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)
April 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 April, 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
1999-QS3 RALI
<PAGE>
1999-QS4 RALI
- ->
Item 7. Financial Statements and Exhibits (a) Not applicable (b) Not applicable
(c) See Item 5.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated: April 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: April 25, 1999
<PAGE>
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 45,411,982.21 7.500000 % 3,615,332.73
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 1,844,422.42 0.000000 % 36,045.14
- -------------------------------------------------------------------------------
258,459,514.42 100,465,404.63 3,651,377.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 283,824.89 3,899,157.62 0.00 0.00 41,796,649.48
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 123,538.45 159,583.59 0.00 0.00 1,808,377.28
- -------------------------------------------------------------------------------
739,919.59 4,391,297.46 0.00 0.00 96,814,026.76
===============================================================================
_______________________________________________________________________________
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-4 987.217005 78.594190 6.170106 84.764296 0.000000 908.622815
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 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:47:21 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 20,230.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 383.82
SUBSERVICER ADVANCES THIS MONTH 67,145.84
MASTER SERVICER ADVANCES THIS MONTH 14,832.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 4,301,756.09
(B) TWO MONTHLY PAYMENTS: 6 516,320.23
(C) THREE OR MORE MONTHLY PAYMENTS: 8 835,772.56
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,972,387.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 96,814,026.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,189
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 1,768,019.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,523,651.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16412180 % 1.83587820 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.13211230 % 1.86788770 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.33836679
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.56
POOL TRADING FACTOR: 37.45810131
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 1,860,207.61 6.750000 % 1,860,207.61
A-I-4 76110FAK9 31,852,000.00 31,852,000.00 6.900000 % 1,953,951.22
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 9,193,172.49 5.340000 % 529,814.33
R 0.53 1,606,578.48 0.000000 % 4,269.26
- -------------------------------------------------------------------------------
255,942,104.53 97,464,094.58 4,348,242.42
===============================================================================
_______________________________________________________________________________
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 10,463.67 1,870,671.28 0.00 0.00 0.00
A-I-4 183,149.00 2,137,100.22 0.00 0.00 29,898,048.78
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 42,273.27 572,087.60 0.00 0.00 8,663,358.16
R 0.00 4,269.26 0.00 0.00 1,478,421.06
- -------------------------------------------------------------------------------
544,215.94 4,892,458.36 0.00 0.00 92,991,964.00
===============================================================================
_______________________________________________________________________________
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 82.448702 82.448702 0.463774 82.912476 0.000000 0.000000
A-I-4 1000.000000 61.344695 5.750000 67.094695 0.000000 938.655305
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 312.959404 18.036252 1.439092 19.475344 0.000000 294.923152
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:59:42 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 20,615.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 50,896.62
MASTER SERVICER ADVANCES THIS MONTH 3,670.06
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,935,413.26
(B) TWO MONTHLY PAYMENTS: 10 1,502,658.88
(C) THREE OR MORE MONTHLY PAYMENTS: 3 229,921.96
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,696,115.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 92,991,964.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 940
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 468,287.09
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,756,305.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.35162020 % 1.64837980 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.41016260 % 1.58983740 %
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 8.97233500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 293.79
POOL TRADING FACTOR: 36.33320284
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 5,183,529.42 7.050000 % 3,205,127.65
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 178,007.00 104,434.14 0.000000 % 140.42
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 89,340,488.74 3,205,268.07
===============================================================================
_______________________________________________________________________________
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 30,453.24 3,235,580.89 0.00 0.00 1,978,401.77
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 0.00 140.42 0.00 0.00 104,293.72
R 25,960.26 25,960.26 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
562,788.98 3,768,057.05 0.00 0.00 86,135,220.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 345.568628 213.675177 2.030216 215.705393 0.000000 131.893451
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-10 586.685580 0.788845 0.000000 0.788845 0.000000 585.896734
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:48:37 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 18,259.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 62,446.60
MASTER SERVICER ADVANCES THIS MONTH 2,495.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 4,057,055.04
(B) TWO MONTHLY PAYMENTS: 7 963,265.46
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,153,266.18
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,510,708.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 86,135,220.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 933
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 321,033.50
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,671,810.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.96384120 % 2.03615880 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.88807160 % 2.11192840 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.82058023
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 299.08
POOL TRADING FACTOR: 47.35009029
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 17,362,333.03 7.750000 % 4,450,788.15
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 10,392,224.60 7.750000 % 1,151,793.66
A-P 76110FBQ5 1,166,695.86 841,424.02 0.000000 % 44,811.06
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 12,117,605.47 7.750000 % 26,750.99
M-2 76110FBU6 5,568,000.00 5,385,387.48 7.750000 % 11,888.86
M-3 76110FBV4 4,176,000.00 4,039,040.61 7.750000 % 8,916.64
B-1 1,809,600.00 1,750,250.91 7.750000 % 3,863.88
B-2 696,000.00 673,173.43 7.750000 % 1,486.11
B-3 1,670,738.96 1,448,507.43 7.750000 % 3,197.75
A-V 76110FHY2 0.00 0.00 0.692634 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 139,513,508.98 5,703,497.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 111,316.45 4,562,104.60 0.00 0.00 12,911,544.88
A-I-7 51,592.35 51,592.35 0.00 0.00 8,047,000.00
A-I-8 111,788.76 111,788.76 0.00 0.00 17,436,000.00
A-I-9 161,214.06 161,214.06 0.00 0.00 25,145,000.00
A-I-10 121,816.15 121,816.15 0.00 0.00 19,000,000.00
A-I-11 101,784.20 101,784.20 0.00 0.00 15,875,562.00
A-II 66,628.46 1,218,422.12 0.00 0.00 9,240,430.94
A-P 0.00 44,811.06 0.00 0.00 796,612.96
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 77,690.53 104,441.52 0.00 0.00 12,090,854.48
M-2 34,527.75 46,416.61 0.00 0.00 5,373,498.62
M-3 25,895.81 34,812.45 0.00 0.00 4,030,123.97
B-1 11,221.51 15,085.39 0.00 0.00 1,746,387.03
B-2 4,315.97 5,802.08 0.00 0.00 671,687.32
B-3 9,286.92 12,484.67 0.00 0.00 1,445,309.68
A-V 79,941.05 79,941.05 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
969,019.97 6,672,517.07 0.00 0.00 133,810,011.88
===============================================================================
Run: 04/28/99 10:59:50
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 800.255025 205.143259 5.130736 210.273995 0.000000 595.111766
A-I-7 1000.000000 0.000000 6.411377 6.411377 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.411376 6.411376 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.411376 6.411376 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.411376 6.411376 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.411376 6.411376 0.000000 1000.000000
A-II 505.668976 56.044432 3.242034 59.286466 0.000000 449.624544
A-P 721.202542 38.408518 0.000000 38.408518 0.000000 682.794024
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-1 967.203214 2.135211 6.201104 8.336315 0.000000 965.068003
M-2 967.203211 2.135212 6.201105 8.336317 0.000000 965.067999
M-3 967.203211 2.135211 6.201104 8.336315 0.000000 965.068001
B-1 967.203200 2.135212 6.201100 8.336312 0.000000 965.067987
B-2 967.203204 2.135216 6.201106 8.336322 0.000000 965.067989
B-3 866.986085 1.913973 5.558570 7.472543 0.000000 865.072111
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:59:53 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 28,541.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 46,921.66
MASTER SERVICER ADVANCES THIS MONTH 2,600.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,356,831.88
(B) TWO MONTHLY PAYMENTS: 6 921,102.14
(C) THREE OR MORE MONTHLY PAYMENTS: 8 845,975.89
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 749,772.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 133,810,011.88
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,402
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 322,725.63
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,519,527.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.67333730 % 15.44082300 % 2.77530960 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 80.93585960 % 16.06342961 % 2.90450740 %
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 8.72779200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 299.58
POOL TRADING FACTOR: 48.06312363
................................................................................
Run: 04/28/99 10:59:56 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBW2 45,914,000.00 0.00 6.850000 % 0.00
A-I-2 76110FBX0 26,945,000.00 0.00 11.000000 % 0.00
A-I-3 76110FBY8 15,646,000.00 0.00 7.300000 % 0.00
A-I-4 76110FBZ5 32,740,000.00 0.00 7.500000 % 0.00
A-I-5 76110FCA9 10,023,000.00 0.00 7.700000 % 0.00
A-I-6 76110FCB7 26,811,000.00 26,416,515.91 8.000000 % 3,596,705.08
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 3,757,534.30 7.250000 % 567,413.88
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,933,325.52 0.000000 % 63,980.78
A-V-1 0.00 0.00 0.940015 % 0.00
A-V-2 0.00 0.00 0.376806 % 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 12,798,900.24 8.000000 % 21,873.61
M-2 76110FCN1 5,570,800.00 5,389,071.71 8.000000 % 9,210.05
M-3 76110FCP6 4,456,600.00 4,311,218.68 8.000000 % 7,367.97
B-1 76110FCR2 2,228,400.00 2,155,706.09 8.000000 % 3,684.15
B-2 76110FCS0 696,400.00 675,020.46 8.000000 % 1,153.63
B-3 76110FCT8 1,671,255.97 1,037,148.19 8.000000 % 1,772.51
STRIP 0.00 0.00 0.215043 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 132,016,441.10 4,273,161.66
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 175,342.48 3,772,047.56 0.00 0.00 22,819,810.83
A-I-7 119,782.28 119,782.28 0.00 0.00 18,046,000.00
A-I-8 60,362.41 60,362.41 0.00 0.00 9,094,000.00
A-I-9 68,261.16 68,261.16 0.00 0.00 10,284,000.00
A-I-10 180,501.62 180,501.62 0.00 0.00 27,538,000.00
A-II-1 22,602.82 590,016.70 0.00 0.00 3,190,120.42
A-II-2 54,459.08 54,459.08 0.00 0.00 8,580,000.00
A-P 0.00 63,980.78 0.00 0.00 1,869,344.74
A-V-1 70,083.86 70,083.86 0.00 0.00 0.00
A-V-2 13,179.93 13,179.93 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 84,954.08 106,827.69 0.00 0.00 12,777,026.63
M-2 35,770.54 44,980.59 0.00 0.00 5,379,861.66
M-3 28,616.18 35,984.15 0.00 0.00 4,303,850.71
B-1 14,308.73 17,992.88 0.00 0.00 2,152,021.94
B-2 4,480.52 5,634.15 0.00 0.00 673,866.83
B-3 6,884.18 8,656.69 0.00 0.00 1,035,375.69
STRIP 7,114.64 7,114.64 0.00 0.00 0.00
- -------------------------------------------------------------------------------
946,704.51 5,219,866.17 0.00 0.00 127,743,279.45
===============================================================================
Run: 04/28/99 10:59:56
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 985.286484 134.150352 6.539946 140.690298 0.000000 851.136132
A-I-7 1000.000000 0.000000 6.637608 6.637608 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.637608 6.637608 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.637608 6.637608 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.554638 6.554638 0.000000 1000.000000
A-II-1 234.538063 35.416883 1.410825 36.827708 0.000000 199.121180
A-II-2 1000.000000 0.000000 6.347212 6.347212 0.000000 1000.000000
A-P 636.038083 21.048815 0.000000 21.048815 0.000000 614.989268
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-1 967.378424 1.653272 6.421079 8.074351 0.000000 965.725153
M-2 967.378421 1.653272 6.421078 8.074350 0.000000 965.725149
M-3 967.378423 1.653272 6.421079 8.074351 0.000000 965.725152
B-1 967.378428 1.653271 6.421078 8.074349 0.000000 965.725157
B-2 969.299914 1.656562 6.433831 8.090393 0.000000 967.643352
B-3 620.580096 1.060586 4.119166 5.179752 0.000000 619.519514
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:59:59 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 26,835.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 46,109.01
MASTER SERVICER ADVANCES THIS MONTH 10,035.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,451,173.65
(B) TWO MONTHLY PAYMENTS: 5 349,480.08
(C) THREE OR MORE MONTHLY PAYMENTS: 3 409,919.84
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,248,416.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,743,279.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,459
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 1,188,643.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,040,494.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 68,038.41
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.73060130 % 17.04271900 % 2.92984320 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.08859880 % 17.58271676 % 3.06756480 %
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 8.97168900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 290.84
POOL TRADING FACTOR: 45.86242854
................................................................................
Run: 04/28/99 10:49:54 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 55,355,354.42 5.298750 % 1,561,325.67
R 973,833.13 2,870,885.72 0.000000 % 76,026.19
- -------------------------------------------------------------------------------
139,119,013.13 58,226,240.14 1,637,351.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 260,507.13 1,821,832.80 0.00 0.00 53,794,028.75
R 76,082.54 152,108.73 0.00 0.00 2,794,859.53
- -------------------------------------------------------------------------------
336,589.67 1,973,941.53 0.00 0.00 56,588,888.28
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 400.704204 11.302064 1.885749 13.187813 0.000000 389.402140
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:49:55 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 17,762.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 436.02
SUBSERVICER ADVANCES THIS MONTH 21,354.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,894,685.73
(B) TWO MONTHLY PAYMENTS: 3 379,279.29
(C) THREE OR MORE MONTHLY PAYMENTS: 2 355,081.21
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 254,269.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 56,588,888.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 694
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 1,513,774.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.06942970 % 4.93057030 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.06111600 % 4.93888400 %
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 7.45931315
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 254.36
POOL TRADING FACTOR: 40.67660272
................................................................................
Run: 04/28/99 11:00:03 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FCU5 23,848,000.00 0.00 9.500000 % 0.00
A-I-2 76110FCV3 25,000,000.00 0.00 7.600000 % 0.00
A-I-3 76110FCW1 12,373,000.00 0.00 6.650000 % 0.00
A-I-4 76110FCX9 7,100,000.00 0.00 7.450000 % 0.00
A-I-5 76110FCY7 10,137,000.00 0.00 7.600000 % 0.00
A-I-6 76110FCZ4 5,558,000.00 0.00 7.800000 % 0.00
A-I-7 76110FDA8 16,926,000.00 15,620,968.15 8.000000 % 2,617,865.61
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 2,489,847.74 8.000000 % 101,167.81
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 779,656.60 0.000000 % 22,492.24
A-V-1 796QS5AV1 0.00 0.00 1.026537 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.409269 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,659,404.45 8.000000 % 9,310.58
M-2 76110FDK6 3,958,800.00 3,833,745.85 8.000000 % 4,660.21
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 1,055,748.52 861,106.14 8.000000 % 0.00
- -------------------------------------------------------------------------------
175,944,527.21 80,898,945.67 2,755,496.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 103,867.32 2,721,732.93 0.00 0.00 13,003,102.54
A-I-8 45,773.25 45,773.25 0.00 0.00 6,884,000.00
A-I-9 74,664.14 74,664.14 0.00 0.00 11,229,000.00
A-I-10 149,614.19 149,614.19 0.00 0.00 22,501,000.00
A-II-1 16,555.55 117,723.36 0.00 0.00 2,388,679.93
A-II-2 30,087.74 30,087.74 0.00 0.00 4,525,000.00
A-P 0.00 22,492.24 0.00 0.00 757,164.36
A-V-1 49,488.98 49,488.98 0.00 0.00 0.00
A-V-2 7,788.29 7,788.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,929.10 60,239.68 0.00 0.00 7,650,093.87
M-2 32,398.79 37,059.00 0.00 0.00 3,829,085.64
M-3 35,376.40 35,376.40 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 0.00 854,570.82
- -------------------------------------------------------------------------------
596,543.75 3,352,040.20 0.00 0.00 78,136,913.90
===============================================================================
Run: 04/28/99 11:00:03
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 922.897799 154.665344 6.136554 160.801898 0.000000 768.232455
A-I-8 1000.000000 0.000000 6.649223 6.649223 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.649224 6.649224 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.649224 6.649224 0.000000 1000.000000
A-II-1 223.064660 9.063592 1.483206 10.546798 0.000000 214.001069
A-II-2 1000.000000 0.000000 6.649224 6.649224 0.000000 1000.000000
A-P 705.010963 20.338795 0.000000 20.338795 0.000000 684.672167
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-1 967.279718 1.175801 6.431660 7.607461 0.000000 966.103917
M-2 968.411097 1.177177 8.183993 9.361170 0.000000 967.233919
M-3 968.411101 0.000000 12.566658 12.566658 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-3 815.635659 0.000000 0.000000 0.000000 0.000000 809.445435
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:00:06 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 16,543.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 386.46
SUBSERVICER ADVANCES THIS MONTH 32,332.72
MASTER SERVICER ADVANCES THIS MONTH 1,608.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,781,643.53
(B) TWO MONTHLY PAYMENTS: 12 782,072.09
(C) THREE OR MORE MONTHLY PAYMENTS: 2 238,359.62
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,133,319.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 78,136,913.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 900
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 200,136.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,660,175.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.94455460 % 17.57665000 % 3.27587560 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.22561180 % 18.18008018 % 3.41641510 %
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 9.09785300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 295.88
POOL TRADING FACTOR: 44.40997122
................................................................................
Run: 04/28/99 11:00:09 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 43,322,483.00 955,894.20 5.337500 % 955,894.20
A-I-3 76110FDS9 0.00 0.00 3.662500 % 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 1,000,000.00 193,308.20 7.700000 % 193,308.20
A-I-8 76110FDX8 9,539,699.00 2,993,005.81 7.700000 % 2,993,005.81
A-I-9 76110FDY6 22,526,000.00 22,526,000.00 8.000000 % 397,252.00
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 10,819,986.50 8.000000 % 395,469.45
A-P 76110FED1 601,147.92 338,128.08 0.000000 % 3,366.52
A-V-1 796QS7AV1 0.00 0.00 0.894189 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.513141 % 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 8,818,319.24 8.000000 % 9,545.81
M-2 76110FEH2 5,126,400.00 4,959,760.36 8.000000 % 5,368.93
M-3 76110FEJ8 3,645,500.00 3,526,998.74 8.000000 % 3,817.97
B-1 1,822,700.00 1,763,451.00 8.000000 % 1,908.93
B-2 569,600.00 551,084.51 8.000000 % 596.55
B-3 1,366,716.75 1,112,716.80 8.000000 % 1,182.71
- -------------------------------------------------------------------------------
227,839,864.67 109,248,653.44 4,960,717.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 4,200.63 960,094.83 0.00 0.00 0.00
A-I-3 2,882.40 2,882.40 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 1,225.48 194,533.68 0.00 0.00 0.00
A-I-8 18,974.27 3,011,980.08 0.00 0.00 0.00
A-I-9 148,368.21 545,620.21 0.00 0.00 22,128,748.00
A-I-10 76,733.10 76,733.10 0.00 0.00 11,650,000.00
A-I-11 200,368.88 200,368.88 0.00 0.00 30,421,000.00
A-I-12 56,769.32 56,769.32 0.00 0.00 8,619,000.00
A-II 71,266.18 466,735.63 0.00 0.00 10,424,517.05
A-P 0.00 3,366.52 0.00 0.00 334,761.56
A-V-1 62,771.61 62,771.61 0.00 0.00 0.00
A-V-2 10,132.84 10,132.84 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 58,082.13 67,627.94 0.00 0.00 8,808,773.43
M-2 32,667.62 38,036.55 0.00 0.00 4,954,391.43
M-3 23,230.68 27,048.65 0.00 0.00 3,523,180.77
B-1 11,615.03 13,523.96 0.00 0.00 1,761,542.07
B-2 3,629.74 4,226.29 0.00 0.00 550,487.96
B-3 7,328.94 8,511.65 0.00 0.00 1,111,512.29
- -------------------------------------------------------------------------------
790,247.06 5,750,964.14 0.00 0.00 104,287,914.56
===============================================================================
Run: 04/28/99 11:00:09
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 22.064622 22.064622 0.096962 22.161584 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 193.308200 193.308200 1.225480 194.533680 0.000000 0.000000
A-I-8 313.742164 313.742164 1.988980 315.731144 0.000000 0.000000
A-I-9 1000.000000 17.635266 6.586532 24.221798 0.000000 982.364734
A-I-10 1000.000000 0.000000 6.586532 6.586532 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.586532 6.586532 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.586532 6.586532 0.000000 1000.000000
A-II 538.200681 19.671182 3.544876 23.216058 0.000000 518.529499
A-P 562.470681 5.600154 0.000000 5.600154 0.000000 556.870527
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-1 967.493827 1.047310 6.372428 7.419738 0.000000 966.446518
M-2 967.493828 1.047310 6.372429 7.419739 0.000000 966.446518
M-3 967.493825 1.047310 6.372426 7.419736 0.000000 966.446515
B-1 967.493828 1.047309 6.372431 7.419740 0.000000 966.446519
B-2 967.493873 1.047314 6.372437 7.419751 0.000000 966.446559
B-3 814.153189 0.865366 5.362443 6.227809 0.000000 813.271873
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:00:12 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 22,077.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 646.18
SUBSERVICER ADVANCES THIS MONTH 59,601.60
MASTER SERVICER ADVANCES THIS MONTH 3,492.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,697,033.06
(B) TWO MONTHLY PAYMENTS: 5 931,279.65
(C) THREE OR MORE MONTHLY PAYMENTS: 3 476,541.92
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 920,006.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 104,287,914.56
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,157
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 425,989.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,833,408.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.96388700 % 15.84008400 % 3.13711170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.07767220 % 16.57559814 % 3.29335110 %
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 9.11118600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 297.34
POOL TRADING FACTOR: 45.77246160
................................................................................
