RESIDENTIAL ACCREDIT LOANS INC
8-K, EX-1, 2000-10-10
ASSET-BACKED SECURITIES
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Run:        09/25/00     08:21:49                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL #  4180)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4180
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110FAA1    54,500,000.00           0.00     6.600000  %          0.00
A-2     76110FAB9    82,500,000.00           0.00     6.900000  %          0.00
A-3     76110FAC7    22,250,000.00           0.00     7.300000  %          0.00
A-4     76110FAD5    46,000,000.00  11,416,035.32     7.500000  %  1,939,750.92
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   1,205,331.59     0.000000  %     20,384.99

-------------------------------------------------------------------------------
                  258,459,514.42    65,830,366.91                  1,960,135.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00            0.00       0.00              0.00
A-2             0.00          0.00            0.00       0.00              0.00
A-3             0.00          0.00            0.00       0.00              0.00
A-4        71,350.22  2,011,101.14            0.00       0.00      9,476,284.40
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          73,178.20     93,563.19            0.00       0.00      1,184,946.60

-------------------------------------------------------------------------------
          477,084.67  2,437,220.58            0.00       0.00     63,870,231.00
===============================================================================
_______________________________________________________________________________



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     248.174681   42.168498     1.551092    43.719590   0.000000  206.006183
A-5    1000.000000    0.000000     6.250000     6.250000   0.000000 1000.000000
A-6    1000.000000    0.000000     6.250000     6.250000   0.000000 1000.000000
R      ****.****** ****.****** *****.****** *****.******   0.000000 ****.******

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:21:49                                        rept2.frg
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                       13,447.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       329.16

SUBSERVICER ADVANCES THIS MONTH                                       31,033.49
MASTER SERVICER ADVANCES THIS MONTH                                    1,331.72


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    32   1,588,136.42

 (B)  TWO MONTHLY PAYMENTS:                                    6     489,244.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     460,129.80


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        733,648.81

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,870,231.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          851

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                 125,062.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,853,167.65

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          98.16903410 %     1.83096590 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.14475920 %     1.85524080 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.30279458
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              262.52

POOL TRADING FACTOR:                                                24.71189004

 ................................................................................


Run:        09/25/00     08:22:37                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL #  4194)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   4194
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-I-1   76110FAG8    52,015,000.00           0.00     6.000000  %          0.00
A-I-2   76110FAH6    67,186,000.00           0.00     6.250000  %          0.00
A-I-3   76110FAJ2    22,562,000.00           0.00     6.750000  %          0.00
A-I-4   76110FAK9    31,852,000.00   4,142,598.82     6.900000  %    877,911.64
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   6,202,616.94     6.477397  %    185,047.73
R                             0.53   1,257,145.62     0.000000  %      5,763.51

-------------------------------------------------------------------------------
                  255,942,104.53    64,554,497.38                  1,068,722.88
===============================================================================
_______________________________________________________________________________
                                                                      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      23,819.94    901,731.58            0.00       0.00      3,264,687.18
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       35,859.09    220,906.82            0.00       0.00      6,017,569.21
R          71,647.95     77,411.46            0.00       0.00      1,251,382.11

-------------------------------------------------------------------------------
          439,656.98  1,508,379.86            0.00       0.00     63,485,774.50
===============================================================================
_______________________________________________________________________________



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   130.057730   27.562214     0.747832    28.310046   0.000000  102.495516
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    211.153147    6.299504     1.220736     7.520240   0.000000  204.853643

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:37                                        rept2.frg
Page:      2 of 2
               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                       13,686.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,553.30

SUBSERVICER ADVANCES THIS MONTH                                       42,709.17
MASTER SERVICER ADVANCES THIS MONTH                                    6,771.56


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    19   2,324,431.68

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,084,505.49

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     817,706.82


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        985,937.30

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,485,774.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          684

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                 835,885.86

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      774,068.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          98.05258240 %     1.94741760 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             98.02887790 %     1.97112210 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              735,270.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,217,590.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.03312000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              274.32

POOL TRADING FACTOR:                                                24.80474036


Run:     09/25/00     08:22:37                                        rept2.frg
Page:      2 of 2
               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                       11,932.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,410.18

SUBSERVICER ADVANCES THIS MONTH                                       39,636.23
MASTER SERVICER ADVANCES THIS MONTH                                    2,159.65


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   2,205,240.93

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,084,505.49

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7     685,744.85


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        861,888.10

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,027,580.76

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          631

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                 229,715.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      594,683.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     1.40995230 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION              0.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              735,270.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,217,590.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.98942439
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              271.62

POOL TRADING FACTOR:                                                25.17027921


Run:     09/25/00     08:22:37                                        rept2.frg
Page:      2 of 2
               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                        1,754.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       143.12

SUBSERVICER ADVANCES THIS MONTH                                        3,072.94
MASTER SERVICER ADVANCES THIS MONTH                                    4,611.91


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     119,190.75

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     131,961.97


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        124,049.20

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       6,458,193.74

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           53

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                 606,170.76

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      179,384.99

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION           0.00000000 %     6.63267370 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION              0.00000000 %     0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              735,270.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,217,590.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.41896771
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              298.17

POOL TRADING FACTOR:                                                21.98536401

 ................................................................................


Run:        09/25/00     08:21:56                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
        MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL #  4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4201
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110FAS2    40,000,000.00           0.00     6.400000  %          0.00
A-2     76110FAT0    16,000,000.00           0.00     7.000000  %          0.00
A-3     76110FAU7    28,500,000.00           0.00     7.050000  %          0.00
A-4     76110FAV5    15,000,000.00           0.00     7.050000  %          0.00
A-5     76110FAW3    14,000,000.00           0.00     7.350000  %          0.00
A-6     76110FAX1    10,000,000.00   2,614,784.04     7.450000  %  1,641,723.13
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      90,183.79     0.000000  %        141.16
R                             0.00   1,819,114.18     0.000000  %          0.00

-------------------------------------------------------------------------------
                  181,911,418.00    62,757,493.01                  1,641,864.29
===============================================================================
_______________________________________________________________________________
                                                                      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        16,233.45  1,657,956.58            0.00       0.00        973,060.91
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        141.16            0.00       0.00         90,042.63
R          63,559.22     63,559.22            0.00       0.00      1,819,114.18

-------------------------------------------------------------------------------
          438,334.82  2,080,199.11            0.00       0.00     61,115,628.72
===============================================================================
_______________________________________________________________________________



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     261.478404  164.172313     1.623345   165.795658   0.000000   97.306091
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    506.630582    0.793003     0.000000     0.793003   0.000000  505.837579

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:21:56                                        rept2.frg
Page:      2 of 2
               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                       12,929.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       860.08

SUBSERVICER ADVANCES THIS MONTH                                       30,691.17
MASTER SERVICER ADVANCES THIS MONTH                                    1,908.36


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   2,280,440.31

 (B)  TWO MONTHLY PAYMENTS:                                    4     190,371.88

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     769,969.06


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                        619,311.15

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,115,628.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          704

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                 229,268.78

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,557,246.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          97.10135940 %     2.89864060 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             97.02348770 %     2.97651230 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.80737420
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              278.84

POOL TRADING FACTOR:                                                33.59636761

 ................................................................................


Run:        09/25/00     08:22:37                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL #  4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4211
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-I-1   76110FBC6    42,855,000.00           0.00     6.780000  %          0.00
A-I-2   76110FBD4    26,000,000.00           0.00     7.150000  %          0.00
A-I-3   76110FBE2    10,596,000.00           0.00     7.290000  %          0.00
A-I-4   76110FBF9    25,000,000.00           0.00     7.250000  %          0.00
A-I-5   76110FBG7    18,587,000.00           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           0.00     7.750000  %          0.00
A-I-8   76110FBK8    17,436,000.00   4,171,125.41     7.750000  %  1,026,072.16
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   6,685,270.23     7.750000  %    153,832.30
A-P     76110FBQ5     1,166,695.86     669,535.24     0.000000  %      8,110.45
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  11,774,754.93     7.750000  %     15,761.51
M-2     76110FBU6     5,568,000.00   5,233,015.51     7.750000  %      7,004.84
M-3     76110FBV4     4,176,000.00   3,924,761.68     7.750000  %      5,253.63
B-1                   1,809,600.00   1,700,730.03     7.750000  %      2,276.57
B-2                     696,000.00     654,126.92     7.750000  %        875.60
B-3                   1,670,738.96   1,230,126.29     7.750000  %          0.00
A-V     76110FHY2             0.00           0.00     0.672763  %          0.00
STRIP                         0.00           0.00     0.000000  %          0.00

-------------------------------------------------------------------------------
                  278,404,734.82    96,064,008.24                  1,219,187.06
===============================================================================
_______________________________________________________________________________
                                                                      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      26,921.34  1,052,993.50            0.00       0.00      3,145,053.25
A-I-9     162,291.23    162,291.23            0.00       0.00     25,145,000.00
A-I-10    122,630.08    122,630.08            0.00       0.00     19,000,000.00
A-I-11    102,464.29    102,464.29            0.00       0.00     15,875,562.00
A-II       43,148.17    196,980.47            0.00       0.00      6,531,437.93
A-P             0.00      8,110.45            0.00       0.00        661,424.79
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        75,996.80     91,758.31            0.00       0.00     11,758,993.42
M-2        33,775.01     40,779.85            0.00       0.00      5,226,010.67
M-3        25,331.26     30,584.89            0.00       0.00      3,919,508.05
B-1        10,976.88     13,253.45            0.00       0.00      1,698,453.46
B-2         4,221.88      5,097.48            0.00       0.00        653,251.32
B-3         6,749.76      6,749.76            0.00       0.00      1,204,085.33
A-V        53,822.57     53,822.57            0.00       0.00              0.00
STRIP           0.00          0.00            0.00       0.00              0.00

-------------------------------------------------------------------------------
          668,329.27  1,887,516.33            0.00       0.00     94,818,780.22
===============================================================================



































Run:        09/25/00     08:22:37
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     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-I-8   239.224903   58.847910     1.544009    60.391919   0.000000  180.376993
A-I-9  1000.000000    0.000000     6.454215     6.454215   0.000000 1000.000000
A-I-10 1000.000000    0.000000     6.454215     6.454215   0.000000 1000.000000
A-I-11 1000.000000    0.000000     6.454215     6.454215   0.000000 1000.000000
A-II    325.294523    7.485233     2.099521     9.584754   0.000000  317.809291
A-P     573.872989    6.951640     0.000000     6.951640   0.000000  566.921349
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     939.837565    1.258052     6.065914     7.323966   0.000000  938.579512
M-2     939.837556    1.258053     6.065914     7.323967   0.000000  938.579503
M-3     939.837567    1.258053     6.065915     7.323968   0.000000  938.579514
B-1     939.837550    1.258052     6.065915     7.323967   0.000000  938.579498
B-2     939.837529    1.258046     6.065920     7.323966   0.000000  938.579483
B-3     736.276773    0.000000     4.039985     4.039985   0.000000  720.690280
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
STRIP     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:37                                        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                       19,930.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,155.27

SUBSERVICER ADVANCES THIS MONTH                                       37,121.01
MASTER SERVICER ADVANCES THIS MONTH                                    2,270.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   2,790,551.32

 (B)  TWO MONTHLY PAYMENTS:                                    4     765,316.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     426,893.48


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                        619,949.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      94,818,780.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,045

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 279,763.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,058,358.93

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         74.29880940 %    21.79019200 %    3.73186930 %
PREPAYMENT PERCENT           89.51977360 %     0.00000000 %   10.48022640 %
NEXT DISTRIBUTION            74.02188910 %    22.04680559 %    3.77643370 %

      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                          8.69981600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              278.41

POOL TRADING FACTOR:                                                34.05789068


Run:     09/25/00     08:22:37                                        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                       18,142.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,135.35

SUBSERVICER ADVANCES THIS MONTH                                       36,510.98
MASTER SERVICER ADVANCES THIS MONTH                                    2,270.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   2,738,650.72

 (B)  TWO MONTHLY PAYMENTS:                                    4     765,316.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     426,893.48


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                        619,949.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      86,351,156.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          951

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       3

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 279,763.97

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      937,840.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         73.84343150 %     0.00000000 %    0.00000000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            73.57169000 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                            1,229,929.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,920,033.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.74698275
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              293.90

POOL TRADING FACTOR:                                                33.82238424


Run:     09/25/00     08:22:37                                        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                        1,787.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        19.92

SUBSERVICER ADVANCES THIS MONTH                                          610.03
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      51,900.60

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       8,467,623.24

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           94

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                      120,517.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.97524080 %     0.00000000 %    0.00000000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.67799550 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                            1,229,929.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,920,033.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.21881746
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.42

POOL TRADING FACTOR:                                                36.66111031

 ................................................................................


Run:        09/25/00     08:22:38                                    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           0.00     8.000000  %          0.00
A-I-7   76110FCC5    18,046,000.00  10,224,539.49     8.000000  %  1,446,296.48
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           0.00     7.250000  %          0.00
A-II-2  76110FCH4     8,580,000.00   6,880,740.17     7.650000  %    207,353.23
A-P     76110FCJ0     3,039,637.99   1,525,413.48     0.000000  %     13,527.86
A-V-1                         0.00           0.00     0.914080  %          0.00
A-V-2                         0.00           0.00     0.356251  %          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  12,424,836.08     8.000000  %     17,960.99
M-2     76110FCN1     5,570,800.00   5,231,569.23     8.000000  %      7,562.61
M-3     76110FCP6     4,456,600.00   4,185,217.83     8.000000  %      6,050.03
B-1     76110FCR2     2,228,400.00   2,092,702.84     8.000000  %      3,025.15
B-2     76110FCS0       696,400.00     656,177.71     8.000000  %        948.55
B-3     76110FCT8     1,671,255.97     672,642.64     8.000000  %        822.37
STRIP                         0.00           0.00     0.149978  %          0.00

-------------------------------------------------------------------------------
                  278,535,793.96    90,809,839.47                  1,703,547.27
===============================================================================
_______________________________________________________________________________
                                                                      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      68,039.78  1,514,336.26            0.00       0.00      8,778,243.01
A-I-8      60,516.54     60,516.54            0.00       0.00      9,094,000.00
A-I-9      68,435.46     68,435.46            0.00       0.00     10,284,000.00
A-I-10    180,962.51    180,962.51            0.00       0.00     27,538,000.00
A-II-1          0.00          0.00            0.00       0.00              0.00
A-II-2     43,785.04    251,138.27            0.00       0.00      6,673,386.94
A-P             0.00     13,527.86            0.00       0.00      1,511,885.62
A-V-1      46,269.65     46,269.65            0.00       0.00              0.00
A-V-2       8,877.27      8,877.27            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        82,681.77    100,642.76            0.00       0.00     12,406,875.09
M-2        34,813.78     42,376.39            0.00       0.00      5,224,006.62
M-3        27,850.77     33,900.80            0.00       0.00      4,179,167.80
B-1        13,926.01     16,951.16            0.00       0.00      2,089,677.69
B-2         4,366.57      5,315.12            0.00       0.00        655,229.16
B-3         4,476.13      5,298.50            0.00       0.00        671,670.29
STRIP       4,293.90      4,293.90            0.00       0.00              0.00

-------------------------------------------------------------------------------
          649,295.18  2,352,842.45            0.00       0.00     89,106,142.22
===============================================================================

































Run:        09/25/00     08:22:38
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     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-I-7   566.582040   80.144989     3.770352    83.915341   0.000000  486.437050
A-I-8  1000.000000    0.000000     6.654557     6.654557   0.000000 1000.000000
A-I-9  1000.000000    0.000000     6.654557     6.654557   0.000000 1000.000000
A-I-10 1000.000000    0.000000     6.571374     6.571374   0.000000 1000.000000
A-II-1    0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-II-2  801.951069   24.167043     5.103152    29.270195   0.000000  777.784026
A-P     501.840510    4.450485     0.000000     4.450485   0.000000  497.390025
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     939.105558    1.357544     6.249331     7.606875   0.000000  937.748013
M-2     939.105556    1.357545     6.249332     7.606877   0.000000  937.748011
M-3     939.105558    1.357544     6.249331     7.606875   0.000000  937.748014
B-1     939.105565    1.357544     6.249331     7.606875   0.000000  937.748021
B-2     942.242547    1.362076     6.270204     7.632280   0.000000  940.880471
B-3     402.477330    0.492067     2.678303     3.170370   0.000000  401.895525
STRIP     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:38                                        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                       18,819.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,729.56

SUBSERVICER ADVANCES THIS MONTH                                       27,492.36
MASTER SERVICER ADVANCES THIS MONTH                                    2,527.67


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   2,090,583.29

 (B)  TWO MONTHLY PAYMENTS:                                    3     313,664.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     205,509.95


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        632,579.99

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      89,106,142.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,081

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                 202,488.81

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,567,154.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         71.70486780 %    24.05204500 %    3.76778910 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            71.20059280 %    24.47648273 %    3.90045790 %

      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                          8.91667400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              273.53

POOL TRADING FACTOR:                                                31.99091253


Run:     09/25/00     08:22:38                                        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                       16,926.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,729.56

SUBSERVICER ADVANCES THIS MONTH                                       26,170.73
MASTER SERVICER ADVANCES THIS MONTH                                    1,046.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    15   1,980,879.23

 (B)  TWO MONTHLY PAYMENTS:                                    3     313,664.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     205,509.95


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        632,579.99

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      80,066,314.10

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          884

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                 121,597.39

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,396,144.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION          0.00000000 %     0.00000000 %    3.76997340 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     0.00000000 %    3.83427790 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.92812542
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              290.82

POOL TRADING FACTOR:                                                31.92508639


Run:     09/25/00     08:22:38                                        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                        1,892.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                        1,321.63
MASTER SERVICER ADVANCES THIS MONTH                                    1,481.38


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     109,704.06

 (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                                                       9,039,828.12

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          197

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                  80,891.42

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      171,009.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION          0.00000000 %     0.00000000 %    3.74855180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION             0.00000000 %     0.00000000 %    3.83427790 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.81524451
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              120.42

POOL TRADING FACTOR:                                                32.58600870

 ................................................................................


Run:        09/25/00     08:21:59                                    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  37,866,377.90     6.980000  %    856,282.85
R                       973,833.13   2,253,764.61     0.000000  %          0.00

-------------------------------------------------------------------------------
                  139,119,013.13    40,120,142.51                    856,282.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A         227,503.90  1,083,786.75            0.00       0.00     37,010,095.05
R               0.00          0.00       22,525.72       0.00      2,276,290.33

-------------------------------------------------------------------------------
          227,503.90  1,083,786.75       22,525.72       0.00     39,286,385.38
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       274.105676    6.198427     1.646846     7.845273   0.000000  267.907248

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:21:59                                        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                       12,242.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       128.92

SUBSERVICER ADVANCES THIS MONTH                                       14,775.29
MASTER SERVICER ADVANCES THIS MONTH                                    2,092.79


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9     741,629.88

 (B)  TWO MONTHLY PAYMENTS:                                    2     207,275.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     107,189.69


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        608,123.68

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      39,286,385.38

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          547

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                 270,663.14

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      678,508.27

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION          94.38246110 %     5.61753890 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION             94.20590540 %     5.79409460 %

      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                          8.34552943
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              232.27

POOL TRADING FACTOR:                                                28.23940775

 ................................................................................


Run:        09/25/00     08:22:38                                    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           0.00     8.000000  %          0.00
A-I-8   76110FDB6     6,884,000.00   1,726,910.61     8.000000  %  1,122,120.36
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           0.00     8.000000  %          0.00
A-II-2  76110FDF7     4,525,000.00   4,514,957.36     8.000000  %     95,893.95
A-P     76110FDG5     1,105,878.69     625,339.40     0.000000  %     33,014.67
A-V-1   796QS5AV1             0.00           0.00     1.018020  %          0.00
A-V-2   796QS5AV2             0.00           0.00     0.396160  %          0.00
R       76110FDH3           100.00           0.00     8.000000  %          0.00
M-1     76110FDJ9     7,918,500.00   7,310,077.21     8.000000  %     12,227.25
M-2     76110FDK6     3,958,800.00   3,658,897.80     8.000000  %      6,120.08
M-3     76110FDL4     2,815,100.00   2,605,006.36     8.000000  %      4,357.28
B-1     76110FDM2     1,407,600.00   1,315,138.93     8.000000  %      2,199.78
B-2     76110FDN0       439,800.00     415,346.47     8.000000  %        694.73
B-3     76110FDP5     1,055,748.52     572,166.26     8.000000  %        957.04

-------------------------------------------------------------------------------
                  175,944,527.21    56,473,840.40                  1,277,585.14
===============================================================================
_______________________________________________________________________________
                                                                      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           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      11,509.44  1,133,629.80            0.00       0.00        604,790.25
A-I-9      74,838.56     74,838.56            0.00       0.00     11,229,000.00
A-I-10    149,963.71    149,963.71            0.00       0.00     22,501,000.00
A-II-1          0.00          0.00            0.00       0.00              0.00
A-II-2     30,091.10    125,985.05            0.00       0.00      4,419,063.41
A-P             0.00     33,014.67            0.00       0.00        592,324.73
A-V-1      34,545.73     34,545.73            0.00       0.00              0.00
A-V-2       5,195.18      5,195.18            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        48,719.89     60,947.14            0.00       0.00      7,297,849.96
M-2        24,385.66     30,505.74            0.00       0.00      3,652,777.72
M-3        17,361.74     21,719.02            0.00       0.00      2,600,649.08
B-1         8,765.08     10,964.86            0.00       0.00      1,312,939.15
B-2         2,768.19      3,462.92            0.00       0.00        414,651.74
B-3         3,813.35      4,770.39            0.00       0.00        548,201.11

-------------------------------------------------------------------------------
          411,957.63  1,689,542.77            0.00       0.00     55,173,247.15
===============================================================================





































Run:        09/25/00     08:22:38
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     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-I-8   250.858601  163.004120     1.671912   164.676032   0.000000   87.854481
A-I-9  1000.000000    0.000000     6.664757     6.664757   0.000000 1000.000000
A-I-10 1000.000000    0.000000     6.664758     6.664758   0.000000 1000.000000
A-II-1    0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-II-2  997.780632   21.192033     6.649967    27.842000   0.000000  976.588599
A-P     565.468352   29.853787     0.000000    29.853787   0.000000  535.614564
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     923.164388    1.544137     6.152667     7.696804   0.000000  921.620251
M-2     924.244165    1.545943     6.159862     7.705805   0.000000  922.698222
M-3     925.369031    1.547824     6.167362     7.715186   0.000000  923.821207
B-1     934.312965    1.562788     6.226968     7.789756   0.000000  932.750178
B-2     944.398522    1.579650     6.294202     7.873852   0.000000  942.818872
B-3     541.953173    0.906504     3.611987     4.518491   0.000000  519.253493

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:38                                        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                       11,602.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        49.16

SUBSERVICER ADVANCES THIS MONTH                                       22,405.19
MASTER SERVICER ADVANCES THIS MONTH                                      944.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   1,233,225.41

 (B)  TWO MONTHLY PAYMENTS:                                    2     276,434.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     218,063.88


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        998,897.24

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      55,173,247.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          672

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                 115,176.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,139,993.98

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         71.57196210 %    24.03587400 %    4.07737750 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            71.00256270 %    24.56131814 %    4.16957410 %

      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                          9.08369100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              277.20

POOL TRADING FACTOR:                                                31.35831959


Run:     09/25/00     08:22:38                                        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                       10,360.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       22,131.58
MASTER SERVICER ADVANCES THIS MONTH                                      944.81


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   1,210,108.56

 (B)  TWO MONTHLY PAYMENTS:                                    2     276,434.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     218,063.88


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        998,897.24

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      49,263,776.63

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          572

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                 115,176.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,066,865.92

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         71.11193080 %     0.00000000 %    4.07805680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            70.50778390 %     0.00000000 %    4.21505290 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.10366873
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              295.51

POOL TRADING FACTOR:                                                31.09253754


Run:     09/25/00     08:22:38                                        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                        1,241.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        49.16

SUBSERVICER ADVANCES THIS MONTH                                          273.61
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1      23,116.85

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       5,909,470.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          100

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                       73,128.06

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         75.40271710 %     0.00000000 %    4.07805680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.09711590 %     0.00000000 %    4.18421760 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.91714699
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              124.53

POOL TRADING FACTOR:                                                33.76438518

 ................................................................................


Run:        09/25/00     08:22:38                                    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           0.00     8.000000  %          0.00
A-I-10  76110FDZ3    11,650,000.00   6,242,540.72     8.000000  %    846,236.72
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   7,043,748.50     8.000000  %    191,382.36
A-P     76110FED1       601,147.92     273,119.33     0.000000  %        549.29
A-V-1   796QS7AV1             0.00           0.00     0.878538  %          0.00
A-V-2   796QS7AV2             0.00           0.00     0.446560  %          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   8,548,097.65     8.000000  %     11,395.25
M-2     76110FEH2     5,126,400.00   4,807,777.39     8.000000  %      6,409.12
M-3     76110FEJ8     3,645,500.00   3,418,920.18     8.000000  %      4,557.67
B-1                   1,822,700.00   1,709,413.22     8.000000  %      2,278.77
B-2                     569,600.00     534,197.54     8.000000  %        712.12
B-3                   1,366,716.75     881,258.80     8.000000  %      1,174.78

-------------------------------------------------------------------------------
                  227,839,864.67    72,499,073.33                  1,064,696.08
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I-1           0.00          0.00            0.00       0.00              0.00
A-I-2           0.00          0.00            0.00       0.00              0.00
A-I-3           0.00          0.00            0.00       0.00              0.00
A-I-4           0.00          0.00            0.00       0.00              0.00
A-I-5           0.00          0.00            0.00       0.00              0.00
A-I-6           0.00          0.00            0.00       0.00              0.00
A-I-7           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           0.00          0.00            0.00       0.00              0.00
A-I-10     41,596.36    887,833.08            0.00       0.00      5,396,304.00
A-I-11    202,706.39    202,706.39            0.00       0.00     30,421,000.00
A-I-12     57,431.59     57,431.59            0.00       0.00      8,619,000.00
A-II       46,935.10    238,317.46            0.00       0.00      6,852,366.14
A-P             0.00        549.29            0.00       0.00        272,570.04
A-V-1      41,378.76     41,378.76            0.00       0.00              0.00
A-V-2       5,933.21      5,933.21            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        56,959.14     68,354.39            0.00       0.00      8,536,702.40
M-2        32,036.00     38,445.12            0.00       0.00      4,801,368.27
M-3        22,781.53     27,339.20            0.00       0.00      3,414,362.51
B-1        11,390.46     13,669.23            0.00       0.00      1,707,134.45
B-2         3,559.56      4,271.68            0.00       0.00        533,485.42
B-3         5,872.16      7,046.94            0.00       0.00        862,795.65

-------------------------------------------------------------------------------
          528,580.26  1,593,276.34            0.00       0.00     71,417,088.88
===============================================================================

































Run:        09/25/00     08:22:38
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     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-I-10  535.840405   72.638345     3.570503    76.208848   0.000000  463.202060
A-I-11 1000.000000    0.000000     6.663370     6.663370   0.000000 1000.000000
A-I-12 1000.000000    0.000000     6.663370     6.663370   0.000000 1000.000000
A-II    350.365524    9.519616     2.334615    11.854231   0.000000  340.845908
A-P     454.329660    0.913736     0.000000     0.913736   0.000000  453.415924
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     937.846713    1.250219     6.249220     7.499439   0.000000  936.596494
M-2     937.846713    1.250218     6.249220     7.499438   0.000000  936.596495
M-3     937.846710    1.250218     6.249220     7.499438   0.000000  936.596492
B-1     937.846722    1.250217     6.249224     7.499441   0.000000  936.596505
B-2     937.846805    1.250211     6.249228     7.499439   0.000000  936.596594
B-3     644.799883    0.859564     4.296545     5.156109   0.000000  631.290756

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:38                                        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                       14,971.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,516.99

SUBSERVICER ADVANCES THIS MONTH                                       47,271.75
MASTER SERVICER ADVANCES THIS MONTH                                      848.48


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   3,320,843.61

 (B)  TWO MONTHLY PAYMENTS:                                    6     574,589.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     847,650.61


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        598,942.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      71,417,088.88

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          846

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                  86,186.75

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      940,247.29

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         72.44804160 %    23.13794400 %    4.31022000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            72.09082440 %    23.45717733 %    4.36212880 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              862,242.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,622,499.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.08305200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              276.64

POOL TRADING FACTOR:                                                31.34529990


Run:     09/25/00     08:22:38                                        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                       13,139.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,075.82

SUBSERVICER ADVANCES THIS MONTH                                       37,107.45
MASTER SERVICER ADVANCES THIS MONTH                                      512.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   3,046,560.43

 (B)  TWO MONTHLY PAYMENTS:                                    5     447,254.67

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     411,343.47


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        598,942.18

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      62,759,015.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          712

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                  59,250.10

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      785,063.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         71.42311800 %     0.00000000 %  ***.******** %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            71.07590840 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.11944392
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.85

POOL TRADING FACTOR:                                                30.54351149


Run:     09/25/00     08:22:38                                        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                        1,832.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       441.17

SUBSERVICER ADVANCES THIS MONTH                                       10,164.30
MASTER SERVICER ADVANCES THIS MONTH                                      335.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     274,283.18

 (B)  TWO MONTHLY PAYMENTS:                                    1     127,335.27

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     436,307.14


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       8,658,073.06

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          134

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                  26,936.65

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      155,183.72

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.81081990 %     0.00000000 %  ***.******** %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.44757490 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.81926113
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              122.91

POOL TRADING FACTOR:                                                38.71133614

 ................................................................................


Run:        09/25/00     08:22:01                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-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           0.00     7.400000  %          0.00
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           0.00     7.300000  %          0.00
A-5     76110FEP4    10,500,000.00           0.00     7.400000  %          0.00
A-6     76110FEQ2     2,600,500.00           0.00     7.400000  %          0.00
A-7     76110FER0    31,579,563.00   1,142,025.07     7.120000  %    121,041.81
A-8     76110FES8             0.00           0.00     1.880000  %          0.00
A-9     76110FET6    32,965,000.00           0.00     0.000000  %          0.00
A-10    76110FEU3    20,953,719.00   4,078,655.46     7.400000  %    432,292.18
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      49,324.43     0.000000  %         77.24
A-15-1  96QS8A151             0.00           0.00     0.968919  %          0.00
A-15-2  96QS8A152             0.00           0.00     0.514465  %          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   6,271,189.26     7.750000  %      6,310.61
M-2     76110FFC2     4,440,700.00   4,180,824.24     7.750000  %      4,207.11
M-3     76110FFD0     3,108,500.00   2,926,586.38     7.750000  %      2,944.98
B-1                   1,509,500.00   1,421,162.01     7.750000  %      1,430.10
B-2                     444,000.00     418,016.51     7.750000  %        420.64
B-3                   1,154,562.90     888,908.53     7.750000  %          0.00

-------------------------------------------------------------------------------
                  177,623,205.60    57,998,649.89                    568,724.67
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00            0.00       0.00              0.00
A-7         6,770.74    127,812.55            0.00       0.00      1,020,983.26
A-8         1,787.78      1,787.78            0.00       0.00              0.00
A-9             0.00          0.00            0.00       0.00              0.00
A-10       25,132.12    457,424.30            0.00       0.00      3,646,363.28
A-11       90,184.90     90,184.90            0.00       0.00     13,975,000.00
A-12       12,906.61     12,906.61            0.00       0.00      2,000,000.00
A-13      133,241.06    133,241.06            0.00       0.00     20,646,958.00
A-14            0.00         77.24            0.00       0.00         49,247.19
A-15-1     37,631.82     37,631.82            0.00       0.00              0.00
A-15-2      4,864.58      4,864.58            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        40,469.88     46,780.49            0.00       0.00      6,264,878.65
M-2        26,980.13     31,187.24            0.00       0.00      4,176,617.13
M-3        18,886.15     21,831.13            0.00       0.00      2,923,641.40
B-1         9,171.19     10,601.29            0.00       0.00      1,419,731.91
B-2         2,697.59      3,118.23            0.00       0.00        417,595.87
B-3         5,250.96      5,250.96            0.00       0.00        888,014.03

-------------------------------------------------------------------------------
          415,975.51    984,700.18            0.00       0.00     57,429,030.72
===============================================================================

































Run:        09/25/00     08:22:01
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       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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-7      36.163422    3.832916     0.214403     4.047319   0.000000   32.330506
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    194.650671   20.630809     1.199411    21.830220   0.000000  174.019862
A-11   1000.000000    0.000000     6.453302     6.453302   0.000000 1000.000000
A-12   1000.000000    0.000000     6.453305     6.453305   0.000000 1000.000000
A-13   1000.000000    0.000000     6.453302     6.453302   0.000000 1000.000000
A-14    425.854157    0.666870     0.000000     0.666870   0.000000  425.187287
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     941.478646    0.947397     6.075646     7.023043   0.000000  940.531249
M-2     941.478650    0.947398     6.075648     7.023046   0.000000  940.531252
M-3     941.478649    0.947396     6.075647     7.023043   0.000000  940.531253
B-1     941.478642    0.947400     6.075648     7.023048   0.000000  940.531242
B-2     941.478626    0.947387     6.075653     7.023040   0.000000  940.531239
B-3     769.909141    0.000000     4.548007     4.548007   0.000000  769.134388

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:01                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL #  4231)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       12,004.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,505.40

SUBSERVICER ADVANCES THIS MONTH                                       28,626.15
MASTER SERVICER ADVANCES THIS MONTH                                    1,669.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   1,975,689.29

 (B)  TWO MONTHLY PAYMENTS:                                    5     449,400.36

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     723,477.12


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        328,659.60

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      57,429,030.72

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          658

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                 216,081.18

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      511,228.34

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         72.20556620 %    23.08672200 %    4.70771150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            71.95793010 %    23.27244081 %    4.74965510 %

      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                          8.94617813
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              297.55

POOL TRADING FACTOR:                                                32.33194138

 ................................................................................


