745651
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.33
POOL TRADING FACTOR: 37.58054756
................................................................................
Run: 10/26/99 07:45:05 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 7,945,068.83 11.000000 % 603,549.32
A-7 76110FFL2 17,652,000.00 2,634,706.04 6.750000 % 2,280,075.25
A-8 76110FFM0 5,655,589.00 5,106,519.21 6.750000 % 536,488.31
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 212,947.62 128,824.21 0.000000 % 155.85
A-13-1 0.00 0.00 1.015182 % 0.00
A-13-2 0.00 0.00 0.644277 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,143,845.55 7.500000 % 7,575.29
M-2 76110FFW8 6,251,000.00 6,095,571.99 7.500000 % 5,049.92
M-3 76110FFW8 4,375,700.00 4,266,900.39 7.500000 % 3,534.95
B-1 1,624,900.00 1,584,497.66 7.500000 % 1,312.69
B-2 624,800.00 609,264.67 7.500000 % 504.75
B-3 1,500,282.64 1,355,602.07 7.500000 % 1,123.05
- -------------------------------------------------------------------------------
250,038,730.26 115,712,565.62 3,439,369.38
===============================================================================
_______________________________________________________________________________
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 72,802.61 676,351.93 0.00 0.00 7,341,519.51
A-7 14,814.69 2,294,889.94 0.00 0.00 354,630.79
A-8 28,713.45 565,201.76 0.00 0.00 4,570,030.90
A-9 107,217.46 107,217.46 0.00 0.00 19,068,000.00
A-10 57,734.62 57,734.62 0.00 0.00 10,267,765.00
A-11 296,801.67 296,801.67 0.00 0.00 47,506,000.00
A-12 0.00 155.85 0.00 0.00 128,668.36
A-13-1 78,314.16 78,314.16 0.00 0.00 0.00
A-13-2 12,401.17 12,401.17 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 57,127.70 64,702.99 0.00 0.00 9,136,270.26
M-2 38,083.10 43,133.02 0.00 0.00 6,090,522.07
M-3 26,658.18 30,193.13 0.00 0.00 4,263,365.44
B-1 9,899.41 11,212.10 0.00 0.00 1,583,184.97
B-2 3,806.48 4,311.23 0.00 0.00 608,759.92
B-3 8,469.35 9,592.40 0.00 0.00 1,304,980.45
- -------------------------------------------------------------------------------
812,844.05 4,252,213.43 0.00 0.00 112,223,697.67
===============================================================================
Run: 10/26/99 07:45:05
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-6 252.131191 19.153215 2.310340 21.463555 0.000000 232.977976
A-7 149.258217 129.168097 0.839264 130.007361 0.000000 20.090120
A-8 902.915542 94.859847 5.077004 99.936851 0.000000 808.055695
A-9 1000.000000 0.000000 5.622900 5.622900 0.000000 1000.000000
A-10 1000.000000 0.000000 5.622900 5.622900 0.000000 1000.000000
A-11 1000.000000 0.000000 6.247667 6.247667 0.000000 1000.000000
A-12 604.957266 0.731870 0.000000 0.731870 0.000000 604.225396
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-1 975.135496 0.807859 6.092322 6.900181 0.000000 974.327638
M-2 975.135497 0.807858 6.092321 6.900179 0.000000 974.327639
M-3 975.135496 0.807859 6.092324 6.900183 0.000000 974.327637
B-1 975.135491 0.807859 6.092320 6.900179 0.000000 974.327633
B-2 975.135515 0.807859 6.092318 6.900177 0.000000 974.327657
B-3 903.564458 0.748559 5.645170 6.393729 0.000000 869.823069
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:05 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 24,040.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,799.00
MASTER SERVICER ADVANCES THIS MONTH 2,305.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,527,273.51
(B) TWO MONTHLY PAYMENTS: 9 1,309,963.37
(C) THREE OR MORE MONTHLY PAYMENTS: 5 744,168.67
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 986,663.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 112,223,697.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,206
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 282,957.73
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,281,887.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.05283260 % 16.87635100 % 3.07081630 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.49321820 % 17.36723898 % 3.11960790 %
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 8.76800444
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.04
POOL TRADING FACTOR: 44.88252582
................................................................................
Run: 10/26/99 07:45:06 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 5,527,965.11 9.000000 % 333,678.04
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 5,242,401.33 7.250000 % 719,485.70
A-5 76110FGC1 10,000,000.00 1,206,082.37 7.250000 % 114,709.45
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 78,787.20 0.000000 % 87.57
A-10-1 97QS2A101 0.00 0.00 0.787380 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.439564 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,793,034.89 7.750000 % 4,085.44
M-2 76110FGL1 4,109,600.00 3,994,130.96 7.750000 % 3,404.48
M-3 76110FGM9 2,630,200.00 2,556,298.24 7.750000 % 2,178.91
B-1 1,068,500.00 1,038,477.93 7.750000 % 885.17
B-2 410,900.00 399,354.80 7.750000 % 340.40
B-3 821,738.81 701,031.04 7.750000 % 592.82
- -------------------------------------------------------------------------------
164,383,983.57 74,309,776.87 1,179,447.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 41,441.35 375,119.39 0.00 0.00 5,194,287.07
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 31,658.79 751,144.49 0.00 0.00 4,522,915.63
A-5 7,283.52 121,992.97 0.00 0.00 1,091,372.92
A-6 44,515.97 44,515.97 0.00 0.00 7,371,430.00
A-7 67,141.92 67,141.92 0.00 0.00 10,400,783.00
A-8 200,119.52 200,119.52 0.00 0.00 31,000,000.00
A-9 0.00 87.57 0.00 0.00 78,699.63
A-10-1 39,041.30 39,041.30 0.00 0.00 0.00
A-10-2 5,412.58 5,412.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,941.29 35,026.73 0.00 0.00 4,788,949.45
M-2 25,783.99 29,188.47 0.00 0.00 3,990,726.48
M-3 16,502.11 18,681.02 0.00 0.00 2,554,119.33
B-1 6,703.87 7,589.04 0.00 0.00 1,037,592.76
B-2 2,578.03 2,918.43 0.00 0.00 399,014.40
B-3 4,525.48 5,118.30 0.00 0.00 700,433.51
- -------------------------------------------------------------------------------
523,649.72 1,703,097.70 0.00 0.00 73,130,324.18
===============================================================================
Run: 10/26/99 07:45:06
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-1 177.699107 10.726242 1.332152 12.058394 0.000000 166.972865
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-4 288.044029 39.532181 1.739494 41.271675 0.000000 248.511848
A-5 120.608237 11.470945 0.728352 12.199297 0.000000 109.137292
A-6 1000.000000 0.000000 6.038987 6.038987 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455468 6.455468 0.000000 1000.000000
A-8 1000.000000 0.000000 6.455468 6.455468 0.000000 1000.000000
A-9 603.447748 0.670717 0.000000 0.670717 0.000000 602.777031
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-1 971.902606 0.828421 6.274088 7.102509 0.000000 971.074185
M-2 971.902609 0.828421 6.274088 7.102509 0.000000 971.074187
M-3 971.902608 0.828420 6.274089 7.102509 0.000000 971.074188
B-1 971.902602 0.828423 6.274095 7.102518 0.000000 971.074179
B-2 971.902653 0.828425 6.274106 7.102531 0.000000 971.074227
B-3 853.106889 0.721421 5.507200 6.228621 0.000000 852.379736
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:07 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 15,401.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,337.91
SUBSERVICER ADVANCES THIS MONTH 26,623.97
MASTER SERVICER ADVANCES THIS MONTH 2,450.50
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,800,259.85
(B) TWO MONTHLY PAYMENTS: 1 150,463.06
(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 73,130,324.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 837
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 289,678.37
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,116,109.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.83733250 % 15.28130500 % 2.88136230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.55984070 % 15.49807879 % 2.92538420 %
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 8.78320186
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.38
POOL TRADING FACTOR: 44.48749969
................................................................................
Run: 10/26/99 07:45:07 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 2,515,351.43 7.500000 % 1,113,963.53
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 15,374,000.00 359,335.92 9.500000 % 159,137.65
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 69,856.88 0.000000 % 540.43
A-10-1 97QS3A101 0.00 0.00 0.798214 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.508837 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,196,017.00 7.750000 % 4,097.63
M-2 76110FHE6 4,112,900.00 3,996,988.50 7.750000 % 3,152.06
M-3 76110FHF3 2,632,200.00 2,558,018.18 7.750000 % 2,017.28
B-1 1,069,400.00 1,039,261.71 7.750000 % 819.57
B-2 411,200.00 399,611.39 7.750000 % 315.14
B-3 823,585.68 536,995.83 7.750000 % 423.49
- -------------------------------------------------------------------------------
164,514,437.18 75,799,436.84 1,284,466.78
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-3 15,707.18 1,129,670.71 0.00 0.00 1,401,387.90
A-4 151,573.39 151,573.39 0.00 0.00 23,490,000.00
A-5 46,059.21 46,059.21 0.00 0.00 7,138,000.00
A-6 6,452.67 6,452.67 0.00 0.00 1,000,000.00
A-7 2,842.25 161,979.90 0.00 0.00 200,198.27
A-8 177,448.63 177,448.63 0.00 0.00 27,500,000.00
A-9 0.00 540.43 0.00 0.00 69,316.45
A-10-1 38,384.13 38,384.13 0.00 0.00 0.00
A-10-2 7,644.44 7,644.44 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,528.22 37,625.85 0.00 0.00 5,191,919.37
M-2 25,791.27 28,943.33 0.00 0.00 3,993,836.44
M-3 16,506.06 18,523.34 0.00 0.00 2,556,000.90
B-1 6,706.02 7,525.59 0.00 0.00 1,038,442.14
B-2 2,578.56 2,893.70 0.00 0.00 399,296.25
B-3 3,465.06 3,888.55 0.00 0.00 536,572.34
- -------------------------------------------------------------------------------
534,687.09 1,819,153.87 0.00 0.00 74,514,970.06
===============================================================================
Run: 10/26/99 07:45:07
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-3 149.536379 66.224572 0.933784 67.158356 0.000000 83.311807
A-4 1000.000000 0.000000 6.452677 6.452677 0.000000 1000.000000
A-5 1000.000000 0.000000 6.452677 6.452677 0.000000 1000.000000
A-6 1000.000000 0.000000 6.452670 6.452670 0.000000 1000.000000
A-7 23.372962 10.351089 0.184874 10.535963 0.000000 13.021873
A-8 1000.000000 0.000000 6.452677 6.452677 0.000000 1000.000000
A-9 650.730358 5.034210 0.000000 5.034210 0.000000 645.696148
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-1 971.817570 0.766385 6.270825 7.037210 0.000000 971.051185
M-2 971.817574 0.766384 6.270824 7.037208 0.000000 971.051190
M-3 971.817559 0.766386 6.270823 7.037209 0.000000 971.051174
B-1 971.817571 0.766383 6.270825 7.037208 0.000000 971.051188
B-2 971.817583 0.766391 6.270817 7.037208 0.000000 971.051192
B-3 652.021815 0.514191 4.207285 4.721476 0.000000 651.507609
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:07 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 15,599.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 34,383.14
MASTER SERVICER ADVANCES THIS MONTH 479.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,367,095.21
(B) TWO MONTHLY PAYMENTS: 1 232,289.99
(C) THREE OR MORE MONTHLY PAYMENTS: 1 462,296.00
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,286,913.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,514,970.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 792
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 60,479.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,224,667.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.87380330 % 15.51708600 % 2.60911120 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.57573110 % 15.75758093 % 2.65201610 %
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 8.80138399
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.72
POOL TRADING FACTOR: 45.29387897
................................................................................
Run: 10/26/99 07:45:08 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 4,645,269.75 7.250000 % 1,558,992.80
A-4 76110FHN6 24,498,244.00 2,996,182.01 10.000000 % 346,442.80
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 155,284.33 120,222.85 0.000000 % 120.34
A-9-1 797QS4A91 0.00 0.00 0.804228 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.477477 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,024,512.37 7.750000 % 5,764.31
M-2 76110FHW6 4,975,300.00 4,863,086.35 7.750000 % 3,990.65
M-3 76110FHX4 3,316,900.00 3,242,090.16 7.750000 % 2,660.46
B-1 1,216,200.00 1,188,769.65 7.750000 % 975.50
B-2 552,900.00 540,429.81 7.750000 % 443.48
B-3 995,114.30 842,778.06 7.750000 % 691.58
- -------------------------------------------------------------------------------
221,126,398.63 102,288,541.01 1,920,081.92
===============================================================================
_______________________________________________________________________________
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 28,053.49 1,587,046.29 0.00 0.00 3,086,276.95
A-4 24,957.79 371,400.59 0.00 0.00 2,649,739.21
A-5 110,423.41 110,423.41 0.00 0.00 17,675,100.00
A-6 46,158.51 46,158.51 0.00 0.00 7,150,100.00
A-7 335,693.58 335,693.58 0.00 0.00 52,000,000.00
A-8 0.00 120.34 0.00 0.00 120,102.51
A-9-1 54,611.37 54,611.37 0.00 0.00 0.00
A-9-2 8,260.19 8,260.19 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,347.76 51,112.07 0.00 0.00 7,018,748.06
M-2 31,394.36 35,385.01 0.00 0.00 4,859,095.70
M-3 20,929.79 23,590.25 0.00 0.00 3,239,429.70
B-1 7,674.28 8,649.78 0.00 0.00 1,187,794.15
B-2 3,488.83 3,932.31 0.00 0.00 539,986.33
B-3 5,440.67 6,132.25 0.00 0.00 824,792.35
- -------------------------------------------------------------------------------
722,434.03 2,642,515.95 0.00 0.00 100,351,164.96
===============================================================================
Run: 10/26/99 07:45:08
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-3 207.391576 69.602411 1.252469 70.854880 0.000000 137.789165
A-4 122.301909 14.141536 1.018758 15.160294 0.000000 108.160373
A-5 1000.000000 0.000000 6.247399 6.247399 0.000000 1000.000000
A-6 1000.000000 0.000000 6.455645 6.455645 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455646 6.455646 0.000000 1000.000000
A-8 774.211087 0.774966 0.000000 0.774966 0.000000 773.436122
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-1 977.445853 0.802091 6.310044 7.112135 0.000000 976.643762
M-2 977.445853 0.802092 6.310044 7.112136 0.000000 976.643760
M-3 977.445856 0.802092 6.310046 7.112138 0.000000 976.643764
B-1 977.445856 0.802088 6.310048 7.112136 0.000000 976.643768
B-2 977.445849 0.802098 6.310056 7.112154 0.000000 976.643751
B-3 846.915837 0.694975 5.467382 6.162357 0.000000 828.841821
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:08 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 21,177.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,425.04
SUBSERVICER ADVANCES THIS MONTH 29,763.70
MASTER SERVICER ADVANCES THIS MONTH 439.45
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,501,522.19
(B) TWO MONTHLY PAYMENTS: 9 800,456.83
(C) THREE OR MORE MONTHLY PAYMENTS: 4 276,958.08
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 203,396.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,351,164.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,071
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 53,085.85
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,782,587.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.67401610 % 14.80859200 % 2.51739240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.37088800 % 15.06437266 % 2.54668840 %
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 8.80386392
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.43
POOL TRADING FACTOR: 45.38181130
................................................................................
Run: 10/26/99 07:45:08 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 2,847,484.71 10.000000 % 489,744.29
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 7,593,292.58 7.250000 % 1,305,984.76
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 340,158.57 202,881.54 0.000000 % 8,379.52
A-11-1 0.00 0.00 0.706673 % 0.00
A-11-2 0.00 0.00 0.356910 % 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 6,576,918.30 8.000000 % 4,977.84
M-2 76110FJP9 4,330,000.00 4,231,509.11 8.000000 % 3,202.68
M-3 76110FJQ7 2,886,000.00 2,820,354.58 8.000000 % 2,134.63
B-1 1,058,000.00 1,033,934.53 8.000000 % 782.55
B-2 481,000.00 470,059.10 8.000000 % 355.77
B-3 866,066.26 598,334.38 8.000000 % 452.87
- -------------------------------------------------------------------------------
192,360,424.83 92,201,768.83 1,816,014.91
===============================================================================
_______________________________________________________________________________
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 23,722.38 513,466.67 0.00 0.00 2,357,740.42
A-4 0.00 0.00 0.00 0.00 0.00
A-5 45,863.27 1,351,848.03 0.00 0.00 6,287,307.82
A-6 120,919.39 120,919.39 0.00 0.00 18,143,000.00
A-7 31,771.08 31,771.08 0.00 0.00 4,767,000.00
A-8 26,815.60 26,815.60 0.00 0.00 0.00
A-9 259,217.44 259,217.44 0.00 0.00 42,917,000.00
A-10 0.00 8,379.52 0.00 0.00 194,502.02
A-11-1 41,233.90 41,233.90 0.00 0.00 0.00
A-11-2 6,589.94 6,589.94 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 43,833.81 48,811.65 0.00 0.00 6,571,940.46
M-2 28,202.14 31,404.82 0.00 0.00 4,228,306.43
M-3 18,797.08 20,931.71 0.00 0.00 2,818,219.95
B-1 6,890.97 7,673.52 0.00 0.00 1,033,151.98
B-2 3,132.85 3,488.62 0.00 0.00 469,703.33
B-3 3,987.78 4,440.65 0.00 0.00 597,881.51
- -------------------------------------------------------------------------------
660,977.63 2,476,992.54 0.00 0.00 90,385,753.92
===============================================================================
Run: 10/26/99 07:45:08
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 95.052688 16.348292 0.791883 17.140175 0.000000 78.704396
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 644.313445 110.816689 3.891635 114.708324 0.000000 533.496756
A-6 1000.000000 0.000000 6.664796 6.664796 0.000000 1000.000000
A-7 1000.000000 0.000000 6.664795 6.664795 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.039971 6.039971 0.000000 1000.000000
A-10 596.432246 24.634158 0.000000 24.634158 0.000000 571.798088
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-1 977.253834 0.739649 6.513196 7.252845 0.000000 976.514184
M-2 977.253836 0.739649 6.513196 7.252845 0.000000 976.514187
M-3 977.253839 0.739650 6.513195 7.252845 0.000000 976.514189
B-1 977.253809 0.739650 6.513204 7.252854 0.000000 976.514159
B-2 977.253846 0.739647 6.513202 7.252849 0.000000 976.514200
B-3 690.864438 0.522893 4.604474 5.127367 0.000000 690.341533
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:09 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 18,883.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 96.86
SUBSERVICER ADVANCES THIS MONTH 25,799.29
MASTER SERVICER ADVANCES THIS MONTH 6,278.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,510,220.56
(B) TWO MONTHLY PAYMENTS: 3 186,978.01
(C) THREE OR MORE MONTHLY PAYMENTS: 1 101,076.38
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 435,854.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 90,385,753.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 946
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 760,608.50
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,746,197.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.90076060 % 14.81407300 % 2.28516680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.57125460 % 15.06705012 % 2.32920240 %
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 8.92995311
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.22
POOL TRADING FACTOR: 46.98770758
................................................................................
