SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
February 28, 2000
RESIDENTIAL ACCREDIT LOANS, INC.
(Exact name of the registrant as specified in it's charter)
33-95932, 333-8733, 333-33493
333-48327, 333-63549 51-0368240
333-72661
Delaware (Commission File Number) (I.R.S. Employee
(STATE OR OTHER Identification No.)
jurisdiction of
incorporation)
8400 Normandale Lake Boulevard 55437
Minneapolis, Minnesota (Zip Code)
(Address of Principal
Executive Offices)
Registrant's telephone number, including area code
(612) 832-7000
Item 5. Other Events
See the respective monthly reports, each reflecting the required information for
the February, 2000 distribution to holders of the following series of Conduit
Mortgage Pass-Through Certificates.
<PAGE>
Master Serviced by Residential Funding Corporation
1995-QS1 RALI
1996-QS1 RALI
1996-QS2 RALI
1996-QS3 RALI
1996-QS4 RALI
1996-QS5 RALI
1996-QS6 RALI
1996-QS7 RALI
1996-QS8 RALI
1997-QPCR1 RALI
1997-QPCR2 RALI
1997-QPCR3 RALI
1997-QS1 RALI
1997-QS10 RALI
1997-QS11 RALI
1997-QS12 RALI
1997-QS13 RALI
1997-QS2 RALI
1997-QS3 RALI
1997-QS4 RALI
1997-QS5 RALI
1997-QS6 RALI
1997-QS7 RALI
1997-QS8 RALI
1997-QS9 RALI
1998-QS1 RALI
1998-QS10 RALI
1998-QS11 RALI
1998-QS12 RALI
1998-QS13 RALI
1998-QS14 RALI
1998-QS15 RALI
1998-QS16 RALI
1998-QS17 RALI
1998-QS2 RALI
1998-QS3 RALI
1998-QS4 RALI
1998-QS5 RALI
1998-QS6 RALI
1998-QS7 RALI
1998-QS8 RALI
1998-QS9 RALI
1999-QS1 RALI
<PAGE>
1999-QS10 RALI
1999-QS11 RALI
1999-QS12 RALI
1999-QS13 RALI
1999-QS14 RALI
1999-QS15 RALI
1999-QS2 RALI
1999-QS3 RALI
1999-QS4 RALI
1999-QS5 RALI
1999-QS6 RALI
1999-QS7 RALI
1999-QS8 RALI
1999-QS9 RALI
2000-QS1 RALI
Item 7. Financial Statements and Exhibits
(a) Not applicable (b) Not applicable (c) See Item 5.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities ExchangeAct of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RESIDENTIAL ACCREDIT LOANS, INC.
BY: /S/ DAVEE OLSON
Name: Davee Olson
Title: Chief Financial Officer
Dated: February 28, 2000
<PAGE>
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1995-QS1(POOL # 4180)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4180
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FAA1 54,500,000.00 0.00 6.600000 % 0.00
A-2 76110FAB9 82,500,000.00 0.00 6.900000 % 0.00
A-3 76110FAC7 22,250,000.00 0.00 7.300000 % 0.00
A-4 76110FAD5 46,000,000.00 20,648,604.04 7.500000 % 1,179,704.88
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 1,379,499.34 0.000000 % 25,231.48
- -------------------------------------------------------------------------------
258,459,514.42 75,237,103.38 1,204,936.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 129,053.78 1,308,758.66 0.00 0.00 19,468,899.16
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 87,249.52 112,481.00 0.00 0.00 1,354,267.86
- -------------------------------------------------------------------------------
548,859.55 1,753,795.91 0.00 0.00 74,032,167.02
===============================================================================
_______________________________________________________________________________
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-4 448.882697 25.645758 2.805517 28.451275 0.000000 423.236938
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 21-February-00
DISTRIBUTION DATE 25-February-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 15,451.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,882.16
SUBSERVICER ADVANCES THIS MONTH 45,138.96
MASTER SERVICER ADVANCES THIS MONTH 5,691.61
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 3,204,446.27
(B) TWO MONTHLY PAYMENTS: 5 870,025.07
(C) THREE OR MORE MONTHLY PAYMENTS: 2 131,688.03
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 1,050,836.87
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 74,032,167.02
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 956
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 5
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 680,039.50
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,093,645.85
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.16646400 % 1.83353600 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.17070350 % 1.82929650 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.32441516
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 270.91
POOL TRADING FACTOR: 28.64362227
................................................................................
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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 12,071,032.88 6.900000 % 407,336.29
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 7,098,651.38 5.470497 % 8,133.74
R 0.53 1,383,831.92 0.000000 % 19,678.12
- -------------------------------------------------------------------------------
255,942,104.53 73,505,652.18 435,148.15
===============================================================================
_______________________________________________________________________________
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 69,408.44 476,744.73 0.00 0.00 11,663,696.59
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 34,369.65 42,503.39 0.00 0.00 7,090,517.64
R 104,587.98 124,266.10 0.00 0.00 1,364,153.80
- -------------------------------------------------------------------------------
516,696.07 951,844.22 0.00 0.00 73,070,504.03
===============================================================================
_______________________________________________________________________________
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-4 378.972525 12.788405 2.179092 14.967497 0.000000 366.184120
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 241.656480 0.276894 1.170032 1.446926 0.000000 241.379587
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 15,966.14
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,776.74
SUBSERVICER ADVANCES THIS MONTH 59,080.33
MASTER SERVICER ADVANCES THIS MONTH 477.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 4,066,455.69
(B) TWO MONTHLY PAYMENTS: 3 255,916.95
(C) THREE OR MORE MONTHLY PAYMENTS: 10 758,350.64
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,952,693.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 73,070,504.03
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 771
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 62,646.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 336,977.25
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 98.11738030 % 1.88261970 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 98.13309920 % 1.86690080 %
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 8.92683500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 282.66
POOL TRADING FACTOR: 28.54962225
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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 13,711.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,390.77
SUBSERVICER ADVANCES THIS MONTH 51,056.14
MASTER SERVICER ADVANCES THIS MONTH 477.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 3,781,995.38
(B) TWO MONTHLY PAYMENTS: 3 255,916.95
(C) THREE OR MORE MONTHLY PAYMENTS: 8 671,026.00
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,248,004.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 65,539,361.86
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 705
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 62,646.80
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 336,206.68
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 1.42983050 %
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 8.99893609
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 280.07
POOL TRADING FACTOR: 28.92712641
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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 2,254.40
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 385.97
SUBSERVICER ADVANCES THIS MONTH 8,024.19
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 284,460.31
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 87,324.64
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 704,689.74
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,531,142.17
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 770.57
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 0.00000000 % 5.84438790 %
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 8.29938209
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 305.20
POOL TRADING FACTOR: 25.63795834
................................................................................
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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 14,000,000.00 428,279.84 7.350000 % 428,279.84
A-6 76110FAX1 10,000,000.00 10,000,000.00 7.450000 % 407,376.39
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 92,714.52 0.000000 % 135.55
R 0.00 1,772,256.90 0.000000 % 0.00
- -------------------------------------------------------------------------------
181,911,418.00 70,526,662.26 835,791.78
===============================================================================
_______________________________________________________________________________
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 2,623.21 430,903.05 0.00 0.00 0.00
A-6 62,083.33 469,459.72 0.00 0.00 9,592,623.61
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 0.00 135.55 0.00 0.00 92,578.97
R 22,979.24 22,979.24 46,857.28 0.00 1,819,114.18
- -------------------------------------------------------------------------------
446,227.93 1,282,019.71 46,857.28 0.00 69,737,727.76
===============================================================================
_______________________________________________________________________________
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 30.591417 30.591417 0.187372 30.778789 0.000000 0.000000
A-6 1000.000000 40.737639 6.208333 46.945972 0.000000 959.262361
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-10 520.847607 0.761487 0.000000 0.761487 0.000000 520.086120
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 14,537.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,531.42
SUBSERVICER ADVANCES THIS MONTH 50,341.57
MASTER SERVICER ADVANCES THIS MONTH 2,487.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 4,152,953.61
(B) TWO MONTHLY PAYMENTS: 9 588,118.96
(C) THREE OR MORE MONTHLY PAYMENTS: 4 243,906.23
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,412,521.18
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 69,737,727.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 768
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 332,435.08
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 697,596.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 97.48711080 % 2.51288920 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 97.39149200 % 2.60850800 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.80544832
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 286.44
POOL TRADING FACTOR: 38.33609156
................................................................................
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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 14,616,388.23 7.750000 % 2,132,692.78
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 7,816,882.87 7.750000 % 91,029.67
A-P 76110FBQ5 1,166,695.86 717,800.50 0.000000 % 5,148.89
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 11,889,047.08 7.750000 % 14,879.25
M-2 76110FBU6 5,568,000.00 5,283,810.00 7.750000 % 6,612.74
M-3 76110FBV4 4,176,000.00 3,962,857.53 7.750000 % 4,959.55
B-1 1,809,600.00 1,717,238.24 7.750000 % 2,149.14
B-2 696,000.00 660,476.23 7.750000 % 826.59
B-3 1,670,738.96 1,290,847.16 7.750000 % 1,615.51
A-V 76110FHY2 0.00 0.00 0.670093 % 0.00
STRIP 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
278,404,734.82 107,975,909.84 2,259,914.12
===============================================================================
_______________________________________________________________________________
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 94,351.32 2,227,044.10 0.00 0.00 12,483,695.45
A-I-9 162,315.33 162,315.33 0.00 0.00 25,145,000.00
A-I-10 122,648.29 122,648.29 0.00 0.00 19,000,000.00
A-I-11 102,479.50 102,479.50 0.00 0.00 15,875,562.00
A-II 50,459.34 141,489.01 0.00 0.00 7,725,853.20
A-P 0.00 5,148.89 0.00 0.00 712,651.61
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 76,745.86 91,625.11 0.00 0.00 11,874,167.83
M-2 34,107.91 40,720.65 0.00 0.00 5,277,197.26
M-3 25,580.93 30,540.48 0.00 0.00 3,957,897.98
B-1 11,085.07 13,234.21 0.00 0.00 1,715,089.10
B-2 4,263.49 5,090.08 0.00 0.00 659,649.64
B-3 8,332.64 9,948.15 0.00 0.00 1,289,231.66
A-V 60,265.45 60,265.45 0.00 0.00 0.00
STRIP 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
752,635.13 3,012,549.25 0.00 0.00 105,715,995.73
===============================================================================
Run: 02/28/00 13:02:15
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-8 838.287923 122.315484 5.411294 127.726778 0.000000 715.972439
A-I-9 1000.000000 0.000000 6.455173 6.455173 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.455173 6.455173 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.455173 6.455173 0.000000 1000.000000
A-II 380.356979 4.429358 2.455271 6.884629 0.000000 375.927621
A-P 615.242176 4.413222 0.000000 4.413222 0.000000 610.828954
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 948.960137 1.187632 6.125702 7.313334 0.000000 947.772505
M-2 948.960129 1.187633 6.125702 7.313335 0.000000 947.772496
M-3 948.960136 1.187632 6.125702 7.313334 0.000000 947.772505
B-1 948.960124 1.187633 6.125702 7.313335 0.000000 947.772491
B-2 948.960101 1.187629 6.125704 7.313333 0.000000 947.772471
B-3 772.620494 0.966943 4.987398 5.954341 0.000000 771.653555
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 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS3 (POOL # 4211)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4211
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,398.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,354.70
SUBSERVICER ADVANCES THIS MONTH 42,515.02
MASTER SERVICER ADVANCES THIS MONTH 3,740.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 35 4,211,761.05
(B) TWO MONTHLY PAYMENTS: 7 468,766.19
(C) THREE OR MORE MONTHLY PAYMENTS: 2 90,901.35
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 493,224.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 105,715,995.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,150
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 5
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 429,310.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,117,815.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.87421830 % 19.57447200 % 3.39757420 %
PREPAYMENT PERCENT 89.51977360 % 0.00000000 % 10.48022640 %
NEXT DISTRIBUTION 76.40719570 % 19.96789883 % 3.48938450 %
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 8.69997300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 286.13
POOL TRADING FACTOR: 37.97205382
Run: 02/28/00 13:02:15 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 20,358.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,652.87
SUBSERVICER ADVANCES THIS MONTH 40,190.42
MASTER SERVICER ADVANCES THIS MONTH 2,840.24
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 4,003,150.66
(B) TWO MONTHLY PAYMENTS: 7 468,766.19
(C) THREE OR MORE MONTHLY PAYMENTS: 2 90,901.35
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 493,224.78
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 95,945,797.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,045
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 352,136.10
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,064,167.78
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 76.49340390 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.98558110 % 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 8.74608606
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 302.16
POOL TRADING FACTOR: 37.58045357
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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 2,039.95
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 701.83
SUBSERVICER ADVANCES THIS MONTH 2,324.60
MASTER SERVICER ADVANCES THIS MONTH 900.12
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 208,610.39
(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 9,770,197.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 105
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 77,174.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 53,647.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.71080100 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.60443320 % 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 8.24712590
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 128.76
POOL TRADING FACTOR: 42.30068903
................................................................................
Run: 02/28/00 13:02:16 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 16,933,246.71 8.000000 % 525,466.08
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 16,021,000.00 308,788.76 7.250000 % 193,996.13
A-II-2 76110FCH4 8,580,000.00 8,580,000.00 7.650000 % 0.00
A-P 76110FCJ0 3,039,637.99 1,589,404.47 0.000000 % 3,723.73
A-V-1 0.00 0.00 0.915937 % 0.00
A-V-2 0.00 0.00 0.359103 % 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 12,550,923.70 8.000000 % 16,511.55
M-2 76110FCN1 5,570,800.00 5,284,659.36 8.000000 % 6,952.31
M-3 76110FCP6 4,456,600.00 4,227,689.54 8.000000 % 5,561.80
B-1 76110FCR2 2,228,400.00 2,113,939.64 8.000000 % 2,781.02
B-2 76110FCS0 696,400.00 661,942.04 8.000000 % 870.83
B-3 76110FCT8 1,671,255.97 770,427.77 8.000000 % 1,013.55
STRIP 0.00 0.00 0.164395 % 0.00
- -------------------------------------------------------------------------------
278,535,793.96 99,937,021.99 756,877.00
===============================================================================
_______________________________________________________________________________
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-7 112,844.47 638,310.55 0.00 0.00 16,407,780.63
A-I-8 60,603.12 60,603.12 0.00 0.00 9,094,000.00
A-I-9 68,533.37 68,533.37 0.00 0.00 10,284,000.00
A-I-10 181,221.42 181,221.42 0.00 0.00 27,538,000.00
A-II-1 1,864.88 195,861.01 0.00 0.00 114,792.63
A-II-2 54,676.26 54,676.26 0.00 0.00 8,580,000.00
A-P 0.00 3,723.73 0.00 0.00 1,585,680.74
A-V-1 51,417.90 51,417.90 0.00 0.00 0.00
A-V-2 9,735.86 9,735.86 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 83,640.32 100,151.87 0.00 0.00 12,534,412.15
M-2 35,217.38 42,169.69 0.00 0.00 5,277,707.05
M-3 28,173.65 33,735.45 0.00 0.00 4,222,127.74
B-1 14,087.46 16,868.48 0.00 0.00 2,111,158.62
B-2 4,411.24 5,282.07 0.00 0.00 661,071.21
B-3 5,134.20 6,147.75 0.00 0.00 769,414.22
STRIP 4,988.38 4,988.38 0.00 0.00 0.00
- -------------------------------------------------------------------------------
716,549.91 1,473,426.91 0.00 0.00 99,180,144.99
===============================================================================
Run: 02/28/00 13:02:16
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4(POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4216
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 938.337954 29.118147 6.253157 35.371304 0.000000 909.219807
A-I-8 1000.000000 0.000000 6.664077 6.664077 0.000000 1000.000000
A-I-9 1000.000000 0.000000 6.664077 6.664077 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.580776 6.580776 0.000000 1000.000000
A-II-1 19.274000 12.108865 0.116402 12.225267 0.000000 7.165135
A-II-2 1000.000000 0.000000 6.372524 6.372524 0.000000 1000.000000
A-P 522.892685 1.225058 0.000000 1.225058 0.000000 521.667627
A-V-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-V-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 948.635630 1.247991 6.321781 7.569772 0.000000 947.387638
M-2 948.635629 1.247991 6.321781 7.569772 0.000000 947.387637
M-3 948.635628 1.247992 6.321781 7.569773 0.000000 947.387636
B-1 948.635631 1.247990 6.321782 7.569772 0.000000 947.387641
B-2 950.519874 1.250474 6.334348 7.584822 0.000000 949.269400
B-3 460.987296 0.606460 3.072061 3.678521 0.000000 460.380837
STRIP 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,807.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,399.17
SUBSERVICER ADVANCES THIS MONTH 46,334.69
MASTER SERVICER ADVANCES THIS MONTH 1,803.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 3,848,633.27
(B) TWO MONTHLY PAYMENTS: 6 501,186.81
(C) THREE OR MORE MONTHLY PAYMENTS: 5 543,123.72
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 553,305.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 99,180,144.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,180
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 227,224.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 616,497.23
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.96013990 % 22.07717600 % 3.54854430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.79370730 % 22.21638912 % 3.62893950 %
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 8.93511900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 279.68
POOL TRADING FACTOR: 35.60768387
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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 18,460.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,369.15
SUBSERVICER ADVANCES THIS MONTH 42,218.72
MASTER SERVICER ADVANCES THIS MONTH 1,803.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 3,777,346.37
(B) TWO MONTHLY PAYMENTS: 5 467,399.90
(C) THREE OR MORE MONTHLY PAYMENTS: 4 510,536.13
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 357,956.59
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,015,272.45
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 960
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 3
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 227,224.52
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 464,013.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.55340440 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.57092040 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.95079337
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 298.82
POOL TRADING FACTOR: 35.09459888
Run: 02/28/00 13:02:16 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS4 (POOL # 4216)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4216
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 2,346.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 30.02
SUBSERVICER ADVANCES THIS MONTH 4,115.97
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 71,286.90
(B) TWO MONTHLY PAYMENTS: 1 33,786.91
(C) THREE OR MORE MONTHLY PAYMENTS: 1 32,587.59
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 195,349.06
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 11,164,872.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 220
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 152,483.75
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 0.00000000 % 0.00000000 % 3.51069130 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 0.00000000 % 0.00000000 % 3.57092040 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.81155786
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 128.80
POOL TRADING FACTOR: 40.24618929
................................................................................
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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 43,362,613.77 6.173750 % 615,845.80
R 973,833.13 2,239,013.91 0.000000 % 50,135.78
- -------------------------------------------------------------------------------
139,119,013.13 45,601,627.68 665,981.58
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 230,366.49 846,212.29 0.00 0.00 42,746,767.97
R 39,670.90 89,806.68 0.00 0.00 2,188,878.13
- -------------------------------------------------------------------------------
270,037.39 936,018.97 0.00 0.00 44,935,646.10
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 313.891616 4.457961 1.667568 6.125529 0.000000 309.433655
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 14,023.22
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,388.96
SUBSERVICER ADVANCES THIS MONTH 14,410.27
MASTER SERVICER ADVANCES THIS MONTH 437.15
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 606,483.95
(B) TWO MONTHLY PAYMENTS: 3 276,797.82
(C) THREE OR MORE MONTHLY PAYMENTS: 4 596,936.34
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 396,570.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 44,935,646.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 596
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 58,213.31
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 558,119.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 95.09005700 % 4.90994300 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 95.12886020 % 4.87113980 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 501,181.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,788,871.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.73069049
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 241.31
POOL TRADING FACTOR: 32.30014725
................................................................................
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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 6,167,035.82 8.000000 % 727,440.82
A-I-9 76110FDC4 11,229,000.00 11,229,000.00 8.000000 % 0.00
A-I-10 76110FDD2 22,501,000.00 22,501,000.00 8.000000 % 0.00
A-II-1 76110FDE0 11,162,000.00 1,261,696.61 8.000000 % 215,214.05
A-II-2 76110FDF7 4,525,000.00 4,525,000.00 8.000000 % 0.00
A-P 76110FDG5 1,105,878.69 667,332.54 0.000000 % 17,728.29
A-V-1 796QS5AV1 0.00 0.00 1.009691 % 0.00
A-V-2 796QS5AV2 0.00 0.00 0.387777 % 0.00
R 76110FDH3 100.00 0.00 8.000000 % 0.00
M-1 76110FDJ9 7,918,500.00 7,386,232.37 8.000000 % 9,609.35
M-2 76110FDK6 3,958,800.00 3,697,015.59 8.000000 % 4,809.75
M-3 76110FDL4 2,815,100.00 2,632,144.88 8.000000 % 3,424.37
B-1 76110FDM2 1,407,600.00 1,328,839.82 8.000000 % 1,728.80
B-2 76110FDN0 439,800.00 419,673.48 8.000000 % 545.99
B-3 76110FDP5 1,055,748.52 676,610.89 8.000000 % 880.11
- -------------------------------------------------------------------------------
175,944,527.21 62,491,582.00 981,381.53
===============================================================================
_______________________________________________________________________________
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 41,097.66 768,538.48 0.00 0.00 5,439,595.00
A-I-9 74,831.04 74,831.04 0.00 0.00 11,229,000.00
A-I-10 149,948.63 149,948.63 0.00 0.00 22,501,000.00
A-II-1 8,408.06 223,622.11 0.00 0.00 1,046,482.56
A-II-2 30,155.00 30,155.00 0.00 0.00 4,525,000.00
A-P 0.00 17,728.29 0.00 0.00 649,604.25
A-V-1 37,401.39 37,401.39 0.00 0.00 0.00
A-V-2 5,821.99 5,821.99 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 49,222.50 58,831.85 0.00 0.00 7,376,623.02
M-2 24,637.23 29,446.98 0.00 0.00 3,692,205.84
M-3 17,540.84 20,965.21 0.00 0.00 2,628,720.51
B-1 8,855.50 10,584.30 0.00 0.00 1,327,111.02
B-2 2,796.74 3,342.73 0.00 0.00 419,127.49
B-3 4,508.99 5,389.10 0.00 0.00 599,986.64
- -------------------------------------------------------------------------------
455,225.57 1,436,607.10 0.00 0.00 61,434,456.33
===============================================================================
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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 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-8 895.850642 105.671241 5.970026 111.641267 0.000000 790.179402
A-I-9 1000.000000 0.000000 6.664088 6.664088 0.000000 1000.000000
A-I-10 1000.000000 0.000000 6.664087 6.664087 0.000000 1000.000000
A-II-1 113.034995 19.280958 0.753275 20.034233 0.000000 93.754037
A-II-2 1000.000000 0.000000 6.664088 6.664088 0.000000 1000.000000
A-P 603.440998 16.030955 0.000000 16.030955 0.000000 587.410043
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-1 932.781760 1.213532 6.216139 7.429671 0.000000 931.568229
M-2 933.872787 1.214952 6.223409 7.438361 0.000000 932.657836
M-3 935.009371 1.216429 6.230983 7.447412 0.000000 933.792942
B-1 944.046476 1.228190 6.291205 7.519395 0.000000 942.818286
B-2 954.237108 1.241451 6.359118 7.600569 0.000000 952.995657
B-3 640.882632 0.833636 4.270894 5.104530 0.000000 568.304506
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 12,858.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,020.17
SUBSERVICER ADVANCES THIS MONTH 27,591.73
MASTER SERVICER ADVANCES THIS MONTH 1,689.90
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,797,228.28
(B) TWO MONTHLY PAYMENTS: 4 493,186.89
(C) THREE OR MORE MONTHLY PAYMENTS: 4 370,709.49
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 700,653.95
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 61,434,456.33
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 730
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 219,286.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 868,982.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.89290260 % 21.94758500 % 3.88072140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.60563700 % 22.29620019 % 3.85988460 %
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 9.07843500
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 283.08
POOL TRADING FACTOR: 34.91694644
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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 11,346.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,020.17
SUBSERVICER ADVANCES THIS MONTH 26,826.79
MASTER SERVICER ADVANCES THIS MONTH 1,689.90
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,773,420.65
(B) TWO MONTHLY PAYMENTS: 4 493,186.89
(C) THREE OR MORE MONTHLY PAYMENTS: 4 370,709.49
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 656,142.73
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 54,321,205.97
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 622
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 219,286.90
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 680,030.09
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 73.18531750 % 0.00000000 % 3.88072140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 72.94448870 % 0.00000000 % 3.98813100 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 9.10606140
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 302.86
POOL TRADING FACTOR: 34.28450378
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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 1,511.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 764.94
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 23,807.63
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 44,511.22
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 7,113,250.36
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 108
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 188,952.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 79.17042120 % 0.00000000 % 3.88072140 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.61512350 % 0.00000000 % 3.95694520 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.86746155
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 132.03
POOL TRADING FACTOR: 40.64230869
................................................................................
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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 4,100,183.61 8.000000 % 1,280,914.34
A-I-10 76110FDZ3 11,650,000.00 11,650,000.00 8.000000 % 0.00
A-I-11 76110FEA7 30,421,000.00 30,421,000.00 8.000000 % 0.00
A-I-12 76110FEB5 8,619,000.00 8,619,000.00 8.000000 % 0.00
A-II 76110FEC3 20,104,000.00 8,364,929.21 8.000000 % 106,417.36
A-P 76110FED1 601,147.92 293,002.64 0.000000 % 762.72
A-V-1 796QS7AV1 0.00 0.00 0.879146 % 0.00
A-V-2 796QS7AV2 0.00 0.00 0.479974 % 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 8,623,725.75 8.000000 % 10,540.26
M-2 76110FEH2 5,126,400.00 4,850,313.53 8.000000 % 5,928.25
M-3 76110FEJ8 3,645,500.00 3,449,168.60 8.000000 % 4,215.71
B-1 1,822,700.00 1,724,537.02 8.000000 % 2,107.80
B-2 569,600.00 538,923.76 8.000000 % 658.69
B-3 1,366,716.75 945,367.24 8.000000 % 1,155.47
- -------------------------------------------------------------------------------
227,839,864.67 83,580,151.36 1,412,700.60
===============================================================================
_______________________________________________________________________________
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 27,327.42 1,308,241.76 0.00 0.00 2,819,269.27
A-I-10 77,646.38 77,646.38 0.00 0.00 11,650,000.00
A-I-11 202,753.68 202,753.68 0.00 0.00 30,421,000.00
A-I-12 57,444.99 57,444.99 0.00 0.00 8,619,000.00
A-II 55,751.62 162,168.98 0.00 0.00 8,258,511.85
A-P 0.00 762.72 0.00 0.00 292,239.92
A-V-1 47,452.84 47,452.84 0.00 0.00 0.00
A-V-2 7,514.43 7,514.43 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 57,476.49 68,016.75 0.00 0.00 8,613,185.49
M-2 32,326.97 38,255.22 0.00 0.00 4,844,385.28
M-3 22,988.45 27,204.16 0.00 0.00 3,444,952.89
B-1 11,493.91 13,601.71 0.00 0.00 1,722,429.22
B-2 3,591.89 4,250.58 0.00 0.00 538,265.07
B-3 6,300.80 7,456.27 0.00 0.00 944,211.77
- -------------------------------------------------------------------------------
610,069.87 2,022,770.47 0.00 0.00 82,167,450.76
===============================================================================
Run: 02/28/00 13:02:17
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7(POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4228
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-I-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-9 182.020048 56.863817 1.213150 58.076967 0.000000 125.156232
A-I-10 1000.000000 0.000000 6.664925 6.664925 0.000000 1000.000000
A-I-11 1000.000000 0.000000 6.664925 6.664925 0.000000 1000.000000
A-I-12 1000.000000 0.000000 6.664925 6.664925 0.000000 1000.000000
A-II 416.082830 5.293343 2.773161 8.066504 0.000000 410.789487
A-P 487.405230 1.268779 0.000000 1.268779 0.000000 486.136451
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-1 946.144181 1.156415 6.305981 7.462396 0.000000 944.987766
M-2 946.144181 1.156416 6.305979 7.462395 0.000000 944.987765
M-3 946.144178 1.156415 6.305980 7.462395 0.000000 944.987763
B-1 946.144193 1.156416 6.305980 7.462396 0.000000 944.987776
B-2 946.144242 1.156408 6.305987 7.462395 0.000000 944.987834
B-3 691.706778 0.845435 4.610173 5.455608 0.000000 690.861346
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:18 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS7 (POOL # 4228)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4228
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,254.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,178.64
SUBSERVICER ADVANCES THIS MONTH 49,462.08
MASTER SERVICER ADVANCES THIS MONTH 1,074.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,784,137.29
(B) TWO MONTHLY PAYMENTS: 8 1,565,946.33
(C) THREE OR MORE MONTHLY PAYMENTS: 7 853,789.29
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 532,212.44
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 82,167,450.76
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 949
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 130,698.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,300,649.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 75.82816050 % 20.24787900 % 3.83922260 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 75.44137050 % 20.57082641 % 3.91437900 %
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 9.09010600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 285.03
POOL TRADING FACTOR: 36.06368485
Run: 02/28/00 13:02:18 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 15,130.11
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 786.18
SUBSERVICER ADVANCES THIS MONTH 41,946.54
MASTER SERVICER ADVANCES THIS MONTH 1,074.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,701,442.04
(B) TWO MONTHLY PAYMENTS: 7 1,434,569.79
(C) THREE OR MORE MONTHLY PAYMENTS: 6 411,231.12
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 503,588.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 72,037,318.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 797
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 130,698.47
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,232,828.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.97389960 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 74.54408410 % 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 9.12985857
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.65
POOL TRADING FACTOR: 35.05906889
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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 2,124.19
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 392.46
SUBSERVICER ADVANCES THIS MONTH 7,515.54
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 82,695.25
(B) TWO MONTHLY PAYMENTS: 1 131,376.54
(C) THREE OR MORE MONTHLY PAYMENTS: 1 442,558.17
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 28,623.51
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 10,130,132.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 152
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 67,820.77
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.94373180 % 0.00000000 % ***.******** %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.82282890 % 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 8.80741422
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 131.32
POOL TRADING FACTOR: 45.29309929
................................................................................
