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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 16,603,951.88 7.500000 % 987,925.48
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 1,296,956.13 0.000000 % 16,977.79
-------------------------------------------------------------------------------
258,459,514.42 71,109,908.01 1,004,903.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 103,774.70 1,091,700.18 0.00 0.00 15,616,026.40
A-5 138,125.00 138,125.00 0.00 0.00 22,100,000.00
A-6 194,431.25 194,431.25 0.00 0.00 31,109,000.00
R 86,359.86 103,337.65 0.00 0.00 1,279,978.34
-------------------------------------------------------------------------------
522,690.81 1,527,594.08 0.00 0.00 70,105,004.74
===============================================================================
_______________________________________________________________________________
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-4 360.955476 21.476641 2.255972 23.732613 0.000000 339.478835
A-5 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
A-6 1000.000000 0.000000 6.250000 6.250000 0.000000 1000.000000
R ****.****** ****.****** *****.****** *****.****** 0.000000 ****.******
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1 (POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4180
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,590.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 558.14
SUBSERVICER ADVANCES THIS MONTH 38,904.03
MASTER SERVICER ADVANCES THIS MONTH 4,525.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,370,699.07
(B) TWO MONTHLY PAYMENTS: 6 538,344.15
(C) THREE OR MORE MONTHLY PAYMENTS: 5 430,296.72
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 1,055,179.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 70,105,004.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 910
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 545,502.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 894,552.64
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.17612460 % 1.82387540 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.17419830 % 1.82580170 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.31689886
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 267.33
POOL TRADING FACTOR: 27.12417258
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1(POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4194
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FAG8 52,015,000.00 0.00 6.000000 % 0.00
A-I-2 76110FAH6 67,186,000.00 0.00 6.250000 % 0.00
A-I-3 76110FAJ2 22,562,000.00 0.00 6.750000 % 0.00
A-I-4 76110FAK9 31,852,000.00 8,877,421.79 6.900000 % 1,071,981.99
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 7,018,755.05 5.631005 % 62,319.20
R 0.53 1,335,017.87 0.000000 % 16,258.02
-------------------------------------------------------------------------------
255,942,104.53 70,183,330.71 1,150,559.21
===============================================================================
_______________________________________________________________________________
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 51,045.18 1,123,027.17 0.00 0.00 7,805,439.80
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 35,003.16 97,322.36 0.00 0.00 6,956,435.85
R 72,288.38 88,546.40 0.00 0.00 1,318,759.85
-------------------------------------------------------------------------------
466,666.72 1,617,225.93 0.00 0.00 69,032,771.50
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 278.708458 33.655092 1.602574 35.257666 0.000000 245.053366
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 238.936602 2.121507 1.191598 3.313105 0.000000 236.815095
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,067.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 56,674.48
MASTER SERVICER ADVANCES THIS MONTH 3,073.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,737,898.59
(B) TWO MONTHLY PAYMENTS: 7 762,400.73
(C) THREE OR MORE MONTHLY PAYMENTS: 3 449,716.86
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 2,084,983.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 69,032,771.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 730
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 349,221.21
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,055,881.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.09781350 % 1.90218650 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.08966120 % 1.91033880 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 735,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,217,590.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.94140500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.95
POOL TRADING FACTOR: 26.97202620
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,881.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 45,757.87
MASTER SERVICER ADVANCES THIS MONTH 2,420.26
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 3,378,971.45
(B) TWO MONTHLY PAYMENTS: 6 642,653.80
(C) THREE OR MORE MONTHLY PAYMENTS: 2 162,589.82
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,384,811.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 61,635,711.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 666
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 259,005.43
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,000,785.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 1.42592000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 735,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,217,590.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.99434833
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 277.28
POOL TRADING FACTOR: 27.20417099
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS1 (POOL # 4194)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4194
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,186.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,916.61
MASTER SERVICER ADVANCES THIS MONTH 653.13
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 358,927.14
(B) TWO MONTHLY PAYMENTS: 1 119,746.93
(C) THREE OR MORE MONTHLY PAYMENTS: 1 287,127.04
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 700,172.35
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,397,060.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 64
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 90,215.78
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 55,096.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.90698630 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 735,270.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,217,590.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.50026058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 302.19
POOL TRADING FACTOR: 25.18150920
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2(POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4201
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAS2 40,000,000.00 0.00 6.400000 % 0.00
A-2 76110FAT0 16,000,000.00 0.00 7.000000 % 0.00
A-3 76110FAU7 28,500,000.00 0.00 7.050000 % 0.00
A-4 76110FAV5 15,000,000.00 0.00 7.050000 % 0.00
A-5 76110FAW3 14,000,000.00 0.00 7.350000 % 0.00
A-6 76110FAX1 10,000,000.00 7,373,667.31 7.450000 % 1,153,186.34
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 92,246.09 0.000000 % 129.39
R 0.00 1,819,114.18 0.000000 % 0.00
-------------------------------------------------------------------------------
181,911,418.00 67,518,438.58 1,153,315.73
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 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 45,778.18 1,198,964.52 0.00 0.00 6,220,480.97
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 0.00 129.39 0.00 0.00 92,116.70
R 0.00 0.00 0.00 0.00 1,807,686.94
-------------------------------------------------------------------------------
404,320.33 1,557,636.06 0.00 0.00 66,353,695.61
===============================================================================
_______________________________________________________________________________
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-6 737.366731 115.318634 4.577818 119.896452 0.000000 622.048097
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-10 518.216081 0.726882 0.000000 0.726882 0.000000 517.489200
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1996-QS2 (POOL # 4201)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4201
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,859.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 828.08
SUBSERVICER ADVANCES THIS MONTH 35,720.75
MASTER SERVICER ADVANCES THIS MONTH 2,322.57
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,311,336.29
(B) TWO MONTHLY PAYMENTS: 6 845,170.62
(C) THREE OR MORE MONTHLY PAYMENTS: 6 556,819.01
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 725,071.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,353,695.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 748
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 284,777.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 880,461.73
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.30575200 % 2.69424800 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.27568010 % 2.72431990 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80489359
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.84
POOL TRADING FACTOR: 36.47582782
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3(POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4211
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBC6 42,855,000.00 0.00 6.780000 % 0.00
A-I-2 76110FBD4 26,000,000.00 0.00 7.150000 % 0.00
A-I-3 76110FBE2 10,596,000.00 0.00 7.290000 % 0.00
A-I-4 76110FBF9 25,000,000.00 0.00 7.250000 % 0.00
A-I-5 76110FBG7 18,587,000.00 0.00 7.460000 % 0.00
A-I-6 76110FBH5 21,696,000.00 0.00 7.750000 % 0.00
A-I-7 76110FBJ1 8,047,000.00 0.00 7.750000 % 0.00
A-I-8 76110FBK8 17,436,000.00 9,858,310.71 7.750000 % 1,359,613.52
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 7,401,303.12 7.750000 % 232,168.30
A-P 76110FBQ5 1,166,695.86 702,835.33 0.000000 % 8,224.52
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 11,844,091.11 7.750000 % 15,052.86
M-2 76110FBU6 5,568,000.00 5,263,830.37 7.750000 % 6,689.89
M-3 76110FBV4 4,176,000.00 3,947,872.81 7.750000 % 5,017.42
B-1 1,809,600.00 1,710,744.86 7.750000 % 2,174.22
B-2 696,000.00 657,978.78 7.750000 % 836.24
B-3 1,670,738.96 1,270,643.24 7.750000 % 1,614.88
A-V 76110FHY2 0.00 0.00 0.670176 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
278,404,734.82 102,678,172.33 1,631,391.85
===============================================================================
_______________________________________________________________________________
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 63,651.51 1,423,265.03 0.00 0.00 8,498,697.19
A-I-9 162,352.08 162,352.08 0.00 0.00 25,145,000.00
A-I-10 122,676.05 122,676.05 0.00 0.00 19,000,000.00
A-I-11 102,502.70 102,502.70 0.00 0.00 15,875,562.00
A-II 47,787.51 279,955.81 0.00 0.00 7,169,134.82
A-P 0.00 8,224.52 0.00 0.00 694,610.81
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 76,472.97 91,525.83 0.00 0.00 11,829,038.25
M-2 33,986.63 40,676.52 0.00 0.00 5,257,140.48
M-3 25,489.97 30,507.39 0.00 0.00 3,942,855.39
B-1 11,045.65 13,219.87 0.00 0.00 1,708,570.64
B-2 4,248.33 5,084.57 0.00 0.00 657,142.54
B-3 8,204.08 9,818.96 0.00 0.00 1,268,125.35
A-V 57,328.65 57,328.65 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
715,746.13 2,347,137.98 0.00 0.00 101,045,877.47
===============================================================================
Run: 05/25/00 08:07:00
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-8 565.399788 77.977376 3.650580 81.627956 0.000000 487.422413
A-I-9 1000.000000 0.000000 6.456635 6.456635 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.456634 6.456634 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.456634 6.456634 0.000000 1000.000000
A-II 360.135535 11.296937 2.325264 13.622201 0.000000 348.838598
A-P 602.415209 7.049411 0.000000 7.049411 0.000000 595.365798
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-1 945.371841 1.201489 6.103921 7.305410 0.000000 944.170352
M-2 945.371834 1.201489 6.103921 7.305410 0.000000 944.170345
M-3 945.371841 1.201489 6.103920 7.305409 0.000000 944.170352
B-1 945.371828 1.201492 6.103918 7.305410 0.000000 944.170336
B-2 945.371810 1.201494 6.103922 7.305416 0.000000 944.170316
B-3 760.527689 0.966566 4.910450 5.877016 0.000000 759.020636
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 21,292.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,388.54
SUBSERVICER ADVANCES THIS MONTH 39,395.89
MASTER SERVICER ADVANCES THIS MONTH 3,414.06
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 3,722,560.53
(B) TWO MONTHLY PAYMENTS: 3 336,657.58
(C) THREE OR MORE MONTHLY PAYMENTS: 4 187,756.87
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 584,126.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 101,045,877.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,107
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 384,562.87
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,494,596.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.78320220 % 20.50659200 % 3.54444070 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 75.42345660 % 20.81137266 % 3.62111870 %
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 8.69785200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.04
POOL TRADING FACTOR: 36.29459734
Run: 05/25/00 08:07:00 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,353.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,294.10
SUBSERVICER ADVANCES THIS MONTH 35,174.07
MASTER SERVICER ADVANCES THIS MONTH 2,513.67
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,372,103.36
(B) TWO MONTHLY PAYMENTS: 3 336,657.58
(C) THREE OR MORE MONTHLY PAYMENTS: 4 187,756.87
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 584,126.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 91,863,390.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,007
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 308,399.75
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,298,496.87
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.35463550 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.00694370 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 1,229,929.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,920,033.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.74547208
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 298.72
POOL TRADING FACTOR: 35.98143891
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,938.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 94.44
SUBSERVICER ADVANCES THIS MONTH 4,221.82
MASTER SERVICER ADVANCES THIS MONTH 900.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 350,457.17
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,182,487.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 100
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 76,163.12
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 196,099.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.08343870 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.65079180 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 1,229,929.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,920,033.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.22145043
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 126.16
POOL TRADING FACTOR: 39.75615942
................................................................................
Run: 05/25/00 08:07:00 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FBW2 45,914,000.00 0.00 6.850000 % 0.00
A-I-2 76110FBX0 26,945,000.00 0.00 11.000000 % 0.00
A-I-3 76110FBY8 15,646,000.00 0.00 7.300000 % 0.00
A-I-4 76110FBZ5 32,740,000.00 0.00 7.500000 % 0.00
A-I-5 76110FCA9 10,023,000.00 0.00 7.700000 % 0.00
A-I-6 76110FCB7 26,811,000.00 0.00 8.000000 % 0.00
A-I-7 76110FCC5 18,046,000.00 13,636,929.84 8.000000 % 912,854.64
A-I-8 76110FCD3 9,094,000.00 9,094,000.00 8.000000 % 0.00
A-I-9 76110FCE1 10,284,000.00 10,284,000.00 8.000000 % 0.00
A-I-10 76110FCF8 27,538,000.00 27,538,000.00 7.900000 % 0.00
A-II-1 76110FCG6 16,021,000.00 0.00 7.250000 % 0.00
A-II-2 76110FCH4 8,580,000.00 8,306,928.08 7.650000 % 396,196.59
A-P 76110FCJ0 3,039,637.99 1,578,520.73 0.000000 % 10,167.37
A-V-1 0.00 0.00 0.911451 % 0.00
A-V-2 0.00 0.00 0.350427 % 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 12,500,980.15 8.000000 % 16,871.82
M-2 76110FCN1 5,570,800.00 5,263,630.25 8.000000 % 7,104.00
M-3 76110FCP6 4,456,600.00 4,210,866.41 8.000000 % 5,683.15
B-1 76110FCR2 2,228,400.00 2,105,527.70 8.000000 % 2,841.70
B-2 76110FCS0 696,400.00 659,307.99 8.000000 % 0.00
B-3 76110FCT8 1,671,255.97 749,704.05 8.000000 % 0.00
STRIP 0.00 0.00 0.157936 % 0.00
-------------------------------------------------------------------------------
278,535,793.96 95,928,395.20 1,351,719.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 0.00 0.00 0.00 0.00 0.00
A-I-2 0.00 0.00 0.00 0.00 0.00
A-I-3 0.00 0.00 0.00 0.00 0.00
A-I-4 0.00 0.00 0.00 0.00 0.00
A-I-5 0.00 0.00 0.00 0.00 0.00
A-I-6 0.00 0.00 0.00 0.00 0.00
A-I-7 90,891.14 1,003,745.78 0.00 0.00 12,724,075.20
A-I-8 60,612.18 60,612.18 0.00 0.00 9,094,000.00
A-I-9 68,543.61 68,543.61 0.00 0.00 10,284,000.00
A-I-10 181,248.49 181,248.49 0.00 0.00 27,538,000.00
A-II-1 0.00 0.00 0.00 0.00 0.00
A-II-2 52,944.01 449,140.60 0.00 0.00 7,910,731.49
A-P 0.00 10,167.37 0.00 0.00 1,568,353.36
A-V-1 49,021.60 49,021.60 0.00 0.00 0.00
A-V-2 9,159.16 9,159.16 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 83,319.95 100,191.77 0.00 0.00 12,484,108.33
M-2 35,082.48 42,186.48 0.00 0.00 5,256,526.25
M-3 28,065.73 33,748.88 0.00 0.00 4,205,183.26
B-1 14,033.49 16,875.19 0.00 0.00 2,102,686.00
B-2 3,578.52 3,578.52 0.00 0.00 659,307.99
B-3 0.00 0.00 0.00 0.00 747,802.39
STRIP 4,716.55 4,716.55 0.00 0.00 0.00
-------------------------------------------------------------------------------
681,216.91 2,032,936.18 0.00 0.00 94,574,774.27
===============================================================================
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 755.676041 50.584874 5.036636 55.621510 0.000000 705.091167
A-I-8 1000.000000 0.000000 6.665074 6.665074 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.665073 6.665073 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.581759 6.581759 0.000000 1000.000000
A-II-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-II-2 968.173436 46.176759 6.170631 52.347390 0.000000 921.996677
A-P 519.312081 3.344927 0.000000 3.344927 0.000000 515.967155
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-1 944.860750 1.275222 6.297566 7.572788 0.000000 943.585528
M-2 944.860747 1.275221 6.297566 7.572787 0.000000 943.585526
M-3 944.860748 1.275221 6.297565 7.572786 0.000000 943.585527
B-1 944.860752 1.275220 6.297563 7.572783 0.000000 943.585532
B-2 946.737493 0.000000 5.138599 5.138599 0.000000 946.737493
B-3 448.587208 0.000000 0.000000 0.000000 0.000000 447.449343
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 19,924.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,516.35
SUBSERVICER ADVANCES THIS MONTH 31,761.36
MASTER SERVICER ADVANCES THIS MONTH 1,545.54
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 1,878,419.84
(B) TWO MONTHLY PAYMENTS: 6 643,182.85
(C) THREE OR MORE MONTHLY PAYMENTS: 5 618,897.46
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 556,915.25
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 94,574,774.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,136
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 197,529.32
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,215,602.94
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.98351830 % 22.90820900 % 3.66371160 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.63026150 % 23.20472664 % 3.77371410 %
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 8.92464800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 276.92
POOL TRADING FACTOR: 33.95426237
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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 17,715.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,516.35
SUBSERVICER ADVANCES THIS MONTH 28,164.92
MASTER SERVICER ADVANCES THIS MONTH 1,545.54
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 17 1,707,439.06
(B) TWO MONTHLY PAYMENTS: 5 635,001.63
(C) THREE OR MORE MONTHLY PAYMENTS: 5 618,897.46
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 454,897.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 84,231,697.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 924
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 197,529.32
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 859,607.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.67492350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.71113380 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.93918164
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 295.57
POOL TRADING FACTOR: 33.58596257
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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 2,209.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 3,596.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 170,980.78
(B) TWO MONTHLY PAYMENTS: 1 8,181.22
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 102,017.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 10,343,076.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 212
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 355,994.95
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.57488950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.71113370 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80629275
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 125.01
POOL TRADING FACTOR: 37.28384836
................................................................................
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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 41,085,179.42 6.505000 % 1,333,705.84
R 973,833.13 2,130,680.66 0.000000 % 0.00
-------------------------------------------------------------------------------
139,119,013.13 43,215,860.08 1,333,705.84
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 222,235.42 1,555,941.26 0.00 0.00 39,751,473.58
R 0.00 0.00 41,486.23 0.00 2,172,166.89
-------------------------------------------------------------------------------
222,235.42 1,555,941.26 41,486.23 0.00 41,923,640.47
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 297.405812 9.654378 1.608709 11.263087 0.000000 287.751434
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 13,150.58
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 15,958.66
MASTER SERVICER ADVANCES THIS MONTH 437.19
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 623,223.51
(B) TWO MONTHLY PAYMENTS: 3 283,653.28
(C) THREE OR MORE MONTHLY PAYMENTS: 3 267,619.17
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 725,593.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 41,923,640.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 579
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 58,128.77
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,188,730.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.06967890 % 4.93032110 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 94.81875410 % 5.18124590 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.00100087
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 236.16
POOL TRADING FACTOR: 30.13509047
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-I-1 76110FCU5 23,848,000.00 0.00 9.500000 % 0.00
A-I-2 76110FCV3 25,000,000.00 0.00 7.600000 % 0.00
A-I-3 76110FCW1 12,373,000.00 0.00 6.650000 % 0.00
A-I-4 76110FCX9 7,100,000.00 0.00 7.450000 % 0.00
A-I-5 76110FCY7 10,137,000.00 0.00 7.600000 % 0.00
A-I-6 76110FCZ4 5,558,000.00 0.00 7.800000 % 0.00
A-I-7 76110FDA8 16,926,000.00 0.00 8.000000 % 0.00
A-I-8 76110FDB6 6,884,000.00 4,230,634.98 8.000000 % 644,955.25
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 11,162,000.00 938,908.87 8.000000 % 30,708.75
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 646,735.91 0.000000 % 1,495.99
A-V-1 796QS5AV1 0.00 0.00 1.013647 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.394217 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,349,797.71 8.000000 % 9,894.03
M-2 76110FDK6 3,958,800.00 3,678,779.02 8.000000 % 4,952.24
M-3 76110FDL4 2,815,100.00 2,619,161.09 8.000000 % 3,525.82
B-1 76110FDM2 1,407,600.00 1,322,284.95 8.000000 % 1,780.01
B-2 76110FDN0 439,800.00 417,603.32 8.000000 % 562.16
B-3 76110FDP5 1,055,748.52 575,275.01 8.000000 % 0.00
-------------------------------------------------------------------------------
175,944,527.21 60,034,180.86 697,874.25
===============================================================================
_______________________________________________________________________________
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 28,189.91 673,145.16 0.00 0.00 3,585,679.73
A-I-9 74,822.00 74,822.00 0.00 0.00 11,229,000.00
A-I-10 149,930.52 149,930.52 0.00 0.00 22,501,000.00
A-II-1 6,256.21 36,964.96 0.00 0.00 908,200.12
A-II-2 30,151.36 30,151.36 0.00 0.00 4,525,000.00
A-P 0.00 1,495.99 0.00 0.00 645,239.92
A-V-1 35,943.12 35,943.12 0.00 0.00 0.00
A-V-2 5,733.45 5,733.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,973.78 58,867.81 0.00 0.00 7,339,903.68
M-2 24,512.74 29,464.98 0.00 0.00 3,673,826.78
M-3 17,452.21 20,978.03 0.00 0.00 2,615,635.27
B-1 8,810.75 10,590.76 0.00 0.00 1,320,504.94
B-2 2,782.61 3,344.77 0.00 0.00 417,041.16
B-3 2,301.65 2,301.65 0.00 0.00 574,500.59
-------------------------------------------------------------------------------
435,860.31 1,133,734.56 0.00 0.00 59,335,532.19
===============================================================================
Run: 05/25/00 08:07:01
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5(POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4222
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-8 614.560572 93.689025 4.094990 97.784015 0.000000 520.871547
A-I-9 1000.000000 0.000000 6.663283 6.663283 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.663283 6.663283 0.000000 1000.000000
A-II-1 84.116545 2.751187 0.560492 3.311679 0.000000 81.365358
A-II-2 1000.000000 0.000000 6.663284 6.663284 0.000000 1000.000000
A-P 584.816324 1.352764 0.000000 1.352764 0.000000 583.463560
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-1 928.180553 1.249483 6.184729 7.434212 0.000000 926.931070
M-2 929.266197 1.250945 6.191962 7.442907 0.000000 928.015252
M-3 930.397176 1.252467 6.199499 7.451966 0.000000 929.144709
B-1 939.389706 1.264571 6.259413 7.523984 0.000000 938.125135
B-2 949.530059 1.278217 6.326990 7.605207 0.000000 948.251842
B-3 544.897766 0.000000 2.180112 2.180112 0.000000 544.164241
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 12,397.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 967.02
SUBSERVICER ADVANCES THIS MONTH 24,184.97
MASTER SERVICER ADVANCES THIS MONTH 1,022.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,577,439.30
(B) TWO MONTHLY PAYMENTS: 2 190,669.59
(C) THREE OR MORE MONTHLY PAYMENTS: 6 555,328.20
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 658,502.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 59,335,532.19
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 706
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 122,787.83
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 612,211.15
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.12074780 % 22.73327900 % 3.85640850 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.83807630 % 22.96998986 % 3.93940220 %
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 9.07362100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.65
POOL TRADING FACTOR: 33.72399991
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,941.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 473.05
SUBSERVICER ADVANCES THIS MONTH 23,693.29
MASTER SERVICER ADVANCES THIS MONTH 1,022.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,577,439.30
(B) TWO MONTHLY PAYMENTS: 1 147,588.76
(C) THREE OR MORE MONTHLY PAYMENTS: 6 555,328.20
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 658,502.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 52,382,499.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 600
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 122,787.83
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 607,705.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 72.41332400 % 0.00000000 % 3.89393700 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.08956720 % 0.00000000 % 3.94452290 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10124241
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 299.65
POOL TRADING FACTOR: 33.06090106
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS5 (POOL # 4222)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4222
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 1,455.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 493.97
SUBSERVICER ADVANCES THIS MONTH 491.68
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 1 43,080.83
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 6,953,032.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 106
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,505.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.44500680 % 0.00000000 % 3.89393700 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.43116630 % 0.00000000 % 3.91232040 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.86552633
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 128.97
POOL TRADING FACTOR: 39.72688573
................................................................................
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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 22,526,000.00 276,062.44 8.000000 % 276,062.44
A-I-10 76110FDZ3 11,650,000.00 11,650,000.00 8.000000 % 1,200,599.52
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 7,981,160.68 8.000000 % 305,729.98
A-P 76110FED1 601,147.92 277,950.72 0.000000 % 556.59
A-V-1 796QS7AV1 0.00 0.00 0.876625 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.468270 % 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 8,591,992.25 8.000000 % 10,725.68
M-2 76110FEH2 5,126,400.00 4,832,465.39 8.000000 % 6,032.53
M-3 76110FEJ8 3,645,500.00 3,436,476.38 8.000000 % 4,289.87
B-1 1,822,700.00 1,718,191.09 8.000000 % 2,144.88
B-2 569,600.00 536,940.64 8.000000 % 670.28
B-3 1,366,716.75 885,784.06 8.000000 % 1,105.75
-------------------------------------------------------------------------------
227,839,864.67 79,227,023.65 1,807,917.52
===============================================================================
_______________________________________________________________________________
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 1,839.59 277,902.03 0.00 0.00 0.00
A-I-10 77,631.78 1,278,231.30 0.00 0.00 10,449,400.48
A-I-11 202,715.56 202,715.56 0.00 0.00 30,421,000.00
A-I-12 57,434.19 57,434.19 0.00 0.00 8,619,000.00
A-II 53,183.84 358,913.82 0.00 0.00 7,675,430.70
A-P 0.00 556.59 0.00 0.00 277,394.13
A-V-1 44,906.00 44,906.00 0.00 0.00 0.00
A-V-2 6,914.89 6,914.89 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 57,254.22 67,979.90 0.00 0.00 8,581,266.57
M-2 32,201.97 38,234.50 0.00 0.00 4,826,432.86
M-3 22,899.55 27,189.42 0.00 0.00 3,432,186.51
B-1 11,449.46 13,594.34 0.00 0.00 1,716,046.21
B-2 3,577.99 4,248.27 0.00 0.00 536,270.36
B-3 5,902.58 7,008.33 0.00 0.00 884,678.31
-------------------------------------------------------------------------------
577,911.62 2,385,829.14 0.00 0.00 77,419,106.13
===============================================================================
Run: 05/25/00 08:07:01
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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 12.255280 12.255280 0.081665 12.336945 0.000000 0.000000
A-I-10 1000.000000 103.055753 6.663672 109.719425 0.000000 896.944247
A-I-11 1000.000000 0.000000 6.663672 6.663672 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.663672 6.663672 0.000000 1000.000000
A-II 396.993667 15.207420 2.645436 17.852856 0.000000 381.786247
A-P 462.366600 0.925876 0.000000 0.925876 0.000000 461.440724
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-1 942.662569 1.176758 6.281594 7.458352 0.000000 941.485811
M-2 942.662568 1.176758 6.281595 7.458353 0.000000 941.485811
M-3 942.662565 1.176758 6.281594 7.458352 0.000000 941.485807
B-1 942.662583 1.176760 6.281593 7.458353 0.000000 941.485823
B-2 942.662640 1.176756 6.281584 7.458340 0.000000 941.485885
B-3 648.110927 0.809056 4.318803 5.127859 0.000000 647.301870
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:02 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 16,330.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 44,413.78
MASTER SERVICER ADVANCES THIS MONTH 605.53
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,998,750.65
(B) TWO MONTHLY PAYMENTS: 9 719,269.93
(C) THREE OR MORE MONTHLY PAYMENTS: 6 814,288.43
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 488,317.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 77,419,106.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 902
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 58,647.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,698,681.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.66487060 % 21.28179700 % 3.96445010 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.10365900 % 21.75158922 % 4.06653520 %
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 9.08395800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 281.57
POOL TRADING FACTOR: 33.97961381
Run: 05/25/00 08:07:02 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,310.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 35,071.79
MASTER SERVICER ADVANCES THIS MONTH 269.76
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,768,196.67
(B) TWO MONTHLY PAYMENTS: 8 589,603.44
(C) THREE OR MORE MONTHLY PAYMENTS: 5 373,274.82
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 488,317.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 67,898,636.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 756
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 31,267.63
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,430,972.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.70301480 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.14683770 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.12232167
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 303.14
POOL TRADING FACTOR: 33.04485853
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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 2,019.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 9,341.99
MASTER SERVICER ADVANCES THIS MONTH 335.77
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 230,553.98
(B) TWO MONTHLY PAYMENTS: 1 129,666.49
(C) THREE OR MORE MONTHLY PAYMENTS: 1 441,013.61
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 9,520,469.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 146
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 27,380.13
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 267,709.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.45294890 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.92942650 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81035058
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 127.71
POOL TRADING FACTOR: 42.56721773
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FEK5 4,000,000.00 0.00 7.400000 % 0.00
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 0.00 7.050000 % 0.00
A-4 76110FEN9 3,765,148.00 0.00 7.300000 % 0.00
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 0.00 7.400000 % 0.00
A-7 76110FER0 31,579,563.00 1,690,019.31 6.650000 % 127,475.10
A-8 76110FES8 0.00 0.00 2.350000 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 6,035,777.60 7.400000 % 455,268.15
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 54,230.80 0.000000 % 96.89
A-15-1 96QS8A151 0.00 0.00 0.978042 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.509178 % 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 6,303,105.76 7.750000 % 5,974.36
M-2 76110FFC2 4,440,700.00 4,202,102.07 7.750000 % 3,982.93
M-3 76110FFD0 3,108,500.00 2,941,480.90 7.750000 % 2,788.06
B-1 1,509,500.00 1,428,394.85 7.750000 % 1,353.89
B-2 444,000.00 420,143.96 7.750000 % 398.23
B-3 1,154,562.90 905,695.76 7.750000 % 858.46
-------------------------------------------------------------------------------
177,623,205.60 60,602,909.01 598,196.07
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 0.00 0.00 0.00 0.00 0.00
A-6 0.00 0.00 0.00 0.00 0.00
A-7 9,363.03 136,838.13 0.00 0.00 1,562,544.21
A-8 3,308.74 3,308.74 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 37,210.75 492,478.90 0.00 0.00 5,580,509.45
A-11 90,231.25 90,231.25 0.00 0.00 13,975,000.00
A-12 12,913.24 12,913.24 0.00 0.00 2,000,000.00
A-13 133,309.54 133,309.54 0.00 0.00 20,646,958.00
A-14 0.00 96.89 0.00 0.00 54,133.91
A-15-1 39,996.65 39,996.65 0.00 0.00 0.00
A-15-2 4,885.26 4,885.26 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 40,696.75 46,671.11 0.00 0.00 6,297,131.40
M-2 27,131.38 31,114.31 0.00 0.00 4,198,119.14
M-3 18,992.02 21,780.08 0.00 0.00 2,938,692.84
B-1 9,222.60 10,576.49 0.00 0.00 1,427,040.96
B-2 2,712.71 3,110.94 0.00 0.00 419,745.73
B-3 5,847.74 6,706.20 0.00 0.00 903,151.75
-------------------------------------------------------------------------------
435,821.66 1,034,017.73 0.00 0.00 60,003,027.39
===============================================================================
Run: 05/25/00 08:05:51
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-7 53.516235 4.036633 0.296490 4.333123 0.000000 49.479602
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-10 288.052808 21.727319 1.775854 23.503173 0.000000 266.325489
A-11 1000.000000 0.000000 6.456619 6.456619 0.000000 1000.000000
A-12 1000.000000 0.000000 6.456620 6.456620 0.000000 1000.000000
A-13 1000.000000 0.000000 6.456619 6.456619 0.000000 1000.000000
A-14 468.214465 0.836523 0.000000 0.836523 0.000000 467.377943
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-1 946.270194 0.896916 6.109706 7.006622 0.000000 945.373277
M-2 946.270198 0.896915 6.109708 7.006623 0.000000 945.373284
M-3 946.270195 0.896915 6.109706 7.006621 0.000000 945.373280
B-1 946.270189 0.896913 6.109705 7.006618 0.000000 945.373276
B-2 946.270180 0.896914 6.109707 7.006621 0.000000 945.373266
B-3 784.449041 0.743537 5.064895 5.808432 0.000000 782.245601
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:51 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 12,519.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,862.67
SUBSERVICER ADVANCES THIS MONTH 21,184.83
MASTER SERVICER ADVANCES THIS MONTH 2,305.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,075,899.26
(B) TWO MONTHLY PAYMENTS: 4 679,217.53
(C) THREE OR MORE MONTHLY PAYMENTS: 5 720,186.94
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 133,312.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 60,003,027.39
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 688
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 295,535.67
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 542,407.16
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.24314290 % 22.20806300 % 4.54879390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.00386900 % 22.38877597 % 4.58713790 %
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 8.95772864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 302.73
POOL TRADING FACTOR: 33.78107449
................................................................................