Run: 10/26/99 07:45:09 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 13,427,863.35 7.500000 % 960,567.69
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 19,364,089.36 7.500000 % 78,719.37
A-6 76110FJW4 164,986.80 80,346.17 0.000000 % 357.96
A-7-1 0.00 0.00 0.845706 % 0.00
A-7-2 0.00 0.00 0.298550 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,418,953.10 7.500000 % 9,833.59
M-2 76110FKA0 1,061,700.00 967,526.55 7.500000 % 3,933.21
M-3 76110FKB8 690,100.00 628,887.71 7.500000 % 2,556.57
B-1 371,600.00 338,638.84 7.500000 % 1,376.64
B-2 159,300.00 145,169.98 7.500000 % 590.15
B-3 372,446.48 332,468.19 7.500000 % 1,351.55
- -------------------------------------------------------------------------------
106,172,633.28 58,495,943.25 1,059,286.73
===============================================================================
_______________________________________________________________________________
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 83,855.08 1,044,422.77 0.00 0.00 12,467,295.66
A-3 117,066.07 117,066.07 0.00 0.00 18,746,000.00
A-4 12,776.98 12,776.98 0.00 0.00 2,046,000.00
A-5 120,925.95 199,645.32 0.00 0.00 19,285,369.99
A-6 0.00 357.96 0.00 0.00 79,988.21
A-7-1 34,779.51 34,779.51 0.00 0.00 0.00
A-7-2 2,263.52 2,263.52 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,106.02 24,939.61 0.00 0.00 2,409,119.51
M-2 6,042.06 9,975.27 0.00 0.00 963,593.34
M-3 3,927.31 6,483.88 0.00 0.00 626,331.14
B-1 2,114.75 3,491.39 0.00 0.00 337,262.20
B-2 906.56 1,496.71 0.00 0.00 144,579.83
B-3 2,076.22 3,427.77 0.00 0.00 331,116.64
- -------------------------------------------------------------------------------
401,840.03 1,461,126.76 0.00 0.00 57,436,656.52
===============================================================================
_______________________________________________________________________________
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-2 856.205021 61.248976 5.346878 66.595854 0.000000 794.956045
A-3 1000.000000 0.000000 6.244856 6.244856 0.000000 1000.000000
A-4 1000.000000 0.000000 6.244858 6.244858 0.000000 1000.000000
A-5 910.094908 3.699740 5.683412 9.383152 0.000000 906.395168
A-6 486.985444 2.169628 0.000000 2.169628 0.000000 484.815816
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-1 911.299390 3.704638 5.690936 9.395574 0.000000 907.594752
M-2 911.299378 3.704634 5.690930 9.395564 0.000000 907.594744
M-3 911.299391 3.704637 5.690929 9.395566 0.000000 907.594754
B-1 911.299354 3.704629 5.690931 9.395560 0.000000 907.594726
B-2 911.299309 3.704645 5.690898 9.395543 0.000000 907.594664
B-3 892.660309 3.628870 5.574546 9.203416 0.000000 889.031466
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:09 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 12,112.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 737.54
SUBSERVICER ADVANCES THIS MONTH 16,472.45
MASTER SERVICER ADVANCES THIS MONTH 381.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,010,520.66
(B) TWO MONTHLY PAYMENTS: 2 147,819.59
(C) THREE OR MORE MONTHLY PAYMENTS: 6 312,221.64
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 34,381.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 57,436,656.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 885
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 35,306.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 821,460.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.72884540 % 6.87379300 % 1.39736140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.61038670 % 6.96252921 % 1.41737430 %
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 8.57520073
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 143.36
POOL TRADING FACTOR: 54.09742110
................................................................................
Run: 10/26/99 07:46:04 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 5,205,892.10 7.537428 % 127,959.40
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 5,205,892.10 127,959.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 32,094.74 160,054.14 0.00 0.00 5,077,932.70
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
32,094.74 160,054.14 0.00 0.00 5,077,932.70
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 208.784066 5.131855 1.287170 6.419025 0.000000 203.652211
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:04 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 1,597.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 313.50
SUBSERVICER ADVANCES THIS MONTH 2,759.41
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: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 379,379.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 5,077,932.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 35
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 123,548.37
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 7.98750600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.81
POOL TRADING FACTOR: 20.36522102
................................................................................
Run: 10/26/99 07:46:05 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 4,395,846.65 7.964155 % 4,696.89
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 4,395,846.65 4,696.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 29,166.07 33,862.96 0.00 0.00 4,391,149.76
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
29,166.07 33,862.96 0.00 0.00 4,391,149.76
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 142.728940 0.152504 0.946994 1.099498 0.000000 142.576437
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:05 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 1,361.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 191.42
SUBSERVICER ADVANCES THIS MONTH 3,393.08
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 474,628.52
(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 4,391,149.71
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 1,099.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000110 % 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 0.8726 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.46758700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.78
POOL TRADING FACTOR: 14.25764350
................................................................................
Run: 10/26/99 07:45:10 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 14,440,013.90 7.500000 % 2,201,562.91
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 9,205,716.23 9.500000 % 314,508.99
A-8 76110FKP7 156,262.27 43,269.96 0.000000 % 39.84
A-9-1 0.00 0.00 0.845373 % 0.00
A-9-2 0.00 0.00 0.535929 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,529,964.07 7.750000 % 46,879.87
M-2 76110FKM4 3,827,000.00 3,731,547.32 7.750000 % 26,789.50
M-3 76110FKN2 2,870,200.00 2,798,611.76 7.750000 % 20,091.77
B-1 1,052,400.00 1,026,151.15 7.750000 % 7,366.94
B-2 478,400.00 466,467.78 7.750000 % 3,348.86
B-3 861,188.35 764,469.30 7.750000 % 5,488.27
- -------------------------------------------------------------------------------
191,342,550.62 89,006,211.47 2,626,076.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 90,136.15 2,291,699.06 0.00 0.00 12,238,450.99
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,663.20 68,663.20 0.00 0.00 11,000,000.00
A-4 24,968.44 24,968.44 0.00 0.00 4,000,000.00
A-5 112,878.14 112,878.14 0.00 0.00 17,500,000.00
A-6 105,595.69 105,595.69 0.00 0.00 17,500,000.00
A-7 72,786.58 387,295.57 0.00 0.00 8,891,207.24
A-8 0.00 39.84 0.00 0.00 43,230.12
A-9-1 51,851.73 51,851.73 0.00 0.00 0.00
A-9-2 6,828.96 6,828.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 42,119.44 88,999.31 0.00 0.00 6,483,084.20
M-2 24,069.15 50,858.65 0.00 0.00 3,704,757.82
M-3 18,051.55 38,143.32 0.00 0.00 2,778,519.99
B-1 6,618.86 13,985.80 0.00 0.00 1,018,784.21
B-2 3,008.80 6,357.66 0.00 0.00 463,118.92
B-3 4,930.97 10,419.24 0.00 0.00 758,981.03
- -------------------------------------------------------------------------------
632,507.66 3,258,584.61 0.00 0.00 86,380,134.52
===============================================================================
Run: 10/26/99 07:45:10
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-1 175.049568 26.688523 1.092679 27.781202 0.000000 148.361045
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.242109 6.242109 0.000000 1000.000000
A-4 1000.000000 0.000000 6.242110 6.242110 0.000000 1000.000000
A-5 1000.000000 0.000000 6.450179 6.450179 0.000000 1000.000000
A-6 1000.000000 0.000000 6.034039 6.034039 0.000000 1000.000000
A-7 419.873032 14.344766 3.319798 17.664564 0.000000 405.528266
A-8 276.905999 0.254956 0.000000 0.254956 0.000000 276.651043
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-1 975.058096 7.000130 6.289300 13.289430 0.000000 968.057966
M-2 975.058093 7.000131 6.289300 13.289431 0.000000 968.057962
M-3 975.058100 7.000129 6.289300 13.289429 0.000000 968.057972
B-1 975.058105 7.000133 6.289301 13.289434 0.000000 968.057972
B-2 975.058069 7.000125 6.289298 13.289423 0.000000 968.057943
B-3 887.691177 6.372903 5.725774 12.098677 0.000000 881.318274
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:11 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 18,195.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,727.93
SUBSERVICER ADVANCES THIS MONTH 30,109.17
MASTER SERVICER ADVANCES THIS MONTH 3,615.18
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,592,805.75
(B) TWO MONTHLY PAYMENTS: 6 846,362.03
(C) THREE OR MORE MONTHLY PAYMENTS: 6 468,517.47
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 866,032.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 86,380,134.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 943
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 470,561.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,987,356.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.78248100 % 14.68040800 % 2.53711060 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.38615770 % 15.01081479 % 2.59551140 %
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 8.86330840
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.84
POOL TRADING FACTOR: 45.14423699
................................................................................
Run: 10/26/99 07:45:11 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 3,070,565.93 10.000000 % 208,874.30
A-4 76110FKX0 19,700,543.00 0.00 7.000000 % 0.00
A-5 76110FKY8 21,419,142.00 3,847,171.10 7.150000 % 1,491,959.30
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 7,653,477.62 7.500000 % 368,055.31
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 10,284.32 0.000000 % 9.37
A-12-1 0.00 0.00 0.950239 % 0.00
A-12-2 0.00 0.00 0.665674 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,479,405.46 7.500000 % 13,653.07
M-2 76110FLJ0 4,361,000.00 4,274,366.02 7.500000 % 7,802.52
M-3 76110FLK7 3,270,500.00 3,205,529.51 7.500000 % 5,851.44
B-1 1,199,000.00 1,175,181.11 7.500000 % 2,145.20
B-2 545,000.00 534,173.27 7.500000 % 975.09
B-3 981,461.72 824,206.18 7.500000 % 1,504.52
- -------------------------------------------------------------------------------
218,029,470.88 114,400,989.52 2,100,830.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 25,577.71 234,452.01 0.00 0.00 2,861,691.63
A-4 0.00 0.00 0.00 0.00 0.00
A-5 22,913.46 1,514,872.76 0.00 0.00 2,355,211.80
A-6 38,187.95 38,187.95 0.00 0.00 6,323,320.00
A-7 99,624.90 99,624.90 0.00 0.00 16,496,308.00
A-8 47,814.90 415,870.21 0.00 0.00 7,285,422.31
A-9 30,716.75 30,716.75 0.00 0.00 5,000,001.00
A-10 340,531.04 340,531.04 0.00 0.00 54,507,000.00
A-11 0.00 9.37 0.00 0.00 10,274.95
A-12-1 70,434.29 70,434.29 0.00 0.00 0.00
A-12-2 14,094.28 14,094.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,727.38 60,380.45 0.00 0.00 7,465,752.39
M-2 26,703.99 34,506.51 0.00 0.00 4,266,563.50
M-3 20,026.46 25,877.90 0.00 0.00 3,199,678.07
B-1 7,341.91 9,487.11 0.00 0.00 1,173,035.91
B-2 3,337.23 4,312.32 0.00 0.00 533,198.18
B-3 5,149.21 6,653.73 0.00 0.00 820,128.11
- -------------------------------------------------------------------------------
799,181.46 2,900,011.58 0.00 0.00 112,297,585.85
===============================================================================
Run: 10/26/99 07:45:11
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-3 188.138776 12.798082 1.567190 14.365272 0.000000 175.340694
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 179.613689 69.655419 1.069766 70.725185 0.000000 109.958270
A-6 1000.000000 0.000000 6.039225 6.039225 0.000000 1000.000000
A-7 1000.000000 0.000000 6.039224 6.039224 0.000000 1000.000000
A-8 294.386761 14.157043 1.839174 15.996217 0.000000 280.229719
A-9 1000.000000 0.000000 6.143349 6.143349 0.000000 1000.000000
A-10 1000.000000 0.000000 6.247474 6.247474 0.000000 1000.000000
A-11 389.422458 0.354801 0.000000 0.354801 0.000000 389.067657
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-1 980.134381 1.789159 6.123363 7.912522 0.000000 978.345222
M-2 980.134377 1.789158 6.123364 7.912522 0.000000 978.345219
M-3 980.134386 1.789158 6.123363 7.912521 0.000000 978.345229
B-1 980.134370 1.789158 6.123361 7.912519 0.000000 978.345213
B-2 980.134440 1.789156 6.123358 7.912514 0.000000 978.345284
B-3 839.774148 1.532938 5.246471 6.779409 0.000000 835.619046
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:11 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 23,614.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,823.36
SUBSERVICER ADVANCES THIS MONTH 35,302.84
MASTER SERVICER ADVANCES THIS MONTH 686.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,267,186.20
(B) TWO MONTHLY PAYMENTS: 6 759,033.54
(C) THREE OR MORE MONTHLY PAYMENTS: 3 225,029.77
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 272,963.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 112,297,585.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,126
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 85,204.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,877,753.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.70779470 % 13.07737500 % 2.21483080 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.45206670 % 13.29680763 % 2.24990890 %
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 8.71209659
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.34
POOL TRADING FACTOR: 51.50569113
................................................................................
Run: 10/26/99 07:45:12 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 3,910,596.36 10.000000 % 361,750.66
A-4 76110FLP6 38,010,000.00 4,344,818.45 6.750000 % 1,989,628.66
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 1.039238 % 0.00
A-9-2 0.00 0.00 0.718374 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,978,583.28 7.250000 % 6,296.03
M-2 76110FLX9 5,420,000.00 5,319,055.50 7.250000 % 4,197.35
M-3 76110FLY2 4,065,000.00 3,989,291.61 7.250000 % 3,148.01
B-1 1,490,500.00 1,462,740.23 7.250000 % 1,154.27
B-2 677,500.00 664,881.95 7.250000 % 524.67
B-3 1,219,925.82 1,171,197.47 7.250000 % 924.21
- -------------------------------------------------------------------------------
271,005,025.82 146,691,626.85 2,367,623.86
===============================================================================
_______________________________________________________________________________
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 32,571.44 394,322.10 0.00 0.00 3,548,845.70
A-4 24,426.95 2,014,055.61 0.00 0.00 2,355,189.79
A-5 96,494.51 96,494.51 0.00 0.00 17,163,462.00
A-6 181,017.32 181,017.32 0.00 0.00 29,977,000.00
A-7 97,009.16 97,009.16 0.00 0.00 16,065,000.00
A-8 329,976.04 329,976.04 0.00 0.00 54,645,000.00
A-9-1 109,404.38 109,404.38 0.00 0.00 0.00
A-9-2 12,144.89 12,144.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,179.00 54,475.03 0.00 0.00 7,972,287.25
M-2 32,119.33 36,316.68 0.00 0.00 5,314,858.15
M-3 24,089.50 27,237.51 0.00 0.00 3,986,143.60
B-1 8,832.82 9,987.09 0.00 0.00 1,461,585.96
B-2 4,014.92 4,539.59 0.00 0.00 664,357.28
B-3 7,072.32 7,996.53 0.00 0.00 1,170,273.26
- -------------------------------------------------------------------------------
1,007,352.58 3,374,976.44 0.00 0.00 144,324,002.99
===============================================================================
Run: 10/26/99 07:45:12
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-3 170.236593 15.747777 1.417904 17.165681 0.000000 154.488816
A-4 114.307247 52.344874 0.642645 52.987519 0.000000 61.962373
A-5 1000.000000 0.000000 5.622089 5.622089 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038540 6.038540 0.000000 1000.000000
A-7 1000.000000 0.000000 6.038541 6.038541 0.000000 1000.000000
A-8 1000.000000 0.000000 6.038540 6.038540 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-1 981.375557 0.774419 5.926076 6.700495 0.000000 980.601138
M-2 981.375554 0.774419 5.926076 6.700495 0.000000 980.601135
M-3 981.375550 0.774418 5.926076 6.700494 0.000000 980.601132
B-1 981.375532 0.774418 5.926078 6.700496 0.000000 980.601114
B-2 981.375572 0.774421 5.926081 6.700502 0.000000 980.601151
B-3 960.056301 0.757595 5.797336 6.554931 0.000000 959.298703
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:12 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 33,527.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,257.74
SUBSERVICER ADVANCES THIS MONTH 43,695.33
MASTER SERVICER ADVANCES THIS MONTH 1,958.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,875,452.43
(B) TWO MONTHLY PAYMENTS: 8 820,029.97
(C) THREE OR MORE MONTHLY PAYMENTS: 3 471,446.36
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 529,267.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 144,324,002.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,544
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 250,090.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,251,867.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.96664960 % 11.78453800 % 2.24881250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.74768920 % 11.96841041 % 2.28390040 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,442,552.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,442,552.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.60036871
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.66
POOL TRADING FACTOR: 53.25510202
................................................................................
Run: 10/26/99 07:45:13 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 64,272,114.06 7.250000 % 3,243,762.19
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 63,371,461.01 7.250000 % 166,305.65
A-5 7611OFMS9 76,250.57 58,887.72 0.000000 % 1,042.65
A-6-1 0.00 0.00 1.006448 % 0.00
A-6-2 0.00 0.00 0.671730 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,382,163.19 7.250000 % 22,279.73
M-2 7611OFMW0 6,524,000.00 6,388,722.20 7.250000 % 13,709.96
M-3 7611OFMX8 4,893,000.00 4,791,541.61 7.250000 % 10,282.47
B-1 7611OFMY6 1,794,000.00 1,756,800.67 7.250000 % 3,770.03
B-2 7611OFMZ3 816,000.00 799,079.90 7.250000 % 1,714.80
B-3 7611OFNA7 1,468,094.11 1,325,696.83 7.250000 % 2,844.86
- -------------------------------------------------------------------------------
326,202,444.68 188,289,467.19 3,465,712.34
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 388,144.06 3,631,906.25 0.00 0.00 61,028,351.87
A-2 60,390.74 60,390.74 0.00 0.00 10,000,000.00
A-3 151,840.45 151,840.45 0.00 0.00 25,143,000.00
A-4 382,704.95 549,010.60 0.00 0.00 63,205,155.36
A-5 0.00 1,042.65 0.00 0.00 57,845.07
A-6-1 126,237.36 126,237.36 0.00 0.00 0.00
A-6-2 21,100.35 21,100.35 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,698.65 84,978.38 0.00 0.00 10,359,883.46
M-2 38,581.97 52,291.93 0.00 0.00 6,375,012.24
M-3 28,936.48 39,218.95 0.00 0.00 4,781,259.14
B-1 10,609.45 14,379.48 0.00 0.00 1,753,030.64
B-2 4,825.70 6,540.50 0.00 0.00 797,365.10
B-3 8,005.98 10,850.84 0.00 0.00 1,310,681.15
- -------------------------------------------------------------------------------
1,284,076.14 4,749,788.48 0.00 0.00 184,811,584.03
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 321.409598 16.221285 1.941016 18.162301 0.000000 305.188313
A-2 1000.000000 0.000000 6.039074 6.039074 0.000000 1000.000000
A-3 1000.000000 0.000000 6.039074 6.039074 0.000000 1000.000000
A-4 976.199475 2.561839 5.895341 8.457180 0.000000 973.637636
A-5 772.292194 13.673996 0.000000 13.673996 0.000000 758.618198
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-1 979.264591 2.101465 5.913851 8.015316 0.000000 977.163126
M-2 979.264592 2.101465 5.913852 8.015317 0.000000 977.163127
M-3 979.264584 2.101465 5.913852 8.015317 0.000000 977.163119
B-1 979.264588 2.101466 5.913852 8.015318 0.000000 977.163122
B-2 979.264583 2.101471 5.913848 8.015319 0.000000 977.163113
B-3 903.005346 1.937791 5.453315 7.391106 0.000000 892.777337
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:13 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 38,917.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,551.42
SUBSERVICER ADVANCES THIS MONTH 39,784.73
MASTER SERVICER ADVANCES THIS MONTH 1,530.05
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,696,079.43
(B) TWO MONTHLY PAYMENTS: 6 420,466.06
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,052,889.97
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 997,029.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 184,811,584.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,832
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 201,585.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,983,855.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 149,491.20
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.48253410 % 11.45532600 % 2.06213960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.26429330 % 11.64221115 % 2.08985050 %
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 8.51551055
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.38
POOL TRADING FACTOR: 56.65548712
................................................................................
