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)
November 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
333-72661 51-0368240
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 November, 1999 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
<PAGE>
Master Serviced by Residential Funding Corporation
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
<PAGE>
1999-QS10 RALI
1999-QS11 RALI
1999-QS12 RALI
1999-QS13 RALI
1999-QS2 RALI
1999-QS3 RALI
1999-QS4 RALI
1999-QS5 RALI
1999-QS6 RALI
1999-QS7 RALI
1999-QS8 RALI
1999-QS9 RALI
Item 7. Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) See Item 5.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated: November 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: November 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 25,065,919.76 7.500000 % 1,300,477.84
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 1,465,734.91 0.000000 % 30,403.13
- -------------------------------------------------------------------------------
258,459,514.42 79,740,654.67 1,330,880.97
===============================================================================
_______________________________________________________________________________
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-4 156,662.00 1,457,139.84 0.00 0.00 23,765,441.92
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 89,156.92 119,560.05 0.00 0.00 1,435,331.78
- -------------------------------------------------------------------------------
578,375.17 1,909,256.14 0.00 0.00 78,409,773.70
===============================================================================
_______________________________________________________________________________
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-4 544.911299 28.271257 3.405696 31.676953 0.000000 516.640042
A-5 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-6 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
R ****.****** ****.****** *****.****** *****.****** 0.000000 ****.******
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,309.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,265.74
SUBSERVICER ADVANCES THIS MONTH 55,867.14
MASTER SERVICER ADVANCES THIS MONTH 6,630.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 58 4,234,384.29
(B) TWO MONTHLY PAYMENTS: 8 840,689.13
(C) THREE OR MORE MONTHLY PAYMENTS: 2 128,829.55
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,095,486.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 78,409,773.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,000
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 6
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 790,328.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,144,227.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16187250 % 1.83812750 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.16944790 % 1.83055210 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32791972
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 273.93
POOL TRADING FACTOR: 30.33735240
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 0.00 6.750000 % 0.00
A-I-4 76110FAK9 31,852,000.00 15,779,192.09 6.900000 % 1,707,590.92
A-I-5 76110FAL7 14,535,000.00 14,535,000.00 7.050000 % 0.00
A-I-6 76110FAM5 18,417,136.00 18,417,136.00 7.250000 % 0.00
A-I-7 76110FAN3 20,000,000.00 20,000,000.00 6.700000 % 0.00
A-II 76110FAQ6 29,374,968.00 7,894,479.11 5.439853 % 381,791.36
R 0.53 1,436,792.33 0.000000 % 19,982.86
- -------------------------------------------------------------------------------
255,942,104.53 78,062,599.53 2,109,365.14
===============================================================================
_______________________________________________________________________________
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 90,730.35 1,798,321.27 0.00 0.00 14,071,601.17
A-I-5 85,393.13 85,393.13 0.00 0.00 14,535,000.00
A-I-6 111,270.20 111,270.20 0.00 0.00 18,417,136.00
A-I-7 111,666.67 111,666.67 0.00 0.00 20,000,000.00
A-II 37,784.78 419,576.14 0.00 0.00 7,512,687.75
R 94,463.37 114,446.23 0.00 0.00 1,416,809.47
- -------------------------------------------------------------------------------
531,308.50 2,640,673.64 0.00 0.00 75,953,234.39
===============================================================================
_______________________________________________________________________________
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-4 495.390936 53.610163 2.848498 56.458661 0.000000 441.780773
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 268.748518 12.997167 1.286292 14.283459 0.000000 255.751351
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 16,780.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 65,394.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 4,231,427.96
(B) TWO MONTHLY PAYMENTS: 12 1,489,436.33
(C) THREE OR MORE MONTHLY PAYMENTS: 3 221,105.57
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,967,906.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,953,234.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 799
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 1,708,707.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.15943570 % 1.84056430 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.13462920 % 1.86537080 %
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 8.92272400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.61
POOL TRADING FACTOR: 29.67594352
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 0.00 7.050000 % 0.00
A-5 76110FAW3 14,000,000.00 4,199,362.99 7.350000 % 1,259,487.93
A-6 76110FAX1 10,000,000.00 10,000,000.00 7.450000 % 0.00
A-7 76110FAY9 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-8 76110FAZ6 14,043,411.00 14,043,411.00 7.500000 % 0.00
A-9 76110FBA0 18,190,000.00 18,190,000.00 7.500000 % 0.00
A-10 76110FBB8 178,007.00 93,145.27 0.000000 % 132.34
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 74,345,033.44 1,259,620.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 25,721.10 1,285,209.03 0.00 0.00 2,939,875.06
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 0.00 132.34 0.00 0.00 93,012.93
R 73,888.34 73,888.34 0.00 0.00 1,819,114.18
- -------------------------------------------------------------------------------
520,234.92 1,779,855.19 0.00 0.00 73,085,413.17
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 299.954499 89.963424 1.837221 91.800645 0.000000 209.991076
A-6 1000.000000 0.000000 6.208333 6.208333 0.000000 1000.000000
A-7 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-9 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-10 523.267456 0.743454 0.000000 0.743454 0.000000 522.524002
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,293.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 435.97
SUBSERVICER ADVANCES THIS MONTH 44,602.08
MASTER SERVICER ADVANCES THIS MONTH 2,536.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,614,900.61
(B) TWO MONTHLY PAYMENTS: 6 575,971.05
(C) THREE OR MORE MONTHLY PAYMENTS: 10 898,916.88
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,543,903.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,085,413.17
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 806
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 317,897.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,166,541.19
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.55314630 % 2.44685370 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.51097500 % 2.48902500 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81246413
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 289.47
POOL TRADING FACTOR: 40.17637484
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 0.00 7.750000 % 0.00
A-I-7 76110FBJ1 8,047,000.00 1,307,884.38 7.750000 % 1,307,884.38
A-I-8 76110FBK8 17,436,000.00 17,436,000.00 7.750000 % 156,224.42
A-I-9 76110FBL6 25,145,000.00 25,145,000.00 7.750000 % 0.00
A-I-10 76110FBM4 19,000,000.00 19,000,000.00 7.750000 % 0.00
A-I-11 76110FBN2 15,875,562.00 15,875,562.00 7.750000 % 0.00
A-II 76110FBP7 20,551,438.00 8,142,938.29 7.750000 % 41,383.42
A-P 76110FBQ5 1,166,695.86 722,999.35 0.000000 % 1,687.13
R-I 76110FBR3 100.00 0.00 7.750000 % 0.00
R-II 76110FBS1 100.00 0.00 7.750000 % 0.00
M-1 76110FBT9 12,528,500.00 11,943,699.91 7.750000 % 14,479.07
M-2 76110FBU6 5,568,000.00 5,308,099.19 7.750000 % 6,434.89
M-3 76110FBV4 4,176,000.00 3,981,074.41 7.750000 % 4,826.16
B-1 1,809,600.00 1,725,132.22 7.750000 % 2,091.34
B-2 696,000.00 663,512.38 7.750000 % 804.36
B-3 1,670,738.96 1,340,472.09 7.750000 % 1,625.01
A-V 76110FHY2 0.00 0.00 0.678778 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 112,592,374.22 1,537,440.18
===============================================================================
_______________________________________________________________________________
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 8,442.58 1,316,326.96 0.00 0.00 0.00
A-I-8 112,551.89 268,776.31 0.00 0.00 17,279,775.58
A-I-9 162,314.59 162,314.59 0.00 0.00 25,145,000.00
A-I-10 122,647.73 122,647.73 0.00 0.00 19,000,000.00
A-I-11 102,479.03 102,479.03 0.00 0.00 15,875,562.00
A-II 52,563.84 93,947.26 0.00 0.00 8,101,554.87
A-P 0.00 1,687.13 0.00 0.00 721,312.22
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 77,098.30 91,577.37 0.00 0.00 11,929,220.84
M-2 34,264.54 40,699.43 0.00 0.00 5,301,664.30
M-3 25,698.41 30,524.57 0.00 0.00 3,976,248.25
B-1 11,135.98 13,227.32 0.00 0.00 1,723,040.88
B-2 4,283.06 5,087.42 0.00 0.00 662,708.02
B-3 8,652.94 10,277.95 0.00 0.00 1,333,916.34
A-V 63,656.26 63,656.26 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
785,789.15 2,323,229.33 0.00 0.00 111,050,003.30
===============================================================================
Run: 11/29/99 08:51:54
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 162.530680 162.530680 1.049159 163.579839 0.000000 0.000000
A-I-8 1000.000000 8.959877 6.455144 15.415021 0.000000 991.040123
A-I-9 1000.000000 0.000000 6.455144 6.455144 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.455144 6.455144 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.455143 6.455143 0.000000 1000.000000
A-II 396.222313 2.013651 2.557672 4.571323 0.000000 394.208662
A-P 619.698222 1.446076 0.000000 1.446076 0.000000 618.252146
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 953.322418 1.155691 6.153833 7.309524 0.000000 952.166727
M-2 953.322412 1.155691 6.153833 7.309524 0.000000 952.166721
M-3 953.322416 1.155690 6.153834 7.309524 0.000000 952.166727
B-1 953.322403 1.155692 6.153835 7.309527 0.000000 952.166711
B-2 953.322385 1.155690 6.153822 7.309512 0.000000 952.166695
B-3 802.322878 0.972630 5.179109 6.151739 0.000000 798.399016
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:55 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,335.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,041.37
SUBSERVICER ADVANCES THIS MONTH 35,600.79
MASTER SERVICER ADVANCES THIS MONTH 5,127.45
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 3,447,419.19
(B) TWO MONTHLY PAYMENTS: 3 200,546.70
(C) THREE OR MORE MONTHLY PAYMENTS: 6 338,629.07
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 345,098.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 111,050,003.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,193
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 618,089.03
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,399,355.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 77.68648460 % 18.85818100 % 3.31205090 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 77.40678480 % 19.09692279 % 3.37143970 %
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 8.70821200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 290.06
POOL TRADING FACTOR: 39.88797223
................................................................................
Run: 11/29/99 08:51:55 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 2,960,773.50 8.000000 % 1,548,011.31
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 16,021,000.00 928,648.80 7.250000 % 133,482.77
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,608,266.21 0.000000 % 10,613.69
A-V-1 0.00 0.00 0.922231 % 0.00
A-V-2 0.00 0.00 0.361387 % 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 12,637,963.59 8.000000 % 16,361.95
M-2 76110FCN1 5,570,800.00 5,321,308.15 8.000000 % 6,889.32
M-3 76110FCP6 4,456,600.00 4,257,008.32 8.000000 % 5,511.41
B-1 76110FCR2 2,228,400.00 2,128,599.69 8.000000 % 2,755.83
B-2 76110FCS0 696,400.00 666,532.57 8.000000 % 862.94
B-3 76110FCT8 1,671,255.97 824,662.92 8.000000 % 1,067.66
STRIP 0.00 0.00 0.174194 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 104,875,763.75 1,725,556.88
===============================================================================
_______________________________________________________________________________
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 19,732.47 1,567,743.78 0.00 0.00 1,412,762.19
A-I-7 120,269.98 120,269.98 0.00 0.00 18,046,000.00
A-I-8 60,608.18 60,608.18 0.00 0.00 9,094,000.00
A-I-9 68,539.09 68,539.09 0.00 0.00 10,284,000.00
A-I-10 181,236.55 181,236.55 0.00 0.00 27,538,000.00
A-II-1 5,608.88 139,091.65 0.00 0.00 795,166.03
A-II-2 54,680.82 54,680.82 0.00 0.00 8,580,000.00
A-P 0.00 10,613.69 0.00 0.00 1,597,652.52
A-V-1 54,706.05 54,706.05 0.00 0.00 0.00
A-V-2 10,137.11 10,137.11 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 84,227.40 100,589.35 0.00 0.00 12,621,601.64
M-2 35,464.57 42,353.89 0.00 0.00 5,314,418.83
M-3 28,371.41 33,882.82 0.00 0.00 4,251,496.91
B-1 14,186.33 16,942.16 0.00 0.00 2,125,843.86
B-2 4,442.20 5,305.14 0.00 0.00 665,669.63
B-3 5,496.07 6,563.73 0.00 0.00 806,609.39
STRIP 5,376.10 5,376.10 0.00 0.00 0.00
- -------------------------------------------------------------------------------
753,083.21 2,478,640.09 0.00 0.00 103,133,221.00
===============================================================================
Run: 11/29/99 08:51:55
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-6 110.431297 57.737918 0.735984 58.473902 0.000000 52.693379
A-I-7 1000.000000 0.000000 6.664634 6.664634 0.000000 1000.000000
A-I-8 1000.000000 0.000000 6.664634 6.664634 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664633 6.664633 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.581326 6.581326 0.000000 1000.000000
A-II-1 57.964472 8.331738 0.350095 8.681833 0.000000 49.632734
A-II-2 1000.000000 0.000000 6.373056 6.373056 0.000000 1000.000000
A-P 529.097944 3.491762 0.000000 3.491762 0.000000 525.606182
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-1 955.214360 1.236684 6.366154 7.602838 0.000000 953.977676
M-2 955.214359 1.236684 6.366154 7.602838 0.000000 953.977675
M-3 955.214361 1.236685 6.366156 7.602841 0.000000 953.977676
B-1 955.214365 1.236686 6.366151 7.602837 0.000000 953.977679
B-2 957.111674 1.239144 6.378805 7.617949 0.000000 955.872530
B-3 493.439027 0.638837 3.288587 3.927424 0.000000 482.636655
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:55 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,645.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 993.21
SUBSERVICER ADVANCES THIS MONTH 43,892.77
MASTER SERVICER ADVANCES THIS MONTH 5,298.81
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 2,838,636.97
(B) TWO MONTHLY PAYMENTS: 9 1,024,365.17
(C) THREE OR MORE MONTHLY PAYMENTS: 9 979,427.38
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 340,352.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 103,133,221.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,225
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 643,631.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,571,084.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.98140670 % 21.18342600 % 3.45150780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.60432770 % 21.51345334 % 3.54370680 %
BANKRUPTCY AMOUNT AVAILABLE 184,567.00
FRAUD AMOUNT AVAILABLE 1,465,881.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,759,911.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.94392200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.50
POOL TRADING FACTOR: 37.02691835
................................................................................
Run: 11/29/99 08:50:56 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6(POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4220
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 76110FCQ4 138,145,180.00 45,841,428.27 5.768750 % 280,896.77
R 973,833.13 2,358,953.75 0.000000 % 45,335.41
- -------------------------------------------------------------------------------
139,119,013.13 48,200,382.02 326,232.18
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 234,828.53 515,725.30 0.00 0.00 45,560,531.50
R 37,243.37 82,578.78 0.00 0.00 2,313,618.34
- -------------------------------------------------------------------------------
272,071.90 598,304.08 0.00 0.00 47,874,149.84
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 331.835163 2.033345 1.699868 3.733213 0.000000 329.801818
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:50:56 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,801.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,876.11
SUBSERVICER ADVANCES THIS MONTH 20,182.28
MASTER SERVICER ADVANCES THIS MONTH 571.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,687,510.41
(B) TWO MONTHLY PAYMENTS: 3 430,257.02
(C) THREE OR MORE MONTHLY PAYMENTS: 4 442,847.49
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 148,015.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 47,874,149.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 618
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,289.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 212,999.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.10594390 % 4.89405610 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.16729100 % 4.83270900 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.44729411
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 245.97
POOL TRADING FACTOR: 34.41237022
................................................................................
Run: 11/29/99 08:51:56 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-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 1,731,048.70 8.000000 % 986,232.11
A-I-8 76110FDB6 6,884,000.00 6,884,000.00 8.000000 % 0.00
A-I-9 76110FDC4 11,229,000.00 11,229,000.00 8.000000 % 0.00
A-I-10 76110FDD2 22,501,000.00 22,501,000.00 8.000000 % 0.00
A-II-1 76110FDE0 11,162,000.00 1,603,141.44 8.000000 % 109,806.90
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 671,278.65 0.000000 % 1,287.57
A-V-1 796QS5AV1 0.00 0.00 1.016372 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.400294 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,416,339.70 8.000000 % 9,405.77
M-2 76110FDK6 3,958,800.00 3,712,085.15 8.000000 % 4,707.85
M-3 76110FDL4 2,815,100.00 2,642,873.87 8.000000 % 3,351.82
B-1 76110FDM2 1,407,600.00 1,334,256.36 8.000000 % 1,692.17
B-2 76110FDN0 439,800.00 421,384.13 8.000000 % 534.42
B-3 76110FDP5 1,055,748.52 684,968.81 8.000000 % 868.71
- -------------------------------------------------------------------------------
175,944,527.21 65,356,376.81 1,117,887.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 11,519.41 997,751.52 0.00 0.00 744,816.59
A-I-8 45,810.18 45,810.18 0.00 0.00 6,884,000.00
A-I-9 74,724.37 74,724.37 0.00 0.00 11,229,000.00
A-I-10 149,734.88 149,734.88 0.00 0.00 22,501,000.00
A-II-1 10,668.25 120,475.15 0.00 0.00 1,493,334.54
A-II-2 30,112.01 30,112.01 0.00 0.00 4,525,000.00
A-P 0.00 1,287.57 0.00 0.00 669,991.08
A-V-1 39,560.58 39,560.58 0.00 0.00 0.00
A-V-2 6,181.18 6,181.18 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,352.68 58,758.45 0.00 0.00 7,406,933.93
M-2 24,702.39 29,410.24 0.00 0.00 3,707,377.30
M-3 17,587.24 20,939.06 0.00 0.00 2,639,522.05
B-1 8,878.92 10,571.09 0.00 0.00 1,332,564.19
B-2 2,804.14 3,338.56 0.00 0.00 420,849.71
B-3 4,558.19 5,426.90 0.00 0.00 684,100.10
- -------------------------------------------------------------------------------
476,194.42 1,594,081.74 0.00 0.00 64,238,489.49
===============================================================================
Run: 11/29/99 08:51:56
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-7 102.271576 58.267288 0.680575 58.947863 0.000000 44.004289
A-I-8 1000.000000 0.000000 6.654587 6.654587 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.654588 6.654588 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.654588 6.654588 0.000000 1000.000000
A-II-1 143.624927 9.837565 0.955765 10.793330 0.000000 133.787363
A-II-2 1000.000000 0.000000 6.654588 6.654588 0.000000 1000.000000
A-P 607.009300 1.164296 0.000000 1.164296 0.000000 605.845004
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-1 936.583911 1.187822 6.232579 7.420401 0.000000 935.396089
M-2 937.679385 1.189211 6.239868 7.429079 0.000000 936.490174
M-3 938.820600 1.190658 6.247465 7.438123 0.000000 937.629942
B-1 947.894544 1.202167 6.307843 7.510010 0.000000 946.692377
B-2 958.126717 1.215143 6.375944 7.591087 0.000000 956.911573
B-3 648.799214 0.822838 4.317496 5.140334 0.000000 647.976376
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:56 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,431.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 393.23
SUBSERVICER ADVANCES THIS MONTH 38,874.86
MASTER SERVICER ADVANCES THIS MONTH 1,623.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,672,682.04
(B) TWO MONTHLY PAYMENTS: 6 756,814.13
(C) THREE OR MORE MONTHLY PAYMENTS: 4 306,053.54
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 691,352.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 64,238,489.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 761
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 195,887.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,029,397.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.93718260 % 21.07108700 % 3.73430940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.52929090 % 21.41058015 % 3.83446840 %
BANKRUPTCY AMOUNT AVAILABLE 125,000.00
FRAUD AMOUNT AVAILABLE 651,277.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,655,538.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.08357200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.84
POOL TRADING FACTOR: 36.51064941
................................................................................
Run: 11/29/99 08:51:56 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FDQ3 20,106,154.00 0.00 7.050000 % 0.00
A-I-2 76110FDR1 43,322,483.00 0.00 0.000000 % 0.00
A-I-3 76110FDS9 0.00 0.00 0.000000 % 0.00
A-I-4 76110FDT7 13,330,948.00 0.00 7.125000 % 0.00
A-I-5 76110FDU4 24,973,716.00 0.00 7.600000 % 0.00
A-I-6 76110FDV2 0.00 0.00 8.000000 % 0.00
A-I-7 76110FDW0 1,000,000.00 0.00 7.700000 % 0.00
A-I-8 76110FDX8 9,539,699.00 0.00 7.700000 % 0.00
A-I-9 76110FDY6 22,526,000.00 8,117,103.80 8.000000 % 1,551,488.70
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 8,634,434.59 8.000000 % 45,613.53
A-P 76110FED1 601,147.92 312,347.13 0.000000 % 634.98
A-V-1 796QS7AV1 0.00 0.00 0.884810 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.468463 % 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 8,668,122.17 8.000000 % 10,473.59
M-2 76110FEH2 5,126,400.00 4,875,283.77 8.000000 % 5,890.75
M-3 76110FEJ8 3,645,500.00 3,466,925.51 8.000000 % 4,189.04
B-1 1,822,700.00 1,733,415.22 8.000000 % 2,094.46
B-2 569,600.00 541,698.23 8.000000 % 654.53
B-3 1,366,716.75 1,017,468.93 8.000000 % 1,229.40
- -------------------------------------------------------------------------------
227,839,864.67 88,056,799.35 1,622,268.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 0.00 0.00 0.00 0.00 0.00
A-I-8 0.00 0.00 0.00 0.00 0.00
A-I-9 54,090.85 1,605,579.55 0.00 0.00 6,565,615.10
A-I-10 77,633.40 77,633.40 0.00 0.00 11,650,000.00
A-I-11 202,719.79 202,719.79 0.00 0.00 30,421,000.00
A-I-12 57,435.39 57,435.39 0.00 0.00 8,619,000.00
A-II 57,538.24 103,151.77 0.00 0.00 8,588,821.06
A-P 0.00 634.98 0.00 0.00 311,712.15
A-V-1 50,123.72 50,123.72 0.00 0.00 0.00
A-V-2 7,823.39 7,823.39 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 57,762.73 68,236.32 0.00 0.00 8,657,648.58
M-2 32,487.97 38,378.72 0.00 0.00 4,869,393.02
M-3 23,102.94 27,291.98 0.00 0.00 3,462,736.47
B-1 11,551.15 13,645.61 0.00 0.00 1,731,320.76
B-2 3,609.77 4,264.30 0.00 0.00 541,043.70
B-3 6,780.22 8,009.62 0.00 0.00 960,836.31
- -------------------------------------------------------------------------------
642,659.56 2,264,928.54 0.00 0.00 86,379,127.15
===============================================================================
Run: 11/29/99 08:51:56
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-9 360.343772 68.875464 2.401263 71.276727 0.000000 291.468308
A-I-10 1000.000000 0.000000 6.663811 6.663811 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.663811 6.663811 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.663811 6.663811 0.000000 1000.000000
A-II 429.488390 2.268878 2.862029 5.130907 0.000000 427.219512
A-P 519.584481 1.056279 0.000000 1.056279 0.000000 518.528202
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-1 951.015093 1.149100 6.337385 7.486485 0.000000 949.865993
M-2 951.015092 1.149101 6.337385 7.486486 0.000000 949.865992
M-3 951.015090 1.149099 6.337386 7.486485 0.000000 949.865991
B-1 951.015098 1.149097 6.337384 7.486481 0.000000 949.866001
B-2 951.015151 1.149105 6.337377 7.486482 0.000000 949.866046
B-3 744.462179 0.899528 4.960955 5.860483 0.000000 703.025195
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:56 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,078.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 700.80
SUBSERVICER ADVANCES THIS MONTH 42,329.75
MASTER SERVICER ADVANCES THIS MONTH 2,224.09
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 2,978,739.02
(B) TWO MONTHLY PAYMENTS: 6 511,509.62
(C) THREE OR MORE MONTHLY PAYMENTS: 4 641,417.00
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 777,351.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 86,379,127.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 992
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 271,090.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,463,159.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.86131340 % 19.31745400 % 3.73915750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 76.50332730 % 19.66884667 % 3.75659100 %
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 9.08666900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 288.40
POOL TRADING FACTOR: 37.91220965
................................................................................
