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)
March 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 March, 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
<PAGE>
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
1999-QS2 RALI
<PAGE>
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: March 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: March 25, 1999
<PAGE>
Run: 03/31/99 13:04:06 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 1,343,236.72 7.300000 % 1,343,236.72
A-4 76110FAD5 46,000,000.00 46,000,000.00 7.500000 % 588,017.79
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 1,915,675.46 0.000000 % 71,253.04
- -------------------------------------------------------------------------------
258,459,514.42 102,467,912.18 2,002,507.55
===============================================================================
_______________________________________________________________________________
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 8,171.36 1,351,408.08 0.00 0.00 0.00
A-4 287,500.00 875,517.79 0.00 0.00 45,411,982.21
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 111,459.28 182,712.32 0.00 0.00 1,844,422.42
- -------------------------------------------------------------------------------
739,686.89 2,742,194.44 0.00 0.00 100,465,404.63
===============================================================================
_______________________________________________________________________________
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 60.370190 60.370190 0.367252 60.737442 0.000000 0.000000
A-4 1000.000000 12.782995 6.250000 19.032995 0.000000 987.217005
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 ****.******
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:04:06 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,687.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 410.36
SUBSERVICER ADVANCES THIS MONTH 79,563.68
MASTER SERVICER ADVANCES THIS MONTH 14,831.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 66 5,571,759.20
(B) TWO MONTHLY PAYMENTS: 9 946,836.29
(C) THREE OR MORE MONTHLY PAYMENTS: 6 489,873.43
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 2,029,317.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,465,404.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,228
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 14
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,769,519.97
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,803,181.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.13046310 % 1.86953690 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.16412180 % 1.83587820 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.33824791
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.53
POOL TRADING FACTOR: 38.87084786
................................................................................
Run: 03/31/99 13:08:55 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 5,979,904.44 6.750000 % 4,119,696.83
A-I-4 76110FAK9 31,852,000.00 31,852,000.00 6.900000 % 0.00
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 9,593,153.73 5.277500 % 399,981.24
R 0.53 1,546,533.64 0.000000 % 0.00
- -------------------------------------------------------------------------------
255,942,104.53 101,923,727.81 4,519,678.07
===============================================================================
_______________________________________________________________________________
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 33,636.96 4,153,333.79 0.00 0.00 1,860,207.61
A-I-4 183,149.00 183,149.00 0.00 0.00 31,852,000.00
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 39,377.23 439,358.47 0.00 0.00 9,193,172.49
R 9,669.90 9,669.90 60,044.84 0.00 1,606,578.48
- -------------------------------------------------------------------------------
574,163.09 5,093,841.16 60,044.84 0.00 97,464,094.58
===============================================================================
_______________________________________________________________________________
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-3 265.043189 182.594488 1.490868 184.085356 0.000000 82.448702
A-I-4 1000.000000 0.000000 5.750000 5.750000 0.000000 1000.000000
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 326.575802 13.616397 1.340503 14.956900 0.000000 312.959404
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:08:55 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,339.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 62,216.77
MASTER SERVICER ADVANCES THIS MONTH 8,373.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,566,695.44
(B) TWO MONTHLY PAYMENTS: 8 682,165.10
(C) THREE OR MORE MONTHLY PAYMENTS: 3 688,161.98
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,745,185.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,464,094.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 970
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 1,071,494.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,832,873.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.48265590 % 1.51734410 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.35162020 % 1.64837980 %
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 8.96596700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 293.78
POOL TRADING FACTOR: 38.08052401
................................................................................
Run: 03/31/99 13:04:35 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 7,345,879.69 7.050000 % 2,162,350.27
A-5 76110FAW3 14,000,000.00 14,000,000.00 7.350000 % 0.00
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 178,007.00 104,564.53 0.000000 % 130.39
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 91,502,969.40 2,162,480.66
===============================================================================
_______________________________________________________________________________
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 43,157.04 2,205,507.31 0.00 0.00 5,183,529.42
A-5 85,750.00 85,750.00 0.00 0.00 14,000,000.00
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 0.00 130.39 0.00 0.00 104,434.14
R 52,459.66 52,459.66 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
601,992.18 2,764,472.84 0.00 0.00 89,340,488.74
===============================================================================
_______________________________________________________________________________
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-4 489.725313 144.156685 2.877136 147.033821 0.000000 345.568628
A-5 1000.000000 0.000000 6.125000 6.125000 0.000000 1000.000000
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-10 587.418079 0.732499 0.000000 0.732499 0.000000 586.685580
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:04:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,722.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 58,024.60
MASTER SERVICER ADVANCES THIS MONTH 5,884.68
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,029,705.00
(B) TWO MONTHLY PAYMENTS: 3 357,566.59
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,283,661.77
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,433,047.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,340,488.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 956
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 755,708.56
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,946,207.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.01196160 % 1.98803840 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.96384120 % 2.03615880 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81312196
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 300.62
POOL TRADING FACTOR: 49.11208418
................................................................................
Run: 03/31/99 13:08:58 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 115,561.91 7.460000 % 115,561.91
A-I-6 76110FBH5 21,696,000.00 21,696,000.00 7.750000 % 4,333,666.97
A-I-7 76110FBJ1 8,047,000.00 8,047,000.00 7.750000 % 0.00
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 10,540,199.01 7.750000 % 147,974.41
A-P 76110FBQ5 1,166,695.86 856,328.61 0.000000 % 14,904.59
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 12,130,772.14 7.750000 % 13,166.67
M-2 76110FBU6 5,568,000.00 5,391,239.10 7.750000 % 5,851.62
M-3 76110FBV4 4,176,000.00 4,043,429.32 7.750000 % 4,388.71
B-1 1,809,600.00 1,752,152.69 7.750000 % 1,901.78
B-2 696,000.00 673,904.88 7.750000 % 731.45
B-3 1,670,738.96 1,450,081.34 7.750000 % 1,573.91
A-V 76110FHY2 0.00 0.00 0.691427 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 144,153,231.00 4,639,722.02
===============================================================================
_______________________________________________________________________________
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-5 714.47 116,276.38 0.00 0.00 0.00
A-I-6 139,351.71 4,473,018.68 0.00 0.00 17,362,333.03
A-I-7 51,685.25 51,685.25 0.00 0.00 8,047,000.00
A-I-8 111,990.06 111,990.06 0.00 0.00 17,436,000.00
A-I-9 161,504.36 161,504.36 0.00 0.00 25,145,000.00
A-I-10 122,035.51 122,035.51 0.00 0.00 19,000,000.00
A-I-11 101,967.49 101,967.49 0.00 0.00 15,875,562.00
A-II 67,698.87 215,673.28 0.00 0.00 10,392,224.60
A-P 0.00 14,904.59 0.00 0.00 841,424.02
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 77,915.00 91,081.67 0.00 0.00 12,117,605.47
M-2 34,627.51 40,479.13 0.00 0.00 5,385,387.48
M-3 25,970.63 30,359.34 0.00 0.00 4,039,040.61
B-1 11,253.94 13,155.72 0.00 0.00 1,750,250.91
B-2 4,328.44 5,059.89 0.00 0.00 673,173.43
B-3 9,313.76 10,887.67 0.00 0.00 1,448,507.43
A-V 82,604.07 82,604.07 0.00 0.00 0.00
STRIP 27.78 27.78 0.00 0.00 0.00
- -------------------------------------------------------------------------------
1,002,988.85 5,642,710.87 0.00 0.00 139,513,508.98
===============================================================================
Run: 03/31/99 13:08:58
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 6.217351 6.217351 0.038439 6.255790 0.000000 0.000000
A-I-6 1000.000000 199.744975 6.422922 206.167897 0.000000 800.255025
A-I-7 1000.000000 0.000000 6.422922 6.422922 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.422922 6.422922 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.422921 6.422921 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.422922 6.422922 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.422922 6.422922 0.000000 1000.000000
A-II 512.869173 7.200197 3.294118 10.494315 0.000000 505.668976
A-P 733.977585 12.775043 0.000000 12.775043 0.000000 721.202542
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-1 968.254152 1.050937 6.219021 7.269958 0.000000 967.203214
M-2 968.254149 1.050938 6.219021 7.269959 0.000000 967.203211
M-3 968.254148 1.050936 6.219021 7.269957 0.000000 967.203211
B-1 968.254139 1.050939 6.219021 7.269960 0.000000 967.203200
B-2 968.254138 1.050934 6.219023 7.269957 0.000000 967.203204
B-3 867.928129 0.942044 5.574635 6.516679 0.000000 866.986085
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 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:08:59 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,581.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 54,038.58
MASTER SERVICER ADVANCES THIS MONTH 2,439.09
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 4,400,345.70
(B) TWO MONTHLY PAYMENTS: 7 1,091,245.77
(C) THREE OR MORE MONTHLY PAYMENTS: 5 241,533.79
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,003,393.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 139,513,508.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,447
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 301,728.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,477,372.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.24554820 % 14.96008100 % 2.68890190 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 81.67333730 % 15.44082270 % 2.79214940 %
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 8.72674900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 299.83
POOL TRADING FACTOR: 50.11175872
................................................................................
Run: 03/31/99 13:09:00 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 26,945,000.00 315,747.55 11.000000 % 315,747.55
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 3,158,420.83 7.700000 % 3,158,420.83
A-I-6 76110FCB7 26,811,000.00 26,811,000.00 8.000000 % 394,484.09
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 4,278,779.53 7.250000 % 521,245.23
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,956,416.75 0.000000 % 23,091.23
A-V-1 0.00 0.00 0.938710 % 0.00
A-V-2 0.00 0.00 0.373613 % 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 12,813,750.71 8.000000 % 14,850.47
M-2 76110FCN1 5,570,800.00 5,395,324.61 8.000000 % 6,252.90
M-3 76110FCP6 4,456,600.00 4,316,220.96 8.000000 % 5,002.28
B-1 76110FCR2 2,228,400.00 2,158,207.34 8.000000 % 2,501.25
B-2 76110FCS0 696,400.00 675,803.68 8.000000 % 783.22
B-3 76110FCT8 1,671,255.97 1,054,025.17 8.000000 % 1,221.54
STRIP 0.00 0.00 0.204376 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 136,475,697.13 4,443,600.59
===============================================================================
_______________________________________________________________________________
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 2,883.60 318,631.15 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 20,191.27 3,178,612.10 0.00 0.00 0.00
A-I-6 178,076.26 572,560.35 0.00 0.00 26,416,515.91
A-I-7 119,859.92 119,859.92 0.00 0.00 18,046,000.00
A-I-8 60,401.54 60,401.54 0.00 0.00 9,094,000.00
A-I-9 68,305.41 68,305.41 0.00 0.00 10,284,000.00
A-I-10 180,618.61 180,618.61 0.00 0.00 27,538,000.00
A-II-1 25,754.96 547,000.19 0.00 0.00 3,757,534.30
A-II-2 54,494.38 54,494.38 0.00 0.00 8,580,000.00
A-P 0.00 23,091.23 0.00 0.00 1,933,325.52
A-V-1 72,023.32 72,023.32 0.00 0.00 0.00
A-V-2 13,667.36 13,667.36 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 85,107.78 99,958.25 0.00 0.00 12,798,900.24
M-2 35,835.26 42,088.16 0.00 0.00 5,389,071.71
M-3 28,667.96 33,670.24 0.00 0.00 4,311,218.68
B-1 14,334.62 16,835.87 0.00 0.00 2,155,706.09
B-2 4,488.63 5,271.85 0.00 0.00 675,020.46
B-3 7,000.74 8,222.28 0.00 0.00 1,037,148.19
STRIP 7,444.06 7,444.06 0.00 0.00 0.00
- -------------------------------------------------------------------------------
979,155.68 5,422,756.27 0.00 0.00 132,016,441.10
===============================================================================
Run: 03/31/99 13:09:00
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 11.718224 11.718224 0.107018 11.825242 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-5 315.117313 315.117313 2.014494 317.131807 0.000000 0.000000
A-I-6 1000.000000 14.713516 6.641910 21.355426 0.000000 985.286484
A-I-7 1000.000000 0.000000 6.641911 6.641911 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.641911 6.641911 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.641911 6.641911 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.558886 6.558886 0.000000 1000.000000
A-II-1 267.073187 32.535125 1.607575 34.142700 0.000000 234.538063
A-II-2 1000.000000 0.000000 6.351326 6.351326 0.000000 1000.000000
A-P 643.634787 7.596703 0.000000 7.596703 0.000000 636.038084
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-1 968.500866 1.122442 6.432696 7.555138 0.000000 967.378424
M-2 968.500863 1.122442 6.432695 7.555137 0.000000 967.378421
M-3 968.500866 1.122443 6.432698 7.555141 0.000000 967.378423
B-1 968.500871 1.122442 6.432696 7.555138 0.000000 967.378429
B-2 970.424584 1.124670 6.445477 7.570147 0.000000 969.299914
B-3 630.678477 0.730911 4.188909 4.919820 0.000000 620.580095
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:01 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,774.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 26.68
SUBSERVICER ADVANCES THIS MONTH 65,996.89
MASTER SERVICER ADVANCES THIS MONTH 10,035.70
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 51 4,178,243.98
(B) TWO MONTHLY PAYMENTS: 16 2,054,513.47
(C) THREE OR MORE MONTHLY PAYMENTS: 3 396,215.26
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,276,192.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 132,016,441.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,499
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 1,189,532.85
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,264,722.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.36464930 % 16.50498700 % 2.84888540 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.73060130 % 17.04271865 % 2.97338720 %
BANKRUPTCY AMOUNT AVAILABLE 205,069.00
FRAUD AMOUNT AVAILABLE 2,211,823.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,211,823.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.97118500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 291.82
POOL TRADING FACTOR: 47.39658025
................................................................................
Run: 03/31/99 13:04:56 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 56,471,262.85 5.296880 % 1,115,908.43
R 973,833.13 3,338,856.32 0.000000 % 467,970.60
- -------------------------------------------------------------------------------
139,119,013.13 59,810,119.17 1,583,879.03
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 232,568.92 1,348,477.35 0.00 0.00 55,355,354.42
R 115,434.87 583,405.47 0.00 0.00 2,870,885.72
- -------------------------------------------------------------------------------
348,003.79 1,931,882.82 0.00 0.00 58,226,240.14
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 408.781999 8.077795 1.683511 9.761306 0.000000 400.704204
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:04:57 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,184.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 26,198.10
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,388,655.79
(B) TWO MONTHLY PAYMENTS: 4 660,411.21
(C) THREE OR MORE MONTHLY PAYMENTS: 2 246,177.24
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 128,427.03
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 58,226,240.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 712
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 1,459,111.29
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 94.41757290 % 5.58242710 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.06942970 % 4.93057030 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 714,117.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,337,073.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.50126711
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 255.57
POOL TRADING FACTOR: 41.85354599
................................................................................
Run: 03/31/99 13:09:02 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 23,848,000.00 350,160.19 9.500000 % 350,160.19
A-I-2 76110FCV3 25,000,000.00 846,932.33 7.600000 % 846,932.33
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 5,558,000.00 933,424.62 7.800000 % 933,424.62
A-I-7 76110FDA8 16,926,000.00 16,926,000.00 8.000000 % 1,305,031.85
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 3,240,685.38 8.000000 % 750,837.64
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 798,795.49 0.000000 % 19,138.89
A-V-1 0.00 0.00 1.023946 % 0.00
A-V-2 0.00 0.00 0.458600 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,668,363.22 8.000000 % 8,958.77
M-2 76110FDK6 3,958,800.00 3,833,745.85 8.000000 % 0.00
M-3 76110FDL4 2,815,100.00 2,726,174.09 8.000000 % 0.00
B-1 76110FDM2 1,407,600.00 1,363,135.45 8.000000 % 0.00
B-2 76110FDN0 439,800.00 425,907.20 8.000000 % 0.00
B-3 76110FDP5 1,055,748.52 871,878.64 8.000000 % 0.00
- -------------------------------------------------------------------------------
175,944,527.21 85,124,202.46 4,214,484.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 2,728.10 352,888.29 0.00 0.00 0.00
A-I-2 5,278.76 852,211.09 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 5,970.96 939,395.58 0.00 0.00 0.00
A-I-7 111,048.91 1,416,080.76 0.00 0.00 15,620,968.15
A-I-8 45,164.87 45,164.87 0.00 0.00 6,884,000.00
A-I-9 73,671.76 73,671.76 0.00 0.00 11,229,000.00
A-I-10 147,625.64 147,625.64 0.00 0.00 22,501,000.00
A-II-1 21,261.64 772,099.28 0.00 0.00 2,489,847.74
A-II-2 29,687.84 29,687.84 0.00 0.00 4,525,000.00
A-P 0.00 19,138.89 0.00 0.00 779,656.60
A-V-1 50,144.36 50,144.36 0.00 0.00 0.00
A-V-2 9,556.85 9,556.85 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 77,786.55 86,745.32 0.00 0.00 7,659,404.45
M-2 43,793.51 43,793.51 0.00 0.00 3,833,745.85
M-3 0.00 0.00 0.00 0.00 2,726,174.09
B-1 0.00 0.00 0.00 0.00 1,363,135.45
B-2 0.00 0.00 0.00 0.00 425,907.20
B-3 0.00 0.00 0.00 0.00 861,106.14
- -------------------------------------------------------------------------------
623,719.75 4,838,204.04 0.00 0.00 80,898,945.67
===============================================================================
Run: 03/31/99 13:09:02
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 14.683000 14.683000 0.114395 14.797395 0.000000 0.000000
A-I-2 33.877293 33.877293 0.211150 34.088443 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-6 167.942537 167.942537 1.074300 169.016837 0.000000 0.000000
A-I-7 1000.000000 77.102201 6.560848 83.663049 0.000000 922.897799
A-I-8 1000.000000 0.000000 6.560847 6.560847 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.560848 6.560848 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.560848 6.560848 0.000000 1000.000000
A-II-1 290.331964 67.267303 1.904824 69.172127 0.000000 223.064661
A-II-2 1000.000000 0.000000 6.560849 6.560849 0.000000 1000.000000
A-P 722.317463 17.306500 0.000000 17.306500 0.000000 705.010963
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-1 968.411090 1.131372 9.823395 10.954767 0.000000 967.279718
M-2 968.411097 0.000000 11.062319 11.062319 0.000000 968.411097
M-3 968.411101 0.000000 0.000000 0.000000 0.000000 968.411101
B-1 968.411090 0.000000 0.000000 0.000000 0.000000 968.411090
B-2 968.411096 0.000000 0.000000 0.000000 0.000000 968.411096
B-3 825.839320 0.000000 0.000000 0.000000 0.000000 815.635659
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:03 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,175.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,972.63
MASTER SERVICER ADVANCES THIS MONTH 1,608.68
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 3,540,690.30
(B) TWO MONTHLY PAYMENTS: 2 173,276.56
(C) THREE OR MORE MONTHLY PAYMENTS: 4 342,820.06
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 884,321.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 80,898,945.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 926
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 200,276.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,121,638.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.97139290 % 16.71473300 % 3.12592800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.94455460 % 17.57664982 % 3.30775380 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 1,003,426.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,900,000.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10448000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 297.39
POOL TRADING FACTOR: 45.97980224
................................................................................