Run:        09/25/00     08:22:02                                    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   4,312,707.57    11.000000  %    161,163.50
A-7     76110FFL2    17,652,000.00           0.00     6.750000  %          0.00
A-8     76110FFM0     5,655,589.00   1,877,753.46     6.750000  %    143,256.45
A-9     76110FFN8    19,068,000.00   7,980,452.04     6.750000  %    608,839.91
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     120,980.33     0.000000  %        153.74
A-13-1                        0.00           0.00     0.997799  %          0.00
A-13-2                        0.00           0.00     0.668133  %          0.00
R       76110FFT5           100.00           0.00     7.500000  %          0.00
M-1     76110FFV0     9,377,000.00   9,041,464.03     7.500000  %      8,654.59
M-2     76110FFW8     6,251,000.00   6,027,321.28     7.500000  %      5,769.42
M-3     76110FFX6     4,375,700.00   4,219,124.89     7.500000  %      4,038.59
B-1                   1,624,900.00   1,566,756.41     7.500000  %      1,499.72
B-2                     624,800.00     602,956.47     7.500000  %        577.16
B-3                   1,500,282.64   1,152,975.37     7.500000  %          0.00

-------------------------------------------------------------------------------
                  250,038,730.26    94,676,256.85                    933,953.08
===============================================================================
_______________________________________________________________________________
                                                                      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        39,521.38    200,684.88            0.00       0.00      4,151,544.07
A-7             0.00          0.00            0.00       0.00              0.00
A-8        10,559.22    153,815.67            0.00       0.00      1,734,497.01
A-9        44,876.67    653,716.58            0.00       0.00      7,371,612.13
A-10       57,738.98     57,738.98            0.00       0.00     10,267,765.00
A-11      296,824.10    296,824.10            0.00       0.00     47,506,000.00
A-12            0.00        153.74            0.00       0.00        120,826.59
A-13-1     63,671.67     63,671.67            0.00       0.00              0.00
A-13-2     10,062.95     10,062.95            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        56,492.33     65,146.92            0.00       0.00      9,032,809.44
M-2        37,659.54     43,428.96            0.00       0.00      6,021,551.86
M-3        26,361.68     30,400.27            0.00       0.00      4,215,086.30
B-1         9,789.31     11,289.03            0.00       0.00      1,565,256.69
B-2         3,767.36      4,344.52            0.00       0.00        602,379.31
B-3         7,127.86      7,127.86            0.00       0.00      1,151,871.74

-------------------------------------------------------------------------------
          664,453.05  1,598,406.13            0.00       0.00     93,741,200.14
===============================================================================






































Run:        09/25/00     08:22:02
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     136.860752    5.114411     1.254183     6.368594   0.000000  131.746341
A-7       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-8     332.017312   25.330067     1.867042    27.197109   0.000000  306.687245
A-9     418.525909   31.929930     2.353507    34.283437   0.000000  386.595979
A-10   1000.000000    0.000000     5.623325     5.623325   0.000000 1000.000000
A-11   1000.000000    0.000000     6.248139     6.248139   0.000000 1000.000000
A-12    568.122480    0.721962     0.000000     0.721962   0.000000  567.400519
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     964.217130    0.922959     6.024563     6.947522   0.000000  963.294171
M-2     964.217130    0.922960     6.024562     6.947522   0.000000  963.294171
M-3     964.217129    0.922959     6.024563     6.947522   0.000000  963.294170
B-1     964.217127    0.922961     6.024562     6.947523   0.000000  963.294166
B-2     965.039165    0.923752     6.029706     6.953458   0.000000  964.115413
B-3     768.505440    0.000000     4.751011     4.751011   0.000000  767.769825

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:02                                        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                       19,563.37
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,508.54

SUBSERVICER ADVANCES THIS MONTH                                       37,076.30
MASTER SERVICER ADVANCES THIS MONTH                                    5,864.72


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   2,596,181.20

 (B)  TWO MONTHLY PAYMENTS:                                    4     334,321.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7     753,177.82


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                        989,936.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      93,741,200.14

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,025

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                 739,684.94

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      844,396.57

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         76.08742810 %    20.39855500 %    3.51401670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            75.87175260 %    20.55600693 %    3.54571080 %

      BANKRUPTCY AMOUNT AVAILABLE                         182,005.00
      FRAUD AMOUNT AVAILABLE                              516,078.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,272,830.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.75417585
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.32

POOL TRADING FACTOR:                                                37.49067196

 ................................................................................


Run:        09/25/00     08:22:03                                    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   2,234,120.97     9.000000  %    253,580.06
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           0.00     7.250000  %          0.00
A-5     76110FGC1    10,000,000.00      73,748.16     7.250000  %     73,748.16
A-6     76110FGD9     7,371,430.00   5,511,554.67     7.250000  %    560,202.03
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      76,119.50     0.000000  %         88.37
A-10-1  97QS2A101             0.00           0.00     0.765680  %          0.00
A-10-2  97QS2A102             0.00           0.00     0.421042  %          0.00
R       76100FGJ6           100.00           0.00     7.750000  %          0.00
M-1     76110FGK3     4,931,600.00   4,730,921.09     7.750000  %      4,595.79
M-2     76110FGL1     4,109,600.00   3,942,370.30     7.750000  %      3,829.76
M-3     76110FGM9     2,630,200.00   2,523,170.71     7.750000  %      2,451.10
B-1                   1,068,500.00   1,025,499.44     7.750000  %        996.21
B-2                     410,900.00     394,931.89     7.750000  %        383.65
B-3                     821,738.81     628,938.23     7.750000  %          0.00

-------------------------------------------------------------------------------
                  164,383,983.57    62,542,157.96                    899,875.13
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        16,749.77    270,329.83            0.00       0.00      1,980,540.91
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           445.40     74,193.56            0.00       0.00              0.00
A-6        33,286.78    593,488.81            0.00       0.00      4,951,352.64
A-7        67,147.10     67,147.10            0.00       0.00     10,400,783.00
A-8       200,134.96    200,134.96            0.00       0.00     31,000,000.00
A-9             0.00         88.37            0.00       0.00         76,031.13
A-10-1     32,231.57     32,231.57            0.00       0.00              0.00
A-10-2      4,212.12      4,212.12            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        30,542.67     35,138.46            0.00       0.00      4,726,325.30
M-2        25,451.81     29,281.57            0.00       0.00      3,938,540.54
M-3        16,289.51     18,740.61            0.00       0.00      2,520,719.61
B-1         6,620.59      7,616.80            0.00       0.00      1,024,503.23
B-2         5,160.74      5,544.39            0.00       0.00        394,548.24
B-3         2,060.29      2,060.29            0.00       0.00        628,327.25

-------------------------------------------------------------------------------
          440,333.31  1,340,208.44            0.00       0.00     61,641,671.85
===============================================================================













































Run:        09/25/00     08:22:03
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      71.816897    8.151453     0.538429     8.689882   0.000000   63.665444
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       7.374816    7.374816     0.044540     7.419356   0.000000    0.000000
A-6     747.691380   75.996385     4.515648    80.512033   0.000000  671.694995
A-7    1000.000000    0.000000     6.455966     6.455966   0.000000 1000.000000
A-8    1000.000000    0.000000     6.455966     6.455966   0.000000 1000.000000
A-9     583.015272    0.676844     0.000000     0.676844   0.000000  582.338427
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     959.307545    0.931906     6.193258     7.125164   0.000000  958.375639
M-2     959.307548    0.931906     6.193257     7.125163   0.000000  958.375642
M-3     959.307547    0.931906     6.193259     7.125165   0.000000  958.375641
B-1     959.756144    0.932344     6.196153     7.128497   0.000000  958.823800
B-2     961.138696    0.933682    12.559601    13.493283   0.000000  960.205013
B-3     765.374864    0.000000     2.507232     2.507232   0.000000  764.631343

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:03                                        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                       12,973.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       819.40

SUBSERVICER ADVANCES THIS MONTH                                       20,359.13
MASTER SERVICER ADVANCES THIS MONTH                                      749.07


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   1,471,063.73

 (B)  TWO MONTHLY PAYMENTS:                                    4     584,805.41

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     406,280.81


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        103,314.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,641,671.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          712

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                  87,861.21

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      839,728.66

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.79514700 %    17.92407900 %    3.28077400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.50592630 %    18.14614224 %    3.32552170 %

      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                          8.76206971
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              302.35

POOL TRADING FACTOR:                                                37.49858746

 ................................................................................


Run:        09/25/00     08:22:03                                    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           0.00     7.500000  %          0.00
A-4     76110FGV9    23,490,000.00  12,925,746.41     7.750000  %    796,237.02
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           0.00     9.500000  %          0.00
A-8     76110FGZ0    27,500,000.00  27,500,000.00     7.750000  %          0.00
A-9     76110FHA4       107,351.50      67,229.07     0.000000  %        109.13
A-10-1  97QS3A101             0.00           0.00     0.792517  %          0.00
A-10-2  97QS3A102             0.00           0.00     0.486744  %          0.00
R       76110FHC0           100.00           0.00     7.750000  %          0.00
M-1     76110FHD8     5,346,700.00   5,140,169.50     7.750000  %      6,552.03
M-2     76110FHE6     4,112,900.00   3,954,028.32     7.750000  %      5,040.09
M-3     76110FHF3     2,632,200.00   2,530,524.25     7.750000  %      3,225.59
B-1                   1,069,400.00   1,028,091.59     7.750000  %      1,310.48
B-2                     411,200.00     395,316.30     7.750000  %        503.90
B-3                     823,585.68     444,747.20     7.750000  %        566.91

-------------------------------------------------------------------------------
                  164,514,437.18    62,123,852.64                    813,545.15
===============================================================================
_______________________________________________________________________________
                                                                      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             0.00          0.00            0.00       0.00              0.00
A-3             0.00          0.00            0.00       0.00              0.00
A-4        83,373.27    879,610.29            0.00       0.00     12,129,509.39
A-5        46,041.31     46,041.31            0.00       0.00      7,138,000.00
A-6         6,450.17      6,450.17            0.00       0.00      1,000,000.00
A-7             0.00          0.00            0.00       0.00              0.00
A-8       177,379.69    177,379.69            0.00       0.00     27,500,000.00
A-9             0.00        109.13            0.00       0.00         67,119.94
A-10-1     31,435.51     31,435.51            0.00       0.00              0.00
A-10-2      5,859.89      5,859.89            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        33,154.97     39,707.00            0.00       0.00      5,133,617.47
M-2        25,504.15     30,544.24            0.00       0.00      3,948,988.23
M-3        16,322.31     19,547.90            0.00       0.00      2,527,298.66
B-1         6,631.37      7,941.85            0.00       0.00      1,026,781.11
B-2         2,549.85      3,053.75            0.00       0.00        394,812.40
B-3         2,868.70      3,435.61            0.00       0.00        427,283.58

-------------------------------------------------------------------------------
          437,571.19  1,251,116.34            0.00       0.00     61,293,410.78
===============================================================================













































Run:        09/25/00     08:22:03
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-4     550.265918   33.896851     3.549309    37.446160   0.000000  516.369067
A-5    1000.000000    0.000000     6.450170     6.450170   0.000000 1000.000000
A-6    1000.000000    0.000000     6.450170     6.450170   0.000000 1000.000000
A-7       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-8    1000.000000    0.000000     6.450171     6.450171   0.000000 1000.000000
A-9     626.251799    1.016567     0.000000     1.016567   0.000000  625.235232
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     961.372342    1.225434     6.201016     7.426450   0.000000  960.146907
M-2     961.372346    1.225435     6.201014     7.426449   0.000000  960.146911
M-3     961.372331    1.225435     6.201014     7.426449   0.000000  960.146896
B-1     961.372349    1.225435     6.201019     7.426454   0.000000  960.146914
B-2     961.372325    1.225438     6.200997     7.426435   0.000000  960.146887
B-3     540.013275    0.688344     3.483183     4.171527   0.000000  518.808899

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:03                                        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                       12,860.31
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,125.63

SUBSERVICER ADVANCES THIS MONTH                                       21,591.71
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   1,285,075.10

 (B)  TWO MONTHLY PAYMENTS:                                    2     109,054.45

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                      1,286,900.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      61,293,410.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          672

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                      673,539.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         78.25715230 %    18.73244400 %    3.01040400 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            78.01797030 %    18.94152114 %    3.01974370 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              667,559.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,602,428.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.79073543
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.42

POOL TRADING FACTOR:                                                37.25716225

 ................................................................................


Run:        09/25/00     08:22:04                                    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           0.00     7.250000  %          0.00
A-4     76110FHN6    24,498,244.00     981,909.71    10.000000  %     83,288.74
A-5     76110FHP1    17,675,100.00   8,837,187.59     7.500000  %    749,598.62
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     110,213.27     0.000000  %        129.24
A-9-1   797QS4A91             0.00           0.00     0.794185  %          0.00
A-9-2   797QS4A92             0.00           0.00     0.455841  %          0.00
R       76110FHU0           100.00           0.00     7.750000  %          0.00
M-1     76110FHV8     7,186,600.00   6,944,473.53     7.750000  %      6,740.24
M-2     76110FHW6     4,975,300.00   4,807,675.27     7.750000  %      4,666.28
M-3     76110FHX4     3,316,900.00   3,205,149.07     7.750000  %      3,110.88
B-1                   1,216,200.00   1,175,224.54     7.750000  %      1,140.66
B-2                     552,900.00     534,272.03     7.750000  %        518.56
B-3                     995,114.30     798,235.73     7.750000  %        774.76

-------------------------------------------------------------------------------
                  221,126,398.63    86,544,440.74                    849,967.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00            0.00       0.00              0.00
A-2             0.00          0.00            0.00       0.00              0.00
A-3             0.00          0.00            0.00       0.00              0.00
A-4         8,179.54     91,468.28            0.00       0.00        898,620.97
A-5        55,211.93    804,810.55            0.00       0.00      8,087,588.97
A-6        46,160.60     46,160.60            0.00       0.00      7,150,100.00
A-7       335,708.74    335,708.74            0.00       0.00     52,000,000.00
A-8             0.00        129.24            0.00       0.00        110,084.03
A-9-1      45,094.83     45,094.83            0.00       0.00              0.00
A-9-2       6,979.98      6,979.98            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        44,833.08     51,573.32            0.00       0.00      6,937,733.29
M-2        31,038.05     35,704.33            0.00       0.00      4,803,008.99
M-3        20,692.24     23,803.12            0.00       0.00      3,202,038.19
B-1         7,587.17      8,727.83            0.00       0.00      1,174,083.88
B-2         3,449.23      3,967.79            0.00       0.00        533,753.47
B-3         5,153.36      5,928.12            0.00       0.00        797,460.97

-------------------------------------------------------------------------------
          610,088.75  1,460,056.73            0.00       0.00     85,694,472.76
===============================================================================















































Run:        09/25/00     08:22:04
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-4      40.080820    3.399784     0.333883     3.733667   0.000000   36.681036
A-5     499.979496   42.409866     3.123712    45.533578   0.000000  457.569630
A-6    1000.000000    0.000000     6.455938     6.455938   0.000000 1000.000000
A-7    1000.000000    0.000000     6.455937     6.455937   0.000000 1000.000000
A-8     709.751396    0.832280     0.000000     0.832280   0.000000  708.919116
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     966.308620    0.937890     6.238427     7.176317   0.000000  965.370730
M-2     966.308619    0.937889     6.238428     7.176317   0.000000  965.370729
M-3     966.308623    0.937888     6.238427     7.176315   0.000000  965.370735
B-1     966.308617    0.937889     6.238423     7.176312   0.000000  965.370729
B-2     966.308609    0.937891     6.238434     7.176325   0.000000  965.370718
B-3     802.154818    0.778564     5.178661     5.957225   0.000000  801.376249

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:04                                        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                       18,004.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,137.75

SUBSERVICER ADVANCES THIS MONTH                                       21,658.20
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   1,164,061.57

 (B)  TWO MONTHLY PAYMENTS:                                    4     300,783.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     781,524.63


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        412,229.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      85,694,472.76

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          935

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                      765,963.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.79384940 %    17.30483200 %    2.90131860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.61301230 %    17.43727453 %    2.92728420 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              884,926.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,055,384.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.78989224
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              306.36

POOL TRADING FACTOR:                                                38.75361481

 ................................................................................


Run:        09/25/00     08:22:04                                    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           0.00    10.000000  %          0.00
A-4     76110FJC8    24,000,000.00           0.00     7.250000  %          0.00
A-5     76110FJD6    11,785,091.00           0.00     7.250000  %          0.00
A-6     76110FJE4    18,143,000.00  12,993,686.25     8.000000  %    830,099.86
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     185,988.69     0.000000  %        282.68
A-11-1                        0.00           0.00     0.679580  %          0.00
A-11-2                        0.00           0.00     0.346755  %          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   6,512,575.61     8.000000  %      5,606.61
M-2     76110FJP9     4,330,000.00   4,190,111.80     8.000000  %      3,607.22
M-3     76110FJQ7     2,886,000.00   2,792,762.76     8.000000  %      2,404.26
B-1                   1,058,000.00   1,023,819.43     8.000000  %        881.39
B-2                     481,000.00     465,865.72     8.000000  %          0.00
B-3                     866,066.26     304,665.32     8.000000  %          0.00

-------------------------------------------------------------------------------
                  192,360,424.83    76,153,475.58                    842,882.02
===============================================================================
_______________________________________________________________________________
                                                                      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        86,566.21    916,666.07            0.00       0.00     12,163,586.39
A-7        31,758.59     31,758.59            0.00       0.00      4,767,000.00
A-8        26,805.06     26,805.06            0.00       0.00              0.00
A-9       259,115.51    259,115.51            0.00       0.00     42,917,000.00
A-10            0.00        282.68            0.00       0.00        185,706.01
A-11-1     33,284.72     33,284.72            0.00       0.00              0.00
A-11-2      5,007.49      5,007.49            0.00       0.00              0.00
R-I             0.00          0.00            0.00       0.00              0.00
R-II            0.00          0.00            0.00       0.00              0.00
M-1        43,387.92     48,994.53            0.00       0.00      6,506,969.00
M-2        27,915.26     31,522.48            0.00       0.00      4,186,504.58
M-3        18,605.88     21,010.14            0.00       0.00      2,790,358.50
B-1         6,820.86      7,702.25            0.00       0.00      1,022,938.04
B-2         3,657.72      3,657.72            0.00       0.00        465,865.72
B-3             0.00          0.00            0.00       0.00        304,001.99

-------------------------------------------------------------------------------
          542,925.22  1,385,807.24            0.00       0.00     75,309,930.23
===============================================================================









































Run:        09/25/00     08:22:04
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       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     716.181792   45.753175     4.771328    50.524503   0.000000  670.428617
A-7    1000.000000    0.000000     6.662175     6.662175   0.000000 1000.000000
A-8       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-9    1000.000000    0.000000     6.037596     6.037596   0.000000 1000.000000
A-10    546.770555    0.831024     0.000000     0.831024   0.000000  545.939531
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     967.693256    0.833077     6.446942     7.280019   0.000000  966.860178
M-2     967.693256    0.833076     6.446942     7.280018   0.000000  966.860180
M-3     967.693264    0.833077     6.446944     7.280021   0.000000  966.860187
B-1     967.693223    0.833072     6.446938     7.280010   0.000000  966.860151
B-2     968.535800    0.000000     7.604407     7.604407   0.000000  968.535800
B-3     351.780613    0.000000     0.000000     0.000000   0.000000  351.014702

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:04                                        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                       15,724.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,013.77

SUBSERVICER ADVANCES THIS MONTH                                       21,100.98
MASTER SERVICER ADVANCES THIS MONTH                                    1,849.90


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   1,118,647.24

 (B)  TWO MONTHLY PAYMENTS:                                    4     406,494.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     436,439.89


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        679,356.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      75,309,930.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          806

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                 219,695.87

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      777,944.52

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         79.87323090 %    17.76477100 %    2.36199790 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.66483120 %    17.90445435 %    2.38645490 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              768,975.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,224,147.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.91086247
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              309.31

POOL TRADING FACTOR:                                                39.15042832

 ................................................................................


Run:        09/25/00     08:22:04                                    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   5,320,333.80     7.500000  %    808,281.18
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  18,452,449.19     7.500000  %     87,039.47
A-6     76110FJW4       164,986.80      68,002.38     0.000000  %        345.04
A-7-1                         0.00           0.00     0.833376  %          0.00
A-7-2                         0.00           0.00     0.277067  %          0.00
R       76110FJY0           100.00           0.00     7.500000  %          0.00
M-1                   2,654,400.00   2,305,159.33     7.500000  %     10,873.34
M-2     76110FKA0     1,061,700.00     922,011.61     7.500000  %      4,349.09
M-3     76110FKB8       690,100.00     599,303.20     7.500000  %      2,826.89
B-1                     371,600.00     322,708.41     7.500000  %      1,522.20
B-2                     159,300.00     138,340.82     7.500000  %        652.55
B-3                     372,446.48     284,833.70     7.500000  %      1,343.55

-------------------------------------------------------------------------------
                  106,172,633.28    49,205,142.44                    917,233.31
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00            0.00       0.00              0.00
A-2        33,223.97    841,505.15            0.00       0.00      4,512,052.62
A-3       117,063.42    117,063.42            0.00       0.00     18,746,000.00
A-4        12,776.69     12,776.69            0.00       0.00      2,046,000.00
A-5       115,230.28    202,269.75            0.00       0.00     18,365,409.72
A-6             0.00        345.04            0.00       0.00         67,657.34
A-7-1      28,748.58     28,748.58            0.00       0.00              0.00
A-7-2       1,793.47      1,793.47            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        14,395.07     25,268.41            0.00       0.00      2,294,285.99
M-2         5,757.70     10,106.79            0.00       0.00        917,662.52
M-3         3,742.48      6,569.37            0.00       0.00        596,476.31
B-1         2,015.22      3,537.42            0.00       0.00        321,186.21
B-2           863.90      1,516.45            0.00       0.00        137,688.27
B-3         1,778.70      3,122.25            0.00       0.00        283,490.15

-------------------------------------------------------------------------------
          337,389.48  1,254,622.79            0.00       0.00     48,287,909.13
===============================================================================
_______________________________________________________________________________



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     339.242097   51.538684     2.118470    53.657154   0.000000  287.703413
A-3    1000.000000    0.000000     6.244715     6.244715   0.000000 1000.000000
A-4    1000.000000    0.000000     6.244717     6.244717   0.000000 1000.000000
A-5     867.248634    4.090777     5.415720     9.506497   0.000000  863.157857
A-6     412.168610    2.091319     0.000000     2.091319   0.000000  410.077291
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     868.429525    4.096346     5.423097     9.519443   0.000000  864.333179
M-2     868.429509    4.096345     5.423095     9.519440   0.000000  864.333164
M-3     868.429503    4.096348     5.423098     9.519446   0.000000  864.333155
B-1     868.429521    4.096340     5.423089     9.519429   0.000000  864.333181
B-2     868.429504    4.096359     5.423101     9.519460   0.000000  864.333145
B-3     764.764108    3.607337     4.775720     8.383057   0.000000  761.156744

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:04                                        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                       10,166.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       11,674.12
MASTER SERVICER ADVANCES THIS MONTH                                      331.30


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9     746,257.09

 (B)  TWO MONTHLY PAYMENTS:                                    1      40,801.62

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     103,779.07


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        146,684.62

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      48,287,909.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          780

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                  31,674.38

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      685,116.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.69470250 %     7.78733600 %    1.51796160 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.56249340 %     7.88691183 %    1.53952870 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                              503,321.00
      SPECIAL HAZARD AMOUNT AVAILABLE                     698,574.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.56559326
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              131.34

POOL TRADING FACTOR:                                                45.48056089

 ................................................................................


Run:        09/25/00     08:22:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL #  3328)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   3328
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A                    24,934,336.17   3,556,316.46     8.962446  %      6,881.43
R                             0.00           0.00     0.000000  %          0.00

-------------------------------------------------------------------------------
                   24,934,336.17     3,556,316.46                      6,881.43
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          26,529.44     33,410.87            0.00       0.00      3,549,332.77
R               0.00          0.00            0.00       0.00              0.00

-------------------------------------------------------------------------------
           26,529.44     33,410.87            0.00       0.00      3,549,332.77
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       142.627277    0.275982     1.063972     1.339954   0.000000  142.347193
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:40                                        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                        1,109.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       179.83

SUBSERVICER ADVANCES THIS MONTH                                          970.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     110,230.06

 (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                                                       3,549,332.77

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           27

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                        4,370.96

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                          9.41076900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.79

POOL TRADING FACTOR:                                                14.23471933


Run:     09/25/00     08:22:40                                        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                          878.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       119.80

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       2,808,949.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           20

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                          371.96

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                          9.29894056
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.19

POOL TRADING FACTOR:                                                14.03499305


Run:     09/25/00     08:22:40                                        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                          231.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        60.03

SUBSERVICER ADVANCES THIS MONTH                                          970.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    1     110,230.06

 (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                                                         740,382.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            7

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                        3,999.00

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                          9.83503490
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.46

POOL TRADING FACTOR:                                                15.04710776

 ................................................................................


Run:        09/25/00     08:22:40                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
           RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
       MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL #  3333)
STATEMENT TO CERTIFICATEHOLDERS

DISTRIBUTION SUMMARY FOR POOL#   3333
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A                    30,798,565.76   3,652,924.58     9.099017  %    232,733.35
R                             0.00           0.00     0.000000  %          0.00

-------------------------------------------------------------------------------
                   30,798,565.76     3,652,924.58                    232,733.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          27,080.33    259,813.68            0.00       0.00      3,420,191.23
R               0.00          0.00            0.00       0.00              0.00

-------------------------------------------------------------------------------
           27,080.33    259,813.68            0.00       0.00      3,420,191.23
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       118.606970    7.556629     0.879272     8.435901   0.000000  111.050341
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:40                                        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                        1,116.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       158.36

SUBSERVICER ADVANCES THIS MONTH                                        5,088.60
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     593,025.16

 (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                                                       3,420,191.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           22

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                      230,253.49

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000220 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE               100.00000000 %     0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION            100.00000230 %     0.00000000 %

CLASS R    - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION                  2.0304 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.62859200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.65

POOL TRADING FACTOR:                                                11.10503384


Run:     09/25/00     08:22:40                                        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                           44.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         5.94

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                         142,501.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            1

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                            0.00

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                          8.62500000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              317.00

POOL TRADING FACTOR:                                                 1.23711387


Run:     09/25/00     08:22:40                                        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                          540.69
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        80.84

SUBSERVICER ADVANCES THIS MONTH                                        2,599.11
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     296,930.52

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       1,632,512.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                            9

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                      119,090.38

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                         10.03513424
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              312.71

POOL TRADING FACTOR:                                                21.99084190


Run:     09/25/00     08:22:40                                        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                          531.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        71.58

SUBSERVICER ADVANCES THIS MONTH                                        2,489.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     296,094.64

 (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                                                       1,645,177.58

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           12

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                      111,163.11

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                          9.31210742
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.52

POOL TRADING FACTOR:                                                13.87617819

 ................................................................................


Run:        09/25/00     08:22:05                                    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   2,385,902.14     7.500000  %  1,164,825.91
A-2     76110FKD4    20,984,000.00           0.00     7.500000  %          0.00
A-3     76110FKE2    11,000,000.00  11,000,000.00     7.500000  %          0.00
A-4     76110FKF9     4,000,000.00   4,000,000.00     7.500000  %          0.00
A-5     76110FKG7    17,500,000.00  17,500,000.00     7.750000  %          0.00
A-6     76110FKH5    17,500,000.00  17,500,000.00     7.250000  %          0.00
A-7     76110FKJ1    21,925,000.00   7,483,700.25     9.500000  %    166,403.70
A-8     76110FKP7       156,262.27      38,759.06     0.000000  %         57.22
A-9-1                         0.00           0.00     0.836620  %          0.00
A-9-2                         0.00           0.00     0.496535  %          0.00
R       76110FKK8           100.00           0.00     7.750000  %          0.00
M-1     76110FKL6     6,697,000.00   6,401,934.69     7.750000  %      5,813.55
M-2     76110FKM4     3,827,000.00   3,658,384.95     7.750000  %      3,322.15
M-3     76110FKN2     2,870,200.00   2,743,740.93     7.750000  %      2,491.57
B-1                   1,052,400.00   1,006,031.96     7.750000  %        913.57
B-2                     478,400.00     457,322.00     7.750000  %        415.29
B-3                     861,188.35     655,283.43     7.750000  %        595.06

-------------------------------------------------------------------------------
                  191,342,550.62    74,831,059.41                  1,344,838.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        14,903.92  1,179,729.83            0.00       0.00      1,221,076.23
A-2             0.00          0.00            0.00       0.00              0.00
A-3        68,713.26     68,713.26            0.00       0.00     11,000,000.00
A-4        24,986.64     24,986.64            0.00       0.00      4,000,000.00
A-5       112,960.42    112,960.42            0.00       0.00     17,500,000.00
A-6       105,672.66    105,672.66            0.00       0.00     17,500,000.00
A-7        59,214.29    225,617.99            0.00       0.00      7,317,296.55
A-8             0.00         57.22            0.00       0.00         38,701.84
A-9-1      43,678.94     43,678.94            0.00       0.00              0.00
A-9-2       5,023.48      5,023.48            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        41,323.73     47,137.28            0.00       0.00      6,396,121.14
M-2        23,614.44     26,936.59            0.00       0.00      3,655,062.80
M-3        17,710.52     20,202.09            0.00       0.00      2,741,249.36
B-1         6,493.82      7,407.39            0.00       0.00      1,005,118.39
B-2         2,951.96      3,367.25            0.00       0.00        456,906.71
B-3         4,229.78      4,824.84            0.00       0.00        654,688.37

-------------------------------------------------------------------------------
          531,477.86  1,876,315.88            0.00       0.00     73,486,221.39
===============================================================================















































Run:        09/25/00     08:22:05
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      28.923181   14.120642     0.180673    14.301315   0.000000   14.802539
A-2       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-3    1000.000000    0.000000     6.246660     6.246660   0.000000 1000.000000
A-4    1000.000000    0.000000     6.246660     6.246660   0.000000 1000.000000
A-5    1000.000000    0.000000     6.454881     6.454881   0.000000 1000.000000
A-6    1000.000000    0.000000     6.038438     6.038438   0.000000 1000.000000
A-7     341.331824    7.589678     2.700766    10.290444   0.000000  333.742146
A-8     248.038506    0.366179     0.000000     0.366179   0.000000  247.672327
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     955.940673    0.868083     6.170484     7.038567   0.000000  955.072591
M-2     955.940672    0.868082     6.170483     7.038565   0.000000  955.072590
M-3     955.940677    0.868082     6.170483     7.038565   0.000000  955.072594
B-1     955.940669    0.868082     6.170487     7.038569   0.000000  955.072587
B-2     955.940635    0.868081     6.170485     7.038566   0.000000  955.072554
B-3     760.906055    0.690975     4.911562     5.602537   0.000000  760.215080

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:05                                        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                       15,430.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,035.54

SUBSERVICER ADVANCES THIS MONTH                                       21,144.74
MASTER SERVICER ADVANCES THIS MONTH                                    3,438.49


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13   1,097,775.76

 (B)  TWO MONTHLY PAYMENTS:                                    6     449,772.91

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     362,193.71


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                        714,630.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      73,486,221.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          821

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                 433,899.67

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,276,882.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         80.04781520 %    17.11949000 %    2.83269450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            79.70095270 %    17.40793452 %    2.88194000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                              747,678.00
      SPECIAL HAZARD AMOUNT AVAILABLE                     925,004.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.85830576
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              307.46

POOL TRADING FACTOR:                                                38.40558263

 ................................................................................


Run:        09/25/00     08:22:06                                    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   1,735,186.96    10.000000  %     96,290.40
A-4     76110FKX0    19,700,543.00           0.00     7.000000  %          0.00
A-5     76110FKY8    21,419,142.00           0.00     7.150000  %          0.00
A-6     76110FKZ5     6,323,320.00           0.00     7.250000  %          0.00
A-7     76110FLA9    16,496,308.00  14,851,876.99     7.250000  %    962,904.50
A-8     76110FLB7    25,998,036.00   4,195,523.80     7.500000  %    272,012.00
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       4,617.51     0.000000  %          6.25
A-12-1                        0.00           0.00     0.940170  %          0.00
A-12-2                        0.00           0.00     0.654693  %          0.00
R       76110FLG6           100.00           0.00     7.500000  %          0.00
M-1     76110FLH4     7,631,000.00   7,399,296.54     7.500000  %      6,661.53
M-2     76110FLJ0     4,361,000.00   4,228,584.98     7.500000  %      3,806.96
M-3     76110FLK7     3,270,500.00   3,171,196.37     7.500000  %      2,855.00
B-1                   1,199,000.00   1,162,594.21     7.500000  %      1,046.67
B-2                     545,000.00     528,451.95     7.500000  %        475.76
B-3                     981,461.72     772,081.66     7.500000  %        695.12

-------------------------------------------------------------------------------
                  218,029,470.88    97,556,411.97                  1,346,754.19
===============================================================================
_______________________________________________________________________________
                                                                      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        14,455.78    110,746.18            0.00       0.00      1,638,896.56
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             0.00          0.00            0.00       0.00              0.00
A-7        89,704.58  1,052,609.08            0.00       0.00     13,888,972.49
A-8        26,214.56    298,226.56            0.00       0.00      3,923,511.80
A-9        30,720.43     30,720.43            0.00       0.00      5,000,001.00
A-10      340,571.90    340,571.90            0.00       0.00     54,507,000.00
A-11            0.00          6.25            0.00       0.00          4,611.26
A-12-1     59,858.44     59,858.44            0.00       0.00              0.00
A-12-2     11,526.66     11,526.66            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        46,232.45     52,893.98            0.00       0.00      7,392,635.01
M-2        26,421.15     30,228.11            0.00       0.00      4,224,778.02
M-3        19,814.35     22,669.35            0.00       0.00      3,168,341.37
B-1         7,264.14      8,310.81            0.00       0.00      1,161,547.54
B-2         3,301.88      3,777.64            0.00       0.00        527,976.19
B-3         4,824.14      5,519.26            0.00       0.00        771,386.54

-------------------------------------------------------------------------------
          680,910.46  2,027,664.65            0.00       0.00     96,209,657.78
===============================================================================









































Run:        09/25/00     08:22:06
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     106.317844    5.899876     0.885730     6.785606   0.000000  100.417968
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-7     900.315209   58.370909     5.437858    63.808767   0.000000  841.944300
A-8     161.378490   10.462790     1.008328    11.471118   0.000000  150.915700
A-9    1000.000000    0.000000     6.144085     6.144085   0.000000 1000.000000
A-10   1000.000000    0.000000     6.248223     6.248223   0.000000 1000.000000
A-11    174.845016    0.236660     0.000000     0.236660   0.000000  174.608356
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     969.636554    0.872956     6.058505     6.931461   0.000000  968.763597
M-2     969.636547    0.872956     6.058507     6.931463   0.000000  968.763591
M-3     969.636560    0.872955     6.058508     6.931463   0.000000  968.763605
B-1     969.636539    0.872952     6.058499     6.931451   0.000000  968.763586
B-2     969.636606    0.872954     6.058495     6.931449   0.000000  968.763651
B-3     786.665077    0.708229     4.915260     5.623489   0.000000  785.956830

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:06                                        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                       20,062.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,916.46

SUBSERVICER ADVANCES THIS MONTH                                       27,819.53
MASTER SERVICER ADVANCES THIS MONTH                                    6,240.15


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   2,385,201.59

 (B)  TWO MONTHLY PAYMENTS:                                    5     379,785.24

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     153,718.84


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        591,669.82

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      96,209,657.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          986

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                 762,806.89

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,258,924.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         82.30457390 %    15.17048200 %    2.52494360 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            82.07301460 %    15.36826421 %    2.55798460 %

      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                          8.70831959
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              310.14

POOL TRADING FACTOR:                                                44.12690513

 ................................................................................