Run: 02/28/00 13:01:04 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8(POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4231
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FEK5 4,000,000.00 0.00 7.400000 % 0.00
A-2 76110FEL3 4,074,824.00 0.00 7.300000 % 0.00
A-3 76110FEM1 13,128,206.00 0.00 7.050000 % 0.00
A-4 76110FEN9 3,765,148.00 0.00 7.300000 % 0.00
A-5 76110FEP4 10,500,000.00 0.00 7.400000 % 0.00
A-6 76110FEQ2 2,600,500.00 0.00 7.400000 % 0.00
A-7 76110FER0 31,579,563.00 2,261,752.73 6.318750 % 191,555.63
A-8 76110FES8 0.00 0.00 2.681250 % 0.00
A-9 76110FET6 32,965,000.00 0.00 0.000000 % 0.00
A-10 76110FEU3 20,953,719.00 8,077,681.59 7.400000 % 684,126.66
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 54,593.08 0.000000 % 105.56
A-15-1 96QS8A151 0.00 0.00 0.978719 % 0.00
A-15-2 96QS8A152 0.00 0.00 0.508564 % 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 6,320,619.15 7.750000 % 5,680.03
M-2 76110FFC2 4,440,700.00 4,213,777.76 7.750000 % 3,786.72
M-3 76110FFD0 3,108,500.00 2,949,653.91 7.750000 % 2,650.71
B-1 1,509,500.00 1,432,363.70 7.750000 % 1,287.20
B-2 444,000.00 421,311.35 7.750000 % 378.61
B-3 1,154,562.90 908,212.25 7.750000 % 816.16
- -------------------------------------------------------------------------------
177,623,205.60 63,261,923.52 890,387.28
===============================================================================
_______________________________________________________________________________
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 11,905.99 203,461.62 0.00 0.00 2,070,197.10
A-8 5,052.09 5,052.09 0.00 0.00 0.00
A-9 0.00 0.00 0.00 0.00 0.00
A-10 49,797.50 733,924.16 0.00 0.00 7,393,554.93
A-11 90,228.27 90,228.27 0.00 0.00 13,975,000.00
A-12 12,912.81 12,912.81 0.00 0.00 2,000,000.00
A-13 133,305.14 133,305.14 0.00 0.00 20,646,958.00
A-14 0.00 105.56 0.00 0.00 54,487.52
A-15-1 42,153.17 42,153.17 0.00 0.00 0.00
A-15-2 4,898.91 4,898.91 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 40,808.49 46,488.52 0.00 0.00 6,314,939.12
M-2 27,205.86 30,992.58 0.00 0.00 4,209,991.04
M-3 19,044.16 21,694.87 0.00 0.00 2,947,003.20
B-1 9,247.92 10,535.12 0.00 0.00 1,431,076.50
B-2 2,720.16 3,098.77 0.00 0.00 420,932.74
B-3 5,863.79 6,679.95 0.00 0.00 907,396.09
- -------------------------------------------------------------------------------
455,144.26 1,345,531.54 0.00 0.00 62,371,536.24
===============================================================================
Run: 02/28/00 13:01:04
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 71.620774 6.065810 0.377016 6.442826 0.000000 65.554964
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-10 385.501094 32.649415 2.376547 35.025962 0.000000 352.851679
A-11 1000.000000 0.000000 6.456406 6.456406 0.000000 1000.000000
A-12 1000.000000 0.000000 6.456405 6.456405 0.000000 1000.000000
A-13 1000.000000 0.000000 6.456406 6.456406 0.000000 1000.000000
A-14 471.342296 0.911377 0.000000 0.911377 0.000000 470.430918
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-1 948.899437 0.852729 6.126481 6.979210 0.000000 948.046708
M-2 948.899444 0.852730 6.126480 6.979210 0.000000 948.046713
M-3 948.899440 0.852730 6.126479 6.979209 0.000000 948.046711
B-1 948.899437 0.852733 6.126479 6.979212 0.000000 948.046704
B-2 948.899437 0.852725 6.126486 6.979211 0.000000 948.046712
B-3 786.628645 0.706891 5.078796 5.785687 0.000000 785.921746
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:04 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1996-QS8 (POOL # 4231)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4231
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 13,137.75
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,023.61
SUBSERVICER ADVANCES THIS MONTH 27,714.54
MASTER SERVICER ADVANCES THIS MONTH 899.29
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 1,892,061.94
(B) TWO MONTHLY PAYMENTS: 5 886,694.22
(C) THREE OR MORE MONTHLY PAYMENTS: 1 233,752.96
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 426,894.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 62,371,536.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 716
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 110,202.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 833,497.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 74.29738290 % 21.33304900 % 4.36956800 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 73.95361460 % 21.59948940 % 4.42801030 %
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 8.95941563
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 306.57
POOL TRADING FACTOR: 35.11452010
................................................................................
Run: 02/28/00 13:01:07 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1(POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4237
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFE8 33,258,000.00 0.00 6.750000 % 0.00
A-2 76110FFF5 10,146,000.00 0.00 6.750000 % 0.00
A-3 76110FFG3 24,816,000.00 0.00 6.750000 % 0.00
A-4 76110FFH1 15,938,000.00 0.00 6.750000 % 0.00
A-5 76110FFJ7 10,253,000.00 0.00 6.750000 % 0.00
A-6 76110FFK4 31,511,646.00 6,281,961.17 11.000000 % 241,158.73
A-7 76110FFL2 17,652,000.00 0.00 6.750000 % 0.00
A-8 76110FFM0 5,655,589.00 3,628,201.20 6.750000 % 214,363.33
A-9 76110FFN8 19,068,000.00 15,419,854.72 6.750000 % 911,044.12
A-10 76110FFP3 10,267,765.00 10,267,765.00 6.750000 % 0.00
A-11 76110FFQ1 47,506,000.00 47,506,000.00 7.500000 % 0.00
A-12 76110FFR9 212,947.62 125,047.42 0.000000 % 852.98
A-13-1 0.00 0.00 1.006925 % 0.00
A-13-2 0.00 0.00 0.666010 % 0.00
R 76110FFT5 100.00 0.00 7.500000 % 0.00
M-1 76110FFV0 9,377,000.00 9,112,765.81 7.500000 % 8,020.74
M-2 76110FFW8 6,251,000.00 6,074,853.27 7.500000 % 5,346.88
M-3 76110FFW8 4,375,700.00 4,252,397.28 7.500000 % 3,742.81
B-1 1,624,900.00 1,579,111.98 7.500000 % 1,389.88
B-2 624,800.00 607,711.45 7.500000 % 534.89
B-3 1,500,282.64 1,276,440.41 7.500000 % 1,123.48
- -------------------------------------------------------------------------------
250,038,730.26 106,132,109.71 1,387,577.84
===============================================================================
_______________________________________________________________________________
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 57,562.68 298,721.41 0.00 0.00 6,040,802.44
A-7 0.00 0.00 0.00 0.00 0.00
A-8 20,400.85 234,764.18 0.00 0.00 3,413,837.87
A-9 86,703.61 997,747.73 0.00 0.00 14,508,810.60
A-10 57,734.16 57,734.16 0.00 0.00 10,267,765.00
A-11 296,799.28 296,799.28 0.00 0.00 47,506,000.00
A-12 0.00 852.98 0.00 0.00 124,194.44
A-13-1 71,542.48 71,542.48 0.00 0.00 0.00
A-13-2 11,561.43 11,561.43 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 56,933.07 64,953.81 0.00 0.00 9,104,745.07
M-2 37,953.35 43,300.23 0.00 0.00 6,069,506.39
M-3 26,567.35 30,310.16 0.00 0.00 4,248,654.47
B-1 9,865.69 11,255.57 0.00 0.00 1,577,722.10
B-2 3,796.75 4,331.64 0.00 0.00 607,176.56
B-3 7,974.71 9,098.19 0.00 0.00 1,275,316.93
- -------------------------------------------------------------------------------
745,395.41 2,132,973.25 0.00 0.00 104,744,531.87
===============================================================================
Run: 02/28/00 13:01:07
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-6 199.353635 7.653003 1.826711 9.479714 0.000000 191.700632
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 641.524906 37.902919 3.607202 41.510121 0.000000 603.621987
A-9 808.677088 47.778693 4.547074 52.325767 0.000000 760.898395
A-10 1000.000000 0.000000 5.622856 5.622856 0.000000 1000.000000
A-11 1000.000000 0.000000 6.247617 6.247617 0.000000 1000.000000
A-12 587.221496 4.005586 0.000000 4.005586 0.000000 583.215910
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-1 971.821031 0.855363 6.071566 6.926929 0.000000 970.965668
M-2 971.821032 0.855364 6.071565 6.926929 0.000000 970.965668
M-3 971.821030 0.855363 6.071566 6.926929 0.000000 970.965667
B-1 971.821023 0.855363 6.071567 6.926930 0.000000 970.965659
B-2 972.649568 0.856098 6.076745 6.932843 0.000000 971.793470
B-3 850.799960 0.748846 5.315472 6.064318 0.000000 850.051114
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:07 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS1 (POOL # 4237)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4237
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,040.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,008.40
SUBSERVICER ADVANCES THIS MONTH 35,769.71
MASTER SERVICER ADVANCES THIS MONTH 1,899.73
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 1,959,163.90
(B) TWO MONTHLY PAYMENTS: 4 468,749.27
(C) THREE OR MORE MONTHLY PAYMENTS: 2 336,848.65
FORECLOSURES
NUMBER OF LOANS 16
AGGREGATE PRINCIPAL BALANCE 1,764,491.80
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 104,744,531.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,133
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 231,246.74
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,294,127.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 78.39457140 % 18.33841600 % 3.26701240 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 78.12746350 % 18.54312162 % 3.30740240 %
BANKRUPTCY AMOUNT AVAILABLE 182,005.00
FRAUD AMOUNT AVAILABLE 221,089.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,451,267.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.76158176
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.00
POOL TRADING FACTOR: 41.89132290
................................................................................
Run: 02/28/00 13:01:09 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FFY4 31,108,570.00 4,069,124.71 9.000000 % 187,105.32
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 2,096,809.83 7.250000 % 403,441.60
A-5 76110FGC1 10,000,000.00 704,572.64 7.250000 % 64,321.73
A-6 76110FGD9 7,371,430.00 7,371,430.00 7.250000 % 0.00
A-7 76110FGE7 10,400,783.00 10,400,783.00 7.750000 % 0.00
A-8 76110FGF4 31,000,000.00 31,000,000.00 7.750000 % 0.00
A-9 76110FGG2 130,561.76 77,146.34 0.000000 % 76.45
A-10-1 97QS2A101 0.00 0.00 0.776353 % 0.00
A-10-2 97QS2A102 0.00 0.00 0.450487 % 0.00
R 76100FGJ6 100.00 0.00 7.750000 % 0.00
M-1 76110FGK3 4,931,600.00 4,776,409.03 7.750000 % 4,327.38
M-2 76110FGL1 4,109,600.00 3,980,276.29 7.750000 % 3,606.09
M-3 76110FGM9 2,630,200.00 2,547,431.07 7.750000 % 2,307.95
B-1 1,068,500.00 1,034,875.70 7.750000 % 937.59
B-2 410,900.00 397,969.54 7.750000 % 360.56
B-3 821,738.81 698,599.31 7.750000 % 632.92
- -------------------------------------------------------------------------------
164,383,983.57 69,155,427.46 667,117.59
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 30,506.27 217,611.59 0.00 0.00 3,882,019.39
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 12,663.18 416,104.78 0.00 0.00 1,693,368.23
A-5 4,255.09 68,576.82 0.00 0.00 640,250.91
A-6 44,517.96 44,517.96 0.00 0.00 7,371,430.00
A-7 67,144.93 67,144.93 0.00 0.00 10,400,783.00
A-8 200,128.48 200,128.48 0.00 0.00 31,000,000.00
A-9 0.00 76.45 0.00 0.00 77,069.89
A-10-1 35,930.89 35,930.89 0.00 0.00 0.00
A-10-2 5,101.70 5,101.70 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 30,835.34 35,162.72 0.00 0.00 4,772,081.65
M-2 25,695.70 29,301.79 0.00 0.00 3,976,670.20
M-3 16,445.60 18,753.55 0.00 0.00 2,545,123.12
B-1 6,680.90 7,618.49 0.00 0.00 1,033,938.11
B-2 2,569.19 2,929.75 0.00 0.00 397,608.98
B-3 4,509.99 5,142.91 0.00 0.00 677,290.53
- -------------------------------------------------------------------------------
486,985.22 1,154,102.81 0.00 0.00 68,467,634.01
===============================================================================
Run: 02/28/00 13:01:09
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2(POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4240
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 130.803978 6.014591 0.980639 6.995230 0.000000 124.789387
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-4 115.209331 22.167121 0.695779 22.862900 0.000000 93.042210
A-5 70.457264 6.432173 0.425509 6.857682 0.000000 64.025091
A-6 1000.000000 0.000000 6.039257 6.039257 0.000000 1000.000000
A-7 1000.000000 0.000000 6.455757 6.455757 0.000000 1000.000000
A-8 1000.000000 0.000000 6.455757 6.455757 0.000000 1000.000000
A-9 590.880056 0.585547 0.000000 0.585547 0.000000 590.294509
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-1 968.531314 0.877480 6.252604 7.130084 0.000000 967.653835
M-2 968.531314 0.877480 6.252604 7.130084 0.000000 967.653835
M-3 968.531317 0.877481 6.252604 7.130085 0.000000 967.653836
B-1 968.531306 0.877482 6.252597 7.130079 0.000000 967.653823
B-2 968.531370 0.877488 6.252592 7.130080 0.000000 967.653882
B-3 850.147640 0.770220 5.488350 6.258570 0.000000 824.216310
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:09 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1997-QS2 (POOL # 4240)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4240
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,362.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,648.17
SUBSERVICER ADVANCES THIS MONTH 21,386.56
MASTER SERVICER ADVANCES THIS MONTH 2,664.37
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,937,988.06
(B) TWO MONTHLY PAYMENTS: 5 284,070.77
(C) THREE OR MORE MONTHLY PAYMENTS: 4 224,142.33
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 219,794.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 68,467,634.01
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 790
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 318,632.46
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 596,528.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.55023850 % 16.36421200 % 3.08554950 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.40268750 % 16.49520264 % 3.08352130 %
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 8.78298824
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 311.26
POOL TRADING FACTOR: 41.65103712
................................................................................
Run: 02/28/00 13:01:10 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3(POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4244
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FGS6 32,109,000.00 0.00 7.250000 % 0.00
A-2 76110FGT4 26,579,000.00 0.00 7.500000 % 0.00
A-3 76110FGU1 16,821,000.00 0.00 7.500000 % 0.00
A-4 76110FGV9 23,490,000.00 20,790,823.61 7.750000 % 790,241.19
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 68,855.21 0.000000 % 301.36
A-10-1 97QS3A101 0.00 0.00 0.799478 % 0.00
A-10-2 97QS3A102 0.00 0.00 0.494517 % 0.00
R 76110FHC0 100.00 0.00 7.750000 % 0.00
M-1 76110FHD8 5,346,700.00 5,175,965.83 7.750000 % 4,351.37
M-2 76110FHE6 4,112,900.00 3,981,564.32 7.750000 % 3,347.25
M-3 76110FHF3 2,632,200.00 2,548,146.91 7.750000 % 2,142.19
B-1 1,069,400.00 1,035,251.25 7.750000 % 870.32
B-2 411,200.00 398,069.30 7.750000 % 334.65
B-3 823,585.68 456,879.60 7.750000 % 384.10
- -------------------------------------------------------------------------------
164,514,437.18 70,093,556.03 801,972.43
===============================================================================
_______________________________________________________________________________
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 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 134,210.42 924,451.61 0.00 0.00 20,000,582.42
A-5 46,077.73 46,077.73 0.00 0.00 7,138,000.00
A-6 6,455.27 6,455.27 0.00 0.00 1,000,000.00
A-7 0.00 0.00 0.00 0.00 0.00
A-8 177,519.98 177,519.98 0.00 0.00 27,500,000.00
A-9 0.00 301.36 0.00 0.00 68,553.85
A-10-1 35,585.24 35,585.24 0.00 0.00 0.00
A-10-2 6,860.45 6,860.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 33,412.26 37,763.63 0.00 0.00 5,171,614.46
M-2 25,702.08 29,049.33 0.00 0.00 3,978,217.07
M-3 16,448.98 18,591.17 0.00 0.00 2,546,004.72
B-1 6,682.83 7,553.15 0.00 0.00 1,034,380.93
B-2 2,569.64 2,904.29 0.00 0.00 397,734.65
B-3 2,949.28 3,333.38 0.00 0.00 456,495.50
- -------------------------------------------------------------------------------
494,474.16 1,296,446.59 0.00 0.00 69,291,583.60
===============================================================================
Run: 02/28/00 13:01:10
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-4 885.092533 33.641600 5.713513 39.355113 0.000000 851.450933
A-5 1000.000000 0.000000 6.455272 6.455272 0.000000 1000.000000
A-6 1000.000000 0.000000 6.455270 6.455270 0.000000 1000.000000
A-7 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-8 1000.000000 0.000000 6.455272 6.455272 0.000000 1000.000000
A-9 641.399608 2.807227 0.000000 2.807227 0.000000 638.592381
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-1 968.067374 0.813842 6.249137 7.062979 0.000000 967.253532
M-2 968.067378 0.813842 6.249138 7.062980 0.000000 967.253536
M-3 968.067362 0.813840 6.249138 7.062978 0.000000 967.253522
B-1 968.067374 0.813840 6.249140 7.062980 0.000000 967.253535
B-2 968.067364 0.813838 6.249125 7.062963 0.000000 967.253526
B-3 554.744468 0.466363 3.581024 4.047387 0.000000 554.278093
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:10 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS3 (POOL # 4244)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4244
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,510.81
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,584.89
SUBSERVICER ADVANCES THIS MONTH 28,072.11
MASTER SERVICER ADVANCES THIS MONTH 790.55
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 12 1,199,537.70
(B) TWO MONTHLY PAYMENTS: 3 307,776.99
(C) THREE OR MORE MONTHLY PAYMENTS: 4 1,494,161.78
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 591,350.83
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 69,291,583.60
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 747
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 99,380.16
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 743,020.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 80.58416950 % 16.71649700 % 2.69933340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 80.37582670 % 16.87915854 % 2.72829880 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 850,914.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,609,783.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.79773060
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 315.52
POOL TRADING FACTOR: 42.11884670
................................................................................
Run: 02/28/00 13:01:12 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS4(POOL # 4247)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4247
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHK2 43,231,010.00 0.00 7.250000 % 0.00
A-2 76110FHL0 35,775,000.00 0.00 7.250000 % 0.00
A-3 76110FHM8 22,398,546.00 0.00 7.250000 % 0.00
A-4 76110FHN6 24,498,244.00 1,831,280.73 10.000000 % 94,038.90
A-5 76110FHP1 17,675,100.00 16,481,526.80 7.500000 % 846,350.14
A-6 76110FHQ9 7,150,100.00 7,150,100.00 7.750000 % 0.00
A-7 76110FHR7 52,000,000.00 52,000,000.00 7.750000 % 0.00
A-8 76110FHS5 155,284.33 119,686.86 0.000000 % 129.92
A-9-1 797QS4A91 0.00 0.00 0.801809 % 0.00
A-9-2 797QS4A92 0.00 0.00 0.474066 % 0.00
R 76110FHU0 100.00 0.00 7.750000 % 0.00
M-1 76110FHV8 7,186,600.00 6,995,273.80 7.750000 % 6,152.05
M-2 76110FHW6 4,975,300.00 4,842,844.41 7.750000 % 4,259.08
M-3 76110FHX4 3,316,900.00 3,228,595.40 7.750000 % 2,839.41
B-1 1,216,200.00 1,183,821.56 7.750000 % 1,041.12
B-2 552,900.00 538,180.34 7.750000 % 473.31
B-3 995,114.30 804,075.09 7.750000 % 707.15
- -------------------------------------------------------------------------------
221,126,398.63 95,175,384.99 955,991.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 0.00 0.00 0.00 0.00 0.00
A-4 15,247.18 109,286.08 0.00 0.00 1,737,241.83
A-5 102,918.50 949,268.64 0.00 0.00 15,635,176.66
A-6 46,136.92 46,136.92 0.00 0.00 7,150,100.00
A-7 335,536.52 335,536.52 0.00 0.00 52,000,000.00
A-8 0.00 129.92 0.00 0.00 119,556.94
A-9-1 49,956.01 49,956.01 0.00 0.00 0.00
A-9-2 8,030.02 8,030.02 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 45,137.88 51,289.93 0.00 0.00 6,989,121.75
M-2 31,249.06 35,508.14 0.00 0.00 4,838,585.33
M-3 20,832.92 23,672.33 0.00 0.00 3,225,755.99
B-1 7,638.75 8,679.87 0.00 0.00 1,182,780.44
B-2 3,472.68 3,945.99 0.00 0.00 537,707.03
B-3 5,188.39 5,895.54 0.00 0.00 803,367.94
- -------------------------------------------------------------------------------
671,344.83 1,627,335.91 0.00 0.00 94,219,393.91
===============================================================================
Run: 02/28/00 13:01:12
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 74.751510 3.838598 0.622378 4.460976 0.000000 70.912912
A-5 932.471488 47.883754 5.822796 53.706550 0.000000 884.587734
A-6 1000.000000 0.000000 6.452626 6.452626 0.000000 1000.000000
A-7 1000.000000 0.000000 6.452625 6.452625 0.000000 1000.000000
A-8 770.759419 0.836659 0.000000 0.836659 0.000000 769.922760
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-1 973.377369 0.856045 6.280839 7.136884 0.000000 972.521324
M-2 973.377366 0.856045 6.280839 7.136884 0.000000 972.521321
M-3 973.377370 0.856043 6.280841 7.136884 0.000000 972.521327
B-1 973.377372 0.856043 6.280834 7.136877 0.000000 972.521329
B-2 973.377356 0.856050 6.280846 7.136896 0.000000 972.521306
B-3 808.022847 0.710622 5.213863 5.924485 0.000000 807.312230
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:12 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 19,779.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,550.92
SUBSERVICER ADVANCES THIS MONTH 27,877.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 20 2,178,986.10
(B) TWO MONTHLY PAYMENTS: 4 271,861.25
(C) THREE OR MORE MONTHLY PAYMENTS: 7 809,367.89
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 259,013.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 94,219,393.91
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,012
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 872,279.13
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.49212410 % 15.85040600 % 2.65747030 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.32056440 % 15.97703238 % 2.68210390 %
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 8.79882784
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 314.88
POOL TRADING FACTOR: 42.60884024
................................................................................
Run: 02/28/00 13:01:12 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5(POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4248
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FHZ9 33,300,000.00 0.00 7.250000 % 0.00
A-2 76110FJA2 10,800,000.00 0.00 7.250000 % 0.00
A-3 76110FJB0 29,956,909.00 1,015,245.59 10.000000 % 287,674.27
A-4 76110FJC8 24,000,000.00 0.00 7.250000 % 0.00
A-5 76110FJD6 11,785,091.00 2,707,321.61 7.250000 % 767,131.39
A-6 76110FJE4 18,143,000.00 18,143,000.00 8.000000 % 0.00
A-7 76110FJF1 4,767,000.00 4,767,000.00 8.000000 % 0.00
A-8 76110FJG9 0.00 0.00 0.750000 % 0.00
A-9 76110FJH7 42,917,000.00 42,917,000.00 7.250000 % 0.00
A-10 76110FJJ3 340,158.57 192,515.84 0.000000 % 355.82
A-11-1 0.00 0.00 0.691113 % 0.00
A-11-2 0.00 0.00 0.371947 % 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 6,554,497.42 8.000000 % 5,248.86
M-2 76110FJP9 4,330,000.00 4,217,083.78 8.000000 % 3,377.05
M-3 76110FJQ7 2,886,000.00 2,810,739.92 8.000000 % 2,250.85
B-1 1,058,000.00 1,030,409.82 8.000000 % 825.15
B-2 481,000.00 468,456.66 8.000000 % 375.14
B-3 866,066.26 476,384.03 8.000000 % 381.49
- -------------------------------------------------------------------------------
192,360,424.83 85,299,654.67 1,067,620.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 8,456.95 296,131.22 0.00 0.00 727,571.32
A-4 0.00 0.00 0.00 0.00 0.00
A-5 16,350.09 783,481.48 0.00 0.00 1,940,190.22
A-6 120,904.25 120,904.25 0.00 0.00 18,143,000.00
A-7 31,767.11 31,767.11 0.00 0.00 4,767,000.00
A-8 26,812.25 26,812.25 0.00 0.00 0.00
A-9 259,185.01 259,185.01 0.00 0.00 42,917,000.00
A-10 0.00 355.82 0.00 0.00 192,160.02
A-11-1 37,466.05 37,466.05 0.00 0.00 0.00
A-11-2 6,264.71 6,264.71 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 43,678.92 48,927.78 0.00 0.00 6,549,248.56
M-2 28,102.48 31,479.53 0.00 0.00 4,213,706.73
M-3 18,730.67 20,981.52 0.00 0.00 2,808,489.07
B-1 6,866.61 7,691.76 0.00 0.00 1,029,584.67
B-2 3,121.77 3,496.91 0.00 0.00 468,081.52
B-3 3,174.60 3,556.09 0.00 0.00 454,802.68
- -------------------------------------------------------------------------------
610,881.47 1,678,501.49 0.00 0.00 84,210,834.79
===============================================================================
Run: 02/28/00 13:01:12
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 33.890198 9.602936 0.282304 9.885240 0.000000 24.287263
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 229.724286 65.093379 1.387354 66.480733 0.000000 164.630907
A-6 1000.000000 0.000000 6.663961 6.663961 0.000000 1000.000000
A-7 1000.000000 0.000000 6.663963 6.663963 0.000000 1000.000000
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 1000.000000 0.000000 6.039215 6.039215 0.000000 1000.000000
A-10 565.959105 1.046042 0.000000 1.046042 0.000000 564.913064
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-1 973.922351 0.779920 6.490181 7.270101 0.000000 973.142431
M-2 973.922351 0.779919 6.490180 7.270099 0.000000 973.142432
M-3 973.922356 0.779920 6.490184 7.270104 0.000000 973.142436
B-1 973.922325 0.779915 6.490180 7.270095 0.000000 973.142410
B-2 973.922370 0.779917 6.490166 7.270083 0.000000 973.142453
B-3 550.054946 0.440486 3.665539 4.106025 0.000000 525.136125
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:12 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS5 (POOL # 4248)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4248
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 17,513.27
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,018.57
SUBSERVICER ADVANCES THIS MONTH 25,721.61
MASTER SERVICER ADVANCES THIS MONTH 5,715.41
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 1,703,729.60
(B) TWO MONTHLY PAYMENTS: 9 1,016,453.46
(C) THREE OR MORE MONTHLY PAYMENTS: 2 233,793.55
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 275,494.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 84,210,834.79
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 890
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 697,634.28
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 976,472.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.72001570 % 15.95908600 % 2.32089870 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.52325860 % 16.11603114 % 2.32385110 %
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 8.92621757
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 318.55
POOL TRADING FACTOR: 43.77762987
................................................................................
Run: 02/28/00 13:01:13 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6(POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4249
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FJR5 42,946,000.00 0.00 7.500000 % 0.00
A-2 76110FJS3 15,683,000.00 9,707,517.74 7.500000 % 351,153.06
A-3 76110FJT1 18,746,000.00 18,746,000.00 7.500000 % 0.00
A-4 76110FJU8 2,046,000.00 2,046,000.00 7.500000 % 0.00
A-5 76110FJV6 21,277,000.00 19,043,297.97 7.500000 % 82,611.59
A-6 76110FJW4 164,986.80 75,435.17 0.000000 % 353.39
A-7-1 0.00 0.00 0.839620 % 0.00
A-7-2 0.00 0.00 0.280337 % 0.00
R 76110FJY0 100.00 0.00 7.500000 % 0.00
M-1 2,654,400.00 2,378,966.94 7.500000 % 10,320.18
M-2 76110FKA0 1,061,700.00 951,532.99 7.500000 % 4,127.84
M-3 76110FKB8 690,100.00 618,491.97 7.500000 % 2,683.08
B-1 371,600.00 333,041.02 7.500000 % 1,444.76
B-2 159,300.00 142,770.27 7.500000 % 619.35
B-3 372,446.48 293,953.62 7.500000 % 1,275.20
- -------------------------------------------------------------------------------
106,172,633.28 54,337,007.69 454,588.45
===============================================================================
_______________________________________________________________________________
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 60,631.04 411,784.10 0.00 0.00 9,356,364.68
A-3 117,083.43 117,083.43 0.00 0.00 18,746,000.00
A-4 12,778.87 12,778.87 0.00 0.00 2,046,000.00
A-5 118,940.29 201,551.88 0.00 0.00 18,960,686.38
A-6 0.00 353.39 0.00 0.00 75,081.78
A-7-1 32,013.21 32,013.21 0.00 0.00 0.00
A-7-2 1,996.56 1,996.56 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 14,858.51 25,178.69 0.00 0.00 2,368,646.76
M-2 5,943.07 10,070.91 0.00 0.00 947,405.15
M-3 3,862.96 6,546.04 0.00 0.00 615,808.89
B-1 2,080.11 3,524.87 0.00 0.00 331,596.26
B-2 891.71 1,511.06 0.00 0.00 142,150.92
B-3 1,835.97 3,111.17 0.00 0.00 292,678.42
- -------------------------------------------------------------------------------
372,915.73 827,504.18 0.00 0.00 53,882,419.24
===============================================================================
_______________________________________________________________________________
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-2 618.983469 22.390682 3.866036 26.256718 0.000000 596.592787
A-3 1000.000000 0.000000 6.245782 6.245782 0.000000 1000.000000
A-4 1000.000000 0.000000 6.245782 6.245782 0.000000 1000.000000
A-5 895.017999 3.882671 5.590087 9.472758 0.000000 891.135328
A-6 457.219426 2.141929 0.000000 2.141929 0.000000 455.077497
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-1 896.235285 3.887952 5.597691 9.485643 0.000000 892.347333
M-2 896.235274 3.887953 5.597692 9.485645 0.000000 892.347320
M-3 896.235285 3.887958 5.597681 9.485639 0.000000 892.347327
B-1 896.235253 3.887944 5.597713 9.485657 0.000000 892.347309
B-2 896.235217 3.887947 5.597677 9.485624 0.000000 892.347269
B-3 789.250633 3.423848 4.929487 8.353335 0.000000 785.826785
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:13 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS6 (POOL # 4249)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4249
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 11,336.36
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,262.36
SUBSERVICER ADVANCES THIS MONTH 14,612.84
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 740,837.81
(B) TWO MONTHLY PAYMENTS: 1 167,857.53
(C) THREE OR MORE MONTHLY PAYMENTS: 5 261,286.90
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 185,129.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 53,882,419.24
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 843
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 218,847.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.30368580 % 7.27769500 % 1.41861890 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.26831650 % 7.29711259 % 1.42438860 %
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 8.57044294
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 139.00
POOL TRADING FACTOR: 50.74981902
................................................................................