Run: 03/31/99 13:09:03 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-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 1,999,255.22 5.339380 % 1,043,361.02
A-I-3 76110FDS9 0.00 0.00 3.660620 % 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 1,000,000.00 404,304.61 7.700000 % 210,996.41
A-I-8 76110FDX8 9,539,699.00 6,259,879.54 7.700000 % 3,266,873.73
A-I-9 76110FDY6 22,526,000.00 22,526,000.00 8.000000 % 0.00
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 11,557,690.94 8.000000 % 737,704.44
A-P 76110FED1 601,147.92 395,594.22 0.000000 % 57,466.14
A-V-1 0.00 0.00 0.892413 % 0.00
A-V-2 0.00 0.00 0.509694 % 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 8,852,239.69 8.000000 % 33,920.45
M-2 76110FEH2 5,126,400.00 4,978,838.52 8.000000 % 19,078.16
M-3 76110FEJ8 3,645,500.00 3,540,565.65 8.000000 % 13,566.91
B-1 1,822,700.00 1,770,234.27 8.000000 % 6,783.27
B-2 569,600.00 553,204.31 8.000000 % 2,119.80
B-3 1,366,716.75 1,152,408.40 8.000000 % 4,415.86
- -------------------------------------------------------------------------------
227,839,864.67 114,680,215.37 5,396,286.19
===============================================================================
_______________________________________________________________________________
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 8,786.59 1,052,147.61 0.00 0.00 955,894.20
A-I-3 6,023.99 6,023.99 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 2,562.48 213,558.89 0.00 0.00 193,308.20
A-I-8 39,675.11 3,306,548.84 0.00 0.00 2,993,005.81
A-I-9 148,332.22 148,332.22 0.00 0.00 22,526,000.00
A-I-10 76,714.48 76,714.48 0.00 0.00 11,650,000.00
A-I-11 200,320.28 200,320.28 0.00 0.00 30,421,000.00
A-I-12 56,755.55 56,755.55 0.00 0.00 8,619,000.00
A-II 76,106.63 813,811.07 0.00 0.00 10,819,986.50
A-P 0.00 57,466.14 0.00 0.00 338,128.08
A-V-1 65,071.02 65,071.02 0.00 0.00 0.00
A-V-2 10,947.90 10,947.90 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 58,291.41 92,211.86 0.00 0.00 8,818,319.24
M-2 32,785.33 51,863.49 0.00 0.00 4,959,760.36
M-3 23,314.39 36,881.30 0.00 0.00 3,526,998.74
B-1 11,656.87 18,440.14 0.00 0.00 1,763,451.00
B-2 3,642.82 5,762.62 0.00 0.00 551,084.51
B-3 7,588.53 12,004.39 0.00 0.00 1,112,716.80
- -------------------------------------------------------------------------------
828,575.60 6,224,861.79 0.00 0.00 109,248,653.44
===============================================================================
Run: 03/31/99 13:09:03
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 46.148214 24.083592 0.202818 24.286410 0.000000 22.064622
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-7 404.304610 210.996414 2.562480 213.558894 0.000000 193.308196
A-I-8 656.192563 342.450399 4.158948 346.609347 0.000000 313.742164
A-I-9 1000.000000 0.000000 6.584934 6.584934 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.584934 6.584934 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.584934 6.584934 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.584934 6.584934 0.000000 1000.000000
A-II 574.895093 36.694411 3.785646 40.480057 0.000000 538.200682
A-P 658.064691 95.594016 0.000000 95.594016 0.000000 562.470675
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-1 971.215379 3.721551 6.395389 10.116940 0.000000 967.493828
M-2 971.215379 3.721551 6.395391 10.116942 0.000000 967.493828
M-3 971.215375 3.721550 6.395389 10.116939 0.000000 967.493825
B-1 971.215378 3.721550 6.395386 10.116936 0.000000 967.493828
B-2 971.215432 3.721559 6.395400 10.116959 0.000000 967.493873
B-3 843.194759 3.230999 5.552379 8.783378 0.000000 814.153189
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:04 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,139.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 360.49
SUBSERVICER ADVANCES THIS MONTH 70,003.14
MASTER SERVICER ADVANCES THIS MONTH 3,492.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 6,006,374.43
(B) TWO MONTHLY PAYMENTS: 7 1,062,061.67
(C) THREE OR MORE MONTHLY PAYMENTS: 2 386,950.30
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 921,073.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,248,653.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,205
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 426,273.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,205,589.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.75827100 % 15.14790000 % 3.03090380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.96388700 % 15.84008388 % 3.14685130 %
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 9.11502700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 298.72
POOL TRADING FACTOR: 47.94975348
................................................................................
Run: 03/31/99 13:05:05 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 4,000,000.00 896,896.51 7.400000 % 124,221.50
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 4,312,846.21 7.050000 % 1,051,957.88
A-4 76110FEN9 3,765,148.00 3,765,148.00 7.300000 % 0.00
A-5 76110FEP4 10,500,000.00 1,062,089.11 7.400000 % 507,274.01
A-6 76110FEQ2 2,600,500.00 2,600,500.00 7.400000 % 0.00
A-7 76110FER0 31,579,563.00 9,224,412.15 5.439380 % 990,095.96
A-8 76110FES8 0.00 0.00 3.560620 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 14,918,246.02 7.400000 % 800,646.43
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 79,124.91 0.000000 % 137.51
A-15-1 0.00 0.00 0.986360 % 0.00
A-15-2 0.00 0.00 0.567672 % 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 6,406,310.00 7.750000 % 5,118.01
M-2 76110FFC2 4,440,700.00 4,270,905.41 7.750000 % 3,412.03
M-3 76110FFD0 3,108,500.00 2,989,643.41 7.750000 % 2,388.43
B-1 1,509,500.00 1,451,782.75 7.750000 % 1,159.83
B-2 444,000.00 427,023.23 7.750000 % 341.15
B-3 1,154,562.90 1,010,879.53 7.750000 % 807.58
- -------------------------------------------------------------------------------
177,623,205.60 90,037,765.24 3,487,560.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 5,460.68 129,682.18 0.00 0.00 772,675.01
A-2 0.00 0.00 0.00 0.00 0.00
A-3 25,016.45 1,076,974.33 0.00 0.00 3,260,888.33
A-4 22,614.01 22,614.01 0.00 0.00 3,765,148.00
A-5 6,466.44 513,740.45 0.00 0.00 554,815.10
A-6 15,832.93 15,832.93 0.00 0.00 2,600,500.00
A-7 41,282.01 1,031,377.97 0.00 0.00 8,234,316.19
A-8 27,023.21 27,023.21 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 90,828.50 891,474.93 0.00 0.00 14,117,599.59
A-11 89,109.95 89,109.95 0.00 0.00 13,975,000.00
A-12 12,752.77 12,752.77 0.00 0.00 2,000,000.00
A-13 131,652.91 131,652.91 0.00 0.00 20,646,958.00
A-14 0.00 137.51 0.00 0.00 78,987.40
A-15-1 58,477.01 58,477.01 0.00 0.00 0.00
A-15-2 8,397.98 8,397.98 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 40,849.09 45,967.10 0.00 0.00 6,401,191.99
M-2 27,232.93 30,644.96 0.00 0.00 4,267,493.38
M-3 19,063.11 21,451.54 0.00 0.00 2,987,254.98
B-1 9,257.13 10,416.96 0.00 0.00 1,450,622.92
B-2 2,722.87 3,064.02 0.00 0.00 426,682.08
B-3 6,445.76 7,253.34 0.00 0.00 1,010,071.95
- -------------------------------------------------------------------------------
640,485.74 4,128,046.06 0.00 0.00 86,550,204.92
===============================================================================
Run: 03/31/99 13:05:05
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-1 224.224128 31.055374 1.365170 32.420544 0.000000 193.168753
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 328.517561 80.129599 1.905550 82.035149 0.000000 248.387962
A-4 1000.000000 0.000000 6.006141 6.006141 0.000000 1000.000000
A-5 101.151344 48.311811 0.615851 48.927662 0.000000 52.839533
A-6 1000.000000 0.000000 6.088418 6.088418 0.000000 1000.000000
A-7 292.100690 31.352428 1.307238 32.659666 0.000000 260.748263
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-10 711.961730 38.210230 4.334720 42.544950 0.000000 673.751499
A-11 1000.000000 0.000000 6.376383 6.376383 0.000000 1000.000000
A-12 1000.000000 0.000000 6.376385 6.376385 0.000000 1000.000000
A-13 1000.000000 0.000000 6.376383 6.376383 0.000000 1000.000000
A-14 683.143665 1.187225 0.000000 1.187225 0.000000 681.956439
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-1 961.763999 0.768355 6.132576 6.900931 0.000000 960.995645
M-2 961.764003 0.768354 6.132576 6.900930 0.000000 960.995649
M-3 961.764005 0.768355 6.132575 6.900930 0.000000 960.995651
B-1 961.763995 0.768354 6.132580 6.900934 0.000000 960.995641
B-2 961.764032 0.768356 6.132590 6.900946 0.000000 960.995676
B-3 875.551717 0.699451 5.582857 6.282308 0.000000 874.852249
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:05 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,202.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 45,769.17
MASTER SERVICER ADVANCES THIS MONTH 2,237.50
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,458,097.75
(B) TWO MONTHLY PAYMENTS: 6 529,063.26
(C) THREE OR MORE MONTHLY PAYMENTS: 4 254,997.84
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 456,523.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 86,550,204.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 941
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 279,118.05
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,415,576.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.59538180 % 15.19238000 % 3.21223790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.86841170 % 15.77805664 % 3.33911910 %
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 8.97994816
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.68
POOL TRADING FACTOR: 48.72685673
................................................................................
Run: 03/31/99 13:05:14 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 4,650,854.08 6.750000 % 2,474,956.01
A-5 76110FFJ7 10,253,000.00 4,078,729.89 6.750000 % 582,342.61
A-6 76110FFK4 31,511,646.00 13,151,343.17 11.000000 % 655,135.40
A-7 76110FFL2 17,652,000.00 17,652,000.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 5,655,589.00 6.750000 % 0.00
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 212,947.62 139,716.06 0.000000 % 176.09
A-13-1 0.00 0.00 1.018369 % 0.00
A-13-2 0.00 0.00 0.658444 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,201,665.07 7.500000 % 7,049.78
M-2 76110FFW8 6,251,000.00 6,134,116.29 7.500000 % 4,699.60
M-3 76110FFW8 4,375,700.00 4,293,881.39 7.500000 % 3,289.72
B-1 1,624,900.00 1,594,516.96 7.500000 % 1,221.63
B-2 624,800.00 613,117.24 7.500000 % 469.73
B-3 1,500,282.64 1,398,488.28 7.500000 % 1,071.43
- -------------------------------------------------------------------------------
250,038,730.26 145,405,782.43 3,730,412.00
===============================================================================
_______________________________________________________________________________
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 26,144.84 2,501,100.85 0.00 0.00 2,175,898.07
A-5 22,928.64 605,271.25 0.00 0.00 3,496,387.28
A-6 120,479.26 775,614.66 0.00 0.00 12,496,207.77
A-7 99,230.96 99,230.96 0.00 0.00 17,652,000.00
A-8 31,792.97 31,792.97 0.00 0.00 5,655,589.00
A-9 107,191.02 107,191.02 0.00 0.00 19,068,000.00
A-10 57,720.38 57,720.38 0.00 0.00 10,267,765.00
A-11 296,728.47 296,728.47 0.00 0.00 47,506,000.00
A-12 0.00 176.09 0.00 0.00 139,539.97
A-13-1 97,511.72 97,511.72 0.00 0.00 0.00
A-13-2 16,687.28 16,687.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 57,474.76 64,524.54 0.00 0.00 9,194,615.29
M-2 38,314.47 43,014.07 0.00 0.00 6,129,416.69
M-3 26,820.13 30,109.85 0.00 0.00 4,290,591.67
B-1 9,959.55 11,181.18 0.00 0.00 1,593,295.33
B-2 3,829.60 4,299.33 0.00 0.00 612,647.51
B-3 8,735.13 9,806.56 0.00 0.00 1,397,416.85
- -------------------------------------------------------------------------------
1,021,549.18 4,751,961.18 0.00 0.00 141,675,370.43
===============================================================================
Run: 03/31/99 13:05:14
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-4 291.809140 155.286486 1.640409 156.926895 0.000000 136.522655
A-5 397.808436 56.797290 2.236286 59.033576 0.000000 341.011146
A-6 417.348658 20.790263 3.823325 24.613588 0.000000 396.558395
A-7 1000.000000 0.000000 5.621514 5.621514 0.000000 1000.000000
A-8 1000.000000 0.000000 5.621514 5.621514 0.000000 1000.000000
A-9 1000.000000 0.000000 5.621514 5.621514 0.000000 1000.000000
A-10 1000.000000 0.000000 5.621514 5.621514 0.000000 1000.000000
A-11 1000.000000 0.000000 6.246126 6.246126 0.000000 1000.000000
A-12 656.105290 0.826917 0.000000 0.826917 0.000000 655.278373
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-1 981.301596 0.751816 6.129333 6.881149 0.000000 980.549780
M-2 981.301598 0.751816 6.129335 6.881151 0.000000 980.549782
M-3 981.301595 0.751816 6.129335 6.881151 0.000000 980.549780
B-1 981.301594 0.751819 6.129331 6.881150 0.000000 980.549775
B-2 981.301601 0.751809 6.129321 6.881130 0.000000 980.549792
B-3 932.149878 0.714159 5.822323 6.536482 0.000000 931.435726
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS1 (POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4237
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 30,079.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,087.10
MASTER SERVICER ADVANCES THIS MONTH 2,991.68
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 3,476,005.43
(B) TWO MONTHLY PAYMENTS: 7 579,346.60
(C) THREE OR MORE MONTHLY PAYMENTS: 4 687,934.77
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 766,832.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 141,675,370.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,458
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 379,418.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,618,964.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.00467100 % 13.51290300 % 2.48242590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.59568510 % 13.84476609 % 2.54589930 %
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 8.76730499
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.03
POOL TRADING FACTOR: 56.66137013
................................................................................
Run: 03/31/99 13:05:19 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 11,012,307.55 9.000000 % 1,110,730.68
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 17,067,890.24 7.250000 % 2,394,987.82
A-5 76110FGC1 10,000,000.00 3,091,450.44 7.250000 % 381,839.06
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 130,561.76 111,050.25 0.000000 % 4,124.07
A-10-1 0.00 0.00 0.793518 % 0.00
A-10-2 0.00 0.00 0.458530 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,822,379.68 7.750000 % 3,688.11
M-2 76110FGL1 4,109,600.00 4,018,584.54 7.750000 % 3,073.37
M-3 76110FGM9 2,630,200.00 2,571,948.87 7.750000 % 1,967.00
B-1 1,068,500.00 1,044,835.88 7.750000 % 799.08
B-2 410,900.00 401,799.80 7.750000 % 307.29
B-3 821,738.81 797,872.58 7.750000 % 610.21
- -------------------------------------------------------------------------------
164,383,983.57 93,712,332.83 3,902,126.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 81,505.87 1,192,236.55 0.00 0.00 9,901,576.87
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-4 101,762.06 2,496,749.88 0.00 0.00 14,672,902.42
A-5 18,431.82 400,270.88 0.00 0.00 2,709,611.38
A-6 43,949.89 43,949.89 0.00 0.00 7,371,430.00
A-7 66,288.13 66,288.13 0.00 0.00 10,400,783.00
A-8 197,574.75 197,574.75 0.00 0.00 31,000,000.00
A-9 0.00 4,124.07 0.00 0.00 106,926.18
A-10-1 47,719.95 47,719.95 0.00 0.00 0.00
A-10-2 7,762.51 7,762.51 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,734.86 34,422.97 0.00 0.00 4,818,691.57
M-2 25,611.96 28,685.33 0.00 0.00 4,015,511.17
M-3 16,392.00 18,359.00 0.00 0.00 2,569,981.87
B-1 6,659.14 7,458.22 0.00 0.00 1,044,036.80
B-2 2,560.83 2,868.12 0.00 0.00 401,492.51
B-3 5,085.15 5,695.36 0.00 0.00 797,262.37
- -------------------------------------------------------------------------------
652,038.92 4,554,165.61 0.00 0.00 89,810,206.14
===============================================================================
Run: 03/31/99 13:05:19
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-1 353.995942 35.704974 2.620046 38.325020 0.000000 318.290968
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-4 937.796167 131.592737 5.591322 137.184059 0.000000 806.203430
A-5 309.145044 38.183906 1.843182 40.027088 0.000000 270.961138
A-6 1000.000000 0.000000 5.962193 5.962193 0.000000 1000.000000
A-7 1000.000000 0.000000 6.373379 6.373379 0.000000 1000.000000
A-8 1000.000000 0.000000 6.373379 6.373379 0.000000 1000.000000
A-9 850.557238 31.587120 0.000000 31.587120 0.000000 818.970118
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-1 977.852965 0.747853 6.232229 6.980082 0.000000 977.105112
M-2 977.852964 0.747851 6.232227 6.980078 0.000000 977.105112
M-3 977.852966 0.747852 6.232226 6.980078 0.000000 977.105114
B-1 977.852953 0.747852 6.232232 6.980084 0.000000 977.105101
B-2 977.853006 0.747846 6.232246 6.980092 0.000000 977.105159
B-3 970.956428 0.742572 6.188280 6.930852 0.000000 970.213844
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:20 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,022.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 35,124.28
MASTER SERVICER ADVANCES THIS MONTH 954.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,264,980.62
(B) TWO MONTHLY PAYMENTS: 4 353,324.90
(C) THREE OR MORE MONTHLY PAYMENTS: 3 156,546.26
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 639,711.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,810,206.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 983
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 116,870.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,830,444.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.40893780 % 12.19311600 % 2.39794610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.78653590 % 12.69809424 % 2.50023370 %
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 8.79581508
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.28
POOL TRADING FACTOR: 54.63440184
................................................................................