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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 60,252,112.68 7.000000 % 1,240,927.26
A-2 7611OFMD2 43,142.76 24,350.58 0.000000 % 341.47
A-3-1 0.00 0.00 1.080007 % 0.00
A-3-2 0.00 0.00 0.624307 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,809,279.88 7.000000 % 11,262.29
M-2 7611OFMH3 892,000.00 823,489.19 7.000000 % 3,301.34
M-3 7611OFMJ9 419,700.00 387,464.60 7.000000 % 1,553.33
B-1 7611OFMK6 367,000.00 338,812.26 7.000000 % 1,358.28
B-2 7611OFML4 262,400.00 242,246.12 7.000000 % 971.16
B-3 7611OFMM2 263,388.53 243,158.76 7.000000 % 974.82
- -------------------------------------------------------------------------------
104,940,731.29 65,120,914.07 1,260,689.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 351,134.37 1,592,061.63 0.00 0.00 59,011,185.42
A-2 0.00 341.47 0.00 0.00 24,009.11
A-3-1 46,512.97 46,512.97 0.00 0.00 0.00
A-3-2 6,959.91 6,959.91 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,371.79 27,634.08 0.00 0.00 2,798,017.59
M-2 4,799.09 8,100.43 0.00 0.00 820,187.85
M-3 2,258.05 3,811.38 0.00 0.00 385,911.27
B-1 1,974.51 3,332.79 0.00 0.00 337,453.98
B-2 1,411.75 2,382.91 0.00 0.00 241,274.96
B-3 1,417.07 2,391.89 0.00 0.00 242,183.94
- -------------------------------------------------------------------------------
432,839.51 1,693,529.46 0.00 0.00 63,860,224.12
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 604.637358 12.452858 3.523677 15.976535 0.000000 592.184500
A-2 564.418688 7.914885 0.000000 7.914885 0.000000 556.503803
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-1 923.194177 3.701048 5.380148 9.081196 0.000000 919.493129
M-2 923.194159 3.701054 5.380146 9.081200 0.000000 919.493105
M-3 923.194186 3.701048 5.380152 9.081200 0.000000 919.493138
B-1 923.194169 3.701035 5.380136 9.081171 0.000000 919.493134
B-2 923.194055 3.701067 5.380145 9.081212 0.000000 919.492988
B-3 923.194188 3.701034 5.380151 9.081185 0.000000 919.493115
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:13 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 13,452.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 749.18
SUBSERVICER ADVANCES THIS MONTH 16,421.75
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 771,780.00
(B) TWO MONTHLY PAYMENTS: 2 301,251.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 347,405.66
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 84,754.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,860,224.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 802
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 999,564.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.55805440 % 6.17580000 % 1.26614540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44154810 % 6.27012630 % 1.28596730 %
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 8.31287509
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 147.78
POOL TRADING FACTOR: 60.85361073
................................................................................
Run: 10/26/99 07:45:15 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 7,018,577.58 9.000000 % 415,367.25
A-3 76110FND1 62,824,125.00 12,688,869.17 7.000000 % 2,907,570.74
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 58,293,968.00 7.250000 % 216,710.63
A-8-1 0.00 0.00 0.932305 % 0.00
A-8-2 0.00 0.00 0.740430 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,262,564.27 7.250000 % 8,126.51
M-2 76110FNL3 4,471,600.00 4,398,298.05 7.250000 % 3,482.83
M-3 76110FNM1 4,471,500.00 4,398,199.67 7.250000 % 3,482.75
B-1 76110FNN9 1,639,600.00 1,613,887.90 7.250000 % 1,277.97
B-2 76110FNP4 745,200.00 734,051.27 7.250000 % 581.27
B-3 76110FNQ2 1,341,561.05 1,263,716.60 7.250000 % 1,000.69
- -------------------------------------------------------------------------------
298,104,002.05 173,549,291.51 3,557,600.64
===============================================================================
_______________________________________________________________________________
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 52,621.51 467,988.76 0.00 0.00 6,603,210.33
A-3 73,993.34 2,981,564.08 0.00 0.00 9,781,298.43
A-4 139,137.92 139,137.92 0.00 0.00 24,294,118.00
A-5 157,030.14 157,030.14 0.00 0.00 26,000,000.00
A-6 136,393.01 136,393.01 0.00 0.00 22,583,041.00
A-7 352,073.46 568,784.09 0.00 0.00 58,077,257.37
A-8-1 111,269.26 111,269.26 0.00 0.00 0.00
A-8-2 18,678.69 18,678.69 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,982.00 70,108.51 0.00 0.00 10,254,437.76
M-2 26,564.05 30,046.88 0.00 0.00 4,394,815.22
M-3 26,563.46 30,046.21 0.00 0.00 4,394,716.92
B-1 9,747.27 11,025.24 0.00 0.00 1,612,609.93
B-2 4,433.39 5,014.66 0.00 0.00 733,470.00
B-3 7,632.36 8,633.05 0.00 0.00 1,093,047.32
- -------------------------------------------------------------------------------
1,178,119.86 4,735,720.50 0.00 0.00 169,822,022.28
===============================================================================
Run: 10/26/99 07:45:15
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-2 313.248848 18.538416 2.348571 20.886987 0.000000 294.710432
A-3 201.974467 46.281118 1.177785 47.458903 0.000000 155.693349
A-4 1000.000000 0.000000 5.727227 5.727227 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039621 6.039621 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039621 6.039621 0.000000 1000.000000
A-7 982.723319 3.653321 5.935276 9.588597 0.000000 979.069998
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-1 983.607218 0.778879 5.940615 6.719494 0.000000 982.828339
M-2 983.607221 0.778878 5.940614 6.719492 0.000000 982.828343
M-3 983.607217 0.778877 5.940615 6.719492 0.000000 982.828340
B-1 984.318065 0.779440 5.944907 6.724347 0.000000 983.538625
B-2 985.039278 0.780019 5.949262 6.729281 0.000000 984.259259
B-3 941.974724 0.745915 5.689163 6.435078 0.000000 814.757792
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:15 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 35,663.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,247.05
SUBSERVICER ADVANCES THIS MONTH 33,285.81
MASTER SERVICER ADVANCES THIS MONTH 2,062.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,740,279.21
(B) TWO MONTHLY PAYMENTS: 3 473,790.02
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,143,917.89
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,056,502.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 169,822,022.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,736
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 268,299.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,978,750.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.93701510 % 10.98193000 % 2.08105480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.76078820 % 11.21407556 % 2.02513620 %
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 8.48017195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.47
POOL TRADING FACTOR: 56.96737418
................................................................................
Run: 10/26/99 07:44:00 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 5,383,129.52 7.677993 % 43,162.91
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 5,383,129.52 43,162.91
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 34,255.42 77,418.33 0.00 0.00 5,339,966.61
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
34,255.42 77,418.33 0.00 0.00 5,339,966.61
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 214.317619 1.718438 1.363805 3.082243 0.000000 212.599182
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:44:00 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 1,659.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 246.36
SUBSERVICER ADVANCES THIS MONTH 461.52
MASTER SERVICER ADVANCES THIS MONTH 314.63
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 61,853.49
(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 5,339,966.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 45
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 44,082.95
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 38,061.70
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 8.10717971
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.78
POOL TRADING FACTOR: 21.25991817
................................................................................
Run: 10/26/99 07:45:16 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 15,143,114.18 7.250000 % 520,020.05
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 28,695,522.49 7.250000 % 1,362,486.13
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 61,836,908.45 7.250000 % 48,664.92
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 40,303,115.47 7.000000 % 1,384,023.65
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 60,432,123.81 0.000000 % 1,263,146.81
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 4.030000 % 0.00
A-14 76110FPF4 0.00 0.00 10.470000 % 0.00
A-15 76110FPG2 26,249,000.00 12,619,181.67 7.000000 % 433,347.29
A-16 76110FPH0 2,386,273.00 1,147,198.48 10.000000 % 39,395.21
A-17 76110FPJ6 139,012.74 127,459.85 0.000000 % 151.18
A-18-1 0.00 0.00 0.913069 % 0.00
A-18-2 0.00 0.00 0.624262 % 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 15,983,490.31 7.250000 % 12,623.46
M-2 76110FPP2 5,422,000.00 5,327,502.57 7.250000 % 4,207.56
M-3 76110FPQ0 6,507,000.00 6,393,592.64 7.250000 % 5,049.54
B-1 76110FPR8 2,386,000.00 2,344,415.56 7.250000 % 1,851.58
B-2 76110FPS6 1,085,000.00 1,066,090.07 7.250000 % 841.98
B-3 76110FPT4 1,952,210.06 1,815,563.92 7.250000 % 1,433.90
- -------------------------------------------------------------------------------
433,792,422.80 274,714,694.47 5,077,243.26
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 91,436.88 611,456.93 0.00 0.00 14,623,094.13
A-2 0.00 0.00 0.00 0.00 0.00
A-3 173,268.78 1,535,754.91 0.00 0.00 27,333,036.36
A-4 40,727.54 40,727.54 0.00 0.00 6,745,000.00
A-5 25,574.21 25,574.21 0.00 0.00 4,235,415.00
A-6 63,394.87 63,394.87 0.00 0.00 10,499,000.00
A-7 373,382.50 422,047.42 0.00 0.00 61,788,243.53
A-8 0.00 0.00 0.00 0.00 0.00
A-9 234,965.91 1,618,989.56 0.00 0.00 38,919,091.82
A-10 8,391.64 8,391.64 0.00 0.00 0.00
A-11 0.00 1,263,146.81 0.00 0.00 59,168,977.00
A-12 182,450.07 182,450.07 0.00 0.00 0.00
A-13 50,708.53 50,708.53 0.00 0.00 0.00
A-14 131,741.54 131,741.54 0.00 0.00 0.00
A-15 73,569.43 506,916.72 0.00 0.00 12,185,834.38
A-16 9,554.48 48,949.69 0.00 0.00 1,107,803.27
A-17 0.00 151.18 0.00 0.00 127,308.67
A-18-1 160,367.40 160,367.40 0.00 0.00 0.00
A-18-2 33,186.55 33,186.55 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 96,511.22 109,134.68 0.00 0.00 15,970,866.85
M-2 32,168.42 36,375.98 0.00 0.00 5,323,295.01
M-3 38,605.68 43,655.22 0.00 0.00 6,388,543.10
B-1 14,156.01 16,007.59 0.00 0.00 2,342,563.98
B-2 6,437.24 7,279.22 0.00 0.00 1,065,248.09
B-3 10,962.70 12,396.60 0.00 0.00 1,813,363.01
- -------------------------------------------------------------------------------
1,851,561.60 6,928,804.86 0.00 0.00 269,636,684.20
===============================================================================
Run: 10/26/99 07:45:16
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-1 480.749045 16.509097 2.902850 19.411947 0.000000 464.239948
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 703.338868 33.395086 4.246888 37.641974 0.000000 669.943782
A-4 1000.000000 0.000000 6.038182 6.038182 0.000000 1000.000000
A-5 1000.000000 0.000000 6.038183 6.038183 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038182 6.038182 0.000000 1000.000000
A-7 981.553810 0.772471 5.926800 6.699271 0.000000 980.781338
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 589.752783 20.252325 3.438240 23.690565 0.000000 569.500458
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 604.089799 12.626631 0.000000 12.626631 0.000000 591.463169
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-15 480.749045 16.509097 2.802752 19.311849 0.000000 464.239947
A-16 480.749051 16.509097 4.003934 20.513031 0.000000 464.239954
A-17 916.893301 1.087526 0.000000 1.087526 0.000000 915.805774
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-1 982.571483 0.776016 5.932945 6.708961 0.000000 981.795466
M-2 982.571481 0.776016 5.932944 6.708960 0.000000 981.795465
M-3 982.571483 0.776017 5.932946 6.708963 0.000000 981.795466
B-1 982.571484 0.776018 5.932946 6.708964 0.000000 981.795465
B-2 982.571493 0.776018 5.932940 6.708958 0.000000 981.795475
B-3 930.004387 0.734501 5.615533 6.350034 0.000000 928.876994
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:16 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 56,635.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 42,015.01
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,291,998.61
(B) TWO MONTHLY PAYMENTS: 9 799,255.09
(C) THREE OR MORE MONTHLY PAYMENTS: 5 491,800.92
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 966,475.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 269,636,684.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,526
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 4,861,026.24
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.00721560 % 10.08953900 % 1.90324560 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.79119280 % 10.26666866 % 1.93728880 %
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 8.37173023
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.80
POOL TRADING FACTOR: 62.15799770
................................................................................
Run: 10/26/99 07:45:18 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 9,115,029.76 7.000000 % 1,851,365.38
A-2 76110FPV9 117,395,000.00 56,994,736.73 7.000000 % 2,025,375.68
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 1.122173 % 0.00
A-6-2 0.00 0.00 0.925692 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,181,985.93 7.000000 % 8,985.57
M-2 76110FQD8 4,054,000.00 3,996,649.91 7.000000 % 3,211.61
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 1,409,868.81 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 208,334,343.52 3,888,938.24
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 53,157.14 1,904,522.52 0.00 0.00 7,263,664.38
A-2 332,382.59 2,357,758.27 0.00 0.00 54,969,361.05
A-3 299,638.50 299,638.50 0.00 0.00 51,380,000.00
A-4 10,858.84 10,858.84 0.00 0.00 1,862,000.00
A-5 379,301.05 379,301.05 0.00 0.00 65,040,000.00
A-6-1 151,213.15 151,213.15 0.00 0.00 0.00
A-6-2 35,931.97 35,931.97 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,211.24 74,196.81 0.00 0.00 11,173,000.36
M-2 34,510.20 37,721.81 0.00 0.00 3,993,438.30
M-3 46,949.63 46,949.63 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 1,402,826.32
- -------------------------------------------------------------------------------
1,409,154.31 5,298,092.55 0.00 0.00 204,438,362.79
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 141.700553 28.780981 0.826371 29.607352 0.000000 112.919572
A-2 485.495436 17.252657 2.831318 20.083975 0.000000 468.242779
A-3 1000.000000 0.000000 5.831812 5.831812 0.000000 1000.000000
A-4 1000.000000 0.000000 5.831815 5.831815 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831812 5.831812 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-1 985.066813 0.791576 5.744724 6.536300 0.000000 984.275238
M-2 985.853456 0.792208 8.512630 9.304838 0.000000 985.061248
M-3 985.853447 0.000000 9.650489 9.650489 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-3 965.942031 0.000000 0.000000 0.000000 0.000000 961.117017
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:18 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 43,006.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,663.41
MASTER SERVICER ADVANCES THIS MONTH 2,096.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 2,997,957.38
(B) TWO MONTHLY PAYMENTS: 6 439,794.15
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,514,247.68
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 765,608.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 204,438,362.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,913
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 286,729.56
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,728,568.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.50761880 % 9.58786400 % 1.90451760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.29801950 % 9.76461336 % 1.93736710 %
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 8.35745841
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.16
POOL TRADING FACTOR: 63.03449040
................................................................................
Run: 10/26/99 07:45:19 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 8,050,174.63 6.750000 % 415,513.77
A-2 76110FQK2 158,282,400.00 63,710,048.04 6.500000 % 3,288,425.87
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 20,279,028.46 5.982500 % 647,092.07
A-5 76110FQN6 0.00 0.00 3.043275 % 0.00
A-6 76110FQP1 13,504,750.00 6,977,755.38 5.882500 % 226,953.62
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 130,718.40 0.000000 % 167.32
A-9-1 0.00 0.00 1.052571 % 0.00
A-9-2 0.00 0.00 0.730952 % 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 17,103,379.69 7.000000 % 13,386.14
M-2 76110FQW6 5,422,000.00 5,344,682.94 7.000000 % 4,183.07
M-3 76110FQX4 5,422,000.00 5,344,682.94 7.000000 % 4,183.07
B-1 76110FQY2 2,385,700.00 2,351,680.22 7.000000 % 1,840.57
B-2 76110FQZ9 1,084,400.00 1,068,936.61 7.000000 % 836.61
B-3 76110FRA3 1,952,351.82 1,869,908.44 7.000000 % 1,459.54
- -------------------------------------------------------------------------------
433,770,084.51 301,568,895.75 4,604,041.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 45,272.01 460,785.78 0.00 0.00 7,634,660.86
A-2 345,018.17 3,633,444.04 0.00 0.00 60,421,622.17
A-3 464,430.12 464,430.12 0.00 0.00 82,584,000.00
A-4 101,076.58 748,168.65 0.00 0.00 19,631,936.39
A-5 69,109.30 69,109.30 0.00 0.00 0.00
A-6 34,197.82 261,151.44 0.00 0.00 6,750,801.76
A-7 505,950.16 505,950.16 0.00 0.00 86,753,900.00
A-8 0.00 167.32 0.00 0.00 130,551.08
A-9-1 195,443.77 195,443.77 0.00 0.00 0.00
A-9-2 47,927.30 47,927.30 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 99,747.18 113,133.32 0.00 0.00 17,089,993.55
M-2 31,170.28 35,353.35 0.00 0.00 5,340,499.87
M-3 31,170.28 35,353.35 0.00 0.00 5,340,499.87
B-1 13,715.03 15,555.60 0.00 0.00 2,349,839.65
B-2 6,234.05 7,070.66 0.00 0.00 1,068,100.00
B-3 10,905.34 12,364.88 0.00 0.00 1,807,455.21
- -------------------------------------------------------------------------------
2,001,367.39 6,605,409.04 0.00 0.00 296,903,860.41
===============================================================================
Run: 10/26/99 07:45:19
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-1 402.508732 20.775689 2.263601 23.039290 0.000000 381.733043
A-2 402.508731 20.775689 2.179763 22.955452 0.000000 381.733043
A-3 1000.000000 0.000000 5.623730 5.623730 0.000000 1000.000000
A-4 521.461253 16.639527 2.599115 19.238642 0.000000 504.821726
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 516.688971 16.805466 2.532281 19.337747 0.000000 499.883505
A-7 1000.000000 0.000000 5.832016 5.832016 0.000000 1000.000000
A-8 942.232144 1.206060 0.000000 1.206060 0.000000 941.026084
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-1 985.740121 0.771500 5.748852 6.520352 0.000000 984.968621
M-2 985.740122 0.771499 5.748853 6.520352 0.000000 984.968622
M-3 985.740122 0.771499 5.748853 6.520352 0.000000 984.968622
B-1 985.740127 0.771501 5.748849 6.520350 0.000000 984.968626
B-2 985.740142 0.771496 5.748847 6.520343 0.000000 984.968646
B-3 957.772273 0.747580 5.585745 6.333325 0.000000 925.783556
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:19 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 62,240.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 71,704.73
MASTER SERVICER ADVANCES THIS MONTH 2,205.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,189,099.50
(B) TWO MONTHLY PAYMENTS: 7 916,170.83
(C) THREE OR MORE MONTHLY PAYMENTS: 20 1,675,268.42
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,796,916.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 296,903,860.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,671
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 290,685.98
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,231,938.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.02485710 % 9.22004800 % 1.75509460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.88161870 % 9.35353055 % 1.76073610 %
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 8.24457645
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.99
POOL TRADING FACTOR: 68.44728832
................................................................................
