SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
January 25, 2000
RESIDENTIAL ACCREDIT LOANS, INC.
(Exact name of the registrant as specified in it's charter)
333-95932, 333-8733, 333-33493
333-48327, 333-63549 51-0368240
333-72661
Delaware (Commission File Number) (I.R.S. Employee
(STATE OR OTHER Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the January, 2000 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
Master Serviced by Residential Funding Corporation
<PAGE>
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
1999-QS10 RALI
1999-QS11 RALI
<PAGE>
1999-QS12 RALI
1999-QS13 RALI
1999-QS14 RALI
1999-QS15 RALI
1999-QS2 RALI
1999-QS3 RALI
1999-QS4 RALI
1999-QS5 RALI
1999-QS6 RALI
1999-QS7 RALI
1999-QS8 RALI
1999-QS9 RALI
Item 7. Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) See Item 5.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
By:
Name: Davee Olson
Title: Chief Financial Officer
Dated: January 25, 2000
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities ExchangeAct of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
BY: /S/ DAVEE OLSON
Name: Davee Olson
Title: Chief Financial Officer
Dated: January 25, 2000
<PAGE>
Run: 01/24/00 15:28:23 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 22,018,476.54 7.500000 % 1,369,872.50
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 1,411,375.93 0.000000 % 31,876.59
- -------------------------------------------------------------------------------
258,459,514.42 76,638,852.47 1,401,749.09
===============================================================================
_______________________________________________________________________________
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-4 137,615.48 1,507,487.98 0.00 0.00 20,648,604.04
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 55,418.47 87,295.06 0.00 0.00 1,379,499.34
- -------------------------------------------------------------------------------
525,590.20 1,927,339.29 0.00 0.00 75,237,103.38
===============================================================================
_______________________________________________________________________________
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-4 478.662533 29.779837 2.991641 32.771478 0.000000 448.882697
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-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:23 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 15,671.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 177.15
SUBSERVICER ADVANCES THIS MONTH 35,548.07
MASTER SERVICER ADVANCES THIS MONTH 5,691.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,315,302.90
(B) TWO MONTHLY PAYMENTS: 4 421,615.24
(C) THREE OR MORE MONTHLY PAYMENTS: 4 284,879.03
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,018,504.54
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 75,237,103.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 967
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 680,568.45
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,181,907.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.15840680 % 1.84159320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.16646400 % 1.83353600 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32240916
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 272.34
POOL TRADING FACTOR: 29.10982153
................................................................................
Run: 01/24/00 16:01:18 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 13,467,821.52 6.900000 % 1,396,788.64
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 7,322,896.76 5.473364 % 224,245.38
R 0.53 1,392,623.44 0.000000 % 8,791.52
- -------------------------------------------------------------------------------
255,942,104.53 75,135,477.72 1,629,825.54
===============================================================================
_______________________________________________________________________________
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 77,439.97 1,474,228.61 0.00 0.00 12,071,032.88
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 35,410.48 259,655.86 0.00 0.00 7,098,651.38
R 110,453.02 119,244.54 0.00 0.00 1,383,831.92
- -------------------------------------------------------------------------------
531,633.47 2,161,459.01 0.00 0.00 73,505,652.18
===============================================================================
_______________________________________________________________________________
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-4 422.824988 43.852463 2.431244 46.283707 0.000000 378.972525
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 249.290374 7.633894 1.205465 8.839359 0.000000 241.656480
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:18 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 16,145.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 46,097.22
MASTER SERVICER ADVANCES THIS MONTH 477.84
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 2,247,387.64
(B) TWO MONTHLY PAYMENTS: 11 1,281,668.24
(C) THREE OR MORE MONTHLY PAYMENTS: 8 796,911.60
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,348,860.48
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,505,652.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 775
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 62,702.46
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,434,446.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.14651680 % 1.85348320 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.11738030 % 1.88261970 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,056,881.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,229,822.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92071300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.77
POOL TRADING FACTOR: 28.71964045
................................................................................
Run: 01/24/00 15:28:31 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 1,900,071.74 7.350000 % 1,471,791.90
A-6 76110FAX1 10,000,000.00 10,000,000.00 7.450000 % 0.00
A-7 76110FAY9 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-8 76110FAZ6 14,043,411.00 14,043,411.00 7.500000 % 0.00
A-9 76110FBA0 18,190,000.00 18,190,000.00 7.500000 % 0.00
A-10 76110FBB8 178,007.00 92,888.02 0.000000 % 173.50
R 0.00 1,819,114.18 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 72,045,484.94 1,471,965.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 11,637.94 1,483,429.84 0.00 0.00 428,279.84
A-6 62,083.33 62,083.33 0.00 0.00 10,000,000.00
A-7 157,083.33 157,083.33 0.00 0.00 26,000,000.00
A-8 87,771.32 87,771.32 0.00 0.00 14,043,411.00
A-9 113,687.50 113,687.50 0.00 0.00 18,190,000.00
A-10 0.00 173.50 0.00 0.00 92,714.52
R 0.00 0.00 0.00 0.00 1,772,256.90
- -------------------------------------------------------------------------------
432,263.42 1,904,228.82 0.00 0.00 70,526,662.26
===============================================================================
_______________________________________________________________________________
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-5 135.719410 105.127993 0.831281 105.959274 0.000000 30.591417
A-6 1000.000000 0.000000 6.208333 6.208333 0.000000 1000.000000
A-7 1000.000000 0.000000 6.041667 6.041667 0.000000 1000.000000
A-8 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-9 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-10 521.822288 0.974681 0.000000 0.974681 0.000000 520.847607
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:31 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 14,785.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 736.08
SUBSERVICER ADVANCES THIS MONTH 33,434.91
MASTER SERVICER ADVANCES THIS MONTH 2,487.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,682,882.34
(B) TWO MONTHLY PAYMENTS: 6 681,416.32
(C) THREE OR MORE MONTHLY PAYMENTS: 5 356,631.61
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,455,442.89
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 70,526,662.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 776
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 332,692.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,245,716.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.47504760 % 2.52495240 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.48711080 % 2.51288920 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80879900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.52
POOL TRADING FACTOR: 38.76978314
................................................................................
Run: 01/24/00 16:01:18 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 15,767,753.59 7.750000 % 1,151,365.36
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 7,920,767.61 7.750000 % 103,884.74
A-P 76110FBQ5 1,166,695.86 719,634.68 0.000000 % 1,834.18
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 11,903,868.68 7.750000 % 14,821.60
M-2 76110FBU6 5,568,000.00 5,290,397.12 7.750000 % 6,587.12
M-3 76110FBV4 4,176,000.00 3,967,797.87 7.750000 % 4,940.34
B-1 1,809,600.00 1,719,379.05 7.750000 % 2,140.81
B-2 696,000.00 661,299.62 7.750000 % 823.39
B-3 1,670,738.96 1,310,320.54 7.750000 % 1,631.49
A-V 76110FHY2 0.00 0.00 0.672130 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 109,281,780.76 1,288,029.03
===============================================================================
_______________________________________________________________________________
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-8 101,776.77 1,253,142.13 0.00 0.00 14,616,388.23
A-I-9 162,304.46 162,304.46 0.00 0.00 25,145,000.00
A-I-10 122,640.07 122,640.07 0.00 0.00 19,000,000.00
A-I-11 102,472.64 102,472.64 0.00 0.00 15,875,562.00
A-II 51,126.51 155,011.25 0.00 0.00 7,816,882.87
A-P 0.00 1,834.18 0.00 0.00 717,800.50
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 76,836.39 91,657.99 0.00 0.00 11,889,047.08
M-2 34,148.14 40,735.26 0.00 0.00 5,283,810.00
M-3 25,611.11 30,551.45 0.00 0.00 3,962,857.53
B-1 11,098.14 13,238.95 0.00 0.00 1,717,238.24
B-2 4,268.51 5,091.90 0.00 0.00 660,476.23
B-3 8,457.78 10,089.27 0.00 0.00 1,290,847.16
A-V 61,175.59 61,175.59 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
761,916.11 2,049,945.14 0.00 0.00 107,975,909.84
===============================================================================
Run: 01/24/00 16:01:18
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-8 904.321725 66.033801 5.837163 71.870964 0.000000 838.287923
A-I-9 1000.000000 0.000000 6.454741 6.454741 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.454741 6.454741 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.454741 6.454741 0.000000 1000.000000
A-II 385.411844 5.054865 2.487734 7.542599 0.000000 380.356979
A-P 616.814291 1.572117 0.000000 1.572117 0.000000 615.242174
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-1 950.143168 1.183031 6.132928 7.315959 0.000000 948.960137
M-2 950.143161 1.183032 6.132927 7.315959 0.000000 948.960129
M-3 950.143168 1.183032 6.132929 7.315961 0.000000 948.960137
B-1 950.143153 1.183029 6.132924 7.315953 0.000000 948.960124
B-2 950.143132 1.183032 6.132917 7.315949 0.000000 948.960101
B-3 784.276043 0.976508 5.062299 6.038807 0.000000 772.620495
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-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:19 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 22,703.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,830.02
SUBSERVICER ADVANCES THIS MONTH 23,075.30
MASTER SERVICER ADVANCES THIS MONTH 3,740.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,230,299.12
(B) TWO MONTHLY PAYMENTS: 2 66,328.33
(C) THREE OR MORE MONTHLY PAYMENTS: 3 124,428.14
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 459,697.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,975,909.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,165
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 429,917.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,122,762.88
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 77.10706380 % 19.36467700 % 3.37750650 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 76.87421830 % 19.57447234 % 3.42031170 %
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 8.69922600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 287.63
POOL TRADING FACTOR: 38.78379077
................................................................................
Run: 01/24/00 16:01:19 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 22,737.60 8.000000 % 22,737.60
A-I-7 76110FCC5 18,046,000.00 18,046,000.00 8.000000 % 1,112,753.29
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 16,021,000.00 680,684.94 7.250000 % 371,896.18
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,593,041.09 0.000000 % 3,636.62
A-V-1 0.00 0.00 0.917813 % 0.00
A-V-2 0.00 0.00 0.364375 % 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 12,596,771.09 8.000000 % 45,847.39
M-2 76110FCN1 5,570,800.00 5,303,963.74 8.000000 % 19,304.38
M-3 76110FCP6 4,456,600.00 4,243,132.91 8.000000 % 15,443.37
B-1 76110FCR2 2,228,400.00 2,121,661.67 8.000000 % 7,722.03
B-2 76110FCS0 696,400.00 664,360.05 8.000000 % 2,418.01
B-3 76110FCT8 1,671,255.97 779,621.83 8.000000 % 2,837.52
STRIP 0.00 0.00 0.170314 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 101,547,974.92 1,604,596.39
===============================================================================
_______________________________________________________________________________
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-6 151.52 22,889.12 0.00 0.00 0.00
A-I-7 120,256.95 1,233,010.24 0.00 0.00 16,933,246.71
A-I-8 60,601.61 60,601.61 0.00 0.00 9,094,000.00
A-I-9 68,531.66 68,531.66 0.00 0.00 10,284,000.00
A-I-10 181,216.90 181,216.90 0.00 0.00 27,538,000.00
A-II-1 4,110.77 376,006.95 0.00 0.00 308,788.76
A-II-2 54,674.89 54,674.89 0.00 0.00 8,580,000.00
A-P 0.00 3,636.62 0.00 0.00 1,589,404.47
A-V-1 52,154.45 52,154.45 0.00 0.00 0.00
A-V-2 10,116.38 10,116.38 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 83,943.76 129,791.15 0.00 0.00 12,550,923.70
M-2 35,345.15 54,649.53 0.00 0.00 5,284,659.36
M-3 28,275.86 43,719.23 0.00 0.00 4,227,689.54
B-1 14,138.56 21,860.59 0.00 0.00 2,113,939.64
B-2 4,427.24 6,845.25 0.00 0.00 661,942.04
B-3 5,195.33 8,032.85 0.00 0.00 770,427.77
STRIP 5,220.60 5,220.60 0.00 0.00 0.00
- -------------------------------------------------------------------------------
728,361.63 2,332,958.02 0.00 0.00 99,937,021.99
===============================================================================
Run: 01/24/00 16:01:19
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 0.848070 0.848070 0.005651 0.853721 0.000000 0.000000
A-I-7 1000.000000 61.662046 6.663912 68.325958 0.000000 938.337954
A-I-8 1000.000000 0.000000 6.663911 6.663911 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.663911 6.663911 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.580612 6.580612 0.000000 1000.000000
A-II-1 42.487045 23.213044 0.256586 23.469630 0.000000 19.274000
A-II-2 1000.000000 0.000000 6.372365 6.372365 0.000000 1000.000000
A-P 524.089084 1.196398 0.000000 1.196398 0.000000 522.892686
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-1 952.100910 3.465280 6.344716 9.809996 0.000000 948.635630
M-2 952.100908 3.465280 6.344717 9.809997 0.000000 948.635629
M-3 952.100909 3.465281 6.344716 9.809997 0.000000 948.635628
B-1 952.100911 3.465280 6.344714 9.809994 0.000000 948.635631
B-2 953.992030 3.472157 6.357323 9.829480 0.000000 950.519874
B-3 466.488583 1.697837 3.108638 4.806475 0.000000 460.987294
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:19 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,024.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,359.54
SUBSERVICER ADVANCES THIS MONTH 35,702.28
MASTER SERVICER ADVANCES THIS MONTH 1,803.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,670,879.40
(B) TWO MONTHLY PAYMENTS: 3 381,938.56
(C) THREE OR MORE MONTHLY PAYMENTS: 5 565,139.74
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 625,499.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 99,937,021.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,190
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 227,408.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,217,847.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.27889720 % 21.80631200 % 3.51128970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.96013990 % 22.07717637 % 3.60589260 %
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 8.93541500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 280.62
POOL TRADING FACTOR: 35.87941807
................................................................................
Run: 01/24/00 15:28:40 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 44,348,163.88 6.841250 % 985,550.11
R 973,833.13 2,297,959.19 0.000000 % 58,945.28
- -------------------------------------------------------------------------------
139,119,013.13 46,646,123.07 1,044,495.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 244,156.21 1,229,706.32 0.00 0.00 43,362,613.77
R 12,626.00 71,571.28 0.00 0.00 2,239,013.91
- -------------------------------------------------------------------------------
256,782.21 1,301,277.60 0.00 0.00 45,601,627.68
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 321.025778 7.134162 1.767389 8.901551 0.000000 313.891616
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:40 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS6 (POOL # 4220)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4220
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,325.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,587.01
SUBSERVICER ADVANCES THIS MONTH 15,685.52
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 979,474.84
(B) TWO MONTHLY PAYMENTS: 1 292,181.58
(C) THREE OR MORE MONTHLY PAYMENTS: 3 304,906.92
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 455,255.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 45,601,627.68
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 602
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 850,225.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.07363310 % 4.92636700 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.09005700 % 4.90994300 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.66767559
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 242.67
POOL TRADING FACTOR: 32.77886081
................................................................................
Run: 01/24/00 16:01:19 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 16,926,000.00 463,818.17 8.000000 % 463,818.17
A-I-8 76110FDB6 6,884,000.00 6,884,000.00 8.000000 % 716,964.18
A-I-9 76110FDC4 11,229,000.00 11,229,000.00 8.000000 % 0.00
A-I-10 76110FDD2 22,501,000.00 22,501,000.00 8.000000 % 0.00
A-II-1 76110FDE0 11,162,000.00 1,397,950.27 8.000000 % 136,253.66
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 668,659.95 0.000000 % 1,327.41
A-V-1 796QS5AV1 0.00 0.00 1.011178 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.400903 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,395,750.20 8.000000 % 9,517.83
M-2 76110FDK6 3,958,800.00 3,701,779.53 8.000000 % 4,763.94
M-3 76110FDL4 2,815,100.00 2,635,536.64 8.000000 % 3,391.76
B-1 76110FDM2 1,407,600.00 1,330,552.15 8.000000 % 1,712.33
B-2 76110FDN0 439,800.00 420,214.27 8.000000 % 540.79
B-3 76110FDP5 1,055,748.52 677,482.76 8.000000 % 871.87
- -------------------------------------------------------------------------------
175,944,527.21 63,830,743.94 1,339,161.94
===============================================================================
_______________________________________________________________________________
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 3,091.06 466,909.23 0.00 0.00 0.00
A-I-8 45,877.59 762,841.77 0.00 0.00 6,167,035.82
A-I-9 74,834.33 74,834.33 0.00 0.00 11,229,000.00
A-I-10 149,955.23 149,955.23 0.00 0.00 22,501,000.00
A-II-1 9,316.47 145,570.13 0.00 0.00 1,261,696.61
A-II-2 30,156.33 30,156.33 0.00 0.00 4,525,000.00
A-P 0.00 1,327.41 0.00 0.00 667,332.54
A-V-1 38,188.70 38,188.70 0.00 0.00 0.00
A-V-2 6,176.91 6,176.91 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,288.09 58,805.92 0.00 0.00 7,386,232.37
M-2 24,670.07 29,434.01 0.00 0.00 3,697,015.59
M-3 17,564.22 20,955.98 0.00 0.00 2,632,144.88
B-1 8,867.31 10,579.64 0.00 0.00 1,328,839.82
B-2 2,800.47 3,341.26 0.00 0.00 419,673.48
B-3 4,515.00 5,386.87 0.00 0.00 676,610.89
- -------------------------------------------------------------------------------
465,301.78 1,804,463.72 0.00 0.00 62,491,582.00
===============================================================================
Run: 01/24/00 16:01:19
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 27.402704 27.402704 0.182622 27.585326 0.000000 0.000000
A-I-8 1000.000000 104.149358 6.664380 110.813738 0.000000 895.850642
A-I-9 1000.000000 0.000000 6.664381 6.664381 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.664381 6.664381 0.000000 1000.000000
A-II-1 125.241916 12.206922 0.834660 13.041582 0.000000 113.034995
A-II-2 1000.000000 0.000000 6.664382 6.664382 0.000000 1000.000000
A-P 604.641319 1.200321 0.000000 1.200321 0.000000 603.440998
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-1 933.983734 1.201974 6.224423 7.426397 0.000000 932.781760
M-2 935.076167 1.203380 6.231704 7.435084 0.000000 933.872787
M-3 936.214216 1.204845 6.239288 7.444133 0.000000 935.009371
B-1 945.262965 1.216489 6.299595 7.516084 0.000000 944.046476
B-2 955.466735 1.229627 6.367599 7.597226 0.000000 954.237108
B-3 641.708463 0.825831 4.276587 5.102418 0.000000 640.882632
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:20 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,088.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 24,863.07
MASTER SERVICER ADVANCES THIS MONTH 2,547.53
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 1,721,929.62
(B) TWO MONTHLY PAYMENTS: 2 184,412.86
(C) THREE OR MORE MONTHLY PAYMENTS: 5 407,294.71
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 664,191.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 62,491,582.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 742
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 320,666.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,251,379.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.41294760 % 21.51481500 % 3.80420000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.89290260 % 21.94758462 % 3.92261000 %
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 9.07748500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.94
POOL TRADING FACTOR: 35.51777540
................................................................................
Run: 01/24/00 16:01:20 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 5,767,515.35 8.000000 % 1,667,331.74
A-I-10 76110FDZ3 11,650,000.00 11,650,000.00 8.000000 % 0.00
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 8,452,316.91 8.000000 % 87,387.70
A-P 76110FED1 601,147.92 296,217.46 0.000000 % 3,214.82
A-V-1 796QS7AV1 0.00 0.00 0.878983 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.472656 % 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 8,647,168.70 8.000000 % 23,442.95
M-2 76110FEH2 5,126,400.00 4,863,498.74 8.000000 % 13,185.21
M-3 76110FEJ8 3,645,500.00 3,458,544.91 8.000000 % 9,376.31
B-1 1,822,700.00 1,729,225.04 8.000000 % 4,688.02
B-2 569,600.00 540,388.78 8.000000 % 1,465.02
B-3 1,366,716.75 959,673.24 8.000000 % 2,601.73
- -------------------------------------------------------------------------------
227,839,864.67 85,404,549.13 1,812,693.50
===============================================================================
_______________________________________________________________________________
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 38,435.19 1,705,766.93 0.00 0.00 4,100,183.61
A-I-10 77,636.56 77,636.56 0.00 0.00 11,650,000.00
A-I-11 202,728.05 202,728.05 0.00 0.00 30,421,000.00
A-I-12 57,437.72 57,437.72 0.00 0.00 8,619,000.00
A-II 56,326.93 143,714.63 0.00 0.00 8,364,929.21
A-P 0.00 3,214.82 0.00 0.00 293,002.64
A-V-1 48,546.09 48,546.09 0.00 0.00 0.00
A-V-2 7,521.17 7,521.17 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 57,625.44 81,068.39 0.00 0.00 8,623,725.75
M-2 32,410.75 45,595.96 0.00 0.00 4,850,313.53
M-3 23,048.03 32,424.34 0.00 0.00 3,449,168.60
B-1 11,523.70 16,211.72 0.00 0.00 1,724,537.02
B-2 3,601.19 5,066.21 0.00 0.00 538,923.76
B-3 6,395.34 8,997.07 0.00 0.00 945,367.24
- -------------------------------------------------------------------------------
623,236.16 2,435,929.66 0.00 0.00 83,580,151.36
===============================================================================
Run: 01/24/00 16:01:20
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-9 256.038149 74.018101 1.706259 75.724360 0.000000 182.020048
A-I-10 1000.000000 0.000000 6.664082 6.664082 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.664082 6.664082 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.664082 6.664082 0.000000 1000.000000
A-II 420.429612 4.346782 2.801777 7.148559 0.000000 416.082830
A-P 492.753032 5.347807 0.000000 5.347807 0.000000 487.405225
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-1 948.716203 2.572022 6.322322 8.894344 0.000000 946.144181
M-2 948.716202 2.572021 6.322322 8.894343 0.000000 946.144181
M-3 948.716201 2.572023 6.322323 8.894346 0.000000 946.144178
B-1 948.716212 2.572020 6.322324 8.894344 0.000000 946.144193
B-2 948.716257 2.572015 6.322314 8.894329 0.000000 946.144242
B-3 702.174200 1.903635 4.679346 6.582981 0.000000 691.706780
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:20 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 17,571.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 701.09
SUBSERVICER ADVANCES THIS MONTH 54,206.64
MASTER SERVICER ADVANCES THIS MONTH 1,074.31
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 4,270,823.77
(B) TWO MONTHLY PAYMENTS: 5 235,181.10
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,302,867.53
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 566,458.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 83,580,151.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 961
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 130,849.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,540,245.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.26730660 % 19.86921400 % 3.78116520 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.82816050 % 20.24787896 % 3.85272890 %
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 9.09048200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 286.19
POOL TRADING FACTOR: 36.68372586
................................................................................
Run: 01/24/00 15:28:43 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 2,486.03 7.400000 % 2,486.03
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 24,148.96 7.300000 % 24,148.96
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 10,152.19 7.400000 % 10,152.19
A-7 76110FER0 31,579,563.00 2,575,211.87 6.990000 % 313,459.14
A-8 76110FES8 0.00 0.00 2.010000 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 9,153,490.63 7.400000 % 1,075,809.04
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 54,709.52 0.000000 % 116.44
A-15-1 96QS8A151 0.00 0.00 0.985629 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.508380 % 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 6,326,335.43 7.750000 % 5,716.28
M-2 76110FFC2 4,440,700.00 4,217,588.64 7.750000 % 3,810.88
M-3 76110FFD0 3,108,500.00 2,952,321.54 7.750000 % 2,667.63
B-1 1,509,500.00 1,433,659.11 7.750000 % 1,295.41
B-2 444,000.00 421,692.38 7.750000 % 381.03
B-3 1,154,562.90 922,264.98 7.750000 % 833.28
- -------------------------------------------------------------------------------
177,623,205.60 64,716,019.28 1,440,876.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 15.32 2,501.35 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-4 146.83 24,295.79 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 62.58 10,214.77 0.00 0.00 0.00
A-7 14,992.42 328,451.56 0.00 0.00 2,261,752.73
A-8 4,311.13 4,311.13 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 56,415.72 1,132,224.76 0.00 0.00 8,077,681.59
A-11 90,205.95 90,205.95 0.00 0.00 13,975,000.00
A-12 12,909.62 12,909.62 0.00 0.00 2,000,000.00
A-13 133,272.16 133,272.16 0.00 0.00 20,646,958.00
A-14 0.00 116.44 0.00 0.00 54,593.08
A-15-1 43,621.27 43,621.27 0.00 0.00 0.00
A-15-2 4,902.46 4,902.46 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 40,835.28 46,551.56 0.00 0.00 6,320,619.15
M-2 27,223.72 31,034.60 0.00 0.00 4,213,777.76
M-3 19,056.67 21,724.30 0.00 0.00 2,949,653.91
B-1 9,254.00 10,549.41 0.00 0.00 1,432,363.70
B-2 2,721.94 3,102.97 0.00 0.00 421,311.35
B-3 5,953.04 6,786.32 0.00 0.00 908,212.25
- -------------------------------------------------------------------------------
465,900.11 1,906,776.42 0.00 0.00 63,261,923.52
===============================================================================
Run: 01/24/00 15:28:43
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 0.621508 0.621508 0.003830 0.625338 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 6.413814 6.413814 0.038997 6.452811 0.000000 0.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 3.903938 3.903938 0.024065 3.928003 0.000000 0.000000
A-7 81.546786 9.926013 0.474751 10.400764 0.000000 71.620773
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-10 436.843246 51.342152 2.692397 54.034549 0.000000 385.501094
A-11 1000.000000 0.000000 6.454809 6.454809 0.000000 1000.000000
A-12 1000.000000 0.000000 6.454810 6.454810 0.000000 1000.000000
A-13 1000.000000 0.000000 6.454809 6.454809 0.000000 1000.000000
A-14 472.347608 1.005312 0.000000 1.005312 0.000000 471.342296
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-1 949.757608 0.858171 6.130503 6.988674 0.000000 948.899437
M-2 949.757615 0.858171 6.130502 6.988673 0.000000 948.899444
M-3 949.757613 0.858173 6.130503 6.988676 0.000000 948.899440
B-1 949.757608 0.858172 6.130507 6.988679 0.000000 948.899437
B-2 949.757613 0.858176 6.130495 6.988671 0.000000 948.899437
B-3 798.800117 0.721728 5.156098 5.877826 0.000000 786.628645
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:43 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,318.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 20,445.12
MASTER SERVICER ADVANCES THIS MONTH 899.27
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,372,436.99
(B) TWO MONTHLY PAYMENTS: 2 392,554.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 234,844.54
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 539,436.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 63,261,923.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 725
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 110,281.95
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,343,880.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.83214900 % 20.87221200 % 4.29563900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.29738290 % 21.31463931 % 4.36956800 %
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 8.96591895
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.94
POOL TRADING FACTOR: 35.61579880
................................................................................