Run: 03/31/99 13:05:22 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 4,569,913.39 7.500000 % 3,362,613.87
A-3 76110FGU1 16,821,000.00 16,821,000.00 7.500000 % 0.00
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 3,055,844.77 9.500000 % 480,373.41
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 88,953.93 0.000000 % 873.07
A-10-1 0.00 0.00 0.805275 % 0.00
A-10-2 0.00 0.00 0.475541 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,252,392.08 7.750000 % 3,766.23
M-2 76110FHE6 4,112,900.00 4,040,354.51 7.750000 % 2,897.14
M-3 76110FHF3 2,632,200.00 2,585,771.84 7.750000 % 1,854.13
B-1 1,069,400.00 1,050,537.36 7.750000 % 753.29
B-2 411,200.00 403,947.05 7.750000 % 289.65
B-3 823,585.68 575,032.50 7.750000 % 412.32
- -------------------------------------------------------------------------------
164,514,437.18 97,571,747.43 3,853,833.11
===============================================================================
_______________________________________________________________________________
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 28,289.63 3,390,903.50 0.00 0.00 1,207,299.52
A-3 104,128.87 104,128.87 0.00 0.00 16,821,000.00
A-4 150,259.80 150,259.80 0.00 0.00 23,490,000.00
A-5 45,660.04 45,660.04 0.00 0.00 7,138,000.00
A-6 6,396.75 6,396.75 0.00 0.00 1,000,000.00
A-7 23,961.44 504,334.85 0.00 0.00 2,575,471.36
A-8 175,910.79 175,910.79 0.00 0.00 27,500,000.00
A-9 0.00 873.07 0.00 0.00 88,080.86
A-10-1 48,739.65 48,739.65 0.00 0.00 0.00
A-10-2 9,515.11 9,515.11 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,598.27 37,364.50 0.00 0.00 5,248,625.85
M-2 25,845.17 28,742.31 0.00 0.00 4,037,457.37
M-3 16,540.56 18,394.69 0.00 0.00 2,583,917.71
B-1 6,720.03 7,473.32 0.00 0.00 1,049,784.07
B-2 2,583.95 2,873.60 0.00 0.00 403,657.40
B-3 3,678.34 4,090.66 0.00 0.00 574,620.18
- -------------------------------------------------------------------------------
681,828.40 4,535,661.51 0.00 0.00 93,717,914.32
===============================================================================
Run: 03/31/99 13:05:22
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-2 171.936995 126.513935 1.064360 127.578295 0.000000 45.423060
A-3 1000.000000 0.000000 6.190409 6.190409 0.000000 1000.000000
A-4 1000.000000 0.000000 6.396756 6.396756 0.000000 1000.000000
A-5 1000.000000 0.000000 6.396755 6.396755 0.000000 1000.000000
A-6 1000.000000 0.000000 6.396750 6.396750 0.000000 1000.000000
A-7 198.767059 31.245831 1.558569 32.804400 0.000000 167.521228
A-8 1000.000000 0.000000 6.396756 6.396756 0.000000 1000.000000
A-9 828.623075 8.132816 0.000000 8.132816 0.000000 820.490259
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-1 982.361472 0.704403 6.283927 6.988330 0.000000 981.657069
M-2 982.361475 0.704403 6.283929 6.988332 0.000000 981.657072
M-3 982.361462 0.704403 6.283930 6.988333 0.000000 981.657059
B-1 982.361474 0.704404 6.283926 6.988330 0.000000 981.657069
B-2 982.361503 0.704402 6.283925 6.988327 0.000000 981.657101
B-3 698.206045 0.500640 4.466251 4.966891 0.000000 697.705404
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:23 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS3 (POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4244
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,795.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 30,877.84
MASTER SERVICER ADVANCES THIS MONTH 1,328.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 2,546,210.18
(B) TWO MONTHLY PAYMENTS: 5 301,210.93
(C) THREE OR MORE MONTHLY PAYMENTS: 2 239,266.27
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 862,532.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 93,717,914.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 950
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 159,554.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,783,855.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.73283050 % 12.18524600 % 2.08192320 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.15637370 % 12.66566912 % 2.16604210 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,785,164.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,623,566.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79962977
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.71
POOL TRADING FACTOR: 56.96637689
................................................................................
Run: 03/31/99 13:05:27 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 6,642,235.33 7.250000 % 3,727,150.30
A-3 76110FHM8 22,398,546.00 22,398,546.00 7.250000 % 0.00
A-4 76110FHN6 24,498,244.00 8,417,406.28 10.000000 % 828,255.62
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 155,284.33 123,663.08 0.000000 % 127.61
A-9-1 0.00 0.00 0.804957 % 0.00
A-9-2 0.00 0.00 0.520578 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,076,790.26 7.750000 % 8,028.21
M-2 76110FHW6 4,975,300.00 4,899,278.45 7.750000 % 5,557.95
M-3 76110FHX4 3,316,900.00 3,266,218.47 7.750000 % 3,705.34
B-1 1,216,200.00 1,197,616.73 7.750000 % 1,358.63
B-2 552,900.00 544,451.81 7.750000 % 617.65
B-3 995,114.30 952,598.99 7.750000 % 1,080.67
- -------------------------------------------------------------------------------
221,126,398.63 132,344,005.40 4,575,881.98
===============================================================================
_______________________________________________________________________________
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 39,922.43 3,767,072.73 0.00 0.00 2,915,085.03
A-3 134,624.01 134,624.01 0.00 0.00 22,398,546.00
A-4 69,781.93 898,037.55 0.00 0.00 7,589,150.66
A-5 109,897.51 109,897.51 0.00 0.00 17,675,100.00
A-6 45,938.68 45,938.68 0.00 0.00 7,150,100.00
A-7 334,094.80 334,094.80 0.00 0.00 52,000,000.00
A-8 0.00 127.61 0.00 0.00 123,535.47
A-9-1 69,752.40 69,752.40 0.00 0.00 0.00
A-9-2 12,005.64 12,005.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,467.67 53,495.88 0.00 0.00 7,068,762.05
M-2 31,477.37 37,035.32 0.00 0.00 4,893,720.50
M-3 20,985.13 24,690.47 0.00 0.00 3,262,513.13
B-1 7,694.57 9,053.20 0.00 0.00 1,196,258.10
B-2 3,498.05 4,115.70 0.00 0.00 543,834.16
B-3 6,120.35 7,201.02 0.00 0.00 949,260.99
- -------------------------------------------------------------------------------
931,260.54 5,507,142.52 0.00 0.00 127,765,866.09
===============================================================================
Run: 03/31/99 13:05:27
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-2 185.666955 104.183097 1.115931 105.299028 0.000000 81.483858
A-3 1000.000000 0.000000 6.010391 6.010391 0.000000 1000.000000
A-4 343.592230 33.808775 2.848446 36.657221 0.000000 309.783455
A-5 1000.000000 0.000000 6.217646 6.217646 0.000000 1000.000000
A-6 1000.000000 0.000000 6.424900 6.424900 0.000000 1000.000000
A-7 1000.000000 0.000000 6.424900 6.424900 0.000000 1000.000000
A-8 796.365480 0.821783 0.000000 0.821783 0.000000 795.543697
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-1 984.720210 1.117108 6.326729 7.443837 0.000000 983.603102
M-2 984.720208 1.117109 6.326728 7.443837 0.000000 983.603099
M-3 984.720212 1.117109 6.326730 7.443839 0.000000 983.603102
B-1 984.720219 1.117111 6.326731 7.443842 0.000000 983.603108
B-2 984.720221 1.117110 6.326732 7.443842 0.000000 983.603111
B-3 957.275953 1.085976 6.150399 7.236375 0.000000 953.921567
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:28 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,041.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,532.93
MASTER SERVICER ADVANCES THIS MONTH 1,518.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,423,074.29
(B) TWO MONTHLY PAYMENTS: 7 642,353.20
(C) THREE OR MORE MONTHLY PAYMENTS: 1 158,124.44
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 837,961.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,765,866.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,308
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 201,614.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,411,395.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.43404310 % 11.52794400 % 2.03801280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.96519760 % 11.91632487 % 2.10694460 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 1,743,213.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,497,768.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81755238
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.59
POOL TRADING FACTOR: 57.77956268
................................................................................
Run: 03/31/99 13:05:29 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 9,768,187.39 10.000000 % 1,083,232.12
A-4 76110FJC8 24,000,000.00 14,263,408.84 7.250000 % 2,888,619.00
A-5 76110FJD6 11,785,091.00 11,785,091.00 7.250000 % 0.00
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 340,158.57 243,526.91 0.000000 % 6,604.14
A-11-1 0.00 0.00 0.704160 % 0.00
A-11-2 0.00 0.00 0.339098 % 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 6,622,491.58 8.000000 % 7,721.22
M-2 76110FJP9 4,330,000.00 4,260,830.40 8.000000 % 4,967.74
M-3 76110FJQ7 2,886,000.00 2,839,897.59 8.000000 % 3,311.06
B-1 1,058,000.00 1,041,098.96 8.000000 % 1,213.83
B-2 481,000.00 473,316.26 8.000000 % 551.84
B-3 866,066.26 833,589.57 8.000000 % 971.89
- -------------------------------------------------------------------------------
192,360,424.83 117,958,438.50 3,997,192.84
===============================================================================
_______________________________________________________________________________
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 80,951.31 1,164,183.43 0.00 0.00 8,684,955.27
A-4 85,698.11 2,974,317.11 0.00 0.00 11,374,789.84
A-5 70,807.76 70,807.76 0.00 0.00 11,785,091.00
A-6 120,284.31 120,284.31 0.00 0.00 18,143,000.00
A-7 31,604.22 31,604.22 0.00 0.00 4,767,000.00
A-8 26,674.76 26,674.76 0.00 0.00 0.00
A-9 257,856.01 257,856.01 0.00 0.00 42,917,000.00
A-10 0.00 6,604.14 0.00 0.00 236,922.77
A-11-1 52,980.24 52,980.24 0.00 0.00 0.00
A-11-2 7,635.13 7,635.13 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 43,905.74 51,626.96 0.00 0.00 6,614,770.36
M-2 28,248.42 33,216.16 0.00 0.00 4,255,862.66
M-3 18,827.93 22,138.99 0.00 0.00 2,836,586.53
B-1 6,902.27 8,116.10 0.00 0.00 1,039,885.13
B-2 3,137.99 3,689.83 0.00 0.00 472,764.42
B-3 5,526.52 6,498.41 0.00 0.00 804,638.04
- -------------------------------------------------------------------------------
841,040.72 4,838,233.56 0.00 0.00 113,933,266.02
===============================================================================
Run: 03/31/99 13:05:29
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-3 326.074609 36.159676 2.702258 38.861934 0.000000 289.914933
A-4 594.308702 120.359125 3.570755 123.929880 0.000000 473.949577
A-5 1000.000000 0.000000 6.008249 6.008249 0.000000 1000.000000
A-6 1000.000000 0.000000 6.629792 6.629792 0.000000 1000.000000
A-7 1000.000000 0.000000 6.629792 6.629792 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.008249 6.008249 0.000000 1000.000000
A-10 715.921724 19.414886 0.000000 19.414886 0.000000 696.506838
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-1 984.025495 1.147284 6.523884 7.671168 0.000000 982.878211
M-2 984.025497 1.147284 6.523885 7.671169 0.000000 982.878213
M-3 984.025499 1.147283 6.523884 7.671167 0.000000 982.878216
B-1 984.025482 1.147287 6.523885 7.671172 0.000000 982.878195
B-2 984.025489 1.147277 6.523888 7.671165 0.000000 982.878212
B-3 962.500918 1.122189 6.381175 7.503364 0.000000 929.072148
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:29 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 24,006.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 50,688.72
MASTER SERVICER ADVANCES THIS MONTH 2,147.99
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 4,416,908.62
(B) TWO MONTHLY PAYMENTS: 5 535,696.86
(C) THREE OR MORE MONTHLY PAYMENTS: 4 318,034.52
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,099,757.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 113,933,266.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,162
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 278,677.68
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,823,605.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 54,997.35
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.34733340 % 11.65801300 % 1.99465370 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.90587290 % 12.03091953 % 2.03813730 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 1,490,509.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,490,509.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.93358234
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.32
POOL TRADING FACTOR: 59.22905718
................................................................................
Run: 03/31/99 13:05:30 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 10,139,944.88 7.500000 % 2,939,251.15
A-2 76110FJS3 15,683,000.00 15,683,000.00 7.500000 % 0.00
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 19,924,363.95 7.500000 % 72,005.25
A-6 76110FJW4 164,986.80 100,574.19 0.000000 % 7,220.53
A-7-1 0.00 0.00 0.854666 % 0.00
A-7-2 0.00 0.00 0.322562 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,485,651.65 7.500000 % 8,982.97
M-2 76110FKA0 1,061,700.00 994,204.48 7.500000 % 3,592.99
M-3 76110FKB8 690,100.00 646,228.22 7.500000 % 2,335.42
B-1 371,600.00 347,976.24 7.500000 % 1,257.56
B-2 159,300.00 149,172.80 7.500000 % 539.10
B-3 372,446.48 348,768.93 7.500000 % 1,260.43
- -------------------------------------------------------------------------------
106,172,633.28 71,611,885.34 3,036,445.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 62,858.72 3,002,109.87 0.00 0.00 7,200,693.73
A-2 97,220.76 97,220.76 0.00 0.00 15,683,000.00
A-3 116,208.66 116,208.66 0.00 0.00 18,746,000.00
A-4 12,683.39 12,683.39 0.00 0.00 2,046,000.00
A-5 123,513.47 195,518.72 0.00 0.00 19,852,358.70
A-6 0.00 7,220.53 0.00 0.00 93,353.66
A-7-1 41,125.93 41,125.93 0.00 0.00 0.00
A-7-2 3,571.23 3,571.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,408.84 24,391.81 0.00 0.00 2,476,668.68
M-2 6,163.19 9,756.18 0.00 0.00 990,611.49
M-3 4,006.05 6,341.47 0.00 0.00 643,892.80
B-1 2,157.14 3,414.70 0.00 0.00 346,718.68
B-2 924.74 1,463.84 0.00 0.00 148,633.70
B-3 2,162.06 3,422.49 0.00 0.00 347,508.50
- -------------------------------------------------------------------------------
488,004.18 3,524,449.58 0.00 0.00 68,575,439.94
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 236.109181 68.440627 1.463669 69.904296 0.000000 167.668554
A-2 1000.000000 0.000000 6.199118 6.199118 0.000000 1000.000000
A-3 1000.000000 0.000000 6.199118 6.199118 0.000000 1000.000000
A-4 1000.000000 0.000000 6.199115 6.199115 0.000000 1000.000000
A-5 936.427314 3.384182 5.805023 9.189205 0.000000 933.043131
A-6 609.589313 43.764289 0.000000 43.764289 0.000000 565.825024
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-1 936.426933 3.384181 5.805018 9.189199 0.000000 933.042752
M-2 936.426938 3.384186 5.805020 9.189206 0.000000 933.042752
M-3 936.426924 3.384176 5.805028 9.189204 0.000000 933.042747
B-1 936.426911 3.384177 5.805005 9.189182 0.000000 933.042734
B-2 936.426868 3.384181 5.805022 9.189203 0.000000 933.042687
B-3 936.426973 3.384191 5.805022 9.189213 0.000000 933.042782
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:31 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,579.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 19,538.16
MASTER SERVICER ADVANCES THIS MONTH 1,179.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,376,645.75
(B) TWO MONTHLY PAYMENTS: 3 226,358.20
(C) THREE OR MORE MONTHLY PAYMENTS: 3 217,830.70
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 65,978.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 68,575,439.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 998
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 118,561.61
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,777,629.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.04725050 % 5.76983500 % 1.18291490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.76594200 % 5.99510987 % 1.23077570 %
BANKRUPTCY AMOUNT AVAILABLE 154,147.00
FRAUD AMOUNT AVAILABLE 8,574,020.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,813,254.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.58646447
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 150.91
POOL TRADING FACTOR: 64.58862121
................................................................................
Run: 03/31/99 13:09:13 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 9,186,770.45 8.035020 % 1,025,709.88
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 9,186,770.45 1,025,709.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 56,667.91 1,082,377.79 0.00 0.00 8,161,060.57
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
56,667.91 1,082,377.79 0.00 0.00 8,161,060.57
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 368.438541 41.136442 2.272686 43.409128 0.000000 327.302099
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QPCR1 (POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3328
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,638.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 369.71
SUBSERVICER ADVANCES THIS MONTH 2,856.60
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 386,241.43
(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 8,161,060.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 51
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 1,019,700.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000020 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000020 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.45685600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.17
POOL TRADING FACTOR: 32.73020984
................................................................................
Run: 03/31/99 13:09:14 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 8,514,031.85 8.016074 % 462,252.22
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 8,514,031.85 462,252.22
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 54,732.59 516,984.81 0.00 0.00 8,051,779.63
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
54,732.59 516,984.81 0.00 0.00 8,051,779.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 276.442478 15.008888 1.777115 16.786003 0.000000 261.433591
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:14 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,495.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 358.17
SUBSERVICER ADVANCES THIS MONTH 10,314.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 619,413.71
(B) TWO MONTHLY PAYMENTS: 1 738,162.17
(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 8,051,779.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 53
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 456,018.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000020 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000040 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.8546 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.44361500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.77
POOL TRADING FACTOR: 26.14335896
................................................................................
Run: 03/31/99 13:05:39 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 32,908,397.84 7.500000 % 1,944,303.34
A-2 76110FKD4 20,984,000.00 6,052,397.84 7.500000 % 1,944,303.34
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 12,708,685.06 9.500000 % 555,515.24
A-8 76110FKP7 156,262.27 106,686.61 0.000000 % 35,340.50
A-9-1 0.00 0.00 0.842245 % 0.00
A-9-2 0.00 0.00 0.527738 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,597,388.40 7.750000 % 4,597.47
M-2 76110FKM4 3,827,000.00 3,770,076.95 7.750000 % 2,627.22
M-3 76110FKN2 2,870,200.00 2,827,508.47 7.750000 % 1,970.38
B-1 1,052,400.00 1,036,746.56 7.750000 % 722.47
B-2 478,400.00 471,284.23 7.750000 % 328.42
B-3 861,188.35 848,378.94 7.750000 % 591.21
- -------------------------------------------------------------------------------
191,342,550.62 117,327,550.90 4,490,299.59
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 203,838.69 2,148,142.03 0.00 0.00 30,964,094.50
A-2 37,489.30 1,981,792.64 0.00 0.00 4,108,094.50
A-3 68,135.36 68,135.36 0.00 0.00 11,000,000.00
A-4 24,776.49 24,776.49 0.00 0.00 4,000,000.00
A-5 112,010.40 112,010.40 0.00 0.00 17,500,000.00
A-6 104,783.93 104,783.93 0.00 0.00 17,500,000.00
A-7 99,710.94 655,226.18 0.00 0.00 12,153,169.82
A-8 0.00 35,340.50 0.00 0.00 71,346.11
A-9-1 64,521.60 64,521.60 0.00 0.00 0.00
A-9-2 10,708.97 10,708.97 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 42,227.20 46,824.67 0.00 0.00 6,592,790.93
M-2 24,130.73 26,757.95 0.00 0.00 3,767,449.73
M-3 18,097.73 20,068.11 0.00 0.00 2,825,538.09
B-1 6,635.79 7,358.26 0.00 0.00 1,036,024.09
B-2 3,016.50 3,344.92 0.00 0.00 470,955.81
B-3 5,430.13 6,021.34 0.00 0.00 847,787.73
- -------------------------------------------------------------------------------
825,513.76 5,315,813.35 0.00 0.00 112,837,251.31
===============================================================================
Run: 03/31/99 13:05:39
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-1 398.933191 23.569884 2.471042 26.040926 0.000000 375.363306
A-2 288.429177 92.656469 1.786566 94.443035 0.000000 195.772708
A-3 1000.000000 0.000000 6.194124 6.194124 0.000000 1000.000000
A-4 1000.000000 0.000000 6.194123 6.194123 0.000000 1000.000000
A-5 1000.000000 0.000000 6.400594 6.400594 0.000000 1000.000000
A-6 1000.000000 0.000000 5.987653 5.987653 0.000000 1000.000000
A-7 579.643560 25.337069 4.547819 29.884888 0.000000 554.306491
A-8 682.740690 226.161440 0.000000 226.161440 0.000000 456.579250
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-1 985.125937 0.686497 6.305390 6.991887 0.000000 984.439440
M-2 985.125934 0.686496 6.305391 6.991887 0.000000 984.439438
M-3 985.125939 0.686496 6.305390 6.991886 0.000000 984.439443
B-1 985.125960 0.686498 6.305388 6.991886 0.000000 984.439462
B-2 985.125899 0.686497 6.305393 6.991890 0.000000 984.439402
B-3 985.125890 0.686493 6.305392 6.991885 0.000000 984.439385
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:40 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,718.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,623.04
MASTER SERVICER ADVANCES THIS MONTH 6,590.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,076,647.54
(B) TWO MONTHLY PAYMENTS: 4 380,242.52
(C) THREE OR MORE MONTHLY PAYMENTS: 3 438,492.13
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,131,775.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 112,837,251.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,147
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 832,968.60
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,408,553.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.73326320 % 11.25650600 % 2.01023060 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.21875440 % 11.68566107 % 2.08819110 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 5,740,277.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,913,425.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.85284770
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.82
POOL TRADING FACTOR: 58.97133228
................................................................................