Run: 10/26/99 07:46:06 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 86,710,905.82 6.500000 % 1,031,655.58
A-2 76110FRC9 34,880,737.00 19,582,281.80 6.500000 % 367,097.62
A-3-1 0.00 0.00 1.240385 % 0.00
A-3-2 0.00 0.00 1.002279 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,684,190.65 6.500000 % 14,032.09
M-2 76110FRG0 785,100.00 736,556.71 6.500000 % 2,805.35
M-3 76110FRH8 707,000.00 663,285.67 6.500000 % 2,526.28
B-1 76110FRJ4 471,200.00 442,065.34 6.500000 % 1,683.71
B-2 76110FRK1 314,000.00 294,585.16 6.500000 % 1,122.00
B-3 76110FRL9 471,435.62 407,513.85 6.500000 % 1,552.09
- -------------------------------------------------------------------------------
157,074,535.62 112,521,385.00 1,422,474.72
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 469,216.33 1,500,871.91 0.00 0.00 85,679,250.24
A-2 105,965.06 473,062.68 0.00 0.00 19,215,184.18
A-3-1 92,404.37 92,404.37 0.00 0.00 0.00
A-3-2 19,221.61 19,221.61 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,936.16 33,968.25 0.00 0.00 3,670,158.56
M-2 3,985.71 6,791.06 0.00 0.00 733,751.36
M-3 3,589.22 6,115.50 0.00 0.00 660,759.39
B-1 2,392.14 4,075.85 0.00 0.00 440,381.63
B-2 1,594.08 2,716.08 0.00 0.00 293,463.16
B-3 2,205.17 3,757.26 0.00 0.00 405,961.75
- -------------------------------------------------------------------------------
720,509.85 2,142,984.57 0.00 0.00 111,098,910.27
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 750.627033 8.930694 4.061847 12.992541 0.000000 741.696339
A-2 561.406767 10.524365 3.037925 13.562290 0.000000 550.882402
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-1 938.169251 3.573234 5.076690 8.649924 0.000000 934.596017
M-2 938.169291 3.573239 5.076691 8.649930 0.000000 934.596052
M-3 938.169264 3.573239 5.076690 8.649929 0.000000 934.596026
B-1 938.169228 3.573239 5.076698 8.649937 0.000000 934.595989
B-2 938.169299 3.573248 5.076688 8.649936 0.000000 934.596051
B-3 864.410394 3.292263 4.677563 7.969826 0.000000 861.118110
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:06 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 23,389.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,014.43
SUBSERVICER ADVANCES THIS MONTH 9,587.80
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 725,272.25
(B) TWO MONTHLY PAYMENTS: 2 72,845.99
(C) THREE OR MORE MONTHLY PAYMENTS: 1 89,342.29
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 111,098,910.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,276
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 993,911.04
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.46487670 % 4.51828200 % 1.01684170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.41535850 % 4.55870296 % 1.02593850 %
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 7.97259500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 152.64
POOL TRADING FACTOR: 70.73005808
................................................................................
Run: 10/26/99 07:46:07 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 65,667,393.20 6.500000 % 1,866,044.65
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 23,883,403.28 5.882500 % 466,511.16
A-I-4 76110FRQ8 0.00 0.00 3.117500 % 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 56,223,375.45 7.000000 % 822,481.73
A-V-1 0.00 0.00 0.889605 % 0.00
A-V-2 0.00 0.00 0.637719 % 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 13,987,714.82 7.000000 % 11,117.30
M-2 76110FRY1 5,067,800.00 4,995,556.10 7.000000 % 3,970.42
M-3 76110FRZ8 5,067,800.00 4,995,556.10 7.000000 % 3,970.42
B-1 76110FSA2 2,230,000.00 2,198,210.27 7.000000 % 1,747.12
B-2 76110FSB0 1,216,400.00 1,199,059.64 7.000000 % 953.00
B-3 76110FSC8 1,621,792.30 1,589,177.16 7.000000 % 1,263.06
- -------------------------------------------------------------------------------
405,421,992.30 299,339,891.02 3,178,058.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 355,621.08 2,221,665.73 0.00 0.00 63,801,348.55
A-I-2 335,921.98 335,921.98 0.00 0.00 59,732,445.00
A-I-3 117,052.99 583,564.15 0.00 0.00 23,416,892.12
A-I-4 62,033.61 62,033.61 0.00 0.00 0.00
A-I-5 378,314.43 378,314.43 0.00 0.00 64,868,000.00
A-II 327,904.97 1,150,386.70 0.00 0.00 55,400,893.72
A-V-1 177,742.25 177,742.25 0.00 0.00 0.00
A-V-2 31,629.90 31,629.90 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 81,575.23 92,692.53 0.00 0.00 13,976,597.52
M-2 29,133.68 33,104.10 0.00 0.00 4,991,585.68
M-3 29,133.68 33,104.10 0.00 0.00 4,991,585.68
B-1 12,819.78 14,566.90 0.00 0.00 2,196,463.15
B-2 6,992.81 7,945.81 0.00 0.00 1,198,106.64
B-3 9,267.95 10,531.01 0.00 0.00 1,501,094.51
- -------------------------------------------------------------------------------
1,955,144.34 5,133,203.20 0.00 0.00 296,075,012.57
===============================================================================
Run: 10/26/99 07:46:07
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-1 486.402076 13.821898 2.634105 16.456003 0.000000 472.580178
A-I-2 1000.000000 0.000000 5.623777 5.623777 0.000000 1000.000000
A-I-3 579.438922 11.318099 2.839840 14.157939 0.000000 568.120823
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.832066 5.832066 0.000000 1000.000000
A-II 747.621444 10.936821 4.360264 15.297085 0.000000 736.684623
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-1 985.744526 0.783460 5.748783 6.532243 0.000000 984.961066
M-2 985.744524 0.783460 5.748782 6.532242 0.000000 984.961064
M-3 985.744524 0.783460 5.748782 6.532242 0.000000 984.961064
B-1 985.744516 0.783462 5.748781 6.532243 0.000000 984.961054
B-2 985.744525 0.783459 5.748779 6.532238 0.000000 984.961065
B-3 979.889447 0.778805 5.714636 6.493441 0.000000 925.577529
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:07 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 61,805.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,311.78
SUBSERVICER ADVANCES THIS MONTH 55,185.68
MASTER SERVICER ADVANCES THIS MONTH 6,385.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,806,160.56
(B) TWO MONTHLY PAYMENTS: 14 2,057,869.01
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,032,900.28
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 654,014.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 296,075,012.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,650
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 823,631.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,900,765.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.32361710 % 8.01056900 % 1.66581440 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.25401270 % 8.09246571 % 1.65352160 %
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 8.16869200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.76
POOL TRADING FACTOR: 73.02884851
................................................................................
Run: 10/26/99 07:45:22 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 76,112,778.98 6.750000 % 2,990,641.48
A-2 76110FSE4 75,936,500.00 73,737,088.68 6.750000 % 1,610,345.41
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 1.058698 % 0.00
A-6-2 0.00 0.00 0.860548 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,477,978.56 6.750000 % 9,871.11
M-2 76110FSM6 4,216,900.00 4,159,326.19 6.750000 % 3,290.37
M-3 76110FSN4 4,392,600.00 4,332,627.32 6.750000 % 3,427.46
B-1 76110FSP9 1,757,100.00 1,733,110.11 6.750000 % 1,371.03
B-2 76110FSQ7 1,054,300.00 1,039,905.53 6.750000 % 822.65
B-3 76110FSR5 1,405,623.28 1,386,432.15 6.750000 % 1,096.78
- -------------------------------------------------------------------------------
351,405,323.28 273,419,747.52 4,620,866.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 427,994.76 3,418,636.24 0.00 0.00 73,122,137.50
A-2 414,635.86 2,024,981.27 0.00 0.00 72,126,743.27
A-3 98,325.56 98,325.56 0.00 0.00 17,485,800.00
A-4 74,027.29 74,027.29 0.00 0.00 13,164,700.00
A-5 381,194.40 381,194.40 0.00 0.00 67,790,000.00
A-6-1 183,926.97 183,926.97 0.00 0.00 0.00
A-6-2 46,509.22 46,509.22 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,165.74 80,036.85 0.00 0.00 12,468,107.45
M-2 23,388.58 26,678.95 0.00 0.00 4,156,035.82
M-3 24,363.08 27,790.54 0.00 0.00 4,329,199.86
B-1 9,745.56 11,116.59 0.00 0.00 1,731,739.08
B-2 5,847.56 6,670.21 0.00 0.00 1,039,082.88
B-3 7,796.14 8,892.92 0.00 0.00 1,385,335.37
- -------------------------------------------------------------------------------
1,767,920.72 6,388,787.01 0.00 0.00 268,798,881.23
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 502.225515 19.733565 2.824097 22.557662 0.000000 482.491950
A-2 971.036177 21.206474 5.460297 26.666771 0.000000 949.829703
A-3 1000.000000 0.000000 5.623166 5.623166 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623166 5.623166 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623166 5.623166 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-1 986.346887 0.780282 5.546392 6.326674 0.000000 985.566605
M-2 986.346888 0.780282 5.546392 6.326674 0.000000 985.566606
M-3 986.346883 0.780280 5.546392 6.326672 0.000000 985.566603
B-1 986.346884 0.780280 5.546389 6.326669 0.000000 985.566604
B-2 986.346894 0.780281 5.546391 6.326672 0.000000 985.566613
B-3 986.346889 0.780280 5.546394 6.326674 0.000000 985.566611
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:22 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 56,464.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,720.08
SUBSERVICER ADVANCES THIS MONTH 66,247.96
MASTER SERVICER ADVANCES THIS MONTH 2,011.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 5,545,928.64
(B) TWO MONTHLY PAYMENTS: 9 1,780,723.48
(C) THREE OR MORE MONTHLY PAYMENTS: 5 498,116.38
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,079,203.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 268,798,881.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,256
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 262,203.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,404,568.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.80923010 % 7.66950200 % 1.52126820 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.65862910 % 7.79517498 % 1.54619590 %
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 8.08821118
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.69
POOL TRADING FACTOR: 76.49254676
................................................................................
Run: 10/26/99 07:46:07 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 15,454,316.49 6.750000 % 213,743.00
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 7,237,487.64 6.750000 % 410,386.56
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 97,910,453.57 6.750000 % 1,747,487.96
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 49,933,390.27 6.750000 % 1,148,893.06
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 6,617,574.45 6.750000 % 127,573.99
A-P 76110FTE3 57,464.36 52,863.89 0.000000 % 79.29
A-V-1 0.00 0.00 1.008115 % 0.00
A-V-2 0.00 0.00 0.748341 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,896,085.48 6.750000 % 10,275.30
M-2 76110FTH6 5,029,000.00 4,959,994.95 6.750000 % 3,952.01
M-3 76110FTJ2 4,224,500.00 4,166,533.84 6.750000 % 3,319.80
B-1 76110FTK9 2,011,600.00 1,983,997.98 6.750000 % 1,580.80
B-2 76110FTL7 1,207,000.00 1,190,438.24 6.750000 % 948.51
B-3 76110FTM5 1,609,449.28 1,587,365.34 6.750000 % 1,264.78
- -------------------------------------------------------------------------------
402,311,611.64 315,718,625.14 3,669,505.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 86,889.14 300,632.14 0.00 0.00 15,240,573.49
CB-2 221,030.85 221,030.85 0.00 0.00 39,313,092.00
CB-3 77,666.22 77,666.22 0.00 0.00 13,813,906.00
CB-4 40,691.49 451,078.05 0.00 0.00 6,827,101.08
CB-5 115,257.59 115,257.59 0.00 0.00 20,500,000.00
CB-6 550,484.07 2,297,972.03 0.00 0.00 96,162,965.61
CB-7 159,891.10 159,891.10 0.00 0.00 28,438,625.00
NB-1 280,837.53 1,429,730.59 0.00 0.00 48,784,497.21
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,344.25 54,344.25 0.00 0.00 9,662,500.00
NB-4 37,218.85 164,792.84 0.00 0.00 6,490,000.46
A-P 0.00 79.29 0.00 0.00 52,784.60
A-V-1 205,971.72 205,971.72 0.00 0.00 0.00
A-V-2 43,901.13 43,901.13 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,507.59 82,782.89 0.00 0.00 12,885,810.18
M-2 27,887.32 31,839.33 0.00 0.00 4,956,042.94
M-3 23,426.12 26,745.92 0.00 0.00 4,163,214.04
B-1 11,154.93 12,735.73 0.00 0.00 1,982,417.18
B-2 6,693.18 7,641.69 0.00 0.00 1,189,489.73
B-3 8,924.88 10,189.66 0.00 0.00 1,586,100.53
- -------------------------------------------------------------------------------
2,024,777.96 5,694,283.02 0.00 0.00 312,049,120.05
===============================================================================
Run: 10/26/99 07:46:07
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-1 766.036940 10.594777 4.306906 14.901683 0.000000 755.442163
CB-2 1000.000000 0.000000 5.622322 5.622322 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622321 5.622321 0.000000 1000.000000
CB-4 444.017647 25.177090 2.496410 27.673500 0.000000 418.840557
CB-5 1000.000000 0.000000 5.622321 5.622321 0.000000 1000.000000
CB-6 717.292700 12.802110 4.032850 16.834960 0.000000 704.490591
CB-7 1000.000000 0.000000 5.622322 5.622322 0.000000 1000.000000
NB-1 657.879596 15.136831 3.700075 18.836906 0.000000 642.742765
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.624243 5.624243 0.000000 1000.000000
NB-4 661.757445 12.757399 3.721885 16.479284 0.000000 649.000046
A-P 919.942204 1.379866 0.000000 1.379866 0.000000 918.562338
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-1 986.278573 0.785844 5.545302 6.331146 0.000000 985.492729
M-2 986.278574 0.785844 5.545301 6.331145 0.000000 985.492730
M-3 986.278575 0.785844 5.545300 6.331144 0.000000 985.492731
B-1 986.278574 0.785842 5.545302 6.331144 0.000000 985.492732
B-2 986.278575 0.785841 5.545302 6.331143 0.000000 985.492734
B-3 986.278574 0.785846 5.545301 6.331147 0.000000 985.492709
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:07 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 65,375.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,576.60
SUBSERVICER ADVANCES THIS MONTH 53,715.73
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 5,387,631.10
(B) TWO MONTHLY PAYMENTS: 6 962,271.60
(C) THREE OR MORE MONTHLY PAYMENTS: 2 163,200.06
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 874,451.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 312,049,120.05
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,559
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 3,417,814.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.51494420 % 6.97539300 % 1.50824220 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.42199070 % 7.05179593 % 1.52502030 %
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 8.02903300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.63
POOL TRADING FACTOR: 77.56403520
................................................................................
Run: 10/26/99 07:46:07 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 172,668,000.00 123,907,257.68 6.750000 % 2,814,282.15
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 24,712,721.24 6.750000 % 1,312,637.08
NB-2 76110FUD3 77,840,000.00 47,989,731.38 6.750000 % 626,965.17
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 68,745.07 0.000000 % 82.63
A-V 76110FUG6 0.00 0.00 0.941546 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,096,965.46 6.750000 % 10,278.88
M-2 76110FUK5 5,094,600.00 5,037,317.22 6.750000 % 3,953.43
M-3 76110FUM3 4,279,400.00 4,231,283.18 6.750000 % 3,320.83
B-1 76110FUN1 2,037,800.00 2,014,887.35 6.750000 % 1,581.34
B-2 76110FUP6 1,222,600.00 1,208,853.30 6.750000 % 948.74
B-3 76110FUQ4 1,631,527.35 1,613,182.78 6.750000 % 1,266.07
- -------------------------------------------------------------------------------
407,565,332.24 317,330,944.66 4,775,316.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 696,273.06 3,510,555.21 0.00 0.00 121,092,975.53
CB-2 199,772.03 199,772.03 0.00 0.00 35,551,000.00
CB-3 248,457.72 248,457.72 0.00 0.00 44,215,000.00
NB-1 138,983.25 1,451,620.33 0.00 0.00 23,400,084.16
NB-2 269,892.11 896,857.28 0.00 0.00 47,362,766.21
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,958.21 76,958.21 0.00 0.00 13,684,000.00
A-P 0.00 82.63 0.00 0.00 68,662.44
A-V 248,794.64 248,794.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,608.10 83,886.98 0.00 0.00 13,086,686.58
M-2 28,310.94 32,264.37 0.00 0.00 5,033,363.79
M-3 23,780.83 27,101.66 0.00 0.00 4,227,962.35
B-1 11,324.15 12,905.49 0.00 0.00 2,013,306.01
B-2 6,794.05 7,742.79 0.00 0.00 1,207,904.56
B-3 9,066.47 10,332.54 0.00 0.00 1,506,938.15
- -------------------------------------------------------------------------------
2,032,015.56 6,807,331.88 0.00 0.00 312,450,649.78
===============================================================================
Run: 10/26/99 07:46:07
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-1 717.604059 16.298806 4.032438 20.331244 0.000000 701.305254
CB-2 1000.000000 0.000000 5.619308 5.619308 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.619308 5.619308 0.000000 1000.000000
NB-1 766.476064 40.712024 4.310627 45.022651 0.000000 725.764039
NB-2 616.517618 8.054537 3.467268 11.521805 0.000000 608.463081
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.623956 5.623956 0.000000 1000.000000
A-P 936.518943 1.125624 0.000000 1.125624 0.000000 935.393319
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-1 988.756178 0.776005 5.557048 6.333053 0.000000 987.980174
M-2 988.756177 0.776004 5.557049 6.333053 0.000000 987.980173
M-3 988.756176 0.776004 5.557048 6.333052 0.000000 987.980173
B-1 988.756183 0.776004 5.557047 6.333051 0.000000 987.980180
B-2 988.756175 0.776002 5.557051 6.333053 0.000000 987.980173
B-3 988.756198 0.776003 5.557044 6.333047 0.000000 923.636464
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:08 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 65,502.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,309.29
SUBSERVICER ADVANCES THIS MONTH 59,638.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 5,572,423.90
(B) TWO MONTHLY PAYMENTS: 6 712,635.10
(C) THREE OR MORE MONTHLY PAYMENTS: 7 912,278.19
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 899,039.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 312,450,649.78
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,396
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 4,294,724.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.42586500 % 7.04802500 % 1.52425210 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.33235510 % 7.15249360 % 1.51357920 %
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 8.01902400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.93
POOL TRADING FACTOR: 76.66271517
................................................................................