Run: 04/28/99 10:50:21 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 4,000,000.00 772,675.01 7.400000 % 110,215.28
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 3,260,888.33 7.050000 % 933,347.53
A-4 76110FEN9 3,765,148.00 3,765,148.00 7.300000 % 0.00
A-5 76110FEP4 10,500,000.00 554,815.10 7.400000 % 450,077.85
A-6 76110FEQ2 2,600,500.00 2,600,500.00 7.400000 % 0.00
A-7 76110FER0 31,579,563.00 8,234,316.19 5.437500 % 878,460.66
A-8 76110FES8 0.00 0.00 3.562500 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 14,117,599.59 7.400000 % 710,371.94
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 78,987.40 0.000000 % 169.35
A-15-1 96QS8A151 0.00 0.00 0.996151 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.567803 % 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 6,401,191.99 7.750000 % 5,099.96
M-2 76110FFC2 4,440,700.00 4,267,493.38 7.750000 % 3,400.00
M-3 76110FFD0 3,108,500.00 2,987,254.98 7.750000 % 2,380.01
B-1 1,509,500.00 1,450,622.92 7.750000 % 1,155.74
B-2 444,000.00 426,682.08 7.750000 % 339.95
B-3 1,154,562.90 1,010,071.95 7.750000 % 804.73
- -------------------------------------------------------------------------------
177,623,205.60 86,550,204.92 3,095,823.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 4,762.56 114,977.84 0.00 0.00 662,459.73
A-2 0.00 0.00 0.00 0.00 0.00
A-3 19,148.59 952,496.12 0.00 0.00 2,327,540.80
A-4 22,893.73 22,893.73 0.00 0.00 3,765,148.00
A-5 3,419.73 453,497.58 0.00 0.00 104,737.25
A-6 16,028.77 16,028.77 0.00 0.00 2,600,500.00
A-7 37,293.96 915,754.62 0.00 0.00 7,355,855.53
A-8 24,433.98 24,433.98 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 87,017.03 797,388.97 0.00 0.00 13,407,227.65
A-11 90,212.18 90,212.18 0.00 0.00 13,975,000.00
A-12 12,910.51 12,910.51 0.00 0.00 2,000,000.00
A-13 133,281.37 133,281.37 0.00 0.00 20,646,958.00
A-14 0.00 169.35 0.00 0.00 78,818.05
A-15-1 56,910.60 56,910.60 0.00 0.00 0.00
A-15-2 8,494.49 8,494.49 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 41,321.32 46,421.28 0.00 0.00 6,396,092.03
M-2 27,547.75 30,947.75 0.00 0.00 4,264,093.38
M-3 19,283.49 21,663.50 0.00 0.00 2,984,874.97
B-1 9,364.14 10,519.88 0.00 0.00 1,449,467.18
B-2 2,754.35 3,094.30 0.00 0.00 426,342.13
B-3 6,520.27 7,325.00 0.00 0.00 1,009,267.22
- -------------------------------------------------------------------------------
623,598.82 3,719,421.82 0.00 0.00 83,454,381.92
===============================================================================
Run: 04/28/99 10:50:21
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-1 193.168753 27.553819 1.190640 28.744459 0.000000 165.614934
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 248.387962 71.094827 1.458584 72.553411 0.000000 177.293135
A-4 1000.000000 0.000000 6.080433 6.080433 0.000000 1000.000000
A-5 52.839533 42.864557 0.325689 43.190246 0.000000 9.974976
A-6 1000.000000 0.000000 6.163726 6.163726 0.000000 1000.000000
A-7 260.748263 27.817379 1.180952 28.998331 0.000000 232.930884
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-10 673.751499 33.901950 4.152820 38.054770 0.000000 639.849549
A-11 1000.000000 0.000000 6.455254 6.455254 0.000000 1000.000000
A-12 1000.000000 0.000000 6.455255 6.455255 0.000000 1000.000000
A-13 1000.000000 0.000000 6.455255 6.455255 0.000000 1000.000000
A-14 681.956439 1.462123 0.000000 1.462123 0.000000 680.494316
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-1 960.995645 0.765645 6.203471 6.969116 0.000000 960.230000
M-2 960.995649 0.765645 6.203470 6.969115 0.000000 960.230004
M-3 960.995651 0.765646 6.203471 6.969117 0.000000 960.230005
B-1 960.995641 0.765644 6.203471 6.969115 0.000000 960.229997
B-2 960.995676 0.765653 6.203491 6.969144 0.000000 960.230023
B-3 874.852249 0.697008 5.647393 6.344401 0.000000 874.155250
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:50:24 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 17,727.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 30,694.81
MASTER SERVICER ADVANCES THIS MONTH 2,237.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,460,009.48
(B) TWO MONTHLY PAYMENTS: 7 663,036.26
(C) THREE OR MORE MONTHLY PAYMENTS: 4 361,439.09
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 304,192.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,454,381.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 911
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 278,932.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,026,812.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.86841170 % 15.79246900 % 3.33911910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.17388290 % 16.35032226 % 3.46033830 %
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 8.98058322
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.71
POOL TRADING FACTOR: 46.98394089
................................................................................
Run: 04/28/99 10:50:52 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 2,175,898.07 6.750000 % 2,175,898.07
A-5 76110FFJ7 10,253,000.00 3,496,387.28 6.750000 % 912,364.57
A-6 76110FFK4 31,511,646.00 12,496,207.77 11.000000 % 1,026,410.08
A-7 76110FFL2 17,652,000.00 17,652,000.00 6.750000 % 1,701,651.25
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 212,947.62 139,539.97 0.000000 % 9,947.06
A-13-1 0.00 0.00 1.017978 % 0.00
A-13-2 0.00 0.00 0.655883 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,194,615.29 7.500000 % 7,056.28
M-2 76110FFW8 6,251,000.00 6,129,416.69 7.500000 % 4,703.94
M-3 76110FFW8 4,375,700.00 4,290,591.67 7.500000 % 3,292.75
B-1 1,624,900.00 1,593,295.33 7.500000 % 1,222.75
B-2 624,800.00 612,647.51 7.500000 % 470.17
B-3 1,500,282.64 1,397,416.85 7.500000 % 1,072.42
- -------------------------------------------------------------------------------
250,038,730.26 141,675,370.43 5,844,089.34
===============================================================================
_______________________________________________________________________________
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 12,129.31 2,188,027.38 0.00 0.00 0.00
A-5 19,490.23 931,854.80 0.00 0.00 2,584,022.71
A-6 113,517.96 1,139,928.04 0.00 0.00 11,469,797.69
A-7 98,399.15 1,800,050.40 0.00 0.00 15,950,348.75
A-8 31,526.47 31,526.47 0.00 0.00 5,655,589.00
A-9 106,292.49 106,292.49 0.00 0.00 19,068,000.00
A-10 57,236.54 57,236.54 0.00 0.00 10,267,765.00
A-11 294,241.14 294,241.14 0.00 0.00 47,506,000.00
A-12 0.00 9,947.06 0.00 0.00 129,592.91
A-13-1 94,182.21 94,182.21 0.00 0.00 0.00
A-13-2 16,057.11 16,057.11 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,949.32 64,005.60 0.00 0.00 9,187,559.01
M-2 37,964.18 42,668.12 0.00 0.00 6,124,712.75
M-3 26,574.93 29,867.68 0.00 0.00 4,287,298.92
B-1 9,868.51 11,091.26 0.00 0.00 1,592,072.58
B-2 3,794.60 4,264.77 0.00 0.00 612,177.34
B-3 8,655.28 9,727.70 0.00 0.00 1,396,344.43
- -------------------------------------------------------------------------------
986,879.43 6,830,968.77 0.00 0.00 135,831,281.09
===============================================================================
Run: 04/28/99 10:50:52
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-4 136.522655 136.522655 0.761031 137.283686 0.000000 0.000000
A-5 341.011146 88.985133 1.900929 90.886062 0.000000 252.026013
A-6 396.558395 32.572405 3.602413 36.174818 0.000000 363.985991
A-7 1000.000000 96.399912 5.574391 101.974303 0.000000 903.600088
A-8 1000.000000 0.000000 5.574392 5.574392 0.000000 1000.000000
A-9 1000.000000 0.000000 5.574391 5.574391 0.000000 1000.000000
A-10 1000.000000 0.000000 5.574391 5.574391 0.000000 1000.000000
A-11 1000.000000 0.000000 6.193768 6.193768 0.000000 1000.000000
A-12 655.278373 46.711299 0.000000 46.711299 0.000000 608.567074
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-1 980.549780 0.752509 6.073298 6.825807 0.000000 979.797271
M-2 980.549782 0.752510 6.073297 6.825807 0.000000 979.797272
M-3 980.549779 0.752508 6.073298 6.825806 0.000000 979.797271
B-1 980.549775 0.752508 6.073303 6.825811 0.000000 979.797268
B-2 980.549792 0.752513 6.073303 6.825816 0.000000 979.797279
B-3 931.435726 0.714799 5.769100 6.483899 0.000000 930.720914
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:50:54 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 29,053.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,307.05
MASTER SERVICER ADVANCES THIS MONTH 2,991.76
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,651,155.02
(B) TWO MONTHLY PAYMENTS: 3 523,303.41
(C) THREE OR MORE MONTHLY PAYMENTS: 3 234,141.17
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,091,243.02
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 135,831,281.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,406
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 379,156.78
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,735,327.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.59568510 % 13.85841600 % 2.54589930 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.90355460 % 14.42934980 % 2.65331580 %
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 8.76880160
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.82
POOL TRADING FACTOR: 54.32409649
................................................................................
Run: 04/28/99 10:51:09 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 9,901,576.87 9.000000 % 1,154,675.68
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 14,672,902.42 7.250000 % 2,489,743.23
A-5 76110FGC1 10,000,000.00 2,709,611.38 7.250000 % 396,946.16
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 130,561.76 106,926.18 0.000000 % 114.57
A-10-1 97QS2A101 0.00 0.00 0.797295 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.470832 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,818,691.57 7.750000 % 3,741.93
M-2 76110FGL1 4,109,600.00 4,015,511.17 7.750000 % 3,118.22
M-3 76110FGM9 2,630,200.00 2,569,981.87 7.750000 % 1,995.71
B-1 1,068,500.00 1,044,036.80 7.750000 % 810.74
B-2 410,900.00 401,492.51 7.750000 % 311.78
B-3 821,738.81 797,262.37 7.750000 % 619.11
- -------------------------------------------------------------------------------
164,383,983.57 89,810,206.14 4,052,077.13
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 73,534.77 1,228,210.45 0.00 0.00 8,746,901.19
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 87,780.88 2,577,524.11 0.00 0.00 12,183,159.19
A-5 16,210.29 413,156.45 0.00 0.00 2,312,665.22
A-6 44,099.70 44,099.70 0.00 0.00 7,371,430.00
A-7 66,514.08 66,514.08 0.00 0.00 10,400,783.00
A-8 198,248.20 198,248.20 0.00 0.00 31,000,000.00
A-9 0.00 114.57 0.00 0.00 106,811.61
A-10-1 46,160.34 46,160.34 0.00 0.00 0.00
A-10-2 7,633.56 7,633.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,816.03 34,557.96 0.00 0.00 4,814,949.64
M-2 25,679.61 28,797.83 0.00 0.00 4,012,392.95
M-3 16,435.30 18,431.01 0.00 0.00 2,567,986.16
B-1 6,676.73 7,487.47 0.00 0.00 1,043,226.06
B-2 2,567.58 2,879.36 0.00 0.00 401,180.73
B-3 5,098.58 5,717.69 0.00 0.00 796,643.26
- -------------------------------------------------------------------------------
627,455.65 4,679,532.78 0.00 0.00 85,758,129.01
===============================================================================
Run: 04/28/99 10:51:09
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-1 318.290968 37.117607 2.363811 39.481418 0.000000 281.173361
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-4 806.203430 136.799079 4.823125 141.622204 0.000000 669.404351
A-5 270.961138 39.694616 1.621029 41.315645 0.000000 231.266522
A-6 1000.000000 0.000000 5.982516 5.982516 0.000000 1000.000000
A-7 1000.000000 0.000000 6.395103 6.395103 0.000000 1000.000000
A-8 1000.000000 0.000000 6.395103 6.395103 0.000000 1000.000000
A-9 818.970118 0.877516 0.000000 0.877516 0.000000 818.092602
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-1 977.105112 0.758766 6.248688 7.007454 0.000000 976.346346
M-2 977.105112 0.758765 6.248688 7.007453 0.000000 976.346348
M-3 977.105114 0.758767 6.248688 7.007455 0.000000 976.346346
B-1 977.105101 0.758765 6.248694 7.007459 0.000000 976.346336
B-2 977.105159 0.758773 6.248674 7.007447 0.000000 976.346386
B-3 970.213844 0.753390 6.204624 6.958014 0.000000 969.460430
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:51:11 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 18,296.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 30,461.63
MASTER SERVICER ADVANCES THIS MONTH 954.15
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 3,032,384.83
(B) TWO MONTHLY PAYMENTS: 5 262,000.87
(C) THREE OR MORE MONTHLY PAYMENTS: 2 102,882.89
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 418,685.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,758,129.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 956
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 116,794.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,982,321.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.78653590 % 12.71323000 % 2.50023370 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.07919550 % 13.28775345 % 2.61648050 %
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 8.80058951
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.93
POOL TRADING FACTOR: 52.16939458
................................................................................
Run: 04/28/99 10:51:19 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 1,207,299.52 7.500000 % 1,207,299.52
A-3 76110FGU1 16,821,000.00 16,821,000.00 7.500000 % 3,920,162.90
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 2,575,471.36 9.500000 % 732,494.63
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 88,080.86 0.000000 % 15,556.02
A-10-1 97QS3A101 0.00 0.00 0.804447 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.491638 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,248,625.85 7.750000 % 10,115.92
M-2 76110FHE6 4,112,900.00 4,037,457.37 7.750000 % 7,781.58
M-3 76110FHF3 2,632,200.00 2,583,917.71 7.750000 % 4,980.10
B-1 1,069,400.00 1,049,784.07 7.750000 % 2,023.30
B-2 411,200.00 403,657.40 7.750000 % 777.99
B-3 823,585.68 574,620.18 7.750000 % 1,107.49
- -------------------------------------------------------------------------------
164,514,437.18 93,717,914.32 5,902,299.45
===============================================================================
_______________________________________________________________________________
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 7,391.36 1,214,690.88 0.00 0.00 0.00
A-3 102,982.03 4,023,144.93 0.00 0.00 12,900,837.10
A-4 148,604.89 148,604.89 0.00 0.00 23,490,000.00
A-5 45,157.16 45,157.16 0.00 0.00 7,138,000.00
A-6 6,326.30 6,326.30 0.00 0.00 1,000,000.00
A-7 19,972.33 752,466.96 0.00 0.00 1,842,976.73
A-8 173,973.37 173,973.37 0.00 0.00 27,500,000.00
A-9 0.00 15,556.02 0.00 0.00 72,524.84
A-10-1 46,571.83 46,571.83 0.00 0.00 0.00
A-10-2 9,148.76 9,148.76 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,204.41 43,320.33 0.00 0.00 5,238,509.93
M-2 25,542.19 33,323.77 0.00 0.00 4,029,675.79
M-3 16,346.65 21,326.75 0.00 0.00 2,578,937.61
B-1 6,641.26 8,664.56 0.00 0.00 1,047,760.77
B-2 2,553.66 3,331.65 0.00 0.00 402,879.41
B-3 3,635.22 4,742.71 0.00 0.00 573,512.69
- -------------------------------------------------------------------------------
648,051.42 6,550,350.87 0.00 0.00 87,815,614.87
===============================================================================
Run: 04/28/99 10:51:19
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 45.423060 45.423060 0.278090 45.701150 0.000000 0.000000
A-3 1000.000000 233.051715 6.122230 239.173945 0.000000 766.948285
A-4 1000.000000 0.000000 6.326304 6.326304 0.000000 1000.000000
A-5 1000.000000 0.000000 6.326304 6.326304 0.000000 1000.000000
A-6 1000.000000 0.000000 6.326300 6.326300 0.000000 1000.000000
A-7 167.521228 47.645026 1.299098 48.944124 0.000000 119.876202
A-8 1000.000000 0.000000 6.326304 6.326304 0.000000 1000.000000
A-9 820.490259 144.907337 0.000000 144.907337 0.000000 675.582922
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-1 981.657069 1.891993 6.210262 8.102255 0.000000 979.765076
M-2 981.657072 1.891993 6.210263 8.102256 0.000000 979.765078
M-3 981.657059 1.891991 6.210261 8.102252 0.000000 979.765067
B-1 981.657069 1.891996 6.210267 8.102263 0.000000 979.765074
B-2 981.657101 1.891999 6.210263 8.102262 0.000000 979.765102
B-3 697.705404 1.344693 4.413894 5.758587 0.000000 696.360689
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:51:22 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 18,763.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 31,729.45
MASTER SERVICER ADVANCES THIS MONTH 1,328.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,414,297.15
(B) TWO MONTHLY PAYMENTS: 6 647,040.51
(C) THREE OR MORE MONTHLY PAYMENTS: 3 284,791.78
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 665,689.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,815,614.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 904
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 159,461.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,721,777.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 114,298.97
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.15637370 % 12.67758400 % 2.16604210 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.19103290 % 13.49090745 % 2.30690860 %
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 8.81069746
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.51
POOL TRADING FACTOR: 53.37866778
................................................................................