Run: 01/24/00 15:28:46 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 6,835,701.93 11.000000 % 553,740.76
A-7 76110FFL2 17,652,000.00 0.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 4,120,415.24 6.750000 % 492,214.04
A-9 76110FFN8 19,068,000.00 17,511,764.32 6.750000 % 2,091,909.60
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 212,947.62 125,231.60 0.000000 % 184.18
A-13-1 0.00 0.00 1.010236 % 0.00
A-13-2 0.00 0.00 0.654553 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,120,632.40 7.500000 % 7,866.59
M-2 76110FFW8 6,251,000.00 6,080,097.38 7.500000 % 5,244.11
M-3 76110FFW8 4,375,700.00 4,256,068.16 7.500000 % 3,670.88
B-1 1,624,900.00 1,580,475.15 7.500000 % 1,363.17
B-2 624,800.00 608,236.06 7.500000 % 524.61
B-3 1,500,282.64 1,277,542.28 7.500000 % 1,101.87
- -------------------------------------------------------------------------------
250,038,730.26 109,289,929.52 3,157,819.81
===============================================================================
_______________________________________________________________________________
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 62,624.15 616,364.91 0.00 0.00 6,281,961.17
A-7 0.00 0.00 0.00 0.00 0.00
A-8 23,163.86 515,377.90 0.00 0.00 3,628,201.20
A-9 98,446.37 2,190,355.97 0.00 0.00 15,419,854.72
A-10 57,722.58 57,722.58 0.00 0.00 10,267,765.00
A-11 296,739.77 296,739.77 0.00 0.00 47,506,000.00
A-12 0.00 184.18 0.00 0.00 125,047.42
A-13-1 73,989.73 73,989.73 0.00 0.00 0.00
A-13-2 11,639.20 11,639.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,970.79 64,837.38 0.00 0.00 9,112,765.81
M-2 37,978.50 43,222.61 0.00 0.00 6,074,853.27
M-3 26,584.96 30,255.84 0.00 0.00 4,252,397.28
B-1 9,872.22 11,235.39 0.00 0.00 1,579,111.98
B-2 3,799.27 4,323.88 0.00 0.00 607,711.45
B-3 7,980.00 9,081.87 0.00 0.00 1,276,440.41
- -------------------------------------------------------------------------------
767,511.40 3,925,331.21 0.00 0.00 106,132,109.71
===============================================================================
Run: 01/24/00 15:28:46
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-6 216.926210 17.572575 1.987334 19.559909 0.000000 199.353635
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 728.556343 87.031437 4.095747 91.127184 0.000000 641.524906
A-9 918.384955 109.707867 5.162910 114.870777 0.000000 808.677088
A-10 1000.000000 0.000000 5.621728 5.621728 0.000000 1000.000000
A-11 1000.000000 0.000000 6.246364 6.246364 0.000000 1000.000000
A-12 588.086404 0.864908 0.000000 0.864908 0.000000 587.221496
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-1 972.659955 0.838924 6.075588 6.914512 0.000000 971.821031
M-2 972.659955 0.838923 6.075588 6.914511 0.000000 971.821032
M-3 972.659954 0.838924 6.075590 6.914514 0.000000 971.821030
B-1 972.659948 0.838925 6.075586 6.914511 0.000000 971.821023
B-2 973.489213 0.839645 6.080778 6.920423 0.000000 972.649568
B-3 851.534402 0.734428 5.318998 6.053426 0.000000 850.799960
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:46 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 22,453.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 36,553.25
MASTER SERVICER ADVANCES THIS MONTH 1,899.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,276,302.93
(B) TWO MONTHLY PAYMENTS: 3 236,021.62
(C) THREE OR MORE MONTHLY PAYMENTS: 4 459,028.62
FORECLOSURES
NUMBER OF LOANS 15
AGGREGATE PRINCIPAL BALANCE 1,667,666.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 106,132,109.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,150
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 231,406.68
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,063,518.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.00140630 % 17.82334200 % 3.17525130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.39457140 % 18.31680951 % 3.26701240 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 1,451,267.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,451,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.76173191
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 312.17
POOL TRADING FACTOR: 42.44626806
................................................................................
Run: 01/24/00 15:28:48 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 4,697,095.12 9.000000 % 627,970.41
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 3,450,856.77 7.250000 % 1,354,046.94
A-5 76110FGC1 10,000,000.00 920,451.82 7.250000 % 215,879.18
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 0.00
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 78,519.93 0.000000 % 1,373.59
A-10-1 97QS2A101 0.00 0.00 0.776588 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.431774 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,780,592.83 7.750000 % 4,183.80
M-2 76110FGL1 4,109,600.00 3,983,762.74 7.750000 % 3,486.45
M-3 76110FGM9 2,630,200.00 2,549,662.44 7.750000 % 2,231.37
B-1 1,068,500.00 1,035,782.18 7.750000 % 906.48
B-2 410,900.00 398,318.13 7.750000 % 348.59
B-3 821,738.81 699,211.27 7.750000 % 611.96
- -------------------------------------------------------------------------------
164,383,983.57 71,366,466.23 2,211,038.77
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 35,205.27 663,175.68 0.00 0.00 4,069,124.71
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 20,835.36 1,374,882.30 0.00 0.00 2,096,809.83
A-5 5,557.44 221,436.62 0.00 0.00 704,572.64
A-6 44,506.72 44,506.72 0.00 0.00 7,371,430.00
A-7 67,127.99 67,127.99 0.00 0.00 10,400,783.00
A-8 200,077.98 200,077.98 0.00 0.00 31,000,000.00
A-9 0.00 1,373.59 0.00 0.00 77,146.34
A-10-1 36,777.18 36,777.18 0.00 0.00 0.00
A-10-2 5,214.08 5,214.08 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,854.56 35,038.36 0.00 0.00 4,776,409.03
M-2 25,711.72 29,198.17 0.00 0.00 3,980,276.29
M-3 16,455.85 18,687.22 0.00 0.00 2,547,431.07
B-1 6,685.07 7,591.55 0.00 0.00 1,034,875.70
B-2 2,570.80 2,919.39 0.00 0.00 397,969.54
B-3 4,512.80 5,124.76 0.00 0.00 698,599.31
- -------------------------------------------------------------------------------
502,092.82 2,713,131.59 0.00 0.00 69,155,427.46
===============================================================================
Run: 01/24/00 15:28:48
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-1 150.990390 20.186412 1.131690 21.318102 0.000000 130.803978
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-4 189.607515 74.398184 1.144800 75.542984 0.000000 115.209331
A-5 92.045182 21.587918 0.555744 22.143662 0.000000 70.457264
A-6 1000.000000 0.000000 6.037732 6.037732 0.000000 1000.000000
A-7 1000.000000 0.000000 6.454129 6.454129 0.000000 1000.000000
A-8 1000.000000 0.000000 6.454128 6.454128 0.000000 1000.000000
A-9 601.400670 10.520615 0.000000 10.520615 0.000000 590.880056
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-1 969.379680 0.848366 6.256501 7.104867 0.000000 968.531314
M-2 969.379682 0.848367 6.256502 7.104869 0.000000 968.531315
M-3 969.379682 0.848365 6.256501 7.104866 0.000000 968.531317
B-1 969.379672 0.848367 6.256500 7.104867 0.000000 968.531306
B-2 969.379727 0.848357 6.256510 7.104867 0.000000 968.531370
B-3 850.892353 0.744665 5.491769 6.236434 0.000000 850.147640
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:48 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 14,688.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 18,512.22
MASTER SERVICER ADVANCES THIS MONTH 2,894.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,669,932.87
(B) TWO MONTHLY PAYMENTS: 4 237,295.81
(C) THREE OR MORE MONTHLY PAYMENTS: 5 355,605.67
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 69,331.37
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 69,155,427.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 797
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 347,443.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,148,578.36
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.13660120 % 15.87087100 % 2.99252780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.55023850 % 16.34595693 % 3.08554950 %
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 8.78296089
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 312.34
POOL TRADING FACTOR: 42.06944372
................................................................................
Run: 01/24/00 15:28:49 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 22,562,241.40 7.750000 % 1,771,417.79
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 68,984.68 0.000000 % 129.47
A-10-1 97QS3A101 0.00 0.00 0.799192 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.500984 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,183,547.94 7.750000 % 7,582.11
M-2 76110FHE6 4,112,900.00 3,987,396.79 7.750000 % 5,832.47
M-3 76110FHF3 2,632,200.00 2,551,879.61 7.750000 % 3,732.70
B-1 1,069,400.00 1,036,767.76 7.750000 % 1,516.51
B-2 411,200.00 398,652.42 7.750000 % 583.12
B-3 823,585.68 535,707.20 7.750000 % 783.57
- -------------------------------------------------------------------------------
164,514,437.18 71,963,177.80 1,791,577.74
===============================================================================
_______________________________________________________________________________
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-4 145,587.43 1,917,005.22 0.00 0.00 20,790,823.61
A-5 46,059.39 46,059.39 0.00 0.00 7,138,000.00
A-6 6,452.70 6,452.70 0.00 0.00 1,000,000.00
A-7 0.00 0.00 0.00 0.00 0.00
A-8 177,449.32 177,449.32 0.00 0.00 27,500,000.00
A-9 0.00 129.47 0.00 0.00 68,855.21
A-10-1 36,284.50 36,284.50 0.00 0.00 0.00
A-10-2 7,272.07 7,272.07 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,447.89 41,030.00 0.00 0.00 5,175,965.83
M-2 25,729.49 31,561.96 0.00 0.00 3,981,564.32
M-3 16,466.52 20,199.22 0.00 0.00 2,548,146.91
B-1 6,689.95 8,206.46 0.00 0.00 1,035,251.25
B-2 2,572.39 3,155.51 0.00 0.00 398,069.30
B-3 3,456.76 4,240.33 0.00 0.00 456,879.60
- -------------------------------------------------------------------------------
507,468.41 2,299,046.15 0.00 0.00 70,093,556.03
===============================================================================
Run: 01/24/00 15:28:49
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-4 960.504104 75.411570 6.197847 81.609417 0.000000 885.092533
A-5 1000.000000 0.000000 6.452702 6.452702 0.000000 1000.000000
A-6 1000.000000 0.000000 6.452700 6.452700 0.000000 1000.000000
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 1000.000000 0.000000 6.452703 6.452703 0.000000 1000.000000
A-9 642.605646 1.206038 0.000000 1.206038 0.000000 641.399608
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-1 969.485466 1.418092 6.255801 7.673893 0.000000 968.067374
M-2 969.485470 1.418092 6.255802 7.673894 0.000000 968.067378
M-3 969.485453 1.418091 6.255801 7.673892 0.000000 968.067362
B-1 969.485468 1.418094 6.255798 7.673892 0.000000 968.067374
B-2 969.485457 1.418093 6.255812 7.673905 0.000000 968.067364
B-3 650.457157 0.951413 4.197208 5.148621 0.000000 554.744468
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:49 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 14,731.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 617.35
SUBSERVICER ADVANCES THIS MONTH 30,449.72
MASTER SERVICER ADVANCES THIS MONTH 790.53
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,251,457.94
(B) TWO MONTHLY PAYMENTS: 6 1,533,244.51
(C) THREE OR MORE MONTHLY PAYMENTS: 2 496,755.58
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 591,350.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 70,093,556.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 753
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 99,452.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,354,641.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.95263170 % 16.30566200 % 2.74170600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.58416950 % 16.70007590 % 2.69933340 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 850,914.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,609,783.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79795919
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.89
POOL TRADING FACTOR: 42.60632515
................................................................................
Run: 01/24/00 15:28:50 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 22,398,546.00 419,703.73 7.250000 % 419,703.73
A-4 76110FHN6 24,498,244.00 2,057,167.46 10.000000 % 225,886.73
A-5 76110FHP1 17,675,100.00 17,675,100.00 7.500000 % 1,193,573.20
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 155,284.33 119,846.78 0.000000 % 159.92
A-9-1 797QS4A91 0.00 0.00 0.806176 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.477636 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 7,006,932.47 7.750000 % 11,658.67
M-2 76110FHW6 4,975,300.00 4,850,915.73 7.750000 % 8,071.32
M-3 76110FHX4 3,316,900.00 3,233,976.34 7.750000 % 5,380.94
B-1 1,216,200.00 1,185,794.58 7.750000 % 1,973.02
B-2 552,900.00 539,077.30 7.750000 % 896.96
B-3 995,114.30 805,415.21 7.750000 % 1,340.12
- -------------------------------------------------------------------------------
221,126,398.63 97,044,029.60 1,868,644.61
===============================================================================
_______________________________________________________________________________
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 2,533.41 422,237.14 0.00 0.00 0.00
A-4 17,127.49 243,014.22 0.00 0.00 1,831,280.73
A-5 110,369.02 1,303,942.22 0.00 0.00 16,481,526.80
A-6 46,135.78 46,135.78 0.00 0.00 7,150,100.00
A-7 335,528.22 335,528.22 0.00 0.00 52,000,000.00
A-8 0.00 159.92 0.00 0.00 119,686.86
A-9-1 51,249.06 51,249.06 0.00 0.00 0.00
A-9-2 8,227.74 8,227.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,212.00 56,870.67 0.00 0.00 6,995,273.80
M-2 31,300.37 39,371.69 0.00 0.00 4,842,844.41
M-3 20,867.12 26,248.06 0.00 0.00 3,228,595.40
B-1 7,651.30 9,624.32 0.00 0.00 1,183,821.56
B-2 3,478.38 4,375.34 0.00 0.00 538,180.34
B-3 5,196.91 6,537.03 0.00 0.00 804,075.09
- -------------------------------------------------------------------------------
684,876.80 2,553,521.41 0.00 0.00 95,175,384.99
===============================================================================
Run: 01/24/00 15:28:50
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 18.737990 18.737990 0.113106 18.851096 0.000000 0.000000
A-4 83.972037 9.220527 0.699131 9.919658 0.000000 74.751510
A-5 1000.000000 67.528512 6.244322 73.772834 0.000000 932.471488
A-6 1000.000000 0.000000 6.452466 6.452466 0.000000 1000.000000
A-7 1000.000000 0.000000 6.452466 6.452466 0.000000 1000.000000
A-8 771.789272 1.029853 0.000000 1.029853 0.000000 770.759419
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-1 974.999648 1.622279 6.291153 7.913432 0.000000 973.377369
M-2 974.999644 1.622278 6.291152 7.913430 0.000000 973.377366
M-3 974.999650 1.622280 6.291151 7.913431 0.000000 973.377370
B-1 974.999655 1.622283 6.291153 7.913436 0.000000 973.377372
B-2 974.999638 1.622283 6.291156 7.913439 0.000000 973.377356
B-3 809.369547 1.346690 5.222425 6.569115 0.000000 808.022845
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:50 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,082.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,311.80
SUBSERVICER ADVANCES THIS MONTH 25,451.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 1,954,667.24
(B) TWO MONTHLY PAYMENTS: 3 325,842.46
(C) THREE OR MORE MONTHLY PAYMENTS: 5 544,696.61
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 392,319.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 95,175,384.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,021
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 1,707,261.08
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.81866370 % 15.57075200 % 2.61058390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.49212410 % 15.83047299 % 2.65747030 %
BANKRUPTCY AMOUNT AVAILABLE 123,032.00
FRAUD AMOUNT AVAILABLE 112,437.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,380,465.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80046699
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.21
POOL TRADING FACTOR: 43.04116812
................................................................................
Run: 01/24/00 15:28:51 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 1,639,931.58 10.000000 % 624,685.99
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 4,373,150.92 7.250000 % 1,665,829.31
A-6 76110FJE4 18,143,000.00 18,143,000.00 8.000000 % 0.00
A-7 76110FJF1 4,767,000.00 4,767,000.00 8.000000 % 0.00
A-8 76110FJG9 0.00 0.00 0.750000 % 0.00
A-9 76110FJH7 42,917,000.00 42,917,000.00 7.250000 % 0.00
A-10 76110FJJ3 340,158.57 193,112.41 0.000000 % 596.57
A-11-1 0.00 0.00 0.693615 % 0.00
A-11-2 0.00 0.00 0.363463 % 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 6,559,610.13 8.000000 % 5,112.71
M-2 76110FJP9 4,330,000.00 4,220,373.24 8.000000 % 3,289.46
M-3 76110FJQ7 2,886,000.00 2,812,932.38 8.000000 % 2,192.46
B-1 1,058,000.00 1,031,213.57 8.000000 % 803.75
B-2 481,000.00 468,822.07 8.000000 % 365.41
B-3 866,066.26 505,714.28 8.000000 % 394.17
- -------------------------------------------------------------------------------
192,360,424.83 87,631,860.58 2,303,269.83
===============================================================================
_______________________________________________________________________________
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 13,661.89 638,347.88 0.00 0.00 1,015,245.59
A-4 0.00 0.00 0.00 0.00 0.00
A-5 26,412.97 1,692,242.28 0.00 0.00 2,707,321.61
A-6 120,916.04 120,916.04 0.00 0.00 18,143,000.00
A-7 31,770.20 31,770.20 0.00 0.00 4,767,000.00
A-8 26,814.86 26,814.86 0.00 0.00 0.00
A-9 259,210.28 259,210.28 0.00 0.00 42,917,000.00
A-10 0.00 596.57 0.00 0.00 192,515.84
A-11-1 38,576.21 38,576.21 0.00 0.00 0.00
A-11-2 6,319.84 6,319.84 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 43,717.25 48,829.96 0.00 0.00 6,554,497.42
M-2 28,127.15 31,416.61 0.00 0.00 4,217,083.78
M-3 18,747.10 20,939.56 0.00 0.00 2,810,739.92
B-1 6,872.64 7,676.39 0.00 0.00 1,030,409.82
B-2 3,124.52 3,489.93 0.00 0.00 468,456.66
B-3 3,370.39 3,764.56 0.00 0.00 476,384.03
- -------------------------------------------------------------------------------
627,641.34 2,930,911.17 0.00 0.00 85,299,654.67
===============================================================================
Run: 01/24/00 15:28:51
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 54.743017 20.852819 0.456051 21.308870 0.000000 33.890198
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 371.074854 141.350568 2.241219 143.591787 0.000000 229.724286
A-6 1000.000000 0.000000 6.664611 6.664611 0.000000 1000.000000
A-7 1000.000000 0.000000 6.664611 6.664611 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.039804 6.039804 0.000000 1000.000000
A-10 567.712905 1.753800 0.000000 1.753800 0.000000 565.959106
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-1 974.682040 0.759689 6.495877 7.255566 0.000000 973.922351
M-2 974.682042 0.759691 6.495878 7.255569 0.000000 973.922351
M-3 974.682044 0.759688 6.495877 7.255565 0.000000 973.922356
B-1 974.682013 0.759688 6.495879 7.255567 0.000000 973.922325
B-2 974.682058 0.759688 6.495884 7.255572 0.000000 973.922370
B-3 583.921004 0.455127 3.891608 4.346735 0.000000 550.054946
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:51 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 17,845.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 22,569.52
MASTER SERVICER ADVANCES THIS MONTH 6,088.98
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 1,898,348.38
(B) TWO MONTHLY PAYMENTS: 5 485,695.93
(C) THREE OR MORE MONTHLY PAYMENTS: 4 329,794.84
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 94,435.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,299,654.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 901
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 742,089.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,178,457.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 82.16046550 % 15.54564300 % 2.29389140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.72001570 % 15.92306695 % 2.32089870 %
BANKRUPTCY AMOUNT AVAILABLE 146,943.00
FRAUD AMOUNT AVAILABLE 995,474.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,391,187.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.92697167
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.76
POOL TRADING FACTOR: 44.34366099
................................................................................
Run: 01/24/00 15:28:51 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 10,820,420.92 7.500000 % 1,112,903.18
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 19,124,858.98 7.500000 % 81,561.01
A-6 76110FJW4 164,986.80 75,813.23 0.000000 % 378.06
A-7-1 0.00 0.00 0.836933 % 0.00
A-7-2 0.00 0.00 0.303016 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,389,068.55 7.500000 % 10,101.61
M-2 76110FKA0 1,061,700.00 955,573.41 7.500000 % 4,040.42
M-3 76110FKB8 690,100.00 621,118.22 7.500000 % 2,626.25
B-1 371,600.00 334,455.18 7.500000 % 1,414.16
B-2 159,300.00 143,376.50 7.500000 % 606.23
B-3 372,446.48 328,360.79 7.500000 % 1,388.40
- -------------------------------------------------------------------------------
106,172,633.28 55,585,045.78 1,215,019.32
===============================================================================
_______________________________________________________________________________
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 67,543.71 1,180,446.89 0.00 0.00 9,707,517.74
A-3 117,017.11 117,017.11 0.00 0.00 18,746,000.00
A-4 12,771.63 12,771.63 0.00 0.00 2,046,000.00
A-5 119,382.05 200,943.06 0.00 0.00 19,043,297.97
A-6 0.00 378.06 0.00 0.00 75,435.17
A-7-1 32,550.70 32,550.70 0.00 0.00 0.00
A-7-2 2,233.41 2,233.41 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 14,913.15 25,014.76 0.00 0.00 2,378,966.94
M-2 5,964.92 10,005.34 0.00 0.00 951,532.99
M-3 3,877.17 6,503.42 0.00 0.00 618,491.97
B-1 2,087.75 3,501.91 0.00 0.00 333,041.02
B-2 894.99 1,501.22 0.00 0.00 142,770.27
B-3 2,049.70 3,438.10 0.00 0.00 293,953.62
- -------------------------------------------------------------------------------
381,286.29 1,596,305.61 0.00 0.00 54,337,007.69
===============================================================================
_______________________________________________________________________________
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-2 689.945860 70.962391 4.306811 75.269202 0.000000 618.983469
A-3 1000.000000 0.000000 6.242244 6.242244 0.000000 1000.000000
A-4 1000.000000 0.000000 6.242243 6.242243 0.000000 1000.000000
A-5 898.851294 3.833295 5.610850 9.444145 0.000000 895.017999
A-6 459.510882 2.291456 0.000000 2.291456 0.000000 457.219426
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-1 900.040894 3.805610 5.618275 9.423885 0.000000 896.235285
M-2 900.040887 3.805614 5.618273 9.423887 0.000000 896.235274
M-3 900.040893 3.805608 5.618273 9.423881 0.000000 896.235285
B-1 900.040850 3.805597 5.618272 9.423869 0.000000 896.235253
B-2 900.040804 3.805587 5.618267 9.423854 0.000000 896.235217
B-3 881.632148 3.727784 5.503341 9.231125 0.000000 789.250633
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:51 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,513.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,247.64
SUBSERVICER ADVANCES THIS MONTH 17,311.14
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,001,624.66
(B) TWO MONTHLY PAYMENTS: 2 148,865.94
(C) THREE OR MORE MONTHLY PAYMENTS: 8 354,124.59
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 92,292.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,337,007.69
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 849
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 977,944.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.40331720 % 7.14432500 % 1.45235740 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.30368580 % 7.26759177 % 1.41861890 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 613,151.00
SPECIAL HAZARD AMOUNT AVAILABLE 733,321.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.57070095
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 140.05
POOL TRADING FACTOR: 51.17797874
................................................................................