Run: 03/31/99 13:05:41 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 6,027,433.78 10.000000 % 858,133.83
A-4 76110FKX0 19,700,543.00 2,483,960.13 7.000000 % 2,483,960.13
A-5 76110FKY8 21,419,142.00 21,419,142.00 7.150000 % 2,581,013.47
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 12,633,378.49 7.500000 % 1,281,742.74
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 10,352.67 0.000000 % 10.40
A-12-1 0.00 0.00 0.953703 % 0.00
A-12-2 0.00 0.00 0.659758 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,525,814.15 7.500000 % 5,253.89
M-2 76110FLJ0 4,361,000.00 4,300,887.87 7.500000 % 3,002.52
M-3 76110FLK7 3,270,500.00 3,225,419.36 7.500000 % 2,251.71
B-1 1,199,000.00 1,182,472.95 7.500000 % 825.50
B-2 545,000.00 537,487.74 7.500000 % 375.23
B-3 981,461.72 829,320.33 7.500000 % 578.98
- -------------------------------------------------------------------------------
218,029,470.88 142,502,298.47 7,217,148.40
===============================================================================
_______________________________________________________________________________
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 49,628.72 907,762.55 0.00 0.00 5,169,299.95
A-4 14,316.71 2,498,276.84 0.00 0.00 0.00
A-5 126,098.16 2,707,111.63 0.00 0.00 18,838,128.53
A-6 37,747.12 37,747.12 0.00 0.00 6,323,320.00
A-7 98,474.86 98,474.86 0.00 0.00 16,496,308.00
A-8 78,015.60 1,359,758.34 0.00 0.00 11,351,635.75
A-9 30,362.16 30,362.16 0.00 0.00 5,000,001.00
A-10 336,600.05 336,600.05 0.00 0.00 54,507,000.00
A-11 0.00 10.40 0.00 0.00 10,342.27
A-12-1 85,119.82 85,119.82 0.00 0.00 0.00
A-12-2 18,527.14 18,527.14 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,474.57 51,728.46 0.00 0.00 7,520,560.26
M-2 26,559.51 29,562.03 0.00 0.00 4,297,885.35
M-3 19,918.11 22,169.82 0.00 0.00 3,223,167.65
B-1 7,302.19 8,127.69 0.00 0.00 1,181,647.45
B-2 3,319.18 3,694.41 0.00 0.00 537,112.51
B-3 5,121.35 5,700.33 0.00 0.00 828,741.35
- -------------------------------------------------------------------------------
983,585.25 8,200,733.65 0.00 0.00 135,285,150.07
===============================================================================
Run: 03/31/99 13:05:41
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-3 369.311078 52.579313 3.040836 55.620149 0.000000 316.731765
A-4 126.085871 126.085871 0.726717 126.812588 0.000000 0.000000
A-5 1000.000000 120.500320 5.887171 126.387491 0.000000 879.499680
A-6 1000.000000 0.000000 5.969510 5.969510 0.000000 1000.000000
A-7 1000.000000 0.000000 5.969509 5.969509 0.000000 1000.000000
A-8 485.935880 49.301522 3.000827 52.302349 0.000000 436.634358
A-9 1000.000000 0.000000 6.072431 6.072431 0.000000 1000.000000
A-10 1000.000000 0.000000 6.175355 6.175355 0.000000 1000.000000
A-11 392.010575 0.393803 0.000000 0.393803 0.000000 391.616772
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-1 986.215981 0.688493 6.090233 6.778726 0.000000 985.527488
M-2 986.215976 0.688493 6.090234 6.778727 0.000000 985.527482
M-3 986.215979 0.688491 6.090234 6.778725 0.000000 985.527488
B-1 986.215972 0.688490 6.090234 6.778724 0.000000 985.527481
B-2 986.216037 0.688495 6.090239 6.778734 0.000000 985.527541
B-3 844.984897 0.589896 5.218084 5.807980 0.000000 844.394984
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:42 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,865.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 48,800.45
MASTER SERVICER ADVANCES THIS MONTH 1,141.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 5,772,955.24
(B) TWO MONTHLY PAYMENTS: 4 284,330.63
(C) THREE OR MORE MONTHLY PAYMENTS: 1 106,931.21
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 122,698.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 135,285,150.08
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,331
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 135,637.78
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,117,663.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.64744050 % 10.56348900 % 1.78907030 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.99749430 % 11.11845110 % 1.88320450 %
BANKRUPTCY AMOUNT AVAILABLE 220,247.00
FRAUD AMOUNT AVAILABLE 1,750,557.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,750,557.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.71841982
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.62
POOL TRADING FACTOR: 62.04902004
................................................................................
Run: 03/31/99 13:05:49 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 1,576,008.38 6.750000 % 1,576,008.38
A-3 76110FLN1 22,971,538.00 10,318,085.28 10.000000 % 854,425.96
A-4 76110FLP6 38,010,000.00 38,010,000.00 6.750000 % 3,123,334.49
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 1.045622 % 0.00
A-9-2 0.00 0.00 0.764246 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 8,033,041.87 7.250000 % 5,730.93
M-2 76110FLX9 5,420,000.00 5,355,361.23 7.250000 % 3,820.62
M-3 76110FLY2 4,065,000.00 4,016,520.91 7.250000 % 2,865.47
B-1 1,490,500.00 1,472,724.31 7.250000 % 1,050.67
B-2 677,500.00 669,420.15 7.250000 % 477.58
B-3 1,219,925.82 1,193,597.52 7.250000 % 851.53
- -------------------------------------------------------------------------------
271,005,025.82 188,495,221.65 5,568,565.63
===============================================================================
_______________________________________________________________________________
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 8,834.19 1,584,842.57 0.00 0.00 0.00
A-3 85,684.75 940,110.71 0.00 0.00 9,463,659.32
A-4 213,062.03 3,336,396.52 0.00 0.00 34,886,665.51
A-5 96,208.42 96,208.42 0.00 0.00 17,163,462.00
A-6 180,480.63 180,480.63 0.00 0.00 29,977,000.00
A-7 96,721.53 96,721.53 0.00 0.00 16,065,000.00
A-8 328,997.70 328,997.70 0.00 0.00 54,645,000.00
A-9-1 135,250.99 135,250.99 0.00 0.00 0.00
A-9-2 20,774.37 20,774.37 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,364.03 54,094.96 0.00 0.00 8,027,310.94
M-2 32,242.69 36,063.31 0.00 0.00 5,351,540.61
M-3 24,182.01 27,047.48 0.00 0.00 4,013,655.44
B-1 8,866.74 9,917.41 0.00 0.00 1,471,673.64
B-2 4,030.33 4,507.91 0.00 0.00 668,942.57
B-3 7,186.22 8,037.75 0.00 0.00 1,192,745.99
- -------------------------------------------------------------------------------
1,290,886.63 6,859,452.26 0.00 0.00 182,926,656.02
===============================================================================
Run: 03/31/99 13:05:49
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 90.471204 90.471204 0.507129 90.978333 0.000000 0.000000
A-3 449.168239 37.194983 3.730040 40.925023 0.000000 411.973257
A-4 1000.000000 82.171389 5.605420 87.776809 0.000000 917.828611
A-5 1000.000000 0.000000 5.605420 5.605420 0.000000 1000.000000
A-6 1000.000000 0.000000 6.020637 6.020637 0.000000 1000.000000
A-7 1000.000000 0.000000 6.020637 6.020637 0.000000 1000.000000
A-8 1000.000000 0.000000 6.020637 6.020637 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-1 988.074031 0.704911 5.948835 6.653746 0.000000 987.369119
M-2 988.074028 0.704911 5.948836 6.653747 0.000000 987.369116
M-3 988.074025 0.704913 5.948834 6.653747 0.000000 987.369112
B-1 988.074009 0.704911 5.948836 6.653747 0.000000 987.369098
B-2 988.074022 0.704915 5.948827 6.653742 0.000000 987.369107
B-3 978.418114 0.698001 5.890702 6.588703 0.000000 977.720093
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS9 (POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4263
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,371.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 61,852.64
MASTER SERVICER ADVANCES THIS MONTH 540.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 69 6,470,493.60
(B) TWO MONTHLY PAYMENTS: 6 756,475.70
(C) THREE OR MORE MONTHLY PAYMENTS: 5 420,655.40
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 488,027.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 182,926,656.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,847
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 75,463.96
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,434,089.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.99671520 % 9.23361600 % 1.76966930 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.66984740 % 9.50791283 % 1.82223970 %
BANKRUPTCY AMOUNT AVAILABLE 153,458.00
FRAUD AMOUNT AVAILABLE 8,130,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,710,050.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.60099233
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.11
POOL TRADING FACTOR: 67.49935927
................................................................................
Run: 03/31/99 13:05:51 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 199,969,492.00 103,937,917.08 7.250000 % 6,043,063.64
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 63,971,575.39 7.250000 % 100,837.29
A-5 7611OFMS9 76,250.57 65,176.99 0.000000 % 61.46
A-6-1 0.00 0.00 1.012658 % 0.00
A-6-2 0.00 0.00 0.706153 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,454,623.98 7.250000 % 15,329.39
M-2 7611OFMW0 6,524,000.00 6,433,311.36 7.250000 % 9,433.03
M-3 7611OFMX8 4,893,000.00 4,824,983.48 7.250000 % 7,074.77
B-1 7611OFMY6 1,794,000.00 1,769,062.00 7.250000 % 2,593.94
B-2 7611OFMZ3 816,000.00 804,656.96 7.250000 % 1,179.85
B-3 7611OFNA7 1,468,094.11 1,430,587.78 7.250000 % 2,097.64
- -------------------------------------------------------------------------------
326,202,444.68 228,834,895.02 6,181,671.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 627,353.52 6,670,417.16 0.00 0.00 97,894,853.44
A-2 60,358.49 60,358.49 0.00 0.00 10,000,000.00
A-3 151,759.34 151,759.34 0.00 0.00 25,143,000.00
A-4 386,122.73 486,960.02 0.00 0.00 63,870,738.10
A-5 0.00 61.46 0.00 0.00 65,115.53
A-6-1 151,519.53 151,519.53 0.00 0.00 0.00
A-6-2 28,872.14 28,872.14 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 63,102.52 78,431.91 0.00 0.00 10,439,294.59
M-2 38,830.49 48,263.52 0.00 0.00 6,423,878.33
M-3 29,122.87 36,197.64 0.00 0.00 4,817,908.71
B-1 10,677.79 13,271.73 0.00 0.00 1,766,468.06
B-2 4,856.79 6,036.64 0.00 0.00 803,477.11
B-3 8,634.81 10,732.45 0.00 0.00 1,425,661.14
- -------------------------------------------------------------------------------
1,561,211.02 7,742,882.03 0.00 0.00 222,650,395.01
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 519.768871 30.219928 3.137246 33.357174 0.000000 489.548943
A-2 1000.000000 0.000000 6.035849 6.035849 0.000000 1000.000000
A-3 1000.000000 0.000000 6.035849 6.035849 0.000000 1000.000000
A-4 985.443878 1.553338 5.947990 7.501328 0.000000 983.890540
A-5 854.773807 0.806027 0.000000 0.806027 0.000000 853.967780
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-1 986.099225 1.445896 5.951945 7.397841 0.000000 984.653329
M-2 986.099227 1.445897 5.951945 7.397842 0.000000 984.653331
M-3 986.099219 1.445896 5.951946 7.397842 0.000000 984.653323
B-1 986.099220 1.445897 5.951945 7.397842 0.000000 984.653322
B-2 986.099216 1.445895 5.951949 7.397844 0.000000 984.653321
B-3 974.452367 1.428818 5.881646 7.310464 0.000000 971.096560
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:51 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS10 (POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4264
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 46,946.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 55,157.99
MASTER SERVICER ADVANCES THIS MONTH 2,856.30
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 3,943,558.06
(B) TWO MONTHLY PAYMENTS: 11 1,378,709.91
(C) THREE OR MORE MONTHLY PAYMENTS: 7 898,616.80
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 936,998.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 222,650,395.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,130
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 366,727.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,823,835.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.75846600 % 9.49116800 % 1.75036570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.46433690 % 9.73772430 % 1.79509010 %
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 8.52567089
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.04
POOL TRADING FACTOR: 68.25528093
................................................................................
Run: 03/31/99 13:05:52 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 72,224,551.99 7.000000 % 2,590,810.46
A-2 7611OFMD2 43,142.76 35,411.78 0.000000 % 239.17
A-3-1 0.00 0.00 1.080005 % 0.00
A-3-2 0.00 0.00 0.657042 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,884,447.53 7.000000 % 10,348.58
M-2 7611OFMH3 892,000.00 845,523.22 7.000000 % 3,033.50
M-3 7611OFMJ9 419,700.00 397,831.96 7.000000 % 1,427.31
B-1 7611OFMK6 367,000.00 347,877.84 7.000000 % 1,248.09
B-2 7611OFML4 262,400.00 248,727.88 7.000000 % 892.37
B-3 7611OFMM2 263,388.53 249,664.90 7.000000 % 895.71
- -------------------------------------------------------------------------------
104,940,731.29 77,234,037.10 2,608,895.19
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 420,137.70 3,010,948.16 0.00 0.00 69,633,741.53
A-2 0.00 239.17 0.00 0.00 35,172.61
A-3-1 55,006.37 55,006.37 0.00 0.00 0.00
A-3-2 8,704.99 8,704.99 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,779.13 27,127.71 0.00 0.00 2,874,098.95
M-2 4,918.50 7,952.00 0.00 0.00 842,489.72
M-3 2,314.23 3,741.54 0.00 0.00 396,404.65
B-1 2,023.64 3,271.73 0.00 0.00 346,629.75
B-2 1,446.87 2,339.24 0.00 0.00 247,835.51
B-3 1,452.33 2,348.04 0.00 0.00 248,769.19
- -------------------------------------------------------------------------------
512,783.76 3,121,678.95 0.00 0.00 74,625,141.91
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 724.782258 25.999101 4.216133 30.215234 0.000000 698.783156
A-2 820.804696 5.543688 0.000000 5.543688 0.000000 815.261008
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-1 947.896001 3.400782 5.514009 8.914791 0.000000 944.495219
M-2 947.895987 3.400785 5.514013 8.914798 0.000000 944.495202
M-3 947.896021 3.400786 5.514010 8.914796 0.000000 944.495235
B-1 947.896022 3.400790 5.514005 8.914795 0.000000 944.495232
B-2 947.895884 3.400800 5.513986 8.914786 0.000000 944.495084
B-3 947.895871 3.400793 5.514021 8.914814 0.000000 944.495153
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:05:52 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS11 (POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4265
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,813.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 12,447.71
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 630,462.58
(B) TWO MONTHLY PAYMENTS: 5 494,453.78
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 77,006.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,625,141.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 897
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 2,331,715.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.55678510 % 5.34699000 % 1.09622500 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.35536960 % 5.51153836 % 1.13049310 %
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 8.32299489
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 155.59
POOL TRADING FACTOR: 71.11170371
................................................................................
Run: 03/31/99 13:06:00 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 12,695,836.46 9.000000 % 993,596.01
A-3 76110FND1 62,824,125.00 52,429,681.28 7.000000 % 6,955,172.04
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 58,622,761.47 7.250000 % 71,908.87
A-8-1 0.00 0.00 0.932016 % 0.00
A-8-2 0.00 0.00 0.775627 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,321,564.22 7.250000 % 12,660.82
M-2 76110FNL3 4,471,600.00 4,423,584.05 7.250000 % 5,426.13
M-3 76110FNM1 4,471,500.00 4,423,485.12 7.250000 % 5,426.01
B-1 76110FNN9 1,639,600.00 1,621,994.02 7.250000 % 1,989.60
B-2 76110FNP4 745,200.00 737,198.05 7.250000 % 904.27
B-3 76110FNQ2 1,341,561.05 1,273,227.27 7.250000 % 1,561.80
- -------------------------------------------------------------------------------
298,104,002.05 219,426,490.94 8,048,645.55
===============================================================================
_______________________________________________________________________________
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 94,544.81 1,088,140.82 0.00 0.00 11,702,240.45
A-3 303,675.06 7,258,847.10 0.00 0.00 45,474,509.24
A-4 138,199.89 138,199.89 0.00 0.00 24,294,118.00
A-5 155,971.49 155,971.49 0.00 0.00 26,000,000.00
A-6 135,473.49 135,473.49 0.00 0.00 22,583,041.00
A-7 351,672.29 423,581.16 0.00 0.00 58,550,852.60
A-8-1 135,008.97 135,008.97 0.00 0.00 0.00
A-8-2 28,468.77 28,468.77 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,918.07 74,578.89 0.00 0.00 10,308,903.40
M-2 26,536.65 31,962.78 0.00 0.00 4,418,157.92
M-3 26,536.06 31,962.07 0.00 0.00 4,418,059.11
B-1 9,730.19 11,719.79 0.00 0.00 1,620,004.42
B-2 4,422.38 5,326.65 0.00 0.00 736,293.78
B-3 7,637.96 9,199.76 0.00 0.00 1,271,665.47
- -------------------------------------------------------------------------------
1,479,796.08 9,528,441.63 0.00 0.00 211,377,845.39
===============================================================================
Run: 03/31/99 13:06:00
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-2 566.632784 44.345567 4.219666 48.565233 0.000000 522.287216
A-3 834.546940 110.708618 4.833733 115.542351 0.000000 723.838322
A-4 1000.000000 0.000000 5.688615 5.688615 0.000000 1000.000000
A-5 1000.000000 0.000000 5.998903 5.998903 0.000000 1000.000000
A-6 1000.000000 0.000000 5.998904 5.998904 0.000000 1000.000000
A-7 988.266139 1.212244 5.928513 7.140757 0.000000 987.053895
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-1 989.262021 1.213466 5.934488 7.147954 0.000000 988.048555
M-2 989.262020 1.213465 5.934487 7.147952 0.000000 988.048555
M-3 989.262019 1.213465 5.934487 7.147952 0.000000 988.048554
B-1 989.262027 1.213467 5.934490 7.147957 0.000000 988.048561
B-2 989.262010 1.213459 5.934487 7.147946 0.000000 988.048551
B-3 949.063980 1.164159 5.693338 6.857497 0.000000 947.899811
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:01 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS12 (POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4270
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,711.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 66,482.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 54 6,450,157.73
(B) TWO MONTHLY PAYMENTS: 6 765,533.88
(C) THREE OR MORE MONTHLY PAYMENTS: 5 568,444.87
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,023,369.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 211,377,845.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,042
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 7,779,488.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 112,211.11
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.60879670 % 8.73578800 % 1.65541510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.22636190 % 9.05729756 % 1.71634050 %
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 8.48349446
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.52
POOL TRADING FACTOR: 70.90741618
................................................................................
Run: 03/31/99 12:56:00 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 8,891,588.22 8.032472 % 631,604.81
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 8,891,588.22 631,604.81
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 57,539.93 689,144.74 0.00 0.00 8,259,983.41
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
57,539.93 689,144.74 0.00 0.00 8,259,983.41
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 353.999288 25.145975 2.290827 27.436802 0.000000 328.853314
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 12:56:00 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QPCR3 (POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3359
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,663.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 400.28
SUBSERVICER ADVANCES THIS MONTH 4,041.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 426,249.83
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 62,249.84
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 44,567.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 8,259,983.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 66
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 547,578.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 77,049.49
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 8.44548794
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.03
POOL TRADING FACTOR: 32.88533136
................................................................................