Run: 04/28/99 10:51:35 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 2,915,085.03 7.250000 % 2,915,085.03
A-3 76110FHM8 22,398,546.00 22,398,546.00 7.250000 % 2,162,700.43
A-4 76110FHN6 24,498,244.00 7,589,150.66 10.000000 % 1,128,396.70
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 155,284.33 123,535.47 0.000000 % 2,703.54
A-9-1 797QS4A91 0.00 0.00 0.807338 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.510497 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,068,762.05 7.750000 % 5,208.31
M-2 76110FHW6 4,975,300.00 4,893,720.50 7.750000 % 3,605.73
M-3 76110FHX4 3,316,900.00 3,262,513.13 7.750000 % 2,403.84
B-1 1,216,200.00 1,196,258.10 7.750000 % 881.41
B-2 552,900.00 543,834.16 7.750000 % 400.70
B-3 995,114.30 949,260.99 7.750000 % 699.42
- -------------------------------------------------------------------------------
221,126,398.63 127,765,866.09 6,222,085.11
===============================================================================
_______________________________________________________________________________
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 17,408.99 2,932,494.02 0.00 0.00 0.00
A-3 133,764.92 2,296,465.35 0.00 0.00 20,235,845.57
A-4 62,514.04 1,190,910.74 0.00 0.00 6,460,753.96
A-5 109,196.21 109,196.21 0.00 0.00 17,675,100.00
A-6 45,645.53 45,645.53 0.00 0.00 7,150,100.00
A-7 331,962.82 331,962.82 0.00 0.00 52,000,000.00
A-8 0.00 2,703.54 0.00 0.00 120,831.93
A-9-1 67,361.45 67,361.45 0.00 0.00 0.00
A-9-2 11,132.89 11,132.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,126.27 50,334.58 0.00 0.00 7,063,553.74
M-2 31,241.03 34,846.76 0.00 0.00 4,890,114.77
M-3 20,827.56 23,231.40 0.00 0.00 3,260,109.29
B-1 7,636.79 8,518.20 0.00 0.00 1,195,376.69
B-2 3,471.78 3,872.48 0.00 0.00 543,433.46
B-3 6,059.98 6,759.40 0.00 0.00 948,561.57
- -------------------------------------------------------------------------------
893,350.26 7,115,435.37 0.00 0.00 121,543,780.98
===============================================================================
Run: 04/28/99 10:51:35
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 81.483858 81.483858 0.486624 81.970482 0.000000 0.000000
A-3 1000.000000 96.555394 5.972036 102.527430 0.000000 903.444606
A-4 309.783455 46.060310 2.551776 48.612086 0.000000 263.723145
A-5 1000.000000 0.000000 6.177968 6.177968 0.000000 1000.000000
A-6 1000.000000 0.000000 6.383901 6.383901 0.000000 1000.000000
A-7 1000.000000 0.000000 6.383900 6.383900 0.000000 1000.000000
A-8 795.543697 17.410256 0.000000 17.410256 0.000000 778.133441
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 983.603102 0.724725 6.279224 7.003949 0.000000 982.878376
M-2 983.603099 0.724726 6.279225 7.003951 0.000000 982.878373
M-3 983.603102 0.724725 6.279225 7.003950 0.000000 982.878377
B-1 983.603108 0.724725 6.279222 7.003947 0.000000 982.878384
B-2 983.603111 0.724724 6.279219 7.003943 0.000000 982.878387
B-3 953.921565 0.702854 6.089733 6.792587 0.000000 953.218715
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:51:38 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 25,939.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 27,452.34
MASTER SERVICER ADVANCES THIS MONTH 2,091.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,327,432.21
(B) TWO MONTHLY PAYMENTS: 2 137,805.11
(C) THREE OR MORE MONTHLY PAYMENTS: 5 561,527.07
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 436,320.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 121,543,780.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,253
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 272,532.73
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,127,931.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.96519760 % 11.92785800 % 2.10694460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.25719420 % 12.51711743 % 2.21323210 %
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 8.81885468
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.26
POOL TRADING FACTOR: 54.96574888
................................................................................
Run: 04/28/99 10:51:41 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 8,684,955.27 10.000000 % 1,615,053.35
A-4 76110FJC8 24,000,000.00 11,374,789.84 7.250000 % 4,306,808.94
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 340,158.57 236,922.77 0.000000 % 8,933.15
A-11-1 0.00 0.00 0.708064 % 0.00
A-11-2 0.00 0.00 0.335057 % 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 6,614,770.36 8.000000 % 9,764.96
M-2 76110FJP9 4,330,000.00 4,255,862.66 8.000000 % 6,282.66
M-3 76110FJQ7 2,886,000.00 2,836,586.53 8.000000 % 4,187.47
B-1 1,058,000.00 1,039,885.13 8.000000 % 1,535.12
B-2 481,000.00 472,764.42 8.000000 % 697.91
B-3 866,066.26 804,638.04 8.000000 % 1,187.75
- -------------------------------------------------------------------------------
192,360,424.83 113,933,266.02 5,954,451.31
===============================================================================
_______________________________________________________________________________
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 71,531.98 1,686,585.33 0.00 0.00 7,069,901.92
A-4 67,922.56 4,374,731.50 0.00 0.00 7,067,980.90
A-5 70,372.59 70,372.59 0.00 0.00 11,785,091.00
A-6 119,545.08 119,545.08 0.00 0.00 18,143,000.00
A-7 31,409.99 31,409.99 0.00 0.00 4,767,000.00
A-8 26,510.83 26,510.83 0.00 0.00 0.00
A-9 256,271.31 256,271.31 0.00 0.00 42,917,000.00
A-10 0.00 8,933.15 0.00 0.00 227,989.62
A-11-1 51,081.44 51,081.44 0.00 0.00 0.00
A-11-2 7,269.69 7,269.69 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 43,585.03 53,349.99 0.00 0.00 6,605,005.40
M-2 28,042.08 34,324.74 0.00 0.00 4,249,580.00
M-3 18,690.41 22,877.88 0.00 0.00 2,832,399.06
B-1 6,851.85 8,386.97 0.00 0.00 1,038,350.01
B-2 3,115.06 3,812.97 0.00 0.00 472,066.51
B-3 5,301.79 6,489.54 0.00 0.00 762,727.38
- -------------------------------------------------------------------------------
807,501.69 6,761,953.00 0.00 0.00 107,938,091.80
===============================================================================
Run: 04/28/99 10:51:41
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-3 289.914933 53.912550 2.387829 56.300379 0.000000 236.002383
A-4 473.949577 179.450373 2.830107 182.280480 0.000000 294.499204
A-5 1000.000000 0.000000 5.971323 5.971323 0.000000 1000.000000
A-6 1000.000000 0.000000 6.589047 6.589047 0.000000 1000.000000
A-7 1000.000000 0.000000 6.589048 6.589048 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 5.971324 5.971324 0.000000 1000.000000
A-10 696.506838 26.261723 0.000000 26.261723 0.000000 670.245115
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-1 982.878211 1.450960 6.476230 7.927190 0.000000 981.427251
M-2 982.878212 1.450961 6.476231 7.927192 0.000000 981.427252
M-3 982.878216 1.450960 6.476234 7.927194 0.000000 981.427256
B-1 982.878195 1.450964 6.476229 7.927193 0.000000 981.427231
B-2 982.878212 1.450956 6.476216 7.927172 0.000000 981.427256
B-3 929.072147 1.371431 6.121691 7.493122 0.000000 880.680164
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:51:43 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 23,039.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 37,343.89
MASTER SERVICER ADVANCES THIS MONTH 601.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,591,392.71
(B) TWO MONTHLY PAYMENTS: 6 754,160.03
(C) THREE OR MORE MONTHLY PAYMENTS: 6 461,735.39
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 874,468.58
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,938,091.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,114
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 75,529.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,623,562.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 89,486.98
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.90587290 % 12.05599000 % 2.03813730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.18232920 % 12.68040247 % 2.11042780 %
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 8.93797196
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.17
POOL TRADING FACTOR: 56.11242120
................................................................................
Run: 04/28/99 10:51:46 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 7,200,693.73 7.500000 % 1,947,106.38
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 19,852,358.70 7.500000 % 73,719.98
A-6 76110FJW4 164,986.80 93,353.66 0.000000 % 387.76
A-7-1 0.00 0.00 0.851980 % 0.00
A-7-2 0.00 0.00 0.360597 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,476,668.68 7.500000 % 9,196.89
M-2 76110FKA0 1,061,700.00 990,611.49 7.500000 % 3,678.55
M-3 76110FKB8 690,100.00 643,892.80 7.500000 % 2,391.04
B-1 371,600.00 346,718.68 7.500000 % 1,287.51
B-2 159,300.00 148,633.70 7.500000 % 551.94
B-3 372,446.48 347,508.50 7.500000 % 1,290.43
- -------------------------------------------------------------------------------
106,172,633.28 68,575,439.94 2,039,610.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 44,963.15 1,992,069.53 0.00 0.00 5,253,587.35
A-2 97,929.03 97,929.03 0.00 0.00 15,683,000.00
A-3 117,055.26 117,055.26 0.00 0.00 18,746,000.00
A-4 12,775.80 12,775.80 0.00 0.00 2,046,000.00
A-5 123,963.67 197,683.65 0.00 0.00 19,778,638.72
A-6 0.00 387.76 0.00 0.00 92,965.90
A-7-1 40,254.51 40,254.51 0.00 0.00 0.00
A-7-2 3,550.34 3,550.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,465.01 24,661.90 0.00 0.00 2,467,471.79
M-2 6,185.65 9,864.20 0.00 0.00 986,932.94
M-3 4,020.65 6,411.69 0.00 0.00 641,501.76
B-1 2,165.01 3,452.52 0.00 0.00 345,431.17
B-2 928.11 1,480.05 0.00 0.00 148,081.76
B-3 2,169.94 3,460.37 0.00 0.00 346,218.07
- -------------------------------------------------------------------------------
471,426.13 2,511,036.61 0.00 0.00 66,535,829.46
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 167.668554 45.338480 1.046969 46.385449 0.000000 122.330074
A-2 1000.000000 0.000000 6.244279 6.244279 0.000000 1000.000000
A-3 1000.000000 0.000000 6.244279 6.244279 0.000000 1000.000000
A-4 1000.000000 0.000000 6.244282 6.244282 0.000000 1000.000000
A-5 933.043131 3.464773 5.826182 9.290955 0.000000 929.578358
A-6 565.825024 2.350249 0.000000 2.350249 0.000000 563.474775
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-1 933.042752 3.464772 5.826179 9.290951 0.000000 929.577980
M-2 933.042752 3.464773 5.826175 9.290948 0.000000 929.577979
M-3 933.042747 3.464773 5.826185 9.290958 0.000000 929.577974
B-1 933.042734 3.464774 5.826184 9.290958 0.000000 929.577960
B-2 933.042687 3.464783 5.826177 9.290960 0.000000 929.577903
B-3 933.042782 3.464766 5.826179 9.290945 0.000000 929.578043
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:51:48 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 14,092.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 13,558.48
MASTER SERVICER ADVANCES THIS MONTH 1,179.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,053,274.47
(B) TWO MONTHLY PAYMENTS: 1 43,468.06
(C) THREE OR MORE MONTHLY PAYMENTS: 1 121,032.38
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 72,045.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,535,829.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 976
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 118,127.55
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,784,927.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.76594200 % 6.00328200 % 1.23077570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.57160630 % 6.15594113 % 1.26383930 %
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 8.58397230
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 149.79
POOL TRADING FACTOR: 62.66758901
................................................................................
Run: 04/29/99 16:20:27 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 8,161,060.57 8.027808 % 574,618.24
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 8,161,060.57 574,618.24
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 53,055.50 627,673.74 0.00 0.00 7,586,442.33
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
53,055.50 627,673.74 0.00 0.00 7,586,442.33
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 327.302099 23.045259 2.127809 25.173068 0.000000 304.256840
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/29/99 16:20:27 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 2,479.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 339.82
SUBSERVICER ADVANCES THIS MONTH 1,634.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 217,777.41
(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 7,586,442.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 48
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 568,956.57
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 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.36954600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.18
POOL TRADING FACTOR: 30.42568388
................................................................................
Run: 04/29/99 16:20:42 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 8,051,779.63 8.027737 % 1,350,004.81
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 8,051,779.63 1,350,004.81
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 47,342.95 1,397,347.76 0.00 0.00 6,701,774.82
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
47,342.95 1,397,347.76 0.00 0.00 6,701,774.82
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 261.433591 43.833366 1.537180 45.370546 0.000000 217.600224
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/29/99 16:20:43 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 2,119.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 318.08
SUBSERVICER ADVANCES THIS MONTH 4,718.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 119,237.53
(B) TWO MONTHLY PAYMENTS: 2 505,483.28
(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 6,701,774.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 46
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 1,205,892.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 138,796.99
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000040 % 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 0.7821 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.37111700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.03
POOL TRADING FACTOR: 21.76002234
................................................................................
Run: 04/28/99 10:52:08 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 30,964,094.50 7.500000 % 2,822,243.04
A-2 76110FKD4 20,984,000.00 4,108,094.50 7.500000 % 2,822,243.04
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 12,153,169.82 9.500000 % 806,355.16
A-8 76110FKP7 156,262.27 71,346.11 0.000000 % 63.02
A-9-1 0.00 0.00 0.839895 % 0.00
A-9-2 0.00 0.00 0.545817 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,592,790.93 7.750000 % 4,525.37
M-2 76110FKM4 3,827,000.00 3,767,449.73 7.750000 % 2,586.02
M-3 76110FKN2 2,870,200.00 2,825,538.09 7.750000 % 1,939.48
B-1 1,052,400.00 1,036,024.09 7.750000 % 711.14
B-2 478,400.00 470,955.81 7.750000 % 323.27
B-3 861,188.35 847,787.73 7.750000 % 581.92
- -------------------------------------------------------------------------------
191,342,550.62 112,837,251.31 6,461,571.46
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 190,360.50 3,012,603.54 0.00 0.00 28,141,851.46
A-2 25,255.67 2,847,498.71 0.00 0.00 1,285,851.46
A-3 67,625.60 67,625.60 0.00 0.00 11,000,000.00
A-4 24,591.13 24,591.13 0.00 0.00 4,000,000.00
A-5 111,172.39 111,172.39 0.00 0.00 17,500,000.00
A-6 103,999.98 103,999.98 0.00 0.00 17,500,000.00
A-7 94,639.04 900,994.20 0.00 0.00 11,346,814.66
A-8 0.00 63.02 0.00 0.00 71,283.09
A-9-1 61,570.36 61,570.36 0.00 0.00 0.00
A-9-2 10,472.03 10,472.03 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,882.07 46,407.44 0.00 0.00 6,588,265.56
M-2 23,933.51 26,519.53 0.00 0.00 3,764,863.71
M-3 17,949.82 19,889.30 0.00 0.00 2,823,598.61
B-1 6,581.56 7,292.70 0.00 0.00 1,035,312.95
B-2 2,991.85 3,315.12 0.00 0.00 470,632.54
B-3 5,385.75 5,967.67 0.00 0.00 847,205.81
- -------------------------------------------------------------------------------
788,411.26 7,249,982.72 0.00 0.00 106,375,679.85
===============================================================================
Run: 04/28/99 10:52:08
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-1 375.363306 34.212739 2.307652 36.520391 0.000000 341.150568
A-2 195.772708 134.494998 1.203568 135.698566 0.000000 61.277710
A-3 1000.000000 0.000000 6.147782 6.147782 0.000000 1000.000000
A-4 1000.000000 0.000000 6.147783 6.147783 0.000000 1000.000000
A-5 1000.000000 0.000000 6.352708 6.352708 0.000000 1000.000000
A-6 1000.000000 0.000000 5.942856 5.942856 0.000000 1000.000000
A-7 554.306491 36.777886 4.316490 41.094376 0.000000 517.528605
A-8 456.579250 0.403296 0.000000 0.403296 0.000000 456.175953
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-1 984.439440 0.675731 6.253855 6.929586 0.000000 983.763709
M-2 984.439438 0.675730 6.253857 6.929587 0.000000 983.763708
M-3 984.439443 0.675730 6.253857 6.929587 0.000000 983.763713
B-1 984.439462 0.675732 6.253858 6.929590 0.000000 983.763731
B-2 984.439402 0.675732 6.253867 6.929599 0.000000 983.763671
B-3 984.439385 0.675729 6.253858 6.929587 0.000000 983.763668
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:52:10 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 22,626.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 32,046.12
MASTER SERVICER ADVANCES THIS MONTH 6,590.78
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,651,676.57
(B) TWO MONTHLY PAYMENTS: 5 644,878.56
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,123,824.81
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 655,982.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 106,375,679.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,096
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 832,435.11
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 6,384,107.64
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.21875440 % 11.69305400 % 2.08819110 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.39112240 % 12.38697407 % 2.21359730 %
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 8.85626570
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.72
POOL TRADING FACTOR: 55.59436702
................................................................................
Run: 04/28/99 10:52:13 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 5,169,299.95 10.000000 % 555,931.65
A-4 76110FKX0 19,700,543.00 0.00 7.000000 % 0.00
A-5 76110FKY8 21,419,142.00 18,838,128.53 7.150000 % 3,970,940.42
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 11,351,635.75 7.500000 % 979,601.58
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 10,342.27 0.000000 % 9.72
A-12-1 0.00 0.00 0.956247 % 0.00
A-12-2 0.00 0.00 0.664285 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,520,560.26 7.500000 % 5,408.30
M-2 76110FLJ0 4,361,000.00 4,297,885.35 7.500000 % 3,090.76
M-3 76110FLK7 3,270,500.00 3,223,167.65 7.500000 % 2,317.89
B-1 1,199,000.00 1,181,647.45 7.500000 % 849.76
B-2 545,000.00 537,112.51 7.500000 % 386.26
B-3 981,461.72 828,741.35 7.500000 % 595.97
- -------------------------------------------------------------------------------
218,029,470.88 135,285,150.07 5,519,132.31
===============================================================================
_______________________________________________________________________________
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 42,934.29 598,865.94 0.00 0.00 4,613,368.30
A-4 0.00 0.00 0.00 0.00 0.00
A-5 111,870.70 4,082,811.12 0.00 0.00 14,867,188.11
A-6 38,076.38 38,076.38 0.00 0.00 6,323,320.00
A-7 99,333.86 99,333.86 0.00 0.00 16,496,308.00
A-8 70,711.86 1,050,313.44 0.00 0.00 10,372,034.17
A-9 30,627.01 30,627.01 0.00 0.00 5,000,001.00
A-10 339,536.21 339,536.21 0.00 0.00 54,507,000.00
A-11 0.00 9.72 0.00 0.00 10,332.55
A-12-1 82,752.15 82,752.15 0.00 0.00 0.00
A-12-2 17,154.73 17,154.73 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,847.24 52,255.54 0.00 0.00 7,515,151.96
M-2 26,772.48 29,863.24 0.00 0.00 4,294,794.59
M-3 20,077.83 22,395.72 0.00 0.00 3,220,849.76
B-1 7,360.75 8,210.51 0.00 0.00 1,180,797.69
B-2 3,345.79 3,732.05 0.00 0.00 536,726.25
B-3 5,162.41 5,758.38 0.00 0.00 828,145.38
- -------------------------------------------------------------------------------
942,563.69 6,461,696.00 0.00 0.00 129,766,017.76
===============================================================================
Run: 04/28/99 10:52:13
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-3 316.731765 34.062874 2.630657 36.693531 0.000000 282.668891
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 879.499680 185.392133 5.222931 190.615064 0.000000 694.107547
A-6 1000.000000 0.000000 6.021580 6.021580 0.000000 1000.000000
A-7 1000.000000 0.000000 6.021581 6.021581 0.000000 1000.000000
A-8 436.634358 37.679830 2.719892 40.399722 0.000000 398.954528
A-9 1000.000000 0.000000 6.125401 6.125401 0.000000 1000.000000
A-10 1000.000000 0.000000 6.229222 6.229222 0.000000 1000.000000
A-11 391.616772 0.368054 0.000000 0.368054 0.000000 391.248718
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-1 985.527488 0.708728 6.139070 6.847798 0.000000 984.818760
M-2 985.527482 0.708727 6.139069 6.847796 0.000000 984.818755
M-3 985.527488 0.708726 6.139070 6.847796 0.000000 984.818762
B-1 985.527481 0.708724 6.139074 6.847798 0.000000 984.818757
B-2 985.527541 0.708734 6.139064 6.847798 0.000000 984.818807
B-3 844.394981 0.607237 5.259920 5.867157 0.000000 843.787749
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:52:16 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 27,654.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 39,910.72
MASTER SERVICER ADVANCES THIS MONTH 1,141.89
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,566,159.99
(B) TWO MONTHLY PAYMENTS: 10 1,332,482.52
(C) THREE OR MORE MONTHLY PAYMENTS: 2 114,223.73
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 122,628.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 129,766,017.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,290
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 135,560.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,421,842.51
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.99749430 % 11.11930100 % 1.88320450 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.45418460 % 11.58299882 % 1.96189420 %
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 8.72182779
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.40
POOL TRADING FACTOR: 59.51765017
................................................................................