Run: 02/28/00 13:02:21 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR1(POOL # 3328)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3328
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 24,934,336.17 4,963,078.06 7.685001 % 131,330.57
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
24,934,336.17 4,963,078.06 131,330.57
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 31,323.66 162,654.23 0.00 0.00 4,831,747.49
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
31,323.66 162,654.23 0.00 0.00 4,831,747.49
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 199.045927 5.267057 1.256246 6.523303 0.000000 193.778870
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:21 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 1,530.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 214.22
SUBSERVICER ADVANCES THIS MONTH 2,924.41
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 2
AGGREGATE PRINCIPAL BALANCE 379,379.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 4,831,747.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 32
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 127,157.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000060 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000060 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.09742900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.83
POOL TRADING FACTOR: 19.37788689
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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 1,148.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 156.44
SUBSERVICER ADVANCES THIS MONTH 761.86
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 1
AGGREGATE PRINCIPAL BALANCE 105,867.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 3,671,823.37
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 23
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 548.65
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 7.80771313
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.16
POOL TRADING FACTOR: 18.34636288
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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 381.88
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 57.78
SUBSERVICER ADVANCES THIS MONTH 2,162.55
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 1
AGGREGATE PRINCIPAL BALANCE 273,512.05
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 1,159,924.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 9
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 126,609.28
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 9.01454709
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 321.62
POOL TRADING FACTOR: 23.57361999
................................................................................
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Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL FUNDING MORTGAGE SECURITIES I, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QPCR2(POOL # 3333)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 3333
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A 30,798,565.76 4,264,092.11 8.093866 % 3,695.47
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
30,798,565.76 4,264,092.11 3,695.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 28,759.20 32,454.67 0.00 0.00 4,260,396.64
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
28,759.20 32,454.67 0.00 0.00 4,260,396.64
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 138.450996 0.119988 0.933784 1.053772 0.000000 138.331008
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 1,332.47
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 179.30
SUBSERVICER ADVANCES THIS MONTH 2,709.43
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 365,371.26
(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 4,260,396.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 30
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 224.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR SUBORDINATE
PERCENTAGE FOR CURRENT DISTRIBUTION 100.00000140 % 0.00000000 %
CURRENT PREPAYMENT PERCENTAGE 100.00000000 % 0.00000000 %
PERCENTAGE FOR NEXT DISTRIBUTION 100.00000160 % 0.00000000 %
CLASS R - STRIP PASS-THROUGH FOR NEXT DISTRIBUTION 1.0110 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.60918600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.64
POOL TRADING FACTOR: 13.83310055
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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 44.83
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5.98
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 143,303.68
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 324.00
POOL TRADING FACTOR: 1.24408133
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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 669.68
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 90.93
SUBSERVICER ADVANCES THIS MONTH 556.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 67,547.56
(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 2,141,328.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 13
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 224.02
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 9.19019333
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.86
POOL TRADING FACTOR: 28.84486824
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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 617.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 82.39
SUBSERVICER ADVANCES THIS MONTH 2,153.15
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 297,823.70
(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 1,975,764.83
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 16
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 7.97834498
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.70
POOL TRADING FACTOR: 16.66450187
................................................................................
Run: 02/28/00 13:01:15 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS7(POOL # 4255)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4255
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKC6 82,491,000.00 7,488,696.58 7.500000 % 241,951.69
A-2 76110FKD4 20,984,000.00 0.00 7.500000 % 0.00
A-3 76110FKE2 11,000,000.00 11,000,000.00 7.500000 % 0.00
A-4 76110FKF9 4,000,000.00 4,000,000.00 7.500000 % 0.00
A-5 76110FKG7 17,500,000.00 17,500,000.00 7.750000 % 0.00
A-6 76110FKH5 17,500,000.00 17,500,000.00 7.250000 % 0.00
A-7 76110FKJ1 21,925,000.00 8,212,670.90 9.500000 % 34,564.53
A-8 76110FKP7 156,262.27 39,032.35 0.000000 % 35.63
A-9-1 0.00 0.00 0.842493 % 0.00
A-9-2 0.00 0.00 0.509764 % 0.00
R 76110FKK8 100.00 0.00 7.750000 % 0.00
M-1 76110FKL6 6,697,000.00 6,467,367.95 7.750000 % 5,486.92
M-2 76110FKM4 3,827,000.00 3,695,776.77 7.750000 % 3,135.50
M-3 76110FKN2 2,870,200.00 2,771,784.32 7.750000 % 2,351.58
B-1 1,052,400.00 1,016,314.48 7.750000 % 862.24
B-2 478,400.00 461,996.23 7.750000 % 391.96
B-3 861,188.35 757,141.12 7.750000 % 642.37
- -------------------------------------------------------------------------------
191,342,550.62 80,910,780.70 289,422.42
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 46,785.41 288,737.10 0.00 0.00 7,246,744.89
A-2 0.00 0.00 0.00 0.00 0.00
A-3 68,722.18 68,722.18 0.00 0.00 11,000,000.00
A-4 24,989.88 24,989.88 0.00 0.00 4,000,000.00
A-5 112,975.09 112,975.09 0.00 0.00 17,500,000.00
A-6 105,686.38 105,686.38 0.00 0.00 17,500,000.00
A-7 64,990.67 99,555.20 0.00 0.00 8,178,106.37
A-8 0.00 35.63 0.00 0.00 38,996.72
A-9-1 47,186.44 47,186.44 0.00 0.00 0.00
A-9-2 5,806.33 5,806.33 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 41,751.52 47,238.44 0.00 0.00 6,461,881.03
M-2 23,858.90 26,994.40 0.00 0.00 3,692,641.27
M-3 17,893.87 20,245.45 0.00 0.00 2,769,432.74
B-1 6,561.04 7,423.28 0.00 0.00 1,015,452.24
B-2 2,982.52 3,374.48 0.00 0.00 461,604.27
B-3 4,887.89 5,530.26 0.00 0.00 756,498.75
- -------------------------------------------------------------------------------
575,078.12 864,500.54 0.00 0.00 80,621,358.28
===============================================================================
Run: 02/28/00 13:01:15
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 90.781983 2.933068 0.567158 3.500226 0.000000 87.848916
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 1000.000000 0.000000 6.247471 6.247471 0.000000 1000.000000
A-4 1000.000000 0.000000 6.247470 6.247470 0.000000 1000.000000
A-5 1000.000000 0.000000 6.455719 6.455719 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039222 6.039222 0.000000 1000.000000
A-7 374.580201 1.576489 2.964227 4.540716 0.000000 373.003711
A-8 249.787425 0.228014 0.000000 0.228014 0.000000 249.559411
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-1 965.711207 0.819310 6.234362 7.053672 0.000000 964.891896
M-2 965.711202 0.819310 6.234361 7.053671 0.000000 964.891892
M-3 965.711212 0.819309 6.234363 7.053672 0.000000 964.891903
B-1 965.711212 0.819308 6.234360 7.053668 0.000000 964.891904
B-2 965.711183 0.819314 6.234365 7.053679 0.000000 964.891869
B-3 879.181796 0.745900 5.675750 6.421650 0.000000 878.435885
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 16,770.65
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,068.59
SUBSERVICER ADVANCES THIS MONTH 28,579.45
MASTER SERVICER ADVANCES THIS MONTH 3,615.58
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,169,159.33
(B) TWO MONTHLY PAYMENTS: 4 462,960.98
(C) THREE OR MORE MONTHLY PAYMENTS: 9 716,024.87
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,225,906.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 80,621,358.28
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 885
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 469,136.93
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 220,775.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 81.24143330 % 15.99437300 % 2.76419380 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 81.19003960 % 16.03043575 % 2.77176690 %
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 8.86091194
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 316.51
POOL TRADING FACTOR: 42.13456861
................................................................................
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Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8(POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4256
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FKU6 13,399,900.00 0.00 7.000000 % 0.00
A-2 76110FKV4 20,850,000.00 0.00 7.000000 % 0.00
A-3 76110FKW2 16,320,750.00 2,398,459.61 10.000000 % 67,882.99
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 4,988,296.33 7.250000 % 678,829.92
A-7 76110FLA9 16,496,308.00 16,496,308.00 7.250000 % 0.00
A-8 76110FLB7 25,998,036.00 6,272,791.92 7.500000 % 219,467.71
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 4,656.77 0.000000 % 4.45
A-12-1 0.00 0.00 0.946908 % 0.00
A-12-2 0.00 0.00 0.669365 % 0.00
R 76110FLG6 100.00 0.00 7.500000 % 0.00
M-1 76110FLH4 7,631,000.00 7,447,794.60 7.500000 % 6,132.34
M-2 76110FLJ0 4,361,000.00 4,256,300.89 7.500000 % 3,504.54
M-3 76110FLK7 3,270,500.00 3,191,981.71 7.500000 % 2,628.20
B-1 1,199,000.00 1,170,214.34 7.500000 % 963.53
B-2 545,000.00 531,915.65 7.500000 % 437.97
B-3 981,461.72 818,155.41 7.500000 % 673.64
- -------------------------------------------------------------------------------
218,029,470.88 107,083,876.23 980,525.29
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 0.00 0.00 0.00 0.00 0.00
A-2 0.00 0.00 0.00 0.00 0.00
A-3 19,982.46 87,865.45 0.00 0.00 2,330,576.62
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 30,130.53 708,960.45 0.00 0.00 4,309,466.41
A-7 99,641.74 99,641.74 0.00 0.00 16,496,308.00
A-8 39,195.72 258,663.43 0.00 0.00 6,053,324.21
A-9 30,721.94 30,721.94 0.00 0.00 5,000,001.00
A-10 340,588.58 340,588.58 0.00 0.00 54,507,000.00
A-11 0.00 4.45 0.00 0.00 4,652.32
A-12-1 65,487.89 65,487.89 0.00 0.00 0.00
A-12-2 13,424.67 13,424.67 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 46,537.77 52,670.11 0.00 0.00 7,441,662.26
M-2 26,595.62 30,100.16 0.00 0.00 4,252,796.35
M-3 19,945.20 22,573.40 0.00 0.00 3,189,353.51
B-1 7,312.12 8,275.65 0.00 0.00 1,169,250.81
B-2 3,323.69 3,761.66 0.00 0.00 531,477.68
B-3 5,112.27 5,785.91 0.00 0.00 817,481.77
- -------------------------------------------------------------------------------
748,000.20 1,728,525.49 0.00 0.00 106,103,350.94
===============================================================================
Run: 02/28/00 13:01:15
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-3 146.957683 4.159306 1.224359 5.383665 0.000000 142.798377
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-6 788.872986 107.353403 4.764986 112.118389 0.000000 681.519583
A-7 1000.000000 0.000000 6.040245 6.040245 0.000000 1000.000000
A-8 241.279454 8.441704 1.507642 9.949346 0.000000 232.837750
A-9 1000.000000 0.000000 6.144387 6.144387 0.000000 1000.000000
A-10 1000.000000 0.000000 6.248529 6.248529 0.000000 1000.000000
A-11 176.331621 0.168502 0.000000 0.168502 0.000000 176.163119
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-1 975.991954 0.803609 6.098515 6.902124 0.000000 975.188345
M-2 975.991949 0.803609 6.098514 6.902123 0.000000 975.188340
M-3 975.991961 0.803608 6.098517 6.902125 0.000000 975.188354
B-1 975.991943 0.803611 6.098515 6.902126 0.000000 975.188332
B-2 975.992018 0.803615 6.098514 6.902129 0.000000 975.188404
B-3 833.609089 0.686374 5.208833 5.895207 0.000000 832.922721
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:15 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS8 (POOL # 4256)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4256
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,251.13
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,634.24
SUBSERVICER ADVANCES THIS MONTH 39,465.76
MASTER SERVICER ADVANCES THIS MONTH 686.92
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,322,544.13
(B) TWO MONTHLY PAYMENTS: 5 947,108.72
(C) THREE OR MORE MONTHLY PAYMENTS: 4 478,316.71
FORECLOSURES
NUMBER OF LOANS 5
AGGREGATE PRINCIPAL BALANCE 286,328.02
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 106,103,350.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,070
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 84,952.12
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 892,354.35
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 83.73506770 % 13.91126800 % 2.35366430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 83.59826970 % 14.02765510 % 2.37346010 %
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 8.71351477
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 319.49
POOL TRADING FACTOR: 48.66468304
................................................................................
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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 2,608,159.38 10.000000 % 238,771.97
A-4 76110FLP6 38,010,000.00 0.00 6.750000 % 0.00
A-5 76110FLQ4 17,163,462.00 14,344,876.93 6.750000 % 1,313,245.84
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 1.036007 % 0.00
A-9-2 0.00 0.00 0.718604 % 0.00
R 76110FLV3 100.00 0.00 7.250000 % 0.00
M-1 76110FLW1 8,130,000.00 7,941,454.38 7.250000 % 6,577.34
M-2 76110FLX9 5,420,000.00 5,294,302.89 7.250000 % 4,384.90
M-3 76110FLY2 4,065,000.00 3,970,727.16 7.250000 % 3,288.67
B-1 1,490,500.00 1,455,933.26 7.250000 % 1,205.85
B-2 677,500.00 661,787.87 7.250000 % 548.11
B-3 1,219,925.82 1,165,747.25 7.250000 % 965.51
- -------------------------------------------------------------------------------
271,005,025.82 138,129,989.12 1,568,988.19
===============================================================================
_______________________________________________________________________________
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 21,729.27 260,501.24 0.00 0.00 2,369,387.41
A-4 0.00 0.00 0.00 0.00 0.00
A-5 80,669.91 1,393,915.75 0.00 0.00 13,031,631.09
A-6 181,066.11 181,066.11 0.00 0.00 29,977,000.00
A-7 97,035.30 97,035.30 0.00 0.00 16,065,000.00
A-8 330,064.98 330,064.98 0.00 0.00 54,645,000.00
A-9-1 101,781.20 101,781.20 0.00 0.00 0.00
A-9-2 12,098.45 12,098.45 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 47,967.72 54,545.06 0.00 0.00 7,934,877.04
M-2 31,978.48 36,363.38 0.00 0.00 5,289,917.99
M-3 23,983.86 27,272.53 0.00 0.00 3,967,438.49
B-1 8,794.08 9,999.93 0.00 0.00 1,454,727.41
B-2 3,997.31 4,545.42 0.00 0.00 661,239.76
B-3 7,041.31 8,006.82 0.00 0.00 1,147,686.56
- -------------------------------------------------------------------------------
948,207.98 2,517,196.17 0.00 0.00 136,543,905.75
===============================================================================
Run: 02/28/00 13:01:18
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-3 113.538736 10.394252 0.945921 11.340173 0.000000 103.144483
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 835.779922 76.514041 4.700095 81.214136 0.000000 759.265881
A-6 1000.000000 0.000000 6.040168 6.040168 0.000000 1000.000000
A-7 1000.000000 0.000000 6.040168 6.040168 0.000000 1000.000000
A-8 1000.000000 0.000000 6.040168 6.040168 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-1 976.808657 0.809021 5.900089 6.709110 0.000000 975.999636
M-2 976.808651 0.809022 5.900089 6.709111 0.000000 975.999629
M-3 976.808649 0.809021 5.900089 6.709110 0.000000 975.999629
B-1 976.808628 0.809024 5.900087 6.709111 0.000000 975.999604
B-2 976.808664 0.809018 5.900089 6.709107 0.000000 975.999646
B-3 955.588636 0.791450 5.771917 6.563367 0.000000 940.783887
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:18 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 31,711.35
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,872.10
SUBSERVICER ADVANCES THIS MONTH 35,336.90
MASTER SERVICER ADVANCES THIS MONTH 1,702.40
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 2,777,274.94
(B) TWO MONTHLY PAYMENTS: 3 538,743.58
(C) THREE OR MORE MONTHLY PAYMENTS: 7 1,052,671.88
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 249,036.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 136,543,905.75
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,463
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 218,440.35
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,440,710.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.16618080 % 12.45673300 % 2.37708580 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.01882080 % 12.59099293 % 2.39018630 %
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 8.59611383
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 320.67
POOL TRADING FACTOR: 50.38427067
................................................................................
Run: 02/28/00 13:01:18 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS10(POOL # 4264)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4264
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFMN0 199,969,492.00 53,780,374.81 7.250000 % 1,240,072.07
A-2 76110FMP5 10,000,000.00 10,000,000.00 7.250000 % 0.00
A-3 7611OFMQ3 25,143,000.00 25,143,000.00 7.250000 % 0.00
A-4 7611OFMR1 64,916,508.00 63,024,758.55 7.250000 % 69,576.70
A-5 7611OFMS9 76,250.57 57,652.78 0.000000 % 76.11
A-6-1 0.00 0.00 1.003951 % 0.00
A-6-2 0.00 0.00 0.675989 % 0.00
R 7611OFMU4 100.00 0.00 7.250000 % 0.00
M-1 7611OFMV2 10,602,000.00 10,330,314.83 7.250000 % 8,705.09
M-2 7611OFMW0 6,524,000.00 6,356,817.02 7.250000 % 5,356.73
M-3 7611OFMX8 4,893,000.00 4,767,612.73 7.250000 % 4,017.54
B-1 7611OFMY6 1,794,000.00 1,748,027.24 7.250000 % 1,473.02
B-2 7611OFMZ3 816,000.00 795,089.30 7.250000 % 670.00
B-3 7611OFNA7 1,468,094.11 1,306,940.26 7.250000 % 1,101.32
- -------------------------------------------------------------------------------
326,202,444.68 177,310,587.52 1,331,048.58
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 324,790.75 1,564,862.82 0.00 0.00 52,540,302.74
A-2 60,392.06 60,392.06 0.00 0.00 10,000,000.00
A-3 151,843.76 151,843.76 0.00 0.00 25,143,000.00
A-4 380,619.49 450,196.19 0.00 0.00 62,955,181.85
A-5 0.00 76.11 0.00 0.00 57,576.67
A-6-1 118,111.98 118,111.98 0.00 0.00 0.00
A-6-2 20,314.44 20,314.44 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,386.90 71,091.99 0.00 0.00 10,321,609.74
M-2 38,390.13 43,746.86 0.00 0.00 6,351,460.29
M-3 28,792.60 32,810.14 0.00 0.00 4,763,595.19
B-1 10,556.70 12,029.72 0.00 0.00 1,746,554.22
B-2 4,801.70 5,471.70 0.00 0.00 794,419.30
B-3 7,892.88 8,994.20 0.00 0.00 1,294,539.94
- -------------------------------------------------------------------------------
1,208,893.39 2,539,941.97 0.00 0.00 175,968,239.94
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 268.942899 6.201306 1.624202 7.825508 0.000000 262.741592
A-2 1000.000000 0.000000 6.039206 6.039206 0.000000 1000.000000
A-3 1000.000000 0.000000 6.039206 6.039206 0.000000 1000.000000
A-4 970.858731 1.071787 5.863216 6.935003 0.000000 969.786943
A-5 756.096381 0.998156 0.000000 0.998156 0.000000 755.098224
A-6-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 974.374159 0.821080 5.884446 6.705526 0.000000 973.553079
M-2 974.374160 0.821081 5.884447 6.705528 0.000000 973.553079
M-3 974.374153 0.821079 5.884447 6.705526 0.000000 973.553074
B-1 974.374158 0.821081 5.884448 6.705529 0.000000 973.553077
B-2 974.374142 0.821078 5.884436 6.705514 0.000000 973.553064
B-3 890.229210 0.750170 5.376277 6.126447 0.000000 881.782667
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:18 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 36,909.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,275.43
SUBSERVICER ADVANCES THIS MONTH 51,151.58
MASTER SERVICER ADVANCES THIS MONTH 1,135.15
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,028,905.92
(B) TWO MONTHLY PAYMENTS: 9 894,302.00
(C) THREE OR MORE MONTHLY PAYMENTS: 11 881,914.21
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,810,815.04
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 175,968,239.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,751
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 150,027.64
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,141,924.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 85.72390270 % 12.10402800 % 2.17206940 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 85.63351520 % 12.18212174 % 2.18037580 %
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 8.51325986
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 322.04
POOL TRADING FACTOR: 53.94448840
................................................................................
Run: 02/28/00 13:01:19 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS11(POOL # 4265)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4265
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 7611OFLZ4 99,650,000.00 56,016,355.54 7.000000 % 493,043.11
A-2 7611OFMD2 43,142.76 23,376.75 0.000000 % 187.28
A-3-1 0.00 0.00 1.077605 % 0.00
A-3-2 0.00 0.00 0.627760 % 0.00
R 7611OFMF7 100.00 0.00 7.000000 % 0.00
M-1 7611OFMG5 3,043,000.00 2,763,539.20 7.000000 % 11,803.39
M-2 7611OFMH3 892,000.00 810,081.13 7.000000 % 3,459.95
M-3 7611OFMJ9 419,700.00 381,155.90 7.000000 % 1,627.96
B-1 7611OFMK6 367,000.00 333,295.72 7.000000 % 1,423.54
B-2 7611OFML4 262,400.00 238,301.87 7.000000 % 1,017.81
B-3 7611OFMM2 263,388.53 239,199.65 7.000000 % 1,021.66
- -------------------------------------------------------------------------------
104,940,731.29 60,805,305.76 513,584.70
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 326,578.17 819,621.28 0.00 0.00 55,523,312.43
A-2 0.00 187.28 0.00 0.00 23,189.47
A-3-1 43,170.08 43,170.08 0.00 0.00 0.00
A-3-2 6,642.59 6,642.59 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,111.58 27,914.97 0.00 0.00 2,751,735.81
M-2 4,722.81 8,182.76 0.00 0.00 806,621.18
M-3 2,222.16 3,850.12 0.00 0.00 379,527.94
B-1 1,943.14 3,366.68 0.00 0.00 331,872.18
B-2 1,389.31 2,407.12 0.00 0.00 237,284.06
B-3 1,394.54 2,416.20 0.00 0.00 238,177.99
- -------------------------------------------------------------------------------
404,174.38 917,759.08 0.00 0.00 60,291,721.06
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 562.131014 4.947748 3.277252 8.225000 0.000000 557.183266
A-2 541.846419 4.340937 0.000000 4.340937 0.000000 537.505482
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-1 908.162734 3.878866 5.294637 9.173503 0.000000 904.283868
M-2 908.162702 3.878868 5.294630 9.173498 0.000000 904.283834
M-3 908.162735 3.878866 5.294639 9.173505 0.000000 904.283869
B-1 908.162725 3.878856 5.294659 9.173515 0.000000 904.283869
B-2 908.162614 3.878849 5.294627 9.173476 0.000000 904.283765
B-3 908.162743 3.878871 5.294612 9.173483 0.000000 904.283835
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:19 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 12,658.54
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,621.01
SUBSERVICER ADVANCES THIS MONTH 20,404.97
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 1,673,161.30
(B) TWO MONTHLY PAYMENTS: 3 207,015.31
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 84,754.21
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 60,291,721.06
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 770
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 253,817.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.15955540 % 6.50650000 % 1.33394460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.12653930 % 6.53138584 % 1.33956180 %
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 8.31023227
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 143.50
POOL TRADING FACTOR: 57.45311693
................................................................................
Run: 02/28/00 13:01:21 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12(POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4270
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNB5 57,575,000.00 0.00 7.000000 % 0.00
A-2 76110FNC3 22,405,757.00 5,639,102.36 9.000000 % 157,747.52
A-3 76110FND1 62,824,125.00 3,032,542.59 7.000000 % 1,104,232.63
A-4 76110FNE9 24,294,118.00 24,294,118.00 6.875000 % 0.00
A-5 76110FNF6 26,000,000.00 26,000,000.00 7.250000 % 0.00
A-6 76110FNG4 22,583,041.00 22,583,041.00 7.250000 % 0.00
A-7 76110FNR0 59,318,800.00 57,739,562.17 7.250000 % 48,414.96
A-8-1 0.00 0.00 0.930719 % 0.00
A-8-2 0.00 0.00 0.731917 % 0.00
R 76110FNJ8 100.00 0.00 7.250000 % 0.00
M-1 76110FNK5 10,433,600.00 10,201,003.38 7.250000 % 8,553.60
M-2 76110FNL3 4,471,600.00 4,371,914.48 7.250000 % 3,665.88
M-3 76110FNM1 4,471,500.00 4,371,816.70 7.250000 % 3,665.79
B-1 76110FNN9 1,639,600.00 1,604,206.86 7.250000 % 1,345.14
B-2 76110FNP4 745,200.00 729,647.99 7.250000 % 611.81
B-3 76110FNQ2 1,341,561.05 1,047,735.10 7.250000 % 878.53
- -------------------------------------------------------------------------------
298,104,002.05 161,614,690.63 1,329,115.86
===============================================================================
_______________________________________________________________________________
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 42,277.92 200,025.44 0.00 0.00 5,481,354.84
A-3 17,683.41 1,121,916.04 0.00 0.00 1,928,309.96
A-4 139,134.53 139,134.53 0.00 0.00 24,294,118.00
A-5 157,026.32 157,026.32 0.00 0.00 26,000,000.00
A-6 136,389.69 136,389.69 0.00 0.00 22,583,041.00
A-7 348,716.58 397,131.54 0.00 0.00 57,691,147.21
A-8-1 104,496.20 104,496.20 0.00 0.00 0.00
A-8-2 16,362.20 16,362.20 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 61,608.69 70,162.29 0.00 0.00 10,192,449.78
M-2 26,404.06 30,069.94 0.00 0.00 4,368,248.60
M-3 26,403.47 30,069.26 0.00 0.00 4,368,150.91
B-1 9,688.56 11,033.70 0.00 0.00 1,602,861.72
B-2 4,406.69 5,018.50 0.00 0.00 729,036.18
B-3 6,327.77 7,206.30 0.00 0.00 1,046,856.57
- -------------------------------------------------------------------------------
1,096,926.09 2,426,041.95 0.00 0.00 160,285,574.77
===============================================================================
Run: 02/28/00 13:01:21
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-2 251.680957 7.040490 1.886922 8.927412 0.000000 244.640466
A-3 48.270351 17.576570 0.281475 17.858045 0.000000 30.693781
A-4 1000.000000 0.000000 5.727087 5.727087 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039474 6.039474 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039474 6.039474 0.000000 1000.000000
A-7 973.377111 0.816182 5.878686 6.694868 0.000000 972.560929
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-1 977.706964 0.819813 5.904835 6.724648 0.000000 976.887151
M-2 977.706968 0.819814 5.904835 6.724649 0.000000 976.887155
M-3 977.706966 0.819812 5.904835 6.724647 0.000000 976.887154
B-1 978.413552 0.820407 5.909100 6.729507 0.000000 977.593145
B-2 979.130421 0.821001 5.913433 6.734434 0.000000 978.309420
B-3 780.982051 0.654857 4.716722 5.371579 0.000000 780.327193
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:22 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS12 (POOL # 4270)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4270
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 33,506.17
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,776.20
SUBSERVICER ADVANCES THIS MONTH 32,819.03
MASTER SERVICER ADVANCES THIS MONTH 2,992.02
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,553,168.37
(B) TWO MONTHLY PAYMENTS: 4 490,173.46
(C) THREE OR MORE MONTHLY PAYMENTS: 3 284,128.62
FORECLOSURES
NUMBER OF LOANS 9
AGGREGATE PRINCIPAL BALANCE 1,019,896.61
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 160,285,574.77
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,652
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 4
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 392,563.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,193,600.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 86.18546100 % 11.72216100 % 2.09237780 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 86.08258800 % 11.80945280 % 2.10795920 %
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 8.47659386
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 323.49
POOL TRADING FACTOR: 53.76834047
................................................................................
Run: 02/28/00 12:59:34 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 4,957,251.93 7.667166 % 128,352.13
R 0.00 0.00 0.000000 % 0.00
- -------------------------------------------------------------------------------
25,117,531.34 4,957,251.93 128,352.13
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A 31,159.15 159,511.28 0.00 0.00 4,828,899.80
R 0.00 0.00 0.00 0.00 0.00
- -------------------------------------------------------------------------------
31,159.15 159,511.28 0.00 0.00 4,828,899.80
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A 197.362227 5.110062 1.240534 6.350596 0.000000 192.252166
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 12:59:34 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 1,508.79
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 237.47
SUBSERVICER ADVANCES THIS MONTH 461.59
MASTER SERVICER ADVANCES THIS MONTH 314.69
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 1 61,716.69
(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 4,828,899.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 40
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 43,935.99
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 124,200.74
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 8.10336899
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.70
POOL TRADING FACTOR: 19.22521658
................................................................................