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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 5,475,778.58 11.000000 % 202,040.16
A-7 76110FFL2 17,652,000.00 0.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 2,911,594.41 6.750000 % 179,591.26
A-9 76110FFN8 19,068,000.00 12,374,275.97 6.750000 % 763,262.85
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 212,947.62 123,883.29 0.000000 % 157.02
A-13-1 0.00 0.00 1.003783 % 0.00
A-13-2 0.00 0.00 0.673441 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,074,981.83 7.500000 % 8,338.93
M-2 76110FFW8 6,251,000.00 6,049,665.29 7.500000 % 5,558.99
M-3 76110FFX6 4,375,700.00 4,234,765.70 7.500000 % 3,891.29
B-1 1,624,900.00 1,572,564.56 7.500000 % 1,445.02
B-2 624,800.00 605,191.71 7.500000 % 556.11
B-3 1,500,282.64 1,254,615.00 7.500000 % 1,072.82
-------------------------------------------------------------------------------
250,038,730.26 101,451,081.34 1,165,914.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 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 50,176.81 252,216.97 0.00 0.00 5,273,738.42
A-7 0.00 0.00 0.00 0.00 0.00
A-8 16,371.90 195,963.16 0.00 0.00 2,732,003.15
A-9 69,580.58 832,843.43 0.00 0.00 11,611,013.12
A-10 57,735.67 57,735.67 0.00 0.00 10,267,765.00
A-11 296,807.06 296,807.06 0.00 0.00 47,506,000.00
A-12 0.00 157.02 0.00 0.00 123,726.27
A-13-1 67,824.05 67,824.05 0.00 0.00 0.00
A-13-2 11,410.85 11,410.85 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,698.50 65,037.43 0.00 0.00 9,066,642.90
M-2 37,796.98 43,355.97 0.00 0.00 6,044,106.30
M-3 26,457.89 30,349.18 0.00 0.00 4,230,874.41
B-1 9,825.04 11,270.06 0.00 0.00 1,571,119.54
B-2 3,781.11 4,337.22 0.00 0.00 604,635.60
B-3 7,838.56 8,911.38 0.00 0.00 1,253,462.14
-------------------------------------------------------------------------------
712,305.00 1,878,219.45 0.00 0.00 100,285,086.85
===============================================================================
Run: 05/25/00 08:05:53
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-6 173.769995 6.411603 1.592326 8.003929 0.000000 167.358393
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 514.817185 31.754652 2.894818 34.649470 0.000000 483.062533
A-9 648.955106 40.028469 3.649076 43.677545 0.000000 608.926637
A-10 1000.000000 0.000000 5.623003 5.623003 0.000000 1000.000000
A-11 1000.000000 0.000000 6.247780 6.247780 0.000000 1000.000000
A-12 581.754753 0.737364 0.000000 0.737364 0.000000 581.017388
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-1 967.791600 0.889296 6.046550 6.935846 0.000000 966.902304
M-2 967.791600 0.889296 6.046549 6.935845 0.000000 966.902304
M-3 967.791599 0.889295 6.046550 6.935845 0.000000 966.902304
B-1 967.791593 0.889298 6.046551 6.935849 0.000000 966.902296
B-2 968.616693 0.890061 6.051713 6.941774 0.000000 967.726633
B-3 836.252428 0.715079 5.224722 5.939801 0.000000 835.483999
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:54 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 21,011.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,893.55
SUBSERVICER ADVANCES THIS MONTH 49,563.89
MASTER SERVICER ADVANCES THIS MONTH 2,114.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,459,478.71
(B) TWO MONTHLY PAYMENTS: 4 383,426.16
(C) THREE OR MORE MONTHLY PAYMENTS: 8 839,210.51
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,625,156.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,285,086.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,087
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 255,234.30
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,072,736.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 77.50674590 % 19.10584000 % 3.38741360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 77.26584310 % 19.28663994 % 3.42369280 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 516,078.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,272,830.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.75672522
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.20
POOL TRADING FACTOR: 40.10782119
................................................................................
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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 3,328,706.55 9.000000 % 323,242.49
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 18,200,000.00 500,299.98 7.250000 % 500,299.98
A-5 76110FGC1 10,000,000.00 450,036.97 7.250000 % 111,121.99
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 196,684.30
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 76,479.97 0.000000 % 88.63
A-10-1 97QS2A101 0.00 0.00 0.772912 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.425069 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,748,765.05 7.750000 % 4,381.99
M-2 76110FGL1 4,109,600.00 3,957,240.02 7.750000 % 3,651.60
M-3 76110FGM9 2,630,200.00 2,532,687.53 7.750000 % 2,337.07
B-1 1,068,500.00 1,028,886.24 7.750000 % 949.42
B-2 410,900.00 395,666.24 7.750000 % 365.11
B-3 821,738.81 632,546.84 7.750000 % 583.68
-------------------------------------------------------------------------------
164,383,983.57 66,423,528.39 1,143,706.26
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 24,947.61 348,190.10 0.00 0.00 3,005,464.06
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 3,020.51 503,320.49 0.00 0.00 0.00
A-5 2,717.04 113,839.03 0.00 0.00 338,914.98
A-6 44,504.17 241,188.47 0.00 0.00 7,174,745.70
A-7 67,124.13 67,124.13 0.00 0.00 10,400,783.00
A-8 200,066.49 200,066.49 0.00 0.00 31,000,000.00
A-9 0.00 88.63 0.00 0.00 76,391.34
A-10-1 34,581.31 34,581.31 0.00 0.00 0.00
A-10-2 4,493.89 4,493.89 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,647.38 35,029.37 0.00 0.00 4,744,383.06
M-2 25,539.07 29,190.67 0.00 0.00 3,953,588.42
M-3 16,345.35 18,682.42 0.00 0.00 2,530,350.46
B-1 6,640.18 7,589.60 0.00 0.00 1,027,936.82
B-2 2,553.53 2,918.64 0.00 0.00 395,301.13
B-3 4,082.31 4,665.99 0.00 0.00 631,963.16
-------------------------------------------------------------------------------
467,262.97 1,610,969.23 0.00 0.00 65,279,822.13
===============================================================================
Run: 05/25/00 08:05:55
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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-1 107.002879 10.390786 0.801953 11.192739 0.000000 96.612093
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 27.489010 27.489010 0.165962 27.654972 0.000000 0.000000
A-5 45.003697 11.112199 0.271704 11.383903 0.000000 33.891498
A-6 1000.000000 26.681974 6.037386 32.719360 0.000000 973.318027
A-7 1000.000000 0.000000 6.453757 6.453757 0.000000 1000.000000
A-8 1000.000000 0.000000 6.453758 6.453758 0.000000 1000.000000
A-9 585.776187 0.678836 0.000000 0.678836 0.000000 585.097352
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-1 962.925835 0.888553 6.214490 7.103043 0.000000 962.037282
M-2 962.925837 0.888554 6.214490 7.103044 0.000000 962.037283
M-3 962.925835 0.888552 6.214489 7.103041 0.000000 962.037282
B-1 962.925821 0.888554 6.214488 7.103042 0.000000 962.037267
B-2 962.925870 0.888562 6.214480 7.103042 0.000000 962.037308
B-3 769.766296 0.710311 4.967892 5.678203 0.000000 769.055997
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:55 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 13,765.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 166.19
SUBSERVICER ADVANCES THIS MONTH 28,151.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,764,224.58
(B) TWO MONTHLY PAYMENTS: 2 169,186.33
(C) THREE OR MORE MONTHLY PAYMENTS: 5 379,637.48
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 219,794.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,279,822.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 750
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 1,082,410.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.96023600 % 16.93925000 % 3.10051370 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.62757040 % 17.20029494 % 3.15198310 %
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 8.77029521
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 307.23
POOL TRADING FACTOR: 39.71178987
................................................................................
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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 18,618,061.56 7.750000 % 1,278,566.49
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 68,324.34 0.000000 % 96.38
A-10-1 97QS3A101 0.00 0.00 0.799547 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.481529 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,162,722.84 7.750000 % 7,459.74
M-2 76110FHE6 4,112,900.00 3,971,377.28 7.750000 % 5,738.34
M-3 76110FHF3 2,632,200.00 2,541,627.34 7.750000 % 3,672.46
B-1 1,069,400.00 1,032,602.51 7.750000 % 1,492.03
B-2 411,200.00 397,050.82 7.750000 % 573.71
B-3 823,585.68 455,710.65 7.750000 % 658.47
-------------------------------------------------------------------------------
164,514,437.18 67,885,477.34 1,298,257.62
===============================================================================
_______________________________________________________________________________
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-4 120,190.86 1,398,757.35 0.00 0.00 17,339,495.07
A-5 46,080.11 46,080.11 0.00 0.00 7,138,000.00
A-6 6,455.60 6,455.60 0.00 0.00 1,000,000.00
A-7 0.00 0.00 0.00 0.00 0.00
A-8 177,529.15 177,529.15 0.00 0.00 27,500,000.00
A-9 0.00 96.38 0.00 0.00 68,227.96
A-10-1 34,369.17 34,369.17 0.00 0.00 0.00
A-10-2 6,530.26 6,530.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,328.51 40,788.25 0.00 0.00 5,155,263.10
M-2 25,637.65 31,375.99 0.00 0.00 3,965,638.94
M-3 16,407.75 20,080.21 0.00 0.00 2,537,954.88
B-1 6,666.07 8,158.10 0.00 0.00 1,031,110.48
B-2 2,563.21 3,136.92 0.00 0.00 396,477.11
B-3 2,941.89 3,600.36 0.00 0.00 455,052.18
-------------------------------------------------------------------------------
478,700.23 1,776,957.85 0.00 0.00 66,587,219.72
===============================================================================
Run: 05/25/00 08:05:56
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-4 792.595213 54.430246 5.116682 59.546928 0.000000 738.164967
A-5 1000.000000 0.000000 6.455605 6.455605 0.000000 1000.000000
A-6 1000.000000 0.000000 6.455600 6.455600 0.000000 1000.000000
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 1000.000000 0.000000 6.455605 6.455605 0.000000 1000.000000
A-9 636.454451 0.897798 0.000000 0.897798 0.000000 635.556653
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-1 965.590521 1.395205 6.233473 7.628678 0.000000 964.195317
M-2 965.590527 1.395205 6.233473 7.628678 0.000000 964.195322
M-3 965.590510 1.395206 6.233474 7.628680 0.000000 964.195304
B-1 965.590527 1.395203 6.233467 7.628670 0.000000 964.195325
B-2 965.590516 1.395209 6.233487 7.628696 0.000000 964.195306
B-3 553.325126 0.799468 3.572051 4.371519 0.000000 552.525610
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:56 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 13,979.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7.45
SUBSERVICER ADVANCES THIS MONTH 32,440.27
MASTER SERVICER ADVANCES THIS MONTH 479.49
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,288,683.64
(B) TWO MONTHLY PAYMENTS: 1 183,843.37
(C) THREE OR MORE MONTHLY PAYMENTS: 6 1,641,893.22
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 1,014,167.34
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,587,219.72
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 719
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 60,175.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,200,180.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.00344920 % 17.21648100 % 2.78006950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 79.64266090 % 17.50915111 % 2.83022900 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 667,559.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,602,428.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79508772
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.76
POOL TRADING FACTOR: 40.47500077
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHK2 43,231,010.00 0.00 7.250000 % 0.00
A-2 76110FHL0 35,775,000.00 0.00 7.250000 % 0.00
A-3 76110FHM8 22,398,546.00 0.00 7.250000 % 0.00
A-4 76110FHN6 24,498,244.00 1,444,110.72 10.000000 % 163,050.37
A-5 76110FHP1 17,675,100.00 12,996,996.68 7.500000 % 1,467,453.32
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 155,284.33 118,808.94 0.000000 % 135.68
A-9-1 797QS4A91 0.00 0.00 0.794679 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.475126 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 6,976,607.86 7.750000 % 6,404.52
M-2 76110FHW6 4,975,300.00 4,829,921.94 7.750000 % 4,433.86
M-3 76110FHX4 3,316,900.00 3,219,980.33 7.750000 % 2,955.94
B-1 1,216,200.00 1,180,662.69 7.750000 % 1,083.85
B-2 552,900.00 536,744.28 7.750000 % 492.73
B-3 995,114.30 801,929.53 7.750000 % 0.00
-------------------------------------------------------------------------------
221,126,398.63 91,255,862.97 1,646,010.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 12,014.51 175,064.88 0.00 0.00 1,281,060.35
A-5 81,097.94 1,548,551.26 0.00 0.00 11,529,543.36
A-6 46,101.96 46,101.96 0.00 0.00 7,150,100.00
A-7 335,282.25 335,282.25 0.00 0.00 52,000,000.00
A-8 0.00 135.68 0.00 0.00 118,673.26
A-9-1 47,388.32 47,388.32 0.00 0.00 0.00
A-9-2 7,739.66 7,739.66 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 44,983.32 51,387.84 0.00 0.00 6,970,203.34
M-2 31,142.06 35,575.92 0.00 0.00 4,825,488.08
M-3 20,761.59 23,717.53 0.00 0.00 3,217,024.39
B-1 7,612.60 8,696.45 0.00 0.00 1,179,578.84
B-2 3,460.78 3,953.51 0.00 0.00 536,251.55
B-3 4,947.99 4,947.99 0.00 0.00 801,193.37
-------------------------------------------------------------------------------
642,532.98 2,288,543.25 0.00 0.00 89,609,116.54
===============================================================================
Run: 05/25/00 08:05:57
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 58.947520 6.655594 0.490423 7.146017 0.000000 52.291926
A-5 735.328042 83.023763 4.588259 87.612022 0.000000 652.304279
A-6 1000.000000 0.000000 6.447736 6.447736 0.000000 1000.000000
A-7 1000.000000 0.000000 6.447736 6.447736 0.000000 1000.000000
A-8 765.105790 0.873752 0.000000 0.873752 0.000000 764.232038
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-1 970.780043 0.891175 6.259333 7.150508 0.000000 969.888868
M-2 970.780041 0.891174 6.259333 7.150507 0.000000 969.888867
M-3 970.780045 0.891175 6.259336 7.150511 0.000000 969.888869
B-1 970.780044 0.891177 6.259332 7.150509 0.000000 969.888867
B-2 970.780033 0.891174 6.259324 7.150498 0.000000 969.888859
B-3 805.866753 0.000000 4.972283 4.972283 0.000000 805.126978
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:57 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4 (POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4247
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,892.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,346.38
SUBSERVICER ADVANCES THIS MONTH 23,747.99
MASTER SERVICER ADVANCES THIS MONTH 549.16
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 16 1,712,951.20
(B) TWO MONTHLY PAYMENTS: 3 178,312.22
(C) THREE OR MORE MONTHLY PAYMENTS: 8 823,770.54
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 285,392.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,609,116.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 976
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 75,290.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,562,966.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.74784530 % 16.48781600 % 2.76433830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.41160720 % 16.75355855 % 2.81261740 %
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 8.79082037
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 310.74
POOL TRADING FACTOR: 40.52393432
................................................................................
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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 99,168.03 10.000000 % 99,168.03
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 264,448.10 7.250000 % 264,448.10
A-6 76110FJE4 18,143,000.00 18,143,000.00 8.000000 % 1,492,761.66
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 340,158.57 191,275.96 0.000000 % 255.94
A-11-1 0.00 0.00 0.685521 % 0.00
A-11-2 0.00 0.00 0.371116 % 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 6,534,697.30 8.000000 % 5,401.15
M-2 76110FJP9 4,330,000.00 4,204,344.62 8.000000 % 3,475.03
M-3 76110FJQ7 2,886,000.00 2,802,249.11 8.000000 % 2,316.15
B-1 1,058,000.00 1,027,297.11 8.000000 % 849.10
B-2 481,000.00 467,041.53 8.000000 % 386.03
B-3 866,066.26 387,114.21 8.000000 % 0.00
-------------------------------------------------------------------------------
192,360,424.83 81,804,635.97 1,869,061.19
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 826.10 99,994.13 0.00 0.00 0.00
A-4 0.00 0.00 0.00 0.00 0.00
A-5 1,597.13 266,045.23 0.00 0.00 0.00
A-6 120,909.70 1,613,671.36 0.00 0.00 16,650,238.34
A-7 31,768.54 31,768.54 0.00 0.00 4,767,000.00
A-8 26,813.46 26,813.46 0.00 0.00 0.00
A-9 259,196.69 259,196.69 0.00 0.00 42,917,000.00
A-10 0.00 255.94 0.00 0.00 191,020.02
A-11-1 35,805.07 35,805.07 0.00 0.00 0.00
A-11-2 5,906.49 5,906.49 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 43,548.94 48,950.09 0.00 0.00 6,529,296.15
M-2 28,018.85 31,493.88 0.00 0.00 4,200,869.59
M-3 18,674.92 20,991.07 0.00 0.00 2,799,932.96
B-1 6,846.18 7,695.28 0.00 0.00 1,026,448.01
B-2 3,112.49 3,498.52 0.00 0.00 466,655.50
B-3 2,117.57 2,117.57 0.00 0.00 386,794.25
-------------------------------------------------------------------------------
585,142.13 2,454,203.32 0.00 0.00 79,935,254.82
===============================================================================
Run: 05/25/00 08:05:57
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 3.310356 3.310356 0.027576 3.337932 0.000000 0.000000
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 22.439207 22.439207 0.135521 22.574728 0.000000 0.000000
A-6 1000.000000 82.277554 6.664262 88.941816 0.000000 917.722446
A-7 1000.000000 0.000000 6.664263 6.664263 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.039488 6.039488 0.000000 1000.000000
A-10 562.314100 0.752414 0.000000 0.752414 0.000000 561.561686
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-1 970.980282 0.802548 6.470868 7.273416 0.000000 970.177734
M-2 970.980282 0.802547 6.470866 7.273413 0.000000 970.177734
M-3 970.980288 0.802547 6.470866 7.273413 0.000000 970.177741
B-1 970.980255 0.802552 6.470870 7.273422 0.000000 970.177703
B-2 970.980312 0.802557 6.470873 7.273430 0.000000 970.177755
B-3 446.979900 0.000000 2.445044 2.445044 0.000000 446.610459
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:58 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 16,702.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 25,960.61
MASTER SERVICER ADVANCES THIS MONTH 3,884.26
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,613,118.95
(B) TWO MONTHLY PAYMENTS: 5 722,593.14
(C) THREE OR MORE MONTHLY PAYMENTS: 3 258,648.44
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 678,229.92
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 79,935,254.82
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 849
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 462,427.99
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,801,721.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.10267260 % 16.59200300 % 2.30532460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.67572350 % 16.92632210 % 2.35740900 %
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 8.92063401
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 314.51
POOL TRADING FACTOR: 41.55493776
................................................................................
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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 7,882,283.06 7.500000 % 585,192.16
A-3 76110FJT1 18,746,000.00 18,746,000.00 7.500000 % 0.00
A-4 76110FJU8 2,046,000.00 2,046,000.00 7.500000 % 0.00
A-5 76110FJV6 21,277,000.00 18,794,994.70 7.500000 % 85,146.66
A-6 76110FJW4 164,986.80 73,798.38 0.000000 % 357.28
A-7-1 0.00 0.00 0.836314 % 0.00
A-7-2 0.00 0.00 0.275636 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,347,876.68 7.500000 % 10,561.98
M-2 76110FKA0 1,061,700.00 939,097.58 7.500000 % 4,224.55
M-3 76110FKB8 690,100.00 610,409.01 7.500000 % 2,745.94
B-1 371,600.00 328,688.57 7.500000 % 1,478.61
B-2 159,300.00 140,904.44 7.500000 % 633.86
B-3 372,446.48 290,112.00 7.500000 % 1,305.08
-------------------------------------------------------------------------------
106,172,633.28 52,200,164.42 691,646.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 49,225.41 634,417.57 0.00 0.00 7,297,090.90
A-3 117,070.09 117,070.09 0.00 0.00 18,746,000.00
A-4 12,777.41 12,777.41 0.00 0.00 2,046,000.00
A-5 117,376.07 202,522.73 0.00 0.00 18,709,848.04
A-6 0.00 357.28 0.00 0.00 73,441.10
A-7-1 30,652.40 30,652.40 0.00 0.00 0.00
A-7-2 1,878.20 1,878.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 14,662.66 25,224.64 0.00 0.00 2,337,314.70
M-2 5,864.73 10,089.28 0.00 0.00 934,873.03
M-3 3,812.05 6,557.99 0.00 0.00 607,663.07
B-1 2,052.68 3,531.29 0.00 0.00 327,209.96
B-2 879.96 1,513.82 0.00 0.00 140,270.58
B-3 1,811.77 3,116.85 0.00 0.00 288,806.92
-------------------------------------------------------------------------------
358,063.43 1,049,709.55 0.00 0.00 51,508,518.30
===============================================================================
_______________________________________________________________________________
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-2 502.600463 37.313789 3.138775 40.452564 0.000000 465.286674
A-3 1000.000000 0.000000 6.245070 6.245070 0.000000 1000.000000
A-4 1000.000000 0.000000 6.245068 6.245068 0.000000 1000.000000
A-5 883.347967 4.001817 5.516570 9.518387 0.000000 879.346150
A-6 447.298693 2.165507 0.000000 2.165507 0.000000 445.133186
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-1 884.522559 3.979046 5.523907 9.502953 0.000000 880.543513
M-2 884.522539 3.979043 5.523905 9.502948 0.000000 880.543496
M-3 884.522547 3.979047 5.523910 9.502957 0.000000 880.543501
B-1 884.522524 3.979037 5.523897 9.502934 0.000000 880.543488
B-2 884.522536 3.979033 5.523917 9.502950 0.000000 880.543503
B-3 778.936077 3.504047 4.864511 8.368558 0.000000 775.432003
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:05:58 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 10,866.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,586.14
SUBSERVICER ADVANCES THIS MONTH 23,360.65
MASTER SERVICER ADVANCES THIS MONTH 330.82
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,526,842.32
(B) TWO MONTHLY PAYMENTS: 2 281,082.25
(C) THREE OR MORE MONTHLY PAYMENTS: 3 156,104.98
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 153,535.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 51,508,518.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 816
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 32,198.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 456,801.34
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.06577220 % 7.47679800 % 1.45742950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.98642690 % 7.53244498 % 1.47037290 %
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 8.56877127
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 135.76
POOL TRADING FACTOR: 48.51393124
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 24,934,336.17 3,678,997.19 7.781363 % 5,719.32
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
24,934,336.17 3,678,997.19 5,719.32
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 23,838.67 29,557.99 0.00 0.00 3,673,277.87
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
23,838.67 29,557.99 0.00 0.00 3,673,277.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 147.547429 0.229375 0.956058 1.185433 0.000000 147.318054
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:04 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 1,116.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 166.58
SUBSERVICER ADVANCES THIS MONTH 903.30
MASTER SERVICER ADVANCES THIS MONTH 761.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 110,503.96
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 3,673,277.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 28
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 104,763.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,530.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000080 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000080 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.02913100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.82
POOL TRADING FACTOR: 14.73180523
Run: 05/25/00 08:07:04 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 881.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 120.75
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 761.95
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 2,924,151.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 21
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 104,763.57
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 530.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.95347137
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.18
POOL TRADING FACTOR: 14.61060110
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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 234.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 45.83
SUBSERVICER ADVANCES THIS MONTH 903.30
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 110,503.96
(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 749,126.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 7
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,000.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32446139
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 317.50
POOL TRADING FACTOR: 15.22480412
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 3,952,527.05 8.359701 % 4,261.66
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
30,798,565.76 3,952,527.05 4,261.66
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 27,526.09 31,787.75 0.00 0.00 3,948,265.39
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
27,526.09 31,787.75 0.00 0.00 3,948,265.39
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 128.334776 0.138372 0.893746 1.032118 0.000000 128.196404
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 1,234.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 173.57
SUBSERVICER ADVANCES THIS MONTH 4,304.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 552,727.66
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 3,948,265.31
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 28
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 1,129.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000200 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000200 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 1.1980 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79621900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.82
POOL TRADING FACTOR: 12.81964018
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2 (POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 3333
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5.96
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 142,964.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 0.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.62500000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.00
POOL TRADING FACTOR: 1.24113806
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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 594.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 88.17
SUBSERVICER ADVANCES THIS MONTH 2,151.37
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 255,634.99
(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 1,900,573.17
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 12
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,129.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.60022951
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.97
POOL TRADING FACTOR: 25.60176729
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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 595.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 79.44
SUBSERVICER ADVANCES THIS MONTH 2,153.42
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 297,092.67
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,904,727.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 15
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 0.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000000 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.00681259
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.65
POOL TRADING FACTOR: 16.06534053
................................................................................
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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 5,217,416.53 7.500000 % 786,114.27
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 7,888,202.31 9.500000 % 112,302.04
A-8 76110FKP7 156,262.27 38,921.44 0.000000 % 43.92
A-9-1 0.00 0.00 0.840433 % 0.00
A-9-2 0.00 0.00 0.516220 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,445,282.46 7.750000 % 5,577.39
M-2 76110FKM4 3,827,000.00 3,683,156.03 7.750000 % 3,187.20
M-3 76110FKN2 2,870,200.00 2,762,318.93 7.750000 % 2,390.36
B-1 1,052,400.00 1,012,843.85 7.750000 % 876.46
B-2 478,400.00 460,418.55 7.750000 % 398.42
B-3 861,188.35 673,689.48 7.750000 % 0.00
-------------------------------------------------------------------------------
191,342,550.62 78,182,249.58 910,890.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 32,596.66 818,710.93 0.00 0.00 4,431,302.26
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,724.31 68,724.31 0.00 0.00 11,000,000.00
A-4 24,990.66 24,990.66 0.00 0.00 4,000,000.00
A-5 112,978.59 112,978.59 0.00 0.00 17,500,000.00
A-6 105,689.66 105,689.66 0.00 0.00 17,500,000.00
A-7 62,424.93 174,726.97 0.00 0.00 7,775,900.27
A-8 0.00 43.92 0.00 0.00 38,877.52
A-9-1 45,809.31 45,809.31 0.00 0.00 0.00
A-9-2 5,482.63 5,482.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,610.22 47,187.61 0.00 0.00 6,439,705.07
M-2 23,778.16 26,965.36 0.00 0.00 3,679,968.83
M-3 17,833.31 20,223.67 0.00 0.00 2,759,928.57
B-1 6,538.84 7,415.30 0.00 0.00 1,011,967.39
B-2 2,972.43 3,370.85 0.00 0.00 460,020.13
B-3 2,179.72 2,179.72 0.00 0.00 673,106.50
-------------------------------------------------------------------------------
553,609.43 1,464,499.49 0.00 0.00 77,270,776.54
===============================================================================
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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 63.248312 9.529697 0.395154 9.924851 0.000000 53.718615
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.247665 6.247665 0.000000 1000.000000
A-4 1000.000000 0.000000 6.247665 6.247665 0.000000 1000.000000
A-5 1000.000000 0.000000 6.455919 6.455919 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039409 6.039409 0.000000 1000.000000
A-7 359.781177 5.122100 2.847203 7.969303 0.000000 354.659077
A-8 249.077656 0.281066 0.000000 0.281066 0.000000 248.796591
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-1 962.413388 0.832819 6.213263 7.046082 0.000000 961.580569
M-2 962.413386 0.832819 6.213264 7.046083 0.000000 961.580567
M-3 962.413396 0.832820 6.213264 7.046084 0.000000 961.580576
B-1 962.413388 0.832820 6.213265 7.046085 0.000000 961.580568
B-2 962.413357 0.832818 6.213273 7.046091 0.000000 961.580539
B-3 782.278906 0.000000 2.531061 2.531061 0.000000 781.601957
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 16,197.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,110.20
SUBSERVICER ADVANCES THIS MONTH 24,762.03
MASTER SERVICER ADVANCES THIS MONTH 824.66
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,104,751.56
(B) TWO MONTHLY PAYMENTS: 4 260,559.51
(C) THREE OR MORE MONTHLY PAYMENTS: 6 477,144.77
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,229,318.63
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 77,270,776.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 859
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 101,868.40
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 843,815.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.75624670 % 16.49629900 % 2.74745390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.54599630 % 16.66814163 % 2.77747150 %
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 8.86310544
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 312.81
POOL TRADING FACTOR: 40.38347785
................................................................................