Run: 10/26/99 07:46:08 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 124,454,000.00 102,726,469.19 6.500000 % 1,400,460.31
NB 76110FTP8 41,430,000.00 29,637,700.55 6.500000 % 699,419.17
A-P 76110FTQ6 63,383.01 59,776.94 0.000000 % 236.53
A-V 76110FTV5 0.00 0.00 0.930557 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,288,174.09 6.500000 % 15,612.58
M-2 76110FTT0 780,000.00 742,129.08 6.500000 % 2,701.98
M-3 76110FTU7 693,500.00 659,828.86 6.500000 % 2,402.34
B-1 76110FTW3 520,000.00 494,752.74 6.500000 % 1,801.32
B-2 76110FTX1 433,500.00 412,452.50 6.500000 % 1,501.68
B-3 76110FTY9 433,464.63 412,418.89 6.500000 % 1,501.53
- -------------------------------------------------------------------------------
173,314,947.64 139,433,702.84 2,125,637.44
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 555,930.75 1,956,391.06 0.00 0.00 101,326,008.88
NB 160,392.05 859,811.22 0.00 0.00 28,938,281.38
A-P 0.00 236.53 0.00 0.00 59,540.41
A-V 108,027.84 108,027.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,206.56 38,819.14 0.00 0.00 4,272,561.51
M-2 4,016.23 6,718.21 0.00 0.00 739,427.10
M-3 3,570.83 5,973.17 0.00 0.00 657,426.52
B-1 2,677.48 4,478.80 0.00 0.00 492,951.42
B-2 2,232.10 3,733.78 0.00 0.00 410,950.82
B-3 2,231.92 3,733.45 0.00 0.00 410,917.34
- -------------------------------------------------------------------------------
862,285.76 2,987,923.20 0.00 0.00 137,308,065.38
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 825.417176 11.252835 4.466958 15.719793 0.000000 814.164341
NB 715.368104 16.881950 3.871399 20.753349 0.000000 698.486155
A-P 943.106678 3.731793 0.000000 3.731793 0.000000 939.374885
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-1 951.447546 3.464074 5.149004 8.613078 0.000000 947.983472
M-2 951.447538 3.464077 5.149013 8.613090 0.000000 947.983462
M-3 951.447527 3.464081 5.148998 8.613079 0.000000 947.983446
B-1 951.447577 3.464077 5.149000 8.613077 0.000000 947.983500
B-2 951.447520 3.464083 5.149020 8.613103 0.000000 947.983437
B-3 951.447619 3.464020 5.149025 8.613045 0.000000 947.983558
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:08 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 28,856.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,887.27
SUBSERVICER ADVANCES THIS MONTH 19,861.34
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,487,786.71
(B) TWO MONTHLY PAYMENTS: 1 86,195.65
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 461,271.56
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 137,308,065.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,504
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 1,617,963.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.97053980 % 4.08088700 % 0.94641690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.91124970 % 4.12897459 % 0.95798450 %
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 7.75546100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 157.57
POOL TRADING FACTOR: 79.22459502
................................................................................
Run: 10/26/99 07:45:24 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 17,385,193.60 6.750000 % 743,594.07
A-2 76110FUS0 29,011,000.00 2,066,159.72 6.750000 % 2,066,159.72
A-3 76110FUT8 12,434,000.00 12,434,000.00 6.750000 % 565,033.06
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 16,015,668.94 6.750000 % 12,142.14
A-11 76110FVB6 10,998.00 10,647.82 0.000000 % 11.31
A-12 76110FVC4 0.00 0.00 1.015921 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,776,203.76 6.750000 % 3,621.04
M-2 76110FVF7 2,011,300.00 1,990,134.36 6.750000 % 1,508.80
M-3 76110FVG5 2,011,300.00 1,990,134.36 6.750000 % 1,508.80
B-1 76110FVH3 884,900.00 875,587.89 6.750000 % 663.82
B-2 76110FVJ9 482,700.00 477,620.37 6.750000 % 362.10
B-3 76110FVK6 643,577.01 636,804.38 6.750000 % 482.79
- -------------------------------------------------------------------------------
160,885,875.01 126,041,155.20 3,395,087.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 97,771.95 841,366.02 0.00 0.00 16,641,599.53
A-2 11,619.80 2,077,779.52 0.00 0.00 0.00
A-3 69,927.12 634,960.18 0.00 0.00 11,868,966.94
A-4 97,877.72 97,877.72 0.00 0.00 17,404,000.00
A-5 44,040.48 44,040.48 0.00 0.00 7,831,000.00
A-6 77,907.39 77,907.39 0.00 0.00 13,853,000.00
A-7 83,716.83 83,716.83 0.00 0.00 14,886,000.00
A-8 47,291.07 47,291.07 0.00 0.00 8,409,000.00
A-9 28,119.32 28,119.32 0.00 0.00 5,000,000.00
A-10 90,069.94 102,212.08 0.00 0.00 16,003,526.80
A-11 0.00 11.31 0.00 0.00 10,636.51
A-12 106,685.04 106,685.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,860.72 30,481.76 0.00 0.00 4,772,582.72
M-2 11,192.25 12,701.05 0.00 0.00 1,988,625.56
M-3 11,192.25 12,701.05 0.00 0.00 1,988,625.56
B-1 4,924.18 5,588.00 0.00 0.00 874,924.07
B-2 2,686.07 3,048.17 0.00 0.00 477,258.27
B-3 3,581.30 4,064.09 0.00 0.00 636,321.59
- -------------------------------------------------------------------------------
815,463.43 4,210,551.08 0.00 0.00 122,646,067.55
===============================================================================
Run: 10/26/99 07:45:24
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-1 695.407744 29.743763 3.910878 33.654641 0.000000 665.663981
A-2 71.219872 71.219872 0.400531 71.620403 0.000000 0.000000
A-3 1000.000000 45.442582 5.623864 51.066446 0.000000 954.557418
A-4 1000.000000 0.000000 5.623863 5.623863 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623864 5.623864 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623864 5.623864 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623863 5.623863 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623864 5.623864 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623864 5.623864 0.000000 1000.000000
A-10 989.476643 0.750163 5.564682 6.314845 0.000000 988.726480
A-11 968.159665 1.028369 0.000000 1.028369 0.000000 967.131297
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-1 989.476644 0.750164 5.564682 6.314846 0.000000 988.726480
M-2 989.476637 0.750162 5.564685 6.314847 0.000000 988.726475
M-3 989.476637 0.750162 5.564685 6.314847 0.000000 988.726475
B-1 989.476653 0.750164 5.564674 6.314838 0.000000 988.726489
B-2 989.476631 0.750155 5.564678 6.314833 0.000000 988.726476
B-3 989.476582 0.750167 5.564680 6.314847 0.000000 988.726415
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:25 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 25,857.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 21,287.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 2,460,378.90
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 3 468,978.89
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 122,646,067.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 964
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 3,299,527.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.47310810 % 6.94789900 % 1.57899280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.24369060 % 7.13421475 % 1.62147590 %
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 8.08885445
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.90
POOL TRADING FACTOR: 76.23171863
................................................................................
Run: 10/26/99 07:45:25 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 23,694,284.09 6.750000 % 3,245,057.68
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 6.182500 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 8.452176 % 0.00
A-10 76110FVU2 7,590,000.00 7,096,063.32 6.750000 % 33,444.05
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 76,871.10 0.000000 % 71.21
A-14 76110FVZ3 0.00 0.00 0.932324 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,635,474.96 6.750000 % 9,108.58
M-2 76110FWC3 5,349,900.00 5,288,753.41 6.750000 % 4,140.19
M-3 76110FWD1 5,349,900.00 5,288,753.41 6.750000 % 4,140.19
B-1 76110FWE9 2,354,000.00 2,327,095.01 6.750000 % 1,821.72
B-2 76110FWF6 1,284,000.00 1,269,324.53 6.750000 % 993.66
B-3 76110FWG4 1,712,259.01 1,692,688.69 6.750000 % 1,325.09
- -------------------------------------------------------------------------------
427,987,988.79 351,869,308.52 3,300,102.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 133,208.14 3,378,265.82 0.00 0.00 20,449,226.41
A-2 241,743.95 241,743.95 0.00 0.00 43,000,000.00
A-3 337,317.14 337,317.14 0.00 0.00 60,000,000.00
A-4 151,792.71 151,792.71 0.00 0.00 27,000,000.00
A-5 295,152.49 295,152.49 0.00 0.00 52,500,000.00
A-6 205,201.26 205,201.26 0.00 0.00 36,500,000.00
A-7 140,548.81 140,548.81 0.00 0.00 25,000,000.00
A-8 53,578.38 53,578.38 0.00 0.00 10,405,000.00
A-9 24,420.59 24,420.59 0.00 0.00 3,469,000.00
A-10 39,893.73 73,337.78 0.00 0.00 7,062,619.27
A-11 42,164.64 42,164.64 0.00 0.00 7,500,000.00
A-12 158,123.03 158,123.03 0.00 0.00 28,126,000.00
A-13 0.00 71.21 0.00 0.00 76,799.89
A-14 273,232.06 273,232.06 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,414.09 74,522.67 0.00 0.00 11,626,366.38
M-2 29,733.12 33,873.31 0.00 0.00 5,284,613.22
M-3 29,733.12 33,873.31 0.00 0.00 5,284,613.22
B-1 13,082.82 14,904.54 0.00 0.00 2,325,273.29
B-2 7,136.08 8,129.74 0.00 0.00 1,268,330.87
B-3 9,516.21 10,841.30 0.00 0.00 1,691,363.60
- -------------------------------------------------------------------------------
2,250,992.37 5,551,094.74 0.00 0.00 348,569,206.15
===============================================================================
Run: 10/26/99 07:45:25
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-1 239.336203 32.778360 1.345537 34.123897 0.000000 206.557843
A-2 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-3 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-4 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-5 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-6 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-7 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-8 1000.000000 0.000000 5.149292 5.149292 0.000000 1000.000000
A-9 1000.000000 0.000000 7.039663 7.039663 0.000000 1000.000000
A-10 934.922704 4.406331 5.256091 9.662422 0.000000 930.516373
A-11 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-12 1000.000000 0.000000 5.621952 5.621952 0.000000 1000.000000
A-13 987.682350 0.914945 0.000000 0.914945 0.000000 986.767405
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-1 988.570515 0.773881 5.557697 6.331578 0.000000 987.796634
M-2 988.570517 0.773882 5.557696 6.331578 0.000000 987.796636
M-3 988.570517 0.773882 5.557696 6.331578 0.000000 987.796636
B-1 988.570523 0.773883 5.557698 6.331581 0.000000 987.796640
B-2 988.570506 0.773879 5.557695 6.331574 0.000000 987.796628
B-3 988.570468 0.773884 5.557693 6.331577 0.000000 987.796583
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:25 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 72,848.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,671.39
SUBSERVICER ADVANCES THIS MONTH 65,354.12
MASTER SERVICER ADVANCES THIS MONTH 1,106.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 6,278,069.14
(B) TWO MONTHLY PAYMENTS: 10 1,468,488.43
(C) THREE OR MORE MONTHLY PAYMENTS: 3 718,010.96
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 538,916.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 348,569,206.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,703
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 142,634.15
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,024,638.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.18229640 % 6.31422900 % 1.50347410 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.11444490 % 6.36762870 % 1.51652310 %
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 8.01043650
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.69
POOL TRADING FACTOR: 81.44368891
................................................................................
Run: 10/26/99 07:45:27 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 37,403,809.42 6.750000 % 5,344,282.08
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 6.170630 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 8.612721 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,839.16 0.000000 % 87.96
A-11 76110FWT6 0.00 0.00 0.881920 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,066,794.83 6.750000 % 16,762.98
M-2 76110FWW9 6,000,000.00 5,939,992.19 6.750000 % 7,620.23
M-3 76110FWX7 4,799,500.00 4,751,498.75 6.750000 % 6,095.55
B-1 76110FWY5 2,639,600.00 2,613,200.57 6.750000 % 3,352.39
B-2 76110FWZ2 1,439,500.00 1,425,103.12 6.750000 % 1,828.22
B-3 76110FXA6 1,919,815.88 1,900,615.25 6.750000 % 2,438.23
- -------------------------------------------------------------------------------
479,943,188.77 404,928,853.29 5,382,467.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 210,338.55 5,554,620.63 0.00 0.00 32,059,527.34
A-2 269,740.15 269,740.15 0.00 0.00 47,967,000.00
A-3 379,701.14 379,701.14 0.00 0.00 67,521,000.00
A-4 170,649.29 170,649.29 0.00 0.00 30,346,000.00
A-5 256,485.67 256,485.67 0.00 0.00 45,610,000.00
A-6 160,988.20 160,988.20 0.00 0.00 28,628,000.00
A-7 83,378.26 83,378.26 0.00 0.00 16,219,000.00
A-8 36,206.53 36,206.53 0.00 0.00 5,046,000.00
A-9 542,263.90 542,263.90 0.00 0.00 96,429,000.00
A-10 0.00 87.96 0.00 0.00 61,751.20
A-11 297,513.91 297,513.91 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,480.50 90,243.48 0.00 0.00 13,050,031.85
M-2 33,403.27 41,023.50 0.00 0.00 5,932,371.96
M-3 26,719.83 32,815.38 0.00 0.00 4,745,403.20
B-1 14,695.21 18,047.60 0.00 0.00 2,609,848.18
B-2 8,014.00 9,842.22 0.00 0.00 1,423,274.90
B-3 10,688.02 13,126.25 0.00 0.00 1,898,177.02
- -------------------------------------------------------------------------------
2,574,266.43 7,956,734.07 0.00 0.00 399,546,385.65
===============================================================================
Run: 10/26/99 07:45:27
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-1 333.614077 47.667009 1.876063 49.543072 0.000000 285.947067
A-2 1000.000000 0.000000 5.623453 5.623453 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623453 5.623453 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623453 5.623453 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623453 5.623453 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623453 5.623453 0.000000 1000.000000
A-7 1000.000000 0.000000 5.140777 5.140777 0.000000 1000.000000
A-8 1000.000000 0.000000 7.175293 7.175293 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623452 5.623452 0.000000 1000.000000
A-10 983.558414 1.399013 0.000000 1.399013 0.000000 982.159401
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-1 989.998699 1.270038 5.567211 6.837249 0.000000 988.728661
M-2 989.998698 1.270038 5.567212 6.837250 0.000000 988.728660
M-3 989.998698 1.270039 5.567211 6.837250 0.000000 988.728659
B-1 989.998701 1.270037 5.567211 6.837248 0.000000 988.728663
B-2 989.998694 1.270038 5.567211 6.837249 0.000000 988.728656
B-3 989.998713 1.270033 5.567211 6.837244 0.000000 988.728680
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:27 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 83,695.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,425.68
SUBSERVICER ADVANCES THIS MONTH 58,991.87
MASTER SERVICER ADVANCES THIS MONTH 2,312.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 6,374,282.56
(B) TWO MONTHLY PAYMENTS: 6 380,121.39
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,126,708.29
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 236,524.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 399,546,385.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,077
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 302,792.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,863,017.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 203,095.46
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.66494830 % 5.86817000 % 1.46688140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.57565760 % 5.93868644 % 1.48473800 %
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 7.95829651
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.21
POOL TRADING FACTOR: 83.24868339
................................................................................
Run: 10/26/99 07:46:09 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 188,037,444.00 163,889,551.10 7.000000 % 2,111,474.98
CB-2 76110FXP8 6,964,350.00 6,069,983.56 0.000000 % 78,202.78
NB-1 76110FXQ1 25,499,800.00 16,582,437.40 6.750000 % 1,016,104.88
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 10,592,983.22 6.400000 % 530,526.29
NB-8 76110FXX6 20,899,000.00 15,784,165.88 6.100000 % 582,805.88
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,862.50 0.000000 % 57.47
A-V 76110FYA5 0.00 0.00 0.834187 % 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 8,726,103.21 6.750000 % 10,179.90
M-2 76110FYE7 4,001,000.00 3,966,275.36 6.750000 % 4,627.07
M-3 76110FYF4 3,201,000.00 3,173,218.54 6.750000 % 3,701.89
B-1 76110FYG2 1,760,300.00 1,745,022.38 6.750000 % 2,035.75
B-2 76110FYH0 960,000.00 951,668.16 6.750000 % 1,110.22
B-3 76110FYJ6 1,280,602.22 1,269,487.92 6.750000 % 1,480.99
- -------------------------------------------------------------------------------
320,086,417.14 276,180,918.23 4,342,308.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 955,748.04 3,067,223.02 0.00 0.00 161,778,076.12
CB-2 0.00 78,202.78 0.00 0.00 5,991,780.78
NB-1 93,269.95 1,109,374.83 0.00 0.00 15,566,332.52
NB-2 41,751.58 41,751.58 0.00 0.00 7,423,000.00
NB-3 120,536.55 120,536.55 0.00 0.00 21,430,159.00
NB-4 22,610.98 22,610.98 0.00 0.00 4,020,000.00
NB-5 59,058.53 59,058.53 0.00 0.00 10,500,000.00
NB-6 3,089.41 3,089.41 0.00 0.00 0.00
NB-7 56,492.12 587,018.41 0.00 0.00 10,062,456.93
NB-8 80,230.79 663,036.67 0.00 0.00 15,201,360.00
NB-9 8,549.19 8,549.19 0.00 0.00 0.00
A-P 0.00 57.47 0.00 0.00 56,805.03
A-V 191,947.94 191,947.94 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 49,072.65 59,252.55 0.00 0.00 8,715,923.31
M-2 22,304.99 26,932.06 0.00 0.00 3,961,648.29
M-3 17,845.10 21,546.99 0.00 0.00 3,169,516.65
B-1 9,813.41 11,849.16 0.00 0.00 1,742,986.63
B-2 5,351.86 6,462.08 0.00 0.00 950,557.94
B-3 7,139.17 8,620.16 0.00 0.00 1,268,006.94
- -------------------------------------------------------------------------------
1,744,812.26 6,087,120.36 0.00 0.00 271,838,610.14
===============================================================================
Run: 10/26/99 07:46:09
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-1 871.579339 11.229013 5.082754 16.311767 0.000000 860.350325
CB-2 871.579338 11.229013 0.000000 11.229013 0.000000 860.350324
NB-1 650.296763 39.847563 3.657674 43.505237 0.000000 610.449201
NB-2 1000.000000 0.000000 5.624623 5.624623 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624622 5.624622 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624622 5.624622 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624622 5.624622 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 694.667402 34.790891 3.704644 38.495535 0.000000 659.876512
NB-8 755.259385 27.886783 3.838977 31.725760 0.000000 727.372602
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 979.342399 0.989760 0.000000 0.989760 0.000000 978.352639
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-1 991.321012 1.156478 5.574854 6.731332 0.000000 990.164534
M-2 991.321010 1.156478 5.574854 6.731332 0.000000 990.164531
M-3 991.321006 1.156479 5.574852 6.731331 0.000000 990.164527
B-1 991.321013 1.156479 5.574851 6.731330 0.000000 990.164535
B-2 991.321000 1.156479 5.574854 6.731333 0.000000 990.164521
B-3 991.321036 1.156479 5.574854 6.731333 0.000000 990.164568
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:09 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 57,080.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,634.83
SUBSERVICER ADVANCES THIS MONTH 56,239.50
MASTER SERVICER ADVANCES THIS MONTH 975.03
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,948,401.80
(B) TWO MONTHLY PAYMENTS: 6 878,446.19
(C) THREE OR MORE MONTHLY PAYMENTS: 5 579,299.00
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,112,728.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 271,838,610.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,940
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 125,854.74
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,018,051.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 110,633.24
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.79869220 % 5.74463900 % 1.43607980 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.71156520 % 5.82959435 % 1.45762200 %
BANKRUPTCY AMOUNT AVAILABLE 160,187.00
FRAUD AMOUNT AVAILABLE 2,721,661.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,721,661.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.91094800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.40
POOL TRADING FACTOR: 84.92663093
................................................................................