Run: 11/29/99 08:50:58 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-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 73,949.94 7.400000 % 32,135.41
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 0.00 7.050000 % 0.00
A-4 76110FEN9 3,765,148.00 718,332.20 7.300000 % 312,155.66
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 301,984.00 7.400000 % 131,228.97
A-7 76110FER0 31,579,563.00 3,055,810.45 5.910000 % 216,112.34
A-8 76110FES8 0.00 0.00 3.090000 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 9,614,097.90 7.400000 % 207,122.78
A-11 76110FEV1 13,975,000.00 13,975,000.00 7.750000 % 0.00
A-12 76110FEW9 2,000,000.00 2,000,000.00 7.750000 % 0.00
A-13 76110FEX7 20,646,958.00 20,646,958.00 7.750000 % 0.00
A-14 76110FEY5 115,824.70 62,815.16 0.000000 % 8,005.72
A-15-1 96QS8A151 0.00 0.00 0.990553 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.514673 % 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 6,337,594.77 7.750000 % 5,619.27
M-2 76110FFC2 4,440,700.00 4,225,094.92 7.750000 % 3,746.21
M-3 76110FFD0 3,108,500.00 2,957,575.95 7.750000 % 2,622.35
B-1 1,509,500.00 1,436,210.68 7.750000 % 1,273.43
B-2 444,000.00 422,442.89 7.750000 % 374.56
B-3 1,154,562.90 923,906.39 7.750000 % 819.18
- -------------------------------------------------------------------------------
177,623,205.60 66,751,773.25 921,215.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 455.72 32,591.13 0.00 0.00 41,814.53
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 4,366.98 316,522.64 0.00 0.00 406,176.54
A-5 0.00 0.00 0.00 0.00 0.00
A-6 1,861.01 133,089.98 0.00 0.00 170,755.03
A-7 15,039.97 231,152.31 0.00 0.00 2,839,698.11
A-8 7,863.54 7,863.54 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 59,247.95 266,370.73 0.00 0.00 9,406,975.12
A-11 90,195.86 90,195.86 0.00 0.00 13,975,000.00
A-12 12,908.18 12,908.18 0.00 0.00 2,000,000.00
A-13 133,257.25 133,257.25 0.00 0.00 20,646,958.00
A-14 0.00 8,005.72 0.00 0.00 54,809.44
A-15-1 45,156.01 45,156.01 0.00 0.00 0.00
A-15-2 5,148.38 5,148.38 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 40,903.38 46,522.65 0.00 0.00 6,331,975.50
M-2 27,269.13 31,015.34 0.00 0.00 4,221,348.71
M-3 19,088.45 21,710.80 0.00 0.00 2,954,953.60
B-1 9,269.43 10,542.86 0.00 0.00 1,434,937.25
B-2 2,726.49 3,101.05 0.00 0.00 422,068.33
B-3 5,962.98 6,782.16 0.00 0.00 923,087.21
- -------------------------------------------------------------------------------
480,720.71 1,401,936.59 0.00 0.00 65,830,557.37
===============================================================================
Run: 11/29/99 08:50:58
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 18.487485 8.033853 0.113930 8.147783 0.000000 10.453632
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-4 190.784585 82.906611 1.159843 84.066454 0.000000 107.877975
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 116.125361 50.462977 0.715635 51.178612 0.000000 65.662383
A-7 96.765444 6.843424 0.476256 7.319680 0.000000 89.922020
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-10 458.825371 9.884774 2.827562 12.712336 0.000000 448.940597
A-11 1000.000000 0.000000 6.454087 6.454087 0.000000 1000.000000
A-12 1000.000000 0.000000 6.454090 6.454090 0.000000 1000.000000
A-13 1000.000000 0.000000 6.454086 6.454086 0.000000 1000.000000
A-14 542.329572 69.119281 0.000000 69.119281 0.000000 473.210291
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-1 951.447946 0.843608 6.140727 6.984335 0.000000 950.604339
M-2 951.447952 0.843608 6.140728 6.984336 0.000000 950.604344
M-3 951.447949 0.843606 6.140727 6.984333 0.000000 950.604343
B-1 951.447950 0.843610 6.140729 6.984339 0.000000 950.604339
B-2 951.447950 0.843604 6.140743 6.984347 0.000000 950.604347
B-3 800.221790 0.709472 5.164708 5.874180 0.000000 799.512274
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:50:58 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,806.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,019.42
SUBSERVICER ADVANCES THIS MONTH 27,138.47
MASTER SERVICER ADVANCES THIS MONTH 1,342.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,150,852.09
(B) TWO MONTHLY PAYMENTS: 3 436,950.74
(C) THREE OR MORE MONTHLY PAYMENTS: 3 305,371.59
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 469,646.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,830,557.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 751
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 162,172.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 861,998.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.55393570 % 20.27362000 % 4.17244480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.23651020 % 20.51976825 % 4.22662280 %
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 8.97765624
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 309.84
POOL TRADING FACTOR: 37.06191268
................................................................................
Run: 11/29/99 08:51:00 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFE8 33,258,000.00 0.00 6.750000 % 0.00
A-2 76110FFF5 10,146,000.00 0.00 6.750000 % 0.00
A-3 76110FFG3 24,816,000.00 0.00 6.750000 % 0.00
A-4 76110FFH1 15,938,000.00 0.00 6.750000 % 0.00
A-5 76110FFJ7 10,253,000.00 0.00 6.750000 % 0.00
A-6 76110FFK4 31,511,646.00 7,341,519.51 11.000000 % 218,378.75
A-7 76110FFL2 17,652,000.00 354,630.79 6.750000 % 354,630.79
A-8 76110FFM0 5,655,589.00 4,570,030.90 6.750000 % 194,114.46
A-9 76110FFN8 19,068,000.00 19,068,000.00 6.750000 % 470,355.63
A-10 76110FFP3 10,267,765.00 10,267,765.00 6.750000 % 0.00
A-11 76110FFQ1 47,506,000.00 47,506,000.00 7.500000 % 0.00
A-12 76110FFR9 212,947.62 128,668.36 0.000000 % 156.81
A-13-1 0.00 0.00 1.014036 % 0.00
A-13-2 0.00 0.00 0.652628 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,136,270.26 7.500000 % 7,782.40
M-2 76110FFW8 6,251,000.00 6,090,522.07 7.500000 % 5,187.99
M-3 76110FFW8 4,375,700.00 4,263,365.44 7.500000 % 3,631.59
B-1 1,624,900.00 1,583,184.97 7.500000 % 1,348.58
B-2 624,800.00 608,759.92 7.500000 % 0.00
B-3 1,500,282.64 1,304,980.45 7.500000 % 0.00
- -------------------------------------------------------------------------------
250,038,730.26 112,223,697.67 1,255,587.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 67,273.36 285,652.11 0.00 0.00 7,123,140.76
A-7 1,994.09 356,624.88 0.00 0.00 0.00
A-8 25,697.29 219,811.75 0.00 0.00 4,375,916.44
A-9 107,219.41 577,575.04 0.00 0.00 18,597,644.37
A-10 57,735.67 57,735.67 0.00 0.00 10,267,765.00
A-11 296,807.07 296,807.07 0.00 0.00 47,506,000.00
A-12 0.00 156.81 0.00 0.00 128,511.55
A-13-1 76,346.94 76,346.94 0.00 0.00 0.00
A-13-2 11,875.47 11,875.47 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 57,081.41 64,863.81 0.00 0.00 9,128,487.86
M-2 38,052.24 43,240.23 0.00 0.00 6,085,334.08
M-3 26,636.57 30,268.16 0.00 0.00 4,259,733.85
B-1 9,891.40 11,239.98 0.00 0.00 1,581,836.39
B-2 2,014.88 2,014.88 0.00 0.00 608,759.92
B-3 0.00 0.00 0.00 0.00 1,278,642.59
- -------------------------------------------------------------------------------
778,625.80 2,034,212.80 0.00 0.00 110,941,772.81
===============================================================================
Run: 11/29/99 08:51:00
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 232.977976 6.930097 2.134873 9.064970 0.000000 226.047880
A-7 20.090120 20.090120 0.112967 20.203087 0.000000 0.000000
A-8 808.055695 34.322590 4.543698 38.866288 0.000000 773.733105
A-9 1000.000000 24.667277 5.623002 30.290279 0.000000 975.332723
A-10 1000.000000 0.000000 5.623003 5.623003 0.000000 1000.000000
A-11 1000.000000 0.000000 6.247781 6.247781 0.000000 1000.000000
A-12 604.225396 0.736378 0.000000 0.736378 0.000000 603.489018
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-1 974.327638 0.829946 6.087385 6.917331 0.000000 973.497692
M-2 974.327639 0.829946 6.087384 6.917330 0.000000 973.497693
M-3 974.327637 0.829945 6.087385 6.917330 0.000000 973.497692
B-1 974.327632 0.829946 6.087390 6.917336 0.000000 973.497686
B-2 974.327657 0.000000 3.224840 3.224840 0.000000 974.327657
B-3 869.823069 0.000000 0.000000 0.000000 0.000000 852.267803
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:00 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1 (POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4237
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,473.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,692.15
SUBSERVICER ADVANCES THIS MONTH 47,926.00
MASTER SERVICER ADVANCES THIS MONTH 1,899.59
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,087,952.06
(B) TWO MONTHLY PAYMENTS: 5 590,950.39
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,214,410.64
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,242,001.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 110,941,772.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,189
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 231,722.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,135,213.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.49321820 % 17.38717400 % 3.11960790 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.29598460 % 17.55295169 % 3.13070730 %
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 8.76589830
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 314.92
POOL TRADING FACTOR: 44.36983530
................................................................................
Run: 11/29/99 08:51:02 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFY4 31,108,570.00 5,194,287.07 9.000000 % 171,223.95
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 4,522,915.63 7.250000 % 369,197.76
A-5 76110FGC1 10,000,000.00 1,091,372.92 7.250000 % 58,862.15
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 0.00
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 78,699.63 0.000000 % 92.12
A-10-1 97QS2A101 0.00 0.00 0.782498 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.431664 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,788,949.45 7.750000 % 4,167.56
M-2 76110FGL1 4,109,600.00 3,990,726.48 7.750000 % 3,472.91
M-3 76110FGM9 2,630,200.00 2,554,119.33 7.750000 % 2,222.71
B-1 1,068,500.00 1,037,592.76 7.750000 % 902.96
B-2 410,900.00 399,014.40 7.750000 % 347.24
B-3 821,738.81 700,433.51 7.750000 % 609.56
- -------------------------------------------------------------------------------
164,383,983.57 73,130,324.18 611,098.92
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 38,939.40 210,163.35 0.00 0.00 5,023,063.12
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 27,313.50 396,511.26 0.00 0.00 4,153,717.87
A-5 6,590.71 65,452.86 0.00 0.00 1,032,510.77
A-6 44,515.43 44,515.43 0.00 0.00 7,371,430.00
A-7 67,141.11 67,141.11 0.00 0.00 10,400,783.00
A-8 200,117.11 200,117.11 0.00 0.00 31,000,000.00
A-9 0.00 92.12 0.00 0.00 78,607.51
A-10-1 38,195.27 38,195.27 0.00 0.00 0.00
A-10-2 5,224.10 5,224.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,914.54 35,082.10 0.00 0.00 4,784,781.89
M-2 25,761.70 29,234.61 0.00 0.00 3,987,253.57
M-3 16,487.83 18,710.54 0.00 0.00 2,551,896.62
B-1 6,698.07 7,601.03 0.00 0.00 1,036,689.80
B-2 2,575.80 2,923.04 0.00 0.00 398,667.16
B-3 4,521.57 5,131.13 0.00 0.00 699,823.95
- -------------------------------------------------------------------------------
514,996.14 1,126,095.06 0.00 0.00 72,519,225.26
===============================================================================
Run: 11/29/99 08:51:02
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-1 166.972865 5.504077 1.251726 6.755803 0.000000 161.468789
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-4 248.511848 20.285591 1.500742 21.786333 0.000000 228.226257
A-5 109.137292 5.886215 0.659071 6.545286 0.000000 103.251077
A-6 1000.000000 0.000000 6.038914 6.038914 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455390 6.455390 0.000000 1000.000000
A-8 1000.000000 0.000000 6.455391 6.455391 0.000000 1000.000000
A-9 602.777031 0.705566 0.000000 0.705566 0.000000 602.071464
A-10-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 971.074185 0.845073 6.268663 7.113736 0.000000 970.229112
M-2 971.074187 0.845073 6.268664 7.113737 0.000000 970.229115
M-3 971.074188 0.845073 6.268660 7.113733 0.000000 970.229116
B-1 971.074179 0.845073 6.268666 7.113739 0.000000 970.229106
B-2 971.074227 0.845072 6.268679 7.113751 0.000000 970.229156
B-3 852.379736 0.741769 5.502442 6.244211 0.000000 851.637943
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,153.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,403.36
SUBSERVICER ADVANCES THIS MONTH 27,794.09
MASTER SERVICER ADVANCES THIS MONTH 2,680.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,384,567.65
(B) TWO MONTHLY PAYMENTS: 8 574,269.95
(C) THREE OR MORE MONTHLY PAYMENTS: 2 205,505.84
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 300,077.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 72,519,225.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 829
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 318,150.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 547,454.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.55984070 % 15.51477500 % 2.92538420 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.42048840 % 15.61507592 % 2.94749130 %
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 8.78045875
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 315.08
POOL TRADING FACTOR: 44.11574880
................................................................................
Run: 11/29/99 08:51:02 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3(POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4244
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FGS6 32,109,000.00 0.00 7.250000 % 0.00
A-2 76110FGT4 26,579,000.00 0.00 7.500000 % 0.00
A-3 76110FGU1 16,821,000.00 1,401,387.90 7.500000 % 1,072,406.20
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 15,374,000.00 200,198.27 9.500000 % 153,200.89
A-8 76110FGZ0 27,500,000.00 27,500,000.00 7.750000 % 0.00
A-9 76110FHA4 107,351.50 69,316.45 0.000000 % 103.20
A-10-1 97QS3A101 0.00 0.00 0.800395 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.508799 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,191,919.37 7.750000 % 4,175.92
M-2 76110FHE6 4,112,900.00 3,993,836.44 7.750000 % 3,212.29
M-3 76110FHF3 2,632,200.00 2,556,000.90 7.750000 % 2,055.82
B-1 1,069,400.00 1,038,442.14 7.750000 % 835.23
B-2 411,200.00 399,296.25 7.750000 % 321.16
B-3 823,585.68 536,572.34 7.750000 % 431.56
- -------------------------------------------------------------------------------
164,514,437.18 74,514,970.06 1,236,742.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 8,752.62 1,081,158.82 0.00 0.00 328,981.70
A-4 151,601.47 151,601.47 0.00 0.00 23,490,000.00
A-5 46,067.74 46,067.74 0.00 0.00 7,138,000.00
A-6 6,453.87 6,453.87 0.00 0.00 1,000,000.00
A-7 1,583.81 154,784.70 0.00 0.00 46,997.38
A-8 177,481.50 177,481.50 0.00 0.00 27,500,000.00
A-9 0.00 103.20 0.00 0.00 69,213.25
A-10-1 37,669.19 37,669.19 0.00 0.00 0.00
A-10-2 7,626.74 7,626.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,507.99 37,683.91 0.00 0.00 5,187,743.45
M-2 25,775.71 28,988.00 0.00 0.00 3,990,624.15
M-3 16,496.11 18,551.93 0.00 0.00 2,553,945.08
B-1 6,701.98 7,537.21 0.00 0.00 1,037,606.91
B-2 2,577.01 2,898.17 0.00 0.00 398,975.09
B-3 3,462.97 3,894.53 0.00 0.00 536,140.78
- -------------------------------------------------------------------------------
525,758.71 1,762,500.98 0.00 0.00 73,278,227.79
===============================================================================
Run: 11/29/99 08:51:02
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3(POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4244
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 83.311807 63.754010 0.520339 64.274349 0.000000 19.557797
A-4 1000.000000 0.000000 6.453873 6.453873 0.000000 1000.000000
A-5 1000.000000 0.000000 6.453872 6.453872 0.000000 1000.000000
A-6 1000.000000 0.000000 6.453870 6.453870 0.000000 1000.000000
A-7 13.021873 9.964933 0.103019 10.067952 0.000000 3.056939
A-8 1000.000000 0.000000 6.453873 6.453873 0.000000 1000.000000
A-9 645.696148 0.961328 0.000000 0.961328 0.000000 644.734820
A-10-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-10-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 971.051185 0.781028 6.267041 7.048069 0.000000 970.270157
M-2 971.051190 0.781028 6.267040 7.048068 0.000000 970.270162
M-3 971.051174 0.781027 6.267043 7.048070 0.000000 970.270147
B-1 971.051188 0.781027 6.267047 7.048074 0.000000 970.270161
B-2 971.051192 0.781031 6.267048 7.048079 0.000000 970.270161
B-3 651.507612 0.523989 4.204748 4.728737 0.000000 650.983606
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:03 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3 (POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4244
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,388.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,548.38
SUBSERVICER ADVANCES THIS MONTH 36,416.45
MASTER SERVICER ADVANCES THIS MONTH 790.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,076,134.77
(B) TWO MONTHLY PAYMENTS: 3 856,264.30
(C) THREE OR MORE MONTHLY PAYMENTS: 1 462,296.00
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,247,485.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,278,227.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 780
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 99,594.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,176,784.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.57573110 % 15.77225300 % 2.65201610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.27957940 % 16.01063922 % 2.69464460 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 850,914.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,609,783.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79743639
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.25
POOL TRADING FACTOR: 44.54212594
................................................................................
Run: 11/29/99 08:51:04 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHK2 43,231,010.00 0.00 7.250000 % 0.00
A-2 76110FHL0 35,775,000.00 0.00 7.250000 % 0.00
A-3 76110FHM8 22,398,546.00 3,086,276.95 7.250000 % 1,349,785.56
A-4 76110FHN6 24,498,244.00 2,649,739.21 10.000000 % 299,952.31
A-5 76110FHP1 17,675,100.00 17,675,100.00 7.500000 % 0.00
A-6 76110FHQ9 7,150,100.00 7,150,100.00 7.750000 % 0.00
A-7 76110FHR7 52,000,000.00 52,000,000.00 7.750000 % 0.00
A-8 76110FHS5 155,284.33 120,102.51 0.000000 % 129.07
A-9-1 797QS4A91 0.00 0.00 0.801596 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.477422 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,018,748.06 7.750000 % 5,855.58
M-2 76110FHW6 4,975,300.00 4,859,095.70 7.750000 % 4,053.84
M-3 76110FHX4 3,316,900.00 3,239,429.70 7.750000 % 2,702.58
B-1 1,216,200.00 1,187,794.15 7.750000 % 990.95
B-2 552,900.00 539,986.33 7.750000 % 450.50
B-3 995,114.30 824,792.35 7.750000 % 688.11
- -------------------------------------------------------------------------------
221,126,398.63 100,351,164.96 1,664,608.50
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 18,639.03 1,368,424.59 0.00 0.00 1,736,491.39
A-4 22,072.60 322,024.91 0.00 0.00 2,349,786.90
A-5 110,426.58 110,426.58 0.00 0.00 17,675,100.00
A-6 46,159.84 46,159.84 0.00 0.00 7,150,100.00
A-7 335,703.20 335,703.20 0.00 0.00 52,000,000.00
A-8 0.00 129.07 0.00 0.00 119,973.44
A-9-1 53,161.27 53,161.27 0.00 0.00 0.00
A-9-2 8,247.13 8,247.13 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,311.85 51,167.43 0.00 0.00 7,012,892.48
M-2 31,369.50 35,423.34 0.00 0.00 4,855,041.86
M-3 20,913.21 23,615.79 0.00 0.00 3,236,727.12
B-1 7,668.20 8,659.15 0.00 0.00 1,186,803.20
B-2 3,486.06 3,936.56 0.00 0.00 539,535.83
B-3 5,324.72 6,012.83 0.00 0.00 806,100.28
- -------------------------------------------------------------------------------
708,483.19 2,373,091.69 0.00 0.00 98,668,552.50
===============================================================================
Run: 11/29/99 08:51:04
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 137.789165 60.262196 0.832154 61.094350 0.000000 77.526969
A-4 108.160373 12.243829 0.900987 13.144816 0.000000 95.916544
A-5 1000.000000 0.000000 6.247579 6.247579 0.000000 1000.000000
A-6 1000.000000 0.000000 6.455831 6.455831 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455831 6.455831 0.000000 1000.000000
A-8 773.436122 0.831185 0.000000 0.831185 0.000000 772.604937
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-1 976.643762 0.814791 6.305047 7.119838 0.000000 975.828971
M-2 976.643760 0.814793 6.305047 7.119840 0.000000 975.828967
M-3 976.643764 0.814791 6.305047 7.119838 0.000000 975.828973
B-1 976.643767 0.814792 6.305049 7.119841 0.000000 975.828976
B-2 976.643751 0.814795 6.305046 7.119841 0.000000 975.828956
B-3 828.841822 0.691488 5.350863 6.042351 0.000000 810.057977
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:04 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,785.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,249.54
SUBSERVICER ADVANCES THIS MONTH 21,900.04
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,877,974.89
(B) TWO MONTHLY PAYMENTS: 3 215,811.74
(C) THREE OR MORE MONTHLY PAYMENTS: 6 407,980.01
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 279,997.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 98,668,552.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,053
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 1,545,794.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.37088800 % 15.08242400 % 2.54668840 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.10314050 % 15.30848591 % 2.56973700 %
BANKRUPTCY AMOUNT AVAILABLE 123,032.00
FRAUD AMOUNT AVAILABLE 112,437.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,380,465.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80352983
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.13
POOL TRADING FACTOR: 44.62088340
................................................................................
Run: 11/29/99 08:51:04 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHZ9 33,300,000.00 0.00 7.250000 % 0.00
A-2 76110FJA2 10,800,000.00 0.00 7.250000 % 0.00
A-3 76110FJB0 29,956,909.00 2,357,740.42 10.000000 % 434,388.81
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 6,287,307.82 7.250000 % 1,158,370.15
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 340,158.57 194,502.02 0.000000 % 358.64
A-11-1 0.00 0.00 0.700407 % 0.00
A-11-2 0.00 0.00 0.359582 % 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 6,571,940.46 8.000000 % 7,178.31
M-2 76110FJP9 4,330,000.00 4,228,306.43 8.000000 % 4,618.44
M-3 76110FJQ7 2,886,000.00 2,818,219.95 8.000000 % 3,078.25
B-1 1,058,000.00 1,033,151.98 8.000000 % 1,128.48
B-2 481,000.00 469,703.33 8.000000 % 513.04
B-3 866,066.26 597,881.51 8.000000 % 653.05
- -------------------------------------------------------------------------------
192,360,424.83 90,385,753.92 1,610,287.17
===============================================================================
_______________________________________________________________________________
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 19,631.93 454,020.74 0.00 0.00 1,923,351.61
A-4 0.00 0.00 0.00 0.00 0.00
A-5 37,955.07 1,196,325.22 0.00 0.00 5,128,937.67
A-6 120,855.40 120,855.40 0.00 0.00 18,143,000.00
A-7 31,754.27 31,754.27 0.00 0.00 4,767,000.00
A-8 26,801.41 26,801.41 0.00 0.00 0.00
A-9 259,080.28 259,080.28 0.00 0.00 42,917,000.00
A-10 0.00 358.64 0.00 0.00 194,143.38
A-11-1 40,060.10 40,060.10 0.00 0.00 0.00
A-11-2 6,495.86 6,495.86 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 43,777.47 50,955.78 0.00 0.00 6,564,762.15
M-2 28,165.89 32,784.33 0.00 0.00 4,223,687.99
M-3 18,772.92 21,851.17 0.00 0.00 2,815,141.70
B-1 6,882.10 8,010.58 0.00 0.00 1,032,023.50
B-2 3,128.82 3,641.86 0.00 0.00 469,190.29
B-3 3,982.65 4,635.70 0.00 0.00 506,111.47
- -------------------------------------------------------------------------------
647,344.17 2,257,631.34 0.00 0.00 88,684,349.76
===============================================================================
Run: 11/29/99 08:51:04
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 78.704396 14.500455 0.655339 15.155794 0.000000 64.203941
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 533.496756 98.291150 3.220601 101.511751 0.000000 435.205606
A-6 1000.000000 0.000000 6.661269 6.661269 0.000000 1000.000000
A-7 1000.000000 0.000000 6.661269 6.661269 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.036775 6.036775 0.000000 1000.000000
A-10 571.798088 1.054332 0.000000 1.054332 0.000000 570.743756
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-1 976.514184 1.066614 6.504825 7.571439 0.000000 975.447571
M-2 976.514187 1.066614 6.504824 7.571438 0.000000 975.447573
M-3 976.514189 1.066615 6.504823 7.571438 0.000000 975.447575
B-1 976.514159 1.066616 6.504820 7.571436 0.000000 975.447543
B-2 976.514200 1.066611 6.504823 7.571434 0.000000 975.447588
B-3 690.341533 0.754042 4.598551 5.352593 0.000000 584.379618
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:04 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,484.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 109.29
SUBSERVICER ADVANCES THIS MONTH 24,945.90
MASTER SERVICER ADVANCES THIS MONTH 4,076.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,081,097.81
(B) TWO MONTHLY PAYMENTS: 6 565,977.11
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 435,854.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,684,349.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 935
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 489,383.92
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,360,788.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.57125460 % 15.09954300 % 2.32920240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.35859340 % 15.33933764 % 2.26841520 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 995,474.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,391,187.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92891391
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.93
POOL TRADING FACTOR: 46.10321995
................................................................................