Run: 02/28/00 13:01:23 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1997-QS13(POOL # 4277)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4277
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FNS8 31,499,000.00 13,402,942.04 7.250000 % 158,170.00
A-2 76110FNT6 30,750,000.00 0.00 7.250000 % 0.00
A-3 76110FNU3 40,799,000.00 24,136,159.06 7.250000 % 414,415.62
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 61,549,517.92 7.250000 % 59,555.90
A-8 76110FNZ2 15,495,000.00 0.00 7.250000 % 0.00
A-9 76110FPA5 68,339,000.00 35,671,679.83 7.000000 % 420,966.50
A-10 76110fPB3 0.00 0.00 7.250000 % 0.00
A-11 76110FPC1 100,038,312.00 56,163,655.16 0.000000 % 399,124.32
A-12 76110FPD9 0.00 0.00 7.250000 % 0.00
A-13 76110FPE7 0.00 0.00 5.755000 % 0.00
A-14 76110FPF4 0.00 0.00 8.745000 % 0.00
A-15 76110FPG2 26,249,000.00 11,169,047.43 7.000000 % 131,807.50
A-16 76110FPH0 2,386,273.00 1,015,368.08 10.000000 % 11,982.50
A-17 76110FPJ6 139,012.74 126,164.71 0.000000 % 136.78
A-18-1 0.00 0.00 0.908701 % 0.00
A-18-2 0.00 0.00 0.617414 % 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 15,909,161.66 7.250000 % 13,288.67
M-2 76110FPP2 5,422,000.00 5,302,727.88 7.250000 % 4,429.28
M-3 76110FPQ0 6,507,000.00 6,363,860.27 7.250000 % 5,315.63
B-1 76110FPR8 2,386,000.00 2,333,513.23 7.250000 % 1,949.15
B-2 76110FPS6 1,085,000.00 1,061,132.38 7.250000 % 886.35
B-3 76110FPT4 1,952,210.06 1,806,356.90 7.250000 % 1,508.82
- -------------------------------------------------------------------------------
433,792,422.80 257,490,701.55 1,623,537.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 80,950.47 239,120.47 0.00 0.00 13,244,772.04
A-2 0.00 0.00 0.00 0.00 0.00
A-3 145,776.45 560,192.07 0.00 0.00 23,721,743.44
A-4 40,738.13 40,738.13 0.00 0.00 6,745,000.00
A-5 25,580.87 25,580.87 0.00 0.00 4,235,415.00
A-6 63,411.37 63,411.37 0.00 0.00 10,499,000.00
A-7 371,743.91 431,299.81 0.00 0.00 61,489,962.02
A-8 0.00 0.00 0.00 0.00 0.00
A-9 208,018.90 628,985.40 0.00 0.00 35,250,713.33
A-10 7,429.25 7,429.25 0.00 0.00 0.00
A-11 0.00 399,124.32 0.00 0.00 55,764,530.84
A-12 169,607.31 169,607.31 0.00 0.00 0.00
A-13 67,316.55 67,316.55 0.00 0.00 0.00
A-14 102,290.76 102,290.76 0.00 0.00 0.00
A-15 65,132.15 196,939.65 0.00 0.00 11,037,239.93
A-16 8,458.72 20,441.22 0.00 0.00 1,003,385.58
A-17 0.00 136.78 0.00 0.00 126,027.93
A-18-1 149,208.71 149,208.71 0.00 0.00 0.00
A-18-2 31,060.62 31,060.62 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 96,087.41 109,376.08 0.00 0.00 15,895,872.99
M-2 32,027.16 36,456.44 0.00 0.00 5,298,298.60
M-3 38,436.14 43,751.77 0.00 0.00 6,358,544.64
B-1 14,093.85 16,043.00 0.00 0.00 2,331,564.08
B-2 6,408.98 7,295.33 0.00 0.00 1,060,246.03
B-3 10,909.95 12,418.77 0.00 0.00 1,794,509.05
- -------------------------------------------------------------------------------
1,734,687.66 3,358,224.68 0.00 0.00 255,856,825.50
===============================================================================
Run: 02/28/00 13:01:23
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-1 425.503732 5.021429 2.569938 7.591367 0.000000 420.482302
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 591.587026 10.157495 3.573040 13.730535 0.000000 581.429531
A-4 1000.000000 0.000000 6.039752 6.039752 0.000000 1000.000000
A-5 1000.000000 0.000000 6.039755 6.039755 0.000000 1000.000000
A-6 1000.000000 0.000000 6.039753 6.039753 0.000000 1000.000000
A-7 976.991983 0.945347 5.900791 6.846138 0.000000 976.046636
A-8 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9 521.981297 6.159975 3.043927 9.203902 0.000000 515.821322
A-10 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-11 561.421460 3.989715 0.000000 3.989715 0.000000 557.431745
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-15 425.503731 5.021429 2.481319 7.502748 0.000000 420.482302
A-16 425.503737 5.021429 3.544741 8.566170 0.000000 420.482308
A-17 907.576601 0.983939 0.000000 0.983939 0.000000 906.592662
A-18-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-18-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 978.002192 0.816910 5.906892 6.723802 0.000000 977.185283
M-2 978.002191 0.816909 5.906890 6.723799 0.000000 977.185282
M-3 978.002193 0.816909 5.906891 6.723800 0.000000 977.185284
B-1 978.002192 0.816911 5.906894 6.723805 0.000000 977.185281
B-2 978.002194 0.816912 5.906894 6.723806 0.000000 977.185281
B-3 925.288183 0.772878 5.588512 6.361390 0.000000 919.219240
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:24 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 53,446.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,425.96
SUBSERVICER ADVANCES THIS MONTH 43,623.18
MASTER SERVICER ADVANCES THIS MONTH 1,437.46
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,773,380.88
(B) TWO MONTHLY PAYMENTS: 6 590,090.39
(C) THREE OR MORE MONTHLY PAYMENTS: 9 681,556.71
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 643,163.26
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 255,856,825.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,409
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 203,333.39
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,374,385.31
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.26446440 % 10.71466600 % 2.02086990 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.19785190 % 10.76880250 % 2.02803860 %
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 8.36643452
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 324.60
POOL TRADING FACTOR: 58.98139572
................................................................................
Run: 02/28/00 13:01:26 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 3,661,650.06 7.000000 % 871,928.35
A-2 76110FPV9 117,395,000.00 51,028,792.50 7.000000 % 953,881.12
A-3 76110FPW7 51,380,000.00 51,380,000.00 7.000000 % 0.00
A-4 76110FPX5 1,862,000.00 1,862,000.00 7.000000 % 0.00
A-5 76110FPY3 65,040,000.00 65,040,000.00 7.000000 % 0.00
A-6-1 0.00 0.00 1.117937 % 0.00
A-6-2 0.00 0.00 0.910712 % 0.00
R 76110FQB2 100.00 0.00 7.000000 % 0.00
M-1 76110FQC0 11,351,500.00 11,132,436.73 7.000000 % 9,306.23
M-2 76110FQD8 4,054,000.00 3,978,940.10 7.000000 % 3,326.22
M-3 76110FQE6 4,865,000.00 4,786,032.95 7.000000 % 4,000.92
B-1 76110FQF3 1,783,800.00 1,758,565.38 7.000000 % 1,470.08
B-2 76110FQG1 810,800.00 799,329.98 7.000000 % 0.00
B-3 76110FQH9 1,459,579.11 1,372,269.25 7.000000 % 0.00
- -------------------------------------------------------------------------------
324,327,779.11 196,800,016.95 1,843,912.92
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 21,351.78 893,280.13 0.00 0.00 2,789,721.71
A-2 297,558.59 1,251,439.71 0.00 0.00 50,074,911.38
A-3 299,606.55 299,606.55 0.00 0.00 51,380,000.00
A-4 10,857.68 10,857.68 0.00 0.00 1,862,000.00
A-5 379,260.60 379,260.60 0.00 0.00 65,040,000.00
A-6-1 142,896.37 142,896.37 0.00 0.00 0.00
A-6-2 32,893.36 32,893.36 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 64,915.35 74,221.58 0.00 0.00 11,123,130.50
M-2 23,201.95 26,528.17 0.00 0.00 3,975,613.88
M-3 27,908.27 31,909.19 0.00 0.00 4,782,032.03
B-1 18,031.38 19,501.46 0.00 0.00 1,757,095.30
B-2 6,701.53 6,701.53 0.00 0.00 799,329.98
B-3 0.00 0.00 0.00 0.00 1,370,453.89
- -------------------------------------------------------------------------------
1,325,183.41 3,169,096.33 0.00 0.00 194,954,288.67
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 56.923329 13.554836 0.331931 13.886767 0.000000 43.368494
A-2 434.676030 8.125398 2.534679 10.660077 0.000000 426.550632
A-3 1000.000000 0.000000 5.831190 5.831190 0.000000 1000.000000
A-4 1000.000000 0.000000 5.831192 5.831192 0.000000 1000.000000
A-5 1000.000000 0.000000 5.831190 5.831190 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-1 980.701822 0.819824 5.718658 6.538482 0.000000 979.881998
M-2 981.484978 0.820479 5.723224 6.543703 0.000000 980.664499
M-3 983.768335 0.822388 5.736541 6.558929 0.000000 982.945947
B-1 985.853448 0.824128 10.108409 10.932537 0.000000 985.029319
B-2 985.853453 0.000000 8.265331 8.265331 0.000000 985.853453
B-3 940.181481 0.000000 0.000000 0.000000 0.000000 938.937726
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:26 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 40,848.93
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 47,768.97
MASTER SERVICER ADVANCES THIS MONTH 1,516.71
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 2,665,204.42
(B) TWO MONTHLY PAYMENTS: 11 1,124,012.99
(C) THREE OR MORE MONTHLY PAYMENTS: 11 845,651.26
FORECLOSURES
NUMBER OF LOANS 13
AGGREGATE PRINCIPAL BALANCE 1,521,395.20
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 194,954,288.67
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,829
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 211,698.43
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,681,211.99
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 87.89249370 % 10.11047200 % 1.99703470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 87.78808320 % 10.19766046 % 2.01425640 %
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 8.35477935
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 325.16
POOL TRADING FACTOR: 60.11026536
................................................................................
Run: 02/28/00 13:01:27 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 6,525,531.30 6.750000 % 214,609.11
A-2 76110FQK2 158,282,400.00 51,643,837.67 6.500000 % 1,698,442.23
A-3 76110FQLO 82,584,000.00 82,584,000.00 6.750000 % 0.00
A-4 76110FQM8 38,888,850.00 17,904,655.64 6.413750 % 334,217.20
A-5 76110FQN6 0.00 0.00 2.612025 % 0.00
A-6 76110FQP1 13,504,750.00 6,144,995.19 6.313750 % 117,219.49
A-7 76110FQQ9 86,753,900.00 86,753,900.00 7.000000 % 0.00
A-8 76110FQR7 138,732.69 128,580.11 0.000000 % 2,874.55
A-9-1 0.00 0.00 1.047612 % 0.00
A-9-2 0.00 0.00 0.716876 % 0.00
R-I 76110FQT3 100.00 0.00 7.000000 % 0.00
R-II 76110FQU0 100.00 0.00 7.000000 % 0.00
M-1 76110FQV8 17,350,800.00 17,022,313.99 7.000000 % 24,615.06
M-2 76110FQW6 5,422,000.00 5,319,350.49 7.000000 % 7,692.03
M-3 76110FQX4 5,422,000.00 5,319,350.49 7.000000 % 7,692.03
B-1 76110FQY2 2,385,700.00 2,340,533.86 7.000000 % 3,384.52
B-2 76110FQZ9 1,084,400.00 1,063,870.12 7.000000 % 1,538.41
B-3 76110FRA3 1,952,351.82 1,727,994.00 7.000000 % 2,494.33
- -------------------------------------------------------------------------------
433,770,084.51 284,478,912.86 2,414,778.96
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 36,680.56 251,289.67 0.00 0.00 6,310,922.19
A-2 279,542.75 1,977,984.98 0.00 0.00 49,945,395.44
A-3 464,211.68 464,211.68 0.00 0.00 82,584,000.00
A-4 95,630.04 429,847.24 0.00 0.00 17,570,438.44
A-5 52,312.14 52,312.14 0.00 0.00 0.00
A-6 32,309.14 149,528.63 0.00 0.00 6,027,775.70
A-7 505,712.20 505,712.20 0.00 0.00 86,753,900.00
A-8 0.00 2,874.55 0.00 0.00 125,705.56
A-9-1 183,574.76 183,574.76 0.00 0.00 0.00
A-9-2 44,209.10 44,209.10 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 99,227.72 123,842.78 0.00 0.00 16,997,698.93
M-2 31,007.94 38,699.97 0.00 0.00 5,311,658.46
M-3 31,007.94 38,699.97 0.00 0.00 5,311,658.46
B-1 13,643.61 17,028.13 0.00 0.00 2,337,149.34
B-2 6,201.59 7,740.00 0.00 0.00 1,062,331.71
B-3 10,072.95 12,567.28 0.00 0.00 1,709,649.29
- -------------------------------------------------------------------------------
1,885,344.12 4,300,123.08 0.00 0.00 282,048,283.52
===============================================================================
Run: 02/28/00 13:01:27
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-1 326.276565 10.730455 1.834028 12.564483 0.000000 315.546110
A-2 326.276564 10.730455 1.766101 12.496556 0.000000 315.546109
A-3 1000.000000 0.000000 5.621085 5.621085 0.000000 1000.000000
A-4 460.405891 8.594165 2.459061 11.053226 0.000000 451.811726
A-5 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-6 455.024728 8.679871 2.392428 11.072299 0.000000 446.344856
A-7 1000.000000 0.000000 5.829273 5.829273 0.000000 1000.000000
A-8 926.819122 20.720062 0.000000 20.720062 0.000000 906.099060
A-9-1 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-9-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 981.067962 1.418670 5.718913 7.137583 0.000000 979.649292
M-2 981.067962 1.418670 5.718912 7.137582 0.000000 979.649292
M-3 981.067962 1.418670 5.718912 7.137582 0.000000 979.649292
B-1 981.067972 1.418670 5.718913 7.137583 0.000000 979.649302
B-2 981.067982 1.418674 5.718914 7.137588 0.000000 979.649308
B-3 885.083304 1.277603 5.159393 6.436996 0.000000 875.687093
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:28 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 58,969.73
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,882.34
SUBSERVICER ADVANCES THIS MONTH 72,090.81
MASTER SERVICER ADVANCES THIS MONTH 2,060.04
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 46 5,220,773.33
(B) TWO MONTHLY PAYMENTS: 10 1,336,244.57
(C) THREE OR MORE MONTHLY PAYMENTS: 10 944,360.13
FORECLOSURES
NUMBER OF LOANS 18
AGGREGATE PRINCIPAL BALANCE 2,030,492.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 282,048,283.52
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,551
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 301,394.84
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,991,739.17
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 88.46725000 % 9.72779400 % 1.80495590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 88.39037780 % 9.79300973 % 1.81224590 %
BANKRUPTCY AMOUNT AVAILABLE 2,037,626.00
FRAUD AMOUNT AVAILABLE 3,609,315.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,609,315.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.23810007
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 327.46
POOL TRADING FACTOR: 65.02253004
................................................................................
Run: 02/28/00 13:02:24 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3(POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4285
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FRB1 115,517,963.00 82,216,875.36 6.500000 % 1,260,908.55
A-2 76110FRC9 34,880,737.00 17,981,458.27 6.500000 % 90,324.17
A-3-1 0.00 0.00 1.238248 % 0.00
A-3-2 0.00 0.00 0.996772 % 0.00
R 76110FRE5 100.00 0.00 6.500000 % 0.00
M-1 76110FRF2 3,927,000.00 3,626,628.93 6.500000 % 14,479.98
M-2 76110FRG0 785,100.00 725,048.76 6.500000 % 2,894.89
M-3 76110FRH8 707,000.00 652,922.50 6.500000 % 2,606.91
B-1 76110FRJ4 471,200.00 435,158.52 6.500000 % 1,737.45
B-2 76110FRK1 314,000.00 289,982.56 6.500000 % 1,157.81
B-3 76110FRL9 471,435.62 401,146.86 6.500000 % 1,601.64
- -------------------------------------------------------------------------------
157,074,535.62 106,329,221.76 1,375,711.40
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 444,978.23 1,705,886.78 0.00 0.00 80,955,966.81
A-2 97,320.14 187,644.31 0.00 0.00 17,891,134.10
A-3-1 87,587.01 87,587.01 0.00 0.00 0.00
A-3-2 17,743.35 17,743.35 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 19,628.22 34,108.20 0.00 0.00 3,612,148.95
M-2 3,924.15 6,819.04 0.00 0.00 722,153.87
M-3 3,533.78 6,140.69 0.00 0.00 650,315.59
B-1 2,355.19 4,092.64 0.00 0.00 433,421.07
B-2 1,569.46 2,727.27 0.00 0.00 288,824.75
B-3 2,171.11 3,772.75 0.00 0.00 399,545.20
- -------------------------------------------------------------------------------
680,810.64 2,056,522.04 0.00 0.00 104,953,510.34
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 711.723729 10.915260 3.852026 14.767286 0.000000 700.808469
A-2 515.512567 2.589514 2.790083 5.379597 0.000000 512.923053
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-1 923.511314 3.687288 4.998273 8.685561 0.000000 919.824026
M-2 923.511349 3.687288 4.998280 8.685568 0.000000 919.824061
M-3 923.511315 3.687284 4.998274 8.685558 0.000000 919.824031
B-1 923.511290 3.687288 4.998281 8.685569 0.000000 919.824003
B-2 923.511338 3.687293 4.998280 8.685573 0.000000 919.824045
B-3 850.904860 3.397367 4.605316 8.002683 0.000000 847.507450
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:24 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS3 (POOL # 4285)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4285
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 22,151.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,216.69
SUBSERVICER ADVANCES THIS MONTH 10,168.20
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 814,548.89
(B) TWO MONTHLY PAYMENTS: 2 103,295.13
(C) THREE OR MORE MONTHLY PAYMENTS: 2 59,724.68
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 104,953,510.34
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,224
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 951,172.49
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.23405150 % 4.70670300 % 1.05924590 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.18179590 % 4.74935845 % 1.06884560 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.96848900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 148.18
POOL TRADING FACTOR: 66.81764802
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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 18,121.01
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 668.56
SUBSERVICER ADVANCES THIS MONTH 10,168.20
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 814,548.89
(B) TWO MONTHLY PAYMENTS: 2 103,295.13
(C) THREE OR MORE MONTHLY PAYMENTS: 2 59,724.68
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 85,691,914.41
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,155
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 940,570.08
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.52994030 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 93.08019400 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.00994938
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 148.61
POOL TRADING FACTOR: 71.02782772
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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 4,030.06
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 548.13
SUBSERVICER ADVANCES THIS MONTH 0.00
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 0 0.00
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 19,261,595.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 69
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 10,602.41
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.90441940 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.43774340 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 1,000,000.00
FRAUD AMOUNT AVAILABLE 1,570,745.00
SPECIAL HAZARD AMOUNT AVAILABLE 1,570,745.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.78403811
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 146.24
POOL TRADING FACTOR: 52.87437009
................................................................................
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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-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 57,810,556.48 6.500000 % 2,221,989.65
A-I-2 76110FRN5 59,732,445.00 59,732,445.00 6.750000 % 0.00
A-I-3 76110FRP0 41,218,155.00 21,919,194.10 6.313750 % 555,497.41
A-I-4 76110FRQ8 0.00 0.00 2.686250 % 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 52,102,255.73 7.000000 % 263,446.49
A-V-1 0.00 0.00 0.885666 % 0.00
A-V-2 0.00 0.00 0.637424 % 0.00
R-I 76110FRV7 100.00 0.00 7.000000 % 0.00
R-II 76110FRW5 100.00 0.00 7.000000 % 0.00
M-1 76110FRX3 14,190,000.00 13,940,436.21 7.000000 % 16,766.36
M-2 76110FRY1 5,067,800.00 4,978,671.07 7.000000 % 5,987.92
M-3 76110FRZ8 5,067,800.00 4,978,671.07 7.000000 % 5,987.92
B-1 76110FSA2 2,230,000.00 2,190,780.29 7.000000 % 2,634.88
B-2 76110FSB0 1,216,400.00 1,195,006.81 7.000000 % 1,437.25
B-3 76110FSC8 1,621,792.30 1,429,489.59 7.000000 % 1,383.82
- -------------------------------------------------------------------------------
405,421,992.30 285,145,506.35 3,075,131.70
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-I-1 313,034.49 2,535,024.14 0.00 0.00 55,588,566.83
A-I-2 335,881.24 335,881.24 0.00 0.00 59,732,445.00
A-I-3 115,287.88 670,785.29 0.00 0.00 21,363,696.69
A-I-4 49,050.42 49,050.42 0.00 0.00 0.00
A-I-5 378,268.55 378,268.55 0.00 0.00 64,868,000.00
A-II 303,836.81 567,283.30 0.00 0.00 51,838,809.24
A-V-1 167,624.43 167,624.43 0.00 0.00 0.00
A-V-2 30,774.71 30,774.71 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 81,288.55 98,054.91 0.00 0.00 13,923,669.85
M-2 29,031.30 35,019.22 0.00 0.00 4,972,683.15
M-3 29,031.30 35,019.22 0.00 0.00 4,972,683.15
B-1 12,774.73 15,409.61 0.00 0.00 2,188,145.41
B-2 6,968.24 8,405.49 0.00 0.00 1,193,569.56
B-3 8,335.55 9,719.37 0.00 0.00 1,397,680.59
- -------------------------------------------------------------------------------
1,861,188.20 4,936,319.90 0.00 0.00 282,039,949.47
===============================================================================
Run: 02/28/00 13:02:25
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-1 428.206044 16.458402 2.318664 18.777066 0.000000 411.747642
A-I-2 1000.000000 0.000000 5.623095 5.623095 0.000000 1000.000000
A-I-3 531.784940 13.477008 2.797017 16.274025 0.000000 518.307932
A-I-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-I-5 1000.000000 0.000000 5.831358 5.831358 0.000000 1000.000000
A-II 692.821506 3.503138 4.040222 7.543360 0.000000 689.318368
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-1 982.412700 1.181562 5.728580 6.910142 0.000000 981.231138
M-2 982.412698 1.181562 5.728580 6.910142 0.000000 981.231136
M-3 982.412698 1.181562 5.728580 6.910142 0.000000 981.231136
B-1 982.412686 1.181561 5.728579 6.910140 0.000000 981.231126
B-2 982.412701 1.181560 5.728577 6.910137 0.000000 981.231141
B-3 881.425809 0.853266 5.139712 5.992978 0.000000 861.812323
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:25 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS4 (POOL # 4290)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4290
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 58,958.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,300.00
SUBSERVICER ADVANCES THIS MONTH 62,987.35
MASTER SERVICER ADVANCES THIS MONTH 4,614.36
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 4,937,035.36
(B) TWO MONTHLY PAYMENTS: 7 814,465.86
(C) THREE OR MORE MONTHLY PAYMENTS: 17 1,480,808.63
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,307,622.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 282,039,949.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,537
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 593,855.01
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,648,692.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 106,343.96
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.93038490 % 8.38090700 % 1.68870860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.84242060 % 8.46299831 % 1.69458110 %
BANKRUPTCY AMOUNT AVAILABLE 230,361.00
FRAUD AMOUNT AVAILABLE 8,108,440.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,054,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.16307400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.77
POOL TRADING FACTOR: 69.56700791
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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 47,012.03
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,833.70
SUBSERVICER ADVANCES THIS MONTH 50,381.76
MASTER SERVICER ADVANCES THIS MONTH 2,455.39
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 33 3,900,477.02
(B) TWO MONTHLY PAYMENTS: 4 541,937.37
(C) THREE OR MORE MONTHLY PAYMENTS: 12 1,086,639.23
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 1,307,622.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 224,516,476.85
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,012
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 315,027.29
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,511,824.74
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 106,343.96
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.88506360 % 0.00000000 % 1.68870860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.77190060 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 205,353.00
FRAUD AMOUNT AVAILABLE 3,354,012.00
SPECIAL HAZARD AMOUNT AVAILABLE 3,354,012.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.14631835
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 328.57
POOL TRADING FACTOR: 69.22247081
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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 11,946.41
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,466.30
SUBSERVICER ADVANCES THIS MONTH 12,605.59
MASTER SERVICER ADVANCES THIS MONTH 2,158.97
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 1,036,558.34
(B) TWO MONTHLY PAYMENTS: 3 272,528.49
(C) THREE OR MORE MONTHLY PAYMENTS: 5 394,169.40
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 57,523,472.62
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 525
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 278,827.72
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 136,868.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.10856400 % 0.00000000 % 1.68870860 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.11766310 % 0.00000000 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 230,361.00
FRAUD AMOUNT AVAILABLE 8,108,440.00
SPECIAL HAZARD AMOUNT AVAILABLE 4,054,220.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.22846968
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 329.56
POOL TRADING FACTOR: 70.94521712
................................................................................
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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 66,096,185.76 6.750000 % 905,410.84
A-2 76110FSE4 75,936,500.00 68,343,538.49 6.750000 % 487,528.91
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 1.052040 % 0.00
A-6-2 0.00 0.00 0.853779 % 0.00
R 76110FSK0 100.00 0.00 6.750000 % 0.00
M-1 76110FSL8 12,650,700.00 12,434,999.17 6.750000 % 10,465.15
M-2 76110FSM6 4,216,900.00 4,144,999.73 6.750000 % 3,488.38
M-3 76110FSN4 4,392,600.00 4,317,703.94 6.750000 % 3,633.73
B-1 76110FSP9 1,757,100.00 1,727,140.55 6.750000 % 1,453.54
B-2 76110FSQ7 1,054,300.00 1,036,323.66 6.750000 % 872.16
B-3 76110FSR5 1,405,623.28 1,354,265.13 6.750000 % 1,139.74
- -------------------------------------------------------------------------------
351,405,323.28 257,895,656.43 1,413,992.45
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 371,535.51 1,276,946.35 0.00 0.00 65,190,774.92
A-2 384,168.18 871,697.09 0.00 0.00 67,856,009.58
A-3 98,290.03 98,290.03 0.00 0.00 17,485,800.00
A-4 74,000.54 74,000.54 0.00 0.00 13,164,700.00
A-5 381,056.67 381,056.67 0.00 0.00 67,790,000.00
A-6-1 171,678.38 171,678.38 0.00 0.00 0.00
A-6-2 44,037.21 44,037.21 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,898.80 80,363.95 0.00 0.00 12,424,534.02
M-2 23,299.60 26,787.98 0.00 0.00 4,141,511.35
M-3 24,270.39 27,904.12 0.00 0.00 4,314,070.21
B-1 9,708.49 11,162.03 0.00 0.00 1,725,687.01
B-2 5,825.31 6,697.47 0.00 0.00 1,035,451.50
B-3 7,612.50 8,752.24 0.00 0.00 1,353,125.39
- -------------------------------------------------------------------------------
1,665,381.61 3,079,374.06 0.00 0.00 256,481,663.98
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 436.131637 5.974298 2.451554 8.425852 0.000000 430.157339
A-2 900.009067 6.420218 5.059071 11.479289 0.000000 893.588848
A-3 1000.000000 0.000000 5.621134 5.621134 0.000000 1000.000000
A-4 1000.000000 0.000000 5.621134 5.621134 0.000000 1000.000000
A-5 1000.000000 0.000000 5.621134 5.621134 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-1 982.949494 0.827239 5.525291 6.352530 0.000000 982.122256
M-2 982.949496 0.827238 5.525291 6.352529 0.000000 982.122258
M-3 982.949492 0.827239 5.525290 6.352529 0.000000 982.122253
B-1 982.949491 0.827238 5.525292 6.352530 0.000000 982.122253
B-2 982.949502 0.827241 5.525287 6.352528 0.000000 982.122261
B-3 963.462365 0.810836 5.415747 6.226583 0.000000 962.651525
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:31 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS5 (POOL # 4299)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4299
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 53,530.92
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,243.27
SUBSERVICER ADVANCES THIS MONTH 68,942.27
MASTER SERVICER ADVANCES THIS MONTH 3,671.91
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 40 5,440,914.39
(B) TWO MONTHLY PAYMENTS: 6 752,102.18
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,132,627.11
FORECLOSURES
NUMBER OF LOANS 14
AGGREGATE PRINCIPAL BALANCE 1,922,571.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 256,481,663.98
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,167
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 6
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 504,482.83
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,196,950.56
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.30017310 % 8.10316200 % 1.59666490 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.25490590 % 8.14097790 % 1.60411620 %
BANKRUPTCY AMOUNT AVAILABLE 184,749.00
FRAUD AMOUNT AVAILABLE 2,914,047.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,914,047.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 8.08523738
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 330.37
POOL TRADING FACTOR: 72.98741567
................................................................................
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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-QS6(POOL # 4301)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4301
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FSS3 20,174,375.00 14,599,643.34 6.750000 % 145,363.26
CB-2 76110FST1 39,313,092.00 39,313,092.00 6.750000 % 0.00
CB-3 76110FSU8 13,813,906.00 13,813,906.00 6.750000 % 0.00
CB-4 76110FSV6 16,300,000.00 5,596,515.18 6.750000 % 279,097.45
CB-5 76110FSW4 20,500,000.00 20,500,000.00 6.750000 % 0.00
CB-6 76110FSX2 136,500,000.00 90,922,944.98 6.750000 % 1,188,439.10
CB-7 76110FSY0 28,438,625.00 28,438,625.00 6.750000 % 0.00
NB-1 76110FSZ7 75,900,500.00 46,259,676.93 6.750000 % 717,363.71
NB-2 76110FTA1 4,494,000.00 0.00 6.750000 % 0.00
NB-3 76110FTB9 9,662,500.00 9,662,500.00 6.750000 % 0.00
NB-4 76110FTC7 10,000,000.00 6,209,642.43 6.750000 % 79,656.63
A-P 76110FTE3 57,464.36 52,628.13 0.000000 % 111.06
A-V-1 0.00 0.00 1.003702 % 0.00
A-V-2 0.00 0.00 0.738516 % 0.00
R 100.00 0.00 6.750000 % 0.00
M-1 76110FTG8 13,075,500.00 12,850,873.12 6.750000 % 16,228.68
M-2 76110FTH6 5,029,000.00 4,942,605.72 6.750000 % 6,241.75
M-3 76110FTJ2 4,224,500.00 4,151,926.40 6.750000 % 5,243.25
B-1 76110FTK9 2,011,600.00 1,977,042.28 6.750000 % 2,496.70
B-2 76110FTL7 1,207,000.00 1,186,264.69 6.750000 % 1,498.07
B-3 76110FTM5 1,609,449.28 1,581,800.17 6.750000 % 1,997.57
- -------------------------------------------------------------------------------
402,311,611.64 302,059,686.37 2,443,737.23
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 82,101.87 227,465.13 0.00 0.00 14,454,280.08
CB-2 221,079.27 221,079.27 0.00 0.00 39,313,092.00
CB-3 77,683.24 77,683.24 0.00 0.00 13,813,906.00
CB-4 31,472.30 310,569.75 0.00 0.00 5,317,417.73
CB-5 115,282.84 115,282.84 0.00 0.00 20,500,000.00
CB-6 511,310.04 1,699,749.14 0.00 0.00 89,734,505.88
CB-7 159,926.13 159,926.13 0.00 0.00 28,438,625.00
NB-1 260,147.31 977,511.02 0.00 0.00 45,542,313.22
NB-2 0.00 0.00 0.00 0.00 0.00
NB-3 54,338.32 54,338.32 0.00 0.00 9,662,500.00
NB-4 34,920.73 114,577.36 0.00 0.00 6,129,985.80
A-P 0.00 111.06 0.00 0.00 52,517.07
A-V-1 196,927.40 196,927.40 0.00 0.00 0.00
A-V-2 40,984.61 40,984.61 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,265.10 88,493.78 0.00 0.00 12,834,644.44
M-2 27,794.06 34,035.81 0.00 0.00 4,936,363.97
M-3 23,347.79 28,591.04 0.00 0.00 4,146,683.15
B-1 11,117.62 13,614.32 0.00 0.00 1,974,545.58
B-2 6,670.80 8,168.87 0.00 0.00 1,184,766.62
B-3 8,895.04 10,892.61 0.00 0.00 1,577,695.93
- -------------------------------------------------------------------------------
1,936,264.47 4,380,001.70 0.00 0.00 299,613,842.47
===============================================================================
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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-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-1 723.672646 7.205341 4.069612 11.274953 0.000000 716.467305
CB-2 1000.000000 0.000000 5.623553 5.623553 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623554 5.623554 0.000000 1000.000000
CB-4 343.344490 17.122543 1.930816 19.053359 0.000000 326.221947
CB-5 1000.000000 0.000000 5.623553 5.623553 0.000000 1000.000000
CB-6 666.102161 8.706514 3.745861 12.452375 0.000000 657.395648
CB-7 1000.000000 0.000000 5.623554 5.623554 0.000000 1000.000000
NB-1 609.477894 9.451370 3.427478 12.878848 0.000000 600.026525
NB-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-3 1000.000000 0.000000 5.623629 5.623629 0.000000 1000.000000
NB-4 620.964243 7.965663 3.492073 11.457736 0.000000 612.998580
A-P 915.839487 1.932591 0.000000 1.932591 0.000000 913.906896
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-1 982.820781 1.241152 5.526756 6.767908 0.000000 981.579629
M-2 982.820783 1.241151 5.526757 6.767908 0.000000 981.579632
M-3 982.820784 1.241153 5.526758 6.767911 0.000000 981.579631
B-1 982.820779 1.241151 5.526755 6.767906 0.000000 981.579628
B-2 982.820787 1.241152 5.526761 6.767913 0.000000 981.579636
B-3 982.820763 1.241151 5.526760 6.767911 0.000000 980.270672
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 62,706.45
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,577.59
SUBSERVICER ADVANCES THIS MONTH 39,343.94
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 25 3,046,469.88
(B) TWO MONTHLY PAYMENTS: 5 623,561.85
(C) THREE OR MORE MONTHLY PAYMENTS: 7 747,834.13
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 756,000.65
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 299,613,842.48
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,469
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 2,032,850.03
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 86,743.50
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.16228850 % 7.26525500 % 1.57091710 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.10208910 % 7.31531340 % 1.58131500 %
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 8.02431200
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.68
POOL TRADING FACTOR: 74.47307853
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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 48,364.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,114.70
SUBSERVICER ADVANCES THIS MONTH 26,555.08
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 2,366,045.94
(B) TWO MONTHLY PAYMENTS: 4 238,595.55
(C) THREE OR MORE MONTHLY PAYMENTS: 7 747,834.13
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 110,395.99
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 231,201,136.21
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,254
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 1,287,005.43
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 86,743.50
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.57754040 % 7.26525500 % 1.57091710 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.53064700 % 7.31531340 % 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 8.06677065
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 331.09
POOL TRADING FACTOR: 78.37026753
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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 14,341.55
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,462.89
SUBSERVICER ADVANCES THIS MONTH 12,788.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 680,423.94
(B) TWO MONTHLY PAYMENTS: 1 384,966.30
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 645,604.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 68,412,706.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 215
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 745,844.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 89.76568020 % 7.26525500 % 1.57091710 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.65410430 % 7.31531340 % 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 7.88082222
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.67
POOL TRADING FACTOR: 63.75815507
................................................................................