Run: 01/24/00 16:01:22 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 4,968,805.07 7.613781 % 5,727.01
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 4,968,805.07 5,727.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 31,516.59 37,243.60 0.00 0.00 4,963,078.06
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
31,516.59 37,243.60 0.00 0.00 4,963,078.06
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 199.275611 0.229684 1.263984 1.493668 0.000000 199.045927
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:22 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 1,552.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 216.59
SUBSERVICER ADVANCES THIS MONTH 3,196.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 57,183.73
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 379,379.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,963,078.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 34
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 1,461.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000060 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.11000100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.77
POOL TRADING FACTOR: 19.90459259
................................................................................
Run: 01/24/00 16:01:23 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 4,268,883.83 8.094094 % 4,791.72
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 4,268,883.83 4,791.72
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 28,783.96 33,575.68 0.00 0.00 4,264,092.11
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
28,783.96 33,575.68 0.00 0.00 4,264,092.11
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 138.606579 0.155583 0.934588 1.090171 0.000000 138.450996
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:23 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 1,333.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 187.89
SUBSERVICER ADVANCES THIS MONTH 2,153.08
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 298,064.11
(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 4,264,092.05
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 30
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,346.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000140 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000140 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 0.9207 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.51886600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.64
POOL TRADING FACTOR: 13.84509942
................................................................................
Run: 01/24/00 15:28:53 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 9,465,254.74 7.500000 % 1,976,558.16
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 8,495,036.35 9.500000 % 282,365.45
A-8 76110FKP7 156,262.27 39,070.94 0.000000 % 38.59
A-9-1 0.00 0.00 0.839732 % 0.00
A-9-2 0.00 0.00 0.509699 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,472,655.73 7.750000 % 5,287.78
M-2 76110FKM4 3,827,000.00 3,698,798.47 7.750000 % 3,021.70
M-3 76110FKN2 2,870,200.00 2,774,050.56 7.750000 % 2,266.24
B-1 1,052,400.00 1,017,145.43 7.750000 % 830.95
B-2 478,400.00 462,373.96 7.750000 % 377.73
B-3 861,188.35 757,760.16 7.750000 % 619.04
- -------------------------------------------------------------------------------
191,342,550.62 83,182,146.34 2,271,365.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 59,125.28 2,035,683.44 0.00 0.00 7,488,696.58
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,712.16 68,712.16 0.00 0.00 11,000,000.00
A-4 24,986.24 24,986.24 0.00 0.00 4,000,000.00
A-5 112,958.63 112,958.63 0.00 0.00 17,500,000.00
A-6 105,670.98 105,670.98 0.00 0.00 17,500,000.00
A-7 67,215.36 349,580.81 0.00 0.00 8,212,670.90
A-8 0.00 38.59 0.00 0.00 39,032.35
A-9-1 48,604.51 48,604.51 0.00 0.00 0.00
A-9-2 5,810.22 5,810.22 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,779.56 47,067.34 0.00 0.00 6,467,367.95
M-2 23,874.92 26,896.62 0.00 0.00 3,695,776.77
M-3 17,905.88 20,172.12 0.00 0.00 2,771,784.32
B-1 6,565.44 7,396.39 0.00 0.00 1,016,314.48
B-2 2,984.53 3,362.26 0.00 0.00 461,996.23
B-3 4,891.18 5,510.22 0.00 0.00 757,141.12
- -------------------------------------------------------------------------------
591,084.89 2,862,450.53 0.00 0.00 80,910,780.70
===============================================================================
Run: 01/24/00 15:28:53
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-1 114.742878 23.960895 0.716748 24.677643 0.000000 90.781983
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.246560 6.246560 0.000000 1000.000000
A-4 1000.000000 0.000000 6.246560 6.246560 0.000000 1000.000000
A-5 1000.000000 0.000000 6.454779 6.454779 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038342 6.038342 0.000000 1000.000000
A-7 387.458899 12.878698 3.065695 15.944393 0.000000 374.580201
A-8 250.034381 0.246957 0.000000 0.246957 0.000000 249.787425
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-1 966.500781 0.789574 6.238549 7.028123 0.000000 965.711207
M-2 966.500776 0.789574 6.238547 7.028121 0.000000 965.711202
M-3 966.500787 0.789576 6.238548 7.028124 0.000000 965.711212
B-1 966.500789 0.789576 6.238540 7.028116 0.000000 965.711213
B-2 966.500753 0.789569 6.238566 7.028135 0.000000 965.711183
B-3 879.900616 0.718832 5.679571 6.398403 0.000000 879.181796
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:54 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7 (POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4255
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,007.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 30,698.47
MASTER SERVICER ADVANCES THIS MONTH 3,615.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 1,962,585.78
(B) TWO MONTHLY PAYMENTS: 5 454,393.65
(C) THREE OR MORE MONTHLY PAYMENTS: 7 504,853.64
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 894,736.39
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 80,910,780.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 889
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 469,496.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,203,407.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.73896720 % 15.57015400 % 2.69087900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.24143330 % 15.98665707 % 2.76419380 %
BANKRUPTCY AMOUNT AVAILABLE 200,000.00
FRAUD AMOUNT AVAILABLE 910,546.00
SPECIAL HAZARD AMOUNT AVAILABLE 983,302.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.86160643
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.83
POOL TRADING FACTOR: 42.28582740
................................................................................
Run: 01/24/00 15:28:54 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKU6 13,399,900.00 0.00 7.000000 % 0.00
A-2 76110FKV4 20,850,000.00 0.00 7.000000 % 0.00
A-3 76110FKW2 16,320,750.00 2,475,701.10 10.000000 % 77,241.49
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 5,760,711.21 7.250000 % 772,414.88
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 6,522,515.93 7.500000 % 249,724.01
A-9 76110FLC5 5,000,001.00 5,000,001.00 7.375000 % 0.00
A-10 76110FLD3 54,507,000.00 54,507,000.00 7.500000 % 0.00
A-11 76110FLE1 26,409.16 10,255.03 0.000000 % 5,598.26
A-12-1 0.00 0.00 0.948796 % 0.00
A-12-2 0.00 0.00 0.665185 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,453,868.07 7.500000 % 6,073.47
M-2 76110FLJ0 4,361,000.00 4,259,771.79 7.500000 % 3,470.90
M-3 76110FLK7 3,270,500.00 3,194,584.68 7.500000 % 2,602.97
B-1 1,199,000.00 1,171,168.62 7.500000 % 954.28
B-2 545,000.00 532,349.41 7.500000 % 433.76
B-3 981,461.72 818,822.59 7.500000 % 667.18
- -------------------------------------------------------------------------------
218,029,470.88 108,203,057.43 1,119,181.20
===============================================================================
_______________________________________________________________________________
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 20,625.31 97,866.80 0.00 0.00 2,398,459.61
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 34,794.97 807,209.85 0.00 0.00 4,988,296.33
A-7 99,638.47 99,638.47 0.00 0.00 16,496,308.00
A-8 40,754.79 290,478.80 0.00 0.00 6,272,791.92
A-9 30,720.93 30,720.93 0.00 0.00 5,000,001.00
A-10 340,577.43 340,577.43 0.00 0.00 54,507,000.00
A-11 0.00 5,598.26 0.00 0.00 4,656.77
A-12-1 66,364.16 66,364.16 0.00 0.00 0.00
A-12-2 13,436.33 13,436.33 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,574.19 52,647.66 0.00 0.00 7,447,794.60
M-2 26,616.43 30,087.33 0.00 0.00 4,256,300.89
M-3 19,960.80 22,563.77 0.00 0.00 3,191,981.71
B-1 7,317.84 8,272.12 0.00 0.00 1,170,214.34
B-2 3,326.29 3,760.05 0.00 0.00 531,915.65
B-3 5,116.27 5,783.45 0.00 0.00 818,155.41
- -------------------------------------------------------------------------------
755,824.21 1,875,005.41 0.00 0.00 107,083,876.23
===============================================================================
Run: 01/24/00 15:28:54
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-3 151.690400 4.732717 1.263748 5.996465 0.000000 146.957683
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-6 911.026361 122.153375 5.502643 127.656018 0.000000 788.872986
A-7 1000.000000 0.000000 6.040047 6.040047 0.000000 1000.000000
A-8 250.884949 9.605495 1.567610 11.173105 0.000000 241.279454
A-9 1000.000000 0.000000 6.144185 6.144185 0.000000 1000.000000
A-10 1000.000000 0.000000 6.248325 6.248325 0.000000 1000.000000
A-11 388.313373 211.981752 0.000000 211.981752 0.000000 176.331621
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-1 976.787848 0.795894 6.103288 6.899182 0.000000 975.991954
M-2 976.787845 0.795895 6.103286 6.899181 0.000000 975.991949
M-3 976.787855 0.795894 6.103287 6.899181 0.000000 975.991962
B-1 976.787840 0.795897 6.103286 6.899183 0.000000 975.991943
B-2 976.787908 0.795890 6.103284 6.899174 0.000000 975.992018
B-3 834.288871 0.679782 5.212908 5.892690 0.000000 833.609085
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:54 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 22,405.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,088.83
SUBSERVICER ADVANCES THIS MONTH 34,401.00
MASTER SERVICER ADVANCES THIS MONTH 686.90
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 3,068,419.89
(B) TWO MONTHLY PAYMENTS: 2 209,678.99
(C) THREE OR MORE MONTHLY PAYMENTS: 6 820,072.84
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 286,396.33
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 107,083,876.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,078
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 85,015.94
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,031,020.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.88934870 % 13.77931300 % 2.33133870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.73506770 % 13.91066305 % 2.35366430 %
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 8.71406882
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.72
POOL TRADING FACTOR: 49.11440449
................................................................................
Run: 01/24/00 15:28:56 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9(POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4263
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLL5 53,750,000.00 0.00 6.750000 % 0.00
A-2 76110FLM3 17,420,000.00 0.00 6.750000 % 0.00
A-3 76110FLN1 22,971,538.00 3,043,706.14 10.000000 % 435,546.76
A-4 76110FLP6 38,010,000.00 0.00 6.750000 % 0.00
A-5 76110FLQ4 17,163,462.00 16,740,384.16 6.750000 % 2,395,507.23
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 1.038743 % 0.00
A-9-2 0.00 0.00 0.718581 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,947,900.34 7.250000 % 6,445.96
M-2 76110FLX9 5,420,000.00 5,298,600.20 7.250000 % 4,297.31
M-3 76110FLY2 4,065,000.00 3,973,950.14 7.250000 % 3,222.98
B-1 1,490,500.00 1,457,115.02 7.250000 % 1,181.76
B-2 677,500.00 662,325.03 7.250000 % 537.16
B-3 1,219,925.82 1,166,693.47 7.250000 % 946.22
- -------------------------------------------------------------------------------
271,005,025.82 140,977,674.50 2,847,685.38
===============================================================================
_______________________________________________________________________________
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 25,354.17 460,900.93 0.00 0.00 2,608,159.38
A-4 0.00 0.00 0.00 0.00 0.00
A-5 94,127.35 2,489,634.58 0.00 0.00 14,344,876.93
A-6 181,039.28 181,039.28 0.00 0.00 29,977,000.00
A-7 97,020.92 97,020.92 0.00 0.00 16,065,000.00
A-8 330,016.07 330,016.07 0.00 0.00 54,645,000.00
A-9-1 104,482.41 104,482.41 0.00 0.00 0.00
A-9-2 12,107.67 12,107.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 47,999.53 54,445.49 0.00 0.00 7,941,454.38
M-2 31,999.70 36,297.01 0.00 0.00 5,294,302.89
M-3 23,999.77 27,222.75 0.00 0.00 3,970,727.16
B-1 8,799.91 9,981.67 0.00 0.00 1,455,933.26
B-2 3,999.96 4,537.12 0.00 0.00 661,787.87
B-3 7,045.98 7,992.20 0.00 0.00 1,165,747.25
- -------------------------------------------------------------------------------
967,992.72 3,815,678.10 0.00 0.00 138,129,989.12
===============================================================================
Run: 01/24/00 15:28:56
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-3 132.499014 18.960279 1.103721 20.064000 0.000000 113.538736
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 975.350087 139.570165 5.484170 145.054335 0.000000 835.779922
A-6 1000.000000 0.000000 6.039273 6.039273 0.000000 1000.000000
A-7 1000.000000 0.000000 6.039273 6.039273 0.000000 1000.000000
A-8 1000.000000 0.000000 6.039273 6.039273 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-1 977.601518 0.792861 5.904001 6.696862 0.000000 976.808657
M-2 977.601513 0.792862 5.904004 6.696866 0.000000 976.808651
M-3 977.601510 0.792861 5.904002 6.696863 0.000000 976.808649
B-1 977.601489 0.792861 5.903999 6.696860 0.000000 976.808628
B-2 977.601520 0.792856 5.904000 6.696856 0.000000 976.808664
B-3 956.364273 0.775637 5.775745 6.551382 0.000000 955.588635
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:56 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS9 (POOL # 4263)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4263
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 32,160.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 591.17
SUBSERVICER ADVANCES THIS MONTH 43,218.85
MASTER SERVICER ADVANCES THIS MONTH 1,958.71
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 3,664,372.12
(B) TWO MONTHLY PAYMENTS: 9 820,564.12
(C) THREE OR MORE MONTHLY PAYMENTS: 5 884,632.94
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 260,753.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 138,129,989.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,477
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 249,567.49
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,733,348.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.45402010 % 12.21502000 % 2.33096020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.16618080 % 12.45673336 % 2.37708580 %
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 8.59650547
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.93
POOL TRADING FACTOR: 50.96953044
................................................................................
Run: 01/24/00 15:28:57 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFMN0 199,969,492.00 56,412,675.47 7.250000 % 2,632,300.66
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 7611OFMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 7611OFMR1 64,916,508.00 63,076,701.07 7.250000 % 51,942.52
A-5 7611OFMS9 76,250.57 57,683.26 0.000000 % 30.48
A-6-1 0.00 0.00 1.004703 % 0.00
A-6-2 0.00 0.00 0.675434 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,338,828.67 7.250000 % 8,513.84
M-2 7611OFMW0 6,524,000.00 6,362,056.06 7.250000 % 5,239.04
M-3 7611OFMX8 4,893,000.00 4,771,542.01 7.250000 % 3,929.28
B-1 7611OFMY6 1,794,000.00 1,749,467.89 7.250000 % 1,440.65
B-2 7611OFMZ3 816,000.00 795,744.58 7.250000 % 655.28
B-3 7611OFNA7 1,468,094.11 1,308,017.39 7.250000 % 1,077.13
- -------------------------------------------------------------------------------
326,202,444.68 180,015,716.40 2,705,128.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 340,378.29 2,972,678.95 0.00 0.00 53,780,374.81
A-2 60,337.20 60,337.20 0.00 0.00 10,000,000.00
A-3 151,705.83 151,705.83 0.00 0.00 25,143,000.00
A-4 380,587.15 432,529.67 0.00 0.00 63,024,758.55
A-5 0.00 30.48 0.00 0.00 57,652.78
A-6-1 120,214.91 120,214.91 0.00 0.00 0.00
A-6-2 20,373.56 20,373.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,381.60 70,895.44 0.00 0.00 10,330,314.83
M-2 38,386.86 43,625.90 0.00 0.00 6,356,817.02
M-3 28,790.15 32,719.43 0.00 0.00 4,767,612.73
B-1 10,555.80 11,996.45 0.00 0.00 1,748,027.24
B-2 4,801.30 5,456.58 0.00 0.00 795,089.30
B-3 7,892.22 8,969.35 0.00 0.00 1,306,940.26
- -------------------------------------------------------------------------------
1,226,404.87 3,931,533.75 0.00 0.00 177,310,587.52
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 282.106410 13.163511 1.702151 14.865662 0.000000 268.942899
A-2 1000.000000 0.000000 6.033720 6.033720 0.000000 1000.000000
A-3 1000.000000 0.000000 6.033720 6.033720 0.000000 1000.000000
A-4 971.658874 0.800143 5.862718 6.662861 0.000000 970.858731
A-5 756.496115 0.399735 0.000000 0.399735 0.000000 756.096381
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-1 975.177200 0.803041 5.883946 6.686987 0.000000 974.374159
M-2 975.177201 0.803041 5.883945 6.686986 0.000000 974.374160
M-3 975.177194 0.803041 5.883946 6.686987 0.000000 974.374153
B-1 975.177196 0.803038 5.883946 6.686984 0.000000 974.374158
B-2 975.177181 0.803039 5.883946 6.686985 0.000000 974.374142
B-3 890.962903 0.733686 5.375827 6.109513 0.000000 890.229210
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:57 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 37,275.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,220.87
SUBSERVICER ADVANCES THIS MONTH 50,827.06
MASTER SERVICER ADVANCES THIS MONTH 1,530.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,535,224.48
(B) TWO MONTHLY PAYMENTS: 11 930,853.61
(C) THREE OR MORE MONTHLY PAYMENTS: 5 309,807.42
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,811,119.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 177,310,587.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,763
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 201,141.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,556,881.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.92690960 % 11.93190800 % 2.14118250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.72390270 % 12.10009221 % 2.17206940 %
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 8.51537878
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.37
POOL TRADING FACTOR: 54.35599592
................................................................................
Run: 01/24/00 15:28:57 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 57,145,315.00 7.000000 % 1,128,959.46
A-2 7611OFMD2 43,142.76 23,605.75 0.000000 % 229.00
A-3-1 0.00 0.00 1.079576 % 0.00
A-3-2 0.00 0.00 0.625683 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,775,081.43 7.000000 % 11,542.23
M-2 7611OFMH3 892,000.00 813,464.53 7.000000 % 3,383.40
M-3 7611OFMJ9 419,700.00 382,747.84 7.000000 % 1,591.94
B-1 7611OFMK6 367,000.00 334,687.77 7.000000 % 1,392.05
B-2 7611OFML4 262,400.00 239,297.16 7.000000 % 995.29
B-3 7611OFMM2 263,388.53 240,198.70 7.000000 % 999.05
- -------------------------------------------------------------------------------
104,940,731.29 61,954,398.18 1,149,092.42
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 332,425.03 1,461,384.49 0.00 0.00 56,016,355.54
A-2 0.00 229.00 0.00 0.00 23,376.75
A-3-1 44,024.02 44,024.02 0.00 0.00 0.00
A-3-2 6,699.05 6,699.05 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,143.18 27,685.41 0.00 0.00 2,763,539.20
M-2 4,732.08 8,115.48 0.00 0.00 810,081.13
M-3 2,226.52 3,818.46 0.00 0.00 381,155.90
B-1 1,946.95 3,339.00 0.00 0.00 333,295.72
B-2 1,392.04 2,387.33 0.00 0.00 238,301.87
B-3 1,397.28 2,396.33 0.00 0.00 239,199.65
- -------------------------------------------------------------------------------
410,986.15 1,560,078.57 0.00 0.00 60,805,305.76
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 573.460261 11.329247 3.335926 14.665173 0.000000 562.131014
A-2 547.154378 5.307959 0.000000 5.307959 0.000000 541.846419
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-1 911.955777 3.793043 5.305021 9.098064 0.000000 908.162734
M-2 911.955751 3.793049 5.305022 9.098071 0.000000 908.162702
M-3 911.955778 3.793043 5.305027 9.098070 0.000000 908.162735
B-1 911.955777 3.793052 5.305041 9.098093 0.000000 908.162725
B-2 911.955640 3.793026 5.305030 9.098056 0.000000 908.162614
B-3 911.955809 3.793028 5.305015 9.098043 0.000000 908.162743
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:28:57 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 12,810.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,734.76
SUBSERVICER ADVANCES THIS MONTH 17,447.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,019,609.24
(B) TWO MONTHLY PAYMENTS: 3 541,031.26
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 84,754.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 60,805,305.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 775
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 891,347.38
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.27286260 % 6.41247100 % 1.31466690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.15955540 % 6.50399859 % 1.33394460 %
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 8.31101337
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 144.56
POOL TRADING FACTOR: 57.94252147
................................................................................
Run: 01/24/00 15:29:00 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNB5 57,575,000.00 0.00 7.000000 % 0.00
A-2 76110FNC3 22,405,757.00 5,978,532.85 9.000000 % 339,430.49
A-3 76110FND1 62,824,125.00 5,408,556.04 7.000000 % 2,376,013.45
A-4 76110FNE9 24,294,118.00 24,294,118.00 6.875000 % 0.00
A-5 76110FNF6 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-6 76110FNG4 22,583,041.00 22,583,041.00 7.250000 % 0.00
A-7 76110FNR0 59,318,800.00 57,806,687.08 7.250000 % 67,124.91
A-8-1 0.00 0.00 0.930246 % 0.00
A-8-2 0.00 0.00 0.736843 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,212,633.32 7.250000 % 11,629.94
M-2 76110FNL3 4,471,600.00 4,376,898.80 7.250000 % 4,984.32
M-3 76110FNM1 4,471,500.00 4,376,800.91 7.250000 % 4,984.21
B-1 76110FNN9 1,639,600.00 1,606,035.78 7.250000 % 1,828.92
B-2 76110FNP4 745,200.00 730,479.85 7.250000 % 831.86
B-3 76110FNQ2 1,341,561.05 1,049,431.23 7.250000 % 1,195.07
- -------------------------------------------------------------------------------
298,104,002.05 164,423,214.86 2,808,023.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 44,822.60 384,253.09 0.00 0.00 5,639,102.36
A-3 31,538.37 2,407,551.82 0.00 0.00 3,032,542.59
A-4 139,134.14 139,134.14 0.00 0.00 24,294,118.00
A-5 157,025.87 157,025.87 0.00 0.00 26,000,000.00
A-6 136,389.30 136,389.30 0.00 0.00 22,583,041.00
A-7 349,120.98 416,245.89 0.00 0.00 57,739,562.17
A-8-1 106,033.81 106,033.81 0.00 0.00 0.00
A-8-2 16,936.00 16,936.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,678.76 73,308.70 0.00 0.00 10,201,003.38
M-2 26,434.09 31,418.41 0.00 0.00 4,371,914.48
M-3 26,433.50 31,417.71 0.00 0.00 4,371,816.70
B-1 9,699.58 11,528.50 0.00 0.00 1,604,206.86
B-2 4,411.71 5,243.57 0.00 0.00 729,647.99
B-3 6,337.99 7,533.06 0.00 0.00 1,047,735.10
- -------------------------------------------------------------------------------
1,115,996.70 3,924,019.87 0.00 0.00 161,614,690.63
===============================================================================
Run: 01/24/00 15:29:00
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 266.830210 15.149254 2.000495 17.149749 0.000000 251.680957
A-3 86.090432 37.820080 0.502010 38.322090 0.000000 48.270351
A-4 1000.000000 0.000000 5.727071 5.727071 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039457 6.039457 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039457 6.039457 0.000000 1000.000000
A-7 974.508707 1.131596 5.885503 7.017099 0.000000 973.377111
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-1 978.821626 1.114662 5.911551 7.026213 0.000000 977.706964
M-2 978.821630 1.114661 5.911551 7.026212 0.000000 977.706968
M-3 978.821628 1.114662 5.911551 7.026213 0.000000 977.706966
B-1 979.529019 1.115467 5.915821 7.031288 0.000000 978.413552
B-2 980.246712 1.116291 5.920169 7.036460 0.000000 979.130421
B-3 782.246347 0.890806 4.724340 5.615146 0.000000 780.982053
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:00 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 33,979.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,716.72
SUBSERVICER ADVANCES THIS MONTH 33,804.41
MASTER SERVICER ADVANCES THIS MONTH 2,991.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 34 2,978,545.45
(B) TWO MONTHLY PAYMENTS: 3 131,685.70
(C) THREE OR MORE MONTHLY PAYMENTS: 4 319,528.82
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,019,940.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 161,614,690.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,665
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 392,852.79
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,617,596.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.40564230 % 11.53507000 % 2.05928760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.18546100 % 11.72216120 % 2.09237780 %
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 8.47793081
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.75
POOL TRADING FACTOR: 54.21419690
................................................................................
Run: 01/24/00 15:27:18 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3(POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3359
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 25,117,531.34 5,043,724.87 7.667901 % 86,472.94
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 5,043,724.87 86,472.94
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 32,197.15 118,670.09 0.00 0.00 4,957,251.93
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
32,197.15 118,670.09 0.00 0.00 4,957,251.93
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 200.804960 3.442732 1.281860 4.724592 0.000000 197.362227
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:27:18 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 1,560.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 233.19
SUBSERVICER ADVANCES THIS MONTH 1,153.88
MASTER SERVICER ADVANCES THIS MONTH 314.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 158,496.99
(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 4,957,251.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 41
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 43,973.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 82,278.15
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 8.09216604
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.68
POOL TRADING FACTOR: 19.73622273
................................................................................