Run: 11/29/99 08:51:05 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6(POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4249
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJR5 42,946,000.00 0.00 7.500000 % 0.00
A-2 76110FJS3 15,683,000.00 12,467,295.66 7.500000 % 1,139,613.32
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 19,285,369.99 7.500000 % 79,417.70
A-6 76110FJW4 164,986.80 79,988.21 0.000000 % 3,765.06
A-7-1 0.00 0.00 0.841999 % 0.00
A-7-2 0.00 0.00 0.298554 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,409,119.51 7.500000 % 9,920.82
M-2 76110FKA0 1,061,700.00 963,593.34 7.500000 % 3,968.10
M-3 76110FKB8 690,100.00 626,331.14 7.500000 % 2,579.25
B-1 371,600.00 337,262.20 7.500000 % 1,388.86
B-2 159,300.00 144,579.83 7.500000 % 595.38
B-3 372,446.48 331,116.64 7.500000 % 1,363.55
- -------------------------------------------------------------------------------
106,172,633.28 57,436,656.52 1,242,612.04
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 77,786.60 1,217,399.92 0.00 0.00 11,327,682.34
A-3 116,961.02 116,961.02 0.00 0.00 18,746,000.00
A-4 12,765.51 12,765.51 0.00 0.00 2,046,000.00
A-5 120,326.28 199,743.98 0.00 0.00 19,205,952.29
A-6 0.00 3,765.06 0.00 0.00 76,223.15
A-7-1 33,881.78 33,881.78 0.00 0.00 0.00
A-7-2 2,251.65 2,251.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,031.11 24,951.93 0.00 0.00 2,399,198.69
M-2 6,012.10 9,980.20 0.00 0.00 959,625.24
M-3 3,907.84 6,487.09 0.00 0.00 623,751.89
B-1 2,104.27 3,493.13 0.00 0.00 335,873.34
B-2 902.07 1,497.45 0.00 0.00 143,984.45
B-3 2,065.92 3,429.47 0.00 0.00 329,753.09
- -------------------------------------------------------------------------------
393,996.15 1,636,608.19 0.00 0.00 56,194,044.48
===============================================================================
_______________________________________________________________________________
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-2 794.956045 72.665518 4.959931 77.625449 0.000000 722.290527
A-3 1000.000000 0.000000 6.239252 6.239252 0.000000 1000.000000
A-4 1000.000000 0.000000 6.239252 6.239252 0.000000 1000.000000
A-5 906.395168 3.732561 5.655228 9.387789 0.000000 902.662607
A-6 484.815816 22.820371 0.000000 22.820371 0.000000 461.995445
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-1 907.594752 3.737500 5.662715 9.400215 0.000000 903.857252
M-2 907.594744 3.737496 5.662711 9.400207 0.000000 903.857248
M-3 907.594754 3.737502 5.662716 9.400218 0.000000 903.857253
B-1 907.594726 3.737513 5.662729 9.400242 0.000000 903.857212
B-2 907.594664 3.737476 5.662712 9.400188 0.000000 903.857188
B-3 889.031466 3.661063 5.546891 9.207954 0.000000 885.370403
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,872.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 829.24
SUBSERVICER ADVANCES THIS MONTH 20,786.96
MASTER SERVICER ADVANCES THIS MONTH 381.07
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 1,313,264.33
(B) TWO MONTHLY PAYMENTS: 6 231,318.52
(C) THREE OR MORE MONTHLY PAYMENTS: 7 341,854.96
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 34,381.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 56,194,044.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 869
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 35,173.44
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,006,073.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.61038670 % 6.97223900 % 1.41737430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.46049050 % 7.08718487 % 1.44269830 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 613,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 733,321.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.57400276
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 142.18
POOL TRADING FACTOR: 52.92705167
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 24,934,336.17 5,077,932.70 7.562506 % 5,844.38
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 5,077,932.70 5,844.38
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 31,992.27 37,836.65 0.00 0.00 5,072,088.32
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
31,992.27 37,836.65 0.00 0.00 5,072,088.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 203.652211 0.234391 1.283061 1.517452 0.000000 203.417821
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:59 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1 (POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3328
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,586.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 220.89
SUBSERVICER ADVANCES THIS MONTH 4,233.74
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 179,089.54
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 379,379.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 5,072,088.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 35
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,414.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000060 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02000800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.81
POOL TRADING FACTOR: 20.34178193
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 4,391,149.76 8.045807 % 117,701.60
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 4,391,149.76 117,701.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 28,810.77 146,512.37 0.00 0.00 4,273,448.16
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
28,810.77 146,512.37 0.00 0.00 4,273,448.16
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 142.576437 3.821658 0.935458 4.757116 0.000000 138.754778
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:59 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,338.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 187.44
SUBSERVICER ADVANCES THIS MONTH 2,558.22
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 357,940.68
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,273,448.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 30
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 114,303.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000110 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000140 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.9211 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.51927900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.63
POOL TRADING FACTOR: 13.87547762
................................................................................
Run: 11/29/99 08:51:06 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 12,238,450.99 7.500000 % 1,087,755.26
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 8,891,207.24 9.500000 % 155,393.61
A-8 76110FKP7 156,262.27 43,230.12 0.000000 % 4,122.42
A-9-1 0.00 0.00 0.844172 % 0.00
A-9-2 0.00 0.00 0.504488 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,483,084.20 7.750000 % 5,197.19
M-2 76110FKM4 3,827,000.00 3,704,757.82 7.750000 % 2,969.93
M-3 76110FKN2 2,870,200.00 2,778,519.99 7.750000 % 2,227.41
B-1 1,052,400.00 1,018,784.21 7.750000 % 816.71
B-2 478,400.00 463,118.92 7.750000 % 371.26
B-3 861,188.35 758,981.03 7.750000 % 608.44
- -------------------------------------------------------------------------------
191,342,550.62 86,380,134.52 1,259,462.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 76,454.09 1,164,209.35 0.00 0.00 11,150,695.73
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,717.44 68,717.44 0.00 0.00 11,000,000.00
A-4 24,988.16 24,988.16 0.00 0.00 4,000,000.00
A-5 112,967.30 112,967.30 0.00 0.00 17,500,000.00
A-6 105,679.10 105,679.10 0.00 0.00 17,500,000.00
A-7 70,355.38 225,748.99 0.00 0.00 8,735,813.63
A-8 0.00 4,122.42 0.00 0.00 39,107.70
A-9-1 50,702.44 50,702.44 0.00 0.00 0.00
A-9-2 5,997.18 5,997.18 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,850.09 47,047.28 0.00 0.00 6,477,887.01
M-2 23,915.23 26,885.16 0.00 0.00 3,701,787.89
M-3 17,936.11 20,163.52 0.00 0.00 2,776,292.58
B-1 6,576.53 7,393.24 0.00 0.00 1,017,967.50
B-2 2,989.56 3,360.82 0.00 0.00 462,747.66
B-3 4,899.43 5,507.87 0.00 0.00 758,372.59
- -------------------------------------------------------------------------------
614,028.04 1,873,490.27 0.00 0.00 85,120,672.29
===============================================================================
Run: 11/29/99 08:51:06
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-1 148.361045 13.186351 0.926817 14.113168 0.000000 135.174695
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.247040 6.247040 0.000000 1000.000000
A-4 1000.000000 0.000000 6.247040 6.247040 0.000000 1000.000000
A-5 1000.000000 0.000000 6.455274 6.455274 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038806 6.038806 0.000000 1000.000000
A-7 405.528266 7.087508 3.208911 10.296419 0.000000 398.440759
A-8 276.651043 26.381416 0.000000 26.381416 0.000000 250.269627
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-1 968.057966 0.776047 6.249080 7.025127 0.000000 967.281919
M-2 968.057962 0.776047 6.249080 7.025127 0.000000 967.281915
M-3 968.057972 0.776047 6.249080 7.025127 0.000000 967.281925
B-1 968.057972 0.776045 6.249078 7.025123 0.000000 967.281927
B-2 968.057943 0.776045 6.249080 7.025125 0.000000 967.281898
B-3 881.318274 0.706512 5.689150 6.395662 0.000000 880.611762
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:07 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,767.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 635.91
SUBSERVICER ADVANCES THIS MONTH 28,058.57
MASTER SERVICER ADVANCES THIS MONTH 3,615.28
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,540,361.31
(B) TWO MONTHLY PAYMENTS: 4 273,585.98
(C) THREE OR MORE MONTHLY PAYMENTS: 7 771,238.96
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 943,679.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,120,672.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 928
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 470,209.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,190,215.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.38615770 % 15.01833100 % 2.59551140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 82.14060200 % 15.22070624 % 2.63169560 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 910,546.00
SPECIAL HAZARD AMOUNT AVAILABLE 983,302.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.86302697
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.68
POOL TRADING FACTOR: 44.48601318
................................................................................
Run: 11/29/99 08:51:07 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 2,861,691.63 10.000000 % 191,184.35
A-4 76110FKX0 19,700,543.00 0.00 7.000000 % 0.00
A-5 76110FKY8 21,419,142.00 2,355,211.80 7.150000 % 1,365,602.51
A-6 76110FKZ5 6,323,320.00 6,323,320.00 7.250000 % 0.00
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 7,285,422.31 7.500000 % 336,884.02
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 10,274.95 0.000000 % 9.42
A-12-1 0.00 0.00 0.946449 % 0.00
A-12-2 0.00 0.00 0.665696 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,465,752.39 7.500000 % 5,930.25
M-2 76110FLJ0 4,361,000.00 4,266,563.50 7.500000 % 3,389.05
M-3 76110FLK7 3,270,500.00 3,199,678.07 7.500000 % 2,541.59
B-1 1,199,000.00 1,173,035.91 7.500000 % 931.77
B-2 545,000.00 533,198.18 7.500000 % 423.53
B-3 981,461.72 820,128.11 7.500000 % 651.45
- -------------------------------------------------------------------------------
218,029,470.88 112,297,585.85 1,907,547.94
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 23,835.63 215,019.98 0.00 0.00 2,670,507.28
A-4 0.00 0.00 0.00 0.00 0.00
A-5 14,026.20 1,379,628.71 0.00 0.00 989,609.29
A-6 38,184.49 38,184.49 0.00 0.00 6,323,320.00
A-7 99,615.88 99,615.88 0.00 0.00 16,496,308.00
A-8 45,511.36 382,395.38 0.00 0.00 6,948,538.29
A-9 30,713.97 30,713.97 0.00 0.00 5,000,001.00
A-10 340,500.19 340,500.19 0.00 0.00 54,507,000.00
A-11 0.00 9.42 0.00 0.00 10,265.53
A-12-1 68,508.52 68,508.52 0.00 0.00 0.00
A-12-2 14,079.64 14,079.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,637.86 52,568.11 0.00 0.00 7,459,822.14
M-2 26,652.83 30,041.88 0.00 0.00 4,263,174.45
M-3 19,988.10 22,529.69 0.00 0.00 3,197,136.48
B-1 7,327.84 8,259.61 0.00 0.00 1,172,104.14
B-2 3,330.84 3,754.37 0.00 0.00 532,774.65
B-3 5,123.26 5,774.71 0.00 0.00 819,476.66
- -------------------------------------------------------------------------------
784,036.61 2,691,584.55 0.00 0.00 110,390,037.91
===============================================================================
Run: 11/29/99 08:51:07
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-3 175.340694 11.714189 1.460449 13.174638 0.000000 163.626505
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 109.958270 63.756172 0.654844 64.411016 0.000000 46.202098
A-6 1000.000000 0.000000 6.038677 6.038677 0.000000 1000.000000
A-7 1000.000000 0.000000 6.038677 6.038677 0.000000 1000.000000
A-8 280.229719 12.958057 1.750569 14.708626 0.000000 267.271662
A-9 1000.000000 0.000000 6.142793 6.142793 0.000000 1000.000000
A-10 1000.000000 0.000000 6.246908 6.246908 0.000000 1000.000000
A-11 389.067657 0.356694 0.000000 0.356694 0.000000 388.710962
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-1 978.345222 0.777126 6.111632 6.888758 0.000000 977.568096
M-2 978.345219 0.777127 6.111633 6.888760 0.000000 977.568092
M-3 978.345229 0.777126 6.111634 6.888760 0.000000 977.568103
B-1 978.345213 0.777123 6.111626 6.888749 0.000000 977.568090
B-2 978.345284 0.777119 6.111633 6.888752 0.000000 977.568165
B-3 835.619050 0.663755 5.220030 5.883785 0.000000 834.955296
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:07 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,175.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 922.71
SUBSERVICER ADVANCES THIS MONTH 36,465.55
MASTER SERVICER ADVANCES THIS MONTH 686.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,346,554.13
(B) TWO MONTHLY PAYMENTS: 9 873,597.98
(C) THREE OR MORE MONTHLY PAYMENTS: 4 322,149.76
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 129,611.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 110,390,037.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,107
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,142.14
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,818,345.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.45206670 % 13.29802400 % 2.24990890 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.19593720 % 13.51583291 % 2.28697290 %
BANKRUPTCY AMOUNT AVAILABLE 113,527.00
FRAUD AMOUNT AVAILABLE 1,163,492.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,574,115.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.71334285
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.09
POOL TRADING FACTOR: 50.63078742
................................................................................
Run: 11/29/99 08:51:09 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 3,548,845.70 10.000000 % 310,057.41
A-4 76110FLP6 38,010,000.00 2,355,189.79 6.750000 % 1,705,315.77
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 1.038740 % 0.00
A-9-2 0.00 0.00 0.718569 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,972,287.25 7.250000 % 17,943.20
M-2 76110FLX9 5,420,000.00 5,314,858.15 7.250000 % 11,962.14
M-3 76110FLY2 4,065,000.00 3,986,143.60 7.250000 % 8,971.60
B-1 1,490,500.00 1,461,585.96 7.250000 % 3,289.59
B-2 677,500.00 664,357.28 7.250000 % 1,495.27
B-3 1,219,925.82 1,170,273.26 7.250000 % 2,633.92
- -------------------------------------------------------------------------------
271,005,025.82 144,324,002.99 2,061,668.90
===============================================================================
_______________________________________________________________________________
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 29,565.78 339,623.19 0.00 0.00 3,238,788.29
A-4 13,244.39 1,718,560.16 0.00 0.00 649,874.02
A-5 96,518.57 96,518.57 0.00 0.00 17,163,462.00
A-6 181,062.45 181,062.45 0.00 0.00 29,977,000.00
A-7 97,033.34 97,033.34 0.00 0.00 16,065,000.00
A-8 330,058.31 330,058.31 0.00 0.00 54,645,000.00
A-9-1 107,359.39 107,359.39 0.00 0.00 0.00
A-9-2 12,131.09 12,131.09 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,152.98 66,096.18 0.00 0.00 7,954,344.05
M-2 32,101.99 44,064.13 0.00 0.00 5,302,896.01
M-3 24,076.49 33,048.09 0.00 0.00 3,977,172.00
B-1 8,828.05 12,117.64 0.00 0.00 1,458,296.37
B-2 4,012.75 5,508.02 0.00 0.00 662,862.01
B-3 7,068.50 9,702.42 0.00 0.00 1,167,639.34
- -------------------------------------------------------------------------------
991,214.08 3,052,882.98 0.00 0.00 142,262,334.09
===============================================================================
Run: 11/29/99 08:51:09
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-3 154.488816 13.497460 1.287061 14.784521 0.000000 140.991356
A-4 61.962373 44.864924 0.348445 45.213369 0.000000 17.097449
A-5 1000.000000 0.000000 5.623491 5.623491 0.000000 1000.000000
A-6 1000.000000 0.000000 6.040046 6.040046 0.000000 1000.000000
A-7 1000.000000 0.000000 6.040046 6.040046 0.000000 1000.000000
A-8 1000.000000 0.000000 6.040046 6.040046 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-1 980.601138 2.207036 5.922876 8.129912 0.000000 978.394102
M-2 980.601135 2.207037 5.922876 8.129913 0.000000 978.394098
M-3 980.601132 2.207036 5.922876 8.129912 0.000000 978.394096
B-1 980.601114 2.207038 5.922878 8.129916 0.000000 978.394076
B-2 980.601151 2.207041 5.922878 8.129919 0.000000 978.394111
B-3 959.298706 2.159090 5.794205 7.953295 0.000000 957.139620
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:09 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9 (POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4263
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 32,938.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,158.47
SUBSERVICER ADVANCES THIS MONTH 49,583.58
MASTER SERVICER ADVANCES THIS MONTH 1,958.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 4,692,234.85
(B) TWO MONTHLY PAYMENTS: 8 892,947.02
(C) THREE OR MORE MONTHLY PAYMENTS: 4 606,163.31
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 305,444.27
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 142,262,334.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,522
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 249,917.14
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,736,839.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 209,315.44
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.74768920 % 11.96841000 % 2.28390040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.57368690 % 12.11452924 % 2.31178390 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,442,552.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,442,552.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.60014281
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.40
POOL TRADING FACTOR: 52.49435270
................................................................................
Run: 11/29/99 08:51:09 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 61,028,351.87 7.250000 % 1,232,156.35
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 63,205,155.36 7.250000 % 77,678.18
A-5 7611OFMS9 76,250.57 57,845.07 0.000000 % 64.70
A-6-1 0.00 0.00 1.004496 % 0.00
A-6-2 0.00 0.00 0.673373 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,359,883.46 7.250000 % 12,732.14
M-2 7611OFMW0 6,524,000.00 6,375,012.24 7.250000 % 7,834.79
M-3 7611OFMX8 4,893,000.00 4,781,259.14 7.250000 % 5,876.09
B-1 7611OFMY6 1,794,000.00 1,753,030.64 7.250000 % 2,154.45
B-2 7611OFMZ3 816,000.00 797,365.10 7.250000 % 979.95
B-3 7611OFNA7 1,468,094.11 1,310,681.15 7.250000 % 0.00
- -------------------------------------------------------------------------------
326,202,444.68 184,811,584.03 1,339,476.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 368,512.05 1,600,668.40 0.00 0.00 59,796,195.52
A-2 60,383.75 60,383.75 0.00 0.00 10,000,000.00
A-3 151,822.86 151,822.86 0.00 0.00 25,143,000.00
A-4 381,656.40 459,334.58 0.00 0.00 63,127,477.18
A-5 0.00 64.70 0.00 0.00 57,780.37
A-6-1 123,172.10 123,172.10 0.00 0.00 0.00
A-6-2 21,079.90 21,079.90 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,556.85 75,288.99 0.00 0.00 10,347,151.32
M-2 38,494.71 46,329.50 0.00 0.00 6,367,177.45
M-3 28,871.03 34,747.12 0.00 0.00 4,775,383.05
B-1 10,585.46 12,739.91 0.00 0.00 1,750,876.19
B-2 4,814.78 5,794.73 0.00 0.00 796,385.15
B-3 6,763.64 6,763.64 0.00 0.00 1,309,070.34
- -------------------------------------------------------------------------------
1,258,713.53 2,598,190.18 0.00 0.00 183,470,496.57
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 305.188313 6.161722 1.842841 8.004563 0.000000 299.026591
A-2 1000.000000 0.000000 6.038375 6.038375 0.000000 1000.000000
A-3 1000.000000 0.000000 6.038375 6.038375 0.000000 1000.000000
A-4 973.637636 1.196586 5.879189 7.075775 0.000000 972.441050
A-5 758.618198 0.848518 0.000000 0.848518 0.000000 757.769680
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-1 977.163126 1.200919 5.900476 7.101395 0.000000 975.962207
M-2 977.163127 1.200918 5.900477 7.101395 0.000000 975.962209
M-3 977.163119 1.200918 5.900476 7.101394 0.000000 975.962201
B-1 977.163122 1.200920 5.900479 7.101399 0.000000 975.962202
B-2 977.163113 1.200919 5.900466 7.101385 0.000000 975.962194
B-3 892.777337 0.000000 4.607089 4.607089 0.000000 891.680125
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:10 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10 (POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4264
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 38,474.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,206.19
SUBSERVICER ADVANCES THIS MONTH 51,778.68
MASTER SERVICER ADVANCES THIS MONTH 1,530.09
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 3,948,049.37
(B) TWO MONTHLY PAYMENTS: 6 824,605.00
(C) THREE OR MORE MONTHLY PAYMENTS: 5 899,216.59
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 996,833.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 183,470,496.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,816
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 201,438.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,113,972.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 79,130.40
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.26429330 % 11.64585600 % 2.08985050 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.18086900 % 11.71289783 % 2.10254320 %
BANKRUPTCY AMOUNT AVAILABLE 141,228.00
FRAUD AMOUNT AVAILABLE 1,834,883.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,834,883.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.51493211
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.18
POOL TRADING FACTOR: 56.24436590
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 59,011,185.42 7.000000 % 1,099,307.77
A-2 7611OFMD2 43,142.76 24,009.11 0.000000 % 205.28
A-3-1 0.00 0.00 1.080431 % 0.00
A-3-2 0.00 0.00 0.624717 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,798,017.59 7.000000 % 11,371.68
M-2 7611OFMH3 892,000.00 820,187.85 7.000000 % 3,333.40
M-3 7611OFMJ9 419,700.00 385,911.27 7.000000 % 1,568.42
B-1 7611OFMK6 367,000.00 337,453.98 7.000000 % 1,371.48
B-2 7611OFML4 262,400.00 241,274.96 7.000000 % 980.59
B-3 7611OFMM2 263,388.53 242,183.94 7.000000 % 984.27
- -------------------------------------------------------------------------------
104,940,731.29 63,860,224.12 1,119,122.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 343,890.96 1,443,198.73 0.00 0.00 57,911,877.65
A-2 0.00 205.28 0.00 0.00 23,803.83
A-3-1 45,456.86 45,456.86 0.00 0.00 0.00
A-3-2 6,928.90 6,928.90 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,305.60 27,677.28 0.00 0.00 2,786,645.91
M-2 4,779.69 8,113.09 0.00 0.00 816,854.45
M-3 2,248.92 3,817.34 0.00 0.00 384,342.85
B-1 1,966.53 3,338.01 0.00 0.00 336,082.50
B-2 1,406.05 2,386.64 0.00 0.00 240,294.37
B-3 1,411.34 2,395.61 0.00 0.00 241,199.67
- -------------------------------------------------------------------------------
424,394.85 1,543,517.74 0.00 0.00 62,741,101.23
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 592.184500 11.031689 3.450988 14.482677 0.000000 581.152811
A-2 556.503803 4.758156 0.000000 4.758156 0.000000 551.745646
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-1 919.493128 3.736996 5.358396 9.095392 0.000000 915.756132
M-2 919.493105 3.736996 5.358397 9.095393 0.000000 915.756110
M-3 919.493138 3.737003 5.358399 9.095402 0.000000 915.756135
B-1 919.493134 3.737003 5.358392 9.095395 0.000000 915.756131
B-2 919.492988 3.737005 5.358422 9.095427 0.000000 915.755983
B-3 919.493115 3.736989 5.358396 9.095385 0.000000 915.756164
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:10 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11 (POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4265
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,187.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 837.07
SUBSERVICER ADVANCES THIS MONTH 11,914.76
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 708,171.23
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 346,239.62
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 84,754.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 62,741,101.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 794
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 859,522.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.44154810 % 6.27248500 % 1.28596730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.33796740 % 6.35602999 % 1.30359020 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 631,583.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,557,847.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.31481399
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 146.64
POOL TRADING FACTOR: 59.78717745
................................................................................