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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
DISTRIBUTION SUMMARY FOR POOL# 4311
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB-1 76110FTZ6 172,668,000.00 114,014,895.23 6.750000 % 1,795,983.60
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 21,171,914.11 6.750000 % 842,225.15
NB-2 76110FUD3 77,840,000.00 46,298,507.83 6.750000 % 402,278.62
NB-3 76110FUE1 3,780,000.00 0.00 6.750000 % 0.00
NB-4 76110FUF8 13,684,000.00 13,684,000.00 6.750000 % 0.00
A-P 76110FUG6 73,404.89 68,391.02 0.000000 % 162.35
A-V 76110FUH4 0.00 0.00 0.936686 % 0.00
R 76110FUJ0 100.00 0.00 6.750000 % 0.00
M-1 76110FUK7 13,245,900.00 13,055,200.37 6.750000 % 10,679.94
M-2 76110FUL5 5,094,600.00 5,021,253.66 6.750000 % 4,107.69
M-3 76110FUM3 4,279,400.00 4,217,789.99 6.750000 % 3,450.41
B-1 76110FUN1 2,037,800.00 2,008,462.05 6.750000 % 1,643.04
B-2 76110FUP6 1,222,600.00 1,204,998.38 6.750000 % 985.76
B-3 76110FUQ4 1,631,527.35 1,496,402.02 6.750000 % 1,224.13
- -------------------------------------------------------------------------------
407,565,332.24 302,007,814.66 3,062,740.69
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 641,114.09 2,437,097.69 0.00 0.00 112,218,911.63
CB-2 199,905.87 199,905.87 0.00 0.00 35,551,000.00
CB-3 248,624.18 248,624.18 0.00 0.00 44,215,000.00
NB-1 119,070.46 961,295.61 0.00 0.00 20,329,688.96
NB-2 260,381.97 662,660.59 0.00 0.00 45,896,229.21
NB-3 0.00 0.00 0.00 0.00 0.00
NB-4 76,958.57 76,958.57 0.00 0.00 13,684,000.00
A-P 0.00 162.35 0.00 0.00 68,228.67
A-V 235,669.38 235,669.38 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,411.07 84,091.01 0.00 0.00 13,044,520.43
M-2 28,235.15 32,342.84 0.00 0.00 5,017,145.97
M-3 23,717.18 27,167.59 0.00 0.00 4,214,339.58
B-1 11,293.84 12,936.88 0.00 0.00 2,006,819.01
B-2 6,775.86 7,761.62 0.00 0.00 1,204,012.62
B-3 8,414.46 9,638.59 0.00 0.00 1,495,177.86
- -------------------------------------------------------------------------------
1,933,572.08 4,996,312.77 0.00 0.00 298,945,073.94
===============================================================================
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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
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-1 660.312827 10.401369 3.712987 14.114356 0.000000 649.911458
CB-2 1000.000000 0.000000 5.623073 5.623073 0.000000 1000.000000
CB-3 1000.000000 0.000000 5.623073 5.623073 0.000000 1000.000000
NB-1 656.656352 26.121988 3.693023 29.815011 0.000000 630.534364
NB-2 594.790697 5.168019 3.345092 8.513111 0.000000 589.622677
NB-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-4 1000.000000 0.000000 5.623982 5.623982 0.000000 1000.000000
A-P 931.695695 2.211699 0.000000 2.211699 0.000000 929.483996
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-1 985.603120 0.806283 5.542173 6.348456 0.000000 984.796838
M-2 985.603121 0.806283 5.542172 6.348455 0.000000 984.796838
M-3 985.603120 0.806284 5.542174 6.348458 0.000000 984.796836
B-1 985.603126 0.806281 5.542173 6.348454 0.000000 984.796845
B-2 985.603124 0.806282 5.542172 6.348454 0.000000 984.796843
B-3 917.178630 0.750297 5.157413 5.907710 0.000000 916.428313
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
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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 62,619.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,882.61
SUBSERVICER ADVANCES THIS MONTH 54,989.81
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 4,670,187.99
(B) TWO MONTHLY PAYMENTS: 7 606,000.01
(C) THREE OR MORE MONTHLY PAYMENTS: 4 459,707.70
FORECLOSURES
NUMBER OF LOANS 12
AGGREGATE PRINCIPAL BALANCE 1,690,169.30
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 298,945,073.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,307
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 2,815,692.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.05644900 % 7.38200900 % 1.55951680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.97219610 % 7.45153807 % 1.57456480 %
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 8.01387600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.94
POOL TRADING FACTOR: 73.34899470
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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 43,980.51
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,542.35
SUBSERVICER ADVANCES THIS MONTH 38,240.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,215,466.34
(B) TWO MONTHLY PAYMENTS: 7 606,000.01
(C) THREE OR MORE MONTHLY PAYMENTS: 4 459,707.70
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 929,448.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 210,002,419.38
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,030
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 1,637,618.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.49716650 % 7.38200900 % 1.55951680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.43085340 % 7.45153807 % 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 8.07442388
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 332.26
POOL TRADING FACTOR: 77.56767028
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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 18,639.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,340.26
SUBSERVICER ADVANCES THIS MONTH 16,749.37
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,454,721.65
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 760,720.45
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,942,654.56
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 1,178,073.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.02107860 % 7.38200900 % 1.55951680 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 89.88884870 % 7.45153806 % 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 7.87091657
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.54
POOL TRADING FACTOR: 65.00189484
................................................................................
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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 97,729,995.16 6.500000 % 943,439.58
NB 76110FTP8 41,430,000.00 27,913,908.94 6.500000 % 900,041.12
A-P 76110FTQ6 63,383.01 58,822.46 0.000000 % 241.40
A-V 76110FTV5 0.00 0.00 0.927530 % 0.00
R 76110FTR4 100.00 0.00 6.500000 % 0.00
M-1 76110FTS2 4,507,000.00 4,224,713.14 6.500000 % 16,264.59
M-2 76110FTT0 780,000.00 731,146.27 6.500000 % 2,814.82
M-3 76110FTU7 693,500.00 650,064.00 6.500000 % 2,502.66
B-1 76110FTW3 520,000.00 487,430.87 6.500000 % 1,876.54
B-2 76110FTX1 433,500.00 406,348.58 6.500000 % 1,564.39
B-3 76110FTY9 433,464.63 406,315.49 6.500000 % 1,564.26
- -------------------------------------------------------------------------------
173,314,947.64 132,608,744.91 1,870,309.36
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 528,503.28 1,471,942.86 0.00 0.00 96,786,555.58
NB 150,952.55 1,050,993.67 0.00 0.00 27,013,867.82
A-P 0.00 241.40 0.00 0.00 58,581.06
A-V 102,330.84 102,330.84 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 22,846.36 39,110.95 0.00 0.00 4,208,448.55
M-2 3,953.89 6,768.71 0.00 0.00 728,331.45
M-3 3,515.41 6,018.07 0.00 0.00 647,561.34
B-1 2,635.92 4,512.46 0.00 0.00 485,554.33
B-2 2,197.44 3,761.83 0.00 0.00 404,784.19
B-3 2,197.27 3,761.53 0.00 0.00 404,751.23
- -------------------------------------------------------------------------------
819,132.96 2,689,442.32 0.00 0.00 130,738,435.55
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 785.270021 7.580629 4.246575 11.827204 0.000000 777.689392
NB 673.760776 21.724381 3.643557 25.367938 0.000000 652.036394
A-P 928.047753 3.808547 0.000000 3.808547 0.000000 924.239206
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-1 937.367016 3.608740 5.069084 8.677824 0.000000 933.758276
M-2 937.367013 3.608744 5.069090 8.677834 0.000000 933.758269
M-3 937.366979 3.608738 5.069084 8.677822 0.000000 933.758241
B-1 937.367058 3.608731 5.069077 8.677808 0.000000 933.758327
B-2 937.366967 3.608743 5.069066 8.677809 0.000000 933.758224
B-3 937.367116 3.608737 5.069087 8.677824 0.000000 933.758372
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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-QS8 (POOL # 4306)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4306
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,483.49
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,340.56
SUBSERVICER ADVANCES THIS MONTH 16,975.12
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,420,090.59
(B) TWO MONTHLY PAYMENTS: 2 169,949.58
(C) THREE OR MORE MONTHLY PAYMENTS: 1 45,462.63
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 41,966.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 130,738,435.55
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,465
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 1,359,769.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.78987370 % 4.22741600 % 0.98039910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.73566060 % 4.27138455 % 0.99104010 %
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 7.75589900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 152.70
POOL TRADING FACTOR: 75.43402189
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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 21,400.62
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,617.22
SUBSERVICER ADVANCES THIS MONTH 9,366.54
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 668,498.35
(B) TWO MONTHLY PAYMENTS: 2 169,949.58
(C) THREE OR MORE MONTHLY PAYMENTS: 1 45,462.63
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 41,966.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 102,003,093.26
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,368
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 561,869.06
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.95478140 % 4.22741600 % 0.98039910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.92077140 % 4.27138455 % 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 7.82071954
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 152.83
POOL TRADING FACTOR: 78.45095697
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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 6,082.87
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 723.34
SUBSERVICER ADVANCES THIS MONTH 7,608.58
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 3 751,592.24
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 0 0.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 28,735,342.29
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 97
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 797,900.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.21699780 % 4.22741600 % 0.98039910 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.07832310 % 4.27138455 % 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 7.52580195
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 152.25
POOL TRADING FACTOR: 66.37338636
................................................................................
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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 15,833,202.27 6.750000 % 185,717.56
A-2 76110FUS0 29,011,000.00 0.00 6.750000 % 0.00
A-3 76110FUT8 12,434,000.00 9,008,469.40 6.750000 % 657,157.89
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 15,965,750.74 6.750000 % 12,880.57
A-11 76110FVB6 10,998.00 10,602.18 0.000000 % 71.18
A-12 76110FVC4 0.00 0.00 0.996457 % 0.00
R 76110FVD2 100.00 0.00 6.750000 % 0.00
M-1 76110FVE0 4,827,000.00 4,761,317.12 6.750000 % 3,841.25
M-2 76110FVF7 2,011,300.00 1,983,931.45 6.750000 % 1,600.56
M-3 76110FVG5 2,011,300.00 1,983,931.45 6.750000 % 1,600.56
B-1 76110FVH3 884,900.00 872,858.83 6.750000 % 704.19
B-2 76110FVJ9 482,700.00 476,131.72 6.750000 % 384.13
B-3 76110FVK6 643,577.01 634,819.53 6.750000 % 512.16
- -------------------------------------------------------------------------------
160,885,875.01 118,914,014.69 864,470.05
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 89,034.31 274,751.87 0.00 0.00 15,647,484.71
A-2 0.00 0.00 0.00 0.00 0.00
A-3 50,657.02 707,814.91 0.00 0.00 8,351,311.51
A-4 97,867.32 97,867.32 0.00 0.00 17,404,000.00
A-5 44,035.80 44,035.80 0.00 0.00 7,831,000.00
A-6 77,899.11 77,899.11 0.00 0.00 13,853,000.00
A-7 83,707.94 83,707.94 0.00 0.00 14,886,000.00
A-8 47,286.05 47,286.05 0.00 0.00 8,409,000.00
A-9 28,116.33 28,116.33 0.00 0.00 5,000,000.00
A-10 89,779.67 102,660.24 0.00 0.00 15,952,870.17
A-11 0.00 71.18 0.00 0.00 10,531.00
A-12 98,713.50 98,713.50 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 26,774.15 30,615.40 0.00 0.00 4,757,475.87
M-2 11,156.17 12,756.73 0.00 0.00 1,982,330.89
M-3 11,156.17 12,756.73 0.00 0.00 1,982,330.89
B-1 4,908.32 5,612.51 0.00 0.00 872,154.64
B-2 2,677.41 3,061.54 0.00 0.00 475,747.59
B-3 3,569.76 4,081.92 0.00 0.00 634,307.37
- -------------------------------------------------------------------------------
767,339.03 1,631,809.08 0.00 0.00 118,049,544.64
===============================================================================
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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-1 633.328091 7.428702 3.561372 10.990074 0.000000 625.899388
A-2 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-3 724.502927 52.851688 4.074073 56.925761 0.000000 671.651239
A-4 1000.000000 0.000000 5.623266 5.623266 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623267 5.623267 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623266 5.623266 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623266 5.623266 0.000000 1000.000000
A-8 1000.000000 0.000000 5.623267 5.623267 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623266 5.623266 0.000000 1000.000000
A-10 986.392607 0.795785 5.546748 6.342533 0.000000 985.596823
A-11 964.009820 6.472086 0.000000 6.472086 0.000000 957.537734
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-1 986.392608 0.795784 5.546747 6.342531 0.000000 985.596824
M-2 986.392607 0.795784 5.546746 6.342530 0.000000 985.596823
M-3 986.392607 0.795784 5.546746 6.342530 0.000000 985.596823
B-1 986.392621 0.795785 5.546751 6.342536 0.000000 985.596836
B-2 986.392625 0.795794 5.546737 6.342531 0.000000 985.596830
B-3 986.392491 0.795787 5.546749 6.342536 0.000000 985.596689
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
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RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS10 (POOL # 4313)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4313
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 24,666.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,068.74
SUBSERVICER ADVANCES THIS MONTH 33,584.12
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 10 2,082,698.60
(B) TWO MONTHLY PAYMENTS: 6 1,052,175.63
(C) THREE OR MORE MONTHLY PAYMENTS: 5 1,095,577.73
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 404,524.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 118,049,544.64
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 931
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 768,531.30
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 90.99017440 % 7.34140400 % 1.66842150 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 90.93151750 % 7.38853985 % 1.67928340 %
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 8.07566654
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 333.99
POOL TRADING FACTOR: 73.37471026
................................................................................
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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 7,515,193.44 6.750000 % 1,289,051.25
A-2 76110FVM2 43,000,000.00 43,000,000.00 6.750000 % 0.00
A-3 76110FVNO 60,000,000.00 60,000,000.00 6.750000 % 0.00
A-4 76110FVP5 27,000,000.00 27,000,000.00 6.750000 % 0.00
A-5 76110FVQ3 52,500,000.00 52,500,000.00 6.750000 % 0.00
A-6 76110FVR1 36,500,000.00 36,500,000.00 6.750000 % 0.00
A-7 76110FVS9 25,000,000.00 25,000,000.00 6.750000 % 0.00
A-8 76110FVT7 10,405,000.00 10,405,000.00 6.613750 % 0.00
A-9 76110FVU4 3,469,000.00 3,469,000.00 7.158675 % 0.00
A-10 76110FVU2 7,590,000.00 6,950,049.52 6.750000 % 44,847.13
A-11 76110FVW0 7,500,000.00 7,500,000.00 6.750000 % 0.00
A-12 76110FVX8 28,126,000.00 28,126,000.00 6.750000 % 0.00
A-13 76110FVY6 77,829.78 76,557.21 0.000000 % 73.02
A-14 76110FVZ3 0.00 0.00 0.926197 % 0.00
R 76110FWA7 100.00 0.00 6.750000 % 0.00
M-1 76110FWB5 11,770,000.00 11,598,787.61 6.750000 % 9,444.26
M-2 76110FWC3 5,349,900.00 5,272,077.64 6.750000 % 4,292.76
M-3 76110FWD1 5,349,900.00 5,272,077.64 6.750000 % 4,292.76
B-1 76110FWE9 2,354,000.00 2,319,757.54 6.750000 % 1,888.85
B-2 76110FWF6 1,284,000.00 1,265,322.28 6.750000 % 1,030.28
B-3 76110FWG4 1,712,259.01 1,635,220.12 6.750000 % 1,331.47
- -------------------------------------------------------------------------------
427,987,988.79 335,405,043.00 1,356,251.78
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 42,264.12 1,331,315.37 0.00 0.00 6,226,142.19
A-2 241,824.44 241,824.44 0.00 0.00 43,000,000.00
A-3 337,429.44 337,429.44 0.00 0.00 60,000,000.00
A-4 151,843.25 151,843.25 0.00 0.00 27,000,000.00
A-5 295,250.76 295,250.76 0.00 0.00 52,500,000.00
A-6 205,269.58 205,269.58 0.00 0.00 36,500,000.00
A-7 140,595.60 140,595.60 0.00 0.00 25,000,000.00
A-8 57,334.73 57,334.73 0.00 0.00 10,405,000.00
A-9 20,690.20 20,690.20 0.00 0.00 3,469,000.00
A-10 39,085.86 83,932.99 0.00 0.00 6,905,202.39
A-11 42,178.68 42,178.68 0.00 0.00 7,500,000.00
A-12 158,175.68 158,175.68 0.00 0.00 28,126,000.00
A-13 0.00 73.02 0.00 0.00 76,484.19
A-14 258,821.96 258,821.96 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 65,229.54 74,673.80 0.00 0.00 11,589,343.35
M-2 29,649.24 33,942.00 0.00 0.00 5,267,784.88
M-3 29,649.24 33,942.00 0.00 0.00 5,267,784.88
B-1 13,045.91 14,934.76 0.00 0.00 2,317,868.69
B-2 7,115.95 8,146.23 0.00 0.00 1,264,292.00
B-3 9,196.19 10,527.66 0.00 0.00 1,609,860.24
- -------------------------------------------------------------------------------
2,144,650.37 3,500,902.15 0.00 0.00 334,024,762.81
===============================================================================
Run: 02/28/00 13:01:34
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 75.911045 13.020720 0.426910 13.447630 0.000000 62.890325
A-2 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-7 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-8 1000.000000 0.000000 5.510306 5.510306 0.000000 1000.000000
A-9 1000.000000 0.000000 5.964312 5.964312 0.000000 1000.000000
A-10 915.685049 5.908713 5.149652 11.058365 0.000000 909.776336
A-11 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-12 1000.000000 0.000000 5.623824 5.623824 0.000000 1000.000000
A-13 983.649318 0.938201 0.000000 0.938201 0.000000 982.711117
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-1 985.453493 0.802401 5.542017 6.344418 0.000000 984.651092
M-2 985.453493 0.802400 5.542018 6.344418 0.000000 984.651093
M-3 985.453493 0.802400 5.542018 6.344418 0.000000 984.651093
B-1 985.453500 0.802400 5.542018 6.344418 0.000000 984.651100
B-2 985.453489 0.802399 5.542017 6.344416 0.000000 984.651090
B-3 955.007455 0.777610 5.370794 6.148404 0.000000 940.196682
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:35 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 69,669.05
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 19,654.80
SUBSERVICER ADVANCES THIS MONTH 47,200.23
MASTER SERVICER ADVANCES THIS MONTH 2,716.17
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,138,630.19
(B) TWO MONTHLY PAYMENTS: 8 1,145,228.29
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,487,011.85
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 720,574.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 334,024,762.81
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,604
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 352,317.59
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,002,963.54
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.83986930 % 6.60335900 % 1.55677200 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.82001050 % 6.62373440 % 1.55473800 %
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 8.00317963
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 334.91
POOL TRADING FACTOR: 78.04535911
................................................................................
Run: 02/28/00 13:01:37 REPT1B.FRG
Page: 1 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS11(POOL # 4319)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4319
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FWH2 112,117,000.00 22,057,706.04 6.750000 % 2,637,542.14
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 6.627500 % 0.00
A-8 76110FWQ2 5,046,000.00 5,046,000.00 7.144250 % 0.00
A-9 76110FWR0 96,429,000.00 96,429,000.00 6.750000 % 0.00
A-10 76110FWS8 62,872.89 61,505.11 0.000000 % 92.46
A-11 76110FWT6 0.00 0.00 0.876523 % 0.00
R 76110FWU3 100.00 0.00 6.750000 % 0.00
M-1 76110FWV1 13,198,800.00 13,011,808.06 6.750000 % 10,668.20
M-2 76110FWW9 6,000,000.00 5,914,995.94 6.750000 % 4,849.62
M-3 76110FWX7 4,799,500.00 4,731,503.83 6.750000 % 3,879.30
B-1 76110FWY5 2,639,600.00 2,602,203.88 6.750000 % 2,133.51
B-2 76110FWZ2 1,439,500.00 1,419,106.10 6.750000 % 1,163.51
B-3 76110FXA6 1,919,815.88 1,892,617.21 6.750000 % 1,551.73
- -------------------------------------------------------------------------------
479,943,188.77 389,457,446.17 2,661,880.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 124,040.66 2,761,582.80 0.00 0.00 19,420,163.90
A-2 269,740.57 269,740.57 0.00 0.00 47,967,000.00
A-3 379,701.73 379,701.73 0.00 0.00 67,521,000.00
A-4 170,649.55 170,649.55 0.00 0.00 30,346,000.00
A-5 256,486.07 256,486.07 0.00 0.00 45,610,000.00
A-6 160,988.45 160,988.45 0.00 0.00 28,628,000.00
A-7 89,551.69 89,551.69 0.00 0.00 16,219,000.00
A-8 30,033.35 30,033.35 0.00 0.00 5,046,000.00
A-9 542,264.75 542,264.75 0.00 0.00 96,429,000.00
A-10 0.00 92.46 0.00 0.00 61,412.65
A-11 284,395.78 284,395.78 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 73,171.40 83,839.60 0.00 0.00 13,001,139.86
M-2 33,262.75 38,112.37 0.00 0.00 5,910,146.32
M-3 26,607.43 30,486.73 0.00 0.00 4,727,624.53
B-1 14,633.40 16,766.91 0.00 0.00 2,600,070.37
B-2 7,980.29 9,143.80 0.00 0.00 1,417,942.59
B-3 10,643.06 12,194.79 0.00 0.00 1,891,065.48
- -------------------------------------------------------------------------------
2,474,150.93 5,136,031.40 0.00 0.00 386,795,565.70
===============================================================================
Run: 02/28/00 13:01:37
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-1 196.738283 23.524908 1.106350 24.631258 0.000000 173.213374
A-2 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-3 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-4 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-5 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-7 1000.000000 0.000000 5.521406 5.521406 0.000000 1000.000000
A-8 1000.000000 0.000000 5.951912 5.951912 0.000000 1000.000000
A-9 1000.000000 0.000000 5.623461 5.623461 0.000000 1000.000000
A-10 978.245314 1.470586 0.000000 1.470586 0.000000 976.774728
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-1 985.832656 0.808270 5.543792 6.352062 0.000000 985.024386
M-2 985.832657 0.808270 5.543792 6.352062 0.000000 985.024387
M-3 985.832655 0.808272 5.543792 6.352064 0.000000 985.024384
B-1 985.832656 0.808270 5.543795 6.352065 0.000000 985.024386
B-2 985.832650 0.808274 5.543793 6.352067 0.000000 985.024377
B-3 985.832667 0.808270 5.543792 6.352062 0.000000 985.024397
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:37 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 80,853.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 18,714.17
SUBSERVICER ADVANCES THIS MONTH 71,800.57
MASTER SERVICER ADVANCES THIS MONTH 682.44
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 6,787,362.68
(B) TWO MONTHLY PAYMENTS: 10 916,563.62
(C) THREE OR MORE MONTHLY PAYMENTS: 10 1,329,427.57
FORECLOSURES
NUMBER OF LOANS 10
AGGREGATE PRINCIPAL BALANCE 724,222.98
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 386,795,565.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,988
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 90,742.62
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,342,559.48
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.40561290 % 6.07564300 % 1.51874390 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.35961220 % 6.11147407 % 1.52794330 %
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 7.95462943
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 335.24
POOL TRADING FACTOR: 80.59194812
................................................................................
Run: 02/28/00 13:02:28 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 188,037,444.00 156,960,426.54 7.000000 % 897,937.88
CB-2 76110FXP8 6,964,350.00 5,813,349.30 0.000000 % 33,256.96
NB-1 76110FXQ1 25,499,800.00 14,321,651.37 6.750000 % 205,748.30
NB-2 76110FXR9 7,423,000.00 7,423,000.00 6.750000 % 0.00
NB-3 76110FXS7 21,430,159.00 21,430,159.00 6.750000 % 0.00
NB-4 76110FXT5 4,020,000.00 4,020,000.00 6.750000 % 0.00
NB-5 76110FXU2 10,500,000.00 10,500,000.00 6.750000 % 0.00
NB-6 76110FXV0 0.00 0.00 0.350000 % 0.00
NB-7 76110FXW8 15,249,000.00 9,412,586.93 6.400000 % 107,424.82
NB-8 76110FXX6 20,899,000.00 14,487,449.95 6.100000 % 118,010.77
NB-9 76110FXY4 0.00 0.00 0.650000 % 0.00
A-P 76110FXZ1 58,061.92 56,630.71 0.000000 % 57.95
A-V 76110FYA5 0.00 0.00 0.826826 % 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 8,682,091.82 6.750000 % 11,080.75
M-2 76110FYE7 4,001,000.00 3,946,270.86 6.750000 % 5,036.53
M-3 76110FYF4 3,201,000.00 3,157,213.94 6.750000 % 4,029.48
B-1 76110FYG2 1,760,300.00 1,736,221.10 6.750000 % 2,215.90
B-2 76110FYH0 960,000.00 946,868.27 6.750000 % 1,208.47
B-3 76110FYJ6 1,280,602.22 1,263,085.11 6.750000 % 1,612.04
- -------------------------------------------------------------------------------
320,086,417.14 264,157,004.90 1,387,619.85
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 915,424.81 1,813,362.69 0.00 0.00 156,062,488.66
CB-2 0.00 33,256.96 0.00 0.00 5,780,092.34
NB-1 80,462.26 286,210.56 0.00 0.00 14,115,903.07
NB-2 41,704.09 41,704.09 0.00 0.00 7,423,000.00
NB-3 120,399.44 120,399.44 0.00 0.00 21,430,159.00
NB-4 22,585.26 22,585.26 0.00 0.00 4,020,000.00
NB-5 58,991.36 58,991.36 0.00 0.00 10,500,000.00
NB-6 2,742.03 2,742.03 0.00 0.00 0.00
NB-7 50,139.99 157,564.81 0.00 0.00 9,305,162.11
NB-8 73,555.83 191,566.60 0.00 0.00 14,369,439.18
NB-9 7,837.92 7,837.92 0.00 0.00 0.00
A-P 0.00 57.95 0.00 0.00 56,572.76
A-V 181,912.90 181,912.90 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 48,806.43 59,887.18 0.00 0.00 8,671,011.07
M-2 22,183.98 27,220.51 0.00 0.00 3,941,234.33
M-3 17,748.30 21,777.78 0.00 0.00 3,153,184.46
B-1 9,760.17 11,976.07 0.00 0.00 1,734,005.20
B-2 5,322.82 6,531.29 0.00 0.00 945,659.80
B-3 7,100.44 8,712.48 0.00 0.00 1,261,473.06
- -------------------------------------------------------------------------------
1,666,678.03 3,054,297.88 0.00 0.00 262,769,385.04
===============================================================================
Run: 02/28/00 13:02:28
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-1 834.729633 4.775314 4.868311 9.643625 0.000000 829.954318
CB-2 834.729630 4.775314 0.000000 4.775314 0.000000 829.954316
NB-1 561.637792 8.068624 3.155407 11.224031 0.000000 553.569168
NB-2 1000.000000 0.000000 5.618226 5.618226 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.618224 5.618224 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.618224 5.618224 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.618225 5.618225 0.000000 1000.000000
NB-6 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
NB-7 617.259291 7.044712 3.288084 10.332796 0.000000 610.214579
NB-8 693.212592 5.646719 3.519586 9.166305 0.000000 687.565873
NB-9 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-P 975.350281 0.998132 0.000000 0.998132 0.000000 974.352149
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-1 986.321138 1.258819 5.544610 6.803429 0.000000 985.062320
M-2 986.321135 1.258818 5.544609 6.803427 0.000000 985.062317
M-3 986.321131 1.258819 5.544611 6.803430 0.000000 985.062312
B-1 986.321138 1.258820 5.544606 6.803426 0.000000 985.062319
B-2 986.321115 1.258823 5.544604 6.803427 0.000000 985.062292
B-3 986.321193 1.258814 5.544610 6.803424 0.000000 985.062374
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:28 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 54,883.16
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 15,162.48
SUBSERVICER ADVANCES THIS MONTH 53,654.49
MASTER SERVICER ADVANCES THIS MONTH 803.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 28 4,079,621.15
(B) TWO MONTHLY PAYMENTS: 11 1,467,110.65
(C) THREE OR MORE MONTHLY PAYMENTS: 5 869,373.34
FORECLOSURES
NUMBER OF LOANS 8
AGGREGATE PRINCIPAL BALANCE 995,521.76
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 262,769,385.04
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,879
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 126,349.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,047,591.10
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 125,616.38
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.50885590 % 5.97583100 % 1.49387460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.49881730 % 5.99972096 % 1.50016970 %
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 7.90351800
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.33
POOL TRADING FACTOR: 82.09326325
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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 36,434.82
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,732.09
SUBSERVICER ADVANCES THIS MONTH 37,089.55
MASTER SERVICER ADVANCES THIS MONTH 803.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 3,031,036.63
(B) TWO MONTHLY PAYMENTS: 8 721,616.14
(C) THREE OR MORE MONTHLY PAYMENTS: 4 637,248.88
FORECLOSURES
NUMBER OF LOANS 7
AGGREGATE PRINCIPAL BALANCE 704,700.07
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 174,671,622.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,592
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 126,349.42
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 682,950.60
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 125,616.38
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.70320000 % 5.97583100 % 1.49387460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.67466420 % 5.99972096 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.97558653
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 336.35
POOL TRADING FACTOR: 83.95979623
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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 18,448.34
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,430.39
SUBSERVICER ADVANCES THIS MONTH 16,564.94
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,048,584.52
(B) TWO MONTHLY PAYMENTS: 3 745,494.51
(C) THREE OR MORE MONTHLY PAYMENTS: 1 232,124.46
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 290,821.69
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 88,097,762.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 287
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 364,640.50
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.18252230 % 5.97583100 % 1.49387460 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.15015830 % 5.99972095 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.76062848
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.26
POOL TRADING FACTOR: 78.62752034
................................................................................