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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 2,134,344.30 10.000000 % 62,334.28
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 2,347,143.27 7.250000 % 623,342.78
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 5,418,899.35 7.500000 % 201,528.56
A-9 76110FLC5 5,000,001.00 5,000,001.00 7.375000 % 0.00
A-10 76110FLD3 54,507,000.00 54,507,000.00 7.500000 % 0.00
A-11 76110FLE1 26,409.16 4,641.71 0.000000 % 5.69
A-12-1 0.00 0.00 0.945931 % 0.00
A-12-2 0.00 0.00 0.661933 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,429,216.82 7.500000 % 10,537.13
M-2 76110FLJ0 4,361,000.00 4,245,683.97 7.500000 % 6,021.81
M-3 76110FLK7 3,270,500.00 3,184,019.63 7.500000 % 4,516.01
B-1 1,199,000.00 1,167,295.35 7.500000 % 1,655.62
B-2 545,000.00 530,588.83 7.500000 % 752.55
B-3 981,461.72 782,520.86 7.500000 % 1,109.88
-------------------------------------------------------------------------------
218,029,470.88 103,247,663.09 911,804.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 17,780.59 80,114.87 0.00 0.00 2,072,010.02
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 14,176.19 637,518.97 0.00 0.00 1,723,800.49
A-7 99,633.76 99,633.76 0.00 0.00 16,496,308.00
A-8 33,857.44 235,386.00 0.00 0.00 5,217,370.79
A-9 30,719.48 30,719.48 0.00 0.00 5,000,001.00
A-10 340,561.31 340,561.31 0.00 0.00 54,507,000.00
A-11 0.00 5.69 0.00 0.00 4,636.02
A-12-1 63,135.15 63,135.15 0.00 0.00 0.00
A-12-2 12,754.56 12,754.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,417.97 56,955.10 0.00 0.00 7,418,679.69
M-2 26,527.15 32,548.96 0.00 0.00 4,239,662.16
M-3 19,893.84 24,409.85 0.00 0.00 3,179,503.62
B-1 7,293.30 8,948.92 0.00 0.00 1,165,639.73
B-2 3,315.13 4,067.68 0.00 0.00 529,836.28
B-3 4,889.22 5,999.10 0.00 0.00 774,359.56
-------------------------------------------------------------------------------
720,955.09 1,632,759.40 0.00 0.00 102,328,807.36
===============================================================================
Run: 05/25/00 08:06:00
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-3 130.774891 3.819327 1.089447 4.908774 0.000000 126.955564
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-6 371.188437 98.578402 2.241890 100.820292 0.000000 272.610036
A-7 1000.000000 0.000000 6.039761 6.039761 0.000000 1000.000000
A-8 208.434951 7.751684 1.302308 9.053992 0.000000 200.683267
A-9 1000.000000 0.000000 6.143895 6.143895 0.000000 1000.000000
A-10 1000.000000 0.000000 6.248029 6.248029 0.000000 1000.000000
A-11 175.761365 0.215456 0.000000 0.215456 0.000000 175.545909
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-1 973.557439 1.380832 6.082816 7.463648 0.000000 972.176607
M-2 973.557434 1.380832 6.082814 7.463646 0.000000 972.176602
M-3 973.557447 1.380832 6.082813 7.463645 0.000000 972.176615
B-1 973.557423 1.380834 6.082819 7.463653 0.000000 972.176589
B-2 973.557486 1.380826 6.082807 7.463633 0.000000 972.176661
B-3 797.301458 1.130844 4.981570 6.112414 0.000000 788.986000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:01 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 21,398.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,709.61
SUBSERVICER ADVANCES THIS MONTH 38,272.02
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,986,843.20
(B) TWO MONTHLY PAYMENTS: 4 482,805.17
(C) THREE OR MORE MONTHLY PAYMENTS: 4 1,066,808.92
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 325,420.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 102,328,807.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,038
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 730,431.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 53,442.83
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.20532930 % 14.39217900 % 2.40249170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.08544230 % 14.50016457 % 2.41373620 %
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 8.71064659
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 315.58
POOL TRADING FACTOR: 46.93347507
................................................................................
Run: 05/25/00 08:06:02 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 1,809,497.84 10.000000 % 297,754.01
A-4 76110FLP6 38,010,000.00 0.00 6.750000 % 0.00
A-5 76110FLQ4 17,163,462.00 9,952,238.40 6.750000 % 1,637,647.12
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 1.032442 % 0.00
A-9-2 0.00 0.00 0.729472 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,917,637.13 7.250000 % 6,805.07
M-2 76110FLX9 5,420,000.00 5,278,424.71 7.250000 % 4,536.71
M-3 76110FLY7 4,065,000.00 3,958,818.54 7.250000 % 3,402.53
B-1 1,490,500.00 1,451,566.76 7.250000 % 1,247.60
B-2 677,500.00 659,803.10 7.250000 % 567.09
B-3 1,219,925.82 1,105,546.43 7.250000 % 950.21
-------------------------------------------------------------------------------
271,005,025.82 132,820,532.91 1,952,910.34
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 15,075.02 312,829.03 0.00 0.00 1,511,743.83
A-4 0.00 0.00 0.00 0.00 0.00
A-5 55,966.01 1,693,613.13 0.00 0.00 8,314,591.28
A-6 181,061.45 181,061.45 0.00 0.00 29,977,000.00
A-7 97,032.81 97,032.81 0.00 0.00 16,065,000.00
A-8 330,056.49 330,056.49 0.00 0.00 54,645,000.00
A-9-1 97,551.52 97,551.52 0.00 0.00 0.00
A-9-2 11,793.58 11,793.58 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 47,822.62 54,627.69 0.00 0.00 7,910,832.06
M-2 31,881.75 36,418.46 0.00 0.00 5,273,888.00
M-3 23,911.31 27,313.84 0.00 0.00 3,955,416.01
B-1 8,767.48 10,015.08 0.00 0.00 1,450,319.16
B-2 3,985.22 4,552.31 0.00 0.00 659,236.01
B-3 6,677.51 7,627.72 0.00 0.00 1,104,596.22
-------------------------------------------------------------------------------
911,582.77 2,864,493.11 0.00 0.00 130,867,622.57
===============================================================================
Run: 05/25/00 08:06:02
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 78.771297 12.961867 0.656248 13.618115 0.000000 65.809430
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 579.850289 95.414732 3.260765 98.675497 0.000000 484.435557
A-6 1000.000000 0.000000 6.040012 6.040012 0.000000 1000.000000
A-7 1000.000000 0.000000 6.040013 6.040013 0.000000 1000.000000
A-8 1000.000000 0.000000 6.040013 6.040013 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-1 973.879106 0.837032 5.882241 6.719273 0.000000 973.042074
M-2 973.879098 0.837031 5.882242 6.719273 0.000000 973.042066
M-3 973.879100 0.837031 5.882241 6.719272 0.000000 973.042069
B-1 973.879074 0.837035 5.882241 6.719276 0.000000 973.042040
B-2 973.879114 0.837033 5.882244 6.719277 0.000000 973.042081
B-3 906.240701 0.778900 5.473702 6.252602 0.000000 905.461797
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:03 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 30,222.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,125.08
SUBSERVICER ADVANCES THIS MONTH 36,399.10
MASTER SERVICER ADVANCES THIS MONTH 3,358.06
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 39 3,696,764.75
(B) TWO MONTHLY PAYMENTS: 3 250,670.45
(C) THREE OR MORE MONTHLY PAYMENTS: 6 701,794.95
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 73,477.33
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 130,867,622.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,414
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 438,383.81
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,838,753.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 84.66216310 % 12.91583500 % 2.42200230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 84.44665910 % 13.09730836 % 2.45603250 %
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 8.59358074
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.91
POOL TRADING FACTOR: 48.28974008
................................................................................
Run: 05/25/00 08:06:03 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FMN0 199,969,492.00 48,772,268.81 7.250000 % 1,445,242.39
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 76110FMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 76110FMR1 64,916,508.00 62,848,137.37 7.250000 % 54,537.84
A-5 76110FMS9 76,250.57 57,170.71 0.000000 % 66.48
A-6-1 0.00 0.00 1.001597 % 0.00
A-6-2 0.00 0.00 0.678419 % 0.00
R 76110FMU4 100.00 0.00 7.250000 % 0.00
M-1 76110FMV2 10,602,000.00 10,304,059.61 7.250000 % 8,941.57
M-2 76110FMW0 6,524,000.00 6,340,660.73 7.250000 % 5,502.25
M-3 76110FMX8 4,893,000.00 4,755,495.52 7.250000 % 4,126.69
B-1 76110FMY6 1,794,000.00 1,743,584.50 7.250000 % 1,513.03
B-2 76110FMZ3 816,000.00 793,068.53 7.250000 % 688.20
B-3 76110FNA7 1,468,094.11 1,292,338.79 7.250000 % 1,076.43
-------------------------------------------------------------------------------
326,202,444.68 172,049,784.57 1,521,694.88
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 294,584.45 1,739,826.84 0.00 0.00 47,327,026.42
A-2 60,399.99 60,399.99 0.00 0.00 10,000,000.00
A-3 151,863.70 151,863.70 0.00 0.00 25,143,000.00
A-4 379,602.69 434,140.53 0.00 0.00 62,793,599.53
A-5 0.00 66.48 0.00 0.00 57,104.23
A-6-1 114,192.28 114,192.28 0.00 0.00 0.00
A-6-2 19,894.68 19,894.68 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,236.51 71,178.08 0.00 0.00 10,295,118.04
M-2 38,297.59 43,799.84 0.00 0.00 6,335,158.48
M-3 28,723.19 32,849.88 0.00 0.00 4,751,368.83
B-1 10,531.25 12,044.28 0.00 0.00 1,742,071.47
B-2 4,790.14 5,478.34 0.00 0.00 792,380.33
B-3 7,805.72 8,882.15 0.00 0.00 1,291,217.34
-------------------------------------------------------------------------------
1,172,922.19 2,694,617.07 0.00 0.00 170,528,044.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 243.898548 7.227314 1.473147 8.700461 0.000000 236.671234
A-2 1000.000000 0.000000 6.039999 6.039999 0.000000 1000.000000
A-3 1000.000000 0.000000 6.039999 6.039999 0.000000 1000.000000
A-4 968.137987 0.840123 5.847553 6.687676 0.000000 967.297864
A-5 749.774198 0.871862 0.000000 0.871862 0.000000 748.902336
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-1 971.897718 0.843385 5.870261 6.713646 0.000000 971.054333
M-2 971.897721 0.843386 5.870262 6.713648 0.000000 971.054335
M-3 971.897715 0.843386 5.870262 6.713648 0.000000 971.054329
B-1 971.897715 0.843384 5.870262 6.713646 0.000000 971.054331
B-2 971.897708 0.843382 5.870270 6.713652 0.000000 971.054326
B-3 880.283342 0.733216 5.316907 6.050123 0.000000 879.519461
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:03 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 35,730.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,866.96
SUBSERVICER ADVANCES THIS MONTH 46,198.63
MASTER SERVICER ADVANCES THIS MONTH 3,741.75
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,563,270.57
(B) TWO MONTHLY PAYMENTS: 4 274,254.69
(C) THREE OR MORE MONTHLY PAYMENTS: 8 505,378.46
FORECLOSURES
NUMBER OF LOANS 11
AGGREGATE PRINCIPAL BALANCE 1,609,029.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 170,528,044.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,700
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 481,381.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,372,432.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.33122610 % 12.44252000 % 2.22625360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.21313110 % 12.53849207 % 2.24417670 %
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 8.51255269
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.50
POOL TRADING FACTOR: 52.27675250
................................................................................
Run: 05/25/00 08:06:03 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FLZ4 99,650,000.00 53,878,072.14 7.000000 % 791,064.40
A-2 76110FMD2 43,142.76 22,811.49 0.000000 % 190.54
A-3-1 0.00 0.00 1.082503 % 0.00
A-3-2 0.00 0.00 0.628316 % 0.00
R 76110FMF7 100.00 0.00 7.000000 % 0.00
M-1 76110FMG5 3,043,000.00 2,727,895.54 7.000000 % 11,959.29
M-2 76110FMH3 892,000.00 799,632.84 7.000000 % 3,505.65
M-3 76110FMJ9 419,700.00 376,239.82 7.000000 % 1,649.46
B-1 76110FMK6 367,000.00 328,996.93 7.000000 % 1,442.35
B-2 76110FML4 262,400.00 235,228.30 7.000000 % 1,031.26
B-3 76110FMM2 263,388.53 236,114.49 7.000000 % 1,035.15
-------------------------------------------------------------------------------
104,940,731.29 58,604,991.55 811,878.10
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 313,999.36 1,105,063.76 0.00 0.00 53,087,007.74
A-2 0.00 190.54 0.00 0.00 22,620.95
A-3-1 41,544.49 41,544.49 0.00 0.00 0.00
A-3-2 6,543.50 6,543.50 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 15,898.07 27,857.36 0.00 0.00 2,715,936.25
M-2 4,660.22 8,165.87 0.00 0.00 796,127.19
M-3 2,192.71 3,842.17 0.00 0.00 374,590.36
B-1 1,917.38 3,359.73 0.00 0.00 327,554.58
B-2 1,370.91 2,402.17 0.00 0.00 234,197.04
B-3 1,376.06 2,411.21 0.00 0.00 235,079.34
-------------------------------------------------------------------------------
389,502.70 1,201,380.80 0.00 0.00 57,793,113.45
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 540.673077 7.938428 3.151022 11.089450 0.000000 532.734649
A-2 528.744336 4.416500 0.000000 4.416500 0.000000 524.327836
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-1 896.449405 3.930099 5.224473 9.154572 0.000000 892.519307
M-2 896.449372 3.930101 5.224462 9.154563 0.000000 892.519271
M-3 896.449416 3.930093 5.224470 9.154563 0.000000 892.519323
B-1 896.449401 3.930109 5.224469 9.154578 0.000000 892.519292
B-2 896.449314 3.930107 5.224505 9.154612 0.000000 892.519207
B-3 896.449401 3.930088 5.224449 9.154537 0.000000 892.519276
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:03 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 12,173.57
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,834.88
SUBSERVICER ADVANCES THIS MONTH 19,620.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,663,418.82
(B) TWO MONTHLY PAYMENTS: 1 100,885.66
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 37,980.96
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 57,793,113.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 744
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 554,885.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.97007020 % 6.66374700 % 1.36618290 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.89294650 % 6.72511579 % 1.37930440 %
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 8.30866393
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 140.22
POOL TRADING FACTOR: 55.07214667
................................................................................
Run: 05/25/00 08:06:06 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 4,953,611.44 9.000000 % 375,947.92
A-3 76110FND1 62,824,125.00 0.00 7.000000 % 0.00
A-4 76110FNE9 24,294,118.00 23,116,855.36 6.875000 % 1,754,423.79
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 57,572,756.26 7.250000 % 69,984.19
A-8-1 0.00 0.00 0.929457 % 0.00
A-8-2 0.00 0.00 0.726719 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,174,533.40 7.250000 % 8,793.42
M-2 76110FNL3 4,471,600.00 4,360,570.06 7.250000 % 3,768.66
M-3 76110FNM1 4,471,500.00 4,360,472.54 7.250000 % 3,768.57
B-1 76110FNN9 1,639,600.00 1,600,044.20 7.250000 % 1,382.85
B-2 76110FNP4 745,200.00 727,754.67 7.250000 % 628.97
B-3 76110FNQ2 1,341,561.05 1,038,450.33 7.250000 % 897.48
-------------------------------------------------------------------------------
298,104,002.05 156,488,089.26 2,219,595.85
===============================================================================
_______________________________________________________________________________
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 37,133.06 413,080.98 0.00 0.00 4,577,663.52
A-3 0.00 0.00 0.00 0.00 0.00
A-4 132,372.47 1,886,796.26 0.00 0.00 21,362,431.57
A-5 157,002.86 157,002.86 0.00 0.00 26,000,000.00
A-6 136,369.32 136,369.32 0.00 0.00 22,583,041.00
A-7 347,657.21 417,641.40 0.00 0.00 57,502,772.07
A-8-1 101,422.52 101,422.52 0.00 0.00 0.00
A-8-2 15,420.80 15,420.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,439.65 70,233.07 0.00 0.00 10,165,739.98
M-2 26,331.61 30,100.27 0.00 0.00 4,356,801.40
M-3 26,331.02 30,099.59 0.00 0.00 4,356,703.97
B-1 9,661.98 11,044.83 0.00 0.00 1,598,661.35
B-2 4,394.60 5,023.57 0.00 0.00 727,125.70
B-3 6,270.76 7,168.24 0.00 0.00 982,659.54
-------------------------------------------------------------------------------
1,061,807.86 3,281,403.71 0.00 0.00 154,213,600.10
===============================================================================
Run: 05/25/00 08:06:06
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-2 221.086547 16.779077 1.657300 18.436377 0.000000 204.307470
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 951.541248 72.215990 5.448746 77.664736 0.000000 879.325258
A-5 1000.000000 0.000000 6.038572 6.038572 0.000000 1000.000000
A-6 1000.000000 0.000000 6.038572 6.038572 0.000000 1000.000000
A-7 970.565087 1.179798 5.860827 7.040625 0.000000 969.385289
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-1 975.169970 0.842798 5.888634 6.731432 0.000000 974.327172
M-2 975.169975 0.842799 5.888633 6.731432 0.000000 974.327176
M-3 975.169974 0.842798 5.888632 6.731430 0.000000 974.327177
B-1 975.874726 0.843407 5.892889 6.736296 0.000000 975.031319
B-2 976.589734 0.844028 5.897209 6.741237 0.000000 975.745706
B-3 774.061180 0.668982 4.674226 5.343208 0.000000 732.474712
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:06 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 32,217.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,045.22
SUBSERVICER ADVANCES THIS MONTH 28,045.79
MASTER SERVICER ADVANCES THIS MONTH 7,127.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,727,184.12
(B) TWO MONTHLY PAYMENTS: 2 119,285.64
(C) THREE OR MORE MONTHLY PAYMENTS: 1 208,285.19
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 626,431.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 154,213,600.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,606
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 7
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 971,073.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,037,193.38
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.77410890 % 12.07476900 % 2.15112170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.61236370 % 12.24227003 % 2.14536630 %
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 8.47467787
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.67
POOL TRADING FACTOR: 51.73147594
................................................................................
Run: 05/25/00 08:04:49 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR3(POOL # 3359)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3359
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 25,117,531.34 4,571,807.18 7.689688 % 9,296.35
R 0.00 0.00 0.000000 % 0.00
-------------------------------------------------------------------------------
25,117,531.34 4,571,807.18 9,296.35
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 29,262.36 38,558.71 0.00 0.00 4,562,510.83
R 0.00 0.00 0.00 0.00 0.00
-------------------------------------------------------------------------------
29,262.36 38,558.71 0.00 0.00 4,562,510.83
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 182.016581 0.370114 1.165017 1.535131 0.000000 181.646467
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:04:49 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 1,413.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 222.76
SUBSERVICER ADVANCES THIS MONTH 1,159.08
MASTER SERVICER ADVANCES THIS MONTH 314.72
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 157,960.79
(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 4,562,510.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 39
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 43,823.19
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 5,159.95
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 8.14718641
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.63
POOL TRADING FACTOR: 18.16464671
................................................................................
Run: 05/25/00 08:06:08 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 12,595,515.16 7.250000 % 149,697.47
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 22,020,648.47 7.250000 % 392,217.04
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 61,376,990.67 7.250000 % 53,254.93
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 33,522,728.27 7.000000 % 398,417.02
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 54,170,052.33 0.000000 % 376,707.49
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 7.078000 % 0.00
A-14 76110FPF4 0.00 0.00 7.422000 % 0.00
A-15 76110FPG2 26,249,000.00 10,496,195.96 7.000000 % 124,747.10
A-16 76110FPH0 2,386,273.00 954,199.76 10.000000 % 11,340.65
A-17 76110FPJ6 139,012.74 125,240.62 0.000000 % 144.99
A-18-1 0.00 0.00 0.902600 % 0.00
A-18-2 0.00 0.00 0.601804 % 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 15,868,970.73 7.250000 % 13,769.02
M-2 76110FPP2 5,422,000.00 5,289,331.73 7.250000 % 4,589.39
M-3 76110FPQ0 6,507,000.00 6,347,783.41 7.250000 % 5,507.78
B-1 76110FPR8 2,386,000.00 2,327,618.13 7.250000 % 2,019.60
B-2 76110FPS6 1,085,000.00 1,058,451.66 7.250000 % 918.39
B-3 76110FPT4 1,952,210.06 1,754,984.83 7.250000 % 1,522.73
-------------------------------------------------------------------------------
433,792,422.80 249,388,126.73 1,534,853.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 76,073.51 225,770.98 0.00 0.00 12,445,817.69
A-2 0.00 0.00 0.00 0.00 0.00
A-3 132,998.77 525,215.81 0.00 0.00 21,628,431.43
A-4 40,737.98 40,737.98 0.00 0.00 6,745,000.00
A-5 25,580.77 25,580.77 0.00 0.00 4,235,415.00
A-6 63,411.13 63,411.13 0.00 0.00 10,499,000.00
A-7 370,700.46 423,955.39 0.00 0.00 61,323,735.74
A-8 0.00 0.00 0.00 0.00 0.00
A-9 195,486.57 593,903.59 0.00 0.00 33,124,311.25
A-10 6,981.66 6,981.66 0.00 0.00 0.00
A-11 0.00 376,707.49 0.00 0.00 53,793,344.84
A-12 163,586.25 163,586.25 0.00 0.00 0.00
A-13 79,852.66 79,852.66 0.00 0.00 0.00
A-14 83,733.59 83,733.59 0.00 0.00 0.00
A-15 61,208.18 185,955.28 0.00 0.00 10,371,448.86
A-16 7,949.11 19,289.76 0.00 0.00 942,859.11
A-17 0.00 144.99 0.00 0.00 125,095.63
A-18-1 143,725.39 143,725.39 0.00 0.00 0.00
A-18-2 29,200.67 29,200.67 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 95,844.30 109,613.32 0.00 0.00 15,855,201.71
M-2 31,946.14 36,535.53 0.00 0.00 5,284,742.34
M-3 38,338.90 43,846.68 0.00 0.00 6,342,275.63
B-1 14,058.18 16,077.78 0.00 0.00 2,325,598.53
B-2 6,392.76 7,311.15 0.00 0.00 1,057,533.27
B-3 10,599.63 12,122.36 0.00 0.00 1,753,462.10
-------------------------------------------------------------------------------
1,678,406.61 3,213,260.21 0.00 0.00 247,853,273.13
===============================================================================
Run: 05/25/00 08:06:08
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-1 399.870318 4.752452 2.415109 7.167561 0.000000 395.117867
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 539.735005 9.613398 3.259854 12.873252 0.000000 530.121607
A-4 1000.000000 0.000000 6.039730 6.039730 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039732 6.039732 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039730 6.039730 0.000000 1000.000000
A-7 974.253411 0.845330 5.884228 6.729558 0.000000 973.408082
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 490.535833 5.830010 2.860542 8.690552 0.000000 484.705823
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 541.493066 3.765632 0.000000 3.765632 0.000000 537.727434
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-15 399.870317 4.752452 2.331829 7.084281 0.000000 395.117866
A-16 399.870325 4.752452 3.331182 8.083634 0.000000 395.117874
A-17 900.929080 1.042998 0.000000 1.042998 0.000000 899.886082
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-1 975.531489 0.846439 5.891947 6.738386 0.000000 974.685050
M-2 975.531488 0.846439 5.891948 6.738387 0.000000 974.685050
M-3 975.531491 0.846439 5.891947 6.738386 0.000000 974.685052
B-1 975.531488 0.846438 5.891945 6.738383 0.000000 974.685050
B-2 975.531484 0.846442 5.891945 6.738387 0.000000 974.685042
B-3 898.973356 0.780008 5.429554 6.209562 0.000000 898.193351
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:08 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 51,765.28
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,196.55
SUBSERVICER ADVANCES THIS MONTH 40,348.42
MASTER SERVICER ADVANCES THIS MONTH 1,437.83
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,347,995.21
(B) TWO MONTHLY PAYMENTS: 3 264,536.90
(C) THREE OR MORE MONTHLY PAYMENTS: 9 870,182.58
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 757,139.40
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 247,853,273.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,342
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 202,881.43
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,318,450.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.90252650 % 11.03497000 % 2.06250300 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.83282060 % 11.08810036 % 2.07347990 %
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 8.35922483
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.76
POOL TRADING FACTOR: 57.13637678
................................................................................
Run: 05/25/00 08:06:10 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1(POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4281
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FPU1 64,326,000.00 667,238.32 7.000000 % 667,238.32
A-2 76110FPV9 117,395,000.00 47,752,935.24 7.000000 % 1,259,476.70
A-3 76110FPW7 51,380,000.00 51,380,000.00 7.000000 % 484,030.35
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 1.118510 % 0.00
A-6-2 0.00 0.00 0.916510 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,104,224.80 7.000000 % 9,619.95
M-2 76110FQD8 4,054,000.00 3,968,856.63 7.000000 % 3,438.35
M-3 76110FQE6 4,865,000.00 4,773,904.13 7.000000 % 4,135.79
B-1 76110FQF3 1,783,800.00 1,754,108.81 7.000000 % 1,519.64
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 692.49
B-3 76110FQH9 1,459,579.11 1,287,744.70 7.000000 % 0.00
-------------------------------------------------------------------------------
324,327,779.11 190,390,342.61 2,430,151.59
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 3,890.39 671,128.71 0.00 0.00 0.00
A-2 278,427.56 1,537,904.26 0.00 0.00 46,493,458.54
A-3 299,575.47 783,605.82 0.00 0.00 50,895,969.65
A-4 10,856.55 10,856.55 0.00 0.00 1,862,000.00
A-5 379,221.26 379,221.26 0.00 0.00 65,040,000.00
A-6-1 138,463.90 138,463.90 0.00 0.00 0.00
A-6-2 31,886.00 31,886.00 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 64,744.12 74,364.07 0.00 0.00 11,094,604.85
M-2 23,140.75 26,579.10 0.00 0.00 3,965,418.28
M-3 27,834.65 31,970.44 0.00 0.00 4,769,768.34
B-1 10,227.48 11,747.12 0.00 0.00 1,752,589.17
B-2 10,925.86 11,618.35 0.00 0.00 798,637.49
B-3 2,358.65 2,358.65 0.00 0.00 1,286,629.08
-------------------------------------------------------------------------------
1,281,552.64 3,711,704.23 0.00 0.00 187,959,075.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 10.372762 10.372762 0.060479 10.433241 0.000000 0.000000
A-2 406.771457 10.728538 2.371716 13.100254 0.000000 396.042920
A-3 1000.000000 9.420598 5.830585 15.251183 0.000000 990.579402
A-4 1000.000000 0.000000 5.830585 5.830585 0.000000 1000.000000
A-5 1000.000000 0.000000 5.830585 5.830585 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-1 978.216518 0.847461 5.703574 6.551035 0.000000 977.369057
M-2 978.997689 0.848138 5.708128 6.556266 0.000000 978.149551
M-3 981.275258 0.850111 5.721408 6.571519 0.000000 980.425147
B-1 983.355090 0.851912 5.733535 6.585447 0.000000 982.503179
B-2 985.853453 0.854082 13.475407 14.329489 0.000000 984.999371
B-3 882.271260 0.000000 1.615980 1.615980 0.000000 881.506916
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:10 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS1 (POOL # 4281)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4281
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 39,499.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 49,871.71
MASTER SERVICER ADVANCES THIS MONTH 2,220.20
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,271,624.33
(B) TWO MONTHLY PAYMENTS: 3 630,796.57
(C) THREE OR MORE MONTHLY PAYMENTS: 11 829,066.42
FORECLOSURES
NUMBER OF LOANS 17
AGGREGATE PRINCIPAL BALANCE 1,699,403.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 187,959,075.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,771
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 293,556.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,266,325.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.55810370 % 10.42436600 % 2.01753060 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.40808490 % 10.55005800 % 2.04185710 %
BANKRUPTCY AMOUNT AVAILABLE 101,905.00
FRAUD AMOUNT AVAILABLE 1,950,206.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,950,206.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.35079570
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.30
POOL TRADING FACTOR: 57.95343091
................................................................................