Run: 01/24/00 15:29:02 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 13,820,783.58 7.250000 % 417,841.54
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 25,230,930.89 7.250000 % 1,094,771.83
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 61,600,040.05 7.250000 % 50,522.13
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 36,783,757.28 7.000000 % 1,112,077.45
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 57,182,414.76 0.000000 % 1,018,759.60
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 8.425000 % 0.00
A-14 76110FPF4 0.00 0.00 6.075000 % 0.00
A-15 76110FPG2 26,249,000.00 11,517,246.50 7.000000 % 348,199.07
A-16 76110FPH0 2,386,273.00 1,047,022.54 10.000000 % 31,654.46
A-17 76110FPJ6 139,012.74 126,514.27 0.000000 % 349.56
A-18-1 0.00 0.00 0.908646 % 0.00
A-18-2 0.00 0.00 0.622291 % 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 15,922,220.49 7.250000 % 13,058.83
M-2 76110FPP2 5,422,000.00 5,307,080.56 7.250000 % 4,352.68
M-3 76110FPQ0 6,507,000.00 6,369,083.96 7.250000 % 5,223.69
B-1 76110FPR8 2,386,000.00 2,335,428.66 7.250000 % 1,915.43
B-2 76110FPS6 1,085,000.00 1,062,003.40 7.250000 % 871.02
B-3 76110FPT4 1,952,210.06 1,807,839.58 7.250000 % 1,482.68
- -------------------------------------------------------------------------------
433,792,422.80 261,591,781.52 4,101,079.97
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 83,451.94 501,293.48 0.00 0.00 13,402,942.04
A-2 0.00 0.00 0.00 0.00 0.00
A-3 152,348.08 1,247,119.91 0.00 0.00 24,136,159.06
A-4 40,727.30 40,727.30 0.00 0.00 6,745,000.00
A-5 25,574.07 25,574.07 0.00 0.00 4,235,415.00
A-6 63,394.51 63,394.51 0.00 0.00 10,499,000.00
A-7 371,950.14 422,472.27 0.00 0.00 61,549,517.92
A-8 0.00 0.00 0.00 0.00 0.00
A-9 214,446.94 1,326,524.39 0.00 0.00 35,671,679.83
A-10 7,658.82 7,658.82 0.00 0.00 0.00
A-11 0.00 1,018,759.60 0.00 0.00 56,163,655.16
A-12 172,637.93 172,637.93 0.00 0.00 0.00
A-13 100,308.59 100,308.59 0.00 0.00 0.00
A-14 72,329.34 72,329.34 0.00 0.00 0.00
A-15 67,144.81 415,343.88 0.00 0.00 11,169,047.43
A-16 8,720.11 40,374.57 0.00 0.00 1,015,368.08
A-17 0.00 349.56 0.00 0.00 126,164.71
A-18-1 151,626.00 151,626.00 0.00 0.00 0.00
A-18-2 31,734.25 31,734.25 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 96,140.72 109,199.55 0.00 0.00 15,909,161.66
M-2 32,044.93 36,397.61 0.00 0.00 5,302,727.88
M-3 38,457.47 43,681.16 0.00 0.00 6,363,860.27
B-1 14,101.66 16,017.09 0.00 0.00 2,333,513.23
B-2 6,412.53 7,283.55 0.00 0.00 1,061,132.38
B-3 10,916.00 12,398.68 0.00 0.00 1,806,356.90
- -------------------------------------------------------------------------------
1,762,126.14 5,863,206.11 0.00 0.00 257,490,701.55
===============================================================================
Run: 01/24/00 15:29:02
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-1 438.768963 13.265232 2.649352 15.914584 0.000000 425.503732
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 618.420326 26.833301 3.734113 30.567414 0.000000 591.587026
A-4 1000.000000 0.000000 6.038147 6.038147 0.000000 1000.000000
A-5 1000.000000 0.000000 6.038150 6.038150 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038147 6.038147 0.000000 1000.000000
A-7 977.793934 0.801951 5.904064 6.706015 0.000000 976.991983
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 538.254251 16.272955 3.137988 19.410943 0.000000 521.981297
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 571.605154 10.183694 0.000000 10.183694 0.000000 561.421460
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-15 438.768963 13.265232 2.557995 15.823227 0.000000 425.503731
A-16 438.768967 13.265232 3.654280 16.919512 0.000000 425.503735
A-17 910.091190 2.514590 0.000000 2.514590 0.000000 907.576601
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-1 978.804973 0.802780 5.910169 6.712949 0.000000 978.002192
M-2 978.804972 0.802781 5.910168 6.712949 0.000000 978.002191
M-3 978.804973 0.802780 5.910169 6.712949 0.000000 978.002193
B-1 978.804971 0.802779 5.910168 6.712947 0.000000 978.002192
B-2 978.804977 0.802783 5.910166 6.712949 0.000000 978.002194
B-3 926.047671 0.759508 5.591611 6.351119 0.000000 925.288182
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:02 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 54,045.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 48,283.97
MASTER SERVICER ADVANCES THIS MONTH 877.87
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,427,441.02
(B) TWO MONTHLY PAYMENTS: 8 769,434.98
(C) THREE OR MORE MONTHLY PAYMENTS: 7 579,259.00
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 575,178.58
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 257,490,701.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,424
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 129,780.88
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,886,513.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.45391420 % 10.55527800 % 1.99080810 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.26446440 % 10.70941578 % 2.02086990 %
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 8.36751032
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.82
POOL TRADING FACTOR: 59.35804500
................................................................................
Run: 01/24/00 15:29:04 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 4,605,204.39 7.000000 % 943,554.33
A-2 76110FPV9 117,395,000.00 52,061,031.74 7.000000 % 1,032,239.24
A-3 76110FPW7 51,380,000.00 51,380,000.00 7.000000 % 0.00
A-4 76110FPX5 1,862,000.00 1,862,000.00 7.000000 % 0.00
A-5 76110FPY3 65,040,000.00 65,040,000.00 7.000000 % 0.00
A-6-1 0.00 0.00 1.119094 % 0.00
A-6-2 0.00 0.00 0.915878 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,145,296.54 7.000000 % 12,859.81
M-2 76110FQD8 4,054,000.00 3,983,536.43 7.000000 % 4,596.33
M-3 76110FQE6 4,865,000.00 4,791,561.61 7.000000 % 5,528.66
B-1 76110FQF3 1,783,800.00 1,758,565.38 7.000000 % 0.00
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 0.00
B-3 76110FQH9 1,459,579.11 1,376,809.23 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 198,803,335.30 1,998,778.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 26,853.29 970,407.62 0.00 0.00 3,661,650.06
A-2 303,571.73 1,335,810.97 0.00 0.00 51,028,792.50
A-3 299,600.59 299,600.59 0.00 0.00 51,380,000.00
A-4 10,857.46 10,857.46 0.00 0.00 1,862,000.00
A-5 379,253.06 379,253.06 0.00 0.00 65,040,000.00
A-6-1 144,606.04 144,606.04 0.00 0.00 0.00
A-6-2 33,327.15 33,327.15 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 64,989.05 77,848.86 0.00 0.00 11,132,436.73
M-2 23,228.30 27,824.63 0.00 0.00 3,978,940.10
M-3 27,939.95 33,468.61 0.00 0.00 4,786,032.95
B-1 27,483.54 27,483.54 0.00 0.00 1,758,565.38
B-2 0.00 0.00 0.00 0.00 799,329.98
B-3 0.00 0.00 0.00 0.00 1,372,269.25
- -------------------------------------------------------------------------------
1,341,710.16 3,340,488.53 0.00 0.00 196,800,016.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 71.591649 14.668320 0.417456 15.085776 0.000000 56.923329
A-2 443.468902 8.792872 2.585900 11.378772 0.000000 434.676030
A-3 1000.000000 0.000000 5.831074 5.831074 0.000000 1000.000000
A-4 1000.000000 0.000000 5.831074 5.831074 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831074 5.831074 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-1 981.834695 1.132873 5.725151 6.858024 0.000000 980.701822
M-2 982.618754 1.133777 5.729724 6.863501 0.000000 981.484978
M-3 984.904750 1.136415 5.743052 6.879467 0.000000 983.768335
B-1 985.853448 0.000000 15.407299 15.407299 0.000000 985.853448
B-2 985.853453 0.000000 0.000000 0.000000 0.000000 985.853453
B-3 943.291954 0.000000 0.000000 0.000000 0.000000 940.181481
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:04 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 41,252.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 47,829.79
MASTER SERVICER ADVANCES THIS MONTH 1,516.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 3,386,255.55
(B) TWO MONTHLY PAYMENTS: 5 541,249.95
(C) THREE OR MORE MONTHLY PAYMENTS: 10 805,882.99
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,505,915.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 196,800,016.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,843
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 211,874.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,773,932.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 65,286.18
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.00065440 % 10.02015100 % 1.97919450 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.89249370 % 10.11047158 % 1.99703470 %
BANKRUPTCY AMOUNT AVAILABLE 217,609.00
FRAUD AMOUNT AVAILABLE 2,610,096.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,096.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.35292748
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.50
POOL TRADING FACTOR: 60.67935885
................................................................................
Run: 01/24/00 15:29:06 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQJ5 20,000,000.00 7,017,270.76 6.750000 % 491,739.46
A-2 76110FQK2 158,282,400.00 55,535,522.80 6.500000 % 3,891,685.13
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 18,670,456.26 7.081250 % 765,800.62
A-5 76110FQN6 0.00 0.00 1.944525 % 0.00
A-6 76110FQP1 13,504,750.00 6,413,583.29 6.981250 % 268,588.10
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 129,331.87 0.000000 % 751.76
A-9-1 0.00 0.00 1.049759 % 0.00
A-9-2 0.00 0.00 0.722727 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 17,036,626.45 7.000000 % 14,312.46
M-2 76110FQW6 5,422,000.00 5,323,823.03 7.000000 % 4,472.54
M-3 76110FQX4 5,422,000.00 5,323,823.03 7.000000 % 4,472.54
B-1 76110FQY2 2,385,700.00 2,342,501.79 7.000000 % 1,967.93
B-2 76110FQZ9 1,084,400.00 1,064,764.63 7.000000 % 894.51
B-3 76110FRA3 1,952,351.82 1,731,410.13 7.000000 % 1,454.56
- -------------------------------------------------------------------------------
433,770,084.51 289,927,014.04 5,446,139.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 39,446.14 531,185.60 0.00 0.00 6,525,531.30
A-2 300,619.16 4,192,304.29 0.00 0.00 51,643,837.67
A-3 464,228.84 464,228.84 0.00 0.00 82,584,000.00
A-4 110,102.53 875,903.15 0.00 0.00 17,904,655.64
A-5 40,620.33 40,620.33 0.00 0.00 0.00
A-6 37,287.77 305,875.87 0.00 0.00 6,144,995.19
A-7 505,730.89 505,730.89 0.00 0.00 86,753,900.00
A-8 0.00 751.76 0.00 0.00 128,580.11
A-9-1 187,196.68 187,196.68 0.00 0.00 0.00
A-9-2 45,620.74 45,620.74 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 99,314.82 113,627.28 0.00 0.00 17,022,313.99
M-2 31,035.16 35,507.70 0.00 0.00 5,319,350.49
M-3 31,035.16 35,507.70 0.00 0.00 5,319,350.49
B-1 13,655.58 15,623.51 0.00 0.00 2,340,533.86
B-2 6,207.04 7,101.55 0.00 0.00 1,063,870.12
B-3 10,093.23 11,547.79 0.00 0.00 1,727,994.00
- -------------------------------------------------------------------------------
1,922,194.07 7,368,333.68 0.00 0.00 284,478,912.86
===============================================================================
Run: 01/24/00 15:29:06
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-1 350.863538 24.586973 1.972307 26.559280 0.000000 326.276565
A-2 350.863538 24.586973 1.899258 26.486231 0.000000 326.276564
A-3 1000.000000 0.000000 5.621293 5.621293 0.000000 1000.000000
A-4 480.097927 19.692036 2.831211 22.523247 0.000000 460.405891
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 474.913145 19.888417 2.761086 22.649503 0.000000 455.024728
A-7 1000.000000 0.000000 5.829489 5.829489 0.000000 1000.000000
A-8 932.237889 5.418766 0.000000 5.418766 0.000000 926.819122
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-1 981.892849 0.824888 5.723933 6.548821 0.000000 981.067962
M-2 981.892850 0.824887 5.723932 6.548819 0.000000 981.067962
M-3 981.892850 0.824887 5.723932 6.548819 0.000000 981.067962
B-1 981.892857 0.824886 5.723930 6.548816 0.000000 981.067972
B-2 981.892872 0.824889 5.723940 6.548829 0.000000 981.067982
B-3 886.833056 0.745030 5.169780 5.914810 0.000000 885.083304
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:06 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 59,727.99
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 76,119.48
MASTER SERVICER ADVANCES THIS MONTH 3,380.43
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 52 5,981,880.54
(B) TWO MONTHLY PAYMENTS: 9 1,153,576.02
(C) THREE OR MORE MONTHLY PAYMENTS: 13 1,050,413.94
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,945,275.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 284,478,912.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,569
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 487,336.97
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,187,158.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.67384000 % 9.55296500 % 1.77319450 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.46725000 % 9.72339731 % 1.80495590 %
BANKRUPTCY AMOUNT AVAILABLE 2,037,626.00
FRAUD AMOUNT AVAILABLE 3,609,315.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,609,315.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.23887108
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.82
POOL TRADING FACTOR: 65.58287974
................................................................................
Run: 01/24/00 16:01:24 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 83,278,065.60 6.500000 % 1,061,190.24
A-2 76110FRC9 34,880,737.00 18,293,712.11 6.500000 % 312,253.84
A-3-1 0.00 0.00 1.237331 % 0.00
A-3-2 0.00 0.00 0.997754 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,640,994.76 6.500000 % 14,365.83
M-2 76110FRG0 785,100.00 727,920.83 6.500000 % 2,872.07
M-3 76110FRH8 707,000.00 655,508.86 6.500000 % 2,586.36
B-1 76110FRJ4 471,200.00 436,882.27 6.500000 % 1,723.75
B-2 76110FRK1 314,000.00 291,131.24 6.500000 % 1,148.68
B-3 76110FRL9 471,435.62 402,735.90 6.500000 % 1,589.03
- -------------------------------------------------------------------------------
157,074,535.62 107,726,951.57 1,397,729.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 450,745.28 1,511,935.52 0.00 0.00 82,216,875.36
A-2 99,015.32 411,269.16 0.00 0.00 17,981,458.27
A-3-1 88,632.04 88,632.04 0.00 0.00 0.00
A-3-2 18,031.73 18,031.73 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,707.00 34,072.83 0.00 0.00 3,626,628.93
M-2 3,939.89 6,811.96 0.00 0.00 725,048.76
M-3 3,547.96 6,134.32 0.00 0.00 652,922.50
B-1 2,364.64 4,088.39 0.00 0.00 435,158.52
B-2 1,575.76 2,724.44 0.00 0.00 289,982.56
B-3 2,179.83 3,768.86 0.00 0.00 401,146.86
- -------------------------------------------------------------------------------
689,739.45 2,087,469.25 0.00 0.00 106,329,221.76
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 720.910094 9.186366 3.901950 13.088316 0.000000 711.723729
A-2 524.464610 8.952042 2.838682 11.790724 0.000000 515.512567
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-1 927.169534 3.658220 5.018335 8.676555 0.000000 923.511314
M-2 927.169571 3.658222 5.018329 8.676551 0.000000 923.511349
M-3 927.169533 3.658218 5.018331 8.676549 0.000000 923.511315
B-1 927.169503 3.658213 5.018336 8.676549 0.000000 923.511290
B-2 927.169554 3.658217 5.018344 8.676561 0.000000 923.511338
B-3 854.275500 3.370619 4.623813 7.994432 0.000000 850.904860
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:24 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 22,420.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 686.44
SUBSERVICER ADVANCES THIS MONTH 16,172.13
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,312,085.74
(B) TWO MONTHLY PAYMENTS: 2 109,580.71
(C) THREE OR MORE MONTHLY PAYMENTS: 2 59,724.68
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 87,823.97
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 106,329,221.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,235
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 972,684.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.28631950 % 4.66403700 % 1.04964390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.23405150 % 4.70670255 % 1.05924590 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.97058500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 149.29
POOL TRADING FACTOR: 67.69348153
................................................................................
Run: 01/24/00 16:01:24 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 59,738,121.87 6.500000 % 1,927,565.39
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 22,401,085.45 6.981250 % 481,891.35
A-I-4 76110FRQ8 0.00 0.00 2.018750 % 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 53,713,823.45 7.000000 % 1,611,567.72
A-V-1 0.00 0.00 0.885967 % 0.00
A-V-2 0.00 0.00 0.637424 % 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 13,951,831.98 7.000000 % 11,395.77
M-2 76110FRY1 5,067,800.00 4,982,740.94 7.000000 % 4,069.87
M-3 76110FRZ8 5,067,800.00 4,982,740.94 7.000000 % 4,069.87
B-1 76110FSA2 2,230,000.00 2,192,571.17 7.000000 % 1,790.88
B-2 76110FSB0 1,216,400.00 1,195,983.68 7.000000 % 976.87
B-3 76110FSC8 1,621,792.30 1,498,434.67 7.000000 % 1,223.91
- -------------------------------------------------------------------------------
405,421,992.30 289,257,779.15 4,044,551.63
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 323,464.55 2,251,029.94 0.00 0.00 57,810,556.48
A-I-2 335,873.57 335,873.57 0.00 0.00 59,732,445.00
A-I-3 130,275.88 612,167.23 0.00 0.00 21,919,194.10
A-I-4 37,671.54 37,671.54 0.00 0.00 0.00
A-I-5 378,259.92 378,259.92 0.00 0.00 64,868,000.00
A-II 313,268.64 1,924,836.36 0.00 0.00 52,102,255.73
A-V-1 170,666.68 170,666.68 0.00 0.00 0.00
A-V-2 30,807.27 30,807.27 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 81,355.08 92,750.85 0.00 0.00 13,940,436.21
M-2 29,055.06 33,124.93 0.00 0.00 4,978,671.07
M-3 29,055.06 33,124.93 0.00 0.00 4,978,671.07
B-1 12,785.19 14,576.07 0.00 0.00 2,190,780.29
B-2 6,973.95 7,950.82 0.00 0.00 1,195,006.81
B-3 8,737.58 9,961.49 0.00 0.00 1,429,489.59
- -------------------------------------------------------------------------------
1,888,249.97 5,932,801.60 0.00 0.00 285,145,506.35
===============================================================================
Run: 01/24/00 16:01:24
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-1 442.483629 14.277585 2.395920 16.673505 0.000000 428.206044
A-I-2 1000.000000 0.000000 5.622967 5.622967 0.000000 1000.000000
A-I-3 543.476181 11.691240 3.160643 14.851883 0.000000 531.784940
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831225 5.831225 0.000000 1000.000000
A-II 714.251073 21.429567 4.165640 25.595207 0.000000 692.821506
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-1 983.215784 0.803085 5.733268 6.536353 0.000000 982.412700
M-2 983.215782 0.803084 5.733268 6.536352 0.000000 982.412698
M-3 983.215782 0.803084 5.733268 6.536352 0.000000 982.412698
B-1 983.215771 0.803085 5.733269 6.536354 0.000000 982.412686
B-2 983.215784 0.803083 5.733267 6.536350 0.000000 982.412701
B-3 923.937467 0.754665 5.387609 6.142274 0.000000 881.425809
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:24 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 59,666.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,927.07
SUBSERVICER ADVANCES THIS MONTH 63,080.18
MASTER SERVICER ADVANCES THIS MONTH 5,519.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,136,320.01
(B) TWO MONTHLY PAYMENTS: 12 1,245,695.15
(C) THREE OR MORE MONTHLY PAYMENTS: 12 963,032.38
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 2,207,489.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 285,145,506.35
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,554
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 708,674.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,762,691.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.04199530 % 8.26851200 % 1.68949290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.93038490 % 8.38090653 % 1.68870860 %
BANKRUPTCY AMOUNT AVAILABLE 230,361.00
FRAUD AMOUNT AVAILABLE 8,108,440.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,054,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.16516400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.01
POOL TRADING FACTOR: 70.33301394
................................................................................
Run: 01/24/00 15:29:09 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 69,066,566.37 6.750000 % 2,970,380.61
A-2 76110FSE4 75,936,500.00 69,942,974.20 6.750000 % 1,599,435.71
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 1.051413 % 0.00
A-6-2 0.00 0.00 0.851512 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,447,908.98 6.750000 % 12,909.81
M-2 76110FSM6 4,216,900.00 4,149,303.00 6.750000 % 4,303.27
M-3 76110FSN4 4,392,600.00 4,322,186.51 6.750000 % 4,482.57
B-1 76110FSP9 1,757,100.00 1,728,933.64 6.750000 % 1,793.09
B-2 76110FSQ7 1,054,300.00 1,037,399.55 6.750000 % 1,075.89
B-3 76110FSR5 1,405,623.28 1,359,928.42 6.750000 % 1,410.39
- -------------------------------------------------------------------------------
351,405,323.28 262,495,700.67 4,595,791.34
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 388,272.17 3,358,652.78 0.00 0.00 66,096,185.76
A-2 393,199.07 1,992,634.78 0.00 0.00 68,343,538.49
A-3 98,300.09 98,300.09 0.00 0.00 17,485,800.00
A-4 74,008.12 74,008.12 0.00 0.00 13,164,700.00
A-5 381,095.68 381,095.68 0.00 0.00 67,790,000.00
A-6-1 174,908.67 174,908.67 0.00 0.00 0.00
A-6-2 44,502.18 44,502.18 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,978.53 82,888.34 0.00 0.00 12,434,999.17
M-2 23,326.18 27,629.45 0.00 0.00 4,144,999.73
M-3 24,298.08 28,780.65 0.00 0.00 4,317,703.94
B-1 9,719.56 11,512.65 0.00 0.00 1,727,140.55
B-2 5,831.96 6,907.85 0.00 0.00 1,036,323.66
B-3 7,645.12 9,055.51 0.00 0.00 1,354,265.13
- -------------------------------------------------------------------------------
1,695,085.41 6,290,876.75 0.00 0.00 257,895,656.43
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 455.731512 19.599875 2.561990 22.161865 0.000000 436.131637
A-2 921.071872 21.062805 5.177998 26.240803 0.000000 900.009067
A-3 1000.000000 0.000000 5.621710 5.621710 0.000000 1000.000000
A-4 1000.000000 0.000000 5.621710 5.621710 0.000000 1000.000000
A-5 1000.000000 0.000000 5.621709 5.621709 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-1 983.969976 1.020482 5.531594 6.552076 0.000000 982.949495
M-2 983.969978 1.020482 5.531594 6.552076 0.000000 982.949496
M-3 983.969975 1.020482 5.531594 6.552076 0.000000 982.949492
B-1 983.969973 1.020483 5.531592 6.552075 0.000000 982.949491
B-2 983.969980 1.020478 5.531594 6.552072 0.000000 982.949502
B-3 967.491389 1.003391 5.438954 6.442345 0.000000 963.462367
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:09 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 54,019.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,383.19
SUBSERVICER ADVANCES THIS MONTH 66,561.16
MASTER SERVICER ADVANCES THIS MONTH 3,671.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 5,269,913.52
(B) TWO MONTHLY PAYMENTS: 3 626,119.17
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,330,297.67
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,724,900.58
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 257,895,656.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,177
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 504,860.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,283,234.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 56,756.87
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.45863990 % 7.96942500 % 1.57193490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.30017310 % 8.10316200 % 1.59666490 %
BANKRUPTCY AMOUNT AVAILABLE 184,749.00
FRAUD AMOUNT AVAILABLE 2,914,047.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,914,047.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08517719
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.76
POOL TRADING FACTOR: 73.38979786
................................................................................