Run: 10/26/99 07:46:09 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 112,514,000.00 100,860,708.45 6.500000 % 1,170,132.82
NB 37,758,000.00 30,630,663.73 6.500000 % 126,664.99
A-P 53,454.22 51,048.81 0.000000 % 208.31
A-V 0.00 0.00 0.841133 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,923,856.70 6.500000 % 14,040.09
M-2 706,500.00 678,962.72 6.500000 % 2,429.42
M-3 628,000.00 603,522.42 6.500000 % 2,159.49
B-1 471,000.00 452,641.82 6.500000 % 1,619.61
B-2 314,000.00 301,761.21 6.500000 % 1,079.74
B-3 471,221.05 452,854.24 6.500000 % 1,620.37
- -------------------------------------------------------------------------------
156,999,275.27 137,956,020.10 1,319,954.84
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 545,938.72 1,716,071.54 0.00 0.00 99,690,575.63
NB 165,797.62 292,462.61 0.00 0.00 30,503,998.74
A-P 0.00 208.31 0.00 0.00 50,840.50
A-V 96,630.38 96,630.38 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,239.04 35,279.13 0.00 0.00 3,909,816.61
M-2 3,675.08 6,104.50 0.00 0.00 676,533.30
M-3 3,266.75 5,426.24 0.00 0.00 601,362.93
B-1 2,450.06 4,069.67 0.00 0.00 451,022.21
B-2 1,633.37 2,713.11 0.00 0.00 300,681.47
B-3 2,451.21 4,071.58 0.00 0.00 451,233.86
- -------------------------------------------------------------------------------
843,082.23 2,163,037.07 0.00 0.00 136,636,065.25
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 896.428075 10.399886 4.852185 15.252071 0.000000 886.028189
NB 811.236393 3.354653 4.391059 7.745712 0.000000 807.881740
A-P 955.000559 3.897072 0.000000 3.897072 0.000000 951.103487
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-1 961.022949 3.438670 5.201822 8.640492 0.000000 957.584279
M-2 961.022958 3.438669 5.201812 8.640481 0.000000 957.584289
M-3 961.022962 3.438678 5.201831 8.640509 0.000000 957.584283
B-1 961.022972 3.438662 5.201826 8.640488 0.000000 957.584310
B-2 961.022962 3.438662 5.201815 8.640477 0.000000 957.584299
B-3 961.022942 3.438662 5.201826 8.640488 0.000000 957.584270
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:10 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 28,620.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,607.15
SUBSERVICER ADVANCES THIS MONTH 17,716.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,197,916.72
(B) TWO MONTHLY PAYMENTS: 1 90,277.44
(C) THREE OR MORE MONTHLY PAYMENTS: 3 292,250.47
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 296,150.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 136,636,065.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,323
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 826,350.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.34926190 % 3.77391400 % 0.87510300 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.32112610 % 3.79673758 % 0.88072300 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,370,649.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,562,110.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.66623300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 161.00
POOL TRADING FACTOR: 87.02974266
................................................................................
Run: 10/26/99 07:45:34 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 67,394,609.78 6.500000 % 2,499,850.52
A-3 76110FYM9 46,000,000.00 31,642,275.86 6.250000 % 1,173,698.70
A-4 76110FYN7 37,995,000.00 26,135,831.94 8.000000 % 969,449.61
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 90,491.64 0.000000 % 104.42
A-V 76110FYS6 0.00 0.00 0.815237 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,295,085.04 6.750000 % 9,585.89
M-2 76110FYV9 5,563,000.00 5,511,487.36 6.750000 % 4,297.04
M-3 76110FYW7 4,279,000.00 4,239,377.02 6.750000 % 3,305.24
B-1 76110FYX5 2,567,500.00 2,543,725.30 6.750000 % 1,983.22
B-2 76110FYY3 1,283,800.00 1,271,912.19 6.750000 % 991.65
B-3 76110FYZ0 1,711,695.86 1,695,845.74 6.750000 % 1,322.17
- -------------------------------------------------------------------------------
427,918,417.16 370,858,641.87 4,664,588.46
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 586,021.30 586,021.30 0.00 0.00 104,208,000.00
A-2 364,961.53 2,864,812.05 0.00 0.00 64,894,759.26
A-3 164,761.71 1,338,460.41 0.00 0.00 30,468,577.16
A-4 174,194.68 1,143,644.29 0.00 0.00 25,166,382.33
A-5 144,857.62 144,857.62 0.00 0.00 25,759,000.00
A-6 495,273.71 495,273.71 0.00 0.00 88,071,000.00
A-P 0.00 104.42 0.00 0.00 90,387.22
A-V 251,884.16 251,884.16 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,142.31 78,728.20 0.00 0.00 12,285,499.15
M-2 30,994.26 35,291.30 0.00 0.00 5,507,190.32
M-3 23,840.45 27,145.69 0.00 0.00 4,236,071.78
B-1 14,304.82 16,288.04 0.00 0.00 2,541,742.08
B-2 7,152.70 8,144.35 0.00 0.00 1,270,920.54
B-3 9,536.71 10,858.88 0.00 0.00 1,694,523.57
- -------------------------------------------------------------------------------
2,336,925.96 7,001,514.42 0.00 0.00 366,194,053.41
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 0.000000 5.623573 5.623573 0.000000 1000.000000
A-2 687.875578 25.515188 3.725048 29.240236 0.000000 662.360391
A-3 687.875562 25.515189 3.581776 29.096965 0.000000 662.360373
A-4 687.875561 25.515189 4.584674 30.099863 0.000000 662.360372
A-5 1000.000000 0.000000 5.623573 5.623573 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623573 5.623573 0.000000 1000.000000
A-P 949.332835 1.095453 0.000000 1.095453 0.000000 948.237382
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-1 990.740132 0.772433 5.571500 6.343933 0.000000 989.967699
M-2 990.740133 0.772432 5.571501 6.343933 0.000000 989.967701
M-3 990.740131 0.772433 5.571500 6.343933 0.000000 989.967698
B-1 990.740136 0.772432 5.571498 6.343930 0.000000 989.967704
B-2 990.740139 0.772433 5.571506 6.343939 0.000000 989.967705
B-3 990.740107 0.772433 5.571498 6.343931 0.000000 989.967675
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:34 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 76,692.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,664.73
SUBSERVICER ADVANCES THIS MONTH 44,064.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,914,092.48
(B) TWO MONTHLY PAYMENTS: 6 594,085.40
(C) THREE OR MORE MONTHLY PAYMENTS: 3 187,501.66
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 441,461.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 366,194,053.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,852
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 4,375,432.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.56747580 % 5.94602000 % 1.48650400 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.47864740 % 6.01559775 % 1.50426960 %
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 7.88996169
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.66
POOL TRADING FACTOR: 85.57567020
................................................................................
Run: 10/26/99 07:46:10 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 250,018,000.00 224,400,808.24 6.500000 % 3,125,668.64
NB 150,029,000.00 128,655,945.83 6.500000 % 891,485.77
A-V 0.00 0.00 1.007566 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,517,643.75 6.500000 % 23,443.28
M-2 5,377,000.00 5,337,164.66 6.500000 % 8,618.52
M-3 4,517,000.00 4,483,535.96 6.500000 % 7,240.07
B-1 2,581,000.00 2,561,878.73 6.500000 % 4,136.95
B-2 1,290,500.00 1,280,939.37 6.500000 % 2,068.48
B-3 1,720,903.67 1,708,154.43 6.500000 % 2,758.35
- -------------------------------------------------------------------------------
430,159,503.67 382,946,070.97 4,065,420.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,215,180.14 4,340,848.78 0.00 0.00 221,275,139.60
NB 696,731.91 1,588,217.68 0.00 0.00 127,764,460.06
A-V 321,455.57 321,455.57 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,614.29 102,057.57 0.00 0.00 14,494,200.47
M-2 28,901.20 37,519.72 0.00 0.00 5,328,546.14
M-3 24,278.73 31,518.80 0.00 0.00 4,476,295.89
B-1 13,872.79 18,009.74 0.00 0.00 2,557,741.78
B-2 6,936.40 9,004.88 0.00 0.00 1,278,870.89
B-3 9,249.80 12,008.15 0.00 0.00 1,705,396.09
- -------------------------------------------------------------------------------
2,395,220.83 6,460,640.89 0.00 0.00 378,880,650.92
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 897.538610 12.501774 4.860371 17.362145 0.000000 885.036836
NB 857.540514 5.942090 4.643982 10.586072 0.000000 851.598425
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-1 992.591532 1.602850 5.374969 6.977819 0.000000 990.988683
M-2 992.591531 1.602849 5.374967 6.977816 0.000000 990.988681
M-3 992.591534 1.602849 5.374968 6.977817 0.000000 990.988685
B-1 992.591527 1.602848 5.374967 6.977815 0.000000 990.988679
B-2 992.591530 1.602852 5.374971 6.977823 0.000000 990.988679
B-3 992.591543 1.602850 5.374967 6.977817 0.000000 990.988700
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:10 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 79,398.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,009.89
SUBSERVICER ADVANCES THIS MONTH 42,233.72
MASTER SERVICER ADVANCES THIS MONTH 2,828.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,628,130.60
(B) TWO MONTHLY PAYMENTS: 5 1,057,300.69
(C) THREE OR MORE MONTHLY PAYMENTS: 2 700,372.45
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 507,346.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 378,880,650.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,749
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 408,575.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,442,248.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 322,232.54
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.19490180 % 6.35555400 % 1.44954420 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.12389150 % 6.41337647 % 1.46273210 %
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 7.80508700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.80
POOL TRADING FACTOR: 88.07910733
................................................................................
Run: 10/26/99 07:45:35 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 99,360,978.59 6.500000 % 875,494.26
A-P 76110FZB2 32,286.88 30,818.70 0.000000 % 122.57
A-V 76110FZC0 0.00 0.00 0.754263 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,170,489.30 6.500000 % 11,062.23
M-2 76110FZF3 517,300.00 500,639.22 6.500000 % 1,746.79
M-3 76110FZG1 459,700.00 444,894.36 6.500000 % 1,552.29
B-1 76110FZH9 344,800.00 333,694.95 6.500000 % 1,164.30
B-2 76110FZJ5 229,800.00 222,398.77 6.500000 % 775.98
B-3 76110FZK2 344,884.43 333,776.72 6.500000 % 1,164.59
- -------------------------------------------------------------------------------
114,943,871.31 104,397,690.61 893,083.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 537,769.89 1,413,264.15 0.00 0.00 98,485,484.33
A-P 0.00 122.57 0.00 0.00 30,696.13
A-V 65,566.31 65,566.31 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,159.59 28,221.82 0.00 0.00 3,159,427.07
M-2 2,709.61 4,456.40 0.00 0.00 498,892.43
M-3 2,407.89 3,960.18 0.00 0.00 443,342.07
B-1 1,806.05 2,970.35 0.00 0.00 332,530.65
B-2 1,203.69 1,979.67 0.00 0.00 221,622.79
B-3 1,806.50 2,971.09 0.00 0.00 332,612.13
- -------------------------------------------------------------------------------
630,429.53 1,523,512.54 0.00 0.00 103,504,607.60
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 905.429962 7.977968 4.900445 12.878413 0.000000 897.451994
A-P 954.527040 3.796279 0.000000 3.796279 0.000000 950.730761
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-1 967.792827 3.376749 5.237970 8.614719 0.000000 964.416078
M-2 967.792809 3.376745 5.237986 8.614731 0.000000 964.416064
M-3 967.792821 3.376746 5.237960 8.614706 0.000000 964.416076
B-1 967.792778 3.376740 5.237964 8.614704 0.000000 964.416038
B-2 967.792733 3.376762 5.237990 8.614752 0.000000 964.415970
B-3 967.792950 3.376754 5.237987 8.614741 0.000000 964.416196
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:35 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 21,648.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,893.45
SUBSERVICER ADVANCES THIS MONTH 8,538.49
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 922,960.08
(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 103,504,607.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,131
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 528,821.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.20356100 % 3.94380200 % 0.85263690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.17904840 % 3.96278162 % 0.85699430 %
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 7.58085978
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 163.58
POOL TRADING FACTOR: 90.04795682
................................................................................
Run: 10/26/99 07:46:11 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 7,236,218.98 6.500000 % 513,919.71
A-2 76110FZY2 100,000,000.00 85,272,763.99 6.500000 % 1,552,925.10
A-3 76110FZZ9 33,937,000.00 29,565,115.51 6.500000 % 460,996.83
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 200,070,000.00 182,229,154.79 6.500000 % 1,668,415.99
NB-1 76110FA78 73,215,000.00 65,121,937.63 6.500000 % 2,145,447.54
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 59,668.05 0.000000 % 65.52
A-V 76110FB77 0.00 0.00 0.961236 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,069,354.03 6.500000 % 14,936.70
M-2 76110FC27 7,062,000.00 7,011,390.52 6.500000 % 5,491.90
M-3 76110FC35 5,932,000.00 5,889,488.65 6.500000 % 4,613.14
B-1 76110FC43 3,389,000.00 3,364,712.90 6.500000 % 2,635.52
B-2 76110FC50 1,694,000.00 1,681,860.03 6.500000 % 1,317.37
B-3 76110FC68 2,259,938.31 2,243,864.85 6.500000 % 1,757.58
- -------------------------------------------------------------------------------
564,904,279.15 514,713,529.93 6,372,522.90
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 39,185.52 553,105.23 0.00 0.00 6,722,299.27
A-2 461,768.36 2,014,693.46 0.00 0.00 83,719,838.89
A-3 160,100.77 621,097.60 0.00 0.00 29,104,118.68
A-4 135,379.79 135,379.79 0.00 0.00 25,000,000.00
A-5 77,550.96 77,550.96 0.00 0.00 14,321,000.00
A-6 3,915.18 3,915.18 0.00 0.00 723,000.00
A-7 81,227.87 81,227.87 0.00 0.00 15,000,000.00
A-8 129,964.60 129,964.60 0.00 0.00 24,000,000.00
CB 986,750.13 2,655,166.12 0.00 0.00 180,560,738.80
NB-1 352,699.18 2,498,146.72 0.00 0.00 62,976,490.09
NB-2 10,831.96 10,831.96 0.00 0.00 2,000,000.00
NB-3 25,590.51 25,590.51 0.00 0.00 4,725,000.00
NB-4 25,644.67 25,644.67 0.00 0.00 4,735,000.00
NB-5 15,164.75 15,164.75 0.00 0.00 2,800,000.00
NB-6 14,428.17 14,428.17 0.00 0.00 2,664,000.00
NB-7 54,159.81 54,159.81 0.00 0.00 10,000,000.00
A-P 0.00 65.52 0.00 0.00 59,602.53
A-V 412,191.63 412,191.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,260.41 118,197.11 0.00 0.00 19,054,417.33
M-2 37,966.63 43,458.53 0.00 0.00 7,005,898.62
M-3 31,891.54 36,504.68 0.00 0.00 5,884,875.51
B-1 18,219.90 20,855.42 0.00 0.00 3,362,077.38
B-2 9,107.26 10,424.63 0.00 0.00 1,680,542.66
B-3 12,150.51 13,908.09 0.00 0.00 2,242,107.23
- -------------------------------------------------------------------------------
3,199,150.11 9,571,673.01 0.00 0.00 508,341,006.99
===============================================================================
Run: 10/26/99 07:46:11
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-1 597.540791 42.437631 3.235798 45.673429 0.000000 555.103160
A-2 852.727640 15.529251 4.617684 20.146935 0.000000 837.198389
A-3 871.176460 13.583900 4.717588 18.301488 0.000000 857.592559
A-4 1000.000000 0.000000 5.415192 5.415192 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415191 5.415191 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415192 5.415192 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415192 5.415192 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415192 5.415192 0.000000 1000.000000
CB 910.826985 8.339161 4.932024 13.271185 0.000000 902.487823
NB-1 889.461690 29.303388 4.817308 34.120696 0.000000 860.158302
NB-2 1000.000000 0.000000 5.415979 5.415979 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415981 5.415981 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.415982 5.415982 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.415982 5.415982 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.415981 5.415981 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.415981 5.415981 0.000000 1000.000000
A-P 990.491666 1.087703 0.000000 1.087703 0.000000 989.403963
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-1 992.833552 0.777670 5.376186 6.153856 0.000000 992.055882
M-2 992.833549 0.777669 5.376187 6.153856 0.000000 992.055879
M-3 992.833555 0.777670 5.376187 6.153857 0.000000 992.055885
B-1 992.833550 0.777669 5.376187 6.153856 0.000000 992.055881
B-2 992.833548 0.777668 5.376189 6.153857 0.000000 992.055880
B-3 992.887655 0.777711 5.376481 6.154192 0.000000 992.109928
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:11 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 106,714.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,700.61
SUBSERVICER ADVANCES THIS MONTH 53,514.42
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 5,849,630.60
(B) TWO MONTHLY PAYMENTS: 9 850,267.81
(C) THREE OR MORE MONTHLY PAYMENTS: 6 499,279.23
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 304,616.77
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 508,341,006.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,822
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 5,969,996.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.36073340 % 6.21126700 % 1.41640690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.27103050 % 6.28420509 % 1.43303950 %
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 7.78735000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.48
POOL TRADING FACTOR: 89.98710503
................................................................................
Run: 10/26/99 07:45:42 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 26,659,958.37 6.500000 % 1,911,901.54
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,775,434.13 6.500000 % 19,152.54
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 15,892.52 0.000000 % 15.95
A-V 76110FD75 0.00 0.00 1.067965 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,058,320.88 6.500000 % 7,002.50
M-2 76110FE25 3,360,700.00 3,330,302.92 6.500000 % 2,574.48
M-3 76110FE33 2,823,000.00 2,797,466.34 6.500000 % 2,162.57
B-1 76110FE41 1,613,200.00 1,598,608.82 6.500000 % 1,235.80
B-2 76110FE58 806,600.00 799,304.41 6.500000 % 617.90
B-3 76110FE66 1,075,021.18 1,065,297.73 6.500000 % 823.51
- -------------------------------------------------------------------------------
268,851,631.00 245,591,616.12 1,945,486.79
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 144,333.00 2,056,234.54 0.00 0.00 24,748,056.83
A-2 135,346.23 135,346.23 0.00 0.00 25,000,000.00
A-3 134,130.46 153,283.00 0.00 0.00 24,756,281.59
A-4 13,401.14 13,401.14 0.00 0.00 2,475,344.00
A-5 75,929.39 75,929.39 0.00 0.00 14,025,030.00
A-6 725,405.20 725,405.20 0.00 0.00 133,990,656.00
A-P 0.00 15.95 0.00 0.00 15,876.57
A-V 218,455.73 218,455.73 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,040.38 56,042.88 0.00 0.00 9,051,318.38
M-2 18,029.76 20,604.24 0.00 0.00 3,327,728.44
M-3 15,145.06 17,307.63 0.00 0.00 2,795,303.77
B-1 8,654.63 9,890.43 0.00 0.00 1,597,373.02
B-2 4,327.32 4,945.22 0.00 0.00 798,686.51
B-3 5,767.36 6,590.87 0.00 0.00 1,064,474.22
- -------------------------------------------------------------------------------
1,547,965.66 3,493,452.45 0.00 0.00 243,646,129.33
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 538.334882 38.606335 2.914464 41.520799 0.000000 499.728547
A-2 1000.000000 0.000000 5.413849 5.413849 0.000000 1000.000000
A-3 990.955133 0.766053 5.364881 6.130934 0.000000 990.189080
A-4 1000.000000 0.000000 5.413850 5.413850 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413849 5.413849 0.000000 1000.000000
A-6 1000.000000 0.000000 5.413849 5.413849 0.000000 1000.000000
A-P 968.476193 0.971979 0.000000 0.971979 0.000000 967.504214
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-1 990.955134 0.766054 5.364881 6.130935 0.000000 990.189080
M-2 990.955134 0.766055 5.364882 6.130937 0.000000 990.189080
M-3 990.955133 0.766054 5.364881 6.130935 0.000000 990.189079
B-1 990.955133 0.766055 5.364883 6.130938 0.000000 990.189078
B-2 990.955133 0.766055 5.364890 6.130945 0.000000 990.189078
B-3 990.955108 0.766050 5.364880 6.130930 0.000000 990.189068
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:43 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 50,881.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,722.16
SUBSERVICER ADVANCES THIS MONTH 35,374.06
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 4,213,799.88
(B) TWO MONTHLY PAYMENTS: 2 172,804.82
(C) THREE OR MORE MONTHLY PAYMENTS: 1 390,270.36
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 226,700.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 243,646,129.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,796
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 1,755,630.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.40588570 % 6.18387300 % 1.41024160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.35116160 % 6.22802859 % 1.42040400 %
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 7.89474982
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.98
POOL TRADING FACTOR: 90.62475404
................................................................................