Run: 05/25/00 08:06:11 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FQJ5 20,000,000.00 5,689,979.89 6.750000 % 343,710.96
A-2 76110FQK2 158,282,400.00 45,031,183.55 6.500000 % 2,720,169.78
A-3 76110FQL0 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 16,603,426.37 6.744500 % 535,271.39
A-5 76110FQN6 0.00 0.00 2.281275 % 0.00
A-6 76110FQP1 13,504,750.00 5,688,617.02 6.644500 % 187,734.93
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 117,135.41 0.000000 % 155.55
A-9-1 0.00 0.00 1.043184 % 0.00
A-9-2 0.00 0.00 0.723690 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 16,953,589.50 7.000000 % 19,093.39
M-2 76110FQW6 5,422,000.00 5,297,874.58 7.000000 % 5,966.55
M-3 76110FQX4 5,422,000.00 5,297,874.58 7.000000 % 5,966.55
B-1 76110FQY2 2,385,700.00 2,331,084.39 7.000000 % 2,625.30
B-2 76110FQZ9 1,084,400.00 1,059,574.93 7.000000 % 1,193.31
B-3 76110FRA3 1,952,351.82 1,695,303.68 7.000000 % 1,909.28
-------------------------------------------------------------------------------
433,770,084.51 275,103,543.90 3,823,796.99
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 31,992.54 375,703.50 0.00 0.00 5,346,268.93
A-2 243,815.25 2,963,985.03 0.00 0.00 42,311,013.77
A-3 464,337.58 464,337.58 0.00 0.00 82,584,000.00
A-4 93,278.51 628,549.90 0.00 0.00 16,068,154.98
A-5 42,360.56 42,360.56 0.00 0.00 0.00
A-6 31,484.96 219,219.89 0.00 0.00 5,500,882.09
A-7 505,849.35 505,849.35 0.00 0.00 86,753,900.00
A-8 0.00 155.55 0.00 0.00 116,979.86
A-9-1 176,265.16 176,265.16 0.00 0.00 0.00
A-9-2 43,556.78 43,556.78 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 98,853.91 117,947.30 0.00 0.00 16,934,496.11
M-2 30,891.14 36,857.69 0.00 0.00 5,291,908.03
M-3 30,891.14 36,857.69 0.00 0.00 5,291,908.03
B-1 13,592.21 16,217.51 0.00 0.00 2,328,459.09
B-2 6,178.22 7,371.53 0.00 0.00 1,058,381.62
B-3 9,885.07 11,794.35 0.00 0.00 1,690,752.92
-------------------------------------------------------------------------------
1,823,232.38 5,647,029.37 0.00 0.00 271,277,105.43
===============================================================================
Run: 05/25/00 08:06:11
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2(POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4284
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 284.498995 17.185548 1.599627 18.785175 0.000000 267.313447
A-2 284.498994 17.185548 1.540381 18.725929 0.000000 267.313446
A-3 1000.000000 0.000000 5.622609 5.622609 0.000000 1000.000000
A-4 426.945676 13.764135 2.398593 16.162728 0.000000 413.181541
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 421.230828 13.901400 2.331399 16.232799 0.000000 407.329428
A-7 1000.000000 0.000000 5.830854 5.830854 0.000000 1000.000000
A-8 844.324506 1.121221 0.000000 1.121221 0.000000 843.203285
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-1 977.107079 1.100433 5.697369 6.797802 0.000000 976.006646
M-2 977.107079 1.100433 5.697370 6.797803 0.000000 976.006645
M-3 977.107079 1.100433 5.697370 6.797803 0.000000 976.006645
B-1 977.107092 1.100432 5.697368 6.797800 0.000000 976.006661
B-2 977.107091 1.100433 5.697363 6.797796 0.000000 976.006658
B-3 868.339232 0.977938 5.063160 6.041098 0.000000 866.008320
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:11 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS2 (POOL # 4284)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4284
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,868.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 70,589.44
MASTER SERVICER ADVANCES THIS MONTH 1,780.43
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 4,949,631.26
(B) TWO MONTHLY PAYMENTS: 4 502,921.80
(C) THREE OR MORE MONTHLY PAYMENTS: 15 1,795,841.84
FORECLOSURES
NUMBER OF LOANS 18
AGGREGATE PRINCIPAL BALANCE 2,112,057.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 271,277,105.44
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,462
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 232,794.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,494,338.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 57,455.76
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.13203100 % 10.01843600 % 1.84953250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.97909330 % 10.14398621 % 1.87254440 %
BANKRUPTCY AMOUNT AVAILABLE 110,151.00
FRAUD AMOUNT AVAILABLE 2,788,933.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,788,933.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.23548935
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.77
POOL TRADING FACTOR: 62.53937630
................................................................................
Run: 05/25/00 08:07:06 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 78,905,872.67 6.500000 % 1,480,135.34
A-2 76110FRC9 34,880,737.00 17,157,834.57 6.500000 % 176,926.96
A-3-1 0.00 0.00 1.236796 % 0.00
A-3-2 0.00 0.00 0.992518 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,582,882.98 6.500000 % 14,677.85
M-2 76110FRG0 785,100.00 716,302.91 6.500000 % 2,934.45
M-3 76110FRH8 707,000.00 645,046.68 6.500000 % 2,642.54
B-1 76110FRJ4 471,200.00 429,909.46 6.500000 % 1,761.19
B-2 76110FRK1 314,000.00 286,484.66 6.500000 % 1,173.63
B-3 76110FRL9 471,435.62 396,308.05 6.500000 % 1,623.53
-------------------------------------------------------------------------------
157,074,535.62 102,120,641.98 1,681,875.49
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 426,758.31 1,906,893.65 0.00 0.00 77,425,737.33
A-2 92,797.26 269,724.22 0.00 0.00 16,980,907.61
A-3-1 84,189.44 84,189.44 0.00 0.00 0.00
A-3-2 16,774.40 16,774.40 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,377.83 34,055.68 0.00 0.00 3,568,205.13
M-2 3,874.08 6,808.53 0.00 0.00 713,368.46
M-3 3,488.70 6,131.24 0.00 0.00 642,404.14
B-1 2,325.15 4,086.34 0.00 0.00 428,148.27
B-2 1,549.44 2,723.07 0.00 0.00 285,311.03
B-3 2,143.41 3,766.94 0.00 0.00 394,684.52
-------------------------------------------------------------------------------
653,278.02 2,335,153.51 0.00 0.00 100,438,766.49
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 683.061496 12.813032 3.694303 16.507335 0.000000 670.248465
A-2 491.900001 5.072340 2.660416 7.732756 0.000000 486.827661
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-1 912.371525 3.737675 4.934512 8.672187 0.000000 908.633850
M-2 912.371558 3.737677 4.934505 8.672182 0.000000 908.633881
M-3 912.371542 3.737680 4.934512 8.672192 0.000000 908.633861
B-1 912.371520 3.737670 4.934529 8.672199 0.000000 908.633850
B-2 912.371529 3.737675 4.934522 8.672197 0.000000 908.633854
B-3 840.640871 3.443800 4.546559 7.990359 0.000000 837.197071
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:07 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 21,148.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 942.20
SUBSERVICER ADVANCES THIS MONTH 14,985.83
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,147,926.66
(B) TWO MONTHLY PAYMENTS: 1 273,661.12
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 17,662.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,438,766.49
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,190
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 1,263,522.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.06884380 % 4.84156000 % 1.08959570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.99422980 % 4.90246735 % 1.10330290 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96957100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 144.96
POOL TRADING FACTOR: 63.94337955
Run: 05/25/00 08:07:07 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 17,310.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 9,858.34
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 924,034.66
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 17,662.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 82,103,517.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,124
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 1,160,897.36
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.38074610 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.61032940 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.01153751
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 145.25
POOL TRADING FACTOR: 68.05349783
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 3,838.21
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 942.20
SUBSERVICER ADVANCES THIS MONTH 5,127.49
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 223,892.00
(B) TWO MONTHLY PAYMENTS: 1 273,661.12
(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 18,335,248.78
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 66
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 102,624.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.66060240 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.70511130 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,040,322.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,158,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.78164619
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 143.68
POOL TRADING FACTOR: 50.33148516
................................................................................
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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 51,317,134.07 6.500000 % 2,039,265.98
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 20,295,838.50 6.644500 % 509,816.50
A-I-4 76110FRQ8 0.00 0.00 2.355500 % 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 50,658,281.06 7.000000 % 1,069,961.64
A-V-1 0.00 0.00 0.880602 % 0.00
A-V-2 0.00 0.00 0.627273 % 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 13,890,210.31 7.000000 % 11,871.09
M-2 76110FRY1 5,067,800.00 4,960,733.45 7.000000 % 4,239.63
M-3 76110FRZ8 5,067,800.00 4,960,733.45 7.000000 % 4,239.63
B-1 76110FSA2 2,230,000.00 2,182,887.14 7.000000 % 1,865.58
B-2 76110FSB0 1,216,400.00 1,190,701.33 7.000000 % 1,017.62
B-3 76110FSC8 1,621,792.30 1,174,710.32 7.000000 % 1,003.94
-------------------------------------------------------------------------------
405,421,992.30 275,231,674.63 3,643,281.61
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 277,858.01 2,317,123.99 0.00 0.00 49,277,868.09
A-I-2 335,862.28 335,862.28 0.00 0.00 59,732,445.00
A-I-3 112,335.36 622,151.86 0.00 0.00 19,786,022.00
A-I-4 39,823.30 39,823.30 0.00 0.00 0.00
A-I-5 378,247.20 378,247.20 0.00 0.00 64,868,000.00
A-II 295,434.97 1,365,396.61 0.00 0.00 49,588,319.42
A-V-1 161,173.33 161,173.33 0.00 0.00 0.00
A-V-2 29,008.90 29,008.90 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 80,992.47 92,863.56 0.00 0.00 13,878,339.22
M-2 28,925.55 33,165.18 0.00 0.00 4,956,493.82
M-3 28,925.55 33,165.18 0.00 0.00 4,956,493.82
B-1 12,728.20 14,593.78 0.00 0.00 2,181,021.56
B-2 6,942.87 7,960.49 0.00 0.00 1,189,683.71
B-3 6,849.62 7,853.56 0.00 0.00 1,173,706.38
-------------------------------------------------------------------------------
1,795,107.61 5,438,389.22 0.00 0.00 271,588,393.02
===============================================================================
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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-1 380.108899 15.104958 2.058110 17.163068 0.000000 365.003941
A-I-2 1000.000000 0.000000 5.622778 5.622778 0.000000 1000.000000
A-I-3 492.400460 12.368737 2.725385 15.094122 0.000000 480.031724
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831029 5.831029 0.000000 1000.000000
A-II 673.620481 14.227646 3.928500 18.156146 0.000000 659.392836
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-1 978.873172 0.836581 5.707714 6.544295 0.000000 978.036591
M-2 978.873170 0.836582 5.707714 6.544296 0.000000 978.036588
M-3 978.873170 0.836582 5.707714 6.544296 0.000000 978.036588
B-1 978.873157 0.836583 5.707715 6.544298 0.000000 978.036574
B-2 978.873175 0.836583 5.707716 6.544299 0.000000 978.036592
B-3 724.328461 0.619031 4.223491 4.842522 0.000000 723.709429
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 56,932.60
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,401.65
SUBSERVICER ADVANCES THIS MONTH 53,002.47
MASTER SERVICER ADVANCES THIS MONTH 3,195.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,032,920.65
(B) TWO MONTHLY PAYMENTS: 5 484,928.90
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,321,507.48
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,240,632.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 271,588,393.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,451
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 424,532.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,408,121.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.69596210 % 8.65150300 % 1.65253460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.56666070 % 8.76006761 % 1.67327170 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.15872100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.98
POOL TRADING FACTOR: 66.98906280
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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 45,314.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,029.78
SUBSERVICER ADVANCES THIS MONTH 41,338.09
MASTER SERVICER ADVANCES THIS MONTH 3,195.33
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,912,756.11
(B) TWO MONTHLY PAYMENTS: 4 411,892.38
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,137,202.40
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,050,697.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 216,375,792.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,945
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 424,532.76
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,379,922.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.61789080 % 0.00000000 % 1.65253470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.50369780 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.14330698
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.73
POOL TRADING FACTOR: 66.71255122
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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 11,617.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 371.87
SUBSERVICER ADVANCES THIS MONTH 11,664.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 1,120,164.54
(B) TWO MONTHLY PAYMENTS: 1 73,036.52
(C) THREE OR MORE MONTHLY PAYMENTS: 2 184,305.08
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 189,935.67
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 55,212,600.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 506
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 1,028,198.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.99964180 % 0.00000000 % 1.65253470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.81340980 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 194,225.00
FRAUD AMOUNT AVAILABLE 2,756,717.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,756,717.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.21912698
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.96
POOL TRADING FACTOR: 68.09515790
................................................................................
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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 61,480,808.60 6.750000 % 1,415,493.64
A-2 76110FSE4 75,936,500.00 65,858,335.40 6.750000 % 762,188.88
A-3 76110FSF1 17,485,800.00 17,485,800.00 6.750000 % 0.00
A-4 76110FSG9 13,164,700.00 13,164,700.00 6.750000 % 0.00
A-5 76110FSH7 67,790,000.00 67,790,000.00 6.750000 % 0.00
A-6-1 0.00 0.00 1.053088 % 0.00
A-6-2 0.00 0.00 0.849857 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,403,324.72 6.750000 % 14,873.09
M-2 76110FSM6 4,216,900.00 4,134,441.59 6.750000 % 4,957.70
M-3 76110FSN4 4,392,600.00 4,306,705.87 6.750000 % 5,164.26
B-1 76110FSP9 1,757,100.00 1,722,741.17 6.750000 % 2,065.77
B-2 76110FSQ7 1,054,300.00 1,033,683.93 6.750000 % 1,239.51
B-3 76110FSR5 1,405,623.28 1,350,815.57 6.750000 % 1,619.79
-------------------------------------------------------------------------------
351,405,323.28 250,731,356.85 2,207,602.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 345,716.36 1,761,210.00 0.00 0.00 60,065,314.96
A-2 370,331.89 1,132,520.77 0.00 0.00 65,096,146.52
A-3 98,325.44 98,325.44 0.00 0.00 17,485,800.00
A-4 74,027.20 74,027.20 0.00 0.00 13,164,700.00
A-5 381,193.94 381,193.94 0.00 0.00 67,790,000.00
A-6-1 166,804.95 166,804.95 0.00 0.00 0.00
A-6-2 42,899.36 42,899.36 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,745.86 84,618.95 0.00 0.00 12,388,451.63
M-2 23,248.62 28,206.32 0.00 0.00 4,129,483.89
M-3 24,217.29 29,381.55 0.00 0.00 4,301,541.61
B-1 9,687.25 11,753.02 0.00 0.00 1,720,675.40
B-2 5,812.57 7,052.08 0.00 0.00 1,032,444.42
B-3 7,595.85 9,215.64 0.00 0.00 1,349,195.78
-------------------------------------------------------------------------------
1,619,606.58 3,827,209.22 0.00 0.00 248,523,754.21
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 405.677353 9.340048 2.281188 11.621236 0.000000 396.337305
A-2 867.281681 10.037187 4.876863 14.914050 0.000000 857.244494
A-3 1000.000000 0.000000 5.623159 5.623159 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623159 5.623159 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623159 5.623159 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-1 980.445724 1.175673 5.513202 6.688875 0.000000 979.270051
M-2 980.445728 1.175674 5.513202 6.688876 0.000000 979.270054
M-3 980.445720 1.175673 5.513202 6.688875 0.000000 979.270047
B-1 980.445717 1.175670 5.513204 6.688874 0.000000 979.270047
B-2 980.445727 1.175671 5.513203 6.688874 0.000000 979.270056
B-3 961.008251 1.152364 5.403902 6.556266 0.000000 959.855889
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 51,858.77
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,186.27
SUBSERVICER ADVANCES THIS MONTH 58,278.87
MASTER SERVICER ADVANCES THIS MONTH 4,513.31
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,704,079.14
(B) TWO MONTHLY PAYMENTS: 13 2,349,313.57
(C) THREE OR MORE MONTHLY PAYMENTS: 10 937,030.63
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,778,999.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 248,523,754.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,110
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 8
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 595,898.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,906,945.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.04842750 % 8.31346800 % 1.63810410 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.97206810 % 8.37725842 % 1.65067340 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,483,752.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,483,752.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08590201
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 326.66
POOL TRADING FACTOR: 70.72281999
................................................................................
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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 13,963,516.78 6.750000 % 162,505.47
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 4,375,152.18 6.750000 % 312,010.51
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 85,722,196.85 6.750000 % 1,328,587.88
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 43,740,799.11 6.750000 % 1,186,684.09
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 5,929,944.25 6.750000 % 131,770.33
A-P 76110FTE3 57,464.36 52,424.72 0.000000 % 67.17
A-V-1 0.00 0.00 1.000561 % 0.00
A-V-2 0.00 0.00 0.734207 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,813,140.54 6.750000 % 43,781.21
M-2 76110FTH6 5,029,000.00 4,928,093.31 6.750000 % 16,838.80
M-3 76110FTJ2 4,224,500.00 4,139,735.56 6.750000 % 14,145.06
B-1 76110FTK9 2,011,600.00 1,971,237.31 6.750000 % 6,735.52
B-2 76110FTL7 1,207,000.00 1,182,781.59 6.750000 % 4,041.45
B-3 76110FTM5 1,609,449.28 1,575,052.58 6.750000 % 5,381.80
-------------------------------------------------------------------------------
402,311,611.64 292,122,197.78 3,212,549.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 78,510.59 241,016.06 0.00 0.00 13,801,011.31
CB-2 221,039.88 221,039.88 0.00 0.00 39,313,092.00
CB-3 77,669.40 77,669.40 0.00 0.00 13,813,906.00
CB-4 24,599.52 336,610.03 0.00 0.00 4,063,141.67
CB-5 115,262.31 115,262.31 0.00 0.00 20,500,000.00
CB-6 481,977.47 1,810,565.35 0.00 0.00 84,393,608.97
CB-7 159,897.64 159,897.64 0.00 0.00 28,438,625.00
NB-1 245,890.08 1,432,574.17 0.00 0.00 42,554,115.02
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,318.00 54,318.00 0.00 0.00 9,662,500.00
NB-4 33,335.35 165,105.68 0.00 0.00 5,798,173.92
A-P 0.00 67.17 0.00 0.00 52,357.55
A-V-1 190,097.74 190,097.74 0.00 0.00 0.00
A-V-2 39,159.60 39,159.60 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,034.37 115,815.58 0.00 0.00 12,769,359.33
M-2 27,705.31 44,544.11 0.00 0.00 4,911,254.51
M-3 23,273.23 37,418.29 0.00 0.00 4,125,590.50
B-1 11,082.12 17,817.64 0.00 0.00 1,964,501.79
B-2 6,649.50 10,690.95 0.00 0.00 1,178,740.14
B-3 8,854.81 14,236.61 0.00 0.00 1,569,670.80
-------------------------------------------------------------------------------
1,871,356.92 5,083,906.21 0.00 0.00 288,909,648.51
===============================================================================
Run: 05/25/00 08:07:07
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-1 692.141233 8.055044 3.891600 11.946644 0.000000 684.086189
CB-2 1000.000000 0.000000 5.622551 5.622551 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.622552 5.622552 0.000000 1000.000000
CB-4 268.414244 19.141749 1.509173 20.650922 0.000000 249.272495
CB-5 1000.000000 0.000000 5.622552 5.622552 0.000000 1000.000000
CB-6 628.001442 9.733245 3.530970 13.264215 0.000000 618.268198
CB-7 1000.000000 0.000000 5.622552 5.622552 0.000000 1000.000000
NB-1 576.291317 15.634733 3.239637 18.874370 0.000000 560.656584
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.621527 5.621527 0.000000 1000.000000
NB-4 592.994425 13.177033 3.333535 16.510568 0.000000 579.817392
A-P 912.299728 1.168896 0.000000 1.168896 0.000000 911.130832
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-1 979.935034 3.348339 5.509110 8.857449 0.000000 976.586695
M-2 979.935039 3.348340 5.509109 8.857449 0.000000 976.586699
M-3 979.935036 3.348339 5.509109 8.857448 0.000000 976.586697
B-1 979.935032 3.348340 5.509107 8.857447 0.000000 976.586692
B-2 979.935037 3.348343 5.509114 8.857457 0.000000 976.586694
B-3 978.628280 3.343877 5.501764 8.845641 0.000000 975.284416
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 60,530.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,496.20
SUBSERVICER ADVANCES THIS MONTH 42,722.96
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,400,486.07
(B) TWO MONTHLY PAYMENTS: 6 870,453.19
(C) THREE OR MORE MONTHLY PAYMENTS: 5 413,012.28
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 55,295.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 288,909,648.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,394
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 2,322,089.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.88914930 % 7.49034800 % 1.61886760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.81930150 % 7.54775912 % 1.63157130 %
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 8.01811900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.90
POOL TRADING FACTOR: 71.81240614
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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 46,890.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,365.72
SUBSERVICER ADVANCES THIS MONTH 32,148.52
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 3,336,065.34
(B) TWO MONTHLY PAYMENTS: 5 486,342.64
(C) THREE OR MORE MONTHLY PAYMENTS: 5 413,012.28
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 55,295.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 223,902,930.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,188
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 1,626,489.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.33961220 % 7.49034800 % 1.61886760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.27668630 % 7.54775912 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 161,446.00
FRAUD AMOUNT AVAILABLE 6,645,409.00
SPECIAL HAZARD AMOUNT AVAILABLE 332,704.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.06337039
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.41
POOL TRADING FACTOR: 75.89639404
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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 13,640.76
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,130.48
SUBSERVICER ADVANCES THIS MONTH 10,574.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,064,420.73
(B) TWO MONTHLY PAYMENTS: 1 384,110.55
(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 65,006,718.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 206
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 695,600.00
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.35816940 % 7.49034800 % 1.61886760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.24429720 % 7.54775911 % 0.00000000 %
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 7.86226011
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.57
POOL TRADING FACTOR: 60.58389816
................................................................................
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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 172,668,000.00 108,600,038.60 6.750000 % 2,137,582.61
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 18,740,411.30 6.750000 % 1,175,455.22
NB-2 76110FUD3 77,840,000.00 45,137,130.02 6.750000 % 561,441.92
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 65,187.29 0.000000 % 84.43
A-V 76110FUH4 0.00 0.00 0.932810 % 0.00
R 76110FUJ0 100.00 0.00 6.750000 % 0.00
M-1 76110FUK7 13,245,900.00 13,000,470.17 6.750000 % 10,940.86
M-2 76110FUL5 5,094,600.00 5,000,203.48 6.750000 % 4,208.04
M-3 76110FUM3 4,279,400.00 4,200,108.10 6.750000 % 3,534.70
B-1 76110FUN1 2,037,800.00 2,000,042.15 6.750000 % 1,683.18
B-2 76110FUP6 1,222,600.00 1,199,946.77 6.750000 % 1,009.84
B-3 76110FUQ4 1,631,527.35 1,483,043.70 6.750000 % 1,248.07
-------------------------------------------------------------------------------
407,565,332.24 292,876,581.58 3,897,188.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 610,692.14 2,748,274.75 0.00 0.00 106,462,455.99
CB-2 199,914.45 199,914.45 0.00 0.00 35,551,000.00
CB-3 248,634.84 248,634.84 0.00 0.00 44,215,000.00
NB-1 105,326.01 1,280,781.23 0.00 0.00 17,564,956.08
NB-2 253,682.47 815,124.39 0.00 0.00 44,575,688.10
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,907.66 76,907.66 0.00 0.00 13,684,000.00
A-P 0.00 84.43 0.00 0.00 65,102.86
A-V 227,560.46 227,560.46 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,087.16 84,028.02 0.00 0.00 12,989,529.31
M-2 28,110.57 32,318.61 0.00 0.00 4,995,995.44
M-3 23,612.53 27,147.23 0.00 0.00 4,196,573.40
B-1 11,244.01 12,927.19 0.00 0.00 1,998,358.97
B-2 6,745.96 7,755.80 0.00 0.00 1,198,936.93
B-3 8,337.50 9,585.57 0.00 0.00 1,481,110.05
-------------------------------------------------------------------------------
1,873,855.76 5,771,044.63 0.00 0.00 288,978,707.13
===============================================================================
Run: 05/25/00 08:07:08
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-1 628.952896 12.379726 3.536800 15.916526 0.000000 616.573169
CB-2 1000.000000 0.000000 5.623314 5.623314 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623314 5.623314 0.000000 1000.000000
NB-1 581.242209 36.457268 3.266733 39.724001 0.000000 544.784941
NB-2 579.870632 7.212769 3.259025 10.471794 0.000000 572.657864
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.620262 5.620262 0.000000 1000.000000
A-P 888.051055 1.150141 0.000000 1.150141 0.000000 886.900914
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 981.471261 0.825981 5.517719 6.343700 0.000000 980.645280
M-2 981.471260 0.825980 5.517719 6.343699 0.000000 980.645279
M-3 981.471258 0.825980 5.517720 6.343700 0.000000 980.645277
B-1 981.471268 0.825979 5.517720 6.343699 0.000000 980.645289
B-2 981.471266 0.825977 5.517716 6.343693 0.000000 980.645289
B-3 908.991014 0.764970 5.110242 5.875212 0.000000 907.805833
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 60,429.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,627.76
SUBSERVICER ADVANCES THIS MONTH 50,258.60
MASTER SERVICER ADVANCES THIS MONTH 3,029.50
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,762,363.26
(B) TWO MONTHLY PAYMENTS: 7 662,142.15
(C) THREE OR MORE MONTHLY PAYMENTS: 6 598,098.53
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 748,818.62
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 288,978,707.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,243
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 428,681.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,651,346.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.81872670 % 7.58025200 % 1.59897820 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.70292860 % 7.67603204 % 1.61930970 %
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 8.01001900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.08
POOL TRADING FACTOR: 70.90365256
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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 42,649.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,627.76
SUBSERVICER ADVANCES THIS MONTH 32,860.20
MASTER SERVICER ADVANCES THIS MONTH 3,029.50
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,790,011.66
(B) TWO MONTHLY PAYMENTS: 7 662,142.15
(C) THREE OR MORE MONTHLY PAYMENTS: 6 598,098.53
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 366,257.57
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 204,186,031.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,979
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 428,681.53
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,978,834.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.30036900 % 7.58025200 % 1.59897820 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.21604800 % 7.67603204 % 0.00000000 %
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 8.07180218
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.49
POOL TRADING FACTOR: 75.41929679
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS7 (POOL # 4311)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4311
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,779.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 17,398.40
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 1,972,351.60
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 382,561.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 84,792,675.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 264
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 1,672,512.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.66989900 % 7.58025200 % 1.59897820 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.46685300 % 7.67603204 % 0.00000000 %
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 7.86124177
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.49
POOL TRADING FACTOR: 61.96896854
................................................................................
Run: 05/25/00 08:07:09 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 93,987,689.48 6.500000 % 640,614.08
NB 76110FTP8 41,430,000.00 26,319,226.43 6.500000 % 594,767.93
A-P 76110FTQ6 63,383.01 58,094.71 0.000000 % 246.06
A-V 76110FTV5 0.00 0.00 0.925730 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,175,397.01 6.500000 % 16,825.93
M-2 76110FTT0 780,000.00 722,611.41 6.500000 % 2,911.97
M-3 76110FTU7 693,500.00 642,475.64 6.500000 % 2,589.04
B-1 76110FTW3 520,000.00 481,740.98 6.500000 % 1,941.31
B-2 76110FTX1 433,500.00 401,605.17 6.500000 % 1,618.38
B-3 76110FTY9 433,464.63 401,572.47 6.500000 % 1,618.24
-------------------------------------------------------------------------------
173,314,947.64 127,190,413.30 1,263,132.94
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 508,541.27 1,149,155.35 0.00 0.00 93,347,075.40
NB 142,406.03 737,173.96 0.00 0.00 25,724,458.50
A-P 0.00 246.06 0.00 0.00 57,848.65
A-V 98,012.34 98,012.34 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 22,591.91 39,417.84 0.00 0.00 4,158,571.08
M-2 3,909.85 6,821.82 0.00 0.00 719,699.44
M-3 3,476.26 6,065.30 0.00 0.00 639,886.60
B-1 2,606.57 4,547.88 0.00 0.00 479,799.67
B-2 2,172.97 3,791.35 0.00 0.00 399,986.79
B-3 2,172.79 3,791.03 0.00 0.00 399,954.23
-------------------------------------------------------------------------------
785,889.99 2,049,022.93 0.00 0.00 125,927,280.36
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 755.200230 5.147396 4.086179 9.233575 0.000000 750.052834
NB 635.269767 14.355972 3.437268 17.793240 0.000000 620.913794
A-P 916.565969 3.882041 0.000000 3.882041 0.000000 912.683929
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-1 926.424897 3.733288 5.012627 8.745915 0.000000 922.691609
M-2 926.424885 3.733295 5.012628 8.745923 0.000000 922.691590
M-3 926.424859 3.733295 5.012632 8.745927 0.000000 922.691565
B-1 926.424962 3.733288 5.012635 8.745923 0.000000 922.691673
B-2 926.424844 3.733287 5.012618 8.745905 0.000000 922.691557
B-3 926.425000 3.733269 5.012612 8.745881 0.000000 922.691721
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:09 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 26,408.66
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,562.90
SUBSERVICER ADVANCES THIS MONTH 25,590.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,090,486.91
(B) TWO MONTHLY PAYMENTS: 2 314,476.49
(C) THREE OR MORE MONTHLY PAYMENTS: 2 130,626.22
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 125,927,280.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,434
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 750,573.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.63126080 % 4.35605500 % 1.01023230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.59924640 % 4.38201882 % 1.01672080 %
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 7.75332700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 149.24
POOL TRADING FACTOR: 72.65806099
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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 20,622.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,957.48
SUBSERVICER ADVANCES THIS MONTH 18,083.41
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,574,908.12
(B) TWO MONTHLY PAYMENTS: 1 84,035.65
(C) THREE OR MORE MONTHLY PAYMENTS: 2 130,626.22
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 98,505,222.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,340
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 257,891.41
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.81914920 % 4.35605500 % 1.01023230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.79917790 % 4.38201881 % 0.00000000 %
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 7.81814830
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 149.39
POOL TRADING FACTOR: 75.76073194
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 5,786.32
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 605.42
SUBSERVICER ADVANCES THIS MONTH 7,507.17
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 515,578.79
(B) TWO MONTHLY PAYMENTS: 1 230,440.84
(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 27,422,057.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 94
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 492,681.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 93.96633370 % 4.35605500 % 1.01023230 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.88077820 % 4.38201883 % 0.00000000 %
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 7.52047804
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 148.70
POOL TRADING FACTOR: 63.33993847
................................................................................