Run: 11/29/99 08:51:12 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 6,603,210.33 9.000000 % 320,708.57
A-3 76110FND1 62,824,125.00 9,781,298.43 7.000000 % 2,244,960.00
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 58,077,257.37 7.250000 % 232,491.77
A-8-1 0.00 0.00 0.932209 % 0.00
A-8-2 0.00 0.00 0.740221 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,254,437.76 7.250000 % 33,500.58
M-2 76110FNL3 4,471,600.00 4,394,815.22 7.250000 % 14,357.58
M-3 76110FNM1 4,471,500.00 4,394,716.92 7.250000 % 14,357.25
B-1 76110FNN9 1,639,600.00 1,612,609.93 7.250000 % 5,268.29
B-2 76110FNP4 745,200.00 733,470.00 7.250000 % 2,396.20
B-3 76110FNQ2 1,341,561.05 1,093,047.32 7.250000 % 3,570.91
- -------------------------------------------------------------------------------
298,104,002.05 169,822,022.28 2,871,611.15
===============================================================================
_______________________________________________________________________________
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 49,489.37 370,197.94 0.00 0.00 6,282,501.76
A-3 57,017.58 2,301,977.58 0.00 0.00 7,536,338.43
A-4 139,087.51 139,087.51 0.00 0.00 24,294,118.00
A-5 156,973.25 156,973.25 0.00 0.00 26,000,000.00
A-6 136,343.59 136,343.59 0.00 0.00 22,583,041.00
A-7 350,637.53 583,129.30 0.00 0.00 57,844,765.60
A-8-1 109,687.13 109,687.13 0.00 0.00 0.00
A-8-2 17,584.34 17,584.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,910.47 95,411.05 0.00 0.00 10,220,937.18
M-2 26,533.40 40,890.98 0.00 0.00 4,380,457.64
M-3 26,532.80 40,890.05 0.00 0.00 4,380,359.67
B-1 9,736.02 15,004.31 0.00 0.00 1,607,341.64
B-2 4,428.27 6,824.47 0.00 0.00 731,073.80
B-3 6,599.20 10,170.11 0.00 0.00 1,050,284.54
- -------------------------------------------------------------------------------
1,152,560.46 4,024,171.61 0.00 0.00 166,911,219.26
===============================================================================
Run: 11/29/99 08:51:12
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-2 294.710432 14.313668 2.208779 16.522447 0.000000 280.396764
A-3 155.693349 35.734043 0.907575 36.641618 0.000000 119.959306
A-4 1000.000000 0.000000 5.725152 5.725152 0.000000 1000.000000
A-5 1000.000000 0.000000 6.037433 6.037433 0.000000 1000.000000
A-6 1000.000000 0.000000 6.037433 6.037433 0.000000 1000.000000
A-7 979.069998 3.919361 5.911069 9.830430 0.000000 975.150637
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-1 982.828339 3.210836 5.933759 9.144595 0.000000 979.617503
M-2 982.828343 3.210837 5.933760 9.144597 0.000000 979.617506
M-3 982.828339 3.210835 5.933758 9.144593 0.000000 979.617504
B-1 983.538625 3.213156 5.938046 9.151202 0.000000 980.325470
B-2 984.259259 3.215513 5.942391 9.157904 0.000000 981.043747
B-3 814.757793 2.661757 4.919046 7.580803 0.000000 782.882405
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:12 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12 (POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4270
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 34,980.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,744.78
SUBSERVICER ADVANCES THIS MONTH 38,067.18
MASTER SERVICER ADVANCES THIS MONTH 2,523.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 3,042,387.43
(B) TWO MONTHLY PAYMENTS: 7 494,549.42
(C) THREE OR MORE MONTHLY PAYMENTS: 6 585,641.51
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 898,914.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 166,911,219.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,712
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 332,829.56
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,230,980.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.76078820 % 11.21407600 % 2.02513620 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.59739320 % 11.37236584 % 2.03024100 %
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 8.47834647
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.20
POOL TRADING FACTOR: 55.99093542
................................................................................
Run: 11/29/99 08:49:48 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3(POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3359
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 25,117,531.34 5,339,966.61 7.682180 % 146,154.36
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 5,339,966.61 146,154.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 33,626.14 179,780.50 0.00 0.00 5,193,812.25
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
33,626.14 179,780.50 0.00 0.00 5,193,812.25
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 212.599182 5.818819 1.338752 7.157571 0.000000 206.780363
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:49:48 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3 (POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3359
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,628.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 247.41
SUBSERVICER ADVANCES THIS MONTH 1,061.68
MASTER SERVICER ADVANCES THIS MONTH 314.64
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 81,410.94
(B) TWO MONTHLY PAYMENTS: 1 61,853.49
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 5,193,812.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 44
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 44,046.58
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 141,913.29
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 8.09658494
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.77
POOL TRADING FACTOR: 20.67803631
................................................................................
Run: 11/29/99 08:51:14 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 14,623,094.13 7.250000 % 446,637.03
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 27,333,036.36 7.250000 % 1,170,217.87
A-4 76110FNV1 6,745,000.00 6,745,000.00 7.250000 % 0.00
A-5 76110FNW9 4,235,415.00 4,235,415.00 7.250000 % 0.00
A-6 76110FNX7 10,499,000.00 10,499,000.00 7.250000 % 0.00
A-7 76110fNY5 62,999,000.00 61,788,243.53 7.250000 % 129,867.49
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 38,919,091.82 7.000000 % 1,188,716.11
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 59,168,977.00 0.000000 % 1,114,265.20
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 4.135000 % 0.00
A-14 76110FPF4 0.00 0.00 10.365000 % 0.00
A-15 76110FPG2 26,249,000.00 12,185,834.38 7.000000 % 372,195.16
A-16 76110FPH0 2,386,273.00 1,107,803.27 10.000000 % 33,835.93
A-17 76110FPJ6 139,012.74 127,308.67 0.000000 % 136.98
A-18-1 0.00 0.00 0.912003 % 0.00
A-18-2 0.00 0.00 0.623900 % 0.00
R-I 76110FPL1 100.00 0.00 7.250000 % 0.00
R-II 76110FPM9 100.00 0.00 7.250000 % 0.00
M-1 76110FPN7 16,267,000.00 15,970,866.85 7.250000 % 33,567.82
M-2 76110FPP2 5,422,000.00 5,323,295.01 7.250000 % 11,188.58
M-3 76110FPQ0 6,507,000.00 6,388,543.10 7.250000 % 13,427.54
B-1 76110FPR8 2,386,000.00 2,342,563.98 7.250000 % 4,923.64
B-2 76110FPS6 1,085,000.00 1,065,248.09 7.250000 % 2,238.96
B-3 76110FPT4 1,952,210.06 1,813,363.01 7.250000 % 3,811.37
- -------------------------------------------------------------------------------
433,792,422.80 269,636,684.20 4,525,029.68
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 88,320.37 534,957.40 0.00 0.00 14,176,457.10
A-2 0.00 0.00 0.00 0.00 0.00
A-3 165,085.70 1,335,303.57 0.00 0.00 26,162,818.49
A-4 40,738.36 40,738.36 0.00 0.00 6,745,000.00
A-5 25,581.01 25,581.01 0.00 0.00 4,235,415.00
A-6 63,411.72 63,411.72 0.00 0.00 10,499,000.00
A-7 373,187.80 503,055.29 0.00 0.00 61,658,376.04
A-8 0.00 0.00 0.00 0.00 0.00
A-9 226,957.39 1,415,673.50 0.00 0.00 37,730,375.71
A-10 8,105.62 8,105.62 0.00 0.00 0.00
A-11 0.00 1,114,265.20 0.00 0.00 58,054,711.80
A-12 178,684.00 178,684.00 0.00 0.00 0.00
A-13 50,955.75 50,955.75 0.00 0.00 0.00
A-14 127,728.25 127,728.25 0.00 0.00 0.00
A-15 71,061.91 443,257.07 0.00 0.00 11,813,639.22
A-16 9,228.82 43,064.75 0.00 0.00 1,073,967.34
A-17 0.00 136.98 0.00 0.00 127,171.69
A-18-1 157,241.48 157,241.48 0.00 0.00 0.00
A-18-2 32,576.34 32,576.34 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 96,460.62 130,028.44 0.00 0.00 15,937,299.03
M-2 32,151.56 43,340.14 0.00 0.00 5,312,106.43
M-3 38,585.44 52,012.98 0.00 0.00 6,375,115.56
B-1 14,148.59 19,072.23 0.00 0.00 2,337,640.34
B-2 6,433.87 8,672.83 0.00 0.00 1,063,009.13
B-3 10,952.32 14,763.69 0.00 0.00 1,809,551.64
- -------------------------------------------------------------------------------
1,817,596.92 6,342,626.60 0.00 0.00 265,111,654.52
===============================================================================
Run: 11/29/99 08:51:14
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-1 464.239948 14.179403 2.803910 16.983313 0.000000 450.060545
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 669.943782 28.682514 4.046317 32.728831 0.000000 641.261268
A-4 1000.000000 0.000000 6.039787 6.039787 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039788 6.039788 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039787 6.039787 0.000000 1000.000000
A-7 980.781338 2.061421 5.923710 7.985131 0.000000 978.719917
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 569.500458 17.394403 3.321052 20.715455 0.000000 552.106055
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 591.463169 11.138385 0.000000 11.138385 0.000000 580.324784
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-15 464.239947 14.179403 2.707224 16.886627 0.000000 450.060544
A-16 464.239955 14.179403 3.867462 18.046865 0.000000 450.060552
A-17 915.805774 0.985377 0.000000 0.985377 0.000000 914.820397
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-1 981.795466 2.063553 5.929835 7.993388 0.000000 979.731913
M-2 981.795465 2.063552 5.929834 7.993386 0.000000 979.731913
M-3 981.795466 2.063553 5.929836 7.993389 0.000000 979.731913
B-1 981.795465 2.063554 5.929837 7.993391 0.000000 979.731911
B-2 981.795475 2.063558 5.929834 7.993392 0.000000 979.731917
B-3 928.876993 1.952316 5.610216 7.562532 0.000000 926.924657
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:14 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13 (POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4277
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 55,597.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 50,469.72
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,876,679.11
(B) TWO MONTHLY PAYMENTS: 12 1,248,724.70
(C) THREE OR MORE MONTHLY PAYMENTS: 6 485,355.38
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 948,238.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 265,111,654.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,483
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 3,958,449.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 350,792.65
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.79119280 % 10.27151800 % 1.93728880 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.60881320 % 10.41995723 % 1.96622880 %
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 8.36902104
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.51
POOL TRADING FACTOR: 61.11486522
................................................................................
Run: 11/29/99 08:51:16 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 7,263,664.38 7.000000 % 1,514,017.23
A-2 76110FPV9 117,395,000.00 54,969,361.05 7.000000 % 1,656,320.09
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 1.120494 % 0.00
A-6-2 0.00 0.00 0.923101 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,173,000.36 7.000000 % 18,523.00
M-2 76110FQD8 4,054,000.00 3,993,438.30 7.000000 % 6,620.47
M-3 76110FQE6 4,865,000.00 4,796,177.02 7.000000 % 668.41
B-1 76110FQF3 1,783,800.00 1,758,565.38 7.000000 % 0.00
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 0.00
B-3 76110FQH9 1,459,579.11 1,402,826.32 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 204,438,362.79 3,196,149.20
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 42,355.74 1,556,372.97 0.00 0.00 5,749,647.15
A-2 320,536.21 1,976,856.30 0.00 0.00 53,313,040.96
A-3 299,606.00 299,606.00 0.00 0.00 51,380,000.00
A-4 10,857.66 10,857.66 0.00 0.00 1,862,000.00
A-5 379,259.91 379,259.91 0.00 0.00 65,040,000.00
A-6-1 148,617.65 148,617.65 0.00 0.00 0.00
A-6-2 34,770.06 34,770.06 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,151.77 83,674.77 0.00 0.00 11,154,477.36
M-2 23,286.46 29,906.93 0.00 0.00 3,986,817.83
M-3 64,912.11 65,580.52 0.00 0.00 4,795,508.61
B-1 0.00 0.00 0.00 0.00 1,758,565.38
B-2 0.00 0.00 0.00 0.00 799,329.98
B-3 0.00 0.00 0.00 0.00 1,388,977.22
- -------------------------------------------------------------------------------
1,389,353.57 4,585,502.77 0.00 0.00 201,228,364.49
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 112.919572 23.536630 0.658454 24.195084 0.000000 89.382942
A-2 468.242779 14.108949 2.730408 16.839357 0.000000 454.133830
A-3 1000.000000 0.000000 5.831179 5.831179 0.000000 1000.000000
A-4 1000.000000 0.000000 5.831182 5.831182 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831179 5.831179 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-1 984.275238 1.631767 5.739486 7.371253 0.000000 982.643471
M-2 985.061248 1.633071 5.744070 7.377141 0.000000 983.428177
M-3 985.853447 0.137392 13.342674 13.480066 0.000000 985.716056
B-1 985.853448 0.000000 0.000000 0.000000 0.000000 985.853448
B-2 985.853453 0.000000 0.000000 0.000000 0.000000 985.853453
B-3 961.117017 0.000000 0.000000 0.000000 0.000000 951.628597
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:16 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1 (POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4281
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,345.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 49,470.95
MASTER SERVICER ADVANCES THIS MONTH 2,096.94
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,528,720.22
(B) TWO MONTHLY PAYMENTS: 5 633,781.97
(C) THREE OR MORE MONTHLY PAYMENTS: 11 981,706.45
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,318,844.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 201,228,364.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,891
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 286,506.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,871,073.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 172,324.51
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.29801950 % 9.76461300 % 1.93736720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.13105870 % 9.90755148 % 1.96138980 %
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 8.35620509
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.97
POOL TRADING FACTOR: 62.04475147
................................................................................
Run: 11/29/99 08:51:17 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 7,634,660.86 6.750000 % 390,418.24
A-2 76110FQK2 158,282,400.00 60,421,622.17 6.500000 % 3,089,816.81
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 19,631,936.39 6.008750 % 608,010.04
A-5 76110FQN6 0.00 0.00 3.017025 % 0.00
A-6 76110FQP1 13,504,750.00 6,750,801.76 5.908750 % 213,246.44
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 130,551.08 0.000000 % 1,056.96
A-9-1 0.00 0.00 1.051488 % 0.00
A-9-2 0.00 0.00 0.729627 % 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 17,089,993.55 7.000000 % 33,438.85
M-2 76110FQW6 5,422,000.00 5,340,499.87 7.000000 % 10,449.40
M-3 76110FQX4 5,422,000.00 5,340,499.87 7.000000 % 10,449.40
B-1 76110FQY2 2,385,700.00 2,349,839.65 7.000000 % 4,597.77
B-2 76110FQZ9 1,084,400.00 1,068,100.00 7.000000 % 2,089.88
B-3 76110FRA3 1,952,351.82 1,807,455.21 7.000000 % 3,536.53
- -------------------------------------------------------------------------------
433,770,084.51 296,903,860.41 4,367,110.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 42,929.45 433,347.69 0.00 0.00 7,244,242.62
A-2 327,165.49 3,416,982.30 0.00 0.00 57,331,805.36
A-3 464,367.09 464,367.09 0.00 0.00 82,584,000.00
A-4 98,267.30 706,277.34 0.00 0.00 19,023,926.35
A-5 66,307.17 66,307.17 0.00 0.00 0.00
A-6 33,228.65 246,475.09 0.00 0.00 6,537,555.32
A-7 505,881.50 505,881.50 0.00 0.00 86,753,900.00
A-8 0.00 1,056.96 0.00 0.00 129,494.12
A-9-1 192,256.92 192,256.92 0.00 0.00 0.00
A-9-2 47,051.94 47,051.94 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 99,655.60 133,094.45 0.00 0.00 17,056,554.70
M-2 31,141.66 41,591.06 0.00 0.00 5,330,050.47
M-3 31,141.66 41,591.06 0.00 0.00 5,330,050.47
B-1 13,702.45 18,300.22 0.00 0.00 2,345,241.88
B-2 6,228.33 8,318.21 0.00 0.00 1,066,010.12
B-3 10,539.68 14,076.21 0.00 0.00 1,736,763.44
- -------------------------------------------------------------------------------
1,969,864.89 6,336,975.21 0.00 0.00 292,469,594.85
===============================================================================
Run: 11/29/99 08:51:17
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-1 381.733043 19.520912 2.146473 21.667385 0.000000 362.212131
A-2 381.733043 19.520912 2.066973 21.587885 0.000000 362.212131
A-3 1000.000000 0.000000 5.622967 5.622967 0.000000 1000.000000
A-4 504.821726 15.634559 2.526876 18.161435 0.000000 489.187167
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 499.883505 15.790477 2.460516 18.250993 0.000000 484.093028
A-7 1000.000000 0.000000 5.831225 5.831225 0.000000 1000.000000
A-8 941.026084 7.618680 0.000000 7.618680 0.000000 933.407404
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-1 984.968621 1.927222 5.743574 7.670796 0.000000 983.041399
M-2 984.968622 1.927222 5.743574 7.670796 0.000000 983.041400
M-3 984.968622 1.927222 5.743574 7.670796 0.000000 983.041400
B-1 984.968626 1.927221 5.743576 7.670797 0.000000 983.041405
B-2 984.968646 1.927222 5.743572 7.670794 0.000000 983.041424
B-3 925.783556 1.811420 5.398453 7.209873 0.000000 889.575036
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:17 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2 (POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4284
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 61,266.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 73,011.38
MASTER SERVICER ADVANCES THIS MONTH 2,363.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 58 5,987,283.23
(B) TWO MONTHLY PAYMENTS: 4 675,107.91
(C) THREE OR MORE MONTHLY PAYMENTS: 15 1,092,531.08
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,986,353.52
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 292,469,594.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,630
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 321,640.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,683,410.67
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 345,564.57
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.88161870 % 9.35764500 % 1.76073610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.75806950 % 9.47676481 % 1.76096790 %
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 8.24195900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.67
POOL TRADING FACTOR: 67.42502660
................................................................................
Run: 11/29/99 08:52:01 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 85,679,250.24 6.500000 % 1,328,557.03
A-2 76110FRC9 34,880,737.00 19,215,184.18 6.500000 % 97,512.97
A-3-1 0.00 0.00 1.239003 % 0.00
A-3-2 0.00 0.00 1.007206 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,670,158.56 6.500000 % 14,154.45
M-2 76110FRG0 785,100.00 733,751.36 6.500000 % 2,829.81
M-3 76110FRH8 707,000.00 660,759.39 6.500000 % 2,548.31
B-1 76110FRJ4 471,200.00 440,381.63 6.500000 % 1,698.39
B-2 76110FRK1 314,000.00 293,463.16 6.500000 % 1,131.78
B-3 76110FRL9 471,435.62 405,961.75 6.500000 % 1,565.63
- -------------------------------------------------------------------------------
157,074,535.62 111,098,910.27 1,449,998.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 463,703.05 1,792,260.08 0.00 0.00 84,350,693.21
A-2 103,994.14 201,507.11 0.00 0.00 19,117,671.21
A-3-1 91,241.46 91,241.46 0.00 0.00 0.00
A-3-2 18,998.94 18,998.94 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,863.20 34,017.65 0.00 0.00 3,656,004.11
M-2 3,971.13 6,800.94 0.00 0.00 730,921.55
M-3 3,576.08 6,124.39 0.00 0.00 658,211.08
B-1 2,383.38 4,081.77 0.00 0.00 438,683.24
B-2 1,588.24 2,720.02 0.00 0.00 292,331.38
B-3 2,197.10 3,762.73 0.00 0.00 404,396.11
- -------------------------------------------------------------------------------
711,516.72 2,161,515.09 0.00 0.00 109,648,911.89
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 741.696339 11.500870 4.014121 15.514991 0.000000 730.195469
A-2 550.882402 2.795611 2.981420 5.777031 0.000000 548.086791
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-1 934.596017 3.604393 5.058111 8.662504 0.000000 930.991625
M-2 934.596051 3.604394 5.058120 8.662514 0.000000 930.991657
M-3 934.596025 3.604399 5.058105 8.662504 0.000000 930.991627
B-1 934.595989 3.604393 5.058107 8.662500 0.000000 930.991596
B-2 934.596051 3.604395 5.058089 8.662484 0.000000 930.991656
B-3 861.118110 3.320984 4.660445 7.981429 0.000000 857.797105
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:01 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 23,105.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 626.74
SUBSERVICER ADVANCES THIS MONTH 14,180.02
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,279,901.37
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 17,662.87
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 89,342.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 109,648,911.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,263
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 1,021,530.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.41535850 % 4.55870300 % 1.02593850 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.36332990 % 4.60117356 % 1.03549660 %
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 7.97094000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 151.47
POOL TRADING FACTOR: 69.80693049
................................................................................
Run: 11/29/99 08:52:01 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 63,801,348.55 6.500000 % 2,429,907.28
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 23,416,892.12 5.908750 % 607,476.82
A-I-4 76110FRQ8 0.00 0.00 3.091250 % 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 55,400,893.72 7.000000 % 511,937.23
A-V-1 0.00 0.00 0.888840 % 0.00
A-V-2 0.00 0.00 0.638223 % 0.00
R-I 76110FRV7 100.00 0.00 7.000000 % 0.00
R-II 76110FRW5 100.00 0.00 7.000000 % 0.00
M-1 76110FRX3 14,190,000.00 13,976,597.52 7.000000 % 13,423.99
M-2 76110FRY1 5,067,800.00 4,991,585.68 7.000000 % 4,794.23
M-3 76110FRZ8 5,067,800.00 4,991,585.68 7.000000 % 4,794.23
B-1 76110FSA2 2,230,000.00 2,196,463.15 7.000000 % 2,109.62
B-2 76110FSB0 1,216,400.00 1,198,106.64 7.000000 % 1,150.74
B-3 76110FSC8 1,621,792.30 1,501,094.51 7.000000 % 1,441.74
- -------------------------------------------------------------------------------
405,421,992.30 296,075,012.57 3,577,035.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 345,475.09 2,775,382.37 0.00 0.00 61,371,441.27
A-I-2 335,882.65 335,882.65 0.00 0.00 59,732,445.00
A-I-3 115,265.25 722,742.07 0.00 0.00 22,809,415.30
A-I-4 60,302.72 60,302.72 0.00 0.00 0.00
A-I-5 378,270.15 378,270.15 0.00 0.00 64,868,000.00
A-II 323,048.97 834,986.20 0.00 0.00 54,888,956.49
A-V-1 175,404.53 175,404.53 0.00 0.00 0.00
A-V-2 31,469.65 31,469.65 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 81,498.48 94,922.47 0.00 0.00 13,963,173.53
M-2 29,106.27 33,900.50 0.00 0.00 4,986,791.45
M-3 29,106.27 33,900.50 0.00 0.00 4,986,791.45
B-1 12,807.72 14,917.34 0.00 0.00 2,194,353.53
B-2 6,986.24 8,136.98 0.00 0.00 1,196,955.90
B-3 8,752.98 10,194.72 0.00 0.00 1,499,652.76
- -------------------------------------------------------------------------------
1,933,376.97 5,510,412.85 0.00 0.00 292,497,976.68
===============================================================================
Run: 11/29/99 08:52:01
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-1 472.580178 17.998460 2.558953 20.557413 0.000000 454.581718
A-I-2 1000.000000 0.000000 5.623119 5.623119 0.000000 1000.000000
A-I-3 568.120822 14.738089 2.796468 17.534557 0.000000 553.382734
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831383 5.831383 0.000000 1000.000000
A-II 736.684623 6.807404 4.295693 11.103097 0.000000 729.877219
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-1 984.961066 0.946018 5.743374 6.689392 0.000000 984.015048
M-2 984.961064 0.946018 5.743374 6.689392 0.000000 984.015046
M-3 984.961064 0.946018 5.743374 6.689392 0.000000 984.015046
B-1 984.961054 0.946018 5.743373 6.689391 0.000000 984.015036
B-2 984.961065 0.946021 5.743378 6.689399 0.000000 984.015044
B-3 925.577529 0.888979 5.397102 6.286081 0.000000 924.688544
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:01 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4 (POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4290
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 61,128.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,040.34
SUBSERVICER ADVANCES THIS MONTH 57,265.47
MASTER SERVICER ADVANCES THIS MONTH 6,385.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,978,383.87
(B) TWO MONTHLY PAYMENTS: 10 1,093,018.00
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,365,115.98
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,372,664.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 292,497,976.68
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,620
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 6
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 823,081.92
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,293,059.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 46,665.22
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.25401270 % 8.09246600 % 1.65352160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.14430150 % 8.18356308 % 1.67213540 %
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 8.16695000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.47
POOL TRADING FACTOR: 72.14654909
................................................................................