Run: 10/26/99 07:45:44 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 7,951,734.59 6.500000 % 911,199.64
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 123,607,406.24 6.500000 % 1,093,699.04
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 35,436.37 0.000000 % 36.00
A-V 76110FF81 0.00 0.00 1.040336 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,239,627.06 6.500000 % 7,726.42
M-2 76110FG31 3,861,100.00 3,839,586.69 6.500000 % 2,897.20
M-3 76110FG49 3,378,500.00 3,359,675.65 6.500000 % 2,535.08
B-1 76110FG56 1,930,600.00 1,919,843.06 6.500000 % 1,448.64
B-2 76110FG64 965,300.00 959,921.54 6.500000 % 724.32
B-3 76110FG72 1,287,113.52 1,279,941.97 6.500000 % 965.80
- -------------------------------------------------------------------------------
321,757,386.08 299,419,173.17 2,021,232.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 43,066.05 954,265.69 0.00 0.00 7,040,534.95
A-2 514,675.94 514,675.94 0.00 0.00 95,030,000.00
A-3 669,449.21 1,763,148.25 0.00 0.00 122,513,707.20
A-4 20,569.71 20,569.71 0.00 0.00 3,798,000.00
A-5 28,265.74 28,265.74 0.00 0.00 5,219,000.00
A-6 4,999.32 4,999.32 0.00 0.00 1,000,000.00
A-7 5,832.54 5,832.54 0.00 0.00 1,000,000.00
A-8 43,343.69 43,343.69 0.00 0.00 8,003,000.00
A-9 174,263.00 174,263.00 0.00 0.00 32,176,000.00
A-P 0.00 36.00 0.00 0.00 35,400.37
A-V 259,545.10 259,545.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,457.12 63,183.54 0.00 0.00 10,231,900.64
M-2 20,794.94 23,692.14 0.00 0.00 3,836,689.49
M-3 18,195.77 20,730.85 0.00 0.00 3,357,140.57
B-1 10,397.74 11,846.38 0.00 0.00 1,918,394.42
B-2 5,198.87 5,923.19 0.00 0.00 959,197.22
B-3 6,932.08 7,897.88 0.00 0.00 1,278,976.17
- -------------------------------------------------------------------------------
1,880,986.82 3,902,218.96 0.00 0.00 297,397,941.03
===============================================================================
Run: 10/26/99 07:45:44
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-1 440.563720 50.484771 2.386063 52.870834 0.000000 390.078949
A-2 1000.000000 0.000000 5.415931 5.415931 0.000000 1000.000000
A-3 910.706096 8.058080 4.932322 12.990402 0.000000 902.648016
A-4 1000.000000 0.000000 5.415932 5.415932 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415930 5.415930 0.000000 1000.000000
A-6 1000.000000 0.000000 4.999320 4.999320 0.000000 1000.000000
A-7 1000.000000 0.000000 5.832540 5.832540 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415930 5.415930 0.000000 1000.000000
A-9 1000.000000 0.000000 5.415931 5.415931 0.000000 1000.000000
A-P 993.378944 1.009179 0.000000 1.009179 0.000000 992.369765
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-1 994.428189 0.750356 5.385755 6.136111 0.000000 993.677832
M-2 994.428191 0.750356 5.385755 6.136111 0.000000 993.677835
M-3 994.428193 0.750357 5.385754 6.136111 0.000000 993.677836
B-1 994.428188 0.750357 5.385756 6.136113 0.000000 993.677831
B-2 994.428198 0.750357 5.385756 6.136113 0.000000 993.677841
B-3 994.428192 0.750353 5.385756 6.136109 0.000000 993.677829
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:44 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 62,091.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,151.14
SUBSERVICER ADVANCES THIS MONTH 43,959.72
MASTER SERVICER ADVANCES THIS MONTH 759.35
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,676,609.47
(B) TWO MONTHLY PAYMENTS: 7 1,415,864.08
(C) THREE OR MORE MONTHLY PAYMENTS: 2 164,440.88
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 297,397,941.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,206
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 101,825.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,795,295.24
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.78564820 % 5.82492900 % 1.38942300 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.74209240 % 5.85939857 % 1.39781150 %
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 7.86844826
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.60
POOL TRADING FACTOR: 92.42925070
................................................................................
Run: 10/26/99 07:45:45 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 167,033,000.00 155,312,263.17 6.500000 % 1,603,893.21
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 42,359,776.55 6.500000 % 361,294.39
A-5 76110FJ79 60,600,000.00 47,927,264.24 6.500000 % 1,734,166.99
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 47,318,791.95 6.500000 % 35,943.62
A-P 76110FK36 12,443.31 12,103.66 0.000000 % 13.38
A-V 76110FK44 0.00 0.00 1.019284 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,230,384.46 6.500000 % 12,328.69
M-2 76110FK77 6,113,300.00 6,086,518.63 6.500000 % 4,623.35
M-3 76110FK85 5,349,000.00 5,325,566.91 6.500000 % 4,045.33
B-1 76110FK93 3,056,500.00 3,043,109.98 6.500000 % 2,311.56
B-2 76110FL27 1,528,300.00 1,521,604.77 6.500000 % 1,155.82
B-3 76110FL35 2,037,744.61 2,028,817.58 6.500000 % 1,541.11
- -------------------------------------------------------------------------------
509,426,187.92 482,033,201.90 3,761,317.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 841,092.27 2,444,985.48 0.00 0.00 153,708,369.96
A-2 48,809.83 48,809.83 0.00 0.00 9,013,000.00
A-3 140,012.12 140,012.12 0.00 0.00 25,854,000.00
A-4 229,399.02 590,693.41 0.00 0.00 41,998,482.16
A-5 259,549.69 1,993,716.68 0.00 0.00 46,193,097.25
A-6 541,549.17 541,549.17 0.00 0.00 100,000,000.00
A-7 108,309.83 108,309.83 0.00 0.00 20,000,000.00
A-8 256,254.52 292,198.14 0.00 0.00 47,282,848.33
A-P 0.00 13.38 0.00 0.00 12,090.28
A-V 409,351.71 409,351.71 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,895.51 100,224.20 0.00 0.00 16,218,055.77
M-2 32,961.49 37,584.84 0.00 0.00 6,081,895.28
M-3 28,840.56 32,885.89 0.00 0.00 5,321,521.58
B-1 16,479.93 18,791.49 0.00 0.00 3,040,798.42
B-2 8,240.24 9,396.06 0.00 0.00 1,520,448.95
B-3 10,987.05 12,528.16 0.00 0.00 2,027,276.47
- -------------------------------------------------------------------------------
3,019,732.94 6,781,050.39 0.00 0.00 478,271,884.45
===============================================================================
Run: 10/26/99 07:45:45
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-1 929.829813 9.602254 5.035486 14.637740 0.000000 920.227560
A-2 1000.000000 0.000000 5.415492 5.415492 0.000000 1000.000000
A-3 1000.000000 0.000000 5.415492 5.415492 0.000000 1000.000000
A-4 941.328368 8.028764 5.097756 13.126520 0.000000 933.299604
A-5 790.878948 28.616617 4.282998 32.899615 0.000000 762.262331
A-6 1000.000000 0.000000 5.415492 5.415492 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415492 5.415492 0.000000 1000.000000
A-8 995.619163 0.756278 5.391767 6.148045 0.000000 994.862885
A-P 972.704208 1.075277 0.000000 1.075277 0.000000 971.628932
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-1 995.619162 0.756278 5.391767 6.148045 0.000000 994.862885
M-2 995.619163 0.756277 5.391767 6.148044 0.000000 994.862886
M-3 995.619164 0.756278 5.391767 6.148045 0.000000 994.862887
B-1 995.619166 0.756277 5.391765 6.148042 0.000000 994.862889
B-2 995.619165 0.756278 5.391769 6.148047 0.000000 994.862887
B-3 995.619162 0.756277 5.391770 6.148047 0.000000 994.862880
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:45 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 100,087.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,974.89
SUBSERVICER ADVANCES THIS MONTH 46,952.16
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 5,767,844.19
(B) TWO MONTHLY PAYMENTS: 3 252,303.42
(C) THREE OR MORE MONTHLY PAYMENTS: 3 352,540.98
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 219,324.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 478,271,884.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,100
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 3,395,158.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.89740580 % 5.73470100 % 1.36789290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.84698470 % 5.77526581 % 1.37760350 %
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 7.84817724
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.32
POOL TRADING FACTOR: 93.88443229
................................................................................
Run: 10/26/99 07:45:45 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 200,000,000.00 189,135,731.71 6.250000 % 1,832,119.27
A-P 76110FH22 33,549.74 32,238.26 0.000000 % 216.24
A-V 76110FH30 0.00 0.00 0.901813 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,751,004.57 6.250000 % 19,647.45
M-2 76110FH63 942,600.00 924,216.05 6.250000 % 3,157.45
M-3 76110FH71 942,600.00 924,216.05 6.250000 % 3,157.45
B-1 76110FH89 628,400.00 616,144.04 6.250000 % 2,104.96
B-2 76110FH97 523,700.00 513,486.03 6.250000 % 1,754.25
B-3 76110FJ20 523,708.79 513,494.71 6.250000 % 1,754.28
- -------------------------------------------------------------------------------
209,460,058.53 198,410,531.42 1,863,911.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 984,427.01 2,816,546.28 0.00 0.00 187,303,612.44
A-P 0.00 216.24 0.00 0.00 32,022.02
A-V 149,008.62 149,008.62 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,933.24 49,580.69 0.00 0.00 5,731,357.12
M-2 4,810.43 7,967.88 0.00 0.00 921,058.60
M-3 4,810.43 7,967.88 0.00 0.00 921,058.60
B-1 3,206.95 5,311.91 0.00 0.00 614,039.08
B-2 2,672.63 4,426.88 0.00 0.00 511,731.78
B-3 2,672.67 4,426.95 0.00 0.00 511,740.43
- -------------------------------------------------------------------------------
1,181,541.98 3,045,453.33 0.00 0.00 196,546,620.07
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 945.678659 9.160596 4.922135 14.082731 0.000000 936.518062
A-P 960.909384 6.445355 0.000000 6.445355 0.000000 954.464029
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-1 980.496568 3.349720 5.103359 8.453079 0.000000 977.146848
M-2 980.496552 3.349724 5.103363 8.453087 0.000000 977.146828
M-3 980.496552 3.349724 5.103363 8.453087 0.000000 977.146828
B-1 980.496563 3.349714 5.103358 8.453072 0.000000 977.146849
B-2 980.496525 3.349723 5.103361 8.453084 0.000000 977.146802
B-3 980.496642 3.349724 5.103351 8.453075 0.000000 977.146918
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:45 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 41,216.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,102.74
SUBSERVICER ADVANCES THIS MONTH 22,328.62
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,995,219.20
(B) TWO MONTHLY PAYMENTS: 4 432,396.30
(C) THREE OR MORE MONTHLY PAYMENTS: 1 23,471.86
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 196,546,620.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,989
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 1,186,058.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.34094110 % 3.83078000 % 0.82827850 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.31282370 % 3.85327121 % 0.83327720 %
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 7.47787220
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 166.87
POOL TRADING FACTOR: 93.83489217
................................................................................
Run: 10/26/99 07:46:13 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 166,515,517.00 160,084,450.62 7.250000 % 1,295,517.29
CB-P 76110FL68 12,334,483.00 11,858,107.70 0.000000 % 95,964.25
NB-1 76110FL76 36,987,960.00 33,353,259.14 6.750000 % 525,820.42
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 17,209,833.53 6.750000 % 620,627.44
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 247,324.37 0.000000 % 306.78
A-V 76110FM59 0.00 0.00 0.803302 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,586,146.16 6.750000 % 7,054.92
M-2 76110FM83 3,848,100.00 3,834,438.53 6.750000 % 2,821.95
M-3 76110FM91 3,256,100.00 3,244,540.25 6.750000 % 2,387.82
B-1 76110FN25 1,924,100.00 1,917,269.09 6.750000 % 1,411.01
B-2 76110FN33 888,100.00 884,947.09 6.750000 % 651.28
B-3 76110FN41 1,183,701.20 1,179,490.47 6.750000 % 876.56
- -------------------------------------------------------------------------------
296,006,355.96 281,098,846.95 2,553,439.72
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 967,038.26 2,262,555.55 0.00 0.00 158,788,933.33
CB-P 0.00 95,964.25 0.00 0.00 11,762,143.45
NB-1 187,596.20 713,416.62 0.00 0.00 32,827,438.72
NB-2 19,877.07 19,877.07 0.00 0.00 3,534,000.00
NB-3 54,100.66 54,100.66 0.00 0.00 9,618,710.00
NB-4 96,797.12 717,424.56 0.00 0.00 16,589,206.09
NB-5 138,061.42 138,061.42 0.00 0.00 24,546,330.00
A-P 0.00 306.78 0.00 0.00 247,017.59
A-V 188,149.40 188,149.40 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,914.60 60,969.52 0.00 0.00 9,579,091.24
M-2 21,565.73 24,387.68 0.00 0.00 3,831,616.58
M-3 18,248.01 20,635.83 0.00 0.00 3,242,152.43
B-1 10,783.15 12,194.16 0.00 0.00 1,915,858.08
B-2 4,977.14 5,628.42 0.00 0.00 884,295.81
B-3 6,633.71 7,510.27 0.00 0.00 1,178,613.91
- -------------------------------------------------------------------------------
1,767,742.47 4,321,182.19 0.00 0.00 278,545,407.23
===============================================================================
Run: 10/26/99 07:46:13
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-1 961.378576 7.780160 5.807496 13.587656 0.000000 953.598417
CB-P 961.378576 7.780160 0.000000 7.780160 0.000000 953.598416
NB-1 901.732865 14.215989 5.071818 19.287807 0.000000 887.516876
NB-2 1000.000000 0.000000 5.624525 5.624525 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624523 5.624523 0.000000 1000.000000
NB-4 800.457373 28.866393 4.502192 33.368585 0.000000 771.590981
NB-5 1000.000000 0.000000 5.624524 5.624524 0.000000 1000.000000
A-P 993.850268 1.232771 0.000000 1.232771 0.000000 992.617498
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-1 996.449815 0.733337 5.604254 6.337591 0.000000 995.716479
M-2 996.449814 0.733336 5.604254 6.337590 0.000000 995.716478
M-3 996.449817 0.733337 5.604254 6.337591 0.000000 995.716480
B-1 996.449815 0.733335 5.604257 6.337592 0.000000 995.716480
B-2 996.449825 0.733341 5.604256 6.337597 0.000000 995.716485
B-3 996.442742 0.733335 5.604210 6.337545 0.000000 995.702218
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:13 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 58,261.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,215.52
SUBSERVICER ADVANCES THIS MONTH 26,386.82
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,681,667.60
(B) TWO MONTHLY PAYMENTS: 2 155,525.24
(C) THREE OR MORE MONTHLY PAYMENTS: 4 735,014.56
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 71,932.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 278,545,407.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,020
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 2,346,504.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.64848860 % 5.92856400 % 1.41647920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.58650830 % 5.97850829 % 1.42967690 %
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 7.87298300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.11
POOL TRADING FACTOR: 94.10115750
................................................................................
Run: 10/26/99 07:46:13 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 226,382,557.00 219,836,850.61 7.000000 % 2,281,166.18
CB-P 76110FN66 17,414,043.00 16,910,527.13 0.000000 % 175,474.32
NB-1 76110FN74 114,280,000.00 107,763,052.38 6.500000 % 2,183,773.53
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 47,151.73 0.000000 % 46.04
A-V 76110FP31 0.00 0.00 1.006979 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,834,618.34 6.500000 % 9,394.53
M-2 76110FP64 4,826,800.00 4,812,969.40 6.500000 % 3,522.94
M-3 76110FP72 4,223,400.00 4,211,298.37 6.500000 % 3,082.53
B-1 76110FP80 2,413,400.00 2,406,484.70 6.500000 % 1,761.47
B-2 76110FP98 1,206,800.00 1,203,342.07 6.500000 % 880.81
B-3 76110FQ22 1,608,966.42 1,604,350.74 6.500000 % 1,175.96
- -------------------------------------------------------------------------------
402,235,002.10 388,590,745.47 4,660,278.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,282,060.54 3,563,226.72 0.00 0.00 217,555,684.43
CB-P 0.00 175,474.32 0.00 0.00 16,735,052.81
NB-1 583,669.43 2,767,442.96 0.00 0.00 105,579,278.85
NB-2 20,776.65 20,776.65 0.00 0.00 3,836,000.00
NB-3 71,083.14 71,083.14 0.00 0.00 13,124,100.00
A-P 0.00 46.04 0.00 0.00 47,105.69
A-V 326,023.00 326,023.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,505.37 78,899.90 0.00 0.00 12,825,223.81
M-2 26,064.45 29,587.39 0.00 0.00 4,809,446.46
M-3 22,806.12 25,888.65 0.00 0.00 4,208,215.84
B-1 13,032.23 14,793.70 0.00 0.00 2,404,723.23
B-2 6,516.65 7,397.46 0.00 0.00 1,202,461.26
B-3 8,688.30 9,864.26 0.00 0.00 1,603,174.78
- -------------------------------------------------------------------------------
2,430,225.88 7,090,504.19 0.00 0.00 383,930,467.16
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 971.085642 10.076599 5.663248 15.739847 0.000000 961.009043
CB-P 971.085642 10.076599 0.000000 10.076599 0.000000 961.009044
NB-1 942.973857 19.108974 5.107363 24.216337 0.000000 923.864883
NB-2 1000.000000 0.000000 5.416228 5.416228 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416230 5.416230 0.000000 1000.000000
A-P 996.113925 0.972604 0.000000 0.972604 0.000000 995.141321
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-1 997.134626 0.729871 5.399943 6.129814 0.000000 996.404756
M-2 997.134623 0.729871 5.399944 6.129815 0.000000 996.404753
M-3 997.134624 0.729869 5.399943 6.129812 0.000000 996.404755
B-1 997.134623 0.729871 5.399946 6.129817 0.000000 996.404753
B-2 997.134629 0.729872 5.399942 6.129814 0.000000 996.404756
B-3 997.131276 0.730879 5.399926 6.130805 0.000000 996.400397
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:13 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 80,528.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,557.31
SUBSERVICER ADVANCES THIS MONTH 58,859.71
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 6,003,324.97
(B) TWO MONTHLY PAYMENTS: 7 1,009,865.52
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,172,815.72
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 383,930,467.16
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,669
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 4,375,833.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.03216830 % 5.62516900 % 1.34181720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.95274340 % 5.68928178 % 1.35727670 %
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 7.83394800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.54
POOL TRADING FACTOR: 95.44929336
................................................................................