Run: 03/31/99 13:06:08 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 20,791,307.19 7.250000 % 938,977.48
A-2 76110FNT6 30,750,000.00 2,695,153.07 7.250000 % 2,460,181.66
A-3 76110FNU3 40,799,000.00 40,799,000.00 7.250000 % 0.00
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 62,324,919.57 7.250000 % 90,522.45
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 55,335,675.63 7.000000 % 2,499,071.02
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 74,138,255.07 0.000000 % 2,281,692.78
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 2.247520 % 0.00
A-14 76110FPF4 0.00 0.00 12.252480 % 0.00
A-15 76110FPG2 26,249,000.00 17,325,979.30 7.000000 % 782,476.27
A-16 76110FPH0 2,386,273.00 1,575,089.21 10.000000 % 71,134.21
A-17 76110FPJ6 139,012.74 131,102.98 0.000000 % 127.79
A-18-1 0.00 0.00 0.910917 % 0.00
A-18-2 0.00 0.00 0.653920 % 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 16,092,945.39 7.250000 % 23,373.84
M-2 76110FPP2 5,422,000.00 5,363,985.35 7.250000 % 7,790.80
M-3 76110FPQ0 6,507,000.00 6,437,376.02 7.250000 % 9,349.82
B-1 76110FPR8 2,386,000.00 2,360,470.13 7.250000 % 3,428.41
B-2 76110FPS6 1,085,000.00 1,073,390.66 7.250000 % 1,559.02
B-3 76110FPT4 1,952,210.06 1,931,321.68 7.250000 % 2,805.08
- -------------------------------------------------------------------------------
433,792,422.80 329,855,386.25 9,172,490.63
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 125,469.81 1,064,447.29 0.00 0.00 19,852,329.71
A-2 16,264.51 2,476,446.17 0.00 0.00 234,971.41
A-3 246,210.72 246,210.72 0.00 0.00 40,799,000.00
A-4 40,704.21 40,704.21 0.00 0.00 6,745,000.00
A-5 25,559.57 25,559.57 0.00 0.00 4,235,415.00
A-6 63,358.57 63,358.57 0.00 0.00 10,499,000.00
A-7 376,113.71 466,636.16 0.00 0.00 62,234,397.12
A-8 0.00 0.00 0.00 0.00 0.00
A-9 322,420.53 2,821,491.55 0.00 0.00 52,836,604.61
A-10 11,515.02 11,515.02 0.00 0.00 0.00
A-11 0.00 2,281,692.78 0.00 0.00 71,856,562.29
A-12 223,701.96 223,701.96 0.00 0.00 0.00
A-13 34,674.11 34,674.11 0.00 0.00 0.00
A-14 189,027.85 189,027.85 0.00 0.00 0.00
A-15 100,952.07 883,428.34 0.00 0.00 16,543,503.03
A-16 13,110.66 84,244.87 0.00 0.00 1,503,955.00
A-17 0.00 127.79 0.00 0.00 130,975.19
A-18-1 189,279.09 189,279.09 0.00 0.00 0.00
A-18-2 43,664.87 43,664.87 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 97,116.49 120,490.33 0.00 0.00 16,069,571.55
M-2 32,370.17 40,160.97 0.00 0.00 5,356,194.55
M-3 38,847.79 48,197.61 0.00 0.00 6,428,026.20
B-1 14,244.78 17,673.19 0.00 0.00 2,357,041.72
B-2 6,477.62 8,036.64 0.00 0.00 1,071,831.64
B-3 11,654.99 14,460.07 0.00 0.00 1,928,516.60
- -------------------------------------------------------------------------------
2,222,739.10 11,395,229.73 0.00 0.00 320,682,895.62
===============================================================================
Run: 03/31/99 13:06:08
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-1 660.062452 29.809755 3.983295 33.793050 0.000000 630.252697
A-2 87.647254 80.005908 0.528927 80.534835 0.000000 7.641347
A-3 1000.000000 0.000000 6.034724 6.034724 0.000000 1000.000000
A-4 1000.000000 0.000000 6.034723 6.034723 0.000000 1000.000000
A-5 1000.000000 0.000000 6.034726 6.034726 0.000000 1000.000000
A-6 1000.000000 0.000000 6.034724 6.034724 0.000000 1000.000000
A-7 989.300141 1.436887 5.970154 7.407041 0.000000 987.863254
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 809.723227 36.568738 4.717958 41.286696 0.000000 773.154489
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 741.098621 22.808190 0.000000 22.808190 0.000000 718.290432
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-15 660.062452 29.809755 3.845940 33.655695 0.000000 630.252697
A-16 660.062453 29.809755 5.494200 35.303955 0.000000 630.252698
A-17 943.100467 0.919268 0.000000 0.919268 0.000000 942.181199
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-1 989.300141 1.436887 5.970154 7.407041 0.000000 987.863254
M-2 989.300138 1.436887 5.970153 7.407040 0.000000 987.863252
M-3 989.300141 1.436886 5.970154 7.407040 0.000000 987.863255
B-1 989.300138 1.436886 5.970151 7.407037 0.000000 987.863252
B-2 989.300147 1.436885 5.970157 7.407042 0.000000 987.863263
B-3 989.300137 1.436889 5.970152 7.407041 0.000000 987.863263
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:09 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1997-QS13 (POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4277
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 67,526.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 86,003.77
MASTER SERVICER ADVANCES THIS MONTH 1,800.43
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 73 8,836,940.41
(B) TWO MONTHLY PAYMENTS: 13 1,036,934.26
(C) THREE OR MORE MONTHLY PAYMENTS: 4 973,230.63
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 570,600.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 320,682,895.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,930
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 231,198.63
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,693,473.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 236,684.35
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.91293910 % 8.45988900 % 1.62717240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.63937500 % 8.68577423 % 1.67130180 %
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 8.37547509
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.28
POOL TRADING FACTOR: 73.92542579
................................................................................
Run: 03/31/99 13:06:14 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 30,691,815.85 7.000000 % 3,223,255.96
A-2 76110FPV9 117,395,000.00 80,599,530.39 7.000000 % 3,526,210.60
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 1.128227 % 0.00
A-6-2 0.00 0.00 0.941765 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,248,917.83 7.000000 % 8,271.09
M-2 76110FQD8 4,054,000.00 4,017,364.50 7.000000 % 2,953.88
M-3 76110FQE6 4,865,000.00 4,821,035.56 7.000000 % 3,544.81
B-1 76110FQF3 1,783,800.00 1,767,680.01 7.000000 % 1,299.74
B-2 76110FQG1 810,800.00 803,472.90 7.000000 % 590.78
B-3 76110FQH9 1,459,579.11 1,446,389.06 7.000000 % 1,063.49
- -------------------------------------------------------------------------------
324,327,779.11 253,678,206.10 6,767,190.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 178,915.17 3,402,171.13 0.00 0.00 27,468,559.89
A-2 469,847.69 3,996,058.29 0.00 0.00 77,073,319.79
A-3 299,515.07 299,515.07 0.00 0.00 51,380,000.00
A-4 10,854.36 10,854.36 0.00 0.00 1,862,000.00
A-5 379,144.81 379,144.81 0.00 0.00 65,040,000.00
A-6-1 178,222.02 178,222.02 0.00 0.00 0.00
A-6-2 50,186.54 50,186.54 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,574.55 73,845.64 0.00 0.00 11,240,646.74
M-2 23,418.87 26,372.75 0.00 0.00 4,014,410.62
M-3 28,103.79 31,648.60 0.00 0.00 4,817,490.75
B-1 10,304.53 11,604.27 0.00 0.00 1,766,380.27
B-2 4,683.78 5,274.56 0.00 0.00 802,882.12
B-3 8,431.59 9,495.08 0.00 0.00 1,445,325.57
- -------------------------------------------------------------------------------
1,707,202.77 8,474,393.12 0.00 0.00 246,911,015.75
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 477.129246 50.108136 2.781382 52.889518 0.000000 427.021110
A-2 686.566978 30.037145 4.002280 34.039425 0.000000 656.529833
A-3 1000.000000 0.000000 5.829410 5.829410 0.000000 1000.000000
A-4 1000.000000 0.000000 5.829409 5.829409 0.000000 1000.000000
A-5 1000.000000 0.000000 5.829410 5.829410 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-1 990.963118 0.728634 5.776730 6.505364 0.000000 990.234484
M-2 990.963123 0.728633 5.776732 6.505365 0.000000 990.234489
M-3 990.963116 0.728635 5.776730 6.505365 0.000000 990.234481
B-1 990.963118 0.728635 5.776729 6.505364 0.000000 990.234483
B-2 990.963123 0.728638 5.776739 6.505377 0.000000 990.234485
B-3 990.963114 0.728628 5.776727 6.505355 0.000000 990.234486
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:14 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS1 (POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4281
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 52,111.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 66,054.28
MASTER SERVICER ADVANCES THIS MONTH 913.99
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 6,102,060.42
(B) TWO MONTHLY PAYMENTS: 8 878,142.39
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,017,716.98
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 797,146.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 246,911,015.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,193
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 118,612.38
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,580,666.14
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.49785940 % 7.91842500 % 1.58371590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.24460860 % 8.12946642 % 1.62592500 %
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 8.36189908
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.13
POOL TRADING FACTOR: 76.13008557
................................................................................
Run: 03/31/99 13:06:18 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 13,490,082.81 6.750000 % 995,590.21
A-2 76110FQK2 158,282,400.00 106,762,134.16 6.500000 % 7,879,220.42
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 28,750,760.67 5.536880 % 1,550,462.51
A-5 76110FQN6 0.00 0.00 3.488895 % 0.00
A-6 76110FQP1 13,504,750.00 9,949,033.22 5.436880 % 543,791.37
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 135,972.18 0.000000 % 944.88
A-9-1 0.00 0.00 1.058233 % 0.00
A-9-2 0.00 0.00 0.765838 % 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 17,206,571.82 7.000000 % 23,264.34
M-2 76110FQW6 5,422,000.00 5,376,929.73 7.000000 % 7,269.94
M-3 76110FQX4 5,422,000.00 5,376,929.73 7.000000 % 7,269.94
B-1 76110FQY2 2,385,700.00 2,365,868.92 7.000000 % 3,198.80
B-2 76110FQZ9 1,084,400.00 1,075,385.97 7.000000 % 1,453.99
B-3 76110FRA3 1,952,351.82 1,936,122.89 7.000000 % 2,617.74
- -------------------------------------------------------------------------------
433,770,084.51 361,763,692.10 11,015,084.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 75,742.16 1,071,332.37 0.00 0.00 12,494,492.60
A-2 577,231.30 8,456,451.72 0.00 0.00 98,882,913.74
A-3 463,680.63 463,680.63 0.00 0.00 82,584,000.00
A-4 132,413.95 1,682,876.46 0.00 0.00 27,200,298.16
A-5 112,309.32 112,309.32 0.00 0.00 0.00
A-6 44,993.52 588,784.89 0.00 0.00 9,405,241.85
A-7 505,133.67 505,133.67 0.00 0.00 86,753,900.00
A-8 0.00 944.88 0.00 0.00 135,027.30
A-9-1 225,812.85 225,812.85 0.00 0.00 0.00
A-9-2 67,032.73 67,032.73 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-1 100,187.07 123,451.41 0.00 0.00 17,183,307.48
M-2 31,307.73 38,577.67 0.00 0.00 5,369,659.79
M-3 31,307.73 38,577.67 0.00 0.00 5,369,659.79
B-1 13,775.52 16,974.32 0.00 0.00 2,362,670.12
B-2 6,261.54 7,715.53 0.00 0.00 1,073,931.98
B-3 11,273.28 13,891.02 0.00 0.00 1,933,505.15
- -------------------------------------------------------------------------------
2,398,463.00 13,413,547.14 0.00 0.00 350,748,607.96
===============================================================================
Run: 03/31/99 13:06:18
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-1 674.504141 49.779511 3.787108 53.566619 0.000000 624.724630
A-2 674.504140 49.779511 3.646845 53.426356 0.000000 624.724630
A-3 1000.000000 0.000000 5.614655 5.614655 0.000000 1000.000000
A-4 739.306014 39.869076 3.404934 43.274010 0.000000 699.436938
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 736.706212 40.266675 3.331681 43.598356 0.000000 696.439538
A-7 1000.000000 0.000000 5.822605 5.822605 0.000000 1000.000000
A-8 980.101950 6.810796 0.000000 6.810796 0.000000 973.291154
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-1 991.687520 1.340822 5.774205 7.115027 0.000000 990.346698
M-2 991.687519 1.340823 5.774203 7.115026 0.000000 990.346697
M-3 991.687519 1.340823 5.774203 7.115026 0.000000 990.346697
B-1 991.687521 1.340822 5.774205 7.115027 0.000000 990.346699
B-2 991.687541 1.340824 5.774198 7.115022 0.000000 990.346717
B-3 991.687497 1.340814 5.774205 7.115019 0.000000 990.346684
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:19 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS2 (POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4284
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 73,987.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 93,358.94
MASTER SERVICER ADVANCES THIS MONTH 1,016.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 62 7,560,075.26
(B) TWO MONTHLY PAYMENTS: 12 2,193,466.30
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,497,714.14
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,287,483.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 350,748,607.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,029
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 136,381.18
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 10,525,986.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 228,018.68
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.78117990 % 7.73182700 % 1.48699270 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.50443680 % 7.96086611 % 1.53163130 %
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 8.25175919
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.45
POOL TRADING FACTOR: 80.86048819
................................................................................
Run: 03/31/99 13:09:22 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 97,539,062.16 6.500000 % 1,685,409.66
A-2 76110FRC9 34,880,737.00 25,659,506.00 6.500000 % 393,330.90
A-3-1 0.00 0.00 1.248805 % 0.00
A-3-2 0.00 0.00 1.029571 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,778,355.13 6.500000 % 13,140.59
M-2 76110FRG0 785,100.00 755,382.40 6.500000 % 2,627.11
M-3 76110FRH8 707,000.00 680,238.64 6.500000 % 2,365.77
B-1 76110FRJ4 471,200.00 453,364.12 6.500000 % 1,576.74
B-2 76110FRK1 314,000.00 302,114.47 6.500000 % 1,050.71
B-3 76110FRL9 471,435.62 453,590.83 6.500000 % 1,577.52
- -------------------------------------------------------------------------------
157,074,535.62 129,621,613.75 2,101,079.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 527,437.05 2,212,846.71 0.00 0.00 95,853,652.50
A-2 138,752.35 532,083.25 0.00 0.00 25,266,175.10
A-3-1 104,320.40 104,320.40 0.00 0.00 0.00
A-3-2 25,016.46 25,016.46 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,431.24 33,571.83 0.00 0.00 3,765,214.54
M-2 4,084.68 6,711.79 0.00 0.00 752,755.29
M-3 3,678.36 6,044.13 0.00 0.00 677,872.87
B-1 2,451.54 4,028.28 0.00 0.00 451,787.38
B-2 1,633.66 2,684.37 0.00 0.00 301,063.76
B-3 2,452.77 4,030.29 0.00 0.00 452,013.30
- -------------------------------------------------------------------------------
830,258.51 2,931,337.51 0.00 0.00 127,520,534.74
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 844.362726 14.590022 4.565844 19.155866 0.000000 829.772704
A-2 735.635431 11.276450 3.977908 15.254358 0.000000 724.358981
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-1 962.147983 3.346216 5.202760 8.548976 0.000000 958.801767
M-2 962.148007 3.346211 5.202751 8.548962 0.000000 958.801796
M-3 962.148006 3.346209 5.202772 8.548981 0.000000 958.801796
B-1 962.147963 3.346222 5.202759 8.548981 0.000000 958.801740
B-2 962.147994 3.346210 5.202739 8.548949 0.000000 958.801783
B-3 962.147981 3.346205 5.202768 8.548973 0.000000 958.801755
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:23 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,866.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 31,264.25
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,138,662.31
(B) TWO MONTHLY PAYMENTS: 4 564,436.35
(C) THREE OR MORE MONTHLY PAYMENTS: 2 122,969.36
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 360,926.42
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,520,534.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,394
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 1,650,273.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.04477270 % 4.02245900 % 0.93276840 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.98064590 % 4.07451452 % 0.94483950 %
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 7.98036400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 160.78
POOL TRADING FACTOR: 81.18472815
................................................................................
Run: 03/31/99 13:09:25 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 95,834,924.03 6.500000 % 6,190,010.01
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 31,425,285.99 5.436880 % 1,547,502.50
A-I-4 76110FRQ8 0.00 0.00 3.563120 % 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 64,809,641.35 7.000000 % 796,330.61
A-V-1 0.00 0.00 0.894843 % 0.00
A-V-2 0.00 0.00 0.660772 % 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 14,062,450.78 7.000000 % 10,353.01
M-2 76110FRY1 5,067,800.00 5,022,247.22 7.000000 % 3,697.46
M-3 76110FRZ8 5,067,800.00 5,022,247.22 7.000000 % 3,697.46
B-1 76110FSA2 2,230,000.00 2,209,955.26 7.000000 % 1,627.01
B-2 76110FSB0 1,216,400.00 1,205,466.18 7.000000 % 887.48
B-3 76110FSC8 1,621,792.30 1,607,214.58 7.000000 % 1,183.26
- -------------------------------------------------------------------------------
405,421,992.30 345,799,877.61 8,555,288.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 518,841.06 6,708,851.07 0.00 0.00 89,644,914.02
A-I-2 335,823.62 335,823.62 0.00 0.00 59,732,445.00
A-I-3 142,306.97 1,689,809.47 0.00 0.00 29,877,783.49
A-I-4 93,262.45 93,262.45 0.00 0.00 0.00
A-I-5 378,203.66 378,203.66 0.00 0.00 64,868,000.00
A-II 377,949.16 1,174,279.77 0.00 0.00 64,013,310.74
A-V-1 202,749.74 202,749.74 0.00 0.00 0.00
A-V-2 40,604.14 40,604.14 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 81,526.03 91,879.04 0.00 0.00 14,052,097.77
M-2 29,116.11 32,813.57 0.00 0.00 5,018,549.76
M-3 29,116.11 32,813.57 0.00 0.00 5,018,549.76
B-1 12,812.06 14,439.07 0.00 0.00 2,208,328.25
B-2 6,988.61 7,876.09 0.00 0.00 1,204,578.70
B-3 9,317.71 10,500.97 0.00 0.00 1,606,031.32
- -------------------------------------------------------------------------------
2,258,617.43 10,813,906.23 0.00 0.00 337,244,588.81
===============================================================================
Run: 03/31/99 13:09:25
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-1 709.854674 45.849752 3.843085 49.692837 0.000000 664.004921
A-I-2 1000.000000 0.000000 5.622131 5.622131 0.000000 1000.000000
A-I-3 762.413698 37.544196 3.452531 40.996727 0.000000 724.869502
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.830358 5.830358 0.000000 1000.000000
A-II 861.795957 10.589080 5.025719 15.614799 0.000000 851.206877
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-1 991.011331 0.729599 5.745316 6.474915 0.000000 990.281732
M-2 991.011330 0.729599 5.745316 6.474915 0.000000 990.281732
M-3 991.011330 0.729599 5.745316 6.474915 0.000000 990.281732
B-1 991.011327 0.729601 5.745318 6.474919 0.000000 990.281727
B-2 991.011329 0.729596 5.745319 6.474915 0.000000 990.281733
B-3 991.011352 0.729600 5.745317 6.474917 0.000000 990.281752
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:26 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS4 (POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4290
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 70,968.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,845.15
SUBSERVICER ADVANCES THIS MONTH 80,648.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 73 8,204,910.04
(B) TWO MONTHLY PAYMENTS: 8 952,014.20
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,136,469.21
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 646,586.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 337,244,588.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,949
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 8,300,708.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.57617360 % 6.97135700 % 1.45246900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.36883540 % 7.14294553 % 1.48821910 %
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 8.17490300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.30
POOL TRADING FACTOR: 83.18359517
................................................................................