Run:        09/25/00     08:22:07                                    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     824,720.36    10.000000  %    312,655.08
A-4     76110FLP6    38,010,000.00           0.00     6.750000  %          0.00
A-5     76110FLQ4    17,163,462.00   4,535,962.09     6.750000  %  1,719,602.96
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     1.030470  %          0.00
A-9-2                         0.00           0.00     0.734565  %          0.00
R       76110FLV3           100.00           0.00     7.250000  %          0.00
M-1     76110FLW1     8,130,000.00   7,883,838.57     7.250000  %     14,064.97
M-2     76110FLX9     5,420,000.00   5,255,892.34     7.250000  %      9,376.64
M-3     76110FLY7     4,065,000.00   3,941,919.27     7.250000  %      7,032.48
B-1                   1,490,500.00   1,445,370.35     7.250000  %      2,578.58
B-2                     677,500.00     656,986.56     7.250000  %      1,172.08
B-3                   1,219,925.82   1,097,856.77     7.250000  %      1,958.57

-------------------------------------------------------------------------------
                  271,005,025.82   126,329,546.31                  2,068,441.36
===============================================================================
_______________________________________________________________________________
                                                                      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         6,868.32    319,523.40            0.00       0.00        512,065.28
A-4             0.00          0.00            0.00       0.00              0.00
A-5        25,498.62  1,745,101.58            0.00       0.00      2,816,359.13
A-6       180,996.28    180,996.28            0.00       0.00     29,977,000.00
A-7        96,997.88     96,997.88            0.00       0.00     16,065,000.00
A-8       329,937.68    329,937.68            0.00       0.00     54,645,000.00
A-9-1      92,698.25     92,698.25            0.00       0.00              0.00
A-9-2      11,202.64     11,202.64            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        47,601.34     61,666.31            0.00       0.00      7,869,773.60
M-2        31,734.23     41,110.87            0.00       0.00      5,246,515.70
M-3        23,800.67     30,833.15            0.00       0.00      3,934,886.79
B-1         8,726.92     11,305.50            0.00       0.00      1,442,791.77
B-2         3,966.77      5,138.85            0.00       0.00        655,814.48
B-3         6,628.68      8,587.25            0.00       0.00        986,870.48

-------------------------------------------------------------------------------
          866,658.28  2,935,099.64            0.00       0.00    124,152,077.23
===============================================================================















































Run:        09/25/00     08:22:07
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      35.901835   13.610542     0.298993    13.909535   0.000000   22.291293
A-4       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-5     264.280137  100.189750     1.485634   101.675384   0.000000  164.090388
A-6    1000.000000    0.000000     6.037838     6.037838   0.000000 1000.000000
A-7    1000.000000    0.000000     6.037839     6.037839   0.000000 1000.000000
A-8    1000.000000    0.000000     6.037838     6.037838   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     969.721841    1.730009     5.855023     7.585032   0.000000  967.991833
M-2     969.721834    1.730007     5.855024     7.585031   0.000000  967.991827
M-3     969.721838    1.730007     5.855023     7.585030   0.000000  967.991830
B-1     969.721805    1.730010     5.855029     7.585039   0.000000  967.991795
B-2     969.721860    1.730007     5.855011     7.585018   0.000000  967.991852
B-3     899.937318    1.605483     5.433675     7.039158   0.000000  808.959414

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:07                                        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                       28,792.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,656.03

SUBSERVICER ADVANCES THIS MONTH                                       35,566.04
MASTER SERVICER ADVANCES THIS MONTH                                      803.73


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,737,355.80

 (B)  TWO MONTHLY PAYMENTS:                                   10   1,240,700.38

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     495,578.92


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        130,560.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,152,077.23

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,349

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                  98,698.56

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,625,723.74

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         83.94527290 %    13.52150000 %    2.53322660 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            83.78065570 %    13.73410455 %    2.48523970 %

      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                          8.59399488
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              311.57

POOL TRADING FACTOR:                                                45.81172502

 ................................................................................


Run:        09/25/00     08:22:07                                    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     76110FMN0   199,969,492.00  38,970,065.87     7.250000  %  2,038,412.22
A-2     76110FMP5    10,000,000.00  10,000,000.00     7.250000  %          0.00
A-3     76110FMQ3    25,143,000.00  25,143,000.00     7.250000  %          0.00
A-4     76110FMR1    64,916,508.00  62,592,683.39     7.250000  %    153,764.65
A-5     76110FMS9        76,250.57      56,908.66     0.000000  %         62.04
A-6-1                         0.00           0.00     0.992814  %          0.00
A-6-2                         0.00           0.00     0.689399  %          0.00
R       76110FMU4           100.00           0.00     7.250000  %          0.00
M-1     76110FMV2    10,602,000.00  10,262,177.50     7.250000  %     18,609.51
M-2     76110FMW0     6,524,000.00   6,314,888.33     7.250000  %     11,451.46
M-3     76110FMX8     4,893,000.00   4,736,166.22     7.250000  %      8,588.60
B-1     76110FMY6     1,794,000.00   1,736,497.49     7.250000  %      3,148.98
B-2     76110FMZ3       816,000.00     789,845.01     7.250000  %      1,432.31
B-3     76110FNA7     1,468,094.11   1,287,085.92     7.250000  %      2,333.99

-------------------------------------------------------------------------------
                  326,202,444.68   161,889,318.39                  2,237,803.76
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       235,346.66  2,273,758.88            0.00       0.00     36,931,653.65
A-2        60,391.65     60,391.65            0.00       0.00     10,000,000.00
A-3       151,842.73    151,842.73            0.00       0.00     25,143,000.00
A-4       378,007.55    531,772.20            0.00       0.00     62,438,918.74
A-5             0.00         62.04            0.00       0.00         56,846.62
A-6-1     106,326.66    106,326.66            0.00       0.00              0.00
A-6-2      19,134.76     19,134.76            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        61,974.99     80,584.50            0.00       0.00     10,243,567.99
M-2        38,136.65     49,588.11            0.00       0.00      6,303,436.87
M-3        28,602.49     37,191.09            0.00       0.00      4,727,577.62
B-1        10,487.00     13,635.98            0.00       0.00      1,733,348.51
B-2         4,770.00      6,202.31            0.00       0.00        788,412.70
B-3         7,772.92     10,106.91            0.00       0.00      1,249,422.10

-------------------------------------------------------------------------------
        1,102,794.06  3,340,597.82            0.00       0.00    159,616,184.80
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     194.880056   10.193616     1.176913    11.370529   0.000000  184.686440
A-2    1000.000000    0.000000     6.039165     6.039165   0.000000 1000.000000
A-3    1000.000000    0.000000     6.039165     6.039165   0.000000 1000.000000
A-4     964.202871    2.368653     5.822980     8.191633   0.000000  961.834219
A-5     746.337503    0.813633     0.000000     0.813633   0.000000  745.523870
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     967.947321    1.755283     5.845594     7.600877   0.000000  966.192038
M-2     967.947322    1.755282     5.845593     7.600875   0.000000  966.192040
M-3     967.947317    1.755283     5.845594     7.600877   0.000000  966.192034
B-1     967.947319    1.755284     5.845596     7.600880   0.000000  966.192035
B-2     967.947316    1.755282     5.845588     7.600870   0.000000  966.192034
B-3     876.705322    1.589810     5.294565     6.884375   0.000000  851.050414

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:07                                        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                       33,531.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,563.20

SUBSERVICER ADVANCES THIS MONTH                                       40,651.44
MASTER SERVICER ADVANCES THIS MONTH                                    2,295.85


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   2,597,774.00

 (B)  TWO MONTHLY PAYMENTS:                                    6     732,704.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          9     775,989.79


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      1,129,261.64

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     159,616,184.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,600

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                 291,066.80

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,856,349.90

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.47365360 %    13.16994000 %    2.35640590 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.30316520 %    13.32858726 %    2.36349900 %

      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                          8.50615283
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              313.72

POOL TRADING FACTOR:                                                48.93163353

 ................................................................................


Run:        09/25/00     08:22:07                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
       MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL #  4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4265
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110FLZ4    99,650,000.00  49,855,788.00     7.000000  %    582,167.28
A-2     76110FMD2        43,142.76      12,506.02     0.000000  %        124.45
A-3-1                         0.00           0.00     1.074048  %          0.00
A-3-2                         0.00           0.00     0.650041  %          0.00
R       76110FMF7           100.00           0.00     7.000000  %          0.00
M-1     76110FMG5     3,043,000.00   2,679,561.32     7.000000  %     12,457.04
M-2     76110FMH3       892,000.00     785,464.55     7.000000  %      3,651.55
M-3     76110FMJ9       419,700.00     369,573.42     7.000000  %      1,718.11
B-1     76110FMK6       367,000.00     323,167.59     7.000000  %      1,502.38
B-2     76110FML4       262,400.00     231,060.40     7.000000  %      1,074.18
B-3     76110FMM2       263,388.53     231,930.90     7.000000  %      1,078.24

-------------------------------------------------------------------------------
                  104,940,731.29    54,489,052.20                    603,773.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       290,577.09    872,744.37            0.00       0.00     49,273,620.72
A-2             0.00        124.45            0.00       0.00         12,381.57
A-3-1      38,714.54     38,714.54            0.00       0.00              0.00
A-3-2       6,060.53      6,060.53            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        15,617.42     28,074.46            0.00       0.00      2,667,104.28
M-2         4,577.97      8,229.52            0.00       0.00        781,813.00
M-3         2,154.00      3,872.11            0.00       0.00        367,855.31
B-1         1,883.53      3,385.91            0.00       0.00        321,665.21
B-2         1,346.70      2,420.88            0.00       0.00        229,986.22
B-3         1,351.77      2,430.01            0.00       0.00        230,852.66

-------------------------------------------------------------------------------
          362,283.55    966,056.78            0.00       0.00     53,885,278.97
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     500.308961    5.842120     2.915977     8.758097   0.000000  494.466841
A-2     289.875288    2.884609     0.000000     2.884609   0.000000  286.990679
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     880.565665    4.093671     5.132244     9.225915   0.000000  876.471995
M-2     880.565639    4.093666     5.132253     9.225919   0.000000  876.471973
M-3     880.565690    4.093662     5.132237     9.225899   0.000000  876.472028
B-1     880.565640    4.093678     5.132234     9.225912   0.000000  876.471962
B-2     880.565549    4.093674     5.132241     9.225915   0.000000  876.471875
B-3     880.565680    4.093686     5.132228     9.225914   0.000000  876.471956

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:07                                        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                       11,330.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,996.81

SUBSERVICER ADVANCES THIS MONTH                                       11,736.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   1,024,160.97

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         37,980.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      53,885,278.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          712

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      350,392.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.51789440 %     7.03899100 %    1.44311440 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.46272630 %     7.08314527 %    1.45250050 %

      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                          8.31712844
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              135.78

POOL TRADING FACTOR:                                                51.34829757

 ................................................................................


Run:        09/25/00     08:22:08                                    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   3,351,438.44     9.000000  %    247,846.39
A-3     76110FND1    62,824,125.00           0.00     7.000000  %          0.00
A-4     76110FNE9    24,294,118.00  15,640,047.35     6.875000  %  1,156,616.57
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  57,273,034.76     7.250000  %     52,177.31
A-8-1                         0.00           0.00     0.925242  %          0.00
A-8-2                         0.00           0.00     0.718483  %          0.00
R       76110FNJ8           100.00           0.00     7.250000  %          0.00
M-1     76110FNK5    10,433,600.00  10,134,708.76     7.250000  %      9,233.00
M-2     76110FNL3     4,471,600.00   4,343,502.13     7.250000  %      3,957.05
M-3     76110FNM1     4,471,500.00   4,343,405.01     7.250000  %      3,956.96
B-1     76110FNN9     1,639,600.00   1,593,781.38     7.250000  %      1,451.98
B-2     76110FNP4       745,200.00     724,906.13     7.250000  %        660.41
B-3     76110FNQ2     1,341,561.05     894,119.72     7.250000  %        599.83

-------------------------------------------------------------------------------
                  298,104,002.05   146,881,984.68                  1,476,499.50
===============================================================================
_______________________________________________________________________________
                                                                      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        25,122.91    272,969.30            0.00       0.00      3,103,592.05
A-3             0.00          0.00            0.00       0.00              0.00
A-4        89,558.52  1,246,175.09            0.00       0.00     14,483,430.78
A-5       157,002.83    157,002.83            0.00       0.00     26,000,000.00
A-6       136,369.29    136,369.29            0.00       0.00     22,583,041.00
A-7       345,847.27    398,024.58            0.00       0.00     57,220,857.45
A-8-1      94,971.76     94,971.76            0.00       0.00              0.00
A-8-2      14,149.52     14,149.52            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        61,199.15     70,432.15            0.00       0.00     10,125,475.76
M-2        26,228.54     30,185.59            0.00       0.00      4,339,545.08
M-3        26,227.96     30,184.92            0.00       0.00      4,339,448.05
B-1         9,624.17     11,076.15            0.00       0.00      1,592,329.40
B-2         4,377.40      5,037.81            0.00       0.00        724,245.72
B-3         5,399.20      5,999.03            0.00       0.00        893,305.15

-------------------------------------------------------------------------------
          996,078.52  2,472,578.02            0.00       0.00    145,405,270.44
===============================================================================

















































Run:        09/25/00     08:22:08
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     149.579344   11.061728     1.121270    12.182998   0.000000  138.517616
A-3       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-4     643.779179   47.608914     3.686428    51.295342   0.000000  596.170266
A-5    1000.000000    0.000000     6.038570     6.038570   0.000000 1000.000000
A-6    1000.000000    0.000000     6.038571     6.038571   0.000000 1000.000000
A-7     965.512363    0.879608     5.830315     6.709923   0.000000  964.632755
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     971.353010    0.884929     5.865583     6.750512   0.000000  970.468080
M-2     971.353012    0.884929     5.865583     6.750512   0.000000  970.468083
M-3     971.353016    0.884929     5.865584     6.750513   0.000000  970.468087
B-1     972.055001    0.885570     5.869828     6.755398   0.000000  971.169432
B-2     972.767217    0.886218     5.874128     6.760346   0.000000  971.880998
B-3     666.477101    0.447113     4.024565     4.471678   0.000000  665.869919

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:08                                        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                       30,299.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,529.85

SUBSERVICER ADVANCES THIS MONTH                                       23,420.57
MASTER SERVICER ADVANCES THIS MONTH                                    7,275.79


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    21   1,866,710.89

 (B)  TWO MONTHLY PAYMENTS:                                    6     389,287.55

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     407,010.33


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        375,654.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     145,405,270.44

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,512

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                 972,854.49

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,342,900.71

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         84.99855300 %    12.81410800 %    2.18733920 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            84.86000600 %    12.93245343 %    2.20754050 %

      BANKRUPTCY AMOUNT AVAILABLE                         117,002.00
      FRAUD AMOUNT AVAILABLE                            1,666,251.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,666,251.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47173792
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              314.59

POOL TRADING FACTOR:                                                48.77669184

 ................................................................................


Run:        09/25/00     08:21:03                                    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   4,490,017.71     8.450293  %    153,789.69
R                             0.00           0.00     0.000000  %          0.00

-------------------------------------------------------------------------------
                   25,117,531.34     4,490,017.71                    153,789.69
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A          31,573.42    185,363.11            0.00       0.00      4,336,228.02
R               0.00          0.00            0.00       0.00              0.00

-------------------------------------------------------------------------------
           31,573.42    185,363.11            0.00       0.00      4,336,228.02
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A       178.760311    6.122803     1.257027     7.379830   0.000000  172.637508
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:21:03                                        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                        1,401.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       219.48

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                       4,336,228.02

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           37

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                      150,340.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                               SENIOR          SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION         100.00000000 %     0.00000000 %
CURRENT PREPAYMENT PERCENTAGE                 0.00000000 %   100.00000000 %
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                          9.10180737
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.60

POOL TRADING FACTOR:                                                17.26375081

 ................................................................................


Run:        09/25/00     08:22:09                                    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  11,635,276.40     7.250000  %    367,824.10
A-2     76110FNT6    30,750,000.00           0.00     7.250000  %          0.00
A-3     76110FNU3    40,799,000.00  19,504,760.89     7.250000  %    963,722.91
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  61,137,772.77     7.250000  %     67,421.40
A-8     76110FNZ2    15,495,000.00           0.00     7.250000  %          0.00
A-9     76110FPA5    68,339,000.00  30,967,070.75     7.000000  %    978,956.97
A-10    76110fPB3             0.00           0.00     7.250000  %          0.00
A-11    76110FPC1   100,038,312.00  51,787,793.84     0.000000  %    904,461.70
A-12    76110FPD9             0.00           0.00     7.250000  %          0.00
A-13    76110FPE7             0.00           0.00     8.980000  %          0.00
A-14    76110FPF4             0.00           0.00     5.520000  %          0.00
A-15    76110FPG2    26,249,000.00   9,696,002.07     7.000000  %    306,518.14
A-16    76110FPH0     2,386,273.00     881,454.85    10.000000  %     27,865.29
A-17    76110FPJ6       139,012.74     124,651.33     0.000000  %        148.26
A-18-1                        0.00           0.00     0.901198  %          0.00
A-18-2                        0.00           0.00     0.597923  %          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  15,809,662.86     7.250000  %     14,173.89
M-2     76110FPP2     5,422,000.00   5,269,563.65     7.250000  %      4,724.34
M-3     76110FPQ0     6,507,000.00   6,324,059.53     7.250000  %      5,669.73
B-1     76110FPR8     2,386,000.00   2,318,919.01     7.250000  %      2,078.99
B-2     76110FPS6     1,085,000.00   1,054,495.85     7.250000  %        945.39
B-3     76110FPT4     1,952,210.06   1,714,805.98     7.250000  %      1,537.38

-------------------------------------------------------------------------------
                  433,792,422.80   239,705,704.78                  3,646,048.49
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        70,261.22    438,085.32            0.00       0.00     11,267,452.30
A-2             0.00          0.00            0.00       0.00              0.00
A-3       117,782.18  1,081,505.09            0.00       0.00     18,541,037.98
A-4        40,730.61     40,730.61            0.00       0.00      6,745,000.00
A-5        25,576.14     25,576.14            0.00       0.00      4,235,415.00
A-6        63,399.66     63,399.66            0.00       0.00     10,499,000.00
A-7       369,188.86    436,610.26            0.00       0.00     61,070,351.37
A-8             0.00          0.00            0.00       0.00              0.00
A-9       180,550.69  1,159,507.66            0.00       0.00     29,988,113.78
A-10        6,448.24      6,448.24            0.00       0.00              0.00
A-11            0.00    904,461.70            0.00       0.00     50,883,332.14
A-12      156,363.86    156,363.86            0.00       0.00              0.00
A-13       96,837.76     96,837.76            0.00       0.00              0.00
A-14       59,526.10     59,526.10            0.00       0.00              0.00
A-15       56,531.65    363,049.79            0.00       0.00      9,389,483.93
A-16        7,341.78     35,207.07            0.00       0.00        853,589.56
A-17            0.00        148.26            0.00       0.00        124,503.07
A-18-1    137,260.17    137,260.17            0.00       0.00              0.00
A-18-2     28,309.29     28,309.29            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        95,468.82    109,642.71            0.00       0.00     15,795,488.97
M-2        31,820.99     36,545.33            0.00       0.00      5,264,839.31
M-3        38,188.70     43,858.43            0.00       0.00      6,318,389.80
B-1        14,003.12     16,082.11            0.00       0.00      2,316,840.02
B-2         6,367.72      7,313.11            0.00       0.00      1,053,550.46
B-3        10,355.10     11,892.48            0.00       0.00      1,680,754.01

-------------------------------------------------------------------------------
        1,612,312.66  5,258,361.15            0.00       0.00    236,027,141.70
===============================================================================



























Run:        09/25/00     08:22:09
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     369.385580   11.677326     2.230586    13.907912   0.000000  357.708254
A-2       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-3     478.069582   23.621239     2.886889    26.508128   0.000000  454.448344
A-4    1000.000000    0.000000     6.038638     6.038638   0.000000 1000.000000
A-5    1000.000000    0.000000     6.038638     6.038638   0.000000 1000.000000
A-6    1000.000000    0.000000     6.038638     6.038638   0.000000 1000.000000
A-7     970.456242    1.070198     5.860234     6.930432   0.000000  969.386044
A-8       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-9     453.139068   14.325012     2.641986    16.966998   0.000000  438.814056
A-10      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-11    517.679605    9.041153     0.000000     9.041153   0.000000  508.638452
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    369.385579   11.677326     2.153669    13.830995   0.000000  357.708253
A-16    369.385586   11.677326     3.076672    14.753998   0.000000  357.708260
A-17    896.689972    1.066521     0.000000     1.066521   0.000000  895.623452
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     971.885588    0.871328     5.868865     6.740193   0.000000  971.014260
M-2     971.885586    0.871328     5.868866     6.740194   0.000000  971.014259
M-3     971.885589    0.871328     5.868864     6.740192   0.000000  971.014262
B-1     971.885587    0.871329     5.868868     6.740197   0.000000  971.014258
B-2     971.885576    0.871327     5.868866     6.740193   0.000000  971.014249
B-3     878.392144    0.787507     5.304296     6.091803   0.000000  860.949362

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:10                                        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                       49,410.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       40,318.80
MASTER SERVICER ADVANCES THIS MONTH                                    2,636.95


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   3,146,325.75

 (B)  TWO MONTHLY PAYMENTS:                                    4     399,761.66

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6   1,037,901.28


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                        722,259.52

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     236,027,141.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,234

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                 366,378.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,381,714.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.43819850 %    11.43800200 %    2.12379930 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.25286150 %    11.59981767 %    2.14119880 %

      BANKRUPTCY AMOUNT AVAILABLE                         240,007.00
      FRAUD AMOUNT AVAILABLE                            2,579,320.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,579,320.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.35602263
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              315.79

POOL TRADING FACTOR:                                                54.41015778

 ................................................................................


Run:        09/25/00     08:22:10                                    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           0.00     7.000000  %          0.00
A-2     76110FPV9   117,395,000.00  41,428,570.99     7.000000  %  1,298,624.76
A-3     76110FPW7    51,380,000.00  46,266,232.28     7.000000  %  1,187,053.32
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     1.114652  %          0.00
A-6-2                         0.00           0.00     0.883736  %          0.00
R       76110FQB2           100.00           0.00     7.000000  %          0.00
M-1     76110FQC0    11,351,500.00  11,051,302.90     7.000000  %     13,215.49
M-2     76110FQD8     4,054,000.00   3,949,941.36     7.000000  %      4,723.46
M-3     76110FQE6     4,865,000.00   4,751,152.07     7.000000  %      5,681.58
B-1     76110FQF3     1,783,800.00   1,745,748.86     7.000000  %      2,087.62
B-2     76110FQG1       810,800.00     795,520.43     7.000000  %        951.31
B-3     76110FQH9     1,459,579.11   1,278,255.46     7.000000  %      1,528.58

-------------------------------------------------------------------------------
                  324,327,779.11   178,168,724.35                  2,513,866.12
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00            0.00       0.00              0.00
A-2       241,562.48  1,540,187.24            0.00       0.00     40,129,946.23
A-3       269,770.00  1,456,823.32            0.00       0.00     45,079,178.96
A-4        10,856.99     10,856.99            0.00       0.00      1,862,000.00
A-5       379,236.44    379,236.44            0.00       0.00     65,040,000.00
A-6-1     129,790.53    129,790.53            0.00       0.00              0.00
A-6-2      28,252.56     28,252.56            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        64,438.14     77,653.63            0.00       0.00     11,038,087.41
M-2        23,031.39     27,754.85            0.00       0.00      3,945,217.90
M-3        27,703.10     33,384.68            0.00       0.00      4,745,470.49
B-1        10,179.15     12,266.77            0.00       0.00      1,743,661.24
B-2         4,638.54      5,589.85            0.00       0.00        794,569.12
B-3         7,453.28      8,981.86            0.00       0.00      1,257,984.99

-------------------------------------------------------------------------------
        1,196,912.60  3,710,778.72            0.00       0.00    175,636,116.34
===============================================================================
_______________________________________________________________________________



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     352.898939   11.062011     2.057690    13.119701   0.000000  341.836929
A-3     900.471629   23.103412     5.250487    28.353899   0.000000  877.368216
A-4    1000.000000    0.000000     5.830822     5.830822   0.000000 1000.000000
A-5    1000.000000    0.000000     5.830819     5.830819   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     973.554411    1.164206     5.676619     6.840825   0.000000  972.390205
M-2     974.331860    1.165136     5.681152     6.846288   0.000000  973.166724
M-3     976.598576    1.167848     5.694368     6.862216   0.000000  975.430728
B-1     978.668494    1.170322     5.706441     6.876763   0.000000  977.498172
B-2     981.154946    1.173298     5.720942     6.894240   0.000000  979.981648
B-3     875.769906    1.047275     5.106458     6.153733   0.000000  861.882019

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:10                                        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                       36,848.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       44,559.24
MASTER SERVICER ADVANCES THIS MONTH                                    2,744.32


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    24   2,605,831.67

 (B)  TWO MONTHLY PAYMENTS:                                   11   1,133,948.40

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     665,462.52


FORECLOSURES
  NUMBER OF LOANS                                                            13
  AGGREGATE PRINCIPAL BALANCE                                      1,325,685.35

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     175,636,116.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,673

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                 346,382.47

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,193,478.97

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         86.76988840 %    11.08634300 %    2.14376840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            86.60583500 %    11.23275566 %    2.16140930 %

      BANKRUPTCY AMOUNT AVAILABLE                         101,905.00
      FRAUD AMOUNT AVAILABLE                            1,950,206.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,950,206.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.34662116
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              316.42

POOL TRADING FACTOR:                                                54.15389234

 ................................................................................


Run:        09/25/00     08:22:11                                    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   4,486,488.37     6.750000  %    363,226.27
A-2     76110FQK2   158,282,400.00  35,506,607.22     6.500000  %  2,874,616.29
A-3     76110FQL0    82,584,000.00  82,584,000.00     6.750000  %          0.00
A-4     76110FQM8    38,888,850.00  14,729,192.92     7.220000  %    565,663.17
A-5     76110FQN6             0.00           0.00     1.805775  %          0.00
A-6     76110FQP1    13,504,750.00   5,031,269.94     7.120000  %    198,394.19
A-7     76110FQQ9    86,753,900.00  86,753,900.00     7.000000  %          0.00
A-8     76110FQR7       138,732.69     116,506.82     0.000000  %        158.25
A-9-1                         0.00           0.00     1.041221  %          0.00
A-9-2                         0.00           0.00     0.713717  %          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  16,887,241.08     7.000000  %     14,992.39
M-2     76110FQW6     5,422,000.00   5,277,141.17     7.000000  %      4,685.01
M-3     76110FQX4     5,422,000.00   5,277,141.17     7.000000  %      4,685.01
B-1     76110FQY2     2,385,700.00   2,321,961.62     7.000000  %      2,061.42
B-2     76110FQZ9     1,084,400.00   1,055,428.25     7.000000  %        937.00
B-3     76110FRA3     1,952,351.82   1,638,427.56     7.000000  %          0.00

-------------------------------------------------------------------------------
                  433,770,084.51   261,665,306.12                  4,029,419.00
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        25,229.53    388,455.80            0.00       0.00      4,123,262.10
A-2       192,274.36  3,066,890.65            0.00       0.00     32,631,990.93
A-3       464,406.76    464,406.76            0.00       0.00     82,584,000.00
A-4        88,596.17    654,259.34            0.00       0.00     14,163,529.75
A-5        29,727.58     29,727.58            0.00       0.00              0.00
A-6        29,843.96    228,238.15            0.00       0.00      4,832,875.75
A-7       505,924.71    505,924.71            0.00       0.00     86,753,900.00
A-8             0.00        158.25            0.00       0.00        116,348.57
A-9-1     168,030.88    168,030.88            0.00       0.00              0.00
A-9-2      40,407.47     40,407.47            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        98,481.71    113,474.10            0.00       0.00     16,872,248.69
M-2        30,774.82     35,459.83            0.00       0.00      5,272,456.16
M-3        30,774.82     35,459.83            0.00       0.00      5,272,456.16
B-1        13,541.04     15,602.46            0.00       0.00      2,319,900.20
B-2         6,154.96      7,091.96            0.00       0.00      1,054,491.25
B-3         5,769.62      5,769.62            0.00       0.00      1,636,972.96

-------------------------------------------------------------------------------
        1,729,938.39  5,759,357.39            0.00       0.00    257,634,432.52
===============================================================================













































Run:        09/25/00     08:22:11
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     224.324419   18.161314     1.261477    19.422791   0.000000  206.163105
A-2     224.324418   18.161314     1.214755    19.376069   0.000000  206.163104
A-3    1000.000000    0.000000     5.623447     5.623447   0.000000 1000.000000
A-4     378.751054   14.545639     2.278190    16.823829   0.000000  364.205415
A-5       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-6     372.555578   14.690697     2.209886    16.900583   0.000000  357.864881
A-7    1000.000000    0.000000     5.831723     5.831723   0.000000 1000.000000
A-8     839.793563    1.140683     0.000000     1.140683   0.000000  838.652880
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     973.283139    0.864075     5.675918     6.539993   0.000000  972.419064
M-2     973.283137    0.864074     5.675917     6.539991   0.000000  972.419063
M-3     973.283137    0.864074     5.675917     6.539991   0.000000  972.419063
B-1     973.283154    0.864073     5.675919     6.539992   0.000000  972.419080
B-2     973.283152    0.864072     5.675913     6.539985   0.000000  972.419080
B-3     839.207126    0.000000     2.955215     2.955215   0.000000  838.462076

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:11                                        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                       54,027.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       67,620.46
MASTER SERVICER ADVANCES THIS MONTH                                    4,874.01


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    43   4,976,823.09

 (B)  TWO MONTHLY PAYMENTS:                                    5     869,492.53

 (C)  THREE OR MORE MONTHLY PAYMENTS:                         11   1,137,254.25


FORECLOSURES
  NUMBER OF LOANS                                                            17
  AGGREGATE PRINCIPAL BALANCE                                      1,941,815.23

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     257,634,432.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,357

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                 648,107.87

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,798,519.47

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         87.59033080 %    10.49193200 %    1.91773670 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            87.40728230 %    10.64188538 %    1.94602430 %

      BANKRUPTCY AMOUNT AVAILABLE                         110,151.00
      FRAUD AMOUNT AVAILABLE                            2,788,933.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,788,933.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.23399889
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              318.79

POOL TRADING FACTOR:                                                59.39423711

 ................................................................................


Run:        09/25/00     08:22:41                                    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  73,627,929.32     6.500000  %  1,781,442.80
A-2     76110FRC9    34,880,737.00  16,322,236.01     6.500000  %    103,029.19
A-3-1                         0.00           0.00     1.238647  %          0.00
A-3-2                         0.00           0.00     0.982277  %          0.00
R       76110FRE5           100.00           0.00     6.500000  %          0.00
M-1     76110FRF2     3,927,000.00   3,523,324.80     6.500000  %     15,202.70
M-2     76110FRG0       785,100.00     704,395.82     6.500000  %      3,039.38
M-3     76110FRH8       707,000.00     634,324.08     6.500000  %      2,737.03
B-1     76110FRJ4       471,200.00     422,763.09     6.500000  %      1,824.17
B-2     76110FRK1       314,000.00     281,722.43     6.500000  %      1,215.60
B-3     76110FRL9       471,435.62     389,720.23     6.500000  %      1,681.58

-------------------------------------------------------------------------------
                  157,074,535.62    95,906,415.78                  1,910,172.45
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       398,058.31  2,179,501.11            0.00       0.00     71,846,486.52
A-2        88,243.71    191,272.90            0.00       0.00     16,219,206.82
A-3-1      78,942.38     78,942.38            0.00       0.00              0.00
A-3-2      15,752.82     15,752.82            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        19,048.33     34,251.03            0.00       0.00      3,508,122.10
M-2         3,808.21      6,847.59            0.00       0.00        701,356.44
M-3         3,429.38      6,166.41            0.00       0.00        631,587.05
B-1         2,285.61      4,109.78            0.00       0.00        420,938.92
B-2         1,523.09      2,738.69            0.00       0.00        280,506.83
B-3         2,106.96      3,788.54            0.00       0.00        388,038.64

-------------------------------------------------------------------------------
          613,198.80  2,523,371.25            0.00       0.00     93,996,243.32
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     637.372123   15.421349     3.445856    18.867205   0.000000  621.950774
A-2     467.944127    2.953756     2.529869     5.483625   0.000000  464.990371
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     897.205195    3.871327     4.850606     8.721933   0.000000  893.333868
M-2     897.205222    3.871328     4.850605     8.721933   0.000000  893.333894
M-3     897.205205    3.871330     4.850608     8.721938   0.000000  893.333876
B-1     897.205199    3.871329     4.850615     8.721944   0.000000  893.333871
B-2     897.205191    3.871338     4.850605     8.721943   0.000000  893.333854
B-3     826.666916    3.566935     4.469242     8.036177   0.000000  823.099960

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:41                                        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                       19,896.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       625.17

SUBSERVICER ADVANCES THIS MONTH                                       12,588.80
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11   1,044,750.04

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      93,664.12


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         17,662.87

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      93,996,243.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,139

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                    1,496,348.32

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.78951820 %     5.06957200 %    1.14090990 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.69065210 %     5.15027561 %    1.15907230 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,000,000.00
      FRAUD AMOUNT AVAILABLE                            1,040,322.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,158,220.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.96954100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              140.39

POOL TRADING FACTOR:                                                59.84180883


Run:     09/25/00     08:22:41                                        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                       16,222.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       10,285.29
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10     824,341.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      93,664.12


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         17,662.87

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      76,442,147.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,074

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                    1,468,631.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.10004990 %     0.00000000 %    0.00000000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.82328000 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,000,000.00
      FRAUD AMOUNT AVAILABLE                            1,040,322.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,158,220.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.01432398
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              140.75

POOL TRADING FACTOR:                                                63.36093377


Run:     09/25/00     08:22:41                                        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                        3,673.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       625.17

SUBSERVICER ADVANCES THIS MONTH                                        2,303.51
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     220,408.90

 (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                                                      17,554,095.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           65

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                       27,716.36

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.41384260 %     0.00000000 %    0.00000000 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.83050810 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                       1,000,000.00
      FRAUD AMOUNT AVAILABLE                            1,040,322.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,158,220.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.77452666
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              138.84

POOL TRADING FACTOR:                                                48.18716681

 ................................................................................