Run: 01/24/00 16:01:25 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-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 14,763,985.71 6.750000 % 164,342.37
CB-2 76110FST1 39,313,092.00 39,313,092.00 6.750000 % 0.00
CB-3 76110FSU8 13,813,906.00 13,813,906.00 6.750000 % 0.00
CB-4 76110FSV6 16,300,000.00 5,912,052.54 6.750000 % 315,537.36
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 92,266,550.72 6.750000 % 1,343,605.74
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 46,787,609.34 6.750000 % 527,932.41
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 6,268,264.46 6.750000 % 58,622.03
A-P 76110FTE3 57,464.36 52,682.94 0.000000 % 54.81
A-V-1 0.00 0.00 1.004640 % 0.00
A-V-2 0.00 0.00 0.740081 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,861,445.38 6.750000 % 10,572.26
M-2 76110FTH6 5,029,000.00 4,946,671.94 6.750000 % 4,066.22
M-3 76110FTJ2 4,224,500.00 4,155,342.14 6.750000 % 3,415.74
B-1 76110FTK9 2,011,600.00 1,978,668.77 6.750000 % 1,626.49
B-2 76110FTL7 1,207,000.00 1,187,240.62 6.750000 % 975.93
B-3 76110FTM5 1,609,449.28 1,583,101.50 6.750000 % 1,301.33
- -------------------------------------------------------------------------------
402,311,611.64 304,491,739.06 2,432,052.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 83,022.17 247,364.54 0.00 0.00 14,599,643.34
CB-2 221,068.91 221,068.91 0.00 0.00 39,313,092.00
CB-3 77,679.59 77,679.59 0.00 0.00 13,813,906.00
CB-4 33,245.19 348,782.55 0.00 0.00 5,596,515.18
CB-5 115,277.44 115,277.44 0.00 0.00 20,500,000.00
CB-6 518,841.55 1,862,447.29 0.00 0.00 90,922,944.98
CB-7 159,918.63 159,918.63 0.00 0.00 28,438,625.00
NB-1 263,130.71 791,063.12 0.00 0.00 46,259,676.93
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,341.32 54,341.32 0.00 0.00 9,662,500.00
NB-4 35,252.35 93,874.38 0.00 0.00 6,209,642.43
A-P 0.00 54.81 0.00 0.00 52,628.13
A-V-1 198,833.73 198,833.73 0.00 0.00 0.00
A-V-2 41,261.07 41,261.07 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,322.67 82,894.93 0.00 0.00 12,850,873.12
M-2 27,816.20 31,882.42 0.00 0.00 4,942,605.72
M-3 23,366.38 26,782.12 0.00 0.00 4,151,926.40
B-1 11,126.48 12,752.97 0.00 0.00 1,977,042.28
B-2 6,676.11 7,652.04 0.00 0.00 1,186,264.69
B-3 8,902.12 10,203.45 0.00 0.00 1,581,800.17
- -------------------------------------------------------------------------------
1,952,082.62 4,384,135.31 0.00 0.00 302,059,686.37
===============================================================================
Run: 01/24/00 16:01:25
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-1 731.818741 8.146095 4.115229 12.261324 0.000000 723.672646
CB-2 1000.000000 0.000000 5.623290 5.623290 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623289 5.623289 0.000000 1000.000000
CB-4 362.702610 19.358120 2.039582 21.397702 0.000000 343.344490
CB-5 1000.000000 0.000000 5.623290 5.623290 0.000000 1000.000000
CB-6 675.945427 9.843265 3.801037 13.644302 0.000000 666.102161
CB-7 1000.000000 0.000000 5.623290 5.623290 0.000000 1000.000000
NB-1 616.433480 6.955585 3.466785 10.422370 0.000000 609.477895
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.623940 5.623940 0.000000 1000.000000
NB-4 626.826446 5.862203 3.525235 9.387438 0.000000 620.964243
A-P 916.793296 0.953816 0.000000 0.953816 0.000000 915.839479
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-1 983.629336 0.808555 5.531159 6.339714 0.000000 982.820781
M-2 983.629338 0.808554 5.531159 6.339713 0.000000 982.820784
M-3 983.629338 0.808555 5.531159 6.339714 0.000000 982.820784
B-1 983.629335 0.808555 5.531159 6.339714 0.000000 982.820780
B-2 983.629345 0.808558 5.531160 6.339718 0.000000 982.820787
B-3 983.629319 0.808556 5.531159 6.339715 0.000000 982.820765
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:25 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 63,328.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,320.09
SUBSERVICER ADVANCES THIS MONTH 42,422.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,532,905.50
(B) TWO MONTHLY PAYMENTS: 4 435,573.11
(C) THREE OR MORE MONTHLY PAYMENTS: 7 899,144.65
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 874,274.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 302,059,686.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,485
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 2,181,698.76
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.22567560 % 7.21315400 % 1.55965180 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.16228850 % 7.26525459 % 1.57119080 %
BANKRUPTCY AMOUNT AVAILABLE 182,918.00
FRAUD AMOUNT AVAILABLE 8,046,232.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,023,116.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.02454200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.94
POOL TRADING FACTOR: 75.08102616
................................................................................
Run: 01/24/00 16:01:26 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 172,668,000.00 116,723,199.44 6.750000 % 2,708,304.21
CB-2 76110FUA9 35,551,000.00 35,551,000.00 6.750000 % 0.00
CB-3 76110FUB7 44,215,000.00 44,215,000.00 6.750000 % 0.00
NB-1 76110FUC5 32,242,000.00 23,068,978.41 6.750000 % 1,897,064.30
NB-2 76110FUD3 77,840,000.00 47,204,617.57 6.750000 % 906,109.74
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 68,475.81 0.000000 % 84.79
A-V 76110FUH4 0.00 0.00 0.938277 % 0.00
R 76110FUJ0 100.00 0.00 6.750000 % 0.00
M-1 76110FUK7 13,245,900.00 13,065,701.90 6.750000 % 10,501.53
M-2 76110FUL5 5,094,600.00 5,025,292.73 6.750000 % 4,039.07
M-3 76110FUM3 4,279,400.00 4,221,182.76 6.750000 % 3,392.77
B-1 76110FUN1 2,037,800.00 2,010,077.65 6.750000 % 1,615.60
B-2 76110FUP6 1,222,600.00 1,205,967.67 6.750000 % 969.29
B-3 76110FUQ4 1,631,527.35 1,497,605.71 6.750000 % 1,203.70
- -------------------------------------------------------------------------------
407,565,332.24 307,541,099.65 5,533,285.00
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 656,357.21 3,364,661.42 0.00 0.00 114,014,895.23
CB-2 199,910.18 199,910.18 0.00 0.00 35,551,000.00
CB-3 248,629.53 248,629.53 0.00 0.00 44,215,000.00
NB-1 129,745.88 2,026,810.18 0.00 0.00 21,171,914.11
NB-2 265,490.93 1,171,600.67 0.00 0.00 46,298,507.83
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,962.34 76,962.34 0.00 0.00 13,684,000.00
A-P 0.00 84.79 0.00 0.00 68,391.02
A-V 240,402.25 240,402.25 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,472.72 83,974.25 0.00 0.00 13,055,200.37
M-2 28,258.87 32,297.94 0.00 0.00 5,021,253.66
M-3 23,737.09 27,129.86 0.00 0.00 4,217,789.99
B-1 11,303.33 12,918.93 0.00 0.00 2,008,462.05
B-2 6,781.55 7,750.84 0.00 0.00 1,204,998.38
B-3 8,421.53 9,625.23 0.00 0.00 1,496,402.02
- -------------------------------------------------------------------------------
1,969,473.41 7,502,758.41 0.00 0.00 302,007,814.66
===============================================================================
Run: 01/24/00 16:01:26
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-1 675.997865 15.685038 3.801267 19.486305 0.000000 660.312827
CB-2 1000.000000 0.000000 5.623194 5.623194 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623194 5.623194 0.000000 1000.000000
NB-1 715.494647 58.838295 4.024126 62.862421 0.000000 656.656352
NB-2 606.431367 11.640670 3.410726 15.051396 0.000000 594.790697
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.624258 5.624258 0.000000 1000.000000
A-P 932.850795 1.155167 0.000000 1.155167 0.000000 931.695628
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-1 986.395934 0.792814 5.546827 6.339641 0.000000 985.603120
M-2 986.395935 0.792814 5.546828 6.339642 0.000000 985.603121
M-3 986.395934 0.792814 5.546827 6.339641 0.000000 985.603120
B-1 986.395942 0.792816 5.546830 6.339646 0.000000 985.603126
B-2 986.395935 0.792810 5.546826 6.339636 0.000000 985.603125
B-3 917.916399 0.737775 5.161746 5.899521 0.000000 917.178629
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:26 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 63,484.86
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,426.36
SUBSERVICER ADVANCES THIS MONTH 61,557.87
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 4,637,588.97
(B) TWO MONTHLY PAYMENTS: 7 1,317,119.56
(C) THREE OR MORE MONTHLY PAYMENTS: 7 782,365.73
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,601,164.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 302,007,814.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,327
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 5,285,991.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.21033020 % 7.25502300 % 1.53268980 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.05644900 % 7.38200899 % 1.55987000 %
BANKRUPTCY AMOUNT AVAILABLE 167,865.00
FRAUD AMOUNT AVAILABLE 8,151,307.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,075,653.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01515700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.21
POOL TRADING FACTOR: 74.10046703
................................................................................
Run: 01/24/00 16:01:26 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 99,036,591.26 6.500000 % 1,306,596.10
NB 76110FTP8 41,430,000.00 28,643,551.33 6.500000 % 729,642.39
A-P 76110FTQ6 63,383.01 59,062.31 0.000000 % 239.85
A-V 76110FTV5 0.00 0.00 0.926741 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,240,747.51 6.500000 % 16,034.37
M-2 76110FTT0 780,000.00 733,921.24 6.500000 % 2,774.97
M-3 76110FTU7 693,500.00 652,531.24 6.500000 % 2,467.24
B-1 76110FTW3 520,000.00 489,280.85 6.500000 % 1,849.98
B-2 76110FTX1 433,500.00 407,890.83 6.500000 % 1,542.25
B-3 76110FTY9 433,464.63 407,857.61 6.500000 % 1,542.12
- -------------------------------------------------------------------------------
173,314,947.64 134,671,434.18 2,062,689.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 535,587.66 1,842,183.76 0.00 0.00 97,729,995.16
NB 154,903.68 884,546.07 0.00 0.00 27,913,908.94
A-P 0.00 239.85 0.00 0.00 58,822.46
A-V 103,837.78 103,837.78 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 22,933.87 38,968.24 0.00 0.00 4,224,713.14
M-2 3,969.03 6,744.00 0.00 0.00 731,146.27
M-3 3,528.87 5,996.11 0.00 0.00 650,064.00
B-1 2,646.02 4,496.00 0.00 0.00 487,430.87
B-2 2,205.87 3,748.12 0.00 0.00 406,348.58
B-3 2,205.69 3,747.81 0.00 0.00 406,315.49
- -------------------------------------------------------------------------------
831,818.47 2,894,507.74 0.00 0.00 132,608,744.91
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 795.768648 10.498627 4.303499 14.802126 0.000000 785.270021
NB 691.372226 17.611450 3.738925 21.350375 0.000000 673.760776
A-P 931.831890 3.784092 0.000000 3.784092 0.000000 928.047798
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-1 940.924675 3.557659 5.088500 8.646159 0.000000 937.367016
M-2 940.924667 3.557654 5.088500 8.646154 0.000000 937.367013
M-3 940.924643 3.557664 5.088493 8.646157 0.000000 937.366979
B-1 940.924712 3.557654 5.088500 8.646154 0.000000 937.367058
B-2 940.924637 3.557670 5.088512 8.646182 0.000000 937.366967
B-3 940.924776 3.557661 5.088512 8.646173 0.000000 937.367109
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:26 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 27,823.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,781.69
SUBSERVICER ADVANCES THIS MONTH 19,852.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,218,950.42
(B) TWO MONTHLY PAYMENTS: 3 168,753.62
(C) THREE OR MORE MONTHLY PAYMENTS: 3 588,221.25
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 41,966.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 132,608,744.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,473
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 1,553,477.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.85022870 % 4.17846600 % 0.96904690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.78987370 % 4.22741608 % 0.98083420 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,733,149.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,733,149.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75464700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 154.01
POOL TRADING FACTOR: 76.51316099
................................................................................
Run: 01/24/00 15:29:12 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10(POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4313
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FUR2 25,000,000.00 16,144,546.85 6.750000 % 311,344.58
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 10,110,155.97 6.750000 % 1,101,686.57
A-4 76110FUU5 17,404,000.00 17,404,000.00 6.750000 % 0.00
A-5 76110FUV3 7,831,000.00 7,831,000.00 6.750000 % 0.00
A-6 76110FUW1 13,853,000.00 13,853,000.00 6.750000 % 0.00
A-7 76110FUX9 14,886,000.00 14,886,000.00 6.750000 % 0.00
A-8 76110FUY7 8,409,000.00 8,409,000.00 6.750000 % 0.00
A-9 76110FUZ4 5,000,000.00 5,000,000.00 6.750000 % 0.00
A-10 76110FVA8 16,186,000.00 15,978,449.20 6.750000 % 12,698.46
A-11 76110FVB6 10,998.00 10,613.69 0.000000 % 11.51
A-12 76110FVC4 0.00 0.00 1.002631 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,765,104.06 6.750000 % 3,786.94
M-2 76110FVF7 2,011,300.00 1,985,509.38 6.750000 % 1,577.93
M-3 76110FVG5 2,011,300.00 1,985,509.38 6.750000 % 1,577.93
B-1 76110FVH3 884,900.00 873,553.06 6.750000 % 694.23
B-2 76110FVJ9 482,700.00 476,510.41 6.750000 % 378.69
B-3 76110FVK6 643,577.01 635,324.45 6.750000 % 504.92
- -------------------------------------------------------------------------------
160,885,875.01 120,348,276.45 1,434,261.76
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 90,793.38 402,137.96 0.00 0.00 15,833,202.27
A-2 0.00 0.00 0.00 0.00 0.00
A-3 56,857.30 1,158,543.87 0.00 0.00 9,008,469.40
A-4 97,876.27 97,876.27 0.00 0.00 17,404,000.00
A-5 44,039.83 44,039.83 0.00 0.00 7,831,000.00
A-6 77,906.23 77,906.23 0.00 0.00 13,853,000.00
A-7 83,715.59 83,715.59 0.00 0.00 14,886,000.00
A-8 47,290.37 47,290.37 0.00 0.00 8,409,000.00
A-9 28,118.90 28,118.90 0.00 0.00 5,000,000.00
A-10 89,859.29 102,557.75 0.00 0.00 15,965,750.74
A-11 0.00 11.51 0.00 0.00 10,602.18
A-12 100,532.26 100,532.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,797.90 30,584.84 0.00 0.00 4,761,317.12
M-2 11,166.07 12,744.00 0.00 0.00 1,983,931.45
M-3 11,166.07 12,744.00 0.00 0.00 1,983,931.45
B-1 4,912.67 5,606.90 0.00 0.00 872,858.83
B-2 2,679.79 3,058.48 0.00 0.00 476,131.72
B-3 3,572.92 4,077.84 0.00 0.00 634,819.53
- -------------------------------------------------------------------------------
777,284.84 2,211,546.60 0.00 0.00 118,914,014.69
===============================================================================
Run: 01/24/00 15:29:12
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-1 645.781874 12.453783 3.631735 16.085518 0.000000 633.328091
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 813.105676 88.602748 4.572728 93.175476 0.000000 724.502928
A-4 1000.000000 0.000000 5.623780 5.623780 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623781 5.623781 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623780 5.623780 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623780 5.623780 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623780 5.623780 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623780 5.623780 0.000000 1000.000000
A-10 987.177141 0.784534 5.551667 6.336201 0.000000 986.392607
A-11 965.056374 1.046554 0.000000 1.046554 0.000000 964.009820
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-1 987.177141 0.784533 5.551668 6.336201 0.000000 986.392608
M-2 987.177139 0.784532 5.551668 6.336200 0.000000 986.392607
M-3 987.177139 0.784532 5.551668 6.336200 0.000000 986.392607
B-1 987.177150 0.784529 5.551667 6.336196 0.000000 986.392621
B-2 987.177149 0.784525 5.551668 6.336193 0.000000 986.392625
B-3 987.177044 0.784537 5.551659 6.336196 0.000000 986.392491
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:12 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 24,945.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,116.22
SUBSERVICER ADVANCES THIS MONTH 32,800.54
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 3,007,420.28
(B) TWO MONTHLY PAYMENTS: 2 600,540.63
(C) THREE OR MORE MONTHLY PAYMENTS: 4 701,099.19
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 198,613.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 118,914,014.69
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 937
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 1,338,615.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.09047780 % 7.25967500 % 1.64984750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.99017440 % 7.34074957 % 1.66842150 %
BANKRUPTCY AMOUNT AVAILABLE 132,896.00
FRAUD AMOUNT AVAILABLE 3,217,718.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,608,859.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.07585538
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.27
POOL TRADING FACTOR: 73.91202906
................................................................................
Run: 01/24/00 15:29:13 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 12,481,163.99 6.750000 % 4,965,970.55
A-2 76110FVM2 43,000,000.00 43,000,000.00 6.750000 % 0.00
A-3 76110FVNO 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 7.281250 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 5.156560 % 0.00
A-10 76110FVU2 7,590,000.00 6,995,338.47 6.750000 % 45,288.95
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 76,654.47 0.000000 % 97.26
A-14 76110FVZ3 0.00 0.00 0.929437 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,608,042.27 6.750000 % 9,254.66
M-2 76110FWC3 5,349,900.00 5,276,284.23 6.750000 % 4,206.59
M-3 76110FWD1 5,349,900.00 5,276,284.23 6.750000 % 4,206.59
B-1 76110FWE9 2,354,000.00 2,321,608.47 6.750000 % 1,850.93
B-2 76110FWF6 1,284,000.00 1,266,331.88 6.750000 % 1,009.60
B-3 76110FWG4 1,712,259.01 1,688,697.86 6.750000 % 1,346.34
- -------------------------------------------------------------------------------
427,987,988.79 340,490,405.87 5,033,231.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 70,191.06 5,036,161.61 0.00 0.00 7,515,193.44
A-2 241,821.63 241,821.63 0.00 0.00 43,000,000.00
A-3 337,425.53 337,425.53 0.00 0.00 60,000,000.00
A-4 151,841.49 151,841.49 0.00 0.00 27,000,000.00
A-5 295,247.34 295,247.34 0.00 0.00 52,500,000.00
A-6 205,267.20 205,267.20 0.00 0.00 36,500,000.00
A-7 140,593.97 140,593.97 0.00 0.00 25,000,000.00
A-8 63,120.58 63,120.58 0.00 0.00 10,405,000.00
A-9 14,903.46 14,903.46 0.00 0.00 3,469,000.00
A-10 39,340.10 84,629.05 0.00 0.00 6,950,049.52
A-11 42,178.19 42,178.19 0.00 0.00 7,500,000.00
A-12 158,173.84 158,173.84 0.00 0.00 28,126,000.00
A-13 0.00 97.26 0.00 0.00 76,557.21
A-14 263,662.10 263,662.10 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,280.83 74,535.49 0.00 0.00 11,598,787.61
M-2 29,672.55 33,879.14 0.00 0.00 5,272,077.64
M-3 29,672.55 33,879.14 0.00 0.00 5,272,077.64
B-1 13,056.17 14,907.10 0.00 0.00 2,319,757.54
B-2 7,121.55 8,131.15 0.00 0.00 1,265,322.28
B-3 9,496.83 10,843.17 0.00 0.00 1,635,220.12
- -------------------------------------------------------------------------------
2,178,066.97 7,211,298.44 0.00 0.00 335,405,043.00
===============================================================================
Run: 01/24/00 15:29:13
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-1 126.072364 50.161319 0.709001 50.870320 0.000000 75.911045
A-2 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-8 1000.000000 0.000000 6.066370 6.066370 0.000000 1000.000000
A-9 1000.000000 0.000000 4.296183 4.296183 0.000000 1000.000000
A-10 921.651972 5.966924 5.183149 11.150073 0.000000 915.685049
A-11 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623759 5.623759 0.000000 1000.000000
A-13 984.898968 1.249650 0.000000 1.249650 0.000000 983.649318
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-1 986.239785 0.786292 5.546375 6.332667 0.000000 985.453493
M-2 986.239786 0.786293 5.546375 6.332668 0.000000 985.453493
M-3 986.239786 0.786293 5.546375 6.332668 0.000000 985.453493
B-1 986.239792 0.786291 5.546376 6.332667 0.000000 985.453500
B-2 986.239782 0.786293 5.546379 6.332672 0.000000 985.453489
B-3 986.239728 0.786295 5.546375 6.332670 0.000000 955.007455
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:13 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 70,439.20
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,559.95
SUBSERVICER ADVANCES THIS MONTH 49,962.28
MASTER SERVICER ADVANCES THIS MONTH 755.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 4,248,590.77
(B) TWO MONTHLY PAYMENTS: 6 1,073,088.04
(C) THREE OR MORE MONTHLY PAYMENTS: 6 619,231.61
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 918,950.75
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 335,405,043.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,616
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 104,204.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,671,439.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.94002920 % 6.50990500 % 1.55006610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.83986930 % 6.60185151 % 1.55677200 %
BANKRUPTCY AMOUNT AVAILABLE 182,125.00
FRAUD AMOUNT AVAILABLE 7,120,571.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,560,285.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.00430587
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.11
POOL TRADING FACTOR: 78.36786353
................................................................................
Run: 01/24/00 15:29:16 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 25,968,088.05 6.750000 % 3,910,382.01
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 7.276250 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 5.059037 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,596.92 0.000000 % 91.81
A-11 76110FWT6 0.00 0.00 0.876809 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,022,337.85 6.750000 % 10,529.79
M-2 76110FWW9 6,000,000.00 5,919,782.64 6.750000 % 4,786.70
M-3 76110FWX7 4,799,500.00 4,735,332.79 6.750000 % 3,828.96
B-1 76110FWY5 2,639,600.00 2,604,309.71 6.750000 % 2,105.83
B-2 76110FWZ2 1,439,500.00 1,420,254.51 6.750000 % 1,148.41
B-3 76110FXA6 1,919,815.88 1,894,148.81 6.750000 % 1,531.60
- -------------------------------------------------------------------------------
479,943,188.77 393,391,851.28 3,934,405.11
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 146,026.48 4,056,408.49 0.00 0.00 22,057,706.04
A-2 269,733.07 269,733.07 0.00 0.00 47,967,000.00
A-3 379,691.18 379,691.18 0.00 0.00 67,521,000.00
A-4 170,644.81 170,644.81 0.00 0.00 30,346,000.00
A-5 256,478.94 256,478.94 0.00 0.00 45,610,000.00
A-6 160,983.97 160,983.97 0.00 0.00 28,628,000.00
A-7 98,314.95 98,314.95 0.00 0.00 16,219,000.00
A-8 21,266.84 21,266.84 0.00 0.00 5,046,000.00
A-9 542,249.68 542,249.68 0.00 0.00 96,429,000.00
A-10 0.00 91.81 0.00 0.00 61,505.11
A-11 287,354.57 287,354.57 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,228.58 83,758.37 0.00 0.00 13,011,808.06
M-2 33,288.75 38,075.45 0.00 0.00 5,914,995.94
M-3 26,628.22 30,457.18 0.00 0.00 4,731,503.83
B-1 14,644.83 16,750.66 0.00 0.00 2,602,203.88
B-2 7,986.52 9,134.93 0.00 0.00 1,419,106.10
B-3 10,651.38 12,182.98 0.00 0.00 1,892,617.21
- -------------------------------------------------------------------------------
2,499,172.77 6,433,577.88 0.00 0.00 389,457,446.17
===============================================================================
Run: 01/24/00 15:29:16
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-1 231.615973 34.877690 1.302447 36.180137 0.000000 196.738283
A-2 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-7 1000.000000 0.000000 6.061715 6.061715 0.000000 1000.000000
A-8 1000.000000 0.000000 4.214594 4.214594 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623305 5.623305 0.000000 1000.000000
A-10 979.705561 1.460248 0.000000 1.460248 0.000000 978.245314
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-1 986.630440 0.797784 5.548124 6.345908 0.000000 985.832656
M-2 986.630440 0.797783 5.548125 6.345908 0.000000 985.832657
M-3 986.630439 0.797783 5.548124 6.345907 0.000000 985.832656
B-1 986.630440 0.797784 5.548125 6.345909 0.000000 985.832657
B-2 986.630434 0.797784 5.548121 6.345905 0.000000 985.832650
B-3 986.630452 0.797785 5.548126 6.345911 0.000000 985.832667
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:16 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 81,507.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,174.70
SUBSERVICER ADVANCES THIS MONTH 76,139.06
MASTER SERVICER ADVANCES THIS MONTH 682.42
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 54 7,496,757.19
(B) TWO MONTHLY PAYMENTS: 5 1,103,198.45
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,103,151.37
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 739,366.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 389,457,446.17
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,007
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 90,806.82
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,616,300.47
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.47549200 % 6.01973900 % 1.50476930 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.40561290 % 6.07468366 % 1.51874390 %
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 7.95527183
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.50
POOL TRADING FACTOR: 81.14657219
................................................................................