Run: 03/31/99 13:06:28 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 151,551,000.00 114,249,091.29 6.750000 % 8,045,379.38
A-2 76110FSE4 75,936,500.00 75,936,500.00 6.750000 % 0.00
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 1.072168 % 0.00
A-6-2 0.00 0.00 0.871342 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,557,788.79 6.750000 % 9,176.15
M-2 76110FSM6 4,216,900.00 4,185,929.59 6.750000 % 3,058.72
M-3 76110FSN4 4,392,600.00 4,360,339.19 6.750000 % 3,186.16
B-1 76110FSP9 1,757,100.00 1,744,195.24 6.750000 % 1,274.51
B-2 76110FSQ7 1,054,300.00 1,046,556.85 6.750000 % 764.73
B-3 76110FSR5 1,405,623.28 1,395,299.87 6.750000 % 1,019.57
- -------------------------------------------------------------------------------
351,405,323.28 313,916,200.82 8,063,859.22
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 642,516.96 8,687,896.34 0.00 0.00 106,203,711.91
A-2 427,053.63 427,053.63 0.00 0.00 75,936,500.00
A-3 98,337.09 98,337.09 0.00 0.00 17,485,800.00
A-4 74,035.98 74,035.98 0.00 0.00 13,164,700.00
A-5 381,239.13 381,239.13 0.00 0.00 67,790,000.00
A-6-1 210,451.92 210,451.92 0.00 0.00 0.00
A-6-2 56,860.29 56,860.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,622.81 79,798.96 0.00 0.00 12,548,612.64
M-2 23,540.93 26,599.65 0.00 0.00 4,182,870.87
M-3 24,521.79 27,707.95 0.00 0.00 4,357,153.03
B-1 9,809.05 11,083.56 0.00 0.00 1,742,920.73
B-2 5,885.65 6,650.38 0.00 0.00 1,045,792.12
B-3 7,846.92 8,866.49 0.00 0.00 1,394,280.30
- -------------------------------------------------------------------------------
2,032,722.15 10,096,581.37 0.00 0.00 305,852,341.60
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 753.865638 53.086944 4.239609 57.326553 0.000000 700.778694
A-2 1000.000000 0.000000 5.623826 5.623826 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623826 5.623826 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623826 5.623826 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623825 5.623825 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-1 992.655647 0.725347 5.582522 6.307869 0.000000 991.930300
M-2 992.655645 0.725348 5.582520 6.307868 0.000000 991.930297
M-3 992.655646 0.725347 5.582523 6.307870 0.000000 991.930299
B-1 992.655649 0.725349 5.582522 6.307871 0.000000 991.930300
B-2 992.655648 0.725344 5.582519 6.307863 0.000000 991.930305
B-3 992.655635 0.725351 5.582520 6.307871 0.000000 991.930284
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:29 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS5 (POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4299
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 64,430.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 83,591.57
MASTER SERVICER ADVANCES THIS MONTH 1,336.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 78 9,902,297.47
(B) TWO MONTHLY PAYMENTS: 6 655,453.23
(C) THREE OR MORE MONTHLY PAYMENTS: 3 208,216.55
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 687,943.33
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 305,852,341.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,517
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 192,444.26
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,834,476.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.94367490 % 6.72283200 % 1.33349340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.73731040 % 6.89503845 % 1.36765120 %
BANKRUPTCY AMOUNT AVAILABLE 249,990.00
FRAUD AMOUNT AVAILABLE 7,028,106.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,514,053.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.10010578
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.20
POOL TRADING FACTOR: 87.03691189
................................................................................
Run: 03/31/99 13:09:28 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 17,808,457.60 6.750000 % 255,732.88
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 11,757,438.57 6.750000 % 491,007.13
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 117,157,087.32 6.750000 % 2,090,782.52
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 63,621,045.53 6.750000 % 1,941,923.52
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 8,137,462.45 6.750000 % 215,632.71
A-P 76110FTE3 57,464.36 55,091.66 0.000000 % 82.70
A-V-1 0.00 0.00 1.017559 % 0.00
A-V-2 0.00 0.00 0.776129 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,990,092.13 6.750000 % 9,534.38
M-2 76110FTH6 5,029,000.00 4,996,151.08 6.750000 % 3,667.04
M-3 76110FTJ2 4,224,500.00 4,196,905.99 6.750000 % 3,080.42
B-1 76110FTK9 2,011,600.00 1,998,460.44 6.750000 % 1,466.82
B-2 76110FTL7 1,207,000.00 1,199,116.00 6.750000 % 880.12
B-3 76110FTM5 1,609,449.28 1,598,936.42 6.750000 % 1,173.58
- -------------------------------------------------------------------------------
402,311,611.64 357,244,368.19 5,014,963.82
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 100,120.19 355,853.07 0.00 0.00 17,552,724.72
CB-2 221,020.51 221,020.51 0.00 0.00 39,313,092.00
CB-3 77,662.59 77,662.59 0.00 0.00 13,813,906.00
CB-4 66,101.01 557,108.14 0.00 0.00 11,266,431.44
CB-5 115,252.21 115,252.21 0.00 0.00 20,500,000.00
CB-6 658,664.04 2,749,446.56 0.00 0.00 115,066,304.80
CB-7 159,883.63 159,883.63 0.00 0.00 28,438,625.00
NB-1 357,833.08 2,299,756.60 0.00 0.00 61,679,122.01
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,346.20 54,346.20 0.00 0.00 9,662,500.00
NB-4 45,768.71 261,401.42 0.00 0.00 7,921,829.74
A-P 0.00 82.70 0.00 0.00 55,008.96
A-V-1 230,441.52 230,441.52 0.00 0.00 0.00
A-V-2 55,175.28 55,175.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,033.83 82,568.21 0.00 0.00 12,980,557.75
M-2 28,089.72 31,756.76 0.00 0.00 4,992,484.04
M-3 23,596.15 26,676.57 0.00 0.00 4,193,825.57
B-1 11,235.89 12,702.71 0.00 0.00 1,996,993.62
B-2 6,741.76 7,621.88 0.00 0.00 1,198,235.88
B-3 8,989.66 10,163.24 0.00 0.00 1,597,762.87
- -------------------------------------------------------------------------------
2,293,955.98 7,308,919.80 0.00 0.00 352,229,404.40
===============================================================================
Run: 03/31/99 13:09:28
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-1 882.726607 12.676124 4.962741 17.638865 0.000000 870.050483
CB-2 1000.000000 0.000000 5.622059 5.622059 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622059 5.622059 0.000000 1000.000000
CB-4 721.315250 30.123137 4.055277 34.178414 0.000000 691.192113
CB-5 1000.000000 0.000000 5.622059 5.622059 0.000000 1000.000000
CB-6 858.293680 15.317088 4.825378 20.142466 0.000000 842.976592
CB-7 1000.000000 0.000000 5.622059 5.622059 0.000000 1000.000000
NB-1 838.216422 25.585122 4.714502 30.299624 0.000000 812.631300
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.624445 5.624445 0.000000 1000.000000
NB-4 813.746245 21.563271 4.576871 26.140142 0.000000 792.182974
A-P 958.710060 1.439142 0.000000 1.439142 0.000000 957.270917
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-1 993.468099 0.729179 5.585548 6.314727 0.000000 992.738920
M-2 993.468101 0.729179 5.585548 6.314727 0.000000 992.738922
M-3 993.468100 0.729180 5.585549 6.314729 0.000000 992.738921
B-1 993.468105 0.729181 5.585549 6.314730 0.000000 992.738924
B-2 993.468103 0.729180 5.585551 6.314731 0.000000 992.738923
B-3 993.468039 0.729181 5.585550 6.314731 0.000000 992.738877
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:29 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 73,810.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,655.95
SUBSERVICER ADVANCES THIS MONTH 81,113.21
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 59 7,712,060.17
(B) TWO MONTHLY PAYMENTS: 12 1,476,192.47
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,103,011.64
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 846,282.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 352,229,404.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,820
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 4,752,719.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.44667640 % 6.20951700 % 1.34264200 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.34474170 % 6.29330405 % 1.36097130 %
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 8.04069400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.50
POOL TRADING FACTOR: 87.55138907
................................................................................
Run: 03/31/99 13:09:31 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 172,668,000.00 149,929,171.35 6.750000 % 3,682,128.74
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 32,242,000.00 6.750000 % 0.00
NB-2 76110FUD3 77,840,000.00 58,213,990.69 6.750000 % 3,694,524.42
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 72,822.13 0.000000 % 67.06
A-V 76110FUG6 0.00 0.00 0.953157 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,172,119.48 6.750000 % 9,544.71
M-2 76110FUK5 5,094,600.00 5,066,222.75 6.750000 % 3,671.06
M-3 76110FUM3 4,279,400.00 4,255,563.46 6.750000 % 3,083.64
B-1 76110FUN1 2,037,800.00 2,026,449.32 6.750000 % 1,468.39
B-2 76110FUP6 1,222,600.00 1,215,790.05 6.750000 % 880.98
B-3 76110FUQ4 1,631,527.35 1,622,439.63 6.750000 % 1,175.64
- -------------------------------------------------------------------------------
407,565,332.24 361,266,568.86 7,396,544.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 843,166.73 4,525,295.47 0.00 0.00 146,247,042.61
CB-2 199,930.55 199,930.55 0.00 0.00 35,551,000.00
CB-3 248,654.86 248,654.86 0.00 0.00 44,215,000.00
NB-1 181,341.69 181,341.69 0.00 0.00 32,242,000.00
NB-2 327,418.38 4,021,942.80 0.00 0.00 54,519,466.27
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,964.20 76,964.20 0.00 0.00 13,684,000.00
A-P 0.00 67.06 0.00 0.00 72,755.07
A-V 286,900.30 286,900.30 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 74,077.64 83,622.35 0.00 0.00 13,162,574.77
M-2 28,491.53 32,162.59 0.00 0.00 5,062,551.69
M-3 23,932.52 27,016.16 0.00 0.00 4,252,479.82
B-1 11,396.39 12,864.78 0.00 0.00 2,024,980.93
B-2 6,837.39 7,718.37 0.00 0.00 1,214,909.07
B-3 9,124.31 10,299.95 0.00 0.00 1,621,263.98
- -------------------------------------------------------------------------------
2,318,236.49 9,714,781.13 0.00 0.00 353,870,024.21
===============================================================================
Run: 03/31/99 13:09:31
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-1 868.308959 21.324905 4.883167 26.208072 0.000000 846.984054
CB-2 1000.000000 0.000000 5.623767 5.623767 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623767 5.623767 0.000000 1000.000000
NB-1 1000.000000 0.000000 5.624393 5.624393 0.000000 1000.000000
NB-2 747.867301 47.463058 4.206300 51.669358 0.000000 700.404243
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624393 5.624393 0.000000 1000.000000
A-P 992.061019 0.913527 0.000000 0.913527 0.000000 991.147492
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-1 994.429935 0.720578 5.592496 6.313074 0.000000 993.709357
M-2 994.429936 0.720579 5.592496 6.313075 0.000000 993.709357
M-3 994.429934 0.720578 5.592494 6.313072 0.000000 993.709357
B-1 994.429934 0.720576 5.592497 6.313073 0.000000 993.709358
B-2 994.429944 0.720579 5.592500 6.313079 0.000000 993.709365
B-3 994.429931 0.720576 5.592496 6.313072 0.000000 993.709349
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:32 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 74,321.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,521.05
SUBSERVICER ADVANCES THIS MONTH 66,404.11
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 55 7,200,275.69
(B) TWO MONTHLY PAYMENTS: 7 1,014,395.64
(C) THREE OR MORE MONTHLY PAYMENTS: 5 378,393.59
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 509,694.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 353,870,024.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,647
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 7,134,768.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.42550990 % 6.22640100 % 1.34656220 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.27276110 % 6.35193849 % 1.37399420 %
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 8.02711500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.78
POOL TRADING FACTOR: 86.82534952
................................................................................
Run: 03/31/99 13:09:34 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 124,454,000.00 113,228,625.76 6.500000 % 789,736.12
NB 76110FTP8 41,430,000.00 35,848,912.04 6.500000 % 1,765,791.98
A-P 76110FTQ6 63,383.01 61,486.24 0.000000 % 229.02
A-V 76110FTV5 0.00 0.00 0.942173 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,393,539.22 6.500000 % 14,660.70
M-2 76110FTT0 780,000.00 760,364.01 6.500000 % 2,537.24
M-3 76110FTU7 693,500.00 676,041.58 6.500000 % 2,255.87
B-1 76110FTW3 520,000.00 506,909.34 6.500000 % 1,691.49
B-2 76110FTX1 433,500.00 422,586.92 6.500000 % 1,410.12
B-3 76110FTY9 433,464.63 422,552.43 6.500000 % 1,409.98
- -------------------------------------------------------------------------------
173,314,947.64 156,321,017.54 2,579,722.52
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 612,990.82 1,402,726.94 0.00 0.00 112,438,889.64
NB 194,076.85 1,959,868.83 0.00 0.00 34,083,120.06
A-P 0.00 229.02 0.00 0.00 61,257.22
A-V 122,668.37 122,668.37 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,785.50 38,446.20 0.00 0.00 4,378,878.52
M-2 4,116.42 6,653.66 0.00 0.00 757,826.77
M-3 3,659.91 5,915.78 0.00 0.00 673,785.71
B-1 2,744.28 4,435.77 0.00 0.00 505,217.85
B-2 2,287.78 3,697.90 0.00 0.00 421,176.80
B-3 2,287.60 3,697.58 0.00 0.00 421,142.43
- -------------------------------------------------------------------------------
968,617.53 3,548,340.05 0.00 0.00 153,741,295.00
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 909.803026 6.345607 4.925441 11.271048 0.000000 903.457419
NB 865.288729 42.621095 4.684452 47.305547 0.000000 822.667634
A-P 970.074473 3.613263 0.000000 3.613263 0.000000 966.461210
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-1 974.825653 3.252873 5.277457 8.530330 0.000000 971.572780
M-2 974.825654 3.252872 5.277462 8.530334 0.000000 971.572782
M-3 974.825638 3.252877 5.277448 8.530325 0.000000 971.572761
B-1 974.825654 3.252865 5.277462 8.530327 0.000000 971.572789
B-2 974.825652 3.252872 5.277463 8.530335 0.000000 971.572780
B-3 974.825628 3.252814 5.277478 8.530292 0.000000 971.572766
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 32,299.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,314.90
SUBSERVICER ADVANCES THIS MONTH 33,956.72
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,186,581.23
(B) TWO MONTHLY PAYMENTS: 1 241,824.23
(C) THREE OR MORE MONTHLY PAYMENTS: 2 151,737.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 153,741,295.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,614
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 2,058,078.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.40380450 % 3.72947000 % 0.86491810 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.34225250 % 3.77939512 % 0.87684590 %
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 7.76809100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 165.63
POOL TRADING FACTOR: 88.70631016
................................................................................
Run: 03/31/99 13:06:37 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 21,552,459.47 6.750000 % 558,233.94
A-2 76110FUS0 29,011,000.00 16,811,946.73 6.750000 % 1,975,299.63
A-3 76110FUT8 12,434,000.00 12,434,000.00 6.750000 % 0.00
A-4 76110FUU5 17,404,000.00 17,404,000.00 6.750000 % 0.00
A-5 76110FUV3 7,831,000.00 7,831,000.00 6.750000 % 0.00
A-6 76110FUW1 13,853,000.00 13,853,000.00 6.750000 % 0.00
A-7 76110FUX9 14,886,000.00 14,886,000.00 6.750000 % 0.00
A-8 76110FUY7 8,409,000.00 8,409,000.00 6.750000 % 0.00
A-9 76110FUZ4 5,000,000.00 5,000,000.00 6.750000 % 0.00
A-10 76110FVA8 16,186,000.00 16,097,882.15 6.750000 % 11,426.81
A-11 76110FVB6 10,998.00 10,783.11 0.000000 % 10.53
A-12 76110FVC4 0.00 0.00 1.018147 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,800,721.44 6.750000 % 3,407.71
M-2 76110FVF7 2,011,300.00 2,000,350.31 6.750000 % 1,419.91
M-3 76110FVG5 2,011,300.00 2,000,350.31 6.750000 % 1,419.91
B-1 76110FVH3 884,900.00 880,082.54 6.750000 % 624.71
B-2 76110FVJ9 482,700.00 480,072.13 6.750000 % 340.77
B-3 76110FVK6 643,577.01 640,073.32 6.750000 % 454.36
- -------------------------------------------------------------------------------
160,885,875.01 145,091,721.51 2,552,638.28
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 121,215.08 679,449.02 0.00 0.00 20,994,225.53
A-2 94,553.55 2,069,853.18 0.00 0.00 14,836,647.10
A-3 69,931.15 69,931.15 0.00 0.00 12,434,000.00
A-4 97,883.37 97,883.37 0.00 0.00 17,404,000.00
A-5 44,043.02 44,043.02 0.00 0.00 7,831,000.00
A-6 77,911.88 77,911.88 0.00 0.00 13,853,000.00
A-7 83,721.66 83,721.66 0.00 0.00 14,886,000.00
A-8 47,293.80 47,293.80 0.00 0.00 8,409,000.00
A-9 28,120.94 28,120.94 0.00 0.00 5,000,000.00
A-10 90,537.52 101,964.33 0.00 0.00 16,086,455.34
A-11 0.00 10.53 0.00 0.00 10,772.58
A-12 123,086.15 123,086.15 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 27,000.16 30,407.87 0.00 0.00 4,797,313.73
M-2 11,250.35 12,670.26 0.00 0.00 1,998,930.40
M-3 11,250.35 12,670.26 0.00 0.00 1,998,930.40
B-1 4,949.75 5,574.46 0.00 0.00 879,457.83
B-2 2,700.02 3,040.79 0.00 0.00 479,731.36
B-3 3,599.89 4,054.25 0.00 0.00 639,618.96
- -------------------------------------------------------------------------------
939,048.64 3,491,686.92 0.00 0.00 142,539,083.23
===============================================================================
Run: 03/31/99 13:06:37
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-1 862.098379 22.329358 4.848603 27.177961 0.000000 839.769021
A-2 579.502490 68.087954 3.259231 71.347185 0.000000 511.414536
A-3 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-4 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-5 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-6 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-7 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-8 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-9 1000.000000 0.000000 5.624188 5.624188 0.000000 1000.000000
A-10 994.555922 0.705969 5.593570 6.299539 0.000000 993.849953
A-11 980.460993 0.957447 0.000000 0.957447 0.000000 979.503546
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-1 994.555923 0.705969 5.593570 6.299539 0.000000 993.849954
M-2 994.555914 0.705966 5.593571 6.299537 0.000000 993.849948
M-3 994.555914 0.705966 5.593571 6.299537 0.000000 993.849948
B-1 994.555927 0.705967 5.593570 6.299537 0.000000 993.849960
B-2 994.555894 0.705966 5.593578 6.299544 0.000000 993.849928
B-3 994.555912 0.705976 5.593565 6.299541 0.000000 993.849920
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:38 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS10 (POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4313
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 29,896.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 30,183.52
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,977,258.33
(B) TWO MONTHLY PAYMENTS: 3 388,529.21
(C) THREE OR MORE MONTHLY PAYMENTS: 2 319,993.62
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 478,550.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 142,539,083.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,082
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 2,449,644.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.55474210 % 6.06656000 % 1.37869800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.42677990 % 6.17035997 % 1.40239380 %
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 8.09534553
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.80
POOL TRADING FACTOR: 88.59639370
................................................................................