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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 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 96,217,223.35 6.500000 % 999,194.95
NB 37,758,000.00 28,989,596.60 6.500000 % 360,570.14
A-P 53,454.22 50,218.98 0.000000 % 200.63
A-V 0.00 0.00 0.844530 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 4,083,000.00 3,867,138.20 6.500000 % 14,496.68
M-2 706,500.00 669,148.47 6.500000 % 2,508.43
M-3 628,000.00 594,798.63 6.500000 % 2,229.71
B-1 471,000.00 446,098.99 6.500000 % 1,672.28
B-2 314,000.00 297,399.32 6.500000 % 1,114.86
B-3 471,221.05 446,308.32 6.500000 % 1,673.07
- -------------------------------------------------------------------------------
156,999,275.27 131,577,930.86 1,383,660.75
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 520,879.02 1,520,073.97 0.00 0.00 95,218,028.40
NB 156,937.31 517,507.45 0.00 0.00 28,629,026.46
A-P 0.00 200.63 0.00 0.00 50,018.35
A-V 92,548.43 92,548.43 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,935.04 35,431.72 0.00 0.00 3,852,641.52
M-2 3,622.48 6,130.91 0.00 0.00 666,640.04
M-3 3,219.99 5,449.70 0.00 0.00 592,568.92
B-1 2,414.99 4,087.27 0.00 0.00 444,426.71
B-2 1,609.99 2,724.85 0.00 0.00 296,284.46
B-3 2,416.12 4,089.19 0.00 0.00 444,635.26
- -------------------------------------------------------------------------------
804,583.37 2,188,244.12 0.00 0.00 130,194,270.12
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 855.157788 8.880628 4.629460 13.510088 0.000000 846.277160
NB 767.773627 9.549503 4.156399 13.705902 0.000000 758.224124
A-P 939.476434 3.753367 0.000000 3.753367 0.000000 935.723067
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 947.131570 3.550497 5.127367 8.677864 0.000000 943.581073
M-2 947.131592 3.550502 5.127360 8.677862 0.000000 943.581090
M-3 947.131576 3.550494 5.127373 8.677867 0.000000 943.581083
B-1 947.131614 3.550488 5.127367 8.677855 0.000000 943.581125
B-2 947.131592 3.550510 5.127357 8.677867 0.000000 943.581083
B-3 947.131543 3.550499 5.127360 8.677859 0.000000 943.581072
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:29 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS13 (POOL # 4322)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4322
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 27,332.08
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,204.95
SUBSERVICER ADVANCES THIS MONTH 21,954.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,182,166.24
(B) TWO MONTHLY PAYMENTS: 5 430,200.66
(C) THREE OR MORE MONTHLY PAYMENTS: 3 295,743.34
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 130,194,270.12
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,285
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 890,408.40
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.19425080 % 3.89965500 % 0.90426000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.16137150 % 3.92632523 % 0.91079430 %
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 7.67064700
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 156.54
POOL TRADING FACTOR: 82.92666950
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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 20,968.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,465.20
SUBSERVICER ADVANCES THIS MONTH 21,954.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,182,166.24
(B) TWO MONTHLY PAYMENTS: 5 430,200.66
(C) THREE OR MORE MONTHLY PAYMENTS: 3 295,743.34
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 366,206.14
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 99,949,873.09
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,191
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 638,477.61
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.29537130 % 3.89965500 % 0.90426000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.26578220 % 3.92632524 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.72610332
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 156.22
POOL TRADING FACTOR: 85.04101414
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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 6,363.84
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 1,739.75
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 30,244,397.03
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 251,930.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.70453670 % 3.89965500 % 0.90426000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.65894270 % 3.92632523 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 0.00
FRAUD AMOUNT AVAILABLE 0.00
SPECIAL HAZARD AMOUNT AVAILABLE 0.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.48737749
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 157.58
POOL TRADING FACTOR: 76.63036719
................................................................................
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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 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 92,192,653.24 6.750000 % 1,421,570.24
A-2 76110FYL1 97,975,000.00 64,641,767.53 6.500000 % 135,057.04
A-3 76110FYM9 46,000,000.00 30,349,795.74 6.250000 % 63,410.29
A-4 76110FYN7 37,995,000.00 25,068,271.46 8.000000 % 52,375.52
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 89,382.03 0.000000 % 93.39
A-V 76110FYS6 0.00 0.00 0.808834 % 0.00
R 76110FYT4 100.00 0.00 6.750000 % 0.00
M-1 76110FYU1 12,410,000.00 12,252,560.84 6.750000 % 9,952.71
M-2 76110FYV9 5,563,000.00 5,492,425.15 6.750000 % 4,461.48
M-3 76110FYW7 4,279,000.00 4,224,714.56 6.750000 % 3,431.72
B-1 76110FYX5 2,567,500.00 2,534,927.49 6.750000 % 2,059.11
B-2 76110FYY3 1,283,800.00 1,267,513.11 6.750000 % 1,029.60
B-3 76110FYZ0 1,711,695.86 1,689,980.45 6.750000 % 1,372.77
- -------------------------------------------------------------------------------
427,918,417.16 353,633,991.60 1,694,813.87
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 518,462.29 1,940,032.53 0.00 0.00 90,771,083.00
A-2 350,060.96 485,118.00 0.00 0.00 64,506,710.49
A-3 158,034.85 221,445.14 0.00 0.00 30,286,385.45
A-4 167,082.69 219,458.21 0.00 0.00 25,015,895.94
A-5 144,860.47 144,860.47 0.00 0.00 25,759,000.00
A-6 495,283.43 495,283.43 0.00 0.00 88,071,000.00
A-P 0.00 93.39 0.00 0.00 89,288.64
A-V 238,303.63 238,303.63 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 68,904.52 78,857.23 0.00 0.00 12,242,608.13
M-2 30,887.66 35,349.14 0.00 0.00 5,487,963.67
M-3 23,758.46 27,190.18 0.00 0.00 4,221,282.84
B-1 14,255.63 16,314.74 0.00 0.00 2,532,868.38
B-2 7,128.09 8,157.69 0.00 0.00 1,266,483.51
B-3 9,503.92 10,876.69 0.00 0.00 1,688,607.68
- -------------------------------------------------------------------------------
2,226,526.60 3,921,340.47 0.00 0.00 351,939,177.73
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 884.698423 13.641661 4.975264 18.616925 0.000000 871.056762
A-2 659.778184 1.378485 3.572962 4.951447 0.000000 658.399699
A-3 659.778168 1.378485 3.435540 4.814025 0.000000 658.399684
A-4 659.778167 1.378485 4.397492 5.775977 0.000000 658.399683
A-5 1000.000000 0.000000 5.623684 5.623684 0.000000 1000.000000
A-6 1000.000000 0.000000 5.623684 5.623684 0.000000 1000.000000
A-P 937.692100 0.979739 0.000000 0.979739 0.000000 936.712361
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-1 987.313525 0.801991 5.552338 6.354329 0.000000 986.511533
M-2 987.313527 0.801992 5.552339 6.354331 0.000000 986.511535
M-3 987.313522 0.801991 5.552339 6.354330 0.000000 986.511531
B-1 987.313531 0.801990 5.552339 6.354329 0.000000 986.511540
B-2 987.313530 0.801994 5.552337 6.354331 0.000000 986.511536
B-3 987.313511 0.801988 5.552342 6.354330 0.000000 986.511520
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:42 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1998-QS14 (POOL # 4335)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4335
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 73,479.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 19,145.80
SUBSERVICER ADVANCES THIS MONTH 50,757.73
MASTER SERVICER ADVANCES THIS MONTH 1,134.86
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 41 4,962,144.13
(B) TWO MONTHLY PAYMENTS: 8 865,092.82
(C) THREE OR MORE MONTHLY PAYMENTS: 6 891,561.59
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 329,118.50
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 351,939,177.73
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,754
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 149,591.95
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,407,543.02
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.23234610 % 6.21412400 % 1.55352990 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.20127250 % 6.23740010 % 1.55974460 %
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 7.88543864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 337.90
POOL TRADING FACTOR: 82.24445680
................................................................................
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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 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 250,018,000.00 213,739,372.84 6.500000 % 1,908,029.37
NB 150,029,000.00 121,989,162.14 6.500000 % 534,831.21
A-V 0.00 0.00 0.999125 % 0.00
R 100.00 0.00 6.500000 % 0.00
M-1 14,626,000.00 14,459,485.42 6.500000 % 11,817.28
M-2 5,377,000.00 5,315,783.75 6.500000 % 4,344.42
M-3 4,517,000.00 4,465,574.72 6.500000 % 3,649.57
B-1 2,581,000.00 2,551,615.74 6.500000 % 2,085.35
B-2 1,290,500.00 1,275,807.86 6.500000 % 1,042.68
B-3 1,720,903.67 1,701,311.48 6.500000 % 1,390.43
- -------------------------------------------------------------------------------
430,159,503.67 365,498,113.95 2,467,190.31
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 1,157,389.20 3,065,418.57 0.00 0.00 211,831,343.47
NB 660,633.67 1,195,464.88 0.00 0.00 121,454,330.93
A-V 304,230.39 304,230.39 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 78,296.85 90,114.13 0.00 0.00 14,447,668.14
M-2 28,784.51 33,128.93 0.00 0.00 5,311,439.33
M-3 24,180.70 27,830.27 0.00 0.00 4,461,925.15
B-1 13,816.77 15,902.12 0.00 0.00 2,549,530.39
B-2 6,908.39 7,951.07 0.00 0.00 1,274,765.18
B-3 9,212.46 10,602.89 0.00 0.00 1,699,921.05
- -------------------------------------------------------------------------------
2,283,452.94 4,750,643.25 0.00 0.00 363,030,923.64
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 854.895939 7.631568 4.629223 12.260791 0.000000 847.264371
NB 813.103881 3.564852 4.403373 7.968225 0.000000 809.539029
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-1 988.615166 0.807964 5.353265 6.161229 0.000000 987.807202
M-2 988.615166 0.807964 5.353266 6.161230 0.000000 987.807203
M-3 988.615169 0.807963 5.353265 6.161228 0.000000 987.807206
B-1 988.615165 0.807962 5.353262 6.161224 0.000000 987.807203
B-2 988.615157 0.807966 5.353266 6.161232 0.000000 987.807191
B-3 988.615173 0.807965 5.353269 6.161234 0.000000 987.807208
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 75,972.89
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,047.21
SUBSERVICER ADVANCES THIS MONTH 59,941.56
MASTER SERVICER ADVANCES THIS MONTH 2,828.85
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 37 5,176,114.36
(B) TWO MONTHLY PAYMENTS: 7 1,215,246.35
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,194,642.51
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 827,716.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 363,030,923.64
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,654
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 2
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 407,292.36
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 2,168,636.28
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.85506630 % 6.63227600 % 1.51265760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.80641450 % 6.67189240 % 1.52169310 %
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 7.79786300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.20
POOL TRADING FACTOR: 84.39449101
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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 48,209.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,220.92
SUBSERVICER ADVANCES THIS MONTH 39,413.91
MASTER SERVICER ADVANCES THIS MONTH 697.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 3,710,372.34
(B) TWO MONTHLY PAYMENTS: 6 739,825.24
(C) THREE OR MORE MONTHLY PAYMENTS: 8 934,115.66
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 150,511.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 230,415,298.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,242
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 94,968.33
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,736,483.20
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.99491190 % 0.00000000 % 1.51265760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.93458300 % 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 7.90482203
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 338.58
POOL TRADING FACTOR: 85.70815165
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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 27,763.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 4,826.29
SUBSERVICER ADVANCES THIS MONTH 20,527.65
MASTER SERVICER ADVANCES THIS MONTH 2,131.38
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 1,465,742.02
(B) TWO MONTHLY PAYMENTS: 1 475,421.11
(C) THREE OR MORE MONTHLY PAYMENTS: 1 260,526.85
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 677,205.38
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 132,615,625.54
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 412
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 312,324.03
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 432,153.08
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.61106280 % 0.00000000 % 1.51265760 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.58372590 % 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 7.61202463
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.28
POOL TRADING FACTOR: 82.20533027
................................................................................
Run: 02/28/00 13:01:43 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 95,888,846.13 6.500000 % 781,179.69
A-P 76110FZB2 32,286.88 30,324.90 0.000000 % 120.29
A-V 76110FZC0 0.00 0.00 0.753529 % 0.00
R 76110FZD8 100.00 0.00 6.500000 % 0.00
M-1 76110FZE6 3,276,000.00 3,125,668.84 6.500000 % 11,452.83
M-2 76110FZF3 517,300.00 493,561.81 6.500000 % 1,808.47
M-3 76110FZG1 459,700.00 438,605.00 6.500000 % 1,607.10
B-1 76110FZH9 344,800.00 328,977.59 6.500000 % 1,205.41
B-2 76110FZJ5 229,800.00 219,254.77 6.500000 % 803.38
B-3 76110FZK2 344,884.43 329,058.15 6.500000 % 1,205.72
- -------------------------------------------------------------------------------
114,943,871.31 100,854,297.19 799,382.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 519,144.27 1,300,323.96 0.00 0.00 95,107,666.44
A-P 0.00 120.29 0.00 0.00 30,204.61
A-V 63,299.61 63,299.61 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 16,922.44 28,375.27 0.00 0.00 3,114,216.01
M-2 2,672.15 4,480.62 0.00 0.00 491,753.34
M-3 2,374.62 3,981.72 0.00 0.00 436,997.90
B-1 1,781.09 2,986.50 0.00 0.00 327,772.18
B-2 1,187.05 1,990.43 0.00 0.00 218,451.39
B-3 1,781.53 2,987.25 0.00 0.00 327,852.43
- -------------------------------------------------------------------------------
609,162.76 1,408,545.65 0.00 0.00 100,054,914.30
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 873.790048 7.118524 4.730718 11.849242 0.000000 866.671525
A-P 939.232902 3.725662 0.000000 3.725662 0.000000 935.507240
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-1 954.111368 3.495980 5.165580 8.661560 0.000000 950.615388
M-2 954.111367 3.495979 5.165571 8.661550 0.000000 950.615388
M-3 954.111377 3.495976 5.165586 8.661562 0.000000 950.615401
B-1 954.111340 3.495969 5.165574 8.661543 0.000000 950.615371
B-2 954.111271 3.495997 5.165579 8.661576 0.000000 950.615274
B-3 954.111353 3.495983 5.165585 8.661568 0.000000 950.615341
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:43 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS16 (POOL # 4337)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4337
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 20,967.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,915.18
SUBSERVICER ADVANCES THIS MONTH 13,422.48
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 11 834,917.52
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 3 555,017.01
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 100,054,914.30
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,112
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 429,836.55
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.10520560 % 4.02467300 % 0.87012100 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.08417140 % 4.04074830 % 0.87386010 %
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 7.58009582
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 158.92
POOL TRADING FACTOR: 87.04675870
................................................................................
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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 5,587,596.16 6.500000 % 364,501.95
A-2 76110FZY2 100,000,000.00 80,291,075.79 6.500000 % 1,101,425.41
A-3 76110FZZ9 33,937,000.00 28,086,266.04 6.500000 % 326,965.95
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 200,070,000.00 174,667,363.07 6.500000 % 1,240,373.10
NB-1 76110FA78 73,215,000.00 60,455,374.33 6.500000 % 378,551.78
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 59,329.47 0.000000 % 67.92
A-V 76110FB77 0.00 0.00 0.954503 % 0.00
R 76110FB85 100.00 0.00 6.500000 % 0.00
M-1 76110FB93 19,207,000.00 19,004,608.81 6.500000 % 15,544.64
M-2 76110FC27 7,062,000.00 6,987,585.10 6.500000 % 5,715.43
M-3 76110FC35 5,932,000.00 5,869,492.35 6.500000 % 4,800.89
B-1 76110FC43 3,389,000.00 3,353,288.85 6.500000 % 2,742.79
B-2 76110FC50 1,694,000.00 1,676,149.70 6.500000 % 1,370.99
B-3 76110FC68 2,259,938.31 2,236,246.35 6.500000 % 1,829.12
- -------------------------------------------------------------------------------
564,904,279.15 494,242,376.02 3,443,889.97
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 30,261.28 394,763.23 0.00 0.00 5,223,094.21
A-2 434,839.98 1,536,265.39 0.00 0.00 79,189,650.38
A-3 152,109.45 479,075.40 0.00 0.00 27,759,300.09
A-4 135,394.87 135,394.87 0.00 0.00 25,000,000.00
A-5 77,559.59 77,559.59 0.00 0.00 14,321,000.00
A-6 3,915.62 3,915.62 0.00 0.00 723,000.00
A-7 81,236.92 81,236.92 0.00 0.00 15,000,000.00
A-8 129,979.07 129,979.07 0.00 0.00 24,000,000.00
CB 945,771.36 2,186,144.46 0.00 0.00 173,426,989.97
NB-1 327,438.99 705,990.77 0.00 0.00 60,076,822.55
NB-2 10,832.42 10,832.42 0.00 0.00 2,000,000.00
NB-3 25,591.59 25,591.59 0.00 0.00 4,725,000.00
NB-4 25,645.76 25,645.76 0.00 0.00 4,735,000.00
NB-5 15,165.39 15,165.39 0.00 0.00 2,800,000.00
NB-6 14,428.78 14,428.78 0.00 0.00 2,664,000.00
NB-7 54,162.10 54,162.10 0.00 0.00 10,000,000.00
A-P 0.00 67.92 0.00 0.00 59,261.55
A-V 393,042.08 393,042.08 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 102,914.94 118,459.58 0.00 0.00 18,989,064.17
M-2 37,839.61 43,555.04 0.00 0.00 6,981,869.67
M-3 31,784.84 36,585.73 0.00 0.00 5,864,691.46
B-1 18,158.94 20,901.73 0.00 0.00 3,350,546.06
B-2 9,076.79 10,447.78 0.00 0.00 1,674,778.71
B-3 12,109.86 13,938.98 0.00 0.00 2,234,417.25
- -------------------------------------------------------------------------------
3,069,260.23 6,513,150.20 0.00 0.00 490,798,486.07
===============================================================================
Run: 02/28/00 13:02:30
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-1 461.403481 30.099253 2.498867 32.598120 0.000000 431.304229
A-2 802.910758 11.014254 4.348400 15.362654 0.000000 791.896504
A-3 827.600143 9.634498 4.482112 14.116610 0.000000 817.965645
A-4 1000.000000 0.000000 5.415795 5.415795 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415794 5.415794 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415795 5.415795 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415795 5.415795 0.000000 1000.000000
A-8 1000.000000 0.000000 5.415795 5.415795 0.000000 1000.000000
CB 873.031254 6.199696 4.727202 10.926898 0.000000 866.831559
NB-1 825.723886 5.170413 4.472294 9.642707 0.000000 820.553473
NB-2 1000.000000 0.000000 5.416208 5.416208 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.416210 5.416210 0.000000 1000.000000
NB-4 1000.000000 0.000000 5.416210 5.416210 0.000000 1000.000000
NB-5 1000.000000 0.000000 5.416211 5.416211 0.000000 1000.000000
NB-6 1000.000000 0.000000 5.416210 5.416210 0.000000 1000.000000
NB-7 1000.000000 0.000000 5.416210 5.416210 0.000000 1000.000000
A-P 984.871227 1.127429 0.000000 1.127429 0.000000 983.743798
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 989.462634 0.809322 5.358199 6.167521 0.000000 988.653312
M-2 989.462631 0.809322 5.358200 6.167522 0.000000 988.653309
M-3 989.462635 0.809321 5.358199 6.167520 0.000000 988.653314
B-1 989.462629 0.809321 5.358200 6.167521 0.000000 988.653308
B-2 989.462633 0.809321 5.358197 6.167518 0.000000 988.653312
B-3 989.516546 0.809367 5.358491 6.167858 0.000000 988.707186
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 102,882.43
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 24,015.41
SUBSERVICER ADVANCES THIS MONTH 72,987.01
MASTER SERVICER ADVANCES THIS MONTH 714.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 53 6,362,489.55
(B) TWO MONTHLY PAYMENTS: 13 2,543,677.44
(C) THREE OR MORE MONTHLY PAYMENTS: 8 958,652.34
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 325,173.47
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 490,798,486.07
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,700
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 101,370.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 3,040,273.26
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.07135960 % 6.44657100 % 1.47006510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.02225960 % 6.48649623 % 1.47916960 %
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 7.78260600
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.58
POOL TRADING FACTOR: 86.88170796
Run: 02/28/00 13:02:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,521.61
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,601.78
SUBSERVICER ADVANCES THIS MONTH 23,695.03
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 2,681,911.60
(B) TWO MONTHLY PAYMENTS: 2 236,319.54
(C) THREE OR MORE MONTHLY PAYMENTS: 2 210,544.85
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 188,378.53
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 207,975,888.50
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,558
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 1,633,822.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.00425420 % 0.00000000 % 1.47006510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.94144860 % 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 7.76097987
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.23
POOL TRADING FACTOR: 85.92246532
Run: 02/28/00 13:02:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 39,607.12
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,442.99
SUBSERVICER ADVANCES THIS MONTH 33,160.37
MASTER SERVICER ADVANCES THIS MONTH 714.56
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,088,001.43
(B) TWO MONTHLY PAYMENTS: 8 843,193.54
(C) THREE OR MORE MONTHLY PAYMENTS: 5 508,412.14
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 136,794.94
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 188,338,432.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,852
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 101,370.22
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,101,402.12
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.12865740 % 0.00000000 % 1.47006510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.08263430 % 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 7.92277653
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 339.39
POOL TRADING FACTOR: 87.53969383
Run: 02/28/00 13:02:30 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1998-QS17 (POOL # 4347)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4347
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 19,753.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,970.64
SUBSERVICER ADVANCES THIS MONTH 16,131.61
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 2 592,576.52
(B) TWO MONTHLY PAYMENTS: 3 1,464,164.36
(C) THREE OR MORE MONTHLY PAYMENTS: 1 239,695.35
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 94,484,165.14
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 290
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 305,048.22
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.10524220 % 0.00000000 % 1.47006510 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.07979180 % 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 7.55080421
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 340.75
POOL TRADING FACTOR: 87.72308145
................................................................................
Run: 02/28/00 13:01:49 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1(POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4355
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110FC84 49,523,000.00 18,291,683.80 6.500000 % 1,652,545.21
A-2 76110FC92 25,000,000.00 25,000,000.00 6.500000 % 0.00
A-3 76110FD26 25,001,570.00 24,697,888.77 6.500000 % 19,721.31
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 15,825.92 0.000000 % 16.48
A-V 76110FD75 0.00 0.00 1.060464 % 0.00
R 76110FD83 100.00 0.00 6.500000 % 0.00
M-1 76110FD91 9,141,000.00 9,029,968.97 6.500000 % 7,210.45
M-2 76110FE25 3,360,700.00 3,319,879.31 6.500000 % 2,650.93
M-3 76110FE33 2,823,000.00 2,788,710.46 6.500000 % 2,226.79
B-1 76110FE41 1,613,200.00 1,593,605.29 6.500000 % 1,272.50
B-2 76110FE58 806,600.00 796,802.64 6.500000 % 636.25
B-3 76110FE66 1,075,021.18 1,061,963.43 6.500000 % 847.97
- -------------------------------------------------------------------------------
268,851,631.00 237,087,358.59 1,687,127.89
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 99,057.47 1,751,602.68 0.00 0.00 16,639,138.59
A-2 135,385.94 135,385.94 0.00 0.00 25,000,000.00
A-3 133,749.87 153,471.18 0.00 0.00 24,678,167.46
A-4 13,405.07 13,405.07 0.00 0.00 2,475,344.00
A-5 75,951.67 75,951.67 0.00 0.00 14,025,030.00
A-6 725,618.03 725,618.03 0.00 0.00 133,990,656.00
A-P 0.00 16.48 0.00 0.00 15,809.44
A-V 209,471.38 209,471.38 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 48,901.23 56,111.68 0.00 0.00 9,022,758.52
M-2 17,978.60 20,629.53 0.00 0.00 3,317,228.38
M-3 15,102.08 17,328.87 0.00 0.00 2,786,483.67
B-1 8,630.07 9,902.57 0.00 0.00 1,592,332.79
B-2 4,315.03 4,951.28 0.00 0.00 796,166.39
B-3 5,750.99 6,598.96 0.00 0.00 1,061,115.46
- -------------------------------------------------------------------------------
1,493,317.43 3,180,445.32 0.00 0.00 235,400,230.70
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 369.357345 33.369247 2.000232 35.369479 0.000000 335.988098
A-2 1000.000000 0.000000 5.415438 5.415438 0.000000 1000.000000
A-3 987.853514 0.788803 5.349659 6.138462 0.000000 987.064711
A-4 1000.000000 0.000000 5.415437 5.415437 0.000000 1000.000000
A-5 1000.000000 0.000000 5.415437 5.415437 0.000000 1000.000000
A-6 1000.000000 0.000000 5.415438 5.415438 0.000000 1000.000000
A-P 964.417647 1.004277 0.000000 1.004277 0.000000 963.413371
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-1 987.853514 0.788803 5.349659 6.138462 0.000000 987.064711
M-2 987.853516 0.788803 5.349659 6.138462 0.000000 987.064713
M-3 987.853510 0.788803 5.349656 6.138459 0.000000 987.064708
B-1 987.853515 0.788805 5.349659 6.138464 0.000000 987.064710
B-2 987.853509 0.788805 5.349653 6.138458 0.000000 987.064704
B-3 987.853495 0.788803 5.349653 6.138456 0.000000 987.064701
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:50 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE PASS-THROUGH CERTIFICATES SERIES 1999-QS1 (POOL # 4355)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4355
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 49,260.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 12,044.45
SUBSERVICER ADVANCES THIS MONTH 46,727.29
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 26 3,475,730.48
(B) TWO MONTHLY PAYMENTS: 6 1,626,903.31
(C) THREE OR MORE MONTHLY PAYMENTS: 6 806,365.04
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 631,603.85
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 235,400,230.70
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,747
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 1,497,810.18
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.15809260 % 6.38565000 % 1.45625720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.10819260 % 6.42585206 % 1.46552380 %
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 7.88864350
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.22
POOL TRADING FACTOR: 87.55767254
................................................................................
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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 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 2,651,464.81 6.500000 % 893,947.82
A-2 76110FE74 95,030,000.00 95,030,000.00 6.500000 % 0.00
A-3 76110FE82 135,727,000.00 117,245,573.21 6.500000 % 1,072,991.94
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 26,357.88 0.000000 % 25.69
A-V 76110FF81 0.00 0.00 1.036488 % 0.00
R 76110FF99 100.00 0.00 6.500000 % 0.00
M-1 76110FG23 10,297,000.00 10,204,369.09 6.500000 % 11,706.51
M-2 76110FG31 3,861,100.00 3,826,365.90 6.500000 % 4,389.63
M-3 76110FG49 3,378,500.00 3,348,107.32 6.500000 % 3,840.97
B-1 76110FG56 1,930,600.00 1,913,232.50 6.500000 % 2,194.87
B-2 76110FG64 965,300.00 956,616.25 6.500000 % 1,097.44
B-3 76110FG72 1,287,113.52 1,275,534.77 6.500000 % 1,463.30
- -------------------------------------------------------------------------------
321,757,386.08 287,673,621.73 1,991,658.17
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 14,355.53 908,303.35 0.00 0.00 1,757,516.99
A-2 514,510.31 514,510.31 0.00 0.00 95,030,000.00
A-3 634,789.61 1,707,781.55 0.00 0.00 116,172,581.27
A-4 20,563.09 20,563.09 0.00 0.00 3,798,000.00
A-5 28,256.65 28,256.65 0.00 0.00 5,219,000.00
A-6 4,997.71 4,997.71 0.00 0.00 1,000,000.00
A-7 5,830.66 5,830.66 0.00 0.00 1,000,000.00
A-8 43,329.75 43,329.75 0.00 0.00 8,003,000.00
A-9 174,206.93 174,206.93 0.00 0.00 32,176,000.00
A-P 0.00 25.69 0.00 0.00 26,332.19
A-V 248,361.64 248,361.64 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 55,248.38 66,954.89 0.00 0.00 10,192,662.58
M-2 20,716.67 25,106.30 0.00 0.00 3,821,976.27
M-3 18,127.28 21,968.25 0.00 0.00 3,344,266.35
B-1 10,358.60 12,553.47 0.00 0.00 1,911,037.63
B-2 5,179.30 6,276.74 0.00 0.00 955,518.81
B-3 6,905.99 8,369.29 0.00 0.00 1,261,871.01
- -------------------------------------------------------------------------------
1,805,738.10 3,797,396.27 0.00 0.00 285,669,763.10
===============================================================================
Run: 02/28/00 13:01:51
Page: 2 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2(POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4362
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 146.903696 49.528939 0.795364 50.324303 0.000000 97.374757
A-2 1000.000000 0.000000 5.414188 5.414188 0.000000 1000.000000
A-3 863.833822 7.905516 4.676959 12.582475 0.000000 855.928307
A-4 1000.000000 0.000000 5.414189 5.414189 0.000000 1000.000000
A-5 1000.000000 0.000000 5.414189 5.414189 0.000000 1000.000000
A-6 1000.000000 0.000000 4.997710 4.997710 0.000000 1000.000000
A-7 1000.000000 0.000000 5.830660 5.830660 0.000000 1000.000000
A-8 1000.000000 0.000000 5.414188 5.414188 0.000000 1000.000000
A-9 1000.000000 0.000000 5.414189 5.414189 0.000000 1000.000000
A-P 738.883893 0.720161 0.000000 0.720161 0.000000 738.163732
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-1 991.004088 1.136886 5.365483 6.502369 0.000000 989.867202
M-2 991.004092 1.136886 5.365484 6.502370 0.000000 989.867206
M-3 991.004091 1.136886 5.365482 6.502368 0.000000 989.867204
B-1 991.004092 1.136885 5.365482 6.502367 0.000000 989.867207
B-2 991.004092 1.136890 5.365482 6.502372 0.000000 989.867202
B-3 991.004096 1.136885 5.365486 6.502371 0.000000 980.388281
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:52 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS2 (POOL # 4362)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4362
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 59,705.91
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,970.80
SUBSERVICER ADVANCES THIS MONTH 50,520.13
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 32 5,089,554.23
(B) TWO MONTHLY PAYMENTS: 9 597,650.34
(C) THREE OR MORE MONTHLY PAYMENTS: 9 1,186,000.07
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 274,960.43
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 285,669,763.10
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,135
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 1,572,216.62
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 104,001.33
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.51714560 % 6.04172000 % 1.44113430 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.47756810 % 6.07656373 % 1.44530800 %
BANKRUPTCY AMOUNT AVAILABLE 115,826.00
FRAUD AMOUNT AVAILABLE 6,435,148.00
SPECIAL HAZARD AMOUNT AVAILABLE 32,175,740.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86331632
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 342.68
POOL TRADING FACTOR: 88.78421303
................................................................................