Run:        09/25/00     08:22:41                                    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  43,865,446.37     6.500000  %  2,247,035.02
A-I-2   76110FRN5    59,732,445.00  59,732,445.00     6.750000  %          0.00
A-I-3   76110FRP0    41,218,155.00  18,432,916.57     7.120000  %    561,758.76
A-I-4   76110FRQ8             0.00           0.00     1.880000  %          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  47,615,945.77     7.000000  %    985,515.83
A-V-1                         0.00           0.00     0.875948  %          0.00
A-V-2                         0.00           0.00     0.622406  %          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  13,834,049.06     7.000000  %     12,365.49
M-2     76110FRY1     5,067,800.00   4,940,676.08     7.000000  %      4,416.20
M-3     76110FRZ8     5,067,800.00   4,940,676.08     7.000000  %      4,416.20
B-1     76110FSA2     2,230,000.00   2,174,061.23     7.000000  %      1,943.27
B-2     76110FSB0     1,216,400.00   1,185,887.05     7.000000  %      1,060.00
B-3     76110FSC8     1,621,792.30   1,169,961.99     7.000000  %          0.00

-------------------------------------------------------------------------------
                  405,421,992.30   262,760,065.20                  3,818,510.77
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-I-1     237,531.79  2,484,566.81            0.00       0.00     41,618,411.35
A-I-2     335,892.18    335,892.18            0.00       0.00     59,732,445.00
A-I-3     109,335.17    671,093.93            0.00       0.00     17,871,157.81
A-I-4      28,869.40     28,869.40            0.00       0.00              0.00
A-I-5     378,280.87    378,280.87            0.00       0.00     64,868,000.00
A-II      277,668.48  1,263,184.31            0.00       0.00     46,630,429.94
A-V-1     153,373.29    153,373.29            0.00       0.00              0.00
A-V-2      27,264.75     27,264.75            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        80,670.28     93,035.77            0.00       0.00     13,821,683.57
M-2        28,810.49     33,226.69            0.00       0.00      4,936,259.88
M-3        28,810.49     33,226.69            0.00       0.00      4,936,259.88
B-1        12,677.57     14,620.84            0.00       0.00      2,172,117.96
B-2         6,915.24      7,975.24            0.00       0.00      1,184,827.05
B-3         5,347.34      5,347.34            0.00       0.00      1,047,429.26

-------------------------------------------------------------------------------
        1,711,447.34  5,529,958.11            0.00       0.00    258,819,021.70
===============================================================================

















































Run:        09/25/00     08:22:41
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   324.913829   16.643915     1.759411    18.403326   0.000000  308.269914
A-I-2  1000.000000    0.000000     5.623279     5.623279   0.000000 1000.000000
A-I-3   447.203825   13.628916     2.652597    16.281513   0.000000  433.574909
A-I-4     0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-I-5  1000.000000    0.000000     5.831548     5.831548   0.000000 1000.000000
A-II    633.165509   13.104741     3.692253    16.796994   0.000000  620.060768
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     974.915367    0.871423     5.685009     6.556432   0.000000  974.043944
M-2     974.915364    0.871423     5.685009     6.556432   0.000000  974.043940
M-3     974.915364    0.871423     5.685009     6.556432   0.000000  974.043940
B-1     974.915350    0.871422     5.685007     6.556429   0.000000  974.043928
B-2     974.915365    0.871424     5.685006     6.556430   0.000000  974.043941
B-3     721.400632    0.000000     3.297179     3.297179   0.000000  645.846734

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:41                                        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                       54,254.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,733.27

SUBSERVICER ADVANCES THIS MONTH                                       53,851.63
MASTER SERVICER ADVANCES THIS MONTH                                    1,449.19


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    32   3,838,134.94

 (B)  TWO MONTHLY PAYMENTS:                                   12   1,109,197.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     646,265.06


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                      1,558,290.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     258,819,021.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,341

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                 188,209.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,365,826.73

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.25053110 %     9.02549700 %    1.72397210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.14354230 %     9.15473800 %    1.70171970 %

      BANKRUPTCY AMOUNT AVAILABLE                         194,225.00
      FRAUD AMOUNT AVAILABLE                            2,756,717.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,756,717.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.15456500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.78

POOL TRADING FACTOR:                                                63.83941341


Run:     09/25/00     08:22:41                                        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                       43,327.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,733.27

SUBSERVICER ADVANCES THIS MONTH                                       42,252.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    26   2,981,356.12

 (B)  TWO MONTHLY PAYMENTS:                                    8     689,956.17

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     465,809.02


FORECLOSURES
  NUMBER OF LOANS                                                            13
  AGGREGATE PRINCIPAL BALANCE                                      1,455,179.31

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     206,583,507.80

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,857

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                    2,421,563.46

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.19729100 %     0.00000000 %    1.72397210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.11167020 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         194,225.00
      FRAUD AMOUNT AVAILABLE                            2,756,717.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,756,717.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.13956513
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              319.51

POOL TRADING FACTOR:                                                63.69341368


Run:     09/25/00     08:22:41                                        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                       10,927.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       11,599.58
MASTER SERVICER ADVANCES THIS MONTH                                    1,449.19


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6     856,778.82

 (B)  TWO MONTHLY PAYMENTS:                                    4     419,240.98

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     180,456.04


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        103,111.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      52,235,513.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          484

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                 188,209.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      944,263.27

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.46012140 %     0.00000000 %    1.72397210 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.26959160 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         194,225.00
      FRAUD AMOUNT AVAILABLE                            2,756,717.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,756,717.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.21388789
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              320.87

POOL TRADING FACTOR:                                                64.42343806

 ................................................................................


Run:        09/25/00     08:22:13                                    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  54,031,981.34     6.750000  %  2,358,197.19
A-2     76110FSE4    75,936,500.00  61,847,428.42     6.750000  %  1,269,798.49
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     1.048249  %          0.00
A-6-2                         0.00           0.00     0.837604  %          0.00
R       76110FSK0           100.00           0.00     6.750000  %          0.00
M-1     76110FSL8    12,650,700.00  12,324,400.34     6.750000  %     20,427.20
M-2     76110FSM6     4,216,900.00   4,108,133.46     6.750000  %      6,809.07
M-3     76110FSN4     4,392,600.00   4,279,301.60     6.750000  %      7,092.77
B-1     76110FSP9     1,757,100.00   1,711,779.09     6.750000  %      2,837.21
B-2     76110FSQ7     1,054,300.00   1,027,106.44     6.750000  %      1,702.39
B-3     76110FSR5     1,405,623.28   1,309,925.59     6.750000  %      2,171.15

-------------------------------------------------------------------------------
                  351,405,323.28   239,080,556.28                  3,669,035.47
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       303,807.58  2,662,004.77            0.00       0.00     51,673,784.15
A-2       347,751.77  1,617,550.26            0.00       0.00     60,577,629.93
A-3        98,318.04     98,318.04            0.00       0.00     17,485,800.00
A-4        74,021.64     74,021.64            0.00       0.00     13,164,700.00
A-5       381,165.28    381,165.28            0.00       0.00     67,790,000.00
A-6-1     158,516.69    158,516.69            0.00       0.00              0.00
A-6-2      40,148.99     40,148.99            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        69,296.85     89,724.05            0.00       0.00     12,303,973.14
M-2        23,098.95     29,908.02            0.00       0.00      4,101,324.39
M-3        24,061.38     31,154.15            0.00       0.00      4,272,208.83
B-1         9,624.88     12,462.09            0.00       0.00      1,708,941.88
B-2         5,775.14      7,477.53            0.00       0.00      1,025,404.05
B-3         7,365.36      9,536.51            0.00       0.00      1,300,954.97

-------------------------------------------------------------------------------
        1,542,952.55  5,211,988.02            0.00       0.00    235,404,721.34
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     356.526723   15.560420     2.004656    17.565076   0.000000  340.966303
A-2     814.462458   16.721846     4.579507    21.301353   0.000000  797.740611
A-3    1000.000000    0.000000     5.622736     5.622736   0.000000 1000.000000
A-4    1000.000000    0.000000     5.622737     5.622737   0.000000 1000.000000
A-5    1000.000000    0.000000     5.622736     5.622736   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     974.206988    1.614709     5.477709     7.092418   0.000000  972.592279
M-2     974.206991    1.614710     5.477709     7.092419   0.000000  972.592281
M-3     974.206984    1.614709     5.477708     7.092417   0.000000  972.592276
B-1     974.206983    1.614712     5.477708     7.092420   0.000000  972.592271
B-2     974.207000    1.614711     5.477701     7.092412   0.000000  972.592289
B-3     931.917967    1.544617     5.239925     6.784542   0.000000  925.536013

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:13                                        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                       49,225.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,593.81

SUBSERVICER ADVANCES THIS MONTH                                       45,410.18
MASTER SERVICER ADVANCES THIS MONTH                                    6,218.08


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   3,162,595.65

 (B)  TWO MONTHLY PAYMENTS:                                    4     720,525.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     214,794.13


FORECLOSURES
  NUMBER OF LOANS                                                            15
  AGGREGATE PRINCIPAL BALANCE                                      1,946,286.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     235,404,721.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,005

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       8

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 820,362.79

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,213,914.85

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      142,635.54

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.64338760 %     8.66312000 %    1.69349240 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.50199170 %     8.78381123 %    1.71419710 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,483,752.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,483,752.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07695879
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              321.84

POOL TRADING FACTOR:                                                66.98951488

 ................................................................................


Run:        09/25/00     08:22:41                                    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  12,953,961.49     6.750000  %    284,556.33
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   2,436,806.00     6.750000  %    546,348.15
CB-5    76110FSW4    20,500,000.00  20,500,000.00     6.750000  %          0.00
CB-6    76110FSX2   136,500,000.00  77,468,426.04     6.750000  %  2,326,432.94
CB-7    76110FSY0    28,438,625.00  28,438,625.00     6.750000  %          0.00
NB-1    76110FSZ7    75,900,500.00  39,319,672.58     6.750000  %    659,156.22
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   5,439,018.89     6.750000  %     73,193.22
A-P     76110FTE3        57,464.36      51,024.65     0.000000  %      1,427.57
A-V-1                         0.00           0.00     0.999174  %          0.00
A-V-2                         0.00           0.00     0.718523  %          0.00
R                           100.00           0.00     6.750000  %          0.00
M-1     76110FTG8    13,075,500.00  12,736,168.99     6.750000  %     11,315.40
M-2     76110FTH6     5,029,000.00   4,898,489.09     6.750000  %      4,352.04
M-3     76110FTJ2     4,224,500.00   4,114,867.19     6.750000  %      3,655.84
B-1     76110FTK9     2,011,600.00   1,959,395.62     6.750000  %      1,740.82
B-2     76110FTL7     1,207,000.00   1,175,676.34     6.750000  %      1,044.52
B-3     76110FTM5     1,609,449.28   1,565,590.87     6.750000  %      1,390.94

-------------------------------------------------------------------------------
                  402,311,611.64   275,847,220.75                  3,914,613.99
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1       72,834.11    357,390.44            0.00       0.00     12,669,405.16
CB-2      221,039.26    221,039.26            0.00       0.00     39,313,092.00
CB-3       77,669.18     77,669.18            0.00       0.00     13,813,906.00
CB-4       13,701.03    560,049.18            0.00       0.00      1,890,457.85
CB-5      115,261.98    115,261.98            0.00       0.00     20,500,000.00
CB-6      435,569.00  2,762,001.94            0.00       0.00     75,141,993.10
CB-7      159,897.19    159,897.19            0.00       0.00     28,438,625.00
NB-1      221,133.54    880,289.76            0.00       0.00     38,660,516.36
NB-2            0.00          0.00            0.00       0.00              0.00
NB-3       54,341.82     54,341.82            0.00       0.00      9,662,500.00
NB-4       30,589.00    103,782.22            0.00       0.00      5,365,825.67
A-P             0.00      1,427.57            0.00       0.00         49,597.08
A-V-1     180,114.11    180,114.11            0.00       0.00              0.00
A-V-2      35,575.38     35,575.38            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        71,609.99     82,925.39            0.00       0.00     12,724,853.59
M-2        27,542.09     31,894.13            0.00       0.00      4,894,137.05
M-3        23,136.13     26,791.97            0.00       0.00      4,111,211.35
B-1        11,016.84     12,757.66            0.00       0.00      1,957,654.80
B-2         6,610.32      7,654.84            0.00       0.00      1,174,631.82
B-3         8,802.64     10,193.58            0.00       0.00      1,564,199.93

-------------------------------------------------------------------------------
        1,766,443.61  5,681,057.60            0.00       0.00    271,932,606.76
===============================================================================







































Run:        09/25/00     08:22:41
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    642.099767   14.104840     3.610229    17.715069   0.000000  627.994927
CB-2   1000.000000    0.000000     5.622536     5.622536   0.000000 1000.000000
CB-3   1000.000000    0.000000     5.622536     5.622536   0.000000 1000.000000
CB-4    149.497301   33.518291     0.840554    34.358845   0.000000  115.979009
CB-5   1000.000000    0.000000     5.622536     5.622536   0.000000 1000.000000
CB-6    567.534257   17.043465     3.190982    20.234447   0.000000  550.490792
CB-7   1000.000000    0.000000     5.622536     5.622536   0.000000 1000.000000
NB-1    518.042339    8.684478     2.913466    11.597944   0.000000  509.357861
NB-2      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
NB-3   1000.000000    0.000000     5.623992     5.623992   0.000000 1000.000000
NB-4    543.901889    7.319322     3.058900    10.378222   0.000000  536.582567
A-P     887.935583   24.842645     0.000000    24.842645   0.000000  863.092938
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     974.048334    0.865389     5.476654     6.342043   0.000000  973.182944
M-2     974.048338    0.865389     5.476653     6.342042   0.000000  973.182949
M-3     974.048335    0.865390     5.476655     6.342045   0.000000  973.182945
B-1     974.048330    0.865391     5.476655     6.342046   0.000000  973.182939
B-2     974.048335    0.865385     5.476653     6.342038   0.000000  973.182950
B-3     972.749430    0.864234     5.469349     6.333583   0.000000  971.885195

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:41                                        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                       57,092.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,796.79

SUBSERVICER ADVANCES THIS MONTH                                       39,673.68
MASTER SERVICER ADVANCES THIS MONTH                                      839.46


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    32   3,660,678.03

 (B)  TWO MONTHLY PAYMENTS:                                    7   1,208,161.51

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     217,704.24


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        287,781.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     271,932,606.76

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,265

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                 109,638.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,669,527.17

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.40951670 %     7.88462700 %    1.70408200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.28012510 %     7.99102478 %    1.72739240 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,845,602.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,845,602.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.01675300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.73

POOL TRADING FACTOR:                                                67.59253248


Run:     09/25/00     08:22:41                                        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                       44,331.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,523.47

SUBSERVICER ADVANCES THIS MONTH                                       25,661.33
MASTER SERVICER ADVANCES THIS MONTH                                      839.46


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    27   2,352,456.93

 (B)  TWO MONTHLY PAYMENTS:                                    5     577,789.95

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     217,704.24


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        287,781.90

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     211,276,135.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,073

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                 109,638.03

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,985,473.37

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.91534010 %     7.88462700 %    1.70408200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.78758770 %     7.99102478 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,845,602.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,845,602.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.06266567
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              322.17

POOL TRADING FACTOR:                                                71.61628855


Run:     09/25/00     08:22:42                                        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                       12,761.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,273.32

SUBSERVICER ADVANCES THIS MONTH                                       14,012.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,308,221.10

 (B)  TWO MONTHLY PAYMENTS:                                    2     630,371.56

 (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                                                      60,656,470.98

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          192

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                      684,053.80

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         88.64106730 %     7.88462700 %    1.70408200 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            88.51296680 %     7.99102479 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,845,602.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,845,602.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85683084
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.67

POOL TRADING FACTOR:                                                56.52962576

 ................................................................................


Run:        09/25/00     08:22:42                                    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  98,830,482.89     6.750000  %  1,836,283.08
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  16,648,023.53     6.750000  %    445,836.75
NB-2    76110FUD3    77,840,000.00  44,137,726.40     6.750000  %    212,948.51
NB-3    76110FUE1     3,780,000.00           0.00     6.750000  %          0.00
NB-4    76110FUF8    13,684,000.00  13,684,000.00     6.750000  %          0.00
A-P     76110FUG6        73,404.89      64,767.81     0.000000  %         86.86
A-V     76110FUH4             0.00           0.00     0.928851  %          0.00
R       76110FUJ0           100.00           0.00     6.750000  %          0.00
M-1     76110FUK7    13,245,900.00  12,950,186.14     6.750000  %     11,478.22
M-2     76110FUL5     5,094,600.00   4,980,863.38     6.750000  %      4,414.72
M-3     76110FUM3     4,279,400.00   4,183,862.66     6.750000  %      3,708.31
B-1     76110FUN1     2,037,800.00   1,992,306.26     6.750000  %      1,765.85
B-2     76110FUP6     1,222,600.00   1,195,305.55     6.750000  %      1,059.44
B-3     76110FUQ4     1,631,527.35   1,436,423.52     6.750000  %      1,273.14

-------------------------------------------------------------------------------
                  407,565,332.24   279,869,948.14                  2,518,854.88
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1      555,702.25  2,391,985.33            0.00       0.00     96,994,199.81
CB-2      199,895.52    199,895.52            0.00       0.00     35,551,000.00
CB-3      248,611.31    248,611.31            0.00       0.00     44,215,000.00
NB-1       93,607.08    539,443.83            0.00       0.00     16,202,186.78
NB-2      248,173.83    461,122.34            0.00       0.00     43,924,777.89
NB-3            0.00          0.00            0.00       0.00              0.00
NB-4       76,941.23     76,941.23            0.00       0.00     13,684,000.00
A-P             0.00         86.86            0.00       0.00         64,680.95
A-V       216,545.03    216,545.03            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        72,811.37     84,289.59            0.00       0.00     12,938,707.92
M-2        28,004.50     32,419.22            0.00       0.00      4,976,448.66
M-3        23,523.43     27,231.74            0.00       0.00      4,180,154.35
B-1        11,201.58     12,967.43            0.00       0.00      1,990,540.41
B-2         6,720.50      7,779.94            0.00       0.00      1,194,246.11
B-3         8,076.17      9,349.31            0.00       0.00      1,435,150.35

-------------------------------------------------------------------------------
        1,789,813.80  4,308,668.68            0.00       0.00    277,351,093.23
===============================================================================

















































Run:        09/25/00     08:22:42
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    572.372894   10.634762     3.218328    13.853090   0.000000  561.738132
CB-2   1000.000000    0.000000     5.622782     5.622782   0.000000 1000.000000
CB-3   1000.000000    0.000000     5.622782     5.622782   0.000000 1000.000000
NB-1    516.345870   13.827826     2.903265    16.731091   0.000000  502.518044
NB-2    567.031429    2.735721     3.188256     5.923977   0.000000  564.295708
NB-3      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
NB-4   1000.000000    0.000000     5.622715     5.622715   0.000000 1000.000000
A-P     882.336449    1.183361     0.000000     1.183361   0.000000  881.153088
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     977.675065    0.866549     5.496899     6.363448   0.000000  976.808516
M-2     977.675064    0.866549     5.496899     6.363448   0.000000  976.808515
M-3     977.675062    0.866549     5.496899     6.363448   0.000000  976.808513
B-1     977.675071    0.866547     5.496899     6.363446   0.000000  976.808524
B-2     977.675078    0.866547     5.496892     6.363439   0.000000  976.808531
B-3     880.416451    0.780336     4.950067     5.730403   0.000000  879.636098

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:42                                        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                       58,006.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,648.78

SUBSERVICER ADVANCES THIS MONTH                                       62,505.45
MASTER SERVICER ADVANCES THIS MONTH                                    2,265.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    31   4,188,015.20

 (B)  TWO MONTHLY PAYMENTS:                                    6     702,699.76

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7   1,262,983.22


FORECLOSURES
  NUMBER OF LOANS                                                            17
  AGGREGATE PRINCIPAL BALANCE                                      2,206,924.79

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     277,351,093.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,160

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                 306,988.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,270,891.41

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.44372680 %     7.90185300 %    1.65220860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.36546810 %     7.96654907 %    1.66612450 %

      BANKRUPTCY AMOUNT AVAILABLE                         158,374.00
      FRAUD AMOUNT AVAILABLE                            2,825,805.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,825,805.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.00718000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.09

POOL TRADING FACTOR:                                                68.05070777


Run:     09/25/00     08:22:42                                        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                       40,655.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,432.40

SUBSERVICER ADVANCES THIS MONTH                                       37,145.14
MASTER SERVICER ADVANCES THIS MONTH                                    2,265.05


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   3,081,100.21

 (B)  TWO MONTHLY PAYMENTS:                                    5     455,717.47

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     475,704.06


FORECLOSURES
  NUMBER OF LOANS                                                            14
  AGGREGATE PRINCIPAL BALANCE                                        994,454.36

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,603,815.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,901

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                 306,988.99

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,678,636.31

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.92032190 %     7.90185300 %    1.65220860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.84199180 %     7.96654906 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         158,374.00
      FRAUD AMOUNT AVAILABLE                            2,825,805.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,825,805.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.07012474
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              323.52

POOL TRADING FACTOR:                                                71.87995566


Run:     09/25/00     08:22:42                                        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                       17,350.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,216.38

SUBSERVICER ADVANCES THIS MONTH                                       25,360.31
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3   1,106,914.99

 (B)  TWO MONTHLY PAYMENTS:                                    1     246,982.29

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     787,279.16


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,212,470.43

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      82,747,277.77

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          259

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                      592,255.10

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         89.32084380 %     7.90185300 %    1.65220860 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            89.24437350 %     7.96654907 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         158,374.00
      FRAUD AMOUNT AVAILABLE                            2,825,805.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,825,805.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85914845
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.43

POOL TRADING FACTOR:                                                60.47413217

 ................................................................................


Run:        09/25/00     08:22:42                                    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  89,526,696.92     6.500000  %  1,513,112.23
NB      76110FTP8    41,430,000.00  25,253,460.52     6.500000  %    468,698.80
A-P     76110FTQ6        63,383.01      54,895.50     0.000000  %        242.79
A-V     76110FTV5             0.00           0.00     0.928032  %          0.00
R       76110FTR4           100.00           0.00     6.500000  %          0.00
M-1     76110FTS2     4,507,000.00   4,107,223.35     6.500000  %     17,376.64
M-2     76110FTT0       780,000.00     710,812.99     6.500000  %      3,007.27
M-3     76110FTU7       693,500.00     631,985.63     6.500000  %      2,673.77
B-1     76110FTW3       520,000.00     473,875.37     6.500000  %      2,004.85
B-2     76110FTX1       433,500.00     395,047.98     6.500000  %      1,671.35
B-3     76110FTY9       433,464.63     395,015.83     6.500000  %      1,671.21

-------------------------------------------------------------------------------
                  173,314,947.64   121,549,014.09                  2,010,458.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        484,236.59  1,997,348.82            0.00       0.00     88,013,584.69
NB        136,592.21    605,291.01            0.00       0.00     24,784,761.72
A-P             0.00        242.79            0.00       0.00         54,652.71
A-V        93,865.54     93,865.54            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        22,215.36     39,592.00            0.00       0.00      4,089,846.71
M-2         3,844.68      6,851.95            0.00       0.00        707,805.72
M-3         3,418.32      6,092.09            0.00       0.00        629,311.86
B-1         2,563.12      4,567.97            0.00       0.00        471,870.52
B-2         2,136.75      3,808.10            0.00       0.00        393,376.63
B-3         2,136.58      3,807.79            0.00       0.00        393,344.61

-------------------------------------------------------------------------------
          751,009.15  2,761,468.06            0.00       0.00    119,538,555.17
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      719.355721   12.158004     3.890888    16.048892   0.000000  707.197717
NB      609.545270   11.313029     3.296940    14.609969   0.000000  598.232240
A-P     866.091718    3.830517     0.000000     3.830517   0.000000  862.261201
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     911.298724    3.855478     4.929079     8.784557   0.000000  907.443246
M-2     911.298705    3.855474     4.929077     8.784551   0.000000  907.443231
M-3     911.298673    3.855472     4.929084     8.784556   0.000000  907.443201
B-1     911.298788    3.855481     4.929077     8.784558   0.000000  907.443308
B-2     911.298685    3.855479     4.929066     8.784545   0.000000  907.443207
B-3     911.298876    3.855470     4.929076     8.784546   0.000000  907.443382

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:42                                        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                       25,125.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,376.65

SUBSERVICER ADVANCES THIS MONTH                                       16,299.78
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    13     966,213.90

 (B)  TWO MONTHLY PAYMENTS:                                    2     199,706.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     359,735.01


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         85,163.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     119,538,555.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,388

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                    1,496,207.35

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.47383850 %     4.48380600 %    1.03985970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.40463870 %     4.53992796 %    1.05335680 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                            1,236,139.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,236,139.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.75487300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.72

POOL TRADING FACTOR:                                                68.97186700


Run:     09/25/00     08:22:42                                        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                       19,586.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,877.26

SUBSERVICER ADVANCES THIS MONTH                                       11,705.87
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12     740,089.47

 (B)  TWO MONTHLY PAYMENTS:                                    2     199,706.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     114,389.25


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         85,163.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      93,072,631.85

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,295

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                    1,139,079.21

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.66382310 %     4.48380600 %    1.03985970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.59910540 %     4.53992796 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                            1,236,139.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,236,139.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82127118
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.86

POOL TRADING FACTOR:                                                71.58250601


Run:     09/25/00     08:22:42                                        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                        5,538.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       499.39

SUBSERVICER ADVANCES THIS MONTH                                        4,593.91
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     1     226,124.43

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     245,345.76


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      26,465,923.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           93

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                      357,128.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         93.80641990 %     4.48380600 %    1.03985970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            93.72047870 %     4.53992795 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                            1,236,139.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,236,139.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.52137054
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              144.25

POOL TRADING FACTOR:                                                61.13144351

 ................................................................................


Run:        09/25/00     08:22:14                                    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  13,758,086.54     6.750000  %    530,609.85
A-2     76110FUS0    29,011,000.00           0.00     6.750000  %          0.00
A-3     76110FUT8    12,434,000.00   1,665,713.79     6.750000  %  1,665,713.79
A-4     76110FUU5    17,404,000.00  17,404,000.00     6.750000  %    211,838.57
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  15,845,244.88     6.750000  %     13,677.26
A-11    76110FVB6        10,998.00      10,337.22     0.000000  %         13.41
A-12    76110FVC4             0.00           0.00     0.991204  %          0.00
R       76110FVD2           100.00           0.00     6.750000  %          0.00
M-1     76110FVE0     4,827,000.00   4,725,379.79     6.750000  %      4,078.84
M-2     76110FVF7     2,011,300.00   1,968,957.19     6.750000  %      1,699.56
M-3     76110FVG5     2,011,300.00   1,968,957.19     6.750000  %      1,699.56
B-1     76110FVH3       884,900.00     866,270.68     6.750000  %        747.75
B-2     76110FVJ9       482,700.00     472,537.98     6.750000  %        407.88
B-3     76110FVK6       643,577.01     630,028.04     6.750000  %        543.83

-------------------------------------------------------------------------------
                  160,885,875.01   109,294,513.30                  2,431,030.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        77,375.12    607,984.97            0.00       0.00     13,227,476.69
A-2             0.00          0.00            0.00       0.00              0.00
A-3         9,367.93  1,675,081.72            0.00       0.00              0.00
A-4        97,879.63    309,718.20            0.00       0.00     17,192,161.43
A-5        44,041.34     44,041.34            0.00       0.00      7,831,000.00
A-6        77,908.91     77,908.91            0.00       0.00     13,853,000.00
A-7        83,718.47     83,718.47            0.00       0.00     14,886,000.00
A-8        47,292.00     47,292.00            0.00       0.00      8,409,000.00
A-9        28,119.87     28,119.87            0.00       0.00      5,000,000.00
A-10       89,113.23    102,790.49            0.00       0.00     15,831,567.62
A-11            0.00         13.41            0.00       0.00         10,323.81
A-12       90,261.17     90,261.17            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        26,575.41     30,654.25            0.00       0.00      4,721,300.95
M-2        11,073.36     12,772.92            0.00       0.00      1,967,257.63
M-3        11,073.36     12,772.92            0.00       0.00      1,967,257.63
B-1         4,871.88      5,619.63            0.00       0.00        865,522.93
B-2         2,657.54      3,065.42            0.00       0.00        472,130.10
B-3         3,543.26      4,087.09            0.00       0.00        629,484.21

-------------------------------------------------------------------------------
          704,872.48  3,135,902.78            0.00       0.00    106,863,483.00
===============================================================================











































Run:        09/25/00     08:22:14
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     550.323462   21.224394     3.095005    24.319399   0.000000  529.099068
A-2       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-3     133.964435  133.964435     0.753412   134.717847   0.000000    0.000000
A-4    1000.000000   12.171832     5.623973    17.795805   0.000000  987.828168
A-5    1000.000000    0.000000     5.623974     5.623974   0.000000 1000.000000
A-6    1000.000000    0.000000     5.623974     5.623974   0.000000 1000.000000
A-7    1000.000000    0.000000     5.623974     5.623974   0.000000 1000.000000
A-8    1000.000000    0.000000     5.623974     5.623974   0.000000 1000.000000
A-9    1000.000000    0.000000     5.623974     5.623974   0.000000 1000.000000
A-10    978.947540    0.845006     5.505575     6.350581   0.000000  978.102534
A-11    939.918167    1.219313     0.000000     1.219313   0.000000  938.698854
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     978.947543    0.845005     5.505575     6.350580   0.000000  978.102538
M-2     978.947541    0.845006     5.505574     6.350580   0.000000  978.102536
M-3     978.947541    0.845006     5.505574     6.350580   0.000000  978.102536
B-1     978.947542    0.845011     5.505571     6.350582   0.000000  978.102531
B-2     978.947545    0.844997     5.505573     6.350570   0.000000  978.102548
B-3     978.947399    0.845012     5.505573     6.350585   0.000000  978.102387

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:14                                        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                       22,571.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,113.36

SUBSERVICER ADVANCES THIS MONTH                                       30,402.07
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   1,829,655.19

 (B)  TWO MONTHLY PAYMENTS:                                    4     719,460.58

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     498,477.93


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,100,410.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     106,863,483.00

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          857

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                    2,336,685.51

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.27111590 %     7.92730900 %    1.80157530 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.05836280 %     8.09988217 %    1.84097250 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,105,289.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,275,183.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.06791933
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              324.97

POOL TRADING FACTOR:                                                66.42191740

 ................................................................................


Run:        09/25/00     08:22:14                                    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           0.00     6.750000  %          0.00
A-2     76110FVM2    43,000,000.00  26,187,076.33     6.750000  %  3,198,123.52
A-3     76110FVN0    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     7.420000  %          0.00
A-9     76110FVU4     3,469,000.00   3,469,000.00     4.740390  %          0.00
A-10    76110FVV2     7,590,000.00   6,644,137.00     6.750000  %     37,146.76
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      73,417.47     0.000000  %      1,923.25
A-14    76110FVZ3             0.00           0.00     0.920851  %          0.00
R       76110FWA7           100.00           0.00     6.750000  %          0.00
M-1     76110FWB5    11,770,000.00  11,526,923.34     6.750000  %      9,986.68
M-2     76110FWC3     5,349,900.00   5,239,412.67     6.750000  %      4,539.31
M-3     76110FWD1     5,349,900.00   5,239,412.67     6.750000  %      4,539.31
B-1     76110FWE9     2,354,000.00   2,305,384.69     6.750000  %      1,997.34
B-2     76110FWF6     1,284,000.00   1,257,482.53     6.750000  %      1,089.46
B-3     76110FWG4     1,712,259.01   1,466,683.30     6.750000  %        758.10

-------------------------------------------------------------------------------
                  427,987,988.79   310,439,930.00                  3,260,103.73
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1             0.00          0.00            0.00       0.00              0.00
A-2       147,256.86  3,345,380.38            0.00       0.00     22,988,952.81
A-3       337,395.89    337,395.89            0.00       0.00     60,000,000.00
A-4       151,828.15    151,828.15            0.00       0.00     27,000,000.00
A-5       295,221.41    295,221.41            0.00       0.00     52,500,000.00
A-6       205,249.17    205,249.17            0.00       0.00     36,500,000.00
A-7       140,581.62    140,581.62            0.00       0.00     25,000,000.00
A-8        64,317.73     64,317.73            0.00       0.00     10,405,000.00
A-9        13,699.45     13,699.45            0.00       0.00      3,469,000.00
A-10       37,361.74     74,508.50            0.00       0.00      6,606,990.24
A-11       42,174.49     42,174.49            0.00       0.00      7,500,000.00
A-12      158,159.95    158,159.95            0.00       0.00     28,126,000.00
A-13            0.00      1,923.25            0.00       0.00         71,494.22
A-14      238,150.69    238,150.69            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        64,818.94     74,805.62            0.00       0.00     11,516,936.66
M-2        29,462.61     34,001.92            0.00       0.00      5,234,873.36
M-3        29,462.61     34,001.92            0.00       0.00      5,234,873.36
B-1        12,963.79     14,961.13            0.00       0.00      2,303,387.35
B-2         7,071.16      8,160.62            0.00       0.00      1,256,393.07
B-3         8,247.55      9,005.65            0.00       0.00      1,465,412.61

-------------------------------------------------------------------------------
        1,983,423.81  5,243,527.54            0.00       0.00    307,179,313.68
===============================================================================







































Run:        09/25/00     08:22:14
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-2     609.001775   74.374966     3.424578    77.799544   0.000000  534.626810
A-3    1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-4    1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-5    1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-6    1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-7    1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-8    1000.000000    0.000000     6.181425     6.181425   0.000000 1000.000000
A-9    1000.000000    0.000000     3.949106     3.949106   0.000000 1000.000000
A-10    875.380369    4.894171     4.922495     9.816666   0.000000  870.486198
A-11   1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-12   1000.000000    0.000000     5.623265     5.623265   0.000000 1000.000000
A-13    943.308204   24.710978     0.000000    24.710978   0.000000  918.597226
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     979.347777    0.848486     5.507132     6.355618   0.000000  978.499291
M-2     979.347777    0.848485     5.507133     6.355618   0.000000  978.499292
M-3     979.347777    0.848485     5.507133     6.355618   0.000000  978.499292
B-1     979.347787    0.848488     5.507133     6.355621   0.000000  978.499299
B-2     979.347765    0.848489     5.507134     6.355623   0.000000  978.499276
B-3     856.577943    0.442748     4.816765     5.259513   0.000000  855.835829

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:14                                        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                       64,264.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,315.57

SUBSERVICER ADVANCES THIS MONTH                                       68,845.94
MASTER SERVICER ADVANCES THIS MONTH                                    4,718.41


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    39   6,343,237.99

 (B)  TWO MONTHLY PAYMENTS:                                    6   1,145,726.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     874,379.99


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                        994,004.34

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     307,179,313.68

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,416

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                 667,104.73

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,991,650.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.28923450 %     7.09024600 %    1.62051970 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.20443220 %     7.15760548 %    1.63629600 %

      BANKRUPTCY AMOUNT AVAILABLE                         172,792.00
      FRAUD AMOUNT AVAILABLE                            3,109,031.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,109,031.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.99919047
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              326.39

POOL TRADING FACTOR:                                                71.77288189

 ................................................................................