Run: 11/29/99 08:51:20 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 73,122,137.50 6.750000 % 1,856,685.77
A-2 76110FSE4 75,936,500.00 72,126,743.27 6.750000 % 999,753.88
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 1.054848 % 0.00
A-6-2 0.00 0.00 0.860587 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,468,107.45 6.750000 % 10,048.63
M-2 76110FSM6 4,216,900.00 4,156,035.82 6.750000 % 3,349.54
M-3 76110FSN4 4,392,600.00 4,329,199.86 6.750000 % 3,489.10
B-1 76110FSP9 1,757,100.00 1,731,739.08 6.750000 % 1,395.69
B-2 76110FSQ7 1,054,300.00 1,039,082.88 6.750000 % 837.45
B-3 76110FSR5 1,405,623.28 1,385,335.37 6.750000 % 1,116.50
- -------------------------------------------------------------------------------
351,405,323.28 268,798,881.23 2,876,676.56
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 411,156.71 2,267,842.48 0.00 0.00 71,265,451.73
A-2 405,559.73 1,405,313.61 0.00 0.00 71,126,989.39
A-3 98,320.49 98,320.49 0.00 0.00 17,485,800.00
A-4 74,023.48 74,023.48 0.00 0.00 13,164,700.00
A-5 381,174.77 381,174.77 0.00 0.00 67,790,000.00
A-6-1 179,248.07 179,248.07 0.00 0.00 0.00
A-6-2 46,460.25 46,460.25 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 70,106.62 80,155.25 0.00 0.00 12,458,058.82
M-2 23,368.87 26,718.41 0.00 0.00 4,152,686.28
M-3 24,342.55 27,831.65 0.00 0.00 4,325,710.76
B-1 9,737.35 11,133.04 0.00 0.00 1,730,343.39
B-2 5,842.63 6,680.08 0.00 0.00 1,038,245.43
B-3 7,789.57 8,906.07 0.00 0.00 1,384,218.87
- -------------------------------------------------------------------------------
1,737,131.09 4,613,807.65 0.00 0.00 265,922,204.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 482.491950 12.251227 2.712992 14.964219 0.000000 470.240723
A-2 949.829703 13.165657 5.340775 18.506432 0.000000 936.664047
A-3 1000.000000 0.000000 5.622876 5.622876 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622876 5.622876 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622876 5.622876 0.000000 1000.000000
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 985.566605 0.794314 5.541719 6.336033 0.000000 984.772291
M-2 985.566606 0.794313 5.541718 6.336031 0.000000 984.772292
M-3 985.566603 0.794313 5.541718 6.336031 0.000000 984.772290
B-1 985.566604 0.794314 5.541716 6.336030 0.000000 984.772290
B-2 985.566613 0.794319 5.541715 6.336034 0.000000 984.772294
B-3 985.566609 0.794317 5.541720 6.336037 0.000000 984.772297
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:21 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5 (POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4299
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 55,695.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,553.39
SUBSERVICER ADVANCES THIS MONTH 71,774.01
MASTER SERVICER ADVANCES THIS MONTH 3,045.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 5,168,951.79
(B) TWO MONTHLY PAYMENTS: 13 1,892,539.18
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,651,135.04
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 947,688.75
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 265,922,204.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,231
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 392,664.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,660,038.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.65862910 % 7.79517500 % 1.54619590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.56518670 % 7.87315068 % 1.56166260 %
BANKRUPTCY AMOUNT AVAILABLE 184,749.00
FRAUD AMOUNT AVAILABLE 2,914,047.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,914,047.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08620097
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.44
POOL TRADING FACTOR: 75.67392611
................................................................................
Run: 11/29/99 08:52:02 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FSS3 20,174,375.00 15,240,573.49 6.750000 % 323,121.19
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 6,827,101.08 6.750000 % 620,392.69
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 96,162,965.61 6.750000 % 2,641,725.78
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 48,784,497.21 6.750000 % 1,507,867.12
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 6,490,000.46 6.750000 % 167,434.75
A-P 76110FTE3 57,464.36 52,784.60 0.000000 % 38.66
A-V-1 0.00 0.00 1.008058 % 0.00
A-V-2 0.00 0.00 0.746425 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,885,810.18 6.750000 % 13,764.74
M-2 76110FTH6 5,029,000.00 4,956,042.94 6.750000 % 5,294.09
M-3 76110FTJ2 4,224,500.00 4,163,214.04 6.750000 % 4,447.18
B-1 76110FTK9 2,011,600.00 1,982,417.18 6.750000 % 2,117.64
B-2 76110FTL7 1,207,000.00 1,189,489.73 6.750000 % 1,270.62
B-3 76110FTM5 1,609,449.28 1,586,100.53 6.750000 % 1,694.29
- -------------------------------------------------------------------------------
402,311,611.64 312,049,120.05 5,289,168.75
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 85,684.16 408,805.35 0.00 0.00 14,917,452.30
CB-2 221,022.47 221,022.47 0.00 0.00 39,313,092.00
CB-3 77,663.28 77,663.28 0.00 0.00 13,813,906.00
CB-4 38,382.70 658,775.39 0.00 0.00 6,206,708.39
CB-5 115,253.23 115,253.23 0.00 0.00 20,500,000.00
CB-6 540,638.63 3,182,364.41 0.00 0.00 93,521,239.83
CB-7 159,885.04 159,885.04 0.00 0.00 28,438,625.00
NB-1 274,312.44 1,782,179.56 0.00 0.00 47,276,630.09
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,331.68 54,331.68 0.00 0.00 9,662,500.00
NB-4 36,492.90 203,927.65 0.00 0.00 6,322,565.71
A-P 0.00 38.66 0.00 0.00 52,745.94
A-V-1 203,947.50 203,947.50 0.00 0.00 0.00
A-V-2 42,988.19 42,988.19 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,442.84 86,207.58 0.00 0.00 12,872,045.44
M-2 27,862.42 33,156.51 0.00 0.00 4,950,748.85
M-3 23,405.21 27,852.39 0.00 0.00 4,158,766.86
B-1 11,144.97 13,262.61 0.00 0.00 1,980,299.54
B-2 6,687.20 7,957.82 0.00 0.00 1,188,219.11
B-3 8,916.92 10,611.21 0.00 0.00 1,584,406.26
- -------------------------------------------------------------------------------
2,001,061.78 7,290,230.53 0.00 0.00 306,759,951.32
===============================================================================
Run: 11/29/99 08:52:02
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-1 755.442163 16.016416 4.247178 20.263594 0.000000 739.425747
CB-2 1000.000000 0.000000 5.622109 5.622109 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622109 5.622109 0.000000 1000.000000
CB-4 418.840557 38.060901 2.354767 40.415668 0.000000 380.779656
CB-5 1000.000000 0.000000 5.622109 5.622109 0.000000 1000.000000
CB-6 704.490591 19.353302 3.960723 23.314025 0.000000 685.137288
CB-7 1000.000000 0.000000 5.622109 5.622109 0.000000 1000.000000
NB-1 642.742765 19.866366 3.614106 23.480472 0.000000 622.876399
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.622942 5.622942 0.000000 1000.000000
NB-4 649.000046 16.743475 3.649290 20.392765 0.000000 632.256571
A-P 918.562392 0.672809 0.000000 0.672809 0.000000 917.889583
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-1 985.492729 1.052712 5.540350 6.593062 0.000000 984.440017
M-2 985.492730 1.052712 5.540350 6.593062 0.000000 984.440018
M-3 985.492731 1.052712 5.540350 6.593062 0.000000 984.440019
B-1 985.492732 1.052714 5.540351 6.593065 0.000000 984.440018
B-2 985.492734 1.052709 5.540348 6.593057 0.000000 984.440025
B-3 985.492708 1.052714 5.540355 6.593069 0.000000 984.440009
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS6 (POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4301
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 64,441.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,202.86
SUBSERVICER ADVANCES THIS MONTH 52,940.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 5,490,144.03
(B) TWO MONTHLY PAYMENTS: 3 532,417.76
(C) THREE OR MORE MONTHLY PAYMENTS: 2 326,247.55
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 874,274.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 306,759,951.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,526
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,951,804.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 86,954.80
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.42199070 % 7.05179600 % 1.52476230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.28338510 % 7.16572064 % 1.54966200 %
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 8.02665700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.26
POOL TRADING FACTOR: 76.24934067
................................................................................
Run: 11/29/99 08:52:02 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 172,668,000.00 121,092,975.53 6.750000 % 1,639,225.31
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 23,400,084.16 6.750000 % 276,261.37
NB-2 76110FUD3 77,840,000.00 47,362,766.21 6.750000 % 131,952.89
NB-3 76110FUE1 3,780,000.00 0.00 6.750000 % 0.00
NB-4 76110FUF1 13,684,000.00 13,684,000.00 6.750000 % 0.00
A-P 76110FUF8 73,404.89 68,662.44 0.000000 % 102.32
A-V 76110FUG6 0.00 0.00 0.940508 % 0.00
R 76110FUH4 100.00 0.00 6.750000 % 0.00
M-1 76110FUJ0 13,245,900.00 13,086,686.58 6.750000 % 10,477.60
M-2 76110FUK5 5,094,600.00 5,033,363.79 6.750000 % 4,029.86
M-3 76110FUM3 4,279,400.00 4,227,962.35 6.750000 % 3,385.03
B-1 76110FUN1 2,037,800.00 2,013,306.01 6.750000 % 1,611.91
B-2 76110FUP6 1,222,600.00 1,207,904.56 6.750000 % 967.08
B-3 76110FUQ4 1,631,527.35 1,506,938.15 6.750000 % 1,206.50
- -------------------------------------------------------------------------------
407,565,332.24 312,450,649.78 2,069,219.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 680,796.95 2,320,022.26 0.00 0.00 119,453,750.22
CB-2 199,871.32 199,871.32 0.00 0.00 35,551,000.00
CB-3 248,581.20 248,581.20 0.00 0.00 44,215,000.00
NB-1 131,604.32 407,865.69 0.00 0.00 23,123,822.79
NB-2 266,372.75 398,325.64 0.00 0.00 47,230,813.32
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,960.13 76,960.13 0.00 0.00 13,684,000.00
A-P 0.00 102.32 0.00 0.00 68,560.12
A-V 244,784.95 244,784.95 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,578.93 84,056.53 0.00 0.00 13,076,208.98
M-2 28,299.71 32,329.57 0.00 0.00 5,029,333.93
M-3 23,771.41 27,156.44 0.00 0.00 4,224,577.32
B-1 11,319.67 12,931.58 0.00 0.00 2,011,694.10
B-2 6,791.35 7,758.43 0.00 0.00 1,206,937.48
B-3 8,472.65 9,679.15 0.00 0.00 1,498,810.04
- -------------------------------------------------------------------------------
2,001,205.34 4,070,425.21 0.00 0.00 310,374,508.30
===============================================================================
Run: 11/29/99 08:52:02
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-1 701.305254 9.493510 3.942809 13.436319 0.000000 691.811744
CB-2 1000.000000 0.000000 5.622101 5.622101 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622101 5.622101 0.000000 1000.000000
NB-1 725.764039 8.568369 4.081767 12.650136 0.000000 717.195670
NB-2 608.463081 1.695181 3.422055 5.117236 0.000000 606.767900
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624096 5.624096 0.000000 1000.000000
A-P 935.393269 1.393930 0.000000 1.393930 0.000000 933.999339
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-1 987.980173 0.791007 5.554846 6.345853 0.000000 987.189167
M-2 987.980173 0.791006 5.554844 6.345850 0.000000 987.189167
M-3 987.980172 0.791006 5.554846 6.345852 0.000000 987.189167
B-1 987.980180 0.791005 5.554848 6.345853 0.000000 987.189175
B-2 987.980173 0.791003 5.554842 6.345845 0.000000 987.189171
B-3 923.636462 0.739491 5.193079 5.932570 0.000000 918.654559
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 64,882.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,717.92
SUBSERVICER ADVANCES THIS MONTH 67,655.85
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 6,591,551.58
(B) TWO MONTHLY PAYMENTS: 4 457,743.36
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,147,368.77
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 899,039.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 310,374,508.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,380
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 1,826,016.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.33235510 % 7.15249400 % 1.51324660 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.28358250 % 7.19457289 % 1.52025500 %
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 8.01773800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.64
POOL TRADING FACTOR: 76.15331427
................................................................................
Run: 11/29/99 08:52:03 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 124,454,000.00 101,326,008.88 6.500000 % 922,381.96
NB 76110FTP8 41,430,000.00 28,938,281.38 6.500000 % 141,241.91
A-P 76110FTQ6 63,383.01 59,540.41 0.000000 % 237.85
A-V 76110FTV5 0.00 0.00 0.928280 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,272,561.51 6.500000 % 15,863.79
M-2 76110FTT0 780,000.00 739,427.10 6.500000 % 2,745.45
M-3 76110FTU7 693,500.00 657,426.52 6.500000 % 2,440.99
B-1 76110FTW3 520,000.00 492,951.42 6.500000 % 1,830.30
B-2 76110FTX1 433,500.00 410,950.82 6.500000 % 1,525.84
B-3 76110FTY9 433,464.63 410,917.34 6.500000 % 1,525.71
- -------------------------------------------------------------------------------
173,314,947.64 137,308,065.38 1,089,793.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 548,416.32 1,470,798.28 0.00 0.00 100,403,626.92
NB 156,625.39 297,867.30 0.00 0.00 28,797,039.47
A-P 0.00 237.85 0.00 0.00 59,302.56
A-V 106,133.15 106,133.15 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 23,124.79 38,988.58 0.00 0.00 4,256,697.72
M-2 4,002.07 6,747.52 0.00 0.00 736,681.65
M-3 3,558.25 5,999.24 0.00 0.00 654,985.53
B-1 2,668.04 4,498.34 0.00 0.00 491,121.12
B-2 2,224.22 3,750.06 0.00 0.00 409,424.98
B-3 2,224.04 3,749.75 0.00 0.00 409,391.63
- -------------------------------------------------------------------------------
848,976.27 1,938,770.07 0.00 0.00 136,218,271.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 814.164341 7.411429 4.406578 11.818007 0.000000 806.752912
NB 698.486154 3.409170 3.780483 7.189653 0.000000 695.076985
A-P 939.374921 3.752555 0.000000 3.752555 0.000000 935.622366
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-1 947.983472 3.519811 5.130861 8.650672 0.000000 944.463661
M-2 947.983462 3.519808 5.130859 8.650667 0.000000 944.463654
M-3 947.983446 3.519813 5.130858 8.650671 0.000000 944.463634
B-1 947.983500 3.519808 5.130846 8.650654 0.000000 944.463692
B-2 947.983437 3.519815 5.130842 8.650657 0.000000 944.463622
B-3 947.983553 3.519803 5.130845 8.650648 0.000000 944.463746
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:03 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,543.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,564.52
SUBSERVICER ADVANCES THIS MONTH 14,513.02
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 952,771.72
(B) TWO MONTHLY PAYMENTS: 1 456,562.97
(C) THREE OR MORE MONTHLY PAYMENTS: 1 86,195.65
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 136,218,271.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,497
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 579,961.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.91124970 % 4.12897500 % 0.95756910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.88957450 % 4.14655452 % 0.96206500 %
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 7.75528600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 156.42
POOL TRADING FACTOR: 78.59580113
................................................................................
Run: 11/29/99 08:51:23 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 16,641,599.53 6.750000 % 123,965.82
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 11,868,966.94 6.750000 % 438,650.57
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 16,003,526.80 6.750000 % 12,536.05
A-11 76110FVB6 10,998.00 10,636.51 0.000000 % 11.38
A-12 76110FVC4 0.00 0.00 1.009440 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,772,582.72 6.750000 % 3,738.51
M-2 76110FVF7 2,011,300.00 1,988,625.56 6.750000 % 1,557.75
M-3 76110FVG5 2,011,300.00 1,988,625.56 6.750000 % 1,557.75
B-1 76110FVH3 884,900.00 874,924.07 6.750000 % 685.35
B-2 76110FVJ9 482,700.00 477,258.27 6.750000 % 373.85
B-3 76110FVK6 643,577.01 636,321.59 6.750000 % 498.46
- -------------------------------------------------------------------------------
160,885,875.01 122,646,067.55 583,575.49
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 93,584.90 217,550.72 0.00 0.00 16,517,633.71
A-2 0.00 0.00 0.00 0.00 0.00
A-3 66,745.75 505,396.32 0.00 0.00 11,430,316.37
A-4 97,872.30 97,872.30 0.00 0.00 17,404,000.00
A-5 44,038.04 44,038.04 0.00 0.00 7,831,000.00
A-6 77,903.07 77,903.07 0.00 0.00 13,853,000.00
A-7 83,712.20 83,712.20 0.00 0.00 14,886,000.00
A-8 47,288.45 47,288.45 0.00 0.00 8,409,000.00
A-9 28,117.76 28,117.76 0.00 0.00 5,000,000.00
A-10 89,996.67 102,532.72 0.00 0.00 15,990,990.75
A-11 0.00 11.38 0.00 0.00 10,625.13
A-12 103,143.30 103,143.30 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,838.87 30,577.38 0.00 0.00 4,768,844.21
M-2 11,183.14 12,740.89 0.00 0.00 1,987,067.81
M-3 11,183.14 12,740.89 0.00 0.00 1,987,067.81
B-1 4,920.18 5,605.53 0.00 0.00 874,238.72
B-2 2,683.89 3,057.74 0.00 0.00 476,884.42
B-3 3,578.39 4,076.85 0.00 0.00 635,823.13
- -------------------------------------------------------------------------------
792,790.05 1,376,365.54 0.00 0.00 122,062,492.06
===============================================================================
Run: 11/29/99 08:51:23
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-1 665.663981 4.958633 3.743396 8.702029 0.000000 660.705348
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 954.557418 35.278315 5.368003 40.646318 0.000000 919.279103
A-4 1000.000000 0.000000 5.623552 5.623552 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623553 5.623553 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623552 5.623552 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623552 5.623552 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623552 5.623552 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623552 5.623552 0.000000 1000.000000
A-10 988.726480 0.774500 5.560155 6.334655 0.000000 987.951980
A-11 967.131297 1.034734 0.000000 1.034734 0.000000 966.096563
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-1 988.726480 0.774500 5.560155 6.334655 0.000000 987.951981
M-2 988.726475 0.774499 5.560155 6.334654 0.000000 987.951976
M-3 988.726475 0.774499 5.560155 6.334654 0.000000 987.951976
B-1 988.726489 0.774494 5.560154 6.334648 0.000000 987.951995
B-2 988.726476 0.774498 5.560162 6.334660 0.000000 987.951979
B-3 988.726415 0.774499 5.560158 6.334657 0.000000 987.951900
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:23 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10 (POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4313
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 25,491.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,665.25
SUBSERVICER ADVANCES THIS MONTH 34,535.45
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 3,979,393.02
(B) TWO MONTHLY PAYMENTS: 4 403,914.98
(C) THREE OR MORE MONTHLY PAYMENTS: 2 410,515.29
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 122,062,492.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 961
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 487,500.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.24369060 % 7.13483400 % 1.62147590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.20871610 % 7.16270796 % 1.62795240 %
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 8.08838349
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.64
POOL TRADING FACTOR: 75.86899226
................................................................................
Run: 11/29/99 08:51:23 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 20,449,226.41 6.750000 % 4,355,461.15
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 6.208750 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 8.373441 % 0.00
A-10 76110FVU2 7,590,000.00 7,062,619.27 6.750000 % 33,451.81
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 76,799.89 0.000000 % 71.62
A-14 76110FVZ3 0.00 0.00 0.932262 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,626,366.38 6.750000 % 9,110.69
M-2 76110FWC3 5,349,900.00 5,284,613.22 6.750000 % 4,141.15
M-3 76110FWD1 5,349,900.00 5,284,613.22 6.750000 % 4,141.15
B-1 76110FWE9 2,354,000.00 2,325,273.29 6.750000 % 1,822.14
B-2 76110FWF6 1,284,000.00 1,268,330.87 6.750000 % 993.89
B-3 76110FWG4 1,712,259.01 1,691,363.60 6.750000 % 1,325.40
- -------------------------------------------------------------------------------
427,987,988.79 348,569,206.15 4,410,519.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 115,002.17 4,470,463.32 0.00 0.00 16,093,765.26
A-2 241,823.00 241,823.00 0.00 0.00 43,000,000.00
A-3 337,427.44 337,427.44 0.00 0.00 60,000,000.00
A-4 151,842.35 151,842.35 0.00 0.00 27,000,000.00
A-5 295,249.01 295,249.01 0.00 0.00 52,500,000.00
A-6 205,268.36 205,268.36 0.00 0.00 36,500,000.00
A-7 140,594.77 140,594.77 0.00 0.00 25,000,000.00
A-8 53,823.47 53,823.47 0.00 0.00 10,405,000.00
A-9 24,201.02 24,201.02 0.00 0.00 3,469,000.00
A-10 39,718.69 73,170.50 0.00 0.00 7,029,167.46
A-11 42,178.43 42,178.43 0.00 0.00 7,500,000.00
A-12 158,174.74 158,174.74 0.00 0.00 28,126,000.00
A-13 0.00 71.62 0.00 0.00 76,728.27
A-14 270,739.99 270,739.99 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,384.25 74,494.94 0.00 0.00 11,617,255.69
M-2 29,719.56 33,860.71 0.00 0.00 5,280,472.07
M-3 29,719.56 33,860.71 0.00 0.00 5,280,472.07
B-1 13,076.85 14,898.99 0.00 0.00 2,323,451.15
B-2 7,132.83 8,126.72 0.00 0.00 1,267,336.98
B-3 9,511.87 10,837.27 0.00 0.00 1,690,038.20
- -------------------------------------------------------------------------------
2,230,588.36 6,641,107.36 0.00 0.00 344,158,687.15
===============================================================================
Run: 11/29/99 08:51:23
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-1 206.557843 43.994557 1.161638 45.156195 0.000000 162.563286
A-2 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-8 1000.000000 0.000000 5.172847 5.172847 0.000000 1000.000000
A-9 1000.000000 0.000000 6.976368 6.976368 0.000000 1000.000000
A-10 930.516373 4.407353 5.233029 9.640382 0.000000 926.109020
A-11 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623791 5.623791 0.000000 1000.000000
A-13 986.767404 0.920213 0.000000 0.920213 0.000000 985.847191
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-1 987.796634 0.774060 5.555161 6.329221 0.000000 987.022574
M-2 987.796635 0.774061 5.555162 6.329223 0.000000 987.022574
M-3 987.796635 0.774061 5.555162 6.329223 0.000000 987.022574
B-1 987.796640 0.774061 5.555161 6.329222 0.000000 987.022579
B-2 987.796628 0.774058 5.555164 6.329222 0.000000 987.022570
B-3 987.796583 0.774059 5.555158 6.329217 0.000000 987.022518
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:23 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9 (POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4314
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 72,064.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,404.22
SUBSERVICER ADVANCES THIS MONTH 62,944.96
MASTER SERVICER ADVANCES THIS MONTH 1,861.88
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 6,601,441.66
(B) TWO MONTHLY PAYMENTS: 6 548,898.42
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,004,572.43
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 505,832.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 344,158,687.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,675
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 246,903.15
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,137,360.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.11444490 % 6.36903200 % 1.51652310 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.01962630 % 6.44417841 % 1.53475830 %
BANKRUPTCY AMOUNT AVAILABLE 182,125.00
FRAUD AMOUNT AVAILABLE 7,120,571.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,560,285.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01008997
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.54
POOL TRADING FACTOR: 80.41316489
................................................................................