Run: 01/24/00 16:01:27 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 188,037,444.00 158,588,428.13 7.000000 % 1,628,001.59
CB-2 76110FXP8 6,964,350.00 5,873,645.66 0.000000 % 60,296.36
NB-1 76110FXQ1 25,499,800.00 14,750,053.83 6.750000 % 428,402.46
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 9,636,263.42 6.400000 % 223,676.49
NB-8 76110FXX6 20,899,000.00 14,733,168.16 6.100000 % 245,718.21
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,688.72 0.000000 % 58.01
A-V 76110FYA5 0.00 0.00 0.829729 % 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 8,689,022.67 6.750000 % 6,930.85
M-2 76110FYE7 4,001,000.00 3,949,421.14 6.750000 % 3,150.28
M-3 76110FYF4 3,201,000.00 3,159,734.32 6.750000 % 2,520.38
B-1 76110FYG2 1,760,300.00 1,737,607.11 6.750000 % 1,386.01
B-2 76110FYH0 960,000.00 947,624.15 6.750000 % 755.88
B-3 76110FYJ6 1,280,602.22 1,264,093.40 6.750000 % 1,008.29
- -------------------------------------------------------------------------------
320,086,417.14 266,758,909.71 2,601,904.81
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 924,770.11 2,552,771.70 0.00 0.00 156,960,426.54
CB-2 0.00 60,296.36 0.00 0.00 5,813,349.30
NB-1 82,961.35 511,363.81 0.00 0.00 14,321,651.37
NB-2 41,750.50 41,750.50 0.00 0.00 7,423,000.00
NB-3 120,533.45 120,533.45 0.00 0.00 21,430,159.00
NB-4 22,610.40 22,610.40 0.00 0.00 4,020,000.00
NB-5 59,057.02 59,057.02 0.00 0.00 10,500,000.00
NB-6 2,810.32 2,810.32 0.00 0.00 0.00
NB-7 51,388.63 275,065.12 0.00 0.00 9,412,586.93
NB-8 74,886.65 320,604.86 0.00 0.00 14,487,449.95
NB-9 7,979.73 7,979.73 0.00 0.00 0.00
A-P 0.00 58.01 0.00 0.00 56,630.71
A-V 184,398.74 184,398.74 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 48,861.16 55,792.01 0.00 0.00 8,682,091.82
M-2 22,208.86 25,359.14 0.00 0.00 3,946,270.86
M-3 17,768.21 20,288.59 0.00 0.00 3,157,213.94
B-1 9,771.12 11,157.13 0.00 0.00 1,736,221.10
B-2 5,328.80 6,084.68 0.00 0.00 946,868.27
B-3 7,108.41 8,116.70 0.00 0.00 1,263,085.11
- -------------------------------------------------------------------------------
1,684,193.46 4,286,098.27 0.00 0.00 264,157,004.90
===============================================================================
Run: 01/24/00 16:01:27
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-1 843.387491 8.657859 4.918010 13.575869 0.000000 834.729633
CB-2 843.387489 8.657859 0.000000 8.657859 0.000000 834.729630
NB-1 578.438020 16.800228 3.253412 20.053640 0.000000 561.637792
NB-2 1000.000000 0.000000 5.624478 5.624478 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624478 5.624478 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624478 5.624478 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624478 5.624478 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 631.927564 14.668273 3.369967 18.038240 0.000000 617.259291
NB-8 704.970006 11.757415 3.583265 15.340680 0.000000 693.212592
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 976.349387 0.999185 0.000000 0.999185 0.000000 975.350202
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-1 987.108511 0.787373 5.550828 6.338201 0.000000 986.321138
M-2 987.108508 0.787373 5.550827 6.338200 0.000000 986.321135
M-3 987.108504 0.787373 5.550831 6.338204 0.000000 986.321131
B-1 987.108510 0.787371 5.550827 6.338198 0.000000 986.321138
B-2 987.108490 0.787375 5.550833 6.338208 0.000000 986.321115
B-3 987.108550 0.787356 5.550834 6.338190 0.000000 986.321191
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:27 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 55,236.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,485.44
SUBSERVICER ADVANCES THIS MONTH 62,134.58
MASTER SERVICER ADVANCES THIS MONTH 1,778.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 6,374,379.05
(B) TWO MONTHLY PAYMENTS: 5 756,001.91
(C) THREE OR MORE MONTHLY PAYMENTS: 4 542,477.42
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 996,007.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 264,157,004.89
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,888
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 252,058.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,389,107.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.57599620 % 5.92226800 % 1.48048460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.52869250 % 5.97583116 % 1.49419500 %
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 7.90466700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.73
POOL TRADING FACTOR: 82.52677738
................................................................................
Run: 01/24/00 16:01:28 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 97,328,828.97 6.500000 % 1,111,605.62
NB 37,758,000.00 29,118,111.31 6.500000 % 128,514.71
A-P 53,454.22 50,421.03 0.000000 % 202.05
A-V 0.00 0.00 0.844310 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,881,525.40 6.500000 % 14,387.20
M-2 706,500.00 671,637.95 6.500000 % 2,489.48
M-3 628,000.00 597,011.50 6.500000 % 2,212.87
B-1 471,000.00 447,758.64 6.500000 % 1,659.65
B-2 314,000.00 298,505.76 6.500000 % 1,106.44
B-3 471,221.05 447,968.76 6.500000 % 1,660.43
- -------------------------------------------------------------------------------
156,999,275.27 132,841,769.32 1,263,838.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 526,838.24 1,638,443.86 0.00 0.00 96,217,223.35
NB 157,615.52 286,130.23 0.00 0.00 28,989,596.60
A-P 0.00 202.05 0.00 0.00 50,218.98
A-V 93,402.65 93,402.65 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 21,010.59 35,397.79 0.00 0.00 3,867,138.20
M-2 3,635.56 6,125.04 0.00 0.00 669,148.47
M-3 3,231.60 5,444.47 0.00 0.00 594,798.63
B-1 2,423.71 4,083.36 0.00 0.00 446,098.99
B-2 1,615.81 2,722.25 0.00 0.00 297,399.32
B-3 2,424.84 4,085.27 0.00 0.00 446,308.32
- -------------------------------------------------------------------------------
812,198.52 2,076,036.97 0.00 0.00 131,577,930.86
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 865.037497 9.879709 4.682424 14.562133 0.000000 855.157788
NB 771.177269 3.403642 4.174361 7.578003 0.000000 767.773627
A-P 943.256304 3.779807 0.000000 3.779807 0.000000 939.476497
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-1 950.655253 3.523684 5.145871 8.669555 0.000000 947.131570
M-2 950.655272 3.523680 5.145874 8.669554 0.000000 947.131592
M-3 950.655255 3.523678 5.145860 8.669538 0.000000 947.131576
B-1 950.655287 3.523673 5.145881 8.669554 0.000000 947.131614
B-2 950.655287 3.523694 5.145892 8.669586 0.000000 947.131592
B-3 950.655239 3.523675 5.145865 8.669540 0.000000 947.131535
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:28 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 27,549.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,111.85
SUBSERVICER ADVANCES THIS MONTH 22,332.06
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,694,526.33
(B) TWO MONTHLY PAYMENTS: 1 85,786.35
(C) THREE OR MORE MONTHLY PAYMENTS: 2 209,956.99
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 131,577,930.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,294
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 771,440.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.22227310 % 3.87692400 % 0.89898920 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.19425080 % 3.89965495 % 0.90460530 %
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 7.67081700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 157.63
POOL TRADING FACTOR: 83.80798614
................................................................................
Run: 01/24/00 15:29:21 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 96,859,292.90 6.750000 % 4,666,639.66
A-2 76110FYL1 97,975,000.00 65,085,124.14 6.500000 % 443,356.61
A-3 76110FYM9 46,000,000.00 30,557,954.97 6.250000 % 208,159.23
A-4 76110FYN7 37,995,000.00 25,240,206.46 8.000000 % 171,935.00
A-5 76110FYP2 25,759,000.00 25,759,000.00 6.750000 % 0.00
A-6 76110FYQ0 88,071,000.00 88,071,000.00 6.750000 % 0.00
A-P 76110FYR8 95,321.30 90,175.48 0.000000 % 793.45
A-V 76110FYS6 0.00 0.00 0.810683 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,262,418.21 6.750000 % 9,857.37
M-2 76110FYV9 5,563,000.00 5,496,843.89 6.750000 % 4,418.74
M-3 76110FYW7 4,279,000.00 4,228,113.41 6.750000 % 3,398.85
B-1 76110FYX5 2,567,500.00 2,536,966.88 6.750000 % 2,039.39
B-2 76110FYY3 1,283,800.00 1,268,532.84 6.750000 % 1,019.73
B-3 76110FYZ0 1,711,695.86 1,691,340.06 6.750000 % 1,359.61
- -------------------------------------------------------------------------------
427,918,417.16 359,146,969.24 5,512,977.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 544,649.09 5,211,288.75 0.00 0.00 92,192,653.24
A-2 352,425.08 795,781.69 0.00 0.00 64,641,767.53
A-3 159,102.15 367,261.38 0.00 0.00 30,349,795.74
A-4 168,211.08 340,146.08 0.00 0.00 25,068,271.46
A-5 144,845.33 144,845.33 0.00 0.00 25,759,000.00
A-6 495,231.69 495,231.69 0.00 0.00 88,071,000.00
A-P 0.00 793.45 0.00 0.00 89,382.03
A-V 242,546.59 242,546.59 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 68,952.75 78,810.12 0.00 0.00 12,252,560.84
M-2 30,909.28 35,328.02 0.00 0.00 5,492,425.15
M-3 23,775.09 27,173.94 0.00 0.00 4,224,714.56
B-1 14,265.61 16,305.00 0.00 0.00 2,534,927.49
B-2 7,133.08 8,152.81 0.00 0.00 1,267,513.11
B-3 9,510.57 10,870.18 0.00 0.00 1,689,980.45
- -------------------------------------------------------------------------------
2,261,557.39 7,774,535.03 0.00 0.00 353,633,991.60
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 929.480394 44.781971 5.226557 50.008528 0.000000 884.698423
A-2 664.303385 4.525201 3.597092 8.122293 0.000000 659.778184
A-3 664.303369 4.525201 3.458742 7.983943 0.000000 659.778168
A-4 664.303368 4.525201 4.427190 8.952391 0.000000 659.778167
A-5 1000.000000 0.000000 5.623096 5.623096 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623096 5.623096 0.000000 1000.000000
A-P 946.016053 8.323953 0.000000 8.323953 0.000000 937.692100
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-1 988.107833 0.794309 5.556225 6.350534 0.000000 987.313525
M-2 988.107836 0.794309 5.556225 6.350534 0.000000 987.313527
M-3 988.107831 0.794309 5.556226 6.350535 0.000000 987.313522
B-1 988.107840 0.794310 5.556226 6.350536 0.000000 987.313531
B-2 988.107836 0.794306 5.556224 6.350530 0.000000 987.313530
B-3 988.107817 0.794306 5.556227 6.350533 0.000000 987.313513
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:22 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 74,121.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,390.27
SUBSERVICER ADVANCES THIS MONTH 40,362.92
MASTER SERVICER ADVANCES THIS MONTH 1,134.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,924,115.48
(B) TWO MONTHLY PAYMENTS: 4 546,592.65
(C) THREE OR MORE MONTHLY PAYMENTS: 5 872,476.19
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 329,118.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 353,633,991.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,766
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 149,692.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,224,255.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.34544070 % 6.12364800 % 1.53091100 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.23234610 % 6.21255339 % 1.55352990 %
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 7.88610656
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.98
POOL TRADING FACTOR: 82.64051684
................................................................................
Run: 01/24/00 16:01:28 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 250,018,000.00 216,800,297.98 6.500000 % 3,060,925.14
NB 150,029,000.00 124,696,634.23 6.500000 % 2,707,472.09
A-V 0.00 0.00 1.003240 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,471,111.48 6.500000 % 11,626.06
M-2 5,377,000.00 5,320,057.87 6.500000 % 4,274.12
M-3 4,517,000.00 4,469,165.24 6.500000 % 3,590.52
B-1 2,581,000.00 2,553,667.35 6.500000 % 2,051.61
B-2 1,290,500.00 1,276,833.67 6.500000 % 1,025.81
B-3 1,720,903.67 1,702,679.41 6.500000 % 1,367.93
- -------------------------------------------------------------------------------
430,159,503.67 371,290,447.23 5,792,333.28
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,173,655.01 4,234,580.15 0.00 0.00 213,739,372.84
NB 675,306.55 3,382,778.64 0.00 0.00 121,989,162.14
A-V 310,274.88 310,274.88 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,345.29 89,971.35 0.00 0.00 14,459,485.42
M-2 28,802.31 33,076.43 0.00 0.00 5,315,783.75
M-3 24,195.66 27,786.18 0.00 0.00 4,465,574.72
B-1 13,825.32 15,876.93 0.00 0.00 2,551,615.74
B-2 6,912.66 7,938.47 0.00 0.00 1,275,807.86
B-3 9,218.16 10,586.09 0.00 0.00 1,701,311.48
- -------------------------------------------------------------------------------
2,320,535.84 8,112,869.12 0.00 0.00 365,498,113.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 867.138758 12.242819 4.694282 16.937101 0.000000 854.895939
NB 831.150206 18.046325 4.501173 22.547498 0.000000 813.103881
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 989.410056 0.794890 5.356577 6.151467 0.000000 988.615166
M-2 989.410056 0.794889 5.356576 6.151465 0.000000 988.615166
M-3 989.410060 0.794890 5.356577 6.151467 0.000000 988.615169
B-1 989.410054 0.794890 5.356575 6.151465 0.000000 988.615165
B-2 989.410050 0.794893 5.356575 6.151468 0.000000 988.615157
B-3 989.410064 0.794891 5.356581 6.151472 0.000000 988.615173
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:28 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 76,907.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,921.63
SUBSERVICER ADVANCES THIS MONTH 51,459.13
MASTER SERVICER ADVANCES THIS MONTH 2,828.76
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 4,761,791.68
(B) TWO MONTHLY PAYMENTS: 6 537,637.72
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,112,097.88
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 827,924.41
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 365,498,113.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,668
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 407,616.11
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,494,134.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.97568500 % 6.53405800 % 1.49025660 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.85506630 % 6.63227605 % 1.51265760 %
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 7.79952500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.42
POOL TRADING FACTOR: 84.96804344
................................................................................
Run: 01/24/00 15:29:22 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 96,913,677.37 6.500000 % 1,024,831.24
A-P 76110FZB2 32,286.88 30,449.05 0.000000 % 124.15
A-V 76110FZC0 0.00 0.00 0.754725 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,137,001.65 6.500000 % 11,332.81
M-2 76110FZF3 517,300.00 495,351.33 6.500000 % 1,789.52
M-3 76110FZG1 459,700.00 440,195.26 6.500000 % 1,590.26
B-1 76110FZH9 344,800.00 330,170.37 6.500000 % 1,192.78
B-2 76110FZJ5 229,800.00 220,049.73 6.500000 % 794.96
B-3 76110FZK2 344,884.43 330,251.23 6.500000 % 1,193.08
- -------------------------------------------------------------------------------
114,943,871.31 101,897,145.99 1,042,848.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 524,401.75 1,549,232.99 0.00 0.00 95,888,846.13
A-P 0.00 124.15 0.00 0.00 30,324.90
A-V 64,020.08 64,020.08 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,974.37 28,307.18 0.00 0.00 3,125,668.84
M-2 2,680.35 4,469.87 0.00 0.00 493,561.81
M-3 2,381.90 3,972.16 0.00 0.00 438,605.00
B-1 1,786.56 2,979.34 0.00 0.00 328,977.59
B-2 1,190.70 1,985.66 0.00 0.00 219,254.77
B-3 1,786.99 2,980.07 0.00 0.00 329,058.15
- -------------------------------------------------------------------------------
615,222.70 1,658,071.50 0.00 0.00 100,854,297.19
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 883.128855 9.338806 4.778627 14.117433 0.000000 873.790049
A-P 943.078117 3.845215 0.000000 3.845215 0.000000 939.232902
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 957.570711 3.459344 5.181432 8.640776 0.000000 954.111368
M-2 957.570713 3.459347 5.181423 8.640770 0.000000 954.111367
M-3 957.570720 3.459343 5.181423 8.640766 0.000000 954.111377
B-1 957.570679 3.459339 5.181439 8.640778 0.000000 954.111340
B-2 957.570627 3.459356 5.181462 8.640818 0.000000 954.111271
B-3 957.570714 3.459333 5.181417 8.640750 0.000000 954.111353
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:22 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,166.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,165.78
SUBSERVICER ADVANCES THIS MONTH 11,726.33
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 490,346.02
(B) TWO MONTHLY PAYMENTS: 3 555,017.01
(C) THREE OR MORE MONTHLY PAYMENTS: 1 172,720.72
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,854,297.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,116
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 674,728.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.13774400 % 3.99791900 % 0.86433680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.10520560 % 4.02346332 % 0.87012100 %
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 7.58029879
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 160.03
POOL TRADING FACTOR: 87.74221369
................................................................................
Run: 01/24/00 16:01:29 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 5,888,218.92 6.500000 % 300,622.76
A-2 76110FZY2 100,000,000.00 81,199,475.72 6.500000 % 908,399.93
A-3 76110FZZ9 33,937,000.00 28,355,931.00 6.500000 % 269,664.96
A-4 76110FA29 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-5 76110FA37 14,321,000.00 14,321,000.00 6.500000 % 0.00
A-6 76110FA45 723,000.00 723,000.00 6.500000 % 0.00
A-7 76110FA52 15,000,000.00 15,000,000.00 6.500000 % 0.00
A-8 76110FC76 24,000,000.00 24,000,000.00 6.500000 % 0.00
CB 76110FA60 200,070,000.00 177,232,950.63 6.500000 % 2,565,587.56
NB-1 76110FA78 73,215,000.00 61,099,976.61 6.500000 % 644,602.28
NB-2 76110FA86 2,000,000.00 2,000,000.00 6.500000 % 0.00
NB-3 76110FA94 4,725,000.00 4,725,000.00 6.500000 % 0.00
NB-4 76110FB28 4,735,000.00 4,735,000.00 6.500000 % 0.00
NB-5 76110FB36 2,800,000.00 2,800,000.00 6.500000 % 0.00
NB-6 76110FB44 2,664,000.00 2,664,000.00 6.500000 % 0.00
NB-7 76110FB51 10,000,000.00 10,000,000.00 6.500000 % 0.00
A-P 76110FB69 60,240.84 59,398.24 0.000000 % 68.77
A-V 76110FB77 0.00 0.00 0.956187 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,019,992.07 6.500000 % 15,383.26
M-2 76110FC27 7,062,000.00 6,993,241.19 6.500000 % 5,656.09
M-3 76110FC35 5,932,000.00 5,874,243.41 6.500000 % 4,751.06
B-1 76110FC43 3,389,000.00 3,356,003.17 6.500000 % 2,714.32
B-2 76110FC50 1,694,000.00 1,677,506.46 6.500000 % 1,356.76
B-3 76110FC68 2,259,938.31 2,238,056.49 6.500000 % 1,810.13
- -------------------------------------------------------------------------------
564,904,279.15 498,962,993.91 4,720,617.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 31,881.98 332,504.74 0.00 0.00 5,587,596.16
A-2 439,657.57 1,348,057.50 0.00 0.00 80,291,075.79
A-3 153,534.25 423,199.21 0.00 0.00 28,086,266.04
A-4 135,363.43 135,363.43 0.00 0.00 25,000,000.00
A-5 77,541.58 77,541.58 0.00 0.00 14,321,000.00
A-6 3,914.71 3,914.71 0.00 0.00 723,000.00
A-7 81,218.06 81,218.06 0.00 0.00 15,000,000.00
A-8 129,948.89 129,948.89 0.00 0.00 24,000,000.00
CB 959,700.27 3,525,287.83 0.00 0.00 174,667,363.07
NB-1 330,908.63 975,510.91 0.00 0.00 60,455,374.33
NB-2 10,831.71 10,831.71 0.00 0.00 2,000,000.00
NB-3 25,589.92 25,589.92 0.00 0.00 4,725,000.00
NB-4 25,644.08 25,644.08 0.00 0.00 4,735,000.00
NB-5 15,164.40 15,164.40 0.00 0.00 2,800,000.00
NB-6 14,427.84 14,427.84 0.00 0.00 2,664,000.00
NB-7 54,158.55 54,158.55 0.00 0.00 10,000,000.00
A-P 0.00 68.77 0.00 0.00 59,329.47
A-V 397,457.80 397,457.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 102,986.61 118,369.87 0.00 0.00 19,004,608.81
M-2 37,865.96 43,522.05 0.00 0.00 6,987,585.10
M-3 31,806.98 36,558.04 0.00 0.00 5,869,492.35
B-1 18,171.58 20,885.90 0.00 0.00 3,353,288.85
B-2 9,083.11 10,439.87 0.00 0.00 1,676,149.70
B-3 12,118.30 13,928.43 0.00 0.00 2,236,246.35
- -------------------------------------------------------------------------------
3,098,976.21 7,819,594.09 0.00 0.00 494,242,376.02
===============================================================================
Run: 01/24/00 16:01:29
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-1 486.227822 24.824340 2.632699 27.457039 0.000000 461.403481
A-2 811.994757 9.083999 4.396576 13.480575 0.000000 802.910758
A-3 835.546189 7.946046 4.524096 12.470142 0.000000 827.600143
A-4 1000.000000 0.000000 5.414537 5.414537 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414537 5.414537 0.000000 1000.000000
A-6 1000.000000 0.000000 5.414537 5.414537 0.000000 1000.000000
A-7 1000.000000 0.000000 5.414537 5.414537 0.000000 1000.000000
A-8 1000.000000 0.000000 5.414537 5.414537 0.000000 1000.000000
CB 885.854704 12.823450 4.796822 17.620272 0.000000 873.031254
NB-1 834.528124 8.804238 4.519683 13.323921 0.000000 825.723886
NB-2 1000.000000 0.000000 5.415853 5.415853 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415855 5.415855 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.415856 5.415856 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.415856 5.415856 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.415855 5.415855 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.415855 5.415855 0.000000 1000.000000
A-P 986.012811 1.141565 0.000000 1.141565 0.000000 984.871247
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-1 990.263553 0.800919 5.361931 6.162850 0.000000 989.462634
M-2 990.263550 0.800919 5.361931 6.162850 0.000000 989.462631
M-3 990.263555 0.800920 5.361931 6.162851 0.000000 989.462635
B-1 990.263550 0.800921 5.361931 6.162852 0.000000 989.462629
B-2 990.263554 0.800921 5.361929 6.162850 0.000000 989.462633
B-3 990.317514 0.800964 5.362225 6.163189 0.000000 989.516545
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:29 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 103,790.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,732.62
SUBSERVICER ADVANCES THIS MONTH 61,907.32
MASTER SERVICER ADVANCES THIS MONTH 714.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 6,672,173.09
(B) TWO MONTHLY PAYMENTS: 7 989,620.49
(C) THREE OR MORE MONTHLY PAYMENTS: 7 706,182.96
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 258,197.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 494,242,376.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,723
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 101,446.94
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,317,736.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.14001010 % 6.39075000 % 1.45733580 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.07135960 % 6.44657112 % 1.47006510 %
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 7.78388600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.73
POOL TRADING FACTOR: 87.49134929
................................................................................
Run: 01/24/00 15:29:30 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 21,514,135.42 6.500000 % 3,222,451.62
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,717,378.28 6.500000 % 19,489.51
A-4 76110FD34 2,475,344.00 2,475,344.00 6.500000 % 0.00
A-5 76110FD42 14,025,030.00 14,025,030.00 6.500000 % 0.00
A-6 76110FD59 133,990,656.00 133,990,656.00 6.500000 % 0.00
A-P 76110FD67 16,409.82 15,844.10 0.000000 % 18.18
A-V 76110FD75 0.00 0.00 1.065542 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,037,094.67 6.500000 % 7,125.70
M-2 76110FE25 3,360,700.00 3,322,499.08 6.500000 % 2,619.77
M-3 76110FE33 2,823,000.00 2,790,911.08 6.500000 % 2,200.62
B-1 76110FE41 1,613,200.00 1,594,862.83 6.500000 % 1,257.54
B-2 76110FE58 806,600.00 797,431.41 6.500000 % 628.77
B-3 76110FE66 1,075,021.18 1,062,801.44 6.500000 % 838.01
- -------------------------------------------------------------------------------
268,851,631.00 240,343,988.31 3,256,629.72
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 116,496.83 3,338,948.45 0.00 0.00 18,291,683.80
A-2 135,372.44 135,372.44 0.00 0.00 25,000,000.00
A-3 133,842.07 153,331.58 0.00 0.00 24,697,888.77
A-4 13,403.73 13,403.73 0.00 0.00 2,475,344.00
A-5 75,944.09 75,944.09 0.00 0.00 14,025,030.00
A-6 725,545.64 725,545.64 0.00 0.00 133,990,656.00
A-P 0.00 18.18 0.00 0.00 15,825.92
A-V 213,344.04 213,344.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,934.94 56,060.64 0.00 0.00 9,029,968.97
M-2 17,990.99 20,610.76 0.00 0.00 3,319,879.31
M-3 15,112.50 17,313.12 0.00 0.00 2,788,710.46
B-1 8,636.02 9,893.56 0.00 0.00 1,593,605.29
B-2 4,318.01 4,946.78 0.00 0.00 796,802.64
B-3 5,754.96 6,592.97 0.00 0.00 1,061,963.43
- -------------------------------------------------------------------------------
1,514,696.26 4,771,325.98 0.00 0.00 237,087,358.59
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 434.427143 65.069798 2.352378 67.422176 0.000000 369.357345
A-2 1000.000000 0.000000 5.414898 5.414898 0.000000 1000.000000
A-3 988.633045 0.779531 5.353347 6.132878 0.000000 987.853514
A-4 1000.000000 0.000000 5.414896 5.414896 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414897 5.414897 0.000000 1000.000000
A-6 1000.000000 0.000000 5.414897 5.414897 0.000000 1000.000000
A-P 965.525521 1.107873 0.000000 1.107873 0.000000 964.417648
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-1 988.633046 0.779532 5.353346 6.132878 0.000000 987.853514
M-2 988.633047 0.779531 5.353346 6.132877 0.000000 987.853516
M-3 988.633043 0.779532 5.353348 6.132880 0.000000 987.853510
B-1 988.633046 0.779531 5.353347 6.132878 0.000000 987.853515
B-2 988.633040 0.779531 5.353347 6.132878 0.000000 987.853509
B-3 988.633024 0.779529 5.353346 6.132875 0.000000 987.853495
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:30 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 49,796.52
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,904.58
SUBSERVICER ADVANCES THIS MONTH 40,382.14
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 4,004,684.73
(B) TWO MONTHLY PAYMENTS: 4 536,308.24
(C) THREE OR MORE MONTHLY PAYMENTS: 5 902,648.49
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 241,333.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 237,087,358.59
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,756
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 3,067,116.83
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.25825150 % 6.30409100 % 1.43765750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.15809260 % 6.38522392 % 1.45625720 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,377,032.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,688,516.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.88882122
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.33
POOL TRADING FACTOR: 88.18520375
................................................................................