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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 14,832,701.34 6.750000 % 166,116.55
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 5,468,216.82 6.750000 % 587,800.11
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 15,926,956.39 6.750000 % 13,315.21
A-11 76110FVB6 10,998.00 10,506.95 0.000000 % 12.13
A-12 76110FVC4 0.00 0.00 0.992911 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,749,747.85 6.750000 % 3,970.87
M-2 76110FVF7 2,011,300.00 1,979,110.80 6.750000 % 1,654.57
M-3 76110FVG5 2,011,300.00 1,979,110.80 6.750000 % 1,654.57
B-1 76110FVH3 884,900.00 870,737.91 6.750000 % 727.95
B-2 76110FVJ9 482,700.00 474,974.78 6.750000 % 397.09
B-3 76110FVK6 643,577.01 633,277.02 6.750000 % 529.43
-------------------------------------------------------------------------------
160,885,875.01 114,308,340.66 776,178.48
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 83,394.34 249,510.89 0.00 0.00 14,666,584.79
A-2 0.00 0.00 0.00 0.00 0.00
A-3 30,744.12 618,544.23 0.00 0.00 4,880,416.71
A-4 97,851.02 97,851.02 0.00 0.00 17,404,000.00
A-5 44,028.47 44,028.47 0.00 0.00 7,831,000.00
A-6 77,886.14 77,886.14 0.00 0.00 13,853,000.00
A-7 83,694.00 83,694.00 0.00 0.00 14,886,000.00
A-8 47,278.17 47,278.17 0.00 0.00 8,409,000.00
A-9 28,111.65 28,111.65 0.00 0.00 5,000,000.00
A-10 89,546.60 102,861.81 0.00 0.00 15,913,641.18
A-11 0.00 12.13 0.00 0.00 10,494.82
A-12 94,536.74 94,536.74 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,704.65 30,675.52 0.00 0.00 4,745,776.98
M-2 11,127.21 12,781.78 0.00 0.00 1,977,456.23
M-3 11,127.21 12,781.78 0.00 0.00 1,977,456.23
B-1 4,895.57 5,623.52 0.00 0.00 870,009.96
B-2 2,670.46 3,067.55 0.00 0.00 474,577.69
B-3 3,560.49 4,089.92 0.00 0.00 632,747.59
-------------------------------------------------------------------------------
737,156.84 1,513,335.32 0.00 0.00 113,532,162.18
===============================================================================
Run: 05/25/00 08:06:19
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-1 593.308054 6.644662 3.335774 9.980436 0.000000 586.663392
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 439.779381 47.273613 2.472585 49.746198 0.000000 392.505767
A-4 1000.000000 0.000000 5.622329 5.622329 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622330 5.622330 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622330 5.622330 0.000000 1000.000000
A-7 1000.000000 0.000000 5.622330 5.622330 0.000000 1000.000000
A-8 1000.000000 0.000000 5.622330 5.622330 0.000000 1000.000000
A-9 1000.000000 0.000000 5.622330 5.622330 0.000000 1000.000000
A-10 983.995823 0.822637 5.532349 6.354986 0.000000 983.173186
A-11 955.350973 1.102928 0.000000 1.102928 0.000000 954.248045
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-1 983.995826 0.822637 5.532349 6.354986 0.000000 983.173188
M-2 983.995824 0.822637 5.532347 6.354984 0.000000 983.173187
M-3 983.995824 0.822637 5.532347 6.354984 0.000000 983.173187
B-1 983.995830 0.822635 5.532343 6.354978 0.000000 983.173195
B-2 983.995815 0.822643 5.532339 6.354982 0.000000 983.173172
B-3 983.995715 0.822637 5.532345 6.354982 0.000000 983.173078
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 23,728.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,556.25
SUBSERVICER ADVANCES THIS MONTH 32,597.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 2,102,934.70
(B) TWO MONTHLY PAYMENTS: 2 471,150.14
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,502,566.91
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 404,524.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 113,532,162.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 898
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 680,611.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.64990230 % 7.61866500 % 1.73143240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.59384440 % 7.66363405 % 1.74181310 %
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 8.07112946
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.05
POOL TRADING FACTOR: 70.56689232
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FVL4 99,000,000.00 0.00 6.750000 % 0.00
A-2 76110FVM2 43,000,000.00 41,516,334.20 6.750000 % 2,440,700.33
A-3 76110FVN0 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 6.944500 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 6.166615 % 0.00
A-10 76110FVU2 7,590,000.00 6,831,740.35 6.750000 % 35,496.41
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 73,726.16 0.000000 % 71.78
A-14 76110FVZ3 0.00 0.00 0.923765 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,570,332.63 6.750000 % 9,673.27
M-2 76110FWC3 5,349,900.00 5,259,143.80 6.750000 % 4,396.86
M-3 76110FWD1 5,349,900.00 5,259,143.80 6.750000 % 4,396.86
B-1 76110FWE9 2,354,000.00 2,314,066.54 6.750000 % 1,934.65
B-2 76110FWF6 1,284,000.00 1,262,218.10 6.750000 % 1,055.27
B-3 76110FWG4 1,712,259.01 1,576,472.50 6.750000 % 1,318.00
-------------------------------------------------------------------------------
427,987,988.79 326,163,178.08 2,499,043.43
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 233,451.36 2,674,151.69 0.00 0.00 39,075,633.87
A-3 337,387.24 337,387.24 0.00 0.00 60,000,000.00
A-4 151,824.26 151,824.26 0.00 0.00 27,000,000.00
A-5 295,213.84 295,213.84 0.00 0.00 52,500,000.00
A-6 205,243.91 205,243.91 0.00 0.00 36,500,000.00
A-7 140,578.02 140,578.02 0.00 0.00 25,000,000.00
A-8 60,194.48 60,194.48 0.00 0.00 10,405,000.00
A-9 17,820.70 17,820.70 0.00 0.00 3,469,000.00
A-10 38,415.70 73,912.11 0.00 0.00 6,796,243.94
A-11 42,173.41 42,173.41 0.00 0.00 7,500,000.00
A-12 158,155.89 158,155.89 0.00 0.00 28,126,000.00
A-13 0.00 71.78 0.00 0.00 73,654.38
A-14 250,997.87 250,997.87 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,061.38 74,734.65 0.00 0.00 11,560,659.36
M-2 29,572.80 33,969.66 0.00 0.00 5,254,746.94
M-3 29,572.80 33,969.66 0.00 0.00 5,254,746.94
B-1 13,012.27 14,946.92 0.00 0.00 2,312,131.89
B-2 7,097.61 8,152.88 0.00 0.00 1,261,162.83
B-3 8,864.70 10,182.70 0.00 0.00 1,575,154.50
-------------------------------------------------------------------------------
2,084,638.24 4,583,681.67 0.00 0.00 323,664,134.65
===============================================================================
Run: 05/25/00 08:06:20
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS9(POOL # 4314)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4314
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 965.496144 56.760473 5.429101 62.189574 0.000000 908.735671
A-3 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-8 1000.000000 0.000000 5.785149 5.785149 0.000000 1000.000000
A-9 1000.000000 0.000000 5.137129 5.137129 0.000000 1000.000000
A-10 900.097543 4.676734 5.061357 9.738091 0.000000 895.420809
A-11 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623121 5.623121 0.000000 1000.000000
A-13 947.274424 0.922269 0.000000 0.922269 0.000000 946.352155
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-1 983.035907 0.821858 5.527730 6.349588 0.000000 982.214049
M-2 983.035907 0.821858 5.527729 6.349587 0.000000 982.214049
M-3 983.035907 0.821858 5.527729 6.349587 0.000000 982.214049
B-1 983.035913 0.821856 5.527727 6.349583 0.000000 982.214057
B-2 983.035903 0.821861 5.527734 6.349595 0.000000 982.214042
B-3 920.697448 0.769726 5.177196 5.946922 0.000000 919.927704
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:20 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 67,544.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,151.28
SUBSERVICER ADVANCES THIS MONTH 55,837.38
MASTER SERVICER ADVANCES THIS MONTH 6,282.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 5,626,649.59
(B) TWO MONTHLY PAYMENTS: 6 773,623.65
(C) THREE OR MORE MONTHLY PAYMENTS: 8 834,126.92
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 453,302.68
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 323,664,134.65
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,540
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 874,963.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,226,347.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.64604150 % 6.77379200 % 1.58016680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.58856510 % 6.81884425 % 1.59103850 %
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 8.00230375
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.31
POOL TRADING FACTOR: 75.62458366
................................................................................
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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 10,795,049.41 6.750000 % 4,493,043.87
A-2 76110FWJ8 47,967,000.00 47,967,000.00 6.750000 % 0.00
A-3 76110FWK5 67,521,000.00 67,521,000.00 6.750000 % 0.00
A-4 76110FWL3 30,346,000.00 30,346,000.00 6.750000 % 0.00
A-5 76110FWM1 45,610,000.00 45,610,000.00 6.750000 % 0.00
A-6 76110FWN9 28,628,000.00 28,628,000.00 6.750000 % 0.00
A-7 76110FWP4 16,219,000.00 16,219,000.00 6.932500 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 6.163919 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 57,803.01 0.000000 % 83.08
A-11 76110FWT6 0.00 0.00 0.872748 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 12,979,661.70 6.750000 % 10,880.63
M-2 76110FWW9 6,000,000.00 5,900,382.64 6.750000 % 4,946.19
M-3 76110FWX7 4,799,500.00 4,719,814.40 6.750000 % 3,956.54
B-1 76110FWY5 2,639,600.00 2,595,774.99 6.750000 % 2,175.99
B-2 76110FWZ2 1,439,500.00 1,415,600.12 6.750000 % 1,186.67
B-3 76110FXA6 1,919,815.88 1,864,310.98 6.750000 % 1,562.83
-------------------------------------------------------------------------------
479,943,188.77 378,094,397.25 4,517,835.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 60,692.26 4,553,736.13 0.00 0.00 6,302,005.54
A-2 269,681.57 269,681.57 0.00 0.00 47,967,000.00
A-3 379,618.68 379,618.68 0.00 0.00 67,521,000.00
A-4 170,612.23 170,612.23 0.00 0.00 30,346,000.00
A-5 256,429.97 256,429.97 0.00 0.00 45,610,000.00
A-6 160,953.24 160,953.24 0.00 0.00 28,628,000.00
A-7 93,652.39 93,652.39 0.00 0.00 16,219,000.00
A-8 25,906.52 25,906.52 0.00 0.00 5,046,000.00
A-9 542,146.14 542,146.14 0.00 0.00 96,429,000.00
A-10 0.00 83.08 0.00 0.00 57,719.93
A-11 274,848.99 274,848.99 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,974.66 83,855.29 0.00 0.00 12,968,781.07
M-2 33,173.31 38,119.50 0.00 0.00 5,895,436.45
M-3 26,535.89 30,492.43 0.00 0.00 4,715,857.86
B-1 14,594.04 16,770.03 0.00 0.00 2,593,599.00
B-2 7,958.83 9,145.50 0.00 0.00 1,414,413.45
B-3 10,481.59 12,044.42 0.00 0.00 1,862,748.15
-------------------------------------------------------------------------------
2,400,260.31 6,918,096.11 0.00 0.00 373,576,561.45
===============================================================================
Run: 05/25/00 08:06:23
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 96.283788 40.074599 0.541330 40.615929 0.000000 56.209188
A-2 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-3 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-4 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-5 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-6 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-7 1000.000000 0.000000 5.774239 5.774239 0.000000 1000.000000
A-8 1000.000000 0.000000 5.134071 5.134071 0.000000 1000.000000
A-9 1000.000000 0.000000 5.622231 5.622231 0.000000 1000.000000
A-10 919.363020 1.321396 0.000000 1.321396 0.000000 918.041623
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-1 983.397104 0.824365 5.528886 6.353251 0.000000 982.572739
M-2 983.397107 0.824365 5.528885 6.353250 0.000000 982.572742
M-3 983.397104 0.824365 5.528886 6.353251 0.000000 982.572739
B-1 983.397102 0.824364 5.528883 6.353247 0.000000 982.572738
B-2 983.397096 0.824363 5.528885 6.353248 0.000000 982.572734
B-3 971.088425 0.814047 5.459685 6.273732 0.000000 970.274373
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:23 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 78,247.98
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,349.54
SUBSERVICER ADVANCES THIS MONTH 70,760.40
MASTER SERVICER ADVANCES THIS MONTH 1,430.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 43 6,762,290.27
(B) TWO MONTHLY PAYMENTS: 8 988,233.23
(C) THREE OR MORE MONTHLY PAYMENTS: 11 997,398.32
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 845,929.72
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 373,576,561.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,901
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 197,447.37
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,200,875.81
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.20299160 % 6.24274500 % 1.55426380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.11530110 % 6.31197934 % 1.57174420 %
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 7.95109966
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.38
POOL TRADING FACTOR: 77.83766291
................................................................................
Run: 05/25/00 08:07:10 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 188,037,444.00 153,341,962.68 7.000000 % 1,687,881.14
CB-2 76110FXP8 6,964,350.00 5,679,332.11 0.000000 % 62,514.12
NB-1 76110FXQ1 25,499,800.00 13,117,607.16 6.750000 % 444,340.62
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 8,783,934.20 6.400000 % 231,998.08
NB-8 76110FXX6 20,899,000.00 13,796,847.96 6.100000 % 254,859.84
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,454.31 0.000000 % 66.27
A-V 76110FYA5 0.00 0.00 0.822866 % 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 8,656,782.09 6.750000 % 7,214.81
M-2 76110FYE7 4,001,000.00 3,934,766.83 6.750000 % 3,279.35
M-3 76110FYF4 3,201,000.00 3,148,010.14 6.750000 % 2,623.64
B-1 76110FYG2 1,760,300.00 1,731,159.73 6.750000 % 1,442.80
B-2 76110FYH0 960,000.00 944,107.99 6.750000 % 786.85
B-3 76110FYJ6 1,280,602.22 1,211,799.17 6.750000 % 1,009.95
-------------------------------------------------------------------------------
320,086,417.14 257,775,923.37 2,698,017.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 894,090.91 2,581,972.05 0.00 0.00 151,654,081.54
CB-2 0.00 62,514.12 0.00 0.00 5,616,817.99
NB-1 73,775.79 518,116.41 0.00 0.00 12,673,266.54
NB-2 41,748.30 41,748.30 0.00 0.00 7,423,000.00
NB-3 120,527.07 120,527.07 0.00 0.00 21,430,159.00
NB-4 22,609.20 22,609.20 0.00 0.00 4,020,000.00
NB-5 59,053.89 59,053.89 0.00 0.00 10,500,000.00
NB-6 2,561.61 2,561.61 0.00 0.00 0.00
NB-7 46,840.82 278,838.90 0.00 0.00 8,551,936.12
NB-8 70,123.76 324,983.60 0.00 0.00 13,541,988.12
NB-9 7,472.20 7,472.20 0.00 0.00 0.00
A-P 0.00 66.27 0.00 0.00 56,388.04
A-V 176,700.83 176,700.83 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 48,675.44 55,890.25 0.00 0.00 8,649,567.28
M-2 22,124.44 25,403.79 0.00 0.00 3,931,487.48
M-3 17,700.67 20,324.31 0.00 0.00 3,145,386.50
B-1 9,733.98 11,176.78 0.00 0.00 1,729,716.93
B-2 5,308.54 6,095.39 0.00 0.00 943,321.14
B-3 6,813.72 7,823.67 0.00 0.00 1,210,789.24
-------------------------------------------------------------------------------
1,625,861.17 4,323,878.64 0.00 0.00 255,077,905.92
===============================================================================
Run: 05/25/00 08:07:10
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-1 815.486317 8.976303 4.754856 13.731159 0.000000 806.510014
CB-2 815.486314 8.976304 0.000000 8.976304 0.000000 806.510010
NB-1 514.420002 17.425259 2.893191 20.318450 0.000000 496.994743
NB-2 1000.000000 0.000000 5.624182 5.624182 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624180 5.624180 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.624179 5.624179 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.624180 5.624180 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 576.033458 15.213986 3.071731 18.285717 0.000000 560.819471
NB-8 660.167853 12.194834 3.355364 15.550198 0.000000 647.973019
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 972.312145 1.141305 0.000000 1.141305 0.000000 971.170841
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-1 983.445849 0.819632 5.529729 6.349361 0.000000 982.626218
M-2 983.445846 0.819633 5.529728 6.349361 0.000000 982.626213
M-3 983.445842 0.819631 5.529731 6.349362 0.000000 982.626211
B-1 983.445850 0.819633 5.529728 6.349361 0.000000 982.626217
B-2 983.445823 0.819635 5.529729 6.349364 0.000000 982.626188
B-3 946.272895 0.788652 5.320715 6.109367 0.000000 945.484259
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:10 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 53,401.72
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,020.07
SUBSERVICER ADVANCES THIS MONTH 35,573.66
MASTER SERVICER ADVANCES THIS MONTH 1,488.31
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 21 2,822,616.84
(B) TWO MONTHLY PAYMENTS: 6 856,234.18
(C) THREE OR MORE MONTHLY PAYMENTS: 5 604,024.78
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 561,749.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 255,077,905.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,833
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 194,215.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,483,170.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.36426740 % 6.10590700 % 1.50792470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.31034750 % 6.16534827 % 1.52294100 %
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 7.89821100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.54
POOL TRADING FACTOR: 79.69032494
Run: 05/25/00 08:07:10 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 35,610.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,005.67
SUBSERVICER ADVANCES THIS MONTH 25,887.08
MASTER SERVICER ADVANCES THIS MONTH 1,488.31
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,981,297.68
(B) TWO MONTHLY PAYMENTS: 5 605,359.40
(C) THREE OR MORE MONTHLY PAYMENTS: 4 371,900.32
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 561,749.46
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 170,020,616.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,556
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 194,215.66
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,617,854.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.59134650 % 6.10590700 % 1.50792470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.52083380 % 6.16534827 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.97145693
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.43
POOL TRADING FACTOR: 81.72418719
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS12 (POOL # 4321)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4321
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,791.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,014.40
SUBSERVICER ADVANCES THIS MONTH 9,686.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 841,319.16
(B) TWO MONTHLY PAYMENTS: 1 250,874.78
(C) THREE OR MORE MONTHLY PAYMENTS: 1 232,124.46
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,057,289.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 277
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 865,316.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.97129570 % 6.10590700 % 1.50792470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.88959790 % 6.16534827 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75180001
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.75
POOL TRADING FACTOR: 75.91388824
................................................................................
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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 93,145,661.70 6.500000 % 873,869.70
NB 37,758,000.00 28,369,269.09 6.500000 % 133,028.37
A-P 53,454.22 49,615.38 0.000000 % 202.19
A-V 0.00 0.00 0.844917 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,823,255.33 6.500000 % 14,873.48
M-2 706,500.00 661,555.21 6.500000 % 2,573.63
M-3 628,000.00 588,049.08 6.500000 % 2,287.67
B-1 471,000.00 441,036.82 6.500000 % 1,715.75
B-2 314,000.00 294,024.54 6.500000 % 1,143.83
B-3 471,221.05 441,243.79 6.500000 % 1,716.56
-------------------------------------------------------------------------------
156,999,275.27 127,813,710.94 1,031,411.18
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 504,253.54 1,378,123.24 0.00 0.00 92,271,792.00
NB 153,579.93 286,608.30 0.00 0.00 28,236,240.72
A-P 0.00 202.19 0.00 0.00 49,413.19
A-V 89,942.37 89,942.37 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,697.58 35,571.06 0.00 0.00 3,808,381.85
M-2 3,581.39 6,155.02 0.00 0.00 658,981.58
M-3 3,183.47 5,471.14 0.00 0.00 585,761.41
B-1 2,387.60 4,103.35 0.00 0.00 439,321.07
B-2 1,591.73 2,735.56 0.00 0.00 292,880.71
B-3 2,388.72 4,105.28 0.00 0.00 439,527.24
-------------------------------------------------------------------------------
781,606.33 1,813,017.51 0.00 0.00 126,782,299.77
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 827.858415 7.766764 4.481696 12.248460 0.000000 820.091651
NB 751.344592 3.523184 4.067481 7.590665 0.000000 747.821408
A-P 928.184529 3.782417 0.000000 3.782417 0.000000 924.402112
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-1 936.383867 3.642782 5.069209 8.711991 0.000000 932.741085
M-2 936.383878 3.642788 5.069200 8.711988 0.000000 932.741090
M-3 936.383885 3.642787 5.069220 8.712007 0.000000 932.741099
B-1 936.383907 3.642781 5.069214 8.711995 0.000000 932.741125
B-2 936.383885 3.642771 5.069204 8.711975 0.000000 932.741115
B-3 936.383869 3.642791 5.069213 8.712004 0.000000 932.741091
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 26,581.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,915.90
SUBSERVICER ADVANCES THIS MONTH 18,202.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,061,037.84
(B) TWO MONTHLY PAYMENTS: 2 151,264.02
(C) THREE OR MORE MONTHLY PAYMENTS: 3 294,183.21
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 126,782,299.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,265
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 534,175.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.10882560 % 3.96894800 % 0.92032780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.08820950 % 3.98567059 % 0.92456590 %
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 7.67169100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.31
POOL TRADING FACTOR: 80.75342995
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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 20,341.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,852.06
SUBSERVICER ADVANCES THIS MONTH 18,202.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 15 1,061,037.84
(B) TWO MONTHLY PAYMENTS: 2 151,264.02
(C) THREE OR MORE MONTHLY PAYMENTS: 3 294,183.21
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 96,947,941.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,171
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 512,060.52
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.20153710 % 3.96894800 % 0.92032780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.17663890 % 3.98567060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.72839311
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 153.00
POOL TRADING FACTOR: 82.48686059
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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 6,239.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,063.84
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 29,834,358.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 94
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 22,114.53
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.64875460 % 3.96894800 % 0.92032780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.64336480 % 3.98567059 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48743541
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 154.33
POOL TRADING FACTOR: 75.59145062
................................................................................
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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 85,109,653.12 6.750000 % 3,713,687.15
A-2 76110FYL1 97,975,000.00 63,968,843.30 6.500000 % 352,820.84
A-3 76110FYM9 46,000,000.00 30,033,852.80 6.250000 % 165,652.01
A-4 76110FYN7 37,995,000.00 24,807,309.45 8.000000 % 136,824.97
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 89,072.50 0.000000 % 131.53
A-V 76110FYS6 0.00 0.00 0.806932 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,222,509.11 6.750000 % 10,157.46
M-2 76110FYV9 5,563,000.00 5,478,953.93 6.750000 % 4,553.26
M-3 76110FYW7 4,279,000.00 4,214,352.65 6.750000 % 3,502.32
B-1 76110FYX5 2,567,500.00 2,528,710.10 6.750000 % 2,101.47
B-2 76110FYY3 1,283,800.00 1,264,404.29 6.750000 % 1,050.78
B-3 76110FYZ0 1,711,695.86 1,685,835.46 6.750000 % 1,401.01
-------------------------------------------------------------------------------
427,918,417.16 345,233,496.71 4,391,882.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 478,591.17 4,192,278.32 0.00 0.00 81,395,965.97
A-2 346,388.88 699,209.72 0.00 0.00 63,616,022.46
A-3 156,377.10 322,029.11 0.00 0.00 29,868,200.79
A-4 165,330.02 302,154.99 0.00 0.00 24,670,484.48
A-5 144,848.79 144,848.79 0.00 0.00 25,759,000.00
A-6 495,243.51 495,243.51 0.00 0.00 88,071,000.00
A-P 0.00 131.53 0.00 0.00 88,940.97
A-V 232,077.04 232,077.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 68,729.98 78,887.44 0.00 0.00 12,212,351.65
M-2 30,809.42 35,362.68 0.00 0.00 5,474,400.67
M-3 23,698.27 27,200.59 0.00 0.00 4,210,850.33
B-1 14,219.51 16,320.98 0.00 0.00 2,526,608.63
B-2 7,110.03 8,160.81 0.00 0.00 1,263,353.51
B-3 9,479.84 10,880.85 0.00 0.00 1,610,782.45
-------------------------------------------------------------------------------
2,172,903.56 6,564,786.36 0.00 0.00 340,767,961.91
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 816.728592 35.637256 4.592653 40.229909 0.000000 781.091336
A-2 652.909858 3.601131 3.535482 7.136613 0.000000 649.308726
A-3 652.909843 3.601131 3.399502 7.000633 0.000000 649.308713
A-4 652.909842 3.601131 4.351363 7.952494 0.000000 649.308711
A-5 1000.000000 0.000000 5.623230 5.623230 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623230 5.623230 0.000000 1000.000000
A-P 934.444872 1.379859 0.000000 1.379859 0.000000 933.065013
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 984.891951 0.818490 5.538274 6.356764 0.000000 984.073461
M-2 984.891952 0.818490 5.538274 6.356764 0.000000 984.073462
M-3 984.891949 0.818490 5.538273 6.356763 0.000000 984.073459
B-1 984.891957 0.818489 5.538271 6.356760 0.000000 984.073468
B-2 984.891954 0.818492 5.538269 6.356761 0.000000 984.073462
B-3 984.891942 0.818492 5.538274 6.356766 0.000000 941.044780
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 71,469.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,624.53
SUBSERVICER ADVANCES THIS MONTH 59,530.90
MASTER SERVICER ADVANCES THIS MONTH 795.94
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 5,880,348.88
(B) TWO MONTHLY PAYMENTS: 5 746,913.70
(C) THREE OR MORE MONTHLY PAYMENTS: 9 930,826.04
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 753,162.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 340,767,961.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,677
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 119,552.23
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,029,224.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.06281090 % 6.34975200 % 1.58743690 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.98707710 % 6.42595698 % 1.58528830 %
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 7.88254378
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.21
POOL TRADING FACTOR: 79.63386203
................................................................................
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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 250,018,000.00 206,581,367.26 6.500000 % 1,990,102.05
NB 150,029,000.00 118,684,877.94 6.500000 % 519,925.11
A-V 0.00 0.00 0.996413 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,423,803.51 6.500000 % 12,167.85
M-2 5,377,000.00 5,302,665.90 6.500000 % 4,473.30
M-3 4,517,000.00 4,454,554.95 6.500000 % 3,757.84
B-1 2,581,000.00 2,545,319.08 6.500000 % 2,147.22
B-2 1,290,500.00 1,272,659.52 6.500000 % 1,073.61
B-3 1,720,903.67 1,697,113.13 6.500000 % 1,431.68
-------------------------------------------------------------------------------
430,159,503.67 354,962,361.29 2,535,078.66
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,118,404.67 3,108,506.72 0.00 0.00 204,591,265.21
NB 642,672.24 1,162,597.35 0.00 0.00 118,164,952.83
A-V 294,610.27 294,610.27 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,088.65 90,256.50 0.00 0.00 14,411,635.66
M-2 28,707.96 33,181.26 0.00 0.00 5,298,192.60
M-3 24,116.40 27,874.24 0.00 0.00 4,450,797.11
B-1 13,780.04 15,927.26 0.00 0.00 2,543,171.86
B-2 6,890.02 7,963.63 0.00 0.00 1,271,585.91
B-3 9,187.96 10,619.64 0.00 0.00 1,695,681.45
-------------------------------------------------------------------------------
2,216,458.21 4,751,536.87 0.00 0.00 352,427,282.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 826.265978 7.959835 4.473297 12.433132 0.000000 818.306143
NB 791.079578 3.465497 4.283653 7.749150 0.000000 787.614080
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-1 986.175544 0.831933 5.339030 6.170963 0.000000 985.343611
M-2 986.175544 0.831932 5.339029 6.170961 0.000000 985.343612
M-3 986.175548 0.831933 5.339030 6.170963 0.000000 985.343615
B-1 986.175544 0.831933 5.339031 6.170964 0.000000 985.343611
B-2 986.175529 0.831933 5.339031 6.170964 0.000000 985.343596
B-3 986.175554 0.831935 5.339032 6.170967 0.000000 985.343619
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 73,650.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,026.89
SUBSERVICER ADVANCES THIS MONTH 79,990.04
MASTER SERVICER ADVANCES THIS MONTH 5,814.14
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 48 7,155,132.80
(B) TWO MONTHLY PAYMENTS: 8 904,181.65
(C) THREE OR MORE MONTHLY PAYMENTS: 13 1,994,923.33
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 1,233,686.29
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 352,427,282.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,583
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 841,869.06
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,235,753.72
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.63400990 % 6.81227800 % 1.55371170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.58093990 % 6.85549234 % 1.56356770 %
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 7.79567700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.51
POOL TRADING FACTOR: 81.92944236
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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 46,665.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,928.69
SUBSERVICER ADVANCES THIS MONTH 46,463.32
MASTER SERVICER ADVANCES THIS MONTH 697.52
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 4,273,394.77
(B) TWO MONTHLY PAYMENTS: 8 904,181.65
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,205,737.68
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 99,790.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 223,129,603.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,180
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 94,761.98
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,818,589.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.75884090 % 0.00000000 % 1.55371170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.69167240 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 151,979.00
FRAUD AMOUNT AVAILABLE 3,751,851.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,751,851.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.90114666
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.81
POOL TRADING FACTOR: 82.99807379
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS15 (POOL # 4336)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4336
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 26,985.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,098.20
SUBSERVICER ADVANCES THIS MONTH 33,526.72
MASTER SERVICER ADVANCES THIS MONTH 5,116.62
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 2,881,738.03
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 3 789,185.65
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 1,133,896.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 129,297,678.90
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 403
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 747,107.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 417,164.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.41753880 % 0.00000000 % 1.55371170 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.38984850 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 151,979.00
FRAUD AMOUNT AVAILABLE 3,751,851.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,751,851.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.61366746
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.73
POOL TRADING FACTOR: 80.14861260
................................................................................