Run: 11/29/99 08:51:25 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 32,059,527.34 6.750000 % 2,997,835.23
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 6.199900 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 8.518641 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,751.20 0.000000 % 74.58
A-11 76110FWT6 0.00 0.00 0.879520 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,050,031.85 6.750000 % 15,115.16
M-2 76110FWW9 6,000,000.00 5,932,371.96 6.750000 % 6,871.15
M-3 76110FWX7 4,799,500.00 4,745,403.20 6.750000 % 5,496.35
B-1 76110FWY5 2,639,600.00 2,609,848.18 6.750000 % 3,022.85
B-2 76110FWZ2 1,439,500.00 1,423,274.90 6.750000 % 1,648.50
B-3 76110FXA6 1,919,815.88 1,898,177.02 6.750000 % 2,198.57
- -------------------------------------------------------------------------------
479,943,188.77 399,546,385.65 3,032,262.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 180,288.88 3,178,124.11 0.00 0.00 29,061,692.11
A-2 269,745.61 269,745.61 0.00 0.00 47,967,000.00
A-3 379,708.83 379,708.83 0.00 0.00 67,521,000.00
A-4 170,652.74 170,652.74 0.00 0.00 30,346,000.00
A-5 256,490.86 256,490.86 0.00 0.00 45,610,000.00
A-6 160,991.46 160,991.46 0.00 0.00 28,628,000.00
A-7 83,775.46 83,775.46 0.00 0.00 16,219,000.00
A-8 35,811.76 35,811.76 0.00 0.00 5,046,000.00
A-9 542,274.88 542,274.88 0.00 0.00 96,429,000.00
A-10 0.00 74.58 0.00 0.00 61,676.62
A-11 292,766.39 292,766.39 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,387.72 88,502.88 0.00 0.00 13,034,916.69
M-2 33,361.09 40,232.24 0.00 0.00 5,925,500.81
M-3 26,686.09 32,182.44 0.00 0.00 4,739,906.85
B-1 14,676.66 17,699.51 0.00 0.00 2,606,825.33
B-2 8,003.88 9,652.38 0.00 0.00 1,421,626.40
B-3 10,674.53 12,873.10 0.00 0.00 1,895,978.45
- -------------------------------------------------------------------------------
2,539,296.84 5,571,559.23 0.00 0.00 396,514,123.26
===============================================================================
Run: 11/29/99 08:51:25
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-1 285.947067 26.738454 1.608042 28.346496 0.000000 259.208613
A-2 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-7 1000.000000 0.000000 5.165267 5.165267 0.000000 1000.000000
A-8 1000.000000 0.000000 7.097059 7.097059 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623566 5.623566 0.000000 1000.000000
A-10 982.159401 1.186203 0.000000 1.186203 0.000000 980.973199
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-1 988.728661 1.145192 5.560181 6.705373 0.000000 987.583469
M-2 988.728660 1.145192 5.560182 6.705374 0.000000 987.583468
M-3 988.728659 1.145192 5.560181 6.705373 0.000000 987.583467
B-1 988.728663 1.145192 5.560183 6.705375 0.000000 987.583471
B-2 988.728656 1.145189 5.560181 6.705370 0.000000 987.583467
B-3 988.728680 1.145193 5.560184 6.705377 0.000000 987.583481
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:26 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS11 (POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4319
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 82,882.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 18,433.33
SUBSERVICER ADVANCES THIS MONTH 67,245.19
MASTER SERVICER ADVANCES THIS MONTH 1,194.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 7,118,892.67
(B) TWO MONTHLY PAYMENTS: 7 703,970.77
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,047,843.44
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 375,644.06
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 396,514,123.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,053
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 156,775.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,569,501.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 145,912.21
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.57565760 % 5.93960400 % 1.48473800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.52753900 % 5.97717028 % 1.49436090 %
BANKRUPTCY AMOUNT AVAILABLE 154,256.00
FRAUD AMOUNT AVAILABLE 8,184,295.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,092,147.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.95684308
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.98
POOL TRADING FACTOR: 82.61688728
................................................................................
Run: 11/29/99 08:52:04 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 188,037,444.00 161,778,076.12 7.000000 % 2,173,003.03
CB-2 76110FXP8 6,964,350.00 5,991,780.78 0.000000 % 80,481.60
NB-1 76110FXQ1 25,499,800.00 15,566,332.52 6.750000 % 37,089.48
NB-2 76110FXR9 7,423,000.00 7,423,000.00 6.750000 % 0.00
NB-3 76110FXS7 21,430,159.00 21,430,159.00 6.750000 % 0.00
NB-4 76110FXT5 4,020,000.00 4,020,000.00 6.750000 % 0.00
NB-5 76110FXU2 10,500,000.00 10,500,000.00 6.750000 % 0.00
NB-6 76110FXV0 0.00 0.00 0.350000 % 0.00
NB-7 76110FXW8 15,249,000.00 10,062,456.93 6.400000 % 19,365.07
NB-8 76110FXX6 20,899,000.00 15,201,360.00 6.100000 % 21,273.36
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,805.03 0.000000 % 58.18
A-V 76110FYA5 0.00 0.00 0.833598 % 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 8,715,923.31 6.750000 % 20,039.76
M-2 76110FYE7 4,001,000.00 3,961,648.29 6.750000 % 9,108.67
M-3 76110FYF4 3,201,000.00 3,169,516.65 6.750000 % 7,287.39
B-1 76110FYG2 1,760,300.00 1,742,986.63 6.750000 % 4,007.50
B-2 76110FYH0 960,000.00 950,557.94 6.750000 % 2,185.54
B-3 76110FYJ6 1,280,602.22 1,268,006.94 6.750000 % 2,915.42
- -------------------------------------------------------------------------------
320,086,417.14 271,838,610.14 2,376,815.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 943,282.86 3,116,285.89 0.00 0.00 159,605,073.09
CB-2 0.00 80,481.60 0.00 0.00 5,911,299.18
NB-1 87,550.26 124,639.74 0.00 0.00 15,529,243.04
NB-2 41,749.44 41,749.44 0.00 0.00 7,423,000.00
NB-3 120,530.38 120,530.38 0.00 0.00 21,430,159.00
NB-4 22,609.82 22,609.82 0.00 0.00 4,020,000.00
NB-5 59,055.51 59,055.51 0.00 0.00 10,500,000.00
NB-6 2,934.53 2,934.53 0.00 0.00 0.00
NB-7 53,660.09 73,025.16 0.00 0.00 10,043,091.86
NB-8 77,264.44 98,537.80 0.00 0.00 15,180,086.64
NB-9 8,233.10 8,233.10 0.00 0.00 0.00
A-P 0.00 58.18 0.00 0.00 56,746.85
A-V 188,773.04 188,773.04 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 49,008.60 69,048.36 0.00 0.00 8,695,883.55
M-2 22,275.88 31,384.55 0.00 0.00 3,952,539.62
M-3 17,821.81 25,109.20 0.00 0.00 3,162,229.26
B-1 9,800.61 13,808.11 0.00 0.00 1,738,979.13
B-2 5,344.88 7,530.42 0.00 0.00 948,372.40
B-3 7,129.85 10,045.27 0.00 0.00 1,265,091.52
- -------------------------------------------------------------------------------
1,717,025.10 4,093,840.10 0.00 0.00 269,461,795.14
===============================================================================
Run: 11/29/99 08:52:04
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-1 860.350325 11.556225 5.016463 16.572688 0.000000 848.794100
CB-2 860.350324 11.556226 0.000000 11.556226 0.000000 848.794099
NB-1 610.449200 1.454501 3.433370 4.887871 0.000000 608.994700
NB-2 1000.000000 0.000000 5.624335 5.624335 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624334 5.624334 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624333 5.624333 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624334 5.624334 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 659.876512 1.269924 3.518925 4.788849 0.000000 658.606588
NB-8 727.372602 1.017913 3.697040 4.714953 0.000000 726.354689
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 978.352593 1.002047 0.000000 1.002047 0.000000 977.350546
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-1 990.164534 2.276599 5.567577 7.844176 0.000000 987.887935
M-2 990.164531 2.276598 5.567578 7.844176 0.000000 987.887933
M-3 990.164527 2.276598 5.567576 7.844174 0.000000 987.887929
B-1 990.164534 2.276601 5.567579 7.844180 0.000000 987.887934
B-2 990.164521 2.276604 5.567583 7.844187 0.000000 987.887917
B-3 990.164565 2.276601 5.567576 7.844177 0.000000 987.887967
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:04 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,341.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,457.97
SUBSERVICER ADVANCES THIS MONTH 62,025.93
MASTER SERVICER ADVANCES THIS MONTH 1,901.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 6,294,195.63
(B) TWO MONTHLY PAYMENTS: 6 1,077,837.00
(C) THREE OR MORE MONTHLY PAYMENTS: 4 415,760.32
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 822,838.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 269,461,795.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,919
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 252,400.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,742,529.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 420,696.89
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.69219160 % 5.82959400 % 1.45731750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.66417030 % 5.86749317 % 1.46710060 %
BANKRUPTCY AMOUNT AVAILABLE 160,187.00
FRAUD AMOUNT AVAILABLE 2,721,661.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,721,661.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.90943100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.19
POOL TRADING FACTOR: 84.18407677
................................................................................
Run: 11/29/99 08:52:04 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 99,690,575.63 6.500000 % 1,087,791.97
NB 37,758,000.00 30,503,998.74 6.500000 % 852,401.87
A-P 53,454.22 50,840.50 0.000000 % 209.80
A-V 0.00 0.00 0.839853 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,909,816.61 6.500000 % 14,078.94
M-2 706,500.00 676,533.30 6.500000 % 2,436.14
M-3 628,000.00 601,362.93 6.500000 % 2,165.46
B-1 471,000.00 451,022.21 6.500000 % 1,624.09
B-2 314,000.00 300,681.47 6.500000 % 1,082.73
B-3 471,221.05 451,233.86 6.500000 % 1,624.86
- -------------------------------------------------------------------------------
156,999,275.27 136,636,065.25 1,963,415.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 539,631.11 1,627,423.08 0.00 0.00 98,602,783.66
NB 165,119.98 1,017,521.85 0.00 0.00 29,651,596.87
A-P 0.00 209.80 0.00 0.00 50,630.70
A-V 95,564.89 95,564.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,164.07 35,243.01 0.00 0.00 3,895,737.67
M-2 3,662.12 6,098.26 0.00 0.00 674,097.16
M-3 3,255.21 5,420.67 0.00 0.00 599,197.47
B-1 2,441.41 4,065.50 0.00 0.00 449,398.12
B-2 1,627.61 2,710.34 0.00 0.00 299,598.74
B-3 2,442.55 4,067.41 0.00 0.00 449,609.00
- -------------------------------------------------------------------------------
834,908.95 2,798,324.81 0.00 0.00 134,672,649.39
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 886.028189 9.668059 4.796124 14.464183 0.000000 876.360130
NB 807.881740 22.575398 4.373112 26.948510 0.000000 785.306342
A-P 951.103580 3.924899 0.000000 3.924899 0.000000 947.178681
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-1 957.584279 3.448185 5.183461 8.631646 0.000000 954.136094
M-2 957.584289 3.448181 5.183468 8.631649 0.000000 954.136108
M-3 957.584283 3.448185 5.183455 8.631640 0.000000 954.136099
B-1 957.584310 3.448174 5.183461 8.631635 0.000000 954.136136
B-2 957.584299 3.448185 5.183471 8.631656 0.000000 954.136115
B-3 957.584259 3.448191 5.183448 8.631639 0.000000 954.136074
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:04 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,272.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,945.91
SUBSERVICER ADVANCES THIS MONTH 21,563.63
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,570,867.13
(B) TWO MONTHLY PAYMENTS: 2 191,327.91
(C) THREE OR MORE MONTHLY PAYMENTS: 2 190,207.66
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 296,150.08
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 134,672,649.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,316
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 1,471,390.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.32112610 % 3.79673800 % 0.88039530 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.26998760 % 3.83821980 % 0.89034900 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,370,649.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,562,110.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.66960900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 159.85
POOL TRADING FACTOR: 85.77915354
................................................................................
Run: 11/29/99 08:51:30 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 104,208,000.00 102,805,242.07 6.750000 % 3,196,620.01
A-2 76110FYL1 97,975,000.00 65,650,022.23 6.500000 % 303,696.60
A-3 76110FYM9 46,000,000.00 30,823,178.84 6.250000 % 142,587.82
A-4 76110FYN7 37,995,000.00 25,459,275.61 8.000000 % 117,774.44
A-5 76110FYP2 25,759,000.00 25,759,000.00 6.750000 % 0.00
A-6 76110FYQ0 88,071,000.00 88,071,000.00 6.750000 % 0.00
A-P 76110FYR8 95,321.30 90,387.22 0.000000 % 106.21
A-V 76110FYS6 0.00 0.00 0.812637 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,285,499.15 6.750000 % 13,250.57
M-2 76110FYV9 5,563,000.00 5,507,190.32 6.750000 % 5,939.80
M-3 76110FYW7 4,279,000.00 4,236,071.78 6.750000 % 4,568.83
B-1 76110FYX5 2,567,500.00 2,541,742.08 6.750000 % 2,741.40
B-2 76110FYY3 1,283,800.00 1,270,920.54 6.750000 % 1,370.76
B-3 76110FYZ0 1,711,695.86 1,694,523.57 6.750000 % 1,827.63
- -------------------------------------------------------------------------------
427,918,417.16 366,194,053.41 3,790,484.07
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 577,987.79 3,774,607.80 0.00 0.00 99,608,622.06
A-2 355,424.91 659,121.51 0.00 0.00 65,346,325.63
A-3 160,456.41 303,044.23 0.00 0.00 30,680,591.02
A-4 169,642.88 287,417.32 0.00 0.00 25,341,501.17
A-5 144,821.29 144,821.29 0.00 0.00 25,759,000.00
A-6 495,149.49 495,149.49 0.00 0.00 88,071,000.00
A-P 0.00 106.21 0.00 0.00 90,281.01
A-V 247,860.57 247,860.57 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,071.07 82,321.64 0.00 0.00 12,272,248.58
M-2 30,962.32 36,902.12 0.00 0.00 5,501,250.52
M-3 23,815.88 28,384.71 0.00 0.00 4,231,502.95
B-1 14,290.09 17,031.49 0.00 0.00 2,539,000.68
B-2 7,145.32 8,516.08 0.00 0.00 1,269,549.78
B-3 9,526.89 11,354.52 0.00 0.00 1,692,695.94
- -------------------------------------------------------------------------------
2,306,154.91 6,096,638.98 0.00 0.00 362,403,569.34
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 986.538865 30.675380 5.546482 36.221862 0.000000 955.863485
A-2 670.069122 3.099736 3.627710 6.727446 0.000000 666.969386
A-3 670.069105 3.099735 3.488183 6.587918 0.000000 666.969370
A-4 670.069104 3.099735 4.464874 7.564609 0.000000 666.969369
A-5 1000.000000 0.000000 5.622163 5.622163 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622163 5.622163 0.000000 1000.000000
A-P 948.237382 1.114232 0.000000 1.114232 0.000000 947.123151
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 989.967699 1.067733 5.565759 6.633492 0.000000 988.899966
M-2 989.967701 1.067733 5.565759 6.633492 0.000000 988.899968
M-3 989.967698 1.067733 5.565758 6.633491 0.000000 988.899965
B-1 989.967704 1.067731 5.565760 6.633491 0.000000 988.899973
B-2 989.967705 1.067736 5.565758 6.633494 0.000000 988.899969
B-3 989.967675 1.067731 5.565761 6.633492 0.000000 988.899943
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:30 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS14 (POOL # 4335)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4335
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 75,895.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,742.60
SUBSERVICER ADVANCES THIS MONTH 54,462.19
MASTER SERVICER ADVANCES THIS MONTH 1,134.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 6,558,651.19
(B) TWO MONTHLY PAYMENTS: 4 507,882.71
(C) THREE OR MORE MONTHLY PAYMENTS: 4 352,435.57
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 225,645.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 362,403,569.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,826
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 149,890.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,395,535.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 105,577.33
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.47864740 % 6.01708300 % 1.50426960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.40815910 % 6.07196063 % 1.51836730 %
BANKRUPTCY AMOUNT AVAILABLE 181,420.00
FRAUD AMOUNT AVAILABLE 3,662,072.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,662,072.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.88895230
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.49
POOL TRADING FACTOR: 84.68987424
................................................................................
Run: 11/29/99 08:52:05 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 250,018,000.00 221,275,139.60 6.500000 % 2,367,948.87
NB 150,029,000.00 127,764,460.06 6.500000 % 1,127,575.94
A-V 0.00 0.00 1.004701 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,494,200.47 6.500000 % 11,508.70
M-2 5,377,000.00 5,328,546.14 6.500000 % 4,230.98
M-3 4,517,000.00 4,476,295.89 6.500000 % 3,554.27
B-1 2,581,000.00 2,557,741.78 6.500000 % 2,030.90
B-2 1,290,500.00 1,278,870.89 6.500000 % 1,015.45
B-3 1,720,903.67 1,705,396.09 6.500000 % 1,354.12
- -------------------------------------------------------------------------------
430,159,503.67 378,880,650.92 3,519,219.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,198,247.41 3,566,196.28 0.00 0.00 218,907,190.73
NB 691,905.70 1,819,481.64 0.00 0.00 126,636,884.12
A-V 317,137.77 317,137.77 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,487.11 89,995.81 0.00 0.00 14,482,691.77
M-2 28,854.45 33,085.43 0.00 0.00 5,324,315.16
M-3 24,239.45 27,793.72 0.00 0.00 4,472,741.62
B-1 13,850.35 15,881.25 0.00 0.00 2,555,710.88
B-2 6,925.18 7,940.63 0.00 0.00 1,277,855.44
B-3 9,234.84 10,588.96 0.00 0.00 1,704,041.96
- -------------------------------------------------------------------------------
2,368,882.26 5,888,101.49 0.00 0.00 375,361,431.68
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 885.036836 9.471114 4.792645 14.263759 0.000000 875.565722
NB 851.598425 7.515720 4.611813 12.127533 0.000000 844.082705
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 990.988682 0.786866 5.366273 6.153139 0.000000 990.201817
M-2 990.988681 0.786866 5.366273 6.153139 0.000000 990.201815
M-3 990.988685 0.786865 5.366272 6.153137 0.000000 990.201820
B-1 990.988679 0.786866 5.366273 6.153139 0.000000 990.201813
B-2 990.988679 0.786866 5.366277 6.153143 0.000000 990.201813
B-3 990.988700 0.786866 5.366274 6.153140 0.000000 990.201828
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 78,677.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,906.23
SUBSERVICER ADVANCES THIS MONTH 60,480.48
MASTER SERVICER ADVANCES THIS MONTH 2,828.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 7,189,543.70
(B) TWO MONTHLY PAYMENTS: 1 149,421.96
(C) THREE OR MORE MONTHLY PAYMENTS: 3 804,753.01
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 388,384.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 375,361,431.68
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,726
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 408,257.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,218,483.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.12389150 % 6.41337600 % 1.46273210 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.05636110 % 6.46836529 % 1.47527360 %
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 7.80433400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.68
POOL TRADING FACTOR: 87.26098772
................................................................................
Run: 11/29/99 08:51:30 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 98,485,484.33 6.500000 % 664,706.61
A-P 76110FZB2 32,286.88 30,696.13 0.000000 % 123.61
A-V 76110FZC0 0.00 0.00 0.754048 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,159,427.07 6.500000 % 11,179.46
M-2 76110FZF3 517,300.00 498,892.43 6.500000 % 1,765.30
M-3 76110FZG1 459,700.00 443,342.07 6.500000 % 1,568.74
B-1 76110FZH9 344,800.00 332,530.65 6.500000 % 1,176.64
B-2 76110FZJ5 229,800.00 221,622.79 6.500000 % 784.20
B-3 76110FZK2 344,884.43 332,612.13 6.500000 % 1,176.95
- -------------------------------------------------------------------------------
114,943,871.31 103,504,607.60 682,481.51
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 532,928.17 1,197,634.78 0.00 0.00 97,820,777.72
A-P 0.00 123.61 0.00 0.00 30,572.52
A-V 64,974.31 64,974.31 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 17,096.40 28,275.86 0.00 0.00 3,148,247.61
M-2 2,699.62 4,464.92 0.00 0.00 497,127.13
M-3 2,399.03 3,967.77 0.00 0.00 441,773.33
B-1 1,799.40 2,976.04 0.00 0.00 331,354.01
B-2 1,199.26 1,983.46 0.00 0.00 220,838.59
B-3 1,799.84 2,976.79 0.00 0.00 331,435.18
- -------------------------------------------------------------------------------
624,896.03 1,307,377.54 0.00 0.00 102,822,126.09
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 897.451994 6.057159 4.856324 10.913483 0.000000 891.394834
A-P 950.730761 3.828490 0.000000 3.828490 0.000000 946.902271
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 964.416078 3.412534 5.218681 8.631215 0.000000 961.003544
M-2 964.416064 3.412527 5.218674 8.631201 0.000000 961.003538
M-3 964.416076 3.412530 5.218686 8.631216 0.000000 961.003546
B-1 964.416038 3.412529 5.218677 8.631206 0.000000 961.003509
B-2 964.415970 3.412533 5.218712 8.631245 0.000000 961.003438
B-3 964.416196 3.412534 5.218676 8.631210 0.000000 961.003603
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:30 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,507.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,439.49
SUBSERVICER ADVANCES THIS MONTH 9,231.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 985,766.53
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 102,822,126.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,129
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 316,231.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.17904840 % 3.96395700 % 0.85699430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.16421760 % 3.97496942 % 0.85963070 %
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 7.58122933
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 162.35
POOL TRADING FACTOR: 89.45420484
................................................................................
Run: 11/29/99 08:52:05 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 6,722,299.27 6.500000 % 526,251.06
A-2 76110FZY2 100,000,000.00 83,719,838.89 6.500000 % 1,590,187.07
A-3 76110FZZ9 33,937,000.00 29,104,118.68 6.500000 % 472,058.31
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 200,070,000.00 180,560,738.80 6.500000 % 1,483,664.31
NB-1 76110FA78 73,215,000.00 62,976,490.09 6.500000 % 382,558.97
NB-2 76110FA86 2,000,000.00 2,000,000.00 6.500000 % 0.00
NB-3 76110FA94 4,725,000.00 4,725,000.00 6.500000 % 0.00
NB-4 76110FB28 4,735,000.00 4,735,000.00 6.500000 % 0.00
NB-5 76110FB36 2,800,000.00 2,800,000.00 6.500000 % 0.00
NB-6 76110FB44 2,664,000.00 2,664,000.00 6.500000 % 0.00
NB-7 76110FB51 10,000,000.00 10,000,000.00 6.500000 % 0.00
A-P 76110FB69 60,240.84 59,602.53 0.000000 % 135.82
A-V 76110FB77 0.00 0.00 0.957955 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,054,417.33 6.500000 % 19,171.67
M-2 76110FC27 7,062,000.00 7,005,898.62 6.500000 % 7,049.01
M-3 76110FC35 5,932,000.00 5,884,875.51 6.500000 % 5,921.09
B-1 76110FC43 3,389,000.00 3,362,077.38 6.500000 % 3,382.77
B-2 76110FC50 1,694,000.00 1,680,542.66 6.500000 % 1,690.88
B-3 76110FC68 2,259,938.31 2,242,107.23 6.500000 % 2,255.90
- -------------------------------------------------------------------------------
564,904,279.15 508,341,006.99 4,494,326.86
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 36,400.94 562,652.00 0.00 0.00 6,196,048.21
A-2 453,339.10 2,043,526.17 0.00 0.00 82,129,651.82
A-3 157,597.47 629,655.78 0.00 0.00 28,632,060.37
A-4 135,373.86 135,373.86 0.00 0.00 25,000,000.00
A-5 77,547.56 77,547.56 0.00 0.00 14,321,000.00
A-6 3,915.01 3,915.01 0.00 0.00 723,000.00
A-7 81,224.31 81,224.31 0.00 0.00 15,000,000.00
A-8 129,958.90 129,958.90 0.00 0.00 24,000,000.00
CB 977,686.67 2,461,350.98 0.00 0.00 179,077,074.49
NB-1 341,058.88 723,617.85 0.00 0.00 62,593,931.12
NB-2 10,831.30 10,831.30 0.00 0.00 2,000,000.00
NB-3 25,588.97 25,588.97 0.00 0.00 4,725,000.00
NB-4 25,643.13 25,643.13 0.00 0.00 4,735,000.00
NB-5 15,163.83 15,163.83 0.00 0.00 2,800,000.00
NB-6 14,427.30 14,427.30 0.00 0.00 2,664,000.00
NB-7 54,156.54 54,156.54 0.00 0.00 10,000,000.00
A-P 0.00 135.82 0.00 0.00 59,466.71
A-V 405,681.56 405,681.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 103,174.56 122,346.23 0.00 0.00 19,035,245.66
M-2 37,935.06 44,984.07 0.00 0.00 6,998,849.61
M-3 31,865.02 37,786.11 0.00 0.00 5,878,954.42
B-1 18,204.74 21,587.51 0.00 0.00 3,358,694.61
B-2 9,099.69 10,790.57 0.00 0.00 1,678,851.78
B-3 12,140.41 14,396.31 0.00 0.00 2,239,851.33
- -------------------------------------------------------------------------------
3,158,014.81 7,652,341.67 0.00 0.00 503,846,680.13
===============================================================================
Run: 11/29/99 08:52:05
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-1 555.103160 43.455909 3.005858 46.461767 0.000000 511.647251
A-2 837.198389 15.901871 4.533391 20.435262 0.000000 821.296518
A-3 857.592559 13.909842 4.643824 18.553666 0.000000 843.682717
A-4 1000.000000 0.000000 5.414954 5.414954 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414954 5.414954 0.000000 1000.000000
A-6 1000.000000 0.000000 5.414954 5.414954 0.000000 1000.000000
A-7 1000.000000 0.000000 5.414954 5.414954 0.000000 1000.000000
A-8 1000.000000 0.000000 5.414954 5.414954 0.000000 1000.000000
CB 902.487823 7.415726 4.886723 12.302449 0.000000 895.072097
NB-1 860.158302 5.225145 4.658320 9.883465 0.000000 854.933157
NB-2 1000.000000 0.000000 5.415652 5.415652 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415654 5.415654 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.415655 5.415655 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.415655 5.415655 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.415654 5.415654 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.415654 5.415654 0.000000 1000.000000
A-P 989.404032 2.254599 0.000000 2.254599 0.000000 987.149433
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 992.055882 0.998161 5.371716 6.369877 0.000000 991.057722
M-2 992.055879 0.998161 5.371717 6.369878 0.000000 991.057719
M-3 992.055885 0.998161 5.371716 6.369877 0.000000 991.057724
B-1 992.055881 0.998162 5.371715 6.369877 0.000000 991.057719
B-2 992.055880 0.998158 5.371717 6.369875 0.000000 991.057721
B-3 992.109926 0.998213 5.372010 6.370223 0.000000 991.111713
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:05 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 105,604.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 19,408.53
SUBSERVICER ADVANCES THIS MONTH 63,769.92
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 50 7,875,116.95
(B) TWO MONTHLY PAYMENTS: 5 250,337.61
(C) THREE OR MORE MONTHLY PAYMENTS: 7 618,270.76
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 195,666.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 503,846,680.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,790
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 3,982,634.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 108,531.25
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.27103050 % 6.28420500 % 1.43303950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.20994880 % 6.33388111 % 1.44436750 %
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 7.78686500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.18
POOL TRADING FACTOR: 89.19151416
................................................................................