Run: 04/28/99 10:52:37 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 9,463,659.32 10.000000 % 1,169,658.88
A-4 76110FLP6 38,010,000.00 34,886,665.51 6.750000 % 6,433,124.00
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 1.044260 % 0.00
A-9-2 0.00 0.00 0.754426 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 8,027,310.94 7.250000 % 5,718.75
M-2 76110FLX9 5,420,000.00 5,351,540.61 7.250000 % 3,812.50
M-3 76110FLY2 4,065,000.00 4,013,655.44 7.250000 % 2,859.37
B-1 1,490,500.00 1,471,673.64 7.250000 % 1,048.44
B-2 677,500.00 668,942.57 7.250000 % 476.56
B-3 1,219,925.82 1,192,745.99 7.250000 % 849.72
- -------------------------------------------------------------------------------
271,005,025.82 182,926,656.02 7,617,548.22
===============================================================================
_______________________________________________________________________________
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 78,386.87 1,248,045.75 0.00 0.00 8,294,000.44
A-4 195,050.67 6,628,174.67 0.00 0.00 28,453,541.51
A-5 95,960.58 95,960.58 0.00 0.00 17,163,462.00
A-6 180,015.71 180,015.71 0.00 0.00 29,977,000.00
A-7 96,472.38 96,472.38 0.00 0.00 16,065,000.00
A-8 328,150.20 328,150.20 0.00 0.00 54,645,000.00
A-9-1 131,732.60 131,732.60 0.00 0.00 0.00
A-9-2 19,138.04 19,138.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,205.03 53,923.78 0.00 0.00 8,021,592.19
M-2 32,136.68 35,949.18 0.00 0.00 5,347,728.11
M-3 24,102.51 26,961.88 0.00 0.00 4,010,796.07
B-1 8,837.59 9,886.03 0.00 0.00 1,470,625.20
B-2 4,017.09 4,493.65 0.00 0.00 668,466.01
B-3 7,162.59 8,012.31 0.00 0.00 1,191,896.27
- -------------------------------------------------------------------------------
1,249,368.54 8,866,916.76 0.00 0.00 175,309,107.80
===============================================================================
Run: 04/28/99 10:52:37
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 411.973257 50.917744 3.412347 54.330091 0.000000 361.055513
A-4 917.828611 169.248198 5.131562 174.379760 0.000000 748.580413
A-5 1000.000000 0.000000 5.590980 5.590980 0.000000 1000.000000
A-6 1000.000000 0.000000 6.005128 6.005128 0.000000 1000.000000
A-7 1000.000000 0.000000 6.005128 6.005128 0.000000 1000.000000
A-8 1000.000000 0.000000 6.005128 6.005128 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-1 987.369119 0.703413 5.929278 6.632691 0.000000 986.665706
M-2 987.369116 0.703413 5.929277 6.632690 0.000000 986.665703
M-3 987.369112 0.703412 5.929277 6.632689 0.000000 986.665700
B-1 987.369098 0.703415 5.929279 6.632694 0.000000 986.665683
B-2 987.369107 0.703410 5.929284 6.632694 0.000000 986.665697
B-3 977.720096 0.696534 5.871332 6.567866 0.000000 977.023563
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:52:40 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 41,088.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 49,977.67
MASTER SERVICER ADVANCES THIS MONTH 540.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 4,732,847.21
(B) TWO MONTHLY PAYMENTS: 11 1,069,840.60
(C) THREE OR MORE MONTHLY PAYMENTS: 3 174,518.10
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 599,485.28
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 175,309,107.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,780
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 75,405.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 7,487,229.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.66984740 % 9.50791300 % 1.82223970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.18595100 % 9.91398370 % 1.90006530 %
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 8.59901127
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.79
POOL TRADING FACTOR: 64.68850800
................................................................................
Run: 04/28/99 10:52:43 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 97,894,853.44 7.250000 % 8,432,884.14
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 63,870,738.10 7.250000 % 54,450.50
A-5 7611OFMS9 76,250.57 65,115.53 0.000000 % 61.90
A-6-1 0.00 0.00 1.012435 % 0.00
A-6-2 0.00 0.00 0.709058 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,439,294.59 7.250000 % 8,899.61
M-2 7611OFMW0 6,524,000.00 6,423,878.33 7.250000 % 5,476.43
M-3 7611OFMX8 4,893,000.00 4,817,908.71 7.250000 % 4,107.32
B-1 7611OFMY6 1,794,000.00 1,766,468.06 7.250000 % 1,505.93
B-2 7611OFMZ3 816,000.00 803,477.11 7.250000 % 684.97
B-3 7611OFNA7 1,468,094.11 1,425,661.14 7.250000 % 890.16
- -------------------------------------------------------------------------------
326,202,444.68 222,650,395.01 8,508,960.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 588,698.85 9,021,582.99 0.00 0.00 89,461,969.30
A-2 60,135.84 60,135.84 0.00 0.00 10,000,000.00
A-3 151,199.53 151,199.53 0.00 0.00 25,143,000.00
A-4 384,092.00 438,542.50 0.00 0.00 63,816,287.60
A-5 0.00 61.90 0.00 0.00 65,053.63
A-6-1 146,800.94 146,800.94 0.00 0.00 0.00
A-6-2 28,136.54 28,136.54 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,777.57 71,677.18 0.00 0.00 10,430,394.98
M-2 38,630.53 44,106.96 0.00 0.00 6,418,401.90
M-3 28,972.90 33,080.22 0.00 0.00 4,813,801.39
B-1 10,622.80 12,128.73 0.00 0.00 1,764,962.13
B-2 4,831.78 5,516.75 0.00 0.00 802,792.14
B-3 8,573.33 9,463.49 0.00 0.00 1,424,445.74
- -------------------------------------------------------------------------------
1,513,472.61 10,022,433.57 0.00 0.00 214,141,108.81
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 489.548943 42.170853 2.943943 45.114796 0.000000 447.378090
A-2 1000.000000 0.000000 6.013584 6.013584 0.000000 1000.000000
A-3 1000.000000 0.000000 6.013584 6.013584 0.000000 1000.000000
A-4 983.890540 0.838777 5.916708 6.755485 0.000000 983.051762
A-5 853.967780 0.811797 0.000000 0.811797 0.000000 853.155983
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-1 984.653329 0.839427 5.921295 6.760722 0.000000 983.813901
M-2 984.653331 0.839428 5.921295 6.760723 0.000000 983.813903
M-3 984.653323 0.839428 5.921296 6.760724 0.000000 983.813895
B-1 984.653322 0.839426 5.921293 6.760719 0.000000 983.813896
B-2 984.653321 0.839424 5.921299 6.760723 0.000000 983.813897
B-3 971.096560 0.606337 5.839769 6.446106 0.000000 970.268684
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:52:44 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 45,537.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 46,494.68
MASTER SERVICER ADVANCES THIS MONTH 2,856.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,200,072.81
(B) TWO MONTHLY PAYMENTS: 8 836,437.60
(C) THREE OR MORE MONTHLY PAYMENTS: 5 552,469.50
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,443,122.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 214,141,108.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,067
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 366,488.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,319,471.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 29,390.89
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.46433690 % 9.74057300 % 1.79509010 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.01603560 % 10.11603909 % 1.86485130 %
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 8.52629271
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.79
POOL TRADING FACTOR: 65.64669036
................................................................................
Run: 04/28/99 10:52:48 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 69,633,741.53 7.000000 % 1,509,430.21
A-2 7611OFMD2 43,142.76 35,172.61 0.000000 % 240.75
A-3-1 0.00 0.00 1.084931 % 0.00
A-3-2 0.00 0.00 0.656861 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,874,098.95 7.000000 % 10,509.26
M-2 7611OFMH3 892,000.00 842,489.72 7.000000 % 3,080.60
M-3 7611OFMJ9 419,700.00 396,404.65 7.000000 % 1,449.47
B-1 7611OFMK6 367,000.00 346,629.75 7.000000 % 1,267.47
B-2 7611OFML4 262,400.00 247,835.51 7.000000 % 906.22
B-3 7611OFMM2 263,388.53 248,769.19 7.000000 % 909.63
- -------------------------------------------------------------------------------
104,940,731.29 74,625,141.91 1,527,793.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 405,606.46 1,915,036.67 0.00 0.00 68,124,311.32
A-2 0.00 240.75 0.00 0.00 34,931.86
A-3-1 53,401.89 53,401.89 0.00 0.00 0.00
A-3-2 8,457.60 8,457.60 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,741.21 27,250.47 0.00 0.00 2,863,589.69
M-2 4,907.38 7,987.98 0.00 0.00 839,409.12
M-3 2,309.00 3,758.47 0.00 0.00 394,955.18
B-1 2,019.07 3,286.54 0.00 0.00 345,362.28
B-2 1,443.61 2,349.83 0.00 0.00 246,929.29
B-3 1,449.04 2,358.67 0.00 0.00 247,859.56
- -------------------------------------------------------------------------------
496,335.26 2,024,128.87 0.00 0.00 73,097,348.30
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 698.783156 15.147318 4.070311 19.217629 0.000000 683.635839
A-2 815.261008 5.580311 0.000000 5.580311 0.000000 809.680697
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-1 944.495219 3.453585 5.501548 8.955133 0.000000 941.041633
M-2 944.495202 3.453587 5.501547 8.955134 0.000000 941.041614
M-3 944.495235 3.453586 5.501549 8.955135 0.000000 941.041649
B-1 944.495232 3.453597 5.501553 8.955150 0.000000 941.041635
B-2 944.495084 3.453582 5.501563 8.955145 0.000000 941.041502
B-3 944.495153 3.453567 5.501530 8.955097 0.000000 941.041586
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:52:49 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 15,468.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,109.35
SUBSERVICER ADVANCES THIS MONTH 13,508.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,009,298.20
(B) TWO MONTHLY PAYMENTS: 1 85,010.90
(C) THREE OR MORE MONTHLY PAYMENTS: 3 192,500.03
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 37,980.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,097,348.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 879
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 1,254,838.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.35536960 % 5.51413700 % 1.13049310 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.24125130 % 5.60615957 % 1.14990880 %
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 8.32204464
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 154.30
POOL TRADING FACTOR: 69.65584040
................................................................................
Run: 04/28/99 10:53:16 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 11,702,240.45 9.000000 % 1,042,976.81
A-3 76110FND1 62,824,125.00 45,474,509.24 7.000000 % 7,300,837.67
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 58,550,852.60 7.250000 % 35,954.49
A-8-1 0.00 0.00 0.936202 % 0.00
A-8-2 0.00 0.00 0.770194 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,308,903.40 7.250000 % 7,444.71
M-2 76110FNL3 4,471,600.00 4,418,157.92 7.250000 % 3,190.63
M-3 76110FNM1 4,471,500.00 4,418,059.11 7.250000 % 3,190.56
B-1 76110FNN9 1,639,600.00 1,620,004.42 7.250000 % 0.00
B-2 76110FNP4 745,200.00 736,293.78 7.250000 % 0.00
B-3 76110FNQ2 1,341,561.05 1,271,665.47 7.250000 % 0.00
- -------------------------------------------------------------------------------
298,104,002.05 211,377,845.39 8,393,594.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 87,344.87 1,130,321.68 0.00 0.00 10,659,263.64
A-3 263,992.73 7,564,830.40 0.00 0.00 38,173,671.57
A-4 138,515.93 138,515.93 0.00 0.00 24,294,118.00
A-5 156,328.17 156,328.17 0.00 0.00 26,000,000.00
A-6 135,783.29 135,783.29 0.00 0.00 22,583,041.00
A-7 352,044.14 387,998.63 0.00 0.00 58,514,898.11
A-8-1 131,456.41 131,456.41 0.00 0.00 0.00
A-8-2 26,869.59 26,869.59 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,983.54 69,428.25 0.00 0.00 10,301,458.69
M-2 26,564.72 29,755.35 0.00 0.00 4,414,967.29
M-3 26,564.12 29,754.68 0.00 0.00 4,414,868.55
B-1 4,047.21 4,047.21 0.00 0.00 1,620,004.42
B-2 0.00 0.00 0.00 0.00 736,293.78
B-3 0.00 0.00 0.00 0.00 1,269,045.49
- -------------------------------------------------------------------------------
1,411,494.72 9,805,089.59 0.00 0.00 202,981,630.54
===============================================================================
Run: 04/28/99 10:53:16
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-2 522.287216 46.549501 3.898323 50.447824 0.000000 475.737715
A-3 723.838322 116.210734 4.202092 120.412826 0.000000 607.627588
A-4 1000.000000 0.000000 5.701624 5.701624 0.000000 1000.000000
A-5 1000.000000 0.000000 6.012622 6.012622 0.000000 1000.000000
A-6 1000.000000 0.000000 6.012622 6.012622 0.000000 1000.000000
A-7 987.053895 0.606123 5.934782 6.540905 0.000000 986.447772
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-1 988.048555 0.713532 5.940763 6.654295 0.000000 987.335022
M-2 988.048555 0.713532 5.940764 6.654296 0.000000 987.335023
M-3 988.048554 0.713532 5.940763 6.654295 0.000000 987.335022
B-1 988.048561 0.000000 2.468413 2.468413 0.000000 988.048561
B-2 988.048551 0.000000 0.000000 0.000000 0.000000 988.048551
B-3 947.899814 0.000000 0.000000 0.000000 0.000000 945.946880
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:53:18 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 43,190.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 48,592.16
MASTER SERVICER ADVANCES THIS MONTH 799.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,453,970.37
(B) TWO MONTHLY PAYMENTS: 10 1,265,078.28
(C) THREE OR MORE MONTHLY PAYMENTS: 6 812,490.05
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 924,603.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 202,981,630.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,979
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 102,881.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,243,565.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.22636190 % 9.05729800 % 1.71634060 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.78881890 % 9.42513590 % 1.78604520 %
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 8.48159862
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.23
POOL TRADING FACTOR: 68.09087739
................................................................................
Run: 04/29/99 16:20:56 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 8,259,983.41 8.020488 % 708,787.21
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 8,259,983.41 708,787.21
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 52,801.20 761,588.41 0.00 0.00 7,551,196.20
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
52,801.20 761,588.41 0.00 0.00 7,551,196.20
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 328.853314 28.218825 2.102165 30.320990 0.000000 300.634489
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/29/99 16:20:57 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 2,466.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 357.11
SUBSERVICER ADVANCES THIS MONTH 786.81
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 62,249.84
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 44,567.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,551,196.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 61
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 702,231.98
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.45089992
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.01
POOL TRADING FACTOR: 30.06344890
................................................................................
Run: 04/28/99 10:53:38 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 19,852,329.71 7.250000 % 1,029,293.22
A-2 76110FNT6 30,750,000.00 234,971.41 7.250000 % 234,971.41
A-3 76110FNU3 40,799,000.00 40,799,000.00 7.250000 % 2,461,843.32
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 62,234,397.12 7.250000 % 45,959.53
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 52,836,604.61 7.000000 % 2,739,444.67
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 71,856,562.29 0.000000 % 2,483,394.20
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 2.255000 % 0.00
A-14 76110FPF4 0.00 0.00 12.245000 % 0.00
A-15 76110FPG2 26,249,000.00 16,543,503.03 7.000000 % 857,738.90
A-16 76110FPH0 2,386,273.00 1,503,955.00 10.000000 % 77,976.27
A-17 76110FPJ6 139,012.74 130,975.19 0.000000 % 128.42
A-18-1 0.00 0.00 0.911964 % 0.00
A-18-2 0.00 0.00 0.644988 % 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 16,069,571.55 7.250000 % 11,867.23
M-2 76110FPP2 5,422,000.00 5,356,194.55 7.250000 % 3,955.50
M-3 76110FPQ0 6,507,000.00 6,428,026.20 7.250000 % 4,747.04
B-1 76110FPR8 2,386,000.00 2,357,041.72 7.250000 % 1,740.65
B-2 76110FPS6 1,085,000.00 1,071,831.64 7.250000 % 791.54
B-3 76110FPT4 1,952,210.06 1,928,516.60 7.250000 % 1,424.16
- -------------------------------------------------------------------------------
433,792,422.80 320,682,895.62 9,955,276.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 119,491.88 1,148,785.10 0.00 0.00 18,823,036.49
A-2 1,414.30 236,385.71 0.00 0.00 0.00
A-3 245,570.64 2,707,413.96 0.00 0.00 38,337,156.68
A-4 40,598.39 40,598.39 0.00 0.00 6,745,000.00
A-5 25,493.12 25,493.12 0.00 0.00 4,235,415.00
A-6 63,193.86 63,193.86 0.00 0.00 10,499,000.00
A-7 374,591.06 420,550.59 0.00 0.00 62,188,437.59
A-8 0.00 0.00 0.00 0.00 0.00
A-9 307,059.02 3,046,503.69 0.00 0.00 50,097,159.94
A-10 10,966.40 10,966.40 0.00 0.00 0.00
A-11 0.00 2,483,394.20 0.00 0.00 69,373,168.09
A-12 216,253.61 216,253.61 0.00 0.00 0.00
A-13 33,631.16 33,631.16 0.00 0.00 0.00
A-14 182,622.44 182,622.44 0.00 0.00 0.00
A-15 96,142.29 953,881.19 0.00 0.00 15,685,764.13
A-16 12,486.01 90,462.28 0.00 0.00 1,425,978.73
A-17 0.00 128.42 0.00 0.00 130,846.77
A-18-1 184,653.17 184,653.17 0.00 0.00 0.00
A-18-2 41,121.86 41,121.86 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 96,723.32 108,590.55 0.00 0.00 16,057,704.32
M-2 32,239.12 36,194.62 0.00 0.00 5,352,239.05
M-3 38,690.52 43,437.56 0.00 0.00 6,423,279.16
B-1 14,187.12 15,927.77 0.00 0.00 2,355,301.07
B-2 6,451.39 7,242.93 0.00 0.00 1,071,040.10
B-3 11,607.81 13,031.97 0.00 0.00 1,927,092.44
- -------------------------------------------------------------------------------
2,155,188.49 12,110,464.55 0.00 0.00 310,727,619.56
===============================================================================
Run: 04/28/99 10:53:38
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-1 630.252697 32.677013 3.793513 36.470526 0.000000 597.575685
A-2 7.641347 7.641347 0.045993 7.687340 0.000000 0.000000
A-3 1000.000000 60.340776 6.019036 66.359812 0.000000 939.659224
A-4 1000.000000 0.000000 6.019035 6.019035 0.000000 1000.000000
A-5 1000.000000 0.000000 6.019037 6.019037 0.000000 1000.000000
A-6 1000.000000 0.000000 6.019036 6.019036 0.000000 1000.000000
A-7 987.863254 0.729528 5.945984 6.675512 0.000000 987.133726
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 773.154489 40.086110 4.493174 44.579284 0.000000 733.068379
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 718.290431 24.824431 0.000000 24.824431 0.000000 693.466000
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-15 630.252696 32.677013 3.662703 36.339716 0.000000 597.575684
A-16 630.252700 32.677013 5.232431 37.909444 0.000000 597.575687
A-17 942.181199 0.923800 0.000000 0.923800 0.000000 941.257398
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-1 987.863254 0.729528 5.945984 6.675512 0.000000 987.133726
M-2 987.863252 0.729528 5.945983 6.675511 0.000000 987.133724
M-3 987.863255 0.729528 5.945984 6.675512 0.000000 987.133727
B-1 987.863252 0.729526 5.945985 6.675511 0.000000 987.133726
B-2 987.863263 0.729530 5.945982 6.675512 0.000000 987.133733
B-3 987.863263 0.729527 5.945984 6.675511 0.000000 987.133750
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:53:41 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 65,482.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 55,801.10
MASTER SERVICER ADVANCES THIS MONTH 2,796.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 5,217,226.80
(B) TWO MONTHLY PAYMENTS: 11 874,284.62
(C) THREE OR MORE MONTHLY PAYMENTS: 5 990,198.05
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 293,251.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 310,727,619.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,853
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 360,164.27
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 9,718,434.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.63937500 % 8.68932300 % 1.67130180 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.31519610 % 8.95743435 % 1.72359600 %
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 8.37364017
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.31
POOL TRADING FACTOR: 71.63048574
................................................................................