Run: 05/25/00 08:06:28 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 93,145,189.87 6.500000 % 986,098.41
A-P 76110FZB2 32,286.88 29,962.03 0.000000 % 701.52
A-V 76110FZC0 0.00 0.00 0.751465 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,091,117.64 6.500000 % 11,696.57
M-2 76110FZF3 517,300.00 488,105.97 6.500000 % 1,846.96
M-3 76110FZG1 459,700.00 433,756.65 6.500000 % 1,641.30
B-1 76110FZH9 344,800.00 325,341.07 6.500000 % 1,231.07
B-2 76110FZJ5 229,800.00 216,831.12 6.500000 % 820.47
B-3 76110FZK2 344,884.43 325,420.72 6.500000 % 1,231.37
-------------------------------------------------------------------------------
114,943,871.31 98,055,725.07 1,005,267.67
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 504,056.63 1,490,155.04 0.00 0.00 92,159,091.46
A-P 0.00 701.52 0.00 0.00 29,260.51
A-V 61,346.11 61,346.11 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,727.63 28,424.20 0.00 0.00 3,079,421.07
M-2 2,641.40 4,488.36 0.00 0.00 486,259.01
M-3 2,347.29 3,988.59 0.00 0.00 432,115.35
B-1 1,760.58 2,991.65 0.00 0.00 324,110.00
B-2 1,173.38 1,993.85 0.00 0.00 216,010.65
B-3 1,761.02 2,992.39 0.00 0.00 324,189.35
-------------------------------------------------------------------------------
591,814.04 1,597,081.71 0.00 0.00 97,050,457.40
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 848.788397 8.985852 4.593231 13.579083 0.000000 839.802545
A-P 927.993972 21.727711 0.000000 21.727711 0.000000 906.266261
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-1 943.564603 3.570382 5.106114 8.676496 0.000000 939.994222
M-2 943.564605 3.570385 5.106128 8.676513 0.000000 939.994220
M-3 943.564607 3.570372 5.106134 8.676506 0.000000 939.994235
B-1 943.564588 3.570389 5.106090 8.676479 0.000000 939.994200
B-2 943.564491 3.570366 5.106092 8.676458 0.000000 939.994125
B-3 943.564544 3.570384 5.106116 8.676500 0.000000 939.994160
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 20,347.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,121.49
SUBSERVICER ADVANCES THIS MONTH 12,118.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 956,957.36
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 116,865.52
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 159,113.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,050,457.40
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,088
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 634,230.46
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.02113220 % 4.09380200 % 0.88506620 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.98861530 % 4.11929581 % 0.89084660 %
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 7.57619737
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 155.64
POOL TRADING FACTOR: 84.43291173
................................................................................
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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 4,249,311.02 6.500000 % 109,194.24
A-2 76110FZY2 100,000,000.00 76,247,143.36 6.500000 % 329,955.19
A-3 76110FZZ9 33,937,000.00 26,885,796.01 6.500000 % 97,949.54
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 200,070,000.00 168,284,927.66 6.500000 % 1,343,183.21
NB-1 76110FA78 73,215,000.00 58,429,869.72 6.500000 % 1,219,706.94
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 59,121.22 0.000000 % 73.76
A-V 76110FB77 0.00 0.00 0.949183 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 18,957,732.46 6.500000 % 15,988.80
M-2 76110FC27 7,062,000.00 6,970,349.68 6.500000 % 5,878.74
M-3 76110FC35 5,932,000.00 5,855,014.80 6.500000 % 4,938.07
B-1 76110FC43 3,389,000.00 3,345,017.71 6.500000 % 2,821.16
B-2 76110FC50 1,694,000.00 1,672,015.35 6.500000 % 1,410.16
B-3 76110FC68 2,259,938.31 2,230,730.47 6.500000 % 1,881.38
-------------------------------------------------------------------------------
564,904,279.15 479,155,029.46 3,132,981.19
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 23,009.41 132,203.65 0.00 0.00 4,140,116.78
A-2 412,867.29 742,822.48 0.00 0.00 75,917,188.17
A-3 145,582.71 243,532.25 0.00 0.00 26,787,846.47
A-4 135,371.40 135,371.40 0.00 0.00 25,000,000.00
A-5 77,546.15 77,546.15 0.00 0.00 14,321,000.00
A-6 3,914.94 3,914.94 0.00 0.00 723,000.00
A-7 81,222.84 81,222.84 0.00 0.00 15,000,000.00
A-8 129,956.54 129,956.54 0.00 0.00 24,000,000.00
CB 911,036.58 2,254,219.79 0.00 0.00 166,941,744.45
NB-1 316,431.23 1,536,138.17 0.00 0.00 57,210,162.78
NB-2 10,831.14 10,831.14 0.00 0.00 2,000,000.00
NB-3 25,588.58 25,588.58 0.00 0.00 4,725,000.00
NB-4 25,642.74 25,642.74 0.00 0.00 4,735,000.00
NB-5 15,163.61 15,163.61 0.00 0.00 2,800,000.00
NB-6 14,427.09 14,427.09 0.00 0.00 2,664,000.00
NB-7 54,155.73 54,155.73 0.00 0.00 10,000,000.00
A-P 0.00 73.76 0.00 0.00 59,047.46
A-V 378,855.80 378,855.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 102,640.83 118,629.63 0.00 0.00 18,941,743.66
M-2 37,738.82 43,617.56 0.00 0.00 6,964,470.94
M-3 31,700.18 36,638.25 0.00 0.00 5,850,076.73
B-1 18,110.58 20,931.74 0.00 0.00 3,342,196.55
B-2 9,052.61 10,462.77 0.00 0.00 1,670,605.19
B-3 12,077.60 13,958.98 0.00 0.00 2,228,849.07
-------------------------------------------------------------------------------
2,972,924.40 6,105,905.59 0.00 0.00 476,022,048.25
===============================================================================
Run: 05/25/00 08:07:11
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-1 350.892735 9.016865 1.900033 10.916898 0.000000 341.875870
A-2 762.471434 3.299552 4.128673 7.428225 0.000000 759.171882
A-3 792.226656 2.886217 4.289793 7.176010 0.000000 789.340439
A-4 1000.000000 0.000000 5.414856 5.414856 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414856 5.414856 0.000000 1000.000000
A-6 1000.000000 0.000000 5.414856 5.414856 0.000000 1000.000000
A-7 1000.000000 0.000000 5.414856 5.414856 0.000000 1000.000000
A-8 1000.000000 0.000000 5.414856 5.414856 0.000000 1000.000000
CB 841.130243 6.713566 4.553589 11.267155 0.000000 834.416676
NB-1 798.058727 16.659249 4.321945 20.981194 0.000000 781.399478
NB-2 1000.000000 0.000000 5.415571 5.415571 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415573 5.415573 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.415574 5.415574 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.415574 5.415574 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.415573 5.415573 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.415573 5.415573 0.000000 1000.000000
A-P 981.414270 1.224443 0.000000 1.224443 0.000000 980.189827
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 987.022047 0.832447 5.343928 6.176375 0.000000 986.189601
M-2 987.022045 0.832447 5.343928 6.176375 0.000000 986.189598
M-3 987.022050 0.832446 5.343927 6.176373 0.000000 986.189604
B-1 987.022045 0.832446 5.343929 6.176375 0.000000 986.189599
B-2 987.022048 0.832444 5.343928 6.176372 0.000000 986.189605
B-3 987.075824 0.832492 5.344218 6.176710 0.000000 986.243324
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 99,784.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 25,326.43
SUBSERVICER ADVANCES THIS MONTH 84,116.41
MASTER SERVICER ADVANCES THIS MONTH 714.63
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 54 7,025,139.89
(B) TWO MONTHLY PAYMENTS: 10 1,331,934.52
(C) THREE OR MORE MONTHLY PAYMENTS: 16 2,294,956.21
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,075,772.33
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 476,022,048.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,598
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 101,137.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,729,498.08
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.84189260 % 6.63315500 % 1.51261350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.79513010 % 6.67118077 % 1.52128470 %
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 7.77710900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.86
POOL TRADING FACTOR: 84.26596608
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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 42,262.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,321.91
SUBSERVICER ADVANCES THIS MONTH 34,444.35
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 3,451,521.25
(B) TWO MONTHLY PAYMENTS: 3 360,340.42
(C) THREE OR MORE MONTHLY PAYMENTS: 6 760,339.79
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 295,298.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 202,606,743.76
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 377,728.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.76409460 % 0.00000000 % 1.51261350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.74874830 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 206,283.00
FRAUD AMOUNT AVAILABLE 4,974,611.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,974,611.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.75692904
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.55
POOL TRADING FACTOR: 83.70427476
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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 38,271.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,435.83
SUBSERVICER ADVANCES THIS MONTH 36,384.37
MASTER SERVICER ADVANCES THIS MONTH 714.63
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,031,022.87
(B) TWO MONTHLY PAYMENTS: 7 971,594.10
(C) THREE OR MORE MONTHLY PAYMENTS: 8 838,345.41
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 136,794.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 181,817,010.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,793
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 101,137.02
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,205,188.50
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.87241460 % 0.00000000 % 1.51261350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.81855070 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 206,283.00
FRAUD AMOUNT AVAILABLE 4,974,611.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,974,611.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.91680378
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.51
POOL TRADING FACTOR: 84.50853746
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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 19,249.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,568.69
SUBSERVICER ADVANCES THIS MONTH 13,287.69
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 542,595.77
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 696,271.01
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 643,679.09
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 91,598,293.53
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 283
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 1,146,581.13
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.95193400 % 0.00000000 % 1.51261350 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.85123380 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 206,283.00
FRAUD AMOUNT AVAILABLE 4,974,611.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,974,611.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.54446078
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.23
POOL TRADING FACTOR: 85.04371661
................................................................................
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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 13,341,920.73 6.500000 % 1,961,041.71
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,638,466.73 6.500000 % 36,737.01
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 15,777.10 0.000000 % 18.71
A-V 76110FD75 0.00 0.00 1.058370 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,008,243.26 6.500000 % 7,510.25
M-2 76110FE25 3,360,700.00 3,311,891.83 6.500000 % 2,761.15
M-3 76110FE33 2,823,000.00 2,782,000.95 6.500000 % 2,319.38
B-1 76110FE41 1,613,200.00 1,589,771.14 6.500000 % 1,325.41
B-2 76110FE58 806,600.00 794,885.57 6.500000 % 662.70
B-3 76110FE66 1,075,021.18 1,059,408.40 6.500000 % 883.24
-------------------------------------------------------------------------------
268,851,631.00 232,033,395.71 2,013,259.56
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 72,253.49 2,033,295.20 0.00 0.00 11,380,879.02
A-2 135,388.10 135,388.10 0.00 0.00 25,000,000.00
A-3 133,430.20 170,167.21 0.00 0.00 24,601,729.72
A-4 13,405.28 13,405.28 0.00 0.00 2,475,344.00
A-5 75,952.88 75,952.88 0.00 0.00 14,025,030.00
A-6 725,629.60 725,629.60 0.00 0.00 133,990,656.00
A-P 0.00 18.71 0.00 0.00 15,758.39
A-V 204,604.47 204,604.47 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,784.36 56,294.61 0.00 0.00 9,000,733.01
M-2 17,935.63 20,696.78 0.00 0.00 3,309,130.68
M-3 15,065.99 17,385.37 0.00 0.00 2,779,681.57
B-1 8,609.44 9,934.85 0.00 0.00 1,588,445.73
B-2 4,304.72 4,967.42 0.00 0.00 794,222.87
B-3 5,737.25 6,620.49 0.00 0.00 1,045,274.96
-------------------------------------------------------------------------------
1,461,101.41 3,474,360.97 0.00 0.00 230,006,885.95
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 269.408572 39.598605 1.458989 41.057594 0.000000 229.809968
A-2 1000.000000 0.000000 5.415524 5.415524 0.000000 1000.000000
A-3 985.476781 1.469388 5.336873 6.806261 0.000000 984.007393
A-4 1000.000000 0.000000 5.415522 5.415522 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415524 5.415524 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415524 5.415524 0.000000 1000.000000
A-P 961.442600 1.140171 0.000000 1.140171 0.000000 960.302429
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-1 985.476782 0.821600 5.336873 6.158473 0.000000 984.655181
M-2 985.476785 0.821600 5.336873 6.158473 0.000000 984.655185
M-3 985.476780 0.821601 5.336872 6.158473 0.000000 984.655179
B-1 985.476779 0.821603 5.336871 6.158474 0.000000 984.655176
B-2 985.476779 0.821597 5.336871 6.158468 0.000000 984.655182
B-3 985.476770 0.821602 5.336872 6.158474 0.000000 972.329643
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 48,133.85
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,559.53
SUBSERVICER ADVANCES THIS MONTH 53,036.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 4,293,870.17
(B) TWO MONTHLY PAYMENTS: 5 1,300,990.95
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,157,869.13
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 693,024.60
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 230,006,885.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,707
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 1,667,295.44
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.00655480 % 6.50904700 % 1.48439810 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.94860730 % 6.56047544 % 1.49046770 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,364,452.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,364,452.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.88496038
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.60
POOL TRADING FACTOR: 85.55160521
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FG80 18,049,000.00 0.00 6.500000 % 0.00
A-2 76110FE74 95,030,000.00 94,021,386.79 6.500000 % 1,174,054.56
A-3 76110FE82 135,727,000.00 112,852,437.35 6.500000 % 1,409,199.79
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 26,280.39 0.000000 % 26.11
A-V 76110FF81 0.00 0.00 1.031312 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,173,764.12 6.500000 % 8,219.65
M-2 76110FG31 3,861,100.00 3,814,889.85 6.500000 % 3,082.15
M-3 76110FG49 3,378,500.00 3,338,065.67 6.500000 % 2,696.91
B-1 76110FG56 1,930,600.00 1,907,494.33 6.500000 % 1,541.11
B-2 76110FG64 965,300.00 953,747.16 6.500000 % 770.56
B-3 76110FG72 1,287,113.52 1,259,531.34 6.500000 % 1,017.61
-------------------------------------------------------------------------------
321,757,386.08 279,543,597.00 2,600,608.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 509,005.58 1,683,060.14 0.00 0.00 92,847,332.23
A-3 610,951.65 2,020,151.44 0.00 0.00 111,443,237.56
A-4 20,561.31 20,561.31 0.00 0.00 3,798,000.00
A-5 28,254.21 28,254.21 0.00 0.00 5,219,000.00
A-6 4,997.28 4,997.28 0.00 0.00 1,000,000.00
A-7 5,830.16 5,830.16 0.00 0.00 1,000,000.00
A-8 43,326.01 43,326.01 0.00 0.00 8,003,000.00
A-9 174,191.90 174,191.90 0.00 0.00 32,176,000.00
A-P 0.00 26.11 0.00 0.00 26,254.28
A-V 240,116.47 240,116.47 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,077.92 63,297.57 0.00 0.00 10,165,544.47
M-2 20,652.75 23,734.90 0.00 0.00 3,811,807.70
M-3 18,071.36 20,768.27 0.00 0.00 3,335,368.76
B-1 10,326.64 11,867.75 0.00 0.00 1,905,953.22
B-2 5,163.32 5,933.88 0.00 0.00 952,976.60
B-3 6,818.75 7,836.36 0.00 0.00 1,258,285.43
-------------------------------------------------------------------------------
1,753,345.31 4,353,953.76 0.00 0.00 276,942,760.25
===============================================================================
Run: 05/25/00 08:06:34
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-2 989.386371 12.354568 5.356262 17.710830 0.000000 977.031803
A-3 831.466380 10.382605 4.501327 14.883932 0.000000 821.083775
A-4 1000.000000 0.000000 5.413720 5.413720 0.000000 1000.000000
A-5 1000.000000 0.000000 5.413721 5.413721 0.000000 1000.000000
A-6 1000.000000 0.000000 4.997280 4.997280 0.000000 1000.000000
A-7 1000.000000 0.000000 5.830160 5.830160 0.000000 1000.000000
A-8 1000.000000 0.000000 5.413721 5.413721 0.000000 1000.000000
A-9 1000.000000 0.000000 5.413721 5.413721 0.000000 1000.000000
A-P 736.711635 0.731935 0.000000 0.731935 0.000000 735.979700
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-1 988.031866 0.798257 5.348929 6.147186 0.000000 987.233609
M-2 988.031869 0.798257 5.348929 6.147186 0.000000 987.233612
M-3 988.031869 0.798257 5.348930 6.147187 0.000000 987.233613
B-1 988.031871 0.798254 5.348928 6.147182 0.000000 987.233617
B-2 988.031866 0.798260 5.348928 6.147188 0.000000 987.233606
B-3 978.570515 0.790614 5.297707 6.088321 0.000000 977.602529
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 57,945.26
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,496.67
SUBSERVICER ADVANCES THIS MONTH 60,321.65
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 45 6,657,389.99
(B) TWO MONTHLY PAYMENTS: 3 202,930.98
(C) THREE OR MORE MONTHLY PAYMENTS: 7 829,528.69
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 790,850.91
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 276,942,760.25
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,080
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 2,374,981.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.32695390 % 6.19880000 % 1.47424600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.26122830 % 6.25137155 % 1.48680750 %
BANKRUPTCY AMOUNT AVAILABLE 102,858.00
FRAUD AMOUNT AVAILABLE 5,652,626.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,826,313.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85976639
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.09
POOL TRADING FACTOR: 86.07192010
................................................................................
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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 167,033,000.00 143,787,163.39 6.500000 % 2,182,256.76
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 39,763,622.47 6.500000 % 491,577.07
A-5 76110FJ79 60,600,000.00 35,466,055.83 6.500000 % 2,359,507.23
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 47,057,525.96 6.500000 % 53,703.95
A-P 76110FK36 12,443.31 11,143.93 0.000000 % 15.15
A-V 76110FK44 0.00 0.00 1.011885 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,141,315.57 6.500000 % 18,421.12
M-2 76110FK77 6,113,300.00 6,053,117.13 6.500000 % 6,908.06
M-3 76110FK85 5,349,000.00 5,296,341.33 6.500000 % 6,044.40
B-1 76110FK93 3,056,500.00 3,026,410.04 6.500000 % 3,453.86
B-2 76110FL27 1,528,300.00 1,513,254.51 6.500000 % 1,726.99
B-3 76110FL35 2,037,744.61 1,979,678.72 6.500000 % 2,259.28
-------------------------------------------------------------------------------
509,426,187.92 454,962,628.88 5,125,873.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 778,624.46 2,960,881.22 0.00 0.00 141,604,906.63
A-2 48,806.46 48,806.46 0.00 0.00 9,013,000.00
A-3 140,002.46 140,002.46 0.00 0.00 25,854,000.00
A-4 215,324.71 706,901.78 0.00 0.00 39,272,045.40
A-5 192,052.87 2,551,560.10 0.00 0.00 33,106,548.60
A-6 541,511.80 541,511.80 0.00 0.00 100,000,000.00
A-7 108,302.36 108,302.36 0.00 0.00 20,000,000.00
A-8 254,822.05 308,526.00 0.00 0.00 47,003,822.01
A-P 0.00 15.15 0.00 0.00 11,128.78
A-V 383,532.04 383,532.04 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,407.13 105,828.25 0.00 0.00 16,122,894.45
M-2 32,778.35 39,686.41 0.00 0.00 6,046,209.07
M-3 28,680.32 34,724.72 0.00 0.00 5,290,296.93
B-1 16,388.36 19,842.22 0.00 0.00 3,022,956.18
B-2 8,194.46 9,921.45 0.00 0.00 1,511,527.52
B-3 10,720.19 12,979.47 0.00 0.00 1,977,419.44
-------------------------------------------------------------------------------
2,847,148.02 7,973,021.89 0.00 0.00 449,836,755.01
===============================================================================
Run: 05/25/00 08:06:35
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-1 860.830874 13.064824 4.661501 17.726325 0.000000 847.766050
A-2 1000.000000 0.000000 5.415118 5.415118 0.000000 1000.000000
A-3 1000.000000 0.000000 5.415118 5.415118 0.000000 1000.000000
A-4 883.636055 10.923935 4.784994 15.708929 0.000000 872.712120
A-5 585.248446 38.935763 3.169189 42.104952 0.000000 546.312683
A-6 1000.000000 0.000000 5.415118 5.415118 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415118 5.415118 0.000000 1000.000000
A-8 990.121951 1.129967 5.361627 6.491594 0.000000 988.991984
A-P 895.576016 1.217522 0.000000 1.217522 0.000000 894.358495
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-1 990.155417 1.130005 5.361809 6.491814 0.000000 989.025411
M-2 990.155420 1.130005 5.361809 6.491814 0.000000 989.025415
M-3 990.155418 1.130006 5.361810 6.491816 0.000000 989.025412
B-1 990.155420 1.130005 5.361806 6.491811 0.000000 989.025415
B-2 990.155408 1.130007 5.361814 6.491821 0.000000 989.025401
B-3 971.504825 1.108721 5.260811 6.369532 0.000000 970.396109
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:35 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 94,287.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 17,599.64
SUBSERVICER ADVANCES THIS MONTH 96,730.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 84 10,392,865.52
(B) TWO MONTHLY PAYMENTS: 8 853,043.28
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,298,236.51
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 1,051,463.72
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 449,836,755.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,887
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,606,651.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 146,850.51
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.52445190 % 6.04257300 % 1.43297550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44789500 % 6.10430343 % 1.44765050 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 4,559,310.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,559,310.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.84080669
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.32
POOL TRADING FACTOR: 88.30263651
................................................................................
Run: 05/25/00 08:06:35 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 200,000,000.00 177,414,588.98 6.250000 % 2,051,908.20
A-P 76110FH22 33,549.74 30,822.01 0.000000 % 130.89
A-V 76110FH30 0.00 0.00 0.897740 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,610,204.61 6.250000 % 20,718.11
M-2 76110FH63 942,600.00 901,588.77 6.250000 % 3,329.51
M-3 76110FH71 942,600.00 901,588.77 6.250000 % 3,329.51
B-1 76110FH89 628,400.00 601,059.19 6.250000 % 2,219.67
B-2 76110FH97 523,700.00 500,914.53 6.250000 % 1,849.84
B-3 76110FJ20 523,708.79 500,922.96 6.250000 % 1,849.87
-------------------------------------------------------------------------------
209,460,058.53 186,461,689.82 2,085,335.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 923,451.30 2,975,359.50 0.00 0.00 175,362,680.78
A-P 0.00 130.89 0.00 0.00 30,691.12
A-V 139,407.16 139,407.16 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,201.38 49,919.49 0.00 0.00 5,589,486.50
M-2 4,692.81 8,022.32 0.00 0.00 898,259.26
M-3 4,692.81 8,022.32 0.00 0.00 898,259.26
B-1 3,128.54 5,348.21 0.00 0.00 598,839.52
B-2 2,607.28 4,457.12 0.00 0.00 499,064.69
B-3 2,607.32 4,457.19 0.00 0.00 499,073.09
-------------------------------------------------------------------------------
1,109,788.60 3,195,124.20 0.00 0.00 184,376,354.22
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 887.072945 10.259541 4.617257 14.876798 0.000000 876.813404
A-P 918.695942 3.901372 0.000000 3.901372 0.000000 914.794571
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-1 956.491392 3.532259 4.978583 8.510842 0.000000 952.959133
M-2 956.491375 3.532262 4.978581 8.510843 0.000000 952.959113
M-3 956.491375 3.532262 4.978581 8.510843 0.000000 952.959113
B-1 956.491391 3.532257 4.978581 8.510838 0.000000 952.959134
B-2 956.491369 3.532251 4.978576 8.510827 0.000000 952.959118
B-3 956.491412 3.532249 4.978568 8.510817 0.000000 952.959163
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:36 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS4 (POOL # 4364)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4364
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 38,731.25
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,482.11
SUBSERVICER ADVANCES THIS MONTH 26,977.42
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 22 2,358,225.48
(B) TWO MONTHLY PAYMENTS: 2 214,568.97
(C) THREE OR MORE MONTHLY PAYMENTS: 1 214,242.07
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 59,850.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 184,376,354.22
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,922
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 1,396,728.89
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.16374140 % 3.97647800 % 0.85978070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.12709860 % 4.00593940 % 0.86629500 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 1,872,766.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,872,766.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47654497
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 158.87
POOL TRADING FACTOR: 88.02458832
................................................................................
Run: 05/25/00 08:07:15 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 166,515,517.00 150,665,020.24 7.250000 % 1,526,628.57
CB-P 76110FL68 12,334,483.00 11,160,372.10 0.000000 % 113,083.60
NB-1 76110FL76 36,987,960.00 29,958,067.35 6.750000 % 404,409.48
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 13,202,478.36 6.750000 % 477,325.74
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 227,038.31 0.000000 % 3,009.45
A-V 76110FM59 0.00 0.00 0.796335 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,530,366.64 6.750000 % 7,540.17
M-2 76110FM83 3,848,100.00 3,812,126.85 6.750000 % 3,016.05
M-3 76110FM91 3,256,100.00 3,225,661.03 6.750000 % 2,552.06
B-1 76110FN25 1,924,100.00 1,906,112.96 6.750000 % 1,508.07
B-2 76110FN33 888,100.00 879,797.80 6.750000 % 696.07
B-3 76110FN41 1,183,701.20 1,172,781.62 6.750000 % 927.86
-------------------------------------------------------------------------------
296,006,355.96 263,438,863.26 2,540,697.12
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 909,910.25 2,436,538.82 0.00 0.00 149,138,391.67
CB-P 0.00 113,083.60 0.00 0.00 11,047,288.50
NB-1 168,494.69 572,904.17 0.00 0.00 29,553,657.87
NB-2 19,876.46 19,876.46 0.00 0.00 3,534,000.00
NB-3 54,099.00 54,099.00 0.00 0.00 9,618,710.00
NB-4 74,255.37 551,581.11 0.00 0.00 12,725,152.62
NB-5 138,057.18 138,057.18 0.00 0.00 24,546,330.00
A-P 0.00 3,009.45 0.00 0.00 224,028.86
A-V 174,768.84 174,768.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,590.43 61,130.60 0.00 0.00 9,522,826.47
M-2 21,436.06 24,452.11 0.00 0.00 3,809,110.80
M-3 18,138.29 20,690.35 0.00 0.00 3,223,108.97
B-1 10,718.31 12,226.38 0.00 0.00 1,904,604.89
B-2 4,947.21 5,643.28 0.00 0.00 879,101.73
B-3 6,594.70 7,522.56 0.00 0.00 1,171,853.74
-------------------------------------------------------------------------------
1,654,886.79 4,195,583.91 0.00 0.00 260,898,166.12
===============================================================================
Run: 05/25/00 08:07:15
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-1 904.810692 9.168086 5.464417 14.632503 0.000000 895.642607
CB-P 904.810692 9.168086 0.000000 9.168086 0.000000 895.642606
NB-1 809.941055 10.933544 4.555393 15.488937 0.000000 799.007511
NB-2 1000.000000 0.000000 5.624352 5.624352 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624351 5.624351 0.000000 1000.000000
NB-4 614.068761 22.201197 3.453738 25.654935 0.000000 591.867564
NB-5 1000.000000 0.000000 5.624351 5.624351 0.000000 1000.000000
A-P 912.332599 12.093211 0.000000 12.093211 0.000000 900.239388
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-1 990.651709 0.783777 5.570557 6.354334 0.000000 989.867932
M-2 990.651711 0.783776 5.570557 6.354333 0.000000 989.867935
M-3 990.651709 0.783778 5.570557 6.354335 0.000000 989.867931
B-1 990.651712 0.783779 5.570558 6.354337 0.000000 989.867933
B-2 990.651728 0.783774 5.570555 6.354329 0.000000 989.867954
B-3 990.775054 0.783863 5.571254 6.355117 0.000000 989.991176
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:15 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 54,682.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,939.09
SUBSERVICER ADVANCES THIS MONTH 51,789.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,585,792.01
(B) TWO MONTHLY PAYMENTS: 5 1,190,502.96
(C) THREE OR MORE MONTHLY PAYMENTS: 4 860,637.97
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 432,748.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 260,898,166.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,921
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 2,332,453.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.20139640 % 6.28918400 % 1.50269870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.13170630 % 6.34540537 % 1.51743490 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86724400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.32
POOL TRADING FACTOR: 88.13937974
Run: 05/25/00 08:07:15 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 36,351.64
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,584.90
SUBSERVICER ADVANCES THIS MONTH 33,027.96
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 3,383,936.45
(B) TWO MONTHLY PAYMENTS: 4 663,657.22
(C) THREE OR MORE MONTHLY PAYMENTS: 3 366,570.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 31,253.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 173,592,535.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,698
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 1,517,752.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.38366540 % 6.28918400 % 1.50269870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.31716630 % 6.34540537 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.95804164
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.69
POOL TRADING FACTOR: 90.22211317
Run: 05/25/00 08:07:15 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 18,331.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,354.19
SUBSERVICER ADVANCES THIS MONTH 18,761.90
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,201,855.56
(B) TWO MONTHLY PAYMENTS: 1 526,845.74
(C) THREE OR MORE MONTHLY PAYMENTS: 1 494,067.97
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 401,494.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 87,305,630.78
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 223
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 814,701.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.83877040 % 6.28918400 % 1.50269870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.76248500 % 6.34540537 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 2,610,952.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,610,952.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.68670682
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.58
POOL TRADING FACTOR: 84.27135313
................................................................................
