Residential Accredit Loans, Inc.
Depositor
Residential Funding Corporation
Master Servicer
Mortgage Asset-Backed Pass-Through Certificates
Series 2000-QS12
Supplement dated October 26, 2000
to
prospectus supplement dated October 24, 2000
to
prospectus dated September 22, 2000
----------
Capitalized terms used in this supplement are defined in the prospectus
supplement dated October 24, 2000, to which this supplement is attached.
The Prospectus Supplement is hereby revised as follows: The second
sentence of the sixth paragraph under "Description of the Certificates -
Interest Distributions" is replaced by the following:
The Interest Accrual Period for the Adjustable Rate Certificates for any
Distribution Date is the period beginning on the 25th calendar day of the month
preceding the month in which such Distribution Date occurs and ending on the
24th day of the month in which such Distribution Date occurs.
This supplement may be used to offer or sell the certificates offered
hereby only if accompanied by the prospectus supplement and prospectus.
Dealers will be required to deliver a supplement, prospectus supplement
and prospectus when acting as underwriters of the certificates offered hereby
and with respect to their unsold allotments or subscriptions. In addition, all
dealers selling the Class A and Class M Certificates, whether or not
participating in this offering, may be required to deliver a supplement,
prospectus supplement and prospectus until January 26, 2001.
PaineWebber Incorporated
October 26, 2000
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