Run: 04/28/99 10:54:00 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 27,468,559.89 7.000000 % 4,012,241.91
A-2 76110FPV9 117,395,000.00 77,073,319.79 7.000000 % 4,389,353.54
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 1.127291 % 0.00
A-6-2 0.00 0.00 0.942434 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,240,646.74 7.000000 % 8,267.23
M-2 76110FQD8 4,054,000.00 4,014,410.62 7.000000 % 2,952.50
M-3 76110FQE6 4,865,000.00 4,817,490.75 7.000000 % 3,543.15
B-1 76110FQF3 1,783,800.00 1,766,380.27 7.000000 % 1,299.13
B-2 76110FQG1 810,800.00 802,882.12 7.000000 % 590.50
B-3 76110FQH9 1,459,579.11 1,445,325.57 7.000000 % 1,038.08
- -------------------------------------------------------------------------------
324,327,779.11 246,911,015.75 8,419,286.04
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 159,491.27 4,171,733.18 0.00 0.00 23,456,317.98
A-2 447,512.41 4,836,865.95 0.00 0.00 72,683,966.25
A-3 298,328.76 298,328.76 0.00 0.00 51,380,000.00
A-4 10,811.37 10,811.37 0.00 0.00 1,862,000.00
A-5 377,643.10 377,643.10 0.00 0.00 65,040,000.00
A-6-1 173,547.36 173,547.36 0.00 0.00 0.00
A-6-2 47,943.90 47,943.90 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,266.80 73,534.03 0.00 0.00 11,232,379.51
M-2 23,308.96 26,261.46 0.00 0.00 4,011,458.12
M-3 27,971.90 31,515.05 0.00 0.00 4,813,947.60
B-1 10,256.17 11,555.30 0.00 0.00 1,765,081.14
B-2 4,661.79 5,252.29 0.00 0.00 802,291.62
B-3 8,392.03 9,430.11 0.00 0.00 1,444,287.49
- -------------------------------------------------------------------------------
1,655,135.82 10,074,421.86 0.00 0.00 238,491,729.71
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 427.021110 62.373564 2.479422 64.852986 0.000000 364.647545
A-2 656.529833 37.389612 3.812023 41.201635 0.000000 619.140221
A-3 1000.000000 0.000000 5.806321 5.806321 0.000000 1000.000000
A-4 1000.000000 0.000000 5.806321 5.806321 0.000000 1000.000000
A-5 1000.000000 0.000000 5.806321 5.806321 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-1 990.234484 0.728294 5.749619 6.477913 0.000000 989.506190
M-2 990.234489 0.728293 5.749620 6.477913 0.000000 989.506196
M-3 990.234481 0.728294 5.749620 6.477914 0.000000 989.506187
B-1 990.234483 0.728294 5.749619 6.477913 0.000000 989.506189
B-2 990.234484 0.728293 5.749618 6.477911 0.000000 989.506191
B-3 990.234486 0.711212 5.749623 6.460835 0.000000 989.523267
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:54:02 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 50,456.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 49,148.76
MASTER SERVICER ADVANCES THIS MONTH 2,489.13
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 5,120,081.94
(B) TWO MONTHLY PAYMENTS: 4 512,607.86
(C) THREE OR MORE MONTHLY PAYMENTS: 3 219,790.12
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 683,946.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 238,491,729.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,139
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 327,718.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 8,237,688.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.24460860 % 8.12946600 % 1.62592500 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.90763940 % 8.41026448 % 1.68209620 %
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 8.36171058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.95
POOL TRADING FACTOR: 73.53416669
................................................................................
Run: 04/28/99 10:54:17 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 12,494,492.60 6.750000 % 1,056,938.27
A-2 76110FQK2 158,282,400.00 98,882,913.74 6.500000 % 8,364,736.32
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 27,200,298.16 5.538750 % 1,646,001.68
A-5 76110FQN6 0.00 0.00 3.487025 % 0.00
A-6 76110FQP1 13,504,750.00 9,405,241.85 5.438750 % 577,299.68
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 135,027.30 0.000000 % 210.85
A-9-1 0.00 0.00 1.056166 % 0.00
A-9-2 0.00 0.00 0.767189 % 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 17,183,307.48 7.000000 % 15,140.67
M-2 76110FQW6 5,422,000.00 5,369,659.79 7.000000 % 4,731.35
M-3 76110FQX4 5,422,000.00 5,369,659.79 7.000000 % 4,731.35
B-1 76110FQY2 2,385,700.00 2,362,670.12 7.000000 % 2,081.81
B-2 76110FQZ9 1,084,400.00 1,073,931.98 7.000000 % 946.27
B-3 76110FRA3 1,952,351.82 1,933,505.15 7.000000 % 1,703.66
- -------------------------------------------------------------------------------
433,770,084.51 350,748,607.96 11,674,521.91
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 70,262.85 1,127,201.12 0.00 0.00 11,437,554.33
A-2 535,473.47 8,900,209.79 0.00 0.00 90,518,177.42
A-3 464,411.57 464,411.57 0.00 0.00 82,584,000.00
A-4 125,513.02 1,771,514.70 0.00 0.00 25,554,296.48
A-5 106,342.10 106,342.10 0.00 0.00 0.00
A-6 42,615.97 619,915.65 0.00 0.00 8,827,942.17
A-7 505,929.96 505,929.96 0.00 0.00 86,753,900.00
A-8 0.00 210.85 0.00 0.00 134,816.45
A-9-1 221,278.73 221,278.73 0.00 0.00 0.00
A-9-2 63,447.62 63,447.62 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-1 100,209.33 115,350.00 0.00 0.00 17,168,166.81
M-2 31,314.70 36,046.05 0.00 0.00 5,364,928.44
M-3 31,314.70 36,046.05 0.00 0.00 5,364,928.44
B-1 13,778.58 15,860.39 0.00 0.00 2,360,588.31
B-2 6,262.94 7,209.21 0.00 0.00 1,072,985.71
B-3 11,275.78 12,979.44 0.00 0.00 1,931,801.49
- -------------------------------------------------------------------------------
2,329,431.32 14,003,953.23 0.00 0.00 339,074,086.05
===============================================================================
Run: 04/28/99 10:54:17
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-1 624.724630 52.846914 3.513143 56.360057 0.000000 571.877716
A-2 624.724630 52.846914 3.383026 56.229940 0.000000 571.877716
A-3 1000.000000 0.000000 5.623505 5.623505 0.000000 1000.000000
A-4 699.436938 42.325800 3.227481 45.553281 0.000000 657.111138
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 696.439538 42.747899 3.155628 45.903527 0.000000 653.691639
A-7 1000.000000 0.000000 5.831783 5.831783 0.000000 1000.000000
A-8 973.291154 1.519829 0.000000 1.519829 0.000000 971.771325
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-1 990.346698 0.872621 5.775488 6.648109 0.000000 989.474077
M-2 990.346697 0.872621 5.775489 6.648110 0.000000 989.474076
M-3 990.346697 0.872621 5.775489 6.648110 0.000000 989.474076
B-1 990.346699 0.872620 5.775487 6.648107 0.000000 989.474079
B-2 990.346717 0.872621 5.775489 6.648110 0.000000 989.474096
B-3 990.346684 0.872619 5.775486 6.648105 0.000000 989.474064
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:54:19 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 71,937.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 60,779.47
MASTER SERVICER ADVANCES THIS MONTH 1,016.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 4,702,694.43
(B) TWO MONTHLY PAYMENTS: 8 1,030,841.09
(C) THREE OR MORE MONTHLY PAYMENTS: 5 654,896.29
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,767,949.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 339,074,086.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,957
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 136,287.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 11,365,431.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 54,375.49
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.50443680 % 7.96393200 % 1.53163130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.18602970 % 8.22770741 % 1.58299020 %
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 8.24944736
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.15
POOL TRADING FACTOR: 78.16908038
................................................................................
Run: 04/28/99 11:00:51 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 95,853,652.50 6.500000 % 1,387,660.79
A-2 76110FRC9 34,880,737.00 25,266,175.10 6.500000 % 2,211,262.62
A-3-1 0.00 0.00 1.249792 % 0.00
A-3-2 0.00 0.00 1.029239 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,765,214.54 6.500000 % 13,091.97
M-2 76110FRG0 785,100.00 752,755.29 6.500000 % 2,617.39
M-3 76110FRH8 707,000.00 677,872.87 6.500000 % 2,357.02
B-1 76110FRJ4 471,200.00 451,787.38 6.500000 % 1,570.90
B-2 76110FRK1 314,000.00 301,063.76 6.500000 % 1,046.82
B-3 76110FRL9 471,435.62 452,013.30 6.500000 % 1,571.69
- -------------------------------------------------------------------------------
157,074,535.62 127,520,534.74 3,621,179.20
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 518,496.44 1,906,157.23 0.00 0.00 94,465,991.71
A-2 136,671.08 2,347,933.70 0.00 0.00 23,054,912.48
A-3-1 102,395.62 102,395.62 0.00 0.00 0.00
A-3-2 24,898.82 24,898.82 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,366.99 33,458.96 0.00 0.00 3,752,122.57
M-2 4,071.84 6,689.23 0.00 0.00 750,137.90
M-3 3,666.78 6,023.80 0.00 0.00 675,515.85
B-1 2,443.83 4,014.73 0.00 0.00 450,216.48
B-2 1,628.53 2,675.35 0.00 0.00 300,016.94
B-3 2,445.06 4,016.75 0.00 0.00 415,330.42
- -------------------------------------------------------------------------------
817,084.99 4,438,264.19 0.00 0.00 123,864,244.35
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 829.772704 12.012511 4.488449 16.500960 0.000000 817.760193
A-2 724.358981 63.394951 3.918239 67.313190 0.000000 660.964030
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-1 958.801767 3.333835 5.186399 8.520234 0.000000 955.467932
M-2 958.801796 3.333830 5.186397 8.520227 0.000000 955.467966
M-3 958.801796 3.333833 5.186393 8.520226 0.000000 955.467963
B-1 958.801740 3.333829 5.186396 8.520225 0.000000 955.467912
B-2 958.801783 3.333822 5.186401 8.520223 0.000000 955.467962
B-3 958.801755 3.333838 5.186413 8.520251 0.000000 880.990749
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:00:52 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 26,224.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 17,726.66
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,741,669.37
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 26,169.97
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 123,864,244.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,376
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 2,867,186.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.98064590 % 4.07451500 % 0.94483950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.87879640 % 4.18020257 % 0.94100110 %
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 7.97511700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 159.67
POOL TRADING FACTOR: 78.85698586
................................................................................
Run: 04/28/99 11:00:56 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 89,644,914.02 6.500000 % 5,108,403.96
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 29,877,783.49 5.438750 % 1,277,100.99
A-I-4 76110FRQ8 0.00 0.00 3.561250 % 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 64,013,310.74 7.000000 % 1,441,604.28
A-V-1 0.00 0.00 0.895258 % 0.00
A-V-2 0.00 0.00 0.650147 % 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 14,052,097.77 7.000000 % 10,445.54
M-2 76110FRY1 5,067,800.00 5,018,549.76 7.000000 % 3,730.51
M-3 76110FRZ8 5,067,800.00 5,018,549.76 7.000000 % 3,730.51
B-1 76110FSA2 2,230,000.00 2,208,328.25 7.000000 % 1,641.55
B-2 76110FSB0 1,216,400.00 1,204,578.70 7.000000 % 895.42
B-3 76110FSC8 1,621,792.30 1,606,031.32 7.000000 % 1,193.83
- -------------------------------------------------------------------------------
405,421,992.30 337,244,588.81 7,848,746.59
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 485,457.82 5,593,861.78 0.00 0.00 84,536,510.06
A-I-2 335,912.80 335,912.80 0.00 0.00 59,732,445.00
A-I-3 135,381.70 1,412,482.69 0.00 0.00 28,600,682.50
A-I-4 88,646.86 88,646.86 0.00 0.00 0.00
A-I-5 378,304.09 378,304.09 0.00 0.00 64,868,000.00
A-II 373,328.26 1,814,932.54 0.00 0.00 62,571,706.46
A-V-1 199,863.54 199,863.54 0.00 0.00 0.00
A-V-2 37,529.04 37,529.04 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 81,715.28 92,160.82 0.00 0.00 14,041,652.23
M-2 29,183.70 32,914.21 0.00 0.00 5,014,819.25
M-3 29,183.70 32,914.21 0.00 0.00 5,014,819.25
B-1 12,841.79 14,483.34 0.00 0.00 2,206,686.70
B-2 7,004.83 7,900.25 0.00 0.00 1,203,683.28
B-3 9,339.34 10,533.17 0.00 0.00 1,604,837.49
- -------------------------------------------------------------------------------
2,203,692.75 10,052,439.34 0.00 0.00 329,395,842.22
===============================================================================
Run: 04/28/99 11:00:56
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-1 664.004921 37.838236 3.595813 41.434049 0.000000 626.166686
A-I-2 1000.000000 0.000000 5.623624 5.623624 0.000000 1000.000000
A-I-3 724.869502 30.983944 3.284516 34.268460 0.000000 693.885558
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831906 5.831906 0.000000 1000.000000
A-II 851.206877 19.169505 4.964274 24.133779 0.000000 832.037372
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-1 990.281732 0.736120 5.758653 6.494773 0.000000 989.545612
M-2 990.281732 0.736120 5.758652 6.494772 0.000000 989.545612
M-3 990.281732 0.736120 5.758652 6.494772 0.000000 989.545612
B-1 990.281726 0.736121 5.758650 6.494771 0.000000 989.545605
B-2 990.281733 0.736123 5.758653 6.494776 0.000000 989.545610
B-3 990.281752 0.736118 5.758655 6.494773 0.000000 989.545634
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:00:57 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 69,486.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 66,621.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 56 6,078,799.70
(B) TWO MONTHLY PAYMENTS: 5 752,157.03
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,028,006.09
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 978,356.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 329,395,842.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,890
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 7,598,117.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.36883540 % 7.14294600 % 1.48821910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.16974340 % 7.30770934 % 1.52254730 %
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 8.17377000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.09
POOL TRADING FACTOR: 81.24765022
................................................................................
Run: 04/28/99 10:54:52 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 151,551,000.00 106,203,711.91 6.750000 % 4,927,795.23
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 1.070433 % 0.00
A-6-2 0.00 0.00 0.861405 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,548,612.64 6.750000 % 17,206.57
M-2 76110FSM6 4,216,900.00 4,182,870.87 6.750000 % 5,735.52
M-3 76110FSN4 4,392,600.00 4,357,153.03 6.750000 % 5,974.50
B-1 76110FSP9 1,757,100.00 1,742,920.73 6.750000 % 2,389.88
B-2 76110FSQ7 1,054,300.00 1,045,792.12 6.750000 % 1,433.98
B-3 76110FSR5 1,405,623.28 1,394,280.30 6.750000 % 1,911.82
- -------------------------------------------------------------------------------
351,405,323.28 305,852,341.60 4,962,447.50
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 597,281.77 5,525,077.00 0.00 0.00 101,275,916.68
A-2 427,061.22 427,061.22 0.00 0.00 75,936,500.00
A-3 98,338.84 98,338.84 0.00 0.00 17,485,800.00
A-4 74,037.30 74,037.30 0.00 0.00 13,164,700.00
A-5 381,245.91 381,245.91 0.00 0.00 67,790,000.00
A-6-1 206,870.69 206,870.69 0.00 0.00 0.00
A-6-2 53,036.12 53,036.12 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,572.47 87,779.04 0.00 0.00 12,531,406.07
M-2 23,524.16 29,259.68 0.00 0.00 4,177,135.35
M-3 24,504.31 30,478.81 0.00 0.00 4,351,178.53
B-1 9,802.06 12,191.94 0.00 0.00 1,740,530.85
B-2 5,881.46 7,315.44 0.00 0.00 1,044,358.14
B-3 7,841.33 9,753.15 0.00 0.00 1,392,368.48
- -------------------------------------------------------------------------------
1,979,997.64 6,942,445.14 0.00 0.00 300,889,894.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 700.778694 32.515755 3.941127 36.456882 0.000000 668.262939
A-2 1000.000000 0.000000 5.623926 5.623926 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623926 5.623926 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623926 5.623926 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623926 5.623926 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-1 991.930300 1.360128 5.578543 6.938671 0.000000 990.570172
M-2 991.930297 1.360127 5.578543 6.938670 0.000000 990.570170
M-3 991.930299 1.360128 5.578543 6.938671 0.000000 990.570170
B-1 991.930300 1.360127 5.578544 6.938671 0.000000 990.570172
B-2 991.930304 1.360125 5.578545 6.938670 0.000000 990.570179
B-3 991.930284 1.360094 5.578543 6.938637 0.000000 990.570162
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:54:53 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 63,135.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,110.37
SUBSERVICER ADVANCES THIS MONTH 63,782.03
MASTER SERVICER ADVANCES THIS MONTH 878.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 60 7,204,158.34
(B) TWO MONTHLY PAYMENTS: 8 741,101.90
(C) THREE OR MORE MONTHLY PAYMENTS: 3 271,510.91
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 441,258.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 300,889,894.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,481
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 116,137.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,543,065.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.73731040 % 6.89503800 % 1.36765120 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.61255400 % 6.99914499 % 1.38830100 %
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 8.09891496
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.12
POOL TRADING FACTOR: 85.62473991
................................................................................