Run: 11/29/99 08:51:35 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 24,748,056.83 6.500000 % 1,983,510.09
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,756,281.59 6.500000 % 19,341.11
A-4 76110FD34 2,475,344.00 2,475,344.00 6.500000 % 0.00
A-5 76110FD42 14,025,030.00 14,025,030.00 6.500000 % 0.00
A-6 76110FD59 133,990,656.00 133,990,656.00 6.500000 % 0.00
A-P 76110FD67 16,409.82 15,876.57 0.000000 % 16.07
A-V 76110FD75 0.00 0.00 1.066355 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,051,318.38 6.500000 % 7,071.44
M-2 76110FE25 3,360,700.00 3,327,728.44 6.500000 % 2,599.82
M-3 76110FE33 2,823,000.00 2,795,303.77 6.500000 % 2,183.86
B-1 76110FE41 1,613,200.00 1,597,373.02 6.500000 % 1,247.96
B-2 76110FE58 806,600.00 798,686.51 6.500000 % 623.98
B-3 76110FE66 1,075,021.18 1,064,474.22 6.500000 % 831.64
- -------------------------------------------------------------------------------
268,851,631.00 243,646,129.33 2,017,425.97
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 133,992.69 2,117,502.78 0.00 0.00 22,764,546.74
A-2 135,356.78 135,356.78 0.00 0.00 25,000,000.00
A-3 134,037.23 153,378.34 0.00 0.00 24,736,940.48
A-4 13,402.18 13,402.18 0.00 0.00 2,475,344.00
A-5 75,935.31 75,935.31 0.00 0.00 14,025,030.00
A-6 725,461.75 725,461.75 0.00 0.00 133,990,656.00
A-P 0.00 16.07 0.00 0.00 15,860.50
A-V 216,415.39 216,415.39 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,006.29 56,077.73 0.00 0.00 9,044,246.94
M-2 18,017.23 20,617.05 0.00 0.00 3,325,128.62
M-3 15,134.53 17,318.39 0.00 0.00 2,793,119.91
B-1 8,648.61 9,896.57 0.00 0.00 1,596,125.06
B-2 4,324.31 4,948.29 0.00 0.00 798,062.53
B-3 5,763.35 6,594.99 0.00 0.00 1,063,642.58
- -------------------------------------------------------------------------------
1,535,495.65 3,552,921.62 0.00 0.00 241,628,703.36
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 499.728547 40.052301 2.705666 42.757967 0.000000 459.676246
A-2 1000.000000 0.000000 5.414271 5.414271 0.000000 1000.000000
A-3 990.189080 0.773596 5.361153 6.134749 0.000000 989.415484
A-4 1000.000000 0.000000 5.414270 5.414270 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414271 5.414271 0.000000 1000.000000
A-6 1000.000000 0.000000 5.414271 5.414271 0.000000 1000.000000
A-P 967.504214 0.979292 0.000000 0.979292 0.000000 966.524922
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 990.189080 0.773596 5.361152 6.134748 0.000000 989.415484
M-2 990.189080 0.773595 5.361154 6.134749 0.000000 989.415485
M-3 990.189079 0.773595 5.361151 6.134746 0.000000 989.415484
B-1 990.189078 0.773593 5.361152 6.134745 0.000000 989.415485
B-2 990.189078 0.773593 5.361158 6.134751 0.000000 989.415485
B-3 990.189068 0.773594 5.361150 6.134744 0.000000 989.415464
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:35 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1 (POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4355
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 50,493.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,867.59
SUBSERVICER ADVANCES THIS MONTH 38,807.77
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 4,114,830.84
(B) TWO MONTHLY PAYMENTS: 5 665,863.43
(C) THREE OR MORE MONTHLY PAYMENTS: 2 437,265.88
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 226,700.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 241,628,703.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,783
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 1,827,071.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.35116160 % 6.22843400 % 1.42040400 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.29332120 % 6.27512181 % 1.43114500 %
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 7.89289472
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.70
POOL TRADING FACTOR: 89.87436768
................................................................................
Run: 11/29/99 08:51:37 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG80 18,049,000.00 7,040,534.95 6.500000 % 1,621,418.19
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 122,513,707.20 6.500000 % 1,946,163.54
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 35,400.37 0.000000 % 44.18
A-V 76110FF81 0.00 0.00 1.039590 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,231,900.64 6.500000 % 7,756.58
M-2 76110FG31 3,861,100.00 3,836,689.49 6.500000 % 2,908.51
M-3 76110FG49 3,378,500.00 3,357,140.57 6.500000 % 2,544.98
B-1 76110FG56 1,930,600.00 1,918,394.42 6.500000 % 1,454.29
B-2 76110FG64 965,300.00 959,197.22 6.500000 % 727.15
B-3 76110FG72 1,287,113.52 1,278,976.17 6.500000 % 969.56
- -------------------------------------------------------------------------------
321,757,386.08 297,397,941.03 3,583,986.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 38,114.96 1,659,533.15 0.00 0.00 5,419,116.76
A-2 514,458.75 514,458.75 0.00 0.00 95,030,000.00
A-3 663,245.81 2,609,409.35 0.00 0.00 120,567,543.66
A-4 20,561.03 20,561.03 0.00 0.00 3,798,000.00
A-5 28,253.81 28,253.81 0.00 0.00 5,219,000.00
A-6 4,997.21 4,997.21 0.00 0.00 1,000,000.00
A-7 5,830.08 5,830.08 0.00 0.00 1,000,000.00
A-8 43,325.40 43,325.40 0.00 0.00 8,003,000.00
A-9 174,189.47 174,189.47 0.00 0.00 32,176,000.00
A-P 0.00 44.18 0.00 0.00 35,356.19
A-V 257,499.62 257,499.62 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,391.89 63,148.47 0.00 0.00 10,224,144.06
M-2 20,770.48 23,678.99 0.00 0.00 3,833,780.98
M-3 18,174.37 20,719.35 0.00 0.00 3,354,595.59
B-1 10,385.50 11,839.79 0.00 0.00 1,916,940.13
B-2 5,192.75 5,919.90 0.00 0.00 958,470.07
B-3 6,923.93 7,893.49 0.00 0.00 1,278,006.61
- -------------------------------------------------------------------------------
1,867,315.06 5,451,302.04 0.00 0.00 293,813,954.05
===============================================================================
Run: 11/29/99 08:51:37
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-1 390.078949 89.834240 2.111749 91.945989 0.000000 300.244709
A-2 1000.000000 0.000000 5.413646 5.413646 0.000000 1000.000000
A-3 902.648016 14.338809 4.886617 19.225426 0.000000 888.309206
A-4 1000.000000 0.000000 5.413647 5.413647 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413644 5.413644 0.000000 1000.000000
A-6 1000.000000 0.000000 4.997210 4.997210 0.000000 1000.000000
A-7 1000.000000 0.000000 5.830080 5.830080 0.000000 1000.000000
A-8 1000.000000 0.000000 5.413645 5.413645 0.000000 1000.000000
A-9 1000.000000 0.000000 5.413646 5.413646 0.000000 1000.000000
A-P 992.369765 1.238487 0.000000 1.238487 0.000000 991.131279
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-1 993.677832 0.753285 5.379420 6.132705 0.000000 992.924547
M-2 993.677835 0.753285 5.379420 6.132705 0.000000 992.924550
M-3 993.677836 0.753287 5.379420 6.132707 0.000000 992.924549
B-1 993.677831 0.753284 5.379416 6.132700 0.000000 992.924547
B-2 993.677841 0.753289 5.379416 6.132705 0.000000 992.924552
B-3 993.677830 0.753282 5.379424 6.132706 0.000000 992.924546
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:37 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2 (POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4362
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 61,641.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,537.98
SUBSERVICER ADVANCES THIS MONTH 47,698.84
MASTER SERVICER ADVANCES THIS MONTH 759.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,331,457.68
(B) TWO MONTHLY PAYMENTS: 5 800,568.34
(C) THREE OR MORE MONTHLY PAYMENTS: 5 579,952.15
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 293,813,954.05
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,186
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 101,759.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,358,528.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.74209240 % 5.86009600 % 1.39781150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.65911890 % 5.92637633 % 1.41379150 %
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 7.86562613
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.28
POOL TRADING FACTOR: 91.31537200
................................................................................
Run: 11/29/99 08:51:38 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 167,033,000.00 153,708,369.96 6.500000 % 1,697,891.62
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 41,998,482.16 6.500000 % 382,468.55
A-5 76110FJ79 60,600,000.00 46,193,097.25 6.500000 % 1,835,800.27
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 47,282,848.33 6.500000 % 36,348.75
A-P 76110FK36 12,443.31 12,090.28 0.000000 % 13.45
A-V 76110FK44 0.00 0.00 1.018481 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,218,055.77 6.500000 % 12,467.65
M-2 76110FK77 6,113,300.00 6,081,895.28 6.500000 % 4,675.46
M-3 76110FK85 5,349,000.00 5,321,521.58 6.500000 % 4,090.93
B-1 76110FK93 3,056,500.00 3,040,798.42 6.500000 % 2,337.62
B-2 76110FL27 1,528,300.00 1,520,448.95 6.500000 % 1,168.85
B-3 76110FL35 2,037,744.61 2,027,276.47 6.500000 % 1,558.48
- -------------------------------------------------------------------------------
509,426,187.92 478,271,884.45 3,978,821.63
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 832,151.61 2,530,043.23 0.00 0.00 152,010,478.34
A-2 48,794.89 48,794.89 0.00 0.00 9,013,000.00
A-3 139,969.27 139,969.27 0.00 0.00 25,854,000.00
A-4 227,372.82 609,841.37 0.00 0.00 41,616,013.61
A-5 250,081.77 2,085,882.04 0.00 0.00 44,357,296.98
A-6 541,383.41 541,383.41 0.00 0.00 100,000,000.00
A-7 108,276.68 108,276.68 0.00 0.00 20,000,000.00
A-8 255,981.50 292,330.25 0.00 0.00 47,246,499.58
A-P 0.00 13.45 0.00 0.00 12,076.83
A-V 405,713.26 405,713.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,801.86 100,269.51 0.00 0.00 16,205,588.12
M-2 32,926.37 37,601.83 0.00 0.00 6,077,219.82
M-3 28,809.84 32,900.77 0.00 0.00 5,317,430.65
B-1 16,462.38 18,800.00 0.00 0.00 3,038,460.80
B-2 8,231.46 9,400.31 0.00 0.00 1,519,280.10
B-3 10,975.34 12,533.82 0.00 0.00 2,025,717.99
- -------------------------------------------------------------------------------
2,994,932.46 6,973,754.09 0.00 0.00 474,293,062.82
===============================================================================
Run: 11/29/99 08:51:38
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-1 920.227560 10.165007 4.981959 15.146966 0.000000 910.062553
A-2 1000.000000 0.000000 5.413834 5.413834 0.000000 1000.000000
A-3 1000.000000 0.000000 5.413834 5.413834 0.000000 1000.000000
A-4 933.299604 8.499301 5.052729 13.552030 0.000000 924.800302
A-5 762.262331 30.293734 4.126762 34.420496 0.000000 731.968597
A-6 1000.000000 0.000000 5.413834 5.413834 0.000000 1000.000000
A-7 1000.000000 0.000000 5.413834 5.413834 0.000000 1000.000000
A-8 994.862885 0.764802 5.386023 6.150825 0.000000 994.098083
A-P 971.628932 1.080902 0.000000 1.080902 0.000000 970.548029
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.862884 0.764802 5.386022 6.150824 0.000000 994.098082
M-2 994.862886 0.764801 5.386022 6.150823 0.000000 994.098085
M-3 994.862887 0.764803 5.386024 6.150827 0.000000 994.098084
B-1 994.862889 0.764803 5.386023 6.150826 0.000000 994.098086
B-2 994.862887 0.764804 5.386024 6.150828 0.000000 994.098083
B-3 994.862879 0.764801 5.386023 6.150824 0.000000 994.098075
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:38 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS3 (POOL # 4363)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4363
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 99,219.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,309.71
SUBSERVICER ADVANCES THIS MONTH 55,318.36
MASTER SERVICER ADVANCES THIS MONTH 403.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 49 6,429,691.92
(B) TWO MONTHLY PAYMENTS: 7 889,582.51
(C) THREE OR MORE MONTHLY PAYMENTS: 1 67,824.72
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 449,657.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 474,293,062.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,073
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 54,144.60
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,611,145.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.84698470 % 5.77541200 % 1.37760350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.79252210 % 5.81923725 % 1.38809250 %
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 7.84752630
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.00
POOL TRADING FACTOR: 93.10339242
................................................................................
Run: 11/29/99 08:51:38 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 200,000,000.00 187,303,612.44 6.250000 % 1,863,423.63
A-P 76110FH22 33,549.74 32,022.02 0.000000 % 218.51
A-V 76110FH30 0.00 0.00 0.899184 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,731,357.12 6.250000 % 19,793.31
M-2 76110FH63 942,600.00 921,058.60 6.250000 % 3,180.89
M-3 76110FH71 942,600.00 921,058.60 6.250000 % 3,180.89
B-1 76110FH89 628,400.00 614,039.08 6.250000 % 2,120.59
B-2 76110FH97 523,700.00 511,731.78 6.250000 % 1,767.27
B-3 76110FJ20 523,708.79 511,740.43 6.250000 % 1,767.30
- -------------------------------------------------------------------------------
209,460,058.53 196,546,620.07 1,895,452.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 974,620.64 2,838,044.27 0.00 0.00 185,440,188.81
A-P 0.00 218.51 0.00 0.00 31,803.51
A-V 147,137.54 147,137.54 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,822.70 49,616.01 0.00 0.00 5,711,563.81
M-2 4,792.66 7,973.55 0.00 0.00 917,877.71
M-3 4,792.66 7,973.55 0.00 0.00 917,877.71
B-1 3,195.11 5,315.70 0.00 0.00 611,918.49
B-2 2,662.76 4,430.03 0.00 0.00 509,964.51
B-3 2,662.80 4,430.10 0.00 0.00 509,973.13
- -------------------------------------------------------------------------------
1,169,686.87 3,065,139.26 0.00 0.00 194,651,167.68
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 936.518062 9.317118 4.873103 14.190221 0.000000 927.200944
A-P 954.464029 6.513016 0.000000 6.513016 0.000000 947.951012
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-1 977.146848 3.374588 5.084513 8.459101 0.000000 973.772259
M-2 977.146828 3.374592 5.084511 8.459103 0.000000 973.772236
M-3 977.146828 3.374592 5.084511 8.459103 0.000000 973.772236
B-1 977.146849 3.374586 5.084516 8.459102 0.000000 973.772263
B-2 977.146802 3.374585 5.084514 8.459099 0.000000 973.772217
B-3 977.146918 3.374585 5.084505 8.459090 0.000000 973.772333
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 40,872.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,018.59
SUBSERVICER ADVANCES THIS MONTH 24,753.31
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,554,846.38
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 111,229.60
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 194,651,167.68
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,977
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 1,216,662.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.31282370 % 3.85389900 % 0.83327720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.28352410 % 3.87735626 % 0.83848600 %
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 7.47679732
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 165.71
POOL TRADING FACTOR: 92.92996911
................................................................................
Run: 11/29/99 08:52:08 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5(POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4372
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FL50 166,515,517.00 158,788,933.33 7.250000 % 940,400.38
CB-P 76110FL68 12,334,483.00 11,762,143.45 0.000000 % 69,659.29
NB-1 76110FL76 36,987,960.00 32,827,438.72 6.750000 % 980,184.09
NB-2 76110FL84 3,534,000.00 3,534,000.00 6.750000 % 0.00
NB-3 76110FL92 9,618,710.00 9,618,710.00 6.750000 % 0.00
NB-4 76110FM26 21,500,000.00 16,589,206.09 6.750000 % 1,156,914.25
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 247,017.59 0.000000 % 306.12
A-V 76110FM59 0.00 0.00 0.801122 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,579,091.24 6.750000 % 7,098.82
M-2 76110FM83 3,848,100.00 3,831,616.58 6.750000 % 2,839.51
M-3 76110FM91 3,256,100.00 3,242,152.43 6.750000 % 2,402.68
B-1 76110FN25 1,924,100.00 1,915,858.08 6.750000 % 1,419.79
B-2 76110FN33 888,100.00 884,295.81 6.750000 % 655.33
B-3 76110FN41 1,183,701.20 1,178,613.91 6.750000 % 880.92
- -------------------------------------------------------------------------------
296,006,355.96 278,545,407.23 3,162,761.18
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 959,198.81 1,899,599.19 0.00 0.00 157,848,532.95
CB-P 0.00 69,659.29 0.00 0.00 11,692,484.16
NB-1 184,637.15 1,164,821.24 0.00 0.00 31,847,254.63
NB-2 19,876.90 19,876.90 0.00 0.00 3,534,000.00
NB-3 54,100.20 54,100.20 0.00 0.00 9,618,710.00
NB-4 93,305.59 1,250,219.84 0.00 0.00 15,432,291.84
NB-5 138,060.26 138,060.26 0.00 0.00 24,546,330.00
A-P 0.00 306.12 0.00 0.00 246,711.47
A-V 185,932.28 185,932.28 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,874.19 60,973.01 0.00 0.00 9,571,992.42
M-2 21,549.56 24,389.07 0.00 0.00 3,828,777.07
M-3 18,234.33 20,637.01 0.00 0.00 3,239,749.75
B-1 10,775.06 12,194.85 0.00 0.00 1,914,438.29
B-2 4,973.40 5,628.73 0.00 0.00 883,640.48
B-3 6,628.69 7,509.61 0.00 0.00 1,177,732.99
- -------------------------------------------------------------------------------
1,751,146.42 4,913,907.60 0.00 0.00 275,382,646.05
===============================================================================
Run: 11/29/99 08:52:08
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5(POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4372
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 953.598416 5.647524 5.760417 11.407941 0.000000 947.950893
CB-P 953.598416 5.647524 0.000000 5.647524 0.000000 947.950892
NB-1 887.516876 26.500085 4.991818 31.491903 0.000000 861.016791
NB-2 1000.000000 0.000000 5.624477 5.624477 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624476 5.624476 0.000000 1000.000000
NB-4 771.590981 53.809965 4.339795 58.149760 0.000000 717.781016
NB-5 1000.000000 0.000000 5.624477 5.624477 0.000000 1000.000000
A-P 992.617501 1.230097 0.000000 1.230097 0.000000 991.387404
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-1 995.716479 0.737900 5.600053 6.337953 0.000000 994.978579
M-2 995.716478 0.737899 5.600052 6.337951 0.000000 994.978579
M-3 995.716480 0.737901 5.600052 6.337953 0.000000 994.978579
B-1 995.716480 0.737898 5.600052 6.337950 0.000000 994.978582
B-2 995.716485 0.737901 5.600045 6.337946 0.000000 994.978584
B-3 995.702218 0.737889 5.599969 6.337858 0.000000 994.958006
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:08 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 57,786.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,820.27
SUBSERVICER ADVANCES THIS MONTH 37,523.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 4,093,957.19
(B) TWO MONTHLY PAYMENTS: 5 714,919.70
(C) THREE OR MORE MONTHLY PAYMENTS: 3 476,291.27
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 275,382,646.05
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,010
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 2,956,276.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.58650830 % 5.97850800 % 1.42840910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.50685630 % 6.04268986 % 1.44503540 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.87032100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.93
POOL TRADING FACTOR: 93.03268004
................................................................................
Run: 11/29/99 08:52:08 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6(POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4376
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FN58 226,382,557.00 217,555,684.43 7.000000 % 2,078,869.99
CB-P 76110FN66 17,414,043.00 16,735,052.81 0.000000 % 159,913.08
NB-1 76110FN74 114,280,000.00 105,579,278.85 6.500000 % 1,330,503.89
NB-2 76110FN82 3,836,000.00 3,836,000.00 6.500000 % 0.00
NB-3 76110FN90 13,124,100.00 13,124,100.00 6.500000 % 0.00
A-P 76110FP23 47,335.68 47,105.69 0.000000 % 46.29
A-V 76110FP31 0.00 0.00 1.005178 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,825,223.81 6.500000 % 9,513.33
M-2 76110FP64 4,826,800.00 4,809,446.46 6.500000 % 3,567.49
M-3 76110FP72 4,223,400.00 4,208,215.84 6.500000 % 3,121.52
B-1 76110FP80 2,413,400.00 2,404,723.23 6.500000 % 1,783.74
B-2 76110FP98 1,206,800.00 1,202,461.26 6.500000 % 891.95
B-3 76110FQ22 1,608,966.42 1,603,174.78 6.500000 % 1,191.70
- -------------------------------------------------------------------------------
402,235,002.10 383,930,467.16 3,589,402.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,268,501.28 3,347,371.27 0.00 0.00 215,476,814.44
CB-P 0.00 159,913.08 0.00 0.00 16,575,139.73
NB-1 571,828.71 1,902,332.60 0.00 0.00 104,248,774.96
NB-2 20,776.18 20,776.18 0.00 0.00 3,836,000.00
NB-3 71,081.54 71,081.54 0.00 0.00 13,124,100.00
A-P 0.00 46.29 0.00 0.00 47,059.40
A-V 321,491.96 321,491.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,443.25 78,956.58 0.00 0.00 12,815,710.48
M-2 26,041.15 29,608.64 0.00 0.00 4,805,878.97
M-3 22,785.74 25,907.26 0.00 0.00 4,205,094.32
B-1 13,020.57 14,804.31 0.00 0.00 2,402,939.49
B-2 6,510.83 7,402.78 0.00 0.00 1,201,569.31
B-3 8,680.52 9,872.22 0.00 0.00 1,601,983.08
- -------------------------------------------------------------------------------
2,400,161.73 5,989,564.71 0.00 0.00 380,341,064.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 961.009043 9.182995 5.603353 14.786348 0.000000 951.826047
CB-P 961.009044 9.182996 0.000000 9.182996 0.000000 951.826048
NB-1 923.864883 11.642491 5.003751 16.646242 0.000000 912.222392
NB-2 1000.000000 0.000000 5.416105 5.416105 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416108 5.416108 0.000000 1000.000000
A-P 995.141297 0.977968 0.000000 0.977968 0.000000 994.163329
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.404755 0.739100 5.395117 6.134217 0.000000 995.665655
M-2 996.404753 0.739100 5.395117 6.134217 0.000000 995.665652
M-3 996.404754 0.739101 5.395118 6.134219 0.000000 995.665653
B-1 996.404753 0.739098 5.395115 6.134213 0.000000 995.665654
B-2 996.404756 0.739103 5.395119 6.134222 0.000000 995.665653
B-3 996.400397 0.739096 5.395091 6.134187 0.000000 995.659737
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:08 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS6 (POOL # 4376)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4376
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 79,570.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,258.65
SUBSERVICER ADVANCES THIS MONTH 70,967.20
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 7,536,958.68
(B) TWO MONTHLY PAYMENTS: 6 1,155,428.24
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,095,641.42
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 89,909.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 380,341,064.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,649
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 3,304,607.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.95274340 % 5.68928200 % 1.35711010 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.89150620 % 5.73871344 % 1.36907020 %
BANKRUPTCY AMOUNT AVAILABLE 150,055.00
FRAUD AMOUNT AVAILABLE 8,044,700.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,022,350.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.83193300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.23
POOL TRADING FACTOR: 94.55692871
................................................................................