Run:        09/25/00     08:22:15                                    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           0.00     6.750000  %          0.00
A-2     76110FWJ8    47,967,000.00  40,203,733.58     6.750000  %  3,843,391.82
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     7.420000  %          0.00
A-8     76110FWQ2     5,046,000.00   5,046,000.00     4.596996  %          0.00
A-9     76110FWR0    96,429,000.00  96,429,000.00     6.750000  %          0.00
A-10    76110FWS8        62,872.89      57,464.00     0.000000  %         88.28
A-11    76110FWT6             0.00           0.00     0.865984  %          0.00
R       76110FWU3           100.00           0.00     6.750000  %          0.00
M-1     76110FWV1    13,198,800.00  12,935,483.74     6.750000  %     11,361.51
M-2     76110FWW9     6,000,000.00   5,880,299.93     6.750000  %      5,164.79
M-3     76110FWX7     4,799,500.00   4,703,749.90     6.750000  %      4,131.40
B-1     76110FWY5     2,639,600.00   2,586,939.94     6.750000  %      2,272.17
B-2     76110FWZ2     1,439,500.00   1,410,781.94     6.750000  %      1,239.12
B-3     76110FXA6     1,919,815.88   1,784,217.43     6.750000  %      1,567.12

-------------------------------------------------------------------------------
                  479,943,188.77   359,361,670.46                  3,869,216.21
===============================================================================
_______________________________________________________________________________
                                                                      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       226,051.68  4,069,443.50            0.00       0.00     36,360,341.76
A-3       379,647.22    379,647.22            0.00       0.00     67,521,000.00
A-4       170,625.06    170,625.06            0.00       0.00     30,346,000.00
A-5       256,449.25    256,449.25            0.00       0.00     45,610,000.00
A-6       160,965.34    160,965.34            0.00       0.00     28,628,000.00
A-7       100,245.65    100,245.65            0.00       0.00     16,219,000.00
A-8        19,322.31     19,322.31            0.00       0.00      5,046,000.00
A-9       542,186.90    542,186.90            0.00       0.00     96,429,000.00
A-10            0.00         88.28            0.00       0.00         57,375.72
A-11      259,226.44    259,226.44            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        72,731.75     84,093.26            0.00       0.00     12,924,122.23
M-2        33,062.89     38,227.68            0.00       0.00      5,875,135.14
M-3        26,447.55     30,578.95            0.00       0.00      4,699,618.50
B-1        14,545.47     16,817.64            0.00       0.00      2,584,667.77
B-2         7,932.34      9,171.46            0.00       0.00      1,409,542.82
B-3        10,032.03     11,599.15            0.00       0.00      1,777,887.79

-------------------------------------------------------------------------------
        2,279,471.88  6,148,688.09            0.00       0.00    355,487,691.73
===============================================================================













































Run:        09/25/00     08:22:15
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-2     838.154014   80.125749     4.712650    84.838399   0.000000  758.028264
A-3    1000.000000    0.000000     5.622654     5.622654   0.000000 1000.000000
A-4    1000.000000    0.000000     5.622654     5.622654   0.000000 1000.000000
A-5    1000.000000    0.000000     5.622654     5.622654   0.000000 1000.000000
A-6    1000.000000    0.000000     5.622654     5.622654   0.000000 1000.000000
A-7    1000.000000    0.000000     6.180754     6.180754   0.000000 1000.000000
A-8    1000.000000    0.000000     3.829233     3.829233   0.000000 1000.000000
A-9    1000.000000    0.000000     5.622654     5.622654   0.000000 1000.000000
A-10    913.971029    1.404103     0.000000     1.404103   0.000000  912.566927
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     980.049985    0.860799     5.510482     6.371281   0.000000  979.189186
M-2     980.049988    0.860798     5.510482     6.371280   0.000000  979.189190
M-3     980.049984    0.860798     5.510480     6.371278   0.000000  979.189186
B-1     980.049985    0.860801     5.510483     6.371284   0.000000  979.189184
B-2     980.049976    0.860799     5.510483     6.371282   0.000000  979.189177
B-3     929.369034    0.816287     5.225517     6.041804   0.000000  926.072030

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:15                                        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                       74,302.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,256.04

SUBSERVICER ADVANCES THIS MONTH                                       61,087.13
MASTER SERVICER ADVANCES THIS MONTH                                    1,650.35


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    38   5,357,797.11

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,005,931.06

 (C)  THREE OR MORE MONTHLY PAYMENTS:                         10   1,165,692.00


FORECLOSURES
  NUMBER OF LOANS                                                            10
  AGGREGATE PRINCIPAL BALANCE                                        866,375.03

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     355,487,691.73

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,775

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                 219,089.52

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,539,725.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.84494020 %     6.54585500 %    1.60920450 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.76463770 %     6.61032053 %    1.62397470 %

      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                          7.94283830
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              325.99

POOL TRADING FACTOR:                                                74.06870231

 ................................................................................


Run:        09/25/00     08:22:43                                    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   188,037,444.00 145,868,644.66     7.000000  %  2,612,505.58
CB-2    76110FXP8     6,964,350.00   5,402,542.54     0.000000  %     96,759.47
NB-1    76110FXQ1    25,499,800.00  11,578,702.25     6.750000  %    356,477.37
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   7,980,444.79     6.400000  %    186,123.13
NB-8    76110FXX6    20,899,000.00  12,914,180.39     6.100000  %    204,464.24
NB-9    76110FXY4             0.00           0.00     0.650000  %          0.00
A-P     76110FXZ1        58,061.92      56,177.51     0.000000  %         59.96
A-V     76110FYA5             0.00           0.00     0.817523  %          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   8,626,521.83     6.750000  %      7,525.76
M-2     76110FYE7     4,001,000.00   3,921,012.62     6.750000  %      3,420.68
M-3     76110FYF4     3,201,000.00   3,137,006.10     6.750000  %      2,736.72
B-1     76110FYG2     1,760,300.00   1,725,108.37     6.750000  %      1,504.98
B-2     76110FYH0       960,000.00     940,807.81     6.750000  %        820.76
B-3     76110FYJ6     1,280,602.22   1,200,270.04     6.750000  %      1,047.09

-------------------------------------------------------------------------------
                  320,086,417.14   246,724,577.91                  3,473,445.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1      850,486.04  3,462,991.62            0.00       0.00    143,256,139.08
CB-2            0.00     96,759.47            0.00       0.00      5,305,783.07
NB-1       65,124.20    421,601.57            0.00       0.00     11,222,224.88
NB-2       41,750.53     41,750.53            0.00       0.00      7,423,000.00
NB-3      120,533.53    120,533.53            0.00       0.00     21,430,159.00
NB-4       22,610.42     22,610.42            0.00       0.00      4,020,000.00
NB-5       59,057.05     59,057.05            0.00       0.00     10,500,000.00
NB-6        2,327.42      2,327.42            0.00       0.00              0.00
NB-7       42,558.45    228,681.58            0.00       0.00      7,794,321.66
NB-8       65,641.03    270,105.27            0.00       0.00     12,709,716.15
NB-9        6,994.54      6,994.54            0.00       0.00              0.00
A-P             0.00         59.96            0.00       0.00         56,117.55
A-V       168,026.32    168,026.32            0.00       0.00              0.00
R-I             0.00          0.00            0.00       0.00              0.00
R-II            0.00          0.00            0.00       0.00              0.00
M-1        48,505.08     56,030.84            0.00       0.00      8,618,996.07
M-2        22,047.01     25,467.69            0.00       0.00      3,917,591.94
M-3        17,638.71     20,375.43            0.00       0.00      3,134,269.38
B-1         9,699.91     11,204.89            0.00       0.00      1,723,603.39
B-2         5,289.96      6,110.72            0.00       0.00        939,987.05
B-3         6,748.86      7,795.95            0.00       0.00      1,199,222.94

-------------------------------------------------------------------------------
        1,555,039.06  5,028,484.80            0.00       0.00    243,251,132.16
===============================================================================







































Run:        09/25/00     08:22:43
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    775.742541   13.893539     4.522961    18.416500   0.000000  761.849002
CB-2    775.742537   13.893539     0.000000    13.893539   0.000000  761.848998
NB-1    454.070316   13.979615     2.553910    16.533525   0.000000  440.090702
NB-2   1000.000000    0.000000     5.624482     5.624482   0.000000 1000.000000
NB-3   1000.000000    0.000000     5.624481     5.624481   0.000000 1000.000000
NB-4   1000.000000    0.000000     5.624483     5.624483   0.000000 1000.000000
NB-5   1000.000000    0.000000     5.624481     5.624481   0.000000 1000.000000
NB-6      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
NB-7    523.342173   12.205596     2.790901    14.996497   0.000000  511.136577
NB-8    617.932934    9.783446     3.140869    12.924315   0.000000  608.149488
NB-9      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-P     967.544821    1.032619     0.000000     1.032619   0.000000  966.512203
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     980.008160    0.854957     5.510375     6.365332   0.000000  979.153203
M-2     980.008153    0.854956     5.510375     6.365331   0.000000  979.153197
M-3     980.008154    0.854958     5.510375     6.365333   0.000000  979.153196
B-1     980.008163    0.854957     5.510373     6.365330   0.000000  979.153207
B-2     980.008135    0.854958     5.510375     6.365333   0.000000  979.153177
B-3     937.269998    0.817654     5.270067     6.087721   0.000000  936.452336

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:43                                        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                       50,938.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,375.05

SUBSERVICER ADVANCES THIS MONTH                                       39,014.43
MASTER SERVICER ADVANCES THIS MONTH                                    1,488.46


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    28   3,493,283.41

 (B)  TWO MONTHLY PAYMENTS:                                    4     505,733.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     168,513.17


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      1,110,431.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     243,251,132.16

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,752

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                 193,655.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,258,207.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.05312080 %     6.35710500 %    1.56700490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.96789840 %     6.44225466 %    1.58836040 %

      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                          7.89411700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              328.34

POOL TRADING FACTOR:                                                75.99545596


Run:     09/25/00     08:22:43                                        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                       33,822.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,694.58

SUBSERVICER ADVANCES THIS MONTH                                       29,655.08
MASTER SERVICER ADVANCES THIS MONTH                                    1,488.46


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   2,738,500.97

 (B)  TWO MONTHLY PAYMENTS:                                    3     216,504.84

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     168,513.17


FORECLOSURES
  NUMBER OF LOANS                                                             7
  AGGREGATE PRINCIPAL BALANCE                                        878,307.27

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     161,258,615.66

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,484

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                 193,655.46

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,577,437.61

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.27071350 %     6.35710500 %    1.56700490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.14714670 %     6.44225466 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.96976798
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              327.24

POOL TRADING FACTOR:                                                77.51253666


Run:     09/25/00     08:22:43                                        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                       17,116.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,680.47

SUBSERVICER ADVANCES THIS MONTH                                        9,359.35
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     3     754,782.44

 (B)  TWO MONTHLY PAYMENTS:                                    1     289,228.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        232,124.46

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      81,992,516.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          268

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                      680,769.48

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.68441460 %     6.35710500 %    1.56700490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.61535510 %     6.44225465 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.74532946
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.50

POOL TRADING FACTOR:                                                73.17856939

 ................................................................................


Run:        09/25/00     08:22:43                                    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  87,635,977.18     6.500000  %  1,219,844.72
NB                   37,758,000.00  27,320,397.23     6.500000  %    375,127.44
A-P                      53,454.22      48,777.84     0.000000  %        208.80
A-V                           0.00           0.00     0.844768  %          0.00
R                           100.00           0.00     6.500000  %          0.00
M-1                   4,083,000.00   3,763,338.87     6.500000  %     15,298.67
M-2                     706,500.00     651,187.59     6.500000  %      2,647.20
M-3                     628,000.00     578,833.42     6.500000  %      2,353.06
B-1                     471,000.00     434,125.08     6.500000  %      1,764.80
B-2                     314,000.00     289,416.71     6.500000  %      1,176.53
B-3                     471,221.05     434,328.82     6.500000  %      1,765.63

-------------------------------------------------------------------------------
                  156,999,275.27   121,156,382.74                  1,620,186.85
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        474,332.47  1,694,177.19            0.00       0.00     86,416,132.46
NB        147,872.50    522,999.94            0.00       0.00     26,945,269.79
A-P             0.00        208.80            0.00       0.00         48,569.04
A-V        85,225.69     85,225.69            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        20,369.19     35,667.86            0.00       0.00      3,748,040.20
M-2         3,524.58      6,171.78            0.00       0.00        648,540.39
M-3         3,132.96      5,486.02            0.00       0.00        576,480.36
B-1         2,349.71      4,114.51            0.00       0.00        432,360.28
B-2         1,566.47      2,743.00            0.00       0.00        288,240.18
B-3         2,350.81      4,116.44            0.00       0.00        432,563.20

-------------------------------------------------------------------------------
          740,724.38  2,360,911.23            0.00       0.00    119,536,195.90
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      778.889535   10.841715     4.215764    15.057479   0.000000  768.047820
NB      723.565793    9.935045     3.916322    13.851367   0.000000  713.630748
A-P     912.516168    3.906211     0.000000     3.906211   0.000000  908.609957
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     921.709251    3.746919     4.988780     8.735699   0.000000  917.962332
M-2     921.709257    3.746921     4.988790     8.735711   0.000000  917.962336
M-3     921.709268    3.746911     4.988790     8.735701   0.000000  917.962357
B-1     921.709299    3.746921     4.988769     8.735690   0.000000  917.962378
B-2     921.709268    3.746911     4.988758     8.735669   0.000000  917.962357
B-3     921.709291    3.746925     4.988763     8.735688   0.000000  917.962395

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:43                                        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                       25,112.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,277.33

SUBSERVICER ADVANCES THIS MONTH                                       14,272.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9     703,237.67

 (B)  TWO MONTHLY PAYMENTS:                                    3     215,489.82

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     369,203.14


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        151,880.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     119,536,195.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,212

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                    1,127,657.60

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.92085530 %     4.12141700 %    0.95568270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.87292130 %     4.16029715 %    0.96509040 %

      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                          7.67124700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              148.81

POOL TRADING FACTOR:                                                76.13805586


Run:     09/25/00     08:22:43                                        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                       19,122.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,191.60

SUBSERVICER ADVANCES THIS MONTH                                       14,272.73
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     9     703,237.67

 (B)  TWO MONTHLY PAYMENTS:                                    3     215,489.82

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     369,203.14


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        151,880.73

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      91,016,789.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,121

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                      863,943.04

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.99241180 %     4.12141700 %    0.95568270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.94526590 %     4.16029715 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.73021186
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              148.50

POOL TRADING FACTOR:                                                77.44041897


Run:     09/25/00     08:22:43                                        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                        5,990.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,085.73

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      28,519,406.81

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           91

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                      263,714.56

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.53222910 %     4.12141700 %    0.95568270 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.48047070 %     4.16029715 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                               0.00
      FRAUD AMOUNT AVAILABLE                                    0.00
      SPECIAL HAZARD AMOUNT AVAILABLE                           0.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.48306573
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              149.78

POOL TRADING FACTOR:                                                72.25975158

 ................................................................................


Run:        09/25/00     08:22:18                                    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  71,368,335.76     6.750000  %  2,630,789.03
A-2     76110FYL1    97,975,000.00  62,663,342.07     6.500000  %    249,939.52
A-3     76110FYM9    46,000,000.00  29,420,910.24     6.250000  %    117,348.47
A-4     76110FYN7    37,995,000.00  24,301,032.20     8.000000  %     96,927.29
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      88,617.78     0.000000  %        198.17
A-V     76110FYS6             0.00           0.00     0.806412  %          0.00
R       76110FYT4           100.00           0.00     6.750000  %          0.00
M-1     76110FYU1    12,410,000.00  12,181,261.22     6.750000  %     12,142.98
M-2     76110FYV9     5,563,000.00   5,460,463.84     6.750000  %      5,443.30
M-3     76110FYW7     4,279,000.00   4,200,130.28     6.750000  %      4,186.93
B-1     76110FYX5     2,567,500.00   2,520,176.35     6.750000  %      2,512.26
B-2     76110FYY3     1,283,800.00   1,260,137.24     6.750000  %      1,256.18
B-3     76110FYZ0     1,711,695.86   1,606,681.67     6.750000  %      1,601.62

-------------------------------------------------------------------------------
                  427,918,417.16   328,901,088.65                  3,122,345.75
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       401,226.64  3,032,015.67            0.00       0.00     68,737,546.73
A-2       339,240.22    589,179.74            0.00       0.00     62,413,402.55
A-3       153,149.84    270,498.31            0.00       0.00     29,303,561.77
A-4       161,918.00    258,845.29            0.00       0.00     24,204,104.91
A-5       144,814.89    144,814.89            0.00       0.00     25,759,000.00
A-6       495,127.59    495,127.59            0.00       0.00     88,071,000.00
A-P             0.00        198.17            0.00       0.00         88,419.61
A-V       220,903.46    220,903.46            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        68,482.00     80,624.98            0.00       0.00     12,169,118.24
M-2        30,698.26     36,141.56            0.00       0.00      5,455,020.54
M-3        23,612.77     27,799.70            0.00       0.00      4,195,943.35
B-1        14,168.21     16,680.47            0.00       0.00      2,517,664.09
B-2         7,084.38      8,340.56            0.00       0.00      1,258,881.06
B-3         9,032.62     10,634.24            0.00       0.00      1,605,080.05

-------------------------------------------------------------------------------
        2,069,458.88  5,191,804.63            0.00       0.00    325,778,742.90
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     684.864269   25.245557     3.850248    29.095805   0.000000  659.618712
A-2     639.585017    2.551054     3.462518     6.013572   0.000000  637.033963
A-3     639.585005    2.551054     3.329344     5.880398   0.000000  637.033952
A-4     639.585003    2.551054     4.261561     6.812615   0.000000  637.033950
A-5    1000.000000    0.000000     5.621914     5.621914   0.000000 1000.000000
A-6    1000.000000    0.000000     5.621914     5.621914   0.000000 1000.000000
A-P     929.674480    2.078969     0.000000     2.078969   0.000000  927.595511
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     981.568189    0.978483     5.518292     6.496775   0.000000  980.589705
M-2     981.568190    0.978483     5.518292     6.496775   0.000000  980.589707
M-3     981.568189    0.978483     5.518292     6.496775   0.000000  980.589706
B-1     981.568199    0.978485     5.518290     6.496775   0.000000  980.589714
B-2     981.568188    0.978486     5.518289     6.496775   0.000000  980.589702
B-3     938.649037    0.935698     5.277001     6.212699   0.000000  937.713346

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:18                                        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                       68,157.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,580.45

SUBSERVICER ADVANCES THIS MONTH                                       41,710.17
MASTER SERVICER ADVANCES THIS MONTH                                    2,166.46


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   3,598,664.69

 (B)  TWO MONTHLY PAYMENTS:                                    7     614,744.05

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     798,932.40


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        802,455.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     325,778,742.90

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,580

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                 303,763.02

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,794,473.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                       40,876.27

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.71903350 %     6.64264800 %    1.63831840 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.64798420 %     6.69782256 %    1.65237490 %

      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                          7.88127157
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.11

POOL TRADING FACTOR:                                                76.13104037

 ................................................................................


Run:        09/25/00     08:22:43                                    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                  250,018,000.00 198,700,174.73     6.500000  %  1,618,010.08
NB                  150,029,000.00 114,759,977.08     6.500000  %  1,186,995.05
A-V                           0.00           0.00     0.992282  %          0.00
R                           100.00           0.00     6.500000  %          0.00
M-1                  14,626,000.00  14,350,045.22     6.500000  %     12,552.15
M-2                   5,377,000.00   5,275,549.93     6.500000  %      4,614.59
M-3                   4,517,000.00   4,431,775.92     6.500000  %      3,876.53
B-1                   2,581,000.00   2,532,303.21     6.500000  %      2,215.04
B-2                   1,290,500.00   1,266,151.58     6.500000  %      1,107.52
B-3                   1,720,903.67   1,388,103.40     6.500000  %      1,214.19

-------------------------------------------------------------------------------
                  430,159,503.67   342,704,081.07                  2,830,585.15
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB      1,076,046.88  2,694,056.96            0.00       0.00    197,082,164.65
NB        621,520.24  1,808,515.29            0.00       0.00    113,572,982.03
A-V       283,325.57    283,325.57            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        77,711.16     90,263.31            0.00       0.00     14,337,493.07
M-2        28,569.19     33,183.78            0.00       0.00      5,270,935.34
M-3        23,999.81     27,876.34            0.00       0.00      4,427,899.39
B-1        13,713.42     15,928.46            0.00       0.00      2,530,088.17
B-2         6,856.71      7,964.23            0.00       0.00      1,265,044.06
B-3         7,517.12      8,731.31            0.00       0.00      1,386,889.22

-------------------------------------------------------------------------------
        2,139,260.10  4,969,845.25            0.00       0.00    339,873,495.93
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      794.743477    6.471574     4.303878    10.775452   0.000000  788.271903
NB      764.918630    7.911771     4.142667    12.054438   0.000000  757.006859
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     981.132587    0.858208     5.313220     6.171428   0.000000  980.274379
M-2     981.132589    0.858209     5.313221     6.171430   0.000000  980.274380
M-3     981.132592    0.858209     5.313219     6.171428   0.000000  980.274383
B-1     981.132588    0.858210     5.313220     6.171430   0.000000  980.274378
B-2     981.132569    0.858210     5.313220     6.171430   0.000000  980.274359
B-3     806.613074    0.705554     4.368124     5.073678   0.000000  805.907526

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:43                                        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                       71,035.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,310.04

SUBSERVICER ADVANCES THIS MONTH                                       54,602.76
MASTER SERVICER ADVANCES THIS MONTH                                    5,452.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   4,595,809.30

 (B)  TWO MONTHLY PAYMENTS:                                    7     931,163.16

 (C)  THREE OR MORE MONTHLY PAYMENTS:                         11   1,731,935.83


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        382,837.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     339,873,495.93

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,498

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                 782,116.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,530,834.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.46671110 %     7.01986700 %    1.51342180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.40316920 %     7.07213951 %    1.52469120 %

      BANKRUPTCY AMOUNT AVAILABLE                         151,979.00
      FRAUD AMOUNT AVAILABLE                            3,751,851.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,751,851.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.79165400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.58

POOL TRADING FACTOR:                                                79.01103963


Run:     09/25/00     08:22:43                                        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                       45,035.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,454.36

SUBSERVICER ADVANCES THIS MONTH                                       36,246.67
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   3,022,761.32

 (B)  TWO MONTHLY PAYMENTS:                                    6     690,815.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     932,414.25


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        382,837.65

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     215,506,713.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,110

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                    1,445,401.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.50755060 %     0.00000000 %    1.51342180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.45059180 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         151,979.00
      FRAUD AMOUNT AVAILABLE                            3,751,851.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,751,851.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89857989
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              329.68

POOL TRADING FACTOR:                                                80.16256826


Run:     09/25/00     08:22:43                                        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                       26,000.38
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,855.68

SUBSERVICER ADVANCES THIS MONTH                                       18,356.09
MASTER SERVICER ADVANCES THIS MONTH                                    5,452.59


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,573,047.98

 (B)  TWO MONTHLY PAYMENTS:                                    1     240,347.31

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     799,521.58


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     124,366,782.67

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          388

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                 782,116.11

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,085,433.64

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.39608610 %     0.00000000 %    1.51342180 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.32099390 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         151,979.00
      FRAUD AMOUNT AVAILABLE                            3,751,851.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,751,851.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.60636969
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.13

POOL TRADING FACTOR:                                                77.09206515

 ................................................................................


Run:        09/25/00     08:22:18                                    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  88,079,478.26     6.500000  %    811,568.53
A-P     76110FZB2        32,286.88      28,901.19     0.000000  %        618.68
A-V     76110FZC0             0.00           0.00     0.743858  %          0.00
R       76110FZD8           100.00           0.00     6.500000  %          0.00
M-1     76110FZE6     3,276,000.00   3,043,891.55     6.500000  %     12,141.87
M-2     76110FZF3       517,300.00     480,648.69     6.500000  %      1,917.27
M-3     76110FZG1       459,700.00     427,129.73     6.500000  %      1,703.79
B-1     76110FZH9       344,800.00     320,370.50     6.500000  %      1,277.93
B-2     76110FZJ5       229,800.00     213,518.38     6.500000  %        851.71
B-3     76110FZK2       344,884.43     320,448.94     6.500000  %      1,278.25

-------------------------------------------------------------------------------
                  114,943,871.31    92,914,387.24                    831,358.03
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       476,334.78  1,287,903.31            0.00       0.00     87,267,909.73
A-P             0.00        618.68            0.00       0.00         28,282.51
A-V        57,503.86     57,503.86            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        16,461.40     28,603.27            0.00       0.00      3,031,749.68
M-2         2,599.35      4,516.62            0.00       0.00        478,731.42
M-3         2,309.92      4,013.71            0.00       0.00        425,425.94
B-1         1,732.57      3,010.50            0.00       0.00        319,092.57
B-2         1,154.71      2,006.42            0.00       0.00        212,666.67
B-3         1,733.00      3,011.25            0.00       0.00        319,170.69

-------------------------------------------------------------------------------
          559,829.59  1,391,187.62            0.00       0.00     92,083,029.21
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     802.626944    7.395443     4.340615    11.736058   0.000000  795.231501
A-P     895.137282   19.161963     0.000000    19.161963   0.000000  875.975319
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     929.148825    3.706310     5.024847     8.731157   0.000000  925.442515
M-2     929.148830    3.706302     5.024841     8.731143   0.000000  925.442529
M-3     929.148858    3.706308     5.024842     8.731150   0.000000  925.442550
B-1     929.148782    3.706294     5.024855     8.731149   0.000000  925.442488
B-2     929.148738    3.706310     5.024848     8.731158   0.000000  925.442428
B-3     929.148759    3.706314     5.024872     8.731186   0.000000  925.442445

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:18                                        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                       19,259.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,950.46

SUBSERVICER ADVANCES THIS MONTH                                        6,594.19
MASTER SERVICER ADVANCES THIS MONTH                                    1,551.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     8     669,756.85

 (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                                                      92,083,029.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,053

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                 152,870.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      460,729.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.82587860 %     4.25434600 %    0.91977540 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.80001070 %     4.27430230 %    0.92437380 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,031,018.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,254,202.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.57093786
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              150.97

POOL TRADING FACTOR:                                                80.11129968

 ................................................................................


Run:        09/25/00     08:22:44                                    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   3,061,261.75     6.500000  %    614,050.27
A-2     76110FZY2   100,000,000.00  72,657,182.73     6.500000  %  1,855,492.32
A-3     76110FZZ9    33,937,000.00  25,820,090.72     6.500000  %    550,816.06
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   200,070,000.00 159,466,602.99     6.500000  %  1,556,305.73
NB-1    76110FA78    73,215,000.00  53,209,961.34     6.500000  %    378,920.90
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      58,831.23     0.000000  %         72.79
A-V     76110FB77             0.00           0.00     0.944983  %          0.00
R       76110FB85           100.00           0.00     6.500000  %          0.00
M-1     76110FB93    19,207,000.00  18,893,186.64     6.500000  %     17,699.91
M-2     76110FC27     7,062,000.00   6,946,617.57     6.500000  %      6,507.87
M-3     76110FC35     5,932,000.00   5,835,080.11     6.500000  %      5,466.54
B-1     76110FC43     3,389,000.00   3,333,628.85     6.500000  %      3,123.08
B-2     76110FC50     1,694,000.00   1,666,322.61     6.500000  %      1,561.08
B-3     76110FC68     2,259,938.31   2,198,358.99     6.500000  %      2,059.51

-------------------------------------------------------------------------------
                  564,904,279.15   459,115,125.53                  4,992,076.06
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        16,578.93    630,629.20            0.00       0.00      2,447,211.48
A-2       393,490.94  2,248,983.26            0.00       0.00     70,801,690.41
A-3       139,834.37    690,650.43            0.00       0.00     25,269,274.66
A-4       135,393.00    135,393.00            0.00       0.00     25,000,000.00
A-5        77,558.52     77,558.52            0.00       0.00     14,321,000.00
A-6         3,915.57      3,915.57            0.00       0.00        723,000.00
A-7        81,235.80     81,235.80            0.00       0.00     15,000,000.00
A-8       129,977.27    129,977.27            0.00       0.00     24,000,000.00
CB        863,426.39  2,419,732.12            0.00       0.00    157,910,297.26
NB-1      288,178.46    667,099.36            0.00       0.00     52,831,040.44
NB-2       10,831.75     10,831.75            0.00       0.00      2,000,000.00
NB-3       25,590.01     25,590.01            0.00       0.00      4,725,000.00
NB-4       25,644.17     25,644.17            0.00       0.00      4,735,000.00
NB-5       15,164.45     15,164.45            0.00       0.00      2,800,000.00
NB-6       14,427.89     14,427.89            0.00       0.00      2,664,000.00
NB-7       54,158.75     54,158.75            0.00       0.00     10,000,000.00
A-P             0.00         72.79            0.00       0.00         58,758.44
A-V       361,453.73    361,453.73            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1       102,307.51    120,007.42            0.00       0.00     18,875,486.73
M-2        37,616.27     44,124.14            0.00       0.00      6,940,109.70
M-3        31,597.23     37,063.77            0.00       0.00      5,829,613.57
B-1        18,051.76     21,174.84            0.00       0.00      3,330,505.77
B-2         9,023.21     10,584.29            0.00       0.00      1,664,761.53
B-3        11,904.22     13,963.73            0.00       0.00      2,193,813.76

-------------------------------------------------------------------------------
        2,847,360.20  7,839,436.26            0.00       0.00    454,120,563.75
===============================================================================































Run:        09/25/00     08:22:44
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     252.787923   50.706050     1.369028    52.075078   0.000000  202.081873
A-2     726.571827   18.554923     3.934909    22.489832   0.000000  708.016904
A-3     760.824195   16.230547     4.120410    20.350957   0.000000  744.593649
A-4    1000.000000    0.000000     5.415720     5.415720   0.000000 1000.000000
A-5    1000.000000    0.000000     5.415719     5.415719   0.000000 1000.000000
A-6    1000.000000    0.000000     5.415720     5.415720   0.000000 1000.000000
A-7    1000.000000    0.000000     5.415720     5.415720   0.000000 1000.000000
A-8    1000.000000    0.000000     5.415720     5.415720   0.000000 1000.000000
CB      797.054046    7.778806     4.315621    12.094427   0.000000  789.275240
NB-1    726.763113    5.175454     3.936058     9.111512   0.000000  721.587659
NB-2   1000.000000    0.000000     5.415873     5.415873   0.000000 1000.000000
NB-3   1000.000000    0.000000     5.415874     5.415874   0.000000 1000.000000
NB-4   1000.000000    0.000000     5.415875     5.415875   0.000000 1000.000000
NB-5   1000.000000    0.000000     5.415875     5.415875   0.000000 1000.000000
NB-6   1000.000000    0.000000     5.415874     5.415874   0.000000 1000.000000
NB-7   1000.000000    0.000000     5.415875     5.415875   0.000000 1000.000000
A-P     976.600426    1.208323     0.000000     1.208323   0.000000  975.392103
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     983.661511    0.921534     5.326574     6.248108   0.000000  982.739977
M-2     983.661508    0.921534     5.326574     6.248108   0.000000  982.739975
M-3     983.661516    0.921534     5.326574     6.248108   0.000000  982.739982
B-1     983.661508    0.921534     5.326575     6.248109   0.000000  982.739973
B-2     983.661517    0.921535     5.326572     6.248107   0.000000  982.739982
B-3     972.751769    0.911312     5.267498     6.178810   0.000000  970.740551

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:44                                        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                       95,197.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,020.14

SUBSERVICER ADVANCES THIS MONTH                                       69,205.01
MASTER SERVICER ADVANCES THIS MONTH                                    1,367.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    39   4,163,362.32

 (B)  TWO MONTHLY PAYMENTS:                                   15   1,937,857.21

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          9   1,646,139.47


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      1,853,958.69

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     454,120,563.75

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,451

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                 186,156.42

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,535,595.89

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.52020400 %     6.89911600 %    1.56786610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.43552340 %     6.96846004 %    1.58307760 %

      BANKRUPTCY AMOUNT AVAILABLE                         206,283.00
      FRAUD AMOUNT AVAILABLE                            4,974,611.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,974,611.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.77266200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.99

POOL TRADING FACTOR:                                                80.38894031


Run:     09/25/00     08:22:44                                        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                       40,667.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,262.67

SUBSERVICER ADVANCES THIS MONTH                                       28,171.11
MASTER SERVICER ADVANCES THIS MONTH                                      401.23


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    16   2,097,088.26

 (B)  TWO MONTHLY PAYMENTS:                                    6     770,957.02

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     742,064.52


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        378,552.74

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,216,946.87

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,469

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                  51,220.98

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,809,187.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.54691450 %     0.00000000 %    1.56786610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.42465650 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         206,283.00
      FRAUD AMOUNT AVAILABLE                            4,974,611.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,974,611.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.75235812
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.82

POOL TRADING FACTOR:                                                80.23814203


Run:     09/25/00     08:22:44                                        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                       36,332.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,399.07

SUBSERVICER ADVANCES THIS MONTH                                       27,851.22
MASTER SERVICER ADVANCES THIS MONTH                                      966.74


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,066,274.06

 (B)  TWO MONTHLY PAYMENTS:                                    7     631,718.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     447,499.29


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        592,031.51

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     172,710,820.36

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,712

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                 134,935.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,419,494.15

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.50030850 %     0.00000000 %    1.56786610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.43045980 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         206,283.00
      FRAUD AMOUNT AVAILABLE                            4,974,611.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,974,611.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.91230297
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              330.45

POOL TRADING FACTOR:                                                80.27598053


Run:     09/25/00     08:22:44                                        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                       18,197.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,358.40

SUBSERVICER ADVANCES THIS MONTH                                       13,182.68
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    2     535,181.30

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     456,575.66


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        883,374.44

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      87,192,796.52

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          270

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                      306,914.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.49963450 %     0.00000000 %    1.56786610 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.46975850 %     0.00000000 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         206,283.00
      FRAUD AMOUNT AVAILABLE                            4,974,611.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,974,611.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.54129038
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.46

POOL TRADING FACTOR:                                                80.95346749

 ................................................................................


Run:        09/25/00     08:22:21                                    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   2,516,357.22     6.500000  %  2,516,357.22
A-2     76110FC92    25,000,000.00  25,000,000.00     6.500000  %      5,371.10
A-3     76110FD26    25,001,570.00  24,540,969.53     6.500000  %     20,680.21
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  %     26,193.54
A-P     76110FD67        16,409.82      15,708.76     0.000000  %         17.12
A-V     76110FD75             0.00           0.00     1.046797  %          0.00
R       76110FD83           100.00           0.00     6.500000  %          0.00
M-1     76110FD91     9,141,000.00   8,978,445.25     6.500000  %      7,565.97
M-2     76110FE25     3,360,700.00   3,300,936.55     6.500000  %      2,781.64
M-3     76110FE33     2,823,000.00   2,772,798.48     6.500000  %      2,336.59
B-1     76110FE41     1,613,200.00   1,584,512.39     6.500000  %      1,335.24
B-2     76110FE58       806,600.00     792,256.20     6.500000  %        667.62
B-3     76110FE66     1,075,021.18   1,042,686.64     6.500000  %        878.64

-------------------------------------------------------------------------------
                  268,851,631.00   221,035,701.02                  2,584,184.89
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        13,628.32  2,529,985.54            0.00       0.00              0.00
A-2       135,397.32    140,768.42            0.00       0.00     24,994,628.90
A-3       132,911.26    153,591.47            0.00       0.00     24,520,289.32
A-4        13,406.19     13,406.19            0.00       0.00      2,475,344.00
A-5        75,958.06     75,958.06            0.00       0.00     14,025,030.00
A-6       725,679.02    751,872.56            0.00       0.00    133,964,462.46
A-P             0.00         17.12            0.00       0.00         15,691.64
A-V       192,788.66    192,788.66            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        48,626.30     56,192.27            0.00       0.00      8,970,879.28
M-2        17,877.52     20,659.16            0.00       0.00      3,298,154.91
M-3        15,017.18     17,353.77            0.00       0.00      2,770,461.89
B-1         8,581.55      9,916.79            0.00       0.00      1,583,177.15
B-2         4,290.78      4,958.40            0.00       0.00        791,588.58
B-3         5,647.08      6,525.72            0.00       0.00      1,041,808.00

-------------------------------------------------------------------------------
        1,389,809.24  3,973,994.13            0.00       0.00    218,451,516.13
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1      50.811890   50.811890     0.275192    51.087082   0.000000    0.000000
A-2    1000.000000    0.214844     5.415893     5.630737   0.000000  999.785156
A-3     981.577138    0.827156     5.316117     6.143273   0.000000  980.749982
A-4    1000.000000    0.000000     5.415890     5.415890   0.000000 1000.000000
A-5    1000.000000    0.000000     5.415893     5.415893   0.000000 1000.000000
A-6    1000.000000    0.195488     5.415893     5.611381   0.000000  999.804512
A-P     957.278020    1.043278     0.000000     1.043278   0.000000  956.234742
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     982.216962    0.827696     5.319582     6.147278   0.000000  981.389266
M-2     982.216964    0.827697     5.319582     6.147279   0.000000  981.389267
M-3     982.216961    0.827697     5.319582     6.147279   0.000000  981.389263
B-1     982.216954    0.827697     5.319582     6.147279   0.000000  981.389257
B-2     982.216960    0.827697     5.319588     6.147285   0.000000  981.389264
B-3     969.921951    0.817333     5.252994     6.070327   0.000000  969.104627

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:21                                        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                       45,670.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,006.18

SUBSERVICER ADVANCES THIS MONTH                                       36,491.59
MASTER SERVICER ADVANCES THIS MONTH                                    4,043.63


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,876,874.93

 (B)  TWO MONTHLY PAYMENTS:                                    5   1,451,106.17

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     642,774.44


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        187,249.16

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     218,451,516.13

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,638

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                 577,164.44

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,397,919.20

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.64254990 %     6.81032500 %    1.54712490 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.55080450 %     6.88459222 %    1.56410870 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            2,364,452.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,364,452.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.87372204
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              332.68

POOL TRADING FACTOR:                                                81.25355807

 ................................................................................