Run: 04/28/99 11:01:01 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 17,552,724.72 6.750000 % 397,225.37
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 11,266,431.44 6.750000 % 762,672.72
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 115,066,304.80 6.750000 % 3,247,575.64
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 61,679,122.01 6.750000 % 1,863,926.18
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 7,921,829.74 6.750000 % 206,971.83
A-P 76110FTE3 57,464.36 55,008.96 0.000000 % 102.86
A-V-1 0.00 0.00 1.017377 % 0.00
A-V-2 0.00 0.00 0.781485 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,980,557.75 6.750000 % 9,562.87
M-2 76110FTH6 5,029,000.00 4,992,484.04 6.750000 % 3,678.00
M-3 76110FTJ2 4,224,500.00 4,193,825.57 6.750000 % 3,089.62
B-1 76110FTK9 2,011,600.00 1,996,993.62 6.750000 % 1,471.20
B-2 76110FTL7 1,207,000.00 1,198,235.88 6.750000 % 882.75
B-3 76110FTM5 1,609,449.28 1,597,762.87 6.750000 % 1,177.08
- -------------------------------------------------------------------------------
402,311,611.64 352,229,404.40 6,498,336.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 98,693.01 495,918.38 0.00 0.00 17,155,499.35
CB-2 221,044.15 221,044.15 0.00 0.00 39,313,092.00
CB-3 77,670.90 77,670.90 0.00 0.00 13,813,906.00
CB-4 63,347.32 826,020.04 0.00 0.00 10,503,758.72
CB-5 115,264.53 115,264.53 0.00 0.00 20,500,000.00
CB-6 646,978.73 3,894,554.37 0.00 0.00 111,818,729.16
CB-7 159,900.73 159,900.73 0.00 0.00 28,438,625.00
NB-1 346,885.63 2,210,811.81 0.00 0.00 59,815,195.83
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,342.25 54,342.25 0.00 0.00 9,662,500.00
NB-4 44,552.66 251,524.49 0.00 0.00 7,714,857.91
A-P 0.00 102.86 0.00 0.00 54,906.10
A-V-1 228,007.40 228,007.40 0.00 0.00 0.00
A-V-2 54,152.00 54,152.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,985.60 82,548.47 0.00 0.00 12,970,994.88
M-2 28,071.17 31,749.17 0.00 0.00 4,988,806.04
M-3 23,580.57 26,670.19 0.00 0.00 4,190,735.95
B-1 11,228.47 12,699.67 0.00 0.00 1,995,522.42
B-2 6,737.31 7,620.06 0.00 0.00 1,197,353.13
B-3 8,983.72 10,160.80 0.00 0.00 1,596,585.81
- -------------------------------------------------------------------------------
2,262,426.15 8,760,762.27 0.00 0.00 345,731,068.30
===============================================================================
Run: 04/28/99 11:01:01
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-1 870.050483 19.689600 4.891998 24.581598 0.000000 850.360883
CB-2 1000.000000 0.000000 5.622660 5.622660 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622660 5.622660 0.000000 1000.000000
CB-4 691.192113 46.789737 3.886339 50.676076 0.000000 644.402376
CB-5 1000.000000 0.000000 5.622660 5.622660 0.000000 1000.000000
CB-6 842.976592 23.791763 4.739771 28.531534 0.000000 819.184829
CB-7 1000.000000 0.000000 5.622660 5.622660 0.000000 1000.000000
NB-1 812.631300 24.557495 4.570268 29.127763 0.000000 788.073805
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.624036 5.624036 0.000000 1000.000000
NB-4 792.182974 20.697183 4.455266 25.152449 0.000000 771.485791
A-P 957.270907 1.790053 0.000000 1.790053 0.000000 955.480854
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-1 992.738920 0.731358 5.581859 6.313217 0.000000 992.007562
M-2 992.738922 0.731358 5.581859 6.313217 0.000000 992.007564
M-3 992.738921 0.731358 5.581861 6.313219 0.000000 992.007563
B-1 992.738924 0.731358 5.581860 6.313218 0.000000 992.007566
B-2 992.738923 0.731359 5.581864 6.313223 0.000000 992.007564
B-3 992.738876 0.731356 5.581860 6.313216 0.000000 992.007530
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:03 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 72,717.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,472.40
SUBSERVICER ADVANCES THIS MONTH 59,822.89
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,675,160.82
(B) TWO MONTHLY PAYMENTS: 8 1,287,742.76
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,242,291.03
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 928,843.64
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 345,731,068.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,769
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 6,238,853.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.34474170 % 6.29330400 % 1.36075870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.20657910 % 6.40686907 % 1.38553420 %
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 8.03884800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.33
POOL TRADING FACTOR: 85.93613962
................................................................................
Run: 04/28/99 11:01:07 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FTZ6 172,668,000.00 146,247,042.61 6.750000 % 4,485,347.94
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 54,519,466.27 6.750000 % 2,064,095.66
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 72,755.07 0.000000 % 69.54
A-V 76110FUG6 0.00 0.00 0.948503 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,162,574.77 6.750000 % 9,658.56
M-2 76110FUK5 5,094,600.00 5,062,551.69 6.750000 % 3,714.85
M-3 76110FUM3 4,279,400.00 4,252,479.82 6.750000 % 3,120.43
B-1 76110FUN1 2,037,800.00 2,024,980.93 6.750000 % 1,485.91
B-2 76110FUP6 1,222,600.00 1,214,909.07 6.750000 % 891.49
B-3 76110FUQ4 1,631,527.35 1,621,263.98 6.750000 % 1,189.67
- -------------------------------------------------------------------------------
407,565,332.24 353,870,024.21 6,569,574.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 822,390.61 5,307,738.55 0.00 0.00 141,761,694.67
CB-2 199,913.85 199,913.85 0.00 0.00 35,551,000.00
CB-3 248,634.10 248,634.10 0.00 0.00 44,215,000.00
NB-1 181,341.28 181,341.28 0.00 0.00 32,242,000.00
NB-2 306,638.23 2,370,733.89 0.00 0.00 52,455,370.61
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,964.03 76,964.03 0.00 0.00 13,684,000.00
A-P 0.00 69.54 0.00 0.00 72,685.53
A-V 279,637.74 279,637.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 74,019.18 83,677.74 0.00 0.00 13,152,916.21
M-2 28,469.04 32,183.89 0.00 0.00 5,058,836.84
M-3 23,913.64 27,034.07 0.00 0.00 4,249,359.39
B-1 11,387.40 12,873.31 0.00 0.00 2,023,495.02
B-2 6,831.99 7,723.48 0.00 0.00 1,214,017.58
B-3 9,117.11 10,306.78 0.00 0.00 1,620,074.33
- -------------------------------------------------------------------------------
2,269,258.20 8,838,832.25 0.00 0.00 347,300,450.18
===============================================================================
Run: 04/28/99 11:01:07
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7(POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 846.984054 25.976718 4.762843 30.739561 0.000000 821.007336
CB-2 1000.000000 0.000000 5.623298 5.623298 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623298 5.623298 0.000000 1000.000000
NB-1 1000.000000 0.000000 5.624381 5.624381 0.000000 1000.000000
NB-2 700.404243 26.517159 3.939340 30.456499 0.000000 673.887084
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624381 5.624381 0.000000 1000.000000
A-P 991.147456 0.947333 0.000000 0.947333 0.000000 990.200124
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.709357 0.729174 5.588082 6.317256 0.000000 992.980183
M-2 993.709357 0.729174 5.588081 6.317255 0.000000 992.980183
M-3 993.709356 0.729175 5.588082 6.317257 0.000000 992.980182
B-1 993.709358 0.729174 5.588085 6.317259 0.000000 992.980185
B-2 993.709365 0.729176 5.588083 6.317259 0.000000 992.980190
B-3 993.709348 0.729176 5.588083 6.317259 0.000000 992.980185
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:09 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 72,958.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,830.70
SUBSERVICER ADVANCES THIS MONTH 53,646.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,494,897.99
(B) TWO MONTHLY PAYMENTS: 6 1,071,638.60
(C) THREE OR MORE MONTHLY PAYMENTS: 3 230,404.25
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 509,694.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 347,300,450.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,605
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 6,310,018.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.27276110 % 6.35193800 % 1.37371170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.13234020 % 6.46734331 % 1.39896270 %
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 8.02422900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.54
POOL TRADING FACTOR: 85.21344253
................................................................................
Run: 04/28/99 11:01:12 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 124,454,000.00 112,438,889.64 6.500000 % 2,058,750.62
NB 76110FTP8 41,430,000.00 34,083,120.06 6.500000 % 677,247.44
A-P 76110FTQ6 63,383.01 61,257.22 0.000000 % 253.09
A-V 76110FTV5 0.00 0.00 0.940681 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,378,878.52 6.500000 % 14,761.93
M-2 76110FTT0 780,000.00 757,826.77 6.500000 % 2,554.76
M-3 76110FTU7 693,500.00 673,785.71 6.500000 % 2,271.44
B-1 76110FTW3 520,000.00 505,217.85 6.500000 % 1,703.17
B-2 76110FTX1 433,500.00 421,176.80 6.500000 % 1,419.86
B-3 76110FTY9 433,464.63 421,142.43 6.500000 % 1,419.71
- -------------------------------------------------------------------------------
173,314,947.64 153,741,295.00 2,760,382.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 608,515.83 2,667,266.45 0.00 0.00 110,380,139.02
NB 184,456.80 861,704.24 0.00 0.00 33,405,872.62
A-P 0.00 253.09 0.00 0.00 61,004.13
A-V 120,413.45 120,413.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,698.36 38,460.29 0.00 0.00 4,364,116.59
M-2 4,101.34 6,656.10 0.00 0.00 755,272.01
M-3 3,646.51 5,917.95 0.00 0.00 671,514.27
B-1 2,734.23 4,437.40 0.00 0.00 503,514.68
B-2 2,279.39 3,699.25 0.00 0.00 419,756.94
B-3 2,279.21 3,698.92 0.00 0.00 419,722.69
- -------------------------------------------------------------------------------
952,125.12 3,712,507.14 0.00 0.00 150,980,912.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 903.457419 16.542262 4.889484 21.431746 0.000000 886.915158
NB 822.667634 16.346788 4.452252 20.799040 0.000000 806.320845
A-P 966.461202 3.992970 0.000000 3.992970 0.000000 962.468231
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 971.572780 3.275334 5.258123 8.533457 0.000000 968.297446
M-2 971.572782 3.275333 5.258128 8.533461 0.000000 968.297449
M-3 971.572761 3.275328 5.258125 8.533453 0.000000 968.297433
B-1 971.572788 3.275327 5.258135 8.533462 0.000000 968.297462
B-2 971.572780 3.275340 5.258108 8.533448 0.000000 968.297439
B-3 971.572767 3.275261 5.258122 8.533383 0.000000 968.297428
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:14 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 31,806.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,094.20
SUBSERVICER ADVANCES THIS MONTH 36,792.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,340,942.53
(B) TWO MONTHLY PAYMENTS: 1 77,566.59
(C) THREE OR MORE MONTHLY PAYMENTS: 1 468,926.25
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 150,980,912.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,595
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 2,242,074.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.34225250 % 3.77939500 % 0.87649650 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.27305760 % 3.83551984 % 0.88987220 %
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 7.76561800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 164.49
POOL TRADING FACTOR: 87.11361311
................................................................................
Run: 04/28/99 10:55:22 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 20,994,225.53 6.750000 % 868,853.27
A-2 76110FUS0 29,011,000.00 14,836,647.10 6.750000 % 3,074,419.95
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 16,086,455.34 6.750000 % 11,375.28
A-11 76110FVB6 10,998.00 10,772.58 0.000000 % 10.59
A-12 76110FVC4 0.00 0.00 1.015856 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,797,313.73 6.750000 % 3,392.34
M-2 76110FVF7 2,011,300.00 1,998,930.40 6.750000 % 1,413.51
M-3 76110FVG5 2,011,300.00 1,998,930.40 6.750000 % 1,413.51
B-1 76110FVH3 884,900.00 879,457.83 6.750000 % 621.89
B-2 76110FVJ9 482,700.00 479,731.36 6.750000 % 339.23
B-3 76110FVK6 643,577.01 639,618.96 6.750000 % 452.32
- -------------------------------------------------------------------------------
160,885,875.01 142,539,083.23 3,962,291.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 117,994.54 986,847.81 0.00 0.00 20,125,372.26
A-2 83,386.90 3,157,806.85 0.00 0.00 11,762,227.15
A-3 69,883.22 69,883.22 0.00 0.00 12,434,000.00
A-4 97,816.28 97,816.28 0.00 0.00 17,404,000.00
A-5 44,012.83 44,012.83 0.00 0.00 7,831,000.00
A-6 77,858.48 77,858.48 0.00 0.00 13,853,000.00
A-7 83,664.28 83,664.28 0.00 0.00 14,886,000.00
A-8 47,261.39 47,261.39 0.00 0.00 8,409,000.00
A-9 28,101.67 28,101.67 0.00 0.00 5,000,000.00
A-10 90,411.23 101,786.51 0.00 0.00 16,075,080.06
A-11 0.00 10.59 0.00 0.00 10,761.99
A-12 120,565.84 120,565.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,962.50 30,354.84 0.00 0.00 4,793,921.39
M-2 11,234.65 12,648.16 0.00 0.00 1,997,516.89
M-3 11,234.65 12,648.16 0.00 0.00 1,997,516.89
B-1 4,942.85 5,564.74 0.00 0.00 878,835.94
B-2 2,696.25 3,035.48 0.00 0.00 479,392.13
B-3 3,594.87 4,047.19 0.00 0.00 639,166.64
- -------------------------------------------------------------------------------
921,622.43 4,883,914.32 0.00 0.00 138,576,791.34
===============================================================================
Run: 04/28/99 10:55:22
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-1 839.769021 34.754131 4.719782 39.473913 0.000000 805.014890
A-2 511.414536 105.974284 2.874320 108.848604 0.000000 405.440252
A-3 1000.000000 0.000000 5.620333 5.620333 0.000000 1000.000000
A-4 1000.000000 0.000000 5.620333 5.620333 0.000000 1000.000000
A-5 1000.000000 0.000000 5.620333 5.620333 0.000000 1000.000000
A-6 1000.000000 0.000000 5.620334 5.620334 0.000000 1000.000000
A-7 1000.000000 0.000000 5.620333 5.620333 0.000000 1000.000000
A-8 1000.000000 0.000000 5.620334 5.620334 0.000000 1000.000000
A-9 1000.000000 0.000000 5.620334 5.620334 0.000000 1000.000000
A-10 993.849953 0.702785 5.585767 6.288552 0.000000 993.147168
A-11 979.503546 0.962902 0.000000 0.962902 0.000000 978.540644
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-1 993.849954 0.702784 5.585768 6.288552 0.000000 993.147170
M-2 993.849948 0.702784 5.585765 6.288549 0.000000 993.147164
M-3 993.849948 0.702784 5.585765 6.288549 0.000000 993.147164
B-1 993.849960 0.702780 5.585772 6.288552 0.000000 993.147181
B-2 993.849927 0.702776 5.585768 6.288544 0.000000 993.147151
B-3 993.849920 0.702791 5.585765 6.288556 0.000000 993.147098
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:55:25 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 29,211.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 25,586.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,266,688.18
(B) TWO MONTHLY PAYMENTS: 3 548,980.34
(C) THREE OR MORE MONTHLY PAYMENTS: 1 212,909.52
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 478,550.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 138,576,791.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,058
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 3,861,494.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.42677990 % 6.17082600 % 1.40239380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.21573290 % 6.34229952 % 1.44147500 %
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 8.09358610
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.50
POOL TRADING FACTOR: 86.13359708
................................................................................
Run: 04/28/99 10:55:28 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 59,973,933.38 6.750000 % 6,943,370.15
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 5.738750 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 9.783170 % 0.00
A-10 76110FVU2 7,590,000.00 7,341,262.14 6.750000 % 31,458.38
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 77,290.43 0.000000 % 68.80
A-14 76110FVZ3 0.00 0.00 0.945332 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,702,255.55 6.750000 % 8,567.78
M-2 76110FWC3 5,349,900.00 5,319,107.65 6.750000 % 3,894.37
M-3 76110FWD1 5,349,900.00 5,319,107.65 6.750000 % 3,894.37
B-1 76110FWE9 2,354,000.00 2,340,451.12 6.750000 % 1,713.56
B-2 76110FWF6 1,284,000.00 1,276,609.69 6.750000 % 934.67
B-3 76110FWG4 1,712,259.01 1,702,403.74 6.750000 % 1,246.40
- -------------------------------------------------------------------------------
427,987,988.79 388,552,421.35 6,995,148.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 337,289.90 7,280,660.05 0.00 0.00 53,030,563.23
A-2 241,829.48 241,829.48 0.00 0.00 43,000,000.00
A-3 337,436.49 337,436.49 0.00 0.00 60,000,000.00
A-4 151,846.42 151,846.42 0.00 0.00 27,000,000.00
A-5 295,256.93 295,256.93 0.00 0.00 52,500,000.00
A-6 205,273.86 205,273.86 0.00 0.00 36,500,000.00
A-7 140,598.54 140,598.54 0.00 0.00 25,000,000.00
A-8 49,750.38 49,750.38 0.00 0.00 10,405,000.00
A-9 28,276.19 28,276.19 0.00 0.00 3,469,000.00
A-10 41,286.83 72,745.21 0.00 0.00 7,309,803.76
A-11 42,179.56 42,179.56 0.00 0.00 7,500,000.00
A-12 158,178.98 158,178.98 0.00 0.00 28,126,000.00
A-13 0.00 68.80 0.00 0.00 77,221.63
A-14 306,034.81 306,034.81 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,812.80 74,380.58 0.00 0.00 11,693,687.77
M-2 29,914.35 33,808.72 0.00 0.00 5,315,213.28
M-3 29,914.35 33,808.72 0.00 0.00 5,315,213.28
B-1 13,162.56 14,876.12 0.00 0.00 2,338,737.56
B-2 7,179.58 8,114.25 0.00 0.00 1,275,675.02
B-3 9,574.22 10,820.62 0.00 0.00 1,701,157.34
- -------------------------------------------------------------------------------
2,490,796.23 9,485,944.71 0.00 0.00 381,557,272.87
===============================================================================
Run: 04/28/99 10:55:28
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-1 605.797307 70.135052 3.406969 73.542021 0.000000 535.662255
A-2 1000.000000 0.000000 5.623941 5.623941 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623942 5.623942 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623941 5.623941 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623942 5.623942 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623941 5.623941 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623942 5.623942 0.000000 1000.000000
A-8 1000.000000 0.000000 4.781392 4.781392 0.000000 1000.000000
A-9 1000.000000 0.000000 8.151107 8.151107 0.000000 1000.000000
A-10 967.228213 4.144714 5.439635 9.584349 0.000000 963.083499
A-11 1000.000000 0.000000 5.623941 5.623941 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623942 5.623942 0.000000 1000.000000
A-13 993.070133 0.883980 0.000000 0.883980 0.000000 992.186153
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-1 994.244312 0.727934 5.591572 6.319506 0.000000 993.516378
M-2 994.244313 0.727933 5.591572 6.319505 0.000000 993.516380
M-3 994.244313 0.727933 5.591572 6.319505 0.000000 993.516380
B-1 994.244316 0.727935 5.591572 6.319507 0.000000 993.516381
B-2 994.244307 0.727936 5.591573 6.319509 0.000000 993.516371
B-3 994.244288 0.727933 5.591572 6.319505 0.000000 993.516361
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:55:30 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 80,106.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 642.48
SUBSERVICER ADVANCES THIS MONTH 62,785.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 6,184,202.65
(B) TWO MONTHLY PAYMENTS: 4 754,861.22
(C) THREE OR MORE MONTHLY PAYMENTS: 3 323,744.97
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 1,380,638.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 381,557,272.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,914
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 6,710,658.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.87986970 % 5.75081100 % 1.36931920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.75461870 % 5.85078989 % 1.39340700 %
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 8.02183648
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.65
POOL TRADING FACTOR: 89.15139744
................................................................................