Run: 01/24/00 15:29:32 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 3,898,153.05 6.500000 % 1,246,688.24
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 118,741,954.10 6.500000 % 1,496,380.89
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 26,383.43 0.000000 % 25.55
A-V 76110FF81 0.00 0.00 1.037109 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,216,270.83 6.500000 % 11,901.74
M-2 76110FG31 3,861,100.00 3,830,828.73 6.500000 % 4,462.83
M-3 76110FG49 3,378,500.00 3,352,012.34 6.500000 % 3,905.02
B-1 76110FG56 1,930,600.00 1,915,463.97 6.500000 % 2,231.47
B-2 76110FG64 965,300.00 957,731.99 6.500000 % 1,115.74
B-3 76110FG72 1,287,113.52 1,277,022.47 6.500000 % 1,487.70
- -------------------------------------------------------------------------------
321,757,386.08 290,441,820.91 2,768,199.18
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 21,110.64 1,267,798.88 0.00 0.00 2,651,464.81
A-2 514,639.65 514,639.65 0.00 0.00 95,030,000.00
A-3 643,052.90 2,139,433.79 0.00 0.00 117,245,573.21
A-4 20,568.26 20,568.26 0.00 0.00 3,798,000.00
A-5 28,263.75 28,263.75 0.00 0.00 5,219,000.00
A-6 4,998.97 4,998.97 0.00 0.00 1,000,000.00
A-7 5,832.13 5,832.13 0.00 0.00 1,000,000.00
A-8 43,340.64 43,340.64 0.00 0.00 8,003,000.00
A-9 174,250.72 174,250.72 0.00 0.00 32,176,000.00
A-P 0.00 25.55 0.00 0.00 26,357.88
A-V 250,964.63 250,964.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,326.71 67,228.45 0.00 0.00 10,204,369.09
M-2 20,746.04 25,208.87 0.00 0.00 3,826,365.90
M-3 18,152.98 22,058.00 0.00 0.00 3,348,107.32
B-1 10,373.29 12,604.76 0.00 0.00 1,913,232.50
B-2 5,186.64 6,302.38 0.00 0.00 956,616.25
B-3 6,915.78 8,403.48 0.00 0.00 1,275,534.77
- -------------------------------------------------------------------------------
1,823,723.73 4,591,922.91 0.00 0.00 287,673,621.73
===============================================================================
Run: 01/24/00 15:29:32
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-1 215.976123 69.072427 1.169629 70.242056 0.000000 146.903696
A-2 1000.000000 0.000000 5.415549 5.415549 0.000000 1000.000000
A-3 874.858754 11.024932 4.737841 15.762773 0.000000 863.833822
A-4 1000.000000 0.000000 5.415550 5.415550 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415549 5.415549 0.000000 1000.000000
A-6 1000.000000 0.000000 4.998970 4.998970 0.000000 1000.000000
A-7 1000.000000 0.000000 5.832130 5.832130 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415549 5.415549 0.000000 1000.000000
A-9 1000.000000 0.000000 5.415549 5.415549 0.000000 1000.000000
A-P 739.600130 0.716237 0.000000 0.716237 0.000000 738.883893
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 992.159933 1.155845 5.373090 6.528935 0.000000 991.004088
M-2 992.159936 1.155844 5.373091 6.528935 0.000000 991.004092
M-3 992.159935 1.155844 5.373089 6.528933 0.000000 991.004091
B-1 992.159935 1.155843 5.373091 6.528934 0.000000 991.004092
B-2 992.159940 1.155848 5.373086 6.528934 0.000000 991.004092
B-3 992.159938 1.155842 5.373092 6.528934 0.000000 991.004096
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:32 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 60,209.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,210.45
SUBSERVICER ADVANCES THIS MONTH 45,196.59
MASTER SERVICER ADVANCES THIS MONTH 759.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,245,058.66
(B) TWO MONTHLY PAYMENTS: 5 844,337.02
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,046,519.35
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 223,082.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 287,673,621.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,150
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 101,625.85
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,429,845.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 113,327.80
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.57982620 % 5.99111100 % 1.42906260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.51714560 % 6.04116645 % 1.44113430 %
BANKRUPTCY AMOUNT AVAILABLE 115,826.00
FRAUD AMOUNT AVAILABLE 6,435,148.00
SPECIAL HAZARD AMOUNT AVAILABLE 32,175,740.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86554987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.87
POOL TRADING FACTOR: 89.40699862
................................................................................
Run: 01/24/00 15:29:33 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 167,033,000.00 149,831,149.09 6.500000 % 1,174,315.71
A-2 76110FJ46 9,013,000.00 9,013,000.00 6.500000 % 0.00
A-3 76110FJ53 25,854,000.00 25,854,000.00 6.500000 % 0.00
A-4 76110FJ61 45,000,000.00 41,125,095.99 6.500000 % 264,527.39
A-5 76110FJ79 60,600,000.00 42,000,955.04 6.500000 % 1,269,697.71
A-6 76110FJ87 100,000,000.00 100,000,000.00 6.500000 % 0.00
A-7 76110FJ95 20,000,000.00 20,000,000.00 6.500000 % 0.00
A-8 76110FK28 47,527,000.00 47,208,232.11 6.500000 % 37,054.92
A-P 76110FK36 12,443.31 12,063.30 0.000000 % 13.60
A-V 76110FK44 0.00 0.00 1.014528 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,193,009.65 6.500000 % 12,710.30
M-2 76110FK77 6,113,300.00 6,072,502.80 6.500000 % 4,766.46
M-3 76110FK85 5,349,000.00 5,313,303.36 6.500000 % 4,170.54
B-1 76110FK93 3,056,500.00 3,036,102.40 6.500000 % 2,383.11
B-2 76110FL27 1,528,300.00 1,518,100.86 6.500000 % 1,191.60
B-3 76110FL35 2,037,744.61 1,986,018.79 6.500000 % 1,558.86
- -------------------------------------------------------------------------------
509,426,187.92 469,163,533.39 2,772,390.20
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 811,176.07 1,985,491.78 0.00 0.00 148,656,833.38
A-2 48,795.80 48,795.80 0.00 0.00 9,013,000.00
A-3 139,971.87 139,971.87 0.00 0.00 25,854,000.00
A-4 222,648.59 487,175.98 0.00 0.00 40,860,568.60
A-5 227,390.43 1,497,088.14 0.00 0.00 40,731,257.33
A-6 541,393.48 541,393.48 0.00 0.00 100,000,000.00
A-7 108,278.69 108,278.69 0.00 0.00 20,000,000.00
A-8 255,582.29 292,637.21 0.00 0.00 47,171,177.19
A-P 0.00 13.60 0.00 0.00 12,049.70
A-V 396,449.63 396,449.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,667.90 100,378.20 0.00 0.00 16,180,299.35
M-2 32,876.13 37,642.59 0.00 0.00 6,067,736.34
M-3 28,765.87 32,936.41 0.00 0.00 5,309,132.82
B-1 16,437.26 18,820.37 0.00 0.00 3,033,719.29
B-2 8,218.90 9,410.50 0.00 0.00 1,516,909.26
B-3 10,752.17 12,311.03 0.00 0.00 1,984,459.93
- -------------------------------------------------------------------------------
2,936,405.08 5,708,795.28 0.00 0.00 466,391,143.19
===============================================================================
Run: 01/24/00 15:29:33
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-1 897.015255 7.030441 4.856382 11.886823 0.000000 889.984814
A-2 1000.000000 0.000000 5.413935 5.413935 0.000000 1000.000000
A-3 1000.000000 0.000000 5.413935 5.413935 0.000000 1000.000000
A-4 913.891022 5.878386 4.947746 10.826132 0.000000 908.012636
A-5 693.085067 20.952107 3.752317 24.704424 0.000000 672.132959
A-6 1000.000000 0.000000 5.413935 5.413935 0.000000 1000.000000
A-7 1000.000000 0.000000 5.413935 5.413935 0.000000 1000.000000
A-8 993.292910 0.779660 5.377623 6.157283 0.000000 992.513249
A-P 969.460698 1.092957 0.000000 1.092957 0.000000 968.367741
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 993.326482 0.779687 5.377805 6.157492 0.000000 992.546795
M-2 993.326485 0.779687 5.377804 6.157491 0.000000 992.546798
M-3 993.326483 0.779686 5.377803 6.157489 0.000000 992.546798
B-1 993.326485 0.779686 5.377805 6.157491 0.000000 992.546799
B-2 993.326480 0.779690 5.377805 6.157495 0.000000 992.546791
B-3 974.616142 0.765003 5.276505 6.041508 0.000000 973.851147
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:33 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 97,488.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 26,407.62
SUBSERVICER ADVANCES THIS MONTH 77,007.35
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 69 8,914,120.90
(B) TWO MONTHLY PAYMENTS: 7 710,070.17
(C) THREE OR MORE MONTHLY PAYMENTS: 5 697,926.60
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 517,384.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 466,391,143.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 4,007
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 2,404,127.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.72750060 % 5.87844600 % 1.39405340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.69001170 % 5.90859602 % 1.40123960 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 10,188,524.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,094,262.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.84370586
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.20
POOL TRADING FACTOR: 91.55225119
................................................................................
Run: 01/24/00 15:29:33 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 200,000,000.00 184,159,802.78 6.250000 % 1,730,863.32
A-P 76110FH22 33,549.74 31,582.13 0.000000 % 223.90
A-V 76110FH30 0.00 0.00 0.898064 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,691,564.73 6.250000 % 20,109.96
M-2 76110FH63 942,600.00 914,663.75 6.250000 % 3,231.77
M-3 76110FH71 942,600.00 914,663.75 6.250000 % 3,231.77
B-1 76110FH89 628,400.00 609,775.85 6.250000 % 2,154.52
B-2 76110FH97 523,700.00 508,178.87 6.250000 % 1,795.54
B-3 76110FJ20 523,708.79 508,187.46 6.250000 % 1,795.59
- -------------------------------------------------------------------------------
209,460,058.53 193,338,419.32 1,763,406.37
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 958,375.50 2,689,238.82 0.00 0.00 182,428,939.46
A-P 0.00 223.90 0.00 0.00 31,358.23
A-V 144,572.73 144,572.73 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,619.15 49,729.11 0.00 0.00 5,671,454.77
M-2 4,759.95 7,991.72 0.00 0.00 911,431.98
M-3 4,759.95 7,991.72 0.00 0.00 911,431.98
B-1 3,173.30 5,327.82 0.00 0.00 607,621.33
B-2 2,644.58 4,440.12 0.00 0.00 506,383.33
B-3 2,644.63 4,440.22 0.00 0.00 506,391.87
- -------------------------------------------------------------------------------
1,150,549.79 2,913,956.16 0.00 0.00 191,575,012.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 920.799014 8.654317 4.791878 13.446195 0.000000 912.144697
A-P 941.352452 6.673673 0.000000 6.673673 0.000000 934.678778
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-1 970.362589 3.428574 5.049809 8.478383 0.000000 966.934015
M-2 970.362561 3.428570 5.049809 8.478379 0.000000 966.933991
M-3 970.362561 3.428570 5.049809 8.478379 0.000000 966.933991
B-1 970.362588 3.428581 5.049809 8.478390 0.000000 966.934007
B-2 970.362555 3.428566 5.049800 8.478366 0.000000 966.933989
B-3 970.362670 3.428585 5.049810 8.478395 0.000000 966.934067
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:33 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 40,191.39
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,242.24
SUBSERVICER ADVANCES THIS MONTH 29,438.93
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,893,429.73
(B) TWO MONTHLY PAYMENTS: 1 48,621.06
(C) THREE OR MORE MONTHLY PAYMENTS: 2 187,066.24
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 191,575,012.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,962
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 1,080,270.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.26812680 % 3.89065000 % 0.84122330 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.24144230 % 3.91195001 % 0.84596720 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,189,201.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,094,601.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47789916
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 163.41
POOL TRADING FACTOR: 91.46135750
................................................................................
Run: 01/24/00 16:01:33 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 166,515,517.00 156,958,064.95 7.250000 % 1,960,046.44
CB-P 76110FL68 12,334,483.00 11,626,523.57 0.000000 % 145,188.63
NB-1 76110FL76 36,987,960.00 31,214,529.07 6.750000 % 39,373.25
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 14,685,483.95 6.750000 % 46,472.37
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 246,349.02 0.000000 % 324.26
A-V 76110FM59 0.00 0.00 0.795611 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,564,808.83 6.750000 % 7,254.39
M-2 76110FM83 3,848,100.00 3,825,903.65 6.750000 % 2,901.74
M-3 76110FM91 3,256,100.00 3,237,318.38 6.750000 % 2,455.33
B-1 76110FN25 1,924,100.00 1,913,001.54 6.750000 % 1,450.91
B-2 76110FN33 888,100.00 882,977.33 6.750000 % 669.69
B-3 76110FN41 1,183,701.20 1,176,836.55 6.750000 % 912.30
- -------------------------------------------------------------------------------
296,006,355.96 273,030,836.84 2,207,049.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 948,079.59 2,908,126.03 0.00 0.00 154,998,018.51
CB-P 0.00 145,188.63 0.00 0.00 11,481,334.94
NB-1 175,545.87 214,919.12 0.00 0.00 31,175,155.82
NB-2 19,874.69 19,874.69 0.00 0.00 3,534,000.00
NB-3 54,094.19 54,094.19 0.00 0.00 9,618,710.00
NB-4 82,588.98 129,061.35 0.00 0.00 14,639,011.58
NB-5 138,044.91 138,044.91 0.00 0.00 24,546,330.00
A-P 0.00 324.26 0.00 0.00 246,024.76
A-V 180,982.96 180,982.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,789.03 61,043.42 0.00 0.00 9,557,554.44
M-2 21,515.50 24,417.24 0.00 0.00 3,823,001.91
M-3 18,205.51 20,660.84 0.00 0.00 3,234,863.05
B-1 10,758.03 12,208.94 0.00 0.00 1,911,550.63
B-2 4,965.55 5,635.24 0.00 0.00 882,307.64
B-3 6,618.11 7,530.41 0.00 0.00 1,175,924.25
- -------------------------------------------------------------------------------
1,715,062.92 3,922,112.23 0.00 0.00 270,823,787.53
===============================================================================
Run: 01/24/00 16:01:33
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-1 942.603235 11.770954 5.693641 17.464595 0.000000 930.832281
CB-P 942.603234 11.770954 0.000000 11.770954 0.000000 930.832281
NB-1 843.910534 1.064488 4.746027 5.810515 0.000000 842.846046
NB-2 1000.000000 0.000000 5.623851 5.623851 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.623851 5.623851 0.000000 1000.000000
NB-4 683.045765 2.161506 3.841348 6.002854 0.000000 680.884260
NB-5 1000.000000 0.000000 5.623851 5.623851 0.000000 1000.000000
A-P 989.930914 1.303002 0.000000 1.303002 0.000000 988.627912
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.231867 0.754071 5.591201 6.345272 0.000000 993.477796
M-2 994.231868 0.754071 5.591201 6.345272 0.000000 993.477797
M-3 994.231866 0.754071 5.591201 6.345272 0.000000 993.477796
B-1 994.231869 0.754072 5.591201 6.345273 0.000000 993.477797
B-2 994.231877 0.754070 5.591206 6.345276 0.000000 993.477807
B-3 994.200690 0.754050 5.591031 6.345081 0.000000 993.429971
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:33 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 56,647.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,112.92
SUBSERVICER ADVANCES THIS MONTH 48,380.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 5,058,190.92
(B) TWO MONTHLY PAYMENTS: 4 730,933.49
(C) THREE OR MORE MONTHLY PAYMENTS: 1 494,067.97
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 476,014.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 270,823,787.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,983
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 1,999,908.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.44794070 % 6.09016600 % 1.45507940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.39213090 % 6.13514033 % 1.46715030 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86550100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.46
POOL TRADING FACTOR: 91.49255821
................................................................................
Run: 01/24/00 16:01:33 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 226,382,557.00 214,055,455.87 7.000000 % 1,948,813.09
CB-P 76110FN66 17,414,043.00 16,465,804.45 0.000000 % 149,908.70
NB-1 76110FN74 114,280,000.00 103,115,756.14 6.500000 % 1,789,655.41
NB-2 76110FN82 3,836,000.00 3,836,000.00 6.500000 % 0.00
NB-3 76110FN90 13,124,100.00 13,124,100.00 6.500000 % 0.00
A-P 76110FP23 47,335.68 47,012.85 0.000000 % 49.04
A-V 76110FP31 0.00 0.00 1.001721 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,806,090.81 6.500000 % 11,846.17
M-2 76110FP64 4,826,800.00 4,802,271.60 6.500000 % 4,442.30
M-3 76110FP72 4,223,400.00 4,201,937.91 6.500000 % 3,886.97
B-1 76110FP80 2,413,400.00 2,401,135.81 6.500000 % 2,221.15
B-2 76110FP98 1,206,800.00 1,200,667.39 6.500000 % 1,110.67
B-3 76110FQ22 1,608,966.42 1,600,778.27 6.500000 % 1,429.80
- -------------------------------------------------------------------------------
402,235,002.10 377,657,011.10 3,913,363.30
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,248,136.55 3,196,949.64 0.00 0.00 212,106,642.78
CB-P 0.00 149,908.70 0.00 0.00 16,315,895.75
NB-1 558,477.33 2,348,132.74 0.00 0.00 101,326,100.73
NB-2 20,775.86 20,775.86 0.00 0.00 3,836,000.00
NB-3 71,080.44 71,080.44 0.00 0.00 13,124,100.00
A-P 0.00 49.04 0.00 0.00 46,963.81
A-V 315,156.76 315,156.76 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,341.08 81,187.25 0.00 0.00 12,794,244.64
M-2 26,002.83 30,445.13 0.00 0.00 4,797,829.30
M-3 22,752.21 26,639.18 0.00 0.00 4,198,050.94
B-1 13,001.42 15,222.57 0.00 0.00 2,398,914.66
B-2 6,501.25 7,611.92 0.00 0.00 1,199,556.72
B-3 8,667.72 10,097.52 0.00 0.00 1,599,348.47
- -------------------------------------------------------------------------------
2,359,893.45 6,273,256.75 0.00 0.00 373,743,647.80
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 945.547478 8.608495 5.513395 14.121890 0.000000 936.938983
CB-P 945.547479 8.608495 0.000000 8.608495 0.000000 936.938984
NB-1 902.307982 15.660268 4.886921 20.547189 0.000000 886.647714
NB-2 1000.000000 0.000000 5.416022 5.416022 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416024 5.416024 0.000000 1000.000000
A-P 993.179986 1.035942 0.000000 1.035942 0.000000 992.144044
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 994.918293 0.920341 5.387179 6.307520 0.000000 993.997952
M-2 994.918290 0.920341 5.387178 6.307519 0.000000 993.997949
M-3 994.918291 0.920341 5.387179 6.307520 0.000000 993.997950
B-1 994.918294 0.920341 5.387180 6.307521 0.000000 993.997953
B-2 994.918288 0.920343 5.387181 6.307524 0.000000 993.997945
B-3 994.910925 0.888645 5.387135 6.275780 0.000000 994.022279
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:33 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 78,229.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,350.46
SUBSERVICER ADVANCES THIS MONTH 60,389.98
MASTER SERVICER ADVANCES THIS MONTH 659.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 6,460,805.57
(B) TWO MONTHLY PAYMENTS: 5 339,197.40
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,186,560.13
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 496,129.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 373,743,647.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,611
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 89,446.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,564,014.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 63,990.53
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.84635420 % 5.77516100 % 1.37759430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.77811500 % 5.83023284 % 1.39091940 %
BANKRUPTCY AMOUNT AVAILABLE 150,055.00
FRAUD AMOUNT AVAILABLE 8,044,700.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,022,350.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.82838100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.72
POOL TRADING FACTOR: 92.91673918
................................................................................
Run: 01/24/00 15:29:38 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 260,286,000.00 240,896,404.24 6.750000 % 2,684,534.10
A-2 76110FQ48 15,420,000.00 14,932,407.85 6.750000 % 82,885.89
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,737,592.15 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,288.74 0.000000 % 110.05
A-V 76110FQ97 0.00 0.00 0.865249 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,913,734.20 6.750000 % 9,516.32
M-2 76110FR39 4,206,600.00 4,188,674.09 6.750000 % 3,086.69
M-3 76110FR47 3,680,500.00 3,664,816.00 6.750000 % 2,700.66
B-1 76110FR54 2,103,100.00 2,094,137.90 6.750000 % 1,543.20
B-2 76110FR62 1,051,600.00 1,047,118.72 6.750000 % 771.64
B-3 76110FR70 1,402,095.46 1,396,120.61 6.750000 % 1,028.81
- -------------------------------------------------------------------------------
350,510,075.44 331,011,294.50 2,786,177.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,354,828.71 4,039,362.81 0.00 0.00 238,211,870.14
A-2 83,981.55 166,867.44 0.00 0.00 14,849,521.96
A-3 197,125.18 197,125.18 0.00 0.00 35,050,000.00
A-4 0.00 0.00 82,885.89 0.00 14,820,478.04
A-P 0.00 110.05 0.00 0.00 90,178.69
A-V 238,634.93 238,634.93 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,628.30 82,144.62 0.00 0.00 12,904,217.88
M-2 23,557.58 26,644.27 0.00 0.00 4,185,587.40
M-3 20,611.34 23,312.00 0.00 0.00 3,662,115.34
B-1 11,777.67 13,320.87 0.00 0.00 2,092,594.70
B-2 5,889.11 6,660.75 0.00 0.00 1,046,347.08
B-3 7,851.94 8,880.75 0.00 0.00 1,395,091.80
- -------------------------------------------------------------------------------
2,016,886.31 4,803,063.67 82,885.89 0.00 328,308,003.03
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 925.506574 10.313786 5.205154 15.518940 0.000000 915.192789
A-2 968.379238 5.375220 5.446274 10.821494 0.000000 963.004018
A-3 1000.000000 0.000000 5.624114 5.624114 0.000000 1000.000000
A-4 1034.216993 0.000000 0.000000 0.000000 5.816554 1040.033547
A-P 991.312690 1.208279 0.000000 1.208279 0.000000 990.104412
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-1 995.738623 0.733774 5.600147 6.333921 0.000000 995.004849
M-2 995.738623 0.733773 5.600147 6.333920 0.000000 995.004850
M-3 995.738622 0.733775 5.600147 6.333922 0.000000 995.004847
B-1 995.738624 0.733774 5.600147 6.333921 0.000000 995.004850
B-2 995.738608 0.733777 5.600143 6.333920 0.000000 995.004831
B-3 995.738628 0.733773 5.600147 6.333920 0.000000 995.004862
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:38 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS7 (POOL # 4380)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4380
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 68,861.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,210.65
SUBSERVICER ADVANCES THIS MONTH 37,472.67
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,528,146.92
(B) TWO MONTHLY PAYMENTS: 3 370,834.56
(C) THREE OR MORE MONTHLY PAYMENTS: 7 944,519.79
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 498,435.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 328,308,003.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,508
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 2,459,332.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.35328040 % 6.27558400 % 1.37113610 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.29598380 % 6.32086956 % 1.38140990 %
BANKRUPTCY AMOUNT AVAILABLE 134,666.00
FRAUD AMOUNT AVAILABLE 7,010,202.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,505,101.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.94063679
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.60
POOL TRADING FACTOR: 93.66578197
................................................................................
Run: 01/24/00 15:29:38 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 96,023,455.93 6.500000 % 590,947.00
A-P 76110FR96 122,858.97 120,020.20 0.000000 % 455.46
A-V 76110FS20 0.00 0.00 0.688394 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,514,131.81 6.500000 % 8,493.38
M-2 76110FS53 575,400.00 564,296.86 6.500000 % 1,906.34
M-3 76110FS61 470,800.00 461,715.28 6.500000 % 1,559.79
B-1 76110FS79 313,900.00 307,842.87 6.500000 % 1,039.97
B-2 76110FS87 261,600.00 256,552.07 6.500000 % 866.70
B-3 76110FS95 261,601.59 256,553.63 6.500000 % 866.71
- -------------------------------------------------------------------------------
104,617,860.56 100,504,568.65 606,135.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 519,736.42 1,110,683.42 0.00 0.00 95,432,508.93
A-P 0.00 455.46 0.00 0.00 119,564.74
A-V 57,612.29 57,612.29 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,607.98 22,101.36 0.00 0.00 2,505,638.43
M-2 3,054.31 4,960.65 0.00 0.00 562,390.52
M-3 2,499.08 4,058.87 0.00 0.00 460,155.49
B-1 1,666.23 2,706.20 0.00 0.00 306,802.90
B-2 1,388.62 2,255.32 0.00 0.00 255,685.37
B-3 1,388.63 2,255.34 0.00 0.00 255,686.92
- -------------------------------------------------------------------------------
600,953.56 1,207,088.91 0.00 0.00 99,898,433.30
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 959.773868 5.906635 5.194871 11.101506 0.000000 953.867233
A-P 976.894076 3.707177 0.000000 3.707177 0.000000 973.186899
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-1 980.703624 3.313068 5.308153 8.621221 0.000000 977.390556
M-2 980.703615 3.313069 5.308151 8.621220 0.000000 977.390546
M-3 980.703653 3.313063 5.308156 8.621219 0.000000 977.390591
B-1 980.703632 3.313061 5.308155 8.621216 0.000000 977.390570
B-2 980.703631 3.313073 5.308180 8.621253 0.000000 977.390558
B-3 980.703634 3.313053 5.308186 8.621239 0.000000 977.390543
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:39 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 20,900.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,277.57
SUBSERVICER ADVANCES THIS MONTH 5,192.30
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 489,872.57
(B) TWO MONTHLY PAYMENTS: 1 62,516.79
(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 99,898,433.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 998
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 266,574.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.65561370 % 3.52658300 % 0.81780370 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.64400790 % 3.53177154 % 0.81998840 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,046,179.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,387,236.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.50782125
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 167.86
POOL TRADING FACTOR: 95.48888953
................................................................................