Run: 03/31/99 13:06:39 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 64,349,906.25 6.750000 % 4,375,972.87
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 5.736880 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 9.788779 % 0.00
A-10 76110FVU2 7,590,000.00 7,378,659.71 6.750000 % 37,397.57
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 77,358.53 0.000000 % 68.10
A-14 76110FVZ3 0.00 0.00 0.947733 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,712,440.88 6.750000 % 10,185.33
M-2 76110FWC3 5,349,900.00 5,323,737.26 6.750000 % 4,629.61
M-3 76110FWD1 5,349,900.00 5,323,737.26 6.750000 % 4,629.61
B-1 76110FWE9 2,354,000.00 2,342,488.19 6.750000 % 2,037.07
B-2 76110FWF6 1,284,000.00 1,277,720.82 6.750000 % 1,111.13
B-3 76110FWG4 1,712,259.01 1,703,885.47 6.750000 % 1,481.73
- -------------------------------------------------------------------------------
427,987,988.79 392,989,934.37 4,437,513.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 361,839.27 4,737,812.14 0.00 0.00 59,973,933.38
A-2 241,788.84 241,788.84 0.00 0.00 43,000,000.00
A-3 337,379.77 337,379.77 0.00 0.00 60,000,000.00
A-4 151,820.90 151,820.90 0.00 0.00 27,000,000.00
A-5 295,207.30 295,207.30 0.00 0.00 52,500,000.00
A-6 205,239.36 205,239.36 0.00 0.00 36,500,000.00
A-7 140,574.90 140,574.90 0.00 0.00 25,000,000.00
A-8 49,725.81 49,725.81 0.00 0.00 10,405,000.00
A-9 28,287.65 28,287.65 0.00 0.00 3,469,000.00
A-10 41,490.17 78,887.74 0.00 0.00 7,341,262.14
A-11 42,172.47 42,172.47 0.00 0.00 7,500,000.00
A-12 158,152.39 158,152.39 0.00 0.00 28,126,000.00
A-13 0.00 68.10 0.00 0.00 77,290.43
A-14 310,264.09 310,264.09 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,859.01 76,044.34 0.00 0.00 11,702,255.55
M-2 29,935.35 34,564.96 0.00 0.00 5,319,107.65
M-3 29,935.35 34,564.96 0.00 0.00 5,319,107.65
B-1 13,171.81 15,208.88 0.00 0.00 2,340,451.12
B-2 7,184.62 8,295.75 0.00 0.00 1,276,609.69
B-3 9,580.95 11,062.68 0.00 0.00 1,702,403.74
- -------------------------------------------------------------------------------
2,519,610.01 6,957,123.03 0.00 0.00 388,552,421.35
===============================================================================
Run: 03/31/99 13:06:39
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-1 649.999053 44.201746 3.654942 47.856688 0.000000 605.797307
A-2 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-3 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-7 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-8 1000.000000 0.000000 4.779030 4.779030 0.000000 1000.000000
A-9 1000.000000 0.000000 8.154410 8.154410 0.000000 1000.000000
A-10 972.155430 4.927216 5.466426 10.393642 0.000000 967.228213
A-11 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-12 1000.000000 0.000000 5.622996 5.622996 0.000000 1000.000000
A-13 993.945120 0.874986 0.000000 0.874986 0.000000 993.070133
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-1 995.109675 0.865364 5.595498 6.460862 0.000000 994.244312
M-2 995.109677 0.865364 5.595497 6.460861 0.000000 994.244313
M-3 995.109677 0.865364 5.595497 6.460861 0.000000 994.244313
B-1 995.109681 0.865365 5.595501 6.460866 0.000000 994.244316
B-2 995.109673 0.865366 5.595498 6.460864 0.000000 994.244307
B-3 995.109653 0.865366 5.595503 6.460869 0.000000 994.244288
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:06:39 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS9 (POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4314
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 81,402.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,305.69
SUBSERVICER ADVANCES THIS MONTH 100,822.68
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 89 12,022,269.88
(B) TWO MONTHLY PAYMENTS: 7 1,086,880.85
(C) THREE OR MORE MONTHLY PAYMENTS: 2 195,551.03
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 732,904.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 388,552,421.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,952
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 4,095,761.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 56,418.33
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.95415530 % 5.69081200 % 1.35503290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.87986970 % 5.74966713 % 1.36931920 %
BANKRUPTCY AMOUNT AVAILABLE 183,581.00
FRAUD AMOUNT AVAILABLE 8,559,760.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,279,880.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02368394
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.90
POOL TRADING FACTOR: 90.78582379
................................................................................
Run: 03/31/99 13:07:01 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 80,799,199.15 6.750000 % 5,567,842.56
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 5.738750 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 10.000870 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 62,460.90 0.000000 % 82.91
A-11 76110FWT6 0.00 0.00 0.899716 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,135,564.73 6.750000 % 9,551.51
M-2 76110FWW9 6,000,000.00 5,971,254.08 6.750000 % 4,341.99
M-3 76110FWX7 4,799,500.00 4,776,505.66 6.750000 % 3,473.23
B-1 76110FWY5 2,639,600.00 2,626,953.72 6.750000 % 1,910.19
B-2 76110FWZ2 1,439,500.00 1,432,603.38 6.750000 % 1,041.72
B-3 76110FXA6 1,919,815.88 1,910,618.08 6.750000 % 1,389.29
- -------------------------------------------------------------------------------
479,943,188.77 448,481,159.70 5,589,633.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 454,340.08 6,022,182.64 0.00 0.00 75,231,356.59
A-2 269,722.11 269,722.11 0.00 0.00 47,967,000.00
A-3 379,675.75 379,675.75 0.00 0.00 67,521,000.00
A-4 170,637.88 170,637.88 0.00 0.00 30,346,000.00
A-5 256,468.52 256,468.52 0.00 0.00 45,610,000.00
A-6 160,977.43 160,977.43 0.00 0.00 28,628,000.00
A-7 77,537.47 77,537.47 0.00 0.00 16,219,000.00
A-8 42,039.28 42,039.28 0.00 0.00 5,046,000.00
A-9 542,227.64 542,227.64 0.00 0.00 96,429,000.00
A-10 0.00 82.91 0.00 0.00 62,377.99
A-11 336,139.63 336,139.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,862.28 83,413.79 0.00 0.00 13,126,013.22
M-2 33,576.81 37,918.80 0.00 0.00 5,966,912.09
M-3 26,858.65 30,331.88 0.00 0.00 4,773,032.43
B-1 14,771.56 16,681.75 0.00 0.00 2,625,043.53
B-2 8,055.63 9,097.35 0.00 0.00 1,431,561.66
B-3 10,743.55 12,132.84 0.00 0.00 1,909,228.79
- -------------------------------------------------------------------------------
2,857,634.27 8,447,267.67 0.00 0.00 442,891,526.30
===============================================================================
Run: 03/31/99 13:07:01
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-1 720.668580 49.661002 4.052375 53.713377 0.000000 671.007578
A-2 1000.000000 0.000000 5.623076 5.623076 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623077 5.623077 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623077 5.623077 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623077 5.623077 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623076 5.623076 0.000000 1000.000000
A-7 1000.000000 0.000000 4.780657 4.780657 0.000000 1000.000000
A-8 1000.000000 0.000000 8.331209 8.331209 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623076 5.623076 0.000000 1000.000000
A-10 993.447255 1.318692 0.000000 1.318692 0.000000 992.128563
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-1 995.209014 0.723665 5.596136 6.319801 0.000000 994.485349
M-2 995.209013 0.723665 5.596135 6.319800 0.000000 994.485348
M-3 995.209013 0.723665 5.596135 6.319800 0.000000 994.485349
B-1 995.209017 0.723666 5.596136 6.319802 0.000000 994.485350
B-2 995.209017 0.723668 5.596131 6.319799 0.000000 994.485349
B-3 995.209020 0.723658 5.596136 6.319794 0.000000 994.485362
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:07:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS11 (POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4319
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 92,766.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,490.87
SUBSERVICER ADVANCES THIS MONTH 105,725.80
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 93 11,391,525.53
(B) TWO MONTHLY PAYMENTS: 6 591,998.80
(C) THREE OR MORE MONTHLY PAYMENTS: 9 2,267,240.76
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 284,959.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 442,891,526.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,350
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 5,263,511.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.34249450 % 5.32612100 % 1.33138410 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.26336310 % 5.38866886 % 1.34720900 %
BANKRUPTCY AMOUNT AVAILABLE 158,980.00
FRAUD AMOUNT AVAILABLE 9,598,864.00
SPECIAL HAZARD AMOUNT AVAILABLE 48,007,788.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.97610002
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.86
POOL TRADING FACTOR: 92.27998994
................................................................................
Run: 03/31/99 13:09:40 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 188,037,444.00 179,675,069.87 7.000000 % 2,050,287.74
CB-2 76110FXP8 6,964,350.00 6,654,632.42 0.000000 % 75,936.59
NB-1 76110FXQ1 25,499,800.00 22,141,929.78 6.750000 % 862,822.50
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 13,495,692.29 6.400000 % 450,494.85
NB-8 76110FXX6 20,899,000.00 18,972,916.28 6.100000 % 494,887.91
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 57,248.88 0.000000 % 53.89
A-V 76110FYA5 0.00 0.00 0.850293 % 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 8,771,659.59 6.750000 % 6,332.96
M-2 76110FYE7 4,001,000.00 3,986,982.10 6.750000 % 2,878.52
M-3 76110FYF4 3,201,000.00 3,189,784.98 6.750000 % 2,302.96
B-1 76110FYG2 1,760,300.00 1,754,132.61 6.750000 % 1,266.45
B-2 76110FYH0 960,000.00 956,636.54 6.750000 % 690.67
B-3 76110FYJ6 1,280,602.22 1,276,115.54 6.750000 % 921.32
- -------------------------------------------------------------------------------
320,086,417.14 304,305,959.88 3,948,876.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,047,343.50 3,097,631.24 0.00 0.00 177,624,782.13
CB-2 0.00 75,936.59 0.00 0.00 6,578,695.83
NB-1 124,541.55 987,364.05 0.00 0.00 21,279,107.28
NB-2 41,752.10 41,752.10 0.00 0.00 7,423,000.00
NB-3 120,538.05 120,538.05 0.00 0.00 21,430,159.00
NB-4 22,611.26 22,611.26 0.00 0.00 4,020,000.00
NB-5 59,059.27 59,059.27 0.00 0.00 10,500,000.00
NB-6 3,936.02 3,936.02 0.00 0.00 0.00
NB-7 71,973.09 522,467.94 0.00 0.00 13,045,197.44
NB-8 96,440.39 591,328.30 0.00 0.00 18,478,028.37
NB-9 10,276.44 10,276.44 0.00 0.00 0.00
A-P 0.00 53.89 0.00 0.00 57,194.99
A-V 215,517.84 215,517.84 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 49,313.09 55,646.05 0.00 0.00 8,765,326.63
M-2 22,414.27 25,292.79 0.00 0.00 3,984,103.58
M-3 17,932.54 20,235.50 0.00 0.00 3,187,482.02
B-1 9,861.50 11,127.95 0.00 0.00 1,752,866.16
B-2 5,378.08 6,068.75 0.00 0.00 955,945.87
B-3 7,174.15 8,095.47 0.00 0.00 1,275,194.22
- -------------------------------------------------------------------------------
1,926,063.14 5,874,939.50 0.00 0.00 300,357,083.52
===============================================================================
Run: 03/31/99 13:09:40
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-1 955.528144 10.903614 5.569867 16.473481 0.000000 944.624530
CB-2 955.528143 10.903615 0.000000 10.903615 0.000000 944.624528
NB-1 868.317782 33.836442 4.884021 38.720463 0.000000 834.481340
NB-2 1000.000000 0.000000 5.624694 5.624694 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624692 5.624692 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624692 5.624692 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624692 5.624692 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 885.021463 29.542583 4.719856 34.262439 0.000000 855.478880
NB-8 907.838475 23.679980 4.614594 28.294574 0.000000 884.158494
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 985.997018 0.928158 0.000000 0.928158 0.000000 985.068860
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-1 996.496403 0.719450 5.602169 6.321619 0.000000 995.776953
M-2 996.496401 0.719450 5.602167 6.321617 0.000000 995.776951
M-3 996.496401 0.719450 5.602168 6.321618 0.000000 995.776951
B-1 996.496398 0.719451 5.602170 6.321621 0.000000 995.776947
B-2 996.496396 0.719448 5.602167 6.321615 0.000000 995.776948
B-3 996.496430 0.719443 5.602169 6.321612 0.000000 995.776984
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:41 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 62,862.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,531.17
SUBSERVICER ADVANCES THIS MONTH 69,428.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 6,930,005.08
(B) TWO MONTHLY PAYMENTS: 10 1,692,562.22
(C) THREE OR MORE MONTHLY PAYMENTS: 4 551,011.99
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 454,095.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 300,357,083.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,104
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 3,729,182.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.43011220 % 5.24091800 % 1.31015660 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.36632500 % 5.30598847 % 1.32667590 %
BANKRUPTCY AMOUNT AVAILABLE 171,854.00
FRAUD AMOUNT AVAILABLE 6,401,728.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,200,864.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.92468900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.72
POOL TRADING FACTOR: 93.83624779
................................................................................
Run: 03/31/99 13:09:44 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 112,514,000.00 108,005,416.08 6.500000 % 1,005,888.78
NB 37,758,000.00 36,514,423.69 6.500000 % 2,456,208.23
A-P 53,454.22 52,473.83 0.000000 % 197.77
A-V 0.00 0.00 0.850804 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 4,018,462.65 6.500000 % 13,011.97
M-2 706,500.00 695,332.81 6.500000 % 2,251.52
M-3 628,000.00 618,073.61 6.500000 % 2,001.35
B-1 471,000.00 463,555.21 6.500000 % 1,501.01
B-2 314,000.00 309,036.81 6.500000 % 1,000.68
B-3 471,221.05 463,772.77 6.500000 % 1,501.72
- -------------------------------------------------------------------------------
156,999,275.27 151,140,547.46 3,483,563.03
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 584,632.66 1,590,521.44 0.00 0.00 106,999,527.30
NB 197,652.35 2,653,860.58 0.00 0.00 34,058,215.46
A-P 0.00 197.77 0.00 0.00 52,276.06
A-V 107,086.50 107,086.50 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,751.91 34,763.88 0.00 0.00 4,005,450.68
M-2 3,763.84 6,015.36 0.00 0.00 693,081.29
M-3 3,345.63 5,346.98 0.00 0.00 616,072.26
B-1 2,509.22 4,010.23 0.00 0.00 462,054.20
B-2 1,672.81 2,673.49 0.00 0.00 308,036.13
B-3 2,510.40 4,012.12 0.00 0.00 462,271.04
- -------------------------------------------------------------------------------
924,925.32 4,408,488.35 0.00 0.00 147,656,984.42
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 959.928685 8.940121 5.196088 14.136209 0.000000 950.988564
NB 967.064561 65.051333 5.234714 70.286047 0.000000 902.013228
A-P 981.659259 3.699854 0.000000 3.699854 0.000000 977.959405
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-1 984.193644 3.186865 5.327433 8.514298 0.000000 981.006779
M-2 984.193645 3.186865 5.327445 8.514310 0.000000 981.006780
M-3 984.193646 3.186863 5.327436 8.514299 0.000000 981.006783
B-1 984.193652 3.186858 5.327431 8.514289 0.000000 981.006794
B-2 984.193662 3.186879 5.327420 8.514299 0.000000 981.006783
B-3 984.193660 3.186870 5.327436 8.514306 0.000000 981.006775
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:44 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 31,195.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,464.05
SUBSERVICER ADVANCES THIS MONTH 33,561.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,272,777.13
(B) TWO MONTHLY PAYMENTS: 2 267,304.33
(C) THREE OR MORE MONTHLY PAYMENTS: 1 51,330.11
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 147,656,984.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,374
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 2,994,180.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.65271190 % 3.52775600 % 0.81802320 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.56452790 % 3.59929078 % 0.83490650 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,569,993.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,620,356.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.67611700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.09
POOL TRADING FACTOR: 94.04946881
................................................................................
Run: 03/31/99 13:07:27 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 90,227,754.16 6.500000 % 2,293,191.91
A-3 76110FYM9 46,000,000.00 42,362,609.58 6.250000 % 1,076,670.92
A-4 76110FYN7 37,995,000.00 34,990,594.58 8.000000 % 889,306.78
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 91,862.80 0.000000 % 92.57
A-V 76110FYS6 0.00 0.00 0.835124 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,359,139.77 6.750000 % 8,905.30
M-2 76110FYV9 5,563,000.00 5,540,201.02 6.750000 % 3,991.96
M-3 76110FYW7 4,279,000.00 4,261,463.26 6.750000 % 3,070.57
B-1 76110FYX5 2,567,500.00 2,556,977.56 6.750000 % 1,842.41
B-2 76110FYY3 1,283,800.00 1,278,538.57 6.750000 % 921.24
B-3 76110FYZ0 1,711,695.86 1,704,680.77 6.750000 % 1,228.31
- -------------------------------------------------------------------------------
427,918,417.16 413,411,822.07 4,279,221.97
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 586,040.03 586,040.03 0.00 0.00 104,208,000.00
A-2 488,625.30 2,781,817.21 0.00 0.00 87,934,562.25
A-3 220,589.67 1,297,260.59 0.00 0.00 41,285,938.66
A-4 233,218.91 1,122,525.69 0.00 0.00 34,101,287.80
A-5 144,862.25 144,862.25 0.00 0.00 25,759,000.00
A-6 495,289.54 495,289.54 0.00 0.00 88,071,000.00
A-P 0.00 92.57 0.00 0.00 91,770.23
A-V 287,644.49 287,644.49 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,504.75 78,410.05 0.00 0.00 12,350,234.47
M-2 31,156.72 35,148.68 0.00 0.00 5,536,209.06
M-3 23,965.42 27,035.99 0.00 0.00 4,258,392.69
B-1 14,379.81 16,222.22 0.00 0.00 2,555,135.15
B-2 7,190.19 8,111.43 0.00 0.00 1,277,617.33
B-3 9,586.70 10,815.01 0.00 0.00 1,703,452.46
- -------------------------------------------------------------------------------
2,612,053.78 6,891,275.75 0.00 0.00 409,132,600.10
===============================================================================
_______________________________________________________________________________
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 5.623753 5.623753 0.000000 1000.000000
A-2 920.926299 23.405888 4.987245 28.393133 0.000000 897.520411
A-3 920.926295 23.405890 4.795428 28.201318 0.000000 897.520406
A-4 920.926295 23.405890 6.138147 29.544037 0.000000 897.520405
A-5 1000.000000 0.000000 5.623753 5.623753 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623753 5.623753 0.000000 1000.000000
A-P 963.717448 0.971137 0.000000 0.971137 0.000000 962.746312
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-1 995.901674 0.717591 5.600705 6.318296 0.000000 995.184083
M-2 995.901675 0.717591 5.600705 6.318296 0.000000 995.184084
M-3 995.901673 0.717591 5.600706 6.318297 0.000000 995.184083
B-1 995.901679 0.717589 5.600705 6.318294 0.000000 995.184090
B-2 995.901675 0.717588 5.600709 6.318297 0.000000 995.184086
B-3 995.901673 0.717592 5.600703 6.318295 0.000000 995.184072
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:07:27 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS14 (POOL # 4335)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4335
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 85,614.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,925.36
SUBSERVICER ADVANCES THIS MONTH 57,647.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 61 6,636,727.67
(B) TWO MONTHLY PAYMENTS: 5 601,668.89
(C) THREE OR MORE MONTHLY PAYMENTS: 1 547,243.25
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 151,110.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 409,132,600.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,105
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 3,981,325.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.29792810 % 5.36165800 % 1.34041360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.23269480 % 5.41263058 % 1.35346020 %
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 7.90999614
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.54
POOL TRADING FACTOR: 95.60995360
................................................................................