Run: 04/28/99 10:55:57 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 75,231,356.59 6.750000 % 10,189,036.35
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 5.763440 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 9.921511 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 62,377.99 0.000000 % 83.58
A-11 76110FWT6 0.00 0.00 0.897051 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,126,013.22 6.750000 % 9,542.54
M-2 76110FWW9 6,000,000.00 5,966,912.09 6.750000 % 4,337.91
M-3 76110FWX7 4,799,500.00 4,773,032.43 6.750000 % 3,469.97
B-1 76110FWY5 2,639,600.00 2,625,043.53 6.750000 % 1,908.39
B-2 76110FWZ2 1,439,500.00 1,431,561.66 6.750000 % 1,040.74
B-3 76110FXA6 1,919,815.88 1,909,228.79 6.750000 % 1,388.00
- -------------------------------------------------------------------------------
479,943,188.77 442,891,526.30 10,210,807.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 423,093.87 10,612,130.22 0.00 0.00 65,042,320.24
A-2 269,761.77 269,761.77 0.00 0.00 47,967,000.00
A-3 379,731.57 379,731.57 0.00 0.00 67,521,000.00
A-4 170,662.97 170,662.97 0.00 0.00 30,346,000.00
A-5 256,506.23 256,506.23 0.00 0.00 45,610,000.00
A-6 161,001.10 161,001.10 0.00 0.00 28,628,000.00
A-7 77,882.50 77,882.50 0.00 0.00 16,219,000.00
A-8 41,711.82 41,711.82 0.00 0.00 5,046,000.00
A-9 542,307.37 542,307.37 0.00 0.00 96,429,000.00
A-10 0.00 83.58 0.00 0.00 62,294.41
A-11 331,015.58 331,015.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,819.42 83,361.96 0.00 0.00 13,116,470.68
M-2 33,557.34 37,895.25 0.00 0.00 5,962,574.18
M-3 26,843.08 30,313.05 0.00 0.00 4,769,562.46
B-1 14,762.99 16,671.38 0.00 0.00 2,623,135.14
B-2 8,050.96 9,091.70 0.00 0.00 1,430,520.92
B-3 10,737.32 12,125.32 0.00 0.00 1,907,840.79
- -------------------------------------------------------------------------------
2,821,445.89 13,032,253.37 0.00 0.00 432,680,718.82
===============================================================================
Run: 04/28/99 10:55:57
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-1 671.007578 90.878603 3.773682 94.652285 0.000000 580.128975
A-2 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-7 1000.000000 0.000000 4.801930 4.801930 0.000000 1000.000000
A-8 1000.000000 0.000000 8.266314 8.266314 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623903 5.623903 0.000000 1000.000000
A-10 992.128563 1.329349 0.000000 1.329349 0.000000 990.799214
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-1 994.485349 0.722985 5.592889 6.315874 0.000000 993.762363
M-2 994.485348 0.722985 5.592890 6.315875 0.000000 993.762363
M-3 994.485348 0.722986 5.592891 6.315877 0.000000 993.762363
B-1 994.485350 0.722985 5.592889 6.315874 0.000000 993.762366
B-2 994.485349 0.722987 5.592886 6.315873 0.000000 993.762362
B-3 994.485362 0.722986 5.592891 6.315877 0.000000 993.762376
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:55:59 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 91,274.78
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 78,371.78
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 59 7,866,395.30
(B) TWO MONTHLY PAYMENTS: 10 1,709,443.44
(C) THREE OR MORE MONTHLY PAYMENTS: 5 724,848.83
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 443,124.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 432,680,718.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,303
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 9,888,817.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.26336310 % 5.38942800 % 1.34720900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.10937710 % 5.51182576 % 1.37800350 %
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 7.97219163
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.63
POOL TRADING FACTOR: 90.15248657
................................................................................
Run: 04/28/99 11:01:24 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 188,037,444.00 177,624,782.13 7.000000 % 3,000,192.94
CB-2 76110FXP8 6,964,350.00 6,578,695.83 0.000000 % 111,118.26
NB-1 76110FXQ1 25,499,800.00 21,279,107.28 6.750000 % 1,017,276.15
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 13,045,197.44 6.400000 % 531,137.83
NB-8 76110FXX6 20,899,000.00 18,478,028.37 6.100000 % 583,477.68
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 57,194.99 0.000000 % 57.95
A-V 76110FYA5 0.00 0.00 0.846985 % 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 8,765,326.63 6.750000 % 6,361.00
M-2 76110FYE7 4,001,000.00 3,984,103.58 6.750000 % 2,891.26
M-3 76110FYF4 3,201,000.00 3,187,482.02 6.750000 % 2,313.16
B-1 76110FYG2 1,760,300.00 1,752,866.16 6.750000 % 1,272.05
B-2 76110FYH0 960,000.00 955,945.87 6.750000 % 693.73
B-3 76110FYJ6 1,280,602.22 1,275,194.22 6.750000 % 925.41
- -------------------------------------------------------------------------------
320,086,417.14 300,357,083.52 5,257,717.42
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,035,780.27 4,035,973.21 0.00 0.00 174,624,589.19
CB-2 0.00 111,118.26 0.00 0.00 6,467,577.57
NB-1 119,683.44 1,136,959.59 0.00 0.00 20,261,831.13
NB-2 41,750.35 41,750.35 0.00 0.00 7,423,000.00
NB-3 120,533.02 120,533.02 0.00 0.00 21,430,159.00
NB-4 22,610.32 22,610.32 0.00 0.00 4,020,000.00
NB-5 59,056.81 59,056.81 0.00 0.00 10,500,000.00
NB-6 3,804.48 3,804.48 0.00 0.00 0.00
NB-7 69,567.68 600,705.51 0.00 0.00 12,514,059.61
NB-8 93,920.92 677,398.60 0.00 0.00 17,894,550.69
NB-9 10,007.96 10,007.96 0.00 0.00 0.00
A-P 0.00 57.95 0.00 0.00 57,137.04
A-V 211,942.32 211,942.32 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 49,290.29 55,651.29 0.00 0.00 8,758,965.63
M-2 22,403.91 25,295.17 0.00 0.00 3,981,212.32
M-3 17,924.26 20,237.42 0.00 0.00 3,185,168.86
B-1 9,856.94 11,128.99 0.00 0.00 1,751,594.11
B-2 5,375.60 6,069.33 0.00 0.00 955,252.14
B-3 7,170.84 8,096.25 0.00 0.00 1,274,268.81
- -------------------------------------------------------------------------------
1,900,679.41 7,158,396.83 0.00 0.00 295,099,366.10
===============================================================================
Run: 04/28/99 11:01:24
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-1 944.624530 15.955295 5.508372 21.463667 0.000000 928.669235
CB-2 944.624528 15.955295 0.000000 15.955295 0.000000 928.669233
NB-1 834.481340 39.893495 4.693505 44.587000 0.000000 794.587845
NB-2 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624458 5.624458 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 855.478880 34.830994 4.562114 39.393108 0.000000 820.647886
NB-8 884.158494 27.918928 4.494039 32.412967 0.000000 856.239566
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 985.068871 0.998071 0.000000 0.998071 0.000000 984.070800
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-1 995.776953 0.722636 5.599579 6.322215 0.000000 995.054318
M-2 995.776951 0.722634 5.599578 6.322212 0.000000 995.054316
M-3 995.776951 0.722637 5.599581 6.322218 0.000000 995.054314
B-1 995.776947 0.722633 5.599580 6.322213 0.000000 995.054315
B-2 995.776948 0.722635 5.599583 6.322218 0.000000 995.054313
B-3 995.776987 0.722637 5.599584 6.322221 0.000000 995.054347
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:26 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 62,034.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,107.60
SUBSERVICER ADVANCES THIS MONTH 41,323.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,831,560.71
(B) TWO MONTHLY PAYMENTS: 3 615,241.62
(C) THREE OR MORE MONTHLY PAYMENTS: 5 898,167.37
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 386,115.55
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 295,099,366.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,076
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 5,039,763.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.34854590 % 5.30598800 % 1.32642330 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.25301270 % 5.39660489 % 1.34933740 %
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 7.92265900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.47
POOL TRADING FACTOR: 92.19365468
................................................................................
Run: 04/28/99 11:01:30 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 112,514,000.00 106,999,527.30 6.500000 % 1,517,352.57
NB 37,758,000.00 34,058,215.46 6.500000 % 755,060.09
A-P 53,454.22 52,276.06 0.000000 % 200.25
A-V 0.00 0.00 0.849563 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 4,005,450.68 6.500000 % 13,229.10
M-2 706,500.00 693,081.29 6.500000 % 2,289.09
M-3 628,000.00 616,072.26 6.500000 % 2,034.75
B-1 471,000.00 462,054.20 6.500000 % 1,526.06
B-2 314,000.00 308,036.13 6.500000 % 1,017.37
B-3 471,221.05 462,271.04 6.500000 % 1,526.78
- -------------------------------------------------------------------------------
156,999,275.27 147,656,984.42 2,294,236.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 579,085.95 2,096,438.52 0.00 0.00 105,482,174.73
NB 184,324.50 939,384.59 0.00 0.00 33,303,155.37
A-P 0.00 200.25 0.00 0.00 52,075.81
A-V 104,447.32 104,447.32 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,677.67 34,906.77 0.00 0.00 3,992,221.58
M-2 3,750.98 6,040.07 0.00 0.00 690,792.20
M-3 3,334.21 5,368.96 0.00 0.00 614,037.51
B-1 2,500.65 4,026.71 0.00 0.00 460,528.14
B-2 1,667.11 2,684.48 0.00 0.00 307,018.76
B-3 2,501.83 4,028.61 0.00 0.00 460,744.27
- -------------------------------------------------------------------------------
903,290.22 3,197,526.28 0.00 0.00 145,362,748.37
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 950.988564 13.485900 5.146790 18.632690 0.000000 937.502664
NB 902.013228 19.997354 4.881734 24.879088 0.000000 882.015874
A-P 977.959458 3.746186 0.000000 3.746186 0.000000 974.213272
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-1 981.006779 3.240044 5.309251 8.549295 0.000000 977.766735
M-2 981.006780 3.240042 5.309243 8.549285 0.000000 977.766737
M-3 981.006783 3.240048 5.309252 8.549300 0.000000 977.766736
B-1 981.006794 3.240042 5.309236 8.549278 0.000000 977.766752
B-2 981.006783 3.240032 5.309268 8.549300 0.000000 977.766752
B-3 981.006770 3.240051 5.309249 8.549300 0.000000 977.766739
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:31 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 30,577.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,758.63
SUBSERVICER ADVANCES THIS MONTH 24,801.32
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,890,508.12
(B) TWO MONTHLY PAYMENTS: 1 443,193.02
(C) THREE OR MORE MONTHLY PAYMENTS: 2 267,304.33
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 51,330.11
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 145,362,748.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,362
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 1,806,504.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.56452790 % 3.59929100 % 0.83461100 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.50938530 % 3.64402252 % 0.84528630 %
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 7.67554900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 167.93
POOL TRADING FACTOR: 92.58816521
................................................................................
Run: 04/28/99 10:56:53 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 87,934,562.25 6.500000 % 4,928,213.53
A-3 76110FYM9 46,000,000.00 41,285,938.66 6.250000 % 2,313,833.47
A-4 76110FYN7 37,995,000.00 34,101,287.80 8.000000 % 1,911,176.15
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 91,770.23 0.000000 % 673.03
A-V 76110FYS6 0.00 0.00 0.832483 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,350,234.47 6.750000 % 8,845.04
M-2 76110FYV9 5,563,000.00 5,536,209.06 6.750000 % 3,964.94
M-3 76110FYW7 4,279,000.00 4,258,392.69 6.750000 % 3,049.79
B-1 76110FYX5 2,567,500.00 2,555,135.15 6.750000 % 1,829.95
B-2 76110FYY3 1,283,800.00 1,277,617.33 6.750000 % 915.01
B-3 76110FYZ0 1,711,695.86 1,703,452.46 6.750000 % 1,219.99
- -------------------------------------------------------------------------------
427,918,417.16 409,132,600.10 9,173,720.90
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 585,972.95 585,972.95 0.00 0.00 104,208,000.00
A-2 476,152.09 5,404,365.62 0.00 0.00 83,006,348.72
A-3 214,958.64 2,528,792.11 0.00 0.00 38,972,105.19
A-4 227,265.49 2,138,441.64 0.00 0.00 32,190,111.65
A-5 144,845.67 144,845.67 0.00 0.00 25,759,000.00
A-6 495,232.84 495,232.84 0.00 0.00 88,071,000.00
A-P 0.00 673.03 0.00 0.00 91,097.20
A-V 283,734.67 283,734.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,446.72 78,291.76 0.00 0.00 12,341,389.43
M-2 31,130.71 35,095.65 0.00 0.00 5,532,244.12
M-3 23,945.41 26,995.20 0.00 0.00 4,255,342.90
B-1 14,367.81 16,197.76 0.00 0.00 2,553,305.20
B-2 7,184.18 8,099.19 0.00 0.00 1,276,702.32
B-3 9,578.70 10,798.69 0.00 0.00 1,702,232.47
- -------------------------------------------------------------------------------
2,583,815.88 11,757,536.78 0.00 0.00 399,958,879.20
===============================================================================
_______________________________________________________________________________
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 5.623109 5.623109 0.000000 1000.000000
A-2 897.520411 50.300725 4.859935 55.160660 0.000000 847.219686
A-3 897.520406 50.300728 4.673014 54.973742 0.000000 847.219678
A-4 897.520405 50.300728 5.981458 56.282186 0.000000 847.219678
A-5 1000.000000 0.000000 5.623109 5.623109 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623109 5.623109 0.000000 1000.000000
A-P 962.746312 7.060646 0.000000 7.060646 0.000000 955.685665
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-1 995.184083 0.712735 5.596029 6.308764 0.000000 994.471348
M-2 995.184084 0.712734 5.596029 6.308763 0.000000 994.471350
M-3 995.184083 0.712734 5.596029 6.308763 0.000000 994.471348
B-1 995.184090 0.712736 5.596031 6.308767 0.000000 994.471354
B-2 995.184086 0.712736 5.596027 6.308763 0.000000 994.471351
B-3 995.184074 0.712738 5.596029 6.308767 0.000000 994.471338
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:56:55 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 84,088.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 43,660.21
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 4,808,216.05
(B) TWO MONTHLY PAYMENTS: 5 635,441.91
(C) THREE OR MORE MONTHLY PAYMENTS: 1 546,861.14
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 151,110.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 399,958,879.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,057
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 8,880,690.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.23269480 % 5.41384500 % 1.35346020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.08240930 % 5.53281290 % 1.38351730 %
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 7.90619071
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.19
POOL TRADING FACTOR: 93.46615223
................................................................................
Run: 04/28/99 11:01:35 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 250,018,000.00 240,755,830.31 6.500000 % 2,408,600.02
NB 150,029,000.00 143,415,383.21 6.500000 % 2,181,266.66
A-V 0.00 0.00 1.021980 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,583,818.29 6.500000 % 10,767.91
M-2 5,377,000.00 5,361,492.61 6.500000 % 3,958.64
M-3 4,517,000.00 4,503,972.87 6.500000 % 3,325.49
B-1 2,581,000.00 2,573,556.34 6.500000 % 1,900.18
B-2 1,290,500.00 1,286,778.17 6.500000 % 950.09
B-3 1,720,903.67 1,715,940.55 6.500000 % 1,266.96
- -------------------------------------------------------------------------------
430,159,503.67 414,196,772.35 4,612,035.95
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,303,792.30 3,712,392.32 0.00 0.00 238,347,230.29
NB 776,713.84 2,957,980.50 0.00 0.00 141,234,116.55
A-V 352,679.16 352,679.16 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,976.99 89,744.90 0.00 0.00 14,573,050.38
M-2 29,034.55 32,993.19 0.00 0.00 5,357,533.97
M-3 24,390.75 27,716.24 0.00 0.00 4,500,647.38
B-1 13,936.80 15,836.98 0.00 0.00 2,571,656.16
B-2 6,968.40 7,918.49 0.00 0.00 1,285,828.08
B-3 9,292.48 10,559.44 0.00 0.00 1,714,673.59
- -------------------------------------------------------------------------------
2,595,785.27 7,207,821.22 0.00 0.00 409,584,736.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 962.953989 9.633706 5.214794 14.848500 0.000000 953.320282
NB 955.917744 14.538967 5.177091 19.716058 0.000000 941.378777
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-1 997.115978 0.736217 5.399767 6.135984 0.000000 996.379761
M-2 997.115977 0.736217 5.399768 6.135985 0.000000 996.379760
M-3 997.115977 0.736217 5.399768 6.135985 0.000000 996.379761
B-1 997.115978 0.736219 5.399768 6.135987 0.000000 996.379760
B-2 997.115978 0.736219 5.399768 6.135987 0.000000 996.379760
B-3 997.115980 0.736218 5.399768 6.135986 0.000000 996.379763
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:36 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 85,924.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,804.73
SUBSERVICER ADVANCES THIS MONTH 67,015.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 47 8,134,106.81
(B) TWO MONTHLY PAYMENTS: 4 625,349.03
(C) THREE OR MORE MONTHLY PAYMENTS: 2 255,020.63
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 356,221.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 409,584,736.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,920
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 4,306,239.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.75089500 % 5.90281900 % 1.34628650 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.67468070 % 5.96487846 % 1.36044080 %
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 7.82220800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.96
POOL TRADING FACTOR: 95.21694462
................................................................................
Run: 04/28/99 10:56:58 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 109,739,000.00 105,909,106.22 6.500000 % 1,606,519.12
A-P 76110FZB2 32,286.88 31,847.44 0.000000 % 110.92
A-V 76110FZC0 0.00 0.00 0.758306 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,234,795.41 6.500000 % 10,452.48
M-2 76110FZF3 517,300.00 510,793.55 6.500000 % 1,650.51
M-3 76110FZG1 459,700.00 453,918.03 6.500000 % 1,466.73
B-1 76110FZH9 344,800.00 340,463.20 6.500000 % 1,100.13
B-2 76110FZJ5 229,800.00 226,909.64 6.500000 % 733.21
B-3 76110FZK2 344,884.43 340,546.58 6.500000 % 1,100.39
- -------------------------------------------------------------------------------
114,943,871.31 111,048,380.07 1,623,133.49
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 573,270.87 2,179,789.99 0.00 0.00 104,302,587.10
A-P 0.00 110.92 0.00 0.00 31,736.52
A-V 70,124.56 70,124.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,509.49 27,961.97 0.00 0.00 3,224,342.93
M-2 2,764.85 4,415.36 0.00 0.00 509,143.04
M-3 2,456.99 3,923.72 0.00 0.00 452,451.30
B-1 1,842.88 2,943.01 0.00 0.00 339,363.07
B-2 1,228.23 1,961.44 0.00 0.00 226,176.43
B-3 1,843.33 2,943.72 0.00 0.00 339,446.19
- -------------------------------------------------------------------------------
671,041.20 2,294,174.69 0.00 0.00 109,425,246.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 965.099976 14.639455 5.223948 19.863403 0.000000 950.460521
A-P 986.389518 3.435451 0.000000 3.435451 0.000000 982.954067
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-1 987.422286 3.190623 5.344777 8.535400 0.000000 984.231664
M-2 987.422289 3.190624 5.344771 8.535395 0.000000 984.231664
M-3 987.422297 3.190624 5.344768 8.535392 0.000000 984.231673
B-1 987.422274 3.190632 5.344780 8.535412 0.000000 984.231642
B-2 987.422280 3.190644 5.344778 8.535422 0.000000 984.231636
B-3 987.422308 3.190634 5.344776 8.535410 0.000000 984.231703
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:57:00 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 23,019.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,764.04
SUBSERVICER ADVANCES THIS MONTH 11,971.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 911,156.97
(B) TWO MONTHLY PAYMENTS: 2 360,563.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 18,295.82
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,425,246.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,173
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 1,264,300.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.39940020 % 3.78277600 % 0.81782360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.34622940 % 3.82538528 % 0.82727550 %
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 7.58387449
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 170.50
POOL TRADING FACTOR: 95.19885256
................................................................................