Run:        09/25/00     08:22:21                                    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           0.00     6.500000  %          0.00
A-2     76110FE74    95,030,000.00  88,729,781.72     6.500000  %  1,794,979.90
A-3     76110FE82   135,727,000.00 106,501,004.44     6.500000  %  2,154,487.01
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      26,162.17     0.000000  %         26.76
A-V     76110FF81             0.00           0.00     1.028106  %          0.00
R       76110FF99           100.00           0.00     6.500000  %          0.00
M-1     76110FG23    10,297,000.00  10,136,133.42     6.500000  %      8,468.63
M-2     76110FG31     3,861,100.00   3,800,779.34     6.500000  %      3,175.51
M-3     76110FG49     3,378,500.00   3,325,718.84     6.500000  %      2,778.60
B-1     76110FG56     1,930,600.00   1,900,438.89     6.500000  %      1,587.80
B-2     76110FG64       965,300.00     950,219.44     6.500000  %        793.90
B-3     76110FG72     1,287,113.52   1,254,644.93     6.500000  %      1,048.24

-------------------------------------------------------------------------------
                  321,757,386.08   267,820,883.19                  3,967,346.35
===============================================================================
_______________________________________________________________________________
                                                                      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       480,503.57  2,275,483.47            0.00       0.00     86,934,801.82
A-3       576,741.11  2,731,228.12            0.00       0.00    104,346,517.43
A-4        20,567.53     20,567.53            0.00       0.00      3,798,000.00
A-5        28,262.75     28,262.75            0.00       0.00      5,219,000.00
A-6         4,998.79      4,998.79            0.00       0.00      1,000,000.00
A-7         5,831.92      5,831.92            0.00       0.00      1,000,000.00
A-8        43,339.11     43,339.11            0.00       0.00      8,003,000.00
A-9       174,244.58    174,244.58            0.00       0.00     32,176,000.00
A-P             0.00         26.76            0.00       0.00         26,135.41
A-V       229,401.44    229,401.44            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        54,890.80     63,359.43            0.00       0.00     10,127,664.79
M-2        20,582.58     23,758.09            0.00       0.00      3,797,603.83
M-3        18,009.96     20,788.56            0.00       0.00      3,322,940.24
B-1        10,291.55     11,879.35            0.00       0.00      1,898,851.09
B-2         5,145.78      5,939.68            0.00       0.00        949,425.54
B-3         6,794.35      7,842.59            0.00       0.00      1,227,367.06

-------------------------------------------------------------------------------
        1,679,605.82  5,646,952.17            0.00       0.00    263,827,307.21
===============================================================================













































Run:        09/25/00     08:22:21
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       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-2     933.702849   18.888560     5.056336    23.944896   0.000000  914.814288
A-3     784.670732   15.873680     4.249273    20.122953   0.000000  768.797052
A-4    1000.000000    0.000000     5.415358     5.415358   0.000000 1000.000000
A-5    1000.000000    0.000000     5.415357     5.415357   0.000000 1000.000000
A-6    1000.000000    0.000000     4.998790     4.998790   0.000000 1000.000000
A-7    1000.000000    0.000000     5.831920     5.831920   0.000000 1000.000000
A-8    1000.000000    0.000000     5.415358     5.415358   0.000000 1000.000000
A-9    1000.000000    0.000000     5.415359     5.415359   0.000000 1000.000000
A-P     733.397603    0.750156     0.000000     0.750156   0.000000  732.647447
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     984.377335    0.822437     5.330757     6.153194   0.000000  983.554899
M-2     984.377338    0.822437     5.330755     6.153192   0.000000  983.554902
M-3     984.377339    0.822436     5.330756     6.153192   0.000000  983.554903
B-1     984.377339    0.822439     5.330752     6.153191   0.000000  983.554900
B-2     984.377333    0.822439     5.330757     6.153196   0.000000  983.554895
B-3     974.774105    0.814411     5.278750     6.093161   0.000000  953.581050

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:22                                        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                       55,347.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,352.77

SUBSERVICER ADVANCES THIS MONTH                                       58,811.97
MASTER SERVICER ADVANCES THIS MONTH                                      179.58


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    31   5,073,544.25

 (B)  TWO MONTHLY PAYMENTS:                                    3     694,453.21

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     927,191.17


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      1,603,683.24

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     263,827,307.21

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,992

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                  24,139.20

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,548,843.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.02077820 %     6.44621800 %    1.53300380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.91669530 %     6.53768901 %    1.54496800 %

      BANKRUPTCY AMOUNT AVAILABLE                         102,858.00
      FRAUD AMOUNT AVAILABLE                            5,652,626.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,826,313.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.85609267
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              334.22

POOL TRADING FACTOR:                                                81.99572679

 ................................................................................


Run:        09/25/00     08:22:22                                    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   167,033,000.00 135,729,390.76     6.500000  %  1,952,066.57
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  37,948,521.54     6.500000  %    439,724.23
A-5     76110FJ79    60,600,000.00  26,753,802.94     6.500000  %  2,110,620.20
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  46,861,446.47     6.500000  %     39,961.00
A-P     76110FK36        12,443.31      10,884.11     0.000000  %         13.18
A-V     76110FK44             0.00           0.00     1.008368  %          0.00
R       76110FK51           100.00           0.00     6.500000  %          0.00
M-1     76110FK69    16,301,800.00  16,074,057.87     6.500000  %     13,707.12
M-2     76110FK77     6,113,300.00   6,027,894.98     6.500000  %      5,140.27
M-3     76110FK85     5,349,000.00   5,274,272.51     6.500000  %      4,497.62
B-1     76110FK93     3,056,500.00   3,013,799.58     6.500000  %      2,570.01
B-2     76110FL27     1,528,300.00   1,506,949.07     6.500000  %      1,285.05
B-3     76110FL35     2,037,744.61   1,971,429.81     6.500000  %      1,681.14

-------------------------------------------------------------------------------
                  509,426,187.92   436,039,449.64                  4,571,266.39
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       734,964.22  2,687,030.79            0.00       0.00    133,777,324.19
A-2        48,804.71     48,804.71            0.00       0.00      9,013,000.00
A-3       139,997.42    139,997.42            0.00       0.00     25,854,000.00
A-4       205,488.33    645,212.56            0.00       0.00     37,508,797.31
A-5       144,869.78  2,255,489.98            0.00       0.00     24,643,182.74
A-6       541,492.32    541,492.32            0.00       0.00    100,000,000.00
A-7       108,298.46    108,298.46            0.00       0.00     20,000,000.00
A-8       253,751.14    293,712.14            0.00       0.00     46,821,485.47
A-P             0.00         13.18            0.00       0.00         10,870.93
A-V       366,289.03    366,289.03            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        87,039.78    100,746.90            0.00       0.00     16,060,350.75
M-2        32,640.59     37,780.86            0.00       0.00      6,022,754.71
M-3        28,559.78     33,057.40            0.00       0.00      5,269,774.89
B-1        16,319.50     18,889.51            0.00       0.00      3,011,229.57
B-2         8,160.01      9,445.06            0.00       0.00      1,505,664.02
B-3        10,675.14     12,356.28            0.00       0.00      1,969,748.67

-------------------------------------------------------------------------------
        2,727,350.21  7,298,616.60            0.00       0.00    431,468,183.25
===============================================================================















































Run:        09/25/00     08:22:22
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     812.590271   11.686712     4.400114    16.086826   0.000000  800.903559
A-2    1000.000000    0.000000     5.414924     5.414924   0.000000 1000.000000
A-3    1000.000000    0.000000     5.414923     5.414923   0.000000 1000.000000
A-4     843.300479    9.771649     4.566407    14.338056   0.000000  833.528829
A-5     441.481897   34.828716     2.390590    37.219306   0.000000  406.653181
A-6    1000.000000    0.000000     5.414923     5.414923   0.000000 1000.000000
A-7    1000.000000    0.000000     5.414923     5.414923   0.000000 1000.000000
A-8     985.996307    0.840806     5.339094     6.179900   0.000000  985.155501
A-P     874.695720    1.059204     0.000000     1.059204   0.000000  873.636516
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     986.029633    0.840835     5.339274     6.180109   0.000000  985.188798
M-2     986.029637    0.840834     5.339275     6.180109   0.000000  985.188803
M-3     986.029634    0.840834     5.339275     6.180109   0.000000  985.188800
B-1     986.029635    0.840834     5.339277     6.180111   0.000000  985.188801
B-2     986.029621    0.840836     5.339272     6.180108   0.000000  985.188785
B-3     967.456766    0.824995     5.238704     6.063699   0.000000  966.631764

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:22                                        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                       90,394.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    17,651.40

SUBSERVICER ADVANCES THIS MONTH                                       69,449.52
MASTER SERVICER ADVANCES THIS MONTH                                      436.63


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    48   5,872,492.15

 (B)  TWO MONTHLY PAYMENTS:                                    9   1,303,038.43

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     670,638.97


FORECLOSURES
  NUMBER OF LOANS                                                            12
  AGGREGATE PRINCIPAL BALANCE                                      1,844,601.37

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     431,468,183.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        3,734

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                  59,522.48

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,199,430.76

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.23252640 %     6.27853900 %    1.48893420 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.15692450 %     6.33948954 %    1.50342620 %

      BANKRUPTCY AMOUNT AVAILABLE                         181,971.00
      FRAUD AMOUNT AVAILABLE                            4,559,310.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   4,559,310.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.83818759
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              333.34

POOL TRADING FACTOR:                                                84.69689888

 ................................................................................


Run:        09/25/00     08:22:22                                    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   200,000,000.00 169,788,494.43     6.250000  %  2,251,069.47
A-P     76110FH22        33,549.74      30,192.71     0.000000  %        133.40
A-V     76110FH30             0.00           0.00     0.894890  %          0.00
R       76110FH48           100.00           0.00     6.250000  %          0.00
M-1     76110FH55     5,865,400.00   5,526,220.66     6.250000  %     21,393.82
M-2     76110FH63       942,600.00     888,092.12     6.250000  %      3,438.10
M-3     76110FH71       942,600.00     888,092.12     6.250000  %      3,438.10
B-1     76110FH89       628,400.00     592,061.42     6.250000  %      2,292.07
B-2     76110FH97       523,700.00     493,415.92     6.250000  %      1,910.18
B-3     76110FJ20       523,708.79     493,424.21     6.250000  %      1,910.20

-------------------------------------------------------------------------------
                  209,460,058.53   178,699,993.59                  2,285,585.34
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       883,400.44  3,134,469.91            0.00       0.00    167,537,424.96
A-P             0.00        133.40            0.00       0.00         30,059.31
A-V       133,126.26    133,126.26            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        28,752.63     50,146.45            0.00       0.00      5,504,826.84
M-2         4,620.70      8,058.80            0.00       0.00        884,654.02
M-3         4,620.70      8,058.80            0.00       0.00        884,654.02
B-1         3,080.46      5,372.53            0.00       0.00        589,769.35
B-2         2,567.21      4,477.39            0.00       0.00        491,505.74
B-3         2,567.26      4,477.46            0.00       0.00        491,514.01

-------------------------------------------------------------------------------
        1,062,735.66  3,348,321.00            0.00       0.00    176,414,408.25
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     848.942472   11.255347     4.417002    15.672349   0.000000  837.687125
A-P     899.938718    3.976186     0.000000     3.976186   0.000000  895.962532
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     942.172854    3.647461     4.902075     8.549536   0.000000  938.525393
M-2     942.172841    3.647464     4.902079     8.549543   0.000000  938.525377
M-3     942.172841    3.647464     4.902079     8.549543   0.000000  938.525377
B-1     942.172852    3.647470     4.902069     8.549539   0.000000  938.525382
B-2     942.172847    3.647470     4.902062     8.549532   0.000000  938.525377
B-3     942.172863    3.647466     4.902075     8.549541   0.000000  938.525416

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:22                                        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                       37,084.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,080.21

SUBSERVICER ADVANCES THIS MONTH                                       38,402.74
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    31   2,971,137.25

 (B)  TWO MONTHLY PAYMENTS:                                    6     556,673.34

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     453,243.38


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     176,414,408.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,879

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,593,762.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.02920670 %     4.08709500 %    0.88369810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.98429200 %     4.12332244 %    0.89168290 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            1,872,766.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,872,766.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.47547065
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              154.37

POOL TRADING FACTOR:                                                84.22341209

 ................................................................................


Run:        09/25/00     08:22:46                                    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   166,515,517.00 144,757,175.36     7.250000  %    949,432.72
CB-P    76110FL68    12,334,483.00  10,722,753.95     0.000000  %     70,328.35
NB-1    76110FL76    36,987,960.00  27,787,642.61     6.750000  %    479,114.49
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  10,640,719.46     6.750000  %    565,500.28
NB-5    76110FM34    24,546,330.00  24,546,330.00     6.750000  %          0.00
A-P     76110FM42       248,854.76     205,702.49     0.000000  %        254.33
A-V     76110FM59             0.00           0.00     0.792505  %          0.00
R       76110FM67           100.00           0.00     6.750000  %          0.00
M-1     76110FM75     9,620,300.00   9,499,719.31     6.750000  %      7,833.40
M-2     76110FM83     3,848,100.00   3,799,867.98     6.750000  %      3,133.34
M-3     76110FM91     3,256,100.00   3,215,288.09     6.750000  %      2,651.30
B-1     76110FN25     1,924,100.00   1,899,983.36     6.750000  %      1,566.71
B-2     76110FN33       888,100.00     876,968.59     6.750000  %        723.14
B-3     76110FN41     1,183,701.20   1,169,010.24     6.750000  %        963.96

-------------------------------------------------------------------------------
                  296,006,355.96   252,273,871.44                  2,081,502.02
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1      874,425.84  1,823,858.56            0.00       0.00    143,807,742.64
CB-P            0.00     70,328.35            0.00       0.00     10,652,425.60
NB-1      156,034.30    635,148.79            0.00       0.00     27,308,528.12
NB-2       19,844.26     19,844.26            0.00       0.00      3,534,000.00
NB-3       54,011.37     54,011.37            0.00       0.00      9,618,710.00
NB-4       59,750.20    625,250.48            0.00       0.00     10,075,219.18
NB-5      137,833.55    137,833.55            0.00       0.00     24,546,330.00
A-P             0.00        254.33            0.00       0.00        205,448.16
A-V       166,492.39    166,492.39            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        53,392.63     61,226.03            0.00       0.00      9,491,885.91
M-2        21,356.95     24,490.29            0.00       0.00      3,796,734.64
M-3        18,071.35     20,722.65            0.00       0.00      3,212,636.79
B-1        10,678.75     12,245.46            0.00       0.00      1,898,416.65
B-2         4,928.95      5,652.09            0.00       0.00        876,245.45
B-3         6,570.35      7,534.31            0.00       0.00      1,168,046.27

-------------------------------------------------------------------------------
        1,583,390.89  3,664,892.91            0.00       0.00    250,192,369.41
===============================================================================
















































Run:        09/25/00     08:22:46
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    869.331447    5.701767     5.251317    10.953084   0.000000  863.629680
CB-P    869.331447    5.701767     0.000000     5.701767   0.000000  863.629680
NB-1    751.261832   12.953255     4.218516    17.171771   0.000000  738.308577
NB-2   1000.000000    0.000000     5.615241     5.615241   0.000000 1000.000000
NB-3   1000.000000    0.000000     5.615241     5.615241   0.000000 1000.000000
NB-4    494.917184   26.302339     2.779079    29.081418   0.000000  468.614846
NB-5   1000.000000    0.000000     5.615241     5.615241   0.000000 1000.000000
A-P     826.596566    1.022007     0.000000     1.022007   0.000000  825.574559
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     987.466016    0.814257     5.549996     6.364253   0.000000  986.651758
M-2     987.466017    0.814256     5.549999     6.364255   0.000000  986.651761
M-3     987.466015    0.814256     5.549998     6.364254   0.000000  986.651758
B-1     987.466015    0.814256     5.549997     6.364253   0.000000  986.651759
B-2     987.466040    0.814255     5.549994     6.364249   0.000000  986.651785
B-3     987.588962    0.814361     5.550683     6.365044   0.000000  986.774594

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:46                                        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                       52,279.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    13,270.11

SUBSERVICER ADVANCES THIS MONTH                                       47,953.26
MASTER SERVICER ADVANCES THIS MONTH                                    3,598.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   4,712,820.74

 (B)  TWO MONTHLY PAYMENTS:                                    4     420,231.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     627,513.62


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        762,286.36

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     250,192,369.41

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,867

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                 489,866.48

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,873,711.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.88281580 %     6.54640700 %    1.56415810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.82198590 %     6.59542790 %    1.57716590 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            2,610,952.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,610,952.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.86509300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.23

POOL TRADING FACTOR:                                                84.52263418


Run:     09/25/00     08:22:46                                        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                       35,121.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,774.32

SUBSERVICER ADVANCES THIS MONTH                                       43,200.17
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    32   4,039,580.93

 (B)  TWO MONTHLY PAYMENTS:                                    4     420,231.94

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     627,513.62


FORECLOSURES
  NUMBER OF LOANS                                                             6
  AGGREGATE PRINCIPAL BALANCE                                        762,286.36

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     167,813,972.08

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,656

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                      894,765.84

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.12014600 %     6.54640700 %    1.56415810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.07811610 %     6.59542790 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            2,610,952.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,610,952.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.95690612
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              336.76

POOL TRADING FACTOR:                                                87.21879170


Run:     09/25/00     08:22:46                                        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                       17,157.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,495.79

SUBSERVICER ADVANCES THIS MONTH                                        4,753.09
MASTER SERVICER ADVANCES THIS MONTH                                    3,598.98


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     673,239.81

 (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                                                      82,378,397.33

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          211

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                 489,866.48

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      978,946.07

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.40188030 %     6.54640700 %    1.56415810 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.29953080 %     6.59542790 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            2,610,952.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,610,952.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.67805984
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              335.16

POOL TRADING FACTOR:                                                79.51536401

 ................................................................................


Run:        09/25/00     08:22:46                                    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   226,382,557.00 199,218,217.18     7.000000  %  2,087,042.00
CB-P    76110FN66    17,414,043.00  15,324,478.38     0.000000  %    160,541.69
NB-1    76110FN74   114,280,000.00  92,390,662.79     6.500000  %  1,226,902.34
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      46,579.31     0.000000  %      1,599.77
A-V     76110FP31             0.00           0.00     0.990326  %          0.00
R       76110FP49           100.00           0.00     6.500000  %          0.00
M-1     76110FP56    12,871,500.00  12,715,937.24     6.500000  %     13,523.41
M-2     76110FP64     4,826,800.00   4,768,464.10     6.500000  %      5,071.26
M-3     76110FP72     4,223,400.00   4,172,356.71     6.500000  %      4,437.30
B-1     76110FP80     2,413,400.00   2,384,232.05     6.500000  %      2,535.63
B-2     76110FP98     1,206,800.00   1,192,214.81     6.500000  %      1,267.92
B-3     76110FQ22     1,608,966.42   1,534,188.05     6.500000  %      1,631.60

-------------------------------------------------------------------------------
                  402,235,002.10   350,707,430.62                  3,504,552.92
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1    1,161,600.12  3,248,642.12            0.00       0.00    197,131,175.18
CB-P            0.00    160,541.69            0.00       0.00     15,163,936.69
NB-1      500,393.95  1,727,296.29            0.00       0.00     91,163,760.45
NB-2       20,776.03     20,776.03            0.00       0.00      3,836,000.00
NB-3       71,081.00     71,081.00            0.00       0.00     13,124,100.00
A-P             0.00      1,599.77            0.00       0.00         44,979.54
A-V       289,334.55    289,334.55            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        68,852.21     82,375.62            0.00       0.00     12,702,413.83
M-2        25,819.51     30,890.77            0.00       0.00      4,763,392.84
M-3        22,591.81     27,029.11            0.00       0.00      4,167,919.41
B-1        12,909.76     15,445.39            0.00       0.00      2,381,696.42
B-2         6,455.41      7,723.33            0.00       0.00      1,190,946.89
B-3         8,307.08      9,938.68            0.00       0.00      1,472,452.32

-------------------------------------------------------------------------------
        2,188,121.43  5,692,674.35            0.00       0.00    347,142,773.57
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB-1    880.006922    9.219094     5.131138    14.350232   0.000000  870.787828
CB-P    880.006922    9.219093     0.000000     9.219093   0.000000  870.787829
NB-1    808.458722   10.735932     4.378666    15.114598   0.000000  797.722790
NB-2   1000.000000    0.000000     5.416066     5.416066   0.000000 1000.000000
NB-3   1000.000000    0.000000     5.416067     5.416067   0.000000 1000.000000
A-P     984.021144   33.796307     0.000000    33.796307   0.000000  950.224837
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     987.914170    1.050648     5.349199     6.399847   0.000000  986.863523
M-2     987.914167    1.050646     5.349198     6.399844   0.000000  986.863520
M-3     987.914171    1.050646     5.349200     6.399846   0.000000  986.863525
B-1     987.914167    1.050646     5.349200     6.399846   0.000000  986.863520
B-2     987.914161    1.050646     5.349196     6.399842   0.000000  986.863515
B-3     953.523971    1.014067     5.162992     6.177059   0.000000  915.154165

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:46                                        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                       72,523.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    14,215.27

SUBSERVICER ADVANCES THIS MONTH                                       52,670.68
MASTER SERVICER ADVANCES THIS MONTH                                    3,721.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   3,761,966.43

 (B)  TWO MONTHLY PAYMENTS:                                    7     525,052.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7     958,696.54


FORECLOSURES
  NUMBER OF LOANS                                                            11
  AGGREGATE PRINCIPAL BALANCE                                      1,953,099.55

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     347,142,773.57

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,447

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                 507,928.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,890,186.54

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                       86,966.52

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.36658640 %     6.17516400 %    1.45723600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.31374500 %     6.23193905 %    1.45350840 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,996.00
      FRAUD AMOUNT AVAILABLE                            3,585,896.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,585,896.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.82003900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              337.93

POOL TRADING FACTOR:                                                86.30347229


Run:     09/25/00     08:22:46                                        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                       47,950.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,759.44

SUBSERVICER ADVANCES THIS MONTH                                       29,553.11
MASTER SERVICER ADVANCES THIS MONTH                                    3,721.20


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,041,400.29

 (B)  TWO MONTHLY PAYMENTS:                                    7     525,052.50

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     513,996.59


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                        769,241.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     229,629,668.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,090

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                 507,928.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,948,046.11

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                       86,966.52

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.51617350 %     6.17516400 %    1.45723600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.45806360 %     6.23193905 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,996.00
      FRAUD AMOUNT AVAILABLE                            3,585,896.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,585,896.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.89956630
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              337.03

POOL TRADING FACTOR:                                                87.83128194


Run:     09/25/00     08:22:46                                        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                       24,573.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,455.83

SUBSERVICER ADVANCES THIS MONTH                                       23,117.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     6   1,720,566.14

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     444,699.95


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                      1,183,857.89

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     117,513,105.07

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          357

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                      942,140.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.07450250 %     6.17516400 %    1.45723600 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.03169020 %     6.23193906 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         131,996.00
      FRAUD AMOUNT AVAILABLE                            3,585,896.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,585,896.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.66463546
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              339.69

POOL TRADING FACTOR:                                                83.46638100

 ................................................................................


Run:        09/25/00     08:22:24                                    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   260,286,000.00 213,974,441.52     6.750000  %  3,700,144.37
A-2     76110FQ48    15,420,000.00  14,256,176.65     6.750000  %     86,684.54
A-3     76110FQ55    35,050,000.00  35,050,000.00     6.750000  %          0.00
A-4     76110FQ63    14,250,000.00  15,413,823.35     6.750000  %          0.00
A-P     76110FQ89        91,079.98      88,806.14     0.000000  %         95.67
A-V     76110FQ97             0.00           0.00     0.848442  %          0.00
R       76110FQ71           100.00           0.00     6.750000  %          0.00
M-1     76110FR21    12,969,000.00  12,804,351.18     6.750000  %     18,452.08
M-2     76110FR39     4,206,600.00   4,153,194.83     6.750000  %      5,985.08
M-3     76110FR47     3,680,500.00   3,633,773.95     6.750000  %      5,236.55
B-1     76110FR54     2,103,100.00   2,076,399.95     6.750000  %      2,992.26
B-2     76110FR62     1,051,600.00   1,038,249.33     6.750000  %      1,496.20
B-3     76110FR70     1,402,095.46   1,341,095.43     6.750000  %      1,932.62

-------------------------------------------------------------------------------
                  350,510,075.44   303,830,312.33                  3,823,019.37
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,203,353.26  4,903,497.63            0.00       0.00    210,274,297.15
A-2        80,174.14    166,858.68            0.00       0.00     14,169,492.11
A-3       197,114.81    197,114.81            0.00       0.00     35,050,000.00
A-4             0.00          0.00       86,684.54       0.00     15,500,507.89
A-P             0.00         95.67            0.00       0.00         88,710.47
A-V       214,773.62    214,773.62            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        72,009.34     90,461.42            0.00       0.00     12,785,899.10
M-2        23,356.81     29,341.89            0.00       0.00      4,147,209.75
M-3        20,435.68     25,672.23            0.00       0.00      3,628,537.40
B-1        11,677.30     14,669.56            0.00       0.00      2,073,407.69
B-2         5,838.92      7,335.12            0.00       0.00      1,036,753.13
B-3         7,542.07      9,474.69            0.00       0.00      1,339,162.81

-------------------------------------------------------------------------------
        1,836,275.95  5,659,295.32       86,684.54       0.00    300,093,977.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     822.074339   14.215687     4.623196    18.838883   0.000000  807.858652
A-2     924.525075    5.621565     5.199361    10.820926   0.000000  918.903509
A-3    1000.000000    0.000000     5.623818     5.623818   0.000000 1000.000000
A-4    1081.671814    0.000000     0.000000     0.000000   6.083126 1087.754940
A-P     975.034689    1.050395     0.000000     1.050395   0.000000  973.984294
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     987.304432    1.422784     5.552420     6.975204   0.000000  985.881649
M-2     987.304434    1.422783     5.552420     6.975203   0.000000  985.881650
M-3     987.304429    1.422782     5.552420     6.975202   0.000000  985.881647
B-1     987.304432    1.422785     5.552423     6.975208   0.000000  985.881646
B-2     987.304422    1.422784     5.552415     6.975199   0.000000  985.881638
B-3     956.493668    1.378380     5.379142     6.757522   0.000000  955.115289

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:24                                        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                       62,899.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    10,478.84

SUBSERVICER ADVANCES THIS MONTH                                       48,510.17
MASTER SERVICER ADVANCES THIS MONTH                                    4,103.80


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   4,034,080.90

 (B)  TWO MONTHLY PAYMENTS:                                    4     546,664.35

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     861,878.56


FORECLOSURES
  NUMBER OF LOANS                                                             8
  AGGREGATE PRINCIPAL BALANCE                                      1,351,232.02

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     300,093,977.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,320

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                 572,756.18

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    3,298,537.09

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                      196,371.04

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.75382220 %     6.77922500 %    1.46695290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.66315640 %     6.85173572 %    1.48308180 %

      BANKRUPTCY AMOUNT AVAILABLE                         134,666.00
      FRAUD AMOUNT AVAILABLE                            3,115,480.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   3,115,480.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.92425865
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              338.97

POOL TRADING FACTOR:                                                85.61636270

 ................................................................................


Run:        09/25/00     08:22:24                                    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  88,673,122.40     6.500000  %    891,454.88
A-P     76110FR96       122,858.97     116,319.16     0.000000  %        458.86
A-V     76110FS20             0.00           0.00     0.685385  %          0.00
R       76110FS38           100.00           0.00     6.500000  %          0.00
M-1     76110FS46     2,563,600.00   2,444,330.35     6.500000  %      9,012.97
M-2     76110FS53       575,400.00     548,629.93     6.500000  %      2,022.96
M-3     76110FS61       470,800.00     448,896.38     6.500000  %      1,655.21
B-1     76110FS79       313,900.00     299,296.03     6.500000  %      1,103.59
B-2     76110FS87       261,600.00     249,429.24     6.500000  %        919.72
B-3     76110FS95       261,601.59     249,430.76     6.500000  %        919.72

-------------------------------------------------------------------------------
                  104,617,860.56    93,029,454.25                    907,547.91
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       480,003.75  1,371,458.63            0.00       0.00     87,781,667.52
A-P             0.00        458.86            0.00       0.00        115,860.30
A-V        53,100.02     53,100.02            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        13,231.60     22,244.57            0.00       0.00      2,435,317.38
M-2         2,969.84      4,992.80            0.00       0.00        546,606.97
M-3         2,429.96      4,085.17            0.00       0.00        447,241.17
B-1         1,620.15      2,723.74            0.00       0.00        298,192.44
B-2         1,350.21      2,269.93            0.00       0.00        248,509.52
B-3         1,350.21      2,269.93            0.00       0.00        248,511.04

-------------------------------------------------------------------------------
          556,055.74  1,463,603.65            0.00       0.00     92,121,906.34
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     886.305797    8.910272     4.797735    13.708007   0.000000  877.395525
A-P     946.769780    3.734851     0.000000     3.734851   0.000000  943.034929
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     953.475718    3.515747     5.161336     8.677083   0.000000  949.959970
M-2     953.475721    3.515746     5.161349     8.677095   0.000000  949.959976
M-3     953.475743    3.515739     5.161342     8.677081   0.000000  949.960004
B-1     953.475725    3.515737     5.161357     8.677094   0.000000  949.959987
B-2     953.475688    3.515749     5.161353     8.677102   0.000000  949.959939
B-3     953.475703    3.515728     5.161322     8.677050   0.000000  949.959975

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:25                                        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                       19,339.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     5,464.21

SUBSERVICER ADVANCES THIS MONTH                                        8,941.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     7     845,896.48

 (B)  TWO MONTHLY PAYMENTS:                                    1      85,160.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1      25,953.21


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      92,121,906.34

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          954

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                      564,493.63

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         95.43658420 %     3.70438100 %    0.85903470 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            95.40858600 %     3.72242136 %    0.86430520 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                              954,907.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,338,340.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.50451049
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              158.88

POOL TRADING FACTOR:                                                88.05562057

 ................................................................................


Run:        09/25/00     08:22:25                                    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   165,986,000.00 143,135,639.34     7.000000  %  1,804,905.10
A-2     76110FT37    10,215,000.00   9,449,597.07     7.000000  %     61,306.25
A-3     76110FT45    27,081,000.00  27,081,000.00     7.000000  %          0.00
A-4     76110FT52     9,750,000.00  10,515,402.93     7.000000  %          0.00
A-5     76110FT60    37,000,000.00  31,725,389.08     7.000000  %    416,631.16
A-P     76110FT78       469,164.61     453,435.93     0.000000  %        610.11
A-V     76110FT86             0.00           0.00     0.744026  %          0.00
R       76110FT94           100.00           0.00     7.000000  %          0.00
M-1     76110FU27    10,698,000.00  10,579,326.68     7.000000  %      8,226.67
M-2     76110FU35     3,250,000.00   3,213,947.61     7.000000  %      2,499.22
M-3     76110FU43     2,843,700.00   2,812,154.73     7.000000  %      2,186.78
B-1     76110FU50     1,624,500.00   1,606,479.36     7.000000  %      1,249.23
B-2     76110FU68       812,400.00     803,388.00     7.000000  %        624.73
B-3     76110FU76     1,083,312.85   1,071,295.62     7.000000  %        833.05

-------------------------------------------------------------------------------
                  270,813,177.46   242,447,056.35                  2,299,072.30
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       834,500.58  2,639,405.68            0.00       0.00    141,330,734.24
A-2        55,092.46    116,398.71            0.00       0.00      9,388,290.82
A-3       157,885.98    157,885.98            0.00       0.00     27,081,000.00
A-4             0.00          0.00       61,306.25       0.00     10,576,709.18
A-5       184,963.41    601,594.57            0.00       0.00     31,308,757.92
A-P             0.00        610.11            0.00       0.00        452,825.82
A-V       150,240.04    150,240.04            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        61,678.94     69,905.61            0.00       0.00     10,571,100.01
M-2        18,737.76     21,236.98            0.00       0.00      3,211,448.39
M-3        16,395.26     18,582.04            0.00       0.00      2,809,967.95
B-1         9,366.00     10,615.23            0.00       0.00      1,605,230.13
B-2         4,683.86      5,308.59            0.00       0.00        802,763.27
B-3         6,245.80      7,078.85            0.00       0.00      1,070,462.57

-------------------------------------------------------------------------------
        1,499,790.09  3,798,862.39       61,306.25       0.00    240,209,290.30
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     862.335615   10.873839     5.027536    15.901375   0.000000  851.461775
A-2     925.070687    6.001591     5.393290    11.394881   0.000000  919.069096
A-3    1000.000000    0.000000     5.830138     5.830138   0.000000 1000.000000
A-4    1078.502865    0.000000     0.000000     0.000000   6.287821 1084.790685
A-5     857.442948   11.260302     4.999011    16.259313   0.000000  846.182647
A-P     966.475135    1.300418     0.000000     1.300418   0.000000  965.174718
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     988.906962    0.768991     5.765465     6.534456   0.000000  988.137971
M-2     988.906957    0.768991     5.765465     6.534456   0.000000  988.137966
M-3     988.906963    0.768991     5.765468     6.534459   0.000000  988.137972
B-1     988.906962    0.768994     5.765466     6.534460   0.000000  988.137969
B-2     988.906942    0.768993     5.765460     6.534453   0.000000  988.137949
B-3     988.906963    0.768993     5.765463     6.534456   0.000000  988.137979

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:25                                        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                       50,207.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     8,513.40

SUBSERVICER ADVANCES THIS MONTH                                       37,887.72
MASTER SERVICER ADVANCES THIS MONTH                                      782.96


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   3,360,420.65

 (B)  TWO MONTHLY PAYMENTS:                                    3     578,447.85

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8     987,827.29


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        230,250.75

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     240,209,290.30

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,764

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       1

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                 102,229.01

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,049,155.58

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.69953660 %     6.86192800 %    1.43853500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.62860010 %     6.90752482 %    1.45082890 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            2,425,842.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,425,842.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.05703692
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              340.28

POOL TRADING FACTOR:                                                88.69926218

 ................................................................................