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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 226,382,557.00 207,463,075.80 7.000000 % 2,110,324.58
CB-P 76110FN66 17,414,043.00 15,958,698.28 0.000000 % 162,332.66
NB-1 76110FN74 114,280,000.00 99,840,983.53 6.500000 % 1,419,158.54
NB-2 76110FN82 3,836,000.00 3,836,000.00 6.500000 % 0.00
NB-3 76110FN90 13,124,100.00 13,124,100.00 6.500000 % 0.00
A-P 76110FP23 47,335.68 46,811.81 0.000000 % 49.65
A-V 76110FP31 0.00 0.00 0.996788 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,762,968.15 6.500000 % 10,059.43
M-2 76110FP64 4,826,800.00 4,786,100.65 6.500000 % 3,772.28
M-3 76110FP72 4,223,400.00 4,187,788.50 6.500000 % 3,300.70
B-1 76110FP80 2,413,400.00 2,393,050.33 6.500000 % 1,886.14
B-2 76110FP98 1,206,800.00 1,196,624.31 6.500000 % 943.15
B-3 76110FQ22 1,608,966.42 1,539,862.35 6.500000 % 1,213.67
-------------------------------------------------------------------------------
402,235,002.10 367,136,063.71 3,713,040.80
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,209,398.81 3,319,723.39 0.00 0.00 205,352,751.22
CB-P 0.00 162,332.66 0.00 0.00 15,796,365.62
NB-1 540,737.34 1,959,895.88 0.00 0.00 98,421,824.99
NB-2 20,775.72 20,775.72 0.00 0.00 3,836,000.00
NB-3 71,079.94 71,079.94 0.00 0.00 13,124,100.00
A-P 0.00 49.65 0.00 0.00 46,762.16
A-V 304,818.22 304,818.22 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,094.53 79,153.96 0.00 0.00 12,752,908.72
M-2 25,910.38 29,682.66 0.00 0.00 4,782,328.37
M-3 22,671.31 25,972.01 0.00 0.00 4,184,487.80
B-1 12,955.20 14,841.34 0.00 0.00 2,391,164.19
B-2 6,478.14 7,421.29 0.00 0.00 1,195,681.16
B-3 8,336.31 9,549.98 0.00 0.00 1,538,648.68
-------------------------------------------------------------------------------
2,292,255.90 6,005,296.70 0.00 0.00 363,423,022.91
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 916.426948 9.321940 5.342279 14.664219 0.000000 907.105008
CB-P 916.426948 9.321940 0.000000 9.321940 0.000000 907.105008
NB-1 873.652289 12.418258 4.731688 17.149946 0.000000 861.234030
NB-2 1000.000000 0.000000 5.415985 5.415985 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415986 5.415986 0.000000 1000.000000
A-P 988.932873 1.048826 0.000000 1.048826 0.000000 987.884047
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 991.568050 0.781527 5.368025 6.149552 0.000000 990.786522
M-2 991.568047 0.781528 5.368024 6.149552 0.000000 990.786519
M-3 991.568049 0.781527 5.368023 6.149550 0.000000 990.786523
B-1 991.568049 0.781528 5.368029 6.149557 0.000000 990.786521
B-2 991.568039 0.781530 5.368031 6.149561 0.000000 990.786510
B-3 957.050645 0.754317 5.181158 5.935475 0.000000 956.296326
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 75,947.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,422.10
SUBSERVICER ADVANCES THIS MONTH 76,796.71
MASTER SERVICER ADVANCES THIS MONTH 4,521.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 6,477,813.90
(B) TWO MONTHLY PAYMENTS: 8 1,648,173.74
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,416,687.52
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,158,954.36
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 363,423,022.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,543
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 621,412.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,423,674.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.68123650 % 5.92065400 % 1.39717600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.61228050 % 5.97643064 % 1.41051980 %
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 7.82164600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.82
POOL TRADING FACTOR: 90.35091949
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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 49,846.15
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,881.56
SUBSERVICER ADVANCES THIS MONTH 41,077.81
MASTER SERVICER ADVANCES THIS MONTH 2,867.65
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,481,099.67
(B) TWO MONTHLY PAYMENTS: 5 666,016.25
(C) THREE OR MORE MONTHLY PAYMENTS: 10 903,057.77
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 541,067.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 238,576,546.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,166
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 380,979.41
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,096,813.01
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.76561700 % 5.92065400 % 1.39717600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.70203060 % 5.97643064 % 0.00000000 %
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 7.90026139
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.89
POOL TRADING FACTOR: 91.25338212
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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 26,101.02
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,540.54
SUBSERVICER ADVANCES THIS MONTH 35,718.90
MASTER SERVICER ADVANCES THIS MONTH 1,653.76
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 2,996,714.23
(B) TWO MONTHLY PAYMENTS: 3 982,157.49
(C) THREE OR MORE MONTHLY PAYMENTS: 1 513,629.75
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 617,887.06
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 124,846,476.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 377
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 240,433.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,326,861.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.52025700 % 5.92065400 % 1.39717600 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44074410 % 5.97643064 % 0.00000000 %
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 7.67141594
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.60
POOL TRADING FACTOR: 88.67507666
................................................................................
Run: 05/25/00 08:06:40 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 260,286,000.00 229,211,590.90 6.750000 % 2,151,563.77
A-2 76110FQ48 15,420,000.00 14,598,072.59 6.750000 % 84,759.35
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 15,071,927.41 6.750000 % 0.00
A-P 76110FQ89 91,079.98 89,893.75 0.000000 % 98.15
A-V 76110FQ97 0.00 0.00 0.857139 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,873,756.48 6.750000 % 9,896.34
M-2 76110FR39 4,206,600.00 4,175,707.00 6.750000 % 3,209.96
M-3 76110FR47 3,680,500.00 3,653,470.63 6.750000 % 2,808.50
B-1 76110FR54 2,103,100.00 2,087,654.97 6.750000 % 1,604.83
B-2 76110FR62 1,051,600.00 1,043,877.10 6.750000 % 802.45
B-3 76110FR70 1,402,095.46 1,391,798.55 6.750000 % 1,069.92
-------------------------------------------------------------------------------
350,510,075.44 319,247,749.38 2,255,813.27
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,289,007.46 3,440,571.23 0.00 0.00 227,060,027.13
A-2 82,094.56 166,853.91 0.00 0.00 14,513,313.24
A-3 197,109.19 197,109.19 0.00 0.00 35,050,000.00
A-4 0.00 0.00 84,759.35 0.00 15,156,686.76
A-P 0.00 98.15 0.00 0.00 89,795.60
A-V 227,978.76 227,978.76 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,397.60 82,293.94 0.00 0.00 12,863,860.14
M-2 23,482.74 26,692.70 0.00 0.00 4,172,497.04
M-3 20,545.86 23,354.36 0.00 0.00 3,650,662.13
B-1 11,740.26 13,345.09 0.00 0.00 2,086,050.14
B-2 5,870.41 6,672.86 0.00 0.00 1,043,074.65
B-3 7,827.00 8,896.92 0.00 0.00 1,390,728.63
-------------------------------------------------------------------------------
1,938,053.84 4,193,867.11 84,759.35 0.00 317,076,695.46
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 880.614366 8.266153 4.952273 13.218426 0.000000 872.348214
A-2 946.697315 5.496715 5.323901 10.820616 0.000000 941.200599
A-3 1000.000000 0.000000 5.623657 5.623657 0.000000 1000.000000
A-4 1057.679116 0.000000 0.000000 0.000000 5.948025 1063.627141
A-P 986.975952 1.077624 0.000000 1.077624 0.000000 985.898328
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-1 992.656063 0.763077 5.582358 6.345435 0.000000 991.892986
M-2 992.656064 0.763077 5.582356 6.345433 0.000000 991.892987
M-3 992.656060 0.763076 5.582356 6.345432 0.000000 991.892985
B-1 992.656065 0.763078 5.582359 6.345437 0.000000 991.892987
B-2 992.656048 0.763075 5.582360 6.345435 0.000000 991.892973
B-3 992.656056 0.763079 5.582359 6.345438 0.000000 991.892970
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 66,342.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,754.58
SUBSERVICER ADVANCES THIS MONTH 46,805.69
MASTER SERVICER ADVANCES THIS MONTH 471.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 4,304,749.41
(B) TWO MONTHLY PAYMENTS: 5 813,644.70
(C) THREE OR MORE MONTHLY PAYMENTS: 5 744,172.53
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 660,640.12
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 317,076,695.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,435
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 61,653.65
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,925,619.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.09599130 % 6.48673800 % 1.41727070 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.04797650 % 6.52429510 % 1.42588020 %
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 7.93192136
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 343.76
POOL TRADING FACTOR: 90.46150672
................................................................................
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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 93,329,843.81 6.500000 % 801,644.51
A-P 76110FR96 122,858.97 118,156.67 0.000000 % 476.36
A-V 76110FS20 0.00 0.00 0.685132 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,479,754.22 6.500000 % 8,767.45
M-2 76110FS53 575,400.00 556,580.81 6.500000 % 1,967.85
M-3 76110FS61 470,800.00 455,401.90 6.500000 % 1,610.13
B-1 76110FS79 313,900.00 303,633.51 6.500000 % 1,073.53
B-2 76110FS87 261,600.00 253,044.04 6.500000 % 894.67
B-3 76110FS95 261,601.59 253,045.58 6.500000 % 894.67
-------------------------------------------------------------------------------
104,617,860.56 97,749,460.54 817,329.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 505,132.42 1,306,776.93 0.00 0.00 92,528,199.30
A-P 0.00 476.36 0.00 0.00 117,680.31
A-V 55,764.80 55,764.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,421.26 22,188.71 0.00 0.00 2,470,986.77
M-2 3,012.40 4,980.25 0.00 0.00 554,612.96
M-3 2,464.79 4,074.92 0.00 0.00 453,791.77
B-1 1,643.36 2,716.89 0.00 0.00 302,559.98
B-2 1,369.56 2,264.23 0.00 0.00 252,149.37
B-3 1,369.56 2,264.23 0.00 0.00 252,150.91
-------------------------------------------------------------------------------
584,178.15 1,401,507.32 0.00 0.00 96,932,131.37
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 932.850670 8.012599 5.048901 13.061500 0.000000 924.838071
A-P 961.726034 3.877291 0.000000 3.877291 0.000000 957.848743
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-1 967.293735 3.419976 5.235318 8.655294 0.000000 963.873760
M-2 967.293726 3.419969 5.235315 8.655284 0.000000 963.873757
M-3 967.293755 3.419987 5.235323 8.655310 0.000000 963.873768
B-1 967.293756 3.419975 5.235298 8.655273 0.000000 963.873782
B-2 967.293731 3.419992 5.235321 8.655313 0.000000 963.873739
B-3 967.293739 3.419972 5.235289 8.655261 0.000000 963.873767
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:40 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS8 (POOL # 4381)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4381
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,292.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,133.19
SUBSERVICER ADVANCES THIS MONTH 13,907.59
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 1,186,087.30
(B) TWO MONTHLY PAYMENTS: 3 249,575.62
(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 96,932,131.37
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 471,696.32
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.59417940 % 3.57645200 % 0.82936830 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.57271490 % 3.58951304 % 0.83340890 %
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 7.50439390
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 163.31
POOL TRADING FACTOR: 92.65352097
................................................................................
Run: 05/25/00 08:06:42 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 165,986,000.00 151,190,525.88 7.000000 % 815,450.18
A-2 76110FT37 10,215,000.00 9,691,354.53 7.000000 % 59,916.43
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 10,273,645.47 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 33,584,720.45 7.000000 % 188,232.58
A-P 76110FT78 469,164.61 457,630.04 0.000000 % 549.66
A-V 76110FT86 0.00 0.00 0.753961 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,629,741.67 7.000000 % 7,978.30
M-2 76110FU35 3,250,000.00 3,229,263.44 7.000000 % 2,423.77
M-3 76110FU43 2,843,700.00 2,825,555.84 7.000000 % 2,120.76
B-1 76110FU50 1,624,500.00 1,614,134.91 7.000000 % 1,211.51
B-2 76110FU68 812,400.00 807,216.49 7.000000 % 605.87
B-3 76110FU76 1,083,312.85 1,076,400.82 7.000000 % 807.90
-------------------------------------------------------------------------------
270,813,177.46 252,461,189.54 1,079,296.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 881,750.94 1,697,201.12 0.00 0.00 150,375,075.70
A-2 56,520.48 116,436.91 0.00 0.00 9,631,438.10
A-3 157,937.79 157,937.79 0.00 0.00 27,081,000.00
A-4 0.00 0.00 59,916.43 0.00 10,333,561.90
A-5 195,867.82 384,100.40 0.00 0.00 33,396,487.87
A-P 0.00 549.66 0.00 0.00 457,080.38
A-V 158,586.80 158,586.80 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,993.20 69,971.50 0.00 0.00 10,621,763.37
M-2 18,833.23 21,257.00 0.00 0.00 3,226,839.67
M-3 16,478.79 18,599.55 0.00 0.00 2,823,435.08
B-1 9,413.72 10,625.23 0.00 0.00 1,612,923.40
B-2 4,707.73 5,313.60 0.00 0.00 806,610.62
B-3 6,277.62 7,085.52 0.00 0.00 1,075,592.92
-------------------------------------------------------------------------------
1,568,368.12 2,647,665.08 59,916.43 0.00 251,441,809.01
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 910.863120 4.912765 5.312201 10.224966 0.000000 905.950356
A-2 948.737595 5.865534 5.533087 11.398621 0.000000 942.872061
A-3 1000.000000 0.000000 5.832052 5.832052 0.000000 1000.000000
A-4 1053.707228 0.000000 0.000000 0.000000 6.145275 1059.852503
A-5 907.695147 5.087367 5.293725 10.381092 0.000000 902.607780
A-P 975.414663 1.171572 0.000000 1.171572 0.000000 974.243091
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-1 993.619524 0.745775 5.794840 6.540615 0.000000 992.873749
M-2 993.619520 0.745775 5.794840 6.540615 0.000000 992.873745
M-3 993.619524 0.745775 5.794841 6.540616 0.000000 992.873749
B-1 993.619520 0.745774 5.794841 6.540615 0.000000 992.873746
B-2 993.619510 0.745778 5.794842 6.540620 0.000000 992.873732
B-3 993.619544 0.745777 5.794836 6.540613 0.000000 992.873776
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9 (POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4389
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 52,469.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,805.81
SUBSERVICER ADVANCES THIS MONTH 26,106.01
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,127,995.58
(B) TWO MONTHLY PAYMENTS: 5 834,411.24
(C) THREE OR MORE MONTHLY PAYMENTS: 4 431,173.43
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 141,634.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 251,441,809.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,845
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 829,814.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.99125870 % 6.62076400 % 1.38797730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.96478400 % 6.63057516 % 1.39256560 %
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 8.06737486
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.40
POOL TRADING FACTOR: 92.84696239
................................................................................
Run: 05/25/00 08:06:42 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-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 268,170,000.00 244,931,257.07 7.250000 % 2,296,750.77
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,424,281.77 7.250000 % 22,430.65
A-P 76110FV67 1,164,452.78 1,145,468.97 0.000000 % 1,054.30
A-V 76110FV75 0.00 0.00 0.648377 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,856,850.28 7.250000 % 9,585.97
M-2 76110FW25 4,232,700.00 4,209,626.93 7.250000 % 2,912.16
M-3 76110FW33 3,703,600.00 3,683,411.13 7.250000 % 2,548.13
B-1 76110FU84 2,116,400.00 2,104,863.20 7.250000 % 1,456.11
B-2 76110FU92 1,058,200.00 1,052,431.59 7.250000 % 728.06
B-3 76110FV26 1,410,899.63 1,403,208.64 7.250000 % 970.72
-------------------------------------------------------------------------------
352,721,152.41 329,141,399.58 2,338,436.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,479,515.80 3,776,266.57 0.00 0.00 242,634,506.30
A-2 146,966.21 146,966.21 0.00 0.00 24,330,000.00
A-3 195,860.00 218,290.65 0.00 0.00 32,401,851.12
A-P 0.00 1,054.30 0.00 0.00 1,144,414.67
A-V 177,806.51 177,806.51 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 83,702.79 93,288.76 0.00 0.00 13,847,264.31
M-2 25,428.40 28,340.56 0.00 0.00 4,206,714.77
M-3 22,249.77 24,797.90 0.00 0.00 3,680,863.00
B-1 12,714.50 14,170.61 0.00 0.00 2,103,407.09
B-2 6,357.25 7,085.31 0.00 0.00 1,051,703.53
B-3 8,476.13 9,446.85 0.00 0.00 1,402,237.92
-------------------------------------------------------------------------------
2,159,077.36 4,497,514.23 0.00 0.00 326,802,962.71
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 913.343241 8.564533 5.517082 14.081615 0.000000 904.778709
A-2 1000.000000 0.000000 6.040535 6.040535 0.000000 1000.000000
A-3 994.548855 0.688015 6.007607 6.695622 0.000000 993.860840
A-P 983.697226 0.905404 0.000000 0.905404 0.000000 982.791823
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-1 994.548855 0.688015 6.007607 6.695622 0.000000 993.860840
M-2 994.548853 0.688015 6.007607 6.695622 0.000000 993.860838
M-3 994.548852 0.688014 6.007606 6.695620 0.000000 993.860838
B-1 994.548857 0.688013 6.007607 6.695620 0.000000 993.860844
B-2 994.548847 0.688017 6.007607 6.695624 0.000000 993.860830
B-3 994.548875 0.688015 6.007607 6.695622 0.000000 993.860860
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10 (POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4390
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 69,215.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,096.97
SUBSERVICER ADVANCES THIS MONTH 68,097.65
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 5,569,435.39
(B) TWO MONTHLY PAYMENTS: 10 1,482,427.98
(C) THREE OR MORE MONTHLY PAYMENTS: 4 649,344.75
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 1,441,045.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 326,802,962.71
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,505
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 2,110,688.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.97843960 % 6.63114600 % 1.39041460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.92645460 % 6.65074818 % 1.39942540 %
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 8.19770982
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.69
POOL TRADING FACTOR: 92.65193212
................................................................................
Run: 05/25/00 08:07:18 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 131,664,000.00 125,082,045.00 7.500000 % 635,154.96
NB-1 76110FX81 57,150,000.00 49,484,413.46 7.500000 % 730,175.97
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 1,347,737.69 0.000000 % 1,351.40
A-V 76110FY49 0.00 0.00 0.617250 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 8,004,358.36 7.500000 % 5,456.80
M-2 76110FY72 2,608,000.00 2,596,115.73 7.500000 % 1,769.85
M-3 76110FY80 2,282,000.00 2,271,601.26 7.500000 % 1,548.61
B-1 76110FY98 1,304,000.00 1,298,057.85 7.500000 % 884.92
B-2 76110FZ22 652,000.00 649,028.93 7.500000 % 442.46
B-3 76110FZ30 869,417.87 865,459.56 7.500000 % 590.01
-------------------------------------------------------------------------------
217,318,364.92 202,981,817.84 1,377,374.98
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 781,638.23 1,416,793.19 0.00 0.00 124,446,890.04
NB-1 309,217.15 1,039,393.12 0.00 0.00 48,754,237.49
NB-2 24,888.89 24,888.89 0.00 0.00 3,983,000.00
NB-3 46,240.96 46,240.96 0.00 0.00 7,400,000.00
A-P 0.00 1,351.40 0.00 0.00 1,346,386.29
A-V 104,390.87 104,390.87 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,017.88 55,474.68 0.00 0.00 7,998,901.56
M-2 16,222.68 17,992.53 0.00 0.00 2,594,345.88
M-3 14,194.85 15,743.46 0.00 0.00 2,270,052.65
B-1 8,111.34 8,996.26 0.00 0.00 1,297,172.93
B-2 4,055.67 4,498.13 0.00 0.00 648,586.47
B-3 5,408.11 5,998.12 0.00 0.00 864,869.56
-------------------------------------------------------------------------------
1,364,386.63 2,741,761.61 0.00 0.00 201,604,442.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 950.009456 4.824059 5.936613 10.760672 0.000000 945.185397
NB-1 865.869002 12.776482 5.410624 18.187106 0.000000 853.092520
NB-2 1000.000000 0.000000 6.248780 6.248780 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.248778 6.248778 0.000000 1000.000000
A-P 987.464266 0.990145 0.000000 0.990145 0.000000 986.474121
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-1 995.443149 0.678622 6.220356 6.898978 0.000000 994.764527
M-2 995.443148 0.678623 6.220353 6.898976 0.000000 994.764525
M-3 995.443146 0.678620 6.220355 6.898975 0.000000 994.764527
B-1 995.443137 0.678620 6.220353 6.898973 0.000000 994.764517
B-2 995.443144 0.678620 6.220353 6.898973 0.000000 994.764525
B-3 995.447172 0.678626 6.220381 6.899007 0.000000 994.768552
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:07:18 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 42,185.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,794.54
SUBSERVICER ADVANCES THIS MONTH 38,066.66
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,130,212.39
(B) TWO MONTHLY PAYMENTS: 3 292,997.80
(C) THREE OR MORE MONTHLY PAYMENTS: 4 923,518.40
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 499,456.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 201,604,442.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,520
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 1,238,778.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.22124470 % 6.34149200 % 1.38561490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.17313430 % 6.38046459 % 1.40350360 %
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 8.38481800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.73
POOL TRADING FACTOR: 92.76916976
Run: 05/25/00 08:07:18 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 28,290.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,499.90
SUBSERVICER ADVANCES THIS MONTH 24,478.75
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 2,165,155.74
(B) TWO MONTHLY PAYMENTS: 3 292,997.80
(C) THREE OR MORE MONTHLY PAYMENTS: 2 71,616.67
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 499,456.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 135,430,496.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,328
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 550,070.42
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.39181720 % 6.34149200 % 1.38561490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.36076590 % 6.38046459 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 4,346,367.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,173,184.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.44694571
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.97
POOL TRADING FACTOR: 94.89522228
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,895.53
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,294.64
SUBSERVICER ADVANCES THIS MONTH 13,587.91
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 965,056.65
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 851,901.73
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 66,173,945.96
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 192
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 688,707.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.87268740 % 6.34149200 % 1.38561490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.78726250 % 6.38046459 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 4,346,367.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,173,184.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.25766822
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.30
POOL TRADING FACTOR: 88.70199827
................................................................................
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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 70,392,017.73 7.000000 % 426,132.85
NB 76110FW58 25,183,000.00 21,560,382.71 7.000000 % 87,967.35
A-P 76110FW66 994,755.29 957,983.80 0.000000 % 4,555.73
A-V 76110FW74 0.00 0.00 0.517670 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,426,000.07 7.000000 % 11,510.89
M-2 76110FX24 531,000.00 519,328.01 7.000000 % 1,744.87
M-3 76110FX32 477,700.00 467,199.62 7.000000 % 1,569.73
B-1 76110FX40 318,400.00 311,401.21 7.000000 % 1,046.27
B-2 76110FX57 212,300.00 207,633.41 7.000000 % 697.62
B-3 76110FX65 265,344.67 259,458.82 7.000000 % 871.75
-------------------------------------------------------------------------------
106,129,599.96 98,101,405.38 536,097.06
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 410,333.20 836,466.05 0.00 0.00 69,965,884.88
NB 125,701.60 213,668.95 0.00 0.00 21,472,415.36
A-P 0.00 4,555.73 0.00 0.00 953,428.07
A-V 42,292.20 42,292.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,970.83 31,481.72 0.00 0.00 3,414,489.18
M-2 3,027.26 4,772.13 0.00 0.00 517,583.14
M-3 2,723.40 4,293.13 0.00 0.00 465,629.89
B-1 1,815.22 2,861.49 0.00 0.00 310,354.94
B-2 1,210.33 1,907.95 0.00 0.00 206,935.79
B-3 1,512.44 2,384.19 0.00 0.00 258,587.09
-------------------------------------------------------------------------------
608,586.48 1,144,683.54 0.00 0.00 97,565,308.34
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 943.036516 5.708869 5.497203 11.206072 0.000000 937.327647
NB 856.148303 3.493124 4.991526 8.484650 0.000000 852.655179
A-P 963.034637 4.579749 0.000000 4.579749 0.000000 958.454889
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-1 978.018861 3.286009 5.701065 8.987074 0.000000 974.732852
M-2 978.018851 3.286008 5.701055 8.987063 0.000000 974.732844
M-3 978.018882 3.286016 5.701068 8.987084 0.000000 974.732866
B-1 978.018876 3.286024 5.701068 8.987092 0.000000 974.732852
B-2 978.018888 3.286010 5.701036 8.987046 0.000000 974.732878
B-3 977.818096 3.285350 5.699907 8.985257 0.000000 974.532820
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 20,404.50
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,395.41
SUBSERVICER ADVANCES THIS MONTH 5,671.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 584,041.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 97,565,308.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 972
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 206,518.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.65633280 % 4.49792500 % 0.79355990 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.64498570 % 4.50744459 % 0.80308740 %
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 7.76774000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 166.50
POOL TRADING FACTOR: 91.93034589
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 15,547.56
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,163.24
SUBSERVICER ADVANCES THIS MONTH 5,671.38
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 584,041.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,333,610.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 901
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 193,722.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.78753740 % 4.54228200 % 0.80138570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.77392520 % 4.55192694 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,122,592.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,878,734.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.85598745
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 166.74
POOL TRADING FACTOR: 93.93760152
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS12 (POOL # 4395)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4395
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,856.94
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,232.17
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 23,231,697.42
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 71
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 12,795.65
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.23048340 % 4.54228200 % 0.80138570 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.22727210 % 4.55192693 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,122,592.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,878,734.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48537827
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 165.73
POOL TRADING FACTOR: 86.04726812
................................................................................
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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 158,406,900.00 149,920,524.46 8.000000 % 1,249,452.63
CB-P 76110FZ55 5,109,900.00 4,836,145.95 0.000000 % 40,304.92
NB 76110FZ63 86,842,100.00 79,136,281.03 7.750000 % 1,263,651.68
A-P 76110FZ71 1,432,398.79 1,409,188.62 0.000000 % 26,200.89
A-V 76110FZ89 0.00 0.00 0.532698 % 0.00
R 76110FZ97 100.00 0.00 7.750000 % 0.00
M-1 76110F2A0 11,328,000.00 11,266,948.04 7.750000 % 7,580.70
M-2 76110F2B8 3,411,900.00 3,393,511.65 7.750000 % 2,283.24
M-3 76110F2C6 2,866,000.00 2,850,553.77 7.750000 % 1,917.93
B-1 76110F2D4 1,637,700.00 1,628,873.65 7.750000 % 1,095.95
B-2 76110F2E2 818,900.00 814,486.56 7.750000 % 548.01
B-3 76110F2F9 1,091,849.28 1,085,793.61 7.750000 % 730.55
-------------------------------------------------------------------------------
272,945,748.07 256,342,307.34 2,593,766.50
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 998,671.49 2,248,124.12 0.00 0.00 148,671,071.83
CB-P 0.00 40,304.92 0.00 0.00 4,795,841.03
NB 510,606.24 1,774,257.92 0.00 0.00 77,872,629.35
A-P 0.00 26,200.89 0.00 0.00 1,382,987.74
A-V 113,697.63 113,697.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,699.26 80,279.96 0.00 0.00 11,259,367.34
M-2 21,896.42 24,179.66 0.00 0.00 3,391,228.41
M-3 18,393.02 20,310.95 0.00 0.00 2,848,635.84
B-1 10,510.20 11,606.15 0.00 0.00 1,627,777.70
B-2 5,255.43 5,803.44 0.00 0.00 813,938.55
B-3 7,006.02 7,736.57 0.00 0.00 1,085,063.06
-------------------------------------------------------------------------------
1,758,735.71 4,352,502.21 0.00 0.00 253,748,540.85
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 946.426731 7.887615 6.304470 14.192085 0.000000 938.539116
CB-P 946.426730 7.887614 0.000000 7.887614 0.000000 938.539116
NB 911.266322 14.551141 5.879709 20.430850 0.000000 896.715180
A-P 983.796293 18.291613 0.000000 18.291613 0.000000 965.504680
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-1 994.610526 0.669200 6.417661 7.086861 0.000000 993.941326
M-2 994.610525 0.669199 6.417662 7.086861 0.000000 993.941326
M-3 994.610527 0.669201 6.417662 7.086863 0.000000 993.941326
B-1 994.610521 0.669201 6.417659 7.086860 0.000000 993.941320
B-2 994.610526 0.669203 6.417670 7.086873 0.000000 993.941324
B-3 994.453749 0.669094 6.416655 7.085749 0.000000 993.784650
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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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 53,151.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,758.36
SUBSERVICER ADVANCES THIS MONTH 44,401.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,019,015.01
(B) TWO MONTHLY PAYMENTS: 3 269,018.52
(C) THREE OR MORE MONTHLY PAYMENTS: 3 811,666.43
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 664,345.13
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 253,748,540.84
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,002
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,421,210.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.74678940 % 6.83110600 % 1.37673480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.66843070 % 6.89628856 % 1.39748840 %
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 8.56036400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.26
POOL TRADING FACTOR: 92.96665826
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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 35,084.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,822.42
SUBSERVICER ADVANCES THIS MONTH 26,477.05
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,813,201.27
(B) TWO MONTHLY PAYMENTS: 3 269,018.52
(C) THREE OR MORE MONTHLY PAYMENTS: 2 204,666.43
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 164,764.15
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 167,852,108.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,746
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 1,203,680.97
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.84355600 % 6.83110600 % 1.37673480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.78558490 % 6.89628856 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 5,458,915.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,729,457.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.64469906
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.22
POOL TRADING FACTOR: 94.30290755
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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 18,067.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,935.94
SUBSERVICER ADVANCES THIS MONTH 17,924.79
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,205,813.74
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 1 607,000.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 499,580.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,896,432.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 256
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 1,217,529.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.55813820 % 6.83110600 % 1.37673480 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.43841820 % 6.89628856 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 175,000.00
FRAUD AMOUNT AVAILABLE 5,458,915.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,729,457.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.39556305
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.35
POOL TRADING FACTOR: 90.46182160
................................................................................