Run: 04/28/99 11:01:40 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 10,412,769.02 6.500000 % 664,807.05
A-2 76110FZY2 100,000,000.00 94,871,431.22 6.500000 % 2,008,865.46
A-3 76110FZZ9 33,937,000.00 32,414,547.97 6.500000 % 596,345.96
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 200,070,000.00 196,355,177.89 6.500000 % 3,363,752.06
NB-1 76110FA78 73,215,000.00 72,398,817.67 6.500000 % 1,890,108.87
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 60,055.62 0.000000 % 63.80
A-V 76110FB77 0.00 0.00 0.976425 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,164,860.32 6.500000 % 14,030.16
M-2 76110FC27 7,062,000.00 7,046,506.14 6.500000 % 5,158.59
M-3 76110FC35 5,932,000.00 5,918,985.35 6.500000 % 4,333.15
B-1 76110FC43 3,389,000.00 3,381,564.62 6.500000 % 2,475.57
B-2 76110FC50 1,694,000.00 1,690,283.40 6.500000 % 1,237.42
B-3 76110FC68 2,259,938.31 2,255,102.87 6.500000 % 1,650.91
- -------------------------------------------------------------------------------
564,904,279.15 551,938,102.09 8,552,829.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 56,359.93 721,166.98 0.00 0.00 9,747,961.97
A-2 513,499.07 2,522,364.53 0.00 0.00 92,862,565.76
A-3 175,446.28 771,792.24 0.00 0.00 31,818,202.01
A-4 135,314.47 135,314.47 0.00 0.00 25,000,000.00
A-5 77,513.53 77,513.53 0.00 0.00 14,321,000.00
A-6 3,913.29 3,913.29 0.00 0.00 723,000.00
A-7 81,188.68 81,188.68 0.00 0.00 15,000,000.00
A-8 129,901.88 129,901.88 0.00 0.00 24,000,000.00
CB 1,063,228.67 4,426,980.73 0.00 0.00 192,991,425.83
NB-1 392,123.55 2,282,232.42 0.00 0.00 70,508,708.80
NB-2 10,832.32 10,832.32 0.00 0.00 2,000,000.00
NB-3 25,591.35 25,591.35 0.00 0.00 4,725,000.00
NB-4 25,645.52 25,645.52 0.00 0.00 4,735,000.00
NB-5 15,165.25 15,165.25 0.00 0.00 2,800,000.00
NB-6 14,428.65 14,428.65 0.00 0.00 2,664,000.00
NB-7 54,161.60 54,161.60 0.00 0.00 10,000,000.00
A-P 0.00 63.80 0.00 0.00 59,991.82
A-V 448,895.17 448,895.17 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,752.81 117,782.97 0.00 0.00 19,150,830.16
M-2 38,147.67 43,306.26 0.00 0.00 7,041,347.55
M-3 32,043.61 36,376.76 0.00 0.00 5,914,652.20
B-1 18,306.78 20,782.35 0.00 0.00 3,379,089.05
B-2 9,150.69 10,388.11 0.00 0.00 1,689,045.98
B-3 12,208.45 13,859.36 0.00 0.00 2,253,452.00
- -------------------------------------------------------------------------------
3,436,819.22 11,989,648.22 0.00 0.00 543,385,273.13
===============================================================================
Run: 04/28/99 11:01:40
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-1 859.848804 54.897362 4.653999 59.551361 0.000000 804.951443
A-2 948.714312 20.088655 5.134991 25.223646 0.000000 928.625658
A-3 955.138874 17.572147 5.169764 22.741911 0.000000 937.566727
A-4 1000.000000 0.000000 5.412579 5.412579 0.000000 1000.000000
A-5 1000.000000 0.000000 5.412578 5.412578 0.000000 1000.000000
A-6 1000.000000 0.000000 5.412578 5.412578 0.000000 1000.000000
A-7 1000.000000 0.000000 5.412578 5.412578 0.000000 1000.000000
A-8 1000.000000 0.000000 5.412578 5.412578 0.000000 1000.000000
CB 981.432388 16.812876 5.314283 22.127159 0.000000 964.619512
NB-1 988.852253 25.815869 5.355782 31.171651 0.000000 963.036383
NB-2 1000.000000 0.000000 5.416158 5.416158 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416160 5.416160 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.416160 5.416160 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.416161 5.416161 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.416160 5.416160 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.416160 5.416160 0.000000 1000.000000
A-P 996.925342 1.059004 0.000000 1.059004 0.000000 995.866338
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-1 997.806025 0.730471 5.401823 6.132294 0.000000 997.075554
M-2 997.806024 0.730472 5.401822 6.132294 0.000000 997.075552
M-3 997.806027 0.730470 5.401823 6.132293 0.000000 997.075556
B-1 997.806025 0.730472 5.401823 6.132295 0.000000 997.075553
B-2 997.806021 0.730472 5.401822 6.132294 0.000000 997.075549
B-3 997.860366 0.730511 5.402117 6.132628 0.000000 997.129871
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 11:01:43 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 114,428.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,127.94
SUBSERVICER ADVANCES THIS MONTH 61,615.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 54 7,504,523.50
(B) TWO MONTHLY PAYMENTS: 8 920,410.49
(C) THREE OR MORE MONTHLY PAYMENTS: 3 341,748.16
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 543,385,273.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,048
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 8,149,400.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.84025540 % 5.82136900 % 1.32749500 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.73288940 % 5.90866766 % 1.34740260 %
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 7.80167100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.84
POOL TRADING FACTOR: 96.19068100
................................................................................
Run: 04/28/99 10:57:59 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1(POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4355
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FC84 49,523,000.00 44,788,302.42 6.500000 % 3,058,073.44
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,966,537.77 6.500000 % 17,901.69
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 16,368.56 0.000000 % 26.29
A-V 76110FD75 0.00 0.00 1.085950 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,128,191.62 6.500000 % 6,545.16
M-2 76110FE25 3,360,700.00 3,355,990.98 6.500000 % 2,406.34
M-3 76110FE33 2,823,000.00 2,819,044.41 6.500000 % 2,021.33
B-1 76110FE41 1,613,200.00 1,610,939.58 6.500000 % 1,155.09
B-2 76110FE58 806,600.00 805,469.79 6.500000 % 577.54
B-3 76110FE66 1,075,021.18 1,073,514.85 6.500000 % 769.75
- -------------------------------------------------------------------------------
268,851,631.00 264,055,389.98 3,089,476.63
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 242,533.38 3,300,606.82 0.00 0.00 41,730,228.98
A-2 135,377.64 135,377.64 0.00 0.00 25,000,000.00
A-3 135,196.44 153,098.13 0.00 0.00 24,948,636.08
A-4 13,404.25 13,404.25 0.00 0.00 2,475,344.00
A-5 75,947.02 75,947.02 0.00 0.00 14,025,030.00
A-6 725,573.56 725,573.56 0.00 0.00 133,990,656.00
A-P 0.00 26.29 0.00 0.00 16,342.27
A-V 238,890.28 238,890.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,430.12 55,975.28 0.00 0.00 9,121,646.46
M-2 18,173.04 20,579.38 0.00 0.00 3,353,584.64
M-3 15,265.42 17,286.75 0.00 0.00 2,817,023.08
B-1 8,723.41 9,878.50 0.00 0.00 1,609,784.49
B-2 4,361.70 4,939.24 0.00 0.00 804,892.25
B-3 5,813.19 6,582.94 0.00 0.00 1,072,745.10
- -------------------------------------------------------------------------------
1,668,689.45 4,758,166.08 0.00 0.00 260,965,913.35
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 904.393967 61.750569 4.897389 66.647958 0.000000 842.643398
A-2 1000.000000 0.000000 5.415106 5.415106 0.000000 1000.000000
A-3 998.598799 0.716023 5.407518 6.123541 0.000000 997.882776
A-4 1000.000000 0.000000 5.415106 5.415106 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415106 5.415106 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415106 5.415106 0.000000 1000.000000
A-P 997.485652 1.602089 0.000000 1.602089 0.000000 995.883562
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-1 998.598799 0.716022 5.407518 6.123540 0.000000 997.882777
M-2 998.598798 0.716023 5.407516 6.123539 0.000000 997.882774
M-3 998.598799 0.716022 5.407517 6.123539 0.000000 997.882777
B-1 998.598797 0.716024 5.407519 6.123543 0.000000 997.882773
B-2 998.598797 0.716018 5.407513 6.123531 0.000000 997.882780
B-3 998.598790 0.716023 5.407512 6.123535 0.000000 997.882758
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:58:01 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 54,623.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,909.20
SUBSERVICER ADVANCES THIS MONTH 46,435.82
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 5,109,169.81
(B) TWO MONTHLY PAYMENTS: 8 1,391,664.66
(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 260,965,913.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,908
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 2,900,138.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.88243410 % 5.79582000 % 1.32174560 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.80333130 % 5.85986652 % 1.33643520 %
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 7.91056413
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.20
POOL TRADING FACTOR: 97.06688867
................................................................................
Run: 04/28/99 10:58:20 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 17,334,092.58 6.500000 % 1,813,489.36
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 134,868,907.52 6.500000 % 2,176,703.64
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 35,639.96 0.000000 % 32.57
A-V 76110FF81 0.00 0.00 1.056969 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,289,667.02 6.500000 % 12,560.17
M-2 76110FG31 3,861,100.00 3,858,350.33 6.500000 % 4,709.73
M-3 76110FG49 3,378,500.00 3,376,094.01 6.500000 % 4,121.06
B-1 76110FG56 1,930,600.00 1,929,225.13 6.500000 % 2,354.92
B-2 76110FG64 965,300.00 964,612.56 6.500000 % 1,177.46
B-3 76110FG72 1,287,113.52 1,286,196.92 6.500000 % 1,570.00
- -------------------------------------------------------------------------------
321,757,386.08 320,168,786.03 4,016,718.91
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 93,876.61 1,907,365.97 0.00 0.00 15,520,603.22
A-2 514,655.98 514,655.98 0.00 0.00 95,030,000.00
A-3 730,412.40 2,907,116.04 0.00 0.00 132,692,203.88
A-4 20,568.91 20,568.91 0.00 0.00 3,798,000.00
A-5 28,264.65 28,264.65 0.00 0.00 5,219,000.00
A-6 4,999.13 4,999.13 0.00 0.00 1,000,000.00
A-7 5,832.31 5,832.31 0.00 0.00 1,000,000.00
A-8 43,342.01 43,342.01 0.00 0.00 8,003,000.00
A-9 174,256.25 174,256.25 0.00 0.00 32,176,000.00
A-P 0.00 32.57 0.00 0.00 35,607.39
A-V 281,957.84 281,957.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,725.97 68,286.14 0.00 0.00 10,277,106.85
M-2 20,895.75 25,605.48 0.00 0.00 3,853,640.60
M-3 18,283.99 22,405.05 0.00 0.00 3,371,972.95
B-1 10,448.15 12,803.07 0.00 0.00 1,926,870.21
B-2 5,224.07 6,401.53 0.00 0.00 963,435.10
B-3 6,965.68 8,535.68 0.00 0.00 1,284,626.92
- -------------------------------------------------------------------------------
2,015,709.70 6,032,428.61 0.00 0.00 316,152,067.12
===============================================================================
Run: 04/28/99 10:58:20
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-1 960.390746 100.475891 5.201208 105.677099 0.000000 859.914855
A-2 1000.000000 0.000000 5.415721 5.415721 0.000000 1000.000000
A-3 993.677806 16.037366 5.381482 21.418848 0.000000 977.640439
A-4 1000.000000 0.000000 5.415721 5.415721 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415721 5.415721 0.000000 1000.000000
A-6 1000.000000 0.000000 4.999130 4.999130 0.000000 1000.000000
A-7 1000.000000 0.000000 5.832310 5.832310 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415720 5.415720 0.000000 1000.000000
A-9 1000.000000 0.000000 5.415721 5.415721 0.000000 1000.000000
A-P 999.086132 0.913027 0.000000 0.913027 0.000000 998.173106
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-1 999.287853 1.219789 5.411865 6.631654 0.000000 998.068064
M-2 999.287853 1.219790 5.411864 6.631654 0.000000 998.068064
M-3 999.287853 1.219790 5.411866 6.631656 0.000000 998.068063
B-1 999.287854 1.219787 5.411867 6.631654 0.000000 998.068067
B-2 999.287848 1.219787 5.411862 6.631649 0.000000 998.068062
B-3 999.287864 1.219791 5.411861 6.631652 0.000000 998.068077
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:58:22 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 66,328.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,049.01
SUBSERVICER ADVANCES THIS MONTH 54,909.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 60 7,498,861.61
(B) TWO MONTHLY PAYMENTS: 4 267,020.97
(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 316,152,067.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,322
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 3,625,913.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 164,611.49
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.22027530 % 5.47400700 % 1.30571750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.14251060 % 5.53617143 % 1.32069440 %
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 7.88300012
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.65
POOL TRADING FACTOR: 98.25790512
................................................................................
Run: 04/28/99 10:58:25 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3(POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4363
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJ38 167,033,000.00 167,033,000.00 6.500000 % 747,164.15
A-2 76110FJ46 9,013,000.00 9,013,000.00 6.500000 % 0.00
A-3 76110FJ53 25,854,000.00 25,854,000.00 6.500000 % 0.00
A-4 76110FJ61 45,000,000.00 45,000,000.00 6.500000 % 168,306.85
A-5 76110FJ79 60,600,000.00 60,600,000.00 6.500000 % 807,851.42
A-6 76110FJ87 100,000,000.00 100,000,000.00 6.500000 % 0.00
A-7 76110FJ95 20,000,000.00 20,000,000.00 6.500000 % 0.00
A-8 76110FK28 47,527,000.00 47,527,000.00 6.500000 % 34,149.97
A-P 76110FK36 12,443.31 12,443.31 0.000000 % 131.39
A-V 76110FK44 0.00 0.00 1.027013 % 0.00
R 76110FK51 100.00 100.00 6.500000 % 100.00
M-1 76110FK69 16,301,800.00 16,301,800.00 6.500000 % 11,713.47
M-2 76110FK77 6,113,300.00 6,113,300.00 6.500000 % 4,392.64
M-3 76110FK85 5,349,000.00 5,349,000.00 6.500000 % 3,843.46
B-1 76110FK93 3,056,500.00 3,056,500.00 6.500000 % 2,196.21
B-2 76110FL27 1,528,300.00 1,528,300.00 6.500000 % 1,098.14
B-3 76110FL35 2,037,744.61 2,037,744.61 6.500000 % 1,464.20
- -------------------------------------------------------------------------------
509,426,187.92 509,426,187.92 1,782,411.90
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 904,273.95 1,651,438.10 0.00 0.00 166,285,835.85
A-2 48,794.08 48,794.08 0.00 0.00 9,013,000.00
A-3 139,966.95 139,966.95 0.00 0.00 25,854,000.00
A-4 243,618.49 411,925.34 0.00 0.00 44,831,693.15
A-5 328,072.91 1,135,924.33 0.00 0.00 59,792,148.58
A-6 541,374.43 541,374.43 0.00 0.00 100,000,000.00
A-7 108,274.88 108,274.88 0.00 0.00 20,000,000.00
A-8 257,299.03 291,449.00 0.00 0.00 47,492,850.03
A-P 0.00 131.39 0.00 0.00 12,311.92
A-V 435,754.29 435,754.29 0.00 0.00 0.00
R 0.54 100.54 0.00 0.00 0.00
M-1 88,253.78 99,967.25 0.00 0.00 16,290,086.53
M-2 33,095.84 37,488.48 0.00 0.00 6,108,907.36
M-3 28,958.12 32,801.58 0.00 0.00 5,345,156.54
B-1 16,547.11 18,743.32 0.00 0.00 3,054,303.79
B-2 8,273.82 9,371.96 0.00 0.00 1,527,201.86
B-3 11,031.82 12,496.02 0.00 0.00 2,036,280.41
- -------------------------------------------------------------------------------
3,193,590.04 4,976,001.94 0.00 0.00 507,643,776.02
===============================================================================
Run: 04/28/99 10:58:25
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3(POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4363
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 4.473153 5.413744 9.886897 0.000000 995.526847
A-2 1000.000000 0.000000 5.413745 5.413745 0.000000 1000.000000
A-3 1000.000000 0.000000 5.413744 5.413744 0.000000 1000.000000
A-4 1000.000000 3.740152 5.413744 9.153896 0.000000 996.259848
A-5 1000.000000 13.330882 5.413744 18.744626 0.000000 986.669119
A-6 1000.000000 0.000000 5.413744 5.413744 0.000000 1000.000000
A-7 1000.000000 0.000000 5.413744 5.413744 0.000000 1000.000000
A-8 1000.000000 0.718538 5.413744 6.132282 0.000000 999.281462
A-P 1000.000000 10.559088 0.000000 10.559088 0.000000 989.440912
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 0.718538 5.413744 6.132282 0.000000 999.281462
M-2 1000.000000 0.718538 5.413744 6.132282 0.000000 999.281462
M-3 1000.000000 0.718538 5.413745 6.132283 0.000000 999.281462
B-1 1000.000000 0.718538 5.413744 6.132282 0.000000 999.281463
B-2 1000.000000 0.718537 5.413741 6.132278 0.000000 999.281463
B-3 1000.000000 0.718540 5.413740 6.132280 0.000000 999.281461
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:58:27 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1999-QS3 (POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4363
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 106,035.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 34,467.02
SUBSERVICER ADVANCES THIS MONTH 53,300.68
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 67 7,451,843.48
(B) TWO MONTHLY PAYMENTS: 1 91,300.00
(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 507,643,776.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,304
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 1,416,366.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.24976110 % 5.45020600 % 1.30003260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.23092860 % 5.46527934 % 1.30365950 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 10,188,524.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,094,262.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85614072
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.94
POOL TRADING FACTOR: 99.65011381
................................................................................
Run: 04/28/99 10:58:30 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4(POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4364
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG98 200,000,000.00 200,000,000.00 6.250000 % 954,880.27
A-P 76110FH22 33,549.74 33,549.74 0.000000 % 182.78
A-V 76110FH30 0.00 0.00 0.901778 % 0.00
R 76110FH48 100.00 100.00 6.250000 % 100.00
M-1 76110FH55 5,865,400.00 5,865,400.00 6.250000 % 18,654.90
M-2 76110FH63 942,600.00 942,600.00 6.250000 % 2,997.94
M-3 76110FH71 942,600.00 942,600.00 6.250000 % 2,997.94
B-1 76110FH89 628,400.00 628,400.00 6.250000 % 1,998.63
B-2 76110FH97 523,700.00 523,700.00 6.250000 % 1,665.63
B-3 76110FJ20 523,708.79 523,708.79 6.250000 % 1,665.65
- -------------------------------------------------------------------------------
209,460,058.53 209,460,058.53 985,143.74
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,041,081.89 1,995,962.16 0.00 0.00 199,045,119.73
A-P 0.00 182.78 0.00 0.00 33,366.96
A-V 157,317.05 157,317.05 0.00 0.00 0.00
R 0.52 100.52 0.00 0.00 0.00
M-1 30,531.81 49,186.71 0.00 0.00 5,846,745.10
M-2 4,906.62 7,904.56 0.00 0.00 939,602.06
M-3 4,906.62 7,904.56 0.00 0.00 939,602.06
B-1 3,271.08 5,269.71 0.00 0.00 626,401.37
B-2 2,726.07 4,391.70 0.00 0.00 522,034.37
B-3 2,726.12 4,391.77 0.00 0.00 522,043.14
- -------------------------------------------------------------------------------
1,247,467.78 2,232,611.52 0.00 0.00 208,474,914.79
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 4.774401 5.205409 9.979810 0.000000 995.225599
A-P 1000.000000 5.448030 0.000000 5.448030 0.000000 994.551970
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 5.200000 1005.200000 0.000000 0.000000
M-1 1000.000000 3.180499 5.205410 8.385909 0.000000 996.819501
M-2 1000.000000 3.180501 5.205411 8.385912 0.000000 996.819499
M-3 1000.000000 3.180501 5.205411 8.385912 0.000000 996.819499
B-1 1000.000000 3.180506 5.205411 8.385917 0.000000 996.819494
B-2 1000.000000 3.180504 5.205404 8.385908 0.000000 996.819496
B-3 1000.000000 3.180508 5.205412 8.385920 0.000000 996.819511
_______________________________________________________________________________
DETERMINATION DATE 20-April-99
DISTRIBUTION DATE 26-April-99
Run: 04/28/99 10:58:31 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,629.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,060.67
SUBSERVICER ADVANCES THIS MONTH 37,762.88
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 4,152,035.49
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 208,474,914.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,047
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 318,946.90
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.49894190 % 3.70086900 % 0.80018940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.49205610 % 3.70593710 % 0.80141360 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,189,201.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,094,601.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48043022
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 174.01
POOL TRADING FACTOR: 99.52967466
................................................................................