Run:        09/25/00     08:22:25                                    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   268,170,000.00 233,052,088.00     7.250000  %  4,367,105.50
A-2     76110FV42    24,330,000.00  24,330,000.00     7.250000  %          0.00
A-3     76110FV59    32,602,000.00  32,242,737.06     7.250000  %     23,856.84
A-P     76110FV67     1,164,452.78   1,110,516.16     0.000000  %      1,313.60
A-V     76110FV75             0.00           0.00     0.643395  %          0.00
R       76110FV83           100.00           0.00     7.250000  %          0.00
M-1     76110FV91    13,932,800.00  13,779,265.28     7.250000  %     10,195.47
M-2     76110FW25     4,232,700.00   4,186,057.08     7.250000  %      3,097.32
M-3     76110FW33     3,703,600.00   3,662,787.58     7.250000  %      2,710.15
B-1     76110FU84     2,116,400.00   2,093,078.00     7.250000  %      1,548.70
B-2     76110FU92     1,058,200.00   1,046,538.99     7.250000  %        774.35
B-3     76110FV26     1,410,899.63   1,395,352.02     7.250000  %      1,032.42

-------------------------------------------------------------------------------
                  352,721,152.41   316,898,420.17                  4,411,634.35
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1     1,407,235.14  5,774,340.64            0.00       0.00    228,684,982.50
A-2       146,911.50    146,911.50            0.00       0.00     24,330,000.00
A-3       194,690.87    218,547.71            0.00       0.00     32,218,880.22
A-P             0.00      1,313.60            0.00       0.00      1,109,202.56
A-V       169,813.96    169,813.96            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        83,203.15     93,398.62            0.00       0.00     13,769,069.81
M-2        25,276.61     28,373.93            0.00       0.00      4,182,959.76
M-3        22,116.96     24,827.11            0.00       0.00      3,660,077.43
B-1        12,638.60     14,187.30            0.00       0.00      2,091,529.30
B-2         6,319.30      7,093.65            0.00       0.00      1,045,764.64
B-3         8,425.53      9,457.95            0.00       0.00      1,394,319.60

-------------------------------------------------------------------------------
        2,076,631.62  6,488,265.97            0.00       0.00    312,486,785.82
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     869.046083   16.284840     5.247549    21.532389   0.000000  852.761243
A-2    1000.000000    0.000000     6.038286     6.038286   0.000000 1000.000000
A-3     988.980340    0.731760     5.971746     6.703506   0.000000  988.248581
A-P     953.680715    1.128084     0.000000     1.128084   0.000000  952.552632
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R         0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     988.980340    0.731760     5.971747     6.703507   0.000000  988.248580
M-2     988.980339    0.731760     5.971746     6.703506   0.000000  988.248579
M-3     988.980338    0.731761     5.971746     6.703507   0.000000  988.248577
B-1     988.980344    0.731761     5.971744     6.703505   0.000000  988.248583
B-2     988.980335    0.731761     5.971744     6.703505   0.000000  988.248573
B-3     988.980357    0.731753     5.971743     6.703496   0.000000  988.248611

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:25                                        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                       66,434.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     7,268.00

SUBSERVICER ADVANCES THIS MONTH                                       48,762.33
MASTER SERVICER ADVANCES THIS MONTH                                    1,938.12


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    35   4,342,753.66

 (B)  TWO MONTHLY PAYMENTS:                                    4     554,015.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     188,758.60


FORECLOSURES
  NUMBER OF LOANS                                                             9
  AGGREGATE PRINCIPAL BALANCE                                      1,559,816.66

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     312,486,785.82

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        2,413

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                 262,727.61

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    4,176,970.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.71498380 %     6.84893600 %    1.43608070 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.60385270 %     6.91616669 %    1.45534350 %

      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                          8.19011862
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.70

POOL TRADING FACTOR:                                                88.59315175

 ................................................................................


Run:        09/25/00     08:22:47                                    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   131,664,000.00 120,351,517.17     7.500000  %  1,639,362.72
NB-1    76110FX81    57,150,000.00  46,309,521.46     7.500000  %    801,310.86
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   1,328,737.93     0.000000  %      4,428.07
A-V     76110FY49             0.00           0.00     0.607409  %          0.00
R       76110FY56           100.00           0.00     7.500000  %          0.00
M-1     76110FY64     8,041,000.00   7,974,919.47     7.500000  %      5,667.96
M-2     76110FY72     2,608,000.00   2,586,567.58     7.500000  %      1,838.33
M-3     76110FY80     2,282,000.00   2,263,246.64     7.500000  %      1,608.54
B-1     76110FY98     1,304,000.00   1,293,283.79     7.500000  %        919.17
B-2     76110FZ22       652,000.00     646,641.90     7.500000  %        459.58
B-3     76110FZ30       869,417.87     862,276.52     7.500000  %        612.84

-------------------------------------------------------------------------------
                  217,318,364.92   194,999,712.46                  2,456,208.07
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        752,033.53  2,391,396.25            0.00       0.00    118,712,154.45
NB-1      289,396.57  1,090,707.43            0.00       0.00     45,508,210.60
NB-2       24,890.49     24,890.49            0.00       0.00      3,983,000.00
NB-3       46,243.94     46,243.94            0.00       0.00      7,400,000.00
A-P             0.00      4,428.07            0.00       0.00      1,324,309.86
A-V        98,685.10     98,685.10            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        49,833.07     55,501.03            0.00       0.00      7,969,251.51
M-2        16,162.75     18,001.08            0.00       0.00      2,584,729.25
M-3        14,142.40     15,750.94            0.00       0.00      2,261,638.10
B-1         8,081.37      9,000.54            0.00       0.00      1,292,364.62
B-2         4,040.68      4,500.26            0.00       0.00        646,182.32
B-3         5,388.13      6,000.97            0.00       0.00        861,663.69

-------------------------------------------------------------------------------
        1,308,898.03  3,765,106.10            0.00       0.00    192,543,504.40
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      914.080669   12.451108     5.711763    18.162871   0.000000  901.629561
NB-1    810.315336   14.021187     5.063807    19.084994   0.000000  796.294149
NB-2   1000.000000    0.000000     6.249182     6.249182   0.000000 1000.000000
NB-3   1000.000000    0.000000     6.249181     6.249181   0.000000 1000.000000
A-P     973.543468    3.244367     0.000000     3.244367   0.000000  970.299101
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     991.782051    0.704882     6.197372     6.902254   0.000000  991.077168
M-2     991.782048    0.704881     6.197373     6.902254   0.000000  991.077166
M-3     991.782051    0.704882     6.197371     6.902253   0.000000  991.077169
B-1     991.782048    0.704885     6.197370     6.902255   0.000000  991.077163
B-2     991.782055    0.704877     6.197362     6.902239   0.000000  991.077178
B-3     991.786056    0.704885     6.197400     6.902285   0.000000  991.081176

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:47                                        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                       40,367.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,031.40

SUBSERVICER ADVANCES THIS MONTH                                       36,378.62
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    20   2,445,658.02

 (B)  TWO MONTHLY PAYMENTS:                                    4     887,407.96

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6   1,057,690.08


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        223,247.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     192,543,504.40

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,457

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                    2,317,392.13

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.93119360 %     6.57679600 %    1.43702890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.83354500 %     6.65596012 %    1.46439830 %

      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                          8.37090000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.61

POOL TRADING FACTOR:                                                88.59973913


Run:     09/25/00     08:22:47                                        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                       27,131.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       696.08

SUBSERVICER ADVANCES THIS MONTH                                       20,255.25
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    18   1,858,065.68

 (B)  TWO MONTHLY PAYMENTS:                                    3     240,651.52

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          4     226,565.85


FORECLOSURES
  NUMBER OF LOANS                                                             3
  AGGREGATE PRINCIPAL BALANCE                                        223,247.04

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     129,645,063.46

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,273

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                    1,556,891.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.14653140 %     6.57679600 %    1.43702890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.05191190 %     6.65596012 %    0.00000000 %

      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                          8.43580088
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              341.62

POOL TRADING FACTOR:                                                90.84140866


Run:     09/25/00     08:22:47                                        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                       13,235.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,335.32

SUBSERVICER ADVANCES THIS MONTH                                       16,123.37
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     587,592.34

 (B)  TWO MONTHLY PAYMENTS:                                    1     646,756.44

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     831,124.23


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      62,898,440.94

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          184

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                      760,500.69

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.48520290 %     6.57679600 %    1.43702890 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.38120870 %     6.65596011 %    0.00000000 %

      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                          8.23712722
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.65

POOL TRADING FACTOR:                                                84.31139051

 ................................................................................


Run:        09/25/00     08:22:47                                    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  67,900,351.58     7.000000  %    532,894.67
NB      76110FW58    25,183,000.00  20,997,804.93     7.000000  %    475,584.63
A-P     76110FW66       994,755.29     889,819.03     0.000000  %      6,264.71
A-V     76110FW74             0.00           0.00     0.519261  %          0.00
R       76110FW82           100.00           0.00     7.000000  %          0.00
M-1     76110FW90     3,503,000.00   3,379,501.54     7.000000  %     11,848.88
M-2     76110FX24       531,000.00     512,279.56     7.000000  %      1,796.11
M-3     76110FX32       477,700.00     460,858.66     7.000000  %      1,615.82
B-1     76110FX40       318,400.00     307,174.79     7.000000  %      1,076.99
B-2     76110FX57       212,300.00     204,815.36     7.000000  %        718.10
B-3     76110FX65       265,344.67     255,937.41     7.000000  %        897.32

-------------------------------------------------------------------------------
                  106,129,599.96    94,908,542.86                  1,032,697.23
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        395,711.77    928,606.44            0.00       0.00     67,367,456.91
NB        122,403.00    597,987.63            0.00       0.00     20,522,220.30
A-P             0.00      6,264.71            0.00       0.00        883,554.32
A-V        41,032.32     41,032.32            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        19,695.08     31,543.96            0.00       0.00      3,367,652.66
M-2         2,985.47      4,781.58            0.00       0.00        510,483.45
M-3         2,685.79      4,301.61            0.00       0.00        459,242.84
B-1         1,790.15      2,867.14            0.00       0.00        306,097.80
B-2         1,193.63      1,911.73            0.00       0.00        204,097.26
B-3         1,491.56      2,388.88            0.00       0.00        255,040.06

-------------------------------------------------------------------------------
          588,988.77  1,621,686.00            0.00       0.00     93,875,845.60
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      909.655854    7.139149     5.301321    12.440470   0.000000  902.516705
NB      833.808717   18.885146     4.860541    23.745687   0.000000  814.923572
A-P     894.510478    6.297741     0.000000     6.297741   0.000000  888.212737
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     964.744944    3.382495     5.622347     9.004842   0.000000  961.362449
M-2     964.744934    3.382505     5.622354     9.004859   0.000000  961.362429
M-3     964.744945    3.382499     5.622336     9.004835   0.000000  961.362445
B-1     964.744943    3.382506     5.622330     9.004836   0.000000  961.362437
B-2     964.744984    3.382478     5.622374     9.004852   0.000000  961.362506
B-3     964.547017    3.381715     5.621217     9.002932   0.000000  961.165193

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:48                                        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                       19,671.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,080.40

SUBSERVICER ADVANCES THIS MONTH                                       15,591.38
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   1,520,032.77

 (B)  TWO MONTHLY PAYMENTS:                                    1      43,314.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         62,606.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      93,875,845.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          950

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                      699,854.38

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.55367280 %     4.58614100 %    0.80912380 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.51286340 %     4.62033543 %    0.82290170 %

      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                          7.77146700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              161.85

POOL TRADING FACTOR:                                                88.45397103


Run:     09/25/00     08:22:48                                        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                       15,009.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     4,080.40

SUBSERVICER ADVANCES THIS MONTH                                       10,766.81
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    10   1,009,154.30

 (B)  TWO MONTHLY PAYMENTS:                                    1      43,314.81

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                         62,606.59

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      71,667,257.11

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          881

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                      299,566.95

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.67499230 %     4.62954600 %    0.81678150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.65278520 %     4.66423494 %    0.00000000 %

      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                          7.85814914
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              162.06

POOL TRADING FACTOR:                                                90.56805067


Run:     09/25/00     08:22:48                                        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                        4,662.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                        4,824.57
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     2     510,878.47

 (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                                                      22,208,588.49

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           69

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                      400,287.43

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.16348460 %     4.62954600 %    0.81678150 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.05644380 %     4.66423497 %    0.00000000 %

      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                          7.49174404
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              161.18

POOL TRADING FACTOR:                                                82.25780208

 ................................................................................


Run:        09/25/00     08:22:48                                    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   158,406,900.00 144,060,303.18     8.000000  %  1,954,278.67
CB-P    76110FZ55     5,109,900.00   4,647,106.56     0.000000  %     63,041.25
NB      76110FZ63    86,842,100.00  74,635,656.10     7.750000  %    982,979.32
A-P     76110FZ71     1,432,398.79   1,292,594.39     0.000000  %      1,436.86
A-V     76110FZ89             0.00           0.00     0.531812  %          0.00
R       76110FZ97           100.00           0.00     7.750000  %          0.00
M-1     76110F2A0    11,328,000.00  11,220,780.87     7.750000  %      7,760.99
M-2     76110F2B8     3,411,900.00   3,379,606.49     7.750000  %      2,337.55
M-3     76110F2C6     2,866,000.00   2,838,873.41     7.750000  %      1,963.54
B-1     76110F2D4     1,637,700.00   1,622,199.22     7.750000  %      1,122.01
B-2     76110F2E2       818,900.00     811,149.13     7.750000  %        561.04
B-3     76110F2F9     1,091,849.28   1,077,968.97     7.750000  %        745.59

-------------------------------------------------------------------------------
                  272,945,748.07   245,586,238.32                  3,016,226.82
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB-1      960,173.51  2,914,452.18            0.00       0.00    142,106,024.51
CB-P            0.00     63,041.25            0.00       0.00      4,584,065.31
NB        481,892.56  1,464,871.88            0.00       0.00     73,652,676.78
A-P             0.00      1,436.86            0.00       0.00      1,291,157.53
A-V       108,811.09    108,811.09            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        72,448.17     80,209.16            0.00       0.00     11,213,019.88
M-2        21,820.80     24,158.35            0.00       0.00      3,377,268.94
M-3        18,329.49     20,293.03            0.00       0.00      2,836,909.87
B-1        10,473.90     11,595.91            0.00       0.00      1,621,077.21
B-2         5,237.27      5,798.31            0.00       0.00        810,588.09
B-3         6,960.02      7,705.61            0.00       0.00      1,077,223.39

-------------------------------------------------------------------------------
        1,686,146.81  4,702,373.63            0.00       0.00    242,570,011.51
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB-1    909.431996   12.337080     6.061437    18.398517   0.000000  897.094915
CB-P    909.431997   12.337081     0.000000    12.337081   0.000000  897.094916
NB      859.440941   11.319156     5.549066    16.868222   0.000000  848.121784
A-P     902.398410    1.003113     0.000000     1.003113   0.000000  901.395297
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     990.535034    0.685116     6.395495     7.080611   0.000000  989.849919
M-2     990.535036    0.685117     6.395498     7.080615   0.000000  989.849919
M-3     990.535035    0.685115     6.395495     7.080610   0.000000  989.849920
B-1     990.535031    0.685113     6.395494     7.080607   0.000000  989.849918
B-2     990.535023    0.685114     6.395494     7.080608   0.000000  989.849908
B-3     987.287339    0.682869     6.374525     7.057394   0.000000  986.604477

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:48                                        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                       50,786.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,608.46

SUBSERVICER ADVANCES THIS MONTH                                       59,770.86
MASTER SERVICER ADVANCES THIS MONTH                                    4,825.29


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    34   4,283,450.74

 (B)  TWO MONTHLY PAYMENTS:                                    7     959,459.03

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7   1,232,573.76


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        700,005.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     242,570,011.51

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,924

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                 607,178.34

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,846,277.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.42401830 %     7.10107400 %    1.42976960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.32286690 %     7.18439950 %    1.45428770 %

      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                          8.55749000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.60

POOL TRADING FACTOR:                                                88.87114499


Run:     09/25/00     08:22:48                                        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                       33,726.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     2,965.65

SUBSERVICER ADVANCES THIS MONTH                                       34,212.13
MASTER SERVICER ADVANCES THIS MONTH                                      893.82


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   2,676,979.28

 (B)  TWO MONTHLY PAYMENTS:                                    6     626,197.10

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          5     267,770.71


FORECLOSURES
  NUMBER OF LOANS                                                             5
  AGGREGATE PRINCIPAL BALANCE                                        700,005.47

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     161,001,685.25

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,680

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                 110,384.12

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    1,916,887.44

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.56268000 %     7.10107400 %    1.42976960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.46185030 %     7.18439950 %    0.00000000 %

      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                          8.64327605
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              342.14

POOL TRADING FACTOR:                                                90.45419306


Run:     09/25/00     08:22:48                                        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                       17,059.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,642.81

SUBSERVICER ADVANCES THIS MONTH                                       25,558.73
MASTER SERVICER ADVANCES THIS MONTH                                    3,931.47


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     5   1,606,471.46

 (B)  TWO MONTHLY PAYMENTS:                                    1     333,261.93

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     964,803.05


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      81,568,326.26

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          244

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                 496,794.22

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                      929,389.96

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.14898570 %     7.10107400 %    1.42976960 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.04731050 %     7.18439950 %    0.00000000 %

      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                          8.38816433
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              343.50

POOL TRADING FACTOR:                                                85.90367712

 ................................................................................


Run:        09/25/00     08:22:27                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14(POOL #  4410)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4410
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F2G7   138,880,000.00 121,958,962.53     7.500000  %  2,204,831.33
A-2     76110F2H5    27,776,000.00  24,391,792.50     7.220000  %    440,966.26
A-3     76110F2J1             0.00           0.00     1.780000  %          0.00
A-4     76110F2K8    11,426,000.00  11,426,000.00     7.750000  %          0.00
A-5     76110F2L6    21,743,000.00  21,743,000.00     7.750000  %          0.00
A-P     76110F2M4       865,434.18     810,155.30     0.000000  %        839.16
A-V     76110F2N2             0.00           0.00     0.571315  %          0.00
R-I     76110F2P7           100.00           0.00     7.750000  %          0.00
R-II    76110F2Q5           100.00           0.00     7.750000  %          0.00
M-1     76110F2R3     8,698,000.00   8,645,949.33     7.750000  %      5,826.51
M-2     76110F2S1     2,718,000.00   2,701,734.91     7.750000  %      1,820.70
M-3     76110F2T9     2,391,800.00   2,377,486.96     7.750000  %      1,602.19
B-1     76110F2U6     1,413,400.00   1,404,941.92     7.750000  %        946.79
B-2     76110F2V4       652,300.00     648,396.50     7.750000  %        436.95
B-3     76110F2W2       869,779.03     864,574.08     7.750000  %        582.64

-------------------------------------------------------------------------------
                  217,433,913.21   196,972,994.03                  2,657,852.53
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       762,092.45  2,966,923.78            0.00       0.00    119,754,131.20
A-2       146,728.19    587,694.45            0.00       0.00     23,950,826.24
A-3        36,173.99     36,173.99            0.00       0.00              0.00
A-4        73,778.29     73,778.29            0.00       0.00     11,426,000.00
A-5       140,395.71    140,395.71            0.00       0.00     21,743,000.00
A-P             0.00        839.16            0.00       0.00        809,316.14
A-V        93,759.35     93,759.35            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        55,827.35     61,653.86            0.00       0.00      8,640,122.82
M-2        17,445.24     19,265.94            0.00       0.00      2,699,914.21
M-3        15,351.56     16,953.75            0.00       0.00      2,375,884.77
B-1         9,071.78     10,018.57            0.00       0.00      1,403,995.13
B-2         4,186.73      4,623.68            0.00       0.00        647,959.55
B-3         5,582.60      6,165.24            0.00       0.00        863,991.44

-------------------------------------------------------------------------------
        1,360,393.24  4,018,245.77            0.00       0.00    194,315,141.50
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     878.160733   15.875802     5.487417    21.363219   0.000000  862.284931
A-2     878.160732   15.875801     5.282553    21.158354   0.000000  862.284931
A-3       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-4    1000.000000    0.000000     6.457053     6.457053   0.000000 1000.000000
A-5    1000.000000    0.000000     6.457053     6.457053   0.000000 1000.000000
A-P     936.125841    0.969640     0.000000     0.969640   0.000000  935.156201
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     994.015789    0.669868     6.418412     7.088280   0.000000  993.345921
M-2     994.015787    0.669868     6.418411     7.088279   0.000000  993.345920
M-3     994.015787    0.669868     6.418413     7.088281   0.000000  993.345919
B-1     994.015792    0.669867     6.418410     7.088277   0.000000  993.345925
B-2     994.015790    0.669860     6.418412     7.088272   0.000000  993.345930
B-3     994.015779    0.669871     6.418412     7.088283   0.000000  993.345908

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:27                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14 (POOL #  4410)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4410
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,843.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                       893.74

SUBSERVICER ADVANCES THIS MONTH                                       27,239.02
MASTER SERVICER ADVANCES THIS MONTH                                      949.62


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    12   1,982,216.29

 (B)  TWO MONTHLY PAYMENTS:                                    2     132,099.08

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     792,424.71


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        662,222.88

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,315,141.50

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,516

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                 121,109.41

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,524,972.78

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.51567960 %     6.99682500 %    1.48749500 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.40497820 %     7.05859651 %    1.50690350 %

      BANKRUPTCY AMOUNT AVAILABLE                         175,000.00
      FRAUD AMOUNT AVAILABLE                            4,348,678.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,174,339.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.60999666
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              344.67

POOL TRADING FACTOR:                                                89.36744900

 ................................................................................


Run:        09/25/00     08:22:27                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS15(POOL #  4416)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4416
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F2X0   112,000,000.00 100,333,114.21     7.000000  %  3,427,277.18
A-2     76110F2Y8    20,028,000.00  20,028,000.00     7.750000  %          0.00
A-3     76110F2Z5    48,000,000.00  42,999,906.08     7.070000  %  1,468,833.07
A-4     76110F3A9             0.00           0.00     2.430000  %          0.00
A-5     76110F3B7    20,253,000.00  20,111,946.95     7.750000  %     12,660.80
A-P     76110F3C5       242,044.80     239,771.95     0.000000  %        218.66
A-V     76110F3D3             0.00           0.00     0.717697  %          0.00
R-I     76110F3E1           100.00           0.00     7.750000  %          0.00
R-II    76110F3F8           100.00           0.00     7.750000  %          0.00
M-1     76110F3G6     8,695,000.00   8,634,443.22     7.750000  %      5,435.53
M-2     76110F3H4     2,825,900.00   2,806,218.88     7.750000  %      1,766.56
M-3     76110F3J0     2,391,000.00   2,374,347.75     7.750000  %      1,494.69
B-1     76110F3K7     1,412,900.00   1,403,059.80     7.750000  %        883.25
B-2     76110F3L5       652,100.00     647,558.41     7.750000  %        407.65
B-3     76110F3M3       869,572.62     863,516.43     7.750000  %        543.59

-------------------------------------------------------------------------------
                  217,369,717.42   200,441,883.68                  4,919,520.98
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       585,119.06  4,012,396.24            0.00       0.00     96,905,837.03
A-2       129,312.71    129,312.71            0.00       0.00     20,028,000.00
A-3       253,272.96  1,722,106.03            0.00       0.00     41,531,073.01
A-4        87,051.39     87,051.39            0.00       0.00              0.00
A-5       129,854.72    142,515.52            0.00       0.00     20,099,286.15
A-P             0.00        218.66            0.00       0.00        239,553.29
A-V       119,848.22    119,848.22            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        55,749.11     61,184.64            0.00       0.00      8,629,007.69
M-2        18,118.62     19,885.18            0.00       0.00      2,804,452.32
M-3        15,330.21     16,824.90            0.00       0.00      2,372,853.06
B-1         9,058.99      9,942.24            0.00       0.00      1,402,176.55
B-2         4,181.02      4,588.67            0.00       0.00        647,150.76
B-3         5,575.38      6,118.97            0.00       0.00        862,972.84

-------------------------------------------------------------------------------
        1,412,472.39  6,331,993.37            0.00       0.00    195,522,362.70
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     895.831377   30.600689     5.224277    35.824966   0.000000  865.230688
A-2    1000.000000    0.000000     6.456596     6.456596   0.000000 1000.000000
A-3     895.831377   30.600689     5.276520    35.877209   0.000000  865.230688
A-4       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-5     993.035449    0.625132     6.411629     7.036761   0.000000  992.410317
A-P     990.609796    0.903386     0.000000     0.903386   0.000000  989.706410
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     993.035448    0.625133     6.411629     7.036762   0.000000  992.410315
M-2     993.035451    0.625132     6.411628     7.036760   0.000000  992.410319
M-3     993.035445    0.625132     6.411631     7.036763   0.000000  992.410314
B-1     993.035459    0.625133     6.411629     7.036762   0.000000  992.410326
B-2     993.035439    0.625134     6.411624     7.036758   0.000000  992.410305
B-3     993.035441    0.625112     6.411632     7.036744   0.000000  992.410318

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:27                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS15 (POOL #  4416)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4416
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       41,353.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       39,507.11
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   2,771,518.70

 (B)  TWO MONTHLY PAYMENTS:                                    3     537,094.89

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7   1,007,012.82


FORECLOSURES
  NUMBER OF LOANS                                                             2
  AGGREGATE PRINCIPAL BALANCE                                        729,017.86

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     195,522,362.70

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,408

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                    4,793,294.14

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.64387210 %     6.90053200 %    1.45559640 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.43876860 %     7.06124501 %    1.49132440 %

      BANKRUPTCY AMOUNT AVAILABLE                         130,054.00
      FRAUD AMOUNT AVAILABLE                            4,247,394.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,173,697.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.77795874
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              346.24

POOL TRADING FACTOR:                                                89.94921879

 ................................................................................


Run:        09/25/00     08:22:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1(POOL #  4420)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4420
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
CB      76110F3N1   130,396,000.00 120,653,145.44     7.750000  %    860,355.76
NB-1    76110F3P6    58,661,000.00  46,673,334.62     7.750000  %    661,851.54
NB-2    76110F3Q4     4,186,000.00   4,186,000.00     7.750000  %          0.00
NB-3    76110F3R2     6,983,000.00   6,983,000.00     7.750000  %          0.00
A-P     76110F3S0       496,620.41     488,190.72     0.000000  %        477.73
A-V     76110F3T8             0.00           0.00     0.631814  %          0.00
R       76110F3U5           100.00           0.00     7.750000  %          0.00
M-1     76110F3V3     9,273,000.00   9,229,281.36     7.750000  %      6,006.07
M-2     76110F3W1     3,273,000.00   3,257,569.05     7.750000  %      2,119.90
M-3     76110F3X9     2,073,000.00   2,063,226.61     7.750000  %      1,342.67
B-1     76110F3Y7     1,309,100.00   1,302,928.10     7.750000  %        847.90
B-2     76110F3Z4       654,500.00     651,414.29     7.750000  %        423.92
B-3     76110F4A8       872,717.76     868,604.13     7.750000  %        565.25

-------------------------------------------------------------------------------
                  218,178,038.17   196,356,694.32                  1,533,990.74
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        779,021.16  1,639,376.92            0.00       0.00    119,792,789.68
NB-1      301,381.56    963,233.10            0.00       0.00     46,011,483.08
NB-2       27,030.06     27,030.06            0.00       0.00      4,186,000.00
NB-3       45,091.00     45,091.00            0.00       0.00      6,983,000.00
A-P             0.00        477.73            0.00       0.00        487,712.99
A-V       103,360.91    103,360.91            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        59,591.30     65,597.37            0.00       0.00      9,223,275.29
M-2        21,033.36     23,153.26            0.00       0.00      3,255,449.15
M-3        13,321.77     14,664.44            0.00       0.00      2,061,883.94
B-1         8,412.70      9,260.60            0.00       0.00      1,302,080.20
B-2         4,206.03      4,629.95            0.00       0.00        650,990.37
B-3         5,608.38      6,173.63            0.00       0.00        868,038.87

-------------------------------------------------------------------------------
        1,368,058.23  2,902,048.97            0.00       0.00    194,822,703.57
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      925.282566    6.598023     5.974272    12.572295   0.000000  918.684543
NB-1    795.645056   11.282650     5.137682    16.420332   0.000000  784.362406
NB-2   1000.000000    0.000000     6.457253     6.457253   0.000000 1000.000000
NB-3   1000.000000    0.000000     6.457253     6.457253   0.000000 1000.000000
A-P     983.025889    0.961959     0.000000     0.961959   0.000000  982.063930
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     995.285383    0.647694     6.426324     7.074018   0.000000  994.637689
M-2     995.285380    0.647693     6.426324     7.074017   0.000000  994.637687
M-3     995.285388    0.647694     6.426324     7.074018   0.000000  994.637694
B-1     995.285387    0.647697     6.426323     7.074020   0.000000  994.637690
B-2     995.285393    0.647701     6.426325     7.074026   0.000000  994.637693
B-3     995.286414    0.647689     6.426339     7.074028   0.000000  994.638711

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL #  4420)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       41,067.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     9,591.38

SUBSERVICER ADVANCES THIS MONTH                                       41,921.05
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   2,242,440.23

 (B)  TWO MONTHLY PAYMENTS:                                    4     798,216.01

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          9   1,562,613.30


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        771,265.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,822,703.57

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,470

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                    1,406,182.53

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.13026180 %     7.41002300 %    1.43766250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.06608760 %     7.46350816 %    1.45167340 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,363,561.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,181,780.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.68906100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              346.59

POOL TRADING FACTOR:                                                89.29528618


Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL #  4420)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       27,630.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     6,041.54

SUBSERVICER ADVANCES THIS MONTH                                       31,605.36
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   2,242,440.23

 (B)  TWO MONTHLY PAYMENTS:                                    2     187,183.83

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          7     829,982.16


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        771,265.13

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     131,260,397.97

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,285

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                      782,502.91

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.43682280 %     7.41002300 %    1.43766250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.38570630 %     7.46350816 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,363,561.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,181,780.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.79098415
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              345.66

POOL TRADING FACTOR:                                                92.48169373


Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL #  4420)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       13,437.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,549.84

SUBSERVICER ADVANCES THIS MONTH                                       10,315.69
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    2     611,032.18

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2     732,631.14


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      63,562,305.60

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          185

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                      623,679.62

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         90.49737690 %     7.41002300 %    1.43766250 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            90.40368370 %     7.46350817 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            4,363,561.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,181,780.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.47858331
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.50

POOL TRADING FACTOR:                                                83.36388157

 ................................................................................


Run:        09/25/00     08:22:29                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL #  4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4425
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F4B6    15,000,000.00  11,824,262.04     7.750000  %    594,064.91
A-2     76110F4C4    83,021,000.00  71,478,039.45     7.750000  %  2,159,267.52
A-3     76110F4D2    25,652,000.00  25,652,000.00     7.750000  %          0.00
A-4     76110F4E0    17,862,000.00  17,862,000.00     7.750000  %          0.00
A-5     76110F4F7    17,150,000.00  17,150,000.00     7.750000  %          0.00
A-6     76110F4G5    20,000,000.00  20,000,000.00     7.750000  %          0.00
A-7     76110F4H3    21,888,000.00  21,888,000.00     7.750000  %          0.00
A-P     76110F4J9       250,505.68     248,473.76     0.000000  %      1,653.16
R-I     76110F4K6           100.00           0.00     7.750000  %          0.00
R-II    76110F4L4           100.00           0.00     7.750000  %          0.00
M-1     76110F4M2     9,850,100.00   9,815,075.18     7.750000  %      6,058.29
M-2     76110F4N0     2,845,500.00   2,835,382.01     7.750000  %      1,750.12
M-3     76110F4P5     2,407,700.00   2,399,138.74     7.750000  %      1,480.85
IO-A                          0.00           0.00     0.760072  %          0.00
IO-B                          0.00           0.00     0.760072  %          0.00
B-1     76110F4Q3     1,422,700.00   1,417,641.19     7.750000  %        875.03
B-2     76110F4R1       656,700.00     654,364.91     7.750000  %        403.90
B-3     76110F4S9       875,528.01     872,414.87     7.750000  %        538.51

-------------------------------------------------------------------------------
                  218,881,933.69   204,096,792.15                  2,766,092.29
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1        76,306.07    670,370.98            0.00       0.00     11,230,197.13
A-2       461,272.55  2,620,540.07            0.00       0.00     69,318,771.93
A-3       165,541.25    165,541.25            0.00       0.00     25,652,000.00
A-4       115,269.68    115,269.68            0.00       0.00     17,862,000.00
A-5       110,674.90    110,674.90            0.00       0.00     17,150,000.00
A-6       129,066.93    129,066.93            0.00       0.00     20,000,000.00
A-7       141,250.85    141,250.85            0.00       0.00     21,888,000.00
A-P             0.00      1,653.16            0.00       0.00        246,820.60
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        63,340.08     69,398.37            0.00       0.00      9,809,016.89
M-2        18,297.70     20,047.82            0.00       0.00      2,833,631.89
M-3        15,482.48     16,963.33            0.00       0.00      2,397,657.89
IO-A      127,512.79    127,512.79            0.00       0.00              0.00
IO-B        1,503.69      1,503.69            0.00       0.00              0.00
B-1         9,148.53     10,023.56            0.00       0.00      1,416,766.16
B-2         4,222.85      4,626.75            0.00       0.00        653,961.01
B-3         5,630.00      6,168.51            0.00       0.00        871,876.36

-------------------------------------------------------------------------------
        1,444,520.35  4,210,612.64            0.00       0.00    201,330,699.86
===============================================================================













































Run:        09/25/00     08:22:29
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL #  4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4425
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     788.284136   39.604327     5.087071    44.691398   0.000000  748.679809
A-2     860.963364   26.008691     5.556095    31.564786   0.000000  834.954673
A-3    1000.000000    0.000000     6.453347     6.453347   0.000000 1000.000000
A-4    1000.000000    0.000000     6.453347     6.453347   0.000000 1000.000000
A-5    1000.000000    0.000000     6.453347     6.453347   0.000000 1000.000000
A-6    1000.000000    0.000000     6.453347     6.453347   0.000000 1000.000000
A-7    1000.000000    0.000000     6.453347     6.453347   0.000000 1000.000000
A-P     991.888727    6.599291     0.000000     6.599291   0.000000  985.289435
R-I       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R-II      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
M-1     996.444217    0.615049     6.430400     7.045449   0.000000  995.829168
M-2     996.444214    0.615048     6.430399     7.045447   0.000000  995.829165
M-3     996.444216    0.615048     6.430402     7.045450   0.000000  995.829169
IO-A      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
IO-B      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
B-1     996.444219    0.615049     6.430400     7.045449   0.000000  995.829170
B-2     996.444206    0.615045     6.430410     7.045455   0.000000  995.829161
B-3     996.444271    0.615046     6.430405     7.045451   0.000000  995.829203

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:29                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2 (POOL #  4425)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4425
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,166.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                        33.10

SUBSERVICER ADVANCES THIS MONTH                                       31,518.83
MASTER SERVICER ADVANCES THIS MONTH                                    2,220.97


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,614,987.75

 (B)  TWO MONTHLY PAYMENTS:                                    7     568,235.65

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     710,016.87


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        111,873.96

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     201,330,699.86

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,442

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                 268,935.71

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    2,640,054.01

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.17284020 %     7.38274200 %    1.44441760 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.05701050 %     7.47044871 %    1.46337120 %

      BANKRUPTCY AMOUNT AVAILABLE                         157,492.00
      FRAUD AMOUNT AVAILABLE                            4,377,639.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,188,819.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.82062742
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              348.69

POOL TRADING FACTOR:                                                91.98141503

 ................................................................................