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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 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 167,033,000.00 148,656,833.38 6.500000 % 1,482,027.02
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 40,860,568.60 6.500000 % 333,842.71
A-5 76110FJ79 60,600,000.00 40,731,257.33 6.500000 % 1,602,402.40
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 47,171,177.19 6.500000 % 37,572.08
A-P 76110FK36 12,443.31 12,049.70 0.000000 % 13.68
A-V 76110FK44 0.00 0.00 1.014016 % 0.00
R 76110FK51 100.00 0.00 6.500000 % 0.00
M-1 76110FK69 16,301,800.00 16,180,299.35 6.500000 % 12,887.69
M-2 76110FK77 6,113,300.00 6,067,736.34 6.500000 % 4,832.98
M-3 76110FK85 5,349,000.00 5,309,132.82 6.500000 % 4,228.75
B-1 76110FK93 3,056,500.00 3,033,719.29 6.500000 % 2,416.37
B-2 76110FL27 1,528,300.00 1,516,909.26 6.500000 % 1,208.23
B-3 76110FL35 2,037,744.61 1,984,459.93 6.500000 % 1,580.62
- -------------------------------------------------------------------------------
509,426,187.92 466,391,143.19 3,483,012.53
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 805,017.91 2,287,044.93 0.00 0.00 147,174,806.36
A-2 48,807.89 48,807.89 0.00 0.00 9,013,000.00
A-3 140,006.57 140,006.57 0.00 0.00 25,854,000.00
A-4 221,271.29 555,114.00 0.00 0.00 40,526,725.89
A-5 220,571.03 1,822,973.43 0.00 0.00 39,128,854.93
A-6 541,527.69 541,527.69 0.00 0.00 100,000,000.00
A-7 108,305.53 108,305.53 0.00 0.00 20,000,000.00
A-8 255,444.98 293,017.06 0.00 0.00 47,133,605.11
A-P 0.00 13.68 0.00 0.00 12,036.02
A-V 394,005.59 394,005.59 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 87,620.80 100,508.49 0.00 0.00 16,167,411.66
M-2 32,858.48 37,691.46 0.00 0.00 6,062,903.36
M-3 28,750.42 32,979.17 0.00 0.00 5,304,904.07
B-1 16,428.43 18,844.80 0.00 0.00 3,031,302.92
B-2 8,214.48 9,422.71 0.00 0.00 1,515,701.03
B-3 10,746.40 12,327.02 0.00 0.00 1,982,879.31
- -------------------------------------------------------------------------------
2,919,577.49 6,402,590.02 0.00 0.00 462,908,130.66
===============================================================================
Run: 02/28/00 13:01:52
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-1 889.984814 8.872660 4.819514 13.692174 0.000000 881.112154
A-2 1000.000000 0.000000 5.415277 5.415277 0.000000 1000.000000
A-3 1000.000000 0.000000 5.415277 5.415277 0.000000 1000.000000
A-4 908.012636 7.418727 4.917140 12.335867 0.000000 900.593909
A-5 672.132959 26.442284 3.639786 30.082070 0.000000 645.690675
A-6 1000.000000 0.000000 5.415277 5.415277 0.000000 1000.000000
A-7 1000.000000 0.000000 5.415277 5.415277 0.000000 1000.000000
A-8 992.513249 0.790542 5.374734 6.165276 0.000000 991.722707
A-P 968.367741 1.099386 0.000000 1.099386 0.000000 967.268355
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-1 992.546795 0.790569 5.374916 6.165485 0.000000 991.756227
M-2 992.546798 0.790568 5.374917 6.165485 0.000000 991.756230
M-3 992.546798 0.790568 5.374915 6.165483 0.000000 991.756229
B-1 992.546799 0.790568 5.374916 6.165484 0.000000 991.756231
B-2 992.546791 0.790571 5.374913 6.165484 0.000000 991.756219
B-3 973.851149 0.775676 5.273674 6.049350 0.000000 973.075476
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:52 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 96,873.24
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 23,606.43
SUBSERVICER ADVANCES THIS MONTH 101,590.57
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 81 11,304,015.70
(B) TWO MONTHLY PAYMENTS: 12 1,453,159.28
(C) THREE OR MORE MONTHLY PAYMENTS: 8 1,003,788.98
FORECLOSURES
NUMBER OF LOANS 4
AGGREGATE PRINCIPAL BALANCE 422,296.93
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 462,908,130.66
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 3,988
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 3,111,525.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.69001170 % 5.90874900 % 1.40123960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.64087500 % 5.94831183 % 1.41065850 %
BANKRUPTCY AMOUNT AVAILABLE 181,971.00
FRAUD AMOUNT AVAILABLE 10,188,524.00
SPECIAL HAZARD AMOUNT AVAILABLE 5,094,262.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.84298389
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 341.97
POOL TRADING FACTOR: 90.86853830
................................................................................
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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-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 200,000,000.00 182,428,939.46 6.250000 % 2,159,510.94
A-P 76110FH22 33,549.74 31,358.23 0.000000 % 226.67
A-V 76110FH30 0.00 0.00 0.899219 % 0.00
R 76110FH48 100.00 0.00 6.250000 % 0.00
M-1 76110FH55 5,865,400.00 5,671,454.77 6.250000 % 20,165.81
M-2 76110FH63 942,600.00 911,431.98 6.250000 % 3,240.75
M-3 76110FH71 942,600.00 911,431.98 6.250000 % 3,240.75
B-1 76110FH89 628,400.00 607,621.33 6.250000 % 2,160.50
B-2 76110FH97 523,700.00 506,383.33 6.250000 % 1,800.53
B-3 76110FJ20 523,708.79 506,391.87 6.250000 % 1,800.57
- -------------------------------------------------------------------------------
209,460,058.53 191,575,012.95 2,192,146.52
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 949,675.64 3,109,186.58 0.00 0.00 180,269,428.52
A-P 0.00 226.67 0.00 0.00 31,131.56
A-V 143,484.77 143,484.77 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 29,524.06 49,689.87 0.00 0.00 5,651,288.96
M-2 4,744.67 7,985.42 0.00 0.00 908,191.23
M-3 4,744.67 7,985.42 0.00 0.00 908,191.23
B-1 3,163.11 5,323.61 0.00 0.00 605,460.83
B-2 2,636.09 4,436.62 0.00 0.00 504,582.80
B-3 2,636.14 4,436.71 0.00 0.00 504,591.30
- -------------------------------------------------------------------------------
1,140,609.15 3,332,755.67 0.00 0.00 189,382,866.43
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 912.144697 10.797555 4.748378 15.545933 0.000000 901.347143
A-P 934.678778 6.756237 0.000000 6.756237 0.000000 927.922541
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-1 966.934015 3.438096 5.033597 8.471693 0.000000 963.495918
M-2 966.933991 3.438097 5.033599 8.471696 0.000000 963.495894
M-3 966.933991 3.438097 5.033599 8.471696 0.000000 963.495894
B-1 966.934007 3.438097 5.033593 8.471690 0.000000 963.495910
B-2 966.933989 3.438094 5.033588 8.471682 0.000000 963.495895
B-3 966.934067 3.438094 5.033599 8.471693 0.000000 963.495954
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:53 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 39,796.07
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 9,415.81
SUBSERVICER ADVANCES THIS MONTH 22,349.60
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,424,842.90
(B) TWO MONTHLY PAYMENTS: 5 700,111.36
(C) THREE OR MORE MONTHLY PAYMENTS: 3 210,150.61
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 22,903.24
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 189,382,866.43
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,953
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 1,510,953.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.24144230 % 3.91259000 % 0.84596720 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.20347340 % 3.94316105 % 0.85271730 %
BANKRUPTCY AMOUNT AVAILABLE 100,000.00
FRAUD AMOUNT AVAILABLE 4,189,201.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,094,601.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.47759626
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 162.32
POOL TRADING FACTOR: 90.41478732
................................................................................
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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 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 166,515,517.00 154,998,018.51 7.250000 % 1,548,799.68
CB-P 76110FL68 12,334,483.00 11,481,334.94 0.000000 % 114,725.90
NB-1 76110FL76 36,987,960.00 31,175,155.82 6.750000 % 582,342.88
NB-2 76110FL84 3,534,000.00 3,534,000.00 6.750000 % 0.00
NB-3 76110FL92 9,618,710.00 9,618,710.00 6.750000 % 0.00
NB-4 76110FM26 21,500,000.00 14,639,011.58 6.750000 % 687,341.07
NB-5 76110FM34 24,546,330.00 24,546,330.00 6.750000 % 0.00
A-P 76110FM42 248,854.76 246,024.76 0.000000 % 330.30
A-V 76110FM59 0.00 0.00 0.793840 % 0.00
R 76110FM67 100.00 0.00 6.750000 % 0.00
M-1 76110FM75 9,620,300.00 9,557,554.44 6.750000 % 8,827.52
M-2 76110FM83 3,848,100.00 3,823,001.91 6.750000 % 3,530.99
M-3 76110FM91 3,256,100.00 3,234,863.05 6.750000 % 2,987.77
B-1 76110FN25 1,924,100.00 1,911,550.63 6.750000 % 1,765.54
B-2 76110FN33 888,100.00 882,307.64 6.750000 % 814.91
B-3 76110FN41 1,183,701.20 1,175,924.25 6.750000 % 1,026.52
- -------------------------------------------------------------------------------
296,006,355.96 270,823,787.53 2,952,493.08
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 935,601.22 2,484,400.90 0.00 0.00 153,449,218.83
CB-P 0.00 114,725.90 0.00 0.00 11,366,609.04
NB-1 175,332.49 757,675.37 0.00 0.00 30,592,812.94
NB-2 19,875.60 19,875.60 0.00 0.00 3,534,000.00
NB-3 54,096.67 54,096.67 0.00 0.00 9,618,710.00
NB-4 82,331.40 769,672.47 0.00 0.00 13,951,670.51
NB-5 138,051.25 138,051.25 0.00 0.00 24,546,330.00
A-P 0.00 330.30 0.00 0.00 245,694.46
A-V 179,042.06 179,042.06 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 53,722.33 62,549.85 0.00 0.00 9,548,726.92
M-2 21,488.83 25,019.82 0.00 0.00 3,819,470.92
M-3 18,182.93 21,170.70 0.00 0.00 3,231,875.28
B-1 10,744.69 12,510.23 0.00 0.00 1,909,785.09
B-2 4,959.39 5,774.30 0.00 0.00 881,492.73
B-3 6,609.78 7,636.30 0.00 0.00 1,174,897.74
- -------------------------------------------------------------------------------
1,700,038.64 4,652,531.72 0.00 0.00 267,871,294.46
===============================================================================
Run: 02/28/00 13:22:21
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-1 930.832281 9.301233 5.618703 14.919936 0.000000 921.531048
CB-P 930.832281 9.301233 0.000000 9.301233 0.000000 921.531048
NB-1 842.846046 15.744120 4.740258 20.484378 0.000000 827.101926
NB-2 1000.000000 0.000000 5.624109 5.624109 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.624109 5.624109 0.000000 1000.000000
NB-4 680.884260 31.969352 3.829367 35.798719 0.000000 648.914907
NB-5 1000.000000 0.000000 5.624110 5.624110 0.000000 1000.000000
A-P 988.627905 1.327290 0.000000 1.327290 0.000000 987.300615
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-1 993.477796 0.917593 5.584268 6.501861 0.000000 992.560203
M-2 993.477797 0.917593 5.584270 6.501863 0.000000 992.560204
M-3 993.477796 0.917592 5.584266 6.501858 0.000000 992.560204
B-1 993.477797 0.917593 5.584268 6.501861 0.000000 992.560205
B-2 993.477807 0.917588 5.584270 6.501858 0.000000 992.560218
B-3 993.429972 0.867212 5.583994 6.451206 0.000000 992.562770
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:22:22 rept2.frg
Page: 3 of 3
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 56,133.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,365.43
SUBSERVICER ADVANCES THIS MONTH 45,020.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 24 4,645,155.71
(B) TWO MONTHLY PAYMENTS: 5 630,406.48
(C) THREE OR MORE MONTHLY PAYMENTS: 3 692,691.65
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 434,158.71
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 267,871,294.46
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,969
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 2,702,332.84
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 41,679.82
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.39213090 % 6.13514000 % 1.46581750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.31529100 % 6.19703323 % 1.48198660 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.86529400
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.23
POOL TRADING FACTOR: 90.49511575
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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-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 37,320.48
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,986.99
SUBSERVICER ADVANCES THIS MONTH 20,914.28
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,362,213.35
(B) TWO MONTHLY PAYMENTS: 4 359,757.81
(C) THREE OR MORE MONTHLY PAYMENTS: 2 198,623.68
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 31,253.90
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 178,270,611.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,741
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 1,498,773.05
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 41,679.82
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.55975380 % 6.13514000 % 1.46581750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.49717310 % 6.19703323 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.95670123
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.43
POOL TRADING FACTOR: 92.65347300
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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-QS5 (POOL # 4372)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4372
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,813.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,378.44
SUBSERVICER ADVANCES THIS MONTH 24,106.19
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 2,282,942.36
(B) TWO MONTHLY PAYMENTS: 1 270,648.67
(C) THREE OR MORE MONTHLY PAYMENTS: 1 494,067.97
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 402,904.81
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,600,682.95
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 228
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 1,203,559.79
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.05978820 % 6.13514000 % 1.46581750 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.95294400 % 6.19703322 % 0.00000000 %
BANKRUPTCY AMOUNT AVAILABLE 150,000.00
FRAUD AMOUNT AVAILABLE 5,920,127.00
SPECIAL HAZARD AMOUNT AVAILABLE 2,960,064.00
ENDING GROSS WEIGHTED AVERAGE INTEREST RATE 7.68342864
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 344.83
POOL TRADING FACTOR: 86.48664154
................................................................................
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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 226,382,557.00 212,106,642.78 7.000000 % 1,414,457.00
CB-P 76110FN66 17,414,043.00 16,315,895.75 0.000000 % 108,804.39
NB-1 76110FN74 114,280,000.00 101,326,100.73 6.500000 % 369,372.69
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 46,963.81 0.000000 % 51.36
A-V 76110FP31 0.00 0.00 0.999641 % 0.00
R 76110FP49 100.00 0.00 6.500000 % 0.00
M-1 76110FP56 12,871,500.00 12,794,244.64 6.500000 % 9,828.76
M-2 76110FP64 4,826,800.00 4,797,829.30 6.500000 % 3,685.77
M-3 76110FP72 4,223,400.00 4,198,050.94 6.500000 % 3,225.01
B-1 76110FP80 2,413,400.00 2,398,914.66 6.500000 % 1,842.89
B-2 76110FP98 1,206,800.00 1,199,556.72 6.500000 % 921.52
B-3 76110FQ22 1,608,966.42 1,599,348.47 6.500000 % 1,231.83
- -------------------------------------------------------------------------------
402,235,002.10 373,743,647.80 1,913,421.22
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,236,716.52 2,651,173.52 0.00 0.00 210,692,185.78
CB-P 0.00 108,804.39 0.00 0.00 16,207,091.36
NB-1 548,752.71 918,125.40 0.00 0.00 100,956,728.04
NB-2 20,774.66 20,774.66 0.00 0.00 3,836,000.00
NB-3 71,076.32 71,076.32 0.00 0.00 13,124,100.00
A-P 0.00 51.36 0.00 0.00 46,912.45
A-V 311,227.79 311,227.79 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 69,272.89 79,101.65 0.00 0.00 12,784,415.88
M-2 25,977.27 29,663.04 0.00 0.00 4,794,143.53
M-3 22,729.84 25,954.85 0.00 0.00 4,194,825.93
B-1 12,988.63 14,831.52 0.00 0.00 2,397,071.77
B-2 6,494.86 7,416.38 0.00 0.00 1,198,635.20
B-3 8,659.48 9,891.31 0.00 0.00 1,598,116.64
- -------------------------------------------------------------------------------
2,334,670.97 4,248,092.19 0.00 0.00 371,830,226.58
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 936.938983 6.248083 5.462950 11.711033 0.000000 930.690900
CB-P 936.938984 6.248083 0.000000 6.248083 0.000000 930.690900
NB-1 886.647714 3.232173 4.801826 8.033999 0.000000 883.415541
NB-2 1000.000000 0.000000 5.415709 5.415709 0.000000 1000.000000
NB-3 1000.000000 0.000000 5.415710 5.415710 0.000000 1000.000000
A-P 992.143981 1.085116 0.000000 1.085116 0.000000 991.058865
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-1 993.997952 0.763606 5.381882 6.145488 0.000000 993.234346
M-2 993.997949 0.763605 5.381882 6.145487 0.000000 993.234344
M-3 993.997950 0.763605 5.381882 6.145487 0.000000 993.234344
B-1 993.997953 0.763607 5.381880 6.145487 0.000000 993.234346
B-2 993.997945 0.763606 5.381886 6.145492 0.000000 993.234339
B-3 994.022280 0.763627 5.382014 6.145641 0.000000 993.256680
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 77,704.30
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 22,029.49
SUBSERVICER ADVANCES THIS MONTH 42,451.85
MASTER SERVICER ADVANCES THIS MONTH 659.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 3,553,956.62
(B) TWO MONTHLY PAYMENTS: 5 376,406.95
(C) THREE OR MORE MONTHLY PAYMENTS: 14 1,521,130.07
FORECLOSURES
NUMBER OF LOANS 3
AGGREGATE PRINCIPAL BALANCE 496,129.49
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 371,830,226.58
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,599
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 89,386.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,626,296.86
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.77811500 % 5.83023300 % 1.39074470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.74652520 % 5.85573302 % 1.39700290 %
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 7.82667100
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 346.47
POOL TRADING FACTOR: 92.44104184
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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 51,130.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,832.54
SUBSERVICER ADVANCES THIS MONTH 27,076.99
MASTER SERVICER ADVANCES THIS MONTH 659.47
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 19 2,121,748.64
(B) TWO MONTHLY PAYMENTS: 5 376,406.95
(C) THREE OR MORE MONTHLY PAYMENTS: 12 999,346.82
FORECLOSURES
NUMBER OF LOANS 2
AGGREGATE PRINCIPAL BALANCE 156,363.48
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 244,426,455.97
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,215
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 1
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 89,386.25
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,348,829.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.87523850 % 5.83023300 % 1.39074470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.83591890 % 5.85573302 % 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 7.90545172
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 345.68
POOL TRADING FACTOR: 93.49092001
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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 26,573.59
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,196.95
SUBSERVICER ADVANCES THIS MONTH 15,374.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 4 1,432,207.98
(B) TWO MONTHLY PAYMENTS: 0 0.00
(C) THREE OR MORE MONTHLY PAYMENTS: 2 521,783.25
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 339,766.01
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 127,403,770.61
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 384
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 277,467.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.59113350 % 5.83023300 % 1.39074470 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.57499450 % 5.85573302 % 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 7.67552929
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 348.00
POOL TRADING FACTOR: 90.49145330
................................................................................
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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-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 260,286,000.00 238,211,870.14 6.750000 % 2,034,572.94
A-2 76110FQ48 15,420,000.00 14,849,521.96 6.750000 % 83,346.99
A-3 76110FQ55 35,050,000.00 35,050,000.00 6.750000 % 0.00
A-4 76110FQ63 14,250,000.00 14,820,478.04 6.750000 % 0.00
A-P 76110FQ89 91,079.98 90,178.69 0.000000 % 87.77
A-V 76110FQ97 0.00 0.00 0.863287 % 0.00
R 76110FQ71 100.00 0.00 6.750000 % 0.00
M-1 76110FR21 12,969,000.00 12,904,217.88 6.750000 % 9,598.89
M-2 76110FR39 4,206,600.00 4,185,587.40 6.750000 % 3,113.48
M-3 76110FR47 3,680,500.00 3,662,115.34 6.750000 % 2,724.09
B-1 76110FR54 2,103,100.00 2,092,594.70 6.750000 % 1,556.59
B-2 76110FR62 1,051,600.00 1,046,347.08 6.750000 % 778.33
B-3 76110FR70 1,402,095.46 1,395,091.80 6.750000 % 1,037.76
- -------------------------------------------------------------------------------
350,510,075.44 328,308,003.03 2,136,816.84
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,339,649.17 3,374,222.11 0.00 0.00 236,177,297.20
A-2 83,510.32 166,857.31 0.00 0.00 14,766,174.97
A-3 197,113.20 197,113.20 0.00 0.00 35,050,000.00
A-4 0.00 0.00 83,346.99 0.00 14,903,825.03
A-P 0.00 87.77 0.00 0.00 90,090.92
A-V 236,135.23 236,135.23 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,570.38 82,169.27 0.00 0.00 12,894,618.99
M-2 23,538.79 26,652.27 0.00 0.00 4,182,473.92
M-3 20,594.90 23,318.99 0.00 0.00 3,659,391.25
B-1 11,768.28 13,324.87 0.00 0.00 2,091,038.11
B-2 5,884.41 6,662.74 0.00 0.00 1,045,568.75
B-3 7,845.68 8,883.44 0.00 0.00 1,394,054.04
- -------------------------------------------------------------------------------
1,998,610.36 4,135,427.20 83,346.99 0.00 326,254,533.18
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 915.192788 7.816682 5.146835 12.963517 0.000000 907.376106
A-2 963.004018 5.405123 5.415715 10.820838 0.000000 957.598896
A-3 1000.000000 0.000000 5.623772 5.623772 0.000000 1000.000000
A-4 1040.033547 0.000000 0.000000 0.000000 5.848912 1045.882458
A-P 990.104412 0.963659 0.000000 0.963659 0.000000 989.140753
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-1 995.004848 0.740141 5.595680 6.335821 0.000000 994.264707
M-2 995.004850 0.740142 5.595681 6.335823 0.000000 994.264708
M-3 995.004847 0.740141 5.595680 6.335821 0.000000 994.264706
B-1 995.004850 0.740141 5.595683 6.335824 0.000000 994.264709
B-2 995.004831 0.740139 5.595673 6.335812 0.000000 994.264692
B-3 995.004862 0.740142 5.595682 6.335824 0.000000 994.264713
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 68,304.23
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 16,564.29
SUBSERVICER ADVANCES THIS MONTH 37,955.09
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 27 3,153,559.52
(B) TWO MONTHLY PAYMENTS: 4 453,226.12
(C) THREE OR MORE MONTHLY PAYMENTS: 6 920,644.91
FORECLOSURES
NUMBER OF LOANS 6
AGGREGATE PRINCIPAL BALANCE 755,084.32
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 326,254,533.18
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,494
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 1,809,243.80
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.29598380 % 6.32260600 % 1.38140990 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.25324970 % 6.35592216 % 1.38907260 %
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 7.93973815
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 347.40
POOL TRADING FACTOR: 93.07993009
................................................................................
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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 95,432,508.93 6.500000 % 429,936.23
A-P 76110FR96 122,858.97 119,564.74 0.000000 % 455.82
A-V 76110FS20 0.00 0.00 0.687967 % 0.00
R 76110FS38 100.00 0.00 6.500000 % 0.00
M-1 76110FS46 2,563,600.00 2,505,638.43 6.500000 % 8,574.21
M-2 76110FS53 575,400.00 562,390.52 6.500000 % 1,924.48
M-3 76110FS61 470,800.00 460,155.49 6.500000 % 1,574.64
B-1 76110FS79 313,900.00 306,802.90 6.500000 % 1,049.87
B-2 76110FS87 261,600.00 255,685.37 6.500000 % 874.95
B-3 76110FS95 261,601.59 255,686.92 6.500000 % 874.95
- -------------------------------------------------------------------------------
104,617,860.56 99,898,433.30 445,265.15
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 516,649.06 946,585.29 0.00 0.00 95,002,572.70
A-P 0.00 455.82 0.00 0.00 119,108.92
A-V 57,241.70 57,241.70 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 13,564.94 22,139.15 0.00 0.00 2,497,064.22
M-2 3,044.65 4,969.13 0.00 0.00 560,466.04
M-3 2,491.17 4,065.81 0.00 0.00 458,580.85
B-1 1,660.96 2,710.83 0.00 0.00 305,753.03
B-2 1,384.22 2,259.17 0.00 0.00 254,810.42
B-3 1,384.23 2,259.18 0.00 0.00 254,811.97
- -------------------------------------------------------------------------------
597,420.93 1,042,686.08 0.00 0.00 99,453,168.15
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 953.867233 4.297300 5.164012 9.461312 0.000000 949.569933
A-P 973.186899 3.710108 0.000000 3.710108 0.000000 969.476791
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 977.390556 3.344597 5.291364 8.635961 0.000000 974.045959
M-2 977.390546 3.344595 5.291363 8.635958 0.000000 974.045951
M-3 977.390590 3.344605 5.291355 8.635960 0.000000 974.045986
B-1 977.390570 3.344600 5.291367 8.635967 0.000000 974.045970
B-2 977.390558 3.344610 5.291361 8.635971 0.000000 974.045948
B-3 977.390543 3.344590 5.291367 8.635957 0.000000 974.045953
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:01:58 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 20,799.74
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,739.19
SUBSERVICER ADVANCES THIS MONTH 8,890.18
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 6 738,416.04
(B) TWO MONTHLY PAYMENTS: 2 104,162.37
(C) THREE OR MORE MONTHLY PAYMENTS: 1 119,659.85
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 99,453,168.15
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 997
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 103,386.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 95.64400790 % 3.53600400 % 0.81998840 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 95.63947500 % 3.53544404 % 0.82084170 %
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 7.50785445
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 166.76
POOL TRADING FACTOR: 95.06327850
................................................................................
Run: 02/28/00 13:02:00 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 165,986,000.00 155,256,306.26 7.000000 % 1,170,472.87
A-2 76110FT37 10,215,000.00 9,868,989.07 7.000000 % 58,871.84
A-3 76110FT45 27,081,000.00 27,081,000.00 7.000000 % 0.00
A-4 76110FT52 9,750,000.00 10,096,010.93 7.000000 % 0.00
A-5 76110FT60 37,000,000.00 34,523,235.60 7.000000 % 270,183.44
A-P 76110FT78 469,164.61 466,091.25 0.000000 % 1,093.85
A-V 76110FT86 0.00 0.00 0.759753 % 0.00
R 76110FT94 100.00 0.00 7.000000 % 0.00
M-1 76110FU27 10,698,000.00 10,653,124.78 7.000000 % 7,702.79
M-2 76110FU35 3,250,000.00 3,236,367.12 7.000000 % 2,340.07
M-3 76110FU43 2,843,700.00 2,831,771.45 7.000000 % 2,047.53
B-1 76110FU50 1,624,500.00 1,617,685.66 7.000000 % 1,169.68
B-2 76110FU68 812,400.00 808,992.20 7.000000 % 584.95
B-3 76110FU76 1,083,312.85 1,078,768.66 7.000000 % 780.00
- -------------------------------------------------------------------------------
270,813,177.46 257,518,342.98 1,515,247.02
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 905,330.23 2,075,803.10 0.00 0.00 154,085,833.39
A-2 57,548.02 116,419.86 0.00 0.00 9,810,117.23
A-3 157,914.67 157,914.67 0.00 0.00 27,081,000.00
A-4 0.00 0.00 58,871.84 0.00 10,154,882.77
A-5 201,311.81 471,495.25 0.00 0.00 34,253,052.16
A-P 0.00 1,093.85 0.00 0.00 464,997.40
A-V 162,982.26 162,982.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 62,120.48 69,823.27 0.00 0.00 10,645,421.99
M-2 18,871.90 21,211.97 0.00 0.00 3,234,027.05
M-3 16,512.62 18,560.15 0.00 0.00 2,829,723.92
B-1 9,433.05 10,602.73 0.00 0.00 1,616,515.98
B-2 4,717.39 5,302.34 0.00 0.00 808,407.25
B-3 6,290.52 7,070.52 0.00 0.00 1,077,988.66
- -------------------------------------------------------------------------------
1,603,032.95 3,118,279.97 58,871.84 0.00 256,061,967.80
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 935.357839 7.051636 5.454257 12.505893 0.000000 928.306203
A-2 966.127173 5.763274 5.633678 11.396952 0.000000 960.363899
A-3 1000.000000 0.000000 5.831198 5.831198 0.000000 1000.000000
A-4 1035.488301 0.000000 0.000000 0.000000 6.038137 1041.526438
A-5 933.060422 7.302255 5.440860 12.743115 0.000000 925.758167
A-P 993.449293 2.331484 0.000000 2.331484 0.000000 991.117808
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-1 995.805270 0.720021 5.806738 6.526759 0.000000 995.085249
M-2 995.805268 0.720022 5.806738 6.526760 0.000000 995.085246
M-3 995.805271 0.720023 5.806738 6.526761 0.000000 995.085248
B-1 995.805269 0.720025 5.806741 6.526766 0.000000 995.085245
B-2 995.805268 0.720027 5.806733 6.526760 0.000000 995.085241
B-3 995.805284 0.720023 5.806744 6.526767 0.000000 995.085270
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:00 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS9 (POOL # 4389)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4389
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 53,462.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 11,640.88
SUBSERVICER ADVANCES THIS MONTH 43,587.40
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 4,224,249.88
(B) TWO MONTHLY PAYMENTS: 3 397,737.87
(C) THREE OR MORE MONTHLY PAYMENTS: 11 1,291,139.75
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 60,000.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 256,061,967.80
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,873
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 1,270,096.64
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.13128470 % 6.50500600 % 1.36370970 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.09220480 % 6.52544113 % 1.37048260 %
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 8.07240585
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 349.09
POOL TRADING FACTOR: 94.55299413
................................................................................