Run: 01/24/00 15:29:40 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 165,986,000.00 156,541,602.44 7.000000 % 1,285,296.18
A-2 76110FT37 10,215,000.00 9,927,528.93 7.000000 % 58,539.86
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 10,037,471.07 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 34,819,924.01 7.000000 % 296,688.41
A-P 76110FT78 469,164.61 466,594.73 0.000000 % 503.48
A-V 76110FT86 0.00 0.00 0.761671 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,660,772.42 7.000000 % 7,647.64
M-2 76110FU35 3,250,000.00 3,238,690.44 7.000000 % 2,323.32
M-3 76110FU43 2,843,700.00 2,833,804.32 7.000000 % 2,032.87
B-1 76110FU50 1,624,500.00 1,618,846.96 7.000000 % 1,161.30
B-2 76110FU68 812,400.00 809,572.96 7.000000 % 580.76
B-3 76110FU76 1,083,312.85 1,079,543.07 7.000000 % 774.41
- -------------------------------------------------------------------------------
270,813,177.46 259,115,351.35 1,655,548.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 912,971.35 2,198,267.53 0.00 0.00 155,256,306.26
A-2 57,898.67 116,438.53 0.00 0.00 9,868,989.07
A-3 157,939.98 157,939.98 0.00 0.00 27,081,000.00
A-4 0.00 0.00 58,539.86 0.00 10,096,010.93
A-5 203,074.40 499,762.81 0.00 0.00 34,523,235.60
A-P 0.00 503.48 0.00 0.00 466,091.25
A-V 164,433.25 164,433.25 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,175.04 69,822.68 0.00 0.00 10,653,124.78
M-2 18,888.47 21,211.79 0.00 0.00 3,236,367.12
M-3 16,527.13 18,560.00 0.00 0.00 2,831,771.45
B-1 9,441.33 10,602.63 0.00 0.00 1,617,685.66
B-2 4,721.54 5,302.30 0.00 0.00 808,992.20
B-3 6,296.03 7,070.44 0.00 0.00 1,078,768.66
- -------------------------------------------------------------------------------
1,614,367.19 3,269,915.42 58,539.86 0.00 257,518,342.98
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 943.101240 7.743401 5.500291 13.243692 0.000000 935.357839
A-2 971.857947 5.730774 5.668005 11.398779 0.000000 966.127173
A-3 1000.000000 0.000000 5.832132 5.832132 0.000000 1000.000000
A-4 1029.484212 0.000000 0.000000 0.000000 6.004088 1035.488301
A-5 941.079027 8.018606 5.488497 13.507103 0.000000 933.060422
A-P 994.522434 1.073141 0.000000 1.073141 0.000000 993.449293
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.520136 0.714866 5.811838 6.526704 0.000000 995.805270
M-2 996.520135 0.714868 5.811837 6.526705 0.000000 995.805268
M-3 996.520139 0.714868 5.811840 6.526708 0.000000 995.805271
B-1 996.520135 0.714866 5.811837 6.526703 0.000000 995.805269
B-2 996.520138 0.714870 5.811841 6.526711 0.000000 995.805268
B-3 996.520137 0.714863 5.811830 6.526693 0.000000 995.805284
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:40 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 53,786.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,852.50
SUBSERVICER ADVANCES THIS MONTH 47,068.62
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,792,633.35
(B) TWO MONTHLY PAYMENTS: 6 680,539.95
(C) THREE OR MORE MONTHLY PAYMENTS: 6 725,531.90
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 217,500.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 257,518,342.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,885
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 1,411,050.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.17424030 % 6.46949500 % 1.35626520 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.13128470 % 6.49323196 % 1.36370970 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,416,264.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,708,132.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.07392811
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.20
POOL TRADING FACTOR: 95.09077269
................................................................................
Run: 01/24/00 15:29:41 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 268,170,000.00 255,799,433.01 7.250000 % 3,158,349.91
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,514,574.55 7.250000 % 22,289.92
A-P 76110FV67 1,164,452.78 1,152,221.65 0.000000 % 1,289.27
A-V 76110FV75 0.00 0.00 0.655816 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,895,437.83 7.250000 % 9,525.83
M-2 76110FW25 4,232,700.00 4,221,349.60 7.250000 % 2,893.89
M-3 76110FW33 3,703,600.00 3,693,668.43 7.250000 % 2,532.14
B-1 76110FU84 2,116,400.00 2,110,724.67 7.250000 % 1,446.98
B-2 76110FU92 1,058,200.00 1,055,362.33 7.250000 % 723.49
B-3 76110FV26 1,410,899.63 1,407,116.18 7.250000 % 964.62
- -------------------------------------------------------------------------------
352,721,152.41 340,179,888.25 3,200,016.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,545,045.72 4,703,395.63 0.00 0.00 252,641,083.10
A-2 146,954.83 146,954.83 0.00 0.00 24,330,000.00
A-3 196,390.21 218,680.13 0.00 0.00 32,492,284.63
A-P 0.00 1,289.27 0.00 0.00 1,150,932.38
A-V 185,863.64 185,863.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 83,929.37 93,455.20 0.00 0.00 13,885,912.00
M-2 25,497.24 28,391.13 0.00 0.00 4,218,455.71
M-3 22,310.00 24,842.14 0.00 0.00 3,691,136.29
B-1 12,748.91 14,195.89 0.00 0.00 2,109,277.69
B-2 6,374.46 7,097.95 0.00 0.00 1,054,638.84
B-3 8,499.08 9,463.70 0.00 0.00 1,406,151.56
- -------------------------------------------------------------------------------
2,233,613.46 5,433,629.51 0.00 0.00 336,979,872.20
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 953.870429 11.777417 5.761441 17.538858 0.000000 942.093012
A-2 1000.000000 0.000000 6.040067 6.040067 0.000000 1000.000000
A-3 997.318402 0.683698 6.023870 6.707568 0.000000 996.634704
A-P 989.496242 1.107190 0.000000 1.107190 0.000000 988.389053
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-1 997.318402 0.683698 6.023870 6.707568 0.000000 996.634704
M-2 997.318402 0.683698 6.023871 6.707569 0.000000 996.634704
M-3 997.318401 0.683697 6.023869 6.707566 0.000000 996.634704
B-1 997.318404 0.683699 6.023866 6.707565 0.000000 996.634705
B-2 997.318399 0.683699 6.023871 6.707570 0.000000 996.634700
B-3 997.318413 0.683691 6.023873 6.707564 0.000000 996.634722
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:41 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 71,542.10
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,680.14
SUBSERVICER ADVANCES THIS MONTH 49,371.04
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,026,251.36
(B) TWO MONTHLY PAYMENTS: 9 988,985.90
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,726,391.64
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 336,979,872.20
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,562
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 2,966,673.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.21784480 % 6.43323800 % 1.34891740 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.14910660 % 6.46789491 % 1.36083210 %
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 8.20345267
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.55
POOL TRADING FACTOR: 95.53718848
................................................................................
Run: 01/24/00 16:01:36 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 131,664,000.00 129,930,514.94 7.500000 % 1,790,029.92
NB-1 76110FX81 57,150,000.00 53,887,181.24 7.500000 % 1,797,475.67
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 1,360,713.88 0.000000 % 1,038.06
A-V 76110FY49 0.00 0.00 0.630943 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 8,025,662.28 7.500000 % 5,212.18
M-2 76110FY72 2,608,000.00 2,603,025.40 7.500000 % 1,690.51
M-3 76110FY80 2,282,000.00 2,277,647.22 7.500000 % 1,479.19
B-1 76110FY98 1,304,000.00 1,301,512.69 7.500000 % 845.25
B-2 76110FZ22 652,000.00 650,756.35 7.500000 % 422.63
B-3 76110FZ30 869,417.87 867,759.67 7.500000 % 561.73
- -------------------------------------------------------------------------------
217,318,364.92 212,287,773.67 3,598,755.14
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 811,322.49 2,601,352.41 0.00 0.00 128,140,485.02
NB-1 336,815.72 2,134,291.39 0.00 0.00 52,089,705.57
NB-2 24,895.29 24,895.29 0.00 0.00 3,983,000.00
NB-3 46,252.86 46,252.86 0.00 0.00 7,400,000.00
A-P 0.00 1,038.06 0.00 0.00 1,359,675.82
A-V 111,552.41 111,552.41 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,128.65 55,340.83 0.00 0.00 8,020,450.10
M-2 16,258.62 17,949.13 0.00 0.00 2,601,334.89
M-3 14,226.29 15,705.48 0.00 0.00 2,276,168.03
B-1 8,129.30 8,974.55 0.00 0.00 1,300,667.44
B-2 4,064.66 4,487.29 0.00 0.00 650,333.72
B-3 5,420.07 5,981.80 0.00 0.00 867,197.94
- -------------------------------------------------------------------------------
1,429,066.36 5,027,821.50 0.00 0.00 208,689,018.53
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 986.834024 13.595439 6.162068 19.757507 0.000000 973.238585
NB-1 942.907808 31.451893 5.893538 37.345431 0.000000 911.455916
NB-2 1000.000000 0.000000 6.250387 6.250387 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.250386 6.250386 0.000000 1000.000000
A-P 996.971697 0.760567 0.000000 0.760567 0.000000 996.211131
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-1 998.092561 0.648200 6.234131 6.882331 0.000000 997.444360
M-2 998.092561 0.648202 6.234133 6.882335 0.000000 997.444360
M-3 998.092559 0.648199 6.234132 6.882331 0.000000 997.444360
B-1 998.092554 0.648198 6.234126 6.882324 0.000000 997.444356
B-2 998.092561 0.648206 6.234141 6.882347 0.000000 997.444356
B-3 998.092747 0.648204 6.234137 6.882341 0.000000 997.446644
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:36 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 43,730.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 988.00
SUBSERVICER ADVANCES THIS MONTH 26,993.09
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,972,957.65
(B) TWO MONTHLY PAYMENTS: 2 68,100.29
(C) THREE OR MORE MONTHLY PAYMENTS: 4 622,142.34
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 208,689,018.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,566
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 3,460,671.96
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.54416970 % 6.07964100 % 1.32839900 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.41971640 % 6.18046561 % 1.35928620 %
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 8.39490400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.61
POOL TRADING FACTOR: 96.02916836
................................................................................
Run: 01/24/00 16:01:36 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 73,119,395.30 7.000000 % 1,004,691.88
NB 76110FW58 25,183,000.00 22,535,434.67 7.000000 % 477,538.55
A-P 76110FW66 994,755.29 980,124.98 0.000000 % 4,229.90
A-V 76110FW74 0.00 0.00 0.523053 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,470,802.21 7.000000 % 10,937.86
M-2 76110FX24 531,000.00 526,119.32 7.000000 % 1,658.01
M-3 76110FX32 477,700.00 473,309.23 7.000000 % 1,491.58
B-1 76110FX40 318,400.00 315,473.44 7.000000 % 994.18
B-2 76110FX57 212,300.00 210,348.65 7.000000 % 662.89
B-3 76110FX65 265,344.67 262,909.09 7.000000 % 833.27
- -------------------------------------------------------------------------------
106,129,599.96 101,893,916.89 1,503,038.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 426,154.17 1,430,846.05 0.00 0.00 72,114,703.42
NB 131,402.13 608,940.68 0.00 0.00 22,057,896.12
A-P 0.00 4,229.90 0.00 0.00 975,895.08
A-V 44,379.08 44,379.08 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,229.69 31,167.55 0.00 0.00 3,459,864.35
M-2 3,066.50 4,724.51 0.00 0.00 524,461.31
M-3 2,758.70 4,250.28 0.00 0.00 471,817.65
B-1 1,838.75 2,832.93 0.00 0.00 314,479.26
B-2 1,226.02 1,888.91 0.00 0.00 209,685.76
B-3 1,532.38 2,365.65 0.00 0.00 262,075.82
- -------------------------------------------------------------------------------
632,587.42 2,135,625.54 0.00 0.00 100,390,878.77
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 979.574987 13.459781 5.709155 19.168936 0.000000 966.115206
NB 894.866961 18.962735 5.217890 24.180625 0.000000 875.904226
A-P 985.292554 4.252203 0.000000 4.252203 0.000000 981.040351
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-1 990.808510 3.122426 5.774961 8.897387 0.000000 987.686083
M-2 990.808512 3.122429 5.774953 8.897382 0.000000 987.686083
M-3 990.808520 3.122420 5.774963 8.897383 0.000000 987.686100
B-1 990.808543 3.122425 5.774969 8.897394 0.000000 987.686118
B-2 990.808526 3.122421 5.774941 8.897362 0.000000 987.686105
B-3 990.821071 3.122467 5.775055 8.897522 0.000000 987.680743
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:36 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 21,126.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,808.26
SUBSERVICER ADVANCES THIS MONTH 9,250.66
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 974,300.34
(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 100,390,878.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 984
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 1,181,628.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.78865890 % 4.38714200 % 0.77407090 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.72676660 % 4.43879301 % 0.79086750 %
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 7.76810000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 171.48
POOL TRADING FACTOR: 94.59272324
................................................................................
Run: 01/24/00 16:01:37 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 158,406,900.00 156,575,849.47 8.000000 % 2,440,845.31
CB-P 76110FZ55 5,109,900.00 5,050,833.85 0.000000 % 78,736.95
NB 76110FZ63 86,842,100.00 84,549,459.13 7.750000 % 1,197,344.63
A-P 76110FZ71 1,432,398.79 1,423,435.06 0.000000 % 1,927.36
A-V 76110FZ89 0.00 0.00 0.546479 % 0.00
R 76110FZ97 100.00 0.00 7.750000 % 0.00
M-1 76110F2A0 11,328,000.00 11,295,901.78 7.750000 % 7,040.27
M-2 76110F2B8 3,411,900.00 3,402,232.28 7.750000 % 2,120.47
M-3 76110F2C6 2,866,000.00 2,857,879.11 7.750000 % 1,781.20
B-1 76110F2D4 1,637,700.00 1,633,059.53 7.750000 % 1,017.82
B-2 76110F2E2 818,900.00 816,579.62 7.750000 % 508.94
B-3 76110F2F9 1,091,849.28 1,088,595.13 7.750000 % 679.52
- -------------------------------------------------------------------------------
272,945,748.07 268,693,824.96 3,732,002.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,043,439.06 3,484,284.37 0.00 0.00 154,135,004.16
CB-P 0.00 78,736.95 0.00 0.00 4,972,096.90
NB 545,805.55 1,743,150.18 0.00 0.00 83,352,114.50
A-P 0.00 1,927.36 0.00 0.00 1,421,507.70
A-V 122,313.47 122,313.47 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,920.91 79,961.18 0.00 0.00 11,288,861.51
M-2 21,963.17 24,083.64 0.00 0.00 3,400,111.81
M-3 18,449.10 20,230.30 0.00 0.00 2,856,097.91
B-1 10,542.24 11,560.06 0.00 0.00 1,632,041.71
B-2 5,271.44 5,780.38 0.00 0.00 816,070.68
B-3 7,027.45 7,706.97 0.00 0.00 1,087,915.61
- -------------------------------------------------------------------------------
1,847,732.39 5,579,734.86 0.00 0.00 264,961,822.49
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 988.440841 15.408706 6.587081 21.995787 0.000000 973.032135
CB-P 988.440840 15.408707 0.000000 15.408707 0.000000 973.032134
NB 973.599891 13.787606 6.285034 20.072640 0.000000 959.812286
A-P 993.742155 1.345548 0.000000 1.345548 0.000000 992.396607
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-1 997.166471 0.621493 6.437227 7.058720 0.000000 996.544978
M-2 997.166470 0.621492 6.437226 7.058718 0.000000 996.544978
M-3 997.166472 0.621493 6.437230 7.058723 0.000000 996.544979
B-1 997.166471 0.621494 6.437223 7.058717 0.000000 996.544978
B-2 997.166467 0.621492 6.437221 7.058713 0.000000 996.544975
B-3 997.019598 0.621404 6.436282 7.057686 0.000000 996.397242
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:37 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 55,652.04
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,243.49
SUBSERVICER ADVANCES THIS MONTH 51,447.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 5,921,618.30
(B) TWO MONTHLY PAYMENTS: 2 113,108.89
(C) THREE OR MORE MONTHLY PAYMENTS: 2 679,864.15
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 264,961,822.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,064
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 3,564,296.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.10752550 % 6.53383600 % 1.31682750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.00080670 % 6.62173556 % 1.34174080 %
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 8.57298200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.06
POOL TRADING FACTOR: 97.07490385
................................................................................
Run: 01/24/00 15:29:45 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 138,880,000.00 137,040,525.72 7.500000 % 1,853,474.44
A-2 76110F2H5 27,776,000.00 27,408,105.14 7.081250 % 370,694.89
A-3 76110F2J1 0.00 0.00 1.918750 % 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 865,434.18 863,831.89 0.000000 % 1,797.26
A-V 76110F2N2 0.00 0.00 0.588657 % 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 8,692,714.85 7.750000 % 5,386.82
M-2 76110F2S1 2,718,000.00 2,716,348.47 7.750000 % 1,683.31
M-3 76110F2T9 2,391,800.00 2,390,346.67 7.750000 % 1,481.28
B-1 76110F2U6 1,413,400.00 1,412,541.18 7.750000 % 875.34
B-2 76110F2V4 652,300.00 651,903.64 7.750000 % 403.98
B-3 76110F2W2 869,779.03 869,250.53 7.750000 % 538.67
- -------------------------------------------------------------------------------
217,433,913.21 215,214,568.09 2,236,335.99
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 856,348.66 2,709,823.10 0.00 0.00 135,187,051.28
A-2 161,707.17 532,402.06 0.00 0.00 27,037,410.25
A-3 43,816.51 43,816.51 0.00 0.00 0.00
A-4 73,779.60 73,779.60 0.00 0.00 11,426,000.00
A-5 140,398.19 140,398.19 0.00 0.00 21,743,000.00
A-P 0.00 1,797.26 0.00 0.00 862,034.63
A-V 105,553.89 105,553.89 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 56,130.31 61,517.13 0.00 0.00 8,687,328.03
M-2 17,539.91 19,223.22 0.00 0.00 2,714,665.16
M-3 15,434.87 16,916.15 0.00 0.00 2,388,865.39
B-1 9,121.01 9,996.35 0.00 0.00 1,411,665.84
B-2 4,209.45 4,613.43 0.00 0.00 651,499.66
B-3 5,612.90 6,151.57 0.00 0.00 868,711.86
- -------------------------------------------------------------------------------
1,489,652.47 3,725,988.46 0.00 0.00 212,978,232.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 986.754938 13.345870 6.166105 19.511975 0.000000 973.409067
A-2 986.754937 13.345870 5.821831 19.167701 0.000000 973.409067
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 1000.000000 0.000000 6.457168 6.457168 0.000000 1000.000000
A-5 1000.000000 0.000000 6.457167 6.457167 0.000000 1000.000000
A-P 998.148571 2.076715 0.000000 2.076715 0.000000 996.071856
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-1 999.392372 0.619317 6.453243 7.072560 0.000000 998.773055
M-2 999.392373 0.619319 6.453241 7.072560 0.000000 998.773054
M-3 999.392370 0.619316 6.453244 7.072560 0.000000 998.773054
B-1 999.392373 0.619315 6.453240 7.072555 0.000000 998.773058
B-2 999.392365 0.619316 6.453242 7.072558 0.000000 998.773049
B-3 999.392374 0.619318 6.453248 7.072566 0.000000 998.773056
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 15:29:45 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14 (POOL # 4410)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4410
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,727.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,446.40
SUBSERVICER ADVANCES THIS MONTH 65,968.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 61 8,526,234.00
(B) TWO MONTHLY PAYMENTS: 2 123,087.93
(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 212,978,232.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,637
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 2,102,766.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.19358630 % 6.43777100 % 1.36864250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.11623810 % 6.47524324 % 1.38220340 %
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 8.62934961
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.67
POOL TRADING FACTOR: 97.95078834
................................................................................
Run: 01/24/00 16:01:09 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 112,000,000.00 112,000,000.00 7.000000 % 968,318.52
A-2 76110F2Y8 20,028,000.00 20,028,000.00 7.750000 % 0.00
A-3 76110F2Z5 48,000,000.00 48,000,000.00 5.908750 % 414,993.65
A-4 76110F3A9 0.00 0.00 3.591250 % 0.00
A-5 76110F3B7 20,253,000.00 20,253,000.00 7.750000 % 11,131.19
A-P 76110F3C5 242,044.80 242,044.80 0.000000 % 308.71
A-V 76110F3D3 0.00 0.00 0.732153 % 0.00
R-I 76110F3E1 100.00 100.00 7.750000 % 100.00
R-II 76110F3F8 100.00 100.00 7.750000 % 100.00
M-1 76110F3G6 8,695,000.00 8,695,000.00 7.750000 % 4,778.83
M-2 76110F3H4 2,825,900.00 2,825,900.00 7.750000 % 1,553.13
M-3 76110F3J0 2,391,000.00 2,391,000.00 7.750000 % 1,314.11
B-1 76110F3K7 1,412,900.00 1,412,900.00 7.750000 % 776.54
B-2 76110F3L5 652,100.00 652,100.00 7.750000 % 358.40
B-3 76110F3M3 869,572.62 869,572.62 7.750000 % 477.93
- -------------------------------------------------------------------------------
217,369,717.42 217,369,717.42 1,404,211.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 652,749.58 1,621,068.10 0.00 0.00 111,031,681.48
A-2 129,231.93 129,231.93 0.00 0.00 20,028,000.00
A-3 236,138.82 651,132.47 0.00 0.00 47,585,006.35
A-4 143,521.65 143,521.65 0.00 0.00 0.00
A-5 130,683.76 141,814.95 0.00 0.00 20,241,868.81
A-P 0.00 308.71 0.00 0.00 241,736.09
A-V 132,504.80 132,504.80 0.00 0.00 0.00
R-I 0.65 100.65 0.00 0.00 0.00
R-II 0.65 100.65 0.00 0.00 0.00
M-1 56,105.04 60,883.87 0.00 0.00 8,690,221.17
M-2 18,234.29 19,787.42 0.00 0.00 2,824,346.87
M-3 15,428.08 16,742.19 0.00 0.00 2,389,685.89
B-1 9,116.83 9,893.37 0.00 0.00 1,412,123.46
B-2 4,207.72 4,566.12 0.00 0.00 651,741.60
B-3 5,610.97 6,088.90 0.00 0.00 869,094.69
- -------------------------------------------------------------------------------
1,533,534.77 2,937,745.78 0.00 0.00 215,965,506.41
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 8.645701 5.828121 14.473822 0.000000 991.354299
A-2 1000.000000 0.000000 6.452563 6.452563 0.000000 1000.000000
A-3 1000.000000 8.645701 4.919559 13.565260 0.000000 991.354299
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 1000.000000 0.549607 6.452563 7.002170 0.000000 999.450393
A-P 1000.000000 1.275425 0.000000 1.275425 0.000000 998.724575
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
R-II 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
M-1 1000.000000 0.549607 6.452564 7.002171 0.000000 999.450393
M-2 1000.000000 0.549605 6.452560 7.002165 0.000000 999.450395
M-3 1000.000000 0.549607 6.452564 7.002171 0.000000 999.450393
B-1 1000.000000 0.549607 6.452566 7.002173 0.000000 999.450393
B-2 1000.000000 0.549609 6.452569 7.002178 0.000000 999.450391
B-3 1000.000000 0.549603 6.452561 7.002164 0.000000 999.450385
_______________________________________________________________________________
DETERMINATION DATE 20-January-00
DISTRIBUTION DATE 25-January-00
Run: 01/24/00 16:01:09 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 45,180.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,071.79
SUBSERVICER ADVANCES THIS MONTH 36,606.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,757,369.85
(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 215,965,506.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,522
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 1,284,690.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.24121350 % 6.40724400 % 1.35154240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.19501230 % 6.43818273 % 1.35959040 %
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 8.79961254
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 356.58
POOL TRADING FACTOR: 99.35399879
................................................................................