Run: 10/26/99 07:45:49 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 260,286,000.00 249,365,251.55 6.750000 % 3,194,411.45
A-2 76110FQ48 15,420,000.00 15,178,262.90 6.750000 % 81,502.56
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,491,737.10 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,585.16 0.000000 % 97.08
A-V 76110FQ97 0.00 0.00 0.871109 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,941,761.46 6.750000 % 9,213.54
M-2 76110FR39 4,206,600.00 4,197,764.96 6.750000 % 2,988.49
M-3 76110FR47 3,680,500.00 3,672,769.92 6.750000 % 2,614.73
B-1 76110FR54 2,103,100.00 2,098,682.90 6.750000 % 1,494.10
B-2 76110FR62 1,051,600.00 1,049,391.34 6.750000 % 747.09
B-3 76110FR70 1,402,095.46 1,399,150.66 6.750000 % 996.09
- -------------------------------------------------------------------------------
350,510,075.44 339,535,357.95 3,294,065.13
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,402,447.99 4,596,859.44 0.00 0.00 246,170,840.10
A-2 85,363.64 166,866.20 0.00 0.00 15,096,760.34
A-3 197,123.70 197,123.70 0.00 0.00 35,050,000.00
A-4 0.00 0.00 81,502.56 0.00 14,573,239.66
A-P 0.00 97.08 0.00 0.00 90,488.08
A-V 246,436.10 246,436.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,785.39 81,998.93 0.00 0.00 12,932,547.92
M-2 23,608.53 26,597.02 0.00 0.00 4,194,776.47
M-3 20,655.92 23,270.65 0.00 0.00 3,670,155.19
B-1 11,803.14 13,297.24 0.00 0.00 2,097,188.80
B-2 5,901.86 6,648.95 0.00 0.00 1,048,644.25
B-3 7,868.92 8,865.01 0.00 0.00 1,398,154.57
- -------------------------------------------------------------------------------
2,073,995.19 5,368,060.32 81,502.56 0.00 336,322,795.38
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 958.043274 12.272698 5.388104 17.660802 0.000000 945.770576
A-2 984.323145 5.285510 5.535904 10.821414 0.000000 979.037636
A-3 1000.000000 0.000000 5.624071 5.624071 0.000000 1000.000000
A-4 1016.964007 0.000000 0.000000 0.000000 5.719478 1022.683485
A-P 994.567192 1.065876 0.000000 1.065876 0.000000 993.501316
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-1 997.899719 0.710428 5.612259 6.322687 0.000000 997.189291
M-2 997.899719 0.710429 5.612259 6.322688 0.000000 997.189291
M-3 997.899720 0.710428 5.612259 6.322687 0.000000 997.189292
B-1 997.899719 0.710427 5.612258 6.322685 0.000000 997.189292
B-2 997.899715 0.710432 5.612267 6.322699 0.000000 997.189283
B-3 997.899715 0.710430 5.612257 6.322687 0.000000 997.189286
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:49 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 70,498.09
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,234.04
SUBSERVICER ADVANCES THIS MONTH 30,485.56
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,002,808.75
(B) TWO MONTHLY PAYMENTS: 4 307,088.34
(C) THREE OR MORE MONTHLY PAYMENTS: 8 968,893.85
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 336,322,795.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,559
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 2,970,815.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.52911720 % 6.13127600 % 1.33960670 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.46310760 % 6.18378530 % 1.35144290 %
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 7.94562858
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.30
POOL TRADING FACTOR: 95.95239023
................................................................................
Run: 10/26/99 07:45:50 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 98,101,390.88 6.500000 % 827,846.95
A-P 76110FR96 122,858.97 121,449.74 0.000000 % 474.65
A-V 76110FS20 0.00 0.00 0.690958 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,539,149.91 6.500000 % 8,271.00
M-2 76110FS53 575,400.00 569,912.17 6.500000 % 1,856.42
M-3 76110FS61 470,800.00 466,309.80 6.500000 % 1,518.95
B-1 76110FS79 313,900.00 310,906.21 6.500000 % 1,012.74
B-2 76110FS87 261,600.00 259,105.02 6.500000 % 844.01
B-3 76110FS95 261,601.59 259,106.59 6.500000 % 844.00
- -------------------------------------------------------------------------------
104,617,860.56 102,627,330.32 842,668.72
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 530,873.89 1,358,720.84 0.00 0.00 97,273,543.93
A-P 0.00 474.65 0.00 0.00 120,975.09
A-V 59,036.06 59,036.06 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,740.56 22,011.56 0.00 0.00 2,530,878.91
M-2 3,084.07 4,940.49 0.00 0.00 568,055.75
M-3 2,523.42 4,042.37 0.00 0.00 464,790.85
B-1 1,682.47 2,695.21 0.00 0.00 309,893.47
B-2 1,402.15 2,246.16 0.00 0.00 258,261.01
B-3 1,402.15 2,246.15 0.00 0.00 258,262.59
- -------------------------------------------------------------------------------
613,744.77 1,456,413.49 0.00 0.00 101,784,661.60
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 980.543248 8.274498 5.306192 13.580690 0.000000 972.268750
A-P 988.529694 3.863373 0.000000 3.863373 0.000000 984.666321
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-1 990.462596 3.226322 5.359869 8.586191 0.000000 987.236273
M-2 990.462583 3.226312 5.359871 8.586183 0.000000 987.236270
M-3 990.462617 3.226317 5.359856 8.586173 0.000000 987.236300
B-1 990.462600 3.226314 5.359892 8.586206 0.000000 987.236285
B-2 990.462615 3.226338 5.359901 8.586239 0.000000 987.236277
B-3 990.462596 3.226318 5.359868 8.586186 0.000000 987.236316
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:50 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 21,279.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,726.04
SUBSERVICER ADVANCES THIS MONTH 2,125.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 128,719.00
(B) TWO MONTHLY PAYMENTS: 1 96,642.52
(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 101,784,661.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,011
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 508,338.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.70318340 % 3.48796800 % 0.80884900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.68170040 % 3.50124022 % 0.81289310 %
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 7.50892147
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 171.31
POOL TRADING FACTOR: 97.29185921
................................................................................
Run: 10/26/99 07:45:51 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 165,986,000.00 163,190,489.41 7.000000 % 2,581,251.38
A-2 76110FT37 10,215,000.00 10,101,061.27 7.000000 % 57,476.06
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 9,863,938.73 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 36,354,704.68 7.000000 % 595,837.28
A-P 76110FT78 469,164.61 468,163.93 0.000000 % 519.72
A-V 76110FT86 0.00 0.00 0.769889 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,683,400.68 7.000000 % 7,500.39
M-2 76110FU35 3,250,000.00 3,245,564.80 7.000000 % 2,278.58
M-3 76110FU43 2,843,700.00 2,839,819.27 7.000000 % 1,993.72
B-1 76110FU50 1,624,500.00 1,622,283.08 7.000000 % 1,138.94
B-2 76110FU68 812,400.00 811,291.34 7.000000 % 569.58
B-3 76110FU76 1,083,312.85 1,081,834.46 7.000000 % 759.51
- -------------------------------------------------------------------------------
270,813,177.46 267,343,551.65 3,249,325.16
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 950,892.67 3,532,144.05 0.00 0.00 160,609,238.03
A-2 58,857.75 116,333.81 0.00 0.00 10,043,585.21
A-3 157,797.95 157,797.95 0.00 0.00 27,081,000.00
A-4 0.00 0.00 57,476.06 0.00 9,921,414.79
A-5 211,834.79 807,672.07 0.00 0.00 35,758,867.40
A-P 0.00 519.72 0.00 0.00 467,644.21
A-V 171,331.26 171,331.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,250.98 69,751.37 0.00 0.00 10,675,900.29
M-2 18,911.54 21,190.12 0.00 0.00 3,243,286.22
M-3 16,547.31 18,541.03 0.00 0.00 2,837,825.55
B-1 9,452.86 10,591.80 0.00 0.00 1,621,144.14
B-2 4,727.30 5,296.88 0.00 0.00 810,721.76
B-3 6,303.73 7,063.24 0.00 0.00 1,081,074.95
- -------------------------------------------------------------------------------
1,668,908.14 4,918,233.30 57,476.06 0.00 264,151,702.55
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 983.158154 15.551019 5.728752 21.279771 0.000000 967.607136
A-2 988.845939 5.626633 5.761894 11.388527 0.000000 983.219306
A-3 1000.000000 0.000000 5.826888 5.826888 0.000000 1000.000000
A-4 1011.686024 0.000000 0.000000 0.000000 5.894981 1017.581004
A-5 982.559586 16.103710 5.725265 21.828975 0.000000 966.455876
A-P 997.867103 1.107756 0.000000 1.107756 0.000000 996.759346
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-1 998.635322 0.701102 5.818936 6.520038 0.000000 997.934220
M-2 998.635323 0.701102 5.818935 6.520037 0.000000 997.934222
M-3 998.635324 0.701101 5.818937 6.520038 0.000000 997.934223
B-1 998.635322 0.701102 5.818935 6.520037 0.000000 997.934220
B-2 998.635327 0.701108 5.818932 6.520040 0.000000 997.934220
B-3 998.635307 0.701099 5.818938 6.520037 0.000000 997.934207
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:51 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 55,246.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,064.86
SUBSERVICER ADVANCES THIS MONTH 35,476.70
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,181,812.77
(B) TWO MONTHLY PAYMENTS: 7 746,371.99
(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 264,151,702.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,922
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 3,004,083.41
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.39937640 % 6.28337600 % 1.31724730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.31278790 % 6.34370776 % 1.33225380 %
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 8.07977799
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.79
POOL TRADING FACTOR: 97.54019543
................................................................................
Run: 10/26/99 07:45:52 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 268,170,000.00 266,255,898.00 7.250000 % 3,443,577.13
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,580,571.57 7.250000 % 21,562.33
A-P 76110FV67 1,164,452.78 1,163,526.11 0.000000 % 8,611.75
A-V 76110FV75 0.00 0.00 0.668414 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,923,642.34 7.250000 % 9,214.89
M-2 76110FW25 4,232,700.00 4,229,917.96 7.250000 % 2,799.43
M-3 76110FW33 3,703,600.00 3,701,165.72 7.250000 % 2,449.49
B-1 76110FU84 2,116,400.00 2,115,008.95 7.250000 % 1,399.75
B-2 76110FU92 1,058,200.00 1,057,504.47 7.250000 % 699.87
B-3 76110FV26 1,410,899.63 1,409,972.29 7.250000 % 933.14
- -------------------------------------------------------------------------------
352,721,152.41 350,767,207.41 3,491,247.78
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,606,545.55 5,050,122.68 0.00 0.00 262,812,320.87
A-2 146,803.33 146,803.33 0.00 0.00 24,330,000.00
A-3 196,585.96 218,148.29 0.00 0.00 32,559,009.24
A-P 0.00 8,611.75 0.00 0.00 1,154,914.36
A-V 195,128.22 195,128.22 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 84,013.04 93,227.93 0.00 0.00 13,914,427.45
M-2 25,522.64 28,322.07 0.00 0.00 4,227,118.53
M-3 22,332.24 24,781.73 0.00 0.00 3,698,716.23
B-1 12,761.63 14,161.38 0.00 0.00 2,113,609.20
B-2 6,380.81 7,080.68 0.00 0.00 1,056,804.60
B-3 8,507.54 9,440.68 0.00 0.00 1,409,039.15
- -------------------------------------------------------------------------------
2,304,580.96 5,795,828.74 0.00 0.00 347,275,959.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 992.862356 12.841023 5.990773 18.831796 0.000000 980.021333
A-2 1000.000000 0.000000 6.033840 6.033840 0.000000 1000.000000
A-3 999.342727 0.661381 6.029874 6.691255 0.000000 998.681346
A-P 999.204201 7.395534 0.000000 7.395534 0.000000 991.808667
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-1 999.342727 0.661381 6.029875 6.691256 0.000000 998.681346
M-2 999.342727 0.661382 6.029872 6.691254 0.000000 998.681345
M-3 999.342726 0.661381 6.029874 6.691255 0.000000 998.681345
B-1 999.342728 0.661383 6.029876 6.691259 0.000000 998.681346
B-2 999.342723 0.661378 6.029871 6.691249 0.000000 998.681346
B-3 999.342731 0.661379 6.029869 6.691248 0.000000 998.681352
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:45:52 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 73,790.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,911.40
SUBSERVICER ADVANCES THIS MONTH 48,700.33
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 6,408,265.14
(B) TWO MONTHLY PAYMENTS: 1 109,350.00
(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 347,275,959.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,616
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 3,258,926.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.43794810 % 6.25128600 % 1.31076590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.36691450 % 6.28902220 % 1.32307840 %
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 8.21688306
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.18
POOL TRADING FACTOR: 98.45623299
................................................................................
Run: 10/26/99 07:46:15 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11(POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4394
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FX73 131,664,000.00 131,664,000.00 7.500000 % 227,604.83
NB-1 76110FX81 57,150,000.00 57,150,000.00 7.500000 % 545,525.98
NB-2 76110FX99 3,983,000.00 3,983,000.00 7.500000 % 0.00
NB-3 76110FY23 7,400,000.00 7,400,000.00 7.500000 % 0.00
A-P 76110FY31 1,364,847.05 1,364,847.05 0.000000 % 1,293.03
A-V 76110FY49 0.00 0.00 0.638903 % 0.00
R 76110FY56 100.00 100.00 7.500000 % 100.00
M-1 76110FY64 8,041,000.00 8,041,000.00 7.500000 % 5,025.97
M-2 76110FY72 2,608,000.00 2,608,000.00 7.500000 % 1,630.11
M-3 76110FY80 2,282,000.00 2,282,000.00 7.500000 % 1,426.35
B-1 76110FY98 1,304,000.00 1,304,000.00 7.500000 % 815.06
B-2 76110FZ22 652,000.00 652,000.00 7.500000 % 407.53
B-3 76110FZ30 869,417.87 869,417.87 7.500000 % 543.74
- -------------------------------------------------------------------------------
217,318,364.92 217,318,364.92 784,372.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 822,698.07 1,050,302.90 0.00 0.00 131,436,395.17
NB-1 357,177.41 902,703.39 0.00 0.00 56,604,474.02
NB-2 24,893.05 24,893.05 0.00 0.00 3,983,000.00
NB-3 46,248.69 46,248.69 0.00 0.00 7,400,000.00
A-P 0.00 1,293.03 0.00 0.00 1,363,554.02
A-V 115,684.74 115,684.74 0.00 0.00 0.00
R 0.63 100.63 0.00 0.00 0.00
M-1 50,246.87 55,272.84 0.00 0.00 8,035,974.03
M-2 16,296.96 17,927.07 0.00 0.00 2,606,369.89
M-3 14,259.84 15,686.19 0.00 0.00 2,280,573.65
B-1 8,148.48 8,963.54 0.00 0.00 1,303,184.94
B-2 4,074.24 4,481.77 0.00 0.00 651,592.47
B-3 5,432.85 5,976.59 0.00 0.00 868,874.19
- -------------------------------------------------------------------------------
1,465,161.83 2,249,534.43 0.00 0.00 216,533,992.38
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 1000.000000 1.728679 6.248466 7.977145 0.000000 998.271321
NB-1 1000.000000 9.545511 6.249823 15.795334 0.000000 990.454489
NB-2 1000.000000 0.000000 6.249824 6.249824 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.249823 6.249823 0.000000 1000.000000
A-P 1000.000000 0.947383 0.000000 0.947383 0.000000 999.052617
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 6.300000 1006.300000 0.000000 0.000000
M-1 1000.000000 0.625043 6.248833 6.873876 0.000000 999.374957
M-2 1000.000000 0.625042 6.248834 6.873876 0.000000 999.374958
M-3 1000.000000 0.625044 6.248834 6.873878 0.000000 999.374956
B-1 1000.000000 0.625046 6.248834 6.873880 0.000000 999.374954
B-2 1000.000000 0.625046 6.248834 6.873880 0.000000 999.374954
B-3 1000.000000 0.625407 6.248836 6.874243 0.000000 999.374665
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,209.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,048.38
SUBSERVICER ADVANCES THIS MONTH 6,059.45
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 842,911.23
(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 216,533,992.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,600
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 648,308.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.70379200 % 5.98786300 % 1.30834540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.68181570 % 5.96807800 % 1.31228600 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 4,346,367.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,173,184.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.41122400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 356.33
POOL TRADING FACTOR: 99.63906753
................................................................................
Run: 10/26/99 07:46:16 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12(POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4395
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FW41 74,644,000.00 74,644,000.00 7.000000 % 468,863.09
NB 76110FW58 25,183,000.00 25,183,000.00 7.000000 % 572,354.55
A-P 76110FW66 994,755.29 994,755.29 0.000000 % 6,359.74
A-V 76110FW74 0.00 0.00 0.536180 % 0.00
R 76110FW82 100.00 100.00 7.000000 % 100.00
M-1 76110FW90 3,503,000.00 3,503,000.00 7.000000 % 10,668.34
M-2 76110FX24 531,000.00 531,000.00 7.000000 % 1,617.15
M-3 76110FX32 477,700.00 477,700.00 7.000000 % 1,454.83
B-1 76110FX40 318,400.00 318,400.00 7.000000 % 969.68
B-2 76110FX57 212,300.00 212,300.00 7.000000 % 646.56
B-3 76110FX65 265,344.67 265,344.67 7.000000 % 808.53
- -------------------------------------------------------------------------------
106,129,599.96 106,129,599.96 1,063,842.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 435,071.11 903,934.20 0.00 0.00 74,175,136.91
NB 146,870.46 719,225.01 0.00 0.00 24,610,645.45
A-P 0.00 6,359.74 0.00 0.00 988,395.55
A-V 47,389.40 47,389.40 0.00 0.00 0.00
R 0.58 100.58 0.00 0.00 0.00
M-1 20,419.68 31,088.02 0.00 0.00 3,492,331.66
M-2 3,095.30 4,712.45 0.00 0.00 529,382.85
M-3 2,784.60 4,239.43 0.00 0.00 476,245.17
B-1 1,856.01 2,825.69 0.00 0.00 317,430.32
B-2 1,237.54 1,884.10 0.00 0.00 211,653.44
B-3 1,546.74 2,355.27 0.00 0.00 264,536.44
- -------------------------------------------------------------------------------
660,271.42 1,724,113.89 0.00 0.00 105,065,757.79
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 1000.000000 6.281323 5.828615 12.109938 0.000000 993.718677
NB 1000.000000 22.727814 5.832127 28.559941 0.000000 977.272186
A-P 1000.000000 6.393274 0.000000 6.393274 0.000000 993.606726
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 5.800000 1005.800000 0.000000 0.000000
M-1 1000.000000 3.045487 5.829198 8.874685 0.000000 996.954513
M-2 1000.000000 3.045480 5.829190 8.874670 0.000000 996.954520
M-3 1000.000000 3.045489 5.829181 8.874670 0.000000 996.954511
B-1 1000.000000 3.045477 5.829177 8.874654 0.000000 996.954523
B-2 1000.000000 3.045502 5.829204 8.874706 0.000000 996.954498
B-3 1000.000000 3.047093 5.829173 8.876266 0.000000 996.954048
_______________________________________________________________________________
DETERMINATION DATE 20-October-99
DISTRIBUTION DATE 25-October-99
Run: 10/26/99 07:46:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,076.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,952.74
SUBSERVICER ADVANCES THIS MONTH 6,665.36
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 706,590.18
(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 105,065,757.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,001
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 740,326.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.95148860 % 4.29134600 % 0.75716540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.91572440 % 4.28109003 % 0.76252910 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,122,592.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,878,734.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.79221500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 175.10
POOL TRADING FACTOR: 98.99760089
................................................................................