Run: 02/28/00 13:02:01 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 268,170,000.00 252,641,083.10 7.250000 % 2,190,989.96
A-2 76110FV42 24,330,000.00 24,330,000.00 7.250000 % 0.00
A-3 76110FV59 32,602,000.00 32,492,284.63 7.250000 % 22,669.96
A-P 76110FV67 1,164,452.78 1,150,932.38 0.000000 % 2,143.67
A-V 76110FV75 0.00 0.00 0.652462 % 0.00
R 76110FV83 100.00 0.00 7.250000 % 0.00
M-1 76110FV91 13,932,800.00 13,885,912.00 7.250000 % 9,688.24
M-2 76110FW25 4,232,700.00 4,218,455.71 7.250000 % 2,943.23
M-3 76110FW33 3,703,600.00 3,691,136.29 7.250000 % 2,575.32
B-1 76110FU84 2,116,400.00 2,109,277.69 7.250000 % 1,471.65
B-2 76110FU92 1,058,200.00 1,054,638.84 7.250000 % 735.82
B-3 76110FV26 1,410,899.63 1,406,151.56 7.250000 % 981.08
- -------------------------------------------------------------------------------
352,721,152.41 336,979,872.20 2,234,198.93
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 1,525,920.18 3,716,910.14 0.00 0.00 250,450,093.14
A-2 146,950.12 146,950.12 0.00 0.00 24,330,000.00
A-3 196,249.29 218,919.25 0.00 0.00 32,469,614.67
A-P 0.00 2,143.67 0.00 0.00 1,148,788.71
A-V 183,167.87 183,167.87 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 83,869.15 93,557.39 0.00 0.00 13,876,223.76
M-2 25,478.94 28,422.17 0.00 0.00 4,215,512.48
M-3 22,294.00 24,869.32 0.00 0.00 3,688,560.97
B-1 12,739.77 14,211.42 0.00 0.00 2,107,806.04
B-2 6,369.89 7,105.71 0.00 0.00 1,053,903.02
B-3 8,492.98 9,474.06 0.00 0.00 1,405,170.48
- -------------------------------------------------------------------------------
2,211,532.19 4,445,731.12 0.00 0.00 334,745,673.27
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 942.093012 8.170153 5.690123 13.860276 0.000000 933.922859
A-2 1000.000000 0.000000 6.039873 6.039873 0.000000 1000.000000
A-3 996.634704 0.695355 6.019548 6.714903 0.000000 995.939349
A-P 988.389053 1.840925 0.000000 1.840925 0.000000 986.548128
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.634704 0.695355 6.019547 6.714902 0.000000 995.939349
M-2 996.634704 0.695355 6.019548 6.714903 0.000000 995.939348
M-3 996.634704 0.695356 6.019549 6.714905 0.000000 995.939348
B-1 996.634705 0.695355 6.019547 6.714902 0.000000 995.939350
B-2 996.634700 0.695351 6.019552 6.714903 0.000000 995.939350
B-3 996.634722 0.695358 6.019549 6.714907 0.000000 995.939364
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:01 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS10 (POOL # 4390)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4390
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 71,052.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 14,622.79
SUBSERVICER ADVANCES THIS MONTH 55,382.47
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 30 4,860,500.58
(B) TWO MONTHLY PAYMENTS: 3 517,249.86
(C) THREE OR MORE MONTHLY PAYMENTS: 14 2,133,600.62
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 334,745,673.27
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,547
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 1,998,891.39
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.14910660 % 6.49006100 % 1.36083210 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.10209150 % 6.50652091 % 1.36898150 %
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 8.20175687
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.30
POOL TRADING FACTOR: 94.90377058
................................................................................
Run: 02/28/00 13:22:30 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 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 131,664,000.00 128,140,485.02 7.500000 % 893,965.94
NB-1 76110FX81 57,150,000.00 52,089,705.57 7.500000 % 447,937.70
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 1,359,675.82 0.000000 % 1,643.62
A-V 76110FY49 0.00 0.00 0.623797 % 0.00
R 76110FY56 100.00 0.00 7.500000 % 0.00
M-1 76110FY64 8,041,000.00 8,020,450.10 7.500000 % 5,339.91
M-2 76110FY72 2,608,000.00 2,601,334.89 7.500000 % 1,731.93
M-3 76110FY80 2,282,000.00 2,276,168.03 7.500000 % 1,515.44
B-1 76110FY98 1,304,000.00 1,300,667.44 7.500000 % 865.97
B-2 76110FZ22 652,000.00 650,333.72 7.500000 % 432.98
B-3 76110FZ30 869,417.87 867,197.94 7.500000 % 577.11
- -------------------------------------------------------------------------------
217,318,364.92 208,689,018.53 1,354,010.60
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 800,664.55 1,694,630.49 0.00 0.00 127,246,519.08
NB-1 325,530.13 773,467.83 0.00 0.00 51,641,767.87
NB-2 24,891.42 24,891.42 0.00 0.00 3,983,000.00
NB-3 46,245.66 46,245.66 0.00 0.00 7,400,000.00
A-P 0.00 1,643.62 0.00 0.00 1,358,032.20
A-V 108,460.26 108,460.26 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 50,116.48 55,456.39 0.00 0.00 8,015,110.19
M-2 16,254.67 17,986.60 0.00 0.00 2,599,602.96
M-3 14,222.84 15,738.28 0.00 0.00 2,274,652.59
B-1 8,127.33 8,993.30 0.00 0.00 1,299,801.47
B-2 4,063.67 4,496.65 0.00 0.00 649,900.74
B-3 5,418.77 5,995.88 0.00 0.00 866,620.83
- -------------------------------------------------------------------------------
1,403,995.78 2,758,006.38 0.00 0.00 207,335,007.93
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 973.238585 6.789752 6.081120 12.870872 0.000000 966.448833
NB-1 911.455915 7.837930 5.696065 13.533995 0.000000 903.617986
NB-2 1000.000000 0.000000 6.249415 6.249415 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.249414 6.249414 0.000000 1000.000000
A-P 996.211129 1.204254 0.000000 1.204254 0.000000 995.006874
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 997.444360 0.664085 6.232618 6.896703 0.000000 996.780275
M-2 997.444360 0.664084 6.232619 6.896703 0.000000 996.780276
M-3 997.444360 0.664084 6.232621 6.896705 0.000000 996.780276
B-1 997.444356 0.664087 6.232615 6.896702 0.000000 996.780268
B-2 997.444356 0.664080 6.232623 6.896703 0.000000 996.780276
B-3 997.446648 0.663789 6.232642 6.896431 0.000000 996.782862
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:22:30 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 43,314.96
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,281.36
SUBSERVICER ADVANCES THIS MONTH 35,821.75
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 23 3,949,410.04
(B) TWO MONTHLY PAYMENTS: 4 260,226.78
(C) THREE OR MORE MONTHLY PAYMENTS: 4 537,629.17
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 105,262.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 207,335,007.93
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,556
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 1,214,856.27
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.41971640 % 6.18046600 % 1.35043000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.37502700 % 6.21668568 % 1.36729990 %
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 8.39268900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.40
POOL TRADING FACTOR: 95.40611444
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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-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 28,887.67
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 5,274.55
SUBSERVICER ADVANCES THIS MONTH 21,987.83
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 18 2,084,319.84
(B) TWO MONTHLY PAYMENTS: 4 260,226.78
(C) THREE OR MORE MONTHLY PAYMENTS: 4 537,629.17
FORECLOSURES
NUMBER OF LOANS 1
AGGREGATE PRINCIPAL BALANCE 105,262.66
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 138,261,090.99
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,355
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 808,841.69
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.54603210 % 6.18046600 % 1.35043000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.50221730 % 6.21668568 % 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 8.44975765
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 350.75
POOL TRADING FACTOR: 96.87860018
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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-QS11 (POOL # 4394)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4394
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 14,427.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,006.81
SUBSERVICER ADVANCES THIS MONTH 13,833.92
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 5 1,865,090.20
(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 69,073,916.94
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 201
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 406,014.58
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.16575390 % 6.18046600 % 1.35043000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.11929310 % 6.21668568 % 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 8.27845733
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.70
POOL TRADING FACTOR: 92.58922635
................................................................................
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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-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 72,114,703.42 7.000000 % 706,697.03
NB 76110FW58 25,183,000.00 22,057,896.12 7.000000 % 326,854.16
A-P 76110FW66 994,755.29 975,895.08 0.000000 % 9,818.37
A-V 76110FW74 0.00 0.00 0.517681 % 0.00
R 76110FW82 100.00 0.00 7.000000 % 0.00
M-1 76110FW90 3,503,000.00 3,459,864.35 7.000000 % 11,164.72
M-2 76110FX24 531,000.00 524,461.31 7.000000 % 1,692.40
M-3 76110FX32 477,700.00 471,817.65 7.000000 % 1,522.52
B-1 76110FX40 318,400.00 314,479.26 7.000000 % 1,014.80
B-2 76110FX57 212,300.00 209,685.76 7.000000 % 676.64
B-3 76110FX65 265,344.67 262,075.82 7.000000 % 861.00
- -------------------------------------------------------------------------------
106,129,599.96 100,390,878.77 1,060,301.64
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 420,389.97 1,127,087.00 0.00 0.00 71,408,006.39
NB 127,312.50 454,166.66 0.00 0.00 21,731,041.96
A-P 0.00 9,818.37 0.00 0.00 966,076.71
A-V 43,178.19 43,178.19 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 20,113.22 31,277.94 0.00 0.00 3,448,699.63
M-2 3,048.85 4,741.25 0.00 0.00 522,768.91
M-3 2,742.82 4,265.34 0.00 0.00 470,295.13
B-1 1,828.16 2,842.96 0.00 0.00 313,464.46
B-2 1,218.97 1,895.61 0.00 0.00 209,009.12
B-3 1,523.53 2,384.53 0.00 0.00 261,214.82
- -------------------------------------------------------------------------------
621,356.21 1,681,657.85 0.00 0.00 99,330,577.13
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 966.115206 9.467566 5.631933 15.099499 0.000000 956.647639
NB 875.904226 12.979159 5.055494 18.034653 0.000000 862.925067
A-P 981.040352 9.870134 0.000000 9.870134 0.000000 971.170218
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-1 987.686083 3.187188 5.741713 8.928901 0.000000 984.498895
M-2 987.686083 3.187194 5.741714 8.928908 0.000000 984.498889
M-3 987.686100 3.187189 5.741721 8.928910 0.000000 984.498912
B-1 987.686118 3.187186 5.741709 8.928895 0.000000 984.498932
B-2 987.686105 3.187188 5.741733 8.928921 0.000000 984.498917
B-3 987.680740 3.187175 5.741702 8.928877 0.000000 984.435898
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 20,809.71
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,364.70
SUBSERVICER ADVANCES THIS MONTH 7,362.26
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 8 777,013.27
(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 99,330,577.13
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 979
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 736,051.66
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.72676660 % 4.43879300 % 0.78317960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.68766470 % 4.47169824 % 0.79671870 %
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 7.76806900
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.92
POOL TRADING FACTOR: 93.59366017
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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 15,895.29
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 3,626.83
SUBSERVICER ADVANCES THIS MONTH 4,323.66
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 7 446,054.35
(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 75,821,281.47
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 908
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 476,857.59
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.85853410 % 4.43879300 % 0.78317960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.82599510 % 4.51561656 % 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 7.85577484
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 170.18
POOL TRADING FACTOR: 95.81761517
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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 4,914.42
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,737.87
SUBSERVICER ADVANCES THIS MONTH 3,038.60
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 330,958.92
(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 23,509,295.66
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 259,194.07
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 94.29851720 % 4.43879300 % 0.78317960 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 94.23594070 % 4.51561657 % 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 7.48520279
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 169.08
POOL TRADING FACTOR: 87.07545688
................................................................................
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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 158,406,900.00 154,135,004.16 8.000000 % 1,444,983.32
CB-P 76110FZ55 5,109,900.00 4,972,096.90 0.000000 % 46,612.36
NB 76110FZ63 86,842,100.00 83,352,114.50 7.750000 % 1,625,826.45
A-P 76110FZ71 1,432,398.79 1,421,507.70 0.000000 % 1,758.33
A-V 76110FZ89 0.00 0.00 0.543181 % 0.00
R 76110FZ97 100.00 0.00 7.750000 % 0.00
M-1 76110F2A0 11,328,000.00 11,288,861.51 7.750000 % 7,189.40
M-2 76110F2B8 3,411,900.00 3,400,111.81 7.750000 % 2,165.39
M-3 76110F2C6 2,866,000.00 2,856,097.91 7.750000 % 1,818.93
B-1 76110F2D4 1,637,700.00 1,632,041.71 7.750000 % 1,039.38
B-2 76110F2E2 818,900.00 816,070.68 7.750000 % 519.72
B-3 76110F2F9 1,091,849.28 1,087,915.61 7.750000 % 694.13
- -------------------------------------------------------------------------------
272,945,748.07 264,961,822.49 3,132,607.41
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB-1 1,027,343.33 2,472,326.65 0.00 0.00 152,690,020.84
CB-P 0.00 46,612.36 0.00 0.00 4,925,484.54
NB 537,324.74 2,163,151.19 0.00 0.00 81,726,288.05
A-P 0.00 1,758.33 0.00 0.00 1,419,749.37
A-V 119,841.99 119,841.99 0.00 0.00 0.00
R 0.00 0.00 0.00 0.00 0.00
M-1 72,845.96 80,035.36 0.00 0.00 11,281,672.11
M-2 21,940.61 24,106.00 0.00 0.00 3,397,946.42
M-3 18,430.13 20,249.06 0.00 0.00 2,854,278.98
B-1 10,531.41 11,570.79 0.00 0.00 1,631,002.33
B-2 5,266.03 5,785.75 0.00 0.00 815,550.96
B-3 7,020.22 7,714.35 0.00 0.00 1,087,221.48
- -------------------------------------------------------------------------------
1,820,544.42 4,953,151.83 0.00 0.00 261,829,215.08
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB-1 973.032135 9.121972 6.485471 15.607443 0.000000 963.910163
CB-P 973.032134 9.121971 0.000000 9.121971 0.000000 963.910163
NB 959.812286 18.721639 6.187376 24.909015 0.000000 941.090647
A-P 992.396608 1.227545 0.000000 1.227545 0.000000 991.169063
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 996.544978 0.634657 6.430611 7.065268 0.000000 995.910320
M-2 996.544978 0.634658 6.430613 7.065271 0.000000 995.910320
M-3 996.544979 0.634658 6.430611 7.065269 0.000000 995.910321
B-1 996.544978 0.634658 6.430610 7.065268 0.000000 995.910319
B-2 996.544975 0.634656 6.430614 7.065270 0.000000 995.910319
B-3 996.397241 0.634566 6.429660 7.064226 0.000000 995.761507
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-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 54,949.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 10,040.50
SUBSERVICER ADVANCES THIS MONTH 58,906.06
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 38 5,583,499.47
(B) TWO MONTHLY PAYMENTS: 5 1,302,251.98
(C) THREE OR MORE MONTHLY PAYMENTS: 3 771,764.15
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 261,829,215.08
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 2,050
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 2,963,632.45
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.00080670 % 6.62173600 % 1.33454250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.90979010 % 6.69669254 % 1.35700700 %
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 8.56980000
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.55
POOL TRADING FACTOR: 95.92720053
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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 36,049.00
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 7,487.78
SUBSERVICER ADVANCES THIS MONTH 25,829.93
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 29 2,722,939.08
(B) TWO MONTHLY PAYMENTS: 3 450,329.15
(C) THREE OR MORE MONTHLY PAYMENTS: 2 164,764.15
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 172,052,236.57
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,785
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 1,391,936.82
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.03485400 % 6.62173600 % 1.33454250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.97018270 % 6.69669254 % 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 8.64982735
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 351.20
POOL TRADING FACTOR: 96.66262933
Run: 02/28/00 13:22:33 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS13 (POOL # 4405)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4405
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 18,900.70
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 2,552.72
SUBSERVICER ADVANCES THIS MONTH 33,076.13
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 9 2,860,560.39
(B) TWO MONTHLY PAYMENTS: 2 851,922.83
(C) THREE OR MORE MONTHLY PAYMENTS: 1 607,000.00
FORECLOSURES
NUMBER OF LOANS 0
AGGREGATE PRINCIPAL BALANCE 0.00
SCHEDULED PRINCIPAL BALANCE OF MORTGAGE LOANS AFTER
DISTRIBUTION 89,776,978.51
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 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 1,571,695.63
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.93588050 % 6.62173600 % 1.33454250 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.79353740 % 6.69669254 % 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 8.41643315
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 352.23
POOL TRADING FACTOR: 94.54861867
................................................................................
Run: 02/28/00 13:02:05 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 138,880,000.00 135,187,051.28 7.500000 % 1,544,356.34
A-2 76110F2H5 27,776,000.00 27,037,410.25 6.413750 % 308,871.27
A-3 76110F2J1 0.00 0.00 2.586250 % 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 865,434.18 862,034.63 0.000000 % 61,945.13
A-V 76110F2N2 0.00 0.00 0.584871 % 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 8,687,328.03 7.750000 % 5,752.20
M-2 76110F2S1 2,718,000.00 2,714,665.16 7.750000 % 1,797.48
M-3 76110F2T9 2,391,800.00 2,388,865.39 7.750000 % 1,581.76
B-1 76110F2U6 1,413,400.00 1,411,665.84 7.750000 % 934.72
B-2 76110F2V4 652,300.00 651,499.66 7.750000 % 431.38
B-3 76110F2W2 869,779.03 868,711.86 7.750000 % 575.19
- -------------------------------------------------------------------------------
217,433,913.21 212,978,232.10 1,926,245.47
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 844,783.28 2,389,139.62 0.00 0.00 133,642,694.94
A-2 144,486.10 453,357.37 0.00 0.00 26,728,538.98
A-3 58,261.89 58,261.89 0.00 0.00 0.00
A-4 73,781.06 73,781.06 0.00 0.00 11,426,000.00
A-5 140,400.97 140,400.97 0.00 0.00 21,743,000.00
A-P 0.00 61,945.13 0.00 0.00 800,089.50
A-V 103,787.24 103,787.24 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 56,096.64 61,848.84 0.00 0.00 8,681,575.83
M-2 17,529.39 19,326.87 0.00 0.00 2,712,867.68
M-3 15,425.61 17,007.37 0.00 0.00 2,387,283.63
B-1 9,115.54 10,050.26 0.00 0.00 1,410,731.12
B-2 4,206.92 4,638.30 0.00 0.00 651,068.28
B-3 5,609.53 6,184.72 0.00 0.00 868,136.67
- -------------------------------------------------------------------------------
1,473,484.17 3,399,729.64 0.00 0.00 211,051,986.63
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 973.409067 11.120077 6.082829 17.202906 0.000000 962.288990
A-2 973.409067 11.120077 5.201833 16.321910 0.000000 962.288990
A-3 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-4 1000.000000 0.000000 6.457296 6.457296 0.000000 1000.000000
A-5 1000.000000 0.000000 6.457295 6.457295 0.000000 1000.000000
A-P 996.071856 71.576940 0.000000 71.576940 0.000000 924.494917
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-1 998.773055 0.661324 6.449372 7.110696 0.000000 998.111730
M-2 998.773054 0.661325 6.449371 7.110696 0.000000 998.111729
M-3 998.773054 0.661326 6.449373 7.110699 0.000000 998.111728
B-1 998.773058 0.661327 6.449370 7.110697 0.000000 998.111731
B-2 998.773049 0.661321 6.449364 7.110685 0.000000 998.111728
B-3 998.773056 0.661329 6.449374 7.110703 0.000000 998.111750
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:05 rept2.frg
Page: 2 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS14 (POOL # 4410)
STATEMENT TO CERTIFICATEHOLDERS
ADDITIONAL RELATED INFORMATION FOR POOL 4410
_______________________________________________________________________________
SERVICING COMPENSATION RECEIVED BY SUB-SERVICER 44,346.63
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 6,597.07
SUBSERVICER ADVANCES THIS MONTH 46,508.86
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 36 5,542,902.24
(B) TWO MONTHLY PAYMENTS: 6 596,381.90
(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 211,051,986.63
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,625
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 1,785,140.93
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.11623810 % 6.50155800 % 1.38220340 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.05159930 % 6.53001536 % 1.39353610 %
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 8.63073736
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 353.59
POOL TRADING FACTOR: 97.06488906
................................................................................
Run: 02/28/00 13:02:05 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 1999-QS15(POOL # 4416)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4416
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
A-1 76110F2X0 112,000,000.00 111,031,681.48 7.000000 % 1,015,394.03
A-2 76110F2Y8 20,028,000.00 20,028,000.00 7.750000 % 0.00
A-3 76110F2Z5 48,000,000.00 47,585,006.35 6.263750 % 435,168.87
A-4 76110F3A9 0.00 0.00 3.236250 % 0.00
A-5 76110F3B7 20,253,000.00 20,241,868.81 7.750000 % 11,865.86
A-P 76110F3C5 242,044.80 241,736.09 0.000000 % 251.61
A-V 76110F3D3 0.00 0.00 0.730761 % 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 8,690,221.17 7.750000 % 5,094.24
M-2 76110F3H4 2,825,900.00 2,824,346.87 7.750000 % 1,655.64
M-3 76110F3J0 2,391,000.00 2,389,685.89 7.750000 % 1,400.84
B-1 76110F3K7 1,412,900.00 1,412,123.46 7.750000 % 827.79
B-2 76110F3L5 652,100.00 651,741.60 7.750000 % 382.05
B-3 76110F3M3 869,572.62 869,094.69 7.750000 % 509.48
- -------------------------------------------------------------------------------
217,369,717.42 215,965,506.41 1,472,550.41
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
A-1 647,590.83 1,662,984.86 0.00 0.00 110,016,287.45
A-2 129,328.73 129,328.73 0.00 0.00 20,028,000.00
A-3 248,347.78 683,516.65 0.00 0.00 47,149,837.48
A-4 128,312.19 128,312.19 0.00 0.00 0.00
A-5 130,709.77 142,575.63 0.00 0.00 20,230,002.95
A-P 0.00 251.61 0.00 0.00 241,484.48
A-V 131,496.87 131,496.87 0.00 0.00 0.00
R-I 0.00 0.00 0.00 0.00 0.00
R-II 0.00 0.00 0.00 0.00 0.00
M-1 56,116.21 61,210.45 0.00 0.00 8,685,126.93
M-2 18,237.92 19,893.56 0.00 0.00 2,822,691.23
M-3 15,431.15 16,831.99 0.00 0.00 2,388,285.05
B-1 9,118.64 9,946.43 0.00 0.00 1,411,295.67
B-2 4,208.55 4,590.60 0.00 0.00 651,359.55
B-3 5,612.09 6,121.57 0.00 0.00 868,585.21
- -------------------------------------------------------------------------------
1,524,510.73 2,997,061.14 0.00 0.00 214,492,956.00
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
A-1 991.354299 9.066018 5.782061 14.848079 0.000000 982.288281
A-2 1000.000000 0.000000 6.457396 6.457396 0.000000 1000.000000
A-3 991.354299 9.066018 5.173912 14.239930 0.000000 982.288281
A-4 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
A-5 999.450393 0.585882 6.453847 7.039729 0.000000 998.864511
A-P 998.724575 1.039518 0.000000 1.039518 0.000000 997.685057
A-V 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-I 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
R-II 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000
M-1 999.450393 0.585882 6.453848 7.039730 0.000000 998.864512
M-2 999.450395 0.585881 6.453845 7.039726 0.000000 998.864514
M-3 999.450393 0.585880 6.453848 7.039728 0.000000 998.864513
B-1 999.450393 0.585880 6.453847 7.039727 0.000000 998.864513
B-2 999.450391 0.585876 6.453841 7.039717 0.000000 998.864515
B-3 999.450385 0.585886 6.453849 7.039735 0.000000 998.864488
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:05 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 44,870.97
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,985.74
SUBSERVICER ADVANCES THIS MONTH 64,202.44
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 42 7,285,789.20
(B) TWO MONTHLY PAYMENTS: 5 1,037,794.00
(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 214,492,956.00
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,510
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 1,345,905.11
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 92.19501230 % 6.44539700 % 1.35959040 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 92.14598460 % 6.47858255 % 1.36813080 %
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 8.79742398
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.37
POOL TRADING FACTOR: 98.67655833
................................................................................
Run: 02/28/00 13:02:10 REPT1B.FRG
Page: 1 of 2
RESIDENTIAL FUNDING CORPORATION (MASTER SERVICER)
RESIDENTIAL ACCREDIT LOANS, INC. (COMPANY)
MORTGAGE ASSET-BACKED PASS-THROUGH CERTIFICATES SERIES 2000-QS1(POOL # 4420)
STATEMENT TO CERTIFICATEHOLDERS
DISTRIBUTION SUMMARY FOR POOL# 4420
_______________________________________________________________________________
PRINCIPAL CURRENT
ORIGINAL BALANCE BEFORE PASS-THROUGH PRINCIPAL
CLASS CUSIP FACE VALUE DISTRIBUTION RATE DISTRIBUTION
_______________________________________________________________________________
CB 76110F3N1 130,396,000.00 130,396,000.00 7.750000 % 945,464.34
NB-1 76110F3P6 58,661,000.00 58,661,000.00 7.750000 % 1,258,929.76
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 496,620.41 496,620.41 0.000000 % 500.31
A-V 76110F3T8 0.00 0.00 0.658693 % 0.00
R 76110F3U5 100.00 100.00 7.750000 % 100.00
M-1 76110F3V3 9,273,000.00 9,273,000.00 7.750000 % 5,528.48
M-2 76110F3W1 3,273,000.00 3,273,000.00 7.750000 % 1,951.34
M-3 76110F3X9 2,073,000.00 2,073,000.00 7.750000 % 1,235.91
B-1 76110F3Y7 1,309,100.00 1,309,100.00 7.750000 % 780.47
B-2 76110F3Z4 654,500.00 654,500.00 7.750000 % 390.21
B-3 76110F4A8 872,717.76 872,717.76 7.750000 % 520.48
- -------------------------------------------------------------------------------
218,178,038.17 218,178,038.17 2,215,401.30
===============================================================================
_______________________________________________________________________________
REMAINING
INTEREST TOTAL DEFERRED REALIZED PRINCIPAL
DISTRIBUTION DISTRIBUTION INTEREST LOSSES BALANCE
_______________________________________________________________________________
CB 841,721.35 1,787,185.69 0.00 0.00 129,450,535.66
NB-1 378,839.40 1,637,769.16 0.00 0.00 57,402,070.24
NB-2 27,033.66 27,033.66 0.00 0.00 4,186,000.00
NB-3 45,097.01 45,097.01 0.00 0.00 6,983,000.00
A-P 0.00 500.31 0.00 0.00 496,120.10
A-V 119,720.12 119,720.12 0.00 0.00 0.00
R 0.65 100.65 0.00 0.00 0.00
M-1 59,866.15 65,394.63 0.00 0.00 9,267,471.52
M-2 21,130.37 23,081.71 0.00 0.00 3,271,048.66
M-3 13,383.22 14,619.13 0.00 0.00 2,071,764.09
B-1 8,451.50 9,231.97 0.00 0.00 1,308,319.53
B-2 4,225.43 4,615.64 0.00 0.00 654,109.79
B-3 5,634.23 6,154.71 0.00 0.00 872,197.28
- -------------------------------------------------------------------------------
1,525,103.09 3,740,504.39 0.00 0.00 215,962,636.87
===============================================================================
_______________________________________________________________________________
AMOUNTS PER $1,000 UNIT
_______________________________________________________________________________
BEGINNING ENDING
BALANCE PRINCIPAL INTEREST TOTAL DEFERRED BALANCE
CLASS FACTOR FACTOR FACTOR DISTRIBUTION INTEREST FACTOR
_______________________________________________________________________________
CB 1000.000000 7.250716 6.455116 13.705832 0.000000 992.749284
NB-1 1000.000000 21.461103 6.458114 27.919217 0.000000 978.538897
NB-2 1000.000000 0.000000 6.458113 6.458113 0.000000 1000.000000
NB-3 1000.000000 0.000000 6.458114 6.458114 0.000000 1000.000000
A-P 1000.000000 1.007436 0.000000 1.007436 0.000000 998.992564
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 0.596191 6.455964 7.052155 0.000000 999.403809
M-2 1000.000000 0.596193 6.455964 7.052157 0.000000 999.403807
M-3 1000.000000 0.596194 6.455967 7.052161 0.000000 999.403806
B-1 1000.000000 0.596188 6.455962 7.052150 0.000000 999.403812
B-2 1000.000000 0.596196 6.455966 7.052162 0.000000 999.403804
B-3 1000.000000 0.596195 6.455959 7.052154 0.000000 999.403614
_______________________________________________________________________________
DETERMINATION DATE 21-February-00
DISTRIBUTION DATE 25-February-00
Run: 02/28/00 13:02:10 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 45,496.90
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,770.27
SUBSERVICER ADVANCES THIS MONTH 12,040.64
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 14 1,548,588.18
(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 215,962,636.87
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,581
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 2,085,224.13
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.98125500 % 6.71577800 % 1.30296730 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.90365580 % 6.76519072 % 1.31557640 %
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 8.71278300
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.75
POOL TRADING FACTOR: 98.98459015
Run: 02/28/00 13:02:10 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 29,717.46
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 8,770.27
SUBSERVICER ADVANCES THIS MONTH 9,774.27
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 13 1,263,884.80
(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 140,978,832.64
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 1,368
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 868,462.92
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.98946240 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.94005580 % 6.76519072 % 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 8.79875499
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 355.03
POOL TRADING FACTOR: 99.32897831
Run: 02/28/00 13:02:11 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 15,779.44
SERVICING COMPENSATION RECEIVED BY MASTER SERVICER 0.00
SUBSERVICER ADVANCES THIS MONTH 2,266.37
MASTER SERVICER ADVANCES THIS MONTH 0.00
NUMBER OF PRINCIPAL
DELINQUENCIES: LOANS BALANCE
(A) ONE MONTHLY PAYMENT: 1 284,703.38
(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 74,983,804.23
AGGREGATE NUMBER OF LOANS IN THE POOL AS OF THE
DETERMINATION DATE 213
NUMBER OF REO LOANS ACQUIRED
INCLUDING ANY PENDING CASH LIQUIDATIONS 0
BOOK VALUE OF REAL ESTATE ACQUIRED THROUGH
FORECLOSURE OR GRANT OF A DEED IN LIEU OF
FORECLOSURE, INCLUDING ANY PENDING CASH LIQUIDATIONS 0.00
REMAINING SUBCLASS INTEREST SHORTFALL 0.00
CLASS A SHORTFALL (PRINCIPAL) 0.00
CLASS A SHORTFALL (INTEREST) 0.00
TOTAL PREPAYMENTS INCLUDED IN THIS DISTRIBUTION 1,216,761.21
TOTAL REPURCHASES INCLUDED IN THIS DISTRIBUTION 0.00
DISTRIBUTION PERCENTAGES:
SENIOR CLASS M CLASS B
CURRENT DISTRIBUTION 91.96593310 % 0.00000000 % 0.00000000 %
PREPAYMENT PERCENT 100.00000000 % 0.00000000 % 0.00000000 %
NEXT DISTRIBUTION 91.83501730 % 6.76519073 % 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 8.55114576
ENDING WEIGHTED AVERAGE MATURITY, IN MONTHS 357.11
POOL TRADING FACTOR: 98.34352163
................................................................................