Run: 03/31/99 13:09:46 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 250,018,000.00 243,752,157.98 6.500000 % 2,996,327.67
NB 150,029,000.00 146,803,123.48 6.500000 % 3,387,740.27
A-V 0.00 0.00 1.024671 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,594,450.78 6.500000 % 10,632.49
M-2 5,377,000.00 5,365,401.46 6.500000 % 3,908.85
M-3 4,517,000.00 4,507,256.54 6.500000 % 3,283.67
B-1 2,581,000.00 2,575,432.62 6.500000 % 1,876.28
B-2 1,290,500.00 1,287,716.31 6.500000 % 938.14
B-3 1,720,903.67 1,717,191.58 6.500000 % 1,251.03
- -------------------------------------------------------------------------------
430,159,503.67 420,602,730.75 6,405,958.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,319,949.79 4,316,277.46 0.00 0.00 240,755,830.31
NB 794,931.80 4,182,672.07 0.00 0.00 143,415,383.21
A-V 359,043.29 359,043.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 79,025.91 89,658.40 0.00 0.00 14,583,818.29
M-2 29,052.53 32,961.38 0.00 0.00 5,361,492.61
M-3 24,405.86 27,689.53 0.00 0.00 4,503,972.87
B-1 13,945.43 15,821.71 0.00 0.00 2,573,556.34
B-2 6,972.72 7,910.86 0.00 0.00 1,286,778.17
B-3 9,298.23 10,549.26 0.00 0.00 1,715,940.55
- -------------------------------------------------------------------------------
2,636,625.56 9,042,583.96 0.00 0.00 414,196,772.35
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 974.938436 11.984448 5.279419 17.263867 0.000000 962.953989
NB 978.498314 22.580570 5.298521 27.879091 0.000000 955.917744
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-1 997.842936 0.726958 5.403112 6.130070 0.000000 997.115978
M-2 997.842935 0.726957 5.403111 6.130068 0.000000 997.115977
M-3 997.842936 0.726958 5.403113 6.130071 0.000000 997.115977
B-1 997.842937 0.726959 5.403111 6.130070 0.000000 997.115978
B-2 997.842937 0.726959 5.403115 6.130074 0.000000 997.115978
B-3 997.842941 0.726961 5.403109 6.130070 0.000000 997.115980
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:46 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 86,970.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 99,808.39
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 77 12,103,078.48
(B) TWO MONTHLY PAYMENTS: 6 820,365.97
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,038,080.28
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 414,196,772.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,943
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 6,099,524.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.85609740 % 5.81715400 % 1.32674850 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.75089500 % 5.90281852 % 1.34628650 %
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 7.82259400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.13
POOL TRADING FACTOR: 96.28911341
................................................................................
Run: 03/31/99 13:07:29 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 109,739,000.00 106,524,682.55 6.500000 % 615,576.33
A-P 76110FZB2 32,286.88 31,958.91 0.000000 % 111.47
A-V 76110FZC0 0.00 0.00 0.758882 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,245,253.51 6.500000 % 10,458.10
M-2 76110FZF3 517,300.00 512,444.95 6.500000 % 1,651.40
M-3 76110FZG1 459,700.00 455,385.55 6.500000 % 1,467.52
B-1 76110FZH9 344,800.00 341,563.92 6.500000 % 1,100.72
B-2 76110FZJ5 229,800.00 227,643.24 6.500000 % 733.60
B-3 76110FZK2 344,884.43 341,647.56 6.500000 % 1,100.98
- -------------------------------------------------------------------------------
114,943,871.31 111,680,580.19 632,200.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 576,714.74 1,192,291.07 0.00 0.00 105,909,106.22
A-P 0.00 111.47 0.00 0.00 31,847.44
A-V 70,590.98 70,590.98 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,569.50 28,027.60 0.00 0.00 3,234,795.41
M-2 2,774.33 4,425.73 0.00 0.00 510,793.55
M-3 2,465.41 3,932.93 0.00 0.00 453,918.03
B-1 1,849.20 2,949.92 0.00 0.00 340,463.20
B-2 1,232.44 1,966.04 0.00 0.00 226,909.64
B-3 1,849.65 2,950.63 0.00 0.00 340,546.58
- -------------------------------------------------------------------------------
675,046.25 1,307,246.37 0.00 0.00 111,048,380.07
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 970.709434 5.609458 5.255331 10.864789 0.000000 965.099976
A-P 989.842004 3.452486 0.000000 3.452486 0.000000 986.389518
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-1 990.614625 3.192338 5.363095 8.555433 0.000000 987.422286
M-2 990.614634 3.192345 5.363097 8.555442 0.000000 987.422289
M-3 990.614640 3.192343 5.363085 8.555428 0.000000 987.422297
B-1 990.614617 3.192343 5.363109 8.555452 0.000000 987.422274
B-2 990.614621 3.192341 5.363098 8.555439 0.000000 987.422280
B-3 990.614624 3.192345 5.363101 8.555446 0.000000 987.422308
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:07:30 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,234.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,040.92
SUBSERVICER ADVANCES THIS MONTH 18,894.32
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,719,814.89
(B) TWO MONTHLY PAYMENTS: 1 64,415.86
(C) THREE OR MORE MONTHLY PAYMENTS: 2 274,934.46
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 111,048,380.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,182
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 272,294.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.41065650 % 3.77352100 % 0.81582260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.39940020 % 3.78169136 % 0.81782360 %
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 7.58520477
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 171.66
POOL TRADING FACTOR: 96.61096221
................................................................................
Run: 03/31/99 13:09:48 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 11,164,388.45 6.500000 % 751,619.43
A-2 76110FZY2 100,000,000.00 97,142,619.99 6.500000 % 2,271,188.77
A-3 76110FZZ9 33,937,000.00 33,088,766.47 6.500000 % 674,218.50
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 200,070,000.00 197,892,671.43 6.500000 % 1,537,493.54
NB-1 76110FA78 73,215,000.00 72,744,852.15 6.500000 % 346,034.48
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 60,117.94 0.000000 % 62.32
A-V 76110FB77 0.00 0.00 0.977898 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,178,836.63 6.500000 % 13,976.31
M-2 76110FC27 7,062,000.00 7,051,644.93 6.500000 % 5,138.79
M-3 76110FC35 5,932,000.00 5,923,301.87 6.500000 % 4,316.52
B-1 76110FC43 3,389,000.00 3,384,030.68 6.500000 % 2,466.06
B-2 76110FC50 1,694,000.00 1,691,516.07 6.500000 % 1,232.67
B-3 76110FC68 2,259,938.31 2,256,747.42 6.500000 % 1,644.57
- -------------------------------------------------------------------------------
564,904,279.15 557,547,494.03 5,609,391.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 60,464.35 812,083.78 0.00 0.00 10,412,769.02
A-2 526,107.20 2,797,295.97 0.00 0.00 94,871,431.22
A-3 179,202.89 853,421.39 0.00 0.00 32,414,547.97
A-4 135,395.57 135,395.57 0.00 0.00 25,000,000.00
A-5 77,559.99 77,559.99 0.00 0.00 14,321,000.00
A-6 3,915.64 3,915.64 0.00 0.00 723,000.00
A-7 81,237.34 81,237.34 0.00 0.00 15,000,000.00
A-8 129,979.74 129,979.74 0.00 0.00 24,000,000.00
CB 1,071,613.26 2,609,106.80 0.00 0.00 196,355,177.89
NB-1 394,002.27 740,036.75 0.00 0.00 72,398,817.67
NB-2 10,832.44 10,832.44 0.00 0.00 2,000,000.00
NB-3 25,591.65 25,591.65 0.00 0.00 4,725,000.00
NB-4 25,645.81 25,645.81 0.00 0.00 4,735,000.00
NB-5 15,165.42 15,165.42 0.00 0.00 2,800,000.00
NB-6 14,428.82 14,428.82 0.00 0.00 2,664,000.00
NB-7 54,162.22 54,162.22 0.00 0.00 10,000,000.00
A-P 0.00 62.32 0.00 0.00 60,055.62
A-V 454,266.98 454,266.98 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,862.30 117,838.61 0.00 0.00 19,164,860.32
M-2 38,187.93 43,326.72 0.00 0.00 7,046,506.14
M-3 32,077.42 36,393.94 0.00 0.00 5,918,985.35
B-1 18,326.10 20,792.16 0.00 0.00 3,381,564.62
B-2 9,160.34 10,393.01 0.00 0.00 1,690,283.40
B-3 12,221.33 13,865.90 0.00 0.00 2,255,102.87
- -------------------------------------------------------------------------------
3,473,407.01 9,082,798.97 0.00 0.00 551,938,102.09
===============================================================================
Run: 03/31/99 13:09:48
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-1 921.914818 62.066014 4.992927 67.058941 0.000000 859.848804
A-2 971.426200 22.711888 5.261072 27.972960 0.000000 948.714312
A-3 975.005642 19.866768 5.280458 25.147226 0.000000 955.138874
A-4 1000.000000 0.000000 5.415823 5.415823 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415822 5.415822 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415823 5.415823 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415823 5.415823 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415823 5.415823 0.000000 1000.000000
CB 989.117166 7.684778 5.356192 13.040970 0.000000 981.432388
NB-1 993.578531 4.726278 5.381442 10.107720 0.000000 988.852253
NB-2 1000.000000 0.000000 5.416220 5.416220 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416222 5.416222 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.416223 5.416223 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.416223 5.416223 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.416222 5.416222 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.416222 5.416222 0.000000 1000.000000
A-P 997.959856 1.034583 0.000000 1.034583 0.000000 996.925273
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-1 998.533692 0.727668 5.407523 6.135191 0.000000 997.806025
M-2 998.533692 0.727668 5.407523 6.135191 0.000000 997.806024
M-3 998.533694 0.727667 5.407522 6.135189 0.000000 997.806027
B-1 998.533691 0.727666 5.407524 6.135190 0.000000 997.806025
B-2 998.533689 0.727668 5.407524 6.135192 0.000000 997.806021
B-3 998.588063 0.727706 5.407818 6.135524 0.000000 997.860368
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:09:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 115,866.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 19,434.66
SUBSERVICER ADVANCES THIS MONTH 94,884.87
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 81 10,540,511.52
(B) TWO MONTHLY PAYMENTS: 17 2,617,911.50
(C) THREE OR MORE MONTHLY PAYMENTS: 1 130,342.87
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 551,938,102.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,104
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 5,203,696.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.90711630 % 5.76700300 % 1.31509770 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.84025540 % 5.82136868 % 1.32749500 %
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 7.80586200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.09
POOL TRADING FACTOR: 97.70471254
................................................................................
Run: 03/31/99 13:08:03 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 47,736,658.35 6.500000 % 2,948,355.93
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,984,175.65 6.500000 % 17,637.88
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 16,384.45 0.000000 % 15.89
A-V 76110FD75 0.00 0.00 1.087807 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,134,640.33 6.500000 % 6,448.71
M-2 76110FE25 3,360,700.00 3,358,361.86 6.500000 % 2,370.88
M-3 76110FE33 2,823,000.00 2,821,035.95 6.500000 % 1,991.54
B-1 76110FE41 1,613,200.00 1,612,077.65 6.500000 % 1,138.07
B-2 76110FE58 806,600.00 806,038.82 6.500000 % 569.03
B-3 76110FE66 1,075,021.18 1,074,273.25 6.500000 % 758.40
- -------------------------------------------------------------------------------
268,851,631.00 267,034,676.31 2,979,286.33
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 258,304.42 3,206,660.35 0.00 0.00 44,788,302.42
A-2 135,275.71 135,275.71 0.00 0.00 25,000,000.00
A-3 135,190.08 152,827.96 0.00 0.00 24,966,537.77
A-4 13,394.15 13,394.15 0.00 0.00 2,475,344.00
A-5 75,889.83 75,889.83 0.00 0.00 14,025,030.00
A-6 725,027.24 725,027.24 0.00 0.00 133,990,656.00
A-P 0.00 15.89 0.00 0.00 16,368.56
A-V 241,816.58 241,816.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,427.80 55,876.51 0.00 0.00 9,128,191.62
M-2 18,172.19 20,543.07 0.00 0.00 3,355,990.98
M-3 15,264.70 17,256.24 0.00 0.00 2,819,044.41
B-1 8,723.00 9,861.07 0.00 0.00 1,610,939.58
B-2 4,361.50 4,930.53 0.00 0.00 805,469.79
B-3 5,812.92 6,571.32 0.00 0.00 1,073,514.85
- -------------------------------------------------------------------------------
1,686,660.12 4,665,946.45 0.00 0.00 264,055,389.98
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 963.929050 59.535083 5.215848 64.750931 0.000000 904.393967
A-2 1000.000000 0.000000 5.411028 5.411028 0.000000 1000.000000
A-3 999.304270 0.705471 5.407264 6.112735 0.000000 998.598799
A-4 1000.000000 0.000000 5.411026 5.411026 0.000000 1000.000000
A-5 1000.000000 0.000000 5.411028 5.411028 0.000000 1000.000000
A-6 1000.000000 0.000000 5.411028 5.411028 0.000000 1000.000000
A-P 998.453975 0.968323 0.000000 0.968323 0.000000 997.485652
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-1 999.304270 0.705471 5.407264 6.112735 0.000000 998.598799
M-2 999.304270 0.705472 5.407263 6.112735 0.000000 998.598798
M-3 999.304269 0.705469 5.407262 6.112731 0.000000 998.598799
B-1 999.304271 0.705474 5.407265 6.112739 0.000000 998.598797
B-2 999.304265 0.705467 5.407265 6.112732 0.000000 998.598797
B-3 999.304265 0.705474 5.407261 6.112735 0.000000 998.598790
_______________________________________________________________________________
DETERMINATION DATE 22-March-99
DISTRIBUTION DATE 25-March-99
Run: 03/31/99 13:08:04 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES 1999-QS1 (POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4355
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 55,244.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,124.95
SUBSERVICER ADVANCES THIS MONTH 101,562.40
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 88 13,134,654.42
(B) TWO MONTHLY PAYMENTS: 5 870,294.99
(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 264,055,389.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,925
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 2,790,766.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.95687660 % 5.73520200 % 1.30792150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.88243410 % 5.79546095 % 1.32174560 %
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 7.91515562
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.44
POOL TRADING FACTOR: 98.21602681
................................................................................
Run: 03/31/99 13:08:15 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 18,049,000.00 6.500000 % 714,907.42
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 135,727,000.00 6.500000 % 858,092.48
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 35,672.56 0.000000 % 32.60
A-V 76110FF81 0.00 0.00 1.057927 % 0.00
R 76110FF99 100.00 100.00 6.500000 % 100.00
M-1 76110FG23 10,297,000.00 10,297,000.00 6.500000 % 7,332.98
M-2 76110FG31 3,861,100.00 3,861,100.00 6.500000 % 2,749.67
M-3 76110FG49 3,378,500.00 3,378,500.00 6.500000 % 2,405.99
B-1 76110FG56 1,930,600.00 1,930,600.00 6.500000 % 1,374.87
B-2 76110FG64 965,300.00 965,300.00 6.500000 % 687.44
B-3 76110FG72 1,287,113.52 1,287,113.52 6.500000 % 916.60
- -------------------------------------------------------------------------------
321,757,386.08 321,757,386.08 1,588,600.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 97,650.27 812,557.69 0.00 0.00 17,334,092.58
A-2 514,139.53 514,139.53 0.00 0.00 95,030,000.00
A-3 734,321.97 1,592,414.45 0.00 0.00 134,868,907.52
A-4 20,548.27 20,548.27 0.00 0.00 3,798,000.00
A-5 28,236.28 28,236.28 0.00 0.00 5,219,000.00
A-6 4,994.11 4,994.11 0.00 0.00 1,000,000.00
A-7 5,826.46 5,826.46 0.00 0.00 1,000,000.00
A-8 43,298.52 43,298.52 0.00 0.00 8,003,000.00
A-9 174,081.38 174,081.38 0.00 0.00 32,176,000.00
A-P 0.00 32.60 0.00 0.00 35,639.96
A-V 283,329.05 283,329.05 0.00 0.00 0.00
R 0.54 100.54 0.00 0.00 0.00
M-1 55,709.72 63,042.70 0.00 0.00 10,289,667.02
M-2 20,889.66 23,639.33 0.00 0.00 3,858,350.33
M-3 18,278.65 20,684.64 0.00 0.00 3,376,094.01
B-1 10,445.10 11,819.97 0.00 0.00 1,929,225.13
B-2 5,222.55 5,909.99 0.00 0.00 964,612.56
B-3 6,963.65 7,880.25 0.00 0.00 1,286,196.92
- -------------------------------------------------------------------------------
2,023,935.71 3,612,535.76 0.00 0.00 320,168,786.03
===============================================================================
Run: 03/31/99 13:08:15
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 1000.000000 39.609254 5.410287 45.019541 0.000000 960.390746
A-2 1000.000000 0.000000 5.410287 5.410287 0.000000 1000.000000
A-3 1000.000000 6.322194 5.410287 11.732481 0.000000 993.677806
A-4 1000.000000 0.000000 5.410287 5.410287 0.000000 1000.000000
A-5 1000.000000 0.000000 5.410285 5.410285 0.000000 1000.000000
A-6 1000.000000 0.000000 4.994110 4.994110 0.000000 1000.000000
A-7 1000.000000 0.000000 5.826460 5.826460 0.000000 1000.000000
A-8 1000.000000 0.000000 5.410286 5.410286 0.000000 1000.000000
A-9 1000.000000 0.000000 5.410287 5.410287 0.000000 1000.000000
A-P 1000.000000 0.913868 0.000000 0.913868 0.000000 999.086132
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 5.400000 1005.400000 0.000000 0.000000
M-1 1000.000000 0.712147 5.410286 6.122433 0.000000 999.287853
M-2 1000.000000 0.712147 5.410287 6.122434 0.000000 999.287853
M-3 1000.000000 0.712147 5.410286 6.122433 0.000000 999.287853
B-1 1000.000000 0.712146 5.410287 6.122433 0.000000 999.287854
B-2 1000.000000 0.712152 5.410287 6.122439 0.000000 999.287848
B-3 1000.000000 0.712144 5.410284 6.122428 0.000000 999.287863
_______________________________________________________________________________
DETERMINATION DATE 22-Mar-99
DISTRIBUTION DATE 25-Mar-99
Run: 03/31/99 13:08:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1999-QS2 (POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4362
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 66,883.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 21,474.69
SUBSERVICER ADVANCES THIS MONTH 34,062.62
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 4,669,981.86
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 320,168,786.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,343
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 1,359,454.41
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.24894390 % 5.45086000 % 1.30019620 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.22027530 % 5.47339782 % 1.30571750 %
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 7.88590084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.83
POOL TRADING FACTOR: 99.50627394
................................................................................