Run: 11/29/99 08:51:42 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7(POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4380
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQ30 260,286,000.00 246,170,840.10 6.750000 % 1,949,069.27
A-2 76110FQ48 15,420,000.00 15,096,760.34 6.750000 % 81,955.90
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,573,239.66 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,488.08 0.000000 % 98.87
A-V 76110FQ97 0.00 0.00 0.868225 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,932,547.92 6.750000 % 9,373.12
M-2 76110FR39 4,206,600.00 4,194,776.47 6.750000 % 3,040.25
M-3 76110FR47 3,680,500.00 3,670,155.19 6.750000 % 2,660.02
B-1 76110FR54 2,103,100.00 2,097,188.80 6.750000 % 1,519.98
B-2 76110FR62 1,051,600.00 1,048,644.25 6.750000 % 760.03
B-3 76110FR70 1,402,095.46 1,398,154.57 6.750000 % 1,013.33
- -------------------------------------------------------------------------------
350,510,075.44 336,322,795.38 2,049,490.77
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,384,397.23 3,333,466.50 0.00 0.00 244,221,770.83
A-2 84,900.04 166,855.94 0.00 0.00 15,014,804.44
A-3 197,111.58 197,111.58 0.00 0.00 35,050,000.00
A-4 0.00 0.00 81,955.90 0.00 14,655,195.56
A-P 0.00 98.87 0.00 0.00 90,389.21
A-V 243,281.38 243,281.38 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,729.10 82,102.22 0.00 0.00 12,923,174.80
M-2 23,590.27 26,630.52 0.00 0.00 4,191,736.22
M-3 20,639.94 23,299.96 0.00 0.00 3,667,495.17
B-1 11,794.02 13,314.00 0.00 0.00 2,095,668.82
B-2 5,897.28 6,657.31 0.00 0.00 1,047,884.22
B-3 7,862.84 8,876.17 0.00 0.00 1,397,141.24
- -------------------------------------------------------------------------------
2,052,203.68 4,101,694.45 81,955.90 0.00 334,355,260.51
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 945.770576 7.488183 5.318754 12.806937 0.000000 938.282393
A-2 979.037636 5.314909 5.505839 10.820748 0.000000 973.722726
A-3 1000.000000 0.000000 5.623726 5.623726 0.000000 1000.000000
A-4 1022.683485 0.000000 0.000000 0.000000 5.751291 1028.434776
A-P 993.501316 1.085529 0.000000 1.085529 0.000000 992.415787
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-1 997.189291 0.722733 5.607919 6.330652 0.000000 996.466559
M-2 997.189291 0.722733 5.607919 6.330652 0.000000 996.466557
M-3 997.189292 0.722733 5.607917 6.330650 0.000000 996.466559
B-1 997.189292 0.722733 5.607922 6.330655 0.000000 996.466559
B-2 997.189283 0.722737 5.607912 6.330649 0.000000 996.466546
B-3 997.189286 0.722733 5.607921 6.330654 0.000000 996.466560
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7 (POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4380
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 70,009.33
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 18,203.99
SUBSERVICER ADVANCES THIS MONTH 36,135.67
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,011,650.58
(B) TWO MONTHLY PAYMENTS: 2 218,055.88
(C) THREE OR MORE MONTHLY PAYMENTS: 6 746,290.20
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 90,000.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 334,355,260.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,548
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 1,723,756.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.46310760 % 6.18545000 % 1.35144290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.42424120 % 6.21566598 % 1.35841200 %
BANKRUPTCY AMOUNT AVAILABLE 134,666.00
FRAUD AMOUNT AVAILABLE 7,010,202.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,505,101.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.94491406
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.03
POOL TRADING FACTOR: 95.39105548
................................................................................
Run: 11/29/99 08:51:43 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8(POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4381
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FR88 100,048,000.00 97,273,543.93 6.500000 % 711,567.57
A-P 76110FR96 122,858.97 120,975.09 0.000000 % 461.35
A-V 76110FS20 0.00 0.00 0.688999 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,530,878.91 6.500000 % 8,321.74
M-2 76110FS53 575,400.00 568,055.75 6.500000 % 1,867.82
M-3 76110FS61 470,800.00 464,790.85 6.500000 % 1,528.27
B-1 76110FS79 313,900.00 309,893.47 6.500000 % 1,018.96
B-2 76110FS87 261,600.00 258,261.01 6.500000 % 849.18
B-3 76110FS95 261,601.59 258,262.59 6.500000 % 849.20
- -------------------------------------------------------------------------------
104,617,860.56 101,784,661.60 726,464.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 526,631.74 1,238,199.31 0.00 0.00 96,561,976.36
A-P 0.00 461.35 0.00 0.00 120,513.74
A-V 58,411.74 58,411.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,701.99 22,023.73 0.00 0.00 2,522,557.17
M-2 3,075.41 4,943.23 0.00 0.00 566,187.93
M-3 2,516.35 4,044.62 0.00 0.00 463,262.58
B-1 1,677.74 2,696.70 0.00 0.00 308,874.51
B-2 1,398.20 2,247.38 0.00 0.00 257,411.83
B-3 1,398.21 2,247.41 0.00 0.00 257,413.39
- -------------------------------------------------------------------------------
608,811.38 1,335,275.47 0.00 0.00 101,058,197.51
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 972.268750 7.112262 5.263791 12.376053 0.000000 965.156489
A-P 984.666321 3.755119 0.000000 3.755119 0.000000 980.911203
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-1 987.236273 3.246115 5.344824 8.590939 0.000000 983.990158
M-2 987.236270 3.246124 5.344821 8.590945 0.000000 983.990146
M-3 987.236300 3.246113 5.344839 8.590952 0.000000 983.990187
B-1 987.236285 3.246129 5.344823 8.590952 0.000000 983.990156
B-2 987.236277 3.246101 5.344801 8.590902 0.000000 983.990176
B-3 987.236316 3.246119 5.344807 8.590926 0.000000 983.990158
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:43 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8 (POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4381
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,165.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,023.49
SUBSERVICER ADVANCES THIS MONTH 8,205.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 884,779.51
(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 101,058,197.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,004
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 391,754.24
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.68170040 % 3.50540700 % 0.81289310 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.66494170 % 3.51481401 % 0.81604780 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,046,179.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,387,236.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.50898700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 170.18
POOL TRADING FACTOR: 96.59746144
................................................................................
Run: 11/29/99 08:51:44 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9(POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4389
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FT29 165,986,000.00 160,609,238.03 7.000000 % 1,987,180.07
A-2 76110FT37 10,215,000.00 10,043,585.21 7.000000 % 57,854.04
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 9,921,414.79 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 35,758,867.40 7.000000 % 458,706.18
A-P 76110FT78 469,164.61 467,644.21 0.000000 % 525.35
A-V 76110FT86 0.00 0.00 0.765257 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,675,900.29 7.000000 % 7,476.11
M-2 76110FU35 3,250,000.00 3,243,286.22 7.000000 % 2,271.21
M-3 76110FU43 2,843,700.00 2,837,825.55 7.000000 % 1,987.27
B-1 76110FU50 1,624,500.00 1,621,144.14 7.000000 % 1,135.25
B-2 76110FU68 812,400.00 810,721.76 7.000000 % 567.73
B-3 76110FU76 1,083,312.85 1,081,074.95 7.000000 % 757.06
- -------------------------------------------------------------------------------
270,813,177.46 264,151,702.55 2,518,460.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 936,549.16 2,923,729.23 0.00 0.00 158,622,057.96
A-2 58,566.44 116,420.48 0.00 0.00 9,985,731.17
A-3 157,915.50 157,915.50 0.00 0.00 27,081,000.00
A-4 0.00 0.00 57,854.04 0.00 9,979,268.83
A-5 208,518.12 667,224.30 0.00 0.00 35,300,161.22
A-P 0.00 525.35 0.00 0.00 467,118.86
A-V 168,392.58 168,392.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,253.62 69,729.73 0.00 0.00 10,668,424.18
M-2 18,912.34 21,183.55 0.00 0.00 3,241,015.01
M-3 16,548.01 18,535.28 0.00 0.00 2,835,838.28
B-1 9,453.26 10,588.51 0.00 0.00 1,620,008.89
B-2 4,727.50 5,295.23 0.00 0.00 810,154.03
B-3 6,303.99 7,061.05 0.00 0.00 1,080,317.89
- -------------------------------------------------------------------------------
1,648,140.52 4,166,600.79 57,854.04 0.00 261,691,096.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 967.607136 11.971974 5.642338 17.614312 0.000000 955.635162
A-2 983.219306 5.663636 5.733376 11.397012 0.000000 977.555670
A-3 1000.000000 0.000000 5.831229 5.831229 0.000000 1000.000000
A-4 1017.581004 0.000000 0.000000 0.000000 5.933748 1023.514752
A-5 966.455876 12.397464 5.635625 18.033089 0.000000 954.058411
A-P 996.759346 1.119756 0.000000 1.119756 0.000000 995.639590
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-1 997.934220 0.698832 5.819183 6.518015 0.000000 997.235388
M-2 997.934222 0.698834 5.819182 6.518016 0.000000 997.235388
M-3 997.934223 0.698833 5.819183 6.518016 0.000000 997.235391
B-1 997.934220 0.698830 5.819181 6.518011 0.000000 997.235389
B-2 997.934220 0.698831 5.819178 6.518009 0.000000 997.235389
B-3 997.934207 0.698829 5.819178 6.518007 0.000000 997.235369
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:44 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9 (POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4389
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 54,686.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,177.37
SUBSERVICER ADVANCES THIS MONTH 33,229.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,648,675.55
(B) TWO MONTHLY PAYMENTS: 3 433,800.89
(C) THREE OR MORE MONTHLY PAYMENTS: 5 482,326.38
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 261,691,096.32
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 2,275,547.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.31278790 % 6.35495800 % 1.33225380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.24582730 % 6.39887169 % 1.34385860 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,416,264.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,708,132.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.07838149
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.53
POOL TRADING FACTOR: 96.63159628
................................................................................
Run: 11/29/99 08:51:45 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10(POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4390
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FV34 268,170,000.00 262,812,320.87 7.250000 % 4,591,518.83
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,559,009.24 7.250000 % 22,042.78
A-P 76110FV67 1,164,452.78 1,154,914.36 0.000000 % 1,107.12
A-V 76110FV75 0.00 0.00 0.665146 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,914,427.45 7.250000 % 9,420.21
M-2 76110FW25 4,232,700.00 4,227,118.53 7.250000 % 2,861.80
M-3 76110FW33 3,703,600.00 3,698,716.23 7.250000 % 2,504.07
B-1 76110FU84 2,116,400.00 2,113,609.20 7.250000 % 1,430.93
B-2 76110FU92 1,058,200.00 1,056,804.60 7.250000 % 715.47
B-3 76110FV26 1,410,899.63 1,409,039.15 7.250000 % 953.94
- -------------------------------------------------------------------------------
352,721,152.41 347,275,959.63 4,632,555.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,587,021.19 6,178,540.02 0.00 0.00 258,220,802.04
A-2 146,919.39 146,919.39 0.00 0.00 24,330,000.00
A-3 196,611.17 218,653.95 0.00 0.00 32,536,966.46
A-P 0.00 1,107.12 0.00 0.00 1,153,807.24
A-V 192,393.65 192,393.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 84,023.80 93,444.01 0.00 0.00 13,905,007.24
M-2 25,525.92 28,387.72 0.00 0.00 4,224,256.73
M-3 22,335.11 24,839.18 0.00 0.00 3,696,212.16
B-1 12,763.26 14,194.19 0.00 0.00 2,112,178.27
B-2 6,381.63 7,097.10 0.00 0.00 1,056,089.13
B-3 8,508.63 9,462.57 0.00 0.00 1,408,085.21
- -------------------------------------------------------------------------------
2,282,483.75 6,915,038.90 0.00 0.00 342,643,404.48
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 980.021333 17.121672 5.917967 23.039639 0.000000 962.899661
A-2 1000.000000 0.000000 6.038610 6.038610 0.000000 1000.000000
A-3 998.681346 0.676117 6.030648 6.706765 0.000000 998.005229
A-P 991.808667 0.950764 0.000000 0.950764 0.000000 990.857903
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-1 998.681345 0.676118 6.030647 6.706765 0.000000 998.005228
M-2 998.681345 0.676117 6.030647 6.706764 0.000000 998.005228
M-3 998.681345 0.676118 6.030649 6.706767 0.000000 998.005227
B-1 998.681346 0.676115 6.030646 6.706761 0.000000 998.005231
B-2 998.681346 0.676120 6.030646 6.706766 0.000000 998.005226
B-3 998.681352 0.676115 6.030642 6.706757 0.000000 998.005230
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:51:45 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10 (POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4390
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 72,904.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,259.03
SUBSERVICER ADVANCES THIS MONTH 53,549.24
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 44 6,838,725.26
(B) TWO MONTHLY PAYMENTS: 2 225,100.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 214,350.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 342,643,404.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,593
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 4,397,251.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.36691450 % 6.31000700 % 1.32307840 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.26862870 % 6.36973479 % 1.34011480 %
BANKRUPTCY AMOUNT AVAILABLE 144,124.00
FRAUD AMOUNT AVAILABLE 7,054,423.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,527,212.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.21083722
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.96
POOL TRADING FACTOR: 97.14285694
................................................................................
Run: 11/29/99 08:52:11 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11(POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4394
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FX73 131,664,000.00 131,436,395.17 7.500000 % 752,467.42
NB-1 76110FX81 57,150,000.00 56,604,474.02 7.500000 % 767,771.38
NB-2 76110FX99 3,983,000.00 3,983,000.00 7.500000 % 0.00
NB-3 76110FY23 7,400,000.00 7,400,000.00 7.500000 % 0.00
A-P 76110FY31 1,364,847.05 1,363,554.02 0.000000 % 1,339.03
A-V 76110FY49 0.00 0.00 0.638142 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 8,035,974.03 7.500000 % 5,137.40
M-2 76110FY72 2,608,000.00 2,606,369.89 7.500000 % 1,666.25
M-3 76110FY80 2,282,000.00 2,280,573.65 7.500000 % 1,457.97
B-1 76110FY98 1,304,000.00 1,303,184.94 7.500000 % 833.13
B-2 76110FZ22 652,000.00 651,592.47 7.500000 % 416.56
B-3 76110FZ30 869,417.87 868,874.19 7.500000 % 555.47
- -------------------------------------------------------------------------------
217,318,364.92 216,533,992.38 1,531,644.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 821,288.71 1,573,756.13 0.00 0.00 130,683,927.75
NB-1 353,740.47 1,121,511.85 0.00 0.00 55,836,702.64
NB-2 24,891.11 24,891.11 0.00 0.00 3,983,000.00
NB-3 46,245.10 46,245.10 0.00 0.00 7,400,000.00
A-P 0.00 1,339.03 0.00 0.00 1,362,214.99
A-V 115,128.04 115,128.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,214.57 55,351.97 0.00 0.00 8,030,836.63
M-2 16,286.48 17,952.73 0.00 0.00 2,604,703.64
M-3 14,250.67 15,708.64 0.00 0.00 2,279,115.68
B-1 8,143.24 8,976.37 0.00 0.00 1,302,351.81
B-2 4,071.62 4,488.18 0.00 0.00 651,175.91
B-3 5,429.35 5,984.82 0.00 0.00 868,318.69
- -------------------------------------------------------------------------------
1,459,689.36 2,991,333.97 0.00 0.00 215,002,347.74
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 998.271321 5.715058 6.237762 11.952820 0.000000 992.556263
NB-1 990.454489 13.434320 6.189685 19.624005 0.000000 977.020169
NB-2 1000.000000 0.000000 6.249337 6.249337 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.249338 6.249338 0.000000 1000.000000
A-P 999.052619 0.981086 0.000000 0.981086 0.000000 998.071533
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-1 999.374957 0.638901 6.244817 6.883718 0.000000 998.736057
M-2 999.374958 0.638900 6.244816 6.883716 0.000000 998.736058
M-3 999.374956 0.638900 6.244816 6.883716 0.000000 998.736056
B-1 999.374954 0.638903 6.244816 6.883719 0.000000 998.736051
B-2 999.374954 0.638896 6.244816 6.883712 0.000000 998.736058
B-3 999.374662 0.638899 6.244811 6.883710 0.000000 998.735731
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:11 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,931.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,100.26
SUBSERVICER ADVANCES THIS MONTH 52,153.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 6,744,420.34
(B) TWO MONTHLY PAYMENTS: 2 79,079.40
(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 215,002,347.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,591
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 1,393,002.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.68181570 % 5.96807800 % 1.30402230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.63410760 % 6.00675113 % 1.32084100 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 4,346,367.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,173,184.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.40878300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.06
POOL TRADING FACTOR: 98.93427452
................................................................................
Run: 11/29/99 08:52:11 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12(POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4395
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110FW41 74,644,000.00 74,175,136.91 7.000000 % 444,426.21
NB 76110FW58 25,183,000.00 24,610,645.45 7.000000 % 701,666.76
A-P 76110FW66 994,755.29 988,395.55 0.000000 % 4,509.10
A-V 76110FW74 0.00 0.00 0.539241 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,492,331.66 7.000000 % 10,745.81
M-2 76110FX24 531,000.00 529,382.85 7.000000 % 1,628.90
M-3 76110FX32 477,700.00 476,245.17 7.000000 % 1,465.39
B-1 76110FX40 318,400.00 317,430.32 7.000000 % 976.72
B-2 76110FX57 212,300.00 211,653.44 7.000000 % 651.25
B-3 76110FX65 265,344.67 264,536.44 7.000000 % 814.07
- -------------------------------------------------------------------------------
106,129,599.96 105,065,757.79 1,166,884.21
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 432,407.50 876,833.71 0.00 0.00 73,730,710.70
NB 143,492.77 845,159.53 0.00 0.00 23,908,978.69
A-P 0.00 4,509.10 0.00 0.00 983,886.45
A-V 47,184.43 47,184.43 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,358.56 31,104.37 0.00 0.00 3,481,585.85
M-2 3,086.04 4,714.94 0.00 0.00 527,753.95
M-3 2,776.28 4,241.67 0.00 0.00 474,779.78
B-1 1,850.46 2,827.18 0.00 0.00 316,453.60
B-2 1,233.84 1,885.09 0.00 0.00 211,002.19
B-3 1,542.12 2,356.19 0.00 0.00 263,722.37
- -------------------------------------------------------------------------------
653,932.00 1,820,816.21 0.00 0.00 103,898,873.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 993.718677 5.953944 5.792930 11.746874 0.000000 987.764733
NB 977.272186 27.862715 5.698001 33.560716 0.000000 949.409470
A-P 993.606729 4.532870 0.000000 4.532870 0.000000 989.073859
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.954513 3.067602 5.811750 8.879352 0.000000 993.886911
M-2 996.954520 3.067608 5.811751 8.879359 0.000000 993.886912
M-3 996.954511 3.067595 5.811765 8.879360 0.000000 993.886917
B-1 996.954523 3.067588 5.811746 8.879334 0.000000 993.886935
B-2 996.954498 3.067593 5.811776 8.879369 0.000000 993.886905
B-3 996.954037 3.067595 5.811762 8.879357 0.000000 993.886052
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:11 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,749.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,479.61
SUBSERVICER ADVANCES THIS MONTH 28,510.43
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,041,304.44
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 103,898,873.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 997
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 843,295.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.91572440 % 4.28109000 % 0.75535570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.87412100 % 4.31585004 % 0.76876870 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,122,592.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,878,734.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.78402100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 173.95
POOL TRADING FACTOR: 97.89811101
................................................................................
Run: 11/29/99 08:52:12 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13(POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4405
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FZ48 158,406,900.00 158,406,900.00 8.000000 % 482,939.06
CB-P 76110FZ55 5,109,900.00 5,109,900.00 0.000000 % 15,578.68
NB 76110FZ63 86,842,100.00 86,842,100.00 7.750000 % 565,226.23
A-P 76110FZ71 1,432,398.79 1,432,398.79 0.000000 % 7,003.58
A-V 76110FZ89 0.00 0.00 0.548261 % 0.00
R 76110FZ97 100.00 100.00 7.750000 % 100.00
M-1 76110F2A0 11,328,000.00 11,328,000.00 7.750000 % 7,005.70
M-2 76110F2B8 3,411,900.00 3,411,900.00 7.750000 % 2,110.06
M-3 76110F2C6 2,866,000.00 2,866,000.00 7.750000 % 1,772.45
B-1 76110F2D4 1,637,700.00 1,637,700.00 7.750000 % 1,012.82
B-2 76110F2E2 818,900.00 818,900.00 7.750000 % 506.44
B-3 76110F2F9 1,091,849.28 1,091,849.28 7.750000 % 675.43
- -------------------------------------------------------------------------------
272,945,748.07 272,945,748.07 1,083,930.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,055,692.83 1,538,631.89 0.00 0.00 157,923,960.94
CB-P 0.00 15,578.68 0.00 0.00 5,094,321.32
NB 560,821.86 1,126,048.09 0.00 0.00 86,276,873.77
A-P 0.00 7,003.58 0.00 0.00 1,425,395.21
A-V 124,674.72 124,674.72 0.00 0.00 0.00
R 0.65 100.65 0.00 0.00 0.00
M-1 73,141.18 80,146.88 0.00 0.00 11,320,994.30
M-2 22,029.52 24,139.58 0.00 0.00 3,409,789.94
M-3 18,504.82 20,277.27 0.00 0.00 2,864,227.55
B-1 10,574.09 11,586.91 0.00 0.00 1,636,687.18
B-2 5,287.37 5,793.81 0.00 0.00 818,393.56
B-3 7,049.72 7,725.15 0.00 0.00 1,091,173.85
- -------------------------------------------------------------------------------
1,877,776.76 2,961,707.21 0.00 0.00 271,861,817.62
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 1000.000000 3.048725 6.664437 9.713162 0.000000 996.951275
CB-P 1000.000000 3.048725 0.000000 3.048725 0.000000 996.951275
NB 1000.000000 6.508666 6.457949 12.966615 0.000000 993.491334
A-P 1000.000000 4.889406 0.000000 4.889406 0.000000 995.110594
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
M-1 1000.000000 0.618441 6.456672 7.075113 0.000000 999.381559
M-2 1000.000000 0.618441 6.456672 7.075113 0.000000 999.381559
M-3 1000.000000 0.618440 6.456671 7.075111 0.000000 999.381560
B-1 1000.000000 0.618440 6.456671 7.075111 0.000000 999.381560
B-2 1000.000000 0.618439 6.456674 7.075113 0.000000 999.381561
B-3 1000.000000 0.618437 6.456679 7.075116 0.000000 999.381389
_______________________________________________________________________________
DETERMINATION DATE 22-November-99
DISTRIBUTION DATE 26-November-99
Run: 11/29/99 08:52:12 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,767.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,919.70
SUBSERVICER ADVANCES THIS MONTH 25,716.19
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,304,911.83
(B) TWO MONTHLY PAYMENTS: 1 91,900.00
(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 271,861,817.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,108
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 914,913.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.20872590 % 6.48435900 % 1.30691520 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.18253730 % 6.47204228 % 1.31130810 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 5,458,915.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,729,457.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.57880900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.73
POOL TRADING FACTOR: 99.60287696
................................................................................