Run:        09/25/00     08:22:29                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3(POOL #  4432)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4432
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F5F6   115,869,000.00  96,263,819.26     7.750000  %  4,087,394.07
A-2     76110F5G4    40,867,000.00  40,867,000.00     7.750000  %          0.00
A-3     76110F5J8    21,838,000.00  21,838,000.00     7.750000  %          0.00
A-4     76110F5K5    21,838,000.00  21,838,000.00     7.750000  %          0.00
A-P     76110F5L3       499,056.21     492,209.03     0.000000  %        479.51
R-I     76110F5M1           100.00           0.00     7.750000  %          0.00
R-II    76110F5N9           100.00           0.00     7.750000  %          0.00
M-1     76110F5P4     9,281,800.00   9,254,849.54     7.750000  %      8,251.35
M-2     76110F5Q2     2,839,000.00   2,830,756.73     7.750000  %      2,523.82
M-3     76110F5R0     2,402,200.00   2,395,225.02     7.750000  %      2,135.51
IO-A                          0.00           0.00     0.870148  %          0.00
IO-B                          0.00           0.00     0.870148  %          0.00
B-1     76110F5S8     1,419,500.00   1,415,378.37     7.750000  %      1,261.91
B-2     76110F5T6       655,100.00     653,197.87     7.750000  %        582.37
B-3     76110F5U3       873,616.21     871,079.58     7.750000  %        776.64

-------------------------------------------------------------------------------
                  218,382,472.42   198,719,515.40                  4,103,405.18
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       621,271.56  4,708,665.63            0.00       0.00     92,176,425.19
A-2       263,749.20    263,749.20            0.00       0.00     40,867,000.00
A-3       140,939.02    140,939.02            0.00       0.00     21,838,000.00
A-4       140,939.02    140,939.02            0.00       0.00     21,838,000.00
A-P             0.00        479.51            0.00       0.00        491,729.52
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        59,729.34     67,980.69            0.00       0.00      9,246,598.19
M-2        18,269.26     20,793.08            0.00       0.00      2,828,232.91
M-3        15,458.40     17,593.91            0.00       0.00      2,393,089.51
IO-A      143,639.31    143,639.31            0.00       0.00              0.00
IO-B            0.00          0.00            0.00       0.00              0.00
B-1         9,134.63     10,396.54            0.00       0.00      1,414,116.46
B-2         4,215.64      4,798.01            0.00       0.00        652,615.50
B-3         5,621.81      6,398.45            0.00       0.00        870,302.94

-------------------------------------------------------------------------------
        1,422,967.19  5,526,372.37            0.00       0.00    194,616,110.22
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     830.798740   35.275993     5.361844    40.637837   0.000000  795.522747
A-2    1000.000000    0.000000     6.453843     6.453843   0.000000 1000.000000
A-3    1000.000000    0.000000     6.453843     6.453843   0.000000 1000.000000
A-4    1000.000000    0.000000     6.453843     6.453843   0.000000 1000.000000
A-P     986.279742    0.960834     0.000000     0.960834   0.000000  985.318908
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     997.096419    0.888982     6.435103     7.324085   0.000000  996.207437
M-2     997.096418    0.888982     6.435104     7.324086   0.000000  996.207436
M-3     997.096420    0.888981     6.435101     7.324082   0.000000  996.207439
IO-A      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
IO-B      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
B-1     997.096421    0.888982     6.435104     7.324086   0.000000  996.207439
B-2     997.096428    0.888979     6.435109     7.324088   0.000000  996.207449
B-3     997.096402    0.888983     6.435103     7.324086   0.000000  996.207408

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3 (POOL #  4432)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4432
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       40,776.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       40,997.92
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    23   2,572,050.86

 (B)  TWO MONTHLY PAYMENTS:                                    9   1,275,225.59

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          6     904,533.59


FORECLOSURES
  NUMBER OF LOANS                                                             4
  AGGREGATE PRINCIPAL BALANCE                                        427,412.92

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     194,616,110.22

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,440

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                    3,926,240.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                       55,278.44

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.21186310 %     7.30516500 %    1.48297220 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.03412180 %     7.43408169 %    1.51296550 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            4,367,649.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,183,825.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.92005338
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              349.28

POOL TRADING FACTOR:                                                89.11709262

 ................................................................................


Run:        09/25/00     08:22:34                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4(POOL #  4433)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4433
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
CB      76110F4T7    80,517,000.00  77,109,998.93     7.500000  %  1,052,402.41
NB      76110F4U4    21,235,000.00  19,000,071.32     7.500000  %  1,046,619.47
A-P     76110F4V2       933,718.95     899,299.17     0.000000  %     13,036.75
R-I     76110F4WO           100.00           0.00     7.500000  %          0.00
R-II    76110F4X8           100.00           0.00     7.500000  %          0.00
M-1     76110F4Y6     3,459,000.00   3,405,770.67     7.500000  %     10,872.26
M-2     76110F4Z3       649,000.00     639,012.78     7.500000  %      2,039.92
M-3     76110F5D1       487,000.00     479,505.73     7.500000  %      1,530.73
IO-A                          0.00           0.00     0.540737  %          0.00
IO-B                          0.00           0.00     0.540737  %          0.00
B-1     76110F5A7       324,300.00     319,309.46     7.500000  %      1,019.33
B-2     76110F5B5       216,200.00     212,872.98     7.500000  %        679.56
B-3     76110F5C3       270,246.88     266,085.14     7.500000  %        849.43

-------------------------------------------------------------------------------
                  108,091,665.83   102,331,926.18                  2,129,049.86
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
CB        481,279.32  1,533,681.73            0.00       0.00     76,057,596.52
NB        118,653.11  1,165,272.58            0.00       0.00     17,953,451.85
A-P             0.00     13,036.75            0.00       0.00        886,262.42
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        21,257.43     32,129.69            0.00       0.00      3,394,898.41
M-2         3,988.46      6,028.38            0.00       0.00        636,972.86
M-3         2,992.88      4,523.61            0.00       0.00        477,975.00
IO-A       41,654.00     41,654.00            0.00       0.00              0.00
IO-B        3,995.57      3,995.57            0.00       0.00              0.00
B-1         1,992.99      3,012.32            0.00       0.00        318,290.13
B-2         1,328.67      2,008.23            0.00       0.00        212,193.42
B-3         1,660.79      2,510.22            0.00       0.00        265,235.71

-------------------------------------------------------------------------------
          678,803.22  2,807,853.08            0.00       0.00    100,202,876.32
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
CB      957.685941   13.070562     5.977363    19.047925   0.000000  944.615380
NB      894.752593   49.287472     5.587620    54.875092   0.000000  845.465121
A-P     963.136895   13.962173     0.000000    13.962173   0.000000  949.174721
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     984.611353    3.143180     6.145542     9.288722   0.000000  981.468173
M-2     984.611371    3.143174     6.145547     9.288721   0.000000  981.468197
M-3     984.611355    3.143183     6.145544     9.288727   0.000000  981.468173
IO-A      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
IO-B      0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
B-1     984.611348    3.143170     6.145513     9.288683   0.000000  981.468178
B-2     984.611378    3.143201     6.145560     9.288761   0.000000  981.468178
B-3     984.600229    3.143163     6.145455     9.288618   0.000000  981.457051

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL #  4433)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       20,987.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,893.81

SUBSERVICER ADVANCES THIS MONTH                                        8,782.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11     776,679.35

 (B)  TWO MONTHLY PAYMENTS:                                    1      35,457.54

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2      72,209.86


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     100,202,876.32

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          992

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                    1,802,192.87

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.75261860 %     4.42119000 %    0.78007680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.65792750 %     4.50071538 %    0.80119450 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,161,833.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,968,867.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.29381400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              166.76

POOL TRADING FACTOR:                                                92.70175971


Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL #  4433)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       16,912.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     1,893.81

SUBSERVICER ADVANCES THIS MONTH                                        8,782.70
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    11     776,679.35

 (B)  TWO MONTHLY PAYMENTS:                                    1      35,457.54

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          2      72,209.86


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      80,710,362.17

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                          934

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                      815,618.82

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.83455330 %     4.46038800 %    0.78699290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.78240850 %     4.54087800 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,161,833.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,968,867.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          8.39168493
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              167.11

POOL TRADING FACTOR:                                                94.65167163


Run:     09/25/00     08:22:34                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL #  4433)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                        4,075.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                            0.00
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                     0           0.00

 (B)  TWO MONTHLY PAYMENTS:                                    0           0.00

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          0           0.00


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                      19,492,514.15

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                           58

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                      986,574.05

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         94.42155000 %     4.46038800 %    0.78699290 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            94.13419360 %     4.54087802 %    0.00000000 %

      BANKRUPTCY AMOUNT AVAILABLE                         100,000.00
      FRAUD AMOUNT AVAILABLE                            2,161,833.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   1,968,867.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          7.88857341
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              165.30

POOL TRADING FACTOR:                                                85.41580632

 ................................................................................


Run:        09/25/00     08:22:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5(POOL #  4438)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4438
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F5V1    92,675,000.00  90,730,505.82     7.750000  %    635,304.65
A-2     76110F5W9    74,478,000.00  64,602,694.24     7.750000  %  2,256,348.18
A-3     76110F5X7    10,750,000.00  10,750,000.00     7.750000  %          0.00
A-4     76110F5Y5    21,700,000.00  21,700,000.00     7.750000  %          0.00
A-5     76110F5Z2     1,075,000.00           0.00     7.750000  %          0.00
A-P     76110F6A6       145,114.60     144,462.77     0.000000  %      1,301.60
A-V     76110F6B4             0.00           0.00     0.989844  %          0.00
R       76110F6C2           100.00           0.00     7.750000  %          0.00
M-1     76110F6D0     8,141,800.00   8,123,599.92     7.750000  %      4,701.08
M-2     76110F6E8     2,822,400.00   2,816,090.84     7.750000  %      1,629.65
M-3     76110F6F5     2,388,200.00   2,382,861.44     7.750000  %      1,378.95
B-1     76110F6G3     1,411,200.00   1,408,045.42     7.750000  %        814.83
B-2     76110F6H1       651,400.00     649,943.86     7.750000  %        376.12
B-3     76110F6J7       868,514.12     866,572.68     7.750000  %        501.48

-------------------------------------------------------------------------------
                  217,106,728.72   204,174,776.99                  2,902,356.54
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       585,800.08  1,221,104.73            0.00       0.00     90,095,201.17
A-2       417,106.27  2,673,454.45            0.00       0.00     62,346,346.06
A-3        69,407.20     69,407.20            0.00       0.00     10,750,000.00
A-4       140,105.70    140,105.70            0.00       0.00     21,700,000.00
A-5             0.00          0.00            0.00       0.00              0.00
A-P             0.00      1,301.60            0.00       0.00        143,161.17
A-V       168,369.45    168,369.45            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        52,449.90     57,150.98            0.00       0.00      8,118,898.84
M-2        18,182.04     19,811.69            0.00       0.00      2,814,461.19
M-3        15,384.90     16,763.85            0.00       0.00      2,381,482.49
B-1         9,091.03      9,905.86            0.00       0.00      1,407,230.59
B-2         4,196.35      4,572.47            0.00       0.00        649,567.74
B-3         5,595.02      6,096.50            0.00       0.00        866,071.20

-------------------------------------------------------------------------------
        1,485,687.94  4,388,044.48            0.00       0.00    201,272,420.45
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     979.018137    6.855189     6.321015    13.176204   0.000000  972.162948
A-2     867.406405   30.295499     5.600396    35.895895   0.000000  837.110906
A-3    1000.000000    0.000000     6.456484     6.456484   0.000000 1000.000000
A-4    1000.000000    0.000000     6.456484     6.456484   0.000000 1000.000000
A-5       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-P     995.508171    8.969463     0.000000     8.969463   0.000000  986.538708
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     997.764612    0.577401     6.442052     7.019453   0.000000  997.187212
M-2     997.764612    0.577399     6.442049     7.019448   0.000000  997.187213
M-3     997.764609    0.577401     6.442048     7.019449   0.000000  997.187208
B-1     997.764612    0.577402     6.442056     7.019458   0.000000  997.187210
B-2     997.764599    0.577403     6.442048     7.019451   0.000000  997.187197
B-3     997.764642    0.577400     6.442060     7.019460   0.000000  997.187242

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5 (POOL #  4438)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4438
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,385.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                     3,615.20

SUBSERVICER ADVANCES THIS MONTH                                       49,468.01
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    25   3,878,049.06

 (B)  TWO MONTHLY PAYMENTS:                                    6     594,127.80

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          8   1,432,621.35


FORECLOSURES
  NUMBER OF LOANS                                                             1
  AGGREGATE PRINCIPAL BALANCE                                        241,000.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     201,272,420.45

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,427

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                    2,784,169.28

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.03691170 %     6.52969300 %    1.43339580 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.92672810 %     6.61533383 %    1.45322940 %

      BANKRUPTCY AMOUNT AVAILABLE                         150,000.00
      FRAUD AMOUNT AVAILABLE                            4,342,135.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,171,067.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.06058453
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              350.63

POOL TRADING FACTOR:                                                92.70667088

 ................................................................................


Run:        09/25/00     08:22:30                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS6(POOL #  4440)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4440
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110F6K4    92,574,000.00  91,209,211.22     7.750000  %    575,130.72
A-2     76110F6L2    75,000,000.00  66,831,206.78     7.750000  %  4,595,161.45
A-3     76110F6M0    10,750,000.00  10,750,000.00     7.750000  %          0.00
A-4     76110F6N8    21,500,000.00  21,500,000.00     7.750000  %          0.00
A-5     76110F6P3     1,075,000.00           0.00     7.750000  %          0.00
A-P     76110F6Q1        75,687.86      75,449.12     0.000000  %         82.13
A-V     76110F6R9             0.00           0.00     1.030407  %          0.00
R       76110F6S7           100.00           0.00     7.750000  %          0.00
M-1     76110F6T5     8,714,800.00   8,700,545.23     7.750000  %      4,804.38
M-2     76110F6U2     2,723,300.00   2,718,845.51     7.750000  %      1,501.33
M-3     76110F6V0     2,505,400.00   2,501,301.93     7.750000  %      1,381.20
B-1     76110F6W8     1,416,100.00   1,413,783.69     7.750000  %        780.68
B-2     76110F6X6       653,600.00     652,530.90     7.750000  %        360.32
B-3     76110F6Y4       871,524.04     870,098.49     7.750000  %        480.47

-------------------------------------------------------------------------------
                  217,859,511.90   207,222,972.87                  5,179,682.68
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       588,381.96  1,163,512.68            0.00       0.00     90,634,080.50
A-2       431,121.77  5,026,283.22            0.00       0.00     62,236,045.33
A-3        69,347.23     69,347.23            0.00       0.00     10,750,000.00
A-4       138,694.46    138,694.46            0.00       0.00     21,500,000.00
A-5             0.00          0.00            0.00       0.00              0.00
A-P             0.00         82.13            0.00       0.00         75,366.99
A-V       177,732.04    177,732.04            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        56,126.39     60,930.77            0.00       0.00      8,695,740.85
M-2        17,539.01     19,040.34            0.00       0.00      2,717,344.18
M-3        16,135.66     17,516.86            0.00       0.00      2,499,920.73
B-1         9,120.19      9,900.87            0.00       0.00      1,413,003.01
B-2         4,209.41      4,569.73            0.00       0.00        652,170.58
B-3         5,612.93      6,093.40            0.00       0.00        869,618.02

-------------------------------------------------------------------------------
        1,514,021.05  6,693,703.73            0.00       0.00    202,043,290.19
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     985.257321    6.212659     6.355801    12.568460   0.000000  979.044662
A-2     891.082757   61.268819     5.748290    67.017109   0.000000  829.813938
A-3    1000.000000    0.000000     6.450905     6.450905   0.000000 1000.000000
A-4    1000.000000    0.000000     6.450905     6.450905   0.000000 1000.000000
A-5       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-P     996.845729    1.085115     0.000000     1.085115   0.000000  995.760615
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     998.364303    0.551290     6.440353     6.991643   0.000000  997.813014
M-2     998.364304    0.551291     6.440352     6.991643   0.000000  997.813014
M-3     998.364305    0.551289     6.440353     6.991642   0.000000  997.813016
B-1     998.364303    0.551289     6.440357     6.991646   0.000000  997.813015
B-2     998.364290    0.551285     6.440346     6.991631   0.000000  997.813005
B-3     998.364302    0.551287     6.440362     6.991649   0.000000  997.813004

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:30                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS6 (POOL #  4440)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4440
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       42,652.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       32,483.88
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    29   3,278,570.08

 (B)  TWO MONTHLY PAYMENTS:                                    2     422,057.15

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          3     325,508.64


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     202,043,290.19

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,430

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,065,237.50

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         91.86227020 %     6.72018300 %    1.41754680 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            91.65818160 %     6.88615086 %    1.45309790 %

      BANKRUPTCY AMOUNT AVAILABLE                         125,000.00
      FRAUD AMOUNT AVAILABLE                            4,357,190.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,178,595.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.09479386
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              352.98

POOL TRADING FACTOR:                                                92.74017390

 ................................................................................


Run:        09/25/00     08:22:31                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7(POOL #  4444)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4444
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110GAA9    75,000,000.00  71,515,656.28     8.000000  %  2,420,060.23
A-2     76110GAB7    91,363,000.00  88,777,365.73     8.000000  %  1,765,500.28
A-3     76110GAC5    12,000,000.00  12,160,399.46     8.000000  %          0.00
A-4     76110GAD3     8,245,652.00   8,245,652.00     8.000000  %          0.00
A-5     76110GAE1     4,771,000.00   4,771,000.00     8.000000  %          0.00
A-6     76110GAF8     2,164,000.00   2,164,000.00     8.000000  %          0.00
A-7     76110GAG6     4,572,000.00   4,572,000.00     8.000000  %          0.00
A-8     76110GAH4     2,407,000.00   2,407,000.00     8.000000  %          0.00
A-9     76110GAJ0     2,390,348.00   2,390,348.00     8.000000  %          0.00
A-10    76110GAK7    24,550,000.00  24,550,000.00     8.000000  %          0.00
A-P     76110GAL5       208,784.27     208,420.20     0.000000  %        186.61
A-V     76110GAM3             0.00           0.00     0.788353  %          0.00
R       76110GAN1           100.00           0.00     8.000000  %          0.00
M-1     76110GAP6     8,468,700.00   8,459,310.63     8.000000  %      4,760.87
M-2     76110GAQ4     3,068,400.00   3,064,998.02     8.000000  %      1,724.97
M-3     76110GAR2     2,822,900.00   2,819,770.21     8.000000  %      1,586.96
B-1     76110GAS0     1,595,600.00   1,593,830.93     8.000000  %        897.00
B-2     76110GAT8       736,500.00     735,683.44     8.000000  %        414.04
B-3     76110GAU5     1,104,669.96   1,103,445.19     8.000000  %        621.01

-------------------------------------------------------------------------------
                  245,468,654.23   239,538,880.09                  4,195,751.97
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       476,639.53  2,896,699.76            0.00       0.00     69,095,596.05
A-2       591,685.84  2,357,186.12            0.00       0.00     87,011,865.45
A-3             0.00          0.00       81,046.97       0.00     12,241,446.43
A-4        54,955.85     54,955.85            0.00       0.00      8,245,652.00
A-5        31,797.90     31,797.90            0.00       0.00      4,771,000.00
A-6        14,422.69     14,422.69            0.00       0.00      2,164,000.00
A-7        30,471.59     30,471.59            0.00       0.00      4,572,000.00
A-8        16,042.24     16,042.24            0.00       0.00      2,407,000.00
A-9        15,931.25     15,931.25            0.00       0.00      2,390,348.00
A-10      163,621.52    163,621.52            0.00       0.00     24,550,000.00
A-P             0.00        186.61            0.00       0.00        208,233.59
A-V       157,324.18    157,324.18            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        56,379.84     61,140.71            0.00       0.00      8,454,549.76
M-2        20,427.68     22,152.65            0.00       0.00      3,063,273.05
M-3        18,793.28     20,380.24            0.00       0.00      2,818,183.25
B-1        10,622.61     11,519.61            0.00       0.00      1,592,933.93
B-2         4,903.21      5,317.25            0.00       0.00        735,269.40
B-3         7,354.27      7,975.28            0.00       0.00      1,102,824.18

-------------------------------------------------------------------------------
        1,671,373.48  5,867,125.45       81,046.97       0.00    235,424,175.09
===============================================================================











































Run:        09/25/00     08:22:31
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7(POOL #  4444)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4444
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     953.542084   32.267470     6.355194    38.622664   0.000000  921.274614
A-2     971.699328   19.324018     6.476209    25.800227   0.000000  952.375310
A-3    1013.366622    0.000000     0.000000     0.000000   6.753914 1020.120536
A-4    1000.000000    0.000000     6.664828     6.664828   0.000000 1000.000000
A-5    1000.000000    0.000000     6.664829     6.664829   0.000000 1000.000000
A-6    1000.000000    0.000000     6.664829     6.664829   0.000000 1000.000000
A-7    1000.000000    0.000000     6.664827     6.664827   0.000000 1000.000000
A-8    1000.000000    0.000000     6.664828     6.664828   0.000000 1000.000000
A-9    1000.000000    0.000000     6.664825     6.664825   0.000000 1000.000000
A-10   1000.000000    0.000000     6.664828     6.664828   0.000000 1000.000000
A-P     998.256238    0.893793     0.000000     0.893793   0.000000  997.362445
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     998.891286    0.562172     6.657437     7.219609   0.000000  998.329113
M-2     998.891285    0.562172     6.657437     7.219609   0.000000  998.329113
M-3     998.891286    0.562174     6.657437     7.219611   0.000000  998.329112
B-1     998.891282    0.562171     6.657439     7.219610   0.000000  998.329111
B-2     998.891297    0.562172     6.657447     7.219619   0.000000  998.329124
B-3     998.891280    0.562168     6.657436     7.219604   0.000000  998.329112

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:31                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS7 (POOL #  4444)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4444
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       49,748.18
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       20,963.86
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    17   2,190,442.09

 (B)  TWO MONTHLY PAYMENTS:                                    4     286,668.25

 (C)  THREE OR MORE MONTHLY PAYMENTS:                          1     110,142.87


FORECLOSURES
  NUMBER OF LOANS                                                             0
  AGGREGATE PRINCIPAL BALANCE                                              0.00

SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION                                                     235,424,175.09

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,607

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                    3,979,841.33

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.57217890 %     5.99342000 %    1.43440140 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.44650110 %     6.08943668 %    1.45867130 %

      BANKRUPTCY AMOUNT AVAILABLE                         130,000.00
      FRAUD AMOUNT AVAILABLE                            4,909,373.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,454,867.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.10450462
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              353.80

POOL TRADING FACTOR:                                                95.90804000

 ................................................................................


Run:        09/25/00     08:22:31                                    REPT1B.FRG
Page:         1 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS8(POOL #  4449)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4449
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110GAV3   126,200,000.00 125,063,799.87     8.000000  %  4,240,404.52
A-2     76110GAW1    32,800,000.00  32,504,696.00     8.000000  %  1,102,101.97
A-3     76110GAX9    21,638,000.00  21,638,000.00     8.000000  %          0.00
A-4     76110GAY7    20,000,000.00  20,000,000.00     8.000000  %          0.00
A-P     76110GAZ4       225,655.38     225,457.17     0.000000  %        191.94
A-V     76110GBA8             0.00           0.00     0.980998  %          0.00
R       76110GBB6           100.00           0.00     8.000000  %          0.00
M-1     76110GBC4     7,471,800.00   7,467,858.18     8.000000  %      3,930.88
M-2     76110GBD2     2,707,100.00   2,705,671.84     8.000000  %      1,424.19
M-3     76110GBE0     2,490,500.00   2,489,186.11     8.000000  %      1,310.24
B-1     76110GBF7     1,407,600.00   1,406,857.41     8.000000  %        740.53
B-2     76110GBG5       649,700.00     649,357.24     8.000000  %        341.80
B-3     76110GBH3       974,632.96     974,118.79     8.000000  %        512.76

-------------------------------------------------------------------------------
                  216,565,088.34   215,125,002.61                  5,350,958.83
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       833,445.44  5,073,849.96            0.00       0.00    120,823,395.35
A-2       216,616.56  1,318,718.53            0.00       0.00     31,402,594.03
A-3       144,199.14    144,199.14            0.00       0.00     21,638,000.00
A-4       133,283.24    133,283.24            0.00       0.00     20,000,000.00
A-P             0.00        191.94            0.00       0.00        225,265.23
A-V       175,798.27    175,798.27            0.00       0.00              0.00
R               0.00          0.00            0.00       0.00              0.00
M-1        49,767.02     53,697.90            0.00       0.00      7,463,927.30
M-2        18,031.03     19,455.22            0.00       0.00      2,704,247.65
M-3        16,588.34     17,898.58            0.00       0.00      2,487,875.87
B-1         9,375.53     10,116.06            0.00       0.00      1,406,116.88
B-2         4,327.42      4,669.22            0.00       0.00        649,015.44
B-3         6,491.69      7,004.45            0.00       0.00        973,606.03

-------------------------------------------------------------------------------
        1,607,923.68  6,958,882.51            0.00       0.00    209,774,043.78
===============================================================================
_______________________________________________________________________________



AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1     990.996829   33.600670     6.604164    40.204834   0.000000  957.396160
A-2     990.996829   33.600670     6.604163    40.204833   0.000000  957.396160
A-3    1000.000000    0.000000     6.664162     6.664162   0.000000 1000.000000
A-4    1000.000000    0.000000     6.664162     6.664162   0.000000 1000.000000
A-P     999.121625    0.850589     0.000000     0.850589   0.000000  998.271036
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     999.472440    0.526095     6.660647     7.186742   0.000000  998.946345
M-2     999.472439    0.526094     6.660644     7.186738   0.000000  998.946345
M-3     999.472439    0.526095     6.660646     7.186741   0.000000  998.946344
B-1     999.472442    0.526094     6.660649     7.186743   0.000000  998.946348
B-2     999.472433    0.526089     6.660643     7.186732   0.000000  998.946345
B-3     999.472448    0.526095     6.660651     7.186746   0.000000  998.946342

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:31                                        rept2.frg
Page:      2 of 2
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS8 (POOL #  4449)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4449
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       44,408.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                         0.00

SUBSERVICER ADVANCES THIS MONTH                                       64,731.49
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    51   7,647,651.06

 (B)  TWO MONTHLY PAYMENTS:                                    1     171,000.00

 (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                                                     209,774,043.78

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,370

NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS                                       0

BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS                       0.00

REMAINING SUBCLASS INTEREST SHORTFALL                                      0.00

CLASS A SHORTFALL (PRINCIPAL)                                              0.00
CLASS A SHORTFALL (INTEREST)                                               0.00

TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION                    5,237,649.83

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.69749520 %     5.89238900 %    1.41011630 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.51496990 %     6.03318246 %    1.44536200 %

      BANKRUPTCY AMOUNT AVAILABLE                         300,000.00
      FRAUD AMOUNT AVAILABLE                            4,331,302.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,165,651.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.29874858
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              355.05

POOL TRADING FACTOR:                                                96.86420161

 ................................................................................


Run:        09/25/00     08:22:32                                    REPT1B.FRG
Page:         1 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS9(POOL #  4452)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4452
_______________________________________________________________________________
                                       PRINCIPAL       CURRENT
                     ORIGINAL       BALANCE BEFORE   PASS-THROUGH    PRINCIPAL
CLASS   CUSIP       FACE VALUE       DISTRIBUTION       RATE       DISTRIBUTION
_______________________________________________________________________________
A-1     76110GBJ9    92,256,000.00  92,256,000.00     7.750000  %    447,667.00
HJ      76110GBK6             0.00           0.00     0.250000  %          0.00
A-2     76110GBL4    75,000,000.00  75,000,000.00     8.000000  %    932,712.38
A-3     76110GBM2     1,903,000.00   1,903,000.00     8.000000  %          0.00
A-4     76110GBN0    21,500,000.00  21,500,000.00     8.000000  %          0.00
A-5     76110GBP5     1,075,000.00   1,075,000.00     8.000000  %  1,082,164.50
A-6     76110GBQ3       750,000.00     750,000.00     8.000000  %          0.00
A-7     76110GBR1     2,500,000.00   2,500,000.00     8.000000  %          0.00
A-8     76110GBS9     5,597,000.00   5,597,000.00     8.000000  %          0.00
A-9     76110GBT7    45,320,000.00  45,320,000.00     8.000000  %    612,116.04
A-10    76110GBU4     4,680,000.00   4,680,000.00     8.000000  %          0.00
A-P     76110GBV2       221,969.92     221,969.92     0.000000  %        198.51
A-V     76110GBW0             0.00           0.00     0.949122  %          0.00
R-I     76110GBX8           100.00         100.00     8.000000  %        100.00
R-II    76110GBY6           100.00         100.00     8.000000  %        100.00
M-1     76110GBZ3     9,329,300.00   9,329,300.00     8.000000  %      4,865.59
M-2     76110GCA7     3,380,200.00   3,380,200.00     8.000000  %      1,762.91
M-3     76110GCB5     3,109,700.00   3,109,700.00     8.000000  %      1,621.83
B-1     76110GCC3     1,757,600.00   1,757,600.00     8.000000  %        916.66
B-2     76110GCD1       811,200.00     811,200.00     8.000000  %        423.07
B-3     76110GCE9     1,216,935.14   1,216,935.14     8.000000  %        634.68

-------------------------------------------------------------------------------
                  270,408,105.06   270,408,105.06                  3,085,283.17
===============================================================================
_______________________________________________________________________________
                                                                      REMAINING
            INTEREST         TOTAL         DEFERRED    REALIZED       PRINCIPAL
           DISTRIBUTION   DISTRIBUTION     INTEREST     LOSSES         BALANCE
_______________________________________________________________________________
A-1       595,639.51  1,043,306.51            0.00       0.00     91,808,333.00
HJ         19,214.18     19,214.18            0.00       0.00              0.00
A-2       499,848.54  1,432,560.92            0.00       0.00     74,067,287.62
A-3        12,682.83     12,682.83            0.00       0.00      1,903,000.00
A-4       143,289.91    143,289.91            0.00       0.00     21,500,000.00
A-5             0.00  1,082,164.50        7,164.50       0.00              0.00
A-6         4,998.49      4,998.49            0.00       0.00        750,000.00
A-7        16,661.62     16,661.62            0.00       0.00      2,500,000.00
A-8        37,302.03     37,302.03            0.00       0.00      5,597,000.00
A-9       302,041.81    914,157.85            0.00       0.00     44,707,883.96
A-10       31,190.55     31,190.55            0.00       0.00      4,680,000.00
A-P             0.00        198.51            0.00       0.00        221,771.41
A-V       213,810.41    213,810.41            0.00       0.00              0.00
R-I             0.67        100.67            0.00       0.00              0.00
R-II            0.67        100.67            0.00       0.00              0.00
M-1        62,176.49     67,042.08            0.00       0.00      9,324,434.41
M-2        22,527.84     24,290.75            0.00       0.00      3,378,437.09
M-3        20,725.05     22,346.88            0.00       0.00      3,108,078.17
B-1        11,713.78     12,630.44            0.00       0.00      1,756,683.34
B-2         5,406.36      5,829.43            0.00       0.00        810,776.93
B-3         8,110.44      8,745.12            0.00       0.00      1,216,300.46

-------------------------------------------------------------------------------
        2,007,341.18  5,092,624.35        7,164.50       0.00    267,329,986.39
===============================================================================







































Run:        09/25/00     08:22:32
Page:         2 of 3



               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS9(POOL #  4452)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL#   4452
_______________________________________________________________________________


AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
       BEGINNING                                                        ENDING
       BALANCE    PRINCIPAL     INTEREST      TOTAL      DEFERRED       BALANCE
CLASS  FACTOR     FACTOR        FACTOR     DISTRIBUTION  INTEREST       FACTOR
_______________________________________________________________________________
A-1    1000.000000    4.852443     6.456377    11.308820   0.000000  995.147557
HJ        0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
A-2    1000.000000   12.436165     6.664647    19.100812   0.000000  987.563835
A-3    1000.000000    0.000000     6.664651     6.664651   0.000000 1000.000000
A-4    1000.000000    0.000000     6.664647     6.664647   0.000000 1000.000000
A-5    1000.000000 1006.664650     0.000000  1006.664650   6.664651    0.000000
A-6    1000.000000    0.000000     6.664653     6.664653   0.000000 1000.000000
A-7    1000.000000    0.000000     6.664648     6.664648   0.000000 1000.000000
A-8    1000.000000    0.000000     6.664647     6.664647   0.000000 1000.000000
A-9    1000.000000   13.506532     6.664647    20.171179   0.000000  986.493468
A-10   1000.000000    0.000000     6.664647     6.664647   0.000000 1000.000000
A-P    1000.000000    0.894310     0.000000     0.894310   0.000000  999.105690
A-V       0.000000    0.000000     0.000000     0.000000   0.000000    0.000000
R-I    1000.000000 1000.000000     6.700000  1006.700000   0.000000    0.000000
R-II   1000.000000 1000.000000     6.700000  1006.700000   0.000000    0.000000
M-1    1000.000000    0.521539     6.664647     7.186186   0.000000  999.478461
M-2    1000.000000    0.521540     6.664647     7.186187   0.000000  999.478460
M-3    1000.000000    0.521539     6.664646     7.186185   0.000000  999.478461
B-1    1000.000000    0.521541     6.664645     7.186186   0.000000  999.478459
B-2    1000.000000    0.521536     6.664645     7.186181   0.000000  999.478464
B-3    1000.000000    0.521540     6.664644     7.186184   0.000000  999.478460

_______________________________________________________________________________


DETERMINATION DATE       20-September-00
DISTRIBUTION DATE        25-September-00

Run:     09/25/00     08:22:32                                        rept2.frg
Page:      3 of 3
               RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
                   RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
 MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS9 (POOL #  4452)
                    STATEMENT TO CERTIFICATEHOLDERS
              ADDITIONAL RELATED INFORMATION FOR POOL 4452
_______________________________________________________________________________

SERVICING COMPENSATION RECEIVED BY SUB-SERVICER                       57,414.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER                    12,064.22

SUBSERVICER ADVANCES THIS MONTH                                       43,784.33
MASTER SERVICER ADVANCES THIS MONTH                                        0.00


                                                          NUMBER OF   PRINCIPAL
DELINQUENCIES:                                              LOANS      BALANCE

 (A)  ONE MONTHLY PAYMENT:                                    22   5,436,359.66

 (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                                                     267,329,986.39

AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE                                                        1,742

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                    2,937,013.40

TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION                            0.00

DISTRIBUTION PERCENTAGES:
                                     SENIOR        CLASS M        CLASS B
CURRENT DISTRIBUTION         92.74391520 %     5.85492700 %    1.40115820 %
PREPAYMENT PERCENT          100.00000000 %     0.00000000 %    0.00000000 %
NEXT DISTRIBUTION            92.66413040 %     5.91439437 %    1.41656470 %

      BANKRUPTCY AMOUNT AVAILABLE                         160,000.00
      FRAUD AMOUNT AVAILABLE                            5,408,162.00
      SPECIAL HAZARD AMOUNT AVAILABLE                   2,704,081.00

ENDING GROSS WEIGHTED AVERAGE INTEREST RATE                          9.27448837
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS                              356.88

POOL TRADING FACTOR:                                                98.86167662

 ................................................................................




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