Run: 05/25/00 08:06:45 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 138,880,000.00 129,212,172.40 7.500000 % 1,425,677.27
A-2 76110F2H5 27,776,000.00 25,842,434.47 6.744500 % 285,135.45
A-3 76110F2J1 0.00 0.00 2.255500 % 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 865,434.18 818,679.65 0.000000 % 1,379.44
A-V 76110F2N2 0.00 0.00 0.580284 % 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 8,670,632.89 7.750000 % 5,621.02
M-2 76110F2S1 2,718,000.00 2,709,448.17 7.750000 % 1,756.49
M-3 76110F2T9 2,391,800.00 2,384,274.51 7.750000 % 1,545.68
B-1 76110F2U6 1,413,400.00 1,408,952.93 7.750000 % 913.40
B-2 76110F2V4 652,300.00 650,247.62 7.750000 % 421.54
B-3 76110F2W2 869,779.03 867,042.38 7.750000 % 562.10
-------------------------------------------------------------------------------
217,433,913.21 205,732,885.02 1,723,012.39
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 807,471.19 2,233,148.46 0.00 0.00 127,786,495.13
A-2 145,226.39 430,361.84 0.00 0.00 25,557,299.02
A-3 48,566.70 48,566.70 0.00 0.00 0.00
A-4 73,783.34 73,783.34 0.00 0.00 11,426,000.00
A-5 140,405.30 140,405.30 0.00 0.00 21,743,000.00
A-P 0.00 1,379.44 0.00 0.00 817,300.21
A-V 99,473.32 99,473.32 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 55,990.57 61,611.59 0.00 0.00 8,665,011.87
M-2 17,496.25 19,252.74 0.00 0.00 2,707,691.68
M-3 15,396.44 16,942.12 0.00 0.00 2,382,728.83
B-1 9,098.31 10,011.71 0.00 0.00 1,408,039.53
B-2 4,198.97 4,620.51 0.00 0.00 649,826.08
B-3 5,598.92 6,161.02 0.00 0.00 866,480.28
-------------------------------------------------------------------------------
1,422,705.70 3,145,718.09 0.00 0.00 204,009,872.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 930.387186 10.265533 5.814165 16.079698 0.000000 920.121653
A-2 930.387186 10.265533 5.228485 15.494018 0.000000 920.121653
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 1000.000000 0.000000 6.457495 6.457495 0.000000 1000.000000
A-5 1000.000000 0.000000 6.457494 6.457494 0.000000 1000.000000
A-P 945.975637 1.593928 0.000000 1.593928 0.000000 944.381709
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-1 996.853632 0.646243 6.437178 7.083421 0.000000 996.207389
M-2 996.853631 0.646244 6.437178 7.083422 0.000000 996.207388
M-3 996.853629 0.646241 6.437177 7.083418 0.000000 996.207388
B-1 996.853637 0.646243 6.437180 7.083423 0.000000 996.207394
B-2 996.853626 0.646236 6.437176 7.083412 0.000000 996.207389
B-3 996.853626 0.646233 6.437175 7.083408 0.000000 996.207370
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:45 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 42,822.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,549.19
SUBSERVICER ADVANCES THIS MONTH 29,074.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 2,865,554.33
(B) TWO MONTHLY PAYMENTS: 4 666,880.69
(C) THREE OR MORE MONTHLY PAYMENTS: 3 242,558.34
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 204,009,872.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,583
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 1,589,503.04
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.85483580 % 6.71713100 % 1.42803320 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.79114760 % 6.74253270 % 1.43919920 %
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 8.62396831
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.62
POOL TRADING FACTOR: 93.82615141
................................................................................
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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 112,000,000.00 105,082,189.10 7.000000 % 1,134,459.78
A-2 76110F2Y8 20,028,000.00 20,028,000.00 7.750000 % 0.00
A-3 76110F2Z5 48,000,000.00 45,035,223.89 6.594500 % 486,197.05
A-4 76110F3A9 0.00 0.00 2.905500 % 0.00
A-5 76110F3B7 20,253,000.00 20,183,631.25 7.750000 % 12,486.09
A-P 76110F3C5 242,044.80 240,680.20 0.000000 % 224.66
A-V 76110F3D3 0.00 0.00 0.725842 % 0.00
R-I 76110F3E1 100.00 0.00 7.750000 % 0.00
R-II 76110F3F8 100.00 0.00 7.750000 % 0.00
M-1 76110F3G6 8,695,000.00 8,665,218.67 7.750000 % 5,360.52
M-2 76110F3H4 2,825,900.00 2,816,220.99 7.750000 % 1,742.18
M-3 76110F3J0 2,391,000.00 2,382,810.56 7.750000 % 1,474.07
B-1 76110F3K7 1,412,900.00 1,408,060.67 7.750000 % 871.06
B-2 76110F3L5 652,100.00 649,866.48 7.750000 % 402.02
B-3 76110F3M3 869,572.62 866,594.22 7.750000 % 536.10
-------------------------------------------------------------------------------
217,369,717.42 207,358,496.03 1,643,753.53
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 612,617.34 1,747,077.12 0.00 0.00 103,947,729.32
A-2 129,271.09 129,271.09 0.00 0.00 20,028,000.00
A-3 247,341.12 733,538.17 0.00 0.00 44,549,026.84
A-4 108,977.13 108,977.13 0.00 0.00 0.00
A-5 130,275.62 142,761.71 0.00 0.00 20,171,145.16
A-P 0.00 224.66 0.00 0.00 240,455.54
A-V 125,350.48 125,350.48 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 55,929.81 61,290.33 0.00 0.00 8,659,858.15
M-2 18,177.35 19,919.53 0.00 0.00 2,814,478.81
M-3 15,379.89 16,853.96 0.00 0.00 2,381,336.49
B-1 9,088.36 9,959.42 0.00 0.00 1,407,189.61
B-2 4,194.57 4,596.59 0.00 0.00 649,464.46
B-3 5,593.44 6,129.54 0.00 0.00 866,058.12
-------------------------------------------------------------------------------
1,462,196.20 3,105,949.73 0.00 0.00 205,714,742.50
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 938.233831 10.129105 5.469798 15.598903 0.000000 928.104726
A-2 1000.000000 0.000000 6.454518 6.454518 0.000000 1000.000000
A-3 938.233831 10.129105 5.152940 15.282045 0.000000 928.104726
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 996.574890 0.616506 6.432411 7.048917 0.000000 995.958384
A-P 994.362201 0.928175 0.000000 0.928175 0.000000 993.434025
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-1 996.574890 0.616506 6.432411 7.048917 0.000000 995.958384
M-2 996.574893 0.616504 6.432411 7.048915 0.000000 995.958389
M-3 996.574889 0.616508 6.432409 7.048917 0.000000 995.958381
B-1 996.574896 0.616505 6.432416 7.048921 0.000000 995.958391
B-2 996.574881 0.616501 6.432403 7.048904 0.000000 995.958381
B-3 996.574869 0.616498 6.432401 7.048899 0.000000 995.958359
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:46 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS15 (POOL # 4416)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4416
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 42,970.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,836.47
SUBSERVICER ADVANCES THIS MONTH 41,828.51
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 4,029,218.29
(B) TWO MONTHLY PAYMENTS: 3 557,273.00
(C) THREE OR MORE MONTHLY PAYMENTS: 3 757,694.10
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 205,714,742.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,460
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 1,515,434.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.89409590 % 6.69389600 % 1.41200860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.83431370 % 6.73538186 % 1.42242240 %
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 8.79073127
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.18
POOL TRADING FACTOR: 94.63817911
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1(POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4420
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110F3N1 130,396,000.00 127,264,349.23 7.750000 % 1,037,120.58
NB-1 76110F3P6 58,661,000.00 51,086,278.48 7.750000 % 1,361,071.77
NB-2 76110F3Q4 4,186,000.00 4,186,000.00 7.750000 % 0.00
NB-3 76110F3R2 6,983,000.00 6,983,000.00 7.750000 % 0.00
A-P 76110F3S0 496,620.41 490,199.27 0.000000 % 468.13
A-V 76110F3T8 0.00 0.00 0.643069 % 0.00
R 76110F3U5 100.00 0.00 7.750000 % 0.00
M-1 76110F3V3 9,273,000.00 9,256,335.75 7.750000 % 9,521.54
M-2 76110F3W1 3,273,000.00 3,267,118.18 7.750000 % 3,360.73
M-3 76110F3X9 2,073,000.00 2,069,274.67 7.750000 % 2,128.56
B-1 76110F3Y7 1,309,100.00 1,306,747.46 7.750000 % 1,344.19
B-2 76110F3Z4 654,500.00 653,323.82 7.750000 % 672.04
B-3 76110F4A8 872,717.76 871,150.32 7.750000 % 896.11
-------------------------------------------------------------------------------
218,178,038.17 207,433,777.18 2,416,583.65
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 821,429.03 1,858,549.61 0.00 0.00 126,227,228.65
NB-1 329,613.32 1,690,685.09 0.00 0.00 49,725,206.71
NB-2 27,008.45 27,008.45 0.00 0.00 4,186,000.00
NB-3 45,054.95 45,054.95 0.00 0.00 6,983,000.00
A-P 0.00 468.13 0.00 0.00 489,731.14
A-V 111,082.35 111,082.35 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 59,733.35 69,254.89 0.00 0.00 9,246,814.21
M-2 21,083.50 24,444.23 0.00 0.00 3,263,757.45
M-3 13,353.53 15,482.09 0.00 0.00 2,067,146.11
B-1 8,432.75 9,776.94 0.00 0.00 1,305,403.27
B-2 4,216.05 4,888.09 0.00 0.00 652,651.78
B-3 5,621.74 6,517.85 0.00 0.00 870,254.22
-------------------------------------------------------------------------------
1,446,629.02 3,863,212.67 0.00 0.00 205,017,193.54
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 975.983537 7.953623 6.299496 14.253119 0.000000 968.029914
NB-1 870.872956 23.202328 5.618952 28.821280 0.000000 847.670628
NB-2 1000.000000 0.000000 6.452090 6.452090 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.452091 6.452091 0.000000 1000.000000
A-P 987.070326 0.942630 0.000000 0.942630 0.000000 986.127696
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-1 998.202928 1.026803 6.441642 7.468445 0.000000 997.176125
M-2 998.202927 1.026804 6.441644 7.468448 0.000000 997.176123
M-3 998.202928 1.026802 6.441645 7.468447 0.000000 997.176126
B-1 998.202933 1.026805 6.441639 7.468444 0.000000 997.176129
B-2 998.202934 1.026799 6.441635 7.468434 0.000000 997.176135
B-3 998.203955 1.026804 6.441647 7.468451 0.000000 997.177162
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:54 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,186.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,027.82
SUBSERVICER ADVANCES THIS MONTH 41,117.70
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,973,317.55
(B) TWO MONTHLY PAYMENTS: 3 267,241.35
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,048,377.75
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 205,017,193.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,533
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 2,200,873.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 86,706.10
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.58033780 % 7.03488500 % 1.36487970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.48963820 % 7.11048548 % 1.38285060 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,363,561.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,181,780.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.69638100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.60
POOL TRADING FACTOR: 93.96784170
Run: 05/25/00 08:06:54 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,996.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,027.82
SUBSERVICER ADVANCES THIS MONTH 30,430.90
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,579,753.91
(B) TWO MONTHLY PAYMENTS: 3 267,241.35
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,048,377.75
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 137,724,143.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,338
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 879,012.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 86,706.10
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.82199930 % 7.03488500 % 1.36487980 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.76973830 % 7.11048548 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,363,561.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,181,780.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79722673
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.88
POOL TRADING FACTOR: 97.03583273
Run: 05/25/00 08:06:54 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1 (POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4420
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,190.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 10,686.80
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,393,563.64
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 67,293,050.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 195
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 1,321,861.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.09026190 % 7.03488500 % 1.36487970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.91443190 % 7.11048548 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,363,561.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,181,780.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.48998730
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.07
POOL TRADING FACTOR: 88.25686600
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4425
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F4B6 15,000,000.00 14,134,421.07 7.750000 % 709,831.75
A-2 76110F4C4 83,021,000.00 79,874,851.43 7.750000 % 2,580,049.11
A-3 76110F4D2 25,652,000.00 25,652,000.00 7.750000 % 0.00
A-4 76110F4E0 17,862,000.00 17,862,000.00 7.750000 % 0.00
A-5 76110F4F7 17,150,000.00 17,150,000.00 7.750000 % 0.00
A-6 76110F4G5 20,000,000.00 20,000,000.00 7.750000 % 0.00
A-7 76110F4H3 21,888,000.00 21,888,000.00 7.750000 % 0.00
A-P 76110F4J9 250,505.68 250,056.16 0.000000 % 223.52
R-I 76110F4K6 100.00 0.00 7.750000 % 0.00
R-II 76110F4L4 100.00 0.00 7.750000 % 0.00
M-1 76110F4M2 9,850,100.00 9,838,684.14 7.750000 % 5,813.89
M-2 76110F4N0 2,845,500.00 2,842,202.18 7.750000 % 1,679.52
M-3 76110F4P5 2,407,700.00 2,404,909.57 7.750000 % 1,421.11
IO-A 0.00 0.00 0.775818 % 0.00
IO-B 0.00 0.00 0.775818 % 0.00
B-1 76110F4Q3 1,422,700.00 1,421,051.15 7.750000 % 839.73
B-2 76110F4R1 656,700.00 655,938.91 7.750000 % 387.61
B-3 76110F4S9 875,528.01 874,513.32 7.750000 % 516.77
-------------------------------------------------------------------------------
218,881,933.69 214,848,627.93 3,300,763.01
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 91,188.55 801,020.30 0.00 0.00 13,424,589.32
A-2 515,314.48 3,095,363.59 0.00 0.00 77,294,802.32
A-3 165,494.48 165,494.48 0.00 0.00 25,652,000.00
A-4 115,237.11 115,237.11 0.00 0.00 17,862,000.00
A-5 110,643.63 110,643.63 0.00 0.00 17,150,000.00
A-6 129,030.47 129,030.47 0.00 0.00 20,000,000.00
A-7 141,210.94 141,210.94 0.00 0.00 21,888,000.00
A-P 0.00 223.52 0.00 0.00 249,832.64
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 63,474.50 69,288.39 0.00 0.00 9,832,870.25
M-2 18,336.53 20,016.05 0.00 0.00 2,840,522.66
M-3 15,515.33 16,936.44 0.00 0.00 2,403,488.46
IO-A 133,326.70 133,326.70 0.00 0.00 0.00
IO-B 5,268.21 5,268.21 0.00 0.00 0.00
B-1 9,167.94 10,007.67 0.00 0.00 1,420,211.42
B-2 4,231.80 4,619.41 0.00 0.00 655,551.30
B-3 5,641.94 6,158.71 0.00 0.00 873,996.55
-------------------------------------------------------------------------------
1,523,082.61 4,823,845.62 0.00 0.00 211,547,864.92
===============================================================================
Run: 05/25/00 08:06:48
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2(POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4425
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 942.294738 47.322117 6.079237 53.401354 0.000000 894.972621
A-2 962.104184 31.077066 6.207038 37.284104 0.000000 931.027118
A-3 1000.000000 0.000000 6.451523 6.451523 0.000000 1000.000000
A-4 1000.000000 0.000000 6.451523 6.451523 0.000000 1000.000000
A-5 1000.000000 0.000000 6.451524 6.451524 0.000000 1000.000000
A-6 1000.000000 0.000000 6.451524 6.451524 0.000000 1000.000000
A-7 1000.000000 0.000000 6.451523 6.451523 0.000000 1000.000000
A-P 998.205550 0.892275 0.000000 0.892275 0.000000 997.313275
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-1 998.841041 0.590237 6.444046 7.034283 0.000000 998.250805
M-2 998.841040 0.590237 6.444045 7.034282 0.000000 998.250803
M-3 998.841039 0.590235 6.444046 7.034281 0.000000 998.250804
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 998.841042 0.590237 6.444043 7.034280 0.000000 998.250805
B-2 998.841039 0.590239 6.444038 7.034277 0.000000 998.250800
B-3 998.841054 0.590238 6.444043 7.034281 0.000000 998.250816
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS2 (POOL # 4425)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4425
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,400.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 51,949.91
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 31 4,993,785.08
(B) TWO MONTHLY PAYMENTS: 7 1,281,233.66
(C) THREE OR MORE MONTHLY PAYMENTS: 1 270,000.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 211,547,864.92
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,503
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 3,173,740.37
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.59486520 % 7.02977500 % 1.37536020 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.46861880 % 7.12693620 % 1.39601830 %
BANKRUPTCY AMOUNT AVAILABLE 157,492.00
FRAUD AMOUNT AVAILABLE 4,377,639.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,188,819.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.83329260
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.60
POOL TRADING FACTOR: 96.64930374
................................................................................
Run: 05/25/00 08:06:50 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3(POOL # 4432)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4432
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F5F6 115,869,000.00 111,066,595.10 7.750000 % 4,252,028.04
A-2 76110F5G4 40,867,000.00 40,867,000.00 7.750000 % 0.00
A-3 76110F5J8 21,838,000.00 21,838,000.00 7.750000 % 0.00
A-4 76110F5K5 21,838,000.00 21,838,000.00 7.750000 % 0.00
A-P 76110F5L3 499,056.21 498,570.68 0.000000 % 4,748.68
R-I 76110F5M1 100.00 0.00 7.750000 % 0.00
R-II 76110F5N9 100.00 0.00 7.750000 % 0.00
M-1 76110F5P4 9,281,800.00 9,276,609.22 7.750000 % 5,280.38
M-2 76110F5Q2 2,839,000.00 2,837,412.31 7.750000 % 1,615.10
M-3 76110F5R0 2,402,200.00 2,400,856.59 7.750000 % 1,366.60
IO-A 0.00 0.00 0.892535 % 0.00
IO-B 0.00 0.00 0.892535 % 0.00
B-1 76110F5S8 1,419,500.00 1,418,706.16 7.750000 % 807.55
B-2 76110F5T6 655,100.00 654,733.64 7.750000 % 372.68
B-3 76110F5U3 873,616.21 873,127.65 7.750000 % 497.00
-------------------------------------------------------------------------------
218,382,472.42 213,569,611.35 4,266,716.03
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 717,123.40 4,969,151.44 0.00 0.00 106,814,567.06
A-2 263,865.86 263,865.86 0.00 0.00 40,867,000.00
A-3 141,001.36 141,001.36 0.00 0.00 21,838,000.00
A-4 141,001.36 141,001.36 0.00 0.00 21,838,000.00
A-P 0.00 4,748.68 0.00 0.00 493,822.00
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 59,896.25 65,176.63 0.00 0.00 9,271,328.84
M-2 18,320.31 19,935.41 0.00 0.00 2,835,797.21
M-3 15,501.60 16,868.20 0.00 0.00 2,399,489.99
IO-A 153,481.24 153,481.24 0.00 0.00 0.00
IO-B 4,956.41 4,956.41 0.00 0.00 0.00
B-1 9,160.16 9,967.71 0.00 0.00 1,417,898.61
B-2 4,227.42 4,600.10 0.00 0.00 654,360.96
B-3 5,637.52 6,134.52 0.00 0.00 872,630.65
-------------------------------------------------------------------------------
1,534,172.89 5,800,888.92 0.00 0.00 209,302,895.32
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 958.553151 36.696856 6.189088 42.885944 0.000000 921.856295
A-2 1000.000000 0.000000 6.456698 6.456698 0.000000 1000.000000
A-3 1000.000000 0.000000 6.456697 6.456697 0.000000 1000.000000
A-4 1000.000000 0.000000 6.456697 6.456697 0.000000 1000.000000
A-P 999.027104 9.515321 0.000000 9.515321 0.000000 989.511783
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-1 999.440757 0.568896 6.453086 7.021982 0.000000 998.871861
M-2 999.440757 0.568897 6.453086 7.021983 0.000000 998.871860
M-3 999.440758 0.568895 6.453085 7.021980 0.000000 998.871863
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 999.440761 0.568897 6.453089 7.021986 0.000000 998.871863
B-2 999.440757 0.568890 6.453091 7.021981 0.000000 998.871867
B-3 999.440761 0.568900 6.453085 7.021985 0.000000 998.871862
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:50 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS3 (POOL # 4432)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4432
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,018.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 63,904.57
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 7,467,200.03
(B) TWO MONTHLY PAYMENTS: 6 548,249.81
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 209,302,895.32
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,513
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 4,145,006.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.80487150 % 6.81222500 % 1.38290380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.64236210 % 6.93091991 % 1.41032680 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 4,367,649.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,183,825.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.94135023
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 354.34
POOL TRADING FACTOR: 95.84235081
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4(POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4433
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110F4T7 80,517,000.00 80,195,325.87 7.500000 % 735,740.61
NB 76110F4U4 21,235,000.00 21,157,113.45 7.500000 % 1,048,646.11
A-P 76110F4V2 933,718.95 930,189.66 0.000000 % 3,568.12
R-I 76110F4WO 100.00 0.00 7.500000 % 0.00
R-II 76110F4X8 100.00 0.00 7.500000 % 0.00
M-1 76110F4Y6 3,459,000.00 3,448,517.03 7.500000 % 10,460.21
M-2 76110F4Z3 649,000.00 647,033.12 7.500000 % 1,962.61
M-3 76110F5D1 487,000.00 485,524.08 7.500000 % 1,472.72
IO-A 0.00 0.00 0.548391 % 0.00
IO-B 0.00 0.00 0.548391 % 0.00
B-1 76110F5A7 324,300.00 323,317.16 7.500000 % 980.70
B-2 76110F5B5 216,200.00 215,544.78 7.500000 % 653.80
B-3 76110F5C3 270,246.88 269,424.82 7.500000 % 817.21
-------------------------------------------------------------------------------
108,091,665.83 107,671,989.97 1,804,302.09
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 500,874.80 1,236,615.41 0.00 0.00 79,459,585.26
NB 132,167.17 1,180,813.28 0.00 0.00 20,108,467.34
A-P 0.00 3,568.12 0.00 0.00 926,621.54
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 21,538.19 31,998.40 0.00 0.00 3,438,056.82
M-2 4,041.14 6,003.75 0.00 0.00 645,070.51
M-3 3,032.41 4,505.13 0.00 0.00 484,051.36
IO-A 43,854.73 43,854.73 0.00 0.00 0.00
IO-B 4,893.85 4,893.85 0.00 0.00 0.00
B-1 2,019.32 3,000.02 0.00 0.00 322,336.46
B-2 1,346.21 2,000.01 0.00 0.00 214,890.98
B-3 1,682.73 2,499.94 0.00 0.00 268,607.59
-------------------------------------------------------------------------------
715,450.55 2,519,752.64 0.00 0.00 105,867,687.86
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 996.004892 9.137705 6.220734 15.358439 0.000000 986.867187
NB 996.332162 49.382911 6.224025 55.606936 0.000000 946.949251
A-P 996.220180 3.821402 0.000000 3.821402 0.000000 992.398777
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.969364 3.024056 6.226710 9.250766 0.000000 993.945308
M-2 996.969368 3.024052 6.226718 9.250770 0.000000 993.945316
M-3 996.969363 3.024066 6.226715 9.250781 0.000000 993.945298
IO-A 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
IO-B 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
B-1 996.969349 3.024052 6.226704 9.250756 0.000000 993.945298
B-2 996.969380 3.024052 6.226688 9.250740 0.000000 993.945328
B-3 996.958115 3.023939 6.226640 9.250579 0.000000 993.934086
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
Run: 05/25/00 08:06:54 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,278.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,823.93
SUBSERVICER ADVANCES THIS MONTH 6,381.53
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 657,938.74
(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 105,867,687.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,022
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 1,477,213.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.95103050 % 4.25465700 % 0.75069360 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.87997030 % 4.31404405 % 0.76789290 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.29028400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 171.42
POOL TRADING FACTOR: 97.94250745
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Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,648.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,823.93
SUBSERVICER ADVANCES THIS MONTH 6,381.53
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 657,938.74
(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 84,184,287.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 961
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 495,226.71
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.96515960 % 4.29173400 % 0.75723550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.93537660 % 4.35213673 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.39617300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 171.78
POOL TRADING FACTOR: 98.72565661
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS4 (POOL # 4433)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4433
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 4,629.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 21,683,400.74
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 61
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 981,986.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.89751260 % 4.29173400 % 0.75723550 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.66166130 % 4.35213674 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 2,161,833.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,968,867.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.87917933
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 170.02
POOL TRADING FACTOR: 95.01622744
................................................................................
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5(POOL # 4438)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4438
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F5V1 92,675,000.00 92,675,000.00 7.750000 % 396,086.63
A-2 76110F5W9 74,478,000.00 74,478,000.00 7.750000 % 692,677.90
A-3 76110F5X7 10,750,000.00 10,750,000.00 7.750000 % 0.00
A-4 76110F5Y5 21,700,000.00 21,700,000.00 7.750000 % 0.00
A-5 76110F5Z2 1,075,000.00 1,075,000.00 7.750000 % 549,557.66
A-P 76110F6A6 145,114.60 145,114.60 0.000000 % 144.71
A-V 76110F6B4 0.00 0.00 1.008518 % 0.00
R 76110F6C2 100.00 100.00 7.750000 % 100.00
M-1 76110F6D0 8,141,800.00 8,141,800.00 7.750000 % 4,540.76
M-2 76110F6E8 2,822,400.00 2,822,400.00 7.750000 % 1,574.08
M-3 76110F6F5 2,388,200.00 2,388,200.00 7.750000 % 1,331.92
B-1 76110F6G3 1,411,200.00 1,411,200.00 7.750000 % 787.04
B-2 76110F6H1 651,400.00 651,400.00 7.750000 % 363.29
B-3 76110F6J7 868,514.12 868,514.12 7.750000 % 484.37
-------------------------------------------------------------------------------
217,106,728.72 217,106,728.72 1,647,648.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 597,899.59 993,986.22 0.00 0.00 92,278,913.37
A-2 480,500.31 1,173,178.21 0.00 0.00 73,785,322.10
A-3 69,354.41 69,354.41 0.00 0.00 10,750,000.00
A-4 139,999.15 139,999.15 0.00 0.00 21,700,000.00
A-5 0.00 549,557.66 6,935.44 0.00 532,377.78
A-P 0.00 144.71 0.00 0.00 144,969.89
A-V 182,272.43 182,272.43 0.00 0.00 0.00
R 0.65 100.65 0.00 0.00 0.00
M-1 52,527.42 57,068.18 0.00 0.00 8,137,259.24
M-2 18,208.92 19,783.00 0.00 0.00 2,820,825.92
M-3 15,407.65 16,739.57 0.00 0.00 2,386,868.08
B-1 9,104.46 9,891.50 0.00 0.00 1,410,412.96
B-2 4,202.56 4,565.85 0.00 0.00 651,036.71
B-3 5,603.28 6,087.65 0.00 0.00 868,029.75
-------------------------------------------------------------------------------
1,575,080.83 3,222,729.19 6,935.44 0.00 215,466,015.80
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 1000.000000 4.273932 6.451574 10.725506 0.000000 995.726068
A-2 1000.000000 9.300436 6.451574 15.752010 0.000000 990.699564
A-3 1000.000000 0.000000 6.451573 6.451573 0.000000 1000.000000
A-4 1000.000000 0.000000 6.451574 6.451574 0.000000 1000.000000
A-5 1000.000000 511.216428 0.000000 511.216428 6.451572 495.235144
A-P 1000.000000 0.997212 0.000000 0.997212 0.000000 999.002788
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 1000.000000 1000.000000 6.500000 1006.500000 0.000000 0.000000
M-1 1000.000000 0.557710 6.451573 7.009283 0.000000 999.442290
M-2 1000.000000 0.557710 6.451573 7.009283 0.000000 999.442290
M-3 1000.000000 0.557709 6.451574 7.009283 0.000000 999.442291
B-1 1000.000000 0.557710 6.451573 7.009283 0.000000 999.442290
B-2 1000.000000 0.557706 6.451581 7.009287 0.000000 999.442294
B-3 1000.000000 0.557700 6.451570 7.009270 0.000000 999.442300
_______________________________________________________________________________
DETERMINATION DATE 22-May-00
DISTRIBUTION DATE 25-May-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS5 (POOL # 4438)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4438
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 45,259.80
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 13,409.26
SUBSERVICER ADVANCES THIS MONTH 16,136.46
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 2,057,604.84
(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 215,466,015.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,505
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 1,519,598.33
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.49474880 % 6.15426800 % 1.35098280 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.44178260 % 6.19353042 % 1.36051700 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 4,342,135.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,171,067.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.08052521
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 356.21
POOL TRADING FACTOR: 99.24428279
................................................................................
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